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Whoever is elected the 47th president of the United States will start with a rare and clear advantage: a remarkably solid economy. Tuesday’s election will show how much that all matters to voters, who will soon decide which candidate they want to entrust the economy to from here. But to regular American households, it’s more of a “Yes, but” economy: Yes, the job market is strong, but my boss wants me in five days a week, and that doesn’t work for me anymore. Yes, inflation has fallen, but I can’t afford day care. Prices across the rest of the service economy were 4.7% higher overall, and medical care was up 3.9%.

Persons: Kamala Harris, Donald Trump, Spencer Platt, Yuki Iwamura, they’re, Helene, Milton, Patrick T, Fallon, Harris, ”, Greg Valliere, Joe Biden wasn’t, Trump, Karoline Leavitt, “ Kamala Organizations: Investment, Stock, Getty, Consumer, Bloomberg, CNBC, First Street Foundation, NBC, AGF Investments, Biden Locations: United States, Ukraine, Israel

☆ U.S. says Iranian-American held in Iran as tensions high following Israeli attack on country
▼ + stars: | 2024-11-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +4 min

Valizadeh had worked for Radio Farda, an outlet under Radio Free Europe/Radio Liberty that’s overseen by the U.S. Agency for Global Media. The State Department told the AP that it was “aware of reports that this dual U.S.-Iranian citizen has been arrested in Iran” when asked about Valizadeh. “We are working with our Swiss partners who serve as the protecting power for the United States in Iran to gather more information about this case,” the State Department said. The Voice of America, another U.S. government-funded media outlet overseen by the Agency for Global Media, first reported the State Department was acknowledging Valizadeh’s detention in Iran. Meanwhile, Iranian state television aired footage Sunday of different cities across the country marking the anniversary of the embassy takeover.

Persons: Reza Valizadeh, Ayatollah Ali Khamenei, Valizadeh, Radio Farda, Iran ”, Hossein, Khamenei, ”, America, Benjamin Netanyahu, Hassan Nasrallah, Yahya Sinwar Organizations: Associated Press, U.S . State Department, American Embassy, Iran’s, Radio Farda, Radio Free, Liberty, U.S . Agency for Global Media, Radio, Iran’s Intelligence Ministry, Human Rights, News Agency, The State Department, State Department, United Nations, America, Agency for Global Media, Embassy, Guard, U.S Locations: Iranian, American, Iran, Tehran, Israel, U.S, Radio Free Europe, United States, South Korea, Valizadeh, Lebanese

☆ Iran warns of 'crushing response' following Israeli airstrikes as Pentagon announces plans to bolster US presence in the Middle East
▼ + stars: | 2024-11-03 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +3 min

Iran has vowed a "crushing response" following Israel's late October airstrikes. Israel's attack came in response to an Iranian missile barrage on October 1. It comes as the US announced plans to send more warships and B-52 bombers to the Middle East. AdvertisementIran's supreme leader, Ayatollah Ali Khamenei, said there would be a "crushing response" following Israel's airstrikes on the country last week. Experts had predicted that Iran may look "an off-ramp" or launch a small-scale retaliation following Israel's strikes.

Persons: —, Ayatollah Ali Khamenei, Israel, Joe Biden, Biden, Putin, Pat Ryder, Khamenei Organizations: US, Service, Zionist, Israel, Pentagon, US Air Force, Central Command, Minot Air Force Locations: Iran, Israel, United States, America, CENTCOM's

☆ Israel has long wanted to dismantle the UN’s Palestinian refugee agency. The consequences could be disastrous for all
▼ + stars: | 2024-11-03 | by ( Mick Krever | ) edition.cnn.com time to read: +13 min

Nor, he said, was he motivated by the claim that UNRWA perpetuates Palestinian refugee status. AFP/Getty ImagesThe entrance to Aida Refugee Camp, near Bethlehem, in the occupied West Bank. “If they shut down UNRWA, that means there is no Palestinian refugee cause. Dawoud Abo Alkas/Anadolu/Getty ImagesAn UNRWA school in al-Am'ari Refugee Camp, in Ramallah, in the West Bank. Nur Shams refugee camp near Tulkarm, in the Israeli-occupied West Bank, after an Israeli raid in September.

