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☆ Hedge fund titan Steve Cohen is no longer trading stocks. Here's why it's an important milestone for the $4 trillion industry.
▼ + stars: | 2024-09-18 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +5 min

The news from Bloomberg that billionaire Point72 founder and legendary stockpicker Steve Cohen will no longer trade his book for the $35 billion fund Tuesday is paradoxically both shocking and expected. Of the big multi-strategy managers, the fact Cohen was still managing a book set him apart from his main competitors. Will there be another Steve Cohen? Cohen launched SAC with $20 million in 1992; new funds today need exponentially more to justify leaving seats at funds like Point72. Fictional hedge fund manager Bobby Axelrod, played by Damian Lewis, was loosely based on Steve Cohen.

Persons: —, Steve Cohen, Cohen, they've, — Cohen, He's, Point72, Ken Griffin, Izzy Englander, Dmitry Balyasny, Steve, he's, it's, Bobby Axelrod, Damian Lewis, Vincent D'Onofrio, Guy Fieri Organizations: Service, SAC Capital, Bloomberg, Business, SAC, MLB, New York Mets, Citadel, Academy, Tiger Cubs, Viking, Wall Street, Showtime, GameStop, Food Locations: Connecticut

This digital ad posted by Republican Senate candidate Dave McCormick in Pennsylvania, about a week before Biden eventually dropped his bid, was the blueprint. Almost immediately, Democrats saw a surge of support — mostly from disillusioned Democratic voters. As of this writing, it’s now Republicans in battleground states and districts who are begging their nominee to change course. As for the GOP, Trump and his allies have done everything they can to mold the GOP in Trump’s image, and anyone who doesn’t share that view has essentially been purged. Of course, the real challenge for both Republicans will be figuring out how to navigate Trump’s appearances in their respective states.

Persons: Joe Biden, Biden, ” Biden, “, Dave McCormick, Democratic Sen, Bob Casey’s, Kamala Harris, it’s, Donald Trump isn’t, Trump, Vivek Ramaswamy, Donald Trump, Harris, Ramaswamy, Hillary Clinton, Nikki Haley, wouldn’t, they’d, —, Sen, Pat Toomey, Toomey, McCormick, Brian Kemp, Larry Hogan, Domenici, Sherrod Brown, Clinton, I’d, Mike Rogers, can’t Organizations: Democrats, CBS News, Democratic, Republican, Senate, Trump, GOP, NPR, Republican Party, Biden, Republicans, White, Democratic Party, Republican Gov, Rogers Locations: Pennsylvania, Georgia, Maryland, New Mexico, Ohio, Trump, Michigan

☆ Opinion | Trump’s Whining About a Weaponized Justice System Is a Projection
▼ + stars: | 2024-06-03 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +3 min

That is how we should understand Trump’s ranting in the wake of his 34 felony convictions last week. And as if to underline Biden’s refusal to interfere in Justice Department decisions, the federal prosecution of the president’s son Hunter Biden begins this week. In spinning this fantasy about Biden, Trump is telegraphing that, should he return to the White House, he will try to use the Justice Department in exactly the way he’s pretending it was used against him. In his telling, he never called for Hillary Clinton to be imprisoned, and magnanimously resisted the entreaties of others to punish her. “According to Sessions, the President asked him to reverse his recusal so that Sessions could direct the Department of Justice to investigate and prosecute Hillary Clinton,” the Mueller report said.

Persons: Trump, Donald Trump, Biden, ”, Alvin Bragg, Hunter Biden, Alexei Navalny, Vladimir Putin, Hillary Clinton, magnanimously, ‘ Lock, Mueller, Jeff Sessions, who’d, Clinton, “, Sessions, John Huber of Utah, Huber Organizations: Department, Biden, White, Justice Department, Fox News, Fox, Sessions, Department of Justice, Clinton Foundation Locations: Manhattan, Russian

☆ Beyoncé’s ‘Cowboy Carter’ Is Here, and It’s Much More Than Country
▼ + stars: | 2024-03-29 | by ( Ben Sisario | ) www.nytimes.com time to read: +1 min

Beyoncé has gone country, sure … but it turns out that’s only the half of it. For months, the superstar, who made her name in R&B and pop, has been telegraphing her version of country music and style. At midnight on Friday, Beyoncé finally released her new album, “Cowboy Carter,” and the country bona fides were certainly there. Yet “Cowboy Carter” is far broader than simply a country album. That theory is made clear on the spoken track “Spaghettii,” featuring the pioneering but long absent Black country singer Linda Martell, who in 1970 released an album called “Color Me Country.”

