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☆ Judges keep failing to disclose their trips and gifts. Don't expect it to stop anytime soon.
▼ + stars: | 2024-09-18 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

"Federal judges are gods, and they can get away with anything," Rahmani said. More than 30 conservative federal justices, members of Scalia's family, and several fellow members of the conservative Federalist Society also attended, ProPublica reported. Earlier this summer, President Joe Biden called on Congress to implement term limits and an enforceable code of ethics for Supreme Court justices. AdvertisementThe nine Supreme Court justices did agree to a code of conduct last year, modeling their new guidelines after the rules that govern federal judges. California Rep. Adam Schiff introduced a bill earlier this year that would expand penalties for federal judges who violate ethics rules.

Persons: —, Aileen Cannon, ProPublica, Cannon, Judge Cannon, America's, Clarence Thomas, Harlan Crow, Samuel Alito, Rahmani, Antonin Scalia, Impeaching, Scott Lemieux, John J, SCOTUS, Joe Biden, Rahamni, Adam Schiff, Lemieux Organizations: Service, Trump, Business, Southern, Southern District of, Supreme, Law and Economics, George Mason University, Federalist Society, University of Washington, Los Angeles litigator Locations: Southern District, Southern District of Florida, Bali, Los Angeles, California

☆ Meet Africa's richest man, a billionaire who doesn't own a home outside Nigeria
▼ + stars: | 2024-09-18 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

Aliko Dangote, 67, is the richest person in Africa with an estimated net worth of $11.7 billion. He founded the Dangote Group, a cement manufacturer with a presence in 10 African countries. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAliko Dangote, 67, first appeared on Forbes' billionaires list in 2008, and he has been ranked Africa's richest person every year since. Dangote earned his billionaire status as the founder of the Dangote Group, Africa's largest cement producer with branches in 10 African countries.

Persons: Aliko Dangote, Bill Gates, —, Aliko, Dangote Organizations: Dangote, Service, Forbes, Business Locations: Africa, Nigeria

☆ The Federal Reserve just cut interest rates by a half point. Here's what that means for your wallet
▼ + stars: | 2024-09-18 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

"Interest rates took the elevator going up, but they'll be taking the stairs coming down," he said. That makes paying down high-cost credit card debt a top priority since "interest rates won't fall fast enough to bail you out of a tight situation," McBride said. "Many Americans have been holding off on making vehicle purchases in the hopes that prices and interest rates would come down, or that incentives would make a return," Caldwell said. Student loansFederal student loan rates are also fixed, so most borrowers won't be immediately affected by a rate cut. Eventually, borrowers with existing variable-rate private student loans may be able to refinance into a less expensive fixed-rate loan, he said.

Persons: Spencer Platt, APRs, McBride, they'll, Jacob Channel, Jessica Caldwell, Edmunds, Caldwell, Mark Kantrowitz Organizations: Getty, Treasury, Auto, Fed Locations: New York City, Edmunds

Gavin Newsom signed two bills Tuesday aimed at protecting actors and other performers from unauthorized use of their digital likenesses. A lot of dreamers come to California, but sometimes they’re not well-represented,” Newsom said in a video shared on social media Tuesday. The union has strongly advocated for the new laws, along with other protections for actors and other performers surrounding AI. In July, Hollywood video game performers voted to strike over continual AI concerns. “But AI is about to explode, and in a way that we have no idea what the consequences are.”

Persons: Gavin Newsom, Newsom, ” Newsom, we’re, Fran Drescher, Drescher, ”, ’, Drake, Tupac Shakur’s, —, AFTRA, Tom Hanks, Scarlett Johansson, Mark Ruffalo, ” Ruffalo Organizations: SAG, Hollywood Locations: California, Silicon

The vote was 51-44, falling short of the 60 needed to break a filibuster, with Republican Sens. Lisa Murkowski of Alaska and Susan Collins of Maine again voting with Democrats in favor of the bill. Senate Minority Whip John Thune, R-S.D., dismissed it as “another show vote” and vowed that “Republicans support IVF, full stop.”“This is not an attempt to make law. She predicted that Democrats would “lift the filibuster” to get around the 60-vote requirement, which would require 50 senators to vote to change the rules. Katie Britt, R-Ala., and Ted Cruz, R-Texas, that would cut off Medicaid funding for states if they prohibit IVF.

