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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe global economic activity is picking up in Europe and China, says Janney's Mark LuschiniMark Luschini, Janney Montgomery chief investment strategist, joins 'Power Lunch' to discuss the markets, Fed, and jobs numbers.
Persons: Mark Luschini Mark Luschini, Janney Organizations: Fed Locations: Europe, China, Janney Montgomery
The S & P 500 is down by more than 3% this month, though it has still registered a more than 6% advance for the year. But many investors worry stocks have further to go before finding a durable bottom. They say stocks look overvalued even after the recent pullback, and they cite troubling headwinds for equities. 'Sell in May and go away' May has a reputation as a historically weak month for stocks. Carson Group's Ryan Detrick noted that stocks have actually been higher in May during the last nine out of 10 years.
Persons: Mark Luschini, Janney Montgomery Scott, Jeff Hirsch, he's, It's, Hirsch, Carson Group's Ryan Detrick, we've Organizations: Investors, Dow Jones Industrial, Dow, Treasury Bond ETF
Recent commentary from policymakers and on Wall Street indicates there's not much else the committee can do at this point. But they're still hopeful that they will be in a position to cut rates later." Markets actually have held up pretty well since Powell made those comments on April 16, though stocks sold off Tuesday ahead of the meeting. Some on Wall Street, though, are still hopeful that inflation data will show progress and allow the central bank to cut. The Wall Street bank's economists are preparing for the possibility that the Fed could be on hold for longer, particularly if inflation continues to surprise to the upside.
Persons: Jerome Powell, Kent Nishimura, Guy LeBas, Janney Montgomery Scott, they're, Powell, We've, there's, specter, LeBas, There's, Goldman Sachs, David Mericle, , Donald Trump, Goldman, Mericle Organizations: Banking, Housing, Urban Affairs Committee, Getty, Federal Reserve, Federal, Market Committee, Fed, Dow Jones, Department, Labor Department, Republican
Two White House officials noted that the number of speeches for Biden and Harris is similar to the two previous years. Another White House official declined to preview how Biden might address the campus unrest. Biden campaign officials say that despite the media focus on campus protests, public polling and their own research show that young voters are more concerned with other issues. "We know from the conversations we have that young voters are planning to vote, and voters are planning to vote for us," she said. Rep. Ro Khanna, D-Calif., visited multiple Wisconsin college campuses this week as a member of the Biden campaign's national advisory board.
Persons: Joe Biden, Kamala Harris, Biden, Harris, Jill Biden, Barack Obama, Karine Jean, Pierre, John Della Volpe, Della Volpe, Eve Levenson, aren't, Levenson, Ro Khanna, It's Organizations: U.S, Capitol, Montgomery County Community College, Morehouse College, U.S . Military Academy, West, Air Force Academy, White House, Barnard College, Joplin High School, White, Harvard University, Harvard Kennedy School Institute of Politics, Biden campaign's, Freedoms, Democratic, Biden, Harvard Locations: Blue Bell, Valley Forge , Pennsylvania, U.S, West, Virginia, Florida, Gaza, Wisconsin
A wave of pro-Palestinian protests spread and intensified on Wednesday as students gathered on campuses around the country, in some cases facing off with the police, in a widening showdown over campus speech and the war in Gaza. University administrators from Texas to California moved to clear protesters and prevent encampments from taking hold on their own campuses as they have at Columbia University, deploying police in tense new confrontations that already have led to dozens of arrests. At the same time, new protests continued erupting in places like Pittsburgh and San Antonio. Students expressed solidarity with their fellow students at Columbia, and with a pro-Palestinian movement that appeared to be galvanized by the pushback on other campuses and the looming end of the academic year. Protesters on several campuses said their demands included divestment by their universities from companies connected to the Israeli military campaign in Gaza, disclosure of those and other investments and a recognition of the continuing right to protest without punishment.
