DIRS.INFO The most relevant business & tech news

Destruction in a area targeted by Israeli airstrikes in Lebanon's town of Saksakiyeh, on September 26, 2024. Mahmoud Zayyat/AFP/Getty ImagesIsrael said it is considering a US-led ceasefire proposal that would see a 21-day pause in fighting in Lebanon, as fears rise of a fully-fledged war between Israel and Hezbollah that risks escalating into a wider regional conflict. • Has Hezbollah agreed? : Hezbollah has not yet commented on the proposed deal, and Lebanese caretaker Prime Minister Najib Mikati has denied reports of signing the framework for Lebanon. Media reports claimed earlier that Mikati signed a ceasefire proposal after meeting US Secretary of State Antony Blinken and envoy Amos Hochstein on the sidelines of the UN General Assembly.

Persons: Mahmoud Zayyat, Israel, Benjamin Netanyahu, Joe Biden, •, Najib Mikati, Mikati, Antony Blinken, Amos Hochstein, Netanyahu Organizations: Getty, United Nations General Assembly, European Union, United Arab, Media, UN, Assembly Locations: Lebanon's, Saksakiyeh, AFP, Lebanon, Israel, New York, United States, Australia, Canada, France, Germany, Italy, Japan, Saudi Arabia, United Arab Emirates, Qatar

☆ China's doing very positive things with its economy, says Wharton's Jeremy Siegel
▼ + stars: | 2024-09-27 | 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 EmailChina's doing very positive things with its economy, says Wharton's Jeremy SiegelJeremy Siegel, Wharton School professor of finance, joins 'Squawk on the Street' to discuss how much of a game changer recent news from China is, how the U.S. equity market looks, and much more.

Persons: Wharton's Jeremy Siegel Jeremy Siegel Organizations: Wharton School Locations: China

☆ Trump set to meet Zelensky amid GOP tensions over Ukraine assistance
▼ + stars: | 2024-09-27 | by ( Jeremy Herb | ) edition.cnn.com time to read: +5 min

CNN —Former President Donald Trump and Ukrainian President Volodymyr Zelensky will meet at Trump Tower on Friday morning, according to Trump, giving the Ukrainian leader the chance to make a personal pitch to a GOP presidential nominee openly skeptical of continued US security assistance for Ukraine against Russia. Still, it’s unclear whether Zelensky can say anything to convince Trump to change his position on the Russia-Ukraine war and US security assistance. Zelensky said this week that Trump doesn’t know how to end Russia’s war on Ukraine. But an in-person meeting while Zelensky, who was in town for the UN General Assembly, appeared unlikely earlier this week. “Those cities are gone, they’re gone, and we continue to give billions of dollars to a man who refused to make a deal, Zelensky.

Persons: Donald Trump, Volodymyr Zelensky, Trump, He’s, Zelensky, ” Trump, “, Putin, ” Zelensky, Joe Biden, Kamala Harris, ” Harris, Zelensky’s, it’s, Biden, Biden –, they’re, Josh Shapiro, They’ve, Mike Johnson, Ohio Sen, JD Vance Organizations: CNN, Ukrainian, Trump, GOP, Russia, Biden, White, Democratic, White House, United Nations General Assembly, House Democrats, UN, Assembly, Republican, Democratic Gov, Republicans, Ohio, Trump Tower Locations: Ukrainian, Ukraine, Russia, November’s, Mint Hill, North Carolina, Congress, Pennsylvania, Yorker

• A diplomatic push is underway to prevent a regional war from erupting in the Middle East, with the US and its allies calling for a 21-day ceasefire across the Israel-Lebanon border as the UN chief urged all sides to “step back from the brink.”• The calls for calm come after Israel’s military said it was preparing for a possible ground incursion into Lebanon. It also said it was calling up two reserve brigades “for operational missions in the northern sector.”• As the conflict escalates, Israel and Hezbollah are trading waves of strikes, forcing tens of thousands in Lebanon to flee their homes. More than 90,000 people are newly displaced in Lebanon, the UN said. • While Israel and Hezbollah have refrained from declaring that they are at war with each other, their ramped-up conflict goals may make that moot.

