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☆ Biden told investigators he didn’t know how his aides stored sensitive documents, transcript shows
▼ + stars: | 2024-03-12 | by ( Evan Perez | Hannah Rabinowitz | ) edition.cnn.com time to read: +8 min

In the 388-page report released last month, Hur concluded that Biden mishandled and improperly disclosed classified information after leaving the vice-presidency. But Hur said that he didn’t believe there was enough evidence to charge Biden with a crime. According to the transcript, Biden asks aloud when he was vice president, as he tried to recall timelines. “Remember, in this time frame, my son is either deployed or is dying,” Biden said, according to the transcript. The transcript shows investigators at times seeming to struggle to keep control, as Biden used up time with long answers.

Persons: Joe Biden, Robert Hur, Biden, Beau died, “, ”, Hur, weren’t, Biden’s, South Carolina Republican Sen, Lindsey Graham, ” Biden, Beau, Obama, Hillary Clinton, Trump, ” Hur, don’t, didn’t, Steve Ricchetti, segued, I’d, – Organizations: CNN, The, White, FBI, South Carolina Republican, US Naval Observatory, Naval Locations: Mongolia, Afghanistan, Delaware, Virginia

☆ Analysis: Biden has shelved the age issue – for now
▼ + stars: | 2024-03-12 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

A treasure trove for Biden watchers and historiansIn the interview, Biden speaks at length and fluently, easily recalling in-depth details about his vice presidency, family life and lore. One good week does not make a campaignOne person not ready to let the age issue go is Trump, who himself is 77. The former president’s focus on Biden’s age reflects the fact that one good week will not change a harsh reality of the coming eight months. Outside Washington and the self-contained world of politics and campaigns, concerns about Biden’s age will be hard to shift. The age issue was rumbling long before it became a major campaign issue.

Persons: Joe Biden, Biden, Robert Hur’s, Donald Trump, Beau, Hur, Trump, He’s, Jill Biden, there’s, Scott Fitzgerald, Mr, ” Hur, “, – Biden, Alabama Sen, Katie Britt, “ I’m, ” Biden’s, president’s, ”, CNN’s MJ Lee, – it’s, who’s Organizations: CNN, Republican, Democratic, Wisconsin, GOP, Mar, Biden, Alabama, Trump, Air Force, New York Times, Siena College, Union, White House Locations: Mexico, Egypt, Maryland, Delaware, Mongolia, Scranton, Pennsylvania, Thursday’s, Washington, Siena, State

☆ 5 Takeaways From Hur’s Testimony About the Biden Classified Documents Inquiry
▼ + stars: | 2024-03-12 | by ( Charlie Savage | Michael D. Shear | ) www.nytimes.com time to read: +1 min

Robert K. Hur, the former special counsel who investigated President Biden’s possession of classified documents after he left the vice presidency, testified before the House Judiciary Committee on Tuesday. Republicans grilled Mr. Hur about his conclusion that the evidence was insufficient to charge Mr. Biden with a crime. Members of both parties were unhappy with aspects of Mr. Hur’s report. Republicans were upset that Mr. Biden was not charged with a crime, repeatedly noting the criminal indictment against former President Donald J. Trump that accuses him of willfully retaining sensitive national security documents. Democrats accused Mr. Hur of smearing Mr. Biden’s mental acuity, saying it violated Justice Department policies.

Persons: Robert K, Hur, Biden’s, Mr, Biden, ”, Hur’s, Donald J, Trump

"My task was to determine whether the president retained or disclosed national defense information willfully," Hur told the House Judiciary Committee in testimony about his probe of Biden. "I could not make that determination without assessing the president's state of mind," Hur testified. The special counsel in his final report on the probe concluded that Biden "willfully retained and disclosed classified materials" which the special counsel wrote presented "serious risks to national security." Nor did I disparage the president unfairly," Hur told lawmakers Tuesday. "Because the evidence fell short of that standard, I declined to recommend criminal charges against Mr. Biden," Hur said.

