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Kamala Harris is a gun owner. Here is what we know
  + stars: | 2024-09-20 | by ( Mj Lee | ) edition.cnn.com   time to read: +6 min
“I am a gun owner, and I own a gun for probably the reason a lot of people do – for personal safety,” Harris, then a California senator, told reporters in Iowa. Harris’ office declined to share what year she first became a gun owner or any other details about the firearm and her ownership of it. But she did not run from her values on assault rifles and assault weapons,” the adviser said. Trump, Harris’ Republican opponent, is also a self-proclaimed gun owner. Walz, the Minnesota governor and Harris’ running mate, is also a gun owner.
Persons: CNN — Kamala Harris, Donald Trump’s, Harris “, “ Tim Walz, We’re, Harris, Oprah Winfrey, they’re, ” Harris, , , don’t, Harris ’, , Tim Walz’s, Frankie Vanloock’s, Francisco Ortiz, Frank Green, Dr, Jose Rosas, Trump, Walz, Ohio Sen, JD Vance Organizations: CNN, Democratic, Naval Observatory, Trump, Republican, New York City Police Department, Philadelphia TV Locations: Michigan, Los Angeles, Washington, California, Iowa, Alameda County, New York, Minnesota
FedEx earnings miss could signal a slowing economy
  + stars: | 2024-09-20 | by ( Chris Isidore | ) edition.cnn.com   time to read: +3 min
CNN —FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this year, a sign of possible cooling in the wider economy. “The labor market is in solid condition, and our intention with our policy move today is to keep it there,” Powell said. “You can say that about the whole economy: The US economy is in good shape. The labor market is at a strong pace. Shares of FedEx had been up 21% year-to-date through Thursday’s close before Friday’s decline.
Persons: Rajesh Subramaniam, ” Subramaniam, John Dietrich, Subramaniam, , , we’re, Jerome Powell, ” Powell Organizations: CNN, FedEx, Federal Reserve
CNN —Suspicious packages were sent this week to election offices in more than 20 states, leading to an FBI investigation, triggering evacuations and rattling staff, according to a CNN survey of state offices and Associated Press reporting. Karen Brinson Bell, the executive director of the North Carolina State Board of Elections, told CNN that that the battleground state was also targeted this week. Officials in Kansas and New York said in statements and interviews that, after the letters were noticed, they evacuated their offices. Postal Inspection Service are investigating a series of suspicious mailings sent to election officials in several states,” the FBI said in a statement. A source involved with a group that coordinates with election officials across the country told CNN the 2023 incident led many of these offices to step up precautions and safety measures, so they were better protected this time around.
Persons: Brad Raffensperger, “ We’re, ” Raffensperger, Karen Brinson Bell, Bell, ” Bell, , ” David Becker, ” Becker, Democrats ”, Organizations: CNN, Associated Press, US Postal Service, North Carolina State Board, Election Innovation, Research, Democrats, FBI, U.S . Postal, Service Locations: Alaska , Arizona , California , Colorado , Connecticut, Georgia, Indiana , Iowa , Kansas , Kentucky , Massachusetts , Mississippi , Missouri , Nebraska , New York, North Carolina , Ohio , Oklahoma, Rhode Island , Tennessee, Wyoming, Fulton County, Kentucky, Kansas, New York, Oklahoma, Takoma Park , Maryland
The Federal Reserve's first interest rate cut since 2020 helped drive the week's gains. The anticipation and delivery of the Federal Reserve's first interest rate cut since 2020 helped drive the gains this week. The Fed issued a jumbo 50 basis point interest rate cut to "recalibrate" monetary policy, as Fed Chairman Jerome Powell put it nine times during his FOMC speech on Wednesday. US stocks soared on Thursday after declining slightly on Wednesday, as investors had more time to digest the Fed's interest rate decision. AdvertisementThe S&P 500 and Dow Jones Industrial Average both hit record highs on Thursday.
