DIRS.INFO The most relevant business & tech news

The historic endorsement of the Democratic presidential ticket is the first for the civil rights group, which formed in 1929 to protect the rights of Americans of Mexican descent. LULAC leaders announced the endorsement first to NBC News and plan to join Harris and Walz at a rally in Las Vegas on Saturday. The Trump campaign never replied. In 1956, LULAC President Felix Tijerina personally endorsed the Eisenhower-Nixon ticket. LULAC members were active in Viva Kennedy clubs in 1960 and members have supported local Mexican American candidates, such as El Paso Mayor Raymond Telles.

Persons: Kamala Harris, Tim Walz, Harris, Walz, “, ” Domingo Garcia, LULAC, Donald Trump, Juan Proaño, ” Garcia, ”, Julie Chavez Rodriguez, They've, Chavez Rodriguez, Cesar Chavez, Proaño, Joe Biden, Trump, Biden, ” Proaño, Felix Tijerina, Nixon, Raymond Telles Organizations: of United Latin, Minnesota Gov, Democratic, NBC News, LULAC, Trump, Eisenhower, Viva Kennedy, El Paso, NBC Locations: Las Vegas, Viva

☆ Harris Rides Momentum to Arizona, for What Campaign Says Is Largest Rally Yet
▼ + stars: | 2024-08-09 | by ( Kellen Browning | Shane Goldmacher | ) www.nytimes.com time to read: +1 min

Vice President Kamala Harris rolled into Arizona on Friday evening with the same political momentum that has infused her first swing across the country this week, drawing a crowd that her campaign estimated at more than 15,000 — her largest yet — in a Western state that not long ago appeared to be falling off the battleground map. Along with her newly minted running mate, Gov. Tim Walz of Minnesota, Ms. Harris delivered a stump speech that is barely a week old, and yet familiar enough to an impassioned new following that some shouted her lines before she did. The rally was her fourth in four days with an arena-filling crowd that demonstrated the degree to which her candidacy replacing President Biden’s had remade the 2024 race. Mr. Walz relished the crowd that filed into the Desert Diamond Arena in Glendale, Ariz., in 100-degree heat as he poked fun at Mr. Trump’s obsession with rally crowds.

Persons: Kamala Harris, Tim Walz, Minnesota, Harris, Biden’s, Walz Organizations: Desert Diamond Locations: Arizona, Glendale, Ariz

The rally in Bozeman was Trump’s first since Vice President Kamala Harris officially secured the Democratic nomination and selected Minnesota Gov. “We need the Senate,” Trump told the crowd Friday, stressing the critical nature of the contest here. “His really is valor,” Trump said of Sheehy, who served in Iraq and Afghanistan, among other deployments. Trump used the attention to toss a familiar laundry list of attacks against Harris, Walz and Democrats more broadly. “You can imagine if President Trump had to call Chuck Schumer and try to figure out how to get his nominees through,” Daines said.

Persons: Donald Trump, Sen, Jon Tester, Trump’s, Kamala Harris, Tim Walz, ” Trump, Trump, Matt Rosendale, Tim Sheehy, –, Ronny Jackson, Jackson, Tester, “, Donald Trump’s, ”, Harris, Walz, Ohio Sen, JD Vance, Vance’s, Vance, I’m, Sheehy, ” Vance, ” Walz, mispronounced Harris, ” “ Kamala, Kamala, she’s, Montana Sen, Steve Daines, Daines, Chuck Schumer, ” Daines, Sherrod Brown’s, CNN’s David Wright Organizations: Montana CNN, GOP, Democratic, Minnesota Gov, Trump, Senate, Navy, Senate Veterans ’ Affairs, White, Veterans Affairs Department, ” New Democratic, Republican, Marine Corps, ABC, Army National Guard, Congress, National Republican Senatorial Committee, Montana Republicans Locations: Bozeman, Montana, Rosendale, Texas, Pennsylvania, Michigan, Wisconsin, Arizona, Iraq, Afghanistan, Florida, Lago, Minnesota, nonjudicial, ” The Montana, Ohio

