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Chesebro was the third of 19 codefendants in the Georgia case to make a deal, a monumental legal and personal blow to Trump, who highly prizes loyalty among his associates. Another former Trump lawyer, Sidney Powell, entered into a plea deal Thursday, following a September deal by a lesser-known bail bondsman, Scott Hall. While other defendants – especially Trump – have pushed for later trial dates, Chesebro insisted on his right to a speedy trial. Jury selection for his case started Friday, and Chesebro entered into the plea deal hours after potential jurors filed into the courthouse. The Chesebro deal could be the third domino to fall against Trump and other high-level defendants such as former Trump lawyer and New York Mayor Rudy Giuliani.

Persons: Kenneth Chesebro, Donald Trump's, Chesebro, Trump, Joe Biden, Sidney Powell, Scott Hall, –, Fani Willis, Willis, Rudy Giuliani, Joyce Vance, ”, MAGA, Michael Cohen, Arthur Engoron, Engoron, Chris Kise Organizations: Trump, Biden, Biden's, U.S . Capitol, Act, New York, MSNBC Locations: Georgia’s Fulton County, Georgia, Fulton County, New York

☆ A Financial Crisis in China Is No Longer Unthinkable
▼ + stars: | 2023-10-19 | by ( Greg Ip | ) www.wsj.com time to read: 1 min

Country Garden, once seen as one of China’s most stable property developers, is now struggling financially, leaving the future of unfinished megadevelopments like Malaysia’s Forest City in doubt. Here’s how overbuilding, and a streak of bad luck, have left China’s real-estate developers in the red. Photo: Adam AdadaThe world’s second-largest economy has a deflating property bubble, local governments struggling to pay their debts and a banking system heavily exposed to both. Anywhere else these factors would be seen as precursors of a financial crisis. But not in China, conventional wisdom goes, because its debts are owed to domestic rather than foreign investors, the government already stands behind much of the financial system and capable technocrats are on top of things.

Persons: Adam Adada Organizations: Malaysia’s Forest City Locations: Malaysia’s Forest, China

☆ Don’t Rule Out a Financial Crisis in China
▼ + stars: | 2023-10-19 | by ( Greg Ip | ) www.wsj.com time to read: 1 min

The International Monetary Fund envisions China’s growth averaging 4% over the next four years, down from its projection of 4.6% a year ago. Photo: Cfoto/Zuma PressThe world’s second largest economy has a deflating property bubble, local governments struggling to pay their debts and a banking system heavily exposed to both. Anywhere else these factors would be seen as precursors of a financial crisis. But not in China, conventional wisdom goes, because its debts are owed to domestic rather than foreign investors, the government already stands behind much of the financial system and capable technocrats are on top of things.

Organizations: Monetary Fund, Zuma Locations: China

☆ Deflation is the anti-inflation. Here's where prices fell in September 2023 in one chart
▼ + stars: | 2023-10-13 | by ( Greg Iacurci | ) www.cnbc.com time to read: +1 min

At their pandemic-era peak, consumer prices were rising faster than at any point in 40 years. Inflation has been declining gradually, which means prices are still rising but at a slower pace, also known as disinflation. Some prices have actually deflated over the past year, according to the consumer price index. Deflation is the opposite of inflation: It means consumers are seeing prices decline in certain categories. Over the long term, consumers also generally see savings as manufacturers shift goods production to lower-cost areas, Zandi said.

Persons: —, Mark Zandi, Zandi Organizations: Getty, Consumers, Goods, Moody's, Energy Locations: U.S, Russia, Ukraine

☆ These books are being used to train AI. No one told the authors
▼ + stars: | 2023-10-08 | by ( Leah Asmelash | ) edition.cnn.com time to read: +7 min

CNN —Almost 200,000 books are being used to train artificial intelligence systems by some of the biggest companies in technology. Books3 is already the subject of multiple lawsuits against Meta and other companies using the system to train AI. Now, thanks to a database published by The Atlantic last week pulling from Books3, authors can see whether their books specifically are being used to train these AI systems. They stole a part of me.”Nora Roberts, the prolific romance novelist, has 206 books used in the Books3 database, according to The Atlantic. With the popularity of text-to-image AI systems, visual artists were in same situation last year, discovering their work was being used to train AI without permission.

