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☆ Fed's Powell emphasizes need for more evidence that inflation is easing before cutting rates
▼ + stars: | 2024-04-03 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Federal Reserve Bank Chair Jerome Powell speaks during the Stanford Business, Government and Society Forum at Stanford University on April 03, 2024 in Stanford, California. Justin Sullivan | Getty ImagesFederal Reserve Chairman Jerome Powell said Wednesday it will take a while for policymakers to evaluate the current state of inflation, keeping the timing of potential interest rate cuts uncertain. "We do not expect that it will be appropriate to lower our policy rate until we have greater confidence that inflation is moving sustainably down toward 2 percent," he added. "Recent readings on both job gains and inflation have come in higher than expected," Powell said. The uncertainty about rates has caused some consternation in markets, with stocks falling sharply earlier this week as Treasury yields moved higher.

Persons: Jerome Powell, Justin Sullivan, Powell, Raphael Bostic, Mary Daly, Cleveland's Loretta Mester Organizations: Bank, Stanford Business, Government, Society, Stanford University, Getty, Federal, Market, Atlanta Fed, CNBC, San Francisco Fed, Group Locations: Stanford , California

☆ NBC’s Ronna McDaniel disaster is dragging Comcast into the political firestorm
▼ + stars: | 2024-03-28 | by ( Oliver Darcy | ) edition.cnn.com time to read: +8 min

It’s difficult to succinctly summarize the disastrous state of affairs at the news division, given that multiple engines are failing simultaneously. sand and refusing to dump McDaniel until after his top television personalities, including Chuck Todd and Rachel Maddow, went on the air and excoriated the hire. Ironically, NBC News’ attempt to make inroads with Republicans through the hiring of McDaniel has had the opposite effect. On Wednesday, Trump spent part of the day ranting on Truth Social against the Comcast boss over the McDaniel disaster, characterizing Roberts as a weak leader whose employees are running amok. I asked Comcast spokespeople on Wednesday if either Roberts or Cavanagh were taking any action.

Persons: Brian Roberts, Cesar Conde, Conde, “, Ronna McDaniel, McDaniel, Chuck Todd, Rachel Maddow, Puck’s Dylan Byers, Byers, Carrie Budoff Brown, Republican Richard Walters, Todd, ” Brown, Richard Walters, Stephen Labaton, Labaton bashed, Labaton, Rashida Jones, Jones, Rebecca Blumenstein, Blumenstein, I’m, Elon Musk, Donald Trump’s, Biden, Tom Cotton, Roberts, Trump, ” Trump, It’s, can’t bode, Conde’s, Michael Cavanagh, Cavanagh Organizations: New York CNN, Comcast, NBC News, NBC Universal News Group, Republican National, NBC, MSNBC, NBC News ’, Republican, NBCU, Fox, The New York Times, NBCU News, –, Comcast spokespeople Locations: New York, Miami, Washington, MSDNC

☆ Was Sydney Sweeney’s Oscars after-party look a subversive nod to Marilyn Monroe?
▼ + stars: | 2024-03-11 | by ( Leah Dolan | ) edition.cnn.com time to read: +4 min

CNN —There was something uncanny about Sydney Sweeney’s look at the Vanity Fair Oscars party last night. Last week, Sweeney made her “Saturday Night Live” hosting debut with a string of jokes centered around her sexualized typecasting, rumors of affairs with co-stars and the size of her chest. Were Sweeney’s breasts, as one writer for Canada’s National Post put it, “double-D harbingers of the death of woke”? “(But) with Sweeney, what it really comes down to is this: Sex sells.”Since then, it’s been open season for Sydney Sweeney boob jokes, especially in comments under the actor’s Instagram posts. “Leave Sydney Sweeney’s boobs out of this,” wrote The Cut.

