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☆ You're not 'throwing away money' on rent, says self-made millionaire: 'I've made more renting than I would owning'
▼ + stars: | 2024-08-03 | by ( Mike Winters | ) www.cnbc.com time to read: +2 min

But when you pay rent, "you're not throwing money away," Sethi tells CNBC Make It. When looking at homes as an investment, renters commonly overlook the "phantom costs" of owning a property beyond the monthly mortgage payment. "People say they don't want to throw money away on rent," Sethi says. "I've made more money renting than I would have owning," he says, referring to investments made with money that could have been spent on a down payment and phantom costs for units similar to the ones he rented. Considering that home values have increased by 85% since 2010, many Americans have built wealth by owning a home.

Persons: Ramit Sethi, Rich, Sethi, I've, that's Organizations: CNBC Locations: Los Angeles and New York

☆ Is the Men’s 100 Meters Still a Can’t-Miss Olympic Moment?
▼ + stars: | 2024-08-03 | by ( Scott Cacciola | ) www.nytimes.com time to read: 1 min

Noah Lyles, the brash American with dreams of Olympic gold in Paris, rarely cedes the spotlight. He is, after all, the biggest star in what historically has been track and field’s most high-profile event, the men’s 100-meter dash. The men’s 100 might not even be the premier event in the sport anymore. The men’s 100 is steeped in history. Past winners include some of the most luminous figures in Olympic track history: Jesse Owens.

Persons: Noah Lyles, ” Lyles, Jesse Owens, Carl Lewis, Bob Hayes, Usain Bolt Locations: Paris, London

☆ Activist Anson Funds may have spotted a huge opportunity for value in Five9
▼ + stars: | 2024-08-03 | by ( Kenneth Squire | ) www.cnbc.com time to read: +5 min

Business: Five9 provides intelligent cloud software for contact centers in the United States and internationally. It offers a virtual contact center cloud platform that delivers a suite of applications, which enables the breadth of contact center-related customer service, sales and marketing functions. Five9 is a cloud-based contact center software provider empowering clients with solutions for customer service, sales and marketing. It is a developer and provider of AI contact center solutions that augment or replace human beings often at more than double the price. As an independent company, Five9 has a tremendous opportunity for value.

Persons: Anson, Moez Kassam, Sagar Gupta, InContact, Five9, Mike Burkland, Ken Squire Organizations: Legion Partners, Nice, Five9, 13D Locations: United States

☆ Ukraine pushed Russia's Black Sea Fleet out of Crimea but retaking the peninsula will be incredibly hard
▼ + stars: | 2024-08-03 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +10 min

Read previewUkraine has dealt a massive blow to Russia's Black Sea Fleet in Crimea. Russia has retained control of Crimea since invading and annexing the peninsula in 2014 and secured Sevastopol as the headquarters for its Black Sea Fleet. Related stories"Without an amphibious naval force to land in Crimea, how can Ukraine project enough troops onto the peninsula to claim its control?" Ukraine has resorted to hitting Russia's air defenses in Crimea with missiles and long-range weapons, including US-supplied Army Tactical Missile Systems, known as ATACMS. "Even with F-16s, I don't think Ukraine has the ability to provide its ground forces effective close air support, given Russian air defense capability," he told BI.

Persons: —, steeled, Mark Cancian, who's, Basil Germond, Ulf Mauder, Cancian, Mark Temnycky, Ukraine's, Mikhail Razvozhaev, Temnycky, Benjamin Friedman, VIKTOR KOROTAYEV, Sergej Sumlenny, Sumlenny, Operation Barbarossa, Friedman Organizations: Service, Business, US Marine, Center for Strategic, International Studies, Lancaster University, Getty, Council's Eurasia Center, Ukraine, Army Tactical Missile Systems, The Institute, Defense, Resilience Initiative, Soviet Union's Red Army, Russians, Red Army, Soviet Union —, Soviet Union Locations: Ukraine, Crimea, Russia, Sevastopol, Russian, Kerch, Feodosia, Novorossiysk, Kherson, Ukrainian, Pereko, Suvorikin, Soviet, Soviet Union, Operation, Soviet Ukraine, Pereko —

Tracking Hurricane Debby Leer en españolDebby was a Category 1 hurricane in the Gulf of Mexico late Sunday Eastern time, the National Hurricane Center said in its latest advisory. The hurricane had sustained wind speeds of 75 miles per hour. Debby is the fourth named storm to form in the Atlantic in 2024. In late May, the National Oceanic and Atmospheric Administration predicted that there would be 17 to 25 named storms this year, an above-normal amount. Without El Niño this year, clouds are more likely to tower to the tall heights needed to sustain a powerful cyclone.

