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☆ Morgan Stanley’s Jonas downgrades Ford and GM, citing China competition, problems with U.S. consumer
▼ + stars: | 2024-09-25 | by ( Fred Imbert | ) www.cnbc.com time to read: +3 min

GM was lowered to underweight from equal weight, with the price target cut to $42 from $47. Additionally, Jonas lowered his rating on EV maker Rivian to equal weight from overweight, cutting his price target to $13 from $16. F GM 5D mountain F and GM fall Ford Motor shares have struggled in 2024, losing more than 10%. These headwinds, coupled with "peak earnings" and electric vehicle and regulatory risks, will also send GM shares lower. On Rivian, Jonas said, "The downgrade reflects our incorporation of the capital intensity of [autonomous vehicles] which may be required to fulfill the technological underpinnings that attracted Volkswagen as a JV partner."

Persons: Morgan Stanley's Adam Jonas, Ford, Jonas, Rivian Organizations: U.S, Ford Motor, General Motors, GM, Rivian, Ford, Volkswagen, Magna International, Federal Locations: China

☆ Inside the strain challenging the US Secret Service
▼ + stars: | 2024-09-25 | by ( Betsy Klein | Jamie Gangel | ) edition.cnn.com time to read: +12 min

While the reputation of the US Secret Service is one of precision, vigilance and security, the reality is more complicated – a high-stress, high-intensity workplace beset by management and logistical issues. (The Secret Service is mandated to protect all foreign heads of state while they are on US soil). “Following the events of July 13, the U.S. Secret Service enhanced our protective model for protectees. According to the Secret Service official, the agency’s attrition rate was 10.26% in fiscal year 2022, 8.78% in 2023, and 8.85% for fiscal year 2024 so far. A USSS spokesman disputed any reports of tension between Secret Service and the Bidens.

Persons: Donald Trump, Butler, ”, Joe Biden, protectee, USSS, Kamala Harris, Sen, JD Vance, Tim Walz, That’s, ” Anthony Guglielmi, ” Guglielmi, ” Biden, “ They’re, Ronald Rowe, Kimberly Cheatle, “ You’re, Rowe, nodded, Jonathan Wackrow, Trump, Wackrow, Biden, ’, “, Trump’s Butler, CNN’s Whitney Wild Organizations: CNN, Service, Secret Service, San Francisco, Trump, Gov, United Nations General Assembly, Democratic, Republican, Secret, Places, Federal Government, Public Service, Boston Consulting, Washington Post Locations: Butler , Pennsylvania, Florida, San Francisco, Asia, Pacific, San, New York, U.S, Cheatle

☆ Residents of Wyoming have the most positive outlook on life, new survey shows—Hawaii didn't make the top 5
▼ + stars: | 2024-09-25 | by ( Renée Onque | ) www.cnbc.com time to read: +1 min

Hawaii may be the happiest state in America, but according to a recently conducted study, the residents of Wyoming have the most positive outlook on life. The company polled 5,000 U.S. adults, including 100 participants from each state. The survey was also done in partnership with Dr. Deepika Chopra, a behavioral scientist who is commonly referred to as "The Optimism Doctor." "Scores were averaged together to provide a score of that state's optimism," according to the press release. Hawaii didn't make the top five on the list, despite being known for its stellar weather and happy residents.

Persons: Dr, Deepika Chopra Organizations: Wakefield Research Locations: Hawaii, America, Wyoming

☆ These are the top 10 emerging startups in India in 2024, according to LinkedIn
▼ + stars: | 2024-09-25 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +1 min

Zepto is the top startup to work for in India in 2024, according to LinkedIn. LinkedIn released its seventh annual top startups list for India, showcasing the country's emerging companies based on data from the professional social-networking site. In fact, India has the third-largest startup ecosystem in the world, according to official government site Startup India. In addition, the report noted the number of startups in India rose 71.5% from about 20,000 startups in 2021 to over 34,000 startups 2023. These are the top 10 emerging startups in India, according to LinkedIn:

Persons: Zepto, Lee Organizations: LinkedIn, Startup, Lee Kuan Yew, of Public, National University of Singapore Locations: India, U.S, China

☆ Gold touches record high on rate-cut bets, weaker U.S. dollar
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: +2 min

