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☆ Stock futures are little changed as investors await March inflation data: Live updates
▼ + stars: | 2024-04-08 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Stock futures were little changed on Monday, with rising Treasury yields limiting meaningful gains for equities and investors gearing up for forthcoming inflation data. Nasdaq 100 futures advanced 0.1%, while Dow Jones Industrial Average futures gained 16 points, or 0.04%. Stocks ended Monday's trading largely little changed, with the S&P 500 closing with a marginal decline of 0.04%. The 10-year Treasury yield topped 4.4%, as investors awaited Wednesday's consumer price index report for more insight into how the Federal Reserve's policy has been affecting inflation. However, she cautioned that a continued rise in the 10-year yield could signal cause for concern for the broader market.

Persons: Stocks, Dow Jones, Anastasia Amoroso, CNBC's, Amoroso Organizations: New York Stock Exchange, Stock, Nasdaq, Dow Jones Industrial, Treasury, Federal, National Federation of Independent, CPI

☆ A 32-year market vet warns the S&P 500 is set to fall 50%-70% in the years ahead with valuations at historic highs — and says that an imminently weakening labor market will be the catalyst for the cra
▼ + stars: | 2024-03-30 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

According to Bank of America, valuation levels explain 80% of the market's return over a 10-year period. Bank of AmericaThere are many ways to measure valuation levels in the overall market. Hussman says it's the most accurate indicator of future market returns that he's found. AdvertisementThe Conference BoardThird, the number of US states with a rising unemployment rate is spiking, meaning that the overall unemployment rate should see further upside. BullAndBearProfits.comThe US unemployment rate is already on a slight uptrend, having climbed from 3.4% in April 2023 to 3.9% as of February.

Persons: —, Jon Wolfenbarger, Merrill Lynch, John Hussman's, he's, Warren Buffett, Wolfenbarger, Stocks, Woflenbarger, Cam Harvey, Claudia Sahm, Louis Fed, Jeremy Grantham, John Hussman, David Rosenberg, Goldman Sachs, David Kostin, America's Savita Subramanian, Ian Shepherdson, Shepherdson Organizations: Service, Bank of America, Business, JPMorgan, National Federation of Independent Business, Board, Treasury, Bank, America's

☆ Janja Garnbret: Olympic champion warns that climbing has a ‘cultural’ problem with eating disorders
▼ + stars: | 2024-03-26 | by ( Ben Church | ) edition.cnn.com time to read: +7 min

CNN —As an Olympic gold medalist and an eight-time world champion, almost no one knows the world of competitive climbing like Janja Garnbret. Having risen to the summit of the sport, the Slovenian now wants to use her platform to raise awareness of “cultural” pitfalls in climbing that she says are contributing to a widespread issue with eating disorders. “I’m a strong believer that you can do climbing, or any sport, in a healthy way.”Garnbret competes during the women's lead climbing finals of the IFSC Climbing World Cup at Kletterzentrum Innsbruck on June 18, 2023 in Innsbruck, Austria. I was trying hard for, let’s say, two years to help them get out of it, but I couldn’t help. Mohd Rasfan/AFP/Getty ImagesWith one Olympic medal in her pocket – Garnbret secured the combined gold at Tokyo 2020 – the Slovenian is hungry for more.

Persons: Garnbret, “, ” Garnbret, Marco Kost, ”, Sasha DiGiulian, Marco Scolaris, wasn’t, Mohd Rasfan Organizations: CNN, CNN Sport, Kletterzentrum, Kyodo, REDs, International Federation of, Paris, Olympic, Getty, Games Locations: Slovenian, Kletterzentrum Innsbruck, Innsbruck, Austria, Tokyo, AFP, Paris

☆ Nearly everyone has given up on their recession call, and that makes the outlook 'dangerously reminiscent' of 2007, SocGen says
▼ + stars: | 2024-03-13 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Recession views are dangerously similar to those in 2007, SocGen's Albert Edwards said. Soft landing or no landing outlooks are growing on Wall Street as the US appears on solid economic footing. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Those signs appear lost on many other market commentators, who have dialed back their recession views in the last few months. "All this is (dangerously) reminiscent of 2007, when all around were telling me I was wrong and should give up calling that much-delayed recession," he later added.

