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☆ The U.S. election is a make-or-break moment for aid to Ukraine
▼ + stars: | 2024-11-05 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +10 min

Kevin Lamarque | ReutersTensions are likely running high in Kyiv ahead of Tuesday's presidential election in the U.S. — a vote that could make or break ongoing aid for Ukraine. Officials in Kyiv say the election is being watched closely, amid concerns that future aid could be cut. In the week before the presidential election, Western officials were reported as saying that a Harris administration would likely struggle to push significant aid for Ukraine through Congress. A win by Donald Trump could see him placing a phone call to Russian President Vladimir Putin as early as 6 November. Then President Donald Trump and Russian President Vladimir Putin at a joint press conference after their summit on July 16, 2018, in Helsinki, Finland.

Persons: Volodymyr Zelenskiy, Kamala Harris, Kevin Lamarque, —, Donald Trump, Joe Biden, It's, Trump, it's, Yuriy Sak, J.D, Vance, JD Vance, Carlos Osorio, Putin, Harris, Timothy Ash, Reuters Ash, Ash, Tim Willasey, Vladimir Putin, Chris McGrath Organizations: U.S, White, Reuters, NBC News, Republican, Democrats, NATO, Russia, Ukrainian, CNBC, Anadolu, Getty, Kiel Institute of, European Investment Bank, European Commission, Republicans, Kyiv, Reuters Trump, Berenberg Bank, Berenberg, Washington, Congress, Trump, Ukraine, BlueBay Asset Management, Democratic, Royal United Services Institute Locations: Washington , U.S, Kyiv, U.S, Ukraine, United States of America, United States, America, Russia, Toretsk, Donetsk, Donbas, Moscow, St, Cloud , Minnesota, Europe, Belgian, Helsinki, Finland

☆ As the election winds down, worries of 'bond vigilantes' and inflation hit markets
▼ + stars: | 2024-11-04 | by ( Jeff Cox | ) www.cnbc.com time to read: +6 min

Specifically, he warned about traders taking the 10-year Treasury yield , a bond market benchmark, above 5% — a level it hasn't seen since mid-2007. To be sure, there are myriad reasons why the bond market has been in a state of tumult since mid-September, political considerations of a second Trump term being just one of them. "The bond market could easily nullify the impacts of another rate cut. That's because the bond market believes the Fed is cutting rates by too much, too soon, and is therefore raising long-term inflation expectations. It could carry "higher tariffs and mass deportations, which triggers stagflation in the US including a second inflation spike," the bank said.

Persons: Donald Trump, Chip Somodevilla, Kamala Harris, Ed Yardeni, Yardeni, Trump, Harris, Kumar, it's, Karen Dynan, Trump's, Peterson, Morgan Stanley Organizations: Fiserv, Republican National Convention, Treasury, Trump, Reserve, Bond, Yardeni Research, Sri, Kumar, Peterson Institute for International Economics, Federal Reserve, JPMorgan, Republicans Locations: Milwaukee , Wisconsin, United States

☆ The New Jersey Democrat running against Elon Musk
▼ + stars: | 2024-10-31 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +8 min

Democrat Sue Altman is running against Rep. Tom Kean Jr. in a competitive House race in New Jersey. But she's also running against Elon Musk, whose super PAC has spent over $1.5 million in her race. "Billionaires like Elon Musk," Altman said during the debate, are "funding my opponent's campaign." Advertisement"And by the way, Elon Musk is really creepy," she added, referencing a recent post in which Musk offered to give Taylor Swift "a child" after the pop star endorsed Harris. "I wouldn't let my best friend date Elon Musk, let alone let him buy our elections."

Persons: Sue Altman, Tom Kean Jr, she's, Elon Musk, Altman, —, Tom Kean, Elon, Kean, cain, Donald Trump, Tom Kean , Jr, Trump, — Sue Altman, She's, Kean —, he's, Musk, who's, Musk's largesse, Kamala Harris, Mondaire Jones, Mike Lawler, Will Rollins, Ken Calvert, Volodymyr Tarasov, Sen, John Fetterman of, Tony Stark, Koch, Harris, Joe Biden, Taylor Swift Organizations: Elon, Service, Democratic, Elon Musk's, GOP, America PAC, PAC, New, Families Alliance, Trump, Democratic Rep, Republican, Republican Rep, Publishing, Getty, SpaceX, Democrats, NBC News Locations: New Jersey, New Jersey's, Pennsylvania, York's, California's, John Fetterman of Pennsylvania, Scranton

☆ Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report
▼ + stars: | 2024-10-04 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

"It also increases the possibility of a no-landing as well, meaning even stronger economic data for 2025 than we currently expect." watch nowBeyond that, it virtually eliminated any chance that the Federal Reserve would be repeating its half percentage point interest rate cut from September anytime soon. But broadly speaking, the news was very good and raised questions over just how aggressive the Fed will need to be. Jones said the Fed will have a dilemma on its hand as it figures out the proper policy response. "In an election year, passions run high and every economic report or event can garner intense reaction.

