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☆ Oil prices jump again as explosion at Gaza hospital jacks up tensions in the Middle East
▼ + stars: | 2023-10-18 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

The flare-up came after an explosion at a Gaza hospital fueled investors’ fears that the crisis in the Middle East will escalate. AdvertisementAdvertisementOil prices flared up again Wednesday after a devastating explosion at a hospital in Gaza fueled investors' fears that the ongoing crisis in the Middle East will escalate. The commodity's next move will be driven by how Joe Biden responds to the hospital explosion, according to analysts. "Oil prices rallied 2% following the deadly explosion at the Gaza hospital as it boosts tensions across the Middle East just before the arrival of US President Joe Biden," deVere Group CEO Nigel Green said. AdvertisementAdvertisement"Clearly, the US is a major influence in the Middle East due to its economic interests, military presence, national security concerns, strategic alliances, and diplomacy efforts," he added.

Persons: Brent, —, Joe Biden, Biden, Jordan, Nigel Green, – Organizations: Service, West Texas, Hamas Locations: Gaza, Israel, Palestine, Iran, Saudi Arabia, East

And based on what I’ve seen, it appears as though it was done by the other team, not you. And Americans are worried,” Biden told Netanyahu as they began a bilateral meeting, acknowledging the complex dynamic. Hospital blast looms over tripThe trip comes less than a day after a horrifying blast at Al-Ahli Baptist Hospital in Gaza City. Biden landed in Israel on October 18, on a solidarity visit following Hamas attacks that have led to major Israeli reprisals. “The Jews have been subject to abuse, prejudice and attempts to wipe them out for, oh, God, over a thousand years,” Biden told interviewer Scott Pelley.

Persons: Joe Biden, ”, Biden, Israel –, Benjamin Netanyahu –, ” Biden, Netanyahu, “, ” Netanyahu, Israel, you’ve, King Abdullah II of Jordan, Abdel Fattah el, Mahmoud Abbas, –, Abbas, Benjamin Netanyahu, Evan Vucci, Israel “, Isaac Herzog, CNN Israel readies, Brendan Smialowski, BRENDAN SMIALOWSKI, Brednan Smialowski, it’s, John Kirby, Netanyahu’s, ’, ” Kirby, Scott Pelley, It’s Organizations: CNN, Israel, Tel Aviv Wednesday, Ahli Baptist Hospital, Palestinian, Defense Intelligence Agency, Malaysia Airlines Flight, Hamas, Air Force, Israeli, United, ” Israel, Tel Aviv's, Getty, National Security, Advisers Locations: Israel, Gaza City, Gaza, Tel Aviv, United States, Iran, Jordan, Al, Ahli, Jihad, Russian, Ukraine, Egypt, Tel Aviv's Ben Gurion, AFP, –, Dachau

We are buying 75 shares of Morgan Stanley (MS), at roughly $73.79 apiece. Following Wednesday's trade, Jim Cramer's Charitable Trust will own 1,475 shares of MS, increasing its weighting in the portfolio to 3.87% from 3.68%. Shares of Morgan Stanley were down roughly 8% in midday trading Wednesday — hitting a new 52-week low — after the bank reported mixed third-quarter results before the opening bell. Morgan Stanley management has a target of adding $1 trillion in net new assets every three years. And with $235 billion in net new assets over three quarters, Morgan Stanley is still on track to reach its goal.

Persons: Morgan Stanley, Jim Cramer's, Morgan Stanley's, –, they've, James Gorman, Jim Cramer, Jim Organizations: Federal Reserve, CNBC, Getty

☆ Inter Miami suffers bruising defeat with Lionel Messi absent again through injury
▼ + stars: | 2023-10-05 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —Inter Miami suffered a chastening Major League Soccer defeat by Chicago Fire on Wednesday – losing 4-1 – with talisman Lionel Messi missing through injury yet again. Messi has now missed the last four matches and his team has struggled to fill the gap left by the 36-year-old forward. Late last month, Miami manager Gerardo Martino said Messi was dealing with an old scar tissue problem. Michael Reaves/Getty ImagesWith doubts around whether Messi would play the match at Chicago’s Soldier Field, the hosts offered fans a financial incentive to attend. “I understand the expectation in Chicago, like there’s been in other places, but when a player isn’t in condition to play, he can’t play.

