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Democratic Party grandees, meanwhile, crowded onto Sunday talk shows to try to turn attention away from Biden’s confused and painful debate showing and to put the spotlight back on Trump. But any set of bad polls showing an already-tough reelection bid was seriously damaged by the debate could trigger panic again. The ferocious counterattack by Biden’s campaign, however, is not answering fundamental questions posed in the aftermath of a debate that shattered confidence in Biden’s capacity to beat Trump for many of his fellow Democrats. Voters saw Biden’s reduced and poignant state with their own eyes. Biden campaign manager Jennifer O’Malley Dillon even blamed any poor forthcoming polls on the media and not the president.
Persons: Joe Biden, Biden, Donald Trump, Biden’s, Democratic Party grandees, Nancy Pelosi, CNN’s Dana, , James Clyburn, Bash, CNN’s MJ Lee, Jeff Zeleny, Putin, Xi, Doug Burgum, “ Joe Biden, Wes Moore, it’s, Trump, he’s, , , Biden —, Jamie Raskin, ” Raskin, ” Biden’s, Jennifer O’Malley Dillon, Barack Obama’s, Utah Sen, Mitt Romney, Obama, alienates, Rob Flaherty, ” Flaherty Organizations: CNN, Camp David, Democratic, Democratic Party, Trump, Union, ” South Carolina Rep, Biden, North Dakota Gov, Press, Top Democrats, Maryland Democratic Gov, CBS, Maryland, MSNBC, , Trump . Voters Locations: Camp, “ State, , Russia, China, Iran, New Jersey, Atlanta, Chicago, North Carolina, Washington, Utah
At the height of their careers, former defense ministers Li and Wei often struck a tough tone before the world’s top military officials. Former Defense Ministers Li Shangfu and his predecessor Wei Fenghe have both been expelled from the Communist Party over corruption allegations. Most of the generals dismissed or disappeared without explanation last year were linked to the Rocket Force or military equipment, including Li and Wei. An engineer by training, the 66-year-old spent decades launching rockets and satellites in southwest China before being promoted to the PLA headquarters to deal with military equipment procurement. “The gun barrel must always be held in the hands of those who are loyal and reliable to the party,” Xi told the PLA elites.
Persons: Hong Kong CNN —, Xi, Li Shangfu, Wei Fenghe, Xi Jinping, Li, Wei, , James Char, , Former Defense Ministers Li Shangfu, Wei’s, Joel Wuthnow, ” Wuthnow, ” Char, Weidong, Char, Jason Lee, Xu Caihou, Guo Boxiong, Xu, Guo, Wuthnow, Jiang Zemin, haven’t, ” Wei, Li “, Bill Bishop, ” Xi Organizations: Hong Kong CNN, Communist Party, People’s Liberation Army, PLA, Rajaratnam, of International Studies, Former Defense Ministers, AP, Reuters, Rocket Force, Development Department, Second Artillery Corps, Pentagon, National Defense University, CCP, China’s Naval University of Engineering, Central Military Commission, Military, People's, CMC, Communist Locations: China, Hong Kong, Taiwan, United States, Singapore, People's Republic of China, Beijing, Yan’an
Watch Monday's full episode of Fast Money — July 1, 2024
  + stars: | 2024-07-01 | 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 EmailWatch Monday's full episode of Fast Money — July 1, 2024"Fast Money" is America's post-market show. Hosted by Melissa Lee and a roundtable of top traders, "Fast Money" breaks through the noise of the day, to bring you the actionable news that matters most to investors.
Persons: Melissa Lee
CNN —Teenage sprinting sensation Quincy Wilson is set to become the youngest ever US male track Olympian after the 16-year-old announced he had reportedly been picked in the 4x400 meter relay roster for this year’s Olympic Games in Paris. “The call came directly to me from USA Track & Field,” Lee told USA Today. Wilson’s selection comes after a brilliant debut at the US Olympic Trials last week, where he twice broke a 400m world record. Born in 2008, Wilson has quickly established himself as one of the most promising rising stars in track and field. The sprinter seems to break a record whenever he runs and now looks set for a chance to prove himself on the world stage.
