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☆ Stock market today: Dow soars 654 points as traders celebrate inflation data
▼ + stars: | 2024-07-26 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Encouraging inflation data stoked optimism that the Federal Reserve can cut interest rates in September. That changed Friday, as encouraging inflation data injected new life into the rally. Advertisement"Next week we expect [Fed Chair Jerome] Powell to set the table for future rate cuts, speaking confidently about progress bringing inflation down. According to the CME FedWatch Tool, the market no longer expects the Federal Reserve to keep rates steady in September. The market also forecasts high chances that the Fed will slash rates by up to 75 basis points through December.

Persons: Russell, —, Jerome, Powell, David Donabedian, Chris Zaccarelli, Dexcom Organizations: Federal, Service, PCE, CIBC Private Wealth, Reserve, Independent, Alliance Locations: Here's, –

☆ Markets now pricing in three rate cuts before the end of the year following better inflation news
▼ + stars: | 2024-07-26 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Improving news on inflation again has raised investors' hopes that the Federal Reserve soon will start to aggressively lower interest rates. Futures market pricing now indicates that while the Fed will remain on hold at next week's policy meeting, it will commence cutting in September and move again in November and December. The market-implied probability for a September cut nudged up to about 90% Friday morning, according to the CME Group's FedWatch Tool that measures fed funds futures pricing. Traders in early 2024 were pricing in at least six cuts this year, but the central bank's rate-setting group has remained on hold for a year. Following the two-day meeting that concludes next Wednesday, the Fed meeting schedule is empty for August, save for the all-important annual conclave in Jackson Hole, Wyoming.

Persons: Joseph Brusuelas, —, Jerome Powell, Christopher Waller Organizations: Federal Reserve, Friday's Commerce Department, RSM, Traders, Federal Open, Fed Locations: Jackson Hole , Wyoming

☆ Small caps are finally getting their moment in the sun. Here's why managers think the rally can last
▼ + stars: | 2024-07-25 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

Instead, small caps spent the first half of this year doing what they've been doing for the last decade: falling behind. The Russell 2000 Value was up 10%, while the Russell 2000 having gained 11%. A sustainable rally Small caps have underperformed for roughly the last decade, but they've typically done better historically. Meanwhile, Teton Westwood's Galluccio thinks it can last much longer: "I think small caps stand to outperform for the next three years." "The last decade was the first time in many, many years when small caps underperformed, leading the talking heads to say that quality, quality, quality is large-cap growth.

Persons: Jerome Powell, they've, Russell, Nicholas Galluccio, It's, You've, I've, Mike Rode, Rode, Galluccio Organizations: Federal, TW Smallcap Equity, Fama, Investments, Panasonic, LSEG Locations: Fama French, De Soto , Kansas

☆ Kamala Harris wants to be America’s first Silicon Valley president. She has tech’s support
▼ + stars: | 2024-07-25 | by ( Clare Duffy | ) edition.cnn.com time to read: +5 min

New York CNN —With Vice President Kamala Harris the front runner to receive the Democratic Party’s nomination for president, America’s most powerful industry is set to have a candidate on the ballot from its home turf. Harris’ failed 2020 presidential bid received support from various tech luminaries, including Salesforce CEO Marc Benioff and legendary venture capitalist Ron Conway. Despite her friendly relationships with the industry’s leaders, Harris has also pushed for tech accountability in key areas. As vice president, Harris has taken a key role in the White House around establishing safety measures for artificial intelligence, which is widely viewed as the most consequential new technology in decades. In an interview with CNN, Hoffman added: “In Silicon Valley, actually there’s many threads that are very excited about her.

Persons: Kamala Harris, Harris, Sheryl Sandberg, Reed Hastings, Melinda French Gates, Donald Trump’s, Elon Musk, “ There’s, Biden, ” Aaron Levie, “, ” Harris, Sean Parker, she’s, Steve Jobs ’, Laurene Powell Jobs, Harris ’, Marc Benioff, Ron Conway, Mark Zuckerberg, ” Jeffrey Sonnenfeld, Trump Harris, Trump, ” Sonnenfeld, I’ve, didn’t, ” Levie, “ Kamala Harris, Reid Hoffman, Hoffman, …, – CNN’s Matt Egan Organizations: New, New York CNN —, Democratic, Bay Area, Netflix, White, CNN, Cambridge, OpenAI, Google, Microsoft, Yale School of Management, Trump Locations: New York, Oakland , California, California, White, Silicon Valley, Silicon

