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☆ Welcome back to Wall Street earnings season
▼ + stars: | 2024-07-11 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +6 min

But for now, we're turning to Wall Street in our big story, as big banks gear up to report their earnings. The big storyEarnings to watchMomo Takahashi/BIJust like that, it's Wall Street earnings season once again. Wall Street banks have been waiting for M&A, IPOs, and other fee-generating corporate dealmaking to come roaring back for two years. In May, the CEO shocked Wall Street by saying he plans to step down in the next five years . Will banks start charging for everyday consumer products like checking accounts?

Persons: —, Joe Biden's, Sen, Peter Welch, Biden, Momo Takahashi, Wells, Goldman Sachs, Morgan Stanley, Kaja Whitehouse, Jamie Dimon's, Kaja, Jefferies, Jamie Dimon, Wall, Marianne Lake, We're, Larry Fink, Jenny Chang, Rodriguez, Neil Dutta, Tesla's, Elon Musk, Jeff Bezos, Rich Guy, Alyssa Powell, Andrei Cojocaru, David Zaslav, isn't, Joe, Zaslav, Jordan Parker Erb, Lisa Ryan, Joe Ciolli, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Democrat, Democratic, Hollywood, NATO, Business, showtime, JPMorgan, Citigroup, BlackRock, Bank of America, Getty, Warner Bros, Discovery, Air Lines, PepsiCo, Bureau of Labor Statistics Locations: New York, Chicago, London

☆ Trump claims not to know who is behind Project 2025. A CNN review found at least 140 people who worked for him are involved
▼ + stars: | 2024-07-11 | by ( Steve Contorno | ) edition.cnn.com time to read: +12 min

In addition to people who worked directly for Trump, others who participated in Project 2025 were appointed by the former president to independent positions. Several people involved in Project 2025 didn’t serve in the Trump administration but were influential in shaping his first term. Both Trump and Project 2025 have called for eliminating the Department of Education. Vast network of Trump alliesHowever, Trump’s attempts to distance himself from Project 2025 have already encountered credibility challenges. Shortly after Trump’s Truth Social post last week, Democrats noted a recruitment video for Project 2025 features a Trump campaign spokeswoman.

Persons: Donald Trump, “, Trump, Mark Meadows, Stephen Miller, Jay Sekulow, Cleta Mitchell, John Eastman, Brendan Carr, Lisa Correnti, Brett Tolman, Charles Kushner, Trump’s, Tolman, Joe Biden, Danielle Alvarez, “ Team Biden, ” Alvarez, Kevin Roberts, Roberts, ”, Susie Wiles, Chris LaCivita, Paul Dans, Biden, Miller, Russ Vought, Ben Carson, Christopher Miller, John Ratcliffe, Steven Bradbury, Patrick Pizzella –, Mark Morgan, Tom Homan –, –, Kathy Nuebel Kovarik, Ken Cuccinelli, Peter Navarro, Michael Pack, Frank Wuco, Barack Obama’s, David Legates, Mari Stull, President’s, ” Roberts Organizations: CNN, Republican, White, Trump, Heritage Foundation, Mandate, Leadership, Federal Communications, United Nations Commission, Republican Party, “ Team, Democratic, Committee, Heritage, American, Foundation, Department of Education, Affordable, National Weather Service, Trump Administration, America, Center, Management, “ Mandate, Leadership ”, Urban, National Intelligence, Labor, Customs, Border Protection, Immigration, of Homeland Security, US Agency for Global Media, NOAA, State Department, ” “ Conservatives Locations: Trump, Washington, Texas , Alabama, Mississippi, America

☆ Here's the immigration firm that is helping "extraordinary" AI engineers qualify for an H-1B alternative visa
▼ + stars: | 2024-07-11 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +7 min

The US issues just 140,000 employment-based visas and 85,000 H-1B visas a year. The O-1 visa has eight criteria; applicants must meet three out of eight to qualify. "A lot of it is a storytelling exercise about yourself to meet the criteria of the O-1," Wehden said. AdvertisementGabriel Petersson, a Midjourney engineer and high school dropout, initially considered an H-1B visa before realizing it required a college degree. While 85% of the company's petitions have been for O-1 visas thus far, it also supports green card applications.

Persons: —, Joe Biden, Donald Trump, Lisa Wehden, Wehden, Lisa, Justin Bieber, Plymouth's, Gabriel Petersson, Petersson, Minn Kim Organizations: Service, Plymouth, Business, Immigrants, Microsoft, Nvidia, Google, Immigration, Employers, O1, Institute for Progress, Schmidt, Emergent Ventures, Talent Mobility Fund Locations: Plymouth, America

☆ Shelley Duvall, star of ‘The Shining,’ dead at 75
▼ + stars: | 2024-07-11 | by ( Lisa Respers France | ) edition.cnn.com time to read: +3 min

CNN —Shelley Duvall, best known for her roles in “The Shining” and several acclaimed Robert Altman films, has died, according to reports, citing a family spokesperson and her longtime partner. Duvall died in her sleep at their home in Blanco, Texas of complications of diabetes, Dan Gilroy, her life partner of more than 30 years, told The Hollywood Reporter. She returned to screens and in 2023 for the horror film “The Forrest Hills.”“I wanted to act again. And then this guy kept calling, and so I wound up doing it,” Duvall quipped in her interview with the Times. “If you ever do a horror film, other horror films are going to come to you, no matter what you do.”

