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☆ China raising its retirement age may be unpopular but it's much needed, analysts say
▼ + stars: | 2024-09-13 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +4 min

Economists have long called for an overhaul of the nation's retirement age laws, currently among the world's lowest, which was set in an era of lower life expectancies. Raising the retirement age would help ease local governments' pension pool cash crunch, Sheana Yue, an economist from Oxford Economics said. Still, "more needs to be done to improve retirement adequacy," Maybank's Tay said, while stating that China needs a stronger pension plan and diversified investment avenues to ensure sustainable retirement savings. China's Ministry of Human Resources and Social Security has added a few tools for citizens to check their indicated retirement age on its website and mobile app. China may roll out "another round of delay in the late 2030s, especially if China's pension fund balance is tight," Xu cautioned.

Persons: Erica Tay, Tay, Bruce Pang, Tianchen Xu, Xu, Yue, Maybank's Tay Organizations: Getty, Maybank Investment Banking Group, CNBC, Economist Intelligence Unit, Oxford Economics, Academy of Social Sciences, China's Ministry of Human Resources, Social Security Locations: Fuyang, China, JLL, Beijing

☆ Waymo and Tesla have opposite problems as they compete for driverless tech dominance
▼ + stars: | 2024-09-13 | by ( Katherine Tangalakis-Lippert | Lloyd Lee | ) www.businessinsider.com time to read: +6 min

Read previewTwo major players — Tesla and Waymo — are battling for dominance in the driverless tech sector. "I think that Tesla has a software problem, and I think Waymo has a hardware problem, is the way I put it — and I think software problems are much easier." AdvertisementHe viewed Tesla as a "pioneer" in using machine learning for its autonomous driving software. But he also argued that Tesla's autonomous hardware hasn't solved the driverless equation. Waymo, on the other hand, produces an autonomous driving system capable of eliminating a human driver.

Persons: —, — Tesla, Waymo, Tesla, Andrej Karpathy, I'm, Karpathy, it's, Dan O'Dowd, Elon, Musk's, Kevin Chen, Chen, they're, you've Organizations: Service, Business, EV, The, Elon Musk's Locations: San Francisco , Los Angeles, Phoenix, Austin, who's, San Francisco

☆ Apple and Dell are two names you want to own, says Evercore ISI's Amit Daryanani
▼ + stars: | 2024-09-13 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple and Dell are two names you want to own, says Evercore ISI's Amit DaryananiAmit Daryanani, Evercore ISI senior managing director, joins 'Power Lunch' to discuss shift in consumer electronics and how inflation impacted the sector.

Persons: Evercore ISI's Amit Daryanani Amit Daryanani Organizations: Apple, Dell

☆ U.S. lawmakers introduce bill to put regulations on sports betting operators
▼ + stars: | 2024-09-13 | by ( Jessica Golden | ) www.cnbc.com time to read: +6 min

Six years later, sports betting has exploded across the United States, as 38 states have legalized it. The bill addresses three key areas tied to sports betting: advertising, affordability and artificial intelligence. It would mandate gambling operators ensure customers who wager more than $1,000 can afford to do so. "The gambling industry is following a playbook developed by the tobacco industry and this is a direct threat to public health," said Richard Daynard, a law professor and president of the Public Health Advocacy Group at Northwestern. The sports betting operators, meanwhile, are fighting back and saying the industry has brought benefits.

Persons: Sen, Richard Blumenthal, Paul Tonko, Conn, Tonko, It's, Gordon Douglas, he's, Andrew Douglas, Douglas, Blumenthal, Richard Daynard, Chris Cylke, Clyke, Dina Titus, — CNBC's Contessa Brewer Organizations: U.S, Capitol, Sports, American Gaming Association, National Institutes of Health, National Council, Public Health, Northwestern, American Gaming Association's Locations: Washington ,, United States, U.S

☆ Biden administration expected to unveil new evidence of RT’s key role in Russian intelligence operations globally
▼ + stars: | 2024-09-13 | by ( Kylie Atwood | Sean Lyngaas | ) edition.cnn.com time to read: +3 min

CNN —The Biden administration is expected on Friday to announce a major effort to blunt the global influence of RT and expose what it says is the Russian state media network’s key role in the Kremlin’s global intelligence and influence operations, according to a senior administration official and three other sources familiar with the matter. A key finding from the new US intelligence is that, for more than a year, the Russian government has quietly embedded an intelligence-gathering unit within RT that is focused on influence operations globally, one of the sources familiar said. That activity has been part of US officials described as a big expansion of RT’s role as an arm and mouthpiece of the Kremlin abroad. The activity goes beyond propaganda and covert influence operations to even include military procurement, the source said. The US believes RT propaganda and disinformation has been key to generating pro-Russia reactions to the Ukraine war globally, the senior administration official said.

