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☆ Andy Murray: After spinal cyst surgery, tennis star’s retirement plan comes into sharper focus
▼ + stars: | 2024-06-27 | by ( Ben Church | Jill Martin | ) edition.cnn.com time to read: +2 min

If Murray is unable to play singles, he may still participate in the men’s doubles alongside his brother Jamie. “I’m going to wait until the last minute to see if I’m going to be able to and I’ve earned that right to do that. I would say it’s probably more likely that I’m not able to play singles right now. That can be special as well.”Looking beyond Wimbledon, Murray is planning his retirement from the sport and says the Olympic Games in Paris could well be his last tournament. “But if I’m able to play at Wimbledon and if I’m able to play at the Olympics, that’s most likely going to be it.”

Persons: Andy Murray, Murray, he, Jamie, ” Murray, I’m, I’ve, “, that’s, ” Organizations: CNN, Wimbledon, Queen’s, Olympic Games Locations: London, Wimbledon, Paris, New York

"The stock price has lagged but we don't see any other catalysts medium term, hence we are moving to the sidelines." Micron shares were down 5% in the premarket. The analyst reiterated a buy rating on Micron stock with a $175 per share price target, implying nearly 23% upside from Wednesday's $142.36 close. He raised his price target to $158 per share price from $138, calling for 11% upside. Arya maintained a buy rating on Micron stock with a $170 per share price target, or about 19% upside moving forward.

Persons: Vivek Juneja, — Brian Evans, TD Cowen, Cowen, John Blackledge, Keefe, David Konrad, Brian Evans, Christopher Danely, Goldman Sachs, Toshiya Hari, Hari, Vivek Arya, Arya, Caio Ribeiro, Ribeiro, Fred Imbert Organizations: CNBC, Micron Technology, Bank of America, Petrobras, JPMorgan downgrades U.S, Bancorp, JPMorgan, U.S . Bancorp, New York Mellon, Bank of New, Bank of New York Mellon, BK, Mellon, Micron, MU, Citi Locations: Brazil, U.S, Bank of New York, CY2025

☆ Sewell Chan Named Editor of Columbia Journalism Review
▼ + stars: | 2024-06-27 | by ( Katie Robertson | More About Katie Robertson | ) www.nytimes.com time to read: 1 min

Sewell Chan, the editor in chief of The Texas Tribune, will become the next executive editor of the Columbia Journalism Review. Mr. Chan, 46, has helmed The Tribune, a pioneering nonprofit newsroom, since October 2021. He will join CJR on Sept. 16, the publication announced on Thursday. CJR, which covers the media industry, has been published by the Columbia University Graduate School of Journalism since 1961. “It’s always been an intellectual leader in our field, especially on news ethics and decision-making,” Mr. Chan told The New York Times.

Persons: Sewell Chan, Chan, “ It’s, ” Mr, ” Organizations: The Texas Tribune, Columbia, Tribune, Columbia University Graduate School of Journalism, New York Times

☆ Osgemeos Rocked Brazil. Can the Graffiti Twins Take New York?
▼ + stars: | 2024-06-27 | by ( Jill Langlois | ) www.nytimes.com time to read: +1 min

Just inside the door to the studio of the Brazilian artists Osgemeos is a self-portrait. Spray painted onto the concrete wall of the old metal workshop’s entryway, the image shows the identical twins Otávio and Gustavo Pandolfo, 50, standing next to each other, hands at their sides and looking forward. They’re wearing colorful printed clothing, bags slung over their shoulders and baseball caps propped on their heads. Here, preparations are underway for “Endless Story,” their first museum survey of work in the United States. One of the brothers’ imposing sculptures, wrapped in black plastic so it can be shipped for the exhibition, hangs from chains on the sweeping ceiling and another is tucked away in a corner, a smidgen of what looks like a subway car visible.

Persons: Osgemeos, Otávio, Gustavo Pandolfo Organizations: Smithsonian’s Hirshhorn Museum, Washington , D.C Locations: Brazil, United States, Washington ,

☆ Walgreens slashes profit guidance, citing 'challenging' environment for consumers and pharmacies
▼ + stars: | 2024-06-27 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +2 min

A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, in Manhattan, New York City, on Nov. 26, 2021. Walgreens on Thursday reported fiscal third-quarter earnings that fell short of expectations and slashed its full-year adjusted profit outlook, citing a "challenging" environment for pharmacies and U.S. consumers. Still, Walgreens topped revenue estimates for the quarter on strong performance in its health-care segment. The company reported a net income of $344 million, or 40 cents per share, for the quarter. The company has not offered that guidance since October, when it said it expected $141 billion to $145 billion in sales.

