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The ruling left Mr. Trump with the opportunity to raise different objections to Mr. Vance’s subpoena. AUTUMN 2020Prosecutors interviewed employees of the main bank and insurance company that serve Mr. Trump and issued several new subpoenas. The brief unsigned order was a decisive defeat for Mr. Trump and a turning point in Mr. Vance’s investigation. Just hours later, eight years of financial records were handed over to Mr. Vance’s office. After Mr. Bragg expressed reservations about the case, Mr. Pomerantz and Mr. Dunne suspended the presentation of evidence about Mr. Trump to a grand jury.

Persons: Donald J, Michael D, Cohen, Trump, “, Cyrus R, Vance Jr, Vance’s, Stefani Reynolds, Trump’s, Allen H, Weisselberg, Vance, Alvin L, Bragg, Mark F, Carey Dunne, Pomerantz, Dunne, Bragg’s, Allen Weisselberg, Stormy Daniels, Mr, Midwinter Organizations: Mr, New, Trump Organization, The New York Times, Trump Locations: Manhattan, New York State, U.S

Among other things, he denied a motion from Trump to dismiss the case and set parameters for jury selection. "At this point, I can inform you that we're moving ahead with jury selection on March 25," he told the court. The Week in Cartoons Feb. 12-16 View All 17 Images“There was a tendency to disparage this case as being the least important – it’s just hush money. Trump denies any wrongdoing and has said that the payments to Cohen were simply reimbursements for legal expenses. “I was probably the only one who didn’t see it that way and felt like I was fighting an uphill battle.

Persons: Donald Trump, Trump, Judge Juan Merchan, ”, Shanlon Wu, Cohen Seglias, Stormy Daniels, Michael Cohen, Attorney Alvin Bragg, reimbursements, Cohen, Daniels, Norm Eisen, “, ” Eisen, ” Trump, Karen Agnifilo, it's, Joe, Joe Biden’s, It’s, Agnifilo, Merchan, Arthur Engoron, Jean Carrol, Wu Organizations: Trump, Republican, Manhattan, Attorney, Prosecutors, …, Washington , D.C, Capitol Locations: Manhattan, Clinton, Washington ,, Georgia’s Fulton County, New York’s

☆ The risk of recession has gone up 'moderately', says Roger Ferguson
▼ + stars: | 2024-02-14 | 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 EmailThe risk of recession has gone up 'moderately', says Roger FergusonFormer Fed Vice Chairman Roger Ferguson joins 'Squawk Box' to discuss the state of the economy, the hotter-than-expected CPI data, impact on the Fed's rate path decision, and more.

Persons: Roger Ferguson

☆ Former Fed Governor Frederic Mishkin: The Fed will be very cautious about lowering rates
▼ + stars: | 2024-02-13 | 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 EmailFormer Fed Governor Frederic Mishkin: The Fed will be very cautious about lowering ratesFrederic Mishkin, former Federal Reserve Governor and Columbia University professor, joins CNBC's 'Squawk Box' to discuss what the latest CPI report means for the Fed and more.

Persons: Frederic Mishkin Organizations: Former, Federal Reserve Governor, Columbia University, Fed

☆ Trump’s new Supreme Court gambit doesn’t even try to hide that it’s a delaying tactic
▼ + stars: | 2024-02-13 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

Donald Trump’s filing to the Supreme Court over his claim for sweeping presidential immunity begins with a quote from Yogi Berra. The coming days could decide when the first Trump trial takes placeThe text of Trump’s filing to the court at times feels somewhat frivolous. Trump’s legal team has a good reason to try to run out the clock. But it is not certain that the Supreme Court, which last week heard oral arguments on another Trump case — over his expulsion from Colorado’s ballot — will even agree to take his latest request. As with Smith’s Washington case, Trump’s team is seeking to delay the trial currently scheduled for May.

