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Not that long ago, Republican presidents were carrying out the Clean Air and Water Acts, creating the Environmental Protection Agency, expanding the National Park System and even initiating the country’s most authoritative report on climate change, the National Climate Assessment. Many of today’s Republican leaders stoke fear and anger by mocking the most divisive climate activists while claiming that every environmental solution is a radical one. If they’re not doing that, Republicans can often be found on the sidelines and disengaged from the issue completely. Instead of continuing the environmental legacy they were once known for, they have ceded the fight against climate change to Democrats, putting themselves on the wrong side of history. In other words, Donald Trump’s denial of climate change probably cost him the White House.
Persons: they’re, Biden, Donald Trump’s, Gavin Newsom Organizations: Environmental Protection Agency, Park System, Republican, stoke, University of Colorado, Democratic Party, Green Locations: Boulder, California
Bank of America says the ongoing "anything but bonds" bull market has led to a very top-heavy stock market. The firm is watching real 10-year yields and credit spreads for signals of when that AI-led rally could end. BofA says higher yields and tighter spreads could sound recession alarms and spur a stock sell-off. The key piece is the cohort of mega-cap tech companies that have long dominated stock-market performance, largely because of their affiliation with AI. In the meantime, if you subscribe to BofA's view, you should be watching the 10-year real yield for a signal of when any such downturn is coming.
Persons: BofA, , YCharts There's Organizations: of America, Service, Bank of America, Apple, Nvidia, Microsoft
Read previewBefore I shopped at Trader Joe's, I was never loyal to any one grocery store. That's why when I worked near Trader Joe's, I stopped there daily. I also began to notice how long the Aldi produce he bought lasted in our fridge. It didn't feel cramped like Trader Joe's, which made browsing easier. Just like the seasonal items that stoke Trader Joe's fandom, Aldi's Finds are ever-changing and quirky.
Persons: , Joe's, I'd, Adam McCullough, Shutterstock, Aldi's, I've Organizations: Service, Business, Aldi, stoke Locations: Aldi
Jefferies said Janus International is an undervalued small cap name that can outpace peers in the storage sector. The firm initiated coverage of the self storage stock with a buy rating and a $20 per share price target. Janus International stock has risen nearly 8% in 2024. Analyst Philip Ng said that while Janus remains outside of investor focus, he thinks the stock is undervalued compared with peer small cap storage firms. "As the only national player with a full-service solution, JBI has strong pricing power," he added.
Persons: Jefferies, Janus, Philip Ng, it's, Ng, JBI, Michael Bloom Organizations: Janus International, stoke
Though fraught with obstacles, the decision to bring abortion back to the fore was one Tusk had to make. Donald Tusk leads a broad coalition which is divided on how to tackle the issue of abortion. Third Way lawmakers have also supported a referendum on changes to the abortion law, a potentially long-running saga that Tusk is eager to avoid. Poland’s near-total abortion banThe move by PiS to dramatically toughen already restrictive abortion laws in 2020 set off a heated fight in Polish politics whose ruptures are still closely felt. That effort was blocked by opposition lawmakers, many of whom now find themselves in Tusk’s coalition.
Persons: Donald Tusk’s, Tusk, Andrzej Duda, Lewica, Donald Tusk, Omar Marques, ” Izabela, PiS, liberalize, Szymon Holownia, Wojtek Radwanski, President Duda, Leszczyna, TVP, Duda, Tusk’s Organizations: CNN, European Union, Getty, Justice, Poland’s, Health, TVP, Ministry, Third, stoke Locations: Poland, Europe, Polish, Poland’s, Warsaw, AFP
Why gold prices are at record highs
  + stars: | 2024-04-09 | by ( John Towfighi | ) edition.cnn.com   time to read: +6 min
Central banks see gold as a long-term store of value and a safe haven during times of economic and international turmoil. When interest rates fall, gold prices tend to rise, as bullion becomes more appealing than income-paying assets like bonds. Investors also regard gold as a hedge against inflation, betting bullion will retain its value when prices rise. The People’s Bank of China bought gold for the 17th straight month in March, adding 160,000 ounces to bring reserves to 72.74 million troy ounces of gold, according to Reuters. Higher oil prices are likely to stoke concerns over inflation, boosting gold prices, according to the UBS research note.
