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☆ Election Updates: Tom Cotton emerges as a top contender in Trump’s V.P. race.
▼ + stars: | 2024-05-24 | by ( Michael C. Bender | ) www.nytimes.com time to read: +8 min

“I woke up, I said, ‘I wonder, will it be hostile or will it be friendly?’” Mr. Trump said. It was a love fest.”As is often the case during Mr. Trump's speeches, the truth was a bit more complex. But Mr. Trump observed that Mr. Levitt had exited his business too early and was unable to make a comeback when he wanted to years later. The reason, Mr. Trump said, was that he had squandered his momentum. “You have to always keep moving forward,” Mr. Trump said.

Persons: Miles, Donald J, Trump, “, ‘, ”, Biden, Hiroko Masuike, Trump’s, —, Unprompted, Mr, Indiana Mitchell, Rafael Brito, ” Mr, Brito, Melvin Howard, William Levitt, Levitt, ” Jeffery C, Mays Organizations: New York State, Trump, South Bronx . Credit, New York Times, Dominican, Queens, New York Police Department Locations: Bronx, New York, York City, Crotona, Florida, “ New York, South Bronx, United States, Dominican Republic, ”, Central Park, Long

☆ And just like that… Has the tide turned on Carrie Bradshaw’s style?
▼ + stars: | 2024-05-24 | by ( Leah Dolan | ) edition.cnn.com time to read: +4 min

CNN —Carrie Bradshaw, the lead character played by Sarah Jessica Parker in the 1998-2004 TV series “Sex and the City,” has always been more of a fashion daredevil than a fashion darling. Parker spotted in one of her character's more outlandish looks while filming for the new season of "And Just Like That." “Definitely too much,” read one critique under @everyoutfitonsatc’s post of Jessica Parker in the latter look. So has Bradshaw’s style really changed, or have we? It seems like a ripe topic for the character’s newspaper column, and one Jessica Parker has thoughts on too.

Persons: Carrie Bradshaw, Sarah Jessica Parker, ”, Bradshaw’s, Carrie, could’ve, Bradshaw, Betsy Johnson, Simone Rocha, Ossie Clark, Parker, Jason Howard, Bauer, Griffin, Jessica Parker, florals, Ralph Lauren, Patricia Field, ’ wardrobes, “, Molly Rogers, Danny Santiago Organizations: CNN, City, HBO, Max, Warner Bros ., Guardian, Vogue Locations: New York City, Irish, YSL

☆ Morgan Stanley tells investors to avoid hedge funds' overcrowded trades
▼ + stars: | 2024-05-23 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Owning overcrowded trades that are most popular among hedge funds could be risky for individual investors in the event of a herd-like stampede by systematic traders, according to Morgan Stanley, which looked at stocks to avoid. Despite their popularity and performance, none of the megacap tech stocks made the list of overcrowded stocks. That's because their enormous share count makes hedge funds' ownership less significant. Morgan Stanley found that hedge funds were most overweight in consumer discretionary, industrial and health care stocks last quarter, while they were most bearish on technology and consumer staples companies. Janus Henderson , The New York Times , Planet Fitness and Wayfair were also on the list of crowded trades.

Persons: Morgan Stanley, Russell, Howard Hughes, Janus Henderson, — CNBC's Michael Bloom Organizations: Avis Budget Group, Howard Hughes Holdings, The New York Times Locations: The

☆ Inter Milan taken over by US investment firm Oaktree after Chinese owners fail to repay loan
▼ + stars: | 2024-05-22 | by ( Maisie Linford | Matias Grez | ) edition.cnn.com time to read: +2 min

CNN —US-based investment firm Oaktree Capital Management said on Wednesday it has “assumed ownership” of recently crowned Serie A champion Inter Milan. Inter’s Chinese owner, Suning, failed to repay a loan now worth €395 million ($428 million) that was taken out to help finance the club during the Covid pandemic. In a statement, Oaktree said: “We understand the great responsibility towards the community and the historical legacy of Inter. Mattia Ozbot/Inter/Getty ImagesAfter contacting Oaktree for comment on Zhang’s statement, the firm referred CNN to its press release. “As new owners, we recognize our responsibility to Inter Milan’s community, history and legacy,” Oaktree’s Alejandro Cano said in a statement.