Persons: Lionel Messi, Messi, Gerardo Martino, Xherdan, Maren Haile, Selassie, Josef Martínez, Martino, ”, Michael Reaves, there’s, “, wasn’t Organizations: CNN — Inter Miami, Major League Soccer, Chicago Fire, –, English Premier League, Chicago, Miami, Eastern Conference, MLS, ” Inter Miami, Chicago’s, Inter, FC Cincinnati Locations: Miami, Chicago, United States

☆ US fall weather: Temperatures are about to come crashing down with a dramatic pattern change
▼ + stars: | 2023-10-04 | by ( Mary Gilbert | ) edition.cnn.com time to read: +4 min

CNN —A dramatic change is on the way as a robust cold front delivers the first hefty dose of fall weather by the weekend, sending temperatures tumbling by as much as 35 degrees. Temperatures 10 to 15 degrees above normal October levels will be common through Thursday across the Great Lakes and Northeast. Overnight low temperatures will also plummet behind these fronts. Low temperatures in the upper 30s to low 50s are likely across the north-central US and Midwest by Saturday morning, and in the Northeast by Sunday morning. Rain and storms to accompany frontsThe dramatic cooldown won’t be the only noticeable weather change this week.

Persons: haven’t Organizations: CNN, Cleveland, Midwest, Sunday, US Drought Monitor Locations: Gulf Coast . States, Louisiana, Midwest, Minnesota, Michigan, Lakes, New York, Minneapolis, Detroit, Philadelphia, New York City, North Dakota, Wisconsin, Gulf, Texas, Oklahoma

Again, Republicans have not produced evidence that Joe Biden got paid in any of these arrangements. Jim Jordan falsely claims Hunter Biden said he was unqualified for Burisma boardRepublican Rep. Jim Jordan of Ohio repeated a false claim about Hunter Biden that CNN debunked when Jordan made the same claim last week. “We learned yesterday, in the search warrant…examining Hunter Biden electronic communications, they weren’t allowed to ask about Political Figure 1,” Jordan said. Facts First: Mace’s claim is false; we do not “already know” that Joe Biden took any bribe. Burchett on Hunter Biden’s taxesRep. Tim Burchett, a Tennessee Republican, falsely claimed that Hunter Biden never paid taxes on his foreign income.

Persons: Joe Biden –, Biden, James Comer, Joe Biden’s, Joe Biden, ” – Hunter, –, Hunter Biden –, Hunter Biden, Jim Jordan, Jordan, “ Hunter Biden’s, ” Jordan, wasn’t, “, Boies Schiller, ” Biden, ”, wasn’t Biden, Hunter, Trump’s, David Weiss, Weiss, Joe Biden weren’t, Hunter Biden Comer, Comer, Hunter Biden’s, Abbe Lowell, Lowell, ” Lowell, Ian Sams, ’, ” Comer, Nancy Mace, Jonathan Turley, Republican Sen, Chuck Grassley, Donald Trump, Burisma, Mykola Zlochevsky, Devon Archer, Archer, Zlochevsky’s, embellishing, Burchett, Tim Burchett, Hunter Biden “, doesn’t, “ Who’s, ” Burchett, Byron Donalds, James Biden, Alexandria Ocasio, Cortez, Byron Donalds of, Donalds, wouldn’t, James Biden’s, ” Donalds, Pat Fallon, Dad, ‘, Fallon Organizations: CNN, Republican, Republicans, Post, Burisma Holdings, ABC News, Biden, ABC, Amtrak, UN, Food, Eastern, Justice, House Republicans, Justice Department, Department, Trump, GOP, United, Democratic, FBI, George Washington University, Biden ”, Tennessee Republican, IRS, Rep, Wednesday, New Yorker Republican, Yorker Locations: Washington, Ukraine, China, Romania, Ohio, Ukrainian, Beijing, United States, Wilmington , Delaware, South Carolina, Burisma, ”, Iowa, Tennessee, Alexandria, Cortez of New York, Byron Donalds of Florida, Texas

☆ Viktor Sokolov, Russian admiral claimed to have been killed in Ukrainian attack, appears in video interview
▼ + stars: | 2023-09-27 | by ( Katharina Krebs Anna Chernova Clare Sebastian | Katharina Krebs | Anna Chernova | ) edition.cnn.com time to read: +3 min

