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☆ Here are 3 ways Gen Zers can build credit before renting their own place
▼ + stars: | 2024-01-15 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

Fg Trade | E+ | Getty ImagesRising inventory is helping push rent prices down. Many Gen Zers are still living with their parentsWhile some older Gen Zers were able to become homeowners during the Covid-19 pandemic, most did not. Gen Z includes those born between 1996 and 2012, according to Pew Research Center's definition, and the youngest members of that cohort are still teens and tweens. Of the Gen Z adults who currently rent, 27% say they can no longer afford the cost, the firm found. In the meantime, there are ways Gen Z adults can prepare, especially those at home saving on expenses.

Persons: Gen, Daryl Fairweather, Jacob Channel, It's, Zers, Intuit Credit Karma, Melissa Lambarena Organizations: Pew Research, Intuit Credit, Finance Locations: U.S

New York CNN —Winter weather, combined with the grounding of Boeing 737 Max 9 aircraft, is causing major disruptions for air travel. There have been more than more than 2000 flight cancellations Friday, the highest number since July 2023, data from the tracking site FlightAware show. Cancellations due to the grounding of the 737 Max 9 planes are also contributing to the totals. More than 200 United and Alaska Airlines flights have been cancelled each day this week due to the FAA-mandated grounding. 737 Max 9 delaysPassengers on Alaska Airlines and United Airlines have been marred by hundreds of flight cancellations this week.

Persons: Max, ”, “, Boeing “, Dave Calhoun, Calhoun, Jennifer Homendy, CNN’s “ Anderson Cooper, Scott Kirby, Pete Buttigieg, United, CNN’s Marnie Hunter, Forrest Brown, Paradise Afshar, Elizabeth Wolfe, Gregory Wallace, Pete Muntean, Sara Smart, Chris Isidore Organizations: New, New York CNN, Boeing, Max, Midway, Alaska Airlines, FAA, United Airlines, Federal Aviation Administration, CNN, United, Tech Ops, NTSB, Wednesday, CNBC, ”, Transportation, “ Boeing Locations: New York, O’Hare, Denver, Milwaukee, United, Portland , Oregon, Alaska, Oregon, Washington, Paradise

☆ Starbucks sued for alleged deceptive marketing of its ‘100% ethically’ sourced coffee
▼ + stars: | 2024-01-10 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +4 min

New York CNN —Starbucks is being sued by a consumer advocacy group alleging that the global coffee chain falsely and deceptively advertises the “committed to 100% ethical sourcing” claim on its coffee and tea products. There are significant human rights and labor abuses across Starbucks’ supply chain,” she said. Practices sourcing certification. Starbucks developed its own sourcing standards called Coffee And Farmer Equity Practices, or C.A.F.E in 2004. Greenberg said her group is seeking to restrict Starbucks from further engaging in deceptive advertising and to run a corrective advertising campaign.

Persons: “, ”, ” Sally Greenberg, Greenberg Organizations: New, New York CNN, National Consumers League, Starbucks, CNN, SCS Global Services, BBC Locations: New York, Washington, India, Brazilian, Brazil

☆ United, Alaska Air find loose hardware on some Boeing 737 Max 9s after grounding
▼ + stars: | 2024-01-08 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

United Airlines said Monday that it has found loose bolts on door plugs of several Boeing 737 Max 9 planes during inspections spurred when a panel of that type blew out during an Alaska Airlines flight using that type of aircraft last week. Alaska Airlines later Monday said its initial inspections of the jets had turned up "loose hardware" and that, "No aircraft will be returned to service" until formal reviews are complete. The Federal Aviation Administration on Saturday grounded dozens of 737 Max 9s after the panel blew out midflight on Alaska Flight 1282. Plane manufacturer Boeing said earlier Monday it issued instructions to airlines to conduct the inspections of the Max 9s in their fleets. The 737 Max is Boeing's best-selling aircraft, with more than 4,000 orders to fill.