Persons: Books3, “, ”, Mary H, Choi, “ I’m, I’m, ” Choi, ” Min Jin Lee, Pachinko, ” “, Al, ” Nora Roberts, William Shakespeare, ” Roberts, Nik Sharma, I’d, Sharma, ” Sharma, James Chappel, ” Chappel, ChatGPT, aren’t, Joe Biden, Choi isn’t, Roberts Organizations: CNN, The Atlantic, Meta, New York Times, Food, Millionaires, West, Bloomberg, Guild of America, WGA Locations: Korean

☆ Be ready for the S&P 500 to crash by 50%, house prices to slide, and a recession to strike, Jeremy Grantham says. Here are the elite investor's 16 best quotes from a new interview.
▼ + stars: | 2023-10-07 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +6 min

The elite investor sees house prices falling and predicts a recession will strike next year. AdvertisementAdvertisementJeremy Grantham floated the possibility of a 50% crash in the S&P 500, predicted US house prices would drop, and rang the recession alarm during the latest episode of Bloomberg's "Merryn Talks Money" podcast. They're vulnerable on the debt front, vulnerable on the financial front, and vulnerable on a broad economic front." "An over 40-year period of driving down mortgage rates, of course you drove up house prices all over the world, pretty much. "House prices are worse for the ordinary household.

Persons: Jeremy Grantham, —, Merryn, bitcoin, It's, Russell, overpricing, it's, They've Organizations: Service, Commodities

(AP) — Jaxson Dart threw for four touchdowns, including a 13-yard, game-winner to Tre Harris with 39 seconds remaining as No. Daniels was 15 for 19 passing for 234 yards and three touchdowns, added 67 rushing yards and a QB rating of 234.5. 20 Rebels, the fourth highest ranked SEC team in the poll, are poised to move up, but no SEC team has moved up more than five slots in any single week. 13 LSU is certain to drop, but will the Tigers become this season’s first two-loss team to remain in the Top 25? 20 Rebels host Arkansas to complete a two-game home stand on Saturday.

Persons: Jaxson Dart, Tre Harris, Ole Miss, Jayden Daniels, Chris Hilton Jr, Dart, Brian Thomas Jr, Daniels, Harris, Ole, Lane Kiffin’s, Thomas, Logan Diggs Organizations: OXFORD, Miss, LSU, Rebels, Tigers, The Rebels, Alabama, Ole Miss, SEC, AP Locations: Mississippi, Missouri, Arkansas

☆ The job Americans would most like to see replaced by robots
▼ + stars: | 2023-09-27 | by ( Joseph Bien-Kahn | ) www.businessinsider.com time to read: +26 min

In a survey of jobs Americans would most like to see replaced by robots, the umpire would surely rank near the top. (The MLB league official tells me that legalized gambling has not been a factor in implementing ABS.) Frustratingly, the subjective has infiltrated what initially felt like a technological problem: What does the perfect strike zone even look like anyway? The MLB league official agrees, telling me the Jetson Robot Home Plate Ump is not in their plans. "Growing up, my parents would go, 'Oh, the umpire's strike zone was small!'

Persons: Jordan Pacheco, Pacheco, John McEnroe, —, Billy Beane, maniacally, Houston, it's, Ben Hurian, Paul Hawkins, Goltz, Tyler Le, Justin Goltz, he's, there's, rears, Tyler Fitzgerald, Fitzgerald, who's, FanGraphs, Bagwell crouch, Miguel Yajure, Phillip Evans, Evans, X, they'd, Dylan Yep, what's, we're, Rob Manfred, — England's, Calvin Baker, Baker, Drew Strotman, Billy Evans, Strotman, Greg Maddux, MIT grads, steph, klay thompson, alf, hite, mudge, hird, ove, ahn Organizations: Lexington Legends, Twitter, Major League, ump, MLB, Sony, NASCAR, Triple, Albuquerque, Colorado Rockies, Astros, Companies, English Premier League soccer, Rugby, NFL, NBA, ABS, Sutter Health Park, Cats, San Francisco Giants, River, Reno Aces, AAA, Atlantic League, Big, of Fame, Seton Hall Sports, MIT, hawkeyes, ust Locations: OKC, California, Sacramento, uman

