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☆ Target comparable sales have dropped for 4 straight quarters, and it's scrambling to avoid a 5th
▼ + stars: | 2024-05-22 | by ( Dominick Reuter | ) 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 previewTarget reported $24.5 billion in revenue last quarter, with comparable sales down 3.7%, marking the fourth consecutive quarter of decline. Unlike total sales, comparable sales exclude new and closed stores, and analysts commonly use the measure to assess a business' underlying health. AdvertisementThe company also revamped and expanded its membership program, Target Circle, adding over a million new shoppers last quarter. "We're encouraged by the meaningful progress we've seen in recent quarters," Cornell said.

Persons: —, Brian Cornell, Cornell, Jack children's, We're Organizations: Service, Business, Walmart, Amazon Prime, Target

☆ Biden is struggling in Nevada. His economic messaging in the key swing state will be one of the biggest tests of his 2024 campaign.
▼ + stars: | 2024-05-20 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

The last GOP presidential nominee to win Nevada was George W. Bush in November 2004 — nearly 20 years ago. Biden will have to work hard to address some of the top concerns of Nevada voters: inflation, housing affordability, and health care. A plurality of Nevada voters (22%) listed the economy as their top issue, and a whopping 82% of voters said that the economy was "only fair" or "poor." Only 17% of Nevada voters rated the economy as "good" or "excellent." And by a 61% to 32% margin, Nevada voters believe Trump would be better at handling the economy.

Persons: —, Sen, Harry Reid, Barack Obama's, Catherine Cortez Masto's, Joe Biden's, Biden, Donald Trump, George W, Bush, Hillary Clinton, Trump, Robert F, Kennedy Jr, Jill Stein, plummets, Stein, Kamala Harris Organizations: Service, Democratic Party, Business, Nevada, Vegas, Biden, GOP, Trump, New York Times, Siena College, Green Party, —, Safer Communities Locations: Nevada, Las Vegas, Reno, Siena

☆ I'm a Canadian who's lived in the US for over 30 years. I don't get why so many Americans want to move to Canada.
▼ + stars: | 2024-05-18 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +6 min

Our money was worth more back then, so we got more value for our Canadian dollar when we went shopping in the States. She was an American living in Atlanta and said, "Hey, why don't you come and spend the winter with me?" It almost seemed like Canada was 10 or 20 years behind, progressive-wise — and I don't mean politically. The amenities, the shopping, the food, and the restaurants in Canada are way behind if you're outside Vancouver or Toronto. I don't see why Canada is so appealing to AmericansCanada used to be an admired country worldwide, and now it's horrible.

Persons: —, Jim D, Zeppelin, Mason, Dixon, I've, I'm Organizations: Service, Business, Fort Frances, Gas, Toyota, Healthcare, Ontario Health Insurance Locations: Canadian, Arizona, Flagstaff, Phoenix, Fort Frances , Ontario, International Falls , Minnesota, America, Fort, Minnesota, Africa, Tanzania, Canada, American, Atlanta, Vancouver, Toronto, Birmingham , Alabama, New Orleans, Baton Rouge , Louisiana, Jackson , Mississippi, Houston, Texas , New Mexico , Arizona , California, Hawaii, Ontario, United States, In Ontario, Fort Frances, Thunder Bay , Ontario, Thunder, Thunder Bay

☆ Oil prices rise on U.S. inventories drawdown expectations, CPI focus
▼ + stars: | 2024-05-15 | by ( ) www.cnbc.com time to read: +2 min

U.S. crude oil inventories fell 3.104 million barrels in the week ended May 10, according to market sources citing American Petroleum Institute figures on Tuesday. Gasoline inventories fell by 1.269 million barrels and distillates rose by 673,000 barrels. "Expectations of another drawdown in U.S. oil inventories should support oil prices," ANZ Research said in a note. Oil prices also found support from a softer U.S. dollar and stimulus measures from China, said independent market analyst Tina Teng, with a weaker greenback making dollar-denominated oil cheaper for investors holding other currencies. "The U.S. CPI and China's economic data are key to driving oil prices for the rest of the week," she added.

