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☆ New York Democrats are desperate to avoid repeat of their 2022 midterm collapse
▼ + stars: | 2024-09-18 | by ( Gregory Krieg | Gloria Pazmino | ) edition.cnn.com time to read: +12 min

New York Democrats offered a wide array of excuses for their disastrous 2022 midterms, when Republicans flipped four seats outside New York City on their way to winning a narrow US House majority. Now, less than two months out from the 2024 general election, the state party, its campaign season allies, chastened candidates and Gov. D’Esposito is one of five New York GOP freshmen facing an onslaught from Democrats determined to claw back suburban voters. “New York is the reason Democrats lost the House in 2022,” said Pamela Shifman, president of the Democracy Alliance, a liberal group spending big in New York this year. “There’s more focus than there was the last couple cycles, both from the state party, but also obviously the national committees,” the strategist said.

Persons: Kathy Hochul, Donald Trump’s, Anthony D’Esposito’s, Laura Gillen, Joe Biden, Gillen, Marc Molinaro, Mike Lawler, Nick LaLota, Brandon Williams, Kamala Harris, ”, Pamela Shifman, Nancy Pelosi, Pelosi, “, Jay Jacobs, ” Hochul, Andrew Caballero, Reynolds, Ana María Archila, Archila, Trump, Hakeem Jeffries, Jeffries, Kirsten Gillibrand, Lizzy Weiss, Hochul, Andrew Cuomo, Tom Suozzi, Republican George Santos, Gabby Seay, Chip Somodevilla, “ Jeffries, “ He’s, Seay, Michael Bloomberg, Elizabeth Frantz, Lawler, Sean Patrick Maloney, Mondaire Jones, ” Lawler, Jones, Roe, Lee Zeldin, Riley Gaines Organizations: CNN, New York Democrats, Republicans, Gov, Democratic, Republican Rep, New York GOP, Trump, Democracy Alliance, Politico, Democratic National Convention, New, Getty, Families Party, Democratic Congressional, Committee, New York’s, Republican, ”, Capitol Visitor Center, GOP, PAC, New York Fund, Empire, New York, Congressional, Democrats, Rep, “, Working, Party, US, Wade, Convention Locations: New York City, Long, York, Hudson, Central New York, “ New York, New York, Chicago, AFP, Washington ,, strategizing, strategize, Gaza, Suozzi, Hudson Valley, State

Within hours of Biden dropping out of the race and endorsing his vice president on Sunday, Trump’s campaign managers had released a blistering statement tying Harris to the administration’s policies. Instead, Trump’s team had orchestrated an exacting campaign around defeating Biden. But it was soon widely acknowledged within Trump’s camp that Biden bowing out would also throw their own campaign into uncertainty. Trump’s campaign also began privately ramping up and testing new lines of attack on Harris — someone they had largely ignored since she was sworn in as vice president. While polling has shown Harris is the best known among possible Democratic candidates to replace Biden, Trump’s advisers and allies maintain that most Americans don’t know much about her, creating an opening to define her to the public.

Persons: Donald Trump, Joe Biden’s, Biden, Kamala Harris, Harris, Trump, “, It’s, anoint Harris, won’t, ”, surrogates, Harris ’, Harris “, Chris LaCivita, LaCivita, can’t, –, Biden deputized, Ohio Sen, JD Vance, pollsters, Biden –, Biden’s, “ Biden, Kamala, ” Brian Bartlett, Mitt Romney’s, ” Bartlett, Arizona Sen, Mark Kelly, Josh Shapiro, Roy Cooper, they’ve, Gretchen Whitmer, Gavin Newsom, Hillary Clinton, Andy Beshear, CNN’s David Wright Organizations: CNN, Democratic, Trump, ABC, Fox News, Biden, Committee, California Democrat, Republican, Convention, MAGA Inc, Republican National Convention, Georgia, Democrats, Black, North Carolina Gov, Michigan, Kentucky Gov Locations: California, Arizona , Georgia, Nevada, Pennsylvania, Milwaukee, Central America, Arizona, Kentucky

☆ Ron Insana: Look to the U.S. for economic resilience and continued global stock market leadership
▼ + stars: | 2024-07-13 | by ( Ron Insana | ) www.cnbc.com time to read: +4 min

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 3, 2024. The S&P 500 is up nearly 18% in 2024, while the Nasdaq Composite is up 22% in that same time frame. Americans have often been accused, especially by those living abroad, of having a rather narrow view of the world. But President Xi Jinping's "party over prosperity" political model continues to dampen enthusiasm among both foreign investors and domestic consumers. There may be a day that that becomes true and other economies and markets may prove more alluring, but that day has yet to come.

