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☆ Federal judge blasts DeSantis administration for threats against TV stations
▼ + stars: | 2024-10-17 | by ( Liam Reilly | Brian Stelter | ) edition.cnn.com time to read: +4 min

New York CNN —“To keep it simple for the State of Florida: it’s the First Amendment, stupid.”That’s what a federal judge wrote Thursday as he sided with local TV stations in an extraordinary dispute over a pro-abortion rights television ad. “Florida has now banned abortions, even in cases like mine.”The state health department – part of Gov. John Wilson, the health department’s general counsel, sent cease-and-desist letters to multiple television stations airing the ad. The health department’s threats were so chilling that WINK, a CBS affiliate, pulled the ad from its broadcasts, Florida Politics reported. Other stations have continued to air the ad, some as recently as Thursday evening, according to the TVEyes video search service.

Persons: New York CNN —, Mark E, Walker, Caroline, ”, Ron DeSantis’s, –, John Wilson, Wilson, Joseph Ladapo, ” Wilson, “, ” Jae Williams, Jessica Rosenworcel Organizations: New, New York CNN, State of, Chief U.S, District, Northern, Northern District of, Gov, Tampa Bay Times, Miami Herald, CNN, Physicians for Human Rights, CBS, Florida Politics, Democratic, FCC Locations: New York, State of Florida, Northern District, Northern District of Florida, Florida

☆ Inshur provides embedded insurance to ride-hailing companies like Uber. Check out the 16-slide pitch deck used to secure $19 million.
▼ + stars: | 2024-10-17 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

Insurtech startup Inshur has secured $19 million in Series B funding. AdvertisementNew York-based startup Inshur, which provides bespoke insurance for workers in the on-demand economy, has secured $19 million in Series B funding. AdvertisementIts products are used by ride-hailing clients such as Uber and can be embedded into a company's existing platform. For example, Uber drivers can log in using their Uber credentials on the Inshur app, to get a quote, said Bratshpis. The Series B, led by Viola Growth and with participation from MS&AD, brings the startup's total funding to $80 million.

Persons: —, Dan Bratshpis, Viola Growth, Inshur Organizations: Service, Uber, American Business Insurance Services Locations: New York

Trump's team had asked Chutkan to compel prosecutors in special counsel Jack Smith's office to provide them with additional evidence, including "all information" about foreign interference and influence efforts in the 2020 election. It's part of the Trump team's attempt to present Trump's concerns about mass voter fraud — which were roundly rejected by independent arbiters and courts — as "reasonable" and grounded in reality. Judge Tanya Chutkan pushed back on Trump's claims on Wednesday in an order that rejected all but three of his 14 categories of requests for additional evidence. Trump's state of mind is essential to the case, and Smith's team has alleged that Trump "knew" his election lies "were false." The Supreme Court gutted part of Smith's case over the summer with its ruling on presidential immunity, but the case against Trump is — very slowly — churning towards a potential trial.

Persons: WASHINGTON, Donald Trump, Tanya Chutkan, Chutkan, Jack Smith's, Trump, Trump’s, of National Intelligence John Ratcliffe, Mark Milley, Chris Miller, Mike Pence, Pence, Merrick Garland, Smith's, Trump “, Joe Biden’s, Steven Cheung, Witch Hunt Organizations: Capitol, Trump, Biden Administration, of National Intelligence Locations: Black, Detroit, United States, Trump's

WASHINGTON — A team of federal prosecutors led by special counsel Jack Smith said in a filing Wednesday that Republican presidential nominee Donald Trump bears responsibility for the Jan. 6 attack on the U.S. Capitol. In a filing responding to Trump's attempt to dismiss the case, Smith's team said it "is incorrect" for Trump's team to assert that the superseding indictment returned against Trump in August does not show that Trump bears responsibility for the events of Jan. 6. "Those allegations link the defendant’s actions on January 6 directly to his efforts to corruptly obstruct the certification proceeding," Smith's team wrote. Special counsel Jack Smith delivers remarks on an unsealed indictment against Trump on June 9, 2023. The latest filing comes after the Supreme Court's decision on presidential immunity gutted part of Smith's case against Trump.

