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☆ Slowing growth plus stubborn inflation add up to a headache for Fed officials
▼ + stars: | 2024-04-25 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

The slowing growth and stubborn inflation picture emerging in the U.S. economy may not be quite a nightmare scenario for the Federal Reserve, but it at least could make for some restless sleep. Markets had been looking for the string of good readings dating back to mid-2022 to continue, with economists estimating real GDP growth of 2.4% and inflation readings around 3%. What it got was essentially what some on Wall Street called the worst of both worlds, with weakening growth and stubborn price pressures. The Fed will get a more granular look at PCE data on Friday when the Commerce Department releases the monthly figures for March. "We still think Fed cuts are coming this summer, before inflation has sustainably slowed."

Persons: Matthew Ryan, —, Ryan, Steven Blitz, Veronica Clark Organizations: Federal Reserve, Commerce, Treasury, Commerce Department, TS Lombard, Citigroup, Citi Locations: U.S

☆ Biden keeps needling Trump as he walks a tightrope over his rival’s trial
▼ + stars: | 2024-04-25 | by ( Kevin Liptak | Kayla Tausche | ) edition.cnn.com time to read: +6 min

Campaign officials are fully aware the Trump trial could dominate news coverage in the weeks to come. Even some occasional critics of Biden’s campaign strategy have not found fault in his approach to the Trump trial. Their strategy of not campaigning, wasting money, acting like small time thugs, and pushing their extreme agenda is driving away voters,” Biden campaign spokesperson James Singer said in a statement Friday. On the trail during the trialIt is that viewpoint that has largely animated the president’s schedule as Trump’s first criminal trial gets underway. The trip followed swings through battleground Pennsylvania during the court’s jury selection and Virginia on the first day of Trump’s trial.

Persons: Joe Biden, Donald Trump, ”, ” Biden deadpanned, Trump’s, Biden, Trump, Kennedy, grumble, “, David Axelrod, Barack Obama, I’m, He’s, ” Axelrod, CNN’s Dana, Don ”, ” Biden, James Singer, it’s, –, needling Trump Organizations: New York CNN, Republican, Trump, Micron, Biden, CNN, White Locations: Syracuse, New York, Manhattan, Florida, Pennsylvania, Washington, Syracuse , New York, America’s, Tampa , Florida, Virginia

☆ Taylor Swift’s ‘Tortured Poets’ Arrives With a Promotional Blitz
▼ + stars: | 2024-04-19 | by ( Ben Sisario | ) www.nytimes.com time to read: +1 min

Taylor Swift was already the most ubiquitous pop star in the galaxy, her presence dominating the music charts, the concert calendar, the Super Bowl, the Grammys. In the days leading up to the release of “The Tortured Poets Department” on Friday, Swift became all but inescapable, online and seemingly everywhere else. A Spotify-sponsored, Swift-branded “library installation,” in muted pink and gray, popped up in a shopping complex in Los Angeles. In Chicago, a QR code painted on a brick wall directed fans to another Easter egg on YouTube. Videos on Swift’s social media accounts, showing antique typewriters and globes with pins, were dissected for clues about her music.

Persons: Taylor Swift, Department ”, Swift, SiriusXM Organizations: Department, Apple, Spotify, Swift Locations: Los Angeles, In Chicago

☆ Election Updates: Biden keeps up Pennsylvania blitz as Trump’s trial resumes in New York.
▼ + stars: | 2024-04-18 | by ( Chris Cameron | ) www.nytimes.com time to read: +6 min

Among the relatives of Mr. Kennedy expected to back Mr. Biden are his siblings Joseph, Kerry, Rory, Kathleen, Maxwell and Christopher. Responding to the move by his family members, Mr. Kennedy refrained from criticizing them. His campaign also fired a consultant who had suggested that supporting Mr. Kennedy would help Mr. Trump defeat Mr. Biden. He posted on social media last month that Mr. Kennedy was more “radical Left” than Mr. Biden, casting him as a liberal Democrat in disguise. Just as President Biden does today.”After Mr. Biden speaks, Kennedy family members will make calls to voters and knock on doors, the Biden campaign said.

