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☆ Biden says U.S. economy is world's best. Trump calls it a 'cesspool.' Data is clear.
▼ + stars: | 2024-04-04 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

President Joe Biden is fighting to convince inflation-weary voters that the U.S. economy is healthy. "America has the best economy in the world," he told NBC's Today Show on Monday, laying out an argument that is central to his reelection campaign. "The U.S. economy is leading the way for the global economy. It's driving the global economic train," Moody's Chief Economist Mark Zandi told CNBC. Besides sticky high prices that are projected to cool in the coming year, Zandi said that the fundamentals of the current U.S. economy are nearly ideal: "The economy is picture perfect.

Persons: Joe Biden, NBC's, Donald Trump, Trump, Mark Zandi, Dow Jones, Zandi Organizations: Flex, International Monetary Fund, IMF, CNBC Locations: U.S, West Columbia, South Carolina, America, United States, Georgia

☆ These US restaurants and chefs are 2024 James Beard Award finalists
▼ + stars: | 2024-04-03 | by ( Marnie Hunter | ) edition.cnn.com time to read: +9 min

CNN —A New Orleans restaurant featuring a modern Senegalese tasting menu and an Ethiopia-born chef who studied psychology before turning to a culinary career are among the restaurants and chefs named as finalists for the coveted James Beard Awards. The finalists for the Restaurant and Chef Awards were announced Wednesday in Washington, DC. In the Emerging Chef category, Fariyal Abdullahi, executive chef at Hav & Mar in New York, is among the five finalists. Masako Morishita moved to Washington, DC to be a cheerleader for the Washington Commanders. Fariyal Abdullahi, executive chef at Hav & Mar in New York, is among the five finalists in the Emerging Chef category.

