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☆ U.S. Fed would view a recession as a 'byproduct' of its goal of controlling inflation: Economist
▼ + stars: | 2022-09-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. Fed would view a recession as a 'byproduct' of its goal of controlling inflation: EconomistDavid Rosenberg of Rosenberg Research says the U.S. Federal Reserve has implied that a recession is on the cards.

Timothy Hale-Cusanelli appears during a virtual hearing in a New Jersey court January 19, 2021 on charges related to the January 6th storming of the U.S. Capitol in Washington. REUTERS/Jane RosenbergWASHINGTON, Sept 22 (Reuters) - A New Jersey man, who was accused of being a Nazi sympathizer and in May was found guilty of charges related to the Jan. 6, 2021, attack on the U.S. Capitol, was sentenced to four years in prison on Thursday, the Justice Department said. Timothy Hale-Cusanelli, 32, of Colts Neck, New Jersey, was sentenced in the District of Columbia on felony and misdemeanor charges stemming from his actions during the Capitol attack, the Justice Department said in a statement. An informant told investigators that Hale-Cusanelli was "an avowed white supremacist and Nazi sympathizer" who had posted online videos espousing extreme political opinions, the Justice Department had alleged earlier in court filings. The Justice Department says it has arrested more than 870 people for crimes related to the breach of the Capitol, including over 265 who were charged with assaulting or impeding law enforcement.

☆ Trump ally Barrack's trial on foreign agent charges moves to opening statements
▼ + stars: | 2022-09-21 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +3 min

Tom Barrack watches jury selection in a courtroom sketch in New York City, U.S. September 19, 2022. Tom Barrack, a private equity executive and onetime fundraiser for former President Donald Trump is charged with acting as a foreign agent without notifying the U.S. government as required. Register now for FREE unlimited access to Reuters.com RegisterThey intend to argue that their interactions with UAE officials were part of their work for DigitalBridge, then known as Colony Capital. Trump may be called as a witness at the trial, Cogan told several jurors. read moreBefore opening statements on Wednesday, prosecutors will eliminate six jurors of their choice, while the defendants will together strike 13.

Ray Ewing/Vineyard Gazette/Handout via REUTERS/File PhotoSept 19 (Reuters) - A Texas county sheriff is opening a criminal investigation into flights that carried dozens of migrants to Martha's Vineyard, Massachusetts, from Texas last week, an act that Florida's Republican governor took credit for and which the White House dubbed a political stunt. San Antonio is the biggest city in Bexar County. read moreDeSantis joins Republican governors from Texas and Arizona in sending migrants to Democratic-controlled cities, including buses of migrants from Texas dropped off near the residence of Vice President Kamala Harris in Washington. DeSantis said last week that Florida paid to fly the migrants to Martha's Vineyard because many migrants who arrive in Florida come from Texas. read moreU.S. border agents made nearly 2 million migrant arrests through August at the U.S.-Mexico border this fiscal year, which began last October, according to government data released Monday.

People gather outside ahead of the arrival of migrants who have been flown from Texas via Florida at Delaware Coastal Airport in Sussex County, Delaware, U.S., September 20, 2022. Florida's Republican Governor Ron DeSantis did not confirm reports of the flight on Tuesday nor did he indicate if he was behind the action. Asked at the White House about his reaction to the possibility of DeSantis sending migrants near his Delaware beach house, Biden told reporters, "He should come visit. Register now for FREE unlimited access to Reuters.com RegisterThe White House said it was coordinating closely with local officials and had received no heads up from DeSantis, with spokesperson Karine Jean-Pierre saying "his only goal is to create chaos." read more"I think it's opening people's eyes to the solution, which is let's have a secure border," DeSantis said in a press conference Tuesday.

☆ Treasury warns against Russia's efforts to evade sanctions with crypto
▼ + stars: | 2022-09-20 | by ( Chelsey Cox | ) www.cnbc.com time to read: +3 min

Russian President Vladimir Putin could use cryptocurrencies to evade U.S. and other sanctions launched against the Kremlin for its unprovoked invasion of Ukraine, a Treasury official told lawmakers Tuesday. Warren said she'd been concerned about the possibility of cryptocurrency being used by Russian elites to bypass sanctions since the country invaded in February. The Treasury Department has already identified Russian entities attempting to circumvent sanctions with crypto. Treasury issued its first-ever sanctions on these "mixers" in May and sanctioned another, "Tornado Cash," in August. Coinbase's chief legal officer, Paul Grewal, told CNBC that the sanctions set "a dangerous precedent," but Rosenberg called them effective.