☆ Trump wants to cut taxes on Social Security — but it could threaten benefits, experts say
▼ + stars: | 2024-08-09 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

Republican presidential nominee and former U.S. President Donald Trump holds a campaign rally in Harrisburg, Pennsylvania, U.S., July 31, 2024. Former President Donald Trump this week repeated his plan to eliminate taxes on Social Security benefits for seniors. But the plan could deplete Social Security and Medicare trust funds sooner, policy experts say. More from Personal Finance:Tim Walz cut taxes on Social Security. 'People are stretched'Unemployment insurance program is unprepared for a recession, experts saySome experts have criticized Trump's plan, citing concerns about the federal budget deficit and the solvency of Social Security and Medicare trust funds.

Persons: Donald Trump, Tim Walz, Garrett Watson Organizations: Social Security, Republican, Social, Fox, Finance, Tax Foundation Locations: Harrisburg , Pennsylvania, U.S, Lago, Palm Beach , Florida

michelle goldbergI mean, I’m a huge Walz fan, and I was worried. ross douthatSo, yeah, I mean, I’m having made the case that this pick makes sense in vibes terms. michelle goldbergYeah, I don’t think that he necessarily overperforms among conservative voters strictly defined. You don’t think that there’s a part of the country that just finds joy like a really refreshing change? I’m going there.

Persons: ross douthat I’ve, Bon Iver, Taylor Swift, I’ve, michelle cottle Oh, ross douthat, michelle goldberg, michelle cottle, Vance, I’m Michelle Cottle, Ross Douthat, Ross, Michelle Goldberg, Michelle, Harris, Kamala — Kamala — michelle goldberg Kamala, nomenon, Kamala, Chappell Roan, I’m, Frenchman, we’ll, Kamala Harris, Tim Walz, Josh Shapiro, it’s, Donald, JD Vance, Donald Trump, Biden, Walz, Sarah Longwell, Shapiro, Trump, ross douthat Let’s, It’s, that’s, John Fetterman, we’ve, Michelle Cottle, relatability, Jared Golden, Joe Manchin, Mary Peltola, —, Bernie, you’ve, who’s, Josh Shapiro doesn’t, don’t, you’re, Shapiro wasn’t, JB Pritzker, The New York Times ”, here’s Shapiro, Netanyahu, Donald Trump’s, John Kerry, — ross douthat, “, we’re, Bone, michelle goldberg Ross, George Floyd’s, there’s, George Floyd, That’s, It’s Trump, michelle cottle Ross, Joe Biden, Hillary Clinton, ross, hadn’t, “ Trump, MAGA, michelle cottle It’s, he’s, she’s, Tucker Carlson, — michelle cottle, ross douthat —, doesn’t, chameleons, He’s, McKay Coppins, it’s Kamala, Sarah Palin’s, John McCain, Mike Pence, Dick Cheney, George W, ”, michelle cottle “ Sunny, ” ross douthat, Rashida Jones, — ross, ” michelle goldberg, michelle cottle Juicy, “ Severance, michelle cottle Nice Organizations: “ New York, Minnesota, Twitter, Republican, Trump, Democratic, America, Democratic Party, Dartmouth, Biden, The New York Times, Bone Spurs, Vance, Republicans, Air Force, Atlantic, Democrat Locations: Tay, “, Pennsylvania, Brooklyn , New York, Wisconsin, San Francisco, relatability, America, Maine, Alaska, California, Israel, Palestine, Minnesota, Italy, Minneapolis, Afghanistan, Ukraine, Trump, United States, Michelle, Kyoto, Japan

☆ From Walz, a Rosier View of a Midwestern Upbringing
▼ + stars: | 2024-08-09 | by ( Dionne Searcey | ) www.nytimes.com time to read: +1 min

In the western Nebraska town where Tim Walz came of age, teenagers gathered at the Frosty Drive-In after football practice and spent summers working on farms. The tree-lined streets of JD Vance’s hometown in Ohio surrounded a hulking steel mill that endured layoff after layoff. By his own telling, it was a community “hemorrhaging jobs and hope.”The rural Midwestern back stories presented by the two major-party vice-presidential candidates are strikingly different. Another is a glowing portrait of rural America offered by Mr. Walz, the Democratic governor of Minnesota who is Vice President Kamala Harris’s new running mate. The rival campaigns are using these opposing depictions of rural life to make very different appeals to voters.