Persons: Leer, Debby Organizations: Sunday, National Hurricane Center, Fort Myers, Fort Myers Cedar Key, United States, National Oceanic, Atmospheric Administration, Hurricanes Locations: Gulf of Mexico, Fort Myers Cedar, Fort Myers Cedar Key Tampa, United States

The Republican Party platform, updated last month for the first time since 2016, appeared to shift away from the party’s long-held opposition to same-sex marriage. We will end policies that punish families.”Many took this to mean the party was softening its stance on gay nuptials in a nod to growing public support for same-sex marriage, even among Republicans. The Republican National Committee did not return multiple requests for comment regarding whether the language in the new platform is inclusive of same-sex couples. We must do what is legally necessary to defend the sanctity of marriage.”Weeks later, Bush announced his support for a constitutional amendment banning same-sex marriage. The phrase “sanctity of marriage,” Maril said, is “inherently exclusionary” of same-sex couples.

Persons: ”, Charles Moran, “, ” Moran, Donald Trump, Joe Raedle, Robin Maril, ” Maril, George W, Bush, ” Bush, ” Weeks, Gabriele Magni, Magni, ” Magni, Mladen Antonov, Moran, I’m, “ They’re Organizations: Republican Party, Republican National Committee, Republican, GOP, Republican National Convention, Willamette University, U.S . Conference of Catholic, Los Angeles Times, Loyola Marymount University, Research Initiative, “, U.S, Supreme, Getty, Federal, Republicans, NBC Locations: Milwaukee, Massachusetts, Alabama

While most of TIAA’s clients are current or retired workers at nonprofit organizations, TIAA also offers individual retirement accounts to investors online. They didn’t own enough in-house TIAA products, according to the complaint and a recording of Parkin’s presentation. But in two asset classes, the tool’s recommendations are limited to TIAA products, according to the complaint and internal documents. Morningstar selects asset classes and investments for the TIAA tool from those chosen by a retirement plan fiduciary, it said. Paras Griffin / Getty Images fileThe recent push to increase client usage of TIAA’s advice tool appears to be succeeding.

Persons: Ted Fitzpatrick, Fitzpatrick, TIAA, “, ” Fitzpatrick, ’, Chris Tobe, Craig Parkin, Rajotte, ”, Yale, Craig Warga, TIAA hasn’t, Ted Siedle, “ TIAA, ” Siedle, TIAA’s Parkin, Parkin, Thasunda Brown Duckett, “ Thasunda, ” Parkin, ” TIAA, Adriana Macias, Morningstar, Duckett, Rowe Price, TIAA’s, Paras Griffin, it’s, Steers, ‘ Organizations: SEC, New, Cornell University, University of North Carolina System, TIAA, Vanguard, Fidelity, Systems, Yale, Yale University, Bloomberg, Getty, Brown University and Harvard, NBC News, NBC, Morningstar Investment Management, of, Morningstar, “ Morningstar Investment Management, Bank of New York Mellon, Equitable Holdings, Cohen, Steers, & $ Locations: Milwaukee, TIAA, New York, New Haven, Conn, Chicago, Atlanta

☆ A 'prosecutor' vs. 'weak': The battle intensifies to define Harris
▼ + stars: | 2024-08-02 | by ( Yamiche Alcindor | Yamiche Alcindor Is An Nbc News Washington Correspondent. | ) www.nbcnews.com time to read: +14 min

Harris’ campaign rallies are a clear change from those held by President Joe Biden, the man she is replacing at the top of the Democratic ticket. So hear me when I say: I know Donald Trump’s type.”But the Trump campaign is rushing to define Harris differently. “She knows this is going to be a very close race,” Julie Chávez Rodríguez, Harris’ campaign manager, said in an interview. Chávez Rodríguez and Harris have been close for nearly a decade, since Chávez Rodríguez first took a job as state director for Harris’ Senate office in 2016. The Harris campaign has launched a website advertising more than five dozen jobs.

