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☆ DOJ pushes for Google to break off Chrome browser after antitrust case
▼ + stars: | 2024-11-20 | by ( Jennifer Elias | ) www.cnbc.com time to read: +4 min

REUTERS/Ken CedenoThe Department of Justice is calling for Google to divest its Chrome browser, following a ruling in August that the company holds a monopoly in the search market. Chrome, which Google launched in 2008, provides the search giant with data it then uses for targeting ads. Additionally, the DOJ said that Google be prevented from entering into exclusionary agreements with third parties like Apple and Samsung. The DOJ also said that remedies should prevent Google from eliminating "emerging competitive threats through acquisitions, minority investments, or partnerships." In August, a federal judge ruled that Google holds a monopoly in the search market.

Persons: Jonathan Kanter, General Merrick Garland, Lisa O, Ken Cedeno, Sherman Organizations: Live Nation Entertainment, Monaco, Department of Justice, REUTERS, Department, Justice, Google, Chrome, DOJ, Apple, Samsung, Microsoft, Android Locations: Washington , U.S

The Many Links Between Project 2025 and Trump’s WorldFormer president Donald J. Trump has repeatedly claimed that he had nothing to do with Project 2025, the Heritage Foundation’s conservative policy initiative to reshape the federal government. But Project 2025 has numerous ties to Mr. Trump and his campaign, a New York Times analysis has found. L. ZorcJump to the full list of authors, editors and contributorsSpokespeople for Project 2025 have denied that they are advocates for any particular candidate, and Project 2025 has no official ties to the Trump campaign. To limit the appearance of connection, Mr. Trump’s transition team has been excluding prominent people linked to Project 2025 from its preparations. Project 2025 additionally calls for the dismantling of the federal Education Department, which Mr. Trump has also pledged to do.

