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☆ A laid-off baby boomer got frustrated with the job hunt, so he started his own business. He explains why age is an asset for entrepreneurs.
▼ + stars: | 2024-08-26 | by ( John Towfighi | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "It's about leaning into my age and experience as an asset versus being 'too old' for the startup world," Loria, 61, said. A survey by Gusto, a payroll-services company for small businesses, found that nearly one in four new businesses started in 2023 were in the professional-services industry. It also found that among the businesses started by people 55 and older in 2023, about 35% were in the professional-services industry. He said there was a "natural match" between younger and older founders: He appreciates the boldness and drive of younger founders and thinks he can provide the wisdom that he's developed over the years.

Persons: —, Joseph Loria, Loria, RetentionCX, he'd, he's Organizations: Service, Business, Tulane University

☆ Pilot who tried to stop engines midflight after taking magic mushrooms calls his actions 'unfathomable'
▼ + stars: | 2024-08-23 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mirna-Alsharif-Byline-Jm.Jpg | Mirna Alsharif | ) www.nbcnews.com time to read: +2 min

The off-duty Alaska Airlines pilot accused of trying to shut down the engines of an airborne plane last year spoke on the incident for the first time. The plane, Flight 2059 operated by Alaska Airlines subsidiary Horizon Air, was traveling from Everett, Washington, to San Francisco and was diverted to Portland. "I did something unfathomable to me, something I have to take responsibility for and I regret," he said. "There was a feeling of being trapped, like am I trapped in this airplane?" Emerson was initially charged with more than 80 counts of attempted murder, but those charges where reduced to reckless endangerment.

Persons: ABC's, Joseph Emerson, Emerson, GMA's Gio Benitez, Noah Horst, “, Joe Organizations: Alaska Airlines, Horizon Locations: Everett , Washington, San Francisco, Portland

☆ New York Liberty down Dallas Wings 79-71 to win eighth straight and extend league-best record
▼ + stars: | 2024-08-23 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +3 min

CNN —The New York Liberty solidified their spot at the top of the WNBA standings with a 79-71 home win over the Dallas Wings at the Barclays Center on Thursday. The result made it eight victories in a row for the Liberty, who currently sit atop the Eastern Conference with a league-best 25-4 record, the team’s best start through 29 games in franchise history. The Liberty only shot 35.1% from the field as a team but still had four players score in double figures. It was a morale boosting win for New York, which became the first team to clinch a postseason berth on Saturday. The defeat moves the Wings to 6-22, tied for the worst record in the WNBA with the Los Angeles Sparks and Washington Mystics.

Persons: Breanna Stewart, Sabrina Ionescu, Betnijah Laney, Hamilton, ”, Sandy Brondello, Stewart, Catalina Fragoso, Kayla Thornton, Dallas, “, ’ “ They’re, Leonie Fiebich, Thornton, Jonquel Jones, Ogunbowale –, –, Natasha Howard Organizations: CNN, The New, The New York Liberty, WNBA, Dallas Wings, Barclays Center, Liberty, Eastern Conference, Wings, Getty Images, New, Dallas, Los Angeles Sparks, Washington Mystics Locations: The New York, New York, York

☆ Words Used at the Democratic and Republican National Conventions
▼ + stars: | 2024-08-23 | by ( Jonathan Corum | ) www.nytimes.com time to read: +4 min

From left, Chip Somodevilla/Getty Images;J. Scott Applewhite/Associated PressWords Used at the Democratic and Republican National ConventionsSpeakers at the Democratic National Convention used more than 109,000 words over four days in Chicago this week. Their choice of words and phrases contrasts the themes and ideas of last month’s Republican National Convention. Excluding common and routine words, the most frequently spoken words at the Democratic convention were:A similar number of words were spoken at the Republican convention in Milwaukee last month, with speakers using more than 110,000 words over four days. Speakers at the Democratic convention leaned into words about liberty and patriotism, mentioning “freedom” 227 times compared with 67 times at the Republican convention. Words like “woman,” “joy” and “weird” were also used more often by Democratic speakers.

