DIRS.INFO The most relevant business & tech news

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy the U.S. has the oldest politicians in the worldThe issues of age and candidate vitality are having an impact on the 2024 election. National lawmakers in the U.S. are relatively old when compared to legislative bodies around the world. Senior, incumbent politicians tend to have advantages when it comes to experience, life circumstances and fundraising abilities that can increase their odds of reelection. Meanwhile, those many aging politicians could influence public spending decisions that shape the U.S. economy for years to come.

Locations: U.S

Best Banks for Avoiding ATM Fees of 2024Axos Bank: Best online bank for avoiding domestic ATM feesConnexus Credit Union: Best credit union for avoiding domestic ATM feesChase Bank: Best national bank for avoiding domestic ATM feesCharles Schwab: Best institution for avoiding international ATM feesTD Bank: Best regional bank for avoiding domestic ATM feesBetterment: Best online banking platform for avoiding domestic ATM feesCompare the Top Banks for Avoiding ATM FeesThe best banks for avoiding bank ATM fees have free regional or national ATM networks, so you won't be charged for using an ATM. Here are the best banks for avoiding ATM fees as picked by Business Insider editors in 2024. up to $500 Pros Check mark icon A check mark. You could also refer to the schedules of fees document to review ATM fees and ATM withdrawal limits." Methodology: How Did We Choose the Best Banks for Avoiding ATM Fees?

Persons: Banks, Charles Schwab, Cash, you'll, Chase, Chase Sapphire, Schwab, you've, JP Morgan Chase, Jeffrey Epstein's, it's, You'll, Mykail James, Sophia Acevedo, Tania Brown, Roger Ma, James, Sophia, Axel Springer, Education Sophia, Evelyn, Read Organizations: Credit, Chase Bank, Best, Bank, Business, Axos, Axos Bank, Credit Union, Connexus Association, Chase, Start, JPMorgan Chase Bank, Chase Sapphire Banking, Chase Sapphire ℠ Banking, Chase Mobile, Chase Sapphire, Chase Sapphire ℠, Schwab, Charles, Charles Schwab Bank, Bank Best, East Coast, TD Bank, FDIC, NBKC Bank, U.S . Virgin, SEC, Alliant Credit Union, Ally, Bank5, Bethpage Federal Credit Union, CIT Bank, Connexus Credit Union, Discover, NBKC, Salem, Service Credit Union, SoFi, TIAA Bank, MasterCard, Finance, Savings, Education, California State University Fullerton, Angeles, Personal Finance Locations: Connexus, Minnesota , Ohio, Wisconsin, Alaska, Hawaii, Puerto Rico, United States, East, East Coast, Connecticut , Delaware, Florida , Maine , Maryland , Massachusetts, New Hampshire , New Jersey , New York, North Carolina , Pennsylvania, Rhone Island, South Carolina, Vermont, Chevron, Bethpage, NBKC Bank, U.S, California

☆ U.S. National Debt Tops $35 Trillion for First Time
▼ + stars: | 2024-07-29 | by ( Alan Rappeport | ) www.nytimes.com time to read: +1 min

America’s gross national debt topped $35 trillion for the first time on Monday, a reminder of the nation’s grim fiscal predicament as legislative fights over taxes and spending initiatives loom in Washington. The Treasury Department noted the milestone in its daily report detailing the nation’s balance sheet. The leading presidential candidates, Vice President Kamala Harris and former President Donald J. Trump, have said little about the nation’s deficits on the campaign trail, suggesting that the economic problem will only worsen in the coming years. Deep differences between Republicans and Democrats on policy priorities and resistance within both parties to enacting cuts to the biggest drivers of the national debt — Social Security and Medicare — have made it difficult to reduce America’s borrowing. The Congressional Budget Office said last month that the U.S. national debt is poised to top $56 trillion by 2034, as rising spending and interest expenses outpace tax revenue.

