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Mike Blake | ReutersIn theory, getting inflation closer to the Federal Reserve's 2% target doesn't sound terribly difficult. The main culprits are related to services and shelter costs, with many of the other components showing noticeable signs of easing. watch nowInstead, getting better control of rents, medical care services and the like could take ... well, you might not want to know. Policymakers have been banking on the notion that when existing rental leases expire, they will be renegotiated at lower prices, bringing down shelter inflation. He added that the CPI report "is a reminder that we do not have good historic examples to lean on" for long-term patterns in rent inflation.
Persons: Mike Blake, Steven Blitz, Goldman Sachs, Lisa Sturtevant, Christopher Bruen, Marta Norton, Stephen Juneau, Juneau Organizations: Reuters, GlobalData, Street, Cleveland Fed, Bright MLS, Housing, Americas, Morningstar Wealth, Bank of America Locations: Rancho, San Diego , California, Maryland, Stephen Juneau , U.S
The American superstar won the individual all-around title at the world championships for the sixth time on Friday to become the most decorated gymnast in history. Biles' only blip came right at the end, as she was about to wrap up her floor routine. Biles, Jones and Andrade competed in the same rotation, kicking off their contest at vault. Andrade bounced out of bounds seconds before she wrapped up her floor routine, a fluffed last step that marred an otherwise brilliant display. Biles’ competition continues this weekend with the women’s vault and uneven bars finals on Saturday and the balance beam and floor exercise finals on Sunday.
Persons: Simone Biles, Biles, Rebeca Andrade, Shilese Jones, Vitaly Scherbo, blip, ” Biles, Andrade, Jones, Cheng, ___ Organizations: Olympics, U.S Locations: ANTWERP, Belgium, American, U.S, Paris, Tokyo
The pickle-wardrobe mania is emblematic of what sets TikTok Shop apart from e-commerce competitors like Shopify and Amazon. Just like TikTok's non-shopping content, TikTok Shop is built around viral videos, be it a surge in viewer interest in pickle-jar sweatshirts or a mad rush to buy freeze-dried Skittles . For UK sellers, chasing virality still seems to be the defining characteristic of the TikTok Shop experience. Jessica Slone runs TikTok shop Bad Addiction Boutique, which has sold tens of thousands of pickle-jar sweatshirts. "TikTok Shop is kind of this roller coaster, and right now it's on this amazing uphill journey.
Persons: TikTok, Dill, Frank Bloomer, Ashley Martinez, Michael Herling, I'm, it's, Herling, Jessica Slone, Slone, TikTok's, Lindzi Shanks, Shanks, TikTok doesn't, Virality, Laura Ritchey, Sellers, Julia Cote, hadn't, influencers, they'd, Ben Muir, virality, Hira Tariq, who's, Candy, there'll, It's, Boutique's Slone Organizations: US, TikTok Shop, Shipping Locations: Grillo's, West Texas
"There is a subset that simply cannot do that," she said of paying down credit card debt going forward as rates rise. "In those tails and subsets I think you're going to have really unusual delinquencies, and just horrible recovery rates." You're going to see defaults increase." Delaney also emphasized being defensive, and said he likes corporate bonds, but those with floating rates, meaning they move with the market rate. The iShares 10-20 Year Treasury Bond ETF (TLH) is one way to gain exposure to long-term government bonds.
Persons: Dawn Fitzpatrick, Katie Koch, haven't, it's, Mark Delaney, Suni Harford, I'd, Brad Gerstner, Jerome Powell, Volcker, Koch, , We're, Rick Rieder, he's, Delaney, Fitzpatrick Organizations: CNBC's, Alpha, Federal Reserve, Soros Fund Management, TCW, UBS, Management, BlackRock, JPMorgan, Corporate, Treasury Bond ETF, Vanguard Energy, DB Oil Fund Locations: Europe, Saudi Arabia
Biden’s History-Making Walk on the Picket Line
  + stars: | 2023-09-26 | by ( Susan Milligan | Sept. | At P.M. | ) www.usnews.com   time to read: +6 min
Biden's presence at the event was historic and extraordinary: Both the White House and labor union experts said that a sitting president has never walked a picket line in support of striking workers. Presidents typically try to mediate when management and labor union disputes threaten to disrupt the economy. President Ronald Reagan in 1981 fired more than 11,000 striking air traffic controllers, delivering a major blow to the labor union movement. Trump also promised auto workers in Lordstown, Ohio, in 2017 that their plant would not close, so “don’t move. Biden's backing of electric vehicles has some auto union members worried they will lose their jobs in gasoline-powered auto plants, and Trump has exploited that concern to his advantage.
