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☆ Biden makes history with 12th Senate-confirmed LGBTQ judge
▼ + stars: | 2024-09-19 | by ( ) www.nbcnews.com time to read: +3 min

That surpassed the record of Democratic former President Barack Obama, who had secured the confirmation of 11 openly LGBTQ judges during his eight years in office. Only in the last three decades have presidents nominated openly gay people to the federal bench. Circuit Judge Alison Nathan joined the bench as a trial judge in Manhattan following her nomination by Obama. Circuit Judges Beth Robinson of the 2nd Circuit and Nicole Berner of the 4th U.S. The bulk of openly LGBTQ nominees have come from Democratic presidents, though Republican former President Donald Trump appointed two openly gay judges.

Persons: Joe Biden, Mary Kay Costello, Biden, Barack Obama, Lena Zwarensteyn, ” Zwarensteyn, Costello, Saul Ewing, Akin Gump Strauss Hauer, Feld, Judge Vaughn Walker, George H.W, George H.W . Bush, Deborah Batts, Bill Clinton, Alison Nathan, Obama, Nathan, Beth Robinson, Nicole Berner, Donald Trump Organizations: Democratic, Eastern District of Pennsylvania, Conference, Civil, Human, U.S . Air Force, Temple University, Attorney’s, Eastern, Former U.S, Republican, Gay, U.S, Circuit, Appeals, 2nd, NBC Locations: Philadelphia, Eastern District, San Francisco, George H.W ., Manhattan, New York City

☆ Judge extends temporary restraining order against Biden's student debt forgiveness plan
▼ + stars: | 2024-09-19 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +1 min

President Joe Biden's student debt forgiveness plan faces another setback as a federal judge extended the temporary restraining order against it on Wednesday. U.S. District Judge Randal Hall, who was appointed by former Republican President George W. Bush, said that Biden's plan would remain blocked for an additional 14 days. The ruling came as the Biden administration was expected to publish its final rule on a revised student loan forgiveness plan in October. The judge first issued a temporary restraining order on Sept. 5 shortly after the lawsuit was filed. Those enrolled in the plan, around 8 million people, do not have to make payments at this time.

Persons: Joe Biden's, Randal Hall, George W, Bush, Biden, Hall, Arkansas — Organizations: . U.S, Republican, GOP, U.S . Department, CNBC Locations: ., Florida, North Dakota, Georgia , Ohio, Alabama , Missouri, Arkansas

☆ 'We can’t allow the cultural infrastructure to literally crumble': One of London's most popular arts attractions needs a $200 million fix
▼ + stars: | 2024-09-19 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +7 min

The exterior of the Hayward Gallery, part of the Southbank Centre. "We can't allow the cultural infrastructure to literally crumble in our hands, because ... without investment, it won't be here," Ball told CNBC. (The neighboring National Theatre and British Film Institute Southbank are not part of the Southbank Centre.) During his first year at the Southbank Centre, he oversaw more than 5,400 events and shows. "Thinking Fountains," an installation by German artist Klaus Weber, outside the Hayward Gallery at the Southbank Centre.

Persons: Norman Engleback, Michelle Obama, Anish Kapoor, Tracey Emin, Nina Simone, Elaine Bedell, Mark Ball, —, Ball, Queen Elizabeth Hall, Purcell, Jack Taylor, Lisa Nandy's, it's, Richard III, Antony Sher, Antony, Gilbert Prousch, George Passmore, Gilbert, George, Marina Abramovic, Elizabeth Hall, Daniel Leal, Igor Levit, Cillian Murphy, Klaus Weber Organizations: Hayward, Southbank Centre, Universal, Getty, Southbank, Conservative, Labour, CNBC, Royal Festival Hall, Queen, National Theatre, British Film Institute, Former U.S, Royal, Hall, Manchester International, Association of, of Britain, Apple, London's Southbank, Ball, Science and Industry, Royal Shakespeare Company, AFP, Artists, Royal Philharmonic Orchestra Locations: London, Manchester, Serbian

☆ I'm a retired pilot who worked for royalty. I had no idea how the rich spent their money.
▼ + stars: | 2024-09-19 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

Read previewThis as-told-to essay is based on a conversation with Kent Davis, a retired Air Canada pilot with more than 40 years of experience. AdvertisementA prime minister, movie stars, and royaltyIn 1972, I joined Air Canada and spent 33 years flying for them. In 2005, I retired from Air Canada and was hired by Prince Alwaleed Bin Talal, a Saudi prince based in Riyadh. Kent Davis flew Prince Al Waleed bin Talal (pictured) and his family around the world. I'm mostly retired now, except for some consulting work with my company, Trans Global Aviation Solutions.

