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North Korea has sent 1,500 special forces troops to Russia, according to South Korea's spy agency. Satellite images published by Seoul are said to show the North Korean special forces at bases in eastern Russia. The NIS said that North Korean military officers visited missile launch sites near the war's front lines in August. A Pentagon spokesperson said he's seen reports about North Korean forces deploying to the war but can't confirm or corroborate them. Beyond North Korea, Russia has also turned to fellow pariah state Iran for military assistance during the Ukraine war.
Persons: , they're, he's, Pat Ryder, you've, Kim Jong Un Organizations: Korean, Service, Korea's National Intelligence Service, Moscow, NIS, North Korean, National Intelligence Service, National Intelligence, Pentagon, North Korea . National Intelligence Locations: Korea, Russia, South, Ukraine, Seoul, North Korea, Pyongyang, South Korea, Siberia, Russian, Ussuriysk, Khabarovsk, Moscow, Kyiv, Iran, Tehran
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Persons: APYs, , Cash, we've Organizations: Federal Reserve, Cash Locations:
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHousing market is very confusing for the consumer, says HousingWire's Logan MohtashamiLogan Mohtashami, HousingWire analyst, joins 'Squawk on the Street' to discuss what the rise in mortgage rates mean for the consumer, what recent rate moves mean for housing activity, and much more.
Persons: HousingWire's Logan Mohtashami Logan Mohtashami
The Wrap-Up for Friday October 18
  + stars: | 2024-10-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Wrap-Up for Friday October 18The top headlines that could drive today's trading.
Israel killed Hamas leader Yahya Sinwar, the architect of the October 7 terrorist attacks. AdvertisementAfter a yearlong war against Hamas that reduced much of Gaza to ruins, Israel on Wednesday killed its top target: the Hamas leader Yahya Sinwar. Israel's military persisted, using heavy weapons, including 2,000-pound bunker-buster bombs, to target areas under Gaza where Sinwar and other Hamas leaders could have been hiding. During that time, Israel killed several Hamas leaders, including Mohammad Deif in Gaza, and Ismail Haniyeh in an audacious explosives attack in Tehran, Iran. A chance encounterA unit from the Israel Defense Forces (IDF) 828th Bislamach Brigade conducted Wednesday's operation in Gaza.
Persons: Israel, Yahya Sinwar, , Bashir Abbas, Sinwar, Mohammad Deif, Ismail Haniyeh, Abbas, Tal al, Joe Biden, Bin, Netanyahu Organizations: Service, Hamas, Wednesday, Stimson, Israel Defense Forces, 828th Bislamach Brigade, Royal United Services Institute, US Institute for, ISIS Locations: Israel, Gaza, Washington ,, Tehran, Iran, Rafah, Lebanon
Staple’s plight highlights the unusually difficult situation of young Americans trying to kick-start their careers, even as the broader US economy remains in good shape. Indeed, the job market overall remains in decent shape. A ‘victim of circumstance’Everyday Americans are always at the mercy of the economy — whether it’s navigating difficulties such as high inflation and a recession, or a red-hot job market that benefits workers. Having a tough time landing that first job, in part because of broader economic forces, can have lasting consequences. “For young workers, their first few years out of school are very formative for their careers.
Persons: Kirsten Staple, ” Staple, That’s, , , Julia Pollak, ZipRecruiter’s, , they’re, Daniel Zhao, Zhao, Millennials, Jonathon Courtney, hasn’t, Courtney, I’ve, ” Courtney, who’ve, there’s, Catherine Dugoni Camille Larsen Catherine Dugoni, “ It’s, ” Dugoni, isn’t Organizations: Washington CNN, University of Texas, Labor Department, CNN, Federal Reserve, Employers, Glassdoor, University of Houston Locations: San Antonio, El Paso , Texas, , Houston, Sacramento , California, San Francisco
Apple first showed off the Apple Vision Pro in June 2023, hoping developers would build awesome apps for it when it went on sale in January. Specifically: Where are the apps for the Apple Vision Pro, the $3,500 headset Apple introduced earlier this year? This is a question we've asked repeatedly, and the answer seems to be pretty consistent: Developers aren't leaping to build anything for Apple Vision Pro because they don't think many people are using Apple Vision Pro. But if developers don't build for the Apple Vision Pro, then there's never going to be any reason for people to buy an Apple Vision Pro. Overall, there are about 1,770 apps for the Vision Pro in Apple's App Store , according to Appfigures' count.
