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Steam feeding into the Unit 3 turbine generator of the Vogtle nuclear power plant in Waynesboro, Ga. “The United States is now committed to trying to accelerate the deployment of nuclear energy,” John Kerry, President Biden’s climate envoy, said in September. One recent Pew survey found that 57 percent of Americans favor more nuclear plants, up from 43 percent in 2016. A NuScale engineer gave a tour of a control room simulator, modeling the company’s plans for new nuclear reactors, in 2013. “The demand for clean energy is almost unprecedented,” said Maria Korsnick, president of the Nuclear Energy Institute, an industry group.

Persons: Biden, ” John Kerry, Biden’s, “, ”, Jacopo Buongiorno, Jimmy Carter, Rosalyn Carter, Bruce Springsteen, Dan Reicher, Gavin Newsom, Reicher, Clinton, Jeffrey Collins, Arnie Gundersen, John Williams, “ It’s, Patty Durand, Julie Kozeracki, Kendrick Brinson, Jay Wileman, Bill Gates, Dow, Roger Blomquist, NuScale Power, Jose Reyes, Adam Stein, it’s, they’re, Ahmed Abdulla, Robert Taylor, Leah Nash, NuScale, David Schlissel, Joshua Freed, didn’t, Maria Korsnick Organizations: Unit, Republicans, Nuclear Regulatory Commission, Massachusetts Institute of Technology, Associated Press, Madison, Natural Resources Defense, California Gov, Democrat, Associated, Fairewinds Associates, Components, Workers, Georgia, Southern Company, Georgia Power, Georgia Public Service Commission, Energy Department, The New York Times, GE, Hitachi Nuclear Energy, Vogtle . Ontario, Tennessee Valley Authority, Argonne, National Laboratory, Energy, Nuclear Regulatory, NuScale, ”, Breakthrough Institute, Carleton University, Soaring, Institute for Energy Economics, United, Nuclear Energy Institute Locations: U.S, Waynesboro, Ga, Savannah, Georgia, United States, ”, Pennsylvania, Texas, Virginia, Jenkinsville, Vogtle, South Carolina, South, Canada, Tennessee, Argonne, Chicago, Idaho, Wyoming, California, Alaska, Maryland, Pueblo County, Colo

☆ As Biden and Xi gear up for a high-stakes meeting, experts have low expectations
▼ + stars: | 2023-11-12 | by ( Megan Lebowitz | ) www.cnbc.com time to read: +8 min

Senior U.S. administration officials detailed a handful of agenda items during a briefing with reporters. "We're not talking about a long list of outcomes or deliverables," a senior administration official told reporters. Even in recent days, Chinese officials were hesitant to confirm that Xi would attend the meeting with Biden. Biden and Xi's meeting also comes in the lead-up to Taiwan's 2024 presidential election in January, followed by the U.S. election. "We've been clear publicly and privately that interference in the Taiwan election is something we're extremely concerned about," a senior administration official said.

Persons: Xi Jinping, Joe Biden, Xi, Colleen Cottle, Jude Blanchette, They've, Thomas Fingar, Fingar, Biden, Wang Wenbin, Karine Jean, Pierre, Jean, Oriana Skylar Mastro, Ely Ratner, Ratner, We've, we've, Li Shangfu, Li, David Sacks, Sacks, Xi's Organizations: Global China, Atlantic Council, Senior, Center for Strategic, International Studies, Stanford University, National Intelligence Council, White, U.S ., American Enterprise Institute, NBC News, Defense, Biden, China, Council, Foreign Relations, U.S, Washington Locations: Nusa Dua, Indonesian, Bali, U.S, China, Taiwan Strait, South China, San Francisco, People's Republic of China, Taiwan

The letters were just the latest worrisome disruption for election workers in Seattle and across the country who have been besieged by threats, harassment and intimidation since the 2020 presidential election. Fulton County has been the target of conspiracy theories since the 2020 election, and its election workers have been harassed and threatened over false claims that they were stuffing ballots to aid Democrats. In Pennsylvania, officials estimate 40 of the state’s 67 county election offices have new directors or deputy directors since 2020. In North Carolina, where Republican lawmakers recently moved to gain more control of state and local election boards, roughly a third of 100 county election directors have left since the 2020 election. About 1 in 5 election workers knows someone who left their election job for safety reasons, and about 70% of local election officials said harassment has increased, according to a Brennan Center survey.

