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☆ These groups help people of color and the LGBTQ+ community find a ‘radically inclusive space’ in the outdoors
▼ + stars: | 2024-06-19 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +7 min

Participants during the snowboarding activity with the Hoods to Woods Foundation at Big Snow American Dream in East Rutherford, New Jersey on June 13, 2024. "It keeps me out of the house," Gibson told CNBC from a lounge room in the Big Snow complex. Participants during the snowboarding activity with the Hoods to Woods Foundation at Big Snow American Dream in East Rutherford, New Jersey on June 13, 2024. The group also accepts donations of gear or gifts, while Big Snow has lent its facilities at no charge to the nonprofit for years. Through Hoods to Woods, Diaz, Paupaw and their volunteers have built many relationships with their participants.

Persons: Danielle DeVries, Gibson, Woods, Omar Diaz, Diaz, Brian Paupaw, Sebastian, Veronica Vogelman, Paupaw, Big Snow, Annette Diggs, Ciera Young, Zyshawn Gibson, Tah'gee Van Dunk, Abby Crisostomo, Crisostomo Organizations: Foundation, Big, CNBC EAST RUTHERFORD, Woods Foundation, CNBC, Snowsports Industries, National Ski Areas, Edge, Unlikely Riders Locations: East Rutherford , New Jersey, N.J, New York, New Jersey, United States, Paupaw, Woods, Washington, , Vermont

CNN —Boris Epshteyn, a close adviser to Donald Trump and former White House aide, pleaded not guilty on Tuesday to election subversion charges stemming from an April indictment in Arizona. Epshteyn, who appeared in court Tuesday via phone, is one of 18 defendants who, according to the indictment, “schemed to prevent the lawful transfer of the presidency to keep Unindicted Coconspirator 1 in office against the will of Arizona’s voters.”While Trump is not among those charged in Arizona, the details in the indictment suggest he is “Unindicted Coconspirator 1.”The scheme, according to the indictment, called for the fake electors to fraudulently vote for Trump, “falsely claiming to be the duly elected and qualified Electors for President and Vice President of the United States from the State of Arizona.”Epshteyn joined the Trump campaign in 2016 and is considered one of the former president’s most loyal advisers, speaking with him regularly. He was alongside Trump during his arraignment in his New York hush money case and traveled with him to arraignments in Georgia and Washington, DC. Others charged in the indictment include former Trump White House chief of staff Mark Meadows, along with former Trump attorneys Rudy Giuliani, John Eastman and Christina Bobb. All have pleaded not guilty.

Persons: Boris Epshteyn, Donald Trump, “, Trump, ” Epshteyn, Mark Meadows, Rudy Giuliani, John Eastman, Christina Bobb Organizations: CNN, White House, ”, Trump, Trump White House Locations: Arizona, United States, State of Arizona, New York, arraignments, Georgia, Washington

Would anybody like to see him as vice president?” Trump asked the crowd. Trump’s attempts to court Black voters come as polls show that Black men are more open to supporting the Republican nominee in this year’s election than they have historically been. Trump won roughly 1 in 10 Black voters nationally in 2020, according to multiple estimates, including 12% in CNN’s exit poll. He’s the king of the ‘super predators,’” Trump said during the roundtable discussion. “President Trump is not your typical politician,” Carson said.

Persons: Donald Trump’s, Trump, Byron Donalds, Ben Carson —, Carson, Donalds, “, ” Trump, Trump’s, Biden, Joe Biden, Donald Trump, Scott Olson, —, Semafor, ”, “ Donald Trump, ” Jasmine Harris, Hillary Clinton, “ Biden, ” Biden, Abraham Lincoln, ” Carson Organizations: CNN, Saturday, Church, Republicans — Florida, Urban, Trump ”, Republican, New York Times, Siena College, Trump, Black, Getty, Republicans, Milwaukee — Locations: Detroit, Siena, CNN’s, Michigan, Georgia, Pennsylvania, Baltimore, Washington, Milwaukee, Wisconsin’s

WHY WE’RE HEREWe’re exploring how America defines itself one place at a time. In the border city of Alamo, Texas, colorful dancers have turned a local flea market into a global internet sensation. June 15, 2024The punishing heat of late spring does nothing to keep the crowds from descending on La Pulga de Alamo, one of the flea markets that are a center of both commerce and culture in the Rio Grande Valley of South Texas. For as long as anyone can remember, pulgas — Spanish for fleas — have been part of the fabric of El Valle, as the area is known to the large Spanish-speaking population in this part of Texas, a slice of Mexico just north of the border. This is never more true than on the weekend, when the market in Alamo transforms from a shopping mecca into a one-of-a-kind dance hall whose fame has spread across the country and beyond.