Persons: Donald J, Trump, Kevin D, Roberts, Edwin J, Trump’s, Albrecht Mark Albrecht, Anderson J, Anderson Jeff Anderson, Anton Michael Anton, Antoni A, Arthur Andrew Arthur, Atkins Paul Atkins, Axelrod Julie Axelrod, Bacon James Bacon, Baehr James Baehr, Baker E, Erik Baptist, Bennett J, Berlau, Berman Russell Berman, Bhagat S, Billy Stephen Billy, Bishop Brad Bishop, Bixby J, Blackman J, Jim, Bovard, Bowman Matt Bowman, Bradbury Steven G, Bradbury, Brashers J, Bronitsky Jonathan Bronitsky, Brosnan Kyle Brosnan, Brown R, Burkett Robert Burkett, Burley Michael Burley, J, Butcher, Mark Buzby, Byfield, Byrd David Byrd, Campau Anthony Campau, Carroll O, Cass B, Cavanaugh Brian J, Cavanaugh, Chretien Spencer Chretien, Christensen V, Coates Victoria Coates, Ellie Cohanim, Cohen Ezra Cohen, Colby Elbridge Colby, Comstock Earl Comstock, Correnti Lisa Correnti, Crowley Monica Crowley, Cunliffe Laura Cunliffe, Sergio de la, Ruyter, Del, Dennis Irv Dennis, DeVore J, Dickerson, Ding Michael Ding, Dodson, Dave Dorey, Eden T, Edgar Troy Edgar, Edlow Joseph Edlow, Ehlinger Jen Ehlinger, Ehrett, Eichamer Kristen Eichamer, Eitel Robert S, Estrada, Farkish Thompson, Feere Jon Feere, Fisher Travis Fisher, Fishman George Fishman, Ford Leslie Ford, Friedman Aharon Friedman, Frohnen J, Frushone Joel Frushone, Fulton Finch Fulton, Gabel Caleigh Gabel, Gaiser Alexandra Gaiser, Garza P, Geller, Gillen J, Gilmore James S, Gilmore, Ginn Vance Ginn, Alma Golden, Gore, D, Greenberg Dan Greenberg, Greenway, Greszler, DJ Gribbin, Grisedale Garrison Grisedale, Grogan Joseph Grogan, Guernsey J, Gunter Jeffrey Gunter, Guy Joe Guy, Guzman Joseph Guzman, Hanania, Harlow David Harlow, Harvey Derek Harvey, Hayes, Edie Heipel, Hemenway Troup, Hoekstra Pete Hoekstra, Hoffman T, Homan Tom Homan, Horner Chris Horner, Howell Mike Howell, Huber Valerie Huber, Hughes Andrew Hughes, Humire, Iacovella, Israel K, Ivory R, Jankowski Roman Jankowski, Jay Carafano James Jay Carafano, Jones, Kao J, Kelson Jared M, Kelson, Kilmartin Ali Kilmartin, Kirchner Julie Kirchner, Kish, Klukowski Kenneth A, Adam Korzeniewski, Bethany Kozma, Kozma Matthew Kozma, Krein, Kurtz, LaCerte David LaCerte, Larkin P, Lawrence Paul Lawrence, Lawrence III James R, Lawrence III, Legates David Legates, Lewis B, Lieberman J, Ligon John Ligon, Lim Evelyn Lim, Lorraine Viña Morgan Lorraine Viña, Loyola Mario Loyola, G, Malcolm J, Masterman, Matthews Earl Matthews, Mauler, McCall, McCotter Trent McCotter, Meadowcroft Micah Meadowcroft, Meese, Melugin, Mermoud, Miller, Mitchell K, Kevin E, C, Morell Clare Morell, Morgan Mark Morgan, Morgen Hunter Morgen, Morrison J, Moy, Murray R, Nabil M, Nasi L, Niemeyer Lucian Niemeyer, Nazak, Milan Nikolich, Nuebel, Kathy Nuebel Kovarik, Orr, Owcharenko Schaefer Nina Owcharenko Schaefer, O’Brien, Michael, Pedersen Leah Pedersen, Pillsbury Michael Pillsbury, Pizzella Patrick Pizzella, Porter K, Kevin Preskenis, Pryor Pam Pryor, Pyle J, Ratcliffe John Ratcliffe, Ray Paul Ray, Reddan J, Richards J, Richardson Jordan Richardson, Richwine Jason Richwine, Ries Lora Ries, Rios, Mark Robeck, Rockas James Rockas, Royce R, Rubinstein Reed Rubinstein, Ruger, Ruse, Sadler J, Sanders, Carla Sands, Sauve, Schaefer, Schuck Matt Schuck, Schwab Justin Schwab, Schweppe, Scribner, Selnick Darin Selnick, Sewell K, Sgamma, Sharp J, Shelton Judy Shelton, Simington Nathan Simington, Smith Loren Smith, Smith J, Spencer A, Spero Adrienne Spero, Spoehr, Onge C, Stanley Chris Stanley, Stannard Paula M, Stannard, Steiger William Steiger, Stein, Stephany Saunders, Stewart Corey Stewart, Stull Mari Stull, Sullivan Katharine T, Sullivan, Swearingen, Sweeney R, Swope Robert Swope, Szabo Aaron Szabo, Katy Talento, Tata Tony Tata, Thurman Todd Thurman, Tolman K, Tonnessen Kayla M, Trotter, Troy C, Tufts Clayton Tufts, Valdez, Mark Vandroff, Vaughan J, Venable, Vollmer, Wallace DeWitt C, Wallace DeWitt, Walsh E, Walsh Erin Walsh, Ward, Waters, William Salter M, Williams Michael Williams, Wolff J, Wolfson Jonathan Wolfson, Alexei Woltornist, Wuco Frank Wuco, Ybarra J, Zadrozny John Zadrozny, ”, John McEntee, James Bacon, Reagan, Howard Lutnick, Joseph R, Biden Jr, Dennis Dean Kirk, Kirk, Mr, “, JD Vance, Roberts’s, Kevin Roberts, Rick Dearborn, Russell T, Evan Vucci, Paul Dans, Dans, Ken Cuccinelli, Christopher Miller, Chip Somodevilla, Samuel Corum, The New York Times Christopher Miller, Biden, Miller’s, Skinner, Gene Hamilton, Hamilton, ” President Biden, Ben Carson, Todd Heisler, Jonathan Berry, Carson, Stephen Moore, Peter Navarro, Navarro, Karen Kerrigan, Ken Cedeno, Edwin Feulner, Robert Bowes Organizations: Heritage, New York Times, Mr, Leadership, Trump, Ivory, Loyola, Poole, Royce, Tufts, Heritage Foundation, The New, The New York Times, Washington Post, Associated Press, White, White House, Republican, Management, Defense , Homeland Security, State, Homeland Security Department, Defense Department, Twitter, State Department, Justice Department, ”, federal Education Department, Urban Development Department, Republican National Convention, Center for American Progress, Small Business Administration, Small Business, Entrepreneurship Council, Federal Communications Commission, Federal Trade Commission Locations: Guernsey, The New York, Palm Beach, Fla, Southern

☆ The Panda Factories
▼ + stars: | 2024-10-15 | by ( Mara Hvistendahl | Joy Dong | ) www.nytimes.com time to read: +30 min

They show that, from the beginning, zoos saw panda cubs as a pathway to visitors, prestige and merchandise sales. Panda keepers with cubs at the Chengdu Research Base of Giant Panda Breeding, in China, in 2022. A Chinese giant panda at the Panda Park in Al Khor, in Qatar, in 2022. Smithsonian Institution Archives A panda wakes up from anesthesia in March 1999 during a seminal study by American and Chinese researchers into panda breeding. Smithsonian Institution Archives Giant panda Mei Xiang taken out of the China Conservation and Research Center for the Giant Panda in Wolong, Sichuan Province, in 2000, for shipment to the National Zoo in Washington.

