DIRS.INFO The most relevant business & tech news

☆ Nvidia bucks the market, and oil jumps on fears of how Israel may respond to Iran's missile attack
▼ + stars: | 2024-10-03 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +4 min

Markets: U.S. stocks were lower Thursday as Wall Street extends Tuesday's sharp selloff, which was triggered by concern over Iran's missile attacks on Israel. Wall Street will be parsing the government's jobs numbers for their implications on future Fed interest rate cuts. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. 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: Jim Cramer, Jensen Huang, Huang, Blackwell, Gordon Haskett, Sundar Pichai, Pichai, Jim Cramer's, Jim Organizations: CNBC, . Markets, Dow, Nasdaq, Constellation Brands, Modelo, Corona, Constellation, Nvidia, Blackwell, Club, Home Depot, Media, Microsoft, Constellation Energy, Jim Cramer's Charitable Locations: Israel, U.S, Orange

☆ Iran’s existing deterrent against Israel striking has collapsed, says David Albright
▼ + stars: | 2024-10-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIran’s existing deterrent against Israel striking has collapsed, says David AlbrightDavid Albright, Institute for Science and International Security founder and president, joins 'Squawk Box' to discuss the fallout from Iran's ballistic missile attack on Israel, what the appropriate response from Israel should be, state of Iran's nuclear capability, and more.

Persons: David Albright David Albright Organizations: Institute for Science, International Security Locations: Israel

☆ One of Iran's most advanced missiles made an appearance in its massive attack on Israel
▼ + stars: | 2024-10-03 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Iran said it fired its new Fattah missile during the attack against Israel on Tuesday. The medium-range ballistic missile is one of the most advanced in Iran's arsenal. AFP via Getty ImagesThe Fattah-1 is a medium-range ballistic missile considered one of the most advanced in Iran's arsenal. In April, Iran launched a much larger barrage overall with around 170 attack drones, 30 cruise missiles, and 120 ballistic missiles. Still, some of the Iranian missiles managed to impact on land, although they did not appear to cause significant damage.

Persons: —, Hassan Nasrallah, Ismail Haniyeh, Shaan Shaikh, Farzin, Chen Junqing, Shaikh Organizations: Israel, Service, Islamic Revolutionary Guard Corps, Business, Getty, Missle, Center for Strategic, International Studies, The Washington Institute for Near East, Getty Images, Institute for, AP, American, Iranian Locations: Iran, Tehran, Israel, Iranian, AFP, Jerusalem, Xinhua

☆ A US Navy missile that just scored its first kill this year got another workout against Iranian weapons
▼ + stars: | 2024-10-03 | by ( Jake Epstein | ) www.businessinsider.com time to read: +3 min

US Navy warships defending Israel from Iran's missile attack on Tuesday fired SM-3 interceptors. The SM-3 scored its first-ever kill while defending Israel in April from an Iranian bombardment. AdvertisementThe US Navy warships that engaged a massive barrage of Iranian ballistic missiles in defense of Israel on Tuesday fired SM-3 interceptors, a weapon that scored its first-ever kill earlier this year. Two destroyers operating in the Eastern Mediterranean Sea fired around a dozen interceptors at the Iranian missiles, a number of which were shot down. A Navy official confirmed to Business Insider on Thursday that the destroyers fired the Standard Missile 3, or SM-3, during the battle.

Persons: —, Navy Carlos Del Toro, Hassan Nasrallah, Ismail Haniyeh, Bill Urban, USS Cole, USS Bulkeley Organizations: Service, US Navy, Tuesday, Navy, Business, Combat, USNI, US, White House, US Naval Forces Locations: Israel, Iran, China, Tehran, US Naval Forces Europe, Africa

Israel has vowed to respond with violent force to Iran’s ballistic missile attack. Could Israel seek to target Iran's oil facilities and even its nuclear sites? One thing is clear, an Israeli official told NBC News on Wednesday — the country will retaliate swiftly. Prime Minister Benjamin Netanyahu and Israel’s military and intelligence leaders were meeting at the defense ministry to discuss what this might look like. The last time Iran fired missiles at Israel six months ago, Washington persuaded Israel to hold back from a major response.

