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☆ Opinion | Hillary Clinton: I’ve Debated Trump and Biden. Here’s What I’m Watching For.
▼ + stars: | 2024-06-25 | by ( Hillary Rodham Clinton | ) www.nytimes.com time to read: +1 min

I was thrilled when the show took home the awards for best original score and best book. Too often we approach pivotal moments like this week’s debate between President Biden and Donald Trump like drama critics. We’re picking a president, not “best actor.”I am the only person to have debated both men (Mr. Trump in 2016 and, in the 2008 Democratic presidential primary race, Senator Biden). I know the excruciating pressure of walking onto that stage and that it is nearly impossible to focus on substance when Mr. Trump is involved. It’s nearly impossible to identify what his arguments even are.

Persons: “, “ Hamilton, ”, Biden, Donald Trump, Trump, It’s Organizations: Democratic Locations: blather

☆ I'm an American who's lived in Paris for 15 years. Taking these 5 notes from the French has really improved my life.
▼ + stars: | 2024-06-25 | by ( Kasia Dietz | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Farm-to-table dining is a way of life in France, both in restaurants and at homeI shop at farmers markets regularly. Related storiesWith two farmers markets weekly per neighborhood in Paris, I also now think in terms of seasons when it comes to food. Kasia DietzOne of the most significant lifestyle changes I've made since moving to Paris is connected to sustainability. To further celebrate local design, I even lead custom fashion tours to introduce visitors to unique and ethically-minded Parisian brands.

Persons: —, Mais, I'm, Kasia Dietz, I'd, me, I've Organizations: Service, Paris ., EU, Business, New Yorker Locations: Paris, France, New York City, New York, Bordeaux, Burgundy, Candelaria, moonlighting, Western Europe, New

☆ China Prepares to Bring Rocks From Moon’s Far Side to Earth
▼ + stars: | 2024-06-25 | by ( Katrina Miller | ) www.nytimes.com time to read: 1 min

On Tuesday, a capsule carrying soil from the far side of the moon will parachute into the desert in China’s Inner Mongolia region. The sample, retrieved by the Chinese National Space Administration’s Chang’e-6 lander, is expected to be the latest accomplishment in a series of near-flawless executions of Chinese lunar exploration missions since 2007. Here’s what you need to know about the Chang’e-6 mission’s return to Earth. China’s space agency has yet to confirm when the mission will conclude. But according to NASA’s Goddard Space Flight Center, the Chang’e-6 sample return capsule is expected to land at 1:41 a.m. Eastern time, which is 1:41 p.m. local time in the Siziwang Banner area of Inner Mongolia, a region in northern China.

Persons: NASA’s Organizations: NASA’s Goddard Space Flight Locations: Mongolia, Siziwang, Inner Mongolia, China

☆ Wednesday could be a big day for AI chip stocks as their market-leading rally stalls
▼ + stars: | 2024-06-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

MU YTD mountain Micron shares this year Nvidia's seemingly limitless rally stalled in recent sessions as investors took a break from semiconductor stocks. While it isn't a given that CEO Jensen Huang shows up at Nvidia's meeting, any commentary could provide an impetus for the stocks. Meeks noted that recent comments from Huang about AI chips during a trip to Asia spurred a bounce in shares. Comments could boost sentiment and convince investors the chip behemoth has yet to reach peak revenue, he added. Meeks called the selloff in chip stocks overdone, viewing a long-term runway for the AI theme at a reasonable valuation.

