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Dianne Feinstein has reportedly granted her daughter power of attorney over her legal affairs. It's unclear the extent to which Feinstein's agreement extends. The New York Times reported Thursday that Feinstein has granted power of attorney to Katherine Feinstein, a former San Francisco judge, over her legal affairs. During a recent Senate Appropriations Committee hearing, Feinstein appeared confused during a roll call vote. Feinstein also serves on the powerful Senate Appropriations Committee.
Persons: Dianne Feinstein, Democratic Sen, Katherine, Feinstein, Katherine Feinstein, It's, Bryan Metzger, Sen, Patty Murray, Amy Coney Barrett's Organizations: Senate, Service, Privacy, Democratic, New York Times, GOP, Committee, Intelligence, CIA, NSA, Senate Armed Services Committee, panel's, Water, Army Corps of Engineers Locations: Wall, Silicon, San Francisco
The unemployment rate for young people ages 16 to 24 in China has soared to record highs above 20% in May and April. Many requested anonymity since youth unemployment can be a sensitive topic in China, especially for those in the middle of a job search or just starting a career. watch nowThe unemployment rate for China's young people ages 16 to 24 climbed to a new record high in June of 21.3%. Youth unemployment has remained persistently high over the last three years, while the overall jobless rate for people in cities has officially stayed far lower, near 5%. Zhang expects the unemployment rate for young people to drop toward the end of the year, after the summer graduation season.
Persons: Kevin Frayer, Zhang Chenggang, , Zhang, Cheung, Caixin, Sun, Organizations: Getty, BEIJING, CNBC, Shanghai Jiao Tong University, Huawei, U.S . News, Capital University of Economics, Business, U.S . Bureau of Labor Statistics, Cheung Kong Graduate School of Business Locations: China, Shanghai, U.S, Beijing
Ron DeSantis has accepted his California nemesis Gavin Newsom's challenge for a primetime debate. Let's get it done," DeSantis told Fox News on Wednesday. Ron DeSantis finally accepted Gov. We will do it," DeSantis told Fox News's Sean Hannity. The proposed debate would be a long overdue smackdown between the feuding governors, who seem to disagree on practically everything.
Persons: Ron DeSantis, Gavin Newsom's, DeSantis, Newsom's, Elon, Mark Zuckerberg, Musk, Fox News's Sean Hannity, Newsom, Sean Hannity, he'd, He's, Donald Trump, Matt Gaetz —, Ron DeSanctimonious, Kimberly Guilfoyle, who's, Donald Trump Jr, duking Organizations: Fox News, Service, Wednesday, Gov, NBC, Disney, Trump, Republican Locations: California, Wall, Silicon, Florida, Trump
A top official with Fitch Ratings said January 6 influenced its controversial downgrade of US credit. "I strongly disagree with Fitch Ratings' decision," Treasury Secretary Janet Yellen said in a statement. "The change by Fitch Ratings announced today is arbitrary and based on outdated data." The juxtaposition of Fitch's decision and January 6 became inadvertently apparent as soon as their decision was announced. News of former President Donald Trump's indictment related to his efforts to overturn the election broke just as Fitch's downgrade became public.
Persons: Fitch's, Richard Francis, Francis, Fitch, Janet Yellen, Larry Summers, Biden's, Donald Trump's Organizations: Fitch, Reuters, The Treasury Department, Service, Treasury Department, Biden, Congressional Republicans, White, Twitter Locations: Wall, Silicon, United States, States
Trump lawyers told to expect indictment -NBC News
  + stars: | 2023-07-27 | by ( ) www.reuters.com   time to read: +2 min
WASHINGTON, July 27 (Reuters) - Donald Trump's attorneys have been told to expect an indictment against the former U.S. president from a federal investigation into efforts to overturn his 2020 presidential election defeat, NBC News reported on Thursday, citing unidentified sources. Any indictment in the election case would represent a second round of federal charges from Smith, who was appointed in November by U.S. Attorney General Merrick Garland. Trump's attorneys previously met with officials at the Justice Department, including Smith, before a grand jury in Miami indicted Trump in June. The first charges brought against Trump came in March when a grand jury convened by Manhattan's district attorney indicted him. Trump, 77, leads a crowded field of Republican presidential candidates as he seeks a rematch with Biden, 80, next year.
