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☆ How US presidential election years affect the market
▼ + stars: | 2024-05-07 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +5 min

But if the past century is any guide, the long-term consequences of US presidential election years on investor portfolios, including 401(k)s, is minimal at best. Unsurprisingly, those four presidential election years occurred at times of seismic events: The Great Depression. The S&P 500 alone has generated an average return of 7% during presidential election years since 1952, according to LPL Financial. If you limit that to presidential election years in which the incumbent president is running for reelection, the average jumps to 12.2%. “If you’re not going to make a change in a nonelection year, you shouldn’t do so in a presidential election year,” Mukherjee said.

Persons: TIAA, ”, Niladri Mukherjee, Jeff Buchbinder, Joe Biden, Donald Trump, ” Mukherjee, Mukherjee, What’s, — Mukherjee, you’re, Daniel Crosby, Crosby Organizations: New, New York CNN, US Bank, “, Senate Locations: New York, United States

☆ Biden cannot afford a boiling summer of protest
▼ + stars: | 2024-05-02 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

CNN —President Joe Biden can ill afford a long, hot summer of protest that comes to a boil in time for the Democratic National Convention in August and then bleeds into the final weeks of an already venomous clash with Donald Trump. The nationwide campus protests are not as pervasive as mass civil rights and anti-Vietnam War protests that raged in the 1960s and 1970s. This has been especially testing for Biden — a staunch supporter of Israel dating back to 1970s Prime Minister Golda Meir. More than 3 million Americans served in Southeast Asia during the Vietnam War. This may also help explain why Biden had not addressed the campus protests in detail before Thursday.

Persons: Joe Biden, Donald Trump, Biden, “, ” Biden, ”, Trump’s, Trump, James Traub, Hubert Humphrey, Biden “, ” Traub, Isa Soares, Traub, He’s, Mary McGrory, that’s, Biden’s, afer, Biden —, Golda Meir, he’d, Benjamin Netanyahu’s, Sen, Bernie Sanders, Lyndon Johnson, LBJ, …, CNN’s Christiane Amanpour, ” Sanders, can’t, Netanyahu, shelve, Sanders Organizations: CNN, Democratic National Convention, White, Foreign, Democratic, CNN International, Republicans, Trump, Electoral, Gaza Health Ministry, American, National Guard Locations: Gaza, Vietnam, America, Israel, Vermont, Gazan, Rafah, Southeast Asia

☆ Opinion: Both sides brought their A-game for opening of Trump’s trial
▼ + stars: | 2024-04-22 | by ( Opinion Norman Eisen | ) edition.cnn.com time to read: +7 min

CNN —Opening statements, followed by a few minutes of testimony from the first witness, concluded Monday in the criminal trial of former President Donald Trump. Norm Eisen Courtesy Norm EisenMy takeaway: The prosecution has the upper hand based on the evidence and the law, and Trump knows it. As expected, prosecutor Matthew Colangelo hammered home his theory of the case: that it is all about election interference and its cover-up. Colangelo made the complex simple, going through the chronology of evidence that prosecutors will present to prove the election interference. ACT THREE: A payment to another person with a damaging story — Karen McDougal, who alleged she had an affair with Trump.

Persons: Norman Eisen, “, Donald Trump, Norm Eisen, Trump, Matthew Colangelo, ”, Colangelo, David Pecker, Pecker, Michael Cohen, Dino Sajudin, Karen McDougal, Hope Hicks, Trump’s, Stormy Daniels, Cohen, Daniels, Todd Blanche, Blanche, ” Blanche, Juan Merchan, –, “ Trump, couldn’t, Hicks Organizations: CNN, ACT ONE, Trump, American Media, National Enquirer, ACT FOUR, White House, ACT FIVE, Trump Organization, ” Locations: Trump

☆ AI could split workers into 2: The ones whose jobs get better and the ones who lose them completely
▼ + stars: | 2024-04-15 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Lower-income workers without a college degree could be at the most risk of AI job replacement. AdvertisementNothing is certain about the future of AI technologies, but three things are becoming more clear. That said, if and when some AI job replacement does come, some workers could be more at risk than others. Conversely, 17% of high school graduates had jobs with high AI exposure, and 14% had jobs with both high AI exposure and low performance requirements. Re-training workers who lose their jobs due to AI could help move the needle in a more positive direction.

