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☆ Interest rates staying where they are is a forgone conclusion, but the Fed's decision day still matters
▼ + stars: | 2024-05-01 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, what another delay to interest rate cuts means for a market banking on them. The big storyThe waiting game continuesChip Somodevilla/Getty Images; BISpoiler alert: The Federal Reserve won't be lowering interest rates today. The official announcement won't come until this afternoon, but interest rates staying where they are is a forgone conclusion. The CME FedWatch Tool, which calculates the probability of the Fed's decision based on interest rate traders, has the odds of rates staying untouched at 97.5%.) Talk of cutting interest rates has been going on for the better part of a year.

Persons: —, it's, doesn't, We'll, Chip Somodevilla, Jerome Powell, Matt Rourke, Sarah Silbiger, Alyssa Powell, CME's, aren't, Powell, Erin Schaff, Paul Krugman, Donald Trump's, Krugman, Trump, Marko Kolanovic, Rebecca Zisser, Instagram, Changpeng Zhao, Binance, Amazon, Emma Tucker's, Steve Bannon, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Stagecoach, Trump, Tech, Investors, Bloomberg, Getty, The New York Times, Hunterbrook, JPMorgan, Adobe, Wall Street Journal, Staff, eBay, Pfizer, Google Locations: stagflation, New York, London

☆ Joseph Stiglitz on why America's appetite for Trump endures
▼ + stars: | 2024-05-01 | by ( William Edwards | ) www.businessinsider.com time to read: +12 min

If Trump is elected again, Stiglitz said, he could well pull support for Ukraine, sending grain prices soaring. For Stiglitz, the 2001 winner of the Nobel Prize in economics, America's appetite for Trump can be traced back a little more than four decades ago to the election of Ronald Reagan. "We've had 40 years of a neoliberal experiment: Strip away the regulations and lower the taxes — taxes are much lower than they used to be. But Komlos and Stiglitz don't place blame solely on Reagan for the growing economic inequality. Every European country that's had a wealth tax has walked away from it, by and large."

Persons: Donald Trump, Joseph Stiglitz, Trump, Stiglitz, Joe Biden, Ronald Reagan, —, that's, Reagan, We've, Dina Litovsky, Friedrich Hayek, Milton Friedman, That's, Stiglitz doesn't, John Komlos, Komlos, Joe, Bill Clinton, Clinton, Barack Obama, insurrectionists, Desmond Lachman, Carter, Douglas Holtz, Eakin, George W, John McCain's, Holtz, America Stiglitz, Hayek, Friedman, Claudia Sahm, you've, what's Organizations: Columbia Business School, Business, Capitol, Biden, Trump, :, Good Society, America's, Federal Reserve, Budget, Bank, University of Munich, Duke University, University of North, Democratic, North American Free Trade, World Trade Organization, American Enterprise Institute, Bush's, Economic Advisers Locations: Manhattan, Ukraine, Russia, China, Beijing, Taiwan, University of North Carolina, Spain, America

☆ CNN Poll: Americans still broadly oppose overturning Roe; they’re less united on what abortion laws should look like
▼ + stars: | 2024-05-01 | by ( Ariel Edwards-Levy | ) edition.cnn.com time to read: +8 min

Roughly half of US adults, 49%, want to see federal politicians work to enshrine abortion access nationally, while 37% say abortion laws should be left to states, and 14% call for nationwide restrictions. The poll comes in the wake of two years of largely state-level skirmishes over abortion laws following the overturn of Roe – political fights with tangible consequences for residents’ access to abortion in those states. The share who view their state’s abortion laws as too restrictive rises to 43% in the states where abortion is currently legal with gestational limits of 6-18 weeks, and to 52% in the states where it is banned. Among those who disapprove of overturning Roe, about two-thirds (64%) in states with gestational limits and three-quarters (74%) in states where abortion is banned find their state’s laws too restrictive. The CNN poll was conducted by SSRS from April 18-23 among a random national sample of 1,212 adults drawn from a probability-based panel, including 967 registered voters.