Viktor Sokolov, commander of the Russian Black Sea Fleet, was asked by a reporter in a video about the missile strike on the fleet’s headquarters in Sevastopol, which Ukraine said had killed him. In the video, Sokolov also referred to the “Order of Ushakov” award given to Russia’s 810th Marine Brigade. A video published Tuesday showed Sokolov appearing to attend a Russian defense ministry meeting. Russian Ministry of DefenseIn the Russian footage published Tuesday, a man resembling Sokolov appeared to join the meeting via video conference. But, by the next day, the messaging had changed, with Peskov confirming that Sokolov had attended the defense ministry meeting.

Persons: Viktor Sokolov, “, ” Sokolov, Sokolov, Ushakov, Sevastopol Mikhail Razvozhaev, Sergei Shoigu, Dmitry Peskov, ” Peskov, Rustem Umerov, CNN’s Christiane Amanpour, ” Umerov, Amanpour, Crimea – Organizations: CNN, Zvezda News, 810th Marine Brigade, Russian Ministry of Defense, Black, Fleet, Kremlin, Ministry of Defense, Kyiv Tuesday, Ukrainian Special Operations Forces, ЧФ Locations: Ukraine, Crimea, Russian, Sevastopol, Moscow, Russia

☆ GOP shutdown politics rock Washington as Trump and Biden head for a swing-state showdown
▼ + stars: | 2023-09-25 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —President Joe Biden and his Oval Office predecessor, Donald Trump, are about to wage the most direct showdown yet of their possible rematch as far-right House Republicans drive the nation to the brink of a government shutdown. Trump, seeking to sow dysfunction on Biden’s watch and advance his political goals as the GOP front-runner for 2024, is goading his loyalists to shut Washington down. Michigan – which Trump won in 2016 but Biden pulled back into the Democratic column in 2020 – will again be a vital general election state. With the political heat over a potential shutdown rising, Transportation Secretary Pete Buttigieg toured Sunday political talk shows to pressure Republicans. He wrote on his Truth Social network that the shutdown was the “last chance to defund these political prosecutions against me and other Patriots.

Persons: Joe Biden, Donald Trump, Kevin McCarthy, Trump, Biden, ”, –, Nikki Haley, Ron DeSantis, Ronald Reagan, Hunter Biden’s, New Jersey Sen, Robert Menendez, illegalities, Trump’s, McCarthy, Tim Burchett, Dana Bash, ” McCarthy, he’d, midterms, Pete Buttigieg, “, ” Buttigieg Organizations: CNN, Office, House Republicans, Democratic, White, GOP, United Auto Workers, Trump, Biden, Republican, Former South Carolina Gov, Florida Gov, Ronald Reagan Presidential, New, Senate Foreign Relations, Trump Republicans, California Republican, Russia, Tennessee, Union, Transportation, Patriots, Republicans Locations: Washington, Michigan, Wolverine, Wisconsin, Florida, California, New Jersey, “ State

☆ Oil is heading for $100 a barrel – and that could spoil everything for the Fed
▼ + stars: | 2023-09-20 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Oil prices have been on the rise in recent months and are heading towards $100 a barrel. AdvertisementAdvertisement"Investors are weighing the signals from stronger oil prices, and what it means for inflation, and the signals from the Fed at tonight's rate decision," said Saxo Bank's Peter Garnry ahead of the announcement. Higher oil prices drive up the cost of gasoline and other crude-related products, in turn squeezing the Consumer Prices Index higher. In the 1970s, multiple supply crises in the Middle East led to key benchmarks spiking above $120 a barrel in today's money. That lead economists to coin the term "stagflation," referring to a combination of soaring prices and weak growth that the Fed was unable to fix.

Persons: Brent, Saxo, Peter Garnry Organizations: Federal Reserve, Service, West Texas Intermediate Locations: Wall, Silicon, Russia, Saudi Arabia

☆ Autoworkers strike: What to watch for as the clock ticks down
▼ + stars: | 2023-09-14 | by ( Chris Isidore | ) edition.cnn.com time to read: +7 min

Here’s what to watch as the clock ticks down:Which plants would go on strike? One advantage of a targeted strike for the union is the potential to save resources and extend a possible walkout. Striking union members are eligible for $500 a week from the union’s strike fund. Ford has not had a national strike since 1976 and has not had a strike of any kind at its US plants since 1978. Sometimes after talks break down, the parties can return to the table and reach a deal without a strike.