Persons: Jerusalem CNN — Benjamin Netanyahu, –, “, Nikki Haley, ”, Israel –, Donald Trump’s, Netanyahu –, Trump’s, Works Agency for Palestine Refugees – Netanyahu, ‘, Boaz, Hani Alshaer, Israel, ” –, Netanyahu, Aaron David Miller, Mick Krever, ” Philippe Lazzarini, they’re, Diana Buttu, ’ Saleh Shunnar, “ Israel, Miller, Mahmoud Issa, Deir, Abd Abu Amra, Dawoud Abo, Issam, Chris Sidoti, Nadav Tamir, ’, Nur Shams, Mohamad Torokman, Jerusalem –, don’t, ” Tamir, Zeena, Abeer Salman, Mohammed Al, Shira Gemer Organizations: Jerusalem CNN, US, United, UN, United Nations Relief, Works Agency for Palestine Refugees, West Bank, UNRWA, Israel Defense Forces, Qassam, Anadolu Agency, Getty, Washington Post, Assembly, CNN, Refugees, UNHCR, Reuters, Dawoud, Dawoud Abo Alkas, East, UN’s Independent International Commission of, Geneva Convention, Anadolu, J, Israel Locations: Jerusalem, Israel, American, Gaza, ”, Hamas, Be’eri, British, Palestine, AFP, Bethlehem, Swiss, “, Deir Al, Palestinian, Gaza City, Anadolu, al, Ramallah, Lebanon, Jordan, Syria, East Jerusalem, Australian, Palestinian Territory, “ Israel, Geneva, New York, Tulkarm

☆ After their son came out as gay, these conservative Christian parents went into a closet of their own
▼ + stars: | 2024-11-03 | by ( John Blake | ) edition.cnn.com time to read: +37 min

But that’s not what happened to Greg Jr. That’s what happened to his parents, Greg Sr. and Lynn McDonald. One of them is a portrait of their son, Greg Jr., around the time his parents confronted him about his secret. An undated family photo shows Greg Jr., Greg Sr., Lynn and Connie McDonald. Courtesy Greg Sr. and Lynn McDonaldEven so, Greg Jr. learned to be quiet and blend in. They didn’t know how to answer this question: Can you still love God, the Bible and your gay son?

Persons: Greg McDonald Jr, “, you’re, ” Greg Jr, Betsy, Greg Jr, he’d, He’d, ”, that’s, Greg Sr, Lynn McDonald, Greg, ’, Austin Steele, ” Rob Bell’s, Charles Swindoll’s “, Ali Forney, –, PFLAG –, Lynn, ‘, McDonald, Hodges, Jon Cherry, Kahlib Barton, Barton, they’re, ” Barton, Connie, Grace ’, ” Greg Sr, He’ll, Connie McDonald, ” Lynn, James Dobson, ” Dobson, Jeff Fusco, ” Lynn McDonald, Abraham, Isaac, “ Wanna, Karen, David Gushee, ethicists, Gushee, ” Gushee, Gushee’s, Jesus, —, Lynn’s, ’ ’ ’ Lynn, David Quinones, Quinones, Deb, Josh, ” Quinones, David Quinones Quinones, ” David Quinones, Andy Stanley, Stanley, Sterling Graves, Albert Mohler, podcaster, Mohler, ” “, ” Mohler, Dominic Gwinn, ” Stanley, Andy, “ Greg Jr, ” Greg McDonald, ‘ We’re, Greg McDonald, They’ve, Patrick Potulski, Potulski, ” Potulski, Standing, he’s Greg Jr, Jon, doesn’t, John Blake Organizations: CNN, McDonalds, Christian, Ali, Supreme, Kentucky State Capitol, DePaul University in, DePaul, Fashion Institute of Technology, ”, Episcopal, North Point Community Church, North, “, Southern Baptist Theological Seminary, National Conservative Conference, Washington D.C, McDonald Locations: Grand Rapids , Michigan, America, Chattahoochee, Atlanta, Christian, Frankfort , Kentucky, DePaul University in Chicago, Philadelphia, Chicago, New York City, Duluth , Georgia, New Zealand, Georgia, North Point, Atlanta ., North, Washington, AFP, England, South Africa, Australia, Ethiopia, Poland

