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A general view of the Lotte tower amid the the Seoul city skyline and Han river during sunset. Hong Kong's Hang Seng index futures were at 17,741, higher than the HSI's last close of 17,635.88. South Korea's Kospi rose 1.01%, while the small-cap Kosdaq climbed 1.22%. South Korea's producer price index in June rose 2.5% year-on-year, compared to a 2.3% climb in May. According to economists polled by Reuters, the country's consumer price index is expected to climb 2.7% year-on-year.
Persons: Australia's, Narendra Modi's, , Samantha Subin, Hakyung Kim Organizations: Nikkei, Barclays, Traders, Reuters, Nasdaq, Dow Jones Locations: Seoul, India, Asia, U.S
CNBC Daily Open: Wall Street looks past political uncertainty
  + stars: | 2024-07-23 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
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. Tech reboundThe S&P 500 posted its biggest gain since June 5, recovering from its worst weekly slide since April, as tech stocks rebounded led by Nvidia. The move allows Warner Bros. to retain some of its NBA broadcasting rights. However, the NBA may not want Warner Bros. as a media rights partner and could reject the company's matching rights, which could lead to a legal tussle.
Persons: Russell, CrowdStrike, George Kurtz, Mark Green, Andrew Garbarino, Berkshire Hathaway, Walter Cho, Joe Biden's, Kamala Harris Organizations: CNBC, Tech, Nvidia, Nasdaq, Dow Jones Industrial, Homeland Security, Microsoft, Delta Air Lines, Buffett, Warren, Bank of America, Apple, Boeing, Korean Air, Farnborough, NBA, Warner Bros, Discovery, National Basketball Association, Amazon Prime, Trump Locations: U.S, Berkshire
It’s also possible, these scientists warn, that deep-sea mining could disrupt the way carbon is stored in the ocean, contributing to the climate crisis. A documentary about deep-sea mining that Sweetman watched in a hotel bar in São Paulo, Brazil, unleashed a breakthrough. However, several countries, including the United Kingdom and France, have expressed caution, supporting a moratorium or ban on deep-sea mining to safeguard marine ecosystems and conserve biodiversity. Earlier this month, Hawaii banned deep-sea mining in its state waters. Many unanswered questions remain about how dark oxygen is produced and what role it plays in the deep-sea ecosystem.
Persons: Andrew Sweetman, they’re, , Sweetman, , SAMS, I’ve, , Franz Geiger, ’ ”, Geiger, Charles E, Emma H, Morrison, Daniel Jones, Beth Orcutt, Orcutt, Craig Smith, Smith, Camille Bridgewater, Hawaii’s Smith, ” Geiger, Diva Amon, ” Sweetman Organizations: CNN, Clarion, Scottish Association for Marine Science, Nature, NHMDeepSea, SMARTEX, International, Authority, UN, AA, Northwestern University, Northwestern’s Weinberg College of Arts and Sciences, National Oceanography, Bigelow Laboratory, Ocean Sciences, University of Hawaii, Geological Survey, University Locations: São Paulo, Brazil, Evanston , Illinois, Southampton, England, Maine, Mānoa, Jamaica, United Kingdom, France, Hawaii, Clarion
S&P 500 futures are near flat Monday night, with traders readying for earnings reports from major companies after the benchmark posted its best day in more than a month. Futures tied to the broad index sat near their flatline, as did Nasdaq 100 futures . The S&P 500 rose more than 1% for its best session since early June, while the Dow ticked higher by 0.3%. The S&P 500 was led higher by the information technology and communication services sectors, which gained roughly 2% and 1.2%, respectively. "If we get that bullish inflation report, I think you could see another leg higher in small caps and the banks."
Persons: Russell, Larry Tentarelli, Tentarelli, Mattel Organizations: New York Stock Exchange, Dow Jones Industrial, Dow, Nasdaq, Big Tech, Federal Reserve, Blue, Motors, Comcast, UPS, Technology, CNBC
Glen Powell and Daisy Edgar-Jones are turning heads with their style while promoting "Twisters." Powell has been sporting luxury accessories from Tag Heuer and Tom Ford on red carpets. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement"Twisters" is having one of the most glamorous press tours of the year — and it's all thanks to Glen Powell and Daisy Edgar-Jones. This story is available exclusively to Business Insider subscribers.
