DIRS.INFO The most relevant business & tech news

As governor, Mr. Evans increased aid for higher education and was instrumental in the creation of a state community college system. In 1970, Washington became the first state to create a Department of Ecology. When urban riots convulsed the nation, he went into Seattle’s poor neighborhoods and set up centers to deliver state services. Using executive powers, he established the Washington State Indian Affairs Commission in 1967 and the State Women’s Council in 1971. In 1969, he named the first Black members to the boards of the University of Washington and Seattle Community College.

Persons: ”, “, George H.W, George H.W . Bush, ‘, Gerald R, Ford, Evans, Nixon, Rockefeller, Bob Dole, Jimmy Carter, Thomas S, Foley, Evans “ Organizations: Ecology, Washington State Indian Affairs Commission, State Women’s Council, University of Washington, Seattle Community College, Democratic Locations: George H.W ., Bob Dole of Kansas, Washington

WASHINGTON — House Speaker Mike Johnson’s strategy to tie a short-term government funding bill to a Donald Trump-backed proposal to overhaul voting laws was on life support Monday after a band of conservative rebels vowed to vote no on the package. Without a stopgap funding bill, money will run out and the federal government will shut down at the end of the month. Because of the GOP’s razor-thin majority, Johnson, R-La., can afford only four Republican defections if all members vote. Mills slammed Johnson's strategy as a “farce” and said it would do nothing to secure the southern border. Instead, they are pushing for a "clean CR" — short-term funding with nothing attached to it.

Persons: Mike Johnson’s, Donald Trump, Johnson, — Cory Mills, Matt Rosendale, Tim Burchett, Jim Banks, Thomas Massie, Trump, Mills, ”, ” Mills, Rosendale, “, Chuck Schumer, Joe Biden, ” Schumer, Jamie Raskin, ” Raskin, … Donald Trump Organizations: WASHINGTON, Republicans, White, Capitol, Senate, GOP, House, Republican, “, ” Locations: Florida, Montana, Tennessee, Indiana, Kentucky

☆ 2 reasons why Disney's stock is worth buying despite a theme-park slowdown
▼ + stars: | 2024-08-24 | by ( Paulina Likos | ) www.cnbc.com time to read: +11 min

In fiscal 2022 and 2023 combined, Disney's experiences unit, which houses the parks, generated 67.5% of the company's operating income. That represents a significant deceleration in growth from its first and second quarters, when operating income rose 8% and 12%, respectively. Nispel argued that negative sentiment around Disney's theme parks performance could be a reason to have less conviction on the stock in the near term. The more excitement around its movies, the more interest in everything from theme parks to streaming services to branded merchandise. Operating income, in particular, rose more than $350 million year over year to $254 million.

Persons: that's, Disney, we're, Jim Cramer, Jeff Marks, amortization —, Brandon Nispel, Nispel, Bob Iger, Goldman Sachs, Goldman, Jim, Romulus, King, KeyBanc's Nispel, Jim Cramer's, Mickey Mouse, Minnie Mouse, Gary Hershorn Organizations: Disney, Magic, Club, Magic Kingdom, DIS, Comcast, CNBC, KeyBanc, Universal, Americas, —, Hulu, ESPN, Walt Disney World, Corbis, Getty Locations: California, Florida, Magic, Orlando , Florida, Orlando, Animal Kingdom

☆ The world is sitting on a $91 trillion problem. ‘Hard choices’ are coming
▼ + stars: | 2024-07-02 | by ( Hanna Ziady | ) edition.cnn.com time to read: +8 min

Yet, in a year of elections around the world, politicians are largely ignoring the problem, unwilling to level with voters about the tax increases and spending cuts needed to tackle the deluge of borrowing. In France, political turmoil has exacerbated concerns about the country’s debt, sending bond yields, or returns demanded by investors, soaring. “Many (politicians) are not willing to talk about the hard choices that are going to need to be made. Despite growing alarm over the federal government’s debt pile, neither Joe Biden nor Donald Trump, the main 2024 presidential candidates, are promising fiscal discipline ahead of the election. Former Prime Minister Liz Truss triggered a collapse in the pound in 2022 when she tried to force through big tax cuts funded by increased borrowing.