Persons: Roe, Wade, Dobbs, shouldn’t, state’s, Joe Biden, Donald Trump, Laws, they’d, Biden, aren’t, he’s, he’ll, Trump, SSRS, CNN’s Jennifer Agiesta, Ed Wu Organizations: CNN, SSRS, Jackson, Health Organization, White Evangelical, Arizona Supreme, Republican, GOP, Biden, Trump, Democratic, Surveys Locations: Arizona, Florida , Maryland, New York

☆ Trump returns to campaign trail for first time since hush money trial began
▼ + stars: | 2024-05-01 | by ( Alayna Treene | Kristen Holmes | ) edition.cnn.com time to read: +9 min

CNN —Former President Donald Trump will make his foray back onto the campaign trail Wednesday for the first time since his New York criminal hush money trial began in earnest last month. Trump advisers see openings with critical working class voters unhappy with inflation, and with Arab American voters who disprove of Biden’s handling of the Israel-Hamas war. But they are still in the early stages of building out the teams, according two senior Trump campaign advisers, which they say will be a mix of paid staffers and volunteers. “That’s a colossal disaster for him,” one of the senior Trump advisers said, and it is something they plan to message on aggressively in the months ahead. Recent campaign filings with the Federal Election Commission show Biden’s principal campaign committee entered April with $85.5 million, while Trump’s main campaign account had $45.1 million in its war chest.

Persons: Donald Trump, Trump, Joe Biden, Melania, politicking, hasn’t, Juan Merchan, I’m, ” Trump, Biden, Trump’s, Biden’s, “, ”, Nikki Haley, Haley, Freeland Organizations: CNN, Trump, Republican, Arab, CBS, Biden, Republican National Committee, MAGA Inc, Israel, Democratic, Former South Carolina Gov, Michigan’s, GOP, White, Michigan, Republican National, Federal Locations: York, Wisconsin, Michigan, Wilmington , North Carolina, Bedminster , New Jersey, New York City, Georgia, Florida, Midwest, Israel, Pennsylvania, Gaza, “, Waukesha , Wisconsin, Freeland , Michigan, Saginaw County, Grand Rapids, Green

☆ Hush-money texts reveal tawdry bidding war over a porn star, a Playboy model, and their tales of Donald Trump
▼ + stars: | 2024-05-01 | by ( Laura Italiano | ) www.businessinsider.com time to read: +8 min

"Every single time I talked to Michael Cohen, he leaned on his close affiliation with Donald Trump," Davidson testified. Advertisement"It was part of his identity," the lawyer told jurors of Cohen. When Daniels' lawyer responded "Yup," the Enquirer editor responded, "I reckon that trump[sic] impersonator I hired has more cash." At another point, Cohen claimed the Trump Organization computer systems were, "quote, all fucked up," Davidson told the jury. "I called him and said, Michael, this is a very bad situation," he said he told Cohen.

Persons: —, Donald Trump —, Playboy Bunny, Keith Davidson, Bunny Karen McDougal, Stormy Daniels, Melania Trump, Trump, Davidson, Trump's, Michael Cohen, Cohen, Manhattan DA Alvin Bragg, Daniels, Donald Trump, Dylan Howard, texted, Ethan Miller, Raymond Hall, Joshua Steinglass, Yom Kippur, Michael, Steinglass, he's, Karen McDougal, Playboy Bunny —, Howard, McDougal, Davidson — Organizations: Service, Business, Trump, National Enquirer, Manhattan DA, Getty, Trump Organization, Enquirer, National, GOP Locations: LA

Washington CNN —GOP Rep. Marjorie Taylor Greene announced Wednesday she will force a vote over House Speaker Mike Johnson’s ouster next week – a move that comes after Democrats have said they will vote to kill the effort and ensure Johnson doesn’t lose his job. “This motion is wrong for the Republican Conference, wrong for the institution, and wrong for the country,” the speaker said in a statement after Greene’s announcement. Greene originally filed the motion to oust Johnson in March amid conservative anger over the Louisiana Republican’s handling of the government funding fight. A floor vote to oust Johnson would require a majority to succeed, but it can still be preempted. It was a warning to stop serving the Democrats and support our Republican conference and support our agenda.

