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☆ Treasury yields fall as investors digest Powell comments
▼ + stars: | 2024-07-16 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the yield on the 10-year Treasury was down by over three basis points to 4.1983%. The 2-year Treasury yield was last more than one basis point lower to 4.4404%. U.S. Treasury yields were lower on Tuesday as investors weighed comments from Federal Reserve Chairman Jerome Powell on the outlook for the economy and interest rates. On Monday, Powell said the central bank will not wait until inflation has reached its 2% target rate before cutting interest rates. Powell, however, said the Fed is still looking for "greater confidence" that inflation will return to 2%.

Persons: Jerome Powell, Powell Organizations: Treasury, U.S, Federal, Traders

☆ SpaceX Falcon 9 rocket fails during routine mission
▼ + stars: | 2024-07-12 | by ( Jackie Wattles | ) edition.cnn.com time to read: +3 min

The launch vehicle carried 20 satellites for SpaceX’s Starlink network, which already operates via more than 6,000 satellites that have been deployed via dozens of launches. “During tonight’s Falcon 9 launch of Starlink, the second stage engine did not complete its second burn. As a result, the Starlink satellites were deployed into a lower than intended orbit,” according to a statement from SpaceX. Musk added that the Starlink satellites were deployed into orbit, but they may be too near Earth to remain there for long. It’s not clear what this mishap means for the future of SpaceX’s Falcon 9.

Persons: CNN —, Elon Musk, ”, ” Musk, Jared Isaacman Organizations: CNN, Falcon, NASA, Vandenberg Space Force, SpaceX, International Space, Federal Aviation Administration Locations: California

☆ Costco unexpectedly sold out of chickens this week — 22-inch garden statue roosters, that is
▼ + stars: | 2024-07-12 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

It's often said that you can buy anything at Costco, and that includes 22-inch chicken statues. A comically proportioned steel garden chicken has apparently struck a chord with Costco shoppers. The $38 product unexpectedly sold out online, leaving some Costco fans feeling left out. AdvertisementIf there are two things Costco is well known for, it's finding items you didn't know you wanted, and selling a lot of chickens. This week, those two things converged — in a way — when the company unexpectedly sold out of a 22-inch tall garden statue of a rooster.

Persons: It's, — Organizations: Costco, Service, Business

☆ A Hit-and-Run Driver Killed My Dog. The Penalty? Maybe a $100 Fine.
▼ + stars: | 2024-07-12 | by ( Ginia Bellafante | ) www.nytimes.com time to read: +2 min

So when he turned 4, a Havanese puppy entered our lives as surely as a box of Duplos. The runt of her litter, Chicky was also heterochromatic — she had one blue eye and one brown one. Our regular dog walker was recovering from surgery, so her husband, who was filling in, had taken Chicky and two other dogs to the park that day. The other dogs were fine, but Chicky bore the impact of the recklessly handled Jeep and died almost instantly. Cars had been getting bigger and bigger, drivers seemed to become more and more unhinged and Chicky remained small, vulnerable, low to the ground.

Persons: Chicky, —, Minerva Organizations: Rhode Locations: Labrador, Brooklyn, Rhode Island

☆ Gold eases, but set for weekly gain on Fed rate cut bets
▼ + stars: | 2024-07-12 | by ( ) www.cnbc.com time to read: +2 min

Gold prices edged lower on Friday, but were headed for a third straight week of gains as cooler-than-expected U.S. inflation data boosted hopes of the Federal Reserve cutting interest rates in September. Gold prices edged lower on Friday, but were headed for a third straight week of gains as cooler-than-expected U.S. inflation data boosted hopes of the Federal Reserve cutting interest rates in September. "Inflation outlook and interest rate picture have moved in favor of gold this week. As we move closer to a lower interest rate environment, conditions could be ripe for gold to set new record highs before the year is out," said Tim Waterer, KCM Trade's chief market analyst. Lower interest rates reduce the opportunity cost of holding non-yielding bullion.

