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The Fed cut interest rates in its September meeting, which is the first cut in years. Experts say not to rush to action with your cash savings — but start doing some research. But, the Fed finally cut interest rates by 50 basis points at its meeting on September 18 — the first rate cut since March 2020. This is true now, but it will be just as true if the Fed continues to drop the federal funds rate in the future. However, interest rate increases could lead to having to sell the note on the secondary market at a loss.
Persons: Robert Farrington, Paul Miller, Andrew Crowell, D.A, Davidson, Joseph DiSanto, DiSanto, doesn't, Holly Johnson Freelance, Holly Johnson, Johnson Organizations: Federal Reserve, Fed, The, Investor, Miller & Company, Barclays, U.S . News, Club Locations: U.S
CNN —Detroit Lions head coach Dan Campbell is selling his home in the Motor City because of what he calls “safety concerns.”Campbell told Crain’s Detroit Business on Wednesday that he and his family “loved” the house but decided to move after fans found out where he lived. “There’s plenty of space, it’s on two acres, the home is beautiful,” Campbell told the outlet. Crain confirmed that Campbell was subject to pranks and harassment as a result. “Dan and Holly Campbell are Detroit treasures,” Crain told CNN. After a lackluster first season, he has played a key role in turning Detroit into one of the best teams in the NFL.
Persons: Dan Campbell, ” Campbell, , It’s, Ashley Crain –, Campbell, Crain, “ Dan, Holly Campbell, ” Crain Organizations: CNN — Detroit Lions, Detroit Business, Dallas Cowboys, CNN, Lions, CNN Sport, Cowboys, Bloomfield Township Police Department, NFL, The Lions, NFC, San Francisco 49ers Locations: Motor City, Detroit, Bloomfield Township
And these designers aren’t using just any old jet — they’re purposefully picking Whitby jet, which is widely considered the gold standard of jewelry-ready jet. And “Whitby jet is definitely in the running for the best jet in the world,” explained Steele, who also co-owns Ebor Jetworks, an historic jet workshop and retail shop in the town. Whitby jet is renowned for being pitch-black in color and tough in temperament. Generally speaking, Whitby jet won’t crack or fade over time, like less hearty, no-name jets are wont to do. “There’s not enough jet out there and you can’t buy big pieces of jet” said Steele.
Persons: Queen Victoria, Prince Albert, Victoria's, , Sarah Steele, , ” Steele, “ We’re, Steele, Natasha Wightman's, Tessa Trager Sussex, Natasha Wightman, Rei Kawakubo, Adrian Joffe, Graham Heeley, Ian Fowler, Wightman, Great Britain …, ” Jacqueline Cullen, wasn’t, Jacqueline Cullen, Cullen, he’s, who’ve, John Galliano, Schiaparelli’s Daniel Roseberry, Mary , Queen of, Holly Mazour, it’s, “ There’s Organizations: CNN, Vikings, Deutsch, , Whitby, “ Ravens, Central Saint Martins, Blend, Derbyshire Locations: Venezuela, Spain, France, American, Whitby, North Yorkshire, England, Dover, Great Britain, ateliers, London, hunks
Her business, The Shoe Game Co., started as a hobby before evolving into a side hustle and, eventually, a full-time gig. Sneakers didn't reappear on her radar until the Covid pandemic when work became stressful and her girlfriend encouraged her to reconnect with her childhood hobby as a way to decompress. It was a once-in-a-blue-moon deal that wouldn't have been possible if Zapata didn't know her niche as well as she does. AdvertisementFor a while, however, she says she stuck to what she knew best, which were retro Jordan sneakers: "We didn't veer off. I didn't sell the Nike SB until maybe six months ago because I didn't understand what a Nike SB really was.
Persons: , Val Zapata, Zapata, Everything's, I'm, Zapata didn't, She's, Holly, Kobe Bryant Organizations: Service, Business, Facebook, GAP, Adidas, Nike, Kobe Locations: Colombia, New York, Texas, Las Vegas, Boston
We have also focused on using our favorite strategy to save on travel — using travel rewards credit card points to get some of it for free. While we mostly rely on airline miles to save money on travel, we also use flexible rewards points and hotel points for some aspects of our plans. My husband's birthday trip to MemphisI was able to book my husband a surprise weekend getaway for his 45th birthday this year using credit card rewards. Still, using rewards to take the sting out of what would otherwise be an expensive trip feels like a win when it makes sense. My whole travel plan also underscores something I have believed about the world of travel rewards for a long time.
