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The Fed Under Trump 2.0
  + stars: | 2024-07-17 | by ( Andrew Ross Sorkin | Ravi Mattu | Bernhard Warner | ) www.nytimes.com   time to read: +1 min
Trumponomics and the FedOne of the hot debates on Wall Street this election cycle is how Donald Trump would deal with the Fed if he is re-elected and, in particular, if he would fire or demote Jay Powell as chair, The Times’s Jeanna Smialek writes for DealBook. In an interview with Bloomberg Businessweek conducted before last weekend’s assassination attempt, Trump said that he did not plan to fire Powell, allowing him to serve out his term. Trump appointed Powell, but turned on him over interest rate policy. The former president was displeased when the central banker refused to cut rates to bolster economic growth. President Biden reappointed Powell to a new four-year term that started in 2022.
Persons: Donald Trump, Jay Powell, Smialek, Trump, Powell, it’s, Biden Organizations: Bloomberg Businessweek, Trump
But the Secret Service, the agency charged with protecting Mr. Trump, did not stop him from taking the stage. Image Secret Service snipers surveilling the surrounding area before Mr. Trump began to speak. But that created a blind spot, outside the security perimeter but well within rifle range of Mr. Trump. was able to finally access Mr. Crooks’s cellphones and other electronic devices, agents could see that he had searched for images of Mr. Trump as well as President Biden, Attorney General Merrick B. Garland and even F.B.I. Mr. Crooks also had at typed in “major depressive disorder” and searched for dates and places for appearances for both Mr. Biden and Mr. Trump.
Persons: Donald J, Trump, — Thomas Matthew Crooks, Crooks, Eric Lee, Marsha Blackburn, Biden, Alejandro N, Mayorkas, Kimberly A, Cheatle, Butler, Kristian Thacker, , Richard Goldinger, General Merrick B, Garland, Christopher A, Wray, Trump’s, Crooks’s, Pittsburgh’s WTAE, Doug Mills, Mr, , Edward Natali, Crooks “, Natali, , bloodying, Corey Comperatore, Eduardo Medina, Jeanna Smialek, Chelsia Rose Marcius, Mark Walker, John Ismay, William K Organizations: Service, Republican, Secret, New York Times, Secret Service, Biden Sunday . Homeland, ABC News, The New York Times, The Times, AGR International, Mr, Police Department Locations: Butler, Pa, Tennessee, ” Butler County, Bethel Park, Butler County, Washington, New York
CNN —Like its titular tornados, “Twisters” blasts through a lot in its 122-minute runtime. Generally, scientists are the least certain about the connection between tornadoes and climate change as it’s unclear how warming temperatures are changing storms themselves or the outbreaks. Cathy, a local farmer, gripes that storms and floods are becoming more frequent, and the price of wheat more expensive, while stopping short of citing climate change. However, for a film populated by scientists and clued-in citizens to not mention climate change is a little like the twisters themselves: there’s a hole at the center. !”“Making a ‘Twisters’ movie in Tornado Alley during storm season, tornado season, it’s kind of perfect.