Persons: Donald Trump’s, Yogi Berra, Jack Smith, Trump, Ty Cobb, CNN’s Erin Burnett, “, ”, Joe Biden, he’s, Elie Honig, Donald Trump, Jack Smith’s, Honig, Norm Eisen, ” Eisen, Smith, Ankush, CNN’s Wolf, Smith’s, Stormy Daniels, —, Fani Willis, Willis, – Organizations: New York Yankees, White, NBC News, Trump, Biden, CNN, Justice Department, Trump Organization Locations: White, Florida, Smith’s Washington, Manhattan, Georgia, New York

☆ NEC Director Lael Brainard: Overall economic picture still looks good despite the hot CPI print
▼ + stars: | 2024-02-13 | 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 EmailNEC Director Lael Brainard: Overall economic picture still looks good despite the hot CPI printLael Brainard, National Economic Council Director and former Federal Reserve vice chair, joins 'Money Movers' to discuss the latest CPI data, what could be problematic for the economy, and getting through the 'last mile' of inflation.

Persons: Lael Brainard Organizations: NEC, National Economic, Federal Reserve

☆ It's unlikely witnesses against Trump in the Mar-a-Lago documents case will be outed despite judge's ruling, legal experts say
▼ + stars: | 2024-02-11 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

Trump-nominated judge Aileen Cannon this week sided again with the former president's legal team when she ruled the government's witness list in the Mar-A-Lago classified documents case should be unsealed. "It's really one after another, and the way she's handled this case shows her clear bias for Trump and the defense," Rahmani said. AdvertisementCannon has already been reversed once on appeal by the 11th Circuit in this case, when she moved to appoint a special master to oversee the review of classified documents seized from Mar-A-Lago. The 11th Circuit court sided with the Department of Justice, ultimately determining that Cannon lacked the authority to assign a special master to the case. The precedent of protective ordersRahmani said the testifying witness list will eventually be revealed to the public, as it should be, but the timing and manner of releasing information is key.

Persons: Trump, Aileen Cannon, Cannon, hasn't, Jack Smith, Tanya Chutkan, Judge Cannon's, Judge Cannon, Rahmani, she's, Smith, Andrew Lieb, Lieb Organizations: Service, Business, Trump, White, Circuit, Department of Justice Locations: Georgia, Mar, York

Hur cleared Biden of criminal wrongdoing in the 345-page report but inserted many unflattering references to Biden personally – calling him a "well-meaning, elderly man" with trouble remembering things. The Best Political Cartoons on Joe Biden View All 270 ImagesThe White House came back to the issue Friday with a fury. He noted that on Page 2 of the report, Hur argued that Biden "willfully" retained materials – but "buried way later on Page 215," the report said there was a shortage of evidence to support that. "I would call it a backhanded exoneration of President Biden. Former federal prosecutor Barbara McQuade said Hur "seems to go out of his way to smear Joe Biden.

Persons: Kamala Harris, Joe Biden's, Robert Hur, Donald Trump, Merrick Garland, Hur, Biden, –, Beau, Joe Biden, Harris, Ian Sams, Sams, It's, Norm Eisen, Eisen, Barbara McQuade, McQuade, Trump, Garland Organizations: White, Biden, Trump, Former Justice Department, Department, GOP Locations: Israel, Maryland

☆ CEOs are finally starting to feel the general momentum in the economy, says Roger Ferguson
▼ + stars: | 2024-02-08 | 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 EmailCEOs are finally starting to feel the general momentum in the economy, says Roger FergusonRoger Ferguson, The Business Council vice chairman, The Conference Board trustee and former Fed Vice Chairman, joins 'Squawk Box' to discuss the latest results from the CEO confidence survey, why company executives are more optimistic on the state of the economy, and more.