Persons: Donald Trump's, Jack Smith, Trump, Democrat Joe Biden, Smith, General Merrick Garland, Trump's, Stormy Daniels, Biden, Sarah N, Lynch, Jacqueline Thomsen, Doina Chiacu, Howard Goller Organizations: NBC, Democrat, U.S, Capitol, Biden's, ., Justice Department, Miami, Trump, Republican, Thomson Locations: U.S, Miami, Manhattan's
According to U.S. News and World Report, Hickory, North Carolina is the cheapest place to live in the U.S. This month, U.S. News and World Report released its ranking of the cities with the lowest cost of living, based on the median gross rent and annual housing costs for mortgage-paying homeowners. The average Hickory home value is $276,748, up 5.3% over the past year, according to Zillow's Home Value Index. Youngstown, Ohio is the second cheapest place to live in the U.S., according to U.S. News and World Report. Since 2010, new businesses have been popping up in its downtown, according to U.S. News and World Report.
Persons: it's, IN, TN Organizations: U.S . News, Black, U.S . Census Bureau, FBI, U.S . Department of Labor, Hickory, Hickory Furniture Mart, Huntsville, AL Fort Wayne, IL, . Census, Tri - State, Istock, Getty Locations: U.S, Hickory , North Carolina, Hickory , NC Hickory , North Carolina, Catawba County, Charlotte, Asheville, Hickory, North Carolina, Youngstown , Ohio, Hickory , NC Youngstown, Huntington, WV, Ashland , KY, IN Beaumont , TX Peoria, IL Green, , WI, IL Knoxville, Pittsburgh, Cleveland, Youngstown, Ashland , West Virginia , Kentucky, Ohio
The Bolt does not align with GM's long-term EV technology strategy, but it is the Detroit automaker's best-selling and most affordable EV in North America, by far. Barra and GM officials did not say how much the new Bolt would cost or where it would be built. For GM, the Bolt has been the mainstay for its North American EV sales. In the first six months of this year, U.S. Bolt sales totaled 33,659 vehicles, outselling Ford's Mustang Mach-E, Hyundai's Ioniq 5 and other EVs from established automakers. Bolt sales rebounded this year after GM was forced to halt production of the car for nearly six months to fix problems linked to battery fires.
Persons: Rebecca CooK, Mary Barra, Barra, Sam Fiorani, EVs, Sandy Munro, Elon Musk, Fiorani, Bolt, Paul Lienert, Joseph White, Nick Zieminski Organizations: North American, REUTERS, General Motors, Chevrolet Silverado EV, Chevrolet, Detroit, GMC Hummer EV, GM, AutoForecast Solutions, Barra, Bolt, Munro & Associates, UAW, Thomson Locations: Detroit , Michigan, U.S, North America, United States, Ohio, Michigan, Orion, Detroit
That would be Tampa, perhaps unexpectedly, given the city ranked fourth on U.S. News & World Report’s “2022-2023 Best Places to Retire in the United States.” The city is booming, and energy attracts. The rooftop bar at the Edition Hotel
Organizations: U.S . News Locations: Tampa, United States
Many cities in Florida remain popular retirement destinations, but a Pennsylvania city ranks as the best place to spend your post-work years. A second Pennsylvania city, state capital Harrisburg, is No. It's clear Pennsylvania and Florida dominate the top spots on the list of best places to retire. Florida doesn't tax income and Pennsylvania doesn't tax retirement pensions and distributions from 401(k)s, IRAs or Social Security, according to Kiplinger. Here are the top 10 U.S. cities for retirees, according to U.S. News & World Report:Lancaster, Pennsylvania Harrisburg, Pennsylvania Pensacola, Florida Tampa, Florida York, Pennsylvania Naples, Florida Daytona Beach, Florida Ann Arbor, Michigan Allentown, Pennsylvania Reading, PennsylvaniaWhile lists like these can be helpful while researching potential retirement locations, remember that everyone's ideal retirement is unique and shaped by different priorities.