Persons: —, Kent Davis, Prince Alwaleed Bin Talal, Prince Al Waleed bin Talal, CHRISTOPHE ENA, George W, Bush, I'm Organizations: Service, Air Canada, Business, Aviation, Royal Canadian Navy, Navy, Airbus, Boeing, Air India, Trans Global Aviation Solutions Locations: Montreal, Saudi, Riyadh, New York, Republic of Georgia, Greater Caucasus

"Ultimately shirking fiduciary responsibility to employees, consumers, and shareholders." Twenty civil rights organizations sent a letter Thursday to Fortune 1000 companies calling for them to recommit to diversity, equity and inclusion, after several major companies scaled back their efforts. She emphasized that LGBTQ+ consumers have $1.4 trillion of buying power, as reported by the National LGBT Chamber of Commerce. But a small, well-funded, and extreme group of right-wing activists is attempting to pressure companies into abandoning their DEI programs. Abandoning DEI will have long-term consequences on business success -- ultimately shirking fiduciary responsibility to employees, consumers, and shareholders.

Persons: Bill Ackman, Molson Coors, Harley Davidson, George Floyd, Forman, Kelley Robinson, CNBC's, Robinson, Brown, Lowe's, John Deere, Harley, Davidson, Edelman Organizations: National Action Network, Molson, Ford, Tractor Supply, Human Rights, HRC, Brown, National LGBT Chamber of Commerce, Molson Coors, . Tractor Supply, Companies, McKinsey & Company, Pew Locations: New York City, Rural, United States

☆ Los Angeles Dodgers’ Shohei Ohtani becomes first player to join 50/50 club
▼ + stars: | 2024-09-19 | by ( Homero De La Fuente | ) edition.cnn.com time to read: +6 min

CNN —Los Angeles Dodgers superstar Shohei Ohtani etched his name in Major League Baseball history on Thursday, becoming the inaugural member of the 50-50 club on Thursday against the Miami Marlins. A 50-50 season consists of 50+ home runs and 50+ stolen bases in a single season. The historic accomplishment comes after Ohtani faced a personally difficult start to his time in Los Angeles. Los Angeles Dodgers' Shohei Ohtani (17) celebrates after hitting his 50th home run of the season during the seventh inning of a baseball game against the Miami Marlins, Thursday, Sept. 19, 2024, in Miami. With the win against Miami, the Dodgers are guaranteed a spot in the playoffs and give Ohtani his first chance to shine in October.

Persons: Shohei Ohtani, Ohtani, “ I’m, ” Ohtani, Shohei, Andy Pages, Wilfredo Lee, Ohtani swiped, George Soriano, Mike Baumann, Shawn Green, Ronald Acuña Jr, Alex Rodriguez, Ippei Mizuhara, Ohtani –, Mizuhara, –, ”, Marta Lavandier Organizations: CNN, Los Angeles Dodgers, Major League Baseball, Miami Marlins, Dodgers, Miami, Marlins, Atlanta Braves, Seattle Mariners, Angels, Dodger, NL West Locations: Miami, Los Angeles, South Korea, Ohtani

☆ Champions League Wednesday takeaways: PSG gets lucky, Manchester City and Inter misfire
▼ + stars: | 2024-09-19 | by ( George Ramsay | ) edition.cnn.com time to read: +6 min

CNN —The first round of Champions League matches continued on Wednesday with two of the competition’s biggest names – Manchester City and Paris Saint-Germain – in action. It was only thanks to an error from Girona goalkeeper Paulo Gazzaniga that PSG, beginning its latest quest for a maiden Champions League title, claimed the narrow victory in the 90th minute. City and Inter play out goalless draw in rematch of 2023 finalThe rematch of the 2023 Champions League final was expected to be the most exciting game of the night, seeing the English and Italian champions go head-to-head. Paul Ellis/AFP/Getty Images“We have the advantage to play at home, but I admire teams (like Inter) who defend well,” said City manager Pep Guardiola. Shakhtar, which will play its Champions League home games in Germany this season, had the best scoring chance early in the match, but Georgiy Sudakov’s penalty was saved by Bologna goalkeeper Łukasz Skorupski.

