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Ogles is a member of the hard-right Freedom Caucus who reintroduced articles of impeachment against Vice President Kamala Harris last week after she launched her presidential campaign. He chases headlines, not results.”Johnston also had a boost from a super PAC, Conservatives with Character, that is funded by some prominent Tennessee donors and politicians, including former GOP Sen. Bill Frist. Former GOP Sen. Bob Corker also donated to Johnston’s campaign. A former county mayor, Ogles won a crowded primary in 2022 with just 35% percent of the vote, saying at the time, “We’re at war. This is a political war, a cultural war, and it’s a spiritual war.”Ogles is expected to carry the GOP-leaning 5th District in November.
Persons: Andy Ogles, Donald Trump, Ogles, Kamala Harris, Courtney Johnston, Johnson, ” Johnston, GOP Sen, Bill Frist, Former GOP Sen, Bob Corker, George Santos, “ We’re Organizations: Associated Press, GOP, Caucus, Nashville Metropolitan, Former GOP, Nashville, District Locations: Tennessee’s 5th, Tennessee
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEnergy market expects some escalation of geopolitical conflict, says Rapidan Energy's Bob McNallyBob McNally, founder & president at Rapidan Energy Group, joins CNBC's 'Closing Bell' to discuss energy market outlooks, what's behind the crude selloff, and more.
Persons: Rapidan, Bob McNally Bob McNally Organizations: Email Energy, Rapidan Energy Group
The kids that like doing that boring part are just not your typical kid.”Memes of Nedoroscik sitting and waiting 2-plus hours to compete went viral this week, while phrases like Pommel Horse Guy, America’s Pommel Horse Hero and the Clark Kent of Pommel Horse spread across the Internet. But when it was time to hop on the pommel horse, he delivered an #Olympics moment. This week, The Athletic spoke with some of Nedoroscik’s former teammates, coaches and supporters to hear their best stories of America’s Mr. Pommel Horse. “That’s Stephen. (Matt Marton / USA Today)Taking away the Rubik’s CubeNedoroscik was obsessive and passionate about learning pommel horse.
Persons: Matt Carbone, Carbone, that’s, Stephen, , he’s, Stephen Nedoroscik, haven’t, ” Carbone, “ We’re, Nedoroscik, Liz Gonzalez, Bob, it’s, Liz, Bob —, , Bob Gonzalez, “ They’re, Guy, Clark Kent, Ben Cooperman, ” Cooperman, , USA's Stephen Nedoroscik, 6vRNnUXhF2, America’s, Michael Meagher, Meagher, Steve, , ” Meagher, , he’ll, ’ ” Meagher, “ That’s Stephen, “ He’s, Kareem Abdul, Jabbar, Cooperman, Matt Marton, Bryan Perla, ” Nedoroscik, “ He’d, Ian Skirkey, “ I’ve, Brennan Pantazis, Pantazis hadn’t, Pantazis, ‘ Brennan, ” Pantazis, Penn, Jack Baldwin, ” Baldwin, “ Stephen, Baldwin, ” Sam Davis, Davis, ” Davis, ” Said Baldwin, “ That’s, Daniela Porcelli Organizations: Sterling Gym, Paris Olympics, U.S, Penn State, Sterling, University of Massachusetts, ’ Worcester Technical High, Engineering, Worcester Tech, Junior, Worcester, NBA, NCAA, Stanford, Penn, Team USA, Rocket, XBox, Rocket League Locations: Sterling ,, Worcester, Paris, USA, Las Vegas, Vegas, Penn State, Eurasia
Nasdaq enters correction after weak jobs report
  + stars: | 2024-08-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNasdaq enters correction after weak jobs reportBob Elliott, Unlimited CEO and CIO, and CNBC's Steve Liesman join 'Closing Bell: Overtime' to discuss what in Friday's economic data changed the investment narrative, how the data impacted the Federal Reserve, and more.
Persons: Bob Elliott, Steve Liesman Organizations: Nasdaq, Federal Reserve
With nearly three-fourths of the S & P 500 reporting second-quarter results, the earnings picture for the back half of the year is looking unusually complicated. It's been a 'meh' quarter so far We have the usual beat on bottom-line earnings, but revenue beats are below expectations. Most companies are beating on earnings estimates but are declining to hike full-year guidance beyond the beat. Plenty of complaints about a slowing China consumer A weak China economy has been a significant headwind for a number of global companies this season. Procter & Gamble's China sales tumbled 8% from a year ago as consumer spending slowed.
