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☆ WSJ reporter Evan Gershkovich, ex-Marine Whelan released in U.S., Russia prisoner swap
▼ + stars: | 2024-08-01 | by ( Dan Mangan | ) www.cnbc.com time to read: +4 min

watch nowWall Street Journal reporter Evan Gershkovich and former U.S. Marine Paul Whelan were released Thursday by Russia as part of a major, multi-nation swap of two dozen prisoners. "All four have been imprisoned unjustly in Russia," President Joe Biden said in a televised address from the White House, where he was flanked by their family members. Eight Russians, including the spy and convicted hitman Vadim Krasikov, are being returned to Russia from the United States, Slovenia, Norway, Poland and Germany. "The deal that secured their freedom was a feat of diplomacy," Biden said in a statement released by the White House, where Biden planned to meet family members of the released Americans. U.S. President Joe Biden speaks about the release of Americans detained in Russia during brief remarks from the White House in Washington, U.S., August 1, 2024.

Persons: Evan Gershkovich, U.S . Marine Paul Whelan, Alsu Kurmasheva, Vladimir Kara, Murza, Joe Biden, Vadim Krasikov, Paul Whelan, Krasikov, Gershkovich, Whelan, Kurmasheva, Kara, Biden, we've, Jake Sullivan, " Sullivan, Nathan Howard, Reuters Gershkovich, Dieter Voronin, Kevin Lick, Rico Krieger, Patrick Schoebel, Herman Moyzhes, Ilya Yashin, Liliya, Kseniya Fadeyeva, Vadim Ostanin, Andrey Pivovarov, Oleg Orlov, Sasha Skochilenko, Artem Viktorovich Dultsev, Anna Valerevna Dultseva, Mikhail Valeryevich Mikushin, Pavel Alekseyevich Rubtsov, Roman Seleznev, Vladislav Klyushin, Vadim Konoshchenock Organizations: Wall Street, U.S . Marine, White, Biden, National, Reuters Locations: Russia, American, Russian, Turkey, United States, Slovenia, Norway, Poland, Germany, Chechen, Berlin, Washington , U.S, Moscow

☆ What the presidential election could mean for Social Security and Medicare
▼ + stars: | 2024-08-01 | by ( Lorie Konish | ) www.cnbc.com time to read: +5 min

Kevin Lamarque | ReutersWhen it comes to the November election, there is one issue that is at the top of voters' wish lists: Social Security. It polled 1,831 adults age 18 and up who "currently receive or expect to receive Social Security." Experts say the post likely refers to the taxes Social Security beneficiaries may owe on their benefit income. Exactly how much Social Security beneficiaries pay in taxes is based on their "combined income," which includes adjusted gross income, nontaxable interest and half of their Social Security benefits. Yet in a March CNBC interview, Trump said he would consider cutting "entitlements," which may refer to Social Security, Medicare or Medicaid.

Persons: Kevin Lamarque, Emerson Sprick, Biden, Joe Biden, Nathan Howard, Sprick, Robyn Patterson, Patterson, Trump, Donald Trump, Elizabeth Frantz, CNBC's, Harris, Kamala Harris, Megan Varner Organizations: Reuters, Social Security, National Institute on Retirement Security, Nationwide Retirement, Social, White, Medicare, Trust Fund, Congressional Republicans, Security, Biden, CNBC, U.S, Center, Getty Locations: Falls Church , Virginia, U.S, Russia, Washington , U.S, Harrisburg , Pennsylvania, Georgia, Atlanta , Georgia

In brief remarks before the meeting, Netanyahu mentioned how the two men have known each other for four decades. Biden also participated in a meeting with Netanyahu that includes families of American hostages in Gaza - a separate setting where he could apply firm pressure on Netanyahu to finalize the ceasefire agreement. After their meeting with the president and Netanyahu, some family members struck an optimistic tone on the prospects of a deal being reached soon. “We got absolute commitment from President Biden and Prime Minister Netanyahu that they understand the urgency of this moment now. However, as CNN reported this week, US and Israeli officials have voiced increased optimism about the prospects of an agreement.

Persons: Joe Biden, Benjamin Netanyahu, Netanyahu, “, ” Biden’s, ” Biden, ”, Biden, Siegel, Alexander, Chen, Naftali, Goldberg, Jonathan Dekel, –, ” Netanyahu, Kamala Harris, Harris, Nathan Howard TPX, Nathan Howard, Israel, Donald Trump, Trump, CNN’s Sam Fossum Organizations: Washington CNN, Israeli, CNN, Jewish, State, ” Biden reminisced, Biden, United, Prime, Central Kitchen, US, Democratic, Eisenhower, REUTERS, Trump, Networks Locations: Washington ,, Irish, American, Israel, Gaza, America, Washington , DC, Palm Beach , Florida

☆ Inside Best Buy's push to get back to sales growth, cash in on AI craze
▼ + stars: | 2024-07-23 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +7 min

One of Best Buy's major hopes to drive sales comes from artificial intelligence-enabled laptops and smartphones. Best Buy expects revenue to range from $41.3 billion to $42.6 billion, a decline from $46.3 billion last year. (Best Buy is among the retailers that have participated in the Amazon-created retail holiday by offering up its own deals.) The collection, which includes roughly 40 different items with about 40% exclusive to Best Buy, began to get delivered in mid-June. A Best Buy store in Woodbridge, Virginia, US, on Tuesday, May 21, 2024.