Persons: You've, Paul Meeks, Jensen Huang, Meeks, Huang, Meeks —, Harlan Sur, Christopher Danely, I'm Organizations: Nvidia, Micron Technology, Portfolio Management, MU, Micron, Broadcom, Qualcomm, JPMorgan, Citi Locations: Asia

☆ A San Francisco home worth $1.8 million was just listed for $488,000—but the new owners can't move in until 2053
▼ + stars: | 2024-06-25 | by ( Celia Fernandez | ) www.cnbc.com time to read: +3 min

The three-bedroom property, built in 1924, listed earlier this month is worth $1.8 million but is currently priced at $488,000, according to The San Francisco Standard. The property will be sold as is, meaning the new owners will become the current tenants' new landlords. The San Francisco metro area is one of the most expensive place to live. To afford life in a big city like San Francisco, you'd have to make double what most Americans earn, according to a May Moody's Analytics analysis. The unusual sale is partly due to a family feud, according to The San Francisco Standard.

Persons: you'd, Sandra Lee, Cheryl Lee, Todd Lee, Sandra, didn't, Lee Organizations: San Francisco, San Francisco Standard, North, CNBC Locations: San Francisco's, San Francisco, Russia Hill

☆ Israel’s top court rules ultra-Orthodox Jews must be drafted into military, in blow to Netanyahu
▼ + stars: | 2024-06-25 | by ( Mick Krever | ) edition.cnn.com time to read: +2 min

Jerusalem CNN —Israel’s Supreme Court on Tuesday ordered the government to draft ultra-Orthodox Jews into the military, delivering a blow to Prime Minister Benjamin Netanyahu that has the potential to unravel his ruling coalition. Ultra-Orthodox Jews view religious study as fundamental to the preservation of Judaism, as important to Israel’s defense as the military. Netanyahu’s defense minister, Yoav Gallant, has publicly criticized Netanyahu’s attempt to exempt Haredi Jews. This is not the first time the Supreme Court has struck down the Haredi exemption. In 1998, the court told the government that allowing Haredim to get out of conscription violated equal protection principles.

Persons: Jerusalem CNN —, Benjamin Netanyahu, “, Shas –, Yoav Gallant, Netanyahu’s, Haredim, Knessets Organizations: Jerusalem CNN, Jerusalem CNN — Israel’s, Israel Democracy Institute Locations: Jerusalem, Israel’s

☆ Rivian and VW join up to design vehicle software
▼ + stars: | 2024-06-25 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +3 min

CNN —Rivian and Volkswagen Group are forming a joint venture to create vehicle software, the two companies announced Tuesday. The two automakers did not provide a name for the new joint venture company or name its leadership team. Rivian’s fundamental vehicle software design is expected to provide the basis for the new company’s software. The technologies designed by the company will include both the user-interface software that runs things like the entertainment system and gauges and deeper vehicle software that interacts with things like the vehicle’s motors. VW already has its own vehicle software subsidiary, Cariad, and that company will continue with its work, VW chief executive Oliver Blume said on a conference call.

Persons: CNN —, RJ Scaringe, that’s, ”, Scaringe, it’s, Oliver Blume, what’s, Blume, ” Scaringe Organizations: CNN, Volkswagen Group, VW, Volkswagen, Porsche’s, Porsche Locations: Georgia, Atlanta

☆ The US real estate market is headed for a correction, strategist says
▼ + stars: | 2024-06-25 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +1 min

The real estate market could soon see a major "leg down," according to strategist Chris Vermeulen. "People don't realize real estate is primed and ready for another major leg down," he said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAmerica's real estate market could be in for a big correction, according to veteran strategist Chris Vermeulen. The chief market strategist of The Technical Traders pointed to worrying signals flashing in the real estate sector as borrowing costs look poised to stay higher for longer.

Persons: Chris Vermeulen, — Organizations: Service, Business

☆ Ford steals market share, plus bank stress tests and Pool Corp's ripple effect
▼ + stars: | 2024-06-25 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

After three sessions of heavy rotation out of tech and AI winners and into other areas of the market, the market has shifted back to tech and momentum leaders. So when cracks are forming in other areas of the market, investors quickly return to where the growth is the strongest: tech. Stress tests: With the annual bank stress test results due out Wednesday after the bell, Jefferies took a look at how bank stocks have fared since 2021 immediately following the release. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. The new Ford F-150 truck goes through the assembly line at the Ford Dearborn Plant on April 11, 2024 in Dearborn, Michigan.