Persons: Marilyn Monroe, Sweeney isn’t, — Anna Nicole Smith, Kim Kardashian, Beyoncé, James Franco, Sweeney, Danny Moloshok, ”, “ We’ve, Amy Hamm, it’s, Sydney Sweeney boob, Sweeney’s, Sydney Sweeney, Barbie, Marc Bouwer, Angelina Jolie, Carlo Allegri, —, biopics, Monroe, Billy Wilder's, Emily Ratajkowski, I’ve, she’s Organizations: CNN, YouTube, Canada’s, SNL, Sydney, United, “ Locations: ogling, “

☆ Opinion: Biden gave the speech of his life
▼ + stars: | 2024-03-08 | by ( Opinion Cnn Contributors | ) edition.cnn.com time to read: +29 min

CNN —CNN Opinion asked political and policy contributors to weigh in on President Joe Biden’s State of the Union address. David Gergen: Biden just rewrote the presidential racePresident Joe Biden not only delivered perhaps the best speech of his life last night; he may have also changed the race itself. Roxanne Jones: Biden finally sounds like he’s ready to fightPresident Joe Biden finally has my attention. At the end of his speech, Biden reminded voters that he “grew up among working people” in Scranton. In his State of the Union speech, Biden had to answer the mail on all of these.

Persons: Joe Biden’s, David Gergen, Biden, Joe Biden, —, Carrie Sheffield, Carrie Sheffield Barry Morgenstein, Donald Trump’s, pandered, Sophia A, Nelson, Trump, Sen, Andrew, ”, Donald Trump, Harris, Daniel McCarthy, Trump President Joe Biden, Daniel McCarthy Biden, Ronald Reagan, Bill Clinton, wasn’t, he’s, haven’t, Cori Bush, Rashida Tlaib, Bernie Sanders, Nikki Haley, Trump couldn’t, Reagan, Roxanne Jones, ” Biden, Smart, Jill Filipovic, Mike Johnson, David A, Vladimir Putin, Putin, ” David A, Benjamin Netanyahu, “, SubStack’s, Paul Sracic, It’s, White, Paul Sracic Arne Hoel It’s, Hillary Clinton, Joe, ” Paul Sracic, Raul A, Reyes, ” Raul A, Marjorie Taylor Greene’s, Laken Riley, Mark Zandi, Mark Zandi Moody's, Ana Marie Cox, Ana Marie Cox Faith Fonseca, Biden’s, Dobbs, Roe, Wade, Peter Bergen, George W, Bush, Vladimir Putin’s, –, beefed, Gazans Organizations: CNN, David Gergen CNN, Union, Harvard Kennedy School, Gallup, NATO, Democratic, Republicans, Trump, Independent Women’s, United States Senate, Biden, Congressional, Trump President, South Carolina Gov, GOP, Republican, Conservative, The Spectator, Syndicate, Big Pharma, Companies, American, Democrats, Twitter, NATO —, Israel, New York Times, CBS News, Democratic Party, United Auto Workers, Youngstown State University, Hudson Institute, Reyes CNN, Border Patrol, Georgia, ” Progressives, Pew Research Center, White, USA, Moody’s Analytics, Ana Marie Cox Faith, Jackson, Peter Bergen CNN, US Senate, New, Arizona State University Locations: Joe Biden’s State, America, United States, State, Gaza, Israel, New York, Ukraine, ”, American, China, Iran, Europe, Asia, Chicago, Scranton , Pennsylvania, Belvidere , Illinois, Scranton, Claymont , Delaware, Delaware, Ohio, Washington , DC, Georgia, Alabama, Austin, Iraq, New America

MONTGOMERY, Ala. (AP) — Alabama lawmakers facing public pressure to restart in vitro fertilization services in the state advanced legislation to shield providers from the fallout of a court ruling that equated frozen embryos to children. Committees in the state Senate and House on Tuesday approved identical bills that would protect providers from lawsuits and criminal prosecution for the “damage or death of an embryo” during IVF services. The state's three major IVF providers paused services after the Alabama Supreme Court's ruling last month because of the sweeping liability concerns it raised. The court decision received immediate backlash as groups across the country raised concerns about a ruling recognizing embryos as children. The American Society for Reproductive Medicine, a group representing IVF providers across the country, said the legislation does not go far enough.