Persons: • Organizations: UN Locations: Israel, Lebanon

☆ Here's what Micron's strong quarter and outlook can tell us about 8 of our portfolio stocks
▼ + stars: | 2024-09-26 | by ( Zev Fima | ) www.cnbc.com time to read: +4 min

What's good for memory chipmaker Micron Technology is good for stocks tied to data centers and AI-enabled consumer electronics — two tech trends with robust representation in the Club portfolio. The Micron pop led to broad-based early strength in semiconductor stocks and other tech names. Micron CEO Sanjay Mehrotra's post-earnings commentary on HBM demand was particularly striking. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Sanjay Mehrotra's, Mehrotra, —, Jim Cramer's, Jim Cramer, Jim, Jeremy Erickson Organizations: Micron Technology, Club, Micron, Nvidia, Devices, Broadcom, TAM, Microsoft, Apple, AMD, CNBC, Bloomberg, Getty Locations: Boise , Idaho

☆ NY appeals court on Thursday to hear arguments on Trump’s $454 million civil fraud judgment
▼ + stars: | 2024-09-26 | by ( Kara Scannell | Jeremy Herb | ) edition.cnn.com time to read: +4 min

CNN —A New York appeals court is set to hear arguments Thursday in former President Donald Trump’s bid to have the $454 million civil fraud judgment against him dismissed. The appellate hearing is yet another legal development for Trump playing out the same time as his presidential campaign hits the homestretch. In addition to the civil fraud appeal, Trump’s lawyers have argued to dismiss the guilty verdict in the New York criminal case, the federal election interference case in Washington, DC, and the E. Jean Carroll defamation verdict – all in the past month. The judgment against Trump was for $354 million, with an additional $100 million in interest that had accrued when the judge’s ruling was issued in February. “The award of $464 million in a case with no victims, no proven injuries, and no losses is not remotely defensible,” Trump’s lawyers wrote.

Persons: Donald Trump’s, Jean Carroll, Arthur Engoron, Trump, Donald Trump Jr, Eric Trump, Engoron, ’, ”, “ Organizations: CNN, Trump, New Locations: York, New York, Washington ,

Donald Trump narrowly captured each on his way to collapsing the Democrats’ vaunted “blue wall” in 2016. Wages going up. Wages going up. I talk to my friends, ‘Your wages going up?’ No. The pandemic-era stimulus checks, which Trump made a point of putting his name on, also come up regularly.

Persons: Hurley Coleman III, ’ ”, Phil Kerner’s, us, ” Kerner, ”, Barack Obama, Donald Trump, Joe Biden, ” Coleman, Kamala Harris, Hurley Coleman, Coleman, “, ” Hurley Coleman Jr, –, Phil Kerner, hasn’t, Edward, he’s, Kerner, George W, Bush, Guy, “ I’m, CNN –, CNN ‘, Trump ’ Kerner, I’m, “ It’s, Hurley Coleman Jr, Harris, HJ, He’s, Trump, Biden, that’s Organizations: CNN, Trump, General Motors, GM, of God, atrophied, Phil Kerner CNN, Republican, Democratic National Convention Locations: Saginaw , Michigan, Pennsylvania, Erie, Central Michigan, Erie , Pennsylvania, Saginaw

☆ Promises of 'passive income' on Amazon led to death threats for negative online review, FTC says
▼ + stars: | 2024-09-25 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +3 min

The sender said Sanford, who lives in Springfield, Missouri, would only only be safe if he removed a negative online review. Months earlier, Sanford had left a scathing review for an e-commerce "automation" company called Ascend Ecom on the rating site Trustpilot. The FTC is seeking monetary relief for Ascend customers and to prevent Ascend from doing business permanently. The FTC has also pledged to go after companies that try to suppress negative reviews online as part of new rules issued this year targeting fake reviews. Formed in 2021, Ascend has done business under several entity names with operations registered in states including Texas, Wyoming and California.