Persons: ” Roger Hallam, Karen Dynan, ” Kenneth Rogoff, ”, don’t, Joe Biden, Donald Trump, Biden, Paul Johnson, William Ruto, Liz Truss, hasn’t, Emmanuel Macron, Dynan, it’s Organizations: London CNN, Monetary Fund, Investors, Vanguard, CNN, US Treasury, Harvard Kennedy School, Harvard University, “, Congressional, CBO, Trump, Fiscal Studies, United Kingdom, Former Locations: United States, France, Germany, Kenya

☆ David Zervos: The key policy differences between Trump and Biden and what they mean for markets
▼ + stars: | 2024-06-18 | by ( David Zervos | Jefferies Chief Market Strategist | ) www.cnbc.com time to read: +6 min

By no means am I interested in tackling any impact policy differences may have upon non-market related subjects. Monetary policy So let's begin with monetary policy. Fiscal policy Now let's turn to fiscal policy. Trade policy Trade policy is easy. Regulatory policy Finally, the big kahuna, regulatory policy.

Persons: Donald Trump, Joe Biden, Clinton, Christopher Waller, Michelle Bowman —, Jerome Powell, Janet Yellen, Powell, Biden, Lisa Cook, Philip Jefferson, Bill Dudley's, Covid, Trump, Cato, Stocks Organizations: Trump, Federal Reserve, Fed, Trump Fed, Bloomberg, Democratic, Heritage, AEI, Biden Locations: China

☆ Netflix Wins $8.8 Million in Fight Over Planned TV Series
▼ + stars: | 2024-05-31 | by ( John Carreyrou | More About John Carreyrou | ) www.nytimes.com time to read: +1 min

An arbitrator ruled in Netflix’s favor in a high-profile dispute between the streaming giant and the Hollywood director Carl Erik Rinsch over a science-fiction series that never aired, awarding the company nearly $9 million in damages. Mr. Rinsch had sold Netflix the television show, “Conquest,” near the height of the streaming boom in 2018, but he never delivered any episodes. Netflix had to write off the $55 million it had spent on the project — a fiasco that became a symbol of the era of profligate spending that Hollywood studios are trying to put behind them as they focus on increasing profits rather than simply adding subscribers. Netflix canceled the development of “Conquest” in early 2021 after Mr. Rinsch’s behavior turned erratic. In texts and emails to Netflix executives, he claimed to have discovered Covid-19’s secret transmission mechanism and told his wife, a producer on the show, that he could predict earthquakes and lightning strikes.

Persons: Carl Erik Rinsch, Rinsch Organizations: Netflix, Hollywood Locations: Netflix’s, ”

☆ Meet nuclear power's newest fans: data centers
▼ + stars: | 2024-05-06 | by ( Daniel Geiger | Ellen Thomas | ) www.businessinsider.com time to read: +11 min

The deal illustrates data centers' new-found interest in nuclear power. Joe Dominguez, the CEO of Constellation, the nation's largest operator of nuclear plants, said in a March earnings call that powering data centers with nuclear energy was "kind of a perfect marriage." AdvertisementVistra, another nuclear owner, also indicated it was arranging data center deals for a nuclear plant it owns in Ohio and one in Texas. Greg Poulos, the executive director of a PJM watchdog group, said that "one of my highest priority, highest radar items" is how data centers could push costs onto consumers and also whether nuclear data centers deals could reduce grid reliability. Beyond the nuclear optionNot all data centers, of course, are seeking out nuclear power to seize their energy independence.

Persons: —, Wes Swenson, Swenson, Joe Dominguez, Jim Burke, Ralph La Rossa, La Rossa, Steve Helber, Burke, Dominguez, PJM, Michael Jacobs, Brian Janous, Greg Poulos, Poulos, Biden Organizations: Service, Susquehanna, Amazon, Business, US Energy Information Administration, Nuclear, Constellation, Public Service Enterprise Group, Microsoft, International Energy Agency, Dominion Energy, Talen Energy, Energy, Union of Concerned Locations: Pennsylvania, Salt Lake City, Ohio, Texas, New Jersey, Our, Jersey, Virginia, Chester , Va, Susquehanna, Chicago, New York City

Meta’s A.I. But for investors, that’s not enough — and that’s a warning to other tech giants set to announce their own financial results in the coming days. That makes clear that while Wall Street loves the opportunities that A.I. The company plans to spend $35 billion to $40 billion this year — much of that on the technology — up from a forecast of $30 billion to $37 billion. It also expects second-quarter revenue to come in at $36.5 billion to $39 billion, below analyst estimates.

