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☆ Stablecoins are becoming ‘systemically important’ as market cap returns to record highs, analysts say
▼ + stars: | 2024-09-20 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

The market cap for stablecoins — cryptocurrencies that promise a fixed value peg to another asset — has recently reached all-time-high levels after a sharp drop in 2023. Monthly payments in stablecoins tripled to $1.4 trillion in the 12 months leading up to July. This could have investment implications for Robinhood down the road, he added, as it "continues integrating stablecoins for crypto trading & cross-border transfers." Crypto investors watch stablecoins closely for evidence of demand, liquidity and activity in the market. PayPal last year launched its own dollar-backed stablecoin, while Visa has been supporting stablecoin payments and Mastercard is supporting stablecoin wallets and other crypto card programs.

Persons: —, Bernstein, Gautam Chhugani, Kevin Dede, Wainwright, Dede, Goldman Sachs, Wells, Rob Goldstein, Michael Bloom Organizations: H.C, JPMorgan, PayPal, Visa, Mastercard, BlackRock, New, Financial Locations: New York City, Boston, New York

WASHINGTON — House Republicans on Wednesday are expected to derail their own plan to avert a government shutdown at the end of the month, with the party divided over the length of a short-term funding bill and what, if anything, should be attached to it. Democrats, who want a “clean” three-month funding patch with nothing attached, and nearly all plan to vote no. But the overwhelming majority of rank-and-file Republicans back Johnson’s move, saying holding the vote will put lawmakers on record. Everyone.”Davidson, who was ousted in July from the far-right House Freedom Caucus, lamented that Republicans have failed to unify behind a plan weeks before the election. That would buy time for bipartisan negotiators to strike a longer-term funding deal during the lame-duck session for fiscal year 2025 — if a short-term bill can pass the House.

Persons: Mike Johnson’s, Donald Trump, ’, —, noncitizens, Johnson, he’s, Mike Rogers, Warren Davidson, ” Davidson, “, ”, Trump, ” Johnson, Joe Biden, Chuck Schumer, John Duarte, Mitch McConnell, McConnell, Tom Cole, Schumer, Cole, he's Organizations: WASHINGTON —, Republicans, Wednesday, SAVE, CRs, Armed, ”, Caucus, CNBC, Democrats, Democratic, GOP Locations: Ohio, Ky

☆ Ukrainian boxing champion Oleksandr Usyk released after ‘misunderstanding’ which led to detention in Poland
▼ + stars: | 2024-09-18 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —Undisputed heavyweight boxing champion Oleksandr Usyk was released after being detained by law enforcement at Krakow Airport in Poland, Ukraine President Volodymyr Zelensky said on Wednesday. Speaking on social media, Usyk – the undisputed heavyweight champion – said “a misunderstanding took place” but that the incident “was quickly resolved.”“Thanks to all who got concerned. Usyk speaks to reporters after becoming the undisputed world heavyweight champion earlier this year. Earlier this year, Usyk beat Tyson Fury in a razor-thin split decision to become the undisputed heavyweight world champion. He became the first undisputed champion since Lennox Lewis 25 years ago, with the Briton winning all three belts available at that time.

Persons: Oleksandr Usyk, Volodymyr Zelensky, Zelensky, ” “, Andrii Sybiha, Ihor, ” Zelensky, ”, Usyk, –, Usyk’s, Yekaterina, Nick Potts, Sybiha, We’ll, Tyson Fury, Lennox Lewis Organizations: CNN, Krakow Airport, Foreign Affairs of Ukraine, Internal Affairs of Ukraine, Polish Police, Usyk Foundation, Briton Locations: Poland, Ukraine, Kraków, Ukrainian

Davis, whose group is running the ads, has echoed the charges from Trump and insisted that the federal government isn't doing enough to stop noncitizens from voting. In a statement, Davis accused politicians of courting illegal votes and attacked states he said were refusing to enforce the law against noncitizens’ voting. “Left-wing radicals in Congress are blocking the SAVE Act, which would protect our federal elections from noncitizens voting. “We are doing a public service by informing people that only citizens can vote in federal elections. Latino voters increasingly support greater immigration control, with recent polls finding a rise in the group agreeing with GOP calls for more border security.