Persons: “ There’s, ”, Julie Wise, we’re, –, Brad Raffensperger, ” Raffensperger, “, Barb Byrum, ” Byrum, Kim Wyman, ” Wyman, Liz Howard, Wise, Ed Komenda, Manuel Valdes, Jeff Amy, Lindsay Whitehurst Organizations: ATLANTA, FBI, U.S . Postal, Service, Authorities, Georgia, Republican, Justice Department, Brennan, Associated Press Locations: King County , Washington, Washington, Seattle, King, Georgia, Nevada , California, Oregon, Atlanta’s Fulton County, Fulton County, Ingham County , Michigan, Pennsylvania, Nevada, Arizona, North Carolina, Virginia, Tacoma , Washington, Atlanta

New York is the $1.35 trillion fund's only office outside mainland China besides Hong Kong. CIC asked Bai Xiaoqing, who was in charge of some of its private equity investments from Beijing, to move to New York for the North America head role, the sources said, requesting anonymity because the move has not been publicly announced. U.S. authorities have been especially suspicious of investments originating from entities close to China's communist government, like CIC. CIC is also a significant investor in U.S. private equity funds, as so-called alternative assets comprise almost half of its portfolio. One of its most prominent investments has been a $2.5 billion Goldman Sachs Group Inc (GS.N) private equity fund aimed at investing in companies that can benefit from closer U.S.-China ties.

Persons: Bai Xiaoqing, Zhang Hong, Bai, Zhang, Peng Chun, Larry Fink, Milken, Echo Wang, Roxanne Liu, Kane Wu, Greg Roumeliotis, Edwina Gibbs Organizations: China Investment Corp, North America, CIC, Foreign Investment, American Enterprise Institute, Public, Goldman Sachs Group Inc, China -, China - U.S . Industrial Cooperation Fund, Britain, BlackRock Inc, BlackRock, China's Ministry of Finance, Industrial, Commercial Bank of China, U.S . Treasury, Thomson Locations: North, New York, China, Hong Kong, Washington, Beijing, United States, U.S, China - U.S, BlackRock

☆ U.K. Economy Stagnates as High Interest Rates Take Toll
▼ + stars: | 2023-11-10 | by ( Eshe Nelson | More About Eshe Nelson | ) www.nytimes.com time to read: +4 min

The services sector contracted last quarter as the highest interest rates since 2008 have weighed on the housing industry. Britain’s weak economy mirrors the stagnation in Europe, where eurozone economies contracted 0.1 percent in the third quarter. Across the region, high interest rates intended to drive down inflation are weakening economic activity, with demand for loans dropping and consumer spending slowing. This contrasts with the United States, where the economy is growing strongly and defying expectations for a slowdown prompted by high interest rates. This weak outlook is driven by high interest rates, which are expected to have an increasingly heavy toll on the economy.

Persons: ”, Stephen Millard, Jeremy Hunt, Hunt Organizations: Bank of England, National Institute of Economic, Social Research Locations: Europe, United States, Germany

☆ Ukraine raises grain deliveries to Black Sea ports - railways
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +1 min

Valeriy Tkachov, deputy director of the commercial department at Ukrainian Railways, said on Facebook that over the last week the number of grain wagons heading to Odesa ports increased by more than 26% to 5,341 from 4,227. He said up to 970 wagons were unloaded at the ports' silos every day. Later, a senior agricultural official said the route - which runs along Ukraine's southwest Black Sea coast, into Romanian territorial waters and onwards to Turkey - would also be used for grain shipments. The UCAB agricultural business association said this month that Ukrainian grain agricultural exports rose by 15% to 4.8 million metric tons in October thanks to the new corridor. Ukraine's government expects a grain and oilseeds harvest of 79 million tons in 2023, with a 2023/24 exportable surplus of about 50 million tons.