Persons: Max, Dave Calhoun, Calhoun Organizations: Airlines, Boeing, Max, Alaska Airlines, FAA, Federal Aviation Administration, Tech Ops, National Transportation Safety, CNBC PRO Locations: midflight, Alaska

☆ Townhouses Took Off in December, and Neighbors Filed a Rare Joint Listing
▼ + stars: | 2023-12-29 | by ( Vivian Marino | ) www.nytimes.com time to read: +1 min

Manhattan townhouses took center stage in December, with several big sales and a prominent listing. The film producer Scott Rudin teamed up with a neighbor for a combined listing at 20-22 Bank Street in the West Village. And on the Upper West Side, the real estate developer Charles Bendit, and his wife, Karyn Bendit, closed on the sale of their townhouse. Other noteworthy December closings included the purchase of a co-op through a trust for Sara Lee Schupf, for whom the Sara Lee dessert business was named. All three transactions were on the Upper East Side.

Persons: Scott Rudin, Graydon Carter, Ronald S, Lauder, Stephen Sondheim, Charles Bendit, Karyn Bendit, Sara Lee Schupf, Sara Lee, Thomas E, Harvey, Erica Jong Organizations: Rockefeller, House, New York City Schools Locations: West, New

NASHVILLE, Tenn. (AP) — The Los Angeles Angels will not trade three-time AL MVP Mike Trout, general manager Perry Minasian confirmed at MLB's winter meetings on Tuesday. “Mike Trout will not be getting traded, 100%,” Minasian told MLB.com and other outlets. Trout is under contract through 2030, and he makes $35.45 million annually with a full no-trade clause. Ohtani met with the Dodgers in the past few days, their general manager, Dave Roberts, said Tuesday. The Angels will play next year under new manager Ron Washington, who said last month that Trout and Anthony Rendon are key leaders and players for the club.

Persons: Mike Trout, Perry Minasian, Minasian, Arte Moreno's, ” Minasian, Trout, —, ” Trout, Shohei Ohtani, Ohtani, Dave Roberts, Ron Washington, Anthony Rendon, Rendon, ___ Organizations: Los Angeles Angels, Angels, Dodgers, Los Angeles Locations: Tenn, Anaheim, Los Angeles, Los

☆ What to Watch at COP28 on Monday
▼ + stars: | 2023-12-03 | by ( Dec. | At P.M. | ) www.usnews.com time to read: +1 min

DUBAI (Reuters) - Monday is finance day at COP28, which means more funding is likely to be announced for the climate cause. If that sounds familiar, that is because world leaders and the private sector have spent much of the first few days of this year's U.N. climate summit talking about boosting finance for climate action and disaster support. Central to the summit's outcome is how countries will word a final agreement on the future of fossil fuels, and dividing lines are becoming clear. Away from the main COP28 venue, Saudi Arabia will host a side event called Saudi Green Initiative to promote its clean energy plans. The COP28 site could also experience more small, pop-up protests, as activists see the U.N.-led event as a rare chance to rally in the United Arab Emirates, where public protests are banned.

Persons: William James, Will Dunham Organizations: Reuters, Saudi Green Initiative, United Arab Locations: DUBAI, COP28, Dubai, Saudi Arabia, United Arab Emirates

☆ What to watch at COP28 on Monday
▼ + stars: | 2023-12-03 | by ( ) www.reuters.com time to read: +1 min

A demonstrator holds a placard, during a climate protest coinciding with COP28 being held in Dubai and ahead of the upcoming Belgian presidency of the Council of the European Union, in Brussels, Belgium, December 3, 2023. REUTERS/Johanna Geron Acquire Licensing RightsDUBAI, Dec 4 (Reuters) - Monday is finance day at COP28, which means more funding is likely to be announced for the climate cause. Away from the main COP28 venue, Saudi Arabia will host a side event called Saudi Green Initiative to promote its clean energy plans. The COP28 site could also experience more small, pop-up protests, as activists see the U.N.-led event as a rare chance to rally in the United Arab Emirates, where public protests are banned. Reporting by William James; Editing by Will DunhamOur Standards: The Thomson Reuters Trust Principles.

