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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPoint72's Dean Maki: Expect Fed to cut interest rates as soon as SeptemberSam Stovall, CFRA chief investment strategist, and Dean Maki, chief economist at Point72 Asset Management, join 'Squawk on the Street' to discuss markets, their expectation from the Fed, and more.
Persons: Dean Maki, Sam Stovall Organizations: Point72 Asset Management
Johannesburg, South Africa CNN —South Africans go to the polls on May 29 for what will likely be the most pivotal general election since the end of apartheid. This is the seventh general election South Africa has held since the end of white minority rule 30 years ago. South Africa general election 101 • South Africa uses a “proportional representation” system. This year South Africa received its lowest score on Transparency International’s Corruption Perception Index. Democratic Alliance (DA) party leader Johan Steenhuisen speaks to supporters during a party event on May 9, 2024, in Soweto, South Africa.
Persons: Nelson Mandela, Cyril Ramaphosa, Jacob Zuma, What’s, Ramaphosa –, , , Ramaphosa, , John Steenhuisen, Johan Steenhuisen, Anders Pettersson, Zuma, Julius Malema, Malema, Floyd Shivambu, Steenhuisen Organizations: South Africa CNN, National Congress, ANC, Independent Electoral, , , Democratic Alliance, White South, Party Charter, uMkhonto weSizwe Party, Economic, Fighters, EFF, MK, Finance, Constitutional, Social Research Foundation Locations: Johannesburg, South Africa, Africa, China, Cuba, Soweto
New York CNN —Major business leaders and economists are worried about America’s growing debt problem. Last week, JPMorgan CEO Jamie Dimon expressed fear that a crisis is looming and that unchecked deficit spending could explode. The big picture: Between the Trump-era tax cuts and Covid-era stimulus programs, the national debt has exploded in recent years. Trump Media (DJT) reported a loss of $327.6 million during the first three months of the year, compared with a loss of $210,300 a year earlier. The company generated just $770,500 of revenue, marking the second-straight quarter where its revenue totaled less than $1 million.
Persons: Jamie Dimon, , ” Dimon, , Ray Dalio, Columbia Business School Glenn Hubbard, Joe Biden’s, Jason Thomas, Carlyle, ” Thomas, Hanna Ziady, Liz Truss, Treasuries, Hubbard, Thomas, it’s, Donald Trump, Matt Egan, Devin Nunes, Martin Gruenberg, Elisabeth Buchwald, ” Gruenberg, Sen, Sherrod Brown,  Gruenberg, He’s, Cleary Gottlieb Steen, Gruenberg’s, Gruenberg Organizations: CNN Business, Bell, New York CNN —, JPMorgan, Sky News, Financial, Columbia Business School, United, CNN, IMF, Congressional, Office, Peterson Foundation, Treasury, Trump Media, Trump Media & Technology Group, Truth Social, Company, Big Tech, ” Trump Media, Federal Deposit Insurance Corporation, Senate Banking Committee, FDIC, Hamilton Locations: New York, Bridgewater, United States, , United, United Kingdom
Gareth Southgate has named his 33-man provisional England squad for this summer’s European Championship in Germany. Manchester United forward Marcus Rashford has been left out of Southgate’s squad. Rashford and Henderson won’t be part of the England squad this summer (Gaspafotos/MB Media/Getty Images)“Hendo has given himself every chance,” Southgate said. I have talked with him and the medical team are liaising with Manchester United very closely. Midfielders: Trent Alexander-Arnold (Liverpool), Conor Gallagher (Chelsea), Curtis Jones (Liverpool), Kobbie Mainoo (Manchester United), Adam Wharton (Crystal Palace) Declan Rice (Arsenal).