Persons: Tim Wentworth, we've, Wentworth Organizations: Walgreens, Walgreens Boots Alliance, CNBC, LSEG Locations: Manhattan , New York City

☆ Supreme Court rejects multibillion-dollar Purdue Pharma opioid settlement that shielded Sackler family
▼ + stars: | 2024-06-27 | by ( John Fritze | ) edition.cnn.com time to read: +3 min

As the nation continues to grapple with the opioid epidemic, the Sackler family had agreed to pay $6 billion to families and states as part of an agreement to wind down Purdue Pharma, the maker of OxyContin. In exchange, the Sackler family would be immunized from future civil liability claims. Those supporting the bankruptcy argued the yearslong process had gone on long enough and was unlikely to yield additional money from the Sackler family. The vast majority of known current opioid victims and their families supported the agreement. But the Justice Department said it was a raw deal for victims – particularly potential future victims.

Persons: Sackler, Neil Gorsuch, ” Gorsuch, “, ” Kavanaugh, ”, John Roberts, Sonia Sotomayor, Elena Kagan Organizations: Washington CNN, Chief, Congress, Purdue Pharma, Department Locations: New York

☆ Trump will debate Biden while still bound by gag orders. Here's what he can't say
▼ + stars: | 2024-06-27 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

President Joe Biden and former President Donald Trump 2024. Kevin Lamarque | Jay Paul | ReutersWhen he faces President Joe Biden in Thursday's debate, former President Donald Trump will have to watch his tongue. Trump is still bound by multiple court-imposed gag orders that limit what he can say about his sprawling portfolio of legal troubles. The hush money gag orderTrump has grappled with the gag order applied by Manhattan Supreme Court Judge Juan Merchan during the ex-president's historic criminal hush money trial. But Merchan on Tuesday partially lifted the order, allowing Trump to speak about trial witnesses and the jurors.

Persons: Joe Biden, Donald Trump, Kevin Lamarque, Jay Paul, Trump, Biden, Juan Merchan, Stormy Daniels, Attorney Alvin Bragg, Merchan, Daniels, Michael Cohen, Donald Organizations: Reuters, Trump, NBC News, Republican, Democratic, Manhattan, Attorney, NBC Locations: New York, Manhattan

☆ Presidential debate live updates: Biden faces Trump in Atlanta
▼ + stars: | 2024-06-27 | by ( Dan Mangan Kevin Breuninger Christina Wilkie Brian Schwartz Rebecca Picciotto Josephine Rozzelle | Dan Mangan | Kevin Breuninger | ) www.cnbc.com time to read: 1 min

President Joe Biden and former President Donald Trump are squaring off in their first debate of the 2024 White House race in Atlanta on Thursday night. NBC News Now will stream CNN's Presidential Debate live. The 90-minute debate comes as Trump faces two pending criminal prosecutions over the Republican's efforts to overturn his defeat as president in the 2020 election to the Democrat Biden. There will be no studio audience for the debate, and each candidate's microphone will be muted when it is their opponent's turn to speak. CNBC's team of politics and economics reporters will be covering the candidates, the lead-up and the debate live from Washington, D.C.; CNBC Global Headquarters in Englewood Cliffs, New Jersey; and New York City.

Persons: Joe Biden, Donald Trump, Democrat Biden, Jake Tapper, Dana Bash Organizations: White, NBC, Trump, Democrat, CNN, Washington , D.C, CNBC Global Headquarters, New Locations: Atlanta, Washington ,, Englewood Cliffs , New Jersey, New York City

☆ Why some restaurants and bars are banning younger patrons
▼ + stars: | 2024-06-27 | by ( Harmeet Kaur | ) edition.cnn.com time to read: +11 min

Barounis says his age policy was rare back then, and some at the time questioned his decision to keep out younger customers. As Barounis sees it, the uproar over the restaurant’s age policy suggests it might have been too extreme. But the conversation around the restaurant’s unconventional age policy raises some interesting questions: To what extent can businesses dictate who their customers are? In fact, Bliss owner Marvin Pate tells CNN his positive dining experiences at adults-only resorts are what inspired his restaurant’s age policy. Marvin Pate, owner of Bliss, says his restaurant's age policy was inspired by his and his wife's experiences at adults-only resorts.