Persons: COP28, Johanna Geron, William James, Will Dunham Organizations: of, European Union, REUTERS, Rights, Saudi Green Initiative, United Arab, Thomson Locations: Dubai, Brussels, Belgium, COP28, Saudi Arabia, United Arab Emirates

☆ DouYu International forms committee to manage ops after CEO's arrest
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

People walk past a booth of live-streaming platform Douyu at the ChinaJoy digital entertainment expo in Shanghai, China July 28, 2016. REUTERS/Stringer/File Photo Acquire Licensing RightsNov 27 (Reuters) - Live streaming platform operator DouYu International Holdings said on Monday it has formed an interim management committee to manage its operations, following the arrest of its chief executive. Last week, DouYu said its chief executive officer and chairman Chen Shaojie was arrested on Nov. 16 in the southwestern city of Chengdu. Backed by Chinese tech giant Tencent (0700.HK), DouYu is the leading video game streaming platform in China by number of users. DouYu also appointed Simin Ren as its vice president last week, it said.

Persons: Stringer, Mingming Su, Hao Cao, Simin Ren, DouYu, Chen Shaojie, Chen, Echha Jain, Krishna Chandra Organizations: REUTERS, DouYu, Holdings, HK, Thomson Locations: Shanghai, China, Chengdu, Bengaluru

☆ I'm an American spending Thanksgiving as a combat nurse under fire on the frontline in Ukraine
▼ + stars: | 2023-11-23 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +9 min

Rebekah Maciorowski, 28, traveled to Ukraine in March 2022 to volunteer as a combat nurse. She will spend Thanksgiving on the frontline and plans on staying in Ukraine until the war is won. Rebekah Maciorowski | @bekamaciorowskiThere is no standardized testing when it comes to supplies, which has been a huge problem for me. 53rd Mechanized BrigadeThere was an anonymous gentleman who wrote a check for $2,000 for tactical medical supplies. And because I'm not a 501(c) organization, he gave it to this other organization and wrote them a handwritten letter explaining these are for medical supplies for Rebekah Maciorowski.

Persons: Rebekah Maciorowski, —, didn't, there's, tourniquets, @bekamaciorowski, I've, they'll, I'd, she's, I'm, we're Organizations: Service, Ukrainian, Health, Marines, Rockets, 53rd Mechanized Brigade Locations: Ukraine, Denver , Colorado, Donbas, Donetsk, Luhansk Oblast, Guyana, Mexico, Ecuador

☆ October home sales fell because of high mortgage rates, soaring prices and low inventory
▼ + stars: | 2023-11-21 | by ( Anna Bahney | ) edition.cnn.com time to read: +3 min

Sales slumped in October and prices continued to climb, as mortgage rates surged last month and inventory remained extraordinarily low. Home sales remained at 13-year lows as buyers competed for the few available homes on the market and continued to push up prices. Elevated prices, together with the average rate for a 30-year fixed rate mortgage nearing 8% in October, have created the least affordable market in several decades. Home sales were down in lower priced categories – under $750,000 – due to lack of inventory and sales grew in higher price categories where there was more inventory. “The lack of inventory and higher interest rates really hitting the home sales market,” said Yun.

Persons: —, ”, Lawrence Yun, Yun, “ Organizations: DC CNN —, National Association of Realtors, West, NAR, “ Locations: Washington, Northeast, Midwest, South

☆ With job cuts and drug tests, the Pentagon hopes to prepare its special-ops forces for a new era of warfare
▼ + stars: | 2023-11-21 | by ( Stavros Atlamazoglou | ) www.businessinsider.com time to read: +6 min

US Navy/MCS 1st Class Anthony W. WalkerNaval Special Warfare Command announced in September that it would start testing its personnel, including Navy SEALs and Naval Special Warfare Combatant-Craft Crewmen, for performance-enhancing drugs. The initiative comes after several drug-related incidents in the Naval Special Warfare community and is designed to protect the force's health and readiness. Special Forces Assessment and Selection candidates carry a telephone pole during a ruck march at Camp Mackall in North Carolina in March 2020. The Navy Special Warfare Community has swelled to about 4,000 SEALS — 10 times as many as at the height of the Cold War. A US Special Forces soldier free falls over a drop zone in Germany in March 2015.