Persons: Kamala Harris, Chuck Schumer, Donald Trump, Harris, Republican Sens, Lisa Murkowski, Susan Collins of, Doug Mills, New York Times Harris, Donald Trump’s, ” Trump, John Thune, ”, ” Thune, ” Sen, Tammy Duckworth, Duckworth, ” Duckworth, Sen, JD Vance, Schumer, Trump, Vance, ” Vance, Taylor Van Kirk, Sens, Katie Britt, Ted Cruz Organizations: WASHINGTON, Republican, New York Times, Democratic, ABC, Congress, Alabama, NBC News, Republicans Locations: Alaska, Susan Collins of Maine, Philadelphia, Alabama, R, Ohio, Texas

But a series of data points showing worsening economic conditions has made some analysts believe a 0.5% cut is more likely — and perhaps even necessary. “We do not seek or welcome further cooling in labor market conditions,” Fed Chair Jay Powell said in a speech last month. “A (0.5%) cut is usually done in emergencies,” like the Covid-19 pandemic, said Mark Zandi, chief economist at Moody’s financial group. Mortgage interest rates have hit their lowest level since February 2023, while auto loan rates are also falling. A 0.5% cut would more directly affect rates tied to the fed funds rate, including credit cards, home equity lines of credit and small-business loans.

Persons: Steve Liesman, Jay Powell, Bill Dudley, ” Dudley, Preston Mui, Mui, ”, “, Mark Zandi, Greg McBride, ” McBride Organizations: Federal, CNBC, Wall, Minneapolis Federal Reserve, Federal Reserve Bank of New, Bloomberg News, Fed, Bankrate Locations: Minneapolis, Federal Reserve Bank of New York, America

At the beginning of her decades-long career in broadcast journalism, a network executive told Connie Chung that she’d never make it in the industry. In her 40 years as a journalist, Chung anchored for almost every major network. Instead of shrinking away from it, Chung chose to develop an “armor.”“I decided I’d be a guy,” she said. Chung also reflected on the impact she had on the Asian American community, shedding light on the time she got to meet a group of women who were named after her. Some of the women, born in the U.S. to immigrant parents or immigrants themselves, were given the name “Connie” because Chung was the only recognizable Chinese American face on TV.

Persons: Connie Chung, she’d, ” Chung, “ Connie, Chung, Magic Johnson, Donald Trump, Bill Clinton, ’, ”, “, Maury Povich, Maury, Jenna, Connie ” Organizations: American, Hoda, CBS Locations: Madison, U.S, “

WASHINGTON — Speaker Mike Johnson said the House will vote Wednesday on a six-month stopgap funding bill linked to legislation requiring proof of citizenship to register to vote — the same package he abruptly pulled off the floor last week amid growing GOP opposition. Johnson, a Louisiana Republican, spent the weekend calling members and trying to flip GOP defections to the yes column. "Mr. Speaker Johnson, you know as well as everyone else that your plan is a no-go as currently written. A six-month CR with poison pills is not going to fly in a narrowly divided government," Schumer said. "If the hard right thinks that we will willingly give them leverage to ram Project 2025 down the American people's throats early next year by agreeing to a six-month CR, they are dreaming," he added.

