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CNN —Donald Trump is the first former president to be found guilty of felonies, but he isn’t the first convicted person to run for president in the US. Despite having been sentenced to 10 years in prison for sedition, Debs incredibly received some 914,191 votes, a higher number than when he ran as a free man in 1912. 9653.”Even from prison, Debs cleverly electioneered through the new medium of motion pictures. Following the election of Warren G. Harding in 1920, pressure was placed on outgoing President Woodrow Wilson to pardon Debs. They will choose whether the verdict at Trump’s trial undermined faith in our legal system or was justice being served.
Persons: Thomas Balcerski, James Buchanan, William Rufus King ”, CNN — Donald Trump, Eugene V . Debs, Debs, Trump, ” Eugene Victor, Gene, , , Warren G, Harding, Woodrow Wilson, Wilson, Organizations: Eastern Connecticut State University, Oxford University Press, CNN, Socialist Party, Justice Department, Debs Universal, Republicans, Twitter, Facebook, Reuters, Republican, Trump Locations: Canton , Ohio, Atlanta, America, York
"This is still a strong labor market." The U.S. Federal Reserve raised borrowing costs to pump the brakes on the economy and labor market, ultimately to throttle back inflation. watch nowThere are indicators the U.S. job market remains strong and resilient despite headwinds, economists said. The national unemployment rate has been below 4% — a level indicating historical labor market strength — since February 2022. The current job market is more sustainable, she said.
Persons: Julia Pollak, Don't, Thomas Ryan, it's, Pollak, ZipRecruiter Organizations: SDI, U.S . Federal Reserve, Labor, Capital Economics, Workers, Federal Reserve Locations: North America
Thomas Kurian, CEO of Google Cloud, speaks at a cloud-computing conference held by the company in 2019. Alphabet is laying off employees from several teams in Google's cloud unit, one of its fastest-growing businesses, CNBC has learned. A Google spokesperson told CNBC the cuts are incremental across teams to better align its go-to-market organization. Some of those who lost their jobs had worked on the company's annual Google Cloud Next that took place in mid-April, said people familiar with the situation. However, the cloud unit, led by CEO Thomas Kurian, has been under pressure to continue accelerating growth as competition heats up in AI.
Persons: Thomas Kurian, we've, Sundar Pichai Organizations: Google, CNBC, Employees, Amazon Web Services, Microsoft
Chateau de Villette is more than a French manor house — it's a walk through history. The grounds are no less lavish, set atop 75 hectares of woods, with multiple lakes and ornately sculpted gardens. It is a 15-ton block of stone which descends to reveal the chateau's swimming pool," she told CNBC. Located some 40 minutes from Paris' city center, the chateau rents for nearly $270,000 a week. Watch the full video to see the exquisite interiors of Chateau de Villette.
Persons: Jules Hardouin, Mansart, Andre Le Notre, Louis XV, Thomas Jefferson, Thomas Paine, Tom Cruise, Dan Brown, Suzanne Isore Organizations: CNBC Locations: Villette, Versailles, Paris, Chateau de Villette
Justin Jefferson #18 of the Minnesota Vikings looks on against the Kansas City Chiefs in the first half at U.S. Bank Stadium on October 08, 2023 in Minneapolis, Minnesota. The Minnesota Vikings and star wide receiver Justin Jefferson have agreed to a contract extension, the franchise announced Monday. The deal is worth $140 million with $110 million guaranteed, according to a report from the NFL Network, making Jefferson the highest-paid non-quarterback in NFL history. To all my teammates and coaches from the very beginning as a kid in Louisiana, all the way to the NFL, thank you for always being there for me and pushing me. Jefferson is only the fifth player in NFL history (along with Michael Thomas, Mike Evans, A.J.
