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Signage for Bank of Korea is displayed atop the central bank's headquarters building in Seoul, South Korea, on Thursday, Aug. 16, 2018. SINGAPORE — Asia-Pacific markets opened mostly higher Friday, breaking ranks with Wall Street that saw key benchmarks slide as investors digested a sticky U.S. inflation report. Investors in Asia are also focused on policy decisions from the Bank of Korea on Friday. South Korea's central bank is expected to deliver its first rate cut since March 2022, according to a Reuters poll, bringing down its benchmark interest rate by 25 basis points to 3.25%. The highly anticipated briefing session is expected to unveil fresh fiscal stimulus package as Beijing attempts to boost its economy.
Organizations: Bank of, Investors, Bank of Korea, China's Ministry of Finance Locations: Bank of Korea, Seoul, South Korea, South Korea's, SINGAPORE — Asia, Pacific, Asia, Korea's, Beijing
Elon Musk surprised viewers with the unveiling of Tesla's Robovan at the 'We Robot' event Thursday. Musk shared on X that the Robovan's design was inspired by Art Deco trains. But the Robovan's exterior aesthetic appears to be inspired by the early 20th century Art Deco design period. In response to a user who asked about what inspired the design, Musk replied, "Art Deco trains." Art Deco trains were a product of the Art Deco era, which took place in the 1920s and 1930s.
Persons: Elon Musk, Tesla's Robovan, Musk, , Tesla, — Tesla, Robovan, 🎯, ike Organizations: Art Deco, Service, Art Locations: lon, usk, ehicles
CNN —No food has entered northern Gaza since the start of October, putting 1 million people at risk of going hungry, the World Food Programme told CNN on Friday. In August, approximately 700 hundred aid trucks entered northern Gaza. No food trucks have entered northern Gaza in October, the WFP told CNN. Earlier this week, the UN’s OCHA said: “September saw the lowest volume of commercial and humanitarian supplies entering Gaza since at least March 2024.”Israel’s military launched a new ground operation in northern Gaza on October 6, after seeing signs of Hamas rebuilding. The military has issued fresh evacuation orders for residents in northern Gaza, adding it had expanded the scope of the “humanitarian area” in Al-Mawasi in the south.
Persons: Banna, , , Ahmad Abed, ” Amjad Al, ” Al, Shawa, Haitham Badri, OCHA, CNN’s Organizations: CNN, Food Programme, West Bank, Jordan, WFP, Palestinian, Governmental Organizations Network Locations: Gaza, Allenby, Deir al, Al
South Korea's central bank has cut its benchmark interest rate by 25 basis points to 3.25%, the first rate cut from the BOK since the Federal Reserve started tightening its monetary policy in March 2022. This was in line with a poll of economists from Reuters, who forecasted a rate cut. At that time, South Korea's inflation stood at 2.6%, but climbed sharply to hit 6.3% in July 2022, its highest in over 20 years. Oh noted that macro conditions are supportive of a rate cut, with a "favourable" inflationary backdrop. Oh predicts that after the October cut of 25 basis points, three more consecutive cuts will follow on a quarterly basis, eventually bringing the BOK's benchmark interest rate to 2.5%.
Persons: BOK, Morgan Stanley's, Kathleen Oh, We've, Morgan Stanley Organizations: Bank of, Federal Reserve, Reuters Locations: Bank of Korea, Seoul, Korea's, Korea
The world's largest asset manager, though, is focused on growing its private markets business. Now, the $11.5 trillion behemoth wants to put high-fee private market strategies in your portfolio. "This is a meaningful accelerant to our private markets capabilities," he said. Comparatively, retail allocation to the private markets is in the "low-single digits," according to Small, giving BlackRock another territory to expand into. "We've never shied away from taking big bets," Fink said, and private market strategies are the latest roll of the dice.
