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Chris Christie said Trump "certainly committed crimes" related to his classified documents indictment. Christie has already qualified for the first GOP presidential debate later in August. In June, a federal grand jury indicted Trump, accusing him of mishandling classified documents after he left the White House. The superseding indictment alleged that De Oliveira, Nauta, and Trump conspired to delete surveillance footage at the resort and obstruct the federal investigation. "And now the superseding indictment where he was ordering folks allegedly to delete the surveillance cameras, you know, it reminded me of like what maybe 'Abbott and Costello' meets the 'Corleones' would've looked like."
Persons: Chris Christie, Trump, Abbott, Costello, Christie, Donald Trump, Waltine, Carlos De Oliveira, De Oliveira, He's, FiveThirtyEight, Ron DeSantis, he's Organizations: Service, New, New Jersey Gov, Trump, White, Florida Gov Locations: Wall, Silicon, New Jersey, Lago, Nauta, Whe, Florida
Big banks on Wall Street passed their annual stress tests, dialing back fears of more banking turmoil. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyStocks ended mostly higher on Thursday on upbeat economic news and positive results of the latest bank stress tests from the Federal Reserve. The Dow Jones Industrial Average gained more than 200 points, while whe S&P 500 and Nasdaq Composite traded nearly flat. Meanwhile, big lenders on Wall Street passed their annual stress tests from the Federal Reserve, leading to a rally in bank stocks. Shares of Bank of America and JPMorgan rose about 3% through the course of the day.
Persons: , Stocks, whe, Wells Fargo Organizations: Dow, Nasdaq, Service, Federal Reserve, Dow Jones Industrial, Traders, Wall, Bank of America, JPMorgan, Wells, Dow Jones
Pinterest CEO Bill Ready warned that emerging AI tech could accelerate the negative impact of social media on mental health. During an interview with "Good Morning America," the CEO said that AI amplifies the "darkest aspects of human nature." The Pinterest CEO made the comments during a recent interview with "Good Morning America." "Interestingly, the discussion has been that this is just human nature — the social media platforms are just reflecting human nature — but in reality AI has been amplifying the darkest aspects of human nature," he said. Ready is far from the first executive to sound the alarm on emerging AI technology.
RBA's Dan Suzuki believes that bargain hunting for cheap stocks now may be an investing fallacy. Instead, investors should be focused on identifying tomorrow's market leaders. "That's the worst possible combination of macro factors for markets, so we're still pretty cautious in the outlook." He also listed examples of other real assets such as energy, manufacturing, and transportation infrastructure that require significant modernization. Playing offense in 2023Aside from high-quality defensive stocks, Suzuki also sees a few areas with attractive opportunities to play offense in this year.
Dmitry Medvedev noted pointedly that Russia still has weapons it's not used in Ukraine. Russia has been hit by heavy setbacks in the war, mostly recently its loss of the city of Kherson. Medvedev wrote in his latest message: "Russia, for obvious reasons, has not yet used its entire arsenal of possible weapons, equipment and munitions. Ukraine has pushed back Russian forces across a large swath of east Ukraine. US National Security Advisor Jake Sullivan said last month the consequences of using nuclear weapons for Russia would be "catastrophic."
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