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☆ A US Navy transport ship deployed to help operate the floating port in Gaza returned home after an engine fire
▼ + stars: | 2024-04-18 | by ( Konstantin Toropin | ) www.businessinsider.com time to read: +5 min

A US Navy ship deployed to help build a floating pier in Gaza returned home after an engine fire. USNS 2nd Lt. John P. Bobo deployed to transport equipment to operate the temporary port. AdvertisementAn M1A1 Abrams tank is off-loaded from the USNS 2nd Lt. John P. Bobo off the shore of Pohang, Republic of Korea. AdvertisementUSNS 2nd Lt. John P. Bobo and USNS Pililaau anchor off the coast of Pohang, Republic of Korea. Australian dock workers secure USNS 2nd Lt. John P. Bobo while members of the U.S. Navy, Marine Corps and Australian Defence Force begin offloading.

Persons: John P, Bobo, —, Pat Ryder, Cpl, Mark W, Stroud, MV Roy P, Baldomero Lopez, Sal Mercogliano, Military.com, Frank S, Besson, Joshua Fulton, Mercogliano, horrendously, I've, You've, Scott Reel, Ryder Organizations: US Navy, USNS, Service, Navy, Pentagon, Army, MV, sealift, Naval Beach, USNI News, U.S . Navy, Marine Corps, Australian Defence Force, Defense Department Locations: Gaza, Jacksonville , Florida, Pohang , Republic of Korea, Tenerife, Africa, Azores, Souda, Greece

☆ Opinion: A Black man’s view on what Biden should do for the White working class
▼ + stars: | 2024-03-06 | by ( Opinion Keith Magee | ) edition.cnn.com time to read: +10 min

Could President Biden, who claims to have labor-friendly policies, be the one to turn the tide by appealing to the White working class and giving his party a much-needed electoral boost in the process? After all, issues affecting poor White voters, such as health care, higher education and increased access to childcare have long been traditional Democratic priorities. That gaffe echoed Obama’s off-the-cuff remark in 2008 that “bitter” low-income voters “cling to guns or religion” — comments that didn’t endear him to the White working class, either. Some White voters of modest means perceive Democrats as being determined to secure equality for minority groups at their expense. And working-class White Americans tended for some reason not to perceive Obamacare — the president’s signature social policy achievement — as immediately benefiting them.

Persons: Keith Magee, I’m, Donald Trump, Keith Magee Arron Dunworth, pollsters, Biden, White, ”, Du Bois, Bill Clinton, Hillary Clinton —, They’ve, —, MAGA, Hillary Clinton’s horrendously, Caroline Graham of, Barack Obama’s, Obama, Obamacare, Trump, –, you’ll, ” —, Martin Luther King, Jr, Will Biden Organizations: University College London Institute for Innovation, Newcastle University, CNN, Republicans, White, Democratic, Trump, Brookings Institution, Infrastructure Investment, Jobs, United Auto Workers, Poor Locations: American, America, Trump, Michigan, Thursday’s

☆ Why a Supreme Court easy out in Trump ballot battle could lead to post-election chaos
▼ + stars: | 2024-02-13 | by ( John Fritze | Marshall Cohen | ) edition.cnn.com time to read: +7 min

CNN —When it comes to deciding whether former President Donald Trump should be booted from Colorado’s ballot, the easiest path the Supreme Court could take now may wind up causing the most chaos early next year. In the ballot litigation, Trump is appealing a decision from the Colorado Supreme Court in December that he incited the attack on the US Capitol as electoral votes were being counted in 2021. Arguments at the US Supreme Court last week focused less on whether there was an insurrection and more on technical questions about whether states may enforce the ban. A political fight over eligibility would likely be limited to Congress, but it could sweep the Supreme Court back into the thicket, as well. “Depending on just how horrendously ugly the situation could get, the court might feel compelled to become involved,” Foley said.

