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☆ Schumer urges FDA to probe Prime energy drink backed by YouTube stars Logan Paul and KSI
▼ + stars: | 2023-07-10 | by ( Chelsey Cox | ) www.cnbc.com time to read: +3 min

Logan Paul and KSI pose with Prime hydration bottles prior to a regular season game between the Arizona Diamondbacks and Los Angeles Dodgers on March 31, 2023, at Dodger Stadium in Los Angeles, CA. The brand offers a bottled hydration drink and a canned energy beverage, which is said is not intended for children. Several countries, including Australia, South Africa, the United Kingdom, Canada and New Zealand have already banned Prime Energy drinks or its caffeine-free version, Prime Hydration, in some schools. The company's lack of sufficient warnings about its caffeine content also invites scrutiny, he wrote. "This content and the claims made should be investigated, along with the ingredients and the caffeine content in the Prime energy drink."

Persons: Logan Paul, Brandon Sloter, Chuck Schumer, KSI, Schumer, Robert Califf, Red Bull, Califf Organizations: Arizona Diamondbacks, Los Angeles Dodgers, Dodger, Getty Images, WASHINGTON, Food and Drug Administration, YouTube, Futbol Club Barcelona, Energy, CNBC, Prime Energy Locations: Los Angeles , CA, Washington, Australia, South Africa, United Kingdom, Canada, New Zealand

☆ Bearer of rare 'One Ring' card from 'Lord of the Rings' lore could fetch $2 million and face hefty tax bill
▼ + stars: | 2023-07-10 | by ( Greg Iacurci | ) www.cnbc.com time to read: +6 min

And the ring bearer — if they choose to sell the "precious" — may owe a hefty tax bill on the profits. Marta Iwanek | Toronto Star | Getty ImagesThe Canadian who acquired The One Ring card would most likely pay tax on half their profits. If The One Ring card were sold for 2 million euros — which appears to be the current top bid — then 1 million euros (about CA$1.46 million) would be taxable. Total Canadian tax bill is 'subjective'But what's Canada's tax rate on the profits? (In reality, the effective tax rate would be slightly lower since Canada's income tax system is progressive, as in the U.S., experts said.

Persons: Elijah Wood, Frodo, Misty, Sauron, Mount Doom, —, Roger Perzan, Marta Iwanek, Plaskett, Howard Gleckman, it's, Scott Plaskett, John Oakey, Oakey, Sir Ian McKellen, Gandalf Organizations: Coast LLC, Canadian, Toronto Star, Getty, Urban, Brookings Tax Policy Center, Total Canadian, Chartered Professional Accountants Canada, Canada Revenue Agency Locations: Rivendell, Toronto, Canada, U.S, Ontario, Scott Plaskett Toronto

☆ E-commerce experts say these 4 checkout mistakes may hurt your business' bottom line
▼ + stars: | 2023-07-10 | by ( Sponsor Post | Created Insider Studios With Paypal | ) www.businessinsider.com time to read: +9 min

But many customers still witness challenges during and after checkout, including false declines and fraud. Below are four common checkout mistakes that enterprise e-commerce businesses make and how to avoid them. If those thresholds are too conservative, they can lead to false declines; if they're too liberal, they become more vulnerable to fraud. E-commerce merchants lost an estimated $11.1 billion in false declines last year. The machine learning models can distinguish between legitimate and fraudulent transactions to reduce false declines.

Persons: they're, Cindy Turner, Turner, Chargebacks, PayPal Braintree6, Experian, Cartes Organizations: Enterprise, PayPal, PayPal Braintree, Merchants, Insider Studios, Accounting, Deloitte, Novarica, Naked, LexisNexis, DE Locations: PayPal Braintree, Risk, chargebacks, . CA

☆ Major business group slams disclosure rules as House Republicans probe ESG investing
▼ + stars: | 2023-07-10 | by ( Emily Wilkins | ) www.cnbc.com time to read: +2 min

WASHINGTON – As Republicans in the House dig in to investigate environmental, social and governance, or ESG, investing, a major industry group that represents thousands of companies is urging them to make reforms. The letter is addressed to committee Chairman Rep. Patrick McHenry, R-N.C., and ranking member Rep. Maxine Waters, D-Calif. The letter underscores the business muscle behind the GOP's battle against policies that back ESG investing. ESG investing has become a heated policy battleground. Progressive Democratic lawmakers have pushed back, arguing that considering ESG makes investors more aware of potential risks and opportunities.

