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Donald Trump's attorneys are demanding the judge who presided over his New York hush money trial and conviction immediately throw out the case, saying it would be "uniquely destabilizing to the country" otherwise. The letter also cited presidential immunity as a reason to dismiss the case, and maintained Trump is already protected by it. "Just as a sitting President is completely immune from any criminal process, so too is President Trump as President-elect," the letter said. The attorneys have argued he can't be sentenced while in office because it would interfere with his constitutional duties. Trump was convicted earlier this year on 34 counts of falsifying business records related to a hush money payment made to adult film actor Stormy Daniels.
Persons: Donald, Trump’s, Todd Blanche, Emil Bove, Judge Juan Merchan, , Trump, Stormy Daniels, Alvin Bragg's Organizations: Trump, Justice Department's Locations: York, Manhattan
"For decades, communities in Kansas City, Kansas — particularly minority and immigrant communities — have been subjected to an alarming pattern of abuse and other serious misconduct by the KCKPD," according to the suit, which was first obtained by NBC News. The complaint against the Kansas City Police Department and the Unified Government of Wyandotte County/Kansas City, Kansas, alleges they have "stonewalled" the plaintiffs for almost a year. Kansas City police and the Unified Government of Wyandotte County/Kansas City, Kansas, didn't immediately respond to a request for comment about the lawsuit. The state's public records law does maintain that certain documents are exempt from public review, including personnel information of public employees and criminal investigation records. Meanwhile, attention on Kansas City, Kansas, police is expected to return next month, when Golubski's trial is scheduled to begin.
Persons: Jay Z's, Roc, Roger Golubski, Dania Diaz, didn't, Max Kautsch, There's, Kautsch, Team Roc, Alex Spiro, Trump, Justice Department's, Golubski, Kansas City police didn't, Karl Oakman, Diaz, hasn't Organizations: Nation, Court, Innocence, Kansas City Police Department, Roc Nation, NBC News, Unified Government, Kansas, Records, Kansas City, Team, Kansas City police, FBI, Washington Post, Justice Department, Kansas City Star, Justice, Kansas City Police Locations: Kansas City , Kansas, Wyandotte County, Wyandotte County / Kansas City , Kansas, redactions, Lawrence , Kansas, Kansas, Kansas City, Kansas City , Missouri
Trump taps Brendan Carr to chair Federal Communications Commission
  + stars: | 2024-11-18 | by ( ) www.cnbc.com   time to read: +1 min
Brendan Carr speaks during a House Committee on Energy and Commerce Subcommittee on Communications and Technology Hearing titled Connecting America. President-elect Donald Trump will tap Brendan Carr, a critic of the Biden administration's telecom policies and Big Tech, as chairman of the Federal Communications Commission, he said in a statement on Sunday. Carr, 45, is currently the top Republican on the FCC, the independent agency that regulates telecommunications. Last week, Carr wrote to Meta's Facebook, Alphabet's Google , Apple and Microsoft saying they had taken steps to censor Americans. Trump also sued CBS over its "60 Minutes" interview with Vice President Kamala Harris.
Persons: Brendan Carr, Donald Trump, Carr, Joe Biden's, Disney's, Trump, Kamala Harris Organizations: Energy, Communications, Technology, Biden, Big Tech, Federal Communications Commission, Republican, FCC, Elon, SpaceX, Commerce Department's, Facebook, Google, Apple, Microsoft, Sunday, Disney's ABC, NBC, Paramount, CBS
President-elect Donald Trump has tapped Elon Musk to help spearhead cuts to government spending, and the defense sector could be a prime target. But Musk's past comments hint at one area he could target: defense contracts. Musk built SpaceX's business model around fixed-price contracts. Musk's new initiative could recommend exactly this: a move away from cost-plus contracts toward fixed-price contracts. An aerial view of the Pentagon AP Photo/Patrick Semansky, FileMusk's new initiative may target other areas of Pentagon spending, as well.
