Hundreds chant anti-India slogans in seething Kashmir on eve of Muslim holy festival

Pakistani Christian shout slogans in support of Kashmiris at a rally in the connection of the country Independence Day in Quetta on August 11, 2019, after the Indian government stripped Jammu and Kashmir of its autonomy. Angry Kashmiris gathered at a mosque in Srinagar’s Soura neighborhood after afternoon prayers on Sunday and began shouting anti-India slogans, according to two Reuters witnesses. Protesters carried a large banner carrying the words “Save Article 35A,” referring to the constituti


Pakistani Christian shout slogans in support of Kashmiris at a rally in the connection of the country Independence Day in Quetta on August 11, 2019, after the Indian government stripped Jammu and Kashmir of its autonomy. Angry Kashmiris gathered at a mosque in Srinagar’s Soura neighborhood after afternoon prayers on Sunday and began shouting anti-India slogans, according to two Reuters witnesses. Protesters carried a large banner carrying the words “Save Article 35A,” referring to the constituti
Hundreds chant anti-India slogans in seething Kashmir on eve of Muslim holy festival Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-12
Keywords: news, cnbc, companies, eve, slogans, indian, soura, kashmirs, holy, jammu, hundreds, chant, india, seething, antiindia, kashmiris, marching, kashmir, region, festival, muslim


Hundreds chant anti-India slogans in seething Kashmir on eve of Muslim holy festival

Pakistani Christian shout slogans in support of Kashmiris at a rally in the connection of the country Independence Day in Quetta on August 11, 2019, after the Indian government stripped Jammu and Kashmir of its autonomy.

Hundreds of people protested in Kashmir’s main city of Srinagar on Sunday against India’s decision to curb its autonomy, despite new restrictions on travel and a seventh straight day of communications blackout.

Restrictions that had been temporarily eased on Friday and Saturday — allowing some bakeries, pharmacies and fruit shops to open ahead of the Muslim holy festival of Eid al-Adha — were reinstated in major parts of the city on Sunday afternoon.

Police vans drove around some areas ordering people to shut shop and go home, and most streets were silent by evening, as thousands of troops kept vigil, witnesses said.

Indian Prime Minister Narendra Modi’s government locked down the Muslim-majority region last Sunday, cutting off communications, detaining more than 300 political leaders and activists, and putting a “virtual curfew” into force with numerous roadblocks stopping movement.

Seeking to tighten its grip on the region also claimed by neighboring Pakistan, India announced last Monday that it was scrapping Jammu and Kashmir’s right to frame its own laws and allowed non-residents to buy property there.

Angry Kashmiris gathered at a mosque in Srinagar’s Soura neighborhood after afternoon prayers on Sunday and began shouting anti-India slogans, according to two Reuters witnesses.

Protesters carried a large banner carrying the words “Save Article 35A,” referring to the constitutional provision that India revoked last week. A swarm of women and girls in colourful headscarves followed the marching men.

“What do we want? Freedom! When do we want it? Now!” the crowd shouted, marching around the neighborhood.

Some of them held up paper banners, including one that read: “Modi, Kashmir is not your father’s property.”

India’s Home Ministry did not immediately respond to a request for comment. The demonstration in Soura followed a much larger protest in the same area on Friday, when pro-independence youths marched before being repelled by tear gas and pellets.

Leaders in Kashmir had warned of a backlash against the stripping of autonomy in a territory where militants have been fighting Indian rule for nearly 30 years, resulting in the deaths of more than 50,000 people.


