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☆ Why the Fed is stressed about presidential elections
▼ + stars: | 2024-07-10 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

New York CNN —Federal Reserve Chair Jerome Powell sent investors mixed messages on Tuesday during his semiannual testimony to Congress. Powell is stressed about the election: Powell was asked by multiple senators about White House politics, which he dodged. While the Fed head noted that policy decisions are data dependent, “elevated inflation is not the only risk we face,” he said. The September Fed meeting will be “live”: Powell noted multiple times that every Fed policy decision is made “live” using the latest available economic data – in other words, decisions aren’t made in advance. About 75% of investors think the Fed will cut rates, and about 25% think they’ll remain the same.

Persons: Jerome Powell, Powell, “, Donald Trump, reappoint Powell, ”, Joseph Brusuelas, Trump, Gregory Daco, Chris Larkin, Morgan Stanley, Larkin, don’t, aren’t, David Rubenstein, he’ll, Airbnb, Isabelle Chapman, Majlie, Puy Kamp, Audrey Ash, Chris Isidore . Organizations: CNN Business, Bell, New York CNN — Federal, White, “, Reserve, RSM, Federal Reserve, US Consumer, Treasury, Fed, Economics, Washington DC, Jackson, CNN, Boeing, Alaska Airlines Locations: New York, Powell, Washington, Alaska

☆ Release of Kevin Costner’s Next ‘Horizon’ Film Is Canceled
▼ + stars: | 2024-07-10 | by ( Nicole Sperling | More About Nicole Sperling | ) www.nytimes.com time to read: +1 min

Mr. Costner tried something rare this summer, releasing the first chapter of his western saga “Horizon” — which he directed, starred in, co-wrote and partly financed — in theaters across the country on June 28. The plan was for the second chapter in the sprawling story to be released six weeks later. The first chapter, which cost $100 million, made $11 million in its opening weekend and has generated just $22.6 million over all. Those who bought tickets to the second “Horizon” film would be able to receive a refund. It is not clear when or how the second chapter will be released.

Persons: Kevin Costner’s, Costner, ” Organizations: Warner Bros, New, Max Locations: “

☆ Joe Arden's voice made him the hottest narrator in romance. Then, a sexting scandal turned BookTok against him.
▼ + stars: | 2024-07-09 | by ( Anna Merlan | ) www.businessinsider.com time to read: +34 min

But there's no denying that a large number of people, mostly women, found Joe Arden's voice to be exceedingly hot: smooth, insistent, husky, occasionally dropping to a seductive growl. Arden's voice made him one of the most popular romance audiobook narrators of his generation. Last year, a promising new romance author reached out to Blue Nose Audio and received a reply from Joe Arden. "My working name of 'Joe Arden,' has always been just that, a professional persona that labeled my career," he added. For good measure, they dug up Cronin's abandoned trademark application for the Joe Arden moniker, first filed in 2020.

Persons: Joe Arden's, Men's, I've, Joe Arden, Joey, Arden, He's, Lauren Blakely, Vi Keeland, Meghan March, Blakely, BookTok, TikTok, Joe, Ardenmania, —, BookTok influencers, who'd, Brynne Weaver, they'd, wasn't, quizzing, Arden she'd, didn't, she'd, Arden's, sexting, he'd, Angela, Aiden Snow, Julie McKay, Blue, James Patrick Cronin, Rice, Cronin, Beatrice Colen, Patrick Cronin, manny, Max Thomas, McKay, Maxine Mitchell, Sean Zanni, Patrick McMullan, Sarah J, Brittanée Nicole, Nicole, Teddy Hamilton, Hamilton, Brynne Weaver's, it's, Brittany Lowry, Kate Stewart's, Arden isn't, pant, Shane East, Paige Reisenfeld, he's, Tor, influencer, you'd, Sean Crisden, Crisden, Maas, Craig Barritt, Arden blowup, voEROS, Arden —, who've, Kathy Haan, Patreon Organizations: Men's Health, Audio Publishers Association, Society of Voice Arts and Sciences, Arden, BI, East Tennessee State University, University of Louisville, Getty, SAG, Texas, GQ, Wired, Yorker, The New York Times Magazine, Times, Publishers, TikTok, Tantor Media, The New York Times, New York Comic Con, Communications Locations: Arden, sexting, gaslighting, TikTok, Los Angeles, East, New York City, York, LA, Audm, Ghostface Gulf, masturbate, Romanceland

☆ What a Trump presidency could mean for the dollar and the stock market
▼ + stars: | 2024-07-09 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

There are other reasons the dollar has been propelled higher as some European and Asian currencies have seen lackluster growth. A strong dollar makes US exports more expensive and reduces the profits of American companies operating overseas when earnings are converted back to dollars. And while a strong dollar lowers the cost of imported raw materials, it can boost inflation and hurt foreign investments. The families of victims of two fatal crashes of the 737 Max oppose the deal, the department said. Beyond the fatal crashes of the 737 Max jets, the company has faced a series of questions about the safety and quality of its planes.

Persons: it’s, Donald Trump, Joe Biden, Trump, ”, Lisa Shalett, Morgan Stanley, Louis Navellier, Jeanne Sahadi, Read, Max, Chris Isidore Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Fed, Republican, Morgan Stanley Wealth Management, Navellier, Associates, New York Federal Reserve, Boeing, Justice Department, Alaska Airlines Locations: New York, ”, China, Japan, United States

☆ Harvey Weinstein has 'fluid on his heart, fluid in his lungs,' his lawyer warns as new sex abuse accusations delay NYC retrial
▼ + stars: | 2024-07-09 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

Read previewAt least one woman has come forward with new, "violent sexual assault" accusations against Harvey Weinstein, prosecutors said as both sides gathered in court Tuesday to discuss next steps for his Manhattan retrial. defense lawyer Arthur Aidala demanded impatiently at one point, referring to the retrial. Weinstein calls his attorneys "in excruciating pain," Aidala told New York Supreme Court Justice Curtis Farber, who will preside over the retrial. "Mr. Weinstein has fluid in his lungs," he added, giving the most detailed description of Weinstein's condition to date. Asked after court whether Weinstein's life is in danger due to his health issues, Aidala answered, "This isn't a hangnail."