Persons: Court's, Kay Ivey, ”, Terri Collins, Beth, Joshua Davis, Dillard, “ We’ve, ” Beth Davis, “, ” Beth David, Michael C, “ There's, ” Allemand, Sean Tipton, Roe, Wade, Collins, doesn't Organizations: —, House, Alabama, Gov, Alabama Fertility, American Society for Reproductive, ”, Democrats, Republicans, State Republicans Locations: MONTGOMERY, Ala, — Alabama, Alabama, New York, Louisiana

☆ Pattie Boyd, Eric Clapton and George Harrison ‘love triangle’ letters up for auction
▼ + stars: | 2024-02-27 | by ( Jack Guy | ) edition.cnn.com time to read: +3 min

CNN —Mementoes from the personal collection of British photographer and model Pattie Boyd, who inspired a raft of famous songs by former husbands George Harrison and Eric Clapton, are going under the hammer. An anonymous love letter to Boyd from Clapton sent in 1970. Christie’s Images Ltd 2024Among the items on offer is a love letter written by Clapton in 1970, when Boyd was already married to Harrison, one of the songwriter’s close friends. However, Clapton and Boyd would split in 1987 after their relationship was affected by “substance abuse and infidelities,” reads the press release. Items up for sale include photos of Boyd, Harrison and Clapton, as well as postcards, telegrams and letters.

Persons: Pattie Boyd, George Harrison, Eric Clapton, Boyd, Christie’s, ” Harrison, “, Clapton, Layla ”, Clapton –, Harrison, ”, ” Boyd, ” Clapton, auctioning, ’ I’ve, It’s Organizations: CNN, Beatles, Christie’s Locations: Clapton, London

☆ The hollowing out of Vice and BuzzFeed marks the end of the digital media revolution
▼ + stars: | 2024-02-23 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

New York CNN —The digital media revolution is over. Its two leaders, Vice Media and BuzzFeed , are in a frenetic retreat, surrendering much of their online empires as they try to protect what remains of their core assets. The demise of Vice Media as we know it is a particularly hard pill to swallow. Ahead of the announcement, the mood inside Vice Media was grim. Dixon said in his note that Vice Media had determined it was “no longer cost-effective” for the company to distribute its digital content on its own.

Persons: “, ”, they’re, I’m, Bruce Dixon, Benjamin Mullin, Dixon, Shane Smith Organizations: New York CNN, Vice Media, Media, Big Tech titans, Fortress Investment, Sports Locations: New York

CNN —House Republicans were shocked by some of the recent high-profile retirements announced by their colleagues, which have included powerful committee chairs and rising stars inside the GOP. And on the Energy and Commerce Committee alone – a highly sought-after assignment – there are eight Republicans who are retiring. “So, yeah, I’m very worried about it.”Others, however, said the turnover is completely normal, especially since the House GOP has self-imposed term limits for chairs, which they argued allows them to inject new blood into the ranks. We probably need a few more retirements.”McCarthy – who resigned at the end of last year – suggested that was perhaps the goal of hard-liners like Good and GOP Rep. Matt Gaetz of Florida who voted to oust him. It’s just a number of things piling up,” said House Science Committee Chair Frank Lucas, reflecting on the retirements.

Persons: “ They’ve, we’re, ”, Ken Buck, Don Bacon of Nebraska, ” Bacon, Carlos Gimenez, Kevin McCarthy, “, it’s, –, Cathy McMorris Rodgers, Mike Gallagher of, Alejandro Mayorkas, Greg Pence, Pfluger, Tom Cole, I’ve, I’m, Bob Good, ” Good, ” McCarthy –, Matt Gaetz, Gaetz, ” McCarthy, Frank Lucas, Mark Green of, Debbie Lesko of, McCarthy, ” Lesko, can’t, Brian Fitzpatrick, Steve Womack, Donald, Trump, Kelly Armstrong of, ’, Erin Houchin, Patrick McHenry of, Chuck Fleischmann of Tennessee Organizations: CNN — House Republicans, CNN, GOP, Energy, impeaching Homeland, Commerce, Indiana, Republicans, Congress, Capitol, ”, House Homeland Security Committee, Representatives, Financial Locations: Ken Buck of Colorado, Carlos Gimenez of Florida, Washington, China, Mike Gallagher of Wisconsin, Texas, Congress, Florida, Mark Green of Tennessee, Debbie Lesko of Arizona, Pennsylvania, Arkansas, New York, Kelly Armstrong of North Dakota, Erin Houchin of Indiana, Patrick McHenry of North Carolina

