DIRS.INFO The most relevant business & tech news

The sticky notes have popped up in gyms and restrooms and even on tampon boxes. Nace doesn’t wait to meet with the La Las to write her sticky notes. Sticky notes became a way for women to participate in politics “without feeling or being afraid of having any repercussions,” she said. It's not clear who started the grassroots sticky notes campaign. Kelly Callaway, 54, of Lino Lakes, Minnesota, ordered sticky notes and estimates she has posted more than 200.

Persons: Kamala Harris, —, Harris, Walz, Susan Visser Saez, Donna Savage, Liz Nace, “, Harris ’, Nace, ” Nace, Kelly Johnson, ”, It's, Jill Keller, Sen, JD Vance, Visser Saez, Courtney Lane, Kelly Callaway Organizations: NBC News, Harris Facebook, Lee’s, Trump, Biden, ”, Republican, Republicans, Facebook, NBC Locations: Bella Vista , Arkansas, Tulsa , Oklahoma, Lee’s Summit , Missouri, Kansas City, Kansas, R, Ohio, Lino Lakes , Minnesota

Though government officials criticized the paper’s reporting, that year it was rated among the city’s most credible news outlets by Hong Kong residents, according to a survey by researchers at the Chinese University of Hong Kong. We are targeting national security offenses,” Steve Li, chief superintendent of the national security police, said at the time. Earlier this month, the Hong Kong Journalists Association, a local press group, said dozens of Hong Kong journalists had been targeted by a “systemic” online and offline harassment and intimidation campaign that was the largest in scale the group had ever seen. There have also been rising reports of non-local journalists being denied work visas or entry to Hong Kong, an international media hub. Hong Kong ranked 135th out of 180 countries and territories in Reporters Without Borders’ 2024 World Press Freedom Index, compared with 70th in 2018.

Persons: Chung Pui, Patrick Lam, Hong, ”, Chung, Lam, Edmond So, Hong Kong’s, Steve Li, “, ” Chung, shirk, Selina Cheng, John Lee, Aleksandra Bielakowska Organizations: European Union, Hong, Stand, China Morning Post, Reuters, Chinese University of Hong, police, Hong Kong Journalists Association, Hong Kong, China’s Foreign Ministry Locations: Hong Kong, U.S, British, Asia, Beijing, Chinese University of Hong Kong, Taiwan

NASA/ReutersHurricane Helene made landfall near Perry, Florida, as a Category 4 storm with 140 mph sustained winds and higher gusts. Hurricanes are rated 1 through 5 on the Saffir-Simpson Hurricane Wind Scale based on their wind speed. Category 3: 111-129 mphNow in “major hurricane” territory, wind damage is much more widespread. Well-built homes will be heavily damaged, with most of the roof blown away. Most well-built homes will be destroyed, and many will be stripped to the foundation.

Persons: Helene churns, Helene Organizations: NASA, Reuters, Hurricanes, Simpson Locations: Florida, Perry , Florida, Big Bend, “

And right now, the presidential campaigns’ dollars are talking about the “blue wall” — and about defining Kamala Harris. But there’s an equal amount of contrast spots, as well as positive ads telling the affirmative case for Harris. Pennsylvania is drawing far and away the most ad spending this month, from both parties. While Pennsylvania drew almost 20% of Democratic presidential ad spending and 11% of Republican spending over this period in 2020, it’s drawing more than a quarter of each party’s spending this year. Meanwhile, a longtime swing state, Iowa, has ceased to be a main battleground — with a resulting drop in ad spending.

Persons: Kamala Harris, Harris, Donald Trump’s, “, Donald Trump, ”, Alex Conant, Harris — we’ve, ” Conant, Harris ’, haven’t, Joe Biden, Trump, AdImpact, Kamala, “ Trump, “ Kamala Harris, “ Kamala, —, ” Harris, Aneesa McMillan, didn’t, “ Nobody’s, Georgia — there’s, Biden, It’s, Republicans —, they’ve, Republicans duked, Ron DeSantis Organizations: Wisconsin —, Republicans, Republican, Democratic, Trump, USA, NBC News, Texas ., Pennsylvania, Georgia, Democrats, Sun, Republican Gov Locations: Pennsylvania , Michigan, Wisconsin, Pennsylvania, Georgia, Nevada, Florida , Ohio, Texas, Texas . Georgia, Michigan, Arizona, Iowa, Florida