Persons: —, Harvey Weinstein, Weinstein's, Jessica Mann, Nicole Blumberg, Arthur Aidala, impatiently, HARVEY, Aidala, Weinstein, Justice Curtis Farber, Mr, Donald Trump's, Allen Weisselberg, Weisselberg Organizations: Service, Business, Prosecutors, New, Facility Locations: Manhattan, Rikers, York, New York, Los Angeles

☆ Go long Hilton and Walmart: HSBC's stock strategy for playing the divided U.S. consumer
▼ + stars: | 2024-07-09 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

Strong consumer demand has helped the U.S. economy weather the Federal Reserve's rate hikes, avoiding a hard landing where growth and employment turn lower. The high-end consumer Inui estimates the net worth of high-end consumers is actually accelerating to a high-single-digit rate. "As a result, discount retailers are facing high shrinkage, restaurants are becoming increasingly promotional to boost traffic and retailers with strong value propositions are gaining share." HSBC called McDonald's one of the stocks that offers "a strong value proposition" to consumers tightening their belts. Another retailer HSBC named was Target , which has an "expect more, pay less" strategy emphasizing private labels to boost sales.

Persons: HSBC's, Nicole Inui, Hilton, Marriott, Inui, Innui, — CNBC's Michael Bloom Organizations: HSBC, Viking Holdings, Worldwide Holdings, Marriott International, Royal, Motors Locations: U.S, Americas, Royal Caribbean

☆ Prosecutors Will Seek to Indict Weinstein on New Sex Crimes Charges
▼ + stars: | 2024-07-09 | by ( Hurubie Meko | ) www.nytimes.com time to read: +1 min

Manhattan prosecutors on Tuesday said they were “actively pursuing” additional allegations of sexual assault against the disgraced movie mogul Harvey Weinstein ahead of a new trial that was likely to begin in the fall. Nicole Blumberg, an assistant district attorney, said in Manhattan criminal court that her office had identified allegations of rape and sexual assault against Mr. Weinstein that had occurred within the statute of limitations, and that prosecutors planned to ask a grand jury to indict him. She said they were working in a “trauma-informed” manner with his accusers. “In 2020, there were women who were not ready to proceed with the legal process,” she said. “Some of those women are now ready to proceed.”When the judge in the case, Justice Curtis Farber, pressed for a date when a grand jury could hear new charges, Ms. Blumberg could not give one, but she said prosecutors could be prepared to go to trial by the fall, at one point indicating November.

Persons: “, Harvey Weinstein, Nicole Blumberg, Weinstein, Curtis Farber, Blumberg Locations: Manhattan

☆ Joey King reveals her childhood obsession with Zac Efron
▼ + stars: | 2024-07-09 | by ( Marianne Garvey | ) edition.cnn.com time to read: +1 min

CNN —Joey King loved Zac Efron before she ever worked with him. I grew up with his face on everything I owned,” King recalled. “Did you have a Zac Efron lunchbox or something?” asked Fallon. I was one of those kids, I was like, ‘Mom, the movie is going to be on at 8/7 Central. He would sing along with me and that was so great.”Efron also gave her health and exercise tips, King said.

Persons: Joey King, Zac Efron, “, ” King, Zac Efron lunchbox, ”, Fallon, Efron, ” Efron, King, Nicole Kidman Organizations: CNN, “

☆ Stephen King, Sarah Jessica Parker and More Share Their Top Books of the 21st Century
▼ + stars: | 2024-07-08 | by ( The New York Times Books Staff | ) www.nytimes.com time to read: +26 min

To determine the best books of the 21st century , The New York Times Book Review and The Upshot polled hundreds of literary luminaries. Stephen King Stephen King has written more than 60 books, many of which have been adapted for film and television. Min Jin Lee Min Jin Lee has written two novels: FREE FOOD FOR MILLIONAIRES and PACHINKO, which was one of The Times’s 10 Best Books of 2017. Scott Turow Scott Turow is an attorney and writer best known for legal thrillers like PRESUMED INNOCENT and THE BURDEN OF PROOF. DU BOIS, was one of The Times’s 10 Best Books of 2021.

