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☆ Netanyahu’s visit to the US could be crucial to a ceasefire deal. But does he want one?
▼ + stars: | 2024-07-22 | by ( Jeremy Diamond | ) edition.cnn.com time to read: +7 min

But as detailed ceasefire negotiations aimed at turning a framework agreement into a final deal stretch into their third week, Netanyahu’s visit will still be critical to the prospects of a ceasefire in Gaza. Senior US officials say a deal is within reach, but the prospects of a deal may hinge on the answer to one key question: Does Netanyahu actually want a deal? And the right-wing coalition partners keeping him in power have threatened to bolt if Netanyahu cuts a deal that ends the war. And publicly, his rhetoric has undermined confidence in Israel’s commitment to reaching a deal that could end the war. And Netanyahu’s allies insist he is earnest in his desire to strike a hostage release deal – just the right deal, one that could allow Israel to resume fighting in Gaza.

Persons: Benjamin Netanyahu, –, Joe Biden’s, Netanyahu’s, Netanyahu, rebuffing, Biden, Antony Blinken, Joe Biden, Brendan Smialowski, Health –, Ronald Reagan, Donald Trump, Will Lanzoni, Netanyahu –, “, Israel, Bibi, ” Trump, Barak Ravid, ” Netanyahu Organizations: Israel CNN, Israeli, Gaza . Senior, Getty, Israel’s, Palestinian Ministry, Health, White, Israel, Republican, Convention, CNN, Trump, Republican National Convention Locations: Tel Aviv, Israel, Washington, Gaza ., Gaza, Israel’s, Egypt, AFP, Rafah, Milwaukee , Wisconsin

☆ 15 vice presidents who became president themselves
▼ + stars: | 2024-07-22 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

Fifteen former vice presidents have gone on to become president themselves. Some were unexpectedly inaugurated after the president's resignation, assassination, or illness. Others, like Joe Biden, ran for office after their terms as vice president ended. AdvertisementThroughout US history, 15 men who served as vice president have gone on to become president themselves. Some vice presidents had no choice but to assume office due to the death or resignation of their predecessors, like Lyndon B. Johnson after John F. Kennedy's assassination.

Persons: Joe Biden, —, Lyndon, Johnson, John F Organizations: Service, Business

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High-yield savings accounts are like traditional brick-and-mortar savings accounts, but they generally offer much higher rates. Featured Nationally Available Deposit RatesBest High-Yield Savings Accounts TodayThe best high-yield savings accounts will have a strong interest rate, good perks, and national accessibility. The Different Types of Savings AccountsThere are six types of savings accounts: traditional savings accounts, high-yield savings accounts, money market accounts, certificates of deposit, cash management accounts, and specialty savings accounts. Alternatives to High-Yield Savings AccountsHigh-Yield Savings Accounts vs. CDsThe best CD rates are comparable to the best high-yield savings account rates. High-Yield Savings Accounts vs. Money Market AccountsMoney market accounts are similar to high-yield savings accounts, but they typically make it easier to access your savings.

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☆ Lockheed Martin COO on the 2024 election, defense spending and F-35 delivery outlook
▼ + stars: | 2024-07-22 | 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 EmailLockheed Martin COO on the 2024 election, defense spending and F-35 delivery outlookCNBC’s Phil LeBeau and Lockheed Martin COO Frank St. John join 'Squawk Box' to discuss the 2024 election, state of defense spending, F-35 delivery timeline, impact of inflation, and more.

Persons: Lockheed Martin, Phil LeBeau, Frank St, John Organizations: Lockheed

☆ Automakers report earnings this week. GM is set to be the standout
▼ + stars: | 2024-07-22 | by ( Michael Wayland | ) www.cnbc.com time to read: +4 min

That compares to LSEG estimates for Ford Motor that call for adjusted earnings per share of 68 cents for the second quarter, down 5.2% from the second quarter of 2023. Ford is scheduled to report Wednesday afternoon after markets close, followed by Chrysler parent Stellantis , which reports earnings biannually, releasing its first-half results Thursday morning. Stock Chart Icon Stock chart icon GM, Ford and Stellantis stocks in 2024. "Both are expected to raise 2024 guidance." Evercore still expects a "solid" second quarter for Ford, though, trending toward the upper half of its previously announced 2024 guidance.

