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☆ European markets set to open higher following Fed cut; Bank of England rate decision in focus
▼ + stars: | 2024-09-19 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

Bank of England in the City of London as economists and mortgage holders await this week's interest rate announcement on 28th July 2024 in London, United Kingdom. LONDON — European markets were poised to open higher as investors digested the U.S. Federal Reserve's first interest rate cut in four years and looked ahead to the Bank of England's rate decision later in the session. Back in Europe, investor attention is now turning to the Bank of England, with the central bank largely expected to hold rates steady at 5%. The Fed's jumbo rate cut is unlikely to impact the Bank of England, according to economists, as the central bank ratified its decision around lunchtime Wednesday, hours before the U.S. announcement. Also on Thursday, Norway's central bank will deliver its latest interest rate decision.

Persons: Germany's DAX, Tiina Lee, CNBC's Organizations: of England, City of, LONDON, . Federal, Bank of, FTSE, France's CAC, Fed, Bank of England, Citi UK Locations: City, City of London, London, United Kingdom, ., Trading, Asia, Europe, U.S, Norway's

☆ JD Souther, singer who co-wrote Eagles classics like 'New Kid in Town,' dies at 78
▼ + stars: | 2024-09-18 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +16 min

He just missed making the top 10 again when the 1981 single “Her Town Too” — a duet with James Taylor — peaked at No. I had an agent, but I don’t know that I really read for any of those roles. In a 2018 interview with the Chicago Tribune, Souther said that he was still friendly with most of his superstar collaborators. I don’t really want to be stopped when I’m in the grocery store and have somebody pay a bunch of attention to me. Donations in JD’s honor can be made to Best Friends Animal Society, an organization that was very important to him.

Persons: JD Souther, ”, Souther, Karla Bonoff, ” “ James Dean, ” “ Doolin, Don Henley, Souther’s, Roy Orbison, James Taylor —, Linda Ronstadt, George Strait, Bonnie Raitt, ‘, ’ ” Souther, “, Glenn Frey, —, JD didn’t, ” Souther, Steven Spielberg, Ed Zwick, ’, Mike Nichols, Ed, Longbranch, David Geffen’s, John David Souther, Chris Hillman, Richie Furay, Buck Owens, Merle Haggard, Waylon Jennings, Clark, Poco, Linda, won’t, Jackson Browne, Glenn, Waddy, Danny Kortchmar, Taylor, Warren Zevon, Don, Jackson, Zevon, Linda —, Sill, doesn’t, Rose, Dawn, Ronstadt, I’m, Browne, “ Don, David Geffen, ’ I’ve, Frey, Henley, … It’s, you’re, Souther —, Nashville —, “ Glenn Frey, “ She’s, Linda Ronstadt’s, Stevie Nicks, Judee Sill, “ Faulkner, I’ve Organizations: Eagles, PR, “, Dixie, Creative Independent, Nashville ”, Songwriters Hall of Fame, David Geffen’s Asylum, British Museum, Souther, Hillman, CSN, Byrds, Dillard, Brothers, Asylum, Hollywood, Chicago Tribune, Jackson, Troubadour, Kia, Facebook, Animal Society Locations: New Mexico, Southern California, Town, ”, L.A, ‘, ’, Orange County, Detroit, Henley’s, Texas, I’m, Linda’s, Arizona, New York, Boston, Mars, Columbia, New England, Japan, Wellington , Texas, Nashville, San Francisco, California, Arizona Republic, Europe

☆ An aggressive Fed move is unlikely to spur a surprise Bank of England rate cut
▼ + stars: | 2024-09-18 | by ( Jenni Reid | ) www.cnbc.com time to read: +3 min

Commuters outside the Bank of England (BOE) in the City of London, UK, on Monday, Sept. 16, 2024. The central bank's Monetary Policy Committee's interest rate decision is scheduled for release on Sept. 19. Either way, this would be Fed's first rate cut in the current cycle. Meanwhile, money market pricing for a BOE cut at Thursday's September meeting dipped from 35% late Tuesday to 26% Wednesday morning, still slightly higher than it was last week. The move came after U.K. inflation came in at 2.2% for August, steady on July and in-line with expectations — thus backing the need for a little more caution in Threadneedle Street.

