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For Brandon Mintz, it was the text messages and calls that started rolling in from friends and colleagues asking how high bitcoin prices could go. Strategic reserve could set off 'bitcoin space race'Under this idea, the U.S. would establish a “strategic bitcoin reserve,” like the ones it already maintains for gold and oil. A day later, Trump echoed the strategic reserve idea, though did not put a specific figure on it. On Nov. 6, Lummis posted on X in all-caps, “WE ARE GOING TO BUILD A STRATEGIC BITCOIN RESERVE,” alongside two American flags. For crypto supporters, a strategic bitcoin reserve would send a signal to markets and countries alike about the digital token’s value.
Persons: Brandon Mintz, Lee Bratcher, Donald Trump’s, Bratcher, , Trump’s, , Mintz, ” Mintz, they’ve, , Ric Edelman, ” Edelman, JP Richardson, Trump, Nicholas Percoco, ” Percoco, , Robert F, Kennedy Jr, Human Services —, Sen, Cynthia Lummis, Lummis, David Bailey, Michael Terpin, , ” Terpin, He’s Organizations: American Blockchain, Republican, Texas Blockchain, NBC News, FBI, Trump, Securities and Exchange Commission, Commodity Futures Trading Commission, Edelman Financial Services, Liberty, Strategic, Bitcoin Conference, Department of Health, Human Services, Social Security, BTC Inc, Bitcoin Locations: Texas, Dallas, Bitcoin, bitcoin, U.S, Nashville
President-elect Donald Trump is expected to nominate Sen. Marco Rubio of Florida for secretary of state in his administration in the coming days, according to three sources familiar with the selection process. Foreign policy is one of the few areas in which there is a deep philosophical disagreement among Trump's base. But there remains a different strain of foreign policy thinking among even prominent Trump supporters. Even though Rubio is an avowed Trump supporter, the perception is that he was one of the "less MAGA" options, a Trump ally told NBC News. Trump had considered Rubio as a running mate before he ultimately chose Sen. JD Vance, R-Ohio.
Persons: Donald Trump, Sen, Marco Rubio, Trump, wouldn't, Rubio, , Marco, he’s, “ He’s, , Ric Grenell, Trump’s, Grenell, JD Vance, Ron DeSantis, Lee Zeldin, Mike Waltz, Susie Wiles, Tom Homan Organizations: New York Times, Trump, NBC News, Foreign Relations, State, State Department, Florida Gov, White Locations: Marco Rubio of Florida, China, Ukraine, Germany, R, Ohio, Florida
CNN —President-elect Donald Trump is likely to pick Florida Sen. Marco Rubio as his secretary of state, two people familiar with his thinking told CNN, as he rounds out his national security team in a second term. Given his deep foreign policy experience and that he sits on both the Senate Intelligence Committee and the Foreign Relations Committee, the State Department seemed like a good fit for Rubio. The Florida senator, a China hawk and finalist for Trump’s VP, was a constant on the campaign trail during Trump’s third presidential run. In 2016, Rubio and Trump’s relationship seemed it may be beyond repair when in the closing days of his campaign, Rubio publicly attacked Trump, saying he wasn’t going to “make America great. But since, Rubio and Trump’s relationship has not only thawed, it has strengthened.
Persons: Donald Trump, Florida Sen, Marco Rubio, Trump, Rubio, Ric Grenell, Grenell, Susie Wiles, Trump’s, He’s, , Jack Forrest, Lauren Fox, Steve Contorno Organizations: CNN, Florida, New York Times, Trump’s Cabinet, Senate Intelligence, Foreign Relations, State Department, Republican, Senate Intelligence Committee, Republican Party Locations: Florida, Germany, China, Washington, TikTok
Shares of U.S. Cellular and Telephone and Data Systems may be due for more gains following President-elect Donald Trump's victory, according to Raymond James. Its $86 price target for U.S. Cellular reflects 32% upside, while Telephone and Data Systems' target of $51 implies more than 56% upside, as of Wednesday's close. Analyst Ric Prentiss thinks Trump's win signals a weaker regulatory environment that could ultimately pave the way for T-Mobile's $4.4 billion acquisition of most of U.S. Cellular to go through . TDS USM 6M mountain TDS vs. USM, six-months Both stocks have had a positive run this year, with shares of U.S. Cellular seeing gains of nearly 57% and Telephone and Data Systems advancing more than 77% year to date. The stocks have had an even bigger run in the past six months, surging around 83% and more than 111%, respectively.
