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☆ Live updates: Pro-Palestinian university protests at UCLA, USC, Michigan campuses
▼ + stars: | 2024-05-06 | by ( Elizabeth Wolfe | ) edition.cnn.com time to read: +2 min

Pro-Palestinian protesters gather at the campus of George Washington University on May 3. Susan Walsh/APGeorge Washington University President Ellen Granberg said the pro-Palestinian protest encampment that has occupied part of the university's campus for more than a week "has grown into what can only be classified as an illegal and potentially dangerous occupation of GW property." “All of these things have happened at GW in the last five days.”She said the encampment is in violation of multiple university policies and is occupying the space reserved for law students' final exams. The university also believes the protest involved people not affiliated with the school, she said. CNN has reached out to MPD for more details.

Persons: Susan Walsh, Ellen Granberg, Granberg, ”, Muriel Bowser, ” Granberg Organizations: George Washington University, AP George Washington University, Police, GW, DC Metropolitan Police Department, Washington Post, DC’s Metropolitan Police Department, DC, CNN Locations: Gaza, DC’s

☆ U.S. automakers like GM are rapidly losing ground in China, once an engine for growth
▼ + stars: | 2024-05-06 | by ( Michael Wayland | ) www.cnbc.com time to read: +13 min

China was once a profit engine for GM, and its top sales market from 2010 to 2023. GM revealed several vehicles last week in China, including plug-in hybrid versions of its Buick GL8 minivan, a best-seller in China, and the Chevrolet Equinox crossover. "We think clearly that market has shifted and the landscape has shifted … with the capability of the Chinese [automakers]," Barra said. But it has had to aggressively cut prices to compete against Chinese automakers such ay BYD, Nio and others. Stellantis CEO Carlos Tavares earlier this year called Chinese automakers his company's "No.

Persons: Mary Barra, Jeff Kowalsky, we're, Barra, Paul Jacobson, GM wasn't, John Murphy, Michael Dunne, Dunne, Mark Fulthorpe, They'll, they've, Tesla, lockdowns, Elon Musk, Tingshu Wang, Reuters Tesla, Morgan Stanley, Adam Jonas, Musk, Junheng Li, Stellantis, Carlos Tavares, Zhu Jiangming, We've, We're, Ford, John Lawler, Lawler Organizations: General Motors Co, Bloomberg, Getty, General, GM, U.S, Chevrolet, SAIC, GM Pan, Asia Automotive Technology Center, Nurphoto, PSA Groupe, Chrysler, EVs, GM's, Buick, Wuling Motors, Motors, Bank of America Securities, China, Hummer, Durant Guild, America's, Detroit, P Global Mobility, Ford Motor, Tesla, Reuters, EV, Baidu, Warren Capital, Ford, Guangzhou Automobile Group, India & Asia, Lincoln, Lincoln Nautilus Locations: Detroit , Michigan, China, Barra, Beijing, Asia, Shanghai, Russia, India, Thailand, Australia, North America, South Korea, Brazil, Europe, GM's U.S, Qingdao, East China's Shandong, Indonesia, U.S, Nio, Greater China, South America

☆ Experimental gene therapy restores some vision in patients with inherited blindness
▼ + stars: | 2024-05-06 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +16 min

“Now, post-surgery and post recovery, I am able to see in dimmer lighting with my left eye,” Cook said. A treatment that used CRISPR was found to be safe and efficacious in improving vision among a small sample of patients with inherited blindness in the Phase 1/2 clinical trial that Cook participated in. Months following the treatment, Cook was sitting with friends on a balcony that had Christmas lights wrapped around the railing. Courtesy Olivia CookBefore the treatment, Cook said that she sometimes could conceal the vision challenges she has had. Mass Eye and EarKalberer described the CRISPR treatment as “groundbreaking,” but warned it’s not a cure.

