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However, a new study finds regular use of fish oil supplements may increase, not reduce, the risk of first-time stroke and atrial fibrillation among people in good cardiovascular health. Nearly one-third of those people, who were followed for an average of 12 years, said they regularly used fish oil supplements. Over-the-counter fish oil suffers from a lack of purity and consistency, as well as the potential contaminants and heavy metals such as mercury that come with fish, Freeman said. “In addition, studies over the last 10 years have not been very positive for over-the-counter fish oil,” he added. “Fish oil was either having no benefit or in some cases it may harm, such as with stroke and AFib.
Persons: ’ ”, Andrew Freeman, , , Freeman, that’s, ” Freeman, sasirin, Richard Isaacson, Isaacson, Chia, ” Isaacson Organizations: CNN, Jewish Health, Costco, Food and Drug Administration, US, NSF International Locations: United States, Denver, United Kingdom, Boca Raton , Florida, Lake
Here are the 10 decor mistakes she hates to see in other people's homes. "The drapery rod should be hung as high up as possible, close to the ceiling," Moreira said. Repeating too many of the same wood tones can make the room look one-dimensionalIt's not ideal to buy furniture in matching wood tones when decorating a room, Moreira told BI. When shopping, she said, consider the floor space you're working with as well as the architecture of the room. "You should have good traffic flow within the space, but it should never feel like it's missing a piece or feel empty," Moreira told BI.
Persons: , Manuella Moreira, Moreira, Nightstands, Fiordaliso Organizations: Service, Business Locations: Los Angeles
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's what's driving the price of copper and other metals higherEdward Meir, Marex senior base metals analyst, joins 'Squawk Box' to discuss the recent moves in copper, if the market seems vulnerable at current levels, and more.
Persons: Edward Meir, Marex
(Photo by William WEST / AFP) (Photo by WILLIAM WEST/AFP via Getty Images)LONDON — Anglo American rejected a third takeover proposal from rival BHP Group on Wednesday, as the companies agreed to extend talks deadline by one week. The British miner confirmed the third proposal from BHP offered about £29.34 per Anglo American share, based on undisturbed share prices as of market close on April 23. Shares of Anglo American were up 0.35% shortly after the announcement, while BHP shares fell over 3.4%. The combined companies would form a behemoth in copper mining and the world's largest player in the space, supplying 10% of global output, according to a Reuters analysis. Anglo rejected both previous offers, however, saying that they "significantly undervalue the company and its future prospects."
Persons: Stuart Chambers, Chambers, Duncan Wanblad Organizations: BHP, William WEST, WILLIAM WEST, Getty, BHP Group, London Stock Exchange, Limited, Iron Ore Limited, Rio Tinto Locations: Melbourne, Australian, AFP, American, London, Australia
A bipartisan group of four congressional lawmakers have objected to the Biden administration plan to boost access to metals needed for electric vehicle batteries by easing sanctions on an Israeli mining executive accused of corrupt practices in the Democratic Republic of Congo. The objection came as the Biden administration moves to allow Dan Gertler, an Israeli billionaire, to sell his financial stake in three mines in Congo as part of an effort to remove him from the mining trade there. Senior Biden officials have argued this will help Congo, the largest producer of cobalt in the world, by enticing more Western-leaning investors. Mr. Gertler has said that all his investments in Congo were aboveboard. But the four lawmakers — two senators and two House members — disputed that, saying the Biden administration was wrong to propose allowing Mr. Gertler to profit as he sells off his holdings in Congo.
Persons: Biden, Dan Gertler, Gertler, Organizations: Democratic, Biden Locations: Democratic Republic of Congo, Congo
CNN —Human testicles contain microplastics and nanoplastics at levels three times higher than animal testes and human placentas, a new small study found. “They look like little shards, tiny broken bits from very, very old plastics,” said Campen, a regents’ professor of pharmaceutical sciences at the University of New Mexico in Albuquerque. Researchers expected to find more plastic shards in the testicles of older men in the study, but that wasn’t the case, Campen said. “In testes, the levels of plastic was three times as much as we saw in placentas,” Campen said. In studies of pregnant mice, researchers have found plastic chemicals in the brain, heart, liver, kidney and lungs of the developing fetus 24 hours after the pregnant mother ingested or breathed in plastic particles.
