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Ms. Harris told The Washington Post in 2019 that she had long been comfortable with her racial identity. Ms. Harris joined Alpha Kappa Alpha, a sorority for Black women, at Howard University, a historically Black university. Ms. Harris failed California’s bar exam on her first attempt in July 1989, according to her autobiography, and received a letter in November that she had failed, “to my utter devastation.” While she did not address her subsequent exams in the book, Ms. Harris was admitted to the bar in June 1990. Mr. Trump is taking outsize credit. It is also worth noting that Mr. Trump did not request the increased funding that the schools received.
Persons: Donald J, Trump, Kamala Harris, Harris, Abraham Lincoln, Said, I’ve, , Ms, , Obama ”, ” Mr, Harris’s, Said “, California’s, , Lyndon B, Johnson, Biden Organizations: Wednesday, National Association of Black Journalists Convention, National Association of Black Journalists, Washington Post, Indian American, Alpha Kappa Alpha, Howard University, Black Law, Association, University of California Hasting College of Law, Los Angeles Times, San Francisco Examiner, San, H.B.C.U.s, Democrats, Democratic, Republicans, Civil, Mr, Black Americans, Congressional Research Service, The New York Times, of Labor Statistics, New York Times Locations: Chicago, Indian American, California, San Francisco, American, Black, Los Angeles, Asian, The California,
Meta shares pop 6% on earnings beat, rosy revenue forecast
  + stars: | 2024-08-01 | by ( Ashley Capoot | In | ) www.cnbc.com   time to read: +3 min
Meta shares jumped 6% on Thursday after the company reported second-quarter earnings that beat Wall Street's expectations and offered a rosy revenue forecast. Revenue in the period increased 22% to $39.07 billion from $32 billion a year earlier, Meta said late Wednesday. The analysts note that Meta's capital expenditures are increasing because of AI infrastructure spend, but it is driving "tangible business results." There are also newer generative AI products that have the potential to open revenue opportunities over multiple years, they said. Barclays analysts wrote in a note Wednesday that Meta is executing at "arguably the best pace of any company in digital advertising."
Persons: Meta, Mark Zuckerberg, Susan Li, Zuckerberg, Baird, capex, — CNBC's Michael Bloom, Jonathan Vanian Organizations: Meta, Bank of America, Barclays
CNN —Maybe a hug from a parent no longer solves problems for a teen as it did in their childhood. But when it comes to teenage mental health, adults can do a lot to help, according to new data. The survey found that 1 in 6 parents have a hard time comforting and communicating with their teen. ridvan_celik/E+/Getty ImagesThe worsening mental health and rising stakes of teens often puts parents in a difficult place. That scenario is why it’s important for parents and caregivers to have their own mental health resources, said Dr. Whitney Trotter, a doctor of nursing practice, psychiatric and mental health nurse practitioner and registered dietitian in Austin, Texas.
Persons: , Lisa Damour, , Damour, Stephanie Marken, Whitney Trotter, Laurence Steinberg, , they’ll, ” Damour, Marken, Trotter, ” Marken, “ It’s Organizations: CNN, Walton Family Foundation, Gallup, Adolescents, Social, Temple University, Locations: Ohio, Austin , Texas, Philadelphia
Eating processed meat regularly is linked to a higher risk of dementia, new research suggests. Cutting back on hot dogs and ham in favor of eating beans, nuts, and tofu may protect brain health. Processed meat has been linked to a higher risk of cancer and heart disease due to preservatives. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementEating beans instead of bacon could help stave off cognitive decline, new research suggests.
Persons: Organizations: Service, International Conference, Harvard, of Public Health, Business Locations: Chan
Prickles have been around for at least 400 million years, dating back to when ferns and their relatives emerged with some bearing prickles on their stems. Lonely Guy genesBy removing prickles from various species, including roses and eggplants, the authors found that a LOG gene was responsible for the prickles in about 20 types of plants studied. LOG-related genes are found in all plants, even dating back to mosses, which are regarded as the first dry-land plant, Lippman said. “(LOG genes) have been repeatedly co-opted (a biological shift in a trait’s function) in different plant species for the formation of prickles, and also repeatedly lost in lineages where prickles are lost. For agricultural purposes, removing prickles could make harvesting easier and pave the way to get lesser-known produce into grocery stores.