Persons: Quincy Wilson, Wilson, , , he’d, Wilson’s, Joe Lee, ” Lee, ” Wilson Organizations: CNN, Washington Post, USA, US Locations: Paris, Quincy
Watch CNBC’s full interview with Fundstrat’s Tom Lee
  + stars: | 2024-07-01 | 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 EmailWatch CNBC’s full interview with Fundstrat’s Tom LeeTom Lee, Fundstrat Global Advisors co-founder and head of research, joins 'Squawk on the Street' to discuss markets, his bitcoin thesis, and more.
Persons: Fundstrat’s Tom Lee Tom Lee Organizations: Fundstrat Global Advisors
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin will have 'pretty sharp rebound' in the second half of the year, says Fundstrat's Tom LeeTom Lee, Fundstrat Global Advisors co-founder and head of research, joins 'Squawk on the Street' to discuss markets, his bitcoin thesis, and more.
Persons: Tom Lee Tom Lee Organizations: Fundstrat Global Advisors
Bitcoin holders will see a huge appreciation in the coin by the end of the year. The crypto is on track to hit $150,000 as it clears an overhang created by Mount Gox repayments, Tom Lee said. Bitcoin has had a strong year so far, hitting a fresh record high before edging lower in recent weeks. AdvertisementBut the impact of repayments will fade, Lee suggested, forecasting another big rally to boost bitcoin through the rest of this year. "Bitcoin's probably suffering from the Mount Gox starting distributions in July.
Persons: Tom Lee, Bitcoin, , Lee, Gox, Bitcoin's, bitcoin Organizations: Service, bitcoin, Mount, CNBC
Seoul, South Korea CNN —A ballistic missile launched by North Korea on Monday might have had an “abnormal” flight trajectory and could have fallen inland, possibly near the capital of Pyongyang, the South Korean military said. North Korea launched two ballistic missiles on Monday morning, according to reports from the South Korean, American and Japanese governments. South Korea later said the North Korean claim was false. Meanwhile, both nations are drawing closer to their respective partners – with North Korea recently signing a defense agreement with Russian President Vladimir Putin and South Korea stepping up cooperation with Japan and the United States. “Pyongyang is also determined not to appear weak while South Korea conducts defense exercises with Japan and the United States.”
Persons: Lee Sung, ” Lee, Lee, Kim ramped, Vladimir Putin, Leif, Eric Easley, Kim, Organizations: South Korea CNN, North, South Korean, South Korea’s, Chiefs of Staff, Korean Central News Agency, Nations, Ewha Womans University, Central Committee, Worker’s Party, South Locations: Seoul, South Korea, North Korea, Pyongyang, South, South Hwanghae, Changyon, North Korea’s, Japan, United States
Millennials are poised to be the wealthiest generation in history, but are they ready to handle the large inflow of money? A vast $90 trillion wealth transfer over the next 20 years will likely make millennials "the richest generation in history," according to estimates from global real estate consultancy Knight Frank. "The millennials are very ill prepared … they're not as well prepared as the wealth creating generation," Salvatore Buscemi, co-founder and managing partner of multi-family office Brahmin Partners told CNBC. "They don't have the skill sets earlier on to be able to do that because they never had to - they were never pushed," he said. "And the problem is - are they going to be motivated later in life to push themselves to acquire these skill sets?"