Persons: it's, Xi Jinping's, It's, Dorothy Gale of, Ron Insana Organizations: New York Stock Exchange, Nasdaq, U.S, National Institution for Finance, Development, Monetary Fund, Overseas, Treasurys, U.S ., CNBC Locations: New York City, U.S, Japan, Argentina, Turkey, China, Shanghai, Italy, Spain, America, Dorothy Gale of Kansas

CNN —President Joe Biden told top donors on a video call Monday that he is still the best candidate to defeat former President Donald Trump as the Biden campaign and the White House sought to move beyond a crisis threatening to consume the Democratic Party. “It’s still a huge hole to climb out of,” the Democratic donor said, speaking on condition of anonymity to avoid alienating the campaign. While the Biden campaign has pointed to a rush of small-dollar donations over the past week, a senior adviser said the falloff among high-dollar contributors was highly troubling. Morgan blamed Biden’s campaign team for his debate performance and argued that Vice President Kamala Harris is in place “if something happens” to Biden. And that’s what people need to be focusing on.”Phillips said anxious Democratic donors “need to get out of their feelings” and instead put their energy behind turning out those voters and selling them on the administration’s accomplishments.

Persons: Joe Biden, Donald Trump, Biden, “, I’m, ” Biden, ”, It’s, Trump, ” “ We’re, he’ll, –, Wes Moore, “ It’s, Chris Korge, “ I’m, Joe ”, Harris, John Morgan, They’ve, Morgan, ” Morgan, Biden’s, Kamala Harris, Steve Phillips, Phillips, ” Phillips, CNN’s Donald Judd, MJ Lee Organizations: CNN, White, Democratic Party, Trump, “, House Democrats, MSNBC, Democratic, Heritage Foundation, ABC, campaign’s National Finance, Maryland Gov, National Finance Committee, Democratic National, Biden, Republicans Locations: American, Atlanta, Florida, San Francisco

☆ Kamala Harris: Democrats start moving to VP as President Joe Biden digs in
▼ + stars: | 2024-07-05 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +14 min

CNN —Amid the ongoing fallout from Joe Biden’s debate performance, talk in many top Democratic circles has already moved to who Kamala Harris’ running mate would be. A more open race, these top Democrats hope, would be for Harris’ running mate, with a focus on leading Democratic governors. “President Biden is our nominee, Vice President Harris is our running mate, and we will win this November,” he said. The anti-Trump coalition cannot afford to discount the strengths of the nominated Democratic running mate and current vice president. Harris’ answer: She’d turn around and say to him, “Why are you being so weird?”As vice president, Harris has tended to be known more for her word salads than sharp elbows like that.

Persons: CNN —, Joe Biden’s, Kamala Harris ’, Biden, Harris, That’s, it’s, Donald Trump’s, Harris ’, Roy Cooper, Andy Beshear, Josh Shapiro, J.B . Pritzker, Tim Walz, “, they’ve, ’, hasn’t, We’ve, ”, Tim Ryan, he’s, ” Biden, Kevin Munoz, Harris —, I’ve, Kamala ” —, —, it’s Kamala, “ Kamala Harris, Kamala, She’s, Nanette Barragán, ” she’s, ” Barragán, Biden’s, Timmaraju, she’s, Harris Harris, Biden metastasizing, Ezra Levin, Gregory Meeks, Trump Harris, Hillary Clinton, CNN’s Anderson Cooper, Jill Biden, ” Brian Fallon, Cooper, Beshear, ” Cooper, He’s, CNN’s Jeff Zeleny Organizations: CNN, Democratic, Biden, North Carolina Gov, Kentucky Gov, Pennsylvania, J.B, Illinois, NFL, Trump, ”, California Democrat, Congressional Hispanic Caucus, Democrats ’, Democratic doubters, Congressional Black Caucus, Democratic Party, New, CBC, Republican Locations: Minnesota, Alabama, Wisconsin, Ohio, California, Milwaukee, Detroit, Philadelphia, Atlanta, New York, North Carolina, Kentucky, Virginia , Montana, Iowa

Now, with Biden facing an increasingly uncertain political future amid the fallout from his shaky debate performance, Republicans are trying to determine what the Democratic incumbent stepping aside would actually mean for the Trump campaign. “Chaos is our friend,” a person close to Trump said. Even if Biden is not the Democratic nominee, the Trump campaign believes the issues likely to decide the election will remain the same. After Carlson suggested Harris would replace Biden on the Democratic ticket, Trump predicted: “Not really. One Trump adviser told CNN the Democratic handwringing had been expected to blow over within a week.