Persons: Donald Trump's, Raymond James, Ric Prentiss, Prentiss Organizations: U.S . Cellular, Telephone, Data Systems, U.S, Cellular, USM
Our NFL writers addressed these topics and more in making one prediction for every team heading into the season’s second half. The fourth-year back is on pace to finish with 1,256 yards, which would be the fourth-highest total in team history. Every other NFL team has put a player in at least one of those categories during that stretch — and most teams have checked both boxes. Minnesota has one of the most productive defenses in the NFL and an offense loaded at the skill positions. And the Eagles have managed to win games despite bad luck and bad decisions.
Persons: — Doug Haller Kirk Cousins, Cousins, Joe Burrow, Burrow, Cousins ’, — Josh Kendall, Kirk Cousins, Lamar Jackson, Jackson, he’s, Jared Goff, Jayden Daniels, Josh Allen, Saquon Barkley, Derrick Henry, Jeff Zrebiec Khalil Shakir, Shakir, — Joe Buscaglia, Chuba Hubbard, Panthers haven’t, Christian McCaffrey, Hubbard, Jonathon Brooks, Dave Canales, — Joseph Person, Caleb Williams, Quinn Harris, Goff, — Adam Jahns, There’s, — Paul Dehner Jr, Watson, Dee Haslam, — Zac Jackson, — Zac Jackson Dallas Cowboys Brandon Aubrey, Aubrey, Bryan Anger, Cooper Rush, Aubrey doesn’t, — Saad Yousuf, Courtland, Sutton, Phillip Lindsay squeaked, wasn’t, Bo Nix, Nick Kosmider, Ben Johnson’s, Aidan Hutchinson, Brian Branch, Kerby Joseph, Za’Darius Smith, — Colton, Xavier McKinney, McKinney, hasn’t, Kyler Murray, Stroud, Ryan Downard, Downard, McKinney texted Downard, Green, ” Downard, — Matt Schneidman, — Mike Jones, — Mike Jones Indianapolis Colts Anthony Richardson, Shane Steichen, Richardson, Joe Flacco, — James Boyd, Doug Pederson doesn’t, it’ll, Trevor Lawrence’s, — Jeff Howe, Hopkins, David Eulitt, Kansas City Chiefs DeAndre Hopkins, Xavier Worthy, Travis Kelce, Patrick Mahomes, Nate Taylor, Antonio Pierce, Mark Davis, Pierce, , ” Davis, He’s, It’s, Vic Tafur, Tashan Reed, Tashan Reed Los Angeles Chargers Justin Herbert, Herbert, — Daniel Popper, Jonah Jackson, Steve Avila, Puka, Matthew Stafford, Kyren Williams, — Jourdan, Tua Tagovailoa, they’re, Jim Ayello, Kevin O’Connell, Brian Flores, — Alec Lewis Drake Maye, Drake Maye, Williams, New England’s, Chad Graff, Sean Payton, Mike Ditka, Dennis Allen, Darren Rizzi, Hurricane Katrina, Payton, Drew Brees, — Larry Holder, Daniel Jones, Jones, Brian Daboll, — Charlotte Carroll Davante Adams, Joe Sargent, wouldn’t, Woody Johnson, Aaron Rodgers, Davante Adams, Jeff Ulbrich, Zack Rosenblatt, Nick Sirianni, — Brooks, Watt, Pro Bowler, Minkah Fitzpatrick, Arthur Smith, Russell Wilson, Mike Tomlin, — Mike DeFabo, — Matt Barrows, DK Metcalf, Julian Love, Devon Witherspoon, Geno Smith, Metcalf, Smith, Love, Witherspoon, Riq, Leonard Williams, Boye Mafe, Ken Walker III, that’s, Michael, Shawn Dugar, Shawn Dugar Tampa Bay Buccaneers Mike Evans, Evans, Chris Godwin, Jerry Rice’s, — Dan Pompei, — Dan Pompei Tennessee Titans Will Levis, Levis ’, — Joe Rexrode Washington, Mike Sainristil, PFF, Sainristil, Emmanuel Forbes Jr, Michael Davis, Malik Nabers, Noah Igbinoghene, Marshon Lattimore, Benjamin St, Juste, — Ben Standig, Dan Goldfarb, Khalil Shakir, Perry Knotts, Cooper Neill, Ric Tapia Organizations: NFL, NFC, Cardinals, West, Bengals, Falcons, Panthers, Bears, Lions, Soldier, — Adam Jahns Cincinnati Bengals