Persons: Patrick McHenry, Maxine Waters, David Marcus, Facebook’s Calibra, McHenry, ESG Organizations: Financial, Consumers, Investors, American, WASHINGTON –, National Association of Manufacturers, Financial Services Committee, SEC, CNBC, NAM, Johnson, Exxon Mobil, Pfizer, Progressive Democratic Locations: Washington , U.S, R

☆ Most Gulf markets gain; Egypt extends losses
▼ + stars: | 2023-07-09 | by ( Ateeq Shariff | ) www.reuters.com time to read: +1 min

July 9 (Reuters) - Most stock markets in the Gulf ended higher on Sunday in response to Friday's rise in oil prices, while the Egyptian index extended losses for a fourth session. In Qatar, the index (.QSI) gained 0.3%, led by a 1.8% increase in telecoms firm Ooredoo (ORDS.QA). Outside the Gulf, Egypt's blue-chip index (.EGX30) slid 3.2%, extending losses for a fourth session, as foreign investors continue to sell amid difficult economic conditions locally and internationally. Almost all the stocks on the index were in negative territory including Misr Fertilizers (MFPC.CA), which retreated about 18%. Reporting by Ateeq Shariff in Bengaluru; Editing by Alison WilliamsOur Standards: The Thomson Reuters Trust Principles.

Persons: Dr Sulaiman Al, Ateeq, Alison Williams Organizations: Habib Medical Services, OPEC, Thomson Locations: Saudi, OPEC, Qatar, Ateeq Shariff, Bengaluru

Santa Ana, CA - May 26: An airplane prepares to be loaded as passengers make their way to their gates during the Memorial Day weekend getaway at John Wayne Airport Orange County in John Wayne Airport, Santa Ana, CA on Thursday, May 26, 2022. "Now Boarding" is a videocast about air travel and the business of flying. CNBC airlines reporter Leslie Josephs and CNBC senior producer Erin Black delve into topics like turbulence, airline status, boarding, jumbo jets and all things aviation. Watch this episode and others on CNBC's YouTube channel. On this episode of "Now Boarding," CNBC discusses why airplane boarding can be so complicated and what airlines are doing to make it faster.

Persons: Leslie Josephs, Erin Black Organizations: John Wayne Airport, CNBC, YouTube Locations: Santa Ana , CA, John Wayne Airport Orange, John

☆ California, truck manufacturers strike deal on emissions rules
▼ + stars: | 2023-07-06 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

[1/2] Tesla's new electric semi truck is unveiled during a presentation in Hawthorne, California, U.S., November 16, 2017. REUTERS/Alexandria Sage/File PhotoWASHINGTON, July 6 (Reuters) - California state air regulators and truck and engine manufacturers said on Thursday they had reached an agreement on state emissions rules that will give companies more flexibility to meet requirements. The California Air Resources Board (CARB) said the "Clean Truck Partnership" with the Truck and Engine Manufacturers Association (EMA) includes new flexibility for manufacturers to meet emissions requirements while reaching state goals for reducing emissions. Newsom said "today truck manufacturers join our urgent efforts to slash air pollution, showing the rest of the country that we can both cut dangerous pollution and build the economy of the future." California said Thursday it agreed to modify elements of the 2024 NOx emission regulations for which manufacturers will provide offsets to maintain California emission targets.