Persons: Tim Walz, JD Vance’s, JD Vance, Ohio, . Walz, Kamala Harris’s Organizations: JD, Republican, Democratic Locations: Nebraska, Ohio, America, Minnesota

☆ A Financial Tale of Two Potential Vice Presidents
▼ + stars: | 2024-08-09 | by ( Sharon Lafraniere | ) www.nytimes.com time to read: +1 min

Their real estate agent told a local magazine that the buyers paid in cash. These real estate transactions are just one example of the vast gulf in wealth between the two vice-presidential candidates. On their tax return for 2023, the Walzes reported $299,000 in income, more than they had declared in years. Mr. Vance, a multimillionaire, had more than that in just his checking accounts the year before, according to his most recent financial disclosure form. That distinction could come into play in battleground states like Michigan, Wisconsin and Pennsylvania, where both campaigns are hoping the vice-presidential candidates can present an Everyman appeal to Midwestern and rural voters.

Persons: JD Vance, Tim Walz, Vance Organizations: Capitol, Everyman Locations: Ohio, Alexandria, Va, Minnesota, Cape Cod, Minneapolis, Michigan , Wisconsin, Pennsylvania

☆ Tim Walz Was a Clear Eyes, Full Hearts Kind of Coach
▼ + stars: | 2024-08-09 | by ( Alan Blinder | Eli Tan | ) www.nytimes.com time to read: 1 min

The Mankato West Scarlets, who had started the 1999 high school football season with a miserable record of 2-4, had improbably swaggered into a state championship game. Their defense, though, would first have to repel the Cambridge-Isanti Bluejackets, who were from north of Minneapolis and trailed by a single touchdown. But inside the 10-yard line, a Scarlet defender intercepted the ball, effectively clinching a 35-28 victory and Mankato West’s first championship. A coach lifted Tim Walz, then the defensive coordinator and now the Democratic candidate for vice president, skyward. In Mr. Walz’s telling, the victory also eventually proved a launchpad for politics.

Persons: Minneapolis’s, Isanti Bluejackets, Tim Walz, Walz’s Organizations: Minneapolis’s Metrodome, Mankato West Scarlets, Mankato West’s, Democratic, skyward Locations: Cambridge, Minneapolis

☆ Wide swath of America remains opposed to Supreme Court’s ruling overturning Roe v. Wade, poll finds
▼ + stars: | 2024-08-09 | by ( John Fritze | ) edition.cnn.com time to read: +3 min

Sixty-seven percent of respondents in the Marquette poll supported the court’s decision in the abortion pill case. Americans still unhappy with the court overallAlso consistent over the past couple of years has been overall near-record dissatisfaction with the Supreme Court. The latest Marquette poll found 57% of Americans disapprove of the court, compared with 61% who felt that way two years ago. The Marquette poll was conducted from July 24 to August 1 and has a margin of error of plus or minus 4 percentage points. The survey found that views on the Supreme Court depended heavily on partisan affiliation, with just 24% of Democrats and Democratic-leaning independents viewing the court favorably compared with 73% of Republicans.

Persons: Roe, Wade, Kamala Harris, Donald Trump, Harris, Tim Walz, “ Donald Trump, ” Harris, Trump, ” Trump, Dobbs, Marquette Organizations: CNN, White House, Marquette Law School, Minnesota Gov, Jackson, Health Organization, Food, Pew Research, Democratic Locations: Pennsylvania, America, Dobbs v, Florida, Idaho, Marquette

Hong Kong CNN —Presumptive Democratic presidential nominee Kamala Harris’ running mate has a decades-long connection with China. “I remember waking up and seeing the news on June 4 that the unthinkable had happened,” Walz told Voice of America in an interview in 2014. The newlyweds spent their honeymoon taking students on two-week tours in China for sightseeing and classes on culture, education and history. In Chinese nationalist circles, which have an outsized voice on policy debates in China, there are no rosy illusions about Walz. The hashtag “Harris’ VP pick once taught in China” racked up 15 million views on microblogging site Weibo.