Persons: Jeff Schuster, ”, Schuster, Shawn Fain, Fain, We’re, –, ’, Ford, Wheaton, Will Organizations: New, New York CNN, United Auto Workers, General Motors, Ford, GlobalData, UAW, GM, Stellantis, Jeep, Dodge, Chrysler, Cornell University’s Industrial, Labor Relations, Warehouse, Writers Guild of America, Alliance, Television Producers, UPS, Teamsters Locations: New York, America, Kokomo , Indiana, Toledo , Ohio, Livonia , Michigan, Stellantis, Buffalo, West

☆ Daniil Medvedev through to US Open semifinals but issues warning after suffering in ‘brutal’ heat
▼ + stars: | 2023-09-06 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —Daniil Medvedev beat compatriot Andrey Rublev to reach the US Open semifinals on Wednesday, but warned that a player might “die” in what he called “brutal” conditions at the tournament. Medvedev triumphed over Rublev in straight sets, 6-4 6-3 6-4, but both players could be seen struggling with the heat inside the Arthur Ashe Stadium. Al Bello/Getty ImagesAfter the victory, Medvedev called the conditions “brutal” and explained that he couldn’t see the ball by the end of the first set. “The only good thing I see in these conditions is that both suffer,” Medvedev said during his on-court interview. I played with sensations.”“I tried to go for it, tried to run and he did the same.

Persons: CNN — Daniil Medvedev, Andrey Rublev, Medvedev, Arthur Ashe, Al Bello, ” Medvedev, “, –, Rublev, Carlos Alcaraz, Alexander Zverev – Organizations: CNN, Medvedev, CNN’s, Rublev, ” Locations: Flushing Meadows

☆ McConnell’s frozen moment renews questions about America’s aged leaders
▼ + stars: | 2023-08-31 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Also in the Senate, California’s Dianne Feinstein, 90, has been ill and displayed apparent cognitive decline in public in recent months. But given that Biden, McConnell and Feinstein are public officials, voters are entitled to a high level of transparency. Biden, for instance, would be 86 by the time his second term ends, which represents his biggest vulnerability in the 2024 election. Remarkably, in an age where major questions divide on party lines, 69% of Democrats shared that view. Should Biden, if he wins a second term, experience a similar moment to McConnell, questions about the continuity of US leadership would reverberate around the world and offer openings for US adversaries.

Persons: Mitch, “, Joe Biden, Donald Trump, California’s Dianne Feinstein, Feinstein, –, Strom Thurmond, Robert Byrd of, Biden, McConnell, Jonathan Reiner, CNN’s Erica Hill, ”, Reiner, Trump, Karine Jean, Pierre, CNN’s Jake Tapper, Tapper, Jean, Nikki Haley, – Trump, Haley, Kamala Harris, Harris, ” Haley, Nancy Pelosi, Steny Hoyer, Ruth Bader Ginsburg, they’ve, Sen, Shelley Moore Capito, CNN’s Manu Raju, John Thune, McConnell “, Jim Banks, CNN’s Raju, Sprightly Iowa GOP Sen, Chuck Grassley, who’s Organizations: CNN, Kentucky Republican, Senate, George Washington University, United States Senate, Associated Press, White, White House, Former South Carolina Gov, GOP, Republicans, Biden, Fox News, Democratic, Supreme, Labor, West Virginia Republican, Republican, prudential, Indiana, Sprightly Iowa GOP, California Democrat, Capitol Locations: Kentucky, South Carolina, Robert Byrd of West Virginia, Rehoboth Beach , Delaware, Ukraine, Washington, Dakota, Sprightly Iowa, California, It’s

CNN —Florida is bracing for “major impact” as Tropical Storm Idalia is expected to rapidly strengthen into a powerful Category 3 hurricane and aim for its Gulf Coast, threatening dangerous storm surge and winds, authorities said. “Idalia could become a hurricane later this morning, and is forecast to become a major hurricane by early Wednesday,” the National Hurricane Center said. The Florida National Guard activated: More than 5,000 National Guard members were activated to help respond to the storm. Idalia posed a “notable risk” of this phenomenon, the National Hurricane Center warned Monday, as it travels through the Gulf of Mexico. Cedar Key could be cut off by the high storm surge, National Hurricane Center Deputy Director Jamie Rhome said.