Persons: Melissa Repko, Corie Barry, Barry, Steven Zaccone, Gram, Nathan Howard, headwinds Organizations: CNBC, Citi Research, Adobe Analytics, Apple, Samsung, Microsoft, YouTube, company's, Bloomberg, Getty Locations: Secaucus, N.J, Woodbridge , Virginia

☆ America's 10 best states for infrastructure, where you can rely on roads, bridges, airports, power, and internet
▼ + stars: | 2024-07-11 | by ( Scott Cohn | ) www.cnbc.com time to read: +14 min

To rate each state's infrastructure, we look at roads, bridges, ports and airports. New in 2024, we evaluate so-called site readiness programs set up in many states to link companies with shovel-ready sites. The Economic Development Partnership of Alabama offers one of the more robust site readiness programs in the nation. Roads, bridges, and broadband are also in excellent shape in Tennessee. A respectable 24% of the state's power comes from renewable energy, putting it in the top half of states.

Persons: Pete Buttigieg, Buttigieg, Gary Hershorn, Brad Lander, Kathy Hochul, Luke Sharrett, Liam Kennedy, Chicago —, Carl Sandburg, Minnesotans, Tim Walz, Nathan Howard, — Virginia, Caitlin O'Hara, Elijah Nouvelage Organizations: Infrastructure Law, CNBC, Law, Business, Empire, Hudson, Corbis, Census, Gov, Indiana, CSX Corp, Bloomberg, Getty, Crossroads of America, U.S . Surface Transportation, Hoosier State, of Energy, Street Foundation, Economic Development, Alabama, Tennessee Downtown, Istock, Volunteer State, Energy Department, Illinois Metra, Chicago, Railroads, Census Bureau, Surface Transportation, Traffic, Midway, Chicago Department of Aviation, Lincoln, Minnesota, Jimkruger, Minnesota's Department of Economic, The Utah Department of Transportation, Beehive State, Planners, Virginia, Amazon.com Inc, —, Washington Post, Georgia Passengers, Hartsfield, Jackson Atlanta International Airport Locations: States, York, Manhattan, New York City, New York, Ohio, Clarksville , Indiana, U.S, Indiana, Alabama, Trinity , Alabama, Yellowhammer State, Tennessee Downtown Nashville , Tennessee, Tennessee, Illinois, Chicago, Rudybalasko, Texas, Minneapolis , Minnesota, Mississippi, Minneapolis, Utah, Salt Lake City, Beehive, Farmington, Ashburn , Virginia, Northern Virginia, Arizona, Phoenix , Arizona, Atlanta , Georgia

☆ 'No one is picking up the phone': Joe Biden's fundraising confronts new hurdles after debate
▼ + stars: | 2024-07-08 | by ( Brian Schwartz | ) www.cnbc.com time to read: +7 min

U.S. President Joe Biden boards Air Force One at Dover Air Force Base in Dover, Delaware, U.S., June 20, 2024. Amanda Andrade-rhoades | ReutersPresident Joe Biden's fundraising operation started showing cracks in its once formidable armor, almost 10 days after his disastrous presidential debate performance. Some of Biden's campaign bundlers have stopped making calls to potential donors since the June 27 debate, according to people familiar with the matter. "No one is picking up the phone," said a well-connected Democratic fundraiser, who raises money for Biden and the Democratic Party. watch nowA Biden campaign spokesman did not return a request for comment.

Persons: Joe Biden, Amanda Andrade, Joe Biden's, bundlers, Biden, aren't, I'm, John Morgan, Morgan, reassurances, Nathan Howard, It's, Stewart Bainum Jr, Bainum, Sandy Bainum, Donald Trump, Trump, Ed Rendell, Rendell, Lisa Kabnick, Troutman Pepper, Kabnick, Jen O'Malley Dillon, Wes Moore, Disney, Abigail Disney, Joe Organizations: Air Force, Dover Air Force Base, rhoades, Democratic, Biden, Democratic Party, U.S, Reuters, Choice, CNBC, Fund, Democratic National Committee, Commission, Senate, Trump, Bloomberg, Former Pennsylvania, FEC, Maryland Locations: Dover , Delaware, U.S, Harrisburg , Pennsylvania, Maryland, Arizona , Georgia, Nevada, North Carolina, In Michigan, Wisconsin, Philadelphia

☆ The 3rd human case of bird flu in the US has 2 new and troubling symptoms
▼ + stars: | 2024-06-04 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +9 min

The H5N1 virus has become a pandemic among animals, raging through worldwide bird populations and now through US cattle herds. There, the H5N1 virus can continue operating as an avian virus, grabbing avian receptors with no need to adapt to human receptors. Two previous one-off human cases of H5N1 — one in Chile and one in Ecuador — featured respiratory symptoms. Even with its current monitoring, the CDC would probably detect sustained human spread, he said. Correction — June 4, 2024: An earlier version of this story misstated the nature of genomic sequencing of the H5N1 virus.