Persons: Ariana Drehsler, Kati Loeffler, “, ’, Loeffler, Kimberly Terrell, ”, Terrell, Soraya, Xin Bao, zookeepers, Richard M, Nixon, Pat Nixon, Annalisa Meyer, Melissa Songer, Heather Bacon, Bacon, Don Kohlbauer, JoGayle Howard, Darting, Howard, Ping Ping, Thomas Hildebrandt, Dr, Hildebrandt, Lei Lei, Meyer, Lung Yuan Chih, Lung, James Ayala, . Hildebrandt, Ayala, interjected, Mei Xiang, Ken Cedeno, Tian Tian, Xiang, David Wildt, Mei, Mei Xiang vomited, Qi Ji, Agnes Bun, scrawled, Pierre Comizzoli, Mads Frost Bertelsen, Meng Lan, Su Weizhong Organizations: Zoo Washington, Factories, Chengdu Research Base, Archives San Diego Zoo, The New York Times Chengdu Research Base, China, National Zoo, New York Times, Smithsonian Institution, Times, Pandas, Agence France, Memphis Zoo, Tulane University, Smithsonian, San Diego Zoo, The New York, Smithsonian . Pandas, Zoo, Associated Press, University of Central, Bear Care Group, China Conservation and Research Center, San Diego Union Tribune, Feature, Future Publishing, Getty, U.S . Fish, Wildlife Service, ”, Leibniz Institute for Zoo, Wildlife Research, National Zoo Washington, Institution Archives Chengdu Research Base, Breed, The New York Times, Beijing Zoo, Tsinghua University, Animal Studies, Visitors, New York Times China Conservation and Research Center, Smithsonian National, Associated, Smithsonian’s, and Wildlife Service, National, Fujifilm, Smithsonian Institution Archives, Reuters, Smithsonian Channel, “, Copenhagen Zoo Locations: China, Chengdu, Sichuan, Archives San Diego Zoo California, Washington, Louisiana, Japan, San Diego, San Francisco, Indonesia, Qatar, Al Khor, University of Central Lancashire, England, U.S, San, Fuzhou, United States, Feature China, Sichuan Province, Beijing, Berlin ., Wolong, Taiwan, American, estrus, New York Times China, Europe, Washington ,, Washington , DC, Beijing Zoo Beijing

☆ DOJ indicates it’s considering Google breakup following monopoly ruling
▼ + stars: | 2024-10-08 | by ( Jennifer Elias | ) www.cnbc.com time to read: +3 min

REUTERS/Ken CedenoThe U.S. Department of Justice late Tuesday made recommendations for Google's search engine business practices, indicating that it was considering a possible breakup of the tech giant as an antitrust remedy. The DOJ also said it was "considering behavioral and structural remedies that would prevent Google from using products such as Chrome, Play, and Android to advantage Google search and Google search-related products and features — including emerging search access points and features, such as artificial intelligence — over rivals or new entrants." Kent Walker, Google's president of global affairs, said the company plans to appeal the ruling and highlighted the court's emphasis on the high quality of Google's search products, which the judge also noted in his ruling. In the second quarter, "Google Search & Other" accounted for $48.5 billion in revenue, or 57% of Alphabet's total revenue. The company holds 90% of search market share.

Persons: Jonathan Kanter, General Merrick Garland, Lisa O, Ken Cedeno, Sherman, Kent Walker, Judge Mehta Organizations: Live Nation Entertainment, Monaco, Department of Justice, REUTERS, U.S . Department of Justice, DOJ, Google, Apple, & $ Locations: Washington , U.S, U.S

☆ How Heat Affects the Brain
▼ + stars: | 2024-06-19 | by ( Dana G. Smith | ) www.nytimes.com time to read: +1 min

In July 2016, a heat wave hit Boston, with daytime temperatures averaging 92 degrees for five days in a row. Some local university students who were staying in town for the summer got lucky and were living in dorms with central air-conditioning. He had 44 students perform math and self-control tests five days before the temperature rose, every day during the heat wave, and two days after. “Many of us think that we are immune to heat,” said Dr. Cedeño, now an assistant professor of environmental and occupational health and justice at Rutgers University. “So something that I wanted to test was whether that was really true.”It turns out even young, healthy college students are affected by high temperatures.

Persons: Jose Guillermo Cedeño Laurent, ”, Cedeño Organizations: Rutgers University, A.C Locations: Harvard

☆ Why some scientists think extreme heat could be behind people disappearing in Greece
▼ + stars: | 2024-06-19 | by ( Laura Paddison | ) edition.cnn.com time to read: +7 min

The following day, the body of an American tourist was found on Mathraki, a small island west of Corfu. As climate change fuels longer and more severe heat waves, scientists are trying to unravel how our brains will cope. But as heat increases, it can have serious effects, including lowering the fluids in the body and decreasing blood flow to the brain, Bailey said. Extreme heat can disrupt typical brain activity, said Kim Meidenbauer, a neuroscientist at Washington State University. Someone who is very fit understands the dangers and carries plenty of water is still gambling if they decide to go on a hike in very high temperatures, Bailey said.