Persons: Kennedy, Biden, Robert F, Kennedy Jr, Biden’s, Mr, Joseph, Kerry, Rory, Kathleen, Maxwell, Christopher, Kerry Kennedy, Joe Kennedy III, Kennedy’s, Donald J, Trump, John Kennedy, Robert Kennedy, Ted Kennedy, ” Kerry Kennedy, ABC’s, “, ”, Lincoln, Patrick’s, ” Mr, John F, Trump’s, Cornel West, —, Donald, “ Daddy Organizations: Democratic, Biden, White, St, Democratic Party, Green Party, Democrats, Capitol Locations: Philadelphia, Massachusetts, Pennsylvania, United States

☆ McDonalds is bringing back bagels to boost California sales after state minimum wage hike
▼ + stars: | 2024-04-15 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

The popular menu item, plus a $15 million ad buy, could boost sales by 10%, according to Bloomberg. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementCalifornia's newly enacted fast food wage hike is already having an effect, though not one lawmakers likely had in mind when writing the law: bagels are back at McDonald's in the state. Related storyMcDonald's told Business Insider that the team's recommendations were based on best practices from other locations where restaurant operators have had to navigate local wage hikes. Scott Rodrick, who owns 18 McDonald's locations in the state, told Business Insider he's already raised menu prices between 5% and 7% since January, but there is a limit to the prices his customers will pay.

Persons: —, Scott Rodrick, he's, Kerri Harper, Howie Organizations: Bloomberg, Service, Golden State, KTLA News Locations: California, McDonald's

☆ What prosecutors have to prove in the Trump hush money trial
▼ + stars: | 2024-04-14 | by ( Kara Scannell | Lauren Del Valle | ) edition.cnn.com time to read: +7 min

Prosecutors allege Trump falsified business records to hide the reimbursement of hush money payments that were made to influence the election outcome. And it may feature at least one audio recording of Trump and Cohen allegedly discussing a catch and kill deal. Necheles represented Trump’s business at its tax fraud trial in 2022. It was the third “catch and kill” deal to come after a key meeting at Trump Tower in August 2015 between Trump, Cohen and Pecker. On October 27, 2016, Cohen wired the money to Daniels and 12 days later Trump won the election.

Persons: Donald Trump, coverup, Trump, Stormy Daniels, Attorney Alvin Bragg, Donald Trump's, Kena Betancur, Juan Merchan, Michael Cohen, David Pecker, ”, Hope Hicks, Cohen, they’ve, Daniels, Todd Blanche, Emil Bove, Susan Necheles, Necheles, Bradley Smith, Alan Garten, Merchan, Pecker, Karen McDougal, Allen Weisselberg Organizations: CNN, Prosecutors, Manhattan, Attorney, Trump, National Enquirer, Commission, Trump Organization, Trump Tower, American Media Locations: Manhattan, New York City, Kena, New York, Lake Tahoe

☆ Trump’s first criminal trial is a historic and solemn moment for America
▼ + stars: | 2024-04-14 | by ( Stephen Collinson | ) edition.cnn.com time to read: +13 min

The United States, unlike democracies that have been historically less stable, is not a nation accustomed to seeing its former heads of state on trial. This is one reason why Trump’s 2024 campaign is running as much through the courtrooms as according to the traditional rhythms of a White House bid. It’s very unfair that I’m having a trial there,” Trump said on Friday, alluding to New York City’s liberal lean. The deteriorating situation could bolster Trump’s claims the world is spinning out of control under his successor’s watch. Merchan has declined efforts by the president’s attorneys to get the trial relocated to a jurisdiction where voters may be more favorable to Trump.

Persons: Donald Trump, Trump, ”, Biden, Attorney Alvin Bragg, Juan Merchan, Judge Arthur Engoron, Joe Biden, “, that’s, Robert Hirschhorn, ” Trump, he’s, Nelson Mandela, Alexey Navalny, Bragg, Trump’s, Stormy Daniels, Daniels, ” Bragg, ” Trump’s, …, Norm Eisen, ” Eisen, Alvin Bragg, Jack Smith, Michael Cohen, Merchan, Cohen Organizations: CNN, Republican, Trump, Attorney, Democrat, Conservative Political, Conference, Biden, White House, Prosecutors Locations: United States, Manhattan, New York, Pennsylvania, Israel, Iran

☆ Kamala Harris leads Biden's charge on abortion rights
▼ + stars: | 2024-04-13 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +6 min

Kamala Harris has become the face of the Biden's campaign attacks on Trump's abortion rights record. AdvertisementVice President Kamala Harris is making sure abortion rights stay at the forefront of the 2024 campaign. During the 2020 Democratic presidential run, then-Sen. Harris said states with a history of restricting abortion rights should be forced to get federal approval before enacting new laws. The campaign also announced that it will spend seven figures in an ad blitz focused on abortion rights in Arizona. Trump, of course, had no say in appointing any of the seven Arizona Supreme Court justices.