Persons: Jamaal Sanford, Sanford, it's, Will Basta, Jeremy Leung Organizations: Federal Trade Commission, FTC, YouTube Locations: Robbinsville , New Jersey, Russian, Springfield , Missouri, dropshipping, Texas , Wyoming, California

How relevant is this ad to you? Video player was slow to load content Video content never loaded Ad froze or did not finish loading Video content did not start after ad Audio on ad was too loud Other issues

☆ Op-ed: The UK's budget problems date back to the 2008 financial crisis
▼ + stars: | 2024-09-24 | by ( Kevin Klowden | Chief Global Strategist At The Milken Institute | ) www.cnbc.com time to read: +2 min

Over the past few weeks, economic news from the U.K. has heavily focused on the state of British national finances and how they might impact both the British public and the prospects for economic growth. Regardless of how the U.K. fiscal situation stands now, it is clear that the current shortfalls are both years in the making and run the risk of having consequences that could last for years to come. The ultimate dilemma facing Labour now is that the country cannot produce enough revenue to close systemic shortfalls without sustained economic growth, but it also cannot create economic growth without real investment, both from the public and private sectors. In many ways, the current fiscal situation dates back to the financial crisis of 2008 and the fact that the country's economy was unable to snap back readily to close the budget shortfalls that occurred then. Borrowing in the financial year to August stood at £64.1 billion ($85 billion), with the country's debt hitting 100% of GDP.

Persons: Keir Starmer, John Healey, George Robertson, Rachel Reeves, Jeremy Hunt Organizations: British, Defence, Downing, Labour, Conservative Locations: London, England, British, United States, China, Japan

☆ UK Prime Minister Keir Starmer says tough times are needed to spark national renewal
▼ + stars: | 2024-09-24 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +5 min

Prime Minister Sir Keir Starmer during an 'In Conversation' event with Debbie Weinstein, managing Director Goole UK&I during the Labour Party Conference at the ACC Liverpool. Liverpool, ENGLAND — U.K. Prime Minister Keir Starmer insisted on Tuesday that tough decisions taken now will spark a new era for Britain, as he sought to shake a fog of pessimism that has clouded his new premiership. "Change must mean nothing less than national renewal," he told a crowd of Labour Party delegates Tuesday. Wes Streeting, minister for health and social care, said that promised improvements to the U.K.'s National Health Service (NHS) would take time to implement. We need to rebuild the economy, rebuild public services and rebuild trust in politics," he said at the conference Monday.

Persons: Sir Keir Starmer, Debbie Weinstein, Keir Starmer, Starmer, Jeremy Corbyn, Rachel Reeves, Reeves, Wes Streeting, Tulip Siddiq Organizations: Goole, Labour Party Conference, ACC Liverpool, Labour Party, Conservative, Wealth Fund, Finance, National Health Service, Treasury, Labour, CNBC, Conservative Party Locations: Liverpool, ENGLAND, Britain, England

☆ Britain's finance minister calls for spending discipline but no return to austerity
▼ + stars: | 2024-09-23 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Britain's Chancellor of the Exchequer Rachel Reeves speaks on the second day of the annual Labour Party conference in Liverpool, north-west England, on September 23, 2024. Liverpool, ENGLAND — U.K. Finance Minister Rachel Reeves vowed on Monday that Britain will not return to austerity, but said she would make hard choices as she lays out budget proposals next month. "It will be a budget with real ambition ... a budget to deliver the change we promised. A budget to rebuild Britain," she told a crowd of Labour party delegates Monday. Reeves has suggested that taxes are likely to rise at her upcoming Oct. 30 Autumn budget after discovering a £22 billion ($29 billion) "black hole" in the public finances.