Company: cnbc, Activity: cnbc, Date: 2019-08-12
Keywords: news, cnbc, companies, eve, slogans, indian, soura, kashmirs, holy, jammu, hundreds, chant, india, seething, antiindia, kashmiris, marching, kashmir, region, festival, muslim


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These stocks are the biggest winners in the market’s incredible rebound back to a record

Stocks have come all the way back to a record, ending one of their fastest and fiercest round trips in history. Strong earnings pushed the S&P 500 to a record close Tuesday. The index surged nearly 600 points in the span of four months, from a Christmas Eve low of 2,351.10 all the way to 2,933.68 at Tuesday’s close. The comeback is being led by the technology sector, the best performer among S&P 500 sectors with a nearly 37% gain since Christmas Eve. The consumer discretionary and industrial sec


Stocks have come all the way back to a record, ending one of their fastest and fiercest round trips in history. Strong earnings pushed the S&P 500 to a record close Tuesday. The index surged nearly 600 points in the span of four months, from a Christmas Eve low of 2,351.10 all the way to 2,933.68 at Tuesday’s close. The comeback is being led by the technology sector, the best performer among S&P 500 sectors with a nearly 37% gain since Christmas Eve. The consumer discretionary and industrial sec
These stocks are the biggest winners in the market’s incredible rebound back to a record Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: yun li
Keywords: news, cnbc, companies, markets, sectors, trips, tuesdays, 500, winners, sp, way, eve, nearly, stocks, rebound, biggest, incredible, record, christmas


These stocks are the biggest winners in the market's incredible rebound back to a record

Stocks have come all the way back to a record, ending one of their fastest and fiercest round trips in history. Here are the front-runners in this epic comeback.

Strong earnings pushed the S&P 500 to a record close Tuesday. The index surged nearly 600 points in the span of four months, from a Christmas Eve low of 2,351.10 all the way to 2,933.68 at Tuesday’s close.

The comeback is being led by the technology sector, the best performer among S&P 500 sectors with a nearly 37% gain since Christmas Eve. The consumer discretionary and industrial sectors have also scored returns of more than 30% since the late-2018 plunge.


Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: yun li
Keywords: news, cnbc, companies, markets, sectors, trips, tuesdays, 500, winners, sp, way, eve, nearly, stocks, rebound, biggest, incredible, record, christmas


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On eve of Lyft’s much-hyped debut, Warren Buffett says regular investors shouldn’t buy hot IPOs

On the eve of Lyft’s much-anticipated initial public offering, billionaire investor Warren Buffett said regular investors shouldn’t attempt to buy hot offerings in a hot market. I don’t think it’s anything the average person should think about at all,” Buffett told CNBC’s Becky Quick at The Gatehouse’s Hands Up for Success luncheon in Grapevine, Texas. Last year, he told CNBC he had considered taking a private stake in Uber, Lyft’s ride-hailing rival, which is also expected to debut this year. A


On the eve of Lyft’s much-anticipated initial public offering, billionaire investor Warren Buffett said regular investors shouldn’t attempt to buy hot offerings in a hot market. I don’t think it’s anything the average person should think about at all,” Buffett told CNBC’s Becky Quick at The Gatehouse’s Hands Up for Success luncheon in Grapevine, Texas. Last year, he told CNBC he had considered taking a private stake in Uber, Lyft’s ride-hailing rival, which is also expected to debut this year. A
On eve of Lyft’s much-hyped debut, Warren Buffett says regular investors shouldn’t buy hot IPOs Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-28  Authors: liz moyer, david a grogan
Keywords: news, cnbc, companies, warren, buffett, ipos, hot, shouldnt, uber, companies, regular, lyfts, stock, investors, told, think, eve, muchhyped, debut, market


On eve of Lyft's much-hyped debut, Warren Buffett says regular investors shouldn't buy hot IPOs

On the eve of Lyft’s much-anticipated initial public offering, billionaire investor Warren Buffett said regular investors shouldn’t attempt to buy hot offerings in a hot market.

While he was speaking generally of IPOs and not specifically about Lyft, the comments by Berkshire Hathaway’s chairman and CEO come amid a big wave of announced and anticipated IPOs as Silicon Valley’s “unicorns” rush to market. Unicorn is the tech industry’s term for a private company that has achieved a valuation above $1 billion even before selling stock to the public.

The high level of interest in Lyft’s offering has raised its anticipated price, putting a valuation on the ride-hailing company at well over $20 billion even though it is not yet profitable.

Buffett said the last time he bought an IPO was in the 1950s, the debut of Ford Motor.

“I think buying new offerings during hot periods in the market … I don’t think it’s anything the average person should think about at all,” Buffett told CNBC’s Becky Quick at The Gatehouse’s Hands Up for Success luncheon in Grapevine, Texas.