Persons: Glen Powell’s brawn, , , Lee Isaac Chung, “ We’ve, , Javi, Anthony Ramos, Kate, Daisy Edgar, Jones, ” Lee, Maura Tierney’s, Cathy, that’s, Lee, Glen Powell, Mark L, Smith, Joseph Kosinski, it’s, we’re, Kevin Costner, Yorgos, Matt Smith, Fabien Frankel, Anya Taylor, Joy, Max, George Miller, Chris Hemsworth, Samsik, Kang, , Nicola Coughlan, Luke Newton, Guy, Ryan Gosling, Emily Blunt, David Leitch, stuntmen, Jane Schoenbrun, Justice Smith, Brigette Lundy, Paine, Josh O'Connor, Idris Elba, Adam Pally, Hao Xuande, Sandra Oh, Chan, Henry Cavill, Alex Pettyfer, Guy Ritchie's, Guy Ritchie, Jerry Bruckheimer, Isabella Rossellini, Kristen Stewart, she's, Denis Villeneuve, Frank Herbert's, Jessica Chastain, Austin Butler, Ambika Mod, Leo Woodall, Molly Manning Walker, Bryan Cranston, Matthew Vaughn, Ava DuVernay, Aunjanue Ellis, Taylor, Paul Mescal, Andrew Scott, George Clooney, Pedro Alonso, Penelope Cruz, Laura Garello Ferrari, Adam Driver, Michael Mann, Emma Stone, Bella Baxter, Willem Dafoe, Mark Ruffalo, Ramy Youssef, Imelda Staunton, Dominic West, Ncuti Gatwa, Paul King, Hugh Grant's Oompa, Napoleon, Vanessa Kirby, Ridley Scott, Nicolas Cage, Emerald Fennell, Jacob Elordi, Priscilla, Sofia Coppola, Elvis Presley, Kitty Green, Justine Triet, Sandra Hüller, Palme, Ryu Seungryong, Oppenheimer, Christopher Nolan, Cillian Murphy, Robert Downey Jr, Margot Robbie, Ken, Greta Gerwig, Mattel, Tom Cruise, Christopher McQuarrie, Simon Pegg, Scarlett Johansson, Jason Schwartzman, Adrien Brody, Jeffrey Wright, Wes Anderson, Celine Song, Greta Lee, Halle Bailey, Javier Bardem, Kim Woo, Seung, Cho Ui, seok, Jan de Bont’s, ” Glen Powell, Melinda Sue Gordon, Ramos, Powell, everybody’s weirdly, ” Powell, Tyler Owens, “ I’m, anyone’s Organizations: CNN, , Universal Pictures, Warner Bros ., CNN CNN, Ungentlemanly, Locations: Midwest, Oklahoma, Arkansas, Korea, Modena, Palme d'Or,
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Vance told the outlet that in 2018, he was invited to an event hosted by the Business Roundtable, a nonprofit lobbyist group made up of CEOs. Vance told the Times the CEO then turned to him and said, "Well, you understand this as well as anybody. "Trump is much more economically populist, anti-free trade than traditional Republicans, and Vance has pushed hard to support this new populist economics in the GOP." The outlet reported that some business leaders and major GOP donors were against Trump picking Vance as a running mate.
Persons: , Donald Trump, Sen, JD Vance, Ohio Republican —, Vance, we've, I've, Trump, Brian Riedl, Hitler, Trumper Organizations: Service, Ohio Republican, Trump, The New York Times, Business, Times, Republicans, GOP, Manhattan Institute Locations: Ohio
New York CNN —Thomas Matthew Crooks, the 20-year-old who opened fire on former President Donald Trump during a campaign rally Saturday in Pennsylvania, was pictured twice wearing a t-shirt that said “Demolition Ranch” on it. Demolition Ranch is a popular YouTube channel for gun enthusiasts with more than 11 million subscribers. “We were shocked and confused to find this out: The shooter who tried to assassinate Trump was wearing merch from my channel, wearing a Demolition Ranch t-shirt. Demolition Ranch usually posts a variety of videos relating to guns with titles such as “Eating A Meal Cooked ONLY With A GUN!! Carriker said Demolition Ranch cannot vet everyone who buys its products.
Persons: New York CNN — Thomas Matthew Crooks, Donald Trump, Crooks, Matt Carriker, Trump, ” Carriker, Carriker, CNN Crooks ’, CNN’s John Miller, Casey Tolan, Evan Perez, Danny Freeman, Majlie, Puy Kamp, Curt Devine, Isabelle Chapman Organizations: New, New York CNN, CNN, Trump, Secret Service, Bethel Park, Bethel Park High School Locations: New York, Pennsylvania, Texas, Pittsburgh, Bethel
Read previewActor Scarlett Johansson thinks OpenAI CEO Sam Altman would make a good Marvel villain. In her statement, Johansson said she'd initially turned down Altman's offer to voice the AI model back in September. We cast the voice actor behind Sky's voice before any outreach to Ms. Johansson," Altman said in a statement the following day. Read more about how we chose these voices: https://t.co/R8wwZjU36L — OpenAI (@OpenAI) May 20, 2024In her interview with Dowd, Johansson said that "it was surreal" when OpenAI released "Sky" to the world. AdvertisementRepresentatives for Altman and Johansson didn't immediately respond to requests for comment from Business Insider sent outside regular business hours.