Persons: BlackRock, , Martin Small, We're, Larry Fink, Fink, " Fink, We've Organizations: Service, BlackRock, Global Infrastructure Partners
AMD launched the Instinct MI325X accelerator on Thursday, and shipping starts later this fall. The new chip offers better performance than Nvidia's H200 yet lags behind Blackwell, analysts say. While the GPU significantly improved over AMD's previous offerings, Bernstein Research analysts wrote that it faces "zero challenge" against Nvidia's upcoming Blackwell chip. Nvidia announced in March the Blackwell series, which is set to ship in the fourth quarter of this year. Related stories"Training performance seems 1 year behind Blackwell (on par with H200) while inferencing is only slightly better," Arya wrote.
Persons: Blackwell, , Lisa Su, it's, Vivek Arya, Arya, Bernstein, Su, EPYC, Intel's Organizations: AMD, Service, Nvidia, Industry, Bernstein Research, Nvidia's, Blackwell, Bank of America Securities, Intel Locations: Turin, Emerald Rapids
They are the second MLB team to earn an invitation to the league championship series and, yes, they’re aware of the other: the New York Mets. In the 55 seasons of LCS play, this will be just the third to feature both the Yankees and Mets. You might remember the others: 1999, when only the Yankees won, and 2000, when New York City had the World Series all to itself. We’re still hungry — at least in New York, where the World Series seemed like a birthright in the years before expansion. From Game 1 in 1949 through Game 2 in 1957, 44 of a possible 48 World Series games took place in New York.
Persons: Bernie Williams, Aaron Judge, “ It’s, ” Judge, , Williams, Mike Piazza’s, , I’ve, haven’t, Aaron Boone, Jon Berti, Oswaldo Cabrera, Austin Wells, “ That’s, , that’s, what’s, you’re, Carlos Mendoza, ” Boone, he’s, Boone, Pete Alonso, Juan Soto, Francisco Lindor, they’ll, Brendan Kuty, Jim McIsaac Organizations: New York Yankees, Shea, Yankees, Kansas City Royals, American League, MLB, New York Mets, Mets, New, Giants, Dodgers, Cleveland, Houston Astros, AL, Guardians, Tigers, Houston, Kansas City, Royals, Phillies Locations: KANSAS, Kansas City, snagging, New York, New York City, Bronx, Cleveland, Atlanta, Milwaukee
CNN —Most musicians dream of winning a Grammy, but there’s only one award Chappell Roan is aiming for. So what better way to cap off her mega year than by winning her first Grammy Award? Creative director Ramisha Sattar and recording artist Chappell Roan. Universal Music Group“Please, please, please put some type of energy, a spell, whatever, that we get nominated for the Grammy,” Roan said in the video. “She is just as much Chappell Roan as I am, honestly,” Roan told CNN.
Persons: Chappell Roan, , Taylor Swift, Roan, , “ I’ve, I’ve, Ramisha Sattar, ” Roan, “ It’s, Kamala Harris, Sattar, Gen Z Lisa Frank, ” Sattar, Chappell Organizations: CNN, Austin, MTV, Recording, Universal, ” Universal Locations: Roan, Instagram
Comcast CEO Brian Roberts chose Shell to replace Steve Burke as NBCUniversal CEO in 2019. Soon, Shell, 59, will be at the helm of Paramount and paired with Ellison, who has already expressed his desire to transition Paramount into a more modern media company. The 10 p.m. hourAt Paramount, Shell will be given an asset mix similar to what he oversaw at NBCUniversal — save the theme parks. Wolf's shows were also significant moneymakers for NBCUniversal, according to a person familiar with the matter. Some media analysts, such as LightShed Partners' Rich Greenfield, have argued Paramount Global should shut down Paramount+ and instead license Paramount content to other streamers with more scale.
