US Treasury yields lower ahead of fresh data

There is a strong focus on trade as China and the U.S. continue talks. According to the South China Morning Post, Chinese President Xi Jinping will meet with U.S. delegates on Friday, including Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer. In politics, the White House said Thursday that President Trump is signing legislation that prevents a government shutdown, but will also declare a national emergency to try to build a wall on the border with Mexico. Trump


There is a strong focus on trade as China and the U.S. continue talks. According to the South China Morning Post, Chinese President Xi Jinping will meet with U.S. delegates on Friday, including Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer. In politics, the White House said Thursday that President Trump is signing legislation that prevents a government shutdown, but will also declare a national emergency to try to build a wall on the border with Mexico. Trump
US Treasury yields lower ahead of fresh data Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: silvia amaro
Keywords: news, cnbc, companies, fresh, etthere, house, wall, trump, president, china, data, xi, trade, ahead, yields, treasury, white, lower


US Treasury yields lower ahead of fresh data

There is a strong focus on trade as China and the U.S. continue talks. According to the South China Morning Post, Chinese President Xi Jinping will meet with U.S. delegates on Friday, including Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer.

In politics, the White House said Thursday that President Trump is signing legislation that prevents a government shutdown, but will also declare a national emergency to try to build a wall on the border with Mexico. Trump is due to speak in the White House Rose Garden at 10 a.m. ET.

Furthermore, bond traders are likely to follow a speech by Atlanta Fed President Raphael Bostic at 9.55 a.m. ET.

There is also a raft of data due. There will be industrial production numbers out at 9.15 a.m. ET and consumer sentiment out at 10 a.m. ET.

There are no Treasury auctions planned.


Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: silvia amaro
Keywords: news, cnbc, companies, fresh, etthere, house, wall, trump, president, china, data, xi, trade, ahead, yields, treasury, white, lower


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Dow futures sharply lower after weak data

U.S. stock index futures were lower on Friday morning on the back of weaker-than-expected retail data. ET, Dow Jones Industrial Average futures fell 99, indicating a negative open of more than 115 points. Futures on the S&P and Nasdaq were also seen slightly lower. Trump is due to speak in the White House Rose Garden at 10 a.m. ET on what the White House called the “national security and humanitarian crisis on our southern border.”


U.S. stock index futures were lower on Friday morning on the back of weaker-than-expected retail data. ET, Dow Jones Industrial Average futures fell 99, indicating a negative open of more than 115 points. Futures on the S&P and Nasdaq were also seen slightly lower. Trump is due to speak in the White House Rose Garden at 10 a.m. ET on what the White House called the “national security and humanitarian crisis on our southern border.”
Dow futures sharply lower after weak data Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: silvia amaro
Keywords: news, cnbc, companies, wall, dow, weak, house, president, data, sharply, et, futures, trade, national, retail, morning, white, lower


Dow futures sharply lower after weak data

U.S. stock index futures were lower on Friday morning on the back of weaker-than-expected retail data.

At around 2:30 a.m. ET, Dow Jones Industrial Average futures fell 99, indicating a negative open of more than 115 points. Futures on the S&P and Nasdaq were also seen slightly lower.

On Thursday, U.S. retail sales data showed a contraction of 1.2 percent in December – the biggest monthly fall since September of 2009. As a result, Wall Street ended the day lower.

In the meantime, investors continue to follow news of U.S.-China trade talks. According to the South China Morning Post, Chinese President Xi Jinping will meet with U.S. delegates on Friday, including Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer.

Politics remains the focus after the White House said Thursday that President Trump is signing legislation that prevents a government shutdown, while also declaring a national emergency to try to build a wall on the border with Mexico.

Trump is due to speak in the White House Rose Garden at 10 a.m. ET on what the White House called the “national security and humanitarian crisis on our southern border.”

On the earnings front Allianz, Deere and PepsiCo are among the major companies expected to report their latest quarterly results before the opening bell.