Persons: Donald Trump, Elon, Elon Musk, It's, Trump, Musk, Julia Demaree Nikhinson, Clayton Swope, Walter Isaacson's, Swope, John Raoux Overspending, Gerald R, Mike Gallagher, Gallagher, Ford, Steve Helber, Bryan McGrath, Todd Harrison, , Harrison, Michael Bohnert, they've, Archer Macy, Patrick Semansky, John Harvey Jr, Mississippi Sen, Roger Wicker Organizations: Defense, Pentagon, Department of Government, SpaceX, NASA, AP, Center for Strategic, International Studies, Services, International Space, Kennedy Space Center, Littoral, Ford, DoD, Republican, Palantir Technologies, Newport News Shipbuilding, American Enterprise Institute, Shipbuilding, BAE Systems, RAND Corporation, CSIS, US Air Force, Navy, Senate Armed Services Committee Locations: Pennsylvania, Columbia, China, Wisconsin, Virginia, Mississippi
Of those, 485 UAP reports occurred within that reporting period, and another 272 occurred between 2021 and 2022 but hadn't been included in previous annual UAP reports. Overall, the AARO has received 1,652 UAP reports total as of Oct. 24, 2024. “It is important to underscore that, to date, AARO has discovered no evidence of extraterrestrial beings, activity or technology,” the report said. Of the UAP reports, 81 originated from U.S. military operating areas. Of the new reports, 392 were from the Federal Aviation Administration and make up all of the FAA’s UAP reports since 2021.
Persons: UAPs, hadn't, , AARO, Jon Kosloski, ” Kosloski, ” Luis Elizondo, ” Elizondo, Robert Garcia, Garcia, Tim Gallaudet, , Jon T, Kosloski, it’ll, “ AARO Organizations: Pentagon, Defense, Defense Department, National Intelligence, UAP, U.S . Navy, Ocean, Consulting, Federal Aviation Administration Locations: Congress, U.S, Cape Canaveral , Florida
DOGE hasn't answered questions about pay, or whether you need an X account to apply. AdvertisementMusk didn't respond to an email from BI, and the DOGE account didn't respond to a direct message. Representatives for Vivek Ramaswamy, who incoming President Trump tapped to co-lead DOGE alongside Musk, also didn't respond to a request for comment. DOGE's post on X asks prospective applicants to send their resumes via direct message to its X account. Still, a job seeker would need to have an X account — even if just a free one — to send a direct message to DOGE.
Persons: Musk, hasn't, Elon Musk, , didn't, Brian Hughes, Trump, Vivek Ramaswamy Organizations: Elon Musk's Department, Government, Department of Government, Trump, — Department, DMs, BI
According to the federal indictment, Alcala would take women's phones during traffic stops in order to confirm their insurance coverage or vehicle registration. But Alcala searched their phones for nude images and took photos on his own personal phone, the indictment said. In one case, Alcala allegedly texted himself a video and deleted evidence of the text. The Missouri Department of Public Safety told NBC News that records show McKnight surrendered his state peace officer license, "which means he can never work as a Missouri law enforcement officer again." Ashley Johnson, special-agent-in-charge of the FBI St. Louis Division, told people not to hesitate to report uncomfortable encounters with officers.
Persons: Julian Alcala, Alcala, texted, Jane Doe, He's, Bevis Schock, Schock, David McKnight, McKnight, Ashley Johnson, Louis Division, Johnson Organizations: U.S, Attorney, Eastern, of Missouri, U.S . Constitution, Florissant Police, NBC News, FBI, Alcala, Wednesday, Patrol, Attorney's, Missouri, Highway Patrol, The Missouri Department of Public Safety, Louis Locations: Missouri, Florissant, U.S .
"OMG," a current senior Justice Department official said. Another Justice Department employee said, "I’m struggling to find words." "And look, he is uniquely qualified," that Justice Department official said, snarkily. A current senior Justice Department official "did not see this coming," while another called it "absolutely unbelievable." A former senior Justice Department official, meanwhile, said in a text message Gaetz's selection "cannot be real."