Persons: WASHINGTON, Jack Smith, Donald Trump, Joe Biden's, Mike Pence, Pence, Chip Somodevilla, Trump, ”, Twitter —, ” Smith, Tanya Chutkan Organizations: U.S . Capitol, Trump, Washington , D.C, Capitol, Twitter Locations: Washington ,

☆ Eli Lilly to trial use of weight loss drugs to combat unemployment in U.K.
▼ + stars: | 2024-10-16 | by ( Karen Gilchrist | Karen Gilchrist Is A Reporter For Cnbc.Com. | ) www.nbcnews.com time to read: +4 min

LONDON — U.S. pharmaceutical giant Eli Lilly is exploring whether obesity drugs could be used to curb joblessness after signing a major investment deal with the U.K. The weight-loss treatment firm and creator of Zepbound announced Monday that it would commit £279 million ($364 million) to help tackle Britain’s significant health challenges — including obesity. Within that, the five-year trial, conducted in collaboration with Health Innovation Manchester, will also explore how weight-loss drugs impact “participants’ employment status and sick days from work,” the company said in a news release. The use cases for obesity drugs have been growing over recent months, with several drug regulators expanding GLP-1 drug labels for use in treating obesity-related comorbidities and other illnesses. The company said it anticipates making an additional £279 million of new investment into the U.K. over the coming years.

Persons: Eli Lilly, Zepbound, ”, Rachel Batterham, Wes Streeting, Streeting, “ It’s, ” Streeting, Peter Verdault, “, Dr, Dolly van Tulleken, Eli Lilly’s Organizations: LONDON, U.K, of Health, Social, Department for Science, Innovation, Technology, Labour government’s, Investment, National Health Services, Health Innovation, International Medical, British Health, Social Care, Covid, NHS can’t, CNBC, Citi, MRC, University of Cambridge, BBC Radio, Lilly, Labs Locations: Lilly, British, Europe

☆ Michigan paying $13M after shooter drill terrified psychiatric hospital for kids
▼ + stars: | 2024-10-16 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

DETROIT — A judge has approved a $13 million settlement in a lawsuit over an unannounced active shooter drill at a Michigan psychiatric hospital for children, an event that terrified kids and staff and caused them to scramble for cover, text family and urgently call 911. They were barricading the doors, trying to figure out how to protect the children.”Fifty children at the hospital each will receive roughly $60,000. “The state recognized that this was really a bad decision and harmed a lot of people,” she said of the drill. “We regret that our patients, staff and community were negatively affected by the unfortunate incident in December 2022,” she said. Wagner said the drill was organized by the Hawthorn Center’s safety director, who still works for the state.

Persons: Robin Wagner, ” Wagner, ’ ”, Wagner, ”, James Redford, Lynn Sutfin, “ Organizations: DETROIT, Hawthorn Center, of Health, Human Services, Hawthorn Locations: Michigan, Detroit

Attorneys for Sean “Diddy” Combs filed a motion Tuesday requesting that his accusers in a federal sex trafficking case be publicly identified so he can prepare a proper defense. Sean "Diddy" Combs and his defense lawyer Marc Agnifilo stand before U.S. Magistrate Judge Robyn Tarnofsky after prosecutors brought three criminal charges against him in federal court in Manhattan on Sept. 17. Yesterday alone, anonymous accusers filed an additional six lawsuits,” Tuesday's motion argues. Buzbee announced at an Oct. 1 news conference that he was representing accusers with allegations against Combs — under the Victims of Gender-Motivated Violence Protection Act. The lawsuits name Combs and his various businesses as defendants, and the accusers are seeking unspecified damages.