Persons: Tim Waterer, KCM, Mary Daly, Austan Goolsbee, Waterer Organizations: Federal Reserve, San Francisco Fed Bank, Chicago Fed Bank Locations: U.S

☆ Unexpected bad news for inflation: Wholesale prices rose in June
▼ + stars: | 2024-07-12 | by ( Alicia Wallace | ) edition.cnn.com time to read: +2 min

CNN —Wholesale price inflation unexpectedly accelerated in June to its highest rate since March 2023. That’s an unwelcome development for the US economy one day after the government announced that consumer prices declined on a monthly basis for the first time in four years. On a monthly basis, prices rose 0.2% after holding flat in May. Economists had expected that prices would increase 0.1% on a monthly basis and hold steady at 2.2% annually. Prices dropped on a monthly basis for the first time since May 2020, and annual inflation slowed to 3%, its slowest rate since June 2023.

Persons: That’s, Price, ” Clark Bellin, Bellin Organizations: CNN —, of Labor Statistics, PPI, Federal Reserve

☆ Volatile yen keeps markets on edge as intervention risks swirl
▼ + stars: | 2024-07-12 | by ( ) www.cnbc.com time to read: +4 min

A sheet of newly-designed Japanese 10,000 yen banknotes at the National Printing Bureau Tokyo plant in Tokyo, Japan, on Wednesday, June 28, 2023. The Japanese currency swung between gains and losses in early trading before trading slightly weaker. It spiked nearly 3% to as high as 157.40 immediately after the consumer inflation report on Thursday. "Currency interventions should certainty be rare in a floating rate market, but we'll need to respond appropriately to excessive volatility or disorderly moves," Kanda said. Tokyo intervened at the end of April and in early May, spending roughly 9.8 trillion yen ($61.55 billion) to support the currency.

Persons: Masato Kanda, Kanda, It's, Siong Sim, Charu Chanana, Matt Simpson, Menon, Donald Trump, Sterling Organizations: National Printing Bureau, Asahi, Nikkei, Bank of Singapore, U.S, CPI, Saxo, Federal Reserve, City, Traders, Presidential, Trump Locations: National Printing Bureau Tokyo, Tokyo, Japan, U.S

☆ China's imports unexpectedly drop in June, but exports beat forecasts
▼ + stars: | 2024-07-12 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

Cfoto | Future Publishing | Getty ImagesBEIJING — China's imports fell in June, missing expectations for slight growth, while exports rose more than expected, customs data released Friday showed. China's imports fell by 2.3% in June from a year ago in U.S. dollar terms. Those figures lifted year-to-date imports by 2%, and exports by 3.6% in the first six months compared with the same period a year earlier. watch nowEU's trade with China fell in the first six months of 2024, with imports and exports both declining. China's trade with the U.S. was down slightly in dollar terms during the first half of the year, as imports from the U.S. fell 4.9%, though exports rose 1.5%.

Organizations: Getty, BEIJING, U.S ., Association of Southeast Asian Nations, European Union, U.S Locations: Qingdao, Shangdong, China, U.S, Brazil

☆ France’s Emmanuel Macron urges new mainstream coalition, appearing to rule out working with the far left
▼ + stars: | 2024-07-11 | by ( Christian Edwards | ) edition.cnn.com time to read: +4 min

Macron said it was “in light of these principles” that he will decide on the appointment of France’s next prime minister. The NFP won 182 seats in the National Assembly, making it the largest group in the 577-seat parliament. In a victory speech Sunday evening near Stalingrad Square in Paris, he said Macron “has the duty” to ask the NFP to form a government. Jean-Luc Mélenchon (right), leader of the far-left France Unbowed party, celebrates the second-round results at a rally in Paris, July 7, 2024. French Prime Minister Gabriel Attal’s offer to resign was on Monday rejected by Macron, leaving him in place in a caretaker role until the new government is formed.