Persons: Mary Barra, Ford, Dan Levy, Chris McNally, Itay Michaeli, Jim Farley, Michael Wayland, Carlos Tavares, Natalie Knight, Stellantis Organizations: New York Stock Exchange, NYSE DETROIT —, Motors, Detroit, America's, GM, Ford Motor, Chrysler, Ford, Barclays, Citi, CNBC Locations: Detroit, North America, Europe, Auburn Hills, Mich

☆ US Navy aviator scores first air-to-air victory by American female fighter pilot
▼ + stars: | 2024-07-22 | by ( Brad Lendon | ) edition.cnn.com time to read: +3 min

CNN —A US Navy fighter pilot has become the first American woman to score a victory in air-to-air combat, the service has revealed. The first air-to-air victory by a female pilot comes 30 years after Lt. Kara Hultgreen became the first carrier-based female fighter pilot in the Navy, flying the F-14 Tomcat off the USS Abraham Lincoln that year. US Navy fighter pilot Kara Hultgreen poses with a Grumman F-14 Tomcat, in an undated photo. AP/FileThe Eisenhower-led carrier strike group returned to US bases on July 14 after a nine-month deployment, an exceptionally lengthy deployment for a carrier. “We proved over and over again that the flexibility a carrier strike group brings to the fight is unmatched,” Hoch said.

Persons: Dwight D Eisenhower, Eisenhower, Kara Hultgreen, Abraham Lincoln, Cmdr, Jason Hoch, “, ” Hoch, Israel Organizations: CNN, US Navy, Hornet, Fighter Squadron, Hamas, Carrier Strike, Prosperity Guardian, ISIS, Navy, Eisenhower, Grumman, VFA, Red, Houthi Locations: Yemen, Gaza, Iran, Israel, United Kingdom, United States, Tel Aviv

☆ A US Navy carrier strike group fired nearly 800 missiles and bombs during its Red Sea fight against the Houthis
▼ + stars: | 2024-07-22 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewUS Navy warships and aircraft attached to a carrier strike group that spent months battling the Houthis fired off nearly 800 munitions during their restless Middle East deployment. The Eisenhower strike group recently returned from its deployment, but another carrier, the Truman, and additional warships are replacing it. US Navy photo by Mass Communication Specialist 1st Class Jonathan WordThe warships launched 155 Standard surface-to-air missiles, used to intercept missiles or drones, and 135 Tomahawk missiles, used to hit targets on land, during the deployment. REUTERS/Hamad I MohammedHowever, by mid-April, the Navy revealed that the strike group had already launched some $1 billion worth of missiles. The strike group returned to the US earlier this month, following what Navy officers and leaders described as an "unprecedented" and "historic" nine-month-long deployment.

Persons: —, Dwight D, Eisenhower, Truman, Jonathan Word, Ike, Hamad, Mohammed, Adm, George Wikoff Organizations: Service, Navy, Eisenhower Carrier Strike Group, Business, Eisenhower, Hornet, EA, REUTERS, 5th Fleet Locations: Iran, Gulf, Aden, Red, Yemen

☆ RFK wanted a White House job in exchange for endorsing Trump: report
▼ + stars: | 2024-07-22 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +1 min

RFK Jr. reportedly offered to endorse Trump in exchange for a White House post. Kennedy wanted to manage healthcare issues, despite his well-known stance as a vaccine skeptic. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRobert F. Kennedy Jr. is mired in another scandal, as he floated the idea of endorsing Donald Trump's presidency in exchange for a future job at the White House, four sources told the Washington Post. According to the anonymous sources, Kennedy, the independent presidential candidate, hoped to manage a slate of health and medical issues.

Persons: Trump, Kennedy, —, Robert F, Kennedy Jr, Donald Trump's Organizations: RFK Jr, Service, White, Washington, Business Locations: Milwaukee

☆ Donald Trump is now the oldest party nominee for president in US history
▼ + stars: | 2024-07-21 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

At 78 years old, former President Donald Trump is now the oldest nominee running for president. Joe Biden, 81, dropped out of the race on Sunday and endorsed Vice President Kamala Harris, 59. If she becomes the Democratic nominee, Harris' age could be an advantage against Trump. AdvertisementNow that President Joe Biden has dropped out of the 2024 race, Donald Trump, 78, is the oldest nominee of the two major parties to ever run for president. Biden, 81, was already the oldest president in US history when he took office at age 78.