Persons: Israel, Benjamin Netanyahu, Rosh HaShana, António Guterres, Guterres, Masoud, ”, Netanyahu, obliterating, Hassan Nasrallah Organizations: NBC News, Israel, Hamas Locations: Israel, United States, Iran, Tehran, Gaza, Palestinian, Lebanon, Washington

☆ Dollar firm as war widens in Middle East
▼ + stars: | 2024-10-02 | by ( ) www.cnbc.com time to read: +2 min

The dollar held its sharpest gain in a week on Wednesday after an Iranian missile attack on Israel drove buying of safe assets as investors fretted about the widening of conflict in the Middle East. The dollar held its sharpest gain in a week on Wednesday after an Iranian missile attack on Israel drove buying of safe assets as investors fretted about the widening of conflict in the Middle East. The bid for safety kept the yen broadly steady at 143.45 per dollar and the Swiss franc at 0.8463 per dollar. The New Zealand dollar was nursing a 1.1% overnight fall at $0.6283 and oil prices had jumped 2.5%. Westpac strategist Imre Speizer said the Middle East was unpredictable but that in the absence of escalation market sentiment could recover and focus return to economics.

Persons: Sterling, Imre Speizer, Tim Walz, JD Vance Organizations: Swiss, New Zealand, U.S, Iran's Revolutionary Guard Corps, Hezbollah, ANZ, Westpac, BNZ, Gulf Coast dockworkers Locations: Iranian, Israel, Early Asia, Iran, Lebanon, Asia, New Zealand, dockside, East, Gulf Coast

☆ Oil prices rise on escalating attacks in the Middle East
▼ + stars: | 2024-10-02 | by ( ) www.cnbc.com time to read: +2 min

Storage tanks and oil processing facilities operate at Saudi Aramco's Ras Tanura oil refinery and terminal in Ras Tanura, Saudi Arabia, on Oct. 1, 2018. Oil prices rose on Wednesday on fears conflict in the Middle East could turn into a wider war and disrupt oil supply from the key producing region after Iran fired ballistic missiles at Israel. Iran's oil output rose to a six-year high of 3.7 million barrels per day in August, ANZ added. "Iran accounts for about 4% of global oil output, but an important consideration will be whether Saudi Arabia increases production if Iranian supplies were disrupted." "Any suggestion that production hikes will proceed could offset concerns of supply disruptions in the Middle East," ANZ's note said.

Persons: Brent, Israel, Benjamin Netanyahu, Joe Biden Organizations: U.S, West Texas, Organization of, Petroleum, ANZ Research, ANZ, Israel, . Security, American Petroleum Institute Locations: Saudi, Ras Tanura, Saudi Arabia, Iran, Israel, Lebanon, Tehran, OPEC, Russia, U.S

☆ Israel retaliation may target Iran oil infrastructure, boosting prices further, Wall Street analysts say
▼ + stars: | 2024-10-02 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

The expanding war in the Middle East, however, has reached a new boiling point as Israel has vowed a "painful" response to Iran's attack. The government of Prime Minister Benjamin Netanyahu could take aim at the Islamic Republic's oil infrastructure in retaliation, geopolitical and crude market analysts say. "The next turn in this retaliation spiral may very well involve oil – via the degrading of Iran's oil capacityor Iran's proxies attacking oil and gas shipping from the Persian Gulf," Piper Sandler analysts told clients in a Wednesday research note. If Iran's oil exports of around 1.8 million bpd were taken offline, prices would likely jump by at least $5 per barrel, McNally said. An escalation on this scale could send oil prices higher in increments of $10 per barrel, the analyst said.

Persons: Ali Mohammadi, Benjamin Netanyahu, Helima Croft, Jack Jacobs, Jacobs, Croft, Piper Sandler, Bob McNally, McNally Organizations: Persian Gulf, Bloomberg, Getty, OPEC, RBC Capital Markets, U.S, Army, Rapidan Energy Locations: Bandar Abbas, Iran, Israel, China, Persian

☆ How Israel would retaliate against Iran's missile attacks
▼ + stars: | 2024-10-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Israel would retaliate against Iran's missile attacksCharles Kupchan, senior fellow at the Council on Foreign Relations, and Amrita Sen, founder and director of research at Energy Aspects, join CNBC's 'The Exchange' to discuss the widening war in the Middle East, how recent escalations could impact oil prices, and more.