☆ Zelenskyy's meeting with Harris and spat with Trump reveal a growing partisan divide on Ukraine
▼ + stars: | 2024-09-26 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +9 min

Vice President Kamala Harris is meeting with Ukrainian President Volodymyr Zelenskyy during a trip to the U.S., while former President Donald Trump isn’t, highlighting the growing partisan division over a key foreign policy issue. “The president of Ukraine is in our country, and he’s making little nasty aspersions toward your favorite president, me,” Trump said Wednesday in North Carolina. “Every time Zelenskyy comes to the United States, he walks away with $100 billion,” Trump said Tuesday in Georgia. “I want the war to stop,” Trump when he was pressed during his only debate with Harris. A senior Trump administration official echoed Trump to say the circumstances of any future settlement deal grow more fraught by the day.

Persons: Kamala Harris, Volodymyr Zelenskyy, Donald Trump isn’t, Harris, Zelenskyy, “, ” Trump, It’s, ” Zelenskyy, Trump, Moscow —, ”, we’re, Joe Biden, Hunter, Biden, Biden's, Sen, JD Vance, Vladimir Putin shouldn’t, Vance, Trump ”, Cartwright, Reid Smith, Charles Koch, ” Sen, Bob Casey, Matt Cartwright, Mike Johnson, ” Johnson, Oksana, Putin, Philip Gordon, Obama, Putin “, “ That’s, Andrzej Duda, Smith Organizations: White, Trump, United Nations General Assembly, Russia, Republicans, Yorker, New, NBC News, Casey, Democratic, Senate, Zelenskyy, General Assembly, Ukraine Locations: U.S, Ukraine, North Carolina, Moscow, United States, Georgia, Russia, Scranton , Pennsylvania, R, Ohio, Scranton, Pennsylvania, Russian, Kyiv, Europe, Poland

☆ Hong Kong gets two more giant pandas as Finland says it can’t afford its own bears
▼ + stars: | 2024-09-26 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

HONG KONG — Pandas An An and Ke Ke, a gift from Beijing to Hong Kong, arrived in the Chinese territory on Thursday to much fanfare, two days after Finland said it would return its own pair over mounting debts. Hong Kong officials welcomed the giant pandas at the city’s international airport with a red carpet on the tarmac and panda toys. The Sichuan-born male and female will increase the total number of pandas to six, the highest ever in the financial hub. Hong Kong leader John Lee said the pandas would soon receive new names through a public contest organized by the government. An An and Ke Ke’s arrival comes just after resident giant panda Ying Ying gave birth to twin cubs ahead of her 19th birthday.

Persons: Ke Ke, John Lee, Ying Ying, Xi Jinping, Jin Baobao, Roni Rekomaa, Ahtari, Risto Sivonen, Sivonen, ” Sivonen Organizations: HONG KONG —, Workers, Reuters, Nordic, Getty, Ahtari Zoo, Embassy Locations: HONG KONG, Beijing, Hong Kong, Finland, Sichuan, Guangdong Province, An, China, People’s Republic of China, Ahtari, AFP, Helsinki

☆ Dubai’s millionaires are fueling a private jet boom
▼ + stars: | 2024-09-26 | by ( Lucy Cormack | ) edition.cnn.com time to read: +9 min

Dubai, UAE CNN —It’s 3am at the VIP airport terminal of Dubai’s Mohammed Bin Rashid Aerospace Hub and an ultra-long range aircraft is readying for take-off. The luxury, 14-seat private jet is headed for Europe, just as soon as its main passenger and his entourage arrive. It’s an elite club that enjoys private jet travel, which can cost anywhere from $50,000 to $200,000-plus for a single leg. Mouallem said the private aviation industry was accustomed to “different kinds of shifts across the world with banning private aviation,” insisting that the focus should be not on banning flights but ensuring greater adoption of sustainable aviation fuel (SAF). So that’s really an operator decision and a supplier decision,” Avetkiyan said, adding that her customers shouldn’t feel guilty about the environmental impact of private aviation.