Persons: Suning, Oaktree, “, Howard Marks, Steven Zhang, Mattia Ozbot, ” Oaktree’s Alejandro Cano Organizations: CNN, Oaktree Capital Management, Serie, Inter Milan, Inter, Club, Coppa Italia, Champions League, Europa League, Juventus Locations: Italy, Oaktree

☆ Federal Reserve officials seem to 'have no idea what's going on,' strategist says
▼ + stars: | 2024-05-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFederal Reserve officials seem to 'have no idea what's going on,' strategist saysJulian Howard, head of multi-asset solutions at GAM, discusses recent remarks from Federal Reserve officials and the outlook for U.S. inflation and monetary policy.

Persons: Julian Howard Organizations: Federal, Federal Reserve

☆ Fed officials seem like they have ‘no idea’ what is going on with U.S. inflation, strategist says
▼ + stars: | 2024-05-22 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +3 min

"I think the message that's coming through is that they have no idea what's going on," Howard said on CNBC's "Squawk Box Europe" on Wednesday. Fed Governor Christopher Waller on Tuesday said that he needed to see further data evidence that inflation was softening before supporting rate cuts. Waller's comments were echoed by other Fed officials on Tuesday, including Boston Fed President Susan Collins. 'A credibility problem'But Fed officials have not come out with a clear message about their expectations or to address why inflation remains elevated, GAM's Howard said. "And now [policymakers] think inflation is coming down but its not coming down fast enough," he said.

Persons: Valerie Plesch, Julian Howard, Howard, Christopher Waller, Waller's, Susan Collins, GAM's Howard, They've Organizations: Eccles Federal, Bloomberg, Getty, Federal, GAM, Fed, Peterson Institute for International Economics, Boston Fed, Atlanta Federal Reserve Locations: Washington , DC, U.S, Washington

☆ Brad Paisley and Howard Gospel Choir to be the entertainment for state dinner as Bidens highlight US-Kenya ties
▼ + stars: | 2024-05-22 | by ( Betsy Klein | Samantha Waldenberg | ) edition.cnn.com time to read: +11 min

US President Gerald Ford dances with Britain's Queen Elizabeth II during a state dinner in Washington, DC, in 1976. Jason Reed/Reuters The White House's State Dining Room is seen ahead of a state dinner honoring French President Emmanuel Macron in 2018. Paisley first performed at the White House in 2009 during the Obama administration as part of a music series. “Tomorrow night we’ve created an experience that will feature the beautiful scenes of the White House and the Washington Monument that few get to enjoy,” White House social secretary Carlos Elizondo said. Event planner Bryan Rafanelli also helped the White House plan for the state dinner.

Persons: Brad Paisley, Joe Biden, Jill Biden, William Ruto, Rachel Ruto, “, Howard, “ Brad Paisley, Dr . Biden, Ruto’s, Biden, Ruto, ” Biden, George W, Bush, Gerald Ford, Queen Elizabeth II, Ricardo Thomas, Gerald R, Franklin D, Roosevelt, Enrique Penaranda, Penaranda, Matthew Costello, George R, Nikita Khrushchev, He's, Nina, Dwight D, Eisenhower, Mamie Eisenhower, Costello, John F, Kennedy, Habib Bourguiba, Jackie, Moufida, Bill Allen, Lyndon B, Johnson, Errol W, Barrow, Carolyn, Richard Nixon, Leonid Brezhnev, Charles Tasnadi, Betty Ford, Jordan's King Hussein, David Hume Kennerly, Betty Sherrill, Britain's Queen Elizabeth II, Jimmy Carter, Deng Xiaoping, Cho Lin, Carter, Nancy Reagan, Indira Gandhi, Mikhail Gorbachev, Joe DiMaggio, Ronald Reagan, Reagan, Boris Yeltsin, Naina, George H.W, George H.W . Bush, Barbara, Dirck Halstead, Singer Whitney Houston, Nelson Mandela, Ron Sachs, Bill Clinton, Hillary Clinton, Mandela, Zindzi, Wally McNamee, Corbis, Bill Frist, Lynne Cheney, Dick Cheney, Gloria Macapagal Arroyo, Pablo Martinez Monsivais, Laura Bush, Prince Philip, Itzhak Perlman, Saul Loeb, Barack Obama, Michelle Obama, Manmohan Singh, Gursharan Kaur, Pete Souza, White, Obama, Singh, Jason Reed, Emmanuel Macron, Donald Trump, Melania Trump, Macron, Brigitte, Jabin, Scott Morrison, Joshua Roberts, Paisley, ‘ Wake, Martin Luther, ’ ”, ” Jill Biden, we’ve, Carlos Elizondo, Cris Comerford, Bryan Rafanelli, April’s, Fumio Kishida, Yuko Kishida, CNN’s Sam Fossum Organizations: Washington CNN —, Howard Gospel Choir, White, CNN, Kenyan, Ford Presidential Library, United, White House, Historical Association, Washington Post, Getty, Barbados, AP, Indian, New York Times, Singer, South, Trump, Australian, Paisley, Japanese Locations: Kenya, United States, ”, Ghana, Africa, Russia, Namibia, Washington , DC, Bolivian, Soviet, George H.W ., toasts, Nashville, Washington

