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☆ Euro eases on French poll gridlock, dollar sluggish after US payrolls
▼ + stars: | 2024-07-08 | by ( ) www.cnbc.com time to read: +3 min

The euro slipped on Monday after projections from France's election pointed to a hung parliament amid an unexpectedly strong showing for a left-wing alliance, spawning fresh uncertainty over the country's fiscal outlook. The euro slipped on Monday after projections from France's election pointed to a hung parliament amid an unexpectedly strong showing for a left-wing alliance, spawning fresh uncertainty over the country's fiscal outlook. The yen headed for a third day of gains after rebounding from last week's nearly 38-year trough to the dollar. The euro was 0.06% lower at $1.0827, and earlier slid as much as 0.4% as investors weighed the consequences of a hung French parliament. The dollar slipped 0.07% to 160.70 yen, down from as high as 161.96 on Wednesday.

Persons: Sterling, Emmanuel Macron's, Chris Weston, Macron, Weston, bitcoin Organizations: Federal Reserve, Labour, Conservative, New Popular Front, Le, Traders Locations: Gox

☆ France avoided a far-right election win — now the radical far-left is demanding power
▼ + stars: | 2024-07-08 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +2 min

Founder of left-wing party La France Insoumise (LFI) Jean-Luc Melenchon reacts during the election night of left-wing party La France Insoumise (LFI) following the first results of the second round of France's legislative election at La Rotonde Stalingrad in Paris on July 7, 2024. After the left-wing's election success in France on Sunday, all eyes are now on radical firebrand Jean-Luc Mélenchon who has demanded the left be given the premiership and a chance to govern following its unexpected election win. The New Popular Front (NFP) coalition — of which Mélenchon is the self-appointed figurehead — won the largest number of seats in the second round of France's snap parliamentary election. Europe had braced itself for France's far-right to win the largest number of votes in the second round of France's snap election. French President Emmanuel Macron's centrist "Together" bloc came in second with 163 seats and the far-right National Rally and its allies won 143 seats.

Persons: Jean, Luc Melenchon, Luc Mélenchon, —, Mélenchon, Emmanuel Macron's, Gabriel Attal, Mélenchon —, Hugo Chavez, he'd Organizations: France, La Rotonde, Front, NFP, France Unbowed, Socialist Party, French Communist Party, National Assembly, NATO Locations: La, La Rotonde Stalingrad, Paris, France, Europe

☆ CNBC Daily Open: French far-right advance blocked
▼ + stars: | 2024-07-08 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Far-right advance thwartedFrance's left-wing New Popular Front coalition unexpectedly blocked a far-right advance in the parliamentary run-off vote, securing the largest number of seats but falling short of an absolute majority. Gox bankruptcy estate confirmed that repayments in bitcoin and bitcoin cash had commenced, likely fueling investor concerns of a massive sell-off. However, recent profit-taking and valuation concerns led to a pullback and a rare downgrade from a Wall Street analyst.

Persons: France's, Jan Hatzius, Goldman Sachs, Bitcoin, Emmanuel Papadakis Organizations: CNBC, Popular Front, Rassemblement, Nasdaq, Dow Jones, Federal Reserve, Novo Nordisk, Novo Nordisk's Ozempic, Deutsche Bank, Harvard Medical, Nvidia, Wall Locations: Europe's, U.S, Gox, bitcoin, Novo

☆ A key part of America’s economy has shifted into reverse
▼ + stars: | 2024-07-07 | by ( Bryan Mena | ) edition.cnn.com time to read: +8 min

Washington CNN —A vast swath of the US economy is showing signs of weakness as unemployment rises to its highest point in more than two years. “When you think of services, a lot of it is driven by the consumer, and consumers are key to where the US economy goes,” James Knightley, chief international economist at ING, told CNN. Consumer spending, which makes up about 70% of the US economy, has already moderated over the past few months, government statistics show, and retailers themselves have said they’ve noticed shoppers across the income spectrum change their purchasing behavior. The bottom 60% of households by income accounted for a larger proportion of spending on health care services. These firms have added 168,000 jobs a month, on average, from April through June, according to fresh Labor Department data released Friday.

