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October 25, 2021

Economy

Democrats trim Biden’s social spending plan as they rush to strike a deal this week

CNBC
by CNBC039
CNBC – For more and to sign up click here U.S. President Joe Biden speaks to reporters before departing for Newark, New Jersey from the Delaware Air National Guard Base, New Castle, Delaware, U.S., October 25, 2021. Jonathan Ernst | Reuters WASHINGTON – As President Joe Biden prepares to depart......
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‘Buckle your seatbelts’ because earnings will start to disappoint, long-term bull Art Hogan warns

CNBC
by CNBC045
CNBC – For more and to sign up click here Earnings season may turn an ugly corner. Long-term bull Art Hogan warns a storm of disappointing corporate guidance and missed revenue targets is ahead. “Buckle your seatbelts,” the National Securities’ chief market strategist told CNBC’s “Trading Nation” on Friday. “This......
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Twitter and Square CEO Jack Dorsey says ‘hyperinflation’ will happen soon in the U.S. and the world

CNBC
by CNBC0120
CNBC – For more and to sign up click here Jack Dorsey, CEO of Twitter and co-founder & CEO of Square, speaks during the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021. Marco Bello | AFP | Getty Images Twitter co-founder......
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Offshore Wind Power Prepares to Set Sail – Environment

@BreaknNews
by @BreaknNews00
(NewsUSA) – Wind power can be a breath of fresh air for many communities in the form of creating jobs and lowering energy costs. In fact, proposed plans calling for 20,000 to 30,000 megawatts (MW) of offshore wind capacity to be operational by 2030 include projections for up to 83,000......
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Universal pre-K in focus amid spending showdown

CBS News
by CBS News00
CBS News – For more and to sign up click here Universal pre-K in focus amid spending showdown – CBS News Watch CBSN Live There are new signs that congressional Democrats may be nearing an agreement on President Biden’s “Build Back Better” plan. A key part of that plan is......
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Jeffrey Gundlach says inflation will stay above 4% through 2022

CNBC
by CNBC03
CNBC – For more and to sign up click here Billionaire bond investor Jeffrey Gundlach said Friday that inflation in consumer prices likely will remain elevated through 2021 and stay above 4% through at least 2022. Citing pressures from shelter costs and rising wages, the head of DoubleLine Capital told......
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Ron Insana: A new ‘Marshall Plan’ is needed to combat inflation and supply chain problems

CNBC
by CNBC01
CNBC – For more and to sign up click here Pork and beef products are displayed on a shelf at a Safeway store on October 4, 2021 in San Francisco, California. Justin Sullivan | Getty Images There’s been a great deal of chatter of late in financial papers, broadsheets and......
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U.S. business activity accelerates in October, shortages hamper factories – IHS Markit survey

Reuters
by Reuters00
WASHINGTON (Reuters) – U.S. business activity increased solidly in October, suggesting economic growth picked up at the start of the fourth quarter as COVID-19 infections subsided, though labor and raw material shortages held back manufacturing. FILE PHOTO: A man is seen silhouetted wearing a protective face mask, amid the coronavirus......
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HSBC has some strategies for investors to overcome the ‘wall of worry’

CNBC
by CNBC01
CNBC – For more and to sign up click here The HSBC Holdings Plc headquarters building in Hong Kong, China. Paul Yeung | Bloomberg | Getty Images LONDON — HSBC Asset Management has shared a raft of advice with clients looking to navigate the current “wall of worry” facing global......
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Stocks making the biggest moves premarket: Snap, Intel, Zoom Video, Boston Beer & more

CNBC
by CNBC060
CNBC – For more and to sign up click here Check out the companies making headlines before the bell: Snap – Shares of the Snapchat parent plunged 19.5% in the premarket after the company warned of slowing growth due to the recent changes in Apple’s iOS privacy rules. Those rules make......
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ESG will create financial bubbles just like crypto, banking body CEO says

CNBC
by CNBC033
CNBC – For more and to sign up click here Financial bubbles will form as investors scramble to make deals in the sustainability space, according to Tim Adams, the president and CEO of the Institute of International Finance. Speaking during a panel at CNBC’s Sustainable Future Forum on Thursday, Adams......
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Watch CNBC’s Sustainable Future Forum Asia: Technology & Innovation

CNBC
by CNBC054
CNBC – For more and to sign up click here [The stream is slated to start at 2 a.m. ET. Please refresh the page if you do not see a player above at that time.] Click on the stream above to watch to CNBC’s Sustainable Future Forum. Friday’s session from......
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EXCLUSIVE BOJ discussing phasing out pandemic support as economy reopens – sources

Reuters
by Reuters00
Businessmen wearing protective face masks walk on a pedestrian bridge, amid the spread of the coronavirus disease (COVID-19), in a business district in Tokyo, Japan June 24, 2020. REUTERS/Issei Kato Markets expect extension of scheme’s March deadline Decision on pandemic loan programme due Dec at earliest Some fret of cost......
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The cheapest way to ‘own’ a superyacht? Buy an apartment on one

CNBC
by CNBC012
CNBC – For more and to sign up click here Travelers who fantasize about owning a superyacht may be able to turn their dreams into reality — at a much lower price. Residential yachts, as they are called, are essentially apartment buildings at sea. Buyers purchase apartments on massive yachts,......
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Biden’s support is fading as concerns over the economy and Covid grow, CNBC survey finds

CNBC
by CNBC02
CNBC – For more and to sign up click here President Joe Biden’s approval rating slipped deeply underwater in the CNBC All-America Economic Survey as Americans soured on his economic leadership, lost some confidence in his handling of the coronavirus, and grew increasingly concerned about inflation and supply shortages. Just......
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Why Eric Adams remains our enthusiastic choice to be NYC’s next mayor

NYPost
by NYPost00
Post Editorial Board Eric Adams is simply far better suited to do what him and Curtis Sliwa both agree is Job No. 1: Get on top of the crime and public disorder plaguing New York. Source – For more click here To Return to the Main Aggregate News Page –......
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Dubai’s economy shows promising growth after slumping 11% last year

CNBC Real Estate
by CNBC Real Estate00
frantic00 | iStock | Getty Images DUBAI, United Arab Emirates — Dubai’s economy contracted by 10.9% year-on-year in 2020, data from the Dubai Statistics Center revealed, reflecting a city hit hard by the coronavirus pandemic and the halting of global travel. The commercial capital of the United Arab Emirates, Dubai......
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These are the world’s best economy and low-cost airlines, according to 13 million travelers

CNBC
by CNBC034
CNBC – For more and to sign up click here If you want to fly in style without spending a fortune, pay attention: There’s a new top economy class in town. It’s Tokyo-based Japan Airlines, according to research firm Skytrax, which released the latest results from its annual “World’s Best......
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How Biden’s $3.5 trillion economic plan compares to LBJ’s Great Society and FDR’s New Deal

CNBC
by CNBC05
CNBC – For more and to sign up click here Anna Moneymaker | Getty Images News | Getty Images President Joe Biden’s $3.5 trillion economic agenda — and the social spending it would usher in — has few parallels in modern U.S. history. The New Deal era of the 1930s......
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