Bengals, Chargers, Broncos, Titans, Browns, Cowboys, AFC, Colts, Cincinnati, Denver, Steelers, Cleveland Browns Browns, — Zac Jackson Dallas Cowboys, T, Saints, Nick Kosmider Detroit Lions, Detroit, Chiefs, Giants, Pro, Packers, Texans, C.J, Jaguars, — Matt Schneidman Houston Texans Houston, AFC South, Dallas, Kansas City, Tennessee ., Houston, — Mike Jones Indianapolis Colts, Flacco, — James Boyd Jacksonville Jaguars Jacksonville, — Jeff Howe Chiefs, Kansas City Chiefs, Buccaneers, Raiders, Tashan Reed Los Angeles Chargers, — Daniel Popper Los Angeles Rams Rams, Rams, Miami, Seattle, Los Angeles, Miami Dolphins, Dolphins, Vikings, Patriots, New, Williams ’ Chicago Bears, Our NFL, New Orleans Saints, Getty, Jets, Eagles, NFC East, Washington, Philadelphia, The Eagles, Ravens, Pittsburgh Steelers, Fame, Pittsburgh, San Francisco 49ers, 49ers, The Rams, Arizona Cardinals, Pro Bowler, Seahawks, Pro Bowlers, Derick, Shawn Dugar Tampa Bay Buccaneers, Bucs, — Dan Pompei Tennessee Titans, Sunday’s Locations: Arizona, Green, San Francisco, Detroit, Los Angeles, Cleveland, takeaways, Dallas , Tennessee, Jacksonville, Miami, Baltimore, Indianapolis, Khan’s, Los, Scoop, Minnesota, Carolina . New Orleans, New Orleans, Tampa, Philadelphia, Washington, T.J, Levi’s, Metcalf, Levis
Juan Diego Reyes for NBC NewsLara Trump, co-chair of the Republican National Committee and daughter-in-law of the former president, was among the speakers. There were no rainbow flags in the half-empty Charlotte ballroom where the Trump UNITY event took place. Headliners have included conservative influencers, Republican officials and Trump family members Lara Trump, Donald Trump Jr. and Marla Maples, the former president’s second wife. Trump has not attended any of the LGBTQ-led Trump UNITY events himself. In his speech on Tuesday, Grenell said that none of the speakers were paid to speak at the Trump UNITY events.
Persons: CHARLOTTE, Donald Trump, “ I’m, , Gage West, , Lara Trump, Juan Diego Reyes, NBC News Lara Trump, didn’t, Trump, influencers, Donald Trump Jr, Marla Maples, Andrew Wheeler, Matthew Whitaker, National Intelligence Ric Grenell, Matt Gaetz, Aaron Schock, Richard Grenell, Trump’s, Grenell, Bill White, ” White, NBC News White, Don Webber, We’ve, ” Webber, ” Don Webber, NBC News Rob Smith, Black, ” Smith, Smith, ” Charles Moran, Rob Smith, “ It’s, ” Moran, Moran, Kamala Harris, Brandon Wolf, Harris, ” Wolf, Biden, Kamala Harris ’, NBC News Harris, Sam Alleman, “ Donald Trump’s, fundraised, Melania Trump Organizations: NBC News, Republican National Committee, RNC, NBC News Trump, Republican, Environmental Protection Agency, National Intelligence, Trump, NBC, Charlotte, , Black Trump, Conservative, Gallup, U.S ., Democratic Locations: N.C, Charlotte, Georgia , Wisconsin, Michigan, Congress, Palm, U.S, Philadelphia, Pittsburgh, Arizona, Nevada
Ford Motor — The automaker jumped 2.3% after Goldman Sachs upgraded shares to buy from neutral. CVS Health – Shares rose 2% after CNBC, citing people familiar with the matter, reported that CVS is working with advisors on a strategic review of its business. Clorox — Shares of the household supplies company rose more than 1.5% after an upgrade to buy from hold at Jefferies. Pinterest — Shares of the online platform added 3.3% after Goldman Sachs added Pinterest to its "Americas Conviction List." Datadog — The cloud analytics company rose 1.7%.