Persons: Donald Trump's, Matt Gaetz —, ” Gaetz, , Gaetz, I’m, Kevin Dietsch, Ray Epps, Brandon Straka, , Trump, Matt, ” Said Organizations: WASHINGTON, Justice Department, Trump, FBI, Department, Justice, U.S . Capitol, Republican National Committee, Democratic National Committee, Senate, Department of Justice Locations: Florida, United States, Pennsylvania
The first Proud Boys leaders to seek Capitol riot pardons are instead asking Trump directly. Meanwhile, the Proud Boys want out now, and presidents have the Constitutional power to grant immediate pardons, Biggs attorney Norm Pattis said in a 10-page letter sent to Trump on Wednesday. Two years ago, Biggs and his Proud Boys codefendants had struck a different tone regarding Trump, arguing at trial that he incited the Capitol riot and that the Proud Boys were only following his orders. Advertisement"Mr. President, you are no stranger to prosecutions warped by partisan vendetta," the Biggs pardon letter says. Former Proud Boys chairman Enrique Tarrio will also "explore every possible avenue" toward early release, his lawyer, Nayib Hassan, said in a press statement last week.
Persons: Trump, , Donald Trump, Joseph Biggs, Matt Gaetz, Tarrio, Gaetz, pic.twitter.com, gGPeTLtWmv, Biggs, Norm Pattis, Pattis, codefendants, Enrique Tarrio, Nayib Hassan, Zachary Rehl, Dominic Pezzola, Prosecutors, Pezzola, Mike Pence Organizations: Boys, Service, Department of Justice, Justice Department, Proud, Manhattan, Trump, Justice, DOJ, Capitol, Proud Boys, Tarrio, Rehl, Capitol Police Locations: Trump, Florida, Afghanistan, Iraq, Washington ,, Philadelphia, Rochester , New York
AdvertisementElon Musk wants you to help root out government waste — but only if you're really smart and willing to work 80 hours a week. Musk, who's standing up the Department of Government Efficiency — or DOGE, named after a cryptocurrency he's linked to — is looking for the top 1% of people interested in joining. We need super high-IQ small-government revolutionaries willing to work 80+ hours per week on unglamorous cost-cutting. We need super high-IQ small-government revolutionaries willing to work 80+ hours per week on unglamorous cost-cutting. Since his early days at Tesla, Musk has pushed the company's staff to work "super hardcore" — a management style he mirrored at Twitter, now X, after taking over the platform in 2022.
Persons: it'll, Musk, , Elon Musk, Vivek, Vivek Ramaswamy, Trump, Ramaswamy, Volodymyr Zelenskyy, Recep Tayyip Erdoğan, Vance, Brian Hughes Organizations: Elon Musk's Department, Government, Service, Department of Government, Elon, — Department, Trump, Twitter Locations: Turkish
Trump tapped Elon Musk and Vivek Ramaswamy to co-lead a "Department of Government Efficiency." The US spent $6.75 trillion in fiscal year 2024, with Social Security and health topping the list. The highest amounts of spending came from the Department of Health and Human Services, the Social Security Administration, and the Treasury Department. Over the past year, Social Security accounted for $1.46 trillion of the spending, health accounted for $912 billion, and Medicare came in at $874 billion. Social Security and Medicare are forms of mandatory spending that do not require annual congressional approval and would require legislation to change.
Persons: Trump, Elon Musk, Vivek Ramaswamy, , Donald Trump, Musk, Ramaswamy, Karoline Leavitt, Vance Organizations: Department of Government, US, Social Security, Service, GOP, Trump, Treasury Department, Department of Health, Human Services, Social Security Administration, Social, White, Management, Budget, Education Department, IRS, FBI Locations: Trump, Government
Special counsel Jack Smith speaks to members of the media at the US Department of Justice building in Washington, DC, on August 1, 2023. WASHINGTON — Special counsel Jack Smith and his team plan to resign before President-elect Donald Trump takes office, a source familiar with the matter said. The special counsel's office is required under Justice Department regulations to provide a confidential report to Attorney General Merrick Garland, who can choose to make it public. Before Trump's re-election last week, Smith and his team had continued moving forward in their election interference case against Trump. The Justice Department indicted Trump last year for his efforts to overturn the 2020 presidential election.
