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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailT. Rowe Price’s Sebastien Page: Don't expect a recession this yearSebastien Page, T. Rowe Price head of global multi-asset, joins 'Closing Bell' to discuss why he's neutral on the market and his stock risk tolerance.
Persons: Rowe Price’s Sebastien Page, Sebastien Page, Rowe Price
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailT. Rowe Price's Dom Rizzo says he's not worried about near-term pullback in techDom Rizzo, T. Rowe Price Global Technology Equity Strategy Portfolio Manager, joins 'Closing Bell Overtime' to talk the NASDAQ underperforming and what is behind it.
Persons: Rowe Price's Dom Rizzo, he's, Dom Rizzo, Rowe Organizations: Rowe Price Global Technology Equity
Stocks ended Monday little changed as another uptick in interest rates kept investors from making big moves ahead of key U.S. inflation data. March's CPI number is also being closely watched to gauge when the central bank will begin to lower interest rates. The S&P 500 declined nearly 1% during the period, its biggest weekly loss since early January. The market did finish the week on a positive note, however, after a stronger-than-expected jobs report Friday. The surprising gain in payrolls gave investors hope that a strong economy could continue to support corporate earnings growth, even if it means higher interest rates for longer.
Persons: Stocks, Elon Musk, Dow Jones, Matt Rowe, Dow Organizations: New York Stock Exchange, Dow Jones, Nasdaq, Treasury, Federal, Nomura Capital Management Locations: payrolls
As for the newsletter, in today's big story, we're breaking down Disney's big proxy fight . Activist investor Nelson Peltz's proxy fight against Disney for two seats on the company's board comes to a head at its annual shareholder meeting today. The total amount spent between Disney and its rivals wrangling votes is estimated to be at least $70 million, a record for a proxy fight. The statue of Walt Disney and Mickey Mouse at Cinderella Castle at the Magic Kingdom, at Walt Disney World, in Lake Buena Vista, Florida. 3 things in businessWin McNamee/Getty Images; Chelsea Jia Feng/BIIn other newsAdvertisementWhat's happening todayThe Walt Disney Company's annual meeting will be held today.
Persons: , Congrats, ya, Bob Iger, Nelson Peltz, Neilson Barnard, David A, Grogan, Nelson, Madeline Berg, BI's Peter Kafka, BI's Grace Eliza Goodwin, Walt Disney, Mickey Mouse, Joe Burbank, Rowe Price, Peltz's Trian, Neuberger Berman, Peltz, It's, Trian, they're, Stocks, Ray Dalio, it's, Quincy Krosby, Jeffrey Buchbinder, Alyssa Powell, Win McNamee, Chelsea Jia Feng, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, National, Getty, Disney, Magic, Walt Disney World, Orlando Sentinel, Tribune, Wall, BlackRock, Peltz's Trian Partners, California Public Employees, Financial Times, DuPont, Fed, JPMorgan, Bridgewater Associates, Astera Labs, Arm Holdings, LPL Financial, Apple, Nvidia, BI, Walt Locations: , Virginia, Lake Buena Vista , Florida, China, Haiti's, New York, London
Trian claims Disney's board has failed to generate sufficient returns in recent years as subscription streaming losses have mounted and traditional TV subscribers have declined. Early vote countBoth Disney and Trian received support from influential shareholders ahead of Wednesday's meeting. Roughly one-third of Disney's shareholders are retail shareholders, who historically vote in small numbers in annual meetings. The arrangement still raised questions about ValueAct's support for the company and whether Disney's board should have disclosed the prior relationship. WATCH: Disney board battle reaches final moments
Persons: Bob Iger, Mickey Mouse, Valerie Macon, Nelson Peltz, Jay Rasulo, They've, Maria Elena Lagomasino, Michael Froman, Peltz, Ike Perlmutter, Trian, Disney's, Iger, Bob Chapek, Patrick T, Adam Jeffery, Morgan Stanley, James Gorman, CNBC's, George Lucas, Laurene Powell Jobs, Lucas, Powell Jobs, Ken Squire, Rowe Price, Rowe, Mason Morfit's, ValueAct, Neuberger Berman, John Ferguson, Rasulo —, Glass Lewis, Iger's, Gorman, Jeremy Darroch, CNBC's Andrew Ross Sorkin, Heidi Gutman, Lagomasino, shouldn't, Blackwells, Rasulo, Jason Aintabi, John Foley, Jessica Schnell, Craig Hatkoff, Leah Solivan, ValueAct hasn't Organizations: AFP, Getty Images Disney, Voters, Trian Partners, Disney, PepsiCo, Marvel, SEC, Fallon, Bloomberg, Getty, CNBC Disney, CNBC, Star Wars, LucasArts, Pixar, BlackRock, Institutional, California Public Employees, Yacktman Asset Management, Saratoga Proxy, ISS, Sky, Trian Fund Management, NBCU, Bank, NBCUniversal, Green, Comcast Locations: Los Angeles, New York
A vote for the Disney's slate of board members will show support for Iger's performance as CEO since he returned to lead the company in November 2022. AdvertisementIt's the culmination of months of tussling between Disney and Peltz, who has been waging war against Disney's board since January last year. "When I sold Lucasfilm just over a decade ago, I was delighted to become a Disney shareholder because of my long-time admiration for its iconic brand and Bob Iger's leadership." And proxy advisory firm Institutional Shareholder Service recommended shareholders vote for Peltz, though not Rasulo. Advertisement"We wish the very best to Bob, this management team, and the board," Peltz said on CNBC at the time.