☆ Palestinian and Israeli filmmakers tell their own story in ‘No Other Land’
▼ + stars: | 2024-11-03 | by ( Leah Asmelash | ) edition.cnn.com time to read: +12 min

Residents countered, saying the IDF had blown up Palestinian homes in Masafer Yatta decades earlier, in 1966). Speaking from Adra’s family home in Masafer Yatta, they spoke with CNN about life under occupation, and what, if anything, their documentary might change. And it’s unfortunate that people are now talking about the need for political change only after, in a way, human beings are paying with their blood. What I saw, like the missions happening, the attacks are happening here in Masafer Yatta. And this is what’s really happening here in Masafer Yatta.

Persons: Basel Adra, Tony Blair, Blair, Adra, Adra’s family’s, ” Adra, “, ”, — Adra, Yuval Abraham, Abraham, it’s, you’re, Yuval Abraham Abraham, It’s, they’re, I’ve, — Organizations: CNN, UK, West Bank, Adra, Berlin, Lincoln Center, New York Film, Basel, Google Locations: Israel, Hebron, Masafer, New York, Gaza, Masafer Yatta, Basel, Palestine, United States, South Africa, Yatta, Washington, London

Sirens sounded in central and northern Israel Saturday and the Israeli military continued to pummel Lebanon and Gaza, as cease-fire talks held this week yielded little hope of ending hostilities on the ground. The Israeli military bombed targets in Beirut's densely-populated southern suburbs overnight after warning residents to evacuate. It was the first time in several days that the area, a Hezbollah stronghold, had been hit. The Lebanese Health Ministry said 52 people were killed by the Israeli strikes, and 72 injured across the country on Friday. Health workers in Gaza told Reuters that at least 68 people were killed in Israeli strikes in the last 24 hours.

Persons: Israel, OMAR AL, Magen David Adom, Lior, Bill Burns, Abdel Fattah el, Hassan Rashad ., Brett McGurk, Amos Hochstein, Najib Mikati, Mikati, McGurk, Hochstein, Benjamin Netanyahu's, Ayatollah Ali Khamenei, United States “, General Mohammad Naeini, “, ” Organizations: Israel Defense Forces, United Nations, Hamas, Lebanese Health Ministry, . Health, Reuters, Getty, Iran’s, Iran ”, CIA, American, Friday Reuters, Iranian, United, Islamic Revolutionary Guard Corps Locations: Israel, Lebanon, Gaza, Northern Gaza, ”, AFP, United States, Tira, Tel Aviv, Red Sea . U.S, Cairo, Iran, Fars, North Gaza

☆ The Navy's top ballistic missile interceptor comes with a heavy price tag, but the US can't afford to go to war without it
▼ + stars: | 2024-11-02 | by ( Chris Panella | Jake Epstein | ) www.businessinsider.com time to read: +8 min

AdvertisementOne of the US Navy's best ballistic missile interceptors, the Standard Missile-3, got a workout in the Middle East this year, eliminating Iranian missiles headed for Israel. That's a high cost per intercept, especially if more than one interceptor is fired for each target. An SM-3 Block 1B interceptor missile is launched from the guided-missile cruiser USS Lake Erie during a test in the Pacific. It was then fired a second time during Iran's massive early October barrage, during which Tehran launched more than 180 ballistic missiles at Israel. The industry process, coupled with the exquisite capability of the missile to intercept ballistic missiles, raises the cost of the interceptor.