Persons: Stephen King Stephen King, ”, Ian McEwan ●, Christine Falls, Benjamin Black ●, Donna Tartt, Gillian Flynn ●, Cormac McCarthy ●, Margaret Atwood ●, Sarah Waters ●, Philip Roth ●, Viet Thanh Nguyen, “, Stephen King, Min Jin Lee Min Jin Lee, Anthony Doerr ●, Katherine Boo ●, Colm Tóibín ●, Julie Otsuka ● “, Tara Westover ● “, Matthew Desmond ● “, Marilynne Robinson, Edward P, Jones, Barbara Ehrenreich ●, Phil Klay Karl Ove Knausgaard Karl Ove Knausgaard, Roberto Bolaño ● “, Maggie Nelson ● “, Elena Ferrante ● “, Ben Marcus ● “, Emmanuel Carrère ●, Kazuo Ishiguro ●, Claire Keegan ● “, Peter Handke ●, Denis Johnson ●, Svetlana Alexievich, Bonnie Garmus Bonnie Garmus, Barnes, Nehisi Coates, Barbara Kingsolver ●, Tara Westover, Matt Ridley ●, Harry Potter, Prince, Rowling ●, Dave Eggers ●, Henry David Thoreau, Laura Dassow, Ben Rice ●, Colson Whitehead ●, Timothy Egan Nana Kwame Adjei ‑ Brenyah Nana Kwame Adjei ‑, ZZ Packer, Diana Khoi Nguyen, “ Greenwood, Michael Christie, Solmaz Sharif, Min Jin Lee ● “, George Saunders ● “, Jesmyn Ward, Ted Chiang ●, George Saunders ●, Colson Whitehead, Chimamanda Ngozi, Edwidge Danticat, Aracelis Girmay, Natsuo Kirino, Roberto Bolaño ●, Francisco Goldman ●, Paul Beatty Sarah Jessica Parker Sarah Jessica Parker, Tayari Jones, Sting, Paul Murray ●, Megha Majumdar ●, Anthony Marra ●, Jonathan Franzen ●, Donna Tartt ●, Janika Oza, Patrick Radden Keefe, Sonali Deraniyagala James Patterson James Patterson, Bill Clinton, Dolly Parton, J.D . Barker, Stephen King ● “, Markus Zusak ●, Tara Westover ●, Stieg Larsson, Gillian Flynn, Rowling, Anthony Bourdain ●, Keith Richards, James Fox ●, Dennis Lehane ●, Laura Hillenbrand Elin Hilderbrand Elin Hilderbrand, “ Alice, Oliver, Charles Bock ●, Curtis Sittenfeld, Tim Winton ●, Lily King ● “, Anna Quindlen ●, Lauren Groff ● “, Maggie O'Farrell, Raven Leilani, Erin Morgenstern Annette Gordon ‑ Reed Annette Gordon, Reed, Siddhartha Mukherjee, Annette Gordon, Reed ●, Henrietta, Rebecca Skloot ●, Louis Menand ●, Isabel Wilkerson ●, Hilary, Rebecca Roanhorse Rebecca Roanhorse, Hugo, Ann Leckie ● “, Ted Chiang ● “, Kim Stanley Robinson ●, Stephen Graham Jones ●, Ken Liu ●, Djèlí Clark ●, Louise Erdrich ●, Theodore Sturgeon Marlon James Marlon James, Booker, Maria McCann ● “, Bird, James McBride ●, Alan Hollinghurst ●, Min Jin Lee ●, Skippy, Patrick French Roxane Gay Roxane Gay, Michael Chabon ●, Alicia Erian ●, Bernardine Evaristo, Kiese Laymon, Carmen Maria Machado ●, Zadie Smith, Emma Donoghue ●, Ann Patchett Jonathan Lethem Jonathan Lethem, Eugene Lim ●, Olga Ravn ●, Percival Everett ●, Keith Ridgway ●, Renee Gladman ●, Lydia Millet ● “, Helen DeWitt ● “, Robin McLean ●, Christopher Sorrentino Sarah MacLean Sarah MacLean, Angelina M, Lopez ● “, Lisa Kleypas ●, Jennifer Crusie ●, Circe, Madeline Miller, Kresley Cole ●, Beverly Jenkins ● “ Georgie, Kate Clayborn ● “ Hana Khan, Uzma Jalaluddin, Milla Vane ● “, Sherry Thomas Ed Yong Ed Yong, Bel Canto, Ann Patchett, Nana Kwame Adjei, Abed Salama, Nathan Thrall, Mohsin Hamid ● “, Helen Macdonald ● “, Jenny Odell ●, Julie Otsuka, Amal El, Max Gladstone ●, Hernan Diaz, Thomas Chatterton Williams Thomas Chatterton Williams, Hagar's, Jones ●, Catherine Lacey ● “, Dana Spiotta, Joan Silber ● “ Malcolm X, Manning Marable, Alice Munro ●, Hua Hsu, Veronica, Mary Gaitskill ●, Isabel Wilkerson Paul Tremblay Paul Tremblay, Mark Z, Joker, Kaoru Takamura ●, Benjamín Labatut, Stephen Graham Jones, Mariana Enriquez ●, Sara Levine ●, Colson Whitehead Nick Hornby Nick Hornby, Michael Chabon, David Kynaston ●, Billy Lynn's, Ben Fountain ●, Richard Russo, Olive Kitteridge, Elizabeth Strout ●, Mark Harris ●, Adrian Nicole LeBlanc ●, Scott Turow Scott Turow, Sam Quinones ● “, Elena Ferrante, Ann Goldstein, ●, Timothy Snyder ●, Adam Johnson ●, Ann Goldstein ●, Daniel Kahneman ● “, Daniel Alarcón Daniel Alarcón, Oscar Wao, Junot Díaz, Claudia Rankine, Jones ● “, Adrian Nicole LeBlanc ● “, Patrick Radden Keefe Honorée Fanonne Jeffers Honorée Fanonne Jeffers, Victor Luckerson ●, Alice Walker ●, Toni Morrison ●, Toni Morrison ● “, Ibram X, Tiya Miles ●, Isabel Wilkerson Lucy Sante Lucy Sante, Uwe Johnson, Damion Searls, Jeremiah Moss ●, Sigrid Nunez ●, Ian Penman, Mike DeCapite ●, Rachel Kushner ●, Ed Park ●, Svetlana Alexievich Gary Shteyngart Gary Shteyngart, Pitchaya Sudbanthad, Amy Hempel, Amy Hempel ● “, Colm Tóibín, Joseph O’Neill ●, Rachel Cusk ●, Tony Judt ●, Isabel Wilkerson Anand Giridharadas Anand Giridharadas, Jane Mayer ●, Andrew Solomon ● “, Hanya Yanagihara, Suketu Mehta, Karl Ove Knausgaard ●, Asne Seierstad, Joan Didion Jessamine Chan Jessamine, Barack Obama, Tang, Chloé Cooper Jones, Andrea Elliott ● “, Jenny Erpenbeck, Lauren Groff ●, Cathy Park Hong, Sheila Heti ●, Dorothy Roberts Michael Robbins Michael Robbins, Michael Robbins, Kristin Ross ●, Lauren Berlant, Andreas Malm ●, Anahid Nersessian, “ Lila, Mike Davis ●, Chelsey Minnis, Fred Moten ●, Mary Gaitskill Alma, Alma Katsu, Jonathan Strange, Norrell, Susanna Clarke ● “, Sarah Waters, Julie Otsuka ●, Audrey Niffenegger ●, Megan Abbott Megan Abbott, Edgar, Joyce Carol Oates, Kate Atkinson ●, Robert Kolker ●, Oyinkan Braithwaite ●, Daniel Woodrell ●, Joan Didion Joshua Ferris Joshua Ferris, Hemingway, Anne Enright, Patricia Lockwood ●, Paul Harding ●, Ann Napolitano Ann Napolitano, David Mitchell ●, Yaa Gyasi, Emily St, John Mandel ●, John Irving John Irving, OWEN MEANY, John Boyne, Paul Theroux, Abraham Verghese ●, James Salter ●, Nix, Nathan Hill, Edmund White ●, Peter Matthiessen ●, Michael Ondaatje ●, Jeanette Winterson Tiya Miles Tiya Miles, Frederick Douglass, David W, Blight, Andrew Sean Greer ●, Michael Pollan ●, Dara Horn ●, Stephen Greenblatt ●, Jami Attenberg Jami Attenberg, Ada Limón ●, Jonathan Franzen, Alison Bechdel, Sloane Crosley, Alexander Chee ●, Patti Smith ●, Morgan Parker ●, Sara Novic Stephen L, Carter Stephen L, Carter, Deirdre McCloskey ●, Mohsin Hamid ●, Virginia Postrel, Umberto, Geraldine Brooks ●, Richard Powers ●, Jane Brox ●, David Bentley Hart, Lesley Nneka Arimah, Sarah Schulman Sarah Schulman, Mattilda Bernstein, Natasha Trethewey ●, Adania Shibli, Ned Blackhawk ●, Stephanie E, Rogers, Martha S, Steven W, Raja Shehadeh ●, Hugh Ryan Elizabeth Hand Elizabeth Hand, Rene Denfeld ●, Henry Darger, John M, MacGregor ● “, Dan Chaon ● “ James Tiptree Jr, Julie Phillips ●, Kelly Link, Morgan Talty ●, Robert Macfarlane ●, William Gibson Dion Graham Dion Graham, Jonathan Eig’s, Colson Whitehead’s CROOK, Omar El Akkad, Wolf, Marlon James ● “, Winfred Rembert, Cixin Liu ● “, Dave Eggers ● “, George Floyd, Robert Samuels, Toluse, Jonathan Eig ●, Jonathan Eig ● “ Washington, Jeremy Denk Jeremy Denk, David Foster Wallace ●, Jeff, Geoff Dyer ●, Hanif Abdurraqib, Elif Batuman, Alex Ross ●, Kate Molleson Morgan Jerkins Morgan Jerkins, Zora Neale Hurston, Haruki Murakami ●, Masha Gessen ●, Safiya Sinclair ● “, Carmen Maria Machado ● “, Imani Perry, Jesmyn Ward Michael Roth Michael Roth, Amy Bloom, Saidiya Hartman, Valeria Luiselli ●, Jon Fosse, Daniel Kahneman ●, Ben Lerner ●, Jennifer Egan Organizations: New York, Argonauts, J.K, Railroad, Corrections, ”, A.M, Harvard University, OF, Metaphysical, Suns, Ministry, Indians, The New York Times, Hawthorn, Child, Roberto Bolaño ● “, New Yorker, NPR, University of Oklahoma, DU BOIS, PEN, “, Yale Law School, THE, Umberto Eco, Beginners, MacArthur Foundation, Wesleyan University, Topeka School Locations: ”, Brooklyn, Norwegian, Ben Marcus ● “ The, Nantucket, OF MONTICELLO, Monticello, “, BROOKLYN, Britain, Jones ● “ Lincoln, Feral, Bangkok, Susanna Clarke ● “ Lincoln, Burma, Texas, Jonathan Eig ● “, “ Austerlitz, Venice, Death, Varanasi, America, Lorraine