Persons: Donald Trump, Joe Biden, Trump, Biden, ”, Kamala Harris, MAGA, Harris, Chris LaCivita, Susie Wiles, ’, pollster, Gretchen Whitmer, Arizona Sen, Mark Kelly, Josh Shapiro, Gavin Newsom, they’re, “ We’re, Ron DeSantis, Nikki Haley, didn’t, Tucker Carlson, Carlson, Trump’s, Democratic handwringing, “, Crooked Joe Biden, ” LaCivita, Wiles, Joe Biden’s, “ I’m, Mike Howell, ” Howell, Rick Hasen, ” Hasen, “ Joe Biden, Betsy Klein, Kate Sullivan Organizations: CNN, Democratic, Biden, Trump, Inc, “, Republican National Committee, Michigan Gov, California Gov, Republicans, Florida Gov, South Carolina Gov, Heritage Foundation, Wisconsin –, UCLA Locations: New Jersey, Arizona, Pennsylvania, California, Florida, Georgia, Nevada, Wisconsin

☆ Opinion: The real loser in the first presidential debate
▼ + stars: | 2024-06-28 | by ( Opinion Cnn Contributors | ) edition.cnn.com time to read: +28 min

CNN —CNN Opinion asked political contributors to weigh in on the first presidential debate of the 2024 race. On the other hand, President Joe Biden did not meet expectations and may have increased concerns about his age and ability to lead for another four years. Debates are always more about style than substance, and President Joe Biden’s style was simply awful. Did President Joe Biden come off as a leader or a loser? And yes, the visuals in this first presidential debate of the cycle were phenomenally important.

Persons: Ana Marie Cox, Joe Biden’s, Donald Trump, Biden, Ana Marie Cox Faith Fonseca, Trump, mumbling, I’m, Shermichael Singleton, Joe Biden, Paul Begala, ” “, ” Paul Begala, meandered, —, Republicans — Biden, Bill Clinton’s, Clinton, Jeff Yang, Jeff Yang CNN, — Biden, Joe, Bruce, ”, “, ” Patrick T, Brown, Biden’s, Dobbs, Roe, Wade, Patrick T, CNN’s Dana Bash, David Mark, there’s, Kamala Harris, Harris, Nikki Haley, ” Geoff Duncan, Geoff Duncan Alex Slitz, Geoff Duncan, Peter Bergen, Abu Bakr al, General Qassem Soleimani, It’s, ” Susanne Ramirez de Arellano, Susanne Ramirez de Arellano Frank Moya, Biden “, ” Trump, Susanne Ramirez de Arellano, Roxanne Jones, Democrats — Biden, Nobody, Jones, Lanhee J, Chen, Chen Lanhee J . Chen, David, Diane Steffy, Romney, Ryan Organizations: CNN, Democratic Party, Biden, Trump, “, Global, Democrats, ” Paul Begala CNN, Republicans, Democratic, sonics, Public Policy Center, Economic, Republican, South Carolina Gov, Democratic National Convention, Washington, Peter Bergen CNN, US Border Patrol, ISIS, Islamic, Guards, Force, Walmart, New America, Capitol, New, Arizona State University, Social Security, Medicare, UCLA, Politics Initiative, America, Tonight, Univision Puerto Rico, ESPN, New York Daily News, Philadelphia Inquirer, Public Policy, Hoover Institution Locations: Texas, Austin, America, Asian America, Washington , DC, bravura State, Canada, Abu, Uzbek, Manhattan, El Paso , Texas, New America, United States

Trump himself has continued to lobby for absolute immunity, including before his appearance at a New York court where he’s on trial for business fraud. Dreeben told Barrett that the indictment against Trump is substantially about private conduct, meaning that a trial could proceed even if the Supreme Court finds some immunity for Trump’s official actions. Liberal justices weren’t impressed with Trump’s absolute immunity claimsIt was pretty clear where the court’s three liberals will be when the opinion lands. With arguments over, focus shifts to timing for decisionThe arguments about Trump’s immunity claim are over. In the immunity case, the court already helped Trump by denying the special counsel request last December to leapfrog the appeals court and resolve the question quickly.