Persons: Robert Hur, Joe Biden, Hur, Biden, Mr, " Hur Organizations: Democratic

That pushed Biden's count past 1,968 for a majority of delegates to the Democratic National Convention in Chicago this August, where his nomination will be made official. Former President Donald Trump is expected to clinch the Republican nomination shortly. Biden, who mounted his first bid for president 37 years ago, did not face any serious Democratic challengers to his run for reelection at age 81. Already the oldest-ever American president, Biden would be 86 if he served out the entirety of a second term. “I sure feel confident.”Biden first ran for the Democratic nomination ahead of the 1988 presidential election, but flamed out when it emerged he had plagiarized speeches.

Persons: Joe Biden, Biden, Donald Trump, —, Trump, Vladimir Putin, Roe, Wade, Putin, Volodymyr Zelenskyy, Robert Hur, I’ve, he’s, Dean Phillips, Phillips, Said, Aishah Al, Louis, “ It’s, ”, Barack Obama, uncommitted, Delaware Sen, Ted Kaufman, “, ” Biden, Kaufman Organizations: WASHINGTON, Democratic, Democratic National Convention, Republican, Associated Press, NORC, for Public Affairs Research, NATO, GOP, Trump, Biden, Republicans, Dean Phillips of Locations: Georgia, Chicago, U.S, Ukraine, Russia, Kyiv, Western Europe, Afghanistan, Kabul, Dean Phillips of Minnesota, St, Louis Park , Minnesota, Delaware, Iowa, South Carolina

☆ How a key witness lifted the lid on Trump’s handling of classified documents
▼ + stars: | 2024-03-11 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

CNN —A new glimpse inside Donald Trump’s inner circle shows how the ex-president’s men and women often confront a fateful dilemma under huge personal pressure. Butler’s comments are important because they foretell how he might testify in the federal classified documents trial that could be hugely damaging to Trump but that is increasingly unlikely to happen before Americans vote in the fall. Why ‘Trump Employee 5’ broke his silenceIt is too early to say whether Butler’s testimony would be decisive in the federal trial in the classified documents case. Walt Nauta, a Trump personal aide, and De Oliveira, who have not broken with the ex-president, have also denied wrongdoing. Cohen will be a key witness when Trump becomes the first ex-president to go on trial over a hush money case in New York later this month.

Persons: Donald Trump’s, Brian Butler, “, hoarded, Butler, Trump, who’s, ” Butler, CNN’s Kaitlan Collins, ”, Mar, Carlos De Oliveira, Stephanie Grisham, Grisham, ” Grisham, CNN’s Erin Burnett, –, Peter Navarro, Rudolph Giuliani, CNN’s Collins, Jim Sciutto, John Kelly, John Bolton, Adolf Hitler, ‘, ’, Walt Nauta, De Oliveira, John Irving, Jack Smith, Andrew McCabe, Ryan Goodman, Burnett, Smith, Michael Cohen, Cohen, Cassidy Hutchinson, Mark Meadows, Hutchinson, she’s, Cassidy, ” Hutchinson, Joe Biden, Robert Hur, Hur Organizations: CNN, Trump, “ Trump, West Palm Beach, FBI, White, White House, Capitol, New York, Republican, ‘ Trump, Mar, ”, New York University, Republicans, CBS, GOP Locations: Florida, West Palm, New Jersey, Lago, New York

After a yearlong investigation, Hur concluded that Biden mishandled classified material and improperly disclosed classified information as a private citizen. Here are four key things to look for in Tuesday’s high-stakes hearing:What will Hur say about Biden’s age and memory? (At 81, Biden is the oldest US president in history, though Donald Trump is only a few years younger at 77.) House Republicans are looking for Hur’s public testimony to provide fresh momentum to their sputtering impeachment inquiry into Biden. Hur’s approach will determine how easy, or hard, it is for lawmakers to extract the political moments that they want.

Persons: Robert Hur, Joe Biden’s, Hur, Biden, wouldn’t, Donald Trump, Beau, Barack Obama, seething Biden, “, ” Biden, ”, Jack Smith, Trump, ” Hur, Will Hur, Hunter, Steve Ruark, Mr, Biden’s, Hunter Biden, Robert Mueller, John Durham, Bill Barr, – Hur, he’ll, Biden’s feebleness Organizations: CNN, GOP, Justice Department, Republicans, National Archives, Department of Justice, Court, Ukrainian, Justice, Internal Revenue Service, White, Trump, Democratic, Capitol Locations: Washington, Tuesday’s, Israel, Florida, Ukrainian, Baltimore, Maryland, Russia

