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CNN —Five people, including three children, have been injured in a stabbing attack in Beijing, Chinese police reported Monday. The incident occurred at around 3.20 p.m. local time (3.20 a.m. Police said the incident occurred at the intersection of Wanquanzhuang Road and Wanliu Middle Road. The country of 1.4 billion has generally low violent crime rates, but has been rocked by a number of high-profile stabbing cases in recent decades. Several have targeted schools, including a 2020 knife attack at an elementary school, as well as attacks at or near kindergartens in 2022 and 2023.
Persons: Tang Organizations: CNN, Police, School Locations: Beijing, Haidian, China’s
Erik ten Hag has been sacked as Manchester United manager. A statement later on Monday confirmed the news, which read: “Erik ten Hag has left his role as Manchester United men’s first-team manager. Advertisement“Erik was appointed in April 2022 and led the club to two domestic trophies, winning the Carabao Cup in 2023 and the FA Cup in 2024. United are next in action against Leicester City in the League Cup at Old Trafford on Wednesday. ‘United finally run out of patience’Analysis from Manchester United correspondent Mark CritchleyFor United’s key decision-makers to finally part ways with Ten Hag after a narrow defeat in highly controversial circumstances may come as a surprise to some.
Persons: Erik, Hag, Ruud van Nistelrooy, “ Erik, Omar Berrada, Dan Ashworth, Jason Wilcox, United, Michael Regan –, Thomas Tuchel, Mauricio Pochettino, Roberto De Zerbi, Thomas Frank, Kieran McKenna, Sir Jim Ratcliffe, Sir Dave Brailsford, De Zerbi, Matthijs de, Leny Yoro, Joshua Zirkzee, Manuel Ugarte, Berrada, Mark Critchley, Justin Setterfield, 200million, Dan Ashworth —, Mark Carey, , Jose Mourinho, Ole Gunnar Solskjaer, United’s, James Gill – Danehouse Organizations: Manchester United, Premier League, West Ham United, Champions League, Ten, Manchester United men’s, FA, League, Manchester City, Getty, United, Europa League, England, Brighton & Hove Albion, Brentford, Ipswich Town, Manchester, Liverpool, Ajax, Eagles, FC Utrecht, Bayern Munich’s, Leicester City, Old, ‘ United Locations: Old Trafford, London, United, Europe, West Ham, Wembley
A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia's capital Riyadh to attend the Future Investment Initiative (FII) forum. The kingdom's $925 billion sovereign wealth fund, the Public Investment Fund, saw its assets jump 29% to 2.87 trillion Saudi riyals ($765.2 billion) in 2023 — and local investment was a major driver. "Value meaning hiring, developing the asset management ecosystem, creating new products, bringing in talent, and investing in Saudi capital markets also. Oil prices and the Saudi economy appear to so far have stayed largely unscathed, dropping 4% early Monday after Israel's weekend strike on Iran. A key reason for that may be the rapprochement deal the kingdom signed with Iran, brokered by China, in March 2023.watch now
Persons: Nureldine, it's, Omar Yacoub, Yacoub, Fadi Arbid, Brent, Arbid, Yemen's, Israel Organizations: King Abdulaziz Conference Centre, Future Investment Initiative, Afp, Getty, Investment Initiative, CNBC, U.S, ABS Global, Public Investment Fund, Saudi, Saudi Arabia's, Amwal Capital Partners, OPEC, Eastern, Ritz, Carlton, Israel Locations: Saudi Arabia's, Riyadh, Saudi, Saudi Arabia, , Dubai, Carlton Riyadh, Gaza, Israel, Lebanon, Iran, Tel Aviv, China
This is the first in a five-part series about the impact both Trump and Harris presidencies could have on US consumers. To date, Trump and Harris have outlined specific policy proposals that will impact different parts of the stock market. The guide covers four specific asset classes, and is divided between the Trump and Harris impact on each. Advertisement"Our upbeat projections for the stock market in 2024 and 2025 are predicated on a view that hype over AI will continue to fuel a stock market bubble," the research firm said. And since presidential actions usually impact rates, the bond market will be shaped by what either Trump or Harris end up doing.