☆ U.S. senators want secondary sanctions on Russian oil
▼ + stars: | 2022-09-20 | by ( Patricia Zengerle | ) www.reuters.com time to read: +3 min

REUTERS/Dado Ruvic/Illustration/File PhotoWASHINGTON, Sept 20 (Reuters) - Democratic and Republican senators urged U.S. President Joe Biden's administration on Tuesday to impose secondary sanctions on international banks to strengthen a price cap G7 countries plan to impose on Russian oil over Moscow's invasion of Ukraine. The Biden administration has been reluctant to impose secondary sanctions over concerns that they could complicate relations with importers of Russia oil like China and India. The Group of Seven announced the price cap plan this month to limit Russia's lucrative oil export revenue in the wake of the invasion. "And secondly, by keeping Russian oil in the market at lower prices, it will reduce the potential for price spikes in the market." Also at the hearing, Democratic Senator Kyrsten Sinema asked Rosenberg what Washington can do to address the blending of Russian oil by the country's producers with crude from other nations to circumvent sanctions.

☆ Special Master Judge Raymond Dearie presses Trump lawyers on declassification of top secret documents
▼ + stars: | 2022-09-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSpecial Master Judge Raymond Dearie presses Trump lawyers on declassification of top secret documentsFormer U.S. attorney and FBI official Chuck Rosenberg joins Shep Smith to discuss the Trump special master and whether the former president actually declassified any of the top secret documents found at Mar-A-Lago.

DeSantis claimed credit for a pair of chartered flights on Wednesday that carried around 50 migrants to Martha's Vineyard, Massachusetts, as part of a broader Republican effort to shift responsibility for border crossers to Democratic leaders. "There may be more flights, there may be buses," he said to cheers and applause from backers in the crowd. The state paid $615,000 to Vertol Systems Company Inc, an aviation business, on Sept. 8 as part of a "relocation program of unauthorized aliens," Florida state data showed. The flights to Martha's Vineyard follow a busing effort by Texas Governor Greg Abbott, another Republican, that has sent more than 10,000 migrants to the Democrat-controlled cities of Washington, New York and Chicago since April. The Republican governor of Arizona also has sent more than 1,800 migrants to Washington.

Maskot/Getty ImagesPaying with a credit card rather than a debit card or cash gives you more security in the event of fraud. Note that credit card lenders may use many different variations of credit score models when considering your application. Credit card? If you do use a credit card, make sure to pay off your balance in full by the due date to avoid interest charges. If you use your credit card like a debit card, it offers the best protections at checkout.

The White House struck a tentative deal Thursday to avoid a rail strike that risked major disruptions across the United States, with freight workers securing a key demand. Pandemic pressures, including those that scrambled supply chains, worked in freight workers’ favor, logistics experts said. A rail strike would dent many industries, as about 40% of goods that are shipped long-distance rely on the nation’s rail system. Rail workers often are on-call 24/7 year-round and are allotted time off only after being called to a number of consecutive on-call shifts. A labor union source told NBC News that getting rail carriers to negotiate on attendance policies was a major breakthrough.

Our experts answer readers' student loan questions and write unbiased product reviews (here's how we assess student loans). You may consolidate your student loans at the same time, which combines your loans into one. In many cases, refinancing your student loans will do just that. Follow these steps to decide if refinancing your student loans makes sense. Note which loans are federal and which are privateWhile going through your loan list, also note if they are federal student loans or private student loans.

A judge's order approving a special master to review documents the FBI took from former President Donald Trump's Florida home is a deeply flawed and unworkable mess, legal experts told NBC News on Tuesday. Rosenzweig agreed, calling it "absurd" that a special master should be searching out potential executive privilege issues. "I don't know how a special master would proceed, which means inevitable delay and dispute," he said. "I don’t think the appointment of a special master is going to hold up. Saltzburg, who has worked as a special master, said the reason judges generally want special masters "is they want a review to be done quickly and thoroughly, and they don’t have the time to do it themselves."

