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☆ CNBC Daily Open: A Goldilocks jobs market?
▼ + stars: | 2023-06-05 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. And yes, the astounding number of new jobs added in May suggests that the labor market is still robust, which might add to inflationary pressures. Average hourly earnings were 10 basis points lower than forecast on an annual basis — but still higher than the historical average. That impressive showing doesn't bring the Russell to par with the S&P's gain year to date, but in the past week, the Russell rose 3.3% while the S&P added 1.8%.

Persons: Biden, that's, Terry Sandven, CNBC's Ari Levy, Russell, it's Organizations: CNBC, Federal Reserve, U.S, Bank Wealth Management, Markets, Dow Jones, Nasdaq Locations: U.S

☆ CNBC Daily Open: The Goldilocks effect
▼ + stars: | 2023-06-05 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Average hourly earnings were 10 basis points lower than forecast on an annual basis — but still higher than the historical average. "The so-called Goldilocks has entered the house," Terry Sandven, chief equity strategist at U.S. Bank Wealth Management, said. That impressive showing doesn't bring the Russell to par with the S&P's gain year to date, but in the past week, the Russell rose 3.3% while the S&P added 1.8%.

Persons: Joe Biden, Biden, that's, Terry Sandven, CNBC's Ari Levy, Russell, it's Organizations: White, CNBC, Federal Reserve, U.S, Bank Wealth Management, Markets, Dow Jones, Nasdaq Locations: Washington , DC, U.S

☆ Insider Interview: James Comey explains the rule-bending feds in his new and 'real' mystery novel
▼ + stars: | 2023-06-03 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +15 min

Insider: Let's talk about Benny Dugan, the salty, streetwise investigator who works with prosecutors for the Southern District of New York. And I would say, "What makes you think I'm a good person?" Insider: Correct me if I'm wrong, but don't all the good people get bought up by the end of the book? There are at least 57 FBIs — a New York FBI, a Saint Louis FBI, headquarters, the Washington Field Office. I don't think we've grappled with the implications of that, and whether it fits within our normal Fourth Amendment framework.

Persons: James Comey's, Benny Dugan, Dugan, Smith, —, — relents, Donald Trump, Trump, Comey, Hillary Clinton, Steele, wasn't Comey, Long, Kenneth McCabe, Benny, Kenny, Nora, I've, John le Carré, that's shortsighted, Matt Parker, James Comey, I'm, You've, Martin Scorsese, they've, Mattathias Schwartz Organizations: Wesson, Trump —, FBI, Southern, of, Justice Department, Twitter, US, CIA, New York FBI, Saint Louis FBI, Washington Field Office, State Department, Justice, New Yorker Mafia, La Cosa Nostra, Cosa Nostra, FISA Locations: of New York, Washington, Brooklyn, New York, Manhattan

☆ DeSantis bashes Trump as 2024 campaign swing begins
▼ + stars: | 2023-05-31 | by ( James Oliphant | ) www.reuters.com time to read: +5 min

Trump, the front-runner in the Republican race, recently assailed DeSantis' handling of the COVID pandemic, when DeSantis resisted federal mask and vaccine mandates. "Ron DeSantis is not a serious person who can take on Joe Biden and bring about the Great American Comeback," Trump campaign spokesman Steven Cheung said in response to DeSantis' remarks. It was little surprise, then, that DeSantis held his initial Iowa event in the auditorium of an evangelical church. DeSantis was introduced by Iowa's Republican governor, Kim Reynolds, and was joined by his wife, Casey DeSantis. The nascent DeSantis campaign has been buttressed by a well-funded Super PAC, Never Back Down, which has taken on many of the day-to-day responsibilities of a presidential effort.