Persons: David Knox, Petra Nova, Brent, Tina Teng, Teng Organizations: NGR Energy, JX Nippon Oil & Gas Exploration Corporation, WA Parish, U.S, . West Texas, American Petroleum Institute, ANZ Research, Federal, CPI Locations: NGR, Bend County, Petra, WA, China, Fort McMurray

☆ I pay $1,450 a month to live on a houseboat in Toronto—'the best decision I ever made': Take a look inside
▼ + stars: | 2024-05-14 | by ( Kate Fincham | ) www.cnbc.com time to read: +6 min

Buying a houseboat: 'It felt like the perfect place for me'I visited one of the houseboats the following week. Moving aboard: 'The best decision I ever made'Going straight into a Canadian winter as a houseboat novice is generally considered a poor decision. Three years later, I regard buying my houseboat as the best decision I ever made. Courtesy of Kate FinchamMy bathroom has a typical residential toilet (which flushes into a holding tank below) and a bathtub. This area acts as my living room, dining room, and office, and features a wood stove and sliding glass doors that exit onto my back deck.

Persons: I've, I'd, Kate, Kate Fincham, Charlie, Finn, it's Organizations: Swans, Insurance Locations: Toronto

☆ Squarespace to go private in $7 billion private-equity deal
▼ + stars: | 2024-05-13 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

The New York Stock Exchange welcomes Squarespace, Inc. (NYSE: SQSP), on May 19, 2021, in celebration of its Direct Listing. Squarespace , the website-building platform, announced on Monday it would go private in a $6.9 billion all-cash deal with private-equity firm Permira, after nearly three turbulent years on the public market. All three have approved the transaction and will continue to be investors after the Permira deal closes. Qualtrics, for example, was spun off from SAP in 2021 and was quickly taken private again in 2023 by Canada's pension plan and Silver Lake in a $12.5 billion deal. Japanese giant Toshiba also went private in 2023 in a $13.6 billion deal, after years of speculation and tumult, including a sustained engagement with activist investor Elliott.

Persons: Squarespace, Permira, Anthony Casalena, Ares Capital, Anthony, David Erlong, Squarespace's, Elliott, Morgan, Skadden, Richards, Layton, Finger, Goldman Sachs, Watkins Organizations: New York Stock Exchange, Inc, Accel, General Atlantic, Ares, Blackstone, SAP, Toshiba, Investors, Latham Locations: J.P

☆ I traveled beyond the Arctic Circle to see the Northern Lights. Here are 4 things to know before you go.
▼ + stars: | 2024-05-13 | by ( Taylor Rains | ) www.businessinsider.com time to read: +7 min

Read previewIn February, I finally checked off one of my top bucket list items — seeing the aurora borealis, better known as the northern lights. I journeyed all the way to Finland's northernmost municipality, Utsjoki, about 280 miles north of the Arctic Circle. Location, location, locationWhile recent environmental phenomena have made the northern lights visible in places as far south as England and Denmark, the aurora borealis are best viewed within the Article Circle. AdvertisementThe vibrant colors that appear in photos are not what humans seeNot every color of the northern auroras is visible to the naked eye. "The lights are there, but if it is super cloudy — we can't, of course, see them," Tiina told me.

Persons: —, Tiina, Taylor Rains, Tiina Salonen, Utsjoki, it's, Nature Organizations: Service, Business, Finnair, Disney Locations: Utsjoki, New York, Ivalo, Finland, Helsinki, Lapland, Aurora, Norway, —, England, Denmark, Fairbanks , Alaska, Tromsø, Territories, Sweden, Ilulissat, Greenland, Antarctica, Kathmandu

☆ Missed the dazzling northern lights show? You might get another chance Saturday night
▼ + stars: | 2024-05-11 | by ( Ramon Sanchez | Ray Sanchez | ) edition.cnn.com time to read: +6 min

Carlos Avila Gonzalez/San Francisco Chronicle/Getty Images The northern lights shine in the night sky above the Molenviergang in Aarlanderveen, the Netherlands, early May 11. Alexey Malgavko/Reuters The northern lights are seen in a rural area west of Fort Lauderdale, Florida, on Friday, May 10. Courtesy Luke Culver People photograph the northern lights from Whitley Bay, England, on May 10. Courtesy Jan Reed The northern lights glow in the night sky in Brandenburg, Germany, on May 10. Increased solar activity causes auroras that dance around Earth’s poles, known as the northern lights, or aurora borealis, and southern lights, or aurora australis.