Persons: Justin Jefferson, Jefferson, Wilf, Kevin O'Connell, Kwesi Adofo, Mensah, Michael Thomas, Mike Evans, Green, Randy Moss Organizations: Minnesota Vikings, Kansas City Chiefs, U.S . Bank, NFL Network, Jefferson, Vikings, NFL, First Locations: Minneapolis , Minnesota, Minnesota, Louisiana, A.J
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMagnificent Seven still driving markets, with Nvidia at the helm, investment analyst saysThomas Watts, investment analyst at Abrdn, discusses the outlook for equity markets and recent economic data.
Persons: Thomas Watts Organizations: Nvidia
China's Defense Minister Dong Jun speaks during the 21st Shangri-La Dialogue summit in Singapore on June 2, 2024. Nhac Nguyen | AFP | Getty ImagesSINGAPORE — China's defense minister, Adm. Dong Jun, vowed that anyone who aims to separate Taiwan from China will face "self-destruction." "Anyone who dares to separate Taiwan from China will only end up in self-destruction," he said. In response to questions, Dong reiterated China's position that Taiwan is part of China and said Beijing is committed to peaceful reunification. "These kinds of behavior sends very wrong signals to the Taiwan independence forces and make them become very aggressive.
Persons: Dong Jun, Nhac Nguyen, Dong, Lai Ching, , Bastian Giegerich, Ferdinand Marcos Jr, Thomas Shoal Organizations: China's, AFP, Getty, SINGAPORE, Democratic Progressive Party, Abrams, U.S, International Institute for Strategic Studies, Liberation Army Locations: Singapore, Taiwan, China, Beijing, U.S, Philippine, South, Philippines, Manila
Wembley Stadium CNN —London’s Metropolitan Police said 53 arrests were made during the UEFA Champions League final at Wembley Stadium in London on Saturday. A spokesperson for Wembley Stadium condemned the pitch invaders. “It is illegal to enter the field of play at Wembley Stadium, and we strongly condemn the actions of those who interrupted the UEFA Champions League Final shortly after kick-off,” a Wembley Stadium spokesperson said in a statement issued Saturday. We will support the relevant authorities to ensure appropriate action is taken,” the Wembley Stadium spokesperson added. “There is a robust policing operation in place to support the Wembley security plan and officers have worked closely with stewards and stadium staff to maintain security throughout.
Persons: Marcel Sabitzer, Louise Puddefoot, Puddefoot Organizations: Wembley, CNN — London’s Metropolitan Police, UEFA Champions League, Real Madrid, Borussia Dortmund, Wembley Stadium, UEFA Champions, , Madrid, Champions League, CNN, Metropolitan Police, UEFA Locations: London, Real
Courtesy Matt WronkoskiBut when it’s good, and it usually is, there is something wonderful and irreplaceable about pickup basketball. But I still play pickup ball whenever I can, and recently I’ve been thinking about what it means for America in 2024. In a time when we’re divided by race and class and age, pickup ball cuts across those lines. Maybe this country would be a better place if it worked a little more like a pickup game. And a different basketball playerI was once an angry young man on the basketball court.
Persons: I’d, Thomas Lake, Matt Wronkoski, “ Ginobili, , you’d, Ruthie, Ruthie didn’t, Jimmy Dean, Corey, I’m, Corey wasn’t, Eric, John, We’d Organizations: CNN, rec, America, Spokane Hoopfest Locations: Jacksonville , Florida, America, St, Johns, Springfield , Massachusetts, Jacksonville
Thomas Coex | Afp | Getty ImagesThe oil-producing Organization of the Petroleum Exporting Countries and its allies could extend existing output cuts this week, delegates and analysts told CNBC, even as focus shifts from Middle East tensions to summer demand. OPEC+ producers are currently implementing a combined 5.86 million barrels per day of supply cuts. And then August is the peak month for tightness," Viktor Katona, lead crude analyst at Kpler, told CNBC. "However, I think that the market right now has priced in a full extension of the voluntary cuts. A high-inflation environment and tight monetary policy in turn reined in oil demand, but central banks have signaled readiness to lower interest rates in the second half of the year.