Persons: Jeff Shell, Eric Gaillard, NBCUniversal, David Ellison, Ellison, Comcast's NBCUniversal, Shell, Brian Roberts, Steve Burke, RedBird, Andrew Brandon, Gordon, Shell's, , Skydance, NBC —, CNBC's David Faber, George Cheeks, Hollywood creatives, Dick Wolf, Kevin Dietsch, Stephen Colbert, it's, we've, Pluto, Rich Greenfield, Shell's playbook, We've, Peacock, Roberts, Andrew Wilson, Brian L, Eric Charbonneau, Wall, Mark Hoffman, Shepard Smith, Hoffman Organizations: NBCUniversal, Cannes Lions International, Creativity, Reuters, Paramount Global, Skydance Media, Shell, CNBC, Paramount, Fox, Comcast, NBCU International, Universal, Entertainment Group, RedBird Capital Partners, NFL, CBS, Paramount Pictures, NBC, Local, Journal, FBI, Hollywood, TV, Allen & Company Sun Valley, Getty, LightShed Partners, Warner Bros ., Viacom, WarnerMedia, Netflix, EA, Entertainment, Comcast Corporation, Universal Pictures, Invision, Bravo, MSNBC, MTV, VH1, Comedy Central, Fox News, NBC Sports, NBA, CBS Sports, Big Ten, UEFA Champions League Locations: Cannes, France, Shell, NBCUniversal, Sun Valley , Idaho, Toronto
Flood waters inundated a neighborhood after Hurricane Milton came ashore on October 10 in Punta Gorda, Florida. Andrew West/The News-Press/USA Today Network/Imagn Images A vehicle drives though a flooded street after Hurricane Milton in Siesta Key on Thursday. Rebecca Blackwell/AP The roof of Tropicana Field, destroyed by Hurricane Milton, is seen in St. Petersburg on Thursday. Chris O'Meara/AP David Jalving throws outdoor furniture into his father's pool in Fort Myers to prepare for Hurricane Milton. Marta Lavandier/AP A man in Progreso boards up an apartment building to protect it from Hurricane Milton on Monday.
Persons: Hurricane Helene, Hurricane Milton, Ron DeSantis, Joe Raedle, Milton, Helene, ” Mark Friedlander, , , Hurricane Ian, Giorgio Viera, Rebecca Blackwell, Ricardo Arduengo, Liz Kelly, Matt, Andrew West, Chandan Khanna, Nadia Zomorodian, Julio Cortez, Austin, Sean Rayford, Marta Lavandier, Jefferee Woo, Cristobal Herrera, Bryan R, Smith, Chris Urso, Marco Bello, Brandon Marlow, Marie Cook, Bill Ingram, Reuters Stephen Lundgren, Doug Engle, Ron Rook, Paul Hennessy, Saul Martinez, Payton Wyse, Andrew Goncharsky, Christian Burke, Lee, Connor Ferran, Fort Myers, Nicolette Mariano, Kaila Jones, Damon Higgins, Ted Carlson, McKenzie, Evan Purcell, Purcell's, Anna Maria Island, Carlson, Yamil Lage, Matthew Dominick, NASA Aurelio Ortiz, Lorenzo Hernandez, Mike Carlson, Jose Luis Gonzalez, Reuters John Fedor, Chris O'Meara, David Jalving, Pete, Octavio Jones, Tristan Wheelock, Gerald, Martin Zetina, Gregg Newton, Floridians ’, Denise Rappmund, Rappmund, Bobby Atwood, Atwood, won’t, isn’t Organizations: New, New York CNN, Property Insurance Corp, Citizens, Dade, , Insurance Information Institute, CNN, DeSantis, Republican, CNBC, Hurricane, Getty, AP, USA, Daytona, Network, Reuters, Bradenton, Tropicana, Major League, Tampa Bay Rays, Celtic Ray Public, Tampa Bay Times, NOAA, Vanguard, School, Ocala, Orlando International Airport, Anadolu, Disney, Fort, Palm Beach Daily, Florida Army National Guard, Tampa General Hospital, NASA, International, Milton, Tampa International Airport, Bloomberg, AP Contractors, New Port Richey, AP Tropicana, Moody’s Investors Service Locations: New York, Florida, Miami, Monroe, Hurricane, Punta Gorda , Florida, Central Florida, Lakewood Park , Florida, Siesta Key, North Fort Myers , Florida, Siesta, Volusia, South Daytona , Florida, Bradenton Beach, St . Petersburg, Punta Gorda, Odessa , Florida, Venice , Florida, Matlacha , Florida, Palmetto Beach, Tampa, Bradenton , Florida, Venice, St . Petersburg , Florida, Clearwater, AFP, Sarasota , Florida, Segundo, Davis, Fort Myers , Florida, Wellington , Florida, Palm, Ocala , Florida, County, Wellington, Orlando, Gulfport , Florida, Lee County, Fort Myers, Sebastian , Florida, Palm Beach , Florida, Palm Beach, Havana, Cuba, Celestún, Mexico, Port Richey , Florida, Tampa Bay, Treasure Island , Florida, St, Pete Beach , Florida, Treasure, Fort Myers Beach, Progreso, New Port, Kissimmee , Florida, Milton
