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RIYAK, Lebanon (AP) — Britain’s top diplomat said Thursday that his country could officially recognize a Palestinian state after a cease-fire in Gaza without waiting for the outcome of what could be years-long talks between Israel and the Palestinians on a two-state solution. Israeli Prime Minister Benjamin Netanyahu, for his part, has publicly rejected the creation of an independent Palestinian state after the war, and has even boasted in recent weeks that he was instrumental to preventing Palestinian statehood. A move by some of Israel’s key allies to recognize a Palestinian state without Israel’s buy-in could isolate Israel and put pressure on it to come to the table. Hamas has so far taken the position that its leaders would not leave the enclave as part of a ceasefire deal. The plan would include Britain training Lebanese army forces to carry out more security work in the border region, he said.

Persons: — Britain’s, David Cameron, “ can’t, ”, Cameron, ” Cameron, Benjamin Netanyahu Organizations: Associated Press, Palestinian, United Nations, Hezbollah Locations: RIYAK, Lebanon, Gaza, Israel, Palestine, United, British, Britain, U.S, Palestinian, Hamas, Lebanese

WASHINGTON (AP) — A bipartisan Senate deal to pair border enforcement measures and Ukraine aid faced potential collapse on Thursday as Senate Republicans grew increasingly wary of an election-year compromise that Donald Trump, the likely Republican presidential nominee, seems likely to oppose. At stake is a plan that both President Joe Biden and Senate Republican Leader Mitch McConnell have worked for months to broker in hopes of cajoling Congress to approve wartime aid for Ukraine. “We’re at a critical moment, and we’ve got to drive hard to get this done," said South Dakota Sen. John Thune, the second-ranked Senate Republican. With Republicans continuously raise the issue on the campaign trail, the border will likely remain central to elections this year. They have argued that presidents already have enough authority to implement hardline border measures and Trump should have his say.

Persons: Donald Trump, Joe Biden, Mitch McConnell, McConnell, “ We're, ” McConnell, Ukraine's, McConnell's, Oklahoma Sen, James Lankford, he’s, ” Lankford, “ That’s, haggling, Olivia Dalton, Biden, ” Dalton, “, we’ve, Dakota Sen, John Thune, we’ll, Trump, Connecticut Sen, Chris Murphy, didn’t, ” Murphy, ”, Sen, John Cornyn, Rick Scott, ” Sen, J.D, Vance, unquote ‘ MAGA, unquote ‘ MAGA Republicans ’, Mike Rounds, Kevin Freking, Seung Min Kim Organizations: WASHINGTON, Republicans, Republican, Trump, Senate, White, Air Force, Democratic, Senate Republicans, Texas Republican, Florida Republican, Ohio Republican, unquote ‘ MAGA Republicans, South Dakota Republican, Associated Press Locations: Ukraine, U.S, Mexico, The U.S, Israel, Oklahoma, Dakota, Europe, Congress, Connecticut, Trump, Texas, Florida, Ohio

☆ How BlackRock’s Rick Rieder generates outperformance and attractive yield for his Flexible Income ETF
▼ + stars: | 2024-01-24 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

In a sea of income-generating exchange-traded funds, BlackRock 's actively managed Flexible Income ETF (BINC) seeks to stand out with a multisector approach that balances high quality and high yield. "The way we built this portfolio is marrying high yield, investment-grade credit, agency mortgages and securitized [products]," Rieder said in an interview. Rieder said he's investing more in European high yield these days because of the strong U.S. dollar. "That is really attractive — and European high yield is cheaper than U.S.," he said. In U.S. high yield, single-B-rated debt is the most attractive, the investor said.

Persons: Rick Rieder, Rieder, BINC, it's, they're, We're, Indonesia — Organizations: BlackRock, SEC, Morningstar, Federal, Agency Locations: U.S, European, Mexico, Brazil, Indonesia

☆ U.S. Strikes 3 Sites in Iraq Linked to Militias Blamed for Base Attack
▼ + stars: | 2024-01-23 | by ( Eric Schmitt | More About Eric Schmitt | ) www.nytimes.com time to read: +3 min

