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At a memorial service this week outside the concert hall where Islamist extremists are suspected of carrying out a deadly terrorist attack, one of Russia’s most popular pro-Kremlin rappers warned “right-wing and far-right groups” that they must not “incite ethnic hatred.”At a televised meeting about the attack, Russia’s top prosecutor, Igor Krasnov, pledged that his service was paying “special attention” to preventing “interethnic and interfaith conflicts.”And when President Vladimir V. Putin made his first comments on the tragedy last weekend, he said he would not allow anyone to “sow the poisonous seeds of hatred, panic and discord in our multiethnic society.”In the wake of the assault near Moscow that killed 139 people last Friday, there has been a recurring theme in the Kremlin’s response: a fear that the tragedy could spur ethnic strife inside Russia. While Mr. Putin and his security chiefs are accusing Ukraine — without evidence — of having helped organize the killing, the fact that the four detained suspects in the attack are from the predominantly Muslim Central Asian country of Tajikistan is stoking anti-migrant rhetoric online.
Persons: , , Igor Krasnov, “ interethnic, Vladimir V, Putin Organizations: Kremlin, Ukraine, Central Locations: Moscow, Russia, Central Asian, Tajikistan
Global warming and extreme heat will drive inflation higher, a new study says. In the next decade, climate change could bump up food inflation by as much as 3.23% per year and headline inflation by as much as 1.18%. "A worst-case emission scenario would cause pressures on food inflation exceeding 4% [per year] across large parts of the world." According to a new study published in the journal Communications Earth & Environment, the effects of global warming and extreme heat are expected to create persistent increases in headline and food inflation. Related storiesThat could bump up food inflation by as much as 3.23% a year on average globally, and push headline inflation up by as much as 1.18% in the coming decade.
Organizations: Service, Environment, Potsdam Institute, Climate Impact Research, European Central Bank Locations: Africa, South America
“The economy is strong, the labor market is strong and inflation has come way down,” Fed Chair Jerome Powell said Wednesday. Fed officials continue to expect three rate cuts this year but the days of ultra-low interest rates are long gone. Up NextMonday: The Chicago Fed releases its National Activity Index for February. The US Commerce Department releases February data on sales of new single-family homes. The US Commerce Department releases February data on household spending, income and the Fed’s preferred inflation gauge.
Persons: Goldman Sachs, Jerome Powell, Mike Skordeles, Skordeles, ” Stephanie Lang, Homrich Berg, , Clare Duffy, Reddit, Read, Lisa Cook, Christopher Waller Organizations: Washington CNN, Fed, Truist Advisory Services, CNN, Atlanta Fed, Employers, New York Stock Exchange, Trading, IPOs, Chicago Fed, US Commerce Department, McCormick, GameStop, Global, Board, Wednesday, Walgreens Boots Alliance, US Labor Department, University of Michigan, National Association of Realtors
CNN —Elon Musk is showing the world how radicalized he has become. To those not fluent in the intricacies of right-wing media, some of what Musk said may have sounded bizarre or even foreign. But in the right-wing fever swamps, where Musk is now deeply entrenched, these are the issues that animate the masses. Once upon a time, Musk welcomed having a media personality like Lemon on the X platform. Unfortunately for the rest of the world, Musk is hell bent on taking everyone else down there with him.
Persons: CNN — Elon Musk, Don Lemon, Musk, , Joe, Donald Trump’s, Zoë Schiffer, Casey Newton, Lemon, , ” Lemon, Jason Sheeler Organizations: CNN, Biden, Pravda, SpaceX Locations: America, “ America
Slowing America’s rapid inflation has been an unexpectedly painless process so far. That flatline is stoking questions about whether the final phase in fighting inflation could prove more difficult for the Federal Reserve. Fed officials will have a chance to respond to the latest data on Wednesday, when they conclude a two-day policy meeting. The Fed’s most recent economic estimates, released in December, suggested that Fed officials would make three quarter-point rate cuts by the end of 2024. Some economists think it’s possible that officials could dial back their rate cut expectations, projecting just two moves this year.
