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Officials are urging those who have been rescued from the floods not to return to their homes. Carlos Fabal/AFP/Getty ImagesA horse was found stranded on a rooftop in a flooded area in Brazil's Rio Grande do Sul on Wednesday, May 8. It had been stuck on the roof for four days surrounded by flood water in the municipality of Canoas in the Brazilian state Rio Grande do Sul. Agencia Brasil, the sate-run news agency, has reported the rescue of more than 2,000 animals since the floods impacted Rio Grande du Sol, including dogs, cats, chickens, and pigs. Cars are surrounded by flooded streets after heavy rain in Canoas, in Rio Grande do Sul state, on May 9, 2024.
Persons: INMET, Katiane Mello, James Vargas, Carlos Fabal, , Luiz Inácio Lula da Silva, El Niño, Carlos Macedo, Adriano Machado Organizations: CNN, Getty, Globo, Agencia Brasil, AP Brazilian Air Force Soldiers, Brasilia Air Force Base, Reuters Locations: Brazil, Rio Grande do Sul, Uruguay, Porto Alegre, Eldorado do Sul, AFP, Brazil's Rio Grande do Sul, Paulo’s, Canoas, Rio Grande, Sol, Pacific, Reuters Rio Grande do Sul
The “stretched” consumerBetter than expected quarterly earnings have helped propel the S&P 500 to within a whisker of a record high on Friday. But Wall Street and Washington are closely monitoring another worrying economic indicator: the struggling consumer. The split-screen view of the economy is becoming clearer as earnings season draws to a close. Mass-market brands, like the fast-food companies McDonald’s, KFC and Starbucks, have reported that a lot of customers are pulling back on spending as high inflation bites. This is “an economy of the haves and have-nots,” Michael Reid, an economist for RBC Capital Markets, told DealBook.
Persons: Biden, ” Michael Reid, DealBook Organizations: KFC, Starbucks, RBC Capital Markets Locations: Washington
CNN —More heavy rain is expected to pummel Brazil, as the South American nation grapples with the deadly fallout of last week’s extreme weather, which submerged whole neighborhoods. The heavy rains and floods have killed at least 107 people in Brazil’s Rio Grande do Sul since last week, the state’s civil defense agency said Thursday morning. Officials are urging those who have been rescued from the floods not to return to their homes, warning that more rain is in the forecast. “It is important to highlight that the predicted volumes of rain may cause new disruptions in areas already affected previously,” a statement from INMET read. The record rainfall hitting the region has been linked to El Niño, a natural climate phenomenon that warms waters in the Pacific and tends to bring heavy rainfall to southern Brazil.
Persons: INMET, El Niño, Elon Musk Organizations: CNN, SpaceX Locations: Brazil, American, Brazil’s Rio Grande do Sul, Rio Grande do Sul, Pacific, Uruguay
She is the porn star at the center of the criminal trial of Donald J. Trump whose name has been uttered by witness after witness. But up to now, Stormy Daniels has existed only in the imagination of the jurors who will decide Mr. Trump’s fate — a main character who is off to the side of the stage. That may be about to change. Ms. Daniels could take the stand to testify against Mr. Trump as early as this week. It would be their first face-to-face confrontation stemming from the revelation six years ago of the $130,000 hush-money agreement on the eve of the 2016 presidential election to buy her silence about a sexual encounter she says they had.
Persons: Donald J, Trump, Stormy Daniels, Daniels Organizations: Mr
When Donald J. Trump met Stormy Daniels, their flirtation seemed fleeting: He was a 60-year-old married mogul at the peak of reality television fame, and she was 27, not half his age, a Louisiana native raised in poverty and headed to porn-film stardom. But that chance encounter in Lake Tahoe, Nev., some two decades ago set off a chain of events that has brought the nation the first criminal trial of an American president. And on Tuesday, Ms. Daniels took the stand at that trial, bringing the former president face to face with the porn star at the case’s center.
