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CNN —Attorney General Merrick Garland slammed efforts to turn the Justice Department into a “political weapon” during a fiery speech Thursday to department staff and US attorneys from across the country amid attacks from former President Donald Trump and his allies. Trump and his associates have publicly discussed plans to dismantle the department and its law enforcement components like the FBI, or to prosecute his political enemies. Trump has repeatedly attacked the Justice Department under Biden, claiming without evidence that the president has used the department to criminally pursue him and his allies for political purposes. “They weaponized the Justice Department. Garland also thanked the prosecutors and Justice Department staff for refusing to “bend to politics” and “break under pressure.”“You deserve better,” he said.
Persons: General Merrick Garland, Donald Trump, Garland, , general’s, Trump, ” Garland, Kamala Harris, Biden, Fani Willis, ” Trump, he’s, , CNN’s Devan Cole Organizations: CNN, Justice Department, DOJ, Democrats, Republicans, FBI, Biden, DA, White House, Congress Locations: Washington, Fulton County , Georgia, New York, Atlanta
Ulysses “Junior“ Bridgeman attends Day 2 of 2023 Invest Fest at Georgia World Congress Center on August 27, 2023 in Atlanta, Georgia. Businessman and former NBA player Ulysses Lee "Junior" Bridgeman is buying a 10% stake in the Milwaukee Bucks, according to three sources familiar with the deal. The transaction will value the team at $4 billion. NBA owners will be notified of the sale in a memo Thursday, added the sources, who asked to remain anonymous because the details of the deal are not public. Bridgeman and the Bucks did not immediately respond for comment.
Persons: Ulysses “, “ Bridgeman, Ulysses Lee, Junior, Bridgeman, Ebony Organizations: Invest, Georgia World, Center, NBA, Milwaukee Bucks, Bucks Locations: Atlanta , Georgia
WINDER, Ga. — Many students in Georgia’s Barrow County headed back to class Tuesday, six days after a shooting killed two teachers and two students at the school district’s Apalachee High School northeast of Atlanta. No return date has been set for the 1,900 students at that high school, but the 13,000 students in Barrow County’s other schools did return, including at the middle school and elementary school that border the Apalachee campus in Winder. When her 8-year-old daughter said over the weekend that she was scared to go back to school, Shonderi Williams broke down in her bathroom. She has two daughters Yargo Elementary School and one daughter at Haymon-Morris Middle School, the schools next door. “We know the days ahead are going to be difficult, and that we have some staff and some students who are not ready to return to school,” LeDuff said.
Persons: Shonderi Williams, ” “, ” Williams, , ” Jaime Love, , “ I’m, Love, Cristina Irimie, Mason Schermerhorn, Richard Aspinwall, Christian Angulo, Charlotte Kramon, ” Love, Dallas LeDuff, ” LeDuff, ” Ashley Sanders, they’re, ” Sanders, Irimie, Colt Gray, Brad Smith, Colin Gray, Doug Griffith, Natalie Griffith, “ She’s, ” Doug Griffith, Griffith, Robert Runcie, Runcie, Marjory Stoneman, you’re, Amila Dawson, ” Dawson, Morris Organizations: Apalachee High, Yargo Elementary, Morris Middle School, Associated Press, Apalachee High School, Aspinwall, Church, Authorities, Broward County Public Schools, Marjory Stoneman Douglas High School, AP Locations: WINDER, Ga, Georgia’s Barrow County, Atlanta, Barrow County’s, Apalachee, Winder, Haymon, Winder , Ga, Yargo, , Romanian, GoFundMe, Broward, Florida, Barrow County, Parkland , Florida
CNN —Police have arrested and charged a man for allegedly stealing four Olympic medals belonging to Australian rower Drew Ginn. Authorities said Ginn’s medals were believed to have been stolen from the back of a Land Rover parked in the Victorian capital about a week ago. A GoPro camera, headphones and a wetsuit were also stolen, with police saying Ginn had left them along with the medals inside his car during a speaking engagement at a school. “They were hidden away in the car but the car was ransacked completely so lots of stuff was broken and destroyed,” he added. The 49-year-old voiced hope that, rather than being sold, the medals might find their way back to their rightful owner.