Persons: James Beard, Fariyal Abdullahi, Abdullahi, Chef Marcus Samuelsson’s, Masako Morishita, Andy Thomas Lee, Chef Serigne Mbaye’s, Sarah Minnick, Dean Neff, foodie, James Beard’s, “, ” Beard, Mamba, Nadia Nijimbere, Yenvy Pham, Phở, Chris Viaud, Hollis Wells Silverman, Erika Whitaker, Kelly Whitaker, Michael Rafidi, Renee Touponce, David Uygur, Dallas , TX, Scott Suchman, Justin Hamel, Janet Becerra, Ryan Fernandez, Baker, Susan Bae, Jesus Brazon, Manuel Brazon, Atsuko Fujimoto, Crystal Kass, Valentine, Anna Posey, Gemma, Lula Drake Wine, Morris, Vin, Geoff Davis, Rogelio Garcia, Auro, Maynard Llera, Kuya, Tara Monsod, Billy ” Ngo, Vinnie Cimino, Cordelia, OHJose Salazar, Sarkar, Hajime Sato, Sozai, Jenner, Tony Conte, Jesse Ito, Matt Kern, Harley Peet, Kevin Tien, Ann Ahmed, Rob Connoley, Dan Jacobs, Dan Van Rite, Christina Nguyen, Hai, Tim Nicholson, Brandon Cunningham, Ali Sabbah, Matt Vawter, Penelope Wong, Yuan Wonton, Nick Zocco, Atsushi Kono, Chris Mauricio, Charlie Mitchell, Clover, Jeremy Salamon, Conor Dennehy, Talulla, Maria Meza, David Standridge, Jake Stevens, Cara Tobin, Honey, Avery Adams, Matia, Kristi Brown, Josh Dorcak, Gregory Gourdet, Melissa Miranda, Jamie Davis, The, Rod Lassiter, Parnass Savang, James London, Chubby Fish, Robbie Robinson, Paul Smith, Valerie Chang, Hunter Evans, Jackson, Gabriel Hernandez, Carlos Portela, Rene Andrade, Jeff Chanchaleune, Ma Der, Steve, Steve Riley, Eduardo Rodriguez, Zacatlán, Emmanuel Chavez, Christopher Cullum, Cullum’s Attaboy, Tracy Malechek, Ezekiel, Birdie’s, Misti Norris, Petra, Ana Liz Pulido, Ana Liz Taqueria Organizations: CNN, Lyric Opera, Hav, Culinary Institute of America, Noma, Mar, Washington Commanders, Dakar NOLA, Texas :, James Beard Foundation, The New York Times, D.C, Albi Restaurant, Washington Post, New York Times, Nikko, SC, Comfort, Dakar, Caracas Bakery, Lula, Woodford Food & Beverage, Beverages, Social Haus, UT, New, Pacific, PR Locations: New Orleans, Ethiopia, Washington ,, Chicago, New York, Copenhagen, Washington, Perry’s, Portland , Oregon, Wilmington , North Carolina, Texas, Texas : West Texas, Marfa, Mixtli, San Antonio, Detroit , MI, Seattle, WA, Greenleaf, Ansanm, Milford, Wolfeboro, NH, The Wells, Boulder, Portland, Wilmington , NC, Albi , Washington, The, Lucia, Dallas ,, Albi, Washington , DC, Santa Fe, Marfa , TX, San Antonio , TX, Springs, , New York, NY, Pancita, Kultura, Charleston, Southern Junction, Buffalo , NY, Waitsburg, Lockhart , TX, Carmel, CA, Dorchester, MA, Dakar NOLA , New Orleans, LA, Hayward, McMinnville, Orlando, FL, Nashville, TN, Nixta , Minneapolis, MN, Shan, Bozeman, Albuquerque, NM, Long Beach , CA, Hudson, Bakery, Caracas, Doral, Miami, Phoenix, AZ, Elske, IL, Son, Raleigh , NC, Dallas , TX, Columbia, San Francisco , CA, Anaheim , Anaheim , CA, , Washington, Buffalo, Montpelier, VT, Baltimore, , New Orleans, Brownsville , TX, San Francisco ,, California, Burdell, Oakland, Calistoga, Los Angeles , CA, San Diego , CA, Kru, Sacramento, Lakes, MI, Cleveland, Mita’s, Cincinnati, Indienne, Clawson , MI, Esmé, NJ, PA, Philadelphia, Fenwick, Bas Rouge, Easton, KS, MO, Khâluna, Minneapolis, St, Louis, EsterEv, Milwaukee , WI, Hai Hai , Minneapolis, Omaha, UT, Greenough, MT, Salt Lake City, Rootstalk, Breckenridge, Denver, Urban, Sofreh, Brooklyn, Kono , New York, Harana, Accord, Clover Hill, RI, Cambridge, Dolores, Providence , RI, Leeward, Burlington, Island, MÄS, Ashland, kann, Musang, KY, NC, The Hackney, Washington , NC, Talat, Atlanta, West Columbia, Maty’s, Elvie’s, Verde Mesa, San Juan, Saffron , New Orleans, Bacanora, Oklahoma City, Henderson, NV, Mesa, Tatemó, Houston , TX, Austin , TX, Mission

☆ Population and economy in South Carolina are booming
▼ + stars: | 2024-02-24 | by ( Tami Luhby | Alicia Wallace | ) edition.cnn.com time to read: +12 min

“And, of course, South Carolina is in the heart of the Southeast.”Job seekers check-in to a job fair at a Schneider Electric manufacturing facility in Hopkins, South Carolina, in January 2023. “You can reach about twice as many people within an 8-hour drive from South Carolina as you can from Florida,” he said. “The housing market and the manufacturing industry, particularly in South Carolina, saw a major increase in demand,” Von Nessen said. South Carolina home sale activity fell by double-digits in 2022 but has since started to stabilize, he said. “We’re just treating so many more patients that we don’t have capacity,” said Thornton Kirby, CEO of the South Carolina Hospital Association.