Persons: Meta’s, Meta, that’s, Mark Zuckerberg Organizations: Facebook, Wall, Meta

☆ Jim Cramer: Why a successful Reddit IPO would be bad news for this bull market
▼ + stars: | 2024-03-03 | by ( Jim Cramer | ) www.cnbc.com time to read: +14 min

There's nothing like a moribund IPO market to create a pleasant backdrop for a bull run. Hot on the heels of the Reddit deal is the expiration of the IPO lockup period for Arm Holdings on March 12. I thought it might occur after the successful Arm deal, but like so many nascent attempts to revive the IPO market there was nothing worth following up with until the Reddit deal. This brings me back to the IPO market. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: We've, It's, Reddit, Sam Altman, Conde Nast, Rene Haas, Steve Huffman, Reddit's, —, isn't, Morgan Stanley, Goldman Sachs, Uber, Jim Cramer's, Jim Cramer, Jim, Mateusz Slodkowski Organizations: Advance Magazine Publishers, Arm Holdings, Company, Nvidia, Employees, GameStop, Supply, Amazon, Walmart, Securities and Exchange Commission, Investors, Fidelity, ICE, Costco, Rite Aid, Tech, Microsoft, Meta, Federal Trade Commission, White House, Jim Cramer's Charitable, CNBC, Getty Locations: British, TheStreet.com, Reddit, POLAND

☆ Let's accept it: The Fed's rate hikes did little to slow this roaring economy
▼ + stars: | 2024-02-19 | by ( Jim Cramer | ) www.cnbc.com time to read: +12 min

OK, you will never confuse me for a rapper, but those are the four words that describe this economy right now. I have not been a fan of this company because of its losses and its inability to pivot to profit. You have to add the DoorDash numbers to the Toast numbers to see the strength of the go-out and go-in parts of the economy. I am just saying that the Federal Reserve does not have a handle on how overheated this economy has become. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Todd Schneider, Kevin Hourican, Ralph Lauren, Ralph, That's, Lam, Barry Sternlicht, Otis, There's, Eaton, Parker, Uber, it's, Morgan Stanley, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Walmart, Home, Philadelphia Eagles, Applied Materials, Federal Reserve, Simon Property Group, Costco, Property, Reuters, Saudi, Mastercard, American Express, Lam Research, Nvidia's, Waste Management, Starwood Capital, U.S, Fed, Jim Cramer's Charitable, CNBC Locations: DraftKings, China, Emerson, Dover, Cummins, —, Wells Fargo, San Francisco

☆ Nikki Haley Goes After Trump and Biden in ‘Grumpy Old Men’ Campaign
▼ + stars: | 2024-01-31 | by ( Jazmine Ulloa | ) www.nytimes.com time to read: +1 min

Two curmudgeonly old rivals, reclusive spendthrifts, are marching toward a showdown that a lot of people really wish wasn’t happening. If that is the plot of a slapstick comedy, it’s also the latest knock from Nikki Haley on former President Donald J. Trump and President Biden as she fights for oxygen ahead of the Republican primary in South Carolina on Feb. 24. In a new series titled “Grumpy Old Men,” the Haley campaign on Wednesday plans to start unveiling online videos, digital ads and voter emails that will underscore the ways in which Ms. Haley has argued that the two party front-runners are alike. It also follows her more aggressive posturing toward Mr. Trump as the two head into a heated face-off in South Carolina, the state where she was born and raised, and which she led as governor. Attacks on Mr. Biden’s age did not play well during the 2020 Democratic presidential primary.

