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Roberto Schmidt | Getty ImagesUkraine succeeding against Russia in the war has become a question of U.S. credibility, Radoslaw Sikorski, Poland's foreign minister, told CNBC. "The success of Ukraine is now a matter of U.S. credibility. Many GOP politicians have called for the aid to be tied to funding for national security efforts at the U.S. southern border and discussions about the Senate-approved aid package to be reformed into a loan package have emerged. Messaging from Trump has however been mixed, as he has also said he would do more than President Joe Biden's administration has done to support Ukraine. His rhetoric has raised questions and concerns about what U.S. support for Ukraine would look like, and if it could even cease if he were reelected.
Persons: Roberto Schmidt, Radoslaw Sikorski, CNBC's Steve Sedgwick, Republican Sen, Lindsey Graham of, Volodymyr Zelenskyy, Zelensky, Trump's, Donald Trump, Trump, Vladimir Putin, Joe Biden's, Dmytro Kuleba, Antony Blinken, Kuleba Organizations: U.S . Capitol, Getty, Russia, CNBC, U.S . House, Representatives, U.S . Senate, Republican, GOP, Ukraine, Messaging, Trump, U.S Locations: Ukraine, Ukrainian, Israel, Washington , DC, U.S, Lindsey Graham of South Carolina, United States, Russia
Treasury yields dip as Fed meeting is due to kick off
  + stars: | 2024-03-19 | by ( Sophie Kiderlin | In | ) www.cnbc.com   time to read: +1 min
ET, the yield on the 10-year Treasury yield was down by over one basis point to 4.3243%. The 2-year Treasury yield was last at 4.7256% after dipping by around one basis point. U.S. Treasury yields were slightly lower on Tuesday ahead of the Federal Reserve's meeting, which investors are hoping will provide fresh insights into policymakers' expectations for the economy. Markets are widely expecting the Fed to keep interest rates unchanged, but uncertainty remains about the path ahead for them. Elsewhere, the Bank of Japan on Tuesday hiked interest rates for the first time in 17 years and ended its yield curve control policy in a historic move.
Organizations: Treasury, Federal, Traders, Bank of Japan
One key concern is that Ukraine may need on-the-ground help from German soldiers to work the Taurus missiles — a red line for Scholz. Since last November, the CDU has repeatedly tabled votes on sending Taurus missiles to Ukraine in Germany's parliament and failed. Annalena Baerbock, Green party foreign secretary, meanwhile, discussed Taurus missiles with U.K. foreign minister David Cameron. Separately, a high-profile Green party MP joined forces with a prominent CDU politician to pen an op-ed advocating for the delivery of Taurus missiles. "Unfortunately the Taurus debate keeps sucking up all the oxygen in the room, repeating itself over and over again.
Persons: Olaf Scholz, Macron, Tusk, Christoph Soeder, Scholz, Chancellor Scholz, Frank Sauer, Annalena, David Cameron, Ulrike Franke, MBDA, Matthias Balk, Sauer, Franke Organizations: Polish, Federal, Getty, Taurus, Bundeswehr, Russia, Christian Democrats, Free Democrats, Greens —, Scholz's Social Democrats, CDU, Greens, Social Democrats, University of, Metis Institute for Strategy, Foresight, CNBC, European Council, Foreign Relations Locations: Ukraine, Germany, Russia, Germany's, Taurus, Bundeswehr Munich, Green, Swedish, Berlin
When it comes to travel, she also values environmentally and socially responsible companies, which led her to choose Intrepid Travel, a certified B Corp company, for a tour in Morocco in 2019. The sheer number of sustainability certifications for the travel and tourism industry is almost overwhelming and certainly confusing. Certified B Corp enterprises must meet standards set by B Lab, a Pennsylvania-based nonprofit founded in 2006 that awards for-profit companies with certifications for social and environmental performance, transparency and accountability. Globally, there are only 62 certified B Corps in the travel industry and 76 in accommodation and hospitality. “When you see the B Corp logo, I know it’s been at least semi-vetted,” Ms. Dohoney, 64, said.
