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☆ Asia markets open mixed as investors await China economic data, assess Japan CPI
▼ + stars: | 2024-10-18 | by ( Anniek Bao | ) www.cnbc.com time to read: +1 min

The skyline of the central business district in Beijing on August 13, 2019. (Photo by WANG Zhao / AFP)Asia-Pacific markets opened mixed Friday, as investors awaited key economic data from China and assessed Japan's inflation numbers. China's third-quarter GDP is expected to come in at 4.5%, as estimated by economists in a Reuters poll, compared with 4.7% growth in the prior quarter. China is set to release its house prices index for September at 9:30 a.m. local time. Japan's headline inflation for September came in at 2.5%, while core CPI — which excludes fresh food prices — rose 2.4% year on year compared with Reuters estimates of 2.3%.

Persons: WANG Zhao Locations: Beijing, AFP, Asia, Pacific, China

☆ European markets expected to open slightly higher; UK economy expands 0.2% in August
▼ + stars: | 2024-10-11 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

Heavy rain clouds pass over the city of London skyline on September 23, 2024 in London, United Kingdom. European markets are expected to open slightly higher on Friday as investors take in U.K. gross domestic product (GDP) figures and look ahead to highly anticipated fiscal stimulus from China. The U.K.'s FTSE 100 index is poised to open 19 points higher at 8,254, Germany's DAX 23 points higher at 19,228, France's CAC up 15 points at 7,559 and Italy's FTSE MIB 11 points higher at 33,943, according to data from IG. The U.K. economy returned to growth in August, according to official data published on Friday. Asia-Pacific markets mostly traded higher on Friday, breaking ranks with U.S. stocks, which saw key benchmarks dip overnight as investors reacted to a hotter-than-expected U.S. inflation report.

Persons: Germany's DAX Organizations: France's CAC, IG, Reuters ., U.S, CSI Locations: London, United Kingdom, China, U.K, Reuters . Asia, Pacific, Hong Kong

☆ I moved to NYC from Denmark. I may have left one of the 'happiest' countries in the world, but New York is more exciting.
▼ + stars: | 2024-10-11 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +6 min

Denmark is among the happiest countries in the world, but Davies said New York is more exciting. AdvertisementThis as-told-to essay is based on a transcribed conversation with Joanna Davies, 30, about moving from Denmark to New York. Denmark was a safe place to live with a lot of welfare support, but I've found a more exciting destination in New York. New York feels especially different from Denmark's strong welfare system. Denmark may be one of the 'happiest' places to live, but New York is more excitingDenmark is known as one of the happiest countries in the world.

Persons: Joanna Davies, Davies, —, Denmark's, I've, Denmark I'd, — It's, New York hasn't, There's Organizations: Service, Aarhus University, Columbia University, Business Locations: New York, Denmark, London, Aarhus, America, New York . New York, Manhattan, Central, New York New York

☆ Xiaohongshu: How ‘China’s Instagram’ is transforming the travel industry
▼ + stars: | 2024-10-10 | by ( Chris Lau | ) edition.cnn.com time to read: +8 min

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

☆ One year on, the Israel-Hamas war has taken an unprecedented toll on journalists
▼ + stars: | 2024-10-07 | by ( Hadas Gold | ) edition.cnn.com time to read: +12 min

Multiple news organizations and free press groups have accused the Israeli military of deliberately targeting journalists. “One year in, Israel’s conduct of the war in Gaza has exacted an unprecedented and horrific toll on Palestinian journalists and the region’s media landscape,” CPJ said. Four Israeli journalists were killed in the October 7 attacks, and others barely survived. The raw footage is also subject to Israeli military censorship. CNN’s Clarissa Ward is one of the only foreign journalists to have entered the strip without the Israeli military, when she embedded with a United Arab Emirates field hospital crew.