Organizations: University, Columbia University, Columbia, Protesters Locations: Gaza, Texas, California, Pittsburgh, San Antonio
Tokyo/Hong Kong CNN —Mitsuko Tottori admits Japan has much more to do to get people like her into the chief executive seat. Tottori was named as the first female president and chief executive of Japan Airlines (JAL) in January, crowning a career that began nearly 40 years ago when she joined the airline as a flight attendant. Tottori, pictured in 1985 using an in-flight phone, began her career as a cabin attendant at Japan Airlines. Japan Airlines' A350 airplane is on fire at Haneda international airport in Tokyo, Japan January 2, 2024. They really followed the instructions of the flight crew calmly, which I think was a big factor.
Persons: Mitsuko Tottori, , , Tottori, Issei Kato, Shukor Yusof, Seijiro Takeshita, , ” Takeshita, — CNN’s Junko Ogura, Mayumi Maruyama, Juliana Liu Organizations: Hong Kong CNN, Japan Airlines, JAL, , CNN, University of Tokyo, Women’s Junior College, Boeing, Airbus, Haneda, Endau, , Japan Inc, University of Shizuoka, ANA, All Nippon Airways Locations: Tokyo, Hong Kong, Japan, Tottori, “ Japan, Nagasaki, Haneda, Osaka, Asia, Myanmar, Fiji
In a “detailed, undeniable, unconflicted” deathbed confession to one of the investigators in the case earlier this month, Larry Webb admitted to fatally shooting Natasha “Alex” Carter, who was 10 at the time, and her mother, Susan Carter, nearly 24 years ago, Hatfield said. Webb told the investigator some of his cash in the home went missing, and Webb suspected Susan Carter had “spent a lot of money. “Almost lost hope several times.”Webb had been a suspect from the start of the investigation, authorities said. “The confession aligned with exactly the investigative efforts and the evidence collected” by authorities, Hatfield noted. Hours later, the bodies of Susan and Alex Carter were found, Hatfield said.
Persons: Benjamin Hatfield, unconflicted, Larry Webb, Natasha “ Alex ” Carter, Susan Carter, Hatfield, Webb, , ” Hatfield, Alex, Susan, ” Webb, Alex’s, Rick Lafferty, ” “ It’s, ” Lafferty, Carter, Alex Carter, Lafferty, Organizations: CNN, Authorities, Mount, Mount Olive Correctional, Montgomery General Hospital Locations: West Virginia, Raleigh County, Hatfield, Mount Olive, Montgomery
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpect more global growth and bottoming in China, says Skylar Montgomery KonigSkylar Montgomery Konig, Director of Macro Strategy at TS Lombard, discusses earnings, market concentration, and economic growth.
Persons: Skylar Montgomery Konig Skylar Montgomery Konig Organizations: TS Lombard Locations: China
When the Mexican Pizza returned to Taco Bell in May 2022, it started selling out everywhere. Dolly Parton was happy to record a video message just for the staff to boost morale. AdvertisementWhen the Mexican Pizza finally returned to Taco Bell, the demand was intense. The beloved menu item returned in May 2022 but immediately started selling out in stores — leaving employees to deal with upset customers. This story is available exclusively to Business Insider subscribers.
Persons: Dolly Parton, , Taco Bell, Taco, Taylor Montgomery Organizations: Mexican Pizza, Taco Bell, Taco Bell's, Service, Taco, Business Locations: Mexican
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRegional banks may be underpriced due to fear, says Commerce Street Holdings CEO Dory WileyDory Wiley, president and CEO of Commerce Street Holdings, and Christopher Marinac, director of research at Janney Montgomery Scott, join CNBC's 'The Exchange' to share their outlooks on bank trades, Tesla, and more.