Persons: Johnny B, Barounis, ” Barounis, Bliss, Louis, ”, Marvin Pate, Tina Pate, ” Pate, it’s, Pate, Trey Lindley, Lindley, Troy Hahn, ” “, he’s, Bliss aren’t, Jason Kaplan, Kaplan, “, you’re, ” Kaplan, Eddie Fahmy, Toya Taylor, she’s, Bliss ’ Organizations: CNN, Villanova, Bliss, Lindley, Facebook, JK Consulting, A2Z, Consulting Locations: New York’s, Missouri, Caribbean, St, North Carolina, Columbus , Ohio, New York, Bliss, Long, San Antonio

☆ ‘The Bear’ Is a Portrait of Food Culture Run Amok - The New York Times
▼ + stars: | 2024-06-27 | by ( Aaron Timms | ) www.nytimes.com time to read: +3 min

Some time over the past few decades, a strange thing happened: We started treating chefs as temperamental rock stars and restaurants as a barometer of cultural vitality. But with growing cultural importance came heightened scrutiny of the restaurant industry’s failings: poor pay, punishing hours, a toxic culture of macho aggression and brutality. Into this environment in 2022 came “The Bear,” a show that seemed both forged in the fire of the food world’s worst excesses and determined to seek a way out of the inferno. But the televised fantasy of a better, more moral restaurant culture — with better, more moral chefs — is part of what makes the show such intoxicating entertainment. Carmy exhibits both the worst and the best elements of the tortured chef-genius archetype.

Persons: Carmen Berzatto, —, Céline, Picasso, Beethoven, David Chang, Marco Pierre White, Mario Batali, Anthony Bourdain Organizations: Mission Locations: New York, Los Angeles, Chicago

☆ Fact checking the CNN presidential debate
▼ + stars: | 2024-06-27 | by ( Cnn Staff | ) edition.cnn.com time to read: +69 min

CNN —President Joe Biden and former President Donald Trump faced off during CNN’s presidential debate in Atlanta Thursday night. From CNN’s Daniel DaleFormer President Donald Trump and President Joe Biden debate at CNN's Atlanta studios on June 27, 2024. From CNN’s Daniel Dale and Ella NilsenFormer President Donald Trump, left, and President Joe Biden take part in the CNN presidential debate on Thursday, June 27. From CNN’s Alicia WallaceFormer President Donald Trump and President Joe Biden debate at CNN's Atlanta studios on June 27, 2024. Kpler found that China imported about 511,000 barrels per day of Iranian crude in December 2020, Trump’s last full month in office.