Persons: —, Anthony W, Keith Davids, Jason Johnston, Stavros Atlamazoglou Organizations: Pentagon, Service, US Navy, Walker, Warfare Command, Navy, Warfare, Craft, Navy SEAL, Special Forces, US Army, Special, Command, Army, 75th Ranger, Operations Command, US Special Forces, Hellenic Army, 575th Marine Battalion, Johns Hopkins University, Johns Hopkins School, International Studies, Boston College Law School Locations: Iraq, Afghanistan, Syria, Ukraine, Beijing, Asia, Pacific, Russia, China, Coronado , California, Mackall, North Carolina, Germany

☆ Former GOP House member's wife said Sen. Markwayne Mullin put his finger in the noses of sleeping members of Congress and their spouses on a trip to Israel
▼ + stars: | 2023-11-17 | by ( Madison Hall | ) www.businessinsider.com time to read: +2 min

In 2015, Sen. Markwayne Mullin went to Israel along with several colleagues and their spouses. Two people on the trip said he picked the noses of sleeping members and their spouses on the bus. AdvertisementThe wife of a former Republican congressman said Sen. Markwayne Mullin put his fingers in the noses of sleeping congressional spouses for photo ops on a trip to Israel. Kappy Trott, the wife of former Rep. David Trott, described the story to Politico on Friday. She said the event occurred amidst a trip to Israel in 2015 with the American Israel Public Affairs Committee alongside nearly 40 members of Congress and some of their spouses.

Persons: Sen, Markwayne Mullin, —, Kappy Trott, David Trott, Mullin, Trott, Bernie Sanders, He's, it's, Mullin's Organizations: Service, Republican, Politico, American Israel Public Affairs Committee, Teamsters Locations: Israel, Oklahoma

☆ Shohei Ohtani and Ronald Acuña Jr. named unanimous MLB MVPs
▼ + stars: | 2023-11-16 | by ( Homero De La Fuente | ) edition.cnn.com time to read: +3 min

Ohtani becomes the first player ever to be named unanimous American League MVP twice and joins Albert Pujols and Miguel Cabrera as the only foreign-born players to win the award multiple times. Earning a total of 420 points, Ohtani beat out Texas Rangers teammates Corey Seager with 264 points and Marcus Semien with 216 points. Additionally, Acuña led the majors with 149 runs, 217 hits, an on-base percentage of .416) and a 1.012 OPS. “I feel really happy and privileged to be here with my family,” Acuña said in Spanish on MLB Network, surrounded by friends and family. Prior to Thursday, there had never been two unanimous MVPs announced by the writers’ association in the same season, dating back to 1931.

Persons: Shohei Ohtani, Ronald Acuña Jr, Ohtani, Albert Pujols, Miguel Cabrera, Corey Seager, Marcus Semien, Aaron, Judge, ” Ohtani, Seager, congrats, Acuña, ” Acuña, ”, Mookie Betts, Freddie Freeman, MVPs Organizations: CNN, Atlanta Braves, Baseball Writers ’ Association of America, American League, Texas Rangers, MLB Network, Los Angeles Angels, Angels, New York, NL, Los Angeles Dodgers Locations: Spanish, Venezuela, Latin America

☆ Here are Monday's biggest analyst calls: Apple, Amazon, Oracle, Eli Lilly, Airbnb, Meta, Southwest & more
▼ + stars: | 2023-11-13 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Jefferies initiates PepsiCo as buy Jefferies called PepsiCo a defensive stock. " Jefferies initiates Procter & Gamble as buy Jefferies said in its initiation of the stock that it's a top and bottom line growth leader. Jefferies initiates Colgate-Palmolive as buy Jefferies said it sees a "reinvigorated" brand lineup for Colgate. Citi reiterates Amazon and Meta as buy Citi said it's bullish on the partnership between Amazon and Meta. Citi reiterates Eli Lilly as buy Citi said it's standing by its buy rating on the stock.