Persons: don't, , we've, there's, That's, Appfigures, Tim Cook, I've, Mark Gurman, Apple, Song Organizations: Apple, Apple Vision Pro, Service, Apple Vision, Vision, Orion
Christopher Polk/Getty Images Payne takes a selfie with fans at the 2014 ARIA Awards in Sydney. Cameron Spencer/Getty Images Payne performs with One Direction during one of their last concerts together in Los Angeles in 2015. Terence Patrick/CBS/Getty Images Payne poses for photos with his then partner Cheryl Cole at the 2018 BRIT Awards in London. Joe Maher/FilmMagic/Getty Images Payne performs on "The Today Show" in 2019 to promote the release of his first solo album. Kate Green/Getty Images Payne warms up before Soccer Aid for UNICEF 2023 charity match in Manchester, England.
Persons: Liam Payne’s, Payne, , Marcelo Roma, Liam Payne, James Shaw, Shutterstock Payne, Louis Tomlinson, Zayn Malik, Harry Styles, Niall Horan, Nicole Scherzinger, Ken McKay, Shutterstock, Dave Hogan, Christopher Polk, Cameron Spencer, James Corden, James Van Der Beek, Jim Gaffigan, Terence Patrick, Cheryl Cole, Bear, Joe Maher, FilmMagic, Kate Green, Will Matthews, Marc Piasecki, Luis Robayo, Singer Liam Payne, , , they’re “, “ Liam, ” Harry Styles, Zayn Malik –, , “ We’re, Liam, Simon Cowell, Malik, ” Tomlinson, Agustin Marcarian, REUTERS Payne, Tomlinson, ” Malik, , ” Horan, he’s “, ” Styles Organizations: CNN, Party, Fremantle Media, Getty, CBS, NBC, Soccer Aid, UNICEF, Todo Noticias, Associated Press, UK’s, Media, REUTERS Locations: Buenos Aires, Argentina, London, Wolverhampton , England, Barbados, Los Angeles, Sydney, Manchester, England, Paris, AFP
Opinion Guest Essay The 21 Slivers of America That Could Decide the Election Sebastian Siadecki for The New York TimesIn almost every presidential battleground state, polling suggests something close to a dead heat between Kamala Harris and Donald Trump. For Ms. Harris and Mr. Trump, each could be a crucial building block in a winning swing-state coalition. In 2016, with Mr. Trump in the race, these areas began to march to national trends: Rural areas trended Republican, while Milwaukee’s well-off, close-in suburbs zoomed left. Still, loyalties remain potent in Wisconsin, from Democratic-leaning, ancestrally Scandinavian voters in the state’s rural west to middle-class suburban Republicans outside Milwaukee. Mr. Trump lost Nash County by just 0.2 points in 2020 and Wilson County by three points.
Persons: Sebastian Siadecki, Kamala Harris, Donald Trump ., Harris, Trump, Nate Silver’s, Joe Biden, Badger State . Arizona Battlegrounds, Mark Kelly, Biden, Trump’s, Patrick Ruffini Organizations: The New York Times, Pennsylvania, Keystone, Philadelphia, Democratic, Milwaukee —, Washington, Mr, Republican, Republicans, Milwaukee, Badger State, Senate, Northampton, “ Party of, Populist Coalition Locations: America, Pennsylvania, Appalachia, Philadelphia, Philadelphia’s, . Wisconsin, Wisconsin, Milwaukee, Milwaukee — Waukesha, Ozaukee, Badger, Badger State . Arizona, Arizona, Phoenix, Florida and Texas, . North Carolina, North Carolina, Southern, Nash, Rocky, Wilson, Wilson County, Nash County, Northampton, Erie, Bethlehem, Georgia, Brown County, Green Bay, Outagamie County, Appleton, Winnebago County, Oshkosh, Maricopa County
"As evidenced by XLV [Health Care Select Sector SPDR Fund], price is back through the 50 day [moving average] on this relief rally," he said. "Not yet overbought, it looks to us like the early innings of a reacceleration back towards the highs. XLV YTD mountain Health Care Select Sector SPDR Fund year to date On top of that rally is the added benefit of dividend payouts on many health care stocks. At least 51% of the Wall Street analysts who cover each stock rates it a buy, according to FactSet data. CI YTD mountain Cigna year to date Cigna beat earnings and revenue estimates in its second quarter when it reported results in August.
