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☆ Treasury yields rise as investors weigh rate outlook
▼ + stars: | 2024-07-19 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the yield on the 10-year Treasury was up by over one basis point to 4.2000%. The 2-year Treasury yield was last less than one basis point higher to 4.4706%. U.S. Treasury yields were higher on Friday as investors considered the path ahead for interest rates after the latest comments from Federal Reserve officials. Investors digested remarks from Fed policymakers made throughout the week as they weighed the potential path ahead for interest rates. Fed Chairman Jerome Powell also this week said that rate cuts would begin before inflation reaches the 2% target.

Persons: Mary Daly, we're, Daly, Christopher Waller, Jerome Powell Organizations: Treasury, U.S, Federal Reserve, San Francisco Fed, Fed

☆ D.N.C. Pours $15 Million Into State Parties in Top Battlegrounds
▼ + stars: | 2024-07-16 | by ( Nick Corasaniti | ) www.nytimes.com time to read: +1 min

The Democratic National Committee announced on Tuesday that it would pour $15 million into the party’s ground game in seven battleground states, an early cash infusion into the nuts and bolts of campaigning as Republicans hold their national convention in Milwaukee. The money, which will go directly to the Democrats’ state parties, will be used to open more field offices, expand data collection efforts and hire staff members to cover more terrain in Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania and Wisconsin. “This is the largest-ever investment made to battleground state parties at this point in time,” Jaime Harrison, the chair of the D.N.C., said in a statement. “And we continue to build our state-by-state war chests in preparation to re-elect President Biden and Vice President Harris in November.”The $15 million summer expenditure amounts to a bet by Democrats that a sophisticated and sprawling ground game in battleground states can overcome the turmoil engulfing President Biden’s campaign, after weeks in which key elected Democrats and donors have defected from him and called for him to step aside over concerns about his age and acuity.

Persons: ” Jaime Harrison, Biden, Harris, Biden’s Organizations: Democratic National, Democrats Locations: Milwaukee, Arizona , Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin

☆ Postage is going up again. You should care, even if you don’t send mail
▼ + stars: | 2024-07-13 | by ( Chris Isidore | ) edition.cnn.com time to read: +9 min

Most people don’t use mail the way they used to – if they send out mail at all. And, most of all, businesses still depend on the mail to help them reach customers and keep the economy going. A history older than AmericaThe postal service and the United States have grown side by side since before the country’s birth – quite literally. The band The Postal Service was an indie-pop darling near the turn of the century. While stamp prices have doubled in that time, most experts point the finger at technology instead.

Persons: ”, Michael Plunkett, Benjamin Franklin, Alexis de Tocqueville, “ Alexander M, –, Santa Claus, Cliff, Newman, “, David Brin, Kevin Costner, ” Plunkett, Kevin Kosar, that’s, Plunkett, Sackler, ” ‘, doesn’t, Louis DeJoy, Kyle Grillot, Michael Kubayanda, Mark Dimondstein, ” Kubayanda Organizations: New, New York CNN, US Postal Service, Association for Postal Commerce, Boston Post, United States, Smithsonian Magazine, Getty, New York City, Postal Service, Post, ” Workers, Service, American Enterprise Institute, “, ”, Coalition, Century Postal Service, USPS, American Postal Workers Union Locations: New York, United States, Boston, United, Britain, France, Siren , Wisconsin, City, Los Angeles, AFP

☆ Wholesale prices rose 0.2% in June, slightly hotter than expected
▼ + stars: | 2024-07-12 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

A measure of wholesale prices rose more than expected in June as Wall Street assesses when the Federal Reserve will feel comfortable cutting interest rates. The producer price index rose 0.2% last month, the Labor Department's Bureau of Labor Statistics reported on Friday. The PPI is a gauge of prices that producers can get for their goods and services in the open market. Friday's report comes shortly after the June consumer price index came in cooler than expected on Thursday. The Fed's preferred inflation reading is the personal consumption expenditure price index.

