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Here's what Harris and Trump got right and wrong on the debate stage in Philadelphia. Fact check: Trump calls Harris’ dad a Marxist“Her father’s a Marxist professor in economics, and he taught her well," Trump said. Fact check: Trump claims Harris ‘wants to confiscate your guns’“She wants to confiscate your guns,” Trump claimed. We’re not taking anybody’s guns away.”Fact check: Harris says Trump oversaw manufacturing job losses“Donald Trump said he was going to create manufacturing jobs. Fact check: Trump says he has ‘nothing to do with Project 2025’“I have nothing to do with Project 2025.

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☆ Trump aide 'pushed' Arlington cemetery employee who tried to enforce rules, Army says
▼ + stars: | 2024-08-29 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +3 min

who were injured at the Abbey Gate Bombing, during a wreath-laying ceremony at the Tomb of the Unknown Soldier at Arlington National Cemetery on August 26, 2024 in Arlington, Virginia. An aide to Republican presidential nominee Donald Trump "abruptly pushed aside" an Arlington National Cemetery employee who tried to ensure that Trump and his entourage adhered to federal laws and policies that "clearly prohibit political activities on cemetery grounds," a U.S. Army spokesperson said Thursday. The spokesperson said that participants in Trump's visit to Arlington and the visit to Section 60 graves were made aware of laws barring political activities on military cemetery grounds, such as Arlington. The Army called out the Trump camp's efforts to smear the cemetery employee in an unusually direct public statement. Steven Cheung, a spokesperson for the Trump campaign, said the Arlington employee initiated the physical altercation.

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☆ Restaurants fight back against the FTC crackdown on 'junk fees' as diners balk at new charges
▼ + stars: | 2024-08-24 | by ( Amelia Lucas | ) www.cnbc.com time to read: +7 min

Leopatrizi | E+ | Getty ImagesLawmakers want to crack down on "junk fees," but restaurants are trying to stay out of the fight. The Biden administration has broadly targeted so-called junk fees, like an undisclosed service charge for concert tickets or unexpected resort fees when checking out of a hotel. The Biden Administration is attempting to crack down on so-called "junk fees" in retirement accounts with a rule prosed by the U.S. Labor Department. Lobbyists vs. legislatorsOn the state level, restaurants have already had some success in getting excluded from the fight over junk fees. California's SB 478 law would ban so-called "junk fees".

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Aiming to unseat three-term Democratic incumbent Jon Tester, Sheehy is founder of Montana-based Bridger Aerospace, an aerial firefighting company. On July 1, Sheehy resigned as chief executive of Bridger to focus on his Senate campaign; the company is seeking a replacement. In mid-June, an editorial in The Wall Street Journal echoed Griffin’s view, branding Sheehy’s company Bridger a success. The PAC spent $5.3 million for Sheehy and $5.7 million against his opponent, Tester, records show. In 2022, Sheehy’s cash and stock compensation neared $5 million, and last year, he received $2.5 million, Bridger’s proxy says.

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Top Military Banks of 2024Compare the Best Military Banks and Credit UnionsThe best military banks and credit unions offer benefits to military members and their families. Competitive Rates and Low FeesThe best military credit unions and banks, just like the best credit unions and banks for civilians, offer great rates and low fees. The Best Military Banks and Credit Unions FAQsWhat advantages do military banks and credit unions offer over civilian banks? Military banks and credit unions provide services that address the challenges military members experience. For our guide we looked at military banks, military credit unions, and financial institutions that aren't specifically for the military but have products geared toward military members.

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☆ US-Mexico border security is stretching troops thin, placing demands 'not related to their military mission set,' National Guard chief says
▼ + stars: | 2024-07-19 | by ( Steve Beynon | ) www.businessinsider.com time to read: +7 min

For decades, the National Guard has had some level of presence on the southwest border. The border mission is mostly static security and surveillance, but troops typically are not allowed to interact directly with migrants or suspected smugglers. It also has been contributing to retention issues that have plagued the Army National Guard. The move sparked numerous questions on the ethics and legality of privately funding National Guard operations — and came as Noem was boosting her national profile. The National Guard has frequently been caught in the middle between state politicians and federal officials.