☆ Nasdaq and S&P 500 notch record closes as Apple, Amazon, Meta hit record highs
▼ + stars: | 2024-07-08 | 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 EmailNasdaq and S&P 500 notch record closes as Apple, Amazon, Meta hit record highsRyan Detrick, Carson Group chief market strategist, and Nicole Webb, Wealth Enhancement Group SVP, join 'Closing Bell Overtime' to talk the day's record market action.

Persons: Ryan Detrick, Nicole Webb Organizations: Nasdaq, Apple, Carson Group, Wealth

☆ Street Erupts When Man in a Wheelchair Is Taken Into Custody in Killing
▼ + stars: | 2024-07-08 | by ( Chelsia Rose Marcius | Dean Moses | ) www.nytimes.com time to read: +1 min

A Manhattan street erupted in anger on Monday when a man in a wheelchair was taken into custody in the killing of a young woman, whose body had been found wrapped in a blue sleeping bag days before. Some got close enough to punch him in the face, grab his jeans and rip the back of his blue-and-yellow striped shirt. Officers and emergency service workers held out their arms to keep the crowd at bay. Some of the loudest screams were from Ms. Williams’s mother, Nicole Williams. Neighbors said he and Yazmeen Williams were a couple, but the family said they were not familiar with him.

Persons: Yazmeen Williams, Williams’s, Nicole Williams, “, ”, Neighbors Locations: Manhattan

☆ Wall Street thinks the US economy is getting back to normal. The election could change that
▼ + stars: | 2024-07-08 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

New York CNN —New data shows weakening in the US economy – Friday’s jobs report showed that unemployment ticked up to 4.1% in June. Inflation is easing, and so is economic growth – that combination means interest rate cuts could be on their way. Before the Bell spoke with Michael Reynolds, vice president of investment strategy at Glenmede, about investors, the economy and political landscape. We recognize that to have a thesis on the economy is to have a thesis on the consumer. The global market value for adult diapers was pegged at $12.8 billion in 2023, according to market research provider Euromonitor International.