Persons: Rachel Reeves, heckles, Keir Starmer, Reeves, Jeremy Hunt Organizations: Labour Party, Finance, Labour, Conservative Party, Conservatives Locations: Liverpool, England, ENGLAND, Britain

The payment was listed as a “speaking engagement.”Trump’s latest disclosure form said Melania Trump was paid by the Log Cabin Republicans for the April fundraiser. The source told CNN that Ric Grenell, former ambassador to Germany and a Trump ally, was the one who made the request on behalf of Melania Trump. One person close to Melania Trump said she has decided “my best and highest use is where I am,” adding that “she’s a priceless, timeless asset” for Donald Trump. A spokesperson for Melania Trump declined to comment in response to CNN’s questions. Melania Trump is not the only Trump family member to get paid while in the political spotlight.

Persons: Washington CNN — Melania Trump, she’s, Donald Trump’s, ”, Melania Trump, Charles Moran, Ric Grenell, Trump, Grenell, Virginia Canter, Canter, “, it’s, Donald Trump, John Paulson, “ She’s, ’ ”, Stephanie Grisham, ” Grisham, Kimberly Guilfoyle, Trump’s, Donald Trump Jr, Bill Clinton, Hillary Clinton, Barack Obama, Joe, Jill Biden, Michelle Obama, Laura Bush, Hunter Biden, CNN’s Fredreka Schouten Organizations: Washington CNN, CNN, Melania, Trump, Republican National Convention, Trump White House, House, White, Secret, Capitol, ”, Politico Locations: Germany, Florida, California, Palm Beach , Florida, Palm Beach, Butler , Pennsylvania, Manhattan

☆ Election experts raise alarms about vote counting delays in battleground states
▼ + stars: | 2024-09-22 | by ( Fredreka Schouten | Sara Murray | ) edition.cnn.com time to read: +14 min

Election observers worry that delays in counting mail ballots could give the public a false sense of who’s winning the election. In Wisconsin and Pennsylvania, election officials are still barred from beginning to process mail ballots before 7 a.m. on Election Day – even though election workers in both states have clamored for change. Georgia's State Election Board members discuss proposals for election rule changes at the State Capitol in Atlanta on September 20, 2024. The new law could delay by an hour or more – depending on the county – the posting of unofficial early results, state election officials have said. In Maricopa County, the general election ballot covers both sides of two pages – twice the length of the ballot voters encountered four years ago.

Persons: CNN —, Seth Bluestein, Ann Jacobs, “, Al Schmidt, Donald Trump, Chris McGrath, Joe Biden, Donald Trump baselessly, Rudy Giuliani, Biden, Trump, ” Jacobs, parroting, Daniel Acker, ” Schmidt, ”, Jacobs, David Becker, Sen, Jeremy Moss, Moss, Mike Stewart, Harris, “ It’s, Karen Brinson Bell, I’ll, won’t, Robyn Beck, Stephen Richer, ” Richer, Katie Hobbs, Jennifer Liewer, Liewer, “ We’ve, ” CNN’s Ethan Cohen, Marshall Cohen, Jason Morris Organizations: CNN, Republican, Democratic, Keystone State, ” Police, Philadelphia Convention Center, White, Democratic Milwaukee, Biden, Wisconsin State Assembly, Trump, Reuters, ”, Workers, US, Department, Election Innovation, Research, National Conference of State Legislatures, Democratic Detroit, Capitol, Michigan Senate, State Capitol, North Carolina State Board, Getty, Republicans, Gov, Democrat Locations: Pennsylvania, Philadelphia, “, Wisconsin, Georgia, Keystone, Democratic, Kenosha , Wisconsin, Michigan, Detroit, Atlanta, North Carolina, Phoenix, AFP, Arizona, Maricopa County, Maricopa

☆ Man City 2 Arsenal 2 – Controversial red, quick free kicks and rivalry ignited in classic
▼ + stars: | 2024-09-22 | by ( Sam Lee | James Mcnicholas | ) www.nytimes.com time to read: +11 min

