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New York CNN —It’s easy to dismiss many presidential candidates’ campaign promises as empty, because Congress would need to approve them. Alex Durante, an economist at the Tax Foundation, a right-leaning think tank, told CNN that 100% tariffs would threaten the economy. It’s possible he is floating 100% tariffs as just a threat designed to change the behavior of other countries. ‘No question it’s inflationary’The Trump campaign did not provide an explanation to CNN about how Trump would implement 100% tariffs nor what the trigger would be. He said Trump’s tariff plan, if enacted, would risk setting off a market panic like former UK Prime Minister Liz Truss did in 2022.
Persons: New York CNN —, Donald Trump, Trump, ” Trump, , you’re, ” Maury Obstfeld, Obstfeld, ” Obstfeld, Christine McDaniel, George W, Bush, , McDaniel, George Mason University’s, Alex Durante, ” Durante, Brian Hughes, ” Hughes, , Harris, Kamala Harris, ” Kent Smetters, Smetters, Wharton “, it’s, ” Wharton, Liz, Joe Brusuelas, ” “ I’m, Joe Biden, Biden, Brusuelas, Liz Truss, Matt Priest, Trump’s Organizations: New, New York CNN, Peterson Institute for International Economics, CNN, International Monetary Fund, Trump, United States Trade Representative, Commerce Department, Tax Foundation, University of Pennsylvania’s Wharton School, Penn Wharton Budget, Wharton, ABC, RSM, Democratic, Footwear Distributors, Retailers of America Locations: New York, Wisconsin, United States, China, Russia, , American
The DOJ did not name Tenet Media but NBC News identified the company based on its description in the indictment. Unlike the influencers alleged to have been victims of RT and Tenet Media, who denied knowing they were working for Russia, Chen has said nothing since the indictment made news. “By connecting to and interacting with one another through YouTube videos, influencers with mainstream audiences lend their credibility to openly white nationalist and other extremist content creators,” Lewis wrote. Following the unsealing of the indictment, TheBlaze fired Chen and Turning Point USA removed her author page from its website. YouTube terminated all four of Chen’s pages, erasing thousands of videos and nearly a decade of work, including the channel for Tenet Media.
Persons: Lauren Chen, Chen, Liam Donovan, Candace, Jason Davis, Dave Rubin, Tim Pool, Benny Johnson, Lauren Southern, — Chen, , Michael Knowles gushed, Richard Spencer, ” Knowles, Tenet, Milo Yiannopoulos, ” Yiannopoulos, she’s, Yiannopoulos, Spencer, Rebecca Lewis, Ben Shapiro, Lewis ’, ” Lewis, Evie, Mark Levin, Michelle Malkin, Glenn Beck’s TheBlaze, TheBlaze, , Fuentes’s, Nikki Haley “, Matt Christiansen, Donovan “ Organizations: Department of Justice, DOJ, NBC News, Tenet Media, Trump, RT, Getty, YouTube, Tenet, University of Southern, College Republicans, Brigham Young University, Facebook, Southern Poverty Law Center, Data & Society, , , Scouting, United Nations Locations: Russian, Russia, Nashville, Tenn, Southern, Canadian, Shanghai, Singapore, London, , University of Southern California, Charlottesville , Virginia, Stanford, Israel, Gaza, Ukraine
SKIP AHEAD How I picked the best backpacks for college students | The best backpacks for college students | How to shop for a backpack as a college student | Why trust NBC Select? How I picked the best backpacks for college studentsThere are several factors to consider when looking for a backpack if you’re a college student. Padding and ergonomics: Both of our experts, chiropractor Dr. Matt Cavanaugh and ergonomics expert Kevin Costello, said that padded wide shoulder straps are essential for college students looking to prioritize comfort. It comes with both shoulder straps and two leather loops on top that you can fasten with the metal button. It has a flexible water bottle pocket on the side, a trolley sleeve, a 17-inch laptop sleeve and breathable padding on the back to reduce sweating.