Persons: Charles Kupchan, Amrita Sen, CNBC's Organizations: Iran's, Council, Foreign Relations Locations: Israel

☆ As Netanyahu vows Iran payback, markets watch for dangers of further escalation
▼ + stars: | 2024-10-02 | by ( Natasha Turak | ) www.cnbc.com time to read: +5 min

Markets are now braced for what could follow a likely Israeli retaliation against Iran. watch nowOil prices gained over 5% in the previous session following the missile strike, before tapering to a 2.5% climb. Oil infrastructure 'tempting targets for Israel'Lewis Sage-Passant, an adjunct professor of intelligence at Sciences Po in Paris, described energy markets as jittery, as investors watch for Israel's next moves. Even without direct targeting, much of the world's oil infrastructure sits under these missile's flight paths, so naturally everyone is very nervous." Questions remain whether a strong Israeli response would restore deterrence or trigger further escalation from Iran and tip the nations into a full-blown war.

Persons: Amir Cohen, Hassan Nasrallah, Lewis Sage, Jake Sullivan, Roger Zakheim, what's, Zakheim, Abbas Araghchi, Sara Vakhshouri Organizations: Reuters Israel's, Brent, West Texas, Isles, RBC Wealth Management, Sciences Po, Israel, Energy, U.S . National, Ronald Reagan Institute, Investments, Saab, BAE Systems, Thales, Rheinmetall, Iran's, SVB Energy Locations: Ashkelon, Israel, Tel Aviv, Iran, Tehran, London, Asia, Paris, U.S, Washington

☆ Yale's Stephen Roach: Markets are in danger of being 'whipsawed' by Middle East conflict, U.S. unemployment
▼ + stars: | 2024-10-02 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +3 min

Ilia Yefimovich/dpa | Picture Alliance | Getty ImagesMarkets are in danger of being "whipsawed" by the combination of regional conflict in the Middle East and rising unemployment in the United States, says Stephen Roach, senior fellow at Yale Law School's Paul Tsai China Center. Most Asian markets fell on Wednesday, tracking losses on Wall Street overnight, as investors fretted over rising tensions in the Middle East. A higher-than-expected unemployment rate could prompt the Fed to accelerate the easing cycle to achieve a soft landing. The unemployment rate in September is expected to come in at 4.2%, according to data of a Reuters poll on LSEG, unchanged from the August figure. The unemployment rate had jumped to near a three-year high of 4.3% in July, a dramatic rise from the five-decade low of 3.4% in April 2023.watch now

Persons: Ilia Yefimovich, Stephen Roach, Yale Law School's Paul Tsai, Hassan Nasrallah, Roach, CNBC's, Stephen Stanley, Kelvin Tay Organizations: Missiles, Getty, Yale Law, Yale Law School's Paul Tsai China Center, Wall, Israel Defense Forces, Santander, Organization of, Petroleum, Energy Information Administration, UBS Global Wealth Management, U.S . Federal Reserve, Traders, U.S, U.S . Federal Locations: Israel, Tel Aviv, Iran, United States, Iranian, Lebanon, U.S .

☆ Middle East tensions: Israel may try to reduce Iran's ability to export oil, says GeoQuant
▼ + stars: | 2024-10-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMiddle East tensions: Israel may try to reduce Iran's ability to export oil, says GeoQuantRoss Schaapp, head of research at GeoQuant, says that will "dramatically" increase oil prices.