Persons: Israel’s, ” CPJ, ”, Tania Kraemer, Clarissa Ward, they’ve, ” Al Jazeera, CNN he’s, “, Deborah Turness, Janine Zacharia, ‘ You’ve, ” Zacharia, William Lafi Youmans, George Washington, Youmans, ” Youmans, that’s Organizations: CNN, Journalists, Protect Journalists, “, Foreign Press Association, Deutsche Welle, Union of Journalists, United, United Arab Emirates, Court, West Bank, Israeli Journalists Union, Associated Press, BBC, West Bank “, Stanford University’s Department of Communications, The Washington Post, Reuters, George Washington University’s School of Media, Public Affairs, European Union Locations: Israel, Gaza, Jerusalem, Egypt, United Arab, American, Israeli, Palestinian, “, United States

☆ Japan's Nikkei opens up 2% as Asia markets mostly climb ahead of a week of central bank decisions
▼ + stars: | 2024-10-07 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Asia-Pacific markets mostly climbed on Monday, led by Japan's Nikkei 225 gaining 2% as investors look ahead to a week of central bank decisions from around the region. Three central banks are set to release their interest rate decisions this week, namely the Bank of Korea, the Reserve Bank of New Zealand and the Reserve Bank of India. Economists polled by Reuters expect the BOK and RBNZ to cut rates, while the RBI will hold. The BOK on Friday is expected to lower its benchmark interest rate to 3.25% from 3.5%, while the RBNZ is expected to enact a 50-basis-point cut to 4.75% on Wednesday. Back in August, the RBNZ surprised economists after it lowered its policy rate to 5.25% from 5.5%.

Persons: BOK Organizations: Japan's Nikkei, Bank of, Reserve Bank of New, Reserve Bank of India, Reuters Locations: Seoul . Asia, Pacific, Bank of Korea, Reserve Bank of New Zealand

Unlike the southern suburbs and other parts of the country, there was no warning to evacuate this Shia-majority neighborhood. Families fleeing the central Beirut strike on Thursday streamed into the mosque’s grounds. But I don’t have the energy to be displaced again.”The Mostafa family from the southern Beirut suburbs share three mattresses amongst themselves amid the mosque’s looming colonnades. Israel’s war cabinet said it aimed to repatriate 60,000 people displaced by Hezbollah’s rocket fire in the country’s northern-most territory. Mahdi had fled his home in the southern Beirut suburbs to west Beirut and was taking a job around his old campus.

Persons: Israel, Israel –, cradled, Mohammad al, Amin, Joseph Campbell, ”, Fatima, Mostafa, Mostafa Mostafa, “, Mahdi, “ They’re, Hadeel Organizations: Lebanon CNN, Islamic Health Authority, Hezbollah, Families, Reuters, CNN, American University of Locations: Beirut, Lebanon, Israel, Gaza, Iran, American University of Beirut

☆ An iconic gem of New York City's skyline is the latest victim of the office collapse
▼ + stars: | 2024-10-03 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

The Chrysler Building, a renowned gem of NYC, is the latest victim of the office apocalypse. AdvertisementThe Chrysler Building, a long-admired gem of New York City's skyline, could be the latest victim of the nationwide office collapse. AdvertisementThe website for RFR Holding, a private real-estate-management company, still features the Chrysler Building. Business Insider could not immediately reach RFR Holding or its attorneys on Thursday. What that means for the iconic Chrysler Building — and the rest of the New York City skyline — remains to be seen.

Persons: Cooper, —, John Ruth, RFR, Terrence Oved, Darren Oved, Morgan Stanley Organizations: Chrysler, Cooper Union, RFR, Service, Street Journal, Business, Seagram, Journal, New Locations: York, Lexington, New York, California , Texas , New Jersey, Florida, New York City

☆ What is happening between Israel and Iran and how might Israel respond to the latest attacks?
▼ + stars: | 2024-10-02 | by ( Helen Regan | ) edition.cnn.com time to read: +9 min

It’s the second time Iran has launched an aerial attack on Israel this year, but Tuesday’s barrage was of a different magnitude. Israel's anti-missile system intercepts rockets after Iran fired a salvo of ballistic missiles, as seen from Ashkelon, Israel, on October 1, 2024. While the Israeli military said most of the missiles were intercepted, some landed on Israeli soil and appeared to cause damage. Atta Kenare/AFP/Getty ImagesIn Gaza, Israel’s war against Hamas grinds on almost a year after the Palestinian militant group’s attack on Israel. Since Israel’s war in Gaza began, US troops have also been the target of escalating attacks by Iran-backed proxy groups.