Persons: Jim Cramer, John Rainey, Cramer, Ford, Jefferies, Wells Fargo, General Mills, — Morgan Chittum, Jim Cramer's, Jim, Bill Pugliano Organizations: CNBC, Corp, Supply, Pool Corp, Walmart, Union Pacific, Micron, Nvidia, Federal Reserve, Jefferies, FedEx, United States Postal Service, Jim Cramer's Charitable, Ford, Ford Dearborn Plant, Getty Locations: London, Dearborn , Michigan

☆ Tesla is recalling the Cybertruck again, this time because a piece can fly off
▼ + stars: | 2024-06-25 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +2 min

CNN —Tesla has issued two recalls on the Cybertruck, its third and fourth, since the model was introduced late last year. An investigation by Tesla revealed that the piece had not been properly installed. Cybertruck owners will be asked to bring their trucks to a Tesla service center where the trim piece will either be replaced or installed properly with “adhesion promotor” and pressure sensitive tape. The trucks are also being recalled for a separate issue in the electric motor that powers the truck’s single huge windshield wiper. Tesla has previously recalled the Cybertruck for other issues.

Persons: CNN — Tesla, Tesla Organizations: CNN, Traffic

☆ How Venezuela’s Leader Could Stay in Power, No Matter What Voters Want
▼ + stars: | 2024-06-25 | by ( Julie Turkewitz | Anatoly Kurmanaev | ) www.nytimes.com time to read: 1 min

Venezuela’s authoritarian president, Nicolás Maduro, faces a watershed moment that will determine the fate of his rule and the course of his troubled country. On July 28, the leader of the nation that holds the world’s largest oil reserves — and yet has seen millions of residents flee amid a crushing economic crisis — will confront his toughest electoral challenge since taking office in 2013. Polls show that his main opponent, a low-key former diplomat named Edmundo González, is far ahead. Mr. González is backed by a fiery opposition leader, María Corina Machado, who has captivated voters as she crisscrosses the country, campaigning for him on a promise to re-establish democracy and reunite families separated by migration.

Persons: Nicolás, Edmundo González, González, María Corina Machado

☆ ‘Months to correct, if not years’: Car dealerships and customers feel the impact as CDK outage drags on
▼ + stars: | 2024-06-25 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +7 min

“The financial impact it will directly have on us will take months to correct, if not years,” Callahan said. Tom McParland, the owner of Automatic Consulting, a national car buying service, said the outage was impacting customers because they have fewer dealers to choose from. “It limits the customer’s leverage.”Some dealers also can’t apply factory rebates without CDK’s software, so customers may miss out on money-saving deals. Under normal circumstances, the CDK software allows the dealership to register a vehicle almost instantaneously, but now the process faces heavy delays. He told CNN he was able to buy the car but was unable to sign the title.

Persons: Ryan Callahan, ” Callahan, CDK, Tom McParland, ”, McParland, Michael Deveney, “, ” Deveney, Katelyn Salvato, hasn’t, Salvato, …, We’ve, they’ve, Scott Campbell, Nicolas, CNN they’ve, Don Aycock, Robbie Jacob, Jacob, Tekion Organizations: New, New York CNN, Mazda, North America, Automatic Consulting, Midway Automotive, Massachusetts, of Motor Vehicles, Pride Motor Group, “, DMV, CNN, Massachusetts Department of Transportation, Capital City Buick GMC, Porsche, Buick, Diego —, Kia, Cox Automotive Locations: New York, Seekonk , Massachusetts, Lynn, Berlin , Vermont, Los Angeles, ”, Clay County , Florida, Diego

☆ Judges halt key parts of Biden’s student loan forgiveness, repayment plan — risking relief for millions
▼ + stars: | 2024-06-25 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

Two federal judges in Kansas and Missouri have temporarily halted significant parts of President Joe Biden's new student loan repayment plan, putting debt relief for millions of Americans in jeopardy. The Monday evening rulings stop the U.S. Department of Education from implementing major provisions of the Saving on a Valuable Education, or SAVE, plan. Until the cases are decided, the Biden administration is prevented from forgiving any more debt under the new income-driven repayment plan and from further reducing borrowers' payments in July, as it planned to. More than 8 million borrowers have enrolled in the SAVE plan since it launched in August. "The Department of Justice will continue to vigorously defend the SAVE Plan," he added.