Persons: Idalia, “, Ron DeSantis, It’s, Taylor, DeSantis, ” Barbara Tripp, ” Tripp, Ian —, Chris O'Meara, Jamie Rhome, “ I’m, ” Rhome, Andrew Kruczkiewicz, ” Organizations: CNN, Sunshine State, National Hurricane Center, ”, Carolinas, Tampa International, Pete, Clearwater International, Florida State University, University of Florida, M University . Emergencies, DeSantis, Florida National Guard, National Guard, US Navy, Navy, ., Pasadena Hospital, HCA, HCA Florida Trinity West Hospital, HCA Florida West Tampa Hospital, Tampa Fire, Facebook, National Oceanic, Atmospheric Administration, Columbia, Climate Locations: Florida, Gulf, Bend, Tampa, Tallahassee, Cuba, Mexico, Georgia, Carolinas, Hillsborough, Franklin, Levy, Citrus, Manatee, Pasco, Hernando, Pinellas, Sarasota, HCA Florida, Gulf of Mexico, Tampa , Florida, Big, Idalia

☆ What Putin will take away from the first Republican presidential debate
▼ + stars: | 2023-08-24 | by ( Stephen Collinson | ) edition.cnn.com time to read: +6 min

CNN —If Vladimir Putin was watching the Republican presidential debate on Wednesday night, he would have found one more reason to dig in for a long war of attrition in Ukraine. Entrepreneur Vivek Ramaswamy acted as Trump’s stand-in, mining a deep seam of skepticism over the war among GOP grassroots voters. Chris Christie, who recently returned from Ukraine, warned: “This is the Vladimir Putin, who Donald Trump called brilliant and a genius. The debate underscored one of the tragedies of the war for Ukraine. They can’t control what Putin does, which means their fate will also be on the ballot in the US in 2024.

Persons: Vladimir Putin, Donald Trump’s “, Ronald Reagan, Volodymyr Zelensky’s, Joe Biden, Trump, Ukraine’s, Biden, Vivek Ramaswamy, ” Ramaswamy, Ramaswamy, he’s, –, Chris Christie, Donald Trump, ”, Nikki Haley, Ukraine –, “, Haley, Mike Pence, Pence, Putin, it’s, ” Pence, Ron DeSantis, DeSantis, ” DeSantis, you’re, I’m Organizations: CNN, Republican, GOP, “, Former New Jersey Gov, United, Ukraine, Republicans, South, ”, Russia, China, Putin, NATO, Trump, Florida Gov Locations: Ukraine, Milwaukee, “ Ukraine, United States of America, Iraq, Vietnam, China, Russia, South Carolina, America, United States, Florida

CNN —Former President Donald Trump has attracted a lot of attention for his lead in the polls and the money race, but he’s also already ahead in an essential area that’s gotten less notice: the delegate process. Republicans often point to Jeff Roe, who is leading the pro-DeSantis super PAC, as an expert on the delegate process. The delegate process rivalry between DeSantis and Trump speaks to the overall strategy of many of these campaigns. Trump’s state party advantageIn 2016, the idea that Donald Trump would eventually have deep roots with state Republican party officials seemed outlandish. The Trump campaign denies the former president ever made such a comment.

Persons: Donald Trump, he’s, Ron DeSantis, –, Simply, Trump, DeSantis, Chris Christie’s, Sen, Tim Scott’s, Christie, Scott, Trump’s, Chris LaCivita, Susie Wiles, Brian Jack, Texas Sen, Ted Cruz, Jeff Roe, Ken Cuccinelli, LaCivita, Ken Cuccinelli –, Cuccinelli, Cruz, “ There’s, ” LaCivita, “ We’ll, “, ”, ” Cuccinelli Organizations: CNN, Republican, Flordia, Trump, Republican National Committee, New, New Jersey Gov, RNC, Advisers, Republicans, DeSantis, Republican National Convention, GOP, White, Party, Michigan Republican Party, Trump’s Department of Homeland Security Locations: New Jersey, Louisiana, Texas, headwinds, California , Massachusetts , Idaho , Colorado, Nevada, Michigan