Persons: Goldman Sachs, Raymond James, Ric Prentiss, Clorox, Pinterest, Datadog, Davidson, Oppenheimer, — CNBC's Sean Conlon, Sarah Min, Samantha Subin, Pia Singh, Michelle Fox, Jesse Pound Organizations: Ford, Super, Disney —, CVS, CNBC, Reuters, Anheuser Busch InBev, Citi, Anheuser, Busch, Jefferies, Boeing, Bloomberg, Alcoa, Bank of America
One of the nation’s largest Muslim political groups endorsed Vice President Kamala Harris on Wednesday despite fierce opposition to her Middle East policy, saying that stopping former President Donald Trump is paramount. Alzayat, of Emgage, said his group respected those in the community who are making different decisions. And he acknowledged the difficulty of backing Harris, pointing to Palestinian and Lebanese American staffers and supporters of the group. “We hold President Biden responsible for continuing to provide the Netanyahu government with weapons.,” Alzayat said, drawing a distinction with Harris. As she has over the past year, the Vice President will continue to work to prevent the conflict from widening throughout the region.”
Persons: Kamala Harris, Donald Trump, they’ve, Wa’el Alzayat, Trump, Joe Biden’s, Jill Stein, Harris, Cornel West, Chase Oliver, , Amer Ghalib, Alzayat, , National Intelligence Ric Grennell, ” Trump, Benjamin Netanyahu, Emgage, Biden, Netanyahu, ” Alzayat, we’ve, ” Harris, Julie Chavez Rodriquez, Chavez Rodriquez Organizations: Wednesday, NBC News, , Democrats, Cornel West, Force, Libertarian Party, Arab, Lebanese American, Palestinian, Trump, National Intelligence, Biden Locations: Gaza, Lebanon, Hamtramck , Michigan, Emgage, Palestinian, Israel, Arab
The payment was listed as a “speaking engagement.”Trump’s latest disclosure form said Melania Trump was paid by the Log Cabin Republicans for the April fundraiser. The source told CNN that Ric Grenell, former ambassador to Germany and a Trump ally, was the one who made the request on behalf of Melania Trump. One person close to Melania Trump said she has decided “my best and highest use is where I am,” adding that “she’s a priceless, timeless asset” for Donald Trump. A spokesperson for Melania Trump declined to comment in response to CNN’s questions. Melania Trump is not the only Trump family member to get paid while in the political spotlight.
Persons: Washington CNN — Melania Trump, she’s, Donald Trump’s, , Melania Trump, Charles Moran, Ric Grenell, Trump, Grenell, Virginia Canter, Canter, , it’s, Donald Trump, John Paulson, “ She’s, ’ ”, Stephanie Grisham, ” Grisham, Kimberly Guilfoyle, Trump’s, Donald Trump Jr, Bill Clinton, Hillary Clinton, Barack Obama, Joe, Jill Biden, Michelle Obama, Laura Bush, Hunter Biden, CNN’s Fredreka Schouten Organizations: Washington CNN, CNN, Melania, Trump, Republican National Convention, Trump White House, House, White, Secret, Capitol, , Politico Locations: Germany, Florida, California, Palm Beach , Florida, Palm Beach, Butler , Pennsylvania, Manhattan
Trump was whisked away to safety, unharmed, while the gunman, who officials believe remained near the tree-line perimeter of the golf course for 12 hours, fled the scene by car. Phone records from T-Mobile that indicated Routh’s phone was “in the vicinity of the golf course” for roughly 12 hours before he was first spotted by US Secret Service, according to charging documents. It’s still not clear why Routh went to the golf course that day. But Secret Service knew immediately it was bullets, and they grabbed me, and I think probably the other one, Steve is one of the people. One patrol deputy saw the suspect vehicle at about mile marker 110 and alerted others, following it but not trying to immediately stop the vehicle, Snyder said.