Persons: WASHINGTON, Mike Johnson, Johnson, Donald Trump, Joe Biden, ” Johnson, “, ”, he'll, I'm, Chuck Schumer, Schumer Organizations: Louisiana Republican, ’, Democratic, “ Locations: Louisiana

☆ Putin orders Russian army to expand to become the world's second largest
▼ + stars: | 2024-09-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

The Kremlin said Tuesday that an order by President Vladimir Putin to transform Russia’s army into the second largest in the world was needed to address growing threats on Russia’s western borders and instability to the east. Putin on Monday ordered the regular size of the Russian army to be increased by 180,000 troops to 1.5 million active servicemen in a move that would make it the second largest in the world after China’s. “This is due to the number of threats that exist to our country along the perimeter of our borders,” Kremlin spokesman Dmitry Peskov told reporters on a conference call. Putin since 2022 had previously ordered two official increases in the number of combat troops — by 137,000 and 170,000 respectively. Dara Massicot, an expert in the Russian military at the Carnegie Endowment for International Peace think tank, questioned whether Moscow was ready to foot the bill for the increase in active servicemen.

Persons: Vladimir Putin, Putin, Dmitry Peskov, Andrei Kartapolov, —, Dara Massicot, ” Massicot, Massicot, ” Organizations: Monday, International Institute for Strategic Studies, NATO, Carnegie Endowment, International Peace Locations: ”, Russia, United States, India, China, Ukraine, Russia’s Kursk, Finland, Japan, U.S, Moscow

☆ Secret Service chief says agency needs change and Sean 'Diddy' Combs arrested: Morning Rundown
▼ + stars: | 2024-09-17 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +8 min

Secret Service chief makes remarkable admission after apparent threat to Trump’s lifeThe U.S. Secret Service needs a "paradigm shift," the agency's acting director said a day after an apparent attempt on Donald Trump's life, the second in two months. Now, Congress is considering boosting Secret Service funding. Read more about what lawmakers had to say about Secret Service funding. The Secret Service has dramatically increased Trump’s security since the July 13 shooting, including more people and more technology. Sean ‘Diddy’ Combs arrested in New YorkSean "Diddy" Combs.

Persons: Donald Trump, Sean “ Diddy ” Combs, Donald Trump's, Ronald Rowe, Ryan Wesley Routh, Routh, Trump, “, Rowe, Read, Sen, JD Vance, Elon Musk, ”, Joe Biden, Kamala Harris, Sean ‘ Diddy ’ Combs, New York Sean, Diddy, Combs, Angela Weiss, Damian Williams, Marc Agnifilo, Andy Jassy, Jassy, Jeff Bezos, Harris, Sandy Hook, Sandy, Melissa Chan, Elizabeth Robinson Organizations: Secret Service, Trump, Service, U.S, Getty, National Hurricane Center, Carolina, National Weather Service, National Association of Black Journalists, Elementary, NBC, Adidas, Target Locations: East, Carolina, U.S, Florida, Routh’s, Iran, New York, North Carolina, Virginia, West Virginia, Maryland, Pennsylvania, Delaware , New Jersey, Southport, Michigan, Wisconsin

WASHINGTON — Congress is considering boosting funding for the Secret Service after what the FBI called an apparent second attempt on former President Donald Trump’s life in 10 weeks. "Nobody's going to want to deny the Secret Service the funding that it needs as long as it justifies it." And Sen. Tim Kaine of Virginia, the 2016 Democratic vice presidential nominee, agreed that both parties would be "very amenable" to any Secret Service funding request. Trump's Secret Service detail on Sunday thwarted what the FBI characterized as a second apparent assassination attempt on him while he was golfing at his club in West Palm Beach, Florida. “One thing I want to make clear, the Secret Service needs more help.