Persons: spiro, Virgin Organizations: Walmart Locations: Alamo , Texas, de, Rio Grande Valley, South Texas, Guadalupe, El Valle, Texas, Mexico, Alamo

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☆ Officials in Arizona release Rudy Giuliani’s mug shot after he pleaded not guilty in election subversion case
▼ + stars: | 2024-06-10 | by ( Kyung Lah | Jack Hannah | ) edition.cnn.com time to read: +2 min

CNN —Rudy Giuliani was processed in Phoenix on Monday, weeks after pleading not guilty in Arizona to charges of allegedly conspiring to overturn the 2020 presidential election results. Giuliani was served on May 17 in Palm Beach, Florida, at his 80th birthday bash held by a GOP operative. Arizona prosecutors spent weeks trying to track down the former New York City mayor and eventually found him based on his podcasts. A grand jury in Arizona handed up indictments last month charging over a dozen Trump allies, including the fake electors and several individuals connected to his campaign, over their efforts to overturn his 2020 election loss. Goodman added that Giuliani “will be fully vindicated.”The Arizona indictment is just the latest legal woe for Giuliani stemming from his time as Trump’s attorney after the 2020 presidential election.

Persons: CNN — Rudy Giuliani, Donald Trump’s, Giuliani, President Trump, ”, Ted Goodman, Goodman, Veronica Stracqualursi, Zachary Cohen Organizations: CNN, GOP, New, New York City, Trump, Washington, Giuliani, Dominion Locations: Phoenix, Arizona, Maricopa County, Palm Beach , Florida, New York, Georgia

☆ The incredible oblivion of Judge Marvin Isgur
▼ + stars: | 2024-06-03 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +45 min

On a mild Houston day in March 2021, Judge Marvin Isgur prepared to oversee the only case on his docket that morning. In October 2023, the Fifth Circuit Court rebuked Judge David Jones but said that his longtime colleague, Judge Marvin Isgur, had been "unaware" of Jones' inappropriate relationship. "But only Judge Isgur knows what he knew or didn't know about the relationship." Much of this work was in cases before either Judge Isgur or Judge Jones. Isgur can continue to hear the case, he ruled, writing in the December 2023 opinion that lawyers for the creditor "failed to demonstrate much other than that former Judge Jones and Judge Isgur are close friends."