Operating income in the FedEx unit, which delivers packages for retailers like Walmart (WMT.N), jumped 59% for the quarter ended Aug. 31. Analysts expect customer gains from UPS to be less durable than those from Yellow. "UPS will likely be able to regain much of its lost market share," Edward Jones analyst Matt Arnold said. Without offering a specific forecast, FedEx said it was "well-positioned" for the upcoming holiday season, when volume typically doubles due to e-commerce sales. FedEx tempered its full-year revenue forecast on Wednesday.

Persons: Raj Subramaniam, Edward Jones, Matt Arnold, D.E, Shaw, Lisa Baertlein, Priyamvada, Bill Berkrot, Leslie Adler Organizations: FedEx, UPS, Wall, United Parcel Service, Walmart, FedEx Freight, Thomson Locations: Memphis , Tennessee, Los Angeles, Bengaluru

PHILADELPHIA (AP) — Jalen Hurts ran for a pair of 1-yard touchdowns and threw a 63-yard TD pass to DeVonta Smith, D’Andre Swift ran for 175 yards and a score, and the NFC champion Philadelphia Eagles held off the turnover-prone Minnesota Vikings 34-28 on Thursday night. “We Own UR SKOL Tonight,” one Eagles fan sign read after the TD. Kirk Cousins hit Jordan Addison for a 62-yard touchdown that made it 27-14 in the fourth and found K.J. Osborn for a 10-yard TD that cut it to 27-21 and put the Eagles (2-0) on edge. Political Cartoons View All 1160 ImagesBut Swift scored on a 2-yard run for a 34-21 lead with 4:13 left and the Vikings didn't have enough time to score twice.

Persons: DeVonta Smith, D’Andre Swift, Smith, Kirk Cousins, Jordan Addison, Osborn, Swift, Justin Jefferson, Cousins, Jefferson Organizations: PHILADELPHIA, NFC, Philadelphia Eagles, Minnesota Vikings, Eagles, Vikings, Tampa Locations: Minnesota, Tampa Bay, Philly

☆ CNBC Daily Open: The long-awaited recession might not come
▼ + stars: | 2023-07-18 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Meanwhile, China's lackluster gross domestic product figures, released yesterday, prompted Wall Street to cut their expectations of China's annual growth to around 5%. Peak oil demandIndia imported 2.2 million barrels of Russian oil per day in June. Since Russia invaded Ukraine in February last year and oil price caps were instituted, India has become one of the leading importers of Russian oil. Buffett previously revealed Berkshire added to its initial Activision stake in a bet the deal would close and cause shares to rise.

Persons: Hong, Hong Hao, Viktor Katona, Berkshire Hathaway, Buffett, Bitcoin, bitcoin Organizations: New York Stock Exchange, CNBC, Grow Investment, Activision Blizzard, Microsoft, Activision, BlackRock Locations: New York City, Asia, Pacific, India, Russia, Ukraine, Berkshire

☆ The No. 1 way to grow your wealth, according to a self-made millionaire: It’s ‘deceptively simple’
▼ + stars: | 2023-07-07 | by ( Isabel Engel | In Isabel--Engel | ) www.cnbc.com time to read: +3 min

Building wealth might not be as difficult as you think, says self-made millionaire and author of "I Will Teach You to Be Rich" Ramit Sethi. Having spent 20 years of his career writing about money and psychology, Sethi knows what it takes to grow your money. "The top ways to grow your wealth are really simple, almost deceptively so," he says. "Listen, I have access to those investments, and I can tell you right now, they typically do not perform better than a simple S&P index fund." "The ordinary truth is that you can get great returns with a simple low-cost long-term index fund," Sethi says.