Persons: Chip Somodevilla, Scott Applewhite, Donald J, Kamala Harris’s, Joseph R, Biden, Tim Walz Kamala Harris, Trump JD Vance, Kamala –, Harris, Putin –, – –, Mandel Ngan, Will Oliver, Walz, Kenny Holston, Joy, ”, Trump, Obamacare Organizations: Democratic, Republican, Democratic National Convention, Republican National Convention, Love, Social Security, Trump, Biden, Harris –, AFP, Shutterstock, Associated Press, New York, “ America, Republicans Locations: Chicago, Milwaukee, Ukraine, Russia, China, Israel, Gaza, Iran, Afghanistan

☆ Markets are now wondering whether the Fed might cut by half a point in September
▼ + stars: | 2024-08-23 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

Traders continued to price in a greater likelihood that the Fed will kick off what is expected to be a protracted easing campaign in September with a quarter percentage point, or 25 basis point, reduction. "My base-case scenario is that we are on a journey of 25 basis point cuts, probably for the next eight meetings, a couple hundred basis points cumulative," economist Paul McCulley said on CNBC's " Squawk on the Street ." "But if we see weaker growth, and particularly weaker jobs, then I think we could have a bit of front-loading and start the process with 50 basis point cuts." That, among other vows to support the economy now that inflation has waned, provided some indication that a 50 basis point move is at least on the table. Markets expect the central bank to knock off a full percentage point this year and at least that much in 2025.

Persons: Jerome Powell, Paul McCulley, Powell, Joseph LaVorgna, you've, Raphael Bostic, Bostic, Rick Rieder, Goolsbee Organizations: Federal, Traders, CME, Cornell, Georgetown, Fed, Nikko Securities, CNBC, Federal Reserve Bank of Chicago Locations: Powell's, Jackson Hole , Wyoming, Atlanta, Chicago

☆ NFL Draft 2025 Big Board: Will Johnson, Abdul Carter lead Dane Brugler’s initial top 50
▼ + stars: | 2024-08-21 | by ( Dane Brugler | ) www.nytimes.com time to read: +46 min

Position CB CB/WR DT Edge LB OT QB RB S TE WR iOL Class Jr. R-Jr. R-So. Photo: Jonathan Bachman / Getty Images OT Jr. 11 Benjamin Morrison CB Notre Dame Height: 6-0 Weight: 186 Class: Jr. Photo: Tim Warner / Getty Images CB Sr. 42 Barrett Carter LB Clemson Height: 6-0 Weight: 234 Class: Sr. Photo: Kevin C. Cox / Getty Images WR Jr. 50 Drew Allar QB Penn State Height: 6-4 Weight: 230 Class: Jr. Photo: Joe Robbins / Icon Sportswire via Getty Images QB Jr.(Illustration: John Bradford / The Athletic; Photos of Carson Beck, Will Johnson and Travis Hunter: Rich von Biberstein / Icon Sportswire via Getty Images; Gregory Shamus, Ryan Kang / Getty Images)