Persons: Kamala Harris, Harris, —, Donald Trump, Joe Biden, Harris doesn't, Sen, Biden, Dobbs, Roe, Wade, Jackson, Trump, Mike Johnson, shouldn't, wouldn't Organizations: Trump, Service, Biden, The New York Times, University of Arizona, Democratic, US, Arizona Supreme, Arizona Legislature, ACT Locations: Arizona, Tucson, Dobbs v

☆ Trump’s lawyers file another appeal in hush money trial
▼ + stars: | 2024-04-10 | by ( Kara Scannell | ) edition.cnn.com time to read: +1 min

CNN —Lawyers for Donald Trump have filed another appeal in the hush money case to challenge the order by the trial’s judge denying him from arguing he has presidential immunity. Trump’s attorneys also are challenging Judge Juan Merchan’s “refusal” to recuse himself from the trial and a previous ruling related to how dockets are made publicly. In a brief two-page notice of petition filed on Wednesday, Trump’s lawyers alleged the judge exceeded his authority in those rulings and have asked the appeals court to hold a hearing on May 6. The court filing posted on the public docket does not indicate that Trump is seeking an emergency hearing before the appeals court to delay the trial in this notice of petition. Trump’s lawyers earlier this week asked the appeals court to stop the trial over pretrial publicity and the gag order.

Persons: Donald Trump, Juan Merchan’s “, ”, Trump Organizations: CNN

☆ Caitlin Clark will head to the WNBA at a critical moment for the league
▼ + stars: | 2024-04-05 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +8 min

The WNBA, still emerging entering its 28th season, hopes Caitlin Clark can achieve what those athletes did and turn the league into a cultural phenomenon. WNBA players’ salaries also lag behind. Turning Clark fans into WNBA fansClark is already having an impact on the WNBA. “The need by WNBA teams to invest in fan acquisition and fan engagement is really critical to maximize this moment,” she said. Bebeto Matthews/APThe league was financially connected to the NBA, and each of the first eight WNBA teams was linked to an NBA franchise.

Persons: Woods, Venus Williams, Michael Jordan, Caitlin Clark, ”, Boris Lelchitski, Candace Parker, Jonquel Jones, ” Clark, Angel Reese, Clark, Reese, “, Phil Cook, Gregory Fisher, Nielsen, “ Caitlin Clark, Noah Henderson, Cathy Engelbert, “ We’ve, Erica Denhoff, Jessica Gelman, Gelman, David Stern, Lisa Leslie, Sheryl Swoopes, Rebecca Lobo, Bebeto Matthews, Terri Jackson, ” Donna Orender, Orender, ” Engelbert, Cameron Brink, ’, “ Clark, Donna Orender Organizations: New, New York CNN, NBA, WNBA, Indiana Fever, NCAA, University of Iowa, Louisiana State University, Tiger, USA, Sports, Reuters, Loyola University, CNN, LSU, WNBA's Indiana, Kraft Analytics Group, MIT Sloan Sports Analytics, Nielsen, Brands, Gatorade, State, longtime, Olympics, Basketball Players Association, Deloitte, Kraft Analytics Locations: New York, Chicago, Iowa, USA, Atlanta, San Francisco

☆ TikTok Turns to Nuns, Veterans and Ranchers in Marketing Blitz
▼ + stars: | 2024-04-04 | by ( Sapna Maheshwari | ) www.nytimes.com time to read: 1 min

In a TV commercial, Sister Monica Clare, a nun in northern New Jersey, walks through a church that’s bathed in sunlight and sits in a pew, crossing herself. “Because of TikTok, I’ve created a community where people can feel safe asking questions about spirituality,” she says in the advertisement. Sister Monica Clare is one of several fans of TikTok — along with drawling ranchers, a Navy veteran known as Patriotic Kenny and entrepreneurs — whom the company is highlighting in commercials as it faces intense scrutiny in Washington. “TikTok definitely has a branding issue in the United States,” Sister Monica Clare, 58, said in an interview. They don’t understand what the content is.