Persons: Kamala Harris, Donald J Organizations: The Treasury Department, Trump, Social Security, Medicare, Congressional, Office, U.S Locations: Washington, United States

Tensions were running high on both sides of the Israel-Lebanon border on Monday in anticipation of an escalation in hostilities, after Israel’s security cabinet authorized its leaders to decide on the nature and timing of an Israeli military response to a deadly rocket attack from Lebanon last weekend. The Israeli military said overnight that its aerial defense systems successfully intercepted an unmanned aircraft that crossed from Lebanon into northwestern Israel. The Israeli military did not immediately comment on those attacks. Hezbollah has denied responsibility for the rocket attack Saturday that struck a soccer field in Majdal Shams. But the Israeli military said the type of rocket used in the attack is Iranian-made and carries more than 50 kilograms (110 pounds) of explosives.

Persons: Majdal Shams, Benjamin Netanyahu, Yoav Gallant, Antony J, Blinken, Isaac Herzog, “, Matthew Miller, Adrienne Watson, Gallant, ”, Mohamed Awada, Hwaida Saad, Edward Wong, Gabby Sobelman, Myra Noveck Organizations: Hezbollah, Israel’s, United, State Department, U.S . National Security Council, Lufthansa Group, East Airlines, Lebanon’s Locations: Lebanon, Majdal, Golan, Israel, Iran, United States, Gaza, Tokyo, Majdal Shams, Iranian, Beirut’s, Beirut, Jerusalem

☆ Justice Department claims TikTok collected U.S. user views on issues like abortion and gun control
▼ + stars: | 2024-07-27 | by ( ) www.cnbc.com time to read: +6 min

In a fresh broadside against one of the world's most popular technology companies, the Justice Department is accusing TikTok of harnessing the capability to gather bulk information on users based on views on divisive social issues like gun control, abortion and religion. The Justice Department warned, in stark terms, of the potential for what it called "covert content manipulation" by the Chinese government, saying the algorithm could be designed to shape content that users receive. In the redacted version of the court documents, the Justice Department said another tool triggered the suppression of content based on the use of certain words. Certain policies of the tool applied to ByteDance users in China, where the company operates a similar app called Douyin that follows Beijing's strict censorship rules. But Justice Department officials said other policies may have been applied to TikTok users outside of China.

Persons: ByteDance, TikTok, Joe Biden, Alex Haurek, Haurek, we've Organizations: Justice, Wall Street, Department, Justice Department, U.S Locations: Washington, Beijing, China, U.S, Texas, Israel, Gaza

When the Federal Reserve adjusts the federal funds rate, the decision affects banking products. It holds eight meetings annually, and one of the primary topics discussed is the federal funds rate. As a consumer, you'll see that changes to the federal funds rate impact banking products. The Federal Reserve raised the federal funds rate several times in 2023 to combat inflation, which is why savings rates are still competitive in mid-2024. If the Fed raises interest rates, interest rates on banking products will likely be impacted.

Persons: aren't, Jerome Powell, Banks, it's Organizations: Fed, Federal Reserve, Market, Governors, Federal Reserve Bank of New York, Bank, Reserve Bank, Market Committee, Chevron

☆ Open Championship analysis: 10 things to know about Xander Schauffele’s win
▼ + stars: | 2024-07-21 | by ( Justin Ray | ) www.nytimes.com time to read: +8 min

Here are the top numbers and notes to know from the final round of the 152nd Open Championship. For the second time this season, Schauffele shot a final round 65 to win a major. Schauffele is the first player to win the PGA and Open in the same season since Rory McIlroy did it 10 years ago. With the 2024 major schedule completed, this is the first time American players have swept a major season (in a year when all four were contested) since 1982. Of the last six players to win multiple majors in the same season, four won another major within the next two years.