Persons: Piper Sandler, Stifel, CrowdStrike, KBW, it's, Bernstein, buybacks, Airbnb, BTIG, Raymond James, Natera, Hewlett Packard, Jefferies, Colgate, Morgan Stanley, Edward Jones, Olin, it's bullish, Truist, Citi, Eli Lilly, Lilly, Melius Organizations: UBS, Barclays, Apple, Piper, Capital Holdings, Guardant, Citi, Hewlett, PepsiCo, Pepsi, Procter, Gamble, G, Constellation Brands, Constellation, Colgate, Palmolive, Mirum Pharmaceuticals, Oracle, North America, Amazon, Social Commerce, ~$

Interest rates for long-term borrowing for capital improvements also would be less costly for Pine Tree Power. The anger and frustration from electric ratepayers in Maine is a far cry from the days when Iberdrola bought Central Maine Power, the state’s largest electric utility. The privately operated, nonprofit Pine Tree Power utility would contract with a private grid operator through a competitive bidding process. But Pine Tree Power would face some of the same constraints as CMP and Versant. And, like the existing utilities, Pine Tree Power would have no control over the actual cost of electricity, which comprises about half of consumers' monthly bills.

Persons: Mainers, ”, Timothy Cox, Janet Mills, William Harwood, Seth Berry, Harwood, Ann, Ursula Schryver, Schryver, Mike Jacobs, Jacobs, who's, Christie Decker, “, Decker, Freed, Willy Ritch, ” Al, David Sharp, @David_Sharp_AP Organizations: Central Maine Power, Energy Partners, Democratic Gov, Maine Public, CMP, Nationwide, American Public Power Association, Union of Concerned Scientists, Iberdrola, Maine, Tree, Maine Affordable Energy Coalition Locations: PORTLAND, Maine, U.S, Washington, Tree, Francisco, San Diego, Ann Arbor , Michigan, Rochester , New York, Nebraska, Boston, Wilton, Pine, ” Al Cleveland

☆ Homeowners associations can be a boon, or bust, for buyers. Here's how to vet HOAs when house hunting
▼ + stars: | 2023-11-05 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

Different types of homes can be affiliated with an HOA, from single-family homes to co-operatives. Single-family homes are separate units where residents own both the plot of land and the house on it, said Clare Trapasso, executive news editor at Realtor.com. They have their own entrances and access to the street and don't share utilities or other systems with other homes. In a condo, residents own their individual units but jointly own the land and the common areas with other residents. Condos are run with a board of people on the homeowners association making decisions for the community, said Jaime Moore, a premier agent for Redfin.

Persons: Clare Trapasso, Jaime Moore, Thomas M, Skiba, Homebuyers, Moore, Redfin's Moore Organizations: Community Associations Institute Locations: New York, Boston, HOA, Nevada

☆ ‘Lawmen: Bass Reeves’ review: David Oyelowo stars in Taylor Sheridan’s latest western with a historical twist
▼ + stars: | 2023-11-03 | by ( Brian Lowry | ) edition.cnn.com time to read: +3 min

After bland western prequels to his flagship drama “Yellowstone,” producer Taylor Sheridan finds marginally more fertile territory in “Lawmen: Bass Reeves,” a series that will devote each season to a different frontier lawman or outlaw. Eventually, Bass escapes, hiding out during the remaining days of the Civil War before settling down and trying his hand at farming. Dennis Quaid in "Lawmen: Bass Reeves." In that context, “Bass Reeves” kicks off what Paramount clearly hopes will be an ongoing franchise with a solid if unspectacular opening salvo, without fully doing justice to its intriguing subject. “Lawmen: Bass Reeves” premieres November 5 on Paramount+.