Persons: Hong Kong CNN —, Kamala Harris ’, Tim Walz, Walz, ”, Dalai Lama, Joshua Wong, Shen Dingli, ” Shen, ’ Walz, “, Mao Zedong, Deng Xiaoping, ” Walz, Gwen, Cara Roemhildt, ” Roemhildt, Jeff Widener, ’ ”, Liu Dongshu, Liu Xiaobo, Lobsang Sangay, ” Tim Walz, X, Hong Kong’s, Wong, ” Jeffrey Ngo, “ Walz, ” Ngo, ” Shen Yi, “ We’re, ” Stephen Roach, Morgan Stanley Asia, Harris, Eric Fish, Hong Kong's, Joshua Wang, George H, Bush, Bush’s, there’s, Liu, “ Harris, China ”, –, Xi Jinping, “ Heh, I’ve, they’re Organizations: Hong Kong CNN, Democratic, United States ’, Republican, Communist Party, Star, Herald, CNN, Harvard University, Paramount, America, “, of, People, Associated, Congressional, Commission, City University of Hong, Hong, Hong Kong Human Rights, Democracy, White Locations: Hong Kong, China, Beijing, Minnesota, Tiananmen, Nebraska, Shanghai, Foshan, Guangdong, America, Congress, City University of Hong Kong, Tibet, Dalai, Washington, “, South China, Weibo

☆ Opinion | Nancy Pelosi: ‘It Didn’t Sound Like Joe Biden to Me’
▼ + stars: | 2024-08-09 | by ( Ezra Klein | ) www.nytimes.com time to read: +55 min

And they know you’re going to act so they won’t mess with you. Put it in somebody else’s mouth because it was AI mean, it didn’t sound like Joe Biden to me. I think you’re I think you’re underselling this a little bit. And if they don’t, I’m going to keep my promise and send them 100 powdered wigs because they’re just living in a different era. All these other politicians, these career politicians didn’t know how to make a good deal.

Persons: Nancy Pelosi, Harris, Tim Walz, Al Gore, They’re, he’s, Joe Biden, Obama, Walz, Donald Trump, it’s, Trump, Said, JD Vance, Kamala Harris, Gavin Newsom, Ro Khanna, Scott Wiener, haven’t, Liam McCarthy, Willie Brown, George Moscone, Leo, Dianne Feinstein, It’s, Kamala, she’s, let’s, Suzan, You’ll, That’s, you’ll, I’m, that’s, We’re, I’ve, He’s, what’s, Bob Dole, George Bush, Svetlana, they’re, Scott Brown, Ted Kennedy’s, Ted Kennedy, Scott Brown’s, We’ve, you’re, Bill, Harry, Harry Reid, Pelosi, John Boehner, you’ve, Weaver, that’s O.K, Kevin McCarthy, kaka, Bernie Sanders, Sanders, Ted Cruz, Let’s, Barney Frank, Bill I, Steny Hoyer, don’t, You’re, John Dingell, Roe, Ira, Biden, McCarthy, o’clock, Wade, Kathy Manning of, Kathy Manning, didn’t, America’s, Republicans can’t, You’ve, Mary Barra, Steph Curry, Elton John Bono, Bill Gates, ain’t, Abraham, Little, Hillary, Norman Lear, Umberto, Gabriel Garcia Marquez’s, I’ll, Darwin, Lincoln Organizations: Democratic Party, Democratic, Republican, Veterans Affairs, Trump, Republicans, Democrat, San, Cal Stanford, University of San, Morning, NATO, Affordable, Senate, White House, California Democratic Party, Technology Committee, North, Global, Abraham Accords, Rogue, Republican Party Locations: America, Minnesota, San Francisco, University of San Francisco, United States, It’s, Belarus, Massachusetts, California, Iraq, Idaho, Italian, Kathy Manning of North Carolina, China, Sudan, Michigan, Arizona, David, South, Baltimore

