Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "White House"


25 mentions found


But economists cautioned that one month of encouraging data was far from enough to set those worries to rest. Both overall and core prices rose 0.3 percent from the previous month, down from 0.4 percent in February and March. The encouraging inflation report on Wednesday is unlikely to change those expectations. The report is also likely to be met with relief at the White House after what has been a rough recent run of inflation data for President Biden. Gasoline prices rose a seasonally adjusted 2.8 percent in April from March.
Persons: , , Stephen Stanley, there’s, Sarah House, Biden, Jerome H, Powell, we’re, Blerina Uruci, Rowe Price, Jeanna Smialek, Jim Tankersley Organizations: Labor Department, Federal Reserve, Santander, White, Federal Reserve Bank of New, Fed Locations: Wells Fargo, Amsterdam, Federal Reserve Bank of New York
Opinion: A Russian weapon could wipe out US space edge
  + stars: | 2024-05-15 | by ( Clayton Swope | ) edition.cnn.com   time to read: +7 min
Here, the NanoRacks-Remove Debris satellite is deployed from the International Space Station in 2018. Before revelations about Russia’s development of a nuclear anti-satellite weapon, there had been indications of global recognition that the use of certain space weapons was bad for everyone. The proposed defense budget for 2025 does not reflect the scale and urgency of the need to counter space threats and protect space systems. Learning how to operate satellites in a space environment clogged with debris or increased radiation caused by a space weapon is also important. We need a two-pronged effort to prepare for the worst: Double down on efforts to protect and maintain access to space in a hostile space environment and consider how to operate without space.
Persons: Clayton Swope, Mike Turner, Estonia’s, , Vassily Nebenzia, Frank Herbert’s Organizations: Aerospace Security, International Security, Center for Strategic, International Studies, CIA, CNN, Clayton, Clayton Swope Center, Strategic, United, US, Intelligence, Ohio Republican, International Space Station, NASA, GPS, Finnair, United Nations, UN, Twitter Locations: Washington , DC, Russian, United States, Russia, Ohio, Vietnam, Guadalcanal, Iwo Jima, Tartu, China, Moscow
MSNBC placed a big bet on becoming comfort TV for liberals. Time slots on the cable network once devoted to news programming are now occupied by Trump-bashing opinion hosts. On Super Tuesday, when producers aired a portion of a live speech by former President Donald J. Trump, Rachel Maddow chastised her bosses on the air. But MSNBC’s success has had unintended consequences for its parent company, NBC, an original Big Three broadcaster that still strives to appeal to a mass American audience. Local NBC stations between the coasts have demanded, again and again, that executives in New York do more to preserve NBC’s nonpartisan brand, lest MSNBC’s blue-state bent alienate their red-state viewers.
Persons: Biden’s, Jen Psaki, Donald J, Trump, Rachel Maddow Organizations: MSNBC, Trump, White, CNN, Fox News, NBC, Local NBC Locations: New York
New York CNN —Some progressives have frequently blamed corporate greed for fueling the high cost of living that Americans are fed up with. That’s corporate greed. That’s corporate greed. Although the paper did not directly mention corporate greed, shrinkflation or Biden, the research undercuts the argument that greedflation drove the early inflation. That report found corporate profits were to blame for 34% of inflation since the start of Covid-19.
Persons: Sen, Elizabeth Warren, ” Warren, “ That’s, It’s, , , Joe Biden, ” Biden, CNN’s Erin Burnett, Biden, – we’re, shrinkflation, greedflation, Jeremy Edwards, ” Edwards, , , Greg Valliere, ” Valliere, Jerome Powell, Caroline Ciccone, profiteer Organizations: New, New York CNN, Federal Reserve Bank of San Francisco, Fed, SF Fed, , CNN, White, AGF Investments, Federal Reserve, Federal, Federal Reserve Bank of Kansas City Locations: New York, America, Kansas
That's because the amount of money that's converted is subject to ordinary income tax – which can be as high as 37%. Even for those who are taxed at a lower rate, a sufficiently large conversion might bump them into a higher tax bracket. Long-term capital gains taxes have three tiers, depending on an investor's income: 0%, 15% and 20%. In a higher tax environment, "tax loss harvesting will become more important, and doing it in a performance-neutral way," said Jerrod Pearce, a certified financial planner and partner at Creative Planning in Overland Park, Kansas. Don't sell highly appreciated assets to generate cash if you're donating to charity.