Persons: Donald Trump’s, they’re, protectees, Chuck Schumer, ” Sen, Susan Collins, Ron Rowe, Trump, Collins, Sen, Tommy Tuberville, Mike Johnson, Johnson, Ron Johnson, “ That’s, ”, Jack Reed, Tim Kaine, Ryan Wesley Routh, Routh, Joe Biden, God ”, Biden, Lindsey Graham, Graham, Richard Blumenthal, Conn, he’s, “ We’re Organizations: WASHINGTON, Service, FBI, Republican, Committee, Fox News, Trump, Homeland Security Committee, Secret, Homeland Security, Senate Armed Services, NBC News, Democratic, AK Locations: WASHINGTON —, Maine, Virginia, West Palm Beach , Florida

☆ Trump has said he supports IVF. Now, Democrats want him to prove it.
▼ + stars: | 2024-09-17 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

Read previewWith less than 50 days until the election, Senate Democrats are putting Republicans — and Trump — in the hot seat on IVF. On Tuesday, Senate Democrats are bringing the Right to IVF Act to a second vote, just 3 months after Republicans in the chamber first shot it down. They want to pressure Trump to stand by his promise to support IVF and urge his Republican colleagues to vote in favor. "If Donald Trump and Republicans want to protect people's right to access IVF, they can vote yes on it," Illinois Sen. Tammy Duckworth, who sponsored the legislation, told CBS News. Trump jumped in to voice his support of the procedure, and by May, two GOP senators were introducing a package to protect IVF access, though Democrats rejected it, arguing it didn't go far enough.

Persons: —, Trump, Chuck Schumer, Trump's, Kamala Harris, Ohio Sen, JD Vance, Donald Trump, Illinois Sen, Tammy Duckworth, they've, didn't, Schumer Organizations: Service, Republicans —, Trump, Business, CBS News, NBC News, Republican Party, Republicans, Democrats, Alabama Locations: Illinois

☆ Your inherited individual retirement account could trigger a 'tax bomb,' advisor says. How to avoid it
▼ + stars: | 2024-09-17 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

If you've inherited a pretax individual retirement account since 2020, you could face a sizable tax bill without proper planning, experts say. Previously, heirs could take inherited IRA withdrawals over their lifetime, known as the "stretch IRA." The 10-year rule can mean higher yearly taxes for certain heirs, particularly for higher earners with bigger IRA balances. Shortening the 10-year withdrawal window can compound the issue, experts say. For example, Smith has seen people lose eligibility for the electric vehicle tax credit, worth up to $7,500, by taking a large inherited IRA withdrawal in a single year.

Persons: you've, Ben Smith, Smith Organizations: Financial, Finance, Vanguard Locations: Milwaukee

☆ Elizabeth Warren calls for emergency-like Fed rate cut ASAP
▼ + stars: | 2024-09-17 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN —The American economy appears to be just hours away from a major milestone: The first interest rate cut from the Federal Reserve since Covid. Yet there remains an unusual amount of drama over the magnitude of that rate cut, with some in Washington calling for a supersized move. Massachusetts Democratic Sen. Elizabeth Warren wants the Fed to slash interest rates at a pace rarely seen outside of a full-blown crisis. “It is clearly the time for the Fed to cut rates. For instance, in early 2008 the Fed slashed interest rates by three-quarters of a point or more on three occasions.

Persons: Massachusetts Democratic Sen, Elizabeth Warren, Jerome Powell, Warren, “, ” Warren, Sheldon Whitehouse, John Hickenlooper, Powell, Bill Dudley, “ dawdling, Dudley, ” Dudley, panicking, David Kelly, ” Kelly, ” Organizations: New, New York CNN, Federal Reserve, Massachusetts Democratic, Sens, Wall, Fed, Federal Reserve Bank of New, CNN, Democrats, Asset Management Locations: New York, Washington, Massachusetts, Federal Reserve Bank of New York

☆ The Archegos disaster isn't over yet for banks as the feds reportedly revive criminal antitrust probe
▼ + stars: | 2024-09-17 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Read previewFederal prosecutors are reexamining Wall Street banks that lost billions in the 2021 Archegos collapse, anonymous sources told Bloomberg. The revived probe follows just months after Archegos' founder Bill Hwang was convicted of fraud, racketeering, and market manipulation in July. AdvertisementHowever, this plot fell apart when the stocks fell in March 2021, sending Archegos's $150 billion in bets fell into freefall. After an agreement failed to materialize, banks such as Goldman Sachs and Morgan Stanley unleashed their shares onto the market. Sources told Bloomberg that the department has begun making inquiries, with special attention paid to the 2021 banks' emergency discussions.