Persons: It's, Sherwin, Williams, Lockheed Martin, Chipotle, Isaac, CDW, Clorox, – Hershey, Kraft Heinz, Mondelez, General Mills, Smucker, McDonald's, Wendy's, Bob, Wyndham, Mills, Marriott, LVMH, haven't Organizations: GE Aerospace, Hasbro, Lockheed, Verizon, Mattel, IBM, Juniper Networks, Enphase Energy, NXP Semiconductors, Accenture, Oracle, Procter, Gamble, PepsiCo, ConAgra Brands, Bank of America, MGM Resorts, Comcast, Marriott, Airlines, Allegiant, Ryanair, Gamble's, Starbucks, Visa, Nike, Vegas Sands Locations: J.M, Atlantic City, China, Gamble's China, Greater China, Japan, Macao, Marina, Sands, Singapore
Read previewBoeing's incoming CEO, Kelly Ortberg, is already signaling his intent to get the planemaker back on track. Later that month, The Seattle Times reported that Boeing's board shut down a shareholder's bid to move its headquarters back to Seattle. Outgoing CEO Dave Calhoun last year faced criticism from employees after commuting to Boeing's HQ by private jet, The Wall Street Journal reported. Airline bosses like Emirates' Tim Clark had called on Boeing to appoint a new CEO with an engineering background. Boeing's incoming CEO, Kelly Ortberg, is an aerospace veteran.
Persons: , Kelly Ortberg, Ortberg, It's, Rockwell Collins, Max, Lindsey Wasson, Maria Cantwell, Dave Calhoun, Calhoun, Tim Clark, we've, Nicolas Owens, Owens, Bob Clifford, preventively Organizations: Service, Seattle Times, Boeing, Reuters, Business, Alaska Airlines, Federal Aviation Administration, REUTERS, Commerce, Science, Transportation, Street Journal, Morningstar Locations: Seattle, Chicago, Virginia, Washington, South Carolina, Renton , Washington, Emirates, Blackstone
[The stream is slated to start at 1:15 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC's ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer educational and actionable advice to help you build your best portfolio.
Persons: Bob Pisani Organizations: Edge
State Street’s Matt Bartolini on record July ETF inflows
  + stars: | 2024-08-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailState Street’s Matt Bartolini on record July ETF inflowsMatt Bartolini, State Street Global Advisors managing director and head of SPDR Americas Research, joins CNBC’s Bob Pisani on the ‘Halftime Report’ to discuss why people are still putting money into ETFs, where the money is coming from and what to expect in August.
Persons: Matt Bartolini, Bartolini, Bob Pisani Organizations: Street Global Advisors, SPDR, SPDR Americas Research Locations: SPDR Americas
Congress enacted legislation a decade ago to create accounts to help people with disabilities save money. ABLE accounts let disabled individuals save money outside of asset limit requirements set by federal-assistance programs while also accessing certain tax advantages. Investments in ABLE accounts grow tax deferred, while withdrawals are tax free, as long as they are used for qualified expenses. To date, more than 171,000 people with disabilities have saved an average of over $11,000 each through ABLE accounts, according to Casey. Last year, he proposed a bill called the ABLE MATCH Act that would create a federal dollar-for-dollar match to help lower-income disabled individuals save money in those accounts.
Persons: Sen, Bob Casey, Casey, Thomas Foley, Foley Organizations: Aging, Investments, Finance, Administration, National Disability Institute
She’s Kim Yeji, the 31-year-old South Korean sharpshooter who has taken social media by storm following her appearance at the Paris Olympics. Kim won silver at the 10-meter air pistol event on Sunday, with her 19-year-old teammate Oh Ye Jin taking the gold. The platform’s owner, Elon Musk, meanwhile commented that Kim “should be cast in an action movie.”Kim, a first-time Olympian, will next compete at the qualifying round of the 25-meter pistol event on Friday. Kim (left) on the podium alongside gold-medal-winning team mate Oh Ye Jin and bronze medalist Manu Bhaker of India. Kim and Oh are roommates in the Olympic Village, according to the Associated Press, with Kim saying Oh was like a sister to her.