Persons: Dow Jones Organizations: Port, Federal, Labor Department's Bureau of Labor Statistics, PPI, Traders Locations: Port of Los Angeles, San Pedro , California

☆ Russia would need to spend 6% of its entire 2024 budget to pay wounded soldiers and families of dead troops, 2 researchers estimate
▼ + stars: | 2024-07-11 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

That's about 6% of Russia's total budget for 2024, which is 36.6 trillion rubles, or $414 billion. They arrived at a total of 400,000 wounded or dead, including 100,000 soldiers killed. AdvertisementThe cost of the one-time payments would be a "staggering amount," they wrote. Still, it's not clear if Russia has consistently been rolling out its one-time payments to its wounded or its deceased soldiers' next-of-kin. Russia plans to spend nearly a third of its total 2024 budget on defense, or about 10.8 trillion rubles, which is $122 billion.

Persons: —, Thomas Lattanzio, Harry Stevens, Stevens, it's Organizations: Service, Johns Hopkins School, International Studies, Center, National, Business, Lattanzio, Russian Ministry of Defense, Radio Free, Independent, Carnegie Endowment, International Peace's, Eurasia Center Locations: Ukraine, Russia, Russian, Moscow, Independent Russian, International Peace's Russia

In this gilded echo chamber, Mr. Trump enjoys unwavering devotion — and collects the staggering price of admission. During the 2014-15 season — the last before Mr. Trump officially entered politics — The Times counted 52 fund-raiser events at Mar-a-Lago. More than two dozen midterm candidates had already held fund-raisers on the property when Mr. Trump made that statement. But that changed when Letitia James, the New York attorney general, sued Mr. Trump for exaggerating the value of his properties. And, unlike when Mr. Trump was president, “he was there a lot,” Mr. Rustmann said.

Persons: Donald J, Trump, MAGA, Matt Gaetz, “, Sebastian Gorka, ”, Forgiato, Donald Trump, Ryan Garcia, “ Donald Trump, Glenn Beck, Roger Stone, Liz Crokin, Michael T, Flynn, We’re, —, Vivek Ramaswamy, Matthew DePerno, Frank Pavone, Kari Lake, Joe Kent, ” Cameron Moore, Alex Stone, Stone, Roger J, Stone Jr, Roseanne Barr, don’t, Abraham Lincoln, Lago, Thomas D, Homan, ” Sebastian Gorka, Gorka, Abraham Lincoln ”, Trump’s, ” Mr, Vernon Jones, Letitia James, galas, Laurence Hirsh, James, Greg Christovich, Christovich, Christovich’s, Michael Barnett, Barnett, ” Frank Vain, Fred Rustmann, Mr, Rustmann Organizations: Gravity, House, New York Times, Mar, U.S.A, Times, Trump, Palm, Republican Party of Palm, Lincoln, Breakers, Policy Institute, America’s, Inc, White, Mr, America, of, Republican, Republicans, Republican National Committee, Democratic Senatorial, Trump Organization, New, U.S ., Secret Service, U.S . Department of State, Records, The Trump Organization, Republican Party of, RSM, Republican Party Locations: Mar, Jan, America, Palm Beach, Lago, Charlottesville, Va, Beach, Georgia’s, “, New York, Republican Party of Palm Beach County, Florida

☆ As NATO meets, leaders look to 'Trump-proof' the military alliance
▼ + stars: | 2024-07-10 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

US President Donald Trump arrives for the NATO summit at the Grove hotel in Watford, northeast of London on December 4, 2019. U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky speak during a meeting in New York on September 25, 2019. Hanno Pevkur, Estonia's defense minister, emphasized that NATO allies did not interfere in each other's domestic politics and democratic processes. So when, when the choice of American people is Donald Trump, then it's Donald Trump. Then all the countries in the world, including Estonia, including the NATO allies, have to talk with this administration who will be put in place."