Persons: Jack Smith, WASHINGTON —, Donald Trump, Smith, General Merrick Garland, Trump, Trump's, Smith's, There's Organizations: US Department of Justice, WASHINGTON, Trump, New York Times, Justice, Supreme, Justice Department Locations: Washington ,, Florida, Washington
A "Wheel of Fortune" contestant has gone viral for his hilariously wrong answer on the Nov. 11 episode of the show. With only a few tiles missing, the board read "___E _OURSE_F A ROUN_ OF A___AUSE," before contestant Will Jordan gave his answer. "Treat yourself a round of sausage," he guessed — which, clearly, was wrong for a number of reasons. A clip now viewed over a half a million times on X shows Jordan's comical "missolve." Following the silly sausage solve, the game show's social correspondent and daughter of former host Pat Sajek, Maggie Sajek, got Jordan's thoughts on his "missolve" moment.
Persons: Will Jordan, Kitina, Ryan Seacrest, Pat Sajek, Maggie Sajek, Vanna White, Jordan, Sajak, Seacrest, Will, Jordon Organizations: Coast Guard, Rocky Hill Police Department, Rocky, Services Food Bank Locations: Connecticut
While HR departments can be helpful, they can't fix your problems unless you help yourself first. Related VideoAlthough HR can help with a lot, they can't fix every problem you may have as an employee. HR can't make decisions aloneEvery HR department is run differently, so while HR tasks may vary, HR isn't typically a decision-making entity but more of a recommending entity. HR can't advocate for you without youPeople often assume that their boss or HR will come to them with promotions or opportunities, but HR can't just get you a job or a promotion — you have to advocate for it. HR can't do everything for you, but they can help you to the greatest of their ability if you do your part, too.
Persons: Amy Lentz, doesn't, , I've, they're, you've, haven't, there's, it's Organizations: Toms, Service, HR Locations: Los Angeles
Editor's note: Business Insider's reporters and editors nominated leaders based on insights from past Climate Action honorees, expert sources, and reader submissions. Courtesy of Jayson RicamaraSaudi Arabia, with its hot desert climate and little fresh water, is one of the most difficult farming environments. AdvertisementIyris in October also launched a sustainable-farming pilot in Saudi Arabia with chemical and plastic manufacturers as well as companies including Red Sea Global, a luxury tourism developer. A UN climate panel estimated that harnessing wave energy could supply 20% more electricity than the world produced in 2022. The US is trying to shore up its own mining and manufacturing base to curb China's power, including in battery recycling.
Persons: Derya Baran, Iyris Derya Baran, Jayson Ricamara, Baran, SecondSky, who's, Inna Braverman, Braverman, David Leb, Charles Callaway, Environmental Justice Charles Callaway ., Callaway, Clara, Gretchen Cara Daily, Stanford University Gretchen Cara Daily, Daily, NatCap, Juan Carlos Navarro, Panama Juan Carlos Navarro, Panama Navarro, José Raúl, Haiti —, Navarro, del, Reinhold Gallmetzer, Reinhold, Gallmetzer, Brazil's JBS, packer, Diane Gilpin, Smart Green Shipping Diane Gilpin, Gilpin, Drax, Roberta Tuurraq Glenn, Borade, Savok Glenn, Glenn, Cynthia Houniuhi, Houniuhi, it's, Arvind Kumar, Prasad, Rice, Kumar, Ari Matusiak, Gazur, Matusiak, , Duncan McIntyre, McIntyre, Altenex, Ozane, Biden, It's, Delta, Liz Ricketts, Charlie Engman Ricketts, Ricketts, Ricketts didn't, Chao Yan, Princeton NuEnergy Chao Yan, Yan Organizations: Iyris, United Arab, King Abdullah University of Science, Technology, Red, Eco, UN, Eco Wave Power, Shell, Environmental Justice, Proctor Academy For Callaway, Metropolitan Transportation Authority, Green Institute, Callaway, Natural, Stanford University, Stanford, Facility, Ministry, Environment, Panama's, UNESCO, US State Department, National Association for, Nature, Center, for, Carrefour, Nestlé, Smart Green Shipping, Scottish Enterprise, International Windship Association, Maritime Organization, Union, Alaska Arctic Observatory, National Weather Service, AAOKH, University of Alaska, Pacific Islands, University of, International