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☆ UAW launches strike against Ford's Kentucky truck plant, signaling major escalation in labor fight
▼ + stars: | 2023-10-11 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

DETROIT – United Auto Workers has unexpectedly expanded its U.S. strikes at Ford Motor to a highly profitable SUV and truck plant for the automaker in Kentucky. ET at Ford's Kentucky Truck Plant, where the automaker produces Ford Super Duty pickups as well as the Ford Expedition and the Lincoln Navigator. The union's decision to strike the plant, which is Ford's largest in terms of employment and revenue, is a major escalation in its targeted, or "stand up," strikes. Fain said the union expects Stellantis and Ford Motor to follow suit, including battery plant workers in eventual contract agreements. Only 25,200 workers, or roughly 17% of UAW members covered by the expired contracts with the Detroit automakers, are currently on strike.

Persons: Shawn Fain, Ford, leadership's, Jonah Furman, Shawn Fain's, Fain Organizations: DETROIT, United Auto Workers, Ford Motor, Ford, Ford Expedition, Lincoln Navigator, UAW, Ford's, Detroit, Detroit automakers, General Motors, EV Locations: Kentucky

☆ Fmr. CEA chairman Jason Furman: Maybe what we're seeing here is labor supply, not labor demand
▼ + stars: | 2023-10-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFmr. CEA chairman Jason Furman: Maybe what we're seeing here is labor supply, not labor demandJason Furman, Harvard’s Kennedy School of Government professor and former CEA chairman under President Obama, Tyler Goodspeed, Cato Institute adjunct scholar and former acting CEA chair, Sair Malik, Nuveen CIO, and CNBC’s Steve Liesman, join 'Squawk Box' to break down the September jobs report.

Persons: Jason Furman, Obama, Tyler Goodspeed, Sair Malik, Steve Liesman Organizations: Harvard’s Kennedy School of Government, Cato

☆ Here's where the jobs are for September 2023 — in one chart
▼ + stars: | 2023-10-06 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

The 96,000 net jobs gain last month was more than the combined total for August and July. The U.S. labor market saw broad gains in September in a surprisingly strong jobs report that sparked a quick sell-off in the bond market . Bars and restaurants were the strongest group within leisure and hospitality, adding 61,000 jobs. That is up sharply from the 6,000 jobs added in the same month a year ago. The job market has continued to defy expectations of a significant slowdown, and in fact the numbers for August and July were revised upward.

Persons: Jason Furman, Furman, they've, subsector Organizations: Bureau of Labor Statistics, Harvard, National Economic Council, BLS, Permanente, Screen Actors Locations: U.S

In this article FSTLAM-ITGM Follow your favorite stocks CREATE FREE ACCOUNTStriking members of the United Auto Workers (UAW) picket outside the GM's Willow Run Distribution Center, in Bellville, Wayne County, Michigan, U.S., September 26, 2023. ET Friday, barring substantial progress by in negotiations with General Motors, Ford Motor and Stellantis for contracts covering some 146,000 autoworkers. As of the Wednesday announcement, the UAW also hadn't put forth counter proposals to offers made by the automakers roughly a week earlier, the people said. About 18,300 workers, or roughly 12.5% of the UAW members covered by its contracts with the Detroit automakers, are currently on strike. On the picket linesIn recent days, union members on the picket lines have reported confrontations, intimidations with guns, hit-and-run vehicle accidents and vandalism of vehicles and company property.