Persons: CNN —, Biden, “, –, RT, Trump, Joe Biden Organizations: CNN, State Department, Kremlin, of Justice, UN, Assembly, US Department of Justice, US, European Union, Saharan Africa RT, Huawei Locations: Russian, Russia, America, Ukraine

☆ ChatGPT maker says its new AI model can reason and think ‘much like a person’
▼ + stars: | 2024-09-13 | by ( Olesya Dmitracova | ) edition.cnn.com time to read: +2 min

London CNN —OpenAI has unveiled a new artificial intelligence model that it says can “reason” and solve harder problems in science, coding and math than its predecessors. The model, the first in a series called OpenAI o1, was released Thursday as a preview, with the firm saying it expects regular updates and improvements. “We trained these models to spend more time thinking through problems before they respond, much like a person would,” the maker of ChatGPT said on its website. The new OpenAI model doesn’t yet have many of the features “that make ChatGPT useful,” the firm said, like browsing the web for information, and uploading files and images. In tests, OpenAI o1 performs similarly to PhD students on difficult benchmark tasks in physics, chemistry and biology, according to the company.

Persons: London CNN — OpenAI, “, ChatGPT, OpenAI, Noam Brown, ”, Sam Altman, Ruth Porat, Dario Amodei Organizations: London CNN, White House, OpenAI, Google, CNN, OpenAI o1, International

☆ Why Trump ditched a debate rematch – for now
▼ + stars: | 2024-09-13 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

After Tuesday’s onstage meeting, Harris had said that she and her opponent owed it to voters to debate again. Harris’ senior campaign adviser, David Plouffe, blasted Trump on X as “chicken man.”The Republican nominee often changes his mind. He asked, “Wasn’t ‘The Apprentice’ a great show, though?” and wistfully reminisced about the final night of his election campaign in 2016. Will Trump stick to his refusal to debate Harris again? But Bryan Lanza, a senior Trump campaign advisor, insisted that this was a tactical decision.

Persons: Donald Trump’s, Kamala Harris, outdid, we’ve, It’s, ” Trump, Joe Biden, Trump, Harris, Trump’s, Harris ’, David Plouffe, ”, Arizona —, Biden, she’s, embroils Trump, Laura Loomer, Marjorie Taylor Greene, Loomer, denigrated Harris, there’ll, Democrats haven’t, Harris can’t, Dick Cheney, Liz Cheney, “ Harris, –, – Trump, keener, “, Melania Trump, JD Vance, Will Trump, president’s, Bryan Lanza, “ It’s, ” Lanza, President Trump, JB Pritzker, “ Donald Trump, ” Pritzker, Wolf Blitzer, “ Kamala Harris, Hillary Clinton, Alyssa Farah Griffin, ” Griffin, Donald Trump, ‘, ’ ” Griffin Organizations: CNN, Democratic, Trump, Republican, ABC News, “, Democrats, North Carolina, GOP, Wyoming, “ Democrats, Republicans, Biden, ”, Illinois, House Locations: Arizona, Georgia, Trump, North Carolina, Chicago, Charlotte, Pennsylvania, America, Springfield , Ohio

☆ China fines PwC a record $62 million for its role in the Evergrande collapse
▼ + stars: | 2024-09-13 | by ( ) edition.cnn.com time to read: +3 min

Chinese regulators have hit PwC’s auditing unit in mainland China with a six-month business suspension and a record fine of 441 million yuan ($62 million) over the firm’s audit of troubled property developer China Evergrande Group. “PwC has seriously eroded the basis of law and good faith, and damaged investors’ interest,” said the China Securities Regulatory Commission in a statement. PwC Zhong Tian, the registered accounting entity and the main onshore arm of PwC in China, was the country’s top-earning auditor in 2022, according to the latest official data. The ministry also imposed a fine of 116 million yuan ($16 million) on PwC Zhong Tian for its auditing failure of Hengda in 2018, according to an MOF statement. The CSRC said in a separate statement that it had confiscated PwC Zhong Tian’s revenue involved in the Evergrande case totalling 27.7 million yuan and fined the unit 297 million yuan.