Persons: Israel, GeoQuant Ross Schaapp

☆ Israel could launch a counterattack on Iran within days — but there's a key reason Netanyahu has less to fear this time
▼ + stars: | 2024-10-02 | by ( Mikhaila Friel | Thibault Spirlet | ) www.businessinsider.com time to read: +7 min

Iran launched a massive missile attack on Israel on Tuesday. AdvertisementIsrael may carry out a revenge attack on Iran within days, targeting oil sites, nuclear facilities, and key political figures, according to security experts. It comes in the wake of Iran's attack on Tuesday, in which Tehran reportedly fired nearly 200 missiles at Israel. "It is likely that the Israeli leadership has already anticipated the Iranian attack and has prepared for it," Voller said. Israeli Prime Minister Benjamin Netanyahu holds a meeting with the Security Cabinet after Iran's missile attacks on Israel in West Jerusalem on October 1, 2024.

Persons: Benjamin Netanyahu, —, Chris Doyle, Israel, Clionadh, underestimating, Doyle, Voller, Avi Ohayon, Axios, Ameneh, who's, ACLED Organizations: Service, Business, UK's University of Kent, Council, Center for Strategic, International Studies, Getty, US Central Command, Islamic Revolutionary Guard Corps Locations: Iran, Israel, Tehran, Israeli, Middle East, Lebanon, British, Clionadh Raleigh, West Jerusalem, Anadolu, United States, East, Raleigh

☆ War analysts say the massive Iranian missile attack the US called 'ineffective' likely wasn't just for show
▼ + stars: | 2024-10-02 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Iran launched a massive ballistic missile strike on Israel yesterday. War analysts suggest the attack was likely intended to overwhelm air defenses and damage specific military targets. AdvertisementIran's strike on Israel on Tuesday with over 180 ballistic missiles was a massive attack, what appears to be the largest single ballistic missile barrage in history. The attack was largely ineffective, US and Israeli officials said, but conflict experts say it wasn't just for show. Despite this, the attack was reportedly largely repelled by Israeli air defenses, as well as assets from the US and its allies and partners.

Persons: —, Hassan Nasrallah, Ismail Haniyeh, HOSSEIN BERIS, ISW, Jake Sullivan, Kamala Harris Organizations: Service, Institute for, Washington DC, Israel Defense Forces, Security Locations: Iran, Israel, Washington, Iranian, Syria

☆ Expect a 'much more significant' Israeli retaliation against Iran after attack: Karim Sadjadpour
▼ + stars: | 2024-10-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpect a 'much more significant' Israeli retaliation against Iran after attack: Karim SadjadpourKarim Sadjadpour, Carnegie Endowment For International Peace Middle East program senior fellow, joins 'Squawk Box' to discuss the fallout from Iran's ballistic missile attack on Israel, what to expect from Israel in response, next moves for the U.S. and the region, and more.

Persons: Karim Sadjadpour Karim Sadjadpour Organizations: Carnegie Endowment, International Peace, U.S Locations: Iran, Israel

☆ What are the missiles in Iran’s arsenal and how does Israel counter them?
▼ + stars: | 2024-10-02 | by ( Brad Lendon | Gianluca Mezzofiore | ) edition.cnn.com time to read: +7 min

Here’s a look at Iran’s ballistic missile capabilities and the defensive systems employed by Israeli and other forces in the region. The Shahab-3 is the foundation for all Iran’s medium-range ballistic missiles using a liquid propellant, according to Patrick Senft, a research coordinator at Armament Research Services (ARES). But analysts point out that almost all ballistic missiles reach hypersonic speed during their flights, especially as they dive towards their targets. Some 180 ballistic missiles had been launched from Iran against Israel and intercepted in the sky across Israel on October 1, 2024. Meanwhile, the Arrow 3 uses hit-to-kill technology to intercept incoming ballistic missiles in space, before they reenter the atmosphere on their way to targets.