Persons: Anna Rose Layden, We've, Beth Ann Bovino, Friday's nonfarm, Dow Jones, Bovino, David Royal, Kathy Jones, Charles Schwab, Jones, they're, Elizabeth Renter Organizations: Outfitters, Getty, Federal Reserve, U.S . Bank, Fed, Fed Bank of America, Wall, U.S Locations: Tysons , Virginia, U.S

☆ Brazil recently hit a record high. Why further gains may be harder to come by
▼ + stars: | 2024-09-15 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Brazilian stocks have been on a tear, but stubborn inflation could grind the recent rally to a stop. It's a work in progress, and most likely will require further rate hikes by the central bank." BCA Research's Arthur Budaghyan agreed that the Brazilian central bank is unlikely to hike rates for very long. Against this backdrop, Budaghyan advises clients steer clear of Brazilian stocks in the near term. U.S. investors who want exposure to the Brazilian stock market can obtain it through the iShares MSCI Brazil ETF (EWZ) .

Persons: Bovespa, Fernando Haddad, Goldman Sachs, Alberto Ramos, Ramos, Arthur Budaghyan, Budaghyan Organizations: U.S . Federal, CNBC, U.S, Fed, BCA, Banco, MRB Partners Locations: Lower U.S, overcompensate, America, Banco Central, Brazil, U.S

☆ Scammer's friend in 'Inventing Anna' wants journalist's private notes to fuel her defamation lawsuit against Netflix
▼ + stars: | 2024-09-11 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +7 min

Read previewThe woman who alleges she was wrongfully portrayed in "Inventing Anna" is trying to get her hands on the confidential notes and sources of the journalist whose article inspired the Netflix show. Rachel Williams, who was friends with the real-life Anna Sorokin, sued Netflix last year. In court filings this week, Netflix lawyers revealed that Williams' lawyers want to obtain Pressler's private journalistic notes. AdvertisementNetflix waived reporter's privilege once it used the notes for 'Inventing Anna,' Williams' lawyers argueOn October 4, Sorokin — who sold her life adaptation rights for "Inventing Anna" — is scheduled to testify for a deposition in Williams's suit against Netflix. AdvertisementJulia Garner as Anna Sorokin and Katie Lowes as Rachel Wiliams in Netflix's "Inventing Anna."

Persons: —, Anna, Rachel Williams, Anna Sorokin, Shonda Rhimes, Jessica Pressler, Williams, Pressler, Anna Delvey, Sorokin, she'd, Pornhub, reporter's, Sorokin —, Colm Connolly, Julia Garner, Katie Lowes, Rachel Wiliams, Alexander Rufus, Isaacs, Davis Wright Tremaine, didn't Organizations: Service, Netflix, York, Business, American Express, Fair, HBO, Immigration, Customs, New, Fashion, Journalists, BI, New York, Vox Media Locations: Morocco, Manhattan, Germany, Delaware, United States, New York, Netflix's

☆ From 'the greatest salesman' to 'very honorable': Trump changes tack on Ukraine's president
▼ + stars: | 2024-08-13 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +3 min

U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky looks on during a meeting in New York on September 25, 2019, on the sidelines of the United Nations General Assembly. Saul Loeb | Afp | Getty ImagesPresident of Ukraine Volodymyr Zelenskyy in Kyiv, capital of Ukraine, on July 23, 2019. Trump corrected himself, MSNBC reported at the time, saying that he "likes" Zelenskyy — before returning to his critique of the Ukrainian leader. Republican presidential nominee, former U.S. President Donald Trump speaks at a rally at the Brick Breeden Fieldhouse at Montana State University on August 9, 2024 in Bozeman, Montana. Michael Ciaglo | Getty Images News | Getty ImagesReferring to the war in Ukraine, Trump concluded that he'd "settle" the crisis during his post-election presidential period.