Persons: Germain –, Here’s, ”, Luis Enrique’s, Paulo Gazzaniga, Gazzaniga, Nuno Mendes, Ousmane Dembélé, Ladislav Krejčí’s, Enrique, Kylian Mbappé, “, “ They’re, doesn’t, İlkay Gündoğan, Yann Sommer, Erling Haaland, Kevin De Bruyne, Simone Inzaghi, Paul Ellis, Pep Guardiola, Jamie Gittens, Marcel Sabitzer, Gittens ’, Serhou Guirassy, Georgiy, Łukasz Skorupski, Giovanni Fabbian, Dmytro Riznyk, Tullio Puglia, Germain Organizations: CNN, League, Manchester City, Paris Saint, Europe, PSG bemoans, PSG, Girona, Champions League, Parc des Princes, Real, City, Inter, City –, Istanbul –, Inter Milan, Etihad, Man, Getty, Arsenal, Premier League, Milan, Derby, Madonnina, Borussia Dortmund, Club Brugge, Brugge, Dortmund, Schwarzgelben, Shakhtar Donetsk, Bologna, Shakhtar, UEFA, Shakhtar Donetsk Sparta Prague, Salzburg Paris Saint, Borussia Dortmund Celtic, Slovan Bratislava Manchester City Locations: Paris, Parc des, Real Madrid, Istanbul, AFP, England, Ukraine, Germany, Italy, Bologna

☆ Rate cuts are a double edged sword for Kamala Harris
▼ + stars: | 2024-09-19 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +6 min

As former President Donald Trump insists that the rate cut was fueled by partisan politics, Harris has to thread the needle with her rhetoric, experts told Business Insider. Celebrate the rate cut and she risks fueling Trump's narrative; ignore the rate cut and she doesn't get to claim a desperately needed economic victory. "This is a double edged one for Harris," Mark Blyth, a political economist at Brown University, said. Advertisement"On the other hand, Vice President Harris is running to be president of the same economy that the Federal Reserve is managing," Tedeschi told Business Insider. But Blyth remains skeptical that the rate cut will have a lasting impact in an election that's been defined by volatility.

Persons: Kamala Harris, Donald Trump, Harris, doesn't, Mark Blyth, Joe Biden's, Ernie Tedeschi, Mike Johnson, Tedeschi, Powell, Trump, Blyth, people's, they've, Danny Hayes, Thursday Harris, Dow Organizations: Service, Federal Reserve, Brown University, Yale Budget, Republicans, Wall Street Journal, Trump, Blyth, George Washington University, Business

☆ Biden’s student debt forgiveness plan to remain blocked, federal judge orders
▼ + stars: | 2024-09-19 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

A federal judge has extended a temporary restraining order against the Biden administration's latest student loan forgiveness plan, threatening the White House hope to provide financial relief to tens of millions of Americans ahead of the Nov. 5 presidential elections. In the meantime, Hall said he would review the plaintiffs' request for a preliminary injunction against the Biden's relief plan, and the Biden administration's request to dismiss the case. The continuation of the restraining order is the latest setback for the Biden administration's efforts to cancel people's federal student loans. President Joe Biden began promising to alleviate people's education debts during his 2020 campaign bid, but Republican legal challenges have consistently stymied his attempts. The development stems from a lawsuit against the president's aid package brought by seven GOP-led states earlier this month.

Persons: Joe Biden, Randal Hall, George W, Bush, Biden, Hall, Ohio — Organizations: White, Biden, U.S, Republican, GOP, U.S . Department of Locations: Washington , DC, Alabama, Arkansas, Florida, Georgia , Missouri, North Dakota, Ohio

☆ Data reveals how the Artemis I mission fared against space radiation
▼ + stars: | 2024-09-19 | by ( Ashley Strickland | ) edition.cnn.com time to read: +8 min

NASA’s Orion spacecraft for the Artemis I mission was successfully recovered on December 11, 2022, off the coast of Baja California. Regan Geeseman/NASARadiation worriesNASA has studied the impact of space radiation on human health for decades, dating back to the first crewed space missions of the 1960s. Long-duration space missions to the moon and Mars will expose astronauts to radiation from cosmic rays, or high energy particles that move through space. Courtesy NASAPlanning for Artemis IIIf a solar storm were to occur while the Artemis astronauts were in space, it could last for days. NASA astronaut Christina Koch participates on August 1 in crew geology training in Iceland ahead of the Artemis II mission.