There is also a raft of data due. There will be industrial production numbers out at 9.15 a.m. ET and consumer sentiment out at 10 a.m. ET.


Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: silvia amaro
Keywords: news, cnbc, companies, wall, dow, weak, house, president, data, sharply, et, futures, trade, national, retail, morning, white, lower


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China and US will continue high-stakes trade talks in Washington next week

Talks between China and the United States this week made important progress, President Xi Jinping told top U.S. trade negotiators on Friday, adding that efforts would continue in Washington next week to resolve their bruising trade war. The White House later confirmed the next round of talks, while saying this week’s negotiations in China “led to progress between the two parties.” But there was a cautionary note from the White House, as well: “Much work remains, however.” “The consultations betw


Talks between China and the United States this week made important progress, President Xi Jinping told top U.S. trade negotiators on Friday, adding that efforts would continue in Washington next week to resolve their bruising trade war. The White House later confirmed the next round of talks, while saying this week’s negotiations in China “led to progress between the two parties.” But there was a cautionary note from the White House, as well: “Much work remains, however.” “The consultations betw
China and US will continue high-stakes trade talks in Washington next week Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: patrik stollarz, afp, getty images
Keywords: news, cnbc, companies, progress, continue, important, house, china, talks, told, white, washington, highstakes, week, xi, trade


China and US will continue high-stakes trade talks in Washington next week

Talks between China and the United States this week made important progress, President Xi Jinping told top U.S. trade negotiators on Friday, adding that efforts would continue in Washington next week to resolve their bruising trade war.

The White House later confirmed the next round of talks, while saying this week’s negotiations in China “led to progress between the two parties.”

But there was a cautionary note from the White House, as well: “Much work remains, however.”

Xi met U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin after a full week of trade negotiations at senior and deputy levels in Beijing, and called for a deal both sides could accept, state media said.

U.S. duties on $200 billion worth of imports from China are set to rise to 25 percent from 10 percent if no deal is reached by March 1 to address U.S. demands that China curb forced technology transfers and better enforce intellectual property rights.

After the conclusion of talks, which included a banquet on Thursday, Mnuchin said on Twitter that he and Lighthizer had held “productive meetings” with Xi’s top economic adviser, Vice Premier Liu He.

“The consultations between the two sides’ teams achieved important step-by-step progress,” Xi said, according to state television.

“Next week, both sides will meet again in Washington. I hope you will continue efforts to advance reaching a mutually beneficial, win-win agreement,” Xi said during a meeting at Beijing’s Great Hall of the People.

He added that China was willing to take a “cooperative approach” to settling bilateral trade frictions.

Lighthizer told Xi the senior officials had “two very good days” of talks.

“We feel that we have made headway on very, very important, and very difficult issues. We have additional work to do but we are hopeful,” Lighthizer said, according to a foreign media pool video.

Neither country has yet offered new details on how the world’s two largest economies might de-escalate the tariff war that has roiled financial markets and disrupted manufacturing supply chains.

Although U.S. President Donald Trump said this week that an extension of the tariff deadline was possible if a “real deal” was close, Larry Kudlow, director of the National Economic Council, has said the White House had made no such decision.

But several sources informed about the meetings told Reuters there was little indication negotiators had made major progress on sticking points to pave the way for a potential meeting between Xi and Trump in coming weeks to hammer out a deal.

“Stalemate on the important stuff,” said one of the sources, all of whom requested anonymity because the talks are confidential.

“There’s still a lot of distance between parties on structural and enforcement issues,” said a second source. “I wouldn’t quite call it hitting a wall, but it’s not a field of dreams either.”

A third source told Reuters the White House was “irate” over earlier reports that the Trump administration was considering a 60-day extension of the tariff deadline.

Lighthizer and Mnuchin left their Beijing hotel on Friday afternoon without taking questions from reporters.


Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: patrik stollarz, afp, getty images
Keywords: news, cnbc, companies, progress, continue, important, house, china, talks, told, white, washington, highstakes, week, xi, trade


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Amazon’s cloud competitors keep hammering home the same message: We won’t compete with you

Julia White, corporate vice president of marketing for Microsoft’s Azure cloud, said in response to one audience member’s question. Thomas Kurian, the new CEO of Alphabet’s Google Cloud business, also touched on the subject in his inaugural pitch on Tuesday. “Google is very clear that we’re here to enable partners, we’re not here to compete with partners,” Kurian said. In his presentation he pointed to several retail customers, including Best Buy, Home Depot, Metro Group and Target. AWS does hav


Julia White, corporate vice president of marketing for Microsoft’s Azure cloud, said in response to one audience member’s question. Thomas Kurian, the new CEO of Alphabet’s Google Cloud business, also touched on the subject in his inaugural pitch on Tuesday. “Google is very clear that we’re here to enable partners, we’re not here to compete with partners,” Kurian said. In his presentation he pointed to several retail customers, including Best Buy, Home Depot, Metro Group and Target. AWS does hav
Amazon’s cloud competitors keep hammering home the same message: We won’t compete with you Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-12  Authors: jordan novet, reuters robert galbraith
Keywords: news, cnbc, companies, amazons, microsoft, white, hammering, compete, retail, amazon, wont, cloud, competitors, health, customers, message, google, partners, companies


Amazon's cloud competitors keep hammering home the same message: We won't compete with you

Executives from Microsoft and Google, Amazon’s two top rivals in the cloud business, both hit on a key theme in their presentations at a financial event on Tuesday: They’re not going to compete with their own customers.

The notion isn’t theoretical. As Amazon has grown and expanded, it has introduced products that can be used as an alternative to what some of its own business partners offer.

And after Amazon went beyond its traditional role of e-commerce heavyweight and became more active in brick-and-mortar retail through its Whole Foods acquisition, some other retailers, like Albertsons and Walgreens, have announced cloud deals with Microsoft.

Executives at Google and Microsoft have previously said that they don’t aim to become competitive with the companies that give them revenue. But at the Goldman Sachs Technology and Internet Conference in San Francisco, representatives from both companies emphasized that point.

“I’ll tell you what I’m seeing and see if that answers your question, perhaps is, I would say things like retailers and financial services companies now and, now into health care — seeing Amazon go into those businesses and saying, ‘Gosh, am I going to give money to people who are now competing with me?'” Julia White, corporate vice president of marketing for Microsoft’s Azure cloud, said in response to one audience member’s question.

Data is a bigger issue — businesses probably don’t want to share it with a competitor, which is why companies like Kroger, Walgreens and Gap are moving to Microsoft Azure, White said.

“We’re not going to turn around and compete with our customers. And that’s obviously a big, big theme that we hear about of the market as well in terms of overall trusting Microsoft as a partner,” she said.

Thomas Kurian, the new CEO of Alphabet’s Google Cloud business, also touched on the subject in his inaugural pitch on Tuesday.

“Google is very clear that we’re here to enable partners, we’re not here to compete with partners,” Kurian said. In his presentation he pointed to several retail customers, including Best Buy, Home Depot, Metro Group and Target.

AWS does have retail customers, as well as financial services and health care customers. The company has previously said that “there are times when there is some degree of overlap with what our customers offer, but most of these market segments are quite large and support several successful entries.”

But now Google and Microsoft are both actively focusing on key sectors where Amazon is active — not just retail, but also health care, following Amazon’s acquisition of online pharmacy PillPack and its health venture with Berkshire Hathaway and J.P. Morgan Chase.

“The partner meetings I had this morning were like, ‘Hey, I used to work with AWS, but now I don’t. I worry they’re competing with me,'” White said.