Persons: Michael Mosley, Albert Calibet, ” Petros Vassilakis, ”, Damian Bailey, Bailey, ” Bailey, Jeff Nerby, Mike De Sisti, Kim Meidenbauer, “ You’re, “, ” Meidenbauer, don’t, Jose Guillermo Cedeño Laurent, Ethan Hickman, Jeff Roberson, Stephanie Halasz, Issy Ronald Organizations: CNN, Reuters, University of South, It’s, Milwaukee Journal Sentinel, USA, Network, Washington State University, Rutgers School of Public Health Locations: Symi, Greece, Samos, American, Corfu, University of South Wales, Crete, Milwaukee , Wisconsin, Boston, Weldon Spring , Missouri

☆ TikTok aside, Congress has its eye on the U.S. money going into China
▼ + stars: | 2024-03-21 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

The House Select Committee on the CCP, established in January last year, led the legislative act to essentially ban TikTok in the U.S. if its Chinese parent ByteDance doesn't sell the popular social media app. watch nowThe House select committee in February also published a report alleging U.S. venture capital firms invested billions "into PRC companies fueling the CCP's military, surveillance state and Uyghur genocide." Similar research detailing the links between U.S. capital, venture firms in China and Chinese tech startups has started making its rounds in major media outlets since late 2023. The Senate in July overwhelmingly passed a bill that would have required U.S. investors in advanced Chinese technology to notify the Treasury Department. The Biden administration in August issued an executive order aimed at restricting U.S. investments into semiconductor, quantum computing and artificial intelligence companies citing national security concerns.

Persons: Ken Cedeno, that's, Mike Gallagher, Gallagher, Andrew King, King, Biden, Michael McCaul, Gregory W, Meeks Organizations: U.S, Capitol, Reuters, The U.S, Congress, Chinese Communist Party, CNBC, House Armed, Technologies, Innovation, Intelligence, CCP, Future, Ventures, Treasury Department, Treasury, Foreign, China's Ministry of Commerce, Financial Regulatory Administration Locations: Washington , U.S, Reuters BEIJING, The, China, United States, U.S, Beijing, San Francisco

☆ Republican Lawmakers Spar With University Presidents at Campus Antisemitism Hearing
▼ + stars: | 2023-12-05 | by ( Joseph De Avila | Melissa Korn | ) www.wsj.com time to read: 1 min

Harvard University President Claudine Gay speaking at the congressional hearing on Tuesday. Photo: ken cedeno/ReutersRepublican lawmakers chastised the presidents of three elite U.S. universities during a congressional hearing about efforts to curb rising antisemitism on their campuses. Claudine Gay of Harvard University, Liz Magill of the University of Pennsylvania and Sally Kornbluth of the Massachusetts Institute of Technology acknowledged Tuesday to lawmakers on the House Committee on Education and the Workforce that antisemitism was a growing problem at their schools.

Persons: Claudine Gay, Liz Magill, Sally Kornbluth Organizations: Harvard, Reuters, Harvard University, University of Pennsylvania, Massachusetts Institute of Technology, Education

Former U.S. Secretary of State Hillary Rodham Clinton delivers remarks during the unveiling of her portrait, at the State Department in Washington, U.S., September 26, 2023. REUTERS/Ken Cedeno/File Photo Acquire Licensing RightsDUBAI, Dec 3 (Reuters) - Former U.S. Secretary of State Hillary Clinton called on Sunday for reform of the insurance sector, where companies are increasingly withdrawing assistance against climate shocks. Lower-income countries and workers in nations most affected by climate change are struggling to access insurance to help protect them from economic shocks. "We need to rethink the insurance industry," Clinton said during a panel on women and climate resiliency. "People in the United States, Europe, they're going to wake up and say, 'What do you mean, I can't get insurance?'"

Persons: Hillary Rodham Clinton, Ken Cedeno, Hillary Clinton, Clinton, it's, Valerie Volcovici, Elizabeth Piper, Katy Daigle, Jan Harvey Organizations: U.S, State Department, REUTERS, Rights, Former U.S, Insurance, Foundation Resilience, Thomson Locations: Washington , U.S, Former, India, U.S, United States, Europe

☆ Biden to invoke Cold War-era law to boost medical supplies
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

U.S. President Joe Biden speaks at a dinner hosted by the Human Rights Campaign at the Washington Convention Center in Washington, U.S., October 14, 2023. REUTERS/Ken Cedeno/File Photo Acquire Licensing RightsWASHINGTON, Nov 27 (Reuters) - President Joe Biden will invoke a Cold War-era measure to boost investment in U.S. manufacturing of medicines and medical supplies that he has deemed important for national defense, the White House said. Biden will authorize the Department of Health and Human Services to use powers under the Cold War-era Defense Production Act to enable investments in "essential medicines," the White House said in a statement. The areas of investment also include "medical countermeasures," which include supplies that diagnose, prevent, or treat diseases related to chemical, biological, radiological, or nuclear attacks. He is holding his first meeting of a new White House Council on Supply Chain Resilience on Monday.