Persons: Monica Clare, I’ve, ”, TikTok, Kenny, —, “ TikTok, “ Organizations: Navy Locations: New Jersey, Washington, United States

☆ Doughnuts, smoothies, pizza, MoonPie, eyewear — brands are going all out-of-this-world with solar eclipse-themed goodies
▼ + stars: | 2024-04-04 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +5 min

On Monday, April 8, millions of people will witness a rare total solar eclipse as it passes over Mexico, the United States and Canada. For starters, Pizza Hut will give customers a “Total Eclipse of the Hut” deal on eclipse day, offering any large-sized pizza for $12. This is the second time Krispy Kreme has created a new one pegged to a total solar eclipse. Back in 2017, during the last total solar eclipse in the US, the brand used chocolate to cover its original glazed doughnut. NASA recommends wearing a set of eclipse glasses that complies with the ISO 12312-2 international standard when viewing any solar eclipse.

Persons: New York CNN —, celestially, Kreme, Koen Pauwels, ”, ” Pauwels, “, Smoothie King, Burger, Parker, MoonPie, graham, Tory Johnston, MoonPie's, Johnston Organizations: New, New York CNN, Eclipse, Northeastern University, NASA, Chattanooga Bakery, Inc, Kroger Locations: New York, Mexico, United States, Canada, Chattanooga

CNN —Donald Trump made an unexpected declaration Tuesday when probed about a six-week abortion ban that will soon take effect in his home state of Florida. “We’ll be making a statement next week on abortion,” the former president told reporters in Grand Rapids, Michigan. Other close advisers, however, have expressed concern that Trump will give further ammunition to Democrats by supporting any new restrictions on abortion. “It was bound to happen at some point where he needed to clarify his position,” a Trump adviser told CNN. Ron DeSantis was courting the state’s evangelical community by running to Trump’s right on the issue.

Persons: Donald Trump, “, ”, Trump, Roe, Wade, Kellyanne, Conway, Carolina Sen, Lindsey Graham, Ralph Reed, ” Graham, Joe Biden’s, ” Roe, greenlit, Sunshine State –, they’re, it’s, it’ll, ” Trump, Sid, Trump’s, Vincent Haley, Ross Worthington, Haley, Worthington, she’s, Lindsey Graham’s, Susan B, Anthony Pro, Brian Hughes, — I’ve, — Trump, Graham, Reed, Marjorie Dannenfelser, Ron DeSantis Organizations: CNN, White, US, Republican, Democratic, Trump, Lago, and Freedom Coalition, Florida Supreme, Sunshine State, “, Fox News, New York, Friends, Trump . Leaders, GOP, Republicans, SBA, Mar, Florida Gov Locations: Florida, Grand Rapids , Michigan, Kellyanne Conway, Mar, ”, Carolina, Trump, Graham’s, Michigan, Nashville , Tennessee, Roe, vocalize, Iowa

☆ Don't sweat the prospect of no Fed rate cuts, economist says — markets will still march higher
▼ + stars: | 2024-03-28 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +4 min

Federal Reserve Bank Chair Jerome Powell speaks during a news conference at the bank's William McChesney Martin building on March 20, 2024 in Washington, DC. His comments come as investors await the release of further U.S. economic data and closely monitor clues from Fed officials about the expected number of interest rate cuts in 2024. Asked on Thursday about the likelihood of one or no Fed interest rate cuts this year, Blitz said that it's "getting pretty good. Blitz said markets will likely continue to march higher, even if the Fed decides not to impose any interest rate cuts this year — a prospect that U.S. asset manager Vanguard named as their base-case scenario. Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024.

Persons: Jerome Powell, William McChesney Martin, Chip Somodevilla, Steven Blitz, Blitz, They're, CNBC's, it's, Christopher Waller, Waller, Raphael Bostic, Jerome, Powell Organizations: Bank, Getty, Federal Reserve, TS Lombard, Traders, Fed, Vanguard, Economic, of New, Atlanta Federal Reserve, US Federal Reserve, Bloomberg Locations: Washington ,, U.S, of New York, Atlanta, Washington , DC

The companies announced an initial $1.25 billion investment in September, and said at the time that Amazon would invest up to $4 billion. The deal was struck at the AI startup's last valuation, which was $18.4 billion, according to a source. Over the past year, Anthropic closed five different funding deals worth about $7.3 billion — and with the new Amazon investment, the total exceeds $10 billion. News of the Amazon investment comes weeks after Anthropic debuted Claude 3, its newest suite of AI models that it says are its fastest and most powerful yet. But multimodality, and increasingly complex AI models, also lead to more potential risks.