☆ Analysis: Donald Trump's expected Georgia surrender and debate no-show shatter campaign conventionality
▼ + stars: | 2023-08-21 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

The GOP front-runner is expected to surrender, potentially for fingerprinting and a mug shot, on Thursday or Friday, a senior law enforcement source told CNN. His legal quagmire is likely to yet again dominate the GOP race, drowning out rivals who have so far largely failed to exploit Trump’s four indictments. It’s a tactic that appears to be working among GOP primary voters given his wide polling lead thus far. Ron DeSantis – announced that, as expected, he’d skip the debate in Milwaukee. Asa Hutchinson, said on CNN’s “State of the Union” on Sunday that Trump’s legal troubles will force every Republican on the debate stage to show their hand.

Persons: Donald Trump, –, That’ll, Trump, he’s, quagmire, Joseph Stalin, Mao Zedong, Joe Biden’s, Fani Willis, Biden, Ron DeSantis –, ” Trump, “, Chris Christie, Asa Hutchinson, ”, “ Donald Trump, ” Hutchinson, Kasie Hunt, Christie, Hutchinson, Tucker Carlson, Larry Hogan Organizations: CNN, GOP, Trump, Post, Republican, CBS News, Florida Gov, Truth, New, New Jersey Gov, CBS, Arkansas Gov, Fox, Maryland Gov Locations: Atlanta, Georgia, Fulton County, Milwaukee, Fulton, Florida, Manhattan, Wisconsin, New Jersey, Arkansas, “ State

☆ Would a conviction sink Trump? These Republicans are convinced
▼ + stars: | 2023-08-21 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +8 min

The question alarming many Trump-skeptical Republicans this week is whether Americans would ever send a convict to the White House. Sununu dismissed national polls that show Trump’s support among Republicans well over 50% and said to look at polling in early contest states. A new poll in Iowa by the Des Moines Register/NBC News/Mediacom suggests Trump has the support of 42% of likely Republican caucusgoers. Opposing views of Trump’s supportCNN’s Harry Enten looked at that Iowa poll and argues that much of Trump’s support is committed. Two-thirds of the likely caucusgoers who say they will support Trump also say their mind is made up.

Persons: Trump, J, Michael Luttig, Joe Biden, ”, Sen, Bill Cassidy, Cassidy, couldn’t, Scott Jennings, Jennings, Luttig, Tucker Carlson, It’s, Chris Sununu, …, ” Sununu, Joe Biden’s, Trump’s, bilking, Franklin Delano Roosevelt, Sununu, That’s, caucusgoers, Ron DeSantis, South Carolina Sen, Tim Scott, Harry Enten, What’s, Donald Trump can’t, –, ” Enten, Biden, “ Donald Trump Organizations: CNN, Trump, New, Louisiana Republican, Republicans, Republican, White, Quinnipiac University, GOP, –, Fox News, New Hampshire Gov, The New York Times, statehouse, Sunday, Democratic Party, Des Moines Register, NBC, caucusgoers ., caucusgoers . Florida Gov, South Locations: Atlanta, Milwaukee, New York, Florida, Iowa, New Hampshire, Washington ,, Georgia, Louisiana, “ State, America, “ Both Iowa, caucusgoers . Florida, South Carolina, caucusgoers

☆ Falling prices in China could be a blessing in disguise for the world economy's ongoing fight against inflation
▼ + stars: | 2023-08-09 | by ( George Glover | ) www.businessinsider.com time to read: +4 min

But falling prices there could end up being good news for the rest of the world. However, falling prices there aren't necessarily bad news for everyone else. In China, prices are falling rather than risingData from the National Bureau of Statistics published Wednesday showed China's factory-gate prices, as measured by the producer price index, plunging 4.4% year-on-year in July for a tenth straight month of declines. Falling prices in the world's second-biggest economy could "give central bankers in the US, UK and Europe pause for thought when they weigh up their next steps," according to AJ Bell investment director Russ Mould. So deflation in China might end up being bad news for Beijing – but a blessing in disguise for the rest of the world.