Persons: WASHINGTON, Mike Davis, Donald Trump, Brennan, Trump, Davis, isn't, Kamala Harris, ”, “, noncitizens, ” Trump, Harris Organizations: NBC News, Article III, Brennan Center for Justice, Trump ”, Democratic, Republican, Federal, ESPN Deportes, Galavisión, Univision, Fox Deportes, noncitizens, Republicans, Trump, American, ABC News, GOP Locations: Arizona , Nevada, Pennsylvania, U.S, Trump, Reading , Pennsylvania, Philadelphia, Georgia, Wisconsin, America

“I’m here to support my wife and everybody else that deserves the right to have freedom of their reproductive rights,” said Goldberg, a 70-year-old retired computer software developer. Women clearly feel the impact of abortion restrictions, said Harris campaign manager Julie Chavez Rodriguez. At the same time, he argued, there’s no precedent for reproductive rights being a driving issue for men. The couple has become surrogates for the Harris campaign on reproductive rights, including at last month’s Democratic National Convention. “I’m here because the fight for reproductive rights isn’t just a women’s fight,” Josh Zurawski said at the Chicago convention.

Persons: Marcia Ruberg, ”, Kamala Harris, Gary Goldberg, “, Goldberg, Dobbs, —, Harris, Tim Walz, Doug Emhoff, Julie Chavez Rodriguez, Michael Cook, Ayres, Republican pollster, ’, ” Ayres, –, Samuel Chen, there’s, Chen, Pennsylvania Sen, Pat Toomey, Mike Mikus, Josh Shapiro, ” Shapiro, she’s, Joe Biden, Trump, Biden, Hadley Duvall, Duvall, Roe, surrogates, Morgan Mohr, Harris ’, Governor Shapiro, ” Mohr, Tony Goldwyn, Zachary Quinto, Josh Zurawski, Amanda Zurawski, isn’t, ” Josh Zurawski, ” Alexis McGill Johnson, ” Johnson, Fatima Goss Graves, ” Graves, Shapiro, ” Duvall, Andy Beshear, “ That’s, it’s, Chris Scholding, Larry Padersky Organizations: Philadelphia CNN, Trump, Democratic, CNN, Philadelphia, Republican, Pennsylvania, Pennsylvania Democratic Gov, Reproductive, Pittsburgh, Democratic National Convention, National Women’s Law, Fund, GOP, Harris Locations: Pennsylvania, Yardley , Pennsylvania, Pittsburgh, Florida, Philadelphia, Scranton, Allentown, Harrisburg, Chicago, Kentucky, New Jersey

☆ Amazon is selling a ton of toilet paper and everyday items. Here’s why that’s a problem for investors
▼ + stars: | 2024-09-16 | by ( Paulina Likos | ) www.cnbc.com time to read: +9 min

Faster delivery is prompting more and more people to turn to Amazon to buy paper towels and other everyday items. The growing prevalence of one- and same-day delivery has made Amazon a much more convenient to place to shop for everyday essentials. "If people buy everyday essentials on Amazon, they're more likely to buy other products too," said Jeff Marks, the Club's director of portfolio analysis. This added convenience in ordering everyday essentials from Amazon comes at a challenging time for physical retailers known for selling those same products. The company likes "to be in the consideration set for consumers" in the everyday essentials since it helps drive market share gains, Olsavsky said.

Persons: –, it's, Jeff Marks, Andy Jassy, Jassy, Gil Luria, Davidson, We've, Jim Cramer, Amazon's, Brian Olsavsky, Olsavsky, Wells, Ken Gawrelski, Gawrelski, Morgan Stanley, we're, Davidson's Luria, Luria, Jim, Jim Cramer's, Angus Mordant Organizations: Walgreens, CVS, Aid, D.A, Amazon, CNBC, Bloomberg, Getty Locations: Target, North America, New York

GREENVILLE, N.C. — Sen. JD Vance, R-Ohio, said on Saturday that it would be “very hard” for the Trump campaign to win in November if it does not hold on to North Carolina, a state former President Donald Trump won narrowly in 2020. Vance was also in North Carolina on Tuesday for a fundraiser, and he joined Trump in the state in late August. Trump won North Carolina in 2020 with 49.9% of the vote, but President Joe Biden was close behind with 48.6%. A September Quinnipiac University poll conducted before Tuesday’s debate found that 49% of likely voters in North Carolina preferred Harris, while 46% preferred Trump. North Carolina Gov.

