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On Monday night, Sanders placed himself among those critics as he made an impassioned case for Harris in a video posted to social media. “I understand that there are millions of Americans who disagree with President Biden and Vice President Kamala Harris on the terrible war in Gaza. “Some of you are saying, how can I vote for Kamala Harris if she is supporting this terrible war? Making his case for Harris, Sanders argued – in short – that she can be convinced. “It was not a question of speeches, getting up there, disagreeing with Kamala Harris on the issues.
Persons: Sen, Bernie Sanders, Donald Trump, Kamala Harris, Joe Biden’s, Benjamin Netanyahu’s, Sanders, Harris, Biden, “ Israel, ” Sanders, Netanyahu, Wa’el Alzayat, , , Kamala, ” Sanders beseeched, “ Donald Trump, “ Trump, Hugh Hewitt, Trump, ” Trump Organizations: CNN, Democratic, Capitol, Biden, West Bank, Trump Locations: Gaza, Israel, Vermont, Selma , Alabama, Flint , Michigan, Madison, America
WASHINGTON — Republican Presidential candidate Donald Trump on Friday called the judge overseeing the Jan. 6-related federal criminal case against him "the most evil person," despite threats U.S. District Judge Tanya Chutkan has already faced from his supporters. They do show that Smith’s team is relying upon transcripts of interviews and other information disclosed by the House Jan. 6 Committee, which dissolved after Democrats lost the House in 2022. Chutkan began overseeing the Trump case following his first federal indictment in the Jan. 6-related case in August 2023 and made clear from the beginning that Trump's 2024 presidential candidacy would have no impact on her handling of the case. You know, judge is supposed to keep— what judge would say ‘We’re going to release something, you know, a couple of days before.'" One key to Smith's case is his contention that Trump knew the lies he spread to his followers about the 2020 election were, in fact, false.
Persons: WASHINGTON, Donald Trump, Tanya Chutkan, Trump, Jack Smith, , Dan Bongino, Smith, “ It’s, Aileen Cannon, Abigail Jo Shry, Shry, Chutkan, Smith's, might've Organizations: Republican, U.S, Trump, Justice Department Locations: Texas, Washington, United States
The U.S. Department of Justice has launched a review and evaluation of the 1921 race massacre in Tulsa, Oklahoma, Assistant Attorney General Kristen Clarke said. “When we have finished our federal review, we will issue a report analyzing the massacre in light of both modern and then-existing civil rights law,” said Clarke, who oversees the Justice Department’s civil rights enforcement efforts. The review will be conducted under the Emmett Till Unsolved Civil Rights Crime Act, which allows the Department of Justice to investigate death-resulting civil rights crimes that occurred on or before Dec. 31, 1979. The massacre started after a Black man was accused of assaulting a white woman. “Although a commission, historians, lawyers and others have conducted prior examinations of the Tulsa Massacre, we, the Justice Department, never have.”Clarke said the department is examining available documents, witness accounts, scholarly and historical research and other information related to the massacre.
Persons: Kristen Clarke, Clarke, , Emmett, Viola Fletcher, Lessie Benningfield Randle, Hugh Van Ellis, ” Clarke, Damario Solomon Simmons Organizations: U.S . Department of Justice, Justice, Department of Justice, Universal, Getty, Tulsa, Justice Department, NBC News Locations: Tulsa , Oklahoma, Greenwood, Tulsa, Oklahoma, Okla
South Carolina and North Carolina saw a rise in complaints, mostly about hotels and fuel. AdvertisementAs Hurricane Helene wreaked havoc across southeastern US states, complaints of price gouging have surged. Related storiesIn neighboring North Carolina, which experienced the highest death toll of about 56, there were also dozens of price-gouging complaints. A spokesperson for the North Carolina Attorney General's Office said the state's Department of Justice had received 64 complaints alleging price gouging in western North Carolina. Kylie Mason, communications director for Attorney General Ashley Moody, told BI they had received complaints "mostly about fuel and water."
