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Atlanta police on Tuesday continued to search for two robbers captured on video dropping into a check cashing store from the ceiling and grabbing stacks of cash from a safe. The images appear to be taken from the security video. The department also released some of that morning's video, captured from inside the store as its ceiling was breached and including the robbers' exit. A robber falls through the ceiling of a check cashing business in southwest Atlanta on Sept. 3. They fled out the rear portal, and video captured a woman walking by just after the door was opened.
Persons: Teyoka Glenn, Glenn, It's, Martin Luther King Jr Organizations: Atlanta, Police, Atlanta Police Department, Atlanta Police, city's Connect Locations: Atlanta, city's Connect Atlanta
Republican House Speaker Mike Johnson on Wednesday said former President Donald Trump could pay for his presidential campaign's economic proposals by rolling back corporate regulation and expanding tax cuts to stimulate growth. "If you get Republican leadership in the White House, the Senate and the House, unified government, we will put this thing on turbo. Trump has proposed making his 2017 tax cuts permanent and further lowering the corporate tax rate, as well as wholly eliminating federal income taxes on worker tips, overtime pay and Social Security benefits. That figure did not include Trump's Sept. 12 proposal to exempt overtime pay from federal income taxes. A tax exemption for all hours worked over 40 hours per week would cost an estimated $1.3 trillion over 10 years.
Persons: Mike Johnson, Donald Trump, Trump Organizations: Senate, Social Security, Penn Wharton Budget Model, Yale Budget, Republican Locations: Louisiana
U.S. stock futures rose Wednesday night as traders digested the Federal Reserve's earlier decision to lower interest rates by a half percentage point. Dow Jones Industrial Average futures rose 100 points, or 0.2%. Futures tied to the S&P 500 and Nasdaq 100 climbed 0.4% and 0.5%, respectively. Both the S&P 500 and 30-stock Dow initially rallied to new record highs right after the Fed announced its interest rate cut decision. "The market was thinking to itself, if you go 50, another 50 has a high likelihood.
Persons: Tom Porcelli, that's, he's, Porcelli, homebuilder Lennar Organizations: New York Stock Exchange, Federal, Dow Jones Industrial, Nasdaq, Fed, Dow, Darden, FedEx, homebuilder, Traders Locations: U.S
The International Brotherhood of Teamsters on Wednesday announced it will not formally endorse a candidate in the 2024 presidential election, ending months of speculation about whether the labor union would back Republican Donald Trump or Democrat Kamala Harris. With 1.3 million members, the Teamsters union is one of the largest labor groups in the country. "As the strongest and most democratic labor union in America, it was vital for our members to drive this endorsement process. In a national survey of Teamsters members conducted after the Sept. 10 presidential debate, union members overwhelmingly backed Trump over Harris, 58% to 31%, according to results published by the union ahead of its formal endorsement. "'Right to work' laws only exist to try to kill labor unions," Teamsters General Secretary-Treasurer Fred Zuckerman said in the statement.
Persons: Sean O'Brien, Republican Donald Trump, Kamala Harris, Harris, O'Brien, it's, Trump, Joe Biden, Biden, Fred Zuckerman, O'Brien —, Lauren Hitt Organizations: International Brotherhood of Teamsters, UPS Teamsters, UPS, Brotherhood of Teamsters, Wednesday, Republican, Trump, Teamsters, Big, Democratic, Republican National Convention, Republicans, Independents, International Union, Railway Labor, Union, Democratic National Convention, RNC, CNBC, New York City Locations: Brooklyn , New York, America, New York
India's Prime Minister Narendra Modi shakes hands with former U.S. President Donald Trump before a meeting at Hyderabad House in New Delhi on February 25, 2020. Republican nominee Donald Trump said Tuesday that he will meet Indian Prime Minister Narendra Modi next week. I mean, fantastic, man," Trump said at at town hall in Flint, Michigan. As president, Trump visited India in 2020, vowing to boost trade ties between the two countries. The Indian prime minister is also slated to attend and speak before the United Nations General Assembly in New York.