Persons: Lancaster, Warren Buffett Organizations: U.S . News, U.S ., . News, U.S . Census, Tax Foundation, Louis Federal Reserve Bank, Pensacola, Security, Kiplinger Locations: Florida, Pennsylvania, Lancaster , Pennsylvania, U.S, Puerto Rico, Lancaster, Harrisburg, Lancaster , Pennsylvania Harrisburg , Pennsylvania Pensacola, Florida Tampa , Florida York, Pennsylvania Naples, Beach , Florida Ann Arbor , Michigan Allentown , Pennsylvania Reading
ChatGPT excelled at predicting a stock's price direction based on news sentiment. They found that while ChatGPT excelled at predicting a stock's direction based on news sentiment, it is not without limitations. They prompted ChatGPT to assign the following scores to headlines: "1" for good news, "0" for unknown and "-1" for bad news. Is this headline good or bad for the stock price of (company name) in the term (short or long-term)?" This meant negative news had a greater and longer impact in the real world than in the simulation,, likely giving ChatGPT an advantage, Lopez-Lira noted.
Persons: ChatGPT, Bard, Alejandro Lopez, Yuehua Tang, Merrill Lynch, Lopez, Lira, Tang, Russell, BERT, Philip Morris, Gene Tipps, David Capablanca, Alpesh Patel, Praefinium, Patel, Capablanca, GPT's, it's, Cory Mitchell, would've, Mitchell, you'll, they're Organizations: University of Florida, of Florida's Department, Finance, Lira, Center for Research, Linux, NYSE, Nasdaq, GPT, Design, Cadence Design, Philip Morris Beats, Global, Global Operations, Dow Locations: GPT
Vcg | Visual China Group | Getty ImagesBEIJING — For foreign businesses in China, geopolitics hold more sway than new Chinese laws, according to analysts. Two new laws, one on espionage and the other on foreign relations, took effect July 1. In strictly legal terms, however, the legislative changes themselves don't increase the risk for foreign businesses in China, said Jeremy Daum, senior fellow at Yale Law School's Paul Tsai China Center. The website's translation of the Foreign Relations Law notes that foreign organizations in China "must not endanger China's national security, harm the societal public interest, or undermine societal public order." A House committee delegation discussed China business in their meeting with executives of high-profile U.S. tech and media companies in California in April.
Persons: Jeremy Daum, Yale Law School's Paul Tsai, Antony Blinken's, Michael House, Perkins, Daum, Mintz, It's, Alex Liang Anjie, Michael Hart, he's, Hart, Janet Yellen, Jens Eskelund, Alex Liang Organizations: Visual China, Getty, Yale Law, Yale Law School's Paul Tsai China Center, U.S, China, Foreign Relations, Mintz Group, Bain, Capvision Partners, Reuters, American Chamber of Commerce, Treasury, Companies, EU Chamber of Commerce Locations: BEIJING, China, Beijing, Washington, U.S, Shanghai, California, Broad
Los Angeles CNN —California has spent a stunning $17.5 billion trying to combat homelessness over just four years. “The problem would be so much worse, absent these interventions,” Jason Elliott, senior adviser on homelessness to Gov. David Swanson/AFP/Getty ImagesThe admittedly reductive math would leave nearly $4 billion for services like mental health treatment. Still, tackling mental health issues among the unhoused is a major plank in the Newsom administration’s effort. “One of the surprising things was how optimistic people were that relatively small amounts of money would have prevented their homelessness,” Kushel said of the people surveyed.
