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Billy Joel at the Garden: Scenes From a Celebration
  + stars: | 2024-07-26 | by ( Thea Traff | ) www.nytimes.com   time to read: 1 min
Billy Joel performed the final show of his 10-year residency at Madison Square Garden on Thursday night, his 150th performance at the venue overall and the most for any performer there. The Times was on hand to capture the moments leading up to the concert, which amounted to a victory lap.
Persons: Billy Joel Organizations: Madison
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There’s a pause before Billy Joel steps onstage each night when he makes the subtle transition from low-key Everyman to world-renowned Piano Man. It’s just a few minutes of “not talking to anybody, not seeing anybody,” he said, mimicking waving off potential distractions. In February, “Turn the Lights Back On,” his first new song in nearly 20 years, joined the set list. Joel, 75, promised to keep the show running as long as there was demand. In total, the run grossed more than $260 million with attendance nearing two million, according to the trade publication Pollstar.
Persons: Billy Joel, It’s, , bellowing, screech, shutdowns — Joel, Joel, ” Dennis Arfa Organizations: Madison, Garden, Locations: Sag, Long, Manhattan
While Trump insists he's sticking with Vance, the senator's poor polling combined with Vice President Kamala Harris' momentum has led some to ask: Could Trump replace Vance? The Democratic and Republican National Committees have separate rules governing how they fill vacancies of presidential or vice presidential nominees. Related stories"I think sometimes what people forget is that people start voting in September," Dacey told Business Insider. It would be, he said, "extraordinarily disruptive" both logistically and politically to replace Vance as the vice presidential nominee. In 2020, there were rumors he would replace former Vice President Mike Pence on his ticket.
Persons: , Sen, JD Vance, Donald Trump's, Trump, Vance, Kamala Harris, Amy Dacey, Dacey, Kenneth Mayer, Mayer, Glenn Youngkin, Harris, Mike Pence, he's, George McGovern, Thomas Eagleton of, Eagleton, McGovern Organizations: Service, Trump, Republican Party, Business, Democratic, Republican National Committees, Republican National Committee, Democratic National Committee, Sine Institute of Policy, American University, University of Wisconsin -, CNN, Punchbowl, Republican National Convention, Gov, Fox News Locations: Ohio, University of Wisconsin - Madison, Virginia, Thomas Eagleton of Missouri
The 7 most renter-friendly big cities in the US
  + stars: | 2024-07-25 | by ( Madison Hoff | ) www.businessinsider.com   time to read: +1 min
Raleigh, North Carolina, was the most renter-friendly among 98 cities analyzed by ApartmentAdvisor. AdvertisementAmid peak rental season, some cities are better suited than others for renters thinking about their next move. Raleigh, North Carolina, took the top spot on ApartmentAdvisor's list of the "The Most Renter-Friendly U.S. Cities in 2024." "We pretty much knew from other studies we've done that rent prices alone wouldn't be the only factor that would make a city renter-friendly," Lilly Milman, editor at ApartmentAdvisor, told Business Insider. This story is available exclusively to Business Insider subscribers.
Persons: ApartmentAdvisor, , Lilly Milman Organizations: Service, Friendly U.S, Cities, Business Locations: Raleigh, North Carolina, Cedar Rapids , Iowa, Raleigh , North Carolina
CNN —Five wins to open his UFC career had Tom Aspinall on course for a title shot. A kick from Aspinall connected with Blaydes’ leg and the British fighter dropped to the canvas, clutching his knee in pain, with the fight ending prematurely. The UFC is seen as the pinnacle of MMA and therefore comes with increased attention, but Aspinall was unfazed. Aspinall says it will be "great" co-headlining UFC 304, an event featuring British fighters competing in each bout. Aspinall says that he feels like "the best in the world" despite holding the interim heavyweight title.