Persons: Narendra Modi, Donald Trump, Trump, Modi, Joe Biden Organizations: India's, U.S, Republican, Indian, Indian Embassy, CNBC, United Nations General Assembly Locations: Hyderabad, New Delhi, India, Flint , Michigan, Washington, U.S, China, Wilmington , Delaware, New York
Gold is already near the top of the 2024 range of outcomes projected by BlackRock Investment Institute, for example. Emerging market central banks have about 6% of their FX reserves in gold, and developed markets have about 12%. "Weaponizing dollar-based systems, including SWIFT , has led to more people, more countries specifically — more sovereign wealth funds and central banks — not trusting dollar-based assets as much. ETF flows As central banks have been bidding up gold, smaller investors were selling for much of this year. The VanEck Merk Gold ETF (OUNZ) and the Abrdn Physical Gold Shares ETF (SGOL) are the other funds with at least $100 million in net inflows this year, according to FactSet.
Persons: there's, Robert Minter, Minter, SWIFT, Lauren Goodwin, we're, Chris Verrone Organizations: Federal, Nasdaq, BlackRock Investment Institute, Abrdn, World Gold Council, U.S ., FX, United, Russia, New York Life Investments, MiniShares, Federal Reserve Locations: U.S, Abrdn . Central, Central, United States, Ukraine
And yet an unusual air of uncertainty overhangs this week's meeting: It’s unclear just how large the Fed’s rate cut will be. Wall Street traders and some economists foresee a growing likelihood that the central bank will announce a larger-than-usual half-point cut. Many analysts foresee a more typical quarter-point rate cut. This week's move is expected to be only the first in a series of Fed rate cuts that will extend into 2025. Over time, Fed rate cuts should lower borrowing costs for mortgages, auto loans and credit cards, as well as for business loans.
Persons: Donald Trump's, Kamala Harris, Jerome Powell, , Powell, Jackson, Freddie Mac Organizations: WASHINGTON, , Federal Reserve, Wall Street, Companies, Associated Press Locations: Jackson Hole , Wyoming
The WNBA is adding its 15th team in Portland, the third new franchise as part of its most recent expansion, the league announced Wednesday. The Portland team will play in the Moda Center, the same arena as the NBA's Portland Trailblazers. Portland has had a WNBA team before, but it shut down after a few years in 2002. The addition of the new Portland team underscores booming growth for both the WNBA and women's sports in general. The 2024 WNBA season has seen record numbers for both in-person attendance and viewership, according to data from the WNBA for the start of the season.
Persons: Lisa Bhathal Merage, Cathy Engelbert, A'ja Wilson, Caitlin Clark, Angel Reese Organizations: Portland, RAJ Sports, WNBA, Moda Center, Women's Soccer League, Thorns, Sacramento Kings, Delta Air Lines Locations: Portland, Toronto
Shares of Trump Media closed Wednesday at a new post-merger low, on the eve of the expiration of "lockup" restrictions that have barred the Truth Social owners' insiders, like majority shareholder Donald Trump, from selling their stakes. Trump Media stock fell 3.22% on relatively light trading, to close at $15.62 a share. Trump Media made its market debut on the Nasdaq in late March, after a merger with a special purpose acquisition company. For Trump Media, the lockup period expires on Thursday. ARC Global currently holds a %4.77 stake in Trump Media, which it would likely be free to sell once the lockup expires Thursday.
Persons: Donald Trump, Trump Organizations: Trump National Golf Club, Trump Media, Nasdaq, Republican, Forbes, ARC, ARC Global, attempt.Trump Media Locations: Rancho Palos Verdes , California, Delaware
In this article AAPL Follow your favorite stocks CREATE FREE ACCOUNTiPhone 16 Pro Apple Inc.Apple's iPhone 16 family of phones will hit shelves on Friday. Ahead of their launch, I've spent the past five days been testing the high-end iPhone 16 Pro Max. Here's what you need to know about the new iPhone 16 Pro Max, as of now. The iPhone 16 Pro Max has the best battery life of any iPhone yet. Apple Intelligence photos Apple Inc.Another Apple Intelligence feature can help you create movie memories, which are little snippets of photos and videos set to music.