☆ Instagram and Threads will no longer promote ‘political’ content. No one knows what they define as ‘political’
▼ + stars: | 2024-02-15 | by ( Oliver Darcy | ) edition.cnn.com time to read: +6 min

New York CNN —What constitutes “political” content? “Our goal is to preserve the ability for people to choose to interact with political content, while respecting each person’s appetite for it,” Mosseri explained. “Meta seems unable to define ‘political’ content,” Charlie Warzel, a staff writer at The Atlantic who covers the intersection of technology, politics, and culture, told me. According to Meta’s Ad Library, the company has raked in more than $4 billion in political and social issues ad spending since 2018. It’s not just limited to social issues.

Persons: Meta, Mark Zuckerberg, Adam Mosseri, ” Mosseri, Elon Musk’s, “, ” Judd Legum, ”, Mark Cuban, Charlie Warzel, Mosseri, ” Parker Malloy, It’s, Taylor, Jimmy Kimmel, Warzel Organizations: New York CNN, Popular Information, Washington , D.C, Meta, Meta’s Ad Locations: New York, Washington ,

Though one of the most potent and long-running (or at least long-stomping) forces in movies, Godzilla has never before rubbed elbows at the Academy Awards. At the Oscar luncheon, Steven Spielberg warmly greeted Yamazaki and told him he had seen “Godzilla Minus One” three times. But “Godzilla Minus One” returns to the essential nature of Godzilla as a sober symbol of nuclear holocaust and atomic trauma. My intent was to put a spotlight on what Godzilla represented.”In “Godzilla Minus One,” just as WWII is ending, Godzilla is growing. But unlike more broadly blockbuster-styled Godzilla films, “Godzilla Minus One” is rigorously rooted in a Japanese perspective.

Persons: he’s, “, ”, Takashi Yamazaki, —, Yamazaki, Ishirō Honda, Steven Spielberg, ” Yamazaki, ‘, ’, ’ They’ve, “ Oppenheimer, “ Barbie, Christopher Nolan’s, Tomoyuki Tanaka, Raymond Burr, Koichi, Ryunosuke, Robert Oppenheimer’s, Nolan, we’re, Hayao Miyazaki’s, Miyazaki, ‘ Oppenheimer, Jake Coyle Organizations: Academy, Toho, “, Galaxy, U.S ., Pictures, Warner Bros, American Locations: Tokyo , Hong Kong, Paris, San Francisco, Boston, Moscow, London, Hawaii, U.S, Canada, Canadian, Tokyo, Japan, Bikini, Kong, Hiroshima, Nagasaki

☆ I'm a bartender and can spot red flags while you're on your date. Here are 5 things to keep an eye out for.
▼ + stars: | 2024-02-10 | by ( Imy Brighty-Potts | ) www.businessinsider.com time to read: +4 min

If you ever need help with a situation, don't hesitate to ask your bartender for help. 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 . Now I am 25, I can guarantee that I can spot a red flag during a date from behind the bar. He agrees that these five things are red flags.

Persons: I've, barterenders, —, Connell Barrett, We've, Justin Bieber, Hailey Bieber, " Barret, Barrett, Barret, Barett, Angela Organizations: Service Locations: sweats

WASHINGTON (AP) — Each time Donald Trump refers to a Georgia prosecutor 's colleague as her “lover,” he's invoking a strikingly familiar turn of phrase. He's jumped on allegations of affairs and leveled claims of bias against agents, prosecutors and judges. “This case is a Hoax, just like Russia, Russia, Russia (and all of the rest! The Comey memo revealed that Trump had asked him to end an investigation into former national security adviser Michael Flynn. But to Trump and his supporters, the disclosure became an opening to attack Comey as a “leaker."