Persons: Marvin Isgur, David Jones, Jones, Elizabeth Freeman, Jackson Walker, Isgur, Michael Van Deelen, he'd, Freeman, Matthew Cavenaugh, Cavenaugh, Michael Van Deelen Van, Judge Jones, who'd, Steve Smith, Smith, Michael Lewis, Van Deelen, I'm, Van Deelen's, Tom Kirkendall, Gary Cruciani, Judge David Jones, Nancy Rapoport, University of Nevada Las Vegas William S, Kirkendall, " Jones, Trump, she's, Sarah, Porter Hedges, —, — Elizabeth Freeman, John Higgins, Whitney Ables, Josh Wolfshohl, Amy Lucas, Porter, Wesley Steen, Fifth Circuit —, that's, Liz, Bruce Markell, it's, Judge William Greendyke, Lynn LoPucki's, Patricia Tomasco, Christopher Lopez, Manges, Greendyke, Albert Alonzo, Alonzo, Jones Isgur, Susan Tran Adams, Matt Cavenaugh, Veronica Polnick, Genevieve Graham, cookout, Graham, Tran, Christina Morrison, David, I, Neiman Marcus, J.C, Penney, Freeman hadn't, hadn't, Jim Wilkinson, Ellis, Kirkland, Ellis —, Veronica Polnick —, Polnick —, Elizabeth, COVID, Jackson, Kirkland Ellis, they'd, — Greendyke, Wilkinson, Judge Isgur, Mike Warner, Eduardo Rodriguez, Rodriguez, Isgur's, Judge Lopez —, Lopez, Alfredo Perez, Weil, Perez, Richard Schmidt, Jack Newsham Organizations: Business, Southern District of, McDermott International, Southern, Houston, Fifth Circuit, Appeals, Department of Justice, Fifth, University of Nevada, Boyd School of Law, Circuit, University of Houston, American Bankruptcy Institute, Emory Law School, Emory, Facebook, Big Law, Reuters, Bloomberg, Northwestern's Pritzker School of Law, Enron, LinkedIn, Southern District of Texas, Judicial Conference, Texas, Chesapeake Energy, Big, Kirkland, Cavenaugh, UPS, Technologies, Candy Club, Omni, Norton Rose, GWG Holdings Inc, Brands, Southern District's, Southern District, US, Former Locations: Texas, Southern District, Southern District of Texas, Houston, New Orleans, United States, University of Nevada Las Vegas, Kirkendall, Galveston, Carolina, Porter, Harris, Nevada, Southern District of Texas , Delaware, New York, Delaware, Weil, Southern, disgorge, Sorrento, Corpus Christi, prefacing

☆ I've worked at Costco for 18 years. These 8 Kirkland Signature items feel high-end.
▼ + stars: | 2024-05-31 | by ( Veronica Thatcher | ) www.businessinsider.com time to read: +1 min

I've worked at Costco for 18 years, so I have a few favorite high-quality items I like to get there. In my opinion, the Kirkland Signature eyeglasses are comparable to those of designer brands. The Kirkland Signature hard seltzers are tasty and perfect to bring to parties or tailgates. AdvertisementI've worked at Costco for 18 years and love picking up high-quality products for my family. Oftentimes, I buy items from Costco's house brand, Kirkland Signature, which makes over 350 products, from food items to home essentials.

Persons: I've, — Organizations: Costco, Kirkland, Service, Business

☆ Calvin Klein Names a New Designer and Plans a Runway Return
▼ + stars: | 2024-05-30 | by ( Vanessa Friedman | ) www.nytimes.com time to read: +1 min

Calvin Klein, a brand that recently made waves with an ad campaign featuring the actor Jeremy Allen White in nothing but his underwear, is getting a little more buttoned up. On Thursday, it announced it would restart its high-end Collection business under a new creative director, Veronica Leoni, along with a return to the runway — and, perhaps, to its former position as a tentpole of New York Fashion Week. Ms. Leoni will be the first named designer Calvin Klein has had in five years and the first woman to lead the house. She is one of the few women to be appointed to the top of the creative side of a major brand in the last year, when most of the big jobs have been given to white men. Calvin Klein reported 2023 revenues of $3.9 billion, a growth of only 3 percent.

Persons: Calvin Klein, Jeremy Allen White, Veronica Leoni, Ms, Leoni, Valentino, Alexander McQueen, Moschino Organizations: New York

☆ Opinion: Mexico is about to elect its first woman president. The US isn’t heading in that direction anytime soon
▼ + stars: | 2024-05-29 | by ( Opinion Alice Driver | ) edition.cnn.com time to read: +8 min

While he has stated support for Roe v Wade, in 2023, at a fundraiser Biden said, “I’m a practicing Catholic. Feminist activists demonstrate in favor of the decriminalization of abortion on International Safe Abortion Day, in Mexico City, September 2023. Silvana Flores/AFP/Getty ImagesFor decades, abortion was criminalized in Mexico, while in the US the constitutional right was established in the Roe v. Wade decision in 1973. Since the Supreme Court overturned Roe v. Wade, more than 20 US states ban or restrict abortion. I never imagined that.”In the US, I wonder if I will see a woman elected as president in my lifetime.