Persons: Will, Johnson, “ can’t, Devon Witherspoon, Derek Stingley Jr, Sauce Gardner, Thomas Shea, Abdul Carter, LaVar Arrington, NaVorro Bowman, Micah Parsons, Carter, Tom Allen, Scott Taetsch, Travis Hunter, Hunter, Deion Sanders, Ron Chenoy, Jr, Mason Graham, Graham, NFL hasn’t, Quinnen Williams, Williams, Bailey, James Pearce Jr, Pearce, Pierce, —, Donald Page, Tetairoa McMillan, McMillan, Malik Nabers, Rome Odunze, Jedd Fisch, Noah Fifita, Ivan Pierre Aguirre, Luther Burden, Burden, Theo Wease, Brady Cook, Johnnie Izquierdo, Carson Beck, Beck, Stetson Bennett, Brock Bowers, Matt Ryan, Megan Briggs, Starks, Bo Nix, hasn’t, Jamal Adams, Kim Klement Neitzel, Will Campbell, Campbell, Jonathan Bachman, Benjamin Morrison, Morrison, Darryl, Morrison’s, Matt Cashore, Shavon Revel Jr, Revel, wasn’t, Scott W . Grau, Emery Jones Jr, Joe Alt, Blake Fisher, Troy Fautanu, Roger Rosengarten, Caedan Wallace, Jones, Jones wasn’t, Julio Aguilar, Williams hasn’t, Travon Walker, ”, Jeff Blake, Edge, Kelvin Banks Jr, Banks, Steve Sarkisian, Bijan Robinson, Jonathon Brooks, Xavier Worthy, Adonai Mitchell, Nick Tre . Smith, Tyleik Williams, Joseph Maiorana, Deone Walker, Walker, Joe Robbins, Shedeur Sanders, Sandersmania, Sanders, Eli, Manning, “, Sr, Nic Scourton Edge, Scourton, Jeff Brohm, Zach Bolinger, Harold Perkins Jr, Perkins, Brian Kelly, Blake Baker, Baker, who’s, David Rosenblum, Colston, McCarthy, Sherrone Moore, Aaron J, Thornton, Jonah Savaiinaea, Savaiinaea’s, Savaiinaea, Louis, Kevin Langley, Quinn Ewers, Ewers, Ewers wasn’t, Ron Jenkins, Conner Weigman, Weigman, Jimbo Fisher’s, Fisher, Bobby Petrino, Collin Klein, Mike Elko, Maria Lysaker, Jeanty, Chris Williams, Ersery, isn’t, Jason Mowry, JT Tuimoloau, Tuimoloau, Matthew Visinsky, Lander Barton, Barton, Morgan Scalley, Cody, Jackson, Lander, Chris Gardner, Patrick Payton, Payton, Jermaine Johnson, Jared, Isaiah Vazquez, Kenneth Grant, Grant wasn’t, Grant, Troy Taormina, Mansoor Delane, Dorian Strong, Rich Schultz, Maxwell Hairston, Andru Phillips, Kentucky’s, Phillips, Hairston, Carly Mackler, Egbuka, Stroud, Marvin Harrison Jr, Garrett Wilson, Chris Olave, Rick Osentoski, Denzel, Burke, Tim Heitman, Ollie Gordon II, Gordon, Barry Sanders, Brian Bahr, QB Drake Maye, Rich von Biberstein, Ayomanor, Henderson, Danny Stutsman, Stutsman, Lincoln Riley, Brent Venables, Landon Jackson, Preston Smith, Petre Thomas, Jalon Walker, it’s, Quay Walker, Nolan Smith, Perry McIntyre, Jahdae Barron, Barron, Barron doesn’t, Tim Warner, Barrett Carter, Kirby Smart, Dabo Swinney’s, Ken Ruinard, Isaiah Bond, Bond, Jalen Milroe, Kevin C, Cox, Walter Nolen, Nolen, Ole Miss, Jack Sawyer, Sawyer, Dylan Buell, Darrell Jackson Jr, Don Juan Moore, Sam Brown, Cam Ward, Damien Martinez, Brown, Ken Murray, Deion Burks, Burks, Evan Stewart WR, Stewart, Dillon Gabriel, Drew Allar, Allar, Sean Clifford, Allar’s, Will Levis, John Bradford, Will Johnson, Gregory Shamus, Ryan Kang Organizations: NFL, Edge, Will Johnson, Michigan, Wolverines, Detroit, Washington, USA, Abdul Carter Edge, Penn, Indiana, Nittany Lions, Parsons, FCS Jackson State, FBS, Stanford, School, UCLA, Getty, SEC, Arizona, Missouri, Tigers, Bulldogs, Oregon, LSU, Benjamin Morrison CB Notre Dame, Notre Dame, CB, Carolina, Louisburg College, Getty Images, Penn State, Baton, NC, Longhorns, Cass Tech High School, Buffs, Nic Scourton Edge Texas, College, Purdue, Boilermakers, Colston Loveland, St, Wildcats, College Football, Texas, Aggies, Kansas State, Ashton Jeanty, Boise State, Gophers, JT Tuimoloau Edge, Utes, Utah, Patrick Payton Edge, Miami Northwestern, Seminoles, Florida State, Mansoor Delane CB Virginia, Hokies, Virginia Tech, Giants, Buckeyes, Buckeye, Denzel Burke CB, Ollie Gordon II RB, Oklahoma State, Hampton RB, Appalachian State, ACC, Hampton, America, Alabama, Clemson, Tide, Ole Miss, Jack Sawyer Edge, Ohio State, Maryland, Terps, Miami, Hurricanes, West, Houston, Cougars, Sooners, — Penn State Locations: Michigan, Colorado, Servite, Calif, North Carolina, Tennessee, Georgia , Missouri , Texas, Rome, Arizona, Washington, Oklahoma, Georgia, Theo Wease , Missouri, Athens, USA, Louisiana, Alabama , Michigan, Oregon, Winston, Salem, East Carolina, Baton Rouge, Austin, Texas, Ohio, Columbus, Detroit, Alabama, Kentucky, Lexington, Dollaz, Colston Loveland TE, Gooding , Idaho, Loveland, Ann Arbor, American Samoa, Honolulu, College, Boise, Kansas City, JT Tuimoloau Edge Ohio, Utah, Patrick Payton Edge Florida, Miami, C.J, Fort Worth , Texas, Canada, Massachusetts, Notre Dame , Tennessee, Palo Alto, Lincoln Riley and Oklahoma, Alabama’s, But Texas, Jack Sawyer Edge Ohio, Florida, Savannah, Ga, West Virginia