Persons: Xander Schauffele, Schauffele, Jack Nicklaus, Rory McIlroy, Walter Hagen, Tiger Woods, Tom Watson, Brian Harman’s, Woods, Craig Wood, Billy Horschel, Harry, Bogeys, Horschel, Henrik Stenson’s, Justin Rose, Rose, Lawrence, Lawrence hadn’t, Dan Brown, Royal Portrush, Brown, Scottie Scheffler, Scottie, hasn’t, Scheffler, Justin Thomas ’, Glyn Kirk, Thomas, Matthew NeSmith, Schauffele’s, Collin Morikawa, Russell Henley, Shane Lowry, Jordan Speith, Brooks Koepka, Andy Buchanan Organizations: Royal Troon, 152nd, PGA, Troon, Royal Liverpool, PGA Tour, Merion, Royal, Getty, Royal Troon doled, U.S, Pinehurst Locations: American, Ayrshire, men’s, AFP

☆ What to know if you’re traveling this weekend amid the global tech outage
▼ + stars: | 2024-07-19 | by ( Cnn Staff | ) edition.cnn.com time to read: +10 min

Here’s what to know if you’re planning to travel this weekend. David J. Phillip/APUS-based carriers American Airlines, United Airlines, Delta Air Lines, Allegiant Airlines, SunCountry and Frontier Airlines all reported issues on Friday. Crews have limits on their working hours, so staffing challenges cascade along with flight delays. That all depends on the type of ticket you have, the airline you’re flying with and whether you have travel insurance (which is always a good idea). If you’re set to travel soon, wherever you are in the world, it’s worth double checking your individual journey status before you travel.

Persons: What’s, It’s, CrowdStrike, David J, Phillip, Cirium, it’s, William Sikora III, you’re, ” Lousson Smith, Aaron Chown, Trenitalia Organizations: CNN, Microsoft, United Airlines, American Airlines, Delta Air Lines, Allegiant Airlines, Frontier Airlines, Federal Aviation Administration, FAA, Ryanair, Air, Turkish Airlines, KLM Royal Dutch Airlines, AirAsia, Dubai, Philadelphia International, Berlin, Amsterdam’s, Edinburgh Airport, CNN Travel, EU, Insurance, Airlines, British Airways, National Rail, Washington , D.C, Washington Metropolitan Area Transit Authority, Metropolitan Transportation Authority, MTA Locations: Air France, Europe, ” Spain’s, Madrid, Barcelona, Delta, –, London's Victoria, London, Italy, Washington ,, New York

☆ Why Olympic gold medalist Gabby Douglas embraces failure: 'It drove me to push the best out of myself'
▼ + stars: | 2024-07-18 | by ( Nicolas Vega | ) www.cnbc.com time to read: 1 min

At the 2012 Visa U.S. National Gymnastics Championships, Gabby Douglas had her sights set on taking home the individual all-around gold. But in the first skill in her routine, the three-time Olympic gold medalist found herself on the floor. "I made a mistake, I fell on my back handspring layout," Douglas, who is currently promoting her partnership with Ancestry, tells CNBC Make It. Rather than resign herself to a subpar showing at the competition, Douglas says her slip-up only sharpened her competitive instincts. "The mistake drove me to be like 'We're not going to give up, we're just going to put that away and we're going to do what we came here to do.'"

Persons: Gabby Douglas, Douglas, we're Organizations: National, CNBC

☆ LeBron James, Stephen Curry had a ‘healthy resentment’ — the Olympics offer something new
▼ + stars: | 2024-07-17 | by ( Joe Vardon | ) www.nytimes.com time to read: +9 min

ABU DHABI, United Arab Emirates — LeBron James was genuinely thrilled to see Stephen Curry in that Bellagio hotel ballroom in Las Vegas on the eve of Team USA training camp. If they say they want to play for Team USA, they aren’t going to be told no. Advertisement“It’s just cool, I’m not going to lie,” said Tyrese Haliburton, a Team USA guard at the tender age of 24. LeBron James congratulates Stephen Curry after the 2017 NBA Finals. (Jesse D. Garrabrant / NBAE via Getty Images)But from 2015 through 2018, James’ Cavs and Curry’s Warriors met every June in the NBA Finals.