Persons: —, It's, Angus Deaton, Deaton, he's Organizations: Service, of Economic Advisors, Walmart, Target Locations: China

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Persons: Federal nRewards, cardholders, Read, Cardholders, — Organizations: Business Insider, Navy Federal Credit, Card, Navy Federal Credit Union, Citi, Federal Credit, Credit, National Guard, Department of Defense, DOD, The Navy Federal Credit, Federal Credit Union, Emergency Assistance Navy Federal Credit, Federal, American, Walmart, Wells, Citi Diamond Preferred, Navy, Navy Federal, of Defense, Business Locations: Wells

☆ Op-ed: The effusive China tour is a failing playbook for Apple, Tim Cook, and every CEO
▼ + stars: | 2024-03-27 | by ( Dewardric L. Mcneal | ) www.cnbc.com time to read: +8 min

This ritual, epitomized by high-profile engagements — such as Apple CEO Tim Cook's effusive overtures and statements of commitments to China — signals that American corporate titans think the strategy can still work. Tim Cook's narrative of China as "critical" to Apple , coupled with his admiration for the country's advanced manufacturing capabilities, embodies the ethos of this engagement playbook. Apple's Chief Executive Officer Tim Cook attends the China Development Forum in Beijing on March 24, 2024. It's not that the Apple CEO is doing anything wrong. Chinese Apple superfans jostled to enter the smartphone maker's newest store as it opened on March 21 night.

Persons: Tim Cook's, Tim Cook, Pedro Pardo, Jim McNerney, Xi Jinping's, Mark Zuckerberg, Deirdre O'Brien, Strstr, Xi, Xi Jinping, Li Qiang Organizations: Apple, American, titans, U.S, Apple's, China Development Forum, AFP, Getty, Boeing, Airbus, Volkswagen, Qualcomm, Google, Facebook, Huawei, Afp Locations: China, Beijing, Weibo, Shanghai

☆ Polar ice is melting and changing Earth’s rotation. It’s messing with time itself
▼ + stars: | 2024-03-27 | by ( Laura Paddison | Rachel Ramirez | ) edition.cnn.com time to read: +5 min

Exactly when that will happen is being influenced by humans, according to a new study, as melting polar ice alters the Earth’s rotation and changes time itself. The hours and minutes that dictate our days are determined by Earth’s rotation. But after a long trend of slowing, the Earth’s rotation is now speeding up. Melting polar ice is slowing the impact on Earth’s rotation and has delayed the date by three years, pushing it from 2026 to 2029, the report found. Changes in Earth’s rotation over the long term have been dominated by the friction of the tides on the ocean floor — which has slowed down its rotation.

Persons: Patrizia, ”, Duncan Agnew, Agnew, Ted Scambos, ” Agnew, “, Olivier Morin, Scambos Organizations: CNN, Time Department, International Bureau, University of California San, University of Colorado Boulder Locations: France, University of California San Diego, Scoresby Fjord, Greenland, AFP

☆ A millennial who moved from Vancouver to LA says he has no plans to head back to Canada. An improved social life offsets high rent costs and the US healthcare system.
▼ + stars: | 2024-03-12 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

After all, his entire personal and professional life had been in Vancouver, Canada, the 33-year-old told Business Insider via email. Last October, after several months of splitting his time between Canada and LA, Martin and his husband secured visas and moved from their Vancouver suburb to West Hollywood. While he's not a fan of LA's rent costs and the US healthcare system, he said the move has had a "life-changing" impact on one thing: his social life. Business Insider asked Martin what the biggest pros and cons have been of his Canada-to-California move, and whether the improvement to his social life has offset the downsides. Their social life is a big reason why.

Persons: —, Stuart Martin, Martin, he's, He's Organizations: Service, Business, West Hollywood, Survey, LA, Wall, of Agriculture Locations: Vancouver, Canada, Los Angeles, LA, West Hollywood, West, California, Louisiana, West Virginia, Hawaii , Illinois, New York

☆ Britain to lead 2024 European real estate boom as international buyers eye opportunities, research says
▼ + stars: | 2024-03-01 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

Richard Newstead | Moment | Getty ImagesThe U.K. looks poised to lead a European real estate resurgence this year as international investors return capital to the region's strained property market. U.S., Israeli, Japanese and Taiwanese investors are set to lead that charge, spearheading a 20% rebound in real estate investment activity in 2024 as they pump cash into Britain, Germany, Spain and the Netherlands, according to the research. European real estate revivalBritain ranked as the top European destination for cross-border investment in CBRE's 2024 European Investor Intentions Survey, with investors pointing to its discounted rates and high return potential. Busà Photography | Moment | Getty ImagesIt follows a tough year for real estate in 2023, as higher interest rates pushed up borrowing costs and weighed on investor sentiment. Global cross-border real estate investment totalled 196.3 billion euros ($212.9 billion) over the year, down 40% on the five-year average, according to Real Capital Analytics data cited by Savills.