Gold bars sit in a vault at the Perth Mint Refinery, operated by Gold Corp, in Perth, Australia, on August 9, 2018. Gold hit a record high on Wednesday, boosted by a softer U.S. dollar and hopes of more interest rate cuts, while investors looked for new signals for the Federal Reserve's interest rate trajectory. Spot gold was steady at $2,658.08 per ounce, as of 0557 GMT, after hitting an all-time high of $2,670.43 earlier. On Tuesday, China announced a slew of support measures including outsized rate cuts, after the U.S. Fed cut rates by 50 basis points last week. Inflows to gold exchange-traded funds, particularly from Western investors, will rise in the coming months, providing further support for record-high bullion prices, analysts said.

Persons: Gold, Kelvin Wong, OANDA's, Wong, Michelle Bowman, Jerome Powell's, heightening Organizations: Perth Mint Refinery, Gold Corp, U.S, Fed, Asia Pacific, Traders Locations: Perth, Australia, China, Beirut

☆ Sam Altman-backed nuclear startup Oklo to start site work for Idaho microreactor
▼ + stars: | 2024-09-25 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

He expects Oklo to break ground at the Idaho site in 2026, with plans to have the reactor up and running by the following year. The CEO acknowledged there's a risk the 2027 start date gets pushed out depending on how long the NRC review takes. The average nuclear reactor in the current U.S. fleet is around 1,000 megawatts, according to the Department of Energy. The CEO acknowledged the NRC review could delay the 2027 start date for the Idaho microreactor: "There's definitely risk. At the end of the day, we can't control the NRC review timeline," he said.

Persons: Jacob DeWitte, Oklo, DeWitte, there's, Sam Altman's SPAC, Altman, Oklo's Organizations: CNBC, Department of Energy, Idaho National Laboratory, Nuclear Regulatory Commission, AltC, Department of Energy ., Industry, Constellation Energy, NYSE, NRC, World Health Organization, Idaho Locations: Idaho, Idaho Falls, Aurora

☆ CFTC Chair Russ Behnam on U.S. election betting: We don't want to commoditize elections
▼ + stars: | 2024-09-25 | 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 EmailCFTC Chair Russ Behnam on U.S. election betting: We don't want to commoditize electionsCommodities Future Trading Commission (CFTC) chairman Rostin Behnam joins 'Squawk Box' to discuss the agency's scrutiny of polymarket and other offshore crypto betting platforms, betting on U.S. elections, and more.

Persons: Russ Behnam, Rostin Behnam Organizations: Trading Commission

☆ European markets sober up after getting a Chinese stimulus boost
▼ + stars: | 2024-09-25 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

A balcony above a trading floor inside the Euronext NV stock exchange in Paris, France, on Monday, March 13, 2023. LONDON — European stocks are expected to open in negative territory Wednesday, paring gains from the previous session on the back of Chinese stimulus measures. The U.K.'s FTSE index is expected to open 46 points lower at 8,237, Germany's DAX down 49 points at 18,924, France's CAC 40 down 27 points at 7,568 and Italy's FTSE MIB down 181 points at 33,686, according to data from IG. European stocks traded higher Tuesday, buoyed by China's central bank monetary stimulus measures with mining, technology and household goods the best-performing sectors. Positive sentiment in Europe comes after Asia-Pacific markets climbed Tuesday after Beijing's announcement of a range of policy easing measures aimed at stimulating the economy.

Persons: Germany's DAX Organizations: LONDON, CAC, IG Locations: Paris, France, Europe, Asia, Pacific

☆ Lots of pent up demand for people to invest in the UK, says CEO of Legal & General
▼ + stars: | 2024-09-25 | 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 EmailLots of pent up demand for people to invest in the UK, says CEO of Legal & GeneralAntónio Simões, the CEO Legal & General, discusses the U.K. as an investment destination and the country's economy.

Persons: António Simões Organizations: Legal, General

☆ CNBC Daily Open: It might be better economic data isn’t all rosy
▼ + stars: | 2024-09-25 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. How much will oil demand grow? Oil demand will experience "robust medium-term growth," reaching 112.3 million barrels per day in 2029 from 102.2 million barrels per day in 2023, according to OPEC's 2024 World Oil Outlook report. The International Energy Agency thinks oil demand will level off at 106 million barrels per day by the end of the decade.

