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It also means lots of talk from the experts about "normalizing the yield curve" in the bond market — meaning getting back to a setup where bonds with longer maturities yield higher rates than those with shorter-term maturities. That's referred to as "yield curve inversion," which has historically signaled an upcoming recession. Currently, however, the yield curve looks more like a check mark than a gradually rising hill. An inverted Treasury yield curve messes with that dynamic. Everyone, from private citizens to multinational corporations benefits from a normalized yield curve because normal means less uncertainty, which means more predictability.
Persons: Jerome Powell, shouldn't, Stanley Black, Decker, Jim Cramer's, Jim Cramer, Jim, William McChesney Martin Jr, Anna Moneymaker Organizations: Federal Reserve, Fed, Treasury, CNBC, Federal, Getty Locations: U.S, Washington , DC
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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBank margins should 'open up' as Fed begins rate cuts, says RBC's Gerard CassidyGerard Cassidy, RBC Capital Markets managing director, joins 'Squawk on the Street' to discuss the impact of rate cuts on banks, what will happen with loan demand, and more.
Persons: RBC's Gerard Cassidy Gerard Cassidy Organizations: RBC Capital Markets
CNN —The Chelsea and England national team goalkeeper Hannah Hampton was just 11 years old when the diagnosis was made. Yet somehow, Hampton is now one of the best ‘keepers in the world, and she can’t quite explain how she conquered such seemingly impossible odds. Everyone was just laughing at me because, obviously, they know!”Hampton makes a save during the League Cup final between Arsenal and Chelsea. She gives a lot of energy to the group.”Hayes has since moved on from Chelsea, quickly winning an Olympic gold medal with the US women’s team in Paris. “Chelsea without Emma feels a bit weird and sounds weird saying it,” Hampton reflected.
Persons: Hannah Hampton, Hampton, , , “ They’re, Hampton chuckled, Adrian Dennis, Santi Cazorla, Marcos Senna, I’d, didn’t, ” Hampton, Jayde Chamberlain, Sipa, it’s, ” Hampton’s, she’d, “ Hannah, Emma Hayes, “ She’s, She’s, ” Hayes, Sonia Bompastor, “ Chelsea, Emma, Sonia, David Lidstrom, don’t, we’ve Organizations: CNN, England national, CNN Sport, Birmingham Children’s Hospital, Chelsea, League, Arsenal, Getty, Villarreal, Villarreal Youth, Stoke City Centre of Excellence, Ireland, AP, England, Stoke City, Birmingham City, Aston Villa, Blues, US Locations: Chelsea, Birmingham, United States, AFP, England, Spain, Stoke, Paris, Lyon, France, Sweden, Hampton, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLong-term interest rates could rise despite the Fed's cut, says Greenwich Wealth's Vahan JanjigianVahan Janjigian, Chief Investment Officer at Greenwich Wealth Management, and Margaret Patel, Senior Portfolio Manager for multi-asset solutions at Allspring Global Investments, join 'The Exchange' to discuss slowdown strategies for stocks, the future of interest rates, and more.
Persons: Janjigian, Margaret Patel Organizations: Greenwich Wealth Management, Allspring Global Investments Locations: Greenwich
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGeneral Electric will solve Vineyard Wind turbine blade malfunctions, Iberdrola chairman saysIgnacio Galán, executive chairman at Iberdrola, discusses what the company and its vendor are doing to recover debris following damage to one of its wind turbines at its Vineyard Wind site in Massachusetts.
Persons: Ignacio Galán Locations: Massachusetts
One global stock stands out as a "unique play" in the Nvidia and artificial intelligence supply chain, according to Jefferies. It's German semiconductor firm SUSS MicroTec , Jefferies said in a Sept. 17 report, calling it a "hidden gem" among European semiconductor firms. The investment bank initiated coverage of the stock at a buy rating and a target price of 76 euros ($84). The firm has "multi-layered exposure" to an advanced packaging technology called Chip-on-Wafer-on-Substrate, said Jefferies, explaining that it's used to make AI chips. SUSS sells its products to two major high bandwidth memory suppliers and TSMC, to be used in the production of that advanced packaging.