Persons: Gavin Newsom, Newsom, Jed Mandel, David Shepardson, David Gregorio Our Organizations: REUTERS, WASHINGTON, California Air Resources Board, Manufacturers Association, U.S . Environmental Protection Agency, Twitter, Cummins, Daimler Truck North, Ford Motor, General Motors, Hino Motors, Volvo Group North America, EPA, Thomson Locations: Hawthorne , California, U.S, Alexandria, California, CA

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Persons: —, you've, Wells, Banks, Foster, Ally, you’ll, Charles Schwab, Chase, Wells Fargo Organizations: Service, Bank of America, Credit Union, Chevron, Alliant Credit Union, Express, American Express, FDIC, Reading Chevron, Axos, Axos Bank, Blue Federal, Blue Foundation, NOVA, Capital, Schwab, Savings, Chase Bank, Overdraft, Chase, locator.chase.com, Green, Banking, The Bancorp Bank, Stride Bank, N.A, CIT Bank, Bank, FDIC CIT Bank, CIT, Connect, Citi, Member FDIC Citi, BBB, Consumers Credit, Credit, Consumers Credit Union, Delta Community Credit, Community Credit, Utah Free, Discover, Discover Bank, FDIC Discover, Falcon International, International, Falcon International Bank, International Bank of Commerce, American, Laredo Federal Credit Union, Latino Community Development Center, North Carolina, Community Credit Union, Latino Community Credit, Navy Federal Free, Federal Free, NCUA Navy Federal Free, Navy Federal Credit Union, Department of Defense, Premier, LifeGreen, Regions Bank, City Federal Credit, River City Federal Credit, Federal Credit, City Federal Credit Union, Employees Credit, NCUA, State Employees Credit Union, Member, Service Credit Union, American Consumer, Security, Security Service, UT, Stripes, Security Service Credit Union, The Security, Synchrony Bank, . Bank, U.S, Bank's Locations: Chevron, Colorado and Wyoming, NY, LA, TX, VA, NJ, Washington, Alaska, Hawaii, Puerto Rico, CA, CT, FL, Chicago , Illinois, eDocuments, Metro Atlanta , Georgia, Kentucky , Texas, Georgia, Texas, AZ, Arizona , California, Colorado, Oklahoma, Laredo, North Carolina, Charlotte, Piedmont Triad, North, American, City, River City, River, San Antonio , Texas, Bexar County, Europe, New Hampshire, Massachusetts, Colorado , Texas, Utah

☆ TipRanks reveals the top 10 Wall Street basic materials sector analysts
▼ + stars: | 2023-07-02 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +4 min

TipRanks recognized the 10 best analysts in the basic materials sector who delivered noteworthy returns and whose recommendations outperformed their peers. In the process, it analyzed every recommendation by analysts in the basic materials sector over the past 10 years. Then, TipRanks' algorithms calculated the statistical significance of each rating, analysts' overall success rate and the average return. Top 10 analysts from the basic materials sectorThe image below shows the most successful Wall Street analysts from the basic materials sector. T J Schultz — RBC CapitalT J Schultz has the 10th spot on the list, with a success rate of 63%.

Persons: Rafael Henrique, Lightrocket, TipRanks, Dan Payne, Bank Dan Payne, Payne, Leo Mariani — Roth MKM Leo Mariani, John Freeman — Raymond James Raymond James, John Freeman, Freeman, Poe Fratt, Global Partners Poe, Elvira Scotto —, Elvira Scotto, Vincent Lovaglio, Scott Hanold, Michael Harvey —, Michael Harvey, Harvey, Dalton Baretto, Canaccord Genuity Dalton Baretto, T J Schultz —, J Schultz Organizations: Bank, Birchcliff Energy, Resources, Vital Energy, Global Partners, Elvira Scotto — RBC, Crestwood Equity Partners, Mizuho Securities, Comstock Resources, RBC Capital RBC Capital, Matador Resources, Michael Harvey — RBC Capital, RBC Capital, Seven Generations Energy, Generations Energy, ARC Resources, T J Schultz — RBC, Targa Resources Locations: Canada