Persons: BOE, —, Sanjay Raja, Raja, George Lazarias, Mazars, they're, Lazarias Organizations: Bank of England, City of, Bloomberg, Getty, Federal Reserve, CNBC, Deutsche Bank, Monetary, MPC Locations: City, City of London, China

☆ European markets set for lower open as investors weigh UK inflation data
▼ + stars: | 2024-09-18 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

Italy's FTSE MIB meanwhile was set to fall by around 39 points to 33,784. LONDON — European markets were headed for a lower open on Wednesday as investors considered key data from the region and looked to the U.S. Federal Reserve interest rate decision. In Europe, U.K. inflation figures for August were published Wednesday, coming in at 2.2% according to data from the Office for National Statistics. The data comes ahead of the Bank of England meeting and interest rate policy decision scheduled for later this week. The Fed is all but guaranteed to announce an interest rate cut on Wednesday, which would be its first since it started hiking rates in March 2022.

Persons: Germany's DAX Organizations: CAC, LONDON, U.S . Federal, Office, National Statistics, Bank of England, Bank of Japan, U.S . Federal Reserve, Traders Locations: Europe, Asia, Pacific

☆ Totò Schillaci: Tributes pour in for Italy soccer legend after his death aged 59
▼ + stars: | 2024-09-18 | by ( Aleks Klosok | ) edition.cnn.com time to read: +3 min

CNN —Former Italy and Juventus striker Salvatore “Totò” Schillaci, who was the top scorer at the 1990 World Cup on home soil, has died at the age of 59, his former club announced in a statement on Wednesday. “Salvatore Schillaci, known by everyone as Totò, the striker from the magic nights of Italia ’90 with our national team. Bon voyage, champion.”Schillaci played a starring role for Italy at the 1990 World Cup. In the aftermath of the World Cup, Schillaci would go on to score only once more for his country, a goal in a 2-1 defeat to Norway the following year in a qualifier for the 1992 UEFA European Championships. Schillaci announced his retirement from the game in 1999.

Persons: Salvatore “ Totò, Schillaci, “, Totò, Giorgia Meloni, “ Salvatore Schillaci, ” Schillaci, Paolo Bruno, d’Or –, –, Lothar Matthäus, Lorenzo Casini, ”, Japan’s J.League, Jubilo Iwata, Gabriele Gravina Organizations: CNN, Italy, Juventus, Argentina, England, Juve, Italy’s, ’, Getty, UEFA European, Coppa Italia, UEFA Cup, Inter Milan, Inter, Serie Locations: Italy, Italy’s, West Germany, Norway, Japan’s, Italian

☆ UK inflation holds steady in August, matching expectations
▼ + stars: | 2024-09-18 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Anadolu | Getty ImagesLONDON — U.K. inflation held steady during the month of August, data from the Office for National Statistics showed Wednesday, and matched analyst expectations. Headline CPI had come in at 2% in May and June, in line with the Bank of England's target rate. Services inflation — which is closely watched by the BOE, given its dominance within the U.K. economy and its reflection of domestically-generated price rises — rose to 5.6% in August from 5.2% in July. Core inflation, excluding energy, food, alcohol and tobacco, came in at 3.6%, up from the 3.3% recorded in July. "Despite recent data showing a stagnation in UK economic output and easing wage growth, core inflation remains sticky, with services inflation rising from 5.2% to 5.6% which will weigh heavily on the BOE's decision-making," Carter said in a note.

Persons: BOE, Richard Carter, Cheviot, Carter Organizations: Anadolu, Getty, Office, National Statistics, Headline CPI, Bank of, U.S . Federal Reserve

☆ Dollar catches footing ahead of Fed
▼ + stars: | 2024-09-18 | by ( ) www.cnbc.com time to read: +3 min

The dollar steadied on Wednesday as stronger-than-expected U.S. retail sales had traders slightly trimming bets that the U.S. easing cycle will begin with an outsized interest rate cut. The Federal Reserve is expected to make its first interest rate cut in more than four years at 1800 GMT, which will be followed by a news conference half an hour later. A rate cut is fully priced, with interest rate futures implying a 63% chance of a 50 basis point cut, after flirting with 70% a day earlier. Traders say the Fed's tone as well as the size of the rate cut will drive the next moves in the foreign exchange market. China's stock, bond and currency markets resume trade on Wednesday after the mid-autumn festival break, though it is a holiday on Wednesday in Hong Kong.

