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☆ CrowdStrike outage: We finally know what caused it - and how much it cost
▼ + stars: | 2024-07-24 | by ( Brian Fung | ) edition.cnn.com time to read: +6 min

CNN —Insurers have begun calculating the financial damage caused by last week’s devastating CrowdStrike software glitch that crashed computers, canceled flights and disrupted hospitals all around the globe — and the picture isn’t pretty. The estimates come the same day that CrowdStrike issued a preliminary report on how it inadvertently caused the widespread IT meltdown. Numerous Fortune 500 companies use CrowdStrike’s cybersecurity software to detect and block hacking threats. Only a small portion, around 10% to 20%, may be covered by cybersecurity insurance policies, Parametrix added. The company routinely tests its software updates before pushing them out to customers, CrowdStrike said in the report.

Persons: What’s, CrowdStrike, Parametrix, ” Fitch, —, Asia “, ” CrowdStrike, “, Sean Lyngaas Organizations: CNN, Fortune, Delta Air Lines, The Department of Transportation, Microsoft, Windows, United, Fitch, CrowdStrike Locations: Europe, Asia

☆ New York urges Supreme Court not to intervene in Trump’s hush money criminal case
▼ + stars: | 2024-07-24 | by ( Devan Cole | ) edition.cnn.com time to read: +3 min

CNN —New York’s attorney general urged the Supreme Court on Wednesday to stay out of Donald Trump’s hush money criminal case, arguing the nation’s highest court should not grant a novel request by Missouri to pause his sentencing hearing and lift the gag order imposed on the former president in the case. Earlier this month, Missouri Attorney General Andrew Bailey, a Republican, asked the Supreme Court for permission to file a complaint against New York to pause Trump’s September sentencing hearing and lift the restrictions on his speech – arguing in part that New York was infringing on the right of Missouri voters to hear from presidential candidates. “Allowing Missouri to file this suit for such relief against New York would permit an extraordinary and dangerous end-run around former President Trump’s ongoing state court proceedings and the statutory limitations on this Court’s jurisdiction to review state court decisions,” she wrote. For now, a limited gag order barring Trump from publicly speaking about prosecutors, court staff and their families remains in place at least until Trump is sentenced. CNN’s Lauren del Valle contributed to this report.

Persons: Donald Trump’s, Andrew Bailey, Letitia James, “, James, Trump’s, ”, Bailey, Trump, ” James, Stormy Daniels, CNN’s Lauren del Valle Organizations: CNN, New, Republican, Missouri, ”, Trump Locations: Missouri, New York, Manhattan

☆ Why Elon Musk is voting for the Republican party
▼ + stars: | 2024-07-23 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

Read previewSince the attempted assassination of former President Donald Trump, Elon Musk has vowed support for the Republican party and created a super PAC to fund the campaign. Up until the shooting, Musk repeatedly said he was undecided about who to vote for, despite several meetings with Trump. AdvertisementThe billionaire said he used to consider the Democratic party "the party of meritocracy," "personal freedom," and "free speech." "You really have to take an active role in reducing the number of laws and regulations," Musk said in the interview. "So I vowed to destroy the woke-mind virus after that," Musk said in the interview.

Persons: —, Donald Trump, Elon Musk, Jordan B, Musk, it's, I've, Trump Organizations: Service, Republican, Twitter, Peterson, Democratic, Business, Trump, Biden Administration, SpaceX Locations: Russia, China, North Korea

Though many Americans believe the housing market is at risk of crashing, the economists who study housing market conditions overwhelmingly do not expect a crash in 2024 or beyond. How low demand can cause a housing market crashA sudden drop in homebuying demand can lead to a housing market crash. What a housing market crash would mean for homebuyersAnything is possible, and nobody has a crystal ball to see for certain what will happen in the housing market in the coming months and years. Preparing for a potential housing market crashRight now, you probably don't need to be preparing for the housing market to crash. Housing market crash FAQsWhat are the key signs of an impending housing market crash?