Persons: China —, Ulf Lindahl, Lindahl, Morgan, JP Morgan, Janet Yellen’s, Yellen, Mark Zandi, Jerome Powell, Wells, Richard Galanti, It’s Organizations: New, New York CNN, Investors, Federal Reserve, China, People’s Bank of China, Reuters, UBS, Research Associates, Moody’s, of Commerce, Costco Locations: New York, China, India, Turkey, Central, Wells Fargo
A new report from Microsoft shows how Chinese social-media accounts have used AI. The accounts target East Asian countries but also aim to influence US elections, per the report. AdvertisementMicrosoft says in a new report that China will use AI-generated media to influence elections in East Asian countries and the US. AdvertisementMany of the Chinese social-media messages ask followers to comment about which presidential candidates they support. Microsoft said the "accounts could be operating to increase intelligence gathering around key voting demographics within the United States."
Persons: , Hillary Clinton, Donald Trump, Trump Organizations: Microsoft, CCP, Service, Microsoft Threat Intelligence, National Intelligence, Chinese Communist Party, Reuters, CIA Locations: China, East, East Asia, Hawaii, Kentucky, United States, PRC
“We must free Assange now!” the text in both fundraising messages reads. Kennedy campaign spokesperson Stefanie Spear told CNN that the language used in the fundraising emails was “an error” and that the campaign has terminated its contract with the vendor responsible. It was inserted by a new marketing contractor and slipped through the normal approval process,” Spear said in a statement. “(Trump) overthrowing — trying to overthrow the election clearly is threat to democracy,” Kennedy said on CNN’s “Erin Burnett OutFront” on Monday. Trump has said he would pardon a “large portion” of January 6 rioters if he’s reelected.
Persons: Robert F, Kennedy Jr, , overreach, Julian Assange, Assange, , doesn’t, Ed Snowden, Donald Trump, Kennedy, Stefanie Spear, Spear, ” Spear, Joe Biden, Biden, , ” Kennedy, “ Erin Burnett OutFront ”, I’m, Erin, ” Trump, Trump, he’s Organizations: CNN, Wednesday, WikiLeaks, Capitol, American Citizen, J6, Washington DC, Trump, Republican Locations: Washington
For those that can afford them, the large villas at Whitmore Heath offer the tranquillity of the countryside within striking distance of urban centers like Stoke-on-Trent and Stafford, an hour’s drive north of Birmingham, the largest city in the English Midlands. Yet on Heath Road, where some house prices have exceeded a million pounds (about $1.3 million), padlocked gates and signs warn trespassers of CCTV security monitoring. Outside one house stands a dumpster filled with waste while the roof of another is carpeted with a veneer of moss. Peer through the large windows of a family home, and not a single piece of furniture can be seen inside. This scene of abandonment is a byproduct of a multibillion-dollar rail project that has spanned three decades and six prime ministers — a case study in the problems Britain encounters when planning large-scale infrastructure, and of the scarring that remains when such projects go awry.
Persons: Whitmore Heath, Locations: Whitmore, Stoke, Trent, Stafford, Birmingham, English Midlands, Heath
The visits come amid a notable lull in Trump’s campaign activity in the weeks since he became the presumptive GOP presidential nominee. Along with Pennsylvania, Trump’s stunning 2016 victories in Michigan and Wisconsin produced a seismic crack in the so-called blue wall of states Democrats had relied on in every election going back to 1992. Early polls suggest Michigan and Wisconsin pose a challenge for Biden and an opportunity for Trump to mine for electoral votes in the upper Midwest. The former president attacked Wisconsin State Assembly Speaker Robin Vos in 2022 for refusing to decertify the state’s presidential result, which he did not have the power to do. However, Trump’s campaign has yet to air a single ad in the state.