Persons: Joe Biden, Donald Trump, Biden, Trump “, “, ” Trump, ”, Trump, ” John Kelly, servicemembers, Kelly, Jim Sciutto, Daniel Dale, Kaanita Iyer, Roe, Wade, That’s, Wade ”, Kimberly Mutcherson, “ Donald Trump’s, Maya Manian, Trump’s, Mary Ziegler, Davis, Ziegler, Ruth Bader Ginsburg, Roe should’ve, ’, Will Lanzoni, ” Biden, corpsman —, Hamid Karzai, CNN’s Haley Britzky, didn’t, Priscilla Alvarez, George Floyd, Tim Walz, Walz, Paul –, CNN’s Holmes Lybrand, Daniel Dale FACT, European Union won’t, Ella Nilsen, Jill Biden, Jake Tapper, Dana Bash, Adam Rose, CNN US Sen, Marco Rubio, CNN Trump, Austin Steele, CNN Biden, Tristen Rouse, CNN Tapper, Robert F, Kennedy Jr, Kennedy, CNN MJ Lee, Mandel Ngan, Megan Varner, Reuters Kennedy, Burk Stringfellow, Iran “, Mike Pompeo, ” Pompeo, Tami Luhby Trump, CNN’s KFILE, weren’t, Hillary Clinton, affirmatively, it’s, what’s, –, Alicia Wallace, Obama, CNN’s Ella Nilsen, you’re, Biden’s, Hunter Biden, Joe Biden’s, Viktor Shokin, Shokin, CNN’s Marshall Cohen, “ It’s, Rick Muskat, CNN.So, Morgan, Katie Lobosco, Alvin Bragg’s, Bragg, Jack Smith, Smith, General Merrick Garland, Garland, Matthew Colangelo, Colangelo, I’ve, there’s, Iran haven’t, ” Matt Smith, Ali Vaez, Kpler, Gary Engelhardt, Jason Richwine, ” Richwine, Tami Luhby, Confederate, Robert E, Lee, marchthat, “ I’m, Elle Reeve, Ralph Northam, Jen Christensen, ” Trump’s, Ronald Reagan’s, Barack Obama, George W, ‘, ’ ” Trump, CNN’s Jen Christensen, Pelosi, Nancy Pelosi, “ Nancy Pelosi, …, Alexandra Pelosi, Aaron Bennett, Cherry, Christopher Miller, Miller, Charis Kubrin, CNN’s Catherine Shoichet, ” Kubrin’s, Graham Ousey, College of William & Mary, Erwan, George Washington, Marshall Cohen, ” Howard Gleckman, Gleckman, Emmanuel Saez, Gabriel Zucman “, Howard Gleckman, ” Gleckman Organizations: CNN, Trump, Homeland Security, SSRS, Marquette Law School, NBC, Gallup, ” Rutgers Law, American University, university’s Health, University of California, Atlanta, US Navy, Border Patrol, Border Patrol Council, National Guard, Minneapolis Former, Minnesota Democratic Gov, Minnesota National Guard, Guard, EU, European Union, US, European Automobile Manufacturers ’ Association, CNN US, Biden, House, CNN Biden's, CNN Biden, White House, Getty, Reuters, State, Medicare, Black, of Labor Statistics, Republican, Burisma Holdings, International Monetary Fund, Republicans, House Republicans, US International Trade Commission, US Customs, Deer Stags, Peterson Institute for International Economics, Justice Department, DOJ, DC, federal, Department, Democrat, Americas, Crisis, Social Security, Social, General Internal Medicine, “, Syracuse University, Center for Immigration Studies, Electoral, White, Nazi, US Centers for Disease Control, Former Virginia Gov, United, China Former, China, Hamas, ISIS, Trump’s, Democratic, Congressional, Capitol, Colorado Supreme Court, US Food, Guttmacher Institute, California Democrat, Capitol Police Board, Senate, District of Columbia National Guard, College of William &, NATO, Atlantic Treaty Organization, George Washington University’s Elliott School of International Affairs, Transatlantic, Urban, Brookings Tax, Urban Institute, ”, Tax, Center Locations: Atlanta, France, Afghanistan, Kabul, Jordan, Iran, Somalia, Yemen, Yakushima Island, Japan, Minneapolis, Portland, Minnesota , Minneapolis, St, EU, Georgia, CNN's, Washington ,, AFP, Lebanon, Israel, what’s, Paris, China, India, Russia, United States, Ukrainian, Ukraine, lockstep, American, Manhattan, New York , Georgia, Florida, Washington, New York, York’s, Mexico, Kpler, Malaysia, Charlottesville, Charlottesville , Virginia, White, Virginia, Northam, East, “, New York City, Saudi, al Qaeda, Texas, Colorado, California, Trump, Irvine, Germany, Berkeley

The Opinion Video above lays out the unique challenges facing President Biden and Donald Trump when they meet in Atlanta on Thursday for their first 2024 presidential debate. A lot has happened in the four years since they last appeared together on a debate stage, including a violent insurrection at the U.S. Capitol, many more months of a raging pandemic, the overturning of Roe v. Wade, galloping inflation and the outbreak of wars in Ukraine and the Middle East. Indeed, there’s no shortage of matters for the two men to discuss. In the Opinion Video above, we draw on footage of their past performances, in debates as well as on the campaign trail, to show what each candidate needs to do — and what he needs to avoid — to win the day. The stakes are high, and so is the risk of failure.

