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President Biden has asserted executive privilege to deny House Republicans access to recordings of his interview with a special counsel investigating his handling of government documents, Justice Department officials and the White House counsel said on Thursday. The move is intended to shield Attorney General Merrick B. Garland from prosecution if House Republicans succeed in their effort to hold him in contempt for refusing to turn over audio of Mr. Biden’s conversations with the special counsel, Robert K. Hur. The move is certain to draw the ire of former President Donald J. Trump and his allies, but it is in keeping with the practice of his administration and that of his predecessor, President Barack Obama. The Justice Department cited executive privilege in opting not to pursue charges against two of Mr. Garland’s predecessors when they were held in contempt: Eric H. Holder Jr., a Democrat, in 2012 and William P. Barr, a Republican, in 2020. “It is the longstanding position of the executive branch held by administrations of both parties that an official who asserts the president’s claim of executive privilege cannot be prosecuted for criminal contempt of Congress,” Carlos F. Uriarte, the assistant attorney general for legislative affairs, wrote in a letter to Representative Jim Jordan of Ohio, who leads the House Judiciary Committee, and Representative James R. Comer of Kentucky, who leads the Oversight Committee.
Persons: Biden, General Merrick B, Garland, Robert K, Hur, Donald J, Trump, Barack Obama, Eric H, Holder Jr, William P, Barr, ” Carlos F, Jim Jordan of, James R, Comer Organizations: Justice Department, White, Republicans, The, Democrat, Republican, Committee Locations: Jim Jordan of Ohio, Comer of Kentucky
CNN —House Republicans will take their first step towards holding Attorney General Merrick Garland in contempt of Congress on Thursday for refusing to turn over the audio recordings of special counsel Robert Hur’s interviews with President Joe Biden. The House Oversight and Judiciary committees will each hold markups on their respective reports recommending a contempt of Congress resolution against Garland for failing to comply with a congressional subpoena. If passed out of the committees, the resolutions would next go to the House floor for a vote by the whole chamber. While Hur’s probe led to no charges against the president, Republicans have seized on Hur’s description of Biden as a “well-meaning, elderly man with a poor memory” in his final report. DOJ has also outlined distinct privacy concerns related to an audio recording of an interview compared to a written transcript, and how the release of such an audio file could dissuade cooperation from future witnesses in criminal investigations.
Persons: General Merrick Garland, Robert Hur’s, Joe Biden, Garland, Hur, Biden, Mark Zwonitzer, Carlos Uriarte, ” Uriarte, , , Donald Trump Organizations: CNN — House Republicans, of Justice, Republicans, CNN, DOJ, House Republicans, Republican, ” Republicans Locations: New York City
Market talk : The S & P 500 and Nasdaq jumped to new intraday highs Wednesday, extending the gains from the prior session's late-day rally. In fact, the S & P 500 broke above 5,300 for the first time ever. The one thing we're staying guarded about in this rally is how overbought the stock market has become. You have to go back to last December to find a time when the S & P 500 Short Range Oscillator was this overbought. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
Persons: Jim Cramer, Dow, Jan, Danaher, prudently, Cramer, we're, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Bank of America Healthcare, Disney, Cisco Systems, Walmart, Deere, Baidu, Jim Cramer's Charitable Locations: China
CNN —The House has passed a major federal aviation bill that aims to improve aviation safety, enhance protections for passengers and airline workers and invest in airport and air travel infrastructure nationwide. The bill renewing the Federal Aviation Administration’s authority for five years will next head to President Joe Biden to be signed into law. Setting a standard for travel creditsUnder the bill, travel credits issued by airlines in lieu of refunds would have to be useable for at least five years. Increasing cockpit voice recordingCommercial aircraft would have to carry 25-hour cockpit voice recorders under the legislation. The cockpit voice recorder is one of the two black boxes and is currently only required to capture two hours of sound from the cockpit.
Persons: Joe Biden, John F, Republican Sen, Josh Hawley of, Democratic Sen, Elizabeth Warren of Organizations: CNN, Federal Aviation, FAA, National Transportation Safety, Reagan National Airport, American Airlines, Delta Air Lines, Department of Transportation, Republican, Democratic, Transportation, Administration, NTSB Locations: Washington, Kennedy, New York City, Josh Hawley of Missouri, Elizabeth Warren of Massachusetts
Mr. Cohen said that, according to Mr. Trump, she recommended calling it “locker-room talk” to explain it away. Mr. Cohen brought many of those moments to life, describing Mr. Trump’s micromanagement and his campaign’s panic after the release of the “Access Hollywood” tape. Mr. Cohen also bolstered testimony by David Pecker, the former National Enquirer publisher, establishing a deal to suppress unflattering stories about Mr. Trump. “Once I received the money back from Mr. Trump, I would deposit it and no one would be the wiser,” Mr. Cohen said. He also held a news conference blasting Democrats, whom he and Mr. Trump blame for the case, and Mr. Cohen.
