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Nov 23 (Reuters) - The United States is in talks with Mexico and other countries to facilitate the return of Venezuelan migrants to their homeland, a senior U.S. official said in a call with reporters on Tuesday. "We're in discussion with Mexico and other countries to see what can be done in that sense," said Blas Nunez-Neto, the acting assistant secretary for U.S. border and immigration policy. Nunez-Neto declined to provide details when asked which other countries were in talks with the United States. A U.S. federal judge invalidated Title 42 last week but then a Republican-led legal challenge was filed seeking to keep it in place. Return flights of Venezuelans from Mexico began last month, Mexican officials told Reuters.

☆ Fewer states than ever could pick the next president
▼ + stars: | 2022-11-22 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +17 min

Five states decided the last presidential race by flipping from Trump in 2016 to Joe Biden in 2020 – Arizona, Georgia, Michigan, Pennsylvania and Wisconsin. The Democratic and Republican presidential nominees have each carried 20 states in every election since at least 2008. Democrats did not demonstrate the capacity to threaten any of the GOP’s core 20 states, as Republicans did in Nevada. A race with just Wisconsin, Nevada, Georgia and Arizona as true battlegrounds would begin with Democrats favored in states holding 260 Electoral College votes (including Washington, DC) and Republicans in states with 235. After 2022, the list of genuinely competitive presidential states may be shrinking, but, if anything, that could increase the tension as the nation remains poised on the knife’s edge between two deeply entrenched, but increasingly antithetical, political coalitions.

☆ Rail workers at biggest unions split on contract, strike potential unclear
▼ + stars: | 2022-11-21 | by ( Eli M. Rosenberg | Eli Rosenberg Is An Investigative Tech Reporter For Nbc News. | ) www.nbcnews.com time to read: +6 min

Workers at two of the country's biggest rail unions split over a tentative contract their leaders had hashed out with freight rail companies — leaving open the possibility of a debilitating rail strike in the middle of the holiday season. The 28,000-member SMART-TD union, which represents rail conductors, voted no on the contract, after one of their divisions voted it down. A strike could also impact the country’s commuter rail system, with the potential to halt service entirely on some lines serviced by freight rail workers and cause backlogs and traffic snarls on others. The National Carriers’ Conference Committee, which represents rail companies in the bargaining process warned about the economic threats of a strike. The Association of American Railroads, the trade group which represents the rail companies, estimates losses of $2 billion a day.

☆ Treasury Warns Crypto Industry of Money-Laundering Risks in ‘Mixers’
▼ + stars: | 2022-11-21 | by ( Mengqi Sun | ) www.wsj.com time to read: +3 min

The cryptocurrency industry must follow the U.S. Treasury Department’s anti-money-laundering and sanctions regulations to prevent bad actors from abusing platforms known as “mixers” to launder illicit funds, a senior official said. Crypto-industry participants have raised questions over the sanctions being imposed on Tornado Cash, a platform based on open-source, self-running software protocols. Some in the decentralized finance community have expressed concerns about what they see as excessive government pressure on the industry. Some, including Coinbase Global Inc. and industry advocacy groups, have sued the Treasury, alleging the action against Tornado Cash infringes on Americans’ privacy and First Amendment rights. Newsletter Sign-up WSJ | Risk and Compliance Journal Our Morning Risk Report features insights and news on governance, risk and compliance.

☆ Watch CNBC’s full interview with Rosenberg Research President David Rosenberg
▼ + stars: | 2022-11-21 | 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 Rosenberg Research President David RosenbergDavid Rosenberg, Rosenberg Research president, joins 'Closing Bell' to discuss his takeaway from the Fed talks this month and what the market should prepare for going into year end.

☆ This bear market still hasn't bottomed, says David Rosenberg
▼ + stars: | 2022-11-21 | 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 EmailThis bear market still hasn't bottomed, says David RosenbergDavid Rosenberg, Rosenberg Research president, joins 'Closing Bell' to discuss his takeaway from the Fed talks this month and what the market should prepare for going into year end.