Persons: —, Archer Macy, you've, Tom Karako, Navy Carlos Del Toro, Del Toro, RTX, Cmdr, Jason Tross, Bryan Clark, Karako, Macy Organizations: US, Service, Iranian, Congress, Navy, Pacific . US Navy, Missile Defense, Center for Strategic, International Studies, Mitsubishi Heavy Industries, Combat, US Naval Forces Europe, Hudson Institute, Getty, Business, Analysts, China's Rocket Force, SM, US Navy, Studies ' Missile Defense Locations: China, Israel, Lake Erie, Pacific, Tehran, Iranian, Iran

☆ The US says it will send more warships and bombers to the Middle East as tensions persist between Iran and Israel
▼ + stars: | 2024-11-02 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

The US is deploying warships and B-52 bombers to the Middle East amid rising tensions. Israel and Iran are stuck in a cycle of retaliatory strikes. The US earlier said it would also send a missile defense system and 100 more troops to Israel. AdvertisementThe United States is sending bombers and warships to the Middle East as Iran and Israel trade threats of retaliatory strikes. The United States said it would send about 100 troops to operate the air defense system.

Persons: —, Lloyd Austin, Pat Ryder, Austin, Ryder, Hassan Nasrallah, Ayatollah Ali Khamenei Organizations: Service, Pentagon, US Air Force, Defense, United Locations: Israel, Iran, States, East, United States

Lebanon's caretaker Prime Minister Najib Mikati attends a press conference in Paris, France, on October 24. “We are doing our best and are optimistic that within the next few hours or days we will have a ceasefire,” Lebanon’s caretaker Prime Minister Najib Mikati said Wednesday in an interview with Lebanese media outlet Al Jadeed. Any progress at lowering temperatures in the region will be considered a win inside the White House. CIA Director Bill Burns was in Cairo on Thursday for discussions on Gaza and Lebanon, including a meeting with Egyptian President Abdel Fattah El-Sisi. Read more about the diplomatic push.

Persons: Najib Mikati, Sarah Meyssonnier, Benjamin Netanyahu, ”, Netanyahu, Biden, –, Bill Burns, Abdel Fattah El, Amos Hochstein, Brett McGurk, Hochstein Organizations: Reuters American, CIA, White Locations: Paris, France, Gaza, Lebanon, Israel, Cairo, Iran

☆ Wealth manager for the super-rich names 3 stocks to buy before the year-end
▼ + stars: | 2024-11-01 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +5 min

Equity markets rallied this year, as investors remained bullish on Big Tech but also scooped up shares in under-the-radar companies. Year-to-date, shares in Exxon have gained 16.7%, while the stock of Barrick and Microsoft have gained around 10.8% and 15% respectively. Microsoft Teng remains bullish on Microsoft, despite Wrise making a "partial switch" and reducing its weight in the tech giant while increasing allocations to Nvidia in early August. Microsoft and and Nvidia are among the so-called Magnificent Seven stocks, which also include Alphabet , Amazon , Apple , Meta Platforms and Tesla . Nike Athletic footwear and apparel label Nike is another stock that Teng likes, despite bearish sentiments in Wall Street.