Persons: —, Archegos, Bill Hwang, Hwang, Goldman Sachs, Morgan Stanley Organizations: Service, Bloomberg, US Department of Justice, Business, Credit Suisse, Nomura, UBS, DOJ Locations: freefall

☆ Trump, who signed SALT deduction cap into law, now vows to 'get SALT back'
▼ + stars: | 2024-09-17 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Republican presidential nominee and former U.S. President Donald Trump attends a press conference at Trump National Golf Club, in Rancho Palos Verdes, U.S., September 13, 2024. Recent polls of the state mostly show Trump down by double digits against Democratic presidential nominee Kamala Harris. Asked for clarification on Trump's social media post, and specifically whether he is vowing to end the SALT cap he signed into law, the Republican's campaign did not provide a direct answer. The SALT cap and other tax provisions of the 2017 tax law are set to expire at the end of 2025. The nonpartisan Committee for a Responsible Federal Budget argues that repealing the SALT cap "would be costly, distortionary, and regressive."

Persons: Donald Trump, Kamala Harris, Trump, Karoline Leavitt, Harris Organizations: Trump National Golf Club, Trump, Republican, New, New York voters, Democratic, TRUMP, CNBC, Budget Locations: Rancho Palos Verdes , U.S, New York, Connecticut

☆ Lawmakers are 'demeaning their role' by trying to influence the Fed, House finance chair says
▼ + stars: | 2024-09-17 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Rep. Patrick McHenry, R-N.C., sharply criticized other politicians on Tuesday for making public comments about what the Federal Reserve should do with its interest rate policy. McHenry, the outgoing chair of the House Financial Services Committee, said it was an '"outrage" that some politicians are publicly lobbying the central bank about rate cuts. "Senators that are trying to direct the Fed on rate policy are really demeaning their role. McHenry's comments came one day before the U.S. central bank is widely expected to start cutting interest rates for the first time since 2020. Coming in the middle of a presidential election cycle, the change in Fed policy has stirred speculation as to whether the central bank would be influenced by political considerations.

Persons: Patrick McHenry, Kevin McCarthy, McHenry, …, Jerome Powell, Joe Biden, Democratic Sens, Elizabeth Warren of, John Hickenlooper of, Sheldon Whitehouse, Warren, Whitehouse, Trump, Sen, Mike Lee, Trump's Organizations: Rep, U.S, Capitol, Federal, Financial Services, Senators, United, Trump, Democratic, Fed, Republicans, Georgetown University's Psaros, Financial Markets Locations: R, Washington, United States, U.S, Elizabeth Warren of Massachusetts, John Hickenlooper of Colorado, Rhode, Utah

☆ Georgian parliament approves law curbing LGBTQ rights
▼ + stars: | 2024-09-17 | by ( ) edition.cnn.com time to read: +3 min

Tbilisi, Georgia Reuters —Georgian lawmakers on Tuesday approved the third and final reading of a law on “family values and the protection of minors” that would impose sweeping curbs on LGBTQ rights. Leaders of the governing Georgian Dream party say it is needed to safeguard traditional moral standards in Georgia, whose deeply conservative Orthodox Church is highly influential. “This law is the most terrible thing to happen to the LGBTQ community in Georgia,” Jakeli, 28, told Reuters. But Georgian Dream and its allies have enough seats in parliament to override her veto. Foreign agentsThe issue has become more prominent ahead of October’s election, where Georgian Dream is seeking a fourth term in office and is campaigning heavily against LGBTQ rights.