☆ Rail strike potential grows, threatening to worsen supply chain backlogs, inflation
▼ + stars: | 2022-11-17 | by ( Eli M. Rosenberg | Eli Rosenberg Is An Investigative Tech Reporter For Nbc News. | ) www.nbcnews.com time to read: +12 min

That’s how much paid sick leave some freight rail workers are demanding from the rail companies before they sign new contracts. Rail workers say years of grievances about workforce cuts, coupled with new scheduling requirements, have pushed them to the brink of exhaustion. But if any of the unions decides to strike, all rail unions will honor the work stoppage. Kennedy said the union had never agreed to higher wages at the expense of a benefit like paid sick leave. “A rail strike, even one of short duration, would be catastrophic,” said John Drake, a vice president at the Chamber of Commerce.

Weisselberg, the Trump Organization's former chief financial officer, spoke about the savings during testimony as the prosecution's star witness. Weisselberg pleaded guilty in August to avoiding taxes on $1.76 million in income and helping engineer tax fraud. He said if the Trump Organization gave him a raise to cover those expenses, it would have cost the company twice as much to account for his resulting taxes. They have also sought to blame Mazars, which for many years prepared Trump Organization tax returns. The trial's first witness, Trump Organization controller Jeffrey McConney, testified that he did not know whether executives' rent payments were taxable income.

WASHINGTON, Nov 15 (Reuters) - A U.S. judge on Tuesday ruled that a COVID-19-era order used to expel hundreds of thousands of migrants to Mexico was unlawful, a ruling that could have major implications for U.S. border management. In a 49-page opinion, U.S. District Court Judge Emmit Sullivan said the policy was "arbitrary and capricious" and violated federal regulatory law. The order, known as Title 42, was put in place under then-President Donald Trump's administration in March 2020 early in the COVID pandemic. However, a Louisiana-based federal judge ruled in May that the Biden administration could not end it. Reporting by Ted Hesson in Washington and Mica Rosenberg in New York; Editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Credit card companies may lower credit limits if you haven't used your card for a while, or if your credit score suddenly drops. Why credit card companies lower credit limitsWhen you apply for a credit card, the credit card issuer looks at your credit and the ability to pay back any outstanding balance. If your credit score suddenly drops, for example, the credit card company might decide to lower your credit limit. How a lower credit limit can hurt your credit scoreYour cards' credit limits factor heavily into the formula that determines your credit score. Your credit limits specifically factor into the second biggest factor of your credit score: your credit balances, or your credit utilization.

☆ Beware: The companies that hold your crypto aren’t insured the way banks are
▼ + stars: | 2022-11-13 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +4 min

But now, in the wake of crypto exchange FTX’s implosion, crypto investors were reminded of another risk they face: Crypto accounts lack guaranteed protections when the exchange or platform provider goes belly up. But most banks and brokerages, as well as 401(k) plans, do provide federally guaranteed protections and other insurance. What’s more, customers may unwittingly agree to let the company running an exchange or platform use their digital assets. Bank and credit union accountsIf you have a checking or savings account, a money market deposit account or certificates of deposit at a bank or credit union, make sure the institution has deposit insurance. There are several types of deposit accounts you may have at one bank (e.g., personal account, business account, etc.)

A third source familiar with the matter said there was not a new formal agreement for regular deportation flights but that Cuba had agreed to accept occasional groups of deportees. The resumption of ICE deportation flights to Cuba could send a symbolic message to would-be migrants who typically fly to Central America and travel north to the border. A record 220,000 Cubans were caught at the U.S.-Mexico border in fiscal year 2022, which ended on Sept. 30. U.S. authorities made more than 2.2 million migrant arrests at the U.S.-Mexico border in fiscal year 2022, higher than any year on record. But just 2 percent of Cubans apprehended at the border were expelled in the 2022 fiscal year.

☆ Top U.S. border official says Biden administration pushing him out - reports
▼ + stars: | 2022-11-11 | by ( Ted Hesson | ) www.reuters.com time to read: +1 min

WASHINGTON, Nov 11 (Reuters) - A top U.S. border official said on Friday he had been asked to resign or be fired, a sign of tensions within U.S. President Joe Biden's administration over a record number of migrant crossings at the U.S.-Mexico border. Magnus said he would not resign and defended his commitment to the agency, according to the reports. The White House, the U.S. Department of Homeland Security, and CBP did not respond to requests for comment. The number of migrant arrests at the U.S.-Mexico border has soared to record highs under Biden, a Democrat who took office in 2021, fueling attacks by Republicans who say his policies are too lenient. Magnus, 62, was confirmed in December as commissioner of the CBP, a 60,000-person agency that oversees border security, trade and travel.