Persons: Valeriy Tkachov, Oleksandr Kubrakov, Pavel Polityuk, Raju Gopalakrishnan Organizations: Ukrainian Railways, Facebook, Thomson Locations: Ukraine's Odesa, Ukraine, Russia, Black, Turkey

☆ What if all the rats in NYC died tomorrow?
▼ + stars: | 2023-11-10 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +5 min

"You can find newspaper articles going back decades that mentioned the war on rats in New York City," Munshi-South said. With abundant garbage available to them, city rats might not go after wildlife in the same numbers. However, if all rats in NYC died tomorrow it would still save a lot of animals like birds, coyotes, foxes, and feral cats that die each year from rodenticide, the poison used to kill rats, Munshi-South said. Mary Altaffer/APAs scavengers, rats likely play some role in helping remove garbage from city streets and distributing seeds, Byers said. In her research, "we found that folks experienced a number of mental-health impacts from living alongside rats," Byers said, including stress and anxiety.

Persons: —, it's, Kaylee Byers, Jason Munshi, Munshi, Denis de Marney, Byers, Mary Altaffer, Wolfram Steinberg, we're Organizations: Service, Canadian Wildlife Health Cooperative, Fordham University, The New York Times, they've Locations: North America, York City, It's, British Columbia, New York City, Norway, East Coast, Iowa, , New York, rodenticide

A 0.25 mg injection pen of Novo Nordisk's weight-loss drug Wegovy is shown in this photo illustration in Oslo, Norway, August31, 2023. The U.S. Food and Drug Administration on Wednesday said Eli Lilly (LLY.N) could begin selling its drug tirzepatide for weight loss, making it the second obesity drug in a class known as GLP-1s. Studies of Novo's Wegovy showed that it led to 15% weight loss over 68 weeks, while Lilly's drug, which also targets a second hormone called GIP, demonstrated weight loss of more than 22% over 72 weeks. Drugstore chain Walgreens is seeing "enormous demand" for GLP-1s, said John Driscoll, president, U.S. healthcare at Walgreens Boots Alliance (WBA.O). Much has been made of the impact the new weight loss drugs might have on consumer habits such as snack food purchases, but Driscoll said Walgreens has not seen that yet.

Persons: Victoria Klesty, Eli Lilly, Novo, Novo's Wegovy, Lawrence Tabak, John Driscoll, Tabak, Driscoll, Walgreens, Julie Steenhuuysen, Caroline Stauffer, Deena Beasley, Jamie Freed Organizations: REUTERS, Rights, Reuters, Total Health, U.S . Food, Drug Administration, U.S . National Institutes of Health, Walgreens, Walgreens Boots Alliance, Thomson Locations: Oslo, Norway, August31, Victoria, Chicago, U.S, satiety

And tensions between the countries heightened earlier this year when a Chinese surveillance balloon was spotted traveling over sensitive U.S. airspace. The U.S. military shot down the balloon off the Carolina coast after it traversed sensitive military sites across North America. With all of the tensions, the two nations have worked to smooth economic ties. Xi similarly met with Blinken in June when the secretary of state traveled to Beijing for talks with Wang. In January, she had her first face-to-face meeting with former Vice Premier Liu He in Zurich.

Persons: Janet Yellen, Joe Biden, Xi Jinping, Nicholas Szechenyi, ”, Biden, Shou Zi Chew, Wang Yi, Antony Blinken, Jake Sullivan, Xi, Wang, Yellen, Liu, “, Colleen Long, Aamer Madhani Organizations: WASHINGTON, —, Economic Cooperation, Center for Strategic, International Studies, APEC, Chinese Foreign, White, U.S, White House, Blinken, U.S . Treasury Department, China’s Ministry of Finance, Associated Press Locations: San Francisco, Asia, United States, China, U.S, Carolina, North America, Washington, Beijing, Zurich

☆ Global warming: Humanity just lived through the hottest 12 months in at least 125,000 years
▼ + stars: | 2023-11-09 | by ( Manav Tanneeru | Laura Paddison | ) edition.cnn.com time to read: +7 min

A temperature display reading 99 degrees Fahrenheit (37.2 degrees Celsius) in Houston, Texas, on June 21, 2023. “October 2023 has seen exceptional temperature anomalies, following on from four months of global temperature records being obliterated,” Samantha Burgess, deputy director of Copernicus, said in a statement. Every month since June has smashed monthly heat records and every month since July has been at least 1.5 degrees Celsius above pre-industrial levels. The year to-date is averaging 1.43 degrees Celsius above pre-industrial levels, according to Copernicus — perilously close to the internationally agreed ambition to limit global warming to 1.5 degrees Celsius. China saw more than 12 monthly temperature records broken on Monday, with temperatures reaching 34 degrees Celsius (93 Fahrenheit) in some places.