Persons: Roger Ferguson Roger Ferguson Organizations: The Business, Fed

☆ Renowned economist Claudia Sahm breaks down why her famous recession indicator won't be triggered this year — and why the last mile of the Fed's inflation battle could be the easiest
▼ + stars: | 2024-02-07 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Read previewClaudia Sahm, the former Federal Reserve economist who developed the Sahm Rule recession indicator, believes the US economy will likely avoid a downturn this year. We solved the labor shortage by getting more labor," Sahm said. "The foreign-born labor force has made a disproportionate contribution to reducing the jobs-workers gap. This has been driven by two factors: above-trend immigration growth and greater foreign-born labor force participation," said Jan Hatzius, the chief US economist at Goldman Sachs, in an August 2023 client note. "Growth in the foreign-born labor force has accelerated by 50k to 160k per month this year, lifted by a surging foreign-born labor force participation rate," Hatzius added.

Persons: —, Claudia Sahm, Sahm, doesn't, Jan Hatzius, Goldman Sachs, Hatzius, Jerome Powell, Powell Organizations: Service, Federal Reserve, Business, National Bureau of Economic, US, Labor, Board, Bureau of Labor Statistics, Fed Locations: flatlining

WASHINGTON (AP) — The U.S. House is ready to impeach Homeland Security Secretary Alejandro Mayorkas over border security, a deeply partisan and highly unusual attack on a Cabinet official that has drawn concerns from constitutional scholars and rebuke from Democrats. The House vote on the charges, which Democrats say are untrue and hardly grounds for impeachment, is set for Tuesday. “Very clearly Secretary Mayorkas has picked and chosen which laws he's going to enforce,” said Rep. Mark Green, R-Tenn., the chairman of the Committee on Homeland Security, at a hearing ahead of the vote. Green’s committee had been investigating the Homeland Security secretary for much of the past year, but a resolution from Rep. Marjorie Taylor Greene, R-Ga., a Trump ally, pushed it to the fore. Even if Republicans are able to impeach Mayorkas, he is not expected to be convicted in a Senate trial where Republican senators have been cool to the effort.

Persons: Alejandro Mayorkas, Mayorkas, “, ”, —, William Belknap, Mark Green, Joe Biden, Donald Trump, Joe Neguse, Biden, Hunter Biden, Marjorie Taylor Greene, Trump, Mike Johnson, it's “, ” It's, Johnson, Jonathan Turley, Alan Dershowitz, Deborah Pearlstein, Belknap Organizations: WASHINGTON, U.S, Homeland, Republicans, Homeland Security, Democrats, Mayorkas, Princeton Program, Law, Public, Capitol Locations: U.S, Mexico, Mayorkas, impeachments

☆ The conviction of Jennifer Crumbley, mom of Michigan school shooter, should put parents of kids with access to guns on alert
▼ + stars: | 2024-02-06 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewIn an unprecedented verdict on Tuesday, Jennifer Crumbley was found guilty for her son's 2021 rampage that left four of his Michigan classmates dead. And the verdict should put parents on alert that they, too, could be held criminally responsible for the heinous acts of their children who have easy access to guns. Prosecutors painted Jennifer Crumbley as an unaware and negligent mother who was consumed with an extramarital affair . Kris Brown, the president of Brady, a non-profit working to prevent gun violence, said that "irresponsible behavior" like that of Jennifer Crumbley "is why 76% of school shooters under the age of 18 get their firearms from home."

Persons: —, Jennifer Crumbley, it's, Neama Rahmani, James Crumbley, Rahmani, Karen McDonald, Hana, Juliana, Justin Shilling, Madisyn Baldwin, Mark Bederow, Bederow, Jennifer Crumbley's, bode, Kris Brown, Brady, Brown Organizations: Service, Business, West, Prosecutors, Tate, Defense Locations: Michigan, America, United States, Oakland, Hana St, Manhattan

The leading Democrat in the primary is George Whitesides, a former NASA chief of staff supported by the campaign arm of House Democrats. A STRONGLY DEMOCRATIC DISTRICT THAT VOTES REPUBLICANThe Central Valley farm belt is a political conundrum. Gray, who is backed by the campaign arm of House Democrats, argues that his party can’t reclaim the House majority without winning his district. Rollins, who is backed by the campaign arm of House Democrats, says it's time for new leadership and has depicted Calvert as an extremist. “House Democrats are ready to find common ground and a bipartisan path forward.”