Persons: , Jerome Powell, Raymond James, Larry Adam, Adam Organizations: Dow, Federal, Investors, Service, Nasdaq, Dow Jones, Fed, Dow Jones Industrial
"The Fed rate cuts are likely to support inflows to money market funds over the course of the next year," Antoniewicz said. While retail investors may slow their pace of investment, institutional flows tend to ramp up since yields on money market funds lag the funds rate, she noted. That cash can stay in a money market fund, a high yield saving account or certificates of deposit. The bucket for three to five years has about 70% in fixed income, with a small amount of high yield bonds added that have durations under five years. He'll dip more into high yield, as well as private credit, in the six to 10-year fixed income category.
Persons: haven't, Shelly Antoniewicz, Antoniewicz, Chuck Failla, you'll, Bond, Failla, Marcus, Kathy Jones, It's, Jones Organizations: Federal Reserve, Investment Company Institute, Sovereign Financial Group, Schwab Center, Financial Research, Treasury, nab Locations: Wells
Protesters hold placards reading 'Abolish punishment for abortion' as they protest South Korean abortion laws in Gwanghwamun plaza in Seoul on July 7, 2018. efired/iStockphoto/Getty ImagesBy not passing abortion laws, the National Assembly is “not doing its job,” said Cho Hee-kyoung, a law professor at Hongik University in Seoul. Changing attitudes to abortionDespite the country previously having highly restrictive abortion laws, abortion has not historically been the lightning rod in South Korea that it has been in the United States. If overpopulation had once prompted the government to push abortions, South Korea was now dealing with the opposite problem. It is impossible to know the true number of abortions that take place each year in South Korea because the procedure is unregulated.
Persons: haven’t, It’s, Ed Jones, , , Cho Hee, ” Cho, Nayoung, Cho, Jung Yeon, Susanné Seong, “ They’ve, Charlie Neibergall, ” Nayoung, SeongJoon Cho, Yoon Suk, she’d Organizations: Seoul CNN, vlogger, Seoul National Police, South Korean, YouTube, CNN, Getty, National Assembly, Hongik University, country’s Ministry, Justice, Health and Welfare Ministry, Health, Ministry, Welfare Ministry, World Bank, South Korea’s Institute for Health, Social Affairs, Human Rights Watch, Korea, Pharmaceutical Affairs, Supreme, Ministry of Food and Drug Safety, South, Bloomberg, Organization for Economic Cooperation, Development, HRW, Police Locations: Seoul, South Korea, Korean, Gwanghwamun, AFP, South, efired, , United States, Jusarang, Ames , Iowa, Canadian, Korea
Read previewWith less than two months to go before the 2024 election, top Republicans and allies of former President Donald Trump are pushing for a last-minute change to the Electoral College. The GOP effort centers on Nebraska, a traditionally Republican state that awards its Electoral College votes in an unusual way. AdvertisementThe Electoral College mathUnder the Electoral College, a candidate needs to win 270 votes — a majority of the 538 total electors — in order to win. AdvertisementMaine earlier this year threatened to switch to a winner-take-all system for Electoral College votes if Nebraska did the same. How one vote could change the electionAs Graham noted, just one Electoral College vote is at stake in Nebraska.
Persons: , Donald Trump, Kamala Harris, Joe Biden, Biden, Harris, Sen, Lindsey Graham of, Graham, Trump, There's, he's, it's, That's, Jen O'Malley Dillon, Jim Pillen Organizations: Service, Electoral College, Business, Electoral, Biden, Trump, Lindsey Graham of South Carolina, CBS, Nebraska, Democratic, Maine's, Sun, Representatives, Republicans, Republican Gov, Nebraska Examiner, GOP Locations: Nebraska, Omaha, Lindsey Graham of South, Lincoln, Pennsylvania, Michigan, Wisconsin, Nevada , Arizona, Georgia, North Carolina, Maine, Trump, Maine's, Nevada, state's
Lennar — The homebuilding stock slipped 3% despite beating analysts' expectations for its fiscal third quarter. Trump Media & Technology Group — Shares traded nearly 5% lower as selling restrictions on former President Donald Trump and other early investors ended. PepsiCo — The snacks and beverage stock slipped 1% following a downgrade at Morgan Stanley to equal weight from overweight. ASML — Shares slipped 2% after Morgan Stanley downgraded the semiconductor manufacturer to equal weight from overweight. Aptiv — Shares of the automobile technology supplier rose more than 1% after an upgrade to overweight from equal weight at Wells Fargo.