Watch: AWS CEO Andy Jassy talks competition and innovation


Company: cnbc, Activity: cnbc, Date: 2019-02-12  Authors: jordan novet, reuters robert galbraith
Keywords: news, cnbc, companies, amazons, microsoft, white, hammering, compete, retail, amazon, wont, cloud, competitors, health, customers, message, google, partners, companies


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Amazon’s cloud competitors keep hammering home the same message: We won’t compete with you

Julia White, corporate vice president of marketing for Microsoft’s Azure cloud, said in response to one audience member’s question. Thomas Kurian, the new CEO of Alphabet’s Google Cloud business, also touched on the subject in his inaugural pitch on Tuesday. “Google is very clear that we’re here to enable partners, we’re not here to compete with partners,” Kurian said. In his presentation he pointed to several retail customers, including Best Buy, Home Depot, Metro Group and Target. AWS does hav


Julia White, corporate vice president of marketing for Microsoft’s Azure cloud, said in response to one audience member’s question. Thomas Kurian, the new CEO of Alphabet’s Google Cloud business, also touched on the subject in his inaugural pitch on Tuesday. “Google is very clear that we’re here to enable partners, we’re not here to compete with partners,” Kurian said. In his presentation he pointed to several retail customers, including Best Buy, Home Depot, Metro Group and Target. AWS does hav
Amazon’s cloud competitors keep hammering home the same message: We won’t compete with you Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-12  Authors: jordan novet, reuters robert galbraith
Keywords: news, cnbc, companies, compete, white, message, microsoft, wont, cloud, retail, companies, google, amazon, customers, hammering, amazons, health, partners, competitors


Amazon's cloud competitors keep hammering home the same message: We won't compete with you

Executives from Microsoft and Google, Amazon’s two top rivals in the cloud business, both hit on a key theme in their presentations at a financial event on Tuesday: They’re not going to compete with their own customers.

The notion isn’t theoretical. As Amazon has grown and expanded, it has introduced products that can be used as an alternative to what some of its own business partners offer.

And after Amazon went beyond its traditional role of e-commerce heavyweight and became more active in brick-and-mortar retail through its Whole Foods acquisition, some other retailers, like Albertsons and Walgreens, have announced cloud deals with Microsoft.

Executives at Google and Microsoft have previously said that they don’t aim to become competitive with the companies that give them revenue. But at the Goldman Sachs Technology and Internet Conference in San Francisco, representatives from both companies emphasized that point.

“I’ll tell you what I’m seeing and see if that answers your question, perhaps is, I would say things like retailers and financial services companies now and, now into health care — seeing Amazon go into those businesses and saying, ‘Gosh, am I going to give money to people who are now competing with me?'” Julia White, corporate vice president of marketing for Microsoft’s Azure cloud, said in response to one audience member’s question.

Data is a bigger issue — businesses probably don’t want to share it with a competitor, which is why companies like Kroger, Walgreens and Gap are moving to Microsoft Azure, White said.

“We’re not going to turn around and compete with our customers. And that’s obviously a big, big theme that we hear about of the market as well in terms of overall trusting Microsoft as a partner,” she said.

Thomas Kurian, the new CEO of Alphabet’s Google Cloud business, also touched on the subject in his inaugural pitch on Tuesday.

“Google is very clear that we’re here to enable partners, we’re not here to compete with partners,” Kurian said. In his presentation he pointed to several retail customers, including Best Buy, Home Depot, Metro Group and Target.

AWS does have retail customers, as well as financial services and health care customers. The company has previously said that “there are times when there is some degree of overlap with what our customers offer, but most of these market segments are quite large and support several successful entries.”

But now Google and Microsoft are both actively focusing on key sectors where Amazon is active — not just retail, but also health care, following Amazon’s acquisition of online pharmacy PillPack and its health venture with Berkshire Hathaway and J.P. Morgan Chase.

“The partner meetings I had this morning were like, ‘Hey, I used to work with AWS, but now I don’t. I worry they’re competing with me,'” White said.