Persons: Knight Frank, , Salvatore Buscemi, Buscemi Organizations: Partners, CNBC
Fundstrat's Tom Lee is standing by his $150,000 forecast for bitcoin despite recent weakness in the cryptocurrency. Bitcoin has been stuck in a tight trading range between $60,000 and $70,000 since it touched an all-time high of about $73,000 in March. Gox starting distributions in July – that was a huge overhang for many years," Lee told CNBC's " Squawk Box " Monday morning. BTC.CM= 1M mountain Bitcoin's recent weakness On June 24, the trustee of the now defunct Mt. Additionally, the U.S. and German governments sent large amounts of previously seized bitcoin to exchanges at the end of June, further driving the coin's recent weakness.
Persons: Fundstrat's Tom Lee, Bitcoin, Bitcoin's, Lee, CNBC's, I'd, bitcoin Locations: Mt, U.S
On the last day of its term, the Supreme Court appears poised to decide whether former President Donald J. Trump is immune from prosecution on charges that he used his office to try to subvert the 2020 election. Credit... Eric Lee/The New York Times
Persons: Donald J, Trump, Eric Lee Organizations: New York
Boeing earlier reached a deferred prosecution deal with the DOJ for two fatal crashes in 2018 and 2019. The DOJ now plans to charge Boeing with fraud after officials found Boeing violated that deal. The new plea deal doesn't hold Boeing accountable for the deaths, an attorney for the families told BI. AdvertisementFamilies of the victims of the two fatal Boeing 737 Max crashes are denouncing a plea deal the Justice Department is preparing to offer the airplane manufacturer, an attorney representing some of those families told Business Insider. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Boeing, DOJ, Service, Justice Department, Business, Federal, Bloomberg
CNN —Joe Biden’s family on Sunday encouraged the president to stay in the 2024 race and privately discussed whether top aides should be fired on the heels of Biden’s stunningly poor debate performance, which has thrown his campaign into turmoil. Biden’s family, including first lady Jill Biden, son Hunter Biden and their grandchildren, convened at Camp David for a previously scheduled get-together and implored the president to keep fighting in his bid for reelection, Biden advisers told CNN. Biden, however, is known for being loyal to and protective of his close advisers, and does not like to fire aides. The admiration and support that Biden’s family showed the president Sunday mirrored the first lady’s effusive public praise for her husband in recent days. The opinion of Biden’s family would be crucial in determining his political future – even more so than the president’s famously insular inner circle of top advisers.
Persons: Joe Biden’s, Jill Biden, Hunter Biden, Biden, Donald Trump –, preemptively, , Donald Trump, Annie Leibovitz, John Morgan, Anita Dunn, Bob Bauer, “ Biden, ” Morgan Organizations: CNN, Camp, Democratic, Biden, Camp David Locations: Atlanta, Florida
MINNEAPOLIS – Only a week ago, Alicia Sacramone Quinn fretted about the gut-wrenching decision she and her two colleagues would have to make in determining the 2024 Olympic team. The United States will send four members of its 2020 Olympic team to Paris — Simone Biles, Sunisa Lee, Jordan Chiles and Jade Carey — reserving one singular spot for a rookie. For the very first time, we proudly introduce the 2024 U.S. Olympic Women's Gymnastics Team presented by @Xfinity! “I knew I wasn’t done after Tokyo,‘’ Biles said, adding that her “religious” Thursday meetings with her therapist helped her through. GO DEEPER At U.S. Olympic gymnastics trials, rash of injuries hovers over a major momentThe U.S. it turns out, is lucky none of the women making the return to the Games gave up.
