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Gold prices holds steady with U.S. CPI data on radar
  + stars: | 2024-09-11 | by ( ) www.cnbc.com   time to read: +2 min
Gold bars and gold coins of different sizes lie in a safe on a table at the precious metal dealer Pro Aurum. Gold prices steadied on Wednesday, as investors keenly awaited the U.S. inflation data for hints on the size of the Federal Reserve's potential interest rate cut next week. The U.S. Consumer Price Index data is due at 1230 GMT, while the Producer Price Index reading and initial jobless claims are due on Thursday. The Fed will lower interest rates by 25 basis points at each of the three remaining policy meetings in 2024, according to a majority of economists in a Reuters poll. Zero-yield bullion tends to be a preferred investment amid lower interest rates and geopolitical turmoil.
Persons: Matt Simpson, Price, Jerome Powell's, Peter Fung, Yoav Gallant Organizations: Aurum, Federal, Index, U.S, Consumer, Metals Locations: Gaza, Lebanon
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Kevin Simpson sells Deere and buys more TJX CompaniesKevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's 'Halftime Report' to detail his latest portfolio moves.
Persons: Kevin Simpson Organizations: Deere, Wealth Planning
A judge in Kentucky has dismissed core charges against two former Louisville police officials involved in the raid that ended in Breonna Taylor's death. Judge Charles R. Simpson III of western Kentucky's U.S. District Court on Thursday said Taylor's death was triggered by the actions of her boyfriend, who opened fire when police arrived outside her Louisville apartment March 13, 2020. "Those violations resulted in Ms. Taylor’s death," he said in a statement at the time. Jaynes and Meany weren't at the raid, and her death was more directly tied to Walker's decision to open fire, the judge wrote. "The Court finds that the warrantless entry was not the actual cause of Taylor’s death," he wrote in his decision.
Persons: Breonna, Judge Charles R, Simpson, Joshua Jaynes, Kyle Meany, Kenneth Walker's, Taylor, Breonna Taylor, George Floyd, Jaynes, Meany, General Merrick B, Garland, Taylor’s, Meany weren't, Taylor's, Kelly Goodlett, Brett Hankison, Walker Organizations: Louisville, Louisville Police, Department, Justice Department, NBC News, U.S . Justice Department, Associated Press, AP Locations: Kentucky, Kentucky's U.S, Louisville, Minneapolis
CNN —Traditionally, women considered “demure” behave in a way that is modest, reserved and inoffensive to the point that they’re barely visible. “That’s the joke!”The satire is clearest in a clip in which she asserts that she’s going to behave in a demure, mindful way while going out on the Las Vegas Strip. (The Lincoln Project also made its own “demure” video making fun of Vance and his appearance.) “One thing you need to learn about being demurity, about being demure –– being demure is being mindful, and being mindful includes your f**king self,” she says. Be mindful, be demure and don’t ever let no b*tch dull your shine.”
Persons: Lebron, , Marge Simpson, Patty, Selma, , who’s, she’ll, it’s, you’ve, She’s, Kamala Harris ’, Donald Trump, Ohio GOP Sen, JD Vance, Vance, dainty, “ Chase Organizations: CNN, , Texas, Las, Taco Bell, CVS Pharmacy, Lebron, Ohio GOP, Lincoln Locations: Ohio
The buzz around artificial intelligence may have quietened after a volatile week for some of the sector's biggest names, but Morgan Stanley continues to see promise in a raft of European stocks. Morgan Stanley's "European AI shopping list" includes names ranging from semiconductor equipment and data center plays to software and healthcare companies. Morgan Stanley has a target price of 1,000 euros ($1,092) on the stock, giving it over 27.5% potential upside. Segro Morgan Stanley describes British REIT Segro as the "landlord of Europe's largest cluster of data centers." Morgan Stanley has a target price of 224 euros on the stock, giving it around 18.3% upside potential.