Persons: Harris, , Donald Trump, Kamala Harris, Today's, they're, BofA, It's, Financials, Trump's, Trump, Peter Berezin, Joe Biden's, Bonds, Crypto, Bernstein, Gautam Chhugani, bitcoin, Chhugani, Harris Harris, she's, I'm, Larry Fink, Biden, it's Organizations: Trump, Service, Business, Wall, Bank of America, Allies, Foundation, BCA Research, Harris, Democratic, Economics, Capital, Federal, Harris Capital Economics, Federal Reserve, Bloomberg, bitcoin, BlackRock, Capital Economics, Fed Locations: China
New York CNN —Even for a brand as gargantuan as McDonald’s, the last few months have been… a lot. The timing of the outbreak is especially challenging for McDonald’s as it has been trying to win back customers who’ve been put off by higher prices. Over the summer McDonald’s did an about face to try to win people back. “It had been a pretty strong quarter.”And absent the E. coli outbreak, Tuesday’s earnings call might have been all about the value menu and the Crocs. The length and severity of the outbreak is now a wild card for analysts as they assess McDonald’s financial future.
Persons: CNN Business ’, Chris Gaulke, Cornell University’s Nolan, who’ve, Chris Kempczinski, McDonald’s, They’ve, ” RJ Hottovy, it’s, ” Hottovy, “ McDonald’s, McDonald’s didn’t, “ We’ve, Sara Senatore, Chipotle, ” Senatore, , , Wendy’s Organizations: CNN Business, New York CNN, shimmer, New York Mets, Cornell University’s, Cornell University’s Nolan School of Hotel Administration, Associated Press, Colorado Department of Agriculture, Bank of America, Wendy’s Locations: New York
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMagnificent Seven earnings will be important to the health of the rotation trade: RBC's CalvasinaAdam Crisafulli, Vital Knowledge Founder and Lori Calvasina, RBC Capital Markets head of U.S. equity strategy, joins 'Closing Bell Overtime' to talk the day's market action.
Persons: RBC's, Adam Crisafulli, Lori Calvasina Organizations: Vital Knowledge, RBC Capital Markets
He moved to Lisbon in 2023 and started a new company focused on building community. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThis as-told-to essay is based on a transcribed conversation with Charlie Baron, 30-year-old founder in Lisbon, Portugal, about moving from London. When I moved to Lisbon, I was burned out and lonely from working from home for a tech startup I'd co-founded. Getting investment and finding tech talent in London might have been easier, and it would have been faster to set up a business in London.
Persons: Charlie Baron, , I'd, Tesla, ChargedUp, paddleboarding, He'd, We'd, would've, didn't Organizations: Baron, Service, Loughborough University, Social Locations: London, Lisbon, Portugal, VCs, California, Spain, France, Europe, Rent
There's still time to lower your taxes or boost your refund for 2024, financial experts say. Typically, there's a refund when you overpay taxes during the year via withholdings or estimated payments. Ask yourself 3 questions to tell if you're readyWhen filing taxes, you take the standard deduction or total itemized tax breaks, whichever is larger. "It's tough to get over the standard deduction, especially if you're married," Rosen said. For 2024, the standard deduction is $29,200 for married couples filing jointly and $14,600 for single filers.
Persons: There's, Tricia Rosen, Donald Trump, Rosen Organizations: Finance Locations: withholdings, Newburyport , Massachusetts
"Core" trading hours for both the NYSE floor and NYSE Arca are 9:30 a.m. to 4:00 p.m. Nasdaq , which has current trading hours similar to the NYSE, declined to comment on the NYSE announcement and declined to say whether it would match the NYSE's proposal to expand trading hours. Is there demand for after hours trading? "In addition, there are retail traders in the U.S. who want to trade at night. Many retail traders work during the day, they come home and want to trade beyond the 8 p.m. cutoff for trading."
Persons: Michael M, NYSA, Kevin Tyrrell, Tyrrell, Jim, Dmitri Galinov, Galinov, Spencer Platt, Dennis Kelleher, Kelleher, Benjamin L, Schiffrin, Jay Woods, Woods Organizations: ICE, New York Stock Exchange, Santiago, Getty, York Stock Exchange, Intercontinental Exchange, Big, NYSA Arca, NYSE, NYSE Arca, Nasdaq, CNBC, Security Traders Association, Exchange, SEC, Traders, Blue Ocean Technologies, Better, 24X, Freedom Capital Locations: New York City, U.S, South Korea, Japan, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt is 'not irrational' to see Japan markets moving higher post election results: CIOFlorian Weidinger from Santa Lucia Asset Management says to horse-trading amongst various political parties in Japan post the general election could suggest more fiscal spending and Japanese exporters will benefit from a weaker yen.