Court of Justice, United Nations, Prasad Seeds, Labor, Prasad, International Rice Research Institute, Rewiring, Reduction, Communities, Highland Electric, Schools, Highland, Beverly Public Schools, Fortune, Edison International, Louisiana, US Department of Energy, Ozane, White, LNG, Vessel Project, Biden, Department of Energy, Kantamanto, London . Brands, McKinsey, Princeton, New Jersey Institute of Technology, Princeton University, Princeton NuEnergy, Energy, Laboratory, EV Locations: Jayson Ricamara Saudi Arabia, Saudi Arabia, United Arab Emirates, Egypt, Spain, Ukraine, Cherkassy, Israel, Gibraltar, Port of Los Angeles, Porto, Portugal, West Harlem, New York City, Clara Hale, Costa Rica, Belize, China, NatCap, Stanford, Panama, Colombia, Venezuela, Haiti, Panama City, Brazil, Peru, Brazilian, , Norway's, Barrow, Furness, Alaska, University of Alaska Fairbanks, Utqiaġvik, Fanalei, Solomon Islands, Fiji, Vanuatu, Tonga, Asia, Saharan Africa, India, Philippines, Nepal, Bangladesh, Africa, Hyderabad, South, Southeastern Asia, Subhanpur, Rewiring America, Massachusetts —, Sulphur , Louisiana, Calcasieu, Vessel Project Louisiana, Accra, Ghana, New York, London, Kantamanto, Taiyuan, China's Shanxi, Argonne, South Carolina
Iran has developed fentanyl-based chemical weapons
  + stars: | 2024-11-10 | by ( ) www.businessinsider.com   time to read: +7 min
These chemical weapons affect a victim's central nervous system. AdvertisementIran has developed chemical weapons based on synthetic opioids such as fentanyl, warns a US expert, powerful agents that could incapacitate soldiers or civilians when added to grenades or artillery. (The US, in contrast, completed the destruction of its chemical weapons in 2023.) Nonetheless, chemical weapons do have a frightening aura, even if fentanyl gas is nowhere near as deadly as nerve gas. "I think that many, many people would see it that way because you're talking about chemical weapons," Levitt said.
Persons: , Iran's, Matthew Levitt, Levitt, they've, Iran —, Hossein University, Israel, Michael Peck Organizations: Service, Pharmaceutical, PBA, Combatting Terrorism, The U.S, Government, Washington Institute, Convention, Iran's Chemistry Department, IHU, Department, State Department, Commandos, CTC, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Iran, West, The, Iraq, Israel, Syrian, , Iranian, Moscow, Vietnam, Tehran, Galilee, Lebanon, Forbes
Prosecutors are instructed to argue that there is a societal interest in the quick administration of justice and these cases should be handled in the normal order. As for new arrests, the law enforcement official said, prosecutors will "focus on the most egregious conduct and cases until the end of the administration." "Just over 1 per day," one of the online "sedition hunters" who has dedicated hours of their life to finding the Trump supporters who brutally assaulted law enforcement officers that day, told NBC News. Existing cases against Jan. 6 defendants are expected to continue with additional trials, sentencing hearings and plea agreement hearings scheduled to take place next week. The prospect of presidential pardons for people who assaulted law enforcement is "pretty demoralizing," the former assistant U.S. attorney said.
Persons: WASHINGTON, , Donald Trump, Trump, , Jan, sleuths, Michael Fanone, Daniel Hodges, Hodges, Aquilino, Kamala Harris, Gonell Organizations: The Justice Department, NBC News, U.S . Capitol, Justice Department’s Capitol, Prosecutors, Capitol, Trump, NBC, FBI, Justice Department's Capitol, Section, Former Capitol Police, Dominican Republican Locations: America
Jeff Bezos congratulated Donald Trump on winning the presidential election. Here's a history of Bezos and Trump's relationship. Following Trump's election that year, Bezos was one of several tech leaders who met with the president-elect in a summit Bezos later described as "very productive." Trump and AmazonWhile campaigning for the 2016 presidential election, Trump said Amazon would have "such problems" if he became president . In 2019, Trump bashed Bezos and the Post as he appeared to talk about Bezos' divorce from MacKenzie Scott.