Persons: Olivia Cook, Cook, ”, ” Cook, “, I’ve, “ I’d, you’d, CRISPR, Eric Pierce, Brigham, “ We’re, ” Pierce, Jason Comander, ‘, Michael Kalberer, Kalberer, it’s, “ It’s, It’s, Pierce, Editas, We’re, Art Caplan, ” Caplan, —, Vlad Diaconita, ” Diaconita, Dr, Sanjay Gupta, Aliaa Abdelhakim Organizations: CNN, Missouri State University, New England, of Medicine, Mass, Harvard Medical School, Editas Medicine, Perelman School of Medicine, University of Pennsylvania, University of Michigan, University of Miami, Oregon Health & Science University, US Food and Drug Administration, CEP290, pharma, NYU Grossman School, Medicine’s Department of Population Health, Columbia University Vagelos College of Physicians and Surgeons, CNN Health Locations: Springfield, United States, CEP290

☆ Markets aren't prepared for the price swings that could follow a too-close-to-call election, Goldman says
▼ + stars: | 2024-05-06 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The stock market hasn't been pricing in sizable volatility risk with the 2024 Presidential election only months away, Goldman says. That uncertainty could stir up price swings that investors aren't currently prepared for, according to the firm. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe upcoming Presidential election poses a big risk for the stock market if the winner is not decisive and the results are drawn out, according to Goldman Sachs. It's not a matter of who wins the election that matters, but rather when they win the election that matters most, Goldman Sachs said.

Persons: Goldman, doesn't, aren't, —, Goldman Sachs, Joe Biden, Donald Trump, Biden, David Kostin, it's, It's Organizations: Service, Trump, Wall Locations: Arizona , Michigan, Pennsylvania

☆ Opinion | Trump Is Rallying in New Jersey and Boasting of New States. Is It a PsyOp?
▼ + stars: | 2024-05-06 | by ( Katherine Miller | ) www.nytimes.com time to read: +1 min

Toward the end of Maggie and Shane’s article, they report that Trump campaign officials told donors that the 2024 race has only three swing states: Wisconsin, Pennsylvania and Michigan. But Trump campaign officials also showed donors an “expanded reality” map that included Minnesota and Virginia, neither of which has received much attention this year. First, maybe they’ve polled and really see something in those states; the electoral map can change, as when Democrats won Georgia in 2020. Second, sometimes campaigns will spend money in less apparently competitive states primarily to require opponents to divert resources from a more competitive state. As time has gone on, though, voter enthusiasm for that social conservatism seems to have waned, as Jamelle Bouie has argued.

Persons: Maggie, it’s, Glenn Youngkin, Trump, Bouie Organizations: Trump, Democrats, Georgia Locations: Wisconsin, Pennsylvania, Michigan, Minnesota, Virginia

☆ Live updates: University protests at Columbia, Michigan, UCLA amid Israel's war in Gaza
▼ + stars: | 2024-05-05 | by ( Dalia Faheid | Liz Enochs | ) edition.cnn.com time to read: +1 min

Michael Longfellow played a talk show host who welcomed parents played by Heidi Gardner, Mikey Day and Kenan Thompson. Longfellow remarked that it’s been a worrisome time on university campuses throughout the country, and sought comment from his guests. While Gardner and Day’s characters expressed concerns about their children’s activities in the protests against Israel’s war against Hamas, Thompson said he was supportive of the efforts. At Columbia University on Tuesday, dozens of protesters entered the university’s Hamilton Hall and barricaded themselves inside before the institution asked for the New York City Police Department’s assistance. A total of 282 people were arrested at the pro-Palestinian protests at Columbia as well as The City College of New York, according to the NYPD.

Persons: Kenan Thompson, ”, Michael Longfellow, Heidi Gardner, Mikey Day, Longfellow, it’s, Gardner, Thompson, “, Alexis Vanessa Roberts, Hamilton, Read Organizations: NBC, New York City, Hamas, Columbia University, Hamilton Hall, New York City Police, Columbia, City College of New, NYPD Locations: New, ”, Columbia, City College of New York

☆ We are 6 months from the 2024 presidential election. Here's where things stand.
▼ + stars: | 2024-05-05 | by ( John L. Dorman | ) www.businessinsider.com time to read: +7 min

Read previewWith six months until Election Day, the race between President Joe Biden and former President Donald Trump is already in high gear. In March, Biden and Trump clinched enough delegates to secure the Democratic and GOP presidential nominations, respectively, ahead of their party conventions. AP Photo/David YeazellIn 2020, Biden won the election by winning core Democratic states and every major swing state except for North Carolina, which he lost by one percentage point. AdvertisementA win in North Carolina could also give Biden breathing room as he faces challenges in other swing states. Many of these voters backed Biden in 2020 but say their support of the president is not guaranteed in November.

