Your Morning: Inflation gauge shows cooling price pressures, clearing way for more rate cuts

Your Morning: Inflation gauge shows cooling price pressures, clearing way for more rate cuts

Good morning! It's Saturday, Sept. 28, 2024. Here's a look at your news across the nation:

1. Helene moves inland with flooding, power outages, at least 44 dead

3. Kamala Harris: I will 'proudly' sign border bill Trump killed

NEWS ACROSS AMERICA

Coast Guard watching Russian, Chinese navy activity near Alaska

Wisconsin Supreme Court: RFK Jr.'s name will stay on ballot

Mark Robinson burned at campaign event 'incident,' say aides

GOOD NEWSNATION

Police believe the girl had sleepwalked into the woods.

Find NewsNation on your TV or stream .

For the latest news, weather, sports, and streaming video, head to NewsNation.

Why Index Ventures is bulking up its investment team in NYC While online discourse would make it seem that venture has retreated to the Bay Area, with San Francisco being the most important place to build a startup, Index Ventures is looking to bulk up its New York-based investing team. The firm is currently looking to hire another New York-based investor with plans to add three or four new people to the team within the next year, Shardul Shah, a partner at Index Ventures, told TechCrunch. "For a venture fund, that's hypergrowth," Shah said, adding that Index is trying to "capitalize on the ecosystem here, and the energy we have as a team."

Yahoo Finance China starts to reverse its 'uninvestible' image: Chart of the Week After China announced broad measures to rescue its economy, Chinese stocks surged, our Chart of the Week shows. It's not the first time the country has attempted to get out of the recent doldrums, but the market's reaction says this time might be different.

A Russian warlord said he'll take Cybertrucks into Ukraine; some experts think that's unwise In August, a Russian warlord posted a video on Telegram, showing a pair of Cybertrucks patrolling a road in Chechnya, armed seemingly with heavy machine guns. Leaving aside unanswerable (for now) questions about how the vehicles were obtained, Wired thought it worth digging into whether a Cybertruck actually makes sense as a "technical," the term for modified civilian rides used by militaries and military groups.

Binance founder 'CZ' released from custody after four-month sentence Binance founder Changpeng "CZ" Zhao was released from U.S. custody on Friday after serving out his four-month sentence in a low-security correctional facility. CZ's sentence was the product of a federal investigation that found Binance had failed to stop widespread criminal activity on the world's largest cryptocurrency exchange. CZ pleaded guilty to the DOJ's charges, paid a $50 million fine, and agreed to never be a Binance executive again.