Persons: LeBron James, Stephen Curry, ” James, Curry, James, —, “, ”, Tyrese Haliburton, that’ll, ” Will Haliburton, Jesse D, James ’ Cavs, James ’, Cavs, Cleveland, Kevin Durant, Martin Luther King Jr, Harrison Barnes, Irving, hysterically, ” Curry, ” James nodded, “ There’s, Ethan Miller, Larry Bird, Johnson, Michael Jordan’s, I’m, Isiah, Thomas, Magic, Michael, Barkley, they’ve, Durant, Steph, he’s, Bron, ” Durant, Anthony Davis, Steve Kerr, Dan Goldfarb, Giuseppe Cacase, Joe Murphy Organizations: Paris Games, United, United Arab Emirates, USA, NBA, American Olympic, Olympic, USA Basketball, FIBA, ., Team USA, Golden State Warriors, University of Nevada, Paris Olympics, Davidson, NCAA, Golden State, Warriors, Getty, Curry’s Warriors, Cleveland, ’, ” Locations: ABU DHABI, United Arab, Bellagio, Las Vegas, Akron , Ohio, USA, America, New York, Abu Dhabi, Cleveland, Miami, San Francisco, AFP

☆ Inside the $43 million Veterans Affairs simulation hospital where doctors are piloting new tech
▼ + stars: | 2024-07-13 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +6 min

An operating room at SimVET Courtesy: SimVETInside a sprawling $43 million Veterans Affairs facility equipped with operating rooms, intensive care units and an outpatient clinic, there are no patients. The SimVET facility in Orlando, Florida Courtesy: SimVETThe Veterans Health Administration services 9 million veterans in 172 medical centers across the U.S. Each medical center has a simulation program, and some have a dedicated space on site. "We have two fully staffed operating rooms, all the equipment you would normally use: lights, booms, real anesthesia machines. A mannequin at the SimVET facility Courtesy: SimVETBeyond its unusual patients, SimVET is home to many familiar-looking health-care scenes. Fluorescent lights line a long hallway full of exam rooms, and operating rooms stuffed with machinery look like they were plucked straight from a nearby hospital.

Persons: it's, Scott Wiltz, SimVET, Wiltz, SimVET Wiltz, Amanda Borchers, Borchers Organizations: Veterans Affairs, Orlando International Airport, National Center, CNBC, Veterans Health Administration, U.S, Research Network, SimVET, Medical Locations: Florida, SimVET, Orlando , Florida, Orlando, Lexington, Kentucky

Roberto Schmidt | AFP | Getty ImagesIt's no secret that the housing market looks far different than it did a few years ago. While surging mortgage rates and housing prices have taken away consumers' purchasing power, low supply has kept the market competitive. A higher rate, in reality, results in more interest due on a home loan. Housing prices are also central to the equation for everyday Americans decision how much, or if, they can afford to spend. One from the National Association of Realtors found affordability tumbled more than 33% between 2021 and 2023 alone.

Persons: Roberto Schmidt, it's, Dow Organizations: AFP, Getty, Dow Jones, National Association of Realtors, Atlanta Federal, Atlanta Fed Locations: Clarksburg , Maryland

☆ With high prices and mortgage rates, aspiring and current homeowners feel ‘stuck'
▼ + stars: | 2024-07-13 | by ( Alex Harring | ) www.cnbc.com time to read: +7 min

A double whammyFor aspiring homebuyers such as Burress, the combination of high mortgage rates and rising list prices has left them feeling boxed out. The 30-year mortgage rate, a popular option for home financing in the U.S., has bounced around 7% for the past several months. Given this, co-author Jonah Coste said current owners touting these low mortgage rates are undoubtedly better off than those looking to buy a first home today. After welcoming three kids, they're holding off on a fourth until mortgage rates or home prices come down enough to upsize. To be clear, mortgage rates tend to follow the path of Fed-set interest levels, but they aren't the same thing.

Persons: Brandon Bell, Rachel Burress, Burress, who've, that's, That's, Jonah Coste, there's, They're, Coste, they're, Luke Nunley, Nunley, We'd, Jeffrey Roach, LPL, Roach, hasn't, It's, Daryl Fairweather, Lindsey Nicholson Organizations: Getty, Atlanta Federal Reserve, Atlanta Fed, Federal Housing Finance Agency, National Association of Realtors, Federal Reserve, Corcoran Realty, UCG Locations: Austin , Texas, Fort Worth , Texas, Aledo, U.S, Atlanta, Kentucky, Forest Hills, Queens , New York

CNN —As President Joe Biden took on his critics in Washington, Vice President Kamala Harris made the case to their allies around the country. She told Black voters at Essence Fest that 2024 is the “most significant election of our lifetime” over the weekend. “As President Biden has said, he counts on Vice President Harris’ advice and counsel,” Harris press secretary Ernesto Apreza said in a statement. In March, Harris became the first sitting vice president to visit an abortion clinic. We have a president and a vice president who are doing a good job, and I don’t expect those nominees to change.”

