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☆ It's not just convicts. Russia is forcing its African migrants and students to fight for them in Ukraine.
▼ + stars: | 2024-06-10 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Read previewRussia is forcing thousands of African migrants and students to join in their war efforts against Ukraine, Bloomberg reported on Sunday, citing assessments from European officials. According to Bloomberg's report, Russian officials have threatened not to renew the visas of African migrant workers and students if they didn't join the Russian Armed Forces. Some African workers have even been threatened with deportation if they do not agree to fight in Ukraine, one European official told Bloomberg. Russia's reliance on attrition warfare has seen it continually drawing on its prison population to fuel its war effort. Russia's prison population stood at 420,000 before the war.

Persons: —, Vsevolod Vukolov, Elvira Nabiullina Organizations: Service, Ukraine, Bloomberg, Russian Armed Forces, Business, Washington Post, Russian, Kommersant, Central Bank Gov, BI Locations: Russia, Ukraine, Russia's

☆ Why Trump Resonates With Nevada Voters: Inflation, Economic Turmoil - The New York Times
▼ + stars: | 2024-06-10 | by ( Joe Lombardo | ) www.nytimes.com time to read: +1 min

In the 2022 elections, I was the only candidate in the country to unseat an incumbent governor of either party. Kitchen-table politics are once again demonstrating power in Nevada, as polling shows former President Donald Trump with a sizable lead over President Biden. When I took office, Nevada was grappling with the economic hangover of the pandemic. Since Mr. Biden took office, prices have risen 19 percent, a major factor in real average weekly earnings dropping 4 percent. This type of economic turmoil is simply unsustainable for Nevada families.

Persons: Nevadans, Donald Trump, Biden Organizations: Economic Locations: Nevada

☆ Endangered Republicans gamble backing Trump after guilty verdict as vulnerable Democrats remain cautious
▼ + stars: | 2024-06-09 | by ( Manu Raju | Annie Grayer | ) edition.cnn.com time to read: +10 min

CNN —Former President Donald Trump lost Rep. Mike Garcia’s district by more than 12 points four years ago. I’m the Republican,” said Rep. Lori Chavez-DeRemer, whose Oregon district Biden won by eight points in 2020, confirming she’s sticking with Trump after his conviction. Rep. Mike Lawler, whose New York district Biden carried by 10 points, sharply criticized the prosecution against Trump. Republicans in this camp believe there is no limit to how hard they can lean in to talking about Trump’s conviction and see the Trump verdict as a golden ticket. GOP Rep. Ralph Norman, a Republican hardliner from South Carolina, said Republicans would “absolutely” retaliate against Trump’s political enemies after November, including prosecutors.

Persons: Donald Trump’s, Manu Raju ”, Donald Trump, Mike Garcia’s, ” Garcia, Joe Biden, There’s, Biden, ”, John Duarte, Trump, “, Richard Hudson, ” Hudson, Suzan, ” George Whitesides, Garcia, Mike Garcia, ” Whitesides, “ Joe Biden who’s, “ who’s, I’m, Lori Chavez, DeRemer, Mike Lawler, ” Lawler, Celal, Bernie Moreno, Tim Sheehy, Sherrod Brown, Jon Tester, Sheehy, Tester, ” Tester, ” Brown, I’ve, Brown, Sen, Bob Casey, Stephanie Bice, Anna Moneymaker, Nick LaLota, Attorney Alvin Bragg, ” LaLota, Republican Sen, Thom Tillis, Mitch McConnell, ” Tillis, Mike Johnson, Jim Jordan, Johnson, – Jordan, Chip Roy, ” Roy, Marjorie Taylor Greene, ” Greene, Ralph Norman, ” Norman, Tesfaldet, Morgan Rimmer Organizations: CNN, California Republican, Trump, “, Republicans, Democrats, Biden, GOP, North Carolina Republican, ”, Democratic, of, Republican, Washington DC, Getty, New York, Manhattan, Attorney, Department of Justice, DOJ, Republican Party Locations: California, York, Washington, of California, Oregon, New York, Anadolu, Ohio, Montana, Pennsylvania, Washington , DC, New, Hill, South Carolina