Persons: Stocks, Consumer's, September's, Dow, Goldman, Denis Coleman, Jamie Dimon, JPMorgan Chase Organizations: CNBC, Dow Jones, U.S . Federal, JPMorgan, International Energy Agency

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, Disney, Ford, General Motors, Duolingo, Roblox, Alphabet & more
▼ + stars: | 2024-09-25 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Wells Fargo upgrades Baker Hughes to overweight from equal weight Wells says it likes the oil service company's business model. Morgan Stanley upgrades AutoNation to overweight from equal weight Morgan Stanley says AutoNation is well positioned in a bumpy macroeconomic environment. Morgan Stanley reiterates Apple as overweight Morgan Stanley says it's remaining cautious after checks of iPhone 16 demand for Apple. Morgan Stanley downgrades Ford to equal weight from overweight and General Motors to underweight from equal weight Morgan Stanley downgraded several automakers on Wednesday and said it's concerned about market share losses. Morgan Stanley reiterates Nike as equal weight Morgan Stanley raised its price target on Nike to $82 per share from $79 ahead of earnings on October 1.

Persons: Wolfe, Sallie Mae, it's bullish, Wells, Baker Hughes, Piper Sandler, Tesla, Piper, Morgan Stanley, AutoNation, Mike Manley, Duolingo, MARA, CORZ, Piper Sandler downgrades Tyson, it's, Oppenheimer, GOOG's, Baird, Locker Baird, Apple, TD Cowen downgrades Expedia, Cowen, Goldman Sachs, Goldman, Morgan Stanley downgrades Ford, Roblox Organizations: APO, Bank of America, Macquarie, Tyson Foods, Barclays, Hewlett Packard Enterprise, DOJ, Google, Foot, Apple, ISI downgrades, Pacific, Evercore, UNP, Disney, JPMorgan, Oil & Gas, Petrobras, Motors, GM, Citi, Investors, Nike Locations: CLSK, Foot Locker, Mexico, China, Fortnite

☆ China needs more than rate cuts to boost economic growth
▼ + stars: | 2024-09-25 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Cfoto | Future Publishing | Getty ImagesBEIJING — China's slowing economy needs more than interest rate cuts to boost growth, analysts said. He expects Beijing will likely ramp up fiscal stimulus due to weak growth, despite reluctance so far. "The market is forming a medium to long-term expectation on the U.S. growth rate, the inflation rate. As for Chinese government bonds, Ding said the firm has a "neutral" view and expects the Chinese yields to remain relatively low. He pointed out that monetary easing still requires fiscal stimulus "to achieve the effect of expanding credit and transmitting money to the real economy."

Persons: Larry Hu, That's, Edmund Goh, Yifei Ding, Ding, CF40, Pan Gongsheng, Haizhong Chang, Chang Organizations: China Resources, Getty, BEIJING, People's Bank of China, Macquarie, U.S, of Finance, PBOC, Ministry of Finance, Fitch Locations: China, Nanjing, Jiangsu province, abrdn, Beijing, U.S, Invesco

☆ Treasury yields inch higher as investors consider the state of the economy
▼ + stars: | 2024-09-25 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

The 2-year Treasury yield was last at 3.533% after rising by just over one basis point. U.S. Treasury yields were slightly higher on Wednesday as investors weighed economic data and considered the state of the economy. Economic data points will therefore be watched closely in the coming days and weeks as concerns about a potential slowdown of the economy linger. Later this week, investors will also hear from various Fed officials including Chairman Jerome Powell. At the end of the week, key economic data in form of the latest personal consumption expenditures price index is also set to be published.

Persons: Dow Jones, Jerome Powell Organizations: Treasury, Federal Reserve, PCE Locations: U.S

☆ Chinese yuan hits strongest level against the dollar in over 16 months as investors assess PBOC stimulus
▼ + stars: | 2024-09-25 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +3 min

The Chinese yuan has weakened sharply against the U.S. dollar in the last several weeks as the greenback strengthens and investors worry about China's economic growth. China's yuan hit its strongest level in over 16 months on Wednesday after Beijing unveiled a slate of stimulus measures to shore up the slowing economy on Tuesday. The Chinese offshore yuan strengthened briefly to 6.9946 per dollar, the strongest since May 2023. China's onshore yuan is currently trading at 7.0319 against the greenback, also holding at the strongest levels since last May. China bonds rallied after the PBOC announcement with 10-year and 30-year yields hitting record lows.