Persons: Artemis II, Artemis I, Artemis, torsos, Helga, Zohar, ”, Sergi Vaquer Araujo, Araujo, ” Araujo, NASA’s, Regan Geeseman, Earth’s Van Allen Belts, Van Allen Belts, Stuart George, Kim Shiflett, ” George, George said, Artemis III, Reid Wiseman, Victor Glover, Christina Koch, Jeremy Hansen, Robert Markowitz, Kelsey Young Organizations: CNN, Orion, European Space Agency, NASA’s Orion, NASA, Space, Apollo, Space Center, Kennedy Space Center, Canadian Space Agency, Goddard Space Flight Locations: Artemis, Baja California, Earth’s, Houston, Mars, Florida, Iceland, Greenbelt , Maryland

☆ JetBlue is fixing its business class' biggest weakness by building its own airport lounges
▼ + stars: | 2024-09-19 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +4 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The new lounges, the first of which are set for New York's JFK International and Boston Logan International, are part of the New York-based carrier's continued push to bolster its premium Mint business class experience. AdvertisementThat changed in 2016 when the airline launched its first Mint premium business class cabin with lie-flat seats. Loyalty is big business for airlinesFor the airline industry, loyalty extends beyond the benefits of return business. With the new lounges in its arsenal, the airline will be better positioned to keep loyal customers coming back.

Persons: —, carrier's, Marty St, George, Jayne O'Brien, Leonard Zhukovsky, O'Brien, Thomas Pallini Organizations: Service, JetBlue Airways, New York's JFK International, Boston Logan International, JetBlue, Jetblue, Business, JFK, Mint, JetBlue's Mint, American Airlines Admirals Club, Northeast Alliance, Airlines ' Admirals Club, Delta, American Express, American Airlines, Citi Locations: York, New York, Boston

☆ CrowdStrike CEO George Kurtz: The security industry is always under attack
▼ + stars: | 2024-09-19 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

CrowdStrike CEO George Kurtz: The security industry is always under attackCrowdStrike President and CEO George Kurtz joins 'Mad Money' host Jim Cramer to talk the state of cybersecurity, the aftermath of the global system shutdown, collaboration with Microsoft and more.

Persons: George Kurtz, Jim Cramer Organizations: Microsoft Locations: cybersecurity

☆ JD Souther, singer who co-wrote Eagles classics like 'New Kid in Town,' dies at 78
▼ + stars: | 2024-09-18 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +16 min

He just missed making the top 10 again when the 1981 single “Her Town Too” — a duet with James Taylor — peaked at No. I had an agent, but I don’t know that I really read for any of those roles. In a 2018 interview with the Chicago Tribune, Souther said that he was still friendly with most of his superstar collaborators. I don’t really want to be stopped when I’m in the grocery store and have somebody pay a bunch of attention to me. Donations in JD’s honor can be made to Best Friends Animal Society, an organization that was very important to him.

Persons: JD Souther, ”, Souther, Karla Bonoff, ” “ James Dean, ” “ Doolin, Don Henley, Souther’s, Roy Orbison, James Taylor —, Linda Ronstadt, George Strait, Bonnie Raitt, ‘, ’ ” Souther, “, Glenn Frey, —, JD didn’t, ” Souther, Steven Spielberg, Ed Zwick, ’, Mike Nichols, Ed, Longbranch, David Geffen’s, John David Souther, Chris Hillman, Richie Furay, Buck Owens, Merle Haggard, Waylon Jennings, Clark, Poco, Linda, won’t, Jackson Browne, Glenn, Waddy, Danny Kortchmar, Taylor, Warren Zevon, Don, Jackson, Zevon, Linda —, Sill, doesn’t, Rose, Dawn, Ronstadt, I’m, Browne, “ Don, David Geffen, ’ I’ve, Frey, Henley, … It’s, you’re, Souther —, Nashville —, “ Glenn Frey, “ She’s, Linda Ronstadt’s, Stevie Nicks, Judee Sill, “ Faulkner, I’ve Organizations: Eagles, PR, “, Dixie, Creative Independent, Nashville ”, Songwriters Hall of Fame, David Geffen’s Asylum, British Museum, Souther, Hillman, CSN, Byrds, Dillard, Brothers, Asylum, Hollywood, Chicago Tribune, Jackson, Troubadour, Kia, Facebook, Animal Society Locations: New Mexico, Southern California, Town, ”, L.A, ‘, ’, Orange County, Detroit, Henley’s, Texas, I’m, Linda’s, Arizona, New York, Boston, Mars, Columbia, New England, Japan, Wellington , Texas, Nashville, San Francisco, California, Arizona Republic, Europe