Persons: Morgan Stanley, Morgan Stanley's, ASML Morgan Stanley, Lee Simpson, ASML's, Simpson, Segro Morgan Stanley, Segro, Bart Gysens, SAP Morgan Stanley, Adam Wood, Merck KGaA, Morgan, Thibault Boutherin, Boutherin, — CNBC's Michael Bloom Organizations: Apple, Euronext, Nasdaq, London Stock Exchange, Euronext Paris, American Depository, SAP, Frankfurt Stock Exchange, New York Stock Exchange, Merck, EMD Group, Canada, Merck KGaA's Electronics Locations: Europe, TSMC, Euronext Amsterdam, U.S, United States, Frankfurt
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Kevin Simpson buys American Express and more AppleKevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to detail his latest portfolio moves.
Persons: Kevin Simpson Organizations: American Express, Wealth Planning
CNN —When women first competed in Olympic track and field events in 1928, they wore loose t-shirts and wide shorts, sometimes cinched with a belt. Nike's design for the US women's team outfit, right, is seen in an image posted to X by @CitiusMag. The controversy follows a headline-making protest at the 2020 Tokyo Games, when the German women’s gymnastics team rejected bikini-cut unitards in favor of fuller coverage, in a statement against “sexualization in gymnastics,” the German Gymnastics Federation said at the time. Function and styleOn the Olympic track, there aren’t many regulations when it comes to what athletes can wear. But more fabric hasn’t caught on since then for women track athletes; instead, the reverse has trended.
Persons: Lauren Fleshman, , Tara Davis, Woodhall, Katie Moon, Sha’Carri Richardson, Judy Simpson, Jackie Joyner, David Cannon, , Gadget, Abebe Bikila, hemlines, Dobriana Gheneva, ” Gheneva, That’s, Florence Griffith Joyner, Richardson, Vogue, Florence Griffith, Joyner, Tony Duffy, Sha'Carri Richardson, Griffith Joyner, Tim Clayton, Corbis, Griffith Joyner’s, Serena Williams, Cathy Freeman, Flo, Gheneva, baring Organizations: CNN, Nike, Games, US, @CitiusMag, Paris, USA, Field, USATF, Angeles Olympics, German Gymnastics Federation, World Athletics, Ethiopian, Gamma, Getty, Fashion Institute of Technology, Reebok, , Locations: German, Keystone, France, New York
Gold scales 2-week high as Fed nods to likely Sept rate cut
  + stars: | 2024-08-01 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices climbed to a two-week high on Thursday as U.S. Federal Reserve Chair Jerome Powell opened the door to cutting interest rates as early as September. Gold prices climbed to a two-week high on Thursday as U.S. Federal Reserve Chair Jerome Powell opened the door to cutting interest rates as early as September. Prices were just about $35 shy of the record high of $2483.60 scaled on July 17. "Gold bulls couldn't resist the urge to buy more gold after the Fed effectively signaled the beginning of its rate-cut cycle. "If the data comes in much hotter than expected, that could dent gold as we head towards the weekend," Simpson added.
Persons: Jerome Powell, Matt Simpson, Simpson, Ismail Haniyeh, Nicky Shiels Organizations: Federal, Index, MKS PAMP SA Locations: U.S, Tehran, Israel, Gaza
Trade Tracker: Kevin Simpson buys more Honeywell and Visa
  + stars: | 2024-07-31 | 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: Kevin Simpson buys more Honeywell and VisaKevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to explain his latest trades. Plus the Committee discuss the banking sector.
Persons: Kevin Simpson Organizations: Honeywell, Wealth Planning
Dollar, yen hold tight ranges ahead of BOJ, Fed
  + stars: | 2024-07-30 | by ( ) www.cnbc.com   time to read: +3 min
The dollar and yen kept within close ranges on Tuesday as traders awaited a barrage of key central bank decisions, kicking off with midweek monetary policy meetings from the Bank of Japan and Federal Reserve. The dollar and yen kept within close ranges on Tuesday as traders awaited a barrage of key central bank decisions, kicking off with midweek monetary policy meetings from the Bank of Japan and Federal Reserve. The Japanese currency was taking a breather from its recent rally as the BOJ began its two-day meeting on Tuesday, having surged over 2% against the dollar last week. The Fed is widely expected to stand pat this week, but markets are betting the U.S. central bank will begin cutting rates at the following meeting in September. Investors will be listening for any hints that Fed Chair Jerome Powell may drop on how soon policymakers are prepared to cut rates at his press conference.