Persons: Kamala Harris, Harris ’, Joe Biden, Megan Thee, —, ”, Donald Trump, “, fraudsters, cheaters, Donald Trump’s, Trump, Harris, ” Trump, Brian Hughes, She’s, ” Julie Chávez Rodríguez, ” Chávez Rodríguez, The, Jen O’Malley Dillon, Biden, Chávez Rodríguez, Chávez, we’re, ” Ashley Etienne, ” Etienne, ” “ Joe Biden, Hughes, Biden’s, ” Harris, Trump’s, “ It’s, Howard, “ Kamala Harris, Judy Chu, Chu, ” Chu, that’s, he’d Organizations: Democratic, Democratic Party, United, Trump, Biden, The Trump, NBC, MAGA Inc, Inc, Central, Northern, Howard University, Washington , D.C, Alpha Kappa Alpha, National Association of Black Journalists, Black, Sigma Gamma Rho, Atlanta, Congressional Asian Pacific American Caucus Locations: United States, California, Wisconsin, Harris ’, North Carolina, El Salvador, Guatemala, Honduras, Mexico, Washington ,, Chicago, Houston, Monterey Park , California

After the NABJ appearance, Trump posted on social media, "Crazy Kamala is saying she’s Indian, not Black. Trump also said during that election cycle that he didn't believe Clinton had "the look" to be president. 'Dumb as a rock'The day after Biden threw his support behind Harris, Trump put up a social media post calling her "Dumb as a Rock." Trump pushes baseless birther claimsOn Thursday, Trump shared a post by far right-activist Laura Loomer that said Harris is "NOT black and never has been." The people in the background know it, the people who know her know it, and she’s like an unbalanced person.”

Persons: Joe Biden, Kamala Harris, Donald Trump, Harris, She'd, Trump, Biden, It's, —, she's, ”, Kamala, Laura Ingraham, Hillary Clinton, Hillary’s, She’s, she’s, didn't, Clinton, Nikki Haley, Laura Loomer, Loomer, Harris wasn't, Haley, Sen, Ted Cruz, Barack Obama, mispronounce Harris, ” Trump, “, you’ve Organizations: Trump, Democratic, National Association of Black Journalists, Howard University, Alpha Kappa Alpha, Fox News, NBC, South Carolina Gov Locations: American, Harris, Chicago, Indian American, Tennessee, U.S, California, Texas

But you're going to struggle if you're looking for a new one. "Even a few months ago, the labor market seemed fine, the trajectory looked stable," said Guy Berger, director of economic research at the Burning Glass Institute, a think tank. The Fed therefore believes it can put a floor underneath the labor market that prevents it from deteriorating further, Berger said. "What we need to see is strong private-sector labor market growth, and outside of health care, what we've seen instead is a very, very rapid deceleration that has shown no signs yet of stabilizing," Pollak said. Pollak also said leisure and hospitality jobs — a key entry point into the labor market — have actually declined outright in recent months, putting further pressure on workers to secure employment.

Persons: Guy Berger, Berger, Jerome Powell, Bill Dudley, Julia Pollak, Pollak, we've Organizations: of Labor Statistics, Glass, Federal, Fed, New York Federal, Bloomberg Locations: U.S, haves

☆ Meta, Amazon, and Alphabet are spending big in a battle to dominate AI. It might not end well.
▼ + stars: | 2024-08-02 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +5 min

Read previewAI is burning a big hole in the pockets of Big Tech. Leaders at Meta and Alphabet have conceded that they might be funneling too much money into AI out of fear of falling behind in the arms race. AdvertisementGartner's research shows that generative AI requires executives to have a higher tolerance for indirect gains on their investments in the future over immediate returns. AdvertisementBut Big Tech executives believe that generative AI will bring about some of the biggest technological changes the world has seen in the past century — so it's worth the risk. Amazon CEO Andy Jassy said in a letter to shareholders earlier this year that generative AI "may be the largest technology transformation since the cloud" and maybe even "since the internet."