Persons: Taylor Sheridan, Bass Reeves, ”, David Oyelowo, George Reeves, Shea Whigham, Bass, Dennis Quaid, Reeves, Sheridan, Judge Parker, Donald Sutherland, “, Chad Feehan, “ Ray Donovan ”, “ Bass Reeves ”, Lauren Smith, Dick Wolf, Tulsa King ”, there’s, ” –, it’s, Bass Reeves ” Organizations: Paramount, Confederate Army, Tulsa King Locations: Kingstown, ”

☆ Ukraine has taken 17,000 Russians off the battlefield without firing a shot, US Army special-ops general says
▼ + stars: | 2023-11-01 | by ( Stavros Atlamazoglou | ) www.businessinsider.com time to read: +6 min

Russia has taken hundreds of thousands of casualties since attacking Ukraine last year. Thanks to its information operations, Kyiv has helped take 17,000 Russians off the battlefield without even firing a shot, according to the head of US Army Special Operations Command. "Messaging has played a huge role just in the tactical and operational sense" in Ukraine, Braga said at the Association of the US Army's annual conference in October. During the Cold War, the KGB used information operations as part of a larger "active measures" campaign to subvert the West and undermine NATO. In the US special-operations community, the Army's Psychological Operations Groups and the Civil Affairs Brigade do most of the work when it comes to information operations and shaping the narrative.

Persons: —, Vladimir Putin, Valya, Jonathan Braga, Braga, We've, You've, Arkady Budnitsky, " Braga, it's, Kyiv's Organizations: Service, Russian, US Army Special Operations Command, Navy, Getty, Association of, Anadolu Agency, Kremlin, NATO, Keyboard, US Army, Psychological, Groups, Civil Affairs Brigade, Army Special Forces Locations: Russia, Ukraine, Russian, Europe, Kyiv, St . Petersburg, Rostov, Mackall, North Carolina, China

Ambassador to Japan Rahm Emanuel speaks during an interview with Reuters at the ambassador's residence in Tokyo, Japan, October 30, 2023. China, which had been the biggest buyer of Japanese seafood, says its ban is due to food safety fears. "It's going to be a long-term contract between the U.S. armed forces and the fisheries and co-ops here in Japan," Emanuel said. The U.S. military had not previously bought local seafood in Japan, he said. Asked if he considered himself hawkish on China, Emanuel rejected the term and said he was a "realist".

Persons: Japan Rahm Emanuel, Issei Kato, Rahm Emanuel, Washington, Emanuel, Barack Obama's, Antony Blinken, hawkish, They're, Li Keqiang, Xi Jinping, Robert Birsel Organizations: Reuters, REUTERS, Rights, United, U.S, Thomson Locations: Japan, Tokyo, United States, China, U.S, Beijing

☆ Australian miner South32's met coal output falls on Illawarra disruptions
▼ + stars: | 2023-10-23 | by ( John Biju | ) www.reuters.com time to read: +2 min

A sign adorns the building where Australian miner South32 has their office in Perth, Western Australia, November 19, 2015. As a result, production volumes at Illawarra operations are expected to be weighted to the second half of fiscal 2024, the miner said. Regardless, South32 kept its forecast of 4.4 million metric tons of annual metallurgical coal output from Illawarra, down from last year's 5.5 million tons. Production of metallurgical coal fell to 1.0 million tons in the three months to Sept. 30, from 1.3 million tons a year earlier. That was slightly lower than a consensus estimate of 1.1 million tons compiled by Visible Alpha.

Persons: South32, David Gray, Graham Kerr, John Biju, Roushni Nair, Lisa Shumaker, Jamie Freed, Subhranshu Organizations: REUTERS, Citi, Alpha, Thomson Locations: Perth, Western Australia, New South Wales, Illawarra, Bengaluru

☆ Australia's Lynas plans temporary shutdown of Malaysia ops, shares fall
▼ + stars: | 2023-10-20 | by ( Echha Jain | ) www.reuters.com time to read: +3 min

A small toy figure and mineral imitation are seen in front of the Lynas Rare Earths logo in this illustration taken November 19, 2021. Shares of the miner closed 1.9% lower, after falling as much as 2.7% to A$6.24 mid-trade, the stock marked its lowest since May 3. It will implement an upgrade to its downstream operations at Lynas Malaysia to increase production of neodymium-praseodymium (NdPr) to about 10,500 metric tons per annum. The world's largest producer of rare earths outside China also reported a 21.8% drop in its first quarter sales revenue to A$128.1 million ($81.04 million). NdPr production for the quarter came in at 1,526 rare earth oxide tonnes (REOt), compared with 1,045 REOt a year earlier.