Persons: Claude, Anthropic, OpenAI's, what's, Swami Sivasubramanian, OpenAI's ChatGPT, OpenAI, Microsoft's OpenAI, Anthropic's Claude, Daniela Amodei, We've, Tesla, Brendan Burke, Bill Gurley, Gurley, Microsoft's, Lina Khan Organizations: Amazon, Google, CNBC, Fortune, Nvidia, Microsoft, Apple, U.S . Federal Trade Commission Locations: San Francisco, Anthropic, OpenAI

☆ Ukraine drones attack multiple oil refineries in the campaign against Russia's strategic energy industry
▼ + stars: | 2024-03-17 | by ( Cameron Manley | ) www.businessinsider.com time to read: +5 min

Ukraine attacked another Russian oil refinery on Saturday night. AdvertisementA long week of attacks on oil and gas infrastructureThis past week, Ukraine has made a concerted effort to degrade Russia's oil production capabilities. The governor of Russia's Samara Oblast reported on March 16 that Ukrainian drones had attacked two Rosneft oil refineries. One attack had hit another major oil refinery operated by Lukoil in the southwestern Volgograd region. Similar incidents had occurred across Russia in January, hitting the Slavneft-Yanos oil refinery, an oil refinery in Tuapse, a storage facility in Klintsy, and a Baltic sea Ust-Luga terminal.

Persons: —, Ukrainska, Russia's, Andriy Yermak, Volodymyr Zelenskyy, Zelensky, Краснодарському кра РосВдео Organizations: Bloomberg, Service, Business, Astra, Ukrainska Pravda, Security Services, Security Service, Stringer, Anadolu Agency, Getty, Reuters, Staff, Lukoil, НПЗ Locations: Ukraine, Russian, Krasnodar, Moscow, Russia, Russia's Samara Oblast, Ryazan, Nizhny Novgorod, Leningrad, Lukoil's Norsi, Russia's Belgorod, Norsi, Ukrainian, Volgograd, Tuapse, Klintsy, Baltic

☆ This week provided a reminder that inflation isn't going away anytime soon
▼ + stars: | 2024-03-14 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

From consumer and wholesale prices to longer-term public expectations, reports this week served up multiple reminders this week that inflation isn't going away anytime soon. Data across the board showed pressures increasing at a faster-than-expected pace, causing concern that inflation could be more durable than policymakers had anticipated. The bad news began Monday when a New York Federal Reserve survey showed the consumer expectations over the longer term had accelerated in February. It continued Tuesday with news that consumer prices rose 3.2% from a year ago, and then culminated Thursday with a release indicating that pipeline pressures at the wholesale level also are heating up. The latest jolt on inflation came Thursday when the Labor Department reported that the producer price index, a forward-looking measure of pipeline inflation at the wholesale level, showed a 0.6% increase in February.

Persons: Steven Blitz, Dow Jones Organizations: New York Federal Reserve, TS Lombard, Labor Department, department's Bureau of Labor Statistics

☆ Amazon plans 'Big Spring Sale' that's not just for Prime members starting March 20
▼ + stars: | 2024-03-14 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Amazon will host a spring sale next week with discounts on seasonal items, and this one is not restricted to Prime members. Amazon said Thursday that the event, which it's calling the "Big Spring Sale," will run for six days starting March 20, in North America. Unlike the Prime Day discount bonanza typically held in the summer, next week's event will be open to shoppers who don't pay for a Prime membership. The subscription program costs $139 per year, or $14.99 a month, in the U.S., and perks include free, speedy shipping; video streaming; and access to exclusive Prime Day deals. The company is launching its spring event as shoppers, grappling with high inflation, remain hungry for discounts.