John Stones sends Man City back to the top of the table 🔝#MCIARS pic.twitter.com/XY8DbUAVDD — Premier League (@premierleague) September 22, 2024Is this now a proper rivalry? AdvertisementThe tussle at the top of the Premier League is hotting up. Gabriel’s header to put them 2-1 up made it 31 Premier League goals they’ve scored from corners since the start of the 2022-23 season. I’m expecting 100 Premier League games to be 10 against 11 or nine vs 10 this season. Tuesday, September 24: Watford (H), Carabao Cup, 7.45pm BST, 2.45pm ETSaturday, September 28: Newcastle United (A), Premier League, 12.30pm BST, 7.30am ETWhat next for Arsenal?

Persons: John, Erling Haaland, Riccardo Calafiori, Gabriel, Leandro Trossard, David Raya, Sam Lee, James McNicholas, Charlie Scott, Liam Tharme, John Stones, roper, ade, ames, ree, cott, lew, alf, ecame, lear, nock, J ames, ere,, ince, ike, orth, “ Organizations: League, Etihad, Manchester City, Arsenal, City, Atalanta, Man, ards, ust Locations: ards

☆ A California Gen Xer who retired early to Colombia on a $3,423 monthly pension explains how much he pays for housing and other bills
▼ + stars: | 2024-09-22 | by ( Allie Kelly | ) www.businessinsider.com time to read: +3 min

Read previewTo Jeremy Teitelbaum, the weather in Pereira, Colombia, feels like "eternal spring." According to documents reviewed by Business Insider, he lives on his $3,423 monthly teaching pension. According to the Social Security Administration, over 700,000 US workers retired abroad in 2022, the latest available data. This trend comes as millions of baby boomers are living on fixed Social Security or pension incomes with limited savings. Once he begins collecting Social Security, Teitelbaum said his teaching pension will be reduced.

Persons: —, Jeremy Teitelbaum, Teitelbaum, Teitelbaum hasn't, Pereira — Organizations: Service, Business, International, Social Security Administration, Security Locations: Pereira, Colombia, San Luis Obispo , California, America, Texas, Panama , California, Italy, Minnesota, Mexico, California, Machu Picchu, Buenos Aires, Los Angeles

☆ Why is everything mini these days?
▼ + stars: | 2024-09-21 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +6 min

Even iced tea brand Snapple has launched an8-ounce bottle, advertised to fit in a mini bag. With the introduction of the mini skirt came the mini clutch bag and then the mini top handle bag. In one of her most popular videos, she stuffs a mini Coach Tabby bag ($195 online) with a mini Charlotte Tilbury lipstick, mini Chanel mascara, mini Tarte Shape Tape concealer, mini Chanel compact powder and a mini Versace perfume — along with other essentials. Covid made her realize she didn’t have to carry around as much as she thought she did, so she jumped on the mini bag trend. Even people who don’t use mini products are locked into Barker’s content.

Persons: New York CNN — It’s, Joe’s, stoke overconsumption, Shawn Carter, Gen Z, Alpha, Carter, ” Carter, Matt Sloan, ” Sloan, Jo Barker’s, Bean, TikTok, Tilbury, mascara, Gucci, Prada, Louis Vuitton, Barker, Covid, I’m, ” Barker, Ulta, ” Anna Keller, Minter, Jeremy Moeller, Keller, “, ” Keller, Melissa Valliant, ” Organizations: New, New York CNN, eBay, stoke, of Technologybusiness, Brands, Getty, Plastic Locations: New York, Instagram

“If we’re going to put up affordable housing, we don’t just want to house one family. We want to house five or six or eight or 25 families,” said Minneapolis Mayor Jacob Frey, who has overseen the Minneapolis 2040 plan. Trump campaign national press secretary Karoline Leavitt blamed the higher housing costs on the current administration’s policies, as well as an “unsustainable invasion of illegal aliens.” The campaign broadly said Trump’s housing plan involves freeing up federal land for housing and cutting regulations. Walz, whom Frey said was “committed to the mission” on affordable housing, signed the measure into law in May. We also need to have more active state, local and federal government policies that look to support the housing market.”