Persons: Donald J, Trump, Stormy Daniels, Daniels Locations: Louisiana, Lake Tahoe, Nev
In today's big story, we're looking at people who feel like a middle-class salary doesn't equal a middle-class lifestyle . The big storyMiddle-class meltdownMichael Raines"Lately, I'm getting the feeling that I came in at the end. AdvertisementBusiness Insider's Jennifer Sor has a report on the people making over six figures who think the middle-class lifestyle they dreamed of isn't realistic for their salary . AdvertisementMarco Bottigelli/Getty, Yevgen Romanenko/Getty, Maskot/Getty, Tyler Le/BILet's address the elephant in the room: A six-figure salary is still a lot of money. Words like "AI Infrastructure" and "generative AI" point to more money heading to Nvidia for its popular H100 GPU chip.
Persons: , Michael Raines, I'm, It's, Tony Soprano bemoaned, Jennifer Sor, Vincent, it's, Marco Bottigelli, Yevgen Romanenko, Tyler Le, Jenny Chang, Rodriguez, Warren Buffett, Buffett, Shruti Gandhi, Dalton Caldwell, James Cham, Hemant Taneja, Jenny Lefcourt, Nick Little, Sam Altman, Alice Zhang, Serena Williams, Jack Dorsey, Dorsey, — Dorsey, Bluesky, Alyssa Powell, Katie Notopoulos, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, Business, Pew Research Center, nab, Adobe, Wall, Hamptons, Nvidia, Genomics, Serena Ventures, Fortune, Starbucks Locations: New York, Zillow, Santa Barbara , California, Berkshire, Bluesky, London, Chicago
“I noticed all my memories were really gambling related,” Malek explains to CNN Sport. So right where the AGA and the National Council for Problem Gambling is located – the nation’s capital – they abolished all public funds for problem gambling,” adds Whyte. Ramon Zelaya, the moderator of Reddit’s problem gambling forum, concurs. “I think the pace of innovation right now, particularly as it relates to fan engagement and betting, and in play betting and live betting will continue to increase,” said Maloney. Reportedly there were two specific games in which DraftKings Sportsbook flagged prop bets involving Porter in its daily betting insights.
Persons: CNN —, Saul Malek, he’d, , ” Malek, I’d, Malek, , Michael Reaves, Getty, Dominick Reuter, Joe Maloney, ” Maloney, ” Keith Whyte, Maloney, “ We’re, Al Bello, Whyte, “ We’ve, LeBron James ’, DraftKings, you’re, Greg Olsen, Jared C, Tilton, Adam Silver, Silver, Ramon Zelaya, ” Zelaya, “ I’ve, Sportradar, expained, Candice Ward, Reuters Maloney, Jontay Porter, Porter, “ It’s, Brian Sevald Organizations: CNN, CNN Sport, Gamblers Anonymous, Saturday’s Kentucky Derby, Kentucky Derby, Supreme, District of Columbia, Super, American Gaming, Monmouth, Getty, , Republicans, National Council, Belmont Park, ESPN, NCAA, NFL, NASCAR Hall of Fame, NBA, Reuters, Sporting, Toronto Raptors Locations: Saturday’s, Churchill, Nevada, Monmouth, Oceanport , New Jersey, AFP, America, New York, Belmont, District, , North Carolina
CNN —At least 29 people have been killed and a further 60 are missing as heavy rain and flooding hit the Brazilian state of Rio Grande do Sul this week. Residents and a dog are evacuated from a flooded area in the city center of São Sebastião do Cai, Rio Grande do Sul State, Brazil, on May 2, 2024. Rio Grande do Sul has been increasingly hit by extreme weather events in recent years. Volunteers use a fishing boat to rescue residents trapped inside their houses in São Sebastião do Cai, Rio Grande do Sul state. The proportion of high-intensity hurricanes, or tropical cyclones, has increased due to the warmer global temperatures, according to the UN.
