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CNN —The United Nations’ human rights body (UNJHRO) has received reports of at least 13 mass graves” in the Sudanese city of El Geneina, a special envoy to the war-torn country told the UN Security Council Wednesday. The mass graves are believed to contain civilians from the ethnic Masalit tribe who were killed in attacks by the paramilitary Rapid Support Forces (RSF) and allied Arab militias, according to Sudan Volker Perthes. The Masalit tribe and other non-Arab communities in Sudan are often targeted by Arab militias, with support from the RSF, according to Human Rights Watch. At least 87 people, mostly ethnic Masalit, were discovered in a mass grave in El-Geneina’s Al-Madaress and Al-Jamarek districts in July. Last week, the United States imposed sanctions on RSF’s deputy leader Abdelrahim Dagalo for human rights violations after a series of CNN investigations exposed the group’s brutal war strategies.
Persons: Sudan Volker Perthes, Perthes, Geneina’s, Abdelrahim Dagalo Organizations: CNN, United Nations, UN, Rapid Support Forces, Representative, Sudanese Armed Forces, SAF, Human Rights, UN Human Rights, International Organization for Migration Locations: Sudanese, El, Sudan, El Geneina, Darfur, United States, country’s, Khartoum, Omdurman
The UAW can strike in a few ways, but typically, members have gone on strike against just one of the three Detroit automakers rather than all three at once. "We're going to hit where we need to hit and when we need to hit, we're going to hit to move mountains." If the UAW cuts off the Detroit auto companies' precious money-making factories, that could have a broader impact. AdvertisementAdvertisementIf the UAW strike takes down Detroit 3 production, that will impact the hundreds of suppliers that provide parts to these companies. Suppliers struggled after the last UAW strike, during which workers halted production at GM for 40 days.
Persons: Stellantis, Shawn Fain, Fain Organizations: United Auto Workers, Service, Ford, General Motors, Detroit, GM, UAW, Suppliers Locations: Wall, Silicon, Mexico, Detroit
CNN —The swift conviction of Donald Trump’s former trade adviser Peter Navarro for contempt of Congress sent two warnings to the multiple co-defendants in the ex-president’s approaching criminal trials. The second is that loyalty to Trump can be hazardous and often gets those who show it cross-wise with the law. Navarro, for example, who is is unrepentant and a true Trump believer, pledged to appeal based on executive privilege issues. (A CNN poll released Thursday found no clear leader in a hypothetical matchup between Biden and Trump.) Up until now, Trump associates often paid a heavy price for falling afoul of the law while their leader escaped.
Persons: Donald Trump’s, Peter Navarro, Trump, Navarro, He’s, , , Steve Bannon, Trump’s, Fani Willis, Willis, Yuscil Taveras, Taveras, Tavares, Jack Smith, Karen Friedman Agnifilo, , you’ve, , Walt Nauta, Carlos de Oliveira, Mark Meadows, Meadows, he’ll, Rudolph Giuliani, Giuliani –, Giuliani, CNN’s Kaitlan Collins, Paula Reid, Bannon, Allen Weisselberg, Michael Cohen, It’s, Paul Manafort, Robert Mueller’s, Michael Flynn Organizations: CNN, White House, Republican House, Trump, GOP, Central ”, White, New York, Giuliani, Trump Organization, Biden Locations: Washington ,, Georgia, Florida, Fulton County, Lago, North Carolina, Meadows, Bedminster , New Jersey, Congress, Russia, Washington
But according to some industry experts, it’s not too early to start thinking about – and perhaps even booking – next year’s trip. But Keyes generally advises travelers not to necessarily hit that purchase button as soon as an airline opens up a flight for booking. “While it’s relatively common knowledge that last-minute fares are expensive, what’s far less known is that it’s also possible to book flights too early,” he says. From the hospitality industry perspective, advance booking can help hoteliers and other businesses adjust staffing, pricing and other factors to offer a better experience. While Cabutti of JW Marriott Venice Resort & Spa acknowledges that “the early booking trend results in higher room rates,” it also enables businesses to better meet guests’ needs.