Persons: Biden, Donald Trump, Roe, Wade Organizations: U.S . Capitol Locations: Atlanta, Ukraine

☆ Inside Rudy Giuliani's bankruptcy spending: $100 on pizza, $4 polyester ties, and 'deep bronze' tanning lotion
▼ + stars: | 2024-06-27 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +11 min

They also include quite a few Amazon purchases, including cheap ties and "deep bronze" tanning lotion. For the first time, Giuliani disclosed the financial details of Giuliani Communications, the company he owns that produces his video livestreams on social media. On a monthly basis, Giuliani Communications spends more money than it makes — even before the WABC cancellation. Earlier filings were compiled by Joseph Ricci, an accountant whose firm was paid $4,000 by Giuliani Communications in May. Ricci has since declined to work on the banruptcy, Giuliani's lawyers have said.

Persons: —, Rudy Giuliani, Giuliani, Maria Ryan, it's, Donald Trump, Tanner, Bice, Giuliani —, Wandrea Moss, Ruby Freeman, Jose Luis Magana It's, Giuliani's, Mike Lindell, John Catsimatidis, Ryan Organizations: Service, New, New York City, Business, Giuliani Communications, New York, eBay, Verizon, Citi, AP, Giuliani's, WABC, Republican Locations: New York, Arizona, New York City, Amazon, Manhattan, Palm Beach, Washington , DC, MyPillow, American

The first presidential debate of 2024 between President Biden and former President Donald J. Trump offers both men the rare chance to tilt the direction of a race that has so far been defined by its stability. Credit... Kenny Holston/The New York Times

Persons: Biden, Donald J, Kenny Holston Organizations: Trump, New York

☆ Bronny James selected by Lakers with No. 55 pick in NBA Draft, joins father’s team
▼ + stars: | 2024-06-27 | by ( Mike Vorkunov | ) www.nytimes.com time to read: +4 min

Bronny James, the eldest son of Lakers star LeBron James, indeed has a home in the NBA, on his father’s team. “My dream has always just been to put my name out, make a name for myself, and, of course, get to the NBA,” James said at the NBA Draft Combine in May. Bronny: Los Angeles Laker. pic.twitter.com/TvhkzEs9sO — Los Angeles Lakers (@Lakers) June 27, 2024The Lakers went 47-35 last season, falling to the Denver Nuggets in the first round of the playoffs. pic.twitter.com/BnxozT7CGj — NBA (@NBA) June 27, 2024“It’s still lingering,” he said.

Persons: Bronny James, LeBron James, James ’, ” James, Bronny, James, BnxozT7CGj, “ It’s, ”, “, ” James ’, Bryce, Jason Merritt, stapled, LeBron, Rich Paul, @Lakers, ‘, ’ ”, I’ve, Jeff Haynes, NBAE Organizations: Lakers, NBA, Los Angeles Lakers, Los Angeles Laker, Denver Nuggets, LeBron, USC, State, ESPN, Cleveland Cavaliers, Getty, Phoenix Suns, Klutch Sports Locations: Los, Southern California, that’s

☆ Rate the Presidential Debate - The New York Times
▼ + stars: | 2024-06-27 | by ( New York Times Opinion | ) www.nytimes.com time to read: 1 min

The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com. Follow the New York Times Opinion section on Facebook, Instagram, TikTok, WhatsApp, X and Threads.

Organizations: New York, Facebook

☆ OpenAI and Time strike multiyear deal to improve ChatGPT with journalistic content
▼ + stars: | 2024-06-27 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

OpenAI and Time magazine on Thursday announced a "multi-year content deal" that will allow OpenAI to access current and archived articles from more than 100 years of Time's history. OpenAI's use of Time's content will feature a citation and link back to the original source, the release said. In December, The New York Times filed a lawsuit against Microsoft and OpenAI, alleging intellectual property violations related to its journalistic content appearing in ChatGPT training data. Martin and Jodi Picoult, sued OpenAI alleging copyright infringement in using their work to train ChatGPT. In July, two authors filed a similar lawsuit against OpenAI, alleging that their books were used to train the company's chatbot without their consent.

