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☆ Dollar set for weekly drop on U.S. slowdown signs
▼ + stars: | 2024-05-17 | by ( ) www.cnbc.com time to read: +2 min

The dollar headed for its largest weekly fall versus the euro in two-and-a-half months on Friday as signs of cooling inflation and a softening U.S. economy raised the prospect of rate cuts. The dollar headed for its largest weekly fall versus the euro in two-and-a-half months on Friday as signs of cooling inflation and a softening U.S. economy raised the prospect of rate cuts. The euro is up 0.9% on the dollar this week, has broken above resistance around $1.0855 and traded as high as $1.0895 in the wake of U.S. inflation posting a slowdown. "(Besides inflation) a lot of activity data has been cooling off," said Westpac strategist Imre Speizer, contributing to selling of the dollar. The New Zealand dollar was last steady at $0.6120 with traders looking ahead to next week's central bank meeting, where the official cash rate is expected to stay at 5.5%.

Persons: Imre Speizer, Sterling Organizations: Federal, Westpac, New, U.S, Aussie, New Zealand Locations: New Zealand

☆ King Charles' first official portrait is dividing the art world
▼ + stars: | 2024-05-16 | by ( Maria Noyen | ) www.businessinsider.com time to read: +6 min

Read previewIf King Charles had high hopes for how the world would react to his first official portrait, they might be dashed by now. King Charles and Jonathan Yeo met four times between 2021 and 2023 for the painting. AdvertisementIts red color is particularly evocative, Khan added. Jonathan Yeo was a 'safe choice' for a royal portrait, one critic saidKhan said he's fairly confident that drawing links to the royal family's murky past with colonialism wasn't on Yeo's agenda. AdvertisementKhan, the London-based critic, admitted that he likes at least one element of the royal portrait.

Persons: —, King Charles, Jonathan Yeo, AARON CHOWN, Queen Camilla, Yeo, Tabish Khan, Khan, he's, it's, Stanley Kubrick's, wasn't, Jonathan, Charles, There's, Richard Morris, Morris, Henry VIII, Philip Mould, HENRY NICHOLLS Organizations: Service, Business, Getty, Rhode Island School of Design Locations: British, Buckingham, Washington, London

☆ Texas Governor Pardons Man in Fatal Shooting of Protester in 2020
▼ + stars: | 2024-05-16 | by ( J. David Goodman | ) www.nytimes.com time to read: +1 min

Greg Abbott of Texas on Thursday pardoned a man who was convicted of fatally shooting a protester during a Black Lives Matter demonstration in the summer of 2020, fulfilling a promise he made last year amid pressure from conservatives. The decision immediately followed a pardon recommendation from the state’s Board of Pardons and Paroles, whose members are appointed by the governor. Lawyers for the man, Daniel S. Perry, argued that he had acted in self-defense against the protester, who was carrying an AK-47-style rifle. Mr. Perry was sentenced to 25 years in prison in an emotional hearing last year in which prosecutors presented evidence of racist online comments he had made and said that psychological experts had found him to be “basically a loaded gun.” As the pardons board considered the case, lawyers with the Travis County district attorney, José Garza, met with the board to argue against a pardon. Under Texas law, a recommendation from the board is necessary before the governor can grant a pardon.

Persons: Greg Abbott of, Paroles, Daniel S, Perry, José Garza Organizations: state’s, AK Locations: Greg Abbott of Texas, Travis County, Texas

☆ The Dow just hit 40,000. Here's a look at how it got here
▼ + stars: | 2024-05-16 | by ( Fred Imbert | ) www.cnbc.com time to read: +1 min

The Dow first closed above 20,000 in early 2017, as investors began pricing in lower corporate taxes in the U.S. under former President Donald Trump. However, the Dow struggled in 2018 after the excitement around lower taxes faded, with trade tensions between China and the U.S. rising and the Federal Reserve raising interest rates. In 2019, the stock market recovered as the Fed pivoted away from raising rates. By early 2020, the Dow was nearing 30,000 — reaching a high of 29,551.42 on Feb. 12, 2020. The Dow tumbled 38% from its February 2020 intraday peak to a low of 18,213.65 in March 2020.