Persons: John Donahue, Elliott Hill, Lennar, LSEG, Donald Trump, MillerKnoll, Tesla, Morgan Stanley, Lee Simpson, Piper Sandler, Chewy, Buddy Chester, CNBC's Michelle Fox, Sarah Min, Jesse Pound, Samantha Subin Organizations: Nike —, FedEx —, Trump Media & Technology, , Constellation Energy, Microsoft, — Auto, Mercedes, General Motors, PepsiCo, Contessa Pharmaceuticals, Valero Energy Locations: China, Wells Fargo
New York CNN —Self-service kiosks at McDonald’s and other fast-food chains have loomed as job killers since they were first rolled out 25 years ago. The kiosks show the unintended consequences of technology in fast-food and retail settings, including self-checkout. Chains are now experimenting with artificial intelligence at drive-thru lanes, and the experience with kiosks holds lessons for them. It raised a familiar refrain that those workers would be replaced by technology, such as self-service kiosks. Fast-food chains and retailers need to do a better job communicating what the potential benefits of kiosks and self-checkout are to consumers and employees, Andrews said.
Persons: New York CNN —, McDonald’s, Robert Lynch, you’ve, Eva Marie Uzcategui, , RJ Hottovy, ” Hottovy, — don’t, , Ed Rensi, Christopher Andrews, Andrews Organizations: New, New York CNN, Subway, Starbucks, Shack, Bloomberg, Getty, Temple University, Labor Department, Drew University Locations: New York, McDonald’s, United States, California
What happened to 23andMe?
  + stars: | 2024-09-20 | by ( Allison Morrow | ) edition.cnn.com   time to read: +5 min
Takes the company public. 23andMe went public in 2021, jumping on the SPAC trend of the era, when a bunch of companies went public via “special purpose acquisition companies” — essentially shell-company mergers that let firms go public in a hurry when investor appetite is strong. 23andMe co-founder and CEO Anne Wojcicki, pictured in 2020. Side note: I did my own 23andMe test, in 2019, motivated by a millennial compulsion to spend money on any product that promises to alleviate and/or deepen my corporeal angst. 23andMe has tried to convert one-time buyers into subscribers with the promise of continued feedback and personalized wellness plans.
Persons: CNN Business ’, it’d, Anne Wojcicki, , It’s, Susan Wojcicki, 23andMe, Emma McIntyre, Oprah’s, there’s …, Wojcicki, Organizations: CNN Business, New York CNN, Yale, Google, Wall Street, Wall Street Journal Locations: New York, Bay
New York CNN —Three Mile Island, the site of worst nuclear disaster in the United States, is reopening and will exclusively sell the power to Microsoft as the company searches for energy sources to fuel its AI ambitions. Microsoft will purchase the carbon-free energy produced from it to power its data centers to support artificial intelligence. Clean energy advocates and businesses alike are looking towards nuclear energy as a source of zero-carbon power that is a reliable baseload source. Three Mile Island, located near Harrisburg, is best known for being the most serious accident at a commercial nuclear power plant in US history when it experienced the partial meltdown of one of its two reactors. Demand for energy is expected to surge as tech giants need more sources of power to fuel their AI needs, especially nuclear power, which is carbon-free and helps them maintain their lofty climate goals.