Persons: Kevin Teng, —, Barrick, Barrick Gold Teng, Microsoft Teng, Teng, OpenAI, AlixPartners, Walt Disney, Mickey Mouse Organizations: Big Tech, CNBC Pro, Wrise Private Singapore, Microsoft, behemoth Exxon Mobil, Barrick Gold, Exxon, Barrick, Exxon Mobil, Nvidia, Apple, Tesla, Nike Athletic, Nike, Disney, Marvel Studios, Disney Plus, 4Q, Pixar Animation Studios Locations: Asia, East, Europe, Wall Street

☆ Oil climbs more than $1 per barrel on reports Iran preparing to strike at Israel
▼ + stars: | 2024-11-01 | by ( ) www.cnbc.com time to read: +3 min

Oil prices extended gains on Friday, climbing more than $1 a barrel to pare weekly losses, as geopolitical tensions in the Middle East rose following reports that Iran was preparing a retaliatory strike on Israel from Iraq in the coming days. Brent crude futures , which have rolled to the January contract, climbed $1.31, or 1.80%, to $74.12 a barrel by 0128 GMT. U.S. West Texas Intermediate crude futures rose $1.35, or 1.95%, to $70.61 a barrel after settling up 0.95% in the previous session. Oil prices were also supported by expectations that OPEC+ could delay December's planned increase to oil production by a month or more, four sources close to the matter told Reuters on Wednesday, citing concern about soft oil demand and rising supply. The world's largest oil producer pumped a monthly record high of 13.4 million barrels per day in August, EIA said.

Persons: Axios, Monday's, Tony Sycamore, Sycamore Organizations: Brent, . West Texas, U.S, Reuters, NPC, Energy Information Administration, EIA Locations: pare, Iran, Israel, Iraq, Sydney, Middle, U.S, China

☆ Gold little changed ahead of U.S. payrolls data
▼ + stars: | 2024-11-01 | by ( ) www.cnbc.com time to read: +2 min

Twenty kilogram gold and silver bricks sit at the ABC Refinery smelter in Sydney, New South Wales, Australia, on Thursday, July 2, 2020. Gold traded little changed on Friday as investors refrained from taking big positions ahead of the U.S. payrolls data that could provide further clues about the Federal Reserve's interest rate outlook. Spot gold was flat at $2,746.09 per ounce, as of 0235 GMT. Gold prices gained more than 4% in October amid safe-haven flows spurred by the Middle East tensions and U.S. election uncertainty. Zero-yield gold thrives in a low interest rate environment.

Persons: Gold, Edward Meir, Kamala Harris, Donald Trump, nonfarm, Meir Organizations: ABC Refinery, Democratic, Republican, Reuters, Traders Locations: Sydney , New South Wales, Australia

☆ Top U.S. commander in Middle East being investigated on allegations of shoving a subordinate
▼ + stars: | 2024-10-31 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Courtney-Kube-Circle-Byline-Template.Jpg | Courtney Kube | ) www.nbcnews.com time to read: +2 min

The Army Criminal Investigation Division is looking into allegations that Gen. Michael “Erik” Kurilla shoved an airman while traveling on a C-17 several weeks ago, the officials said. The Army Criminal Investigation Division said in a statement that it is "aware of an alleged incident and is currently looking into it. The Army Criminal Investigation Division is an independent federal law enforcement agency responsible for felony criminal investigations and operations. For now, he remains in the job and is currently traveling in the Middle East, according to a senior administration official. Kurilla has been at the helm of CENTCOM, the combatant command in the Middle East and Central Asia, since April 2022.

Persons: Michael “ Erik ” Kurilla, Kurilla, It’s Organizations: Army, U.S . Central Command, Army Criminal, Army Criminal Investigation, Defense, 75th Ranger Regiment, 82nd Airborne Division, XVIII Airborne Corps, Operations Command Locations: U.S, CENTCOM, East, Central Asia, Israel, Iran, Iranian, Syria, Mosul, Iraq

☆ Israel says another rocket barrage from Lebanon kills 2 in Israel, hours after 5 were killed
▼ + stars: | 2024-10-31 | by ( The Associated Press | ) www.nbcnews.com time to read: +5 min

TEL AVIV, Israel — Rockets fired from Lebanon killed two more people in northern Israel on Thursday, Israeli medics said, raising the death toll there to seven in what marked the deadliest strikes to hit Israel since its military invaded southern Lebanon earlier this month. First responders carry the shrouded body of a woman who was killed Thursday when a rocket fired from Lebanon hit near Kiryat Ata in northern Israel. First responders transport a woman following a rocket attack near Kiryat Ata in northern Israel. Agricultural areas along Israel’s border, where much of the country’s orchards are located, are closed military areas that can only be entered with official permission. In Israel, rockets, missiles, and drones launched by Hezbollah have killed at least 68 people, about half of them soldiers.