Persons: Zhong Tian, “ PwC, ”, PwC Zhong, Daniel Li, Hemione Hudson, CSRC, PwC Organizations: China Evergrande Group, Big, —, China Securities Regulatory Commission, China’s Ministry of Finance, Bank of China Locations: China, PwC, Hong Kong, New York

☆ Whitehaven: Plan to build first coal mine in decades unlawful, UK court rules
▼ + stars: | 2024-09-13 | by ( Story Reuters | ) edition.cnn.com time to read: +1 min

CNN —Britain’s approval of its first new deep coal mine in decades was unlawful, London’s High Court ruled on Friday following a legal challenge brought by environmental campaigners. Friends of the Earth and South Lakeland Action on Climate Change challenged the previous Conservative government’s 2022 approval of a coking coal mine in northwest England. Britain dropped its defence of the legal challenges after a Supreme Court ruling earlier this year said planning authorities must consider the impact of burning, not just extracting, fossil fuels when deciding whether to approve projects. Developer West Cumbria Mining fought the case and said the project — which planned to extract coking coal for manufacturing steel, rather than to generate electricity — would be “a unique ‘net zero’ mine”. A spokesperson for West Cumbria Mining said the company “will consider the implications of the High Court judgment and has no comment to make at this time”.

Persons: CNN —, Niall Toru, Toru, James Strachan, David Holgate Organizations: CNN, Lakeland, Conservative, Earth, Developer West, Mining, West Cumbria Mining’s, West Cumbria Mining Locations: England, Britain, West Cumbria

☆ The inside story of how Sandra Day O’Connor rebuffed pressure from Scalia and others to overturn Roe v. Wade
▼ + stars: | 2024-09-13 | by ( Joan Biskupic | ) edition.cnn.com time to read: +19 min

Handwritten notes from Justice Sandra Day O'Connor's papers on a major abortion case in 1989. The correspondence and notes foreshadow where O’Connor landed in the 1992 Planned Parenthood v. Casey case, when Justice Anthony Kennedy, hostile to Roe v. Wade in 1989, was ready to join O’Connor in upholding Roe. Accelerating the tensions all around was the time pressure of the Missouri case. O’Connor wrote that Kennedy said, “Roe is just flawed analytically” and that he wanted to “return this debate to democratic process” in the states. Library of CongressDraft opinion language from Justice John Paul Stevens he sent to Justice Sandra Day O'Connor.

Persons: Sandra O’Connor, eviscerate Roe, Wade, O’Connor, Roe, Antonin Scalia, William Rehnquist, Rehnquist, — Webster, Reproductive Health Services —, ” Rehnquist, Sandra Day, George H.W, Reagan, bristled, ”, Scalia, John Paul Stevens, Gerald Ford, Casey, Anthony Kennedy, Dobbs, Samuel Alito, Webster, Kennedy, “ Nino, ” Scalia, ” O’Connor, “ Roe, O’Connor’s, Roe “, Byron White, “, Byron, Sandra, Nino, Tony …, White, Sandra Day O'Connor, Congress O’Connor, bemoaning, overruling Roe, ” Stevens, reexamine Roe, reconsidering Roe, Stevens, Stevens ’, inched, John . ”, ’, William Brennan, David Souter, Bush Organizations: CNN, Reproductive Health Services, Congress, Library, O’Connor, Stanford Law School, Roe, Chicago, Stevens, Kennedy Locations: Missouri, Roe, Bush, Ohio, Pennsylvania, Phoenix, Minnesota

Many mental health advocates worry whether the Georgia community will receive the mental health support it is likely to need in the wake of the shooting. Andy Miller for KFF Health NewsSo health providers worry that in the coming days, months, and years the community will struggle to find help for their mental health needs. Georgia ranks nearly last among states in access to mental health care resources, according to Mental Health America, a nonprofit that advocates for increased mental health spending. The lack of mental health care remained a top concern in the region during a follow-up assessment in 2022. But immediately following the shooting, mental health providers across the region still had to cobble together free resources for area residents.