Persons: Ron Desantis, Scott Morgan CLIVE, Ron DeSantis, Donald Trump, DeSantis, bashed Trump, he's, Trump, denigrated DeSantis, Joe Biden, Steven Cheung, politicking, Ted Cruz, Kim Reynolds, Casey DeSantis, Reynolds, Todd Jacklin, James Oliphant, Leslie Adler, Simon Cameron, Moore Organizations: Florida, Republican U.S, REUTERS, Republican, Twitter, Trump, PAC, Liberty, DeSantis, Thomson Locations: West Des Moines , Iowa, U.S, Scott Morgan CLIVE , Iowa, Florida, Iowa, Des Moines, New Hampshire, South Carolina, The Iowa, Johnston , Iowa

☆ In first presidential campaign swing, DeSantis says U.S. on wrong track
▼ + stars: | 2023-05-31 | by ( James Oliphant | ) www.reuters.com time to read: +3 min

Iowa is a key state for DeSantis. It was little surprise, then, that DeSantis held his initial Iowa event in an evangelical church auditorium outside of Des Moines. DeSantis was introduced by Iowa's Republican governor, Kim Reynolds, and was joined by his wife, Casey DeSantis. Todd Jacklin of Johnston, Iowa, 62, was volunteering for the event, but that did not mean he was sold on DeSantis. The nascent DeSantis campaign has been buttressed by a well-funded Super PAC, Never Back Down, which has taken on many of the day-to-day responsibilities of a presidential effort.

Persons: CLIVE, Ron DeSantis, DeSantis, politicking, Donald Trump, Trump, Ted Cruz, Kim Reynolds, Casey DeSantis, Reynolds, Todd Jacklin, James Oliphant, Leslie Adler Organizations: Tuesday, Twitter, Republican, Trump, PAC, Liberty, DeSantis, Thomson Locations: Iowa, Florida, New Hampshire, South Carolina, The Iowa, Des Moines, Johnston , Iowa

☆ McCarthy Emerges From the Debt Limit Fight With Victories, and Some Wounds
▼ + stars: | 2023-05-31 | by ( Carl Hulse | ) www.nytimes.com time to read: +1 min

When the debt limit fight began, it was widely assumed that Speaker Kevin McCarthy, untested and inexperienced in high-stakes negotiations, would either preside over an economically and politically calamitous government default or lose his hard-won post in a right-wing mutiny after caving to Democrats. So far, he has managed to avoid both outcomes while claiming some fiscal and policy wins. With House approval on Wednesday night of the debt limit package he personally negotiated with President Biden, Mr. McCarthy defied expectations and even earned grudging respect from White House officials while defusing the debt limit time bomb he himself planted by insisting on concessions in return for raising the nation’s borrowing limit. The bar was set low for Mr. McCarthy, known more for politicking and fund-raising than for policymaking, after he struggled mightily to win his post in the first place as House Republicans took control in January. But in the end, he delivered an agreement that met his goal of cutting spending from current levels.

Persons: Kevin McCarthy, Biden, McCarthy, mightily, — Organizations: White House, Mr, Republicans

☆ Mike Pence is set to launch his presidential campaign next week
▼ + stars: | 2023-05-31 | by ( Jonathan Allen | ) www.cnbc.com time to read: +4 min

Former US Vice President Mike Pence speaks during the Nixon National Energy Conference at the Richard Nixon Presidential Library & Museum in Yorba Linda, California, on Wednesday, April 19, 2023. Mike Pence plans to enter the GOP presidential nomination fray June 7 with a campaign video and a kickoff speech in Des Moines, Iowa, according to a person familiar with his launch schedule. Redefining himself to Republican voters, most of whom know him primarily as Trump's vice president, will be a challenge. The former vice president will campaign in all 99 Iowa counties before the caucuses, the person said, adding that the campaign "will do the things that put Mike Pence in an advantageous position." A pro-Trump mob sacked the U.S. Capitol that day in an effort to stop the certification, and some of the rioters chanted "hang Mike Pence."