Persons: Cai, Carlos Fabal, Luiz Inácio Lula da Silva, , , Eduardo Leite, Anselmo Cunha, Lizzy Yee, Omar Fajardo Organizations: CNN, Authorities, Getty, Volunteers, UN Locations: Rio Grande do Sul, Rio Grande do Sul State, Brazil, AFP, Dubai, Asia, Kenya, São
CNN —Four Americans are charged with possession of ammunition offenses in the tropical Atlantic getaway of Turks and Caicos, according to a post from the Turks and Caicos Islands Government. Carrying firearms in Turks and Caicos is prohibited, according to the TCI Government. Another man visiting Turks and Caicos from Pennsylvania is set to appear before a TCI court Friday on similar charges, according to CNN affiliate WPXI. Two additional Americans – a 31-year-old from Virginia and a 72-year-old from Texas – are also facing lengthy prison sentences for possessing ammunition, according to the TCI Government. Firearms, ammunition (including stray bullets), and other weapons are not permitted in the Turks and Caicos Islands (TCI).
Persons: Ryan Watson, Watson, Valerie, , Valerie Watson, , Bryan Hagerich, Hagerich, Ashley, ” Ashley, WPXI, ” Hagerich, CNN’s Michael Rios, Tanika Gray, Forrest Brown Organizations: CNN, Turks, Caicos, Caicos Islands Government, TCI Government, British Overseas Territory, Embassy, Howard Hamilton International Airport, TCI, TSA, Will Rogers, Airport, WPXI, , Transportation Security Administration, US State Department, British Overseas, State Department, United States, Firearms, Caicos Islands Locations: Caicos, Caicos Islands, Bahamas, Providenciales, Oklahoma, America, Oklahoma City, Turks, Pennsylvania, Virginia, Texas, United States, United
A defense lawyer for Donald J. Trump portrayed the lawyer who negotiated payoffs for two women who claimed to have had sex with Mr. Trump as a shady serial extortionist who has made a living trafficking in celebrity gossip and hush-money deals. During the cross-examination, the defense lawyer Emil Bove quickly sought to discredit Mr. Davidson. He accused him of toeing the line between seeking monetary settlements for his clients and extortion. And he warned Mr. Davidson that he was “not here to play lawyer games,” adding that he was seeking truthful answers. Mr. Davidson responded: “You are getting truthful answers, sir” — sarcastically stressing the last word.
Persons: Donald J, Trump, Keith Davidson, Emil Bove, Mr, Davidson, ” —
CNN —An attorney discipline judge in California has rejected a request from ex-Trump election lawyer John Eastman to reactivate his law license following her recent recommendation that he be disbarred, which rendered him unable to practice law for now. Judge Yvette Roland, who oversees state bar proceedings in California, recommended in March that Eastman be disbarred for his election subversion efforts. The California Supreme Court will ultimately decide whether to endorse or reject Roland’s recommendation to disbar Eastman. “Eastman failed to uphold his primary duty of honesty and breached his ethical obligations by presenting falsehoods to bolster his legal arguments,” Roland wrote in her opinion recommending he be disbarred. He also was indicted last month in Arizona in connection with efforts to overturn the 2020 election, along with more than a dozen other Trump allies, including Mark Meadows and Rudy Giuliani.
Persons: John Eastman, Eastman, Mike Pence, Yvette Roland, disbar Eastman, Roland’s, Donald Trump’s, “ Eastman, ” Roland, , Roland, disbarment, Matt Gaetz, Marjorie Taylor Greene, , Michael R, Mark Meadows, Rudy Giuliani Organizations: CNN, California Supreme, ” Politico, Trump Locations: California, Georgia, Arizona
CNN —Colombia says it will break diplomatic relations with Israel on Thursday over its actions in Gaza. Colombian President Gustavo Petro made the announcement at a rally at the Bolívar Square in Bogotá on Wednesday. Its devastating response has since killed more than 34,000 people, according to the Palestinian health ministry. Colombia's President Gustavo Petro at a rally in Bogota, Colombia, on May 1, 2024. Bolivia cut diplomatic ties with Israel last year, citing “crimes against humanity committed against the Palestinian people” in the wake of Israel’s war with Hamas.