Persons: I've, Max, It's, it's, Siri, Ming, Chi Kuo, I'm, MagSafe, They're, Tim Cook, what's, Jiang Jiaqiang, There's, Siri doesn't, Steve Jobs, Manuel Orbegozo Organizations: Apple Inc, Apple, Apple Intelligence, TF Securities, Barclays, Apple Intelligence Apple Intelligence, Steve, Reuters Locations: Apple's Mail, Boston, Cupertino , California
Commuters outside the Bank of England (BOE) in the City of London, UK, on Monday, Sept. 16, 2024. The central bank's Monetary Policy Committee's interest rate decision is scheduled for release on Sept. 19. Either way, this would be Fed's first rate cut in the current cycle. Meanwhile, money market pricing for a BOE cut at Thursday's September meeting dipped from 35% late Tuesday to 26% Wednesday morning, still slightly higher than it was last week. The move came after U.K. inflation came in at 2.2% for August, steady on July and in-line with expectations — thus backing the need for a little more caution in Threadneedle Street.
Persons: BOE, , Sanjay Raja, Raja, George Lazarias, Mazars, they're, Lazarias Organizations: Bank of England, City of, Bloomberg, Getty, Federal Reserve, CNBC, Deutsche Bank, Monetary, MPC Locations: City, City of London, China
Oil prices steady, with investors focusing on Fed decision
  + stars: | 2024-09-18 | by ( ) www.cnbc.com   time to read: +2 min
Oil prices steadied on Wednesday, after rising in the previous two sessions, as investors await the U.S. Federal Reserve's anticipated interest rate cut, with the potential for more violence in the Middle East supporting the market. "Markets have calmed down as concerns over hurricane damage and escalating tensions in the Middle East have been factored in," said Mitsuru Muraishi, an analyst at Fujitomi Securities. "Now, investors are focusing on the Fed's rate cuts which could revitalize U.S. fuel demand and weaken the dollar," he said, predicting that oil prices are likely to maintain a bullish tone after Brent hit its lowest since 2021 last week. Traders kept bets the Fed will start an expected series of interest rate cuts with a half-percentage-point move downward on Wednesday, an expectation that may itself put pressure on central bankers to deliver just that. Oil stockpiles rose by 1.96 million barrels in the week ended Sept. 13, according to market sources citing the API figures, but gasoline and distillate stocks both rose by about 2.3 million barrels.
Persons: Hurricane Francine, Mitsuru Muraishi, Brent, Biden Organizations: U.S, U.S . Federal, Brent, Fujitomi Securities, Traders, Strategic Petroleum Reserve, American Petroleum Institute, Reuters, U.S . Energy Locations: U.S ., U.S, Israel, Lebanon, Beirut
The Federal Reserve is expected to make its first cut to interest rates on Wednesday after more than two years of tight monetary policy. That is up from 4.29% during the week of March 11, 2022, just prior to the Fed kicking off its first hike. Home equity loans have also become more expensive, with rates rising to 8.49% as of last week, compared to 5.96% back in March 2022, according to Bankrate. The Fed's tight policy has provided a silver lining to savers, however. The annual percentage yield on a five-year certificate of deposit has jumped to 2.87%, up from 0.5% in March 2022, according to Haver.
Persons: Bankrate, Haver, — Darla Mercado, Nick Wells Organizations: Federal, Mortgage News, Fed
However, investment bank Jefferies is drawing attention to two lesser-known chip stocks that it believes could rise by more than 100%: Aixtron and Ams OSRAM . Looking ahead, analysts at Jefferies pointed to the ongoing recovery in the semiconductor industry, with global chip sales growth accelerating to 18.7% year-over-year in July. Jefferies expects shares of Aixtron to rise by 115% to 35 euros ($38.80) a share over the next 12 months. The stock is also traded in the U.S. AIXXF 1Y line Ams OSRAM Ams OSRAM , an Austrian-German semiconductor company, recently completed the issuance of 200 million euros ($222.73 million) in senior notes, yielding 10.5% in coupon payments to replace other short-term debt due in 2024. The analysts expect shares of Ams OSRAM, listed on the Swiss stock exchange, to rise 179% over the next 12 months to 2.4 Swiss francs ($2.83).