Persons: Joe Biden, Biden, you’ve, Ronald Reagan, It's, Erin Hatton, Donald Trump, Trump, Sean Fain, Ford, they're, Erik Loomis, Loomis, Hatton, Hattan Organizations: United Auto Workers, Ford, Big Three, White House, UAW, Motor Co, General Motors, Chrysler, University of Buffalo, Michigan, Trump, Anderson Economic Group, Gallup, Hollywood, Writers Guild of America, University of Rhode Locations: Michigan, Wayne County, Lordstown , Ohio, Michigan’s Macomb County, California, University of Rhode Island, Las Vegas
Trump Tower uses millions of gallons of Chicago River water a day to heat and cool its 98 floors. Illinois Attorney General's Office/InsiderThe Illinois EPA responded to the apparent discrepancy by issuing Trump Tower a violation notice on August 31. The two groups are parties to the state's ongoing, 2018 environmental lawsuit against the tower, Trump's tallest building worldwide. Trump Organization lawyers have resisted changing how Trump's Chicago tower heats and cools. Trump International Hotel & Tower in Chicago has used "gobbledygook" math to lowball its impact on the Chicago River, state officials and environmentalists say in court papers.
Persons: , Donald Trump's, Trump, general's, Trump –, Albert Ettinger, Kwame Raoul's, Trump's, It's, Charles Rex Arbogast, Ettinger, Nam, Huh Trump, Jack Darin, Darin, Donald Trump, AP, IEPA, Alan Garten, Peter Alan Henderson, Henderson, Donald Trump , Jr, Eric Trump, Ivanka Trump, Christopher Wiggins, he'd, John Arranz, Wiggins, Kiichiro Sato, Margaret Frisbie, Frisbie Organizations: Trump, Service, Trump International Hotel, Tower, Illinois Environmental, Agency, Wabash Venture, Trump Organization, General's, EPA, Sierra Club, Friends, Chicago Sun, federal, Hotel, AP, Chicago Tribune, Illinois Sierra Club, Chicago's Trump International Hotel, AP Trump, Sun, Times, Ecologist Locations: Chicago, Illinois
Japan's yen in spotlight ahead of 'live' BOJ meeting
  + stars: | 2023-09-18 | by ( ) www.cnbc.com   time to read: +3 min
In a week packed with central bank meetings, decisions are also due from the U.S. Federal Reserve on Wednesday and Bank of England on Thursday. The yen was flat versus the greenback at 147.82 per dollar with markets in Japan closed for a national holiday. Carol Kong, economist and currency strategist at Commonwealth Bank of Australia, said she expects the yen to be volatile leading up to the policy meeting. "So that means dollar yen can track higher, particularly if Governor Ueda sounds dovish and dashes hopes of policy tightening at the upcoming meeting," she said. The European Central Bank raised interest rates to 4% last week but said this hike could be its last.
Persons: Kazuo Ueda, Carol Kong, Kong, Ueda, Sterling Organizations: U.S ., The, of, U.S . Federal Reserve, Bank of England, Commonwealth Bank of Australia, European Central Bank, Japan, . U.S, Treasury, Deutsche Bank Research, Brent, Saudi Locations: Asia, Japan, ., U.S, Ukraine
Over the past 100 years, the global population quadrupled, from two billion to eight billion. Some will inexcusably claim that restricting reproductive choice is a way to curb long-run population decline. If an inclusive, compassionate response to population decline emerges someday, it need not be in conflict with those values. It’s in no one’s hands to change global population trajectories alone. Six decades from now is when the U.N. projects the size of the world population will peak.