Persons: Warren Buffett, Berkshire Hathaway, Buffett, Trump, Tim Steffen, Baird, Roth, Steffen, that's, Jerrod Pearce Organizations: Creative Planning, Mutual Locations: Berkshire, Washington, Overland Park , Kansas
The Biden administration has told key lawmakers it is sending a new package of more than $1 billion in arms and ammunition to Israel, three congressional aides said Tuesday. It's the first arms shipment to Israel to be announced by the administration since it put another arms transfer — consisting of 3,500 bombs — on hold this month. The package being sent includes about $700 million for tank ammunition, $500 million in tactical vehicles and $60 million in mortar rounds, the congressional aides said. They spoke on condition of anonymity to discuss an arms transfer that has not yet been made public. House Republicans were planning this week to advance a bill to mandate the delivery of offensive weaponry for Israel.
Persons: Joe Biden, Walter E, Biden, It's, Israel's, Joe Biden's Organizations: Pacific American Institute for Congressional, Washington Convention Center, Street Journal, House Republicans Locations: Washington, Israel, Gaza, Rafah, U.S
Read previewThe US plans to send more than $1 billion in arms and ammunition to Israel despite growing tensions between President Joe Biden and Israel's Prime Minister Benjamin Netanyahu. Getting the weapons to Israel could be a lengthy process. AdvertisementBiden later warned he would withhold additional weaponry if Israel went ahead with a widespread ground assault on the city. Seth Binder, an expert on US weapons sales with the Middle East Democracy Center, told the Journal that Biden's apparent U-turn weakens his influence over Netanyahu. Analysts say that Biden's handling of the Gaza war is among the issues corroding his support among them.
Persons: , Joe Biden, Benjamin Netanyahu, Biden, Israel, Nathan Howard, Netanyahu —, Seth Binder, Netanyahu, Sen, Chris Van Hollen, BRENDAN SMIALOWSKI, he's, Dave Harden Organizations: Service, Israel's, Officials, Street Journal, Business, CNN, White, Getty, Middle East Democracy Center, Washington Post, Pentagon, Israel, Gaza, US Agency for International Development, West Bank, BBC Locations: Israel, Gaza, Rafah, Washington , DC, Iran, Lebanon, Damascus, Syria
AMC Entertainment , GameStop — AMC and GameStop shares posted fell in early morning trading as momentum fizzled from the meme stock craze , which was reignited Monday by a social media reappearance from "Roaring Kitty." GameStop shares slid 6%. Boeing — The airplane manufacturer's shares slid 1.1% after the Justice Department said Boeing violated a 2021 settlement related to its two fatal 737 Max crashes, exposing the company to potential U.S. prosecution. SunPower — The solar stock dropped 22.3%, giving back some of its 59% surge from the prior session. On Wednesday, however, Wolfe Research downgraded the stock underperform from peer perform, noting SunPower the "most extreme example of the meme stock resurgence" within clean technology names.
Persons: Lien, Max, Nio, Dell, Morgan Stanley, Wolfe, , Alex Harring, Fred Imbert, Jesse Pound Organizations: AMC Entertainment, GameStop, AMC, Boeing, Justice Department, JPMorgan, White House, Wolfe Research Locations: China
President Donald Trump and Democratic presidential candidate Joe Biden during the final presidential debate at Belmont University in Nashville, Tennessee, on Oct. 22. President Joe Biden on Wednesday challenged former Donald Trump to two head-to-head debates before the November election, with several special conditions. Both proposed showdowns would be held without the involvement of the non-partisan commission that typically organizes presidential debates. "Just tell me when, I'll be there," wrote Trump. " During the 2020 debates, Biden and Trump regularly broke out into shouting matches as they each tried to get a word in edgewise.