Persons: , Bob Iger, Nelson Peltz's Trian, that's, Peltz, Jay Rasulo —, Maria Elena Lagomasino, Michael Froman, Gen, Alpha, Jason Schloetzer, BlackRock, Rowe Price, Iger, Roy Disney's, Laurene Powell Jobs, George Lucas, Lucas, Bob Iger's, Donald Duck's, Ludwig Von Drake, Schloetzer, Trian, That's, Neuberger Berman, Ike Perlmutter, he'd Organizations: Service, Disney, Nelson Peltz's Trian Partners, Business, Century Fox, Epic Games, Georgetown University's McDonough School of Business, Vanguard, Street Journal, ValueAct Capital, Walt, Star Wars, Lucasfilm, New York Times, California Public Employees, CNBC, Netflix, ABC, ESPN, Marvel, Financial
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's a strange time for the Fed to cut rates, says T. Rowe Price's Sebastien PageSebastien Page, T. Rowe Price head of global multi-asset, joins 'Closing Bell Overtime' to talk the day's market action, what's ahead for the Fed, the state of the U.S. economy and more.
Persons: Rowe Price's Sebastien Page Sebastien Page, Rowe Price Organizations: Fed Locations: U.S
In 2015, Nelson Peltz's Trian Partners was defeated in an activist campaign against chemical firm DuPont , largely because the top three institutional shareholders voted against his slate. Nearly a decade later, those same institutional investors — Vanguard, State Street and BlackRock — are the three largest shareholders in Disney . Former Marvel chairman Ike Perlmutter has entrusted Peltz with his 33 million Disney shares, the bulk of the activist's 1.8% stake. Vanguard is the largest holder with 8% of outstanding Disney shares. In 2021, for example, 63% of Disney shareholders voted their shares, according to data analyzed by 13D Monitor.
Persons: Nelson Peltz's Trian, Bob Iger, Rowe Price, CNBC they're, Trian, Ike Perlmutter, Peltz, Neuberger Berman, Jones, Ken Squire, Squire, Innisfree, King Organizations: Nelson Peltz's Trian Partners, DuPont, — Vanguard, State Street, BlackRock, Disney, Wall Street, CNBC, Vanguard, State, Marvel, Trian Partners, 13D, Okapi Partners Locations: BlackRock, New York, California
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTV Host Mike Rowe weighs in on Gen Z gravitating toward trade jobsHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Mike Rowe, Brian Sullivan, Organizations: CNBC
Independent presidential candidate Robert F. Kennedy Jr. is expected to name attorney and entrepreneur Nicole Shanahan as his running mate Tuesday, The New York Times reported. Other people whom Kennedy reportedly considered as a vice presidential pick included:Former Minnesota Gov. Jesse VenturaNFL quarterback Aaron RodgersFormer Democratic Rep. Tulsi Gabbard of HawaiiRepublican Sen. Rand Paul of KentuckyFormer Democratic presidential candidate Andrew YangFormer television host Mike RoweMotivational speaker Tony RobbinsCivil rights lawyer Tricia LindsayFollowing reports that Kennedy had met with Rodgers about the possibility of joining the campaign, CNN reported that the NFL star had shared in private conversations conspiracy theories about the 2012 Sandy Hook Elementary School shooting not being real, including in one instance to CNN anchor Pamela Brown. In response, Rodgers said in a social media post he has “never been of the opinion that the events did not take place” and called the shooting “an absolute tragedy.” In a statement to CNN, Kennedy campaign spokesperson Stefanie Spear called the Sandy Hook shooting “a horrific tragedy.”Last week, CNN reported that Robbins and Kennedy had met as early as 2023 about Robbins being Kennedy’s running mate. But Robbins made clear to Kennedy that he did not believe this was the right time for him to run for public office.