Persons: Rob Ginsberg, Abbott, Robert Ford, Dickinson, Cigna, Lina Khan, Merck Organizations: Wolfe Research, SPDR, CNBC Pro, Wall Street, nab, Abbott Laboratories, Company, Cigna's, Federal Trade Commission, CVS Health, UnitedHealth, Merck, Co Locations: . Connecticut
And it could bring the devastating war in Gaza closer to an end, experts say – if Israel and its allies can seize the opportunity. Before the war, power in Hamas was decentralized – with Gaza political chief Sinwar just one of many leaders, Chorev said. Shira Efron, a senior director of policy research at the Diane and Guilford Glazer Foundation said Sinwar’s killing gives Netanyahu the chance to claim a victory. Sinwar’s killing could also pave the way for a hostage and ceasefire agreement, since he was believed to be one of the main blockers of a deal. Chorev, from Tel Aviv University, added that Netanyahu could see Sinwar’s killing as a moment to cement his legacy.
Persons: Yahya Sinwar’s, Harel Chorev, Moshe Dayan, Sinwar, Chorev, “ Sinwar, Mohammed Deif, , Mohammed, Khalil Al Hayya, ” Chorev, Netanyahu’s, ’ Netanyahu, Shira Efron, Diane, Guilford, Netanyahu, , Einav Zangauker, Matan, Uzi Rabi, Critics of Netanyahu, Joe Biden, clawing, Rabi, Yoav Gallant, Efron, ” Efron Organizations: CNN, Israel, Moshe, Tel Aviv University, Gaza, Hamas ’, Hamas, Guilford Glazer Foundation, Locations: Israel, Gaza, Cairo, “ Israel, United States, Lebanon, Rafah, , Gaza’s
Ngannou will do so though against a backdrop of unspeakable tragedy following the death earlier this year of his beloved 15-month-old son Kobe. “The best way to pay tribute to him, to honor him, is to do something positive. Cooper Neill/Getty ImagesThis will be the African star’s first MMA fight since 2022. “I’m looking to get back into MMA because, regardless of how I enjoy boxing, I do miss MMA. Francis Ngannou knocks down Tyson Fury during their heavyweight fight at Boulevard Hall on October 28, 2023, in Riyadh, Saudi Arabia.
Persons: Francis Ngannou, Renan Ferreira, , ” Ngannou, Ferreira, Cooper Neill, Ngannou, Tyson Fury, Fury’s, Anthony Joshua, I’ve, It’s, , ” Francis Ngannou, Joel Sagat, , Stipe Miocic, Justin Setterfield, It’s what’s Organizations: CNN, UFC, Professional Fighters League, CNN Sport, Giants, Washington DC, Getty, Hall, Locations: Saudi Arabia, Riyadh, Ngannou, Kobe, Washington, Cameroon, America, Paris, Spain, Gibraltar, AFP, American
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe soft landing backdrop will be good for continued broadening, says Rockland's David SmithDavid Smith, Rockland Trust CIO, joins 'Power Lunch' to discuss the election uncertainty impact on the market.
Persons: Rockland's David Smith David Smith Organizations: Rockland Trust
Procter & Gamble on Friday reported weaker-than-expected revenue as lower demand in China again weighed on its sales. The company reported flat volume for the quarter. The metric excludes pricing, which makes it a more accurate reflection of demand than sales. The company called out volume declines in China for both its hair care and oral care segments. Both P&G's health care and baby, feminine and family care divisions both reported 1% declines in volume for the quarter.
