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The questioning of Mr. Cohen, who was Donald J. Trump’s former fixer, is the beginning of the end of the trial, which began April 15 and could conclude before Memorial Day weekend. On Tuesday, Mr. Trump’s lawyer Todd Blanche came out swinging, suggesting that Mr. Cohen had referred to him personally on social media with a vulgarity. Mr. Blanche went on to ask about Mr. Cohen’s longtime habit of talking to reporters, his ignoring requests from prosecutors to stop speaking and his vitriol toward Mr. Trump. Mr. Cohen, who puts out podcasts and TikTok videos, has suggested that Mr. Trump belongs in a cage like an “animal” and referred to him as a “Cheeto-dusted cartoon villain.”In court, Mr. Cohen responded calmly and matter-of-factly, avoiding any outbursts or gaffes that could hurt his credibility. Mr. Cohen testified that Mr. Trump directed him to pay $130,000 in hush money to Stormy Daniels, a porn star, to suppress her account of a sexual rendezvous with the former president in a Lake Tahoe, Nev., hotel in 2006.
Persons: Michael D, Cohen, Mr, Donald J, Trump’s, Todd Blanche, Blanche, Trump, , Stormy Daniels Locations: Lake Tahoe, Nev
A possible bug in iOS 17.5 has left some iPhone owners seeming freaked out. Users said deleted pictures were restored to their Photos app after the latest software update. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Apple's iOS 17.5 update is here, but some users are saying that the update brought back deleted pictures from years ago. This story is available exclusively to Business Insider subscribers.
Persons: , they'd Organizations: Service, Business
When my mom was in labor, doctors thought I might be tangled in the umbilical cord because my heart rate would plummet and then stabilize. I was delivered by emergency C-section, and doctors soon realized that I had congenital heart defects. Still, I thought I'd adjusted well — until my heart stopped on the field. Even when I started breathing on my own, doctors thought I might need to go to a nursing home rather than a rehab facility because I was still so frail. AdvertisementTIRR Memorial Hermann in Houston was the only in-patient rehab hospital that would take me because my needs were so intensive.
Persons: Mac Kelso, Mac, Doctors, — Dr, Nikola Dragojlovic —, TIRR, Hermann, I've, Organizations: Service, Business, Louisiana Tech University Locations: Oregon, Louisiana, Colorado, Houston, TIRR
Royal Caribbean Group and Norwegian Cruise Line Holdings aim to source their foods more sustainably. In 2023, the cruise giants Royal Caribbean Group and Norwegian Cruise Line Holdings accommodated more than 10.3 million travelers. Both companies have been increasingly shopping localBoth Norwegian and Royal Caribbean want to be net zero emissions by 2050. Royal Caribbean did not respond to an inquiry about its beef initiatives or plans to expand its plant-based offerings. That's not to mention all the heat that cruise companies already take for operating ships that are bad for the environment.
Persons: , Brittany Chang, Linken D'Souza, Royal Caribbean's, Bambi Semroc, it's, Ravi Anupindi, Anupindi, Royal, Semroc Organizations: Royal Caribbean Group, Cruise Line Holdings, Chain Management, Service, Norwegian, Royal, Business, Royal Caribbean's, Conservation, University of Michigan's Ross School of Business, Marine Stewardship Council, Aquaculture, Council, Global Animal Partnership, Regent Seven Locations: buffets, Royal Caribbean, Europe, Seattle, Vancouver, Florida, California, New York City, Norwegian, Oceania
CNN —Donald Trump’s former fixer Michael Cohen goes back on the stand Thursday braced for another bruising day of cross-examination that is shaping up as the most crucial chapter in the first criminal trial of a former president. A suddenly compressed political calendarEvery criminal trial is a grave process since a defendant’s reputation and even liberty is on the line. The Supreme Court is expected to deliver its decision on Trump’s sweeping claims of immunity from prosecution. That would almost certainly delay Trump’s trial in his federal election interference case until after the election, meaning he wouldn’t be brought to account for the worst attack on democracy in modern times before a subsequent election. In that case, the hush money trial may be the only one held before the election.