Watch: AWS CEO Andy Jassy talks competition and innovation


Company: cnbc, Activity: cnbc, Date: 2019-02-12  Authors: jordan novet, reuters robert galbraith
Keywords: news, cnbc, companies, compete, white, message, microsoft, wont, cloud, retail, companies, google, amazon, customers, hammering, amazons, health, partners, competitors


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IMF’s Lagarde says oil exporters not fully recovered from 2014 shock, warns of ‘white elephant projects’

Oil exporters have not fully recovered from the dramatic oil price shock of 2014, the head of the International Monetary Fund said on Saturday, and she cautioned against spending money on “white elephant projects.” “This has led to a sharp increase in public debt, from 13 percent of GDP in 2013 to 33 percent in 2018.” Lagarde said governments in the region might be tempted to favor white elephant projects instead of investment in people and productive potential. Among oil importers in the Middle


Oil exporters have not fully recovered from the dramatic oil price shock of 2014, the head of the International Monetary Fund said on Saturday, and she cautioned against spending money on “white elephant projects.” “This has led to a sharp increase in public debt, from 13 percent of GDP in 2013 to 33 percent in 2018.” Lagarde said governments in the region might be tempted to favor white elephant projects instead of investment in people and productive potential. Among oil importers in the Middle
IMF’s Lagarde says oil exporters not fully recovered from 2014 shock, warns of ‘white elephant projects’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-10  Authors: simon dawson, bloomberg, getty images
Keywords: news, cnbc, companies, oil, fully, recovered, lagarde, middle, public, region, growth, fiscal, imfs, exporters, shock, white, warns, gdp, projects, spending, global


IMF's Lagarde says oil exporters not fully recovered from 2014 shock, warns of 'white elephant projects'

Oil exporters have not fully recovered from the dramatic oil price shock of 2014, the head of the International Monetary Fund said on Saturday, and she cautioned against spending money on “white elephant projects.”

“With revenues down, fiscal deficits are only slowly declining, despite significant reforms on both the spending and revenue sides, including the introduction of VAT and excise taxes,” Christine Lagarde, the managing director of the IMF, told a conference in Dubai.

“This has led to a sharp increase in public debt, from 13 percent of GDP in 2013 to 33 percent in 2018.”

Lagarde said the uncertainty in the growth outlook for oil exporters also reflected moves by countries to shift rapidly toward renewable energy over the new few decades, in line with the Paris climate change pact.

She said there was scope to improve fiscal frameworks in the Middle East with some of the weaknesses emanating from “short-termism and insufficient credibility.”

Lagarde said governments in the region might be tempted to favor white elephant projects instead of investment in people and productive potential.

Saudi Arabia, the Middle East’s biggest economy, has announced plans to go ahead with three major projects including NEOM, a $500 billion economic zone announced by Crown Prince Mohammed bin Salman.

The projects are backed by the country’s sovereign wealth fund, the Public Investment Fund.

Lagarde also said across the region, it is common for sovereign wealth funds to directly finance projects, bypassing the normal budget process, while state-owned enterprises in some countries had high levels of borrowing, outside the budget.

She said oil exporters could follow the example of other resource-rich countries such as Chile and Norway in using fiscal rules to protect priorities, such as social spending, from commodity price volatility.

Among oil importers in the Middle East region, growth had picked up, but it was still below the level before the global financial crisis, she said.

Fiscal deficits remained high, and public debt had risen rapidly — from 64 percent of GDP in 2008 to 85 percent a decade later, she said. Public debt now exceeded 90 percent of GDP in nearly half of these countries.

Speaking about the global economy, Lagarde said the IMF was not seeing a global recession on the horizon, but risks were rising for global growth due to trade tensions and tightening financial conditions.

The IMF’s revised forecast sees the global economy growing by 3.5 percent this year, 0.2 percentage points below what it expected in October.

“Unsurprisingly, a weaker global environment has knock-on effects on the region through a variety of channels — trade, remittances, capital flows, commodity prices, and financing conditions,” she said.