Persons: munch, Zachary Lippman, , Lippman, Guy, It’s, ” Lippman, , Tyler Coverdale, ” Coverdale, Coverdale, , Vivian Irish Organizations: CNN, Laboratory, University of Utah, Wings, Howard Hughes Medical Institute, University of Notre Dame, Yale Locations: Long, , New York, Yale University’s, Australia
US stocks nosedived on Thursday after several discouraging economic data points. The ISM manufacturing index dropped from 48.5% in June to 46.8% in July, marking an eight-month low. Investors are pricing in a 100% chance of Fed rate cuts in September, according to the CME FedWatch tool. Meanwhile, new data shows ISM manufacturing slid further into contraction territory in July. Jensen Huang just got $12 billion richer in a single day as Nvidia's stock soared on Wednesday.
Persons: , Jerome Powell, Jensen Huang Organizations: Service, Reuters
30-year fixed-rate mortgagesIn 2022, the average 30-year fixed rate mortgage rate was 4.3%, while the current rate is 6.9%, per Mortgage News Daily. Total monthly difference: $42New vehicle financingIn 2022, new auto loans had an average interest rate of 5.2% while the current average is 7.3%, per Edmunds data. For a 60-month financing of around $40,000, monthly payments have increased from $759 to $798. Total monthly difference: $39Credit cardsIn 2022, the average credit card interest rate was 16.3%, while the current rate is 20.7%, per Bankrate data. Total monthly difference: $19
Organizations: Federal Reserve, Fed, Mortgage Locations: Edmunds
The first Wayfair brick-and-mortar store prepares to open on May 02, 2024 in Wilmette, Illinois. Online home goods company Wayfair saw sales decline in its fiscal second quarter as its CEO likened the current slowdown in the home goods category to the 2008 financial crisis. "Our credit card data suggests that the category correction now mirrors the magnitude of the peak to trough decline the home furnishing space experienced during the great financial crisis," Wayfair CEO Niraj Shah said in a news release. "Customers remain cautious in their spending on the home." The company saw adjusted EBITDA of $163 million during the quarter, still below the $168 million that Wall Street had expected, according to StreetAccount.
Persons: Niraj Shah, tailer, Wayfair, they've, Kate Gulliver, Jerome Powell, Shah Organizations: LSEG, CNBC Locations: Wilmette , Illinois
3-Stock Lunch: Meta, Amazon and Intel
  + stars: | 2024-08-01 | 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 Email3-Stock Lunch: Meta, Amazon and IntelDavid Trainer, New Constructs CEO, joins 'Power Lunch' to discuss stock plays for three stocks.
Persons: Intel David Organizations: Intel
CNN —Chrissy Teigen has shared that her six-year-old son Miles has been diagnosed with type 1 diabetes. Teigen, who has four children with EGOT-winner John Legend, wrote about their son’s diagnosis on Instagram after some commenters noticed that Miles appeared to be wearing a diabetes monitor in a photo with Teigen and his sister, Luna, 8, at the Paris Olympics. “A lot of you noticed something a little special about a photo I posted a few days ago,” she wrote. “You noticed his type-1 diabetes monitor and extended so much love and encouragement in every way possible.”Teigen said Miles was diagnosed just a couple of weeks ago, when he was “sick, in the hospital” with an unrelated infection. Type 1 diabetes is “a disease of high blood sugars due to a deficiency of insulin production,” according to Dr. Otis Brawley, Chief Medical Officer of the American Cancer Society.
Persons: Chrissy Teigen, Miles, Teigen, John Legend, Luna, , , ” Teigen, I’ve, , Otis Brawley Organizations: CNN, Paris, American Cancer Society
Indexes slid on Thursday despite a strong earnings report from Meta that sent the stock soaring. New jobless-claims data beat expectations and approached a one-year high, stoking economic concern. Investors are pricing in a 100% chance of Fed rate cuts in September. Shares of Meta soared as much as 11% after the company beat earnings estimates in the most recent quarter and raised its full-year revenue guidance. Qualcomm also beat earnings expectations but saw its stock down 3% Thursday.