Persons: Evelyn Hockstein, Shawn Fain, Fain, hadn't, Mary Barra, Stellantis, Jonah Furman, they've, Matthew Hatcher Organizations: United Auto Workers, UAW, Reuters DETROIT, Detroit automakers, General Motors, Ford Motor, GM, Mopar, Center, AFP, Getty Locations: Bellville, Wayne County , Michigan, U.S, Flint , Michigan, Center Line, Michigan

☆ London hotspots brightened with colourful new artwork
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Sarah Mills/File photo Acquire Licensing RightsLONDON, Sept 28 (Reuters) - Busy spots in London are being brightened up by the work of British-born artist and designer Adam Nathaniel Furman who is on a mission to create quality background art. "I have a great passion for colourful interventions in public space that are beautifully crafted," Furman said. In the London Bridge area, another of Furman's projects "A Thousand Streams" is taking shape on a long concrete wall being decorated with an intricate handmade mosaic. Furman designed the piece for the London School of Mosaic, whose volunteers are working on it with completion expected in 2024. As for the future, Furman would like to add to the landscapes of cities around the world, saying it is often artwork people value in their surroundings the most.

Persons: Adam Nathaniel Furman, Sarah Mills, Furman, Alison Williams Organizations: REUTERS, London School of Mosaic, Thomson Locations: Canary Wharf, London, Britain

☆ The first thing the Fed needs to do is get inflation under control: Former CEA chair Jason Furman
▼ + stars: | 2023-09-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe first thing the Fed needs to do is get inflation under control: Former CEA chair Jason FurmanJason Furman, former CEA chairman under President Obama and Harvard Kennedy School economics professor, joins 'Squawk on the Street' to discuss his expectations for the government shutdown, a potential rating downgrade for the United States, and more.

Persons: Furman Jason Furman, Obama Organizations: Harvard Kennedy School Locations: United States

☆ I worked in the White House as an unpaid intern. The job was intense and fascinating — here's what my day looked like.
▼ + stars: | 2023-09-26 | by ( Aria Yang | ) www.businessinsider.com time to read: +10 min

Julian Sarafian is a 29-year-old former White House intern from Sacramento, California. AdvertisementAdvertisementThis as-told-to essay is based on a conversation with Julian Sarafian, a 29-year-old former White House intern from Sacramento, California. It's a 10 to 15 minute walk to the White House grounds, and I even walked there on cold and snowy days. It's the side where visitors often gather to take photos of the White House, so it was neat walking in like a VIP. They were accompanied by the White House groundskeeper and were often spotted around the grounds.

Persons: Julian Sarafian, Barack Obama, Joe Biden, —, Barack Obama's, Obama, Jason Furman, I'd, It's, wasn't, Sarafian, interning, Sunny, Yang Organizations: White, Service, UC Berkeley, UC Washington Program, of Economic Advisors, FBI, of Economic, of Economic Advisers, DC, UC Washington, Secret, Harvard Law School Locations: Sacramento , California, Washington ,, Dupont, Washington

☆ Live updates: UAW strike expands significantly against GM and Stellantis
▼ + stars: | 2023-09-22 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +2 min

UAW President Shawn Fain speaks at a rally in Detroit on September 15. The UAW vastly expanded its strike against GM and Stellantis Friday, although none of the plants is particularly crucial to the automakers’ operations, surprising industry insiders – even experts who predicted the UAW would implement a targeted strike. Nevertheless, the strike marks the first time in history the UAW has struck at all three automakers simultaneously. In leaked messages obtained by CNN, United Auto Workers Union Communications Director Jonah Furman said the plan is to “keep them wounded for months." "They don’t know what to do… this is recurring reputations damage and operation chaos," Furman said in one of the leaked messages.

Persons: Shawn Fain, Matthew Hatcher, –, Fain, Jonah Furman, Furman, they’re, Joe Biden, Biden Organizations: Getty, White, UAW, GM, CNN, United Auto Workers Union Communications, Democratic Locations: Detroit, AFP

☆ Striking auto workers target 38 new GM and Stellantis plants as strike enters second week
▼ + stars: | 2023-09-22 | by ( Associated Press | ) www.businessinsider.com time to read: +4 min

The United Auto Workers union expanded its strike on Friday, as the stoppage entered a second week. Striking workers are asking for pay raises and calling attention to how much their CEOs make. The UAW has other demands, including a 32-hour work week for 40 hours of pay and a restoration of traditional pension plans for newer workers. Fain said earlier this week he would call on workers at more plants to strike unless there was significant progress in contract negotiations with the carmakers. One week ago, workers went on strike a week ago at three assembly plants — a Ford factory near Detroit, a GM plant outside St. Louis, and a Jeep plant owned by Stellantis in Toledo, Ohio.