Company: cnbc, Activity: cnbc, Date: 2019-02-10  Authors: simon dawson, bloomberg, getty images
Keywords: news, cnbc, companies, oil, fully, recovered, lagarde, middle, public, region, growth, fiscal, imfs, exporters, shock, white, warns, gdp, projects, spending, global


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‘This is the fight of our lives,’ Elizabeth Warren says as she formally launches her 2020 presidential bid

Democratic Sen. Elizabeth Warren formally launched her presidential campaign on Saturday at a rally in her home state of Massachusetts, marking the final step in a process that had been underway for months. After Lawrence, Warren’s campaign said she planned to travel to Iowa, New Hampshire, South Carolina, Georgia, Nevada and California. Even before Warren’s formal announcement, President Donald Trump’s reelection campaign sent out a statement lambasting the senator and her policy positions. So


Democratic Sen. Elizabeth Warren formally launched her presidential campaign on Saturday at a rally in her home state of Massachusetts, marking the final step in a process that had been underway for months. After Lawrence, Warren’s campaign said she planned to travel to Iowa, New Hampshire, South Carolina, Georgia, Nevada and California. Even before Warren’s formal announcement, President Donald Trump’s reelection campaign sent out a statement lambasting the senator and her policy positions. So
‘This is the fight of our lives,’ Elizabeth Warren says as she formally launches her 2020 presidential bid Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-09  Authors: christina wilkie, john tlumacki, boston globe, getty images
Keywords: news, cnbc, companies, warren, launches, whats, bid, president, white, 2020, elizabeth, america, lives, campaign, fight, warrens, formally, presidential


'This is the fight of our lives,' Elizabeth Warren says as she formally launches her 2020 presidential bid

Democratic Sen. Elizabeth Warren formally launched her presidential campaign on Saturday at a rally in her home state of Massachusetts, marking the final step in a process that had been underway for months.

Warren made little secret for years of the fact that she was considering a White House bid, and the former Harvard Law School professor has been considered a top contender among Democrats ever since she was first elected to the Senate in 2012.

Warren’s announcement Saturday in Lawrence, Mass., was the first event in a seven state tour of early voting primary states. After Lawrence, Warren’s campaign said she planned to travel to Iowa, New Hampshire, South Carolina, Georgia, Nevada and California.

Even before Warren’s formal announcement, President Donald Trump’s reelection campaign sent out a statement lambasting the senator and her policy positions.

“We are here to take on a fight that will shape our lives, our children’s lives and our grandchildren’s lives, just as surely as the fight that began in these streets more than a century ago,” Warren said, in a statement posted to blogging site Medium.

“Because the man in the White House is not the cause of what’s broken, he’s just the latest — and most extreme — symptom of what’s gone wrong in America,” she added.

So far, there has been little reliable polling on the 2020 Democratic presidential field, which is growing on a near daily basis. But there is some good news in the numbers for Warren. A recent Politico-Morning Consult poll showed that more than half of all Americans already support what is expected to be a pillar of Warren’s candidacy: Higher taxes on the ultra-wealthy.

“This is the fight of our lives. The fight to build an America where dreams are possible, an America that works for everyone. I am in that fight all the way,” Warren said on Saturday. “And that is why I stand here today: to declare that I am a candidate for President of the United States of America.”

An Oklahoma native who moved to Massachusetts as an adult, Warren has already staked out the issues of economic equality and anti-corruption, well ahead of the rest of the Democrats expected to run in 2020.

Both are subjects that Warren is uniquely positioned to tackle, given her experience as both a professor and her legislative record as a senator.

This fall, Warren introduced sweeping new ethics legislation, no doubt with an eye toward her 2020 campaign platform. The Anti-Corruption and Public Integrity Act would place a lifetime lobbying ban on former presidents and vice presidents, Cabinet secretaries, members of Congress and federal judges. It would also require presidential candidates to release at least eight years of tax returns — President Donald Trump has refused to release any of his tax returns.

Also this fall, Warren introduced the Accountable Capitalism Act, which would require, among other provisions, that employees be given seats on the board of directors at some of the nation’s biggest companies.