Persons: Chad Myers, it’ll, Alastair Johnstone, Andrew Chin, Sanka Vidanagama, Carlos Avila Gonzalez, Josh Walet, Robert Nemeti, Jean, Christophe Bott, Max Slovencik, Alexey Malgavko, Luke Culver, Ian Forsyth, Robert F, Geoff Robins, Rich, Jan Reed, Patrick Pleul, Jenny Kane, Adam Vaughan, Jacob Anderson, Peter Byrne, Biden, it’s, Dr, Hakeem Oluseyi, Bill Nye, Guy, ”, “ Organizations: CNN, National Oceanic, Prediction, Midwest, Getty, San Francisco Chronicle, Keystone, AFP, Luke Culver People, Rockies, National Weather Service Locations: Alabama, Ohio, Pacific Northwest, North America, Gulf, ”, Sheffield, England, Manning, British Columbia, Christchurch , New Zealand, AFP, Berryessa , California, Aarlanderveen, Netherlands, Debrad, Slovakia, Anadolu, Le, Dessous, Switzerland, Vienna, Siberian, Tara, Russia's Omsk, Fort Lauderdale , Florida, Whitley Bay, Brunswick , Maine, London , Ontario, Ontario, Tennessee, Washington, Memphis , Tennessee, Rich Hill , Missouri, Brandenburg, Germany, Estacada , Oregon, Cumming , Georgia, Crosby , England, Edinburgh, Scotland, Crosby Beach, Liverpool, Texas, Coast, Sweden, South Africa, United States

☆ A Boeing 787 full of passengers was stranded in Canada's deep north after a burning smell forced an emergency landing
▼ + stars: | 2024-05-08 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

An Air France plane diverted after a burning smell was detected in the cabin. The airline had to cancel a different flight to reroute a Boeing 777 to rescue the passengers. AdvertisementAir France has been working to get passengers back on track after their plane made an emergency landing in the deep north of Canada on Tuesday. The Boeing 777 was scheduled to fly from Montreal to Paris, but that flight was canceled. Nearly 11 hours after the passengers had landed in Iqaluit, the 777 departed for New York.

Persons: — Organizations: Boeing, Service, CBC, New York, Seattle, Delta Air Locations: Air France, Canadian, Nunavut, reroute, France, Canada, Paris, Seattle, Iqaluit, Canada's Nunavut, Frobisher Bay, Montreal, New, New York

☆ I've been to Vegas over 50 times. Here are the 8 best restaurants on The Strip.
▼ + stars: | 2024-05-06 | by ( Wendy Lee | ) www.businessinsider.com time to read: +7 min

After visiting Las Vegas over 50 times, my husband and I have a dining strategy: We return to a few of our favorite spots and then try a couple of new ones. AdvertisementOcean Prime is a splurge-worthy restaurant perfect for celebrating special occasionsWendy LeeIn 2023, Ocean Prime opened on the corner of Las Vegas Boulevard and Harmon Avenue — it even has a rooftop terrace overlooking The Strip. AdvertisementAt first, that made me doubt the quality of the food — but I've learned the food is even better than the decor. On a recent trip to Catch, I got the best French toast I've ever eaten. Located inside Paris Las Vegas, the French eatery has a patio directly across the street from the Bellagio Fountains.

Persons: —, Wendy Lee, Roy Choi, Jon Favreau, Lago, Julian Serrano's Lago, George Rose, Julian Serrano, I've, Retox, Bardot Brasserie, Bardot, Benedict, De Laurentiis, Mon Ami Gabi, Harun Ozmen, Shutterstock Organizations: Service, Las Vegas, Business, MGM, Bellagio, Casino, Ocean, Cosmopolitan, Mon Locations: Vegas, Cuban, Bellagio, Bellagio Fountains, Lago, Las Vegas, It's, cafés, Paris, Cromwell, ribeye, York, it's, New York, Paris Las Vegas

☆ Take a look at the revolutionary housing developments Canada's First Nations are building on ancestral land
▼ + stars: | 2024-04-28 | by ( Dan Latu | Eliza Relman | ) www.businessinsider.com time to read: +2 min

Canada's First Nations are constructing dense new housing in the country's most expensive city. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementCanada's First Nations are breaking new ground with several major housing developments in the city of Vancouver. One project minutes away from downtown Vancouver, being built by the Squamish Nation, will include 11 towers and 6,000 housing units. Take a look at these projects and the future of housing in Vancouver.