Persons: Marjorie Taylor Greene, Mike Johnson’s, Johnson doesn’t, “, ”, Johnson, Kevin McCarthy, Greene, Donald Trump, Trump, President Trump, ” Greene, Marjorie Taylor Greene’s, Hakeem Jeffries, Mike Johnson, Jeffries, CNN’s Melanie Zanona, Aileen Graef Organizations: Washington CNN, GOP, Republican Conference, Republican, House Democratic, ”, Democratic Locations: Louisiana, Ukraine

☆ Trump says he wants huge tariffs if elected. That could send inflation spiking.
▼ + stars: | 2024-05-01 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

But research from the bipartisan Tax Foundation suggests otherwise, and says Trump's 2018 trade war was also economically damaging. The non-partisan Tax Foundation would beg to differ. Tax Foundation estimates that the tariffs then imposed have amounted to an $80 billion tax increase on Americans. Nobody else ever did anything on China," Trump explained. More tariffs under Trump could be poorly timed, as US monetary policy is already struggling to clamp down on current inflation levels.

Persons: Trump, —, Donald Trump, Biden, Kenneth Rogoff Organizations: Time Magazine, Foundation, Service, Time, Republican, Trump, Federal Reserve Locations: China, India, Brazil, United States, Beijing

☆ The Fed once again holds interest rates steady — with cuts expected later this year
▼ + stars: | 2024-05-01 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

Read previewThe nation's central bank offered no surprises in its latest interest rate decision. On Wednesday, the Federal Open Market Committee announced that it would be holding interest rates steady, continuing the pause on rates that began in September. While the FOMC projected three interest rate cuts for 2024, inflation is not quite where the Fed needs it to be. "It looks to me like he's trying to lower interest rates for the sake of maybe getting people elected," Trump said. "Inflation has continued to run hot and there is no compelling need for the Fed to cut interest rates until they're comfortable with where inflation is headed," Greg McBride, chief financial analyst for Bankrate, said in a statement.

Persons: —, It's, Jerome Powell, Powell, Donald Trump, Trump, Greg McBride Organizations: Service, Federal, Market Committee, Federal Reserve, Business, Fox News, Street Journal, Trump, Fed Locations: Washington

☆ Trump Media shares collapsed, rallied, and are collapsing again. No one knows why.
▼ + stars: | 2024-05-01 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

Donald Trump's social media stock collapsed a month ago, and people were happy to tell you why. AdvertisementRemember when Trump Media & Technology Group Corp, the company that operates Truth Social, Donald Trump's social network, turned into a publicly traded stock? AdvertisementSo how do we explain that over the course of the past two weeks, Trump Media shares had doubled again? Here is the reason that Trump shares collapse, or rally, or collapse again: There is no underlying reason. So go ahead and bet on, or against Trump Media — on any given day, you could be right?

Persons: Donald Trump's, —, Trump, Donald Trump, you'd, Jon Stewart Organizations: Trump Media, Service, Trump Media & Technology Group Corp, Truth, CNBC, Trump, GameStop, AMC, Knicks, Sixers, Trump Media — Locations: Bath

☆ Opinion | Nixon, Trump and What Justice for All Means in America
▼ + stars: | 2024-05-01 | by ( Kevin Boyle | ) www.nytimes.com time to read: +1 min

Of the four criminal cases that Donald Trump is facing, the one now unfolding in Manhattan is generally considered the weakest. Worst of all, it doesn’t speak to Mr. Trump’s actions as president, as the other cases do. As a historian who has written about the wrenching events of the 1960s and early 1970s, I can’t help seeing Mr. Trump’s legal troubles through the lens of an earlier Republican president. But unlike Mr. Trump, Mr. Nixon never faced criminal charges himself. For that, justice suffered, and the nation suffered, too.