Persons: Joe Biden, Ken Cedeno, Biden, Lael Brainard, Jason Lange, Jeff Mason, Sonali Paul Organizations: Human, Washington Convention Center, REUTERS, Rights, of Health, Human Services, White, Democrat, White House Council, Economic Council, Thomson Locations: Washington , U.S, U.S

[1/2] U.S. President Joe Biden speaks at a dinner hosted by the Human Rights Campaign at the Washington Convention Center in Washington, U.S., October 14, 2023. That good-news approach is not working, some officials inside and outside the Biden campaign say. The latest Reuters/Ispsos poll showed Biden and Trump locked in a tight race, with Trump leading Biden 51% to 49% when respondents were asked to pick between the two. "I don't fault the (Biden) campaign at all, for not wanting to get into the mud, the blood and the beer. Because you want to seem presidential," Morgan said, referring to the time it has taken the Biden campaign to step up its attacks on Trump.

Persons: Joe Biden, Ken Cedeno, Donald Trump, Biden, Trump, Ron DeSantis, Donna Brazile, Julie Chavez Rodriguez, Joe Biden's, it's, Jason Miller, it's Joe Biden, John Morgan, Morgan, Nandita Bose, Trevor Hunnicutt, Heather Timmons, Kieran Murray, Deepa Babington Organizations: Human, Washington Convention Center, REUTERS, Rights, Republican, Trump, New York Times, Biden, White, Muslim, Democratic, Reuters, Thomson Locations: Washington , U.S, Nazi Germany, America, Siena, U.S, Gaza, Florida

☆ A record number of $50 bills were printed last year. It’s not why you think
▼ + stars: | 2023-11-18 | by ( Sergio Padilla | ) edition.cnn.com time to read: +5 min

New York CNN —Unless you’re an avid currency collector, an employee of the Bureau of Engraving and Printing, or work at the Federal Reserve, you likely didn’t know that last year a record number of $50 bills were printed. Last year, the government printed 756,096,000 of those bills — the highest total of the denomination printed in one year in more than 40 years. In 2019, only 3.5% of all US bills printed were $50s. To understand why so many $50 bills were printed, it’s important to know how the system of printing money works. But, more likely, and more realistically, people tend to avoid using $50 bills due to them being confused with $5 or $20 bills and many stores not accepting bills larger than $20.

Persons: Ken Cedeno, Ulysses S, Grant, wasn’t, Patrick McHenry, Ronald Reagan, Bugsy Siegel Organizations: New, New York CNN, Engraving, Federal Reserve, Yum Brands, Inc, Eccles Federal, Washington DC, Fed, San Francisco Fed, US, North Carolina Republican, Centers for Disease Control Locations: New York, Washington, North Carolina, Vegas, United States

View of the Cobre Panama mine, of Canadian First Quantum Minerals, in Donoso, Panama, December 6, 2022. Two Panamanian prosecutors have deemed the contract unconstitutional after examining legal challenges submitted to the court. First Quantum did not reply to a request for comment on the future of the contract pending court proceedings. Panama's mining chamber has urged against canceling the contract, saying First Quantum could sue Panama for at least $50 billion. Another lawyer said the court could also move to declare parts of the contract unconstitutional, which would not annul it completely.

Persons: Maritza Cedeno, Ariel Corbetti, Corbetti, Juan Carlos Arauz, Arauz, Victor Baker, Valentine Hilaire, Divya Rajagopal, Elida Moreno, Denny Thomas, Marguerita Choy Organizations: Minerals, REUTERS, Aris, Jiangxi Copper Co, Reuters, Panama, Thomson Locations: Panama, Donoso, Jiangxi, China

☆ Biden’s economic scorecard touts fragile advantage
▼ + stars: | 2023-11-09 | by ( Ben Winck | ) www.reuters.com time to read: +11 min

And if the political strategist James Carville was right that “it’s the economy, stupid,” the next several months could make or break Joe Biden’s economic record. As things stand, the current ruler of the free world touts a fragile advantage. Households’ disposable income after adjusting for inflation hit a record $20 trillion in the month that Biden’s measure was approved, according to the Bureau of Economic Analysis. STUDENT LOANSForgiving swaths of student debt was another of Biden’s campaign promises, but his efforts have so far failed. And with higher interest rates making debt service more expensive, Biden’s spending could come back to bite him on election day.