☆ A Colombian buyer just spent over $10 million on 6 Miami condos before they were even built as some South Americans rush to protect their wealth
▼ + stars: | 2022-09-04 | by ( Zoe Rosenberg | ) www.businessinsider.com time to read: +5 min

Colombians are searching for Miami properties this year more than any other country's residents. COVID-19 caused a shift in preference from commercial to residential real estate as an investment. They see Miami real estate as a safe investmentWhy the turn to US real estate now? They see opportunity in residential real estate, as opposed to commercial real estate, like offices and retail spaces. "People were waiting to see who the next president was going to be, but now they're very afraid," Gomez said of Cipriani's Colombian buyers.

☆ A day in the life of Ryan Serhant, a celebrity broker who's about to list NYC's most expensive home for more than $200 million
▼ + stars: | 2022-09-03 | by ( Zoe Rosenberg | ) www.businessinsider.com time to read: +11 min

The reality-TV star rose to fame on "Million Dollar Listing New York" as an agent to the wealthy. It's a habit he's had since the early days of "Million Dollar Listing New York." It was heavy-weights day, Serhant said, working the entire back of his body. The call's over and Serhant heads into new-agent interviews. 8 p.m.Zena's asleep, so Serhant heads down to his home office and works on getting his inbox to zero for the day.

Read our review Read Our Review A looong arrow, pointing rightReview: Is the Discover it Cash Back the best credit card for you? If you prefer earning cash-back credit card rewards without paying an annual fee, the Discover it® Cash Back is a great choice. How to earn rewards with the Discover it Cash Back cardTo earn the most cash back with the Discover it® Cash Back, you'll have to activate the rotating bonus categories each quarter through your online Discover account. The Discover it® Secured Credit Card, for example, is geared to folks who are new to credit or rebuilding credit. When you open an eligible new Discover card, you'll be able to take advantage of Discover Cashback Match (called Unlimited Bonus with the Discover it® Miles).

Your mortgage interest rate is based in part on how risky lenders consider you to be as a borrower. When you get a mortgage, your mortgage interest rate can make a big difference in how much you pay each month. Points are a way to lower your interest rate by making a cash payment up front. When it comes to the biggest purchase of your life, even a small interest rate savings can be worth tens of thousands of dollars. Using these steps, you can find the lowest possible interest rate for your finances.

Compare the Quicksilver Cash Rewards and Freedom Unlimited Capital One Quicksilver Cash Rewards Credit CardChase Freedom Unlimited® Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. The Chase Freedom Unlimited® is the winner here, offering up 5% cash back in more categories than the Capital One Quicksilver Cash Rewards Credit Card. The Capital One Quicksilver Cash Rewards Credit Card has a similar extended warranty benefit but does not have purchase protection. Both the Capital One Quicksilver Cash Rewards Credit Card and the Chase Freedom Unlimited® can be a great choice. For benefits, the Chase Freedom Unlimited® is a little better for purchase protections but the Capital One Quicksilver Cash Rewards Credit Card offers no foreign transaction fee compared to a 3% fee with the Chase Freedom Unlimited®.

☆ The executive running Oracle's tattered marketing group, called 'the hatchet man' by some employees, is tasked with cutting costs, insiders say
▼ + stars: | 2022-08-26 | by ( Belle Lin | Ryan Joe | ) www.businessinsider.com time to read: +10 min

Oracle's marketing team "imploded" following layoffs and the departure of its CMO this summer. A source told Insider that means salespeople will be selling products to sectors they never had before, including healthcare, which is now a key focus with Cerner. Plus, products like Oracle's cloud infrastructure face competition from tech giants like Amazon, making marketing a key lever in that fight. That morning, nearly 50% of some marketing groups received phone calls that they were being laid off, including Kelman's senior staff, multiple sources told Insider. Oracle's marketing structure, as it once was, is gone.