Persons: Donald Trump, Volodymyr Zelensky, Saul Loeb, Ukraine Volodymyr Zelenskyy, Hennadii, Trump, Zelenskyy, that's, Michael Ciaglo, Kamala Harris Organizations: Ukrainian, United Nations General Assembly, Afp, Getty, Green, Deal, White, Republicans, Democrats, MSNBC, Republican, Montana State University, House, Democratic, Trump, New York Times, Siena College, U.S, Democratic Party, Military Command, State Border Guard Service, Military, Anadolu Locations: New York, Ukraine, Kyiv, Russia, U.S, Bozeman , Montana, Volyn, Zhytomyr, Rivne, Chernihiv, Volyn Oblast

☆ Opinion: ‘Kinds of Kindness’ has a cultish take on toxic work culture
▼ + stars: | 2024-06-26 | by ( Opinion Noah Berlatsky | ) edition.cnn.com time to read: +7 min

In his new film, “Kinds of Kindness,” though, Yorgos Lanthimos goes further. Jesse Plemons is Robert in Yorgos Lanthimos’ new film, “Kinds of Kindness." Workplace harassment is a pervasive problem in a huge range of professions, from farm work to domestic labor to Hollywood itself. Remote work saves companies money by reducing rent and relocation costs, and because workers who work from home are more satisfied with fewer pay raises. People in “Kinds of Kindness” are pushed to mistake domination for kindness.

Persons: Noah Berlatsky, Yorgos Lanthimos, Lanthimos, Noah Berlatsky Noah Berlatsky, Emma Stone, Jesse Plemons, Willem Dafoe, Margaret Qualley, Hong Chau, Joe Alwyn, Mamoudou Athie, Hunter Schafer, Robert, Plemons, Raymond, Dafoe, —, Chau, balk, Raymond’s largesse, don’t, Yorgos, Atsushi Nishijima, MeToo, Harvey Weinstein, Jamie Dimon, Raymond isn’t, Raymond kisses Robert, Emily, Stone, Omi, she’s, Donald Trump’s, Steve Wozniak, Musk, Steve Jobs, Trump, Roberts Organizations: CNN, Searchlight, Hollywood, JPMorgan, Elon, Apple Locations: Chicago, Hong, Hollywood

☆ Biden leads new drive to cement the West’s Ukraine war effort against Putin – and Trump
▼ + stars: | 2024-06-13 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Washington CNN —President Joe Biden is leading the world’s richest democracies in sending a beefed-up message to Russian President Vladimir Putin that the West will not forsake Ukraine despite political shocks casting doubts over its commitment. A flurry of new Western plans to help UkraineStill, the latest Western plans to help Ukraine send a strong message of intent. The sanctions target foreign financial firms aiding Putin’s war effort, restrict Russian access to some US software and information technology. Russian advances on the battlefieldThese are substantial and credible political, economic and political demonstrations of support for Ukraine. Not surprisingly, Zelensky has always chafed at the self-imposed limits of Western support for his war effort that are a symptom of Biden’s core aim of avoiding a direct NATO confrontation with Russia.

Persons: Joe Biden, Vladimir Putin, Biden, Volodymyr Zelensky, ” Biden, “, Donald Trump, Trump, lionizes Putin, wobbling, —, George H.W, George H.W . Bush, Janet Yellen, ” — Biden, Zelensky, ” Jake Sullivan, Wesley Clark, ” Clark, they’ve, ”, Kamala Harris, Sullivan, John Kirby, Putin Organizations: Washington CNN, Republican Party, Capitol, Republican, CNN, NATO, Big, Union, Ukraine, Trump, Biden, Air Force, Hudson Institute, Kremlin, Kyiv, West, White House National Security Council Locations: Russian, Ukraine, Italy, Normandy, Europe, United States, France, Germany, George H.W ., Russia, Britain, Japan, Canada, NATO, Washington, Kyiv, Cuba, China, Iran, Israel, Ukrainian, Switzerland

☆ Jamie Dimon warns inflation and higher interest rates may linger — and people are running out of spare cash
▼ + stars: | 2024-05-21 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Related storiesDimon warned against dismissing inflation and elevated interest rates as temporary headwinds. "That's a different world for real estate. It's a different world for assets. It's a different world for private credit. In his shareholder letter this year, he called out market complacency toward the threats of inflation, interest rates, and recession.