Persons: —, Mark Zuckerberg, Zuckerberg, Sundar Pichai, Rita Sallam, Elliott, Andy Jassy, Brian Olsavsky, Dan Ives Organizations: Service, Big Tech, Meta, Business, Nasdaq, Gartner, Analytics, Eliott Management, Financial Times, Big, Wedbush Securities

Read previewThe July jobs report has thrown the economy's soft landing into question — and the Federal Reserve is taking the heat. AdvertisementGiven the jobs report, Nick Bunker, economic research director for North America at the Indeed Hiring Lab, told Business Insider that "the soft landing for the US labor market is in peril." Advertisement"The problem is there's very few indications that this is the labor market we're going to stick around in," Bunker said. "It's clear that momentum of the labor market continues to be downward. "But I continue to stand by the idea that this is still part of the soft landing that people thought was not possible."

Persons: —, it's, Nick Bunker, Claudia Sahm, Sahm, Jerome Powell, Julia Pollak, It's, We're, Bunker, Powell, Harris, doesn't, Labor Julie Su, Su, they've Organizations: Service, Federal Reserve, Bureau of Labor Statistics, Business, North America, New Century Advisors, Fed, Biden, Labor

☆ Trump Cites Opportunity Zones as a Triumph. Their Success Is Middling.
▼ + stars: | 2024-08-02 | by ( Lydia Depillis | ) www.nytimes.com time to read: +1 min

“This was one of Birmingham’s white-whale buildings,” Mr. Flachsbart said of a former Red Cross office that had been renovated into 192 rental residences. (“One of the greatest programs ever for Black workers and Black entrepreneurs,” he called the incentive in an appearance this week at a National Association of Black Journalists conference.) But the relatively low-income areas covered by the incentive, known as opportunity zones, didn’t benefit equally. On Mr. Flachsbart’s tour of new projects in downtown Birmingham, the stops dry up in the historically African American northwest quadrant. There, developable lots and vacant buildings haven’t received as much of the capital flowing toward the buzzier parts of downtown.

Persons: Alex Flachsbart, Mr, Flachsbart, Donald J, Trump, ”, haven’t Organizations: Red, Democrats, National Association of Black Journalists Locations: Alabama, Birmingham

☆ Wall Street will look for signs of what's next for the market after a rocky start to August
▼ + stars: | 2024-08-02 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

The S & P 500 ended the week down by 2%. As of Friday, the Nasdaq Composite was more than 10% below its recent high, while the S & P 500 was down by 5.7%. Markets were last pricing in a 71% chance of a half percentage point rate cut in September, up from 22% on Thursday, according to the CME FedWatch Tool . Brands , Fidelity National Information Services , Uber Technologies , Marathon Petroleum , Caterpillar Wednesday Aug. 7 3 p.m. Consumer Credit (June) Earnings: Costco Wholesale , Warner Bros. Discovery , Occidental Petroleum , Ralph Lauren , CVS Health , Hilton Worldwide Holdings , Walt Disney Company Thursday Aug. 8 8:30 a.m.

Persons: Stocks, payrolls, Bill Hornbarger, Benjamin F, Edwards, Russell, Claudia Sahm, selloff, Michael Kantrowitz, Piper Sandler, Kantrowitz, Jan Hatzius, Goldman Sachs, Hatzius, CNBC's, Eli Lilly, Ralph Lauren, Martin Marietta Organizations: Nasdaq, Treasury, Investors, Federal Reserve, Walt Disney Company, Caterpillar, Costco, Micro Computer, PMI, PMI Services, Services PMI, Simon Property Group, Diamondback Energy, Tyson Foods, Devon Energy, Airbnb, Wynn Resorts, TransDigm, Brands, Fidelity National Information Services, Uber Technologies, Marathon Petroleum, Consumer Credit, Costco Wholesale, Warner Bros, Discovery, Occidental Petroleum, CVS Health, Hilton Worldwide Holdings, Gilead Sciences, Akamai Technologies, News Corp, Paramount Global, Expedia, Martin, Martin Marietta Materials Locations: Fortinet, Devon