Persons: UAE CNN —, Mohammed Bin Rashid, it’s, ”, Lilit Avetikyan, Lilit, Voyex, Vanessa Budah, “, Knight Frank, they’ve, Faisal Durrani, Knight Frank Middle, Durrani, Youssef Mouallem, “ You’ve, ” Mouallem, they’re, you’re, ” Youssef Mouallem, Vistajet Mouallem, Mouallem, Avetkiyan, that’s, ” Avetkiyan, “ I’m Organizations: CNN, UAE CNN, Hub, McDonald’s, KFC, United Arab Emirates, Communications, Henley, Partners, US, Knight, Resorts, Resorts Tech, Resorts Dubai, Creative, International, Sharjah —, Gama Aviation, Sharjah International, European Federation for Transport, Sustainable, Emirates, Airbus, SAF, International Air Transport Association, Emirates SAF Locations: Dubai, UAE, Europe, Voyex, India, East, Russia, Africa, Gulf, Saudi Arabia, Sharjah, Netherlands

☆ Biden meets Vietnam leader to counter Hanoi’s ties with China and Russia
▼ + stars: | 2024-09-26 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +4 min

NEW YORK — President Joe Biden met with Vietnamese President To Lam for talks on Wednesday, aiming to deepen relations with the Southeast Asian country and manufacturing hub and counter its ties with China and Russia. Biden and Lam, the ruling Communist Party chief making his first visit to the U.S. as president, met on the sidelines of the United Nations General Assembly in New York. On meeting Biden on Wednesday, Lam hailed what he called Biden’s historic contribution to elevating bilateral relations. The Vietnam News Agency reported Lam told Biden that Vietnam was on the brink of a new era of development, and that it was a friend and reliable partner. “Vietnam will continue to firmly implement its foreign policy of independence, self-reliance, multilateralism and diversification,” Lam told Biden, the state media agency reported.

Persons: Joe Biden, Lam, Biden, ” Lam, Michelle Steel, “, ”, Alexander Vuving, Vladimir Putin, Murray Hiebert Organizations: YORK, Communist Party, United Nations General Assembly, U.S, cybersecurity, Vietnam News Agency, Meta, U.S . Rep, California Republican, Lam’s, NME, Hanoi, Inouye, Pacific Center for Security Studies, General, Washington, Southeast Asia, Washington’s Center, Strategic, International Studies Locations: China, Russia, New York, Vietnam, Hanoi, California, ”, United States, Hawaii, Inouye Asia, U.S, Asia, Cuba

☆ 50 Cent sets Diddy abuse allegations docuseries at Netflix: ‘It’s a complex narrative spanning decades’
▼ + stars: | 2024-09-26 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +4 min

Netflix is producing a docuseries from Curtis “50 Cent” Jackson about charges of sex trafficking and racketeering as well as sexual assault and violent abuse allegations against Sean “Diddy” Combs. It is a complex narrative spanning decades, not just the headlines or clips seen so far,” 50 Cent and Stapleton said in an exclusive statement to Variety. While the allegations are disturbing, we urge all to remember that Sean Combs’ story is not the full story of hip-hop and its culture. At the time, 50 Cent shared a clip on X that showed Bad Boy Records rapper Mark Curry alleging that Combs would spike bottles of champagne at his parties before women drank from them. Proceeds from the documentary, the rapper-producer said, will be used to support sexual assault victims.

Persons: Curtis “, Jackson, Sean “ Diddy ” Combs, Alexandria Stapleton, Stapleton, Sean Combs, Cent, Combs, Cassie Ventura, Mark Curry, Rodney “, Rod ” Jones, Jones, Grace O’Marcaigh, Christian, King ” Combs, Crystal McKinney, Kane, Dawn Richard, Cassie, ” Combs, ”, “ Organizations: Netflix, Stapleton, Texas Crew, Bad Boy Records, CNN, “, Homeland Security, Hollywood Locations: New York, Los Angeles, Miami

New York Mayor Eric Adams is expected to face federal charges by prosecutors out of the Southern District of New York as soon as Thursday, two sources familiar with the matter said Wednesday night. Before news of federal charges broke Wednesday, Adams was at a reception at the Metropolitan Museum of Art, which President Joe Biden also attended. “I do not see how Mayor Adams can continue governing New York City,” Ocasio-Cortez said on X. "However, it is clear that defending himself against serious federal charges will require a significant amount of the time and attention needed to govern this great city. The most appropriate path forward is for him to step down so that New York City can get the full focus its leadership demands."