Persons: Joe Biden's, Biden, Mark Kantrowitz, Education Miguel Cardona, " Cardona Organizations: U.S . Department of Education, Valuable Education, Finance, Republican, Education, Higher, Department, Justice, SAVE Locations: Kansas, Missouri

☆ Fewer Americans are buying life insurance. Here's when you might need it
▼ + stars: | 2024-06-25 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Overall, the share of households with life insurance has "steadily" decreased since the early 1970s, according to the NAIC. That said, even as fewer people buy life insurance, "I do think there's a need for it," he added. What type of life insurance to buyThere are two broad types of life insurance: Term and permanent. Permanent life insurance, such as a whole or universal life policy, is meant to last throughout life. How much life insurance to getLuca Sage | Digitalvision | Getty Images

Persons: Knoll, Shapiro, Scott Shapiro, —, Luca Sage Organizations: Planning Center . Insurance, Getty, Illinois Department of Insurance, KPMG, Digitalvision

☆ Israel may soon draft ultra-Orthodox Jews. What does it mean for the war and Netanyahu?
▼ + stars: | 2024-06-25 | by ( Mick Krever | ) edition.cnn.com time to read: +8 min

CNN —The Israeli Supreme Court issued a ruling on Tuesday ordering the government to draft ultra-Orthodox Jews into the military. Since Israel’s founding, ultra-Orthodox Jews have been exempt from mandatory military service. Some do, but far fewer than most Israeli Jews. Technically, the military service exemption applied to young men who were actively studying at a yeshiva. In essence, the court said that the ultra-Orthodox could not be treated differently from other Israeli Jews.

Persons: –, “, Staff Herzi Halevi, ” Gilad Malach, ”, General Gil Limon, Netanyahu Organizations: CNN, Israel Democracy Institute, Shas, Israel Defense Forces ’, Staff, IDF, United, Likud Locations: Israel, Gaza, Lebanon

☆ I worked in China for 8 years. These 3 differences set the work culture apart from the Western world.
▼ + stars: | 2024-06-25 | by ( Isabelle Aron | ) www.businessinsider.com time to read: +7 min

Read previewThis as-told-to essay is based on a transcribed conversation with Sue Campbell, 58, about relocating to China for work. I was often the liaison between international clients and the team in China, helping everyone understand each other better. Employees in China were very conscious of their place in the company hierarchyHierarchies were very apparent in Chinese work culture. In China, people seemed to take pride in their work and I think they didn't want to make themselves look bad. If anybody has the chance to work in Asia, I'd recommend it.

Persons: —, Sue Campbell, Louis Vuitton, I'd, who'd, KIND2 Organizations: Service, Louis, Business, consultancy's, Employees Locations: China, Hong Kong, Asia, Shanghai, Australia, consultancy's Asia

☆ These ETFs have beaten the S&P 500 for five years and are ahead in 2024 too
▼ + stars: | 2024-06-25 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Six exchange-traded funds have outperformed the S & P 500 index every year for the past five years, according to analysis by CNBC Pro. In 2022, when the S & P 500 fell by nearly 20%, the six ETFs each had a smaller loss. The Taiwanese dollar-denominated Sinopac TAIEX ETF also outperformed the S & P 500 over the same period in local currency terms. First Trust RBA American Industrial Renaissance Of the six ETFs, the First Trust RBA American Industrial Renaissance ETF (ticker: AIRR) has performed best over the period. It logged a cumulative total return of 178% over the past five years, compared to the S & P 500's 112%.