Persons: —, Daniel Hokanson, Military.com, Greg Abbott's, Chip Somodevilla, Hokanson, Herika Martinez, Christine Wormuth, JOSEPH PREZIOSO, Kristi Noem, megadonor Willis Johnson, Noem Organizations: Service, National Guard, Guard's, Business, Gov, Lone Star, Capitol Hill, US, Army National Guard, Army Guard, Guardsmen, Texas National Guard, AFP, Getty, Army, Guard, Massachusetts National Guard, South Dakota Republican Gov, Governors Locations: Mexico, Texas, Kuwait, Iraq, Afghanistan, Ukraine, Africa, AFP

☆ Election Live Updates: Republicans Leave Convention Unified Around Trump
▼ + stars: | 2024-07-19 | by ( Jim Rutenberg | Adam Nagourney | ) www.nytimes.com time to read: +74 min

And there was great, great sorrow. They’re going to be OK. They’re going to be doing very well. Now he’s going to get on the plane in a little while and he’s going to go back home to his wife. Great, great student at Yale. So many — just so many heroes, so many great, great people.

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☆ More teens are working. Here's why a job is 'becoming more compelling' for them, economist says
▼ + stars: | 2024-07-18 | by ( Genna Contino | ) www.cnbc.com time to read: +2 min

Last month, more than 5.7 million 16- to 19-year-olds participated in the labor market, Bureau of Labor Statistics data shows, marking the highest teen employment rate in June since 2007. Economists say more teens have been drawn to the workforce because of a hot labor market with more attractive wages. And as long as the economy stays strong, experts aren't expecting a dip in teen employment on the horizon. Economists say the overall direction teen employment takes depends heavily on where the economy is headed. A perfect storm of a tight labor market, rising wages, high education costs and curbed immigration could result in continued higher youth employment, Nestler said.

Persons: Jeff Greenberg, aren't, Brad Hershbein, Hershbein, Young, Matthew Nestler, they're, Nestler Organizations: Universal, Getty, of Labor Statistics, . Upjohn Institute, Employment Research, KPMG, CNBC Locations: Miami Beach , Florida

☆ Could Apple become a $4T stock in the next year? At least one analyst says yes
▼ + stars: | 2024-07-08 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

So much for the $3 trillion club: Investors and Wall Street analysts alike are now talking about when Apple might top a $4 trillion stock market value. For those keeping score, Apple closed above a $3 trillion market value just over one year ago. AAPL YTD mountain Apple (AAPL) year-to-date performance Apple shares reached an all-time intraday high to start the week, continuing last week's terrific start to the second half of 2024. Slower iPhone sales in China, which account for nearly 20% of Apple's overall revenue, dogged the stock into April. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer, Siri, ChatGPT, Dan Ives, Wedbush, Jim, Gillette, Jim Cramer's, Scott Eells Organizations: Wall Street, Apple, Microsoft, Nvidia, Apple Intelligence, Developers, Services, Cook & Co, CNBC, Nasdaq, Bloomberg, Getty Locations: China, New York

☆ Opinion | Biden Restores Honor to Thousands of L.G.B.T.Q. Service Members
▼ + stars: | 2024-06-25 | by ( Anna Marks | ) www.nytimes.com time to read: +2 min

President Biden’s decision on Wednesday to pardon thousands of L.G.B.T.Q. service members who had been unfairly punished, discharged or court-martialed for their sexual orientation or gender identity was long overdue. His proclamation will restore benefits and honor to 2,000 or so service members, just atonement for the U.S. military’s long, discriminatory history against L.G.B.T.Q. service members were outed upon returning home, which inevitably led to further discrimination. Their efforts culminated in the end of the notorious “Don’t Ask, Don’t Tell” policy in 2011.

Persons: Biden’s, Allan Bérubé, Harry Truman, ”, Don’t Organizations: U.S, L.G.B.T.Q, Military

☆ Kia recalling 463,000 Telluride SUVs because the driver’s seat can catch fire
▼ + stars: | 2024-06-07 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +2 min

CNN —Kia is warning owners of almost 463,000 of its popular Telluride SUVs in the United States to keep them parked outside and away from buildings because the front seats could start burning. The recall involves 2020 through 2024 Kia Telluride models. In 2023, another customer complained of a smoke smell from the passenger-side power seat, which wasn’t working. In 2024, at least one Kia owner reported that the driver’s seat caught fire while they were driving. An investigation by Kia concluded that the problem was with the power seat switches that could be damaged in a way that causes its motor to overheat.