☆ Jesse Ventura calls JD Vance’s criticism of Walz military record ‘despicable’
▼ + stars: | 2024-08-09 | by ( Sarah Jorgensen | ) edition.cnn.com time to read: 1 min

How relevant is this ad to you? Video player was slow to load content Video content never loaded Ad froze or did not finish loading Video content did not start after ad Audio on ad was too loud Other issues

☆ The Reason Trump and Vance Really Hate Being Called ‘Weird’ - The New York Times
▼ + stars: | 2024-08-09 | by ( Jamelle Bouie | ) www.nytimes.com time to read: +1 min

Trump and JD Vance, Kamala Harris and her allies say, are “weird.”It started with Gov. Tim Walz of Minnesota, now Harris’s running mate. They want to be in your exam room.”Democrats immediately embraced Walz’s characterization of the former president and his running mate. Pete Buttigieg, the secretary of transportation, said Trump was getting “older and stranger.” Gov. Josh Shapiro of Pennsylvania called Trump “weird” at a rally for Harris, as did Senator Chuck Schumer of New York, who also said that Vance was “erratic.”

Persons: Donald Trump, Donald, ”, —, Trump, MAGA, JD Vance, Kamala Harris, Tim Walz, Walz, Pete Buttigieg, Josh Shapiro, Harris, Chuck Schumer, Vance Organizations: Republican Party, Trump, Democratic Party, Gov, Republican, MSNBC, Pennsylvania Locations: America, Minnesota, New York

Although their population is small compared to other states, Latinos in Minnesota said Tim Walz, Vice President Kamala Harris' pick for running mate, has not overlooked them as governor. About 38% of Minnesota Latinos who voted in 2020 backed Donald Trump, according to NBC News’ exit poll. And state residents without legal status can enroll in Minnesota Care this November and begin getting those health benefits in 2025, she said. Peréz-Vega said she worked with Walz to help get that cap extended to those without legal immigration status who pay federal taxes. He has been a present governor for many Latinos,” Gonzalez said.

Persons: Tim Walz, Kamala Harris, Walz’s, Paul, Donald Trump, Emilia Gonzalez Avalos, Biden, Walz, Gonzalez, ” Gonzalez, don’t, María Isa Peréz, Vega, ”, John Pacheco, Carlos Odio, Odio, Trump, J.D, Vance, Pacheco, ” Pacheco, he's, Rick Aguilar, “, Aguilar, UnidosMN Organizations: Democratic, Midwest, Minnesota, NBC, Unidos, Hub, Minnesota Office, Higher Education, Democrat, Mankato ., Chamber, Commerce of, Equis Research, Hispanic Republican, of, Walmart, Independence, Mercado Central Locations: Minnesota, St, Arizona, Nevada, Pennsylvania, Georgia, Puerto Rico, El Salvador, Guatemala, Ecuador, Colombia, Venezuela, Puerto Rican, Mankato, Mankato . Mankato, U.S, Commerce of Minnesota, of Minnesota, Minneapolis

☆ Steve Martin declines offer to play Tim Walz on 'Saturday Night Live': 'I’m not an impressionist'
▼ + stars: | 2024-08-08 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +1 min

You won't see Steve Martin impersonate Democratic vice presidential nominee Tim Walz when "Saturday Night Live" returns in the fall. "They definitely should get Steve Martin [to] play Tim Walz." "I would like to officially launch my campaign for Steve Martin to play @GovTimWalz on SNL. "I imagine a Tim Walz Father of the Bride Sketch with costar [Martin' Short. They’re gonna find somebody really, really good."

Persons: Steve Martin, Tim Walz, Lorne Michaels, Martin, Lorne, I’m, Kamala Harris, @GovTimWalz, Steve, They’re, Rudolph, Harris Organizations: Democratic, Los Angeles Times, SNL, Times, NBC Locations: Minnesota

"After their convention, yeah," Trump replied, referring again to the Democratic convention, which begins Aug. 19. CNBC reached out to the Trump campaign to confirm that the Republican nominee does not plan to resume large, in-person presidential campaign rallies until after the Democratic convention. "President Trump has a robust, travel schedule — consisting of rallies, messaging events, and fundraisers in the next week. In 2020, in-person campaign rallies on both sides were largely suspended because of the Covid pandemic. Republican presidential nominee and former U.S. President Donald Trump holds a campaign rally in Harrisburg, Pennsylvania, U.S., July 31, 2024.