Persons: Eric Adams, Adams, “, ”, Adams ’, Daniel Nigro, Nigro, Edward Caban, James Caban, Joe Biden, Douglas Muzzio, ” Muzzio, Alexandria Ocasio, ” Ocasio, Cortez, Brad Lander, Mayor Adams, Lander, ” Adams Organizations: York, Southern, of, FBI, NYPD, Turkish Consulate, Democratic, Fire, NBC News, Federal, Adams . Police, Authorities, Queens, Metropolitan Museum of Art, Baruch College, New Locations: of New York, New, Brooklyn, Turkish, Adams, Manhattan, New York, Alexandria, Cortez, New York City

Senate Foreign Relations Committee Chairman Ben Cardin was targeted by a caller who posed as a former top Ukrainian official during a recent Zoom call, according to a notice circulated to Senate offices and obtained by NBC News on Wednesday. According to the notice, the caller's questioning was "likely trying to bate the Senator into commenting on a political candidate." Cardin and his staff ended the call, the notice said, adding that Cardin's office contacted the State Department, which confirmed the caller was not Kuleba. Cardin referred to the caller as a "malign actor" in a statement about the incident his office released Wednesday night. NBC News reported this month that the Justice Department plans to file criminal charges in connection with the hacking of Trump’s campaign, according to two law enforcement officials.

Persons: Ben Cardin, Dmytro Kuleba, Punchbowl, Cardin, ”, bate, “, ” Cardin, Donald Trump's, Joe Biden's Organizations: Foreign Relations, Ukrainian, NBC News, Ukrainian Foreign, State Department, The State Department, Capitol Police, FBI, Justice Department Locations: Iran

Florida ranks sixth among states with the largest shares of homeowners who don't have meaningful insurance. Putnam County, in the northern part of the state, is at 32.9%, while in Miami-Dade County, nearly 25% lack homeowners insurance that would protect them from calamity. In Miami-Dade County, 33.5% of homeowners pay $4,000-plus a year, ranking it in the top 10 among the country's most populous counties. Curtis, who has lived in Taylor County for 40 years and is a former forester, said many of her neighbors can't afford to pay for insurance. Her insurance doesn't cover hurricane damage, so McDonald will anxiously await news from home until the storm passes, she said.

Persons: Michelle Curtis, Hurricane Helene, Curtis, Helene, Debbie McDonald, Hurricane Idalia, she's, McDonald Organizations: Southeastern, Atmospheric Administration, Miami, Dade, Census, Cedar Locations: Florida, Perry, Hurricane, Taylor County, Florida’s Big Bend, Southeastern U.S, Putnam County, Miami, Dade County, U.S, Cedar, Gainesville, Jacksonville

☆ Trump hawks $100,000 watches as he leverages his candidacy for profit
▼ + stars: | 2024-09-26 | by ( Steve Contorno | Alejandra Jaramillo | ) edition.cnn.com time to read: +2 min

The GOP nominee announced his latest branded merchandise, Trump Watches, on social media Thursday – 40 days before the election and on a day when he did not appear on the campaign trail. A disclaimer on the website discloses that neither Trump nor his company designed, manufactured, distributed or sold the watches. Rather, a company named “TheBestWatchesOnEarth LLC” licensed the Trump name to sell the line of wrist watches. This week, he also launched “Trump Coins” – a 1oz .999% silver medallion with the former president’s face on one side and his signature on the White House on the back. Like the watches, the Trump Coins are the result of another licensing deal.