Persons: Helene, Price, , Virginia —, Hurricane Helene, Robert Kittle, Alan Wilson, Kittle, Wilson, Josh Stein, Stein, Kylie Mason, General Ashley Moody, Moody, Jonathan Skrmetti, Shaun Kenney, Jason Miyares, Kenney, Kamala Harris, Harris Organizations: Service, Business, South Carolina, AG, North Carolina Attorney General's, state's Department of Justice, North, Consumer, Division, Tennessee Division, Consumer Affairs, Virginia Locations: South Carolina, North Carolina, South Carolina , Georgia, Florida , Tennessee, Virginia, Hurricane, Carolina, Florida, Tennessee, Georgia
You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. What works is to flood the market with supply: lots of oil means lower oil prices, lots of labor means lower labor prices, lots of whatever means lower prices — it's a simple supply and demand curve. Obviously, this is a populist political gesture — a way to offer something to voters upset about high food prices. Krugman noted that many states including Texas have laws banning businesses from overcharging for essentials like food and fuel during disasters.
Persons: , Kamala Harris, Harris, Lindsay Owens, Donald Trump, Mark Zandi, Kamala, Dave Ramsey, It's, cramp, Kevin O'Leary, there's, That's, There's, O'Leary, it's, Kamala Harris's, Gus Ruelas, Paul Krugman, I've, Richard Nixon, Nicolas Maduro, Krugman, Brian Cornell, Cornell Organizations: Service, Democratic, Business, Federal, CBS, Republican, York Post, Fox, Netflix, Fox News, Laureate, Princeton, New York Times, CNBC Locations: York, America, Cuba, Venezuela, North Korea, Soviet Union, Texas, overcharging
CNN —Joaquín Guzmán López, the son of the former Sinaloa cartel boss Joaquín “El Chapo” Guzmán, is set to appear in federal court in Chicago Tuesday, just days after he was taken into American custody in a stunning arrest full of international betrayal and intrigue. The court appearance comes after Guzmán López, 38, and Ismael “El Mayo” Zambada, the cartel’s alleged co-founder, were arrested Thursday by US authorities in El Paso, Texas. US law enforcement officials told CNN the arrest came after Guzmán López duped Zambada and orchestrated their arrest. “Joaquín Guzmán López forcibly kidnapped my client. Details on the operation were also highly restricted within the US government until Zambada and Guzmán López were taken into custody, the source said.
Persons: López, Joaquín “, Guzmán, El Chapo –, , Joaquín, , Jeffrey Lichtman, Guzmán López, Ismael “ El, Ismael “ El Mayo ” Zambada, Zambada, Frank Pérez, Andrés Manuel López Obrador, Anne Milgram, El Chapo, , Christopher Wray, ” Zambada, “ Ismael Mario Zambada Garcia, Zambada Garcia, “ Zambada Garcia, El Chapo’s, Zambada’s, Vicente Zambada Niebla Organizations: CNN, US Justice Department, Ismael “ El Mayo ”, US Drug Enforcement Administration, Congressional Research Service, FBI, US State Department, Justice Department Locations: Sinaloa, Chicago, Illinois, El Paso , Texas, El Paso, Mexico, Joaquín, United States,
Ismael “El Mayo” Zambada, the cartel’s alleged co-founder, and Joaquin Guzmán López, son of former boss Joaquin “El Chapo” Guzman, were arrested Thursday by US authorities in El Paso, Texas. “I’m looking forward to seeing Joaquin and working on the case with him,” Lichtman said in an email, adding he’d appear in court with Guzmán López. “Joaquín Guzmán López forcibly kidnapped my client. Details on the operation were also highly restricted within the US government until Zambada and Guzmán López were taken into custody, the source said. “Ismael Mario Zambada Garcia is the long-time leader of the Zambada Garcia faction of the Sinaloa Cartel,” according to the US State Department.