Persons: “, ” James Knightley, “ We’re, Knightley, Scott Hamilton, Gallagher, It’s, Tesla, China’s Geely, Laura He, Elon, Jerome Powell, Michael Barr, Michelle Bowman, Austan Goolsbee, Raphael Bostic Organizations: CNN Business, Bell, Washington CNN, Institute, Supply, ING, CNN, Commerce, Service, Labor Department, EV, Volvo, SAIC, Elon Musk’s, Business, Committee, Fed, China’s National Bureau of Statistics, Financial Services, Chicago Fed, Pepsico, Delta Air Lines, ConAgra Brands, US Labor Department, Atlanta Fed, JPMorgan Chase, Citigroup, The, New York Mellon, The University of Michigan Locations: Washington, United States, California, Jiangsu, China, Shanghai, Wells Fargo

A woman steps out of a polling booth prior to cast her vote in the first round of parliamentary elections in Le Touquet, northwestern France, on June 30, 2024. LONDON — France's left-wing New Popular Front coalition is set to unexpectedly win the most seats in the second round of the country's parliamentary election but fail to clinch an absolute majority, early data showed. By offering voters a starker choice and fewer candidates, RN's opponents hoped that the electorate would choose the non-RN candidate. The prime minister must leave," Jean-Luc Melenchon, leader of the France Unbowed party, said in a CNBC-translated social media update after the release of the early poll data. The final round of the election shows that voters, ultimately, have rejected Macron.

Persons: France's, France Unbowed, Ipsos, Emmanuel Macron's, —, pollster Ipsos, Jean, Luc Melenchon, Macron, Melenchon, Macron's Organizations: LONDON, Popular Front, Socialists, CNBC, NFP, National Rally Locations: Le Touquet, France, Europe's

Even so, four sources close to the Biden family said there is no active effort to shake up staffing right now. Hunter Biden's appearance in White House meetings this week was just one instance of what is expected to be the deeper Biden family involvement. From the view of some Biden aides, the family is seizing on an opportunity to try to settle old scores. President Joe Biden's family is attempting to become more involved over his campaign and White House affairs as their anger with his staff spills into public view. Hunter Biden's stepped-up involvement has confounded some White House staff members and revived a longtime sore spot.

Persons: Biden, Anita, Bob, Jeff Zients, Anita Dunn, Bob Bauer, Hunter, Valerie Owens, Joe Biden's, Joe Biden, Jill Biden, Francis S, Ron Klain, It's, Hunter Biden's, Bauer, Dunn, Hunter Biden, Michael LaRosa, LaRosa, Andrew Bates, Donald Trump, Bauer haven't, Almighty's Organizations: White, White House, ABC, Biden, NBC, Air Force, Gabreski, Union, Yale, Camp David, Democratic Party, Trump Locations: White, Washington, Westhampton Beach , New York, Delaware

Around 8 in 10 people infected with West Nile virus don’t show symptoms. These symptoms can often be confused with those of other viruses, so the majority of West Nile cases are never diagnosed. The CDC’s tally for West Nile cases this year is likely an undercount, since several states have reported additional human cases in recent weeks. Raman said he’s worried about more West Nile transmission during monsoon season in the Las Vegas area, which is expected to start soon. The county announced in late June that one person, a blood donor, had tested positive for West Nile virus.

Persons: “, ” Kate Fowlie, “ WNV, ”, Scott Weaver, Weaver, ” Weaver, Vivek Raman, Raman, he’s, Lindsay Huse, Dranda Hopps, “ It’s Organizations: Centers for Disease Control, Prevention, USDA Agricultural Research Service, Agricultural Research Service, AP, Institute, Human, University of Texas Medical Branch, U.S, CDC, West, Southern, Southern Nevada Health District, Southern Nevada Health, The Texas Department of State Health Services, NBC, Dallas, Fort, Texas Department of State Health Services, Scott County Health Department Locations: Arizona , Arkansas , Kansas , Maryland , Michigan , Mississippi, Tennessee, West Nile, West, U.S, Texas, Colorado, Southern Nevada, Nile, Las Vegas, Douglas County , Nebraska, Houston, Springtown , Texas, Fort Worth, Springtown, Clark County , Nevada, Scott, Illinois

☆ She invited a stranger to join her on vacation in Italy. ‘It went from zero to 100, really, really quick’
▼ + stars: | 2024-07-05 | by ( Francesca Street | ) edition.cnn.com time to read: +25 min

“I was like, ‘Okay, let’s see what the guys look like in Vienna,’” Carter recalls. “If I’m going to meet up with this guy, I should FaceTime him to make sure he’s real,” she thought. “I was thinking, ‘This is either going to go really good or really bad,’” Carter recalls. “It went from zero to 100, really, really quick, in terms of comfort. And either I’m going to have to move here, or he’s going to have to move to America.