☆ Israel rescues four hostages in operation Gazan officials say killed more than 200
▼ + stars: | 2024-06-08 | by ( Niamh Kennedy | Benjamin Brown | ) edition.cnn.com time to read: +10 min

CNN —The Israeli military rescued four hostages in a special operation in the Nuseirat refugee camp, central Gaza, that Gazan authorities said killed 236 people and injured more than 400 others. An Israeli policeman from a special counter-terrorism unit was killed in Saturday’s rescue operation, according to Israeli police. At least 236 people have been killed as a result of the rescue operation and more than 400 injured, hospital officials in Gaza said Saturday. The killed and wounded were taken to two hospitals in Gaza, Al-Awda Hospital in Nuseirat and Al-Aqsa Martyrs Hospital in Deir Al-Balah. An Israeli military spokesperson put the number of casualties from the operation at “under 100,” and had no information on how many of those were civilians.

Persons: Noa Argamani, Almog Meir Jan, Andrey Kozlov, Shlomi Ziv, ’, Dr Marwan Abu Nasser, Balah, Daniel Hagari, Argamani, Hagari, ” Hagari, Nidal Abdo, ”, Abu Abdallah, “, Ismail Haniyeh, ” Abu Obaida, Al, Ori Megidish, Fernando Marman, Louis Har, Isaac Herzog, Avinatan, Liora Argamani, Noa, Joe Biden, Argamani’s, Benjamin Netanyahu, – Almog Meir Jan, Yehuda, – Shlomi Ziv, Ziv, Miren, – Andrey Kozlov, ” Orit Meir, ” Meir, Jennifer Master, ” Yaakov Argamani, ” Rozi Ziv Organizations: CNN, Israel Defense Forces, Nova, HaShomer Medical Center, Awda, Aqsa Martyrs Hospital, Aqsa, Palestinian, Hamas, IDF, Brigades, Presidential Press, Reuters, Ichilov, Israeli Locations: Gaza, Nuseirat, ’ Tel, Al, Aqsa, Deir Al, Deir al, Israeli, “, Israel, Rafah, Chinese, Tel Aviv, Russian

☆ BYD vs Huawei: Trash talking by China’s EV giants highlights pressures at heart of world’s biggest car market
▼ + stars: | 2024-06-07 | by ( Laura He | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —As profit margins get squeezed, temperatures are rising in the world’s biggest car market. A tense exchange between two major Chinese electric vehicle (EV) manufacturers in recent days highlights the pressures they face as a price war in the industry intensifies. While top executives from the EV industry often post on social media about a range of topics, including technology and advertising, they rarely name rival companies, especially when criticizing them. In recent months, a price war has escalated in China’s hyper-competitive EV industry, with manufacturers battling for consumer attention with deep discounts or newer, cheaper models. The country has more than 200 EV manufacturers who are grappling with huge oversupply and slowing consumer demand.

Persons: Yu Chengdong, ”, Elon Musk, Tesla, ” Yu, Joe Biden, Mr Yu, ” Li Yunfei, Huawei's, Li, Wang Chuanfu, BYD, Wang Organizations: Hong Kong CNN —, BYD, European Union, Huawei Locations: China, Hong Kong, Shenzhen, BYD, Weibo, Shanghai

☆ Late Miss USA Cheslie Kryst thought her accomplishments were 'just OK,' mom says: How high-functioning depression presents
▼ + stars: | 2024-06-06 | by ( Renée Onque | ) www.cnbc.com time to read: +1 min

Even the highest of achievers can struggle with feelings of loneliness and unbearable sadness behind closed doors — a state that's commonly referred to as high-functioning depression. High-functioning depression isn't a clinical diagnosis, but the National Alliance on Mental Illness recognizes it as a term that can describe "anyone who is grappling with mental health issues while accomplishing their day-to-day tasks and upholding their responsibilities." Symptoms of high-functioning depression can present differently than the severe signs of major depressive disorder like diet changes, sleep disturbances, fatigue and feelings of hopelessness, says April Simpkins, mother of the late Miss USA winner Cheslie Kryst. "For some people like Cheslie, it can feel like [it's] normal to be in the state of feeling sadness or feeling loneliness. We spoke to Chase Cassine, a licensed clinical social worker and psychotherapist, about managing symptoms of high-functioning depression.