Persons: Thomas Coex, Viktor Katona, overproducers, Jorge Leon, Yemen's, Tamas Varga Organizations: Organization of, Petroleum, Afp, Getty, CNBC, Energy, Market Research, PVM Oil Associates, United Arab Emirates Locations: OPEC, Vienna, China, Iraq, Kazakhstan, Paris, Ukraine, Gaza, Red, Saudi Arabia, Russia, Guyana, Brazil, Canada
Check out the companies making headlines in midday trading: Dell Technologies — The software stock plunged 22% after executives cautioned that its gross margins could face more pressure in 2025. Zscaler — Shares added 5.2% after the cloud security company posted a fiscal third-quarter earnings and revenue beat. Gap — The clothing retailer soared 26% after posting fiscal first-quarter earnings per share of 41 cents, higher than the 14 cents analysts surveyed by LSEG had expected. The company beat earnings and revenue expectations for the April quarter, but still saw slower-than-expected consumption growth. SentinelOne expects its revenue to fall between $808 million to $815 million in 2024, which was lower than the $817 million forecast by LSEG.
Persons: Zscaler, LSEG, Nordstrom —, Nordstrom, chipmaker, Marvell, MongoDB, Sun Choe, Choe, Cooper, Paycom, Randy Peck, Christopher Thomas, Maheep, CNBC's Hakyung Kim, Yun Li, Jesse Pound, Pia Singh Organizations: Dell Technologies, Lionsgate, Citi, Starz, Nordstrom, Marvell Technologies, Vans, Cooper Companies, Mizuho Locations: Seattle
Philippines' President Ferdinand Marcos Jr. delivers a speech during the 21st Shangri-La Dialogue summit in Singapore on May 31, 2024. The president said should such an incident happen by willful action, it would "increase the level of response [by the Philippines]," and come "very, very close to what we define as an act of war." In late March, the Philippines accused a China Coast Guard vessel of utilizing its water cannon on a Filipino ship travelling to the Second Thomas Shoal, injuring three Filipino sailors. Earlier that month, the China Coast Guard was accused of a water cannon attack that left four Filipino crew members injured by broken glass. Beijing claims almost all of the South China Sea as its waters, despite a 2016 ruling by the Permanent Court of Arbitration that said that China's claims has no basis under international law.
Persons: Ferdinand Marcos Jr, Marcos, Thomas Shoal Organizations: Chinese Coast Guard, Guard, U.S ., Philippines Mutual Defense, China Coast Guard, China's coastguard Locations: Philippines, Singapore, South, U.S, Manila, South China, China
Qatar Airways is 2024's "Airline of the Year," according to AirlineRatings.com. This year's list is again dominated by Middle Eastern and Asia-Pacific carriers, though Europe's Air France/KLM entered the ranking at No. The complete top 25 list of premium airlines for 2024, according to AirlineRatings.com, is as follows:1. American AirlinesIn an article announcing the ranking, AirlineRatings.com Editor-in-Chief Geoffrey Thomas said "Qatar Airways came out number one in many key areas although it was a very close scoring for the top ten." Qatar Airways also won the "Best Business Class" category for the fifth time in a row, while Singapore Airlines was named "Best First Class" and Air New Zealand for "Best Economy Class."
Persons: Geoffrey Thomas Organizations: Qatar Airways, Air New, Europe's Air France, KLM, Korean, Cathay Pacific Airways, Air New Zealand, Emirates, Air France, All Nippon Airways, Etihad Airways, Qantas, Virgin, Vietnam Airlines, Singapore Airlines, TAP, JAL, Alaska Airlines, Lufthansa, Turkish Airlines, IGA Group, British Airways, Air Canada, Delta Air, United Airlines, American Airlines, Flight Entertainment, Doha's Qatar Airways, Dubai's, Abu Dhabi's Etihad Airways Locations: Doha, Air New Zealand, Eastern, Asia, Pacific, Virgin Australia, TAP Portugal, Swiss, Iberia, Dubai's Emirates
Nvidia is the key to how stocks will perform in the next few months as investors head into a seasonally weak period for markets, with the macroeconomic picture once again a center of attention. Stocks capped a winning month in May after a strong earnings season and signs of easing inflation buoyed investor optimism. .VIX YTD mountain CBOE Volatility Index In fact, the CBOE Volatility Index, known as Wall Street's fear gauge, is currently at 14. The broad market index was last around 5,220. Traders will have to rely on macroeconomic data for the next several weeks, including the May jobs report that's on deck next Friday.