Persons: Donald Trump, hawking, ” Trump, Trump, Donald Trump Jr, “, Kamala Harris, Steve Witkoff Organizations: CNN, GOP, Trump, Truth, “ Trump, White, Trump Coins, Mar

☆ ‘Today there is crying in baseball’: Athletics bid farewell to Oakland with one final victory
▼ + stars: | 2024-09-26 | by ( Homero De La Fuente | ) edition.cnn.com time to read: +6 min

The stadium is set to become the home for USL Championship League soccer team Oakland Roots starting in 2025. In a letter addressed to the fans ahead of the final home series, A’s owner John Fisher reflected on the team’s legacy in Oakland. “The A’s are part of the fabric of Oakland, the East Bay, and the entire Bay Area,” Fisher wrote. Countless dedicated staff members and Oakland Coliseum employees have poured their hearts into this team, and their efforts have meant so much to our community. The Oakland Coliseum sits in third place for the most no-hitters thrown (12), with the last being a perfect game by the New York Yankees’ Domingo German in 2023.

Persons: Hall, Hall of Famer Rickey Henderson, Dave Stewart, Barry Zito, Mason Miller, Travis Jankowski, ”, Ezra Shaw, Mark Kotsay, “, Kotsay, who’s, ” Kotsay, Let’s, Oakland A's Jacob Wilson, Oakland Coliseum Ezra Shaw, John Fisher, Fisher, ” Fisher, Lew Wolff, Oakland Coliseum Eakin, New York Yankees ’ Domingo, Dallas Braden, Peggy Lindsey Organizations: CNN, Athletics, Texas Rangers, “, Coliseum, Hall of Famer, Rangers, Las Vegas, Oakland, West Sacramento’s Sutter Health Park, Minor League, Sacramento, Cats, Major League Baseball, NFL’s Raiders, Sin City, Oakland A's, Oakland Coliseum, Getty, AFC, USL Championship League, Oakland Roots, Howard, Oakland Coliseum Eakin Howard, Raiders, New York Yankees ’, Mariners Locations: Oakland, West Sacramento’s, Las Vegas, Sin, Bay, Seattle

☆ CEO who coined 'coffee badging' says it shouldn't have a 'negative connotation'
▼ + stars: | 2024-09-26 | by ( Jennifer Liu | ) www.cnbc.com time to read: +2 min

Love it, hate it or wished it stayed under wraps, the secret on coffee badging is out, and not everyone is a fan. Some have faced repercussions: 70% of workers said they've been caught coffee badging by their bosses, and 16% are now required to be in the office for the full day. "There shouldn't be a negative connotation to coffee badging," says Frank Weishaupt, CEO of Owl Labs, who says he does it too. Being strategic about in-office time means "you're meeting with your colleagues, you're mentoring employees, you're being mentored or you're doing other collaboration activities," he says. Coffee badging, on the other hand, can boost productivity, he says, by inspiring teams to audit their calendars and be intentional about their in-person collaboration versus independent work time.

Persons: they've, doesn't, Frank Weishaupt, Weishaupt, he's Organizations: Owl Labs, CNBC

☆ Meta's new Ray-Ban glasses are pulling a bait and switch
▼ + stars: | 2024-09-26 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +6 min

Now, despite a rocky start three years ago, Meta's smart glasses are doing better than expected. Meta's Ray-Bans have a camera and speaker and are packed with AI. Meta's loftier goal, the Orion glasses , aren't quite there. Yet getting people into the Orion glasses may depend on getting people comfortable with smart glasses generally, and that's where the Ray-Bans could come in. And the Meta Ray-Bans make it even easier to use AI as you move through the world — no hands (and awkward air-pinching ) required.

Persons: Mark Zuckerberg, Ray, Zuckerberg, Meta's Ray, Meta's, They're, they're, George Jijiashvili, Peter Kafka, it's, Bob Dylan, Lady Gaga, Amanda Hoover Organizations: Orion, International Data Corporation, Apple, Microsoft, Google, IDC, Research, VR, Business

☆ Grubhub-owner Just Eat Takeaway to deliver sex toys in partnership with adult retailer Lovehoney
▼ + stars: | 2024-09-26 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Grubhub-owner Just Eat Takeaway.com said Thursday it had partnered with sex toy retailer Lovehoney Group, in an unexpected expansion into the so-called sexual wellness sector. Shares of Just Eat Takeaway.com climbed 2% Thursday, above the pan-European Stoxx 600 index's 1% gains. The firm's shares are down around 1% over the last 6 months amid a broader decline in food delivery stocks. This is the first big-name partnership of a takeaway delivery company with a sex-toy retailer, however. Just Eat bought Grubhub in June 2020, expanding the company's company's from Europe across the United States and Canada.