Persons: Donald Trump, ”, Trump, He's, Reid Schar, Rod Blagojevich, ” Trump, Fani Willis, Nathan Wade, Willis, Georgia's, “, Peter Strzok, Lisa Page, Strzok, ” “ Trump, Greg Brower, Christopher Steele, James Comey, he'd, Comey, Michael Flynn, Robert Mueller's, Trump's, Mueller, — Mueller, Virginia —, Christopher Mattei, John Rowland, Sandy, Alex Jones, Trump “, he’s Organizations: WASHINGTON, Trump, “ Prosecutors, of Justice, Illinois, DOJ, American, The Justice, Associated Press, FBI, Justice, Former, Connecticut Gov, Elementary Locations: Georgia, Russia, Fulton County, America, Virginia, Connecticut

Evidence of a strong economy has so far been lost on a general public that still feels the pinch of inflation and worries about the uncertainty of life in 2024. Signs of a thaw in public opinion, but pessimism still dominatesA new CNN poll shows Biden still has a lot of convincing to do: Perception of the economy remains deep under water. However, if hiring remains strong and inflation keeps falling, it may become easier for Biden to convince voters he’s doing a good job strengthening the economy. CNN’s polling editor Ariel Edwards-Levy notes that about half the country, 48%, thinks the economy remains in a downturn. Their letter is proof that the fact of a strong economy is felt, if at all, in different ways.

Persons: Phil, Joe Biden’s, Biden, Donald Trump, “, Trump, Ariel Edwards, Levy, that’s, Sen, Elizabeth Warren, ” Warren, Democratic Sens, John Hickenlooper, Jacky Rosen, Sheldon Whitehouse Organizations: CNN, Bureau of Labor Statistics, Trump, Federal, Fed, Democratic

☆ Embattled Georgia prosecutor Willis will not recuse from Trump election case amid affair allegations, sources say
▼ + stars: | 2024-02-01 | by ( Zachary Cohen | ) edition.cnn.com time to read: +9 min

Despite calls by some legal experts to recuse herself from the case to protect its integrity, she is not expected to do so, the sources told CNN. Still, a source familiar with the thinking inside the DA’s office told CNN they would be “mystified” if it succeeds in removing her. “I think a lot of what I’ve read is more of a distraction and not legally substantive,” James told CNN in a sit-down interview. I think it’s very unlikely that we’ll see any criminal action come out of that,” Kreis told CNN. If Willis ultimately survives the current push to disqualify her, the case would effectively be back on track, sources told CNN.

Persons: Willis, Fani Willis, Donald Trump, Nathan Wade, Trump, Mike Roman, Scott McAfee, Wade, Erik S, Norm Eisen, Obama, Wade —, Willis —, “, ” Eisen, Eisen, Willis ‘, Robert James, ” James, Donald J, Elijah Nouvelage, James, I’m, ’ ” James, Anthony Michael Kreis, –, Brian Kemp, ” Kreis, “ It’s, It’s, McAfee, Jack Smith, CNN’s Nick Valencia, Jason Morris Organizations: CNN —, CNN, Trump, White, Georgia State University, Kreis, GOP, Georgia Republicans, Republican, Georgia’s Republican Gov Locations: Georgia, CNN — Fulton County, Cobb County, Fulton County, Atlanta , Georgia, Miami, San Francisco, DeKalb County

☆ Here’s the real reason why right-wing media figures are targeting Taylor Swift and Travis Kelce
▼ + stars: | 2024-01-31 | by ( Oliver Darcy | ) edition.cnn.com time to read: +6 min

From a bird’s eye view, the state of affairs among MAGA Media diehards as it sits today is remarkable. In fact, right-wing media stars have far more power over the GOP’s direction than most of its actual leaders, like Mitch McConnell. The right-wing media kingdom thrives when Democrats are in office and there are political opponents whom they can demonize. That’s not to say the right-wing media machine holds no power. And polling indicates that a good chunk of the country has bought some of the nonsense MAGA Media has been relentlessly selling.

Persons: MAGA Media diehards, Bud Light, Taylor Swift, Swift, Travis, Charlie Warzel, “ They’ve, they’re, ” Warzel, Evan Siegfried, Mitch McConnell, Don’t, Kevin McCarthy, Donald Trump, That’s, MAGA, Alyssa Farah Griffin, “, ” Organizations: New York CNN — Conservatives, MAGA Media, Disney, Pfizer, Major League Baseball, Fox, Fox News, GOP, Republican Party, Republicans, Media, Trump White House Locations: New York

Haley’s campaign leaned into those attacks Thursday, releasing T-shirts emblazoned with the words“Barred. “We need to unite around our eventual nominee, which is Donald Trump,” Republican National Committee Chairwoman Ronna McDaniel said Tuesday on Fox News. In the final days before the GOP primary there, Trump paraded a series of South Carolina Republican officials onstage at his rallies, including Gov. Worst of all, no one returned my calls.”Fundraising dried up, and Haley’s campaign directed most of its funds to TV. “Any other person probably would have just quit and caved in there, but she knew that South Carolina needed her,” Ballentine said.