Persons: Donald Trump, Joe Biden, Kamala Harris, Harris, —, Biden, Robert F, Kennedy Jr Organizations: Democratic, Trump, Service, Business

☆ Biden just made the hardest decision any politician can make
▼ + stars: | 2024-07-21 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —President Joe Biden ran for reelection to save democracy. “It has been the greatest honor of my life to serve as your President,” Biden said in a letter he posted to X on Sunday afternoon. His struggles validated concerns of majorities of voters that he would be too old for a second term that would have ended when he is 86. But in the end, Biden could not find a way to make voters unsee the poignant picture of an 81-year-old commander in chief who appeared to have seriously declined and was stumbling in the debate. Years earlier, in March 1952, Harry S. Truman, another Democratic president, had decided not to seek his own second term.

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☆ Israeli jets strike Houthi targets in Yemen after Tel Aviv attack
▼ + stars: | 2024-07-21 | by ( ) www.cnbc.com time to read: +2 min

A giant fire erupts at an oil storage facility following Israeli strikes in Yemen's Houthi-held port city of Hodeida on July 20, 2024. Israeli warplanes struck the Houthi-controlled Yemeni port of Hodeida on July 20, a day after a drone attack by the Houthi rebels killed a civilian in Tel Aviv, both sides said. Israeli fighter jets struck Houthi military targets near Yemen's Hodeidah port on Saturday, killing at least three people and wounding 87, a day after a drone launched by the Iranian-backed group hit Israeli economic hub Tel Aviv. Houthi military spokesperson Yahya Saree said the Houthis "will not hesitate to strike vital targets of the Israeli enemy." On Friday, a long-range Iranian-made drone launched from Yemen hit the center of Tel Aviv in an attack claimed by the Houthis, killing one man and wounding four others.

Persons: Yemen's, Israel, Yahya Saree, Yoav Gallant Organizations: Reuters, Political, Hamas, Israeli Locations: Yemen's, Hodeida, Tel Aviv, Israeli, Iranian, Iran, Israel, Yemen, Gaza, Hodeidah

☆ Biden endorses Harris to be the next Democratic presidential nominee
▼ + stars: | 2024-07-21 | by ( Arit John | ) edition.cnn.com time to read: +9 min

The historic endorsement came after Biden announced Sunday that he is dropping out of the race following weeks of disarray within the Democratic Party. My very first decision as the party nominee in 2020 was to pick Kamala Harris as my Vice President. Despite the president’s backing, it remains unclear whether Harris will become the nominee, or what process the Democratic Party would take to select an alternative. Dmitri Mehlhorn, a Democratic political strategist advising several big-money backers, released a statement Sunday following Biden’s withdrawal supporting Harris. After she dropped out, Harris became a prominent surrogate for Biden before being named his vice presidential pick in August 2020.

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One, in particular, summed up the mood among Biden’s donors, he said. After weeks of turmoil over the future of the Democratic ticket, Kessler said the campaign donors he’s courted as a bundler for Biden’s campaign are turning their full attention to Harris and committing to work on her behalf. On Sunday afternoon, the Biden campaign filed paperwork with federal election regulators, transforming itself into the “Harris for President” committee. Lindelof was among the contributors who had called on fellow Democratic donors to stop writing campaign checks. Morgan had planned a fundraiser for the Biden campaign in Florida, but those plans had been put on hold because of the tumult unleashed by the June 27 debate .

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☆ Trump says he loves Elon Musk even though he never heard of the $45 million-a-month donation plan from the billionaire
▼ + stars: | 2024-07-21 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Read previewDuring a rally in Michigan on Saturday, Donald Trump had high praise for Elon Musk, calling the Tesla CEO a "great" and "brilliant guy." Musk came out with an endorsement of Trump on July 13, the day of the assassination attempt. "I read — I didn't even know this, he didn't even tell me about it, but he gives me $45 million a month," Trump said. Related storiesDuring the Saturday rally, Trump said he thinks electric cars are "incredible, but they're not for everybody." It will only help Tesla," Musk said on X on July 16.