Persons: Donald Trump’s, Jack Smith carte, Trump, John Roberts, Roberts, didn’t, he’s, ” Roberts, skeptically, ” Trump, John Sauer, Sauer, Amy Coney Barrett, Justice Elena Kagan, Brad Raffensperger, Raffensperger, ”, Justice Barrett, Barrett –, Barrett, Smith, ” Barrett, Michael Dreeben, Dreeben, weren’t, Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson, Kagan, “, that’s, ” Kagan, Jackson, ” Jackson, “ I’m, Alito, they’d, ” Alito, ’, Ty Cobb, Mark Meadows, Rudy Giuliani, Richard Nixon, Gore, Katelyn Polantz, Hannah Rabinowitz, Holmes Lybrand Organizations: CNN, Trump, Appeals, DC Circuit, Georgia, Republican National Committee, Arizona, Justice Department, Trump isn’t Locations: New York, Arizona, Michigan , Georgia, Nevada, Michigan, Washington

☆ Japan’s population crisis was years in the making – and relief may be decades away
▼ + stars: | 2024-03-01 | by ( Jessie Yeung | ) edition.cnn.com time to read: +10 min

The demographic crisis has become one of Japan’s most pressing issues, with multiple governments failing to reverse the double blow of a falling fertility rate and swelling elderly population. But Japan’s crisis is unique in that it’s been decades in the making, experts say – meaning its impact is particularly evident now, with relief unlikely to come anytime soon. ‘Not reversible’The first thing to understand about Japan’s population crisis is that it’s only partly behavioral, said James Raymo, professor of sociology and demography at Princeton University. As of last year, Japan’s fertility rate sat at 1.3. The real problem is that the fertility rate has been consistently low for so long.

Persons: handwringing, It’s “, –, it’s, James Raymo, ” Raymo, ‘, aren’t, Raymo, Tomohiro Ohsumi, – “, Stanislav Kogiku, “, ” Organizations: CNN, Princeton University, government’s Institute of Population, Social Security Research, Getty Locations: Japan, China, Hong Kong, Taiwan, South Korea, Spain, Italy, United States, India, Yonomori, Fukushima, singlehood, Vietnam, Shinjuku, Tokyo, Toyko

☆ Here's why investors should stop worrying so much about concentration risk in the market
▼ + stars: | 2024-02-23 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

The World(MSCI All Country World Index weighting)Entire U.S. stock market: 63%Japan, UK, Canada, France, Hong Kong/China combined: 17.5%Magnificent 7: 17%Source: Dimensional FundsThat seems crazy, no? For example, in the mid-1960s the concentration of the top 10 was over 40% of the S&P 500. Investors who own the S&P 500 don't have to pick those winners; they just go along for the ride. Second, U.S. stocks are global market leaders, and when a small group becomes market leaders it almost always means the U.S. stock market outperforms the world. The U.S. stock market, which was roughly 40% of the global market capitalization a short while ago, is now roughly 50% of global market capitalization.

Persons: Gregory Rowe, Berkshire Hathaway, Lilly, It's, — Organizations: New York Stock Exchange, Berkshire, Broadcom, Nvidia, Eck Semiconductor, Dimensional Fund Advisors, FS Investments, IBM, American Express, General Electric, Polaroid, Xerox, U.S, Baidu, SAP, Siemens, United, Shell, AstraZeneca, HSBC Locations: New York City, Miami Beach, Japan, UK, Canada, France, Hong Kong, China, U.S, Germany, United Kingdom

☆ Handwringing over Biden's age has Democrats worried about a repeat of Ruth Bader Ginsberg's refusal to step down
▼ + stars: | 2024-02-18 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +11 min

Read previewAt 81 years old, President Joe Biden is facing criticism from Republicans and Democrats alike that he's too old to be president again. Many draw parallels between Biden and the late Supreme Court Justice Ruth Bader Ginsburg, who refused to step down from her lifetime appointment to the court while President Barack Obama was in office. The current Supreme Court is comprised of 6 conservative justices and 3 liberals, though Chief Justice John Roberts is often considered a swing vote. Bill Clinton's choice for Supreme Court vacancy, on Capitol Hill, June 15, 1993. Supreme Court justices are appointed, not elected, and the confirmation of Obama's nomination of Garland was blocked by Republicans in the Senate in the wake of Antonin Scalia's death in 2016.