Persons: Beyoncé, that’s, —, Cowboy Carter, ”, Dolly Parton, Jolene, Willie Nelson, Chuck Berry, Rosetta Tharpe, Son, Carter ”, Nancy Sinatra, Sly Stone, Linda Martell Organizations: Stetson Locations: Texas

☆ Lindsey Graham blasts the timing of the Biden administration's retaliatory strikes on Iran-linked targets: 'They're not afraid of us'
▼ + stars: | 2024-02-04 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Lindsey Graham called out Biden's strategy to deter Iran-linked groups in the Middle East. "If the goal is to deter Iran, you're failing miserably," Graham told Fox News on Sunday. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSen. Lindsey Graham on Sunday criticized the timing of the Biden administration's retaliatory strikes in response to a January drone attack that killed three US service members in Jordan. "If the goal is to deter Iran, you're failing miserably.

Persons: Lindsey Graham, Graham, —, Sen, Donald, Trump, Biden, Mississippi Sen, Roger Wicker, Mike Johnson, Joe Biden Organizations: Fox News, Reuters, Service, Sunday, Biden, Fox, South Carolina Republican Locations: Iran, Jordan, United States, Syria, Iraq, Afghanistan, Ukraine, Israel, Mississippi, Louisiana, Gaza

Attacks The map shows five of the seven sites that the U.S. hit with military strikes in Syria and Iraq. The strikes hit more than 85 targets at different locations using more than 125 precision-guided munitions, according to a statement by U.S. Central Command. Two American officials said the United States also conducted cyberoperations against Iranian targets on Friday but declined to provide details. It is clear from statements from the White House, and from Tehran, that neither the United States nor Iran wants a wider war. Striking sites in the Mideast with aircraft launched from the United States and refueled midair is a muscular show of global reach and capability, the official said.

Persons: Biden, Biden’s, Mr, “, ”, John F, Kirby, Douglas, Sims, Yahya Rasool, That’s, Iran’s, Jordan, Roger Wicker of, William Jerome Rivers, Kennedy Ladon Sanders, Breonna Alexsondria Moffett, Moffett, Sanders, Sergeant Rivers Organizations: Iranian, Islamic Revolutionary Guards Corps Quds Force, U.S . Central Command, Islamic Revolutionary Guards Corps, ”, Jordan . Middle, Revolutionary Guards, National Security Council, White House, Central Command, White, Pentagon, Dyess Air Force Base, U.S, military’s Joint Staff, Air Force, Iraq’s Armed Forces, Iran’s Revolutionary Guards Corps, Revolutionary Guards Corps, Administration, Capitol, Biden, Republican, Armed Services Committee, Dover Air Force Base, Army Reserve Locations: United States, Syria, Iraq, East, Jordan, Iran, U.S, Jordan ., Tehran, Texas, Yemen, Israel, Gen, Roger Wicker of Mississippi, Delaware

☆ Why the controversial mullet is having a moment
▼ + stars: | 2024-01-17 | by ( Fawnia Soo Hoo | ) edition.cnn.com time to read: +10 min

Long hair, don’t careThe “modern day” mullet largely originates from David Bowie’s genre-defining and gender-norm defying persona, Ziggy Stardust, Glasscock said. “People from the Continental Congress wore what we would read as a full metal, 1992 mullet,” said Glasscock. (“Hockey hair” was, meanwhile, a popular synonym for mullet at the time, given its prominence among players and fans.) Devin Yalkin/Courtesy A24While playing Kerry Von Erich in “The Iron Claw,” White also wore his dynamic, sweeping mullet off-set — but not entirely by choice. “I was like, ‘I’m sorry, here’s a ponytail holder.”But that dedication may have played an integral part in a mullet revival kicking off 2024.