The United States on Tuesday carried out military strikes against three facilities in western Iraq associated with Iran-linked militias that American officials say attacked a major base in Iraq on Saturday, according to the Pentagon’s Central Command, injuring at least four U.S. service members. “These precision strikes are in direct response to a series of escalatory attacks against U.S. and coalition personnel in Iraq and Syria by Iranian-sponsored militias,” Defense Secretary Lloyd J. Austin III said in a statement. The attack against Al Asad Air Base in Iraq on Saturday was the latest and the most serious of about 151 such rocket and missile strikes directed at U.S. troops based in Iraq and Syria since Israel’s war against Hamas in Gaza started. Al Asad Air Base, in Iraq’s western desert, is now primarily used by Iraqi forces but still has a U.S. contingent. At least 83 U.S. personnel have suffered injuries in the attacks by militias in Syria and Iraq, including traumatic brain injuries.

Persons: Lloyd J, Austin III, Biden, Austin, Biden “ Organizations: Pentagon’s, Command, Central Command, U.S, ”, Al Asad, Al Asad Air Base, Pentagon, Houthi Locations: States, Iraq, Iran, Iraq’s, Syria, Iranian, Al Asad Air, Gaza, United States, Britain, Yemen, Al, U.S, Kurdish Syrian, Islamic State

☆ New Hampshire’s presidential primary: 6 things to watch
▼ + stars: | 2024-01-23 | by ( Eric Bradner | Gregory Krieg | ) edition.cnn.com time to read: +11 min

Nikki Haley doesn’t defeat former President Donald Trump in New Hampshire’s primary on Tuesday, the fight may be over. Haley said Sunday she would “absolutely” remain in the Republican presidential race through South Carolina’s February 24 primary. Recent departures from the 2024 race have already shaped the New Hampshire Republican primary. Another 3% of likely GOP primary voters say they’d vote for someone else. For her part, Haley insisted Monday on Fox News that she’ll continue in the race, no matter the outcome of the New Hampshire primary.

Persons: CNN — It’s, Nikki Haley doesn’t, Donald Trump, Ron DeSantis, Haley, Chris Sununu, Joe Biden, That’s, —, She’s, Sununu, DeSantis, Iowa’s Kim Reynolds, “ I’ve, ”, “, “ I’m, She’ll, Montana Sen, Steve Daines, “ Donald Trump, Chris Christie, Vivek Ramaswamy’s, Trump, “ Vivek, Ron, ” Trump, Biden, Nancy Pelosi, “ Trump, Barack Obama, Hillary Clinton, he’s, ” Haley, Will Haley, Chris LaCivita, Susie Wiles, LaCivita, Wiles, ” “, Marianne Williamson, Dean Phillips Organizations: CNN, South Carolina Gov, Florida Gov, Trump, Republican, GOP, Republican Party, NBC, Sunday, New, South, Senate, New Hampshire Republican, New Jersey Gov, Granite State, University of New, United Nations, Capitol, Democratic, Fox News, Democratic Party, Democratic National Committee, Minnesota, Biden Locations: New, Granite, New Hampshire, — Iowa, New Hampshire , Nevada, South Carolina, Iowa, North Charleston, DeSantis, Nevada’s, Nevada, Montana, New Jersey, Ohio, Florida, Granite State, University of New Hampshire, Rochester , New Hampshire, Derry , New Hampshire, Seabrook , New Hampshire

☆ S&P 500 closes at record high for first time in two years
▼ + stars: | 2024-01-19 | by ( Nicole Goodkind | Krystal Hur | ) edition.cnn.com time to read: +2 min

New York CNN —The S&P 500 index closed Friday at a record high, fueled by surging tech stocks and bets that the Federal Reserve will cut interest rates this year. The benchmark index closed at 4,839.81, besting its previous high of 4,796.56, reached on January 3, 2022. Earlier in the trading session, the S&P 500 reached an intraday high of 4,832.17, topping its previous intraday high of 4,818.62, reached more than two years ago, on January 4, 2022. After a rocky start to the year, the S&P 500 has found its footing and is up about 1.5% in 2024. The blue-chip Dow Jones Industrial Average reached a record high close in December as investors cheered the Fed’s dovish tilt.