Persons: , Jerome Powell, Powell Organizations: Service, Meta, Wednesday's, Qualcomm, Here's Locations: Meta
Trenton, New Jersey AP —New Jersey’s ban on the AR-15 rifle is unconstitutional, but the state’s cap on magazines over 10 rounds passes constitutional muster, a federal judge said Tuesday. “Bans on so-called ‘assault weapons’ are immoral and unconstitutional. He added: “We look forward to pressing our arguments on appeal.”Several challenges to state assault weapons bans have cited the Bruen decision. A gun rights group has challenged Connecticut’s landmark 2013 gun control law, passed after the Sandy Hook Elementary School shooting, that bans assault weapons, including certain AR-15-style rifles and large capacity magazines. The state’s assault weapons ban dates to 1990 and includes various other weapons, but Sheridan focused on the Colt AR-15, citing the plaintiffs’ concentration on that weapon in their court filings, and the law specifying that make of the rifle.
Persons: Peter Sheridan’s, Sheridan’s, Sheridan, , Sandy, , Brandon Combs, Matt Platkin, Phil Murphy, Murphy, ” Murphy Organizations: Trenton , New Jersey AP, District of Columbia, Elementary, Firearms Policy Coalition, New, Sandy, National Association for Gun Rights, Democratic Gov Locations: Trenton , New Jersey, Jersey’s, New York, Los Angeles, Newtown , Connecticut, United States, New Jersey
One moment, Dorothy Peteet stood on a mat of squishy grass in Idlewild marsh, on the edge of Jamaica Bay in southern Queens. The next moment she sank to her hips in the cool, sulfuric muck. “Yes, this happens,” Dr. Peteet, one of the world’s foremost experts on marshes, said. “I don’t think I remembered to bring any towels.”A saltwater marsh is an in-between place. For centuries, New Yorkers viewed Jamaica Bay’s swamps as smelly barriers to progress, fit to become garbage dumps only when they couldn’t be drained and paved into highways and airports.
Persons: Dorothy Peteet, , , Peteet Organizations: diamondback terrapins Locations: Idlewild, Jamaica Bay, Queens, Yorkers, Jamaica
Kohl's plans to have 200 Babies R Us shops in its stores by the end of September. CEO Tom Kingsbury estimated in late May that those expanded categories, including Babies R Us, are "a $2 billion-plus sales opportunity" in the coming years. On a store tour in New Jersey on Wednesday, Chief Merchandising Officer Nick Jones showed off the first Babies R Us shop. Over the past few weeks, online shoppers have also seen Babies R Us on Kohl's website. Jones said Kohl's will decide whether to open Babies R Us in more stores after learning from the first 200 shops.
Persons: hasn't, Tom Kingsbury, Nick Jones, Hatch, Frida, Graco, Baby Bjorn, Kohl's, Jones, That's, Dana Telsey, There's, Stephen Hinz, They're, Hinz, Macy's, Zola, Babylist, Kingsbury Organizations: U.S, U.S . National Center for Health Statistics, Nike, Telsey Advisory, U.S . Census, Walmart, CNBC Locations: N.J, Wisconsin, New Jersey, U.S, Bath
A Toyota logo is seen at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. Toyota Motor said on Thursday it posted a 17% rise in first-quarter operating profit, as the Japanese automaker got a boost from cost reduction efforts and a weak yen that helped offset lower sales and production volume at home. The world's top-selling automaker said operating profit for the three months through June totaled 1.3 trillion yen ($8.70 billion), matching the average of six analyst estimates compiled by LSEG. Toyota maintained its forecast of 4.3 trillion yen profit for the full year, versus a 5.3 trillion yen average of 18 analyst estimates. Toyota's share price, which was down 5.5% just before the earnings release, fell further immediately afterward and was down 8.4% at 2,702 yen by 0446 GMT.
Persons: LSEG Organizations: New York, Auto, Toyota, Lexus Locations: Manhattan , New York City, U.S, Japan, China
Moderna lowered its annual sales forecast as sales of its COVID-19 vaccine dropped by 37%. The company's vaccine sales struggled especially in Europe, where Pfizer has a deal until 2026. AdvertisementPeople are getting fewer COVID-19 shots, and it's hitting former vaccine heavyweight Moderna, new earnings show. The company's second quarter revenue dropped to $241 million, compared to $344 million a year ago, as sales of its COVID-19 vaccine dropped 37% year-over-year. Moderna also lowered its sales forecast for the year to between $3 billion and $3.5 billion, down from its previous forecast of around $4 billion.