Persons: Hassan Nasrallah, Ahmad Gharabli, Magen David Adom, Sheikh Naim Kassem, “, ”, Hassan Ammar, Jean Fakhry, Zahraa Younis Organizations: Israel — Rockets, Biden, Getty, Refugees and Migrants, National News Agency, Lebanese Health Ministry, Hezbollah Locations: TEL AVIV, Israel, Lebanon, Gaza, Iran, Kiryat Ata, AFP, Haifa, Metula, Israel’s, Baalbek, Lebanon’s, Bekaa, Deir, “

• US officials are heading to the Middle East in a renewed push to resolve the conflicts in Gaza and Lebanon, and to deter an Iranian response to Israel’s strikes last week. The White House said Iran should not respond, but the US was ready to assist Israel’s defense. • Israeli strikes near the historic city of Baalbek killed at least 19 people, Lebanese authorities said. • Aid entering Gaza has sunk to the lowest level since the war began last year, UN data shows. Only 836 aid trucks entered the enclave so far in October, far short of the pre-war average of 500 trucks per day.

Persons: ”, Israel Organizations: CNN Locations: Gaza, Lebanon, Israel, Iran, Baalbek

When Todd Graves looks at resumes, one trend stands out to him: the prevalence of job-hopping. Graves, 52, is the billionaire CEO and co-founder of Raising Cane's Chicken Fingers, a restaurant chain with more than 800 locations across the U.S., its territories and the Middle East. 1 red flag when hiring new corporate employees is a resume that shows frequent job changes every two to three years, he says. "When they're more into title and control versus teamwork, it's a huge red flag for me," says Graves. He says he's noticed a "huge correlation to success" for employees when they care about what happens to their colleagues, team and organization as a whole — rather than focusing solely on their own career growth.

Persons: Todd Graves, Graves, he's Organizations: CNBC Locations: U.S

☆ US makes final ceasefire push before election but doubts progress will be made in Gaza before next US president is known
▼ + stars: | 2024-10-31 | by ( Kevin Liptak | ) edition.cnn.com time to read: +7 min

CIA Director Bill Burns was in Cairo on Thursday for discussions on Gaza and Lebanon, including a meeting with Egyptian President Abdel Fattah El-Sisi. The US envoys also met Israeli defense minister Yoav Gallant to discuss “security arrangements” related to northern Israel, Lebanon and the return of hostages from Gaza. That makes it likely the war in Gaza will continue shadowing the US contest in its final days. Israeli Prime Minister Benjamin Netanyahu speaks at the opening of the 25th Parliament session in Jerusalem on October 28, 2024. The White House offered the same message; National Security Council spokesperson Sean Savett said purported drafts shared online do not reflect the current state of ceasefire talks.

Persons: Benjamin Netanyahu, ”, Najib Mikati, Netanyahu, Biden, –, Bill Burns, Abdel Fattah El, Amos Hochstein, Brett McGurk, Hochstein, McGurk, Israel, Yoav Gallant, Kamala Harris ’, “, ” Harris, Debbie Hill, Harris, Burns, Yahya Sinwar, David Barnea, Mohammed bin Abdulrahman, Lebanon’s Mikati, Sean Savett, CNN’s Lauren Izso, Alex Marquardt, Mostafa Salem Organizations: CNN, American, CIA, White, “, University of Wisconsin -, Getty, Democratic, Hamas, Qatari, Hezbollah, White House, National Security Locations: Gaza, Lebanon, Israel, Cairo, Iran, Madison, University of Wisconsin - Madison, “, Jerusalem, AFP, United States, Qatar, Egypt, Doha, Mohammed bin Abdulrahman al Thani, ” Israel