☆ What an intense weekend on the campaign trail tells us about a Biden-Trump matchup
▼ + stars: | 2024-03-10 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

An intense weekend of campaigning, with the rivals both visiting the critical swing state of Georgia, laid out the stakes of their clash – as well as their strategies and vulnerabilities. Still, a successful State of the Union address can clarify a president’s purpose not just to voters – but to himself and his own campaign. Backstage in Georgia, Trump met the parents of Laken Riley, the 22-year-old nursing student who was allegedly killed by an undocumented migrant. Biden’s campaign knows it must do more to defuse concerns about his capacity to fully serve a second term. “Here’s a guy who’s kicking off his general election campaign up the road with Marjorie Taylor Greene.

Persons: Joe Biden, Donald Trump, Biden, Trump, won’t, Aileen Cannon, Jack Smith’s, Robert Hur, Pete Buttigieg, “, Biden’s, he’ll, ”, Viktor Orbán, ” Orbán, –, Nikki Haley, Laken Riley, ” Georgia Democratic Sen, Raphael Warnock, “ craven, Riley, dithering, I’m, ” Biden, “ Donald Trump, Hur, Georgia –, “ Joe Biden, ” Warnock, Brian Kemp, hasn’t, Marjorie Taylor Greene, MAGA Organizations: CNN, GOP, Republicans, Transportation, ABC News, Trump, South Carolina Gov, CNN’s, Union, ”, ” Georgia Democratic, MSNBC, Court, Trump Republicans, Georgia Locations: Georgia, Florida, Mar, Hungarian, Hungary, CNN’s “ State, ” Georgia, State, New Hampshire , Wisconsin, Michigan, Pennsylvania, “ State

☆ As Biden faces questions about his age, researchers weigh in on working in your 80s
▼ + stars: | 2024-03-10 | by ( Annie Nova | ) www.cnbc.com time to read: +6 min

"Fluid intelligence" slows with aging, Walsh said. U.S. President Joe Biden delivers the State of the Union address at the U.S. Capitol in Washington, D.C., March 7, 2024. Nearly 80% of older workers say they've seen or experienced age discrimination in the workplace, according to research by AARP. There are areas where older workers outperform younger workers. Philip Taylor University of Warwick professor"Crystallized intelligence," considered wisdom, also grows throughout our life, experts say.

Persons: Joe Biden, Biden, Chip Somodevilla, Robert K, Hur, Abdel Fattah el, John Walsh, Walsh, hasn't, Elizabeth Frantz, Selkoe, I've, Joel Kramer, Biden's missteps, Kramer, Philip Taylor, Taylor, Alex Katz, Toni Morrison, they've, —, Joseph Biden Organizations: Getty, gerontology, University of Southern, U.S, Capitol, Washington , D.C, Reuters, University of California, AARP ., UCSF, Aging, University of Warwick, Employees, Philip Taylor University of Warwick, Bettmann Locations: Washington , DC, California, Egypt, Mexico, Gaza, University of Southern California, Washington ,, Israel, Biden's State

☆ Premarket stocks: Why another unexpectedly hot jobs report could derail markets
▼ + stars: | 2024-03-08 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

New York CNN —Wall Street was taken aback by the US labor market’s resilience in January. Another unexpectedly hot report could shake things up again. The January jobs report showed that the US economy added a stunning 353,000 jobs that month and the unemployment rate stayed at 3.7%. The new EU regulations force sweeping changes on some of the world’s most widely used tech products, including Apple’s app store, Google search and messaging platforms, including Meta’s WhatsApp. The broad obligations apply only to the EU, which could leave tech users in the United States and other markets looking longingly at some of the features Big Tech is rolling out in response to the European directive.