Persons: — Sen, JD Vance, Trump, Donald Trump, “, Vance, ” Vance, Kamala Harris ’, Joe Biden, Barack Obama, Sen, John McCain, Harris, Roy Cooper, ” Organizations: Pitt - Greenville Airport, Trump, North Carolina, Democratic, Quinnipiac University, Democrats, Electoral, Charlotte . North Carolina Gov, ABC News Locations: GREENVILLE, N.C, R, Ohio, North Carolina, Greensboro, Charlotte ., “, United States

☆ JD Vance says GOP should threaten a shutdown: 'Why have a government if it’s not a functioning government?'
▼ + stars: | 2024-09-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Sahil_Hs.Jpg | Sahil Kapur | ) www.nbcnews.com time to read: +3 min

Congress faces a Sept. 30 deadline to fund the government or a shutdown will begin on Oct. 1. Following Trump's comment, Johnson tied a six-month spending bill, or continuing resolution, to the SAVE Act, GOP-sponsored legislation that would overhaul elections. Democrats have said they would only support a "clean" spending bill to fund the government through March, past the presidential election and inauguration. By the way, while we're on that topic, we're rubber stamping more money for the open border," Vance added. He also said he preferred engaging in the traditional appropriations process, where "we actually go in and say, 'Why the hell are we spending money on that?

Persons: WASHINGTON — Sen, JD Vance, it’s, ” Vance, Shawn Ryan Show, “, Mike Johnson, Donald Trump, don’t, ” Trump, Johnson, Vance, Ryan, I've Organizations: Republicans, Republican, Trump, GOP, SAVE, Grappling Locations: R, Ohio

But for the first time in recent political memory, the 2024 presidential race has left Florida as a comparative afterthought. It used to be …presidential elections, we would be on a razor’s edge about the state of Florida,” Gov. “With the work we have been doing and the grassroots momentum, Florida is competitive in 2024,” Florida Democratic Party Communications Director Eden Giagnorio said. They use Nikki Fried’s make-believe volunteer numbers," he said, referring to the Florida Democratic Party chairwoman. Last week, Harris campaign allies also started it “Fighting for Reproductive Freedom” bus tour in Florida, a starting line Democrats hyped as a sign of national relevance.

Persons: Ron DeSantis, Joe Biden’s, Donald Trump, ”, Eden Giagnorio, Paul Hennessy, Trump, Harris, Evan Power, Nikki Fried’s, Danielle Alvarez, “, Matt Dixon, “ It’s, Kamala Harris, Steve Schale, ” Schale, ” Harris, Biden, Doug Emhoff Organizations: ”, Republican, Electoral, Democrats, Florida, Democratic, Cook, Florida Democratic Party, ” Florida Democratic Party Communications, Florida’s, Republican Party of Florida, Florida Democratic, “ Trump, NBC, Trump, Veteran Florida Democratic Locations: TALLAHASSEE, Fla, Florida, South Florida, ” Florida, Ron DeSantis , Florida, Orlando, Jacksonville

☆ Harris campaign guarding against overconfidence after her debate performance sent Democrats’ spirits soaring
▼ + stars: | 2024-09-12 | by ( Kevin Liptak | Kayla Tausche | ) edition.cnn.com time to read: +7 min

“Six-fifty yesterday morning, one of my township supervisors called me and wanted to know what I thought,” Dingell said. “That discussion brought me right back down to Earth.”Burned before by overconfidence, Democrats this cycle are running against two opponents. Huddled at their campaign headquarters in Wilmington, Delaware, the day after the debate, Harris’s campaign aides determined the event would likely do little to change the overall trajectory of the race. Campaign officials spent part of Wednesday looking through debate footage to identify moments that would make effective television ads. Gavin Newsom said on “CBS Mornings” on Tuesday ahead of the debate, rejecting the “underdog” label for Harris: “She’s not.