Persons: Donald Trump, Richard Nixon, Trump, Nixon, Juan Merchan’s Locations: Manhattan

☆ Truth Social Co-Founder Says Trump Nearly Derailed Deal That Led to Market Windfall
▼ + stars: | 2024-05-01 | by ( Matthew Goldstein | More About Matthew Goldstein | ) www.nytimes.com time to read: +1 min

Former President Donald J. Trump’s social media company is currently worth over $6 billion. But the agreement that set the stage for its stock market debut in March was nearly derailed years earlier by Mr. Trump, who is now the biggest beneficiary of its richly valued stock, one of the firm’s co-founders said on Wednesday. Andy Litinsky, who helped start Trump Media & Technology Group, the parent company of Truth Social, testified in federal court that he had doubts about whether Mr. Trump would agree to take the firm public by merging it with a cash-rich shell company, even as the deal-signing ceremony was set to take place at the former president’s Mar-a-Lago residence in late 2021. Mr. Litinsky, a former contestant on Mr. Trump’s reality television show “The Apprentice,” said that before the ceremony, Mr. Trump had asked him whether he should go ahead with the merger of Trump Media and the shell company, Digital World Acquisition Corporation. Mr. Litinsky was in court in Manhattan testifying as a witness in an insider trading trial that arose from an investigation of traders who made millions of dollars with well-timed purchases of Digital World’s stock before the merger announcement on Oct. 20, 2021.

Persons: Donald J, Trump, Andy Litinsky, Litinsky, ” Organizations: Trump Media & Technology Group, Truth, Trump Media, Acquisition, Mr, Digital Locations: Manhattan

☆ Trump thinks his lawyer is insufficiently aggressive toward the judge, jury, and witnesses
▼ + stars: | 2024-05-01 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

Donald Trump feels his lead defense lawyer hasn't been aggressive enough, per The New York Times. Trump is currently facing his first criminal trial in Manhattan. AdvertisementFormer President Donald Trump thinks the lawyer representing him in his hush-money trial isn't combative enough, The New York Times reported on Tuesday. Todd Blanche, an ex-federal prosecutor turned white-collar defense lawyer, is currently representing Trump as his lead lawyer. Trump had once praised Blanche, saying that he was an intelligent and good lawyer, The Times said in a report on April 4.

Persons: Donald Trump, hasn't, Trump, —, he's, Stormy Daniels, Todd Blanche, Blanche Organizations: New York Times, Service, Trump, Times, Business Locations: Manhattan

☆ The world's happiest countries are targeting net-negative emissions — despite a growing 'greenlash'
▼ + stars: | 2024-05-01 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +6 min

It is aiming to be the first high-income country to reach net zero emissions in 2035 and net negative by 2040. Denmark, which the World Happiness Report recognized as the world's second-happiest country, is targeting net zero by 2045 — and net negative by 2050. Thierry Monasse | Getty Images News | Getty ImagesDanish Climate Minister Lars Aagaard said the need for negative emissions was clear. He added that Denmark's ability to achieve net negative emissions would hinge upon policies implemented over the next five to seven years. Sopa Images | Lightrocket | Getty Images

Persons: Sergei Gapon, Thierry Monasse, Lars Aagaard, Denmark's Aagaard, —, Stefano Guidi, Donald Trump, Joe Biden, Trump, Biden, Kai Mykkänen, Mykkänen, Moscow … Organizations: Afp, Getty, Atlantic ., Agriculture Ministers, CNBC, Lars Aagaard Danish Climate, United Arab Emirates, Union, Nationalist, Former U.S, Finnish Climate Locations: Copenhagen, Denmark, Atlantic, Atlantic . Finland, Finland, Brussels, Belgium, Lars Aagaard Danish, Panama, Europe, Germany, France, Turin, Italy, U.S, November's, Paris, Finnish, Helsinki, Montreal, Beijing, Moscow, of Finland, Neva Guba