Persons: Jefferies, MicroTec, it's, SUSS, — CNBC's Michael Bloom Organizations: Nvidia, U.S, Jefferies, NVIDIA Locations: TSMC
Polish American voters are having a moment. “The Polish American vote there is meaningful,” Jackson said. “A question I frequently get is whether there is even such a thing as a Polish American vote. The efforts by Harris and Trump show “the candidates are clearly making a play for the Polish American vote,” said Dominik Stecula, an assistant professor of communications at Ohio State University. Many Polish Americans do not speak Polish and have never been to Poland, and they long ago moved to the suburbs from the tightly packed Polish neighborhoods that once predominated.
Persons: Kamala Harris, Donald Trump, ” Harris, Trump, Harris, Tom Malinowski, Maureen Pikarski, Joe Biden's, Malinowski, Andrzej Duda, Duda, David James Jackson, , ” Jackson, , Dominik Stecula, ” Malinowski, Stecula, ” Stecula, Vladimir Putin, Putin, Jackson, it’s Organizations: Polish, New, Harris Facebook, Biden, National, of, Solidarity, Bowling Green State University, Trump, Ohio State University, Democratic, Piast Institute, Survey Locations: Pennsylvania, New Jersey, Chicago, Polish, Poland, Ukraine, Krakow, Czestochowa, Philadelphia, Soviet Union, Ohio, Polish American, Pennsylvania , Michigan, Wisconsin, Michigan, Stecula, U.S, Luzerne County, Wilkes, Barre
ISER Caribe executive director Stacey Williams dives underwater to clip lines of astroturf-like material where baby sea urchins are growing. The group is working to restore 5 acres of coral reef in Puerto Rico by planting fragments across six reefs and returning long-spined sea urchins to the ecosystem. Then, once the urchins reach young adult size, the researchers place them in a coral reef in need of extra support. Manzello said scientists used to think coral had a longer runway — perhaps until 2040 or 2050 — before conditions became so grim. A look at the underwater lab where ISER Caribe nurtures baby sea urchins.
Persons: Derek Manzello, ” Manzello, , That’s, they’d, Stacey Williams, Jackie Montalvo, Maura Barrett, , , ” Williams, Juan Torres, Andrew Baker, ” Baker, Manzello, “ You’re, We’ve, haven’t, Evan Bush Organizations: Oceanic, Reef Watch, NOAA, Atlantic, ISER Caribe, NBC, Preserve ., Institute for, Ecological Research, ISER, NASA, Caribe, University of Miami, Rosenstiel, of Marine, Science Locations: Florida, Atlantic, Brazil, Puerto Rico, ISER Caribe, Puerto Rican, La Parguera, Honduras, Caribbean, Seattle, La
Los Angeles Dodgers designated hitter Shohei Ohtani hit his 50th home run and stole his 50th base of the season Thursday, becoming the first MLB player to reach both benchmarks in the same season. Ohtani entered Thursday’s game against the Miami Marlins with 48 home runs and 49 stolen bases. He stole two bases to reach 51 and knocked out three homers — one in the sixth inning, another in the seventh and a final in the ninth — to reach 51. Ohtani finished the game 6-for-6 with three home runs and 10 RBIs. Entering Thursday, Ohtani ranked sixth in Wins Above Replacement, one of only six players with WARs above 7.0Ohtani signed a 10-year, $700 million contract with Los Angeles before this season.
Persons: Shohei Ohtani, Ohtani, Tommy John, Organizations: Los Angeles Dodgers, MLB, Miami Marlins, Los, Dodgers, NL West Locations: Los Angeles
ANN ARBOR, Mich. — Battleground state election officials from both parties are pushing back against a falsehood that has proven pervasive ahead of the 2024 reaction: that noncitizens are voting in widespread numbers. The comments came as former President Donald Trump and his GOP allies have talked up efforts to crack down on noncitizens voting, which is already illegal. Maricopa County has sued seeking clarity on whether those voters can vote in state and local elections this fall. Republicans at the national and state level have fueled unfounded noncitizen voting claims in the run-up to this year's presidential election. Election officials said Thursday they were taking steps to debunk conspiracy theories ahead of the 2024 election.