Persons: , it's, Stephane Bancel Organizations: Moderna, Pfizer, Service Locations: Europe, Moderna, Covid
AdvertisementLong days for the two-men crewAn interior view of the Sailing Location yacht. Lily Davison and Nik Dorward wear multiple hats on their trips, doing everything from cooking to acting as tour guides. Tops other hospitality jobsA coconut drink served on board Sailing Location. AdvertisementAnd they haven't had any nightmare guests, Davison said, unlike when she was on "Below Deck Med." Nik Dorward and Lily Davison aboard the Sailing Location yacht.
Persons: , Lily Davison, Nik Dorward, Davison, It's, Dorward, Pablo Escobar's, James Bond's, they've Organizations: Service, Business Locations: Bahamas, Nassau , New Providence, Norman's, Staniel Cay, Florida
AdvertisementYet when and how ICE agents use deadly force has long been shrouded in secrecy. ICE agents shot people in public places, such as traffic intersections and strip-mall parking lots. Yet in over half of the shootings we identified, ICE agents never made an arrest. But Ramos still became one of dozens of people on the receiving end of an ICE agent's deadly force. A significant number of the shootings documented in the logs happened while ICE agents were off-duty or in plain clothes.
Persons: Nemesia Martinez, wouldn't, Martinez, Gabino Ramos Hernandez, Ramos, Ramos wasn't, Soledad Ramos Hernandez, Ramos's, Soledad, Timothy Ivy, Donald Trump, We've, Ramos —, Chuck Wexler, haven't, Genia, Miguel Alvarez, Alvarez, Jake Driskell, Driskell, Phillip Causey, Causey, Laurel Police Department Ramos, gurney, Mario Bass, Bass, Prince William, Bryan Cox, Bradley Epley, Epley, Rueben Coray, Hector Santana, Santana, who'd, Othello Jones, Jones, Johnathan Liddell, Douglas, Ryan Leonard, Joe Biden, García Ramos, it's, they're, he'd, Leo Clemons, Doctors, Clemons, Ramos moans, wasn't, Bailey C, Martin, Prince William County, HSI, Chris Baroni, Ronaldo Gonzalez, Gonzalez, Baroni, Jerry Robinette, General, OPR, Gretta Goodwin, Robinette, doesn't, Goodwin, Tommy Cox, Donald Trump's, reining, Jennifer Chacón, Biden, Timothy Cerniglia, Cerniglia, Hernandez's, hasn't, Business Insider Ramos, He's, Loevy Organizations: Investigations, Business, Customs, Laurel, Facebook, ICE, Immigration, Homeland Security Investigations, New York City Police Department, Los Angeles Police Department, Department of Homeland Security, Police, Research, New, Immigrant Defense, DHS, Border Patrol, Laurel Police Department, Mississippi Bureau of Investigation, Nissan, Ramos, FBI, Justice Department, Denver, Phoenix, Border Protection, Maricopa County Attorney's Office, General's, Department of Justice, Force, Ohio State University Moritz College of Law, Mississippi Bureau of, MBI, Laurel Police, NBC, Sheriff's, ICE's Homeland Security Investigations, Scottsdale police, Howard Center, Investigative Journalism, Arizona State University, Attorney's, Federal Homeland Policy, Maricopa County DA, Firearms, ICE's, Homeland Security, Justice, DHS's Office, Army, Center, New American Security, Congress, Stanford Law School, Ohio State Law, Trump, White, GAO, Service, Biden's, Ohio State, Business Insider, Fund, Journalism Locations: Jackson, Laurel, Laurel , Mississippi, Woodbridge , Virginia, New York, Puebla, Mexico, Mississippi, United States, Arizona, Phoenix, Dumfries , Virginia, Nashville, Denver, arm's, Maricopa, Mesa , Arizona, Maricopa County, Lithia Springs , Georgia, Soledad, Metairie , Louisiana, Jefferson, Virginia, Scottsdale , Arizona, Scottsdale, Chula Vista , California, Washington , DC, Africa, New American, Oaxaca
One day after federal prosecutors announced that they had struck a plea deal with three men accused of plotting the Sept. 11, 2001, attacks, New Yorkers and family members of victims had mixed reactions to the sudden news. Under the agreement, the three men — including Khalid Shaikh Mohammed, the accused mastermind — will serve life in prison but avoid a death-penalty trial. “If Khalid Shaikh Mohammed doesn’t deserve the death penalty, who does?” said Don Arias, a retired Air Force lieutenant colonel, whose brother Adam was killed in the World Trade Center. From his home in Florida, Mr. Arias, 67, remembered days of searching for his brother before his remains were identified. Mr. Arias was upset about the plea deal, and especially about the sense that people seemed to have lost interest in an act of terrorism that claimed nearly 3,000 lives and shattered Americans’ sense of security.