Company: cnbc, Activity: cnbc, Date: 2019-02-09  Authors: christina wilkie, john tlumacki, boston globe, getty images
Keywords: news, cnbc, companies, warren, launches, whats, bid, president, white, 2020, elizabeth, america, lives, campaign, fight, warrens, formally, presidential


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Acting US Attorney General Whitaker will testify before House panel on Friday

U.S. House Judiciary Committee Chairman Jerry Nadler said on Thursday that acting Attorney General Matthew Whitaker will testify on Friday after he threatened to not show up following the panel’s warning that it could subpoena him. The committee’s Democrats want to question Whitaker about his oversight of Special Counsel Robert Mueller’s investigation of Russian interference in the 2016 election and his communications with the White House related to the probe and the firing of former Attorney Ge


U.S. House Judiciary Committee Chairman Jerry Nadler said on Thursday that acting Attorney General Matthew Whitaker will testify on Friday after he threatened to not show up following the panel’s warning that it could subpoena him. The committee’s Democrats want to question Whitaker about his oversight of Special Counsel Robert Mueller’s investigation of Russian interference in the 2016 election and his communications with the White House related to the probe and the firing of former Attorney Ge
Acting US Attorney General Whitaker will testify before House panel on Friday Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-08  Authors: alex wroblewski, bloomberg, getty images
Keywords: news, cnbc, companies, attorney, house, testify, panel, subpoena, whitaker, acting, warning, special, white, threatened, general


Acting US Attorney General Whitaker will testify before House panel on Friday

U.S. House Judiciary Committee Chairman Jerry Nadler said on Thursday that acting Attorney General Matthew Whitaker will testify on Friday after he threatened to not show up following the panel’s warning that it could subpoena him.

The committee’s Democrats want to question Whitaker about his oversight of Special Counsel Robert Mueller’s investigation of Russian interference in the 2016 election and his communications with the White House related to the probe and the firing of former Attorney General Jeff Sessions.


Company: cnbc, Activity: cnbc, Date: 2019-02-08  Authors: alex wroblewski, bloomberg, getty images
Keywords: news, cnbc, companies, attorney, house, testify, panel, subpoena, whitaker, acting, warning, special, white, threatened, general


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Liquor before beer? You will still feel terrible, new study says

“Beer before liquor, never been sicker; liquor before beer, you’re in the clear” is a well-worn phrase backing the belief that you can avoid a hangover if you take drinks in the “right” order. But a new medical study has concluded that the threat of a crushing hangover cannot be removed by making sure that beer comes before, or after, wine. A 2015 Edelgrafler white wine with an alcohol content of 11.1 percent, was served at the same temperature. One group consumed two-and-a-half pints of beer fo


“Beer before liquor, never been sicker; liquor before beer, you’re in the clear” is a well-worn phrase backing the belief that you can avoid a hangover if you take drinks in the “right” order. But a new medical study has concluded that the threat of a crushing hangover cannot be removed by making sure that beer comes before, or after, wine. A 2015 Edelgrafler white wine with an alcohol content of 11.1 percent, was served at the same temperature. One group consumed two-and-a-half pints of beer fo
Liquor before beer? You will still feel terrible, new study says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-08  Authors: david reid, hero images, getty images
Keywords: news, cnbc, companies, terrible, study, drink, hangover, beer, group, white, liquor, feel, wine, sticking, groups, alcohol


Liquor before beer? You will still feel terrible, new study says

“Beer before liquor, never been sicker; liquor before beer, you’re in the clear” is a well-worn phrase backing the belief that you can avoid a hangover if you take drinks in the “right” order.

But a new medical study has concluded that the threat of a crushing hangover cannot be removed by making sure that beer comes before, or after, wine.

The study, published in the American Journal of Clinical Nutrition on Friday, went further claiming that hangovers were also not made more bearable by sticking to one type of drink thereby debunking another of the barfly’s favorite: “Grape or grain but never the twain.”