Persons: Donald Trump, Trump, , Ryan Wesley Routh, Jeffrey Veltri, Routh, It’s, Ronald Rowe, teed, Steve Witkoff, – Trump, Sean Hannity, CNN Trump, ” Trump, Hannity, ” Rowe, Ric Bradshaw, Rowe, Steve, , , let’s, , Veltri, Martin County Sheriff William Snyder, Snyder, ” Snyder, ” Routh, CNN’s Erin Burnett, CNN’s Kristen Holmes, Evan Perez, Holmes Lybrand, Michael Williams, Devan Cole, Eric Levinson, Andy Rose Organizations: CNN, Trump International Golf Club, Trump, Service, US Secret, FBI Miami Field Office, Secret, ” Authorities, West Palm Beach, Fox News, Secret Service, Nissan, Sheriff’s, Martin County Sheriff, Ford, Palm, FBI Locations: West Palm Beach , Florida, , West Palm, Mar, Beach, , Martin County, Martin, Palm Beach
He said their rhetoric is responsible for threats and violence against him, even though they routinely denounce political violence and did so on Sunday. In turning so fast to Biden and Harris, Trump skipped past appeals for sympathy and even a perfunctory call for calm or unity. The Secret Service fired at a suspect, who fled and was quickly apprehended by police. "I am thankful that former President Trump is safe." The area around Trump International Golf Club was secured after an apparent assassination attempt on Donald Trump in West Palm Beach, Fla., on Sunday.
Persons: Donald Trump, Trump, Kamala Harris, Joe Biden, Elon Musk, Biden, Harris —, Harris, Ric Bradshaw, Mike Johnson, Ronald Rowe, Johnson, won’t, , Spencer Platt, Musk, Joe Raedle, We're, ” Trump, George Floyd's, Nancy Pelosi's, — Biden — Organizations: Biden, Republican, Secret Service, Trump, ABC, Fox News, Convention, Republican National Convention, Democratic Party, Democrat Party, Trump International Golf, Minneapolis police, Capitol Locations: Palm, Palm Beach, Mar, Butler , Pennsylvania, Pennsylvania, Milwaukee, New York, West Palm Beach, Fla
Ryan Wesley Routh, 58, was pulled over and taken into custody without incident by a Martin County Sheriff’s traffic unit on Interstate 95, authorities said. Ryan Wesley Routh following his arrest in Martin County, Fla., on Sunday. Martin County Sheriff's Office via AFP - Getty ImagesWhat kind of weapons were involved? A representative of the International Legion told NBC News on Monday that Routh never served in that fighting force. Routh said in 2020 he had backed candidate Trump in the past, but expressed his disappointment with the Trump presidency.
Persons: Donald Trump, what's, Trump, Ric Bradshaw, wasn't, Ryan Wesley Routh, Bradshaw, Routh, Ryan Routh, Valentyn Ogirenko, Tulsi Gabbard, Joe Biden, Vladimir Putin, Biden, Kamala Harris, Bernie Sanders, Joe, hillary Organizations: Service, Secret Service, Nissan, AFP, Getty, Ukraine, Newsweek Romania, International Legion, Defense, NBC, Reuters, Trump, Gabbard, Democratic, Greensboro News Locations: Palm Beach, Martin County, Fla, Ukraine, Kyiv, Mariupol, Vermont, North Carolina, Greensboro , North Carolina
Palm Beach County Sherrif Ric Bradshaw speaks at a press conference in West Palm Beach, Florida, on September 15. The gunman was 300 to 500 yards away from former President Donald Trump, a Secret Service official said. The former president was one or two holes behind because the security detail moves ahead to make sure the area is cleared. The agent noticed the rifle barrel sticking out during the advance check, the official said. “The US Secret Service personnel opened fire on a gunman located near the property line and this matter is under investigation,” the Secret Service representative said.