Persons: Reddit, OpenAI, Jonathan Franzen, John Grisham, George R.R, Martin, Jodi Picoult Organizations: Microsoft, OpenAI, News Corp, Street, The New York Post, The New York Times, Southern, of Locations: The, U.S, of New York

☆ French players make history with top two picks in 2024 NBA Draft
▼ + stars: | 2024-06-27 | by ( Andrew Mcnicol | Jacob Lev | ) edition.cnn.com time to read: +3 min

The Washington Wizards took fellow Frenchman Alexandre Sarr with the second overall pick. “He gave me all his knowledge to this day, and it’s really special to have someone like him in my corner.”Two more French players featured in the draft’s top 30. With the sixth overall pick, the Charlotte Hornets selected 18-year-old power forward Tidjane Salaun, while the New York Knicks picked Pancome Dadiet in 25th. France has had a handful of prominent faces in the league’s history, most notably four-time NBA champion Tony Parker and two-time NBA All-Star Joakim Noah. Excluding the new draftees, there are a total of 10 active French players in the NBA.

Persons: Frenchman, Victor Wembanyama’s, Zaccharie Risacher, JL, “, ” Risacher, Frenchman Alexandre Sarr, Alex Sarr, Timothy A, Clary, Olivier, ”, Sarr, it’s, Salaun, Pancome Dadiet, Tidjane Salaun, Sarah Stier, Melvin Ajinca, Armel Traore, “ Wemby ”, Rudy Gobert, Tony Parker, Joakim Noah Organizations: CNN —, NBA, San Antonio Spurs, Atlanta Hawks, ESPN, Washington Wizards, Perth, Australian National Basketball League, NBA’s Oklahoma City Thunder, Charlotte Hornets, New York Knicks, Spurs, France, Minnesota Timberwolves Locations: CNN — France, Brooklyn , New York, Bresse, France

☆ U.S. needs major nuclear power expansion to meet rising electricity demand, Southern Company CEO says
▼ + stars: | 2024-06-27 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

"This country will need more nuclear plants going forward," Chris Womack said at the Reuters Global Energy Transition conference in New York City. This is equivalent to about 10 new nuclear plants with a single reactor each. Based on market capitalization, Southern Company is the second largest name in the Utilities Select Sector SPDR Fund (XLU) . After two decades of nearly flat power growth, Southern Company is now expecting demand to grow by three to four times, the CEO said. "You're also seeing in the Southeast, this incredible population growth and you're seeing all this onshoring with manufacturing."

Persons: Chris Womack, It's, Womack Organizations: Southern Company, Reuters, Energy, Department of Energy, Utilities, Southern Locations: States, New York City, Georgia , Alabama, Mississippi, Atlanta, U.S, Southern

☆ Taco Bell enters the value meal wars with its biggest deal ever
▼ + stars: | 2024-06-27 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —This is the summer of fast food value meal wars, and Taco Bell isn’t sitting back. The chain announced Thursday that it’s entering the battle with one of its biggest deals ever. “We believe that fast food should be a luxury that every one can afford everyday,” said Taylor Montgomery, Taco Bell’s chief marketing officer. He added that its deal offers “full-sized favorites” compared to some of its rivals’ deals that have smaller portions. Like its rivals, Yum has been vocal that some of its problems stem from customers spending less on fast food.

Persons: Taco Bell isn’t, Burger King, ”, Taylor Montgomery, Taco, ’, Montgomery, Yum Organizations: New, New York CNN, Taco, Taco Bell, Taco Bell’s, CNN Locations: New York

☆ Stock futures are little changed as investors await inflation data with end of second quarter looming: Live updates
▼ + stars: | 2024-06-27 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Stock futures are near flat Thursday night as traders await closely followed inflation data. Dow Jones Industrial Average futures slipped 36 points, or 0.1%. S&P 500 futures ticked up 0.1%, while Nasdaq 100 futures added 0.2%. In after-hours action, Nike shares slipped more than 12% after the athletic retailer cut its full-year guidance. Excluding volatile food and energy prices, the core PCE is forecast to come in 0.1% higher on the month and 2.6% on an annualized basis.