☆ The Oldest President Is in Big Trouble With the Youngest Voters - The New York Times
▼ + stars: | 2024-05-01 | by ( Thomas B. Edsall | ) www.nytimes.com time to read: 1 min

It has become clear that one constituency — young voters, 18 to 29 years old — will play a key, if not pivotal, role in determining who will win the Biden-Trump rematch. Four years ago, according to exit polls, voters in this age group kept Trump from winning re-election. They cast ballots decisively supporting Biden, 60-36, helping to give him a 4.46-point victory among all voters, 51.31 to 46.85 percent. There is substantial variance in poll data reported for the youth vote, but, to take one example, the NBC News national survey from April found Trump leading 43-42. Young voters’ loyalty to the Democratic Party has been frayed by two distinct factors: opposition to the intensity of the Israeli attack on Hamas in Gaza and frustration with an economy many see as stacked against them.

Persons: Biden, Trump Organizations: Biden, Trump, NBC News, Young, Democratic Party Locations: Gaza

☆ Election Updates: Trump campaigns in battleground states for the first time since his trial began.
▼ + stars: | 2024-05-01 | by ( Chris Cameron | ) www.nytimes.com time to read: +6 min

The Louisiana secretary of state has ordered that the congressional map be finalized by May 15. Even so, they said, it was evident that creating a second district with a majority of Black voters was lawmakers’ overarching objective. But in the map drawn by the Republican-controlled Legislature, only one of the six congressional districts had a majority Black population. The ruling reaffirmed the Voting Rights Act of 1965, which had been diminished over the years by the court’s conservative majority. Critics of Tuesday’s ruling argued that the repercussions in Louisiana could extend beyond a single election, or even partisan divisions.

Persons: ”, Critics, Eric H, Holder Jr, Liz Murrill, “ I’ve, ’, David C, Joseph, Robert R, “, Carl E, Stewart, —, Tuesday’s, Ashley Shelton, Ms, Shelton Organizations: Black, U.S . Constitution, National Democratic, Republican, U.S, Supreme, . Constitution, State Legislature, Lawmakers, U.S ., Appeals, Fifth Circuit, American, Western, Western District of, Louisiana Legislature, voters, Power Coalition for Equity, Justice Locations: Louisiana, U.S ., ., Baton Rouge, Shreveport, Western District, Western District of Louisiana, Black, U.S

☆ Elon Musk and 'anti-Biden brain trust' bonded at exclusive Hollywood Hills dinner, report says
▼ + stars: | 2024-05-01 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

Read previewElon Musk, at an exclusive April dinner, commiserated with a group of billionaires about their distrust in Democratic politicians like Joe Biden, according to a new report by Puck. The outlet reported that Musk and venture capitalist David Sacks hosted the private event at Sacks' $23 million estate in the Hollywood Hills. This story is available exclusively to Business Insider subscribers. Related storiesRepresentatives for Musk, Sacks, and other dinner attendees identified by Puck did not immediately respond to requests for comment from Business Insider. "In the past I voted Democrat, because they were (mostly) the kindness party," Musk wrote in a tweet in May 2022.