Persons: Joe Biden, Ken Cedeno, James Carville, Joe Biden’s, “, aren’t, Breakingviews, it’s, Biden, Donald Trump, Mitch McConnell, ”, Realtor.com, Congressional Republicans haven’t, haven’t, WALL, Lauren Silva Laughlin, Sharon Lam, Aditya Sriwatsav Organizations: Edmond's Catholic, REUTERS, Rights, Reuters, House, Republican, AMERICAN, ACT, Brookings Institution, Analysis, Walmart, Nordstrom, Deere, Caterpillar, Republicans, Commerce Department, Micron, Bank of America, Gallup, Federal Reserve, United Auto Workers, RSM, Congressional Republicans, Biden, Reuters Graphics Reuters, Conservative, Thomson Locations: St, Rehoboth Beach , Delaware, U.S, New York, Arizona, West Virginia

REUTERS/Ken Cedeno/Pool/File Photo Acquire Licensing RightsDUBLIN Nov 8 (Reuters) - A rise in geopolitical tensions across the world could aggravate already subdued growth in Europe and China and the spillover may alter the path of the U.S. economy, Federal Reserve Governor Lisa Cook said on Wednesday. "We are not only watching subdued growth, we're watching the geopolitical tensions that we're all talking about, and that could change the outlook both in the United States and the global economy." Cook added that geopolitical tensions may in particular destabilize commodity markets and access to credit in the current higher interest rate environment. "Any shock could make the situation worse that we're already (in)... and could be destabilizing to commodity markets, could be destabilizing to the system of credit," Cook said. "More broadly, escalation of geopolitical tensions could lead to lower economic activity and increased fragmentation of global trade flows and financial intermediation, raising financing and production costs and contributing to more sustained supply chain challenges and inflationary pressures," Cook said.

Persons: Lisa DeNell Cook, Ken Cedeno, Lisa Cook, Cook, We're, Padraic Halpin, Conor Humphries, Ann Saphir, Lindsay Dunsmuir, Leslie Adler, Mark Potter Organizations: Governors, Federal Reserve System, Banking, Housing, Urban, Capitol, Washington , D.C, REUTERS, DUBLIN, Federal, Central Bank of Ireland, Thomson Locations: Michigan, Washington ,, Europe, China, U.S, Dublin, United States, Ukraine, Russia, East, San Francisco

"But I would say that an expectation of higher near-term policy rates does not appear to be causing the increase in longer-term rates." The interest rate on the 10-year Treasury bond has risen roughly a percentage point since the summer, breaching the 5% level late last month before dropping in recent days to its current level around 4.64%. The Fed has not raised its policy rate since July. Cook did not comment on her specific view of the Fed's policy rate, focusing instead on an overview of financial stability issues. In her overview of financial stability, Cook said she felt that the banking system had weathered the stresses of last spring, and "remains sound and resilient overall."

Persons: Lisa DeNell Cook, Ken Cedeno, Lisa Cook, Cook, Jerome Powell, Howard Schneider, Paul Simao Organizations: Governors, Federal Reserve System, Banking, Housing, Urban, Capitol, Washington , D.C, REUTERS, Rights, Federal, Duke University, Thomson Locations: Michigan, Washington ,, U.S

☆ Fed's Cook says hopes current policy setting is adequate to settle inflation
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +1 min

Dr. Lisa DeNell Cook, of Michigan, nominated to be a Member of the Board of Governors of the Federal Reserve System, listens during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 3, 2022. REUTERS/Ken Cedeno/Pool/File photo Acquire Licensing RightsWASHINGTON, Nov 6 (Reuters) - Federal Reserve Gov. Lisa Cook said she hopes the central bank's current target interest rate is adequate to return inflation to the Fed's 2% target. "But we will continue to be vigilant," to ensure the inflation target is reached. Reporting by Howard SchneiderOur Standards: The Thomson Reuters Trust Principles.

Persons: Lisa DeNell Cook, Ken Cedeno, Lisa Cook, Cook, Howard Schneider Organizations: Governors, Federal Reserve, Banking, Housing, Urban, Capitol, Washington , D.C, REUTERS, Rights, Duke University, Thomson Locations: Michigan, Washington ,

☆ Poll makes better reading for Biden than China's Xi before expected summit
▼ + stars: | 2023-11-06 | by ( David Brunnstrom | ) www.reuters.com time to read: +3 min

"People in 23 countries tend to see U.S. President Joe Biden more positively than Chinese President Xi Jinping," it said in a report released on Monday. "A median of 54% have confidence in Biden to do the right thing regarding world affairs, compared with 19% who say the same of Xi." The countries surveyed were the United States, Argentina, Australia, Brazil, Britain, Canada, France, Germany, Greece, Hungary, India, Indonesia, Israel, Italy, Japan, Kenya, Mexico, the Netherlands, Nigeria, Poland, South Africa, South Korea, Spain and Sweden. "This year, overall views of the United States are much more positive than views of China in most places surveyed," it said. "On balance, views of the U.S. are much more positive than views of China," Pew said.