Persons: It's, Donald Trump, Dow, — CNBC's Gabriel Cortés Organizations: Dow, Federal Reserve, Fed Locations: U.S, China

☆ Opinion | When Donald Trump Met Hannibal Lecter
▼ + stars: | 2024-05-16 | by ( Frank Bruni | ) www.nytimes.com time to read: +1 min

How many of your acquaintances have been eaten by an immigrant who crossed the U.S. border illegally? I’m going to go out on a limb — the botanical kind, not the sort that a cannibal might call dinner — and guess zero. I’m also going to guess that a few of you are wondering if I’ve lost my mind. Donald Trump is the one who should be drawing your concern. Hannibal the Cannibal.

Persons: I’m, I’ve, Donald Trump, Trump, Hannibal Lecter, Hannibal, ”, Anthony Hopkins, Oscar Organizations: Lambs Locations: U.S, Wildwood , N.J, a.k.a

☆ I left JPMorgan and escaped the 'golden handcuffs.' I have no regrets.
▼ + stars: | 2024-05-16 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +6 min

I started working in a towering office building in London, and I felt completely out of my depth. In 2016, I was about to move into an area I didn't want to work in when JPMorgan headhunted me. I had been stuck in golden handcuffs, but I was lucky that I didn't have some of the financial pressures other people have, like children. But I get much more of a sense of purpose from my work and feel like I am supporting people. If you left a high-paying career and would like to share your story, email Ella Hopkins at ehopkins@businessinsider.com.

Persons: —, Lucy Puttergill, It's, JPMorgan headhunted, I'd, I've, weren't, Gabor Mate, Ella Hopkins Organizations: Service, JPMorgan, Citi, Business, impressiveness, Mexico City Locations: South Africa, London, Italy, South America, Mexico, Cape Town , South Africa, ehopkins@businessinsider.com

☆ When my husband and I started working together, I was nervous. But it has only helped our relationship.
▼ + stars: | 2024-05-16 | by ( Ashley Archambault | ) www.businessinsider.com time to read: +4 min

We didn't begin dating until I was at a different school, which made the possibility of asking him out and being shot down less awkward. Witnessing how hard he's working at school makes me feel so grateful that he's working that hard for his family. While I was worried that working with my husband might cause friction, it has actually strengthened our relationship. In addition to having a great deal of respect for each other, seeing him at work reminds me of seeing him at work for the very first time. Working with him reminds me of our whole love story — from the very beginning until where we are today.

Persons: I've, we're, —, hasn't, it's, It's, we've

☆ The US Secretary of State gave a war-time rock performance at a bar in Kyiv, leaving some Ukrainians scratching their heads
▼ + stars: | 2024-05-16 | by ( Matthew Loh | ) www.businessinsider.com time to read: +7 min

Slinging a crimson electric guitar onto his shoulder, Blinken told the crowd he knew they were facing a "really, really difficult time." So much of the world is with you and they're fighting not just for a free Ukraine, but for the free world. "For ten years, we've been explaining to the free world that we are defending it too," he wrote. Residents self-evacuate from a multi-story residential building hit by a Russian UMPB D-30 glide bomb on May 14, 2024 in Kharkiv, Ukraine. The lyrics of "Rockin' in the Free World" are often seen as a criticism of American patriotism and George H.W.

Persons: —, Antony Blinken, Neil Young's, Blinken, Ukraine, Antony, Muddy Waters, Bohdan Yaremenko, Trump, he's, we've, Oleg Simoroz, Valeriy, it's, Matviyenko, Yevhen, Oleksandr Syrskyi, Illia Ponomarenko, George H.W, Bush, Donald Trump, Sen, Bernie Sanders, Biden Organizations: Service, Business, U.S, US State Department, Blinken, Music Diplomacy Initiative, Facebook, AFP, Ukrainian NGO Agency, Getty Images, Ukrainian, Ukrainian Armed Forces, Kyiv, Guardian, Los Angeles Times, Soviet Union, State Department Locations: Kyiv, Ukraine, Russian, Kharkiv, United States, Muddy, Ukrainian, Russia, KABs, Sumy, Getty Images Russia, Polina, Soviet

☆ A former Facebook director says managers need to kill the weekly 1:1 meeting. Here's why.
▼ + stars: | 2024-05-16 | by ( Tim Paradis | ) www.businessinsider.com time to read: +4 min

Read previewA former Facebook director thinks the weekly 1:1 meeting with your manager needs a reboot. AdvertisementAgarwal suggested bosses give feedback every three to six months rather than weekly. But it's what "good" managers did," Agarwal wrote of the weekly appointments. Instead, Agarwal suggested that bosses should save themselves and their direct reports' time to focus on getting work done and making the company successful. Weekly 1:1s undermine this," he wrote.