Persons: Nikki Haley, Donald Trump’s, Haley, Trump’s, Trump, ”, Joe Biden —, Donald, ” Haley’s, —, he’s, “, “ Nikki ‘ Birdbrain ’ Haley, ” Trump, MAGA, ” Haley, Nimarata Nikki Randhawa, “ Nikki ”, Michael Haley’s, Barack Obama, Hussein, Donald Donald Trump, Jabin, Biden, — Trump, Donald Trump, Ronna McDaniel, Dave Bossie, I’m, ” Trump’s, Henry McMaster, Gov, Pamela Evette, South Carolina Sen, Tim Scott —, ” Scott, Pope, ” Pope, Reid Hoffman, Dmitri Mehlhorn, ” Mehlhorn, Biden’s, ’ Haley, Nathan Ballentine, “ She’s, David Goldman, –, Mark Sanford –, he’d, ” Ballentine, Sarah Palin, McMaster, she’d, hasn’t, Chip Felkel, it’s, Felkel, you’ve, ” Felkel, Schouten, Jeff Zeleny, Ebony Davis, Daniel Strauss, Kristen Holmes Organizations: CNN, Former South Carolina Gov, Republican, Republicans, Trump, New Hampshire —, Palmetto State, New Hampshire, Republican Party, True American Patriots, United Nations, Fox News, Washington Post, GOP, ” Republican, RNC, South Carolina Republican, Gov, Senate, North Carolina Republican, “, LinkedIn, Haley, PAC, SFA, Inc, New, SC, Super, Biden, – South Carolina Gov, South, South Carolina GOP Locations: New Hampshire, North Charleston, South Carolina, New, Nashua , New Hampshire, Maryland, North Carolina, Columbia , South Carolina, Argentina, Carolina

☆ Gen Z Gender Gap: Young Men and Women Don't Agree on Politics
▼ + stars: | 2024-01-23 | by ( Daniel Cox | ) www.businessinsider.com time to read: +11 min

As recently as 2019, less than one-third of young men said that they faced discrimination, according to Pew, but today, close to half of young men believe they face at least some discrimination. There was not a single issue that young men cared about significantly more than young women. There was not a single issue that young men cared about significantly more than young women. Most young men are probably not interested in making America great again, but they do feel acutely the need to secure a place for themselves in a culture that readily identifies male advantage but ignores the challenges young men face. And this attitude has real-world consequences: In the online gaming world, 75% of Gen Z women have reported experiencing harassment .

Persons: Gen, Gen Zers, Zers, MeToo, Donald Trump, Z, Roe, Wade, Richard Reeves, Reeves, Trump, Andrew Tate, Elon Musk, Jordan Peterson, Pew Organizations: Survey Center, Democratic, Gallup, Southern Poverty Law Center, American Institute for Boys, Harvard, America Locations: Washington, America

☆ Opinion | Jan. 6 Cannot Go Down the Memory Hole
▼ + stars: | 2024-01-19 | by ( Jamelle Bouie | ) www.nytimes.com time to read: +2 min

Following the passage of the first Enforcement Acts, written to protect the civil rights of the formerly enslaved, Congress created a bipartisan committee in 1871 to investigate reports of vigilante violence against freed people and their white allies in the states of the former Confederacy. The next year, the Joint Select Committee to Inquire into the Condition of Affairs in the Late Insurrectionary States released its report, a 13-volume collection of testimony from 600 witnesses, totaling more than 8,000 pages. The men and women who spoke to the committee attested to pervasive violence and intimidation. There were innumerable reports of whippings and beatings and killings. “Tom Roundtree, alias Black, a negro, murdered by a Ku-Klux mob of some fifty or sixty persons, who came to his house at night on the 3rd of December last, took him out, shot him, and cut his throat,” reads a typical entry in the volume devoted to Klan activity in South Carolina.