Persons: spendthrifts, it’s, Nikki Haley, Donald J, Trump, Biden, Haley, “, Profligate, ’ Organizations: Republican, Democratic Locations: South Carolina, Iowa

With one team scoring after just 18 seconds and another after 21 seconds, the Premier League made an explosive return Tuesday following the competition's short winter break. Arsenal left it much later for its goals in a win that kept the pressure on Liverpool at the top. Arsenal might be able to maintain a title push heading into the final months of the campaign, but can Aston Villa? Adebayo's first came after just 18 seconds and it was barely the quickest of the night, with Ben Brereton Diaz scoring after 21 seconds for Sheffield United in its 3-2 loss at Crystal Palace. Ollie Watkins grabbed a consolation for Villa, which will drop to fifth place if Tottenham beats Brentford on Wednesday.

Persons: Gabriel Jesus, Bukayo, Aston, Unai, Villa, Elijah Adebayo, Ben Brereton Diaz, JESUS, ARSENAL Gabriel Jesus, Oleksandr Zinchenko, Matt Turner —, Jesus, Taiwo Awoniyi, Villa hadn't, Fabian Schar, Alex Moreno’s, Ollie Watkins, ___ Steve Douglas Organizations: Premier League, Arsenal, Liverpool, Arsenal's, Nottingham Forest, Aston Villa, Champions League, Luton, Sheffield United, Crystal Palace, Fulham, Everton, ARSENAL, Forest, Chelsea, VILLA, Newcastle, Villa, Tottenham, Brentford, Wednesday Locations: Liverpool, Newcastle, Brighton, Brazil, Oleksandr

Iowa Republicans were a clear reflection of that on Monday night, delivering the former president an emphatic victory. As clear-cut as his win was, though, Iowa has not historically played the role of kingmaker in the Republican nominating process. He chose to appear at court hearings as a defendant in his legal cases in New York and Washington rather than speak to Iowa voters in the final days before the voting. With its more moderate, educated electorate, New Hampshire presents Trump’s rivals with possibly their best opportunity to slow his march. Trump's strength among Republican voters is beyond dispute, but the road is long and could be bumpy.

Persons: — Donald, Joe Biden, kingmaker, Trump, He’s, didn’t, Biden, Nikki Haley, Bush, John McCain, Walter Mondale, Gary Hart, Haley, “, Iowans, caucusgoers, Ron DeSantis, DeSantis, RAMASWAMY, Vivek Ramaswamy’s quixotic, Ramaswamy, Eminem, Chris Christie Organizations: WASHINGTON, Republican Party, White House, Iowa Republicans, AP VoteCast, Former South Carolina Gov, Colorado, Democratic, U.S, Supreme, Trump, Republican, Florida Gov, MAGA, White, Trump Trump, Republican White House Locations: Iowa, New York, Washington, New Hampshire, Hampshire, South Carolina, U.S, Florida, New Jersey, America

☆ ‘True Detective: Night Country’ Review: Iced In
▼ + stars: | 2024-01-12 | by ( Mike Hale | ) www.nytimes.com time to read: +2 min

“True Detective” was never a series that went in for tender moments, but “True Detective: Night Country” — the show’s fourth season, after a five-year hiatus — takes a particularly unforgiving approach to the human condition. What is happening is that someone is disposing of the dismembered body of the close family member they have just killed. Created for HBO back in 2014 by the writer and English professor Nic Pizzolatto, the original iteration of “True Detective” was a gothic crime drama, in anthology form, marked by Pizzolatto’s penchant for ostensibly profound, quasi-poetic dialogue — Raymond Chandler by way of Rod McKuen. The new season, directed and largely written by the Mexican filmmaker Issa López (it premieres on Sunday), dispenses with the poetry — it is by and large a plain-spoken affair. But where Pizzolatto’s “True Detective” stories were essentially traditional noirs with a gloss of pop psychology and horror-movie sensationalism, López commits fully to the outré and the supernatural.

Persons: ”, Nic Pizzolatto, Raymond Chandler, Rod McKuen, Issa López, López, That’s Organizations: HBO, coy Locations: Mexican

☆ Some options trades for avoiding an asset bubble and other macroeconomic troubles
▼ + stars: | 2024-01-11 | by ( Michael Khouw | ) www.cnbc.com time to read: +9 min

There are some trades for investors looking to avoid a possible asset bubble and other potholes that could be ahead. The standard 30-year fixed mortgage rate rose even further, a function of both the rising risk-free rate and the rising spread. Buying bonds has interest rate risk. Moreover, the spread between mortgage rates and Treasuries is unusually high. Risk-free rates stay static or even rise mildly, but if the spread narrows mortgage rates could fall, a tailwind for a mortgage portfolio.