Persons: Glen Powell, Daisy Edgar, Jones, Powell, Tom Ford, Cartier, Organizations: Gucci, Service, Business
Bill Paxton starred in the original "Twister" movie in 1996. His son, James, makes a cameo in the sequel, "Twisters," to pay homage to his father, who died in 2017. "I did this one for Dad," James Paxton told Entertainment Weekly. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThough "Twisters" doesn't feature any of the stars from the 1996 blockbuster "Twister," the legacy sequel has a cameo that pays homage to the original — if you look closely.
Persons: Bill Paxton, James, James Paxton, , Kate, Daisy Edgar, Jones, Tyler, Glen Powell Organizations: Entertainment, Service, Business
Read previewAfter weeks of calls to replace President Joe Biden as the 2024 Democratic nominee, Biden officially dropped out of the race on Sunday. Despite his desire to seek reelection, Biden stepped down after reports of memory struggles and some Democratic leaders withdrawing their support. While Biden's career trajectory may not be relatable, the pain that can come with retiring is. "Biden spent his entire career and most of his life engaged in this work," Trujillo said. To help her clients figure out their next steps after big life events like retirement, Trujillo said she emphasizes looking at gains and losses.
Persons: , Joe Biden, Biden, Van Jones, " Jones, Natasha P, Trujillo, they're, Angela Williams, LCSW, Bettmann, Williams Organizations: Service, Democratic, Business, CNN
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. policies will have a 'profoundly negative' impact on Asia regardless of who's next presidentKingsley Jones of Jevons Global discusses what the U.S. elections mean for markets and its Asian allies.
Persons: who's, Kingsley Jones, Jevons Locations: Asia
A judge halted a St. Louis basic income program after a lawsuit called it unconstitutional. The city planned about $220,000 in payments before it was blocked. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA basic income program designed to help the poorest residents in St. Louis will have to hold off on payments after a judge sided with conservatives who called the program "unconstitutional" in a lawsuit. Two residents — Greg Tumlin and Frank Hale — filed the lawsuit against the city in June, challenging a program that would have given 540 low-income families payments of $500 a month.
Persons: Louis, Tishaura Jones, , Greg Tumlin, Frank Hale — Organizations: Missouri, Service, Business Locations: St
London, England CNN —The US men’s basketball team fought back from a double-digit deficit to edge past South Sudan 101-100 in a dramatic pre-Olympic friendly in London, England on Saturday. Despite its star power, Team USA has occasionally flattered to deceive recently and has looked unconvincing at times in victory. South Sudan, the world’s youngest country, is preparing to make its Olympic debut and defeated Great Britain in a friendly game on Thursday. South Sudan fought its way back into the game, catching fire from three-point range in the first quarter to grab the lead. “Don’t take nothing away from South Sudan,” he said.
Persons: LeBron James, Steve Kerr, Ivey, , ” Ivey, Shayok, Nathaniel S, Butler, Luol Deng, Carlik Jones, Marial Shayok, James, Steph Curry, Anthony Edwards, Anthony Davis, Curry, Kin Cheung, Wenyen Gabriel, , ” Shayok, Jones Organizations: England CNN, Team USA, Royal, United Arab Emirates, Olympic Games, NBA, O2, South, USA, AP “, Games, Puerto Locations: London, England, Sudan, South Sudan, Las Vegas, Paris . South Sudan, Great, Paris, South, USA, Serbia, Puerto Rico
Ashok Kumar | Getty Images Entertainment | Getty ImagesWhat is recession pop? Recession pop largely refers to the body of music that emerged during the Great Recession, which started in late 2007 and lasted for 18 months. It's a lot of Katy Perry, and a lot of hyper, very fast music," said Lewis. Why is recession pop having a renaissance? That tension has given way to recession pop."
Persons: Taylor Swift, Ashok Kumar, Charlie Harding, Harding, Joe Bennett, Katy Perry banger, Katy Perry, Lewis, Kevin Mazur, Bennett, Diane Negra, Charli XCX, Negra Organizations: Getty, New York University Steinhardt School of Culture ,, Human, Berklee College of Music, Pepsi, University of Phoenix, Farm, University College Dublin, Google, Dow Jones, Bank of America Locations: Singapore, Glendale , Arizona, U.S
S&P 500 futures inched up Sunday night after the broad market index suffered its worst weekly losses since April last week as investors rotated out of megacap technology stocks for smaller names. Since Biden's disastrous debate performance in June, many analysts were seeing an increasing likelihood of a win by former President Donald Trump in November. There may be a small unwinding of the Trump trade on Monday as Vice President Harris is perceived to have a slightly better chance of winning," Hatfield said. Traders have been pricing in nearly a 93% likelihood of the Federal Reserve cutting interest rates during its September meeting. During the previous trading week, the S&P 500 and Nasdaq Composite fell nearly 2% and 3.7%, respectively, marking their biggest weekly losses since April.