Persons: Donald Trump, Christian Hartmann, Trump, Recep Tayyip Erdogan, Peter Nicholls, Jens Stoltenberg, Stoltenberg, Joe Biden's, —, Volodymyr Zelensky, Saul Loeb, Donald Trump's, Keir Starmer, Starmer, we've, that's, Radosław Sikorski, CNBC's Steve Sedgwick, Hanno Pevkur, It's, France —, Balázs Orbán, Viktor Orbán Organizations: NATO, AFP, Getty, Republican, Ukraine, Eurasia Group, Trump, Ukrainian, Independent, CNBC, Hungary's Locations: Grove, Watford, London, Washington, Ukraine, China, North Korea, Iran, Britain, New York, Europe, Russia, Estonia, United States, Germany, Canada, France, Poland

☆ Forget AI: These 3 overlooked areas of the stock market have 'coiled spring' upside, JPMorgan says
▼ + stars: | 2024-07-09 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewInvestors are still overtaken by the frenzy for generative AI — but there are underappreciated areas of the market that could offer gains like "coiled springs," according to JPMorgan Asset Management. Related storiesBy the fourth quarter of 2024, JPMorgan expects earnings expansion for the other 493 S&P 500 stocks to match that of the Magnificent 7, a dynamic shown in the chart below. Earnings growth is expected to climb in the S&P 500, barring the Magnificent Seven stocks. These stocks are bound to see upside due to "unexpected resiliency" in the US economy and the rising need to transport materials.

Persons: —, Microsoft — Organizations: Service, Asset Management, Nvidia, Meta, Microsoft, Business, JPMorgan, JPMorgan Asset Management, Semiconductors

☆ Opinion | A Beautiful Inflation Report
▼ + stars: | 2024-07-09 | by ( Paul Krugman | ) www.nytimes.com time to read: +1 min

One of my go-to economic data experts emailed on Thursday morning about the latest inflation report, which showed prices actually falling in June and up only 3 percent over the past year. It was, he declared, “beautiful.”Your aesthetic sense may vary, but we’ve now had two months of really good price data, enough to puncture the bubble of pessimism that, um, inflated early this year. Many economists argued, however, that the bad data was just noise, largely reflecting one-time price resets at the start of the year. Note that the Federal Reserve focuses not on the Consumer Price Index but on an alternative measure, the personal consumption expenditure price index, which isn’t in yet for June. And since the Fed is supposed to skate to where the puck will be, not where it is right now, there’s now an overwhelming case for interest rate cuts.

Persons: we’ve, there’s Organizations: Federal Reserve, Consumer

☆ How airpower experts think Ukraine could pull off bursts of air superiority to get F-16s into the fight and score breakthroughs
▼ + stars: | 2024-07-09 | by ( Chris Panella | ) www.businessinsider.com time to read: +7 min

An Air Force F-22 Raptor flies alongside two Polish F-16s in formation during the NATO Air Shielding media day at Lask Air Base, Poland. Air Force Staff Sgt. The air force could support these operations using HARM missiles. This sets up Ukraine's air force to gain air superiority over specific areas, allowing their pilots to strike Russian units, logistics, and transportation networks and deny movements of reinforcements. An F-16 aircraft is pictured after the first delivery of Norway's old F-16 fighter aircraft to Romania at Rygge Air Force Base, Norway.

Persons: —, David Deptula, Christopher Bowie, nonresident, Danielle Sukhlall, Volodymyr Zelensky, Alexander De Croo, Ludivine Dedonder, Didier Lebrun, Photonews, Bowie, SAMs, That's, it's Organizations: Service, Business, US Air Force, Mitchell Institute, Center for Strategic, An Air Force, NATO Air, Lask, Base, Air Force Staff, Defence, Ukrainian Air Force, Getty, Russia's, Rygge Air Force Base, OLE BERG, NATO, Fighting Falcons Locations: Ukraine, Poland, Russia, Avdiivka, Ukrainian, Zaporizhzhia, Russian, Romania, Norway, AFP

☆ These types of ETFs could prove winners in the second half
▼ + stars: | 2024-07-08 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +6 min

The best-performing exchange-traded funds in the second half will likely be decided by broader shifts in the markets and economy. Even with mounting uncertainty, however, there are some types of ETFs that could emerge as winners. Equities A handful of stocks were big winners in the first half, and some narrowly focused ETFs were able to ride that wave. Single-stock funds tied to Nvidia have also seen heavy interest, including the GraniteShares 2x Long Nvidia ETF (NVDL) . However, Hougan said he didn't think that omission would be a big hurdle for ETF investors.