Persons: Nathan Swami, Swami Organizations: Federal, Traders, Citi, Australian, New Zealand, Sterling, Bank of, ANZ Bank Locations: Buenos Aires, Argentina, Asia, U.S, Japan, Atlanta, Singapore, Hong Kong, Bank of England

☆ ‘American Sports Story’ re-examines the rise and fall of NFL star Aaron Hernandez
▼ + stars: | 2024-09-17 | by ( Max Gao | Max Gao Is A Freelance Entertainment | Sports Journalist Based In Toronto. He Has Written For Nbc News | ) www.nbcnews.com time to read: +10 min

Based on the Boston Globe and Wondery podcast “Gladiator: Aaron Hernandez and Football Inc.” and adapted by Stuart Zicherman, “American Sports Story,” which premieres Tuesday on FX, chronicles Hernandez’s meteoric rise to NFL superstardom and his stunning fall from grace after his arrest and eventual conviction of first-degree murder in 2015. Aaron Hernandez was a monster, a killer — and that’s just the way people talked about him. Michael DeHoog / Getty Images fileIn the years since his death, Hernandez’s sexuality has been the subject of much speculation, with some of his loved ones claiming he had come out as gay. “A person struggling with his sexuality in the NFL when Aaron played in 2010, 2011, would not have been tolerated, not one bit,” Zicherman said. Josh Rivera as Aaron Hernandez in "American Sports Story: Aaron Hernandez."

Persons: Aaron Hernandez, Odin Lloyd, Ryan Murphy’s buzzy, Stuart Zicherman, NFL superstardom, Hernandez, that’s, ” Zicherman, ”, Zicherman, Josh Andrés Rivera, “, ” Murphy, Nina Jacobson, Brad Simpson, O.J, Simpson, Gianni Versace, Clinton, Lewinsky, —, Hernandez’s, ” Rivera, Steven Spielberg’s, ” Aaron Hernandez, Michael DeHoog, Dennis SanSoucie, Aaron, Chris, Jake Cannavale, Shayanna Jenkins, Jaylen Barron, must’ve, Rivera, Hernandez “, SanSoucie, Josh Rivera, Eric Liebowitz, FX Rivera, I’m, it’s, doesn’t Organizations: New England Patriot, Boston Globe, Football Inc, NFL, NBC News, Boston, “, NBC Locations: Boston, Massachusetts, Jacksonville, Fla, Florida

☆ Dollar pinned down by 50 bp Fed cut bets
▼ + stars: | 2024-09-17 | by ( ) www.cnbc.com time to read: +2 min

The dollar traded near its lowest levels of the year on Tuesday, on the eve of the expected the start to a U.S. easing cycle that markets are betting may begin with an outsized rate cut. The euro rallied overnight to $1.1138 and traded around there early in the Asia session, not far from the year's high against the dollar of $1.1201. Fed funds futures rallied on Monday to push the chance of a 50 basis point rate cut to 67%, against 30% a week ago. "That's because the contrast between central bank outlooks will remain starkest between the Fed and the BoJ, for the time being." The U.S. dollar index weakened 0.4% overnight to 100.7, not far from its 2024 low made last month at 100.51.

Persons: Sterling — Organizations: Macquarie, Fed, Bank of, The Bank of England, New, U.S Locations: U.S, Asia, Tokyo, Bank of Japan, New Zealand

☆ Treasury yields little changed as Fed meeting set to kick off
▼ + stars: | 2024-09-17 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the yield on the 10-year Treasury yield was down by less than one basis point to 3.6194%. The 2-year Treasury yield was last less than one basis point lower to 3.5506%. U.S. Treasury yields held steady on Tuesday as the Federal Reserve's monetary policy meeting is scheduled to begin, with policymakers widely expected to announce an interest rate cut at its conclusion. All eyes are on the Federal Reserve this week, with an interest rate cut from the central bank all but guaranteed. The key question across markets remains how big the rate cut from the Fed will be on Wednesday.