☆ Opinion: It’s time to bring these US military veterans home
▼ + stars: | 2023-07-01 | by ( Opinion Saúl Ramírez | ) edition.cnn.com time to read: +9 min

CNN —Bartolomé, a US military veteran, has spent the last 15 Fourth of July holidays in Mexico. “It’s a stab in the back.”Between 2013 and 2018, 250 US military veterans were placed in removal proceedings and 92 were deported. Unfortunately, an accurate count of deported veterans is nonexistent, because Immigration and Customs Enforcement does not keep a comprehensive record of removed US veterans. Veterans who did not receive a dishonorable discharge are entitled to a military burial in the United States. As a result, the urgency in addressing noncitizen military members’ precarious situation is particularly palpable now.

Persons: CNN —, he’s, Saúl Ramírez Christopher Smith Bartolomé, ” Bartolomé, ”, “, Joe Biden, Mark Takano, Sen, Alex Padilla, “ I’m, I’m, ‘ I’m, ’, Bartolomé, ‘ Don’t, they’ve Organizations: Harvard University, CNN, US Armed Forces, Pew Research Center, United States, Judiciary, Department of Homeland Security, Immigration, Immigration Services, Department of Defense, Immigration Systems, New, of State, Department of Justice, DHS, of Homeland Security, Committee, Veterans Affairs, Veterans, Los, Twitter, Facebook, Bartolomé Locations: Mexico, United States, Los Angeles

☆ Inside a millennial's $1,600/month tiny home by the beach in Santa Monica, CA
▼ + stars: | 2023-07-01 | by ( Ernestine Siu | ) www.cnbc.com time to read: 1 min

Sung moved into her tiny house following a major transition in her life. Living in the tiny home has helped her realign with her values, get grounded and become more intentional in her life. Previous to living in her tiny home, Sung lived in New York City for over 18 years where she paid $4,500 a month for her apartment. Unlocked is a home tour series focused on how much people across the globe spend on their housing, what they get for the money and what they had to sacrifice to make it happen.

Persons: Sung Locations: New York City

☆ 7 creator startups that had the biggest VidCon presences, wooing attendees with parties, swag, and more
▼ + stars: | 2023-06-29 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +1 min

These startups set up events and parties as a way to further establish their presence in the space. Gaming giant Roblox and course platform Thinkific hosted invite-only dinners and parties. Beyond the convention center panels and meet-ups, startups made waves with creators at nearby restaurants, hotels, and bars where brands, agencies, and startups hosted invite-only mixers and parties. The main theme of VidCon 2023 was learning how to become a successful creator, and startups capitalized by showing up in creative ways. Here were seven top creator startups with the largest presences at this year's VidCon:

Persons: Whalar, VidCon, Jellysmack Organizations: Gaming, Talent, Viral, Hyatt Regency, YouTube Locations: Anaheim , CA

☆ Nvidia knocks down concern over AI chip exports to China. The reason is why we own the stock
▼ + stars: | 2023-06-28 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +4 min

The weakness in Nvidia's stock — down around 1.8%, at $411 a share, in late trading Wednesday — may prove temporary as a result. The CFO's comments came after The Wall Street Journal reported late Tuesday that the Commerce Department could implement stricter measures around the export of AI chips to China and other countries of concern as early as July. NVDA YTD mountain Nvidia's stock performance so far in 2023. Still, over the long term, Nvidia's future business would feel an impact from strict export controls on AI chips, Kress acknowledged. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Colette Kress, Kress, Piper Sandler, Biden, Jim Cramer's, Jim Cramer, Jim, Katie Tarasov Organizations: Nvidia, Wednesday, Street Journal, Commerce Department, U.S, Club, Devices, AMD, Intel, CNBC Locations: U.S, China, Russia, Washington, Santa Clara , CA

☆ 7 top creator startups that made a big splash at VidCon, wooing attendees with exclusive parties, swag, and more
▼ + stars: | 2023-06-28 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +1 min