☆ IMF's Jihad Azour discusses reasons behind the decline in growth in the MENA region
▼ + stars: | 2024-10-31 | by ( Dan Murphy | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIMF's Jihad Azour discusses reasons behind the decline in growth in the MENA regionJihad Azour, the IMF's director of Middle East and Central Asia, says prolonged regional conflict and the extension of OPEC+ cuts led to the downgrade in growth in the Middle East.

Persons: Azour Organizations: Middle Locations: MENA, Jihad, Middle East, Central Asia

☆ Oil prices rise on optimism over solid U.S. fuel demand
▼ + stars: | 2024-10-31 | by ( ) www.cnbc.com time to read: +2 min

Oil prices rose on Thursday, extending the previous day's rally, driven by optimism over U.S. fuel demand following an unexpected drop in crude and gasoline inventories, while reports that OPEC+ may delay a planned output increase offered support. Oil prices rose on Thursday, extending the previous day's rally, driven by optimism over U.S. fuel demand following an unexpected drop in crude and gasoline inventories, while reports that OPEC+ may delay a planned output increase offered support. Nine analysts polled by Reuters had expected an increase in gasoline and crude inventories. "Expectations of a potential delay in the OPEC+ production increase were also supportive... A decision to postpone the increase could come as early as next week, two OPEC+ sources told Reuters.

Persons: Toshitaka Tazawa Organizations: Brent, . West Texas, Energy Information Administration, Reuters, Fujitomi Securities, Organization of, Petroleum, OPEC Locations: U.S, OPEC, Russia, Israel

☆ The US Navy fired nearly $2 billion in weapons over a year of fighting in the Middle East
▼ + stars: | 2024-10-31 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

The US Navy has been involved in combat operations in the Middle East for over a year. In that time, Navy warships and aircraft in the region have fired $1.85 billion worth of munitions. AdvertisementThe US Navy has fired off nearly $2 billion worth of munitions since it began intense combat operations in the Middle East a little over a year ago. An F/A-18E Super Hornet launches from the flight deck of the USS Dwight D. Eisenhower in the Red Sea. Advertisement"We've demonstrated that on multiple occasions throughout the Middle East, whether it's supporting the defense of Israel, protecting the freedom of navigation in the Red Sea, or addressing threats throughout the Middle East and other places," he added.

Persons: —, Dwight D, Eisenhower, Jonathan Word, Maj, Pat Ryder Organizations: US Navy, Service, Navy, Business, Pentagon, Hornet, US, Street Journal, US Central Command Locations: Red, Israel, Iran, Aden, Gaza, Iranian, Yemen

☆ Marc Andreessen says US carmakers need to make a $20,000 EV if they don't want to 'lose the auto industry' to China
▼ + stars: | 2024-10-31 | by ( Jaures Yip | ) www.businessinsider.com time to read: +6 min

Investors Marc Andreessen and Ben Horowitz said Chinese EVs are beating out American and European automakers. Andreessen Horowitz founders Marc Andreessen and Ben Horowitz said on their podcast that Chinese automakers have developed high-quality and affordable vehicles supported by a robust supply chain ecosystem. With the American auto industry struggling with slowing growth in its EV market, American automakers need to be able to offer a compelling $20,000 EV that also competes on quality if the US doesn't want to "lose the auto industry," Andreessen said. Andreessen said that Chinese car brands are outperforming American EV automakers in affordability and quality, calling them "super technologically sophisticated." AdvertisementTo keep up, American automakers need to be able to offer a similarly affordable and full-featured car at the $20,000 price point, Andreessen said.