Persons: —, Elon, Joe Biden, Puck, David Sacks, Sacks, Peter Thiel, Travis Kalanick, Steven Mnuchin, Donald Trump, Biden, Musk, Michael Milken, Milken's, Milken, Trump, OpenSecrets, Don Lemon, Lemon Organizations: Service, Hollywood, Business, Democratic, Biden, Houston Chronicle, SpaceX hasn't, Trump, National Republican Congressional Committee, Democratic Party, Republican, The New York Times, CNN Locations: Palm Beach , Florida

☆ Biden Is Still Losing. His Campaign Should Stop Acting Like He Isn’t. - The New York Times
▼ + stars: | 2024-05-01 | by ( Ross Douthat | ) www.nytimes.com time to read: +2 min

In February, there was a flurry of discussion about whether Joe Biden’s advancing age and seeming weakness in a matchup with Donald Trump meant that he should step aside. “The Drumbeat for Biden to Step Aside Will Only Grow Louder” ran one headline from that period, from Robert Kuttner in the American Prospect. All it took was Biden giving a passable State of the Union address: Thereafter his poll numbers marginally improved, the optimists on the Democratic side seized the rhetorical initiative, and the “should Biden step aside?” discourse faded into background noise. But it’s also quite consistent; since last fall, both candidates are bouncing around within a very narrow range. ), because voters aren’t paying close attention yet (but don’t they already know both of the candidates quite well?

Persons: Joe Biden’s, Donald Trump, Biden, Nate Silver, Ezra Klein, Robert Hur, Robert Kuttner, Kuttner, Robert F, Kennedy Jr, it’s, he’s Organizations: Democratic, Trump, Electoral College Locations: Georgia, Michigan, Arizona , Nevada , Pennsylvania, Wisconsin

The American right’s growing embrace of Orbán builds upon millions of dollars that his government has spent on lobbying in the US, and new connections between Hungarian and American conservative think tanks. “Make America great again, make Europe great again!” Orbán declared in English, before continuing in Hungarian: “Go Donald Trump! Conservatives from around the US, Europe and beyond traveled to Budapest for the two-day event, which was organized by a Hungarian government-funded think tank. Two American nonprofits that are actively planning policies for a second Trump term have shown an interest in Hungary and Orbán’s model. But some of the American conservatives who flew into the country for CPAC seemed more focused on the optics of Budapest than on democratic rights.

Persons: crackdowns, “, Viktor Orbán, Orbán, Donald Trump’s, ” Orbán, Donald Trump !, ” Trump, ”, Trump, Steve Bannon, President Trump, Gladden Pappin, Szilard Koszticsak, White, ” Pappin, “ saviors, Bannon, Kari Lake, Mark Meadows, Andy Harris, Zoltan Mathe, Paul Gosar, Christopher Rufo, István, Ron DeSantis, Trumpists, Kim Lane Scheppele, Orbán’s, Zsuzsanna Szelényi, ” Szelényi, Márton Gulyás, influencers strode, Joey Mannarino, ” Kyung Lah, Anna, Maja Rappard, Casey Tolan, Curt Devine Organizations: Hungary CNN —, Republican, Conservative, Trump, European Union, Hungarian Institute of International Affairs, Conservative Political, “ Conservative, White House, ”, Republican Arizona, CNN, Department of Justice, Southern Poverty Law, Heritage Foundation, America, Policy Institute, Institute, Florida Gov, Princeton Locations: Budapest, Hungary, American, Europe, Lago, Dallas, America, Hungarian, Arizona, United States, Paul Gosar of Arizona, Florida, “ Hungary, marveled, New York, Washington

☆ Arizona Senate to vote on repeal of 1864 near-total abortion ban
▼ + stars: | 2024-05-01 | by ( Arit John | ) edition.cnn.com time to read: +4 min

CNN —The Arizona Senate on Wednesday will vote on legislation to repeal the state’s 160-year-old near-total abortion ban, three weeks after the state Supreme Court revived the law and thrust reproductive rights into the political spotlight. Katie Hobbs signs it, as expected, it would clear the way for the state’s 15-week limit to remain state law. On April 9, the state Supreme Court ruled that the ban should be the state law. Abortion rights advocates are also gathering signatures for a ballot initiative to enshrine abortion rights into the state constitution. Several Arizona House members, including House Speaker Ben Toma, spoke out against the repeal last week.