Persons: SocGen's Albert Edwards, Edwards, —, Société, Albert Edwards, That's, Doom, Nouriel Roubini Organizations: Service, Chicago, York Fed's Survey, Consumer, National Federation of Independent Business, National Association of Business, Fed, Investor Locations: York

☆ The US economy is so strong that there might not be any rate cuts in 2024
▼ + stars: | 2024-03-01 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +3 min

Now, some economists think the Fed won’t cut interest rates at all this year. “The Fed will not cut rates this year and rates are going to stay higher for longer,” he added. Richmond Federal Reserve President Tom Barkin echoed the idea that the central bank may not cut interest rates this year. In some ways, the expectations of interest rate cuts by the Fed undermined their efforts to actually cut the rates. Still, about half of investors are expecting an interest rate cut at the Fed’s June meeting, according to the CME FedWatch tool.

Persons: —, that’s, Jerome Powell, Torsten Slok, “, Tom Barkin, ” Barkin, “ I’m, ” Robert Frick, ”, Powell Organizations: New, New York CNN, Federal, Apollo Global Management, Richmond Federal, CNBC, Navy Federal Credit Union, CNN, Fed, National Federation of Independent, Investors, Financial Services, Senate Locations: New York, Richmond

☆ Inflation is cooling, but small businesses in the U.S. say customers just aren’t spending like they used to
▼ + stars: | 2024-02-26 | by ( Samantha Delouya | ) edition.cnn.com time to read: +5 min

While cooling inflation and a robust GDP reading that smashed economists’ expectations are reasons to be optimistic about the US economy, one key economic engine seems to still be sputtering: small businesses. Small business owners say they’re still grappling with the hangover effects of inflation and a labor shortage, according to the National Federation of Independent Business’s most recent monthly survey, which was conducted in January. Dougherty said small businesses may be delayed in feeling the effect of easing inflation, but once businesses experience more prolonged stable prices, that may help their sentiment turn around. A recent survey of American Express small business customers indicated that some small business owners see strength in 2024. Half of the 557 US small businesses surveyed said they plan to grow or expand their businesses in the upcoming year.

Persons: Kevin Meehan, , he’s, ” Meehan, “, hasn’t, Kevin Meehan RJacobsonPhoto, we’d, that’s, Everything’s, ”, Charles Dougherty, Sarah Cash, Cash, Sarah Cash Elise Kutt, “ I’ve, ” Cash, it’s, they’re, doesn’t, Sunny, Dougherty, Meehan, I’m Organizations: CNN, Kali, National Federation of Independent, “, US Chamber of Commerce, American Express, Valentine’s Locations: Los Angeles, Wells Fargo, United States, Grand Rapids , Michigan

LONDON (AP) — The Associated Press won the best documentary prize at the British Academy Film Awards for Ukraine war documentary “20 Days in Mariupol,” produced with PBS’ “Frontline.”Filmmaker Mstyslav Chernov admitted the accolade made him feel conflicted. It’s a huge responsibility,” the Ukrainian journalist said after winning the trophy Sunday at London’s Royal Festival Hall. Chernov arrived in Mariupol one hour before Russia began its bombardment, along with photographer Evgeniy Maloletka and field producer Vasilisa Stepanenko. It is nominated in the best documentary category at the March 10 Academy Awards, the first-ever Oscar nomination for the 178-year-old AP. “Cities get occupied and destroyed and our work represents what is happening to Ukraine now,” Chernov said.

Persons: ”, Mstyslav Chernov, “, It’s, ” Chernov, Chernov, Evgeniy Maloletka, Vasilisa Stepanenko, — unflinchingly, Stepanenko, Lori Hinnant, let’s, Derl McCrudden Organizations: Associated Press, British Academy, Ukraine, PBS, London’s Royal, Hall, AP, Russia, Hamas, International Federation of Journalists Locations: Mariupol, Ukrainian, Ukraine, Russia, Avdiivka, Israel

The housing market began 2024 in the doldrums as housing starts and permits for new construction both fell, the Census Bureau reported on Friday. Starts fell 14.8%, way more than the flat reading expected by economists. “High mortgage rates, with maybe a dash of cold weather, caused starts and permits to fall from December. The optimism is a turnaround from August 2023, when 80% of small businesses surveyed said their long-term financial confidence was being negatively affected by the economy. Some 50% of small business owners said they were planning to expand in 2024.