Persons: Von Erich, ”, Napoleon Bonaparte’s, Paul Barras, Ridley Scott’s “ Napoleon ”, Jessica Glasscock, Tahir Rahim, Napoleon, Aidan Monaghan, Paul Mescal’s, Kristen Stewart’s, Von Erichs, David, Harris Dickinson, Kerry, Jeremy Allen White, Kevin, Zac Efron, They’re, Natalie Shea Rose, hairdos, Rose, David Bowie’s, Ziggy Stardust, Glasscock, Vivienne Westwood, Malcolm McClaren, David Bowie, Aladdin, Joseph, Michael Putland, Procopius, Bowie, Suzi Ronson, “, Yamamoto, “ Bowie, ” Glasscock, “ Napoleon ”, Francesco Pegoretti, Pegoretti, Tahir, mullets, Benjamin Franklin, Joseph Siffred Duplessis, Duran Duran, Bono, —, ’ ” Glasscock, Joe Namath, Nicolas Cage’s, Air ”, David Spade’s, Joe, Rambo, Von Erich mullets, Taghizadeh, Harry, Paul Mescal, Adam, Andrew Scott, Zoe Clare Brown, Mescal, ’ ”, Brown, Devin Yalkin, Kerry Von Erich, ” White, ” Rose, I’m, “ There’s Organizations: CNN, Apple, Globe, Lone Star State, Continental Congress, Sporting, New York Jets, Air Locations: Ridley, Texas, London, Celtic, Nez Perce, Roman, France, Barras, United States

☆ Opinion: Trump bests DeSantis and Haley. How their backers see his Iowa win
▼ + stars: | 2024-01-16 | by ( Opinion Cnn Contributors | ) edition.cnn.com time to read: +8 min

That explains why Trump got about half of all the Republican votes in Iowa, leaving DeSantis far behind. That should tell you a lot about Iowa voters, but enough of them also voted for DeSantis and Haley. When I spoke to the Haley campaign early Monday morning, before the Iowa caucuses had begun, they said they were shifting toward Trump, seemingly writing DeSantis off as their closest threat. DeSantis himself said last week that his finish in Iowa could “upend” Trump’s lead in the GOP primary. Join us on Twitter and FacebookAnd as one DeSantis campaign committee member said, “a close second would be a successful outcome,” and “third place is not good.”Needless to say, DeSantis did not win.

Persons: Donald Trump’s, Ron DeSantis, Patrick T, Brown, Donald Trump, Michael Brendan Dougherty, Christopher Rufo, DeSantis didn’t, I’d, Elon Musk, Semafor’s David Weigel, dinging Trump, It’s, Trump, Nikki Haley, Haley, George W, she’s, Nikki Haley wasn’t, They’re, Ron DeSantis ’, MAGA, Joe Biden’s, ”, She’ll, DeSantis, Kim Reynolds, “, it’s Haley Organizations: CNN, Florida Gov, Republican, Manhattan Institute, Twitter, Elon, Trump, Republican Party, Public Policy Center, South Carolina Gov, Iowa Republicans, Iowa, DeSantis, Iowa Caucus, Iowa Gov, GOP, Facebook, New Hampshire Locations: Iowa, Florida, America, New Hampshire, Washington ,, New

☆ Iowa Republican caucus sets new record for state political ad buys: $120 million
▼ + stars: | 2024-01-15 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

The battle to win the Republican Iowa caucus is the most expensive on record, with over $120 million spent on ads by the campaigns and their affiliated political action committees in the Hawkeye State, according to data provided to CNBC by AdImpact. Around $84 million of the $120 million total ad buys came from campaigns and allies of the top three candidates, Trump, Haley and Florida. DeSantis' campaign and two outside allies have spent a combined $30 million on TV, digital, and radio ads in Iowa. One of the two DeSantis super PACs, Never Back Down, has knocked on over 915,000 doors in the Iowa, according to the organization. As for Trump's super PAC, MAGA Inc. would not provide data on what efforts they've made outside of their ad spending in support of the former president.