Persons: Washington CNN — Kamala Harris, Debbie Dingell, ” Dingell, Donald Trump, Harris, Harris’s, Harris —, Hillary Clinton’s, Joe Biden, —, Tim Walz, Robert F, Kennedy Jr, Trump, Harris “, haven’t, Doug Emhoff, ” Harris, ”, Al Gore, Dingell, “ There’s, it’s, Gavin Newsom, “ Organizations: Washington CNN, Michigan Democratic, CNN, overconfidence, Democratic, NC, Teamsters, National Association of Black Journalists, CBS Locations: Harris’s, Chicago, Wilmington , Delaware, North Carolina, Pennsylvania, Carolina, Washington, Philadelphia, Michigan, California

☆ In purple North Carolina, Democrats hope to defeat a MAGA candidate for governor even as the presidential race remains close
▼ + stars: | 2024-09-12 | by ( Arit John | ) edition.cnn.com time to read: +15 min

CNN —Four years ago, North Carolina voters handed Democrats one of the party’s toughest losses and one of its most consequential wins. The race to succeed the term-limited Cooper, however, seems to be leaning toward the Democratic nominee, North Carolina Attorney General Josh Stein. But North Carolina is still a purple state with a history of elections decided by razor-thin margins. Mike Stewart/APA ticket-splitting stateHistorically, North Carolina voters have favored ticket-splitting. “There’s no connection between the gubernatorial ticket and presidential ticket,” said North Carolina Republican strategist Paul Shumaker.

Persons: Donald Trump, Joe Biden, Roy Cooper, Kamala Harris, Harris, Cooper, Josh Stein, Stein, Mark Robinson’s, Sen, Thom Tillis, Pat McCrory, Robinson, ”, ” Jonathan Felts, “, ” Felts, Mike Stewart, Jimmy Carter, Barack Obama, McCrory, HB2, Trump, Hillary Clinton, Paul Shumaker, “ There’s, don’t, He’s, Mark Robinson, ” Robinson, Mike Lonergan, ” Stein, Morgan Hopkins, “ Martin Luther King, It’s, ” Trump, Susan Myers, ” Myers, “ Mark’s, Grant Baldwin, Anderson Clayton, “ He’s, Adam Stein –, Deloris Rhodes, she’s, ” Rhodes, Heather Horak, –, Obama, Robert F, Kennedy Jr, Horak, wasn’t, he’s, ” CNN’s David Wright Organizations: CNN, North, Democratic Gov, Republican, Trump, Democratic, GOP, Democrats, Democrat, North Carolina Republican Council of State, Labor, Republicans, ” North Carolina, AP, North Carolina Republican, Quinnipiac, Fox, America, Democratic Governors Association, Republican Governors Association, “, ”, Getty, Dartmouth, Harvard University, Ivy League, Army Reserves, University of North, Greensboro City, Facebook, Wilmington Business, State Board of Education, Wilmington Locations: North Carolina, Charlotte, Greensboro, ”, Raleigh, McCrory’s, Asheville, Pink Hill , North Carolina, Charlotte , North Carolina, Chapel Hill, Carolina, University of North Carolina, Parkland , Florida, Wilmington

☆ America might be headed for a government shutdown (again)
▼ + stars: | 2024-09-11 | by ( Allie Kelly | Brent D. Griffiths | ) www.businessinsider.com time to read: +6 min

Speaker Mike Johnson on Wednesday pulled a temporary government funding bill off the House floor hours before a planned vote amid dissent within his own party. Senate Majority Leader Chuck Schumer has blasted Johnson's spending bill and his insistence to tie it to the controversial proposal. The only way to reopen the government is for lawmakers to pass a spending bill. The shutdown lasted 35 days, causing 800,000 federal employees to go without pay and costing the federal government billions of dollars. Trump is advocating for a shutdown, calling on fellow Republicans to only accept a spending bill if it includes promises of election security.

Persons: —, Mike Johnson, Johnson, Chuck Schumer, Donald Trump, Kamala Harris, what's, there's, Government shutdowns, couldn't, Kevin McCarthy, Joe Biden, Trump, don't, servicemembers, Bill Clinton, Clinton Organizations: Service, Wednesday, Associated Press, Republican, Business, SAVE, Veterans Affairs, Trump, Democratic, Department of Homeland Security, National Parks, SNAP, Government, Republicans, shutdowns, The Washington Post Locations: Washington

WASHINGTON — House Speaker Mike Johnson’s strategy to tie a short-term government funding bill to a Donald Trump-backed proposal to overhaul voting laws was on life support Monday after a band of conservative rebels vowed to vote no on the package. Without a stopgap funding bill, money will run out and the federal government will shut down at the end of the month. Because of the GOP’s razor-thin majority, Johnson, R-La., can afford only four Republican defections if all members vote. Mills slammed Johnson's strategy as a “farce” and said it would do nothing to secure the southern border. Instead, they are pushing for a "clean CR" — short-term funding with nothing attached to it.