Persons: Michael Arone, Arone, Jay Jacobs, Jacobs, Todd Sohn, bullish, we're, Sohn, Matt Hougan, Hougan Organizations: Federal Reserve, U.S, SPDR, State Street Global Advisors, Nvidia, Microsoft, NYSE Technology, iShares, Digital Infrastructure, Real, U.S . Tech, Blackstone Senior Loan, Loan Fund, New, Bitwise Asset Management, ETH Locations: U.S

☆ Top Wall Street analysts favor these dividend stocks for better returns
▼ + stars: | 2024-06-30 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Here are three attractive dividend stocks, according to Wall Street's top pros on TipRanks, a platform that ranks analysts based on their past performance. Darden RestaurantsThe first dividend stock is Darden Restaurants (DRI), which operates several popular brands in full-service dining, including Olive Garden, LongHorn Steakhouse and Yard House. While Darden exceeded analysts' earnings expectations, its sales slightly missed the Street's consensus amid increased discounting by rivals. Moreover, the company announced a dividend hike of nearly 7%, bringing the quarterly dividend to $1.40 per share. (See International Seaways' Stock Charts on TipRanks)CitigroupFinally, let's discuss this week's third dividend stock, banking giant Citigroup (C).

Persons: Wall, Darden, Peter Saleh, Saleh, TipRanks, Benjamin Nolan, Nolan, INSW, Goldman Sachs, Richard Ramsden, Ramsden Organizations: Darden, Olive Garden, LongHorn, Citigroup, Management, Citi, Services Locations: Olive, Rohnert Park , California

☆ Stock market today: Indexes cap stellar first half of 2024 with losses even after encouraging inflation report
▼ + stars: | 2024-06-28 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

US indexes ended the day lower, despite market excitement over the latest PCE data. The stock market closed 2024's first half strongly, with the S&P 500 up nearly 15%. "The soft inflation data will build the case that the Fed can start cutting rates in the coming months," LPL Financial chief economist Jeffrey Roach said. Currently, futures markets are pricing in the odds of twoThe soft inflation reading was not enough to keep the indexes in the green through Friday, but the stock market still strongly closed out the first half of 2024. Could these be harbingers of weakness to come, or will they take over as market leaders in the second half?"

Persons: —, Jeffrey Roach, that's, David Morrison, Dow, Russell Organizations: Service, Federal Reserve, Financial, Here's

☆ Younger generations of Asians are spending big on art
▼ + stars: | 2024-06-28 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +4 min

Younger, wealthy shoppers in Asia are splashing their cash on art, according to a longtime collector and senior auction house executive. Chen Yongnuo | China News Service | Getty ImagesAnd, while the size of the global art market fell 4% last year to around $65 billion, according to the Art Basel & UBS Art Market Report 2024, sales in China rose by 9% in 2023, overtaking the U.K. as the world's second-largest art market. For Sotheby's, the rise in younger buyers is driven in part by an increase in online activity. "The definition of digital art nowadays has been expanded from simply photography to video art to NFTs to AI-generated art," she told CNBC's "Art of Appreciation." "With the younger generations becoming more and more prominent in the market ... digital artists ... will be the group of artists getting more attention," Siyang-Le added.