Persons: didn’t, ”, Robert Frick, Lisa Sturtevant, Ksenia Potapov, “, they’re, Bill Dunkelberg Organizations: Census, Navy Federal Credit Union, MLS, “, National Federation of Independent Business, American Express Locations: American

☆ Small business optimism dips in January
▼ + stars: | 2024-02-13 | by ( Kate Rogers | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSmall business optimism dips in JanuaryCNBC’s Kate Rogers on small business sentiment falling in January as owners continue to struggle with inflation and labor quality, per the National Federation of Independent Business.

Persons: Kate Rogers Organizations: National Federation of Independent Business

☆ Small business sentiment dropped by most in 13 months in January as inflation, labor costs bite
▼ + stars: | 2024-02-13 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +3 min

Small business owners' confidence level dropped in January, the National Federation of Independent Business said. AdvertisementSmall business sentiment logged the biggest drop in 13 months in January as business owners say inflation and high labor costs are creating headwinds. On top of that, small business owners anticipating increased sales in the next three months declined to -16% from -4% the prior month. "In January, optimism among small business owners dropped as inflation remains a key obstacle on Main Street." "The weaker small business optimism print seems at odds with a notable increase in consumer confidence during January," Wells Fargo said in a note.

Persons: —, NFIB, they're, Bill Dunkelberg, Wells Fargo Organizations: National Federation of Independent Business, Service, Federal Reserve, Fed

☆ Middle East Football Associations call for Israel ban over war in Gaza
▼ + stars: | 2024-02-09 | by ( Caroline Faraj | Sammy Mncwabe | ) edition.cnn.com time to read: +4 min

CNN —Twelve Middle Eastern football associations have called for Israel’s national team to be banned over the war on Hamas in Gaza, in a letter seen by CNN. Jordan's Prince Ali Bin Al Hussein leads the 12-member West Asian Football Federations. CNN has reached out to the Israel Football Association, FIFA and UEFA for comment. The Israeli Football Association told Sky News it is only concentrating on football matters. “I am trusting FIFA not to involve politics in football,” Israeli FA CEO Niv Goldstein told Sky News.

Persons: Prince Ali bin Al Hussein, Prince Ali, Jordan’s King Abdullah II, WAFF, Jordan's Prince Ali Bin Al Hussein, Emmanuel Foudrot, Isaac Herzog, ” Herzog, Goldstein, UEFA’s, Theodore Theodoridis, ” Organizations: CNN, Eastern, Israel’s, FIFA, UEFA, West Asian Football Federations, Football Confederations, Associations, Israeli Football Association, United, Jordan FA, Qatar, Health Ministry, Hamas, International Court of Justice, Reuters, ICJ, Israel, Israel Football Association, Sky News, Russian Football Union, UEFA Congress Locations: Gaza, Palestine, Jordan, Qatar, Saudi Arabia, United Arab Emirates, Israel, Ukraine, Paris, ”

☆ Yaroslava Mahuchikh: ‘When I see Russian athletes …. I see every city destroyed,’ says Ukrainian high jumper
▼ + stars: | 2024-02-08 | by ( George Ramsay | ) edition.cnn.com time to read: +9 min

Mahuchikh won her first world championship title in August, then successfully defended her Diamond League Final victory in September. That’s often a source of anxiety for Mahuchikh, especially when Russian attacks target the eastern city. This year’s Olympics, Mahuchikh believes, will enable Ukrainian athletes to promote a message of peace, though perhaps inevitably, the Games have also become entwined in geopolitics. However, international federations have the first say on whether Russian and Belarusian athletes can qualify for the Olympics. “When I see Russian athletes … I see every city destroyed, every life that was destroyed by Russian people, by the Russian Federation,” she says, adding that she would find it “difficult” to compete against athletes from Russia and Belarus.