Persons: Mike Johnson’s, Donald Trump, Johnson, — Cory Mills, Matt Rosendale, Tim Burchett, Jim Banks, Thomas Massie, Trump, Mills, ”, ” Mills, Rosendale, “, Chuck Schumer, Joe Biden, ” Schumer, Jamie Raskin, ” Raskin, … Donald Trump Organizations: WASHINGTON, Republicans, White, Capitol, Senate, GOP, House, Republican, “, ” Locations: Florida, Montana, Tennessee, Indiana, Kentucky

☆ Trump will attack Harris' biggest vulnerabilities at the debate. Her response could decide the election.
▼ + stars: | 2024-09-10 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +8 min

Trump appears to have begun to slow Harris' rise, which began after President Joe Biden dropped out of the race. At the same time, Harris has abandoned many of her most progressive views that she took during her failed 2020 Democratic presidential primary run. "She's not really quite sure what she believes that's why she is pretty evasive to answering questions on policy, policy positions that she has supported in the past and supposedly what she does not support now," Wolking said. Tuesday's debate will mark the first time Harris and Trump will be in the same room together. With perhaps the exception of the Nixon-Kennedy debate, no other presidential debate will loom larger in history.

Persons: Kamala Harris, Donald Trump, Trump, Harris, Joe Biden, Hillary Clinton, pollsters, Trump's, Ben Warner, Warner, They've, Kamala, Matt Wolking, Tim Walz, CNN's Dana Bash, She's, Wolking, hasn't, Bash, Biden, Democratic pollster Evan Roth Smith, Roth Smith, Reid Hoffman, Roth, Doug Sosnik, he'll, Sosnik, Clinton, Nixon, Kennedy Organizations: Service, New York Times, Super Bowl, NFL, University of Missouri, Culinary Union, Democratic, Voters, Trump Locations: Siena, Pennsylvania, Washington, Minnesota, Nevada

CNN —Mexican lawmakers were forced to suspend debate on a controversial judicial reform after protesters broke down the doors of the Senate building and forced their way into the upper house’s session hall. But as the crowd broke into the upper house on Tuesday, Senate President Gerardo Fernandez Noroña asked his colleagues to evacuate the hall to avoid confrontations with the protesters. Demonstrators try to break down a door inside the Senate building as a highly contested judicial reform proposal is debated on September 10. Judicial workers protest the government's proposed judicial reform, which would make judges stand for election, on Tuesday. Eduardo Verdugo/APSupreme Court judges in Mexico are usually nominated by the president and must be approved in the Senate.

Persons: –, Gerardo Fernandez Noroña, Noroña, Andrés Manuel López Obrador, Raquel Cunha, Luis Cortes, López Obrador, Ken Salazar, “, ”, Eduardo Verdugo, Claudia Sheinbaum, Morena Organizations: CNN, Senate, Reuters, AP Locations: Mexico City, Mexico, Mexico’s

☆ Harris and Trump battle to be the 'change' candidate: From the Politics Desk
▼ + stars: | 2024-09-09 | by ( The Politics Desk | ) www.nbcnews.com time to read: +7 min

In today’s edition, senior political editor Mark Murray looks at how Kamala Harris and Donald Trump are trying to position themselves as the candidate of change. Poll shows Trump winning the 'change' argument — for nowBy Mark MurrayIt’s not too surprising that the latest national New York Times/Siena College poll finds a razor-close contest between Donald Trump and Kamala Harris. In the NYT/Siena poll, 25% of likely voters said Harris represents major change and 15% said she represents minor change, while 55% said she represents more of the same. That’s compared with 53% of voters who see Trump as representing major change, 8% as minor change, and 34% as more the same. Breaking barriers in Delaware: State Sen. Sarah McBride is expected to take another step toward becoming the first transgender person elected to Congress.