Persons: Gustavo Petro, Petro, ” Israel, ” Katz, Luisa Gonzalez Organizations: CNN, Wednesday, Reuters CNN, Colombian Foreign Ministry, Israel, Hamas Locations: Colombia, Israel, Gaza, Colombian, Bogotá, Bogota, Bolivia
The tantalizing text message was sent by a lawyer for a former Playboy model to the editor of The National Enquirer. “I have blockbuster Trump story,” read the message sent in 2016 by the Los Angeles lawyer, Keith Davidson, who was on the witness stand as prosecutors posted it Tuesday morning for jurors at Donald J. Trump’s criminal trial. The editor, Dylan Howard, asked in response: “did he cheat.”The texts were an evocative beginning to testimony that laid bare the seamy ways celebrity scandal is leveraged and sold. In this case, it was a deal negotiated by Mr. Davidson for Karen McDougal, the model, who wanted to rejuvenate her career by leveraging her story of a romantic affair with Mr. Trump. She has said the liaison began in 2006 after he was already married to his current wife, Melania.
Persons: , , Keith Davidson, Donald J, Dylan Howard, Davidson, Karen McDougal, Trump, Melania Organizations: National Enquirer, Los, Mr Locations: Los Angeles
One women-focused nonprofit has launched a new way to help them get faster answers to their queries through the use of an online AI chatbot. The organization, Savvy Ladies, was founded more than 20 years ago by Stacy Francis, a certified financial planner and president and CEO of Francis Financial in New York City. After seeing her grandmother stay in an abusive situation because she lacked financial resources, Francis created the nonprofit with the goal of helping other women avoid similar situations. watch nowThe new chatbot — provided through Microsoft Copilot — allows visitors to the Savvy Ladies website to type in their financial questions and receive immediate answers curated from the website's content written by CFPs and other financial professionals. Investors are more likely to trust advice from generative AI tools than from social media, according to a survey released last year from the CFP Board, a professional organization representing professional financial planners.
Persons: Stacy Francis, Francis, CFPs, Judy Herbst, Michael Roberts, William H, Lawrence, Roberts Organizations: Francis Financial, Microsoft, CNBC's FA, Wharton School, University of Pennsylvania, CFP Locations: New York City, CNBC's
When Representative Hakeem Jeffries, the House Democratic leader, was in Munich in mid-February for the annual international security conference, Representative Michael R. Turner, the Ohio Republican and chairman of the Intelligence Committee, quietly sought him out with a request. Mr. Turner, according to those familiar with the private conversation, told Mr. Jeffries that he was committed to funding Ukraine’s war effort and believed that Speaker Mike Johnson would ultimately put an aid package on the floor, in defiance of right-wing Republicans opposed to doing so. Mr. Jeffries said he would take the idea under advisement. About 10 days later, after a Feb. 27 Oval Office session with President Biden and congressional leaders, Mr. Jeffries made his move. At a luncheon the next day at the Washington bureau of The New York Times, Mr. Jeffries responded to a question that he believed “a reasonable number” of Democrats would bail out Mr. Johnson if he put the aid package to a vote and faced ouster because of it.
Persons: Hakeem Jeffries, Michael R, Turner, Mr, Jeffries, Mike Johnson, Johnson, ultraconservatives, Kevin McCarthy, Biden Organizations: Democratic, Ohio Republican, Intelligence Committee, Republicans, The New York Times Locations: Munich, Washington
It was a world that David Pecker, the first witness called in Donald J. Trump’s criminal trial and the former publisher of The National Enquirer, once presided over. Mr. Trump, his old friend and associate, sat silently at the defense table as Mr. Pecker testified not only about their own dealings, but also about his brushes with other celebrities: Arnold Schwarzenegger. His testimony, over four days, evoked the sensational, transactional tactics of tabloid newspapers and magazines. But it was also particular to Mr. Pecker, who over two decades ran American Media Inc., the Enquirer’s parent company, commingling journalism and business interests to an extent that other executives had not in his slowly dying industry, according to people familiar with his career. Once called the “tabloid king,” Mr. Pecker, 72, had been written about often in his decades-long career, but he had never spoken so publicly about how he operated before taking the witness stand.