Persons: CNN — Carter Leathers, Italy –, Carter, Max Ratzenböck, ” Carter, Max, she’d, ’, “, ‘ I’m, ’ ”, whiling, ”, ’ ” Carter, I’d, it’s, I’m, Bumble, Max swiped, Max couldn’t, ” Max, Carter Ratzenböck Carter, Florence –, he’d, “ I’m, We’d, you’re, Carter’s, –, Pretty, Max's, Carter Ratzenböck, Florence’s, ” Here's Carter, marveling, He’s, they’d, ‘ We’re, They’d, Alex Katz, Austria who’d, “ It’s, “ I’ve, Max’s, ” Carter didn’t, Europe – she’d, Carter –, serendipitously, Max it’s, Max – Organizations: CNN, CNN Travel, Austrian, Opera House, Schönbrunn, Ferris, Viennese Opera, Vienna, Intelligence, ”, America Locations: Florence, Italy, Sacramento , California, Europe, California, Rome, Vienna, Austria, Austrian, Tuscany, Italian, Ponte Vecchio, osterias, ”, “, America, Sacramento, San Francisco, Napa Valley, Monterey, Paris, accilimatize, Ponte

America’s job market remains solid, but it has lost momentum over the past year. The Federal Reserve is watching closely to see if it will continue to hold up or weaken more than expected. Fed Chair Jerome Powell said this week at an economic forum in Portugal that the risk of inflation reaccelerating has come into better balance with the risk of the job market unexpectedly deteriorating. Fed officials indicated in their latest economic projections that they expect to cut interest rates just once this year, which have been at a 23-year high for a year now. It rose to 4.1% in June, according to the Labor Department’s latest tally.

Persons: Jerome Powell, ” Powell, ”, Mary Daly Organizations: Federal, ” San Francisco Fed, Labor Locations: Portugal, ” San

☆ Investors look to upcoming earnings to keep stock rally going
▼ + stars: | 2024-07-05 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York CNN —With interest rate cuts on the backburner, Wall Street is looking to corporate earnings to continue powering the 2024 stock market rally. Analysts polled by FactSet expect second-quarter earnings of S&P 500 companies to grow about 8.7% on average from the prior year. Strong corporate earnings have helped the S&P 500 gain a whopping 16% and notch repeated record high closes this year. Since the Fed isn’t likely to cut rates anytime soon, the onus is on strong corporate earnings to continue driving the market rally. Earnings season kicks off July 12 when big banks including JPMorgan Chase, Wells Fargo and Citigroup report results.

Persons: FactSet, Jerome Powell, ”, Jeffrey Buchbinder, Wells, Dow, Lisa Shalett, Jessie Yeung, Hanako Montgomery, Junko Ogura, “, Tadashi Matsubara, ” Read, Laura He, Pan Gongsheng, Read Organizations: CNN Business, Bell, New York CNN, Federal, LPL, JPMorgan Chase, Citigroup, Nvidia, Microsoft, Meta, Dow Jones, Morgan Stanley Wealth Management, Kanpou, “, Beijing Money, Silicon Valley Bank, People’s Bank of China, prudential Locations: New York, Sintra , Portugal, Wells Fargo, Banks, Japan, Nepal, China, Beijing, Silicon, United States, Shanghai

☆ Japan stocks extend rally to hit fresh all-time highs amid mixed Asia-Pacific markets
▼ + stars: | 2024-07-05 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

People commuting to work in the morning cross a pedestrian crossing in Tokyo on February 15, 2024. Asia-Pacific markets were mostly up, with Japan's key benchmark hitting new highs on Friday, after scaling record peaks in the previous session. The broad-based Topix also extended its gains and advanced 0.06% to a fresh record high. Japan's household spending for May unexpectedly dipped 1.8% in real terms compared to the same period last year. Household spending data is a key metric for the Bank of Japan's to assess its goal of realizing a "virtuous cycle" of rising wages and prices.

Persons: Topix Organizations: Nikkei, Reuters, Bank of Japan's Locations: Tokyo, Asia, Pacific, Singapore

☆ U.S. economy added 206,000 jobs in June, unemployment rate rises to 4.1%
▼ + stars: | 2024-07-05 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

Job seekers attends the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena on June 26, 2024 in Sunrise, Florida. Joe Raedle | Getty ImagesThe U.S. economy again added slightly more jobs than expected in June though the unemployment rate increased, the Labor Department reported Friday. The unemployment rate unexpectedly climbed to 4.1%, tied for the highest level since October 2021 and providing a conflicting sign for Federal Reserve officials weighing their next move on monetary policy. A broader unemployment rate which counts discouraged workers and those holding part-time jobs for economic reasons held steady at 7.4%. Household employment, which is used to calculate the unemployment rate, increased by 116,000.