Persons: Gareth Southgate, Marcus Rashford, Southgate, Marcus, ” Rashford, “ Gareth, Jordan Henderson, Henderson, Henderson won’t, Hendo, ” Southgate, hasn’t, Rashford, Mainoo, J ames, juri, Oliver Glasne, siti, ned 82 sen, It w, sid, ter City), Kier, ber, Jack G, Gordon (Newca, o ney, Brent, atkin Organizations: England, Manchester United, , Ajax, UE, nsa, Aston Locations: Germany, England, Jordan, Brazil, Bowen, ayer, Munich, Bosnia, Serbia
Einstein's general theory of relativity states that the curvature of space-time causes gravity. But zoom out to enormous scales like clusters of galaxies spanning billions of light years across, and the laws of Einstein's gravity theory appear to change. A 1% adjustment may not sound like a big deal, but it's enough to suggest that Einstein's theory may need a rethink. Now, with this cosmic glitch, there's a new explanation on the table. NASA/CXC/Univ of Missouri/M.Brodwin et al; NASA/STScI; JPL/CalTechThe fact that this cosmic glitch could potentially help astronomers resolve the Hubble tension is a good sign that it may truly exist.
Persons: , Albert Einstein's, Robin Wen, Wen, It's, shouldn't, Niayesh Afshordi, there's, Valerio Faraoni, Faraoni, Claire Lamman, DESI Organizations: Service, Business, Waterloo, University of Waterloo, University of British, ESA, Big Bang, NASA, of Missouri, JPL, CalTech, Bishop's University Locations: University of British Columbia
Opinion: Credibility is the key at Trump trial
  + stars: | 2024-05-19 | by ( Richard Galant | ) edition.cnn.com   time to read: +21 min
The idea that Cohen talked to Trump about Daniels on that call “was a lie,” Blanche alleged. Moreover, my experience has been that juries don’t decide based upon one moment — they base their judgment on an overall view.”There were allegedly three parties aware of the scheme to conceal the real reason Trump paid Cohen more than $400,000 in supposed legal fees: Trump, Cohen and Allen Weisselberg, then-chief financial officer of the Trump Organization. “Weisselberg could be the linchpin to validate Cohen’s claims about Trump agreeing to reimburse him through Trump Organization, as a business expense,” wrote attorney Stacy Schneider. Trump seems to be tempted to go mano a mano and show that he is better fit to be commander-in-chief. The new requirement for GOP politicians wanting to demonstrate their loyalty to Trump seems to be visiting the Manhattan courthouse where he’s on trial.
Persons: CNN —, ” Mark Twain, , Twain, ” Michael Cohen, Donald Trump, , Trump, Stormy Daniels, Todd Blanche, Cohen, Norm Eisen, Blanche, , pummeled Cohen, Robert Mueller, Nick Anderson, Agency Cohen, Keith Schiller, Daniels, ” Blanche, ” Eisen, don’t, Allen Weisselberg, Stacy Schneider, Weisselberg, David Zurawik, “ I’ve, Sen, Robert Menendez, He’s, George Santos ., CNN “ It’s, he’s, , Henry Cuellar, ” Cupp, Drew Sheneman, Georgia —, Vladimir Putin’s, Frida Ghitis, ” Ghitis, Joe Biden’s, ” Dana Summers, “ Biden, ” Julian Zelizer, mano, Biden, ” Bill Bramhall, Stephanie Griffith, Howard Tucker, Gayle Fleming, Michael Ventura Gayle Fleming, Biden —, ” Tom Brady’s, Kara Alaimo, Tom Brady “, Kevin Hart, Gisele Bündchen, Brady, Benjamin, Vivian, ’ Brady, , Alaimo, Brady didn’t, Nafees Syed, Kamel El Hilali, Andrew Borene, freakout Scott Stantis, Jeff Yang, … ” Brown, Keith Magee, Brown, backpedaling, Forget, Doug Burgum, Scott Jennings, Burgum’s, Bill Bramhall, Content Agency Clarence Thomas Washington, Clarence Thomas ’, Dean Obeidallah, Thomas, Harlan Crow, ” Clay Jones, John Oliver’s, Steve Vladeck, “ Thomas, ” Don’t, Clayton Swope, Dan Perry, Netanyahu, Jill Filipovic, Miss Teen USA Mary Ziegler, Bob Kolasky, Megan L, Ranney, Karen Tang, Halle Berry, Naomi Watts, Jonathan Yeo, King Charles III, Aaron Chown, Holly Thomas, King Organizations: CNN, Trump, Tribune, Agency, Trump Organization, Twitter, Facebook, DC, Robert Menendez of New, GOP, ” Texas, White, Europe, Russia, Kyiv, Biden, ABC, Democratic Party, Netflix, Garden State, Content Agency, Capitol, Consumer Financial, Board, Fifth Circuit, ICC, Miss USA, Miss Teen USA, Buckingham Palace, Royal Locations: New York, Robert Menendez of, Robert Menendez of New Jersey, Russian, Ukraine, Slovakia, Georgia, Soviet Republic, United States, Cleveland, , Manhattan, North, . North Dakota, ” That’s, Louisiana , Mississippi, Texas, Florida’s, Buckingham
LOUISVILLE, Ky. — Scottie Scheffler has dropped off, but a crowded leaderboard still exists after Round 3 of the PGA Championship on Saturday. AdvertisementSchauffele, seeking his first major championship, has led after each round of the PGA Championship, but shares it for the first time with Morikawa, who is looking for major No. Shane Lowry (who shot a PGA Championship record-tying 62), Bryson DeChambeau and Viktor Hovland are tied for fourth at 13-under. Theegala ticking off his first major championship and contending on the biggest stage of his career. Justin Rose becoming the first Englishman to win the PGA Championship in 100 years.