Persons: , Matthew Campen, Campen, ” Campen, “ We’re, Adrienne Bresnahan, Kimberly Wise White, Leonardo Trasande, don’t, Trasande Organizations: CNN, micron, Sciences, University of New, Endocrine Society, Getty, American Chemistry Council, placentas, American Academy of Pediatrics, NYU Langone Health, Natural Resources Defense Council, Invest Locations: University of New Mexico, Albuquerque, United States, placentas, Beijing
A chipmaker was among Monday's biggest analyst calls along with a hospital stock. Morgan Stanley upgraded Micron Technology and raised its price target on the stock — though it sees only limited gains ahead. U.S. Steel shares have dropped more than 26% year to date. The bank upgraded the computer memory stock to equal weight from underweight and increased its price target to $130 per share from $98. He also raised hi 12-month price target to $226 from $189, implying upside of 27% from Friday's close.
Persons: Morgan Stanley, Dell, Samik Chatterjee, Bernstein, Toni Sacconaghi, DELL, — Brian Evans, Jefferies, Christopher LaFemina, LaFemina, Stifel, Ruben Roy, Baird, Tristan Gerra, Tom O'Malley, Brian Evans, Micron Technology Morgan Stanley, Morgan Stanley's, Joseph Moore, Moore, AJ Rice, Rice, Fred Imbert Organizations: CNBC, Micron Technology, UBS, Universal Health Services, JPMorgan, Dell, Jefferies, U.S, Steel, U.S . Steel, Nippon Steel's, Wall, TAM, Nvidia, Barclays Locations: U.S, Friday's
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world. CNN —China has hinted at possible tit-for-tat action against trade barriers imposed by the United States last week, as relations between the two economic superpowers become increasingly fraught. On Sunday, China’s Ministry of Commerce said it was launching an anti-dumping probe into polyoxymethylene or POM copolymers, a thermoplastic used in various industries ranging from auto parts to electronics, imported from the US, the European Union, Taiwan and Japan. Thermoplastics are malleable when heated but become fixed in a solid shape when cooled, and can partially replace metals such as copper and zinc. The investigation should take a year to complete, but may be extended by another six months, the ministry added.
Persons: Joe Biden Organizations: CNN, United, China’s Ministry of Commerce, European Union, EV Locations: China, United States, Taiwan, Japan
Here are Monday's biggest calls on Wall Street: Melius reiterates Apple as buy Melius said it sees several positive catalysts ahead for Apple. Bernstein reiterates Dell as outperform Bernstein raised its price target on the stock to $155 per share from $120. Goldman Sachs reiterates Amazon as buy Goldman said it's standing by its top pick status on shares of Amazon. " Barclays reiterates Nvidia as overweight Barclays raised its price target on Nvidia to $1,100 from $850. Morgan Stanley upgrades Micron to equal weight from underweight Morgan Stanley raised its price target on Micron to $130 per share from $98.
Persons: Melius, Bernstein, Dell, Stifel, Baird, Goldman Sachs, Goldman, , Huntington Ingalls, it's, it's bullish, Redburn, Tesla, Morgan Stanley, Salesforce, Jefferies, Evercore, TJX Organizations: Apple, Developers, Citi, RIO, Nvidia, Barclays, Robotics, Group, Marex Group, Micron, Hasbro, U.S . Steel, UBS, Universal Health Services, JPMorgan, TJX Companies, SSS, Seaport, FedEx, US Locations: Tinto, America, Cleveland, China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with PIMCO's Erin Browne and Payne Capital’s Courtney GarciaPIMCO's Erin Browne and Payne Capital's Courtney Garcia join 'Closing Bell' to discuss what's next for the markets, the cyclical trade, and precious metals.
Persons: PIMCO's Erin Browne, Payne Capital’s Courtney Garcia, Erin Browne, Payne Capital's Courtney Garcia, what's
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe broadening of the market will drive more flows in equities, says PIMCO's Erin BrownePIMCO's Erin Browne joins 'Closing Bell' to discuss what's next for the markets, the cyclical trade, and precious metals.
Persons: PIMCO's Erin Browne, Erin Browne, what's
Gold prices hit an all-time high on Monday as a slowing U.S. inflation trend boosted expectations that the Federal Reserve could deliver its first interest rate cut soon, while silver scaled a more than 11-year peak. Spot gold was up 0.9% at $2,436.76 per ounce, as of 0340 GMT after hitting a record high of $2440.49 earlier in the session. Data last week showed signs of cooling inflation and traders now expect a 65% chance of a U.S. rate cut by September. "Gold prices sneaked in a cheeky record high ahead of China's (market) open on Monday. Spot silver rose 2.5% to $32.28 after hitting an over 11-year high.