Persons: Donald Trump, , , Al Schmidt, Schmidt, they’re, Jocelyn Benson, Benson, ” Benson, , Bob Bauer, Ben Ginsberg, Brad Raffensperger, ” Raffensperger, we’re, Mike Johnson, Ken Paxton, they're, it's, Karen Brinson Bell, It's, Stephen Richer, Katie Hobbs, Richer, Kim Pytleski Organizations: GOP, Department of Transportation, The, Republican, Republicans, Texas, Arizona Gov Locations: Mich, , Pennsylvania, Philadelphia, Michigan, American, Arizona, Maricopa County, Georgia, Oconto County , Wisconsin
A district judge in Kentucky was fatally shot in his chambers Thursday afternoon, Gov. "Sadly, I have been informed that a district judge in Letcher County was shot and killed in his chambers this afternoon," the governor wrote on X. Letcher County coroner Perry Fowler told NBC News that Judge Kevin Mullins, 54, was shot and killed. The Letcher County courthouse is in Whitesburg, about 200 miles southeast of Louisville. "Following the deadly shooting in Letcher County, our Office will collaborate with Commonwealth’s Attorney for the 27th Judicial Circuit Jackie Steele as special prosecutors in this case.
Persons: Andy Beshear, Beshear, Perry Fowler, Kevin Mullins, Matt Gayheart, Kevin R, Mullins, Russell Coleman, Jackie Steele, Coleman Organizations: NBC News, Louisville . Kentucky State Police, Judicial, Central High School, Kentucky, Justice, Commonwealth’s Locations: Kentucky, Letcher County, Letcher, Whitesburg, Louisville .
Among Black voters over 50, 89% said they back Harris, but for those under 50, that figure drops to 75%. Jim Pillen and about two dozen Republican legislators on behalf of the Trump campaign as part of an effort to change how Nebraska allocates its Electoral College votes. Jim Pillen and about two dozen Republican legislators on behalf of the Trump campaign as part of an effort to change how Nebraska allocates its Electoral College votes. Read more → 💻 Hacking fallout: Iranian hackers sent material they stole from Trump’s campaign to people associated with Biden’s campaign, according to the FBI. Read more →Iranian hackers sent material they stole from Trump’s campaign to people associated with Biden’s campaign, according to the FBI.
Persons: Jonathan Allen, Donald Trump, Kamala Harris, Mark Robinson, he’s, Trump, ransoming, Caroline Bruckner, ” Bruckner, Harris, She’s, , , Charlie Dent, Read, Adam Edelman, Alexandra Marquez Mark Robinson, Robinson, Josh Stein, Kamala Harris ’, Stephanie Perry, Curtis Bunn, undecideds, Joe, Lin, Jim, teri, Ira Organizations: NBC, White House, Capitol, CNN, Trump, Social, Republican, NAZI, Democratic, Black, Howard University Initiative, Public, Biden Locations: Carolina, Washington, N.C, North Carolina, Black, Arizona , Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, bou
Iran is helping the Houthi rebels in Yemen target U.S. Reaper drones, which has enabled the Houthis to shoot down or damage several of the massive, unmanned aircraft, say two U.S. officials. The interference severely inhibits the U.S. ability to gather intelligence and increases the chance that the drones could drift into unfriendly airspace. The U.S. military has struggled to stop some Houthi air defense systems because rather than radars, the Houthis often use electro-optical systems to find targets. Iran sent a spy ship to the waters near Yemen to help the Houthis target ships in the Red Sea. It appears the U.S. plan to interdict shipments of Iranian weapons and destroy stockpiles of weapons and drones has failed to roll back Houthi attacks on cargo ships, Knights said.