Persons: —, Jamie Dimon, largesse, I'm, Dimon, Warren Buffett, there's, It's Organizations: Service, AlphaSense, Business, JPMorgan, Wall Locations: Ukraine, Gaza, Russia, China, It's

☆ How one 'Squad' member avoided an avalanche of pro-Israel money
▼ + stars: | 2024-04-24 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

When Summer Lee ran for Congress in 2022, she had to battle a wave of pro-Israel spending. AdvertisementGoing into this year, Rep. Summer Lee seemed likely to be a top target for pro-Israel groups. Both AIPAC and another key pro-Israel group, Democratic Majority for Israel (DMFI), opted to stay out of the primary. Pro-Israel groups spent money against Lee not just in the primary, but in the general election as well. Meanwhile, progressive groups supporting Lee spent nearly $710,000, and on Sunday, Ocasio-Cortez came to Pittsburgh to rally with Lee.

Persons: Summer Lee, Lee, —, Bhavini Patel, Mark Mellman, Sen, Bernie Sanders's, Alexandria Ocasio, Cortez —, That's, o6e7abRSr2 —, Patel, Jeff Yass, Cortez, Lee —, Joe Biden —, Biden, who've Organizations: Service, Democratic, American Israel Public Affairs Committee, Israel, Washington Post, Rep, AIPAC, Pennsylvania, House, Democratic Socialists of America, o6e7abRSr2 — AIPAC, Democratic Party, GOP, Law Locations: Israel, Pittsburgh, Alexandria, Squirrel Hill, Gaza, Emboldening

☆ Opinion: Trump Media’s billion-dollar valuation makes no sense
▼ + stars: | 2024-04-02 | by ( Opinion Jill Filipovic | ) edition.cnn.com time to read: +7 min

CNN —At Trump Media, it was the best of times, and it looks like it’s headed for the worst of times. Courtesy Jill FilipovicLast week, Trump Media was valued at nearly $11 billion, an astronomical sum for a money-losing company with a few million in revenue. Truth Social, Trump Media’s answer to Twitter/X, has fewer than 500,000 monthly active US users, compared to X’s 75 million. The Trump Media story, though, is a fascinating one because it is an amplified example of so much of the Trump playbook. “The first rule of cults is: you’re never in a cult,” cult expert Daniella Mestyanek Young told Jennifer Rubin of the Washington Post.

Persons: Jill Filipovic, Donald Trump’s, Trump, Michael Ohlrogge, he’s, MAGA, there’s, Rick Ross, Robert Jay Lifton, ”, —, “, you’re, Daniella Mestyanek Young, Jennifer Rubin Organizations: Twitter, CNN, CNN —, Trump Media, Trump, NYU, Washington Post, Republican, Republican Party, RNC Locations: New York, America

☆ How Dana Walden could defy critics and become Disney's first female CEO
▼ + stars: | 2024-04-01 | by ( Alex Sherman | ) www.cnbc.com time to read: +22 min

The appointment would make Walden the first female CEO of the Walt Disney Co. in its 100-year history. "Anybody they choose will have never been the Disney CEO prior to that." At Disney, Walden has hit several home runs, including FX's "The Bear," Hulu's "The Dropout" and "Only Murderers in the Building," and ABC's "Abbott Elementary." Former Disney CEO Bob Chapek CNBCChapek climbed the corporate ladder at Disney for 30 years by showcasing his business and finance chops. Combating female stereotypesIf Walden were appointed CEO, she would be the first woman to run the century-old company.

