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☆ An author is facing backlash for using AI to write 120 books. He says he's misunderstood.
▼ + stars: | 2024-09-27 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +4 min

Tim Boucher has written over 120 books using AI-generated text and images. "My books allow AI models to speak for themselves, almost like the idea of an unreliable narrator in literature," he told Business Insider. AdvertisementCreative differencesTensions between AI companies and the creative industries have been bubbling since the release of AI image generators such as Midjounrey and the rise of AI-powered chatbots such as ChatGPT. AI companies, including OpenAI, are facing several similar lawsuits from groups of authors and artists. He said he thought the lawsuits would put a lot of pressure on how AI companies use licensed data, which he described as a "good thing."

Persons: Tim Boucher, —, he's, chatbots, Claude, ChatGPT, Boucher, Michael Chabon, Elon Musk's, Chabon Organizations: Service, Meta, Wild West

☆ Columbus, Ohio is the city with the fastest car commute in America, new study shows—see the full top 10 list
▼ + stars: | 2024-09-27 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

The United States is home to some of the most congested cities in the world, but there are some places around the country where residents have a smooth daily commute. The average commute time was calculated using the 2022 American Census Survey and the traffic was calculated using Lyft data from August 2023 to August 2024. The report found that 25% of the commuters surveyed said that time was the most important factor in having a great commute. "If you are going back to the office, you know that the commute is not what it once was. Though dealing with congestion might seem bad, Bob Pischue, a transportation analyst at INRIX, says it's a sign of a good economy.

Persons: it's, Jill Gonzalez, Bob Pischue Organizations: Survey, CNBC Locations: States, United States, U.S, INRIX

☆ Here are Friday's biggest analyst calls: Apple, Dell, Wynn, Walmart, Best Buy, Costco, Netflix & more
▼ + stars: | 2024-09-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Piper Sandler upgrades Accenture to overweight from equal weight Piper upgraded the IT company following its earnings report. Goldman Sachs reiterates Costco as buy Goldman says it's sticking with the stock following earnings on Thursday. Citi downgrades Dollar General to sell from neutral Citi says it sees too many competitive challenges. JPMorgan adds Best Buy to the focus list JPMorgan says it sees an "improving product cycle" for Best Buy. Bank of America downgrades HP to neutral from buy The firm says it sees slowing earnings per share growth.

Persons: Morgan Stanley, Wynn, Piper Sandler, Piper, Goldman Sachs, Goldman, it's bullish, it's, Raymond James, Mercado, Roth MKM, Roth, Cantor Fitzgerald Organizations: Wynn Resorts, Deutsche Bank reinstates Dell, Deutsche, DELL, NASDAQ, Costco, " Bank of America, Apple, Bank of America, Apple Intelligence, UBS, Vista Energy, Citi, Pepsi Citi, Catalyst, Walmart, Cava, Mercado Libre, JPMorgan, Chesapeake Energy, Barclays, Netflix, HP Locations: UAE, Macau, BMBL, CAVA, HPQ

☆ Elon Musk's Texas school opening is delayed after Ad Astra postponed an inspection for a second time
▼ + stars: | 2024-09-27 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Elon Musk's Ad Astra school in Texas faces delays in opening. Ad Astra, located on a 40-acre former horse ranch, was expected to open this summer. AdvertisementElon Musk's Ad Astra school opening in Texas is getting delayed. It's not to be confused with the other Ad Astra School that Musk cofounded in 2014 alongside John Dahn. The previous Ad Astra school is now located at SpaceX's Starbase in Boca Chica, Texas, and had 16 children enrolled in its 2021-2022 academic year.