Persons: weren’t, , Joe Dominguez, It’s, Joe Biden’s, Biden, Bobby Hollis, CNN’s Ella Nilsen Organizations: New, New York CNN, Microsoft, Constellation Energy, Constellation Locations: New York, United States, Harrisburg
After you put out your story and New York magazine put out a statement, Nuzzi put out her own statement, which might change the way people perceive the story. And as New York magazine said, I think they're taking this pretty seriously. Since we're having a media business conversation now: I was surprised when you launched that you made this a subscription product. There is lots of media journalism out there that is for free. So this stuff is expensive, and if you want to support good journalism, I think you should pay for it.
Persons: , Olivia Nuzzi, Robert F, Kennedy Jr, Donald Trump, Nuzzi, Oliver Darcy, Darcy, Olivia, Joe Biden, It's, She's, CNN's Donie O'Sullivan, Tasos Katopodis, it's, I've, there's Organizations: Service, RFK Jr, Business, CNN, Vox Media, New York, RFK, White, York, Getty Images Locations: Olivia Nuzzi , New York, Donald Trump ., York, New York, America
Josh Allen, #17 of the Buffalo Bills, warms up prior to an NFL game against the Miami Dolphins at Hard Rock Stadium in Miami Gardens, Florida, on Sept. 12, 2024. It won't be an ordinary "Monday Night Football" gameday for Buffalo Bills fans next week. Erie County, where Buffalo sits, is selling the bonds to help fund half the $250 million it agreed to put up for the new stadium. The new stadium will be owned by the Erie County Stadium Corporation and the Bills will pay rent. The Buffalo Bills are 2-0 this season and take on the winless Jaguars on Monday night.
Persons: Josh Allen, Kevin Hardwick, Hardwick Organizations: Buffalo Bills, NFL, Miami Dolphins, Jacksonville Jaguars, Bills, Retail, Investments, CNBC's Official NFL, National Football League, Kansas City Chiefs, Erie, Stadium Corporation Locations: Miami Gardens , Florida, Orchard Park, Buffalo, Erie County, New York, Erie
The longest video shows three Israeli soldiers standing on a rooftop. “This is a serious incident that does not coincide with IDF values ​​and the expectations from IDF soldiers,” the military said in a statement to CNN. The governor of Jenin, Kamal Abu Al-Roub, told CNN that the Israeli military took four bodies from Qabatya. “Soldiers went up and kicked and pushed the bodies off the roof, as we have seen. The Israeli military has in recent weeks used increasingly militarized tactics in the occupied West Bank.
Persons: Kamal Abu Al, Ameed, , “ Soldiers, , Mustafa Barghouti, Lauren Izso, Tim Lister Organizations: Jerusalem CNN, West Bank, Israel Defense Forces, Associated Press, CNN, Al, IDF, Israeli Security Agency, Palestinian Ministry of Health, Palestine Red Crescent Society Locations: Jerusalem, Qabatya, Jenin, Qabatiya, Palestinian, Palestine
It’s unclear whether the comments were removed by Robinson or Nude Africa administrators. Neither the Robinson campaign nor Nude Africa responded to inquiries from CNN. Many gratuitously sexual and lewd in nature, the comments were made under the username minisoldr, a moniker Robinson used frequently online. The battleground state is a target for former President Donald Trump and his Democratic rival, Vice President Kamala Harris. North Carolina is an vital part of that plan,” Trump campaign spokeswoman Karoline Leavitt told CNN in a statement that did not directly address the reporting.
Persons: Mark Robinson, Robinson, , , Josh Stein, Roy Cooper, Donald Trump, Kamala Harris, Harris, Trump, Trump’s, ” Trump, Karoline Leavitt, Biden, ” Leavitt, “ Martin Luther King Organizations: CNN, Gov, Republican, Africa, Democratic, White, Trump Locations: North Carolina
But Wall Street was mostly clueless this week when it came to predicting how big a rate cut the Fed would deliver on Wednesday. The jumbo half-point cut the Fed ultimately rolled out was not at all what traders expected a week ago. Powell: Fed officials ‘left the size of the rate cut open’ ahead of September meetingIn a closely watched speech at the Fed’s annual economic symposium in Jackson Hole, Wyoming, last month, Powell declared “the time has come” to cut interest rates. That data was apparently enough to spur some Fed officials to reconsider their position. “But we do not expect Fed officials to be intentionally opaque,” said Husby.