☆ A new CEO rating is putting a number on the effectiveness of people running the largest companies in the world
▼ + stars: | 2024-05-22 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +1 min

Paragon Intel, an alt data company founded in 2017, is rolling out its executive rating Thursday. The ratings will show how executives fit into their firms and whether they will drive stock gains. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementParagon Intel's flagship product — a database on executive performance known as ManagementTrack — had been ranking executives but not rating them. The ratings — which will roll out to the firm's hedge-fund clients Thursday — are a much more nuanced and predictive look at executive performance, Howard said.

Persons: —, Colby Howard, Howard Organizations: Paragon Intel, Service, Paragon, Business Locations: Canada, Europe

☆ How Red Lobster’s misguided endless shrimp promotion drove it into bankruptcy
▼ + stars: | 2024-05-20 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +9 min

Red Lobster filed for bankruptcy Sunday, and the bankruptcy filing sheds new light on Thai Union’s role in the endless shrimp mishap. Red Lobster said it is investigating the circumstances of that promotion, which Red Lobster management opposed. Michael Nagle/Bloomberg/Getty Images“This decision created both operational and financial issues for [Red Lobster]… saddling the company with burdensome supply obligations” to Thai Union, Red Lobster said in the filing. “Certain operational decisions by former management have harmed [Red Lobster’s] financial situation in recent years,” Red Lobster said in its bankruptcy filing. Red Lobster stallsBut Red Lobster fell behind its sister brand Olive Garden under Darden.

Persons: Michael Nagle, ”, Alex Susskind, Susskind, General Mills, Bill Darden, Charley Woodsby, Darden, ” Woodsby, Jonathan Maze, Betty Crocker, Red, Mills, Cyrus McCrimmon, ” Joe Lee, Olive, Red Lobster’s, “ Darden, ” Les Foreman, Anthony Behar, SIPPL, AP Darden, they’ve, John Gordon, “, Patrick T, Fallon, Thiraphong Chansiri, ” “, ” Chansiri Organizations: New, New York CNN, Union became Red, Thai Union, Red Lobster, Bloomberg, Getty, Cornell University, CNN, Baby Boomers, General, Howard, Restaurant Business, Darden, Lobster, Denver Post, Harvard Business School, Longhorn, AP, Gate, ‘, Thai, Getty Images Thai Union, ” Thai Locations: New York, Thai Union, Bangkok, Thai, underinvestment, Lakeland , Florida, Orlando, America, Olive, Square , New York, Sale, Torrance , California, AFP

☆ Howard Hughes Holdings CEO: Flexibility needs to be built into our community plans
▼ + stars: | 2024-05-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHoward Hughes Holdings CEO: Flexibility needs to be built into our community plansHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Howard Hughes, Brian Sullivan, “ Organizations: Howard Hughes Holdings, CNBC

☆ Opinion: Credibility is the key at Trump trial
▼ + stars: | 2024-05-19 | by ( Richard Galant | ) edition.cnn.com time to read: +21 min