Persons: Dory Wiley Dory Wiley, Christopher Marinac, Janney Montgomery Scott, CNBC's Organizations: Street Holdings, Commerce Street Holdings
Multiple people were reported injured on Friday after a person driving a semitrailer truck crashed into a Department of Public Safety office in Brenham, Texas, in what officials said may have been an intentional act. It was unclear exactly how many people were injured, and details about the injuries were unknown. The Texas Department of Public Safety said on social media that there were “reports of multiple serious injuries.”A suspect was taken into custody, according to the Department of Public Safety, and Texas Rangers were investigating the crash. Judge Mark Keough of Montgomery County said in a social media post that the driver had been denied a commercial driver’s license on Thursday. Dade Phelan, the Texas House speaker, also said in a post on social media that the driver “intentionally caused injury to innocent Texans.” Mr. Phelan also said the truck was stolen.
Persons: , Mark Keough, , ” Judge Keough, KHOU, Otto Hanak, Dade Phelan, ” Mr, Phelan Organizations: of Public Safety, The Texas Department of Public Safety, Department of Public Safety, Texas Rangers, CBS, Texas House, Texans Locations: Brenham , Texas, Montgomery County, Washington County, Texas
Taco Bell CMO Taylor Montgomery told BI that he eats at the chain "every other day." CEO Sean Tresvant told BI he eats at Taco Bell three to four times a week. The chain's CMO sat down with Business Insider at Live Más LIVE, its first-ever superfan convention, and revealed he eats Taco Bell "every other day." He always opts for one beef and one chicken taco, as well as a bean burrito. While their go-to orders may vary, both Montgomery and Tresvant are huge fans of Taco Bell's Cantina chicken menu, which features five new dishes — the Cantina chicken burrito, the Cantina chicken taco (available soft or crispy), the Cantina chicken bowl, and the Cantina chicken quesadilla.
Persons: Taylor Montgomery, Montgomery, Sean Tresvant, , Anneta, Sean Tresvant —, Tresvant, Liz Matthews, Taco, Taco Bell Organizations: Taco Bell, Service, Business, Taco, Bell, CNN Locations: Irvine , California, Montgomery
But this marks the first time in recent history that Bogotá has been forced to implement water rationing measures. Mayor Carlos Galán announced that water rationing measures for Bogotá would begin on April 11. El Niño is a natural climate pattern originating in the Pacific Ocean along the equator, which influences weather around the globe. In a country as politically divided as Colombia, the urgency of addressing El Niño is a rare point of consensus. Bogotá’s water rationing plans have been supported by the country’s president, who has historically had a testy relationship with the city’s mayor.
Persons: Colombia CNN —, Montgomery Burns, , El Niño, Ivan Valencia, Carlos Fernando Galán, ” Galán, It’s, El, Bogotá, Magdalena, , Armando Sarmiento, Sarmiento, Mayor Carlos Galán, Fernando Vergara, Niño, Susana Muhamad, ” CNN’s Heather Law, Ana Melgar Organizations: Colombia CNN, , Bogotá’s Javeriana University, CNN, Bogotá, El Niño Locations: Bogotà, Colombia, Bogotá, San Rafael, El, Colombian, Latin America, Mexico City, Magdalena, Colombia’s, Bogota, Mayor, Sarmiento
This year’s women’s tournament just kept getting better with every turn. That intensity is proof positive that women’s basketball has exploded. The valuation of the college game, too, is on a meteoric rise. Caitlin Clark talks with the media after Iowa's loss to South Carolina in the 2024 NCAA Women's Basketball Tournament National Championship on April 7. “I want to personally thank Caitlin Clark for lifting up our sport… she carried a heavy load,” Staley said.
