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Editor’s Note: David M. Perry is a journalist, historian and senior academic adviser in the history department of the University of Minnesota. CNN —In recent days, protests by college students against Israel’s actions in the ongoing war in Gaza have popped up across the country. Concerned faculty at the University of Texas-Austin called a strike to protest police actions against peaceful protestors. But then, in the year 1200 CE, a group of students in Paris got swindled by a shopkeeper. They are a reminder that institutions of higher learning are a union between teachers and students dedicated to the pursuit of knowledge.
Persons: David M, Perry, Matthew Gabriele, , , Noëlle McAfee, Caroline Fohlin, Elijah Nouvelage, King Philip II Augustus of France, Paris didn’t, doesn’t, Ibn Rushd Organizations: University of Minnesota, of Religion, Virginia Tech, CNN, University of Texas, CUNY, Emory University, Notre Dame, universitas, Twitter Locations: Europe, Gaza, Emory, Austin, Paris,
Markets would resist executive influence over the Federal Reserve, Kenneth Rogoff told Bloomberg TV. Inflation expectations would jump while the dollar would tank, the Harvard professor said. Donald Trump allies have reportedly been brainstorming ways for him to exert more influence over the Fed, if elected. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementPolitical attempts to influence the Federal Reserve won't go over well with markets, Harvard's Kenneth Rogoff said.
Persons: Kenneth Rogoff, Donald Trump, , Harvard's Kenneth Rogoff Organizations: Federal Reserve, Bloomberg, Service, Reserve, Business
Blame the former president's "quack" economic policy and his tendency to deny reality, according to Nobel economist Paul Krugman. Similar "destructive" policies could be re-enacted in the US if Trump is re-elected in November, Krugman said. AdvertisementSome of Trump's economic policies during his presidency were flawed, Krugman said. If re-elected, Trump has said he plans on cracking down on immigration and imposing tariffs on US imports, especially those from China. "What's really worrisome, however, are indications that a future Trump regime would manipulate monetary policy in pursuit of short-run political advantage, justifying its actions with crank economic doctrines ...
Persons: , Paul Krugman, Krugman, Trump, he's, that's, Nouriel Roubini Organizations: Service, The New York Times, Business, Federal Reserve, Trump Locations: China, stoke
Congress returns to Washington: Here's what to watch for
  + stars: | 2024-04-29 | 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 EmailCongress returns to Washington: Here's what to watch forJake Sherman, Punchbowl News co-founder, joins 'Squawk Box' to discuss what to watch on Capitol Hill as Congress returns to Washington this week, the fate of House Speaker Mike Johnson, reports of Trump allies drafting up plans to erode the Fed's independence, and more.
Persons: Jake Sherman, Mike Johnson Organizations: Punchbowl News, Capitol, Trump Locations: Washington
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download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe US has acquired 81 Soviet-era combat aircraft from Kazakhstan, the Kyiv Post reported. The motive behind the US purchase remains undisclosed, said the Post, fueling speculation about potential use in Ukraine, where similar aircraft are in service. Kazakhstan, formerly part of the Soviet Union, has maintained close ties to Russia and historically was one of its strongest allies. Some of Russia's outspoken propagandists have suggested that Russia should look to Kazakhstan next following its invasion of Ukraine.
Persons: , Kassym, David Cameron, Antony Blinken, Olivier Douliery, Vladimir Solovyov Organizations: Service, Kyiv Post, Business, Mikoyan MiG, Soviet, Airforce Technology, Russian Defense Ministry, Russian Aerospace Forces, Ukrainian Air Force, Russia, Foreign, Ak, AP, AFP Locations: Kazakhstan, Kyiv, Ukraine, Soviet, Afghan, Soviet Union, Russia, Moscow, Germany, Astana, Russian, Western, China, Afghanistan, Iran
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe US has acquired 81 Soviet-era combat aircraft from Kazakhstan, the Kyiv Post reported. The US purchased 81 of the aged warplanes, said the Ukrainian Telegram channel Insider UA, per the Post. AdvertisementDerived from the MiG-23, the MiG-27 was a ground-attack aircraft and saw action in conflicts like the Soviet-Afghan War. Some of Russia's outspoken propagandists have suggested that Russia should look to Kazakhstan following its invasion of Ukraine.