Persons: CNN — Kia, Kia Organizations: CNN, Telluride, National, Traffic Safety Administration, Kia Telluride, Kia, NHTSA Locations: United States, Telluride, California, Georgia

☆ Sick of 'tip creep'? 5 times it's OK not to tip, according to etiquette experts
▼ + stars: | 2024-06-07 | by ( Ryan Ermey | ) www.cnbc.com time to read: +5 min

"So if you're not tipping in those scenarios, you're really taking money out of the server's pocket." Still, etiquette experts say there are situations where you may feel pressured to tip but are by no means required to. To be clear, the etiquette experts aren't saying to avoid tipping at the counter — merely that it's at your discretion. "It's a nice gesture to offer a tip to a worker who goes above and beyond the service," Swann says. "From an etiquette standpoint, we still tip the servers who are bringing us our food," he says.

Persons: It's, Ted Rossman, There's, Thomas Farley, Mister Manners, Elaine Swann, Swann, they've, Farley Organizations: Newark Airport, Swann School of Protocol . Service Locations: Bankrate, Denver

☆ There are 4 reasons tech's dominance over the stock market could end this year
▼ + stars: | 2024-06-03 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

Technology stocks have dominated the market for more than a decade. However, strong outperformance in tech may begin to spread to other sectors of the stock market, according to BofA. Here are four reasons tech stocks' dominance could end later this year, according to the bank. AdvertisementThe technology sector's dominance over the stock market could finally end later this year, according to Bank of America. Advertisement"As earnings accelerate outside of Tech, investors will likely become more price sensitive and seek out cheaper earnings growth," Subramanian said.

Persons: —, Savita Subramanian, Subramanian, COVID Organizations: Service, Bank of America, Tech, Federal Reserve, Treasury, Bank of, Technology, Communication Services, Nvidia, hyperscalers Microsoft, Rockwell Automation, ROK Locations: Tech, China, Japan

☆ Best Buy surges on signs that the expected AI-driven PC and smartphone refresh is starting
▼ + stars: | 2024-05-30 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Bottom Line This was a better-than-feared quarter from Best Buy. Services are an area that Best Buy can lean into and leverage to differentiate from online retailers like Amazon . Importantly, she noted that not only will Best Buy have the largest assortment of AI-enabled PCs but over 40% of that assortment will be exclusive to Best Buy. Going back to how Best Buy can compete with the likes of Amazon, Best Buy is working closely with vendors on marketing strategies and demonstrations to offer a "unique educational and interconnected digital shopping journey." Bimal Tandel photographs Bhavin Tandel and Dinesh Tandel, crew members on the Klara Oldendorff, in front of a Best Buy in Timonium, Maryland, U.S., March 29, 2024.

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☆ How a global seafood giant broke Red Lobster
▼ + stars: | 2024-05-25 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +15 min

Former Red Lobster employees say that while the pandemic, inflation and rent costs impacted Red Lobster, Thai Union’s ineptitude was the pivotal factor in Red Lobster’s decline. Kenny criticized Red Lobster employees at meetings and made derogatory comments about them, according to former Red Lobster leaders who worked closely with Kenny. Red Lobster’s annual customer count has dropped by 30% since 2019, Red Lobster said in its bankruptcy filing. Red Lobster employees say they were pressured by Thai Union representatives to buy more seafood from Thai Union. Thai Union representatives also began sitting in on meetings between Red Lobster and seafood suppliers, said one of the former Red Lobster employees who witnessed these conversations.

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Binance is finding 300,000 fake addresses every week, mainly on Ethereum and Bitcoin networks. AdvertisementAs crypto thieves find more creative ways to trick people, so do those trying to crack down on them. Binance, a major crypto exchange, told Business Insider that it has developed an algorithm to spot fake crypto addresses — used in so-called "address poisoning" scams. According to Binance, the company's algorithm is detecting some 300,000 fake addresses every week, mostly on Ethereum and Bitcoin networks. The FBI warns that services offering to return money to the victims of crypto scams might actually also be scams themselves.

