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Jane Street is one of Wall Street's most lucrative trading firms. Some internships at the firm offer a base salary equivalent to $250,000 annually. AdvertisementLucrative trading firm Jane Street is one of Wall Street's leading market-makers. In a sign of its success, Jane Street currently has 58 job vacancies in its New York office. AdvertisementA quantitative researcher internship, which runs from May to August, offers a base salary of $250,000 annually.
Persons: Jane, , Jane Street, Jane Street's, Sam Bankman, Caroline Ellison, Fried, Donald Trump's, Glassdoor, Goldman Sach, JP Morgan Organizations: Service, Bloomberg, Financial Times, World Trade Center, Alameda Research, Jane, JPMorgan, Barclays, FT Locations: New York, Hudson, Alameda
A next generation agendaGITEX GLOBAL will span 40 halls across two locations, bringing together the entire international technology community to set the global agenda for the future AI economy. With the global AI market projected to reach $2.7 trillion by 2032, the event will showcase the latest advancements driving this remarkable growth. GITEX GLOBAL 2024 AGENDA MONDAY: TECH INVESTMENT DAY - Explore the latest investment trends that are reshaping global wealth. In addition, the World Future Economy Digital Leaders Summit will see global innovators and influential leaders address critical priorities shaping the future of technology. By bringing together diverse stakeholders from across the globe, the event is poised to shape the future of the AI economy and reinforce Dubai’s vision of becoming a global tech hub.
Persons: Martin Pfeiffer, Fabrizio del Maffeo, Alexander Zhavoronkov, Dr, Diane Janosek, Brett Johnson, Ekaterina Serban, Surinder Organizations: Dubai World Trade, Dubai Harbour, TECH, Tech, Google, Huawei, IBM, Microsoft, Nvidia, Oracle, European NVIDIA, , InSilico, supercomputing, UAE Cybersecurity Council, TCB, National Security Agency, Pentagon, Bosch, Paramount Locations: Dubai, European, Hong Kong
Adam Gray | Afp | Getty ImagesA political action committee supporting former President Donald Trump has raised about $7.5 million in cryptocurrencies. The PAC said the latest filing covered donations in the period of July 1 through Sept. 30, but numbers included cumulative contributions. At least 18 donors gave more than $5.5 million in bitcoin to Trump 47, the filing shows. Trump said in his keynote that his campaign had raised $25 million from the crypto industry, though he didn't specify the split between digital tokens and dollar donations. Among the new donors is Chase Herro, one of the co-founders of the Trump family's new crypto project World Liberty Financial.
Persons: Eric Trump, Donald Trump, Donald Trump , Jr, Adam Gray, Andreessen Horowitz, Lockheed Martin, David Bailey, bitcoin . Bailey, indoctrinated Trump, Trump, Chase Herro, Mike Belshe, Brian Murray, Craft, David Sacks, Trevor Traina, Bruce Fenton, Gary Cardone, Stuart Alderoty, Alderoty, Sacks, Chris Larsen, Kamala Harris, Forward, Larsen, Gary Gensler, Biden, Marvin Ammori, Tyler, Cameron Winklevoss Organizations: Republican, World Trade, Afp, Getty, Trump, U.S, GOP, PAC, Public Citizen, Lockheed, Duthie Power Services, Esperanza Entertainment, BTC Inc, Liberty Financial, Craft Ventures, Kresus Labs, Chainstone, Cardone Digital Ventures, CNBC, White, SEC, Biden, Harris Locations: New York City, cryptocurrencies, Puerto Rico, bitcoin ., Nashville, bitcoin, XRP, San Francisco, Harris, Bay
A pro-Palestinian protest erupted outside of the New York Stock Exchange on Monday. There was no disruption to trading and none of the protestors appeared to make it to the historic trading floor. NYSE security fences off a perimeter area outside of the exterior of the building on Broad street in lower Manhattan. According to video shared on social media, the group, called Jewish Voice for Peace, broke into that area and protestors were chaining themselves to the security fence and some exterior doors. The exchange has had heavy security in place since the 9/11 attacks on the World Trade Center buildings nearby.
Persons: , Bob Pisani Organizations: New York Stock Exchange, Peace, NYSE, World Trade Center Locations: Manhattan, Israel, Gaza
Trade tensions, too, have resulted in tariffs and affected world trade in certain goods. The market for companies in this space is driven by the volume of global trade, and this so-called supply chain "complexity," Goldman noted. It sees some stocks as being able to benefit from higher supply chain "complexity." Freight-forwarding firms such as DSV , DHL Forwarding and Kuehne+Nagel are "well-placed to help their clients navigate higher complexity and shocks," Goldman said. Container lines such as Cosco, Maersk and Hapag-Lloyd are less directly exposed to the higher supply chain complexity, said Goldman.