Persons: , Mikoyan, Antony Blinken, Kassym, Olivier Douliery, Vladimir Solovyov Organizations: Service, Kyiv Post, Business, US, Ukrainian Telegram, UA, Mikoyan MiG, Soviet, Airforce Technology, Russian Aerospace Forces, Ukrainian Air Force, Russian Defense Ministry Kazakhstan, Ak, AP, AFP Locations: Kazakhstan, Kyiv, Ukraine, Russian, Soviet, Afghan, Soviet Union, Russia, Moscow, Astana, Western, China, Afghanistan, Iran
Opinion: Winds of fate confront Trump
  + stars: | 2024-04-28 | by ( Richard Galant | ) edition.cnn.com   time to read: +19 min
We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. To Trump’s delight, the top court’s session dimmed the chances the federal case will go to trial before the election. (Trump has denied the affairs with Daniels and McDougal and has pleaded not guilty to the hush money charges. Here’s why we should tune in anyway 04:27 - Source: CNNAs SE Cupp noted, “Trump and Biden debated twice in 2020. Chris Pizzello/Invision/APCNN anchor Victor Blackwell is a fervent Beyoncé fan but her foray into country music didn’t initially grab him.
Persons: CNN —, Yabushige, Yoshii, , , Toranaga, Donald Trump’s, Trump, Stormy Daniels, Jack Smith, Steve Vladeck, Neil Gorsuch, ” Clay Jones, immunizing Trump, John Roberts, Roberts, ” Vladeck, Joey Jackson, David Pecker, Pecker’s “, Michael Cohen …, Norm Eisen, George T, Conway III, Jill Filipovic, Melania Trump, Melania, Daniels, McDougal, ” Bill Bramhall, Frida Ghitis, Jonathan Greenblatt, ” “, Rev, Serene Jones, Israel … ”, Julian Zelizer, , Lyndon Johnson, Hubert Humphrey, Richard Daley, Richard Nixon, Fareed Zakaria, Ian Berlin, I’m, Bill Bramhall, Kara Alaimo, ” Alaimo, “ Trump, Biden, CNN’s Jake Tapper, ABC’s George Stephanopoulos, Chip Bok, Clarissa Wei, Mike Johnson, Sen, John Fetterman of, Johnson, Scott Jennings, it’s, Mark Hannah, “ Biden, ” Biden, Hannah, Deborah Carr, Gerry Turner, Theresa, ’ —, ” Carr, ” Don’t, Terri Gerstein, Hasan Merali, Tess Taylor, Jeff Yang, Dean Obeidallah, Joey Weatherford, Beyoncé, Chris Pizzello, Victor Blackwell, didn’t, , Carter, she’s, CNN FlashDocs, Duke Ellington, Sammy Miller, Billy Strayhorn, Ellington, Strayhorn, Michael Ochs, “ Ellington, Organizations: CNN, Republican, Art Deco New, , Trump, New, American Media, National Enquirer, Agency, Columbia University , Yale, Defamation League, Hillel, Columbia, Force, Union Theological Seminary, New York City Police Department, Columbia University, Twitter, Facebook, Democratic, Convention, Chicago police, Yale, Real Housewives, Syndicate, Theresa Nist, Nashville’s, Max, Michael Ochs Archives Locations: New York, Washington, Florida, Georgia, Israel, Israeli, Columbia, Gaza, Chicago, Vietnam, Taiwan, China, America, Taipei, , Ukraine, John Fetterman of Pennsylvania, Fetterman, Crimea, Los Angeles, Sugar, Harlem
Jim Pillen's support of a bill that would change the state's system of allocating electoral votes from one determined by individual congressional districts to one that would award the state's five electoral votes to the statewide victor. Nebraska Democrats vehemently fought back against this electoral change before the legislative session ended earlier this month and the measure didn't advance. If Nebraska went through with its change, Trump would likely win the state's entire share of electoral votes, given its strong GOP orientation. But if Maine also switched to a winner-take-all system before the 2024 election, Biden would be heavily favored to win all of that state's electoral votes and would thus win the Electoral College (270 to 268). Maine Democrats — who control the state legislature — had generally not spoken of tweaking their electoral allocation system ahead of 2024.
Persons: , Donald Trump, Maureen Terry, Jim Pillen's, Pillen, Joe Biden, Biden, Trump, North Carolina —, Maine Democrats —, Terry Organizations: Service, Maine Democratic, Electoral, Donald Trump . Maine, Congressional, Business, Republican Governor, Republican, Trump, Nebraska GOP Gov, Nebraska Democrats, Congressional District, Biden, Michigan, North Carolina, Democratic, Nebraska, Electoral College, Maine Democrats, Nebraska Republican Party Locations: Nebraska, Donald Trump ., Maine, Omaha, Pennsylvania, Wisconsin, Arizona, Georgia, Nevada, North
Sarajevo, the capital of Bosnia and Herzegovina, hosted the Winter Olympics in 1984. Forty years after the Games, many of the Olympic venues have remained abandoned. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. During the fighting, Olympic venues became battlegrounds, as ski slopes were heavily mined and hotels were turned into prisons. Here's what the 1984 Sarajevo Olympic venues look like in 2024.