Persons: Matt Simpson, Jerome Powell, Powell, Jackson, Index's Simpson, Sterling, bitcoin Organizations: Bank of Japan, Federal Reserve, Index, Fed, Treasury, Bank of England's Locations: U.S
Here's what fans need to know about how to buy 2024 Outside Lands tickets, from original tickets to verified retailers, including StubHub and VividSeats. Outside Lands Music Festival 2024 scheduleOutside Lands is a three-day event in Golden Gate Park, San Francisco. How to buy tickets for Outside Lands 2024Festival goers can visit Outside Lands with either a single-day ticket or a three-day pass. How much are Outside Lands Music Festival tickets? Who is performing at the Outside Lands Music Festival?
Persons: Sabrina Carpenter, Sturgill Simpson, Post Malone, Grace Jones, Chappell Roan, Idris Elba, Victoria Monét, Dolores, Daniel Caesar, Reneé Rapp, Knock2, Kevin, Shiba, Freyr, Joe Kay, Jared Jackson, Darius, Shaboozey, Rocco, Kasablanca, Marsh, Billy Woods, Rochelle Jordan, Odie Leigh, Yulia Niko, Miles, Valencia Grace, Jackie Hollander, Chris Lake, Schoolboy Q, Fletcher, Charley Crockett, Madonna, Romy, STRFKR, Allen Stone, Tsha, Ryan Beatty, Sofia Kourtesis, Mimi Webb, Kaleena, Anish Kumar, Lady Wray, Chuck Gunn, Kaytranada, Teddy, Victoria Monét, Slowdive, Mike, Ben Howard, Paul Cauthen, Seth Troxler, Uncle Waffles, Corinne Bailey Rae, Elyanna, Chance Peña, Jaden Thompson, Katie Pruitt, OGI, Dan SPencer, Lael Neale Organizations: Business, Planet Entertainment, Postal Service, Party, Gate, Golden, Purchasing, Shiba San, CID, The Postal Service, Channel Tres, Amyl, AG Club, TV Locations: Francisco, San Francisco ., Tyla, Slowdive, San Francisco, Real, K.Flay, Roosevelt, CMAT
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Read previewIn 2019, at the age of 23, Lauren Simpson and her husband Ian decided to pursue an ambitious goal: retire by age 35. The rest is from the equity they've built in four properties they've purchased over the last three years: one primary residence and three rental properties. These properties also provide the couple with rental income that they put toward their savings. When someone buys a second home or investment property, mortgage lenders often require a downpayment of at least 10%. In addition to buying investment properties, Simpson said she and Ian have done whatever they can to grow their savings.
Persons: , Lauren Simpson, Ian, Simpson, Roth, they've, New Hampshire — Simpson, we've Organizations: Service, Business, FIRE, Roth IRA, baseball Locations: New Hampshire, Florida,
Trade Tracker: Kevin Simpson buys TJX Companies
  + stars: | 2024-07-23 | 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: Kevin Simpson buys TJX CompaniesKevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to explain why he's buying the consumer discretionary name.
Persons: Kevin Simpson Organizations: TJX, Wealth Planning
In episode titled “Bart to the Future,” which released in 2000, Lisa Simpson is shown growing up to become the first female president of the United States. Al Jean, one of the best known among “The Simpsons” writers, commented about the similarity on social media. But it’s not the first time an episode of “The Simpsons” has served as a coincidental Magic 8 Ball. The Simpsons Smartwatch prediction (1995) via @mashable. The Simpsons - Gunter & Ernst & the White Tiger AnastasiaIn the episode, a white tiger attacks “Gunter and Ernst” during their act as revenge for having been snatched away from his life in the wild.
Persons: Bart, Lisa Simpson, She’s, Kamala Harris, Al Jean, , it’s, Trump, Lady Gaga, Gaga, Siegfried, Roy, Siegfried Fischbacher, Roy Horn, Anastasia, “ Gunter, Ernst ”, Horn Organizations: CNN, Trump Trump, Super, Springfield, Gunter, Ernst, London Symphony, London Symphony Orchestra, London’s Royal Albert Hall Locations: United States, Cypress, Hill
Analyst Mauricio Serna also raised his price target to $20 from $13, indicating 57.6% upside potential from where shares closed on Thursday. Barclays also lowered its price target to $47 from $55, indicating 11.4% downside from Thursday's close. Analyst Benjamin Swinburne has a $780 price target on shares, indicating shares could rise 20% from Thursday's close. Cahall raised his price target to $758 from $726, suggesting nearly 18% upside potential from the stock's close price on Thursday. His new price target of $190, up from $107, implies upside of 20% from Thursday's close.