Persons: Drew Ginn, Ginn, , “ They’ve, , ” Ginn, , Australia's Drew Ginn, Duncan, Gregory Bull Organizations: CNN — Police, Authorities, Rover, Olympic, London Olympics, ABC Radio Melbourne, Duncan Free, Police Locations: Brunswick, Melbourne, Atlanta, Beijing
Read previewVice President Kamala Harris and former President Donald Trump met for their first debate on Tuesday night. Kamala Harris made a point to shake hands with TrumpFor the first time since 2016, the two presidential candidates shook hands on the debate stage. "Kamala Harris, good to debate with you," the vice president could be heard saying. AdvertisementThat's a choice, given the performative aspects of a high-stakes presidential debate. AdvertisementFormer President Donald Trump and Vice President Kamala Harris during the ABC News presidential debate.
Persons: , Kamala Harris, Donald Trump, Harris, didn't, Trump, Roe, Wade, Sen, JD Vance, Thomas Matthew Crooks, Joe Biden, Biden Trump, Biden, Putin, Vladimir Putin Organizations: Service, National Constitution Center, Business, Trump, ABC, ABC News Trump, Washington Post, United Locations: Philadelphia, Butler , Pennsylvania, Atlanta, United States, Ukraine, Poland, Pennsylvania
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed Inspector General: Atlanta Fed president Bostic violated Fed trading rulesCNBC's Steve LIesman joins 'Power Lunch' to report on the Fed Inspector General releasing findings that Atlanta Fed President Raphael Bostic violated Fed trading rules.
Persons: Bostic, Steve LIesman, Raphael Bostic Organizations: Atlanta Fed, Fed
A Delta aircraft clipped the tail of another plane Tuesday morning at an Atlanta airport. Video taken at the airport appears to show the Endeavor plane with its tail hanging off the side of the aircraft. There are no reports of injuries and maintenance crews are evaluating for damage, Delta Air Lines said. The Delta flight was headed to Tokyo and the Endeavor Air flight to Lafayette, Louisiana. A damaged Endeavor Air plane on the tarmac at Hartsfield-Jackson Atlanta International Airport after a collision Tuesday.
Persons: Delta, Ronald Reagan, Nathan Pike Organizations: Delta, Hartsfield, Jackson Atlanta International, Endeavor Air, Federal Aviation Administration, Endeavor, Delta Air Lines, Ronald Reagan Washington National Airport, JetBlue, Southwest Airlines, NBC News, American Airlines, FAA Locations: Atlanta, Tokyo, Lafayette , Louisiana, Ronald Reagan Washington
What to watch during the Trump, Harris debate on ABC
  + stars: | 2024-09-10 | by ( Gregory Krieg | ) edition.cnn.com   time to read: +13 min
Here are six things to watch for on Tuesday night:Will Harris deliver the policy message voters say they want to hear? More than her convention speech, the debate will provide a platform for Harris to answer some of those questions. This image shared by ABC News shows the stage in Philadelphia ahead of the debate between Harris and Trump. Rebecca Wright/CNNWhen Harris sticks by Biden’s policies, Trump attacks them and her as a failure. What’s not up for debate is that Biden, though absent in person, figures to be a prominent figure on the debate stage.
Persons: CNN — Kamala Harris, Donald Trump’s –, Trump, Joe Biden, Harris, Biden, , Will Harris, Al Drago, , Zach Wolf, MAGA, CNN’s Dana Bash, ” Harris, Biden’s, Rebecca Wright, parry, What’s, Wade, , Vladimir Putin –, unreservedly Organizations: CNN, Democratic, New York Times, Siena College, Trump, ABC News, ABC, Howard University, Democratic National Convention, Republican, White Locations: Philadelphia, Atlanta, Georgia, Chicago, Mexico, Florida, Gaza, Ukraine, Israel, Trump , Russian, Palestinian
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Baltimore Ravens (0-1)Last week: 3Thursday: Lost to Kansas City Chiefs 27-20Lamar Jackson can’t keep this up. New York Jets (0-1)Last week: 13Monday: Lost to San Francisco 49ers 32-19Let’s focus on the positive: Aaron Rodgers made it through Week 1 perfectly healthy. Cincinnati Bengals (0-1)Last week: 9Sunday: Lost to New England Patriots 16-10Ja’Marr Chase didn’t have a great negotiating week. Atlanta Falcons (0-1)Last week: 15Sunday: Lost to Pittsburgh Steelers 18-10The Falcons spent big on free-agent quarterback Kirk Cousins in the offseason. Cleveland Browns (0-1)Last week: 11Sunday: Lost to Dallas Cowboys 33-17Let’s review the Deshaun Watson situation.