Persons: , it's Organizations: Bosnian, Service, Reuters, P Locations: Sarajevo, Bosnia, Herzegovina, Yugoslavian, Moscow, Yugoslav, Yugoslavia, Olympics, Paris
Millennials are anxious avocado-eaters who'll never own property, while Gen Zers are depressed snowflakes who take liberties at work. So in the spirit of finding some common ground amid all the mud-slinging, BI asked six therapists what their clients from different generations commonly talk about in therapy. Gen Alpha are also forming friendships outside their family and independent of their parents or carers, and that's reflected in what kids worry about. Diana Garcia, a therapist in Florida, works mainly with older Gen Zers between 18 and 26. MillennialsLike Gen Zers, millennials, who are in their late 20s to early 40s, also feel insecure because they compare the "perfect lives" they see on social media with their own, Owen said.
Persons: , Millennials, who'll, Gen Zers, X, It's, Gen, Gallup, we're, Israa Nasir, Generation Alpha, There's, Georgina Sturmer, Elena Popova, Amanda Macdonald, Gen Alpha, Alonso, Gen Alphas, Jill Owen, Z, Owen, Diana Garcia, Nasir, Sturmer, Gen Xers, that's, boomers, we've Organizations: Service, Alpha, Business, Gallup, Generation, Centers for Disease Control, CDC, British Association for Counselling, Psychotherapy, Therapists Locations: New York, New Jersey, Florida
CNN —Hamas on Saturday published a video of two hostages, American-Israeli Keith Siegel and Israeli Omri Miran. In the video, Siegel, who appears to be speaking under duress, pleads for Israeli Prime Minister Benjamin Netanyahu to negotiate a hostage release deal with Hamas. This is the first video released of Siegel since he was kidnapped by Hamas alongside his wife from their home in Kibbutz Kfar Aza on October 7. Former Hamas hostage Aviva Siegel wears a T-shirt showing a her husband Keith during her visit to the UN Human Rights Council in Geneva on February 28, 2024. Fabrice Coffrini/AFP/Getty ImagesThis is the second hostage video released by Hamas in recent days.
Persons: Keith Siegel, Omri Miran, Siegel, Benjamin Netanyahu, Miran, , Aviva Siegel, Keith, Fabrice Coffrini, Hersh Goldberg, Polin, Goldberg, “ Keith, , Ilan, Israel Organizations: CNN, Hamas, Minister’s, UN Human Rights, Nova, Hostages Families, Aviva, Independence Locations: Kfar Aza, Israeli, Geneva, AFP, Israel, Egypt, Gaza
One of the architects of that plan for a Trump second term said as much in a video last year for the Heritage Foundation. Reissuing Schedule F is part of a roadmap, known as Project 2025, drafted for a second Trump term by scores of conservative groups and published by the Heritage Foundation. The new rules would not fully block reclassifying workers in a second Trump term. Greene said she worries for federal workers who might face the same choice in a second Trump term. The project includes a personnel database for potential hires in a second Trump administration.
Persons: Donald Trump, it’s, , Trump, Joe Biden, Donald Moynihan, Georgetown University's, ” Donald Moynihan, ” Moynihan, “ It’s, , Russell Vought, , you’re, Doreen Greenwald, Moynihan, Kenneth Baer, Barack Obama, ” Kenneth Baer, Peter Orszag, Pete Souza, Robert Shea, Eva Shea, George W, Bush, Laura Bush, Tina Hager, ” Biden, Baer, George Frey, ” Trump, Max Stier, Verna Daniels, ” Daniels, Catherine Greene, ” Greene, Tom Bewick, NIFA, ” Bewick, we’ll, Greene, Biden, “ We’ve, He’s, Hillary Clinton, he’d, James Comey, Bill Barr, Barr, Jeffrey Clark, Clark, Mark Meadows, Stephen Miller, Peter Navarro, he’ll Organizations: CNN, United, Republican, Democratic, Trump, , Georgetown, Georgetown University's McCourt School, Public, Georgetown University, Heritage Foundation, Management, Budget, of Justice, FBI, Environmental Protection Agency, Vought, National Treasury Employees Union, OMB, White, Personnel Management, Land Management, Department of Agriculture, Kansas City, Partnership for Public Service, Government, Office, GAO, Economic Research Service, National Institute of Food, Agriculture, USDA, National Institute for Food, NIFA, Applied Economics Association, BLM, Getty, Department of Justice, Justice Department, Univision, Justice, Department, U.S . Justice, Center, Washington Post, National Security and Intelligence, of Homeland Security, of Education and Commerce, Federal Communications Commission, Federal Trade Commission Locations: United States, Washington, Georgetown, , Colorado, DC, Kansas, Colorado, Virginia, America, Grand Junction, Washington ,, New York City, New York, Georgia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThings went the wrong way for the Fed in the first quarter, says Evercore ISI's Krishna GuhaKrishna Guha, Evercore ISI vice chairman, joins 'Squawk Box' to discuss the Fed's inflation fight, interest rate outlook, news of Trump allies drafting plans to erode the Fed's independence if he wins the 2024 election, and more.