Persons: Whalar, VidCon, Jellysmack Organizations: Gaming, Talent, Viral, Hyatt Regency, YouTube Locations: Anaheim , CA

☆ Top US Republican threatens impeachment probe of attorney general over Hunter Biden
▼ + stars: | 2023-06-26 | by ( David Morgan | ) www.reuters.com time to read: +3 min

Trump, who faces multiple investigations and a federal indictment, is running for re-election in 2024. McCarthy, who backs the effort to expunge Trump's record, has also leveled an impeachment threat against another Biden Cabinet member, Homeland Security Secretary Alejandro Mayorkas, over the administration's immigration policies. Hardline Republican conservative Representative Lauren Boebert tried to force the House to vote to impeach Biden over immigration and border security last week. Fellow hardline Representative Marjorie Taylor Greene is also pressing for the impeachments of Biden, Garland, Mayorkas, FBI Director Christopher Wray and a U.S. attorney prosecuting participants in the Jan. 6 attack on the Capitol. Reporting by David Morgan; editing by Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

Persons: Kevin McCarthy, Hillary Clinton, Biden, Narendra Modi, Read, General Merrick Garland, Joe Biden's, Hunter, David Weiss, Donald Trump, Biden's, Merrick Garland's weaponization, McCarthy, Hunter Biden, Garland, Weiss, Trump, Ukraine's, expunge, Alejandro Mayorkas, Lauren Boebert, Marjorie Taylor Greene, Mayorkas, Christopher Wray, David Morgan, Mark Heinrich Our Organizations: U.S, India's, Republican, U.S . House, Justice, Justice Department, DOJ, Revenue, Republicans, Trump, Capitol, Biden, Homeland, Thomson Locations: WASHINGTON, U.S

☆ VidCon 2023 showed how much the line between creator and fan has blurred. Here are 6 top takeaways from the annual creator industry conference.
▼ + stars: | 2023-06-26 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +1 min

VidCon, the conference for creators, professionals, and fans returned this year in Anaheim, CA. Last week, creators and industry professionals came together at the Anaheim Convention Center for VidCon. Beyond the panels, parties, and meet-and-greets, the real magic of VidCon was happening offsite, at nearby restaurants and bars where brands, agencies, and startups hosted exclusive invite-only mixers. At this year's VidCon, the divide between creator and fan faded, and many attendees identified with both. Snapping a photo with a successful creator became less valuable than actual time spent learning the secrets to their success.

Persons: Colin, Samir, Amber Tarshis, Instagram Organizations: YouTube, Cannes Lions, Anaheim Convention, VidCon Locations: Anaheim , CA, Anaheim

☆ San Antonio airport worker dies after being 'ingested' into airplane engine in apparent freak accident
▼ + stars: | 2023-06-25 | by ( Doha Madani | Austin Mullen | ) www.cnbc.com time to read: +1 min

Los Angeles, CA - March 29: Delta Air Lines unveils a new $1.9-billion Terminal 3 at Los Angeles International Airport on Tuesday, March 29, 2022 in Los Angeles, CA. An airport employee died on Friday night in what appears to be a freak accident at the San Antonio International Airport, authorities said. The worker, who was not identified, was "ingested" into an airplane engine at 10:25 p.m. Friday night, the National Transportation Safety Board said in a statement. A Delta Air Lines flight arriving from Los Angeles was taxiing to the gate on one engine. The San Antonio International Airport also confirmed an employee's death on Friday in a statement, according to NBC affiliate WOAI.