☆ Dallas Cowboys become first sports franchise to be worth over $10 billion, per Sportico
▼ + stars: | 2024-08-14 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +3 min

CNN —The Dallas Cowboys have become the first professional sports team to be valued at over $10 billion, according to Sportico’s 2024 NFL rankings that were released on Tuesday. The Cowboys, owned by Jerry Jones, were valued at $10.32 billion, far and away the most valuable franchise in the league and an increase of over a billion dollars on the previous estimate of $9.2 billion in February. The Cowboys remain immensely popular though, generating an estimated revenue of $1.2 billion in 2023, 50% higher than the second ranked NFL team, the Los Angeles Rams, according to Sportico. The Rams are valued at $7.79 billion and leapfrogged the New York Giants to take second place but are not in the same stratosphere as Dallas. Per Sportico’s research, the average NFL franchise is worth $5.93 billion, an improvement of 15.4% over last year, as the league continues to be the world’s most financially successful in any sport in terms of team value.

Persons: Jerry Jones, Jones, Dak, Brandon Sloter, Bill Belichick – Organizations: CNN, The Dallas Cowboys, The Cowboys, ’, Cowboys, Dallas, Green Bay Packers, NFC, NFL, Los Angeles Rams, Rams, New York Giants, The New England Patriots, San Francisco 49ers, Tampa Bay Buccaneers, Los Angeles Chargers, Cincinnati Bengals, Bengals Locations: Dak Prescott, ”, Dallas, The

☆ Gwen Walz, the Coolheaded, Ultracompetent Political Spouse
▼ + stars: | 2024-08-14 | by ( Joseph Bernstein | ) www.nytimes.com time to read: +1 min

In 2006, during his first campaign for Congress, Tim Walz was scheduled to speak at a fund-raising dinner in his hometown, Mankato, Minn. At the time, he was a political unknown in a tightly contested race against a six-term incumbent. The dinner was a chance to stump in front of his local district of the Minnesota Democratic-Farmer-Labor Party and to bolster his campaign coffers. There was only one problem: Mr. Walz had laryngitis. As guests loaded up plates with food, they were surprised to see someone else take the stage: Gwen Walz, Mr. Walz’s wife. She was used to speaking in front of a crowd: Like her husband, Ms. Walz had been a public-school teacher for more than a decade.

Persons: Tim Walz, Walz, Gwen Walz, Mr, Walz’s, ”, John Klaber Organizations: Congress, Minnesota Democratic, Farmer, Labor Party, North Mankato Locations: Mankato, Minn, North

An Arkansas police officer who was caught on video beating a handcuffed inmate in the back of a patrol car has been fired and his case has been referred to prosecutors, the police chief said. Jonesboro Police Chief Rick Elliott fired Joseph Harris on Friday, a day after he was caught on his patrol car video elbowing and punching the handcuffed man and then slamming the car door on his head after the man choked himself with a seatbelt. He was apprehended by Harris and was being returned to the county jail when the assault occurred, Elliott said. I will gather the facts after the fact.”Coram is being detained at the Craighead County Jail on an escape charge and is wanted for extradition to Mississippi, a jail official said. Harris is a defendant in an ongoing lawsuit filed in June over a man who died in the Craighead County Jail this year.

Persons: Rick Elliott, Joseph Harris, Elliott, Billy Lee Coram, Harris, Coram, hadn’t, Coram “, ”, “, ” Harris, Sonia Hagood, Hagood, Cody Brooks, I’m, Harold Copenhaver, “ I’m, ” Elliott Organizations: Jonesboro Police, YouTube, NAACP Locations: Arkansas, Greene, Craighead, Mississippi

☆ Georgia tops college football AP preseason poll for second year in a row
▼ + stars: | 2024-08-13 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +3 min

1 college football team in the annual Associated Press preseason Top 25 poll for the second season running. Georgia received 46 of 62 first-place votes and 1,532 points to comfortably top the poll ahead of the Ohio State Buckeyes, who received 15 first-place votes. 1 for the entirety of the regular season, before being defeated by Alabama in the Southeastern Conference (SEC) championship game. Brett Patzke/USA TODAY Sports/ReutersThe AP poll also tells the story of wider conference realignment in college sports. 4 Texas joins Georgia in the SEC for this season, while Oregon is now a Big Ten member alongside Ohio State.