Persons: Ismael “ El, Ismael “ El Mayo ” Zambada, Joaquin Guzmán López, Joaquin “ El Chapo ” Guzman, Frank Pérez, ” Guzmán, Jeffrey Lichtman, , Joaquin, ” Lichtman, Guzmán López, Anne Milgram, Zambada, Pérez, ” Pérez, , Andrés Manuel López Obrador, El Chapo, , Christopher Wray, ” Zambada, “ Ismael Mario Zambada Garcia, Zambada Garcia, “ Zambada Garcia, Guzmán, Zambada’s, Vicente Zambada Niebla Organizations: CNN, Ismael “ El Mayo ”, US Justice Department, US Drug Enforcement Administration, , Congressional Research Service, FBI, US State Department, Justice Department Locations: Sinaloa, El Paso , Texas, El Paso, Chicago, Illinois, United States, Mexico, Joaquin
Details are still emerging about what led last week to one of the most significant and stunning cartel busts in recent memory. Joaquín Guzmán López, one of the sons of convicted cartel boss Joaquín “El Chapo” Guzmán, duped Zambada and orchestrated their arrest, officials told CNN. At the time, Zambada told Proceso that fear about being captured weighed on him constantly. Now that Zambada and Guzmán López are in US custody, authorities are ready to make the case against them. But is it going to create a collateral effect or have an impact on drug trafficking?
Persons: Ismael “ El, Ismael “ El Mayo ” Zambada, Joaquín Guzmán, Joaquín “, Guzmán, Zambada, hasn’t, , Frank Perez, ” Guzmán, Jeffrey Lichtman, Lichtman, Joaquin, , Steven Dudley, who’s, Mexico’s, Andrés Manuel López Obrador, Ismael, El, Rodrigo Oropeza, Proceso, El Fantasma, Mike Vigil, “ Mayo Zambada, ” Vigil, ” Dudley, “ I’m, he’s, they’d, Zambada didn’t, López, El Chapo’s, Guzmán López, General Merrick Garland, El Mayo, takedowns, won’t, Ione Molinares, Fidel Gutierrez, Rafael Romo, Abel Alvarado, Amanda Musa Organizations: CNN, Ismael “ El Mayo ”, Los Angeles Times, Getty, Authorities, ‘ El Mayo, Drug Enforcement, Agents, Homeland Security Investigations, Reuters, Beechcraft King Air Locations: Sinaloa, Mexico, El Paso , Texas, Chicago, United States, El Mayo, AFP, , Zambada, Santa Teresa
Most people don’t use mail the way they used to – if they send out mail at all. And, most of all, businesses still depend on the mail to help them reach customers and keep the economy going. A history older than AmericaThe postal service and the United States have grown side by side since before the country’s birth – quite literally. The band The Postal Service was an indie-pop darling near the turn of the century. While stamp prices have doubled in that time, most experts point the finger at technology instead.
Persons: , Michael Plunkett, Benjamin Franklin, Alexis de Tocqueville, “ Alexander M, , Santa Claus, Cliff, Newman, , David Brin, Kevin Costner, ” Plunkett, Kevin Kosar, that’s, Plunkett, Sackler, ” ‘, doesn’t, Louis DeJoy, Kyle Grillot, Michael Kubayanda, Mark Dimondstein, ” Kubayanda Organizations: New, New York CNN, US Postal Service, Association for Postal Commerce, Boston Post, United States, Smithsonian Magazine, Getty, New York City, Postal Service, Post, ” Workers, Service, American Enterprise Institute, , , Coalition, Century Postal Service, USPS, American Postal Workers Union Locations: New York, United States, Boston, United, Britain, France, Siren , Wisconsin, City, Los Angeles, AFP
Henrik Fisker stands with the Fisker Ocean electric vehicle after its unveiling at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA in Manhattan Beach, California. The new filing comes after the Fisker company failed to secure an investment from a big automaker to keep afloat. The automaker, unlike most of its peers, contracted a third-party manufacturer to build the Fisker Ocean crossover. Déjà vuFor Henrik Fisker, a renowned automotive designer credited with designing the BMW Z8 and Aston Martin DB9, it's déjà vu. His first namesake company – Fisker Automotive – filed for bankruptcy protection in 2013, shortly after he left the company.