Persons: —, Joe Biden, Donald Trump, Biden, Trump, Ron DeSantis, Nikki Haley, Robert F, Kennedy Jr, RealClearPolling, David Yeazell, He's, It's, Barack Obama, Haley, Roe, Wade, Gash, Kamala Harris, Harris Organizations: Service, Trump, Democratic, Florida Gov, Business, Trump —, Biden, Harvard, NPR, Marist, AP, The Washington Post, Arizona, Republicans, Arizona —, GOP, Israel, Columbia University, Ivy League, Michigan Locations: Manhattan, — Arizona, Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, Wilmington , North Carolina, North Carolina, Michigan , Nevada, Pennsylvania, Arizona, Gaza, Israel, New York

☆ Pro-Palestinian protesters at USC comply with school order to leave their encampment
▼ + stars: | 2024-05-05 | by ( ) www.cnbc.com time to read: +3 min

Protesters left a pro-Palestinian encampment at the University of Southern California early Sunday after they were surrounded by police and told they could face arrest if they didn't go. The atmosphere on the private university campus had largely remained calm since, while attention turned to arrests at the University of California, Los Angeles. Administrators later canceled the entire main-stage commencement planned for May 10, when 65,000 people were expected to gather to celebrate graduates. Access to the private campus has largely been restricted for people not affiliated with the university since late April. Early Friday, several dozen counter-protesters had set up outside the encampment, playing scenes from the Oct. 7 Hamas attack in Israel on a screen, Annenberg Media reported.

Organizations: University of Southern, Hamas, Protesters, Los Angeles, Los Angeles Police Department, USC, LAPD, University of California, University of Virginia, University of Michigan, Annenberg Media Locations: Gaza, University of Southern California, Israel, Palestinian, Los Angeles

☆ This is 2024’s new political normal six months from the election
▼ + stars: | 2024-05-05 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

It’s just another normal week in American politics as unpredictable forces rock both parties and augur a tense run to an election — now six months less one day away — that could fundamentally change the nation. Prosecutors argue he attempted a cover-up to mislead voters in 2016 in an early act of election interference. She also said that Trump felt it was better to deal with the story after the election than beforehand. Last week, in an interview with the Milwaukee Journal Sentinel, Trump refused to guarantee he’d accept the result of the next election. “We have to understand that this is a defining moment for this generation, similar to anti-Vietnam protests, anti-apartheid protests, anti-Iraq War protests,” he said.

Persons: Donald Trump, Joe Biden’s, Mike Johnson, Marjorie Taylor Greene, It’s, —, Trump, Story Daniels, Hope Hicks, Hicks, Michael Cohen, Daniels, Emil Bove, Cohen, Trump’s, Biden, James Singer, “ Trump, ” Singer, Benjamin Netanyahu, Mitch Landrieu, Sen, Bernie Sanders, Lyndon Johnson, Landrieu, Democratic Sen, John Fetterman of, ”, Ro Khanna, “, ” Johnson, Johnson, Greene, don’t, Kevin McCarthy Organizations: CNN, Trump, Republican, Georgia Rep, Prosecutors, White House, Nazi Secret Police, Milwaukee Journal Sentinel, Israel, Republicans, Union, Biden campaign’s, Independent, Democratic, CBS, Hamas, GOP Locations: Gestapo, New York, Gaza, Manhattan, Trump, “ State, Vietnam, John Fetterman of Pennsylvania, Michigan, California, Iraq, America, Ukraine, Louisiana

☆ Trump hush-money porn star trial: Here's what's happened so far
▼ + stars: | 2024-05-05 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +6 min

Former US President Donald Trump attends his trial for allegedly covering up hush money payments linked to extramarital affairs, at Manhattan Criminal Court in New York City, on May 2, 2024. The historic hush-money trial, which still has another three to five weeks to go, marks the first-ever criminal trial of an ex-U.S. president. Fined $9,000 for contempt of courtFormer US President Donald Trump sits in the courtroom at Manhattan criminal court in New York, US, on Friday, May 3, 2024. Prosecutors dig inRepublican presidential candidate and former U.S. President Donald Trump shouts during a campaign event in Freeland, Michigan, U.S. May 1, 2024. Pecker, who said that he purchased the story in order to bury it, said that Trump never reimbursed the company.