Persons: Donald Trump's, Trump's, Nikki Haley, Trump, Haley, Ron DeSantis, Michael Franz, DeSantis, Charles Koch, Bill Riggs, Riggs, they've, We'll, backslapping, Taylor Budowich Organizations: Republican, CNBC, AdImpact, GOP, Monday's, South Carolina Gov, Gov, Inc, Wesleyan Media, Prosperity, Iowa Caucus, Hawkeye State, AFP, Iowa, Trump's, MAGA Locations: Des Moines , Iowa, Republican Iowa, Hawkeye, Iowa, Florida, New Hampshire, South Carolina

1977: The band releases “Love Gun” and a second live album, “Alive II.” The Gallup Poll names Kiss the most popular band in America. 1981: The band releases “Music From The Elder,” a concept album that evokes “Harry Potter” 20 years before that phenomenon began. 1984-1990: Kiss releases the albums “Animalize,” “Asylum,” “Crazy Nights” and “Hot In The Shade” as MTV embraces their new look. The band releases “Alive IV” with a symphony orchestra in 2003. 2009-2012: Kiss releases “Sonic Boom” and “Monster,” their final studio albums.

Persons: Yorkers, Gene Simmons, cabbie Paul Stanley, Elvis Presley, he'd, Wicked Lester, Peter Criss, Ace Frehley, Simmons, Stanley, Criss, Beth ”, “ Beth ”, ”, “, Kaskets, Eric Carr, Harry Potter ”, “ The, Vinnie Vincent, Mark St, John, Vincent, Bruce Kulick, Carr, Eric Singer, Alice Cooper, Lita Ford, Paul Stanley's, — Stanley, Kulick, Singer —, Frehley, telegraphing, Kiss, Tommy Thayer, Singer, Wayne Parry Organizations: Garden, Associated Press, Detroit, “, York, NBC, MTV, Kiss, Hall of Fame, Madison Locations: New York, Madison, Detroit Rock City, America

☆ Opinion | ‘The Golden Bachelor’ Is a Fantasy. Aging in America Isn’t.
▼ + stars: | 2023-11-25 | by ( ) www.nytimes.com time to read: +11 min

michelle cottleSo we’re dealing with this 72-year-old widower named Gary Turner —archived recording (gary turner) I’m Gary. archived recording (gary turner) Yeah. archived recording (gary turner) Um — [LAUGHS]michelle cottleAnd I am just like, oh —archived recording (gary turner) Oh, my goodness. archived recording 12 OK. archived recording 13 I can’t climb up. archived recording (gary turner) Here’s to you, ladies.

Persons: michelle cottle, Michelle Cottle, I’m, It’s, leslie, I’m Leslie, Gary Turner, gary, Gary, michelle cottle —, I’ve, Gary —, it’ll, Theresa, Gary it’s, gary turner, they’re, that’s, They’re, don’t, you’re, we’ve, — Organizations: Social Security Locations: America, Minneapolis , Minnesota, Indiana

☆ CNBC Daily Open: Record highs for Microsoft and Nvidia
▼ + stars: | 2023-11-21 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Stephen Brashear | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineAll the turmoil at OpenAI over the weekend turned out pretty well — for Sam Altman and Microsoft , at least. The appointment sent Microsoft shares to a new high. Meanwhile, at another corner of the technology industry, anticipation over Nvidia's earnings report later today pushed the chipmaker's shares up to a record high.

Persons: Satya Nadella, Stephen Brashear, Sam Altman, Altman's, Dan Ives, Ives, Altman, Brockman, we've, — CNBC's Sophie Kiderlin Organizations: Getty, CNBC, Microsoft, Wedbush Securities, Nadella, Nvidia, Dow Jones, Nasdaq Locations: Bellevue , Washington

☆ CNBC Daily Open: Microsoft and Nvidia hit all-time highs
▼ + stars: | 2023-11-21 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. New high for Nvidia Nvidia shares popped 2.25% to close at an all-time high of $504.09 , ahead of the chipmaker's earnings report today. All the turmoil at OpenAI over the weekend turned out pretty well — for Sam Altman and Microsoft , at least. The appointment sent Microsoft shares to a new high.