Persons: Donald Trump, Joe Biden, Biden, Trump, Donald, Jen O'Malley Dillon, O'Malley Dillon, Trump's, Robert Kennedy Jr, doesn't Organizations: Democratic, Belmont University, Wednesday, Republican, CNN, Republican National Convention, Democratic National Convention, White, New York Times, American People Locations: Nashville , Tennessee, Democratic, York, Pennsylvania, Michigan, Wisconsin, United States
The Biden administration is increasingly concerned that President Vladimir V. Putin of Russia is gathering enough momentum to change the trajectory of the war in Ukraine. Credit... Nanna Heitmann for The New York Times
Persons: Biden, Vladimir V, Putin, Nanna Heitmann Organizations: The New York Locations: Russia, Ukraine
Rafael Grossi slipped into Moscow a few weeks ago to meet quietly with the man most Westerners never engage with these days: President Vladimir V. Putin of Russia. Mr. Grossi is the director general of the International Atomic Energy Agency, the United Nations’ nuclear watchdog, and his purpose was to warn Mr. Putin about the dangers of moving too fast to restart the Zaporizhzhia nuclear power plant, which has been occupied by Russian troops since soon after the invasion of Ukraine in 2022. But as the two men talked, the conversation veered off into Mr. Putin’s declarations that he was open to a negotiated settlement to the war in Ukraine — but only if President Volodymyr Zelensky was prepared to give up nearly 20 percent of his country. A few weeks later, Mr. Grossi, an Argentine with a taste for Italian suits, was in Tehran, this time talking to the country’s foreign minister and the head of its civilian nuclear program. At a moment when senior Iranian officials are hinting that new confrontations with Israel may lead them to build a bomb, the Iranians signaled that they, too, were open to a negotiation — suspecting, just as Mr. Putin did, that Mr. Grossi would soon be reporting details of his conversation to the White House.
Persons: Rafael Grossi, Vladimir V, Putin, Grossi, Mr, Volodymyr Zelensky Organizations: International Atomic Energy Agency, United Nations Locations: Moscow, Russia, Ukraine, Argentine, Tehran, Israel
Win Mcnamee | Getty ImagesDETROIT – President Joe Biden's plan to quadruple tariffs on China-made electric vehicles is unlikely to stave off the threat of more Chinese cars and trucks on U.S. roadways. Automotive and trade experts say the increased tariffs are a near-term protectionism act that may delay, but won't stop, Chinese automakers from coming to the U.S. with EVs. The EV tariffs, including other increases regarding battery materials, were among new tariff rates on $18 billion worth of Chinese imports. The quality and build of vehicles by Chinese automakers have gotten significantly better in recent years, as the Chinese government has subsidized their operations to grow domestic production. GM and others have found it hard to compete against budget and mainstream Chinese vehicles, including EVs.
Persons: Joe Biden, Win Mcnamee, Joe Biden's, It's, Dan Hearsch, Stellantis —, Warren Buffett, BYD, Morgan Stanley, Tim Hsiao, Lincoln Organizations: White, Getty, DETROIT, Communist, U.S . Automotive, Motors, U.S, — GM, Ford Motor, Chrysler, Warren, EV, Wall Street, China Association of Automobile Manufacturers, U.S . Vehicles, Lincoln Nautilus, Volvo, Biden Administration Locations: Rose, Washington , DC, China, Mexico, Americas, U.S
A movement to rein in online pornography is rapidly intensifying, fueled by conservative outrage and growing unease over the accessibility of sexual content online, especially for children. Pornography is mentioned on the first page; banning pornography and locking up those who produce it are proposed on Page 5. He was an occasional guest at Hugh Hefner’s famed Playboy Mansion and made cameos in soft-core pornographic films produced by the company – though not in any scenes depicting sexual content or nudity. ‘Sex is the canary in the coal mine’The Supreme Court has deemed previous attempts to curb online pornography unconstitutional on First Amendment grounds. They were designed to protect adults from accessing adult content, which, of course, is their stated aim.