Persons: Ford, Shawn Fain, Fain, Friday, Louis, Mark Truby, Jonah Furman Organizations: United Auto Workers, Ford, UAW, Service, Motors, Stellantis, Detroit News, GM Locations: Wall, Silicon, Detroit, Wentzville , Missouri, Toledo , Ohio, St

The nation’s biggest automakers – and car buyers everywhere -- will learn Friday whether the United Auto Workers union will escalate its strike over a demand for higher wages, a shorter work week and other benefits. Fain said earlier this week he would call on workers at more plants to strike unless there was significant progress in contract negotiations with the carmakers. Bargaining continued Thursday, although neither side reported any breakthroughs, and they remained far apart on wage increases. The companies have laid off a few thousand more, saying some factories are running short on parts because of the strike. If the deal is ratified, Unifor expects that GM and Stellantis will agree to similar contracts for Canadian workers.

Persons: Shawn Fain, Fain, Louis, Unifor, Stellantis, ” Ford, “ It’s, Mark Truby, Jonah Furman Organizations: United Auto Workers, UAW, Ford, General Motors, Workers, Stellantis, Canadian, GM, Detroit News Locations: Detroit, St, Toledo , Ohio

☆ The UAW's strike strategy pits the Detroit 3 against each other — and leaves room for longer walkouts
▼ + stars: | 2023-09-22 | by ( Nora Naughton | ) www.businessinsider.com time to read: +5 min

Ford, GM, and Stellantis have expressed displeasure with the strategy. After Furman's messages leaked Thursday night, the Detroit car companies expressed their displeasure with the union's strategy. Ford and Stellantis called the messages "disappointing" and "disturbing," while GM said the message "calls into question who is actually in charge of UAW strategy." The idea was met with skepticism by many, who said that an all-out strike would quickly drain the UAW's strike resources. That leaves plenty in the union's $825 million strike fund as the work stoppage expands Friday.

Persons: Stellantis, Shawn Fain, Fain, Ford, Jonah Furman, didn't Organizations: UAW, Ford, GM, Service, United Auto Workers, Detroit, The Detroit News, Twitter, Detroit News, Deutsche Bank Locations: Wall, Silicon, Detroit, Michigan , Ohio, Missouri

☆ Automakers question UAW's strike motives after leaked 'chaos' messages
▼ + stars: | 2023-09-22 | by ( Michael Wayland | ) www.cnbc.com time to read: +4 min

United Auto Workers President Shawn Fain (center) marches with UAW members through downtown Detroit after a rally in support of the union's members as they strike the Big Three automakers, Detroit, Michigan, Sept. 15, 2023. DETROIT – Major automakers are calling into question the United Auto Workers' motives in launching targeted strikes in light of leaked messages by a union director calling to "keep them wounded for months." Ford communications chief Mark Truby said in a statement Friday the leaked messages are "disappointing, to say the least, given what is at stake for our employees, the companies and this region." In response to The Detroit News, Furman would not confirm writing the messages but according to the paper, called them "private messages" that "you shouldn't have." The leaked messages come as Fain on Friday announced additional plants the union plans to strike as part of its "stand-up strikes," a nod to historic "sit-down" strikes by the UAW in the 1930s.