Persons: Donald Trump, Doug Mills, He's, he's, Juan Merchan, Trump, Merchan, Attorney Alvin Bragg, Joe Biden, —, doesn't, Trump's protestation, Chris Conroy, Brendan Mcdermid, Michael Cohen, Stormy Daniels, Daniels, David Pecker, Pecker, Donald Trump's, Timothy A, Clary, Cohen, Karen McDougal, Rhona Graff, McDougal, Gary Farro, Keith Davidson, Davidson, Hope Hicks, Alex Wong Organizations: Manhattan Criminal, Afp, Getty, Manhattan Supreme, Reuters, Attorney, Trump, Truth Social, Republican, National Enquirer, American Media, White House, Capitol Locations: New York City, Manhattan, Wisconsin, Michigan, New York, Waukesha , Wisconsin, Freeland , Michigan, U.S, Republic, Washington , DC

☆ The AI boom reminds this expert of the dot-com bubble — with one dangerous difference
▼ + stars: | 2024-05-05 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Read previewThe AI boom resembles the dot-com bubble — but there's one big difference that makes this craze far more dangerous, says one expert. "Many dot-com companies that drove the internet change went broke doing it. Many AI companies driving as big a change will go broke or lose half their value." "The giant AI pioneers won't go broke, but if AI losses drive their stock prices down, lots of investors will suffer," Gordon said. He's previously drawn a line between the dot-com bubble and the tech-stock boom.

Persons: —, Erik Gordon, Gordon, He's Organizations: Service, Business, University of Michigan's Ross School of Business, Nvidia, Microsoft, Big Tech

☆ Dozens arrested in weekend of protests on U.S. campuses
▼ + stars: | 2024-05-05 | by ( ) www.cnbc.com time to read: +3 min

Police on Saturday arrested at least 25 pro-Palestinian protesters and cleared an encampment at the University of Virginia, the university said in a statement, as U.S. campuses braced for more turmoil during graduation celebrations. "Peaceful protests like this have taken place at U-M commencement ceremonies for decades," Mastony said in a statement. Contrasting views over Israel's war in Gaza have erupted, sometimes violently, across U.S. campuses over the last couple of weeks. Many of the schools, including Columbia University in New York City, have called in police to quell the protests. Police have so far arrested over 2,000 protesters at colleges around the country.

Persons: Joe Biden, Jim Ryan, Ann Arbor, Colleen Mastony, Mastony, Israel Organizations: University of Virginia, The University of Virginia, Art Institute of Chicago, Chicago Police, Palestinian, University of Michigan, Michigan, Columbia University, Police Locations: Charlottesville, Gaza, Israel, Ann, U.S, New York City

☆ Fact check: Another week, another round of false Trump claims about his trial
▼ + stars: | 2024-05-05 | by ( Daniel Dale | ) edition.cnn.com time to read: +10 min

Washington CNN —Former President Donald Trump continues to make false claims about his New York trial. Here’s a fact check of four false claims and one misleading claim he made about the trial in his courthouse comments last week. Judge Juan Merchan’s gag order, which narrowly restricts his out-of-court speech, does not in any way stop him from testifying. The gag order also does not broadly prevent Trump from talking. Trump’s campaign scheduleTrump continued Friday to complain that the New York trial is preventing him from being on the campaign trail.

Persons: Donald Trump, Trump, –, “ I’m, who’s, ”, he’s, I’m, Judge Juan Merchan’s, Joe Biden, Merchan, Rather, Attorney Alvin Bragg, Bragg, it’s, “, ’ Trump, ’ ” Trump, ’, you’re, ” Trump, ” Merchan, Defendant, Biden, It’s, Matthew Colangelo, Colangelo, CNN’s Kristen Holmes Organizations: Washington CNN, New, Trump, Manhattan, Attorney, “, Republican, Miami, Prix, Georgia, Biden, Justice Department Locations: New York, Manhattan, Michigan, York, Fulton County , Georgia, Washington , DC, Florida, Georgia, Ohio, Wisconsin, North Carolina, Bedminster , New Jersey, York’s

☆ Welcome to ‘the Tepid Twenties’? The US economy’s strength won’t be enough to boost global growth
▼ + stars: | 2024-05-05 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

Invigorating growth is critical: When the economy expands, it improves standards of living, promotes innovation and makes households wealthier. Economic growth in Spain and France was stronger than expected last year. But the US is outperforming mainly for one key reason: Robust productivity growth. Productivity growth came in well below expectations in the first three months of the year, according to Labor Department data released last week. A “course correction” isn’t an even stronger US economy: Economic policymakers around the world need to address a range of key issues.