Persons: Jason Elliott, Gavin Newsom, , Elliott, , David Swanson, we’ve, “ It’s, CNN Cristina Smith, Dr, Margot Kushel, ” Kushel, Newsom, Karen Bass, Sam Liccardo, Dai Sugano, There’s, Kushel, Rather, “ We’ve, ” Elliott, molesters, gosh, Bass, “ They’re Organizations: Los Angeles CNN, Gov, CNN, Getty, Democrats, KCBS, , UCSF Center, California Gov, San Jose, Area, AP Locations: Los Angeles CNN — California, California, AFP, Los Angeles, America, San Jose, Angeles, LA, , Golden State
Are generative AI apps such as ChatGPT going to make us more productive, save us time, help us be healthier, smarter, happier? Generative AI is as real as it gets in terms of revolutionizing work, culture, and the nature of creativity. I root for generative AI not only as a tech executive but as a parent. If you spend some time with generative AI, you'll see it's pretty good already. Generative AI companies need to make a stand — will they pay for the sources of data they are ingesting daily?
Persons: Siri, Alexa, George Lucas, Google's chatbot, Anakin, Darth Vader, Adam Singolda Organizations: News
Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). The Ink Business Cash® Credit Card and the Ink Business Unlimited® Credit Card are offering $750 bonus cash back after you spend $6,000 on purchases in the first three months from account opening. If you're looking for a rewards business card, it's hard to go wrong with any of the Chase Ink Business credit cards. The Ink Business Cash® Credit Card stands out because it offers more rewards in popular business categories. If you're intrigued about the Ink Business Preferred® Credit Card, you should know that it offers more perks on the travel front.
Persons: Read, Wells, We're, Chase, you'll, that's, You'll, Holly Johnson Freelance, Holly Johnson, Johnson, Joseph Hostetler, Joseph, Guy Organizations: Chase Ink, Card Citi, Card, Target, Walmart, Citi, Chase, FDIC, Reading Chevron, Business, Sapphire, Ink, Chase Travel, United Airlines, Air, Hyatt, Virgin Atlantic, Rover, U.S . News, Club, Finance Locations: Air Canada, Europe, Delta, Chase, U.S
After two previous delays, Nauta hired attorney Sasha Dadan to represent him in the case. Like Trump, Nauta didn't have to post a bond and won't face restrictions on his travel as the case moves forward. Trump directed Nauta "to move boxes of documents to conceal them from Trump's attorney, the FBI, and the grand jury," the indictment alleges. Nauta is a longtime personal aide for Trump, who remains the frontrunner for the 2024 GOP presidential nomination. US District Judge Aileen Cannon, who Trump appointed when he was president, is expected to preside over the trial itself.
Persons: Walt Nauta, Sasha Dadan, Nauta, , Donald Trump's, Waltine, Stanley Woodward, Woodward, Edwin Torres, Dadan, He'd, Torres, wasn't, Trump, Jonathan Goodman, Trump's, Bruce Reinhart, Aileen Cannon, Cannon, Jack Smith Organizations: Service, MIAMI, Florida House, Trump, White, FBI, Navy, Department of Justice Locations: Fort Pierce , Florida, Miami, Florida, Newark , New Jersey, Hewas, Newark, Bedminster , New Jersey, Mar, White, Lago
What to know about nuclear power in the US
  + stars: | 2023-07-06 | by ( Zachary B. Wolf | ) edition.cnn.com   time to read: +8 min
Those developments, which might give anyone pause about the future of nuclear power, are counteracted by other headlines. The question of nuclear energy splits governmentsGermany made the decision to decommission all of its nuclear plants after disasters like Chernobyl and Fukushima. Nuclear power in the USAs of 2022, about 18% of US electricity is generated by nuclear power, according to the US Energy Information Administration. First, be very carefulI talked to one nuclear expert who said the US should be slow and methodical about nuclear power and another who argued there are multiple, public misperceptions about nuclear power that should be corrected. The more circumspect voice is Rodney Ewing, a Stanford University professor and expert on nuclear waste who was chairman of a federal review of nuclear waste procedures.