☆ It may already be too late for the Fed to stop a recession, former central bank president says
▼ + stars: | 2024-07-25 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

"Although it might already be too late to fend off a recession by cutting rates, dawdling now unnecessarily increases the risk," the former New York Federal Reserve President said. But to Dudley, even this is too late, and central bankers would do better to pivot rates at next week's policy meeting. AdvertisementAccording to Dudley, this slowdown points to fewer jobs down the road, and an uptick in unemployment could set off a near-certain recession indicator: the Sahm Rule. Despite this, Dudley suggested that the Fed might not be as concerned about breaching the Sahm Rule as it should be. According to Dudley, there are two other reasons the Fed may be waiting for September to cut rates.

Persons: —, Bill Dudley, dawdling, Dudley, Jerome Powell, Claudia Sahm, I'm Organizations: Service, Bloomberg, New York Federal, Business, Fed Locations: Dudley

Trump, the Republican nominee for president, has raised more than $4 million from a mix of digital tokens, a campaign aide told CNBC. At least 19 donors contributed more than $2.15 million bitcoin to the committee, the filing shows. Brian Hughes, a Trump campaign aide, said that of the more than $4 million in crypto raised, most of it arrived in bitcoin. "While the Biden-Harris Administration stifles innovation with more regulation and higher taxes, President Trump is ready to encourage American leadership in this and other emerging technologies." Thus far, it appears the Trump campaign is mostly converting these contributions immediately to USDC and then liquidating the donations.

Persons: Donald J, Trump, Bill Pugliano, Donald Trump, Tyler, Cameron Winklevoss, Mike Belshe, Tyler Winklevoss, Eva Marie Uzcategui, he's, Marc Andreessen, Ben Horowitz, Brian Hughes, Kamala Harris, Hughes, Harris, shiba inu, Jesse Powell, Stuart Alderoty, Alderoty, David Sacks, Ryan Selkis, Sen, Elizabeth Warren, Warren, Ohio Sen, JD Vance, Vance Organizations: Van, Getty, NASHVILLE, Republican, CNBC, U.S, Trump, Republican National Committee, State Department, Gemini Trust, Bloomberg, Solana, Bitcoin, Music City Center, Democratic, Biden, Harris Administration, IRS, Libertarian National Convention, Ohio, Biden White, SEC Locations: Grand Rapids , Michigan, Tennessee, bitcoin, Miami , Florida, U.S, Nashville, San Francisco, USDC, Washington, Lago, Florida

☆ Stephen Colbert Wants a Kamala Harris-Glen Powell Ticket
▼ + stars: | 2024-07-25 | by ( Trish Bendix | ) www.nytimes.com time to read: 1 min

Welcome to Best of Late Night, a rundown of the previous night’s highlights that lets you sleep — and lets us get paid to watch comedy. Here are the 50 best movies on Netflix right now. Four More Abs! Vice President Kamala Harris raised more than $100 million ahead of her first campaign rally in Wisconsin on Tuesday. “That means that Kamala Harris had a bigger opening weekend than ‘Twisters,’” Stephen Colbert said on Wednesday’s “Late Show.”

Persons: Abs, Kamala Harris, ‘, ’ ” Stephen Colbert, Wednesday’s, ” Organizations: Netflix Locations: Wisconsin

Israeli Prime Minister Benjamin Netanyahu addresses a joint meeting of Congress on Wednesday, July 24. But by the end of his speech, it was clear the Israeli prime minister had focused far more on fighting until victory in Gaza than brokering a ceasefire deal. “Give us the tools we need, and we will finish the job,” Netanyahu urged members of Congress. Netanyahu also claimed there were “practically” no civilian casualties during Israeli military operations in Rafah. That is unquestionably false: Multiple strikes in Rafah have resulted in civilian casualties.

Persons: Benjamin Netanyahu, Kent Nishimura, Benjamin Netanyahu’s, ” Netanyahu, “, ”, “ Israel, Netanyahu, Joe Biden, Donald Trump, – Organizations: Republicans, CNN, Israel Locations: Gaza, –, Israel, Rafah

Democrats on Wednesday adopted the rules the party will use to choose their presidential nominee, with voting to officially nominate Kamala Harris likely to begin August 1. The party has said its goal is to nominate its presidential and vice presidential candidates by August 7 to avoid the possibility of litigation over ballot access in Ohio. That could be determined by a candidate either winning enough votes during remote balloting or gathering a sufficient number of signatures. After a presidential candidate is nominated, the rules allow the nominee to name a running mate without the need for additional remote voting. While the ceremonial presidential vote will be conducted as a roll call, the vote for vice president is likely to be a voice vote.