Persons: Carson Beck, Mykel Williams, Smael Mondon, Malaki Starks, Kirby Smart, Smart, Brett Patzke, Jim Harbaugh, JJ McCarthy –, Nick Saban, Kalen DeBoer, Michael Penix Jr, Rome Odunze, Ole Organizations: CNN, Georgia Bulldogs, Associated Press, Georgia, Ohio State Buckeyes, Oregon Ducks, Bulldogs, Florida State, Orange, Alabama, Southeastern Conference, SEC, year’s College Football, Big, Ohio State, Notre Dame, Michigan, Los Angeles Chargers, Saban, NFL, Rome, . Oregon, Texas, Ole Miss, Penn, Florida, . Missouri, Utah, LSU, Clemson, Tennessee, Oklahoma, . Oklahoma, Kansas State, Miami, Arizona, . Kansas, USC, North Carolina State Locations: Georgia, Texas, Oregon, Florida, Washington, Alabama, ., Iowa

☆ The No. 1 trait you need to be successful, says ex-Google recruiter: 'The rules of the game are constantly changing'
▼ + stars: | 2024-08-13 | by ( Gili Malinsky | ) www.cnbc.com time to read: +2 min

Successful people are "open to unexpected opportunities and embrace change instead of fearing it," he previously told Make It. Former DoorDash and Google recruiter Nolan Church swears by another trait: continual learning. People who are constantly learning are "able to adapt as the rules of the game are constantly changing," he says. 'Filling skills gaps' is keySimilarly, as the way businesses and customers function is changing, so are the skills that you need to serve them. Constantly learning enables you to continue "filling skill gaps," says Church.

Persons: Joseph Fuller, Benjamin Granger, Nolan Church Organizations: Harvard Business School

☆ Ukraine’s Russia gambit punctures Putin’s veneer of invincibility once again
▼ + stars: | 2024-08-13 | by ( Nick Paton Walsh | ) edition.cnn.com time to read: +8 min

CNN —It is another coin-flip in a conflict punctuated with at least annual reminders of how frail Vladimir Putin’s Russia truly is. It is purposefully unclear exactly where Ukraine’s forces are. It is also unclear where Ukrainian forces are digging in and where they are just racing through. This time it is Putin’s own FSB, who couldn’t keep control of the borders, in Putin’s war of choice. Residents of an apartment building damaged after shelling by the Ukrainian side stand near the building in Kursk, Russia, on Sunday.

Persons: Vladimir Putin’s, Kyiv’s, Wagner, Oleksandr Syrskyi, “, ”, Lindsey Graham, Richard Blumenthal, Yevgeny Prigozhin’s, Putin, Andrew Kravchenko, Alexei Smirnov, it’s, he’s, Valery Gerasimov, Joseph Stalin, insurgencies, Putin’s, egotistically, Volodymyr Zelensky, Russia’s Putin, –, Zelensky, Ukraine’s Organizations: CNN, Kyiv, Kremlin, Armed Forces of, Bloomberg, Getty, Manpower, Residents, AP Locations: Vladimir Putin’s Russia, Kharkiv, Kyiv, Russia, Ukraine, Kursk, Rostov, Moscow, Lgov, Armed Forces of Ukraine, Donbas, Pokrovsk, Ukrainian

☆ A Nazi Villa So Tainted Berlin Can’t Give It Away
▼ + stars: | 2024-08-12 | by ( Sarah Maslin Nir | ) www.nytimes.com time to read: +1 min

Behind thickets of beech trees, overgrown with nettles and beside a blue lake an hour north of Berlin, a villa that once belonged to a Nazi mastermind quietly rots. No one knows what to do with the estate beside the Bogensee lake in Brandenburg. It was built for Joseph Goebbels, the Nazi propaganda minister, by his grateful country just before the start of World War II. Too burdensome for the state to continue carrying, prohibitively expensive for most real estate prospectors and tainted by history, Berlin has given up on selling or developing it. Instead, it has offered to give the Nazi mansion away, free.

Persons: nettles, Joseph Goebbels, expensively Organizations: Nazi, State of, Communist Party Locations: Berlin, Brandenburg, State of Berlin

Condo owners unable to pay an assessment can be foreclosed on by their condo association. After that, she plans to move back into her Florida condo, but in the meantime, she’s been living with her adult son. But that’s what happens when prior boards don’t do their job.”But the decision ended up pitting the building’s owners against each other, with some owners saying the work was unnecessary. “These guys ruined my early retirement plan.”Lopez, who helped craft the legislation, said she is looking for ways to provide relief to condo owners once Florida’s Legislature reconvenes next year. Stone would like to see the state Legislature give buildings and condo owners more time to comply with the regulations so they would be able to spread out the costs.