The idea that Cohen talked to Trump about Daniels on that call “was a lie,” Blanche alleged. Moreover, my experience has been that juries don’t decide based upon one moment — they base their judgment on an overall view.”There were allegedly three parties aware of the scheme to conceal the real reason Trump paid Cohen more than $400,000 in supposed legal fees: Trump, Cohen and Allen Weisselberg, then-chief financial officer of the Trump Organization. “Weisselberg could be the linchpin to validate Cohen’s claims about Trump agreeing to reimburse him through Trump Organization, as a business expense,” wrote attorney Stacy Schneider. Trump seems to be tempted to go mano a mano and show that he is better fit to be commander-in-chief. The new requirement for GOP politicians wanting to demonstrate their loyalty to Trump seems to be visiting the Manhattan courthouse where he’s on trial.

Persons: CNN —, ” Mark Twain, “, Twain, ” Michael Cohen, Donald Trump, —, Trump, Stormy Daniels, Todd Blanche, Cohen, Norm Eisen, Blanche, ”, pummeled Cohen, Robert Mueller, Nick Anderson, Agency Cohen, Keith Schiller, Daniels, ” Blanche, ” Eisen, don’t, Allen Weisselberg, Stacy Schneider, Weisselberg, David Zurawik, “ I’ve, Sen, Robert Menendez, He’s, George Santos ., CNN “ It’s, he’s, ‘, Henry Cuellar, ” Cupp, Drew Sheneman, Georgia —, Vladimir Putin’s, Frida Ghitis, ” Ghitis, Joe Biden’s, ” Dana Summers, “ Biden, ” Julian Zelizer, mano, Biden, ” Bill Bramhall, Stephanie Griffith, Howard Tucker, Gayle Fleming, Michael Ventura Gayle Fleming, Biden —, ” Tom Brady’s, Kara Alaimo, Tom Brady “, Kevin Hart, Gisele Bündchen, Brady, Benjamin, Vivian, ’ Brady, ’, Alaimo, Brady didn’t, Nafees Syed, Kamel El Hilali, Andrew Borene, freakout Scott Stantis, Jeff Yang, … ” Brown, Keith Magee, Brown, backpedaling, Forget, Doug Burgum, Scott Jennings, Burgum’s, Bill Bramhall, Content Agency Clarence Thomas Washington, Clarence Thomas ’, Dean Obeidallah, Thomas, Harlan Crow, ” Clay Jones, John Oliver’s, Steve Vladeck, “ Thomas, ” Don’t, Clayton Swope, Dan Perry, Netanyahu, Jill Filipovic, Miss Teen USA Mary Ziegler, Bob Kolasky, Megan L, Ranney, Karen Tang, Halle Berry, Naomi Watts, Jonathan Yeo, King Charles III, Aaron Chown, Holly Thomas, King Organizations: CNN, Trump, Tribune, Agency, Trump Organization, Twitter, Facebook, DC, Robert Menendez of New, GOP, ” Texas, White, Europe, Russia, Kyiv, Biden, ABC, Democratic Party, Netflix, Garden State, Content Agency, Capitol, Consumer Financial, Board, Fifth Circuit, ICC, Miss USA, Miss Teen USA, Buckingham Palace, Royal Locations: New York, Robert Menendez of, Robert Menendez of New Jersey, Russian, Ukraine, Slovakia, Georgia, Soviet Republic, United States, Cleveland, “, Manhattan, North, . North Dakota, ” That’s, Louisiana , Mississippi, Texas, Florida’s, Buckingham

CNN spoke to 10 students and four faculty members at Morehouse College who had differing opinions on Biden speaking at their school. Jalen Silas Burch, a 19-year-old freshman, told CNN that he feels the president’s speech is a move to “pander” to Black male voters. Biden and Harris previously spoke at Morehouse College in 2022 as part of a major voting rights push with legislation stalled on Capitol Hill. Student volunteers assisting with the graduation ceremony at Morehouse College are also required this year to undergo a virtual de-escalation training with the Morehouse College Police Department before the graduation ceremony, according to an email obtained by CNN. “The number one conversation going on is that this graduation is not for President Biden.