Persons: Tamara Jakeli, ” Jakeli, “, Salome Zourabichvili, Bidzina Ivanishvili, Jakeli’s, Jakeli Organizations: Georgia Reuters, Pride, Church, European, Tbilisi Pride, Reuters, Georgian Locations: Tbilisi, Georgia, Georgian, Russia, Soviet Union

International credit scores generally do not transfer to credit scores in the U.S. Nova Credit allows immigrants from some countries to apply for credit with an international credit score. FICO VantageScore Payment history (35%) Payment history (40%) Credit balance (30%) Length & type of credit (21%) Length of credit history (15%) Percent of credit used (20%) New credit (10%) Total debt/balances (11%) Mix of credit accounts (10%) Recent credit behavior and inquiries (5%) Available credit (3%)Varying reporting standardsOther countries have credit-scoring systems that differ from the United States. Check for applying without a U.S. credit history — While filling out a credit card application, check a box with "apply without having a U.S. credit history." Along with exploring credit scores, credit reports, and how to build credit, Jennifer analyzes how current economic trends impact everyday people and offers her expert advice on budgeting, saving, and growing wealth in today’s economy.

Persons: Misha Esipov, Dun, Bradstreet, Equifax, TransUnion, you've, Jennifer, Read Organizations: Nova Credit, Popular, Nova Credit's, Nova, American Express, Business, Yahoo, Finance, CBS, MSNBC, CNBC, Forbes, Black Enterprise, USA, The Johns Hopkins University Carey School of Business, Business Journalists Locations: U.S, United States, America, Experian, Nova, Canada, Japan, Australia, Brazil, Dominican Republic, India, Kenya, Mexico, Nigeria, Philippines, South Korea, Spain, Switzerland, TheGrio, New York City

☆ White House in August asked Congress to enhance Secret Service funding through election
▼ + stars: | 2024-09-17 | by ( Kayla Tausche | ) edition.cnn.com time to read: +3 min

In prior years, the administration has bundled these requests with supplemental funding for disaster relief, Covid-19 and military aid for Ukraine, which made them more politically unpalatable on Capitol Hill. The language proposed by the Biden administration for enhanced Secret Service funding through the 2024 election has appeared in at least one Republican-sponsored funding bill, lending credence to the belief that such an effort would see bipartisan support on the Hill. In a radio interview that aired Tuesday, President Joe Biden reiterated his belief that the Secret Service needs more personnel to handle an elevated threat environment for political candidates. “One of the things is we need more resources,” Biden said. “We need more agents, we need more protection, we need to expand the availability of help.”Biden described the climate as “up across the board,” describing how increased security had changed his style of campaigning.

Persons: Washington CNN —, Biden, Donald Trump, Joe Biden, ” Biden, “, ” Organizations: Washington CNN, US, Service, Management, CNN, Department of Homeland Security, Republican Locations: Butler , Pennsylvania, Ukraine

☆ Trade Tracker: Bill Baruch sells Oracle and buys Owens Corning
▼ + stars: | 2024-09-17 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Bill Baruch sells Oracle and buys Owens CorningBill Baruch, founder and president Blue Line Capital, joins CNBC’s “Halftime Report” to explain his latest portfolio moves.

Persons: Bill Baruch, Owens, Owens Corning Bill Baruch Organizations: Oracle, Owens Corning, Blue Line

☆ The Murdoch family battle could have huge implications for the future of Fox News
▼ + stars: | 2024-09-17 | by ( Brian Stelter | ) edition.cnn.com time to read: +5 min

But at Fox News, they gossip about the Murdochs, the family who controls Fox’s parent company. What will happen after patriarch Rupert Murdoch dies? Could Lachlan’s younger brother James Murdoch force Fox to take a progressive bent? Rupert Murdoch, 93, is seeking to amend the family trust that he established decades ago, giving his four oldest children equal votes over the future of his conservative media empire after he dies. Under the current terms, Lachlan, James, Elisabeth and Prudence Murdoch each have equal voting rights after their father dies.