☆ 'I love my black job': Simone Biles takes apparent swipe at Trump after winning Olympics gold
▼ + stars: | 2024-08-02 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +3 min

Biles' post on the social media platform X seemed to reference Trump's recent controversial comments that immigrants are "taking Black jobs." The Republican presidential nominee had said, "They're taking Black jobs now and it could be 18, it could be 19 and even 20 million people," during his June 27 debate against President Joe Biden. "They're taking Black jobs, and they're taking Hispanic jobs, and you haven't seen it yet, but you're going to see something that's going to be the worst in our history," Trump said. Data does not support Trump's claim that immigrants are "taking" jobs from American workers. With nine Olympic medals, six of them gold, Biles is the most decorated U.S. gymnast in history.

Persons: Simone Biles, Jamie Squire, Donald Trump, Biles, Joe Biden, Trump, Kamil Krzaczynski, Kamala Harris, Black, Lionel Bonaventure, Harris Organizations: Team USA, Bercy Arena, Getty, Paris, Republican, CNBC, U.S, National Association of Black Journalists, Afp, Democratic, Bercy, Howard University, Washington , D.C, nonconsecutive Games, Olympic Locations: Paris, Chicago, Jamaica, India, Washington ,, U.S, American, Tokyo

☆ How Does Your State Make Electricity?
▼ + stars: | 2024-08-02 | by ( Nadja Popovich | ) www.nytimes.com time to read: +58 min

Wind turbines provided just 1 percent of the electricity produced in the state in 2001 and nearly 60 percent last year. How Kentucky made electricity from 2001 to 2023 Percentage of power produced from each energy sourceCoal still generates the majority of the electricity produced in Kentucky, a longtime coal mining state. Since then, virtually all of the electricity produced in the state has come from renewable sources, including hydropower, biomass, wind and solar. It has supplied more than 85 percent of the electricity produced in the state every year for more than two decades. Last year, wind supplied more than a fifth of the electricity produced in the state.

Along with the downgrade, Roach slashed her price target to $286 from $463. Along with the downgrade, Arya cut his price target to $23 from $35 a share. — Samantha Subin 6:15 a.m.: Apple results suggest 'best is yet to come,' support multiyear upgrade cycle The latest earnings report from Apple reaffirms analysts' confidence in the technology giant and a multiyear upgrade cycle when it launches its latest iPhone later this year. Bernstein's Mark Shmulik trimmed his price target by $5 to $210 a share but encouraged investors to use the sell-off as an entry point. His price target of $95, down from $99, implies downside of 6.6% over the next 12 months.

Persons: Wells Fargo, Morgan Stanley, Henning Cosman, Cosman, — Samantha Subin, Goldman Sachs downgrades Lululemon, Goldman Sachs, Lululemon, Brooke Roach, Roach, LULU YTD, Vivek Arya, Arya, Samantha Subin, America's Wamsi Mohan, macOS, Samik Chatterjee, Citi's Atif Malik, Bernstein's Toni Sacconaghi, Morgan Stanley's Brian Nowak, ISI's Mark Mahaney, Bernstein's Mark Shmulik, Wells, downgrades Morgan Stanley Wells Fargo, Mike Mayo, Mayo, Morgan, Fred Imbert Organizations: CNBC, Barclays, Ferrari, Bank of America, Intel, AMD, Apple, Apple Intelligence, America's, Amazon, Web Services, North Locations: Europe, U.S, Lululemon

☆ Why workers who lose their jobs to AI will be better off than the Midwest manufacturing employees of two decades ago
▼ + stars: | 2024-08-02 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +9 min

Similar to US manufacturing workers who lost their jobs in recent decades to advancements like automation, those displaced by AI could find themselves without the skills needed for the modern workforce. It comes down to when — and where — AI job losses are likely to materialize. Davis said there are several reasons workers who are displaced by AI should have an easier time finding work than many manufacturing workers of the past. Impacted workers in cities would be more likely to have job opportunities than workers where manufacturing jobs were concentrated, which often were in the Midwest. Widespread AI job displacement won't happen for at least a decadeWhile Davis is uncertain about the timing and scale of AI job displacement, he said he doesn't expect AI to drive major job losses over the next decade.