Persons: Joe Biden, Biden, “ There’s, ”, Colin Royal, Kamala Harris, Morehouse, Cedric Richmond, “, Jalen Silas Burch, Calvin Bell, ” Morehouse, ” Michael Henry, Noah Collier, David A, Thomas, Steve Benjamin, Benjamin, Eddie Glaude, Harris, Stephane Dunn, …, ” Dunn, CNN’s Kayla Tausche, Victor Blackwell Organizations: Atlanta CNN, Morehouse College, Morehouse, Hamas, Maroon Tiger, Biden, Democratic, CNN, Morehouse College Democrats, Morehouse College ”, Israel, “, The Atlanta University Center Student Intercommunal, Biden’s Cabinet, ” Morehouse, ”, White, Princeton, American Studies, Capitol, South Carolina State University, Howard University, Tennessee State, Secret, Student, Morehouse College Police Department Locations: Washington, Atlanta, Gaza, Georgia, Israel, Morehouse’s

With average credit card interest rates at 21.59% as of February 2024 per the Federal Reserve, carrying any amount of credit card debt can become costly in a hurry. Can a debt consolidation loan actually make debt worse? "Their credit score tanks, which means they can't get another debt consolidation loan or even a credit card," said Dvorkin. Debt consolidation doesn't solve spending issuesFinancial expert Andrea Woroch points out that debt consolidation may be nothing more than a Band-Aid if you don't identify and fix the poor money management habits that got you into debt in the first place. Some debt consolidation loans have additional risksFinally, remember that some types of loans you can use for debt consolidation have a unique set of risks.

Persons: Howard Dvorkin, they're, Andrea Woroch, Kendall Meade, SoFi, Meade, Anne Lester, Lester Organizations: Federal Reserve, Business, Solutions, Asset Management

☆ Under Armour was a real threat to Nike. Now it’s fighting to stay relevant
▼ + stars: | 2024-05-18 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +10 min

It was the upstart athletic brand that was making real inroads against Nike, the dominant name in the industry. People saw it as a company that actually could break through and take market share from Nike among the hardcore athletes,” Swartz said. String of controversiesThe period from 2016 onward is when “things really started to fall apart” at Under Armour, Swartz said. A bulk of Under Armour products are sold through sporting goods retailers and department stores, including Macy’s and Kohl’s, and online. The basketball superstar Curry, arguably the best shooter in history, famously signed with Under Armour instead of Nike in 2013.

Persons: Armour, Stephen Curry, Jordan Spieth, Kevin Plank, Howard Schultz’s, Bob Iger’s, Plank, ”, David Swartz, Morningstar, ” Swartz, Justin Sullivan, Tommy Gilligan, ” Plank, Swartz, “, —, Stephanie Linnartz, ” Schwartz, Andrew Kelly, Merrell, Zak Stambor, Stambor, Plank’s, Noel Celis, Eric Smallwood, Dwayne Johnson, Johnson, ” Smallwood, Smallwood, Curry, Joel Embiid, Embiid, Skechers, Caitlin Clark Organizations: New, New York CNN, Nike, Starbucks, Disney, CNN, Sports, North, Maryland Terrapins, Southern Methodist Mustangs, Capital, Maryland, Reuters, —, Armour, Sports Authority, Sporting Goods, UCLA, US Securities and Exchange Commission, Footwear News, Adidas, NBA Golden State Warriors, UA Curry II, Getty, Apex Marketing, United Football League, NBA, WNBA Locations: New York, San Rafael , California, North America, College Park , Maryland, Manhattan , New York, Petaluma , California, Manila, AFP

☆ Some consumers are punting big purchases like pools and mattresses
▼ + stars: | 2024-05-18 | by ( Alex Harring | ) www.cnbc.com time to read: +8 min

Rachel Wisniewski | ReutersAmericans are kicking the can down the road on some more-costly, traditionally financed purchases as elevated inflation and interest rates bite. "As a result, consumers continue to scrutinize their spending and make near-term decisions based primarily on need, price and perceived value. But those options have fallen out of favor as interest rates rose. He also cited increased interest rates as another weight on their shoulders. Lofty interest rates have also hampered housing improvement efforts for those staying put, according to Home Depot .