Persons: Marc Andreessen, Ben Horowitz, Andreessen Horowitz, Xiaomi's, —, It's, Andreessen, they've, Horowitz, Jim Farley, " Horowitz, Elon Musk, Tesla, Musk, Xiaomi Organizations: Service, Centre, Strategic & International Studies, Ford, Porsche, Porsche Cayenne, American EV, Elon, Nissan Locations: China, Mexico, Dubai, American

☆ Linde falls after its guidance fails to wow the market. We've seen this movie before
▼ + stars: | 2024-10-31 | by ( Jeff Marks | ) www.cnbc.com time to read: +8 min

To be sure, it wasn't the typical beat-and-raise quarter that Linde has become known for over the years. Linde Why we own it: The industrial gas supplier and engineering firm has a stellar track record of consistent earnings growth. It increased to $10 billion thanks to the largest gas project sale in company history. Other companies in the industrial gas space have a shakier track record at this, especially for clean hydrogen projects. Guidance For the fourth quarter, Linde expects adjusted EPS in the range of $3.86 to $3.96, implying 8% to 10% growth compared with the year-ago period.

Persons: Linde, —, Sanjiv Lamba, shouldn't, Lamba, Jim Cramer's, Jim Cramer, Jim Organizations: Linde, Revenue, LSEG, LIN, Products, CNBC, Tanks, Bloomberg, Getty Locations: Americas, Europe, Middle East, Africa, Asia, China, India, Dow Chemical's Fort Saskatchewan

☆ Strike on Iran shows Israeli Air Force's embrace of ballistic missiles
▼ + stars: | 2024-10-31 | by ( ) www.businessinsider.com time to read: +7 min

Israel's weapon of choice in its attack on Iran was the air-launched ballistic missile. Their weapon of choice: Air-launched ballistic missiles. The Israeli Air Force's use of various ALBMs suggests some middle ground was ultimately reached. While Israel does have an arsenal of land-based Jericho intermediate-range ballistic missiles (IRBMs), these are reserved for nuclear strikes. Israel designed its Sparrow missiles to simulate Iraqi Scud and Iranian Shahab ground-launched missiles for testing its Arrow interceptor missiles, which successfully intercepted most of the incoming Iranian ballistic missiles fired at Israel on October 1.

Persons: —, Freddy Khoueiry, RANE, Air LORA, Sebastien Roblin, Roblin, Federico Borsari, ALBMs, Borsari, Israel, Avigdor Lieberman, RANE's Khoueiry Organizations: Service, Air, IDF, Rampage, Centre for, Haaretz Locations: Iran, Israel, Iraq, East, North Africa, Tehran, Khuzestan, Ilam, Tehran province

TEL AVIV — Senior White House officials will travel to Israel on Thursday, a U.S. official and a source briefed on the matter told NBC News, as the Biden administration intensifies efforts to end the conflicts in Lebanon and the Gaza Strip. The officials are expected to meet with Prime Minister Benjamin Netanyahu to discuss the possibility of a deal to end the fighting in Lebanon, the source said. Brett McGurk, National Security Council coordinator for the Middle East, and Amos Hochstein, a U.S. special envoy with a focus on Lebanon, are also expected to meet other senior Israeli officials, the source said. McGurk and Hochstein will engage the U.S. ally on a range of issues including Gaza, Lebanon, hostages and Iran, the U.S. official said. But the visit of McGurk and Hochstein comes amid growing optimism in Israel that a cease-fire with Hezbollah in Lebanon could now be reached without a deal to end the war in Gaza.

Persons: Biden, Benjamin Netanyahu, Brett McGurk, Amos Hochstein, McGurk, Hochstein, Michael “ Erik ” Kurilla, William Burns, Hassan Nasrallah, ” Organizations: TEL AVIV — Senior White House, U.S, NBC, National Security, U.S . Central Command, CIA Locations: TEL, Israel, Lebanon, Gaza, U.S, Iran, Cairo, Hezbollah

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