Persons: Richard Newstead, Rasheed Hassan, Savills, Chris Brett, Knight Frank Organizations: CNBC, European Central Bank, Bank of England Locations: Kings Cross, London, European, Britain, Germany, Spain, Netherlands, Poland, Paris, Madrid, Amsterdam, Berlin, Europe, East, Africa, Americas, Asia Pacific, France

A special election in the suburbs of New York to replace disgraced former Rep. George Santos could offer clues about the mindset of suburban voters everywhere as 2024 election contests ramp up across the country. “This is a big concern for my district,” Pilip said. He had a comfortable victory in his last race in the district in 2020, defeating Santos, then a relatively unknown Republican. Another question that has loomed over the race has been whether the district will exist in its current form for much longer. The ruling was a major win for Democrats in the state who have angled for more favorable congressional districts.

Persons: George Santos, Santos, Tom Suozzi, Mazi Pilip, “, ”, Larry Levy, hasn’t, Pilip, Operation Solomon, Israel, hasn't, Joe Biden, ” Pilip, Suozzi, Biden, “ She’s, I'm, I’m, Donald Trump, Robert Zimmerman Organizations: Republicans, . Rep, Democrat, Republican, National Center for Suburban Studies, Hofstra University, New York City, Democratic, Wall, Democrats Locations: New York, New York City, Queens, Long, Ethiopia, Operation, Horn of Africa, Israel, Ukrainian, Nassau, New, U.S, Mexico, Suozzi

Here are 6 signals investment bankers are watching as they pray for an M&A rebound in 2024. By contrast, activity from private equity firms "was off almost 40%," he said. In 2021, private equity firms transacted $1.5 trillion across 2,869 deals, according to Dealogic. Last year, private equity M&A made up 40% of total activity, according to Goldman Sachs. AI companies, many of which are only now being formed, need to mature, and the winners and losers need to come into focus, bankers said.

Persons: Wall, LSEG, Goldman Sachs, Vito Sperduto, Sperduto, we've, Stephan Feldgoise, Hess, Anthony J, Carfang, Cash, Goldman, Goldman's Feldgoise, Feldgoise, Mark Sorrell, I'm, Harold M, Lambert, Jerome Powell, Greg McBride, McBride, Jonathan Gray, dealmaking, Gray, Rob Chisholm, Chisholm Organizations: Fed, London Stock Exchange, Business, RBC Capital Markets, Conference Board, Conference, Federal, Goldman, Federal Reserve, Private, Bankers, DOJ, FTC, Federal Reserve Board, Bankrate, of Labor Statistics, Cisco, LSEG, Qatalyst Partners, Citi, & $ Locations: LSEG, Ukraine

☆ A year after ChatGPT’s release, the AI revolution is just beginning
▼ + stars: | 2023-11-30 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +11 min

Seemingly overnight, the user-friendly generative AI technology enraptured the globe. It also promised to revolutionize the future of white-collar work — so long as it didn’t cause an AI apocalypse in the process. ‘The world woke up to the AI revolution’And one year since ChatGPT’s public release, the fervor around AI is still at a fever pitch. And AI’s long-prophesied impacts to the labor market is also beginning to emerge, both inside and outside the tech industry. “Many, many, many jobs that are currently done by humans, AI will be able to do,” said Clune, the AI researcher at the University of British Columbia.