A Ukrainian drone attack on a Russian missile facility early Wednesday threw up towering fireballs visible from space and thundering detonations that triggered earthquake monitors. Officials on both sides said it was the result of a large Ukrainian drone attack on Toropets, a town in the Tver region around 230 miles from the Russian capital. Russian state media has previously reported that the military was building an arsenal for storing missiles and other explosives there. Russia’s air defense systems destroyed some 54 drones launched overnight against five western Russian regions, Russian state news agencies said, citing a report from Moscow’s defense ministry. Kyiv has increasingly been hitting back with drone attacks on what it says are military targets on Russian soil.

Persons: Igor Rudenya, Rudenya, George William Herbert, Volodymyr Zelenksyy Organizations: NASA, Security Service, NBC News, Reuters, Middlebury Institute of International Studies Locations: Ukrainian, Russian, Moscow, Tver, Norwegian, Ukraine, Monterey, California, Russia, Kyiv, United States, Washington, Kremlin

☆ Home Depot to pay nearly $2 million to settle suit alleging it overcharged shoppers
▼ + stars: | 2024-09-18 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +2 min

SAN DIEGO — The Home Depot agreed to a nearly $2 million settlement in a case that alleged it overcharged customers, charging more for items at checkout than the items' advertised prices. In an emailed statement responding to a request for comment about the settlement, Home Depot said, “To ensure consistency for our customers, we’ve updated the timing of our price changes." The settlement includes $1.7 million to be divided among the district attorneys' offices of Los Angeles, San Diego, Orange, Alameda, San Bernardino and Sonoma counties for consumer law enforcement. "This settlement is a clear message that such behavior will not be tolerated and underscores our commitment to safeguarding the rights of consumers in our community," Gascón said. Home Depot, based in Atlanta, reported in a proxy statement in May that it earned nearly $22 billion in operating profit for the 2023 fiscal year.

Persons: “, Judge Richard S, George Gascón, Gascón Organizations: DIEGO, Superior Court, Depot, Whitney Locations: California, San Diego, Angeles County, Los Angeles, San Diego , Orange, Alameda, San Bernardino, Sonoma, Sacramento County, Atlanta

CNN —The International Brotherhood of Teamsters declined to endorse a presidential candidate on Wednesday after releasing internal polling that showed a majority of its members supported former President Donald Trump over Vice President Kamala Harris. The Trump campaign highlighted that support from “rank-and-file” Teamsters members following the union’s announcement that it would not be endorsing. CNN previously reported that rank-and-file union membership had large pockets of Trump support, even as major labor leaders endorsed Harris. That survey also included Robert F. Kennedy Jr., who garnered about 6% of members’ support. While union members are thought of as a traditionally Democratic voting bloc, Trump has been working to make inroads among rank-and-file members.

Persons: Donald Trump, Kamala Harris, It’s, Sean O’Brien, “, Harris, Joe Biden, Trump, O’Brien, Hillary Clinton, Biden, George H.W, George H.W . Bush, ” O’Brien, Robert F, Kennedy Jr, Kennedy, Clinton, Tim Walz, CNN’s Kate Sullivan Organizations: CNN, Brotherhood of Teamsters, Big Business, Trump, Teamsters, Republican, Convention, Democratic, American Federation of Teachers, United Auto Workers, “, RNC, Minnesota Gov Locations: Harris, George H.W ., Michigan, Wisconsin, Pennsylvania

☆ New York Democrats are desperate to avoid repeat of their 2022 midterm collapse
▼ + stars: | 2024-09-18 | by ( Gregory Krieg | Gloria Pazmino | ) edition.cnn.com time to read: +12 min

New York Democrats offered a wide array of excuses for their disastrous 2022 midterms, when Republicans flipped four seats outside New York City on their way to winning a narrow US House majority. Now, less than two months out from the 2024 general election, the state party, its campaign season allies, chastened candidates and Gov. D’Esposito is one of five New York GOP freshmen facing an onslaught from Democrats determined to claw back suburban voters. “New York is the reason Democrats lost the House in 2022,” said Pamela Shifman, president of the Democracy Alliance, a liberal group spending big in New York this year. “There’s more focus than there was the last couple cycles, both from the state party, but also obviously the national committees,” the strategist said.