Persons: Stocks, what's, Olivier Sarfati, Sarfati, Jensen Huang's, Josh Brown, Jonathan Krinsky, Jeff deGraff, CNBC's, deGraff, Rob Ginsberg, JC O'Hara, Roth, Dow Jones, Thomas Urano, Jobs, Cook Organizations: Nvidia, Nasdaq, Dow Jones, Ritholtz Wealth, Semiconductors, VanEck Semiconductor, Macro, Wolfe Research, Advisory, PMI, Manufacturing, Hewlett Packard Enterprise, Body, Services PMI, Labor, Girls Global, University of, District of Columbia, Consumer Credit Locations: Smucker, Washington
U.S. consumers and businesses alike have turned cautious on spending this year because of elevated inflation and interest rates, according to Bank of America CEO Brian Moynihan. That's a sharp slowdown from the nearly 10% growth rate seen in May 2023, he said. Referring to consumers and businesses, Moynihan said: "Both of our customer bases that have a lot to do with how the American economy runs are saying, 'You know what? The same is true for small- and medium-sized businesses, the Bank of America CEO said. Moynihan and other bank CEOs have a birds-eye view of the economy, given their coast-to-coast coverage of households and companies.
Persons: Brian Thomas Moynihan, Brian Moynihan, Moynihan, That's, We've, They're, JPMorgan Chase Organizations: of America, U.S . Senate Banking, Housing, Urban Affairs, Wall, Capitol, Bank of America, The Fed, U.S, JPMorgan, Fed Locations: Washington , U.S, New York, McDonald's, U.S
Polls consistently show that his support from Black voters has declined to alarming levels for a Democrat. Four years ago, nearly nine in 10 Black voters nationwide cast their ballots for Mr. Biden, according to exit polls. Image Recently, Mr. Biden and Ms. Harris have been speaking directly to Black audiences at multiple events per week. “The Biden campaign is panicking because they see that Black voters aren’t buying what Biden is selling,” Ms. Thomas added. Recently, Mr. Biden and Ms. Harris have been speaking directly to Black audiences at multiple events per week.
Persons: Biden, Donald J, Kamala Harris, Trump, George Floyd’s, ” Mr, Harris, Trump’s, Black, Wes Moore, Austin Davis of, Yuri Gripas, Mr, , Sherry Gay, surrogates, Sheff, Hallow, “ Trump’s MAGA, Janiyah Thomas, , Ms, Thomas, Brown, ” Ms, Michael Nutter, , Michael Gold Organizations: Republican, Black, Democratic, Mr, Gov, Girard College, The New York Times, New York Times, Siena College, Philadelphia Inquirer, Black Democrat, Biden, Bronx, Voters, Supreme, of Education, Morehouse College, Detroit, Democrats, Black voters Locations: Philadelphia, African, Maryland, Detroit, Milwaukee, Atlanta, New York
When Prime Minister Benjamin Netanyahu of Israel announced plans late last year to occupy a sensitive corridor of land in the Gaza Strip, along the border with Egypt, the response from Cairo was public, explicit and ominous. Egypt said that an Israeli military presence there would violate the 1979 peace treaty between the two countries. This week, the Israeli military announced that it had seized “tactical control” of the corridor. Yet despite the Egyptian government facing domestic pressure to take a harsher stance on Israel following its military offensive in the southern Gaza city of Rafah, there has been no public Egyptian comment on the seizure of the corridor. The silence may be a reflection of the dilemma Egypt finds itself in after nearly eight months of war in Gaza.