Persons: Donald Trump, Trump, Joe Biden, Trump’s, Biden, Robin Vos, Brianna Johnson, ” “ Trump, , , Johnson, Wisconsin Democrats “, Republican Sen, Ron Johnson, Chris LaCivita, Biden’s, Ruby Garcia, , ” Trump, Pete Hoekstra, MAGA, ” Alyssa Bradley, ” CNN’s Kate Sullivan Organizations: CNN, Republicans, Badger State, White, Democratic, Democrats, Biden, Michigan, Republican, Trump, Wisconsin State, Wisconsin Democrats, Southern Locations: Michigan, Wisconsin, Grand Rapids , Michigan, Mexico, Green Bay , Wisconsin, Pennsylvania, stoke, ” Though Michigan, West Michigan
Iran may now be compelled to respond despite its unwillingness to enter war with Israel and the United States. And it has increased such attacks since October 7, when Iran-backed Hamas attacked Israel, killing 1,200 people and kidnapping 250, prompting a devastating Israeli war in Gaza. “That would mean that the Israeli attack on Iran has put a target on the backs of American troops in the Middle East,” he said. Washington has, however, tried to distance itself from Monday’s Israeli attack. Attack Israeli interests abroadAfter past attacks on Iran, Israel has often anticipated Iranian retaliation on its interests in foreign countries, and beefed up security at its embassies.
Persons: Donald Trump, Qassem, Israel hasn’t, , Daniel Hagari, Hossein Amir, Abdollahian, ” Amir, Israel, CNN’s Paula Newton, Parsi, Biden, Israel Iran’s, Houthis, Sanam Vakil, Jalal Rashidi, Vakil, Omar Sanadiki, ” Vali Nasr, , Farzan Organizations: CNN, Seven, Revolutionary Guards, Israel Defense Forces, Iran’s, Quincy Institute, Responsible, Islamic, US National Security, Israel, Hezbollah, Chatham House, State Department, Chatham, ” stoke, UN, Global Governance Locations: Iranian, Damascus, Baghdad, Iran, Israel, United States, Syria, Gaza, Quds, Swiss, Tehran, Washington ,, Iraq, Jordan, Washington, Islamic Republic, Lebanon, Iraqi, East, North Africa, London, Argentina, India, Georgia, Thailand, Jalal Rashidi Kochi, Azerbaijan, , Chatham House, , Switzerland
Here's a rapid-fire update on all 33 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Amazon's recent AI moves have been impressive, specifically its close relationship with fellow Club holding Nvidia and, most recently, its multibillion-dollar venture investment in startup Anthropic. Best Buy : We added the electronics and appliance retailer to the portfolio shortly after the Monthly Meeting concluded. 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: Jim Cramer's, Jim, Jim Cramer, Reckitt Benckiser, Abbott, We've, Here's, Salesforce, that's, Walt Disney, Nelson Peltz, Estee Lauder, he'd, Ford, We're, we'll, Vimal Kapur, Kapur, Linde, Eli Lilly, TikTok, Meta's Ray, Morgan Stanley, Reddit, Morgan, Ted Pick, he's, it's, Stanley Black, Decker, TJ Maxx, Wells, Wynn, Spencer Platt Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Department of Justice, Abbott Laboratories, Nvidia, Broadcom, Investors, Bausch Health, Pharmaceuticals, Costco Wholesale, Costco, GTC, Coterra, DuPont De Nemours, DuPont, stoke, Peltz, Disney, Eaton Corporation, Ford, General Motors, Wall, GE Healthcare Technologies, General Electric, Apple, Google, Bloomberg, . Honeywell, Honeywell, UBS, Meta, Microsoft, Palo Alto Networks, Palo Alto, Procter & Gamble, Starbucks, Constellation Brands, Stanley, TJX, Marshalls, Wynn Resorts, Jim Cramer's Charitable, Traders, New York Stock Exchange, Getty Locations: China, Costco, U.S, East, Mexican, Growth, HomeGoods, Wells Fargo, Macao
Reddit could be in trouble after a strong public market debut, according to New Street Research. The firm is the first on Wall Street to issue a stock rating on Reddit. Reddit went public Thursday after pricing its IPO at $34 per share. "High margin data licensing and direct response advertising will drive operating leverage over the mid and long term," Salmon said. "Expense growth slowed beginning in 1Q23, owing to operating efficiencies put into place throughout 2023 and Reddit remains focused on improving leverage over the long term."