Persons: Joe Biden, Ken Cedeno, Xi Jinping, Biden, Pew, Xi, David Brunnstrom, Jonathan Oatis Organizations: Edmond's Catholic, REUTERS, Rights, Pew Research Center, U.S, APEC, Biden, Thomson Locations: St, Rehoboth Beach , Delaware, U.S, United States, China, Argentina, Australia, Brazil, Britain, Canada, France, Germany, Greece, Hungary, India, Indonesia, Israel, Italy, Japan, Kenya, Mexico, Netherlands, Nigeria, Poland, South Africa, South Korea, Spain, Sweden, North America, Europe, Asia, Africa, Latin America, San Francisco

☆ US to evict Gabon, Niger, Uganda and Central African Republic from trade program
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Ken Cedeno Acquire Licensing RightsWASHINGTON, Oct 30 (Reuters) - U.S. President Joe Biden said on Monday that he intends to end the participation of Gabon, Niger, Uganda and the Central African Republic in the African Growth and Opportunity Act (AGOA) trade program. Biden said he was taking the step because of "gross violations" of internationally recognized human rights by the Central African Republic and Uganda. He also cited Niger and Gabon's failure to establish or make continual progress toward the protection of political pluralism and the rule of law. "Despite intensive engagement between the United States and the Central African Republic, Gabon, Niger, and Uganda, these countries have failed to address United States concerns about their non-compliance with the AGOA eligibility criteria," Biden said in a letter to the speaker of the U.S. House of Representatives. Biden said he intends to terminate the designation of these countries as beneficiary sub-Saharan African countries under the AGOA, effective Jan. 1, 2024.

Persons: Janet Yellen, Joe Biden, Antony Blinken, Walter E, Ken Cedeno, Biden, Jasper Ward, Matthew Lewis Organizations: Africa, Food Security, Food Systems, Washington Convention Center, Washington , D.C, REUTERS, Rights, Central African, U.S . House, Representatives, Thomson Locations: Washington ,, Gabon, Niger, Uganda, Central African Republic, United States, U.S, Washington

☆ Dean Phillips, Democrat from Minnesota, challenges Biden in 2024 race
▼ + stars: | 2023-10-27 | by ( Jarrett Renshaw | ) www.reuters.com time to read: +4 min

Even so, Democrats are wary of any challenge to Biden that could dent the party's chances against likely Republican nominee Donald Trump. He's a friend, someone I deeply respect and admire, but I have a deep disagreement with him on this," Minnesota Democratic Party Chairman Ken Martin said. Top New Hampshire Democrats expect a write-in campaign to kick off on behalf of Biden. Opinion polls show Democrats and Democratic-leaning independents want someone other than Biden, 80, to be the party's nominee, citing concerns about his age. Phillips in August said while he was tired of Trump's fearmongering, he thought Biden should step aside.

Persons: Dean Phillips, Ken Cedeno, Joe Biden, We've, Phillips, Biden, Donald Trump, “ I've, He's, Ken Martin, Martin, Trump's fearmongering, NBC’s “, Jarrett Renshaw, Heather Timmons, Jonathan Oatis, Susan Heavey, Diane Craft Organizations: Washington , D.C, REUTERS, U.S, Dean Phillips of Minnesota, Democratic, New Hampshire's Statehouse, Biden, Republican, Minnesota Democratic, MAGA Republicans, New Hampshire Democratic Party, New, Democratic Party, New Hampshire Democrats, Press, ”, Thomson Locations: Washington ,, America, New Hampshire's, Concord, Nevada, Hampshire, South Carolina, United States, New Hampshire

☆ Bertie Bowman ran away from home at 13 to sweep the steps of Capitol Hill. He died at 92 as the the longest-serving African-American Congressional staffer.
▼ + stars: | 2023-10-25 | by ( Yoonji Han | ) www.businessinsider.com time to read: +6 min

Herbert "Bertie" Bowman was the longest-serving African-American staffer on Capitol Hill in US history. AdvertisementAdvertisementBertie Bowman, the longest-serving African-American staffer on Capitol Hill in history, died at 92 years old on Wednesday morning. Sen. John Kerry hugs Bowman after his confirmation hearing before the Senate Foreign Relations Committee for Secretary of State on January 24, 2013. AdvertisementAdvertisementBowman escorts Hillary Clinton at a hearing before the Senate Foreign Relations Committee on March 2, 2011. Bowman had continued to work in the Capitol until his death, becoming the longest-serving African-American congressional staffer in US history.

Persons: Herbert, Bertie, Bowman, —, Bertie Bowman, Andrew Desiderio, Sen, Ben Cardin, Burnet Maybank, Maybank, Chris Dodd, Tom Williams, I'd, talkshow, Tavis Smiley, Lyndon Johnson, Strom Thurmond, John Kerry, Ken Cedeno, Jesse Helms of, J, William Fulbright of, Bill Clinton, Elvis, Clinton, Chip Somodevilla, he'd, Hillary Clinton, Alex Wong, Helms Organizations: Capitol, Senate, Service, Punchbowl News, Foreign, Station, Senate Foreign, State, William Fulbright of Arkansas, US, Foreign Relations, Washingtonian, Military Force, Islamic Locations: Washington , DC, Ben Cardin of Maryland, Summerton, South Carolina, Washington ,, Washington, Jesse Helms of North Carolina, Vietnam, Islamic State

☆ Biden speech aims to sell US on funding Ukraine, Israel wars
▼ + stars: | 2023-10-19 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +4 min

The White House has said Biden would unveil his additional funding request this week. The administration is considering $60 billion for Ukraine and $10 billion for Israel, according to a source familiar with the matter. The package is also expected to include tens of billions in funding for priorities from Asia to U.S. border security. Republicans in the House are also divided over whether to back more aid, with some far-right conservatives particularly opposed to money for Ukraine. Biden returned overnight from his brief Israel trip aimed at offering U.S. support following the Oct. 7 Hamas attack on Israeli villages and military bases.