Persons: homebuyers, Fannie Mae's, Lawrence Yun, Yun, isn't Organizations: Housing Survey, National Association of Realtors, Housing Locations: exurbs, Chevron

☆ Election Live Updates: Trump, Leaving Unity Behind, Insults Biden, Who Remains Sidelined With Covid
▼ + stars: | 2024-07-21 | by ( Neil Vigdor | ) www.nytimes.com time to read: +9 min

“They keep saying, ‘He’s a threat to democracy,’” Mr. Trump told the crowd of thousands inside the Van Andel Arena. “That’s democracy.”Still, Mr. Trump showed little sympathy for Mr. Biden. “Unifying the party,” Mr. Trump said as he took back the microphone, “it’s beautiful to watch.”Michigan is seen as a critical battleground state for both Mr. Trump and Mr. Biden in November. It is one of several that Mr. Trump won in 2016 only to lose to Mr. Biden four years later. “I chose him because he’s for the worker,” Mr. Trump said after Mr. Vance left the stage.

Persons: Donald J, Trump, JD Vance, Biden’s, Kamala Harris, Biden, Trump —, —, “, ‘, ’, “ They’re, ” Mr, Al Capone, Corey Comperatore, Butler, Donald Trump’s, Mr, Vance, Sean Solano, Solano, God, Hannibal Lecter, joyously, ”, Harris, Nancy Pelosi, Nancy, Sandy Pensler, Mike Rogers, Trump’s, he’s, “ He’s Organizations: Saturday, Democratic, Capitol, Van, Mr, Trump, Sporting, Republican, Republicans Locations: Ohio, Grand Rapids, Mich, United States, Butler, Pa, Nicaragua, Cutlerville, ” Michigan, Michigan

☆ For Trump, an incredible week since escaping death
▼ + stars: | 2024-07-20 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +5 min

CNN —Donald Trump may not have changed in the past week, but the presidential race clearly has. ► Watched President Joe Biden be isolated by the growing number of Democrats who worry he can’t beat him. If Biden were to look for inspiration on how to overcome the naysayers, he could find it in Trump. When Democrats win those states, they can win the White House. In the intervening days, CNN has learned that Crooks searched for information on both Trump and Biden, including for details about the Democratic National Convention.

Persons: Donald Trump, Trump, ►, Nikki Haley, Joe Biden, Biden, Sen, JD Vance, Ohio, Vance, Trump’s, George W, Bush, Democratic Sen, John Kerry, Zoe Lofgren, ”, Thomas Matthew Crooks, Crooks, Ethan Crumbley, Kimberly Cheatle, Marsha Blackburn, Cheatle Organizations: CNN, Republican, Trump, Republican National Convention, White, CBS News, Democratic, Biden, California Democrat, Democratic National Convention, Secret Service, Republicans, Secret Locations: Florida, Trump, New York, Grand Rapids , Michigan . Michigan, Pennsylvania, Wisconsin, California, Butler , Pennsylvania, Michigan, Butler, Tennessee

☆ Christian Conservatives March Ahead for God, for Country, and for Trump
▼ + stars: | 2024-07-20 | by ( Elizabeth Dias | ) www.nytimes.com time to read: 1 min

One after another, for four days, the testimonies for Donald J. Trump poured out. “God spared his life,” Franklin Graham, the evangelist, proclaimed. “Divine intervention” saved his father from the assassin’s bullet, Eric Trump said. Ben Carson, the former secretary of housing and urban development, said that when he saw his friend “escape death by mere inches” his thoughts “immediately turned to the book of Isaiah, which says, ‘No weapon formed against you shall prosper.’”And Mr. Trump himself said at the Republican National Convention, “I felt very safe because I had God on my side.”As many in the audience nodded and cried in the darkness, the message was unmistakable. Even as his speech was criticized by many for its divisive tone and length, for these believers, Mr. Trump appears supernaturally anointed, an embodiment of God’s blessing.