Persons: Alice Driver, ”, Mexico’s, Alice Driver Luis_Garvan, Claudia Sheinbaum, Xóchitl, “, Donald Trump, Andrés Manuel López Obrador, Sheinbaum, Susan Segal, Trump, Stormy Daniels, Roe, Wade, Biden, “ I’m, I’m, Roe America, Silvana Flores, Verónica Cruz, ” Cruz Organizations: American Worker, Meatpacking Company, New Yorker, The New York, Oxford American, CNN, CNN —, Mexico City, Society, Americas, Roe, Getty, Mexico’s, America –, Trump, Biden, Young Texas Locations: Mexico, New, United States, New York, Roe, Mexico City, AFP, Arkansas, America, America – Mexico, Argentina, Colombia, Mexican

☆ The 11 best things to stream this weekend, from 'Dune: Part Two' to a Beach Boys documentary
▼ + stars: | 2024-05-24 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +1 min

The finales of "The Good Doctor" and "Survivor" aired this week. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "Survivor" and "The Good Doctor" both wrapped this week, the latter for good. This story is available exclusively to Business Insider subscribers.

Persons: Jennifer Lopez, —, It's, Max Organizations: Netflix, Service, Business

☆ One-third of single-family homes for sale are newly built, report finds. Here's what buyers need to know
▼ + stars: | 2024-05-20 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +4 min

While new builds are still sold for slightly more than existing homes, the price gap has significantly narrowed. Over the last six months, the median price for a new home is only about 4% higher than the median price of an existing house. Reducing the square footage of your home can help reduce construction costs as well as utility and maintenance costs down the line. Keep construction costs down: Major factors like lumber and labor costs significantly impact the cost of a new house. And depending on the kinds of materials you add to the house, builders are "adding up the tab," Veronica Fuentes, a wealth management advisor based in Washington, D.C., previously told CNBC.

Persons: Alistair Berg, Digitalvision, Nicole Bachaud, Dietz, Matthew Walsh, Walsh, homebuilders, Veronica Fuentes Organizations: Getty, Zillow Group, CNBC, U.S . Census, U.S . Department of Housing, Urban, Moody's, Washington , D.C Locations: U.S, Washington ,

☆ Eric Molitor was acquitted on charges related to the Gretchen Whitmer kidnapping plot. Now he’s running for sheriff
▼ + stars: | 2024-05-19 | by ( Alison Main | ) edition.cnn.com time to read: +6 min

CNN —A man acquitted last year on charges linked to a 2020 plot to kidnap Michigan Gov. Gretchen Whitmer is now looking to unseat an incumbent county sheriff. Eric Molitor has filed to run in the Republican primary this August against Trent Taylor, the sheriff of deep-red Wexford County in Northern Michigan. Taylor told CNN he believes he’s constitutionally obligated to enforce the state’s laws and that it would be “reckless” not to do so, as Molitor has said he would. Molitor told CNN his experience opened his eyes to flaws in the justice system.

Persons: Gretchen Whitmer, Eric Molitor, Trent Taylor, ”, Taylor, “, Molitor, Whitmer, he’s, ” Taylor, ” Molitor, we’ve, Dan Pfannes, Pfannes, MAGA, Donald Trump’s “, Trump, Michele Lundgren, Dana Nessel, ’ ”, CNN’s Lauren del Valle, Veronica Stracqualursi, Josh Campbell, Michelle Watson Organizations: CNN, Michigan, Republican, Democrat, Michigan State University, Northern, Capitol, Michigan House, Democrats, The Michigan Sheriffs ’ Association, Michigan Democratic Party, MAGA Republican, Michigan Republicans won’t, Republican Party Locations: Wexford County, Northern Michigan, Cadillac , Michigan, Michigan, Wexford

CNN —A federal judge has granted a motion to reopen the sentencing in the case against David DePape, the man convicted of the 2022 attack on House Speaker Emerita Nancy Pelosi’s husband, Paul, because he did not get a chance to speak during his sentencing hearing Friday. The judge will reopen the sentencing portion of the case on May 28 at 9:30 a.m. Nonetheless, it was the Court’s responsibility to personally ask Mr. DePape if he wanted to speak. Testifying in his own defense, DePape recalled that he was looking for Nancy Pelosi and that her husband was not on his list of targets. A state case against DePape that includes charges of attempted murder, burglary and assault is expected to go to trial this summer.