Persons: Cash, Andy Budden, Sunac, it's, Sam Altman, Altman's, Dan Ives, Ives, Altman, Brockman, we've, — CNBC's Sophie Kiderlin Organizations: CNBC, Capital Group, Nvidia Nvidia, Nvidia, Microsoft, Wedbush Securities, Nadella, Dow Jones, Nasdaq

☆ It took Trump calling Hezbollah 'very smart' for Ron DeSantis to finally glove up and go after him
▼ + stars: | 2023-10-12 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Ron DeSantis has slammed Donald Trump for calling Hezbollah "very smart." Ron DeSantis finally gloved up and went after his onetime mentor, former President Donald Trump, after the latter called the armed group Hezbollah "very smart." Trump was also mocking the Biden administration for raising concerns about a possible Hezbollah attack on Israel. The Trump War Room, an X account linked to the Trump campaign, said DeSantis had mischaracterized Trump's remarks on the war. AdvertisementAdvertisementRepresentatives for DeSantis and Trump did not immediately respond to a request for comment from Insider sent outside regular business hours.

Persons: Ron DeSantis, Donald Trump, Trump, DeSantis, —, Biden, Gee, telegraphing, Smart, Ron, Yoav Gallant, Christian Grose Organizations: Service, Hamas, Trump, ISIS, Republican, University of Southern, DeSantis Locations: Israel, Florida, DeSantis, Gaza, University of Southern California

Kevin Dietsch/Getty ImagesHouse Republicans are taking their next official steps in their impeachment inquiry of President Joe Biden by preparing a hearing and subpoenas to members of the Biden family, as well as scheduling the first hearing in the investigation for September 28. A committee spokesperson told CNN that the hearing will focus on the constitutional and legal questions Republicans are raising about Biden. “It’s an informative hearing where we’re going to have some experts in different areas of the law that can answer questions pertaining to specific crimes, as well as to educate and inform exactly what an impeachment inquiry is, and why you do an impeachment inquiry,” Comer, a Republican from Kentucky, told CNN. The subpoenas are the first direct outreach to members of the Biden family and are expected to be for their personal and business records. Republicans have made Hunter Biden’s business dealings a central component of their impeachment inquiry, but there is no public evidence to date that the president personally received any money.

Persons: James Comer, Kevin Dietsch, Joe Biden, Biden, ” Comer, Hunter, James Biden, Ian Sams, ” Read Organizations: Republican, Capitol, Images House, CNN, Biden, Republicans, Extreme Locations: Washington , DC, Kentucky

Just as the news broke on Wednesday of the presumed death of the mercenary chief Yevgeny V. Prigozhin, President Vladimir V. Putin of Russia was presiding over a televised World War II anniversary ceremony on a dark stage lit dramatically in red. He held a moment of silence, flanked by service members in dress uniforms, while a metronome’s beats sounded, like the slow ticking of a clock: Tock. The eerie split screen — the reported fiery demise of the man who launched an armed rebellion in June and the Russian president telegraphing the state’s military might — may have been coincidental. But it underscored the imagery of dominance and power that Mr. Putin, 18 months into his full-scale invasion of Ukraine, appears more determined than ever to project. His internet “troll farm” helped the Kremlin interfere in the 2016 American presidential election, while his mercenary empire helped Russia exert influence across Africa and the Middle East.

Persons: Yevgeny V, Prigozhin, Vladimir V, Putin, telegraphing Locations: Russia, Ukraine, Bakhmut, Africa

During a week spent with troops around the town of Orikhiv, CNN saw a palpable improvement in morale as some advances appeared to be made. Destroyed buildings in the city of Orikhiv in Ukraine's Zaporizhzhia region, which has been pummelled for months by Russian bombardment. Russian air superiority is taking Ukrainian lives daily, with half-ton bombs landing frequently – sometimes 20 in as many minutes. Ukrainian troops constantly relocate and hide their vehicles at every opportunity to frustrate Russian targeting. Brice Lane/CNNA Ukrainian tank fires from a treeline towards Russian forces on the country's southern frontline.