Organizations: Federal Reserve, Fed
AdvertisementNo matter who you believe on the "bloodbath" comments, Trump's speech was full of other dark premonitions and statements — undisputed by his campaign — that foreshadow a grim campaign ahead as the country girds for a 7-month-long rematch between Trump and President Joe Biden. Here's a transcript of Trump's "bloodbath" comments at the Dayton, OH rally yesterday. It technically wasn't even a Trump rally. Beginning his speech, Trump called the defendants "unbelievable patriots." "I don't think you're going to have another election in this country if we don't win this election," Trump told his supporters.
Persons: Trump, , Donald Trump, that'll, There's, Joe Biden, Here's, 6NgMQeSkqa, 9yH5g2hkfY — bryan metzger, Bernie Moreno, Lee Greenwood's, Gavin Newscum, JB, Biden, it's, Ruth Wyatt, Wyatt, she's, I'm Organizations: Service, Trump, Dayton International, Buckeye Values PAC, Citizen Free Press, Illinois Gov, Greenville Locations: Ohio, Dayton, Vandalia , Ohio, Tuesday's, Russia, California, South Carolina, Washington
The intensifying military cooperation between Russia and Niger is central to the dispute between the US and the Nigerien junta, officials said. Russia and Niger agreed to strengthen their military ties in January, Russia’s Defense Ministry said at the time. If the US were forced to withdraw, counterterrorism efforts across the region could take a hit, officials said. In return, Russia is profiting off the region’s natural resources, another official said, including the gold mines in Niger. Several European countries shared this goal, offering a measure of support to the junta, the official noted.
Persons: Michael Langley, Celeste Wallander, Col, Maj, Amadou Abdramane, Langley, Matthew Miller, ” Miller, what’s, Nusrat al, Organizations: CNN, US Africa Command, Air Base, American, Nigerien, Russia’s Defense, EU, Pentagon, Kremlin, West, Russian Federation, National Council, Wagner, US Locations: Africa, Russia, Africa . Niger, Niger, United States, America, Nigerien, Sahel, stoking, China, Russian, Central Africa, , Niamey, US, Agadez, Mali, Burkina Faso, Abdramane, Western Africa, Northwest Africa
The Republican Main Street Partnership, a group that supports center-leaning House Republicans, plans to direct half a million dollars into a bid to defeat Representative Bob Good, a hard-right lawmaker from Virginia, making an unusual push to oust a sitting Republican member of Congress. The move is notable not just because the group, through its campaign giving arm, is inserting itself into the kind of intramural fight against an incumbent that it typically avoids. Its Capitol Hill headquarters serve as something of a counterweight to the Conservative Partnership Institute, which operates nearby as the nerve center of the right. But as the Republican Party has veered toward the extreme right, purging itself of what was once a sizable and influential bloc of centrists, the Main Street Partnership has also shed the “moderate” label and changed the nature of its mission. The group has recently expanded its membership to include far more conservatives, and has begun focusing less on centrism and bipartisanship and more on ridding Congress of G.O.P.
Persons: Bob Good, — John J, McGuire, Donald J, Trump, Organizations: Republican Main Street, House Republicans, Republican, Navy SEALs, Main, Capitol, Conservative Partnership Institute, Republican Party, centrists Locations: Virginia, G.O.P
CNN —For many of the 170 million TikTok users in the United States, Wednesday’s vote in the House of Representatives to effectively ban the social media platform is worrisome. That’s just one reason why it’s laughable to hear China’s foreign ministry claim that the TikTok bill would disrupt market operations and undermine investor confidence. Most of the world’s most popular social media apps, incidentally, are banned in China unless they — or their user data — are locally based and thus easily overseen by the government. She has had multiple meetings with legislators and has spoken with Trump about protecting TikTok, according to the Washington Post. The government needs to develop oversight rules for all social media.