Persons: —, Jude virologist Richard Webby, Diego Vara, Rick Bright, Amanda Perobelli, John Harper, Nirav Shah, farmworkers, Shah, Bright, Bill Powers, Nathan Howard, Department of Agriculture hadn't Organizations: Service, US Centers for Disease Control, Business, CDC, Reuters, World Health Organization, Studies, New York Times, Stock, Drug Administration, STAT, Webby, Department of Agriculture Locations: Texas, Michigan, Americas, Norte, Brazil, Chile, Ecuador, Campinas, Townsend , Delaware

☆ Is Gaza your top issue? Here's a guide to each 2024 candidate's stance.
▼ + stars: | 2024-05-30 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Read previewIsrael's ongoing war in Gaza — and President Joe Biden's continued support for it — has become a major issue in the 2024 election. After Hamas killed more than 1,200 people in its October 7 attack, Israel launched a counteroffensive aimed at eliminating the group. Here's a guide to where President Joe Biden and former President Donald Trump stand on Israel — and why some are threatening to stay home or cast protest votes in November. I mean, moving shots of bombs being dropped into buildings in Gaza… it's a very bad picture for the world." For these voters — some of whom may have even had family members killed in Gaza — they argue that the war outweighs all other considerations.

Persons: —, Joe Biden's, That's, Joe Biden, Donald Trump, Israel —, Biden, he's, Nathan Howard, Israel Trump, Israel, Israel Hayom, Trump, Benjamin Netanyahu, Doug Mills, Syria —, we're, Biden's, it's, Abdullah Hammoud, Jill Stein, Cornel West Organizations: Service, Business, UN, United Nations Relief, Works Agency, GOP, Israeli, Washington Post, Muslim, Democratic, Biden, Trump, Green Party Locations: Gaza, Israel, Rafah, Tel Aviv, Jerusalem, Syria, Biden's Israel, Dearborn, Michigan

☆ Biden's move to send $1 billion in weapons to Israel could backfire
▼ + stars: | 2024-05-15 | by ( Mikhaila Friel | Tom Porter | ) www.businessinsider.com time to read: +5 min

Read previewThe US plans to send more than $1 billion in arms and ammunition to Israel despite growing tensions between President Joe Biden and Israel's Prime Minister Benjamin Netanyahu. Getting the weapons to Israel could be a lengthy process. AdvertisementBiden later warned he would withhold additional weaponry if Israel went ahead with a widespread ground assault on the city. Seth Binder, an expert on US weapons sales with the Middle East Democracy Center, told the Journal that Biden's apparent U-turn weakens his influence over Netanyahu. Analysts say that Biden's handling of the Gaza war is among the issues corroding his support among them.

Persons: —, Joe Biden, Benjamin Netanyahu, Biden, Israel, Nathan Howard, Netanyahu —, Seth Binder, Netanyahu, Sen, Chris Van Hollen, BRENDAN SMIALOWSKI, he's, Dave Harden Organizations: Service, Israel's, Officials, Street Journal, Business, CNN, White, Getty, Middle East Democracy Center, Washington Post, Pentagon, Israel, Gaza, US Agency for International Development, West Bank, BBC Locations: Israel, Gaza, Rafah, Washington , DC, Iran, Lebanon, Damascus, Syria

☆ New York Democrat who sharply criticizes Israel faces ouster threat
▼ + stars: | 2024-05-12 | by ( Edward-Isaac Dovere | Manu Raju | ) edition.cnn.com time to read: +16 min

By December, he was standing with hunger strikers outside the White House, upping his criticism of the actions in Gaza. Shelley Mayer, a state senator whose district largely overlaps with the congressional district, initially backed Bowman. New York state Sen. Shelley Mayer at a state Senate Judiciary Committee hearing in April 2023, in Albany. Explaining how his response to the Israel-Hamas war fits his district, Bowman cited a poll conducted by his campaign that he claimed showed an overwhelming majority in his district support a permanent ceasefire. The Democratic Majority for Israel (DMFI) has endorsed Latimer and is expecting to spend to boost him.