Persons: Nicolas Chow, Gen X, we've, X, Chow, CNBC's, Z, Gen, Yoshitomo Nara, Chen Yongnuo, Clare McAndrew, Angelle, Mak2, Li Zhihua Organizations: …, —, Art Basel, UBS Survey, China News Service, UBS Art, Arts Economics, Survey, Art, CNBC's, Getty Locations: Asia, Shanghai, millennials, Christie's Hong Kong, Sotheby's Hong Kong, China, Hong Kong, Art Basel Hong Kong

☆ Steady dollar sends yen to the brink of 160
▼ + stars: | 2024-06-26 | by ( ) www.cnbc.com time to read: +2 min

The dollar was firm on Wednesday and trading on the precipice of the 160 yen barrier as investors turned cautious and counted down to the release of U.S. price data at the end of the week. The dollar was firm on Wednesday and trading on the precipice of the 160 yen barrier as investors turned cautious and counted down to the release of U.S. price data at the end of the week. The Australian dollar dipped 0.1% to $0.6640 and the New Zealand dollar similarly slipped to $0.6115, with small moves reflecting thin trade. Sterling was steady at $1.268, while bitcoin has recovered somewhat from a dip below $60,000 this week to trade at $61,668. "The yen moves more, and yuan moves are more controlled, but they seldom move in opposite directions," said Societe Generale strategist Kit Juckes.

Persons: Pat Bustamante, Lisa Cook, Michelle Bowman, Bowman, bitcoin, Kit Juckes Organizations: Canadian, Westpac, Federal, Fed, New Zealand, Citi, Sterling, Generale Locations: Asia, U.S, China

☆ Treasury yields climb as investors weigh comments from Fed speakers
▼ + stars: | 2024-06-26 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

The 2-year Treasury yield was last at 4.7306% after rising by close to four basis points. U.S. Treasury yields were higher on Wednesday as investors considered the latest comments from Federal Reserve officials about monetary policy and awaited key economic data. Investors digested remarks from Federal Reserve officials about the U.S. economy and the outlook for interest rates. Bowman also did not take further interest rate hikes off the table. Meanwhile, Fed Governor Lisa Cook on Tuesday said she only expects little change to inflation rates this year, but sees inflation "slowing more sharply" next year.

Persons: Michelle Bowman, Bowman, Lisa Cook Organizations: Treasury, U.S, Federal Reserve, Investors, PCE Locations: U.S

☆ China’s Chang’e-6 lunar probe returns with first-ever samples from far side of the moon
▼ + stars: | 2024-06-25 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +3 min

The Chang'e-6 probe being successfully launched from China's Wenchang Spaceport in Wenchang, Hainan Province, China, on May 3, 2024. China's Chang'e-6 lunar probe returned to Earth on Tuesday, bringing back the first-ever samples from the unexplored far side of the moon. Chang'e-6 returned to Earth with soil collected from the South Pole-Aitken Basin — a massive crater in the lunar hemisphere that always faces away from Earth. In total, Chang'e-6 mission took 53 days from its May 3 departure from the Wenchang Space Launch Center in Hainan, an island off China's south coast. The far side of the moon was first captured in images in 1959 by the Soviet Luna 3 spacecraft.

Persons: China's, Xi Jinping, Soviet Union —, Neil Armstrong Organizations: China National Space Administration, Soviet Luna, Washington, NASA Locations: Wenchang, Hainan Province, China, Inner Mongolia, Chang'e, Hainan, Beijing, India, Soviet, U.S, Soviet Union, Cold

☆ Cramer's week ahead: Earnings from Micron, Walgreens and General Mills
▼ + stars: | 2024-06-24 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer guided investors through this week's most important Wall Street action, highlighting earnings reports from Micron , Walgreens and General Mills . Wednesday brings a slew of earnings reports, including Micron , General Mills , Levi Strauss , AeroVironment and Jefferies Financial . Cramer noted some segments that drive General Mills' business — including snacks, cereal and dough — could be vulnerable because of the rising popularity of weight loss drugs. Walgreens will report on Thursday, and Cramer said Wall Street doesn't have great expectations for the company. McCormick also reports that day, and Cramer said analysts are taking down price targets due to sluggish growth.