Persons: ” Kristalina Georgieva, ” Georgieva, ” Stephen Gallagher, Gallagher, “, ”, Hande Atay Alam, Recep Tayyip Erdogan, Israel Katz, John Williams, Neel Kashkari, Lisa Cook, Krispy Kreme, John’s, Austan Goolsbee Organizations: Washington CNN, Monetary, IMF, European Central Bank, Labor Department, Societe Generale, CNN, Reuters, Palantir Technologies, Tyson Foods, Marriott Worldwide, New York Fed, Disney, UBS, Duke Energy, Suncor, Bros, Minneapolis, Toyota, Uber, Anheuser, Busch InBev, Airbnb, Fox Corporation, News Corporation, Duolingo, Icahn Enterprises, New York Times Company, AMC Entertainment, Honda, Warner Bros Discovery, Warner Music Group, Hyatt, Hilton, Bank of England, US Labor Department, United Kingdom’s, National Statistics, University of Michigan, . Chicago Fed, China’s National Bureau of Statistics Locations: Europe, China, United States, Spain, France, Russia, Ukraine, Turkey, Israel, Gaza, Olesya, “ Turkey, Lyft, TripAdvisor

☆ Campaign Updates: At the R.N.C. donor retreat, Trump calls the Biden administration the ‘Gestapo.’
▼ + stars: | 2024-05-05 | by ( Maggie Haberman | Shane Goldmacher | ) www.nytimes.com time to read: +8 min

“You have to respect the office of the presidency,” Mr. Trump said. “When you are Democrat, you start off essentially at 40 percent because you have civil service, you have the unions and you have welfare,” Mr. Trump said on Saturday. director whom Mr. Trump fired amid an investigation into Mr. Trump and his campaign, was connected to the Blagojevich investigation. Mr. Trump also mocked the physical appearance of Jack Smith, the special counsel who has indicted him twice. At another point, Mr. Trump said that if anyone wanted to donate $1 million to the R.N.C.

Persons: Donald J, Trump, Biden’s, ” Mr, Trump baselessly, Biden, “, Mr, ”, William P, Barr, Michael Whatley, Mitt Romney, Hope Hicks, Rod Blagojevich, Blagojevich’s, James B, Blagojevich, Jack Smith, Smith, Mike Johnson, Roe, Wade, Trump’s, — Susie Wiles, Chris LaCivita, Tony Fabrizio — Organizations: Republican National Committee, The New York Times, Trump, Democratic, Mr, Sun Locations: New York, Florida, Palm Beach, Fla, Manhattan, Illinois, Minnesota, Virginia, Nevada , Arizona, Georgia, North Carolina, Pennsylvania, Michigan, Wisconsin

☆ What exactly goes into closing costs?
▼ + stars: | 2024-05-04 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

But there is an often-overlooked expense when buying a home: closing costs. At the same time, the Biden administration plans to take aim at so-called “junk fees” hidden in closing costs. New York, Delaware and Washington, DC, have the highest average closing costs, according to Bankrate; while Missouri, Indiana and North Dakota have the lowest. Lowering closing costs on your ownThere is one relatively simple way to lower your overall closing costs: shop around. “When you compare those offers, examine not just the rate itself but also the closing costs.

Persons: homebuyers, —, Biden, ” Jeff Ostrowski, , ” Ostrowski, you’re, homebuyers haven’t, Brian Connolly, it’s, “ It’s, ” Connolly, Connolly, ”, Freddie Mac, ” Genaro Villa Organizations: CNN, Consumer Financial, National Association of Realtors, realtors, University of Michigan, NAR, homebuyers Locations: New York , Delaware, Washington, Missouri, Indiana, North Dakota, Bankrate, AnnualCreditReport.com

☆ Insider Today: My home-renovation nightmare
▼ + stars: | 2024-05-04 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +5 min

This post originally appeared in the Insider Today newsletter. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On the agenda:But first: Get in, we're going to the Met Gala. An aerial shot shows Jared Leto on the red carpet at the 2023 Met Gala.