Persons: — Scottie Scheffler, Collin Morikawa, Xander Schauffele, Schauffele, Morikawa, Sahith, Shane Lowry, Bryson DeChambeau, Viktor Hovland, Justin Rose, Robert MacIntyre, Dean Burmester, Scheffler, bogeys, Ted Scott, Scott, Lowry, Hovland, Joe Mayo, MacIntyre, Hodges, Andrew Redington Organizations: PGA, Valhalla Golf Club, Ryder, Scheffler, Valhalla Locations: LOUISVILLE, Ky
Follow live coverage of the final round of the 2024 PGA Championship todayLOUISVILLE, Ky. — Justin Thomas predicted it so perfectly. Six of the biggest names in golf are within two shots of the lead on Sunday at the year’s second major championship. It served as a reminder — just as his hot start at the Masters did — of the truth about DeChambeau: Golf hated DeChambeau. That combined with a PGA Championship win to add to his 2013 U.S. Open win at Merion takes Rose from solid career to one of the best European golfers of the century. It coming at a PGA Championship (often viewed as the lowest of the four majors) wouldn’t help.
Persons: — Justin Thomas, Rory McIlroy, Phil Mickelson’s, Rickie Fowler’s, There’s, ” Thomas, Xander Schauffele, Bryson DeChambeau, Shane Lowry, Ryder, it’s, Scottie Scheffler, Collin Morikawa, Morikawa, hasn’t, Scheffler, Schauffele, Xander, He’s, he’s, Sahith Theegala, DeChambeau, It’s, , ake, ike, hick, lew, Å berg, eason, ron, H, aturday,, ory, cIlroy Organizations: Valhalla, birdies, Bryson DeChambeau EAGLES, ust Locations: LOUISVILLE, Ky, Valhalla, , Louisville, COVID, iewed, ife
CNN —Alice Stewart, a veteran political adviser and CNN political commentator who worked on several GOP presidential campaigns, has died. Law enforcement officials told CNN that Stewart’s body was found outdoors in the Bellevue neighborhood in northern Virginia early Saturday morning. She went on to serve as the communications director in then-Arkansas Gov. Most recently, Stewart was the communications director for Texas Sen. Ted Cruz’s 2016 GOP campaign. David S. HollowaySpeaking about her role as a commentator for the network, Stewart told Harvard Political Review in 2020 that she brings “a perspective that I think CNN appreciates.”“My position at CNN is to be a conservative voice yet an independent thinker,” Stewart said.