Persons: ” Joseph Von Nessen, Darla Moore, ” Von Nessen, ”, it’s, It’s, Sean Rayford, Barrie Kirk, “, Von Nessen, Micah Green, “ We’re, Thornton Kirby, Malcolm Isley, “ We’ve, ” Isley, Arnold Kamler, Inc . Kent, Kent, Kamler, Nikki Haley, —, Daniel Slim, Scott Huffmon, Donald Trump, Haley, they’d Organizations: CNN, Palmetto State, of Labor Statistics, University of South, of Business, North, SC Council, Competitiveness, Bureau of Labor Statistics, Labor, Midlands Technical College, Technical College Midlands Technical College, Schneider, Bloomberg, Getty, Census, US Federal Reserve, US News, South Carolina Hospital Association, “, Prisma, Health Prisma Health, Greenville Technical College, Health Center for Health, Life Sciences, Kent International, Walmart, Kent, Inc ., Winthrop University, —, Charleston City Market, Winthrop’s Center, Public, Research, Palmetto, Republican, Trump, CBS Locations: South Carolina, South, “, Carolina, Myrtle Beach , South Carolina, North America, University of South Carolina, West Columbia, United States, Hopkins , South Carolina, Florida, droves, Myrtle Beach, ’, Manning, New York City, Georgia, Charleston, AFP

☆ These borrowers are likely to be eligible for Biden's new student loan forgiveness plan
▼ + stars: | 2024-02-20 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

Sean Rayford | Getty ImagesSince the Biden administration's first student loan forgiveness plan was rejected at the Supreme Court, it has been working on creating a new, legally viable relief package. The alternative plan, which has become known as Biden's "Plan B," could forgive the student debt for as many as 10 million people, according to one estimate. While Biden first attempted to cancel student debt through an executive order, he has now turned to the rulemaking process. Borrowers in repayment for 20 years or moreThose who have been carrying their student debt for decades may also benefit. watch nowStudent loan servicers also earn a fee per borrower per month, which advocates say discourages transparency around loan forgiveness opportunities.

Persons: Joe Biden, Sean Rayford, Biden, Persis Yu, George W, Bush, servicers, Yu Organizations: Flex, Biden administration's, Supreme, U.S . Department of Education, Student, Protection, Education Department, Public, Consumer Financial, Bureau Locations: West Columbia, South Carolina

☆ Biden student loan forgiveness plan: Administration reveals who may qualify
▼ + stars: | 2024-02-15 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

President Joe Biden speaks about his economic plan at the Flex LTD manufacturing plant on July 6, 2023 in West Columbia, South Carolina. The Biden administration has released its proposal for which struggling borrowers should qualify for its new student loan forgiveness plan. At one point, it seemed possible that the "financial hardship" category had been dropped from what has become known as Biden's Plan B for student loan forgiveness. While Biden first attempted to cancel student debt through an executive order, he has now turned to the rulemaking process. Over three rulemaking sessions, the negotiators tasked with determining who will be eligible for the president's revised relief plan identified several categories that could signal hardship.

Persons: Joe Biden, Biden, Joe Biden's, Biden's, James Kvaal, Pell Grant, didn't Organizations: Flex, U.S . Department of Education, Finance, Department of Education, Education Department Locations: West Columbia, South Carolina

☆ President Joe Biden wins South Carolina Democratic Primary, NBC News projects
▼ + stars: | 2024-02-03 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

President Joe Biden has won the South Carolina Democratic primary, NBC News projects. Running against Biden were House Rep. Dean Phillips, D-Minn., and self-help author and 2020 Democratic candidate Marianne Williamson. NBC News' Decision Desk projects that Biden will be awarded all 55 Democratic delegates in South Carolina. South Carolina holds open primaries, which means any voter registered in the state is permitted to vote in either party's primary. The president did not win the 2020 Democratic primary in New Hampshire.

Persons: Joe Biden, Biden, Dean Phillips, Marianne Williamson, Donald Trump, —, Williamson, Phillips, Nikki Haley, Biden's Organizations: Flex, South Carolina Democratic, NBC, Biden, Democratic, Republican, South, Palmetto State, . South, The Palmetto, Democratic National Committee, DNC, Democratic Party Locations: U.S, West Columbia, South Carolina, Nevada, Las Vegas, ., . South Carolina, , New Hampshire, New Hampshire

☆ Live updates: Israel-Hamas war, Gaza crisis, US troops killed in Jordan
▼ + stars: | 2024-01-29 | by ( Helen Regan | ) edition.cnn.com time to read: +1 min