Persons: ” David Reay, Niño, ” Andrew Pershing, “, Chen Chen, Samantha Burgess, Copernicus, ” Hannah Cloke, Hurricane Otis, ” Reay, it’s what’s, Friederike Otto, ”, “ El Niño, ” Pershing, ” CNN’s Robert Shackelford, Sara Tonks, Brandon Miller Organizations: CNN, University of Edinburgh, Climate, University of Reading, Hurricane, Southern, Grantham Institute, Imperial College London, UN Locations: Edinburgh, India, United States, South, Southwest, Houston, Iceland, Lesotho, Houston , Texas, Xinhua, Southern Mexico, China, Texas, Dubai, Paris

Last month smashed through the previous October temperature record, from 2019, by a massive margin, the EU's Copernicus Climate Change Service (C3S) said. The record-breaking October means 2023 is now "virtually certain" to be the warmest year recorded, C3S said in a statement. "When we combine our data with the IPCC, then we can say that this is the warmest year for the last 125,000 years," Burgess said. The only other time before October a month breached the temperature record by such a large margin was in September 2023. Michael Mann, a climate scientist at University of Pennsylvania, said: "Most El Nino years are now record-breakers, because the extra global warmth of El Nino adds to the steady ramp of human-caused warming."

Persons: Akhtar Soomro, Samantha Burgess, Copernicus, C3S, Burgess, Michael Mann, El, El Nino, Piers Forster, Kate Abnett, Jan Harvey Organizations: REUTERS, Rights, Union, El, University of Pennsylvania, El Nino, University of Leeds, Thomson Locations: Jacobabad, Pakistan, Rights BRUSSELS, El Nino, Libya, South America

☆ 'Like something out of a Hollywood movie': Scientists say 2023 likely to be the hottest year on record
▼ + stars: | 2023-11-08 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

That was 0.85 degrees Celsius above the 1991-2020 average for October and 1.7 degrees Celsius warmer than the preindustrial period of 1850-1900. It leaves 2023 firmly on track to surpass the temperature average for 2016 — currently the warmest year ever recorded. Samantha Burgess, deputy director of C3S, said the exceptional temperature anomalies of October followed a four-month period in which global temperature records were "obliterated." "We can say with near certainty that 2023 will be the warmest year on record, and is currently 1.43ºC above the preindustrial average," Burgess said. Referencing the upcoming 2023 United Nations Climate Change Conference, she added, "The sense of urgency for ambitious climate action going into COP28 has never been higher."

Persons: Sakis MITROLIDIS, SAKIS MITROLIDIS, —, Samantha Burgess, C3S, Burgess, COP28 Organizations: European Union, Getty, Change Locations: Alexandroupoli, Greece, Cyprus, Romanian, AFP, El

☆ ECB policy rates should stay tight to see disinflation through, IMF's Berger says
▼ + stars: | 2023-11-08 | 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 EmailECB policy rates should stay tight to see disinflation through, IMF's Berger saysThe IMF's Deputy Director of the European Department, Helge Berger, discusses its latest European regional outlook.

Persons: IMF's Berger, Helge Berger Organizations: European Department

☆ 2023 Virtually Certain to Be the Hottest Year on Record, Scientists Say
▼ + stars: | 2023-11-08 | by ( The New York Times | ) www.nytimes.com time to read: 1 min

October 2023 was the warmest October on record globally, according to data from European climate scientists released on Wednesday. It comes on the heels of the hottest September on record and the hottest summer months globally, rounding out a year of record temperatures around the planet. “We can say with near certainty that 2023 will be the warmest year on record, and is currently 1.43 degrees Celsius above the preindustrial average,” Samantha Burgess, deputy director of the Copernicus Climate Change Service, said in a statement.