Persons: Elon, —, HHSC, It's, Musk, John Dahn, Elon Musk Organizations: Elon Musk's Ad Astra, Texas Health, Human Services, Montessori, Ad Astra, Service, HHSC, Business, Astra, Ad Astra School, SpaceX, Bloomberg, Astra didn't Locations: Texas, Bastrop , Texas, Boca Chica , Texas

☆ Why analysts are calling Cava the next Chipotle
▼ + stars: | 2024-09-27 | by ( Natalie Rice | ) www.cnbc.com time to read: +2 min

Fast-casual Mediterranean chain Cava has had an impressive year since going public in June 2023. Now, Wall Street analysts see shades of another fast-casual success story: Chipotle Mexican Grill . In its most recent results for the second quarter of 2024, Cava bucked industry trends by posting same-store sales growth of 14.4% and traffic growth of 9.5%. Cava Group co-founder and CEO Brett Schulman has said its prices increased 15% between 2019 and 2024. "You hear a lot about the value wars lately.

Persons: Nick Setyan, Brett Schulman, Schulman, That's, Cava, Chipotle Organizations: Wall Street, Wedbush Securities, Cava Group Locations: Cava, Chipotle

☆ Shohei Ohtani's record-breaking 50-50 home run ball is now on sale for $4.5 million
▼ + stars: | 2024-09-27 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

For one fan who was in attendance for the Japanese superstar's record-breaking home run, Ohtani's success may deliver a multimillion-payday. The starting bid for the historic ball — the most valuable from Ohtani's incredible 6-for-6, 3-home-run and 10 RBI performance — is $500,000. The auction will run from Sept. 27 to Oct. 9, with extended bidding taking place on Oct. 16. The $3 million figure represents the highest price ever paid for a baseball when Mark McGwire's 70th home run ball sold in 1999. If you don't have several million dollars to bid on Ohtani's home run ball, don't worry.

Persons: Shohei Ohtani, Goldin, Mark McGwire's Organizations: Major League Baseball, Goldin Auctions, Dodgers, Topps, CNBC

☆ Scientists discover hidden ancient forest on treeless island
▼ + stars: | 2024-09-27 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

CNN —No trees have grown on the windswept Falkland Islands in the South Atlantic Ocean for tens of thousands of years — just shrubs and other low-lying vegetation. “It’s very sort of windswept and barren.”The Falkland Islands are a British-ruled overseas territory over which Great Britain and Argentina fought a brief war in 1982. But the story of this hidden forest goes back even further in time than the researchers initially thought. “The Falkland Islands are currently covered by grasslands and lack native trees,” Donovan added. However, the islands are unlikely to see a return to a forest landscape anytime soon, Thomas said.

Persons: Zoë Thomas, “, ”, Thomas, Michael Donovan, wasn’t, ” Donovan, Haidee, Chris Turney, what’s, Donovan Organizations: CNN, UK’s University of Southampton, Britain, Falklands, Antarctic, University of Southampton, Chicago’s, Australia’s University of New, Southern Locations: Falkland Islands, Stanley, Falkland, British, Great Britain, Argentina, Australia’s University of New South Wales, Patagonia, Antarctica, Westerly, Islas, South America

☆ Selena Gomez, now a billionaire, has owned multimillion-dollar properties in Texas and California. Take a look at her real-estate portfolio.
▼ + stars: | 2024-09-27 | by ( Priyanka Rajput | ) www.businessinsider.com time to read: +1 min

In 2014, the "Monte Carlo" actor bought a Mediterranean-style residence in Calabasas, California, for $3.69 million. This Santa Monica mountain view visible from Calabasas. Andy Konieczny/ShutterstockFor her next real-estate purchase, Gomez chose a $3.69 million 7,700-square-foot mansion in Calabasas, a neighborhood that's been home to celebrities including Kim Kardashian, Miley Cyrus, and Justin Bieber. The five-bedroom, six-bathroom home was among Mureau Estates' 11 luxury villas, part of a big, private gated community. The main home, per House Beautiful, featured five fireplaces, a gym, a movie theater, and even an underground wine cellar.