Persons: Goldman Sachs, Goldman, deglobalization, Nagel, Lloyd, — CNBC's Michael Bloom Organizations: U.S ., Logistics & Shipping, Logistics, DHL, Goldman, Express, Fedex, UPS, Maersk, Hapag Locations: U.S . East Coast, Gulf Coast
Much of the office market may be mired in a downturn, but demand has been strong for high-end space. New office construction has dropped off sharply, leading to a potential upcoming shortage. That demand has persisted even as office construction has been stifled by higher interest rates and inflation, which have pushed up costs. Worries over the health of the office market have also made lenders reluctant to finance new development. 8 million square feet of that is pre-leased, meaning that there is only about 10 million square feet of upcoming available top quality space.
Persons: , Hilary Goldfarb, Goldfarb, Crowell, there's, Scott Rechler, Rechler, Vanderbilt, Philippe Visser, CBRE, Visser, Larry Silverstein, Norman Foster, Silverstein, Randolph St, Ross, Stephen Ross, Jordan Rathlev, Rathlev, Jessica Morin, Morin, Banks, RXR, I'm, you'd Organizations: Service, Rockefeller Development, Fifth St, RXR, Skidmore, Owings, Merrill, TF Cornerstone, Grand Central, Citadel, Yards, Companies, Oxford Properties, Hudson, Hudson Yards, KKR, Meta, World Trade Center, American Express, Trade, Related's, Central Locations: Washington ,, Washington, DC, New York, San Francisco, midtown Manhattan, Manhattan, Wells Fargo, BlackRock, Lower Manhattan, Chicago, Fulton, West Palm Beach , Florida, CBRE
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEU cannot remain the only big market open to subsidize Chinese EVs, former WTO director general saysPascal Lamy, vice president at Paris Peace Forum and former director general at the World Trade Organization, discusses the EU vote on Chinese EV tariffs.
Persons: Pascal Lamy Organizations: EU, Paris Peace, World Trade Organization
Aerial view of new energy vehicles at Huaian BYD Industrial Co., Ltd. on August 26, 2024 in Huaian, Jiangsu Province of China. China on Wednesday announced that it has filed an appeal with the World Trade Organization, asking the organization to rule on the recent tariffs that Canada imposed on Chinese electric vehicles and metal products. The ministry said it filed a lawsuit against what it called Canada's "unilateralism and trade protectionist practices" with the WTO, adding that it also launched an anti-discrimination investigation into Ottawa's restrictive measures. These measures will "disrupt and distort the global industrial chain and supply chain," the ministry added. Canada's Ministry of Foreign Affairs did not immediately respond to CNBC's request for comment.
Organizations: Wednesday, World Trade Organization, Union, China's Ministry of Commerce, China, Canada's Ministry of Foreign Affairs Locations: Huaian, Jiangsu Province, China . China, Canada, China, Beijing
New York CNN —CNN, one of the most popular news websites in the world, is starting to ask some of its visitors to pay $3.99 a month for access. The average visitor to CNN’s website, who may only read a few articles a month, will not be prompted to pay at this time. “Only after users consume a certain number of free articles will they be prompted to subscribe,” MacCallum explained. Under previous management, CNN developed a streaming video product called CNN+ in 2022 to create direct-to-consumer relationships with fans of the network. Some content, though, will remain fully accessible without a subscription, including the CNN homepage; breaking news live stories; standalone video pages; and sponsored articles.
Persons: ” Alex MacCallum, , ” MacCallum, Mark Thompson, Thompson, Greg Piechota, ” Piechota, Piechota, Organizations: New, New York CNN, CNN, The New York Times, CNN.com’s, , Warner Bros, Reuters Institute for, Journalism, University of Oxford, International News Media Association, Media Locations: New York, United States
AdvertisementMitchell won the NYC housing lottery over a year ago. Molly Stromoski for NYC Department of Housing Preservation and Development"It's damn near as easy as swiping on a dating app. Molly Stromoski for NYC Department of Housing Preservation and DevelopmentTo qualify for an apartment, each household must meet specific income requirements. Applying for the housing lottery is free, but competition is stiff: According to the HPD, on average, there are 450 applications received per rental unit. AdvertisementShe has a piece of advice for those interested in the housing lottery: Apply, apply, apply.