Persons: Donald Trump’s, Trump, , , Terry Schilling, Hugh Hefner’s, Stormy Daniels, Karen McDougal –, McDougal, Daniels, Kevin Roberts, ” Roberts, ” Roberts hasn’t, Ben Carson, Charlie Kirk, Chris LaCivita, Susie Wiles, President Trump, LaCivita, Wiles, Mike Stabile, ” Pornhub, , Robert Winterton, Pornhub, Solomon Friedman, It’s, ” Schilling, Paul Dans, Stabile, ” Stabile, Schilling, “ It’s, Stuart Brotman, Brotman –, Playboy’s Hefner –, Roberts, ” Brotman, Ben Bull, ” Bull Organizations: CNN, Trump, Heritage Foundation, Playboy, Heritage, Housing, Urban, Free Speech Coalition, US, Apple, Google, Facebook, , National Center, Media, Ethical Capital Partners, Republicans, US Department of Justice, University of Tennessee, GOP Locations: Manhattan, Washington, DC, Lake Tahoe, Texas, – Virginia, Montana , North Carolina , Arkansas , Utah , Mississippi, Louisiana, California, Knoxville
It’s a very different matter in Europe — by far the biggest export market for Chinese EV manufacturers. EU tariffs could backfireAccording to Citi, the EU accounted for 36% of Chinese EV exports last year, more than the next five largest markets combined. By contrast, the United States currently receives just 1.1% of China’s EV exports. For BYD, China’s biggest EV maker, the tariffs would likely have to be even higher to be effective, they add. “I’d say we are entering a very tense period in terms of trade interactions and trade defense,” she added.
Persons: Joe Biden, “ I’m, ” Biden, Joseph Webster, Agatha Kratz, Kratz, That’s, Oliver Zipse, , Tu Le, , Josh Lipsky, Juliana Liu Organizations: London CNN, United, EV, European Union, Atlantic Council, EU, CNN, Citi, Capital Economics, BMW Locations: China, America, Europe, United States, It’s, Brussels, “ Brussels, Beijing, subsidization, EU, States, Italy, Hong Kong
Read previewUkrainian parliamentary officials are pushing the Biden administration to remove restrictions on Kyiv striking targets in Russian territory with its arsenal of US weapons, Politico reported. Ukraine knew for weeks that Russia was massing troops at the border, with intelligence officials saying in early May that Moscow was gathering some 50,000 to 70,000 personnel there. Speaking to Politico, Ustinova said the Russians had become "smart now because they know there is a restriction for Ukrainians to shoot at the Russian territory." Ukraine has been attacking targets beyond the border — more recently on Russia's oil facilities — but only with its own drones. The policy has been criticized as a means of effectively shielding Russia from significant Ukrainian counterattack.
Persons: , Biden, David Arakhamia, Oleksandra Ustinova, Ustinova, it's, isn't Organizations: Service, Politico, Business, Ukraine, Kharkiv, NATO, Kremlin, US Locations: Washington, Russia, Kharkiv, Ukraine, Moscow, Russian, Mariupol, Vovchansk, West
Hong Kong CNN —Russian President Vladimir Putin has arrived in Beijing for the start of a two-day state visit underlining close alignment with Chinese leader Xi Jinping as Russian troops advance in Ukraine. Ahead of the trip, Putin hailed the “unprecedented level of strategic partnership” between the countries in an interview with Chinese state media Xinhua. The two leaders – who declared a “no limits” partnership weeks before the February 2022 invasion – have continued to strengthen their countries’ diplomatic, trade and security ties since Russia’s invasion of Ukraine. Xi hosts Putin in Beijing as the Chinese leader comes under under mounting pressure from the US and Europe to ensure exports from China aren’t propping up Russia’s war effort. This is the fourth in-person meeting between Xi and Putin – known for their personal chemistry – since the invasion and Putin’s second visit to Beijing in that time.
Persons: Vladimir Putin, Xi Jinping, Putin, Volodymyr Zelensky, Russia’s, China’s, , Xi Organizations: Hong Kong CNN, West, Wednesday, Xinhua, , Trade, China aren’t, Kremlin Locations: Hong Kong, Beijing, Ukraine, Kharkiv, Gaza, ” Beijing, United States, Europe, China, Moscow, Harbin, China’s, Heilongjiang, Russia’s
In About-Face, Wall Street’s Big Donors Warm to Trump
  + stars: | 2024-05-15 | by ( Rob Copeland | ) www.nytimes.com   time to read: +1 min
When President Donald J. Trump left office, some of Wall Street’s biggest names, who had taken to him during his first term in the White House, swore they were moving on from him for good. They were fatigued by his leadership style, disappointed by some of his policies and shocked by the U.S. Capitol riot. With Mr. Trump leading in the polls, big financiers on Wall Street, in Silicon Valley and elsewhere are edging into his corner, according to interviews with more than a dozen people who sought anonymity because they didn’t want their personal views to be tied to their employers. In other cases, the willingness to support a return of Mr. Trump reflects a growing dissatisfaction with what many big Wall Street donors see as the White House’s hardening stance against Israel in its war on Gaza. A prominent example of the about-face is Kenneth Griffin, a hedge fund magnate and political megadonor who publicly derided Mr. Trump as a “three-time loser” less than two years ago.