Persons: Mark Murray, Kamala Harris, Donald Trump, Mark Murray It’s, It’s, Trump, Harris, Chuck Todd, “, Harris ’, Joe Biden’s, —, ” Harris, Biden, ” Trump, ” We’re, it’s Trump, Adam Wollner, Alexandra Marquez, Adam Edelman Tomorrow’s, Sen, Kelly Ayotte, Chris Sununu, Chuck Morse, Ayotte, Joyce Craig, Cinde Warmington, Amy Walter, Maggie Goodlander, Colin Van Ostern, Annie Kuster, who’s, Goodlander, Jake Sullivan, Hillary Clinton, Van Ostern, John Lynch, State Sen, Sarah McBride, McBride, Lisa Blunt Rochester, Tom Carper, Blunt Rochester, she’s, Maryland’s Angela Alsobrooks, hat’s Organizations: NBC, White House, Capitol, Trump, New York Times, Siena, it’s Trump who’s, Rhode, Republican, Democrats, Manchester, Democratic, Biden White House, Justice Department, Council, Rep, Delaware’s, Democratic National Convention, Delaware Democrat, Senate Locations: Siena, New Hampshire , Delaware, North Carolina, state’s, New Hampshire, Granite, Kuster, Delaware, State, Congress

A shutdown would close federal agencies and national parks, while limiting public services and furloughing millions of workers just weeks before the election. House Republicans have now settled on some lines of attack, which they'll highlight in politically charged GOP hearings and investigations into both Harris and her running mate, Minnesota Gov. House GOP probesAfter spending much of the 118th Congress focused on investigating Biden, House Republicans are now shifting their focus to Democrats’ new presidential ticket. Republicans are also focusing on the botched U.S. withdrawal from Afghanistan in 2021, which the Trump campaign has criticized Harris over. The Trump campaign responded by calling the story "fake news."

Persons: Donald Trump, Joe Biden, Kamala Harris, Harris, Tim Walz, Mike Johnson, it’s, Johnson, Republicans ’, Chuck Schumer, Patty Murray, Biden, Walz, Trump, McCaul, Antony Blinken, ” There’s, The, Jamie Raskin, Robert Garcia, Abdel Fattah El, —, Schumer Organizations: WASHINGTON, Capitol, Republicans, Harris . House Republicans, Minnesota Gov, Republican, SAVE, GOP, noncitizens, Democratic, House Republicans, Education Department, Chinese Communist Party, The Biden, Energy, Biden, Harris Energy, Veterans Affairs Committee, Harris Administration, Democrats, Trump, Washington Post, Justice Department, NBC News Locations: Afghanistan, Trump, Minnesota, China, Egypt

☆ Airplane engines are in short supply. The business of fixing older ones is booming
▼ + stars: | 2024-09-04 | by ( Leslie Josephs | ) www.cnbc.com time to read: +7 min

It's all piling up, and aircraft engine shops around the world are overflowing. American Airlines ' solution is to do more of the work itself. "We just have one customer and that's American Airlines doing our work," American's chief operating officer, David Seymour, said. GE Aerospace brought in $11.7 billion from engine maintenance, repairs and overhaul in the first half of 2024, making up 65% of its revenue. An airplane engine at American Airlines' test cell in Tulsa, Oklahoma.

Persons: David Seymour, Tulsa , Oklahoma Erin Black, It's, France's Safran, Seymour, Leslie Josephs, Thomas Toepfer, Kevin Michaels, Martin Gauss, Pratt, that's, Advisory's, Erin Black, Michaels Organizations: Boeing, Airbus, Alton Aviation Consultancy, GE Aerospace, GE, Pratt & Whitney, Royce, American Airlines, Airlines, CFM, CNBC, Tulsa International Airport, American, JetBlue Airways, Spirit Airlines Locations: TULSA, Okla, Tulsa , Oklahoma, Tulsa, American's, Riga, Latvia

☆ How Tim Walz made Minnesota a 'roadmap' for progressive economic policy
▼ + stars: | 2024-09-02 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +7 min

Governor Tim Walz delivers remarks at the Milwaukee Area Labor Council's Laborfest 2024 on September 2nd, 2024 at the Summerfest Grounds, in Milwaukee, Wisconsin. Tim Walz, Minnesota has expanded union protections, approved over $1 billion in housing resources, enacted universal paid family and medical leave, funded free school lunches, hiked corporate taxes and more. "It's a roadmap for sure," Amy Koch, a Republican strategist who formerly served as a Minnesota state senator, told CNBC. Already, several of the economic priorities of the Harris campaign mirror policies that were championed by Walz in Minnesota. Tim Walz listens to homeless constituents after being elected to his first term in 2018.