Persons: Dana Walden, Disney Entertainment Rich Polk, Peter Chernin, Rupert, Walden, Bob Iger, he'd, Fox, Chernin, Peter Roth, Roth, Peter Chernin Getty, Josh D'Amaro, Jimmy Pitaro, Alan Bergman, Nelson, Peltz, Iger, Bob Chapek, Walden's, Bergman, she's, hasn't, —, Walden —, Dana doesn't, Jennifer Salke, Jennifer Salke Stephen Desaulniers, CNBC Walden, Richard Plepler, Craig Hunegs, Carol Burnett's, Carrie Hamilton, George Burns, Dean Martin, roasts, Martin, Buddy Hackett, Matt Walden, Bender, Goldman, she'd, Arsenio, Lucie Sulhany, Dana Walden Jason Laveris, Gary Newman, Newman, It's, Dana, Ryan Murphy, John Landgraf, Jan, Seth MacFarlane, Guy, Tuck, MacFarlane, Murphy, Steve Levitan, Dan Fogelman, Rick Rosen, Rosen, Howard Gordon, Levitan, Peter Rice, Rice, wasn't, Chapek, Rich Appel, Gary, it's, Percy Jackson, didn't, Bob Chapek CNBC Chapek, showrunners, Scarlett Johansson, Kristina Schake, Jay Sures, Sures, Amazon's Salke, Greta Gerwig, Gloria, Murphy's, Miss Jones, There's, Steve Levitan Peter, Hopper, Critics, She's, Salke, WME's Rosen Organizations: Disney Entertainment, Getty, Century Fox Filmed Entertainment, Rupert Murdoch's News Corp, Walt Disney Co, Century Fox, Fox, Century Fox Television, Warner Bros, Disney, ESPN, Entertainment, CNBC, Trian Partners, Iger, Amazon Studios, HBO, Disney TV Studios, Hollywood, Westlake School for Girls, Harvard, Westlake School, The Friars Club, University of Southern, Paramount, Paramount Domestic Television, Filmmagic, Fox Broadcasting, Walden, CBS, FX Networks, Bob Chapek CNBC, Indiana University, Michigan State University, United Talent Agency, Hulu Locations: Santa Barbara , California, Walden, Brentwood , California, She's, Disney's, Studio City, Los Angeles, Las Vegas, University of Southern California, Chapek, Hollywood, Walden's, Iger, America

☆ RFK Jr.'s expected VP pick is a Silicon Valley lawyer who's given thousands to Democrats — including AOC's 2020 primary challenger
▼ + stars: | 2024-03-26 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

RFK Jr. is set to announce Nicole Shanahan, a Silicon Valley lawyer, as his VP pick. She's contributed thousands of dollars to Democratic candidates since 2018. A Silicon Valley lawyer and philanthropist, Shanahan is currently the president of Bia-Echo, a private foundation that funds programs related to women's reproductive longevity, criminal justice reform, and the environment. Khanna, whose district encompasses much of Silicon Valley, has received $17,800 from Shanahan since 2019. Here are all of the federal Democratic candidates and groups who have received money from Shanahan since 2018:Advertisement

Persons: Nicole Shanahan, She's, Pete Buttigieg, Marianne Williamson, Ro Khanna, —, Robert F, Kennedy Jr, Shanahan, Sergey Brin, Kennedy, Abigail Spanberger, Alexandria Ocasio, Cortez, Shanahan's, Joe Biden, Khanna, he'd, Williamson, Michelle Caruso, Cabrera, Ocasio Organizations: RFK Jr, Democratic, Service, Google, Rep, Biden Victory Fund, Democratic National Committee, Shanahan, Republican Locations: Bia, California, Virginia, Alexandria, Cortez of New York, Silicon Valley, Iowa

☆ A US soft landing would only be possible through fiscal measures like student-loan forgiveness and tax cuts, economist says
▼ + stars: | 2024-02-26 | by ( Aruni Soni | ) www.businessinsider.com time to read: +3 min

If the US wants a soft landing, it needs to enact fiscal measures like student-loan forgiveness and tax cuts, Piper Sandler's chief global economist said. "There could easily be an additional 1.5% boost to GDP from fiscal stimulus this year," she wrote. AdvertisementIf the US economy wants to stick a soft landing, the government is going to have to loosen the purse strings. There are three times in history that the US has been able to nail a soft landing: 1967, 1985, and 1995. "Easing amid material fiscal stimulus risks repeating the Martin Fed's mistake...which set the stage for the 1970s' disastrous inflation cycle," she wrote.

Persons: Piper, Nancy Lazar, —, Piper Sandler's, Lazar, doling, Smith, Bill Martin, Martin Organizations: Drivers, Service, Congressional, Bloomberg, Fed, US

☆ Marvel's Jonathan Majors told the ex he's accused of abusing she needed to act like Michelle Obama and sacrifice for him, prosecutor says
▼ + stars: | 2023-12-04 | by ( Janon Fisher | ) www.businessinsider.com time to read: +8 min

Prosecutors painted Majors as a controlling partner, who once threatened suicide to manipulate. Defense said Jabbari threatened suicide, and the allegations were the result of being scorned. "He even threatened suicide to control her." In June of 2022, she went to a music festival in the UK with a friend where cellphone service was spotty, Perez told the jury. "He told her that she needed to comport herself in the way he needed her to be."