Persons: Kamala Harris, Harris, superdelegates – Organizations: Wednesday, Democratic National, Democratic Locations: Ohio, Chicago

AdvertisementSpeed and ease — that's how generative AI is changing the game for finance professionals. In a survey of 780 banking and capital-markets employees by Accenture Research, 62% of respondents expect generative AI to increase people's stress and burnout. "Employees with AI skills will replace people without AI skills," Andrew Chin, the chief AI officer at the $759 billion money manager AllianceBernstein, told BI. AdvertisementA data scientist at a midsize hedge fund told BI that generative AI models are a "superpower for coders." The firm's ultimate aim is to use generative AI to replicate the success of its best bankers for all advisors.

Persons: Christina Melas, Rowe Price's Sébastien, Eric Burl, Alyssa Powell, Thomas H, Lee, Keri Smith, Smith, Ken Griffin, They've, Goldman Sachs, Marco Argenti, Argenti, It's, I've, drudge, Andrew Chin, AllianceBernstein, Lisa Donahue, Donahue, Jobs, who's, He's, he'd, ChatGPT, Accenture's Smith Organizations: Bain Capital Ventures, Management, Business, Bain Capital, Man Group, Accenture Research, Finance, Wall Street, Blackstone, Sigma, Citadel, Milken Institute Global Conference, Excel, Accenture, Northern Trust, Citibank, Citi, JPMorgan Locations: New York City, New York

☆ Men’s basketball at the 2024 Paris Olympics: NBA player list, how to watch and Team USA’s top threats
▼ + stars: | 2024-07-24 | by ( Mike Prada | ) www.nytimes.com time to read: +16 min

The 2024 men’s Olympic basketball tournament at the Paris Games is overflowing with star power — and not just from Team USA. Even South Sudan, the lowest-ranked team in the tournament, proved its mettle by nearly upsetting Team USA in a tune-up matchup last weekend. White was a member of the 2019 FIBA World Cup team, while Edwards and Haliburton made their debuts at the 2023 FIBA World Cup. Twenty-seven of the 30 NBA teams will have at least one player participating in this tournament. Can Team USA do it again in 2024?

Persons: Seth, Giannis Antetokounmpo’s, LeBron James, Stephen Curry, Nikola Jokić, Team USA’s, Pierre Mauroy, It’s, James, Joel Embiid, Joel, Grant Hill, Curry, Embiid, Kevin Durant, Anthony Davis, Jayson Tatum, Kawhi Leonard, Anthony Edwards, Devin Booker, Bam Adebayo, Tyrese Haliburton, Leonard, Boston Celtics ’ Derrick White, Durant, Haliburton, Tatum, Holiday, Booker, Adebayo, Embiid Curry, Tatum James, Edwards Booker, Edwards, Davis, Jordi Fernandez, Shai Gilgeous, Alexander, he’s, Jamal Murray, Dillon Brooks, RJ Barrett, Zach Edey, Dwight Powell, Kelly Olynyk, Victor Wembanyama, Wembanyama, Rudy Gobert, Bogdan Bogdanović, They’ll, Dennis Schröder, Franz Wagner, Antetokounmpo, Patty Mills, Joe Ingles, Matthew Dellavedova, Josh Giddey, Josh Green, Dyson Daniels, — Rudy Fernández, Willy Hernangomez, Santi Aldama, we’re, Bruno Caboclo, ESPN’s Fran Fraschilla, Jose Alvarado —, Rui Hachimura, Luol Deng, Dante Exum, Jock Landale, Duop, Gui Santos, Luguentz Dort, Andrew Nembhard, Nickeil Alexander, Walker, Trey Lyles, Evan Fournier, Nicolas Batum, Bilal Coulibaly, Mo Wagner, Daniel Theis, Giannis Antetokounmpo, Jose Alvarado, Nikola Jović, Vasilije Micić, JT Thor, Usman Garuba, ’, We’ll, Giuseppe Cacace Organizations: Paris Games, Paris, Team USA, Luka Dončić’s, France, Germany, USA, Australia, CNBC, Team, Serbia, Pierre, Bercy Arena, NBA, NBC, South, Telemundo, Universo, The Philadelphia 76ers, U.S, USA Basketball, Tyrese, Boston Celtics, Embiid, BetMGM, Brooklyn Nets, Jordi Fernandez . Oklahoma City Thunder, Denver Nuggets, Houston Rockets, Toronto Raptors, Grizzlies, San Antonio Spurs, Minnesota Timberwolves, Atlanta Hawks, FIBA, Veteran NBA, Orlando Magic, Bahamas, New Orleans Pelicans, Los Angeles Lakers, Cleveland Cavaliers, Utah Jazz, New York Knicks, Timberwolves, Blazers, Mavericks, Spurs, Pistons, Tominaga, Pelicans, Olympic Locations: Giannis Antetokounmpo’s Greece, Luka Dončić’s Slovenia, London, Abu Dhabi, U.S, Canada, Serbia, South Sudan, Spain, Lille, France, Paris, Australia, Spain Germany, Japan France, Brazil Greece, Sudan, Puerto Rico Serbia, Greece Canada, Australia Japan, France Brazil, Germany, Puerto Rico, Serbia USA, Japan, Brazil Australia, Spain France, USA Serbia, USA, Greece, Brazil, Cameroon, Edwards, Tokyo, Haliburton, Holiday, Jordi Fernandez ., Nigeria, Valencia, ” Puerto Rico, Tremont Waters, . Puerto Rico