Persons: David DePape, Nancy Pelosi’s, Paul, DePape, ” DePape, didn’t, ”, Paul Pelosi, Nancy Pelosi, “, ‘, I’ll, Pelosi “, ” Pelosi, “ I’ve Organizations: CNN Locations: San Francisco

CNN —A federal judge on Friday sentenced David DePape to 30 years in prison, after he was convicted in the violent October 2022 attack on Speaker Emerita Nancy Pelosi’s husband, Paul. DePape was sentenced to 30 years for assault and 20 years for attempted kidnapping, which will run concurrently. DePape recalled that he was looking for Nancy Pelosi and that her husband had not been on his list of targets. She’s in Washington,” Pelosi recalled answering. He was violently struck in the head following a struggle with DePape, Pelosi said.

Persons: David DePape, Nancy Pelosi’s, Paul, DePape, Jacqueline Scott Corley, ”, Paul Pelosi, Nancy Pelosi, “, ‘, I’ll, ” DePape, Pelosi “, ” Paul Pelosi, Narendra Modi, Stefani Reynolds, Pelosi, “ She’s, ” Pelosi, “ I’ve Organizations: CNN, Northern, Northern District of, India's, White, Getty Locations: Northern District, Northern District of California, San Francisco federal, Washington ,, AFP, Washington

☆ Justice Department recommends 40-year sentence for man convicted of attacking Paul Pelosi
▼ + stars: | 2024-05-11 | by ( Lauren Koenig | ) edition.cnn.com time to read: +3 min

“This case here is about the why — the why matters,” Linker had argued to the jury. “This case is about whether David acted because of, on account of, Nancy Pelosi’s duties as a member of Congress. He didn’t, and he only struck Paul Pelosi in a quick moment of despair because the police arrived and his larger plan was thwarted.”CNN has reached out to Linker for comment. In his testimony, Paul Pelosi recounted how he awoke the night of the attack to see a man with a hammer in his home. He later came to in a pool of blood after being violently struck in the head following a struggle with DePape, Pelosi said.

Persons: Nancy Pelosi’s, Paul, David DePape, DePape’s, “, ”, Jodi, Paul Pelosi, David, didn’t, DePape, Nancy Pelosi, “ She’s, ” Pelosi, Pelosi, “ I’ve, Veronica Miracle, Jeffrey Kopp, Piper Hudspeth Blackburn Organizations: CNN — Prosecutors, San Francisco, Department of Justice, DOJ, ” CNN, Justice Department Locations: San, Washington, California

☆ A viral TikTok showed Southwest passengers baffled when a woman climbed into an overhead locker and just lay there
▼ + stars: | 2024-05-10 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +3 min

A TikTok went viral showing a woman on a Southwest Airlines plane lying in the overhead locker. It's not the first time this has happened, a flight attendant was spotted lying in an overhead locker in 2019. AdvertisementA TikTok video recently went viral showing a woman lying in the overhead locker of a Southwest Airlines plane, leaving passengers baffled. He said that the overhead locker directly above your seat doesn't belong to you. Overhead locker space is a hot-button issue for passengers, so it's probably wise to avoid using it as a seat, too.

Persons: It's, —, Veronica Lloyd, Lloyd, it's Organizations: Southwest Airlines, Service, The New York, Daily, ABC News, Business, Fox News Locations: TikTok, Albuquerque, Phoenix

☆ I've worked at Costco for 18 years. Here are 10 of the best things I'm seeing on the shelves this month.
▼ + stars: | 2024-05-09 | by ( Veronica Thatcher | ) www.businessinsider.com time to read: +1 min

As someone who's worked at Costco for 18 years, I know which items are worth grabbing at the store. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . As someone who's worked at Costco for over 18 years, I'm always on the lookout for the best-value items at the wholesale retailer. Here are 10 things I recommend checking out at Costco in May.