Persons: Dow Jones Organizations: U.S, Treasury, Federal, Federal Reserve, Fed, Traders, Bank of England, Bank of Locations: Bank of Japan

☆ Jet: The forgotten gemstone that reigned during the Victorian era comes back into focus
▼ + stars: | 2024-09-17 | by ( Emili Vesilind | ) edition.cnn.com time to read: +8 min

And these designers aren’t using just any old jet — they’re purposefully picking Whitby jet, which is widely considered the gold standard of jewelry-ready jet. And “Whitby jet is definitely in the running for the best jet in the world,” explained Steele, who also co-owns Ebor Jetworks, an historic jet workshop and retail shop in the town. Whitby jet is renowned for being pitch-black in color and tough in temperament. Generally speaking, Whitby jet won’t crack or fade over time, like less hearty, no-name jets are wont to do. “There’s not enough jet out there and you can’t buy big pieces of jet” said Steele.

Persons: Queen Victoria, Prince Albert, Victoria's, ”, Sarah Steele, “, ” Steele, “ We’re, Steele, Natasha Wightman's, Tessa Trager Sussex, Natasha Wightman, Rei Kawakubo, Adrian Joffe, Graham Heeley, Ian Fowler, Wightman, Great Britain …, ” Jacqueline Cullen, wasn’t, Jacqueline Cullen, Cullen, he’s, who’ve, John Galliano, Schiaparelli’s Daniel Roseberry, Mary , Queen of, Holly Mazour, it’s, “ There’s Organizations: CNN, Vikings, Deutsch, ”, Whitby, “ Ravens, Central Saint Martins, Blend, Derbyshire Locations: Venezuela, Spain, France, American, Whitby, North Yorkshire, England, Dover, Great Britain, ateliers, London, hunks

We'll show you how to watch American Sports Story: Aaron Hernandez from anywhere, whether you have cable or are seeking a live streaming alternative. Below, we've put together everything you need to know about American Sports Story: Aaron Hernandez, including a look at the trailer. How to watch American Sports Story: Aaron Hernandez in the USAmerican Sports Story: Aaron Hernandez airs Tuesdays at 10 p.m. The live TV service offers FX through its Sling Blue plan, which also carries USA, Bravo, E!, and 38 other live TV channels. Check price at ExpressVPNAmerican Sports Story: Aaron Hernandez trailerFX released a trailer for American Sports Story: Aaron Hernandez in mid-August.

Persons: Ryan Murphy, Aaron Hernandez, Josh Andrés Rivera, Murphy, we've, Max, ExpressVPN Organizations: Business, New England Patriots, Netflix, US, FX, Bravo, Hulu, Disney, ESPN, ExpressVPN, Sports

☆ NFL Power Rankings Week 3: Cowboys, Ravens in trouble? Are Saints, Vikings for real?
▼ + stars: | 2024-09-17 | by ( Josh Kendall | ) www.nytimes.com time to read: +24 min

It’s Week 3 of the NFL Power Rankings, and Tennessee Titans coach Brian Callahan speaks for all of us. ETGO DEEPER NFL Week 2 takeaways: What Chiefs' latest survival shows, Ravens problems, Saints thrivingLast week: 3Thursday: Beat Miami Dolphins 31-10Week 1 was the Josh Allen Show — four touchdowns and 279 combined passing and rushing yards. Dallas Cowboys (1-1)Last week: 7Sunday: Lost to New Orleans Saints 44-19The roller-coaster ride of being a Cowboys fan never ends, does it? That’s been enough because the defense hasn’t allowed either opponent to top 90 yards rushing. Look for a heavy dose of De’Von Achane, who had 96 rushing yards and 69 receiving yards against the Bills, as long as he’s healthy.