Persons: Billy Strings, Rewards, Miles, Billy Organizations: Service, Delta Reserve American, Chase, Hyatt, Hyatt Centric, Hyatt Credit Locations: Memphis, Memphis , Tennessee, Delta, Caribbean, Indianapolis, Delta Comfort, FedExForum
She, like 2,000 other state residents, is awaiting approval for aid through a community advocacy program. Resumed funding for LIHEAP is dependent on an appropriations bill used to fund the government. “We had calls during our latest heat wave, and our agencies just don’t have the LIHEAP funding,” Sarensen said. Unlike those so-called entitlements, LIHEAP funding can be depleted without helping everyone who qualifies. Neither Vice President Kamala Harris nor former President Donald Trump has mentioned direct utility or weatherization aid in their campaigns for the White House.
Persons: Cathy McCorkle, she’s, , , won’t, Mark Wolfe, “ There’s, Wolfe, LIHEAP, Bridget Bennett, Brian Sarensen, Sarensen, ” Sarensen, That’s, “ It’s, Stephanie Ashley, We’ve, Ashley, “ We’ve, We’re, we’re, ” “, Kamala Harris, Donald Trump, Karen Lusson Organizations: U.S, Low Income, Energy Assistance, National Energy Assistance, Association, Center for Energy, Opera, Washington, Getty Images, Commerce Department, Law, SNAP, Washington , D.C, House Republicans, White, U.S . Treasury Department, National Consumer Law Locations: Mount Holly , North Carolina, San Diego, Death Valley, Calif, Washington, Phoenix, Oregon, North Carolina, Washington ,
European Central Bank (ECB) President Christine Lagarde addresses a press conference on the Eurozone's monetary policy, at the central bank's headquarters in Frankfurt am Main, western Germany, on July 18, 2024. LONDON — European stocks are expected to rally at the open Thursday as investors in the region await the latest monetary policy decision from the European Central Bank. The U.K.'s FTSE index is seen opening 76 points higher at 8,267, Germany's DAX up 159 points at 18,482, France's CAC 40 up 64 points at 7,460 and Italy's FTSE MIB up 257 at 33,472, according to data from IG. The European Central Bank (ECB) is expected to slash rates again by 25 basis points on Thursday, a move that would mark the first cut since June, when it described the potential for a September reduction as "wide open." The ECB's key interest rate — which helps to price all sorts of loans and mortgages across the bloc — is currently at 3.75% after years of aggressive hikes.
Persons: Christine Lagarde, Germany's DAX Organizations: European Central Bank, LONDON, The, CAC, IG Locations: Frankfurt, Germany
Russia said it has launched a major counteroffensive to retake large areas of its Kursk region that were seized by Ukrainian forces in the border incursion that began last month. Russian Major General Apti Alaudinov, who commands special forces fighting in Kursk, said that Russian troops took back control of about 10 settlements in Kursk, which borders northeastern Ukraine. "Russian forces began counterattacks along the western edge of the Ukrainian salient in Kursk Oblast and reportedly seized several settlements northeast and south of Korenevo on September 10 and 11. The ISW noted that visual evidence suggested that Russian forces deployed in Kursk were operating in company-sized units of 100-250 soldiers and may be using more combat-experienced units to conduct the counteroffensive. The incursion prompted regional authorities to evacuate 150,000 people living in the region, as well as neighboring Belgorod.
Persons: Vladimir Putin, Apti Alaudinov, Alaudinov, Sergei Lavrov Organizations: Ukrainian, Google, Russia's, RIA Novosti, Russian, Institute for Locations: Orenburg, Russia, Kursk, Russian, Ukraine, Kursk Oblast, Korenevo, Russia's Kursk, Belgorod
“Colt Gray brought the gun into the school on his own. The assault-style rife could not be broken down, but Gray hid it in his backpack,” the bureau said Thursday. Republican wants new gun safety measuresAt least 389 mass shootings have taken place so far this year, according to the Gun Violence Archive, which defines mass shootings as those in which four or more victims are shot. That’s an average of more than 1.5 mass shootings every day. In light of the Apalachee High School killings, Georgia House Speaker Jon Burns called for new gun safety and mental health measures in a letter to fellow Republicans.