☆ How Hurricane Sandy transformed the Jersey Shore into 'a playground for the rich'
▼ + stars: | 2022-11-09 | by ( Zoe Rosenberg | Dan Latu | ) www.businessinsider.com time to read: +17 min

Jersey Shore residents battled through a patchwork of programs to rebuild after Hurricane Sandy. Even 10 years after Hurricane Sandy, Barbara is still reminded daily of the mental and financial toll it took on her. Courtesy of BarbaraThe bureaucratic red tape around flood insurance and rebuild programs linked to Hurricane Sandy deepened the divide between the haves and have-nots of the Jersey Shore. Milliman, an actuarial company that works with FEMA's National Flood Insurance Program, found that about 47% of coastal dwellers had flood insurance, The Inquirer reported. "After Sandy, there was a lot more money coming in," Mery, who has built Jersey Shore homes for 15 years, told Insider.

☆ Worker complaints alleging anti-union shutdowns rise as organizing surges
▼ + stars: | 2022-11-04 | by ( Eli M. Rosenberg | Eli Rosenberg Is An Investigative Tech Reporter For Nbc News. | ) www.nbcnews.com time to read: +13 min

The company, G&D Integrated, had closed the factory, saying it had suddenly lost its decade-old contract with a Japanese company, workers said. Starbucks closed multiple stores this year following union activity. Trader Joe’s, for example, abruptly closed a wine shop in the center of New York City where workers had been organizing. Demonstrators protest outside a closed Starbucks in Seattle on July 16. More than 40 percent of the stores had union campaigns, according to data from Starbucks Workers United, the union that has been organizing the workers.

☆ Jury weighs whether Trump ally Barrack was a foreign agent and lied about it
▼ + stars: | 2022-11-02 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +3 min

[1/3] Tom Barrack watches jury selection in a courtroom sketch in New York City, U.S. September 19, 2022. Tom Barrack, a private equity executive and onetime fundraiser for former President Donald Trump is charged with acting as a foreign agent without notifying the U.S. government as required. Barrack, 75, is also accused of obstruction of justice and making false statements to FBI agents in 2019 about his interactions with Emirati officials and their representatives. Barrack testified in his own defense during the trial, telling jurors he never agreed to be a UAE agent. Sam Nitze, a prosecutor, countered in a rebuttal that Emirati officials were "thrilled" at Barrack's comments about the country and its leaders during television interviews.

Some sponsors are U.S.-based relatives of Venezuelans eager to flee political and economic turmoil back home. Diaz, a Venezuelan-American advocate who has lived in the United States for the past 25 years, got in touch with Venezuelans seeking sponsors via social media. Around 7,000 Venezuelans have been approved for the new program since the Oct. 18 launch, a source familiar with the matter told Reuters. U.S. sponsors do not need to be related to Venezuelans to support their applications, but they must have permission to reside in the United States. A week after the new program was announced and the Mexico return policy was enacted, U.S. authorities saw an 80% decrease in Venezuelan border encounters.

☆ Elon Musk idea to charge for Twitter verification draws critics
▼ + stars: | 2022-11-01 | by ( Eli M. Rosenberg | Eli Rosenberg Is An Investigative Tech Reporter For Nbc News. | ) www.nbcnews.com time to read: +8 min

Critics of Elon Musk’s Twitter takeover say any plan to charge users for identity verification could make information on the site less trustworthy and more vulnerable to manipulation — devaluing the company. The idea of a monthly fee for the blue verification checkmark by users' names was reported Sunday by Casey Newton’s tech-focused newsletter Platformer. Musk hasn't confirmed a charge will be added but on Sunday tweeted, “The whole verification process is being revamped right now,” on his own verified account. Jeff Jarvis, a prolific Twitter user and journalism professor who studies how information travels in the digital age, worries such a plan could backfire. “Twitter has had many, many people working on issues like user interface design and innovation, testing it with user groups, and people who specialize in working with VITs — very important Twitter users,” she said.

☆ Inflation is in its final stages and could soon roll over, causing bond yields to peak and stocks to stabilize, JPMorgan says
▼ + stars: | 2022-11-01 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The bank pointed to four stages of inflation, with prices surging in commodities, then goods, then services, then wages. Services prices and wages could soon fall, easing pressure on the central bank to hike rates and allowing stocks to stabilize. Combined with slowing growth, it could bring less pressure on the central bank to keep hiking rates, causing bond yields to peak and bring some relief to stocks. "As economic activity has weakened closer to contraction territory, bond yields are likely to be capped by the subdued levels of growth from here. If the view of bond yields peaking gains traction, this would go a long way in helping the equity market stabilize," analysts said.