Persons: Brian Callahan, Malik Willis, Wanya Morris, Travis Kelce, Morris, Kelce, Patrick Mahomes, He’s, Tom Brady, Roger Staubach, Josh Allen, Allen, BetMGM, Alvin Kamara, Sam Darnold's, shouldn’t, C.J ., Chris Godwin, Nic Antaya, Quarterback Baker Mayfield, Aidan Hutchinson, Khalil Mack’s, Jared Goff, Randy Moss, Justin Jefferson, Jefferson, Sam Darnold, it’s, Darnold, Brock Purdy, Deebo Samuel, Jordan Mason, Christian McCaffrey, San Francisco, Steve Young quarterbacked, Dobbins, Jim Harbaugh, DK Metcalf, Jaxon Smith, Kenneth Walker III, Walker, Geno Smith, Saquon Barkley hadn’t, Kirk Cousins, Josh Jacobs, Jordan Love, Dak, Dallas, CeeDee Lamb, Dallas pic.twitter.com, 2JC9Sidf35 —, Kyler Murray, Marvin Harrison Jr, Murray’s, enver B, ike T, aron R odgers, odgers, amar, ackson,, asser, orth, hase, rong, alf, eason, ong, olk, J r., roy T aormina, ike, ating, ake, ackers, hird, own., aguars, rian C, ade, ade Y ork, enver B roncos, hinks., iants, enver, ince, rian D Organizations: NFL, Tennessee Titans, National Football League, Vikings, 49ers, Raiders, Ravens, Buccaneers, Lions, Packers, Colts, New, New Orleans Saints, Cowboys, Bengals, Rams, Chargers, Saints, Seahawks, Beat Cincinnati Bengals, Kansas City, Chiefs, Falcons, Beat Miami Dolphins, Bills, Dolphins, Jaguars, Beat Dallas Cowboys, New Orleans ’, Philadelphia Eagles, Sam Darnold's Vikings, Beat Chicago Bears, Texans, Bears, Houston, Four Texans, Minnesota Vikings, Bucs, Tampa Bay Buccaneers, Beat Detroit Lions, Tampa Bay, Detroit, Denver Broncos, Detroit Lions, Arizona Cardinals, San Francisco 49ers, Houston Texans, Niners, Los Angeles Rams, Los Angeles Chargers, Beat Carolina Panthers, Panthers, Steelers, Pittsburgh Steelers, Seattle Seahawks, New England Patriots, Seattle, Miami Dolphins, Atlanta Falcons, Eagles, Green Bay Packers, Beat Indianapolis, Sunday, Green Bay, Dallas Cowboys, Cleveland, Dallas, Baltimore Ravens, T, 2JC9Sidf35 — Dallas Texas TV, MURRAY, FC, ards, ashington, eads, ams, ust, alton Locations: New Orleans, Buffalo, C.J, C.J . Stroud, Detroit, Tampa, San, Minnesota, J.K, Seattle, ards, ife, verall,

☆ Whelan says he spent last five days in Russian detention in solitary confinement
▼ + stars: | 2024-09-17 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +3 min

CNN —Paul Whelan, who spent five-and-a-half years wrongfully detained in Russia, revealed Tuesday that he had spent the final five days leading up to his release in solitary confinement. “It was due to people like my parents, who grew up in England during the war. It was that kind of, you know, resiliency that saw them through their childhood in England, and that’s how I grew up. Whelan said it was great to be back but “there’s a lot ahead.”“One of the things I’m focused on is getting a new car. Whelan also expressed gratitude for the government agencies who helped secure his release.

Persons: CNN — Paul Whelan, ”, “, ” Whelan, Whelan, Marc Fogel, Marc, Trevor, Reed Organizations: CNN, Capitol, Michigan Locations: Russia, PISA, “, England, United States, Germany, readjusting, American

☆ Brexit is ‘stifling’ Britain’s trade with Europe and the problem is getting worse
▼ + stars: | 2024-09-17 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

Researchers at Aston University in England estimated that between 2021 and 2023, annual UK exports of goods to the EU were 17% lower than they would have been had Brexit never happened. Exports in most sectors have decreased since 2021, according to the report. “The UK-EU trade relationship remains crucial for both parties,” Tuesday’s report said, adding that the relationship “underpins” economic stability and growth. According to the study’s lead author, Professor Jun Du, the post-Brexit trade deal has “introduced substantial barriers” to UK-EU trade. The report is the latest piece of research to highlight the negative effects Brexit has had on the UK economy.

Persons: London CNN — Brexit, —, Keir Starmer, ”, Jun Du, ” Du, Brexit, Sophie Hale, “, Olesya Dmitracova Organizations: London CNN, European Union, Aston University, Labour, EU, “ Locations: United Kingdom, England, EU, “

☆ Gold prices at all-time highs as traders eye deeper U.S. rate cut
▼ + stars: | 2024-09-16 | by ( ) www.cnbc.com time to read: +2 min

Gold prices climbed to a two-week high on Thursday as U.S. Federal Reserve Chair Jerome Powell opened the door to cutting interest rates as early as September. Gold prices surged to record highs on Monday, driven by a softer dollar and expectations of a larger interest rate reduction by the U.S. Federal Reserve this week. Spot gold was up 0.5% at $2,588.29 per ounce, as of 0551 GMT, after hitting an all-time high of $2,589.23 earlier in the session. This would be Fed's first rate cut since 2020. Zero-yield bullion tends to be a preferred investment amid lower interest rates and geopolitical turmoil.