Persons: Richard Nixon, Ronald Reagan, hasn’t, Joe Biden, —, Gavin Newsom, Donald Trump, Newsom, ” Newsom, Trump, Mike Garcia, Garcia, — Garcia, George Whitesides, He's, “, Katie Porter, Scott Baugh, Porter, Sen, David Min, Joanna Weiss, David Valadao, Democrat T.J, Cox, Rudy Salas, Valadao, Salas, Chris Mathys, Melissa Hurtado, Republican John Duarte, Democrat Adam Gray, Gray, Ken Calvert, Will Rollins, Calvert, Rollins, Michelle Steel, Kim Nguyen, Derek Tran, Steel, Mike Levin, Levin, ” Organizations: ANGELES, —, Republican, Democratic, GOP, White House, LA COUNTY, District, Navy, Trump, California’s, Los Angeles, NASA, Democrats, REAGAN, Orange, “ Reagan, U.S, Senate, Central, Republicans, Democrat, CENTRAL, ANGELES Rep, SOUTH, Republican Rep, Capitol, Steel, Democratic Party, Hamas, American, DEMOCRAT, DISTRICT, Biden, Marine, Base, Congress, “ Locations: California, Southern California, rematches, Washington, Democratic Los Angeles County, Los Angeles, Mexican, Central, Salas, Palm Springs, Korean, Capitol Hill, Orange County, Israel, Orange, San Diego, Coastal California, Pendleton

☆ The Fed really doesn't want to lose credibility, says Roger Ferguson
▼ + stars: | 2024-02-05 | 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 EmailThe Fed really doesn't want to lose credibility, says Roger FergusonFormer Fed Vice Chairman Roger Ferguson joins 'Squawk Box' to discuss the Fed's rate path decision, Fed Chair Powell's 60 Minutes interview, rate path outlook, and more.

Persons: Roger Ferguson

They propose a sixth category for storms with winds that exceed 192 miles per hour (309 kilometers per hour). Currently, storms with winds of 157 mph (252 kilometers per hour) or higher are Category 5. From time to time, experts have proposed a Category 6, especially since Typhoon Haiyan reached 195 mph wind speeds (315 kilometers per hour) over the open Pacific. Wehner said that as temperatures rise, the number of days with conditions ripe for potential Category 6 storms in the Gulf of Mexico will grow. “Perhaps I'll change my tune when a rapidly intensifying storm in the Gulf achieves a Category 6,” Corbosiero said in an email.

Persons: Michael Wehner, Brian McNoldy, Haiyan, Patricia, ”, Jim Kossin, Kossin, Wehner, Kerry Emanuel, Jamie Rhome, Simpson, McNoldy, Craig Fugate, Kristen Corbosiero, ” Corbosiero, ___ Read, Seth Borenstein Organizations: National Academy of Sciences, Associated Press, Lawrence Berkley National, University of Miami, dateline, NOAA, First Street Foundation . Pacific, MIT, National Hurricane Center, Emergency Management, University of Albany Locations: Philippines, Gulf of Mexico, United States, Australia, Jalisco, Mexico, Taiwan, China, Asia, Russia, of Mexico, Caribbean, Gulf, AP.org

Under California rules, Democrats and Republicans appear on the same primary ballot and the two candidates with the most votes advance to the general election, regardless of political party. Come November, the seat is expected to stay in Democratic hands in a state where Republicans haven’t won a U.S. Senate election since 1988. Gavin Newsom appointed Laphonza Butler, a longtime Democratic organizer, to fulfill Feinstein's term, and Butler chose not to seek election to the seat. In 2016 and 2018, GOP Senate candidates performed so poorly that two Democrats appeared on the November ballot. Porter opposes earmarks — where lawmakers direct federal spending to a specific project or institution back home — while Schiff and Lee endorsed them.