☆ Glen Powell confirms that 'Top Gun 3' is in the works after the last movie made almost $1.5 billion. Here's what we know so far.
▼ + stars: | 2024-07-23 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +4 min

Read previewGlen Powell has confirmed that another "Top Gun" sequel is on its way after the unexpected billion-dollar success of "Top Gun: Maverick." Since 2022, there have been talks of another "Top Gun" movie, including reports of a spinoff focusing on Teller's Rooster character. Representatives for Powell, Cruise, and Paramount Pictures did not immediately respond to a comment request from Business Insider. Considering the success of "Top Gun: Maverick," another sequel could be a big win for Paramount, Cruise, and all the stars involved. Cruise, Powell, and Teller would likely return for another 'Top Gun' sequelGlen Powell had his breakout role in "Top Gun: Maverick."

Persons: —, Glen Powell, Tom Cruise, Jerry Bruckheimer, Miles Teller, Powell, Cruise, Teller, Bradley, Bradshaw, Nick, Goose, Anthony Edwards, Pete, Maverick, Mitchell, ScreenRant, Tom, Jake, Ehren Kruger, Kruger, Puck, David Ellison, Joseph Kosinski Organizations: Service, Paramount Pictures, Business, Paramount, Cruise, Entertainment, Variety

☆ 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

☆ Treasury yields slip as investors weigh state of economy
▼ + stars: | 2024-07-23 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the yield on the 10-year Treasury was down by over one basis point to 4.2427%. The yield on the 2-year Treasury was last over one basis point lower to 4.5105%. U.S. Treasury yields were slightly lower on Tuesday as investors considered the outlook for the U.S. economy ahead of key data slated for the week. Investors awaited the latest economic data as they assessed the state of the U.S. economy and what this could mean for monetary policy decisions by the Federal Reserve. Markets are not expecting interest rates to be cut then but are anticipating clues about a timeline for monetary policy being loosened.

Persons: Jerome Powell Organizations: Treasury, U.S, Investors, Federal Reserve, Richmond Fed, Fed, Traders Locations: U.S

☆ A storm chaser on what 'Twisters' gets right and wrong
▼ + stars: | 2024-07-23 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +6 min

Jen Walton, a storm chaser from Denver, has already seen the new film twice and loved many of the nods to the original movie, the accuracy of the tornado science, and the appreciation for storm chasers. But eventually, she got over her fear and has been chasing storms for the last six years. AdvertisementIt mostly happens in Texas and Oklahoma, where storm chasing is the most popular, she said. Many may not remember the 2013 El Reno storm when four storm chasers were killed, she said. That's why Girls Who Chase, the initiative Walton started to support women in STEM fields, offers Storm Chasing 101.

Persons: —, Jen Walton, Walton wasn't, Daisy Edgar, Jones, Tyler, Glen Powell, Melinda Sue Gordon, Amblin Entertainment Walton, Glen, Tyler Owens, Walton, Sue Ogrocki, Owens, Katie Carter, she's, Chase Organizations: Service, Business, Universal Pictures, Warner Bros . Pictures, Amblin Entertainment, YouTube, Storm, El Locations: Denver, Oklahoma, Texas, El Reno

☆ The most luxurious pieces Glen Powell and Daisy Edgar-Jones have worn on their 'Twisters' press tour
▼ + stars: | 2024-07-22 | by ( Amanda Krause | ) www.businessinsider.com time to read: +1 min

Glen Powell and Daisy Edgar-Jones are turning heads with their style while promoting "Twisters." Powell has been sporting luxury accessories from Tag Heuer and Tom Ford on red carpets. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement"Twisters" is having one of the most glamorous press tours of the year — and it's all thanks to Glen Powell and Daisy Edgar-Jones. This story is available exclusively to Business Insider subscribers.