Persons: Jonathan Majors, Prosecutors, Jabbari, —, Coretta Scott King, Michelle Obama, Michael Perez, Grace Jabbari, Kang, Conqueror, Cleopatra, D'Angelo, Jabarri, Majors, Alan Chin, Perez, comport, Priya Chaudhry, Chaudhry, That’s Jabbari, ould Organizations: Defense, Service, Marvel, Manhattan, Majors, Yale, Chelsea, NYPD, Manhattan Criminal, Fine, David Geffen School of Drama, Sundance, Searchlight Pictures, Jabbari Locations: Chinatown, Fort Greene , Brooklyn, Manhattan, California, Texas

People visit the U.S. Supreme Court building on the day that Justices Clarence Thomas and Samuel Alito released their delayed financial disclosure reports and the reports were made public in Washington, U.S., August 31, 2023. REUTERS/Kevin Wurm/File Photo Acquire Licensing RightsWASHINGTON, Nov 30 (Reuters) - Senate Democrats are expected on Thursday to vote on authorizing subpoenas to a pair of influential conservatives with ties to the U.S. Supreme Court as part of an ethics inquiry spurred by reports of undisclosed largesse directed to some conservative justices. Democrats are expected to face resistance from the panel's Republican members, who have painted the oversight effort as an attempt to tarnish the Supreme Court after it handed major defeats to liberals in recent years on matters including abortion, gun rights and student debt relief. Lawyers for Leo and Crow in letters to the committee criticized the committee's information requests as lacking a proper legal justification. Crow's lawyer proposed turning over a narrower range of information but Democrats rebuffed that offer, according to the panel's Democratic members.

Persons: Clarence Thomas, Samuel Alito, Kevin Wurm, largesse, Harlan Crow, Leonard Leo, Donald Trump's, Dick Durbin, Crow, Leo, Paul Singer, Trump, Thomas, Alito, Singer, John Kruzel, Andrew Chung, Nate Raymond, Will Dunham Organizations: U.S, Supreme, REUTERS, Rights, Democratic, Republican, Thomson Locations: Washington , U.S, Texas, Alaska, New York, Boston

☆ Here's why the U.S. stock market and economy don't need or even miss China
▼ + stars: | 2023-11-26 | by ( Jim Cramer | ) www.cnbc.com time to read: +16 min

Yet, the Fed chief was roundly criticized for avoiding tightening because the economy wouldn't slow down; nor would inflation. The country adopted a strict Covid policy that prevailed through 2022 causing its GDP to fall to 3% way below the Chinese government's 5.5% target. Meanwhile, Chinese President Xi Jinping acted as if nothing had weakened and only strengthened his hold on lifetime power. The S&P 500 advanced 14% over the next two years, but China's market sank nearly 1.5% during the same period. Meanwhile, Chinese President Xi Jinping acted as if nothing had weakened and only strengthened his hold on lifetime power.

Persons: Jerome Powell, couldn't, Powell, Donald Trump, Joe Biden, Nancy Pelosi, Pelosi, Biden, Xi Jinping, Xi, It's, China hasn't, Trump, Jim Cramer's, Jim Cramer, Jim, Tasos Katopodis, Brendan Smialowski Organizations: Federal Reserve, Fed, Initiative, Taiwan Semiconductor Manufacturing Company, Nike, Apple, Starbucks, Trump, Nvidia, United Auto Workers, UAW, Pfizer, CNBC, Federal, Financial, Treasury Department, Capitol, Reuters, Economic Cooperation, Afp, Getty Locations: U.S, China, United States, Taiwan, San Francisco, Mexico, Washington , U.S, Asia

WASHINGTON, Nov 9 (Reuters) - Senate Democrats are set on Thursday to vote on authorizing subpoenas to a pair of influential conservatives with ties to the U.S. Supreme Court as part of an ethics inquiry spurred by reports of undisclosed largesse directed to some conservative justices. Lawyers for Leo and Crow in letters to the committee criticized the information requests as lacking a proper legal justification. Crow's lawyer proposed turning over a narrower range of information but Democrats rebuffed that offer, according to the panel's Democratic members. The Senate Judiciary Committee in July approved a Democratic-backed bill that would mandate a binding ethics code for the justices. Reporting by John Kruzel; Additional reporting by Nate Raymond in Boston; Editing by Will DunhamOur Standards: The Thomson Reuters Trust Principles.