Persons: —, Aditya Agarwal, Agarwal, He's, Facebook's, Aditya Agarwal Steven G, Rogelberg, doesn't, what's Organizations: Service, Business, South Park, University of North Locations: University of North Carolina, Charlotte

☆ A couple opened up their marriage after a decade. The wife lost weight, the husband tackled his alcohol addiction — and they wanted to explore.
▼ + stars: | 2024-05-16 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +6 min

Read previewKarl Haycock and Nashelly Alba Romo have been together for 12 years and married for 10. AdvertisementThey made some big changes before they were confident enough to open up their marriageHaycock and Alba Romo at their wedding in 2014. AdvertisementHaycock and Alba Romo after losing weight and tackling an alcohol addiction. Haycock and Alba Romo think opening up their marriage has made it strongerThe couple think they would've opened their marriage up even if they hadn't lost weight and gotten sober. Alba Romo concurred: "Karl and I are together not because we are married but because we choose to be together every day.

Persons: —, Karl Haycock, Nashelly Alba Romo, they've, Alba Romo, Haycock, Karl, didn't, Alba, It's, it's, we're Organizations: Service, Business, Alba Romo, Alba Romo isn't Locations: Oakland , California, Cambridge , Massachusetts, Ireland, Mexico, Madrid

☆ Hochul Meets the Pope, and Reflects on Her Father and Irish Catholicism
▼ + stars: | 2024-05-16 | by ( Claire Fahy | ) www.nytimes.com time to read: +1 min

Kathy Hochul of New York waited for Pope Francis in Clementine Hall, an ornate room with marble walls and frescoed ceilings in the Vatican’s papal apartments, her thoughts drifted to her father. Ms. Hochul was last in Rome seven years ago with her father, who was celebrating his 80th birthday. He passed away suddenly in October, while the governor was on another diplomatic trip abroad, visiting Israel. “It was a profound experience for me, sitting there reflecting on my family’s teachings,” Ms. Hochul said on Thursday. It was the second such trip taken by a New York leader in a week: Mayor Eric Adams of New York City met with the pope on Saturday.

Persons: Kathy Hochul, Pope Francis, Clementine Hall, Ms, Hochul, ” Ms, “, Eric Adams Organizations: Catholic, New Locations: New, Rome, Israel, Italy, New York, New York City

☆ Exclusive satellite images show destroyed Russian jets and building at Crimean airbase
▼ + stars: | 2024-05-16 | by ( Paul P. Murphy | Helen Regan | ) edition.cnn.com time to read: +6 min

CNN —Satellite images exclusively obtained by CNN show three destroyed Russian jets and damaged buildings at Belbek airbase in occupied port city of Sevastopol on Wednesday. Satellite images exclusive to CNN show destroyed jets and building at Belbek Airbase in Crimea on May 15, 2024. Satellite image ©2024 Maxar TechnologiesSatellite images exclusive to CNN show destroyed jets and building at Belbek Airbase in Crimea on May 15, 2024. Satellite images exclusive to CNN show destroyed jets and building at Belbek Airbase in Crimea on May 15, 2024. Satellite image ©2024 Maxar TechnologiesSatellite images exclusive to CNN show destroyed jets and building at Belbek Airbase in Crimea on May 15, 2024.