Persons: Mike Pence, Richard Nixon, Donald Trump, Ron DeSantis, Pence, Pence's, Mike Pence's, Jan, Trump, Reagan, —, Chris Christie, Doug Burgum, That's, He'll Organizations: US, Nixon National Energy Conference, Richard Nixon Presidential Library & Museum, Florida Gov, Republican, Iowa GOP, Trump, Trump mob, U.S . Capitol, Social Security, New, New Jersey Gov, North Dakota Gov Locations: Yorba Linda , California, Des Moines , Iowa, Indiana, Iowa, Ukraine, New Jersey, Des Moines

☆ DeSantis to mount first campaign swing through key 2024 states
▼ + stars: | 2023-05-30 | by ( James Oliphant | ) www.reuters.com time to read: +2 min

Former President Donald Trump, the front-runner in the Republican race, will be right behind him. Trump will hold events in Iowa the day DeSantis stumps in New Hampshire, a sign the battle for the nomination is about to enter a more intense phase. Iowa is a key state for DeSantis. “This is a different guy than 2015, 2016,” DeSantis said on Friday in an interview with The Daily Wire, a conservative news website. DeSantis' campaign said it raised $8.2 million in the first 24 hours after his launch, signaling that he will have deep financial backing from party donors seeking to ensure Trump does not gain the nomination.

☆ Marieke Vervoort: How one Paralympian and triathlete's euthanasia papers extended her life by a decade
▼ + stars: | 2023-05-22 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +10 min

CNN —Throughout her storied career, triathlete and Paralympian Marieke Vervoort captured the imagination of her native Belgium and the wider world. … The fact that that had given her so much mental liberation and spiritual liberation, I thought, was a fantastic story,” Rapaport told CNN Sport. “If I didn’t have the papers, I think I would have already committed suicide,” Vervoort told reporters in 2016. And in this case, having control over decision-making about the end of your life,” Rapaport explained. Vervoort died in October 2019.

☆ The Clash of Civilizations That Heralded a Rocky Relationship
▼ + stars: | 2023-04-07 | by ( Abhishek Kaicker | ) www.nytimes.com time to read: +2 min

Das, a professor of English at Oxford University, is the rare scholar who combines a sensitivity to the literature of Jacobean England with a sympathetic and nuanced understanding of the Mughal empire. In Das’s telling, Roe was not a herald of the Company Raj to come as much as a product of 17th-century England, an island nation whose commercial ambitions were beginning to overshadow its royal court. Conflicts over precedence did nothing to advance his mission of securing trade rights, which was the real reason Roe had been sent across the Indian Ocean. The Mughal emperor Jahangir suffered neither James I’s financial embarrassments nor accorded much privilege to traders. Indeed, the court’s sumptuous ceremonies led “mogul” to become a byword for fantastical wealth and overwhelming power.

WASHINGTON, March 28 (Reuters) - Lawmakers are expected to put top U.S. bank regulators on the defensive over the unexpected failures of regional lenders Silicon Valley Bank and Signature Bank when they testify before Congress on Tuesday. Regulators have vowed to review their rules and procedures after the twin failures while insisting the overall system remains sound. Tuesday's hearing at the Senate Banking Committee will give lawmakers the chance to press watchdogs on what went wrong on their watch, and push preferred policy prescriptions. They just didn't," said Sen. Tim Scott of South Carolina, the top Republican on the Senate Banking Committee, at a banking industry conference last week. Some Democrats, including major bank critic Senator Elizabeth Warren of Massachusetts, have also argued a 2018 bank deregulation law is to blame.

[1/8] Seho Uyan, who survived a deadly earthquake, but lost his four relatives, sits in front of a collapsed building in Adiyaman, Turkey February 11, 2023. Turkey said about 80,000 people were in hospital, with more than 1 million in temporary shelters. U.N. aid chief Martin Griffiths described the earthquake as the region's worst event in 100 years, predicting the death toll would at least double. He praised Turkey's response, saying his experience was that disaster victims were always disappointed by early relief efforts. It has killed 24,617 inside Turkey, and more than 3,500 in Syria, where tolls have not been updated since Friday.

In 2016, New Hampshire Republicans lifted Donald Trump’s candidacy after he lost in Iowa, becoming the first state to embrace the future president. Chris SununuWhile Trump is considered the early favorite, the doubters, naysayers and haters in the New Hampshire Republican Party could steer him off course. “Just fill in the blanks.”Sununu argued that New Hampshire Republicans are tired of drama and are ready for a new face. New Hampshire Republicans are reeling from the losses in November. I do not think it’s a foregone conclusion,” said New Hampshire Republican Mike Dennehy, a onetime adviser to the late presidential candidate Sen. John McCain.