Persons: Kyle Rodda, Bullion, Matt Simpson, Wang Tao Organizations: Fort, Federal Reserve, Index, Palladium Locations: Fort Knox Alaska, Kinross, Tetlin , Alaska, U.S, China's, China
Indian authorities have seized over $1 billion in cash, drugs, and goods in the country's elections. The amount has surpassed the total seized during the whole of the last general election in 2019. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe Election Commission of India (ECI) said it has seized 88.9 billion rupees, or around $1.1 billion, in drugs, cash, and other goods like precious metals and liquor as part of its efforts to stamp out illegal vote inducements in the country's general election.
Persons: Organizations: Service, of India, Indian government's Press, Business
Kharkiv, Ukraine CNN —Thirty miles to the north, Russian forces are invading again. 00:41 - Source: CNNHotel manager Olha SokolenkoOlha Sokolenko, director of Kharkiv Palace Hotel, was in the hotel at the moment of the strike. This is my homeland.”Kharkiv’s mayorKharkiv's mayor, Ihor Terekhov, was elected just a few months before the Ukraine war broke out. To send signals both to Kharkiv residents who stay here that life goes on, and signals to those outside of Kharkiv that Kharkiv is a Ukrainian city and people live here.”Lomako explains that he and his partners traveled across the country to collect local recipes and techniques. Kharkiv theater goes undergroundThis theater in Kharkiv is one of several city institutions forced underground by the war.
Persons: Yuriy Sapronov, Sapronov, Chasiv Yar, , Yuriy, Daria Tarasova, ” Sapronov, Olha Sokolenko, Sokolenko, Olha, , Kolotay, Cristiano Ronaldo, Matviy, Mikhaylo Galushko, ” Galushko, Ihor Terekhov, Volodymyr Zelensky, ” Terekhov, Borys Lomako, “ It’s, ” Lomako, Lomako, Dmytro Gurov’s, Dmytro Gurov, CNN Gurov, Gurov, it’s, Oksana Stetsenko, ” Stetsenko, Neda Nezhdana Organizations: CNN, Ukraine CNN, Emergency Service, Soviet, Kharkiv, CNN Hotel, Hotel, ” FC Metalist Kharkiv Matviy Kolotay, FC Metalist Kharkiv, Hirnyk Sport, Coaches, FC Metalist, English, Everton, UEFA, Kharkiv's, Russia, Hyundai, Russian, Employees, Schools Locations: Kharkiv, Ukraine, Russian, Ukraine’s, Che, Russia, , Kaliningrad, Soviet Union, Soviet, Kyiv, Kremenchuk, Uzhhorod, Poltava, Ukrainian, Dnipro
XLU 1M mountain Utilities stocks have risen sharply in May. Woodard identified other ETFs and stocks that could benefit from increased energy consumption and investment in the electric grid. Miners should retain pricing power given constrained capacity after a decade of underinvestment," the Bank of America note said. Bank of America is positive on the Global X Uranium ETF (URA) , which offers exposure to both physical uranium and miners. Bank of America did not include a utilities ETF in the note, but the firm has a buy rating on Xcel Energy, among such stocks.
Persons: Jared Woodard, Woodard, ruddy, — CNBC's Michael Bloom Organizations: Bank of America . Investment, Utilities, Bank of America, Miners, Companies, VanEck Oil Services, Halliburton, Uranium, Xcel Energy Locations: Freeport, McMoRan
Much of it ends up at a plant operated by the Warsan Waste Management Company. “Around 45% percent of Dubai’s total waste comes to this facility,” says Tim Clarke, the company’s CEO. Operational since March of this year, the Warsan plant will use 2 million metric tons of trash annually to produce electricity, enough to power approximately 135,000 homes, according to the company. However, since the plant produces power, replacing the burning of fossil fuels, Warsan Waste Management believes the overall result is positive. But some environmental groups, such as Zero Waste Europe, argue that burning waste to generate electricity discourages efforts to cut waste and initiatives to increase recycling.