Buffett acknowledged that his world view on the subject means he risks losing out on getting a piece of successful companies when they’re young, like early Amazon or Uber.

Last year, he told CNBC he had considered taking a private stake in Uber, Lyft’s ride-hailing rival, which is also expected to debut this year. But Uber and Berkshire disagreed over the terms and size of the stake. Buffett still told CNBC’s Quick then that he was a big admirer of Uber CEO Dara Khosrowshahi.

But, Buffett said Thursday that it’s better to be safe than sorry when investing in untested companies. “You can go around making dumb bets and win. … It’s not something you want to take as a lifetime policy, though.”

A glut of IPOs this year comes after the deal market dried up during last year’s stock market tumble. Companies that put off their debuts back then are rushing out the door now before it closes again.

The markets have been jittery over falling interest rates, and what they may signal about the state of the economy. Buffett said Thursday that it did appear the economy had slowed down a bit. But, he said, low rates are good for stocks because they naturally draw investors to the stock market for better returns.


Company: cnbc, Activity: cnbc, Date: 2019-03-28  Authors: liz moyer, david a grogan
Keywords: news, cnbc, companies, warren, buffett, ipos, hot, shouldnt, uber, companies, regular, lyfts, stock, investors, told, think, eve, muchhyped, debut, market


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On eve of Lyft’s much-hyped debut, Warren Buffett says regular investors shouldn’t buy hot IPOs

On the eve of Lyft’s much-anticipated initial public offering, billionaire investor Warren Buffett said regular investors shouldn’t attempt to buy hot offerings in a hot market. I don’t think it’s anything the average person should think about at all,” Buffett told CNBC’s Becky Quick at The Gatehouse’s Hands Up for Success luncheon in Grapevine, Texas. Last year, he told CNBC he had considered taking a private stake in Uber, Lyft’s ride-hailing rival, which is also expected to debut this year. A


On the eve of Lyft’s much-anticipated initial public offering, billionaire investor Warren Buffett said regular investors shouldn’t attempt to buy hot offerings in a hot market. I don’t think it’s anything the average person should think about at all,” Buffett told CNBC’s Becky Quick at The Gatehouse’s Hands Up for Success luncheon in Grapevine, Texas. Last year, he told CNBC he had considered taking a private stake in Uber, Lyft’s ride-hailing rival, which is also expected to debut this year. A
On eve of Lyft’s much-hyped debut, Warren Buffett says regular investors shouldn’t buy hot IPOs Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-28  Authors: liz moyer, david a grogan
Keywords: news, cnbc, companies, investors, shouldnt, debut, think, uber, eve, regular, muchhyped, ipos, buffett, warren, market, stock, companies, hot, told, lyfts


On eve of Lyft's much-hyped debut, Warren Buffett says regular investors shouldn't buy hot IPOs

On the eve of Lyft’s much-anticipated initial public offering, billionaire investor Warren Buffett said regular investors shouldn’t attempt to buy hot offerings in a hot market.

While he was speaking generally of IPOs and not specifically about Lyft, the comments by Berkshire Hathaway’s chairman and CEO come amid a big wave of announced and anticipated IPOs as Silicon Valley’s “unicorns” rush to market. Unicorn is the tech industry’s term for a private company that has achieved a valuation above $1 billion even before selling stock to the public.

The high level of interest in Lyft’s offering has raised its anticipated price, putting a valuation on the ride-hailing company at well over $20 billion even though it is not yet profitable.

Buffett said the last time he bought an IPO was in the 1950s, the debut of Ford Motor.

“I think buying new offerings during hot periods in the market … I don’t think it’s anything the average person should think about at all,” Buffett told CNBC’s Becky Quick at The Gatehouse’s Hands Up for Success luncheon in Grapevine, Texas.

Buffett acknowledged that his world view on the subject means he risks losing out on getting a piece of successful companies when they’re young, like early Amazon or Uber.