Persons: demographers, Wittgenstein, Spears, Grandma, humanity’s, They’ve, birthrates, everyone’s, It’s, it’s Organizations: Human, The Institute for Health Metrics, University of Washington, University of Texas, Population Research, New York Times, White, won’t Locations: Vienna, Austin, United States, Europe, East Asia, Latin America, Guinea, Africa, China, Brazil, India, birthrates, Chile, Thailand, Canada, Germany, Japan, Saharan Africa, Israel
A dearth of Chinese travelers is nothing to "worry about," said Banyan Tree Holdings founder Ho Kwon Ping. "Most of us in the hospitality industry, a year or so ago, predicted that Chinese tourism would only start to rebound around maybe this year or even next year." For Banyan Tree Holdings — which operates more than 60 hotels in 17 countries — Ho said "Chinese tourism [is] coming back quite strongly." What's missing are the "mass group tours, which provide the numbers, but they don't come to our hotels anyway," he said. "So you have a lot more free individual travelers … and they're the ones who can pay the higher airfares and so on."
Persons: Ho Kwon Ping, CNBC's Chery Kang, — Ho Organizations: Tree Holdings, Milken, Holdings Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHo Kwon Ping on China's tourism rebound and property market troubleHo Kwon Ping, Executive Chairman of Banyan Tree Holdings says the current weakness in China's tourism industry is just "a blip" and would definitely recover.
Persons: Ho Kwon, Ho Kwon Ping Organizations: Banyan Tree Holdings
Conan O'Brien quipped that Trump's greatest crime might be "how much he's hurt comedy." The late-night legend compared writing jokes about Trump to trying to parody the National Enquirer. "I think the January 6 thing is a blip compared to how much he's hurt comedy," O'Brien told Kara Swisher. "I think the January 6 thing is a blip compared to how much he's hurt comedy." O'Brien, who never leaned into Trump comedy the way some of his then-competitors did, said the struggle was so many of the punchlines were about visceral feelings rather than actual jokes.
Persons: Conan O'Brien, Trump, O'Brien, Kara Swisher, Donald Trump's, That's, Elvis, Michael Jackson's, He's, Drake's, Jimmy Fallon, punchlines Organizations: National Enquirer, Service, New York Magazine, Trump, Harvard Lampoon, White Locations: Wall, Silicon
Duke students, she thought, seemed more well rounded than students on some other campuses. I think it was me being a little bit naïve.” Other Duke students who identify as F.G.L.I. At Duke — as well as elite colleges that admit more low-income students — their graduation rate tends to be similar to the overall graduation rate. Over the past decade, as other elite colleges paid more attention to low-income students, they wooed some who once might have attended Duke. “Duke students are really oriented to the world,” she said.
Persons: Ben Denzer, Perkins, Duke, ” Juliana Alfonso, DeSouza, , Stephany Perez, Sanchez, University of Chicago —, Pell, Duke Duke, Melinda French Gates, Adam Silver, ” Gary Bennett, Grant, Bates, Brown, Pell Grant, ” Bennett, we’re, Ithaka, Yale Conn, , Juliana Alfonso, Juliana, Duke Rice, Austin U.N.C, , Karen Dong, ” Dong, ” Randi Jennings, Dong, Duke’s F.G.L.I, Duke —, ” Jennings, Randi, Jennings, Alfonso, David M, Rubenstein, “ It’s, ” Alfonso, Colleges don’t, Bennett, Caroline Hoxby, Christopher Avery, Louis, Holden Thorp, ” Thorp, Ron Daniels, Johns Hopkins, ” Daniels, Catharine Bond Hill, Thorp, Hopkins, Michael Bloomberg, Johns, “ Duke Organizations: Duke University, Perkins, Ivy League, Stanford, Massachusetts Institute of Technology, University of Chicago, Harvard, Yale, Princeton, Columbia, Pell Grants, Duke, Pell Grants Harvard, Penn, Cornell, Dartmouth, Brown, Chicago, U.S . News, Colleges, Midwest, California Institute of Technology, Notre Dame, Bucknell, Georgia Tech, Oberlin, Reed, Tufts, Tulane, Wake, Universities, Wall Street Journal, University of California, University of South, College, Princeton N.J, Pomona Calif, Dartmouth N.H, Stanford Calif, Caltech