Persons: Kim Yeji, Kim, Oh Ye Jin, ” Charles McQuillan, Sauer, Charles McQuillan, , Elon Musk, Kim “, ” Kim, Manu Bhaker, Alain Jocard, Organizations: CNN, Paris, Twitter, Getty, Olympic Games, Associated Press, Olympics Locations: Azerbaijan, India, AFP
Léon Marchand turns himself into a French legend
  + stars: | 2024-07-31 | by ( Kyle Feldscher | ) edition.cnn.com   time to read: +5 min
La Défense Arena just outside of Paris was full of French tricolore flags and anticipation as home nation fans waited for Léon. Lé-on!” When he appered on the pool deck, a roar went up and then more chants: “Lé-on! I really used that energy from the crowd,” Marchand said after. Marchand swam an incredible 200m breaststroke to sweep the French crowd off its feet. The French crowd roared.
Persons: Frenchman Léon Marchand, Marchand’s, , Marchand, Milák, Frenchman, Paris Games –, deafening, ” Marchand, Maddie Meyer, , Zac Stubblety, Cook, I’m, Bob Bowman, Michael Phelps, ” Bowman, “ Hope, Bowman, he’s, “ He’s Organizations: France CNN, Défense, Paris Games Locations: Nanterre, France, Paris, , Europe, Tokyo, what’s, Austin , Texas
While we are getting a tech rally Wednesday thanks to Advanced Micro Devices (up 7%), this is the month when rotation became more than a one day event. Since small-cap companies often have more debt and higher borrowing costs, the expectation of lower rates is certainly a factor. I noted weeks ago that more fundamentally inclined investors were worried about the slower rate of earnings growth for big cap technology stocks . The Russell 2000 would also benefit any time a rotation out of tech occurs because the weightings are different. While the two sectors that comprise technology in the S & P 500 (Technology and Communication Services) are about 40% of the S & P 500, the Russell 2000 is much more diverse.
Persons: Consumer Staples, Russell Organizations: Micro Devices, Energy, Health Care, Consumer, Communication Services, Care Locations: Banks
NANTERRE, France — French sensation Léon Marchand continued his spectacular run at the Paris Olympics by becoming the first swimmer in history to win the 200-meter butterfly and the 200-meter breaststroke at the same Games. 🇫🇷#ParisOlympics | 📺 NBC & Peacock pic.twitter.com/oErY1zMUvu — NBC Olympics & Paralympics (@NBCOlympics) July 31, 2024About two hours later, Marchand set another Olympic record by swimming the 200-meter breaststroke in 2:05.85. “I knew it was possible for me to do — to finish the races, but maybe not win them,” Marchand said. “I never knew (if I could win both).”AdvertisementEarlier in the week, Marchand won a gold medal in the 400-meter individual medley. It was Marchand’s first Olympic gold medal and a moment that gave him goosebumps.
Persons: Léon Marchand, Marchand, Milák, LEON MARCHAND, 🇫🇷#P, mpics &, 🇷 Leon Marc h, t that, Marc, and said, Bowm, eli, l Organizations: Paris Olympics, Hungary’s, CAA, ust Locations: NANTERRE, France, PARIS, brea, ris, ried
Federal Reserve Chair Jerome Powell ended a press conference in which he gave markets exactly what they anticipated he would say. The Fed left rates unchanged, noted that job growth was weaker but still strong and hinted it was slowly winning the war on inflation. Powell, in his press conference, said "the labor market has come into better balance, and the unemployment rate remains low. If there was any doubt he was feeling better about inflation, Powell later said, "we have growing confidence that we are on a sustainable path to two percent," the Fed's long-term target for inflation. The consensus as we entered July was that inflation was still a very real danger and that the Fed may keep rates higher.