Persons: Jamaal Bowman’s, Manu Raju ”, Jamaal Bowman, Israel’s, Israel, Bowman, upping, He’s, Benjamin Netanyahu, Joe Biden, Netanyahu, Shelley Mayer, George Latimer, Sen, Hans Pennink, ” Mayer, “, ”, We’ve, ” Bowman, Rashida Tlaib, Jonathan Jackson, Cori Bush, Nathan Howard, Biden, Chuck Schumer, –, New Yorker, Usamah Andrabi, Jeenah, Latimer, Jimmy Carter, Hakeem Jeffries, Kevin Riley, Riley, Israel doesn’t, ” Latimer, he’s, he’d, ‘, ’ ” Bowman, Amy Paulin, it’s, ” Paulin, Jamaal, Mandel Ngan, Latimer hasn’t, Patrick Dorton, Jeremy Ben, Ami, Ben, ” Ben, Steny Hoyer, Hoyer, ” Hoyer Organizations: CNN, Democrat, United Nations, J, New York Democrats, Democratic, Westchester, Republican, Capitol, Fox News, ”, Reps, House, Iron, Democratic Socialists, America’s, Michigan Rep, Palestinian, Israel, American Israel Public Affairs Committee, New, George Latimer voters, Democrats, Washington Post, House Democratic, Conservative, Getty, Jewish Voters, Empowerment, Black, AIPAC, PAC United Democracy, Democratic Party, ” Maryland Locations: Gaza, Bronx, Westchester County, That’s, New York, Washington, Israel, Washington groaned, George Latimer . New York, Albany, Palestine, Palestinian, York, Palestinian American, ”, White Plains , New York, Yonkers, Rye, Brooklyn, Westchester, Scarsdale, Washington ,, AFP

☆ Bird flu could jump to humans any day. A former surgeon general says it feels like 2020 again.
▼ + stars: | 2024-04-25 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

In recent months the highly pathogenic H5N1 virus has been spreading through US cattle herds for the first time ever. The cow-to-cow transmission is the latest escalation in a global outbreak that began when the virus reemerged in Europe in 2020. Bill Powers with his flock of white turkeys, kept under shelter to prevent exposure to bird flu, in Townsend, Delaware. Nathan Howard/Getty ImagesDr. Jerome Adams, a former surgeon general and the director of health equity at Purdue University, is getting deja vu. AdvertisementOnly testing the sickSo far, the USDA has only been testing cattle herds when an animal appears sick.

Persons: —, Jeremy Farrar, Nathan Frandino, Farrar, Bill Powers, Nathan Howard, Jerome Adams, they've, Adams, Donald Trump, hasn't, Terry Chea, they're, Zeynep Tufekci, Jean Carroll, Alexi J . Rosenfeld, President Trump, Trump, Biden Organizations: Service, Business, World Health Organization, Washington Post, Food and Drug Administration, New York Times, FDA, Johann, Reuters, US Centers for Disease Control, Purdue University, CDC, US Department of Agriculture, White, USDA Locations: Europe, South America, Fresno , California, Texas, Townsend , Delaware, COVID, Sonoma County , California

☆ Senator says Coast Guard used illegal agreements to silence sexual assault victims
▼ + stars: | 2024-04-08 | by ( Melanie Hicken | Blake Ellis | ) edition.cnn.com time to read: +4 min

CNN —US Coast Guard leaders illegally used nondisclosure agreements to prevent sexual assault victims from speaking out about their alleged attacks, according to a congressional inquiry sparked by a CNN report into sexual misconduct at the prestigious Coast Guard Academy. CNN reported last year that Coast Guard leaders had guarded the secrecy of the internal investigation to the point that officials with access to case materials had to sign non-disclosure agreements. “Requiring victims to agree not to discuss what happened to them is particularly reprehensible,” Sen. Ted Cruz wrote in a letter to the Coast Guard Sunday. Cruz’s letter is just the latest fall-out for the Coast Guard since the Fouled Anchor controversy broke last June. “This is a disservice to the survivors of rape and other sexual assaults at the Academy, whom the Coast Guard has already failed once,” he wrote.

Persons: Republican Sen, Ted Cruz, Adm, Linda Fagan, ” Cruz, Fagan, Cruz, ” Sen, Nathan Howard, Chris Murphy, ” Organizations: CNN, US Coast Guard, Coast Guard Academy, Academy from Congress, Republican, Coast Guard, Senate, Getty, Department of Homeland, Department of Homeland Security, Operation, GAO, Academy Locations: Connecticut

☆ A New Surge in Power Use Is Threatening U.S. Climate Goals
▼ + stars: | 2024-03-13 | by ( Brad Plumer | Nadja Popovich | ) www.nytimes.com time to read: +14 min

Nathan Howard for The New York TimesIn California, electric vehicles could soon account for 10 percent of peak power demand. AP Photo/Mike StewartIn interviews, utility executives say gas is needed to back up wind and solar power, which don’t run all the time. Gas plants can sometimes be easier to build than renewables, since they may not require new long-distance transmission lines. “It’s going to take a diversified fleet.”Mr. Mitchell noted that Georgia Power was planning a large build-out of solar power and batteries over the next decade and would offer incentives to companies to use less power during times of grid stress. The tech companies and manufacturers that are driving up electricity demand could also play a major role, experts say.