Persons: Ric Bradshaw, Chandan Khanna, , Donald Trump Organizations: Getty, Secret Service, Trump International Golf Club, West Palm Beach, Service Locations: Palm Beach, West Palm Beach , Florida, Beach, West Palm
CNN —JD Vance on Monday blamed liberal rhetoric for the apparent assassination attempt against former President Donald Trump over the weekend. “I’d say that’s pretty strong evidence that the left needs to tone down the rhetoric, and needs to cut this crap out,” he continued. “But in particular, the people telling you that Donald Trump needs to be eliminated. “The U.S. Secret Service is aware of the social media post made by Elon Musk and as a matter of practice, we do not comment on matters involving protective intelligence,” a Secret Service spokesman told CNN. The Secret Service later said the suspect had no line of sight on the former president.
Persons: CNN — JD Vance, Donald Trump, , I’m, we’re, Kamala Harris, , Vance, ” Vance, ” Trump, Joe Biden, Biden –, Trump, Elon, Biden, Harris, Elon Musk, Ric Bradshaw, Bradshaw, Ryan Wesley Routh, Routh, CNN’s Dave Goldman, Evan Perez, Holmes Lybrand, Michael Williams, Devan Cole Organizations: CNN, Republican, Georgia Faith & Freedom Coalition, Trump, Service, Secret Service Locations: Atlanta, United States of America, Trump, Palm Beach
“The Secret Service needs more help,” Biden told reporters while leaving the White House on Monday. Chip Somodevilla/Getty ImagesActing US Secret Service Director Ronald Rowe met with Trump and local law enforcement on Monday in Florida. Secret Service Director Kimberly Cheatle resigned in the fallout from the assassination attempt, leading to Rowe’s appointment as acting director. Those concerns were underscored by details revealed Monday about the suspected shooter’s whereabouts before he was ultimately spotted by Secret Service agents. Moskowitz said Sunday that the Secret Service needed to consider taking more drastic measures, such as shutting down a significantly wider perimeter.
Persons: Donald Trump, he’s, He’s, Jared Moskowitz, CNN’s Anderson Cooper, Joe Biden, ” Biden, Chip Somodevilla, Ronald Rowe, Rowe, ” Rowe, “ there’s, Trump, , there’s, , Trump’s Butler, Kimberly Cheatle, Ryan Wesley Routh, Jonathan Wackrow, Ric Bradshaw, ” Bradshaw, Joe Raedle, Obama, Bush, Clinton, ” Wackrow, Butler, Cheryl Tyler, CNN’s Wolf Blitzer, ” Tyler, protectee, Robyn Beck, Moskowitz, ” Moskowitz, Biden, Ro Khanna, CNN’s Holmes Lybrand, Kristen Holmes, Whitney Wild Organizations: CNN, Republican, Secret, Trump, Florida Democrat, Service, White, House, Trump’s, Trump International Golf, Nissan, Secret Service, Martin County Sheriff’s, Martin County Sheriff's, Facebook, United Nations General Assembly, White House Communications Agency, Department of Defense, Trump National Golf Club Los, Getty, ” Agency, , California Democrat, Congress Locations: Palm, Butler , Pennsylvania, Florida, Congress, Washington ,, Lago, Trump, Martin County, Iran, New York City, Mar, Palm Beach, Beach, West Palm Beach , Florida, Butler, Rancho Palos Verdes , California, AFP, California
After being shot at by the Secret Service, the suspect fled the scene. The man, who was spotted on a building rooftop about 147 yards away from the podium, was killed by a Secret Service sniper. "Look, all outdoor events are nightmares," Jeffrey James, a former Secret Service agent, told BI. James was a special agent for the Secret Service for 22 years, serving during the Clinton, Bush, Obama, and Trump administrations. In an interview, he told BI that a golf course, one of Trump's oft-visited settings, presents unique challenges for the Secret Service.