Persons: Joe Raedle, Nonfarm, Dow Jones Organizations: Amerant, Labor Department, Dow, Federal Reserve Locations: Florida, Sunrise , Florida

☆ Fed Officials Keep an Eye Out for Cracks in the Job Market
▼ + stars: | 2024-07-05 | by ( Jeanna Smialek | More About Jeanna Smialek | ) www.nytimes.com time to read: +1 min

“We’d also like to see the labor market remain strong. For years, the Fed had been watching the job market for a different reason. Officials had worried that if conditions in the labor market remained too tight for too long, with employers fighting to hire and paying ever-rising wages to attract workers, it could help keep inflation faster than usual. But recently, job openings have come down and wage growth has abated, signals that the job market is cooling from its boil. “Future labor market slowing could translate into higher unemployment, as firms need to adjust not just vacancies but actual jobs.”

Persons: Jerome H, Powell, “ We’d, We’ve, Mary C, Daly, ” Organizations: Wall Street, Federal Reserve Bank of San Locations: Federal Reserve Bank of San Francisco

☆ The US economy added more jobs than expected last month as unemployment surprisingly rose
▼ + stars: | 2024-07-05 | by ( Madison Hoff | ) www.businessinsider.com time to read: +1 min

The US economy added 206,000 jobs in June, more than the forecast of 191,000. The unemployment rate rose from 4.0% in May to 4.1% in June. Data released earlier this week showed job openings rose slightly from 7.9 million in April to 8.1 million in May. Meanwhile, the unemployment rate unexpectedly rose from 4.0% in May to 4.1% in June. According to the forecast noted on Investing.com, the US economy was expected to add 191,000 nonfarm payrolls in June.

Persons: — Organizations: Service, payrolls, Bureau of Labor Statistics

☆ CNBC Daily Open: UK Labour landslide election victory
▼ + stars: | 2024-07-05 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. UK Labour wins landslide victoryThe center-left Labour Party has won a landslide victory, ending 14 years of Conservative rule. Samsung shares climbed 2.84%, hitting their highest level since January 2021. Here are Evercore ISI's best stock ideas for the second half.

Persons: Keir Starmer's, Tony Blair's, Rishi Sunak, Brexiteer Nigel Farage, jeopardizing, Korea's Kospi, nonfarm payrolls, Saks, Neiman Marcus, Bergdorf Goodman Organizations: New York Stock Exchange, CNBC, Labour, Labour Party, Conservative, Keir Starmer's Labour, Party, Nikkei, Samsung, Samsung Electronics, CSI, S3 Partners, Saks Fifth, HBC, Saks, ISI Locations: May's

One of the biggest surprises of Britain's election night so far has been the gains seen by the right-wing Reform UK party, which is forecast to win numerous parliamentary seats and has logged a strong showing in early results. Early results also pointed toward strong gains. Six constituencies had been called as of 1 a.m. London time, with Reform in second place with 23.8% of the vote. In a video posted on X titled: "The revolt against the establishment is underway," Farage said the gains his party has seen so far are "almost unbelievable." It means we're going to win seats, many, many seats," he said.

Persons: Brexiteer Nigel Farage, Farage Organizations: Reform Locations: London

☆ Brent crude trades above $87, sets highest levels since April
▼ + stars: | 2024-07-05 | by ( ) www.cnbc.com time to read: +2 min

Oil prices for Brent crude hit their highest level since April on Thursday, holding above $87 after data the previous day showed a decline in U.S. inventories. Oil prices for Brent crude hit their highest level since April on Thursday, holding above $87 after data the previous day showed a decline in U.S. inventories. Brent crude futures were up 21 cents, or 0.2%, at $87.55 a barrel by 1922 GMT. In the previous session, Brent gained 1.3% to settle at $87.34 for its highest close since April 30. Those gains followed a larger than expected decline in U.S. crude stocks.