Persons: Sean “ Diddy ” Combs, Arun Subramanian, Combs, Sean, Diddy, Marc Agnifilo, Robyn Tarnofsky, Jane Rosenberg, Casandra, Cassie, Ventura, “, Tony Buzbee, Buzbee, “ We’re, ” Buzbee, Subramanian Organizations: Combs ’, U.S . Department of Homeland Security, CNN, Buzbee, of, NBC News Locations: Manhattan, Los Angeles, Texas, Southern, of New York

A Georgia judge on Tuesday blocked a new rule from the state's election board that would have required counties to count ballots cast on Election Day by hand, a provision critics had said would cause delays and disruptions in reporting results in the battleground state. He has repeatedly praised the three board members who passed the measure, saying they’re “pit bulls fighting for honesty, transparency and victory.”The three members are Janice Johnston, Rick Jeffares and Janelle King. Brian Kemp and the state Democratic Party. In August, the same Georgia board members passed other new rules that would allow county election board members to conduct “reasonable” inquiries before they certify results. Tuesday's temporary injunction also came after McBurney handed Trump allies another defeat, ruling that county election boards in Georgia are not allowed to refuse to certify election results.

Persons: Robert McBurney, —, who’ve, Donald Trump, Kamala Harris ’, they’re, ”, Janice Johnston, Rick Jeffares, Janelle King, Johnson, Jeffares, King, Brian Kemp, McBurney Organizations: Democrats, Democratic National Committee, Democratic Party of Georgia, Republican Party, Republican, GOP, Georgia GOP Gov, Democratic Party, Democratic, Trump Locations: Georgia, Fulton County

☆ Robert Telles: Former Las Vegas-area Democratic politician gets minimum 28 years for killing reporter
▼ + stars: | 2024-10-16 | by ( Associated Press | ) edition.cnn.com time to read: +6 min

Standing in shackles before the judge on Wednesday, Telles offered “deepest condolences” to German’s family but again denied responsibility for the reporter’s death. “But I did not kill Mr. German.”Prosecutor Pamela Weckerly told the judge that evidence showed Telles killed German because “he didn’t like what Mr. German had written about him. Prosecutor Christopher Hamner told the jury that Telles blamed German for destroying his career, ruining his reputation and threatening his marriage. Telles told the jury he took a walk and went to a gym at the time German was killed. “Although the jailing of Telles cannot undo Jeff German’s murder, it can act as an important deterrent to would-be assailants of journalists.”

Persons: Robert Telles, “, ”, Steve Wolfson, Telles, Jeff German, Pamela Weckerly, Robert Draskovich, Draskovich, ” Draskovich, Wolfson, ” Weckerly, Christopher Hamner, Telles ’, German’s, Michelle Leavitt, ” Katherine Jacobsen, Jeff German’s Organizations: Las Vegas AP, Democratic, Las Vegas, Public, Police, Authorities, ” Prosecutors, Protect Journalists, Associated Press Locations: Las Vegas, Nevada, ” Clark County, Clark, Telles, Clark County, U.S, New York, Canada, Caribbean

☆ Russia defense chief touts ‘common understanding’ with China in Beijing talks
▼ + stars: | 2024-10-16 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +4 min

Their task is to “strengthen and develop” their strategic partnership, the Russian defense chief added. Russia and China have been bolstering their security coordination in the face of shared frictions with the West. Belousov also held talks a day earlier with Chinese Defense Minister Dong Jun, who ranks below Zhang in China’s military hierarchy. Belousov’s arrival in Beijing Monday coincided with China’s military flying a record number of fighter jets and other warplanes around Taiwan during large-scale military drills. China said the drills were intended as a “stern warning” to what it described as pro-independence forces in Taiwan.

Persons: that’s, Andrey Belousov, Zhang Youxia, Xi Jinping, That’s, Zhang, Xi, Vladimir Putin, Belousov, Dong Jun, Andrei Belousov, Wang Yi, Putin, Lai Ching Organizations: Hong Kong CNN, US, China’s, Military Commission, Tass, China’s Defense Ministry, Chinese Defense, Russia's Defense, China's, Russian Defence Ministry, Reuters China’s Ministry of Foreign Affairs, Canadian Locations: China, Hong Kong, Beijing, Russia, Washington, Russian, Kazan, BRICS, Moscow, Ukraine, Ocean, Alaska –, South China, Taiwan