Persons: you’re, chiropractor Dr, Matt Cavanaugh, Kevin Costello, Costello, , , It’s, Alo Stow, Alo, Calpak Kaya, Nikki Brown, she’s, it’s, Jordan Bowman, “ I've, Orvis, I've, Josh Rios, Rios, I’ve, Beckmann, Lauren Swanson, Herschel, ” Alan Hedge, Matthew Cavnugh, Alan Hedge, TikTok Organizations: NBC, Adidas, America, Cornell Institute for Healthy Futures, Cavanaugh Chiropractic, Cornell University’s College of Human, Facebook, Twitter Locations: Herschel, United States, Lafayette , Louisiana
“Let’s have a good debate,” Harris said. The debate amounted to a missed opportunity for many Trump allies, who hoped that a solid performance would turn the page on Harris' "honeymoon" period. “She failed to meet the moment, with President Trump effectively reflecting the economic anxieties off Americans.”“Kamala’s joy doesn’t pay the grocery bills,” he added. “It is important that transgender individuals who rely on the state for care receive the treatment they need, which includes access to treatment associated with gender transition,” Harris wrote. In an early morning call-in to "Fox and Friends," Trump once again defended his debate performance and predicted Swift would regret her endorsement.
Persons: Kamala Harris, Harris, Donald Trump, strolled, , ” Harris, ” Trump, Trump, Joe Biden, “ Kamala, , Matt Gaetz, Gavin Newsom, Sen, JD Vance, ” Elon Musk, Laura Ingraham, Harris “, Christopher Rufo, “ Harris, David Muir, Linsey Davis, “ I’m, Ed McMullen, Trump’s, Roe, Wade, ” McMullen, , ’ Sean Hannity, ” Omeed Malik, Taylor Swift, ” Swift, Swift Organizations: Trump, Senate, , Republican, MSNBC, PAC, Fox News, NBC News, ABC, Democratic, CNN, American Civil Liberties, California Department of Corrections, Rehabilitation, ” Fox, Wall Street, Fox Locations: Philadelphia, Florida, what’s, California, Ohio, South Carolina, Switzerland
Following Donald Trump’s lead, Johnson has tied a six-month funding bill to the SAVE Act, which would overhaul voting laws to require people to show proof of citizenship when registering to vote. Senate Majority Leader Chuck Schumer, D-N.Y., Democrats and some Republicans are pushing for a “clean” funding bill that would keep the government open until December, after the election. The government will shut down at 12:01 a.m. on Oct. 1 unless Republicans and Democrats strike a deal to extend funding. Because of their miniscule majority, House Republicans can only afford four GOP defections if all lawmakers vote. “I’m a firm NO on bankrupting the nation and a YES on election integrity,” Mills said.
Persons: Mike Johnson’s, Donald Trump’s, Johnson, Chuck Schumer, Joe Wilson, Cory Mills, Jim Banks, Matt Rosendale, Andy Biggs of, Tim Burchett, “ I’ve, ” Burchett, ” Mills, Trump, don’t Organizations: WASHINGTON, SAVE, Democrats, Republicans, GOP, CRs, Armed Services, Foreign Affairs Locations: Cory Mills of Florida, Jim Banks of Indiana, Matt Rosendale of Montana, Andy Biggs of Arizona, Tennessee, , China
Former President Donald Trump said he would not sign a federal abortion ban Tuesday night during a presidential debate with Vice President Kamala Harris, saying he did not think it would be needed. “Democrats, Republicans and everybody else, and every legal scholar, wanted it to be brought back into the states,” Trump said. Harris responded by saying women in states that cracked down on abortion after Roe v. Wade was overturned have faced nightmare scenarios. Abortion has been a politically dominant issue since Roe v. Wade was overturned in 2022, and throughout the race, it has been a tricky one for Trump to navigate. I’ve disagreed with that right from the early primaries when I heard about it,” Trump said last month.
Persons: Donald Trump, Kamala Harris, “ I’m, ” Trump, Harris, we’ve, Trump, Sen, JD Vance, Roe, Wade, ” Harris, Linsey Davis, , Ron DeSantis, I’ve, I’ll Organizations: NBC, Supreme, Democrats, Republicans, ABC, Trump, Gov, Locations: Ohio, U.S, Florida
Financials have been on a tear lately, and some stocks in the space could break out. The S & P 500 financial sector has advanced more than 16% this year and nearly 4% over the past month. It's also jumped 7% during the third quarter, outperforming the S & P 500's 0.3% increase. The S & P 500 and the Nasdaq Composite are both down more than 2% in September. KKR YTD mountain KKR stock.