Absurd and comical rescue images that appear to have been made with artificial intelligence have sprung up on social media this week as Hurricane Milton hit Florida, a reaction to the earlier proliferation of more realistic fake images related to Hurricane Helene. But as technology has advanced, fake images generated by AI have continued to proliferate on the internet, at times making it easier for false information to spread online. Public officials even cautioned Floridians this week to beware of AI-generated images that falsely depict conditions on the ground. The inspiration for the hurricane rescue images meme format apparently stems from a viral post from a public official on X, who shared a fake image of a child crying while holding a puppy with a flooded backdrop amid Hurricane Helene, which some recirculated as if it were real. In one meme image posted by an X user, former President Donald Trump appears to be dropping a basket of puppies over a body of water.
Persons: Milton, Hurricane Helene, Helene, Amy Kremer, Kremer, doesn’t, , Donald Trump, Trump, Elon Musk’s Organizations: Disney, Public, Republican National Committee Locations: Florida, Georgia, Hurricane Milton, , BlueSky
Hurricane Milton dumped so much rain over parts of Florida’s Tampa Bay area that it qualified as a 1-in-1,000-year rainfall event. Other significant rainfall totals across Florida included 14.01 inches in Clearwater Beach, 13.09 inches in Baskin, 11.43 inches in Tampa and 10.12 inches in Seminole. The National Weather Service issued a flash flood emergency for Tampa and St. Petersburg that lasted until 2:30 a.m. Preliminary measures on Wednesday indicated that 7 inches had fallen in St. Augustine, 7.38 inches in Titusville and 3.05 inches in Daytona Beach, according to the National Hurricane Center. Hurricane Milton has moved back out to sea, but additional rainfall and flooding are expected to persist through Thursday in parts of eastern and central Florida, according to the National Hurricane Center.
Persons: Milton, ” Matthew Cappucci, ” Milton, Hurricanes Milton, Helene, Augustine, National Hurricane Center . Hurricane Milton Organizations: National Weather Service, Hurricanes, National Hurricane Center, National Hurricane Center . Hurricane Locations: Florida’s Tampa Bay, St, Petersburg, Siesta, Florida, Clearwater Beach, Baskin, Tampa, Seminole, Milton, Gulf of Mexico, Titusville, Daytona Beach
AMD launches AI chip to rival Nvidia's Blackwell
  + stars: | 2024-10-10 | by ( Kif Leswing | ) www.nbcnews.com   time to read: +5 min
AMD launched a new artificial-intelligence chip on Thursday that is taking direct aim at Nvidia’s data center graphics processors, known as GPUs. In the past few years, Nvidia has dominated the majority of the data center GPU market, but AMD is historically in second place. The new AI chip is the successor to the MI300X, which started shipping late last year. Most industry estimates say Nvidia has over 90% of the market for data center AI chips. The new CPUs are particularly good for feeding data into AI workloads, AMD said.