Persons: Michael Knights, , Knights, Organizations: U.S, Pentagon, NBC, Defense Intelligence Agency, White House National Security Council, Washington Institute for Near, Policy, NBC News, ” Knights, U.S . Navy, Locations: Iran, Yemen, Tehran, Israel, U.S, Eastern Europe, Syria, Red
According to textile and cleaning experts we spoke with, taking care of leather goes beyond simply wiping it down occasionally. To help you with your leather pieces, we got advice on how to best care for your leather and insight on what damages it and how to use a leather conditioner. | How to take care of your leather | How to use a leather conditioner | 5 highly rated leather conditioners | Why trust NBC Select? How to take care of your leatherThe good news: Taking care of leather is relatively easy. This non-toxic leather conditioner is free of harsh solvents and silicone and can be used on all leather items.
Persons: , Simon Elliott, you’ll, Elliott, Salvador Villarreal, Salvador, Bethany Heitman, TikTok Organizations: NBC, ., Clifton, Salvador Villarreal, Facebook, Twitter Locations: San Diego , California
The attorney for the woman who has accused Vince McMahon of sex trafficking said Thursday, as a Netflix documentary about the former World Wrestling Entertainment CEO is set to premiere next week, that she's hopeful he will soon be indicted. In a media call, Callis said she and Grant are "hopeful" an indictment will be imminent and are fine with the pace of the U.S. attorney's work. He will vigorously defend himself.”McMahon resigned as executive chairman of World Wrestling Entertainment's parent company after the lawsuit was filed. Grant’s lawsuit also names WWE and former WWE executive John Laurinaitis as defendants. WWE disclosed last summer that investigators served McMahon with a federal grand jury subpoena and executed a search warrant.
Persons: Vince McMahon, Ann Callis, Janel Grant, McMahon, Callis, Grant, ” McMahon, John Laurinaitis, Mr, , Kendra Barkoff Lamy Organizations: Netflix, World Wrestling Entertainment, WWE, U.S, Attorney, Southern, of, World Wrestling, NBC News Locations: Janel, of New York
Democrats’ stronger positionLet’s look first at the latest national polls. In Pennsylvania, recent surveys ranged from a tied race to a slight Harris lead inside the margin of error. The latest New York Times/Siena College poll: Harris 50%, Trump 46%, don’t know/refused 4%. And in Wisconsin, a slate of new, margin-of-error polls were slightly better for Harris than for Trump. With the poll results mostly inside the margin of error, the outcome of the 2024 race is far from clear.
Persons: they’ve, Kamala Harris, Donald Trump, Harris, Trump, Joe Biden, , Biden, Quinnipiac, don’t Organizations: Fox, Fox News, Trump, Biden, New York Times, Siena College, — Trump, Quinnipiac University, Marist, Harris, Siena, The Washington Post, Quinnipiac, Democrats Locations: Pennsylvania, Michigan , Pennsylvania, Wisconsin, Michigan, Harris, Quinnipiac
SPRINGFIELD, Ohio — The dozens of bomb threats and the onslaught of public attention that has befallen a small Ohio city since President Donald Trump and others pushed the false claim that Haitian migrants were stealing and eating pets has children living in fear, worried parents said Thursday. A U.S. flag is displayed on Sept. 16, 2024 in Springfield, Ohio. Luke Sharrett / Getty Images“I really feel bad for the Haitian children, because they’re here for an education,” Moore said. That’s not right, that my daughter has to be fearful,” Springfield parent Martin McWhorter said. “Why are you messing with my baby?”McWhorter said his daughter’s school was a target of the bomb threats and lamented that what had been a small, peaceful city now doesn’t feel safe.