Persons: Tom Aspinall, Curtis Blaydes, Aspinall, Blaydes, , ” Aspinall, Julian Finney, I’ve, I’m, Curtis, Tom, Chris Unger, it’s, ” ’, , , you’ll, he’s, , ’ ” Aspinall, Marcin Tybura, Jon Jones, Stipe Miocic, Jones, Sergei Pavlovich, Pavlovich, Henry Cejudo, Georges, Pierre, ” Cejudo, “ What’s, doesn’t, Cooper Neill, Aspinall’s, Leon Edward’s, Belal Muhammad, It’s, You’re Organizations: CNN —, UFC, O2, CNN Sport, , Manchester, British, YouTube, ” CNN Locations: London, British, New York’s, Manchester
It’s been nearly 51 years since Billy Joel recorded the song “Piano Man” — five decades of performing and merchandise for all occasions. As Mr. Joel, 75, will perform his 150th show at Madison Square Garden, the final performance of his 10-year-residency, fans have been gearing up. Five decades of performing means a lot of T-shirts sold — more than 10 million, in the estimation of Claire Mercuri, a spokeswoman for Mr. Joel — and that’s just the count for licensed wear. The musician doesn’t have a favorite item — they’re all his “children,” Mr. Joel said, through Ms. Mercuri, which he also says when asked to pick his favorite song. Collectors, devoted to every wave of memorabilia style, from the blocky graphics of the 1990s to the minimal modern versions, are at the ready.
Persons: It’s, Billy Joel, Joel, Claire Mercuri, Joel —, that’s, doesn’t, ” Mr Organizations: Madison, Garden
Lori Umbrino saw her first Billy Joel concert at Shea Stadium in Queens in 1990. More than three decades later, she stood with her two children outside Madison Square Garden on Thursday evening, each wearing a T-shirt from the singer’s concerts across the years. That journey has led them back to Madison Square Garden, where Mr. Joel was performing the 150th and final show of his 10-year residency there. The milestone — and, for some, the devastating misunderstanding that Mr. Joel was retiring — drew veterans of his shows, first-timers, families and singles from around the city and the country. Thousands of people piled into the Garden to hear Mr. Joel glide from hit to hit.
Persons: Lori Umbrino, Billy Joel, “ We’ve, , Umbrino, Joel’s, Billy Joel Day, Joel, Organizations: Shea, Madison, Garden Locations: Queens, Madison, New York State
US real GDP increased at an annualized rate of 2.8% in the second quarter, way above the 2.0% forecast. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA new Bureau of Economic Analysis report said the advance estimate for US GDP growth in the second quarter was 2.8% at an annualized rate. That's way more than the 2.0% forecast noted on Investing.com and the 1.4% growth in the first quarter. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Service, Business
Read previewVice President Kamala Harris' campaign is in the process of choosing her running mate, and who she chooses will provide insight into her battle plan for November. With 20 electoral votes, winning the battleground state will likely be a crucial part of both former President Donald Trump and Harris' campaign. Choosing Shapiro, the state's governor, who has proven he can win in Pennsylvania, could significantly bolster Harris' ticket there, Gift said. Kevin Fahey, an assistant professor of political science at the University of Nottingham, agrees but told BI that a Shapiro pick may indicate some trepidation in Harris' campaign. Plus, he's already been an attack dog against Trump's running mate, Sen. JD Vance, going after him for his Appalachian credentials.
Persons: , Kamala Harris, Josh Shapiro, Roy Cooper of, Andy Beshear, Sen, Mark Kelly of, Joe Biden —, Harris, Shapiro, Cooper, Donald Trump, Thomas, Chuck Rocha, Rocha, it's, Kevin Fahey, Fahey, Beshear, Biden, JD Vance, Kelly, David Barker, Barker, they'd, Kelly wouldn't, Barry Burden, Burden, Trump Organizations: Service, Pennsylvania, Business, Electoral, Trump, University of Nottingham, Republican, American University's Center, Congressional, Presidential Studies, University of Wisconsin Locations: Roy Cooper of North Carolina, Kentucky, Mark Kelly of Arizona, Pennsylvania, Philadelphia, Pittsburgh, Alabama, Michigan, Wisconsin, Georgia, Arizona, Upper Midwest, North Carolina, Nevada, California, West, Madison, — Pennsylvania
Tesla — Stock in the electric vehicle company sank about 9% after second-quarter earnings were weaker-than-expected. Texas Instruments — Stock in the chipmaker ticked up about 2% thanks to better-than-expected second-quarter earnings. Texas Instruments reported earnings of $1.22 per share while analysts polled by LSEG expected $1.17. Visa's $8.9 billion in revenue was slightly weaker than an estimated $8.92 billion from analysts polled by LSEG. Analysts polled by LSEG forecast $404 million.