Calif, Amherst Mass, Grinnell Iowa, Claremont McKenna, Vanderbilt, Opportunity, Elite, Spurs, Texas North, Southern Methodist University, Davidson, California Massachusetts, Stanford Harvard, Berkeley UMass Amherst, Amherst College Pomona, University of Texas, parka, Mardi Gras, Daily, West Union, LIFE, Uber, ” Colleges, Washington University, Hopkins, Vassar College, Johns Hopkins, University of Michigan, University of Virginia, University Locations: San Antonio, South Carolina, M.I.T, United States, Durham, N.C, Georgetown, Georgia, California, San Diego, U.C.L.A, University of South Dakota, University of South Florida, America, Middlebury, Northwestern, Pomona, Swarthmore, Harvard, Texas North Carolina, Texas, Canada, Myrtle Beach, Dallas, China, New Orleans, Irish, Camden , N.J, , St, Johns Hopkins, Wash
Anderson Cooper Is Still Learning to Live With Loss
  + stars: | 2023-09-03 | by ( David Marchese | ) www.nytimes.com   time to read: +8 min
Talk Anderson Cooper Is Still Learning to Live With LossFor decades, Anderson Cooper, 56, has been a steady, humane and comparatively calm presence on TV news. I could write maybe a little essay about my gay — I don’t know what. Cooper reporting for CNN’s “Anderson Cooper 360°” in Ghana in 2009. So I don’t think you can paint with quite as broad a brush. I don’t know.
Persons: Anderson Cooper, CNN’s “ Anderson Cooper, , Cooper, Wyatt, Carter, Gloria Vanderbilt, “ Astor, “ Vanderbilt, Katherine Howe, Chris Licht, ” Cooper, ” Anderson Cooper, Wyatt Cooper, Jack Robinson, I’ve, didn’t, we’ve, Brent Stirton, Fox, Jake Tapper, I’m, Donald Trump, Spencer Platt, , he’d, he’s, that’s, Charlie Brown, womp, David Marchese, Alok Vaid, Menon, ordinariness, Joyce Carol Oates, Robert Downey Jr Organizations: CNN, Hulton, Fox, Fox News, Republican, Marvel Locations: , Ghana, South Carolina
Television’s depictions of religion have often leaned either toward po-faced dogma or scouring atheism, but here is one that dares to split the difference. The eldest, Jesse, is a pompous hothead whose default response to any insult is light violence and who, despite his persona as a family man, has enjoyed the sort of hard-partying lifestyle that would make early-1970s Led Zeppelin blush. His sister, Judy, is a flamethrowing libertine with a staggeringly foul mouth and a tendency to transgress against her lovingly milquetoast husband. Like a staging of “King Lear” at a monster-truck rally, the show has a loneliness that undergirds its berserk energy. This is not the only fascinating vision of the church on HBO these days.
Persons: they’ve, McBride, Jesse, Judy, “ King Lear ”, John Goodman, Eli Gemstone —, Aimee, Leigh, Croesus, , Gideon, , Bridget Everett, Sam, Joel, Sam —, Maria ” Organizations: , Southern, Gemstone Salvation, HBO, Hollywood Locations: American, Hollywood, Kansas, America
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBYD earnings: The numbers we're seeing aren't a 'blip,' says Frost & SullivanVivek Vaidya, associate partner at Frost & Sullivan, discusses the Chinese electrical vehicle maker's strong results and its "very consistent strategy." He says "what we see is nothing short of history."
Persons: aren't, Frost, Sullivan Vivek Vaidya, Frost & Sullivan Organizations: Frost &
Four out of five emperor penguin colonies in Antarctica’s Bellingshausen Sea region very likely lost their chicks late last year because of disappearing sea ice underneath their breeding grounds, according to a new study. Parts of this coastal region had lost all of their sea ice by November, which was probably before penguin chicks had grown waterproof adult feathers and learned to swim. It’s the first time scientists have seen a widespread failure across multiple penguin colonies in a region, researchers said. “At the moment, we’re not sure if this is just a blip,” said Norman Ratcliffe, a seabird ecologist with the British Antarctic Survey and one of the authors of the new study. “But if this becomes a consistent phenomena in the longer term, clearly it’s going to have repercussions for the species.”