Persons: Joe Biden, Kamala Harris, Donald Trump, Jay Hatfield, Biden, Trump, Harris, Hatfield, Russell Organizations: New York Stock Exchange, Dow Jones Industrial, Nasdaq, Traders, Democratic, Infrastructure Capital Advisors, Federal Reserve, Dow, Verizon
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CNN —Amid celebration around the release of his new movie “Twisters,” Glen Powell took a moment to honor an acting “legend” who came before him. The “Hit Man” star posted a picture of himself alongside late actor Bill Paxton – who starred in the 1996 film “Twister” – on X on Friday. “As we release Twisters into the world today, I just wanted to look up and tip my hat to the legend that is Bill Paxton,” Powell wrote in the caption. Powell and Paxton costarred in the 2013 film “Red Wing,” which also featured the late Luke Perry. They joined Luke Combs on stage at his performance at MetLife Stadium in New Jersey to “shotgun” a few beers.
Persons: ” Glen Powell, , Bill Paxton –, Bill Paxton, ” Powell, , Powell, Paxton costarred, Luke Perry, Paxton, Helen Hunt, James Cameron, Daisy Edgar, Jones, Anthony Ramos, Luke Combs Organizations: CNN, MetLife Locations: New Jersey
The past week's tumultuous stock market action harkened back to the dark days of 2000 as the dot-com bubble was bursting, according to economist and strategist David Rosenberg. With tech leaders sagging and investors heading for cover, the widely followed market bear sees similarities between two eras that showed overheated investor sentiment and an overvalued market. "The massive daily swings reflect a manic market becoming unglued," the head of Rosenberg Research wrote in his daily market note Friday. "The action is highly reminiscent of what happened in the immediate aftermath of the Nasdaq rolling off the bubble highs in March 2000." Alfred E. Neuman feeling when I look at the action in the equity market and the reasons for this relentless exuberance," Rosenberg said.
Persons: David Rosenberg, Alfred E, Neuman, Rosenberg, Russell Organizations: Rosenberg Research, Nasdaq, Tech, Nvidia, Microsoft, Dow Jones, American, of, Investors, Investors Intelligence
The WNBA All-Star Game tips off tonight in Phoenix, Arizona, and the Team USA and Team WNBA line-up is one for the books. We've compiled everything you need to know about how to watch the WNBA All-Star Game, including cable and live streaming options. The WNBA All-Star Game brings the top players from every WNBA team together each year to play in a spirited, best-of-the-best match-up. Team WNBA, following the 2021 game ahead of the Tokyo Olympics, wherein Team WNBA beat out Team USA 93-85. How to watch the WNBA All-Star Game in the USThe WNBA All-Star game will tip off on Saturday, July 20, at 8:30 p.m. on ABC in the US.
Persons: We've, Breanna Stewart, A'ja Wilson, Caitlin Clark, Angel Reese, DeWanna Bonner, Jonquel Jones, ExpressVPN, USA Napheesa Collier, Mercury Chelsea Gray, Phoenix, Sabrina Ionescu, New York Liberty Jewell Loyd, Seattle Storm Kelsey Plum, Las Vegas Aces Breanna Stewart, Las Vegas Aces Breanna Stewart , New York Liberty Diana Taurasi, Mercury Alyssa Thomas, Mercury Alyssa Thomas , Connecticut Sun A'ja Wilson, Las Vegas Aces Jackie Young, WNBA DeWanna Bonner, Indiana Fever Caitlin Clark, Allisha Gray, Los Angeles Sparks Brionna Jones, Los Angeles Sparks Brionna Jones , Connecticut Sun Jonquel Jones, Los Angeles Sparks Brionna Jones , Connecticut Sun Jonquel Jones , New York Liberty Kayla McBride, Minnesota Lynx Kelsey Mitchell, Dallas Wings Nneka, Seattle Storm Angel Reese Organizations: Business, WNBA, Team USA, Team WNBA, Paris Olympics, Team, Tokyo, New York Liberty, Eastern, Las Vegas Aces, Indiana Fever, Chicago Sky, Connecticut Sun, ABC, USA, Minnesota Lynx, Mercury, Seattle Storm, Las Vegas Aces Breanna Stewart , New York Liberty, Mercury Alyssa Thomas , Connecticut Sun, WNBA DeWanna Bonner , Connecticut Sun, Atlanta, Los Angeles Sparks, Los Angeles Sparks Brionna Jones , Connecticut Sun, Los Angeles Sparks Brionna Jones , Connecticut Sun Jonquel Jones , New York, Indiana, Dallas Wings Locations: Phoenix , Arizona, Chicago, Connecticut, New York, Los Angeles, Las Vegas Aces Breanna Stewart , New, Mercury Alyssa Thomas , Connecticut, WNBA DeWanna Bonner , Connecticut, Boston, Indiana, Los, Los Angeles Sparks Brionna Jones , Connecticut, Los Angeles Sparks Brionna Jones , Connecticut Sun Jonquel Jones , New
CNN —Officials in New York launched an investigation Saturday after a person died in a small plane crash in Niagara County. It is unclear how many divers were on board before the crash, Niagara County Sheriff Michael Filicetti said at a news conference Saturday. A brush fire also reportedly began around the crash site, according to the release. The sheriff called the plane crash “an unfortunate incident” and added that local and federal law enforcement partners are working to determine what led to the crash. The pilot’s name was not released pending family notification, according to the Niagara County Sheriff’s Office’s statement.