Persons: Tim Walz, Sara Stathas, Harris, Walz, I've, Bernie Burnham, Kamala Harris, Amy Koch, Kevin Lamarque, Joe Biden's, Gabby Giffords, Brian Snyder, Jeff Hayden, Hayden, Elianne Farhat, Mills, Bauer, Griffin, Doug Loon, Loon, Burnham, Charles Lutvak, Monica Nilsson Organizations: Milwaukee Area Labor, Washington Post, North Star State, Minnesota AFL, CNBC, Democratic Gov, Republican, Democratic, Minnesota, Reuters, Child Tax, Farmer, Labor, DFL, Senate, House, Minnesota Democrats, Fortune, Target, AaronP, Minnesota Chamber of Commerce, Minnesota Gov, Minnesota Housing Locations: Milwaukee , Wisconsin, Minnesota, Tim Walz , Minnesota, Minnesota . U.S, U.S, America, Minnesota's, Minneapolis , Minnesota, UnitedHealth

☆ Restaurants fight back against the FTC crackdown on 'junk fees' as diners balk at new charges
▼ + stars: | 2024-08-24 | by ( Amelia Lucas | ) www.cnbc.com time to read: +7 min

Leopatrizi | E+ | Getty ImagesLawmakers want to crack down on "junk fees," but restaurants are trying to stay out of the fight. The Biden administration has broadly targeted so-called junk fees, like an undisclosed service charge for concert tickets or unexpected resort fees when checking out of a hotel. The Biden Administration is attempting to crack down on so-called "junk fees" in retirement accounts with a rule prosed by the U.S. Labor Department. Lobbyists vs. legislatorsOn the state level, restaurants have already had some success in getting excluded from the fight over junk fees. California's SB 478 law would ban so-called "junk fees".

Persons: Birkin, Biden, Joe Biden, Chip Somodevilla, Biden administration's crosshairs, Sean Kennedy, Kennedy, Andres Clavero, Clavero, Galit, Peter Demetri, Tai Huh, Huh, CSHG Organizations: Getty, National Restaurant Association, Federal Trade Commission, White, Biden Administration, U.S . Labor Department, National Women's Law, Cambridge Street Hospitality Group, Health, Restaurant Association, California's Locations: Los Angeles, Chicago, Washington ,, New York, Denver, Asian, Massachusetts, California, –, Oakland , California

☆ Menendez’s Senate Replacement Has Been a Democrat for Just 5 Months
▼ + stars: | 2024-08-23 | by ( Tracey Tully | ) www.nytimes.com time to read: +1 min

When George Helmy is sworn in next month as Robert Menendez’s temporary replacement in the Senate, he will be joining a chamber where Democrats hold a razor-thin majority, outnumbering Republicans by a single seat, 50 to 49. Mr. Helmy was selected last week by Gov. Mr. Helmy, however, is new to the Democratic Party. Mr. Helmy will serve in Washington only through November. His appointment will return the Democratic majority to 51 members, as it was before Mr. Menendez resigned on Tuesday.

Persons: George Helmy, Robert Menendez’s, Helmy, Philip D, Murphy, Menendez, Tammy Murphy, New Jersey’s, Chuck Schumer, Biden Organizations: Senate, Gov, Democrat, Democratic Party, Democratic Senate, New, Democratic, Democrats Locations: Murphy of New Jersey, Morris County, N.J, Washington, New York

☆ The international fight over a US gymnast's bronze medal is getting messy
▼ + stars: | 2024-08-13 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +5 min

Read previewA contentious judging decision and messy appeals process has roiled women's gymnastics — and spiraled into an international argument for Olympic bronze between the US and Romania. It kicked the final decision to the International Olympic Committee, which ordered Chiles to return her bronze medal. On Sunday, USA Gymnastics said it had video evidence — which it hadn't previously submitted — which proved Landi's inquiry was made within 47 seconds. USA Gymnastics vowed Monday to "continue to pursue every possible avenue and appeal process, including to the Swiss Federal Tribunal." USA Gymnastics declined to comment beyond the statements on its website.