Persons: David Pecker, Donald J, Trump, Pecker, Arnold Schwarzenegger, Mark Wahlberg, Tiger Woods, ” Mr Organizations: National Enquirer, Media Inc
In the middle of the 2016 presidential campaign, Donald J. Trump called David Pecker, publisher of The National Enquirer. The candidate was seeking advice about a former Playboy model who was trying to sell her story of an affair with him, Mr. Pecker told jurors in Mr. Trump’s Manhattan criminal trial. Mr. Pecker suggested a way to silence the model, Karen McDougal. “I think that the story should be purchased,” he said he told Mr. Trump. Mr. Trump is charged with 34 counts of falsifying business records to cover up the Daniels payment as part of an effort to influence the election.
Persons: Donald J, Trump, David Pecker, Pecker, Trump’s, Karen McDougal, , , Ms, McDougal, Michael Cohen, Stormy Daniels, Daniels Organizations: National Enquirer, Playboy
Days before Donald J. Trump became president in early 2017, a handful of advisers, officials and allies descended on his office at Trump Tower: the F.B.I. The future president, triumphant, thanked Mr. Pecker for his service. That remarkable scene was private until Thursday, when Mr. Pecker recounted it to jurors in Mr. Trump’s Manhattan criminal trial. He described in vivid detail how Mr. Trump laid bare their effort to buy and bury damaging stories that could have derailed Mr. Trump’s campaign — a plot at the center of the case. “He said, ‘I want to thank you for handling the McDougal situation,’ and then he also said, ‘I wanted to thank you for the doorman situation,’” Mr. Pecker testified Thursday.
Persons: Donald J, Trump, , David Pecker, Karen McDougal, Mr, Pecker, Trump’s, , , McDougal, Organizations: Trump, National Enquirer
Stormy Daniels tried to benefit from Donald J. Trump’s political momentum in early 2016, setting off the saga that ultimately resulted in his criminal trial. Mr. Howard thought her story had little value because it had already been written about on a gossip site in 2011. At the time, she had publicly denied the encounter. A month before the presidential election, her story’s value suddenly increased. On Oct. 7, 2016, The Washington Post published a recording of Mr. Trump on the set of “Access Hollywood” talking about groping women.
Persons: Stormy Daniels, Donald J, Dylan Howard, Trump, Daniels, Howard Organizations: National Enquirer, Washington Post Locations: Lake Tahoe, Nev
Municipal governments across the United States are looking to rein in spending as pandemic-era stimulus dries up and inflation lingers for longer than expected. The group issued a AA investment grade general obligation bond rating for New York City in March 2024. The financial challenges within cities appear to be mounting despite high municipal credit ratings and robust demand for urban commodities like housing. "I think we can all agree that we're broke," said Houston Mayor John Whitmire in a March 2024 City Council budget hearing. Meanwhile, in the case of New York City, leaders remain optimistic about future returns.
Persons: Michael Rinaldi, Brad Lander, Sheila Weinberg, we're, Houston Mayor John Whitmire, Weinberg, We've, Lander, Eric Adams, Rinaldi, Adams Organizations: Fitch, AA, New, Truth, University of Denver, New York, Apple, Houston Mayor, Accounting, CNBC, Lander Locations: United States, U.S, New York City, Chicago, Houston, Portland , Oregon, New York
Dan Braido, Audley Wilson and Andy Siegel are the co-founders of RoboBurger, which makes vending machines that dispense customized burgers — a concept they call "the future of fast food." Yet by the end of the episode, O'Leary teamed up with a guest judge, Fanatics CEO Michael Rubin, to offer the RoboBurger founders $1.5 million. Seeking $1.5 million despite no profitsThe trio of founders brought a vending machine for the judges to try. RoboBurger's vending machine on display on the set of ABC's "Shark Tank." At the time of filming, RoboBurger had been in "beta testing" for 18 months, with more than 12,000 burgers sold, the founders said.
Persons: Dan Braido, Audley Wilson, Andy Siegel, Kevin O'Leary, O'Leary, Michael Rubin, Rubin, Cuban, Christopher Willard, hadn't, Siegel, RoboBurger didn't, RoboBurger, Wilson Organizations: RoboBurger, Disney, Sharks Locations: Jersey City , New Jersey
Mr. Cohen has said he acted at Mr. Trump’s direction, but the former president is not charged over the payment itself. If Mr. Trump testifies in his own defense, that could pit Mr. Cohen’s word against Mr. Trump’s — a he-said, he-said story, with two questionable narrators. Mr. Trump’s lawyers will seek to emphasize Mr. Cohen’s checkered past at every turn. And, on cross-examination, Mr. Trump’s lawyers are likely to portray Mr. Cohen as a serial liar with a grudge against his former boss. Mr. Pecker can support at least some of Mr. Cohen’s testimony about Mr. Trump’s involvement in the hush-money deals.