Persons: Lisa Su, Nvidia’s, , Su, That’s, ” Su Organizations: AMD, Nvidia, Meta, Microsoft, Blackwell, Intel, workloads
South Korea’s “haenyeo,” or women divers, say that they’ve become inseparable from their deep blue environment. The women are preserving a centuries-old tradition, which includes maintaining a sort of sisterhood, and are also vocal against issues like climate change and nuclear waste. Haenyeo divers of South Korea’s Jeju Island in “The Last of the Sea Women.” Hasisi Park / Apple TV+The women argue and bicker almost as much as they crack jokes together. A haenyeo diver of South Korea’s Jeju Island in “The Last of the Sea Women,” premiering October 11, 2024. We have to go to the sea,” Geum Ok, a haenyeo, says in the film.
Persons: Malala Yousafzai’s, , Hasisi, Yousafzai, ” Yousafzai, , Jang, Duk, Sue Kim, ” Kim, Lee Hee, ” Jang, It’s Organizations: Apple, UNESCO Intangible, Human Rights Locations: Jeju, South, , Switzerland, Japan
Trump and the Republican Party have made “an unprecedented lean in and targeting of African American men,” Belcher said. Yes, it’s absolutely smart on their side.”But, he said, recent polling shows a shift among Black voters in the last month and a half toward Harris' campaign. “We want to make sure that Black men are showing up to vote in numbers that we haven’t seen since Obama. So victory and success for us will be record numbers of Black men showing up to vote in November.”He said there has been an Obama-like energy with Harris. Has anyone ever heard of Barack Hussein Obama?” Trump said as the Scranton crowd lit up with boos.
Persons: Barack Obama, Kamala Harris, Obama, Harris, Donald Trump, , , Jesse Lee, , ” Lee, Republicans — Obama, Mitt Romney, , Paulette Aniskoff, ” Aniskoff, ” Eric Schultz, ” Schultz, ” Harris ’, Harris ’, Obama pollster Cornell Belcher, Joe Biden, “ She’s, Belcher, Trump, ” Belcher, Quentin James, ” James, MAGA, ” Trump, decry, Barack Hussein Obama, Democratic pollster Anna Greenberg, ” Greenberg, Hillary Clinton Organizations: Indian, Black, Biden White, Republicans, NBC News, Obama White House, Trump, Democrats, Republican Party, Collective PAC, GOP, Democratic Locations: SCRANTON, Pa, Pittsburgh, Pennsylvania, Philadelphia, Scranton, America
Hurricane Milton's powerful winds overnight Wednesday severely damaged the roof of the Tampa Bay Rays' home ballpark, Tropicana Field, which had been set for use by workers responding to the storm. An aerial view of Tropicana Field's shredded roof in downtown St. Petersburg, Fla., in the wake of Hurricane Milton on Oct. 10, 2024. Tampa Bay Times / ZUMA Press via ShutterstockThe stadium's playing field and stands could be seen in that overheard footage, through where panels once were. There were no injuries immediately reported from that area of downtown St. Petersburg, according to a city statement. Tampa Bay missed the playoffs for the first time since 2018.
Persons: Hurricane Milton Organizations: Tampa Bay Rays, Tropicana, Tampa Bay Times, ZUMA, Tropicana Field, Florida Division, Emergency Management, The Rays, Tampa Bay Locations: St . Petersburg, Fla, Hurricane, downtown St . Petersburg, Florida
Davis Jones looks out the door of the hotel where he is riding out Hurricane Milton, in Tampa, Florida on October 9, 2024. Julio Cortez/APThough authorities and meteorologists had feared Tampa would bear the heaviest brunt of Hurricane Milton, it appears the city has avoided the kind of devastating 15-foot storm surge that had been forecast, said CNN Correspondent Brian Todd. “I’ve never really seen sheets and walls of water coming down from a hurricane,” he said, speaking from Tampa. Now, several hours after Milton first made landfall, the eye of the storm has moved east through central Florida. Earlier in the night, the storm pushed the water out of Tampa Bay, leaving it looking almost like “a dry riverbed,” he added.