Last year, he told CNBC he had considered taking a private stake in Uber, Lyft’s ride-hailing rival, which is also expected to debut this year. But Uber and Berkshire disagreed over the terms and size of the stake. Buffett still told CNBC’s Quick then that he was a big admirer of Uber CEO Dara Khosrowshahi.

But, Buffett said Thursday that it’s better to be safe than sorry when investing in untested companies. “You can go around making dumb bets and win. … It’s not something you want to take as a lifetime policy, though.”

A glut of IPOs this year comes after the deal market dried up during last year’s stock market tumble. Companies that put off their debuts back then are rushing out the door now before it closes again.

The markets have been jittery over falling interest rates, and what they may signal about the state of the economy. Buffett said Thursday that it did appear the economy had slowed down a bit. But, he said, low rates are good for stocks because they naturally draw investors to the stock market for better returns.


Company: cnbc, Activity: cnbc, Date: 2019-03-28  Authors: liz moyer, david a grogan
Keywords: news, cnbc, companies, investors, shouldnt, debut, think, uber, eve, regular, muchhyped, ipos, buffett, warren, market, stock, companies, hot, told, lyfts


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Wall Street regulators should’ve investigated the Christmas Eve crash, Jim Cramer argues

Federal regulators should investigate rapid sell-offs like the one that occurred in the U.S. stock market on Christmas Eve, CNBC’s Jim Cramer said Wednesday as strong earnings reports pushed the major averages higher. That’s how Cramer felt about what he called the Christmas Eve massacre, the market’s worst-ever Christmas Eve decline. “Listen, if we want a capitalist democracy, the stock market needs to actually work for ordinary people, not just hedge funds. When regular individual investors ca


Federal regulators should investigate rapid sell-offs like the one that occurred in the U.S. stock market on Christmas Eve, CNBC’s Jim Cramer said Wednesday as strong earnings reports pushed the major averages higher. That’s how Cramer felt about what he called the Christmas Eve massacre, the market’s worst-ever Christmas Eve decline. “Listen, if we want a capitalist democracy, the stock market needs to actually work for ordinary people, not just hedge funds. When regular individual investors ca
Wall Street regulators should’ve investigated the Christmas Eve crash, Jim Cramer argues Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-23  Authors: elizabeth gurdus
Keywords: news, cnbc, companies, stocks, jim, christmas, shouldve, eve, regulators, mad, crash, wall, investigated, stock, cramer, investors, money, trading, street, individual, market


Wall Street regulators should've investigated the Christmas Eve crash, Jim Cramer argues

Federal regulators should investigate rapid sell-offs like the one that occurred in the U.S. stock market on Christmas Eve, CNBC’s Jim Cramer said Wednesday as strong earnings reports pushed the major averages higher.

“When stocks went into free-fall on thin volume the day before Christmas, that should have prompted officials at the exchanges, maybe [the] Treasury [Department], [the] SEC, to ask what the heck happened,” he argued on “Mad Money.”

Unlike any kind of sports league, where referees’ mistakes often incite outcry from the fans, the stock market isn’t always subject to similar scrutiny — and that directly impacts its integrity, Cramer said.

Even though federal bodies like the SEC are tasked with regulating stock market activity, it seems to him like those treacherous trading days tend to slip under their radar. Sometimes, it feels like “the government has abdicated its responsibility entirely,” he said.

“Unlike the NFL, which cares about its popularity and its reputation, the people who run the exchanges, for one, clearly couldn’t care less — otherwise they’d do something about the erratic way stocks can trade,” he said. “Meanwhile, the seats in the stock market stadium grow emptier and emptier every time there’s a blown call or a snafu or some crazy action that makes investors feel like the game is rigged against them.”

That’s how Cramer felt about what he called the Christmas Eve massacre, the market’s worst-ever Christmas Eve decline.

With stocks now up roughly 13 percent from those lows, that day can now join the annals of other flash crashes — including May 2010, August 2015 and February 2018 — that “served to undermine our collective trust in the stock market,” he said.

The reason these crashes have successfully eroded trust among investors is because they happened for no real reason at all, the “Mad Money” host explained. The 2010 clobbering had no economic drivers behind it, the 2015 drop was caused mostly by computer trading programs; and the 2018 collapse was exacerbated by people trading on volatility that were caught blindsided, he said.