Persons: Emmanuel Macron, Macron, Marine Le, ”, France’s, Jean, Luc Mélenchon, France Unbowed, Mélenchon, Macron “, Thomas Padilla, Gabriel Attal’s, ” Macron Organizations: CNN, National Assembly, Marine, Front, NFP, Ensemble, France Unbowed, Socialist, AP, Macron, Olympic Locations: gridlock, Sunday’s, France, Stalingrad, Paris, Italy, Germany

☆ Your bank is about to reveal key information about the US economy’s health
▼ + stars: | 2024-07-11 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

Dave Sekera, chief US market strategist at Morningstar, says that he’s watching for insights on banks’ delinquency rates. Consumers have increasingly fallen behind on or missed payments in recent months as they get squeezed by high interest rates. But banks could see higher losses compared to 2023 if the economy were to experience a downturn, the Fed warned. Investors are wagering that the central bank will begin easing rates as soon as September, according to the CME FedWatch Tool. “The worst outcome for all of us is what you call stagflation: higher rates and recession,” Dimon said in an interview with CNBC.

Persons: Wells Fargo, Goldman Sachs, Dave Sekera, Stocks, JPMorgan Chase, Jamie Dimon, Dimon, Matt Egan, it’s, ”, Joe Brusuelas, Mark Zandi, ” Zandi, “, Jerome Powell, Erika Tulfo, “ It’s, Neil Saunders, Abrigo, Gen Organizations: CNN Business, Bell, New York CNN, United, United States ’, JPMorgan Chase, Citigroup, Bank of America, Morningstar, Federal Reserve Bank of New, Fed, Federal Deposit Insurance Corporation, JPMorgan, CNBC, Federal, RSM, “, Moody’s, CNN, GlobalData, Apple Locations: New York, United States, Federal Reserve Bank of New York, China

☆ NASA astronauts describe flight aboard Boeing's glitching, leaking Starliner spaceship
▼ + stars: | 2024-07-10 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

Read previewNASA astronauts Suni Williams and Butch Wilmore have been on the International Space Station way longer than they'd planned. The duo flew into space aboard Boeing's Starliner spaceship, testing it out as its first-ever human passengers, on June 5. Boeing's Starliner spaceship, which Williams and Wilmore flew on, docked to the space station 262 miles above Egypt. Still, when it came time to dock to the space station, where there were only a few inches of room for error, the spaceship did the job. It's been flying people to and from the space station ever since.

Persons: —, Suni Williams, Butch Wilmore, They've, Williams, Wilmore, he's, Starliner, We've, It's, we've Organizations: Service, NASA, Business, Boeing, ISS, Boeing troubleshoot, Wednesday, Engineers, SpaceX Locations: Egypt, New Mexico, Wilmore

☆ I was laid off unexpectedly with a baby at home. As a single parent, I was devastated, but it was a blessing in disguise.
▼ + stars: | 2024-07-10 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +6 min

Read previewThis as-told-to essay is based on a conversation with Angelica Miller, a 31-year-old recruiter from Arizona who was recently laid off. I knew that being a single mom would be tough, but I was determined to create a stable home for my son no matter what. I'd been working as a recruiter for an equipment rental company for only a few months when I found out I was pregnant, and I was grateful that they were so supportive. AdvertisementI was absolutely devastated when I was laid offOne morning, my boss pinged me to have a quick chat. If you were unexpectedly laid off and want to share your story, please email Tess Martinelli at tmartinelli@gmail.com.

Persons: —, Angelica Miller, It's, he'd, I'd, pinged, Tess Martinelli Organizations: Service, Business, LinkedIn Locations: Arizona, tmartinelli@gmail.com

☆ Dollar firm on Powell caution, kiwi bides time before rates decision
▼ + stars: | 2024-07-10 | by ( ) www.cnbc.com time to read: +3 min

The New Zealand dollar edged higher ahead of the central bank's rate decision, with traders on alert for any signals on the timing for policy easing. In the first day of his testimony to Congress overnight, Powell said a rate cut is not appropriate until the Fed gains "greater confidence" inflation is headed toward the 2% inflation target. Traders lay about 73% odds for a rate cut by September, slipping from 76% a day earlier. New Zealand's kiwi added 0.1% to $0.6131, but staying mostly flat this week after pulling back sharply from Monday's three-week high of $0.6171. "If they do, financial markets could fully price the first RBNZ rate cut in October, from November at present," spurring a retreat in the kiwi to NZ$1.1031 per Aussie dollar, she added.