Persons: Donald J, Trump, “, ” Franklin Graham, ”, Eric Trump, Ben Carson, Isaiah Organizations: Republican National Convention

☆ 4 big questions couples who want to live together should ask each other, especially if they’re over 50
▼ + stars: | 2024-07-20 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +8 min

That is especially the case for couples over 50 — for whom living together may seem the easier option if they have already had long-term marriages. An analysis of federal data by the Pew Research Center found that in 2016, couples over 50 represented roughly a quarter of adults living together. But while some concerns may be more urgent for older couples, here are some key questions couples of any age should consider when deciding to live together:1. Also discuss who you want to be your health care proxies. And if your partner is not your chosen health care proxy, include a medical release form in your health care directive naming them as someone who you, essentially, want by your side during a health crisis.

Persons: ”, Susan Brown, Mari Adam, Mari, ” Adam, Steven Rubin, Drazen Rubin Law, Adam, “ I’ve, Rubin, ” Rubin, “, it’s Organizations: New, New York CNN, National Center for Family, Bowling Green State University, Pew Research Center, Social Security, Medicaid Locations: New York

☆ How the UK plans to prevent another Liz Truss 'mini-budget' crisis — which triggered huge bond sell-off
▼ + stars: | 2024-07-18 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

LONDON — The new U.K. government is on Thursday set to propose legislation to prevent "significant uncosted measures" from being announced without an analysis of their impact on public finances. The OBR would be able to produce its analysis at the time of its choosing, according to notes on the bill released Wednesday. The notes contain a veiled reference to what became known as the British "mini-budget crisis" under former Prime Minister Liz Truss and ex-Finance Minister Kwasi Kwarteng. Shortly after taking up their posts in early September 2022, Truss and Kwarteng announced a raft of tax cuts in an unscheduled fiscal announcement that was described by analysts as "seismic." Both Truss and Kwarteng resigned over the turmoil after less than two months in their respective offices, and the majority of the measures were reversed.

Persons: Liz Truss, Kwasi Kwarteng, Kwarteng, Truss Organizations: Labour, Finance, U.S, Bank of England Locations: British

☆ Yen spikes as spectre of intervention spooks investors
▼ + stars: | 2024-07-18 | by ( ) www.cnbc.com time to read: +2 min

Japan's yen scaled a six-week high on Thursday, spurring speculation of an official push, while the dollar nursed broad losses as markets prepared for U.S. rate cuts in a few months. Japan's yen scaled a six-week high on Thursday, spurring speculation of an official push, while the dollar nursed broad losses as markets prepared for U.S. rate cuts in a few months. "Many traders and Japanese investors, after intervention, were looking to reload on their trades," said National Australia Bank strategist Rodrigo Catril in Sydney. Interest rate markets are pricing more than 60 basis points of U.S. interest rate cuts this year and some 20 basis points of hikes in Japan, narrowing the wide rates gap that had encouraged investors taking on large short positions in the yen. So far this year the yen is the worst-performing G10 currency on the dollar, losing more than 9%, while the yuan is down about 2.2%.

Persons: Rodrigo Catril, Donald Trump — Organizations: . Bank of, National Australia Bank, Bloomberg Businessweek Locations: Asia, . Bank of Japan, Sydney, Japan, Beijing

☆ Trump triumphant as Biden descends into a deepening crisis
▼ + stars: | 2024-07-18 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

Milwaukee CNN —Donald Trump will pull off his greatest feat yet as Joe Biden confronts his darkest hour. The 45th president’s comeback will only be fully realized if he becomes the second one-term president to win a return to the White House in November. But that’s one reason why his campaign is pulling its punches on Biden in the hope he stays in the race. President Joe Biden gestures to reporters as he steps off Air Force One upon arrival at Dover Air Force Base on July 17, 2024. After Trump escaped the assassination attempt in Pennsylvania, his campaign has leveraged the aftermath to reshape his image.