Persons: LSEG, Goldman Sachs, Goldman, , Alex Harring, Sarah Min, Jesse Pound Organizations: YouTube, . Texas, , Texas, Garden Entertainment, Visa —, LSEG, FactSet, Capital, Meta, Seagate, Enphase Energy Locations: Madison
The band released their self-titled debut album in 1997, which peaked at No. In other words, the parties reached an undisclosed settlement and Trans Continental released *NSYNC from their contractual obligations. The following year, *NSYNC released their first album with Jive, "No Strings Attached." It sold over 2 million copies in its first week and spawned hits like "Bye Bye Bye" and "It's Gonna Be Me." "After we left Lou, we had a record that was huge," Kirkpatrick says in "Dirty Pop" episode two.
Persons: Pearlman, Chris Kirkpatrick, Timberlake, Joey Fatone, Lance Bass, JC Chasez, Kirkpatrick, Lou Organizations: Madison, Garden, Brands, Backstreet, Pepsi, RIAA, Guardian, Trans
He won gold at the 2023 Pan American Games in Santiago, Chile, to qualify for the Paris Olympics. Judo — Maria LabordeLaborde, 33, is the highest-ranked U.S. judoka qualified for the Paris Games — at No. He won gold at the 2023 Pan American Games and qualified in speed climbing for the Paris Games, his first Olympics. Carissa Moore participates in a training session ahead of the Paris Olympics this week in Teahupo’o, French Polynesia. Knibb obtained quotas in both triathlon and road cycling for the Paris Games, which will make her a rare multi-sport Olympian.
Persons: Simone Biles, Katie Ledecky, LeBron James, Barry, Kareem Maddox, Dylan Travis, Dearica Hamby, Rhyne Howard, Cierra Burdick, Hailey Van Lith, Casey Kaufhold, Kaufhold, she’s, Luann Ryon, Dean Alberga, Anita Alvarez Alvarez, Alvarez, Andrea Fuentes, Fuentes, Beiwen Zhang Zhang, She’s, Zhang, Kelly Cheng Cheng, nee Claes, Sarah Sponcil, Cheng, Sara Hughes, They’re, Brazil’s Ana Patricia Silva Ramos, Eduarda “ Duda ” Santos, United States ’ Taryn Kloth, Kristen Nuss, Jahmal Harvey Harvey, USA’s, Harvey, — Victor Montalvo Montalvo, Montalvo, Boy Victor, , Paris Victor Montalvo, He’ll, Kenzo Tribouillard, — Nevin Harrison Harrison, Casey Eichfeld, Jennifer Valente Valente, Valente, Andrew Capobianco Capobianco, Michael Hixon, Capobianco, Carson Tyler, Mike Ruiz, Delaney Schnell, Jessica Parratto, — McLain Ward Ward, Ward, Sapphire, — Lee Kiefer Kiefer, Gerek Meinhardt, Lee Kiefer, Matthias Hangst, Amanda Golini, Ashley Hoffman, Golini, Hoffman, — Maria Laborde Laborde, Laborde, Jess Davis Davis, Meghan Musnicki, Lisa Schlenker’s, Musnicki, Kevon Williams Williams, Williams —, Houston —, Kevon Williams, Yong Teck Lim, Daniela Moroz Moroz, Moroz —, , — Vincent Hancock Hancock, he’s, Al Oerter, Carl Lewis, Michael Phelps, TeamUSA.com, Jagger Eaton Eaton, Tom Schaar, Eaton, Sam Watson Watson, Carissa Moore Moore, Moore, Carissa Moore, Jerome Brouilett, Lily Zhang It’s, China, — CJ Nickolas Nickolas, Jessica Stevens, — Taylor Knibb Knibb, Knibb, — Jordan Larson Larson, Toru Hanai, Maggie Steffens Steffens, Steffens, Flav, Olivia Reeves Reeves, Reeves, — Aaron Brooks, Brooks, David Taylor, Spencer Lee, Lee, Iran’s Hassan Yazdani, Aaron Brooks, Fabrice Coffrini Organizations: Paris Olympics, Olympic, Paris Games, BYU, Games, Tokyo Games, Getty, Badminton, USA, USC, Trojans, Eduarda “ Duda ” Santos Lisboa, United, U.S, Pan American, USA Boxing, Red Bull, Paris, Madison, U.S . Olympic, Tokyo, Athens Games, Beijing, University of Kentucky, FIH, Team USA, Pan American Games, NBC Sports, Rio, Rugby, rugby, Olympics, Fiji, New Zealand, HSBC SVNS Singapore, USA.com, Los Angeles Games, X, , Tokyo Olympics, Nebraska, Sydney Games, Beijing Games, Brazil, Team USA’s Locations: Paris, Tokyo, U.S, women’s recurve, Berlin, Russia, Ukraine, Budapest, Barcelona, China, Indonesia, Mexico, United States, Santiago , Chile, Belgrade, Serbia, Florida, AFP, Rio, Japan, Athens, Ranchi, India, Germany, Lima , Peru, Cuba, London, Houston, Wujiang, Hawaii, Teahupo’o, French Polynesia, Beijing, Penn
Here are Wednesday's biggest calls on Wall Street: RBC upgrades Estee Lauder to outperform from sector perform RBC said it sees an attractive risk/reward. Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's standing by shares of Tesla following the release of disappointing earnings. Morgan Stanley initiates Biohaven as overweight Morgan Stanley said it sees "value creation" for the biotech company. Morgan Stanley downgrades General Motors to equal weight from overweight Morgan Stanley said it sees a more "balanced" risk/reward for shares of GM. " Cantor Fitzgerald downgrades Tesla to neutral from overweight Cantor downgraded Tesla following earnings on Tuesday.