Persons: , Scarlett Johansson, Sam Altman, Maureen Dowd, Johansson, Altman, Spike Jonze's, she'd, OpenAI, Scarlett Johansson's, Sky's, We’ve, Dowd, Johansson didn't Organizations: Service, Marvel, New York Times, Business, Times, Business Insider Locations: ChatGPT
Patrick Healy, the deputy Opinion editor, hosted an online conversation with the Times Opinion columnists Ross Douthat, David French, Michelle Goldberg and Bret Stephens to discuss Donald Trump’s choice of J.D. Vance as his running mate — why Mr. Trump picked him, how Mr. Vance could help the ticket, what’s surprising and unusual about the vice-presidential nominee, and what if anything worries our columnists about Mr. Vance. Patrick Healy: The answer to one of the biggest questions of the presidential election has now been revealed: Donald Trump has chosen J.D. Vance as his running mate. What was the first thing that popped into your minds when you heard Trump had picked the first-term senator from Ohio and why?
Persons: Patrick Healy, Ross Douthat, David French, Michelle Goldberg, Bret Stephens, Donald Trump’s, Vance, , Trump, Donald Trump, Fareed Zakaria’s, Trumper Organizations: Fareed Zakaria’s CNN, Republican Party, Trump Locations: Ohio, United States
Video taken by a bystander shows people pointing to the man suspected of shooting at former President Donald J. Trump at a rally in Pennsylvania and frantically warning law enforcement, just two minutes before the first burst of gunfire rang out, according to an analysis of the footage by The New York Times. “Someone’s on top of the roof,” one person is heard saying. “There he is, right there.”“He’s on the roof!” says another, calling to an officer. “Right here, right on the roof.”The footage shows the suspected gunman lying prone on the roof of a white structure, which The Times previously identified as the location from which shots were fired. The building is roughly 400 feet from the stage where Mr. Trump was standing, but was outside the rally’s security perimeter.
Persons: Donald J, Trump, Organizations: New York Times Locations: Pennsylvania
Slowing Down Like Scarlett
  + stars: | 2024-07-13 | by ( David Leonhardt | ) www.nytimes.com   time to read: +2 min
With Melissa Kirsch — the regular writer of our Saturday newsletter — off today, we’re going to turn to another source for some life guidance: Scarlett Johansson. Despite all this, as Maureen explains, Johansson manages to carve out a surprising amount of normalcy in her life. “She goes to the supermarket,” Colin Jost, the Saturday Night Live star, who’s married to Johansson, said. As I read the profile, I was struck that Johansson also rejects modern normalcy in some important ways. Her large green eyes stay trained on me for nearly two hours, asking nearly as many questions as she fields.
Persons: Melissa Kirsch —, Scarlett Johansson, Maureen Dowd, Johansson, Maureen, Colin Jost, who’s, “ She’s, Read Organizations: Times, Disney Locations: New York, Central Park
Robert F. Kennedy Jr., who is running for president as an independent, has said that he has “many skeletons” in his closet. Mr. Kennedy declined to comment on the messages or on Ms. Cooney’s allegations. Ms. Cooney was a weekend babysitter — the Kennedys had three children then (a fourth was born later) — and she worked as an intern in his law clinic at Pace. Another time, she said, Mr. Kennedy came into her room shirtless and asked her to rub lotion on his back. Ms. Cooney also described an incident when she was alone at the house with Mr. Kennedy.