Persons: CNBC's Jim Cramer, Mills, Cramer, else's, it's, General Mills, Levi Strauss, AeroVironment, Jefferies, Tim Wentworth, McCormick Organizations: Micron, Walgreens, Big Tech, Carnival, FedEx, Royal, General, Jefferies Locations: Royal Caribbean

☆ Bitcoin tumbles back to $60,000 to start the week
▼ + stars: | 2024-06-24 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

Bitcoin continued its descent to $60,000 on Monday. The price of the flagship cryptocurrency was last down by more than 4% at $61,211.00, according to Coin Metrics. Digital asset investment products notched a second consecutive week of outflows, according to CoinShares. Last week crypto investment products saw their lowest trading volumes globally since the U.S. bitcoin ETFs launched in January. "We have now seen $1.2 billion of outflows from crypto ETFs over the last two weeks which all began after the FOMC meeting.

Persons: Bitcoin, cryptocurrency, James Butterfill, Eleanor Gaywood Organizations: Metrics, CNBC Locations: U.S

☆ Stock futures are flat as the market set to enter last week of June near a record: Live updates
▼ + stars: | 2024-06-23 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Stock futures were flat in overnight trading Sunday as the market is set to enter the last week of June and 2024's first half near record highs. Futures on the Dow Jones Industrial Average and S&P 500 futures were both little changed. The S&P 500 scored an intraday record of 5,505.53 on Thursday and posted another winning week. The equity benchmark gained 0.6% last week, notching its eighth positive week in nine. The S&P 500 has advanced almost 15% this year after notching 31 record closes.

Persons: Katie Nixon Organizations: New York Stock Exchange, Stock, Dow Jones Industrial, Nasdaq, Nvidia, Microsoft, U.S ., Trust Wealth Management, Federal, FedEx, Micron, Walgreens Boots Alliance, Nike

☆ Wall Street is set to wrap up a strong first half with a key inflation report on deck
▼ + stars: | 2024-06-21 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

With stocks set to close out a strong first half of 2024, investors have just one more key inflation hurdle to clear in the week ahead: May's personal expenditure report. Next week's personal consumption expenditure data, the Federal Reserve's preferred inflation gauge, could show whether that overall picture is intact. May's consumer price index, for example, showed no increase from the prior month. Last month's producer price index , a measure of wholesale prices, unexpectedly dropped from the previous reading. Pending Home Sales Index (May) 11 a.m. Kansas City Fed Manufacturing Index (June) Earnings: Nike, Walgreens Boots Alliance , McCormick & Co. Friday June 28 8:30 a.m.

Persons: Stocks, Terry Sandven, Goldman Sachs, David Kostin, Scott Chronert, Brian Leonard, Leonard, Bank's Sandven, Sandven, Mills Organizations: Nvidia, Microsoft, U.S, Bank Asset Management, Federal, PCE, Bank of America Securities, Wall, Keeley, Advisors, FedEx, Dow, Nasdaq, Dallas Fed, Chicago, Richmond Fed, Carnival, New, Micron Technology, . Kansas City Fed Manufacturing, Nike, Walgreens Boots Alliance, McCormick, Chicago PMI Locations: . Kansas, Chicago, Michigan

☆ CNBC's Inside India newsletter: India Inc might not even need a Fed rate cut — but it wants one
▼ + stars: | 2024-06-20 | by ( Ganesh Rao | ) www.cnbc.com time to read: +7 min

The big storyEmerging markets have been on tenterhooks for the better part of this year as the Federal Reserve has been dangling the prospect of an interest rate cut. Historically, as U.S. interest rates fall, the allure of the mighty dollar fades to the benefit of other currencies. Indeed, unlike most developed economies, India's interest rate regime in 2024 isn't any different from that of 2018. There lies the disconnect between the economy, the stock market, and a single stock. Non-bank lender Akme Fintrade India and engineering firm DEE Development Engineers will debut on the stock market on Wednesday.