Persons: Michael D, Cohen, Donald J, Trump’s, , Stormy Daniels, Trump, Daniels, Melania, , Todd Heisler, ” Mr, Karen McDougal, ” Cohen, Mr, Trump’s micromanagement, David Pecker, Keith Davidson, Daniels’s, , , Allen Weisselberg, J.D, Vance of, Vance, Rick Scott of, Ken Paxton, Tommy Tuberville, Michael Cohen, Organizations: ., New York Times, Playboy, National Enquirer, Republican, Prosecutors Locations: Manhattan, Lower Manhattan, Vance of Ohio, Rick Scott of Florida, Texas, Alabama
The Republican Party has changed a lot since Donald J. Trump last spent this much time at Trump Tower. Stuck in New York City four days a week during his criminal trial, Mr. Trump is now back in the same 66th-floor penthouse suite where he weathered so many scandals during his 2016 presidential run. Back then, Mr. Trump was the Republican nominee, but still very much a party outsider. After the “Access Hollywood” video broke in October 2016 and he was heard bragging about grabbing women’s genitals, he spent the weekend in Trump Tower watching defections. Mr. Vance began his day at Trump Tower and then went inside the courthouse on the same day that some of the “Access Hollywood” episode was recounted and a secret recording played in which Mr. Trump discussed payoffs to bury harmful stories.
Persons: Donald J, Trump, Trump’s, J.D, Vance of, Vance Organizations: Republican Party, Trump, New York City, Republican, Trump Tower Locations: New York, Vance of Ohio
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The Club stock is trading around $328 per share Tuesday, so it's hardly been a steep pullback thus far. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Tuesday's, Jerome Powell, James Saccaro, Stanley Black, Decker, Jim Cramer's, Don Allan, Jim, Eaton, We'll Organizations: CNBC, Bank of, GE Healthcare, Eaton Corp, Nvidia, Costco, Walmart, Target, Amazon, Jim Cramer's Charitable Locations: Amsterdam, U.S, China, Europe, America
The summer of 2023 was exceptionally hot. Scientists have already established that it was the warmest Northern Hemisphere summer since around 1850, when people started systematically measuring and recording temperatures. Now, researchers say it was the hottest in 2,000 years, according to a new study published in the journal Nature that compares 2023 with a longer temperature record across most of the Northern Hemisphere. The study goes back before the advent of thermometers and weather stations, to the year A.D. 1, using evidence from tree rings. “That gives us the full picture of natural climate variability,” said Jan Esper, a climatologist at Johannes Gutenberg University in Mainz, Germany and lead author of the paper.
Persons: , Jan Esper, El Niño Organizations: Northern Hemisphere, Johannes Gutenberg University Locations: Mainz, Germany
The AI company basically planted a flag in the sand emblazoned with two words aimed at its Big Tech rivals: your move. The newest version of the AI chatbot, powered by OpenAI's new flagship AI model GPT-4o, can reason across audio, vision, and text in real time. AdvertisementAll the while, the voice assistant maintained a lighthearted and cheerful tone. In another instance, ChatGPT said the researcher was making it blush when he said he was talking about how "useful and amazing" ChatGPT was. Meanwhile, Amazon had plans to release an "Alexa Plus" paid version of the voice assistant that's powered by generative AI, Business Insider's Eugene Kim first reported.
Persons: , Sam Altman, Mira Murati, Scarlett Johansson, Spike, Mark, ChatGPT, OpenAI, Alexa, Apple's Siri, Siri, There's, Insider's Eugene Kim Organizations: Service, Big Tech, Business, Warner Bros, Google, Apple, Amazon Locations: ChatGPT
The striking amount of time and energy that went into covering up Donald J. Trump’s alleged affairs in the run-up to the 2016 election, and the panic among his aides over their impact on female voters, returned front and center in the testimony of Michael D. Cohen on Monday. Mr. Cohen and a team at The National Enquirer spoke seemingly constantly about how to keep these women quiet, even as new accounts surfaced that required awkward conversations with the candidate. Accounting departments were engaged, front companies were created, and misleading invoices were produced, according to witnesses for the prosecution. The “Access Hollywood” tape, a recording of Mr. Trump talking about groping women with impunity, landed like a bombshell in 2016. Mr. Trump urged Mr. Cohen, who was in London, to reach out to his contacts in the news media.