Persons: Democratic Sen, Dianne Feinstein, Adam Schiff, Donald Trump’s, Schiff, He’s, Barbara Lee, Katie Porter, Steve Garvey, Republicans haven’t, Garvey, ” Schiff, Garvey “, Porter, ”, Feinstein, Gavin Newsom, Laphonza Butler, Butler, Joe Biden's, Donald Trump, . Garvey, Eric Early, spotlighting, Alex Padilla, Mark Meuser, wasn’t, “, … I’ve, I’ve, Nancy Pelosi, Lee Organizations: ANGELES, Senate, Democratic, Democratic U.S . Rep, Democratic House, Republican, Los Angeles Dodgers, National League MVP, Republicans, U.S, GOP, Congress, Democrats, White, Trump, Dodger, Capitol Locations: U.S, California, ”, Los Angeles, Israel, Gaza, Russia

WASHINGTON (AP) — Each time Donald Trump refers to a Georgia prosecutor 's colleague as her “lover,” he's invoking a strikingly familiar turn of phrase. He's jumped on allegations of affairs and leveled claims of bias against agents, prosecutors and judges. “This case is a Hoax, just like Russia, Russia, Russia (and all of the rest! The Comey memo revealed that Trump had asked him to end an investigation into former national security adviser Michael Flynn. But to Trump and his supporters, the disclosure became an opening to attack Comey as a “leaker."

Persons: Donald Trump, ”, Trump, He's, Reid Schar, Rod Blagojevich, ” Trump, Fani Willis, Nathan Wade, Willis, Georgia's, “, Peter Strzok, Lisa Page, Strzok, ” “ Trump, Greg Brower, Christopher Steele, James Comey, he'd, Comey, Michael Flynn, Robert Mueller's, Trump's, Mueller, — Mueller, Virginia —, Christopher Mattei, John Rowland, Sandy, Alex Jones, Trump “, he’s Organizations: WASHINGTON, Trump, “ Prosecutors, of Justice, Illinois, DOJ, American, The Justice, Associated Press, FBI, Justice, Former, Connecticut Gov, Elementary Locations: Georgia, Russia, Fulton County, America, Virginia, Connecticut

☆ Turkey central bank chief quits, citing need to protect her family
▼ + stars: | 2024-02-03 | by ( ) www.cnbc.com time to read: +3 min

Turkish Central Bank Governor Hafize Gaye Erkan answers questions during a news conference for the Inflation Report 2023-III in Ankara, Turkey on July 27, 2023. Anadolu Agency | Anadolu Agency | Getty ImagesTurkey's central bank governor Hafize Gaye Erkan resigned on Friday, citing a need to protect her family amid a "reputation assassination", and she was swiftly replaced by a deputy who is expected to carry on her tight policy stance. The first woman to lead the central bank, Erkan was its fifth governor in as many years. Since then the central bank had hiked its key rate to 45% from 8.5%. Last month, opposition newspaper Sozcu published an article about a central bank employee who said she was wrongfully dismissed from the bank by Erkan's father.

Persons: Turkish Central Bank Governor Hafize Gaye Erkan, Hafize Gaye Erkan, Tayyip Erdogan, Erkan, Fatih Karahan, Erdogan, Sozcu, Erkan's Organizations: Turkish Central Bank Governor, Anadolu Agency, Getty, Official Gazette, Turks, Federal Reserve Bank of New Locations: Ankara, Turkey, Federal Reserve Bank of New York, U.S

☆ The FBI may have missed a 'hidden room' in the hunt for documents at Mar-a-Lago: report
▼ + stars: | 2024-02-02 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +2 min

Read previewSpecial Counsel Jack Smith's team has been asking about two Mar-a-Lago locations that the FBI may have skipped in 2022 when it sought to recover missing classified documents, sources told ABC News. However, the reported line of questioning suggests that Smith's team believes further documents could remain in two locations not searched by the FBI. The unnamed sources told ABC News that the FBI didn't search a "hidden room" off Trump's bedroom that they had been unaware of, as well as a closet that was locked on the day. Smith's team learned soon after the search that officers had missed some of the rooms, the sources said. But a Trump spokesperson told ABC News that the document case comprises "just desperate attempts at election interference ... to stop the presumptive Republican nominee for President."