Persons: ’, Raphael Bostic, doesn’t, Christopher Waller, Austin Goolsbee, ” Goolsbee Organizations: New, New York CNN, Federal Reserve, Fed, Dow, Atlanta Fed, Chicago Fed, CNBC Locations: New York

☆ Biden administration plans to slash overdraft fees at big banks: 'I call it exploitation,' president says
▼ + stars: | 2024-01-19 | by ( Ryan Ermey | ) www.cnbc.com time to read: +2 min

The Consumer Financial Protection Bureau on Wednesday proposed a set of new rules that would slash the fees banks charge customers for withdrawing more than the available funds in their account. Americans have paid an estimated $280 billion in overdraft fees since 2000, according to data from the consumer watchdog agency. "For too long, some banks have charged exorbitant overdraft fees — sometimes $30 or more — that often hit the most vulnerable Americans the hardest, all while banks pad their bottom lines," President Joe Biden said in a statement. Overdraft fees affect some 23 million households in a given year, and the proposed cutbacks would save Americans about $3.5 billion annually, the CFPB says. Much of that money would theoretically return to the pockets of lower income bank customers: Consumer Reports says 8% of bank customers generate nearly 75% of banks' revenue from such fees.

Persons: Joe Biden Organizations: Consumer Financial, Biden, Consumer

☆ Jim Cramer says troubles in the Red Sea will hinder the Fed's fight against inflation
▼ + stars: | 2024-01-18 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Thursday warned that soaring shipping costs due to troubles in the Red Sea won't help the U.S. tamp down inflation, telling investors they shouldn't bank on a lot of rate cuts from the Federal Reserve. "If the last few years have taught us anything, it's that supply disruptions are the bane of the Fed's fight against inflation," he said. In recent weeks, Yemen-based Houthis have attacked ships traveling through the Red Sea, one of the most important global shipping routes. As a result, many major shipping companies are sending their vessels on lengthy and expensive detours, causing freight prices to skyrocket. And with hotter-than-expected figures for December's consumer price index and retail sales, Cramer argued inflation could already be on the rise.

Persons: CNBC's Jim Cramer, freight's, Cramer, they're Organizations: Federal Reserve, FedEx, Canadian, Canadian Pacific Kansas City Locations: Yemen, Canadian Pacific Kansas

Biden said the U.S. would continue the strikes, even though so far they have not stopped the Houthis from continuing to harass commercial and military vessels. Saree said the attack took place in the Gulf of Aden, the waters just south of Yemen. The Pentagon was not immediately able to confirm the strikes but has cautioned that it anticipates the Houthis will continue their attacks. On Wednesday the U.S. military fired another wave of ship- and submarine-launch missile strikes against 14 Houthi-controlled sites. But the links to the ships targeted in the rebel assaults have grown more tenuous as the attacks continue.

Persons: Joe Biden, Biden, Houthi, Yahya Saree, Saree, John Kirby, “ I’m, “, Sabrina Singh, ” Singh, Jon Gambrell, Jack Jeffrey, C, Sagar Organizations: WASHINGTON, —, Iranian, ”, ” U.S . Central Command, Twitter, Navy, Pentagon, White, Marshall, Chem, Prosperity, U.S, Wednesday, U.S ., National Security, Hamas, Associated Press Locations: — U.S, Yemen, ” U.S, U.S, North Carolina, Houthi Brig, Gulf, Aden, Iran, Israel, Gaza, Palestinian, Jerusalem, London, Washington

Zelensky and Trump loom over DavosTwo people are having an outsize impact at the World Economic Forum, and one of them isn’t even there. One is Volodymyr Zelensky, Ukraine’s president, who put on a full-court press of business and global leaders at the forum in Davos, Switzerland. Zelensky isn’t the only leader at Davos worried about Trump. The Ukrainian leader has sought to shore up global business support. And the annual wine tasting hosted by Anthony Scaramucci, the financier and former Trump official, well, ran out of wine.