Persons: Frida Ghitis, Donald Trump, TikTok, Shou Chew, , Jack Ma —, Xiao Jianhua, National Intelligence Avril Haines, Trump, ” Trump, , Jeff Yass, Kellyanne Conway, Meta’s Mark Zuckerberg Organizations: CNN, Washington Post, Politics, ByteDance, Frida Ghitis CNN, Pew Research, Facebook, Oracle, National Intelligence, Rutgers University, Air Force One, Microsoft, Trump, Citizens United Locations: United States, Washington, Russia, TikTok, Beijing, That’s, China, Israel, Tibet, Hong Kong, USSR
During Trump's trade war, Chinese consumers turned away from some U.S. goods and services in protest. SBUX 1Y mountain Starbucks 1 year Shares of Starbucks rose 1% on Monday as investors, perhaps, shrugged off China trade war worries. Such a scenario could fuel skepticism — already a worry among investors — about Starbucks' appeal to a broad swath of Chinese consumers. "I fear they're too expensive for China," Jim Cramer recently said, referring to Starbucks. As the coffee market matures in China, Starbucks believes the industry will undergo a more defined tiered competition dynamic, which would expand opportunities as a high-end brand.
Persons: Donald Trump, Joe Biden, Kevin Johnson, we're, shrugged, Jim Cramer, Jeff Marks, Peter Saleh, wouldn't, Saleh, Trump, Biden, Jim Cramer's, Jim, Alex Tai Organizations: CNBC, Democratic, Starbucks, U.S, Club, Getty Locations: China, U.S, Washington, Beijing, Trump, India
Ron Gutman, a tech entrepreneur, shared his 'stoke, stage, stack' framework to make habits last. Gutman runs 365 days a year, even when it's snowing because he's always prepared for the environment. One tech entrepreneur shared his "stoke, stage, stack" framework that turns goals into long-lasting habits. "I run every morning, no fail, 365 days a year," Gutman said adding that he runs on the beach or in the park. If I didn't have the proper running shoes, I would very quickly hurt myself.
Persons: Ron Gutman, Gutman, he's, , You'll, " Gutman, it's, James Clear's, BJ Fogg's, BJ Fogg Organizations: Service, Stanford University Locations: stoke
… I’m completely done with smart devices like that.”24-year-old Heather Hines is among the Wyze users whose personal camera footage was viewed during a recent security breach. Henderson, who owns 10 Wyze cameras, said he is starting to replace them with other brands. It also raises the question about whether the value of smart devices is worth the risks. Amazon and Google have experienced security breaches with Ring and Nest security devices in recent years. People can also reconsider how many smart devices they actually need in the home.
Persons: Heather Hines, Hines, , “ I’m, ” Hines, I’m, Eddie Henderson, Henderson, Dave Cosby, Tuck, Paddy Harrington, That’s, Michela, Michela Menting, , ” Harrington, It’s, you’ve, they’ll, ” Menting Organizations: CNN, Wyze, Consumer, Amazon, Walmart, Sears, Federal Communications Commission, US, Forrester Research, Attackers, Google, ABI Research, Consumer Product Safety, White, FBI Locations: Southern California, Nova Scotia, Canada, China, ” Haddington
Hedge fund billionaire Ray Dalio attended a Taylor Swift Eras Tour concert in Singapore, and posted a selfie from the packed venue along with a caption explaining why he thought the megastar should be the next president of the United States. the Bridgewater Associates founder Dalio wrote Thursday on Instagram. Dalio later tweeted an update, elaborating on his frame of mind when he made the first post, and explaining it. "Re: my Taylor Swift for president! Perhaps he now hopes Swift will fill in the blank space left by Haley's recent departure for the race.
Persons: Ray Dalio, Taylor, @TaylorSwift, !, Dalio, Taylor Swift, Swift's, Joe Biden's, Donald Trump, Swift, Nikki Haley Organizations: Bridgewater Associates, Pentagon, CIA, Biden, Super, Trump, United Nations Locations: Singapore, United States, Bridgewater, U.S
A real estate boss expects at least 500 banks to fail or be taken over in the next two years. Scott Rechler, CEO of RXR, said the maturing of commercial real estate loans would hit smaller lenders. Commercial real estate has been hit by declining asset prices, costlier borrowing, and tighter lending. AdvertisementHundreds of American banks will collapse or be taken over by 2026, a top real estate executive predicted. Silicon Valley Bank, Signature Bank, and Silvergate Bank folded last spring after worries about their health spurred a wave of deposit withdrawals.