Persons: Brent, WTI, Martin King, King, Tamas Varga, Rosneft Organizations: Brent, . West Texas, U.S, Independence, U.S . Energy Information Administration, Reuters, RBN Energy, U.S . Federal Reserve, Saudi Aramco, OPEC, UBS Locations: Gaza, France, United Kingdom, Novorossiisk, Saudi, Asia, Oman, Dubai, OPEC, Swiss

☆ S&P 500 futures are little changed as investors await jobs data: Live updates
▼ + stars: | 2024-07-04 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Traders work on the floor of the New York Stock ExchangeS&P 500 futures are near flat Thursday night as investors readied for Friday's closely watched jobs report. Futures connected to the broad index sat near their flatline, while Nasdaq 100 futures slipped 0.1%. Futures tied to the Dow Jones Industrial Average added 19 points, or 0.1%. Economists polled by Dow Jones are forecasting nonfarm payroll adds of 200,000 jobs in June and the unemployment rate to hold steady at 4%. "Friday's payroll report should help clarify the underlying strength of the labor market," said Quincy Krosby, chief global strategist at LPL Financial.

Persons: Dow Jones, Quincy Krosby Organizations: New York Stock Exchange, Nasdaq, Dow Jones, Federal, Institute for Supply Management, LPL, Dow

☆ The real estate market is in for sharp correction with losses that could take a decade to recover from, strategist says
▼ + stars: | 2024-07-04 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

Give it another two or three years — that's when the real estate market gets hit the most." Meanwhile, the fallout in the commercial real estate sector could be more severes. However, banks, bearing huge losses in their mortgage and commercial real estate portfolios, will be more hesitant to lend, weighing on demand and causing real estate prices to plunge. Advertisement"It's possible we'll see a 50% [correction] in some spots, but I would say somewhere around a 30% correction in real estate," Vermeulen said of real estate investments. Those losses could take seven to 10 years to recover from, he said, due to the long nature of real estate cycles.

Persons: —, Chris Vermeulen, Vermeulen, — that's, Vermueule Organizations: Service, Traders, Business, Census, Challenger, Bloomberg, National Association of Realtors

☆ The real-estate market is in for sharp correction with losses that could take a decade to recover from, strategist says
▼ + stars: | 2024-07-04 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

Give it another two or three years — that's when the real-estate market gets hit the most." The fallout in the commercial real-estate sector could meanwhile be more severe. But banks, bearing huge losses in their mortgage and commercial real-estate portfolios, will be more hesitant to lend, weighing on demand and causing real-estate prices to plunge. Advertisement"It's possible we'll see a 50% [correction] in some spots, but I would say somewhere around a 30% correction in real estate," Vermeulen said of real-estate investments. Those losses could take seven to 10 years to recover from, he said, because of the long nature of real-estate cycles.

Persons: —, Chris Vermeulen, who's, Vermeulen, — that's Organizations: Service, Traders, Business, Census, Challenger, Bloomberg, Fed, National Association of Realtors

☆ Some Countries Are Trying a Four-Day Workweek. Greece Wants a Six-Day One.
▼ + stars: | 2024-07-04 | by ( Niki Kitsantonis | Amelia Nierenberg | ) www.nytimes.com time to read: +1 min

As the rest of the world zigs toward a four-day workweek, Greece is opting to zag. On Monday, a law came into effect that allows some companies to enforce a six-day workweek, a shift that is intended to prop up the country’s aging work force and compensate strapped workers, while respecting workers’ rights. Greece already has the longest average workweek in the European Union, and it is not clear whether the extended workweek will bolster productivity. The action in Greece stands in sharp contrast to much of the world. Senator Bernie Sanders, independent of Vermont, in March pushed to reduce the standard workweek in the United States to 32 hours from 40 hours.

Persons: Bernie Sanders Organizations: Labor, European Union Locations: Greece, Vermont, United States, Britain, Iceland, New Zealand

☆ Competitive Eaters Are Just Like Us. Give or Take a Dozen Hot Dogs.
▼ + stars: | 2024-07-03 | by ( Rachel Sugar | ) www.nytimes.com time to read: +1 min

They walk among us, these titans of caloric consumption: construction workers and school superintendents, farmers and accountants. The difference is that every July 4, the best of them flock to Coney Island for the Nathan’s Famous International Hot Dog Eating Contest. Last month, Joey Chestnut, the contest’s 16-time champion, was barred from competition after signing an endorsement deal with Impossible Foods. Immediately after the news broke, it was announced that he would go head-to-head with his longtime rival, Takeru Kobayashi, in a Netflix special — “Chestnut vs. Kobayashi: Unfinished Beef” — to air live on Sept. 2. (Mr. Kobayashi, who holds the world record for downing bunless hot dogs, has not been allowed to compete in the contest since 2010, owing to a contract dispute with Major League Eating, the governing body of the Nathan’s event.)