Persons: Amy Bass, Read, CNN —, Georgeann Wells, Ashlyn Watkins, Rodney Bedsole, Caitlin Clark, There’s, Tara VanDerveer’s, Geno Auriemma, Rebecca Lobo, Renee Montgomery, Kerry Bascom, Sue Bird, Diana Taurasi, Maya Moore, Breanna Stewart, Dawn Staley, Pat Summit’s Lady, Clark, Kamilla Cardoso, Staley, It’s, Aaliyah Edwards, Cardoso, Paige Bueckers, Watkins, Angel Reese, We’ve, Reese, Stewart, Taylor Swift, , , Clark pandemonium –, Jason Sudeikis, Steph Chambers, MiLaysia Fulwiley, Tessa Johnson, ” Staley, Stanford’s Cameron Brink, Tennessee’s Rickea Jackson, Edwards, , Serena Williams, ” Reese, ” Kamilla Cardoso, Gregory Shamus Organizations: Manhattanville College, CNN, University of Charleston, Iowa, NCAA, Louisiana Tech, Cheyney, Nykesha, CBS, Pat Summit’s Lady Vols, Tennessee, Auriemma’s Huskies, Gamecocks, US Women’s National, WNBA, Seattle, LSU, UConn, MLB, NHL, MLS, ESPN, Getty, North, Vogue, South Carolina Gamecocks, Indiana Fever, Las Vegas Aces, Fever, Mobile, South Carolina Locations: West Virginia, South, Stanford, South Carolina, Iowa, North America
Kishida made the remarks days ahead of his Wednesday meeting with Biden in Washington, where he will also address a joint session of Congress and participate in the very first trilateral summit between Japan, the United States and the Philippines. Partnership with Japan has long been central to US strategy in the Indo-Pacific, but the defense relationship has expanded under Kishida, who has raised Japan’s profile in global and regional security. That move is not without controversy, especially in China and other parts of Asia that suffered hugely under Japan’s World War II era militarism. Building Japan’s deterrence and response capability is also “essential” for the alliance with the United States, he argued. Since taking office, Kishida has also positioned Japan as a partner to the US not only in Asia, but more globally.
Persons: Fumio Kishida, Joe Biden, ” Kishida, , Kishida, , Biden, Donald Trump, White, Trump, Kim Jong Organizations: Tokyo CNN, CNN, Biden, Partnership, East China, South Korea –, North, South Locations: Japan, Ukraine, East Asia, Tokyo, United States, Washington, Philippines, Russia, South, Taiwan, China, Asia, East, South China, South Korea, America’s, Europe, North Korea, Moscow, Pyongyang
Banners herald Los Angeles Dodgers megastar Shohei Ohtani and Toronto Blue Jays pitcher Yusei Kikuchi, their faces greeting every visitor. But now, Hanamaki Higashi High School celebrates a new prodigy in its midst – one whose high-school records beat even those of Ohtani and Kikuchi. “The presence of legends like Shohei Ohtani and Yusei Kikuchi were a huge factor as to why I got into baseball – I fell in love with the sport,” Sasaki told CNN. Now, with the emergence of three baseball stars from Hanamaki Higashi, Sasaki’s teammates swell with pride at the honor of walking the same corridors. Despite its status as a public school with a modest baseball budget, Hanamaki Higashi has impressively produced three outstanding athletes.
Persons: Shohei, Yusei Kikuchi, Hanamaki, Kikuchi, Rintaro Sasaki doesn’t, ” Sasaki, Sasaki, he’ll, , Hiroshi, Ohtani, Shohei Ohtani, , Taichi Murakami, Hanamaki Higashi, it’s Organizations: Japan CNN —, Los Angeles Dodgers, Toronto Blue Jays, School, baseball, CNN, Stanford University in, Stanford, Los Angeles Angels, Angel, Kyodo, baseball’s, Dodgers, American League Locations: Hanamaki, Japan, Iwate prefecture, Stanford University in California, America, , Anaheim , California, Higashi, Hanamaki Higashi
Marilyn Lands, a Democrat, won a special election Tuesday for a State House seat in Alabama after campaigning on access to abortion and in vitro fertilization, underscoring the continued political potency of reproductive rights. Ms. Lands defeated her Republican opponent, Teddy Powell, by about 25 percentage points — an extraordinary margin in a swing district where she lost by seven points in 2022. The special election was called when David Cole, the Republican who had held the seat, resigned and pleaded guilty to voter fraud. “Today, Alabama women and families sent a clear message that will be heard in Montgomery and across the nation,” Ms. Lands, a licensed counselor, said Tuesday night. And last month, the Alabama Supreme Court ruled that frozen embryos were people with rights — upending I.V.F.