Persons: —, Jared Leto, Neilson Barnard, MG23, Anna Wintour, Bunny, Jennifer Lopez, Chris Hemsworth, Shou Zi Chew, I'm, Yulia Reznikov, everyone's, Morimoto, Chris Burnett, hasn't, they're, Tyler Le, Anne Hathaway's sizzling, Jerry Seinfeld Organizations: Business, Service, Disney, Victoria & Alberts, Metropolitan Museum, Art's Costume, Vogue, Costume Institute, Social, BI, HGTV, Netflix Locations: Epcot, Victoria, Scottsdale , Arizona, Scottsdale Scottsdale , Arizona, Scottsdale, Michigan

Joe Biden has tried to stake out a middle ground as protests spread across college campuses. Unlike other lawmakers of his generation, Biden largely stayed away from the Vietnam War protests that sparked upheaval on college campuses nationwide. Advertisement"I was in law school," Biden said of the Vietnam War protests, per The New York Times. Even among young voters, the trend remains the same. A Harvard Youth Poll of 18-to-29-year-olds nationwide found that the war was far less important to voters than inflation or healthcare.

Persons: Joe Biden, Biden, —, — it's, Joe Biden hasn't, haven't, That's, @eyokley, Cf5Ot4q2t4, CSeqbdsWtK, Jason I, McMann, Donald Trump, It's, Israel, Barack Obama, Trump Organizations: Service, Israel, Biden, Democratic, NBC, New York Times, Muslim, CBS, Harvard Locations: Gaza, Israel, Vietnam, Michigan

☆ Fact check: Trump makes false courthouse claims about bail and his campaign schedule
▼ + stars: | 2024-05-03 | by ( Daniel Dale | Kristen Holmes | ) edition.cnn.com time to read: +4 min

Washington CNN —Continuing his barrage of courthouse deception, former President Donald Trump made more false claims about his Manhattan trial on Friday. Trump’s false claim about bailTrump said: “New York City is a violent city; it’s become violent with the cashless bail. I’m the only one who has to put up bail.”Facts First: Trump’s claim is false. Trump’s assertion that New York City is “a violent city” is subjective. Trump’s false claim about his scheduleTrump continued Friday to complain that the New York trial is preventing him from being on the campaign trail.

Persons: Donald Trump, Trump, —, it’s, “ Organizations: Washington CNN —, “, New, Republican, Miami, Prix, Georgia, North Carolina, Trump Locations: York, Fulton County , Georgia, New York, Washington , DC, Florida, Georgia, Ohio, Wisconsin, Michigan, Manhattan, Bedminster , New Jersey

☆ Interest rates and the AI-fueled rally remain top of mind for stock investors in the week ahead
▼ + stars: | 2024-05-03 | by ( Alex Harring | ) www.cnbc.com time to read: +9 min

The Fed and economic policy were top of mind this week given the central bank's Wednesday decision to yet again leave interest rates unchanged , as it has since last summer. This week included the conclusion of April's trading month, which marked the first down month of the year for all three major market averages. Indeed, some recent earnings reports have raised doubts about the economy, with brands from McDonald's and Starbucks evidencing signs of strain among consumers. While no new inflation numbers are scheduled for release next week, investors will see reports on March wholesale inventories, March consumer credit and May consumer sentiment from the University of Michigan. AI trade Though interest rates took center stage this week, investors also continued monitoring companies tied to the artificial intelligence boom amid the stocks' recent choppiness.