Persons: Ceronne Mitchell, , Mitchell, you'll, Molly Stromoski, Long, Lacey, It's, There's, I'm Organizations: New, Service, NYC Department of Housing Preservation, Department of Housing Preservation, Housing Development Corporation, Development, World Trade Center, Facebook, New York Locations: New York City, Queens, Brooklyn, NYC, New York, Zillow
Anadolu | Anadolu | Getty ImagesIndia's commerce minister rejected the idea of joining the Regional Comprehensive Economic Partnership, the world's largest trade deal, maintaining that it is not in the country's interest to be part of a free trade agreement with China. Negotiations for the RCEP started in 2013 and initially included India, which some members viewed as a counterbalance to China. However, in 2019, India chose not to join RCEP, citing unresolved "core interest" issues. Goyal noted that at that time, India already had a free trade agreement with ASEAN, Japan and Korea, as well as a bilateral trade with New Zealand worth $300 million. "It was not in our farmers' interest, RCEP did not reflect the aspirations of our small and micro medium industries and sector, and in some form, was nothing but a free trade agreement with China," he said.
Persons: Industry Piyush Goyal, CNBC's Tanvir Gill, Goyal, RCEP Organizations: Anadolu, Getty, Regional Comprehensive Economic, ASEAN, Commerce, Industry, , Association of Southeast Asian Nations, RCEP, New Zealand, Trade, Semiconductor Locations: China, India, Asia, South Korea, Japan, Australia, New Zealand, Korea
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
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
Why Trump’s trade hero turned against tariffs
  + stars: | 2024-09-14 | by ( Zachary B. Wolf | ) edition.cnn.com   time to read: +15 min
Vice President Kamala Harris has lambasted Trump’s tariff plan as a tax, but President Joe Biden has maintained tariffs Trump put in place during his presidency. We used trade policy, or tariffs, as a form of reciprocity, where we said, OK, our tariffs are pretty high. So that’s what led to all these trade agreements, the General Agreement on Tariffs and Trade, GATT, which became the WTO (World Trade Organization), NAFTA (North American Free Trade Agreement) and other free trade agreements that we’ve reached. He began to entertain this idea of reciprocity, of trying to reduce foreign tariffs by offering cuts in our tariffs. How do those tariffs compare with the late 19th century tariffs?
Persons: CNN —, Donald Trump, Kamala Harris, Joe Biden, Biden, Read, Douglas Irwin, Irwin, William McKinley —, Trump, IRWIN, there’s, It’s, we’ve, William McKinley WOLF, William McKinley, McKinley, they’ve, Bush, H.C ., William Jennings Bryan, that’s, they’re, it’s, Britain WOLF Organizations: CNN, Republicans, Democrats, Trump, Dartmouth College, Commerce, US Trade, Trade, WTO, World Trade Organization, American Free Trade, of Congress, University, Virginia’s, Federal, WOLF, Peterson Institute for International, Republican Party Locations: China, Ohio, Pennsylvania, Homestead , Pennsylvania, H.C, Buffalo, trillions, United States, it’s China, Britain, Japan
Biden finalizes increases to China tariffs
  + stars: | 2024-09-13 | by ( Katie Lobosco | ) edition.cnn.com   time to read: +2 min
Washington CNN —The Biden administration said Friday that it has finalized tariff hikes on certain Chinese-made products that the president first announced in May. The administration’s increases come as Vice President Kamala Harris and former President Donald Trump have clashed over tariffs on the campaign trail. Trump implemented sweeping tariffs on about $300 billion of Chinese-made products when he was in office. “Today’s finalized tariff increases will target the harmful policies and practices of the People’s Republic of China that continue to impact American workers and businesses,” US Trade Representative Katherine Tai said in a press release. China is expected to retaliate by increasing tariffs on US-made goods.
Persons: Washington CNN —, Biden, Kamala Harris, Donald Trump, Harris, Trump, Joe Biden, Today’s, Katherine Tai, Wang Wenbin, , He’s, Kayla Tausche Organizations: Washington CNN, US Trade Representative’s, US, Trade Organization Locations: People’s Republic of China, China
Standing near them was another figure whose sway with the Republican nominee also cannot be discounted: the far-right provocateur Laura Loomer. Her anti-Muslim social media posts eventually earned her a ban from Twitter that lasted until billionaire Elon Musk bought the website, now known as X, and restored her account. She knows his personal number and has utilized it, one source familiar with the relationship told CNN. When Trump landed in Philadelphia on Tuesday before his debate against Harris, Loomer was among the close allies seen deboarding his private plane. In August of last year, Trump even suggested the campaign hire Loomer for an official role, sources told CNN at the time.