Persons: Robert F, Kennedy Jr, Eliza Cooney, Kennedy’s, Kennedy, groping, Cooney, , , Ms, , Mary Richardson Kennedy, , Riverkeeper Organizations: Washington Post, Mr, Pace Law School, The New York Times, Times, Pace Locations: White Plains, N.Y, Mount Kisco
Kimbal Musk said he felt hopeless when his brother Elon got beaten up at school. He told The Times of London that Musk had upset those involved but didn't deserve the severe beating. The brothers grew up in South Africa, which Kimbal described as a "very violent place" at the time. AdvertisementElon Musk's brother Kimbal Musk felt hopeless when Elon got "severely" beaten up at school, he told The Times of London in an interview. Kimbal Musk recounted his experience growing up with his older brother in South Africa, a place he described as "very violent" at the time.
Persons: Kimbal Musk, Elon, Musk, Kimbal, Organizations: Times, Service, Business Locations: London, South Africa
Democratic donors are reportedly freezing $90 million in pledged donations to a Biden super PAC. The donors plan to withhold the cash unless Biden steps aside, sources told the NYT. AdvertisementDonors told a leading Biden super PAC that they're pausing around $90 million of promised funds unless the president steps aside, two sources told the New York Times. Future Forward is the biggest super PAC supporting Biden and declined to comment on the fallout. A spokesperson did tell The Times that the PAC expects donors to return once the uncertainty about the campaign sorts itself out.
Persons: Biden, Hollywood bigwigs, Organizations: Biden, Hollywood, Service, New York Times, Times
Reid J. Epstein covers campaigns and elections from Washington. Before joining The Times in 2019, he worked at The Wall Street Journal, Politico, Newsday and The Milwaukee Journal Sentinel. See more on: U.S.
Persons: Reid J, Epstein Organizations: The Times, Wall Street, Politico, Newsday, Milwaukee Journal Sentinel Locations: Washington
Read previewElon Musk has denied that he offered up his sperm to help start a colony on Mars. "I have not, for what it's worth, 'volunteered my sperm'" wrote Musk in a post on X. Two people with knowledge of Musk's comments also told the NYT the Tesla CEO had volunteered his sperm to help grow the colony. Experts told Business Insider that it is unclear how practical it would be for Musk to send sperm to Mars. Elon Musk and SpaceX did not immediately respond to a request for comment from Business Insider, made outside normal working hours.
Persons: , Elon Musk, I've, Musk, Adam Watkins Organizations: Service, SpaceX, New York Times, Business, Times, Mars, University of Nottingham Locations: Mars
During the event, he fumbled — with gaffes like calling Vice President Kamala Harris "Vice President Trump," and mistakenly addressing Ukrainian President Volodymyr Zelenskyy as "President Putin." Rep. Jared Huffman of California reposted Harris' North Carolina campaign speech on X on Thursday, writing: "VP Harris is on fire. AdvertisementHe added: "Let me be very clear: if/when President Biden passes the torch, I'm all-in for Kamala Harris!" "I got him out the race, and that means we have Kamala," Trump said in the clip. AdvertisementIn anticipation of a switch of candidates, Trump is already trialing some nasty nicknames for Harris, including "Laffin' Kamala Harris" and "Cackling Copilot Kamala Harris."
Persons: , Joe Biden, Biden, Kamala Harris, Trump, Volodymyr Zelenskyy, Putin, Harris, Biden's, Jared Huffman, She's, Brian Stelter, Al Sharpton, Donald Trump, It's, Kamala, Laffin, Gavin Newsom, Gretchen Whitmer, Sen, Amy Klobuchar, Newsom, Whitmer Organizations: Service, CNN, Democratic, Business, Trump, America, Biden, White, The New York Times, Times, ABC News, Washington Post, Democratic Party, Gov, Democrats, Business Insider Locations: North Carolina, United States, America, California, Harris, Michigan, Minnesota
The NATO summit is being held in Washington, DC, with Russia's invasion of Ukraine a key topic. NATO has agreed to provide Ukraine with $40 billion in new military aid, but it won't arrive soon. Ukraine may have to wait another year before launching a counteroffensive, one NATO official said. AdvertisementUkraine may have to wait another year before launching a new counteroffensive against Russian forces, a NATO official told The New York Times. During the NATO summit in Washington, DC, this week, members of the military alliance agreed to provide Ukraine with $40 billion in new military aid to fight the Russian invasion.