Persons: , Tammy L, Jones, Niagara County Sheriff Michael Filicetti, ” Filicetti, Peter Knudson, Knudson Organizations: CNN, Cessna, Federal Aviation Administration, FAA, Niagara County Sheriff, National Transportation Safety Locations: New York, Niagara County, Lake, Youngstown , New York
Noah Berlatsky Noah BerlatskyAnd yet both, despite being centered on extreme weather events, avoid mentioning climate change directly. In the mid-1990s the right was already moving toward climate change denial. The characters’ silence is louder at a time when in real life many Republican leaders continue to deny climate change is a problem. The current Republican platform doesn’t mention global warming at all, and GOP presidential nominee Donald Trump has denied the scientific consensus on climate change. In a 2022 survey, only 23% of Republicans thought climate change was a major threat.
Persons: Noah Berlatsky, CNN — Lee Isaac Chung’s “, Noah Berlatsky Noah Berlatsky, , Kate, Daisy Edgar, Jones, Javi, Anthony Ramos, Tyler Owens, Glen Powell, she’s, Tyler, Lee Isaac Chung’s “, Donald Trump, James Whale’s, Frankenstein, Frankenstein ”, Bill Paxton, Helen Hunt, it’s, , Twisters Organizations: CNN, YouTube, Warner Bros, Hollywood, Republican, GOP Locations: Chicago, Oklahoma, New York
Victor Conte is a sports coach who designed doping programs with world-class athletes. Through his platform, the Bay Area Laboratory Co-operative, or BALCO, he supplied an untraceable designer steroid among other drugs to competitors who dominated the Sydney 2000 and Athens 2004 Olympics. Conte used a transparent anabolic steroid nicknamed "the clear" in training programs with track athletes such as Marion Jones and Tim Montgomery. He also developed doping programs for athletes in Major League Baseball, the National Football League, and other sports federations. This story is available exclusively to Business Insider subscribers.
Persons: Victor Conte, Conte, Marion Jones, Tim Montgomery Organizations: Bay Area Laboratory, Sydney, Major League Baseball, National Football League, Business Locations: Bay, Athens
While the triggers for stock market crashes vary, the ultimate outcome is always the same: the market recovers. Here's a summary of eight of the most notable stock market crashes in history, their causes, and their fallout. Stock market crash FAQWhat happens when a stock market crashes? Numerous things can cause a stock market to crash, including:PanicNatural or man-made disastersEconomic crisesSpeculationCan a stock market crash be prevented? Unlike a bear market, stock market corrections are often short and usually work themselves out.