Persons: it's, China's, Hargreaves Lansdow n's, Steve Lansdown, AJ Bell, Russ Mould Organizations: Service, Privacy, Apple, Nike, Federal Reserve, National Bureau, Statistics, Beijing, Bank of England Locations: China, Wall, Silicon, Beijing, West, Saudi Arabia, Russia, Ukrainian

☆ Oil prices are finally rallying. Here's what it means for three key energy stocks
▼ + stars: | 2023-07-27 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +7 min

A long-awaited rally in crude oil prices has helped the Club's three oil-and-gas companies become some of our top-performing stocks over the past month. Brent crude, the global oil benchmark, and West Texas Intermediate crude, the U.S. oil standard, have both climbed by more than 10% since late June. Energy stocks linked to crude — including Club names Halliburton (HAL), Coterra Energy (CTRA) and Pioneer Natural Resources (PXD) — have risen on oil's fortunes. U.S. producers also have shown restraint, Kumar told CNBC, with domestic crude production hovering around 12.3 million barrels per day all year . Moreover, a year-over-year drop in U.S. rig counts points to "a bit of a decline in oil production" down the road, Kumar said.

Persons: we're, Brent, Cowen, Jason Gabelman, Gabelman, Truist's Neal Dingmann, Dingmann, Mizuho, Nitin Kumar –, –, Kumar, Baker Hughes, Goldman Sachs, Halliburton, Ukraine —, Truist's Dingmann, Jim Cramer's, Jim Cramer, Jim, Suzanne Cordeiro Organizations: West Texas, Halliburton, HAL, Coterra Energy, Natural Resources, Bausch Health, CNBC, Bloomberg, of Petroleum, Wall, AFP, Getty Locations: U.S, Saudi Arabia, Russia, OPEC, Ukraine, Texas, New Mexico, Stanton , Texas

☆ Shinjiro Atae comes out as gay as Japan faces pressure to pass pro-LGBTQ+ legislation
▼ + stars: | 2023-07-27 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +2 min

CNN —Japanese pop star Shinjiro Atae announced that he is gay on Wednesday – a bold move for such a public figure in Japan, a the country still does not recognize same-sex unions. I am a gay man.”His post continued, “It has taken me a long time to be able to say I am gay. Known today for his solo music, Atae was previously a member of the co-ed Japanese super-group AAA (Triple A) for over a decade. The group originally debuted in 2005 when Atae was just 14. The news of Atae’s coming out comes at a tenuous time in Japan, as the country faces increasing pressure from other Group of Seven (G7) nations to allow same-sex marriage.

Persons: Shinjiro Atae, Atae, ” Atae, “, ”, I’ve Organizations: CNN, Pride House, ReBit, AAA, Triple Locations: Japanese, Japan, “

CNN —Smoke from more than 1,000 wildfires burning across Canada has wafted over the northern US, bringing poor air quality and pollution that threaten residents’ health to northern US cities including Chicago, Illinois, and Minneapolis, Minnesota. The bulk of the country’s wildfires are burning in British Columbia, where more than 460 fires are ongoing, the agency reports. The EPA in Illinois has declared an “Air Pollution Action Day” through Tuesday due to the “persistent” wildfire smoke causing elevated air pollution in the region. Wildfire smoke is packed with tiny pollutants – known as particulate matter – that can infiltrate the lungs and blood stream if inhaled. Hundreds of British Columbia’s fires have been ignited by lightning strikes from thunderstorms, according to the British Columbia Wildfire Service.

Persons: Wednesday – Organizations: CNN, Canadian Interagency Forest Fire, National Weather Service, Wednesday, US Centers for Disease Control, Prevention, Canada, British Columbia, Canadian Armed Forces, Public Safety Canada, British Columbia Wildfire Service Locations: Canada, Chicago , Illinois, Minneapolis , Minnesota, Chicago , Minneapolis, Detroit , Michigan, Great, British Columbia, Michigan, Minnesota , Wisconsin , Illinois, Indiana, Montana, Vermont, Alabama, Midwest, Minneapolis, Chicago, Illinois, Wisconsin, Europe, Australia, Brazil, British

Strands of hair were key in the investigationStrands of hair were among the key evidence that helped investigators bring Heuermann into custody. In addition, female hair now believed to be from Heuermann’s wife was found on or near three of the victims, prosecutors allege in the bail application. On Wednesday – less than a week since Heuermann’s arrest – his wife, Asa Ellerup, filed for divorce, her attorney said. Ellerup “and her family are going through a devastating time in their lives,” a Thursday statement from her attorneys said. “The sensitive nature of her husband’s arrest is taking an emotional toll on the immediate and extended family, especially their elderly family members.”“Ms.