Persons: , we’re, , Norman Ratcliffe Organizations: British Antarctic Survey Locations: Antarctica’s Bellingshausen
CHART: AI stocks enter correction territory
  + stars: | 2023-08-10 | by ( Alistair Barr | ) www.businessinsider.com   time to read: +3 min
Insider looked at 10 of the top AI stocks and found that many are in correction territory. In recent days, some of the hottest AI stocks of 2023 have entered correction territory. Insider took a look at 10 of the hottest AI stocks from earlier this year and analyzed how they've performed since peaking. This could be a short-term blip, or a reaction to higher long-term interest rates, which can depress high-growth tech stocks. (And, yes, using automation and AI to buy AI stocks is probably a self-fulfilling prophecy that also can't last).
Persons: they've, Morgan Stanley, Amara, We're, Jasper AI, Nvidia Organizations: Morning, Nvidia, AMD, Bloomberg, Nasdaq
Political violence in polarized U.S. at its worst since 1970s
  + stars: | 2023-08-09 | by ( ) www.reuters.com   time to read: +26 min
Three academics who reviewed the cases say they add to growing evidence that America is grappling with the biggest and most sustained increase in political violence since the 1970s. Political violence surged for nearly a decade starting in the late-1960s – 1970 alone saw more than 450 cases, LaFree said. In contrast, much of today’s political violence is aimed at people – and most of the deadly outbursts tracked by Reuters have come from the right. “Political warfare”There’s no official tally of how many Americans die each year from political violence. Most of the fatal political violence identified by Reuters was carried out by people who embraced far-right views.
Persons: Kristen King’s, King, , Austin Combs, , “ He’s, wailed, Anthony King, Donald Trump, Gary LaFree, LaFree, Rachel Kleinfeld, Carnegie’s Kleinfeld, Trump, Christopher Wray’s, Combs, Let’s, Joe Biden, Dave Spurrier, ” Combs, Wayne Staton, gaunt, Bri Smith, “ honk, Bubba, Ross, Cody Lee Harbaum, ” Harbaum, Edgar, Floyd Rockwell, Terry B’s, “ Hillary, Kim Jenkins, Patti Betz, “ Austin, Betz, Miss Patti, , ” Betz, Paul Pelosi, Nancy Pelosi, Paul, Nancy Pelosi’s, Katie Pridemore, Shawn Popp, Popp, Donald Henry, Henry, , Craig Greenberg, Quintez Brown, Greenberg, Brown, ” Brown, Robert Telles, Telles, Benjamin Smith, Dajah Beck, Beck, Smith, Allie Bradley, “ You’re, Bradley, Kristine Christenson, Ben Smiths, rightwing hecklers, ” Bradley, Knightly’s, Katherine Knapp, King’s, Kristen, Pridemore Organizations: Democrat, Reuters, U.S . Capitol, University of Maryland criminologist, Oklahoma, Federal Bureau of, Carnegie Endowment, International, Democratic, Trump, U.S . Department of Homeland Security, Republican, Democratic Party, Republican Party, Miss, . House, San, U.S, Capitol, Media, Attorney’s Office, Judicial, Las, Veterans, Pridemore Locations: OKEANA, Ohio, Okeana, America, Florida, Portland, Buffalo, Washington, Butler County, Brandon, Butler, Hamilton, San Francisco, Wisconsin, New Mexico, U.S, Louisville , Kentucky, China, Taiwan, California, Clark County , Nevada, Las Vegas, Normandale, Portland , Oregon,
LAUNCESTON, Australia, Aug 8 (Reuters) - China's imports of major commodities lost momentum in July in a further sign that the world's second-biggest economy is struggling to boost flagging growth. While June's imports were the second-highest on record, the July outcome was the weakest since October last year on a barrels per day basis. In the first seven months of 2023, China's copper imports slid 10.7% to 3.04 million metric tons. Iron ore imports dropped to 93.48 million metric tons in July, down 2.1% from June's 95.52 million. For the first seven months of the year China's coal imports came in at 261 million metric tons, some 86% above the same period in 2022.