Persons: Lauder, Raymond James, Taylor Morrison, it's, Morgan Stanley, Tesla, Tesla's, TD Cowen, JFrog, Cowen, Lockheed Martin, Goldman Sachs, Goldman, Smith, Stifel, GOOGL, Jefferies downgrades, Gamble, Jefferies, Piper Sandler downgrades Ulta, Piper, Gordon Haskett, Joel Anderson, Cantor Fitzgerald downgrades Tesla, Cantor Organizations: RBC, Taylor Morrison Homes, Tesla, Lockheed, Spotify, JPMorgan, Garden Entertainment, Apple JPMorgan, Apple, Jefferies downgrades Colgate, Palmolive, Procter, Colgate, Gamble, Deutsche Bank, Deutsche, Motors, GM, Barclays, Disney, Universal Studios, Davidson Locations: GenAI, Malibu
On Sunday, almost immediately after prominent Democrats started endorsing Vice President Kamala Harris for president, attacks from the political right started pouring in. There were five others: George Washington, James Madison, Andrew Jackson, James Polk and James Buchanan. But more to the point, if you think that the concerns of parents and families will always be “abstract” to someone who doesn’t have children, you’re telling on yourself. It’s not simply that, by all accounts, Harris has a close, loving relationship with her stepkids. It should go without saying, but: Having children doesn’t necessarily make you a better person.
Persons: Kamala Harris, Will Chamberlain, Ron DeSantis’s, Harris, shouldn’t, , Harris wouldn’t, George Washington, James Madison, Andrew Jackson, James Polk, James Buchanan, Warren Harding, It’s, they’ll
The pros and cons of living in EnglandAs someone who loves being outdoors, Andrea finds the English countryside beautiful. "It's something that I feel like you don't really get in America because it's so classically England. "I think you don't really get to see that much in two weeks," she said. "You don't get to experience that much, and you don't really know what it's like to live there. Advertisement"I feel like that's something that's not really talked about very often when you're moving to a different country," she said.
Persons: Andrea, Zoe Sugg, Alfie Deyes, It's, London, she's, it's, that's Organizations: Service, Business, University of Leicester, US, Valentine's Locations: California, England, Southern California, LA, London, Instagram, America, mhoff@businessinsider.com
How the hedge fund superstar went extinct
  + stars: | 2024-07-23 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
But for now, we're examining how the hedge fund superstar has gone extinct . The big storySo long, superstarGetty Images; Alyssa Powell/BIWhere have all the hedge fund superstars gone? AdvertisementIn years past, even rubbing shoulders with a legendary hedge fund manager was enough for aspiring fund managers to raise capital. Meanwhile, the hedge fund industry has also evolved. Aaron Weiner, a 31-year-old from Coatue, got a multibillion-dollar check from Millennium for his to-be-launched hedge fund .