Persons: Joe Biden, Bell, Michael Reynolds, we’ve, there’s, That’s, We’ve, Fumio Kishida, Read, Nathaniel Meyersohn Organizations: CNN Business, Bell, New York CNN, Nasdaq, Federal, DC, Traders, Fed, Federal Reserve, United Nations, UN, Euromonitor, Oji Holdings, Flags Locations: New York, Japan, China, Indonesia, Malaysia, United States

☆ A global tax war is looming. It could hit Big Tech hard
▼ + stars: | 2024-07-03 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

New York CNN —A stalemate in Washington could destroy a landmark tax deal that was painstakingly hammered out among 140 countries over the better part of a decade. Some analysts say that the United States’ inability to ratify the deal could lead to a tax war among the richest nations that would hit tech behemoths like Google, Apple, Meta and Amazon particularly hard. Canada recently implemented a local tax on the world’s largest tech companies, something the OECD treaty had sought to avoid. New Zealand has also said it will implement its own digital services tax on large multinational companies beginning in 2025. The FTC also said that documents showed that competing mattress suppliers would lose access to its most important retail channel.

Persons: Donald Trump, he’s, Manal Corwin, ”, Megan Funkhouser, won’t, Alicia Wallace, Economists, Ramishah Maruf, Tempur Sealy, —, Foster Organizations: CNN Business, Bell, New York CNN, Apple, Meta, Economic Co, Development, OECD, Biden, Republicans, Finance, OECD’s, Tax, Administration, Information Technology Industry Council, CNN, Bureau of Labor Statistics ’, Labor, Labor Statistics, Federal Trade Commission, United, FTC, Pedic, Sealy Locations: New York, Washington, United States, Canada, Zealand, New Zealand, Stearns

☆ ARFID: the eating disorder you haven’t heard of
▼ + stars: | 2024-07-02 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +8 min

Now 8 years old, Hannah is being treated for Avoidant/Restrictive Food Intake Disorder, or ARFID. Unlike eating disorders like anorexia or bulimia nervosa, this diagnosis isn’t concerned with body shape or size, said Kate Dansie, clinical director of the Eating Disorder Center in Rockville, Maryland. Instead, people with ARFID are very limited in the foods they feel safe and comfortable eating, Dansie said. While an estimated 9% of the US population will have an eating disorder at some point, studies suggest that somewhere between 0.5% and 5% of the population has ARFID, according to the National Eating Disorders Association. One way to spot the difference is the level of impairment and anxiety that comes with facing a new food, Murray said.

Persons: Hannah, didn’t, Michelle, Kate Dansie, Dansie, “, ”, Stuart Murray, Murray, ARFID, nutritively, ” Hannah, ” Dansie, ” Murray, –, Nicole Stettler, “ It’s, ” Michelle Organizations: CNN, Girl Scouts, Disorders, Eating Disorders, University of Southern, “, Rogers Behavioral Health Locations: Rockville , Maryland, University of Southern California

☆ Investors just got an inflation wakeup call. Will they answer?
▼ + stars: | 2024-07-02 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

New York CNN —Inflation rates in Canada, the EU and Australia have popped higher in recent months. But that disconnect appears to be fading as inflation rates in the US continue to ease. The US also had a recent scare as inflation rates ticked higher. But after a year of the Fed holding interest rates steady at a 23-year high, inflation rates in the United States are once again declining. High inflation readings around the globe are concerning investors, José Torres, senior economist at Interactive Brokers, told CNN.

Persons: ”, Brent Schutte, Schutte, José Torres, Torres, payrolls, Chewy, Keith Gill, Krystal Hur, Gill, Ryan Cohen, Jordan Valinsky, CSSE Organizations: CNN Business, Bell, New York CNN, EU, Federal, Federal Reserve, Bank of Canada, Northwestern Mutual Wealth Management, Interactive Brokers, CNN, Investors, Bank for International, BIS, Securities, Exchange, GameStop, Soul Entertainment, BBC, Sony Pictures, Walmart, Walgreens, Apollo Global Management, Sony, Netflix Locations: New York, Canada, Australia, United States, Europe, Redbox

☆ Russia can’t fight NATO on the battlefield – so it’s waging a hybrid war instead
▼ + stars: | 2024-06-30 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +15 min

And while they might look minor in isolation, taken together these incidents amount to what security experts say is Russia’s hybrid war on the West. Thornton said Russia was resorting to a campaign of sabotage as an alternative to a full-on war with NATO, which would be disastrous for Russia. Article 5 is the cornerstone principle that an attack on one member of NATO is an attack on all members. Danylyuk said the Russian security apparatus doesn’t shy away from using criminals to do its dirty work, tapping into its links with international organized crime. Russia can only be strong if the West and NATO are weak.

Persons: –, Petr Fiala, Jens Stoltenberg, Rod Thornton, there’s, ” Thornton, Vladimir Putin, Thornton, “, ”, It’s, ” Nicole Wolkov, Andrei Averyanov, Averyanov, Sergei, Yulia Skripal, d’etat, Oleksandr Danylyuk, …, Volodymyr Zelensky’s, Danylyuk, Olga Lautman, Fiala, Sergei Skripal, Yulia, Frank Augstein, ” Lautman, Lautman, Alexander Litvinenko, Andrei Lugovoi, Theresa May, Nikolai Glushkov, Salisbury, Putin, ” “, let’s, ’ ”, that’s, Litvinenko, Skripal Organizations: CNN, Occupation, . Police, European Union, NATO, King’s College London, ”, Royal United Services Institute, Czech Police, GRU, London –, German Federal Public, Ukraine, Russian, Russia NATO, Center for, European, of Human, Duma, Metropolitan Police, Command, Soviet, West Locations: Prague, Czech, Moscow, Europe, Riga, London, Warsaw, Germany, Russia, Belarus, Russian, Spain, Lithuania, Canada, Ukraine, Kyiv, Russia –, United States, al Qaeda, France, EU, Salisbury, England, Czech Republic, Vrbetice, Montenegro, Moldova, Macedonia, Ukrainian, Poland, Salisbury , England, Finland, Estonia, Lautman, Soviet Union