Persons: TSMC, Jensen Huang, Blackwell, Goldman Sachs, Huang, Jefferies, Janardan Menon, Infineon, Aixtron Organizations: Nvidia, ASML, Jefferies, Ams OSRAM, The SOX Semiconductor, Nvidia's, Infineon, IFX, HVP, Ams Locations: Germany, Infineon, Aixtron, U.S, Austrian
Harvey Weinstein hit with new sex crime charge in New York
  + stars: | 2024-09-18 | by ( ) www.cnbc.com   time to read: +2 min
Former film producer Harvey Weinstein appears in court in New York, U.S., September 18, 2024. Harvey Weinstein pleaded not guilty Wednesday to a new sex crime charge in New York, as he awaits retrial in his landmark #MeToo case. Prosecutors revealed last week that Weinstein had been indicted on additional sex crime charges that weren't part of the case that led to his now-overturned 2020 conviction. While bracing for the new charges, Weinstein also is awaiting retrial after New York state's highest court this spring overturned his 2020 conviction on rape and sexual assault charges involving two women. Weinstein, who also was convicted in 2022 in a Los Angeles rape case, remains behind bars while awaiting his New York retrial.
Persons: Harvey Weinstein, Prosecutors, Weinstein, , it's, Judge Curtis Farber, Love Organizations: Prosecutors, New York, Appeals, Bellevue Hospital, Miramax, Weinstein Company Locations: New York, U.S, Tribeca, Manhattan, New, Los Angeles, York, Bellevue, Hollywood
For the second consecutive year, the fast food giant is discounting one of its most popular menu items on National Cheeseburger Day. On Sept. 18 only, customers will be able to buy the chain's famous Double Cheeseburger for 50 cents. The offer is available to customers who use the fast food chain's smartphone app, and is limited to one burger per customer. Users who open the app will be prompted to take advantage of the National Cheeseburger Day promotion, and the discount will be automatically applied at checkout. The offering from the Golden Arches is competing with value combos from rival fast food chains like Taco Bell, Burger King, Wendy's and Popeyes.
Persons: McDonald's, Taco, Burger, Bacon, Burger King Organizations: Taco Bell, CNBC Locations: Wendy's
Workers with picket signs outside the Boeing Co. manufacturing facility during a strike in Everett, Washington, US, on Friday, Sept. 13, 2024. Boeing will temporarily furlough thousands of U.S. executives, managers and other staff, citing the ongoing machinist strike as the company races to preserve cash, CEO Kelly Ortberg told employees on Wednesday. The furloughs will affect tens of thousands of Boeing employees, a company spokesperson said. Boeing had offered a 25% raise and the union endorsed the tentative contract. Boeing's CFO Brian West earlier this week said the company would freeze hiring and raises to cut costs, and would let "non-essential contractors" go temporarily.
Persons: Kelly Ortberg, Ortberg, Brian West, West Organizations: Boeing Co, Boeing, CNBC Locations: Everett , Washington, US, Seattle, Oregon, South Carolina
The Federal Reserve is poised to make its first interest rate cut in years on Wednesday. While mortgage rates are partly influenced by the Fed's policy, they are also tied to Treasury yields and the economy. Home loan rates have already started to come down in recent weeks, slightly induced in part by favorable economic data and indications the Fed could cut rates. As of Thursday, Sept. 12, the average 30-year fixed rate mortgage in the U.S. was 6.20%, according to Freddie Mac data via the Fed. "It's almost impossible to figure out what mortgage rates are going to do from week to week or month to month," Ostrowski said.