Persons: Evercore ISI's Krishna Guha Krishna Guha, Evercore Organizations: Fed, Trump
Some members of Trump's team want to restructure the Federal Reserve, the WSJ reported. That could include allowing the president to have a direct say on interest rate decisions. Trump has previously been critical of Powell's handling of interest rates during the pandemic. To help the Fed achieve its 2% inflation target, the Federal Open Market Committee has hiked interest rates 11 consecutive times since March 2022. Advertisement"I think he's going to do something to probably help the Democrats, I think, if he lowers interest rates," Trump said, adding that "it looks to me like he's trying to lower interest rates for the sake of maybe getting people elected."
Persons: Jerome Powell, , Donald Trump, Trump, President Trump, Susie Wiles, Chris LaCivita, Powell, Ron DeSantis, Nikki Haley, Vivek Ramaswamy, Joe Biden, Robert F, Kennedy Jr, Biden Organizations: Federal Reserve, Service, Street, Trump, Management, Federal, Fed, Fox News, Republican, Florida Gov, South Carolina Gov, Biden, GOP Locations: New York
Reuters —Burkina Faso’s military in February summarily executed about 223 villagers, including at least 56 children, as part of a campaign against civilians accused of collaborating with jihadist militants, Human Rights Watch (HRW) said on Thursday. The spokesperson for the Burkina Faso government did not respond to phone calls seeking comment on the HRW report. Retaliatory attacksRights groups have previously accused the military in junta-ruled Burkina Faso of attacking and killing civilians suspected of collaborating with militants in retaliatory operations. Burkina Faso is one of several Sahel nations that have been struggling to contain Islamist insurgencies linked to al Qaeda and Islamic State that have spread from neighboring Mali since 2012, killing thousands and displacing millions. Frustrations over authorities’ failure to protect civilians have contributed to two coups in Mali, two in Burkina Faso and one in Niger since 2020.
Persons: Witnesses, HRW, Tirana Hassan, Mali’s Organizations: Reuters, Burkina, jihadist, Human Rights Watch, Ouahigouya, HRW, Facebook, Burkina Faso, Authorities, Rights Watch, Burkinabe, African Union, United Nations, Islamic Locations: Burkina Faso’s, Yatenga, Burkina Faso, Komsilga, Burkina, Nodin, Soro, al Qaeda, Islamic State, Mali, Niger
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWSJ's Nick Timiraos on Trump allies' efforts to erode the Fed's independenceNick Timiraos, The Wall Street Journal chief economics correspondent, joins 'Squawk Box' to discuss reports of Trump allies drafting plans to erode the Fed's independence if the former president wins the 2024 election, how plausible the scenario would be, and more.
Persons: Nick Timiraos Organizations: Trump, Street Journal
On top of that, she added that tech companies will give people in AI-related jobs bonuses for performance and plenty of equity compensation. About half of the people came from Big Tech companies. Gill said the new Kognitos hires who haven't come from Big Tech have jumped ship from other startups. Some AI talent are even striking it out on their own to start their own companies. He left his tech job to form an AI startup after seeing another large fundraise from another new AI company.
Persons: , Sam Altman, Altman, Mark Zuckerberg, Dan Portillo, Goldman Sachs, Jaclyn Rice Nelson, Nelson, that's, Claude chatbot that's, Binny Gill, Kognitos, Gill, he's, haven't, David Steinberg, Steinberg, AI's Nelson, There's, Greg Selker, Stanton Chase, Selker, hemming, hawing Organizations: Service, Business, Meta, Sweat Equity Ventures, OpenAI, Big Tech, Zeta Global Locations: Anthropic, ChatGPT
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump allies' plans to erode Fed's independence is 'incredibly dangerous': Semafor's Liz HoffmanLiz Hoffman, Semafor business and finance editor, joins 'Squawk Box' to discuss reports of Trump allies quietly drafting proposals that would attempt to erode the Fed's independence if the former president wins the 2024 election, how plausible the scenario would be, and more.