Persons: Jerome Powell, he’s, “, ” Powell, Bonnie Cash, —, ’ ”, BeiChen Lin, It’s, Loretta Mester, ”, José Torres, Meta’s, Brian Fung, Apple, Bing, Read, Elisabeth Buchwald, NYCB, Steven Mnuchin’s, Alessandro DiNello, ” Read Organizations: CNN Business, Bell, New York CNN, Federal, Financial, Capitol, Reuters, Traders, Russell Investments, ” Cleveland Federal, CNBC, Market, Interactive Brokers, Apple, Google, Union citizens, Big Tech, New York Community Bank, Silicon Valley Bank, Liberty Strategic Capital Locations: New York, Washington ,, United States, NYCB, Silicon

☆ Biden says the question isn't about his age: 'It's about how old are our ideas'
▼ + stars: | 2024-03-08 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Read previewPresident Joe Biden on Thursday used his State of the Union to take concerns about his age head on. Advertisement"Now some other people my age see differently, the American story of revenge, resentment, and retribution," Biden said. "My fellow Americans, the issue facing our nation isn't how old we are: It's about how old our ideas are," he said. Polling shows that even in this hyper-partisan era, Americans broadly agree in their concerns about Biden's age. Democrats also bristle about the extent of concerns about Biden's age compared to former President Donald Trump, the man Biden surpassed to become the oldest president.

Persons: —, Joe Biden, Biden, I've, Donald Trump, Robert Hur's, Hur, Obama, Hillary Clinton, Trump's, Trump, Clinton Organizations: Service, Union, Business, New York Times, Siena College

☆ The State of the Union is Biden's biggest moment before the election
▼ + stars: | 2024-03-07 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Joe Biden will give his third State of the Union address on Thursday. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On Thursday, Biden will deliver his State of the Union address to what could be his largest audience before Election Day. In this sense, Biden's speech comes with additional pressure. The State of the Union is not an explicit campaign speech.

Persons: Joe Biden, Biden, —, Robert Hur's, Ronald Reagan's, Trump, Nikki Haley's, Sen, Elizabeth Warren of, you'll, he's, Bernie Sanders, Sanders Organizations: Service, NFL, Republican National, GOP, Democrats, Biden, The Washington Post Locations: Elizabeth Warren of Massachusetts

☆ Rep. Pramila Jayapal says Biden's age is not 'ideal' but that the coverage has been 'very unfair' to him
▼ + stars: | 2024-03-07 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Rep. Pramila Jayapal, the top progressive in the House, acknowledged that Biden's age is an issue. But she says that the coverage has been "unfair" and Trump also has frequent slip-ups. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRep. Pramila Jayapal acknowledged that President Joe Biden's age is an issue — but she argues that media coverage of it has been "very unfair."

Persons: Pramila Jayapal, Trump, Biden, —, Joe Biden's, Robert Hur's, Jayapal, Donald Trump, Obama, Biden's Organizations: Service, Washington Democrat, Congressional Progressive Caucus, Business, White House Locations: Gaza, State, Biden's Israel

☆ Premarket: Investors are obsessed with this AI stock you may never have heard of
▼ + stars: | 2024-03-07 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York CNN —Nvidia isn’t the only stock capturing the attention of AI enthusiasts these days. Nvidia closed above a $2 trillion market cap on March 1, joining an elite cohort including Apple and Microsoft. Supermicro’s stock gained even more momentum in January, after the company reported second-quarter results that blew past expectations and raised its full-year revenue forecast. Supermicro’s stock was one of the most popular names bought by Charles Schwab clients in February, according to the firm’s latest trading activity index. New York Community Bank gets $1 billion ‘lifeline’Beleaguered regional lender New York Community Bank is receiving a more than $1 billion equity investment, reports my colleague Elisabeth Buchwald.

Persons: Charles Schwab, ChatGPT, “, ”, Supermicro, Wells Fargo, Goldman Sachs, Elisabeth Buchwald, Steven Mnuchin’s, NYCB, ” David Chiaverini, Joseph Otting, Alessandro DiNello, DiNello, Read, Jeremy Hunt, Hanna Ziady, Hunt, ” Hunt, Rishi Sunak’s Organizations: CNN Business, Bell, New York CNN, Nvidia, Apple, Microsoft, Micro, Devices, Federal Reserve, Victoria Bills, Banrion Capital Management, Bank of America, Goldman, New York Community Bank, New, Community Bank, Liberty Strategic Capital, Citadel Global, Street Journal, Wedbush Securities, CNN, Bank of England, International Monetary Fund, Hunt’s Conservative Party, Labour Party Locations: New York, San Jose, United States, Hudson Bay, NYCB

☆ Premarket stocks: Fed Chair Powell is about to get grilled by Congress. Here’s what markets want to hear
▼ + stars: | 2024-03-06 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Fed Chair Jerome Powell has a chance to provide more insight when he testifies before Congress on Wednesday and Thursday. Those reports pushed back market bets on when the Fed will start cutting interest rates. Investors will closely listen for any hints from Powell about what the Fed is looking for, data-wise, before it begins to lower interest rates. Powell will also be asked about the economic pain Americans are feeling as a result of elevated inflation and interest rates. When interest rates fall, holding income-paying assets (like bonds) becomes less appealing than owning the precious metal.