Persons: Milwaukee CNN — Donald Trump, Joe Biden, Biden, Nancy Pelosi, Trump, “, ” Biden, Adam Schiff —, it’s, Kent Nishimura, torpedoing, genuflected, Vladimir Putin, Biden –, JD Vance, ” Vance, Donald Trump, Donald J, ” “ Donald Trump, America’s, ”, Schiff, Pelosi, Democratic powerbroker, CNN’s Dana Bash, Jason Crow, Crow, Beau, Chrissy Houlahan, Houlahan, Chuck Schumer, Hakeem Jeffries, Andrew Bates, CNN’s Jeff Zeleny, “ He’s, ‘ Kamala can’t, ’, Kamala, Kamala Harris, “ It’s Organizations: Milwaukee CNN, Democratic, Trump, CNN, White House, GOP, Republican, Day, Senate, Blue, Air Force, Dover Air Force Base, Getty, Democratic Party, Trump GOP, Capitol, NATO, Ohio Republican, California Democrat, Colorado Democrat, ”, ABC News, Capitol Hill Democrats, Republican Party Locations: Delaware, California, Blue Wall, Pennsylvania, Michigan, Wisconsin, AFP, Milwaukee, Ukraine, Russia, America, Iraq, Bucks County, Biden’s, New York

☆ UK's Starmer aims to overhaul EU relations as Trump specter looms
▼ + stars: | 2024-07-18 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

"We cannot let the challenges of the recent past define our relationships of the future," Starmer said in a Wednesday statement from Downing Street. It comes as the specter of a second presidency from Republican candidate Donald Trump looms heavy over Europe after an assassination attempt over the weekend buoyed support for the former president. Both Trump and his newly announced running mate JD Vance have indicated that continued support for Europe — and in particular Ukraine — are not guaranteed under a second Trump administration. The Republican presidential nominee has repeatedly lambasted the continent's lack of defense spending, and has threatened to pull out of NATO, while Vance has shown ambivalence over U.S. intervention in foreign affairs. In anticipation, European NATO members have been upping their defense spending, including a new commitment from Starmer to spend 2.5% of U.K. gross domestic product (GDP) on defense.

Persons: Keir Starmer, John Healey, George Robertson, Winston Churchill's, Starmer, Donald Trump, Trump, JD Vance, Vance Organizations: British, Defence, Downing, Labour, European Political, Republican, Europe —, NATO Locations: London, England, OXFORD, Europe, Winston, Blenheim, Oxfordshire, Ukraine

☆ Aileen Cannon: If the Trump classified documents case is reinstated, judge would be difficult to remove
▼ + stars: | 2024-07-18 | by ( Tierney Sneed | ) edition.cnn.com time to read: +7 min

It also was the capstone of her highly scrutinized handling of the historic Trump case, in which she was known to drag out the pretrial proceedings, entertain long-shot legal theories offered by the former president and issue cumbersome orders that flummoxed lawyers on both sides of the case. Well before Monday’s ruling, outside cheerleaders of the special counsel, including many Trump critics, were calling on Smith to seek Cannon’s removal from the case. None of Thomas’ eight colleagues signed on to his solo concurring opinion, as Smith noted in court filings last week arguing to Cannon that the concurrence should not bear on the classified documents case. The way she has managed her docket has kept the case at a snail’s pace, playing into Trump’s strategy of delay. Or it has happened when the judge has “repeatedly” refused to comply with the appeals court’s instructions on a particular issue in a case, he said.

Persons: Donald Trump, Aileen Cannon, Jack Smith, ”, Jon Sale, Cannon, Trump, Michael Moore, Obama, “ She’s, General Merrick Garland, Smith, Clarence Thomas, Jon May, ’, Thomas ’, Thomas, it’s, ” Moore, She’s, “, Don Samuel, ” Samuel Organizations: CNN, Trump, Circuit, Smith Locations: Florida, Fort Pierce , Florida, Georgia, Mar

☆ JD Vance, Trump's 2024 running mate, would likely be the first Marine veteran to serve as vice president if elected
▼ + stars: | 2024-07-18 | by ( Drew F. Lawrence | ) www.businessinsider.com time to read: +10 min

Read previewRepublican presidential nominee Donald Trump on Monday selected Ohio Sen. JD Vance — a Marine veteran, author, and once-critic of the former president — as his running mate for the 2024 election. Military.com could not find any evidence that any vice president served in the Marine Corps . Donald Trump elevated JD Vance to the national stage as his running mate on Monday — and Ukraine is likely worried. The last enlisted vice president was Al Gore, who similarly deployed to Vietnam for six months as an Army correspondent. In April, he used the Iraq War as a historical example against intervention.