Persons: Donald Trump’s, Michael Cohen, Cohen, Trump, Trump’s, , Todd Blanche, CNN’s Paula Reid, Blanche –, Blanche, Reid, , he’d, It’s, there’d, Joe Biden, Biden, they’d, he’s, Mike Johnson Organizations: CNN, Trump, , ABC, GOP, Republican Locations: New York, Manhattan, Georgia, Florida
In today's big story, inflation is cooling just in time for a US presidential election that will likely focus heavily on the economy . This story is available exclusively to Business Insider subscribers. The big storyThe economy and the electionAnna Moneymaker/Getty, Anna Moneymaker/Getty, Tyler Le/BISometimes, the biggest surprise is when there isn't one at all. AdvertisementOn Wednesday, Biden and Trump agreed to face off in two debates, the first coming in June . Now he has 18 direct reports, according to an internal org chart seen by Business Insider.
Persons: , Anna Moneymaker, Tyler Le, haven't, Insider's Madison Hoff, they're, Jennifer Sor, Ed Yardeni, Jerome Powell hasn't, Powell, Donald Trump, Joe Biden, Trump, Biden, Trump's, Alyssa Powell, Keith Gill's, Jim Simons, Shaw, Goldman Sachs, David Kostin, Sameer Samat, Sundar Pichai, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Biden, White, Democratic, Renaissance Technologies, Sigma, Bloomberg, Android, Google, Microsoft, Apple, Walmart Locations: New York, London
AdvertisementWarning: Spoilers for the first four episodes of "Bridgerton" season 3 and the book "Romancing Mr. Bridgerton" ahead. AdvertisementHannah Dodd as Francesca Bridgerton on season three, episode two of "Bridgerton." Season 3 should've built on 'Queen Charlotte' moreQueen Charlotte and Lady Danbury are underutilized so far in season three. Cressida's story is one of the best parts of the season so farCressida Cowper is given more depth in "Bridgerton" this season. "Bridgerton" season three, part two premieres June 16 on Netflix.
Persons: , Caralynn Matassa, Palmer Haasch, Adekaiyero —, Bridgerton, Penelope, Colin, schtick, Luke Newton doesn't, Luke, Caralynn, Jonathan Bailey, Palmer, that's, I'm, Eloise, Cressida, Debling, Lord Debling doesn't, Polin, they've, he's, Liam Daniel, Netflix Palmer, — they're, Kanthony, Anthony, Kate, Anthony didn't, Daphne, Simon, Benedict whoring, Benedict, Lady Tilley Arnold, Lady Tilley, Francesca, John, Kilmartin, Hannah Dodd, Francesca Bridgerton, Fran, Hannah, Violet, Claudia Jessie, I've, Charlotte, Lady, Laurence Cendrowicz, Lady Danbury, Queen Charlotte, Golda Rosheuvel, they'd, Danbury, Lord Marcus, Lady Danbury haven't, Lady Featherington, Lord Debling, Featherington, Polly Walker, it's, Will Mondrich, Mondrich, Jean Page's, Alice, Will, doesn't, Cressida Cowper, Lady Whistledown, we've Organizations: Service, Business, , Netflix Locations: Polin's, Lady Danbury, Queen, Lady, India
The country’s liberal and conservative media outlets seemed to agree on one thing this week: Michael D. Cohen, the government’s star witness in its case against former President Donald J. Trump, was worth belittling. Conservative outlets painted Mr. Cohen, a former lawyer for Mr. Trump, as a traitor to the conservative cause. Liberal outlets focused on Mr. Cohen’s testimony about how he would do anything to impress Mr. Trump. But there was also one bigger difference about their coverage of Mr. Cohen’s testimony. Numerous conservative outlets downplayed much of what he said in court.
Persons: Michael D, Cohen, Donald J, Trump, Mr Organizations: Liberal
I started working in a towering office building in London, and I felt completely out of my depth. In 2016, I was about to move into an area I didn't want to work in when JPMorgan headhunted me. I had been stuck in golden handcuffs, but I was lucky that I didn't have some of the financial pressures other people have, like children. But I get much more of a sense of purpose from my work and feel like I am supporting people. If you left a high-paying career and would like to share your story, email Ella Hopkins at ehopkins@businessinsider.com.
Persons: , Lucy Puttergill, It's, JPMorgan headhunted, I'd, I've, weren't, Gabor Mate, Ella Hopkins Organizations: Service, JPMorgan, Citi, Business, impressiveness, Mexico City Locations: South Africa, London, Italy, South America, Mexico, Cape Town , South Africa, ehopkins@businessinsider.com
Read previewKarl Haycock and Nashelly Alba Romo have been together for 12 years and married for 10. AdvertisementThey made some big changes before they were confident enough to open up their marriageHaycock and Alba Romo at their wedding in 2014. AdvertisementHaycock and Alba Romo after losing weight and tackling an alcohol addiction. Haycock and Alba Romo think opening up their marriage has made it strongerThe couple think they would've opened their marriage up even if they hadn't lost weight and gotten sober. Alba Romo concurred: "Karl and I are together not because we are married but because we choose to be together every day.