Persons: It's, Terry Marsh, Here's, Stocks, Carola Frydman, J.P, Morgan, , Blair Hull, Alan Greenspan, Marc Chandler, Marsh, weren't, Tyler Muir, Thai bhat, Paula Bronstein, Stringer, Chandler, chipmaker, WebVan.com, Muir, The, Lehman Brothers, NICHOLAS ROBERTS, homebuyers, Bear, Lehman, Fannie Mae, Freddie Mac, Dodd, Frank Wall, Europe —, Italy — Organizations: Federal Reserve System, SEC, FDIC, Haas School of Business, University of California, Federal Reserve, United Copper Company, UCC, Kellogg School of Management, Northwestern University, Federal, System, Dow Jones, Gross, Federal Deposit Insurance Corporation, Securities and Exchange Commission, Dow, Nasdaq, Chicago, Black, Bannockburn Global Forex, UCLA Anderson School of Management, Getty, Asia, International Monetary Fund, chipmaker Qualcomm, The Sarbanes, Oxley, Investors, Financial, Bear Stearns, Lehman Brothers, Nikkei, US, Asset, Frank Wall Street Reform, Consumer, Consumer Financial, Dow Jones Industrial, Center, Budget, Stock, Corrections Locations: University of California Berkeley, AFP, Iran, Bannockburn, Japan, Thai, Asia, Thailand, Malaysia, Indonesia, South Korea, COVID, China, Europe, Italy, Chevron
Index funds are a type of investment vehicle aiming to match the returns of a specific market index. "Index funds generally benefit an investor by providing diversification and relatively low fees compared to actively managed funds. Decide which index funds to invest inNow it's time to decide which index funds you want to invest in. "In this scenario, the investor would research the universe of index funds available and purchase the funds they'd like to own." Index fund investing FAQsHow do I buy an index fund on my own?
Persons: Warren Buffett, Julian Schubach, Louis, Ameritrade, Charles Schwab, you've, Schwab Organizations: Independence, Nasdaq, Nasdaq Stock Market Dow, NYSE, New York Stock Exchange, U.S, Federal Reserve Bank of St, Market, Fidelity, Vanguard, Chevron Locations: Chevron
Glen Powell and Daisy Edgar-Jones star as storm chasers who try to stop tornadoes in "Twisters." The pair have fun romantic chemistry in the sequel and a clip of them kissing on the set leaked online. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFans are upset after a clip of Glen Powell and Daisy Edgar-Jones kissing in "Twisters" that leaked online didn't end up in the final cut. Powell and Edgar-Jones play storm chasers Tyler Owens and Kate Cooper as they try to find a way to stop tornadoes from wreaking havoc on Oklahoma.
Persons: Glen Powell, Daisy Edgar, Jones, , Powell, Edgar, Tyler Owens, Kate Cooper, Owens, Cooper Organizations: Service, Business Locations: Oklahoma
How ‘Twisters’ Destroys a Motel
  + stars: | 2024-07-19 | by ( Mekado Murphy | More About Mekado Murphy | ) www.nytimes.com   time to read: +3 min
My name is Lee Isaac Chung and I am the director of “Twisters.” So this is a scene that happens about halfway through the film. Other interesting actors in this sequence, we have James Paxton, who is actually the son of Bill Paxton. So any time we’re filming inside of this swimming pool, there were people outside, our crew, who were destroying the set. The swimming pool had actually never been there. We had found this motel in which there were three separate structures within the motel.
Persons: Lee Isaac Chung, , Kate, Daisy Edgar, Jones, Tyler, Glen Powell, James Paxton, Bill Paxton, Lily Smith, Mark L, Smith, Samantha Ireland, Aila Grey, Jeff Swearingen, Scott Fisher, he’s yanked, Jeff, Geoff Haley
Some of the companies reporting quarterly results next week are more likely to see their stocks get a post-earnings bump. Quarterly earnings so far have been positive. FactSet data showed that as of Thursday, 80% of the 61 companies in the S & P 500 that had already reported topped analyst earnings estimates. Analysts have revised their earnings estimates upwards by 25% and 64%, respectively, in the past three and six months. Analyst Jay Sole said he expects the Hoka brand has maintained "robust revenue momentum," which should give Deckers a good chance of beating earnings estimates and raising its forecast.
Persons: FactSet, Wamsi Mohan, Jay Sole, , Fred Imbert Organizations: Dow Jones, CNBC, Wall Street, JPMorgan, Royal, Seagate Technology, Bank of America, UBS Locations: Royal Caribbean
Sean Waugh holds a laptop with green, red and yellow weather radar looping as his driver rumbles down an Oklahoma highway in their government-issued truck. A rectangular cage with metal mesh covers the truck in an attempt to protect the team from hail. Hanging off the front of the hail cage are weather instruments that look like the horn of a rhinoceros charging into a storm. The truck, called Probe One, points in one direction, and a companion, Probe Two, points in another. “Probe One, you want us to go?”“Yes, go now,” says Dr. Waugh, a researcher with the National Severe Storms Laboratory.
Persons: Sean Waugh, , Waugh, Reed Timmer Locations: Oklahoma
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