Persons: Donald Trump, Chris LaCivita, Susie Wiles, Laura Loomer, Loomer, Elon Musk, Kamala Harris, Joe Biden, , Trump, “ I’ve, She’s, Barack Obama’s, Harris, Biden, , X, Trump’s, Kamala Harris panders, ” Loomer, Sen, JD Vance, Marjorie Taylor Greene, MAGA, Steve Deace, Ron DeSantis, Wiles, hasn’t, Matt Gaetz, Tulsi Gabbard, Stephen Miller Organizations: CNN, United, Republican, World Trade, Twitter, Trump, GOP, National Association of Black Journalists, Facebook, Florida Gov, White, Boeing, “ Trump Force, Republican National Convention, Hawaii Democratic Locations: United States, New York City, New York, Pennsylvania, America, Philadelphia, Florida, Mar, Butler , Pennsylvania
Kristin Marino and Maya Peretz are two young women, bonded by a profound loss. At least once a year, she goes to the World Trade Center reflecting pools to pay tribute to her father. Peretz told Marino in the documentary that she “was sure he was coming back home,” referring to her father. But Marino didn’t expect there to be such an instant bond between them. “Honestly I didn’t really know.
Persons: Kristin Marino, Maya Peretz, Marino, — Kenneth Joseph Marino, , , , influencer, Peretz, wasn’t, they’ve, ” Marino, ” Peretz, Dan Luxemberg, Kristin, it’s Organizations: FDNY, Rescue Company, World Trade, NBC New, Nova Locations: NBC New York, Israel, ” Luxembourg
KINSALE, Ireland — Three days and 225 miles later, a group of almost 100 serving and retired firefighters from New York and Ireland will cycle into a garden of remembrance on Wednesday to honor those who were killed in the 9/11 terror attacks. Ambassador's Dublin residence on Monday, the hardy group made their way across Ireland’s lush, rolling hills peddling their way to 17 fire stations and a fair few pubs along the way. It's part of a bid to raise money for the victims and for those still suffering from injuries and the effects of their work at Ground Zero. “We lost 343 firefighters in an instant,” one of the cyclists, Michael Schreiber, told NBC News on Monday, adding that 370 had died since 9/11. “I lost so many friends that day, and I still continue to lose guys,” he said.
Persons: , Michael Schreiber, Schreiber, “ It’s, , Daniel Sheridan, Carlo Angerer, Danny Sheridan, Danny Manning, Manning, Mary Ellen, ” Manning, Al Qaeda Organizations: NBC, Uniformed Firefighters Association, Greater, , Battalion, New York Fire Department Battalion, The New York Fire Department, United Airlines Flight, Trade, American Airlines Locations: KINSALE, Ireland, New York, U.S, Ambassador's Dublin, Cork, Irish, Greater New York, New, Isle, The, York, Wicklow, Harlem
This year marks the 23rd anniversary of the 9/11 attacks. Photos from the last 20 years show how New York City rebuilt ground zero. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.
Persons: Organizations: World Trade, Service, Business Locations: New York City, Arlington County , Virginia, Shanksville , Pennsylvania
On 9/11, the first meme dropped at 8:56 a.m. "That is a big fucking hole in the World Trade Center sirs!" 9/11 jokes, in other words, often have very little to do with 9/11. AdvertisementUnlike Domineau or those anonymous SomethingAwful posters, many people making and spreading 9/11 memes today are too young to remember 9/11, if they were alive at all. She says 9/11 memes have always been popular with her cohort. Domineau says it's only natural for young people to take 9/11 jokes to the next extreme.
Persons: NAEM, DogWelder, Brad Pitt's, Tyler Durden, monkeu, BUSH, Thom Yorke, THOM, Gilbert Gottfried, Jaroslav Hašek, Jan Chovanec, ike H, oke, hing, hite, ingle, alvin K, amar, laine, hatter, ike Organizations: World Trade Center, Facebook, Twitter, World Trade, United Airlines Flight, Radiohead, Empire, International, of Humor Research, ard, ust Locations: New York, Czech, pec
All four were in New York on Wednesday for a commemoration event at Ground Zero in Manhattan. Harris and Biden then traveled to Shanksville, Pennsylvania, to participate in a wreath-laying ceremony at the Flight 93 memorial. At that ceremony, Biden placed his hand on the wreath as the small group he was with bowed their heads. During that ceremony, the president falsely claimed he visited Ground Zero “the next day” after the attacks. In 2016, both Trump and Hillary Clinton attended memorial events marking the 15th anniversary of 9/11 at Ground Zero.