Persons: it’s, they’ve, ” Dino Triantafillou, Triantafillou, ” Triantafillou, Cristiano Cabutti, “ We’re, ” Cabutti, , Stephanie Bias, Camp Aramoni, , , Scott Keyes, ” Keyes, Keyes, Sally French, you’re Organizations: CNN, Labor, CNN Travel, Global, JW Marriott, Marriott, SDI, US State Department, Centers for Disease Control Locations: Italy, Tonica , Illinois, United States, Madrid, Santorini, Europe, Asia, Hopper’s, Saharan Africa, JW, Venice
CNN —After roaring higher for most of this year, the rally in tech stocks sputtered in August as investors grew increasingly worried about how long the Federal Reserve will keep interest rates high. Strong economic data in recent months has investors betting that the Fed will keep interest rates higher for longer. Higher yields also mean companies will need to pay more interest on their debt in the future, eating into future cash flows. Sustained, lofty yields could particularly pose a problem for tech stocks, which often trade at a premium because of the promise of rapid growth. Any sell-off in tech could reverberate across the broader market, since those stocks are largely responsible for propelling this year’s rally.
Persons: Ivana Delevska, Spear, Bryan Mena, CNN’s Gregory Wallace, Julie Hedrick, “ We’re, Read Organizations: CNN Business, Bell, CNN, Federal Reserve, Treasury, Nvidia, Devices, Marvell Technology, Gross, Commerce, American Airlines, Association of Professional, Airline
Also in the Senate, California’s Dianne Feinstein, 90, has been ill and displayed apparent cognitive decline in public in recent months. But given that Biden, McConnell and Feinstein are public officials, voters are entitled to a high level of transparency. Biden, for instance, would be 86 by the time his second term ends, which represents his biggest vulnerability in the 2024 election. Remarkably, in an age where major questions divide on party lines, 69% of Democrats shared that view. Should Biden, if he wins a second term, experience a similar moment to McConnell, questions about the continuity of US leadership would reverberate around the world and offer openings for US adversaries.
Persons: Mitch, , Joe Biden, Donald Trump, California’s Dianne Feinstein, Feinstein, , Strom Thurmond, Robert Byrd of, Biden, McConnell, Jonathan Reiner, CNN’s Erica Hill, , Reiner, Trump, Karine Jean, Pierre, CNN’s Jake Tapper, Tapper, Jean, Nikki Haley, – Trump, Haley, Kamala Harris, Harris, ” Haley, Nancy Pelosi, Steny Hoyer, Ruth Bader Ginsburg, they’ve, Sen, Shelley Moore Capito, CNN’s Manu Raju, John Thune, McConnell “, Jim Banks, CNN’s Raju, Sprightly Iowa GOP Sen, Chuck Grassley, who’s Organizations: CNN, Kentucky Republican, Senate, George Washington University, United States Senate, Associated Press, White, White House, Former South Carolina Gov, GOP, Republicans, Biden, Fox News, Democratic, Supreme, Labor, West Virginia Republican, Republican, prudential, Indiana, Sprightly Iowa GOP, California Democrat, Capitol Locations: Kentucky, South Carolina, Robert Byrd of West Virginia, Rehoboth Beach , Delaware, Ukraine, Washington, Dakota, Sprightly Iowa, California, It’s
Americans are getting a little worried about inflation
  + stars: | 2023-08-29 | by ( Bryan Mena | ) edition.cnn.com   time to read: +3 min
Washington, DC CNN —Americans felt more pessimistic about the economy in August, following two straight months of growing confidence. That would make it extremely hard for the Fed to bring inflation back down to 2%. Consumer attitudes are sometimes a bellwether for spending, which is mainly what economists focus on since consumer spending accounts for about two-thirds of economic output. That’s because the US economy’s strength might not be consistent with 2% inflation, the Fed’s inflation goal. But both the economy and job market also remain on strong footing, and that’s helping to keep inflation elevated.
Persons: , Dana Peterson, , Jerome Powell Organizations: DC CNN, Conference Board, Labor, University of, Federal Reserve, Fed, Street, Kansas City, Atlanta Fed, Commerce Department Locations: Washington
China's economy is stumbling, but financial markets don't indicate that it will lead to a systemic crisis. After a first-quarter bounce, China's economic rebound from zero-COVID policies has been disappointing, with factories and consumers slowing down. But Gave cited other indicators that present a different take on the Chinese economy. Gave also pointed out that iron ore prices, which are sensitive to China's economy, have jumped 50% from their October 2022 low. AdvertisementAdvertisement"That is not to deny that China's economy faces genuine challenges or that Chinese economic growth is slowing, cyclically and structurally," he concluded.