☆ Insider Today: Delta's bougie new lounge
▼ + stars: | 2024-06-29 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. On the agenda:This story is available exclusively to Business Insider subscribers. The highly anticipated lounge — which comes in at nearly 40,000 square feet — offers high-class perks like a wellness center, terrace, and full-service restaurant. BI's reporter got a tour, and says it's the best lounge of its kind. AdvertisementMore of this week's top reads:The Insider Today team: Joi-Marie McKenzie, editor in chief of life, in New York.

Persons: —, Tyler Le, Lisa, Nicole, Malorie, bearable, Emily Stewart, BI's Madison Hoff, Ayelet Sheffey, Ben Wigert, Amy Hardison, She's, Bryan Johnson, Hardison, Gareth Cattermole, playbook Taylor Swift, Travis Kelce, It's, Taylor Swift, Taylor Rains, John F, Kate Dehler, niacinamide, Abanti Chowdhury, Celine Dion, Rebecca Zisser, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan, Grace Lett, Amanda Yen Organizations: Service, Business, Creative, Air Lines, Kennedy International Airport, BI, Hulu, realtors, Shark Locations: newsrooms, New York City, London, New, Manhattan, New York, Chicago

☆ Markets unfazed as Donald Trump has much better debate night than Joe Biden
▼ + stars: | 2024-06-28 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

London CNN —President Joe Biden had a shaky performance in last night’s presidential debate, triggering panic in the Democrat camp. Former President Donald Trump, meanwhile, repeated multiple falsehoods while doubling down on his record of cutting taxes and hiking tariffs during his first presidential term. If repeated in a second Trump term, many economists fear that kind of agenda could stoke inflation at a critical moment and add to America’s rapidly growing debt mountain. That could pull the typical year-end election relief rally forward, said Ed Clissold, chief US strategist at Ned Davis Research. The US dollar has also been reactive — it edged higher as initial CNN polling found that Trump was viewed as the winner of the debate.

Persons: Joe Biden, Donald Trump, shrugged, ”, Keith Lerner, Barack Obama, Trump, Lerner, Ed Clissold, Ned Davis, Antonio Ernesto Di Giacomo, “, Goldman Sachs ’ Scott Rubner, Jonas Goltermann, Emmanuel Macron, Katie Nixon, France’s, CDK, Ramishah Maruf, Eva Rothenberg, aren’t, they’ve, Scott Campbell, CNN they’ve, Jordan Valinsky, Tim Wentworth Organizations: London CNN, Democrat, Trump, “, Biden, Ned, Ned Davis Research, Investors, Capital Economics, CNN, Renaissance, Northern Trust Wealth Management, CAC, CDK, Auto, Capital City Buick GMC, Bloomberg, Walgreens Locations: France, “, North America, United States, Canada, Berlin , Vermont, Eastern Europe, America

☆ These stocks offer growth at a reasonable price with the second half of 2024 around the corner
▼ + stars: | 2024-06-28 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

It's tough to find growth stocks selling at a reasonable valuation, but searching for companies whose bottom lines are still expanding but not too richly priced could give investors a leg up entering the second half of the year. With the S & P 500 ahead by 15% in the first half alone and the S & P and Nasdaq Composite both near all-time highs, now might be the time for investors to adjust their portfolios accordingly. With that in mind, one time-tested strategy to consider is screening for stocks that offer growth at a reasonable price, or GARP, combining tenets from both value and growth investing. CNBC Pro recently screened for stocks in the S & P 500 that fit the GARP approach. With a year-to-date rally of 11%, electric company Emerson Electric was also on the list of GARP stocks.

Persons: Baird, Morgan Stanley, Goldman Sachs, Nicole DeBlase, Fred Imbert Organizations: Nasdaq, CNBC Pro, Companies, Royal Caribbean Group, Citigroup, JPMorgan, Investment, Emerson Electric, Deutsche Bank Locations: Oppenheimer, Milwaukee

☆ She Needed an Emergency Abortion. Doctors in Idaho Put Her on a Plane.
▼ + stars: | 2024-06-28 | by ( Kate Zernike | ) www.nytimes.com time to read: +1 min

Nicole Miller had gone to the emergency room in Boise, Idaho, after waking up with heavy bleeding in her 20th week of pregnancy. By afternoon, she was still leaking amniotic fluid and hemorrhaging and, now in a panic, struggling to understand why the doctor was telling her that she needed to leave the state to be treated. “If I need saving, you’re not going to help me?” she recalls asking. “I just need to stay alive so I can be around for my two other kids,” nurses reported her saying as she arrived at the hospital in Salt Lake City, 14 hours after she had arrived in the emergency room back home. Only when she woke up the next morning did she understand, because a nurse told her, that she was airlifted so she could have an abortion.

Persons: Nicole Miller, you’re, ”, Miller, “ Organizations: Boise Medical Locations: Boise , Idaho, St, Boise, Utah, Salt Lake City

☆ Markets are adjusting to stubborn inflation. Election noise could spoil the calm
▼ + stars: | 2024-06-27 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

Add to that the noise surrounding the US election, and it could be a rougher second half. Central Banks in Canada and the eurozone have both cut interest rates, but inflation rose in both of those regions last month. Australia, meanwhile, saw its inflation rate rise to 4% this week, stoking fears that the Reserve Bank of Australia could soon move to raise rates again. It was already well known that no documentation was found to show who worked on the door plug. Without the bolts, the door plug incident was pretty much inevitable.