Persons: Joe Biden, Kamala Harris, Donald Trump, ” Harris, ”, Biden, Harris, you’ve, LaTosha Brown, Harris’s, Dennisa Thomas, –, Trump, “ Kamala Harris, Joe Biden’s, she’s, Ohio Republican Sen, J.D, Vance, Harris vouching, “, Adrianne, Harris ’, Ernesto Apreza, ’, Roy Cooper, Biden’s, First Lady Jill Biden, ” Cooper, “ Joe Biden Organizations: CNN, Black, Essence, Dallas Wednesday, Alpha Kappa Alpha, Democratic, Trump, Republican, Pacific Islander American, Washington Post, ABC, Biden, The Associated Press, don’t, Ohio Republican, Democratic Party loyalists, –, Greensboro’s Dudley High School, Democratic Gov Locations: Washington, Nevada, Dallas, California, Pennsylvania, Kansas City , Missouri, Ohio, Adrianne Shropshire, Mexico, Central America, North Carolina, Guilford County, Biden’s Raleigh, Wilmington, America

☆ USMNT coach Gregg Berhalter fired after Copa America exit
▼ + stars: | 2024-07-10 | by ( Paul Tenorio | ) www.nytimes.com time to read: +9 min

U.S. Soccer has fired U.S. men’s national team coach Gregg Berhalter after a disappointing group-stage exit from this summer’s Copa América. Berhalter, 50, was rehired last summer after leading the U.S. to the knockout stage of the 2022 World Cup. Analysing Klopp, Pochettino, Vieira and othersThe U.S. team went into the Copa América with huge hopes to build momentum ahead of the 2026 World Cup. After the tournament, Crocker issued a statement saying, “Our tournament performance fell short of our expectations. Berhalter leaves the USMNT (John Dorton/ISI Photos/USSF/Getty Images for USSF)The question now pivots to where Crocker will look to replace Berhalter.

Persons: Gregg Berhalter, Berhalter, Gregg, Cindy Parlow Cone, Matt Crocker, ”, ” Crocker, Vieira, Tim Weah, Crocker, “, John Dorton, Jurgen Klopp, Patrick Vieira, Gareth Southgate, Germain, Mauricio Pochettino, sHi1ss2QDe, pkHAiCRGnP, there’s, I’m, didn’t, Berhalter’s, Winger Gio Reyna, Reyna, Reyna’s, Claudio, Danielle Reyna, Rosalind Berhalter, Earnie Stewart, Rosalind, Bob Bradley, Bruce Arena, Jurgen Klinsmann, Christian Pulisic, Bill Barrett Organizations: Soccer, men’s, U.S, CONCACAF Nations League, . Soccer, national, Copa, CONMEBOL, CONCACAF, Panama, Uruguay, Copa America, Getty, USSF, Liverpool, MLS, European, Spurs, Paris Saint, Chelsea, Soccer Men's, Copa América, Wales, Chatham House, Athletic, University of North, U.S . Soccer, Nations League, Jamaica, Brazil Locations: U.S, Pochettino, Bolivia, The U.S, Panama, Uruguay, Strasbourg, France’s Ligue, England, Netherlands, Qatar, University of North Carolina, Germany, Trinidad and Tobago, Mexico, Colombia

☆ Beryl moves into the Gulf of Mexico after battering Mexico’s Yucatan Peninsula, takes aim at Texas
▼ + stars: | 2024-07-06 | by ( ) www.cnbc.com time to read: +5 min

Beryl moved into the the Gulf of Mexico Friday and took aim at the south Texas coast after battering Mexico's Yucatan Peninsula. Texas officials issued disaster declarations and urge coastal residents to prepare as the storm headed their way. The storm's center Friday afternoon was in the Gulf just off Mexico, about 615 miles (995 kilometers) southeast of Corpus Christi, Texas. Some Texas counties have already issued voluntary evacuation orders in low-lying areas, and Texas officials urged coastal residents to prepare. Beryl spread destruction in Jamaica, St. Vincent and the Grenadines, and Barbados this week.