Persons: Liz Hoffman Liz Hoffman Organizations: Email Trump, Trump
An effort to give Trump more say on ratesThis week, investors had planned to examine the latest inflation data, due out at 8:30 a.m. Eastern on Friday, for clues about when the Fed would start cutting interest rates. The Wall Street Journal reports that allies of Donald Trump are devising ways of watering down the central bank’s independence if he is re-elected president. But it also raises questions about whether such a plan is possible — or whether Trump’s Wall Street supporters would back it. Among the most consequential would be asserting that Trump had the authority to oust Jay Powell as Fed chair before Powell’s term is up in 2025. While Trump gave Powell the job in 2017, he has since soured on his pick for raising rates, and has publicly said he wouldn’t give Powell a second term.
Persons: Donald Trump, Trump, Jay Powell, Powell, wouldn’t Organizations: Trump, Street Journal, Wall
Allies of former president Trump are drafting plans to chip away at the independence of the Fed, The Wall Street Journal reported. Trump has not publicly acknowledged the plan, but sources said it has his blessing. The plan also suggests Trump could fire Jerome Powell before his term ends in 2026. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .
Persons: Trump, Jerome Powell, , Donald Trump's Organizations: Fed, Street Journal, Service, Republican, Federal Reserve, Street, Business
Joyce Preston, who's from the UK, turned 100 in March. It was also the year that Joyce Preston, who turned 100 years old last month, was born in the British town of Stockport. There, she starts her day by doing yoga or gentle exercise and loves going for walks. Joyce Preston/ Care UKPreston never married, and her biggest tip for reaching 100 is to "stay single." Joyce Preston/ Care UKBe religiousAs a founding member of an independent evangelical church, religion is important to Preston, and she believes it has contributed to her long life.
Persons: Joyce Preston, , Preston, Bryan Johnson, Paul Dolan, Preston doesn't, Rose Anne Kenny, doesn't, Joseph Maroon, Heidi Tissenbaum Organizations: Service, Care UK's, Court, Abney Court, Abney Court Care, US Bureau of Labor Statistics, Care, London School of Economics, Guardian, gerontology, Trinity College Dublin, LongeviQuest, University of Locations: who's, Ottoman Empire, Soviet Union, Stockport, Preston, Abney, Latin America
Lindsey and David Barber save 75% to 80% of their income for retirement and their son's future. Despite having enough to retire early, the millennial couple plans to keep working. AdvertisementLindsey Harrison Barber, 34, and her husband, David Barber, 35, have enough to retire early, but neither intends to slow down. Lindsey owns a marketing agency, while David owns an insurance agency, which bring in a combined eight figures in top-line revenue. Some are part of the FIRE movement — financial independence, retire early — though others are moving away from early retirement, whether to continue building generational wealth or transitioning to lower-stress roles that still give them something to do.
Persons: Lindsey, David Barber, they've, , Lindsey Harrison Barber, David, we've, we're, he's, hasn't, they're, she'll, they'll Organizations: Service, Business, North Carolina Locations: North Carolina , Texas , Kentucky, Ohio, Lindsey, North Carolina
They'd been smart with their money, Carl had maxed out his 401(k) every year, and they'd made money flipping homes. With a specific early retirement goal in mind, however, they revamped their investment strategy — and they started seeing results. He and Mindy, who works part-time as a podcast host for BiggerPockets, have grown their investment portfolio from $586,000 in 2013 to $4.6 million in 2024. "Almost all of our new money goes to index funds at this point in our life." Courtesy of Carl and Mindy JensenAs for general investing advice, "If they want to be completely passive, they should do index funds," said Carl.
Persons: Carl Jensen, , weren't, They'd, Carl, maxed, they'd, Mindy, Carl Jensen They're, who's, I'm, Let's, we're, we've, Collins, Jensen, Mindy Jensen Organizations: Independence, Business, Google, Vanguard, Fund, Vanguard Information Technology Index Fund ETF, Fidelity, MLS Locations: Longmont , Colorado, It's, Colorado
Ukrainian President Volodymyr Zelenskyy talked about what it will take to maintain Ukrainian independence, his soldiers’ morale, and the country’s next presidential election in an exclusive video interview with German media house Axel Springer.
Persons: Volodymyr Zelenskyy, Axel Springer
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