Persons: There's, Murray Rothbard, Milton Friedman, Ben Bernanke, Bernanke's, Janet Yellen, Jerome Powell, Howard Marks, Charlie Munger, Berkshire Hathaway, Marks, Steve Eisman, Neuberger Berman, they've Organizations: Federal Reserve, Fed, Federal Reserve Bank, Vanguard Value, Technology, MBS Locations: U.S, deflate, Berkshire

☆ The Strange $55 Million Saga of a Netflix Series You’ll Never See
▼ + stars: | 2023-11-22 | by ( John Carreyrou | More About John Carreyrou | ) www.nytimes.com time to read: +1 min

He had directed only one movie, “47 Ronin.” It was a commercial and critical dud, and Mr. Rinsch’s tussles with its producers had raised eyebrows, even in an industry where such conflicts are the norm. Amid the feeding frenzy, the project that Mr. Rinsch was pitching — a science-fiction series about artificial humans — became a hot property. After a competitive auction, Mr. Rinsch and his representatives reached an informal eight-figure agreement with Amazon. The project with Mr. Rinsch has turned into a costly fiasco, a microcosm of the era of profligate spending that Hollywood studios now are scrambling to end. Netflix burned more than $55 million on Mr. Rinsch’s show and gave him near-total budgetary and creative latitude but never received a single finished episode.

Persons: Carl Erik Rinsch, Rinsch’s, Rinsch, Cindy Holland Organizations: Disney, Apple, Amazon, Netflix, Hollywood Locations: Hollywood

☆ Jim Cramer says a big cloud over the bond market has been lifted
▼ + stars: | 2023-11-01 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Wednesday praised the Treasury Department's quarterly refunding plan, saying its method of managing the U.S.' growing debt load is just what the unsettled bond market needed. The routine announcement is receiving more attention than usual on Wall Street because of the steep rise in bond yields over the past few months. Higher bond yields often lead to increased volatility on the stock market. In particular, Cramer praised Josh Frost, the department's assistant secretary for financial markets, and the author of the report. "The 30-year buck stops right here at the door of Josh," Cramer said.

Persons: CNBC's Jim Cramer, Cramer, Josh Frost, Frost, Josh Organizations: Treasury, U.S, U.S . Treasury

☆ ‘It’s Like Our Country Exploded’: Canada’s Year of Fire
▼ + stars: | 2023-10-24 | by ( David Wallace-Wells | ) www.nytimes.com time to read: +4 min

Instead, he emphasizes what might be called the power law of wildfire spread. Most fires are not hard to put out if you want to extinguish them and don’t spread very fast if you don’t. Globally, the fire story is less exponential, with declines in burned area in sub-Saharan Africa mostly offsetting rapid fire growth in the major midlatitude hot spots, with the global trend in fire emissions, as a result, mostly flat. If we manage the forest around my little town, well, maybe we can stop my little town from burning down,” she says. And if we don’t, it’s all a game.” She goes on: “It doesn’t matter what we do in the forest, things are going to burn.

Persons: Pyne, We’re, ”, Mike Flannigan, “, Flannigan, Rachel Holt, ” Holt Locations: Canada, British Columbia, United States, American, Saharan Africa, Russian Siberia, Australia

☆ Cramer on 5 risks facing markets — and why it's not the 'most dangerous time'
▼ + stars: | 2023-10-22 | by ( Jim Cramer | ) www.cnbc.com time to read: +9 min

It is, however, by all appearances not a great time to be long stocks. But before that could happen, the markets would fall in response to Iran's actions and the U.S. commitment to defend Israel. All three enemies — Iran, Russia and China — are, indeed, being challenged by the U.S. in some capacity. But is it really too much to argue that multiple compression is not on par with "the most dangerous" of times? As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jamie Dimon, JPMorgan Chase, Ben Bernanke, Bernanke, I, Hamas, —, hasn't, bearish parry, Jingoism, Jerome Powell, Janet Yellen, infuses, Powell, We've, Jim Cramer's, Jim Cramer, Jim, Emily Elconin Organizations: JPMorgan, CBS, Israel, Fed, U.S ., Houston Astros, Jim Cramer's Charitable, CNBC, JPMorgan Chase &, Economic, of Detroit, Bloomberg, Getty Locations: Republic, Iran, Russia, China, Gaza, Israel, what's, U.S, East, Ukraine, Taiwan, Detroit , Michigan