Persons: Ramit Sethi, Sethi, Howard Silverblatt, Dow, Madelyn Machado Organizations: CNBC, Dow Jones, Bloomberg Locations: Tampa , Florida

☆ Julian Sands spoke about dangers of mountain climbing months before death
▼ + stars: | 2023-07-04 | by ( Hafsa Khalil | ) edition.cnn.com time to read: +2 min

CNN —British actor Julian Sands, whose remains were found last month after he disappeared during a climbing trip in a California mountain range in January, spoke of how “dangerous” the activity could be in his last UK interview before he went missing. Sands had been promoting his latest role in a BBC radio drama “The Willows,” when the conversation turned to his upcoming climbing trip. “My version of LA isn’t swimming pools and parties … It’s rattlesnakes, bears, cougars, mountains,” he said during the interview. The Yorkshireman said climbing was about finding “solace” and “self-affirmation,” Radio Times reported. Human remains found in the area June 24 have since been declared to be those of the actor.

Persons: Julian Sands, “ I’ve, ”, Sands, –, you’re, “ Organizations: CNN, ” Sands, Radio Times, BBC Locations: British, California, ”, Mount Baldy

☆ Stocks edge higher with Treasury yields in holiday-shortened session
▼ + stars: | 2023-07-03 | by ( Sinéad Carew | ) www.reuters.com time to read: +6 min

Apple (AAPL.O) closed down 0.8% on Monday after closing Friday's session with a $3 trillion market valuation. Still, MSCI's world equity index (.MIWD00000PUS) earlier hit its highest level in just over two weeks, while the pan-European STOXX 600 index (.STOXX) also hit a two-week peak closing down. The pan-European STOXX 600 index lost 0.21% while MSCI's gauge of stocks across the globe (.MIWD00000PUS) gained 0.31%. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) closed 1.46% higher, while Japan's Nikkei (.N225) added 1.70%. The dollar index rose 0.039%, with the euro down 0.01% to $1.0909.

Persons: Brendan McDermid, Dow, Peter Tuz, Tesla, we're, Paul Volcker, Sterling, May's, Brent, Sinéad Carew, Dhara Ranasinghe, Wayne Cole, Karin Strohecker, Amanda Cooper, David Evans, Mark Potter, Andrea Ricci Organizations: New York Stock Exchange, REUTERS, Wall, U.S, Treasury, Nasdaq, Apple, Banks, Chase Investment, Dow Jones, Japan's Nikkei, Fed, Key, Bank of Japan, Federal, Thomson Locations: New York City, U.S, ., Charlottesville , Virginia, Asia, Pacific, Japan, United States, Saudi Arabia, Russia, New York, London, Sydney

☆ Stocks make little progress with Treasury yields choppy in holiday-shortened session
▼ + stars: | 2023-07-03 | by ( Sinéad Carew | ) www.reuters.com time to read: +5 min

However, U.S. construction spending rose more than expected in May as a severe shortage of houses boosted single-family homebuilding. U.S. data on Friday, which hinted towards cooling inflation, helped bolster gains in the tech sector and underpinned sentiment in world stocks. The pan-European STOXX 600 index (.STOXX) lost 0.21% and MSCI's gauge of stocks across the globe (.MIWD00000PUS) gained 0.29%. U.S. Treasury yields were last up but lost ground earlier after the economic data showed the manufacturing sector continues to struggle. Gold prices advanced slightly on Monday as weaker economic readings cast doubts over whether the Federal Reserve would stick to its hawkish policy outlook.