Persons: Yaroslava Mahuchikh, Mahuchikh, “, ” Mahuchikh, –, Ben Stansall, itinerancy, ”, ‘, it’s, ’ ”, General’s, Kirby Lee, Vadim Guttsait, Greg Baker, shouldn’t, …, Emmanuel Macron, Dean Mouhtaropoulos, Guttsait, Karsten Warholm, Duplantis, Puma – Organizations: CNN, CNN Sport, Diamond League, Paris Olympics, Getty, Department, USA, Reuters, Olympic Committee, International Olympic Committee, Games, Olympics, Athletics, Ukrainian, Russian Federation, IOC, Millrose, Puma Locations: Ukraine, New York, Glasgow, Budapest, AFP, Europe, Dnipro, That’s, “, ’, ’ ” Dnipro, Russia, Belarus, Xiamen, China, Paris, Belarusian, Russian, Silesia, Poland, Tokyo, Cottbus, Germany

☆ Grigory Rodchenkov: ‘The Russian flag and anthems have become symbols of murder and rape,’ says doping whistleblower
▼ + stars: | 2024-02-07 | by ( Molly Stazicker | ) edition.cnn.com time to read: +10 min

CNN —Much like Mark Twain, Russian doping whistleblower Dr. Grigory Rodchenkov says that reports of his death have been greatly exaggerated. “There is no question that – if the IOC wants to have any credibility – it would ban them [Russian athletes] for 10 years, no less,” Rodchenkov said. Michel Euler/AP/FILEInternational sporting federations have the first say on whether Russian and Belarusian athletes can even attempt to qualify for the Olympics. “The only way to bring it to an end is to prosecute the organizers under the Rodchenkov Anti-Doping Act. Lira is the first person to be charged and convicted under the Rodchenkov Anti-Doping Act.

Persons: Mark Twain, Grigory Rodchenkov, Rodchenkov, –, Grigory Rodchenkov ”, Jim Walden, Oscar, Russia’s, Rodchenkov’s, ” Rodchenkov, That’s, ” Grigory Rodchenkov, Vladimir Putin, ”, Dmitry Peskov, Michel Euler, it’s, doesn’t, Walden, “, didn’t, ‘, “ It’s, haven’t, Matthieu Reeb, WADA, Eric Lira, Lira, who’s, Dewayne Barrett, Wright –, Barrett’s, Wright didn’t Organizations: CNN, CNN Sport, Netflix, International Olympic Committee, IOC, Paris, Russian Olympic, Olympic, Athletics, BBC, Weightlifting, Doping Agency, Tokyo Games, Liberian, Tokyo Olympics Locations: Sochi, Russia, Russian, Paris, Ukraine, Belarus, Soviet, Ukrainian, Bucha, Belarusian, ’, Texas, Walden, Nigeria, Switzerland, United Kingdom

☆ Here are 3 ways the labor market is showing concerning deterioration underneath strong headline numbers — meaning a recession and stock-market sell-off could sneak up on investors
▼ + stars: | 2024-02-03 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

Read previewThe labor market smashed expectations in January, adding 353,000 new jobs, far above economist forecasts of 187,000. Despite the strong headline number, however, there are signs that the job market is deteriorating beneath the surface. For one, the Bureau of Labor Statistics' household survey is showing some divergence from its payroll survey. "High labor and credit costs are beginning to materially impact corporate profits, which impacts both the labor market and (eventually) the default rate." Still, while there are signs of weakening, there are also signs of improvement in the labor market.

Persons: —, Jeff Schulze, today's, Shulze, Louis Fed, Lance Roberts, Ian Shepherdson, Lauren Goodwin Organizations: Service, Federal Reserve, Business, of Labor Statistics, BLS, of Labor, ClearBridge Investments, RIA Advisors, National Federation of Independent Business, Pantheon, Bank of America's Global, New York Life Investments, ClearBridge

At the center of that growth are newer genres of Afrobeats — the renowned blend of distinct West African music styles — and amapiano, which fuses South African kwaito with African jazz, house music and soulful vocals. The 2022 track became the first led by an African artist to hit 1 billion Spotify streams and has the record for the most weeks — 64 — spent on Billboard’s Pop Airplay chart. And some tracks meld the genres under the African music umbrella. That reach is particularly interesting considering that African music is produced for its people, embodying all aspects of their lives from their culture and experiences to their struggles, LeriQ says. The continent leads mobile device web traffic in the world, according to the U.S. International Trade Administration, translating to more market opportunities for artists.