Persons: —, Donald Trump, Ohio Sen, JD Vance —, Vance, John McCain, Military.com, Allison Jaslow, Jaslow, Trump, JD Vance, Drew Angerer, Lindsay Chervinsky, George, Dwight D, Eisenhower, Richard, Aaron Burr's, Chervinsky, Dan Crenshaw, Jason Crow, Alex Wong, Joel K, Goldstein, Sen, Ohio, Donald Trump's, Carolyn Kaster, Hugh Hewitt, Joe Biden, Biden, Trump's, Al Gore, Jeffrey Dean, America's, Tucker Carlson, Byron Donalds of, US Sen, Andrew Caballero, Reynolds, George W, Bush, Saddam Hussein Organizations: Service, Monday, Ohio, Marine, Business, National Guard, US Navy, Army, Marine Corps, Afghanistan Veterans, George Washington Presidential Library, Continental Army, American, Terror, Saint Louis University, Washington Post, Military, Trump didn't, Associated Press, Corps, Navy, Iraq, AP, Marines, Ohio State University and Yale Law School, Rep, US, Republican National Convention, Senate Locations: Iraq, Afghanistan, America, —, Ukraine, Vietnam, Texas, Milwaukee, Ohio, Byron Donalds of Florida, Pennsylvania

☆ This is a healthy brain on psilocybin
▼ + stars: | 2024-07-17 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +8 min

It wasn’t until his brain morphed into a computer, however, that he knew for sure he was on a psychedelic trip. “We found that psilocybin desynchronizes the brain,” said co-senior author Ginger Nichols of the study published Wednesday in the journal Nature. “When psilocybin is on board, the brain is disconnecting from its typical pathways and reconnecting to different parts of the brain,” said Nichols, an associate professor of psychiatry at Washington University School of Medicine in St. Louis. “Science doesn’t fully understand the brain yet, but I felt as if I suddenly knew exactly how the brain works. Sara Moser/Washington University School of MedicineA window for changeScans showed that in the days after the psilocybin trip, most brain networks returned to normal.

Persons: Dr, Nico Dosenbach wasn’t, he’d, it’s, ”, Dosenbach, St . Louis, “, ” Dosenbach, Ginger Nichols, Nichols, ” Nichols, psychotherapists, Petros Petridis, ” Petridis, Sara Moser Organizations: CNN, Washington University School of Medicine, US Food and Drug Administration, NYU Langone Center, Psychedelic Medicine, Washington University School of Locations: “, St ., Oregon, New York City, reconnection

☆ Yen jumps on suspected intervention, sterling hits one-year high
▼ + stars: | 2024-07-17 | by ( ) www.cnbc.com time to read: +4 min

The yen rose sharply on Wednesday in what traders suspected was likely the result of yet another intervention from Japanese authorities to prop up the battered currency from multidecade lows. The euro was last down 0.8% at 171.15 yen, while sterling fell 0.76% to 203.75 yen. Combined with the estimated amount spent a day earlier, Japan is suspected to have bought nearly 6 trillion yen via intervention last week. That sent traders paring back bets of a rate cut from the Bank of England in August, providing a small boost to sterling , which was last up 0.43% to $1.3029. But the more important data is the inflation data, and that's telling the market that the Fed is in a position to cut fairly soon."