Persons: Donald Trump, ”, Gerard Magliocca, Trump, Magliocca, Jack Smith, John Roberts, Van Jones, “, Edward Foley, ” Foley, Ketanji Brown Jackson, Joe Biden, Jason Murray, ” Jackson, ” Murray, Murray, Derek Muller, –, Muller, Katelyn Polantz Organizations: CNN, Trump, Indiana University, Democratic, “, DC Circuit, Colorado Supreme Court, Capitol, US, Electoral College, The Ohio State University, Notre Dame Locations: Colorado, United States

☆ 'It's going to be bloody': Why Israel's long war ahead will be nothing like what it's faced before
▼ + stars: | 2023-11-03 | by ( Natasha Turak | ) www.cnbc.com time to read: +5 min

Israel Defense Forces | ReutersIsraeli Prime Minister Benjamin Netanyahu warned his country that a "long and difficult war" lay ahead. The Israeli Defense Forces, after launching the largest military mobilization of troops in its history, has now entered into the "second phase" of its war against Hamas in the Gaza Strip. Civilians try to reach survivors, dead bodies amid destruction caused by Israeli strikes on Bureij refugee camp located in central Gaza Strip on November 02, 2023. A ground offensive is necessary to achieve Israel's goal of eliminating Hamas, which controls the Gaza Strip, the IDF says. A prolonged invasion, however — should it become that — will be bloody and costly not only for those living in Gaza but for the Israeli military as well, military veterans and analysts say.

Persons: Benjamin Netanyahu, what's, Ashraf Amra, Herzi Halevi, Jim Webb, Webb, Mahmud Hams, Hussein Ibish, Israel, Ibish, Israel horrendously Organizations: Israel Defense Forces, Hamas, Reuters, Israeli Defense Forces, Hamas –, U.S, Anadolu Agency, Getty, U.S . Marine, CNBC, Brigades, Afp, Gulf States Institute Locations: Gaza, Israel, Palestinian, Philadelphia, Gaza City, Iraq, U.S, Afghanistan, Hamas, Mahmud, Washington

☆ The US is borrowing too much money, and that's what's driving rates higher, former Dallas Fed President says
▼ + stars: | 2023-10-31 | by ( Aruni Soni | ) www.businessinsider.com time to read: +3 min

The US is borrowing too much money and that's what is keeping rates up, the ex-Dallas Fed Chair says. AdvertisementAdvertisementThe higher for longer outlook for interest rates sparked a historic crash in Treasury bonds this month, but there's another factor that's set to keep yields higher going forward, and that's US fiscal policy. According to former Dallas Federal Reserve President Richard Fisher, massive government borrowing needed to fund massive spending will be a culprit of higher bond yields. "I believe what's driving rates higher and what will keep them higher for longer is our fiscal policy," Fisher told CNBC on Tuesday. Compounding the issue of soaring debt is rising interest rates, as borrowing costs rocket higher amid the Federal Reserve's fight against inflation.

Persons: Fisher, —, Richard Fisher, Rowe Price's Organizations: Dallas Fed, Service, Dallas Federal, CNBC, Treasury Locations: Europe

☆ President Trump's arraignment on federal charges is a grave moment for the nation
▼ + stars: | 2023-06-13 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

For the first time in history, the nation is seeking to put on criminal trial a person who was elected to lead it as president. His indictment, brimming with details on Trump’s disastrously lax handling of classified materials, shocked many government veterans. (The DOJ has closed its investigation into Pence, while the special counsel probe of Biden’s handling of classified documents is ongoing.) “If this indictment is true, if what it says is actually the case, President Trump was incredibly reckless with our national security,” Haley said on Fox News. Typically, federal ranking officials are highly protective of classified material, knowing that even a lapse in the handling of one document could get them in trouble with the law, or land them in jail.

Persons: CNN —, Donald J, Trump, Utah Sen, Mitt Romney, “ I’m, ” Romney, it’s, He’s, Joe Biden’s, Jack Smith, ”, John Bolton, “, …, Donald Trump’s, ” Trump, Waltine, –, Smith, General Merrick Garland, Kevin McCarthy, Biden, Mike Pence, Pence, Nikki Haley, ” Haley, he’s, “ Donald Trump, Carolina Sen, Lindsey Graham, Florida Sen, Marco Rubio, Garland, ” Rubio, It’s, Donald Trump, Valerie Plame, Bush, Joseph Wilson, Plame, Jake Tapper Organizations: CNN, Trump, Republican, Trump didn’t, “ CNN, Justice Department, Biden, Republicans, GOP, DOJ, South Carolina Gov, Fox News, United Nations, ABC, Senate Intelligence, CBS, CIA Locations: United States, America, Miami, Utah, Manhattan, Georgia, Carolina, Florida, Lago, Bedminster, Iraq