Persons: Joe Biden, Ken Cedeno, Biden, Jon, Conservative Jim Jordan, Donald Trump, Republican Patrick McHenry, Biden's, Mount, Trevor Hunnicutt, Susan Heavey, Doina, Idrees Ali, Mike Stone, Jason Lange, Chizu Nomiyama, Jonathan Oatis Organizations: Human, Washington Convention Center, REUTERS, Rights, U.S . House, West Bank, U.S, MSNBC, Senate, Conservative, Republican, Reuters, U.S ., U.S . Navy, Department of Defense, Thomson Locations: Washington , U.S, Israel, Ukraine, Gaza, U.S, Asia, Tel Aviv, McHenry, Washington, Jordan

U.S. President Joe Biden speaks at a dinner hosted by the Human Rights Campaign at the Washington Convention Center in Washington, U.S., October 14, 2023. Israel's request is not an indication that the Biden administration would request, or Congress would approve, that amount. We intend to get the package the end of this week," the Senate's majority leader, Democratic Senator Chuck Schumer, told his weekly press conference. The top Senate Republican, Senator Mitch McConnell, said he expected the request to include assistance for Israel, Ukraine and Taiwan, and said Republicans want it to include "something serious" for the border. Top Biden administration officials will hold a classified briefing on Wednesday for the Senate on the situation in Israel and Gaza.

Persons: Joe Biden, Ken Cedeno, Israel, Biden, Chuck Schumer, Mitch McConnell, Schumer, Bob Menendez, Menendez, Patricia Zengerle, Jonathan Oatis Organizations: Human, Washington Convention Center, REUTERS, Rights, U.S, Hamas, Democratic, Senate Republican, Biden, Senate, Thomson Locations: Washington , U.S, Israel, Ukraine, Taiwan, U.S, Iran, Gaza, Egypt

☆ Biden postpones Colorado trip to focus on national security, White House says
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: +1 min

U.S. President Joe Biden speaks at a dinner hosted by the Human Rights Campaign at the Washington Convention Center in Washington, U.S., October 14, 2023. REUTERS/Ken Cedeno/File Photo Acquire Licensing RightsWASHINGTON, Oct 16 (Reuters) - U.S. President Joe Biden postponed a trip to a wind tower plant in Colorado on Monday to stay at the White House for national security meetings, the White House said, as Biden considers making a trip to Israel amid its conflict with Hamas. U.S. and Israelis officials are discussing the possibility of a visit to Israel soon by Biden at the invitation of Israeli Prime Minister Benjamin Netanyahu, a source familiar with the matter said on Sunday. A visit by Biden to show support for the biggest U.S. ally in the Middle East would follow a similar visit by U.S. Secretary of State Antony Blinken, who is currently in the region. Reporting by Steve Holland; Writing by Doina Chiacu; Editing by Susan HeaveyOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, Ken Cedeno, Biden, Benjamin Netanyahu, Antony Blinken, Steve Holland, Doina Chiacu, Susan Heavey Organizations: Human, Washington Convention Center, REUTERS, Rights, White House, Hamas, U.S, Thomson Locations: Washington , U.S, Colorado, Israel, Gaza

☆ Biden takes jobs message to Republican hardliner Lauren Boebert's district
▼ + stars: | 2023-10-16 | by ( Nandita Bose | ) www.reuters.com time to read: +3 min

The trip is part of a nationwide tour by Biden and his top aides to promote his economic agenda, which the White House calls “Bidenomics”. In May, Biden made his case on the debt ceiling issue in a New York congressional district that Republicans won by a narrow margin. She was not invited to Biden’s event, the White House official said. Biden won the county by 1,520 votes in November 2020, after Trump had claimed victory by 390 votes in 2016. Biden won Colorado with over 55% of the vote in 2020 against Trump.

Persons: Joe Biden, Lauren Boebert, Donald Trump ., Ken Cedeno, Biden, Boebert, “ Bidenomics, Monday’s, Democratic president’s, Kamala Harris, Republican Majorie Taylor, Trump, America ”, ” Organizations: WASHINGTON, Colorado Congressional, Republican, Donald Trump . U.S, Human, Washington Convention Center, REUTERS, White House, Democratic, Republicans, Biden, U.S, Capitol, Democrat, Colorado, Trump, “, America Locations: Colorado, Washington , U.S, Pueblo , Colorado, New York, Republican Majorie Taylor Greene’s, Georgia, Pueblo County, Denver, Boebert’s

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