Persons: ”, Daniel Brooks, Nathan Howard, Lauren Justice, Biden’s, “, Tyler H, Norris, Mr, John Wilson, Ken Seiler, Seiler, Devin Hartman, Duke, Kendal Bowman, Duke Energy’s, it’s, we’ve, Georgia Power, It’s, Greg Buppert, Megan Varner, Mike Stewart, Aaron Mitchell, “ It’s, Mitchell, Heather O’Neill, Brian Janous Organizations: Electric Power Research Institute, The New York Times, Duke University, Biden, Utilities, North American Electric Reliability Corporation, Boston Consulting, Dominion Energy, Nationwide, R Street Institute, The New York Times Soaring, Duke Energy, Georgia, Southern Environmental Law Center, AP, Dominion, Georgia Power, Advanced Energy, Microsoft Locations: America, California, Virginia, Georgia, North Carolina, South Carolina , Tennessee, Kansas, Northern Virginia, Arizona, Texas, Illinois, New Jersey, York City, PJM, “ Texas, Ashburn, Va, Dalton , Ga, Dalton, Duke

☆ Kyrsten Sinema’s exit puts the spotlight on the Senate’s shrinking pool of dealmakers
▼ + stars: | 2024-03-08 | by ( Lauren Fox | ) edition.cnn.com time to read: +9 min

For months, the two of them had worked tirelessly alongside Republican Sen. James Lankford of Oklahoma to craft a bipartisan deal on immigration. “The base of each party wants individuals who will fight, but not individuals who will reach across the aisle to get things done,” Republican Sen. Mitt Romney of Utah said. “I’ve seen a shift towards basically really not wanting to do anything,” West Virginia Republican Sen. Shelley Moore Capito said. Last cycle alone saw the retirement of Ohio Republican Sen. Missouri Republican Sen. Roy Blunt, another GOP pragmatist, retired after the 2022 election, replaced by Sen. Eric Schmitt.

Persons: Sen, Kyrsten, Democratic Sen, Chris Murphy, Republican Sen, James Lankford of, Sinema, Murphy, ” Murphy, “, ” Sinema, Donald Trump, Mitt Romney, Joe Manchin, he’d, Romney, Trump, ” Romney, I’ve, ” West Virginia Republican Sen, Shelley Moore Capito, Ohio Republican Sen, Rob Portman, J.D, Vance, Trump . Missouri Republican Sen, Roy Blunt, GOP pragmatist, Eric Schmitt, appropriator Sen, Richard Shelby of, Richard Burr of, Bob Corker, Marsha Blackburn, Anna Moneymaker, we’ve, Lamar Alexander, ”, Tim Kaine, “ We’re, Kari Lake, –, Mark Kelly, ” Corker, Kaine, Todd Young, Thom Tillis, It’s, Brian Schatz, ” Sen, Mark Warner, Nathan Howard, Manchin, John Cornyn of, John Thune of, isn’t Organizations: Democratic, Connecticut, Republican, CNN, Senate, ” West Virginia Republican, Ohio Republican, GOP, Trump . Missouri Republican, Intelligence, Senate Foreign Relations, 118th, Democrat, North Carolina Republican, Getty, America Locations: Arizona, James Lankford of Oklahoma, Utah, Virginia, Ohio, Richard Shelby of Alabama, Richard Burr of North Carolina, Tennessee, Indiana, Hawaii, Washington , DC, John Cornyn of Texas, John Thune of South Dakota, America

☆ Biden says he'll ban TikTok if Congress passes bill, but he's campaigning on it until then
▼ + stars: | 2024-03-08 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +10 min

Nathan Howard | ReutersSince Biden's playful intro post, his campaign's TikTok account has notched over 222,000 followers and over 2.4 million likes. The Biden campaign didn't immediately respond to a request for comment. On the app, users were greeted with a screenshot warning them that Congress was "planning a total ban of TikTok." TikTok goes to WashingtonU.S. political campaigns more broadly are trying to figure out how best to utilize TikTok. Last April, for instance, the White House said it was enlisting a squad of volunteer TikTok and Instagram influencers to help spread awareness of the Biden campaign.