Persons: Geoff Yu, Masato Kanda, Michael Brown, Kyle Rodda Organizations: Mellon, Kyodo, Bank of Japan, Bank of England, Monetary, MPC, Tuesday's, Federal Reserve, New Zealand, Reserve Bank of New Locations: London, Tokyo, Japan, Reserve Bank of New Zealand

Asia-Pacific markets traded mixed on Wednesday with Australia's S&P/ASX 200 reaching an all-time high, while an increase in business optimism among large Japanese manufacturers lifted Japanese stocks. Japan's Nikkei 225 declined 0.43% to close at 41,097.69, while the Topix rose 0.37% to end at 2,915.21. The Taiwan Weighted Index fell 0.77% after a report cited U.S. Republican presidential candidate Donald Trump saying that Taiwan should pay the U.S. for defense. I think, Taiwan should pay us for defense," Trump said in interview with Bloomberg Businessweek in June that was published on Tuesday. On a month-on-month basis, Singapore's non-oil domestic unexpectedly dropped 0.4%, compared with a expectations of a 4.1% growth.

Persons: Australia's, Donald Trump, Trump, Cho Jung, TSMC, Georges Elhedery, Elhedery, Noel Quinn Organizations: Reuters, U.S ., Nikkei, Northern Star Resources, Bellevue, Mining, Newmont Corporation, CSI, Republican, Bloomberg Businessweek, Taiwan, HSBC Holdings, Hong Locations: Asia, Pacific, Gold, Taiwan, Hong Kong

☆ GOP sees divine intervention in Trump’s triumphant return
▼ + stars: | 2024-07-16 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

Thousands of Trump supporters in Milwaukee on Monday night hailed their leader, elevating him from MAGA superhero to saint-like status. For Trump’s millions of American fans, Monday night was a validation of their faith in God and the ex-president and the righteousness of his mission. A list of Black Republican and female Republican lawmakers gave speeches, offering a somewhat misleading perception that the GOP has a deep and diverse bench. One GOP source said speechwriters at the convention had thrown out all their pre-written material for the week’s top speakers and started again. The ex-president has a new chance at politics and life in the wake of his assassination attempt.

Persons: Donald Trump, MAGA, Trump, Sen, JD Vance, Ohio, He’s, “, ”, South Carolina Sen, Tim Scott, Providence, Kristi Noem, “ Nobody, They’ve, Marjorie Taylor Greene –, –, president’s, Trump’s, Hell, Joe Biden’s, he’d, Corey Comperatore —, Wisconsin Sen, Ron Johnson, Vance, Biden, ” Vance, Aileen Cannon, Jack Smith’s, … ” Trump, Elise Stefanik Organizations: CNN, Republican National Convention, Trump, Milwaukee Bucks NBA, America . South Dakota Gov, ” Georgia, Republican, Capitol, Washington Examiner, GOP, Wisconsin, Democrat, Florida, Washington , D.C, Democrat Justice Department, ” New York, Justice Department Locations: Pennsylvania, Milwaukee, American, South Carolina, America ., America, Washington, Ohio, New York, Florida, Washington ,

☆ 'God help Ukraine': How JD Vance's VP nomination will cause chills in Kyiv
▼ + stars: | 2024-07-16 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

Gaelen Morse | ReutersRepublican presidential nominee Donald Trump's pick of Sen. JD Vance as his vice presidential running mate will have sent chills down spines in Kyiv Tuesday morning. Ash has previously questioned Vance's position on Ukraine and the suggestion that Europe should bear the responsibility of helping Ukraine to defend itself against Russia. Trump has always appeared ambivalent over the war in Ukraine and continuing aid. The comment was an ominous one for Ukraine, however, suggesting Trump could be tempted to pull the rug on further aid. "Donald Trump would mean a big break with a couple of NATO policies, in particular on the question of Ukraine and support to Ukraine.