Persons: Donald Trump, Joe Raedle, Trump, Kamala Harris, Tim Walz —, Ohio Sen, JD Vance —, Harris, Walz, Thursday's, Tim Sheehy, Sheehy, Democratic Sen, Jon Tester, Steven Cheung, James Singer, Governor Walz, —, Trump's, Barack Obama, Obama, Hillary Clinton, Elizabeth Frantz, Pennsylvania —, Adin Ross, Tesla, Elon Musk Organizations: Getty, Democratic National Convention, Republican, White, Democratic, Minnesota Gov, Trump, Republicans, CNBC, Erie Insurance, Hamptons, Reuters, Trump —, Fox News, Fox Locations: Lago, Palm Beach , Florida, Philadelphia, Wisconsin, Michigan, Arizona, Nevada, Montana, Aspen , Colorado, Florida, Erie, Pa, North Carolina , Florida, Pennsylvania, Connecticut, North Carolina, Atlanta, New, Harrisburg , Pennsylvania, U.S, livestream

☆ Banks are restricting employees from donating to the Harris-Walz campaign. Here's why.
▼ + stars: | 2024-08-08 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +4 min

Financial-services firms risk the wrath of the Securities and Exchange Commission if their employees make campaign contributions to state or local officials such as Walz. Donating to the campaign would violate the regulator's "pay-to-play" rule, which keeps firms from trying to sway politicians for favors such as managing their state's pension fund. Those employees are also required to get permission to donate to the Harris-Walz campaign. It is possible to sidestep the pay-to-play rule by donating to PACs or Super PACs that aren't directly tied to the relevant candidate. "The Pay-to-Play Rule, although well-intentioned, imposes unique, unquantifiable costs on individuals by impeding their ability to participate in the political process."

Persons: —, Joe Biden, Kamala Harris, Tim Walz, Walz, Harris, Donald Trump's, Wells, Mike Pence, Pershing, Patricia Crouse, Crouse, aren't, Hester Peirce Organizations: Service, Street, for Responsive, Democrat, Minnesota Gov, Financial, Securities and Exchange Commission, Business, Citigroup, Citi, JPMorgan, Bank of America, Trump, Pershing, SEC, University of New Locations: Wells Fargo, Indiana, Massachusetts, Tallahassee , Florida, University of New Haven

☆ Opinion | Tim Walz and the Weird Politics of Free School Lunches
▼ + stars: | 2024-08-08 | by ( Paul Krugman | ) www.nytimes.com time to read: +1 min

You could say that Tim Walz became the Democratic vice-presidential nominee with one weird trick — that is, by using that word to describe Donald Trump and JD Vance, a categorization that went viral. He has also been an activist governor of Minnesota with a strong progressive agenda. And I’d like to focus on one key element of that agenda: requiring that public and charter schools provide free breakfasts and lunches to all students. In any case, free school meals are a big deal in pure policy terms. And the partisan divide over feeding students tells you a lot about the difference between the parties, and why you really, really shouldn’t describe the MAGA movement as “populist.”

Persons: Tim Walz, Donald Trump, JD Vance, Joe Biden, Walz, Kamala Harris, MAGA, ” Organizations: Democratic, Republican Locations: Minnesota

☆ Trump, Harris deploy running mates to wage class warfare over 'what Middle America is'
▼ + stars: | 2024-08-08 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +6 min

Tim Walz, the Democratic vice presidential candidate, speaks during a campaign rally with Democratic presidential candidate Vice President Kamala Harris, in Philadelphia, Aug. 6, 2024. Kevin Lamarque | ReutersWith their running mate selections, former President Donald Trump and Vice President Kamala Harris have opened up a new front in the battle for the White House: winning over the average Joe. The Democratic vice presidential candidate, Minnesota Gov. As news outlet NOTUS put it: "Kamala Harris Has a Scranton Problem." Joe Raedle | Getty ImagesA Harris campaign spokesman declined to comment on the Trump campaign's email.