Persons: Donald J, Trump, didn’t, , Biden, Kenneth Griffin, megadonor Organizations: U.S, Capitol, Israel, Citadel Locations: Wall, Silicon Valley, Gaza
A damaged United Nations vehicle is seen in front of a hospital after a UN employee was killed in an attack on a vehicle in Gaza, according to Israeli media. The White House believes an Israeli ground offensive in Rafah would be a mistake and is “urgently” working toward a ceasefire, National Security Adviser Jake Sullivan said Monday. The Biden administration is urging Israel to connect their military operations to a “clear” end game for the war, Sullivan told reporters. Hamas treated in Turkey: Turkish President Recep Tayyip Erdogan said that "more than 1,000 Hamas members are currently under treatment" in Turkish hospitals. Aid ransacked: Israeli activists opposed to helping Palestinians in Gaza intercepted and ransacked an aid shipment.
Persons: Ali Jadallah, Jake Sullivan, Biden, Sullivan, Recep Tayyip Erdogan Organizations: United Nations, UN, Getty, Israel, American, CNN, National, State Department, Hamas, enclave's Health Ministry, West Bank, Palestinian Authority . United Nations Locations: Gaza, Anadolu, Gaza's, Rafah, Israel, Palestinian, Turkey, Turkish, Jordan
President Biden will announce on Tuesday that he is raising tariffs on an array of Chinese imports, including electric vehicles, solar cells, semiconductors and advanced batteries, in what he calls an effort to protect strategic American industries from a new wave of competitors that are unfairly subsidized by Beijing. The president will also officially endorse maintaining tariffs on more than $300 billion worth of Chinese goods that were put in place by President Donald J. Trump. Mr. Biden criticized those tariffs as taxes on American consumers during his 2020 run for the White House. Mr. Biden’s moves are the latest trade-war escalation from a president who initially pledged to repeal at least some of the Trump tariffs but now refuses to cede any ground to his rival in a tough-on-China appeal to swing voters in the industrial Midwest and beyond. They also reflect Mr. Biden’s efforts to build on Mr. Trump’s consensus-defying trade confrontation with China while focusing it on sectors of strategic importance to the United States, like clean energy and semiconductors.
Persons: Biden, Donald J, Trump, Biden’s Organizations: White Locations: Beijing, China, United States
Joseph R. Biden Jr. ran for the White House as a sharp critic of President Donald J. Trump’s crackdown on trade with China. In office, though, he has taken Mr. Trump’s trade war with Beijing and escalated it, albeit with a very different aim. Those tariffs were first imposed by Mr. Trump and have been maintained by President Biden. But Mr. Biden’s trade war differs from Mr. Trump’s in important ways. Mr. Trump was trying to bring back a broad swath of factory jobs outsourced to China.
Persons: Joseph R, Biden, Donald J, Trump, Trump’s Organizations: White, Mr Locations: China, Beijing
Blanche grilled Cohen — the prosecution's star witness in Trump's New York criminal hush-money trial — about the many times that Cohen insulted both Trump and himself on social media. Blanche said as he questioned Cohen about an April 23 TikTok Cohen made just days after the historic trial began. While questioning Cohen, Blanche then asked him about his referring to Trump as "a boorish cartoon misogynist." Michael Cohen, the ex-lawyer for former President Donald Trump, departs his home in Manhattan to testify in Trump's criminal hush-money trial. Prosecutors allege Trump illegally disguised records reimbursing Cohen for a $130,000 hush-money payment made to Daniels ahead of 2016 election.