Persons: Benjamin Netanyahu, Israel, Hassan Nasrallah, Israel –, Amir Cohen, Pat Ryder, “, Nasrallah, Jonathan Panikoff, Hezbollah's, Atta Kenare, Ismail Haniyeh, PMO, Netanyahu, Naftali Bennett, Masoud Pezeshkian, Alexi J . Rosenfeld, Matthew Miller, Lloyd Austin Organizations: CNN, Israel, Reuters, Air Base, Tel Nof Air Base, Pentagon, Hezbollah, Getty, Hamas grinds, Islamic Revolutionary Guard Corps, Israeli, New, State Department, US Navy, US Army, US, Israel . Defense Locations: Israel, Iran, Lebanon, Beirut, Here’s, Syria, Ashkelon, Reuters Iran, Tehran, Tel Aviv, Israel’s, Washington, Yemen, Tehran's Palestine, AFP, Gaza, Iranian, Iraq, East, New York City, Eshkol Region, Jordan

Some of the victims of Hurricane Helene are cut off from the outside world. Two local television stations and two FM radio stations are also out of service in North Carolina, the FCC said. Internet providers often have disaster contingency plans, such as keeping backup generators and fuel on hand to keep service going during power outages. Companies that track internet connectivity say much of western North Carolina’s broadband internet speeds are slow and, in some areas, nonexistent. NetBlocks, a U.K. company built to track global internet censorship, said some cities and towns in the area expect severe to full broadband outages.

Persons: Hurricane Helene, Edward Hinson, we’re, ”, Helene ., Mitchell, Hinson, “, Isik Mater, Doug Madory, Dee Davis, Davis Organizations: NBC News, Federal Communications Commission, FCC, Companies, Asheville, Rural Locations: Hurricane, North Carolina, Avery, Yancey, North, U.K, Waynesville, Hendersonvile, Asheville, Kentucky, Tennessee, America

☆ We loved living in Austin but left after 10 years. Big businesses and tech wrecked our favorite parts of the city.
▼ + stars: | 2024-09-30 | by ( Laura Niebauer Palmer | ) www.businessinsider.com time to read: +5 min

We hated that many of the city's unique small businesses were being forced out due to high rents. We loved that the city was less hurried, had a small-town feel, and prided itself on its motto, "Keep Austin Weird." AdvertisementWe felt big businesses slowly took away from what made Austin special"Keep Austin Weird" is an ode to the eclectic mix of small businesses found throughout the city. Dmitri Kotchetov/ShutterstockThe Texas capital is known for its motto, "Keep Austin Weird," an ode to the eclectic mix of small businesses found throughout the city. The street was once lined with offbeat stores with unique Austin offerings and welcoming shop owners.

Persons: Austin, —, hasn't, Dmitri Kotchetov, we've, it's, Warby Parker, We've Organizations: Service, Apple, ABC TV, Nike Locations: Austin, Chicago, Texas, The Texas, Congress, Austin .

☆ Here’s why Japan’s stocks are plunging after Shigeru Ishiba’s win
▼ + stars: | 2024-09-30 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +2 min

Japan's August retail sales climbed 2.8% year on year, beating Reuters poll estimates of a 2.3% rise, and up from a revised 2.7% rise in July. Ishida had beaten Economic Security Minister Sanae Takaichi in the final round of the Liberal Democratic Party election on Friday, sending the yen into a volatile session. A higher interest rate typically strengthens the yen and puts pressure on Japanese stock markets, which are heavily weighted by exporters. Chinese rally puts pressureThe Nikkei's decline on Monday also comes at a time when China's markets have been surging. Stock Chart Icon Stock chart icon

Persons: Shigeru Ishiba, Ishida, Sanae Takaichi, Ryota Abe, Takaichi, Ishiba, Abe, Steven Glass, CNBC's Organizations: Economic, Liberal Democratic Party, Bank of Japan, Sumitomo Mitsui Banking Corporation, CNBC, Bank of, Pella Funds Management, CSI Locations: Tokyo, Japan, Pella, Hong

☆ With ports strike imminent on East Coast, Gulf, truckers, rails are scrambling to move billions in cargo before midnight shutdown
▼ + stars: | 2024-09-30 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +8 min

As much as 43% to 49% of total containerized goods entering the U.S are processed through ports on the East Coast and Gulf Coast. Michael Kanko, CEO of ImportGenius, tells CNBC the economic importance of the ports impacted by an ILA strike is profound. Approximately 50,000 ILA union members work at the ports of Boston, New York/New Jersey, Philadelphia, Wilmington, Baltimore, Norfolk, Charleston, Savannah, Jacksonville, Tampa, Miami, New Orleans, Mobile, and Houston. UBS forecast that 20% of Maersk's total volume would touch a U.S. port that would be impacted by the strike. East Coast ports in the U.S. are forecast to handle 2.3 million TEU (twenty-foot equivalent units) in October.