Persons: Robert F, Kennedy Jr, Nicole Shanahan, Kennedy, Jesse Ventura, Aaron Rodgers, Tulsi Gabbard, Hawaii Republican Sen, Rand Paul of, Andrew Yang, Mike Rowe, Tony Robbins, Tricia Lindsay, Rodgers, Sandy, Pamela Brown, Stefanie Spear, , Robbins Organizations: The New York Times, Former Minnesota Gov, Democratic, Hawaii Republican, CNN, NFL, Sandy Hook Elementary Locations: Rand Paul of Kentucky
Even in the past few weeks, it had evolved as Mr. Kennedy and his advisers spoke with more than half a dozen prospective candidates. A spokeswoman for Mr. Kennedy’s campaign declined to comment. Mr. Kennedy and Ms. Shanahan did not respond to requests for comment on Monday evening. quarterback, and Jesse Ventura, the former Minnesota governor and onetime professional wrestler, were at the top of Mr. Kennedy’s list. But she gave to Mr. Kennedy’s presidential campaign in May 2023, when he was running as a Democrat.
Persons: Robert F, Kennedy Jr, Nicole Shanahan, Kennedy, Kennedy’s, Ms, Shanahan, Aaron Rodgers, Jesse Ventura, Scott Brown, Tricia Lindsay, Tulsi Gabbard, Mike Rowe, Jobs, Rowe, Amaryllis Fox Kennedy, Rodgers, Mediaite, Sergey Brin, Biden’s, Mr, Biden, ” Mr, Kennedy —, Donald J, Trump’s, Organizations: New York Times, Republican, Democratic Party, Google, Democratic, Times, Super, Fox News, Trump, The Times Locations: Oakland, Calif, Minnesota, Massachusetts, Hawaii
The event marks a critical moment for Kennedy’s White House bid that could accelerate his efforts to gain ballot access in all 50 states. His vice presidential pick will also be tasked with broadening Kennedy’s appeal and helping raise money for his big-spending campaign. Kennedy campaign ballot access attorney Paul Rossi suggested Nevada Democrats were attempting to block Kennedy from gaining ballot access in the state – a claim the secretary of state’s office rejected. “Vice presidential candidates don’t tend to push elections very far, even for the major-party candidates. “I would never choose a vice presidential candidate based on how much money they have,” Kennedy said in a NewsNation interview last week.
Persons: Robert F, Kennedy Jr, Kennedy, Nicole Shanahan, Jesse Ventura, Aaron Rodgers, Tulsi Gabbard, Republican Sen, Rand Paul, Andrew Yang, Mike Rowe, Tony Robbins, Tricia Lindsay, , , we’ve, ” Kennedy, John F, Kennedy’s, Shanahan, Sergey Brin, Rodgers, Cecilia Heston, Paul Rossi, ” Heston, Donald Trump, Joe Biden, Sandy, Pamela Brown, Stefanie Spear, Robbins, Biden, Angela McArdle, Trump, , Cornel West, Bernard Tamas, Tamas, CNN’s Gregory Krieg Organizations: CNN, Independent, Minnesota Gov, NFL, Democratic, Republican, Oakland, Bay Area Fox, KTVU, Google, University of California, PAC, White, Nevada Democrats, Democratic National, Federal, Kennedy, Democratic Party of Hawaii, Sandy Hook Elementary, Children’s Health Defense, Libertarian Party, , Trump, Biden, Valdosta State University, FEC, New York Times Locations: Oakland , California, Minnesota, Oakland, Chico , California, Berkeley, Washington, Utah, New Hampshire , Nevada, Hawaii, Arizona , Georgia, Michigan, South Carolina, Nevada, Pennsylvania, Georgia
Webber’s comments came during an interview about his upcoming four-week expedition to climb Mount Everest for charity. Julian Finney/Getty ImagesCNN has attempted to contact Webber for comment. Webber and his wife Zoe are co-founders of the Summit Foundation, which works with other charitable organizations to create programs to help young people. According to the foundation’s website, one of its aims is to help break the poverty cycle through education. CNN has contacted Norwich City, which plays in the second tier of English soccer, for comment.