Persons: Morgan Stanley, Mauricio Serna, Serna, — Hakyung Kim, Barclays downgrades Molson Coors, Lauren Lieberman, BUD YTD, Hakyung Kim, Benjamin Swinburne, Swinburne, Doug Anmuth, Anmuth, Wells, Steven Cahall, Cahall, Arm Holdings Morgan Stanley, Lee Simpson, Simpson, GenAI, Fred Imbert Organizations: CNBC, Netflix, Arm Holdings, UBS, Barclays downgrades, Barclays, bearish, Molson Coors, NFLX's, Holdings, ARM Locations: Serna, Thursday's, Wells Fargo
Semiconductor manufacturer Arm Holdings may be a key player in the rise of "edge AI," according to Morgan Stanley. Edge AI refers to deploying AI models and machine learning on local devices, such as sensors or Internet of Things devices, rather than on the cloud. The growing edge AI landscape gives the company opportunities throughout smartphones, auto vehicles and even in AI PCs, said Simpson. In particular, the rise of chips in auto vehicles is a significant opportunity, Simpson believes, forecasting auto royalties to soar to $1.1 billion by 2030. "We think of Arm products as fundamental to the successful emergence of edge AI," Simpson said.
Persons: Morgan Stanley, Lee Simpson, Simpson Organizations: Arm Holdings, Edge, ARM
The Most Memorable Reviews by Pete Wells
  + stars: | 2024-07-16 | by ( Sara Bonisteel | ) www.nytimes.com   time to read: +1 min
As The New York Times’s restaurant critic for the last dozen years, Pete Wells has reported from the dining-room trenches on a changing industry. Pete has explored the five boroughs and far beyond, as the Food desk’s coverage of restaurants widened its scope. He noted the rise in food halls in New York, and the city’s vast wealth of Chinese restaurants. (If you’re curious about his process, listen to him on this episode of “The Daily” and learn why he always packs a notebook.) Wong, ★★, 2012His first column as restaurant critic took him to an Asian fusion restaurant from the chef Simpson Wong, where the duck-fat ice cream and duck-tongue meatballs brought smiles of pleasant surprise.
Persons: Pete Wells, Pete, Wong, ★ ★, Simpson Wong Locations: York, New York
Gold eases, investors seek more cues on Fed's rate path
  + stars: | 2024-07-15 | by ( ) www.cnbc.com   time to read: +2 min
A selection of gold bars and one-ounce gold coins at Gold Investments Ltd. bullion dealers in London, UK, on Tuesday, May 21, 2024. Gold prices dipped on Monday as the dollar held firm, while investors awaited comments from Federal Reserve officials and economic data for further cues on U.S. interest rate trajectory. The dollar rose on safety bids after an attempted assassination of former U.S. President Donald Trump, which raised his odds of winning. Data sets due this week include U.S. retail sales, industrial output for June and weekly jobless claims. "If we get another big miss on retail sales, it will reinforce there is a sense of urgency to cut rates, which could help gold.
Persons: Donald Trump, I'm, Trump, Matt Simpson, Jerome Powell, Ilya Spivak Organizations: Gold Investments, Federal Reserve, Trump, Index Locations: London, Beijing
Volatile yen keeps markets on edge as intervention risks swirl
  + stars: | 2024-07-12 | by ( ) www.cnbc.com   time to read: +4 min
A sheet of newly-designed Japanese 10,000 yen banknotes at the National Printing Bureau Tokyo plant in Tokyo, Japan, on Wednesday, June 28, 2023. The Japanese currency swung between gains and losses in early trading before trading slightly weaker. It spiked nearly 3% to as high as 157.40 immediately after the consumer inflation report on Thursday. "Currency interventions should certainty be rare in a floating rate market, but we'll need to respond appropriately to excessive volatility or disorderly moves," Kanda said. Tokyo intervened at the end of April and in early May, spending roughly 9.8 trillion yen ($61.55 billion) to support the currency.