Persons: Tanya Dohoney, Ms, Dohoney, Organizations: Intrepid, B Corp, B Lab, Corps Locations: Texas, Paris, Morocco, Pennsylvania, Patagonia
MrBeast said it's not smart to drop out of school or quit a job to create content full-time. AdvertisementMrBeast doesn't think just anyone has what it takes to be a content creator. AdvertisementSophie Bishop, an associate professor at the media and communications school at Britain's University of Leeds, told BI that content creators must also contend with having no employment benefits like holiday pay or maternity leave. For example, while it's a perfectly good strategy to be influenced by Donaldson, there will never be another creator who is the same as MrBeast. AdvertisementInstead, she tells people what not to do and seeks to be honest about "the things we think are tacky, overpriced, and boring."
Persons: MrBeast, he's, , Jimmy Donaldson, Donaldson, He's, Katya Varbanova, Varbanova, it's, isn't, Burger, Sophie Bishop, Bishop, Jessica Dante, Dante Organizations: Service, YouTube, Britain's University of Leeds, Love Locations: London
The 2-year Treasury yield was last less than 1 basis point lower at 4.715%. U.S. Treasury yields were little changed on Monday as investors looked ahead to the Federal Reserve's March meeting, which could provide clues about the outlook for interest rates. The Fed is due to meet on Tuesday and Wednesday and will announce its latest interest rate decision and monetary policy guidance at the end of its meeting. Markets are widely expecting the central bank to leave interest rates unchanged. Fed policymakers have previously said that their decision-making regarding interest rates would be data-dependent and that they were still looking for more evidence that inflation is easing.
Organizations: Treasury, U.S, Federal, Traders, Bank of England
CNN —German authorities have been tracking down the former members of the Red Army Faction (RAF), a now-defunct Cold War-era militant group, who have been on the run for nearly 30 years. The RAF, he said, emerged in what was then West Berlin, at the “crossroads” of the Cold War. The first, and most prominent period from 1970-1977, saw the group murder public officials and US soldiers and take many hostages. In April 1975, six RAF members seized the West German Embassy in Stockholm in a hostage standoff with the goal of forcing the release of imprisoned RAF members. The Red Army Faction claimed responsibility for the assassination, but the perpetrators were never brought to justice.
Persons: Baader, , Jürgen Ponto, Siegfried Buback, Daniela Klette, Burkhard Garweg, Ernst, Volker Staub, Klette, Claudia Ivone, Garweg, Staub, pouncing, , Ivone, Wolfgang Kraushaar, Kraushaar, Axel, Andreas Baader, Ukrike Meinhof, Meinhof, ” Kraushaar, Helmut Schmidt, Franz Josef Strauss, Axel Springer, Springer, Alfred Herrhausen, Willy Brandt Organizations: CNN, Red Army Faction, RAF, East, Stasi, Dresdner Bank, Germany’s Public, Office, Police, ARD, ” Reuters, Bild, Red Brigades, Nihon, Springer, Criminal Police, West German Embassy, West, Meinhof Group, Reuters, Democratic, Deutsche Bank Locations: Berlin, West Germany, Kreuzberg, Bonn, Weiterstadt, German, Italy, Japan, West Berlin, Vietnam, Lower Saxony, Stockholm, Bavarian, Cologne, GDR, Democratic Republic
Sometimes events are simply fantasy themed, without reference to specific books or fantasy worlds. Dreams shattered.”She attributes the growing demand for fantasy events to the commercial success of fantasy romance books, especially among Millennial women. The past year has also seen a spike in the popularity of “romantasy,” or romance fantasy books. “You know, work dredges on for a lot of people,” said Brittany Proctor, a Michigan-based entrepreneur who’s been hosting fantasy balls in the Midwest since 2022. In fact, Proctor is considering scaling back some of her events due to the sheer number of these fantasy balls that have been cropping up in recent years.