☆ Fact Check-Connecticut electorate will not be voting to ‘unseal’ ballots
▼ + stars: | 2022-10-31 | by ( Reuters Fact Check | ) www.reuters.com time to read: +5 min

The Connecticut electorate will not be voting to “unseal” ballots during November’s midterm elections, or to loosen election security measures. It has nothing to do with ballots and only to do with election results. “To be clear, ballots aren’t affected at all here; this has nothing to do with the ballots. The electorate in Connecticut will vote on whether to permit early in-person voting in the state. If passed, the initiative would also remove an antiquated requirement that election results be sealed with wax, but it would not affect any election security measures pertaining to ballots as claimed online.

☆ Everything you want to know about Big Tech's disappointing earnings
▼ + stars: | 2022-10-31 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

For today's newsletter, I caught up with some finance pros over the weekend to get a sense of what we can learn from last week's earnings disappointments. Tech earnings were a huge disappointment and analysts don't see much relief on the horizon. "The common thread between the mega cap tech earnings reports this week is the companies' unwillingness to cut costs aggressively ahead of an economic slowdown, in spite of investor expectations," he said. What was your biggest takeaway from last week's Big Tech earnings? On the company's earnings call, its CFO said the surging dollar has cost Amazon more than $900 million more than expected.

☆ Here's why people who dislike Trump were allowed on the jury for the Trump Organization criminal trial
▼ + stars: | 2022-10-29 | by ( Ashley Collman | Laura Italiano | ) www.businessinsider.com time to read: +4 min

Three people who dislike Trump made it onto a jury deciding a criminal case involving his company. In fact, well over half of some 60 people polled as potential jurors this week said they had negative views of the former president. Potential jurors raise their hands during the jury seating process of the Trump Organization criminal tax-fraud trial on October 24, 2022. That's because juries are formed by slowly weeding out potential jurors that either side doesn't want on the jury, and the jury is formed with whoever is left. "You pick the right jury, you're going to win.

☆ Stocks crashed 50% in the 2008 crisis. Here's how bad Jamie Dimon, Nouriel Roubini, Michael Burry, and other top commentators see it getting in the next recession.
▼ + stars: | 2022-10-29 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +7 min

Here's how bad a the next downturn could hit the stock market, according to five top experts. The stock market cratered from 2008-2009, with the Dow Jones Industrial Average ending at a low of 6,594 in March 2009, down more than 50% from its peak before the recession. With warning signs piling up, here's what five experts have to say about the next recession and what's in store for the stock market. "This is just the beginning of that pain," Roubini said of a potential repeat of the 2008 recession. He's voiced concerns about financial stability, warning markets that the Fed could "break something" on the way to reducing inflation.

☆ Fake Spirit Halloween costumes meme parodies pop culture knockoffs
▼ + stars: | 2022-10-26 | by ( Morgan Sung | Morgan Sung Is A Trends Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +1 min

Spirit Halloween, the iconic costume and prop store, has inspired a slew of memes related to their costumes. Twitter users are now parodying knock-off costumes by adding various pop culture icons to Spirit Halloween packaging and slapping on an absurd (yet usually accurate) name. And the "Our Flag Means Death" version of the ruthless Captain Blackbeard was reduced to "Leather Clad Middle Aged Sad Sack." Spirit Halloween has not yet publicly addressed its widely memed costumes. In a response to a request for comment, a spokesperson for the store said, "Stay tuned to our Twitter and Instagram accounts this evening."

☆ Kanye West anti-Jewish posts lead Adidas to cut ties way too late
▼ + stars: | 2022-10-26 | by ( Josh Levs | ) www.nbcnews.com time to read: +7 min

After weeks of inaction, Adidas on Tuesday finally dropped its partnership with the proud antisemite Ye, aka rapper Kanye West. But the delay fuels the antisemitic narrative by suggesting Adidas took this step reluctantly and only under pressure. As a company with its own Nazi history, Adidas had every reason to know the dangers of letting antisemitism grow and fester. As a company with its own Nazi history, Adidas had every reason to know the dangers of letting antisemitism grow and fester. It’s a fact that should make Adidas the first business to act against antisemitism on its watch.

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