Persons: Tom Roundtree, Black, “ James Williams, ”, Kidada E, Williams, Frances Gilmore, Elaine Frantz Parsons, “ Organizations: Klan Locations: States, South Carolina, “, Chatham County, N.C

☆ Cheddar News, the business-focused startup, has been hollowed out. ‘It feels like the end,’ sources say
▼ + stars: | 2024-01-12 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

There is “literally no one there.”That’s because there is, effectively, no one working at Cheddar News, the once spirited financial news-focused streaming television network. “It feels like the end,” a person familiar with the matter candidly told me. By the time Archetype acquired Cheddar in December, only a couple dozen or so editorial staffers remained at the outlet, people familiar with the matter told me. Soon after signing those agreements, however, Archetype sent furlough notices to many of the remaining employees. “There is certainly a death happening as we speak,” one of the people familiar with the outlet’s state of affairs told me.

Persons: New York CNN —, ” I’m, Jon Steinberg, Bell ”, Kristen Scholer, I’m, Steinberg, ”, Kelly Facer, Stephanie Gildea, it’s Organizations: New, New York CNN, Cheddar News, CNBC, millennials, Altice USA, Associated Press, Altice, Business Locations: New York, Manhattan, Cheddar, ”

☆ The great wealth 'realignment': Affluent people keep moving from NY and SF to cheaper, warmer places
▼ + stars: | 2024-01-07 | by ( Zoe Rosenberg | ) www.businessinsider.com time to read: +6 min

Wealthy people are moving to states including Florida, Texas, North Carolina, and Tennessee. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Florida, Texas, and North Carolina are popular destinations for more than just the wealthy. The reshuffling of wealth is making historically cheaper states more expensiveIn Miami, in particular, this reshuffling of wealth has ushered in an era of unaffordability. "Miami and most of Southeast Florida have rebranded into more luxury markets," housing expert Jonathan Miller told BI in September.

Persons: They've, —, SmartAsset, Ken Griffin, Jeff Bezos, Alexander Tamargo, Indxx, AllianceBernstein, Charlotte, Goldman Sachs, Griffin, plunked, Jeffrey Greenberg, Jared Kushner, Ivanka Trump, Carl Icahn, Elon Musk, he's, Jonathan Miller, Bezos, Kushner, Trump, Dina Goldentayer, Dina Goldentayer Dina Goldentayer, Zillow Organizations: Service, Bloomberg, Austin, Citadel, Amazon, Allspring Global Investments, Oracle, Tesla, Dallas ., Company, Universal, Getty, Miami Locations: Florida , Texas, North Carolina, Tennessee, Miami, Florida, New York, California, Florida , Tennessee, New Jersey , Massachusetts, Dallas, Nashville, Charlotte, New York City, Texas, Miami Beach, Chicago, San Francisco, Austin, Coconut Grove, Southeast Florida

☆ Harvard's president stepping down is giving the GOP the green light to probe other top universities
▼ + stars: | 2024-01-02 | by ( Paul Squire | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Harvard President Claudine Gay — whose response to a question on antisemitism on campus at a Congressional hearing sparked outrage — has stepped down after weeks of increasing pressure. Gay gave a bungled answer that she wouldn't outright ban calls for genocide against Jews on campus during the House hearing last month. The controversy quickly spiraled into wider allegations of plagiarism against Gay — led by the Washington Free Beacon, a conservative outlet. Stefanik — who led the hearing Gay attended and was also booted off a Harvard advisory panel for backing Donald Trump's election lies — vowed to keep up the pressure.

Persons: —, Claudine Gay —, Gay, Gay —, Elise Stefanik, Stefanik —, Donald Trump's, Andrew Garbino, Claudine Gay, Carlos A, Gimenez, Claudine Gay's, Bill Ackman, Ackman, Gay's Organizations: Service, Harvard, Business, Washington Free, Republicans, GOP, New York Republican, Gay Locations: Florida

"The situation is getting worse by the hour," Richard Peeperkorn, WHO representative in Gaza, told reporters via video link. "There's intensified bombing going on all around, including here in the southern areas, Khan Younis and even in Rafah." Thomas White, Director of Affairs at the U.N. Palestinian agency in Gaza, said a population of more than 600,000 had been ordered to move to escape bombardment. The WHO's Peeperkorn said the agency had complied with an Israeli order to remove supplies from warehouses in Khan Younis. Reporting by Emma Farge and Gabrielle Tétraut-Farber; Editing by Rachel More and Janet LawrenceOur Standards: The Thomson Reuters Trust Principles.