☆ Sam Bankman-Fried's lieutenant Nishad Singh said he was embarrassed by 'flashy' FTX spending
▼ + stars: | 2023-10-16 | by ( Jacob Shamsian | Katie Balevic | ) www.businessinsider.com time to read: +8 min

Singh testified at Bankman-Fried's trial that his concerns were almost always rebuffed. In Manhattan federal court Monday, Singh testified about how he frequently questioned and pushed back against Bankman-Fried's spending sprees and investment decisions — and was almost always rebuffed. "I would hear that my opinions were already factored in, and I didn't need to continue sharing them," Singh testified. Singh testified that he came to know Bankman-Fried through a friendship with the FTX founder's younger brother, Gabe Bankman-Fried. Infighting over expensesThe pair often disagreed on money, Singh testified.

Persons: Nishad Singh, Sam Bankman, Singh, —, Fried, Bill Clinton, Tony Blair, spender, Caroline Ellison, Gary Wang, Gabe Bankman, FTX, SBF, I've, Sam, Tom Brady, Gisele Bündchen, Steph Curry, Kevin O'Leary, Larry David, Jon Kopaloff, Fatih Aktas, Getty Images Singh, Michael Kives, Hillary Clinton, Katy Perry, Orlando Bloom, Ted Sarandos, Jeff Bezos, Kate Hudson, Leonardo DiCaprio, Corey Gamble, Kendall Jenner, Singh wasn't, Kris Organizations: Service, Bankman, Alameda, US Securities and Exchange Commission, University of California, Facebook, Engineering, Sequoia Capital, Yuga, Miami, Major League Baseball, of Legends, Getty Images, Anadolu Agency, K5 Global Locations: Bankman, FTX, Manhattan, Berkeley, Alameda, Bahamas, Kazakhstan, Albany

☆ Leon Cooperman expects very little from the market and is only interested in individual stocks
▼ + stars: | 2023-10-12 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Leon Cooperman at the 2019 Delivering Alpha conference in New York on Sept. 19, 2019. Billionaire investor Leon Cooperman said he remains a bear with little interest in the broader stock market, partly because it's underestimating the risk of a fiscal crisis. "I'm of the view that we borrow from the future with very profligate fiscal policy," Cooperman said at CNBC's Financial Advisor Summit. "Ultimately, we will have a crisis in public sector finance, and the market is not discounting a crisis. Given his long-term pessimism, Cooperman isn't buying the stock market benchmarks.

Persons: Leon Cooperman, it's, Cooperman Organizations: Alpha, Billionaire, CNBC's Financial, Omega Family Office, U.S . Locations: New York, U.S

So-called bond vigilantes - investors who punish profligate governments by selling their bonds, driving yields higher - were a feature of markets in the 1990s, when concerns over U.S. federal spending pushed Treasury yields to 8%. Strategist Ed Yardeni, who coined the bond vigilantes term in the early 1980s, has also chimed in. “The bond vigilantes have been challenging (Treasury Secretary Janet) Yellen’s policies by raising bond yields to levels that threaten to create a debt crisis,” he said in a Financial Times opinion piece on Wednesday. Famed bond investor Bill Gross, who co-founded Pacific Investment Management Co., said bond vigilantes will have a muted effect now given the Fed's larger role in markets. Bond investors "are rather powerless pawns in this interest rate chess game," he told Reuters by email.