Persons: Dado Ruvic, Lynas, Anwar Ibrahim, Echha Jain, Adwitiya Srivastava, Roushni Nair, Devika Syamnath, Jacqueline Wong Organizations: REUTERS, 10,500tpa, Malaysian, Thomson Locations: Malaysia, Lynas Malaysia, Kalgoorlie, Western Australia, China, Bengaluru

☆ Combat video shows what Ukraine says are its special ops forces destroying enemy armor, capturing the cost of Russia's new assaults in the east
▼ + stars: | 2023-10-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

The video captures Russian tank and vehicle losses near Avdiivka, Kyiv's special ops forces said. Avdiivka, in eastern Ukraine, is one area where Moscow recently launched a renewed assault. Ukraine's Special Operations Forces (SSO) said it detected Russian armor heading toward Avdiivka, a small city in eastern Ukraine's Donetsk region that's currently surrounded on three sides by Russian-occupied territory. It's one area where Moscow's forces recently launched a "renewed offensive," according to US officials. "These days, Russian losses are really impressive, and it is exactly the kind of losses of the occupier that Ukraine needs."

Persons: Avdiivka, —, John Kirby, Lyman, Vladimir Putin, Kirby, Volodymyr Zelenskyy Organizations: Service, Ukraine's Special Operations Forces, Twitter, OF UKRAINE, National Security, Institute for, MGM, Tactical Missile Systems, Ukraine Locations: Avdiivka, Ukraine, Moscow, Ukraine's, Ukraine's Donetsk, that's, Russian, Russia, Washington, Ukrainian, Kyiv

☆ Treasury yields are sky high. Here's why you should care
▼ + stars: | 2023-10-20 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

It’s no longer “higher for longer,” said Steve Sosnick, chief strategist at Interactive Brokers, it’s just “high for long.”What’s happening: 10-year Treasury yields are flirting with 5% for the first time since 2007, before the global financial crisis. It also means more expensive mortgage rates. Mortgage rates tend to track the yield on 10-year US Treasuries. When Treasury yields go up, so do mortgage rates; when they go down, mortgage rates tend to follow. Fed officials, including Powell, have indicated that rates could be high enough to help lower inflation towards their target goal of 2%.

Persons: ”, Steve Sosnick, Rob Almeida, Powell, they’re, Jerome Powell, Paul McCartney, Darrell Cronk, Anna Bahney, —, ” Lawrence Yun, Snapchat isn’t, Snapchat, Clare Duffy, Evan Spiegel Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Interactive, MFS Investment Management, US Treasury, Treasury, Economic, of New, Financial, “, National Association of Realtors, NAR, Twitter Locations: New York, Ukraine, of New York, Wells Fargo, Northeast, Midwest, South, homeownership

☆ Australia's Lynas announces planned shutdown of Malaysia ops
▼ + stars: | 2023-10-19 | by ( ) www.reuters.com time to read: +2 min

A small toy figure and mineral imitation are seen in front of the Lynas Rare Earths logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsOct 20 (Reuters) - Australia's Lynas Rare Earths (LYC.AX) said on Friday there will be a planned shutdown of all its operations in Malaysia except its mixed rare earth carbonate processing plant in the December quarter. The company also reported a 21.8% fall in first-quarter revenue, hurt by lower product prices and continued accumulation of inventory. The company will implement an upgrade to its downstream operations at Lynas Malaysia to increase production of neodymium-praseodymium to about 10,500 tonnes per annum. ($1 = 1.5808 Australian dollars)Reporting by Echha Jain and Adwitiya Srivastava in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Lynas, Echha Jain, Adwitiya Srivastava, Devika Organizations: REUTERS, Malaysian, Mt, Thomson Locations: Malaysia, Kalgoorlie, Western Australia, China, Bengaluru

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