Persons: we’re, Dallas, we’ll, Xavier Worthy, Rashee Rice, Travis Kelce, Xavier, Christian McCaffrey, Heck, Kyle Shanahan, Jordan Mason, McCaffrey, Mason, Brandon Aiyuk, Francisco, Josh Allen, He’s, Steve Young, Keon Coleman, Terrel Bernard, Matt Milano, Joe Mixon, , , Stefon Diggs, Nico Collins, Dan Campbell’s, Jared Goff, David Montgomery, Jameson Williams, Saquon Barkley, Jalen, Jason Kelce, Dak Prescott, Prescott, Tua Tagovailoa, opkRevcnUI, Justin Herbert, Dobbins, Jim Harbaugh, Harbaugh, Baker Mayfield, Mayfield, Baker, Wsb0UiW5hR — Chase Daniel, Derek Carr, Alvin Kamara, Mike Macdonald’s, Kenneth Walker’s, Tariq Woolen, Devon Witherspoon, Macdonald, Mike Macdonald's, Mike Tomlin, Chris Boswell, Justin Fields, Russell Wilson, Kirk Cousins, J.J . McCarthy, Sam Darnold, Darnold, Aaron Jones, Dallas Turner, Keion White, Rhamondre Stevenson, Jacoby Brissett, Drake Maye, Brissett, Bill Belichick, Caleb Williams, D’Andre Swift, Rome Odunze, Greenberg, Lamar Jackson can’t, Jackson, Patrick Mahomes, Derrick Henry, Henry, Anthony Richardson, Alec Pierce, Puka, Matthew Stafford, Cooper Kupp, Kupp, Stafford, Aaron Rodgers, Allen Lazard, Malik Willis, Love, Trevor Lawrence’s, Gabe Davis, Brian Thomas Jr, Marvin Harrison Jr, Maxx Crosby, Christian Wilkins, Antonio Pierce, Chase didn’t, Chase, Tee Higgins, Joe Burrow’s, Will Levis, Levis, Tony Pollard’s, Bo Nix, Joe Nicholson, Sean Payton, Sean McVay, Cousins, Jayden Daniels, Daniels, Tom Brady, Daniel Jones, Barkley, Jones, Malik Nabers, KrhmYcX77S — Alex Wilson, Bryce Young’s, “ We’ve, Dave Canales, Adam Thielen’s, Watson, it’s, Khalil Shakir, Dalton Kincaid, Bryan M, Bennett Organizations: Bears, Texans, NFL, Cleveland Browns, Baltimore Ravens, Chiefs, Super, Bengals, Beat New York Jets, 49ers, Niners, Minnesota Vikings, Beat Arizona Cardinals, Nine Bills, Miami Dolphins, Beat Indianapolis, Cincinnati Bengals, Chicago Bears, Los Angeles Rams, Lions, Tampa Bay Buccaneers, Rams, Green Bay Packers, New York Giants, Former Giants, Atlanta Falcons, Dallas Cowboys, Beat Cleveland Browns, Cowboys, Cleveland, New, New Orleans Saints, Beat Jacksonville Jaguars, Dolphins, Buffalo Bills, Las Vegas Raiders, Ravens, Carolina Panthers, Browns, Panthers, NFC, Detroit Lions, Beat Carolina Panthers, New Orleans, Saints, Beat Denver Broncos, Seattle, New England Patriots, Seahawks, Beat Atlanta Falcons, Steelers, Denver Broncos, Beat New York Giants, Vikings, Atlanta, Eight Vikings, Minnesota, San Francisco 49ers, Beat Cincinnati Bengals, Seattle Seahawks, Beat Tennessee Titans, Houston Texans, Kansas City Chiefs, Indianapolis Colts, Colts, Detroit, Arizona Cardinals, New York Jets, Tennessee Titans, Philadelphia Eagles, Packers, Jacksonville Jaguars, Jacksonville, 33rd Team, Jaguars, Dallas, Los Angeles Chargers, The Raiders, Chargers, Chicago, ET Broncos, Broncos, Pittsburgh Steelers, Falcons, Washington, Fox, Eagles, Carolina Locations: Dallas, Houston, South America, New Orleans, J.K, Tampa Bay, Carolina, England, Baltimore, Jordan, Brazil, Dak, Arizona, Cincinnati, That’s, Tennessee, Seattle, USA, Denver
Lee Abbamonte visited many major cities in the US during his quest to visit all 50 states. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. His list order divided those who agreed with his favorite and least favorite states — and those who didn't.