Persons: Jerome Powell, Tim Waterer, Donald Trump Organizations: Federal, U.S . Federal Reserve, KCM, Bank of England, Bank of Japan, Republican, FBI Locations: China, Japan, Indonesia, Malaysia, South Korea

☆ European markets set to open higher ahead of bumper week for central banks
▼ + stars: | 2024-09-16 | by ( Karen Gilchrist | ) www.cnbc.com time to read: 1 min

A view of the Navigli in Milan, Italy on May 20, 2024. LONDON — European stocks were set to open higher Monday as investors prepared for a bumper week of interest rate decisions from the U.S Federal Reserve and the Bank of England. The FTSE 100 was seen opening 4 points higher at 8,278, Germany's DAX up 27 points at 18,713, France's CAC 7 points higher at 7,468 and Italy's FTSE MIB up 30 points at 33,583, according to IG data. The pan-European Stoxx 600 closed higher on Friday and added 1.09% for the week as positive momentum returned to the market. With a U.S. rate cut now all but guaranteed, investors are waiting to see by how much the Fed will cut rates on Wednesday, and what guidance chair Jerome Powell will give on the future path for monetary policy.

Persons: Germany's DAX, Jerome Powell Organizations: LONDON, U.S Federal Reserve, Bank of England, CAC Locations: Milan, Italy

☆ India can achieve sustainable growth of up to 8% in the coming years, central bank chief says
▼ + stars: | 2024-09-16 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +3 min

Punit Paranjpe | Afp | Getty ImagesIndia can achieve sustainable economic growth of up to 8% over the medium term, according to the country's central bank governor. The figures have ratcheted up pressure on the central bank to launch its own rate-cutting cycle sooner rather than later. Shaktikanta Das, governor of the Reserve Bank of India (RBI), speaks during the Global Fintech Fest 2024 in Mumbai, India, on August 28, 2024. Nurphoto | Nurphoto | Getty ImagesIt comes as major central banks have started to ease monetary policy in recent months, including the European Central Bank, the Bank of England and the Swiss National Bank. Women (silhouetted) walk past Reserve Bank of India (RBI) logo displayed at Global Fintech Fest exhibition in Mumbai.

Persons: Punit Paranjpe, CNBC's Tanvir Gill, Shaktikanta Das, Das, Goldman Sachs Organizations: Afp, Getty, Reserve Bank of India, International Monetary Fund, Nurphoto, European Central Bank, Bank of England, Swiss National Bank, The U.S . Federal Reserve, ECB, Bank of India, Global Locations: Mumbai, India, Japan, Germany, U.S, China

☆ Currencies listless as markets waffle over Fed rate cut
▼ + stars: | 2024-09-16 | by ( ) www.cnbc.com time to read: +4 min

A quarter-point reduction by the Fed as it kicks off its rate cuts is still seen as the slightly more likely outcome, but only marginally so. Futures price a total of 125 basis points in rate cuts in 2024. Investors are also looking to the Bank of Japan's interest rate decision on Friday, when it is expected to keep its short-term policy rate target steady at 0.25%. Bank of Canada Governor Tiff Macklem meanwhile opened the door to stepping up the pace of interest rate cuts, the Financial Times reported on Sunday. The BoC, after keeping its key policy rate at 5%, a more than two-decade high, for a year, has trimmed it by a quarter point three times in a row since June.

Persons: Chris Weston, Fumio Kishida, Sanae Takaichi, Christine Lagarde, Philip R, Lane, Luis de Guindos Organizations: U.S, Bank of England, Bank of Japan, Treasury, Fed, FedWatch, Bank of, Liberal Democratic Party, Sterling, European Central Bank, ECB, Bank of Canada, Financial Times, BoC Locations: Japan, Asia, China, South Korea

☆ It's a big week for central banks around the world, with a slew of rate moves on the table
▼ + stars: | 2024-09-16 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +5 min

Kevin Dietsch | Getty ImagesA flurry of major central banks will hold monetary policy meetings this week, with investors bracing for interest rate moves in either direction. The U.S. central bank is widely expected to join others around the world in starting its own rate-cutting cycle. Elsewhere, Brazil's central bank is scheduled to hold its next policy meeting across Tuesday and Wednesday. Traffic outside the Central Bank of Brazil headquarters in Brasilia, Brazil, on Monday, June 17, 2024. The central bank delivered its first interest rate cut in more than four years at the start of August.