Persons: Delta Organizations: Delta Air Lines, Los Angeles International Airport, San Antonio International Airport, National Transportation Safety, NTSB, Federal Aviation Administration, San Antonio International, NBC Locations: Los Angeles , CA, Los Angeles

☆ TipRanks reveals the top 10 Wall Street utilities sector analysts
▼ + stars: | 2023-06-25 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

TipRanks recognized the 10 best analysts in the utilities sector who delivered significant returns and edged past their peers through their recommendations. TipRanks' algorithms calculated the statistical significance of each rating, the average return and the analysts' overall success rate. Top 10 analysts from the utilities sectorThe image below shows the most successful Wall Street analysts from the utilities sector. Based on his buy recommendation, the analyst generated a profit of 161.7% from July 21, 2020 to July 21, 2021. Julien Dumoulin-Smith — Bank of America SecuritiesJulien Dumoulin-Smith has the 10th spot on the list, with a success rate of 57%.

Persons: Patrick T, Fallon, TipRanks, Shelby Tucker, Tucker, Frederic Bastien — Raymond James Frederic Bastien, Black, Benjamin Pham —, Benjamin Pham, Pham, Mark Jarvi —, Mark Jarvi — CIBC Mark Jarvi, Robert Catellier —, Robert Catellier, Alberto Gandolfi — Goldman Sachs, Alberto Gandolfi, Nelson Ng, Jan, Patrick Kenny, Kenny, Neil Kalton, Wells, Julien Dumoulin, Smith — Bank of America Securities Julien Dumoulin, Smith Organizations: Fluence, Siemens, AES Company, AES Alamitos Battery Energy Storage, AFP, Getty, RBC, Energy, Benjamin Pham — BMO Capital BMO Capital, Mark Jarvi — CIBC, Pinnacle, Drax Group, Robert Catellier — CIBC, RBC Capital RBC Capital, Bank In, National Bank, Secure Energy Services, Smith — Bank of America Securities, Sunrun Locations: Long Beach , California, Canadian, Canada, Danish, Methanex

Taylor Swift has announced 50 international dates for the Eras Tour across Mexico, South America, Asia, Australia, and Europe. Date Local venue time City June 23, 2023 6:30 p.m. Minneapolis, MN June 24, 2023 6:30 p.m. Minneapolis, MN June 30, 2023 6:30 p.m. Cincinnati, OH July 1, 2023 6:30 p.m. Cincinnati, OH July 7, 2023 6:30 p.m. Kansas City, MO July 8, 2023 6:30 p.m. Kansas City, MO July 14, 2023 6:30 p.m. Denver, CO July 15, 2023 6:30 p.m. Denver, CO July 22, 2023 6:30 p.m. Seattle, WA July 23, 2023 6:30 p.m. Seattle, WA July 28, 2023 6:30 p.m. Santa Clara, CA July 29, 2023 6:30 p.m. Santa Clara, CA August 3, 2023 6:30 p.m. Inglewood, CA August 4, 2023 6:30 p.m. Inglewood, CA August 5, 2023 6:30 p.m. Inglewood, CA August 8, 2023 6:30 p.m. Inglewood, CA August 9, 2023 6:30 p.m. Inglewood, CAHow to buy tickets for the Taylor Swift Eras TourTaylor Swift in promotion art for her album "Midnights." Beth GarrabrantTickets for Taylor Swift's Eras Tour in the US are now only available to purchase through resale sites like StubHub. How much are Taylor Swift Eras Tour tickets? In the US, general ticket prices for Taylor Swift's the Eras Tour started at $49 and went up to $449.

Persons: Taylor Swift, we've, São Paulo, Taylor, Beth Garrabrant, Taylor Swift's, Hayley Williams, Paramore, Josh Brasted, Beabadoobee, Phoebe Bridgers, MUNA, Haim, Gayle, Gracie Abrams Organizations: SG, Kansas, Ticketmaster, Singapore Locations: Mexico, South America, Europe, Asia, Australia, Here's, Mexico City, Buenos Aires, Argentina, Rio de Janeiro, Brazil, Tokyo, Japan, Melbourne, Sydney, Singapore, Paris, France, Stockholm, Sweden, Lisbon, Portugal, Madrid, Spain, Lyon, Edinburgh, United Kingdom, Liverpool, Cardiff, London, Dublin, Ireland, Amsterdam, Netherlands, Zürich, Switzerland, Milan, Italy, Gelsenkirchen, Germany, Hamburg, Munich, Warsaw, Poland, Vienna, Austria, United, Minneapolis ,, Cincinnati ,, Kansas City ,, Denver, Seattle , WA, Santa Clara , CA, Inglewood , CA