Persons: Eastern Ukraine CNN —, Ukraine’s, that’s, –, ”, Vitaly, Brice Lane, chatted, Eugene, “, Vlad, ” Eugene, Andrei, CNN Vlad, …, Julia, it’s Organizations: Eastern Ukraine CNN, NATO, CNN, 15th National Guard, Kyiv, 15th National Guard Brigade, ”, Russian Locations: Eastern Ukraine, Soviet, Robotine, Orikhiv, Ukraine's Zaporizhzhia, Kharkiv, Ukraine, Russian, Ukraine's, Ukrainian

☆ The bear market in stocks has officially ended and a new bull market has kicked off. Here's why investors can expect more gains ahead.
▼ + stars: | 2023-06-09 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

A new bull market has arrived on Wall Street after the S&P 500 rallied 20% from its October low. A resilient economy and solid corporate earnings could drive further gains in the stock market. According to Carson Group's chief market strategist Ryan Detrick, it wouldn't be out of the ordinary for stocks to continue their rally after cementing a new bull market. Finally, many investors are not positioned for a bull rally in stocks, and to get ready for a continued rally they'd have to unwind short positions and buy stocks, which could push prices even higher. It's those two factors that represent "dry tinder" for a potential melt up that could extend the current bull market rally, according to Emons.

Persons: —, Carson, Ryan Detrick, Detrick, Ben Emons Organizations: Service, Federal, Wall

☆ For companies, the stakes are high this Pride
▼ + stars: | 2023-06-01 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +10 min

New York CNN —Companies have long embraced Pride Month in June as an uncomplicated way to market to members of the LGBTQ+ community while telegraphing progressive values. Gavin Newsom called out Target’s CEO for “selling out the LGBTQ+ community to extremists.”The current landscape “is alarming,” Todd said. “That middle ground is going away.”So this year, companies that want to participate in Pride have to be prepared to take a real stance. Some of those lashing out have described a campaign against Pride itself, rather than Bud Light or Target (TGT) specifically. It won’t be worth whatever they think they’ll gain.”It’s no coincidence that the anti-trans assault comes as trans rights are under legal attack across the nation.

Persons: Bud Light, Bud Light’s Instagram, Bud, BUD, Eric Thayer, ”, Daniel Korschun, “, —, Jared Todd, Gavin Newsom, ” Todd, ” Korschun, Sen, J.D, Vance, J, Justin Sullivan, Anna Moneymaker, Matt Walsh, Sarah Kate Ellis, Ellis, Trevor, Seth Wenig, ” Ellis, Todd, It’s, didn’t, Colin Kaepernick, Drexel’s, Korschun, Jared Watson, ” Watson, Watson, Pattie Gonia, ’ ” Watson, ’ Organizations: New, New York CNN — Companies, Target, Bud Light, Anheuser, Busch, National LGBT Chamber of Commerce, Bloomberg, Getty, Drexel University, Wall Street, Foundation, Human Rights, HRC, California Gov, —, Pride, Twitter, HumanRights, UCLA School of Law, GLAAD, Morning, Nike, New York University, “ Locations: New York, Ohio, Target, California, America, New Jersey

☆ Barely Noting War in Public, Putin Acts Like Time Is on His Side
▼ + stars: | 2023-05-27 | by ( Anton Troianovski | Paul Sonne | ) www.nytimes.com time to read: 1 min

Pro-Ukrainian fighters stormed across the border into southwestern Russia this past week, prompting two days of the heaviest fighting on Russian territory in 15 months of war. Yet President Vladimir V. Putin, in public, ignored the matter entirely. He handed out medals, met the patriarch of the Russian Orthodox Church, hosted friendly foreign leaders and made televised small talk with a Russian judge about how Ukraine was not a real country. In managing Russia’s biggest war in generations, Mr. Putin increasingly looks like a commander in chief in absentia: In public, he says next to nothing about the course of the war and betrays little concern about Russia’s setbacks. Instead, he is telegraphing more clearly than ever that his strategy is to wait out Ukraine and the West — and that he thinks he can win by exhausting his foes.