☆ Greece’s reform labours are only half complete
▼ + stars: | 2023-06-05 | by ( Hugo Dixon | ) www.reuters.com time to read: +6 min

Greece’s large current account deficit and domestic corruption undermine its attraction as an investment destination. The issue, rather, is whether Greece will be able to attract investment in the quantities needed for it to fulfil its potential. What’s more, investment is still only 14% of national income, even though this measure expanded during Mitsotakis’ first term as prime minister. Well-designed tax and benefit reforms could even reduce the country’s unemployment rate, which is currently 12%, thereby increasing its productive potential. All this would provide a buffer if Greece or the world economy is hit by further shocks in coming years.

Persons: Hercules, Mitsotakis, Bruegel, Peter Thal Larsen, Oliver Taslic Organizations: Reuters, Union, International Monetary Fund, Bank of, Reuters Graphics Reuters, Twitter, Thomson Locations: ATHENS, Greece, Mitsotakis ’, Bank of Greece, Mitsotakis

☆ Size of Jurassic sea giant found, study says
▼ + stars: | 2023-05-16 | by ( Kristen Rogers | ) edition.cnn.com time to read: +6 min

The findings from the Late Jurassic period, though fragmentary, suggest the pliosaur was about twice the size of a killer whale — and move lead study author David Martill closer to redemption. However, he cautioned that an increase in length corresponds with an “exponential increase in volume … placing a biological limit on the upper size pliosaurs could reach.” Smith wasn’t involved in the study. Pliosaurs were “a group of large carnivorous marine reptiles characterized by massive heads, short necks and streamlined tear-shaped bodies,” according to Britannica. Benton wasn’t involved in the study. “Here is a marine reptile as large as a sperm whale, and there’s nothing like it around today.”

☆ 'The mood is really grim': Washington Post staffers lived at publisher Fred Ryan after layoff announcement
▼ + stars: | 2022-12-15 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

New York CNN —Staffers at The Washington Post are livid at publisher Fred Ryan. Video posted on Twitter by national reporter Annie Gowen showed Ryan walk off stage as staffers peppered him with questions. In fact, I haven’t spoken to a single person at The Post yet who has gone to bat for the publisher. Buzbee indicated to staffers on Wednesday that she had only learned about the layoff situation the night before. “The mood is really grim,” one staffer candidly told me.

☆ Netflix's best Thanksgiving movie is not streaming: 'Glass Onion'
▼ + stars: | 2022-11-24 | by ( Ani Bundel | Ani Bundel Is A Cultural Critic Who Has Been Writing Regularly Since Her Work Can Also Be Found At Elite Daily | Weta'S Telly Visions | ) www.nbcnews.com time to read: +6 min

“Glass Onion: A Knives Out Mystery” is a bit of a clunky title. But the film itself, which only ever calls itself “Glass Onion” on screen, is a delightful trifle of a mystery movie, a laugh-out-loud comedy that deserves to be a mass market theatrical hit. Perhaps “Glass Onion” is better experienced on streaming — at least philosophically. But perhaps “Glass Onion” is better experienced on streaming — at least philosophically. That being said, “Glass Onion” is as wonderfully enjoyable as its predecessor, even though there’s little need to connect the two.

☆ Want to buy a house, but spooked by 7% rates? A mortgage broker lays out 4 things to do to make it happen.
▼ + stars: | 2022-11-05 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +6 min

Top mortgage broker Erica Davis gave 4 tips for people hoping to buy despite the high rates. But there's hope for those that want to forge ahead and buy a house anyway, Erica Davis, a mortgage broker at Guild Mortgage, a Myrtle Beach, South Carolina-based firm, told Insider. Not only are rates high, but closing costs are high, too. For a $300,000 mortgage, closing costs will likely be between $6,000 and $15,000. A credit score of 620 — which is in the "fair" range — or higher can generally allow buyers to secure a mortgage, according to Quicken Loans, a mortgage-loan provider.

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