Persons: Scott Rechler, , Fortune, I'm, It's, Jamie Dimon's Organizations: Service, Deposit Insurance Corporation, Silicon Valley Bank, Signature Bank, Silvergate Bank, New, New York Community, Federal Reserve, JPMorgan Locations: New York
Get Ready for the Great Trump Diaspora
  + stars: | 2024-03-06 | by ( Paul Starobin | ) www.businessinsider.com   time to read: +10 min
The Atlantic devoted an entire issue to the authoritarian horrors in store for America "If Trump Wins." AdvertisementA second Trump presidency, Speer said, could serve as a "catalyst" that further fuels the growing diaspora of Americans living in exile. Since 2015, Democrats Abroad, the foreign-based arm of the DNC, has nearly tripled its membership. Since 2015, Democrats Abroad, the foreign-based arm of the Democratic National Committee, has nearly tripled its membership, which now numbers in the hundreds of thousands. My wife and I are both Trump decriers, although we didn't begin our Italy property search to find a refuge from MAGA-infused America.
Persons: specter, Donald Trump —, Trump, Gallup, George W, Bush's, Barack Obama's, Doris Speer, Speer, , Roe, Wade —, Martha McDevitt, Pugh, Emily, Francophiles, Ernest Hemingway, James Baldwin —, Nicole Kidman's, MAGA, batty, it's, John Galey, Paul Starobin Organizations: Washington Post, Trump, America, Association of Americans Resident Overseas, dodgers, DNC, Democratic National Committee, Leggett, Italy Facebook, Côte, IRS, Citizens Abroad, Los Angeles Times, New Books Network Locations: Umbria, Italy, Montana, Tuscany, Texas, Tennessee, America, Canada, Washington, Paris, United States, Iraq, Europe, Vietnam, Sedona , Arizona, Portugal, Spain, France, United Kingdom, Norway, Netherlands, Hong Kong, Bangkok, Buenos Aires, Golden, California, MAGA
Could President Biden, who claims to have labor-friendly policies, be the one to turn the tide by appealing to the White working class and giving his party a much-needed electoral boost in the process? After all, issues affecting poor White voters, such as health care, higher education and increased access to childcare have long been traditional Democratic priorities. That gaffe echoed Obama’s off-the-cuff remark in 2008 that “bitter” low-income voters “cling to guns or religion” — comments that didn’t endear him to the White working class, either. Some White voters of modest means perceive Democrats as being determined to secure equality for minority groups at their expense. And working-class White Americans tended for some reason not to perceive Obamacare — the president’s signature social policy achievement — as immediately benefiting them.
Persons: Keith Magee, I’m, Donald Trump, Keith Magee Arron Dunworth, pollsters, Biden, White, , Du Bois, Bill Clinton, Hillary Clinton —, They’ve, , MAGA, Hillary Clinton’s horrendously, Caroline Graham of, Barack Obama’s, Obama, Obamacare, Trump, , you’ll, ” —, Martin Luther King, Jr, Will Biden Organizations: University College London Institute for Innovation, Newcastle University, CNN, Republicans, White, Democratic, Trump, Brookings Institution, Infrastructure Investment, Jobs, United Auto Workers, Poor Locations: American, America, Trump, Michigan, Thursday’s
Read previewRight-wing boycotters have set their sights on another major brand: Doritos. Representatives for Doritos, PepsiCo, and Hudson did not immediately respond to BI's request for comment. AdvertisementOn Tuesday, Doritos Spain announced it was cutting ties with Hudson because of comments she reportedly made that resurfaced online, Newsweek reported. Advertisement"I don't remember having written such barbarities," she wrote, according to a Rolling Stone translation. While brand boycotts are nothing new, experts previously told Business Insider that political polarization in the US, combined with culture wars and panic-stoking media coverage, have been gaining steam in recent years.
Persons: , Samantha Hudson, Hudson, Doritos, Rolling Stone, BoycottDoritos, Dylan Mulvaney, aren't Organizations: Service, PepsiCo, Hudson, NBC News, Business, Doritos, Newsweek, Stone, Bud Light Locations: Spain, Doritos Spain, Spanish
On Saturday, he told crowds in Greensboro, N.C., and Richmond, Va., that he believed Mr. Biden was “giving aid and comfort” to America’s foreign enemies. Throughout his campaign, Mr. Trump has ramped up warnings about threats he portrays as damaging to traditional American values. On Thursday, Mr. Trump visited Eagle Pass, Texas, where Gov. Mr. Trump is planning an extreme expansion of his anti-immigration policies if he wins the election in 2025, including what he calls the “largest domestic deportation operation” in U.S. history. And Mr. Trump would reimpose a Covid-era policy that would refuse asylum claims on the basis that migrants carry diseases like tuberculosis.