Persons: ”, Minneapolis Mayor Jacob Frey, Ben Brewer, Donald Trump, Kamala Harris, Harris, Tim Walz, Karoline Leavitt, It’s, Frey, Hennepin, Ryan Allen, “, ” Allen, Cody Fischer, ” Fischer, ” Jeremy Wieland, Wieland, didn’t, it’s, ” Wieland, Fischer, ’, Walz, University of Minnesota’s Allen, that’s Organizations: National Association of Realtors, Minneapolis Mayor, Currie, Bloomberg, Getty, Minnesota Gov, Trump, Pew Research, NBC, Ford Motor Co, Minn, University of Minnesota, Minneapolis, California Bay Area, Minnesota Environmental, Minnesota Supreme, University of Minnesota’s Locations: MINNEAPOLIS, United States, Minnesota, Minneapolis, U.S, Harrison, Hennepin County, St, Paul, California Bay, San Francisco, Oakland, ”, Northeast Minneapolis, “

Right-wing Israelis with relatives held hostage by Hamas in the Gaza Strip, and their supporters, rally in Jerusalem, on Sept.ember 19. Families of Israeli hostages still held in Gaza have held regular protests across the country, piling pressure on the government to secure their release. A group that represents the relatives of some hostages protested near the Knesset in Jerusalem on Thursday evening, asking to support the families of abductees. Tikva (Hope) Forum — a smaller, right-wing group not associated with the larger Hostages Families group — said they “want our abductees home and quickly, only crushing Hamas will bring them back.”The families from the Tikva Forum are publicly against a ceasefire deal. Riki Baruch, sister-in-law of Israeli hostage Uriel Baruch, said she appealed to the government to “use all levers of pressure on Hamas, including stopping the humanitarian aid.”

Persons: Alleruzzo, —, Riki Baruch, Uriel Baruch, ” Organizations: Hamas Locations: Gaza, Jerusalem, Lebanon, abductees . Tikva, Tikva

He accused Aqil and the commanders of planning to raid and occupy communities in Galilee in northern Israel. A photo taken in southern Beirut shows the remains of an exploded pager on Tuesday. Friday’s airstrike was the third Israeli airstrike on Beirut since hostilities began last year, after Hamas’ October 7 attack on Israel. In January, an Israeli airstrike killed Saleh Al-Arouri, deputy head of Hamas’ military wing, who had been living in Beirut. In July, a second Israeli strike on Beirut killed Hezbollah’s most senior military official, Fu’ad Shukr.

Persons: Lebanon CNN —, Ibrahim Aqil, Daniel Hagari, Aqil, Hagari, Witnesses, Friday’s, Hassan Nasrallah, Yoav Gallant, Shin, Gallant, Nasrallah, Israel, Saleh Al, Arouri, Hezbollah’s, Fu’ad Shukr, Benjamin Netanyahu’s Organizations: Lebanon CNN, Radwan Force, Israel Defense Forces, CNN, West Bank, Getty, Israel, US State Department, REUTERS, Hamas, CNN’s Locations: Beirut, Lebanon, Galilee, Israel, United States, Gaza, AFP

CNN —A senior adviser to Israeli Prime Minister Benjamin Netanyahu has presented to the Biden administration a new proposed ceasefire and hostage deal with Hamas, an Israeli official told CNN. Reactions to the proposal have widely been that it will be a non-starter for Hamas, which has not commented on it. It is unclear whether the proposal addresses the presence of Israeli troops in Gaza after a ceasefire and hostage deal – a key sticking point in stalled negotiations. The Hostages Families Forum, which has been scathing about Netanyahu’s approach to hostage negotiations, welcomed the proposal. They cited Israel’s assassinations of Hamas leaders in foreign capitals, and said they believed Sinwar would prefer to die fighting Israel than to leave Gaza.