Persons: ”, Burna Boy’s, Rema’s, Selena Gomez, —, Joey Akan, ‘, Burna, ’, Musa Keys, Boy, Istanbul's, Rema, Davido, Tina Davis, Olamide's, Angélique Kidjo, LeriQ, Nay, Mitego, Chika Anene, gatekeepers, Eric Wainaina, G’bemi Ereku, Nigeria —, Jhello, ” ___ Mureithi, Maria Sherman Organizations: FIFA, International Federation of, Phonographic Industry's, Spotify, Afrobeats Intelligence, UEFA Champions League, Pew Research, U.S . International Trade Administration, United, Afro Nation, AP Locations: ABUJA, Nigeria, Nigerian, Saharan Africa, African, South Africa, Africa, Tanzania, Abuja, Kenyan, Lagos, United States, Statista, Nairobi, Kenya, Johannesburg, Los Angeles

TORONTO (AP) — NHL players are returning to the Olympics for the first time in more than a decade. The world's top hockey league will allow its players to participate in the Games in 2026 in Milan and in 2030 under an agreement announced Friday by the NHL, the NHL Players’ Association, International Ice Hockey Federation and the IOC. NHL players have not been at the Olympics since 2014 in Sochi. "There is a recognition of how important this is to the players," NHL Commissioner Gary Bettman said at a news conference during All-Star Weekend. “Extremely badly want to play in the Olympics,” McDavid said Thursday.

Persons: Gary Bettman, Luc Tardif, “, Connor McDavid, Nathan MacKinnon, Cale Makar, Auston Matthews, Jack Eichel, Adam Fox, Sidney Crosby, Connor Bedard, ” McDavid, haven’t, Bettman, Tardif, Charlie McAvoy, ” McAvoy, Ralph Lauren, Marty Walsh, ” Bettman, McDavid, MacKinnon, Matthews, Eichel, hasn't, Russia —, Pavel Datsyuk, Kirill Kaprizov, It’s, Sebastian Aho, ” Organizations: TORONTO, — NHL, Olympics, Games, NHL, NHL Players ’ Association, Ice Hockey Federation, IOC, ” IIHF, Beijing, IIHF, U.S, Hockey, Team North America, Olympic, Detroit Red Wings, Minnesota Locations: Milan, Sochi, McDavid, South Korea, North America, Pyeongchang, Beijing, U.S, Canada, Sweden, Finland, Ukraine, France, Nice, Russia, Paris

☆ Main Street is more optimistic this year even as inflation persists, survey says
▼ + stars: | 2024-02-01 | by ( Kate Rogers | ) www.cnbc.com time to read: +3 min

Seventy-five percent of small business owners are optimistic about their financial trajectory in 2024, up from 68% a year earlier, according to a survey by Goldman Sachs 10,000 Small Business Voices, a policy advocate for small business owners. More than half of small business owners surveyed said they expect to create jobs this year, and 62% reported they anticipate profits will increase. The survey was conducted nationally in mid-January among more than 1,400 small business owners. Interestingly, small business owners found 2023 nearly as hard as 2020 — the peak of the pandemic and a time when many companies could not operate. Inflation is still a major concern for business owners, even as the rate of price increases falls.

Persons: Joe Biden, Alex Wong, Goldman Sachs, Joe Wall, Jill Bommarito, they've, Wall Organizations: White, National, Getty, CNBC, Baking Company, Foods, Target, Costco, headwinds, Small, National Federation of Independent Business, Federal Reserve Locations: Washington , DC, Detroit

☆ French Farmers’ Unions Urge End to Roadblocks Amid Government Proposals
▼ + stars: | 2024-02-01 | by ( Aurelien Breeden | ) www.nytimes.com time to read: +1 min

France’s main farmer’s unions called on Thursday for an end to roadblocks across the country after expressing cautious satisfaction with a flurry of new government announcements to appease them, in the first sign of a possible reprieve after more than a week of protests disrupted traffic nationwide. It was not immediately clear whether the approximately 10,000 farmers at the 100 or so barricades would heed the union leaders’ call and go home after days of blocking key roads with tractors and bales of hay, including in Paris, to express a wide range of deeply rooted grievances. The unions said that they would monitor closely the government’s promises of new financial aid and a loosening of regulations in the run-up to a major farming trade fair scheduled for this month in Paris. “The action is not ending,” Arnaud Rousseau, president of the National Federation of Farmers’ Unions (the FNSEA), France’s largest and most powerful farmers’ union, said at a news conference in Paris. “It is transforming.”