Persons: New York CNN —, Sam Altman, ChatGPT, ” Jeff Clune, hasn’t, ” Clune, ”, OpenAI’s, Jakub Porzycki, Suresh Venkatasubramanian, ” Venkatasubramanian, “ It’s, it’s, Venkatasubramanian, Clune, we’re, ChatGPT’s, OpenAI, David Paul Morris, “, CNN’s Kara Swisher, Altman, —, ” Altman Organizations: New, New York CNN, Big Tech, Tech, University of British, CNN, ChatGPT’s, Brown University, Economic Cooperation, Bloomberg, Getty, Microsoft — Locations: New York, University of British Columbia, Krakow, Poland, OpenAI, Asia, San Francisco , California

☆ South Africa look to avoid dropping another World Cup against nemesis Australia
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +3 min

"You've just dropped the World Cup," were the words attributed to Waugh after Gibbs's drop, though neither player has ever corroborated the remark. Klusener thumped fours off paceman Damien Fleming's first two balls to leave South Africa needing one run from the final four balls for a place in their maiden World Cup final. They were eliminated from their home World Cup in 2003 after miscalculating the adjusted winning target in a rain-hit match against Sri Lanka. In 2015, New Zealand batsman Grant Elliot smashed Dale Steyn for six to sink South Africa in the semi-final in Auckland. Former Australia wicketkeeper Brad Haddin said he would waste no time in bringing up South Africa's World Cup misfires if he was playing against them in Thursday's semi-final in Kolkata.

Persons: Steve Waugh, Herschelle Gibbs, Gibbs, jogged, You've, Waugh, Gibbs's, Lance Klusener, ender Allan Donald, Klusener, Damien Fleming's, Donald, Adam Gilchrist, Grant Elliot, Dale Steyn, Brad Haddin, Haddin, Ian Ransom, Peter Rutherford Organizations: Australia, South, Sri, New, New Zealand, Auckland . Former Australia, Thomson Locations: KOLKATA, Africa, South Africa, Edgbaston, Australia, Sri Lanka, New Zealand, New, Auckland ., Kolkata, Melbourne

Sunak said he was working on a new treaty with Rwanda that would address the points made by the court, would pass an emergency law to designate Rwanda a safe country, and was "prepared to do what is necessary" to stop any foreign court blocking deportation flights. 10 Downing Street ahead of Prime Minister's Questions at the Houses of Parliament in London, Britain, November 15, 2023. The Bar Council, which represents barristers, said it had "grave concern" about the prospect of parliament passing legislation intended to deem Rwanda a safe country and therefore upend the Supreme Court's finding. That meant Sunak needed to go further and faster, right-wing critics in his party said. However, another Conservative politician in the moderate wing of the faction-ridden party was pessimistic about the plan's future.

Persons: Rishi Sunak, Sunak, Neil O'Brien, James, Gavin Phillipson, Alan Greene, Peter Nicholls, Nick Vineall, Phillipson, Sam Tobin, Sachin Ravikumar, Alex Richardson Organizations: LONDON, British, Sunak's Conservative Party, University of Bristol, Constitutional, Rights, Birmingham Law School, Britain's, REUTERS, of Human Rights, Bar Council, Conservative Party, Labour Party, New Conservatives, Conservative, Thomson Locations: Rwanda, Britain, London, Downing

☆ GM earnings give its restive workers an inch
▼ + stars: | 2023-10-24 | by ( Jonathan Guilford | ) www.reuters.com time to read: +4 min

On Tuesday, GM reported strong earnings that will embolden staff who have walked out at all three of the big Detroit firms. GM beat analysts’ expectations for third-quarter profit despite a $200 million hit from the strikes that started in September. That said, the firm run by Mary Barra also ditched its official forecast as it wrestles with the $200 million weekly costs from labor disruptions. Fortunately for GM, talks with its union seem to have narrowed in from earlier demands that would have vaporized the industry’s operating profit. Ongoing strikes by the United Auto Workers union, which represents GM employees, cost the company $200 million in the third quarter.

Persons: walkouts, Mary Barra, Shawn Fain, Tesla, Elon, Fain, John Foley, Sharon Lam Organizations: General Motors Company, Reuters, United Auto Workers, General Motors, Ford Motor, GM, Cox Automotive, UAW, Elon Musk’s, United Auto Workers union, Detroit, Thomson Locations: Queens , New York, U.S, Detroit, Wells, GM’s Arlington

☆ Automakers say they face $14 billion in fines from Biden's 'unfeasible' fuel rules
▼ + stars: | 2023-09-29 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

The fines would impact one in every two light trucks and one in every three passenger cars in 2027-2032, the group added. A separate document viewed by Reuters said the Detroit Three - GM, Ford Motor (F.N) and Chrysler-parent Stellantis (STLAM.MI) - would face about $10 billion in CAFE fines in that period. A NHTSA spokesperson said the estimate cited by automakers represents the agency forecast and is "consistent with our statutory obligations". In June, Reuters reported Stellantis and GM paid a total of $363 million in CAFE fines for failing to meet U.S. fuel economy requirements for prior model years. The record-setting penalties include $235.5 million for Stellantis for the 2018 and 2019 model years and $128.2 million for GM covering 2016 and 2017.