Persons: London CNN —, they’ve, Michelle Bowman, she’s, Mary Daly, Austan Goolsbee, stoking, Joe Biden, Donald Trump, ”, José Torres, Torres, wouldn’t, Joseph Stiglitz, Trump, Trump’s, Max, “, Al Michaels, Michaels, Peacock, ” Michaels, ‘, CNN Michaels, Read Organizations: CNN Business, Bell, London CNN, Federal Reserve, foibles, San Francisco Fed, Chicago Fed, Central Banks, Reserve Bank of Australia, Interactive Brokers, Treasury, Trump, Peterson Institute, Oxford Economics, Allianz, CNN, Boeing, Alaska, Alaska Airlines, National Transportation Safety Board, Alaska Air, NBC, Summer Games, Olympics Locations: London, Canada, Australia, Renton , Washington, Paris, ’

And they were everywhere, although, naturally, New York City was a magnet, as it has always been for L.G.B.T.Q.+ people looking for a place in which they can be themselves. New York City was where you lost your soul, and we wanted to be closer to the earth. I wore an eight-and-a-half-foot-tall Statue of Liberty costume to the Easter Parade in New York City, and Kirsten came along with me. By the time I turned 30, I’d been telling people I was older for years, because I’m not the type to bemoan the loss of my youth. Going to New York felt like this moment of emerging to a wider audience, and then I started to travel a lot.

Persons: André De Shields, Lady Bunny, Michael R, Jackson, Juliana Huxtable, Wong, J.D, Samson, Pat Oleszko, it’s, —, John Rechy, ”, Danez Smith, Trump, he’d, “, Jenna Lyons, Avram Finkelstein, Joe Mantello, …, Catherine Opie, you’re, Willie Norris, “ I’d, It’s, you’ve, ” — Mark Harris Read, De Shields, Justin French, Chuck Ashley, Anthony Cotsifas, William F, Robert O’Hara’s, Hermes, — Max Berlinger Jenna Lyons, Antonio Lopez, Jenna Lyons’s, Grace Jones ”, Juan Ramos, Antonio Lopez’s, Grace Jones, Tina Chow, Marisa Berenson, Pam Anderson, That’s, — Jason Chen Jayne County, Jayne County, Gus Stewart, Billy Idol, Wayne County, — M.B, Bill T, Jones, Arnie, Arnie Zane, Zane, Keith Haring, Lois Greenfield, Jack Mitchell, Peggy Jarrell Kaplan, Gertrude Stein, Alice B, we’d, Bill, Arnie ”, I’m, — Juan, Norris, Yael Malka, Tomas Abad, West, Black, I’d, — Colleen Hamilton B.D, New York’s Eugene, . Wong, David Henry Hwang’s, Richie, wasn’t, Wayne Barker, — John Wogan Edmund White, Edmund White, Horatio, Leonard Fink’s “, Barbara Confino, Leonard Fink, Joseph Rodriguez, Bleecker, You’d, Gosh, Michael Snyder Pat Oleszko, Chichi, Kirsten, who’d, she’d, — C.H, Brian Michael Smith, Gay, Smith, Kiki Ball, Josue Infante, Skyler Cruz, Jamison, — J.A.R, Agnes Denes’s “, Don Yowell, Finkelstein, Agnes Denes, Leslie Tonkonow, Don, Agnes Denes’s, JD Samson, Sia, Mark Hunter, Anthony Cotsifas I’d, Johanna Fateman, Tigre, Michael O’Neill, Obama, might’ve, — Kate Guadagnino Kristen Kish, Kish, Suzanne Kreiter, David Moir, Bravo, isn’t, — J.W, Stephen Spinella, Mantello, Joan Marcus, Photofest, Tony Kushner’s, Louis Ironson, Milton Glaser, he’s, David, Marshall Grant, Joe Pitt, Walter, Awards, Stephen, ” —, Freedia, Devon Hurst, Sissy Nobby, Barack Obama’s, Lyle Ashton Harris, Big, Bounce, ” — M.B, Thom Browne, Browne, Los Angeles’s Chateau Marmont, Malcolm Venville, Paul Fortune, Michèle Lamy —, — J.C, Catherine Opie’s “, Opie, Ian, Lehmann Maupin, Eileen Myles, Jenny Shimizu, I’ve, Nicole Acheampong Danez Smith, Juan Cordero, ” Womp, They’d, hookups, Who’s, We’ve, You’re, J.A.R, Linda Simpson, India, Little Louie Vega, who’s, — K.G, Alexander Chee, Alexander Chee’s, Marguerite Duras’s “, Jeongneung, King Jungjong, Eric McNatt, Chris Chee, — M.S, Sam Jay, Jay, Jonah, Kumail ”, hadn’t, K.G, Phillip Lim, Lim, Tourmaline, Sylvia Rivera, Luce Capco Lincoln, York’s, We’d, Marsha P, John Cameron Mitchell, Larry Kramer, Mitchell’s, Mitchell, Martha Swope, Billy Rose, Mark Tusk, ” Kramer’s, Larry, Ned Weeks, Ned, “ Hedwig, J.W, Joerg Lohse, Reena, there’s, Matt Bomer, Bomer, Simon Halls, Neal Caffrey, Tony Kushner, Terrence McNally —, — I’d, Hollywood, Wu Tsang, Neil Rasmus, Wildness, ’, Wildness ”, Roxane Gay, Mueller, Brandon Williams, Donna Gottschalk, Donna Gottschalk’s “, Duchess, Galerie Marcelle Alix, goddamn, Coco Romack Michael R, Aaron Kinney, Nova, “ I’m, Bob Damron’s, Sgt, Shirley, Waldorf, Harold’s, Jean ] Genet, Marcel, Proust Organizations: Pride, Stonewall, West, America’s, ACT UP, San, Playwrights Horizons, Odeon, New York’s TriBeCa, Electric, Getty, Police, Billy, New York Live Arts, Keith Haring Foundation, BAM Hamm, Liberation, Brooklyn Liberation, Brooklyn Museum, Fort, New York’s, New York’s Eugene O’Neill Theatre, Broadway, Equity, LGBT Community Center, Fulbright, Mudd, New, Bisexual, Transgender Community, Center, Transgender Community Center, “, Maxwell, Museum School, Farmers, Seattle, Boston Globe, Travel, New York Times, Rancho Mirage, Gay, Caesar’s, FEMA, Yale, York’s Webster Hall, Masters, Records, Pyramid, Work, ACT, Carpenters, Seymour, Edinburgh, Atlanta —, Ninja, Huntington, New York, Lesbian, Equal, Billy Rose Theatre Division, The New York Public Library, The New York Times, USA, Children’s Hospital of Los, MoMA, Whitney Biennial, University of Nebraska, Alamy, HarperCollins, of Engineering, Google, Division, Astor, Tilden Foundations, Pershing, University of Southern, Pershing Square Locations: New York, Berlin, “, America, San Francisco, Baltimore, New York’s, New York City, California, Atlanta, Europe, Wayne County, Dortmund, Germany, London, Amsterdam, Rotterdam, Rockland County, N.Y, ’, I’m, Brooklyn, West Dakota, Fort Greene, New, Leonard Fink’s “ Bars, Street, Rome, —, Aspen, Colo, Copenhagen, Danish, Peru, Los Angeles, Agnes Denes’s “ Wheatfield, Downtown Manhattan, North Moore, TriBeCa, Hoboken, N.J, Lower Manhattan, Manhattan, Boston, Williamsburg , Brooklyn, Vinnie’s, Bedford, Austin , Texas, Copley, Menton, Asian American, York, New Orleans, Houston, Los Angeles’s, L.A, Hong Kong, Seoul, Casa, Koreatown, Minneapolis, Grindr, East, India, Wigstock, Tompkins, Vershire, Chee, Iowa, Huntington Beach, Chelsea, Barneys, Madison, Miami, New York State, Washington, The, LA, Silver Lake, Missouri, Children’s Hospital of Los Angeles, Zurich, Central, American, Westlake, Los Angeles and New York, Lincoln, Alphabet City , New York, Lenox, United States, University of Southern California, Downtown Los Angeles