Persons: Khalid Shaikh Mohammed, , Khalid Shaikh Mohammed doesn’t, , Don Arias, Adam, Arias, Organizations: Air Force, World Trade Locations: Yorkers, Florida
But Patricia Mahan and Dan Matarazzo, from the US, have opted to do it twice in the past two decades. The retired pair, who’ve been married for 37 years, left the States for Mexico in 2006, before swapping Mexico for Greece last year. “When we first moved to our little stone house, all our neighbors brought over gifts of food and produce,” says Mahan. The couple say they’ve tried to put them own stamp on it while “honoring its traditional style,” adding skylights and repainting the walls. ‘Older culture’The couple often go on hikes together and spend afternoon at the beach either swimming or reading.
Persons: Patricia Mahan, Dan Matarazzo, who’ve, , , Mahan, Patricia, Dan, Matarazzo, I’ve, San Miguel de Allende, I’ll, they’d, ” Patricia, Dan “, “ Kritsa, Sofia, , , they’ve, ” Mahan, Dan One, it’s, you’re, United States … ”, hasn’t, “ You’ve Organizations: CNN, Locations: States, Mexico, Greece, Tucson , Arizona, Kritsa, Crete, New Jersey, San Miguel, , Santa Fe , New Mexico, Agios Nikolaos, , Scandinavia, France, America, United States
While Michigan, Washington, Minnesota, Texas and California already had laws regulating deepfakes, Minnesota updated their law this year to require a candidate to forfeit their office or nomination if they violate the state’s deepfake laws, among other provisions. In states such as New York, New Mexico and Alabama, victims can seek a court order to stop the content. Katie Hobbs signed his proposal into law in May, along with another AI bill that requires disclosures in campaign ads. Big Tech has already taken some steps to moderate deepfake content. TikTok and Meta (the parent company of Instagram, Threads and Facebook) announced plans in recent months to label AI content, while YouTube requires creators to disclose when videos are AI-created.
Persons: deepfakes, Amy Beth Cyphert, Cyphert, Alexander Kolodin, Kolodin, it’s, , Katie Hobbs, Robert Weissman, Chuck Schumer, Sen, Mitch McConnell, Weissman, Sean Cooksey, It’s, Jessica Rosenworcel, ” Jonathan Uriarte, there’s, Dar’shun Kendrick, “ there’s, ” Kendrick, Alex Curtas, CNN’s Oliver Darcy, Sean Lyngaas, Donie O’Sullivan, Yahya Abou, Ghazala Organizations: CNN, Republican, Democrat, Department of Homeland Security, West Virginia University’s College of Law, ” Arizona Democratic Gov, Big Tech, Meta, YouTube, Swift, Public Citizen, House, Federal, Commission, Federal Communication Commission, FCC, . State Locations: Florida, Hawaii , New York , Idaho , Indiana, New Mexico , Oregon , Utah , Wisconsin , Alabama, Arizona, Colorado, Michigan, Washington , Minnesota , Texas, California, deepfakes, Minnesota, New York, New Mexico, Alabama, Florida , Mississippi, Utah, Wisconsin, Oregon and Mississippi, statehouses, robocalls, Georgia, . Arizona
And when the covid-19 pandemic sparked the rise of remote work, it caused many workers to second-guess living in a major metropolis like New York and San Francisco. In the first year, new residents will receive $10,000 paid in monthly installments, and the final $2,000 will be issued at the end of the resident's second year living in West Virginia. To be eligible for the Ascend West Virginia program, applicants must work remotely, have the ability to work remotely in a business based outside of West Virginia or be self-employed outside of the state. Tulsa, OklahomaProgram name: Tulsa Remote Incentive: $10,000 in rental grants or a lump sum after the purchase of a qualifying home and a three-year membership to a local co-working space. Once you're approved, Tulsa Remote will have to verify you've signed a qualifying lease or purchased a qualifying home.