US President Joe Biden delivers remarks as he attends a "Sunday Lunch" at the Brookland Baptist Banquet Center in West Columbia, South Carolina, on January 28. Kent Nishimura/AFP/Getty ImagesUS President Joe Biden vowed to hold "to account" those responsible for a drone attack on a US outpost in Jordan, which killed three US Army soldiers and injured at least 34, marking the first time US troops have been killed by enemy fire in the Middle East since the beginning of the Gaza war. US Central Command confirmed the deaths and said eight personnel had to be medically evacuated from Jordan. US officials have said the drone that killed the US service members at Tower 22 was launched by Iran-backed militants and appeared to come from Syria. The US government has not yet named a specific militia they hold responsible.

Persons: Joe Biden, Kent Nishimura Organizations: Center, Getty, Army, US Central Command Locations: West Columbia, South Carolina, AFP, Jordan, Gaza, Iraq, Iran, Syria

☆ CNBC Daily Open: U.S. economy's state of play
▼ + stars: | 2024-01-25 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Jonathan Ernst | ReutersWhat you need to know todayThe bottom lineAll eyes will be on the state of the U.S. economy as the first official reading of fourth-quarter GDP data drops Thursday morning. "Data released [Thursday] may in retrospect turn out to document the one quarter of true 'Goldilocks' conditions," Citi economist Andrew Hollenhorst wrote. Since 2016, a slew of government data was published the day before the GDP report — namely, information on business inventories and trade, which are part of the GDP calculation.

Persons: Joe Biden, Jonathan Ernst, Andrew Hollenhorst, Ian Shepherdson, Shepherdson, —, Jeff Cox Organizations: CNBC, Flex, Reuters, Citi, Pantheon Locations: U.S, West Columbia, South Carolina

☆ ‘That’s Bidenomics at work': White House eager to take credit for retail sales bounce
▼ + stars: | 2024-01-17 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

The White House eagerly took credit Wednesday for December's strong retail sales numbers, which beat expectations due to higher consumer spending during the holiday season. "That's not an accident, that's Bidenomics at work," Press Secretary Karine Jean-Pierre said at a press briefing. Retail sales popped 0.6% in December, above the 0.4% Dow Jones projection. The White House reported last week that it had received nearly 16 million small business applications in the first three years of Biden's presidency. Wednesday's retail sales victory lap came hours after the White House took fresh aim at corporate junk fees, issuing new regulations on big banks for overdraft fees.

Persons: Joe Biden, that's, Karine Jean, Pierre, Dow Jones, Biden, Jean, Biden's, Pierre said, White, Donald Trump Organizations: Flex, White, White House, Biden, Republican Locations: U.S, West Columbia, South Carolina

☆ Biden slams Trump as 'revealing twisted true colors' after Trump says he hopes economy crashes in 2024
▼ + stars: | 2024-01-09 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

The White House took aim at former President Donald Trump after the Republican presidential candidate front-runner said he hoped the economy would crash this year rather than during his theoretical second term. Economists have forecast economic slowing in 2024, but consensus has not gone so far as to cry recession. The White House used Trump's comment as an opportunity to tout Biden's economic wins and to draw contrasts with the previous administration. Trump has taken advantage of Biden's struggling economic narrative on the campaign trail, reminiscing on what he claims was a golden economy under his administration. Under Trump, the economy expanded for several years but the stock market ultimately came crashing down in 2020 at the advent of the pandemic while Trump was still in office.

Persons: Joe Biden, Donald Trump, Andrew Bates, Trump, Herbert Hoover, Hoover's, Biden, Bates Organizations: Flex LTD, White, Republican, Lindell, Dow Jones Industrial, Trump Locations: U.S, West Columbia, South Carolina

WASHINGTON (AP) — Jill Biden hosted a White House listening session on Monday with about 60 female faith leaders, community leaders and others, including the South Carolina pastor's wife whom she credits with helping restore her faith in God after the Bidens' son Beau died of cancer in 2015. Jackson's husband is pastor of Brookland Baptist Church in West Columbia, where the women met when Joe Biden visited in 2019 as he campaigned for the Democratic presidential nomination. South Carolina is the state that helped set Joe Biden on the path to becoming the nominee in 2020, a feat he hopes to replicate next year as a candidate for reelection. Jill Biden discussed her faith journey during a visit to the church in 2021. Perhaps some of you are even going through it right now,” Jill Biden said.