Persons: Alicia Sacramone Quinn, Quinn, Paris — Simone Biles, Sunisa Lee, Jordan Chiles, Jade Carey —, Hezly Rivera, @Xfinity, ➡️ Hezly Rivera ➡️ Jade Carey ➡️ Simone Biles ➡️ Suni Lee ➡️ Jordan Chiles, Joscelyn Roberson, Leanne Wong pic.twitter.com, btf44HDjSL, Rivera, ” Quinn, , ’ Biles, I’d, Biles, , Skye Blakely, Kayla DiCello, Shilese Jones, Carey, , Brian, Chiles, Chiles wasn’t, overthinking, Megan Thee, Beyonce, ” Chiles, , Lee, she’d, Blakely, Jones, medaling, dismounting, Jess Graba, ‘ ’, Lee —, Matt Krohn Organizations: MINNEAPOLIS, Paris, Olympic, Target Center, , U.S, Games, Oregon State, NCAA, UCLA, U.S . Locations: Tokyo, United States, American, Minneapolis, Paris, Oregon, Biles
CNN —Reigning world champion Simone Biles will become the fourth American woman gymnast to compete in three Olympic Games after placing first in the all-around competition at the 2024 US Olympic Gymnastics Trials Sunday in Minneapolis. Biles started her night on the vault, posting a score of 15.500. Her second rotation of the night - the uneven bars - showed Biles’ consistency, as she finished with a score of 14.200. Like on night one of the competition, Biles was shaky on the beam - her third rotation. In Paris, Biles’ first opportunity to add to her haul of seven Olympic medals will be the women’s team final on July 30, two days before the all-around final.
Persons: Simone Biles, Suni Lee, Jordan Chiles, Biles, Biles dazzled, Jonathan Owens, Biles ’, Asher Hong, Stephen Nedoroscik, Frederick Richard, Brody Malone, Paul Juda, Khoi Young, Shane Wiskus Organizations: CNN, Reigning, Olympic, Target, NFL, Chicago Bears, Tokyo Games, Paris Olympics Locations: American, Minneapolis, Paris, Khoi
My daughter came out, and I missed the punchline
  + stars: | 2024-06-30 | by ( Shannon Carpenter | ) edition.cnn.com   time to read: +6 min
His oldest child and his only daughter just announced to him that she is something different than what’s considered traditional. I did not say, “Hi Gay, I’m Dad.” She set me up with the perfect dad joke opportunity, and I missed it. I am honored that my daughter trusted me enough to know I would be there for her, even if she had her doubts. This was on my mind when my daughter decided to tell her story. But my daughter and her girlfriend having the confidence and support to come out and be who they truly are is a very big deal.
Persons: it’s, Dad, , I’m Dad, Trevor, Carpenter, Shannon Carpenter, James Moran, Moran, ” Moran, Vivi, I’ve, It’s, Dad ” Organizations: CNN, Our, KC, Kansas, Historical Locations: Lee's, Kansas City , Missouri, Royal , Nebraska
Advertisement"We were showing people what they had never seen before," Serhant, 39, told Business Insider. "The real estate isn't what's exclusive anymore," Serhant explained. Serhant passed down wisdom to new agentsRyan Serhant and his team of agents want to become the #1 real estate firm in New York City in their new Netflix show. "The show is going to be great if it's the most vulnerable real estate show on the planet and the most authentic," he told BI. In the first episode of "Owning Manhattan," Serhant said he wants his eponymous firm, just four years old, to be the No.
Persons: , Instagram, Ryan Serhant, Serhant, it's, he's, Chloe Tucker Caine, Tricia Lee Organizations: Service, New York, Business, Netflix, Television, YouTube, Benz Locations: New York City, Greenwich, Manhattan, New, Brooklyn, York City, Miami, Greece
Read previewAfter President Joe Biden's disastrous debate performance on Thursday night against former President Donald Trump, The New York Times Editorial Board has declared that it's seen enough: Biden should step aside. "The president appeared on Thursday night as the shadow of a great public servant," the editorial board wrote. The Times' editorial board, which typically leans left on issues, has previously called on Biden to take voters' concerns about age seriously. Related storiesAnd Thursday's debate only cemented those concerns that the editorial board argued won't be dispelled through more public appearances. "That is how much of a danger Mr. Trump poses," the board wrote.