Persons: Rupert Murdoch, Lachlan, James Murdoch, Fox, Murdoch, James Murdoch’s, ”, James, Fox’s, Biden, Kamala Harris, James ”, Donald Trump, Rupert, Elisabeth, Prudence Murdoch, Maureen Dowd, Rupert “, ” James, Prudence, Bill Barr Organizations: New, New York CNN, Fox News, Fox, Fox Corp, HBO, CNN, The New York Times, News Corp, Wall Street Journal, New York, Liberal, Trump Locations: New York, Nevada, Reno , Nevada, Reno

☆ College football fans are already starting to foot the bill for their athletes getting paid
▼ + stars: | 2024-09-17 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +1 min

Some college football fans will soon be helping pay their favorite student-athletes. The University of Tennessee is adding 10% talent fee to 2025 football tickets to compensate athletes. Go to newsletter preferences Thanks for signing up! AdvertisementIn the new age of college football revenue sharing, the cost of paying student-athletes is already being passed off — at least in part — to fans. The University of Tennessee announced in an email to Tennessee Volunteers fans on Tuesday that, beginning with 2025 football season ticket renewals, all football tickets will include a 10% "talent fee" that will go toward paying players.

Persons: — Organizations: The University of Tennessee, Service, University of Tennessee, Tennessee Volunteers, Business

☆ Senate GOP blocks IVF bill again as Democrats spotlight issue ahead of elections
▼ + stars: | 2024-09-17 | by ( Clare Foran | Ted | ) edition.cnn.com time to read: +6 min

Senate Majority Leader Chuck Schumer on Monday pressed for Republicans to join Democrats in voting to advance the IVF bill. Democratic Sen. Ron Wyden of Oregon objected, and instead urged their colleagues to support Democrats’ bill during Tuesday’s vote. Another Senate GOP bill aimed at addressing concerns about IVF was introduced earlier this year. On Tuesday, Democratic Sen. Patty Murray blocked a uninamous consent request to pass Britt and Cruz’s IVF bill, ahead of the vote on the Democrats’ broader IVF package. “Our bill is the only bill that protects IVF access while safeguarding religious liberty,” Britt said.

Persons: Lisa Murkowski, Susan Collins, Donald Trump, Chuck Schumer, “ We’re, ” Schumer, “, John Thune, ”, Democratic Sen, Tammy Duckworth, Patty Murray, Cory Booker of, GOP Sen, Rick Scott, Ron Wyden, Kat Cammack, Katie Britt, Ted Cruz’s, Britt, Murray, Cruz, ” Britt, we’ve, ” CNN’s Aaron Pellish Organizations: Washington CNN —, Republicans, Democrat, GOP Sens, Republican, Democratic, Illinois, Alabama’s, GOP, Oregon, Democrats, Health Savings Locations: Washington, Cory Booker of New Jersey, Florida

☆ Bitcoin is surging on hopes rate cuts will drive a speculative rush
▼ + stars: | 2024-09-17 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

The rise comes amid anticipation that the Fed will deliver a half-point rate cut. Investors are anticipating the Federal Reserve's long-awaited rate cut tomorrow, which will be announced at the end of the central bank's two-day policy meeting. Regardless of the size of the cut, investors buying up bitcoin are anticipating the looser lending conditions will lead to more speculative behavior. We could be seeing a recovery of investors' appetite for risk-on assets like crypto, instigating more flows into Bitcoin spot ETFs," said Leena ElDeeb, a research analyst at 21Shares. Seasonal factors weakened the spot bitcoin ETF inflows this summer while deteriorating macro conditions drove investors toward safe, risk-off assets.

Persons: —, Morgan Stanley, Tuesday's, Leena ElDeeb, Alex Kuptsikevich, Bill Dudley Organizations: Service, New York

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