Persons: Lee Abbamonte, he's, Organizations: Service, Wall Street, Business Locations: Atlanta
Two Delta jets collided on an airport taxiway Tuesday, the airline said. Photos on X showed major damage to the tail section of one of the planes. Go to newsletter preferences Thanks for signing up! AdvertisementTwo Delta Air Lines jets collided on a taxiway at Georgia's Hartsfield-Jackson Atlanta International Airport on Tuesday morning, knocking a chunk of the tail section from one of the planes. Delta Flight 295 was taxiing for departure to Tokyo at 10:10 a.m.
Persons: Organizations: Delta, Service, Air Lines, Georgia's Hartsfield, Jackson Atlanta International Airport, Endeavor Air, Federal Aviation Administration, FAA, Business Locations: Tokyo, Lafayette , Louisiana
At the end of my time at Oxford in 2004, I faced two very different job offers: a private equity position and a teaching job in Washington, D.C. My experience has been incredibly diverse, but almost all my clients involve students with special educational needs. I never expected to teach students with special educational needs, nor do I have the formal training or credentials for it. Almost every job I've had involved travel, whether on a boat or moving from country to country. AdvertisementWealth is an enablerMany clients I've worked with have resources on par with countries' governments.
Persons: Nathaniel Hannan, I've, Weaving, didn't, It's Organizations: Service, International, Oxford, Business, Ivy League Locations: Washington ,, United States, Lucite, Atlanta
The fervor and passion surrounding women's sports aren't going to go away, said Jessica Berman, commissioner of the National Women's Soccer League. Gotfredson noted that fans of women's sports are "fanning differently" and are more engaged "from a brand partner perspective" than those who follow men's sports and male athletes. "It's still a small percentage of brands spending in women's sports," she said. Both Brink and USC's women's basketball star JuJu Watkins agreed that more women's sports games need to be more accessible for fans, with Brink saying "keep showing it and making it easier to watch." Yet Berman said women's leagues have a lot of catching up to do.
Persons: Caitlin Clark, Destanni Henderson, Jessica Berman, They're, We've, Berman, Sara Gotfredson, Gotfredson, Cameron Brink, Angeles Sparks, USC's, JuJu Watkins, Brink Organizations: Indiana, Atlanta, WNBA, Gainbridge Fieldhouse, National Women's Soccer League, CNBC, Trailblazing Sports, Women's National Basketball Association, Google, Ally Bank, AT, Angeles, United States Soccer Federation Locations: Gainbridge, Indianapolis , Indiana
President Donald Trump and his first attorney general, Jeff Sessions, in Quantico, Va., on Dec. 15, 2017. “Please beware that this legal exposure extends to Lawyers, Political Operatives, Donors, Illegal Voters, & Corrupt Election Officials." Since leaving the Trump administration, Clark has argued that the attorney general should not be independent. Davis told NBC News that he does not expect he would fill the role of acting attorney general but that another Trump ally could. Donald Trump, left, and Attorney General William Barr at the White House on May 22, 2019.