Persons: Tim Walz, Kamala Harris, Kevin Lamarque, Donald Trump, Joe, Trump, Harris, haven't, Republican Sen, JD Vance, Ohio, Walz, Vance, JD, Sen, Adam Bettcher, " Walz, Walz's, Brendan Smialowski, It's, William Howell, Howell, Joe Biden, Minnesota Gorvernor Tim Walz, Tiffany, Kamala pisses, Joe Raedle Organizations: Minnesota Gov, Democratic, Reuters, White, San, Democratic Minnesota Gov, Republican, Yale, NMC, Wollard, Getty, Silicon, Afp, University of Chicago, Minnesota, U.S . Marine Corps, Yale Law School, Senate, Trump, Mar Locations: Minnesota, Philadelphia, San Francisco, Eau Claire , Wisconsin, America, Nebraska, Michigan, University's, Scranton , Pennsylvania, California, Scranton, Philadelphia , Pennsylvania, U.S, Ohio, Palm Beach , Florida

☆ Why Jay Powell refuses to be bullied by Wall Street
▼ + stars: | 2024-08-08 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

The whole episode underscored a fundamental tension between the Fed, which is focused on economic stability, and Wall Street, which is focused on profit. The message from Powell and other policymakers is clear: We won’t be strong-armed by Wall Street. The BOJ’s deputy governor, Shinichi Uchida, citing volatility in financial markets, said the bank would not raise its policy interest rate as long as markets remain unstable. Powell (formerly in finance, hazel eyes, great ties) appears to have a real opportunity to Volcker it up even more in the coming weeks. That gives Wall Street plenty of time to sit in the corner and deal with its feelings.

Persons: CNN Business ’, Summer, Tim Walz’s, Jerome Hayden Powell, Here’s, Powell, ”, Powell’s, It’s, Paul Volcker fanboy, Shinichi Uchida, Mohamed El, “, Volcker, quieting, Powell isn’t Organizations: CNN Business, New York CNN, Finance, Federal, Stock, CNBC, Wall, Bank of Japan, Bloomberg Locations: New York, FiDi, Powell, Japan

☆ Tim Walz is a YIMBY. He's supported a ton of new housing that's kept rents down in Minnesota.
▼ + stars: | 2024-08-08 | by ( Eliza Relman | ) www.businessinsider.com time to read: +5 min

Walz has overseen a significant push for new housing, including reducing regulatory barriers to construction, and supported progressive efforts to support low-income tenants and homebuyers. In May 2023, he signed a $1 billion housing omnibus law, which included funding for programs ranging from downpayment assistance to workforce housing. A city leading the country on housing policyMinnesota's biggest city — Minneapolis — has long been a national leader on pro-housing policy. A lawsuit in 2022 paused the policy's implementation until the Minnesota state legislature passed a law — signed by Walz — in May allowing the plan to go forward. Over the last decade, Minneapolis has constructed a ton of new and dense housing, which has significantly improved affordability.

Persons: —, Joe Biden, Kamala Harris, Harris, Tim Walz, Walz, Minnesotans, Ezra Klein, Janet Yellen, Yellen, Jenny Schuetz, Daryl Fairweather, Redfin's, Walz — Organizations: Service, Business, Minnesota Gov, New York Times, Democratic, Brookings Institute, Minneapolis —, Twin Locations: Minnesota, Minneapolis, Twin Cities

☆ Trump and Harris agree to Sept. 10 debate on ABC, two more dates in the works
▼ + stars: | 2024-08-08 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Joe Raedle | Getty ImagesFormer President Donald Trump and Vice President Kamala Harris have agreed to a debate on Sept. 10 hosted by ABC News, both presidential nominees said Thursday. Trump said CBS News will host a vice presidential debate between his running mate, Sen. JD Vance of Ohio, and Harris' running mate, Minnesota Gov. Joe Raedle | Getty ImagesNBC has pitched both campaigns multiple potential dates for a presidential debate, a person familiar with the matter told CNBC. Trump's campaign agreed to Sept. 25 but the Harris campaign has yet to agree to that date, the person said. Harris since then had taunted Trump for refusing to commit to the ABC debate, whose Sept. 10 date was set originally for Trump to debate President Joe Biden, who dropped out of the election last month.