Persons: Joe Biden, Kamala Harris, Donald Trump, Sen, JD Vance, Harris, Vance, Biden, Trump, Tim Walz, Jill Biden, Barack Obama, Michelle Obama, Adam Gray, Trump –, , Mike Pence, Hillary Clinton, Clinton, Mitt Romney, Obama, Romney, , John McCain, CNN’s Kit Maher, Betsy Klein Organizations: CNN, Trump, Pictures, Minnesota Gov, Democratic, World Trade Center, Pentagon, World Trade, Getty, New Yorker, Republican Locations: New York, Manhattan, Shanksville , Pennsylvania, Arlington , Virginia, Lower Manhattan, Pennsylvania, Alaska, York, New York City, AFP, New, Shanksville, Nevada
The long and complex political legacy of 9/11
  + stars: | 2024-09-11 | by ( Stephen Collinson | ) edition.cnn.com   time to read: +4 min
Trump and Harris — who had not met until Tuesday night at their fiery debate – even shook hands for the second time in less than 24 hours. 9/11 is now far enough in the past that it’s taking on a historic hue. The gathering of past, present and future US leaders Tuesday was a reminder of the still unfolding cascade of political consequences triggered by the attacks. And, underscoring the passage of time, some young voters born after 9/11 will this year vote in their second presidential election. But the world’s worst terror attack still has a powerful psychological and political half-life and is embedded deep in America’s soul, as we are reminded every September.
Persons: Joe Biden, Kamala Harris, Donald Trump, Harris —, Michael Bloomberg, JD Vance, George W, Bush, Trump, Harris, Barack Obama, Trump’s, Biden, there’d, Vance, Osama bin Laden Organizations: CNN, Trump, New, New York City, Republican, World Trade, Pentagon, al Locations: Manhattan, New York, al Qaeda, America, Trump, Afghanistan, Kabul, quagmires, Illinois, Iraq
"A Field Guide to the Apocalypse" notes that humans usually step in and help one another when a disaster strikes. Athena Aktipis: The ancient Greek definition is “a revealing,” so an apocalypse is any event that reveals the risks we’re facing. CNN: What role have apocalypses throughout history played in what you call humans’ “apocalypse resistance”? All those things help us get through, as they have throughout our evolution. Chalking this up as part of apocalypse prep can be a great way to carve out more time.
Persons: you’ll, Workman, Athena Aktipis, , Aktipis, We’re, Lindsay Mills, we’ve, you’re, It’s, we’ll, Jessica DuLong Organizations: CNN —, World Trade, Times, Arizona State University, CNN, Lindsay Mills CNN, paragon Locations: Lower Manhattan, Manhattan, Arizona, New Mexico, Brooklyn , New York
Dubai’s Burj Azizi tower to become world’s second tallest building. The tower is anticipated to set several records, including the world’s highest hotel lobby (on level 11), the world’s highest nightclub (on level 126) and the world’s highest observation deck (on level 130), according to Azizi Developments. It boasts the world’s highest infinity pool, the world’s largest natural flower garden, and the world’s largest picture frame, to name a few. The Burj Binghatti Jacob & Co Residences, meanwhile, is set to become the world’s tallest residential structure (and Dubai’s third-tallest building) at 1,952 feet. Burj Azizi is slated for completion in 2028, with apartments expected to go on sale in February 2025.
Persons: CNN —, Mirwais Azizi, Azizi, Raab, Sheikh Zayed, , Franck Muller, Jacob Organizations: CNN, Burj, General Civil Aviation Authority, Azizi Developments, Azizi, Trade Center, Marina, Burj Khalifa’s 122nd, Ciel Dubai Marina Locations: Dubai, Burj, Sheikh, Burj Azizi, Burj Khalifa
Commodity prices have tumbled over the past month, signaling underlying weakness in the global economy despite the U.S. stock market bouncing back from recession fears. But commodity markets may be telling a different story about the global economy. The Invesco DB Base Metals Fund is down more than 7% over the past month, while crude oil futures dropped 14% from July 5 through Aug. 5. @HG.1 YTD mountain Copper futures, YTD Weakness in China, the world's second-largest economy, is weighing on copper and oil in particular, Melek said. OPEC on Monday lowered its global oil demand growth forecast this year by 135,000 barrels per day as expectations in China have softened.
Persons: Rob Ginsberg, Ginsberg, Bart Melek, DBB @HG, We've, Melek, I'm Organizations: U.S, Investors, Invesco DB Base Metals, Wolfe Research, TD Securities, DBB, Metals, Copper, CNBC, Global, Beijing, European Union, World Trade Organization, Federal Reserve, Securities Locations: U.S, China, Beijing, Jackson Hole , Wyoming
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