Persons: San Diego Comic Con, Con, Harry Potter, , Katherine Stinson, Eric Atticus, Stinson, Dana John, , she’s, Alexander Chernev, Matt Harris, Sarah J, Maas, Patti McConville, Juliette Sureau, Sureau, Sophie Valfroy, “ romantasy ”, “ They’re, ” Juliette Sureau, Shaun Wada, Ariana Smoak Holly Simone, Tok, Simone, Shawn Strider, ” Stinson, Brittany Proctor, who’s, ” Maja Djikic, you’re, ” Djikic, Proctor, “ I’ve, I’m Organizations: New, New York CNN, Social, Allied, Research, Disney, Universal, San Diego Comic, TikTok, CNN, Stinson, Northwestern’s Kellogg School of Management, Barnes, Noble Booksellers, Times, Google, , University of Toronto Locations: New York, Canada, Houston, Houston , Texas, Texas, New York City, USA, TikTok, Columbia , South Carolina, London, Los Angeles, Michigan, , Bahamas
But in his interview with CNN’s Dana Bash on “State of the Union,” Netanyahu hit back. It’s inappropriate to go to a sister democracy and try to replace the elected leadership there,” Netanyahu told CNN. Instead, efforts should be focused on “bringing down the Hamas tyranny,” Netanyahu said. The comments come after Netanyahu confirmed his plans to press on with an operation, despite mounting international concern. This will take several weeks, and it will happen,” Netanyahu said at the beginning of a government meeting.
Persons: Benjamin Netanyahu, Chuck Schumer, Schumer —, Israel —, Netanyahu, CNN’s Dana, ” Netanyahu, , , Joe Biden, David Barnea, CNN’s Jeremy Diamond, Abeer Salman Organizations: CNN, Israeli, Union, Hamas, Democratic, Israel, CNN Israel, Reuters Locations: Israel, “ State, Gaza, Doha, Rafah
Hong Kong CNN —A Hong Kong court on Saturday sentenced 12 people to between 54 and 82 months in prison over the storming of the city’s legislature council building during a pro-democracy protest in 2019, the city’s public broadcaster RTHK said. RTHK said the defendants were convicted of rioting on July 1, 2019, when a large group of protesters smashed through glass doors and stormed Hong Kong’s legislative council building after weeks of mass demonstrations. Deputy District Court judge Li Chi-ho said the storming of the building represented a challenge to the Hong Kong government and had long-lasting effects on the city, according to RTHK. Two reporters who were previously acquitted of rioting were fined 1,500 Hong Kong dollars ($192) and 1,000 Hong Kong dollars ($128) for entering the legislature, according to RTHK. This is a developing story and will be updated.
Persons: Li Chi, Gregory Wong, Ventus Lau, Owen Chow Organizations: Hong Kong CNN, RTHK, Hong Locations: Hong Kong, Hong
CNN —Large numbers of Ukrainian soldiers have been killed in a single airstrike, a Russian general has claimed. The deputy chief of the General Staff of the Russian Armed Forces told Russian Defense Minister Sergei Shoigu during a meeting that up to 300 soldiers were killed “as a result of an accurate strike by an aerial munition,” Russia’s Defense Ministry said on Saturday. CNN cannot independently verify the numbers and there has been no immediate comment from Ukraine. Kim also told Shoigu during the meeting that Ukraine is “suffering significant losses in both equipment and manpower as a result of the use of high-precision weapons and strike drones,” the ministry said. This is a developing story and will be updated.