Persons: Simpkins, Cheslie Kryst, Cheslie, NAMI, Chase Cassine Organizations: National Alliance, Mental, Miss USA, CNBC

☆ Alphabet's new CFO was in the middle of the GLP-1 boom. Now she's onto generative AI
▼ + stars: | 2024-06-06 | by ( Jennifer Elias | ) www.cnbc.com time to read: +10 min

Alphabet announced on Wednesday that Eli Lilly Chief Financial Officer Anat Ashkenazi will be its new CFO after an almost year-long search. Shares of Eli Lilly have soared 90% in the past year and are trading at a record. When she joined Eli Lilly in 2001, she came in through the company's new venture capital division, which was co-founded by her then-spouse Ron Laufer. Fastest growth in decadesFounded in 1876, Eli Lilly has long been one of the major U.S. pharmaceutical companies. But the last couple years have marked a period of historic growth for Eli Lilly due to the exploding popularity of GLP-1s.

Persons: Anat Ashkenazi, Eli Lilly Eli Lilly Alphabet's, Ruth Porat, Eli Lilly, Ashkenazi, it's, Eli Lilly's, David Ricks, Morgan Stanley, Sundar Pichai, Hollie Adams, Ron Laufer, John Smiley, Eli, It's, Trump, Eli Lilly's Covid, we're, Askhenazi, OpenAI's, Larry Page, Sergey Brin, CNBC's Eric Rosenbaum, Toby Lyles Organizations: San, San Francisco Bay Area, Google, Economic, Bloomberg, Getty, CNBC, Tel Aviv University, Hebrew University, U.S . Food, Drug, U.S . Department of Justice, FDA, Reuters, Employees, NBC Locations: U.S, Indiana, San Francisco Bay, Davos, Switzerland, Israel, biopharma, North Carolina, Germany, New Jersey

☆ Three stocks to play the booming energy needs of AI data centers, according to BTIG
▼ + stars: | 2024-06-06 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

"Speed to market for some data centers matters," the analysts told clients in a Thursday research note. This should provide opportunities for companies that can provide on-site solutions that allow data centers to skip the interconnection line, they said. BTIG recommends Bloom Energy , Core Scientific and FTAI Infrastructure as ways to play the power shortage theme. Bloom can provide energy through on-site fuel cells that run on natural gas or hydrogen. Core Scientific is a Bitcoin miner that is diversifying into data centers.

Persons: Gregory Lewis, BTIG, FTAI Organizations: Bloom Energy, Core, FTAI, Intel Locations: California

☆ European elections 2024: What’s at stake in the world’s biggest multi-country vote
▼ + stars: | 2024-06-06 | by ( Luke Mcgee | ) edition.cnn.com time to read: +11 min

CNN —One of the world’s largest democratic exercises gets underway this week, with some 373 million people across the European Union eligible to vote in elections for the next European Parliament. Pedestrians walk past a banner displayed on the building of the European Parliament in Brussels on May 17, 2024. The European Parliament sits primarily in Brussels, Belgium, but moves roughly once a month to Strasbourg, France. National elections are set to take place in France in 2027, in which right-wing populist Le Pen could emerge victorious. There are EPP members (and certainly ECR members) who will agree with ID members on matters such as immigration and climate change.