Persons: Jerome Powell, Powell, What's, Jackson Organizations: Fed, Jackson, Investors
NANTERRE, France — Léon Marchand has said he likes the silence underwater. That, six days into the 2024 Paris Olympics, is Marchand. #ParisOlympics pic.twitter.com/DEAEFeIxG4 — NBC Olympics & Paralympics (@NBCOlympics) July 31, 2024“I think that was why I was able to win that race,” Marchand said later. And when Léon Marchand swims, you see something different, and the French feel something different. GO DEEPER Meet Léon Marchand, the 'French Michael Phelps' ready to rule his home Olympics(Top photo of Léon Marchand on the podium after his 200-meter breaststroke win: Quinn Rooney / Getty Images)
Persons: France — Léon Marchand, he’s, Hungary’s Kristóf Milák, Marchand, you’ve, LEON MARCHAND, 🇫🇷#P, mpics &, Ja, Marc, ise, eck, egan, Lazar e stati, ros, Stef, cann, haru, ike, Xavier, swam i, Ryan Lo, Sarah S, Xavier M, Fran, e. Isola, ries Organizations: easts Locations: NANTERRE, France, Down, PARIS, ASU,
“Deadpool & Wolverine” clawed through initial analyst expectations, delivering a monster $211 million jolt to the domestic box office. The film’s massive success pushed Marvel past the $30 billion mark at the global office, making it the highest-grossing franchise of all-time. Meanwhile, the box office success coincided with the Disney-owned studio making buzzy announcements at Comic-Con. And, in a stunning announcement, Robert Downey Jr. emerged onstage as Marvel unveiled the one-time “Iron Man” actor as the franchise’s next big supervillain, Doctor Doom. But what happens when Marvel doesn’t have the Russo Brothers and Downey Jr. to lean on?
Persons: Deadpool, Russo, Robert Downey Jr, Doom, Marvel, “ Loki, ” Ryan Reynolds, Wolverine, Downey, Bob Iger’s, It’s, Marvel doesn’t Organizations: New, New York CNN, Marvel, Marvel Studios, Disney, Russo Brothers, Bob Iger’s Magic Locations: New York
Why the U.S. elects so many older politicians
  + stars: | 2024-07-30 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com   time to read: +2 min
"The age of our politicians is kind of baked into the preferences of our voters," said Christian Fong, an assistant professor of political science at the University of Michigan. The median age of the U.S. population — 38.9 in 2022 — is older than it has ever been, according to the Population Reference Bureau. Older voters tend to favor Republican politicians, whereas younger generations typically have a preference for Democrats. That said, Democratic Party legislators are slightly older than their Republican counterparts on average. Watch the video above to learn how older politicians cling to power in Washington.
Persons: Joe Biden, Bob Kerry, Christian Fong, Charles Hunt, Biden's, Kamala Harris, Donald Trump, JD Vance Organizations: Democratic Party, CNBC, 118th, University of Michigan, Stanford University, Pew Research, Republican, Boise State University Locations: U.S, Washington
CNN —Longtime Biden aide Anita Dunn is leaving the White House next week, according to a source familiar, and joining a super PAC supporting Vice President Kamala Harris. This marks the first big departure from the White House in the wake of President Joe Biden’s decision to step down from the 2024 Democratic ticket. Biden thanked Dunn for her work at the White House in a statement Tuesday, calling her “an invaluable part of our White House.”Dunn is departing the White House to serve as a senior adviser to Future Forward and Future Forward USA Action. “She’s tough and tested, and her experience and intellect have helped us deliver historic results for the American people,” Biden said. “I am grateful to President Biden and Vice President Harris for their leadership and giving me the opportunity to be part of what they have accomplished for the American people.”Dunn spent much of the Biden administration as one of the president’s closest advisers.
Persons: CNN —, Anita Dunn, Kamala Harris, Joe Biden’s, Biden, Dunn, ” Dunn, , ” Biden, Harris, Bob Bauer, Harris ’, Anita, Chauncey McLean, Donald Trump Organizations: CNN, White, Democratic, Washington Post, Biden mulled
Gina Carano wants Pedro Pascal and Bear Grylls to testify in her lawsuit against Disney. She says Disney unjustly fired her from "The Mandalorian" because of her personal views. 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 . AdvertisementPedro Pascal, Bear Grylls, and former Disney CEO Bob Chapek are among the big names who could be forced to testify in Gina Carano's ongoing lawsuit against the House of Mouse.