Persons: Reddit, Dan Salmon, Salmon Organizations: New, Research Locations: 1Q23
BeeBright | Getty ImagesLONDON — The U.S. and U.K. on Monday accused hackers linked to the Chinese state of being behind "malicious" cyber campaigns targeting political figures, in moves expected to stoke tensions with Beijing. The British government also alleged that China-affiliated hackers were behind an attack that saw the data of millions of voters accessed. "I can confirm today that Chinese state-affiliated actors were responsible for two malicious cyber campaigns targeting our democratic institutions and parliamentarians," British Deputy Prime Minister Oliver Dowden said in a speech to Parliament on Monday. "We want now to be as open as possible with the House and the British public," Dowden said. U.S. hits out at ChinaSeparately, the U.S. Justice Department unsealed an indictment Monday accusing Chinese state-linked hackers of being behind cyber campaigns targeting U.S. businesses, government officials and politicians.
Persons: Oliver Dowden, Dowden, Ni Gaobin, Weng Ming, Cheng Feng, Peng Yaowen, Xiong Wang, Zhao Guangzong, Merrick B, Garland Organizations: Getty, stoke, Electoral, Electoral Commission, Embassy, Google, APT31, U.S . Justice Department, DOJ Locations: U.S, Beijing, China, Britain, APT31 ., United States
Four men accused of staging the Russia concert hall attack that killed more than 130 people appeared before a Moscow court Sunday showing signs of severe beatings as they faced formal terrorism charges. There had been earlier conflicting reports in Russian media outlets that said three or all four men admitted culpability. Russian media said Saturday that one of the suspects had his ear cut off during interrogation. A steady stream of people added to a makeshift memorial near the burned-out concert hall, creating a huge mound of flowers. Igor Pogadaev was desperately seeking any details about his wife, Yana Pogadaeva, who went to the attack concert.
Persons: Dalerdzhon Mirzoyev, Saidakrami Rachabalizoda, Shamsidin Fariduni, Mukhammadsobir Faizov, Rachabalizoda, Mirzoyev, Vladimir Putin, Andrey Kondakov, Marina Korshunova, Rescuers, Igor Pogadaev, Yana Pogadaeva, Pogadaev, couldn't, wasn't, Putin, Russia's Organizations: Associated Press, Crocus City Hall, Islamic State, RIA Novosti, Moscow's Department of Health, Ministry Locations: Crocus, Krasnogorsk, Moscow, Russia, Basmanny, Tajikistan, Russian, Ukraine
On Thursday, Xiaomi will officially launch the SU7 electric vehicle and begin taking orders. Xiaomi CEO Lei Jun on Monday teased the price of the Chinese firm's first electric vehicle ahead of its official launch this week. Xiaomi Group President Weibing Lu told CNBC previously that the company is targeting the premium segment of the electric car market. The EV market is in the midst of a price war which was sparked by Tesla at the end of 2022. "Three years ago, I announced that Xiaomi was going to enter the EV market.
Persons: Xiaomi, Lei, Lei Jun, Weibing Lu, Li Auto, Tesla Organizations: Weibo, Xiaomi, CNBC, stoke, EV Locations: Hefei, Anhui Province, China, Xiaomi
Stock futures were little changed on Monday after a bounce back in tech shares ahead of Nvidia's inaugural artificial intelligence conference. Heading into Tuesday, Nvidia shares showed signs of cooling as investors shift their focus to the Federal Reserve's two-day policy meeting. Futures tied to the S&P 500 slipped 0.12%, while Dow Jones Industrial Average futures slid 8 points, or 0.02%. AI leader Nvidia pulled back roughly 1% in extended trading, as investors evaluate the news from its first-ever GTC Conference. Wall Street is awaiting guidance on the path forward for monetary policy as the Federal Reserve begins its two-day policy meeting on Tuesday.