Persons: who's, —, I'm Organizations: Costco, Service

☆ Trump’s VP hopefuls continue auditioning to join his ticket, following weekend fundraiser
▼ + stars: | 2024-05-05 | by ( Kit Maher | Greg Clary | ) edition.cnn.com time to read: +8 min

Kristi Noem remained on defense after blowback from an anecdote about killing a 14-month-old dog and goat on her farm. “This is Joe Biden’s Democrat Party today,” the New York Republican said, alluding to scenes of chaos on campuses nationwide. “And the reality is this is why Republicans continue to poll stronger and stronger, because we represent peace and security. Video Ad Feedback Tapper presses potential Trump VP pick on 2020 election 04:10 - Source: CNNGoodbye, Sunshine State? Rubio also tried Sunday to tamp down on speculation that he would be Trump’s vice president.

Persons: Donald Trump’s, Joe Biden, Kristi Noem, Noem, Elise Stefanik, Doug Burgum, South Carolina Sen, Tim Scott, Florida Sen, Marco Rubio, Joe Biden’s, ” Rubio, ”, Biden, ” Scott, Trump, Scott, Donald Trump, ” Trump, NBC’s Kristen Welker, Kristen, ” Burgum, Tapper, Sunshine State ? Rubio, Rubio, “, doesn’t, He’s, ” Noem, “ Joe Biden’s, Kim Jong, I’d, Kim, “ I’ve, I’ve, CNN’s Casey Gannon, Veronica Stracqualursi Organizations: CNN, South Carolina Gov, Trump, Republican National Committee, Mar, North Dakota Gov, Fox News, Biden, Democratic Party, Joe Biden’s Democrat Party, New York Republican, Republicans, “ Fox, Press, White, Milwaukee Journal Sentinel, Sunshine State, RNC, Republican Party, CBS, Cricket, North, “ Locations: Florida, North, South Carolina, Israel, ”, United States, Dakota, South Dakota, Noem, North Korean

☆ Diego Maradona’s children call for moving body to mausoleum for safety and tribute
▼ + stars: | 2024-05-03 | by ( Story Reuters | ) edition.cnn.com time to read: +1 min

Reuters —Diego Maradona’s children filed a request with the Argentine Courts on Thursday to move the former football great’s body “to a much safer place” and for fans “to pay tribute” in a mausoleum. Maradona’s remains lie in a private cemetery on the outskirts of Buenos Aires where he was carried in November 2020 in a massive funeral procession. The mausoleum, called “Memorial del Diez,” is located behind the Casa Rosada, the seat of the executive branch of the Argentine government, and will be open to the public, Veronica Ojeda, mother of Maradona’s youngest son, told local media. Maradona died at age 60 in November 2020 from a heart attack. Fans of Napoli and of the Argentine national team worshipped him as the “god of football.”

Persons: Reuters — Diego Maradona’s, “, Veronica Ojeda, Maradona’s, ”, Gianinna Maradona, Ojeda, Diego Maradona Jr, Maradona Organizations: Reuters, Argentine, Casa, Dalma, Argentina, Napoli Locations: Buenos Aires, ”, Argentine

☆ Stock market today: Stocks rally ahead of big April jobs report
▼ + stars: | 2024-05-02 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +3 min

Stocks closed higher on Thursday ahead of Apple earnings and the April jobs report. Bank of America's Savita Subramanian said the stock market has more room to run even without a rate cut. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementUS indexes closed higher on Thursday ahead of Apple's earnings and a key labor report set to be published Friday morning. Bank of America's US equity head, Savita Subramanian, has said the stock market has more room to run even without looser monetary policy.

Persons: America's Savita Subramanian, —, Dow Jones, Veronica Clark, payrolls, Jerome Powell, Savita Subramanian Organizations: Apple, Bank, America's, Service, Nvidia, Microsoft, Dow, Citi, Bank of, Bloomberg, Nasdaq Locations: China

A growing group of America's young people are not in school, not working, or not looking for work. They're called "disconnected youth" or "opportunity youth," and their ranks have been growing for nearly three decades. Experts say it's not just work and school; this group is often also disconnected from a sense of purpose. Palmer added that those with limited access to transportation, people with disabilities, and young parents were also more susceptible. Disconnected young people don't have that luxury."