Persons: Chen Zhao, Freddie Mac, Jeff Ostrowski, Ostrowski Organizations: Federal, CNBC, Treasury, Finance Locations: Redfin, U.S
One out of 4 of the 31,000 homeowners in the coastal parish live there without homeowners insurance — one of the highest percentages in the United States. Across the country, 13.4% of homeowners — about 1 in 8 — are unprotected by homeowners insurance, according to an NBC News analysis of new Census Bureau data. It’s a double-edged sword.”The Census Bureau data shows how many homeowners pay less than $100 — or nothing at all — for homeowners insurance. According to the Census Bureau survey, which was taken in 2023, 20.8% of homeowners without mortgages also lack meaningful homeowners insurance. Among mortgage-holders, 8.5% don’t have meaningful homeowners insurance — and while banks require owners with mortgages to have homeowners insurance, gaps in coverage do happen.
Persons: Hurricane Francine, , , Shannon Martin, you’re, Martin, ” Martin, Mark Friedlander, ” Friedlander, There’s, Daryl Fairweather, Redfin’s, ” Fairweather Organizations: NBC, Bankrate, Insurance Information Institute, “ Insurance Locations: Louisiana’s Terrebonne Parish, United States
Vice President Kamala Harris on Tuesday ripped Donald Trump's repeated bashing of Haitian immigrants in Springfield, Ohio, saying the former president was "spewing lies grounded in tropes." During last week's presidential debate, which was viewed by more than 67 million people, Trump said: “In Springfield, they’re eating the dogs. They’re eating — they’re eating the pets of the people that live there.”Harris said of Trump on Tuesday, "When you have that kind of microphone in front of you, you really ought to understand how much your words have meaning." Law enforcement resources being put into this because of these serious threats," Harris said. "The governor of Ohio came out yesterday and said every single one of those bomb threats was a hoax, and all of those bomb threats came from foreign countries.
Persons: Kamala Harris, Donald Trump's, Harris, it’s, , Trump, Sen, JD Vance, Ohio, ” Harris, Vance, Donald Trump, Mike DeWine, DeWine, Rob Rue, Rue, ” Rue Organizations: National Association of Black Journalists, Trump, Republican, ABC News, Springfield Locations: Springfield , Ohio, Springfield, Michigan, Ohio
Days after returning to Earth, the four civilian crew members of the Polaris Dawn mission opened up about their experience seeing the planet from orbit, floating in weightlessness and conducting the world’s first all-civilian spacewalk. “The perfection of what you’re looking at is just awe-inspiring,” Poteet said, recalling the views of sunrises and sunsets out the window of their SpaceX Crew Dragon capsule. The crew spent two-and-a-half years training for the Polaris Dawn mission, which included choreographing and rehearsing each step of the spacewalk. (The crew members also raised money for St. Jude Children’s Research Hospital during their time in orbit.) He said the larger goal for both SpaceX and the Polaris program is to eventually make humans a multiplanetary species.
Persons: NBC’s Lester Holt, Jared Isaacman, Scott “ Kidd ” Poteet, Sarah Gillis, Anna Menon —, ” Poteet, Lester Holt, Isaacman, ” Isaacman, , Gillis, “ It’s, , Poteet, Menon, choreographing, Jude Children’s, Van Allen Organizations: Polaris, NBC, Air Force, SpaceX, St, Jude Children’s Research Hospital Locations: Gulf of Mexico, Florida
The Miami Dolphins will place quarterback Tua Tagovailoa on injured reserve, sidelining him for at least four weeks, the team announced Tuesday. Tagovailoa suffered a concussion during the Dolphins’ 31-10 loss to the Buffalo Bills in Week 2. This is at least the third concussion Tagovailoa has sustained during his time in the NFL. The concussion Tagovailoa suffered in Week 16 was not diagnosed until the day after the game. A member of the Miami Dolphins training staff attends to Tua Tagovailoa after he suffered a concussion on Sept. 12.