Persons: Beryl, Tulum, Gov, Dan Patrick, Patrick, Nim Kidd, Storm Alberto, Vincent, Laura Velázquez, Beryl hadn't, Balcaza, Lara Marsters, Andrew Holness, Hurricane Beryl, St Elizabeth, Baga Organizations: U.S, National Hurricane Center, Texas, Storm Locations: Mexico, Texas, Yucatan Peninsula . Texas, Corpus Christi , Texas, Gulf, Rio Grande, Corpus Christi, Northeastern Mexico, Jamaica, St, Grenadines, Barbados, Grenada, Venezuela, Boise , Idaho, Yucatan

☆ Fears mount over election-linked violence in France after government spokesperson attacked on campaign trail
▼ + stars: | 2024-07-04 | by ( Niamh Kennedy | ) edition.cnn.com time to read: +4 min

CNN —Concerns are growing about political violence ahead of high-stakes parliamentary elections in France after a series of lawmakers were attacked on the campaign trail this week. French government spokesperson Prisca Thevenot and her team came under attack while canvassing on Wednesday night, the latest in a string of violent incidents involving French lawmakers contesting Sunday’s parliamentary elections. Four people have been taken in for questioning regarding the incident, Interior Minister Gérald Darmanin told French television station France 2 on Thursday morning. Acknowledging that violence has been linked to both the far-right and far-left camps, Bardella vowed, if appointed, to be a prime minister who “re-establishes order” in France. An additional 30,000 police officers and gendarmes will be deployed across France on Sunday night in the event of public disorder, Darmanin said Thursday.

Persons: Prisca Thevenot, Marie Dauchy, Nicolas Conquer, Emmanuel Macron, Gérald Darmanin, Thevenot, ”, Jordan Bardella, ” Bardella, CNN’s, Bardella, “, Gabriel Attal, Darmanin Organizations: CNN, National, Republicans, Macron’s, France, BFMTV, Incumbent, Front, NFP, Interior Ministry, National Assembly Locations: France, Savoie, Cherbourg, Thevenot

☆ Investing in Space: Why military contracts are crucial for space companies
▼ + stars: | 2024-07-03 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. The first orbital rockets, satellites, and even the Apollo architecture were born of the military and its aerospace contractors. Historically, the biggest defense contractors have long been the winners of the largest space contracts – and that's still true today. The top pure-play space companies get a significant, if not majority, amount of revenue from military work under contracts from the U.S. and its allies. And the importance of military contracts is also going further upstream, as venture capital looks more explicitly toward startups that are winning and delivering on early military deals.

Persons: CNBC's Michael Sheetz, I'm, Peter Beck, Beck Organizations: Pentagon, U.S . Space Force, NASA, SpaceX, Space Force, NRO Locations: U.S, Ukraine, China, Taiwan

☆ Media mogul Barry Diller weighs a bid to gain control of Paramount
▼ + stars: | 2024-07-02 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +1 min

Media mogul Barry Diller is taking a look at acquiring National Amusements Inc., the company owned by Shari Redstone and the controlling shareholder of Paramount, CNBC's David Faber reported on Tuesday. Diller's IAC , an internet media and publishing company, has signed a nondisclosure agreement and is looking in the data room of National Amusements, Faber said Tuesday. These discussions come weeks after National Amusements stopped talks with Skydance on a proposed merger with Paramount. National Amusements, which Redstone controls, holds 77% of class A Paramount shares. Prior to calling off the proposed merger, National Amusements had agreed to financial terms of the deal, CNBC reported.