Persons: Fitch, doesn't, Gene Tannuzzo, Jake Remley, Ed Yardeni, Janet, ”, Bill Gross, Greg Whiteley, Robert Tipp, David Randall, Davide Barbuscia, Ira Iosebashvili, Megan Davies, Cynthia Osterman Organizations: Bond, Columbia, Treasury, Apollo, Treasury Department, Government, Social, Research, Management, “, Pacific Investment Management Co, Thomson Locations: Wall, Boston

☆ Christie lets Fed off the hook for inflation, blames Trump and Biden for overspending
▼ + stars: | 2023-09-05 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Americans dogged by persistently high prices are finally getting signs of relief as inflation has slowly but steadily cooled over the past year — but that's no thanks to President Joe Biden, according to Republican presidential candidate Chris Christie. "Inflation has started to retreat, I think almost exclusively because of [Federal Reserve] policy," Christie, the former governor of New Jersey, said Tuesday on CNBC's "Last Call." "We're certainly not seeing any reduction in spending by the Biden administration, and they're still printing lots of free money," Christie said. But Biden and his predecessor, former President Donald Trump, both deserve the lion's share of the blame due to their profligate spending, the former governor argued. "In the end, the cause of this is Joe Biden and his spending and Donald Trump and his spending during his time in the White House," said Christie, whose presidential primary campaign has been aggressively critical of Trump.

Persons: Joe Biden, Chris Christie, Christie, Biden, Donald Trump Organizations: Republican, Federal, Trump Locations: New Jersey

☆ Opinion | When I Tell You Nikki Haley Is Pathetic, That’s an Understatement
▼ + stars: | 2023-08-29 | by ( Frank Bruni | ) www.nytimes.com time to read: +1 min

But I have this thing called a memory, and as one of my favorite classic rock bands pledged, I won’t get fooled again. Past Haley, present Haley, future Haley: They’re all constructs, all creations, malleable, negotiable, tethered not to dependable principle but to reliable opportunism. That’s the hell of her. She has undeniable smarts and formidable talent, as Vivek Ramaswamy learned. She treated his so-called foreign policy as so many nonsense words scrawled with crayon in a toddler’s coloring book.

Persons: Nikki Haley, —, Donald Trump, Vivek Ramaswamy —, Haley, They’re, Vivek Ramaswamy Locations: Milwaukee

☆ Opinion | Winners and Losers of the First Republican Debate
▼ + stars: | 2023-08-24 | by ( ) www.nytimes.com time to read: +22 min

Welcome to Opinion’s commentary for the first Republican presidential primary candidate debate, held in Milwaukee on Wednesday night. Gail Collins: She seemed generally reasonable and wow, when the debate turned to education and she actually brought up reading. If there’s any life left in the old G.O.P., Haley gave it hope. Perhaps more important, in taking on the glib and callow Ramaswamy on Ukraine, she showed anger and dominance, essential qualities in a Republican debate. Any debate that doesn’t feature Chris Christie at the front of the highlight reel is a bad night for Christie.

Persons: Jamelle, Nikki Haley, Haley, Gail Collins, Matthew Continetti, G.O.P, Michelle Cottle, —, Trump —, Ramaswamy, suburbanites, Ross Douthat, David French, Reagan, Michelle Goldberg, callow Ramaswamy, Amy Klobuchar, Pete Buttigieg, Katherine Mangu, Christie, “ Trump, “ Donald Trump, Daniel McCarthy, Vivek, Bret Stephens, Mike Pence’s, Mike Pence, Pence, Mike, Vivek ”, Vivek Ramaswamy, Trump, ”, he’ll, Jesus, Ramaswamy —, ChatGPT —, you’ve, Marco Rubio, Chris Christie, He’s, Joe Biden, Martha MacCallum, Ron DeSantis, Hunter Biden, DeSantis, Donald Trump, MAGA, pander, smartly, Sharp, Biden, refighting, Ron, Hutchinson, clearheaded, Still, Scott, Tim Scott, Meh, ” Daniel McCarthy, Pleasant, Donald Trump’s, wasn’t, I’d, Ramaswamy’s, callow, I’m, insufferable, Preening, Doug Burgum, Achilles, Burgum, he’s, Asa Hutchinson, Trump’s, Asa Hutchinson didn’t, didn’t Organizations: Republican, Republican Party, Trump, Ramaswamy, Pence, Pious, Trump Republicans, MSNBC, Fox, Department of Justice, United Nations, Energy, Department of Education, Republicans Locations: Milwaukee, Iowa, New Hampshire, Ukraine, America, Mexico, Florida, Covid, China, MAGA, Arkansas

Search resuls for: "Profligate"

25 mentions found