Persons: Sumant Sinha, we've, Sinha, It's, Fitch, Rahul Jain, Goldman Sachs, Jake Sullivan, Modi, Narendra Modi, CNBC's Charmaine Jacob, Raamdeo Agrawal, CNBC's Tanvir Gill, Jain Organizations: Bloomberg, Getty, Federal Reserve, India Inc, Nasdaq, Reserve Bank of, U.S, Societe Generale, Goldman, Clean Energy, CNBC, Motilal Oswal Financial Services, of India, Bangladesh, Australia, DEE Development Engineers Locations: Tuticorin, India, Reserve Bank of India, Japan, Britain, Delhi

☆ Researchers have found a ‘clear genetic trigger for obesity’ that applies to some people
▼ + stars: | 2024-06-20 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +4 min

CNN —Obesity isn’t just a matter of food and exercise — it may be in your genetic code, according to new research. In this study, however, we found a clear genetic trigger for obesity,” said lead study author Dr. Mattia Frontini, British Heart Foundation senior fellow and an associate professor in cellular biology at the University of Exeter in the United Kingdom, in an email. Researchers used data from the UK Biobank, a large biomedical database and research resource that follows people long term, according to the study published Thursday in the journal Med. Women with the gene mutation weighed an extra 4.6 kilograms (10.14 pounds), and men with the variant weighed an extra 2.4 kilograms (5.29 pounds), according to the study. Research into genetic factors and potential treatments is still underway, but Scherer said the current best approach to medical treatment of obesity is GLP-1 medications.

Persons: ”, Mattia Frontini, Frontini, isn’t, Philipp Scherer, ” Scherer, “, ” Frontini, Scherer, Brooke Alpert, Emily Feig Organizations: CNN, Heart Foundation, University of Exeter, Touchstone Diabetes, University of Texas Southwestern Medical Center, National Institute of Diabetes, Research, Massachusetts General Hospital Locations: United Kingdom

☆ Meta's huge AI investment is expected to boost returns and ease investor spending concerns
▼ + stars: | 2024-06-20 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

META YTD mountain Meta stock performance year-to-date. Riding the tech and AI trade, Meta shares closed at a record high of $527 each on April 5. Like Meta, the Google parent is using AI to enhance its consumer platforms and the potential for more advertising dollars . THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: KeyBanc, Meta, Jeff Marks, Jim Cramer's, Jim Cramer, Jim, Omar Marques Organizations: Facebook, Meta, Gmail, Google, CNBC, Lightrocket, Getty Locations: Meta

☆ India wants to be a developed nation by 2047. Here are 4 critical areas Modi can't ignore
▼ + stars: | 2024-06-20 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +7 min

India has undergone a massive infrastructure push and has made significant strides in connecting and modernizing its highways, railways and airports. He's going to double down on that," said Samir Kapadia, CEO of India Index and managing principal at Vogel Group. "Along with creating physical infrastructure, India needs to remain steadfast on the structural reforms ... Increase foreign investmentsFrom veteran emerging markets investor Mark Mobius to global strategist David Roche, market experts remain bullish on India. Foreign direct investments into the country needs to however pick up pace to further drive economic growth and development, analysts told CNBC.

Persons: Vikram Singh, Narendra Modi, Modi, Reema Bhattacharya, Verisk, Modi's, he's, Samir Kapadia, Nirmala Sitharaman, Santanu Sengupta, Goldman Sachs, Sengupta, Richard Rossow, Kapadia, Sumedha Gupta, Vivek Prasad, Prasad, Mark Mobius, David Roche Organizations: Bharatiya Janata Party, BJP, Infrastructure, India Index, Vogel Group, Nurphoto, CNBC, Center for Strategic, International Studies, Padget Electronics, Dixon Technologies, Bloomberg, Getty, Research, India Electronics, Semiconductor Association, Economist Intelligence Unit, Centre, Monitoring, National Stock Exchange of, World Federation of Exchanges Locations: India, Asia, China, Mumbai, Noida, PwC India, National Stock Exchange of India

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