Persons: Goldman Sachs Organizations: CNBC Pro, Four, JPMorgan, Goldman Sachs ActiveBeta, Equity, Trust, Industrial Renaissance, JPMorgan U.S, Research Locations: Four U.S, Taiwan, U.S, United States, United Kingdom, Italy, Germany, Switzerland

☆ Jeff Bezos' Blue Origin is annoyed with SpaceX's big rocket launches
▼ + stars: | 2024-06-25 | by ( Jaures Yip | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

Jeff Bezos' rocket company, Blue Origin, recently filed concerns to the FAA about Elon Musk's SpaceX, requesting that Starship's launch operations be potentially limited over environmental impact concerns. The SpaceX launch system is a work in progress. It also employs multiple properties "all within the vicinity " of SpaceX's proposed Super Heavy booster launches, Blue Origin said. SpaceX plans to launch 44 Starship-Super Heavy missions per year under a NASA lease, Blue Origin wrote in the filing. Neither SpaceX nor Blue Origin immediately responded to Business Insider's requests for comments ahead of publication.

Persons: —, Jeff Bezos, SpaceX's, Blue, Musk, Sue, chatbot Grok Organizations: Service, FAA, Elon, SpaceX, Business, Super, of, Kennedy Space Center, Heavy, NASA, CNBC Locations: SpaceX's

☆ Sean Penn — who's been divorced thrice — says he's 'thrilled every day' to be single
▼ + stars: | 2024-06-25 | by ( Amanda Goh | ) www.businessinsider.com time to read: +1 min

Sean Penn, 63, says he's "thrilled every day" to not be in a serious relationship. "I don't sense I'll have my heart broken by romance again," Penn told The New York Times. In an interview with The New York Times, Penn opened up about how his perspective on romance has changed over the years. "I'm just free," Penn told the Times. "If I'm going to be in a relationship, I'm still going to be free, or I'm not going to be in it, and I'm not going to be hurting.

Persons: Sean Penn, he's, Penn, —, I'm Organizations: The New York Times, Pew Research Center, Service, Times, Business

☆ Tuesday, June 25: The Investing Club breaks down the bounce for this semiconductor stock
▼ + stars: | 2024-06-25 | by ( ) www.cnbc.com time to read: 1 min

Tuesday, June 25: The Investing Club breaks down the bounce for this semiconductor stockJim and Jeff discuss what made this hot semiconductor stock rise after a slight weekend dip. They also discuss reports that these two mega-cap tech companies were partnering for an AI project. Finally, they break down this media company's path to profitability.

Persons: Jeff

☆ DuPont draws suitors for its water unit, plus what's driving Eli Lilly's bounce
▼ + stars: | 2024-06-25 | by ( Morgan Chittum | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer argued that the market's been too focused on the AI darling. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Jim, Eli Lilly, Novo Nordisk's Wegovy, Mounjaro, Ozempic, Jim Cramer's Organizations: CNBC, Nasdaq, Nvidia, DuPont, Bloomberg, Novo Nordisk's, Club Locations: China, LLY

☆ Are you better off than you were four years ago? It can be a murky picture for many
▼ + stars: | 2024-06-25 | by ( Shannon Pettypiece | ) www.cnbc.com time to read: +9 min

But retirees and full-time caregivers have been unable to take advantage of a strong job market. Now, consumers are largely left with the same buying power they had four years ago rather than having seen real income gains over that time that would have helped bolster their financial picture. The outlook for the job market also varies by race with the unemployment rate at 5.6% for Black workers and 5% for Hispanic workers. Food prices have risen around 25% over the past four years while Biden was in office. The rise in food prices has disproportionately impacted lower-income households, which spend around a third of their discretionary income on food, according to a 2022 Agriculture Department survey.