Persons: Masato Kanda, Kanda, It's, Siong Sim, Charu Chanana, Matt Simpson, Menon, Donald Trump, Sterling Organizations: National Printing Bureau, Asahi, Nikkei, Bank of Singapore, U.S, CPI, Saxo, Federal Reserve, City, Traders, Presidential, Trump Locations: National Printing Bureau Tokyo, Tokyo, Japan, U.S
Trade Tracker: Kevin Simpson sells Apple Covered Calls
  + stars: | 2024-07-12 | 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: Kevin Simpson sells Apple Covered CallsKevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to detail his latest Covered Call trade in Apple.
Persons: Kevin Simpson Organizations: Wealth Planning, Apple
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Kevin Simpson sells Cisco and buys more TJX Companies and AmgenKevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to detail his latest trades.
Persons: Kevin Simpson Organizations: Cisco, Wealth Planning
Across the world, wildlife crimes – including animal trafficking and poaching – are on the rise and are a major threat to the planet’s biodiversity. Often, he says, wildlife crimes happen in remote areas without witnesses and first responders can accidentally disrupt the scene and contaminate evidence. Once the crime scene has been investigated, the students are taught how to chemically analyze the evidence at an on-site laboratory. “We have so many poachers that have walked free in court because rangers didn’t collect enough evidence. In the first quarter of this year, IFAW reported 32 wildlife crime cases being presented in court and 24 people accused of wildlife crimes awaiting prosecution.
Persons: Greg Simpson, isn’t, , , Jo Munnik, Phil Snijman, ” Mkhabela, IFAW, Kevin Pretorius, Simpson Organizations: CNN, Initiative, Wildlife Forensics Academy, WFA, CSI, International Fund for Animal Welfare, Kenya Wildlife Service, Green Law Foundation, High Locations: Cape Town , South Africa, Africa, South Africa, KwaZulu, Natal, iMfolozi, Greater Kruger, , Malawi, Botswana
Learn moreThe Real Housewives that started it all are back, and the new season promises lots more of the OC's signature drama. We've compiled everything you need to know about where to watch The Real Housewives of Orange County, no matter where you are. The Real Housewives of Orange County, or RHOC as it's known by fans, returns for Season 18 tonight. Where to watch The Real Housewives of Orange County in the USSeason 18 of The Real Housewives of Orange County will air on Thursdays at 9 p.m. Season 18 main castShannon Storms BeadorHeather DubrowTamra JudgeGina KirschenheiterEmily SimpsonJennifer PedrantiKatie GinellaThe Real Housewives of Orange County Season 18 trailerBravo released a three-minute sneak peek of Season 18 last month, wherein viewers can glimpse some of the shenanigans the ladies get up to this season.
Persons: We've, Shannon Storms, Katie Ginella, Alexis Bellino, we've, Peacock, ExpressVPN, Heather Dubrow, Gina Kirschenheiter Emily Simpson Jennifer Pedranti Katie Ginella, Bravo Organizations: Business, Housewives, Real Housewives, Bravo, NBC, The Real Housewives, Amazon, Orange Locations: Orange County, London, RHOC, Australia
Gold eases from May peak on profit taking
  + stars: | 2024-07-08 | by ( ) www.cnbc.com   time to read: +2 min
A view of ingots of 99.99 percent pure gold, which are placed in a workroom, at Novosibirsk Refining Plant, Russia's leading gold refining and bar manufacturing plant, in Novosibirsk, Russia on Sept. 15, 2023. Spot gold fell 0.4% at $2,382.17 per ounce as of 0346 GMT, after rising to its highest level since May 22 on Friday. Traders are also pricing in a rising chance of a second rate cut in December. Elsewhere, top consumer China's central bank refrained from gold purchases to its reserves for a second consecutive month in June. "China may have paused their gold purchases, but it remains in demand overall.
Persons: We're, Kyle Rodda, CME's, Jerome Powell's, Powell, Matt Simpson, bullish, Simpson Organizations: Novosibirsk Refining Plant, Capital.com, Federal, Fed Locations: Novosibirsk, Russia, China
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