Persons: JD Vance, Donald Trump, Gaelen Morse, Donald Trump's, Sen, Ohio Republican Vance, Volodymyr Zelenskyy's, Trump, Vance, Ukraine —, Vladimir Putin, Europe hasn't, Timothy Ash, Ash, Vance et, Volodymyr Zelensky, Mitch McConnell, Charles Schumer, Drew Angerer, Zelenskyy, Russia's Putin, Mikhail Klimentyev, Reuters Keen, ringfence, Guntram Wolff, Wolff, Putin Organizations: Republican, U.S, Reuters Republican, Kyiv Tuesday, Ohio Republican, Marines, Kyiv —, NBC News, Financial Times, NATO, BlueBay Asset Management, Russia, Capitol, Republicans, National Governors Association, Trump, Sputnik, Reuters, CNBC Locations: Youngstown , Ohio, Kyiv, Ukraine, U.S, Russia, Europe, Russian, United States, America, Washington ,, Utah, Osaka, Japan, Washington, Trump

☆ Dollar drifts as Powell comments bring September rate cut in focus
▼ + stars: | 2024-07-16 | by ( ) www.cnbc.com time to read: +3 min

The dollar fell slightly on Monday after comments from Federal Reserve Chair Jerome Powell, while cryptocurrencies rose on bets that an assassination attempt on former President Donald Trump lifted his reelection chances. The dollar hung around five-week lows on Tuesday as comments from Federal Reserve Chair Jerome Powell bolstered the case for a rate cut in September, while cryptocurrencies gained on rising odds of former President Donald Trump getting reelected. The comments, likely Powell's last until his press conference following the Fed's July 30-31 meeting, shifted rate cut expectations. Markets are now anticipating 68 basis points of easing this year, with a rate cut in September fully priced in, CME FedWatch tool showed. "Markets may need to wait longer for the confirmation of their September rate cut hopes, and growth and labor data will be on the radar such as retail sales today."

Persons: Jerome Powell, Donald Trump, cryptocurrencies, Powell, We've, Charu Chanana, Trump, Gary Gensler, Chris Weston Organizations: Federal, Economic, of Washington, Saxo, Traders, Bank of Japan, Republican, cryptocurrency, San, SEC, New Zealand Locations: Tokyo, San Francisco

☆ Elon Musk says Tesla needs 'extra time' to redesign the front of its Robotaxi before the big reveal
▼ + stars: | 2024-07-15 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

Read previewElon Musk has seemingly confirmed Tesla's Robotaxi event has been delayed and revealed one reason the company needs more time before the big reveal. AdvertisementThe apparent reveal event delay isn't a complete shock — Musk often underestimates how long it will take to bring the ideas he has to market, saying he tends to be optimistic about product timelines. Not much is known about Tesla's Robotaxi event aside from that the public will get a glimpse at whatever the company has been working on. Tesla is also facing a number of lawsuits and regulator scrutiny related to safety concerns over its self-driving software. Tesla has yet to officially announce a new date for the Robotaxi event.

Persons: —, Elon Musk, Musk, Warren Redlich, Tesla, Rosalie Nathans, she's Organizations: Service, Bloomberg, Business, Tesla, EV

☆ Dollar sees safe-haven gains; sliding yen stays on intervention watch
▼ + stars: | 2024-07-15 | by ( ) www.cnbc.com time to read: +3 min

The risk-sensitive Australian dollar fell 0.18% to $0.6771, while the New Zealand dollar slid 0.35% to $0.6097. Under a Trump presidency, market analysts expect a more hawkish trade policy, less regulation and looser climate change regulations. Against the dollar, the yen was last 0.3% lower at 158.36, having strengthened to a roughly one-month high of 157.30 per dollar on Friday. "The confirmed FX intervention undertaken by the MOF in April and May proved that policymakers are prepared to be canny about choosing the timing of their moves," said Jane Foley, head of FX strategy at Rabobank. "In order to make more 'bang for their buck', FX intervention in quiet conditions or after the release of softer U.S. economic data seems like a sensible move.