Persons: Donald J, Trump, Alvin L, Bragg, Michael D, Cohen, Stormy Daniels, Daniel J . Horwitz, Michael Cohen, ” Mr, Horwitz, Mary Altaffer, Daniels, Trump’s, Joshua Steinglass, Donald Trump, Mr, Steinglass’s, David Pecker, Hope Hicks, Pecker, Bragg’s, Karen McDougal, Marion Curtis, reimbursements, Allen H, Weisselberg, Steinglass, McDougal, Dave Sanders, The New York Times Susan Necheles, Cohen’s, President Trump, Madeleine Westerhout, , , ” William K, Rashbaum, Maggie Haberman, Jonathan Swan, Michael Rothfeld Organizations: Prosecutors, Mr, fixer, National Enquirer, Trump, Trump . Credit, The New York Times, American Media, Associated, Locations: New York, Manhattan, Trump ., America, Russia
“Catch-and-kill” is a term coined by old-time tabloid editors for buying the exclusive rights to stories, or “catching” them, for the specific purpose of ensuring the information never becomes public. Why would anyone want to spend money on a story that it never intends to publish? In the world of tabloid journalism, where ethical lines are blurry, deciding what to publish and why is often a calculus that covers favors doled out and chits called in. In 2003, Mr. Pecker’s company, American Media Inc., bought several muscle magazines founded by a mentor of Arnold Schwarzenegger, the bodybuilding legend and movie star. When Mr. Schwarzenegger, who was often featured in those magazines, jumped into the recall election to replace California’s governor, Mr. Pecker ordered his staff to buy up negative stories about him in order to protect his investment, former employees said.
Persons: , chits, David Pecker, Arnold Schwarzenegger, Schwarzenegger, Pecker Organizations: National Enquirer, American Media Inc
For Uber and Lyft drivers, time is money, so widely accessible charging is key to the EV switch. A study by the US Department of Energy found that 1,000 fast chargers were needed for every 20,000 EV drivers on the road. A mad dash for EV licensesThe transition is getting an early test this year now that thousands more ride-hailing drivers have licenses. AdvertisementIn October, the Taxi & Limousine Commission opened applications for this gig work for the first time in five years — but for EV drivers only. In exchange, Uber drivers will get up to a 25% discount when they charge.
Persons: Manhattan, Tesla, Eric Adams, Bobby Familiar, Revel, Michael Replogle, David Do, Aeraj Qazi, Qazi, Guillermo Fondeur, Uber, he's, Fondeur, Adams, EVs, Con Edison, Flo, Replogle, it's, Josh Gold, Uber's, that's, Do, we've, Juliana Kaplan Organizations: EV, US Department of Energy, Business, NYC's Department of Transportation, Chargers, Taxi, Limousine Commission, TLC, New York Taxi Workers Alliance, Rentals, Department of Transportation, DOT, LaGuardia Airport, Tesla, Gravity, Green, Initiative Locations: New York City, Queens, NYC, Canadian, Canada, EVs, Manhattan, America
Donald J. Trump and two confidants hatched a plan in August 2015 to boost his upstart presidential campaign, prosecutors say. They carried it out, and Mr. Trump won the election. Nearly nine years later, Mr. Trump will face the same men, Michael Cohen and David Pecker. Mr. Trump is charged in a 34-count indictment with falsifying business records to cover up a $130,000 hush-money payment to a former porn star in order to influence the 2016 election. Mr. Cohen paid the woman, Stormy Daniels, less than two weeks before the election to keep silent about her claim that she had sex with Mr. Trump a decade before.
Persons: Donald J, Trump, Michael Cohen, David Pecker, won’t, Trump’s, Cohen, Stormy Daniels Organizations: Trump Locations: Lower Manhattan
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