Persons: Jerome Powell, there’s, ”, Powell, —, Emanuel Cleaver, Dave Sekera, Claudia Sahm, ” Powell, Krystal Hur, Samantha Murphy Kelly, “, ” Mengmeng Zhang Organizations: CNN Business, Bell, New York CNN, Federal, Investors, Missouri Democrat, Politico, Morningstar, Morningstar . New York Community Bank, Fitch, Moody’s Investors Service, Federal Reserve, Costco, Apple, Counterpoint Research, Huawei, Counterpoint Locations: New York, Missouri, Morningstar ., China

☆ A Russian warship's last-resort machine-gun fire wasn't enough to defeat the Ukrainian sea drone assault that sunk it, video shows
▼ + stars: | 2024-03-06 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

A newly surfaced video shows armed Russian crews attempting to defend a landing ship from Ukrainian sea drones. Russia has been upping its defenses against naval drones, but it's unclear how effective they are. AdvertisementA newly surfaced video shows a Russian warship crew making their last stand against Ukraine's exploding sea drones. The Ukrainian drones targeted and destroyed Black Sea Fleet warships, a section of the Kerch Bridge connecting occupied Crimea with Russia, attacked bases, and went after other key infrastructure in and around the Black Sea. New look at a Ukrainian Sea Baby USV, this one christened “Avdiivka”.

Persons: —, Caesar Kunikov, 4XYsK2WFPY, 🇺🇦🇷🇺, Ker Organizations: Service, Telegram, USVs, unm, unc Locations: Russian, Russia, Ukraine

☆ Democrat Dean Phillips drops out of 2024 presidential race
▼ + stars: | 2024-03-06 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +4 min

Democratic presidential candidate U.S. Representative Dean Phillips speaks to the media as he arrives at Londonderry High School during U.S. presidential primary election, in Londonderry, New Hampshire, U.S., January 23, 2024. Democratic Rep. Dean Phillips, Minn., has dropped out of the 2024 presidential race and endorsed President Joe Biden. "And it is clear that Joe Biden is OUR candidate and OUR opportunity to demonstrate what type of country America is and intends to be." Biden's campaign has been in general election mode for weeks, kicking into high gear after the president swept New Hampshire and South Carolina. Though Biden's age was not enough to singlehandedly keep Phillips' campaign afloat, it is still a top vulnerability as the general election nears.

Persons: Dean Phillips, Joe Biden, Phillips, Nikki Haley, Donald Trump, Biden, Jason Palmer, I'm, pare, Elon Musk, Bill Ackman, Democratic Sen, Joe Manchin, Robert Hur, Hur Organizations: Democratic, U.S, Londonderry High School, Tuesday, New, Democratic National Convention, Biden, Tesla, Republican, Department, Justice Locations: Londonderry , New Hampshire, U.S, Minn, America, American Samoa, New Hampshire, South Carolina, lockstep

☆ Apple iPhones sales fall 24% in China amid competition and headwinds
▼ + stars: | 2024-03-05 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +3 min

Analysts from Counterpoint Research said the overall mobile market in China fell by 7% with companies including Apple, Oppo and Vivo experiencing declines. Customers that once would have considered Apple are now turning to national brands, particularly Huawei, Counterpoint said. The stock has fallen about 11.6% this year on concerns about weakening sales, particularly in China. China remains a very important market for Apple as it is the largest market behind the US. “Apple, to its credit, ended the year at number one, which was extraordinary despite headwinds from China,” he said.