Persons: ’, “, ” Arnaud Rousseau, ” Organizations: National Federation of Farmers ’ Unions Locations: Paris, “

The highest court in sports sanctioned Russian figure skater Kamila Valieva for doping violations at the 2022 Beijing Olympics. The ruling set the stage for U.S. skaters to receive gold medals after they finished second behind Valieva and her teammates in the team competition. A look at the case, and what happens next:ABOUT THE MEDALSPolitical Cartoons View All 253 ImagesThe International Olympic Committee controls Olympic medals. When Valieva's case first erupted, the IOC decided not to award medals from the event while the skaters were in Beijing. But what the Valieva case exposed was the fact that, even 10 years after Sochi, things are still not back to "normal” in Russia.

Persons: Kamila Valieva, Valieva, There's, they've, ”, Evan Bates, Madison Chock, — “, —, Thomas Bach, It's, would've, Dave Skretta, Graham Dunbar, ___ Organizations: Russia's, Sports, Olympic, IOC, Russian, Russian Olympic Committee, Doping Agency, AP Sports Locations: Russian, Beijing, Russia, Japan, Canada, Montreal, U.S, Ukraine, RUSSIA, ROC, Sochi, Kansas City, Geneva

☆ American consumers won't save the economy in 2024 and their wild holiday spending spree was a 'last hurrah', Wells Fargo says
▼ + stars: | 2024-01-24 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAmerican consumers won't be able to prop up the US economy forever, and their wild spending spree over the holiday season was likely a "last hurrah," according to Wells Fargo. The job market also looks poised to keep softening, especially if the Fed chooses to keep interest rates higher-for-longer. "We do not believe that good holiday sales mean the spending strength will continue into and through the middle of this year." Strong consumer spending is believed to have propped up growth for much of 2023 as the Fed aggressively raised interest rates to control inflation.

Persons: —, Wells, Scott Wren, Macquarie Organizations: Service, Business, Retail, National Federation of Independent Business, Philadelphia Fed, Wells Fargo, Wall, Fed Locations: Wells Fargo

NEW YORK (AP) — “20 Days in Mariupol,” Mstyslav Chernov’s harrowing chronicle of the besieged Ukrainian city and the international journalists who remained there after Russia's invasion, has been nominated for best documentary at the Academy Awards, handing The Associated Press its first Oscar nomination in the 178-year-old news organization’s history. The film, a co-production between the AP and PBS’ “Frontline,” was shot during the first three weeks of the war in Ukraine, in early 2022. Chernov, a Ukrainian journalist and filmmaker, arrived in Mariupol one hour before Russia began bombarding the port city. In “20 Days in Mariupol,” Chernov, Maloletka and Stepanenko are challenged not just by the artillery shells falling around them but by the Russian blockade of the city. Water, food supplies and, critically, the internet were cut from Mariupol days into the invasion.

Persons: —, ”, Evgeniy Maloletka, Vasilisa Stepanenko, — unflinchingly, Oscar, Alexei Navalny Organizations: Academy, Associated Press, AP, PBS, Russia, Hamas, International Federation of Journalists, CNN Films, New York Times, Yorker Locations: Mariupol, Ukrainian, Ukraine, Israel, Russian, Water, ”

☆ David Teeger: Cricket South Africa denies antisemitism accusations after stripping teenager captaincy
▼ + stars: | 2024-01-18 | by ( Zayn Nabbi | ) edition.cnn.com time to read: +3 min

CNN —Cricket South Africa (CSA) has denied accusations of antisemitism made by the South African Jewish Board of Deputies (SAJBD) after David Teeger was removed as captain of the SA Under-19 team. Teeger, who is Jewish, was stood down as captain because of fears over “protests related to the war in Gaza” during the Under-19 men’s Cricket World Cup, which gets underway in South Africa on Friday. The 19-year-old Teeger has made comments in the past in support of the Israel Defense Forces (IDF). The SAJBD met with CSA earlier this week and later released a statement saying that the only explanation for Teeger losing the captaincy was “plain antisemitism” – a claim that CSA denies. The timing of CSA’s decision to remove Teeger’s captaincy occurs as the South African government accused Israel of genocide in an unprecedented case at the United Nations’ top court.