Persons: Kenneth McKenzie, Patrick Senft, Fabian Hinz, Hinz, “, ”, Trevor Ball, “ Israel, There’s, Israel, Israel’s RAFAEL, Matan Golan, Cole, Bulkeley, Pat Ryder, CNN’s Gianluca Mezzofiore, Haley Britzky Organizations: CNN, Missile, Center for Strategic, International Studies, US Air Force, Iran Watch, Wisconsin, Control, Armament Research Services, International Institute for Strategic Studies, US Army, country’s Missile Defense Organization, Defense System, Raytheon, CSIS, Missile Defense Advocacy Alliance, US, Navy, Pentagon, Aegis, Iranian Locations: Iran, Israel, United States, Jordan, Tehran, Jordanian

☆ Excess OPEC capacity keeping oil prices from spiking after Iran attack, says CIBC's Rebecca Babin
▼ + stars: | 2024-10-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExcess OPEC capacity keeping oil prices from spiking after Iran attack, says CIBC's Rebecca BabinRebecca Babin, CIBC Private Wealth senior energy trader, joins 'Squawk Box' to discuss oil price trends, impact of Iran's ballistic missile attack on Israel, Saudi oil minister's warning to fellow OPEC members, and more.

Persons: CIBC's Rebecca Babin Rebecca Babin Organizations: CIBC Private Wealth Locations: Iran, Israel, Saudi

☆ Crude oil jumps nearly 3% as Israel vows 'painful' response to Iran missile attack
▼ + stars: | 2024-10-02 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

U.S. crude oil rose nearly 3% on Wednesday as traders fear Israel could target Iran's oil infrastructure in retaliation for a ballistic missile attack. Israel's ambassador to the United Nations, Danny Danon, vowed late Tuesday that Israel will exact a "painful" response against Iran. Danon's threat came hours after the Islamic Republic launched around 180 ballistic missiles at Israel in retaliation for the assassination of top Hamas and Hezbollah leaders. Israel might take aim at Iran's oil industry to hit Tehran's income and degrade its ability wage war, they said. OPEC+ is planning to increase oil production in December, and U.S. output has been set records.

Persons: Danny Danon, Piper Sandler, Goldman Sachs, Yulia Zhestkova Grigsby Organizations: United Nations, Islamic Locations: Israel, Iran, Islamic Republic, Persian, China

☆ Trump got it wrong on a past Iranian missile attack and again cast aside the US troop injuries as nothing more than headaches
▼ + stars: | 2024-10-02 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

Trump recently got the details of a 2020 Iranian missile strike on US forces wrong. AdvertisementFollowing Iran's massive ballistic missile strike on Israel, former President Donald Trump found himself discussing the 2020 Iranian attack on US forces in Iraq. The attack, which was in response to the killing of Iranian Gen. Qasem Soleimani, was the largest ballistic missile attack ever against US forces abroad. One service member who was affected by the Iranian attack told CBS News a few years ago that he was struggling with vision problems, memory loss, constant headaches, and hearing issues. Trump's comments about the 2020 strike came on the heels of Iran's massive missile strike on Israel, which involved over 180 ballistic missiles.

Persons: Trump, —, Donald Trump, Qasem Soleimani, Asad, Qassim Abdul, Zahra, I've, Amir Cohen, Tim Walz, Ohio Sen, JD Vance, Kamala Harris Organizations: Service, US, Trump, AP, Business, Vermont Army National Guard, Pentagon, CBS News, Minnesota Gov, National Guard, Democratic, Republican, Ohio Locations: Iranian, Israel, Iraq, Iran, Ain, Anbar, Afghanistan, Minnesota

☆ New videos show US Navy warship firing interceptors to fend off Iranian ballistic missiles launched at Israel
▼ + stars: | 2024-10-02 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

US Navy destroyers fired interceptors to defend Israel from Iran's ballistic missile attack Tuesday. A new video shows one of the destroyers — USS Bulkeley — launching its interceptors. AdvertisementNew video footage shared by the US Navy shows an American destroyer firing interceptors to engage the Iranian ballistic missiles launched at Israel on Tuesday. The ships involved in Tuesday's engagement were USS Cole and USS Bulkeley. AdvertisementThe guided-missile destroyer USS Bulkeley, which played a role in shooting down Iranian missiles that were fired at Israel on Tuesday.