☆ Special counsel says obstruction charge against Donald Trump in January 6 case should stand
▼ + stars: | 2024-10-16 | by ( Holmes Lybrand | Hannah Rabinowitz | ) edition.cnn.com time to read: +2 min

CNN —Special counsel Jack Smith told a federal judge on Wednesday that the Supreme Court’s decision limiting some obstruction charges against those who stormed the US Capitol on January 6, 2021, should not apply to Donald Trump in the election subversion case against the former president. One primary reason the obstruction charge against Trump should stand, prosecutors argue, is that – unlike in the case involving a rioter that was before the Supreme Court – Trump is directly accused of creating false evidence though the plot to insert fake electors in the certification process. Trump is arguing the ruling should result in Judge Tanya Chutkan throwing out the case against him. “The defendant’s supplement ignores entirely that the superseding indictment includes allegations that involve the creation of false evidence,” prosecutors wrote Wednesday, namely, “the fraudulent electoral certificates.”Smith also urged the judge to ignore Trump’s claims of presidential immunity, calling them “deeply flawed” and “irrelevant” to the issue at hand and should wait to be argued in separate filings. Trump has been charged with multiple counts related to his alleged efforts to overturn the 2020 election results, including conspiracy to defraud the United States and obstruction.

Persons: Jack Smith, Donald Trump, – Trump, Mike Pence, Trump, Tanya Chutkan, ” Smith Organizations: CNN, Capitol, Trump Locations: United States

☆ North Korea sending military officials to help Russia in Ukraine is a massive boost for Kim Jong Un
▼ + stars: | 2024-10-16 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +8 min

North Korea got a good deal by sending its officials to help Russia's Ukraine war, experts said. In a discussion on Monday, Ukrainian President Volodymyr Zelenskyy said: "North Korea has, in fact, entered the war," per state-run outlet United24 Media. Even limited numbers of North Korean officials aiding Russia offers a vital boost for Kim Jong Un and his regime, experts told Business Insider. "It's a win-win situation," Joseph S. Bermudez Jr., a North Korea defense expert at the Center for Strategic and International Studies, said. Among the North Korean elite, there's also a hunger for consumer goods, which Russia's support can help to provide, Bennett said.

Persons: —, Kim Jong Un, Volodymyr Zelenskyy, Kim, Joseph S, Bermudez Jr, He's, Bruce W, Bennett, Bermudez, they're, there's, Vladimir Putin Organizations: Service, Business, United24, Washington Post, Kremlin, North, Russia, Center for Strategic, International Studies, RAND, North Korean, Carnegie Endowment, International, Foreign Relations Locations: Korea, Ukraine, Russia, Ukrainian, North Korea, North Koreans, Koreans, Kyiv, Pyongyang, Moscow

However, if you want the convenience of a cordless vacuum with suction that rivals the best vacuum cleaners, the LG CordZero All-in-One Auto-Empty Cordless Vacuum is a worthwhile splurge. LG CordZero All in One Cordless Stick Vacuum The LG CordZero All-in-One is a powerful cleaning tool that comes with a variety of handy attachments, including a self-emptying base and mopping attachment. Weighing about seven pounds, it's not the lightest model I've ever used, but this cordless vacuum is one of the most well-balanced. Camryn Rabideau/Business InsiderI tested the LG CordZero All-in-One Vacuum at my home for more than two months, and it had its work cut out for it. If you like the idea of a cordless vacuum that can also mop, another option is the Dyson V15s Submarine.

Persons: it's, Camryn, Dyson, that's, Jaclyn Turner, Read, LG CordZero Organizations: Business, LG, Amazon, Shark

☆ Fact check: John Deere says Trump’s story about how he saved US jobs with a tariff threat is fictional
▼ + stars: | 2024-10-16 | by ( Daniel Dale | ) edition.cnn.com time to read: +12 min

Inflation under Trump: Trump repeated his false claim that there was “no inflation” over his four years as president. Inflation under Biden: Trump also falsely claimed, “Biden went two years with no inflation, because he inherited from me. South Korea’s payments for the US military presence: Trump repeated his false claim that before his presidency, South Korea paid “nothing” for the US military presence there. He claimed that when he started trying to get South Korea to pay, the country responded, “We will not. The Congressional Research Service wrote in a 2023 report: “In the past, South Korea generally paid for 40%-50% (over $800 million annually) of the total non-personnel costs of maintaining the U.S. troop presence in South Korea.”US troops in South Korea: Trump falsely claimed, as he has before, that the US has “40,000 troops” in South Korea.