As for the half-day before Christmas, “I bet the true culprit will be related to some fund that had to liquidate before the end of the year, and there just weren’t enough buyers on the other side of the trade,” Cramer argued.

Still, his bottom line remained the same: “I think there should be an investigation into what happened to the American stock dream.”

If there isn’t, the “Mad Money” host worried about the longevity of the stock market, which has been a viable and increasingly opportune way for investors to make money in years past.

“How did we let the mechanics drive individual investors away from the market?” Cramer wondered. “Listen, if we want a capitalist democracy, the stock market needs to actually work for ordinary people, not just hedge funds. When regular individual investors can’t participate in our greatest engine of wealth creation, let’s just say something has gone very, very wrong.”

“For now, nobody seems to be upset other than me. Maybe they’ll start to care when the seats in the stock market stadium are almost empty,” he continued. “Mark my words, that’s what will happen if we get a few more of these events, and we know these events are inevitable in a world where the refs have disappeared and the players run wild without a care for what happens to the individual investor.”


Company: cnbc, Activity: cnbc, Date: 2019-01-23  Authors: elizabeth gurdus
Keywords: news, cnbc, companies, stocks, jim, christmas, shouldve, eve, regulators, mad, crash, wall, investigated, stock, cramer, investors, money, trading, street, individual, market


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Cramer says the bear market in stocks ended on Christmas Eve

It appears that investors have failed to realize that the “bear market” in stocks ended after Christmas Eve’s washout on Wall Street, CNBC’s Jim Cramer contended Monday. “We came through a bear market,” Cramer said on “Squawk on the Street,” shortly after the S&P 500 opened lower. “I think people are still oblivious that the bear market ended on that horrible half-day” Dec. 24 session. Stocks last month plunged in their worst Christmas Eve trading ever, with the S&P 500 sinking 2.7 percent and s


It appears that investors have failed to realize that the “bear market” in stocks ended after Christmas Eve’s washout on Wall Street, CNBC’s Jim Cramer contended Monday. “We came through a bear market,” Cramer said on “Squawk on the Street,” shortly after the S&P 500 opened lower. “I think people are still oblivious that the bear market ended on that horrible half-day” Dec. 24 session. Stocks last month plunged in their worst Christmas Eve trading ever, with the S&P 500 sinking 2.7 percent and s
Cramer says the bear market in stocks ended on Christmas Eve Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-14  Authors: berkeley lovelace jr
Keywords: news, cnbc, companies, eve, street, neutral, 500, recent, nearly, ended, stocks, christmas, sp, powell, bear, market, cramer, rates


Cramer says the bear market in stocks ended on Christmas Eve

It appears that investors have failed to realize that the “bear market” in stocks ended after Christmas Eve’s washout on Wall Street, CNBC’s Jim Cramer contended Monday.

“We came through a bear market,” Cramer said on “Squawk on the Street,” shortly after the S&P 500 opened lower. “I think people are still oblivious that the bear market ended on that horrible half-day” Dec. 24 session.

Stocks last month plunged in their worst Christmas Eve trading ever, with the S&P 500 sinking 2.7 percent and slipping into a bear market, which is defined as a decline in an index or asset of 20 percent or more from recent highs.

Since then, the S&P 500 has rallied nearly 10.5 percent through Friday’s close. However, many analysts believe the market could still retest its lows, especially as earnings season kicks in.

Cramer has said he does not use the traditional definitions of a bear market and a correction — measured as a drop of 10 percent or more from recent highs — and instead focuses on individual stocks.

Cramer blames Jerome Powell for the stock market’s losses late last year, arguing the Federal Reserve chairman stoked fears after his comments on Oct. 3 that rates were a “long way” from so-called neutral. The following month, Powell appeared to walk back those remarks, saying rates are “just below” neutral. Central bankers increased rates four times in 2018, and projected two more hikes this year.