Persons: they're, Jerome Powell, Larry Tentarelli, David Donabedian, Sam Stovall, There's, Stovall, Tom Hainlin, Tentarelli, CFRA's Stovall, Lyft, Cabot, Aramark, Tempur Sealy, Nikola, Walt Disney, Sally Beauty, Warby Parker, Krispy Kreme, Papa John's Organizations: Federal Reserve, Treasury, Nasdaq, Dow Jones, CIBC Private Wealth, Dow, CFRA, Citigroup, Bank of America, U.S, Bank Wealth Management, University of Michigan, Nvidia, Disney, Spirit Airlines, Tyson Foods, Pharmaceuticals, Lucid, Palantir Technologies, Simon Property, Tech, Lab, Goodyear Tire, Noble Corp, Vornado Realty, Coty, BellRing, Consumer, UBS, BP, Nintendo, Bloomin, Duke Energy, Rockwell Automation, Ferrari, NRG Energy, Electronic Arts, Cirrus, Adaptive Biotech, Arista Networks, Dutch Bros, Holdings, Virgin Galactic, IAC, Rivian Automotive, Brighthouse, Occidental Petroleum, Assurant, Kinross Gold, Labs, Diamond, Reddit, Anheuser, Busch InBev, Embraer, Health, United Parks & Resorts, Emerson Electric, Brookfield , New York Times, Food, Reynolds Consumer Products, Teva Pharma, Uber Technologies, Dine Brands, Liberty Broadband, Fox Corp, Cushman &, Liberty Media, Arm Holdings, Kodiak Gas Services, Solaredge Technologies, AMC Entertainment, Cheesecake, News Corp, Toyota Motors, Fair, US Foods, Hyatt Hotels, Warner Bros, Hilton, Warner Music Group, Unity Software, Insurance, Gen, Honda, AMC Networks Locations: Central, McDonald's, Expeditors, Occidental, Angi, Brookfield , New, Ambev, Cushman & Wakefield, Michigan

☆ Why many Americans still feel bad about the economy despite strong data
▼ + stars: | 2024-05-03 | by ( Jeff Huang | In Jefftchuang | ) www.cnbc.com time to read: +1 min

These are the kinds of questions used by the University of Michigan to calculate the Consumer Sentiment Index, an economic indicator measuring how people feel about the economy. That survey and others show there is a pervasive sense of disconnect between the overall economic picture and how people feel about the economy. Despite slowing inflation, a healthy labor market with record-low unemployment, and stocks that remain in a bull market, consumer sentiment remains below pre-pandemic levels. "People don't tend to think in terms of inflation—economists do," said Paul Donovan, chief economist at UBS Global Wealth Management. Normal people think in terms of price levels."

Persons: Joanne Hsu, Paul Donovan Organizations: University of Michigan, Consumers, UBS Global Wealth Management Locations: U.S

Much of Hicks’ testimony focused on her role on the Trump campaign in October 2016, just before Election Day. When cross-examining Hicks, Trump attorney Emil Bove elicited testimony that Trump was also concerned about what his wife would think. Video Ad Feedback Trump closed his eyes during Hope Hicks' testimony. There was a lot at play.”Hicks forwarded the email that included a transcript of the audio to several Trump campaign staffers including Kellyanne Conway. With Hicks’ testimony, prosecutors nudged closer to the repayment and the alleged charges.

Persons: Donald Trump’s, Hope Hicks, Hicks, Daniels, Michael Cohen, “, ”, Trump, Matthew Colangelo, ” Hicks, Karen McDougal’s, Emil Bove, Kellyanne Conway, chuckling, Steve Bannon, Conway, Jared Kushner, Jason Miller, McDougal, Cohen, nudged, –, Honig, CNN Hicks, Colangelo, Michael, ‘ Mr, ’ Michael Cohen Trump’s, Douglas Daus, Trump’s, Daus, DANY, Cohen ”, ” Daus, Prosecutors, Chris Conroy, Judge Juan Merchan, Manhattan DA Alvin Bragg, Daniel Dale, He’s, ” Merchan, ” Trump, Merchan Organizations: CNN, White House, Trump, Manhattan, Attorney’s Office, Trump White House, Trump Organization, Prosecutors, Wall Street, American Media, Inc, Wall, Washington Post, ” Prosecutors, House, New York Times, Trump “, Manhattan DA Locations: Washington, Manhattan, New York, Michigan

☆ Trump Trial Live Updates: Witness Who Extracted Secret Recordings to Return to the Stand
▼ + stars: | 2024-05-03 | by ( Matthew Haag | ) www.nytimes.com time to read: +5 min

Before the tape was revealed, Mr. Trump’s legal team aggressively attacked the credibility of Mr. Davidson during a cross-examination that quickly turned hostile. Frequently, Mr. Davidson would respond, “I don’t recall.”Mr. Bove confronted Mr. Davidson about his “fuzzy” memory and Mr. Davidson responded forcefully that his answers had been truthful. Image The jury heard a recording, made by Michael D. Cohen, Mr. Trump’s longtime fixer, during the 2016 campaign. That included one in which Mr. Trump and Mr. Cohen discussed a hush-money deal for Karen McDougal, a former Playboy model who was trying to sell a story about an affair with Mr. Trump. The potential witness list has several major names, including Ms. Daniels, Mr. Cohen and Hope Hicks, who is Mr. Trump’s former spokeswoman.