Persons: —, Destiny, She's, she's, They're, Kristen Lewis, Lewis, hadn't, there's, Sen, Tim Kaine, who's, Joseph, he's, hasn't, he'd, Ashley Palmer, Palmer, Sarah Nunley, Nunley, Veronica, There's, Lucchesi, they're Organizations: Service, Business, Federal Reserve Bank of Dallas, Social Science Research Council, Survey, University of Minnesota's, National Center for Education Statistics, Walmart, Texas Christian University, Ivy League Locations: Florida, Alabama, Indiana, Silicon Valley, YOLO, Texas

☆ Andrew Cuomo agrees to testify to Congress on Covid-19 nursing home advisory
▼ + stars: | 2024-04-26 | by ( Jake Tapper | Piper Hudspethblackburn | ) edition.cnn.com time to read: +4 min

Andrew Cuomo, after being subpoenaed last month, has agreed to testify to Congress about his controversial nursing home advisory from the early days of the Covid-19 pandemic, Rep. Brad Wenstrup told CNN’s Jake Tapper on Friday. Cuomo has insisted that advisory was consistent with guidance from the Centers for Medicare and Medicaid Services and the Centers for Disease Control and Prevention. However, his upcoming appearance before lawmakers is a sign of continuing scrutiny over his handling of long-term care facilities during the pandemic. The voluntary agreement means that Cuomo will participate with a transcribed interview rather than a deposition. Wenstrup told Tapper on Friday that the panel will also hear from Cuomo’s former secretary Melissa DeRosa and former commissioner of the New York State Department of Health Dr. Howard Zucker.

Persons: Andrew Cuomo, Brad Wenstrup, CNN’s Jake Tapper, “ Governor Cuomo, ” Wenstrup, “ I’m, Cuomo, Wenstrup, Rich Azzopardi, “, Letitia James, New York State Department of Health undercounted, Thomas DiNapoli, Tapper, CNN’s KFile, Melissa DeRosa, Howard Zucker, James ’, CNN’s Veronica Stracqualursi, Kaanita Iyer Organizations: CNN, Former New York Gov, Ohio Republican, Democratic, Centers, Medicare, Services, Centers for Disease Control, New York, New York State Department of Health Locations: ”

☆ A rate cut in June is still on tap because the job market is weakening, Citi economist says
▼ + stars: | 2024-04-25 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

It's still likely the Fed will issue its first rate cut this June, Citi economist Veronica Clark said. That's because central bankers will need to support a weakening labor market, Clark told Yahoo Finance. AdvertisementThe Federal Reserve is still likely to cut rates in June in order to prop up the labor market amid a slowdown in hiring, according to Citi economist Veronica Clark. "We have a base case for June still," Clark said of rate cuts, though she noted a July Fed rate cut was also possible. Markets are now pricing in just one or two cuts by December, according to the CME FedWatch tool, down from as many as seven rate cuts projected at the start of 2024.

Persons: It's, Veronica Clark, Clark, —, That's, Powell Organizations: Citi, Yahoo Finance, Service, Bureau of Labor Statistics — Locations: Central

☆ Slowing growth plus stubborn inflation add up to a headache for Fed officials
▼ + stars: | 2024-04-25 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

The slowing growth and stubborn inflation picture emerging in the U.S. economy may not be quite a nightmare scenario for the Federal Reserve, but it at least could make for some restless sleep. Markets had been looking for the string of good readings dating back to mid-2022 to continue, with economists estimating real GDP growth of 2.4% and inflation readings around 3%. What it got was essentially what some on Wall Street called the worst of both worlds, with weakening growth and stubborn price pressures. The Fed will get a more granular look at PCE data on Friday when the Commerce Department releases the monthly figures for March. "We still think Fed cuts are coming this summer, before inflation has sustainably slowed."

Persons: Matthew Ryan, —, Ryan, Steven Blitz, Veronica Clark Organizations: Federal Reserve, Commerce, Treasury, Commerce Department, TS Lombard, Citigroup, Citi Locations: U.S

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