Persons: CNN’s Clare Sebastian, Larry, Joe Biden, Rodney Ewing, , I’ve, ” Ewing, , David Ruzic –, Ruzic, we’ve, ” Ruzic, “ It’s, it’s, Ewing Organizations: CNN, International Atomic Energy Agency, US Energy Information Administration, FirstEnergy Corp, Department of Energy, Stanford University, Bulletin, Atomic Scientists, University of Illinois, Lawmakers Locations: Russia, Ukraine, Europe’s, Japan, Georgia, Germany, Fukushima, France, CNN’s, China, Tennessee, California, Illinois
In this as-told-to essay, Lisa Grotts describes leaving San Francisco after years of loving it. I moved to San Francisco in 1984. San Francisco has changed a lotLisa Mirza Grotts said she never expected to move out of San Francisco. Now that I'm not a San Francisco taxpayer, I don't have to complain about what goes on. Did you leave San Francisco recently?
Persons: Lisa Grotts, , Lisa Mirza Grotts, It's, I'd, Willie Brown, I've, Grotts, Lauryn Haas Organizations: San, Service, Nordstrom, Safeway, lhaas Locations: San Francisco, Healdsburg , California, Williams, Sonoma, Healdsburg
A video showing aerial views of the WNBA Championship victory parade in Chicago in 2021 has been mislabeled in online posts mocking sparse turnout for the 2023 NBA Championship victory parade for the Denver Nuggets. “Nobody showed up to the Denver Nuggets championship parade,” read a tweet sharing the old footage (here). The city of Denver, which hosted the championship parade, estimated that 750,000 people attended (here). The full Denver Nuggets 2023 Championship parade footage shared by the NBA can be seen (here). Video shows the WNBA championship victory parade for Chicago Sky in 2021.
Persons: , Read Organizations: WNBA, Denver Nuggets, Facebook, Chicago Sky, Newsweek, Wintrust, Google, Chicago, NBA, Reuters Locations: Chicago, Michigan, Denver
Central banks to Wall Street: More pain is coming
  + stars: | 2023-06-23 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +6 min
New York CNN —Market euphoria in early June, spurred on by a pause in interest rate hikes by the Federal Reserve, is well behind us now. What’s happening: It’s been just over a week since the Federal Reserve paused its 14-month regimen of interest rate hikes to fight inflation. The Bank of England, meanwhile, surprised investors by raising interest rates in the UK by an outsized half of a percentage point. Central banks had been making smaller interest rate moves as inflation began to ease off of recent highs. Elsewhere in Europe, central banks in Norway and Switzerland also hiked rates to decade-high levels on Thursday.
Persons: We’re, It’s, Jerome Powell, ” Powell, Stocks, Scott Wren, Wells, , Samantha Delouya, Elon Musk, Mark Zuckerberg, Musk, Zuckerberg, Hanna Ziady, Alex Heath, , Paddy Power Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Central Bank, Nasdaq, Senate, Financial Services, The Bank of England, Bank of England, Fed, Commonwealth, 3M, WWE, Tech, Twitter, Meta, Locations: New York, Europe, Norway, Switzerland, ” Switzerland, United States, Wells Fargo, Las Vegas
News reports said information from more than 700,000 Calpers members and retirees was taken. The MOVEit software is widely-used by organisations around the world to share sensitive data. Genworth Financial was harder hit, saying personal information of nearly 2.5 million to 2.7 million of its customers was breached. "The personal information of a significant number of insurance policyholders or other customers of its life insurance businesses was unlawfully accessed," Genworth said. The MOVEit hack has hit several state and federal agencies.
Persons: PBI, Calpers, Genworth, Niket, Chris Sanders, Maju Samuel, Daniel Wallis Organizations: Genworth, PBI Research Services, U.S . Department of Energy, Washington DC, Thomson Locations: Calpers, Burlington , Massachusetts, Russia, Bengaluru, Washington
Meta Platforms CEO Mark Zuckerberg speaks about the Facebook News feature at the Paley Center For Media in New York on Oct. 25, 2019. For months, Meta has been working on a Twitter-like, text-based social media network that would compete with Twitter and the bevy of clone apps that have gained prominence since Elon Musk took Twitter private in 2022. News of the plans have inspired a public spat between Musk and Meta CEO Mark Zuckerberg, culminating in a joking challenge to engage in a physical "cage match" fight in Las Vegas. But given deep cuts to trust and safety teams at Meta and throughout the social media industry, content moderation may prove to be a challenge. Many advertisers fled Twitter after controversial content surged in the wake of Musk's acquisition.