Persons: Benjamin Netanyahu, Netanyahu Organizations: Israel Locations: Gaza, Egypt, Cairo, Israel, Rafah
CNN —Now that a New York jury has convicted former President Donald Trump of all 34 felony charges of falsifying business records, the next obvious question is: Can a convicted felon run for president? A further question is more complicated: Could Trump, as a felon, vote for himself? And now to the more difficult question …Can a convicted felon vote? Trump is now a Florida resident – and Florida voters, in 2018, overwhelmingly backed a referendum to reenfranchise convicted felons. In New York, after a law passed in 2021, any convicted felon who is not incarcerated is eligible to register to vote.
Persons: Donald Trump, Trump, Juan Merchan, Christine Cornell, Elie Honig, Anthony Guglielmi, ” Guglielmi, Eugene Debs, Debs, Oliver Wendell Holmes, Holmes, Thomas Doherty, , Woodrow Wilson, Wilson’s, Debs ’, Warren G, Harding, Neil Volz, reenfranchise, Read, ” Volz, CNN’s Tierney Sneed Organizations: CNN, Trump, Republican National Convention, Christine Cornell CNN, Secret, United States Secret Service, Socialist, Brandeis University, Restoration Coalition Locations: New York, Milwaukee, United, Atlanta, Florida, Vermont, Maine,
The American shopping spree is losing steam
  + stars: | 2024-05-30 | by ( Bryan Mena | Nathaniel Meyersohn | ) edition.cnn.com   time to read: +5 min
CNN —It’s becoming tougher and tougher for Americans to carry on with their spending spree. Years of elevated inflation and the highest interest rates in almost a quarter century are wearing out the US consumer. Savings accumulated during the Covid-19 pandemic are drying up, borrowers continue to rack up debt and delinquencies are marching higher. A second estimate of gross domestic product, released Thursday, showed that consumer spending was weaker in the first three months of the year than initially reported. Economists polled by FactSet are expecting data to be released Friday to show that consumer spending slowed notably in April from March.
Persons: CNN —, they’ll, ” Carol Schleif, FactSet, Thomas Kingsbury, TJ Maxx Organizations: CNN, Savings, BMO Family Office, Employers, Walmart, Dollar, Goods, Abercrombie, Fitch
Mr. Met poses before the game between the Chicago Cubs and the New York Mets at Citi Field. To that end, the Mets will be working on development, production and distribution with Range Sports, a division of entertainment management firm Range Media Partners. Mets owner and hedge fund manager Steve Cohen is a minority investor in Range through his Point72 Ventures fund. The Mets will be focused on a variety of content, Havens said, from players talking about fashion or what they do in the offseason to storytelling around the culture of Mets fans. "That opens up a bunch of new opportunities to engage Mets fans and non-Mets fans," Havens said.
Persons: it's, Steve Cohen, John Malone's Liberty, David Bonderman, Scott Havens, Havens, Pete Alonso, Jorge Lopez, Will Funk, Greg Luckman, Bradley Cooper, Jack Harlow, Brock Purdy, LIV, WWE's, Cohen Organizations: Chicago Cubs, New York Mets, Citi Field, The New York Mets, Major League Baseball, NBA, NFL, Mets, Sports, Range Media Partners, Point72 Ventures, John, John Malone's Liberty Global, TPG, Business, Bloomberg Media, San Francisco 49ers, CW, LIV Golf, ACC football, WWE's NXT Locations: Queens , New York
The Supreme Court’s recent rescue of an important federal agency from the hands of a hostile lower court was an exercise in the evolving definition of originalism. A mechanism that the United States Court of Appeals for the Fifth Circuit deemed unconstitutional was clearly known to and accepted by the Constitution’s framers, Justice Thomas concluded. Justice Elena Kagan wrote a concurring opinion to say that while the old history was enlightening and adequate to support the agency’s constitutionality, modern practice supported it as well. “All the flexibility and diversity evident in the founding period,” she wrote, has “continued unabated” when it comes to financing government operations. Notably, two of the court’s conservatives, Justices Brett Kavanaugh and Amy Coney Barrett, in addition to Justice Sonia Sotomayor, joined Justice Kagan’s endorsement of the significance of later, even contemporary, practice when interpreting the Constitution.