Persons: Donald Trump, Trump, “ Trump, , Stephen Gillers, Mark Zuckerberg, Jeff Sessions, Evan Vucci, ” Trump, , Joe Biden, Kamala Harris, Nancy Pelosi, Anthony Fauci, Bill Gates, Jack Smith, Barack Obama, Liz Cheney, Richard Nixon’s, Robert Mueller, general’s, Jeffrey Clark, Jose Luis Magana, Clark, Russ Vought, , ” Clark, Mike Davis, Sen, Chuck Grassley, Neil Gorsuch, ” Davis, Hillary Clinton, George Soros, Davis, General Merrick Garland’s, Trump’s, Stephen Richer, ” Richer, Ilya Somin, Gene Hamilton, William Barr, Chip Somodevilla, Hamilton, ” Gillers, Zuckerberg Organizations: of Justice, New York University Law School, , and Drug Administration, Centers for Disease Control, WIN, Political, Illegal Voters, Democratic National Convention, Republican, Justice Department, White, White House, Democratic, Trump, Conservative Political, DOJ, , Supreme, Washington , D.C, NBC News, Trump DOJ, Capitol, D.C, FBI, George Mason University, Partisan, America, NYU Locations: Quantico, Va, Oxon Hill, Md, America, Iowa, Washington ,, Albany , Atlanta, New York City, Palm Beach, Phoenix, Fort Pierce , Florida, Lago, Maricopa County , Arizona
Waffle House CEO Walt Ehmer dies at 58
  + stars: | 2024-09-09 | by ( The Associated Press | ) www.nbcnews.com   time to read: +1 min
ATLANTA — Walt Ehmer, the president and CEO of Waffle House and a member of the board of trustees for the Atlanta Police Foundation, has died at age 58, the foundation announced Sunday. Steve Helber / AP“His leadership, dedication and warmth touched the lives of many, both within the Waffle House family and beyond. The board of directors for Waffle House issued a statement Sunday afternoon saying Ehmer died after a long illness. Ehmer was chair of the Georgia Tech Alumni Association Board of Trustees from 2012 to 2013 and served numerous organizations, including the Georgia Tech Foundation Board and the Georgia Tech Advisory Board. The Waffle House chain of around-the-clock diners opened in 1955 and now boasts more than 1,900 locations in 25 states.
Persons: Walt Ehmer, Ehmer, Hurricane Florence, Steve Helber, , Andre Dickens, Organizations: ATLANTA, Waffle, Atlanta Police Foundation, Waffle House, Georgia Tech University, Georgia Tech Alumni Association, Georgia Tech Foundation Board, Georgia Tech Advisory Board, The Atlanta Locations: Wilmington, N.C, Hurricane, Ehmer
The US economy is not facing a recession, says Apollo chief economist Torsten Sløk. Sløk cites strong employment data, wage growth, and consumer spending as key indicators. AdvertisementThe US economy is cruising toward a soft landing with no recession on the table, according to Apollo chief economist Torsten Sløk. "Daily data for debit card transactions shows that consumer spending has been accelerating in recent weeks," Sløk said. That's not something you see right before a recession hits the economy, according to Sløk.
Persons: Torsten Sløk, Sløk, Organizations: Service, Sløk, Atlanta
Since Harris replaced President Joe Biden as the Democratic nominee, Trump has constantly attempted to portray her as weak on immigration and crime. On Friday, Harris also chose not to mention mass deportation during a radio interview with Univision, when the host asked her to summarize her argument to undecided Hispanic voters. “There is a way in which those [crime and immigration] issues in particular are also about bigger things,” said Adrianne Shropshire, executive director of BlackPAC, a group working to mobilize Black voters for Harris and Democrats. And many of those voters might recoil from these Trump policies on crime and immigration if they heard more about them. “What he is hoping is that the Black voters who he is [courting] don’t see that stuff,” Shropshire said.