Persons: —, Joe Biden, Jon Stewart, Ezra Klein —, Donald Trump, Biden, Ruth Bader Ginsburg, Barack Obama, Ginsburg, Obama, Merrick Garland, shoring, Trump, Amy Coney Barrett, John Roberts, Justin Buchler, Pres, Bill Clinton's, Marcy Nighswander, Garland, Antonin Scalia's, Hillary Clinton, Clinton, she'd, Roe, Christian Grose, Daniel Patrick Moynihan, Dean Phillips, Grose, Buchler, Kamala Harris, Gavin Newsom —, Harris, Newsom, Lyndon Johnson, Hubert Humphrey, Richard Nixon, Robert Hur, I've, flubs, Abdel Fattah al, Nikki Haley, Nancy Pelosi, Peter Loge, Younger, Ron DeSantis, Vivek Ramaswamy, Phillips, let's, I'm, we'll, Ron Sachs Organizations: Service, Democrats, Business, Supreme, Democratic, Case Western Reserve University, Committee, Capitol, AP, Trump, Wade, CNBC, University of Southern, Research, California Gov, Washington Post, Democrat, Biden, Republicans, GOP, Politico, Minnesota, Time, NBC News, Reuters, US, Judiciary, Washington DC Locations: Biden's, University of Southern California, California, Mexico, South Carolina, Trump, Capitol Hill, Washington

☆ European travel giant Tui will leave the London Stock Exchange
▼ + stars: | 2024-02-13 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

London CNN —Tui, one of the world’s largest travel agencies, will leave the London Stock Exchange in June — the latest blow to the British capital’s longstanding reputation as the undisputed leader of Europe’s stock markets. Shareholders in the German company, which is dual-listed in London and Frankfurt, voted Tuesday to delist the firm from the London Stock Exchange. The company expects to cancel its shares on the London Stock Exchange in late June. A Tui cruise ship in Malaga port in June 2021. Jorge Guerrero/AFP/Getty ImagesHeadquartered in Hanover, Tui owns more than 400 hotels, 16 cruise ships, five airlines and 1,200 travel agencies.

Persons: London CNN —, Tui, Mathias Kiep, “, ”, Delphine Currie, Reed Smith, Jorge Guerrero, “ It’s, ” Kiep, Sebastian Ebel Organizations: London CNN, London Stock Exchange, Shareholders, ARM Holdings, …, Getty, Revenue, Canaries Locations: London, Frankfurt, United Kingdom, Germany, New York, “, Amsterdam, Paris, Malaga, AFP, Hanover, Tui, Israel, East, Egypt, Cape Verde, Mexico, Thailand, Dominican Republic, South Africa, Red Sea, Yemen

The campaign aides plan to discuss their general election message and outlook for the year, as well as ongoing mobilization efforts. “Together, President Biden, Vice President Harris, and House Democrats have delivered on a historic agenda for the American people,” Rodriguez said ahead of the meeting. Since Trump romped to resounding victories in the Iowa and New Hampshire contests last month, the Biden campaign has effectively acted as if the general election race with Trump has already started. The March engagement plan will help fortify a campaign operation and grassroots network for Biden and House Democrats that they will further ramp up as they work to persuade voters later this year. House Democrats are in the northern Virginia town, about 30 miles from Washington, for their annual retreat.

Persons: Joe Biden’s, Julie Chavez Rodriguez, Quentin Fulks, Mitch Landrieu, Louisa Terrell, Jen O’Malley Dillon, President Biden, Harris, ” Rodriguez, Biden, Donald Trump, handwringing, Trump romped, ” Organizations: WASHINGTON, —, Democrats, White, White House, House Democrats, Biden, Trump, Wednesday, Republicans Locations: Leesburg , Virginia, Chicago, Iowa, New Hampshire, New York, Virginia, Washington

The US said the attack lasted 30 minutes, hitting 85 targets across seven locations in Iraq and Syria. In 2016, the Iraqi parliament passed a bill recognizing the PMU as a government entity operating alongside the Iraqi military. A screengrab from a video, geolocated by CNN to the town of Qaim, Iraq, shows the aftermath of US military strikes in the area, according to the Iraqi Military. Iraq and Syria condemned the US attack as infringements on their sovereignty that risk fueling regional conflict. “The United States does not seek conflict in the Middle East or anywhere else in the world,” Biden said in a statement Friday, following the strikes on Iraq and Syria.

Persons: Joe Biden, –, Biden, Kennedy Ladon Sanders, Sanders, Matt Rourke, Qaim, Turki Al, John Kirby, Washington, ”, SANA, Kirby, Douglas Sims, “, Mike Johnson, ” Johnson, Jack Reed, Lloyd Austin, ” Biden, Charles Lister, ” Lister, Ebrahim Raisi Organizations: CNN, Hamas, Army, US Army, Dover Air Force Base, House, Hezbollah, Al, US National Security, Syrian, Joint Chiefs of Staff, Iran’s Revolutionary Guard Corps, Iraq’s Armed Forces, United Nations Charter, Republican, Senate Armed, US, Coalition Forces, Austin, Middle East Institute, Iraq Locations: United States, Iraq, Syria, Jordan, Iran, Gaza, Israel, Delaware, Iraqi, Al, ” Syria’s, Deir Ezzor, Gen, Qaim, ” Syria, Washington ,, Tehran

“Here in Florida, you’ve had a real dose of Trumpism,” Biden told donors in nearby Jupiter, Florida where Trump owns a golf course. “You’re the reason Donald Trump is a defeated president,” Biden said to the attendees. Along with North Carolina, Florida is a state Biden lost in 2020 but which his campaign sees as a pickup opportunity. It’s a very tall order for the Biden campaign. The president lost Florida voters 65 and older to Trump by 10 points in 2020, a wider gap than his 5-point deficit nationally.