Persons: “, ” Mengmeng Zhang, Huawei’s, they’ve, Jeff Fieldhack, Apple, ”, Fieldhack, CNN’s Krystal Hur Organizations: CNN, Apple, Counterpoint Research, Huawei, Counterpoint Locations: China, United States

☆ Gold just jumped to a record high. Here’s why
▼ + stars: | 2024-03-05 | by ( Krystal Hur | ) edition.cnn.com time to read: +2 min

New York CNN —Gold rose Tuesday after notching a record high the prior day, as investors continue to bet the Federal Reserve will cut rates in the back half of the year. The yellow metal was up about 0.4% on Tuesday morning, stabilizing somewhat after settling at an all-time high of $2,126.30 a troy ounce on Monday. However, some investors also believe gold to be a hedge against inflation, wagering that it will hold its value even if it begins to surge. The Personal Consumption Expenditures price index, the Fed’s preferred inflation gauge, rose 2.4% for the 12 months ended in January. The milestones for both bitcoin and gold come as stocks continue to rally powerfully.

Persons: That’s, Jerome Organizations: New, New York CNN, Federal Reserve, Commerce Department, Investors, Fed, Nasdaq Locations: New York, December’s

☆ Dow tumbles more than 400 points as tech woes rattle Wall Street
▼ + stars: | 2024-03-05 | by ( Krystal Hur | ) edition.cnn.com time to read: +1 min

New York CNN —Stocks tumbled Tuesday with tech stocks leading the way, continuing to retreat from record highs set last week. The Dow fell 405 points, or 1%, after declining more than 500 points at its session lows. The S&P 500 slipped 1% and the Nasdaq Composite slid 1.7%. That comes after the Nasdaq Composite last week reached a new all-time high for the first time since 2021, while the S&P 500 also surged to a new record high. Other tech stocks fell.

Persons: Stocks, Dow Organizations: New, New York CNN, Nasdaq, Apple, Research, Bloomberg, Meta, Microsoft, Micron Technologies Locations: New York, China

☆ Jill Biden puts Donald Trump on notice as her campaign role comes into focus
▼ + stars: | 2024-03-02 | by ( Arlette Saenz | Betsy Klein | ) edition.cnn.com time to read: +13 min

Washington, DC CNN —First lady Dr. Jill Biden isn’t holding back as her role in her husband’s reelection campaign comes into sharper focus. The first lady is juggling her campaign work with her official role and her full-time teaching job at Northern Virginia Community College. She’s going to go to a variety of areas in this country,” a source familiar with the planning said. Biden campaign advisers believe the first lady’s appeal has far reach – particularly with women and grassroots supporters and in moderate parts of the country. “Here’s the thing about men like Donald Trump - they underestimate our power because they don’t understand it,” she said in Atlanta.

Persons: Jill Biden isn’t, Donald Trump, “ I’ve, Joe, “, Roe, Wade, ”, Harris, “ Donald Trump, she’s, Biden Jill Biden, “ She’s, Biden, ” Biden, Julie Chavez Rodriguez, SSRS, Harris ”, “ We’re, We’re, Dr . Biden, ” She’s, Trump Jill, Katie Rogers, Rogers, Trump, Hillary Clinton, Joe Biden, Kamala Harris, Jill Biden, “ Trump, Robert Hur, Beau Biden, Anita McBride, Laura Bush, Court’s Dobbs, Kate Cox, “ We’ve, “ It’s, ” McBride Organizations: DC CNN, Biden, Harris ”, Trump, CNN, White, Northern Virginia Community College, Paris, Democratic, –, Super, Democratic Party, Arizona, Republican, what’s, Atlanta, Wine Locations: Washington, Atlanta, Georgia, Arizona , Nevada, Wisconsin, Italy, Israel, Tucson , Arizona, Houston, Texas

☆ Trump used note cards. So did W. Bush and the presidents before him. Should we worry that Biden uses them, too?
▼ + stars: | 2024-03-01 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +6 min

Read previewAt a recent closed-door fundraiser, President Joe Biden had to rely on note cards prepped by his staff to provide donors with detailed answers on his policy. But since the advent of mass communication technology and, as a result, an increasing expectation of US leaders to make public addresses, presidents have long relied on note cards and teleprompters to face their constituents. Even US presidents who had the public reputation of being robust and nimble needed note cards, Kastor said. John F. Kennedy, who was able to keep his medical problems, including persistent back pain, hidden from the public, used note cards. Former President Donald Trump, who is now 77, has received flack for relying on note cards albeit for different reasons.