Persons: It's, Wells Fargo, Nicholas Watts, there's, Matt O'Connor Organizations: Nasdaq, CNBC, Stock, KKR, Atlantic, Global, LSEG, Deutsche Bank, Bank of America, Deutsche, Berkshire Hathaway Locations: U.S, financials, Wells Fargo, Berkshire
Investors swiftly penalized Trump’s social media business following the former president’s widely panned debate performance. Trump Media initially spiked 10% that day, before fizzling and ending in the red. Trump Media has at times become a way for traders to bet on the political fortunes of Trump and the chances he returns to the White House. Trump is not only the dominant shareholder in Trump Media, he is the most popular user on Truth Social, the company’s only significant product. The lock-up restrictions preventing Trump from selling his 114.75 million shares in Trump Media are set to expire later this month.
Persons: Donald Trump, Kamala Harris, Trump, Joe Biden’s, ” Matthew Tuttle, Harris ’, , ” Tuttle, Michael Block, AgentSmyth, , ” Block, didn’t, Biden Organizations: New, New York CNN, Trump, Trump Media & Technology Group, Social, ABC, CNN, Trump Media, Tuttle Capital Management, ” Trump, White, Truth Locations: New York, Coinbase
Just before midnight on Tuesday, Vice President Kamala Harris was about to greet supporters at a post-debate party in Philadelphia when aides pulled her aside with some news she had not been ready for: Taylor Swift had just endorsed her. For a vice president already riding high from her performance against former President Donald J. Trump, the blessing of Ms. Swift, the 34-year-old megastar — and the most famous childless cat lady in the world — came as a pleasant surprise. “Hard work is good work, and we will win,” Ms. Harris said in brief remarks, leaving Ms. Swift’s endorsement to speak for itself. In the weeks since President Biden turned his campaign over to Ms. Harris, she has used several high-stakes moments to build out a case against Mr. Trump.
Persons: Kamala Harris, Taylor Swift, Donald J, Trump, Ms, Swift, , ” Ms, Harris, Biden Organizations: Democratic Locations: Philadelphia
Related storiesThe media center, set in a cavernous convention center hall the size of a football field, could have been anywhere. Shapiro finishing an interview with CNN in the spin room. Rep. Robert Garcia in the spin room. And most of us understand that the spin room is a manifestation of the unholy mixture of news and entertainment that's often inescapable as a national reporter. If you care what Anthony Scaramucci has to say about anything, as the Harris campaign apparently thinks you might, then he's on hand.
Persons: Doug Burgum, Donald Trump's, Burgum, Kamala Harris, It's, Trump, Harris, Bryan Dozier, , Ronald Reagan's, Robert F, Kennedy Jr, Josh Shapiro, Shapiro, Chip Somodevilla, it's, We're, Robert Garcia, Joe Biden's, Garcia, Matt Slocum, surrogates, Matt Gaetz, Donald Trump, Vivek Ramaswamy, Lindsey Graham of, Anthony Scaramucci, Khizr Khan, Ramaswamy, Sean Hannity, Lindsey Graham, Tim Scott of, Kevin Dietsch Organizations: Service, Pennsylvania Convention Center, GOP, Variety, Pennsylvania Convention, Getty, National Constitution, CNN, Twitter, AP, Star, Democratic, Fox News, Trump Locations: California, Pennsylvania, Florida, Sen, Lindsey Graham of South Carolina, Sens, Tim Scott of South Carolina
Harris and Trump didn't interact after the debate ended Saul Loeb/AFP/Getty Images Trump speaks during the debate. Chip Somodevilla/Getty Images Trump supporter Pat Tuttle watches the debate from Jonathan's Grille in Nashville, Tennessee. Saul Loeb/AFP/Getty Images Harris averages 49% support across recent polls while Trump stands at 48% in the latest CNN Poll of Polls . Matthew Hatcher/AFP/Getty Images Trump and Harris shake hands at the start of the debate. Harris introduced herself by name and said, “Let’s have a good debate.” Trump responded: “Nice to see you.