Persons: Florian Weidinger Organizations: Santa Lucia Asset Management Locations: Japan, Santa
Reuters —A Russian guided bomb attack on Kharkiv on Monday shattered much of the Derzhprom building, one of the most celebrated landmarks in Ukraine’s second city, dating from the 1920s. President Volodymyr Zelensky denounced the strike on Kharkiv’s Derzhprom (State Industry) building, one of the most striking examples of Soviet-era constructivism architecture and dubbed the Soviet Union’s first skyscraper. “Instead of cozying up to him, we must force him into peace through our collective decisiveness.”Reuters news agency video showed parts of the Derzhprom building reduced to rubble and virtually all of its windows shattered. A view of the destruction of the historic Derzhprom building (The State Industry Building) in Kharkiv, Ukraine on October 28, 2024. The Derzhprom building, placed on the “tentative” list of UNESCO World Heritage Sites, was completed in 1928 when Kharkiv was the capital of Soviet Ukraine.
Persons: Reuters —, Volodymyr Zelensky, Kharkiv’s, Rih, Vladimir Putin, Putin, ” Zelensky, , George Ivanchenko, ” Oleh Syniehubov, Syniehubov Organizations: Reuters, Industry, ” Reuters, Getty, UNESCO, Heritage Locations: Russian, Kharkiv, Ukraine’s, Ukrainian, Kryvyi, Soviet, Ukraine, Anadolu, , Soviet Ukraine, Chuhuiv
Morgan Stanley initiates FrontView REIT as overweight Morgan Stanley said the commercial real estate investment trust company is well positioned. " Morgan Stanley downgrades Global Foundries to equal weight from overweight Morgan Stanley said it sees rising competition for the semis company. " Morgan Stanley upgrades Nutanix to overweight from equal weight Morgan Stanley said the cloud computing software company is well positioned. " Morgan Stanley downgrades Ciena to equal weight from overweight Morgan Stanley said it sees a more balanced risk/reward for the networking and systems software company. Wedbush adds Roblox to the best ideas list The firm said it sees robust revenue growth ahead.
Persons: Cantor Fitzgerald, Morgan Stanley, FrontView, Baird, AAON, Canaccord, Tesla, Jefferies, NTNX, Wells, Raymond James downgrades, Wolfe, DOV, Morgan Stanley downgrades Ciena, Piper Sandler, Bowlero, Piper, Goldman Sachs, Goldman, it's bullish, Marcellus, Bernstein, SARO, Stifel downgrades, Oppenheimer, Monness Crespi Hardt, Coinbase, Stifel, it's Organizations: Nvidia, Broadcom, MU, JPMorgan, Apple, Dell, Cisco, Spotify, Honeywell, Walmart, " Bank of America, Antero Resources, Bank of America, Macquarie, China EV, Stifel downgrades Colgate, Palmolive, Colgate, Commerce, ~$ Locations: AVGO, 1H25, Dover, Appalachia, Utica, West Virginia
Veronica Shanklin left her top marketing job to care for her grandmother with dementia in May 2013. My grandmother, then 82, who I called "Mama Nell," had become aggressive and physically lashed out at my mom. They'd shared a home in my native Dallas since Mama Nell was diagnosed with Alzheimer's Disease a few years earlier. I've established a nonprofit to help dementia carers like meMama Nell died in 2017 at the age of 86. In 2019, I founded the nonprofit Dementia Care Warriors to help Texan caregivers of loved ones with Alzheimer's and related diseases.