Persons: Organizations: NATO, Service, Russian, New York Times, Times, Business Locations: Washington ,, Ukraine, Russian
Read previewIt's not very often that you're offered a job in an exciting new country — at least in my case. AdvertisementAmericans love road tripsI can't quite understand the appeal of "The Great American Road Trip," in which you drive 700 miles in one day while singing along to rock ballads. Thanks to a fun game in the car, I actually enjoyed my road trip to Maine last week. AdvertisementMeanwhile, there are six in the US, which encompasses 3,532,316 square miles, including Alaska Standard Time and Hawaii-Aleutian Standard Time. "Some things you get used to, some things you don't," goes the old saying about making a big change.
Persons: , I've, I'm, Jane Ridley, reckons it's Organizations: Service, Business, ZZ Locations: England, Manhattan, America, London, Edinburgh, Florida, New York, Maine, American, Alabama, Scotland, Wales, Alaska, Hawaii, Oregon, Los Angeles and New York City, California, York, Britain
Read previewFormer president Barack Obama may be quietly supporting — or at least not objecting to — the Democratic push to oust Joe Biden, according to multiple reports. On the Thursday morning broadcast of MSNBC's "Morning Joe" — a personal favorite show of Biden's — host Joe Scarborough said that the Biden team believes Obama is supporting the Democratic revolt against Biden's reelection campaign. "It's devastating to say it, but the Joe Biden I was with three weeks ago at the fundraiser was not the Joe 'big F-ing deal' Biden of 2010," Clooney wrote in the Times. "He wasn't even the Joe Biden of 2020. AdvertisementRepresentatives for Obama and the Biden campaign did not immediately respond to a request for comment from Business Insider.
Persons: , Barack Obama, Joe Biden, Joe Scarborough, Biden, Obama, Biden's, Scarborough, Scarborough's, Mika Brzezinski, chimed, George Clooney, Obama —, Clooney —, Clooney, Joe, Jimmy Kimmel, David Axelrod, I'm, Donald Trump Organizations: Service, Democratic, Business, The New York Times, Politico, Times, Biden, Street Journal, Trump Locations: LA
A brutal 24 hoursPresident Biden and his allies may have thought they had stemmed a rebellion by fellow Democrats and donors after his debate debacle. Some Democratic lawmakers made clear that they weren’t falling into line behind Biden. She said she would back whatever decision he takes, but the equivocal comments were seen as offering other Democrats space to speak up. Hours later, Peter Welch of Vermont became the first Democratic senator to call on Biden to withdraw. “We can’t unsee what we saw” at the debate, Welch told The Times, adding that Donald Trump’s returning to power would be a “catastrophe.”
Persons: Biden, Nancy Pelosi, MSNBC’s, Joe ”, Peter Welch of, Welch, Donald Trump’s Organizations: NATO, Democratic, White, The Times, Peter Welch of Vermont, Times
New York CNN —Joe Biden is losing a particularly influential corner of support: Hollywood. “I love Joe Biden. “It’s devastating to say it, but the Joe Biden I was with three weeks ago at the fund-raiser was not the Joe ‘big F-ing deal’ Biden of 2010. He wasn’t even the Joe Biden of 2020. I’m told that the Biden campaign has actively been making phone calls to Hollywood supporters, working to maintain their support in this turbulent moment.