Persons: ” Samantha Burgess

☆ A former Fox News correspondent is refusing to reveal a source. Her fate is now in a judge’s hands
▼ + stars: | 2023-11-08 | by ( Oliver Darcy | ) edition.cnn.com time to read: +6 min

Citing documents reviewed by Fox News, Herridge reported that Chen was the subject of a federal probe. In an effort to prove her case, Chen subpoenaed Herridge and Fox News, with the hope of unmasking the source(s) for the stories. Fox News and Herridge aggressively fought the move, arguing that Cooper should quash the subpoenas because of First Amendment protections afforded to the press. Journalists should not be forced to disclose confidential sources,” a Fox News spokesperson said in a statement to me. “It will make other reporters who can’t afford a legal fight let alone harsh sanctions think twice about promising sources confidentiality.

Persons: Catherine Herridge, Cooper, Yanping Chen, Herridge, Chen, Herridge’s, “, ”, ” Herridge, Chen’s, —, Catherine Herridge’s, Floyd Abrams, ” Abrams, Abrams, ” Caitlin Vogus, Vogus Organizations: CNN, CBS News, Fox News, U.S, District of Columbia, Federal Bureau of, “ Fox News, CBS, Pentagon, Department, Justice, Press Foundation

“The amount that we’re smashing records by is shocking,” Burgess said. After the cumulative warming of these past several months, it’s virtually guaranteed that 2023 will be the hottest year on record, according to Copernicus. Scientists monitor climate variables to gain an understanding of how our planet is evolving as a result of human-generated greenhouse gas emissions. A warmer planet means more extreme and intense weather events like severe drought or hurricanes that hold more water, said Peter Schlosser, vice president and vice provost of the Global Futures Laboratory at Arizona State University. Historically, the ocean has absorbed as much as 90% of the excess heat from climate change, Burgess said.

Persons: Samantha Burgess, ” Burgess, it’s, Copernicus, Peter Schlosser, " Schlosser, “, Burgess, Schlosser, That’s, ”, Friederike Otto, Seth Borenstein, ___, Melina Walling Organizations: Global Futures Laboratory, Arizona State University, El Nino, Imperial College London, AP Locations: Paris, Washington, ___

☆ Threats against election workers driving exodus of veteran staff, experts say
▼ + stars: | 2023-11-07 | by ( Chelsey Cox | ) www.cnbc.com time to read: +2 min

Election workers process ballots after polls closed for the U.S. midterm elections at the tabulation center at Cobb County Elections and Registration Center in Marietta, Georgia, U.S., November 8, 2022. WASHINGTON — Physical and cyber threats against election workers are driving people away from the industry, potentially endangering the ability of states to conduct off-year elections like those on Tuesday, and the upcoming 2024 presidential election. Some election experts and secretaries of state said the threats have trended upward since former President Donald Trump and his allies allegedly attempted to undermine, then overthrow, the results of the 2020 presidential election. Witnesses urged senators to invest in protections for election workers ahead of the 2024 presidential election. In recent years, election officials have endured death threats, online harassment and other abusive behavior, according to the Brennan Center.

Persons: Sen, Amy Klobuchar, Adrian Fontes, Donald Trump, Elizabeth Howard, Brennan, Laphonza Butler Organizations: U.S, Administration, Justice Department, Force, Associated Press, Brennan Center for Justice Locations: Cobb County, Marietta , Georgia, U.S, WASHINGTON, Arizona, D

☆ Elon Musk laid him off. Now he’s aiming to build a social network that’s better than X
▼ + stars: | 2023-11-07 | by ( Clare Duffy | ) edition.cnn.com time to read: +17 min

They wanted it to be everything most social media struggles to be: positive, safe and inclusive. And as the user base of the platform now known as X splinters, so does Black Twitter, the community of Black users that was a big part of Twitter’s growth and culture. Legacy social media platforms have repeatedly failed to anticipate how their products might be manipulated or misused until something goes wrong. Alphonzo Terrell, co-founder of the social media app Spill, demonstrates how the platform works during an interview with CNN. CNNEven with AI content moderation models, other social media companies often fail to catch harmful content that makes it onto their platforms.