Persons: Donald Trump, Kamala Harris, strode, Harris, Trump, Mike Tyson’s, , didn’t, Joe Biden, David Muir, Linsey Davis, Michael Le Brecht, Sean Hannity, CNN's Kaitlan Collins, Collins, Chip Somodevilla, Douglas Emhoff, Saul Loeb, Alex Brandon, Pat Tuttle, George Walker IV, Sen, John McCain, Tristen Rouse, CNN Trump, Win McNamee, Adam Gray, Doug Mills, CNN Harris, peppering, Sheena Carey, Morry Gash, he’d, , ” Trump, Christine Rogers, Matthew Hatcher, ” Saul Loeb, Roberto Schmidt, Andrew Thomas, Robert F, Kennedy Jr, Kennedy, Jim Lo Scalzo, Anthony Scaramucci, Olivia Troye, Matt Rourke, Hannah Beier, Lilly, Evelyn Hockstein, Matt Slocum, Kenny Holston, don’t, George W, Bush, it’s, they’ve, There’s, Biden, Taylor Swift, Tim Walz, Harris didn’t, unaccountably, JD Vance, Barack Obama’s, she’s, Viktor Orban, Trump’s, hadn’t, Vladimir Putin, “ You’re, you’re Organizations: CNN, ABC News Trump, Fox News, National Constitution Center, Getty, Trump, Pennsylvania Convention Center, Images, Affordable, People, Nasdaq, New York Times, Bloomberg, AP, AP Trump, Philadelphia International Airport, AFP, Philadelphia City Hall, Former Trump, Reuters, ABC, Force, White, Central, Five, Biden Locations: America, Philadelphia, Pennsylvania, Nashville , Tennessee, Washington ,, New York, Milwaukee, United States, AFP, Afghanistan, , Hungarian, Ukraine, Russia
Gold prices holds steady with U.S. CPI data on radar
  + stars: | 2024-09-11 | by ( ) www.cnbc.com   time to read: +2 min
Gold bars and gold coins of different sizes lie in a safe on a table at the precious metal dealer Pro Aurum. Gold prices steadied on Wednesday, as investors keenly awaited the U.S. inflation data for hints on the size of the Federal Reserve's potential interest rate cut next week. The U.S. Consumer Price Index data is due at 1230 GMT, while the Producer Price Index reading and initial jobless claims are due on Thursday. The Fed will lower interest rates by 25 basis points at each of the three remaining policy meetings in 2024, according to a majority of economists in a Reuters poll. Zero-yield bullion tends to be a preferred investment amid lower interest rates and geopolitical turmoil.
Persons: Matt Simpson, Price, Jerome Powell's, Peter Fung, Yoav Gallant Organizations: Aurum, Federal, Index, U.S, Consumer, Metals Locations: Gaza, Lebanon
Best red carpet looks from the MTV VMAs
  + stars: | 2024-09-11 | by ( Oscar Holland | ) edition.cnn.com   time to read: +3 min
See below for some of the red carpet’s best looks so far. Jamie McCarthy/WireImage/Getty ImagesAward host Megan Thee Stallion’s eye-catching gown featured a corseted bodice and flared out above and below the knee. Noam Galai/Getty ImagesLil Nas X’s bold pink outfit left social media users wondering whether he was channeling his inner Power Ranger. Noam Galai/Getty ImagesTaylor Swift. Jamie McCarthy/WireImage/Getty ImagesLenny Kravitz, who was awarded the Best Rock VMA on the red carpet, arrived in a shirtless all-black leather look, complete with matching necktie.
Persons: Donald Trump, Kamala Harris, Gaga’s, Madonna, Megan Thee Stallion, Billie Eilish, BlackPink’s Lisa, Tyla, Andrew Kelly, Katy Perry, Michael Jackson, Valerie Terranova, Scrappy, Jamie McCarthy, Megan Thee, Matt Baron, BEI, GloRilla, Noam Galai, Nas, Taylor Swift, Angela Weiss, Shawn Mendes, Suki Waterhouse, Margaret Qualley, Jack Antonoff, Reuters Halle Bailey, Kevin Mazur, Addison Rae, Anthony Harvey, Shutterstock Doechii, Sean, Camila Cabello, Paris, Nicky Rothschild, Evan Agostini, Halsey, Versace, Elizabeth Hurley, Reuters Anitta, Reuters Quavo, Gilbert Flores, Sabrina Carpenter, Bob Mackie, Shutterstock Chappell Roan, Lenny Kravitz, Walker, Dimitrios Kambouris, Lisa, Blackpink, Shutterstock Damiano David of Måneskin Organizations: CNN, UBS Arena, MTV’s, Getty, Reuters, Paris Hilton, Best, VMA Locations: New York
So why were Vice President Kamala Harris and former President Donald Trump talking so much about expanding oil production during Tuesday night’s debate? Fossil fuel will be dead,” Trump said. For all the candidates’ talk of promoting fossil fuel production, it’s not clear that America needs drastically more oil. US oil production has already spiked to a record of 13.4 million barrels per day, according to weekly federal data. So it would likely take an extreme — or calamitous — event to get gas prices back below $2.