Persons: Republican Sens, Shawnna, Shope, Katie Hobbs, Roe, Doug Ducey, Donald Trump, Kari Lake, Kris Mayes, Mayes, Court’s Roe, Wade, “, ”, Barrett Marson, Ben Toma, Rachel Jones, ” CNN’s Natasha Chen, Jason Kravarik Organizations: CNN, The Arizona Senate, Republican, Senate, Democratic, adjourns, Arizona Supreme, Republicans, ”, Democrats, Arizona House Locations: Wade, Arizona

☆ Opinion: If Trump wins, I might leave America for good
▼ + stars: | 2024-05-01 | by ( David A. Andelman | ) edition.cnn.com time to read: +9 min

In a growing number of cases, that reason can be traced to one proximate source — former President Donald Trump. Or more precisely — how he has torn apart America and our democracy that, for my nearly 80 years on this planet, I have cherished. To be sure, there are reasons for Americans to make the move beyond the prospects of a second Trump presidency. “There’s a feeling of safety that you have and a feeling of belonging in Mexico,” Kahn continued. But as a good American I went, ‘no, I don’t want to go to the hospital.

Persons: David A, CNN Paris CNN — I’ve, Donald Trump, Pamela, “, ‘, ’ ”, Adrian Leeds, Adrian, we’ve, ” Leeds, “ It’s, it’s, ” Patricia Casaburi, they’ve, ”, ” Tony Kahn, ” Kahn, Kahn, Gordon Kahn, J, Edgar Hoover, “ I’m, I’m, I’ve, he’s, Trump, Daniel Tostado, Skyler Schmanski, He’d, Schmanski, ’, ” Schmanski, Giorgia Meloni, you’re, Casaburi Organizations: CNN, French Legion of, The New York Times, CBS News, CNN Paris CNN, Adrian Leeds Group, Citizen Solutions, Trump, PBS, NPR, America, Hollywood, FBI, Mexico City, Global Citizens Solutions Locations: Europe, Asia, Paris, France, Seine, Tuileries, America, London, Dubai, Mexico City, Mexico, ” Paris, Marseilles, American, Spain, Portugal, Greece, Italy, Brazilian

☆ Opinion: I’m a 16-year-old high school student. This is why young journalists matters.
▼ + stars: | 2024-05-01 | by ( Opinion Quinn Mitchell | ) edition.cnn.com time to read: +5 min

He runs a podcast and has attended over 100 presidential campaign events. I’ve asked presidential candidates pointed and respectful questions. At an “Our Great American Comeback” event in New Hampshire, DeSantis evaded responding to my question about the peaceful transfer of power. Gen Z journalists are often shut down by authoritative figures and officials, and student journalists across the country are not guaranteed complete constitutional First Amendment protection — discouraging active participation from students and rousing fear of litigation. While some might think we’re “too young” to be concerned about or understand national policy, these outcomes determine our future: a future that Gen Z is increasingly concerned about.

Persons: Quinn Mitchell, CNN —, Quinn Mitchell Kristopher Radder, I’ve, who’s, —, ”, Ron DeSantis, DeSantis, “, Nikki Haley, Haley, Young, Z Organizations: CNN, Trump, Republican, Democratic, Florida Gov, South Carolina Gov, Tufts, Twitter Locations: Walpole , New Hampshire, New England, Brattleboro, New Hampshire, Florida

☆ Democrats' dilemma: Which hard-right Republican should they side with?
▼ + stars: | 2024-05-01 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

Mike Johnson is almost certain to survive MTG's effort oust him due to the support of Democrats. But progressives are unsure how to handle the vote, with some citing Johnson's own hard-right views. AdvertisementNext week, Democrats will be siding with a Republican that they've derided as being slavishly loyal to Donald Trump, wedded to evangelical Christian nationalist beliefs, opposed to LGBTQ+ rights, and a danger to American democracy. Some of them haven't decided whether that person is Speaker Mike Johnson or Rep. Marjorie Taylor Greene. After all, House Democrats voted unanimously with Rep. Matt Gaetz of Florida to oust then-Speaker Kevin McCarthy in October.