Persons: Alice Stewart, “ Alice, ” Mark Thompson, , ” Stewart, Stewart, Mike Huckabee’s, Michele Bachmann, Pennsylvania Sen, Rick Santorum, Texas Sen, Ted Cruz’s, Wolf Blitzer, , ” Blitzer, Jessica Dean, ” Suzanne Malveaux, Charles Blow, David S, “ I’m, Trumper, Maria Cardona, she’s, ” Cardona, Alice, Credit Union Cherry, CNN’s Kayla Gallagher Organizations: CNN, Harvard International, Arkansas Gov, Minnesota, Texas, GOP, CNN Grill, Convention, Harvard, Trump, “ CNN, Institute of Politics, Harvard University’s Kennedy School, TCS New York City Marathon, Credit Union, Credit Union Cherry Blossom Locations: Bellevue, Virginia, Atlanta, Georgia, Rock , Arkansas, Pennsylvania, Charlotte , North Carolina
Read previewMarisa Abela embodies late music icon Amy Winehouse in the new biopic "Back to Black," and yes, the actor really sings in the film. Here's how Abela transformed her voice for "Back to Black" — and why the film controversially uses her vocals instead of Winehouse's. Abela wasn't a trained musician prior to 'Back to Black'Actor Marisa Abela and director Sam Taylor-Johnson on the set of "Back to Black." According to the "Back to Black" production notes, Abela took two-and-a-half-hour singing lessons every day for four months. AdvertisementThe decision to use Abela's vocals instead of dubbing in Winehouse's wasn't made lightlyMarisa Abela as Amy Winehouse in "Back to Black."
Persons: , Marisa Abela, Amy Winehouse, Sam Taylor, Winehouse, Abela, Abela wasn't, Johnson, Dean Rogers, Frank, Taylor, Jamie Matthewman, Anne, Marie Speed, Sarah Green, Giles Martin, Ben Parker, Stephen Colbert, Martin, Winehouse's wasn't, Abela's, that's, Speed Organizations: Service, Business, Hollywood
On Friday, the former president will be back, speaking at a fund-raising dinner for the Minnesota Republican Party in St. Paul that is open only to paying guests and invited media. Whether the visit is a feint to draw Democratic dollars to the state or a true effort to expand the electoral map, only the Trump campaign knows. The Trump campaign believes it can capitalize on — or foment — a backlash to the leftward march of the Twin Cities and still-fresh memories of the unrest after the killing of George Floyd. “We have a real opportunity to expand the map here,” Chris LaCivita, a senior Trump campaign adviser, told The Associated Press ahead of Mr. Trump’s visit. In an interview with a conservative radio station in March, Mr. Trump falsely claimed he won Minnesota in 2020.
Persons: Donald J, Trump, Hillary Clinton, Paul, , Angie Craig, Richard M, Nixon, Trump’s, Clinton, Biden, , Pete Stauber, Donald Trump, Dean Phillips, Phillips, Mr, Jack Rendulich, Collin Peterson, Rick Nolan, Stauber, Tim Walz, George Floyd, Ilhan Omar, Floyd’s, Chris LaCivita, Jim Manley, Barack Obama, Tim Pawlenty, Minnesota’s Organizations: Minnesota Republican Party, Trump, Republican, Republicans, Democratic, , Democrat, Mr, Associated, Agriculture, Democratic Socialists of America, City Council, Democrats, Twin, Alpha, Associated Press, North, North Carolina, Midwest, Minnesota Locations: Minnesota, St, Minneapolis, Paul, ” Minnesota, Northeast Minnesota, Twin Cities, Democratic, City, Gaza, North Carolina, Illinois
Swap out matching throw pillows for fresh patterns and designs. Give your living room a fun feel with new throw pillows. Andy Dean Photography/ShuttershockAccording to Joyner, an easy way to change up your living-room design is to swap out matching pillows that may have come with your sofa for coordinating ones. "Mix velvet and linens, add in silk, and bring in an animal print to keep the couch fresh," Joyner told Business Insider. Joyner also recommended collecting throw pillows from your favorite shops to create your own bespoke or custom-made look.
Persons: Andy Dean, Joyner
At one point during the demonstrations at Columbia University in 1968, protesters took the acting dean of the liberal arts college hostage. Inevitably, questions around consequences for the student protests have become entangled in these contradictions. “Living and processing this distressing experience evokes various emotions and complex feelings which may affect your ability to focus and feel safe,” it read. But the only “distressing experience,” to her mind, was N.Y.U.’s decision to call in the police to quiet the protests in the first place. The office went on to promise “guidance, encouragement and support” for the problem it had created.