Persons: Biden, Donald Trump, Joe Biden’s, you’ve, ” Biden, ”, “, hadn’t, Trump’s, Republican megadonors, Nikki Haley, Biden’s, he’ll, Trump, MAGA, GOP Sen, Rick Scott, Ron DeSantis ’, Joe Biden, Joe Raedle, DeSantis, Donna Deegan, Nikki Fried, Fried, Tom Brenner, Democratic handwringing, That’s, Barack Obama, Bill Clinton Organizations: Trump, ” Air Force, Palm Beach International, Republican, Palm Beach, South, GOP, Republicans, Democrats, ., Sunshine State, Florida voters, Social Security, Medicare, Gov, University of Tampa, Democrat, Jacksonville, Florida Supreme, Florida Democrats, CNN, Democratic, Democratic Party, South Carolina's, State Fairgrounds, Reuters, ”, NBC News Locations: Jupiter, Miami , Florida Florida, Florida, Jupiter , Florida, New York, Palm, Palm Beach, South Carolina, Miami, North Carolina , Florida, Lago, Los Angeles, Columbia , South Carolina, Iowa

☆ Opinion: Why Martin Luther King Jr.’s sharpest question remains unanswered
▼ + stars: | 2024-01-12 | by ( Opinion Peniel E. Joseph | ) edition.cnn.com time to read: +8 min

He is the author of “The Third Reconstruction: America’s Struggle for Racial Justice in the Twenty-First Century.” The views expressed here are his own. CNN —Had he lived, Martin Luther King Jr. would be 95 years old this year. He turned political debates over racial integration, non-violent civil disobedience and voting rights into a national, then global, referendum on freedom. And, as their forerunners did, they continue to press for voting rights, equal education and environmental justice in communities of color – all a continuation of King’s legacy. The passage of the 1964 Civil Rights Act and the 1965 Voting Rights Act were not pre-ordained - nor were they universally beloved pieces of legislation.

Persons: Joseph, Barbara Jordan, “, CNN —, Martin Luther King Jr, Joseph Kelvin Ma, Kelvin Ma, King, subversives, Communist dupes, John F, Kennedy, Robert F, Black, ” King, White, ”, Jim Crow, ‘, ” Kennedy, George Wallace Organizations: Center, LBJ School of Public Affairs, University of Texas, Racial Justice, CNN, Tufts University, Communist, Jobs, Birmingham City, White, University of Alabama, Blacks Locations: Austin, America, Washington, Birmingham, United States

☆ Rep. Patrick McHenry, who served as temporary speaker, will not seek re-election
▼ + stars: | 2023-12-05 | by ( Sahil Kapur | ) www.cnbc.com time to read: +2 min

US Representative Patrick McHenry (R-NC) speaks to members of the media outside the office of US House Speaker Kevin McCarthy (R-CA), at the US Capitol in Washington, DC, on October 3, 2023. WASHINGTON — Rep. Patrick McHenry, R-N.C., announced Tuesday that he won't seek re-election in 2024, a shocking move to many of his colleagues that will further thin the ranks of Republican institutionalists in Congress. He gained national attention during his three-week stint in October as House Speaker pro tempore after Republicans ousted Rep. Kevin McCarthy, R-Calif., from the position. Despite his solidly conservative positions and voting record, McHenry is seen on Capitol Hill as a pragmatist and widely respected in both parties. During the speaker battle, McHenry was cited by Democratic leaders as the sort of GOP lawmaker who they trust enough to work with.

Persons: Patrick McHenry, Kevin McCarthy, Republican institutionalists, McHenry, Obama, Donald Trump, —, I've Organizations: US, WASHINGTON — Rep, Republican, Financial, Democratic, Republicans, Capitol, Trump, GOP Locations: Washington ,, R, McHenry

☆ The world is splitting between those who use ChatGPT to get better, smarter, richer — and everyone else
▼ + stars: | 2023-12-01 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +6 min

There is growing evidence that artificial intelligence tools such as ChatGPT can make you more efficient and capable at work. And the effect will be particularly noticeable if no one else in the company is using AI in this way. All said that outsourcing time-consuming, small jobs to AI tools freed up their time. AI at work still needs careful handlingThere are obvious caveats to using AI to do your work for you. Some companies also have specific rules for AI tools due to fears around copyright or data security.