Persons: Foot Locker Organizations: New York Stock Exchange, Stock, Dow Jones Industrial, Nasdaq, Nike, PCE, Dow, Federal, Fed

☆ Biden Needs to Paint a More Vivid Picture of Trump’s America - The New York Times
▼ + stars: | 2024-06-27 | by ( Jeff Shesol | ) www.nytimes.com time to read: +2 min

CNN, which will host the first of two debates between President Biden and Donald Trump, is doing its best to gin up the old excitement, but the general feeling is one of unease. Time labels it “the dread election.” Across a wide range of backgrounds and beliefs, Americans describe themselves in similar terms: exhausted, indifferent, depressed. A recently categorized voter, the “double hater,” is the star of a report that identifies Mr. Biden and Mr. Trump as the most disliked pair of presidential candidates in at least 36 years — twice as disliked, in fact, as they were in 2020. In an election this close, if the debates make even a small difference, they could make all the difference. This is why Mr. Biden pressed so hard for an early debate.

Persons: mano, —, John F, Kennedy, Richard M, Nixon, Roger Angell, Biden, Donald Trump, Shelby Grad, Matthew Continetti, Trump Organizations: New Yorker, CNN, Los Angeles Times, American Enterprise Institute

☆ H&M plunges 13% on doubts over full-year margin target, June sales outlook
▼ + stars: | 2024-06-27 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

Shares of H&M plunged more than 14% on Thursday morning after the company reported a smaller-than-expected increase in second-quarter profits and cast doubt over its June sales and full-year profit margin target. The world's second largest retailer said operating profit for the period between March and May came in at 7.1 billion Swedish kroner ($672 million), below the 7.37 billion Swedish kroner anticipated by analysts, according to an LSEG poll cited by Reuters. The second-quarter result was nevertheless above the 4.7 billion Swedish kroner recorded in the same period last year. Further weighing on stock, H&M CEO Daniel Ervér cast doubt over the company's ability to meet its margin target this year. "Our goal of an operating margin of 10 percent for full-year 2024 remains in place," he said.

Persons: Daniel Ervér, Inditex Organizations: Reuters Locations: London, Paris, Milan, Berlin, Stockholm, Hamburg, Munich, New York, Tokyo, Zara

☆ Peter Thiel says, 'If you hold a gun to my head I'll vote for Trump' though he isn't backing campaign
▼ + stars: | 2024-06-27 | by ( Ari Levy | ) www.cnbc.com time to read: +1 min

Then-president-elect Donald Trump shakes the hand of Peter Thiel during a meeting with technology executives at Trump Tower, December 14, 2016 in New York City. "If you hold a gun to my head, I'll vote for Trump," Thiel said in an interview on stage at the Aspen Ideas Festival. Thiel donated $1.25 million to Trump's campaign in 2016 at a time when the vast majority of tech money was going to Democratic rival Hillary Clinton. However, Thiel later soured on Trump and said last year that he wouldn't be funding any politician in the 2024 presidential campaign. That's after he spent $32 million on Republican candidates in the 2022 midterm elections with mixed results.

Persons: Donald Trump, Peter Thiel, Donald Trump's, he's, nominee's, Joe Biden, Thiel, I'm, Hillary Clinton, That's, Republican J.D, Vance, Tim Ryan, Republican Blake Masters, Democratic Sen, Mark Kelly Organizations: Trump Tower, Republican, Trump, Aspen Ideas, Democratic, Facebook, Republican National Convention, Apple, Google, GOP, Democratic Rep, Tech Locations: New York City, Ohio, Arizona

☆ Debate Fact Check: Biden and Trump on the Economy, Immigration and Foreign Policy
▼ + stars: | 2024-06-27 | by ( Ana Swanson | The New York Times | ) www.nytimes.com time to read: +1 min

— Former President Donald J. TrumpMr. Trump is distorting what Representative Nancy Pelosi, then the House speaker, said. Ms. Pelosi did not admit to turning down National Guard troops. We have responsibility, Terry, we didn’t have accountability for what was going on there.”When the person Ms. Pelosi was addressing responded, “they thought they had sufficient resources,” Ms. Pelosi cut her off. “It’s not a question of sufficient,” the speaker said, “they don’t know. claims” of Ms. Pelosi being at fault.

Persons: —, Donald J, Trump, Nancy Pelosi, Ms, Pelosi, Alexandra Pelosi, Pelosi’s, “, Terry, “ It’s Organizations: Trump Mr, National Guard, Republican, Capitol Police, Politico

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