Persons: Keith Davidson, Stormy Daniels, Donald J, Juan M, Trump, Merchan, Daniels, Davidson, Michael D, Cohen, Mr, Emil Bove, ” Mr, Bove, ”, “, Trump’s, Maansi Srivastava, Davidson’s, Justice Merchan, Alvin L, Bragg, Todd Blanche, ” Trump, Blanche, Doug Mills, Biden’s, Biden, We’re, Douglas Daus, Karen McDougal, Hope Hicks Organizations: Trump, Prosecutors, Trump White House, New York, ., White, Playboy Locations: Manhattan, Michigan, Wisconsin

☆ Where Protesters on U.S. Campuses Have Been Arrested or Detained
▼ + stars: | 2024-05-02 | by ( The New York Times | ) www.nytimes.com time to read: +2 min

Campuses Have Been Arrested or DetainedPolice officers and university administrators have clashed with pro-Palestinian protesters on a growing number of college campuses in recent weeks, arresting students, removing encampments and threatening academic consequences. More than 2,300 people have been arrested or detained on campuses across the country. Tenn. Texas Utah Vt. Va. Wash. W.Va. Wis. Wyo. Tenn. Texas Utah Vt. Va. Wash. W.Va. Wis. Wyo. Since then, tensions between protesters, universities and the police have risen, prompting law enforcement to take action in some of America’s largest cities.

Persons: Columbia Dartmouth Emerson Emory F.S.U, Conn ., South Carolina U.S.F ., Madison U.S.C, Austin U.T, Dallas V.C.U, Yale P.S.U, Iowa Kan Organizations: Protesters, Police, Cal Poly Humboldt Case, Columbia Dartmouth, Fordham Indiana Univ . New, State Northeastern Northern Ariz ., State Northeastern Northern Ariz . Univ . Ohio State Princeton Stony, State Northeastern Northern Ariz . Univ . Ohio State Princeton Stony Brook New Paltz Tulane U.C.L.A, Buffalo Univ, Arizona Univ, Conn . Univ, Minnesota U.N.H, New Mexico Notre Dame Univ, South Carolina U.S.F, Tennessee Univ, Utah U.W, Virginia Tech, Yale, Pitt Univ, Virginia Art, Hawaii Idaho Ill, N.D . Ohio Okla, Columbia University Locations: U.S, N.Y.C . N.C, State Northeastern Northern, State Northeastern Northern Ariz . Univ, State Northeastern Northern Ariz . Univ . Ohio State Princeton Stony Brook, Hill, Arizona, Colorado, Conn, Florida, Georgia, Illinois U.M.W, Minnesota, New Mexico, South Carolina, Tennessee, Utah, U.T, Virginia, Michigan, Chicago Ala . Alaska, Calif, Colo, Del, Fla . Ga, Hawaii Idaho, Ind, Iowa, Ky, La . Maine Md, Mass, Mich, Minn, Miss, Mo, Mont, Neb, N.H . N.J, N.M, N.Y, N.C, N.D . Ohio, N.D . Ohio Okla ., Pa, S.D . Tenn . Texas Utah, Va, Wash, W.Va . Wis, Wyo, A.S.U, Gaza, America’s

☆ A Trump SEC would aim to reverse climate disclosure rule, ratchet up ESG fights, sources say
▼ + stars: | 2024-05-02 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

An initial target of the SEC under a second Trump administration would be to roll back the new climate disclosure rules, these people explained. Gensler and the SEC adopted a rule in March requiring large publicly traded companies to disclose their levels of greenhouse gas emissions. Gensler argues greenhouse gas emission levels and other climate related data have a material impact on businesses, and investors deserve to know this information. But an SEC chaired by a Trump appointed Republican would likely remove these Biden-era disclosure requirements, these people said. The prospect of a Trump pullback on the SEC's climate disclosure rules is also tied to the former president's dislike of environmental, social and governance investment standards, some of these people explained.

Persons: Donald Trump, Gary Gensler, Trump, Joe Biden, Gensler, Biden Organizations: The Securities, Exchange Commission, SEC, Trump, Republican, CNBC Locations: Freeland , Michigan, U.S

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