Persons: CNN —, Benjamin Netanyahu, Biden, Gal Hirsh, Netanyahu, Yahya Sinwar, Kan, Joe Biden’s, Hirsh, Roger Carstens, Gershon Baskin, Sinwar, ”, ” Baskin, Hitler, ” Hirsh Organizations: CNN, Hamas, Families, United Nations General Assembly Locations: Gaza, Israel, Israeli, Lebanon, New York, “

☆ Data reveals how the Artemis I mission fared against space radiation
▼ + stars: | 2024-09-19 | by ( Ashley Strickland | ) edition.cnn.com time to read: +8 min

NASA’s Orion spacecraft for the Artemis I mission was successfully recovered on December 11, 2022, off the coast of Baja California. Regan Geeseman/NASARadiation worriesNASA has studied the impact of space radiation on human health for decades, dating back to the first crewed space missions of the 1960s. Long-duration space missions to the moon and Mars will expose astronauts to radiation from cosmic rays, or high energy particles that move through space. Courtesy NASAPlanning for Artemis IIIf a solar storm were to occur while the Artemis astronauts were in space, it could last for days. NASA astronaut Christina Koch participates on August 1 in crew geology training in Iceland ahead of the Artemis II mission.

Persons: Artemis II, Artemis I, Artemis, torsos, Helga, Zohar, ”, Sergi Vaquer Araujo, Araujo, ” Araujo, NASA’s, Regan Geeseman, Earth’s Van Allen Belts, Van Allen Belts, Stuart George, Kim Shiflett, ” George, George said, Artemis III, Reid Wiseman, Victor Glover, Christina Koch, Jeremy Hansen, Robert Markowitz, Kelsey Young Organizations: CNN, Orion, European Space Agency, NASA’s Orion, NASA, Space, Apollo, Space Center, Kennedy Space Center, Canadian Space Agency, Goddard Space Flight Locations: Artemis, Baja California, Earth’s, Houston, Mars, Florida, Iceland, Greenbelt , Maryland

☆ The Fed 'moved too fast' with rate cuts and now risks reigniting inflation, analyst says
▼ + stars: | 2024-09-19 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

On the positive side, Wharton professor Jeremy Siegel called the decision the "best news" the Fed has offered in years. He said the Fed "moved too fast" with its 50-point cut. This is unusual, since investors will typically snap up these assets after a rate cut. Related storiesSome on Wall Street noted that the Fed's decision to cut beyond 25 basis points was essentially a signal that the central bank is moving past inflation. To Contopoulos point, this may be premature, as August's consumer price index report still stood above the 2% inflation target.

Persons: —, Wharton, Jeremy Siegel, Michael Contopoulos, Bernstein, Contopoulos, Powell, Narayana Kocherlakota Organizations: Service, Business, Bernstein Advisors, CNBC, Wall, University of Rochester

☆ This was the best news I've heard from the Fed in years, says Wharton's Jeremy Siegel
▼ + stars: | 2024-09-19 | 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 EmailThis was the best news I've heard from the Fed in years, says Wharton's Jeremy SiegelJeremy Siegel, professor emeritus of finance at University of Pennsylvania’s Wharton School of Business and Wisdom Tree chief economist, joins 'Squawk Box' to discuss the Fed's interest rate decision, why he was 'pleasantly surprised' by the 50 basis point cut, rate path outlook, and more.

Persons: I've, Wharton's Jeremy Siegel Jeremy Siegel Organizations: University of Pennsylvania’s Wharton School of Business

☆ Crypto regulation won't be a partisan issue in upcoming U.S. election, says Circle CEO
▼ + stars: | 2024-09-18 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCrypto regulation won't be a partisan issue in upcoming U.S. election, says Circle CEOJeremy Allaire, Circle co-founder, chairman and CEO, says "no matter who wins the White House, Congress itself is set to act."

Persons: Jeremy Allaire Organizations: Circle, House

Search resuls for: "Jeremy"

25 mentions found