David Riedel, Riedel Research Group, joins 'Fast Money' to talk the drop off in China foreign investments.

The long-term for China may not look so bright, says David Riedel on emerging markets investing

Khoon Goh from ANZ says while there may be carry trade unwind in Chinese Yuan, the currency isn't expected to strengthen suddenly or too much because it's under firm control by the government and China is still on an easing path given weak domestic consumption.

The Chinese Yuan may be the next carry trade to unwind: ANZ

A "record-breaking backlog" of pending actions has led to an estimated $1.1 billion in improper beneficiary payments, according to a new report. Experts say the Social Security Administration needs more funding in its budget to properly address a "customer service crisis." The Social Security Administration faces a "record-breaking backlog" of...

'Record-breaking backlog' leads to $1.1 billion in improper Social Security payments, report finds

Reuters

NEW YORK (Reuters) - Sharpie pen maker Newell Brands is moving some production of kitchen appliances out of China and has relocated manufacturing for its writing business to Tennessee as it faces "uncertainty" on tariffs ahead of the U.S. presidential election, Newell CEO Chris Peterson said in an interview with Reuters.

Sharpie-maker Newell moves more operations from China as tariffs loom

The market for cryptocurrency exchange-traded funds (ETFs) will expand to encompass new types of digital assets as well as diversified crypto indexes, according to an executive at asset manager Grayscale Investments. “We're going to see a number of more single asset products, and then also certainly some index based and...

Crypto ETFs will expand to new asset types, indexes — Grayscale executive

Louisiana State

California State

Local officials and advocates in California are divided over Gov. Gavin Newsom's recent executive order requiring state agencies to remove homeless encampments on public property, leaving the homeless community caught in the middle and uncertain where they will go. In June, the Supreme Court ruled that punishing homeless people for...

'It’s mayhem and craziness': Californians react to Gavin Newsom’s order to remove homeless encampments

San Francisco-based cross-border payments company Ripple announced on Friday that it had begun testing its USD-backed stablecoin on its native blockchain, XRP Ledger, and the second largest crypto network, Ethereum (ETH). Ripple revealed earlier this year that it would launch its own stablecoin as it forays into the $160 billion...

XRP Set For $160 Billion Market Shake-up As Ripple Kicks Off Testing Of Its Much-Hyped Stablecoin

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NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

LONDON (Reuters) -A rally in Japanese shares led stocks higher on Tuesday ahead of a slew of data this week, including U.S. inflation numbers, which could clarify the Federal Reserve's policy outlook after volatile markets last week.

Japanese rally lifts shares ahead of US data

TheDailyBeast

Fears of an impending U.S. recession sent the Dow Jones Industrial Index tumbling more than 1,000 points in early trading Monday and triggered a panic sell-off in financial markets around the world.Wall Street went into meltdown with the S&P 500 down 4 percent and Nasdaq dropping 5.5 percent. The Dow Jones slipped 3 percent, or 1,197 points by 9.35 a.m. Eastern.Earlier, the FTSE 100 index in London fell by 2.1 percent, and it was followed by the Nikkei 225 in Japan plunging by 12.4 percent, or 4,451 points, the biggest one-day points drop in history.In Paris, the CAC-40 fell by...

Stock Markets Crash Worldwide Over Fears of U.S. Recession

CNBC brings you fast, accurate, and actionable business news and market updates.

The Pre-Market Rundown 2: August 12, 2024

MEXICO CITY/NEW YORK (Reuters) -The Mexican peso touched its weakest against the U.S. dollar in nearly two years before paring much of the losses back, as concerns the U.S. economy could be headed for a recession added to recent peso weakness as a popular global trade unwinds.

Mexican peso pares losses, remains volatile on US recession fears

Macy's will set off a wave of change at malls, as it closes about 150 namesake stores across the country by early 2027. The department store operator has long been a mall anchor, with stores that range between 200,000 and 225,000 square feet. Mall owners could convert the former Macy's...

Apartments, hockey rinks and Amazon warehouses: Macy's closures will set off a wave of change at shopping malls

Jimmy Chang, Rockefeller Family Office CIO, joins 'Closing Bell' to discuss his defensive playbook.

Rockefeller's Jimmy Chang on why he favors defensive parts of the market

Cooking With Maryann

The flavor combos in this will blow your mind! At only 20 minutes from start to finish, that's a dinner winner in my book! Here's all you'll need to make it (4 servings):. 1 Tbl light soy sauce (I like Shoyu)

Garlic Shrimp with Browned Butter Honey Sauce

Denver, CO

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David Heitz

More dangerous substances are entering the Denver drug supply, Harm Reduction Action Center warned in a newsletter this week. “The Iron Law of Prohibition posits that as law enforcement becomes more intense, the potency of prohibited substances increases,” HRAC Executive Director Lisa Raville wrote in the newsletter. That is exactly what is happening, she said.

Dangerous substances entering Denver drug supply

CNBC’s Diana Olick joins 'Power Lunch' to discuss new methane eating microbes.

Startup transforms methane into fertilizer using microbes

— This is the biweekly script of CNBC's news report for China's CCTV on August 09, 2024. Over 10,000 athletes participated, with 8 million tickets sold, and nearly 3 billion viewers tuning in remotely worldwide. This demonstrates the immense global appeal of the Olympics, held every four years. However, it's important to note that hosting the Olympics has always been very costly. Let's take a look at the expenses of the recent host cities for the Olympics.

CCTV Biweekly Script 09/08/24

The FBI said Monday afternoon that it is investigating what the Trump campaign has characterized as a successful effort to hack into its campaign and steal private documents. The FBI statement comes after Politico, The Washington Post and The New York Times reported over the weekend that they had received seemingly authentic files stolen from the Trump campaign. A Trump campaign spokesperson said Saturday that it had been hacked in June. NBC News has not received any of the purported files.

FBI says it’s investigating Trump campaign claim of hacked files

Tracey Tee, 48, and her business partner spent nearly a decade building a successful brand and traveling across the country performing parent-focused comedy sets. "And then Covid [and] the lockdowns happened," she says. "Within two weeks, we had to cancel nearly 100 shows for 2020, and lost everything. Almost a 10-year business just slipped through our fingers like sand. And the grief of that, especially what felt like an epic failure that just wasn't our fault, was intense and then compounded with the lockdown."

48-year-old founded 'Moms on Mushrooms' to share the practice of microdosing for mental health

NewsBreak

Unwinding of the yen carry trade is healthy, says Monex Group's Jesper Koll

Jesper Koll, expert director at Monex Group,...

Unwinding of the yen carry trade is healthy, says Monex Group's Jesper Koll

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