Persons: ChatGPT, —, OpenAI's, techies, Google's, Matt Calkins, Appian, It's, Shakespeare, Shona Ghosh Organizations: Service, Harvard Business School, Boston Consulting, Developers, Microsoft, Workers

☆ Jim Cramer says buy On Holding shares despite Wall Street's confused reaction to earnings
▼ + stars: | 2023-11-16 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Thursday suggested investors look past the noise surrounding On Holding's latest quarterly results and pick up shares of the Swiss shoemaker. On Holding's stock price has been on a "wild ride" over the past three sessions as investors digested its financial performance in the third quarter ended Sept. 30, Cramer said. However, he stressed that Wall Street's "confusing reaction" to Tuesday's results will prove misguided over time. Overall, since Monday's close before earnings, On Holding stock has climbed 2% — roughly in line with the S&P 500 over that time. Cramer said sellers may be concerned that some of On Holding's strong third-quarter results were actually pulled in from the fourth quarter.

Persons: CNBC's Jim Cramer, Cramer Locations: Swiss

☆ Morning Bid: Fed, financing and jobs greet November
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +6 min

Despite the U.S. Treasury forecasting a lower fourth-quarter borrowing need than previously flagged, the tension in the bond market remains ahead of its detailed future refinancing plans due later on Wednesday. With the Federal Reserve widely expected to hold policy rates steady again on Wednesday, the Treasury plans may end up getting more bond market attention. But U.S. consumer confidence has softened, oil prices are falling again and the overseas demand picture is weakening. Another heavy day of U.S. corporate earnings is topped by big insurers and the likes of PayPal and Kraft Heinz. On Tuesday, shares in heavy-machinery maker Caterpillar (CAT.N) sank almost 7% as signs of slowing demand overshadowed a quarterly earnings beat.

Persons: Mike Dolan, Masato Kanda, it's, Japan's, China Evergrande, Joe Biden, Xi Jinping, Kraft Heinz, Estee Lauder, Kraft, Ingersoll Rand, Nick Macfie Organizations: Wednesday's, Bank of Japan, Japan's Nikkei, Japan, U.S, U.S . Treasury, Federal Reserve, Treasury, HK, White House, Asia Pacific Economic Cooperation, Wall, PayPal, Kraft, Caterpillar, Edison, AIG, Prudential Financial, MetLife, Qualcomm, Mckesson, Kraft Heinz, Allstate, Congnizant, Boston Properties, Water, Garmin, CVS, Brands, Humana, Reuters Graphics Reuters, US National Retail Federation, Thomson, Reuters Locations: U.S, United States, China, Hong Kong, San Francisco, Tokyo, Marathon, Boston

☆ Read the new letter from Mitt Romney and billionaire Seth Klarman slamming Harvard's 'silence' over 'antisemitism on campus' as 'astounding'
▼ + stars: | 2023-10-24 | by ( Madeline Berg | ) www.businessinsider.com time to read: +4 min

A group of Harvard alum, including Mitt Romney and billionaire Seth Klarman, are condemning its leadership. NEW LOOK 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 . On Monday, a group of Harvard alumni including Senator Mitt Romney and billionaire investor Seth Klarman wrote an open letter slamming the school's leadership and its response to purported antisemitism on campus. Other alums condemned Harvard's response to both the terrorist attacks and the student letter.

Persons: Mitt Romney, Seth Klarman, alums, —, Bill Helman, Bain, Mark Nunnelly, Joanna Jacobson, Claudine Gay, Bill Ackman, Les Wexner, Idan Ofer, Batia, Michael Hemesath Organizations: Harvard, Service, Harvard Palestine Solidarity Groups, Harvard's Kennedy School of Government, Ivy League, University of Pennsylvania, Carleton College, Saint John's University Locations: Israel, Gaza

☆ Recent days have revealed a profound truth about the 2024 election
▼ + stars: | 2023-09-29 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

In a tight election, amid questionable economic conditions and with the normality that Biden promised in 2020 still fleeting, the threat may be greater than ever. A pseudo general election campaignBoth Trump and Biden showed up in Michigan courting blue-collar votes this week. He returned to the theme that democracy is under attack – seemingly a slam dunk given Trump’s week of autocratic outbursts and demagoguery. And all previous evidence suggests that, among GOP voters at least, Trump legal travails only boost his poll numbers and fundraising. To anyone who has forgotten the constant tearing at legal, political and constitutional norms that characterized almost every day of the last presidency, Gaetz and his fellow MAGA troops are proving that Trumpism sows chaos.