Persons: —, it's, Binance Organizations: Service, Services, FBI

☆ Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
▼ + stars: | 2024-05-16 | by ( Stephanie Landsman | ) www.cnbc.com time to read: +2 min

Even though affluent shoppers helped drive the retailer's latest beat on quarterly results, former Walmart U.S. CEO Bill Simon warns they'll be hard to keep. His warning comes with Walmart stock hitting all-time highs going back to August 1972, when it began trading on the New York Stock Exchange. Last October on "Fast Money," Simon warned bargains were losing their magic because consumers were starting to buckle for the first time in a decade. "As long as there's inflation and those tail winds that come from particularly from food inflation, more traffic will come to the Walmart store," said Simon. "When inflation abates and service becomes more important than price, some of those tail winds will become headwinds," Simon said.

Persons: Bill Simon, they'll, it's, CNBC's, abate, Simon Organizations: Walmart, Walmart U.S, New York Stock Exchange, Darden Restaurants

☆ UK GDP growth: Country exits recession as services bounce back
▼ + stars: | 2024-05-10 | by ( Hanna Ziady | Anna Cooban | ) edition.cnn.com time to read: +2 min

The increase follows falls of 0.3% in the fourth quarter and 0.1% in the third quarter of last year. The Bank of England now expects UK GDP to expand by 0.5% this year, double the pace forecast in February, according to projections published Thursday. A growing economy could, however, delay the interest rate cuts widely expected this year. “Stronger GDP growth raises the risk of stronger demand pressures on inflation,” analysts at Nomura wrote in a note, adding that Friday’s GDP release “casts doubt” over a cut in June. Annual UK inflation came in at 3.2% last month, a sharp slowdown from a rate above 10% about a year ago.

Persons: Rishi Sunak, Sunak, Nomura, ”, Andrew Bailey, Bailey Organizations: London CNN, Gross, Office, National Statistics, Conservative Party, Labour Party, The Bank of England, P Global . Service, Bank of England Locations: United Kingdom

☆ The Fed would only cut rates to help the U.S. service its soaring debt, fund manager says
▼ + stars: | 2024-05-01 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

The only reason the Federal Reserve might be tempted to cut rates would be to help the U.S. cover interest payments for the national debt, according to fund manager Freddie Lait. The Fed is widely expected to keep its benchmark overnight borrowing rate in a range between 5.25%-5.5%. Traders are currently only pricing in about a 50% chance of a Fed rate cut taking place as early as September and expect just one quarter-percentage-point reduction by the end of the year, according to the CME FedWatch Tool. The reason they might cut is because the U.S. government can't afford [them not doing] it — and that's a much scarier reason to have to cut," he added. A spokesperson for the Federal Reserve declined to comment.

Persons: Freddie Lait, Lait Organizations: Federal Reserve, Federal, U.S, Traders Locations: U.S

How the U.S. Humanitarian Pier in Gaza Will WorkA humanitarian pier the U.S. military will bring to the Gaza Strip is currently being assembled and is expected to be ready to receive initial shipments of food and other aid early next month, according to military officials. Pier At the pier, loaded aid trucks are driven to Gaza’s shore. Gaza Strip EMPTY TRUCKS return to the pier Humanitarian partners will pick up aid near the shore to take it into the Gaza Strip. Pier At the pier, loaded aid trucks are driven to Gaza’s shore. Gaza Strip EMPTY TRUCKS return to the pier Humanitarian partners will pick up aid near the shore to take it into the Gaza Strip.

Persons: Juan Camilo Jimenez Garces, Trucks, OCHA, U.N, David Satterfield, Israel Organizations: United Nations, U.S . Agency for International Development, Military, Aid, Spanish, BANK, New York Times Ships, Army, New York Times, Food, WFP GAZA, United Nations Office, Humanitarian, New York Times Aid, Hamas, U.S Locations: U.S, Gaza, Larnaca, Cyprus, Dubai, Kenya, Europe, CYPRUS Larnaca, BANK GAZA, ISRAEL EGYPT, LEBANON, Israel, United States, Med, ISRAEL Rafah, Shalom, Egypt, Israel’s

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