Persons: —, Goldman Sachs, It's, Steven Davis, Hoover Institute —, Davis, it's, — Davis, they've, they're, Joe Biden, there's, Jim Covello, that's Organizations: Service, Business, Hoover Institute, Stanford University —, Bureau of Labor Statistics —

☆ Back to school means back to viruses. A doctor explains how families should prepare
▼ + stars: | 2024-08-02 | by ( Katia Hetter | ) edition.cnn.com time to read: +7 min

As families shop for school supplies, how should they prepare for the spread of viruses and other diseases? Dr. Leana Wen: Historically, respiratory illnesses peak later in the year when the weather gets cooler. CNN: As families shop for school supplies, should they also pick up Covid tests or medications to treat respiratory illnesses? Despite using these and other preventive measures, it’s likely that kids will contract respiratory viruses many times during the school year. Which means adults would also do well to prepare for what happens if we get sick — and take preventive measures accordingly, too.

Persons: CNN — It’s, Leana Wen, Wen, It’s Organizations: CNN, George Washington University, US Centers for Disease Control, CDC, Getty Locations: United States

☆ Biotech and more: Hold these growth stocks for the next 10 years, the pros say
▼ + stars: | 2024-08-02 | by ( Weizhen Tan | ) www.cnbc.com time to read: +5 min

Growth stocks have been volatile, with tech names going through wild swings in recent weeks. On the whole, growth stocks are up this year, although they recently fell slightly. What are some of such stocks that investors can buy and hold for the next 10 years? CNBC Pro asked fund managers and other investors who focus on growth stocks for some ideas. There are two segments in this business: original equipment and aftermarket, according to him.

Persons: Russell, TransDigm, Casey's, Janjigian Organizations: Nasdaq, . Federal Reserve, CNBC Pro, Waste Management, Republic Services Group, Carnegie Investment, Greenwich Wealth Management, U.S . Food, Drug Administration

☆ Why Japanese stocks just had their worst day in 4 years
▼ + stars: | 2024-08-02 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

The Japanese government raised rates on Wednesday, breaking from its historically dovish stance. The drop comes just two days after the Bank of Japan raised interest rates in an effort to boost the yen's value amidst higher inflation. The BoJ raised rates from a range of 0% to 0.1% to a benchmark 0.25%. The bank raised interest rates for the first time in 17 years back in March, ending its negative interest-rate policy. Others add that, as the market prices in the rate hikes, it will adjust accordingly.

Persons: —, Kazuo Ueda Organizations: Nikkei, Service, Bank of, Bank of Japan, Intel, Bank of America, JPMorgan Locations: Tokyo

☆ USDA farmer discrimination relief payments begin as some Black farmers ask courts to include heirs in program
▼ + stars: | 2024-08-01 | by ( Chandelis Duster | Janie Boschma | ) edition.cnn.com time to read: +6 min

The Black Farmers and Agriculturalists Association, which says it has over 20,000 members, lost at a federal district court. Much needed payments for farmers of colorMore than 23,000 people will receive payments between $10,000 and $500,000, according to the USDA. “It’s good that the payments are going out to needy Black farmers and families. Exclusive USDA data obtained by CNN through a follow-up Freedom of Information Act request shows that rejection rates for Black farmers continued to climb, peaking in 2022. Loan rejection rates fell to 43% for Black farmers in 2023, but remained much higher than those for other racial groups.

Persons: CNN —, Biden, Joe Biden, ” Biden, It’s, …, ”, Thomas Burrell, we’ve, –, John Boyd , Jr, “, ” Boyd, Trump, CNN’s Devan Cole, Betsy Klein, Tierney Sneed Organizations: CNN, of, Black Farmers, Agriculturalists Association, Appeals, Department of Agriculture, American, Chevron, USDA, National Black Farmers Association Locations: Farmers, Chevron

☆ Amazon Reports $148 Billion in Second Quarter Sales
▼ + stars: | 2024-08-01 | by ( Karen Weise | More About Karen Weise | ) www.nytimes.com time to read: +1 min

Critically, sales of Amazon’s cloud computing services continued to gain steam, growing 19 percent to $26.3 billion. Amazon Web Services has also become more profitable, with an operating margin of 35.5 percent, up from 24.2 percent a year earlier. It spent $16 billion on capital expenditures, including new data centers, expensive computer chips and warehouses to fulfill orders. While Amazon has become more profitable, it is having a harder time spending that cash. As a result, the company’s cash has grown to record levels, with $71.7 billion on its balance sheet at the end of the quarter.