Persons: Veronica Shanklin, , Mama Nell, They'd, Mom, Veronica Shanklin I'd, I've, it's Organizations: Service, PBS, Business, Business Administration, Arts Management, Shanklin, Dementia, Warriors Locations: Dallas, Chicago, Atlanta, California
The acquisition of Crypto Finance Asset Management by Matrixport is taking the crypto financial services hub into new markets. The new acquisition is an entry point to the European crypto asset management marketKeen to maximize what it offers its investors, Matrixport has gone one step further through the 100% equity acquisition of Crypto Finance (Asset Management) AG (CFAM), a licensed Swiss crypto asset manager. Previously part of the Deutsche Börse Group-owned Crypto Finance Group, following the all-cash acquisition, CFAM will be renamed to Matrixport Asset Management (MAM). Through the acquisition, Matrixport gains entry into the European crypto asset management market. With such an array of services available, the acquisition enables clients access to innovative crypto asset management products.
Persons: Matrixport, Keen, CFAM Organizations: Crypto Finance, Management, Asset Management, Deutsche Börse, Matrixport Asset, Swiss Financial Market Supervisory Authority, MAM, US Securities, Exchange, underwriters, APEX Group, Insider Studios Locations: Swiss, Europe, Hong Kong, Matrixport
Citizens and Georgian Dream Party supporters, carrying flags of Georgia and the Georgian Dream Party, attend the Georgian Dream Party's election rally. Anadolu | Anadolu | Getty ImagesMass protests are expected in the Georgian capital of Tbilisi on Monday after the ruling, Russia-friendly party Georgian Dream claimed victory in a contentious parliamentary election this weekend. "We do not accept these stolen election results," stated Tina Bokuchava, the leader of Georgia's main opposition party, the United National Movement, at a press briefing late on Saturday. "It was a total fraud, a total taking away of your votes," Zourabichvili told reporters, flanked by Georgian opposition party leaders, in comments reported by Reuters. Supporters of the Georgian Dream party celebrate at the party's headquarters after the announcement of exit poll results in parliamentary elections, in Tbilisi, Georgia October 26, 2024.
Persons: that's, Salome Zurabishvili, Georgia's, Irakli Kobakhidze, Bidzina Ivanishvili, Tina Bokuchava, Vano Shlamov, Bokuchava, Bidzina, Zourabichvili, Timothy Ash, Ash, Ivanishvili, Dmitry Peskov, Peskov, Irakli Gedenidze, Antony Blinken, Blinken Organizations: Georgian Dream Party, Anadolu, Getty, Georgian, European Union, NATO, United National Movement, National Movement, Afp, Reuters, BlueBay Asset Management, Kremlin's, TASS, Google, OSCE Office, Democratic, Human, European Locations: Georgia, Georgian, Tbilisi, Russia, Soviet, Soviet Union, Russian, EU, Washington, Moscow, Europe, Tbilisi , Georgia, U.S
Trade Tracker: Josh Brown trims Alphabet
  + stars: | 2024-10-28 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Josh Brown trims AlphabetJosh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to explain why he's trimming the tech giant.
Persons: Josh Brown Organizations: Ritholtz Wealth Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's no need for aggressive rate cuts to stimulate the economy: Advisors Capital's JoAnne FeeneyJoAnne Feeney, Advisors Capital Management partner and portfolio manager, joins 'Squawk Box' to discuss the latest market trends, the Fed's inflation fight, state of the economy, and more.
Persons: Capital's JoAnne Feeney JoAnne Feeney Organizations: Capital Management
In this article WISE-GB Follow your favorite stocks CREATE FREE ACCOUNTKristo Kaarmann, CEO and co-founder of Wise. Eoin Noonan | Sportsfile | Getty ImagesLONDON — Kristo Käärmann, the billionaire CEO of money transfer firm Wise , was slapped with a £350,000 ($454 million) fine by financial regulators in the U.K for failing to report an issue with his tax filings. "We continue to build a product and a company that will serve our customers and owners for the decades to come," Käärmann added. The chair of Wise, David Wells, said that the company's board of directors "continues to take Wise's regulatory obligations very seriously." In a note Monday, analysts at British investment bank Peel Hunt boosted their expectations for Wise's full-year profit before tax by 15%.