Persons: Shawn Fain, Jonah Furman, Shawn Fain's, Motors, Mary Barra, Jim Farley, Mark Truby, Stellantis, Furman, Fain, Malcom X Organizations: United Auto Workers, UAW, Big Three, DETROIT –, Twitter, CNBC, The Detroit, Ford Motor, Ford, Chrysler, Detroit News, Furman, Labor Locations: Detroit, Detroit , Michigan, Indiana

NEW YORK (AP) — The United Auto Workers' strike is getting bigger. Currently, UAW workers hired after 2007 don’t receive defined-benefit pensions. During walkouts, workers are set to receive about $500 a week in strike pay — far short of what they earn while they’re working. During a 40-day UAW strike in 2019, GM lost $3.6 billion. The UAW strike is also testing President Joe Biden’s claim that he’s the most pro-union president in U.S. history.

Persons: Ford, Shawn Fain, Fain, They’ve, “, ” Fain, ” Ford, Jonah Furman, Sam Fiorani, Joe Biden’s, Biden, Donald Trump, he’ll, Trump Organizations: United Auto Workers, UAW, General Motors, Stellantis, Motors, Detroit, Ford, GM, Detroit News, AutoForecast Solutions, Anderson Economic, White, autoworkers, U.S, Supreme, UPS, Teamsters, Cornell University Locations: United States, Korean, Detroit, Europe, Asia, U.S, Midwest, That’s, —

☆ Leaked UAW messages detail 'chaos' strategy
▼ + stars: | 2023-09-22 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +6 min

New York CNN —The United Auto Workers Union is prepared to strike automakers for “months,” according to leaked messages obtained by CNN. One advantage for the union of a targeted strike is the potential to save resources and extend a possible strike. The union members who are on strike are eligible for $500 a week in strike benefits from the union’s strike fund. With targeted strikes, it’s possible that the companies will shut down operations and lay off members who are not technically on strike. John Hatline, who has worked at General Motors for 49 years and has seen his fair share of strikes, told CNN before the strikes began that he thought targeted strikes can work.

Persons: Jonah Furman, Furman, they’re, Shawn Fain, Fain, ”, “, John Hatline, Hatline, ” “, Mark Truby Organizations: New, New York CNN, United Auto Workers Union, CNN, Communications, Big, UAW, Detroit Free Press, UAW Communications, General Motors, ”, Motors, Ford, Genal Motors Locations: New York, Detroit

[1/2] A sign for the Royal Bank of Canada in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio Acquire Licensing RightsNEW YORK, Sept 21 (Reuters) - A U.S. federal judge on Thursday said American cities may pursue class-action claims accusing eight large banks of driving up interest rates they paid on a popular municipal bond. Cities led by Baltimore, Philadelphia and San Diego accused the banks of colluding to raise rates on more than 12,000 variable-rate demand obligations (VRDOs) from 2008 to 2016. Cities accused the eight banks of conspiring not to compete for remarketing services, and artificially inflating rates by sharing information about bond inventories and planned rate changes. The case is Philadelphia et al v Bank of America Corp et al, U.S. District Court, Southern District of New York, No.

Persons: Carlos Osorio, Jesse Furman, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Wells, San Diego, Banks, Furman, Dan Brockett, Jonathan Stempel, Marguerita Choy Organizations: Royal Bank of Canada, REUTERS, U.S, Bank of America, Barclays, Citigroup, JPMorgan, Municipal Securities Rulemaking Board, al, Bank of America Corp, Court, Southern District of, Thomson Locations: Toronto , Ontario, Canada, Manhattan, Baltimore, Philadelphia, San, colluding, U.S, Southern District, Southern District of New York, New York

☆ Fed's higher for longer decision is due to unemployment data, not inflation: Fmr. CEA Chair Furman
▼ + stars: | 2023-09-20 | 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 EmailFed's higher for longer decision is due to unemployment data, not inflation: Fmr. CEA Chair FurmanJason Furman, Former Council of Economic Advisers Chair and Krishna Guha, Evercore ISI Vice Chairman, join 'Closing Bell Overtime' to talk the Fed's decision to leave interest rates unchanged this month.