Persons: Volodymyr Zelensky, Donald Trump, Zelensky, Vladimir Putin, Andrew, Trump, Putin, “, ” Zelensky, Republican Party ”, DealBook, thumped, JPMorgan Chase, Steve Schwarzman, Blackstone, Ray Dalio, David Rubenstein, Carlyle, Michael Dell, John Kerry, Biden’s, Anthony Scaramucci, Christine Lagarde, Christopher Waller, Nelson Peltz’s, James Gorman, Morgan Stanley, Mary Barra, General Motors —, Bob Iger, Disney’s, Murray Auchincloss, Bernard Looney, Auchincloss, Yi Fuxian Organizations: Trump, Economic, Ukraine, Republican Party, Republican, JPMorgan, Congress Center, Dell, European Central Bank, Fed, Disney, General, BP, University of Wisconsin – Locations: Davos, Switzerland, Europe, Ukraine, American, Iowa, Bridgewater, China, Beijing, Russia, Britain, U.S, Asia, University of Wisconsin – Madison

☆ Evercore ISI sees big pullback in first half of 2024 as recession ‘materializes’
▼ + stars: | 2023-12-11 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

The market is going to worsen early in 2024 before recovering, according to Evercore ISI. The firm sees the S & P 500 falling in the first half of next year to 3,970 as a "recession materializes and politics [amplify] volatility." An inverted yield curve also portends the start of a recessionary period in the first quarter of 2024, he added. "'Defense Wins Championships' is a consistent theme between [the] last hike and first cut in the recession playbook," said Emanuel. By comparison, the S & P 500 is up 20.1% year to date.

Persons: That's, Julian Emanuel, Emanuel Organizations: ISI

Last Friday provided a split-screen view of the markets and the Federal Reserve. “Indeed, we look for the return of striking workers to add nearly 45K jobs to November’s payrolls. Wednesday brings the first measure of the November job market when private payroll firm ADP releases its monthly survey of employers. October came in at 150,000, a drop from the recent trend of around 200,000 jobs added per month. Consequently, we expect the post-meeting statement will keep the door open to the possibility of additional tightening this cycle.

Persons: Jerome Powell, Powell, ” William Blair, Richard de Chazal, that’s, de Chazal, –, payrolls, “, Sam Bullard, November’s, Bullard, Wells Fargo Organizations: Federal Reserve, Spelman College, “, Futures, United Auto Workers, UAW, Hollywood, Wells, Labor

JAKE SULLIVAN - THE LAST GUY IN THE ROOMBiden often turns to Sullivan, the White House national security adviser, when he is considering final options and looking for advice and counsel. "He develops and puts forward the policy options before the president for him to decide," said one U.S. official. Sullivan, 47, was national security adviser for Biden when he was vice president and deputy chief of staff to then-Secretary of State Hillary Clinton. He gathers policy options from across government agencies and prepares them for Biden to consider, the traditional role of the national security adviser. JON FINER - ASKING QUESTIONSSullivan relies heavily on his deputy national security adviser, Jon Finer.

Persons: Joe Biden, Antony Blinken, Evelyn Hockstein, ANTONY BLINKEN, Biden, Blinken, Benjamin Netanyahu, JAKE SULLIVAN, Sullivan, Jake, Hillary Clinton, BRETT MCGURK, Brett McGurk, McGurk, George W, Bush, Barack Obama, Donald Trump, BILL BURNS, spymaster, Bill Burns, It's, Burns, LLOYD AUSTIN, STARK, Lloyd Austin, Yoav Gallant, Israel, KAMALA HARRIS, Kamala Harris, Harris, ”, JON, Jon, John Kerry's, Kerry, Arshad Mohammed, Nandita Bose, Don Durfee, Heather Timmons, Deepa Babington Organizations: U.S, Hamas, REUTERS, Rights, Israeli, Biden, White House, National Security, U.S ., CIA, . Defense, Pentagon, Islamic State, U.S . Army, ISIS, Palestinian, West Bank, Palestinian Authority, Washington Post, Thomson Locations: Israel, Tel Aviv, Gaza, East, North Africa, Saudi Arabia, United States, Qatar, Doha, Iran, Moscow, Russia, Ukraine, Ankara, U.S, Austin, Dubai, West

☆ Where Will CD Rates Go in 2024?
▼ + stars: | 2023-11-29 | by ( Mallika Mitra | ) www.wsj.com time to read: +7 min

Interest rates that banks pay on certificates of deposit are closely tied to short-term interest rates set by the Federal Reserve. Now that the inflation rate has come down, many investing pros see two possible outcomes for interest rates in 2024: one in which the Fed has little choice but to cut rates steeply, and another in which the Fed can cut rates modestly. Either scenario would eventually result in CD rates decreasing, since rates on CDs tend to quickly follow Fed moves. Where will CD rates go in 2024? But if investors are correct that rate cuts are coming, those high CD rates will come down over the next few years, too.