Persons: Barricading, Henry Simmons Coleman, Ellis Geary, Organizations: Columbia University, Navy, New York University, Students Locations: Gaza
Red Lobster workers are letting out their anger online after losing their jobs without notice. More than 50 Red Lobster restaurants in the US closed this week amid financial troubles at the company. "If you work at Red Lobster, you need to start finding something else to do," one TikTok user said. AdvertisementFormer Red Lobster workers are venting their anger online after the seafood chain abruptly laid off staff as it closed more than 50 restaurants. "Red lobster just laid all of us off without notice," one person posted on X, adding that even the managers at their restaurant weren't told in advance.
Persons: , weren't Organizations: Service, Business
CNN —The president of Florida A&M University admits “misteps were made” in the handling of a purported $237 million stock gift to the school from a Texas businessman following concerns over the actual value of the donation. He also told the board of the school’s financial arm, the Florida A&M Foundation, that the school was pausing on the gift. The donation was put “on pause” after media reports and college board leaders raised concerns about the actual value of the stock gift — and the details surrounding the donor’s previous donations. South Carolina’s Coastal Carolina University had announced a $95 million donation from an anonymous donor, who then backed out months later. Dr. Shawnta Friday-Stroud, one of the signatories on an agreement between the university and Gerami accepting the gift, has since resigned as vice president of university advancement, according to Robinson.
Persons: “ misteps, Larry Robinson, , ” Robinson, Gregory Gerami, Gerami, Shawnta, Robinson, Stroud, Kristin Harper Organizations: CNN, M University, Batterson Farms Corp, M Foundation, Politico, Carolina’s Coastal Carolina University, Myrtle Beach Sun News, School of Business, Industry Locations: Florida, Texas, Carolina’s, Stroud
Read previewA restaurant in Las Vegas hosted what parents described as an "extremely disappointing" "Bluey" meet-and-greet event which left kids upset and their parents angry. one person wrote on Facebook. "Bluey is a guy in Bluey pajamas," one person wrote. Some people said they wouldn't return to the restaurant after their experience at the Bluey event. one Facebook user wrote.
Persons: , FOX5 Vegas, Taj Wilder, FOX5, , Instagram, Ludo Studio, Richard Haigh, Willy Wonka Organizations: Service, Facebook, Business, Staff, Sams Club, Costco, Brand Finance, Bloomberg Locations: Las Vegas, Glasgow
Sweetgreen introduced caramelized garlic steak, which is now the most expensive protein on its menu. The salad chain, which has over 225 locations, added caramelized garlic steak on Tuesday. Axios reported that it's the first red meat Sweetgreen has sold. In comparison, Sweetgreen charges $2.75 to add roasted tofu, $3.75 to add blackened or roasted chicken, and $6.15 to add miso glazed salmon. Neman said that Sweetgreen introduced steak to boost its dinner sales and expand its customer base.
Persons: Sweetgreen, , Jonathan Neman, they've Organizations: Service, New York Times, Times Locations: Manhattan, Boston, Neman, Australia, New Zealand
Cohen’s testimony is set to be the critical moment of the hush money trial that could make Trump the first ex-president to be convicted of a crime. He has talked extensively about his desire to see President Trump go to prison. He has talked extensively about his desire to see President Trump’s family go to prison. He has talked extensively about President Trump getting convicted in this case,” Blanche said. While the hush money trial harks back to the 2016 election, its end game could play a significant role in the destiny of the White House eight years later.
Persons: CNN — Michael Cohen, Donald Trump’s “, Trump, Stormy Daniels, , Cohen, Daniels, ” Cohen, , Matthew Colangelo, “ Cohen, , ” Colangelo, Anthony Scaramucci, Donald Trump, Michael Cohen, CNN’s Jake Tapper, Todd Blanche, Trump’s, ” Blanche, John Dean, Roy Cohn, He’s, Judge Juan Merchan, Fani Willis, Joe Biden, he’s Organizations: CNN, Trump, Republican, Trump Organization, House, Nixon White, “ CNN, Mr, Fulton, White House, GOP Locations: Russia, New York, Florida, Fulton County
Now look at AI, we’re going to have that same disruption except it’s going to be much faster. We really need to rethink how we manage change. There are many communities and many groups of individuals who don’t really feel like contemporary capitalism is serving them well. If I said, “I’m going to have a block grant for communities. I’m going to boost community colleges,” why is that bad?