Persons: Donald J, Trump’s, Michael D, Cohen, Trump, Mr, Chris Cuomo Organizations: National Enquirer, Mr, CNN, Trump Locations: London
Each month, they pay $3,700 for their mortgage, $3,342 on their credit card debt and $2,495 on their auto loans. 'The house is burning down'When Sethi asked Kevin and Michelle why they needed help despite their high income, Kevin said impulse buys like drinks at 7-Eleven have really added up. The couple owes $73,000 in credit card debt and $99,000 on two auto loans for luxury cars. "That's a total distraction from what's really going on here, which is the house is burning down." At the time of the podcast's recording, the couple's fixed costs came out to about 73% of their monthly income.
Persons: Ramit Sethi, Rich, Kevin, Michelle, Sethi
Read previewSeven years ago, my son, Ryan, turned 13 years old. After the balloons and a breakfast cupcake, we packed a picnic lunch and set out for a beautiful hike. Within 20 minutes, we reached the base of Sugarloaf Peak and began the ascent to a 360-degree view of the San Francisco Bay. With each year that he grows older, it feels as though I'm traversing new terrain, too, learning and evolving alongside him. Our stories are a testament to the transformative power of growth, resilience, and mutual support possible between a parent and their child.
Persons: , Ryan, I've Organizations: Service, Business, UCLA Locations: San Francisco Bay, YOLO
This week, however, Mr. Cohen is poised to unfix Mr. Trump’s life. And, on occasion, Mr. Cohen has said, Mr. Trump put Mr. Cohen on the phone with his wife, Melania, to reassure her that he hadn’t been unfaithful. Mr. Cohen was no longer a Trump Organization employee, and Mr. Trump had excluded him from a job in Washington. When one of Mr. Trump’s friends asked Mr. Trump why he kept Mr. Cohen so close, Mr. Trump replied, “He has his purpose.”Image In 2016, Mr. Cohen campaigned for Mr. Trump, but he did not get a job in the administration. At that meeting, Mr. Cohen has said, he and Mr. Trump confirmed their plan to falsify the records.
Persons: Michael D, Cohen, Donald J, Trump, litigators, Cohen’s, Trump’s, Stormy Daniels, Mr, lackey, , Jim Cole, , Donny Deutsch, ” Mr, Deutsch, “ Donald, Trump’s “, , ” ‘, T.J . Kirkpatrick, ” Jeffrey McConney, dryly, Roy M, Cohn, Joseph McCarthy, Rosie O’Donnell, John Taggart, Barron, Donald Trump Jr, hadn’t, Black, Karen McDougal, Daniels, Jonathan Ernst, Cohen puttered, Lanny J, Davis, doesn’t revel, Omarosa Manigault Newman, Michael, Jim Lo Scalzo, You’re, , Alina Habba, perjured, isn’t, Habba, Ms, “ You’re, Hope Hicks, scoffed, “ Michael Cohen Organizations: York, Prosecutors, Mr, Trump, Associated, The New York Times, Trump Organization, CNBC, Communist, National Enquirer, Playboy, Credit, Nike, “ Fox & Friends, Democratic, Federal Bureau of Prisons, White, New Locations: Manhattan, New York, Long, Trump’s New York, Trump, Miami, Moscow, Iowa, Washington, Otisville
You can reduce your home sale profit by adding often-forgotten costs and fees to your basis, which minimizes your capital gains tax liability. For example, you can start by tacking on fees and closing costs from the purchase and sale of the home, according to the IRS. The average closing cost nationwide is $4,243, according to a report from Assurance, but fees vary widely. That includes your real estate commissions and closing costs. The 'best way' to reduce capital gains taxesYou can further increase your home's basis by tacking on the cost of eligible upgrades, experts say.
Persons: Thomas Scanlon, Raymond James, Scanlon, tacking, Paul Fenner Organizations: Westend61, tacking, Tamma Locations: Manchester , Connecticut, New York, California, Commerce Township , Michigan
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.
Persons: Jim Cramer, it's, OpenAI, Mira Murati, Jensen Huang, We're, Jim's, Estee, Jim, Jim Cramer's Organizations: CNBC, Microsoft, Nvidia, Dover Corp, Clean Energy, Sustainability Technologies, Club, Vision, Bloomberg, Apple Vision, U.S, Jim Cramer's Charitable Locations: Illinois, Dover, U.S, China, Estee Lauder
They’ve identified previously unknown complexity in whale communication by analyzing thousands of recorded sequences of sperm whale clicks with artificial intelligence. What sperm whales are saying with their clicks remains a mystery to human ears. “This work builds on a lot of prior work focused on understanding the calls of sperm whales. For the new study, the researchers used machine learning to detect patterns in audio data collected by The Dominica Sperm Whale Project, a repository for observations of sperm whales that inhabit the Caribbean Sea. The study authors defined four features in codas: rhythm, tempo, rubato and ornamentation.