Persons: , Joe Biden's, Donald Trump, it's, Biden, Trump, Mr, aren't Organizations: Service, The New York Times, Business, Times, New York Times, The Times, White, Trump, Republican Locations: United States
When Rodrigo Duterte was running for president eight years ago, he vowed to order the police and the military to find drug users and traffickers to kill them, promising immunity for such killings. In the months after, police officers and vigilantes mercilessly gunned down tens of thousands of people in summary executions. Even now, two years after Mr. Duterte left office, there has been little legal reckoning with the wave of killings: Only eight police officers have been given prison sentences, in connection with just four cases, with one verdict that came this month. And though rights groups say that there have been fewer such killings since Mr. Duterte left, and far fewer involving agents of the government, a culture of violence and impunity has maintained a troubling hold in the Philippines.
Persons: Rodrigo Duterte, Duterte Locations: Philippines
“I knew I wanted to have my own business,” Mrs. Monrroy said on a recent weekday afternoon on Hollywood Boulevard, where her childhood wish has come true. “Mango, water, soda, Gatorade, hot dog!” she calls out to the crowds traipsing over Hollywood Walk of Fame stars dedicated to Bruce Willis and Billy Crystal. In Los Angeles alone, an estimated 10,000 street vendors sell food. Until recently, vendors along Hollywood Boulevard were operating outside the law. And while longtime street vendors respect and recognize the turf of other regulars, there are more sellers working in the area, and competition has increased.
Persons: Kurtis Lee, Ruth Monrroy, , , Monrroy, Bruce Willis, Billy Crystal, , carne asada tacos Organizations: Gatorade, Hollywood Locations: Guatemala, California, Fresno, Oakland, Los Angeles, Hollywood
CNN —Reigning world champion Simone Biles finished atop of the leaderboard after the first night of competition at the 2024 US Olympic Gymnastics Trials Friday in Minneapolis. Jordan Chiles sits in second with 56.400 points and Suni Lee in third with 56.025 points ahead of Sunday night’s trials finale. For reference, Biles posted identical 14.800 scores in both of her attempts at the US Gymnastics Championships four weeks ago, when she won her ninth all-around title. Simone Biles competes on the balance beam at the United States Gymnastics Olympic Trials in Minneapolis, Minnesota on June 28, 2024. Simone Biles competes on the uneven bars on Day Two of the 2024 U.S. Olympic Team Gymnastics Trials at Target Center in Minneapolis, Minnesota on June 28, 2024.
Persons: Simone Biles, Jordan Chiles, Suni Lee, Biles, Charlie Riedel, Jamie Squire, Organizations: CNN, Reigning, US, United States, Paris Olympics, Tokyo, Olympic, Target Locations: Minneapolis, Minneapolis , Minnesota, Paris, American
Martha J. Egan has spent decades rummaging around markets and antique stores across Latin America in search of the rare, carefully crafted devotional pendants called relicarios. Her hunt has led her to amass more than 400 of the objects — pronounced reh-lee-CAR-yos; in English, reliquaries — and to write two books about what she has come to view as an overlooked genre within the body of religious art created during the Spanish colonization of the New World. Of course, “there was not much art in the colonial era that was not religious,” said Ms. Egan, 78, who has a bachelor’s degree in Latin American history. Typically, the pieces (sometimes called medallones or miniaturas) were pendants with painted, carved or printed depictions of favorite saints or the Virgin Mary on both sides, set in metal bezels under glass. Made for people in a range of social and economic classes, some relicarios were plain while others were elaborately decorated; their creators were usually anonymous.
Persons: Martha J, Egan, reliquaries, , Virgin Mary Locations: America
Asked whether Biden would exit the race, Biden campaign spokesperson Seth Schuster responded: “No.”“There’s no basis for that,” one Biden adviser also told CNN Friday morning. The Biden campaign will hold an all-staff meeting Friday afternoon, two Biden campaign officials told CNN, part of what they said is a routine pattern of Friday meetings. “It’s hard to debate a liar,” Biden told patrons at an Atlanta-area Waffle House following the debate. Big lies.”Pro-Biden political world fretsIn the broader pro-Biden and anti-Trump political universe, the panic over Biden’s debate performance was much clearer on Friday morning. God.”The veterans of Obama’s administration who launched the “Pod Save America” series of podcasts popular with liberal listeners also lamented Biden’s performance.