Persons: Washington CNN —, Donald Trump, Trump, John Deere, they’re, John Micklethwait, Harris, Kamala Harris, –, Biden, “, “ Biden, don’t, ”, didn’t, Trump, Barack Obama, Obama, Nobody, Joe Biden, haven’t, Biden’s Organizations: Washington CNN, Wall Street Journal, Bloomberg, CNN, Republican, Economic, of, Bloomberg News, Biden, Capitol, Trump, The Justice Department, FBI, Trade, European Union, “, EU, US, European, NATO, ”, Nord, ISIS, South, Congressional Research Service, Pentagon, Department of Defense Locations: Mexico, United States, of Chicago, Washington, DC, Biden’s, China, Canada, Japan, European Union, Venezuela, Russian, Germany, Nord, ”, South Korea, Korea, Trump , South Korea, South

☆ Stock futures are little changed after Dow closes at another record high: Live updates
▼ + stars: | 2024-10-16 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

NEW YORK, NEW YORK - OCTOBER 16: Traders and others work on the New York Stock Exchange (NYSE) floor in New York City. U.S. stock futures hovered near the flatline Wednesday evening after the Dow Jones Industrial Average closed at a record for the second time this week. Futures tied to the S&P 500 and Nasdaq 100 futures fell around 0.1% each. The S&P 500 rose 0.47%, while the tech-heavy Nasdaq Composite added 0.28%. On the economic front, traders will be looking toward weekly jobless claims and September's retail sales due on Thursday.

Persons: Adam Crisafulli, It's, Morgan Stanley, Blackstone Organizations: NEW, Traders, New York Stock Exchange, Dow Jones, Dow, Nasdaq, Alcoa, Transport, CSX, Vital Knowledge, Travelers, Elevance, T Bank, Truist Locations: New York City . U.S

☆ At Univision town hall, Trump refuses to back off false claims about Haitian migrants eating pets in Ohio
▼ + stars: | 2024-10-16 | by ( Gregory Krieg | Kate Sullivan | ) edition.cnn.com time to read: +4 min

CNN —Former President Donald Trump on Wednesday repeated his false claim that Haitian migrants in Springfield, Ohio, are eating their neighbors’ pets, using a town hall with undecided Latino voters to prop up misinformation that has been rejected by local and statewide leaders from both parties. Trump has made inroads with Hispanic voters, but Vice President Kamala Harris still has an advantage – albeit slimmer than Joe Biden’s in 2020 – with that demographic. The former president on Wednesday largely ignored the detailed questions from the audience, frequently pivoting to attacks on undocumented immigrants. Trump did not respond directly, but – after acknowledging he’s never been to the city – said he is planning a visit. “We had the strongest border we’ve ever had in the history, recorded history of our country,” Trump said when questioned about his border plan.

Persons: Donald Trump, Trump, ”, ” Trump, –, they’re, Enrique Acevedo, Kamala Harris, Joe Biden’s, Harris, Ohio Sen, JD Vance, Mike DeWine, “, he’s, “ I’m, Oklahoma Sen, James Lankford Organizations: CNN, Univision, National Association of Black Journalists, Republican, City, Capitol, Oklahoma, Democrats, Republican Party, Trump Locations: Springfield , Ohio, Springfield, Florida, Mexican, Mexico

☆ Fox News did not disclose its all-women town hall with Trump was packed with his supporters
▼ + stars: | 2024-10-16 | by ( Hadas Gold | Liam Reilly | ) edition.cnn.com time to read: +4 min

New York CNN —Fox News hosted an all-women town hall with former President Donald Trump, billed as an opportunity for female voters to ask the Republican candidate questions that matter to them. The Georgia town hall, where Trump took questions on reproductive laws, transgender rights and other issues, aired Wednesday morning. Some of the town hall attendees made it clear they were supporters of the former president, either in their questioning or in their attire. During another moment missing from Fox’s broadcast, Trump asked the crowd who they were voting for, leading to a chant of “Trump, Trump” breaking out by the attendees. According to CNN’s fact check of the event, Trump made at least 19 false claims in the one-hour town hall.