Persons: Jerome Powell, Powell, Taylor Nugent, Kristina Clifton Organizations: Federal, New Zealand, Fed, Traders, National Australia Bank, Reserve Bank of New, Commonwealth Bank of Australia, Aussie, NZ Locations: Reserve Bank of New Zealand

☆ NASA’s Boeing Starliner test flight astronauts discuss spacecraft problems
▼ + stars: | 2024-07-10 | by ( Jackie Wattles | ) edition.cnn.com time to read: +9 min

CNN —Boeing’s Starliner spacecraft and its crew have been in space for more than a month — much longer than the weeklong stay initially expected. But the two astronauts piloting this historic test mission mostly spoke favorably about the vehicle that carried them to the International Space Station, marking the inaugural crewed flight of the Boeing-built spacecraft. I mean, truly amazing,” Butch Wilmore, one of two NASA astronauts helming this mission, said in a Wednesday news briefing. The pump’s failure “put us in a position where we’d have to store an awful lot of urine,” said Dana Weigel, manager for NASA’s International Space Station Program, before the flight. SpaceX designed its cargo Dragon spacecraft years before its Crew Dragon capsule, while Boeing somewhat started from scratch with Starliner.

Persons: CNN —, there’s, Butch Wilmore, ” Wilmore, Wilmore, Hurricane Beryl, hasn’t, Williams, Steve Stich, “, ” Stich, Sunita Williams, Wilmore —, Wilmore’s, ” Williams, ”, Mark Nappi, ” Nappi, Dana Weigel, Weigel, “ I’m, Northrop Grumman, Bob Behnken, Doug Hurley, Behnken, Hurley, “ We’ve, Stich, Butch, Suni Organizations: CNN, International, Boeing, NASA, SpaceX, International Space Station, NASA’s, Space Station, Northrop Locations: New Mexico, Cape Canaveral , Florida, Williams

☆ A financial therapist helped me budget for a month. It made me stop panicking about my wedding costs.
▼ + stars: | 2024-07-10 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +6 min

A combination of wedding deposits, inflation, and my laissez-faire spending habits meant I was unexpectedly dipping into my savings. To learn how, I spoke to Amanda Clayman, a financial therapist who hosts Fresh Produce Media's Audible series "Emotional Investment." I wrote down a few ideas on how I could assess my spending habits, which Clayman approved of. It ended up reassuring me about my spending habits and helping me find small, new ways to save. I've wanted to get into a craft like pottery, where I could even make more personal gifts.

Persons: —, it'd, it'll, Amanda Clayman, Clayman, I'm, Julia Pugachevsky, recharges, Aperol spritzes, There's, I've Organizations: Service, Business Locations: New York City, Italy

☆ Political Gridlock Will Raise the Economic Stakes in France
▼ + stars: | 2024-07-09 | by ( Liz Alderman | ) www.nytimes.com time to read: +1 min

One thing was clear after France’s surprise election results on Sunday: Any new government formed by President Emmanuel Macron would face months of political paralysis. What’s less certain is whether that gridlock will tip France’s heavily indebted economy further into distress. “Uncertainty hangs over France’s future government architecture,” said the agency, which had already downgraded France’s debt rating on May 31, rattling the government, whose economic credibility has been one of its main political assets. Should the polarization of France’s new Parliament weaken the government’s ability to mend its finances, France’s debt could be downgraded again, it added. The result left no party — including Mr. Macron’s centrist coalition — with a majority and has splintered the lower house of Parliament into three bitterly antagonistic blocs.

Persons: Emmanuel Macron, ” Organizations: Rally Locations: France

☆ How Biden’s 2024 choice could reshape the Senate and Supreme Court for years
▼ + stars: | 2024-07-09 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +18 min

But recent history raises deep questions about whether Democratic Senate candidates can continue to levitate as far above the presidential ticket as polls now show. “A Democratic Senate majority coalition relies on having both Senators from a state such as Michigan,” said Daniel Hopkins, a University of Pennsylvania political scientist. As recently as the 1980s, it was common for voters to split their tickets in Senate races. Still, even that alignment left room for some Senate candidates to swim against this general tide. This history, by itself, doesn’t answer whether Democratic Senate candidates would have better prospects with or without Biden as their presidential nominee.