Persons: Donald Trump, “ They’re, ” John Michael Moore, Trump, Kamala Harris, Trump’s, Sen, JD Vance, hasn’t, Luke Sharrett, ” Moore, , that’s, That’s, , Martin McWhorter, ” McWhorter, Melanie Flax Wilt, we’ve, Wilt, Pierre, ” Pierre, Isaac Mackey, Sharice Otieno, couldn’t, ” Otieno, Otieno Organizations: Commission, NBC News, Walmart Locations: SPRINGFIELD , Ohio, Ohio, Springfield, U.S, Springfield , Ohio, ” Springfield, Clark, Haitian, Springfield from Florida, Columbus, Cincinnati, Indiana, Florida
Country music superstar Zach Bryan is in treacherous waters with Taylor Swift's fan-base after drunkenly posting a preference for Kanye "Ye" West over her on X. Before going dark, Bryan attempted to save his reputation, posting, "guys I love Taylor, was listening to TTPD ['The Tortured Poets Department'] last night and thank you aimee came on and I drunkenly tweeted that about Kanye. I love Taylor's music and pray you guys know I'm human and tweet stupid things often. He also responded to a fan asking him his favorite Swift song, saying, "August, for sure." Representatives for Bryan and Swift did not immediately respond to NBC News requests for comment.
Persons: Zach Bryan, Taylor Swift's, Kanye, Taylor, Travis Kelce, Bryan, aimee, Aimee, Kim Kardashian, Kardashian, I’ve, I’m, I've, Swift, Tim McGraw, Swift hasn't Organizations: Kansas City Chiefs, Poets Department, Kanye, Swift, Twitter, Department, NBC Locations: North West, Ye, Bourbon, Kentucky
Stevie Wonder has announced a 10-date U.S. tour for October in the days leading up to the presidential election titled “Sing Your Song! As We Fix Our Nation’s Broken Heart,” which echoes the title of his recent politically themed single. Last month, Wonder made a rousing appearance at the Democratic National Convention. “Now is the moment to understand where we are and what it will take to win: win the broken hearts, win the disenchanted, win the angry spirits — now is the time. “This is the moment to remember when you tell your children where you were and what you did … We must choose courage over complacency.
Persons: Stevie Wonder, They'll, Wonder, , , Van Andel Organizations: Wonder Productions, AEG, PPG Paints, Van, Democratic National Convention, PPG, Wells, CFG Bank, Greensboro Coliseum, State Farm, Little Caesars, Fiserv, Target, NBC Locations: Pittsburgh , Pennsylvania, New York City, Philadelphia, Baltimore, Greensboro, Atlanta, Detroit, Milwaukee, Minneapolis, Grand Rapids , Michigan, New York , New York, Madison, Philadelphia , Pennsylvania, Wells Fargo, Baltimore , Maryland, Greensboro , North Carolina, Atlanta , Georgia, Detroit , Michigan, Milwaukee , Wisconsin, Minneapolis , Minnesota, Rapids , Michigan
In the U.S. overall this year, a concerning, though not unprecedented, number of dengue, EEE and West Nile cases have been reported. “With climate change, we’re basically extending the mosquito season,” said Chantal Vogels, an assistant professor of epidemiology at the Yale School of Public Health. In the U.S., cases have outpaced those of West Nile virus, which is typically more prevalent. This year, Clark County, Nevada, has seen a particularly high number of West Nile cases: 23. “We consider New York state residents to be at risk for West Nile virus every summer,” she said.
Persons: Jennifer White, it’s, , ” Barbara Ferrer, Anthony Fauci, Chantal Vogels, Nirbhay Kumar, George Washington, , Vogels, Nile, White, Thomas Jaenisch, ” White Organizations: Angeles County Department of Public Health, U.S, National Institute of Allergy, Yale School of Public Health, U.S ., Centers for Disease Control, George Washington University’s Milken Institute School of Public Health, World Health Organization, WHO, Southern, Southern Nevada Health, New York State Department of Health, Colorado School of Public Health, Gulf Locations: New York, U.S, California, Los Angeles County, EEE, West, New Hampshire, Vermont, Arizona , California, Florida, Hawaii, Texas, Puerto Rico, U.S . Virgin Islands, Los Angeles, West Nile, Clark County , Nevada, Southern Nevada, Massachusetts, New Jersey, Rhode Island , Vermont, Wisconsin, Gulf Coast
A Kentucky couple spent six days looking for a body believed to be the highway shooting suspect that authorities have been hunting for over a week — and eventually found it by following circling vultures, they said Thursday. So capturing Couch wasn't as far fetched as it might seem, the couple said. "None of us are getting out of this world alive," Fred McCoy told NBC News. "The smell was terrible, it was horrible," said Sheila McCoy, 59. "When you got that many vultures, you've either got a livestock, a horse, a cow or you've got a human," said Fred McCoy, 67.