Persons: Davis Jones, Hurricane Milton, Julio Cortez, Brian Todd, “ I’ve, , Milton, Todd Organizations: Hurricane, CNN Locations: Tampa , Florida, Tampa, Hurricane Milton, Florida, Tampa Bay
PHOENIX — Republican Kari Lake and Democratic Rep. Ruben Gallego faced off in Arizona’s feisty first and only Senate debate Wednesday evening, trading shots over the border, abortion, tax policy and more. Lake has long made the border a cornerstone of her campaign, chastising Gallego for supporting the Biden-Harris administration’s immigration policies. Gallego, in turn, has made the bipartisan border bill that Trump and Lake opposed a big part of his campaign. “He acts like he cares about us,” Lake said of Gallego, “speaking directly to the women” watching the debate. Talking to the media immediately after the debate, Gallego said: “She needs to be loud, she needs to lie because she’s weak.
Persons: Kari Lake, Ruben Gallego, ” Gallego, Lake’s, “ We’re, Gallego, Lake, Donald Trump, Donald Trump doesn’t, Trump, , “ Trump, Kamala Harris, Harris, hasn’t, , Laken Riley, , ” “, Sen, Kyrsten Sinema, Democratic Sen, Chris Murphy, GOP Sen, James Lankford, chastising Gallego, Arizonans, ” Lake, it’s, Katie Hobbs Organizations: PHOENIX, Democratic Rep, Progressive Caucus, , Lake, Arizona Republicans, Trump, Senate, , Washington , D.C, NBC, Democratic, GOP, Biden, Border Patrol, UVF Locations: Arizona, Washington ,, Mexico, Georgia, Connecticut, James Lankford of Oklahoma
Hong Kong CNN —Tucked away in a residential neighborhood in the west of Hong Kong, the Kennedy Town Playground’s basketball courts aren’t particularly noteworthy. It’s because the courts, perched on the side of a hilly slope, offer great views of the Hong Kong skyline. Many of them are followers of Xiaohongshu (Little Red Book), China’s answer to Instagram, which has also become their travel bible. The 26-year-old relied solely on Xiaohongshu to navigate Hong Kong with his wife during their recent trip to the city. A woman takes pictures at an iconic Xiaohongshu spot in Hong Kong.
Persons: Hong Kong CNN —, sipping lattes, Xiaohongshu, Hong Kong's, Noemi Cassanelli, CNN Kennedy, Jiao Le, Cassanelli, ” Jiao Le, Jay Chou, , Tokyo's, Zhizhao Wu, Giovanni Mereghetti, Mao Zedong, Charlwin Mao, Miranda Qu, it’s, Qian Gua, , Xia Jiale, Joel Placeres, “ Will, Placeres, Jiao, Hung Organizations: Hong Kong CNN, Kennedy Town, Hong Kong's Kennedy, CNN, CNN Reading, Getty, Kennedy, CNN Travel, Lobos, “ Lobos, Hong Locations: Hong Kong, China, Seoul, Beijing, Asia, Copenhagen, Tivoli, Norrebro, Central, New York, Japan, Kamakura, Tokyo, Denmark, Xiaohongshu, Kennedy Town, Communist China, Shanghai, Luoyang, Europe, London, Paris, Hong, Noemi
CNN —For the first time in its 147-year history, Wimbledon will be removing line judges from all of its courts during the tournament. The All England Club announced on Wednesday that from the 2025 championships onwards, electronic line calling (ELC) will be used after it was successfully tested in 2024. ELC will replace the line judges who call “out” or “fault” during a match and will also be used in Wimbledon qualifying ahead of the tournament. Wimbledon successfully trialed the technology at this year's championships. Wimbledon’s adoption of the technology leaves the clay-court French Open as the only remaining grand slam yet to implement ELC.
Persons: Sally Bolton, , , Andrej Isakovic, Coco Gauff Organizations: CNN, Wimbledon, England Club, All England, Australian, Getty, ATP Locations: AFP, Paris
Russia's ruble continued to sag against the dollar and the yuan, hitting its lowest level in a year. That drop comes ahead of a key US Treasury license expiring this month. AdvertisementRussia's ruble sank to its lowest level in a year against the US dollar and China's yuan this week. The ruble fell to around 97 against the dollar on Thursday, its lowest level against the greenback since October of 2023. The ruble traded around 13.72 against the yuan, also the lowest level against China's currency in a year.