Persons: Louis, Vincent, Vincent Gave, Beijing's Organizations: Service, Financial Times, FTSE, US, Ferrari Locations: Hong Kong, Wall, Silicon, China, Beijing, FTSE China
Two days after a gunman killed three Black people at a Dollar General store in Jacksonville, Fla., in a racially motivated attack, and as grief and anger reverberated through the community, new details about the gunman’s writings and the timeline of events continued to emerge. On Saturday, the gunman, identified by the authorities as Ryan Christopher Palmeter, 21, from neighboring Clay County, used an AR-15-style rifle that bore swastika markings to kill two shoppers and an employee before killing himself. At the time of the shooting, his family found a last will and testament and a suicide note in his bedroom as part of more than 20 pages of racist writings, Sheriff T.K. Waters of the Jacksonville Sheriff’s Office said over the weekend. On Monday, ABC News, citing a transcript of an F.B.I.
Persons: Ryan Christopher Palmeter, Sheriff T.K, Waters, Sherri E, Organizations: Jacksonville Sheriff’s, ABC Locations: Jacksonville, Fla, Clay County
Ripple effects from international incidents also affect the US emergency kit market. “More people are thinking about (emergency preparedness) and those that always have been are spending more.”Federal data backs it up. Many experts say while buying emergency kits might be helpful, the most important preparedness actions will not hurt your wallet. Patrick T. Fallon/AFP/Getty ImagesCrager warns people who choose to purchase extensive disaster kits should not be lulled into a false sense of security. It’s one of the most important steps we can take.”For more information on FEMA disaster preparedness recommendations, visit www.ready.gov.
Persons: , Trevyn Reese, Reese, Hilary, Bryan Woolston, Joel Stuart, , Christian Schauf, Stuart, Lea Crager, FEMA’s, you’re, Patrick T, Fallon, ” Schauf, , Jeff Schlegelmilch Organizations: New, New York CNN, Federal Emergency Management Agency, Ready, Hardware, Walmart, Tropical, Reuters Sirius Survival, Supply, Amazon, Sirius, Norfolk Southern, Federal, Preparedness Survey, FEMA, Getty, National Center for Disaster Preparedness, Columbia University Locations: New York, California, Cathedral City , California, Hawaii, Norfolk, East Palestine , Ohio, North Korea, United States, Russia, Ukraine, Lahaina , Hawaii, AFP, www.ready.gov
Morning Bid: Jitters mount as Powell retakes centre stage
  + stars: | 2023-08-25 | by ( ) www.reuters.com   time to read: +2 min
Any hints about the Fed's rate outlook are sure to reverberate across asset classes. Stock markets around the globe slid as nerves grew, with Wall Street taking a tumble overnight and Japan's Nikkei (.N225) dropping 2% in the Asian morning. Stoxx 50 futures didn't offer much hope for the coming day after Europe's benchmark (.STOXX) drooped on Thursday. The pristine U.S. resiliency story took a hit earlier this week after surveys showing dismal business activity shook confidence. Reuters GraphicsFed officials squeezed in some final public comments before the boss's speech: Philadelphia Fed President Patrick Harker leaned towards holding policy steady for the rest of the year, while Boston Fed President Susan Collins kept the door open for additional hikes.
Persons: Brigid Riley, Jerome Powell, Jackson, drooped, Patrick Harker, Susan Collins, Christine Lagarde, Kevin Buckland, Edmund Klamann Organizations: Silicon Valley Bank, Credit Suisse, REUTERS, Staff, Japan's Nikkei, Thursday, Fed, Reuters Graphics, Philadelphia Fed, Boston Fed, Thomson Locations: Frankfurt, Silicon, Germany, U.S, Sweden
No evidence has been presented that points to the involvement of the Kremlin or Russian security services in the crash. Nemtsov’s death came two days before he was set to lead an opposition rally in the Russian capital. Alexander PerepilichnyyOver the years, suggestions have emerged of the possible use of a rare plant poison in the death of Russian financier Alexander Perepilichnyy. ANDREY SMIRNOV/AFP/AFP/Getty ImagesRussian lawyer Sergei Magnitsky died in a Russian prison in 2009. The most prominent voice of dissent in Putin’s Russia, the lawyer, politician and corruption activist for years orchestrated massive street protests.