Persons: Monte Carlo, Andy Konieczny, Gomez, Kim Kardashian, Miley Cyrus, Justin Bieber Organizations: Mureau Estates, Teen Vogue Locations: Calabasas , California, Monica, Calabasas, French Montana

☆ I left Goldman Sachs to plan weddings for the ultra-rich. I do 4 key things to keep my clients — and their families — happy.
▼ + stars: | 2024-09-27 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +6 min

Lelian Chew is the founder of The Atelier & Co, a Singapore-based luxury wedding planning company. I spent a decade at Goldman Sachs, working in Singapore and Hong Kong managing key relationships by flying to a different Chinese city each day. English wasn't his first language, so he misunderstood and thought I was starting a wedding planning business. He immediately asked me to help plan his son's wedding, insisting I take a look since I knew the family well. Many of our elder clients want to see their grandchildren uphold customs they cherish, like family crests and cultural elements.

Persons: Chew, Chew doesn't, —, Lelian Chew, Goldman Sachs, I, Lelian, it's Organizations: Service Locations: Singapore, Hong Kong, Indonesia, Maldives

☆ China's ambitions for semiconductor self-sufficiency thwarted by lack of chipmaking tools
▼ + stars: | 2024-09-27 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +5 min

Making the most advanced semiconductors requires cutting-edge lithography scanners to print the small, complex circuit designs onto microchips. But the Dutch government has banned the sale of its most advanced equipment to China. "Recreating advanced lithography systems that took ASML decades to develop and commercialize is a tall order for any individual Chinese company," Triolo said. SHANGHAI, CHINA - NOVEMBER 8, 2023 - Visitors learn about lithography machines at the booth of ASML at the 6th CIIE in Shanghai, China, November 8, 2023. Meanwhile, the U.S. is not only restricting China's access to chips, but trying to boost its own industry thus further widening the technological gap.

Persons: Huai, Leping Huang, ASML, John Lee, Paul Triolo, Triolo, Lee, Camille Boullenois Organizations: Nurphoto, Getty, Huatai Securities, East, West Futures, Technological, China, DGA Group, ., Chips, Semiconductor Industry Association, Boston Consulting Group Locations: HUAI'AN, CHINA, Jiangsu province, China, U.S, . Netherlands, SHANGHAI, Shanghai, Taiwan

Deutsche Bank reinstated Dell Technologies as a buy, calling for nearly 14% upside. 7:04 a.m.: Citi says Walmart remains a top pick, hikes price target Walmart is poised for more growth ahead, according to Citi. The firm upgraded the stock to overweight from neutral and raised its price target by $66 to $395. WYNN mountain 2024-08-30 WYNN month to date — Sean Conlon 5:49 a.m.: Deutsche Bank reinstates Dell Technologies as buy The stars are aligning for Dell Technologies , according to Deutsche Bank. Analyst Matt Niknam resumed coverage of the PC maker with a buy rating and a price target of $144, which implies upside of nearly 14%.

Persons: Morgan Stanley, Paul Lejuez, — Sean Conlon, Piper Sandler, Accenture Piper Sandler, Arvind Ramnani, GenAI, Ramnani, Sean Conlon, Bumble, Justin Patterson, Patterson, Stephen Grambling, WYNN's, they've, Matt Niknam, Niknam, DELL, Fred Imbert Organizations: CNBC, Deutsche Bank, Dell Technologies, Wynn Resorts, Citi, Walmart, Accenture, Markets, Wynn, Las, MGM Resorts, Caesars Entertainment, Deutsche Bank reinstates Dell Technologies, DELL, Dell Locations: Grambling, UAE, WYNN

☆ Watch these warning signs for a potential peak in the stock market's long-term bull rally, NDR says
▼ + stars: | 2024-09-27 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

The secular bull market, which began in 2009, is in a mature stage according to NDR's Tim Hayes. "With the secular bull mature, we're watching out for signs that it may be at risk," he said. AdvertisementWith the S&P 500 in its 15th year of a secular bull market that started in 2009, Ned Davis Research says investors should watch for warning signs of a potential peak. The first warning sign of a near-term peak in the stock market is worsening breadth among the underlying issues of the US stock market. And a rebound in inflation, coupled with rising interest rates, would be an unwelcome warning sign for the current bull rally in stocks.