Persons: Rachel Wisniewski, Joe, Shelly Ibach, Ibach, FactSet, Mark Mathews, Platt, J, Mitchell Dolloff, Dow Jones, it's, Mathews, Enphase, Badri Kothandaraman, Marc Bitzer, Patrick T, bode, Robert Ohmes, Richard McPhail, It's, McPhail Organizations: Reuters, Reserve, Prosper, National Retail Federation, San Francisco Fed, New York Fed, Management, Commerce Department, Consumers, Whirlpool, Fallon, Bloomberg, Getty, Bank of America, CNBC Locations: Gilbertsville , Pennsylvania, Minneapolis, U.S, California, Torrance , Calif, Minnesota

The question for some of us is, why some people want to keep working decades beyond retirement age? CNN Opinion editor Stephanie Griffith asked seven people who are past the conventional retirement age why they are still at the job and got as many responses as there were respondents. They continue to work happily and productively, and were happy to explain to us how and why they do it. Over the years I’ve had to adapt frequently to the changing technology, which isn’t always easy for someone my age. That may be the secret of working well past the time society tells us we’re supposed to retire.

Persons: CNN —, Howard Tucker, Tucker, he’ll, ” Tucker, Joe Biden, Donald Trump —, Trump, ageist, Biden, Stephanie Griffith, Vincent, Austin Tucker, I’ve, isn’t, “, Taylor Taglianetti, Gayle Fleming, it’s, I’m, —, Gayle Fleming Michael Ventura, Biden —, Charles Simon, Ana Marie Forsythe, Alvin, Ana Marie Forsythe Kyle Froman, — Joyce Trisler —, Joyce, She’d, Lester Horton, Alvin Ailey, Ailey, Ailey School Martha Graham, José Limón, Horton, don’t, Marjorie Perces, Cheryl Bell, didn’t, Babette Coffey, you’ve, you’re, David A, I, Pamela S, Donald Trump, Maggie Mulqueen, Alan Steele, Joan Steinau Lester, ”, Carole Johnson, — I’m, Octogenarians Organizations: CNN, Records, Biden, Vincent Charity Medical Center, Case Western Reserve University, St, AI Society, Computer, MSNBC, Society, Alvin Ailey School, Dance Media, Juilliard, Ailey School, Alvin, Alvin Ailey American Dance, Vassar College, Ailey, Horton Department, The New York Times, CBS, American, French Legion of, Social Security, Twitter Locations: Ohio, St, Cleveland, one’s, Seattle , Washington, Cambridge , Massachusetts, West, Horton, New York City, ”, Brookline , Mass, drmaggiemulqueen.com

☆ Tony Pigg, Celebrated D.J. of FM’s Golden Age, Dies at 85
▼ + stars: | 2024-05-17 | by ( Alex Williams | ) www.nytimes.com time to read: +1 min

Tony Pigg, a silky-voiced disc jockey who rode high during FM radio’s golden era — first supplying extended jams to the psychedelic underground on the seminal San Francisco radio station KSAN in the 1960s and later at the powerhouse rock station WPLJ in New York — died on April 26 at his home in Manhattan. His death was announced by his wife, Lucinda Scala Quinn. Howard Stern recently said on his SiriusXM satellite radio show that he was enamored with Mr. Pigg’s work when he was growing up on Long Island. “He was one of those guys I was really jealous of,” Mr. Stern said. His talent was a major reason why in the 1970s, WPLJ became the most-listened-to FM station in America and is so fondly remembered today.”

Persons: Tony Pigg, New York —, Lucinda Scala Quinn, Howard Stern, Pigg’s, ” Mr, Stern, “, ’, Jim Kerr, WPLJ, ” Organizations: New York Locations: Francisco, New York, Manhattan, America

☆ 17-year-old got into 2 Ivy League schools—her financial aid package helped her decide where to go
▼ + stars: | 2024-05-16 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +4 min

Facing unknown costs of attendanceAnsah knew she needed financial aid to attend college. "I knew that ultimately the decision of where I'm going to go would be heavily impacted by the financial aid aspect." Typically, when incoming students receive their college acceptance letters, they also receive a financial aid offer if they applied and qualify for assistance. And now, as students are making college decisions, some still haven't seen financial aid offers. But neither of her acceptance letters from Penn or Princeton included financial aid award information.