Persons: Henrik Fisker, Patrick T, Fallon, Fisker, Nikola, Faraday, It's, Henrik Fisker's, Tesla, Sam Abuelsamid, Magna, Abuelsamid, Geeta Gupta, Gupta, Stephanie Valdez Streaty, Aston Martin, Organizations: Manhattan, Los Angeles Auto, AFP, Getty, Lordstown Motors, Guidehouse, Software, U.S, Canadian, Apple, Adobe, SAP America, Manpower, Systems, CNBC, Cox Automotive, Fisker, Inc, BMW Z8, Aston, Aston Martin DB9, China's Wanxiang Locations: Manhattan Beach , California, EVs, U.S, North America, Europe
Hunter Biden’s ex-wife, his ex-girlfriend, his brother’s widow – with whom he had an affair – and his daughter all testified. Hunter Biden was administratively discharged, which is standard procedure when an officer fails a drug test. Did Joe Biden profit from his son Hunter’s career? It is a trade-off Hunter Biden has been experiencing for years. When Joe Biden was tapped as Barack Obama’s running mate in 2008, they made a point about not consorting with lobbyists.
Persons: CNN — Hunter Biden, Biden, Read, Hunter Biden’s, , Donald Trump’s, That’s, Trump, Hunter Biden, Joe Biden, Volodymyr Zelensky, Joe Biden’s, Hunter, “ dishonorably, “ Hunter Biden ”, Hunter’s, James Biden, Barack Obama’s Organizations: CNN, Trump, Navy Reserve, Republicans Locations: Delaware, New York, Los Angeles, Ukraine, Ukrainian, China
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Wall Street was bouncing higher Friday after, as Jim Cramer put it, a "really bad day" in the prior session. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Thursday's, Goldman Sachs, Cramer, Eli Lilly, Locker, Mary Dillon, Nike isn't, Jim Cramer's, Jim Organizations: CNBC, Nvidia, Novo Nordisk, Costco, Nike, Jim Cramer's Charitable Locations: America, Indiana
The bill, called the Warehouse Worker Protection Act, is the first attempt to police warehouse quotas at the federal level, after similar laws have passed in states including California, New York, Washington and Minnesota. The legislation would require employers to be more transparent about workplace quotas and potential disciplinary consequences, and provide workers with at least two business days' notice of any changes to quotas or workplace surveillance. Wendy Taylor, a packer at an Amazon warehouse in Missouri, said during Markey's press conference on Thursday that she and others are "fighting for quota transparency." Taylor blamed Amazon's "inhumane work rates" for the injury, and added, "Amazon workers provide same-day shipping, but we can't even get the same-day care we deserve." WATCH: Amazon's worker safety hazards come under fire from regulators and the DOJ
Persons: Democratic Sen, Ed Markey, Markey, It's, Wendy Taylor, packer, Taylor, Amazon's Organizations: Democratic, Amazon, Health, Education, Labor, Pensions, Occupational Safety, Health Administration, OSHA, U.S, Attorney's, U.S . Department of Justice, DOJ Locations: California , New York, Washington, Minnesota, U.S, Missouri
Read previewMassachusetts Sen. Elizabeth Warren has questions for the head of a major student-loan company — and she wants him to answer them in Congress next month. On Monday, Warren sent a letter to Scott Giles, the CEO of federal student-loan servicer MOHELA, inviting him to testify before the Senate banking committee on April 10. MOHELA was the first federal servicer to be punished by the Education Department for failing to fulfill its contractual obligations. "Your testimony will provide you with an opportunity to offer context on MOHELA's role as a student loan servicer at a time of significant transition for the federal student loan program," she added. Warren, along with other Democratic lawmakers, has previously scrutinized MOHELA's handling of student-loan borrowers' accounts.
Persons: , Massachusetts Sen, Elizabeth Warren, Warren, Scott Giles, servicer MOHELA, MOHELA, servicer, Chuck Schumer, Sen, Bernie Sanders, PSLF, I'm Organizations: Service, Public, Business, Education Department, Democratic, Consumer Financial Protection Bureau Locations: Massachusetts, Nelnet
The Department of Homeland Security Is Embracing A.I.