Persons: Jeff Bezos, Donald Trump, They've, Here's, , Bezos, Hillary Clinton, Trump, The Washington Post Trump, MacKenzie Scott, Jeff Bozo, Kamala Harris Organizations: Service, Trump, Amazon, United States Post Office, Post, Department, Microsoft, Amazon Web, DoD, AWS, Cloud Service, The Washington Post, Washington Post, Amazon Washington Locations: America, U.S
Trump is also wary of special elections to replace sitting lawmakers, especially in the Senate. has conveyed that he is not interested in entering the Trump administration, according to three sources familiar with the decision. Sessions, an adviser to Trump in 2016, was one of his earliest supporters when Trump elevated him from the Senate to run his Justice Department. The special election to replace him also turned into a centerpiece of Democratic organizing against Trump. Though the GOP won the special election narrowly, Republicans lost Price's congressional seat in the midterms and then watched Georgia turn blue in 2020.
Persons: Donald Trump, Trump, Steven Mnuchin, Ben Carson, Jeff Sessions, recusing, Tom Price, Ryan Zinke of, Roy Moore, Moore, Sen, Eric Schmitt, Marco Rubio, Tom Cotton, Mike Waltz, Mike Pompeo, Trump’s, Cotton, Bill Clark, Donald Trump Jr, , Rubio, , I’m, ” Rubio, Pompeo, Sessions, Price, Zinke, Rick Scott's Organizations: White, Treasury Department, of Housing, Urban, Republican, Trump, CIA, Getty, Trump Jr, coy, NBC’s, Senate, Congress, Justice Department, GOP, Republicans, Interior Department Locations: Alabama, Ryan Zinke of Montana, United States, Georgia
A judge on Friday paused proceedings in the criminal election interference case against President-elect Donald Trump, a move that reflects the expected end of the prosecution. Trump's win against Vice President Kamala Harris earlier this week was considered a death knell for Smith's prosecutions of him. On Wednesday, NBC News reported that DOJ officials have been evaluating how to wind down the election case and another criminal case against Trump before he is sworn in as president. Trump has said he plans to fire Smith, and is expected to force the DOJ to end the prosecutions. And DOJ policy bars the department from prosecuting a president while in office due to the department's position in the executive branch of government.
Persons: Jack Smith, Donald Trump, Smith, Trump, Tanya Chutkan, Chutkan, Kamala Harris Organizations: Department of Justice, NBC News, DOJ, Trump Locations: Washington , U.S, Washington ,
Being elected president will likely result in the federal criminal cases against him being dismissed, while his state criminal cases could at the least be frozen until after he leaves office. Trump’s legal team, meanwhile, is evaluating its next steps for how to get all four criminal cases resolved, and plan to argue soon that all of the cases “must stop immediately,” according to a source directly involved in the discussions. Here's a look at where the various legal cases against Trump stand — and how they could be affected by his victory. They argue that some of the evidence presented to the grand jury and at the criminal trial should not have been allowed in the wake of the high court's ruling. Trump's victory likely won't impact his pending appeals of the civil judgments against him that total more than $550 million.
Persons: Donald Trump's, can’t, Trump, Steven Cheung, Stormy Daniels, Juan Merchan, he's, It's, Merchan, Fani Willis, Willis, Trump wouldn't, Donald Trump, Susan Necheles, Win McNamee, Jack Smith —, Aileen Cannon, Danny Cevallos, Tanya Chutkan, Smith, Cevallos, shouldn’t, Letitia James, James, We've, we've, Jean Carroll Organizations: Justice Department, Trump, NBC News, Fulton, New, Getty Images, The, Department, NBC, U.S . Capitol, New York, Division Locations: New York, Georgia, Fulton County, Manhattan, U.S
Donald Trump said he'd pardon January 6 rioters if he won the presidential election. Carnell is one of those arrested in the aftermath of the Capitol riot who is now hoping Trump will follow through on a promise of a pardon. Advertisement"President-elect Trump made multiple clemency promises to the January 6 defendants, particularly to those who were nonviolent participants," the filing said. Related storiesThroughout his campaign, Trump described imprisoned January 6 defendants as "political prisoners" who were "ushered in" to the federal building by Capitol Police. "In the beginning, if he does something like that to a couple of defendants, yeah, you'll see a trend," Shapiro said.