Persons: Joe Biden, Biden, Donald Trump, Republican Sen, Susan Collins of, Trump, Samuel Alito, Clarence Thomas, Sonia Sotomayor, ”, Democratic Sen, Evan Bayh, Bayh, “, —, Sen, Joe Manchin, who’s, Democratic Sens, Sherrod Brown of, Jon Tester, Montana, Bob Casey, Tammy Baldwin, Jacky Rosen, Elissa Slotkin, Ruben Gallego, Kyrsten, Martin Heinrich, Nella Domenici, Pete Domenici, Curtis Bashaw, Andy Kim, Bob Menendez, Rick Scott, Ted Cruz, Collins, Ron Johnson, Daniel Hopkins, — hasn’t, David Bergstein, ” Bergstein, ” Mike Berg, ” Lee Drutman, Drutman, Biden’s, ” Drutman, Democratic pollster, ” Jason Kander, Kander, Hillary Clinton, Clinton, Roy Blunt, doesn’t, ” Kander, ” Bayh, Republican Todd Young, it’s, Ronald Reagan’s, Barack Obama, Obama, Republican Dean Heller, Heller —, Steve Bullock, Jesse Hunt, Hunt, Hopkins Organizations: CNN, Senate, Democratic, Republican, White, GOP, West, Republicans, Biden, Democratic Sens, Democrats, Trump, University of Pennsylvania, don’t, Democratic Senatorial, “ Republicans, National Republican Senatorial, Democratic Senate, ”, White House, Indiana Senate, Democratic Gov Locations: Susan Collins of Maine, Indiana, West Virginia, Sherrod Brown of Ohio, Pennsylvania, Wisconsin, Nevada, Michigan, Arizona, New Mexico, New Jersey, Florida, Texas, North Carolina, — Maine, Florida , Iowa, Ohio, New America, Missouri, Southern, Maine, Iowa , Kansas , Kentucky, Montana , South Carolina

☆ French bond markets calm despite country hitting political gridlock
▼ + stars: | 2024-07-08 | by ( Matt Clinch | ) www.cnbc.com time to read: +3 min

Anadolu | Anadolu | Getty ImagesGovernment bond markets in France saw some selling early on Monday, but were fairly muted overall despite political gridlock after a second round of legislative elections. Jitters have spread through France's bond market in recent weeks. The 10-year yield topped 3.3% — a roughly 8-month high — after French President Emmanuel Macron called the snap parliamentary election in the middle of June. Meanwhile, the gap (or spread) between French bond yields and German bond yields had topped 85 basis points in recent weeks, hitting its highest level since 2012. He added that the chances of a confrontation with Brussels remained with the left-wing alliance, but not to the same extent as if the National Rally had won.

Persons: Emmanuel Macron, Emmanuel Macron's, —, David Roche, Digard, Kepler Cheuvreux Organizations: New, Republique, Anadolu, Getty, Government, European Commission, Sunday, Popular Front, Independent, National Rally, CNBC Locations: Paris, France, France's, London, Brussels

Support for left-wing parties surged unexpectedly in nationwide legislative elections on Sunday, pushing the nationalist, anti-immigration National Rally into third place. The electoral map showed enduring divisions — with Paris and its suburbs voting for the left and center, and the regions in the far north and south along the Mediterranean voting for the far right. The country’s political outlook appeared more muddled than before, with three large political blocs, each with a vastly different vision and plan for the country.

Organizations: Rally Locations: Paris

☆ France elections 2024: Voters reject far right as left-wing coalition claims surprise victory
▼ + stars: | 2024-07-08 | 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 EmailFrance elections 2024: Voters reject far right as left-wing coalition claims surprise victoryFrance's left-wing New Popular Front coalition on Sunday unexpectedly thwarted a far-right advance, clinching the largest number of seats but falling short of an absolute majority in a parliamentary run-off vote, according to initial indications.