Persons: Joe Biden, Donald Trump, America’s, Biden, ” Trump, Trump, Democratic handwringing, –, ” Biden, “, Mark Milley, he’d, ”, Chris Christie’s, Donald Duck, Mike Pence’s, South Carolina Sen, Tim Scott, Nikki Haley, Ronald Reagan, it’s, Ron DeSantis, Arthur Engoron, he’s, James Comer of, Jim Jordan, hasn’t, Hunter’s, Matt Gaetz, Gaetz, MAGA, Kevin McCarthy Organizations: CNN, Republican, GOP, Trump, White, Democratic, Joint Chiefs of Staff, MSNBC, New, New Jersey Gov, South Carolina Gov, United Nations, Ronald Reagan Presidential, Communicator’s Air Force, Florida Gov, Oval, Republicans Locations: California, America, Michigan, West, Arizona, Detroit, New Jersey, South Carolina, New York, Iowa, New Hampshire, Florida, Miami, Washington, Ohio

It follows Russia's invasion of Ukraine and the loss of Moscow's cheap natural gas — an unprecedented shock to Germany’s energy-intensive industries, long the manufacturing powerhouse of Europe. The loss of cheap Russian natural gas needed to power factories “painfully damaged the business model of the German economy,” Kullmann told The Associated Press. One hotly debated solution: a government-funded cap on industrial electricity prices to get the economy through the renewable energy transition. However, squabbling among the coalition government over the energy price cap and a law barring new gas furnaces has exasperated business leaders. “The perception of Germany's underlying strength may also have contributed to the misguided decisions to exit nuclear energy, ban fracking for natural gas and bet on ample natural gas supplies from Russia,” he said.

Persons: “, Christian Kullmann, Kullmann, ” Kullmann, Evonik, Robert Habeck, Chancellor Olaf Scholz, Angela Merkel, —, Biden, Scholz, Evonik's Kullmann, Gerhard Schroeder, Holger Schmieding, ”, ” Schmieding, Schmieding Organizations: Jobs, International Monetary Fund, European Union, Evonik Industries, Associated Press, Greens Party, Social Democrat, Free Democrats, Companies, Schott AG, ” Locations: ESSEN, Germany, Ukraine, Europe, Europe's, Essen, Russia, Moscow, China, Bavarian, U.S, Lafayette , Indiana, Brussels, Berlin, Chile, Qatar, ” Germany, Berenberg

A man walks past an installation on a skywalk ahead of the G20 Summit in New Delhi, India, September 6, 2023. But the deliberations of the world's 20 biggest economies have been hindered by differences over Russia's invasion of Ukraine that have hardened since last year's Bali summit, delegates said. Western countries want a strong condemnation as a condition for agreeing to a Delhi declaration. India has suggested that the G20, while condemning the suffering caused by Russia's invasion, also reflect Moscow and Beijing's view that the forum is not the place for geopolitics. G20 sherpas have been going back and forth over the document for four days before leaders begin deliberations on Saturday.

Persons: Francis Mascarenhas, Joe Biden, Sergei Lavrov, Vladimir Putin, Narendra Modi, Creon Butler, Butler, Krishn Kaushik, Sanjeev Miglani, Andrew Cawthorne Organizations: REUTERS, U.S, Russian, Economy, thinktank, Thomson Locations: New Delhi, India, DELHI, Ukraine, Russia, China, Bali, Delhi, Moscow

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023. The simplest conclusion is the Fed will not be able to ease again in anything like the way many had assumed or still think. This will lift the 'term premium' embedded in long-term bond yields, which has been so subdued since Fed balance sheet expansion met the crash of 2008, even if the Fed is done tightening policy rates, he said. Fed policy is more neutral than restrictive "if you believe we've returned to a pre-2008 world", he said, and that limits the scope for rate cuts in future. Writing by Mike Dolan; Editing by Susan FentonOur Standards: The Thomson Reuters Trust Principles.

Persons: Brendan McDermid, handwringing, Anujeet, we've, Amanda Lynam, Mike Dolan, Susan Fenton Organizations: New York Stock Exchange, REUTERS, Reserve, Treasury, U.S, AAA, Atlanta, Deutsche Bank, Vanguard, Federal Reserve, Brandywine Global, BlackRock, Reuters, Thomson Locations: New York City, U.S

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