Persons: Mikhail Razvozhaev, “, ” Razvozhaev, Belbek, Dmytro Pletenchuk, ”, Volodymyr Zelensky, don’t, Christopher Cavoli, ” Zelensky, Vladimir Putin, Xi Jinping Organizations: CNN, Ukrainian, ” CNN, Black, NATO, Allied Locations: Sevastopol, Crimea, Russia, Belbek, Russian, Belbek Airbase, Ukrainian, Atesh, Moscow, Ukraine, Azov, Kharkiv, Vovchansk, Ukraine’s, Brussels, Beijing, China

☆ Biden’s trade chief walks back comments contradicting Biden on tariffs and inflation
▼ + stars: | 2024-05-16 | by ( Matt Egan | Kayla Tausche | ) edition.cnn.com time to read: +8 min

Research shows that former President Donald Trump’s tariffs on China did indeed raise prices on consumers and businesses — despite his claims otherwise. The study found tariffs imposed by former President Donald Trump did not meaningfully contribute to inflation. “The new Biden tariffs, like the more extensive ones that Trump has promised, will worsen US inflation. It is fair to debate how much the Biden tariffs will impact inflation because they are not nearly as widespread as what Trump imposed and what Trump is promising if he’s reelected. Trump enacted sweeping tariffs on $300 billion in Chinese imports, setting off a trade war between the world’s two biggest economies.

Persons: Katherine Tai, Joe Biden’s, ” Tai, —, Donald Trump’s, Tai, Angela Perez, Donald Trump, Goldman Sachs, Tai’s, “ Trump, ” Biden, “, Alex Durante, Tai’s “, Maury Obstfeld, Biden, ”, Trump, he’s, ” Perez, White, Morgan, Daleep Singh, Jen Psaki, Jared Polis, ” Polis, Ed Mills, Raymond James, David Kelly, ” Kelly Organizations: New, New York CNN, US, White, Research, CNN, US International Trade Commission, “, China, Tax, Obama, Peterson Institute for International Economics, Biden, Atlantic Council, Bretton, Committee, ”, Colorado Gov, Republicans, Asset Management Locations: New York, China, Ukraine, EVs, Europe

☆ Ukraine war live updates: Putin heaps praise on Xi while in China; Russia says forces advancing 'in all directions' in Ukraine
▼ + stars: | 2024-05-16 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

Russia's national flag flies beside the Chinese flag in front of Tiananmen Gate next to Tiananmen Square, during the state visit of Russia's president Vladimir Putin in Beijing on May 16, 2024. Leaders Xi Jinping and Vladimir Putin framed their nations' ties as a stabilizing force in a chaotic world as they met May 16 in Beijing, where the Russian president is seeking greater Chinese support for his war effort in Ukraine and isolated economy. Russian President Vladimir Putin heaped praise on his Chinese counterpart Xi Jinping at the start of a two-day state visit to China. He said both countries were working for a "multipolar world" and that many of their approaches to global or regional problems were similar. Putin thanked China for its efforts in trying to solve the Ukraine "crisis" and said he would brief Xi on the battlefield situation, with Russia claiming that its forces are advancing in all directions in Ukraine.

Persons: Vladimir Putin, Xi Jinping, Putin Organizations: Russia's Defense Locations: Beijing, Ukraine, Russian, China, Russia, Ukraine's Kharkiv, Robotyne, Zaporizhzhia

☆ MrBeast has broken the curse of influencer success
▼ + stars: | 2024-05-16 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +8 min

AdvertisementSome attribute it to dumb luck, but others think Jimmy "MrBeast" Donaldson has changed content creation forever and set a new standard for what content creators can aspire to. Importantly, he is changing how influencers are viewed by traditional media. Jamie Nudelman, a social media growth expert at the digital marketing consultancy Viral Marketing Stars, told Business Insider that Donaldson has become "more powerful than traditional media." Advertisement"Truthfully, Amazon Prime needs MrBeast more than MrBeast needs Amazon Prime," he said. "Most content creators ride on a trend and then get stuck in it," Nudelman said.

Persons: —, Jimmy, MrBeast, Donaldson, MrBeast Donaldson, YouTube's, Jamie Nudelman, Justin Bieber, Liza Koshy, Bo Burnham, Rachel Pedersen, James Charles, Shane Dawson, Jaclyn Hill, Nudelman, It's, influencers, Pedersen, Liz Germain, Germain, Donaldson obsesses, it's, he's Organizations: Service, Business, Amazon Prime, Amazon, Jeffree, Super Locations: tatters

☆ Xi welcomes Putin to China as both leaders seek to bolster strategic ties
▼ + stars: | 2024-05-16 | by ( Sumathi Bala | ) www.cnbc.com time to read: +1 min

Chinese leader Xi Jinping welcomed Russian President Vladimir Putin in Beijing on May 16, 2024 as both countries seek to bolster their strategic relationship. Seen here is a file photo of the two men when they met in Beijing on Oct. 18, 2023. Chinese leader Xi Jinping welcomed Russian President Vladimir Putin in Beijing on Thursday as both countries seek to bolster their strategic relationship. In an interview with state-media Xinhua published ahead of the visit, Putin said trade volume between the two countries reached $227.8 billion last year from $111 billion in 2019. "The current bilateral trade volume is about 20 trillion rubles, or nearly 1.6 trillion yuan," he noted.