Persons: Gary Hershorn, Lading, Alan Baer, Baer, Michael Kanko, Brian Bourke, Pete Buttigieg, Julie Su, Lael Brainard, Biden, We've, Taft, Hartley, Donald Trump, Harold Daggett, let's, Estee Lauder, Steve Lamar Organizations: Port, Port Newark Container, Corbis, CNBC, International Longshoremen's Association, US Maritime Alliance, USA, ILA, U.S ., Seko Logistics, Gulf, Transportation, National Economic, UBS, Maersk, Democrats, Hartley, Business, The U.S . Chamber of Commerce, Biden, ., L'oreal, ABB, Walmart, Walgreens, Disney, Port Authority of, American Apparel & Footwear Association Locations: Port Newark, New York City, Newark , New Jersey, Coast, U.S, ImportGenius, East Coast, Gulf Coast, U.S . East Coast, Maine, Texas, Boston , New York, New Jersey, Philadelphia, Wilmington, Baltimore, Norfolk, Charleston, Savannah, Jacksonville, Tampa , Miami , New Orleans, Mobile, Houston, The, Port of New York, Port Authority of NY, Virginia, Mitre . East Coast, Port of Virginia

☆ Asia-Pacific markets mostly gain as China stimulus measures come into effect; Hong Kong set to rise 3%
▼ + stars: | 2024-09-27 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Crimson clouds light up the skyline of Victoria Harbour on July 14, 2022 in Hong Kong, China. Asia-Pacific markets mostly rose Friday, with Chinese stocks likely set to cap off a week of gains on the back of Beijing's stimulus measures aimed at boosting the economy. The bank added that the weighted average deposit reserve ratio of financial institutions will be about 6.6% after this reduction. Tokyo's headline inflation rate eased to 2.2%, down from August's 2.6%. The core inflation rate — which strips out prices of fresh food — in the capital city came in at 2%, in line with expectations from economists polled by Reuters and down from 2.4% in August.

Organizations: People's Bank of China, Reuters Locations: Victoria Harbour, Hong Kong, China, Asia, Pacific, Tokyo, August's

☆ Fearful of the 'middle-income trap,' Indonesia pushes for major policy reform
▼ + stars: | 2024-09-26 | by ( Shafi Musaddique | ) www.cnbc.com time to read: +4 min

Incoming President Subianto has promised to continue the charge toward making Indonesia a high-income economy. Economic reforms passed through by the outgoing president will make the achieving Indonesia's grand vision easier. "Widodo put in place a bunch of economic reforms, the most noticeable being making it easier to hire and fire new workers. Indrawati hopes to avoid "the middle-income trap" — an economic development situation where growing economies stagnate at middle-income levels and are unable to advance to the ranks of high-income countries. Major policy reforms, she believes, will help Indonesia sidestep that.

Persons: Sri Mulyani Indrawati, CNBC's, Joko Widodo, Prabowo Subianto, Subianto, Widodo, Gareth Leather, Indrawati Organizations: Afp, Getty, country's Finance, International Monetary Fund, Defense, Capital Economics, CNBC, Lowy Institute Locations: Jakarta, Indonesia, Washington, Australian, China, Asia

Donald Trump narrowly captured each on his way to collapsing the Democrats’ vaunted “blue wall” in 2016. Wages going up. Wages going up. I talk to my friends, ‘Your wages going up?’ No. The pandemic-era stimulus checks, which Trump made a point of putting his name on, also come up regularly.

Persons: Hurley Coleman III, ’ ”, Phil Kerner’s, us, ” Kerner, ”, Barack Obama, Donald Trump, Joe Biden, ” Coleman, Kamala Harris, Hurley Coleman, Coleman, “, ” Hurley Coleman Jr, –, Phil Kerner, hasn’t, Edward, he’s, Kerner, George W, Bush, Guy, “ I’m, CNN –, CNN ‘, Trump ’ Kerner, I’m, “ It’s, Hurley Coleman Jr, Harris, HJ, He’s, Trump, Biden, that’s Organizations: CNN, Trump, General Motors, GM, of God, atrophied, Phil Kerner CNN, Republican, Democratic National Convention Locations: Saginaw , Michigan, Pennsylvania, Erie, Central Michigan, Erie , Pennsylvania, Saginaw

☆ European stocks set for positive open, spurred on by gains in Asia-Pacific markets
▼ + stars: | 2024-09-26 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

City of London skyline on 10th June 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. LONDON — European stocks are expected to open in positive territory Thursday, spurred on by gains in Asia-Pacific markets overnight. The positive start to the trading day anticipated in Europe comes after Asia-Pacific markets rose overnight, with markets in the region led by Japan's Nikkei 225 and Chinese markets extending gains. Japan's Nikkei climbed 2.12%, while the broad based Topix was up 1.65%, as the Bank of Japan released minutes of its July meeting.