Persons: , Tim Clarke, Clarke, , Bryan Staley, Staley Organizations: Dubai CNN, CNN, Warsan Waste Management Company, , United Nations Environment, Waste Management, Energy, Research, Education Foundation Locations: Dubai, Europe, Japan, China, UAE
Three years after Biden administration officials tightened sanctions on a billionaire Israeli mining executive for corrupt business practices in the Democratic Republic of Congo, they have reversed themselves and are offering the executive a deal they hope will bolster the supply of a metal vital to electric vehicles. The plan would allow the executive, Dan Gertler, to sell off his remaining stakes in three giant copper and cobalt mining operations in Congo. Once Mr. Gertler sells his positions, the Biden administration hopes Western-leaning companies will be more willing to invest in Congo, perhaps delivering a greater supply of cobalt to the United States as automakers race to increase domestic production of batteries. But certain State and Treasury Department officials strongly opposed the effort, saying that Mr. Gertler should not be allowed to profit from his deal-making, which the Biden administration earlier argued had cheated the citizens of Congo out of more than $1 billion in mining revenues.
Persons: Dan Gertler, Gertler, Biden Organizations: Biden, Democratic, Treasury Department Locations: Democratic Republic of Congo, Congo, United States
Gold and silver bars of various sizes lie in a safe on a table at the precious metals dealer Pro Aurum in Munich. Gold, silver and platinum prices have been on a tear so far this year, and strategists say the precious metals could continue to hit fresh record highs over the coming months. Spot silver prices, meanwhile, traded 0.5% lower at around $29.54 per ounce. Strategists at Saxo Bank said in a recent research note that gold prices could soon test the $2,400 level, silver may climb as high as $30, while platinum has upside potential to reach $1,130. The Danish bank said Wednesday that its "year of the metals" theme had continued to gather momentum in recent weeks, citing its preference for gold, silver and copper.
Organizations: Aurum, Federal Reserve, Saxo Bank Locations: Munich, London, Danish
Copper futures hit a record high on Wednesday as demand for the base metal stays strong amid a rush to build data centers and the continued electrification of the global economy. It is integral to manufacturing electric vehicles, power grids and wind turbines, especially as the global economy electrifies. The International Energy Agency is expecting power demand from data centers to more than double to over 1000 terawatt-hours (TWh) in 2026 from 460 TWh in 2022. Copper production growth forecast for 2024 has been cut to 0.5% compared with a 3.7% growth estimated by ICSG last October 2023. Anglo American, a major producer, said it would cut copper output in 2024 and 2025 as it seeks to cut costs.
Persons: ICSG Organizations: Aurubis, Bank of America, International Energy Agency, Study, Quantum Minerals, Citi, London Metals Exchange Locations: Hamburg, Germany
Now, after the lab team’s decade of close collaboration with scientists at Google, that data has turned into the most detailed map of a human brain sample ever created. The result is an interactive 3D model of the brain tissue, and the largest dataset ever made at this resolution of a human brain structure. And of course, it would reveal many more problems, things we hadn’t expected.”What about mapping an entire human brain? “Much of what we think we understand about the human brain is extrapolated from animals, but research like this is critical for revealing what truly makes us human. “Each human brain is a vast network of billions of nerve cells,” said Sporns, distinguished professor of psychological and brain sciences at Indiana University.
Persons: Jeff Lichtman —, Harvard University —, , Lichtman, Harvard University That’s, Viren Jain, ” Jain, Jain, there’s, we’re, , ” Lichtman, haven’t, Michael Bienkowski, ” Bienkowski, Andreas Tolias, Berger, Olaf Sporns, Sporns Organizations: CNN, Harvard University, Google, Google Research, Lichtman, Harvard, Cisco, University of Southern California’s Keck School of Medicine, , Stanford University in, Indiana University Locations: Stanford University in California
Two U.S.-listed ETFs — the SPDR S & P Metals & Mining ETF and VanEck Steel ETF — and the Japan-listed NEXT NOTES Japan Equity High Beta Select 30 ETF have each risen more than 10% every year since 2019. SPDR S & P Metals & Mining ETF The SPDR S & P Metals & Mining ETF (ticker: XME) gives investors broad exposure to the metals and mining segment. The VanEck fund has outperformed the S & P 500 in four of the past five years. NEXT NOTES Japan Equity High Beta Select 30 The NEXT NOTES Japan Equity High Beta Select 30 ETF (ticker: 2068.T-JP) is a smart beta ETF. High beta stocks react with more volatility than the rest of the market.