Persons: Mike Johnson, —, they've, Donald Trump, haven't, Marjorie Taylor Greene, Johnson, — it's, Matt Gaetz, Kevin McCarthy, Mark Pocan, I'm, Alexandria Ocasio, Cortez, Ilhan Omar, Minnesota, Greg Casar, Texas —, Mike Johnson shouldn't, doesn't, Greene, it's, Omar, Ro Khanna, Khanna Organizations: Service, Republican, Democratic, House, — Rep, Congressional Progressive Caucus, CPC, New, CNN, Republicans, Democrats Locations: Georgia, Florida, Wisconsin, Alexandria, Cortez of New York, Texas, Cortez, New York, California, Ukraine, Israel

☆ Axios CEO Jim VandeHei on the 2024 election, Trump vs. Biden rematch and importance of introspection
▼ + stars: | 2024-05-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAxios CEO Jim VandeHei on the 2024 election, Trump vs. Biden rematch and importance of introspectionJim VandeHei, Axios co-founder and CEO and ‘Just the Good Stuff’ author, joins 'Squawk Box' to discuss the state of politics, the 2024 election, life lessons from his new book, and more.

Persons: Jim VandeHei, Biden, Axios, ‘ Organizations: Trump

☆ Trump Media insider trading trial begins with co-founder testifying, 'I've never been paid at all'
▼ + stars: | 2024-05-01 | by ( Dan Mangan | ) www.cnbc.com time to read: +6 min

The first witness in the insider trading case against Bruce Garelick was Andy Litinsky, a co-founder of Trump Media. Garelick has decided to take his chances with a jury after his two co-defendants, the brothers Michael Shvartsman and Gerald Shvartsman, pleaded guilty on April 3 to insider trading charges in the case. Garelick, Bach argued, "acted in good faith at all times." Shahabian repeatedly had Litinsky describe the confidentiality agreements in letters of intent that Trump Media signed with two prospective merger partners, DWAC and Bennessere Capital Acquisition Corp. Asked if he traded stock based on the confidential information, Litinsky likewise replied, "No," noting, "It would be against the rules."

Persons: Bruce Garelick, Amr Alfiky, Donald Trump, Andy Litinsky, Litinsky, Garelick, Michael Shvartsman, Gerald Shvartsman, Gerald, Attorney Elizabeth Hanft, Michael Schvartsman, Jonathan Bach, Bach, Bruce, Michael Shvartsman's, Matthew Shahabian, Wes Moss, Trump, Michael Kovac, Wireimage, Shahabian Organizations: Manhattan Federal Court, Reuters, Trump Media, Trump, Attorney, NBC, Hammerstein, DWAC, Bennessere, Corp Locations: Manhattan, New York City, U.S, Florida, DWAC, Providence , Rhode Island, Miami

☆ DJT shares plummet more than 10% as hot streak for Trump Media stalls
▼ + stars: | 2024-05-01 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Trump Media shares dropped sharply in morning trading Wednesday, shortly after rising above the $50 per share threshold for the first time in nearly a month. Trump Media, which trades under the DJT ticker, rose by more than 8% in early trading, before dropping by more than 10%. The company, which owns the Truth Social app, has seen its share price increase by more than 50% in the past week. Trump Media in a regulatory disclosure Tuesday confirmed that former President Donald Trump received an extra 36 million shares of the company in a so-called earnout bonus. Trump''s stake in Trump Media now stands at 65% of the company's shares, and is worth $5.7 billion at a share price of $50.

Persons: Donald Trump, Trump Organizations: Trump Media

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