Compare the Sapphire Preferred and Venture Rewards Chase Sapphire Preferred® CardCapital One Venture Rewards Credit Card Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. The Capital One Venture Rewards Credit Card is better for those looking for really easy and flexible redemptions. Note that credit card lenders may use many different variations of credit score models when considering your application. Chase Sapphire Preferred and Capital One Venture benefits comparisonBoth the Chase Sapphire Preferred and Capital One Venture Rewards Credit Card come with no foreign transaction fees and a wide range of travel and purchase coverage. The Capital One Venture Rewards Credit Card comes with travel accident insurance, secondary car rental insurance, travel emergency assistance, and extended warranty on eligible purchases.

☆ Vowing to invest more in 2023? These apps make it easier for investors to enjoy the perks of real-estate investing without as much capital.
▼ + stars: | 2022-08-20 | by ( Zoe Rosenberg | Jordan Pandy | ) www.businessinsider.com time to read: +2 min

A trend of "fractional ownership" allows almost anyone to purchase or invest in real estate. Via these 11 startups, buyers can invest in shares of an income-producing property or a second home . The main audience for fractional ownership is anyone interested in a property that's not their primary residence — whether it's a vacation home or an investment property. Arrived is one of several companies working to lower the barrier to entry for second-home purchasing and investing. Two types of ownership — vacation and single-family rentals — have doubters.

[1/4] A Hyundai auto plant is seen from inside a Greyhound bus outside of Montgomery, Alabama, U.S., August 13, 2008. REUTERS/Shannon StapletonLUVERNE, Alabama, July 22 (Reuters) - A subsidiary of Hyundai Motor Co has used child labor at a plant that supplies parts for the Korean carmaker's assembly line in nearby Montgomery, Alabama, according to area police, the family of three underage workers, and eight former and current employees of the factory. Underage workers, in some cases as young as 12, have recently worked at a metal stamping plant operated by SMART Alabama LLC, these people said. In a "human rights policy" posted online, Hyundai says it forbids child labor throughout its workforce, including suppliers. Many of the minors at the plant were hired through recruitment agencies, according to current and former SMART workers and local labor recruiters.

☆ Meet 16 top reverse-logistics leaders tackling retail's $761 billion e-commerce returns problem
▼ + stars: | 2022-07-15 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +19 min

Becca Meinz, the vice president of end-to-end supply chain at Best BuyBecca Meinz is the vice president of the end-to-end supply chain for Best Buy. Steve Lewis, the senior vice president of commercial strategy at GXOSteve Lewis is the senior vice president for commercial strategy at GXO. Kraig Foreman, the president of e-commerce at DHL Supply Chain North AmericaKraig Foreman is the president of e-commerce at DHL Supply Chain North America. Eduardo Vilar, the senior vice president of merchant solutions at AffirmEduardo Vilar is the senior vice president of merchant solutions at Affirm. Glen Sutton, the executive vice president at Ceva LogisticsGlen Sutton is an the executive vice president at Ceva Logistics.

Tiny homes had a coming-out party in 2022, as more places began building or budgeting for tiny home villages. Gimmicks aside, tiny homes are being used as solutions to housing crises in cities like Chicago or Bridgeton, New Jersey — where tiny homes are being used to house former inmates for free after their release. The often-modular approach of tiny homes can help reduce construction costs and make housing cheaper. Tiny homes can range in price and aesthetics, but typically remain under 600 square feet. We've compiled a list of the hottest tiny-home companies to look out for in 2023, all shaking up real estate in different ways.

☆ ‘My Aching Heart Is Shattered Into Little Pieces’
▼ + stars: | 2022-06-24 | by ( Patricia Mazzei | Rose Marie Cromwell | ) www.nytimes.com time to read: +1 min

‘My Aching Heart Is Shattered Into Little Pieces’A year ago, Champlain Towers South collapsed in Surfside, Fla. The lives of those who lost loved ones and homes have never been the same. Leer en españolJune 24, 2022SURFSIDE, Fla. — A year later, the shock of the collapse of Champlain Towers South has not worn off. Not for the people whose loved ones died crushed in the rubble. “My aching heart is shattered into little pieces and beyond repair,” Eileen Rosenberg, whose daughter, Malky Weisz, was killed, said in court on Thursday.

Persons: Miamians, Heirlooms, ” Eileen Rosenberg, Malky Weisz Locations: Champlain Towers, Surfside, Fla, Leer, SURFSIDE, —, South Florida

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