Persons: largesse, Harlan Crow, Clarence Thomas, Leonard Leo, Donald Trump's, Dick Durbin, Crow, Leo, Durbin, Robin Arkley II, Samuel Alito, Paul Singer, Trump, Thomas, Alito, Singer, John Kruzel, Nate Raymond, Will Dunham Organizations: Democrats, U.S, Supreme, Democratic, Republican, Thomson Locations: Texas, Alaska, Boston

☆ Montana GOP Senate candidate would be in the top 10 richest lawmakers — and his investments are sure to irk some conservatives
▼ + stars: | 2023-11-02 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

Tim Sheehy, GOP leadership's anointed Senate candidate in Montana, disclosed his personal finances. Altogether, the Montana Republican's net worth lies somewhere between $74 million and $260 million, according to a calculation of his declared assets. Yet Tester still handily outraised Sheehy during the last quarter, raising $5 million versus Sheehy's $2.8 million. The Montana Republican and his wife are also invested in a variety of pharmaceutical companies, even as skepticism of big pharma grows on the right in the wake of the pandemic and COVID-19 vaccine mandates. The spokesperson also pointed to Sheehy's ethics pledge, which states that the Montana Republican will place all of his stocks into a blind trust if elected.

Persons: Tim Sheehy, Democratic Sen, Jon Tester, Bridger Aerospace CEO's, Republican Sen, Rick Scott of, who's, Tester, outraised Sheehy, Matt Rosendale, —, Sheehy, Bridger Organizations: Service, Democratic, Bridger Aerospace, Republican, Bridger, GOP, Montana Republican, Johnson, Royalty Pharma Locations: Montana, Bridger, Rick Scott of Florida, Rosendale, China, PZIEX, Cloverly

☆ Blake Masters is running for a Phoenix-area House seat — but he lives over 100 miles away in Tucson
▼ + stars: | 2023-10-26 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

But he lives in Tucson, more than 120 miles away from Lesko's Phoenix-area House district. Abe Hamadeh, the 2022 GOP nominee for attorney general, is already running for the seat. In 2022, Masters, Lake and Hamadeh ran as a unified ticket. In 2022, Masters benefited from millions in outside spending from tech billionaire Peter Thiel. AdvertisementAdvertisementAs of the end of September, Masters' Senate campaign owed more than $820,000 in debt, most of which was owed to Masters himself.

Persons: Blake Masters, Debbie Lesko's, Kari Lake, —, there's, Masters, doesn't, I'm, Abe Hamadeh, Hamadeh, Lesko, Ben Toma, I've, Sen, Josh Hawley, JD Vance, Peter Thiel, Thiel Organizations: GOP, Service, Twitter, US, Arizona's, Commission, US Senate, Trump, Arizona House, Lake Locations: Tucson, Lesko's Phoenix, He'd, Arizona, Phoenix, Arizona's 8th, West, Scottsdale, Missouri, Josh Hawley of Missouri, Ohio

☆ Donor revolt at Harvard and UPenn over Israel shows big checks often have strings attached
▼ + stars: | 2023-10-24 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +8 min

New York CNN —Big money donations are booming at America’s colleges, helping fund higher education for millions of students. The biggest donors often sit on universities’ board of trustees, which governs the university and selects university leadership, priorities and direction. The donor backlash at the University of Pennsylvania and uproar at Harvard University over Israel and Palestine highlight how big donations often come with demands for changes to university policy and politics. The backlash has raised questions about the influence big donors wield and pressure donors may exert over leadership, hiring decisions and academic affairs. Restricted giftsMore donations are coming with strings attached, rather than letting schools spend their donations however they want.

Persons: ’, ”, Cliff Asness, James Finkelstein, David Callahan, George Mason, Nikole Hannah, Jones, Rob Reich, “, Ann Marcus Organizations: New, New York CNN, University of Pennsylvania, Harvard University, Harvard, George Mason University, Faculty Senate Tri, Council, Advancement, “, ”, Aid, Education, Critics, Indiana University, George, Koch Foundation, Yale University, University of North, Chapel, Michigan State, Stanford University, Universities, New York University, NYU’s Steinhardt, of Higher Locations: New York, Israel, Palestine, University of North Carolina, Saudi Arabia, Qatar, Kuwait

☆ Russia can gain from Middle East turmoil — but it could backfire if the war spirals out of control
▼ + stars: | 2023-10-13 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