Persons: Gray, “ Colt Gray, “ Gray, ” Gray, Colin Gray, , Colt Gray, Jon Burns, , ” Burns, Burns, Gloria Butler, CNN’s Jamiel Lynch Organizations: CNN, Apalachee High School, Georgia Bureau of Investigation, Republican, Apalachee, Georgia House Republican Caucus, Democratic, Georgia State Capitol Locations: Georgia, Winder , Georgia, Barrow County
Gordon Ramsay gifted his twins, Holly and Jack, marathon entries for their 18th birthday in 2018. Ramsay, 57, also says he tries to sign up for at least two fitness events every year. Go to newsletter preferences Thanks for signing up! AdvertisementGordon Ramsay had an unconventional choice of gift for his kids, twins Holly and Jack, when they turned 18 in 2018. "While a lot of our friends buy their kids cars and fucking iPads, we got our kids marathon places for their 18th birthday.
Persons: Gordon Ramsay, Holly, Jack, Ramsay, Organizations: Service, Men's Health, Great Ormond, Business
Shoppers at a Walmart store in Secaucus, New Jersey, U.S., in March 2024. LONDON — European stocks are expected to open in mixed territory on Wednesday as global markets focus on the latest U.S. inflation data set to be released later in the day. The U.K.'s FTSE index is seen opening 4 points higher at 8,208, Germany's DAX up 25 points at 18,304, France's CAC 40 flat at 7,404 and Italy's FTSE MIB up 66 points at 33,259, according to data from IG. Traders have their eyes on two key economic reports out of the U.S. this week, with the consumer price index report for August due Wednesday, followed by the producer price index on Thursday. The data comes before a widely anticipated interest rate cut at the Federal Reserve's Sept. 17-18 meeting that could help assuage concerns over a weakening U.S. economy.
Persons: Germany's DAX Organizations: Walmart, LONDON, CAC, IG, Traders, Federal Locations: Secaucus , New Jersey, U.S
France's challenges are far from over, however, with the country facing acute fiscal challenges and an ongoing threat posed by the far-right National Rally opposition, led by Jordan Bardella and Marine Le Pen. France this week asked the Commission to extend its deadline of Sept. 20 to submit debt reduction proposals. Analysts say Barnier's political survival therefore "depends on the whims and personal-political calculations of Le Pen." "The great unknown ... is how far Le Pen will be willing to address the most immediate crisis facing Barnier and the country: the painful choices needed to prevent France from plunging into a destructive fiscal crisis by the end of this year," he said. Marine Le Pen and Jordan Bardella at the final rally before the June 9 European Parliament election, held at Le Dôme de Paris - Palais des Sports, on June 2, 2024.
Persons: La France Insoumise, Remon Haazen, Emmanuel Macron's, Michel Barnier, Jordan Bardella, Pen, Barnier's, Gabriel Attal, Sarah Meyssonnier, Reuters Barnier's, Macron —, Le, Mujtaba Rahman, France's, Eurasia Group's Rahman, Le Pen's Organizations: Republique, La, Getty, Getty Images, Veteran, National Assembly, European, France's, Reuters, New, National, Eurasia Group, Le, Palais des Sports, Nurphoto Locations: La France, Paris, France, Europe, Eurasia
Donald Trump and Kamala Harris enter Tuesday's debate in search of the same goal, a moment that will help them gain the edge in a race polls show is essentially tied. Photographer: Allison Joyce/Bloomberg via Getty ImagesRepublican presidential nominee Donald Trump and his Democratic rival, Vice President Kamala Harris, clashed repeatedly over Russia, Kremlin leader Vladimir Putin and the war in Ukraine in Tuesday night's closely watched Presidential Debate. Harris told Trump, who previously served as U.S. president, that Putin "would eat you for lunch" and said that, if the Republican were to become president, "Putin would be sitting in Kyiv right now." Otherwise, Putin would be sitting in Kyiv with his eyes on the rest of Europe. Starting with Poland," she said, before describing Putin as "a dictator who would eat you for lunch."