Persons: CNN —, ” Stuart Webber, – Jonny Rowe, Abu Kamara, Max Aarons, Jamal Lewis, Raheem Sterling –, Webber’s, , , ” Raheem Sterling, Julian Finney, Webber, Zoe, we’ll, Kamara –, Norwich City –, Aarons, Amber, Lewis ’, Catrina, – Webber Organizations: CNN, Norwich City, England, Getty, Summit Foundation, League One, Portsmouth, Norwich City –, Huddersfield Town, Wolverhampton Wanderers, Queens Park Rangers, Liverpool, Wrexham Locations: England, Wales, Norwich, Iran,
Here's how Rare Beauty outdid other celebrity brands — and how it could make Gomez a billionaire. AdvertisementThere are currently at least 40 celebrity beauty brands on the market — all experiencing varying degrees of success. AdvertisementNow, Selena Gomez may be poised to join their ranks and become the next celebrity beauty billionaire. Rare Beauty is exclusively sold at Sephora — meaning a potential buyer would see plenty of room for growth. It's among the most-followed celebrity beauty brands on both Instagram and TikTok, with 7.1 million and 3.6 million followers, respectively.
Persons: Selena Gomez, Gomez, , Hailey Beiber's Rhode, Addison, Brad Pitt's Le Domaine, Rihanna, Kim Kardashian, Kim, Anncy Rowe, Jeffrey Ten, Scott Friedman, Nikki Eslami, Pascal Le Segretain, it's, Friedman, Mehdi Mehdi, Joyce Kim, Estée Lauder, Elizabeth Taylor's, Rowe, she's, Alex Rawitz Organizations: Service, Coty, Bloomberg, Fashion, Business, Fast Company, Brand, New Theory Ventures, Nyx, L'Oréal Locations: SKKN, L'Oréal, Sephora
For many people, investing is a necessity to grow one's savings and provide financial security in retirement. A 'fabulous, simple solution' for beginnersTarget-date funds, known as TDFs, are the simplest entry point to investing for the long term, according to financial pros. TDFs are based on age: Investors choose a fund based on the year in which they aim to retire. Other 'solid choices' for novice investorsInvestors who want to be a bit more hands-on relative to TDF investors have other simple options, experts said. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.
Persons: Warren Buffett, Berkshire Hathaway, Christine Benz, Lee Baker, Baker, Carolyn McClanahan, Benz, Charles Schwab, Rowe Price, it's, McClanahan Organizations: Getty, Berkshire, Fidelity Investments, Morningstar, Apex Financial Services, Investors, Benz, Planning Partners, Fidelity, Vanguard Group, BlackRock, Finance, Young Locations: Atlanta, Jacksonville , Florida, U.S
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI spend is strong, overpowering weakness in tech, says T. Rowe Price's RizzoDom Rizzo, T. Rowe Price, joins 'Closing Bell Overtime' to talk chip makers bouncing back, the state of the tech sector, growth in AI spend and more.
Persons: Rowe Price's Rizzo Dom Rizzo, Rowe Price
Bike lanes are good for business
  + stars: | 2024-03-07 | by ( Adam Rogers | ) www.businessinsider.com   time to read: +13 min
Freaked-out business owners have been fighting bike lanes coast to coast, in cities from San Diego to Cambridge, Massachusetts. Rowe compared sales taxes in these “Neighborhood Business Districts” with those in similar districts in the city that didn’t get bike lanes. In one NBD, which replaced car lanes and three parking spots with two bike lanes, sales closely tracked those in the bike-less areas, both in peaks and troughs. Sometimes nothing changed, but more often the areas near bike lanes wound up with more employees and more revenue. It’s the new normal.” All the data in the world may prove that bike lanes are good for business.
Persons: , , Joseph Poirier, Nelson Nygaard, , It’s, I’ve, Kyle Rowe, Rowe, it’s, Poirer, Jenny Liu, Wei Shi, Liu, Poirier, Shi, ” Liu, downtowns, who’s, Larisa Ortiz, ” Poirier, Adam Rogers Organizations: , University of Washington, New York City Department of Transportation, , San, Portland State University, Center for Urban Studies, Portland State, Boston Globe, Automobile, Getty, Business Locations: San Diego, Cambridge , Massachusetts, Los Angeles, Seattle, New York, Brooklyn, Manhattan, Bronx, , San Francisco, there’s, Oregon, Portland, San Francisco , Minneapolis, Memphis, Minneapolis, America’s, downtowns, United States, Chicago ; New York City, Angeles
I first heard about Beato after stumbling onto his YouTube channel. During the pandemic, for example, many music fans migrated to the internet to watch various forms of music because live music was off-limits. “I still feel at 60 the same way I did when I was 14,” he said recently in a YouTube video. His face lights up when he talks about his family on his YouTube channel. “My YouTube Channel was a way to honor my parents and leave something for my kids.