Persons: Kenzo Tribouillard, Germany’s Ursula von der Leyen, Ursula von der Leyen, Giorgia Meloni, Yara Nardi, Pen, Emmanuel Macron’s, What’s, Simona Granati, der Leyen, Von der Leyen, it’s Organizations: CNN, European Union, Voters, EU, Getty, European Commission, European Council, Italian, European, European People’s Party, EPP, Progressive Alliance of Socialists, European Conservatives, ECR, Corbis, Von Locations: Ukraine, Gaza, EU, Brussels, AFP, European, Belgium, Strasbourg, France, Lampedusa, China, Europe, Italian, Rome, Italy, Germany

☆ E.C.B. Is Likely to Leapfrog the Fed on Interest Rate Cuts
▼ + stars: | 2024-06-05 | by ( Eshe Nelson | ) www.nytimes.com time to read: +1 min

European Central Bank officials are expected to cut interest rates this week for the first time in more than five years, drawing a line under the worst of the eurozone’s inflation crisis and easing the pressure on the region’s weak economy. But as policymakers in the eurozone move ahead, they leave behind their counterparts at the U.S. Federal Reserve, who are grappling with a seemingly more persistent inflation problem and warning that it will take longer to cut rates there. Lowering interest rates in Europe before the United States does would create a gap between the policies of two of the world’s largest and most influential central banks. to ease its policy could weaken the euro, while higher interest rates in the United States would continue to tighten financial conditions there and in other countries because of the global role of the dollar. can split from the Federal Reserve, while others say a divergence is not unusual and reflects two different economic situations.

Organizations: European Central Bank, U.S . Federal Reserve, Federal Reserve Locations: Europe, United States

☆ Walmart starts bonus program for hourly workers
▼ + stars: | 2024-06-05 | by ( Chris Isidore | ) edition.cnn.com time to read: +1 min

New York CNN —Walmart, America’s largest private-sector employer, is starting a bonus program for its hourly employees. Walmart has an outsized impact on the labor market for hourly workers , and has been grappling with finding and retaining the workers it needs in a tight labor market. The company has 1.6 million US employees, of which nearly 1.5 million are hourly workers. It said this new program covers about 700,000 of those hourly employees who work in stores. Walmart boosted the average pay of its store managers from $117,000 to $128,000, or by just over 9%, the retailer announced earlier this year.

Persons: – CNN’s Nathaniel Meyersohn Organizations: New, New York CNN, Walmart Locations: New York

☆ Alphabet taps Eli Lilly's Anat Ashkenazi as new CFO
▼ + stars: | 2024-06-05 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Eli Lilly CFO Anat Ashkenazi will become Alphabet's new chief financial officer effective July 31, Google's parent company announced Tuesday, almost a year after Alphabet first announced current CFO Ruth Porat would move to a new role as president and chief investment officer. Ashkenazi has had a 23-year career at Eli Lilly, which in a separate release confirmed her departure. Ashkenazi joined Eli Lilly in 2001 and had been CFO since 2021. She previously served as a CFO for several of the company's global business areas, helping to manage the revenue windfall from Eli Lilly's weight loss and diabetes drugs. Porat had nearly three-decade career as as an investment banker at Morgan Stanley, culminating as its CFO, before joining Google in 2015.

Persons: Eli Lilly, Anat Ashkenazi, Ruth Porat, Ashkenazi, Sundar Pichai, Eli Lilly's, Porat, Morgan Stanley, Philipp Schindler, Prabhakar Raghavan, Thomas Kurian, Susan Wojcicki, Robert Kyncl, Geoffrey Hinton, — CNBC's Jenn Elias, Annika Kim Constantino Organizations: Google, CNBC, YouTube

☆ CEOs are making almost 200 times what workers are
▼ + stars: | 2024-06-04 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

The median CEO in the S&P 500 was paid 196 times as much as the median employee in 2023, according to an analysis by Equilar and The Associated Press. The widening divide is driven by the fact that CEO pay — which is closely tied to share prices — is rising notably faster than that of employees. Median total compensation for S&P 500 CEOs (including stock awards) soared to $16.3 million in 2023 — a huge year-over-year increase of 12.6%, compared to just 0.9% in 2022. The median S&P 500 employee earned $81,467 last year, up 5.2% from 2022, the report said. Given the rising stock market, the median stock award increased by 10.7% to $9.4 million, the report found.