Persons: Mallika Mitra, “, ”, Lili Vasileff, Leslie Falconio, “ They’re, you’ll, you’re, Jeremy Keil, ” Keil, Keil, “ You’ve, Ally Organizations: Federal Reserve, UBS, Wall, Federal Credit Union, Minnequa Works Credit Union, Federal Deposit Insurance Corporation, National Credit Union Administration Locations: Greenwich, Conn, U.S, Milwaukee, APYs

Argentine President-elect Javier Milei departs the Eisenhower Executive Office Building after meeting with Biden administration staff at the White House complex in Washington, U.S., November 28, 2023. His foreign policy, meanwhile, is unabashedly pro-United States and pro-Israel, with a cooler stance on top trade partners Brazil and China. 2 Gita Gopinath and other fund officials, the fund said separately. The IMF has said in the past that dollarization is not a substitute for sound macroeconomic policy. Milei and IMF officials had a first virtual meeting on Friday, which Georgieva called a "very constructive engagement".

Persons: Javier Milei, Kevin Lamarque, Milei, Jake Sullivan, Juan Gonzalez, Benjamin Gedan, Alberto Fernandez, Vladimir Putin, Kristalina Georgieva, Posse, Luis Caputo, Gita Gopinath, Georgieva, Jason Lange, Rodrigo Campos, Rosalba O'Brien, Christopher Cushing Organizations: Argentine, Biden, REUTERS, Rights, U.S, White, National Security, Western, United, Israel, America, Wilson, International Monetary Fund, IMF, Reuters, Thomson Locations: Washington , U.S, Washington, Argentina, United States, Brazil, China, U.S, Moscow, Ukraine, Beijing, Argentine, New York

[1/2] Former governor of Argentina's central bank, Luis Caputo, speaks during a news conference in Buenos Aires, Argentina May 4, 2018. In the meeting, however, Caputo declined to confirm that he would be the new economy minister, two of the sources said. The roadmap is orthodox and without crazy things," Caputo told the assembled bank representatives, according to a senior banking source who attended the meeting. Earlier on Friday, though, he said shutting the central bank was "non-negotiable". The second bank source said Caputo had discussed the need to fully attack inflation and lower the Leliq pile, though did not have details on how this would be done.

Persons: Luis Caputo, Marcos Brindicci, Javier Milei, Caputo, Milei, Mauricio Macri's, Javier Bolzico, ADEBA, Milei's, " Caputo, Jorgelina, Jorge Otaola, Adam Jourdan, Alistair Bell Organizations: REUTERS, La, Reuters, Thomson Locations: Argentina's, Buenos Aires, Argentina, BUENOS AIRES, Argentine, Rosario

[1/4] An illegal money changer checks old U.S. dollars at a marketplace in Harare, Zimbabwe, November 26, 2020. The government reintroduced the local currency in 2019, but it rapidly lost value. Zimbabwe's dollarization story is as full of warnings as it is with promise. During the five years before dollarization in 2000, the monthly measure of annualized inflation averaged 33% in Ecuador. "With our local currency we couldn't buy anything, it was very expensive to acquire things, so dollarization ... allowed people to have greater security in their purchases."

Persons: Javier Milei, Milei, Zimbabwe's, Bongiwe Mudau, Dollarization, dollarization, Mudau, Moses Mhlanga, Nestor Cerneaz, Wilson Andrade, Juan Carlos Villota, Guido Puig, Tito Correa, Nyasha, Miguel Lo Bianco, Rodrigo Campos, Adam Jourdan, Karin Strohecker, Rosalba O'Brien Organizations: REUTERS, Philimon, Rights, U.S ., Reuters, International Monetary Fund, hawker, Reuters Graphics Reuters, dollarization, Thomson Locations: Harare, Zimbabwe, Philimon Bulawayo, Rights QUITO, HARARE, BUENOS AIRES, Zimbabwe's, Quito, Ecuador, Argentina, El Salvador, greenbacks, Buenos Aires, Argentine, New York

☆ How Walmart, Kroger, and other major retailers are ramping up self-checkout tech to combat theft
▼ + stars: | 2023-11-23 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +6 min

Retailers and tech firms are developing new ways to detect — and prevent — theft. Companies like Walmart and Kroger are using cameras, AI sensors, and other tech at self-checkouts. These days, companies like Walmart, Kroger, and more are outfitting their self-checkouts with cameras, AI-enabled sensors, and other high-tech tools to tamp down theft at self-checkout stations. They previously said, "As with other retailers, theft is always a challenge, and we're always looking for better ways to tackle this issue. The presence of a person is one of several low-tech ways retailers have managed to curb shoplifting at self-checkout lanes.