Persons: Donald J, Trump, baselessly, Biden, , ” Mr, Joe Biden, Mr, Trump’s, Greg Abbott, , Dave Johnson, ” Charles Homans Organizations: Trump —, Republican, American, Texas National Guard, Mr Locations: North Carolina, Virginia, United States, Biden’s, United States of America, Greensboro, N.C, Richmond, Va, Eagle, , Texas, Graham
Today, NATO's naval power is far superior to Russia's. NATO may dominate the oceans, but that may not be much help if Russian tanks invade the Baltic States or Poland. Or more specifically, use naval power to scare Moscow into allocating its scarce resources to defending its huge coastlines rather than invading neighbors. "Rather than naval combat per se, the purpose of Russian sea power is to ensure that the Russian state can compete and engage in conflict safely and effectively," the essay said. In 2024, the fear is that NATO ships could launch long-range guided missiles at the Russian heartland.
Persons: Napoleon, Hitler fumed, Russia —, Kaushal, Rene Balletta, Alfred Thayer Mahan, Michael Peck Organizations: Service, Channel, Royal Navy, NATO, Alliance, Britain's Royal United Services Institute, Russian Navy, Black, Century, Russia, Russian Army and Aerospace Forces, West, Baltic, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: British, Russia, Baltic States, Poland, Moscow, Britain, Europe, Asia, Russian, Crimean, Sevastopol, Ukraine, Russia's, Finland, Norway, Forbes
Mark Zandi, chief economist at Moody's Analytics, said the increase in foreign-born workers is "taking pressure off the economy." The growth in foreign-born workers comes amid a contentious immigration policy debate in the U.S. Immigrants' share of the labor force has increased since 1996, when the Bureau of Labor Statistics began collecting such data. A growing population and labor force are key components of a healthy economy and the nation's ability to pay its bills, economists said. In other words, the economy is both absorbing immigrants and generating job opportunities for U.S.-born workers, the institute said.
Persons: Mark Zandi, it's, Alejandro Mayorkas, John Moore, Muzaffar Chishti, Jack Malde, Qian Weizhong, Steven Camarota, Camarota, Paul Ratje, Eric Thayer, Malde, EPI, Zandi, There's, Luis Alvarez Organizations: U.S . Bureau of Labor Statistics, Moody's, Republicans, U.S, Department of Homeland, U.S . Border Patrol, U.S . Department of Homeland, Getty, Migration Policy Institute, CNBC, Foreign, U.S . Immigrants, Bureau of Labor Statistics, Pew Research Center, Social Security, Congressional, Office, Center, Immigration, . Border Patrol, Getty Images, Federal Reserve Bank of San, Center for Immigration Studies, Afp, Bloomberg, Economic Policy Institute, National Academies of Sciences, Engineering, Medicine, Digitalvision Locations: U.S, Mexico, Eagle Pass , Texas, San Diego , California, Federal Reserve Bank of San Francisco, Paso, Ciudad Juarez , Mexico, Los Angeles
Stanley cups have been wreaking havoc at Target stores and tearing tween relationships apart. AdvertisementWith Stanley cups stoking utter chaos among desperate Target shoppers (and employees) — and tearing apart middle schools — the brand is looking for ways to calm the fervor around its limited-edition launches. tumbler comes in an "ornate" striped box, according to Stanley, featuring a "rich ganache powdercoat finish" and gold accents. Advertisement"One of our priorities is to prevent bots and resellers from depleting stock meant for our genuine fans," Stanley said. Stanley SVP Matt Navarro told CNN he hopes the changes the company made "provide all consumers with a wider aperture and more user-friendly [online] experience to get the Stanley products they love."