Persons: Mark Zuckerberg, Meta, Elon Musk, Here's what's Organizations: Facebook, Paley Center For Media, Twitter, Elon, CNBC, Meta Locations: New York, Las Vegas
It's time to take some profits after Tesla's recent rally, Barclays said Wednesday. After seeing some downward pressure following its first-quarter earnings report in April, Tesla has surged 80% from that month's lows. "We believe the stock's recent rally can be best explained by the market's current AI-driven thematic trade, as well as excitement over recent announcements to open the TSLA Supercharger network to other brands," he said in a note to clients Wednesday. "Yet while we aren't surprised that the stock has participated in the rally, we believe it is prudent to move to the sidelines." But he said right now, fundamentals may be overlooked as investors buy into stocks with exposure to artificial intelligence amid skyrocketing interest in the technology.
Persons: Dan Levy, Tesla, Levy, there's, Linda Yaccarino, — CNBC's Michael Bloom Organizations: Barclays, Nasdaq, Nvidia, CNBC
Check out the companies making headlines in midday trading. Goldman Sachs — Shares declined 2.2% in midday trading. Avis — The car rental company surged more than 6%. Chevron , ExxonMobil — Energy giants Chevron and ExxonMobil slipped more than 2% each in midday trading. Dice Therapeutics — Shares surged 37% after Eli Lilly said it was acquiring the biopharmaceutical company for $2.4 billion.
Persons: Goldman Sachs, Avis —, Morgan Stanley, Avis, Jay Sole, Rivian, Eli Lilly, Alibaba, Daniel Zhang, Wells, Biden, , Jesse Pound, Alex Harring, Michelle Fox Theobald Organizations: UBS, Bank of America, Chevron, ExxonMobil — Energy, ExxonMobil, U.S . West Texas, Nike —, Rivian, Ford, GM, Intel, Bloomberg, Wall, JPMorgan Chase Locations: China, Brent, U.S, Germany, Wells Fargo, New York City
Gannett said this leaves Google with "exorbitant monopoly profits," and "dramatically less revenue" for publishers and its ad technology rivals. "Digital advertising is the lifeblood of the online economy," Gannett Chief Executive Mike Reed said in an opinion published in USA Today. Like many newspaper publishers, McLean, Virginia-based Gannett has struggled with falling ad revenue as more Americans, estimated at 86%, get news online. Gannett said digital advertising is a $200 billion business, up nearly eightfold since 2009, but newspaper ad revenue fell nearly 70% over that time. The case is Gannett Co v Google LLC et al, U.S. District Court, Southern District of New York, No.
Persons: Gannett, Mike Reed, Jonathan Stempel, Louise Heavens, Jonathan Oatis, Richard Chang Organizations: YORK, Gannett, U.S ., USA, Google, Alphabet Inc, European Union, U.S . Department of Justice, Gannett Co, Court, Southern District of, Thomson Locations: Manhattan, USA, View , California, U.S, Texas, McLean , Virginia, Southern District, Southern District of New York, New York
Opinion America Is Waking Up From a DreamWhen “Ted Lasso” premiered in 2020, it was supposed to rehab masculinity’s brand. “Ted Lasso” asked us to believe that we could rehabilitate American masculinity without rehabilitating the strictures of gender. “Ted Lasso” premiered near the aftermath of Trump’s presidency, with Covid still roaring. Ted asked Rebecca to hire a private detective to spy on his estranged wife and her new boyfriend. The “Ted Lasso” finale is satisfying fan service about the power of friendship, but altogether the uneven third season teaches us a more important lesson.
Persons: topick, “ Ted Lasso ”, Donald Trump’s, Ted, Ted Lasso ”, Keely, Rebecca, Jade, Trump’s, Covid, Ted Lasso, Ronald Reagan, witticisms, Kate Manne, Nate, Trump Organizations: for Disease Control, Prevention, Cornell, CNN, Mother’s, Trump Locations: America, American, British, Britain, U.S
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