Persons: It's, Brent, China's, Lincoln Organizations: Administration of Customs, Brent, Reuters, Thomson Locations: LAUNCESTON, Australia, China
Australia ANZ-Indeed jobs ads edge 0.4% higher in July
  + stars: | 2023-08-07 | by ( ) www.reuters.com   time to read: +1 min
A pedestrian is reflected in the window of a branch of the Australia and New Zealand Banking Group (ANZ) in central Sydney, Australia, October 25, 2017. Data from Australia and New Zealand Banking Group (ANZ.AX) and employment website Indeed showed job ads rose 0.4% in July from June, when they fell 2.7%. "There are other signs labour market momentum is starting to slow as the RBA’s 400bp of hikes flow through to economic activity... this suggests we'll see a gradual cooling of the labour market from its very strong starting position." Markets suspect the cash rate is nearing its peak, with futures pricing in an even chance of a further rate hike to 4.35% in December. A majority of economists polled by Reuters expect the RBA could deliver the last hike in the fourth quarter.
Persons: Steven Saphore, Stella Qiu, Shri Navaratnam Organizations: New Zealand Banking Group, ANZ, REUTERS, New Zealand Banking, Reserve Bank of Australia, Reuters, Thomson Locations: Australia, Sydney
Charlene Lee is a former product manager at Google who wishes she had a guide prior to starting her first job. Today, I'd like to share some of the lessons I wish I had learned before starting my career, lessons that I now teach my team. It's your job to find a good managerOne of my best managers, Paul, spent a lot of time with me early in my career. Things changed when the next box, like writing a book, started conflicting with things that weren't on the list. The start of your career is the beginning of your journey, and I hope that this guide helps you with yours.
Persons: Charlene Lee, she's, Lee, Google's, I'd, would've, Paul, wasn't, I've, didn't, Paul didn't, It's, Jon, Jon wasn't, wouldn't, , hadn't, Carissa wasn't, Marty, Dan Gilbert, Inbal, Ralph Waldo Emerson Organizations: Google, Jon's, AngelList, Duke University Locations: Asia, New York, China, Singapore, Shanghai,
Nobody knows.”Construction of an 801-room Omni hotel alongside the Broward County Convention Center in Fort Lauderdale, Florida, on March 22, 2022. Broward County, which invested $1.5 billion in the expansion and renovation of its convention center, has not seen the future bookings it anticipated. In Tampa, the city’s largest convention center hasn’t seen any events cut bait. National Society of Black Engineers members attend the first day of the organization's 49th Annual Convention, which took place from March 22-26 in Kansas City, Missouri. The NSBE recently announced plans to move its 50th annual convention from Orlando, citing the political climate, travel advisories and recently passed laws.
Persons: Ron DeSantis, DeSantis, , Stacy Ritter, , Ritter, Rebecca Blackwell, Grace Hopper, AERA, Tony Pals, Phelan M, Mark Tester, ” Juan Lopez, Jeremy Redfern, ” Redfern, Janeen Uzzell, Bill, Laxmi Ramasubramanian, Petra Doan, Doan, ” Doan, Jack Johnson, Martin Luther King Jr, Bill ”, we’ve, ” Johnson, Glenn Ross, Johnson, Lauderdale’s Ritter, Nadine Smith, , ” Smith Organizations: Minneapolis CNN, Republican Florida Gov, Sunshine State, Lauderdale, Democratic, Omni, Broward County Convention, Orlando’s Orange County Convention, Society of Black Engineers, Research, of periOperative, Global, CNN, Orange County Convention, AP, AORN, Tampa Convention, Tampa, Comic Convention, , Math Association of America, MAA, National Society of Black Engineers, NAACP, National Urban League, Black Power, Association of Collegiate Schools of Planning, Florida State University, Destinations International, Arizona, Indy, Associated, Getty, Equality Locations: Minneapolis, Florida, Lauderdale, Broward County , Florida, Broward County, Fort Lauderdale , Florida, Broward, Orlando’s Orange County, United States, Orlando after Florida, Orange County, Orlando, Tampa, Orlando , Florida, Kansas City , Missouri, , Miami, Maine, Arizona , Indiana, North Carolina, Indiana, Associated Press, California, Tennessee, Texas, Equality Florida
Women’s World Cup 2023: Live scores, fixtures, results, tables and top scorersCNN —Spain overcame a bizarre long-range own goal to thrash Switzerland 5-1 and advance to the Women’s World Cup quarterfinals on Saturday, while Japan continued to impress in a 3-1 victory over Norway. Ingrid Syrstad Engen’s own goal gave Japan a well-deserved lead early on before Norway equalized soon after through Guro Reiten’s header. On paper, Norway – a team with world-class talent – looked a tricky opponent but Japan was comfortably the better side throughout. Alessandra Tarantino/APAda Hegerberg came on as a substitute in an attempt to provide Norway with some attacking thrust – but the Norwegians struggled to break down an organized Japan team. Even when it created a good opening, it found Japan goalkeeper Ayaka Yamashita in inspired form as she somehow clawed away Karina Sævik’s powerful header in the game’s dying moments.