Persons: Furman Jason Furman, Krishna Guha, Evercore Organizations: CEA, Furman, of Economic

☆ Opinion | What Does a Good Economy Look Like?
▼ + stars: | 2023-09-15 | by ( Ross Douthat | ) www.nytimes.com time to read: +2 min

But the sourness of public opinion on the economy seems to match up pretty well with Furman’s estimates. At the very least, no matter where we stand relative to the late Obama or early Trump economy, some further improvement seems necessary to convince the public that the Biden economy is actually in good shape. So then the question for the Biden administration becomes: What counts as a good wage trend? Remember that the economic trends before 2020 were the best of the last few decades, so just returning to that dotted line in Furman’s chart would be great news. But does Biden need that scale of success to get credit for a good economy, or does he just need wage growth at any pace?

Persons: Dube, Obama, Biden, Barack Obama, George W Organizations: UMass Amherst, Inc Locations: Trump

☆ Visualizing the Latest Wave of N.C.A.A. Conference Realignment
▼ + stars: | 2023-09-01 | by ( Josh Katz | Kevin Quealy | ) www.nytimes.com time to read: +5 min

Missouri and Texas A&M were the first teams to join the SEC in 20 years. Financial benefits and concerns about conference stability lured Boston College to become the A.C.C.’s 12th member in 2005. Penn State, one of the last major programs to remain independent, became the Big Ten’s 11th member in 1993, setting off a wave of realignment across college football. The Missouri Valley Conference stopped sponsoring football after the 1985 season. Arkansas departed for the SEC in 1991, signaling the beginning of the end for the Southwest Conference, long associated with N.C.A.A.