Persons: Kathy Hochul, Donald Trump’s, Anthony D’Esposito’s, Laura Gillen, Joe Biden, Gillen, Marc Molinaro, Mike Lawler, Nick LaLota, Brandon Williams, Kamala Harris, ”, Pamela Shifman, Nancy Pelosi, Pelosi, “, Jay Jacobs, ” Hochul, Andrew Caballero, Reynolds, Ana María Archila, Archila, Trump, Hakeem Jeffries, Jeffries, Kirsten Gillibrand, Lizzy Weiss, Hochul, Andrew Cuomo, Tom Suozzi, Republican George Santos, Gabby Seay, Chip Somodevilla, “ Jeffries, “ He’s, Seay, Michael Bloomberg, Elizabeth Frantz, Lawler, Sean Patrick Maloney, Mondaire Jones, ” Lawler, Jones, Roe, Lee Zeldin, Riley Gaines Organizations: CNN, New York Democrats, Republicans, Gov, Democratic, Republican Rep, New York GOP, Trump, Democracy Alliance, Politico, Democratic National Convention, New, Getty, Families Party, Democratic Congressional, Committee, New York’s, Republican, ”, Capitol Visitor Center, GOP, PAC, New York Fund, Empire, New York, Congressional, Democrats, Rep, “, Working, Party, US, Wade, Convention Locations: New York City, Long, York, Hudson, Central New York, “ New York, New York, Chicago, AFP, Washington ,, strategizing, strategize, Gaza, Suozzi, Hudson Valley, State

☆ Ukraine war analyst says Russia keeps surprising him with just how bad its soldiers are: 'The bar is very, very low'
▼ + stars: | 2024-09-18 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +6 min

Read previewA Ukraine war analyst told Business Insider that while watching this conflict, Russia has continually surprised him with how poorly trained its soldiers are. AdvertisementCaptured Russian soldiers, war experts, Ukrainian troops, and Western intelligence have all pointed to Russian troops being poorly trained and treated as disposable throughout the war. Related storiesRussia's losses have risen recently as Russian troops continue to suffer from deficiencies in training. The UK Ministry of Defence said in July that more than 70,000 Russian troops were likely killed or wounded between May and June. It blamed "an effective Ukrainian defense and a lack of Russian training" as Russia fought in multiple sectors.

Persons: —, George Barros, it's, Barros, Vladimir Putin, Matthew Savill Organizations: Service, Business, Russia, Russian Army, Russian Defense Ministry Press Service, AP, UK Ministry of Defence, Royal United Services Institute Locations: Russia, Russian, US, Ukraine, Soviet, Soviet Union, Cuba, Kursk

☆ An aggressive Fed move is unlikely to spur a surprise Bank of England rate cut
▼ + stars: | 2024-09-18 | by ( Jenni Reid | ) www.cnbc.com time to read: +3 min

Commuters outside the Bank of England (BOE) in the City of London, UK, on Monday, Sept. 16, 2024. The central bank's Monetary Policy Committee's interest rate decision is scheduled for release on Sept. 19. Either way, this would be Fed's first rate cut in the current cycle. Meanwhile, money market pricing for a BOE cut at Thursday's September meeting dipped from 35% late Tuesday to 26% Wednesday morning, still slightly higher than it was last week. The move came after U.K. inflation came in at 2.2% for August, steady on July and in-line with expectations — thus backing the need for a little more caution in Threadneedle Street.