Persons: Amazon Organizations: Amazon, U.S . Department of Labor Locations: Robbinsville , New Jersey, North America, U.S

☆ US intel chief says she can’t rule out possibility that China will use TikTok to influence 2024 elections
▼ + stars: | 2024-03-12 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +5 min

CNN —US intelligence officials “cannot rule out” the possibility that the Chinese government will use TikTok to influence the 2024 US elections, Director of National Intelligence Avril Haines told lawmakers on Tuesday. “We regularly take action against deceptive behavior, including covert influence networks throughout the world, and have been transparent in reporting them publicly,” a TikTok spokesperson told CNN. China is showing “a higher degree of sophistication in its influence activity,” including by experimenting with generative artificial intelligence, according to the report. The Chinese government routinely denies US allegations of election influence. “Even if Beijing sets limits on these activities, individuals not under its direct supervision may attempt election influence activities they perceive are in line with Beijing’s goals.”

Persons: National Intelligence Avril Haines, Haines, “, ”, TikTok, Christopher Wray, Wray, ByteDance, Moscow’s, Xi Jinping, Joe Biden Organizations: CNN, National Intelligence, Intelligence, U.S, Republican, Facebook, Twitter, Capitol, House Intelligence Committee, Foreign Ministry Locations: China, Russia, Iran, New York, Washington, Los Angeles, U.S, Beijing

☆ I went to SXSW and saw Netflix and Amazon competing with splashy sci-fi, while Paramount+ pitched its whole line-up
▼ + stars: | 2024-03-12 | by ( Nathan Mcalone | ) www.businessinsider.com time to read: +6 min

Netflix, Amazon, Paramount+, and Disney competed for attention with premieres and eye-catching installations. While there, I got to witness South by Southwest's opening weekend, which was dominated by the streaming heavyweights Netflix, Amazon, and Paramount+, with a cameo from Disney. Netflix held a premiere for "3 Body Problem," and Amazon built an interactive postapocalyptic world to promote "Fallout." AdvertisementNetflix's 3D projection for "3 Body Problem" stopped people in their tracks. Nathan McAloneLater, as the "3 Body Problem" premiere began, I heard "Game of Thrones" alum John Bradley (of Samwell Tarly fame) mutter an anxious "Oh God."

Persons: —, Max, Nathan McAlone Netflix, David Benioff, Weiss, Alexander Woo —, Doug Liman, Nathan McAlone, John Bradley, mutter, Bradley shouldn't, Palmer Haasch, Bradley, Blake Griffin, Nathan McAlone Amazon, Bass Reeves, Alex Garland's Organizations: Southwest, Netflix, Paramount, Disney, Service, HBO, Hollywood, Amazon, Paramount Theatre, Rotten, Mortal Media, Apple, Studios, Austin Convention Locations: Austin, Hollywood, United States

☆ Fintech Griffin just secured full regulatory approval. Here's the 12-slide pitch deck it used to raise $24 million as a fully-fledged bank.
▼ + stars: | 2024-03-11 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

British banking-as-a-service fintech Griffin has raised new funding after receiving regulatory approval to be a fully operational bank. The market is god awful, so not having to do a down-round, with outside investors coming in, is the best outcome." Griffin has raised £19.1 million, around $24 million, in a funding round led by MassMutual Ventures, NordicNinja, and Breega, with participation from Notion Capital, EQT Ventures, DG Daiwa and CircleRock. "We are hiring, but unlike earlier rounds, we aren't going on a hiring blitz, as we did the hiring for this round before the round closed. We were about to be a fully operational bank, so we needed operations roles," Jarvis added.

Persons: fintech Griffin, Griffin, David Jarvis, Allen Rohner, Jarvis, We've Organizations: Business, Prudential, Authority, Financial, MassMutual Ventures, NordicNinja, Notion, EQT Ventures, DG Locations: London

WASHINGTON (AP) — Jack Lobel is a college sophomore who will be voting in his first presidential election this fall, casting a ballot for Joe Biden. “If age were really a concern we would not see this much energy around these groups," said Lobel, an urban studies major in New York. “President Biden comes before midterms and exams and papers,” Lobel said, only half-joking. The groups' affinity for the president is little surprise given that young people tend to be more left-leaning than many other voting blocs. Still, it may soften the blow of many voters' concerns about Biden's age.