Persons: Ned Davis, Tim Hayes, —, Hayes Organizations: Ned Davis Research, Service, NDR

☆ What is chroming? Here’s what parents should know
▼ + stars: | 2024-09-27 | by ( Kristen Rogers | ) edition.cnn.com time to read: +8 min

“(Chroming) can become addictive when it’s done over and over again.”Here’s what else you should know about the risks of chroming, signs of dependency and how to talk to young people about the practice. Chroming can also be fatal, and the amount and frequency necessary for that outcome to play out is unpredictable, experts said. Protecting kids from substance misusePreventing kids from chroming can be difficult since the items used are often household or hobby items. “The best way to approach chroming is to approach it like other dangers — an ongoing conversation over time,” Choi said. If you notice chroming is a recurring problem for your child, they may have a dependency they can’t easily stop despite your intervention, Pizon said.

Persons: Anthony Pizon, Pizon, Betty Choi, ”, ” Choi, inhalants, “ There’s, ” Pizon, Choi, TikTok, Chroming, “, you’re Organizations: CNN, University of Pittsburgh School of Medicine, Survey, Mental Health Services Administration Locations: United Kingdom, ”

☆ Google is the latest company to land in Donald Trump's crosshairs
▼ + stars: | 2024-09-27 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

Donald Trump threatened to prosecute Google "at the maximum levels" if he's elected president. AdvertisementFormer President Donald Trump is no stranger to lashing out at companies — and now he's taking aim at Google. Trump alleged that Google "illegally used a system of only revealing and displaying bad stories about Donald J. Trump" while surfacing good stories about Harris. In the report, the group said it conducted Google searches on September 6 for the terms "donald trump presidential race 2024" and "kamala harris presidential race 2024." In addition to threats against Google, Trump has levied warnings to other companies and CEOs who crossed him.

Persons: Donald Trump, Trump, Kamala Harris, —, Donald J, Harris, donald, kamala harris, Walz, Axios, Mark Zuckerberg, John Deere Organizations: Google, Service, Republican, Democratic, Justice Department, Department, Trump, Business, Speech America, Media Research, BI Locations: United States, Mexico

☆ Here are our trades of the week and what's ahead for this overbought market
▼ + stars: | 2024-09-27 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +4 min

Mixed market : The S & P 500 spent Friday's session mostly unchanged as it tried for a fourth record close this week. Still frothy : The S & P Short Range Oscillator pulled back from Tuesday's most overbought reading since August. Month to date, consumer discretionary, utilities, and materials were the best-performing S & P 500 sectors. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, he's, Vimal Kapur, Jim Cramer's, Jim, Spencer Platt Organizations: CNBC, GE Healthcare, Honeywell, Constellation Brands, Jim Cramer's Charitable, New York Stock Exchange, Getty Locations: Tuesday's, New York City

☆ Maggie Smith, beloved ‘Downton Abbey’ and ‘Harry Potter’ star, dead at 89
▼ + stars: | 2024-09-27 | by ( Hilary Clarke | Caitlin Danaher | ) edition.cnn.com time to read: +4 min

CNN —Dame Maggie Smith, one of Britain’s best-known actresses whose long career ranged from starring opposite Laurence Olivier in “Othello” on stage and screen, to roles in “Harry Potter” and “Downton Abbey,” has died, her sons announced in a statement shared by their publicist Clair Dobbs. “It is with great sadness we have to announce the death of Dame Maggie Smith. Everett CollectionSmith was made a Dame Commander of the Order of the British Empire in 1990, and from then on was widely known as Dame Maggie Smith. She came to the notice of younger viewers as the strict but fair witchcraft teacher Minerva McGonagall in “Harry Potter and the Sorcerer’s Stone” (2001), also appearing in several “Harry Potter” sequels. In her later years, Smith became a role model for ageing gracefully, a process she handled with her customary charm and wit.