Persons: Donald Trump, Trump, ”, Harris Faulkner, Lisa, Alicia, “, “ Trump, Joe Biden “, Kamala Harris “, Rachel, Faulkner, Harris, ” Rachel, Sandra Smith, I’m Organizations: New, New York CNN — Fox News, Fox, Republican, Trump, The Georgia Federation of Republican Women, CNN, Fox News, Fulton County Republican Women, Facebook Locations: New York, Georgia, Forsyth County, Fulton

☆ Civil suits against Sean ‘Diddy’ Combs are mounting. This could be bad for his criminal case, experts say
▼ + stars: | 2024-10-16 | by ( Elizabeth Wagmeister | ) edition.cnn.com time to read: +7 min

Federal prosecutors have accused Combs of orchestrating a “criminal enterprise” through his business empire that engaged in sex trafficking, forced labor, kidnapping and decades of physical abuse against women, among other allegations. In the month since Combs was arrested, eight additional civil lawsuits have been filed against him with allegations of sexual assault. A source familiar with parts of the federal investigation said that new accusers and witnesses have met with federal agents since Combs’ arrest. Video Ad Feedback Federal prosecutors discuss the arrest of Sean "Diddy" Combs. Combs’ attorneys did not respond to specific allegations in the latest lawsuits, but denied the accusations, telling CNN that Combs maintains his innocence.

Persons: Sean “ Diddy ” Combs, “, Combs, Arun Subramanian, ”, didn’t, Jennie Wang VonCannon, ” Wang VonCannon, Crowell, Damian Williams, Emily Johnson, Sean, Diddy, Tony Buzbee, Cassie Ventura, Ventura, Buzbee, San, Andrew Van Arsdale, Mr, Frazer Harrison, Wang VonCannon, CNN’s Kara Scannell Organizations: CNN, US, Southern, of, Department of Homeland Security, Hamptons, Getty Locations: Brooklyn, Houston, San Diego

☆ SpaceX sues California regulator, claiming launches blocked due to Elon Musk’s politics
▼ + stars: | 2024-10-16 | by ( Clare Duffy | ) edition.cnn.com time to read: +4 min

New York CNN —Elon Musk’s SpaceX has accused a California regulator of political discrimination after it voted to block the rocket company from conducting more launches on the state’s central coast. SpaceX also conducts commercial launches from the base to deliver its Starlink satellites into orbit. But the California Coastal Commission opposed the plan. At the meeting, commissioners “raised other concerns wholly unrelated to coastal effects,” SpaceX alleged in the complaint, filed in California Central District Court. Joshua Smith, public information officer for the California Coastal Commission, told CNN the agency declined to comment on the lawsuit.

Persons: New York CNN — Elon, “, Mike, Wilson, ‘, Musk, ’, Gretchen Newsom, Newsom, Gavin Newsom, Donald Trump, Hurricane Helene, Joe Biden, Kamala Harris, Biden, Kamala, ”, Joshua Smith Organizations: New, New York CNN, SpaceX, California Coastal, US Air Force, US Space Force, NASA, Vandenberg Space Force Base, California Coastal Commission, Court, US Justice Department, “, FEMA, ”, California Gov, CNN Locations: New York, California, Santa Barbara , California

☆ An incoming 'M&A supercycle' wouldn't just be a win for dealmakers
▼ + stars: | 2024-10-16 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, Goldman Sachs' earnings result might be a sign of the long-awaited return of M&A . The big storyM&A for allWin McNamee/Getty ImagesDon't look now, but M&A might finally be coming back. Goldman Sachs, Wall Street's perennial M&A king, smashed analysts' third-quarter expectations , notching $3 billion in profits. One analyst took things a step further, floating the idea of an "M&A supercycle" once the money that's been sitting on the sidelines finally gets put to work.