Persons: Jerome Powell, Powell, , , Price, Christopher Waller, , Powell’s, Thomas Simons, ” Simons, Michelle Bowman, “ We’re, Andrew Husby, Waller, there’s Organizations: New, New York CNN — Federal, Fed, PPI, CNBC, Jefferies, BNP Locations: New York, Jackson Hole , Wyoming
By 2017, he decided he had to pivot and elected to give stock trading a try. "You're going to panic-sell at the lows; you're going to panic-buy at the highs. You're going to trade when the stock is zigging and zagging and get chopped up. Related storiesOn a chart, it can often look like a wide space between two candles after the stock's price opens significantly higher than where it was in premarket hours. AdvertisementOn January 19, during pre-market hours, the stock's price spiked, causing a gap up on the opening.
Persons: Christian Flanders, Flanders, Norman Zadeh, it's Organizations: Service, Business, US, IT Solutions Locations: Flanders, he's
Three Mile Island, the site of one of the US' worst nuclear disasters, may soon reopen. Constellation have struck a deal to give Microsoft energy to power its AI push. AI systems require huge amounts of energy to train and run, and tech giants are looking for new sources. AdvertisementA nuclear plant at the site of one of the worst nuclear disasters in US history may soon reopen to provide power for Microsoft's AI push. Constellation Energy has struck a deal to provide Microsoft with nuclear power for the next two decades by bringing part of the Three Mile Island nuclear plant back to service by 2028.
Persons: Organizations: Constellation, Microsoft, Service, Constellation Energy, Pennsylvania, Business
Former pharmaceutical champion Pfizer (PFE) , down 52% from its December 2021 all-time high, is judged to be in the throes of a "bearish-to-bullish" Reversal. Pfizer, the laggard the past year: Is now... Pfizer, the leader the past month: By our work, PFE represents a compelling "value play". And with a 5.73% dividend yield, one "gets paid" to wait as the stock continues to bottom. THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: Carter Braxton Worth Organizations: Pfizer, pharma, Pharmaceuticals Industry Group, CNBC, NBC UNIVERSAL
That rally may not be sustainable, based on the venerable " Dow Theory ." The century-old Dow Theory looks at the relationship between the Dow Industrials and the Dow Transports , and argues that market trends must be confirmed by both groups. In other words, if the Dow Industrials are going lower, then Transports most also be falling to confirm a prolonged negative run. Right now, investors are presented with the Dow Industrials at all-time highs and Transports barely positive for the year. FDX 5D mountain FDX year to date To be sure, other market trends paint a more positive picture.
Persons: Jonathan Krinsky, Mark Mahaney Organizations: Dow Jones, Dow, Dow Transports, Transports, FedEx, UPS, Tech, Energy, NBA
The rules impose tougher requirements on companies around their internal cyber resilience strategy and internal practices. CNBC runs through all you need to know about NIS 2 — from what the law requires to the potential penalties businesses could face for violations. Under NIS 2, firms will also have to vet their digital supply chains for cyber threats and vulnerabilities. Companies that fail to comply with the new law could face massive potential fines, along with other punitive actions. Still, even with cyber security a much more prominent focus in board rooms, this hasn't stopped cyberattacks from taking place.
Persons: Oscar Wong, Geert van der Linden, Van der Linden, It's, Chris Gow, Carl Leonard, Leonard, Cisco's Gow, CISO, cyberattacks, Gow Organizations: European Union, NIS, CNBC, Information, EU, Companies, noncompliance, Data, Union Locations: EU, Capgemini, Russian
Read previewDid Katy Perry manifest her relationship with Orlando Bloom? "I was like, I'm going to go swim in a different pond, I want to try something else, I'm going to say yes to something I wouldn't normally say yes to," the "Woman's World" singer said. But before seeing "what's out there in the world" and attending the 2016 Golden Globes, she decided to set her intentions. Related storiesSetting intentions for successPerry is not the only celebrity who has set intentions for success. A representative for Perry did not immediately respond to a request for comment from Business Insider sent outside regular business hours.