Persons: Columbia Business School Glenn Hubbard, Bell, Hubbard, they’ve, that’s, it’s, That’s, I’m, don’t, we’re, “ I’m Organizations: CNN Business, Bell, New York CNN, Columbia Business School, Biden Locations: New York, United States
I ate at Shake Shack for the first time. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementI'd heard good things about Shake Shack, the burger and frozen custard chain that started life as a hot dog stand in New York City. My friend gushed about its cheesy fries after returning from New York, and I'd seen billboards advertising its delicious-looking vegan crispy shallot burger. Shake Shack first came to the UK in 2013.
Persons: , I'd, gushed, Shack Organizations: Service Locations: New York City, New York
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA woman spent about a year living inside the rooftop sign of a grocery store in Midland, Michigan, police say. "It's a story that makes you scratch your head, just somebody living up in a sign." However, he said that once on the roof she was able to enter the inside of the sign using a 3'x4' access door. Little is known about the woman, including what led her to living on the rooftop.
Persons: , Brennon Warren, Warren, wasn't, I've Organizations: Service, Midland Police Department, Police, Business, Midland Daily News, BI, ABC, The Midland Daily News, Homeless, SpartanNash, Fare Locations: Midland , Michigan, Michigan
Planet Fitness is hiking the price of its Classic Card membership plan by 50% to $15 a month. AdvertisementPlanet Fitness is hiking the price of its basic membership plan by 50% after holding it at $10 a month for 26 years. Benson said that Planet Fitness had started testing $12.99 and $15 price points in the fall. AdvertisementAround the time that the new Classic Card price is introduced, Planet Fitness will start testing new prices for the Black Card, Benson said. As part of the Classic Card price change, Planet Fitness plans to focus more heavily on its "price for life" policy, Benson said.
Persons: , Craig Benson, Thomas Fitzgerald, Benson, Fitzgerald, Chris Rondeau Organizations: Service, Bureau of Labor Statistics, Black Card, Black
Target plans to stock Pride merch in about half its stores this year, sources told Bloomberg. Last year, Target's Pride range faced a massive backlash from conservatives, contributing to a fall in sales. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTarget plans to stock Pride merch in just half its stores after it faced an intense backlash and even calls for a boycott last year, Bloomberg reported. It plans to sell its full Pride range online, the people said.
Persons: Organizations: Bloomberg, Service, Pride Month
The CEO of Applebee's owner, Dine Brands, told CNBC that the chain offers a better value proposition than its fast-food rivals. Applebee's diners are buying cheaper items and visiting less often. But even if it is winning over some fast-food customers, Applebee's sales are still falling. Applebee's diners are cutting back, tooBut casual dining chains have been raising their prices, too, because of wage and food inflation. Have you switched from fast food to casual dining chains like Applebee's, Chili's, and Olive Garden?
Persons: they're, , John Peyton, Bacon Burger, Applebee's, Burger, Peyton, It's, That's Organizations: Dine Brands, CNBC, Service, Dine Locations: Applebee's, Olive
CNN —Independent presidential candidate Robert F. Kennedy Jr. on Wednesday detailed the medical abnormality he experienced in 2010 that he said was caused by a worm that entered his brain and then died, marking his first public explanation of the incident. “The issue was resolved more than 10 years ago and he is in robust physical and mental health. Questioning Mr. Kennedy’s health is a hilarious suggestion, given his competition,” the campaign said, referring to the advanced ages of the 81-year-old President Joe Biden and 77-year-old former President Donald Trump. So, ten times what, you know, the EPA levels were for blood mercury, I think it was,” Kennedy said. And I had that chelated out and all of that brain fog went away.”Kennedy said he has made a full recovery from both health incidents.
Persons: Robert F, Kennedy Jr, Kennedy, Brian Shapiro, , , Stefanie Spear, Joe Biden, Donald Trump, Peter Hotez, Dean, Hotez, ” Kennedy, Michelle Shen Organizations: CNN, Independent, New York Times, National, Tropical Medicine, Baylor College of Medicine Locations: India, Africa, South America, Asia, Houston
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