Persons: Drake, Golden Panthers Florida State Seminoles Fresno State Bulldogs Furman Paladins George, Golden Panthers Florida State Seminoles Fresno State Bulldogs Furman Paladins George Washington Colonials Georgia Bulldogs Georgia Southern Eagles Georgia State Panthers Georgia Tech Yellow Jackets Harvard Crimson Hawaii Rainbow Warriors Houston Cougars Idaho Vandals Illinois Fighting Illini Illinois State Redbirds Indiana Hoosiers Indiana State Sycamores Iowa Hawkeyes Iowa State Cyclones Jacksonville State Gamecocks James Madison, Monroe Warhawks Louisville Cardinals Marshall Thundering, William, Mary Organizations: Air Force Falcons Akron Zips Alabama Crimson Tide Appalachian State Mountaineers Arizona Wildcats Arizona State Sun Devils Arkansas Razorbacks Arkansas State Red Wolves Army Black Knights Auburn Tigers Ball State Cardinals Baylor Bears Boise State Broncos Boston College Eagles Bowling Green State Falcons Brigham Young Cougars Brown Bears Buffalo Bulls Cal State Fullerton Titans Cal State Los Angeles Golden Eagles California Golden Bears, Santa Barbara Gauchos, Santa Barbara Gauchos Central Michigan Chippewas Charlotte 49ers Chattanooga Mocs Cincinnati Bearcats Clemson Tigers Coastal, Colorado Buffaloes Colorado State Rams Columbia Lions Connecticut Huskies Cornell Big Red Dartmouth Big Green Davidson, Drake Bulldogs Duke Blue Devils East Carolina Pirates East Tennessee State Buccaneers Eastern Michigan Eagles Florida Gators, Atlantic Owls Florida, Golden Panthers Florida State Seminoles Fresno State Bulldogs Furman, Golden Panthers Florida State Seminoles Fresno State Bulldogs Furman Paladins George Washington Colonials Georgia Bulldogs Georgia Southern Eagles Georgia State Panthers Georgia Tech Yellow Jackets Harvard Crimson Hawaii Rainbow Warriors Houston Cougars Idaho Vandals Illinois Fighting Illini Illinois State Redbirds Indiana Hoosiers Indiana State Sycamores Iowa Hawkeyes Iowa State Cyclones Jacksonville State Gamecocks, Golden Panthers Florida State Seminoles Fresno State Bulldogs Furman Paladins George Washington Colonials Georgia Bulldogs Georgia Southern Eagles Georgia State Panthers Georgia Tech Yellow Jackets Harvard Crimson Hawaii Rainbow Warriors Houston Cougars Idaho Vandals Illinois Fighting Illini Illinois State Redbirds Indiana Hoosiers Indiana State Sycamores Iowa Hawkeyes Iowa State Cyclones Jacksonville State Gamecocks James Madison Dukes Kansas Jayhawks Kansas State Wildcats Kent State Golden Flashes Kentucky Wildcats LSU Fighting Tigers Liberty Flames Long, Golden Panthers Florida State Seminoles Fresno State Bulldogs Furman Paladins George Washington Colonials Georgia Bulldogs Georgia Southern Eagles Georgia State Panthers Georgia Tech Yellow Jackets Harvard Crimson Hawaii Rainbow Warriors Houston Cougars Idaho Vandals Illinois Fighting Illini Illinois State Redbirds Indiana Hoosiers Indiana State Sycamores Iowa Hawkeyes Iowa State Cyclones Jacksonville State Gamecocks James Madison Dukes Kansas Jayhawks Kansas State Wildcats Kent State Golden Flashes Kentucky Wildcats LSU Fighting Tigers Liberty Flames Long Beach State, Niners Louisiana, Louisiana Tech Bulldogs Louisiana, Monroe Warhawks Louisville Cardinals, Terrapins Massachusetts Minutemen Memphis Tigers Miami, Hurricanes Miami, Michigan Wolverines Michigan State Spartans Middle Tennessee State Blue Raiders Minnesota Golden Gophers Mississippi State Bulldogs Missouri Tigers Navy Midshipmen Nebraska Cornhuskers Nevada Wolf, Las Vegas Rebels New, Lobos New Mexico State Aggies North, Tar, Carolina State Wolfpack, Texas, Green Northern Illinois Huskies Northwestern Wildcats Notre Dame Fighting