Persons: Sergei Shoigu, , Alexei Kim, Shoigu, Kim Organizations: CNN, Staff, Russian Armed Forces, Russian Defense, Russia’s Defense, Ukrainian Defense Intelligence, Joint Group of Forces Locations: Russian, Ukraine
CNN —Russia says it killed large numbers of Ukrainian soldiers with a destructive so-called “vacuum bomb” in a claim Ukraine swiftly called nonsense. The deputy chief of the General Staff of the Russian Armed Forces told Russian Defense Minister Sergei Shoigu during a meeting that up to 300 soldiers were killed “as a result of an accurate strike by an aerial munition,” Russia’s Defense Ministry said on Saturday. The spokesperson of the Defense Intelligence of Ukraine, Andriy Yusov, told CNN the claims were “absolute nonsense and propaganda as well as Russian information about killing 1500 Ukrainian soldiers in Kursk and Belgorod regions yesterday”. The spokesperson of the Defense Intelligence of Ukraine, Andriy Yusov, told CNN the claims were “absolute nonsense and propaganda.”CNN cannot independently verify the incident. Volumetric weapons are also known as vacuum bombs, thermobaric weapons or fuel-air explosives.
Persons: Sergei Shoigu, , Andriy Yusov, Alexei Kim, Kim, Shoigu Organizations: CNN, Staff, Russian Armed Forces, Russian Defense, Russia’s Defense, Defense Intelligence, Ukrainian Defense Intelligence, RIA Novosti, Lieber Institute for Law & Warfare, US Military Academy, West, Center for Arms Control, Russian, Joint Group of Forces Locations: Russia, Ukraine, Kursk, Belgorod, West Point , New York
The utilities sector is living in the shadows of mega-cap tech, but a power player name is emerging — and it's toting year-to-date gains of more than 40%. Constellation Energy , headquartered in Baltimore, is the top winner in the utilities sector in 2024, with NRG Energy in a distant second place with a 22.7% advance. Indeed, the utilities sector and real estate are the two laggards of the S & P 500 , down about 1% and 3.5% in 2024, respectively. CEG XLU 1Y line Constellation Energy versus the Utilities Select Sector SPDR Fund over the past year Constellation, which currently has a dividend yield of 0.8%, isn't your father's utility. So-called 24/7 carbon-free power involves purchasing electricity generation from the same region where a corporate client will use it.
Persons: it's, CEG, James Thalacker, It's, Daniel Eggers, Sophie Karp, BMO's, Joseph Dominguez, Steve Fleishman, Ross Fowler Organizations: Constellation Energy, NRG Energy, Utilities, SPDR Fund, BMO Capital, Atlantic City Electric, Baltimore Gas and Electric, Delmarva Power, Constellation, Microsoft, Wolfe Research, Republican, UBS Locations: Baltimore, Virginia
LONDON (AP) — British cellphone company Vodafone confirmed Friday that it is selling its Italian business to Switzerland’s Swisscom for 8 billion euros ($8.7 billion) and will hand back half of the proceeds to its shareholders through the buyback of company shares. Swisscom, a telecoms operator, will pay in cash that it will finance through new debt. "Fastweb and Vodafone Italia are an ideal fit to create high added value for all stakeholders." Swisscom will pay annual initial charges of 350 million euros, which is expected to decrease over time. ”Its refreshed strategy also has seen it seek to merge its U.K. business with Three U.K. to create Britain’s biggest mobile phone network worth around 15 billion pounds ($19 billion).
Persons: Swisscom, Christoph Aeschlimann, Margherita Della Valle, , , Sophie Lund, Yates, stockbrokers Hargreaves Lansdown Organizations: Vodafone, Fastweb, Vodafone Italia Locations: British, Italy, Hungary, Ghana, London, Zurich
The 2-year Treasury yield was last less than one basis point higher to 4.6936%. U.S. Treasury yields were little changed on Friday as investors considered the outlook for interest rates after inflation data released Thursday came in higher than expected. Investors assessed the path ahead for monetary policy after Thursday's inflation data came in hotter than expected, raising uncertainty about when interest rate cuts may begin. The core PPI, which excludes food and energy prices, came in at 0.3%. Investors are, however, hoping for hints about the timeline for interest rate cuts, which Fed officials have so far given little indication about.