Persons: Donald Trump, Kamala Harris, Allison Joyce, Vladimir Putin, Harris, Trump, Putin, wouldn't, Organizations: Art House Theatre, Bloomberg, Getty Images, Democratic, Kremlin, Republican, U.S, NATO, ABC Locations: Fayetteville , North Carolina, Russia, Ukraine, Kyiv, Europe, Poland, Moscow
James Earl Jones, with Rosalind Cash and Ellen Holly, in "King Lear" in Central Park in New York in 1973. Jack Mitchell / Getty Images“Thank you dear James Earl Jones for everything,” the Oscar-nominated actor Colman Domingo wrote Monday in a post on X. Jones and Marlene Warfield, in the 1970 movie "The Great White Hope." “James Earl Jones is one of my greatest inspirations,” Pierre told a reporter. He commanded the stage in productions like “Othello,” “Fences” and “The Great White Hope,” and the screen in movies like the 1974 dramedy “Claudine,” “Conan the Barbarian” in 1982, and many others.
Persons: Cort, James Earl Jones, Samuel L, Jackson, ” Jones, Jones, Denzel, Rosalind Cash, Ellen Holly, Lear, Jack Mitchell, Oscar, Colman Domingo, Darth Vader, “ Dr, Strangelove ”, King Joffer, Sidney Poitier, Harry Belafonte, Marlene Warfield, Aaron Pierre, “ James Earl Jones, ” Pierre, Pierre, , “ Claudine, Conan, L.A, Wendell Pierce, ” Pierce, Frank Converse, Robert Hooks, Bernice King, Coretta Scott King, Martin Luther King Jr, ” King, Jones ’, Malcolm X, Jack Johnson, Edmund Eckstein, ” Dominic Taylor, ” Taylor Organizations: Cort Theatre, ABC, Disney General Entertainment, Getty, Civil Rights Movement, The New York Times, UCLA, NBC News, NBC Locations: Denzel Washington, Central Park, New York, America, , Montgomery, Memphis, United States
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe expect volatility to continue for the remainder of 2024, says Neuberger Berman Holly NewmanHolly Newman Kroft, Neuberger Berman Private Wealth managing director, joins CNBC's 'Money Movers' to discuss where to find value in the current market, how to position, and the election may impact equities.
Persons: Neuberger Berman Holly Newman Holly Newman Kroft, Neuberger Berman Organizations: Neuberger Berman Private Wealth
City of London skyline on 10th June 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. Mike Kemp | In Pictures | Getty ImagesLONDON — European stocks were mixed on Tuesday, following a more positive session at the start of the week. The more mixed picture for European stocks today comes after regional markets closed higher on Monday, shrugging off last week's negative sentiment. Investors are largely looking ahead to next week's meeting of the U.S. Federal Reserve where an interest rate cut is widely anticipated.
Persons: Mike Kemp, Germany's DAX, shrugging Organizations: CAC, Tech, AstraZeneca, Nasdaq, Investors, U.S . Federal Reserve Locations: London, United Kingdom, The City, Asia, Pacific
LONDON — European stocks are expected to open higher Wednesday as investors in the region await key inflation prints from the U.S. and U.K. U.K. inflation data out on Wednesday will be the first print since the Bank of England cut interest rates by 25 basis points last month. After two months at 2%, economists polled by Reuters expect the headline inflation rate to tick higher, to 2.3%. Money markets are currently pricing in a high probability of more interest rate cuts by the BoE, amounting to 50 basis points this year. The central bank's key rate currently sits at 5%.
Persons: Germany's DAX, BoE Organizations: New Oxford, LONDON, CAC, IG, Bank of England, Reuters Locations: London, U.S
U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky looks on during a meeting in New York on September 25, 2019, on the sidelines of the United Nations General Assembly. Saul Loeb | Afp | Getty ImagesPresident of Ukraine Volodymyr Zelenskyy in Kyiv, capital of Ukraine, on July 23, 2019. Trump corrected himself, MSNBC reported at the time, saying that he "likes" Zelenskyy — before returning to his critique of the Ukrainian leader. Republican presidential nominee, former U.S. President Donald Trump speaks at a rally at the Brick Breeden Fieldhouse at Montana State University on August 9, 2024 in Bozeman, Montana. Michael Ciaglo | Getty Images News | Getty ImagesReferring to the war in Ukraine, Trump concluded that he'd "settle" the crisis during his post-election presidential period.