☆ Lanvin, Oldest French Fashion House, Names a New Designer
▼ + stars: | 2024-06-27 | by ( Vanessa Friedman | ) www.nytimes.com time to read: +1 min

A major vacancy in the fashion world has been filled. On Thursday, Lanvin, the oldest French couture house in continual existence, named Peter Copping its new artistic director, an appointment that indicates a potential return to pure designers after a period in which the buzz was focused on content creators. He has spent the last five years working behind the scenes as head of couture at Balenciaga, where he was instrumental in orchestrating the much celebrated return of couture to that house. (The announcement of his appointment at Lanvin came the day after Balenciaga’s latest couture show, attended by Nicole Kidman and Naomi Watts, among others.) Previously, he had been the handpicked heir to Oscar de la Renta before Mr. de la Renta’s death roiled his succession plans, and the head designer at Nina Ricci.

Persons: Lanvin, Peter Copping, “ Peter Copping’s, ” Siddhartha Shukla, Mr, Copping, Nicole Kidman, Naomi Watts, Oscar de la, de, Nina Ricci Locations: French, Lanvin, Balenciaga

☆ The Nvidia spell has been broken. Here’s what could come next
▼ + stars: | 2024-06-26 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

London CNN —Nvidia, Nvidia, Nvidia. Nvidia’s stock bounced back Tuesday, yet investors have been reminded of a potentially bubble-bursting truth: You can fly too close to the sun. For context, it took Warren Buffett about 60 years to build Berkshire Hathaway into a nearly trillion dollar company. But typical volatility can have seismic repercussions when it comes to a stock as all-consuming as Nvidia. Analysts at The Carlyle Group say that while artificial intelligence is revolutionizing the world around us, the Nvidia stock bubble will eventually burst.

Persons: Warren Buffett, Berkshire Hathaway, Microsoft’s, ”, Jim Smigiel, Louis Navellier, Nvidia’s, ” Jochen Stanzl, Emily Bowersock Hill, Jason Thomas, Carlyle’s, ” Neil Roarty, Stocklytics, —, Levi’s, “, LEVI, ” Read, Ryan Callahan, ” Callahan, CDK, Tom McParland Organizations: CNN Business, Bell, London CNN, Nvidia, Berkshire, Deutsche Bank, SEI, Navellier, Associates, CMC, CNN, Bowersock Capital Partners, The Carlyle Group, ’ Association, Mazda, North America, Automatic Consulting Locations: London, Turkey, Istanbul, Seekonk , Massachusetts

☆ Tal Alexander announces he will step away from his brokerage firm amid rape allegation
▼ + stars: | 2024-06-25 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +4 min

AdvertisementThe announcement caps a dizzying fall from the pinnacle of the residential real estate business for both Tal and his brokerage partner and brother Oren Alexander amid sordid allegations. Tal and Oren spent more than a decade at the brokerage firm Douglas Elliman, establishing themselves as big-name sellers of ultra-pricey homes. In 2022, the pair broke off from Elliman and cofounded Official Partners, a firm that focuses exclusively on the uppermost tier of the residential sales market. She also said that the decision to step aside was mutually made by Tal and Official. "Given the salacious nature of this false allegation and impact on Official, Tal and his partners have decided he will take a leave from the company," Deanna Paul, the attorney, said.

Persons: —, Tal Alexander, America's, Alexander, Deanna Paul, Tal, Paul, Oren Alexander, Oren, Douglas Elliman, Ken Griffin, Alon Alexander, Alon, Nicole Oge, Oge, Angelica Parker Organizations: Service, Business, Partners Locations: New York, Manhattan, Elliman, New York State

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