☆ Tech Companies Make Final Push to Head Off Tougher Regulation
▼ + stars: | 2022-12-19 | by ( John D. Mckinnon | Chad Day | ) www.wsj.com time to read: 1 min

Companies such as Apple, led by Tim Cook, have successfully blocked major legislation in Washington. WASHINGTON—Supporters of tougher tech regulation are making a final push to eke out a few wins before Congress adjourns—and big technology companies are responding with a fresh advertising blitz. Tech companies have built a perfect record so far in blocking major legislation in Congress that could impede their business interests, with the help of prodigious spending on Beltway lobbying and grass-roots politicking.

REUTERS/Kevin Lamarque/File PhotoCompanies U.S. House of Representatives FollowWASHINGTON, Dec 8 (Reuters) - A pastor told a U.S congressional panel on Thursday he believed he pushed the boundaries of Christian ethics when he learned in advance of a landmark 2014 Supreme Court decision that exempted some companies from insuring employees for birth control. Prominent Democrats have called for increased oversight at the Supreme Court, which now has a 6-3 conservative majority that includes three appointees of Republican former President Donald Trump. U.S. Chief Justice John Roberts directed the Supreme Court's marshal to investigate the leak, calling it a "betrayal." Justice Alito, an intellectual hero for some conservatives, would later say the leak this year put him and his colleagues at risk of assassination. Schenck on Thursday said he was motivated to come forward out of fear that Supreme Court staff could unfairly take the blame for the Dobbs leak.

REUTERS/Kevin Lamarque/File PhotoWASHINGTON, Dec 8 (Reuters) - A U.S. House of Representatives committee will on Thursday hear the testimony of a former anti-abortion leader who has alleged he was told in advance about the outcome of a major 2014 Supreme Court ruling regarding contraceptives. Earlier this year, a majority opinion written by Alito and overturning the landmark 1973 Roe v Wade decision that had legalized abortion nationwide, was leaked to Politico. U.S. Chief Justice John Roberts directed the Supreme Court's marshal to investigate the leak, calling it a "betrayal." Justice Alito, an intellectual hero among some conservatives, would later say the leak this year put him and his colleagues at risk of assassination. Some Democrats have said the leaks show the Court needs more oversight and that the increasingly conservative body is susceptible to influence peddling.

☆ A Christian minister testified that he was involved in decades-long efforts to influence the Supreme Court: 'We pushed the boundaries of Christian ethics'
▼ + stars: | 2022-12-08 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +4 min

An evangelical Christian minister testified he was involved in an effort to influence Supreme Court justices' thinking. Robert Schenck told a congressional panel that he gained advance knowledge of a 2014 Supreme Court ruling. "I believe we pushed the boundaries of Christian ethics and comprised the high court's promise to administer equal justice," Schenck said. The allegations have prompted renewed calls from Democratic lawmakers for the Supreme Court justices to abide by an ethics code. "I don't believe a thing Mr. Schneck says," Paoletta, a former clerk for Justice Thomas, told the committee.

His centre-left Social Democrats, the Greens and liberal Free Democrats, have had to wrangle to reach compromises, sometimes delaying decisions. Some European allies say the focus on domestic challenges and internal politicking have distracted Berlin from regional cooperation and especially the key German-French motor that traditionally drives the European Union. Relief measures worth hundreds of billions of euros have helped Scholz's coalition stave off serious social unrest due to soaring energy prices in the wake of the Ukraine war, but recent polls suggest it has lost its majority. MIXED MESSAGESTo be sure, Germany's allies have welcomed the Zeitenwende after years of warning the country of complacency on security. The government may for example not reach the NATO spending goal until 2025, a spokesman said this week.