Persons: Dow, Paul Volcker, Peter Tuz, we're, Sterling, May's, Brent, Sinéad Carew, Dhara Ranasinghe, Wayne Cole, Karin Strohecker, Amanda Cooper, David Evans, Mark Potter, Andrea Ricci Organizations: YORK, Wall, Nasdaq, U.S, Treasury, Fed, Apple, Chase Investment, Dow Jones, Japan's Nikkei, Key, Bank of Japan, Federal, Thomson Locations: United States, U.S, ., Charlottesville , Virginia, Asia, Pacific, Japan, Saudi Arabia, Russia, New York, London, Sydney

☆ The ground has shifted on gay marriage for conservative Christians.
▼ + stars: | 2023-06-30 | by ( Ruth Graham | ) www.nytimes.com time to read: +1 min

For decades, opposition to same-sex marriage was a marquee issue for the religious right in the United States. Activists like Anita Bryant, Jerry Falwell and James Dobson characterized homosexuality as a threat to traditional family life. Public opinion on same-sex marriage has turned rapidly toward acceptance this century. In the early 2000s, about 60 percent of Americans opposed it, according to the Pew Research Center. Another poll by Pew found that almost half of white evangelicals born after 1964 favored same-sex marriage in 2017, compared to about a quarter of older white evangelicals.

Persons: Anita Bryant, Jerry Falwell, James Dobson, Hodges, Tony Perkins, ”, Franklin Graham, Pew Organizations: Family Research, Christianity Today, Pew Research Center Locations: United States, Obergefell

☆ FedEx profit falls on lower e-commerce demand
▼ + stars: | 2023-06-20 | by ( ) www.reuters.com time to read: +1 min

June 20 (Reuters) - FedEx (FDX.N) on Tuesday reported a fall in quarterly adjusted profit after a bigger-than-expected drop in e-commerce delivery demand offset its $4 billion cost-cutting plan aimed at sheltering margins. The deflating e-commerce delivery bubble, recession risks and pressure from an activist investor pushed Tennessee-based FedEx to begin slashing fixed costs in a bid to protect margins. While the global shipping downturn has been a margin drag for most operators in the sector, FedEx also faces a balancing act of matching costs and capacity with waning demand. The company posted an adjusted profit of $4.94 per share for the fourth quarter ended May 31, compared with $6.87 per share a year earlier. Reporting by Priyamvada C in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

Persons: Priyamvada, Devika Organizations: FedEx, Thomson Locations: Tennessee, Bengaluru

☆ I was burnt out and overworked my first 2 years as a lawyer. Then I learned how to set boundaries and say 'no.'
▼ + stars: | 2023-05-30 | by ( Kelly Nolan | ) www.businessinsider.com time to read: +5 min

Despite my awareness of this, I still didn't know how to say no, so I kept saying yes. It's critical to find "no" phrasing you're comfortable with so you actually feel comfortable saying it when necessary. For example, if your boss asks you to take on a new project, can you really just say "no" and walk away? While you don't need to explain the details of your current workload when you initially say no, be clear on them yourself. Saying no — frequently — is critical to creating boundaries around your time so you can show up strong at work and live a life you're excited about.

☆ Warren Buffett Likes Japanese Stocks—Maybe You Should Too
▼ + stars: | 2023-05-16 | by ( Jacky Wong | ) www.wsj.com time to read: 1 min

Warren Buffett’s investment flagship Berkshire Hathaway now owns more stocks in Japan than any other country outside of the U.S. Photo: SCOTT MORGAN/REUTERS“This time is different” are the four most dangerous words in investing. But Japanese investors have reasons to be confident that positive changes are afoot in the market. Japanese stocks have reached their highest level since 1990, when the country’s famous asset bubble was deflating. The Topix index has gained 12% this year, putting it among the best performing markets in the world in 2023. And even renowned investor Warren Buffett has cast his vote of confidence in the market—his investment flagship Berkshire Hathaway now owns more stocks in Japan than any other country outside of the U.S.

☆ Altimeter CEO: Autos will have difficulty to pass on price increases when the industry is deflating
▼ + stars: | 2023-05-01 | 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 EmailAltimeter CEO: Autos will have difficulty to pass on price increases when the industry is deflatingAltimeter Capital CEO Brad Gerstner joins 'Halftime Report' to discuss pricing constraints on the auto industry and the recovery on the supply chain.