The experiment broke up 90 people into three groups before the drinking began. Factors included size, age and gender.

The beer, a Carlsberg Pilsner lager, held an alcohol content of 5 percent and was, served cold. A 2015 Edelgrafler white wine with an alcohol content of 11.1 percent, was served at the same temperature.

One group consumed two-and-a-half pints of beer followed by four large glasses of white wine. The second group consumed the same, but in the opposite order.

The third group drank either only beer or only wine, but with matching alcohol levels.

A week later, the study groups were asked to come back and drink in reverse order, or in the case of the third group, to switch beverages.

Hangover severity was judged by Acute Hangover Scale (AHS) rating on the day following each drinking session.

According to the study, changing the order of the drinks made no little to difference to the pain or discomfort of those in the medical trial and sticking to one or the other drink offered little AHS change either.

It was noted that women in the groups tended to suffer more than men.

While debunking some old myths the conclusion of the paper did suggest that there were important benefits of a symptomatic hangover calling it “a protective warning sign that will certainly have aided humans over the ages to modify future behavior, and hence pass on this evolutionary advantage to next generations.”


Company: cnbc, Activity: cnbc, Date: 2019-02-08  Authors: david reid, hero images, getty images
Keywords: news, cnbc, companies, terrible, study, drink, hangover, beer, group, white, liquor, feel, wine, sticking, groups, alcohol


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The US and China don’t even have a trade deal draft yet as deadline approaches

The U.S. and China are trying to meet an early March trade deadline. The report comes just a day after White House economic advisor Larry Kudlow said there is a “pretty sizable distance to go” before China and the U.S. reach a deal. Kudlow also indicated, however, that President Donald Trump is “optimistic with respect to a potential trade deal.” Trump’s remarks came hours after CNBC reported the meeting was “highly unlikely,” citing a senior White House official. The White House did not immedia


The U.S. and China are trying to meet an early March trade deadline. The report comes just a day after White House economic advisor Larry Kudlow said there is a “pretty sizable distance to go” before China and the U.S. reach a deal. Kudlow also indicated, however, that President Donald Trump is “optimistic with respect to a potential trade deal.” Trump’s remarks came hours after CNBC reported the meeting was “highly unlikely,” citing a senior White House official. The White House did not immedia
The US and China don’t even have a trade deal draft yet as deadline approaches Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-08  Authors: fred imbert, artyorn ivanov, tass, getty images
Keywords: news, cnbc, companies, deal, meeting, house, trade, reported, president, deadline, trump, white, dont, draft, china, approaches, place


The US and China don't even have a trade deal draft yet as deadline approaches

Trade talks between the U.S. and China are so far apart that neither side has put anything in writing yet, The Wall Street Journal reported Friday.

The Journal said the two sides have not even drafted an accord specifying the matters they agree and disagree on. The U.S. and China are trying to meet an early March trade deadline. If a deal is not struck before then, U.S. tariffs on Chinese goods will increase, barring some sort of extension.

The report comes just a day after White House economic advisor Larry Kudlow said there is a “pretty sizable distance to go” before China and the U.S. reach a deal. Kudlow also indicated, however, that President Donald Trump is “optimistic with respect to a potential trade deal.”

After that, Trump said that a meeting with Chinese President Xi Jinping will not take place before the crucial March deadline. Trump’s remarks came hours after CNBC reported the meeting was “highly unlikely,” citing a senior White House official.

U.S. stocks fell sharply on Thursday as it became clear the meeting will not take place before the deadline. The Dow Jones Industrial Average lost 220 points, while the S&P 500 dropped 0.9 percent.

The White House did not immediately respond to CNBC’s request for comment.

Click here to read the full report.

Subscribe to CNBC on YouTube.


Company: cnbc, Activity: cnbc, Date: 2019-02-08  Authors: fred imbert, artyorn ivanov, tass, getty images
Keywords: news, cnbc, companies, deal, meeting, house, trade, reported, president, deadline, trump, white, dont, draft, china, approaches, place


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