Persons: —, Ansah, It's, We've, wouldn't, She'd Organizations: Princeton University, University of Pennsylvania, CNBC, Ivy League, Princeton, Penn, Federal Student Aid, of Education, Rutgers University, Howard University, University of Maryland Locations: New Jersey, Penn

☆ FDA greenlights self-collection of vaginal samples for cervical cancer screening
▼ + stars: | 2024-05-15 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +6 min

Most cervical cancers are caused by human papillomavirus or HPV, and screening for HPV can help identify women who may be at risk of developing cervical cancer. The US Preventive Services Task Force recommends screening for cervical cancer with cervical cytology every three years for women ages 21 to 29. “Most cervical cancers are found in people who have never had a cervical cancer screening test or who have not had one recently. Screening for cervical cancer remains important because early cases often may not have signs or symptoms. Cervical cancer is treated in many ways, including surgery, chemotherapy and radiation therapy.

Persons: Dickson, BD –, Dr, Karen E, Knudsen, “, Jeff Andrews, ”, Roche, ” Dr, William Dahut, Sanjay Gupta, ” Trena Depel Organizations: CNN, US Food and Drug Administration, Roche, Company, BD, FDA, American Cancer Society, US Preventive Services Task Force, National Cancer Institute, US Centers for Disease Control, ”, CNN Health, Health, Teal Health Locations: United States

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

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

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

☆ Biden, Trump face 'massive tax cliff' amid budget deficit, experts say
▼ + stars: | 2024-05-14 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

The next U.S. president will face trillions in expiring tax breaks. While President Joe Biden and former President Donald Trump have shared early proposals, the federal budget deficit could complicate plans, experts say. Many TCJA tax breaks are temporary and slated to sunset after 2025 unless Congress passes legislation to extend them. "It's a massive tax cliff," said Erica York, senior economist and research manager with the Tax Foundation's Center for Federal Tax Policy. Here's why prices still aren't going downHowever, the federal budget deficit will be a "huge sticking point" amid tax negotiations, York said.

Persons: Joe Biden, Donald Trump, Erica York, Biden, York, Howard Gleckman Organizations: Trump, Tax, Center, Federal Tax, Finance, Congressional, Urban, Brookings Tax Locations: Washington

☆ Money or talent? What's actually driving hedge funds to Abu Dhabi and Dubai
▼ + stars: | 2024-05-14 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +9 min

Millennium, Brevan Howard, Schonfeld, and ExodusPoint are just a few of the funds that have put roots down in either Abu Dhabi or Dubai. Meanwhile, Bridgewater's Ray Dalio bought a penthouse in Abu Dhabi as he compliments the country's policies. When one US-based hedge fund fundraiser met with Abu Dhabi officials late last year, he didn't expect much to come of it. He lauded everything from the Louvre outpost in Abu Dhabi to the warm weather to the responsiveness from government officials. A Bloomberg story on Abu Dhabi notes that it's fast-tracking country-club admissions for new wealthy immigrants.

Persons: —, Brevan Howard, Schonfeld, Bridgewater's Ray Dalio, Austen Smart, Tighe, Smart, Alan Howard, Greg Coffey, Danny Yong, hoover, Doug Greenig, Morgan, Point72, Steve Cohen, Viking Global's Andreas Halvorsen, keynotes, Howard, Abu Dhabi, Craig Bergstrom, Bobby Jain's, Florin Court's Greenig, Abu, Floring Organizations: Service, United Arab Emirates, titans, Business, Tighe International, Florin Court Capital, Morgan Stanley's, Dubai Financial Services Authority, Abu, Abu Dhabi Investment Authority, Mubadala Investment Company, Corbin Capital, Abu Dhabi Global, Hong Kong, pats, Bloomberg Locations: Dubai, Abu Dhabi, London, New York, Mumbai, UAE, Asia, Switzerland, It's, Gaza, Iran, Palm, Europe, Cayman Islands, Jersey, Miami, San Franciso, Riyadh, Saudi