Persons: Marilyn Lands, Teddy Powell, David Cole, , Roe, Wade, — upending, Kay Ivey, Powell, Heather Williams, ” Ms, Williams, Biden’s, Donald J, Trump, Mr, Julie Chavez Rodriguez Organizations: Democrat, House, Lands, Republican, Republicans, Alabama Legislature, Democratic Legislative, Committee, Locations: Alabama, Montgomery,
The canary in the coal mine for Republicans on the issue of abortion is becoming a full symphony in this cycle's elections. In a stunning turn, a Democrat handily won an Alabama race in a blowout Tuesday night after campaigning almost entirely on reproductive rights. Marilyn Lands, a licensed mental health counselor, emerged from the special election for a state legislative seat with 62% of the vote, compared with 37% for Republican Teddy Powell. Typically with IVF, multiple embryos are created to improve the chances of conception, and unused ones can be destroyed. After the IVF ruling, Alabama lawmakers moved quickly to protect patients and doctors from legal liability for destruction of embryos.
Persons: Marilyn Lands, Republican Teddy Powell, Republican David Cole, doesn't, Trump, Joe Biden, Kamala Harris, Powell, Kay Ivey, Roe, Wade Organizations: Republicans, Democrat, Alabama, Republican, Republican Gov, U.S, Supreme Locations: Alabama, Montgomery, California, Michigan, Vermont, Kansas , Kentucky, Montana and Ohio
Home prices in many cities are climbing, but there are still affordable cities to be found. Recently released data by the NAR shows cities with median home prices under $200,000. The average sale price of existing single-family homes is $384,500 in the United States. The NAR released a report in February that tracked the median sales price of existing single-family homes in cities across the country. Here are 15 cities where you can still buy a single-family home for under $200,000.
Persons: , WalletHub, they're Organizations: NAR, Service, National Association of Realtors, Business Locations: Jackson , Missouri, Montgomery , Alabama, United States, New York, Los Angeles
James D. Robinson III, who as chief executive of the American Express Company from 1977 to 1993 helped transform Wall Street into a more competitive financial marketplace, with a wide diversity of businesses housed under single roofs, died on Monday in Roslyn, N.Y., on Long Island. The death, at a hospital, was caused by respiratory failure from recurrent pneumonia, Walter Montgomery, a spokesman for the family, wrote in an announcement. A soft-spoken son of the Georgia gentry, Mr. Robinson followed a well-worn path to financial success, power and influence: from private school to the Ivy League and then on to the moneyed canyons of Lower Manhattan, with side trips to the corridors of Capitol Hill. In Washington, he was among Wall Street’s most influential advocates for deregulating the financial industry and widening its horizons. Some called him the unofficial secretary of state for corporate America.
Persons: James D, Robinson III, Walter Montgomery, Robinson, Wall Organizations: American Express Company, Ivy League, America Locations: Roslyn, N.Y, Long, Georgia, Lower Manhattan, Capitol, In Washington
Senator Katie Britt, Republican of Alabama, had not finished delivering her breathless, overly dramatized and fact-challenged response to President Biden’s State of the Union address last week when the ridicule and criticism began pouring in from Republicans and Democrats alike. Her delivery from an oddly empty kitchen was stilted and awkwardly strident. And, as a freelance journalist soon discovered, she used a misleading account of sex trafficking to criticize border policies, falsely implying that it had taken place in the United States under Mr. Biden. In fact, it happened many years ago in Mexico during the administration of President George W. Bush. It will no doubt shadow her budding Senate career as the single thing most Americans know about her.