Persons: Clarence Thomas, Thomas, Elena Kagan, , Brett Kavanaugh, Amy Coney Barrett, Sonia Sotomayor, Kagan’s, Samuel Alito, Neil Gorsuch Organizations: Consumer Financial, United States, Appeals, Fifth Circuit
After expressing anxiety over other actors’ reluctance to star in the movie, Lopez brings up her spouse. Ben Affleck and Jennifer Lopez attend the 75th Annual Academy Awards at the Kodak Theater on March 23, 2003 in Hollywood, California. Now, with an album, film and documentary themed around their second act, Lopez has invited that scrutiny back again, despite her beloved’s obvious reluctance. “The Greatest Love Story Never Told” is swiftly becoming The Greatest Love Story Never Off Duty. Neither Lopez nor Affleck has addressed the current breakup rumors so far.
Persons: Holly Thomas, Katie Couric, Jennifer Lopez’s, Ben Affleck, Lopez, , Benny Medina, I’m, Affleck, I’ve, , Jennifer Lopez, Kevin Winter, Jenny, that’d, Ben, You’ve, Elaine Goldsmith, Thomas, Derek Hough, that’s, Icarus, Simu Liu, “ We’re, ” Affleck, We’re Organizations: Katie Couric Media, CNN, Kodak Theater, Netflix Locations: London, Hollywood , California, Bennifer, Las Vegas, Vegas
CNN —President Joe Biden promised Black voters Wednesday that he would appoint progressives to the US Supreme Court if elected to a second term, suggesting he expects vacancies on the high court over the next four years. The ideological makeup of the court has emerged as one of the defining facets of American political power. Breyer announced his retirement in January 2022, allowing Biden to fulfill a campaign pledge to nominate a Black woman to the court, Ketanji Brown Jackson. Instead, he consulted the justice on lower court nominations as a way to cultivate a degree of comfort with the process. “Many presidents never get the opportunity to appoint a Supreme Court justice.
Persons: Joe Biden, , they’re, we’ve, , Biden, Clarence Thomas, Samuel Alito, Sonia Sotomayor, Barack Obama, Donald Trump, , Wade, Stephen Breyer, Breyer, Ketanji Brown Jackson, Don McGahn, Anthony Kennedy, Obama, Ruth Bader Ginsburg, Trump, Amy Coney Barrett, we’ll Organizations: CNN, Black, Wednesday, Republican, Committee, Liberal, White, Trump, , Liberty Locations: Philadelphia, Roe
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailC3.ai's federal business grew more than 100% year-over-year, says CEO Thomas SiebelThomas Siebel, C3.ai CEO, joins 'Closing Bell Overtime' to talk quarterly results, its profitability road map, larger AI market trends and more.
Persons: Thomas Siebel Thomas Siebel
Opinion | The Gender Gap Is Now a Gender Gulf
  + stars: | 2024-05-29 | by ( Thomas B. Edsall | ) www.nytimes.com   time to read: 1 min
Regardless of who wins the presidential election, the coalitions supporting Joe Biden and Donald Trump on Nov. 5, 2024, will be significantly different from those on Nov. 3, 2020. On May 22, Split Ticket, a self-described “group of political and election enthusiasts” who created a “website for their mapping, modeling and political forecasting,” published “Cross Tabs at a Crossroads: Six Months Out.”Split Ticket aggregated “subgroup data from the cross tabs of 12 reputable national 2024 general election polls” and compared them to 2020 election results compiled by Pew, Catalist and AP. Combining data from multiple surveys allowed Split Ticket to analyze large sample sizes and reduce margins of error for key demographic groups.
Persons: Joe Biden, Donald Trump, Organizations: Pew, Catalist
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