Persons: Glen Powell, Daisy Edgar, Jones, Powell, Tom Ford, Cartier, — Organizations: Gucci, Service, Business

☆ President Joe Biden ended his reelection bid. What's next?
▼ + stars: | 2024-07-22 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

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

☆ 'Twisters': Bill Paxton's Son James Has Cameo
▼ + stars: | 2024-07-22 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +1 min

Bill Paxton starred in the original "Twister" movie in 1996. His son, James, makes a cameo in the sequel, "Twisters," to pay homage to his father, who died in 2017. "I did this one for Dad," James Paxton told Entertainment Weekly. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThough "Twisters" doesn't feature any of the stars from the 1996 blockbuster "Twister," the legacy sequel has a cameo that pays homage to the original — if you look closely.

Persons: Bill Paxton, James, James Paxton, —, Kate, Daisy Edgar, Jones, Tyler, Glen Powell Organizations: Entertainment, Service, Business

When the Federal Reserve adjusts the federal funds rate, the decision affects banking products. It holds eight meetings annually, and one of the primary topics discussed is the federal funds rate. As a consumer, you'll see that changes to the federal funds rate impact banking products. The Federal Reserve raised the federal funds rate several times in 2023 to combat inflation, which is why savings rates are still competitive in mid-2024. If the Fed raises interest rates, interest rates on banking products will likely be impacted.

Persons: aren't, Jerome Powell, Banks, it's Organizations: Fed, Federal Reserve, Market, Governors, Federal Reserve Bank of New York, Bank, Reserve Bank, Market Committee, Chevron

☆ How Biden's unpopular economic record could be a challenge for Kamala Harris
▼ + stars: | 2024-07-22 | by ( Jeff Cox | ) www.cnbc.com time to read: +7 min

As the frontrunner for the Democratic party's nomination, Kamala Harris will have to run, for better or worse, on President Joe Biden's economic record. It will be just one challenge Harris will have to overcome to defeat her Republican opponent, former President Donald Trump . Despite historically low unemployment and macro growth that has defied long-held expectations for recession, the economy is Biden's soft spot. "I don't see a lot of daylight between her views on economic policy and those of the administration," said Mark Zandi, chief economist at Moody's Analytics , a Democrat who has advised administrations of both parties. Possible change at the Fed One area of difference between Biden and Harris could be a crucial one — the Federal Reserve.

Persons: Kamala Harris, Joe Biden's, Biden, Harris, Donald Trump, She's, Greg Valliere, she's, There's, Mark Zandi, Zandi, nonfarm, Joseph LaVorgna, Biden's, Trump, Jerome Powell, Powell, reappoint Powell Organizations: Democratic, Biden, Republican, AGF Investments, Reuters, Moody's, Democrat, Economic Council, Nikko Securities, Federal Reserve, Senate, Beacon, Advisors Locations: California

Former US President Donald Trump told Ukrainian President Volodymyr Zelensky “not to believe the ‘fake news’” that his possible reelection would help Russia, the Ukrainian president’s press secretary said Saturday. The two also talked about the latest Russian attacks on Ukraine and “agreed in principle” to hold a joint meeting, he said. The phone call between Trump and Zelensky marked their first conversation since the former president left the White House, and came the day after Trump formally accepted the Republican Party’s nomination for president. Trump’s newly minted running mate, Ohio Sen. JD Vance, is a staunch critic of sending support to Ukraine. Trump on Friday said he “had a very good phone call” with Zelensky, while the Ukrainian president said he wished Trump “strength and absolute safety in the future,” and “noted the vital bipartisan and bicameral” US support for Ukraine.