Persons: —, Craig Szklany, Dominick Reuter, we're, Sensormatic, Kroger, Abhinai Srivastava, haven't, Srivastava, Sensormatic's Szklany Organizations: Companies, Walmart, Kroger, Service, Business, BP

Milei, who is pledging economic shock therapy such as shutting the central bank and dollarization, won a second-round runoff vote on Sunday with some 56% to rival Sergio Massa's 44%. Milei now faces the huge challenge of turning around the economy once he takes office on Dec. 10. "It is an economy that is in intensive care," said Miguel Kiguel, a former undersecretary of finance at the Economy Ministry in the 1990s. A central bank poll of analysts forecast 185% inflation by the end of the year. In a bid to tamp down inflation Argentina's central bank has hiked the benchmark interest rate to 133%, which encourages saving in pesos, but hurts access to credit and economic growth.

Persons: Javier Milei, Sergio Massa's, Milei, Miguel Kiguel, Lucio Garay Mendez, Vaca Muerta, Eugenio Marí, Hernan Nessi, Adam Jourdan, Daniel Wallis, Chris Reese Organizations: Economy Ministry, Reuters Graphics Reuters, Coldplay, Reuters Graphics, CENTRAL, International Monetary Fund, Libertad y Progreso Foundation, Thomson Locations: BUENOS AIRES, dollarization, Argentina, China, Brazil

☆ Ray Dalio says U.S. reaching an inflection point where the debt problem quickly gets even worse
▼ + stars: | 2023-11-17 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Soaring U.S. government debt is reaching a point where it will begin creating larger problems, Bridgewater Associates founder Ray Dalio said Friday. The hedge fund titan warned during a CNBC appearance that the need to borrow more and more to cover deficits will exacerbate the political and social problems the country is facing. "Economically strong means financially strong," Dalio said on "Squawk Box." Data through January indicates that foreign holdings of U.S. government debt total $7.4 trillion, down $253 billion, or 3.3% over the past year. "We are at the point of that acceleration, which creates the supply-demand problem.

Persons: Ray Dalio, Dalio, It's Organizations: Soaring, Bridgewater Associates, CNBC, Treasury Department, Federal Reserve, U.S, CNBC PRO Locations: U.S, China

Among the catalysts are Palestinian and Jewish-led groups that have been active for years in opposing Israeli policies toward the Palestinians and who now demand a cease-fire in Gaza. The groups have roots in a movement known as BDS, which calls for the boycott, divestment and sanction of Israel. That campaign generated heated rhetoric long before Hamas militants attacked Israel on Oct. 7 and Israel launched its counteroffensive. Advocates wrote op-eds for campus newspapers with appeals to protect Palestinian human rights, often accusing Israel of colonialism and racism. Protests have led to disruptions on Capitol Hill, at a major train station in Chicago and New York City’s Grand Central Station.

Persons: Brant Rosen, IFNOTNOW IfNotNow, “ Young, ”, IfNotNow, ” Eva Borgwardt, ” IfNotNow, Ron Liebowitz, Brandeis, Ron DeSantis’s, Israel, Tom Horne, Hollingsworth, Crary, Anita Snow Organizations: Israel, New York, Grand, Station, Democratic, Committee, Jewish Voice, Peace, Twitter, Columbia University, Rabbinical, Defamation League, JVP, Zionist, “, Palestinian, JUSTICE, PALESTINE, Justice, Brandeis University, American Jewish, Brandeis, Republican Florida Gov, Virginia Attorney, Brown University, UNICEF, Amnesty International, Local, Lilly Endowment Inc, AP Locations: Israel, Gaza, there’s, United States, Chicago, New, Washington, Palestine, U.S, Canada, ”, American, Toledo , Ohio, Virginia, Scottsdale , Arizona, Mission , Kansas, New York, Phoenix