Persons: Moody’s, Eleanor Bloxham, Bloxham, “, Hock Tan, William Lansing, Tim Cook, Barbara Rentler, — Organizations: New, New York CNN, Associated Press, Workers, Value Alliance, CNN, Federal Reserve, Nasdaq, Broadcom, Apple, Ross Stores, Ross Locations: New York, United States

Learn moreThe complicated history behind the LA Clippers is finally getting the miniseries treatment with a new FX on Hulu series. Keep reading to learn everything you need to know about where to watch Clipped. Clipped tells the scandalous story of former Clippers owner Donald Sterling's (Ed O'Neill) reign. Keep reading to learn all of the details on Clipped, including what time new installments drop and how many episodes are expected this season. How to watch Clipped in the USNew episodes of Clipped are available to stream on Tuesdays at 12 a.m.

Persons: Donald Sterling's, Ed O'Neill, Doc Rivers, Laurence Fishburne, Donald, Shelly, Jacki Weaver, Stiviano, Cleopatra Coleman, Gina Welch, ExpressVPN Organizations: Business, LA Clippers, Hulu, Clippers, NBA, The Sterling Affairs, ESPN Locations: United States

Raymond Hall/Getty ImagesGypsy Rose Blanchard will offer a close look at her life after prison in the new Lifetime docuseries Gypsy Rose: Life After Lock Up. Whether you have cable or are looking for a live streaming alternative, we've got you covered when it comes to where to watch Gypsy Rose: Life After Lock Up live. Gypsy Rose: Life After Lock Up shows Blanchard as she attempts to reacclimate to everyday life while grappling with her newfound fame. Where to watch Gypsy Rose: Life After Lock Up in the USNew episodes of Gypsy Rose: Life After Lockup air on Mondays at 9 p.m. Gypsy Rose: Life After Lock Up trailerLifetime released a trailer for Gypsy Rose: Life After Lock Up at the end of May.

Persons: Rose Blanchard, Raymond Hall, we've, Blanchard, Gypsy Rose Blanchard, Rose, Philo, ExpressVPN Organizations: Business, Getty, Lifetime, Sling, AMC, TLC, Food Network, TNT, CNN, ESPN

☆ Why Mexico’s election is more important than ever for the United States
▼ + stars: | 2024-05-31 | by ( Sofía Benavides | ) edition.cnn.com time to read: +11 min

But it’s not just the massive scale of the event that makes it so important in the eyes of observers across the border in the United States. Key to facilitating this shift was the creation of the USMCA trade agreement, which came into effect in 2020 between Mexico, the United States and Canada. “Mexico committed to addressing the two main Mexican issues affecting the United States and that will determine the next election: migration and fentanyl. “But the United States also has to dismantle the network of traffickers within (its own borders). There is a significant network of organized crime in the United States that the administration must arrest, bring to trial, and whose activities it must restrict,” she added.

Persons: Mexico’s, it’s, – Claudia Sheinbaum, Xóchitl Gálvez, Xochitl Galvez, Quetzalli, Claudia Sheinbaum, Raquel Cunha, Reuters “, ”, Rafael Fernández de Castro Medina, Lila Abed, Andrés Manuel López Obrador, Joe Biden, Donald Trump, “, ” Abed, Abed, Ulises Ruiz, Raquel López Portillo Maltos, Jorge Alberto Schiavon Uriegas, López Obrador, Schiavon Uriegas, Carin Zissis, Sheinbaum, Zissis, Lopez Obrador, ¨, Chandan Khanna, “ México, Jose Luis Gonzalez, “ López Obrador Organizations: CNN, Sigamos, Reuters, Center for US, Mexico Studies, University of California, Mexico Institute, Wilson, Workers, AFP, Getty, Mexican Council, Foreign Relations, Center for Studies, Foreign, Trump, Biden, Americas Society, National Guard, Army, ¨ Trump, Border Patrol, Mexican Refugee Aid Commission, Mexican Army, National Security Law, CIA, Ministry of Foreign Affairs, Republican, Democratic Locations: United States, Morena, Mexico City, Mexico, San Diego, China, Canada, Ukraine, Cerritos, Ciudad Guzman, Jalisco, “ Mexico, Americas, Piedras Negras, Eagle, , Texas, Operation Juarez, Ciudad Juarez