Persons: Yevgeny Prigozhin’s, Wagner, , Bill Browder, “ Putin, Boris Nemtsov, Boris Yeltsin, Ilya Yashin, Nemtsov, Vladimir Putin, , Nemtsov’s, Boris Berezovsky Boris Berezovsky, Warrick Page, Boris Berezovsky, Putin, Berezovsky, Alexander Perepilichnyy, Perepilichnyy, Sergei Magnitsky, ANDREY SMIRNOV, Magnitsky, Browder, Alexander Litvinenko Alexander Litvinenko, Alexander Litvinenko, Litvinenko –, Robert Owen, Putin “, Litvinenko, Marina Litvinenko, Anna Politkovskaya, JENS SCHLUETER, Lom, Ali Gaitukayev, Politkovskaya, Chechen Republic …, ” Drownings, Prigozhin, Gennady Lopyrev –, , Lopyrev, Pyotr Kucherenko, Pavel Antov, Vladimir Budanov, Budanov, Alexander Buzakov, Anatoly Gerashchenko, Ravil Maganov, Lukoil, Maganov “, Alexey Navalny, Navalny, Mikhail Khodorkovsky, Sergei Skripal, Skripal, Yulia Organizations: CNN, Kremlin, Getty, Republican Party of Russia, Party, Newsweek, of Justice, Royal Botanic, AFP, Getty Images, Hermitage Capital, KGB, Authorities, The, Protect Journalists, RIA Novosti, Russia’s, Science, Higher Education, Gazprom, Lukoil, Reuters, Moscow Aviation Institute, TASS, Putin’s United, Locations: Russia, Boris Nemtsov Russian, AFP, Moscow, Ukraine, Russian, London's, Europe, England, Soviet Union, Britain, Surrey, London, Kew, American, Chechnya, Leipzig, Germany, The New York, Chechen Republic, Washington, Gelendzhik, , Cuba, India, Putin’s Russia, Putin’s United Russia, United States
China's economy is facing headwinds ranging from an unstable property market to weak consumer demand. Experts told Insider that a worsening scenario in China bodes poorly for global markets and other economies like the US. "As its economy continues facing downward pressures, its growth momentum might slow down further, in turn exacerbating the already significant pressures that the global economy is facing." One way this is already being felt is in the softening of Chinese demand, which has led to a sharp drop in trade. And as the housing crisis deepens, it will become harder to China to right the ship, creating a lasting drag on future global growth.
Persons: Janet Yellen, Joe Biden, Xi Jinping, Evergrande, Alfredo Montufar, Helu, Keith Hartley, Hartley, Noah Sheidlower, Dexter Roberts, David Roche, they're, Roche Organizations: Service, Privacy, China, Country Garden Holdings, China Center, Conference Board, Federal Reserve, Atlantic Council, Housing, Independent, CNBC Locations: China, Wall, Silicon, U.S
“I don’t think anything fazes us,” said midfielder Ella Toone, who scored England’s first goal before halftime. In their early matches, the Lionesses relied on strong defense and Earps’s steady goalkeeping as they struggled to score. Bronze referred back to England’s 2-1 quarterfinal win against Colombia, when the Lionesses fell into an early deficit in front of another crowd that also heavily favored their opponent. The carnal release inside the stadium after Kerr’s goal was at a different level. The only way through, England knew, was to stick to the game plan, and hold its nerve.
Persons: , Ella Toone, England’s, “ We’ve, we’ve, Kerr —, Jess Carter, Wiegman, Kerr, Earps Organizations: Colombia Locations: England
Jeonga’s narration is sharp and witty and a touch sly as she describes her present, disembodied state — the in-between, purgatory-like space her consciousness now occupies — as well as the events that led to her death. A few days before her death, Jeonga is living in an apartment in Seoul when her 110-year-old sister, Mina, receives a letter from Ohio, prompting them and their 108-year-old sister, Aera, to travel there to prevent secrets, hidden for generations, from being revealed. Along their journey — filled with darkly humorous bickering, worrying over anti-aging skin care and designer clothes, and their competitiveness about their children’s accomplishments — the sisters reveal how their fourth sister Seona’s disappearance from their lives 89 years earlier has affected them in different ways. “Seona is the only one who lived the way she wanted,” Mina says, “the happiest of us all.” But Jeonga has “never gotten over how Seona herself and her daughter had not come south during the Korean War,” Han writes. The consequences of Seona’s decision reverberate for generations, beginning with their businessman father’s premature death six months later.
Persons: Jimin, Brown, Jeonga, Mina, , Seona, ” Mina, ” Han, father’s Locations: South Korea, United States, Seoul, Ohio
"I think it really brings home that shift being a regime shift rather than a cyclical one," Katimbo-Mugwanya said. S&P said the assumption that governments would prioritise servicing debt over spending promises had rarely been tested at such high debt levels. For now, despite the steepest increases in borrowing costs in decades, investors still see little risk in holding governments' longer-term debt. POLICY WATCHGreater focus on longer-term risks should bring scrutiny of government policies. Still, with higher debt an economic reality, few governments are left with the coveted AAA rating.