Persons: France's Organizations: Popular Front, Sunday

☆ Euro eases on French poll gridlock, dollar sluggish after US payrolls
▼ + stars: | 2024-07-08 | by ( ) www.cnbc.com time to read: +3 min

The euro slipped on Monday after projections from France's election pointed to a hung parliament amid an unexpectedly strong showing for a left-wing alliance, spawning fresh uncertainty over the country's fiscal outlook. The euro slipped on Monday after projections from France's election pointed to a hung parliament amid an unexpectedly strong showing for a left-wing alliance, spawning fresh uncertainty over the country's fiscal outlook. The yen headed for a third day of gains after rebounding from last week's nearly 38-year trough to the dollar. The euro was 0.06% lower at $1.0827, and earlier slid as much as 0.4% as investors weighed the consequences of a hung French parliament. The dollar slipped 0.07% to 160.70 yen, down from as high as 161.96 on Wednesday.

Persons: Sterling, Emmanuel Macron's, Chris Weston, Macron, Weston, bitcoin Organizations: Federal Reserve, Labour, Conservative, New Popular Front, Le, Traders Locations: Gox

☆ Asia-Pacific markets open mixed as investors await U.S. and China inflation data
▼ + stars: | 2024-07-08 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Asia-Pacific markets opened mixed on Monday as investors awaited key economic data from the U.S. and China later this week, while election results in France overnight signaled a hung parliament. France's left-wing New Popular Front coalition on Sunday unexpectedly thwarted a far-right advance, clinching the largest number of seats but falling short of an absolute majority in a parliamentary run-off vote. Investors await the U.S. consumer price index reading, due Thursday stateside, to assess the Federal Reserve's interest rate path, while China's inflation figures on Wednesday will signal the state of the country's economic recovery. Central bank decisions from South Korea, New Zealand and Malaysia will also be announced this week, although no changes are expected, according to a Reuters poll of economists.

Persons: France's Organizations: Popular Front, Sunday Locations: Asia, Pacific, U.S, China, France, Central, South Korea, New Zealand, Malaysia

☆ France avoided a far-right election win — now the radical far-left is demanding power
▼ + stars: | 2024-07-08 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +2 min

Founder of left-wing party La France Insoumise (LFI) Jean-Luc Melenchon reacts during the election night of left-wing party La France Insoumise (LFI) following the first results of the second round of France's legislative election at La Rotonde Stalingrad in Paris on July 7, 2024. After the left-wing's election success in France on Sunday, all eyes are now on radical firebrand Jean-Luc Mélenchon who has demanded the left be given the premiership and a chance to govern following its unexpected election win. The New Popular Front (NFP) coalition — of which Mélenchon is the self-appointed figurehead — won the largest number of seats in the second round of France's snap parliamentary election. Europe had braced itself for France's far-right to win the largest number of votes in the second round of France's snap election. French President Emmanuel Macron's centrist "Together" bloc came in second with 163 seats and the far-right National Rally and its allies won 143 seats.

Persons: Jean, Luc Melenchon, Luc Mélenchon, —, Mélenchon, Emmanuel Macron's, Gabriel Attal, Mélenchon —, Hugo Chavez, he'd Organizations: France, La Rotonde, Front, NFP, France Unbowed, Socialist Party, French Communist Party, National Assembly, NATO Locations: La, La Rotonde Stalingrad, Paris, France, Europe

☆ Treasury yields rise as investors look to inflation data due in week ahead
▼ + stars: | 2024-07-08 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the yield on the 10-year Treasury was up by over 3 basis points at 4.31%. The 2-year Treasury yield also climbed more than 3 basis points to 4.633%. U.S. Treasury yields were higher on Monday as investors looked ahead to key economic data due throughout the week, including fresh inflation insights. Data released Friday showed that nonfarm payrolls increased by 206,000 in June, more than the 200,000 Dow Jones forecast. Minutes from the Fed's latest meeting published last week showed that policymakers are looking for more evidence that inflation is easing before deciding to move rates.

Persons: Dow Jones, Jerome Powell Organizations: Treasury, U.S, Federal Reserve, Dow

☆ Left-wing coalition thwarts far-right in French run-off vote
▼ + stars: | 2024-07-08 | 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 EmailLeft-wing coalition thwarts far-right in French run-off voteCNBC's Charlotte Reed discusses the French parliamentary run-off vote which saw the left-wing New Popular Front coalition unexpectedly thwart a far-right advance.

Persons: Charlotte Reed Organizations: Popular Front

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