Persons: Bulkeley, —, Bill Urban, Cole, USS Bulkeley, Urban, Hassan Nasrallah, Ismail Haniyeh, Daniel Hagari, Jake Sullivan, Pat Ryder, Zac Shea, Kamala Harris, Israel — Organizations: Navy, Service, US Navy, Israel, US Naval Forces, Combat, Business, . White, National, Pentagon, American Locations: US Naval Forces Europe, Africa, Israel, Iran, Tehran, Iranian

☆ Iran missile attack gives Israel the grounds it needs to respond big, says Dan Senor
▼ + stars: | 2024-10-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIran missile attack gives Israel the grounds it needs to respond big, says Dan SenorDan Senor, former foreign policy advisor in the Bush administration, 'The Genius of Israel’ co-author and ‘Call Me Back’ podcast host, joins 'Squawk Box' to discuss the fallout from Iran's ballistic missile attack on Israel, what to expect from Israel in response to the attack, and more.

Persons: Dan Senor Dan Senor, Bush, Israel ’ Organizations: Iran Locations: Israel

☆ Nvidia makes a move to take AI mainstream — plus, a positive call on Home Depot
▼ + stars: | 2024-10-02 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Gordon Haskett took the Club stock to buy and raised its price target to $450 per share, implying 10% upside. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. 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: Jim Cramer, Stocks, Oil, Jim, Gordon Haskett, Gordon, Lamb Weston, Jim Cramer's Organizations: CNBC, Energy, Nvidia, Accenture, Microsoft, Club, Nike, Humana Locations: Israel

☆ Stocks making the biggest moves premarket: Humana, Nike, JD.com and more
▼ + stars: | 2024-10-02 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Humana – Shares plunged more than 22% after the healthcare company announced dire preliminary Medicare Advantage data for 2025. China stocks – Shares of Chinese companies continued to gain amid the broader stimulus rally . Diamondback Energy – The oil stock rose 3% following an upgrade to overweight from equal weight at Barclays. Energy stocks – Shares of energy companies rose following Iran's missile attack on Israel . APA Corp and Marathon Oil both rose more than 2%, and Occidental Petroleum rose more than 1%.

Persons: PDD, Alibaba, Lamb Weston –, Lamb, Betty Jiang, Diamondback, Dan Arnold, Rich Steinmeier, Davidson, —, Lisa Kailai Han, Jesse Pound, Sarah Min, Michelle Fox Theobald Organizations: Nike –, Nike, Li Auto, Baidu, Diamondback Energy, Barclays, Endeavor Energy Resources, LPL, LPL Financial, Baird, Energy, APA Corp, Marathon Oil, Occidental Petroleum Locations: China, Israel

☆ Fmr. US Secretary of Defense: A broader Middle East war could tip global economies into recession
▼ + stars: | 2024-10-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFmr. US Secretary of Defense: A broader Middle East war could tip global economies into recessionWilliam Cohen, former U.S. secretary of defense, joins CNBC's 'Money Movers' to discuss the aftermath of Iran's attack on Israel, economic implications of a potentially broader war, and more.

Persons: William Cohen Organizations: of Defense Locations: U.S, Israel

☆ The US economy teeters after it's hit by a triple threat: Middle East escalation, port closures, and Hurricane Helene
▼ + stars: | 2024-10-02 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

A dockworkers strike begins. Back in the States, a dockworkers strike could upend an economy finally on the mend. Tuesday morning marked the start of a dockworkers strike that will shutter dozens of US ports that handle about half of all US ocean imports. The Iranian attack was largely thwarted, and the dockworkers strike could be short-lived. That's thanks in part to strong demand in China.

Persons: —, JD Vance, Tim Walz, BI's Brent D, Griffiths, Amir Cohen, Hurricane Helene, it's, Tyler, Paul Podolsky, Kate Capital, Samantha Lee Musk, Jenny Chang, Rodriguez Hey Airbnb, Gen Z, somethings, Critics —, Amazon's, Nicholas Bloom, Eric Adams, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Midwest Nice, REUTERS, US Navy, Bank of America, Northwestern Energy, Bridgewater Associates, Samantha Lee Musk &, mojo, DOJ, Google, BI, Amazon, Stanford, New York City Locations: Israel, Iran, Saudi Arabia, States, Bridgewater, China, Yale, New York, London

Search resuls for: "Iran's"

25 mentions found