Irish Ohio Bobcats Ohio State Buckeyes Oklahoma Sooners Oklahoma State Cowboys Old Dominion Monarchs Ole Miss Rebels Oregon Ducks Oregon State Beavers Pacific Tigers Penn State Nittany Lions Pennsylvania Quakers Pitt Panthers Princeton Tigers Purdue Boilermakers Rice Owls Richmond Spiders Rutgers Scarlet Knights SMU Mustangs Sam Houston State Bearkats San Diego State Aztecs San Jose State Spartans South Alabama Jaguars South Carolina Gamecocks South Florida Bulls Southern Illinois Salukis, Green Northern Illinois Huskies Northwestern Wildcats Notre Dame Fighting Irish Ohio Bobcats Ohio State Buckeyes Oklahoma Sooners Oklahoma State Cowboys Old Dominion Monarchs Ole Miss Rebels Oregon Ducks Oregon State Beavers Pacific Tigers Penn State Nittany Lions Pennsylvania Quakers Pitt Panthers Princeton Tigers Purdue Boilermakers Rice Owls Richmond Spiders Rutgers Scarlet Knights SMU Mustangs Sam Houston State Bearkats San Diego State Aztecs San Jose State Spartans South Alabama Jaguars South Carolina Gamecocks South Florida Bulls Southern Illinois Salukis Southern Mississippi Golden Eagles Stanford Cardinal Syracuse Orange Temple Owls Tennessee Volunteers Texas Longhorns Texas, Aggies Texas, State Bobcats Texas Tech Red Raiders, Citadel Bulldogs Toledo Rockets Troy, Tulane Green Wave Tulsa, Hurricane U.C.L.A, Bruins U.S.C, Trojans UAB Blazers UCF Knights UTEP Miners UTSA Roadrunners Utah Utes Utah State Aggies Vanderbilt Commodores Virginia Cavaliers Virginia Military, Keydets Virginia Tech, Deacons Washington Huskies Washington State Cougars West Texas State Buffaloes West Virginia Mountaineers Western, Western Michigan Broncos Wichita State, Mary Tribe Wisconsin Badgers Wyoming Cowboys Yale Bulldogs, Big, Notre Dame, SEC, Boston College, Boise State, WAC, ESPN, Penn State, The Ivy League, The Southern Conference, AA, Arizona State, Missouri Valley Conference, Arkansas, Southwest Conference Locations: Santa, Santa Barbara Gauchos Central Michigan, Santa Barbara Gauchos Central Michigan Chippewas Charlotte 49ers Chattanooga Mocs Cincinnati Bearcats Clemson Tigers Coastal Carolina, Golden Panthers Florida State Seminoles Fresno State Bulldogs Furman Paladins George Washington Colonials Georgia Bulldogs Georgia Southern Eagles Georgia State Panthers Georgia Tech Yellow Jackets Harvard Crimson Hawaii Rainbow Warriors Houston Cougars Idaho Vandals Illinois Fighting Illini Illinois State Redbirds Indiana Hoosiers Indiana State Sycamores Iowa Hawkeyes Iowa State Cyclones Jacksonville State Gamecocks James Madison Dukes Kansas Jayhawks Kansas State Wildcats Kent State Golden Flashes Kentucky Wildcats LSU Fighting Tigers Liberty Flames Long Beach, Michigan Wolverines Michigan State Spartans Middle Tennessee State Blue Raiders Minnesota Golden Gophers Mississippi State Bulldogs Missouri Tigers Navy Midshipmen Nebraska Cornhuskers Nevada Wolf Pack Nevada, Green Northern Illinois Huskies Northwestern Wildcats Notre Dame Fighting Irish Ohio Bobcats Ohio State Buckeyes Oklahoma Sooners Oklahoma State Cowboys Old Dominion Monarchs Ole Miss Rebels Oregon Ducks Oregon State Beavers Pacific Tigers Penn State Nittany Lions Pennsylvania Quakers Pitt Panthers Princeton Tigers Purdue Boilermakers Rice Owls Richmond Spiders Rutgers Scarlet Knights SMU Mustangs Sam Houston State Bearkats San Diego State Aztecs San Jose State Spartans South Alabama Jaguars South Carolina Gamecocks South Florida Bulls Southern Illinois Salukis Southern, Deacons Washington Huskies Washington State Cougars West Texas State Buffaloes West Virginia Mountaineers Western Carolina, Western Kentucky, Notre, . Missouri, Texas, Arizona