Persons: —, Joe Biden, Axios, Robert Hur, Calvin Coolidge, of Congress Peter Kastor, Louis, Kastor, John F, Kennedy, Kennedy's, Woodrow Wilson, John Adams, Theodore Roosevelt, Ronald Reagan, Biden, Reagan, …, Barack Obama, Donald Trump, David Frum, George W, Bush's, Bush, Frum, flack, Trump, Chip Somodevilla, attentiveness, Clinton, Obama Organizations: Service, Media, Business, of Congress, Washington University, National Archives, White, Trump Locations: St, Berlin, Germany, Parkland , Florida, W

☆ Premarket stocks: Retailers warn Wall Street to expect less shopping this year
▼ + stars: | 2024-03-01 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

Lowe’s: The home improvement giant projected total sales of $84 billion to $85 billion for 2024 in fourth-quarter results reported on Tuesday. Mortgage rates edge closer to 7%, dampening start of spring homebuying seasonUS mortgage rates climbed for the fourth week in a row, inching closer to 7% just as peak homebuying season gets underway, reports my colleague Anna Bahney. “Mortgage rates continued their ascent this week, reaching a two-month high and flirting with 7% yet again,” said Sam Khater, Freddie Mac’s chief economist, in a statement. Since reaching a 20-year high of 7.79% in October, mortgage rates have been slowly falling. But in recent weeks, as the market absorbs expectations that the Federal Reserve will not cut its benchmark lending rate until later this year, mortgage rates have trended higher.

Persons: they’re, ”, Marvin Ellison, Macy’s, Tony Spring, Corie Barry, ’, ” Barry, Diksha Madhok, Hanna Ziady, “, Thamashi De Silva, Knight Frank, Read, Anna Bahney, Freddie Mac, Sam Khater, Freddie Mac’s, Khater Organizations: CNN Business, Bell, New York CNN — Companies, Federal Reserve, Commerce Department, United States’s, Gross, Capital Economics, “ Locations: New York, That’s, India

☆ White House calls on Fox News executives to retract bogus FBI informant claims against Biden
▼ + stars: | 2024-02-29 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

New York CNN —The White House is formally calling on Fox News to walk back its coverage of bribery and corruption allegations against President Joe Biden. The letter is the latest from the Biden White House, which has taken a more aggressive approach to news coverage of the president that it sees as unfair in the run-up to the November election. Earlier this month, Sams sent a letter to the White House Correspondents’ Association, protesting coverage of Special Counsel Robert Hur’s report on Biden’s handling of classified material. Since Fox News has declined to take the responsible course of action and meaningfully correct the record, the White House is now moving to formally request the network do so. And, in a statement the network provided to CNN, Fox News didn’t directly address the White House’s request.

Persons: Joe Biden, Ian Sams, Fox, ” Sams, Suzanne Scott, Jay Wallace, Bryan Boughton, Sams, Robert Hur’s, Biden, “, Jesse Watters, Sean Hannity, Alexander Smirnov, Hannity, Watters, Smirnov, Brooke Singman, newsrooms, Fox News didn’t, ” Organizations: New York CNN, Fox News, White House, FBI, Biden White, White, ’ Association, Fox, Voting Systems, Fox News Channel, CNN, “ Fox News Media Locations: New York, Washington

☆ Dude, you’re not getting a Dell. So why is its stock soaring?
▼ + stars: | 2024-02-29 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —It’s not a good time to be selling PCs — Dell has been grappling with sinking demand for the past few years. But its stock still shot up 20% in after-hours trading after the company excited investors about the tech industry’s favorite buzzwords: artificial intelligence. Dell revenue declined 11% in the fourth quarter. Still, the Texas-based firm noted demand for powerful servers to run AI workloads surged in the last three months. Dell Technologies shares, which reached a record high close to cap Thursday’s trading session, rose almost 20% in after-hours trading.

Persons: New York CNN — It’s, Dell, workloads, “ We’ve, Jeff Clarke, Gartner, ” Clarke, CNN’s Krystal Hur Organizations: New, New York CNN, Dell, Dell Technologies, Nvidia Locations: New York, Texas

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