Persons: Jaap Arriens, Joe Biden, TikTok, Maggie Macdonald, Biden, Kansas City Chiefs —, Macdonald, China's ByteDance, Troy Balderson, Shou Zi Chew, Nathan Howard, Donald Trump, Aaron Earls, Biden's, Karine Jean, Pierre, didn't, influencers, it's, Kennedy, Earls, Marilyn Monroe, Joe DiMaggio, Anupam Chander, —, Vivek Ramaswamy, wouldn't, We've, we'll, Anish Mohanty, Mohanty, that's Organizations: Nurphoto, Kansas City Chiefs, University of Kentucky, Washington , D.C, U.S, Chinese Communist Party, CCP, CNBC, U.S . Capitol, Reuters, Republican, Democratic, Senate, White, Biden, Washington U.S, Facebook, Democratic National Committee, Climate Power, Georgetown University Law Center, Congress, Trump, TikTok, Republican Party Locations: Australia, Singapore, Mexico, Washington ,, U.S, Ohio, Washington , U.S, Washington, China, Gaza

☆ Fed Chair Powell testifying to House on Wednesday. What investors are expecting
▼ + stars: | 2024-03-05 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

Jerome Powell, chair of the Federal Reserve, during a House Financial Services Committee hearing in Washington, D.C., on June 21, 2023. The past several months have seen a changing dynamic between financial markets and the Fed over the pace and timing of expected interest rate cuts this year. Markets have had to adjust their collective view from a highly accommodative central bank to one that's more cautious and deliberate. Central to the question of how the Fed acts from here on out is its view on inflation and how Powell expresses that. Powell will have to synthesize the recent trends carefully as he speaks first to the House Financial Services Committee on Wednesday, then the Senate Banking Committee the day after.

Persons: Jerome Powell, Nathan Howard, Powell, Quincy Krosby, He's, it's, Joseph LaVorgna, Steven Ricchiuto, Sharp Organizations: Federal, Financial, Washington , D.C, Bloomberg, Getty, Capitol Hill, Fed, LPL, CME Group, Banking Committee, Nikko Securities, Big Tech, Mizuho Securities, Market Locations: Washington ,

Co-founder and CEO of Snap Inc. Evan Spiegel attends the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol, in Washington, on January 31. In prepared testimony reviewed by CNN, Spiegel will say that on average, most Snapchat users connect directly with their friends. "We designed Snapchat to open into the camera, instead of a content feed, to encourage creativity instead of passive consumption," Spiegel will testify. "When people share their Story with friends on Snapchat there are no public likes or comments." A California judge recently ruled that Snap must face a lawsuit over children's fentanyl purchases linked to the app.

Persons: Evan Spiegel, Nathan Howard, Spiegel, Connecticut Democratic Sen, Richard Blumenthal, Tennessee Republican Sen, Marsha Blackburn Organizations: Snap Inc, U.S . Capitol, Reuters, CNN, Connecticut Democratic, Tennessee Republican Locations: Washington, California

☆ New Hampshire primary: What to expect from Trump, Haley and DeSantis
▼ + stars: | 2024-01-21 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +8 min

Polls indicate New Hampshire offers Haley her best chance for a win, while DeSantis, polling a distant third, is already looking ahead to South Carolina. While Tuesday's primary result is expected to be narrower, the latest polls of likely New Hampshire GOP primary voters show Trump leading Haley by double digits. They have been joined in recent days by a growing number of Trump's one time Republican primary rivals — Nebraska Gov. In New Hampshire, Haley is right: She and Trump are the top two candidates by far in the polls, with DeSantis a distant third. Days away from the New Hampshire primary, DeSantis' campaign is already shifting resources to South Carolina, while still holding some events in New Hampshire.

Persons: Timothy A, Clary, Donald Trump, Trump, Ron DeSantis, Nikki Haley, Haley, Chris Galdieri, State David M, Scanlan, Biden, —, Elise Stefanik, Sen, Ted Cruz, Sean Hannity, Doug Burgum, Vivek Ramaswamy, Tim Scott of, Faith Ninivaggi, Reuters Haley, Galdieri, Haley's, Chris Sununu, Scala, Matt McClain, DeSantis, Joe Biden, Nathan Howard Organizations: Getty, New, New Hampshire voters, Republican, Granite State, Florida Gov, United, New Hampshire, West Wing, Saint Anselm College, State, Democratic, Trump, GOP, New Hampshire GOP, Republicans, New York, Fox News, — Nebraska Gov, Tim Scott of South Carolina —, U.S, Omni, Washington Hotel, Resort, Reuters, The, New Hampshire Gov, CNBC, Florida, LaBelle, Washington Post, DeSantis, NBC News, Biden, Community Center Locations: Concord , New Hampshire, New Hampshire, Iowa, United Nations, South Carolina, Portsmouth , New Hampshire, Monday's Iowa, Granite State, New, Texas, Tim Scott of South Carolina, Bretton Woods , New Hampshire, U.S, Florida, The Granite, Granite, Palmetto, Derry, NH, Raleigh , North Carolina

☆ Winter Storms and Dangerous Cold Hammer Much of the U.S.
▼ + stars: | 2024-01-16 | by ( Suryatapa Bhattacharya | Ginger Adams Otis | ) www.wsj.com time to read: 1 min

A winter storm brought high winds and dangerously cold temperatures in the Northeast. The National Weather Service warned of ‘life-threatening windchills’ through Iowa’s presidential caucuses on Monday. Photo: Nathan Howard/Bloomberg NewsMore than 93 million people were under windchill advisories Monday, as Arctic cold and winter storms hammered much of the country. Brutally cold weather from a cold front spilling out of Canada continued across many parts of the country. Snow and freezing rain spread to the Mid-Atlantic and stretched over the Southern U.S. before the arrival of yet another arctic blast forecast later this week.