Persons: Jose Luis Gonzalez, Biden, David Shepardson, Barbara Lewis Organizations: REUTERS, Rights, Alliance, Automotive Innovation, General Motors, Toyota, Volkswagen, Hyundai, Traffic, Reuters, Detroit, Ford Motor, Chrysler, European Union, NHTSA, GM, Thomson Locations: Texas, Ciudad Juarez, Mexico

☆ Medicare's drug-price negotiations will save the government billions in healthcare spending — but patients may not feel the benefits
▼ + stars: | 2023-09-25 | by ( Natalie Rahhal | ) www.businessinsider.com time to read: +6 min

Patients with private health insurance aren't likely to see a drop in costs from the negotiations. Longo said the price-setting provisions will drive research and investment away from treatment options for Medicare patients. If drug companies won't come to the negotiating table to lower drug prices paid by private insurers, those insurers could take the companies' drugs off their lists of covered medications. Or, if private insurance companies don't negotiate drug prices down for their patients, patients in some cases could seek out different insurance. "These are not full solutions, but they are the beginning of cracks in the facade" of drug companies' constant price hikes, Feldman said.

Persons: Biden, Juliette Cubanski, Jeffrey Davis, Davis, Richard Frank, —, Nicole Longo, Longo, it's, — aren't, Robin Feldman, Feldman, Cuban's Organizations: Medicare, Healthcare, Morning, Centers, Services, Congressional, McDermott, Consulting, Brookings Schaeffer Initiative, Health, Pharmaceutical Research, Manufacturers of America, PhRMA, University of California Law School, Costco, Pharmaceutical Locations: Lower

☆ A degree from this Ivy League university can add over $80,000 to your salary—it's not Harvard or Yale
▼ + stars: | 2023-09-15 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +2 min

Getting your bachelor's degree from virtually any college can dramatically increase your earning potential. Degrees from certain colleges, however, can boost your earnings even more. A degree from the University of Pennsylvania may have the biggest impact on your salary, adding an estimated $80,000 a year, according to The Wall Street Journal's rankings of U.S. colleges and universities. Unsurprisingly, five of the eight Ivy League schools are in the top 10 colleges with the biggest salary impact. These are the 10 colleges and universities that can have the biggest impact on your salary, according to The Wall Street Journal.

Persons: Penn, Emma Morgenstern, Morgenstern, Technology — Organizations: National Center for Education Statistics, University of Pennsylvania, Penn, CNBC, Ivy League, Journal, Missouri University of Science, Technology, Wall Street

☆ Selling Saudi Soccer, One Like at a Time
▼ + stars: | 2023-09-15 | by ( Rory Smith | More About Rory Smith | ) www.nytimes.com time to read: +2 min

There has always been a discrepancy between live soccer’s value as content and the number of people who actually watch it. Even the most mouthwatering Premier League games attract only a couple of million viewers in Britain, and roughly the same number in the United States. It seems unlikely that Saudi Arabia is ignorant of that. The country’s approach has been sufficiently considered that it is reasonable to assume it has been factored into its plans. Quite what that means for the future of the sport itself — of all sports, in fact — is not clear.

Persons: Ronaldo Organizations: Premier League Locations: Britain, United States, Saudi Arabia

☆ Ukrainian partisans say a double agent in the Russian military helped them plan the devastating attack at a shipyard in Crimea
▼ + stars: | 2023-09-15 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

A Ukrainian partisan group says a Russian military member helped Ukraine with its strike in Crimea. "We managed to attract one of the military members of the Russian Black Sea Fleet," ATESH told the outlet. That intel helped Ukrainian forces strike the crucial Russian naval base in Sevastopol, Crimea, on the Black Sea. ATESH told the Kyiv Post that it wasn't just a mole in the Russian military that gave them the crucial intel, but also local residents. AdvertisementAdvertisement"The constantly growing Ukrainian underground partisan movement demonstrates that the inhabitants of Crimea are ready to fight against Russia," ATESH told the Kyiv Post.