Persons: Jensen Huang, Blackwell, iPhones, Sam Millete Organizations: Nvidia, Federal, Dow Jones Industrial, Nasdaq, Conference, Tech, Google, Apple, Bloomberg, stoke, Federal Reserve, Commonwealth Financial Network
Trump's trade policies would be "recessionary" and could make inflation worse, according to Kenneth Rogoff. The Harvard economist pointed to Trump's proposed tariffs on imports, including a 60% tariff on Chinese goods. AdvertisementDonald Trump's proposed tariffs on imports would have "recessionary" effects on the US economy and could end up sending inflation higher again, according to top economist Kenneth Rogoff. Rogoff said that Trump's proposed policies and Joe Biden's Inflation Reduction Act make them both the "most protectionist" presidential candidates the US has seen in a while, Rogoff said to Bloomberg on Wednesday. That could hamper economic growth and stoke inflation, making Trump one of the biggest threats to the global economy, "Dr. Doom" economist Nouriel Roubini recently argued.
Persons: Kenneth Rogoff, , Donald Trump's, Rogoff, Trump's, Joe Biden's, Doom, Nouriel Roubini, Biden, Donald Trump, overspending Organizations: Harvard, Bloomberg, Service, International Monetary, stoke, Trump, Bank of America, Project Syndicate Locations: China, stoke, Washington, Japan
Harris was nearby in Minnesota, making what is believed to be the first visit of a sitting president or vice president to a clinic that provides abortion services. “Big crowds in Fort Pierce, Florida, for the Biden induced Witch Hunt against his political opponent, ME!,” Trump said on his Truth Social platform. The president has been barnstorming key swing states since delivering a combative State of the Union address a week ago. The vice president, the first woman in her position, spoke frankly about the medical care provided at clinics like the one she visited. “I will never do anything that will jeopardize or hurt Social Security or Medicare,” Trump told the right-wing news outlet during a sitdown at Mar-a-Lago.
Persons: Joe Biden, Kamala Harris, , Donald Trump, Biden, Harris, Jack Smith, Aileen Cannon, Witch Hunt, ” Trump, Trump, Chuck Schumer, Benjamin Netanyahu, Israel “, , Netanyahu, Gaza –, Harris’s, ” Harris, Julie Chavez Rodriguez, Roe, Wade, they’ll, Breitbart, , we’re, pounced Organizations: CNN, Midwest, Trump, Democratic, Biden, White House, New York Democrat, MSNBC, Social Security, GOP, Security, CNBC Locations: Florida, Wisconsin, Michigan, Gaza, Minnesota, stoke, Fort Pierce , Florida, Palestinian American, Chicago, Pennsylvania, Georgia, New Hampshire, . Michigan, Saginaw County, Israel, Israel’s, Rafah, Minnesota’s Twin, Colorado, Arizona, Mar
Read previewGood news for the economy can be bad news for stocks, thanks to a weird quirk of market logic. Positive economic developments such as strong GDP growth, robust employment gains, and mild inflation tend to drive stocks higher in the long run. Yet their implications for interest rates have mattered more to stocks in recent months. That buoys stocks by fueling spending across the economy and demand for risk assets. It's bizarre that some stock investors are now hoping for the economy to soften so the Fed will start cutting rates, even though a booming economy is good news for stocks.