Persons: —, Donald Trump, Elon Musk, Musk, Trump, Elon, DJT, they're, Biden, Tesla Organizations: Service, Trump, Street, Business, Environmental Protection Agency, Twitter Locations: Michigan

☆ In a Taiwan war, the US could find itself fighting China without its top allies
▼ + stars: | 2024-07-21 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

The study excluded nations that already faced a risk of direct conflict with China, the US and their respective allies. On the other hand, America's top allies don't share American fears that a massive Chinese military buildup and Chinese leader Xi Jinping's avowed determination to "reunify" Taiwan with China are steps toward war, but rather may be nationalistic posturing. AdvertisementYet if Japan, Australia, Britain and Canada are reluctant to confront China, there are actions they can take to help Taiwan. In addition, the four middle powers could play a role in mediators to prevent a Taiwan war from happening. "To build credibility with both great powers, the four middle powers need to rebuild and bolster their strategic autonomy, material power, and commitment to the Asia-Pacific region."

Persons: Rafiq Dossani, isn't, Xi Jinping's, China's, Dossani, Michael Peck Organizations: Service, America's, RAND Corp, RAND, Business, Taiwan's Ministry of Foreign Affairs, Canada, Chinese Communist Party, NATO, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Taiwan, China, Japan, Australia, Canada, American, South Korea, India, Beijing, Asia, South China, Pacific, Okinawa, East China, Britain, Europe, Forbes

Gavin Newsom of California, had previously said he would not challenge Ms. Harris. He often rambles incoherently in interviews and at campaign rallies and has confused names, dates and facts just as Mr. Biden has. Mr. Biden consistently maintained that his experience was an advantage, enabling him to pass landmark legislation and manage foreign policy crises. He maintained that he was the Democrat best equipped to defeat Mr. Trump given that he did so in 2020. On the international front, Mr. Biden revitalized international alliances that frayed under Mr. Trump, rallying much of the world to stand against Russia’s unprovoked invasion of Ukraine.

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☆ Earnings playbook: Your guide to a busy week of earnings, including Alphabet and Tesla
▼ + stars: | 2024-07-21 | by ( Fred Imbert | ) www.cnbc.com time to read: +7 min

What history shows: Data from Bespoke Investment Group shows GM beats earnings expectations 87% of the time. Tesla is set to report earnings after the close. What history shows: Bespoke data shows GM beats earnings expectations 62% of the time. What history shows: Ford earnings exceed estimates nearly 70% of the time, according to Bespoke. This quarter: Earnings for the airline are expected to have fallen more than 10% from the year-earlier period, per LSEG.

Persons: Michael Wayland, Tesla, Elon Musk, Dan Levy, Ben Kallo, Benjamin Black, Jim Farley, Matthew Swanson, Swanson, AAL, Leslie Josephs Organizations: Big Tech, Google, Ford Motor, IBM, General Motors, CNBC, Tuesday, GM, Investment Group, LSEG, Barclays, Energy, Deutsche Bank, Wednesday Ford, Ford, Ford Pro, RBC, Thursday, Airlines, American Airlines, Investors Locations: China

☆ From the Playing Field to Wall Street
▼ + stars: | 2024-07-20 | by ( Ken Belson | ) www.nytimes.com time to read: 1 min

That scene spread quickly online — it was even featured on the Hot Topics segment of “The View” — and Jason Kelce has since become something of a social media star. Building on the success of the popular podcast the brothers host and the Campbell’s Soup commercials they have starred in with their mother, he has regularly appeared in ads for hot sauce, charcoal and other consumer products. But since retiring from the N.F.L. in March, what happens for Jason off-mic and off-camera has become increasingly important. Since 2019, Mr. Kelce has personally invested in 20 companies, including some of the ones he represents in ads.

Persons: Jason Kelce, Jason, Kelce Locations: Cholula

☆ Super Hornet pilot who battled the Houthis became 1st US female aviator to score an air-to-air kill, Navy says
▼ + stars: | 2024-07-20 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

Read previewAn F/A-18F Super Hornet pilot from Strike Fighter Squadron (VFA) 32 made history by becoming the first US female pilot to score an air-to-air kill, according to a Navy press release. The pilot was not named, and further details on the weapon used to take down the target were not provided. Manufacturer Boeing calls the Super Hornet "the backbone" of the Navy carrier air wing. Related storiesThe female pilot's kill wasn't the only historic air-to-air shot during the Red Sea battle. An E/A-18G Growler squadron that was also stationed aboard the USS Dwight D. Eisenhower became "the first Growler squadron in Navy history to score an air-to-air kill," per another Navy press release.