Persons: Maggie Smith, Laurence Olivier, “, ”, “ Harry Potter ”, Downton, Clair Dobbs, Dame Maggie Smith, ” Smith, Smith, William Shakespeare’s “, Olivier’s, Miss Jean Brodie, Neil Simon’s, Judith Hearne, Dowager Countess, Everett, Mussolini, Franco Zeffirelli, Minerva McGonagall, “ Harry Potter, Harry Potter, Violet Crawley, Dowager, Robert Stephens –, –, Beverley Cross Organizations: CNN, Chelsea, Westminster Hospital, Oxford University, Oxford Playhouse School, Oxford University Dramatic Society, The Old, British, Acclaim, Atlantic Locations: Ilford, London, Oxford, “, ”, California, British, Florence, Italy, Grantham, “ Downton, Los Angeles

☆ Putin revises his nuclear doctrine, but have his red lines shifted?
▼ + stars: | 2024-09-27 | by ( Nathan Hodge | ) edition.cnn.com time to read: +5 min

This week, Putin once again rattled the arms-control world by revealing proposed changes to his country’s nuclear doctrine. “In the current version of Russia’s nuclear doctrine, there is no distinction between an aggression by nuclear- and non-nuclear-weapon state,” he wrote. “There are two noteworthy points of departure from the previous 2020 Russian military doctrine,” she wrote on X. “2020 doctrine allowed the use of NW [nuclear weapons] in response to conventional aggression that jeopardizes the very existence of the state. And the results of Zelensky’s visit to the US may soon tell us whether anyone in Washington is listening to Putin’s nuclear talk.

Persons: Vladimir Putin, Putin, Volodymyr Zelensky, Biden, Pavel Podvig, ”, ” Podvig, “, Mariana Budjeryn, Harvard Kennedy, Alexander Nemenov, Budjeryn, Kristin Ven Bruusgaard, ” It’s, Ven Bruusgaard Organizations: CNN, Kremlin, Council, Russian Federation, “, Harvard, Getty, Norwegian Intelligence School Locations: Ukraine, Russia, Moscow, Washington, USSR, United States, ” Moscow, AFP, Russian

☆ Key Fed inflation gauge at 2.2% in August, lower than expected
▼ + stars: | 2024-09-27 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Economists surveyed by Dow Jones had been expecting all-items PCE to rise 0.1% on the month and 2.3% from a year ago. Excluding food and energy, core PCE rose 0.1% in August and was up 2.7% from a year ago, the 12-month number 0.1 percentage point higher than July. "All quiet on the inflation front," said Chris Larkin, managing director of trading and investing at E-Trade from Morgan Stanley. Personal income increased 0.2% on the month while spending rose 0.2%. At their meeting last week, policymakers indicated a likelihood of another half percentage point in cuts this year then a full point in reductions for 2025, though markets expect a more aggressive path.

Persons: Dow Jones, Chris Larkin, Morgan Stanley Organizations: Commerce Department, Fed, Stock Locations: U.S

☆ Hong Kong's New World Development shares surge 23% after CEO resigns
▼ + stars: | 2024-09-27 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

Signage at the New World Tower, which houses the headquarters of New World Development Co., in Hong Kong, China, on Thursday, Sept. 26, 2024. New World Developmen suspended trading of its shares in Hong Kong on Thursday morning. Shares of Hong Kong's New World Development surged following the resignation of Adrian Cheng, a member of the founding family. Hong Kong listed shares of the major development company traded 23% higher after trading resumed on Friday. New World's woes come as property pains continue to plague Hong Kong and mainland China.