Persons: Xi Jinping, Vladimir Putin, Putin's, Xi, Putin Organizations: Xinhua Locations: Beijing, China, Russian, U.S . China, Ukraine, Washington, Moscow

☆ Arab League Calls for U.N. Peacekeepers in Gaza and the West Bank
▼ + stars: | 2024-05-16 | by ( Anushka Patil | Farnaz Fassihi | ) www.nytimes.com time to read: +1 min

The Arab League called on Thursday for a United Nations peacekeeping force to be deployed in the Gaza Strip and the Israeli-occupied West Bank until a two-state solution can be negotiated, in a statement that also called for the U.N. Security Council to set a time limit for that political process. The notion of deploying U.N. peacekeepers into the Israeli-Palestinian conflicthas been mentioned occasionally by diplomats. It’s unlikely that U.N. peacekeepers would be deployed to Gaza and the West Bank in the near future because sending U.N. peacekeepers into any conflict requires first the authorization of the Council. “We don’t go into active combat, and parties themselves have to agree on allowing the presence of peacekeepers. In addition to calling for an immediate cease-fire and accusing Israel of obstructing those efforts, the Arab League called for “the deployment of United Nations international protection and peacekeeping forces in the occupied Palestinian territory until the two-state solution is implemented.”

Persons: Farhan Haq, Mr, Haq, don’t, Israel, ” Organizations: United Nations, West Bank, . Security, League Locations: Gaza, Palestinian, Israel, Manama, Bahrain

☆ U.S. questions China's no-first-use nuclear call given buildup
▼ + stars: | 2024-05-16 | by ( ) www.cnbc.com time to read: +3 min

Referring also to Russia, Jenkins said China's nuclear buildup "raises the specter that United States may soon face two expansionary and significantly nuclear-armed peers." "Beijing's development of a larger, more diverse nuclear arsenal is deeply concerning, and raises questions about the trajectory of the PRC nuclear weapons program," she said. Jenkins was asked about China's call in February for states with the largest nuclear arsenals to negotiate a treaty on no-first-use of nuclear weapons against each other or to make a political statement in this regard. She said it was the first time the U.S. had heard such a proposal from China, underscoring the need for nuclear talks. "Our questions are, quite frankly, how does an idea for no-first-use really fit within their ongoing process of building up nuclear weapons?

Persons: Bonnie Jenkins, Jenkins, specter, hadn't Organizations: Senate Foreign Relations Locations: China, Washington, U.S, People's Republic of China, Russia, States

While he suffered in wet running shoes all day, a few of the guides around him were wearing Teva sandals. In the last 30 years, Paigen's take on the sport sandal, Chaco, has become a cult favorite among outdoor adventurers worldwide. With the sandal design finalized, all that was left to decide was a name. AdvertisementTaking a closer look at the Chaco Z/1 Classic SandalChaco now sells many different sandal styles. For years I was firmly against wearing sandals, but I've softened my stance recently.

Persons: Mark Paigen, Paigen's, Paigen, I've, I'm, Chacos, — Sally Kaplan, they'd, Lavender, couldn't, Connie Chen, Chaco, — Breton Fischetti, REI Organizations: Business, Wolverine Worldwide, Urban Outfitters, Commerce Urban, Amazon, Nordstrom, Nike Locations: Colorado, Chaco, New York, —

☆ Sam Altman didn't eat or sleep much during his ousting, so he celebrated his return with 4 entrées and 2 milkshakes
▼ + stars: | 2024-05-16 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

Read previewAs the CEO of OpenAI, the last couple of years have been a whirlwind for Sam Altman. He's met with world leaders, feuded with Elon Musk, joined the billionaire club, and was fired from the company he cofounded before quickly securing his return. Within a day of his ousting, Altman said he received 10 to 20 texts from presidents and prime ministers around the world. "It was just like weird," Altman told podcast host Logan Bartlett. "Then it hit me that like, oh yeah, like all of these people had texted me and it wasn't weird," Altman said.