Persons: ” Amanda McKee —, Asa Deslonde, Apalachee —, “, Howard Liu, Andy Miller, ”, Sean Couch, Barrow, Roland Behm, Behm, Tamara Conlin, William Smith, Paul Soost, Conlin, Dr, Sanjay Gupta, McKee, Asa ., Richard Aspinwall, ” McKee, “ They’re Organizations: Health, Apalachee High School, Northeast, Northeast Georgia Medical, International Association for Suicide Prevention, Befrienders, Apalachee, Communications, American Psychiatric Association, KFF Health, Georgia Health, Georgia Mental Health, Partnership, Mental Health America, U.S Census Bureau, Behavioral Health Systems, Health Survey, Barrow County School System, Northeast Georgia Medical Center, Lutheran Church Charities, Atlanta Center, CNN, CNN Health, KFF Locations: WINDER, Ga, Northeast Georgia, Barrow, Atlanta, Georgia, Barrow County, Athens, Gainesville, Northeast Georgia Medical Center Barrow, Winder , Georgia, Nebraska, , Texas

☆ How the New Hampshire National Guard failed to protect women
▼ + stars: | 2024-09-13 | by ( Haley Britzky | ) edition.cnn.com time to read: +19 min

His attorney told CNN Patterson is expected to retire as a major, one rank below lieutenant colonel, by November 1. His case is perhaps the most high-profile example of a problem women say has plagued the New Hampshire National Guard for years: A toxic, sexist work environment. The New Hampshire National Guard told CNN in a statement that 2023 was an anomalous year for sexual assault reports. “There’s way too much of ‘foxes guarding the henhouse’ in every angle of the [National Guard Bureau],” the IRC member said. “The National Guard belongs to the governors, and so they can do what they want.”The office of New Hampshire Gov.

Persons: Mark Patterson, Patterson, ”, he’d, CNN Patterson, “, Kennith Kruger, Patterson “, ’, Katrina Dupuis, Dupuis, weren’t, ’ ” Dupuis, ” Dupuis, she’d, “ aren’t, David Mikolaities, didn’t, Emily Paige Kamal, ” Kamal, Kate Kuzminski, ” Kuzminski, Maj, Charles Johnston, Chris Sununu, Sununu, Jaleesa Ackerman, Ackerman, ’ ”, Keri Wareing, Wareing, ” Wareing, Jeanne Shaheen, they’ve, Shaheen, OCI, Shaheen “, They’re Organizations: CNN, New Hampshire National Guard, Army, National Guard, Guard, New Hampshire National, New Hampshire National Guard’s Army, Department of, New, New Hampshire Department of Military Affairs, Veterans Services, The New Hampshire National Guard, ‘, Pentagon, Military, Veterans, Center, New American Security, Pembroke , New Hampshire . Tech, Defense, Independent Review Commission, National Guard Bureau, New Hampshire Gov, Services, Manchester Police Department, Mikolaities, Criminal, Organization, Independent, Capitol, Senate Armed Services Committee, Senate National Guard Caucus Locations: New Hampshire, Wyoming, NH, The, New American, Pembroke , New Hampshire, New

☆ 6 Wall Street experts share why investors could be overestimating how much the Fed will cut rates after August's inflation report
▼ + stars: | 2024-09-13 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

The print is causing concern that inflation may not be going away, which would mean higher interest rates than markets expect going forward. Skyler Weinand, chief investment officer, Regan CapitalWeinand says the market's current outlook on rate cuts will only take place if the economy deteriorates significantly. If inflation does slow that much, the Fed would likely cut rates faster than just a quarter percent per meeting over the next 3-6 months," Adams said in an email. "However, the stickiness of service price inflation and shelter inflation suggests the Fed will cut rates slower than financial markets currently price in." This would be a disappointment to short-term bond markets that have priced over 250 bps of rate cuts by the end of 2025."