Persons: Adrian Cheng, Cheng, Eric Ma Siu, Cheung, Alicia Garcia, Herrero, Hong Kong tycoons, China's Organizations: New, Hong, HK, Asia Pacific, CNBC, China's Locations: Hong Kong, China, Natixis, tycoons, Asia

☆ Muriel Furrer: 18-year-old cyclist dies after fall in junior road race
▼ + stars: | 2024-09-27 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +1 min

CNN —Muriel Furrer, an 18-year-old cyclist, has died after suffering a serious head injury in a race, the Union Cycliste Internationale (UCI) announced Friday. Furrer was competing in the women’s junior road race at the world championships in Zurich, Switzerland, on Thursday when she was badly injured in a fall. “With the passing of Muriel Furrer, the international cycling community loses a rider with a bright future ahead of her. The 18-year-old rider fell heavily yesterday, Thursday 26 September, during the Women Junior road race, and suffered a serious head injury before being flown to hospital by helicopter in a very critical condition. “The UCI and the Organising Committee of the 2024 UCI Road and Para-cycling Road World Championships offer their sincere condolences to Muriel Furrer’s family, friends and her Federation Swiss Cycling.

Persons: Muriel Furrer, Furrer, Muriel Furrer’s, “ Muriel Furrer’s, ” Organizations: CNN, Union Cycliste Internationale, UCI, Women Junior, Zurich University Hospital, “, Federation Swiss Cycling, ” CNN, Zurich Cantonal Police Locations: Zurich, Switzerland, Para, Swiss

☆ Dollar drifts, risk-sensitive currencies lifted by China optimism
▼ + stars: | 2024-09-27 | by ( ) www.cnbc.com time to read: +4 min

The dollar wobbled on Friday, poised for a fourth straight week of declines as investors weighed U.S. data to gauge the pace of interest rate cuts, while China's spree of stimulus measures kept risk-sensitive currencies aloft. The dollar wobbled on Friday, poised for a fourth straight week of declines as investors weighed U.S. data to gauge the pace of interest rate cuts, while China's spree of stimulus measures kept risk-sensitive currencies aloft. "This suggests a more cautious approach to interest rate cuts, prioritizing a balance between the Fed's employment mandate and keeping an eye on inflation risks." The risk-sensitive Australian and New Zealand dollars also held near multi-year highs due to China stimulus plans. AUD/On Thursday, China's leaders pledged to support the struggling economy through "forceful" interest rate cuts and adjustments to fiscal and monetary policies, stoking expectations for more stimulus.

Persons: Ryan Brandham, Sterling, China's Organizations: Federal Reserve, North America, Validus Risk, New, Communist Party, ING Locations: U.S, China, New Zealand

☆ 4 steps workers should take when their companies announce 5-day RTO, according to an employment lawyer
▼ + stars: | 2024-09-27 | by ( Jane Zhang | ) www.businessinsider.com time to read: +8 min

Companies requiring 5-day RTO will lose valuable employees, says Craig Levey, an employment lawyer. Levey lays out four steps employees can take if their company announces an RTO policy. Here are the steps I'd take if a client came to me about their company switching to a five-day RTO policy:1. Related storiesWell-written employment agreements will include a clause providing the employer with the flexibility the amend any and all terms. But if you have some leverage, you can negotiate into your employment agreement that you're going to be working remote or hybrid.

Persons: Craig Levey, Levey, —, doesn't, you've, they'll, haven't, Jane Zhang Organizations: Service, Bennett, Belfort, Starbucks, Disabilities, Opportunity Commission Locations: P.C, Cambridge , Massachusetts, Newport, Seattle

☆ Israeli politics swirl as Hezbollah conflict ramps up
▼ + stars: | 2024-09-27 | by ( Mick Krever | ) edition.cnn.com time to read: +10 min

“It’ll take him months on end to train for the job,” said Gadi Eisenkot, a highly respected former Israeli military chief and member of the opposition. Policy and domestic politics are impossible to separate in any democracy, but especially in Netanyahu’s Israel – and especially now. Remarkably, Netanyahu held a security consultation on Wednesday but did not invite his defense minister, an Israeli official told CNN. Hezbollah says that it’s attacking Israel in solidarity with the Palestinian people in Gaza; Israel wants to get Hezbollah to stop firing even without a Gaza ceasefire and hostage deal. With both the Philadelphi Corridor and Hezbollah, Netanyahu’s critics have questioned why, if they were so critical, he waited months to raise the stakes over those issues.