Persons: Nathan Howard Organizations: Northeast ., National Weather Service, Bloomberg, Southern Locations: Northeast, Iowa’s, Canada, Southern U.S

☆ Moderate Democrats could save House Speaker Johnson from wrath of hard-line conservatives over spending deal, says report
▼ + stars: | 2024-01-13 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

Some Democrats are prepared to defend Speaker Mike Johnson from far-right Republicans, NBC News reported. Dissent has grown among Republicans after Johnson brokered a bipartisan spending deal. AdvertisementA group of moderate Democrats has signaled their readiness to support Republican House Speaker Mike Johnson if hard-line conservatives attempt to remove him from power, echoing the ousting of his predecessor, Kevin McCarthy, NBC News reports. The pledge of support provides Johnson with a stronger standing amid fresh threats from far-right members dissatisfied with the bipartisan spending deal he brokered. In a meeting with conservatives, including MAGA sentinel Rep. Marjorie Taylor Greene, who opposes the spending deal, Johnson maintained, "Our top-line agreement remains."

Persons: Mike Johnson, Johnson, Scott Peters, —, Kevin McCarthy, Chuck Schumer, Johnson's speakership, MAGA, Marjorie Taylor Greene, Hakeem Jeffries, Jeffries, NATHAN HOWARD Organizations: Republicans, NBC News, Service, Republican, NBC, Democrat, Democratic

☆ How the Red Sea crisis could clobber the global economy
▼ + stars: | 2024-01-10 | by ( Hanna Ziady | ) edition.cnn.com time to read: +9 min

The Suez Canal accounts for 10-15% of world trade, which includes oil exports, and for 30% of global container shipping volumes. Maersk CEO Vincent Clerc told the Financial Times Thursday that re-establishing safe passage through the Red Sea could take “months.” “It could potentially have quite significant consequences on global (economic) growth,” he added. Ikea has warned of shipment delays and potential shortages of certain products due to disruption in the Red Sea. Some ocean carriers that ordinarily transit through the Panama Canal had rerouted to the Suez Canal before the attacks in the Red Sea escalated, according to logistics company C.H. Matthew Burgess, vice-president of global ocean services at the firm, said global shipping capacity would be constrained for a while yet.

Persons: Joe Biden, Vincent Clerc, Germany’s, Mohamed, El Erian, ” Simon MacAdam, Lily Millard, Ben May, Good Hope, ”, ” It’s, Abercrombie &, Nathan Howard, “, ” Philip Damas, —, Judah Levine, Levine, Eric Thayer, Carolina Klint, Marsh McLennan, Robinson, Matthew Burgess, we’ve, Gene Seroka, Burgess, C.H Organizations: London CNN, British, Energy, World Bank, Maersk, MSC, Lloyd, CMA CGM, Financial Times, Global, Germany’s Kiel Institute, Allianz, Bank, Capital Economics, Oxford Economics, European Automobile Manufacturers ’ Association, Ikea, CNN, Abercrombie, Abercrombie & Fitch, Bloomberg, Getty, Drewry Supply Chain Advisors, Marsh, United, Port Locations: Iran, Crocs, Suez, Yemen, Gaza, Germany, Brent, Gulf, Oman, South Africa, Germany’s Kiel, Red, Israel, Good, Europe, ”, China, Asia, Los Angeles, United States, Panama, Rotterdam, of Los Angeles, of New York, New Jersey

☆ Biden December fundraising blitz to star James Taylor, Spielberg
▼ + stars: | 2023-12-05 | by ( Jarrett Renshaw | ) www.reuters.com time to read: +3 min

[1/3] U.S. President Joe Biden speaks during a reception at the White House ahead of the 46th Kennedy Center Honors gala, in Washington, U.S. December 3, 2023. "We're putting in the work across our fundraising program and look forward to again outperforming the MAGA field," Biden campaign spokesperson Kevin Munoz said. Next week, Biden will raise money in Pennsylvania and Maryland with the states' Democratic governors Josh Shapiro and Wes Moore. Recent polling has shown the GOP frontrunner leading Biden in hypothetical matchups in key swing states and on the national level. Hollywood and the entertainment industry overall lean Democratic, at least when it comes to fundraising, according to OpenSecrets, which tracks campaign contributions.