Persons: Joey Chestnut, Takeru Kobayashi, Kobayashi Organizations: Impossible Foods, Major League Locations: Coney Island

☆ A global tax war is looming. It could hit Big Tech hard
▼ + stars: | 2024-07-03 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

New York CNN —A stalemate in Washington could destroy a landmark tax deal that was painstakingly hammered out among 140 countries over the better part of a decade. Some analysts say that the United States’ inability to ratify the deal could lead to a tax war among the richest nations that would hit tech behemoths like Google, Apple, Meta and Amazon particularly hard. Canada recently implemented a local tax on the world’s largest tech companies, something the OECD treaty had sought to avoid. New Zealand has also said it will implement its own digital services tax on large multinational companies beginning in 2025. The FTC also said that documents showed that competing mattress suppliers would lose access to its most important retail channel.

Persons: Donald Trump, he’s, Manal Corwin, ”, Megan Funkhouser, won’t, Alicia Wallace, Economists, Ramishah Maruf, Tempur Sealy, —, Foster Organizations: CNN Business, Bell, New York CNN, Apple, Meta, Economic Co, Development, OECD, Biden, Republicans, Finance, OECD’s, Tax, Administration, Information Technology Industry Council, CNN, Bureau of Labor Statistics ’, Labor, Labor Statistics, Federal Trade Commission, United, FTC, Pedic, Sealy Locations: New York, Washington, United States, Canada, Zealand, New Zealand, Stearns

☆ ‘Kinds of Kindness:’ Playing a sex cult leader, Willem Dafoe dons a pair of bright orange Speedos
▼ + stars: | 2024-07-02 | by ( Caitlin Chatterton | ) edition.cnn.com time to read: +9 min

In the first, “The Death of R.M.F.,” Jesse Plemons plays Robert, the hapless puppet of his boss Raymond (Willem Dafoe). Eats a Sandwich,” Stone and a now-shaven headed Plemons are the disciples of a purity cult led by Dafoe, tasked with locating someone able to revive the dead. Emma Stone plays three characters across three stories in Yorgos Lanthimos's "Kinds of Kindness," and her wardrobe journey reflects that. “Willem is such a great example: you are a CEO, and then you’re (Stone’s) father, and now you’re a leader of a sex cult. Yorgos Lanthimos/Searchlight PicturesIn the third chapter Dafoe plays a cult leader, freed from Raymond’s designer suits and instead sporting little else besides eyeliner and orange Speedos.

Persons: darlings, He’s, —, ” Jesse Plemons, Robert, Raymond, Willem Dafoe, “, Emma Stone, Plemons, ”, Dafoe, Yorgos Stefanakos, Yorgos, ” Jennifer Johnson, ” Johnson, Gianni Agnelli, Italy’s, Agnelli, ” Dafoe, Emma Stone’s, Johnson, Atsushi Nishijima, “ Anna Karenina ”, — Plemons, Tom Ford turtleneck Robert’s, “ Willem, Jesse Plemmons, Margaret Qualley, Rebecca, Ruth, she’s, lambasting Robert, “ There’s, it’s, ‘ yup, Ken, Barbie, “ They’re, groans Organizations: CNN, Searchlight, Fiat Locations: Hong, Venice, New Orleans

☆ Investors just got an inflation wakeup call. Will they answer?
▼ + stars: | 2024-07-02 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

New York CNN —Inflation rates in Canada, the EU and Australia have popped higher in recent months. But that disconnect appears to be fading as inflation rates in the US continue to ease. The US also had a recent scare as inflation rates ticked higher. But after a year of the Fed holding interest rates steady at a 23-year high, inflation rates in the United States are once again declining. High inflation readings around the globe are concerning investors, José Torres, senior economist at Interactive Brokers, told CNN.

Persons: ”, Brent Schutte, Schutte, José Torres, Torres, payrolls, Chewy, Keith Gill, Krystal Hur, Gill, Ryan Cohen, Jordan Valinsky, CSSE Organizations: CNN Business, Bell, New York CNN, EU, Federal, Federal Reserve, Bank of Canada, Northwestern Mutual Wealth Management, Interactive Brokers, CNN, Investors, Bank for International, BIS, Securities, Exchange, GameStop, Soul Entertainment, BBC, Sony Pictures, Walmart, Walgreens, Apollo Global Management, Sony, Netflix Locations: New York, Canada, Australia, United States, Europe, Redbox

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