Persons: —, Jack Smith's, Donald Trump's, Smith's, Trump, Jordan Strauss Organizations: Service, FBI, ABC News, Business, of Justice, Trump, Republican Locations: Lago, Mar

☆ Trump's top prosecutor in Georgia admits to relationship with DA Fani Willis, but says they always went halfsies on travel
▼ + stars: | 2024-02-02 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +7 min

DA Fani Willis has admitted to having a personal relationship with the top prosecutor in Donald Trump's Georgia case. Willis hit back at demands to disqualify her over allegations that she had an "improper" relationship with Nathan Wade. "To be absolutely clear, the personal relationship between Special Prosecutor Wade and District Attorney Willis has never involved direct or indirect financial benefit to District Attorney Willis," the filing read. Nathan Wade, the Georgia lawyer who admitted he had a relationship with Fulton County DA Fani Willis, addresses the judge in a recent hearing. "At times I have made and purchased travel for District Attorney Willis and myself from my personal funds."

Persons: Fani Willis, Donald Trump's, Willis, Nathan Wade, —, Donald Trump, Michael Roman, Ashleigh Merchant, Wade, Trump, Wade —, Joycelyn Wade, Attorney Willis, Fulton, Roman, Robert Cheeley, Elijah Nouvelage Wade, Scott McAfee, Merchant, Joycelyn, Nathan, Fani Willis colluded, Rich Organizations: Fulton, Service, Trump, Fulton County DA, Attorney, Merchant, REUTERS, San, Atlanta Journal, West, Trial Locations: Donald, Donald Trump's Georgia, Fulton County , Georgia, Trump, Trump's Georgia, Georgia, Napa Valley , Florida, Caribbean, Fulton County, Atlanta , Georgia, U.S, Miami, San Francisco, Atlanta

☆ Fed Chair Powell introduced a new risk of 'no landing' yesterday, says Roger Ferguson
▼ + stars: | 2024-02-01 | 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 EmailFed Chair Powell introduced a new risk of 'no landing' yesterday, says Roger FergusonFormer Fed Vice Chairman Roger Ferguson joins 'Squawk Box' to discuss the Fed's decision to leave rates unchanged, key takeaways from Fed Chair Powell's presser, rate path outlook, and more.

Persons: Powell, Roger Ferguson, Powell's presser

MIAMI (AP) — It was a plan the United States knew from the start would arguably violate international law. Here are some of the takeaways from the AP's exclusive report on the secret memo:Photos You Should See View All 45 ImagesWHAT DOES THE MEMO REVEAL? The 15-page memo spells out a secret DEA plan directing confidential informants to record Venezuelan officials suspected of converting the South American country into a narco state. “It is necessary to conduct this operation unilaterally and without notifying Venezuelan officials,” officials wrote in the memo. None of the indictments of Venezuelan officials before or after the 2018 memo made any mention of U.S. spying.