Persons: —, ATESH Organizations: Service, Kyiv Post, intel, Russia Locations: Ukrainian, Russian, Ukraine, Crimea, Sevastopol, Wall, Silicon, Crimean Tatars, Russia, Kyiv, Rostov, Minsk, Don

☆ Here's what's next for bitcoin ETFs after a court ruled in favor of Grayscale over the SEC
▼ + stars: | 2023-08-29 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +6 min

A federal appeals court struck down the SEC's order denying the conversion of the Grayscale Bitcoin Trust (GBTC) into an exchange traded fund. The decision does not guarantee that investors will be able to freely trade a bitcoin ETF anytime soon, however. Another impact could be for the bitcoin futures ETFs that are already on the market, led by the $940 million ProShares Bitcoin Strategy ETF (BITO) . Those funds could see outflows if investors choose the spot bitcoin products instead. Consider Valkyrie's attempt to change its bitcoin futures product into a broader crypto fund that also holds ether futures.

Persons: Jeremy Senderowicz, Vedder Price, Senderowicz, Terrence Yang, Swan, Yang, Cathie Wood, Islam, bitcoin Organizations: Securities, Exchange, SEC, Appeals, U.S, Supreme, CNBC, Ark Invest, Bloomberg News, BlackRock, Marathon

[1/3] A man walks past a poster for the film "The Killer" on the eve of the opening ceremony of 80th Venice Film Festival, in Venice, Italy, August 29, 2023. But some others will come because they are working in the independent films," Barbera told Reuters Television. Polanski, 90, fled the United States over a conviction for raping a 13-year-old girl in 1977, a crime he admitted. Besson's picture "Dogman" is in the main draw, while Allen's first French-language film "Coup de Chance" and Polanski's comedy "The Palace" are being shown out of competition. Reporting by Crispian Balmer and Hanna Rantala; Editing by Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.

Persons: Yara, Alberto Barbera, Barbera, Bradley Cooper, Yorgos Lanthimos, David Fincher, Michael Mann, Sofia Coppola, Ava DuVernay, Ryusuke, Damien Chazelle, Fincher, Michael Fassbender, Cooper, Maestro, Leonard Bernstein, Coppola, Priscilla, Elvis Presley's, Cailee Spaeny, Ferrari, Mann, Adam Driver, Enzo Ferrari, Penelope Cruz, Cruz, Jessica Chastain, Michel Franco's, Mads Mikkelsen, Nikolaj Arcel's, Woody Allen, Luc Besson, Roman Polanski, MeToo, Besson, Allen, Polanski, He's, Allen's, Chance, Crispian Balmer, Hanna Rantala, Bernadette Baum Organizations: Venice Film, REUTERS, Reuters Television, Lion, Hollywood, Thomson Locations: Venice, Italy, VENICE, U.S, Italian, United States

☆ Grading the Inflation Reduction Act one year later with Fmr. Rep Donna Edwards and Ron Christie
▼ + stars: | 2023-08-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGrading the Inflation Reduction Act one year later with Fmr. Rep Donna Edwards and Ron ChristieHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Donna Edwards, Ron Christie, Brian Sullivan, “ Organizations: Fmr, CNBC

☆ Opinion | How to Make Sure Federal Climate Money Helps Everyone
▼ + stars: | 2023-08-13 | by ( Farah Stockman | ) www.nytimes.com time to read: +2 min

More solar panels appeared on my neighbors’ roofs. Mini split units that heat and cool became all the rage. People seem more focused on keeping a roof over their head than affixing solar panels to it. A contractor tried to talk us out of installing a mini split. That’s a hangover from the past, when tax credits aimed at encouraging energy efficiency largely excluded landlords and renters.

Persons: Biden, Teslas, won’t, don’t Organizations: Great Society Locations: Cambridge, Detroit

☆ Companies await funding one year after CHIPS Act signed into law
▼ + stars: | 2023-08-08 | by ( Kristina Partsinevelos | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCompanies await funding one year after CHIPS Act signed into lawCNBC's Kristina Partsinevelos reports on the progress made from the federal CHIPS and Science Act one year after President Biden signed it into law.

Persons: CNBC's Kristina Partsinevelos, Biden Organizations: Companies

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