However, on Jan. 4, Powell said central bankers “will be patient” on rates given continued muted inflation, touching off a strong rally of nearly 3.5 percent on the S&P 500 that day, and increases in four out of the next five sessions as of Friday.


Company: cnbc, Activity: cnbc, Date: 2019-01-14  Authors: berkeley lovelace jr
Keywords: news, cnbc, companies, eve, street, neutral, 500, recent, nearly, ended, stocks, christmas, sp, powell, bear, market, cramer, rates


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Netflix, Amazon among biggest winners in monster comeback from the Christmas Eve low

Stocks have bounced hard off the Christmas Eve lows and many of the worst performers are the stars of the two-week period since then, including General Electric, Netflix and many energy names. “It was a dash for trash as the new year has come into play,” said Todd Sohn, technical analyst at Strategas Research. Stocks continued to rally Tuesday morning in the ninth session since the Christmas Eve shakeout. Amazon was u[ 1 percent, adding to its already 21 percent gain in the post-Christmas period


Stocks have bounced hard off the Christmas Eve lows and many of the worst performers are the stars of the two-week period since then, including General Electric, Netflix and many energy names. “It was a dash for trash as the new year has come into play,” said Todd Sohn, technical analyst at Strategas Research. Stocks continued to rally Tuesday morning in the ninth session since the Christmas Eve shakeout. Amazon was u[ 1 percent, adding to its already 21 percent gain in the post-Christmas period
Netflix, Amazon among biggest winners in monster comeback from the Christmas Eve low Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-07  Authors: patti domm, gina francolla, drew angerer, getty images news, getty images
Keywords: news, cnbc, companies, biggest, amazon, netflix, low, comeback, christmas, stocks, higher, worst, watching, market, twoweek, monster, winners, eve, period


Netflix, Amazon among biggest winners in monster comeback from the Christmas Eve low

Stocks have bounced hard off the Christmas Eve lows and many of the worst performers are the stars of the two-week period since then, including General Electric, Netflix and many energy names.

“It was a dash for trash as the new year has come into play,” said Todd Sohn, technical analyst at Strategas Research.

Stocks continued to rally Tuesday morning in the ninth session since the Christmas Eve shakeout. Amazon was u[ 1 percent, adding to its already 21 percent gain in the post-Christmas period. The stock’s gains in fact have pushed its market capitalization sharply higher to nearly $800 billion, and on Monday, it surpassed Microsoft as the largest public company.

Investors are watching the action to see if new market leadership will emerge and whether the market is showing signs of having found a bottom. However, they say it will take time to tell, and there’s still a lot of doubt as to whether the move higher is a sign of recovery, or simply a bear market rally.

WATCH: How Netflix stock has made long-term investors rich


Company: cnbc, Activity: cnbc, Date: 2019-01-07  Authors: patti domm, gina francolla, drew angerer, getty images news, getty images
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Throngs to pack New York’s Times Square for a mild, rainy New Year’s Eve

People who arrive early enough to grab a standing spot in Times Square itself may have a good view of the stages where the entertainers perform. The rest of the throngs, stuffed into pens stretching several blocks north toward Central Park, will be able to follow the action on viewing screens. The show’s official programing begins at 6 p.m., with the lighting and raising of the New Year’s Eve Ball up a pole atop One Times Square. The numerals “2019” will burst into light at midnight accompanied


People who arrive early enough to grab a standing spot in Times Square itself may have a good view of the stages where the entertainers perform. The rest of the throngs, stuffed into pens stretching several blocks north toward Central Park, will be able to follow the action on viewing screens. The show’s official programing begins at 6 p.m., with the lighting and raising of the New Year’s Eve Ball up a pole atop One Times Square. The numerals “2019” will burst into light at midnight accompanied
Throngs to pack New York’s Times Square for a mild, rainy New Year’s Eve Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-31  Authors: alexander spatari, getty images
Keywords: news, cnbc, companies, million, eve, light, wishes, times, ball, midnight, mild, perform, security, pack, throngs, pens, square, yorks, rainy


Throngs to pack New York's Times Square for a mild, rainy New Year's Eve

Rain or shine, performers will try to light up the crowd.