Persons: —, Brennan Cook, Cook Organizations: Service, Business, Nation, Nations, MST, Corporation Locations: Canada, Vancouver, —, Squamish, Waututh

☆ Informatica says it's not for sale, following Salesforce's reported interest in $10 billion deal
▼ + stars: | 2024-04-22 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +1 min

Enterprise data management company Informatica is not currently in talks to be acquired, the company said Monday, after earlier reports suggested that Salesforce was interested in a roughly $10 billion deal. Informatica shares slumped more than 7% on the news, while Salesforce shares rose around 1%. The acquisition would have been Salesforce's largest since the 2021 deal to purchase Slack. Salesforce's investors also reacted negatively to the idea of the deal, sending shares down more than 7% when news of the potential purchase first broke. Salesforce CEO Marc Benioff's voracious appetite for mergers and acquisitions was one of the factors that drew a flurry of activists in 2023 seeking to rein in the company's spending.

Persons: Salesforce, Slack, Amit Walia, Marc Benioff's Organizations: Informatica, Street

☆ 500 Newfoundlanders ended up booking the same Caribbean cruise in 'total fluke,' reports say
▼ + stars: | 2024-04-20 | by ( Cameron Manley | ) www.businessinsider.com time to read: +1 min

500 passengers on a Caribbean cruise were from Canada's East-coast province, reports said. The Celebrity Apex ship hosted a special party for the Newfoundlanders. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPassengers aboard a Celebrity Apex cruise to the Caribbean this month were surprised when it turned out that 500 were all from Canada's easternmost province, said reports. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Business Locations: Canada's East, Caribbean, Fort Lauderdale , Florida, Newfoundland

☆ Caitlin Clark wore a $17,000 Prada outfit to the WNBA draft. That's about 22% of her expected first-year salary.
▼ + stars: | 2024-04-16 | by ( Amanda Goh | ) www.businessinsider.com time to read: +4 min

Caitlin Clark showed up to the WNBA Draft dressed in Prada from head to toe. According to Business Insider's calculations, Clark's outfit costs $16,875 — or about 22% of her first-year WNBA salary. AdvertisementA close-up of the satin Prada outfit Clark wore to the WNBA Draft. A composite image of the Prada sunglasses and the patent leather Galleria bag that Clark wore to the WNBA draft. AdvertisementAccording to BI's calculations, Clark's Prada outfit totals up to $16,875 — or about 22% of her first-year salary in the WNBA.

Persons: Caitlin Clark, Prada, —, Clark, Sarah Stier, Prada's, Adri Zgirdea Toth, Marie Claire, Caitlin, Toth, Clark's Prada, Spotrac, Julia Marino, LVMH, Moët Hennessy Organizations: WNBA, Service, Prada, Indiana Fever ., GQ Sports, NBA, Iowa Hawkeyes, Nike, Gatorade, Olympics, Team USA, Linea, women's national football team Locations: Paris

☆ Google removing links to California news websites as part of test in response to pending legislation
▼ + stars: | 2024-04-12 | by ( Alex Koller | ) www.cnbc.com time to read: +2 min

Google headquarters is seen in Mountain View, California, United States on May 15, 2023. Google will begin removing links to California news websites from search results for some Californians in response to a bill that would require online ad companies to pay a fee for connecting state residents to news sources. The recent developments have upended many online publishers that count on Facebook and Google for traffic and are particularly painful for publications that rely on advertising revenue. "If passed, CJPA may result in significant changes to the services we can offer Californians and the traffic we can provide to California publishers," Zaidi wrote. Supporters of the California bill say it will help news publishers receive a fair chunk of the ad profits reaped by tech juggernauts like Apple , Google and Meta.