Persons: Donald Trump, Volodymyr Zelensky, Saul Loeb, Ukraine Volodymyr Zelenskyy, Hennadii, Trump, Zelenskyy, that's, Michael Ciaglo, Kamala Harris Organizations: Ukrainian, United Nations General Assembly, Afp, Getty, Green, Deal, White, Republicans, Democrats, MSNBC, Republican, Montana State University, House, Democratic, Trump, New York Times, Siena College, U.S, Democratic Party, Military Command, State Border Guard Service, Military, Anadolu Locations: New York, Ukraine, Kyiv, Russia, U.S, Bozeman , Montana, Volyn, Zhytomyr, Rivne, Chernihiv, Volyn Oblast
LONDON — European stocks are expected to open higher Tuesday, regaining some positive momentum after last week's volatility. The U.K.'s FTSE index is seen opening 26 points higher at 8,233, Germany's DAX up 18 points at 17,288, France's CAC 40 up 14 points at 7,259 and Italy's FTSE MIB 62 points higher at 32,084, according to data from IG. European stocks closed mixed on Monday as forthcoming U.S. and U.K. inflation data dominated investor attention. U.K. wage data released by the Office for National Statistics on Tuesday showed that pay excluding bonuses grew 5.4% year-on-year between April and June — the lowest rate in two years. U.K. inflation data, due on Wednesday, will be the first print since the BOE cut interest rates by 25 basis points.
Persons: Germany's DAX, Jack Kennedy, BOE Organizations: LONDON, CAC, IG, Office, National Statistics, Reuters, Bank of England, U.S Locations: France, Spain, Italy
Ukrainian servicemen operate a Soviet-made T-72 tank in the Sumy region, near the border with Russia, on August 12, 2024, amid the Russian invasion of Ukraine. Ukraine's President Volodymyr Zelenskyy stated on Sunday that it was designed "to put pressure on the aggressor Russia" and to push "the war into the aggressor's territory." Russian official Alexei Smirnov, the acting governor of the Kursk region, told a solemn-looking Putin via videoconference Monday that Ukraine controlled 28 settlements. Analysts at the Institute for the Study of War said geolocated footage suggests Ukraine controls a higher number of around 40 settlements, as of Monday. Russia caught off guardPresident Putin vowed on Monday a "worthy response" to Ukraine's border raid, just as 11,000 more civilians were evacuated in Kursk's neighboring region Belgorod, due to "enemy activity."
Persons: Roman Pilipey, Vladimir Putin, Volodymyr Zelenskyy, Oleksandr Syrskyi, Alexei Smirnov, Putin, Gavriil Grigorov, Kostiantyn Liberov, Liberov Organizations: Afp, Getty, CNBC, Institute for, Sputnik, Ukrainian, United, Reuters, Russian Ministry of Defense, Russian, Ukrainian Armed Forces, Anadolu, Employees, Russian Emergencies Ministry Locations: Soviet, Sumy, Russia, Ukraine, Roman, Kyiv, Ukrainian, Kursk, Russian, Novo, Ogaryovo, Moscow, Kherson, Kharkiv, Turkey, United Arab Emirates, Kursk's, Belgorod, Kursk Oblast, Oryol
LONDON — European stocks are expected to rally at the start of the new trading week, with global markets keeping a close eye on U.S. inflation data out Wednesday. European markets are set to follow in the footsteps of their counterparts in Asia-Pacific, where markets were mostly higher overnight. The rally comes after global stock markets see-sawed last week with steep sell-offs followed by a sharp rebound. U.S. stock futures were lower as investors awaited key inflation data due later this week. In focus is the U.S. producer price index report for July, out Tuesday, followed by the country's latest consumer price index data on Wednesday, with investors looking for signs that price growth is stabilizing.