Persons: Rick Beato, Instagram, Beato, , Pat Metheny, Sting, Jimi Hendrix, he’s, it’s, , you’re, He’s, Rick, , Mike Rowe, Jobs, ” Rowe, I’ve, I’m, “ Woo, Bach, Brad Mehldau, Keith Williams, Williams, ” Beato, Dick Cavett, Keith Jarrett, Jarrett, John Coltrane, Beato regaled Jarrett, awestruck, ” Jarrett, Steve Gadd, Chuck Mangione, Oscar Peterson, Music —, Nina, Dylan, Lennon, Layla, Eric Clapton, polychords, Taylor Swift’s “, Paul Allen, Everybody, Joni Mitchell, Herbie Hancock, Rick Beato's, Melissa Golden, John Blake Organizations: CNN, YouTube, Costco, Twitter, Facebook, Berklee College of Music, Eastman School of Music, Ithaca College, New, Conservatory, Music, Ithaca, Microsoft, Intelligence Locations: Atlanta , Georgia, London, Berlin, New Jersey, Fairport, Rochester , New York, Italian, New York, Ithaca, Atlanta, Silicon Valley
The World(MSCI All Country World Index weighting)Entire U.S. stock market: 63%Japan, UK, Canada, France, Hong Kong/China combined: 17.5%Magnificent 7: 17%Source: Dimensional FundsThat seems crazy, no? For example, in the mid-1960s the concentration of the top 10 was over 40% of the S&P 500. Investors who own the S&P 500 don't have to pick those winners; they just go along for the ride. Second, U.S. stocks are global market leaders, and when a small group becomes market leaders it almost always means the U.S. stock market outperforms the world. The U.S. stock market, which was roughly 40% of the global market capitalization a short while ago, is now roughly 50% of global market capitalization.
Persons: Gregory Rowe, Berkshire Hathaway, Lilly, It's, Organizations: New York Stock Exchange, Berkshire, Broadcom, Nvidia, Eck Semiconductor, Dimensional Fund Advisors, FS Investments, IBM, American Express, General Electric, Polaroid, Xerox, U.S, Baidu, SAP, Siemens, United, Shell, AstraZeneca, HSBC Locations: New York City, Miami Beach, Japan, UK, Canada, France, Hong Kong, China, U.S, Germany, United Kingdom
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Ritholtz's Josh Brown and T. Rowe Price’s Sebastien PageRitholtz Wealth's Josh Brown and T. Rowe Price’s Sebastien Page, join 'Closing Bell' to discuss if the market response to the CPI report was a blow to the bulls of a market overreaction.
Persons: Ritholtz's Josh Brown, Rowe Price’s Sebastien Page Ritholtz, Josh Brown, Rowe Price’s Sebastien Page
To grow, the ETF industry has to expand the offerings of active management and devise new ways to entice investors. The big topics in 2024: Bitcoin, AI, Magnificent 7 alternativesIn 2024, the industry is betting that the new crop of bitcoin ETFs will pull in billions. Financial advisors are divided on whether to jump inTen spot bitcoin ETFs have successfully launched. Inflows into bitcoin ETFs to date have been modest, but bitcoin ETFs are being viewed by some advisors as the first true bridge between traditional finance and the crypto community. Jason Pereira, senior partner & financial Planner, Woodgate Financial, is speaking on how financial advisors are using artificial intelligence.
Persons: Matt Hougan, Steve Kurz, David LaValle, Ric Edelman, Edelman, Gary Gensler's, bitcoin, Jason Pereira, Pereira, Roundhill's, Alex Zweber, Eric Veiel, Rowe Price, Brian Portnoy, Neil Bage, feely Organizations: ETF, LIV, Miami, Super, Advisors, JPMorgan, bitcoin, Galaxy, Edelman, Digital Assets, Financial Professionals, SEC, Apple, Microsoft, NVIDIA, China ETF Locations: Fontainebleau, Miami Beach, China, bitcoin
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTaiwan Semi, Samsung and ASML are underappreciated AI plays, says T. Rowe Price's RizzoDom Rizzo, T. Rowe Price global technology equity strategy portfolio manager, joins 'Closing Bell Overtime' to talk current market trends, where to get in on AI investing, the Big Tech sector and more.