Persons: —, Goldman Sachs, Win McNamee, Insider's Reed Alexander, David Solomon, that's, Jenny Chang, Rodriguez, Mariana Bazo, Tyler Le, TSMC, Biden, Donald Trump, Elon Musk, TK, Alex Brandon Elon Musk, Kamala Harris, Alain Tascan, Jeet Shroff, Shroff, Morgan Stanley, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi Organizations: Business, Service, LaGuardia Airport, Getty, BI, Monetary Fund, Chartered, Apple, Bloomberg, Google, Trump, PAC, America PAC, AP, Trump PAC, Epic, Discover Financial Services Locations: Midtown Manhattan, China, lockstep, New York, London

☆ Retail spending report could show consumers still pouring money into the economy
▼ + stars: | 2024-10-16 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Consumer spending was expected to hold strong in September, possibly even more than forecast and enough to throw another wrinkle into the Federal Reserve's thought process. "If retail sales accelerate considerably, in our view, the narrative may shift further toward 'no landing' or even re-acceleration." "Monthly retail sales data can be volatile. For now, Bhave thinks a strong sales report will "probably not … at least, not yet" hit Fed policy. At the same time the retail report drops, the Labor Department will issue its weekly reading on initial unemployment claims.

Persons: Dow Jones, Aditya Bhave, Bhave, Hurricanes Helene, Milton Organizations: Bank of America, Fed, Labor Department, Hurricanes, Boeing Locations: Michigan

☆ Gold ticks up as Treasury yields slip; U.S. retail sales data in focus
▼ + stars: | 2024-10-16 | by ( ) www.cnbc.com time to read: +2 min

Gold prices inched higher on Wednesday, as U.S. Treasury yields eased, while market participants waited for more U.S. economic data to determine the number of interest rate cuts the Federal Reserve is likely to deliver in the near term. Spot gold rose 0.3% to $2,667.97 per ounce by 0217 GMT, $17 shy of a record high hit last month. The 10-year Treasury yields slipped for a third straight session, making zero-yield bullion more appealing. "The game changer in gold prices is the U.S. monetary policy easing as it sets the stage for investment demand," said ANZ commodity strategist Soni Kumari. Delegates to the London Bullion Market Association's annual gathering predicted gold prices would rise to $2,941 over the next 12 months and silver prices would jump to $45 per ounce.

Persons: Soni Kumari, Mary Daly, Raphael Bostic, Benjamin Netanyahu, Emmanuel Macron Organizations: SA, Treasury, Federal Reserve, ANZ, San Francisco Federal Reserve Bank, Atlanta Fed, London Locations: Budapest, Hungary, U.S, rearming

☆ Harris faces historic challenge in running as a sitting VP: From the Politics Desk
▼ + stars: | 2024-10-15 | by ( The Politics Desk | ) www.nbcnews.com time to read: +13 min

In today’s edition, national political correspondent Steve Kornacki breaks down the historical challenges Kamala Harris faces running for president as a sitting VP. Harris faces historic challenge in running as a sitting VPBy Steve KornackiKamala Harris is the third presidential nominee in the last half-century to run as a sitting vice president. Measures like more Secret Service agents and bulletproof glass are now common on the campaign trail. Read more → 🔑 It all comes down to yinz: The Harris campaign believes its path to winning all-important Pennsylvania runs through the suburbs. Read more →The Harris campaign believes its path to winning all-important Pennsylvania runs through the suburbs.