Persons: Jerome Powell, William McChesney Martin, Kevin Dietsch, John Bilton, CNBC's, Bilton, David Volpe, Volpe, 25bps, Wilson Ferrarezi, BOE, Ruben Segura Cayuela Organizations: Federal Reserves, Washington , D.C, Federal, Traders, The Bank of England, Norway's Norges Bank, South Africa's, Bank, Bank of Japan, Morgan Asset Management, European, Bank of England, ECB, Emerald Asset Management, Banco Central, TS Lombard, Central Bank of, Bloomberg, Getty, Reuters, Bank of America Locations: Washington ,, U.S, Brazil's, Brazil, Central Bank of Brazil, Brasilia, South Africa, Norway, Japan

☆ Lamine Yamal scores twice in Barcelona win as Europe’s soccer powerhouses dominate the weekend
▼ + stars: | 2024-09-16 | by ( Ben Church | ) edition.cnn.com time to read: +4 min

Highlights included a remarkable performance from Barcelona’s wonderkid Lamine Yamal, another hat-trick from Bayern Munich striker Harry Kane and a goal for Real Madrid superstar Kylian Mbappé. Spain’s La LigaIf you hadn’t heard of Lamine Yamal before this year, then you definitely should have by now. The 17-year-old is arguably the most exciting emerging talent in world soccer and continued his brilliant form in Barcelona’s 4-1 win against Girona on Sunday. Germany’s BundesligaElsewhere in Europe, former Tottenham star Kane continued his impressive start to the new campaign with yet another hat-trick in a Bayern Munich shirt. Harry Kane scored another hat-trick for Bayern at the weekend.

Persons: Harry Kane, Kylian Mbappé, Lamine, –, Dani Olmo, Pedri, Olmo, Barça, Carlo Ancelotti’s, Ander Gillenea, Mbappé, Vinícius Jr, Kane, Jamal Musiala, Stuart Franklin, Giovanni Di Lorenzo, Khvicha, Romelu Lukaku, Alessandro Buongiorno, Antonio Conte’s, Emanuele Perrone, Erling Haaland, agonizingly, Defender Gabriel Organizations: CNN, Bayern Munich, Real Madrid, Liga, Girona, Sunday, La Liga, Real Sociedad, Getty, Madrid, Sociedad, Germany’s Bundesliga, Tottenham, Bayern, Holstein, Bundesliga, Borussia Dortmund, RB Leipzig, Reigning, Bayer Leverkusen, Cagliari, Serie A, Inter Milan, Juventus, Napoli, League In England, Manchester City, Brentford, Arsenal, North London Derby, Gunners, City Locations: Europe, Europe’s, La, Barcelona, Real Madrid, Real, AFP, Madrid, Bayern Munich, Holstein Kiel, Italy, Napoli, Manchester, Norwegian

☆ Huw Edwards: Former BBC presenter gets suspended prison sentence for having indecent images of children
▼ + stars: | 2024-09-16 | by ( Catherine Nicholls | ) edition.cnn.com time to read: +3 min

London CNN —Former BBC news presenter Huw Edwards has been sentenced to six months’ imprisonment suspended for two years by a London court for having indecent images of children, according to PA Media. Edwards, who was the BBC’s highest-paid journalist, pleaded guilty in July to having 41 indecent images of children. The adult man who sent Edwards the images is a convicted pedophile, the court heard on Monday. Edwards sent him hundreds of pounds “apparently off the back of (him) sending pornographic images,” prosecutor Ian Hope said. No more illegal images were sent after that message, the court heard, but the pair were said to continue exchanging legal pornographic images until April 2022.

Persons: Huw Edwards, Edwards, Paul Goldspring, Ian Hope, Philip Evans KC, “, Evans, Edwards “, ” Evans, BBC Edwards, Queen Elizabeth II, Lisa Nandy, CNN’s Jessie Gretener Organizations: London CNN —, BBC, PA Media, Crown, Service of, BBC’s, BBC News Locations: London, tatters, Service of England, Wales

☆ U.S. Treasury yields dip as investor focus shifts to Fed meeting
▼ + stars: | 2024-09-16 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the yield on the 10-year Treasury was less than one basis point lower at 3.6401%. U.S. Treasury yields were slightly lower on Monday as investors looked ahead to this week's Federal Reserve meeting and interest rate decision. The Federal Reserve meeting and interest rate decision are top of mind for investors this week, with the central bank's meeting kicking off Tuesday and concluding Wednesday. Markets are anticipating a rate cut from the Fed, the first since it began hiking rates in March 2022, but uncertainty about how big the reduction will be has been widespread. The central bank is also set to publish its latest economic projections on Wednesday.