Persons: Donald Trump, he's, , Christopher Carnell, Carnell, Trump, Jaimee Avery, Avery, Mike Pence, Nadia Shihata, Kelly, Shihata, David Shapiro, John Jay, Shapiro Organizations: Service, Capitol, Justice Department, Capitol Police, National Association of Black Journalists, John, John Jay College of Criminal Locations: New York
Neither former President Trump nor VP Kamala Harris would be able to act on them imminently. Despite its inability to provide broad cancellation, Biden's Education Department has issued targeted relief that has given nearly 5 million borrowers debt cancellation to date. Constance, 65, has nearly $200,000 in student debt, an amount that's ballooned since she graduated from law school in 1994. "I would expect continued improvements and limited expansions of debt relief where legally possible under a Harris-Walz administration," Partridge said. Regardless of who wins the election, legal challenges to debt relief will keep borrowers in limbo.
Persons: Joe Biden's, Trump, Kamala Harris, Harris, , Donald Trump, Education James Kvaal, That's, it's, NORC, Biden, Constance, Constance —, It's, Sara Partridge, " Partridge, Kvaal, Partridge, Walz, Sen, Bill Cassidy Organizations: Service, GOP, Education Department, Biden's Education, Education, AP, Biden's Education Department, Public, American Progress Action, Trump, Republican, Senate
While the cumulative effect of inflation has had a pronounced influence on the U.S. economy, the view in relative terms is getting progressively better. Judging by the personal consumption expenditures price index, inflation was expected to run at just a 0.2% rate in September and 2.1% from a year ago, according to Dow Jones estimates. "Another strong quarter of GDP growth and close-to-target quarterly inflation reading will be welcomed by the Fed stuck between balancing the risks of inflation and the labor market," Citigroup economist Alice Zheng said in a note Wednesday. Within the GDP report, the PCE rate for the quarter was just 1.5%, suggesting that the battle has been won. While the market is still betting heavily on more rate cuts this year, the Fed likely will be cautious.
Persons: Dow Jones, Alice Zheng, Shruti Mishra Organizations: Commerce Department, Labor, Citigroup, Bank of America Locations: U.S
The Street is looking for Stanley Black & Decker sales of $3.8 billion in the third quarter and earnings per share (EPS) of $1.05. The Street is looking for Linde sales of $8.35 billion in the third quarter and EPS of $3.89. In addition to the headline results and forward guidance, overall organic sales growth and data center energy power demand will be focus items for investors. The Street is looking for sales of $94.47 billion in its fiscal fourth quarter and EPS of $1.55. The Street is looking for Coterra sales of $1.3 billion in the third quarter and EPS of 34 cents.
Persons: That's, It's, Stanley Black, Decker, we're, We're, Eli Lilly, Lilly, Amy Hood's, Brian Niccol, Wednesday's, Linde, it's, we'll, Phillips, Horton, Kraft Heinz, SIRI, Estee Lauder, BUD, Cardinal Health, Jim Cramer's, Jim Cramer, Jim, Stephanie Keith Organizations: Nasdaq, Dow, Fed, PCE, YouTube, Justice, AMD, GE Healthcare, Reality Labs, Microsoft, Management, Starbucks, U.S, Presidential, Linde, Apple Intelligence, Amazon, Services, Coterra Energy, WM, Cadence Design Systems, Labor, PayPal, BP, Pfizer, Royal Caribbean Cruises, JetBlue, HSBC, Devices, Grill, Electronic Arts, EA, Gross, Caterpillar, Brinker International, AFortive Corporation, Illinois Tool, Coinbase, eBay, EBAY, Booking Holdings, MGM Resorts, MGM, Bausch Health, LIN, Merck, ConocoPhillips, Mastercard, Altria, Cruise, Myers Squibb, Comcast, Mobileye, Cheniere Energy, Regeneron Pharmaceuticals, Anheuser, Busch InBev, Intel, United States Steel, Juniper Networks, Chevron, Exxon Mobil, Dominion Energy, Charter Communications, LyondellBasell Industries, Cardinal, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Eaton, Corning, Illinois, Bristol, New York City
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