Persons: Janet Stone, she’s, ’ ”, Stone, We’ve, ”, Vicki Lopez, “, —, Greg Batista, he’s, reapplied, ” Stone, Krista Goodrich, they’ve, Batista, Joseph Hernandez, Edgardo Defortuna, ” Defortuna, Jeremy Maurice, Maurice, ” Maurice, Steve Davis, Cristian Murray, ” Murray, ” Lopez, reconvenes, “ I’m, I’m Organizations: Florida House, NBC, Yacht, Surfside, Condo, realtors, Statewide, Dade, University of Miami Locations: Florida’s, Las Vegas, Ormond Beach , Florida, Florida, Champlain, Miami, ”, Daytona Beach, Orlando, Miami Beach, Hollywood , Florida, Ormond Beach, Redfin, Volusia County, South, Dade County

☆ Insurers deemed mold too risky decades ago. That coverage gap still surprises homeowners
▼ + stars: | 2024-08-11 | by ( Genna Contino | ) www.cnbc.com time to read: +11 min

Schmitt's example may be extreme, but mold damage is not unusual. In 2022, water damage, including mold, represented 27.6% of homeowners insurance losses, according to data from Insurance Services Office, an industry group. Despite the award for the owner of the mold-damaged home later being reduced to $4 million, companies still pulled back on mold coverage. "Mold claims won't be covered if it's a result of neglect, such as pipe leaking for months resulting in water damage and mold." "You should always read your insurance policy and understand what you have, but no one's going to do that," Kochenburger said.

Persons: Brandi Schmitt, Schmitt, Brandi Schmitt's, adjuster, USAA, Read, Kamala Harris, Harris, Joseph, Ms, Ballard, Amy Bach, United, Bach, Scott Shapiro, Will Melofchik, haven't, Melofchik, Scott Holeman, Holeman, Peter Kochenburger, Kochenburger, it's, Mold, Shapiro, Mark Friedlander Organizations: Maryland, CNBC, Finance, Here’s, Democratic, Insurance Services Office, . Farmers Insurance Group, KPMG, National Council of Insurance, Insurance Information Institute, Southern University Law Center, University of Connecticut's Insurance Law Center, Insurance, South Carolina Independent Agents, Nationwide, Allstate, Federal Trade Commission, Act, State Farm Locations: Lothian , Maryland, U.S, Maryland, Texas, San Francisco, South Carolina, Lindsey , Ohio

☆ Mayor Adams Expected to Name Robert Tucker as New Fire Commissioner
▼ + stars: | 2024-08-11 | by ( Hurubie Meko | ) www.nytimes.com time to read: +1 min

Mayor Eric Adams is expected to name Robert S. Tucker as the new commissioner of the New York Fire Department, making him the 35th person to lead the agency, according to three people with knowledge of the matter. Mr. Adams is expected to make the announcement at a news conference on Monday. Joseph Pfeifer, who served as first deputy commissioner under Ms. Kavanagh, briefly served as acting commissioner after her departure. As commissioner, Mr. Tucker will oversee a department of 17,000 employees, including firefighters and emergency medical workers. The appointment of Mr. Tucker was first reported by The Daily News on Sunday night.

Persons: Eric Adams, Robert S, Tucker, Adams, Laura Kavanagh, Joseph Pfeifer, Kavanagh Organizations: New York Fire Department, The Daily, Fire Department

Tim Walz "misspoke" in a 2018 video circulated by the Harris campaign earlier this week that included the vice presidential candidate talking about his handling of weapons "in war," a campaign spokesperson said Friday. It’s the American way," the Harris campaign spokesperson said in a statement. “We can make sure that those weapons of war, that I carried in war, is the only place where those weapons are at,” Walz says in the clip posted by Harris’ campaign on Tuesday. “What bothers me about Tim Walz is this stolen valor garbage. In response to Julin's comments, the Harris campaign referred NBC News to statements from two men who served with Walz.