Persons: Brendan McDermid, Fitch, David Katimbo, Mugwanya, Bill Ackman, Moritz Kraemer, Fichan, Kraemer, Kshitij Sinha, Martin Lenz, LBBW's Kraemer, Yoruk Bahceli, Davide Barbuscia, Tomasz Janowski Organizations: New York Stock Exchange, REUTERS, AAA, Financial, Fitch, EdenTree Investment Management, P Global, LBBW, European Union, European Commission, European Central Bank, Syz, New York Fed, Life Asset, Union Investment, Thomson Locations: New York City, U.S, United States, Japan
But Steve Moore believes the economy still looks "very fragile". Inflation is still sapping poorer Americans' purchasing power, he told Fox Business Wednesday. Top economist Steve Moore is urging caution, though – warning the economy is not as robust as it seems. Moore sees high food and energy prices as the main threat to the economy's health, ahead of July's Consumer Price Index report, set to be released Thursday. Other economists, such as Nobel laureate Paul Krugman, believe massive food inflation has been driven by Russia's invasion of Ukraine, rather than Biden's fiscal policies.
Persons: Steve Moore, Moore, Paul Krugman, Vladimir Putin, Krugman Organizations: Fox Business, Service, Federal Reserve, Heritage Foundation, July's, Biden, New York Times Locations: Wall, Silicon, Ukraine, Russia
Too Short’s Long (and Very Raunchy) Life in Rap
  + stars: | 2023-08-09 | by ( Tom Breihan | ) www.nytimes.com   time to read: +4 min
It’s a lesson rap has never forgotten — and only one among many it learned, in large part, from this rapper. To understand Too Short’s influence, it’s useful to consider that he found national success at a moment when rap still seemed like it might head in a very different direction. As his records crept across the country, another Oakland rapper took off like a rocket. MC Hammer was Too Short’s opposite: glitzy, energetic and so family-friendly that he had his own Saturday-morning cartoon. This failure didn’t bother Too Short: “I understand why they didn’t get it,” he says of New Yorkers.
Persons: , , Snoop Dogg, P’s, Young Jeezy, Gucci Mane’s, Hammer, wouldn’t, tourmates, Dre, 2Pac, , ” Weiss, Wu, Tang Organizations: Oakland, East Coast, Yorkers Locations: UGK, Oakland, York, Coast
It was wonderful to have ‘Spider-Verse’ going on in the next room so we could point to it and say, ‘Look, they’re doing it. We can do it too, right?’”Films like “Into the Spider-Verse,” and those that have followed in its footsteps, blend animation techniques that are common in 3-D computer-generated movies with those that were commonplace in the 2-D hand-drawn animation that preceded it. It’s not just that the images are less photorealistic, the movements of the characters are as well. The results are more broadly impressionistic in the ways that Looney Tunes cartoons, Disney classics or decades of anime have been. “The Last Wish,” directed by Joel Crawford, is linked to the era of animation dominated by C.G.I.
Persons: Rianda, It’s, , , Joel Crawford, Crawford, ” Crawford Organizations: Disney, C.G.I, DreamWorks
It's the costliest time to borrow money as interest rates now stand at 5.5%. Commercial real estate has been particularly damaged by the Fed's rate-hiking campaign. Defaults on commercial real estate loans have hit their highest levels since December 2021. The combination of workers unwilling to return to the office, coupled with the highest interest rates in 22 years, has spelled misery for the sector over the last 18 months. Commercial real estate has been particularly troubled by the Fed's aggressive hiking campaign, which has pushed up interest rates sharply since spring 2022.
Persons: Trepp, Kiran Raichura, we've, it's Organizations: Service, Capital Economics Locations: Wall, Silicon, delinquencies
And he’s not just any former president – Trump’s the front-runner for the GOP nomination, whom polling shows is closely matched with President Joe Biden in a hypothetical rematch. “The lawlessness of these persecutions of President Trump and his supporters is reminiscent of Nazi Germany in the 1930s, and other authoritarian, dictatorial regimes,” it said. Trump’s congressional Republican backers ignored Smith’s evidence, branding the indictment an attempt to distract from questions they’ve raised about the business activities of the current president’s son, Hunter. The political inferno ignited by the indictment will raise questions about whether such an ordeal is truly in the national interest. Ron DeSantis stands to gain in the GOP primary from any eroding of Trump’s political prospects.