Persons: , Karl Haycock, Nashelly Alba Romo, they've, Alba Romo, Haycock, Karl, didn't, Alba, It's, it's, we're Organizations: Service, Business, Alba Romo, Alba Romo isn't Locations: Oakland , California, Cambridge , Massachusetts, Ireland, Mexico, Madrid
CNN —Kevin Spacey is pushing back on the “rush to judgment” against him and is being backed by some big names as he seeks to reclaim his acting career. Sharon Stone and Liam Neeson issued statements of support for Spacey in a story by The Telegraph. Kevin Spacey in 2023. Wiktor Szymanowicz/Future Publishing/Getty ImagesThe timing of the interview comes after the release of “Kevin Spacey Unmasked,” a two-part docuseries that examines Spacey’s career and subsequent fall over the allegations of inappropriate sexual behavior. There’s a proper channel to handle allegations against me and it’s not Channel 4,” Spacey wrote.
Persons: Kevin Spacey, Sharon Stone, Liam Neeson, Spacey, Kevin, ” Stone, ” Neeson, “ Kevin, , Anthony Rapp, Rapp, Ridley Scott, Christopher Plummer, , Wiktor, “ Kevin Spacey, ” Spacey, “ Spacey, Rapp . Spacey, , we’d, Organizations: CNN, The Telegraph, , Netflix, Publishing, Max, ” CNN, Old, ” Corporations Locations: London, New York
Affordability remains a headacheHome affordability has taken a huge hit since the pandemic as mortgage rates, property prices, and — by extension — down payments have surged. Mortgage rates have since more than doubled at over 7%, and houses cost over $70,000 more at $332,000. The 30-year fixed mortgage rate is now roughly triple the 2.7% rate it was at in early 2021. The savings rate in the late 2010s was around 6.5% of disposable income, and it spiked early in the pandemic due to a surge of government stimulus. 23 cities where down payments are down meaningfullyAlthough affordability is limited as mortgage rates, home prices, and down payments have risen, there are still dozens of cities where the cost of buying a house is headed lower.
Persons: , Hannah Jones, Realtor.com, Freddie Mac, they'd, Jones Organizations: Service, Business Locations: Realtor.com
In the 12 months since his layoff, Martins said he's been actively looking and applying for jobs but hasn't had much luck. In recent years, the rise of remote work and historically high job openings have helped more people with health issues find employment. But remote jobs aren't as common as they used to be — and there's competition to land one. AdvertisementThe share of US remote job postings on LinkedIn fell from over 20% in April 2022 to about 10% in December 2023. But without a job, he's had to deal with some financial stresses.
Persons: , Felipe Martins, Martins, He'd, didn't, he's, hasn't, he'd, He's, doesn't, scammers Organizations: Service, Business, Bureau of Labor Statistics, San Francisco Fed, Social, BLS, LinkedIn, scammers, Federal Trade Commission Locations: Utah, Washington
But a number of the jokes touched on his divorce from his ex-wife, Gisele Bündchen, with whom Brady shares two kids, Benjamin, 14, and Vivian, 11. It’s hard to believe that, with so many years of experience with both parenthood and global stardom, Brady didn’t foresee that appearing on “The Greatest Roast” would essentially be accepting an invite to have his family skewered. He’s serving as an executive producer of “The Greatest Roast” series, so he clearly stood to benefit from the attention his episode received. Everyone — but especially an executive producer of this very series about roasting people — knows that few topics are off limits in a roast. Maybe he really didn’t see coming how hard this would be on his kids.
Persons: Kara Alaimo, Tom Brady, didn’t, Brady, Kevin Hart, Gisele Bündchen, Benjamin, Vivian, , ” Brady, , Jeff Ross, Robert Kraft, Ross, he’d, Brady didn’t, It’s, Catherine, Princess of Wales, Facebook Brady, He’s, Rob Gronkowski, David Ortiz Organizations: Fairleigh Dickinson University, Women, Press, Facebook, CNN, Netflix, New England Patriots, Twitter Locations:
U.S. President Joe Biden delivers remarks on the September Jobs Report at the White House in Washington, D.C., on Oct. 6, 2023. President Joe Biden's campaign ripped presumptive Republican nominee Donald Trump after the Dow Jones Industrial Average hit a record 40,000 on Thursday. "Donald Trump promised the stock market would crash if Joe Biden was elected. Instead, Joe Biden has broken economic records across the board." After the Dow hit 30,000 in 2020, Trump held a press conference at the White House to tout the milestone.