Persons: Dow Jones Organizations: Treasury, U.S, Investors, PPI, Federal
Yields and prices move in opposite directions and one basis point equals 0.01%. ET, the yield on the 10-year Treasury was up by less than one basis point to 4.1977%. The 2-year Treasury yield was last at 4.6302% also less than a basis point higher. U.S. Treasury yields were slightly higher on Thursday as investors looked to additional inflation data that could inform Federal Reserve monetary policy decisions. Investors are looking ahead to the second set of key inflation this week, the producer price index for February.
Persons: Dow Jones Organizations: Treasury, PPI, Federal
Shopper carrying two large shopping bags from the clothing retailer Zara on Oxford Street on 5th February 2024 in London, United Kingdom. Oxford Street is a major retail centre in the West End of the capital and is Europes busiest shopping street with around half a million daily visitors to its approximately 300 shops, the majority of which are fashion and high street clothing stores. Sales increased by 10.4% to 35.9 billion euros for the year, the company said, signaling this was a record high. Net income also reached a fresh high, after soaring by 30.3% from 2022 to reach 5.4 billion euros last year. Zara, including the Zara Home range, was the biggest contributor to sales in 2023, followed by Pull & Bear and Massimo Dutti, Inditex said on Wednesday.
Persons: Zara, Mike Kemp, Inditex, Oscar García Maceiras, Bershka, Massimo Dutti Organizations: United Kingdom ., Getty, Las Locations: London, United Kingdom, Zara, Los Angeles, Las Vegas, Spanish
ET, the yield on the 10-year Treasury was less than one basis point higher to 4.1586%. The 2-year Treasury yield was last at 4.6050% after also rising by less than one basis point. U.S. Treasury yields were little changed on Wednesday as investors considered the latest inflation data and weighed the state of the economy. The so-called core CPI, which excludes volatile food and energy prices, was 0.4% higher than in January and up 3.8% from a year earlier, which was also slightly higher than anticipated. Two Fed meetings are scheduled before then, including one next week from which investors are hoping to gain fresh insights into the outlook for interest rates.
Persons: Dow Jones, Jerome Powell Organizations: Treasury, Federal, Traders
Odd Andersen | Afp | Getty ImagesElon Musk on Wednesday visited the Tesla Gigafactory near Berlin, which was forced to halt production last week after losing power during a suspected arson attack. Tesla workers stand outside they wait for arrival of Tesla head Elon Musk outside the Tesla Gigafactory on March 13, 2024 near Gruenheide, Germany. Maja Hitij | Getty Images News | Getty ImagesElon Musk, chief executive officer of Tesla Inc., arrives at the Tesla plant in Gruenheide, Germany, on Wednesday, March 13, 2024. Last week, the Gigafactory was left without power and had to temporarily stop production after a suspected arson on an electric substation close by. A banner with the words "Elon" and "Eloff" hangs in the camp of the "Stop Tesla" initiative in a pine forest near Fangschleuse near the Tesla Gigafactory Berlin-Brandenburg plant.
Persons: Elon Musk, Odd Andersen, Musk, Tesla, Maja Hitij, Krisztian Bocsi, Elon, Sebastian Gollnow Organizations: Afp, Getty, Tesla Inc, Bloomberg, CNBC Locations: Gruenheide, Berlin, Brandenburg, Germany, Fangschleuse
Lego said its 2023 revenue was 2% higher compared to the previous year, growing to 65.9 billion Danish krone (around $9.65 billion). "It was a difficult year," Lego CEO Niels Christiansen told CNBC. The Danish toymaker said operating profit declined slightly from 17.9 billion Danish krone to 17.1 billion, noting that it had boosted spending on strategic initiatives designed to drive growth. Net profit came in at 13.1 billion Danish krone in 2023, compared to 13.8 billion the previous year. Toy company Hasbro earlier this month said its 2023 revenue fell by 15% compared to 2022 and that it expected to see a further decline this year.