☆ 3 Sultry, Summery New Thrillers
▼ + stars: | 2024-05-31 | by ( Sarah Lyall | ) www.nytimes.com time to read: 1 min

This month’s thrillers are full of women grappling with misdeeds — in some cases their own, but mostly those of men. We start in Dublin, where Lou Manson, a college professor, is trying as hard as she can to forget the awful thing that happened more than 30 years ago. But when a figure from the past suddenly emerges, it all comes flooding back. “It only takes a second for the terror and guilt to find me,” she says. It’s also about how hard it can be for victims to find peace.

Persons: —, Lou Manson, ”, Fiona McPhillips’s, thrall, It’s Organizations: Catholic Church Locations: Dublin

☆ NASA isn’t just creating a lunar time zone. It’s establishing an entirely new time scale
▼ + stars: | 2024-05-30 | by ( Jackie Wattles | ) edition.cnn.com time to read: +15 min

They’re also going to be communicating with one another or driving their moon buggies while on the lunar surface. Lunar clockworkWhat scientists know for certain is that they need to get precision timekeeping instruments to the moon. Exactly who pays for lunar clocks, which type of clocks will go, and where they’ll be positioned are all questions that remain up in the air, Gramling said. Focke Strangmann/APThe new time scale would underpin an entire lunar network, which NASA and its allies have dubbed LunaNet. But how future astronauts living and working on the lunar surface will experience time is a different question entirely.

Persons: aren’t, Cheryl Gramling, NASA’s, Gramling, Omer Tarsuslu, They’re, ” Gramling, Albert Einstein, Paco, Sao, Sundials, —, ”, Bruce Betts, Kevin Coggins, you’ve, ” Coggins, “, Bijunath, Patla, ” Patla, Focke Strangmann, It’s, “ It’s, Betts, Artemis III, Arizona State University “ It’ll Organizations: CNN, NASA, NASA’s Goddard Space Flight, Getty, White, Astronauts, Planetary Society, NASA’s Space Communications, Navigation, US National Institute of Standards, Technology, Vehicles, Physical, National, European Space Agency, International Astronomical Union, Reconnaissance, Arizona State University Locations: United States, China, Maryland, Kars, Turkey, Anadolu, German, Sao Miguel, Evora , Portugal, Germany, Malapert Massif

☆ A national network of local news sites is publishing AI-written articles under fake bylines. Experts are raising alarm
▼ + stars: | 2024-05-30 | by ( Hadas Gold | ) edition.cnn.com time to read: +10 min

But a closer look at the bylines populating the local site and a national network of others — Sarah Kim, Jake Rodriguez, Mitch M. Rosenthal — reveals a tiny badge with the words “AI.” These are not real bylines. The outlet, Hoodline, is not the first or only news site to harness AI. Sports Illustrated deleted several articles from its website after they were found to have been published under fake author names. Keeping local news aliveOn Hoodline’s network of local news sites, it is difficult to find an article not written by the software. But the transformation at Hoodline shows that bigger solutions are needed to keep vital local news reporting alive.