  + stars: | 2024-03-18 | by ( Cecilia Kang | ) www.nytimes.com   time to read: +1 min
The Department of Homeland Security has seen the opportunities and risks of artificial intelligence firsthand. It found a trafficking victim years later using an A.I. But it has also been tricked into investigations by deep fake images created by A.I. Now, the department is becoming the first federal agency to embrace the technology with a plan to incorporate generative A.I. “One cannot ignore it,” Alejandro Mayorkas, secretary of the Department of Homeland Security, said in an interview.
Persons: ” Alejandro Mayorkas, Organizations: of Homeland Security, Department of Homeland Security
As rural hospitals continue to struggle financially, a new type of hospital is slowly taking root, especially in the Southeast. Saving rural careThat was the case for Irwin County Hospital in Ocilla, Georgia, which was the second rural emergency hospital established in the U.S. “But ... we felt like we had to try.”Irwin County Hospital became a rural emergency hospital on Feb. 1, 2023. “We might have been closed if we hadn’t (become a rural emergency hospital), so ... something had to be done,” he said. Brock Slabach, the National Rural Health Association's chief operations officer, told the AP that upwards of 30 facilities are interested in converting to rural emergency hospitals this year.
Persons: Carrie Cochran, McClain, George Pink, Weeks, Scott Carver, he’d, , Quentin Whitwell, “ We’re, Whitwell, Carver, Traci Harper, Harper’s, , , Warren, Jared Chaffin, Amy Thimm, they’ll, Ron Te Brink, Chaffin, “ That’s, Kenneth Williams, Williams, Williams isn’t, we’ve, Pink, it’s, Cochran, Brock Slabach, Robert Wood Johnson Organizations: National Rural Health Association, U.S, University of North, Sheps, for Health Services Research, Health Research Program, Irwin County Hospital, Hospital, Progressive Health Systems, Warren Memorial Hospital, Alliance Healthcare, Centers, Medicare, Associated Press, National Rural Health Association's, Associated Press Health, Science Department, Robert Wood Johnson Foundation, AP Locations: Southeast, Rural, Nebraska, Florida, Ocilla , Georgia, U.S, ” Irwin, Jacksonville , Florida, Holly Springs , Mississippi, Memphis
Morgan Stanley analysts say, "Within internet coverage group, the survey results were most bullish for OW (overweight) META . Evercore ISI raises its Netflix price target to $640 per share from $600, reiterating its buy-equivalent rating. The analysts say the turnaround at IBM continues, citing "a defensive portfolio, attractive dividend yield, and underappreciated AI capabilities." Goldman Sachs research analysts upgrade shares of Citigroup to buy from neutral with a $68-per-share price target. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Steven Mnuchin, ByteDance, Mnuchin, Morgan Stanley, Bernstein, Mizuho, Arvind Krishna, Goldman Sachs, Wells, Dick's, Jim Cramer's, Jim Cramer, Jim Organizations: PPI, CPI, CNBC, U.S, Community Bancorp, Facebook, Nvidia, Broadcom, Citi, Micron, Microsoft, Security, Disney, Amazon, Bank of America, IBM, Citigroup, Dick's, Goods, Jim Cramer's Charitable Locations: New, Japan
Read previewWhen the chief executive of cryptocurrency startup Anchorage Digital posted a message in the company's "announcements" Slack channel in late November about an executive's departure, employees started buzzing. Just over a year after it received the charter, the OCC issued a consent order against Anchorage in April 2022. Regulators are aggressively scrutinizing crypto players and prioritizing monitoring crypto compliance. Regulators' viewThe OCC is now led by Michael Hsu, the former Federal Reserve regulator and self-described crypto skeptic who has viewed crypto companies' regulatory compliance in some areas as inadequate. A crypto bank would face risks in safeguarding digital assets in its custody, maintaining appropriate hedges in crypto-lending, and adhering to capital requirements specific to crypto assets, said Kim, who studies crypto and blockchain technology.