Bastille and New Kids On The Block will perform medleys of their hit songs on “Dick Clark’s New Year’s Rockin’ Eve,” and singer songwriter Bebe Rexha will perform John Lennon’s “Imagine” before the 60-second countdown to the midnight ball drop.

People who arrive early enough to grab a standing spot in Times Square itself may have a good view of the stages where the entertainers perform. The rest of the throngs, stuffed into pens stretching several blocks north toward Central Park, will be able to follow the action on viewing screens.

There are no public toilets in the pens, backpacks are banned and there are no garbage cans either, so picnicking for the event can be rough. But revelers will have plenty of companionship, though experts say probably well short of the 1 million to 2 million spectators claimed by city officials and organizers.

Thousands of police officers will be on hand to provide security, with the help of bomb-sniffing dogs, 1,225 security cameras and 235 “blocker vehicles” used to stop any potential vehicle attacks.

The show’s official programing begins at 6 p.m., with the lighting and raising of the New Year’s Eve Ball up a pole atop One Times Square. The Sino-American Friendship Association will flip the giant switch that lights the ball before presenting a Chinese cultural performance culminating in red and gold pyrotechnics.

The ball drops during the midnight countdown. This year, the ball is a 12-foot (3.5-meter) diameter geodesic sphere covered with 2,688 Waterford crystal triangles lit by 32,256 LEDs. The numerals “2019” will burst into light at midnight accompanied by pyrotechnics and the release of 3,000 pounds of confetti.

Mixed in with the confetti will be tens of thousands of wishes from around the world. People write their wishes on pieces of confetti posted on a mobile “wishing wall” in Manhattan or submit them online. Some of the wishes will be read onstage throughout the evening.


Company: cnbc, Activity: cnbc, Date: 2018-12-31  Authors: alexander spatari, getty images
Keywords: news, cnbc, companies, million, eve, light, wishes, times, ball, midnight, mild, perform, security, pack, throngs, pens, square, yorks, rainy


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Trump spends Christmas Eve attacking enemies, blasting the Fed

President Donald Trump spent the early hours of Christmas Eve attacking his political enemies and criticizing the Federal Reserve, as the government entered its third day of partial shutdown and markets tanked yet again. “It was only when I made it an important part of my campaign, because people and drugs were pouring into our Country unchecked, that they turned against it,” the president wrote. “I never ‘lashed out’ at the Acting Attorney General of the U.S., a man for whom I have great respec


President Donald Trump spent the early hours of Christmas Eve attacking his political enemies and criticizing the Federal Reserve, as the government entered its third day of partial shutdown and markets tanked yet again. “It was only when I made it an important part of my campaign, because people and drugs were pouring into our Country unchecked, that they turned against it,” the president wrote. “I never ‘lashed out’ at the Acting Attorney General of the U.S., a man for whom I have great respec
Trump spends Christmas Eve attacking enemies, blasting the Fed Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-24  Authors: tucker higgins, tom dichristopher, oliver contreras, pool, getty images
Keywords: news, cnbc, companies, relations, foreign, trump, interest, deal, attacking, fed, eve, enemies, spends, christmas, blasting, iran, wrote, federal, president


Trump spends Christmas Eve attacking enemies, blasting the Fed

President Donald Trump spent the early hours of Christmas Eve attacking his political enemies and criticizing the Federal Reserve, as the government entered its third day of partial shutdown and markets tanked yet again.

“I am all alone (poor me) in the White House waiting for the Democrats to come back and make a deal on desperately needed Border Security,” the president wrote in a post on Twitter.

The tweet came minutes after the president posted attacks on the Fed, Democrats, the top Republican lawmaker on the Senate Foreign Relations Committee, and the special envoy in charge of combatting ISIS, who announced over the weekend that he would be resigning at the end of the month after Trump decided to pull American troops from Syria.

Trump, who canceled a planned vacation to Florida as 800,000 federal employees remain without pay, spent the morning posting his grievances on Twitter.

The president’s posts come amid growing uncertainty in Washington. The shutdown continued without a resolution in sight. Meanwhile the administration itself remains in a state of flux after the surprise departure of Defense Secretary James Mattis, which Trump accelerated by two months over the weekend.