Persons: , Donald Trump, Ric Bradshaw, Joe Raedle, Kenneth Gray, Trump, Jeffrey James, sightlines, James, Clinton, Bush, Obama, he's, Matthew Shoemaker, It's Organizations: Service, Secret Service, AK, Trump International Golf Club, Business, Trump International Golf, BI, FBI, Biden Administration, Trump, Defense Intelligence Agency, James, Trump Golf Club, West Palm, Google Locations: West Palm Beach , Florida, Palm Beach, Beach, Butler , Pennsylvania
News of an apparent assassination attempt on former U.S. president Donald Trump has taken China's heavily censored social media by storm, prompting conspiracy theories and a mockery of the U.S. political landscape. As the news spread to China on Monday, discussions concerning the incident were trending on the popular Chinese social media platform Weibo, with netizens pointing out how Trump had just recently escaped an attempt on his life at a campaign rally on July 13. Other outlandish conspiracy theories proliferated on the platform, mentioning religious groups. Separate from the conspiracy theories, many netizens theorized that Trump stood to benefit from the incident. In a fundraising email shortly after the incident, Trump said he was safe and in good spirits.
Persons: Donald Trump's, Donald Trump, Trump, Shooter, Ric Bradshaw, Weibo, Shen Yi, Harris, Ryan Wesley Routh, Routh, Zenith Wong, Anniek Bao Organizations: Republican, Donald Trump's Trump, Federal Bureau of Investigation, Weibo, Trump, Fudan University's Department of International, Democrats, NBC News Locations: West Palm Beach , Florida, U.S, Trump's Florida, China, Trump, Beach, American
Trump International Golf Club, in West Palm Beach, abuts three heavily trafficked roads, Kirk Road, Summit Boulevard and Congress Avenue. The Palm Beach International Airport is nearby. An April 2021 file photo shows an aerial view of Trump International Golf Club in West Palm Beach, Florida. Crystal Bolin Photography/iStockphoto/Getty Images/FileAs president, Trump could often be spotted from across from Kirk Road when he was playing golf. But members of the media were not permitted to stand on the sidewalks near the golf course when Trump was playing.
Persons: Donald Trump’s, , Kirk, Crystal Bolin, Trump, he’s, Ric Bradshaw, , ” Bradshaw, Barack Obama, Joe Biden Organizations: CNN, Secret Service, Trump, Golf, Beach, Trump International Golf Club, Service, Joint Base Andrews Locations: West Palm Beach, West Palm Beach , Florida, Kirk, Beach County
Last week, NFL team owners voted to allow an initial group of private equity firms to acquire up to a 10% stake of a franchise. "This isn't a case where private equity is going to come in and have influence on the franchise." Private equity has been eager to take stakes in sports as team valuations rise, mainly due to ballooning media rights deals. As investors, private equity firms often take management and board roles. Private equity investments typically have a set duration — it can range from three to seven years in many cases — and an expected return.
Persons: Ric Tapia, Steve Pagliuca, Shirin Malkani, Perkins, Anthony Mulrain, Toney, Angela Weiss, Michael Considine, Ellis, Jimmy Haslam, Mulrain, Eric Washington, Robin Alam Organizations: NFL, Los Angeles Rams, Houston Texans, NRG, Getty, National Football League, Bain Capital, CNBC, Washington, Denver Broncos, Carolina Panthers, Holland, Kansas City Chiefs, Philadelphia Eagles, Farm, Afp, National Basketball Association, Major League Baseball, National Hockey League, Major League Soccer, Kirkland, Cleveland Browns, Knight's, Buffalo Bills, Microsoft Locations: Houston, U.S, Glendale , Arizona, Holland
Ric Tapia | Getty Images Sport | Getty ImagesSports team owners benefiting from soaring team values are also facing new pressure from two of the oldest certainties in American wealth: death and taxes. With the average age of team owners rising, and team values skyrocketing into the billions, owners and leagues are increasingly focused on how to ensure smooth ownership transitions to the next generation of buyers. Succession and taxes have become especially important in the National Football League, where the average age of team owners is now over 72 and team values are all surging. The average NFL team is now worth $6.49 billion, and no team is valued at less than $5.25 billion, according to CNBC's Official 2024 NFL Team Valuations. So owners have to be planning for the potential for more punitive estate taxes in the coming years.