Persons: Rowe Price's Rizzo Dom Rizzo, Rowe Price Organizations: Taiwan, Samsung, Big Tech
KFF Health News —The Covid-19 pandemic would be a wake-up call for America, advocates for the elderly predicted: incontrovertible proof that the nation wasn’t doing enough to care for vulnerable older adults. Around 900,000 older adults have died of Covid-19 to date, accounting for 3 of every 4 Americans who have perished in the pandemic. Many seniors at high risk aren’t getting antiviral therapies for Covid, and most older adults in nursing homes aren’t getting updated vaccines. The pandemic made things worsePrejudice against older adults is nothing new, but “it feels more intense, more hostile” now than previously, said Karl Pillemer, 69, a professor of psychology and gerontology at Cornell University. But as a society, we don’t value older adults or the people who care for them,” said Robert Kramer, 74, co-founder and strategic adviser at the National Investment Center for Seniors Housing & Care.
Persons: , , Alice Bonner, I’m, Karl Pillemer, , , ’ ”, Andrew Achenbaum, Achenbaum, Covid, Edwin Walker, Robert Kramer, Kramer, John Rowe, Anne Montgomery, Allen Power, ” Power, it’s “, ” Pillemer Organizations: Health, America, CDC, Institute for Healthcare, gerontology, Cornell University, Texas Medical Center, Aging, Department of Health, Human Services, National Investment Center, Seniors Housing & Care, , Columbia University’s Mailman, of Public Health, National Committee, Preserve Social Security, Schlegel, University of Waterloo Research Institute, National Academy of Medicine’s, Healthy, University of Southern, Cornell, Kaiser Health, KFF Locations: Houston, Canada, University of Southern California
CAIRO (AP) — The U.N. food agency said Friday it has received reports of people dying from starvation in Sudan, where raging fighting between rival generals is hampering the distribution of aid and food supplies to those most hungry. The conflict erupted last April in the capital, Khartoum, and quickly spread to other areas of the country, after months of simmering tensions between the two forces. World Food Program said that some 18 million people across Sudan currently face acute hunger, with the most desperate trapped behind the front lines of the conflict. Photos You Should See View All 45 Images"Life-saving assistance is not reaching those who need it the most, and we are already receiving reports of people dying of starvation,” said Eddie Rowe, WFP's director for Sudan. Burhan and Dagalo are yet to meet in person since the conflict began.
Persons: Abdel Fattah Burhan, Mohammed Hamdan Dagalo, , Eddie Rowe, Burhan Organizations: Sudanese, Rapid Support Forces, Food Program, The United Nations Locations: CAIRO, Sudan, Africa, Khartoum, Darfur, Kordofan, Gezira, Sudan’s, Saudi Arabia, United States
Wall Street continues to climb a wall of worry even as investors deliberate how much longer equities can maintain their record run. But questions remain for investors after some major disappointments in an intense week suggested more challenges ahead. Apple dropped 3% this week after reporting lackluster earnings, weighing on the Dow Jones Industrial Average. Elsewhere in corporate earnings, regional banks as represented by the SPDR S & P Regional Banking ETF slid 7% after poor results from New York Community Bank spurred investor fears of a wider contagion. Signs of market weakness For investors, there may be more issues in the market going forward in 2024.
Persons: Stocks, Jerome Powell, Apple, Scott Rubner, Goldman Sachs, Rubner, Russell, Liz Ann Sonders, Charles Schwab, CNBC's, Sonders, Lehman, Raymond James, Josh Beck, James McCann, Abrdn, McCann, Rhys WIlliams, Williams, it's, Art Hogan, They're, Hogan, Estee, Eli Lilly, Ralph Lauren, Rowe Price, Philip Morris Organizations: Meta, Dow Jones, Regional Banking, New York Community Bank, Bank, Microsoft, Nvidia, Apple, Markets, Wayve Capital Management, Riley, Atlanta, PMI, Simon Property, Companies, Tyson Foods, Semiconductor, Caterpillar, Prudential Financial, Ford Motor, Enphase Energy, GE Healthcare Technologies, Consumer, Walt Disney Co, Wynn Resorts, PayPal, Brands, CVS Health, Hilton Worldwide, Uber Technologies, Costco Wholesale, Motorola Solutions, Expedia, Rowe Price Group, ConocoPhillips, The Hershey Co, Philip Morris International, PepsiCo Locations: China
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