Persons: Germany's DAX Organizations: LONDON, CAC, IG, Japan's Nikkei, Bank of Japan, China's CSI Locations: London, United Kingdom, The City, Asia, Pacific, Europe

☆ Asia-Pacific markets open higher; Hong Kong's Hang Seng poised to rise 4%
▼ + stars: | 2024-09-25 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

A General view showing the Hong Kong Skyline in Hong Kong, Saturday, May 22, 2021. (Photo by Vernon Yuen/NurPhoto via Getty Images)Asia-Pacific markets open higher on Wednesday, while futures for Hong Kong's Hang Seng Index suggested a 4% rise for the index when trading starts. HSI futures were at 19,763, compared to the index's last close of 19,000. Chinese markets rallied yesterday after the country's central bank announced a slate of economic support measures, with the HSI seeing its best day in seven months, while mainland China's CSI 300 recorded its largest one-day gain in over four years. Investors will be watching Australia's inflation numbers on Wednesday, with the consumer price index expected to post a 2.7% rise year on year, according to economists polled by Reuters.

Persons: Vernon Yuen Organizations: Hong Kong Skyline, Getty Images, CSI, Reuters Locations: Hong Kong, Asia, Pacific

Tens of thousands of people fled southern Lebanon on Tuesday as Israel intensified an aerial assault that inflicted the country's deadliest day since war nearly two decades ago, while Hezbollah launched a new barrage of cross-border fire. Nearly 500 people were killed in Lebanon on Monday, according to local health officials, marking the deadliest Israeli bombardment of the country since Israel's 34-day war with Hezbollah in 2006. Mahmoud Zayyat / AFP - Getty ImagesThe Israeli military had issued warnings for residents in southern and eastern Lebanon to evacuate certain areas, spurring thousands of people to flee their homes. Scenes of families fleeing southern Lebanon and of fiery explosions filling the skyline fueled global fears of an all-out regional conflict. However, in a briefing Monday, an Israeli military official said a halt in fire from Hezbollah would not be enough to end Israel’s strikes on Lebanon.

Persons: Fadel Itani, Mahmoud Zayyat, Josep Borrell, ”, EFE, Israel Organizations: Hezbollah, Getty Images, Getty, European Union, Reuters, Vehicles, Ibrahim Amro, Israel Defense Forces, Northern Arrows Locations: Lebanon, Israel, Iran, Beirut, AFP, Sidon, Monday, European, Ghazieh, Damour, Lebanese, Ibrahim, Gaza

☆ I paid $8 to take a ferry to a small coastal town near San Francisco. The cute shops and Mediterranean vibes make it the perfect day trip.
▼ + stars: | 2024-09-24 | by ( Sharon Mcdonnell | ) www.businessinsider.com time to read: +1 min

I paid $8 to take a ferry to Sausalito, California, a cute town with a Mediterranean vibe. The ferry offered great views of the Golden Gate Bridge and the San Francisco skyline. I loved taking the Golden Gate Ferry and plan to continue traveling to the town. Go to newsletter preferences Thanks for signing up! Lately, when I've needed a change of pace, I take a half-hour ferry ride to Sausalito, a town about 9 miles from San Francisco.

Persons: —, I've Organizations: San, Service, Travel, Business Locations: Sausalito , California, San Francisco, Bay, Sausalito

☆ 6 things from my San Francisco trip reveal which stocks are AI winners
▼ + stars: | 2024-09-22 | by ( Jim Cramer | ) www.cnbc.com time to read: +14 min

Almost everyone else seems to want to deploy AI in some meaningful way but don't seem to know how. It's available on HP 's AI personal computers right now but hasn't really attracted a lot of interest yet — good for Club company Best Buy 's forward earnings. For some companies, companies like CVS , this is a no brainer. One that can build things or get things or just give you a cup of your coffee. I don't know what will happen to people who are doing this now.