Persons: Joe Biden’s, Biden, , Donald Trump, Seth Schuster, , Joe Biden, Allison Joyce, Hakeem Jeffries, Biden —, “ I’m, ” Jeffries, Biden’s, David, “ It’s, It’s, , Jeff Zients, Anita Dunn, Tristen Rouse, CNN ‘, ’ Biden, , Barack Obama’s, Obama, ” Obama, ” Biden, reconsidering, Joe, Jill Biden, Trump, Republican Adam Kinzinger —, Kinzinger, Joe Scarborough —, Axios, ” Scarborough, ” Jon Stewart fuming, ” Stewart, Jon Favreau, haven’t, Joe Biden —, ” Ben Rhodes, “ Joe Biden couldn’t, Angie Craig, Brad Schneider, Scott Peters, ” Peters, Nancy Pelosi, ” Trump, Jim Clyburn, didn’t, Democratic Sen, Ben Cardin, Ben Cardin of Maryland, “ Biden, ” Cardin, ‘ We’ve, Josh Shapiro, Shapiro, ” “, we’ve, ” Shapiro, Michigan’s Gretchen Whitmer, “ Joe Biden, ” Whitmer, Donald Trump’s, Betsy Klein, Haley Talbot, Manu Raju, Veronica Stracqualursi, Andrew Millman, Ted Barrett, Lauren Fox, Annie Grayer, Priscilla Alvarez Organizations: Washington CNN, Democratic, CNN, House, Getty, House Democratic, Biden, White, White House, , Trump, Charlottesville White, New York Times, Republican, Illinois, Obama, ” Hill, California, South Carolina Rep, Pennsylvania Locations: North Carolina, Wilmington, Raleigh , North Carolina, Carolina, Biden’s Wilmington, Washington ,, Atlanta, Charlottesville, America, Ben Cardin of, Chicago
After she got divorced in 2021, Sora Lee bought a brand new Tesla Model 3 for just over $70,000. "I just really wanted a Tesla because it's something my ex wouldn't let me [have], and I regret buying that full price," the 34-year-old tells CNBC Make It. It wasn't necessarily that she couldn't afford the car or the approximate $1,000 a month she puts toward the loan. But in retrospect, she says buying a shiny new car wasn't a very smart investment. "If I had put that into something else, I would have been making more money in terms of my investment return."
Persons: Sora Lee, Lee, Edmunds Organizations: Tesla, CNBC, Meta
CNN —The New York Times Editorial Board is calling on President Joe Biden to leave the race for the White House after his performance at CNN’s presidential debate. He struggled to hold Mr. Trump accountable for his lies, his failures and his chilling plans. “The greatest public service Mr. Biden can now perform is to announce that he will not continue to run for re-election. There is no reason for the party to risk the stability and security of the country by forcing voters to choose between Mr. Trump’s deficiencies and those of Mr. Biden. “The last time Joe Biden lost the New York Times editorial board’s endorsement, it turned out pretty well for him,” Biden campaign co-chair Cedric Richmond told CNN.
Persons: Joe Biden, , Trump, Biden, It’s, Donald Trump, ” Biden, Cedric Richmond, Amy Klobuchar, Elizabeth Warren, , David Axelrod, Axelrod, Alex Wagner, ” Wagner, Betsy Klein, Kasie Hunt, MJ Lee, Lauren Fox, Kayla Tausche, Arlette Saenz, Hadas Gold Organizations: CNN, The New York Times Editorial, White, Democratic, Trump, Times, Biden, New York Times, The Times, The New York Times, , MSNBC
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