Persons: —, Jordan Chiles, Ana Bărbosu, Chiles, Chiles should've, who'd, she'd, Cecile Landi, Simone Biles, Sabrina Maneca, didn't, Bărbosu, Tim Clayton, hadn't, Jordan, Biles, Suni Lee, Lee, Jo, Sabrina Organizations: Service, Business, Romanian, Romanian Gymnastics Federation, Sport, Gymnastics Federation, International Olympic Committee, Olympic, Paralympic, CNN, USA, Swiss Locations: Romania, Romanian, Paris, USA, Swiss, Jordan

☆ Harris edges out Trump on who voters trust more with the economy, new poll finds
▼ + stars: | 2024-08-11 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

U.S. Vice President and Democratic presidential candidate Kamala Harris speaks at her campaign headquarters in Wilmington, Delaware, on July 22, 2024. Vice President Kamala Harris is catching up to former President Donald Trump on the number of voters who trust her handling of the economy, according to a new Financial Times/Michigan Ross poll. The monthly survey found that 42% of voters trust Harris on economic issues, one percentage point more than the Republican presidential nominee. The most recent CNBC All-America Economic Survey, for example, found voters think they will be financially better off under Trump than Harris by a 2-to-1 margin. Trump often seizes on voters' economic pessimism as a political tactic, working to turn economic danger signs into narratives of full-blown catastrophe, attributable to the Biden-Harris administration's policies.

Persons: Kamala Harris, Harris, Donald Trump, Michigan Ross, Trump, Joe Biden's, Biden, heightening, Kamala Organizations: Democratic, Times, Republican, CNBC, America Economic Survey, Trump, FT, Michigan, Biden, Social Locations: Wilmington , Delaware, U.S, Michigan

☆ Razor-thin solar panels could be ‘ink-jetted’ onto your backpack or phone for cheap clean energy
▼ + stars: | 2024-08-09 | by ( Kara Fox | ) edition.cnn.com time to read: +5 min

Today’s solar panels that use silicon cells, by comparison, typically covert up to 22% of sunlight into power. Another important factor fueling solar’s rise is its growing efficiency in converting the sun’s energy. But Wang noted that the research group is not advocating for the end of solar farms. “I wouldn’t say we want to eliminate solar farms because obviously we need lots of areas or surfaces to generate sufficient amount of solar energy,” he told CNN. Some coatings in lab settings have dissolved or broken down over short periods of time, so are regarded as less durable than today’s solar panels.

Persons: aren’t, Junke Wang, Martin Small, Wood Mackenzie, Wang, ”, Henry Snaith, Snaith Organizations: CNN, Oxford, Oxford University's Physics, Oxford University Physics Locations: Germany

☆ Egypt’s first pyramid constructed using a hydraulic lift, study says
▼ + stars: | 2024-08-05 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +11 min

Now, a team of engineers and geologists brings a new theory to the table — a hydraulic lift device that would have floated the heavy stones up through the middle of Egypt’s oldest pyramid using stored water. Water from ancient streams flowed into a system of trenches and tunnels that surrounded the Step Pyramid, according to the study team. The shaft within the Step Pyramid is connected to a 200-meter-long (656-foot-long) underground tunnel that connects to another vertical shaft outside the pyramid. Conversely, a moderate-sized hydraulic lift can raise 50 to 100 tons. “It doesn’t mean (the hydraulic lift device) wasn’t used,” she added.

Persons: Pharaoh Djoser, ”, Dr, Xavier Landreau, aren’t, David Jeffreys, Paleotechnic, Guillaume Piton, Judith Bunbury, rainier, Jeffreys, Fabian Welc, Stefan Wyszynski, Welc, ” Welc, King Djoser, Landreau, University of Cambridge geoarchaeologist, ” Bunbury Organizations: CNN, University College London, France’s National Research Institute for Agriculture, Food, Institute of Environmental Geosciences, University Grenoble Alpes, University of Cambridge, of Archaeology, Stefan Wyszynski University Locations: Egypt, Paris, London, Old, Old Kingdom, Kingdom, Moat, Warsaw, Poland, Saqqāra, Giza, University of Cambridge geoarchaeologist Bunbury

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