Persons: Vicki Salemi, Salemi, you've Organizations: CNBC, Getty, West Virginia, Rochester , New York, Tulsa, GO, U.S Locations: U.S, New York, San Francisco, Tulsa , Oklahoma, Virginia, West Virginia, New, George, Greenbrier Valley, Morgantown, Eastern Panhandle, Greater Elkins, Rochester ,, Greater, Rochester, Tulsa, United States, Oklahoma, . Topeka , Kansas, Topeka, GO Topeka, Shoals, Alabama, Colbert, Lauderdale, Illinois
Bari is the father of Suborno Bari, a 12-year-old from Lynbrook, New York, who graduated from high school in June. Suborno Bari graduated from Malverne High School on Long Island in July at just 12 years old. Source: Bari familyInstead, Bari took Suborno with him to college classes and introduced his young son to his professors. Parents showing interest boosts kids' self-esteemMost children don't memorize the period table at such a young age. Suborno Bari, 12, celebrating his graduation with his father, Rashidul.
Persons: Rashidul, Suborno, Bari, Shaheda, Bari downplays, he'd, — who'd, , Suborno Bari Organizations: New York University, Brown University, CNBC, Lehman College, Brooklyn Technical High School, Columbia University, Malverne High, Brooklyn College, Mumbai University Locations: Rashidul Bari, Bari, Suborno Bari, Lynbrook , New York, Long
He splits his time between San Francisco and New York City, with a few other pit stops in between. AdvertisementThe bicoastal playbookIn late 2021, Kaushik's San Francisco apartment lease was coming up for renewal. During this time, he received an average of $3,350 a month from renting out his apartment in San Francisco. The same thing is true for San Francisco — Kaushik leaves the West Coast during the summer months where there's a lot of activity going on. But being bicoastal also gives him the option to stay in touch with friends who've moved out of San Francisco.
Persons: Anirudh Kaushik, Kaushik, I've, playbook, Kaushik's, he's, He's, I'm, — Kaushik doesn't, he'd, hadn't, It's, bicoastal, San Francisco — Kaushik, who've Organizations: Service, San Francisco and New, Business, San Locations: San Francisco and, San Francisco and New York City, America, Kaushik's San Francisco, San Francisco, East Coast, New York, Paris, Mexico, York, In New York, Brooklyn, Manhattan, Coast, San Francisco and New York
Some of those contributors are among those involved in a donor collective supporting Mr. Trump. Mr. Buskirk, who made some money in the insurance business, has strong relationships with tech donors. Some of those contributors are among those involved in a donor collective called the Rockbridge Network that Mr. Buskirk created. Its twice-a-year meetings have drawn appearances by Mr. Trump, as well as megadonors including Peter Thiel, Rebekah Mercer, Steve Wynn and David Sacks. Mr. Buskirk gained a following in the Trump orbit with a publication called American Greatness.
Persons: Donald J, Trump, JD Vance, Christopher Buskirk, Mr, Vance, Buskirk, , Kamala Harris, Biden, Harris, Harris’s, Virginia “, Elon Musk, ” Mr, Peter Thiel, Rebekah Mercer, Steve Wynn, David Sacks, Donald Trump Jr Organizations: Trump ., America, The New York Times, Mr, PAC, Trump, Federal, Commission, America PAC, Rockbridge Network, Rockbridge, Mar, CNN Locations: Ohio, Arizona , Georgia, Nevada, North Carolina, Michigan , Pennsylvania, Wisconsin, Minnesota, New Hampshire, Virginia
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