Persons: Jaffer Zaidi, Zaidi Organizations: Google, California Journalism, Facebook, Meta, Google News, Apple Locations: View , California, United States, California, France, Germany, Spain, Australia, Canada, New Zealand

☆ Jennifer Pan was found guilty of conspiring to kill her parents. Here's where she is now.
▼ + stars: | 2024-04-10 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +5 min

Jennifer Pan is the subject of the new Netflix true crime documentary, "What Jennifer Did." AdvertisementNetflix's new true crime documentary, "What Jennifer Did" explores the true story of Jennifer Pan, a Canadian woman who allegedly hired people to kill her parents. Jennifer Pan in police interview footage, as seen in "What Jennifer Did." Huei Hann Pan and Bich Ha Pan in a photo displayed in "What Jennifer Did." The retrial is only in reference to the first-degree murder charge — not the attempted murder charge in relation to her father.

Persons: Jennifer Pan, Jennifer Did, Pan, She's, —, banister, Karen K, Ho, Bich, Huei Hann Pan, Daniel Wong, Wong, Leonard Crawford, Crawford, Hann, Jennifer, Pan's, David Mylvaganam, Felix ., Huei Hann Organizations: Netflix, Service, Netflix Police, Toronto, CBC, Ontario Appeal, Markham Economist, Sun, Canada Locations: Canadian, Toronto, Canada, Ontario

☆ Canada spies found China 'clandestinely and deceptively' interfered in last two elections
▼ + stars: | 2024-04-09 | by ( ) www.cnbc.com time to read: +1 min

Canada's domestic spy agency concluded that China interfered in the last two elections, an official probe heard on Monday, the firmest evidence so far of suspected Chinese meddling in Canadian politics. Canada's domestic spy agency has concluded that China interfered in the last two elections, based on the firmest evidence so far of suspected Chinese meddling in Canadian politics. Under pressure from opposition legislators unhappy about media reports on China's possible role, Trudeau set up a commission into foreign interference. "We know that the PRC (Peoples' Republic of China) clandestinely and deceptively interfered in both the 2019 and 2021 elections," it said. "State actors are able to conduct foreign interference successfully in Canada because there are few legal or political consequences.

Persons: Justin Trudeau's, Trudeau, Erin O'Toole Organizations: Justin Trudeau's Liberal Party, Canadian Security Intelligence Service, Peoples, Global News, Conservatives, CSIS Locations: China, Peoples ' Republic of China, PRC, Canada

☆ Coinbase secures restricted dealer license in Canada, pushing expansion abroad amid SEC crackdown
▼ + stars: | 2024-04-04 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

The firm said it has been registered in Ontario as a restricted dealer under the Canadian Securities Administrators (CSA), an umbrella organization of Canada's provincial and territorial securities regulators. The crypto exchange said that this authorization means the company now meets the Canadian regulators' strict requirements for crypto assets dealings and can operate legally in the country. The policy changes led Binance, the world's largest crypto exchange by trading volumes, to quit its activity in Canada, saying it was "no longer tenable" to operate there. Rival crypto exchange Kraken said last year that it had filed a pre-registration undertaking (PRU) with the Ontario Securities Commission, effectively starting the process to become a registered dealer in Canada. The company says it is the first international crypto exchange to receive restricted dealer registration in Canada.

Persons: Coinbase, Kraken Organizations: Getty, CNBC, Canadian Securities Administrators, Ontario Securities Commission Locations: Suqian, Jiangsu Province, China, Canada, U.S, Ontario

☆ Canada's Niagara region declares 'state of emergency' as a million total solar eclipse watchers predicted
▼ + stars: | 2024-03-30 | by ( Cameron Manley | ) www.businessinsider.com time to read: +3 min

Canada's Niagara region has declared a 'state of emergency' ahead of the solar eclipse on April 8. AdvertisementCanada's Niagara region has declared a state of emergency in preparation for some one million tourists who are expected to descend on the area to witness the upcoming total solar eclipse. A map showing where the moon's shadow will cross the US during the 2024 total solar eclipse. NASA's Scientific Visualization StudioOver 30 million people in the US will be able to see the total solar eclipse on April 8. The next total solar eclipses visible in the contiguous US will be in 2044 and 2045.