Persons: , Donald Trump's, Todd Blanche, Michael Cohen, Blanche, Cohen, Trump, douchebag, TikTok Cohen, Cohen deadpanned, Donald Trump, Mike Segar Cohen's, Juan Merchan, Jvlebw8A1O, Jacob Shamsian ⚖️, Cohen's, Susan Hoffinger, Stormy Daniels, Daniels, reimbursing Cohen Organizations: Service, Business, REUTERS, MeidasTouch Network, Trump, White, Prosecutors Locations: Trump's New York, Manhattan, ., Tahoe
Hunter Biden, son of U.S. President Joe Biden, arrives at the White House December 19, 2023 in Washington, DC. Hunter Biden's federal gun case will go to trial next month, a judge said Tuesday, denying a bid by lawyers for the president's son to delay the prosecution. President Joe Biden's son is accused of lying about his drug use in October 2018 on a form to buy a gun that he kept for about 11 days. Hunter Biden was supposed to plead guilty last year to misdemeanor tax charges and would have avoided prosecution on the gun charges had he stayed out of trouble for two years. Hunter Biden was indicted on three gun firearms charges in Delaware and was charged separately in California, where he lives, with tax crimes.
Persons: Hunter Biden, Joe Biden, Biden, Hunter, Maryellen Noreika, Hunter Biden's, Joe Biden's, He's Organizations: U.S, District, Republicans, Democratic, Circuit, Prosecutors Locations: Washington , DC, Wilmington , Delaware, Delaware, California
Washington CNN —President Joe Biden is increasing tariffs on $18 billion in Chinese imports across a handful of sectors deemed strategic to national security – an attempt to cripple Beijing’s development of critical technologies and instead prioritize US production. The increases will apply to imported steel and aluminum, legacy semiconductors, electric vehicles, battery components, critical minerals, solar cells, cranes and medical products. That same trade law also requires the effectiveness of such tariff programs to be evaluated every four years, and the Biden administration decision is the result of that study. “China can’t be the only country that produces clean technology for the world we need,” a senior administration official said. The Chinese government, Biden argued, is providing state money to Chinese steel companies to make more steel than the economy demands, pushing down the price and making it impossible for other companies to compete.
Persons: Joe Biden, , , Lael Brainard, “ China’s, Donald Trump, Biden, Wang Wenbin, Trump, Janet Yellen, Antony Blinken, “ They’re, ” Biden, Sam Fossum Organizations: Washington CNN, White, National Economic Council, CNN, Biden, Trade Organization, Brookings Institute, United Steelworkers, Trump, China’s Ministry, Commerce Locations: China, Beijing, Europe, Brazil, Turkey, Pittsburgh, Midwest
Biden announces a 100% tariff on Chinese EVs
  + stars: | 2024-05-14 | by ( Tom Carter | ) www.businessinsider.com   time to read: +1 min
The White House has announced it will impose tariffs on $18 billion worth of Chinese goods. The new measures target Chinese EVs, with tariffs rising from 25% to 100%. It comes as fears grow that a wave of cheap Chinese EVs could upend the US market. AdvertisementJoe Biden has hiked tariffs on Chinese electric cars as he looks to protect the US auto industry from a wave of cheap Chinese EVs. The White House announced early Tuesday that it was imposing tariffs on $18 billion worth of Chinese goods, including a 100% tax on Chinese-made electric cars.
Persons: , Joe Biden Organizations: Service, White House, Business
Just 18 months ago, White House and Pentagon officials debated whether Russia’s forces in Ukraine might collapse and be pushed out of the country entirely. Now, after months of slow Russian ground advances and technological leaps in countering American-provided arms, the Biden administration is increasingly concerned that President Vladimir V. Putin is gathering enough momentum to change the trajectory of the war, and perhaps reverse his once-bleak prospects. In recent days, Moscow’s troops have opened a new push near the country’s second-biggest city, Kharkiv, forcing Ukraine to divert its already thinned-out troops to defend an area that it took back from Russian forces in a stunning victory in the fall of 2022. Artillery and drones provided by the United States and NATO have been taken out by Russian electronic warfare techniques, which came to the battlefield late but have proven surprisingly effective. And a monthslong debate in Washington about whether to send Ukraine a $61 billion package of arms and ammunition created an opening that Russia has clearly exploited, even though Congress ultimately passed the legislation.
Persons: Biden, Vladimir V, Putin Organizations: Pentagon, Artillery, NATO Locations: House, Ukraine, Kharkiv, United States, Washington, Russia
Total: 25