The answer is simple, according to more than a dozen Washington insiders, FTX employees, and crypto industry observers who spoke with Insider. I don't think anyone believed that he was going to fund candidates who were, quote unquote, committed to ending pandemics who were also hostile to the crypto industry." Alex Wong/Getty ImagesRebuffed by the SEC, Bankman-Fried turned his attention to Congress. "It's not that he was welcoming regulation," says the senior figure in the crypto industry who attended meetings with Bankman-Fried. But while Bankman-Fried was busy wooing Washington, FTX was about to become Exhibit A in the case for more effective oversight of the crypto industry.

☆ There is a growing shadow campaign to defend Joe Biden from House Republicans
▼ + stars: | 2022-11-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +8 min

Three new "war rooms" have sprung up in the past two weeks to combat the House Republican investigations, each backed by multimillion-dollar dark money budgets and some of the best-known operatives in the Democratic Party. Every White House has faced congressional investigations. The White House itself has been preparing for months for the barrage of inquiries, adding both legal and public relations firepower to the White House Counsel’s Office, which is quarterbacking its effort, and encouraging federal agencies to take similar moves. And the White House prefers to stay above the political fray, anyway. I also think it’s the story of Joe Biden as an empathetic father.”

☆ In California, two Asian Americans fight for a seat in the House — and with each other
▼ + stars: | 2022-10-25 | by ( Kimmy Yam | Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +9 min

As the midterms loom, one key House race in California is drawing significant attention both to Asian Americans in the district, and from them. The race features a rare matchup between two Asian Americans, and the result hinges on Asian Americans, who make up about a third of the district’s voters. “I think here, we’re seeing a wake-up call,” Connie Chung Joe, chief executive of Asian Americans Advancing Justice Southern California, told NBC News. Within the electorate, almost half are of Vietnamese descent, one of the few Asian American groups that tends to lean right. It’s something, Joe said, that white candidates, for example, can “take for granted.”But Wong added that accusing another Asian American candidate of being disloyal “hurts the whole Asian American community.”As fiery as the race has been, it’s also reflective of a political maturation within the Asian American community, experts say.

A man writes on a memorial wall as he takes part in a memorial ceremony in honour of the victims of the coronavirus disease (COVID-19) at Paulista Avenue in Sao Paulo, Brazil October 23, 2022. REUTERS/Mariana GreifSAO PAULO, Oct 23 (Reuters) - Brazilians on Sunday paid tribute in Sao Paulo to friends and family members who died of the coronavirus by writing messages on a mural set up on a boulevard in honor of the 680,000 people Brazil lost to the pandemic. Representatives from the Terena and Guarani tribes joined the demonstration, some donning headdresses and black-and-red face paint. "The left takes that and uses it for all sorts of politicking, it's really ugly." Register now for FREE unlimited access to Reuters.com RegisterReporting by Leonardo Benassatto and Brian Ellsworth in Sao Paulo; Editing by Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.

But many campaigners believe King Charles III presents a unique opportunity: They think most royalism was actually fondness for the widely loved queen, and he — a new, less popular king — won't inherit this support. The English Civil War resulted in the beheading of King Charles I, before the "Glorious Revolution" saw English elites effectively choose a new monarch who gave lawmakers more rights. William, Prince of Wales, and Catherine, Princess of Wales, look at floral tributes to the queen at Sandringham Estate on Thursday. Some observers agree that Charles should be viewed in an entirely new light now that he is king. “The monarchy knows statesmanship is about knowing to give up what you can no longer keep,” she said.

☆ Ron DeSantis said the migrants he flew to Martha's Vineyard 'hit the jackpot' — but immigration experts say the stunt more closely resembles a 'different shade of family separation'
▼ + stars: | 2022-09-20 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

Ron DeSantis defended his decision to fly dozens of migrants from Texas to Martha's Vineyard. Over the weekend, he suggested that those migrants "hit the jackpot" by landing in Massachusetts. "Florida is not on the US-Mexico border, so the migrants were transported to Martha's Vineyard from Texas on Floridians' dime." It's carefully-chosen language on DeSantis' part but doesn't represent the reality for most migrants, according to immigration experts. The migrants who landed in Martha's Vineyard last week were given misleading brochures promising cash assistance and job placement services before touching down on the island, according to lawyers for the migrants.

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