Persons: Donald Trump, Joe Raedle, Kamala Harris, Trump, Harris, Elizabeth Frantz, Sen, JD Vance, Tim Walz, Fox, Joe Biden, Trump's, Walz, she's, Biden Organizations: Getty, ABC News, Fox News, NBC News, Democratic, ABC, Air Force, Detroit Metropolitan Wayne County Airport, Reuters, NBC, United Auto Workers, Republican, CBS, Minnesota Gov, Trump, CNBC, Tuesday Locations: Lago, Palm Beach , Florida, Romulus , Michigan, U.S, Wayne , Michigan, Ohio

☆ Harris running mate Gov. Tim Walz owns no stocks, bonds or real estate, disclosure shows
▼ + stars: | 2024-08-07 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Tim Walz, the running mate of Democratic presidential candidate Vice President Kamala Harris, speaks during a campaign rally in Eau Claire, Wisconsin, Aug. 7, 2024. Tim Walz, the Democratic running mate of Vice President Kamala Harris, owns no stocks, bonds or real estate, according to his most recent financial disclosure. If Walz is elected vice president in November, he would make an annual salary of $284,600, based on 2024 rates. Walz's modest financial profile stands in stark contrast to that of Republican presidential nominee Donald Trump, who is a billionaire several times over, and to Trump's running mate, Sen. JD Vance of Ohio. Forbes estimates Vance's net worth, based on publicly reported investments and cash, to be between $3 million and $10 million.

Persons: Tim Walz, Kamala Harris, Walz, Donald Trump, Sen, JD Vance, Ohio, Harris, Doug Emhoff, Emhoff Organizations: Minnesota Gov, Democratic, Republican, Forbes Locations: Minnesota, Eau Claire , Wisconsin, Mankato , Minnesota, Brentwood , California

☆ Opinion | The Presidential Campaign’s Carbonated Détente
▼ + stars: | 2024-08-07 | by ( Frank Bruni | ) www.nytimes.com time to read: +1 min

The beverage has had a starring role in the 2024 campaign because, it turns out, both vice-presidential candidates are fans of it. That suggests some artificially sweetened version of horseshoe theory, with left and right arriving at a similar destination, a carbonated détente. It’s also zero calories per serving, and neither man seems to be a metabolic marvel liberated from any worry about weight. President Theodore Roosevelt, so appreciative of nature, plucked mint from the White House garden for juleps. President Donald Trump, so given to excess, drank as many as 12 Diet Cokes a day.

Persons: ’, syrupy —, JD Vance, Tim Walz, men’s, It’s, Thomas Jefferson, Theodore Roosevelt, Donald Trump, Cokes Organizations: Ohio, Gov Locations: Minnesota

☆ In an oversaturated market for AI companies, these startups have the best shot at surviving
▼ + stars: | 2024-08-07 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

Investors highlighted their portfolio companies and startups they had no financial ties to. Leena Rao, who oversaw the list and leads BI's VCs and startups team, estimated about 80% of the startups included are focused on AI. AdvertisementiStock; BIAs differentiated as AI startups try to be, the market has undeniably become oversaturated. Big Tech reform is coming, but Washington won't be the one doing it. Congress can't or won't act, so people who want Big Tech companies to change their ways are trying to do it through the courts .

Persons: —, Kamala Harris, Tim Walz, Here's, Kimberly White, Chelsea Jia Feng, Leena Rao, BI's, That's, It's, Arindam Sandilya, Paul Dietrick, Oppenheimer, John Stoltzfus, Jenny Chang, Rodriguez, Adam Mosher, Mosher, YouTube's, Jimmy Donaldson, Alyssa Powell, Elon, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Business, Boldstart Ventures, TechCrunch, Healthcare, Getty, JPMorgan, FX, UBS, BI Prosecutors, Big Tech Locations: Minnesota, we're, Washington, New York, London

Search resuls for: "Walz"

25 mentions found