Persons: Jack Lobel, Joe Biden, isn't, Lobel, “, Biden, ” Lobel, Donald Trump, Trump, he's, “ Young, Biden’s, Julie Chavez Rodriguez, Jr, ”, gaffes, Barack Obama, Aalayah, ” Eastmound Organizations: WASHINGTON, Associated Press, NORC, for Public Affairs Research, The Associated Press, Tomorrow, NextGen PAC, Newtown Action Alliance, America, Young Democrats of America , College Democrats of America, Democratic Youth Coalition, Grassroots Dems, High School Democrats, Biden, Trump, Republicans, PAC, Parkland, Team Locations: New York, Florida

☆ Biden quips he is 'young, energetic, and handsome' in $30 million ad campaign
▼ + stars: | 2024-03-11 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

Joe Biden has launched a $30 million ad campaign where he makes light of the concerns over his age. AdvertisementJoe Biden pokes fun at concerns about his age in a new $30 million TV and digital ad blitz. AdvertisementRepublican frontrunner and former president Donald Trump is running for reelection aged 77. Joe Biden and Donald Trump are effectively the same age. "I'm Joe Biden, and I approve this message," he declares.

Persons: Joe Biden, Donald Trump, —, Biden, Harris, Hillary Clinton, it's, …, el65gxRT1M — Hillary Clinton, Trump, Donald Trump —, I'm Joe Biden, I've Organizations: Service, New York Times, Siena College, Biden, Democratic, ESPN, TNT, Comedy Central, FX Locations: Thursday's State, @HillaryClinton, America

☆ House GOP pushes ahead with TikTok bill despite Trump opposition
▼ + stars: | 2024-03-11 | by ( Melanie Zanona | Haley Talbot | ) edition.cnn.com time to read: +6 min

And he recognized that TikTok was a national security threat, and we are proceeding, because that threat continues today,” she said. Nowhere in the bill does it say Tiktok,” Pence told CNN. The measure’s fate, however, is less certain in the Senate, but Scalise told CNN he’s had conversations with senators who are “interested” in the legislation. While many senators told CNN they were still reviewing the legislation Monday night, there is a core group of senators who have expressed support or openness to the House bill. “He’s wrong,” Roy, a House Freedom Caucus member, told CNN.

Persons: Donald Trump, Cathy McMorris Rodgers, TikTok, ”, “ I’m, there’s, McMorris Rodgers, “, Morgan Griffith, doesn’t, Jeff Duncan, CNN he’s, we’ve, ByteDance, ” Duncan, “ We’ve, Greg Pence, Bill, can’t, ’, ” Pence, Steve Scalise, Scalise, Shou Chew, Chew, Mariannette Miller, Meeks, Chip Roy, ” Roy, it’s, Tik Tok, Bob Good, Troy Nehls, Trump, ” Nehls, CNN’s Sam Fossum, Manu Raju, Lauren Fox Organizations: CNN — House Republicans, House Energy, Republican, GOP, of Justice, Energy, Commerce, ”, Caucus, CNN, Chinese Communist Party, South Carolina Republican, Republicans, Punchbowl News, Trump, Rep, Iowa Republican, Texas Republican, Communist, Texas Rep Locations: United States, Virginia, Indiana, Texas, China

☆ Russia’s new guided bomb inflicts devastation and heavy casualties on the Ukrainian frontlines
▼ + stars: | 2024-03-10 | by ( Frederik Pleitgen | Tim Lister | ) edition.cnn.com time to read: +7 min

It is delivered from above by fighter jets from a distance of some 60-70 kilometers, out of range of many Ukrainian air defenses. Yuri Ihnat, Ukrainian air force spokesman, told CNN: “On the eve of and during the battle of Avdiivka hundreds of air bombs were launched within days. The Ukrainian air force has claimed that it has brought down several Su-34 fighters in recent weeks. But most Ukrainian air defenses do not have the range to hit planes some 70 kilometers away. In the meantime, Ukrainian forces on the frontlines, especially in Donetsk, are exposed to a blitz of Russian air strikes - sometimes more than 100 in a day, according to the Ukrainian General Staff.

Persons: Joseph Trevithick, Stringer, ”, Yuri Ihnat, Justin Bronk, Ihnat, Su, Sergey Shoigu, Bronk, Volodymyr Zelensky Organizations: CNN, FAB, Getty, Airmobile Brigade, Royal United Services Institute, Bomber, Russian Defense Ministry, Russian, JSC Tactical Missiles Corporation, Ministry, US, Patriots, Ukrainian, Staff Locations: Russia, Soviet, Ukraine, Donetsk, AFP, Krasnohorivka, Avdiivka, Moscow, London, Anadolu, Kherson, Kharkiv, Ukrainian, Russian

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