Persons: Alphonzo Terrell, he’d, Terrell – who’d, –, Elon Musk, Terrell, DeVaris Brown, “, ‘, ’ ” Terrell, who’s, Brown, Musk, ”, Maya Umemoto Gorman, …, ” Terrell, Brown —, Kenya Parham, weren’t, Elon, Maya Iman ‘, they’ve, “ That’s, Alphonzo Terrell “, Paul Barrett, they’d, it’s, — don’t, Jalaiah Harmon, Taylor Lorenz, Latoya Lee, ” Lee Organizations: New, New York CNN, Twitter, Elon, CNN, Spill, Washington Post, HBO, Showtime, YouTube, Intel, Cisco, Microsoft, NYU Stern Center for Business, Human, Apple, Kapor Center, Social, Mac Venture, Netflix, Disney, Amazon Prime, VH1, Pew Research Center, New York Times, California State University Fullerton Locations: New York, Los Angeles, Kenya, Spill, Georgia

☆ Poland’s Art World Awaits a Culture War Counteroffensive
▼ + stars: | 2023-11-06 | by ( Alex Marshall | More About Alex Marshall | ) www.nytimes.com time to read: +1 min

Just weeks after becoming Poland’s culture minister, in 2015, Piotr Glinski began a yearslong effort to shift his country’s cultural life toward the political right. He ousted liberal museum directors, replacing them with conservatives. He created new institutions to celebrate traditional culture and nationalist heroes. Many artists and cultural leaders opposed Glinski’s actions, and there were protests throughout his term, including outside Poland’s National Museum after a leader he had appointed removed sexually suggestive artworks from the walls. Pawel Sztarbowski, the deputy director at the Powszechny Theater, in Warsaw, said that Glinski had tried to “return Poland to an imaginary past.”

Persons: Piotr Glinski, Sztarbowski, Glinski, ” Organizations: Law, Justice, Roman Catholic Church, Poland’s Locations: Warsaw, Poland

☆ How Biden's new student-loan forgiveness plan is trying to keep away some of the lawsuits that threatened the debt relief the first time around
▼ + stars: | 2023-11-06 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

The Education Department is beginning its second round of negotiations for student-debt relief this week. AdvertisementAdvertisementPresident Joe Biden's Education Department is trying to ensure its second plan for student-debt relief can stand up against legal challenges. "This administration is taking another critical step to advance the President's goal of delivering debt relief to as many borrowers as possible. AdvertisementAdvertisement"Following the lead of Republican plaintiffs who filed suit in court, six Supreme Court justices wrongly blocked the President's first attempt of student debt relief," he said. AdvertisementAdvertisementIn September 2022, about a month after Biden announced his first broad relief plan, the Education Department updated its guidance to state that FFEL borrowers would no longer qualify for the relief.

Persons: —, Joe Biden's, Economic Mobility Robert Gordon, Biden Organizations: Department, Service, Joe Biden's Education Department, Education Department, Higher, Republican, Economic Mobility, Family Education, guaranty, Politico

☆ Stock futures are little changed after the S&P 500's best week of 2023: Live updates
▼ + stars: | 2023-11-05 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

U.S. equity futures were flat on Sunday evening after the major averages capped their best week so far this year. S&P 500 futures ticked higher by 0.03% and Nasdaq 100 futures hovered below the flat line at 0.01%. November is the best-performing month for the S&P 500, according to the Stock Traders' Almanac. The S&P 500 has generated an average return of 7% from November through April since then, he said. Several other Fed officials are making public remarks later in the week as well, including New York Federal Reserve President and CEO John Williams, Atlanta Federal Reserve President Raphael Bostic, Richmond Federal Reserve President Thomas Barkin and Dallas Fed President Lorie Logan.

Persons: Dow, LPL, Adam Turnquist, Turnquist, Walt Disney, Wynn, Jerome Powell, Bharat Ramamurti, CNBC's, Lisa D, Cook, John Williams, Raphael Bostic, Thomas Barkin, Lorie Logan Organizations: Dow Jones, Nasdaq, Stock Traders, MGM Resorts, Occidental Petroleum, National Economic Council, New York Federal Reserve, Atlanta Federal Reserve, Richmond Federal, Dallas Fed Locations: Horton, Atlanta, Richmond

☆ October jobs report may signal top of the Fed's hiking cycle: Fmr. NEC Deputy Director Ramamurti
▼ + stars: | 2023-11-03 | 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 EmailOctober jobs report may signal top of the Fed's hiking cycle: Fmr. NEC Deputy Director RamamurtiBharat Ramamurti, Former NEC Deputy Director, joins 'Closing Bell Overtime' to talk the October jobs report.