Persons: Tim Walz, misspoke, Harris, JD Vance, Walz, “ Governor Walz, Vance, Donald Trump, ” Walz, Harris ’, Walz's, you’re, Trump, Steven Cheung, Doug Julin, ” “ Tim Walz, ” Julin, Walz “, hasn’t, Joseph Eustice, he's, Al Bonnifield, ” Bonnifield, “ Organizations: Minnesota Gov, Republicans, “, Marine Corps, CNN, NBC, Washington Post, Minneapolis Star Tribune, Minnesota National Guard, Congress Locations: Minnesota, Michigan, Italy, Europe, Iraq, Afghanistan

☆ Caster Semenya condemns gender ‘stigma’ that still haunts Olympics, a decade after her first Olympic gold
▼ + stars: | 2024-08-10 | by ( Joseph Ataman | Christina Macfarlane | ) edition.cnn.com time to read: +5 min

Paris CNN —For two-time Olympic track and field champion Caster Semenya, Paris 2024’s boxing was unusually poignant. She took light welterweight gold on Friday night, besting her Chinese opponent in a dominant performance. But her Olympics have been marred by allegations over her gender, citing a 2023 decision by a now-discredited boxing regulator to bar her from a women’s tournament. Khelif was, “born female, was registered female, lived her life as a female, boxed as a female, has a female passport,” with IOC spokesperson Mark Adams said. The IOC should be “making sure that all athletes that take part in Olympics are well protected,” Semenya said.

Persons: Semenya, “, ”, Lin Yu, Khelif, Mark Adams, ” Semenya, ” It’s, ” Semenya –, – Organizations: Paris CNN —, CNN, Khelif, of Human, Boxing Association, Olympics, IOC, Athletics, World Athletics, IAAF, European, Tokyo Locations: Paris, Olympics

Menno van Gorp competes during the World Breaking Championships in Leuven, Belgium, in 2023. Geert Vanden Wijngaert/AP/FileTo the tune of a Miles Davis trumpet solo, Menno van Gorp is stepping up his training ahead of this year’s Paris Olympics. “I love to practice on jazz,” van Gorp tells CNN Sport. “We’re under the flag of sports now, but to me, it’s still also an art,” says van Gorp, who calls himself an “artlete” on social media. It was in winning the UK championships in 2007 that van Gorp says he “exploded onto the scene” and started to compete more regularly.

Persons: Menno van Gorp, Geert Vanden Wijngaert, Miles Davis, van Gorp’s, ” van Gorp, Menno, “, it’s, ”, van Gorp, aren’t, ” Van Gorp, Gorp Organizations: Paris Olympics, CNN Sport, Tilburg, Red Bull, South Locations: Leuven, Belgium, Paris, Netherlands, New York, South Korean

☆ An inside look at America’s aging ballistic missile arsenal
▼ + stars: | 2024-08-09 | by ( Oren Liebermann | ) edition.cnn.com time to read: +6 min

Underneath the blast door stands one of the most powerful weapons in the US inventory, a Minuteman III intercontinental ballistic missile. But unlike the other two parts of the triad – strategic bombers and ballistic missile submarines – the ICBM launch facilities are fixed positions. Last year, the commander of US Strategic Command told Congress that China has more land-based ballistic missile launchers than the US. Russia has been carrying out military exercises involving its tactical nuclear weapons, as President Vladimir Putin has repeatedly threatened to use nuclear weapons since invading Ukraine. That complexity, Schlabach argued, drives the need for modernizing the ballistic missile fleet.

Persons: ”, James Schlabach, Evelyn McCoy, Joseph Cambio, Nunn, McCurdy, William LaPlante, Vladimir Putin, Kim Jong Un, Antony Blinken, Schlabach, ” Schlabach Organizations: North Dakota CNN, Minuteman III, Minot Air Force Base, Minuteman, Air Force, 91st Missile, CNN, ”, Cuban Missile Crisis, The Air Force, Sentinel missile, Defense, Sentinel, Strategic Command, Congress, Soviet Union Locations: Minot, North Dakota, Dakota, it’s, Russia, China, Ukraine, Pyongyang

☆ Voters blamed Biden for high inflation. Kamala Harris could get a pass.
▼ + stars: | 2024-08-08 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Where voters place their blame — and specifically whether it falls on Vice President Kamala Harris — could be one of the defining factors of the presidential election. Early polling suggests that Harris won't be able to entirely shed the blame that President Joe Biden has received for inflation. If Harris can avoid some of the blame Biden received for rising prices, it could improve her chances of winning over crucial swing state voters, Traugott said. However, Sarah Foster, a Bankrate analyst, thinks some voters could shift much of their frustrations about rising prices from Biden to Harris. To be sure, it's up for debate how much Biden, Harris, or even Trump are deserving of blame for the rising prices of the past few years.