Persons: — Jill Biden, Carolina pastor's, Beau, Robin Jackson's, Joe Biden, Jill Biden, Jackson, “, ” Jill Biden, Joe, ” Organizations: WASHINGTON, Brookland Baptist Church, Democratic, White Locations: Carolina, Brookland, West Columbia

☆ Biden's economic approval rating rises slightly, but is still just 37% despite 'Bidenomics' push
▼ + stars: | 2023-07-20 | by ( Steve Liesman | ) www.cnbc.com time to read: +5 min

The president's economic approval rating inched up by 3 percentage points compared with the prior survey in April, with a 4-point drop in disapproval. Zoom In Icon Arrows pointing outwardsThe survey showed small gains in Americans' views on the economy, though to levels that remain depressed. The percentage of Americans saying the economy is excellent or good rose 6 points to a still-low 20%. And Americans believe Republicans have better policies than Democrats to handle the key economic issues, often by substantial margins. Republicans lead Democrats by double digits when asked which party would do a better job on the economy, inflation and improving the respondent's personal financial situation.

Persons: Joe Biden, Jonathan Ernst, Joe Biden's, Jay Campbell, Campbell, …, Biden, Micah Roberts, Republican pollster, That's Organizations: Flex, White, CNBC, America Economic, Hart Research, Democratic, Republicans, Republican Locations: U.S, West Columbia, South Carolina

elites” and his disappointment in Mr. Trump for failing to fire Dr. Anthony S. Fauci, who helped lead the Covid-19 response in the final year of the Trump administration. On Tuesday morning, Mr. DeSantis discussed military policy outside Columbia, the capital of South Carolina, a state that is dependent on military bases and has a large veteran population. Mr. DeSantis has avoided mainstream news outlets, hoping to take his message directly to conservative audiences. Large donors have met in recent days with Mr. Scott and the wealthy entrepreneur Vivek Ramaswamy. The DeSantis political operation may be strengthening its jabs against Mr. Trump.

Persons: DeSantis, Trump, ”, Anthony S, Fauci, Jake Tapper, Scott, Vivek Ramaswamy, Kim Reynolds Organizations: Chinese Communist Party, “, CNN, DeSantis, Politico Locations: Tega Cay, S.C, North Carolina, Columbia, South Carolina, West Columbia

Earlier Tuesday, DeSantis said that Trump “could’ve come out more forcefully” to stop the insurrection on January 6, 2021. DeSantis told Tapper on Tuesday that he has the resources to compete in the face of reports from over the weekend about his financial position. About 90 people were on the DeSantis campaign payroll during the second quarter. Over the weekend, a spokesperson for DeSantis’ campaign confirmed to CNN it let go of some staffers, after Politico reported that “fewer than 10 staffers” in event planning were cut on Thursday. “I would respect everybody, but what I wouldn’t do is turn society upside down to be able to accommodate, which is a very, very small percentage of the population,” DeSantis told CNN.

Persons: Ron DeSantis, CNN’s Jake Tapper, Donald Trump, DeSantis, “ They’ve, I’ve, ” DeSantis, –, Tapper, ”, “, wokeness can’t, could’ve, Trump, he’s, Jack Smith, Jason Miller, ” Miller, I’m, South Carolina Sen, Tim Scott, Vivek Ramaswamy, Chris Christie, “ We’re, they’re Organizations: CNN — Gov, US Department of Defense, wokeness, GOP, Trump, CNN, Florida Republican, Pacific, Republican, University of New, South Carolina, New, New Jersey Gov, Politico, Republican Party Locations: Ukraine, Florida, ”, West Columbia, Tallahassee, Europe, Asia, China, “, Taiwan, South Carolina, University of New Hampshire, Republican New Hampshire, South, New Jersey, Granite State, Iowa

President Joe Biden speaks during a stop at a solar manufacturing company that's part of his "Bidenomics" rollout on Thursday, July 6 in West Columbia, S.C. Meg Kinnard/APPresident Joe Biden reacted to the latest jobs report numbers Friday morning, saying that they are evidence of “Bidenomics in action.”“We are seeing stable and steady growth. That’s Bidenomics—growing the economy by creating jobs, lowering costs for hardworking families, and making smart investments in America,” Biden said in the statement. The US added 209,000 jobs, the Bureau of Labor Statistics reported Friday, a cooler than expected report and the lowest monthly gain since December 2020. However, with all three major US indexes falling Friday morning, investors are clearly concerned that the cooling of the economy may not be enough to stop the Federal Reserve from once again raising rates.