☆ Opinion: What Trump gets right on Ukraine
▼ + stars: | 2023-05-13 | by ( Opinion Daniel R. Depetris | ) edition.cnn.com time to read: +8 min

For many political pundits and politicians, his observations on the war in Ukraine were no exception. Asa Hutchinson, who is challenging Trump for the 2024 nomination, declared that “Trump reminded everyone tonight of his support of Russia and his willingness to sell out Ukraine. The major difference between the Biden administration and Trump on the Ukraine question seems to be not whether talks should happen, but when. Another point Trump gets right is the vast disparity between the US and its European allies on the issue of assistance to Ukraine, even if his grossly exaggerates the amount of US aid. Join us on Twitter and FacebookTo be clear, some of what Trump said at the town hall about Ukraine was incorrect.

☆ US manufacturing contacts again in April but pulls off 3-year low
▼ + stars: | 2023-05-01 | by ( Lucia Mutikani | ) www.reuters.com time to read: +5 min

The ISM said its manufacturing PMI increased to 47.1 last month from 46.3 in March, which was the lowest reading since May 2020. It was the sixth straight month that the PMI remained below the 50 threshold, which indicates contraction in manufacturing. The proportion of manufacturing GDP with a composite PMI calculation at or below 45 percent - a good barometer of overall manufacturing weakness - was 12 percent in April, compared to 25 percent in March, said Timothy Fiore, chair of the ISM Manufacturing Business Survey Committee. Only two of the six biggest manufacturing industries, petroleum and coal products as well as transportation equipment, reported growth last month. The ISM survey's forward-looking new orders sub-index rose to 45.7 last month from 44.3 in March.

☆ US manufacturing contracts again in April, but pace slows
▼ + stars: | 2023-05-01 | by ( Lucia Mutikani | ) www.reuters.com time to read: +6 min

The ISM said its manufacturing PMI increased to 47.1 last month from 46.3 in March, which was the lowest reading since May 2020. The ISM said 73% of manufacturing gross domestic product was contracting, up from 70% in March. "The proportion of manufacturing GDP with a composite PMI calculation at or below 45 percent - a good barometer of overall manufacturing weakness - was 12 percent in April, compared to 25 percent in March," said Timothy Fiore, chair of the ISM Manufacturing Business Survey Committee. Only two of the six biggest manufacturing industries, petroleum and coal products as well as transportation equipment, reported growth. Higher prices align with government data showing wages and salaries in the manufacturing industry growing solidly in the first quarter.

☆ CEO shares the No. 1 question to 'never ever' ask at a job interview—'wait until you're called back'
▼ + stars: | 2023-04-13 | by ( Matt Higgins | ) www.cnbc.com time to read: +2 min

If you're a job seeker, here's a piece of advice you likely won't hear from anyone else: Never ever ask an employer what their remote work policy is during the job interview. ", know that I'm actually a firm believer in hybrid and remote work. Taking it one step further, following their mass layoffs, Meta has paused offering remote work options for new hires. Imagine this scenario: You close your interview with a question about remote work and get a chilly reception. But there is a real chance that the other job seeker will be perceived as more committed.

☆ Trump holds first election rally in Waco overshadowed by legal threats
▼ + stars: | 2023-03-25 | by ( Nathan Layne | ) www.reuters.com time to read: +4 min

FILE PHOTO: Former U.S. President Donald Trump delivers remarks on education as he holds a campaign rally with supporters, in Davenport, Iowa, U.S. March 13, 2023. In an email, a Trump campaign spokesperson said Waco was chosen because it is situated between several major population centers and has the infrastructure to host a large event. Trump has sought to paint the Manhattan case as politically motivated, raised money off it and used it to rally supporters to his side. The city of Waco said it was expecting 15,000 people to attend the rally. In an editorial, the Houston Chronicle said the decision to host the event in Waco during the anniversary of the Waco siege represented far more than a dog-whistle message to far-right and conspiratorial Trump supporters.

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