Persons: Ben Emons, Edmund Goh, Zerlina Zeng, CreditSights, Pan Gongsheng, Emons, Hong, — CNBC's Evelyn Cheng Organizations: U.S, Beijing, greenback, Fed Watch, BNP, U.S ., Asia Credit, People's Bank of China Gov, CSI Locations: China, abrdn, Hong Kong, London, Singapore, New York

☆ Secret Service failures before Trump rally shooting were ‘preventable,’ Senate panel finds
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: +7 min

But that information was not relayed to key Secret Service personnel who were interviewed by Senate investigators. The Senate report comes just days after the Secret Service released a five-page document summarizing the key conclusions of a yet-to-be-finalized Secret Service report on what went wrong, and ahead of a Thursday hearing that will be held by a bipartisan House task force investigating the shooting. "This was the result of multiple human failures of the Secret Service," said Kentucky Sen. Rand Paul, the top Republican on the panel. Investigators found that many of the people in charge denied that they had responsibility for planning or security failures, and deflected blame. Democrats and Republicans have disagreed on whether to give the Secret Service more money in the wake of its failures.

Persons: Donald Trump, Butler, Michigan Sen, Gary Peters, Peters, Thomas Matthew Crooks, Trump, rallygoer, Crooks, Anthony Guglielmi, Kentucky Sen, Rand Paul, Ronald Rowe Jr, Republican Sen, Ron Johnson of Organizations: Senate Homeland Security, Governmental Affairs Committee, Democratic, Service, Communications, Republican, Secret Service, Senate, Trump, Secret, Advance, United States Secret Service, Republicans Locations: Butler , Pennsylvania, U.S, Pennsylvania, Michigan, Trump's Florida, Kentucky, Ron Johnson of Wisconsin

☆ OECD chief economist: Still see a very strong, resilient economy in the U.S.
▼ + stars: | 2024-09-25 | 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 EmailOECD chief economist: Still see a very strong, resilient economy in the U.S.OECD Chief Economist Alvaro Pereira says that whilst there is a slight slowdown in the U.S. economy, it still remains strong and resilient with very good labor market indicators. Pereira also said lower inflation stateside gives margins to further rate cuts from the Federal Reserve in the coming months.

Persons: Alvaro Pereira, Pereira Organizations: OECD, Federal Reserve Locations: U.S

☆ Ryan Routh, arrested near Trump's Florida golf course, is charged with attempted assassination
▼ + stars: | 2024-09-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Michael-Kosnar-Circle-Byline-Template.Jpg | Michael Kosnar | ) www.nbcnews.com time to read: +2 min

Federal prosecutors have charged the man who was spotted with a gun outside of Donald Trump's golf course with attempted assassination of a presidential candidate. It also added two other charges: possessing a firearm in furtherance of a crime of violence and assaulting a federal officer. Routh had previously been charged with possession of a firearm by a convicted felon and possession of a firearm with an obliterated serial number. Ryan Wesley Routh following his arrest in Martin County, Fla., on Sept. 15. “The Kamala Harris/Joe Biden Department of Justice and FBI are mishandling and downplaying the second assassination attempt on my life since July.

Persons: Donald Trump's, Ryan Wesley Routh, United States Donald J, Trump, Routh, Aileen Cannon, Kamala Harris, Joe Biden, ” Trump, He's Organizations: United, Trump, AFP, Getty, Department, Joe Biden Department of Justice, FBI Locations: United States, West Palm Beach , Florida, Martin County, Fla, U.S, Florida

☆ Korean adoptees say they were ‘commodified’ and governments ignored fraud, investigation finds
▼ + stars: | 2024-09-24 | by ( The Associated Press | ) www.nbcnews.com time to read: +7 min

“It showed the callous way in which children going to the US. At a hearing in 1977, a U.S. congressman asked why so many children were still coming from South Korea. But with hundreds of stories to verify in a single week, only a tiny fraction of adoptions were denied. How is that possible?” said Susan Jacobs, a retired State Department official who has worked on adoption reform efforts. Robert Ackerman, immigration attache at the U.S. Embassy in Seoul, told reporters in 1988 that he had heard allegations of birth mothers being bribed.