Persons: CNN —, Donald J, Trump ”, , , Joe Biden, George Washington, Jack Smith’s, Trump, President Trump, they’ve, Hunter, Smith, insurrectionists, , Biden, they’d, Scott Jennings, Karen Friedman Agnifilo, Mike Pence, it’s, ” Smith, ” George Conway, John Lauro, , Jeffrey Clark, ” Clark, Pence, Trump’s, Ron DeSantis, Kevin McCarthy, Wyoming Sen, John Barrasso –, weaponizing, Chris Sununu, who’s Organizations: CNN, GOP, Trump, Biden, Department, Republicans, New York Times, Siena, Justice Department, Republican, White House, Trump thickens, White, Justice, Florida Gov, Harvard Law, US Navy, Capitol, New Hampshire Republican Gov Locations: United States, America, Washington, Manhattan, Nazi Germany, Fulton County , Georgia, Wyoming
Morning Bid: Will August retain July's heat?
  + stars: | 2023-07-31 | by ( Stephen Culp | ) www.reuters.com   time to read: +2 min
August 1 (Reuters) - A look at the day ahead in Asian markets from Stephen Culp, financial markets journalist. Asian stocks have closed the books on a July that ran fairly hot, and not just with respect to temperatures. On Tuesday, Australia's central bank is expected to follow in the footsteps of its global peers by hiking its policy rate by 25 basis points. Both reports should provide further clarity on the effects of the Federal Reserve's restrictive monetary policy on the world's largest economy. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Stephen Culp, Wall, Deepa Babington Organizations: CSI, Asia Pacific, Nikkei, China PMI, Bank of Japan's, Caterpillar, Institute for Supply, Labor, Reserve Bank of, Global, PMI, Thomson, Reuters Locations: Japan, China, Australia's, United States, India, Korea
Ever since the coronavirus pandemic decimated subway ridership in New York City, the Metropolitan Transportation Authority has resisted raising the price of a ride out of fear that even more people would abandon mass transit. But after years of financial uncertainty, the authority now intends to balance its budget, and to do so, it wants to raise the base fare for subway and bus trips for the first time in eight years, to $2.90 from $2.75 by late August. On Wednesday, the M.T.A.’s board is widely expected to vote to approve the proposed fare increase. The decision will almost certainly reverberate across the United States, where transit systems of every size have experienced steep and lingering losses as many white-collar commuters continue to work from home at least part of the time. A May 2023 survey by the American Public Transportation Association found that larger cities have been hit especially hard — 71 percent of transit agencies with budgets greater than $200 million are predicting shortfalls in their operating budgets.
Organizations: Metropolitan Transportation Authority, American Public Transportation Association Locations: New York City, United States
What is the Naadam festival? “Naadam means ‘games’ in the Mongolian language and it includes three main competitions, Mongolian wrestling, archery and horse racing,” he explains. The Naadam games took place virtually for two years, from 2020-2021, because of the pandemic. Kyodo/APIn addition to the major festivities held in Ulaanbaatar, there are Naadam games – of different scales – held across Mongolia in the countryside. A female archer strikes a pose at a small Naadam festival at the Three Camel Lodge in Mongolia's Gobi Desert in 2019.
Persons: Genghis Khan, Here’s, Naadam, It’s, , “ Naadam, Genghis, Barry Lewis, , Yesunge, Tessa Chan, Alison Wright, David, Goliath, Wu Hong Organizations: CNN, Manly Games, Nomadic Expeditions, , UNESCO, Intangible, Heritage, Humanity, South China Morning, Mongolian Government, Mongolian, Mongolia, Archery, Kyodo, AP, Archery Field, Shutterstock Locations: Mongolia, gers, Mongol, Ulaanbaatar, Uliastai, Western Mongolia, South, Mongolian, Australia, New Zealand, Ulaanbataar
US stocks finished higher on Monday as fears of a US recession eased on Wall Street. The odds of a recession in the next 12 months have fallen to 20% from 25%, Goldman Sachs said. Big Tech earnings begin Wednesday, when Tesla and Netflix report after the close. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Goldman Sachs said the odds of a recession in the next 12 months have fallen to 20% from 25% earlier.
Persons: Goldman Sachs, Tesla, Janet Yellen Organizations: Big Tech, Netflix, Service, Bank of America, Bloomberg Locations: Wall, Silicon
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