Persons: They’ve, , Daniela Rus, ” Rus, Luke Rendell, Andrews, Rendell, , it’s, Rus, ” Rendell, Brenda McCowan, McCowan, ” McCowan, ” Mindy Weisberger Organizations: CNN —, Nature Communications, Computer Science, Artificial Intelligence, MIT, University of St, University of California Davis School of Veterinary Medicine, Scientific Locations: United Kingdom, Dominica, Eastern, Caribbean, Alaska
And on Monday, as Donald J. Trump’s criminal trial enters its fifth week, they will finally meet him: Michael D. Cohen, Mr. Trump’s former fixer and the prosecutions’s star witness. Mr. Cohen, once Mr. Trump’s loyal attack dog and now his dedicated antagonist, will take the stand in the first criminal trial of an American president. He is expected to testify that he did so at Mr. Trump’s direction. He is also likely to say that, once Mr. Trump was in the White House, the president reimbursed him after the two met in the Oval Office in February 2017. And he will almost certainly confirm the crux of the prosecution’s case: that Mr. Trump orchestrated a plan to falsify records that disguised the reimbursement as ordinary legal expenses.
Persons: Donald J, Michael D, Cohen, Trump’s, Trump
The trial of former President Donald J. Trump has all the elements of a made-for-TV thriller: sex, politics and potential consequences for the future of the republic. One problem: no TV. The testimony on Monday of Michael Cohen, Mr. Trump’s lawyer-turned-witness for the prosecution, was the kind of highly anticipated, high-drama moment that would make for riveting television if it could be watched live. Sketches, still photographs and footage of Mr. Trump walking in and out of the courthouse now typically fill the screens of the major cable news channels, as their on-air personnel narrate the day’s events. The coverage has the feel of a live baseball radio broadcast, with commentators creating word-pictures for their audience.
Persons: Donald J, Trump, Michael Cohen, Trump’s Locations: Lower Manhattan
For Arizona Republicans, the resurgence of the state’s Civil War-era abortion ban was a political catastrophe that threatened to tip competitive races toward Democrats. In March 2022, in the midst of the midterm election and months before the US Supreme Court’s June Dobbs decision ended federal protections for abortion, Arizona Republican Gov. A handful of prominent Senate Republicans have visited Arizona to fundraise and campaign with her. To cut all that in half, at least we’re going in the right direction.”A political mistakeAs Democrats focus on abortion, Lake has focused on the border, crime and the economy. During her last campaign Lake famously alienated the wing of the party loyal to the late Sen. John McCain.
Persons: Kari Lake, Ruben Gallego, , Kari Lake’s, Hannah Goss, she’s, Trump, She’s, , Arizonans, Stan Barnes, Dobbs, Doug Ducey, Katie Hobbs, Timmaraju, Hobbs, Gallego, adjourns, Joe Biden’s, Lake hasn’t, litigating, , Arizona Sen, Jon Kyl, Karrin Taylor Robson –, Pinal County Sheriff Mark Lamb, South Dakota Sen, John Thune, Lake, Alex, Andorra Nicoll, Fitzgerald swaddled, Fitz, ” Alex Nicoll, We’ve, Brandi Weed, Weed, They’ve, Phoenix Mayor Kate Gallego, Biden, Riley, Francis Chung, “ Ruben Gallego, ” Goss, “ Kari Lake, ” Gallego, Sean Noble, “ He’s, won’t, ” Noble, Sen, John McCain, Seth Leibsohn, Leibsohn Organizations: CNN, Democratic Rep, GOP, Arizona Republicans, Democrats, Senate, Arizona Legislature, Arizona Republican, US, Arizona Republican Gov, Lake, Democratic, Arizona Supreme, Trump, Republicans, National Republican, Pinal County Sheriff, South Dakota, United States Senate, Washington DC, Arizona State University, Congressional Progressive Caucus, Phoenix Mayor, , Natural Resources, Capitol, POLITICO, AP, Arizona Democrats, Harvard, Marine Reserves, PAC, Republican Locations: Arizona, Pinal County, fundraise, Washington, Mesa, Iraq, an Arizona
In a bitter public feud, hip-hop stars Drake and Kendrick have exchanged personal slurs. Since March, the two have traded increasingly personal and aggressive diss tracks. AdvertisementAfter weeks of the bitter public feud between Drake and Kendrick Lamar finally looks like it's over — or at least dying down. And the rap stars didn't hold back trading a series of increasingly aggressive and unpleasant diss tracks. Ultimately, it seems unlikely that either rapper will end up suing for defamation over the slur-laden diss tracks.