Persons: , Georgia Quinn, Nathan McCauley's, McCauley, Goldman Sachs, Andreessen Horowitz, Quinn, Brian Brooks, CoinDesk, Oliver Wyman, FTI, Brooks, Michael Hsu, Hsu, Evelyn Hockstein, Mark duBose, Seoyoung Kim, University's, Kim, Diogo Mónica, Axel Springer, Mark McCombe, Max Levchin, BNY, Seyfarth Shaw, Ellenoff Grossman, it's Organizations: Service, Anchorage, Business, Citadel Securities, Apollo Global Management, Visa, OCC, Regulators, Securities, Exchange, IBM, KPMG, Anchorage Digital Bank National Association, Federal Reserve, Reuters, Business Insider, Santander Bank, University's Leavey School of Business, KKR, BlackRock, BNY Mellon Locations: Anchorage, United States, Santa, San Francisco, Portugal
DNA test kit horror story
  + stars: | 2024-02-14 | by ( Rob Kuznia | Allison Gordon | Nelli Black | ) edition.cnn.com   time to read: +22 min
The near-absence of laws criminalizing the practice of fertility fraud until recently means no doctors have yet been criminally charged for the behavior. In 2019, Indiana became the second state, more than 20 years after California, to pass a statute making fertility fraud a felony. He added some of his biological children have “expressed gratitude for their existence” to him and even sent him photos of their own children. Cline’s case spurred lawmakers to pass legislation that outlawed fertility fraud but wasn’t retroactive, meaning he was never prosecuted for it. “In fertility fraud, no parent is saying that – no parent is saying I would have gotten an abortion,” she said.
Persons: Hill, , Burton Caldwell, , ” Hill, we’ve, , Jody Madeira, Laura Oliverio, wasn’t, Eve Wiley, Marvin Yussman, Yussman, Victoria Hill, ” Yussman, Dr, Donald Cline, general’s, Cline, Stephanie Bice, Mikie Sherrill, New Jersey Democrat –, Kelly Wilkinson, Katherine L, Kraschel, Julia T, Woodward, Laura High, we’re, ’ Let’s, it’s, let’s, OBGYN Narendra Tohan, isn’t, Tohan, , Janine Pierson, Doreen Pierson, Caldwell –, Doreen, Alyssa Denniston, Caldwell, Pierson, ” Pierson, she’d, doesn’t, texted, Jamie LeRose, Maralee Hill, Victoria, Sean Tipton, Tipton, Caldwell “, didn’t Organizations: CNN, Indiana University, Savin Rock, CNN CNN, Netflix, Oklahoma Republican, New, New Jersey Democrat, Indianapolis Star, DC, Northeastern University, Duke University Health System, CNN Fertility, United, American Society for Reproductive Medicine, Seagulls Locations: Connecticut, Savin Rock Beach, West Haven , Connecticut, Indiana, California, Kentucky, Wethersfield , Connecticut, Oklahoma, New Jersey, Indianapolis, Wethersfield, New Britain, Madeira, Yale, Victoria, Hartford , Connecticut, Victoria Hill's, Norwalk, Norway, Germany, United States, Cheshire, New Haven
Dollar reigns supreme as hot CPI cools bets for Fed cuts
  + stars: | 2024-02-14 | by ( ) www.cnbc.com   time to read: +3 min
In this photo illustration, the man is holding several U.S. dollar bills with some Chinese yuan in the background. The dollar traded near three-month highs to major peers on Wednesday as traders pushed back bets for a first Federal Reserve interest rate cut following surprisingly hot U.S. inflation figures overnight. The dollar has added about 10 yen in price since the start of this year. The euro was steady at $1.0710, after dipping to a three-month low of $1.07005 overnight. The Australian dollar languished near a three-month low of $0.6443 reached overnight, last trading at $0.64545.