Persons: Kamala Harris, Donald Trump, Harris, fracking, Biden, Trump, they’ll, ” Trump, Andy Lipow, he’s, It’s, it’s, Lipow, , Bob McNally, doesn’t, McNally, George W, Bush, , America Organizations: CNN, Senate, Lipow Oil Associates, AAA, Rapidan Energy, US Energy Information Administration, Travel Locations: America, United States, Pennsylvania, OPEC, China
He's coached soccer greats Lionel Messi and Kylian Mbappé — and now Mauricio Pochettino will be taking the helm of the U.S. Men’s National Team, ending the high-profile search for the person to lead the team into the 2026 World Cup on home soil. “I am so excited to become the new head coach of [the] U.S. men’s national team. The men’s national team is coming off a stinging and humbling experience at this summer’s Copa America, which was also played in the U.S. Pochettino and the U.S. Men’s National Team now find each other at perhaps a perfect — or imperfect — time. The Copa America laid bare some glaring deficiencies, including at center-back, full-back and even goalkeeper, long a position of strength for the national team.
Persons: He's, Lionel Messi, Kylian, Mauricio Pochettino, , Pochettino, Germain, Emma Hayes, Mauricio, Cindy Parlow Cone, should’ve, Gregg Berhalter, Christian Pulisic, Robin Alam, Matt Crocker, Crocker, he’s, Harry Kane, Paris Saint, who’d, Todd Boehly, Christian, Weston McKennie, Tim Weah, Folarin Balogun, it’s Organizations: Men’s, men’s, Argentine, Chelsea, Tottenham Hotspur, Paris Saint, . Soccer, Copa America, CONCACAF Nations League, AC Milan, USMNT Sporting, TNT, Southampton, Tottenham, Premier League, Spurs, Champions League, Liverpool, League, PSG, French Super, Clearlake Capital, U.S, Men’s National Team, CONCACAF Locations: U.S, England, Paris, France, Netherlands, Italy, Mexico, Canada, Southampton, London, Pochettino’s, Chelsea
A federal judge issued an injunction Tuesday partially blocking the enforcement of a New Hampshire law that bars some transgender students from competing on school sports teams that align with their gender identity. Last month, two transgender teenage girls and their families sued New Hampshire education officials, arguing that the measure violates Title IX civil rights rules, which prevent sex discrimination in federally funded education programs and activities. The Biden administration expanded Title IX rules in April to include protections for students on the basis of sexual orientation and gender identity. Moreover, the expansion of the Title IX rules is temporarily blocked in at least 10 states and faces ongoing court challenges in roughly 10 others. Chris Sununu, a Republican, took action on two separate bills affecting the state’s trans community in July, in addition to the sports measure.
Persons: Bill, Iris Turmelle, Turmelle, ” Turmelle, ” I’m, , Judge Landya McCafferty, Parker Tirrell, McCafferty, ” McCafferty, Goodwin Procter —, Parker, Iris, ” Chris Erchull, Biden, Donald Trump, Chris Sununu, Sununu Organizations: Pembroke Academy, United, Civil Liberties Union, New, NBC News, Advancement, White, New Hampshire Gov, Republican Locations: New Hampshire, Pembroke, United States, — Massachusetts, NH,
WASHINGTON — Despite mounting opposition from his own party, Speaker Mike Johnson, R-La., vowed Tuesday to stay the course and put his government funding package on the House floor on Wednesday. His initial strategy to avert a government shutdown at the end of the month is expected to fail and deal House Republicans an embarrassing blow. Due to their paper-thin majority, Republicans can afford only a handful of GOP defections on the vote, and many more than that have publicly voiced their opposition. “I am in this to win this,” Johnson told reporters at his weekly news conference. Afterward, the speaker added: “We are going to put the SAVE Act and the CR together, and we’re going to move that through the process.