Persons: New York CNN — Joe Biden, George Clooney, Joe Biden, ” Clooney, he’s, , Joe ‘, ’ Biden, wasn’t, “ Joe Biden, Clooney, Biden, Rob Reiner, Donald Trump, Reed Hastings, Damon Lindelof, Biden “, Abigail Disney, Ari Emanuel, “ Donald Trump, , ” Emanuel, , I’m, won’t, Organizations: New York CNN, Hollywood, New York Times, City of Angels, Democratic, CNN, Netflix, Trump, Democratic Party, Biden Locations: New York, Hollywood
Presidential Medical Secrets
  + stars: | 2024-07-11 | by ( David Leonhardt | Ian Prasad Philbrick | ) www.nytimes.com   time to read: +1 min
Only later — years later, in some cases — does the severity become clear. Grover Cleveland’s aides lied about a surgery in 1893 — performed on a friend’s yacht — to excise a tumor in his mouth. Woodrow Wilson spent his last year and a half as president debilitated by strokes while his wife and doctor secretly carried out some presidential duties. Dwight Eisenhower’s doctor initially described his heart attack in 1955 as “a digestive upset.” John F. Kennedy’s aides lied about his Addison’s disease. President Biden and his aides have become part of this presidential tradition.
Persons: James Madison, Chester Arthur’s, Grover Cleveland’s, , Woodrow Wilson, debilitated, Franklin D, Roosevelt, Dwight Eisenhower’s, ” John F, Kennedy’s, Ronald Reagan’s, Donald Trump, Biden Organizations: The Times Locations: United States
The Biden campaign conducted a survey measuring Kamala Harris' performance against Donald Trump. In an internal memo, the campaign insisted that no other nominee would perform better than Biden. AdvertisementDespite President Joe Biden's insistence that he is staying in the race, his campaign is testing Kamala Harris' strength against Donald Trump. It is seemingly the first time that the Biden camp is measuring Harris' chances after the debate, though other pollsters have been acutely interested in her since the disastrous night. Three sources informed about the survey declined to tell The Times why the campaign conducted it and how they plan to use the results.
Persons: Kamala Harris, Donald Trump, Biden, presser, , Joe Biden's, Harris Organizations: Biden, Service, New York Times, Business
Read previewNATO on Wednesday accused China of being "a decisive enabler of Russia's war against Ukraine" and demanded that it stop aiding Moscow's military or face the consequences. In the alliance's Washington Summit declaration, published before a White House dinner with its leader, it called on China "to cease all material and political support to Russia's war effort." The strongest rebuke yetJens Stoltenberg, NATO's secretary-general, described the language as the "strongest message NATO allies have ever sent on China's contributions to Russia's illegal war against Ukraine." In response, China has said it is not a party to the Ukraine war and that there should be no interference with trade between China and Russia. Speaking at a press briefing on Thursday, Chinese foreign ministry spokesperson Lin Jin said "NATO hyped up China's responsibility" in Russia's invasion of Ukraine, according to Reuters.
Persons: , Natalie Sabanadze, Jens Stoltenberg, NATO's, Lin Jin, Lin, Alexander Stubb, Xi Jinping, Stubb, Jake Sullivan, Biden Organizations: Service, Wednesday, Business, Chatham House, New York Times, NATO, Ukraine, Reuters, The Times, Bloomberg Locations: China, Ukraine, Washington, Russia, Europe, London, Beijing, NATO, United States
Elon Musk offered his sperm to seed a settlement on Mars, anonymous sources told The New York Times. Secretive teams at SpaceX are investigating options for a Mars colony, including reproduction, according to the report. It's unclear whether it's possible to have babies on Mars due to high radiation and low gravity. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Two anonymous sources told the Times that Musk had volunteered his sperm.
Persons: Elon Musk, , Elon, Mars, Musk Organizations: New York Times, SpaceX, Service, Times, Business
Read previewOne of the world's greatest Go players who was defeated by an artificial intelligence program warns that the technology may come with a rude awakening for humans as it advances. This story is available exclusively to Business Insider subscribers. 1 through frantic efforts," Lee told Yonhap News Agency at the time. "People used to be in awe of creativity, originality, and innovation," Lee told The Times. Noam Chomsky, a linguistics professor and philosopher, previously told Business Insider in 2023 that he was "skeptical" that artificial intelligence could make breakthroughs in studies like the arts.
Persons: , Lee, AlphaGo, Google's DeepMind, I've, Noam Chomsky, Steven Spielberg, Stephen Colbert, Spielberg Organizations: Service, Business, Yonhap News Agency, The New York Times, Go, The Times Locations: South Korean, Seoul
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