Persons: Brian Rose, UBS Global Wealth Management Rose, Rose, Skyler Weinand, Regan Capital Weinand, Bill Adams, Adams, Peter Perkins, MRB Partners Perkins, Josh Jamner, ClearBridge Investments Jamner, Chris Zaccarelli, Zaccarelli Organizations: Service, CPI, Business, UBS Global Wealth Management, UBS Global Wealth, Fed, Comerica Bank, MRB Partners, Investment, ClearBridge Investments, Independent, bps

☆ CNBC Markets Now: September 14, 2024
▼ + stars: | 2024-09-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Markets Now: September 14, 2024CNBC Markets Now provides a look at the day's market moves with commentary and analysis from Michael Santoli, CNBC Senior Markets Commentator.

Persons: Michael Santoli Organizations: CNBC

☆ Alibaba’s Taobao shopping app launches AI-powered English version in Singapore, jumps to first place in Apple’s App Store
▼ + stars: | 2024-09-13 | by ( Sonia Heng | In Sonia-Heng | ) www.cnbc.com time to read: +3 min

In this article BABA Follow your favorite stocks CREATE FREE ACCOUNTThe logo of Alibaba's e-commerce app Taobao is displayed next to mobile phones displaying the app, in this illustration picture taken October 25, 2023. Reuters | Florence LoSingapore — Chinese e-commerce giant Alibaba 's Taobao shopping app topped the Apple App Store charts in Singapore after releasing an English version on Tuesday — thanks to translations powered by artificial intelligence. That's according to Sensor Tower, a market intelligence firm whose data shows Taobao shot to first place in Apple's Singapore App Store across all categories, as of Sept. 11. As early as last year, Singaporean Taobao users had previously made guides on how to purchase clothes, furniture and lifestyle items from Taobao. These video guides were posted on the ByteDance-owned TikTok platform, another Chinese app.

Persons: Florence Lo, Alibaba, Bain, David Zehner Organizations: Reuters, Company, Asia, South Korean, Bain, CNBC Locations: Florence, Florence Lo Singapore, Singapore, Apple's Singapore, China, AliExpress, Malaysia, Asia Pacific, Singapore's

☆ Beijing suspends PwC's China unit for six months in record penalty over Evergrande audit
▼ + stars: | 2024-09-13 | by ( ) www.cnbc.com time to read: +5 min

Chinese regulators on Friday hit PwC's auditing unit in mainland China with a six-month business suspension and a record fine of 441 million yuan ($62 million) over the firm's audit of troubled property developer China Evergrande Group . "PwC has seriously eroded the basis of law and good faith, and damaged investors' interest," said the China Securities Regulatory Commission (CSRC) in a statement. PwC Zhong Tian, the registered accounting entity and the main onshore arm of PwC in China, was the country's top-earning auditor in 2022, according to the latest official data. "The cost is enormous in reputation, affecting the ability to get new business in China beyond the fine. PwC also deliberately excluded properties that Evergrande marked as "not allowed to visit" from audit samples, it added.

Persons: Zhong Tian, PwC, Gary Ng, PwC Zhong Tian, PwC Zhong, Daniel Li, Hemione Hudson, CSRC Organizations: China Evergrande Group, Big, China Securities Regulatory Commission, China's Ministry of Finance Locations: China, PwC, Asia, Pacific, Guangzhou, Hong Kong, New York

☆ OpenAI's o1 model is inching closer to human-like intelligence — but don't get carried away
▼ + stars: | 2024-09-13 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

AGI is a distance awayOpenAI's new o1 models make improvements in the ability of AI models to reason. AdvertisementIn some ways, the o1 models do enter OpenAI into a new paradigm. pic.twitter.com/niqRO9hhg1 — Noam Brown (@polynoamial) September 12, 2024Where previous AI models were bottlenecked by the data fed to them during the "pre-training" phase, Brown wrote, o1 models showed that "we can now scale inference". Related storiesJim Fan, a senior research scientist at Nvidia, noted that the technicalities underlying this are what have helped make this fundamental breakthrough of OpenAI's o1 models possible. Uncertainty hovers over how o1 models will perform more broadly.