“And we kind of thought that they were going to take us.”They waited, well into the early hours of the morning – before finally getting an email from the US State Department. However, the US State Department has advised that American citizens in Sudan “should have no expectation of a US government-coordinated evacuation at this time” due to the security situation and the closure of the airport in Khartoum. “It is imperative that US citizens in Sudan make their own arrangements to stay safe in these difficult circumstances,” said State Department deputy spokesperson Vedant Patel at a news briefing last Friday. The French Embassy in Sudan was carrying out a separate evacuation for French citizens, and foreigners of other nationalities were welcome. Welker also argued that Americans in Sudan are largely there for humanitarian and educational reasons – and that the US should help retrieve all those who want to leave.

☆ Opinion | DeSantis Is Letting Trump Humiliate Him
▼ + stars: | 2023-04-21 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +2 min

Trump might be easier for Joe Biden to beat, but anyone who gets the Republican nomination has a chance of being elected, and the possibility of another Trump term is intolerable. Ron DeSantis, the Florida governor who was supposed to stop Donald Trump, is deflating before even entering the race, with his poll numbers softening and donors fretting. Trump, meanwhile, seems more buoyed than hindered by his ever-proliferating scandals, and is racking up endorsements at DeSantis’s expense. The ad from the Trump camp is inspired by reporting about DeSantis eating pudding with his fingers on an airplane. “Trump should fight Democrats, not lie about Governor DeSantis,” the ad continues — whining about Trump’s aggression rather than countering it.

☆ Oh Canada, is this the year the Stanley Cup comes home?
▼ + stars: | 2023-04-15 | by ( Steve Keating | ) www.reuters.com time to read: +5 min

Not since the Montreal Canadiens beat the Los Angeles Kings in 1993 has the Stanley Cup been paraded through a Canadian city, an ego-deflating run of failure that has scarred a generation of fans. After winning the Stanley Cup in 1967, Maple Leafs defenceman Larry Hillman allegedly jinxed the team, saying they would not win it again until the club settled a contract dispute and paid him the $2,400 plus interest he believed he was owed. The Maple Leafs' big misfortune is playing in the same division as the Boston Bruins, who this season set NHL records for wins (65) and points (135), and the Tampa Bay Lightning, Stanley Cup finalists for the last three years. These two teams are once again hurdles that must be cleared on the way to a Stanley Cup. When the playoffs open on Monday, the Oilers will be the first of the Canadian teams to hit the ice, hosting the Los Angeles Kings in Game One of their best-of-seven series.

The move to integrate FedEx Ground, its outsourced package delivery arm, with the FedEx Express overnight air delivery business was announced almost a year after activist investor D.E. FedEx Express is already handling FedEx Ground's pickup and deliveries in Alaska and Hawaii - fueling concerns that Ground contractors in the lower 48 states could be let go. John Smith will become president and CEO of U.S. and Canada ground operations at FedEx Express and assume leadership of surface operations across the FedEx Express, FedEx Ground and FedEx Freight businesses from April 16. FedEx Freight will continue to provide freight transportation services as a standalone company under the Federal Express Corp banner, the company added. Shares in FedEx, which also announced a 10% dividend boost on Wednesday, were up about 2% in mid-morning trade.

☆ 'The Super Mario Bros. Movie' is set for a big opening weekend — despite bad reviews
▼ + stars: | 2023-04-05 | by ( Sarah Whitten | ) www.cnbc.com time to read: +6 min

In this article 7974.T-JP Follow your favorite stocks CREATE FREE ACCOUNTChris Pratt and Charlie Day voice Mario and Luigi in Universal and Illumination's "The Super Mario Bros. Universal"The Super Mario Bros. Movie" isn't looking like a smash with the critics. And box office analysts don't foresee poor critical reviews deterring moviegoers, particularly families, from venturing to the cinema to see "The Super Mario Bros. Jack Black voices the villainous Bowser in Universal and Illumination's "The Super Mario Bros. Movie" UniversalRadheyan Simonpillai, Globe and MailLong before critics sat down to watch "Super Mario Bros.," there was a big question about the film's top-billed voice actor — Chris Pratt. "I wonder whether the filmmakers were too timid to draw outside the lines with this copyright protected material, lest they end up with something like the disastrous live-action 1993 movie, 'Super Mario Bros.,'" he said.

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