Persons: Fred, Sheila McCoy, Joseph A ., Couch, Fred McCoy, he's, Fred McCoy —, Hatfield, McCoy, West Virginia —, I've, you've Organizations: Authorities, NBC, West Virginia, YouTube, telltale Locations: Kentucky, Laurel County, London , Kentucky, Eastern Kentucky, West
WASHINGTON — As president, Donald Trump slashed a lucrative tax break enjoyed by coastal donors and suburban swing-state voters. What shifted more than the economy is Trump's needs, said Caroline Bruckner, managing director of American University's Kogod Tax Policy Center. The reversal is one of a flurry of freebies that Trump and his rival, Vice President Kamala Harris, are offering voters in the stretch run before Election Day. Trump’s proposal to repeal the SALT cap, which is set to expire next year if Congress takes no action, would reduce federal revenue by $1.2 trillion over a decade, according to CRFB’s estimate. But many voters in those counties would stand to benefit considerably from a repeal of the SALT cap.
Persons: Donald Trump, he's, Trump, ransoming, Caroline Bruckner, Bruckner, Kamala Harris, Peter Zay, Harris, She’s, , , Charlie Dent, ” Dent, ” Donald Trump, Jeff Kowalsky, Marc Goldwein, ” Goldwein, ” Harris, , Donald Trump won’t, James Singer, Joe Biden’s, I’ve, it’s, Mark Cuban, Jackson, Biden —, Dent Organizations: WASHINGTON, Trump, Getty, Social, Foundation, Social Security, Democratic, CNBC, Tax Foundation, NBC News, Tax Locations: Washington, Anadolu, AFP, South Carolina, Mississippi, Harris, Manhattan, San Francisco, Silicon, Valley , Idaho, Aspen , Colorado, , Wyoming, Westchester County , New York, Fairfield County , Connecticut, Maricopa County, Arizona's, Philadelphia, Wilmington , Delaware, Montgomery, Chester, Delaware, Allegheny County
"If he drops out of the race, it helps the state of North Carolina," added Jackson, who is running to be the state's next attorney general. Under state law, if Robinson were to end his campaign, the state executive committee of the North Carolina GOP would name his replacement. And in March, during a speech at the National Rifle Association conference, Trump called Robinson “Dr. And he got up and he’s doing fantastically well in North Carolina. And I think he’s going to be the next governor of North Carolina.”
Persons: Mark Robinson, Robinson, , ” Robinson, Josh Stein, Rep, Marjorie Taylor Greene, Jeff Jackson, Jackson, Izzi Levy, Donald Trump, , ” Stein, Stein, Trump, Robison, Mark’s, He’s, ” Trump, Dr, Martin Luther King Organizations: Republican, CNN, NAZI, Democratic, Capitol, , Democratic Governors Association, Republican Governors Association, Republican National Convention, North Carolina Board, North, GOP, NBC News, Quinnipiac University, Republicans, National Rifle Association Locations: North Carolina, Georgia, D, Africa, Asheboro , North Carolina
A Michigan sheriff’s deputy didn’t need one as she leapt into the window of a moving car on a busy highway to rescue a 63-year-old driver suffering from a medical emergency. “The vehicle wasn’t responding. The driver wasn’t responding to us. He wasn’t going very fast. When asked if she was fearful about making the jump, Miron said she didn’t think twice.
Persons: Nicole Miron, Anthony Gross, WDIV, ’ ” Miron, Miron, , , ” Sheriff's, Gross, ’ ” Gross, ‘ I’m, ” Miron, didn’t, Organizations: GMC Sierra swerving Locations: Michigan, Mount Clemens, Detroit, Macomb
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