☆ What Is a Jumbo Mortgage, and How Do You Get the Best Rates?
▼ + stars: | 2023-06-21 | by ( Beth Decarbo | ) www.wsj.com time to read: +9 min

What is a jumbo mortgage? Do jumbo loans come with jumbo mortgage rates? Many times, jumbo rates are lower than those for conforming loans, in part because the stringent requirements to qualify for a jumbo loan lessen the risk that borrowers will default. Tips to save on a jumbo loanWith some savvy strategies, house hunters in need of a jumbo mortgage can reduce their costs. Chase, for example, offers the highest jumbo limits (up to $9.5 million), which is one of the reasons it is Buy Side’s pick for best jumbo mortgage lender.

Persons: Beth DeCarbo, Fannie Mae, Freddie Mac won’t, Greg McBride, ”, Jacob Channel, Andy Wagner, Wagner, Bankrate’s McBride, Michael P, aren’t, Lani, —, Guy Cecala, ” Cecala Organizations: New, Federal Housing Finance Agency, Government, Jumbo, Nations Lending, ARM, American Mortgage Resource Inc, Inside Mortgage Finance, Bank of America, Chase, Mortgage Finance Locations: Minneapolis, Sacramento, CA, Denver, Boston, San Diego, New York City, Jackson, Chicago, Massachusetts, Wells, Fargo

That’s what’s a great embarrassment for dictators, when they didn’t know what happened,” Biden told attendees at the fundraiser in the Bay Area, referring to the Chinese spy balloon that the US shot down earlier this year. “He called me and told me not to do that because it was putting him in a bind,” Biden said, referring to the Chinese president. The region has taken on a greater importance for Washington as China has become increasingly assertive over its territorial claims in the area, expands its naval capabilities and militarizes islands in the South China Sea. “Now we have India, Australia, Japan and the United States working hand in glove in the South China Sea, in the Indian Ocean. We have a situation where I’ve met with all 50 of the major maritime states in East Asia,” Biden said in California.

Persons: Joe Biden, Xi Jinping, ”, Antony Blinken, what’s, ” Biden, Biden, Blinken’s, “, John Kerry, Blinken –, Xi, “ We’re, ” Blinken, I’ve Organizations: San Francisco , CA CNN, CNN, House, Japan –, South Pacific Locations: San Francisco , CA, California, Washington, Beijing, Bay, China, United States, India, Australia, Japan, South, South China, East Asia

☆ Gulf bourses end mixed on China growth concerns
▼ + stars: | 2023-06-20 | by ( Md Manzer Hussain | ) www.reuters.com time to read: +2 min

China on Tuesday cut two benchmark lending rates by 10 basis points each. Dubai's benchmark index (.DFMGI) extended losses to a second straight session, ending 0.3% lower. Saudi Arabia's benchmark index (.TASI) inched up 0.1%, with Dr Sulaiman Al-Habib Medical Services (4013.SE) rising 0.7% and Company for Cooperative Insurance (8010.SE) climbing 2.3%. "Oil prices remained volatile as Chinese economic recovery continues to fuel concerns among traders, affecting oil demand expectations," said Daniel Takieddine, CEO MENA at BDSwiss. Outside the Gulf, Egypt's blue-chip index (.EGX30) fell 0.4%, extending previous session losses with financial and materials sectors trading in the red.