Persons: Takeaway.com, Guido Fambach, Honey Organizations: Lovehoney Locations: Fleet, England, Denmark, Austria, Europe, United States, Canada

☆ OpenAI CFO tells investors funding round should close by next week despite executive departures
▼ + stars: | 2024-09-26 | by ( Kate Rooney | ) www.cnbc.com time to read: +2 min

OpenAI CFO Sarah Friar is looking to reassure its investors that the richly valued artificial intelligence startup is still in a strong position and is poised to close a big funding round soon, despite losing top talent this week. In an email to OpenAI's investors seen by CNBC, Friar addressed the departure of Chief Technology Officer Mira Murati, who announced her departure on Wednesday. "I wanted to personally reach out following the news of Mira's departure from OpenAI," Friar wrote in the letter, which was viewed by CNBC. Friar said in the email that the funding round was oversubscribed and would close by next week. "Collectively, we remain laser-focused on bringing AI to everyone and building sustainable revenue models that fuel our operations and deliver value to our investors and employees," Friar wrote.

Persons: Sarah Friar, Friar, Mira Murati, Sam Altman, Bob McGrew, Barret Zoph, she's, OpenAI, Altman, Murati Organizations: CNBC, Microsoft, Apple Locations: OpenAI, San Francisco

☆ We're upping our price target on Costco after another steady quarter fortifies our thesis
▼ + stars: | 2024-09-26 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

The report didn't blow us away, but it still offered plenty of reminders on why Costco investors should stick around. Total revenue in its fiscal 2024 fourth quarter totaled $79.7 billion, missing analysts' expectations of $79.97 billion, according to estimates compiled by LSEG. Costco has succeeded for decades, but the high inflation of recent years has made the company's value-focused ethos really shine. Put it all together, we're increasing our price target on the stock to $950 a share from $875. In the quarter, Costco's membership renewal rate in the U.S. and Canada came in at 92.9%, a tick lower than the 93% rate observed in the third fiscal quarter, while worldwide held constant at 90.5%.

Persons: Gary Millerchip, Ron Vachris, Millerchip, it's, Kirkland, Costco's, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Costco, LSEG, Wholesale, Walmart, Club, Amazon, Costco's, Kirkland, Kirkland Signature, Management, U.S, CNBC Locations: Costco's, Yemen, U.S, Canada, Maine, Richmond , California

Donald Trump narrowly captured each on his way to collapsing the Democrats’ vaunted “blue wall” in 2016. Wages going up. Wages going up. I talk to my friends, ‘Your wages going up?’ No. The pandemic-era stimulus checks, which Trump made a point of putting his name on, also come up regularly.

Persons: Hurley Coleman III, ’ ”, Phil Kerner’s, us, ” Kerner, ”, Barack Obama, Donald Trump, Joe Biden, ” Coleman, Kamala Harris, Hurley Coleman, Coleman, “, ” Hurley Coleman Jr, –, Phil Kerner, hasn’t, Edward, he’s, Kerner, George W, Bush, Guy, “ I’m, CNN –, CNN ‘, Trump ’ Kerner, I’m, “ It’s, Hurley Coleman Jr, Harris, HJ, He’s, Trump, Biden, that’s Organizations: CNN, Trump, General Motors, GM, of God, atrophied, Phil Kerner CNN, Republican, Democratic National Convention Locations: Saginaw , Michigan, Pennsylvania, Erie, Central Michigan, Erie , Pennsylvania, Saginaw

☆ David Tepper says the Fed has to cut rates at least two or three more times to keep credibility
▼ + stars: | 2024-09-26 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Appaloosa Management's David Tepper said investors should believe the Federal Reserve when it says it will lower interest rates because the central bank has now to keep credibility. "Probably two or three interest rates, 25 basis point cuts, they have to do, or they lose credibility," Tepper said. You know, another 25, 25, 25 seems like it's going to have to be done." The super-sized rate cut last week came despite most economic indicators looking fairly solid. "It was around the 90s in that market where the where the Fed cut rates into Y2K in a good economy," he said.