Persons: Rex Heuermann, Heuermann, Melissa Barthelemy, Megan Waterman, Amber Lynn Costello, Maureen Brainard, Barnes, Ray Tierney, Heuermann’s, Rodney Harrison, CNN’s Erica Hill, “, ” Harrison, –, Asa Ellerup, Ellerup “, ”, ” “, Ellerup Organizations: CNN, New York City, Suffolk County Police Locations: , New York, New York, Suffolk County, Long, Massapequa

☆ The brain drain at tech companies is already bad and as Elon Musk's poaching of AI experts shows, it's only going to get worse
▼ + stars: | 2023-07-13 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

A brain drain among tech companies brain is underway right now, driven by the popularity of AI. Tech firms are pretty obsessed with AI right now. Even before ChatGPT's launch, Google workers seemed fed up and decided to jump ship to OpenAI to help launch ChatGPT. Meanwhile, Musk's somewhat modest ambition for his new AI company to "understand the true nature of the universe" could prove alluring to tech bros who think that's what AI should be used to accomplish. Tech firms will want to ensure their AI projects make them the top pick.

Persons: Elon, xAI, Elon Musk, Google –, Igor Babuschkin, Manuel Kroiss, Guodong Zhang, Yuhuai Wu, Zihang Dai, Christian, Kyle Kosic, chatbot Bard, OpenAI's, haven't, Shona Ghosh, isn't, there's Organizations: Workers, Elon Musk's, Morning, Tech, Google, ChatGPT, Microsoft Locations: Silicon, America

A version of this story appeared in the June 23 edition of CNN’s Royal News, a weekly dispatch bringing you the inside track on Britain’s royal family. London CNN —He’s heir to the British throne, is married to Catherine, Princess of Wales and is the father of a crowd-pleasing trio. But how much do you really know about the man who now holds the title of Prince of Wales? William and Kate carry takeout pizza boxes as they visit Dowlais Rugby Club in Merthyr Tydfil, Wales on April 27. Max Mumby/Indigo/Getty ImagesOne takeaway from William’s rare newspaper interview is how confident he is in the direction of his work.

Persons: London CNN —, Catherine , Princess of, Prince of Wales, –, William, It’s, ”, Gary, Marc, Arthur Edwards, We’ve, He’s, it’s, “, ” William, King, Kate, Max Mumby, Prince, Wales, we’ve, We’ll Organizations: CNN’s Royal, London CNN, Sunday Times, Times, Dowlais Rugby Club Locations: London, Catherine , Princess of Wales, United Kingdom, Cornwall, Merthyr Tydfil, Wales, Britain

☆ Blinken to travel to China this weekend as US looks to reset relations after spy balloon incident
▼ + stars: | 2023-06-14 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +5 min

CNN —US Secretary of State Antony Blinken will travel to Beijing this weekend, the State Department announced on Wednesday – a significant trip that comes as the Biden administration navigates its complicated relationship with China. Blinken was originally set to travel to Beijing in early February, but postponed his trip due to a Chinese spy balloon transiting the US. Blinken will be the first Cabinet official to travel to China under the Biden administration, and the first since 2019. Blinken will ‘advocate strongly’ for military to military communicationsPrior to the public announcement of the trip, Blinken spoke by phone with Chinese Foreign Minister Qin Gang. Campbell told reporters that Blinken will “advocate strongly” for the need for appropriate military to military communications.

Persons: Antony Blinken, Biden, Blinken, “, Pacific Affairs Daniel Kritenbrink, ”, Jake Sullivan, Kritenbrink, Kurt Campbell, Matthew Miller, Xi Jinping, Campbell, Qin Gang, Qin, ” Kritenbrink, ” Campbell, National Defense Li Shangfu, Defense Lloyd Austin, “ We’ve, Mark Swidan, Kai Li, David Lin Organizations: CNN, State Department, State, East Asian, Pacific Affairs, National, “, Foreign, Ministry, China’s, National Defense, Defense Locations: Beijing, China, United States, Taiwan, Ukraine, Russia, Singapore

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