Persons: Joe Biden, Joe Biden's, Donald Trump, it'll, Michael Tyler, Biden, Trump Organizations: White, Washington , D.C, Dow Jones, Trump, Dow Locations: Washington ,, New York
CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Boeing's Starliner spacecraft is finally at the pad and on the eve of carrying astronauts for the first time. And, even this test flight doesn't feel like a given. Boeing is going to test the capsule's propulsion system before moving forward, so we'll see if the May 21 target holds. The coming Starliner crew flight test doesn't mean that race is back on.
Persons: Boeing's, CNBC's Michael Sheetz, It's, Starliner's Organizations: Alliance, International, CNBC's, Boeing, NASA, SpaceX Locations: Cape Canaveral , Florida, U.S
Read previewInflation and interest rates are still high, but Americans shouldn't count on any relief just yet. Advertisement"The status of the battle against inflation requires that interest rates remain elevated in the near-term," Hamrick said. "The first quarter in the United States was notable for its lack of further progress on inflation," Powell said during the panel. But while job seekers and workers may find this cooldown concerning, that moderation is also welcome and the labor market is still strong. "Paired with high borrowing costs — like high interest rates on your credit cards — and the current economy can feel quite uncomfortable," Renter added.
Persons: , That's, Mark Hamrick, Hamrick, Jerome Powell, Powell, Joanne Hsu, Nick Bunker, Ted Rossman, Rossman, Elizabeth Renter, Renter, it's Organizations: Service, Federal Reserve, Bureau of Labor Statistics, CPI, Business, Federal, University of Michigan, North America Locations: Amsterdam, United States,
Wayfair follows other direct-to-consumer brands that have opened stores, including Warby Parker , Figs , Casper, Glossier and Everlane. In the early 2010s, new store openings largely outpaced closures, until the tide turned in 2017. Jeenah Moon | Bloomberg | Getty ImagesOther privately held direct-to-consumer brands have also expanded into retail stores, including bedding company Brooklinen, furniture store Burrow and apparel brands Everlane and Untuckit. High cost of entryIf direct-to-consumer brands could all open stores and suddenly boost sales and profitability, they'd all be doing it. Courtesy: WayfairSome direct-to-consumer brands have already been burned after they expanded too quickly and demand fell.
Persons: Niraj Shah, Wayfair, Warby Parker, Glossier, They're, Larry Cheng, It's, you'll, Liza Lefkowski, Shah, Coresight, John Mercer, Coresight's, Trina Spear, Spears, King, King of Prussia, Rebecca Fitts, Alvarez, Tolia, Allbirds, Al Drago Organizations: CNBC, Apple iOS, Companies, Walmart, Target, Joss, Discount, TJX, Bloomberg, Getty, Marsal, Washington , D.C Locations: Wilmette , Illinois, Chicago, Casper, Amazon, U.S, Coresight Research's, Burlington, Los Angeles, Philadelphia, King, King of Prussia , Pennsylvania, Georgetown, Washington ,
Neuralink reported a malfunction in its patient's brain-chip implant weeks after insertion. Noland Arbaugh told Bloomberg he "cried a little bit" after he found out about the malfunction. AdvertisementThe first person to get a Neuralink brain implant said he "cried a little bit" after finding out there had been a malfunction with the device. Noland Arbaugh told Bloomberg he realized the implant had malfunctioned weeks after he had the device inserted in January. Neuralink used a blog post last week to disclose the implant had malfunctioned, and give a progress update.
Persons: Neuralink, Noland Arbaugh, , I'd, Arbaugh Organizations: Bloomberg, Service, Business
It aligned with the life-changing money advice he received from a boss in his early 20s. The stock market: from tech stocks to low-cost index fundsCooper's investment strategy has evolved over the years. AdvertisementTo lower his risk, "I am in the process of transitioning my portfolio to mostly low-cost index funds, which are very popular among the FI community." "They're all paid off and bring in about $65,000 a year in rent," he said, adding that they played an important role in his early retirement. Advertisement"I think the easier route is to invest in low-cost index funds," he said, noting that the playbook is much simpler.