Persons: Jensen Huang, Marc Benioff, Copilot, hasn't, Uber, San Francisco —, Amazon's, Benioff, Benioff's, Agentforce, Tesla, Elon, Donald Trump, Pat Gelsinger, gunning, Lisa Su, Jensen, Su, wasn't, Nvidia's Blackwell, Blackwell, Mike Sievert, Jim Cramer's, Jim Cramer, Jim, Carlos Barria Organizations: Microsoft, Club, Nvidia, Oracle, HP, Devices, AMD, Saks Fifth, CVS, Siemens, Starbucks, Intel, Qualcomm, Arm Holdings, Enterprise, Constellation Energy, GE Vernova, Apple, Mobile, Jim Cramer's Charitable, CNBC Locations: San Francisco, Atlanta, Austin , Texas, Dreamforce, bailiwick, Eaton, Dover, California

☆ Britain's ultra-wealthy are threatening to exit en masse ahead of proposed tax changes
▼ + stars: | 2024-09-20 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +9 min

They're just a few of the destinations trying to lure away the U.K.'s uber wealthy ahead of proposed changes to the country's divisive non-dom tax regime. They will also be prevented from avoiding inheritance tax on assets held in trust. The majority (83%) cited inheritance tax on their worldwide assets as their key motivator for leaving, while 65% also referenced changes to income and capital gains tax. Where the wealthy are movingIt comes as other countries are shaking up their tax regimes to incentivize wealthy investors. Ultra-wealthy U.K. citizens, who are typically highly active in the super-prime market, are also in "wait and see" mode ahead of possible changes to capital gains and inheritance tax.

Persons: Keir Starmer, Rachel Reeves, Macleod, Miller, they'll, Leslie Macleod, Helena Moyas de Forton, Moyas de Forton, Labour's, Alexander Spatari, I'm, Marcus Meijer, Mark, CNBC's, it's, James Myers, Oliver James, Myers, Knight Frank, Stuart Bailey, Knight Frank's, they're, Bailey Organizations: Old Bond, Pawel, Bank, Getty, Labour, Oxford Economics, Conservative, Investors, Britain, CNBC, Treasury, EMEA, Christie's, Estate, Henley & Partners, Monaco, London, Istock Locations: Old, Mayfair, London, United Kingdom, Monaco, Italy, Switzerland, Dubai, They're, Britain, Greece, Malta, Caribbean, Bahamas, Monte Carlo, Gibraltar, South Kensington, England

☆ 8 Midwest chains we wish were available nationwide
▼ + stars: | 2024-09-19 | by ( Zoë Miller | ) www.businessinsider.com time to read: +1 min

Some of the most beloved fast-food chains in the US are based in the Midwest. The Midwest is also home to a few non-burger chains like Graeter's Ice Cream and Runza. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Here are some fast-food chains from the Midwest that we wish were available across the country. Note: Some of these chains have a few locations outside the Midwest, but since they're based in the Midwest and primarily serve that region of the US, they're included on this list.

Persons: —, it's, they're Organizations: Service Locations: ButterBurgers, Midwest

☆ CNBC Daily Open: Tech might not be the biggest beneficiary of rate cuts
▼ + stars: | 2024-09-17 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Gary Hershorn | Corbis News | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineTechnology stocks benefit the most from low interest rates, conventional market wisdom says. When rates are low, that proposition appears attractive because returns are low elsewhere. This implies investors have been moving out of tech to other sectors that might experience tailwinds amid lower rates.

Persons: Gary Hershorn, Goldman Sachs, Christopher Barto, It's, CNBC's Hakyung Kim, Pia Singh, Yun Li Organizations: Trade Center, Corbis, CNBC, Nvidia, Meta, U.S . Federal, VanEck Semiconductor, Nasdaq, Dow Jones, Fort Pitt Capital Locations: Manhattan, Jersey City , New Jersey

☆ CNBC Daily Open: Rate cuts might not benefit tech the most
▼ + stars: | 2024-09-17 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Record close for DowThe S&P 500 and Dow Jones Industrial Average rose on Monday, with the Dow notching a record close. Next move for the BOJThe Bank of Japan won't be raising interest rates at its September meeting, according to a CNBC survey of 32 analysts. [PRO] "Golden age of fixed income"The U.S. Federal Reserve is poised to cut interest rates this week.

Persons: Shaktikanta Das, Biden, Rick Rieder Organizations: Trade Center, CNBC, Dow, Dow Jones, Nasdaq, Nikkei, U.S ., Midea Group, Hong Kong, Bank of Japan, Bank of India, Intel, U.S . Federal Locations: Manhattan, Jersey City , New Jersey, Asia, Pacific, Hong

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