Persons: —, Jim Bradley, Bradley, Jim Diodati, Pachantouris Organizations: Service, US, Mobile, NASA Locations: Niagara, Niagara Falls, Canadian, Niagara Region, Ontario

☆ Canada's First Nations are building the densest neighborhood in the country by reclaiming their ancestral land and defying NIMBYs
▼ + stars: | 2024-03-27 | by ( Eliza Relman | ) www.businessinsider.com time to read: +10 min

AdvertisementMindy Wight, CEO of the Squamish development group building Sen̓áḵw, called it "the creation of a modern Squamish village" in an interview with Business Insider. Canada's federal auditor general recently condemned a "distressing and persistent pattern of failure" by federal programs designed to support First Nations housing and infrastructure, among other services. The housing projects aren't the only major developments underway on indigenous land in Canada. There are no housing or infrastructure developments on US tribal land that match the scale of the First Nations projects in Canada. While some Native American tribes have spearheaded significant housing projects, most indigenous-owned land in the US isn't in the most valuable housing markets.

Persons: —, it's, Mindy Wight, Sen̓áḵw, Brennan Cook, Cook, Heather, reaps, Elisa Campbell, Jericho, Campbell, Heather Lands, Sen̓áḵw, Gordon Price, Price, Tyler Harper, aren't, Michelle Cyca, Alex Armlovich, Armlovich, Noah Smith Organizations: Service, Nations, First Nations, Business, Nation, MST, Corporation, MST Development Corporation, Vancouver City, Canada Lands Company, Energy, Technologies, British Columbia, CBC Vancouver, Bates, Niskanen Locations: Canada, Vancouver, Squamish, Squamish Nation, Wight, Jericho, British, American, MacLean's, Canadian

☆ A global gold rush for buried hydrogen is underway — as hype builds over its clean energy potential
▼ + stars: | 2024-03-26 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +6 min

Geologic hydrogen, sometimes referred to as white, gold or natural hydrogen, refers to hydrogen gas that is found in its natural form beneath Earth's surface. Last year, researchers found what may be the world's largest geologic hydrogen deposit to date in France's eastern Lorraine region. The unexpected discovery further boosted interest in its clean energy potential. Some have expressed skepticism about the clean energy potential of natural hydrogen. Grey hydrogen — produced using natural gas and the most common form of hydrogen production — leads to large greenhouse gas emissions.

Persons: Alex Halada, Le, Canada's Hydroma, Ousmane Makaveli, Geoffrey Ellis, Ellis, we've, Minh, Energy's Le, Ana Maria Jaller, Makarewicz, Sebastien Salom Organizations: Geological Agency of, Ministry of Energy, Mineral Resources, Nurphoto, Afp, Getty, Research, Rystad Energy, CNBC, Energy Resources Program, . Geological Survey, U.S . Department of Energy, Institute for Energy Economics, videoconference, Carbon Trust Locations: Pute Jaya, Morowali Regency, Central Sulawesi Province, Indonesia, U.S, Canada, Australia, France, Spain, Colombia, South Korea, Gampern, Upper Austria, Mali's, Bamako, Malian, Bourakébougou, France's, Lorraine, Niger, Mali, gomis

Some Nevada Republicans say the story demonstrates Brown’s deeper understanding of the complexities of reproductive healthcare in a state where voters guaranteed the right to abortion through a referendum. They also hope it illuminates a gray area that many Republican women feel extends beyond “yes” or “no” answers on abortion rights. She said Nevada Republicans have no desire to overturn the state’s existing protections, unlike in Republican-led states like Texas and South Carolina. She also hopes the Browns’ announcement helps move abortion access, largely a winning issue for Democrats, “off the table” in the Senate race. When left to the states, women in Texas facing the same circumstances today would not have the options his wife had in the state in 2008.

Persons: —, Sam Brown's, “, ”, Pauline Ng Lee, Brown, Amy, Roe, Wade, Sam Brown, Democratic Sen, Jacky Rosen, Adam Laxalt, “ Amy, ” Rebecca Gill, Brown's, ” Gill, ” Lindsey Harmon, Democrat Rosen, doesn't, Brett Kavanaugh’s, Amy Brown’s, Republican Assemblywoman Danielle Gallant, She’s, Gallant, Amy Brown, Rosen, Adriana Gomez Licon, ____ Stern, Stern Organizations: —, Republican U.S, Republicans, GOP, Browns, U.S . Senate, Republican, Nevada Republican Club, Nevada Republicans, Senate, NBC News, Supreme, Democratic, Texas, Texas Legislature, NBC, Nevada, Associated Press, Army, University of Nevada, Parenthood, Democrat, America Statehouse News Initiative, America Locations: RENO, Nev, In Nevada, Nevada, Texas, South Carolina, Nevada's, In Texas, U.S, Afghanistan, San Antonio, Las Vegas, Parenthood Nevada, Carson City, Miami