Persons: Organizations: Treasury, Reuters, Service, Moscow Exchange, National Clearing Center, US Treasury Locations: Moscow, Russia, Ukraine
A general view of the Shanghai Securities Exchange building is being shown in Shanghai, China, on July 16, 2024. Japan's Nikkei 225 gained 0.26% to end at 39,380.89, while the broad-based Topix rose 0.2% to close at 2,71267. Traders in Asia were assessing September data on producer prices in Japan which rose 2.8% from a year ago. Economists polled by Reuters had predicted the inflation rate would come in at 2.3%, down from 2.5% in August. The rally had been triggered by a blitz of government stimulus measures at the end of September.
Persons: Australia's, Korea's Kospi, Hong, Chetan Ahya, Morgan Stanley, Ahya Organizations: Shanghai Securities Exchange, Dow Jones, Nikkei, Traders, Reuters, Investors, Holdings, Alimentation, CSI, China's Finance, Asia Locations: Shanghai, China, SINGAPORE — Asia, Pacific, 2,71267, Asia, Japan, Beijing
As myths about Milton and Helene spread, interest in chemtrails increased too on Google search and social media. Despite the lack of evidence to support it, the so-called chemtrail conspiracy theory has endured for decades. Some of the promotion of the conspiracy theory has taken on a distinctively antisemitic tone. Peters previously promoted the unhinged conspiracy theory that ballots were flown from Asia as part of a plot to steal the 2020 election from President Trump. Friedrich suggested the conspiracy theories blaming weather manipulation for the devastation caused by Hurricanes Helene and Milton is a way to distract from the real effects of climate change.
Persons: Milton, Donald Trump, Helene, ” Trump, Robert F, Kennedy Jr, ” Daniel Swain, , Harris, Hurricanes Helene, Alex Jones, , ” Jones, Stew Peters, X, Hurricane Milton, ” Peters, Peters, Trump, Marjorie Taylor Greene, Rothschild, Greene, Katja Friedrich, Friedrich, Joshua Horton Organizations: CNN, Hurricanes, Trump, Google, Harvard University, University of California, Biden, Pentagon, NOAA, Republican, University of Colorado Locations: Tennessee, University of California Los Angeles, Hurricane, United States, Asia, Arizona, California, University of Colorado Boulder
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on January 11, 2024 in New York City. Stock futures were little changed on Thursday evening, as investors looked ahead to a wholesale inflation reading and quarterly results from major banks. Futures tied to the S&P 500 inched higher by 0.08%, while Nasdaq 100 futures hovered just below the flatline. September's consumer price index rose 0.2% on a monthly basis and 2.4% from a year earlier. The S&P 500 is up 0.5% week to date, while the Dow is toting a 0.2% gain.
Persons: Dow Jones, Preston Caldwell, Wells Organizations: New York Stock Exchange, Stock, Futures, Nasdaq, Dow Jones, Dow, Federal Reserve, Morningstar, JPMorgan Chase Locations: New York City
Indexes slipped Thursday as investors priced in a higher-than-expected inflation reading. The data raises the possibility of a "no landing" scenario for the US economy. AdvertisementStocks fell on Thursday from records reached in the previous session, as traders took in a sticky inflation reading for September. September consumer price index data released on Thursday showed inflation rose 2.4% year-over-year, slightly above consensus forecasts of a 2.3% rise. AdvertisementThe core CPI reading, which excludes more volatile food and energy costs, was up 3.3% year-over-year and just above forecasts of 3.2%.
Persons: , Stocks, Hurricane Milton, Jamie Dimon, Buffett Organizations: Traders, Service, Dow Jones, Nasdaq, Dow, CPI, Federal Reserve, Bank of America, Investors, Labor Department, Here's, Insurance Locations: Hurricane
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