Persons: Kaarmann, Wise, Eoin Noonan, Sportsfile, Käärmann, Taavet Hinrikus, Forbes, Therese Chambers, David Wells, Peel Hunt, Gautam Pillai, Barun Singh Organizations: WISE, Getty, Financial, Authority, FCA, Customs, Peel Locations: Estonian
As the Biden administration makes a final diplomatic push in the Middle East before next week’s U.S. presidential election, little is expected to be achieved before the result is known, officials and analysts in the region said on Monday. Envoys from Israel, Egypt, the United States and Qatar renewed talks in Doha, the Qatari capital, on Monday over a cease-fire in Gaza. American mediators were also expected this week to continue to try to reach a truce between Israel and Hezbollah in Lebanon. The officials spoke on the condition of anonymity in order to discuss sensitive diplomacy. Osama Hamdan, a Hamas leader, said on Sunday that the group would only agree to a permanent cessation of hostilities, dashing hopes that Israel’s recent killing of the group’s leader, Yahya Sinwar, would bring about a swift change in its negotiating position.
Persons: Biden, Benjamin Netanyahu, Israel, Osama Hamdan, Yahya Sinwar Organizations: Hamas Locations: Israel, Egypt, United States, Qatar, Doha, Gaza, Lebanon
Lovisa Sjoberg, 48, was spotted by rescuers as she walked along a bush trail in Kosciuszko National Park, southwest of the capital Canberra, on Sunday afternoon. New South Wales Police Superintendent Toby Lindsay said Monday she was “fortunate to be alive” after being bitten by a snake, potentially a copperhead. The northern part of Kosciuszko National Park recently reopened to visitors after an annual closure during winter. Wild horses in the Kosciuszko National Park in New South Wales, Australia. SL/iStockphoto/Getty ImagesPlans by the New South Wales National Parks and Wildlife Service (NPWS) to shoot brumbies from helicopters led to a failed legal bid to stop the cull this year.
Persons: Australia CNN —, , Lovisa Sjoberg, Toby Lindsay, ” Lindsay, , Mark Kostich, brumby Organizations: Australia CNN, New South Wales Police, Police, Officers, Kosciuszko National, New South Wales National Parks and Wildlife Service, brumbies Locations: Brisbane, Australia, Kosciuszko, Canberra, New, New South Wales
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. We would be surprised if CEO Lisa Su provided 2025 AI chip sales guidance. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Lisa Su, Raymond James, George Kurtz, Delta, Stanley Black, Decker, Hubbell, Jim Cramer's, Jim Organizations: CNBC, ., West Texas, AMD, Intel, Air Lines, Microsoft, Atlanta, Ford Motor, Cadence Design Systems, Corp, PayPal, Pfizer, Royal Caribbean Cruises, Jim Cramer's Charitable Locations: Israel, Corning
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA lot the industry dynamics have shifted in favor of United and Delta: TD Cowen's Tom FitzgeraldTom Fitzgerald, TD Cowen analyst, joins 'Squawk Box' to discuss news of Boeing's capital raise, impact of Boeing's strike on airlines, tailwinds for airline stocks, and more.
Persons: Tom Fitzgerald Tom Fitzgerald, TD Cowen Organizations: United, Delta
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. "You want to own the stock," Jim said. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Stocks, Jim, TD Cowen, Jim Cramer's Organizations: CNBC, Nasdaq, Microsoft, Delta Air Lines, Home Depot, Dow, pullbacks, Semiconductor, Spotify Locations: Delta
Earnings season is in full swing, and some names reporting this week are positioned for major moves. So far, 37% of those in the broad market index have reported this quarter, resulting in what has been a mixed reporting period. According to LSEG, earnings have come in 6.1% above expectations, while revenue is 1.5% higher, as of Monday. Last week, the stock advanced more than 1% on Wednesday due to JMP Securities upgrading it to market outperform from market perform. The financial services provider has jumped around 52% over the past three months and more than 41% over the past month.
Persons: Andrew Boone, Greenlight Capital's David Einhorn, Einhorn, Kamala Harris, Donald Trump Organizations: Dow Jones, Apple, CNBC Pro, Securities, Robin Hood Investors Conference, U.S, Technologies
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOil market participants need to know if Iran-Israel conflict is over, says RBC's Helima CroftHelima Croft, RBC Capital Markets head of global commodity strategy, joins 'Money Movers' to discuss if Israel exercised restraint in not targeting Iran's oil facilities, the demand side of the oil market, and much more.
Persons: RBC's Helima Croft Helima Croft, Israel Organizations: Email, RBC Capital Markets Locations: Iran, Israel
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