Persons: Ramamurti Bharat Ramamurti Organizations: NEC

While freezing temperatures are not uncommon for the time of year, the sudden change is unusual. A few days ago, uncharacteristically warm weather saw parts of northern China post record high temperatures exceeding 30C. Winter this year, however, could be warmer due to a moderate El Nino, Jia Xiaolong, deputy director of China's National Climate Centre, told a press conference on Friday. El Nino is a natural climate pattern associated with warming of the ocean surface temperatures in the central and eastern Pacific. But statistics showed that winter temperatures could fluctuate greatly during El Nino, Jia warned.

Persons: REUTER, Tingshu Wang, Doksuri, El, Jia Xiaolong, El Nino, Jia, Ethan Wang, Ryan Woo, Simon Cameron, Moore, Robert Birsel Organizations: Business, Rights, El, China Meteorological Administration, CMA, Authorities, El Nino, Climate Centre, 0.5C, Thomson Locations: China, Rights BEIJING, El Nino, Mongolia, Xinjiang, Beijing, Tianjin, Hebei, Mohe, Pacific, El

☆ Mike Johnson tests his new power with risky gambit on Israel
▼ + stars: | 2023-11-01 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

CNN —New House Speaker Mike Johnson is already tying Washington in new partisan knots. Johnson surprises by picking Israel funding as his first test of credibilityJohnson’s hard ball play on Israel funding came as a surprise given that some of the urgency for ending the speakership impasse last week was to swiftly clear a funding package following the Hamas attacks. The Biden administration on Tuesday formally threatened to veto the House GOP’s standalone Israel aid bill. The inclusion of the offsets could indicate that Johnson needs to placate his most hardline members even to pass a measure as popular as Israel funding. Some other Senate conservatives are also at odds with their leader, backing the decoupling of Israel and Ukraine aid.

Persons: Mike Johnson, Kevin McCarthy, Joe Biden’s, Mitch McConnell, McCarthy, McConnell, Johnson, ” Beth Sanner, “, Biden, ” Sanner, Johnson’s, ’, Jared Moskowitz, ”, “ I’m, Marjorie Taylor Greene of, Rashida, Greene, George Santos, McConnell –, Donald Trump, –, Vladimir Putin, don’t, Rand Paul, he’s, ” Paul, CNN’s Manu Raju, Chuck Schumer, Antony Blinken, Blinken, Lloyd Austin, Putin, ‘ I’m Organizations: CNN, New, Washington, Republican, Republicans, stoke, Internal Revenue, GOP, Louisiana Republican, Democratic, Senate, National Intelligence, Central ”, White, Israel, National Republican, Extreme, Democrats, Jewish Democrat, “, GOP Rep, Democratic Rep, Democrat, New York Rep, titans, Taiwan, New York Democrat, US, NATO Locations: Israel, Louisiana, Ukraine, China, Russia, Washington, Gaza, Florida, Marjorie Taylor Greene of Georgia, Palestinian American, Michigan, Kyiv, Kentucky, United States, Moscow, Iran, Tehran, Baltic

☆ The Fed probably won't cut interest rates just yet — but its next move is expected to be good for Americans
▼ + stars: | 2023-10-31 | by ( Ayelet Sheffey | Madison Hoff | ) www.businessinsider.com time to read: +5 min

It's expected to pause interest rate hikes. On Wednesday, the Federal Open Market Committee is expected to announce its next interest rate decision, and a hike probably isn't in the cards. In September, the Fed paused interest rate hikes as it continued to receive promising data on the country's economic recovery. Powell has not indicated whether a interest rate cut will come this year to get consumers further relief. AdvertisementAdvertisementEven if interest rate cuts are not on the horizon anytime soon, administration officials are confident Americans will not face a recession as they enter 2024.

Persons: It's, —, Nick Bunker, Bunker, Jerome Powell, Powell, we've, Greg McBride, we're, McBride, Janet Yellen, Joelle Gamble, Gamble Organizations: Federal, Service, Fed, North America, New York Federal, Bloomberg, White, National Economic Council Locations: Israel, Ukraine

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