Persons: James Kniveton, Kazuo Ueda, Kniveton, Masato Kanda, cryptocurrency bitcoin, bitcoin, Craig Erlam Organizations: Fed, Traders, Bank of Japan, Treasury, Bank of England, Australian, U.S, CPI, OANDA Locations: U.S
In my debut novel, a family retraces their lineage in order to be eligible for the nation’s first federal reparations program for Black Americans. The idea that the United States could ever collectively support a national reparations policy for Black people seemed, well, the stuff of fiction. Since then, reparations task forces and commissions have been created in California, Illinois, New York and Pennsylvania. To address systemic inequalities rooted in federal law, a federal reparations policy is required. I decided to write about reparations after researching the racial wealth gap, the statistics of which continue to paint a picture of widespread systemic failure.
Persons: Jim Crow Organizations: Black Americans, Consumer Finances, National Association of Realtors, White Americans, White Locations: Evanston, Ill, United States, California , Illinois, New York, Pennsylvania, State
[The stream is slated to start at 10:10 a.m. Citadel CEO Ken Griffin is slated to speak to CNBC's Leslie Picker on Tuesday at the MFA Network event in Miami. The chat comes a day after the S&P 500 reached a fresh record high, building on its strong start to 2024. It also comes as traders brace for major tech earnings this week and the first Federal Reserve policy announcement on Wednesday. Griffin's hedge fund, Citadel, is also coming off a year in which it posted double-digit returns.
Persons: Ken Griffin, CNBC's Leslie Picker Organizations: Citadel, Federal Reserve, CNBC, YouTube Locations: Miami, Griffin's
"Interest rates took the elevator going up; they're going to take the stairs coming down," McBride said. As the Fed goes into its first Federal Open Market Committee meeting of 2024, here's what that elevator ride up has looked like over the last 12 months in five major consumer categories: credit cards, savings accounts, certificates of deposit, auto loans and mortgages. Credit cardsNowhere has that express rate elevator been more obvious than with credit cards. Even as the Fed slowed the pace of increases over the last 12 months, the average APR for credit cards rose more than a full percentage point. He cautions, however, that buying a car is still a major expense, regardless of what interest rates are.
Persons: Greg McBride, McBride, they've, " McBride, They've, you've Organizations: U.S . Federal Reserve, Federal Reserve, Finance Locations: U.S
European markets closed lower Thursday after U.S. inflation came in above expectations. After a choppy session, the regional Stoxx 600 index finished 0.77% lower, with all sectors in the red. December's U.S. inflation report showed an increase in consumer prices of 0.3% on the month and 3.4% year-on-year. "While the critical core inflation measure, which strips out volatile items such as food and energy, continues to ease from its highs, the downward trend in this measure also appears to have stalled. U.S. stocks also turned lower on Thursday morning as Wall Street digested the inflation data and the start of the fourth-quarter earnings season.
Persons: Spencer, Dow Jones, Matthew Ryan Organizations: Bank, Marks, Tesco, Investors, Federal Reserve, Nikkei Locations: U.S, Asia
It’s also a clear sign that the gun safety movement needs to get to work reforming the Supreme Court. Regardless of how Rahimi is decided, the Supreme Court has already done enormous damage to our ability to keep Americans safe from gun violence. We need Supreme Court expansion to restore balance and sanity to the Court. Fortunately, Supreme Court expansion is clearly constitutional: Congress has done it multiple times throughout American history and we can do it again. Expanding the Supreme Court would be yet another way we can fight the war against senseless gun violence.
Persons: Shannon Watts, Christopher Langford, It’s, Bruen, Rahimi, Sandy Hook, Bill Clinton, Sens, Ed Markey, Elizabeth Warren, Tina Smith, Jamie Raskin, Jerrold Nadler, Hank Johnson, Biden’s Organizations: CNN, York, National Rifle Association, Shooting Sports Foundation, NRA, New York’s Department of Financial Services, Supreme, US, Representatives, Democrat, Maryland Locations: America, Lewiston , Maine, United States, Bruen, Massachusetts, Minnesota, New York, Georgia
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