Persons: Ric Tapia, Stephen Amdur, Pillsbury Winthrop Shaw Pittman, Robert Frank, Pat Bowlen, Rob Walton, Bud Adams, Grant Halverson, Amy Adams Strunk, Tom Benson, Gayle, Jonathan Bachman, Joe Robbie, George " Papa Bear, Halas, George Halas, Amdur, That's, Roger Goodell Organizations: NFL, Los Angeles Rams, Houston Texans, NRG, Getty, Sports, Pillsbury, National Football League, Former Denver Broncos, Tennessee Titans, Minnesota Vikings, Getty Images Tennessee Titans, Longtime New Orleans Saints, National Basketball, New Orleans Pelicans, New, New Orleans Saints, Mercedes, Benz, Miami Dolphins, NBA, Chicago Bears, Bettmann Locations: Houston, Nashville , Tennessee, New Orleans, New Orleans , Louisiana
But he soon realized that although he had two and a half years to save for the trip, he wouldn’t have enough, so he increased the deposit to $150. “This went on for a while before my wife noticed that there seemed to be money from my paycheck unaccounted for,” Mr. Shahin said. So his wife, Martha Shahin, knew how much he was paid and how much was deducted. She began asking to see his pay stub, but Mr. Shahin always had an excuse — he didn’t know where it was, he must have left it at work. Mr. Shahin, now 66, finally confessed that he was depositing money into a secret travel fund.
Persons: Ric Shahin, ” Mr, Shahin, Martha Shahin, Ms Locations: Midland, Mich
The U.S. Securities and Exchange Commission is expected to make a key decision on approving ether exchange-traded funds next week. Edelman, an investor and personal finance author, thinks there needs to be an emphasis on regulations to protect people from crypto scams. We've seen the bitcoin ETFs come to market. We've seen the great things they've done for investors — lowering costs, improving regulation, improving sort of safety, security and peace of mind.," Hougan said. The two ether ETF proposals, submitted by VanEck and ARK Investments/21Shares, are set to be approved or denied this month.
Persons: Ric Edelman, Edelman, CNBC's, Gary, Gensler, Matt Hougan, Bitwise, We've, Hougan, VanEck Organizations: U.S . Securities, Exchange, Digital Assets, Financial Professionals, SEC, ARK Investments
Future of spot ethereum ETFs
  + stars: | 2024-05-13 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFuture of spot ethereum ETFsRic Edelman, head of the Digital Asset Council of Financial Professionals and former head of Edelman Financial Engines sits down with CNBC’s Bob Pisani to discuss the next crypto ETF the market is gearing up for and the state of spot bitcoin ETFs.
Persons: Ric Edelman, CNBC’s Bob Pisani Organizations: Digital Asset, Financial Professionals, Edelman
Department store Macy's on Wednesday said it had settled its proxy fight with an activist group led by Arkhouse Management, and that it would add two new directors to its 15-person board. The reshuffle moves Macy's closer to a deal that would take the 165-year-old department store private. Ric Clark, a former executive at Brookfield, and Rick Markee will join Macy's board effective immediately. Arkhouse first submitted an offer to take the retailer private in 2023. The investment-firm-turned-activist then launched a proxy fight at the company in February, putting up a nine-director slate.
Persons: Ric Clark, Rick Markee, Markee, Clark, Macy's, Arkhouse, Jonathon Blackwell, Gavriel Kahane Organizations: Arkhouse Management, Brookfield, Brigade Management
But let's say you're 30 years old and haven't started stashing money away; you may have difficulty getting there. And as a result of this, if you're going to live during a 30 or 40 year retirement. In Edelman's opinion, you're late to the game if you're over 25 and haven't started saving and investing. When people do set money aside, it's often in the wrong places, such as bank savings, money market accounts, and government bonds, Edelman said. All of this might sound complicated for a beginner, but diversification can be achieved through exchange-traded funds (ETFs), Edelman noted.
Persons: haven't, Ric Edelman, Barron's, Edelman, it's, aren't, Franklin Templeton Organizations: Federal Reserve, Edelman, New York Times, Trust, Vanguard Locations: America
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