Persons: “ We’re, Andy Jassy Organizations: Amazon, Services, Big Tech, Regulators Locations: A.W.S

☆ Trump’s comments about Harris’ race kicks off a new – yet familiar – chapter in the 2024 presidential campaign
▼ + stars: | 2024-08-01 | by ( Gregory Krieg | ) edition.cnn.com time to read: +9 min

Wednesday’s interview-turned-confrontation with reporters at a convention of Black journalists in Chicago made perfectly clear that nothing has changed. Trump’s remarks, he told donors in Maine Wednesday, put on display “a worse version of an already horrible person.”But he also cautioned against focusing too narrowly on the former president’s words. His reaction – his attack on Harris – was largely unprompted and strayed from the reporters’ line of questioning. North Dakota Sen. Kevin Cramer took a different tack, dismissing Trump’s remarks as “satire,” but also suggesting it was “not wise” politically to raise the issue. He promised he’s gonna have a woman of color.”Biden pledged to choose a woman as his running mate in 2020, not a woman of color.

Persons: Donald Trump, Kamala Harris, “, Trump, Harris, Rachel Scott, Ohio Sen, JD Vance, Joe Biden, –, Obama, Kamala, ” Trump, Alina Habba, ”, boisterously, Barack Obama, White supremacists, Harris –, Trump’s MAGA, “ Donald Trump, Roe, Wade, Biden, Harris ’, Doug Emhoff, Trump’s, can’t, Hannibal Lecter, ” Emhoff, … that’s, ” Harris, J.B . Pritzker, CNN’s Anderson Cooper, Harris “, Arizona Sen, Mark Kelly, he’s, ” Kelly, Vance, ” Vance, Florida Sen, Marco Rubio, “ California’s Kamala Harris, ” Rubio, Dakota Sen, Kevin Cramer, ” Cramer, ” Biden Organizations: CNN, Democratic, Republican, GOP, ABC, –, Trump, Indian, National Association of Black Journalists, Washington Post, Capitol, Associated Press Locations: Chicago, Pennsylvania, Harrisburg, Charlottesville , Virginia, Indian, Oakland, Indian American, Houston, Maine, Illinois, Arizona, Florida, American, Trump’s, Dakota

☆ Vance defends Trump over former president’s false claims about Harris’ racial identity
▼ + stars: | 2024-08-01 | by ( Eric Bradner | Kit Maher | ) edition.cnn.com time to read: +7 min

I think it’s totally reasonable for the president to call that out, and that’s all he did,” Vance said. Trump’s remarks are false – Harris, who was born in Oakland, California, and attended the historically Black Howard University in Washington, has never downplayed her racial identity. “And I think it’s because bad guys all over the world recognize Donald Trump’s about to be back in office, so they’re cleaning house. It would not have solved any of the problems that Kamala Harris has caused.”He said the Biden administration should instead take executive action. “They just need to empower Border Patrol to tell people who want to come in illegally, ‘You’re not allowed to do that.’ They just need to use the authority that the border czar, Kamala Harris, has.”

Persons: Vance, Donald Trump’s, Kamala Harris, “, ”, CNN’s Steve Contorno, Trump, Harris, United States —, –, ” Vance, Harris ’, ” “ JD Vance, Donald Trump, Sarafina Chitika, Trump’s, – Harris, Barack Obama, “ It’s, “ I’ve, I’ve, he’s, Biden, Evan Gershkovich, Marine Paul Whelan, Obama, ‘ You’re Organizations: CNN, Republican, National Association of Black Journalists ’, Republicans, Capitol, Black Howard University, Ohio Republican, Trump, United, United States Marine, Wall Street, Marine, Central America, White, Border Locations: Ohio, United States, Mexico, Cochise County , Arizona, Canada, Montreal, Atlanta, Oakland , California, Washington, Houston, Russia, Arizona, Central, Central America

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