Persons: Tua Tagovailoa, Tagovailoa, Damar Hamlin, Jasen, Imagn, Tyler Huntley ., Skylar Thompson Organizations: Miami Dolphins, Dolphins, Buffalo Bills, Bills, NFL, Miami, Imagn Miami, Baltimore Ravens, Seattle Seahawks
The vote was 51-44, falling short of the 60 needed to break a filibuster, with Republican Sens. Lisa Murkowski of Alaska and Susan Collins of Maine again voting with Democrats in favor of the bill. Senate Minority Whip John Thune, R-S.D., dismissed it as “another show vote” and vowed that “Republicans support IVF, full stop.”“This is not an attempt to make law. She predicted that Democrats would “lift the filibuster” to get around the 60-vote requirement, which would require 50 senators to vote to change the rules. Katie Britt, R-Ala., and Ted Cruz, R-Texas, that would cut off Medicaid funding for states if they prohibit IVF.
Persons: Kamala Harris, Chuck Schumer, Donald Trump, Harris, Republican Sens, Lisa Murkowski, Susan Collins of, Doug Mills, New York Times Harris, Donald Trump’s, ” Trump, John Thune, , ” Thune, ” Sen, Tammy Duckworth, Duckworth, ” Duckworth, Sen, JD Vance, Schumer, Trump, Vance, ” Vance, Taylor Van Kirk, Sens, Katie Britt, Ted Cruz Organizations: WASHINGTON, Republican, New York Times, Democratic, ABC, Congress, Alabama, NBC News, Republicans Locations: Alaska, Susan Collins of Maine, Philadelphia, Alabama, R, Ohio, Texas
After one of most dramatic “Bachelorette” finales in the reality show’s history, lead Jenn Tran is getting by with a little help from a friend. Tran said she’s been “leaning” on Johnson, especially after the emotional season ended with Tran proposing to finalist Devin Strader, before it was revealed he had ended the engagement by phone. In front of a studio audience, a tearful Tran explained that Strader began pulling away before breaking off the engagement. Jonathon Johnson and Jenn Tran in Los Angeles on Sept. 13. “With all the support that I’ve been getting from women and men of color, it’s just felt so, so healing.
Persons: Jenn Tran, Tran, who’s, she’s, “ Bachelorette, Jonathan Johnson, Johnson, Devin Strader, “ Jonathan’s, ” Tran, “ I’m, Jonathan, It’s, that’s, , Strader, , Jonathon Johnson, Elyse Jankowski, “ It’s, Jenn, I’ve, James Organizations: NBC News, Locations: Los Angeles, New Jersey, Miami, Hawaii, American
Secret Service chief makes remarkable admission after apparent threat to Trump’s lifeThe U.S. Secret Service needs a "paradigm shift," the agency's acting director said a day after an apparent attempt on Donald Trump's life, the second in two months. Now, Congress is considering boosting Secret Service funding. Read more about what lawmakers had to say about Secret Service funding. The Secret Service has dramatically increased Trump’s security since the July 13 shooting, including more people and more technology. Sean ‘Diddy’ Combs arrested in New YorkSean "Diddy" Combs.
Persons: Donald Trump, Sean “ Diddy ” Combs, Donald Trump's, Ronald Rowe, Ryan Wesley Routh, Routh, Trump, , Rowe, Read, Sen, JD Vance, Elon Musk, , Joe Biden, Kamala Harris, Sean ‘ Diddy ’ Combs, New York Sean, Diddy, Combs, Angela Weiss, Damian Williams, Marc Agnifilo, Andy Jassy, Jassy, Jeff Bezos, Harris, Sandy Hook, Sandy, Melissa Chan, Elizabeth Robinson Organizations: Secret Service, Trump, Service, U.S, Getty, National Hurricane Center, Carolina, National Weather Service, National Association of Black Journalists, Elementary, NBC, Adidas, Target Locations: East, Carolina, U.S, Florida, Routh’s, Iran, New York, North Carolina, Virginia, West Virginia, Maryland, Pennsylvania, Delaware , New Jersey, Southport, Michigan, Wisconsin
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