Persons: —, OpenAI, Sam Altman, Noam Brown, niqRO9hhg1 — Noam Brown, Brown, Jim Fan, Fan, Altman, Will Depue, — Sam Altman, Ethan Mollick, it's Organizations: Service, Business, o1, International, pretraining, Nvidia, OpenAI's o1, Wharton Locations: San Francisco

☆ Nvidia still has a very compelling story, says Morgan Stanley's Joseph Moore
▼ + stars: | 2024-09-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia still has a very compelling story, says Morgan Stanley's Joseph MooreJoseph Moore, Morgan Stanley senior semiconductor analyst, joins 'Squawk Box' to discuss what happened this week with Nvidia's stock, if the company's Blackwell chip will have less gross margin than its predecessor, and more.

Persons: Morgan Stanley's Joseph Moore Joseph Moore, Morgan Stanley, Blackwell Organizations: Nvidia

☆ 'Real heavy lifting' of Japan's corporate governance reforms has yet to come: Fund manager
▼ + stars: | 2024-09-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Real heavy lifting' of Japan's corporate governance reforms has yet to come: Fund managerZuhair Khan, managing director and senior fund manager at Swiss private bank UBP Investments, says that also applies to the benefits to shareholders.

Persons: Zuhair Khan Organizations: UBP Investments Locations: Swiss

While FICO has deprioritized medical debt in credit score calculations, VantageScore removed medical debt from its calculations. The CFPB announced rulemaking to address the reporting of medical bills on credit reports that would require the credit bureaus to stop reporting medical bills entirely. How medical bills can affect your creditIn the past, credit bureaus would report medical debt the same as any other overdue bills, and could cause your credit score to drop. Protecting your credit from medical billsWhile unpaid medical debt doesn't have the same impact on your credit score as an unpaid credit card bill, it can impact your credit nonetheless. Consider medical credit cards or loansInstead of a traditional credit card, consider a medical credit card or loan.

Persons: FICO, rulemaking, doesn't, —, Experian, VantageScore, Biden, Tiffany Cross, Rick Eicheldinger, You'll, Cross Organizations: Consumer Financial Protection Bureau, CFPB Locations: United States, U.S

☆ Engagement bait's rise on Threads is another example of how we just can't help ourselves on social media
▼ + stars: | 2024-09-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

While rage bait can be found across social media, its prominence on Threads is because of how the app promotes content. AdvertisementWith that in mind, there's often something in your behavior on social media that's leading the apps to send those posts your way. In the grand scheme of things, rage bait is not the worst thing on social media by a long shot . YouTube star MrBeast mastered social media algorithms to build a huge audience in no time. Here's what business students said , and here's what tech students said .

Persons: —, Rebecca Zisser, Katie Notopoulos, Katie, it's, it'll, Samantha Lee, Goldman Sachs, David Solomon isn't, Solomon, Warren Buffett's, Kanu Gulati, she'd, Jensen Huang doesn't, Huang, Alberto E, Rodriguez, MrBeast, Jonah Peretti, Dan DeFrancesco, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Service, Business, Twitter, JPMorgan, Bank of America, Occidental Petroleum, Khosla Ventures, Kanu Gulati Khosla Ventures, Nvidia, Warner Bros, HBO, Charter Locations: Taiwan, China, New York, London

☆ British government had 'constructive' talks with Musk's X over disinformation, minister says
▼ + stars: | 2024-09-13 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

Musk is the owner of X, the social media platform formerly known as X. Aytug Can Sencar | Anadolu | Getty ImagesLONDON — The U.K. government has had "constructive" talks with Elon Musk's social media site X over the spread of misinformation and other harmful content, technology minister Peter Kyle told CNBC Friday. Multiple social media users at the time spread false information about the alleged perpetrator, who has since been charged with murder and attempted murder, claiming he was an asylum seeker. The minister also told CNBC he is assessing whether he needs additional powers to regulate social media companies over the dissemination of harmful content online. A government spokesperson told CNBC earlier this year that its "immediate focus is getting the Online Safety Act implemented quickly and effectively." However, this spokesperson added, "our message to social media companies remains clear: There is no need to wait — you can and should take immediate action to protect your users."