Persons: Lego, Niels Christiansen, toymaker Organizations: CNBC, Toy, Hasbro Locations: China, U.S, Europe
Treasury yields dip ahead of consumer inflation data
  + stars: | 2024-03-12 | by ( Sophie Kiderlin | In | ) www.cnbc.com   time to read: +1 min
ET, the yield on the 10-year Treasury was down by over one basis point to 4.0924%. U.S. Treasury yields were slightly lower on Tuesday as investors awaited key inflation data in form of the consumer price index for February. Investors looked ahead to key inflation data due this week. This includes the consumer price index for February due Tuesday, as well as the producer price index for the month later in the week. They are also some of the last key data points before the Fed's March meeting, at which investors are widely expecting rates to be left unchanged.
Persons: January's, Jerome Powell Organizations: Treasury, U.S, Dow, January's CPI, Federal Reserve Locations: Dow Jones
ET, the yield on the 10-year Treasury was down by over one basis points to 4.0711%. The 2-year Treasury yield was little changed and was last up by less than one basis point to 4.4879%. U.S. Treasury yields were mixed on Monday as investors weighed the state of the economy and looked ahead to key data slated for the week. Investors considered the state of the economy following Friday's release of jobs data for February. Investors widely took the data as a sign that interest rate cuts from the Federal Reserve are on the table for this year.
Persons: Nonfarm, Dow Jones, Jerome Powell Organizations: Treasury, U.S, Investors, Federal, CPI, PPI Locations: U.S
The Democratic Alliance coalition won 29.5% of the 98.98% of votes counted early Monday, with the incumbent Socialist Party on 28.7%. The results are not final – but Socialist Party leader Pedro Nuno Santos has already conceded. Chega won 18%, a breakthrough for the radical right party and its leader, André Ventura, a former trainee priest and football pundit. For decades the Socialist Party and center-right Social Democratic Party – the main party in the Democratic Alliance – have taken turns in power. Andre Ventura, the leader of Chega party, speaks to journalists after voting in Lisbon on March 10, 2024.
Persons: Chega, Pedro Nuno Santos, André Ventura, Luis Montenegro, Democratic Alliance –, Antonio Costa, Andre Ventura, Nuno Cruz, Nuno Santos, ” Santos, Ventura’s Chega, , , Ventura Organizations: CNN, Democratic Alliance, Socialist Party, Social Democratic Party –, Social Democratic Party, PSD Locations: Portugal’s, Portugal, Lisbon, Chega, Europe, Greece, Croatia, Western Europe, Costa, Montenegro
Microsoft on Friday said that Russian group Nobelium, which the company refers to as Midnight Blizzard, has been trying to access its internal systems and source code repositories. "In recent weeks, we have seen evidence that Midnight Blizzard is using information initially exfiltrated from our corporate email systems to gain, or attempt to gain, unauthorized access. This has included access to some of the company's source code repositories and internal systems," Microsoft said in a blog post. Microsoft said Midnight Blizzard was trying to access secrets, including those shared between Microsoft and its customers, but that it was reaching out and helping affected customers. Microsoft first said in January that it had detected a cyberattack from Nobelium, which saw the Russian group hack emails from top executives.
Persons: Blizzard, — Sophie Kiderlin Organizations: Microsoft, Midnight Locations: Nobelium, Russian
Jackie Branholm and her husband moved from Brooklyn to Colorado and bought a mountain house. AdvertisementWe fell in love with the idea of mountain living. Our experience in Colorado shifted after moving to the mountainsAfter moving into our home in May 2021, our experience in Colorado shifted. We no longer had easy access to our Denver friends, bars, and coffee shops. After 4 years in Colorado and 2 years of isolated mountain living, we returned to New YorkFour years after moving to Colorado, we returned to my home state of New York to be closer to family.
Persons: Jackie Branholm, , we'd Organizations: Service, New York Locations: Brooklyn, Colorado, Evergreen , Colorado, Coast, Denver, Lower Highlands, Evergreen, East Coast, New, New York
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