Persons: Germany's DAX Organizations: CAC, IG Locations: Asia, Pacific, U.S
A fire broke out Sunday in Europe's largest nuclear power plant, located in southern Ukraine, with Ukraine and Russia trading blame over the incident. "As long as Russian terrorists retain control of the nuclear power plant, the situation is not and cannot be normal. A view of the Russian-controlled Zaporizhzhia nuclear power plant in southern Ukraine on June 15, 2023. He said he had met with Russia's President Vladimir Putin who had "clearly indicated increasing vigilance and attention to strategic infrastructure facilities, which include the nuclear power plant." International Atomic Energy Agency (IAEA) inspectors are seen at the Russian-controlled Zaporizhzhia nuclear power plant in southern Ukraine on June 15, 2023.
Persons: Volodymyr Zelenskyy, Zaporizhzhia, Zelenskyy, Olga Maltseva, Yevgeny Balitsky, Balitsky, Vladimir Putin, Alexei Smirnov, Roman Pilipey, Putin Organizations: Anadolu, Getty, Zaporizhzhya NPP, Afp, NATO, CNBC, International Atomic Energy Agency, IAEA, AFP, Russian Ministry of Defense, Russian, Ukrainian Armed Forces, Institute for, Kremlin, AP Locations: Zaporizhzhia, Ukraine, Russia, Anadolu, Moscow, Kyiv, Russian, Enerhodar, Europe, Zaporizhia, Kursk, Kursk Oblast, Soviet, Sumy, Ukrainian, Sudzha
If approved, it would have been the first new treatment for PTSD in more than two decades. Lykos Therapeutics had asked the FDA to approve the drug as part of a treatment regimen, given alongside talk therapy. Lykos Therapeutics had asked the FDA to approve the drug as part of a treatment regimen, given alongside talk therapy. Lykos added that the agency expressed concerns similar to those raised during the advisory committee meeting in June. Davis Institute for Psychedelics and Neurotherapeutics, said he doesn’t think the FDA decision will hinder the development of psychedelics for mental health disorders, including PTSD.
Persons: , , Holly Fernandez Lynch, Lykos, Amy Emerson, Sarah Silbiger, David Olson, Olson, ” Olson, Brian Barnett, ” Barnett, Joe Biden, Biden, Robert Califf, ” Lynch, psychedelics, David Rind Organizations: Drug Administration, Therapeutics, FDA, Lykos Therapeutics, University of Pennsylvania, Davis Institute for Psychedelics, Cleveland Clinic, Clinical Locations: U.S, White Oak, Md, Ohio
My next home was in Seoul, for two years, followed by a decade in Hong Kong — the one place I truly felt at home. AdvertisementI later moved on to become the managing editor of DRiNK Magazine Asia, while I was simultaneously bartending at The Old Man Hong Kong. The book caught my now-business partner's attention and recently led me to Japan to help open a bar, Tokyo Confidential, in the capital. The language barrier is different when you're living here and not just fumbling along as a tourist. The local and global reception to Tokyo Confidential, our craft cocktail bar, has been amazing, too, especially after so many people told me it wouldn't work.
Persons: , hadn't, Hong Kong's, bartending I'd, wouldn't, they'd, Holly Graham, I'd, Graham, It's Organizations: Service, Business, Magazine, Tokyo, Tokyo Confidential Locations: Thailand, London, Seoul, Hong Kong, bartending, Magazine Asia, Asia, Japan, Tokyo, South Korea
Media and chemicals stocks both slipped 0.6%, while travel stocks gained 1.28%. On Wall Street, stocks gained after U.S. weekly initial jobless claims figures came in lower than expected, alleviating some concerns about the state of the labor market. Last Friday's U.S. jobs report had shown slowing employment growth, sparking recession fears and subsequent market volatility. There was an element of market overreaction to that initial jobs report, Janet Mui, head of market analysis at RBC Brewin Dolphin, told CNBC's "Squawk Box Europe" on Thursday morning. "The jobs data is actually not that bad, employment is still growing and particularly importantly, real wage growth is still positive.
Persons: Janet Mui, CNBC's, Mui Organizations: Anadolu, Getty, Media, Global, U.S, RBC Locations: Amsterdam , Netherlands, U.S
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