Persons: Benjamin Netanyahu, Yoav Gallant, Gideon Sa’ar, “ It’ll, ”, Gadi Eisenkot, –, Gallant, Netanyahu, Israel –, Itamar Ben, Gvir, Ben Gvir, Ben Gvir’s, Abir, ” Eyal Hulata, “, ’, ” Gallant, Baz Ratner, it’s, ” Gilad Malach, Netanyahu’s, ” Malach, Damocles, Sa’ar, Bezalel Smotrich, Ammar Awad, Reuters Eisenkot, I’m, Gallant –, Malach, Michael Shemesh, Kan, ” Shemesh Organizations: Israel CNN, CNN, Reuters, Foundation for Defense of Democracies, IDF, Israel Defense Forces, Israel Democracy Institute, National Security, Finance, General Staff Locations: Tel Aviv, Israel, Lebanon, Gaza, United States, Abir Sultan, ” Lebanon, Egypt, Israeli, New York

☆ Mark Cuban says Trump has turned the GOP into his family business
▼ + stars: | 2024-09-27 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +5 min

Mark Cuban says Trump has turned the Republican Party into his own "family business." AdvertisementMark Cuban said former President Donald Trump has made the Republican Party his "family business." The former president has five children — Donald Trump Jr., Ivanka Trump, Eric Trump, Tiffany Trump, and Barron Trump. Lara Trump is a former TV news producer and has been a fixture in her father-in-law's political career. Cuban and representatives of Trump didn't immediately respond to a request for comment from Business Insider, sent outside business hours.

Persons: Mark Cuban, Trump, Kamala Harris, —, Donald Trump, CNBC's, Cuban, David Tepper, Gary Gensler, Tepper, Gensler, we've, — Donald Trump Jr, Ivanka Trump, Eric Trump, Tiffany Trump, Barron Trump, Jared Kushner, Lara Trump —, Eric —, Lara Trump, Lara, MAGA, Donald Trump Jr, who's, Barron, Ross, Westcott, John Deere, Brian Tyler Cohen, Joe Biden, Harris Organizations: Republican Party, CNBC, Cuban, Service, GOP, SEC, Republican National, RNC, Trump, Team Publishing, Gen, Trump . Cuban, Democratic, Axios, Business Locations: Cuban, Mexico, American, Silicon

☆ A $28 trillion problem is about to get much worse. Harris and Trump are ignoring it
▼ + stars: | 2024-09-27 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +8 min

But now, as the dangers of a widening deficit and mounting debt grow, former President Donald Trump and Vice President Kamala Harris are making little effort to address it. A budget deficit occurs when a country’s spending exceeds what it collects in revenue, primarily through taxes. The deficit is expected to widen under the status quo and could get even worse under proposals by both Harris and Trump, if enacted. During the Trump-Harris presidential debate earlier this month, the budget deficit was mentioned just twice, when Harris jabbed Trump for his proposals, which are expected to add considerably more to the deficit than hers. In the 2021 fiscal year, during which Trump left office, the country ran a $2.8 trillion deficit.

Persons: Donald Trump, Kamala Harris, Harris, Trump, Jerome Powell, “ It’s, ” Powell, Harris jabbed Trump, ”, Maya MacGuineas, “, Barack Obama, we’ve, I’ve, Obama, Mitt Romney, ” Obama, Romney, Hillary Clinton, Powell, MacGuineas, There’s, Kent Smetters, aren’t Trump, Smetters, aren’t Organizations: New, New York CNN, White, Trump, Republican, Democratic, Congressional, CNN, University of Pennsylvania’s Wharton School, Penn Wharton Budget, ”, Republicans, Democrats, “ Locations: New York, China, Japan

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