Persons: —, Sam Altman, Altman, He's, Elon Musk, Logan Bartlett, OpenAI —, he's Organizations: Service, OpenAI, Business Locations: Napa

☆ Columbia University president hit with no-confidence vote from faculty group over handling of pro-Palestinian campus protests
▼ + stars: | 2024-05-16 | by ( Alisha Ebrahimji | ) edition.cnn.com time to read: +12 min

Columbia cited security concerns in canceling the large event, a school official told CNN, and instead is holding smaller ones. “Canceling the traditional commencement ceremony was one of the toughest calls in a year of many tough calls,” Shafik wrote in an op-ed in the Columbia Daily Spectator, noting her top priority has been the safety of students, faculty and staff. Fifty people were arrested, and police began the booking process onsite, university spokesperson Tom Vasich said in an email. Pro-Palestinian protesters had set up a campus encampment on April 29, when the university also called in local law enforcement. “This is not protest, this is pure hate.”The building’s takeover came a day after the UCB Divest Coalition agreed to end its campus encampment following discussions with university leadership.

Persons: Minouche Shafik, “, Shafik “, Ben Chang, Shafik, ”, ” Shafik, Tom Vasich, ” Vasich, Vasich, Anna, Dan Mogulof, Nazism ”, David, Mogulof, Santiago Mejia, ” Carol Christ, Jagdeep Singh Bachher, Ana Mari Cauce, ” Cauce, David Ryder David Ryder, ’, Russell Dorn, Robert Manuel, ” Manuel, Manuel, –, ” Benjamin Meyer, Morehouse, Joe Biden’s, David A, Thomas, CNN’s Victor Blackwell, Amanda Musa, Matt Egan, Julia Vargas Jones, Andy Rose, Chris Boyette, Melissa Alonso Organizations: CNN — Pro, Columbia University, Ivy League school’s, New York, CNN, Barnard College, American Association of University Professors, –, Columbia Daily Spectator, UC Irvine, University of California, Irvine Police Department, Orange County Sheriff’s Department, Authorities, KABC, UC Berkeley, Pro, KGO, Jewish Community Relations, Nazism, UCB, UC Berkeley’s, Palestine, San Francisco, Getty, UC Regents, UC, Regents, University of Washington, Seattle, Wednesday, REUTERS, Reuters, University, ” DePaul University, Police, DePaul University in, WLS, DePaul, ” University, Coalition, ” Morehouse, Morehouse College’s, White House, White Locations: Israel, Gaza, Shafik, Columbia, Irvine, Orange, Berkeley, Merced, Seattle, DePaul University in Chicago, Atlanta

☆ Harrison Butker speech: The biggest mistake he made in his controversial commencement comments
▼ + stars: | 2024-05-16 | by ( Aj Willingham | ) edition.cnn.com time to read: +10 min

CNN —The NFL is distancing itself from controversial comments by Kansas City Chiefs kicker Harrison Butker during a recent commencement address. However, plenty of women (and Taylor Swift fans) have made their feelings plainly known. Harrison Butker of the Kansas City Chiefs speaks to the media ahead of Super Bowl LVIII on February 5, 2024, in Las Vegas. Conservative voices have praised Butker’s speech for being “100% correct” and for reflecting his self-professed deep Catholic faith. Feminists and Taylor Swift fans have fired backButker, 28, has been with the Chiefs for seven seasons.