Persons: Gina Carano, Pedro Pascal, Bear Grylls, , Bob Chapek, Gina Carano's, Carano, Disney Organizations: Disney, Service, Business Locations: California
Greg Davis, the firm's president and CIO, told CNBC's Bob Pisani that the small-cap rebound makes sense from a valuation standpoint and could keep going. "Small caps, to us, still look relatively cheap — relative to some of the large-cap alternatives that are out there," Davis said. The small-cap Russell 2000 is up nearly 10% in July, while the S & P 500 is flat and the Nasdaq Composite is down 2%. Small-cap value , in particular, has outperformed, including the Vanguard Russell 2000 Value ETF (VTWV) , which is up 11.9%. The small-cap rally comes after this bull market was mainly led by a handful of Big Tech stocks, including Nvidia and Microsoft .
Persons: Greg Davis, CNBC's Bob Pisani, Davis, Russell, Vanguard Russell, it's, Jack Bogle, Salim Ramji Organizations: Vanguard, Nasdaq, Big Tech, Nvidia, Microsoft, BlackRock
As more commuters settle into flexible working arrangements, the traditional American 9-to-5 has shifted to 10-to-4, according to the 2023 Global Traffic Scorecard released in June by INRIX Inc., a traffic-data analysis firm. Its analysis shows fewer early morning trips and a higher volume of midday trips compared to pre-pandemic traffic patterns. Ridership sank during the pandemic, Federal Reserve Bank of St. Louis data shows, and never fully recovered. The result is a surge in traffic congestion throughout the peak midday and evening hours, according to Pishue. "Pre-Covid, the morning rush hour would be a peak and then the evening peak would be much larger," he said, describing two apexes with a valley in between.
Persons: Kevin Carter, Bob Pishue, Louis, Gallup Organizations: Getty Images, INRIX Inc, Federal Reserve Bank of St Locations: San Diego, San Diego , California
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSalim Ramji on becoming Vanguard CEO: 'Absolutely' looking to continue mission of founder John BogleCNBC's Bob Pisani sits down with Vanguard’s new CEO, Salim Ramji, to discuss stepping into the role, his vision for Vanguard, and more.
Persons: Salim Ramji, John Bogle, Bob Pisani Organizations: Vanguard
Eurosport removed Bob Ballard from its Paris Olympics coverage after he made a sexist joke. Ballard joked that Australia's female swimmers were doing their makeup after they won a gold medal. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSports commentator Bob Ballard was removed from Eurosport's Paris Olympics line-up after making a sexist joke about female athletes. Team Australia's Mollie O'Callaghan, Shayna Jack, Emma McKeon, and Meg Harris were celebrating their gold medal on Saturday when Ballard made the comment.
Persons: Bob Ballard, Ballard, , Australia's Mollie O'Callaghan, Shayna Jack, Emma McKeon, Meg Harris Organizations: Eurosport, Paris Olympics, Service, Paris, BBC, Guardian, Business
Watch CNBC's full interview with Vanguard CEO Salim Ramji
  + stars: | 2024-07-29 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Vanguard CEO Salim RamjiCNBC's Bob Pisani sits down with Vanguard’s new CEO, Salim Ramji, to discuss stepping into the role, becoming the first CEO to not work with Vanguard's founder John Bogle, and more.
Persons: Salim Ramji CNBC's Bob Pisani, Salim Ramji, John Bogle
CNN —Olympics commentator Bob Ballard was dropped from Eurosport, the European pay TV company, on Monday after the veteran sportscaster made sexist comments about the Australian women’s swim team. “We can confirm that Bob Ballard has been removed from our commentary roster with immediate effect,” it said in a statement Monday. Ballard, a veteran commentator who has reported on sports since the mid-’80s, has covered several Olympic games. “The comments I made during the Australian freestyle relay victory ceremony on Saturday have caused some offence. “I shall miss the Eurosport team, dearly and wish them all the best for the rest of the Olympics,” he added.
Persons: Bob Ballard, Ballard, ” Ballard, Lizzie Simmonds, Bob, ” Simmons, , Organizations: CNN, Eurosport, Team Australia, Paris Aquatic, BBC Local Locations: Paris, Europe
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