Persons: Sarah Kim, Jake Rodriguez, Mitch M, Rosenthal —, ”, Hoodline, ” Zachary Chen, ” Chen, “ Nina, Mark Graham, Peter Adams, “, ” Adams, Chen, Danielle Coffey, ” Coffey, That’s, Felix Simon, ” Simon, Simon, Benjamin Toff, Hoodline San Francisco ’, Nuala, ” Bishari Organizations: CNN, Media, Tech, Gannett, Internet, Wayback Machine, News Literacy, LinkedIn, Media Alliance, News Corp, Reuters Institute for, Journalism, University of Oxford, Research, University of Minnesota, San Francisco Chronicle Locations: embarrassments, San Francisco, Philippines, Hoodline San

☆ Bank of America CEO says U.S. consumers and businesses have turned cautious on spending
▼ + stars: | 2024-05-30 | by ( Hugh Son | ) www.cnbc.com time to read: +3 min

U.S. consumers and businesses alike have turned cautious on spending this year because of elevated inflation and interest rates, according to Bank of America CEO Brian Moynihan. That's a sharp slowdown from the nearly 10% growth rate seen in May 2023, he said. Referring to consumers and businesses, Moynihan said: "Both of our customer bases that have a lot to do with how the American economy runs are saying, 'You know what? The same is true for small- and medium-sized businesses, the Bank of America CEO said. Moynihan and other bank CEOs have a birds-eye view of the economy, given their coast-to-coast coverage of households and companies.

Persons: Brian Thomas Moynihan, Brian Moynihan, Moynihan, That's, We've, They're, JPMorgan Chase Organizations: of America, U.S . Senate Banking, Housing, Urban Affairs, Wall, Capitol, Bank of America, The Fed, U.S, JPMorgan, Fed Locations: Washington , U.S, New York, McDonald's, U.S

☆ Michigan state trooper accused of fatally hitting a fleeing suspect with an SUV is charged with murder
▼ + stars: | 2024-05-30 | by ( Elizabeth Wolfe | Raja Razek | ) edition.cnn.com time to read: +4 min

CNN —A Michigan State Police detective has been charged with murder after investigators say he fatally struck a fleeing suspect with an SUV last month near Grand Rapids, state prosecutors announced. Sterling fell to the ground and began yelling and groaning about pain in his back, body-worn police camera footage shows. Keely, 50, has been charged with one count of second-degree murder, which carries a life sentence, as well as an alternative charge of involuntary manslaughter, Michigan Attorney General Dana Nessel announced Tuesday. Brian Keely Michigan State Police)“Detective Sergeant Keely’s actions that day were legally, grossly negligent and created a very high risk of death or great bodily harm, which could have otherwise been prevented,” Nessel said. Keely was suspended from his position following the incident, Michigan State Police Director Col. James Grady II said last month.

Persons: Sgt, Brian Keely, Samuel Sterling, Sterling, Keely, Dana Nessel, ” Nessel, James Grady II, Grady, it’s, ” Grady, Ven Johnson, “, ”, Marc Curtis, ” Johnson, Sterling “, ” Curtis Organizations: CNN, Michigan State Police, Michigan Department, Sterling, Brian Keely Michigan State Police, WWMT, Authorities, Marshall’s, Force Locations: Grand Rapids, Kentwood, Michigan, Burger

☆ This signal could be good news for the stock market
▼ + stars: | 2024-05-29 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Some analysts think that means good news for stocks in the second half of the year. While [gross domestic product] and the labor market seem to be slowing, earnings are accelerating,” wrote the Bank of America analysts. That means an improving manufacturing cycle but slowing services can lead to a divergence between market performance and economic performance. “We’ve witnessed records repeatedly break in both stock and housing markets over the past year.”In addition to unrelentingly high home prices, the housing market is also grappling with a chronic lack of homes on the market and elevated mortgage rates. Put together, it has resulted in a tough housing market, especially first-time buyers.

Persons: Dow, PMIs, ”, Brian Luke, “ We’ve, Read, Apple’s Siri, Siri, Samantha Murphy Kelly, Tim Cook, ” Read Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Institute for Supply Management, PMI, Bank of America, Dell, Marvell, Costco, Dow Jones, Developers Conference, Google, Samsung, ” Apple Locations: New York, San Diego , New York, Cleveland, Los Angeles

☆ Lexi Thompson, 29, to retire from pro golf at the end of the 2024 season. ‘Being out here can be a lot. It can be lonely’
▼ + stars: | 2024-05-29 | by ( Jack Bantock | ) edition.cnn.com time to read: +6 min