Persons: Jerome Powell Organizations: Treasury, U.S, Reserve, Federal Reserve, Fed, Bank of England

☆ Scenic fall drives in the US: 6 byways for your autumn foliage fix
▼ + stars: | 2024-09-15 | by ( Forrest Brown | ) edition.cnn.com time to read: +11 min

Ozark Run Scenic Byway, MissouriMissouri travel experts say Elephant Rocks State Park is a special stop during any scenic drive on the Ozark Run Scenic Byway. Lake Champlain Byway, VermontLoad up the bicycles for your Lake Champlain Byway drive in Vermont. KRose/Courtesy Local Motion/Lake Champlain Byway CouncilLittle Vermont is a big deal in New England and beyond when it comes to scenic fall drives. It “provides beautiful views of America’s sixth-largest lake, Lake Champlain, as well as of Vermont’s Green Mountains and New York’s Adirondack Mountains,” said Dan Albrecht, chair of Lake Champlain Byway Council, in an email. Eastern Sierra Scenic Byway, CaliforniaTourists flocking to view aspens, cottonwoods and maple trees along Bishop Creek Canyon near Bishop, California, which is along the Eastern Sierra Scenic Byway.

Persons: Aaron Fuhrman, It’s, ”, Katie Blake, “ We’ve, it’ll, ” Blake, • Mark, America’s, Dan Albrecht, Albrecht, •, Peter Norbeck, Johnson, Peter, James Schwabel, Katlyn Svendsen, ” Svendsen, …, Crazy, Alex Byers, Eric Knopsnyder, Frank Lloyd Wright’s, Fallingwater, George Rose, Caroline Beteta, ” Beteta, Mount Whitney, Cindy Robinson, Mabry, Ed Mabry, bibliophiles Organizations: CNN, Missouri, Missouri Department of Conservation, Village Mercantile, • Mark Twain National Forest, Champlain Byway, New England, Leahy Center, Isle State, Mount Rushmore, Travel, Lakota, Laurel, GO, Pennsylvania Department of Conservation, Resources, GO Laurel Highlands, UNESCO, Pennsylvania, CNN Travel, Scenic, California Tourists, Eastern, Sierra, Visit, Historic Park, AAA, Music, Mount Mitchell Locations: United States, Ozark, Missouri Missouri, Rocks, •, Caledonia, • Mark Twain, Terre, Knob, Champlain Byway, Vermont, Burlington, Lake Champlain, New York, Champlain, Little, New England, Green, New, Middlebury, Vergennes, England, Isle, Button, South Dakota, Travel South Dakota, • Custer, Sylvan, Laurel, Pennsylvania, Ohiopyle , Pennsylvania, GO Laurel Highlands, Laurel Highlands, Ligonier, California, Bishop, Bishop , California, Visit California, Topaz, Little Lake, Death, you’re, “, North America, • Bodie, Eastern, Pine, North Carolina, Virginia, Mississippi, Asheville

☆ Trump says 'I hate Taylor Swift' after pop star endorses Kamala Harris
▼ + stars: | 2024-09-15 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

Taylor Swift performs onstage during "Taylor Swift | The Eras Tour" at Wembley Stadium on August 16, 2024 in London, England. Former president Donald Trump lashed out at pop star Taylor Swift on Sunday, less than a week after the musician endorsed Vice President Kamala Harris. "I hate Taylor Swift!," Trump posted in all caps on Truth Social, the website owned by the Trump Media & Technology Group . She also signed the caption as "childless cat lady," a reference to remarks about Democratic women made by Republican vice presidential nominee JD Vance. Trump had previously shared fake artificial intelligence-generated images on social media that showed Swift and her fans supporting him.

Persons: Taylor Swift, Donald Trump, Kamala Harris, Trump, Swift, Harris, JD Vance Organizations: Wembley, Trump Media & Technology, Democratic, Republican Locations: London, England, Vote.gov

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