Persons: Joseph Prezioso, Joe Biden, Donald Trump, Ronald Reagan, Julia Pollak, Pollak, Joseph Davis, Biden, MAGA, Julian Assange, Trump, Davis Organizations: Gloucester High School, AFP, Getty, Homeowners, ZipRecruiter, NBC, Consumer, Vanguard, NBC News, Food, Bureau of Labor statistics, Agriculture, Federal Reserve, Walmart, Aldi, Target, Gas Locations: Gloucester , Massachusetts, U.S, Arizona, Nebraska , Colorado

☆ China’s Chang’e-6 lunar probe returns with first-ever samples from far side of the moon
▼ + stars: | 2024-06-25 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +3 min

The Chang'e-6 probe being successfully launched from China's Wenchang Spaceport in Wenchang, Hainan Province, China, on May 3, 2024. China's Chang'e-6 lunar probe returned to Earth on Tuesday, bringing back the first-ever samples from the unexplored far side of the moon. Chang'e-6 returned to Earth with soil collected from the South Pole-Aitken Basin — a massive crater in the lunar hemisphere that always faces away from Earth. In total, Chang'e-6 mission took 53 days from its May 3 departure from the Wenchang Space Launch Center in Hainan, an island off China's south coast. The far side of the moon was first captured in images in 1959 by the Soviet Luna 3 spacecraft.

Persons: China's, Xi Jinping, Soviet Union —, Neil Armstrong Organizations: China National Space Administration, Soviet Luna, Washington, NASA Locations: Wenchang, Hainan Province, China, Inner Mongolia, Chang'e, Hainan, Beijing, India, Soviet, U.S, Soviet Union, Cold

☆ The Urgent Need for Trump and Biden to Blow Off Swing Voters - The New York Times
▼ + stars: | 2024-06-25 | by ( Elizabeth Spiers | ) www.nytimes.com time to read: +1 min

In a presidential election where both leading candidates are unpopular, there’s much talk about what each candidate can say to swing voters in Thursday’s debate. But true swing voters are disengaged from political news; in fact, many avoid it with a determination normally reserved for toxic exes, ticks and food poisoning. To the extent they learn what’s said on Thursday, it’ll be via repackaged clips on social media. Mr. Biden’s challenge is to reassure skeptical Democrats that he is still vigorous and that he is responsive to voters’ worries about inflation and other problems on their minds. Mr. Trump needs to convince Nikki Haley Republicans and others concerned about his ethics that their differences are less significant than his promise of financial security, tight borders and abortion restrictions.

Persons: what’s, it’ll, —, ”, Biden, Donald Trump can’t, Biden’s, Trump, Nikki Haley Republicans Organizations: Republicans —, Pew Research Center

☆ I.C.C. Issues Arrest Warrants for 2 Senior Russian Security Officials
▼ + stars: | 2024-06-25 | by ( Anatoly Kurmanaev | ) www.nytimes.com time to read: +1 min

The International Criminal Court said on Tuesday that it had issued arrest warrants for two top Russian security officials over strikes against civilian targets, delivering a stinging, if largely symbolic, condemnation of the Kremlin’s invasion of neighboring Ukraine. The Hague-based court accused Russia’s most senior military officer, Gen. Valery V. Gerasimov, and a senior member of the country’s Security Council, Sergei K. Shoigu, of directing a campaign of strikes against Ukraine’s power plants in the winter of 2022. “The expected incidental civilian harm and damage would have been clearly excessive to the anticipated military advantage,” the court said in a statement on Tuesday, referring to the strikes. It issued the warrants on Monday. Russia’s Security Council denounced the warrants, calling them “pathetic” examples of “the West’s hybrid war against our country,” according to comments provided to the Moscow-based Interfax news agency.

Persons: Russia’s, Valery V, Sergei K, “ Organizations: country’s Security, Russia’s Locations: Ukraine, The Hague, Moscow

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