As stocks tumbled following the worst week for markets since the 2008 financial crisis, the president wrote on Twitter that the “only problem our economy has” is the Fed, accusing the central bank of not having “a feel for the Market, they don’t understand necessary Trade Wars or Strong Dollars or even Democrat Shutdowns over Borders.”

The Federal Reserve has a dual mandate to keep prices stable and achieve maximum employment. The Fed aims to accomplish those goals primarily by setting interest rates at a level that will prevent runaway inflation or deflation.

Last week, the Fed raised its benchmark interest rate for the fourth time this year and signaled it would hike rates twice in 2019.

The president’s tirade stretched beyond the economy though, which he has touted as a symbol of his agenda’s success two years into his presidency. Trump also blasted unnamed U.S. senators who he said misunderstood his foreign policy, and “Virtually every Democrat” whose motives for opposing funding for his proposed border wall he called into question.

“It was only when I made it an important part of my campaign, because people and drugs were pouring into our Country unchecked, that they turned against it,” the president wrote.

He said that Brett McGurk, the U.S. special envoy for the coalition to defeat ISIS, “was the Obama appointee who was responsible for loading up airplanes with 1.8 Billion Dollars in CASH & sending it to Iran as part of the horrific Iran Nuclear Deal (now terminated) approved by Little Bob Corker.”

McGurk served as an advisor on Middle East issues under President George W. Bush before President Barack Obama appointed him to his present role in 2015.

The cash Trump is referring to is money owed to Iran for U.S. arms purchased prior to the 1979 revolution but never delivered in light of the break in U.S.-Iran relations. Of the total $1.7 billion paid to Iran in 2016, $1.3 billion was accrued interest, according to the Congressional Research Service.

The criticism of Corker, the Tennessee Republican who heads the Senate Foreign Relations Committee, is a return to an old and misleading critique: that Corker is soft on Iran and backed the 2015 nuclear deal with the Islamic Republic. In fact, Corker led GOP opposition to the accord and is a prominent Iran hawk.

Trump also blasted news reports that he had vented at his acting Attorney General Matthew Whitaker his frustration with the federal investigation into Trump’s former lawyer Michael Cohen.

Cohen has pleaded guilty to lying to Congress about Trump’s business dealings with Russia during the 2016 election, and told federal prosecutors that the president directed him to commit campaign finance violations, which the president has denied.

Trump said the reports about his conversations with Whitaker were incorrect.

“I never ‘lashed out’ at the Acting Attorney General of the U.S., a man for whom I have great respect,” Trump wrote. “This is a made up story, one of many, by the Fake News Media!”

In between his tweets criticizing “sympathizers” of McGurk and challenging the Fed, Trump delivered a statement in all capital letters.

“AMERICA IS RESPECTED AGAIN!” the president wrote.


Company: cnbc, Activity: cnbc, Date: 2018-12-24  Authors: tucker higgins, tom dichristopher, oliver contreras, pool, getty images
Keywords: news, cnbc, companies, relations, foreign, trump, interest, deal, attacking, fed, eve, enemies, spends, christmas, blasting, iran, wrote, federal, president


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By the numbers: Stock market collapses on Christmas Eve, heads for worst December ever

The stock market is ending the year on quite the ugly note. Here is where we stand statistically:


The stock market is ending the year on quite the ugly note. Here is where we stand statistically:
By the numbers: Stock market collapses on Christmas Eve, heads for worst December ever Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-24  Authors: gina francolla
Keywords: news, cnbc, companies, eve, stock, market, stand, christmas, worst, numbers, collapses, statistically, heads, note, ugly, ending, quite


By the numbers: Stock market collapses on Christmas Eve, heads for worst December ever

The stock market is ending the year on quite the ugly note. Here is where we stand statistically:


Company: cnbc, Activity: cnbc, Date: 2018-12-24  Authors: gina francolla
Keywords: news, cnbc, companies, eve, stock, market, stand, christmas, worst, numbers, collapses, statistically, heads, note, ugly, ending, quite


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