Persons: Mike Johnson, Donald Trump, Johnson, , ” Johnson, , Jim Banks, Cory Mills, Matt Rosendale, Montana —, Mills, Dan Meuser, ” Meuser, “ Shutdowns, Sen, Thom Tillis, Bill Cassidy, “ I’m, ” Cassidy Organizations: SAVE, Democratic, White, GOP, Republicans Locations: WASHINGTON, Jim Banks of Indiana, Florida, Montana, Mexico
In mounting an attack against Trump, Harris can pick and choose from a Golden Corral-scale buffet of material. “I suspect there will be some surprises during the debate,” Jason Miller, a Trump campaign spokesman, said Monday while briefing reporters. Will Trump speak more broadly beyond his base? Even when he knocked Biden out of the race in the last debate, Trump didn’t inspire key voting blocs. “He’s going to talk about what he wants.
Persons: Donald Trump, Joe Biden, Kamala Harris, Trump, Harris, , Robert Rowland, Biden, she’s, Mike Pence, “ Mr, Pence, baselessly, she’d, , ” Jason Miller, Hillary Clinton, Philippe Reines, Reines, Trump’s, I’m, Will Trump, it’s Harris ’, ” Trump, he’s, didn’t, “ Kamala, Matt Gaetz, It’s, Rowland, Tulsi Gabbard, David Muir, Linsey Davis, he's, it's, ” Reines, “ He’s Organizations: Trump, ABC News, National Constitution, University of Kansas, New York Times, Siena College, Capitol, Democratic, ABC, Social Security Locations: Philadelphia, California, Manhattan, Pittsburgh, San Francisco, Kansas
Tuesday’s debate between Vice President Kamala Harris and former President Donald Trump is the culmination of 75 days of utter and unprecedented campaign chaos — and the beginning of a 55-day race to Election Day through equally uncharted waters. The best-polling third-party candidate in a generation, Robert F. Kennedy Jr., saw his numbers collapse, and he is out of the race and supporting Trump. The sides even flipped on the debate rules, with the Harris campaign (unsuccessfully) pushing for open microphones during the whole debate after Biden’s team favored turning candidates’ mics off when it is not their turn. Harris’ campaign put a policy page on her website only on Monday. For making it through the past 75 days of chaos, America now gets 55 days of unpredictability with little precedent in modern history.
Persons: Kamala Harris, Donald Trump, , , Jared Leopold, Joe Biden, Sen, JD Vance, Tim Walz, Robert F, Kennedy Jr, Harris, , Craig Snyder, Snyder, Haley, Nikki Haley, Matt Gorman, “ Kamala, Trump, Caitlin Legacki, Legacki, Biden, Walz, Harris ’, Richard Czuba Organizations: Trump, Minnesota Gov, Republican, Democratic, Democrats ’, Biden, Detroit, Michigan Locations: R, Ohio, Philadelphia, Pennsylvania, Covid, Gaza, Lansing, America
On Sept. 9, Meredith Gaudreau delivered a heartbreaking speech for the Columbus Blue Jackets player during the joint funeral for him and his brother. Through tears, Meredith Gaudreau recalled their love story and spoke about welcoming their first child together, a baby girl named Noa. Three kids.’”She added that their oldest child, Noa, has not celebrated her second birthday yet. Her pregnancy news came after her sister-in-law Madeline Gaudreau read her eulogy to husband Matthew and also mentioned being pregnant. Johnny and Matthew Gaudreau previously played together at Boston College before their professional careers.