Persons: Donald Trump, Jack Ablin, It's, Trump, Rong Ren Goh, Jane Foley Organizations: Trump, Cresset, New Zealand, Eastspring Investments, Cash U.S, Investors, . Bank of Japan, Finance, Analysts, Rabobank Locations: Asia, Japan, U.S, Tokyo

☆ Elon Musk explains why Tesla's Robotaxi event is delayed
▼ + stars: | 2024-07-15 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

Read previewElon Musk has seemingly confirmed Tesla's Robotaxi event has been delayed and revealed one reason the company needs more time before the big reveal. AdvertisementThe apparent reveal event delay isn't a complete shock — Musk often underestimates how long it will take to bring the ideas he has to market, saying he tends to be optimistic about product timelines. The same happened with the Cybertruck, Tesla's Full Self-Driving software, and Starlink's high-speed internet access in remote areas. Not much is known about Tesla's Robotaxi event aside from that the public will get a glimpse at whatever the company has been working on. Tesla has yet to officially announce a new date for the Robotaxi event.

Persons: —, Elon Musk, Musk, Warren Redlich, Tesla, Rosalie Nathans, she's Organizations: Service, Bloomberg, Business, Tesla, EV

☆ Live Updates: Authorities Find Explosives in Car of Gunman Killed in Assassination Attempt on Trump
▼ + stars: | 2024-07-14 | by ( Michael D. Shear | Mike Ives | ) www.nytimes.com time to read: +11 min

“I will Never Surrender!” Mr. Trump wrote in a text message to supporters. And Mr. Trump is preparing to name his running mate and formally claim his party’s nomination for the third consecutive election. Vance of Ohio, who is on the shortlist of candidates that Mr. Trump is considering as a running mate, wrote on X. “An assassination attempt is contrary to everything we stand for as a nation,” Mr. Biden said. Mr. Trump had assured Malphine Fogel, who lives in Butler County, that he would help get her son home.

Persons: Donald J, Trump’s, Trump, Biden’s, Biden, ”, Mr, “, Susie Wiles, Chris LaCivita, LaCivita, Doug Mills, Ronald Reagan, Melania Trump, Douglas Brinkley, Butler, ” Mr, Brinkley, “ Trump, Dan Crenshaw, Lara Trump, Kenny Holston, Donald Trump, J.D, Vance of Ohio, Lester Holt, Pramila Jayapal, Eric Lee, Nancy Pelosi, Gabby Giffords, Steve Scalise, “ It’s, Scalise, Mike Johnson, ” “ We’ve, Johnson, Christine Toretti, committeewoman, gee, Ms, Toretti, Malphine Fogel, Mike Kelly, ” Reid J, Epstein, Lisa Lerer Organizations: White, Republican National Convention, Trump, Washington, Republicans, New York Times, Rice University, ”, Republican, Republican National Committee, Trump . Federal, NBC, Congressional Progressive Caucus, Mr, Capitol, Arizona Democrat, Fox News, Louisiana Republican, Homeland Security, Pennsylvania Republican Locations: Pennsylvania, Delaware, New Jersey, Milwaukee, West Palm Beach, “ America, Butler , Pennsylvania, Texas, Trump ., America, Washington, San Francisco, Arizona, Louisiana, Butler County

☆ The Olympics have long promoted safe sex. Now it wants to focus on pleasure.
▼ + stars: | 2024-07-13 | by ( Jessie Gretener | ) edition.cnn.com time to read: +7 min

Rather, when it comes to sex, pleasure takes first place. They will also have numerous sexual health testing centers on site for athletes, in addition to the sexual health awareness messaging. Rather, she says the most productive way to encourage safe sex is to flip the script from the beginning by focusing on why people have sex. Philpott told CNN that the need to shift the narrative in safe sex conversations is as urgent as ever. The scheme to which he contributes, known as “Moving The Goalposts,” works directly with community leaders, fathers, and young boys to provide resources on sexual health, sexual rights, gender, and positive masculinity.

Persons: Ed, Buda Mendes, Terrence Higgins, Anne Philpott, ” Philpott, Philpott, “ There’s, it’s, Deogratia Okoko, ”, ” Okoko, “ Organizations: CNN, Paris, Olympic, World Health Organization, Olympics, Seoul Games, International Olympic, Paralympic Village, Getty, Terrence Higgins Trust, Wellcome Locations: Love, United States, COVID, Kilifi, Kenya

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