Persons: Katie Britt, Biden, George W, Bush, Ms, Britt Organizations: Republican, Union, Republicans, Democrats Locations: Alabama, Biden’s, United States, Mexico, Montgomery , Ala, United States of America
Stock futures are near flat Thursday night as investors analyzed the fresh batch of corporate earnings and attempted to look beyond the latest inflation reading. S&P 500 futures and Nasdaq 100 futures were also both little changed. The S&P 500 and Nasdaq each fell around 0.3%. Bond yields climbed in the session — with the benchmark 10-year Treasury reaching 4.29% — as investors wondered if the recent economic data was too strong for the Federal Reserve to loosen monetary policy. Investors will watch Friday morning for economic data on topics such as consumer sentiment, import prices and industrial production.
Persons: Dow, Mark Luschini, Janney Montgomery Scott, Luschini Organizations: Dow Jones Industrial, Nasdaq, Adobe, Treasury, Federal Reserve, Dow
OAK RIDGE NORTH, Texas (AP) — A man suspected of several robberies in southeastern Texas was fatally shot Monday night by officers with a joint task force after they saw him rob a liquor store, authorities said. The man, whose name was not immediately released, fled officers who had been monitoring him before seeing him rob the liquor store in Oak Ridge North at gunpoint, according to Montgomery County District Attorney Brett Ligon. The officers then tried to arrest the man, but he fled on foot in the strip mall where the liquor store is located. “The officers, fearing for their safety, discharged their weapons, the suspect dies.”Ligon said a report on the shooting will be submitted to a grand jury to determine whether the officers acted appropriately. None of the officers were injured and all are on paid leave pending investigations into the shooting.
Persons: Brett Ligon, “ Let's, Ligon, ” Ligon, , Organizations: Houston, Harris County sheriff's Locations: NORTH, Texas, Oak Ridge, Montgomery County, Houston, Harris County
“This is the United States of America, and it is past time, in my opinion, that we start acting like it,” Ms. Britt said. “President Biden’s border policies are a disgrace.”As a rhetorical device, it would be hard conjure up a more powerful and resonant example. In a video released shortly after that trip, Ms. Britt discussed Ms. Jacinto’s experiences. “I thought it was very strange.”She said she preferred to keep politics out of the question of human trafficking. “The work I do is not a game.”A spokesman for Ms. Britt, Sean Ross, stood behind her speech.
Persons: Katie Britt, Donald J, Britt, Ms, George W, Bush, Biden, Biden didn’t, , , Karla Jacinto Romero, Jacinto, Jonathan Katz, Sean Ross, Mr, Ross, Andrew Bates, Britt’s, Marsha Blackburn, Rosi Orozco, Blackburn, Karla, ” Andy McCullough, that’s, Pope Francis, Chris Smith of, McCullough Organizations: Republican, White, Times, Biden, U.S, Vatican Locations: Alabama, Montgomery , Ala, Biden’s, United States of America, Mexican, United States, Texas, Mexico, TikTok, U.S, Latin America, Eagle Pass , Texas, Tennessee, Chris Smith of New Jersey
CNN —Mount Fuji, a UNESCO World Heritage site and an icon of Japan, is putting new regulations in place for climbers amid concerns about overcrowding. “By strongly promoting comprehensive safety measures for climbing Mount Fuji, we will ensure that Mount Fuji, a treasure of the world, is passed on to future generations,” said Koutaro Nagasaki, governor of Yamanashi Prefecture. “In order to revive traditional mountain climbing from the foot of Mount Fuji, we will gain a detailed understanding of the Fuji-ko and Oshi culture that supported Mount Fuji worship. This 2023 photo shows a crowd of visitors beginning their Mount Fuji ascents. Mathiad Cena/AFP/Getty ImagesAccording to prefectural data, five million people hiked Mount Fuji in 2019, a rise of three million from 2012.
Persons: , Koutaro Nagasaki, Mathiad Cena, “ Overtourism, Masatake Izumi, Tomoyo Takahashi, Takahashi, Hanako Montgomery Organizations: CNN, Mount, UNESCO, Fuji, Mount Fuji, Heritage Fuji Division, CNN Travel Locations: Japan, Yamanashi, Yamanashi Prefecture, Kasai, Kyoto, Hatsukaichi, Hiroshima
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