Persons: , Katy Perry, Orlando Bloom, Apple Music's Zane Lowe, Perry, Daisy Dove Bloom, Bloom, Lowe, Oprah Winfrey, Chelsea Stokes, Stokes, it'll Organizations: Service, Business, Business Insider Locations: Salt Lake City
Read previewA24's latest dark thriller "A Different Man" is a twisted exploration of the inner and outer self, featuring a standout performance from British actor Adam Pearson. As of 2024, Adam told People magazine that he's undergone 39 procedures to remove his excess tumors that continuously grow back. "I go into everything with a clear head and a full heart," Pearson told People in a recent interview. AdvertisementPearson's role in 'A Different Man' was written for himPearson as Oswald in "A Different Man." Schimberg also said that he wouldn't have considered making "A Different Man" if Pearson passed on the role.
Persons: , Adam Pearson, Sebastian Stan, Edward, Guy, Oswald, Pearson, LOU BENOIST, Neil Pearson, Adam, Neil, he's, Jonathan Glazer's, Scarlett Johansson, Aaron Schimberg's, Matt Infante, Schimberg, I've, wouldn't, doesn't, Aaron, It's Organizations: Service, Business, Deauville American Film Festival, Getty, The Observer, University of Brighton, Pearson Twins Locations: British, Hollywood
If you’re looking for how to get tickets to Mariah Carey's 2024 concert tour, then we’ve got you covered. How to buy tickets for Mariah Carey 2024 concert tourYou can buy original tickets for Mariah Carey’s 2024 Christmas tour and 2025 Las Vegas residency through Ticketmaster. Mariah Carey’s 2025 Las Vegas concert residency, The Celebration of Mimi, at the Dolby Live Theater permits all ages. Mariah Carey also offers VIP packages for her Christmas tour and The Celebration of Mimi 2025 Las Vegas residency. There are currently no international tour dates scheduled for Mariah Carey's 2024 tour.
Persons: Mariah Carey, Mariah Carey’s, Carey, , Mariah Carey's, we’ve, Saint, Mimi, Christmas Organizations: Business, Las Vegas, Las, Dolby, AZ, Ticketmaster, Vivid Locations: North America, Las Vegas, Highland , California, Brooklyn , New York, Highland, Hollywood, CA, Phoenix, Austin, Houston, Dallas, Atlanta, Nashville, TN, Rosemont, IL, Saint Louis, Washington, Philadelphia, Boston, Baltimore, Raleigh, NC, Pittsburgh, Newark, NJ, Park, NY, Brooklyn, Vegas, Phoenix , AZ, Raleigh , NC, Brooklyn , NY, StubHub, Belmont Park, , CA
Rodgers defied his age in the win, moving around with ease and effectiveness as he evaded Patriots defenders and dissected New England’s defense with his throwing. Rodgers was serenaded throughout the game by the Jets faithful with chants of his name, and afterwards, the quarterback labeled Thursday a “really special night.”“I was feeling real good out there,” Rodgers told reporters. I felt like I was myself quite a few years ago.”Rodgers missed the majority of last season with a torn Achilles. Adam Hunger/APRodgers added when asked about returning to the field at MetLife Stadium: “I felt a really good calm about it, honestly, I didn’t think a whole lot about it. But in its third game of the season with the Super Bowl XLV champion at the helm, things appeared to click for New York.
Persons: Aaron Rodgers, Achilles, Rodgers, Allen Lazard, Garrett Wilson –, Wilson, , ” Rodgers, , I’ve, Adam Hunger, Braelon Allen, Drake Maye, Maye –, Jacoby Brissett, Brissett, Maye Organizations: CNN, NFL, MetLife, New York Jet, New England Patriots, Patriots, Jets, AFC East Locations: New York, England
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