☆ Ex-CIA employee's conviction in big secrets leak is largely upheld
▼ + stars: | 2023-08-29 | by ( Jonathan Stempel | ) www.reuters.com time to read: +3 min

Following the conviction, U.S. Attorney Damian Williams in Manhattan called the theft "one of the most brazen and damaging acts of espionage in American history." In a 14-page decision, U.S. District Judge Jesse Furman in Manhattan found "more than sufficient" evidence to support Schulte's espionage and hacking convictions. Prosecutors have said Schulte was motivated to leak materials out of spite over how he thought the CIA treated him prior to his November 2016 resignation. Prosecutors said they found the material in Schulte's Manhattan apartment, in an encrypted container beneath three layers of password protection, during the CIA leaks probe. The case is U.S. v. Schulte, U.S. District Court, Southern District of New York, No.

Persons: George W, Bush, Joshua Schulte, Damian Williams, Jesse Furman, Schulte's, Aguilar, Furman, Schulte, Prosecutors, Williams, Jonathan Stempel, Cynthia Osterman Organizations: U.S . Central Intelligence Agency, CIA, Central Intelligence Agency, FBI, WikiLeaks, Prosecutors, Brooklyn's Metropolitan Detention, Court, Southern District of, Thomson Locations: Langley , Virginia, U.S, Manhattan, Brooklyn's, Southern District, Southern District of New York, New York

☆ The SALT deduction is like the trickle-down economics for Democrats, says Harvard's Jason Furman
▼ + stars: | 2023-08-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe SALT deduction is like the trickle-down economics for Democrats, says Harvard's Jason FurmanErica York, Tax Foundation senior economist, and Jason Furman, Harvard Kennedy School professor and former Chairman of the Council of Economic Advisers under President Obama, join 'Squawk Box' to discuss a new study from the Tax Policy Center, which found that loopholes in the SALT cap are costing the federal government $20 billion a year after generating between 80% to 85% of its intended revenue, and more.

Persons: Harvard's Jason Furman Erica York, Jason Furman, Obama Organizations: Tax Foundation, Harvard Kennedy School, of Economic Advisers, Tax, Center

☆ How the King of This Backyard Sport Attacks the Gym
▼ + stars: | 2023-08-26 | by ( Jen Murphy | Photographs Matt Furman For The Wall Street Journal | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/lifestyle/fitness/spikeball-roundnet-buddy-hammon-workout-d003cc3c

Persons: Dow Jones

☆ How the World’s Best Spikeball Player Gets Sharper
▼ + stars: | 2023-08-26 | by ( Jen Murphy | Photographs Matt Furman For The Wall Street Journal | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

☆ Why the U.S. has a productivity problem
▼ + stars: | 2023-08-25 | by ( Jeff Huang | In Jefftchuang | ) www.cnbc.com time to read: +1 min

Enter the labor productivity metric. But labor productivity in the U.S. has been falling. Prior to the data from the most recent quarter, the country had seen five consecutive quarters of year-over-year declines in worker productivity. "Sluggish productivity means sluggish growth. Watch the video above to find out more about how labor productivity is measured, how effective a metric it is for economists, the reasons behind the slowdown in productivity and the impact it has on the U.S. economy.

Persons: Jason Furman, Barack Obama, Greg Daco, Furman Organizations: Federal Reserve, Harvard Kennedy School, of Economic Advisers, of Labor Statistics Locations: U.S

☆ Federal Reserve Chair Jerome Powell hints at more bad news for consumers
▼ + stars: | 2023-08-25 | by ( Bryan Mena | ) edition.cnn.com time to read: +6 min

Washington, DC CNN —Additional interest rate hikes are still on the table and rates could remain elevated for longer than expected, Federal Reserve Chair Jerome Powell said Friday. “Additional evidence of persistently above-trend growth could put further progress on inflation at risk and could warrant further tightening of monetary policy,” Powell said. “So what does that mean for monetary policy? The Fed chair said higher interest rates are likely pulling on the economy’s reins, implying that r* might not be structurally higher, though he said it’s an unobservable concept. But we cannot identify with certainty the neutral rate of interest, and thus there is always uncertainty about the precise level of monetary policy restraint,” Powell said.

Persons: Jerome Powell, Powell, ” Powell, ” William English, Jason Furman, ” Organizations: DC CNN, Kansas City, Fed, Financial, Atlanta Fed, National Federation of Independent, Yale University, Fed’s, Governors, CNN, Commerce Department, Index, Harvard Locations: Washington, Jackson Hole , Wyoming

☆ The Fed should be preparing everyone for more hikes, says Fmr. CEA Chair Jason Furman
▼ + stars: | 2023-08-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed should be preparing everyone for more hikes, says Fmr. CEA Chair Jason FurmanJason Furman, Former Council of Economic Advisers chair, joins 'Closing Bell Overtime' to talk the Federal Reserve's next moves ahead of Jackson Hole.

Persons: Jason Furman Jason Furman, Jackson Organizations: of Economic Advisers

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