Persons: , Eric Cooper, I'd, Cooper, Cooper's, Roth Organizations: Service, Business, Roth IRA, FI Locations: Louisville, Egypt
Slinging a crimson electric guitar onto his shoulder, Blinken told the crowd he knew they were facing a "really, really difficult time." So much of the world is with you and they're fighting not just for a free Ukraine, but for the free world. "For ten years, we've been explaining to the free world that we are defending it too," he wrote. Residents self-evacuate from a multi-story residential building hit by a Russian UMPB D-30 glide bomb on May 14, 2024 in Kharkiv, Ukraine. The lyrics of "Rockin' in the Free World" are often seen as a criticism of American patriotism and George H.W.
Persons: , Antony Blinken, Neil Young's, Blinken, Ukraine, Antony, Muddy Waters, Bohdan Yaremenko, Trump, he's, we've, Oleg Simoroz, Valeriy, it's, Matviyenko, Yevhen, Oleksandr Syrskyi, Illia Ponomarenko, George H.W, Bush, Donald Trump, Sen, Bernie Sanders, Biden Organizations: Service, Business, U.S, US State Department, Blinken, Music Diplomacy Initiative, Facebook, AFP, Ukrainian NGO Agency, Getty Images, Ukrainian, Ukrainian Armed Forces, Kyiv, Guardian, Los Angeles Times, Soviet Union, State Department Locations: Kyiv, Ukraine, Russian, Kharkiv, United States, Muddy, Ukrainian, Russia, KABs, Sumy, Getty Images Russia, Polina, Soviet
Information about Wednesday's critical consumer price index release circulated early on the Bureau of Labor Statistics website, according to a statement from the agency. The statement provided few details but noted that the Labor Department agency has notified the Office of Management and Budget and the department's Office of the Inspector General. There was no other information provided concerning the early release of the CPI, a key inflation indicator that showed another increase in April, though slightly less than what the Wall Street consensus had anticipated. ET release, though there was little unusual activity in the half-hour prior, indicating that the early release was not widely seen and did not materially impact trading. Core inflation, which excludes food and energy, ran at a 0.3% rate monthly rate and 3.6% annually, the lowest since April 2022.
Persons: Wednesday's, Peter Boockvar, Trump, Boockvar, Stocks Organizations: Bureau of Labor Statistics, BLS, Labor Department, Management, Budget, CPI, Bleakley Locations: Washington
Miyoshi Umeki was the first Asian actor to win an Oscar. Red Buttons and Miyoshi Umeki with their Academy Awards in 1958. Hulton Archive/Stringer/Getty ImagesIn 1958, Miyoshi Umeki, a Japanese-American singer and actor, became the first Asian actor to win an Academy Award. She was also known for her supporting role as Mrs. Livingston in the sitcom "The Courtship of Eddie's Father." Umeki famously destroyed her history-making Oscar after the death of her husband, Randall Hood, in 1976, Entertainment Weekly reported.
Persons: Miyoshi Umeki, Red, Miyoshi, Stringer, Red Buttons, Marlon Brando, Tony, Livingston, Umeki, Michael Hood, he'd, Randall Hood Organizations: Hulton, Globe, Entertainment Locations: American
78% of participants in a 2022 survey said they'd even pay a premium for true happiness if it were possible, according to an Oracle Fusion Cloud Customer Experience survey of 12,000 consumers and business leaders. Stephanie Harrison, a researcher who has studied the science of happiness for the past 10 years, says money and success are not the keys to happiness. "I think the secret to happiness is using who you are to help other people," Harrison tells CNBC Make It. And then you have to figure out the best ways to share that self with other people. Here's why Harrison says helping others can lead to more happiness for you and the people you aid in her book, "New Happy."
Persons: Stephanie Harrison, Harrison, we've Organizations: Oracle, CNBC
Try the following tips to learn to speak in a more authoritative way at work and even at home. Handy as this phrase may be, it's important to reduce the chances that anyone will interrupt you in the first place. Next time a Trevor interrupts, you can jump in: "Maryann was speaking, Trevor. John Bowe is a speech trainer, award-winning journalist, and author of "I Have Something to Say: Mastering the Art of Public Speaking in an Age of Disconnection." Take CNBC's new online course Become an Effective Communicator: Master Public Speaking.
Persons: Handy, Trevor —, Trevor ! Bam, I've, Trevor, I'd, you've, John Bowe Organizations: Yorker, The New York Times Magazine, GQ
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