Persons: Fadi Shana, Khan Younis, Richard Peeperkorn, There's, Peeperkorn, Thomas White, White, James Elder, I've, Tedros Adhanom Ghebreyesus, Israel, Emma Farge, Gabrielle Tétraut, Farber, Rachel More, Janet Lawrence Organizations: Hamas, REUTERS, WHO, Health Organization, United Nations, UNICEF, Thomson Locations: Israel, Palestinian, Rafah, Gaza, GENEVA, ., Cairo, Khan

☆ ‘It’s chaos:’ Starving Gazans dig for food, supplies under the rubble
▼ + stars: | 2023-12-05 | by ( Nadeen Ebrahim | Abeer Salman | ) edition.cnn.com time to read: +8 min

Jerusalem and Abu Dhabi CNN —One man carries six jars of cooking oil as he struggles to walk across the rubble. Since October 9, Israel has blocked access to water, food and electricity in the Strip that is home to more than 2 million Palestinians. “It’s chaos,” one resident told CNN Monday, standing behind a crowd of people scavenging for supplies under the damage. Displaced Palestinians queue for food donations in the southern Gaza Strip city of Rafah on November 30. A day after the IDF said it was expanding its ground operation, it said it struck about 200 Hamas targets in the Gaza Strip.

Persons: Baraka, Dier, Gazans, ” Thomas White, Kamil Al, ”, Mohammed Abed, Ibrahim Dabbour, ” Dabbour, Israel, Israel’s, Khan Younis, Bani Suheila, Abed Zagout, Critics, ” Sari Bashi, ” Bashi, Khalil Abu Marahil, “ It’s, “ We’ve, Sally Essam, Deir Organizations: Abu Dhabi CNN, CNN, Israeli Defense Forces, IDF, of Health, United Nations, UN Relief and Works Agency for Palestine Refugees, Food Programme, Getty, UN, Hamas, Human Rights Locations: Jerusalem, Abu Dhabi, Gazan, Deir, Israel, Gaza, Dier, East, Rafah, AFP, Beit Hanoun, United States, Khan, Southern Gaza, Khuza'a, Maan, Anadolu, Gaza City, “, Palestinian, Deir al

Consumers grew somewhat more optimistic about the future of the economy in November as expectations about inflation improved, but their sense of the current state of affairs worsened a bit. Still, two-thirds of consumers surveyed still expect a recession to be “somewhat” or “very likely” within the next 12 months. However, that is well above current inflation of 3.2% and forecasts from the Federal Reserve and mainstream economists. In the peak hour from 10 p.m. to 11 p.m. EST, consumers spent $15.7 million a minute, according to online analytics firm Adobe. One thing that might make some consumers happy is that home prices continued to increase in September.

Persons: ”, Dana Peterson, ” Peterson, Jeffrey Roach, Craig J, Lazzara, Lisa Sturtevant Organizations: Conference, Federal Reserve, LPL, “, Adobe, MLS Locations: Detroit, San Diego

LONDON (AP) — U.K. Treasury chief Jeremy Hunt says the government can afford to lower some taxes now that inflation is falling, but that any cuts will come along with a squeeze on welfare benefits. British media have reported that there will be relief for businesses and wealthy property-owners in Hunt’s autumn budget statement on Wednesday. But he cautioned to broadcasters on Saturday that “there’s no easy way to reduce the tax burden. The most likely tax cuts are a reduction in corporation tax and slashing inheritance tax, a move that would help the wealthy. Only about 4% of estates have to pay inheritance tax.

Persons: Jeremy Hunt, Hunt, “, ” Hunt, Rishi Sunak’s, Liz Truss, Ken Clarke, “ I’m, ” Organizations: Treasury, Saturday's Daily Telegraph, Conservative, Rishi Sunak’s Conservative, Bank of England’s, Labour Party, Conservative Treasury Locations: Ukraine

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