Putin likely wanted to show that Moscow is still important in the Middle East by visiting Iran, said John Drennan of the U.S. Institute of Peace. It could present an opportunity for them but also could present a very, very disastrous outcome for their influence in the Middle East too if the conflict spirals out of control," Ramani said. Analysts also believe Russia will use the war in Israel and Gaza to sow disinformation about Ukraine and discord among its allies. As such, the war between Israel and Hamas also provides Russia with an opportunity to flex its diplomatic muscles in the Middle East, after something of a hiatus from the global stage. So this shows that Russia is not isolated in the Middle East, and Russia still maintains the same array of diplomatic partnerships that it had before the war," he noted.

Persons: Vladimir Putin, Ebrahim Raisi, Putin, John Drennan, Sergei Savostyanov, Samuel Ramani, Ramani, Volodymyr Zelenskyy, Joe Biden, Jim Watson, Volodymy Zelenskyy, Sergei Karpukhin, Benjamin Netanyahu, Maxim Shemetov, They've, they've, Bashar al, Assad Organizations: Getty, Palestinian, Hamas, U.S . Institute of Peace, AFP, Royal United Services Institute, CNBC, Kremlin, Ukraine, Analysts, White, U.S, Congress, NATO, Afp, International Energy Agency, Russia, Israeli, Iraqi Locations: Sochi, Russia, Israel, Gaza, Moscow, Iran, Ukraine, Lebanon, Syria, Iraq, U.S, Europe, Washington ,, Brussels, Russian, OPEC, Turkey, Egypt, Tehran

☆ Sen. Durbin renews call for a Supreme Court code of conduct amid ethics concerns
▼ + stars: | 2023-10-02 | by ( Emma Kinery | ) www.cnbc.com time to read: +2 min

WASHINGTON — Senate Judiciary Committee Chairman Dick Durbin called on the Supreme Court to create a code of conduct as its new term begins Monday. Durbin for about a dozen years has, without success, asked the Supreme Court to adopt an enforceable code of conduct. Supreme Court justices are the only federal judges who are exempt from the official ethics rules. The Supreme Court has been under scrutiny this year because of media reports about justices receiving luxury travel, gifts, and other benefits. Durbin earlier this year asked Chief Justice John Roberts to appear before the Judiciary Committee to discuss Supreme Court ethics after the articles were first published.

Persons: Amy Coney Barrett, Neil M, Gorsuch, Brett M, Kavanaugh, Ketanji Brown Jackson, Sonia Sotomayor, Clarence Thomas, John G, Roberts, Jr, Samuel A, Alito, Elena Kagan, Dick Durbin, Durbin, ProPublica, Harlan Crow's, Samuel Alito, Paul, John Roberts Organizations: Supreme, WASHINGTON, Elliott Management Locations: Washington, WASHINGTON —, Argentina

☆ This green armored train has carried the Kim family for decades
▼ + stars: | 2023-09-12 | by ( Jessie Yeung | ) edition.cnn.com time to read: +7 min

In the background, women in dresses and traditional clothing can be seen cheering and waving the North Korean flag. North Korean leader Kim Jong Un waves before departing Pyongyang for Russia on September 11, 2023. Armored train of luxuryThe train has long been the subject of intrigue, carrying generations of the Kim family across the country and on rare overseas trips. The same train – green with yellow striping – was seen in footage from Russian state media when Kim Jong Il visited Russia in 2002. Information from inside the country slowed to a trickle, even more so in recent years under Kim Jong Un’s rule.

Persons: Kim Jong, Kim, Vladimir Putin, Choe Sun Hui, Chol, Kim Il Sung, Kim Jong Il, Kim Jong Un, Konstantin Pulikovsky, Kim Jong Il’s, Pulikovsky, ” Pulikovsky, Xi Jinping, KCNA, KCNA Kim, Donald Trump, Putin Organizations: CNN, North, KCNA, Central Military Commission, Workers ’ Party, Reuters, Russian, Ministry, New York Times, Times, South, South Korean, Chosun Ilbo, Nuclear, UN Food and Agriculture Organization, North Korean, Yonhap Locations: North Korean, Russia, United States, Russia’s, Pyongyang, Korean, Switzerland, North Korea, Bordeaux, Burgundy, South, Korea, China, Beijing, Vietnam, Hanoi, Vladivostok, South Korean

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