Persons: Stanley, , tumbler, EQL, they'd, Andrew Lipp, Matt Navarro Organizations: Service, CNN, PMI Worldwide, Nike Locations: Australia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCroft: Guyana has been a big driver of supply in the oil market, and is hugely important to ExxonRBC Capital's Helima Croft discusses the global importance of a giant oil block in Guyana, that's prompting a corporate dispute between Chevron and Exxon Mobil, and stoking geopolitical tensions.
Persons: Helima Croft Organizations: Exxon RBC, Chevron, Exxon Mobil Locations: Croft, Guyana
New York CNN —Retail investors are optimistic about the stock market again despite a backdrop of geopolitical and economic uncertainty. CNN’s Fear & Greed Index, which measures seven barometers of market sentiment, closed at an “extreme greed” reading on Thursday. Unsurprisingly, investors are largely bullish on artificial intelligence-related stocks over the next three months, according to the Schwab survey. The job market has also stayed remarkably strong even as interest rates hover around a 23-year high, helping keep recession worries at bay. About 48% of traders believe the US will likely avoid a recession this year, up from 23% last quarter, according to the Schwab survey.
Persons: Charles Schwab, Schwab, , James Kostulias, stoking, Anna Bahney, , Lawrence Yun, Read, Henri Nestlé, Wegovy, Hanna Ziady, Mark Schneider, ” Read Organizations: CNN Business, Bell, New York CNN, Retail, , Dow Jones, Bureau of Labor Statistics, Federal, National Association of Realtors, NAR Locations: New York, United Kingdom, Japan, Washington, Swiss
If Biden drops from the presidential race, it would likely lead to a contested convention in August. AdvertisementFor years, Democratic President Joe Biden has been plagued with critiques about his old age and perceived cognitive skills. With no candidate having amassed a majority of the nation's delegates, the Democratic presidential nominee was decided at the 1968 Democratic National Convention in Chicago, where anti-war protesters angrily demonstrated outside. AdvertisementMost of the state delegates at the convention voted for Humphrey, leading him to win the Democratic Party's nomination. Unless Biden stuns the party and suddenly drops out, the current 81-year-old president is on a fast track to obtaining the Democratic presidential nomination.
Persons: Biden, Lyndon B, Johnson, Hubert Humphrey, , Joe Biden, Robert Hur's, Martin Luther King Jr, Sen, Eugene McCarthy, Robert F, Kennedy, Humphrey, McCarthy, Dan Rather, Walter Cronkite, we've, Dan, Richard Nixon, Jaime Harrison, Donald Trump — Organizations: Service, Democratic, Convention, Republican, Democratic National Committee, DNC Locations: Vietnam, New, Memphis, Chicago
CNN —US politics is now split by a fault line over Russia that could have far graver global implications even than condemning Ukraine to defeat after President Vladimir Putin’s invasion. Trump has also not repudiated his recent comment that he’d invite Russia to invade NATO nations that fell short of non-binding targets on defense spending. Aside from the mysterious hold that Putin appears to exert over Trump, the ex-president’s hostility towards Ukraine is easily explainable. Opposing aid to Ukraine is also an almost perfect issue for the ex-president and his allies in the GOP primary. These pressures weigh on Republican lawmakers as they cast increasingly tough votes on Ukraine aid.
Persons: Vladimir Putin’s, Donald Trump, Trump, Mike Johnson –, Johnson, Joe Biden, Biden, Volodymyr Zelensky, Russia’s, ” Biden, Zelensky, , Alexey Navalny, Hungary’s Viktor Orban, Putin’s, Putin, Trump’s, Kevin McCarthy’s, hasn’t, Ohio Sen, JD Vance, Ukraine “, Vladimir Putin, ” Vance, Barack Obama, , , Vance, Nikki Haley, Haley, Sen, Pete Ricketts, Ricketts, ’ ” Ricketts, , ’ ”, It’s, Mitch McConnell Organizations: CNN, Donald Trump Republicans, NATO, Trump, GOP, Senate, Republican, Soviet, European Union, Russian, Republican Party, Republicans, Munich, Ohio, United, Chicago Council, Global Affairs, Trump Republicans, Ukraine Locations: Russia, Ukraine, Europe, Avdiivka, Russian, Kremlin, America, United States, Munich, China, , Ohio, Crimea, East Asia, Beijing, Moscow, Iran, North Korea, we’re, ’ ” The Nebraska, Soviet Union
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