Persons: Kamala Harris, Donald Trump, Trump, Harris, Joe Biden, Gary Segura, UnidosUS, Segura, Ohio Sen, JD Vance, Stephen Miller, Miller, Michael Ettlinger, Goldman Sachs, Jeffrey Passel, Passel, Rudolph Giuliani, Michael Bloomberg, Black, Ed Chung, Vera Action, Tim Walz, Trump’s, she’s, surrogates, , Adrianne, , ” Segura, ” Tom Wong, Wong, ” Wong, Daniela Gilbert, That’s, Biden, Gilbert, ” Gilbert, ” Anthony Baber, Baber, “ Trump, ” Baber, ” Harris, She’s, Chung, , Dana Bash, , Daniel Cox, BlackPAC Organizations: CNN, Democratic, Unidos, , White, Trump, of Police, National Guard, University of New, Carsey, of Public, Boston Globe, Pew Research Center, New York Police Department, Minnesota Gov, Univision, Black, GOP, US Immigration, Center, University of California, America’s, Marquette Law School, Religion Research Institute, Detroit, Whites, Survey Center, American Enterprise Institute Locations: California, Wisconsin, Texas, New York City, Phoenix, Las Vegas, Philadelphia, Atlanta, Savannah, Adrianne Shropshire, San Diego, United States, CNN’s, Michigan, Pennsylvania, Shropshire, ” Shropshire
Soon after, the mother’s syphilis test — given to all women before delivery — came back positive. In 2022, the Centers for Disease Control and Prevention reported more than 200,000 syphilis cases — the highest counts since 1950. Spreading the word about syphilisSome public health departments have launched eye-popping awareness campaigns, trying to raise the alarm among both the public and health care providers. Make syphilis testing convenientBeyond greater awareness, access to testing and treatment needs to be quick, easy and convenient, Chokshi said. But permanently bending the syphilis curve will require scaling these efforts nationally and promoting greater coordination between health care and public health.
Persons: Irene Stafford, Stafford, , It’s, could’ve, they’re, , Kenneth Mayer, Mayer, Dave Chokshi, Donna Fox, Fox, ” Fox, “ We’re, , Lucas, they’ve, we’re, ” Stafford, Chokshi, Jessica Leston, Jessica Leston “ We’re, ” Leston, Trojan Carvajal, Jai Winchell, Winchell, Arlene Seña, it’s, ” Seña, don’t, Seña, that’s, ” Chokshi Organizations: University of Texas Health Sciences Center, Centers for Disease Control, CDC, Fenway Institute, Common Health Coalition, Health, Lucas County Health Department, Alaska Natives, Johns Hopkins School of Medicine, STI, Mobile Care Clinic, Shasta, University of North, Hospital, University of Chicago, U.S, Fenway Health Locations: Houston, U.S, Boston, New York, Toledo, Lucas County, Ohio, Texas, Alaska, Cass, Minnesota, California, Shasta County, Oregon, Shasta, University of North Carolina, Grady, Atlanta, America
Breaking Dawn was one of two places that opened in the San Francisco Bay Area last spring emphasizing brunch. Asian American restaurants in other cities have also found that sweet and savory spot between breakfast and lunch. Jessica Nguyen, 28, who was finishing brunch at Breaking Dawn, says she’ll almost always choose Asian brunch over regular eggs or waffles. Within the last few decades, Asian and Asian American cuisine has become more popular through media and savvy foodies. She doesn’t see other restaurants with Asian brunch as rivals.
Persons: Dawn, Liz Truong, Terry Tang, , Truong, Lerspreuk, Thanasit “ Toto ” Nanthasitsira, yum, , Chef Francis Ang, buttered, Jessica Nguyen, she’ll, Nguyen, Martin Manalansan, ” Manalansan, “ It’s, There’s, Eric Silverstein, Silverstein, we’re, ” Silverstein Organizations: GATOS, FO, Breaking, San Francisco Bay Area, NBC Asian Locations: Calif, Bay, sunnyside, Los Gatos, San Francisco Bay, San Mateo, Thailand, Francisco’s, China , Hong Kong, Taiwan, Austin , Texas, Tokyo, Atlanta, NBC Asian America
The next campaign finance disclosure deadline for Harris' campaign is Sept. 20. NBC News has asked the Harris campaign for comment. After the convention, Harris campaign officials said they had raised more than $540 million since Harris took the reins of the campaign. The whopping fundraising numbers for Harris come just after the Trump campaign reported it and related entities raised $130 million in the month of August, with nearly $300 million cash on hand. Trump's campaign reported that 98% of the month's donations came in at less than $200.