☆ A Never-Before-Seen Interview With Roger Corman, Hollywood Legend
▼ + stars: | 2024-05-13 | by ( Graham Flanagan | ) www.businessinsider.com time to read: +2 min

Known as the "King of the B Movies," the legendary filmmaker Roger Corman died on May 9 at the age of 98. Corman specialized in making low-budget genre movies with titles like "The Wasp Woman," "Attack of the Crab Monsters," and "Teenage Caveman." Corman hired these directors in the early stages of their careers to helm low-budget features that the filmmakers have acknowledged as learning experiences they applied in their later larger-scale productions. In fact, many of these directors hired Corman in small acting roles in movies like "The Godfather Part II," (Coppola), "The Silence of the Lambs" (Demme), and "Apollo 13" (Ron Howard). In the interview, Corman shares myriad lessons learned while working in the film industry for more than 60 years.

Persons: Roger Corman, Corman, He's, Graham Flanagan, Jack Nicholson, Martin Scorsese, James Cameron, Francis Ford Coppola, Jonathan Demme, Coppola, Demme, Ron Howard Organizations: Lambs, Universal Pictures, Business Locations: Los Angeles

☆ A US Navy supply ship was run aground by a distracted junior officer after the ship's captain left to eat dinner, investigation reveals
▼ + stars: | 2024-05-13 | by ( Konstantin Toropin | ) www.businessinsider.com time to read: +4 min

Read previewA Navy supply ship was run aground by a junior officer off the coast of Bahrain shortly after the ship's master — or captain — left the bridge to eat dinner, an investigation revealed. The master took the ship there and then went to eat dinner, leaving the ship in the hands of a much more junior third officer. Less than 30 minutes later, the Alan Shepard was grounded on a shoal. An MH-60S Sea Hawk approaches the Lewis and Clark-class dry cargo and ammunition ship USNS Alan Shepard. Sailors aboard guided-missile destroyer USS Spruance hold the phone and distance line during a replenishment-at-sea with dry cargo ship USNS Alan Shepard.

Persons: —, Alan Shepard, Lewis, Clark, James Hong, Military.com, Alan Shepard's, Spruance, Taylor Crenshaw, Arleigh Burke, Andrew Langholf, Howard, Cmdr, Kenji Igawa Organizations: Service, Navy, Business, US Navy, US Coast Guard, Halsey Locations: Bahrain, Bali, Indonesia

Cohen’s testimony ties together the prosecution’s allegations that Trump broke the law by falsifying business records to reimburse Cohen and conceal the hush money payment that Cohen said he made at Trump’s direction. Cohen described his conversations with Trump during the Daniels hush money negotiations, which prosecutors backed up using Cohen’s phone records to show when the two had spoken. Trump,” Cohen said. “Reimbursement of my money,” Cohen said. They joined Trump for the high-profile Cohen testimony, sitting in the gallery behind the former president at the defendant’s table.

Persons: CNN — Michael Cohen, Donald Trump, Stormy Daniels, Trump, Cohen, Daniels, Susan Hoffinger, Todd Blanche, perjurer, David Pecker, Keith Davidson, Karen McDougal, Pecker, Davidson, Dylan Howard, Hope Hicks, “, ” Cohen, ”, Hoffinger, ” Hoffinger, “ Mr, Michael Cohen's, Melania, CNN “, Trump’s, reimbursements Cohen, Allen Weisselberg, Weisselberg, “ David Dennison ”, Peggy Peterson ”, would’ve, ” –, McDougal, glanced, Hicks, Madeleine Westerhout, Cohen’s, wasn’t, Juan Merchan’s, Eric Trump, Susie Wiles, Sen, Rick Scott, J.D, Vance of Ohio, Tommy Tuberville, Nicole Malliotakis, Alina Habba Organizations: CNN, Trump, National Enquirer, Melania Trump, New York, Republican Locations: Yom Kippur, –, Trump, Cohen’s, Republic, Manhattan, Florida, Alabama, Staten, Iowa

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