Persons: David Tepper, Tepper, " Powell, Jerome Powell, Rich, " Tepper Organizations: Federal Reserve, Gross, Atlanta Fed, U.S, National Football League's Carolina Panthers Locations: U.S, China

6 Indiana Fever were defeated 87-81 in Game 2 by the third-seeded Sun to complete the best-of-three series sweep. Clark – who was named the unanimous AP WNBA Rookie of the Year on Sunday – led all scorers with 25 points and also had nine assists and six rebounds. Diana Taurasi plays what could be her last ever game as Lynx eliminate MercuryDiana Taurasi might have played her last ever WNBA game. She is a former MVP, three-time WNBA champion, six-time EuroLeague champion, six-time Olympic champion, 11-time WNBA All-Star and is widely considered to be one of the best women’s basketball players ever. She tied the WNBA playoff game scoring record with 42 points on 70% shooting, also recording five rebounds, four assists and two blocks.

Persons: Caitlin Clark’s, Clark –, –, ” Clark, “, ”, Clark, DiJonai Carrington, Jessica Hill, Boston, DeWanna Bonner –, Alyssa Thomas, Diana Taurasi, Napheesa Collier, Taurasi, that’s, Stephen Maturen, Griner, Natasha Cloud, Collier Organizations: CNN, Connecticut Sun, Minnesota Lynx, Indiana Fever, AP WNBA, WNBA, Indiana, Sun, Connecticut, Lynx, Phoenix Mercury, Target Center, Mercury, Las Vegas Aces, New York Liberty Locations: Iowa, South Carolina, Connecticut, Minnesota

☆ Trump’s promises would spike inflation and wipe out jobs, study finds
▼ + stars: | 2024-09-26 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

The paper represents the most comprehensive analysis to date on the combined impact of Trump’s trade, immigration and Fed proposals. In that scenario, employment would be 9% lower than baseline by 2028 and inflation would surge to 9.3% by 2026. “So-called economists and experts doubted President Trump’s economic plans in his first term. That means the same factory workers Trump says he is trying to help would be hurt the most. Fed Chair Jerome Powell, who was nominated by Trump in 2017, cautioned against any effort to interfere with Fed independence.

Persons: Donald Trump, Trump, “, Warwick McKibbin, Megan Hogan, Marcus Noland, they’ll, ” Karoline Leavitt, Trump’s, Kamala Harris, Harris, ” Trump, McKibbin, Mark Zandi, ”, Jerome Powell, ” Powell, We’re Organizations: CNN, Republican, Federal Reserve, Peterson Institute for International Economics, Peterson Institute, Trump, Security, ”, Peterson, Moody’s, Bloomberg Locations: United States, China, America, Georgia, Michigan, outflows

☆ Elon Musk talks a lot about free speech. But account suspensions on X have skyrocketed.
▼ + stars: | 2024-09-26 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

Elon Musk purchased Twitter with a pledge to make it a bastion for free speech. AdvertisementA new "transparency report" from X might surprise anyone who has heard its owner, Elon Musk, talk about the importance of free speech. Three years after Musk took control of the company and rebranded it X, it has finally released a new transparency report. According to its transparency reports at the time, Twitter suspended almost 873,000 accounts in the last half of 2019. That number grew to about 1.3 million account suspensions in the latter half of 2021.

Persons: Elon Musk, Musk, Alex Jones, Donald Trump, —, X, Donald Trump's, Infowars, Ken Klippenstein's, JD Vance, Trump's, Trump Organizations: Elon, Service, Twitter, CNN, Social, Trump, takedowns Locations: Brazil, Turkey, India

Unless the economic outlook changes, mortgage rates may hold steady for the rest of 2024. If they were to weaken unexpectedly, that could spur the Fed to cut rates more aggressively, which in turn could push mortgage rates down further. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. But now that inflation has decelerated and the Fed is expected to cut rates soon, mortgage rates have trended down. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.

Persons: you'll, They've, they've, Freddie Mac, it's, Fannie Mae Organizations: Fed, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Mortgage, Association Locations: Chevron

Search resuls for: "Last"

25 mentions found