Persons: BOE, —, Sanjay Raja, Raja, George Lazarias, Mazars, they're, Lazarias Organizations: Bank of England, City of, Bloomberg, Getty, Federal Reserve, CNBC, Deutsche Bank, Monetary, MPC Locations: City, City of London, China

☆ The Fed’s long-awaited rate cut is colliding with presidential politics
▼ + stars: | 2024-09-18 | by ( Kayla Tausche | ) edition.cnn.com time to read: +7 min

Vice President Kamala Harris called the rate cut “welcome news,” while former President Donald Trump suggested, without evidence, that the decision could be politically motivated. With less than 50 days until Election Day, another question has emerged: Will the rate cut matter to voters? In fact, they already have – mortgages are based on bond yields, which have fallen in recent weeks in anticipation of a rate cut. Harris responded to the rate cut by saying she’s focused on bringing down prices. This story has been updated with reaction to the Fed’s rate cut announcement.

Persons: Biden, Joe Biden, Ukraine —, ’, —, “, ” Biden, Kamala Harris, ”, Donald Trump, Zoila Sanchez, CNN’s John King, ” Sanchez, King, ” Homebuyers, Powell, Jason Furman, Barack Obama’s, “ It’s, ” Furman, George H, Bush, Bill Clinton’s “, –, Clinton, Aaron Klein, ” Klein, Harris, she’s, Trump, they’re, ” Trump, Steve Moore, Powell sanctimoniously, ” Moore, ” Powell, Moore Organizations: CNN, Reserve, White House, Economic, of Washington, Financial, St, Louis Federal Reserve, Brookings Institution, “, Biden, Fed, SPAN Locations: trillions, Ukraine, Nevada, New York

☆ 111 Republican former officials endorse Harris, say Trump is 'unfit to serve'
▼ + stars: | 2024-09-18 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

US Vice President and Democratic presidential candidate Kamala Harris speaks at a campaign rally at the Bojangles Coliseum in Charlotte, North Carolina, on September 12, 2024. More than 100 Republican former lawmakers and officials endorsed Democratic presidential nominee Kamala Harris, while warning that their own party's candidate, former President Donald Trump, is "unfit to serve again." The group, which includes former Trump administration officials as well as those who served under former Presidents Ronald Reagan, George H.W. They acknowledged many Republicans' concerns about Harris and preference for Trump. Eight former members of Congress also endorsed the Democratic ticket of Harris and Minnesota Gov.

Persons: Kamala Harris, Donald Trump, Harris, Trump, Ronald Reagan, George H.W, Bush, George W, William Webster, John Negroponte, Carla Hills, Robert Zoellick, Donald Trump's, irresponsibly, Tim Walz Organizations: Democratic, Bojangles, Republican, U.S . Capitol, Trump, New York Times, CIA, FBI, Minnesota Gov Locations: Charlotte , North Carolina, U.S, Harris

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

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

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

☆ Why these three states are the most consistent tipping point in American politics
▼ + stars: | 2024-09-17 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +21 min

Trump won the presidency in 2016 by stunning Democrat Hillary Clinton to win all three states by a combined margin of about 80,000 votes. But, as in other states, Democrats have been concerned about the risk of depressed turnout and some gains for Trump among Black voters in Philadelphia. Eight years later, the two states split again, when Roosevelt comfortably won Pennsylvania and Michigan narrowly went to Republican Wendell Willkie. This trio of states has arguably become the most consistent tipping point in American politics. In the nine elections since 1920 when they split their vote, the candidate who carried two of these three states won seven times.