Persons: Nicolás Maduro, ”, Wes Tabor, Jose Vielma, Hugo Chávez, ” Michael Nadler, Maduro’s, Alex Saab, Maduro, “, Biden, Evan Criddle, William & Mary Organizations: MIAMI, Associated Press, U.S . Drug Enforcement Administration, DEA, IRS, U.S, Attorney’s, Justice Department, CIA, Supreme, William & Locations: United States, Venezuela, U.S, Manhattan, Miami, VENEZUELA, Latin America, Virginia, Investigative@ap.org

“It is necessary to conduct this operation unilaterally and without notifying Venezuelan officials,” reads the 15-page 2018 memo expanding “Operation Money Badger,” an investigation that authorities say targeted dozens of people, including Venezuelan President Nicolás Maduro. Within weeks, senior DEA officials plotted to deploy at least three undercover informants to surreptitiously record top officials suspected of converting Venezuela into a narco state. And “to limit or mitigate the exposure of the unilateral activities,” the document advised DEA officials to protect their informants and curtail in-person meetings with targets. I think they figured they had nothing to lose.”RELEASED BY ACCIDENTThe Operation Money Badger memo was never intended to be made public. The DEA memo authorized three informants to secretly record undercover meetings with the targets.

Persons: –, ”, Nicolás Maduro, Maduro’s, Alex Saab, Wes Tabor, “ We’re, Maduro, “, Biden, ” Maduro, Donald Trump’s, Trump, Joe Biden, ” —, Evan Criddle, William & Mary, there’s, Mike Vigil, Manny Recio, John Costanzo Jr, Costanzo, ” Michael Nadler, Washington –, launderer, Jose Vielma, Hugo Chávez, Vielma’s, Luis Motta, Vielma, Motta, Motta’s, Zach Margulis, Hugo Carvajal, Jennifer Farrar Organizations: MIAMI, The Associated Press, U.S . Drug Enforcement Administration, DEA, Justice, AP, CIA, State, Justice Department, U.S, Attorney’s, Democratic, Supreme, William &, Saab, Miami Field Division’s, IRS Locations: Venezuela, United States, U.S, America, Venezuelan, Miami, Manhattan, Russia, China, OPEC, Mexico, Virginia, “, Colombian, New York, Houston, Washington, Investigative@ap.org

☆ Interest Rate Cuts Could Be a Boon to Biden
▼ + stars: | 2024-01-31 | by ( Jim Tankersley | More About Jim Tankersley | ) www.nytimes.com time to read: +1 min

Federal Reserve officials do not set interest rates with presidential elections in mind. Investors do not widely expect rate cuts to be announced when Fed officials conclude a two-day meeting on Wednesday. Interest rate cuts could also help to improve housing affordability, an issue for young voters that has bedeviled the president. Falling interest rates could drive down mortgage rates. White House officials are careful not to comment on Fed rate decisions; Lael Brainard, a former Fed governor who heads Mr. Biden’s National Economic Council, laughed off a reporter’s question on the topic last week.

Persons: Jerome H, Powell, Biden, Lael Brainard Organizations: Federal, White, Fed, Investors, Economic Council Locations: Biden’s

☆ Google's layoffs already impacted its culture. Now they're affecting its bottom line.
▼ + stars: | 2024-01-31 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, we're looking at highlights from two of the world's biggest tech companies' earnings reports, including how much layoffs cost for one of them. Tech: Tech CEOs will testify before Congress today for a hearing on child safety. Mateusz Wlodarczyk/Getty ImagesThere's been plenty of speculation about what Google's mass layoffs last year meant for its famous culture. Jerod Harris/Getty ImagesCongress is set to grill some of the biggest names in tech today. Leaders from Meta, X, TikTok, and other tech companies will face questions over their platforms' efforts to protect children from sexual exploitation online.

Persons: It's, Sundar Pichai, Mateusz Wlodarczyk, Sarah Jackson, Satya Nadella Stephen Brashear, Hisham Ibrahim, Jerome Powell's, Claudia Sahm, Powell, Linda Yaccarino, Jerod Harris, Linda Yaccarino's, Jack Dorsey's Block, Dorsey, Brooks Kraft, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Business, Tech, Google, Microsoft, Getty, Bloomberg, JPMorgan, Meta, Elon Musk's, Brooks Kraft LLC, Los Angeles Times, UPS, Bureau of Labor Statistics, Amazon, Boeing, Mastercard Locations: Chipotle, New York, London

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