Persons: Patricia Nye, “, ” Nye, ”, Susan Jacobs, Laws, Homer Stark, ” Stark, David Will, ” Will, Stark, Donald Wells, “ I’ve, Robert Ackerman, Ackerman, ” Ackerman, Michelle Bernier, Toth, adoptees, Elizabeth Bartholet Organizations: Social Service, U.S, Embassy, University of Minnesota Libraries, ISS, State Department, State, United Press International Locations: Seoul, Asia, U.S, South Korea, Tokyo, Gwinnett County , Georgia, strollers, Georgia, United States, Europe, Hague, Korea

☆ Caroline Ellison, former FTX exec and Sam Bankman-Fried's ex-girlfriend, sentenced to 2 years in prison
▼ + stars: | 2024-09-24 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

Caroline Ellison, whose testimony helped convict her former boss and ex-boyfriend, disgraced cryptocurrency mogul Sam Bankman-Fried, was sentenced Tuesday to two years in prison for fraud and conspiracy. Ellison, 29, accepted a plea deal to charges of conspiracy and financial fraud in December 2022, a month after FTX spiraled into bankruptcy. Bankman-Fried was convicted of all seven criminal fraud charges against him and sentenced to 25 years in prison. Lawyers for Ellison had asked that she be sentenced to time served and supervised release, citing her cooperation. Ryan Salame, a former top lieutenant of Bankman-Fried, was the first of the FTX executive team to be sentenced.

Persons: Caroline Ellison, Sam Bankman, Ellison, Judge Lewis A, Kaplan, FTX spiraled, Fried, Prosecutors, John Ray, disentangling, FTX, Ryan Salame, Nishad Singh, Gary Wang Organizations: FTX, CNBC, Bankman, U.S, Alameda Research, Super Bowl Locations: U.S, Manhattan, Bahamas, Washington, Caribbean, Bankman

☆ Justice Department accuses Visa of debit network monopoly that affects price of ‘nearly everything’
▼ + stars: | 2024-09-24 | by ( Hugh Son | ) www.nbcnews.com time to read: +2 min

The U.S. Justice Department on Tuesday sued Visa, the world’s biggest payments network, saying it propped up an illegal monopoly over debit payments by imposing “exclusionary” agreements on partners and smothering upstart firms. “Merchants and banks pass along those costs to consumers, either by raising prices or reducing quality or service,” Garland said. They are essentially toll collectors, shuffling payments between the merchants’ banks and cardholders. ″Visa wields its dominance, enormous scale, and centrality to the debit ecosystem to impose a web of exclusionary agreements on merchants and banks,” the DOJ said in its release. “These agreements penalize Visa’s customers who route transactions to a different debit network or alternative payment system.”This is a developing story.

Persons: monopolization, “, General Merrick Garland, ” Garland Organizations: U.S . Justice, Visa, DOJ, “, MasterCard, fintech, Plaid, Mastercard Locations: New York, U.S

Nearly 1 in 3 Americans may have an undiagnosed iron deficiency, a problem that can lead to fatigue, brain fog and difficulty concentrating, a new study suggests. An analysis of data from more than 8,000 adults in the U.S. revealed that 14% had low iron blood levels, a condition known as absolute iron deficiency, while 15% had the right iron levels but their bodies couldn’t use the essential mineral properly, known as functional iron deficiency, according to the report published Tuesday in JAMA Network Open. Doctors don’t typically screen adults for iron deficiency, which is why the condition has been overlooked in many people. There had been hints in other studies suggesting iron deficiency might be more widespread than doctors assume. The rates of iron deficiency between men and women are more similar after the age of menopause, experts said.