Persons: Steve Kornacki, Kamala Harris, Michelle Obama hasn't, Harris, Hakeem Jeffries, Steve Kornacki Kamala Harris, Joe Biden’s, it’s, Biden, Donald Trump, Trump’s, VPs, Al Gore, George H.W, George H.W . Bush, Bill Clinton, Ronald Reagan, “, ”, ” Reagan, Bush, Michael Dukakis, Gore, Clinton, Hubert Humphrey, Lyndon Johnson, Johnson, Humphrey, Republican Richard Nixon —, they’d, Michelle Obama, Monica Alba, Carol E, Lee, Kristen Welker Barack Obama, Trump, ” Michelle Obama, Ali Vitali, Kyle Stewart ALBUQUERQUE, Democrats haven’t, “ we’ve, ” Jeffries, Jeffries, Nancy Pelosi speakership, Kevin McCarthy, Mike Johnson, ️, abou, l, ord, O Organizations: NBC, White House, Capitol, Democratic, White, ABC, Democratic Party, Republican, Biden, Democratic National Convention, Service, Democrats, NBC News, GOP, Republicans, aig Locations: George H.W ., midstream, Vietnam, N.M, D, Jeffries, New York, California

Nearly two dozen family members will hold a news conference outside the Clara Shortridge Foltz Criminal Justice Center in downtown L.A. at 1 p.m. PT Wednesday. It was not clear whether Gascón, a progressive who is running for re-election, plans to appear outside the courthouse. The Menendez brothers are “cautiously optimistic” about the prosecutors’ review, Geragos told NBC Los Angeles on Tuesday. Erik and Lyle Menendez were found guilty 28 years ago and sentenced to life in prison without parole. The family members slated to speak at Wednesday’s news conference include Anamaria Baralt, niece of José Menendez; Joan Anderson VanderMolen, sister of Kitty Menendez; Karen VanderMolen, niece of Kitty Menendez; and Brian A. Anderson Jr., nephew of Kitty Menendez.

Persons: Erik, Lyle Menendez’s, Clara Shortridge Foltz, Mark Geragos, Rosie O’Donnell, George Gascón, José, Mary Louise “ Kitty ” Menendez, Menendez, Geragos, Lyle Menendez, Lyle, Erik Menendez, Ryan Murphy, Anamaria Baralt, José Menendez, Joan Anderson VanderMolen, Kitty Menendez, Karen VanderMolen, Brian A, Anderson Jr, O’Donnell, Kim Kardashian, “, ”, Gascón, Nathan Hochman, Laurie Levenson, ” Levenson Organizations: Clara Shortridge Foltz Criminal, Center, PT, NBC Los, Beverly, Netflix, NBC, Loyola Law School Locations: Los, L.A, Angeles County, NBC Los Angeles

☆ Arizona lawyers keep distance from GOP's 'election integrity' operation amid concern over Kari Lake's fraud claims
▼ + stars: | 2024-10-15 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | Vaughn Hillyard | ) www.nbcnews.com time to read: +7 min

Earlier this month, Kory Langhofer resigned as the chief legal counsel for former President Donald Trump's and the Republican National Committee’s “election integrity” operation in Arizona. “There’s just a perception that [Republican lawyers] are not doing enough proactively,” a second lawyer said about staving off supposed fraud. “Is it possible we are all being gaslit by the @gop regarding a fake ‘Election Integrity’ program that doesn’t actually exist?” Wren wrote in the post. Harmeet Dhillon, attorney and member of the Republican National Committee, will oversee the GOP's legal efforts around the election in Arizona. “We are full steam ahead in our unprecedented dedication to Election Integrity,” she added.

Persons: Kari Lake’s, Kory Langhofer, Donald Trump's, Langhofer, ” “ Kari, ”, “ There’s, staving, Trump, Harmeet Dhillon, Dhillon doesn’t, “, Lake’s, Caroline Wren, Wren, onboarded Dhillon, Dhillon, Kyle Grillot, Gina Swoboda, Swoboda, Kari Lake, Bryan Blehm, Stephen Richer, Richer, Adrian Fontes, — Organizations: Republican National, White, Trump, NBC News, Arizona Republican, GOP, Republican, RNC, Lake, Republican National Committee, Bloomberg, Getty, Arizona Republican Party, NBC, Arizona Republicans, Arizona Supreme Court, Arizona voters, ’, ”, Democratic Locations: PRESCOTT, Ariz, Arizona, —, California, ”, Maricopa County, An Arizona

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