Persons: SPDR, It's Organizations: CNBC, P Metals, Mining, VanEck Steel, , Japan, CNBC Pro, Mining ETF, VanEck, NEXT, Nomura Japan Equity Locations: U.S, Japan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWheaton Precious Metals CEO: The driving force on gold is strong demand in AsiaWheaton Precious Metals CEO Randy Smallwood joins CNBC's 'Money Movers' to discuss commodities, gold prices, mergers & acquisitions in gold mining, and more.
Persons: Randy Smallwood, CNBC's Organizations: Wheaton Precious Metals, Asia Wheaton Precious Locations: Asia
Citigroup analysts upgraded India to "overweight" from "neutral" in their emerging markets allocation on Friday, citing strong earnings and economic growth momentum. It also attributed India's one-year forward price-to-earnings (P/E) of 20x, which is slightly higher than the long-term averages, to a stable earnings trajectory. The brokerage remains "overweight" on India's banks, insurers, public sector enterprises, autos and capital goods companies among others. Citi downgraded China to "neutral" from "overweight", saying the recent rally in its stock markets occurred despite weakening fundamentals. Citi reiterated its "overweight" rating on Taiwan and Korea, maintaining "underweight" on Latin American countries.
Persons: Surendra Goyal Organizations: Hong, Citigroup, Citi, Jefferies, Asia Locations: India, China, Asia Pacific, Japan, Taiwan, Korea
This inflation-focused ETF may be in a sweet spot
  + stars: | 2024-05-11 | by ( Emily Glass | ) www.cnbc.com   time to read: +2 min
But even if the Federal Reserve starts to cut this year, Horizon Kinetics' James Davolos thinks his firm's Inflation Beneficiaries ETF (INFL) is in a sweet spot. "We're actually going into the mature phase of inflation," the firm's portfolio manager Davolos told CNBC's "ETF Edge" this week. Horizon Kinetics created the Inflation Beneficiaries ETF in January 2021 as inflation started to rise after the Covid-19 pandemic quarantine. As of April 30, FactSet shows the Inflation Beneficiaries ETF's top holdings include Wheaton Precious Metals , PrairieSky Royalty and Viper Energy . As of Friday's close, the Inflation Beneficiaries ETF is up 30% since its inception.
Persons: James Davolos, We're, Davolos, CNBC's Organizations: Federal Reserve, Reserve, Wheaton Precious Metals, PrairieSky, Viper Energy
All three major U.S. stock indexes closed higher for the week, led by the Dow Jones Industrial Average . The Nasdaq Composite added 1.14% while the S & P 500 advanced 1.85% in a relatively quiet week of economic updates. Within the portfolio, Disney and Wynn Resorts released quarterly numbers; we took issue with the stock reaction to both reports. It also raises the stakes around major economic releases, such as next week's consumer inflation report. In the week ahead, earnings season continues — headlined by Walmart on Thursday — and inflation data will dominate the economic calendar.
Persons: We've, Jim Cramer, Dow Jones, we'll, We'll, Stanley Black, Decker, Jack, JACK, Arcutis, Spero, JD.com, Armour, Jim Cramer's, Jim, Carlo Allegri Organizations: Dow Jones, Nasdaq, Disney, Wynn Resorts, Procter, Procter & Gamble, Walmart, CPI, PPI, Club, Home Depot, Biotech Corporation, Music Entertainment, Central Puerto S.A, TeraWulf Inc, Paysafe Group Holdings, QuickLogic Corporation, Kopin Corp, Royalty Corp, Agilysys Inc, Crop Solutions Corp, Inovio Biomedical, Intercorp Financial, Lithium, Argentina ) Corp, Sea, Sony Group Corporation, SONY, Holding, HudBay Minerals, Autolus Therapeutics, Game Technology, Nu Holdings, Dragonfly Energy Holdings Corp, Bakkt Holdings, Prestige Consumer Healthcare, SilverCrest Metals, Inc, Mining Corp, Acurx Pharmaceuticals, Cresco Labs, Dole plc, DOLE, Arcos Dorados Holdings, ARCO, Cisco Systems, Grab Holdings, Copa Holdings S.A, Technologies, Iris Energy, KORE Group, Super, Spero Therapeutics, ZTO, Baidu, Deere & Company, NICE, Lightspeed Commerce, Ship Lease, Canada Goose Holdings, Drainage Systems, Consolidated Water Co, Outlook Therapeutics, Despegar.com, Corp, DXC Technology Company, Flowers Foods, Bruker Corporation, WYNN, CNBC, Foods Locations: Procter &, Central, Cayman, Lithium Americas, Argentina, Manhattan, New York City
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