Persons: Barry Diller, Shari Redstone, CNBC's David Faber, Faber, Skydance, David Ellison's Skydance, RedBird Organizations: Paramount Global, Media, National Amusements Inc, Paramount, Diller's IAC, Amusements, IAC, National, RedBird Capital, KKR, National Amusements, CNBC Locations: Redstone

☆ Hurricane Beryl roars toward Jamaica after killing at least 6 people in the southeast Caribbean
▼ + stars: | 2024-07-02 | by ( ) www.cnbc.com time to read: +1 min

A boy clears rock from the street as it gets flooded after the hurricane Beryl passes in the parish of Saint James, Barbados, near to Bridgetown, Barbados on July 1, 2024. Hurricane Beryl was roaring toward Jamaica on Wednesday, with islanders scrambling to make preparations after the powerful Category 4 storm earlier killed at least six people and caused significant damage in the southeast Caribbean. A hurricane warning was in effect for Jamaica, Grand Cayman, Little Cayman and Cayman Brac. Late Monday, Beryl became the earliest storm to develop into a Category 5 hurricane in the Atlantic and peaked at winds of 165 mph (270 kph) Tuesday before weakening to a still-destructive Category 4. It had maximum sustained winds of 145 mph (230 kph) and was moving west-northwest at 20 mph (31 kph), the center said.

Persons: Hurricane Beryl, Beryl Organizations: Grand Cayman, Cayman Brac, U.S, National Hurricane Center Locations: Saint James, Barbados, Bridgetown, Jamaica, Kingston, Grand, Little Cayman, Cayman Islands, Yucatan, Belize, Mexico, Belize City

☆ Oil holds near two-month high on higher demand outlook, possible rate cut
▼ + stars: | 2024-07-02 | by ( ) www.cnbc.com time to read: +2 min

Oil prices were little changed on Tuesday, holding near the two-month highs reached in the previous session, on expectations for rising fuel demand from the summer travel season and possible U.S. interest rate cuts that could boost economic growth. Oil prices were little changed on Tuesday, holding near the two-month highs reached in the previous session, on expectations for rising fuel demand from the summer travel season and possible U.S. interest rate cuts that could boost economic growth. Gasoline demand in the U.S., the world's biggest oil consumer, is expected to ramp up as the summer travel season picks up with the Independence Day holiday this week. Still, signs of less-than-expected demand growth have limited gains in oil prices. This was mainly because of lower imports into China, the world's biggest oil importer and the second-largest consumer.

Persons: Beryl Organizations: Brent, . West Texas, Independence, American Automobile Association, ANZ, U.S, National Hurricane Center, Federal, Commerce Department Locations: U.S, Mexico's Bay, Campeche, Caribbean, Asia, China

☆ Oil inches higher on summer demand outlook
▼ + stars: | 2024-07-01 | by ( ) www.cnbc.com time to read: +2 min

That led analysts to forecast supply deficits in the third quarter as transportation and air-conditioning demand during summer draw down fuel stockpiles. WTI's recent rally may extend towards $85 a barrel if prices remain above the 200-day moving average at $79.52, he said. In the U.S., oil production and demand rose to a four-month high in April, according to the Energy Information Administration's (EIA) Petroleum Supply Monthly report published on Friday. Traders are watching out for the impact from hurricanes on oil and gas production and consumption in the Americas. In China, the latest manufacturing data did not bode well for oil demand in the world's no.2 consumer and top crude importer.

Persons: Brent, Tony Sycamore, Hurricane Beryl, Beryl, bode Organizations: Brent, U.S, West Texas, Organization of, Petroleum, U.S . Federal, Hezbollah, Energy, Petroleum Supply, Traders, Atlantic, National Hurricane Center Locations: OPEC, Europe, Israel, U.S, Americas, Windward, China

☆ French stocks jump 2.5% as far right takes election lead but seen falling short of majority
▼ + stars: | 2024-07-01 | by ( Jenni Reid | ) www.cnbc.com time to read: +3 min

Dimitar Dilkoff | Afp | Getty ImagesFrench stocks staged a relief rally early Monday after results from the first round of the nation's snap election raised expectations of a hung parliament. The far-right National Rally party and its allies won 33.1% of the vote, the left-wing NFP alliance was second with 28% and Macron's coalition secured 20%, France's Interior Ministry said Monday. Stock Chart Icon Stock chart icon CAC 40 index. Stock Chart Icon Stock chart icon Euro/U.S. National Rally is hoping it will be the party's 28-year-old leader, Jordan Bardella.