Persons: CNN —, Laia Codina’s, Bonmatí, Ingrid Syrstad Engen’s, Risa Shimizu’s, Hinata Miyazawa, Japan's, Amanda Perobelli, , Codina’s, Codina, Cata Coll, Saeed Khan, Gaëlle Thalmann, Redondo, bamboozling, Jennifer Hermoso, Aurora Mikalsen, – Shimizu, Vilde Bøe Risa, old’s, Miyazawa’s, Alessandra Tarantino, Ada Hegerberg, Ayaka Yamashita, Karina Sævik’s Organizations: CNN, Japan, Norway, New Zealand –, Roja, Switzerland, Getty, Alba Redondo, Norway –, Aurora Locations: CNN — Spain, Switzerland, Japan, Norway, Spain, Wellington, Netherlands, South Africa, Sweden, Melbourne, Eden, New Zealand, AFP, Reiten’s
Investors are also closely watching the path of Treasury yields, which rattled equity markets in recent days by rising to fresh year highs. The S&P 500 fell 2.27% this week, its biggest weekly decline since March 10. Janasiewicz of Natixis said a stronger-than-expected consumer price reading next week could spark a decline of up to 5% in the S&P 500. A stronger-than-expected inflation number next week could also boost Treasury yields further. Rising yields on Treasuries, viewed as among the world's safest investments because they are backed by the U.S. government, can dull the allure of stocks.
Persons: Brendan McDermid, Jack Janasiewicz, Natixis, Aaron Chan, Refinitiv, Tim Murray, Rowe Price, Brent, Ann Miletti, Fitch, Keith Lerner, Lerner, Carolina Mandl, Lewis Krauskopf, Ira Iosebashvili, David Gregorio Our Organizations: U.S, REUTERS, Federal Reserve, Natixis Investment, Amazon.com, Cruise, Treasury, U.S ., Advisory, Wall Street, Amazon, Google, Apple, BofA Global Research, JPMorgan, Carolina, Thomson Locations: Wall St, New York, U.S, Stocks, Refinitiv
Norwegian producer Norsk Hydro (NHY.OL) has called for the exchange to reconsider its decision last November to continue accepting deliveries of Russian metal. China imported 462,000 metric tons of Russian-brand primary aluminium last year, up from 291,000 metric tons in 2021. The country has emerged as the market of first resort for Russian metal since the invasion of Ukraine in February 2022. The top two destinations for June's "exports" were Japan (10,000 metric tons) and South Korea (20,500 metric tons). China's aluminium run-rate fell by an annualised 636,000 metric tons over the first quarter, according to the International Aluminium Institute.
Persons: Rusal, Goldman Sachs, ingot, isn't, Jane Merriman Organizations: London Metal Exchange, Norsk Hydro, Hydro, Rusal, International Aluminium Institute, AZ Global, Reuters, Thomson Locations: Norwegian, Russian, China, United States, Europe, Asia, Ukraine, Japan, South Korea, Gwangyang, CHINA, Yunnan
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