Persons: —, Kamala Harris —, Harris, Joe Biden, Donald Trump, Biden, she'd, Michael Traugott, Kamala Harris, Trump, Traugott, Evan Roth Smith, Blueprint's, Semafor, Elizabeth Pancotti, Sarah Foster, It's, Joseph Stiglitz, University of Michigan's Traugott Organizations: Service, Business, Trump, Democratic, University of Michigan, Republicans, Biden —, Roosevelt Institute, New York Times, Biden, FOX Business, University of Michigan's

☆ Dow closes nearly 700 points higher after latest jobless data brings better news for America’s labor market
▼ + stars: | 2024-08-08 | by ( Lucy Bayly | ) edition.cnn.com time to read: +2 min

New York CNN —US stocks surged Thursday after new data on the labor market suggested that the economy may not be headed into the downward spiral that traders feared. First-time claims for unemployment benefits fell last week to 233,000 from the prior week’s upwardly revised total of 250,000, according to Department of Labor data released Thursday. “Anything in that range tends to suggest a fairly healthy labor market,” wrote economist Joseph Brusuelas on X Thursday morning. Weekly jobless claims data can be highly volatile and is frequently revised. Fears of a downturnThe latest jobs numbers come as Wall Street attempts to bounce back from a market plunge that was mostly triggered by the weaker-than-expected July jobs report.

Persons: ”, Joseph Brusuelas, Chris Larkin, ” Larkin Organizations: New, New York CNN, Dow, Nasdaq, of Labor, of Labor Statistics Locations: New York

☆ He won gold for the Philippines. Then the gifts started pouring in — including a $600,000 condo and a lifetime supply of ramen.
▼ + stars: | 2024-08-07 | by ( Erin Liam | ) www.businessinsider.com time to read: +5 min

These freebies are in addition to the Philippine House of Representatives' cash incentive of 3 million Philippine pesos granted to all gold medalists. In the US, gold medalists take home $37,500. Hong Kong — which offers the highest bonus — awards 6 million Hong Kong dollars, or about $768,000, to its gold medalists, per CNBC. AdvertisementCorrection: August 7, 2024 — An earlier version of this story misdescribed Hong Kong. It's 6 million Hong Kong dollars, not 600,000 Hong Kong dollars.

Persons: —, Carlos Yulo, freebies, Yulo, Megaworld, Virgil Lo, Bucket, Marcus Luer, Luer, James Crane, Buchwald, Joseph Schooling, Nestlé's Milo, Yakult, Hugo Boss, it's Organizations: Service, Olympics, Paris, McKinley, Business, Apollo Home Depot, Philippine, Hong, CNBC, Total Sports Asia, Olympic Games Locations: Megaworld, Taguig, Manila, Hong Kong, Singapore, Philippines, China

☆ Markets are counting on the Fed to head off recession with sizeable interest rate cuts
▼ + stars: | 2024-08-06 | by ( Jeff Cox | Jeff Cox Is A Finance Editor With Cnbc.Com Where He Covers All Aspects Of The Markets | Monitors Coverage Of The Financial Markets | ) www.nbcnews.com time to read: +5 min

Disappointing economic data recently generated worries that the Fed missed an opportunity at its meeting last week to, if not cut rates outright, send a clearer signal that easing is on the way. In the past, the Fed has implemented just nine such cuts, and all have come amid extreme duress, according to Bank of America. Lacking a catalyst for an intermeeting cut, the Fed is nonetheless expected to cut rates almost as swiftly as it hiked from March 2022-July 2023. Why wait?”LaVorgna, though, isn’t convinced the Fed is in a life-or-death battle against recession. Still, any quakes in the data, such as Friday’s downside surprise to the nonfarm payrolls numbers, could ignite recession talk quickly.

Persons: Jerome Powell, ” Steven Blitz, ”, Andrew Hollenhorst, ‘, ’ ”, Michael Gapen, Powell, Joseph LaVorgna, “, “ They’ll, isn’t, Goldman Sachs, David Rosenberg Organizations: Federal Reserve, TS Lombard, Fed, Citigroup, Bank of America, Nikko Securities, Rosenberg Research Locations: Jackson Hole , Wyoming, Nikko

☆ The underlying fundamentals of the economy are sound, says Neuberger Berman's Joe Amato
▼ + stars: | 2024-08-06 | 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 underlying fundamentals of the economy are sound, says Neuberger Berman's Joe AmatoJoseph Amato, Neuberger Berman Group president and CIO, joins 'Squawk Box' to discuss the latest market trends, state of the economy, what to make of the market sell-off, and more.

Persons: Neuberger Berman's Joe Amato Joseph Amato, Neuberger Berman Organizations: Neuberger, Neuberger Berman Group

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