Persons: Gamble, Andre Schulten, Schulten Organizations: Procter, LSEG, SK, Gillette, Venus Locations: China, U.S, Greater China
Google's NotebookLM Audio Overview feature went viral for its podcast-like AI discussions. Shortly after the AI tool's Audio Overview feature went viral, Google's product lead for NotebookLM, Raiza Martin, shared plans to release more features. Google's AI product made a splash in the tech world with its human-sounding "Deep Dive" conversation between two AI hosts, powered by the company's Gemini 1.5 large language model. The NotebookLM tool allows users to generate a roughly 10-minute AI Overview — basically an AI-generated podcast discussion — based on the material you upload. Additionally, with millions of people using the product, NotebookLM has officially removed the "Experimental" label for the product.
Persons: Google's, It's, , Raiza Martin, Martin, NotebookLM, Donald Trump's Organizations: Service, Business Locations: NotebookLM
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSmith: Israel is in a war... that could be huge for the energy markets. Mark Smith, Wells Fargo Advisors SVP, emphasizes "geopolitical risk" as the word of the day, particularly in relation to the upcoming election and its impact on the energy sector.
Persons: Israel, Mark Smith Organizations: Smith, Wells, Wells Fargo Advisors Locations: Wells Fargo
Harris’ approach to the border: Trump falsely claimed of Harris: “She was saying the other day, ‘Yes, oh yes, we want to have a border.’ The first time she ever said it. The legal status of immigrants in Springfield: Trump falsely claimed, “They just dropped 30,000 illegal aliens in Springfield, Ohio.”This is false in more than one way. And while there is no official tally of the number of immigrants in Springfield, Trump’s “30,000” figure exceeds local estimates. More about immigrants in Springfield: Trump claimed that immigrants in Springfield are on “probation,” and he added, “Probation is for prisoners.” This is false in two ways. The word “caravan”: Talking about migrant caravans, Trump repeated his false claim that he invented the term: “The caravan.
Persons: Donald Trump, Kamala Harris ’, Harris, Trump, Joe Biden, , ” Biden, Alejandro Mayorkas, Biden, ” Harris, didn’t, , , it’s, , Kamala Harris, It’s, Hurricane Helene, Hurricane Milton, ” James Hathaway, that’s, they’re, “ That’s, Ohio Sen, JD Vance, Trump’s, Mike DeWine, Vance, Chris Cook, ” Roberto Briceño, ” Trump, ” Helen Fair, hasn’t, Mike Coffman, ” Coffman, They’ve, Honduras –, Barack Obama, Obama’s, Harris “, Aaron Reichlin Organizations: Washington CNN, White, Homeland, Trump, Biden, Department of Homeland Security, ICE, Immigration, Customs, FEMA, Federal Emergency Management Agency, Congress, House Republicans, Refugee, Asylum, University of Michigan, UN, YES, ” Republican Ohio Gov, New York Times, US, , CNN, Venezuelan, of, . Migrants, Democratic, Institute for Crime & Justice, Research, Birkbeck , University of London, Republican Aurora, Central, Customs Enforcement, El Salvador, Homeland Security, American Immigration Council, ICE hasn’t Locations: El Salvador, Guatemala, Honduras, United States, Texas, Arizona, Afghanistan, , That’s, Mexico, U.S, Springfield , Ohio, Univision, Springfield, Ohio, , Cuba, Vietnam, Hungary, Czechoslovakia, Lebanon, Venezuela, Caracas, Congo, Democratic Republic of Congo, Republic of Congo, United Kingdom, Colorado, Venezuelan, Aurora, America
Hurricane Milton's estimated damage to Florida's agriculture could go up to $2.5 billion. That's according to estimates from the Florida Department of Agriculture and Consumer Services. AdvertisementHurricane Milton singlehandedly wrecked as much havoc on Florida's agriculture as three other major hurricanes combined, according to new estimates from the state's agriculture department. The commodities affected by hurricane damage include animal products, citrus and non-citrus fruit farming, field crops, greenhouses, and vegetable farming, per the damage assessment. Representatives of Florida's Department of Agriculture didn't respond to a request for comment from Business Insider, sent outside business hours.