Persons: Elon Musk, Peter Kyle, Kyle, CNBC's, hasn't, Musk, Taylor Swift, Keir Starmer, Keir, Dawn Butler, Chi Onwurah, Labour's Kyle Organizations: Anadolu, Getty, Elon, CNBC, Citizens, Financial Times, Labour, SpaceX, Ofcom, OSA Locations: United Kingdom, England

☆ Harris opens the door to more media access: From the Politics Desk
▼ + stars: | 2024-09-12 | by ( The Politics Desk | ) www.nbcnews.com time to read: +9 min

In today’s edition, we report on how Kamala Harris' media strategy is (and isn't) changing following the debate. The campaign said Harris plans to do more interviews with media in battleground states and speak more with her traveling press corps in the coming days. Her campaign’s media strategy has largely been a continuation of Biden’s, which is to minimize interactions with the media. Right after the debate, Trump held a sprawling, ad hoc press conference in the “spin” room, surrounded by hundreds of journalists who formed a ring around him. The simple rules of postgame sports commentary often apply to politics: When you win, you don’t have to spin.

Persons: Kamala Harris, Jonathan Allen, Donald Trump's, Harris, Alex Seitz, Wald, Peter Nicholas, Natasha Korecki Fresh, Kamala Harris ’, Donald Trump, Joe Biden’s, Tim Walz, Rickey Smiley —, Trump, Biden, JD Vance, Walz, → Trump, Jonathan Allen Donald Trump, ”, Matthew Bartlett, it’s, ” Harris, “ KAMALA, ” Trump, ️, jud, Obama Organizations: NBC, White House, Capitol, National Association of Black Journalists, Democratic, CNN, Minnesota Gov, Univision, Trump, ABC News, MSNBC, Center, Fox News, Truth Social, ntr Locations: Philadelphia, “, pec

Some sections are backward-looking and focus more on touting the record of the Biden-Harris administration, while also criticizing Trump’s agenda. The health care section of Harris’ agenda focuses more on what the Biden-Harris administration has done than plans for the future. The Harris agenda vows to “fight to raise the minimum wage,” but doesn’t say how high she wants it to be. The Harris campaign would not say whether she supports doing away with the 60-vote rule to pass those measures. The bulk of Harris’ agenda would be subject to congressional approval, likely requiring Democrats to control the House and Senate to have a strong chance of passage.

Persons: Kamala Harris, Donald Trump, Harris, Joe Biden, ”, “, Sydney Smith, Republicans scoff, ” Sen, John Cornyn, Harris hasn’t, “ I’m, Biden, Republicans tanked, Trump, Karoline Leavitt, “ They’ve, Ron Wyden, “ We’re, ” Harris, Hasan Pyarali Organizations: WASHINGTON, Biden, Republican, New York Times, Trump, Wake Forest University, Republicans, GOP, NBC News, Security, Social Security, Medicare, Senate, Border Patrol, The Society, Technology, ”, CNN, ABC, Democratic Locations: North Carolina, Texas, America

☆ Bipartisan group of lawmakers wants to eliminate Social Security rules affecting public employees. What could happen next.
▼ + stars: | 2024-09-12 | by ( Lorie Konish | ) www.nbcnews.com time to read: +6 min

The bill — the Social Security Fairness Act — would repeal two rules that reduce Social Security benefits for workers and spouses, widows and widowers who also receive pension income. If brought to the House floor, the Social Security Fairness Act may pass, based on the 327 co-sponsors who are currently behind the proposal. The government pension offset reduces Social Security benefits for spouses, widows and widowers who also have pension income. But if she retirees and begins collecting the pension benefits she earned, that Social Security income may disappear. Eliminating the rules through the Social Security Fairness Act would also cost the program at a time when Social Security faces looming trust fund depletion dates, he said.

Persons: Abigail Spanberger, Garret Graves, There’s, ”, Emerson Sprick, —, Sprick, Roger Boudreau, Boudreau, ” Boudreau, Paul Van de Water, Van, ” Van, Water, ” Sprick, it’s, ” Sen, Mike Braun, “ Organizations: Security, Social, Senate, Center, GPO, Social Security, Rhode Island American Federation of Teachers, Budget, Congressional, Republican

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