Persons: —, Dwight D, Eisenhower, Cmdr, Carl Ellsworth Organizations: Service, Strike Fighter Squadron, Navy, Eisenhower, Business, AIM, Prosperity Guardian, Hornet, Boeing Locations: Gaza, The Virginia, Houthi, Yemen

☆ Ukraine's Air Force must ditch its Soviet-style approach to get the most out of F-16s
▼ + stars: | 2024-07-20 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

But only if the battered Ukrainian Air Force is capable and willing to drastically change the way it fights in the middle of the war. Finally, Ukrainian Air Force leadership must be incorporated into the Ukrainian General Staff to foster and facilitate integrated, all-domain concepts, planning, and employment." "The bottom line is that it will not be easy," Deptula, a retired US Air Force lieutenant general, told Business Insider. "It will take years for the Ukrainian military culture to shift from the model based on their Soviet military history, to Western military doctrine." For example, ground-based artillery and rockets can destroy Russian air defense systems, which enables Ukraine's air force to operate over the battlefield, and thus provide close air support to the army.

Persons: David Deptula, Christopher Bowie, Nichols, Goldwater, interservice, —, Mitchell, Deptula, Michael Peck Organizations: Service, Ukrainian Air Force, Ukrainian Armed Forces, Mitchell Institute, Ukrainian, Staff, US Air Force, Russian Air Force, Goldwater, Navy, Joint Chiefs, Missions, Army, Marines, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, Russia, Soviet, Grenada, Ukrainian, Forbes

Here are the best mortgage lenders for first-time homebuyers and the affordable loans they offer, as chosen by Business Insider editors in 2024. If you're a Bank of America Preferred Rewards customer, you can get discountsCheck mark icon A check mark. Offers many unique types of mortgagesCheck mark icon A check mark. Low Cost Mortgages come with only $295 in closing costsCheck mark icon A check mark. Mortgage credit certificatesSome HFAs also offer mortgage credit certificates to first-time homebuyers.

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☆ Democratic consensus solidifies around Harris, should Biden step aside
▼ + stars: | 2024-07-20 | by ( Edward-Isaac Dovere | Lauren Fox | ) edition.cnn.com time to read: +11 min

But if that suddenly changes, two dozen leading Democratic politicians and operatives told CNN, they can’t realistically see this ending any other way. Still, it’s an idea some Harris backers support, doubting that anyone serious would challenge her, as much chest puffing as there is behind the scenes. Multiple Democratic members of Congress who have called for Biden to go declined on Friday when asked by CNN if they were ready to say they want Harris to be the nominee. “I do believe it has to be the vice president. Biden’s hand would matterFew can conceive of Biden stepping aside and not tapping his running mate to take over.

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☆ Alphabet earnings and 3 more things we're watching in the stock market next week
▼ + stars: | 2024-07-20 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

But in general, this is the kind of development we've hoped to see ever since Starbucks' massive earnings miss April 30. We'll take the nearly 7% pop in shares Friday and hope it's only the beginning of recovery for the beaten-up stock. Fed's fave inflation measure : The personal spending and income report will be the most closely watched economic report next week. Earnings : As the second-quarter earnings season picks up pace, we'll hear from five Club holdings next week including Google parent Alphabet . Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

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☆ Europe has shown it's less afraid of calling Putin's bluff than the US and getting Ukraine what it needs to fight Russia
▼ + stars: | 2024-07-19 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +15 min

Many European countries have also given more as a proportion of their GDP than the US has. AP Photo/Peter DejongIn early 2023, France became the first Western country to promise to send Ukraine Western armored combat vehicles. European countries have also led in letting Ukraine use Western weapons to hit military targets in Russia. But there are still hangups, and some European countries want partner support for Ukraine to go much further. He said that for most Americans, "if you ask them to name five European countries, they probably wouldn't be able to do it."

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