Persons: David Teeger, Teeger, ”, “, David, David himself, I’ve, Israel Organizations: CNN — Cricket South Africa, South African Jewish Board of Deputies, SA, Cricket, Israel Defense Forces, CSA, Africa, SA Jewish, Deputies, CNN, International Cricket Council, ICC, “, U19, ” CSA, SA U19, ” CNN, South African, Rising, Palestine Solidarity Alliance, United Nations ’ Locations: Gaza, South Africa, Israel

☆ The biggest risks US businesses face in 2024
▼ + stars: | 2024-01-14 | by ( Bryan Mena | ) edition.cnn.com time to read: +11 min

But, while businesses have plenty to be grateful for and much to be optimistic about, the coast isn’t clear. Last week, surveys from the National Federation of Independent Business (NFIB) and The Conference Board detailed the biggest risks that businesses are currently worried about. Here are some of the biggest risks for American businesses in 2024. Those financial stresses can reduce the willingness of banks to lend to others businesses and also to consumers,” she said. Bank earnings look really bad this quarter.

Persons: there’s, “, John Maynard Keynes, ”, ” Dana Peterson, Bill Dunkelberg, ” Peterson, ” Suzanne Clark, We’re, Mike Johnson, Chuck Schumer, Fitch, Clark, JPMorgan Chase, Nicole Goodkind, Krystal Hur, FactSet, Martin Luther King Jr, Morgan Stanley, Goldman Sachs Organizations: CNN Business, Bell, DC CNN, Federal, National Federation of Independent Business, Board, US, of Commerce, of American, Conference Board, Conference, CNN, Fed, Corporate, US Chamber of Commerce, chamber’s State of American, AAA, Moody’s Investors Service, US Chamber, Commerce’s, Google, Citigroup, Bank, JPMorgan, FactSet, Revenue, Profit, Federal Deposit Insurance Corporation, Valley Bank, Signature Bank, Bank of America, FDIC, Citi, China’s National Bureau of Statistics, Alcoa, National Statistics, US Commerce Department, US Labor Department, Federal Reserve, University of Michigan, National Association of Realtors Locations: Washington, Wells, Corporate America, chamber’s State, BlackRock, Amazon, Argentina, Japan

☆ A famed economist who called the 2008 recession warns stocks look 'eerily similar' to how they did before their 25% drop in 2022 — and says the US economy is still heading for a downturn
▼ + stars: | 2024-01-13 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

He is the founder of Rosenberg Research and the former chief economist at Merrill Lynch — and he called the 2008 recession. Rosenberg ResearchRosenberg's model takes into account stock valuations, investor sentiment, market technicals, investor positioning, and macro fundamentals. Here's The Conference Board's Leading Economic Index, which bundles together manufacturing data, bond and stock market performance, housing market activity, and consumer sentiment data. The economy doesn't jump from a tight labor market to layoffs," Rosenberg said in a note on Friday. Labor market and inflation data in the months ahead will tell the story for the US economy.

Persons: David Rosenberg, Merrill Lynch —, Rosenberg, It's, —, Louis, GMO's Jeremy Grantham, Societe Generale's Albert Edwards Organizations: Rosenberg Research, Business, Research, Federal Reserve Bank of St, CNN, National Federation of Independent Businesses, Rosenberg, Societe Generale's, Federal, Labor, CPI

[1/2] Members of the International Federation of Medical Students Associations hold placards during a protest demanding an end to fossil fuels at COP28 World Climate Summit, in Dubai, United Arab Emirates, December 3, 2023. Climate-related impacts "have become one of the greatest threats to human health in the 21st century", COP28 President Sultan Ahmed Al-Jaber said in a statement. The World Bank on Sunday launched a new Climate and Health program to explore possible interventions and public health solutions for developing countries. "We have new tools at the lab level that decimate mosquito populations," said Gates, whose foundation supports public health research and projects for the developing world. Former U.S. Secretary of State Hillary Clinton also spoke on Sunday at COP28, urging reform to the world's insurance system as another key requirement to keep people safe.

Persons: Amr Alfiky, Sultan Ahmed Al, Jaber, COP28, Joseph Vipond, Storm Daniel, Bill Gates, Gates, Hillary Clinton, Clinton, Gloria Dickie, Elizabeth Piper, Alexander Cornwell, Simon Jessop, Kate Abnett, William James, Katy Daigle, Jan Harvey Organizations: International Federation of Medical, United Arab Emirates, REUTERS, Rights, Physicians, World Health Organization, Bank, Sunday, Health, World Bank, Microsoft, Former U.S, Reuters, Thomson Locations: Dubai, United Arab, Alberta, Canada, Western, Libya, Pakistan, COP28

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