Persons: Harrison Butker, Butker, –, Taylor Swift, “ Harrison Butker, ”, Jonathan Beane, “, —, ” Butker, Isabelle, Robin Alam, Sam McDowell, Swift, Travis Kelce, Taylor, ’ ” Butker, Travis, ” Taylor Swift, Ezra Shaw, Harrison, I’ll, influencers, Elizabeth Keller Butker, Emory University’s, Vicki Chan, Kelce, Roger Goodell, Lisa Guerrero, • Butker, Joe Biden, Andrea Williams, Patrick Mahomes, “ Harrison Butker doesn’t, doesn’t, Yvette Walker, CNN’s Kevin Dotson Organizations: CNN, Kansas City Chiefs, Pride, Benedictine College, NFL, Chiefs, Super Bowl, Kansas City Star, Conservative, San Francisco 49ers, Getty, Emory, Emory University’s Winship Cancer Institute, Smith College, Football, Catholic, America Locations: Atchison , Kansas, Las Vegas, Atlanta, Massachusetts

☆ Opinion: In Trump Trial, Stormy Daniels testimony was revealing — about America
▼ + stars: | 2024-05-16 | by ( Opinion Danielle Campoamor | ) edition.cnn.com time to read: +6 min

For two days in Manhattan, Stephanie Gregory Clifford — better known as Stormy Daniels — detailed her connection to former President Donald Trump and alleged sexual encounter with him in 2006. But it matters that the media decided to erroneously describe a grown woman openly discussing an alleged sexual encounter with a grown man as obscene. The words used to characterize Daniels’ testimony evoke a feeling of inherent wrongness or dirtiness — and not on the part of the accused but of the woman who dared to speak up. While the Manhattan criminal case is not directly tied to Trump’s alleged encounter with Daniels, the details of their brief alleged tryst are crucial to the prosecution’s case. In a 2018 interview with CNN’s Anderson Cooper, she described her alleged sexual encounter with Trump as consensual.

Persons: Danielle Campoamor, Stephanie Gregory Clifford —, Stormy Daniels, Donald Trump, Danielle Campoamor Ashley Batz, Daniels, “, tawdry, Trump’s, Trump, Jean Carroll, —, Eric, ”, CNN’s Anderson Cooper, I’ve Organizations: NBC, CNN, Republican, Trump, Twitter, Facebook Locations: Manhattan, Nevada, ”

☆ These Dow stocks are cheap and have more upside as index reaches key milestone
▼ + stars: | 2024-05-16 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

The Dow Jones Industrial Average reached the 40,000 milestone level , but investors can still find inexpensive growth opportunities in the index. Shares currently have a forward P/E of 12.6, versus the stock's average five-year P/E of 17.8. The consensus price target on the stock indicates 14.2% upside from Wednesday's close. The stock's current forward P/E is at 27.6, slightly lower than its 5-year average of 32.1. Shares are trading at a 25.3 forward P/E ratio, relative to the 28.2 five-year average P/E ratio.

Persons: Dow, Piper Sandler, DA Davidson, Johnson, McDonald's, —, Fred Imbert Organizations: Dow Jones, CNBC, Deutsche Bank, Amazon, Dow, Chevron, Exxon, Hess, Visa, Walmart, Management, Verizon, Johnson Locations: headwinds, Guyana

☆ Jake Sullivan met in-person with representatives of countries whose citizens Hamas took hostage
▼ + stars: | 2024-05-16 | by ( Mj Lee | Kylie Atwood | ) edition.cnn.com time to read: +4 min

Washington CNN —President Joe Biden’s national security adviser Jake Sullivan convened for the first time this week an in-person meeting of ambassadors and chiefs of mission representing countries whose citizens were taken hostage by Hamas on October 7, CNN has learned, as a ceasefire and hostages release deal remains stalled. Those 17 countries, along with the United States, have citizens whom Hamas took captive at the outbreak of the Israel-Hamas war. The meeting comes at a critical moment when the efforts to secure the release of hostages and Gaza ceasefire appear to have stalled once again. Multiple US diplomats have told CNN in recent weeks that they are consistently hearing those concerns from their counterparts abroad. Still, the White House has also been clear that the US remains a steadfast supporter of Israel, including its right to defend itself.

Persons: Joe Biden’s, Jake Sullivan, Sullivan, Israel, “, ” Sullivan, Biden, ”, CNN’s Erin Burnett Organizations: Washington CNN, CNN, Hamas, Qatar –, United Nations, Israel, White Locations: Argentina, Austria, Brazil, Bulgaria, Canada, Colombia, Denmark, France, Germany, Hungary, Poland, Portugal, Romania, Serbia, Spain, Thailand, United Kingdom, United States, Israel, Gaza, Egypt, Qatar, Rafah

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