Persons: , hasn't, they've, Jerome Powell Organizations: Service, Business, Federal Reserve, Wall, Swissquote Bank
By Patricia Zengerle and Michael MartinaWASHINGTON (Reuters) - Leaders of U.S. intelligence agencies urgently pressed members of the House of Representatives on Tuesday to approve additional military assistance for Ukraine, saying it would not only boost Kyiv as it fights Russia but discourage Chinese aggression. "That has consequences for American interests that go ... directly to our interests in the Indo-Pacific," CIA Director William Burns told the House of Representatives' Intelligence committee's annual hearing on Worldwide Threats to U.S. security. The Latest Photos From Ukraine View All 96 ImagesThe measure has passed the Democratic-run Senate, and both Republicans and Democrats in the House say it would pass if the chamber's Republican leaders allowed a vote. Photos You Should See View All 60 ImagesRepresentative Mike Turner, chairman of the House intelligence committee, noted that some members of Congress support aid to Ukraine but "I believe, mistakenly," contend that Kyiv can afford a delay. (Reporting by Patricia Zengerle and Michael Martina; Editing by Daniel Wallis)
Persons: Patricia Zengerle, Michael Martina WASHINGTON, William Burns, Burns, Mike Johnson, Donald Trump, Mike Turner, Michael Martina, Daniel Wallis Organizations: CIA, Representatives, stoke, Republican, Russian, Democratic, Republicans, Democrats Locations: Ukraine, Russia, Israel, Gaza, Pacific
Senior intelligence officials warned on Monday that without additional American aid, Ukraine faced the prospect of continued battlefield losses as Russia relies on a network of critical arms suppliers and drastically increases its supply of technology from China. In public testimony during the annual survey of worldwide threats facing the United States, the officials predicted that any continued delay of U.S. aid to Ukraine would lead to additional territorial gains by Russia over the next year, the consequences of which would be felt not only in Europe but also in the Pacific. “If we’re seen to be walking away from support for Ukraine, not only is that going to feed doubts amongst our allies and partners in the Indo-Pacific; it’s going to stoke the ambitions of the Chinese leadership in contingencies ranging from Taiwan to the South China Sea,” William J. Burns, the C.I.A. director, told Congress. The assessment marked a sharp turn from just a year ago, when Ukraine’s military appeared on the march and the Russians seemed to be in retreat.
Persons: ” William J, Burns Organizations: stoke Locations: Ukraine, Russia, China, United States, Europe, Taiwan, South China
Mr. Trump met with Ms. Riley’s parents before taking the stage, and the Trump campaign distributed signs at the rally with Ms. Riley’s photograph. At one point, Mr. Trump slurred his words and pretended to stutter in a mocking imitation of the president, who has dealt with a stutter since childhood. It was one of several such attacks Mr. Trump lobbed during the event. Mr. Trump called Ms. Willis “corrupt,” referring to allegations that she benefited financially after becoming romantically involved with a lawyer whom she hired on the case. “Perfect phone call,” Mr. Trump said, “other than we challenged the honesty of this election.
Persons: Donald J, Trump, Biden’s, Joe Biden, , Mr, Biden, Laken Riley, ” Mr, Riley’s, Trump’s, Riley, “ Joe Biden, Megyn Kelly, Jeff Zucker, Fani, Willis, Willis “, , Maggie Haberman Organizations: Saturday, stoke, Republican, Trump, Mr, State, NBC Locations: Biden’s, Rome, Georgia, United States, Venezuelan, South America, America, New York
Ron Gutman, a tech entrepreneur, shared his 'stoke, stage, stack' framework to make habits last. Gutman runs 365 days a year, even when it's snowing because he's always prepared for the environment. One tech entrepreneur shared his "stoke, stage, stack" framework that turns goals into long-lasting habits. "I run every morning, no fail, 365 days a year," Gutman said adding that he runs on the beach or in the park. If I didn't have the proper running shoes, I would very quickly hurt myself.
Persons: Ron Gutman, Gutman, he's, , You'll, " Gutman, it's, James Clear's, BJ Fogg's, BJ Fogg Organizations: Service, Stanford University Locations: stoke
Stellar prices for gold have also stolen investor attention, with the precious metal scaling a new record of over $2,100. The record-breaking numbers for markets, however, haven't stopped some investors from worrying about three key issues. Inflation resurgenceAfter months of cooling, U.S inflation is proving itself to be more stubborn than experts had predicted. That's despite the Federal Reserve embarking on an aggressive monetary policy campaign over the past year, in a bid to tame consumer price pressures from their 40-year highs. Ariel Investments' Vice Chair Charlie Bobrinskoy told CNBC markets are not focused on China's residential real estate problems.
Persons: Michael M, haven't, Nobel, Paul Krugman, Mark Zandi's, Mark Zandi, Krugman, Nouriel Roubini, Doom, Trump, Marko Kolanovic, Mohamed El, Erian, Ariel, Charlie Bobrinskoy Organizations: New York Stock Exchange, Santiago, Federal, stoke, Allianz, Bloomberg, CNBC, El, Ariel Investments Locations: New York City, U.S, China
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