CNN —Lexi Thompson will retire from professional golf at the end of the 2024 season, calling time on a decorated career at the age of 29, the American announced on Tuesday. And of course, I look forward to a little time for myself.”Thompson became the youngest to ever compete at the US Women's Open in 2007. “You haven’t always been easy on me, or fair for that matter, but through all the ups and downs, you’ve given me a platform to inspire others and positively impact the world,” Thompson said in her letter. Stephen Dunn/Getty Images‘A whirlwind of constant attention, scrutiny and pressure’Thompson spoke through tears during a press conference at Pennsylvania’s Lancaster Country Club, US Women’s Open host, on Tuesday. 1 and the US Women’s Open tournament favorite Nelly Korda.

Persons: Lexi Thompson, –, ” Thompson, “, Leo, Streeter Lecka, Thompson, agonizingly, South Korea’s, Stephen Dunn, ’ Thompson, ”, I’ll, We’re, we’re, that’s, David Cannon, Rose Zhang, Rory McIlroy, Max Homa, Matt Rourke, Nelly Korda, “ She’s, ” Korda, she’s, Corpuz, She’s, Michelle Wie West, Annika Sörenstam, Thompson’s, Suzann, fairways we’ve Organizations: CNN, American, Floridian, Kraft Nabisco, Chevron, –, USA, Solheim, Olympic, US, LPGA, Aramco, European, South, Pennsylvania’s Lancaster Country Club, PGA, Shriners, PGA Tour, ” Locations: Instagram, “

☆ US home prices hit another record high in March
▼ + stars: | 2024-05-28 | by ( Bryan Mena | ) edition.cnn.com time to read: +3 min

Washington CNN —US home prices reached a record high in March, reflecting the housing market’s persistent affordability crisis. The S&P CoreLogic Case-Shiller US National Home Price Index, a measure of home prices across the country, jumped 6.5% in March from a year earlier to a record high. It is the sixth time the index has reached a new record high over the past year. Persistent challenges, but some slight improvementsHousing affordability, which factors in incomes, home prices and mortgage rates, remains in the doldrums. Annual home price growth is down from a record high of 20.8% in March 2022, but it has picked up steam in the past several months.

Persons: ”, Brian Luke, Dow, “ We’ve Organizations: Washington CNN, Dow Jones, Federal Reserve, Treasury, National Association of Realtors Locations: San Diego , New York, Cleveland, Los Angeles

CNN —After months of either ignoring or poking fun at former President Donald Trump’s criminal trial, the Biden campaign on Tuesday decided for the first time to stage a news conference about Trump’s record outside the courthouse where closing arguments were taking place. In their view, Trump’s trial would speak for itself, reintroducing the former president and the chaos that surrounds him to voters who may have tuned him out. “The entire news media is camped out here, day in and day out,” campaign communications director Michael Tyler said, explaining the choice to address reporters outside the lower Manhattan courthouse. Biden campaign officials are still grappling with the reality, this person said, that a substantial part of the population still doesn’t see that the choice on Election Day will be between Biden and Trump. “We knew Trump was out of control when he was president,” De Niro says over a shot of Trump behind the Resolute Desk.

Persons: Donald Trump’s, Biden, Robert De Niro, Trump, ” De Niro, That’s, Michael Tyler, De Niro, Michael Fanone, Harry Dunn, “, Donald Trump, United States —, ” Fanone, Jason Miller, Steven Cheung, Karoline Leavitt, Miller, ” Miller, Juan Merchan, ”, won’t, Harris, Niro, ” Dunn, We’ve, –, Biden’s, Aquilino Gonell, Danny Hodges, Dunn, Gonell, Hodges, CNN’s Kate Sullivan Organizations: CNN, White, Capitol, Trump, United, Top Trump, Biden, ”, Resolute, Metropolitan Police, US Capitol Police, Capitol Police, DC’s Metropolitan Police Department Locations: Manhattan, United States, White, —, Washington, DC

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