Persons: Idalia, Debby, , Milton, — Helene, Wilton Simpson, Tom Vilsack, Simpson, Hurricane Milton, Hurricane Helene, Helene Organizations: Florida Department of Agriculture, Consumer Services, Hurricanes, Service, Milton, US Department of Agriculture, Department of, Agricultural Statistics Service, National Agricultural Statistics Service, Fitch, Hurricane, Analytics, Moody's Analytics, Florida's Department, Agriculture, Business Locations: Milton, Florida, Florida's
- | Afp | Getty ImagesMany investors worry about how the outcome of the presidential election will impact their investments. But there's another risk financial advisors are focused on — public debt, according to a new survey from Natixis Investment Managers. The term public debt is used interchangeably by the U.S. Treasury with national debt and federal debt. Experts say there are certain moves individual investors can make to limit the financial exposure they have to those broader risks. For investors who worry the country's debt may lead to slow growth, it can help to add international exposure to a portfolio, Cheng said.
Persons: , they're, Dave Goodsell, Marguerita Cheng, Cheng, Goodsell, Bonds, Barry Glassman, Glassman, Roth, Pare Organizations: Elena Bozeman Government, Afp, Getty, Natixis Investment, Natixis Center, Investor Insight, U.S, Treasury, Social Security, Blue, Global Wealth, CNBC FA Council, Wealth Services, CNBC FA Locations: Arlington , Virginia, U.S, Gaithersburg , Maryland
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's GDP growth will likely stay at about 4.5% for the whole of 2025, economist saysErica Tay of Maybank Investment Banking Group says she disagrees with Chinese officials where growth drivers are concerned.
Persons: Erica Tay Organizations: Maybank Investment Banking Group
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMorgan Stanley on Netflix: Still see opportunity for the streaming giant to hit $1,050Benjamin Swinburne, Morgan Stanley analyst, joins 'Money Movers' to discuss Netflix's quarterly earnings results, why the firm is reaffirming its price target on Netflix, and what gives the firm this confidence in Netflix.
Persons: Morgan Stanley, Benjamin Swinburne Organizations: Netflix
As a trained chef, I know a few cooking techniques that will make common dishes better. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAs a trained chef, I know that even the smallest tweak can make the largest difference on your final plate. AdvertisementBy the time your chicken is cooked through, you'll have some of the most flavorful veggies to serve with it. Stir everything together at the end with noodles for a homemade soup that'll stop any cold in its tracks.
Persons: , Caesar, browning, Joanna, Proshkin Aleksandr, Cook Organizations: Service, mayo Locations: mayo
Embraer CEO Francisco Gomes Neto speaks during the Embraer Media Day 2022 at the aircraft factory in Sao Jose dos Campos, Brazil, May 30, 2022. Brazilian plane maker Embraer SA is studying the market and new technology that could warrant it building an all-new jet, CEO Francisco Gomes Neto told CNBC. A new airplane could help the airplane manufacturer compete with much larger rivals Airbus and Boeing , which deliver hundreds of jets a year compared with Embraer's dozens of aircraft. But Gomes Neto noted that no decisions have been made yet. In the meantime, Gomes Neto said Embraer is focused on improving results and selling its regional planes, which won orders earlier this year from American Airlines , manufacturing its E2 jet and "delivering what we promise" customers.
Persons: Francisco Gomes Neto, Sao Jose dos Campos, Gomes Neto Organizations: Embraer, Embraer Media, Embraer SA, CNBC, Airbus, Boeing, American Airlines Locations: Sao Jose, Brazil, Brazilian
Grant said stocks could soon enter a period of weak returns, possibly for "many years." AdvertisementThe bull market in stocks looks like it's close to the top, according to an investment chief. AdvertisementSentiment and position indicators are also flashing signs investors are overexcited about the stock market, Grant said. The 3-month moving average of year-ahead stock market expectations has climbed to its highest on record, according to Conference Board data. That suggests there's little "cushion" in the event the stock market declines or experiences a shock, Grant said.
Persons: Michael Grant, Grant, , subpar, Morgan Organizations: Calamos Investments, Service, Conference, Board, Federal, Federal Reserve, Governors, Morgan Research, Bloomberg, Investors
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin climbs 9% for its best week in more than a month: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Chris Metinko of Crunchbase breaks down the latest VC funding data for web3 startups.
Persons: explainers, Chris Metinko Organizations: CNBC Crypto, CNBC
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