Persons: don’t, ”, Leo Buckley, “, Dr, Andrew Eisenberger, Eisenberger, ” Eisenberger, Brigham, Buckley, Johanna Contreras, Hossein Ardehali, Ardehali Organizations: Brigham, Women’s Hospital, Columbia University Vagelos College of Physicians and Surgeons, Women’s, National Health, Renal Research Institute, Molecular Cardiology, Northwestern University Feinberg School of Medicine, Research Locations: U.S, Boston, Sinai, New York City

Propagandists in China, Iran and Russia are using artificial intelligence to create content designed to deceive Americans ahead of the November presidential election, federal intelligence officials said Monday. In a conference call about foreign election interference efforts organized by the Office of the Director of National Intelligence, officials said the U.S. intelligence community has concluded that AI has made it easier to create disinformation, but has not fundamentally changed the way those actors operate. “The IC considers AI a malign influence accelerant, not yet a revolutionary influence tool. In other words, information operations are the threat, and AI is an enabler,” said one ODNI official, referring to the U.S. intelligence community. Russia has a much more sophisticated understanding of American politics than Iran, the intelligence official said Monday.

Persons: ”, OpenAI, Trump’s, Trump, Donald Trump’s Organizations: National Intelligence, Western, National Security Agency, NSA, Microsoft, Clemson University, Trump, Democratic, Federal, Republican Locations: China, Iran, Russia, U.S, Ukraine

SHENZHEN, China — Chinese vendor Yin Xinwei sometimes makes close to $1,400 a day selling low-priced pill boxes, barbecue spits and other items to U.S. online consumers. Each year hundreds of millions of packages, mostly from Chinese platforms, are sent directly to American consumers eager to take advantage of rock-bottom prices on clothing, electronics and other products. That could mean painful times ahead for the Chinese sellers that supply the platforms — and higher prices for American consumers. Chinese state media has criticized the proposal as protectionist and say it will hurt American consumers. Yin used to sell to Chinese consumers but has given up his domestic business to focus entirely on the overseas market.

Persons: Yin, ”, ” Yin, David Townsend, Dorsey, Trump, Biden, ” Townsend, Temu, “, Jacky Lu, Shein, Eunice Yoon, Jennifer Jett Organizations: CNBC, Whitney, PDD Holdings, White, U.S . Customs, U.S Locations: SHENZHEN, China, Shenzhen, United States, U.S, Singapore, Boston, Hong Kong, Europe, “

Three EPA whistleblowers told ProPublica on Thursday that their complaints were the subject of the reports (which redact employee names). After endorsing Trump, Kennedy wrote in a Wall Street Journal op-ed that the U.S. could “revisit pesticide and other chemical-use standards” if Trump wins. “The EPA was sort of paralyzed under the Trump administration,” she said. It’s not yet clear what Kennedy’s role might be in a potential Trump administration, or which decisions he’d help to make as part of the transition team. Even with Kennedy’s ties to Trump, Gartner said she would expect the EPA under a second Trump administration to act similarly to the first one.

Persons: Robert F, Kennedy Jr, Donald Trump, Kennedy, Trump, ”, Maria, Sean O’Donnell, ProPublica, Remmington Belford, “, Kennedy —, Tucker Carlson, ” Karoline Leavitt, ” Kennedy, Sharon Lerner, Lerner, Michal Freedhoff, , Freedhoff, Biden, Karen McCormack, McCormack, Trump’s, —, Eve Gartner, Danielle Alvarez, It’s, Carlson, Steven Cheung, Gartner Organizations: Environmental Protection Agency, NBC News, Trump, EPA, Chemical Control, Environmental Defense Fund, EPA’s, Trump ., RFK Jr, RFK, European Union, The, of Chemical Safety, Toxic, Federal, Food and Drug Administration, National Institutes of Health, Centers for Disease Control Locations: U.S, Milwaukee, ”

The son of the man accused of plotting to assassinate former President Donald Trump at his golf course has been arrested in connection with a child sex abuse images case. Oran Alexander Routh was charged in federal court Monday with one count of receipt of child pornography and one count of possession of child pornography. The criminal complaint filed against Oran Routh states that his North Carolina home was searched in connection to an unrelated case. The complaint also said investigators found a messaging app on the phone that is "commonly used by individuals who distribute and receive child pornography." Court records show that Oran Routh is in federal custody.

Persons: Donald Trump, Oran Alexander Routh, Oran Routh, Ryan Wesley Routh, Trump, Ryan Routh, Routh, Oran Routh's Organizations: U.S, Middle, Middle District of, NBC News, Oran, AFP, FBI, Samsung Locations: Middle District, Middle District of North Carolina, West Palm Beach , Florida, North Carolina, Martin County, Fla, Oran Routh's

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