Persons: Kamala Harris, Donald Trump –, Trump, Hillary Clinton, Joe Biden, Harris, Bob Shrum, Shrum, Tad Devine, “, Biden, PRRI, William Frey, Tim Marema, don’t, Mason, Dixon, Barack Obama, Tony Evers, Gretchen Whitmer, Josh Shapiro, Republican Sen, Ron Johnson, Dane County, Ben Wikler, Pete Giangreco, ”, You’ve, That’s, Gene Ulm, Roe, Wade, Whitmer, Branden Snyder, It’s, Clinton, Dante Chinni, White, ” Chinni, they’ve, They’ve, Republican pollster Patrick Ruffini, Ruffini, “ I’m, ” Ruffini, Geoff Garin, Michael Dukakis, Republican George H.W, Republican George H.W . Bush, James Buchanan, John C, Franklin D, Roosevelt, Herbert Hoover, Republican Wendell Willkie, Gerald Ford, Jimmy Carter, Theodore Roosevelt’s, Al Gore, John Kerry, Republican Thomas Dewey, Hubert Humphrey, Garin Organizations: CNN, White House, Democratic, Michigan, Wisconsin, AdImpact, Trump, Center, University of Southern, “, Republicans, Survey, Blacks, of Labor Statistics, Public Religion Research, Whites, GOP, Brookings Metro, for Rural, doesn’t, Keystone State, Republican, Center for Rural, Democrats, Biden, Black, White, Wisconsin , Michigan Democrats, Detroit, Electoral, American Communities Project, …, Democrat, Pennsylvania, Republican Party Locations: Michigan, Wisconsin, Pennsylvania, Georgia, North Carolina , Arizona, Nevada, Flint , Michigan, University of Southern California, California , New York, Illinois, Texas, Florida, Ohio, . Michigan, Wisconsin’s, Milwaukee, Philadelphia, Detroit, Waukesha, Ozaukee, Washington, Madison, Dane, Dane County, Eau Claire, Appleton, La Crosse, Outagamie, Winnebago, Green Bay, Green, Chicago, Scranton, Wilkes, Barre, ” Michigan, “ Michigan, Gaza, Wisconsin , Michigan, United States, “ Pennsylvania, Ulm, Pittsburgh, Butler , Pennsylvania, Republican George H.W ., Fremont, North Carolina, Michigan , Pennsylvania, “

☆ Big names like David Tepper and 'Big Short' investor Michael Burry are quietly upping their bets on the Chinese economy
▼ + stars: | 2024-09-17 | by ( Zahra Tayeb | ) www.cnbc.com time to read: +5 min

From property woes to sluggish economic data, China appears to be suffering from long Covid. Wall Street turns bullishBillionaire investors, including Appaloosa Management founder David Tepper and "Big Short" investor Michael Burry, recently revealed they are sticking to their China bets. The famed investor loaded up on Alibaba stock in the second quarter, revealing an $11.2 million position in the company. That makes Alibaba Burry's largest holding, with other Chinese tech stocks including Baidu and JD.com also featuring on Burry's portfolio. Meanwhile, BCA Research recently upgraded Chinese onshore stocks to overweight, with China strategist Jing Sima expecting Chinese onshore stocks to passively outperform global equities.

Persons: Jiang Sheng, It's, Ted Alexander, CNBC's, David Tepper, Michael Burry, Alibaba, Tepper, Burry, JD.com, Jing Sima, George Boubouras, Goldman Sachs, Song Zhiyong, Eric Lin Organizations: Visual China, Getty, Appaloosa Management, KE Holdings, Baidu, BCA Research, K2 Asset Management, CNBC, Bank of America, National Bureau of Statistics, China's Ministry of Transport, Civil Aviation Administration, Asia Pacific Summit for Aviation Safety, Paris Olympic Games, Greater, Greater China Research, UBS Locations: China, Beijing, Wall, Japan, South Korea, Singapore, Europe, Greater China

☆ Tua Tagovailoa: Miami Dolphins QB ‘smiling with his teammates’ and taking things ‘day by day’ after latest concussion
▼ + stars: | 2024-09-17 | by ( George Ramsay | ) edition.cnn.com time to read: +4 min

CNN —Miami Dolphins quarterback Tua Tagovailoa has been “smiling with his teammates” and taking things “day by day” as he recovers from his latest concussion, according to head coach Mike McDaniel. McDaniel comforts Tagovailoa after the quarterback's latest concussion. CNN contacted Tagovailoa’s representatives about the report but did not hear back, while the Dolphins declined to comment. “I think it’s of utmost priority of mind for Tua to speak on Tua’s career,” said McDaniel. After guiding the Dolphins to the playoffs last season, Tagovailoa agreed to a four-year contract extension in the offseason, reportedly worth $212.4 million.

Persons: Tua Tagovailoa, ”, Mike McDaniel, Tagovailoa, Damar Hamlin, “, ” McDaniel, McDaniel, Megan Briggs, Ian Rapoport, Tua, I’m, Skylar Thompson, Tim Boyle, Tyler Huntley, Lynne Sladky, Huntley, Boyle, ” Thompson Organizations: CNN — Miami Dolphins, NFL, Dolphins, CNN, Tagovailoa’s, Bills, Baltimore Ravens, Cleveland Browns, Ravens, Seattle Seahawks

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