Persons: Dr Sulaiman Al, Daniel Takieddine, Brent, Md Manzer Hussain, Eileen Soreng Organizations: Emaar, Emirates Central Cooling Systems, Emirates, Qatar National Bank, Ezdan, Habib Medical Services, Company, Cooperative Insurance, Jamjoom Pharmaceuticals, Alpha, Commercial International Bank, Ezz, Thomson Locations: Dubai, Qatar, Saudi, Abu Dhabi, China, Beijing, Alpha Dhabi, Burjeel

☆ TipRanks reveals the top 10 Wall Street industrial sector analysts
▼ + stars: | 2023-06-18 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

TipRanks used its Experts Center tool to find the analysts sporting a high success rate. TipRanks' algorithms calculated the statistical significance of each rating, analysts' overall success rate, and the average return. Top 10 analysts from the consumer goods sectorThe image below shows the most successful Wall Street analysts from the industrial goods sector. The buy recommendation generated a return of 134.8% from May 14, 2020 to May 14, 2021. Christopher Glynn - OppenheimerChristopher Glynn has the 10th spot on the list, with a success rate of 60%.

Persons: CARR, Spencer Platt, TipRanks, Kenneth Herbert, Herbert, Leonardo, Stephen Volkmann, Jefferies Stephen Volkmann, Parker Hannifin, Seth Weber, Weber, Benoit Poirier – Desjardins Benoit Poirier, Keith Hughes, Stanley Elliott, Stifel Nicolaus, Andrew Kaplowitz, Julian Mitchell –, Julian Mitchell, Mitchell, Gautam Khanna —, Cowen Gautam Khanna, Christopher Glynn, Oppenheimer Christopher Glynn Organizations: New York Stock Exchange, Getty, RBC, Leonardo DRS, DRS, Wells, Herc Holdings, TFI, Truist, Caterpillar, Citi Citigroup, Julian Mitchell – Barclays, Barclays, Carrier, Johnson Locations: New York City, Wells Fargo Wells, Symbotic, Generac

Heads up, golf fans, it's the final round today, and we can show you how to watch the US Open live stream from anywhere. Shop at SlingHow to watch US Open live streams in the UKSky Sports is broadcasting the US Open in the United Kingdom. How to watch US Open live streams in CanadaWant to watch the US Open in Canada? How to watch US Open live streams for free in AustraliaTaking advantage of various free trials in Australia means you can watch the US Open for free. How to watch US Open live streams free from anywhereLive in a country that isn't broadcasting the US Open?

Persons: you'll, Peacock, here's, ExpressVPN, . Organizations: NBC, Sky Sports, Sky's, Sports, TSN, Fox Sports, Foxtel, Kayo, TV Locations: United States, Canada, Australia, United Kingdom

☆ Qatar stock market ends lower, Egypt rises
▼ + stars: | 2023-06-18 | by ( Md Manzer Hussain | ) www.reuters.com time to read: +2 min

The Qatari Stock index (.QSI) dropped 0.1%, extending its losses to a second session with Gulf's biggest lender Qatar National Bank (QNBK.QA) falling 0.2% and Qatar Islamic Bank (QISB.QA) shedding 1.1%. Among the losers, Lesha Bank (QFBQ.QA) and Dukhan Bank (DUBK.QA) lost 1.1% and 1.3% respectively. Saudi Arabia's benchmark index (.TASI) added marginally as losses in energy and financial sectors countered gains in most of the sectors. Dr Sulaiman Al-Habib Medical Services (4013.SE) climbed 2.5% and Mouwasat Medical Services (4002.SE) surged 6.1%. However, Riyad Bank (1010.SE) and the world's largest Islamic bank by assets Al Rajhi Bank (1120.SE) lost 2.1% and 0.7% respectively.

Persons: Christopher Waller, Dr Sulaiman Al, Md Manzer Hussain, David Evans Organizations: . Federal, United Arab, Qatar National Bank, Qatar Islamic Bank, Lesha Bank, Dukhan Bank, Habib Medical Services, Mouwasat Medical Services, Riyad Bank, Al Rajhi Bank, Co, International Finance Corporation, IFC, Thomson Locations: United States, Saudi Arabia, United Arab Emirates, Qatar, Saudi, El

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