Persons: , Kamala Harris, Harris, Alyssa Powell, Insider's Linette Lopez, Julian Robertson, Griffin's, Izzy Englander's, Goldman Sachs, Jared Siskin, Bobby Jain, it's, Aaron Weiner, Jonathan Xiong's, Maja Hitij, Carl Godfrey, Apple, Sam Altman's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Democratic, Democratic Party Convention, Business, Getty, Management, Goldman, Madison, Park Conservancy, Citadel, Credit Suisse, Jain, ExodusPoint, Investment Partners, Blackstone, Elon Musk's, Big Tech, Bank of America, BI Founders, Forge, Apple, Google, General Motors Locations: Venture, Wall, Park, Coatue, Miami, London, New York
In today's big story, President Joe Biden ended his reelection bid . The president ended his reelection campaign on Sunday, the culmination of mounting pressure from his party after a disastrous debate last month. Meanwhile, former President Donald Trump said in a post on Truth Social that "Crooked Joe Biden was not fit to run for President." Biden's reelection campaign has quickly pivoted to serve Harris, making it an uphill battle for any Democrat looking to challenge her , writes Business Insider's Brent D. Griffiths. Many have made comparisons to the 1968 Democratic convention , which was a contested convention after President Lyndon B. Johnson ended his reelection campaign earlier that year.
Persons: , Joe Biden, Biden, Alyssa Powell, BI Joe Biden, Elon Musk, Reid Hoffman, Donald Trump, Kamala Harris, Harris, Jared Siskin, Biden's, Insider's Brent D, Griffiths, Hillary Clinton, BI's Bryan Metzger, Lyndon B, Johnson, Hubert Humphrey, Humphrey, Richard Nixon, Brent, Here's, Sieg, Merrill Lynch, Abanti Chowdhury, Andy Sieg, Warren Buffett's, Buffett, Paul Chinn, Andrew Caballero Reynolds, Marc Andreessen, he'd, Andreessen, Trump, BI's Adam Rogers, OpenAI, Sam Altman's, slowdowns, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Business, BI, Democratic, Madison, Park Conservancy, Citi Wealth, BI Citi Wealth, Bank of Montreal, Buffett Locations: Park, Plenty, Washington, Chicago, Southern, New York, London
"Everyone is thinking they deserve a tip," Pam — who asked to go by her first name for privacy, but whose identity has been verified with Business Insider — said. Advertisement"I just don't think tipping is a good thing to do," Sandberg told BI. AdvertisementFor instance, Sandberg doesn't see tipping as necessary if he's buying something himself because "there's no extra service." "If I have to stand up to order my food or to buy my product, you're not getting a tip," Sandberg said. AdvertisementMeanwhile, there are services Pam doesn't tip for and ones she does.
Persons: , Pam, Pam —, It's, Ted Rossman, Rossman, I'm, Xers, culture's, it's, Pam isn't, Michael Sandberg, shouldn't, Sandberg, Tipping, Uber Organizations: Service, Pew Research, Business, Pew Research Center Locations: gratuities
Courtesy: EA SportsThe 2024 football season officially starts this weekend for many fans, as Electronic Arts rolls out a long-awaited revamp of its college football game. A new eraThe college football game, previously titled NCAA Football, was typically a smaller product for EA, at least compared to titles like Madden. Beyond the gameplay, the changes to the video game also reflect some massive shifts in college football itself, including the advent of the College Football Playoff. A decade ago, college football players had strict restrictions around making money outside of their scholarship. EA Sports College Football 25.
Persons: they've, Anthony Bencomo, Bencomo, Bill Long, Long, Eric Handler, Roth, Madden, Lucas Dolengowski, Dolengowski, Sports Bencomo, I've adulted Organizations: EA, EA Sports College Football, Electronic, XBox, PlayStation, Football, eBay, Sports, College Football, Sports What's Locations: Orlando, Sacramento, Madison , Alabama
US President Joe Biden speaks about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024. The U.S. Department of Education says it will pause millions of student loan borrowers' payments while it defends its relief plan against legal challenges. Borrowers enrolled in the Biden administration's new repayment plan, known as SAVE, will be placed "in an interest-free forbearance," according to a statement from U.S. Secretary of Education Miguel Cardona. "It's shameful that politically motivated lawsuits waged by Republican elected officials are once again standing in the way of lower payments for millions of borrowers," Cardona said. Before the legal challenges, the Education Department had already forgiven $5.5 billion in student debt for 414,000 borrowers through the SAVE Plan.