Persons: Joe Biden, Meg Kinnard, ” Biden Organizations: of Labor Statistics, Federal Reserve Locations: West Columbia, America

☆ Simple, Satisfying 3-Ingredient Barbecue Sauces
▼ + stars: | 2023-06-27 | by ( Steven Raichlen | ) www.nytimes.com time to read: 1 min

South Carolina’s contribution to regional American barbecue is mustard sauce. Barbecue buffs — from Columbia, S.C., through Georgia, and in parts of Kentucky and Florida — understand the wonders that mustard can work on pork; how the spice enhances the meat’s sweetness, while the acidity cuts through the fat. Mustard may be the addition of the German immigrants who settled in South Carolina in the 18th century and whose descendants opened barbecue restaurants still revered in the state, such as Bessingers in Charleston, Sweatman’s in Holly Hill and Hite’s in West Columbia. A good mustard sauce is a study in balance: the bite of mustard and mouth-pucker of vinegar offset by the sweetness of honey or brown sugar. Tradition calls for using ballpark-style mustard, but try the suaveness of Dijon-style mustard or a grainy mustard from Meaux in France.

Persons: — Locations: Columbia, Georgia, Kentucky, Florida, South Carolina, Charleston, Sweatman’s, Holly Hill, Hite’s, West Columbia, Dijon, Meaux, France

☆ US warns of potential 5G delays for airplanes without updated altimeters
▼ + stars: | 2023-06-23 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

Last year, Verizon VZ.N and AT&T T.N voluntarily agreed to delay some C-Band 5G usage until July as air carriers worked to retrofit airplane altimeters. Delta Air Lines (DAL.N) said Friday its supplier told the airline it would not have enough radio altimeters for Delta’s entire fleet by July 1. Approximately 190 Delta narrowbody aircraft are not yet equipped with updated radio altimeters including all A220s, most A319s and A320s, and some A321s. All Delta widebody aircraft will be equipped with updated radio altimeters prior to July 1, the airline said. Reuters first reported in March that major U.S. wireless carriers agreed to some voluntary actions to address aviation safety concerns.

Persons: Robert Bryan, Read, Pete Buttigieg, Buttigieg, T.N, David Shepardson, Chizu Organizations: Eagle Aviation, Columbia Metro, . Transportation, Airlines for, Verizon, Carriers, Air Lines, Delta, Reuters, Mobile, Federal Aviation Administration, FAA, Thomson Locations: West Columbia, South Carolina, U.S, WASHINGTON, Airlines for America

☆ U.S. will not extend July 1 5G airplane retrofit deadline
▼ + stars: | 2023-05-02 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

REUTERS/Sam WolfeWASHINGTON, May 2 (Reuters) - U.S. Transportation Secretary Pete Buttigieg told airlines on Tuesday the Biden administration does not plan to extend a July 1 deadline for airlines to retrofit airplane altimeters to address potential interference, the department confirmed. Buttigieg told airlines on a call the department does not plan to extend the deadline and urged them to work aggressively to continue retrofitting airplanes. Last year, Verizon (VZ.N) and AT&T (T.N) voluntarily agreed to delay some C-Band 5G usage until July 1 as air carriers worked to retrofit airplane altimeters. Separately, the FAA on Tuesday proposed seven airworthiness directives (ADs) for many Boeing (BA.N) aircraft due to the potential for 5G C-band interference. They require revising aircraft flight manuals by June 30 to prohibit some landings and include specific operating procedures for calculating landing distances and certain approaches when in the presence of 5G C-band interference.

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