Persons: Meredith Gaudreau, Johnny Gaudreau, Matthew Gaudreau, Noa, John, “ John, There’s, ” Meredith Gaudreau, , , we’ve, Madeline Gaudreau, Matthew, Meredith, Matty, Tripp, “ Matthew, Matt, ” Madeline Gaudreau, “ I’m, Johnny, Jerry York Organizations: Columbus Blue Jackets, New Jersey State Police, NBC Philadelphia, NJ Advance Media, Boston College Locations: New, New Jersey
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
CNN —The long-awaited official hire of former Chelsea manager Mauricio Pochettino as the new head coach of the US men’s national soccer team (USMNT) has finally come to fruition. Pochettino represents a significant get for the US and will bring a wealth of top-level coaching experience to the team. Pochettino has also notably been the head coach of Tottenham Hotspur and Paris Saint-Germain, where he led PSG to a Ligue 1 title. Pochettino joins the US after previous head coach Gregg Berhalter was fired following a disappointing Copa América exit in July. It is expected Pochettino would be on the touchline for the USMNT match versus Panama on October 12.
Persons: Mauricio Pochettino, Matt Crocker, “ Mauricio, Mauricio, ” Pochettino, Pochettino, Premier League’s, Germain, Gregg Berhalter Organizations: CNN, Chelsea, US, soccer, Soccer, New Zealand, TNT, US Soccer, Premier, Premier League’s Chelsea, Tottenham Hotspur, Paris Saint, PSG, Ligue, Copa América, Panama Locations: United States, Argentine
Sports betting is continuing its integration into modern sports culture, and industry leaders do not expect the growth to slow down any time soon. As much tailwind as sports betting companies have received from growing legalization and popularity across the country, taxes and ethical concerns have presented difficulties. Several states have a 51% tax on sports betting companies, and Illinois recently approved a tax increase on sports betting revenue. Sports betting has also garnered negative headlines in recent months as professional sports leagues have struggled to effectively stop players from violating betting and gambling rules. The speakers also addressed widespread concerns about whether the nature of sports betting companies' business models discourages them from providing proper guardrails to stop gambling problems.
Persons: Wrigley, Michael Rubin, Matt King, CNBC's Contessa Brewer, Marie Donoghue, DraftKings, Jontay Porter, that's, Christian Genetski Organizations: Chicago Cubs, Philadelphia Phillies, Sports, FanDuel, CNBC, PointsBet's U.S, NBA Locations: Illinois
Apple 's high stakes September launch event left some Wall Street analysts feeling unsettled. The largest company in the U.S. announced a host of new products Monday at its California headquarters, including a new Apple Watch, AirPods and the highly anticipated iPhone 16 that harnesses AI tools called Apple Intelligence. The delayed AI launch also creates uncertainty for sales volumes over the next two quarters, Long added. UBS analyst David Vogt viewed the event as "anticlimactic," adding that Apple offered no "killer" AI application. Elsewhere, Piper Sandler's Matt Farrell reiterated his neutral rating and $225 price target, noting that a slow rollout of Apple Intelligence could actually hamper enthusiasm for the features.
Persons: Tim Long, Apple, Long, Bernstein's Toni Sacconaghi, David Vogt, Wells, Aaron Rakers, Samik Chatterjee, MoffettNathanson's Craig Moffett, Tim Cook, Piper, Matt Farrell, Brandon Nispel Organizations: Apple, U.S, Apple Watch, Apple Intelligence, Barclays, UBS, Beta Locations: California, China, Europe
Here’s a look at what could happen to inflation, jobs and the deficit if Trump or Harris win in November. That, among other things, would keep the top tax rate individuals pay at 37% compared to 39.6% before it went into effect. Meanwhile, the tax proposals Harris has put forth so far mostly involve imposing higher taxes, which would have a positive impact on the deficit. For instance, she’s endorsed raising the top individual income tax rate to 44.6% and the top long-term capital gains tax rate to 28% versus the current 20%. Taken together, the Penn Wharton Budget model estimates Harris’ proposals could increase the deficit by an additional $1.2 trillion by 2034.
Persons: Kamala Harris, Donald Trump, Harris, Goldman Sachs, Trump, Warwick McKibbin, Goldman, she’s, , Justin Wolfers, Kevin Dietsch, He’s, Elon Musk, She’s, Joshua Gotbaum Organizations: New, New York CNN, Labor Department, Trump, Peterson Institute for International Economics, Gross, University of Michigan, CNN, Federal Reserve, Treasury Department, Wharton Budget, Social Security, Penn, Wharton Budget Model, Penn Wharton Budget, Brookings Institution Locations: New York, United States, Penn
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