Persons: Jordan Bardella, Gabriel Attal, Manuel Bompard, Dimitar Dilkoff, Sebastian Paris Horvitz, CNBC's, Matthew Ryan, —, Emmanuel Macron, Macron, Horvitz Organizations: Rassemblement National, France's, France, TF1, Afp, Getty, NFP, La Banque Postale Asset Management, Citi, National, U.S ., National Assembly, — Locations: London, France, Europe

☆ Why Wimbledon is the Grand Slam title that every player craves
▼ + stars: | 2024-06-30 | by ( Matthew Futterman | ) www.nytimes.com time to read: +15 min

After she’d won her fourth Grand Slam title and her third French Open, while still just 22 years old. GO DEEPER The trick to winning on Wimbledon grass? Gilbert had never watched one of his players win Wimbledon from the coaches’ box. Barty won Wimbledon in 2021 for the first and only time, then won the Australian Open the following January. “Every year it’s easier for me to adapt to grass,” Swiatek said.

Persons: Iga Swiatek, she’d, Swiatek, Iga, Zac Goodwin, “, ” Swiatek, ”, —, Joe Toth, Grass, Serena Williams, Julian Finney, haven’t, Greg Norman, Casper Ruud, Ivan Lendl, Andy Murray, Roger Federer, Carlos Alcaraz, Roland Garros, Brad Gilbert, Coco Gauff, Zendaya, Gilbert, Andre Agassi, Andy Roddick, ” Gilbert, Gauff, Sofia Kenin, Daniel Leal, Rod Laver, ” Laver, it’s, Cliff Drysdale, ” Drysdale, Drysdale, Mark McCormack, Ash Barty, Barty, Matthias Hangst, Nick Kyrgios, Novak Djokovic, Marketa Vondrousova, ” Djokovic, He’s, Paris, Djokovic, ” Sinner, Sinner, Jason Bourne, volleying, Gavin MacMillan, Aryna Sabalenka, they’ve, ” MacMillan, Shi Tang, Eamonn Dalton Organizations: Tennis, Wimbledon’s, England Club, French, of Fame, Wimbledon, Getty, Augusta, dodger, Roland, Slams, ESPN, All England, U.S, Broadway, La Scala, Bolshoi Theater, Court, Central Press, Hulton, National, West, IMG, Olympic Games, U.S ., Players, “, Deutsch, The Athletic Locations: SW19, London, Paris, Italy, Halle, Augusta, Wimbledon, California, New Jersey, Basel, Australia, New York City, Bentleys, Australian, Serbia

☆ Beryl strengthens into a hurricane in the Atlantic, forecast to become a major storm
▼ + stars: | 2024-06-29 | by ( ) www.cnbc.com time to read: +6 min

A major hurricane is considered Category 3 or higher, with winds of at least 111 mph (178 kph). Beryl also is the strongest June tropical storm on record that far east in the tropical Atlantic, according to Klotzbach. Beryl is the second named storm in what is predicted to be a busy hurricane season, from June 1 to November 30 in the Atlantic. He said one was the first hurricane of 1933, the most active hurricane season on record. An average Atlantic hurricane season produces 14 named storms, seven of them hurricanes and three major hurricanes.

Persons: Beryl, Philip Klotzbach, St, Vincent, Michael Lowry, Sabu Best, Tomer Burg, Brian McNoldy, Mia Mottley, Musku, Ralph Gonsalves, Storm Alberto, Lowry, Mark Spence, I'm Organizations: Barbados, Colorado State University, National Hurricane Center, University of Miami, South Africa, Grenadines, Cricket, Atmospheric Administration Locations: Caribbean, Barbados, Lucia, Grenada, St, Grenadines, Martinique, Dominica, Tobago, Florida, Jamaica, Mexico, Miami, India, South, Bridgetown, Pittsburgh, Trinidad and Tobago, Port, Spain, South Florida

Search resuls for: ". National"

25 mentions found