☆ 2024 is the year of the rate cut pivot — here's when the world's central banks will budge
▼ + stars: | 2024-03-13 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +6 min

EIU also expects the Bank of Japan will exit its negative interest rate policy in the second quarter. Markets currently expect the Fed to start with a 25-basis-point rate cut in June. Euro zoneThe European Central Bank last week also held its policy rate at a record high of 4%, signaling that it won't cut rates before June. JPMorgan said in a research note that the Turkish central bank may cut its policy rate in November and December, keeping its year-end policy rate forecast of 45%. IndonesiaIndonesia's central bank kept its benchmark policy rate at 6% in its recent meeting.

Persons: EIU, Jerome Powell, LSEG, Nomura, Perry Warjiyo, CNBC's JP Ong, BOK, Goldman Sachs, Goohoon Kwon, Kwon Organizations: Getty, Economist Intelligence Unit, Bank of Japan, United, United States U.S, Federal, Fed, European Central Bank, ECB, Swiss National Bank, UBS, Bank of Canada, Bank of, JPMorgan, Reserve Bank of, ANZ, New Zealand Auckland Savings Bank, Bank, Bank Indonesia, BMI, Fitch Solutions, U.S, Oxford Economics, Macquarie Locations: Czech, China, Japan, United States, Switzerland Swiss, Bank of Canada, Turkey, Turkish, Reserve Bank of Australia, New, Indonesia, South Korea, Asia

☆ Gaza aid corridor from Cyprus could start this weekend, says EU president
▼ + stars: | 2024-03-08 | by ( ) www.cnbc.com time to read: +3 min

The European officials and Canada's Prime Minister are visiting the capital Kyiv on the second anniversary of the start of the Russian full-scale invasion in Ukraine. (Photo by STR/NurPhoto via Getty Images)A sea corridor to take desperately needed aid from Cyprus to besieged Palestinians in Gaza could start this weekend, the European Union said on Friday. U.S. President Joe Biden said on Thursday that a temporary port would be built in Gaza to facilitate a flow of aid by sea, initially from Cyprus. "The maritime corridor can make a real difference ... but, in parallel, our efforts to provide assistance to Palestinians through all possible routes of course will continue," Von der Leyen said. Cyprus tested an on-island screening mechanism in January, when British and Cypriot aid for Gaza was dispatched to Egypt.

Persons: Ursula von der, Belgium Alexander De Croo, Giorgia Meloni, Canada Justin Trudeau, Ukraine Volodymyr Zelensky, Joe Biden, Ursula von der Leyen, Nikos Christodoulides, Von der Leyen, Sheikh Mohammed bin Zayed Al Nahyan, Christodoulides Organizations: Canada's, Getty, European Union, Cypriot, United, United Arab Emirates, United Nations, EU Locations: Belgium, Italian, Canada, Ukraine, Kyiv, Russian, Cyprus, Gaza, Cypriot, Larnaca, United Arab, Palestinian, EU, UAE, United States, Christodoulides, Egypt

☆ ‘One of the most important innovations in investing’: TMX CEO jumps deeper into ETFs
▼ + stars: | 2024-03-02 | by ( Emily Glass | ) www.cnbc.com time to read: +1 min

The Toronto Stock Exchange's parent company has already completed a major deal this year: its acquisition of ETF education company VettaFi. According to TMX Group CEO John McKenzie, the deal helps expand its exchange-traded fund business globally. McKenzie plans to utilize the VettaFi acquisition to facilitate more ETF creation. "ETF providers can create new products and great solutions so that they can reach a broader investing audience," McKenzie said. TMX's ETF Screener lists 1,264 ETFs and ETF-related funds on the Toronto Stock Exchange as of Friday.

Persons: John McKenzie, McKenzie, CNBC's Organizations: Toronto Stock, TMX, Toronto Stock Exchange Locations: U.S, Canada

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