WASHINGTON (AP) — The United States on Tuesday said it imposed a third round of sanctions on a group of Hamas officials, members of the Palestinian Islamic Jihad who work to transfer money from Iran to Gaza, and a Lebanese money exchange service that facilitates the transfers. The Treasury Department sanctions, coordinated with the United Kingdom, come in response to the surprise Oct. 7 attack by Hamas on Israel that left roughly 1,200 people dead or kidnapped. The sanctions block access to U.S. property and bank accounts and prevent the targeted people and companies from doing business with Americans. This and two previous rounds of sanctions against Hamas and its affiliates are aimed at protecting the international financial system from abuse by Hamas militants and their enablers, the Treasury Department said. The State Department also is designating a Palestinian Islamic Jihad military leader for diplomatic sanctions.

Persons: Janet Yellen, Antony Blinken, “, Joe Biden, David Cameron, Mohammed Deif, Benjamin Netanyahu Organizations: WASHINGTON, Islamic, Treasury Department, Hamas, The State Department, Jihad, Israel, Iranian, U.S, Health Ministry, Foreign Locations: United States, Islamic Jihad, Iran, Gaza, Lebanese, United Kingdom, Israel, U.S, Syria, Iraq, West Bank, israel

WASHINGTON (AP) — The United States and China are the two global economic heavyweights. The meeting will bring together 21 Pacific Rim countries, which collectively represent 40% of the world’s people and nearly half of global trade. Indeed, imports of Chinese goods to the United States were down 24% through September compared with the same period of 2022. Xi, too, has reason to try to restore economic cooperation with the United States. “This will not be an easy sell.’’Complicating matters is that the tensions between Washington and Beijing go well beyond economics.

Persons: Joe Biden, Xi, Eswar Prasad, “, Prasad, Donald Trump, Trump, Biden, Chad Bown, Janet Yellen, Lifeng, —, ” Yellen, ’ ’, Wendy Cutler, Raja Krishnamoorthi, ’ ’ Krishnamoorthi, ’ Organizations: WASHINGTON, International Monetary Fund, “, Cornell University, Economic Cooperation, Biden, World Trade Organization, U.S, Peterson Institute for International Economics, Prosperity, Trump, Group, Bain & Co, Micron, IMF, United, Asia Society Institute, Chinese Communist Party, Republicans, Pew Research Center, Center for Strategic, International Studies, Rep, Illinois Democrat Locations: United States, China, Washington, Beijing, U.S, Ukraine, Gaza, Asia, San Francisco, Shanghai, Hong Kong, Xinjiang, India, Philippines, South China, Taiwan, Chinese, Kenya, Nigeria, Illinois

You shouldn't expect high-yield savings account interest rates to drop anytime soon. High-yield savings accounts are a great choiceDespite the fact that APYs will likely fall eventually, high-yield savings accounts can still be a really good place to put your money. "By its nature a high-yield savings account will still provide more interest than an ordinary savings account at a major bank," Herzog says. In fact, now may be the time to take advantage and put funds into a high-yield savings account if you haven't already. "If we see more talk of interest rates slowly declining, I think there will be more interest in longer-term securities or options to lock in those interest rates," Valega says.

Persons: —, you'll, we're, Andrew Herzog, Herzog, Catherine Valega, It's, Valega, it's Organizations: Service, Federal Reserve, Fed, Green Bee

By saying that Israel will maintain security control over Gaza “for an indefinite period,” Prime Minister Benjamin Netanyahu set off alarm bells in Washington and questions at home. The Biden administration, trying to manage severe criticism among Arab and European allies about the death toll in Gaza — now at more than 10,000 Gazan officials say — was quick to push back. That collaboration helps Mr. Abbas tamp down dissent in the West Bank, including from members of Hamas, while Israeli settlements continue to expand there. After the killing of so many Israelis by Hamas a month ago — about 1,400, officials say — Israel will want to ensure its own security so that such an invasion from Gaza can never happen again. Even then, it is highly unlikely, Israeli officials say, that Israel will ever completely trust any Palestinian or even international peacekeeping force to keep Israel safe.

Persons: Benjamin Netanyahu, Biden, —, “, Antony J, Blinken, Mahmoud, Abbas, Abbas tamp, Netanyahu Organizations: ”, West Bank, Palestinian Authority, Authority, Mr, Israel Locations: Israel, Gaza, Washington, Tokyo, Palestinian

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