Persons: Kamala Harris, Donald Trump's, Harris, Joe Biden's, Tim Walz, Trump, Trump's, Biden, Brian Hughes Organizations: NBC News, Democratic, Minnesota Locations: Savannah GA, United States, New York, Atlanta, Los Angeles, San Francisco, Chicago, Trump's America
Roth contributions don't get the same upfront tax break: Investors fund Roth IRAs with after-tax money, but generally don't pay income taxes on earnings or withdrawals in retirement. The 'only reason' to save in a nondeductible IRALordhenrivoton | E+ | Getty ImagesHigh earners can contribute to a so-called nondeductible IRA, however. The ability to use the backdoor Roth IRA is a major benefit of these accounts, tax experts said. watch now"The only reason you'd do [a nondeductible IRA] is if the intention was to do a backdoor Roth," Slott said. "All high wage earners should consider looking at both a backdoor Roth IRA and a mega backdoor Roth IRA if they can't set up a Roth IRA," said Ted Jenkin, a certified financial planner and founder of oXYGen Financial, based in Atlanta.
Persons: Thomas Barwick, Roth, Slott, Ted Jenkin, He's Organizations: Investors, Roth IRA, IRA, CNBC, Taxpayers, IRS, Arnold, Mote Wealth Management, Medicare, nondeductible Locations: deductibility, Atlanta, Hiawatha , Iowa
A group of Amazon delivery drivers hold a labor strike at the DAX7 Amazon Sortation Center in South Gate. Amazon should be considered a "joint employer" of some of its contracted delivery drivers, a regional director for the National Labor Relations Board said Wednesday. Amazon has fought to avoid being designated as a joint employer of its sprawling network of contracted delivery companies. Over the past year, the Teamsters has stepped up its efforts to organize Amazon delivery and warehouse workers. Since then, it's led a number of strikes at Amazon delivery facilities, while a labor group at an Amazon warehouse on New York's Staten Island opted to affiliate with the Teamsters in June.
Persons: it's, Kayla Blado, litigating Organizations: Amazon Sortation, National Labor Relations Board, NLRB, Amazon, MJB Logistics, Teamsters Locations: South Gate, Atlanta, Palmdale , California, New, Staten, Palmdale
Atlanta Federal Reserve President Raphael Bostic signaled Wednesday that he is ready to start lowering interest rates even though inflation is still running above the central bank's target. The Fed's preferred measure showed inflation running at a 2.5% rate in July, and just a slightly higher 2.6% core rate when excluding food and energy. His comments also come two days before what is expected to be a pivotal nonfarm payrolls report as most economists see the labor market losing momentum. However, the data and our grassroots feedback describe an economy and labor market losing momentum," he said. Indeed, he cited multiple factors indicating that inflation is progressing convincingly back to the Fed's target as the labor market moderates.
Persons: Raphael Bostic, Bostic Organizations: Atlanta Federal Reserve, Atlanta Fed's Locations: Atlanta
An inverted yield curve, in which the nearer-duration yield is higher, has signaled most recessions since World War II. However, a normalization of the curve does not necessary signal good times ahead. In fact, the curve usually does revert before a recession hits, meaning the U.S. could still be in for some rough economic waters ahead. Job openings had exceeded labor supply by more than 2 to 1 at one point, aggravating inflation that had been at its highest level in more than 40 years. That part of the curve is still steeply inverted, with the difference now at more than 1.3 percentage points.
Persons: Raphael Bostic, Quincy Krosby Organizations: CME Group, Atlanta Fed, LPL, Labor Department, Atlanta Federal Reserve Locations: Chicago, U.S
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