Persons: Drake, Kendrick, , Kendrick Lamar, Lamar, Cole, didn't, Taylor, J, Prince Williams, Arturo Holmes, Matt Ford, Kendrick's, Daliah, Lamar —, Sapar, defamers, Saper, , Harvey Weinstein, Adonis, Sophie Brussaux, that's, They're, It's Organizations: Service, Metro, The Met Museum, New, Saper, intel Locations: LA, New Republic
Read previewIn 2005, we were a newly married couple living in our 2,000-square-foot house in Nashville. We quit our gigs and, by April, had bought a house in a town north of Rome. By November, we'd officially moved to a tiny 500-square-foot house in Italy with a bathroom the size of a Spirit Airlines lavatory. First of all, the entire house is one big open room that's about the size of our old living room — our kitchen, foyer, and dining table are all in the same space. Although electricity is pricey, having a small house makes our bills manageable.
Persons: , we'd, we've, Zeneba Bowers, Zeneba Organizations: Service, Business, Spirit Airlines Locations: Nashville, Italy, Rome
Tesla owners must enable the feature in vehicle settings and ensure that phone settings allow for nearby interactions for the Tesla app. So far, the update is only available to iPhone 11+ users with the Tesla app 4.3.0+. However, a future update will extend the feature to Android users, according to Not a Tesla App. Another change in the software update allows owners to attend Zoom video calls from the car using the interior cabin camera. While you can only use the video feature if you're parked, you can still use the app with audio only during driving mode.
Persons: , — Tesla Organizations: Service, EV, Twitter
Financials also did well, with Club stocks Morgan Stanley and Wells Fargo trading at new 52-week highs. Portfolio name Starbucks should take a page out of this book, lowering its price of coffee and food to attract more customers. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, they've, Lael Brainard, Financials, Morgan Stanley, Wells, McDonald's, Cramer, Jim Cramer's, Jim, Robert Gauthier Organizations: CNBC, University of Michigan Survey, National Economic Council, Club, Bloomberg, Starbucks, Disney, Comcast, Hulu, Jim Cramer's Charitable, McDonalds, Rte, Los Angeles Times, Getty Locations: Wells Fargo, United States, Azusa , CA
Thursday's gains put the S & P 500 less than 1% away from its record close on March 28. Tech sits out: The only S & P 500 sector in the red Thursday was technology. A bunch of solar stocks, which fall under the tech bucket, were lower after SolarEdge gave disappointing second-quarter guidance. S & P leaders: The top-performing sectors in the S & P 500 on Thursday were real estate, utilities and energy. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
Persons: Jim Cramer, Dow, Stocks, We'll, we'll, SolarEdge, It's, Jayshree, What's, Jim Cramer's, Jim Organizations: CNBC, University of Michigan's, Tech, Arm Holdings, Arista Networks, Dow, Utilities, Technologies, Insulet Corp, Akamai Technologies, Jim Cramer's Charitable Locations: SolarEdge, Salesforce
Stormy Daniels Returns to the Stand
  + stars: | 2024-05-09 | by ( Matthew Haag | More About Matthew Haag | ) www.nytimes.com   time to read: +1 min
The woman who said she had a one-night sexual encounter with a man who became president will take the witness stand again on Thursday in a Lower Manhattan courtroom. The witness, Stormy Daniels, on Tuesday started to tell her account — sometimes nervously, sometimes graphically and often quickly — of a liaison in a Nevada hotel suite with that man, Donald J. Trump. The court session took its weekly Wednesday break with Ms. Daniels about to discuss the $130,000 hush-money deal paid by Mr. Trump’s former fixer, Michael D. Cohen, in the days before the 2016 election. The 34 felony counts against Mr. Trump stem from his repayment to Mr. Cohen after he became president, and the recording of the checks as “legal expenses” at the Trump Organization. Prosecutors say it was a deliberate mislabeling meant to conceal the hush-money deal and amount to a falsification of business records.
Persons: Stormy Daniels, Donald J, Trump, Daniels, Trump’s, Michael D, Cohen Organizations: United, Trump Organization, Prosecutors Locations: Lower Manhattan, Nevada, United States
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