Persons: Joe Biden, Education Miguel Cardona, White, Biden, Cardona Organizations: Madison Area Technical College, U.S . Department of Education, Biden, Education, Republican, Finance, Education Department, SAVE Locations: Madison , Wisconsin, Arkansas, Florida, Missouri
US President Joe Biden speaks about student loan relief at Madison College in Madison, Wisconsin, on April 8, 2024. The Biden administration announced it will cancel $1.2 billion in student debt for 35,000 workers, as a result of its recent fixes to a popular debt relief program for public service workers. But the program has been plagued by problems, making people who qualified for the relief a rarity in the past. Under the Biden administration, the U.S. Department of Education gave borrowers a second chance to qualify, as long as they'd been making payments on their loans and working for an eligible employer. The Biden administration has so far cleared $69.2 billion in student debt for 946,000 borrowers under PSLF, according to the Education Department.
Persons: Joe Biden, Biden, Harris, Education Miguel Cardona, George W, Bush Organizations: Madison College, Biden, Public, Education, U.S . Department of Education, Education Department Locations: Madison , Wisconsin
7 fast-growing jobs that are desperate to hire
  + stars: | 2024-07-18 | by ( Madison Hoff | ) www.businessinsider.com   time to read: +1 min
Job-search platform Indeed published a list of fast-growing jobs without many people applying. Indeed's Gabrielle Davis said the list shows "new avenues for job seekers to consider." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNot all job postings get a lot of attention. Roles that are being overlooked by job seekers could be a new opportunity if they find one that fits their interests.
Persons: Indeed's Gabrielle Davis, Organizations: Service, Business
Known for his comedic timing, the "Bob Newhart Show" and "Newhart" star was one of the funniest men of the 20th century. Breaking through into comedy in the '50sYoung Bob Newhart initially didn't consider comedy a career. Over the next 11 years, he released seven more albums, including "Bob Newhart Faces Bob Newart" (1964) and "Best of Bob Newhart" (1971). Bob Newhart during the first season of "The Bob Newhart Show," performing one of his popular telephone jokes. "The Bob Newhart Show" and "Newhart"Newhart on "The Bob Newhart Show."
Persons: , Bob Newhart, Jerry Digney, Newhart, Bernard, Will Farrell, he'd, Young Bob Newhart, Gerald Smith, George Robert Newhart, James Thurber, Max Shulman, Fred Allen, Jack Benny, couldn't, Abraham Lincoln, Conan O'Brien, Abe Lincoln Vs, Dan Sorkin, Ed Sullivan, Bob Newart, Grace L, it's, Carol Burnett, Dean Martin, Sanford, Son, Bob Hartley, Roseanne, Variety, Gerald Ford, Dick Loudon, Ginnie, Rolling Stone, Cuoco, Monty Brinton, George, Leo, Bob, Arthur Jeffries, Sheldon Cooper, Sheldon fanboyed, Jeffries, Cooper, Proton, Sheldon, Virgina, Ginny, Quinn, Timothy, Jennifer, Courtney, Kirsten Acuna Organizations: Service, CBS, Business, Disney, Television Academy Foundation, NBC, NBCU, Getty Images, Television Academy, United States Army, Madison, ABC, Warner Bros . Records, AV, Getty, Warner Bros, Party, Ferguson, Peabody, Fox, Entertainment, Academy of Television Arts & Sciences Hall of Fame, Proton, Wars Locations: Oak Park , Illinois, Chicago, Vermont
Read previewFormer President Donald Trump said the Federal Reserve should not cut interest rates before the presidential election, according to an interview he did with Bloomberg Businessweek. The Federal Open Market Committee has two interest rate decisions scheduled before the election in July and September. "I think it's past time for them to cut interest rates," Zandi said. During a February interview with Fox News, Trump accused Powell of being "political" and planning interest rate cuts to coincide with the election. "I think he's going to do something to probably help the Democrats, I think, if he lowers interest rates," Trump said, adding that "it looks to me like he's trying to lower interest rates for the sake of maybe getting people elected."
Persons: , Donald Trump, Trump, Jerome Powell, Mark Zandi, Powell, Zandi, Claudia Sahm, Sahm, he's Organizations: Service, Federal Reserve, Bloomberg Businessweek, Business, Democratic, Federal, Reserve, Banking, Housing, Urban Affairs, Fed, New Century Advisors, Fox News, Stanford's Business, Government, Society, Trump, Wall Street
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