Persons: Donald Trump, Volodymyr Zelensky “, Serhiy Nikiforov, ”, Trump, —, ” Nikiforov, “, Ohio Sen, JD Vance, Zelensky, Germany — Organizations: Ukrainian, Trump, White, Republican, Ukraine Locations: Russia, Ukrainian, Ukraine, Moscow, Ukraine’s, United States, Germany, Kyiv

☆ Why 'Twisters' star Glen Powell is going back to college: 'I'm so close, I can taste it'
▼ + stars: | 2024-07-20 | by ( Nicolas Vega | ) www.cnbc.com time to read: +3 min

Powell attended his hometown University as a teenager, but dropped out to pursue his dream of making it in Hollywood. As he prepares to shoot his newest movie in London, Powell is fitting classes into his schedule. "I'm not going to be sitting in class with other students on the regular," Powell explained. With just a few credits separating him from joining the rest of his family as a UT alumnus, Powell isn't going to let Hollywood stardom stop him. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: you've, Tom Cruise, Sydney Sweeney, Glen Powell, Edgar Wright's, Powell, Edgar, Wright, I'm, Powell isn't Organizations: University of Texas, hometown University, Hollywood Reporter, UT Austin, university's Moody College, OU, Longhorn, Hollywood, CNBC Locations: Austin, Hollywood, London, Texas

☆ Insider Today: Italian reno nightmare
▼ + stars: | 2024-07-20 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +6 min

On the agenda:This story is available exclusively to Business Insider subscribers. You are presented with this mapped-out series of days," Travelzoo's senior editor Gabe Saglie told Business Insider. AdvertisementIf you're convinced, one travel planner rounded up the best all-inclusive resorts of 2024. After remodeling a dusty old Italian apartment and sharing the results on social media, they received some unexpected backlash. More of this week's top reads:The Insider Today team: Joi-Marie McKenzie, editor in chief of life, in New York.

Persons: —, she's, Wahoo, Travelzoo's, Gabe Saglie, Terri Peters, Saint, Victoria Craparotta, Flavio Fabiani, Craparotta, Alyssa Powell, Crispin la valiente, Jenny Chang, Rodriguez, didn't, Bradley Carroll, Carroll, Rachel Katzman, Stephen Pasterino, Katzman, Abigail, Kai, Rebecca Zisser, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan, Amanda Yen Organizations: Service, Business, Northeast, BI, Netflix, CBS, Samsung, Universal Locations: Saint Vincent, Grenadines, Rome, New York, New York City

☆ ‘Twisters’ and the Appeal of the Sequel
▼ + stars: | 2024-07-20 | by ( Melissa Kirsch | ) www.nytimes.com time to read: +2 min

That movie is “Twister,” the story of a lovably eclectic band of tornado chasers who follow soon-to-be-divorced Bill Paxton and Helen Hunt right into the eye of many storms. We got cows.”One friend said she watched it every single time she happened upon it on cable. As Janet Maslin wrote in The Times when the movie came out, “Somehow ‘Twister’ stays as uptempo and exuberant as a roller-coaster ride, neatly avoiding the idea of real danger.”This week, “Twisters,” a sequel to “Twister,” directed by Lee Isaac Chung, arrived in theaters. I didn’t have a deep-rooted relationship with the original film, but, fresh off my positive viewing experience, I didn’t feel like I needed another chapter. Why can’t we just make one good thing and then make another new thing that’s also good?

Persons: Bill Paxton, Helen Hunt, Philip Seymour Hoffman, Dorothy ”, Julia, Hoffman, Alan Ruck, Jami Gertz, Lois Smith, Todd Field, I’d, Janet Maslin, ’, “, ”, Lee Isaac Chung, Glen Powell, Charlie Organizations: Times

☆ Glen Powell pays tribute to late ‘Twister’ star Bill Paxton as sequel releases
▼ + stars: | 2024-07-20 | by ( Dan Heching | ) edition.cnn.com time to read: +1 min

CNN —Amid celebration around the release of his new movie “Twisters,” Glen Powell took a moment to honor an acting “legend” who came before him. The “Hit Man” star posted a picture of himself alongside late actor Bill Paxton – who starred in the 1996 film “Twister” – on X on Friday. “As we release Twisters into the world today, I just wanted to look up and tip my hat to the legend that is Bill Paxton,” Powell wrote in the caption. Powell and Paxton costarred in the 2013 film “Red Wing,” which also featured the late Luke Perry. They joined Luke Combs on stage at his performance at MetLife Stadium in New Jersey to “shotgun” a few beers.

Persons: ” Glen Powell, ”, Bill Paxton –, Bill Paxton, ” Powell, “, Powell, Paxton costarred, Luke Perry, Paxton, Helen Hunt, James Cameron, Daisy Edgar, Jones, Anthony Ramos, Luke Combs Organizations: CNN, MetLife Locations: New Jersey

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