Persons: Joe Biden, Nathan Howard, Biden, James Taylor, Stephen Spielberg, Rob Reiner, Michael Smith, James Costos, Barack Obama's, Lenny Kravitz, Wendy Schmidt, Eric Schmidt, Rick Caruso, Robert Tuttle, outperforming, MAGA, Kevin Munoz, Josh Shapiro, Wes Moore, Kamala Harris, Gretchen Whitmer, Alex Padilla, Julie Chavez Rodriguez, Donald Trump, Charles Koch's, Nikki Haley, Miriam Adelson, ouptaced Trump, Jarrett Renshaw, Heather Timmons, Bill Berkrot Organizations: White, 46th Kennedy Center, REUTERS, Democratic, Reuters, HBO, Los, Biden, Super, Trump, Democratic Party, Republican, Democratic National Committee, Hollywood, Thomson Locations: Washington , U.S, Boston, California, Los Angeles, Spain, Pennsylvania, Maryland, Michigan, Alex Padilla of California

☆ US Congress tries to overcome partisan logjam to avert government shutdown
▼ + stars: | 2023-11-14 | by ( David Morgan | ) www.reuters.com time to read: +5 min

REUTERS/Nathan Howard/File Photo Acquire Licensing RightsWASHINGTON, Nov 14 (Reuters) - U.S. House Speaker Mike Johnson's plan to avert a government shutdown faces a key test on Tuesday, as he tries to overcome hardline opposition from his own Republican conference, even as some Democrats signal tentative support for the measure. Senate Majority Leader Chuck Schumer, Congress' top Democrat, gave a tentative welcome to the proposal on Monday. But House Republican hardliners are threatening to use procedural roadblocks to stop the bill from advancing. With a slim 221-213 majority, the Republican speaker can afford to lose no more than three party votes on legislation that Democrats oppose. They claim the bill also leaves in place policies favored by prominent Democrats including Senate Majority Leader Chuck Schumer and Representative Nancy Pelosi, the former House speaker.

Persons: Mike Johnson, Nathan Howard, Mike Johnson's, Johnson, Joe Biden, Chuck Schumer, Schumer, Chip Roy, Roy, bipartisanship, Nancy Pelosi, Nancy Pelosi's, Andrew Clyde, Biden, McCarthy, David Morgan, Moira Warburton, Scott Malone, Richard Chang Organizations: U.S, Capitol, REUTERS, Rights, ., Republican, Democratic, Republicans, Food and Drug Administration, House, Social Security, Total U.S, Thomson Locations: Washington , U.S, Mexico

☆ CNBC Daily Open: The Moody’s downgrade was a non-event
▼ + stars: | 2023-11-14 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

In this article AMZNDISGSNFLXENR-DEXOM Follow your favorite stocks CREATE FREE ACCOUNTThe US Treasury building in Washington, DC, US, on Tuesday, Aug. 15, 2023. Nathan Howard | Bloomberg | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Investors, focused on the week ahead, are already shrugging off bad news from last week. On Friday, Moody's Investors Service cut its ratings outlook on the U.S. government from stable to negative.

Persons: Nathan Howard, Joe Biden, Xi Jinping, Fitch, Treasurys, There's, Michael Reynolds, Goldman Sachs, Peter Oppenheimer, Jeff Cox Organizations: Treasury, Bloomberg, Getty, CNBC, U.S, Investors, Moody's, Service, Poor's, Glenmede Investment Management, Dow Jones, Nasdaq, Reserve Locations: Washington , DC, Israel, U.S

☆ Top Biden Officials Press Congress for More Economic Aid to Ukraine
▼ + stars: | 2023-11-07 | by ( Andrew Duehren | ) www.wsj.com time to read: +1 min

From left, Secretary of State Antony Blinken, Treasury Secretary Janet Yellen, Defense Secretary Lloyd Austin and Agency for International Development Administrator Samantha Power wrote a letter asking for $11.8 billion in aid to Ukraine. Photo: Jonathan Ernst/Press Pool; Ronda Churchill/Bloomberg News; Nathan Howard/AP; Alex Wong/Getty ImagesWASHINGTON—Biden administration officials are pressing Congress to approve more economic aid to Ukraine, trying to overcome growing Republican opposition to financial support that has stabilized the Ukrainian economy after Russia’s invasion. In a letter sent to Capitol Hill, four top Biden administration officials urged lawmakers to provide $11.8 billion in direct budget support to Kyiv to help pay its day-to-day bills. While Republicans are divided over whether to supply Ukraine with more materiel, there is broad skepticism within the GOP over offering more economic aid.

Persons: Antony Blinken, Janet Yellen, Lloyd Austin, Samantha Power, Jonathan Ernst, Nathan Howard, Alex Wong, WASHINGTON — Biden Organizations: Agency for International, Ronda Churchill, Bloomberg, Getty, WASHINGTON, Capitol, Biden, Republicans Locations: Ukraine, Ronda, Kyiv

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