Persons: CNN — Shelley Duvall, Robert Altman, Duvall, Dan Gilroy, ” Gilroy, Shelley, ”, Jack Nicholson, Robin Williams, Altman, “ Brewster, ” Shelley Duvall, Warner, Shutterstock Duvall, Hall ”, “ McCabe, Miller, Shelley Duvall, Williams, “, Phil, Walt, hadn’t, it’s, Gilroy, ” Duvall Organizations: CNN, Hollywood, Warner Bros, Hawk Films, ”, Cannes, Boca Raton, Walt Disney, Paramount, New York Times, Times Locations: Blanco , Texas, ”, Texas, Forrest

☆ Stocks making the biggest moves midday: Delta Air Lines, SoundHound AI, WD-40, Tesla and more
▼ + stars: | 2024-07-11 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

Check out the companies making headlines in midday trading: Delta Air Lines — The stock fell almost 5% after the airline issued a sales growth forecast for the third quarter that came in below expectations. The company also reported an almost 30% decrease in net income for the second quarter compared to a year ago. Shares of major airline stocks American Airlines and United Airlines also fell around 4.7% and 3.7%, respectively, following the results. WD-40 reported total net sales of $155 million in the fiscal third quarter, up 9% from the year-ago period. Semiconductor names — Investors took a few chips off the table on Thursday, selling high-flying semiconductor stocks.

Persons: QuantumScape, Conagra, Lantheus, Tesla, Horton, —, Alex Harring, Samantha Subin, Yun Li, Lisa Kailai Han, Pia Singh, Tanaya Macheel, Darla Mercado Organizations: Delta Air Lines, American Airlines and United Airlines, Costco, Peugeot, Opel, Vauxhall, Lantheus Holdings, Medicare, Services, PepsiCo, Revenue, Bloomberg News, Bloomberg, Industries, Builders, Semiconductor, —, VanEck Semiconductor, Nvidia Locations: U.S, Canada, Europe

☆ How did the auto dealer outage end? CDK almost certainly paid a $25 million ransom
▼ + stars: | 2024-07-11 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +4 min

Pinpointing exactly who sends a cryptocurrency payment can be complicated by the relative anonymity that some crypto services offer. The ransom payment of $25 million hasn’t been previously reported. A $25 million ransom payment is certainly large but not unheard of in the lucrative ransomware economy. UnitedHealth Group, the health care conglomerate whose subsidiary suffered a ransomware attack in February that hobbled pharmacies across the US, paid a $22 million ransom to a different criminal group. But the average ransom payment in the fourth quarter of 2023 was significantly lower: $568,705, according to cybersecurity firm Coveware.

Persons: —, Chris Janczewski, CDK, Janczewski, Lisa Finney, Finney, Brian MacDonald, ” CDK, ”, Jon DiMaggio, Analyst1, ” DiMaggio Organizations: CNN, CDK, TRM Labs, Bloomberg, CBS, US Department of Health, Human Services, UnitedHealth Locations: North America, Chainalysis

☆ The S&P 500 hasn't been this overbought since late 2023 — signaling trouble ahead
▼ + stars: | 2024-07-11 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

The S & P 500's 14-day relative strength index, or RSI, closed above 81 on Wednesday. This coincided with the S & P 500 closing above 5,600 for the first time. The S & P 500 has closed with an RSI above 81 only 12 other times in the past 40 years, Cantor head of equity derivatives Eric Johnston pointed out. After entering such overbought conditions, the S & P 500 has averaged a decline of 2.21% in the following 15 days, Johnston's data shows. Traders took some profits off the table on Thursday, with the S & P 500 losing 0.9%, pulling back from the all-time highs reached in the previous session.

Persons: Cantor Fitzgerald, Cantor, Eric Johnston Organizations: Traders

☆ Gold climbs as traders brace for U.S. inflation data
▼ + stars: | 2024-07-11 | by ( ) www.cnbc.com time to read: +2 min

Gold prices firmed for a third consecutive session on Thursday, with investors awaiting U.S. inflation data due later in the day for more insights on the Federal Reserve's interest rate path. Gold prices firmed for a third consecutive session on Thursday, with investors awaiting U.S. inflation data due later in the day for more insights on the Federal Reserve's interest rate path. Any downside surprise in the CPI report could weaken the dollar and push up gold prices to the $2,400 level, said Marex analyst Edward Meir. Fed Chair Jerome Powell said on Wednesday that the U.S. central bank would make interest rate decisions "when and as" they were needed. Spot silver climbed 0.7% to $31.04 per ounce, platinum firmed 0.4% to $993.25 and palladium gained 0.7% to $992.90.

Persons: Edward Meir ., Lisa Cook, Meir, Jerome Powell, Wang Tao Organizations: Index, Traders Locations: U.S

But leaning into the microphone and whispering to dramatize his defiance, Mr. Biden made clear that he did not foresee this happening. “No poll says that.”He seemed to open the door to an alternative, then swiftly shut it. Sure, “other people can beat Trump,” he said, but it would be too hard to “start from scratch.”The president’s first news conference since the debate amounted to a competent presentation, if not a compelling performance. But it remained in doubt whether it was enough to stop the bleeding of Democratic support that has threatened to hemorrhage. Minutes after he left the stage, the drip-drip-drip of Democratic members of Congress calling for him to step aside continued unabated.

Persons: Biden, ”, “ Organizations: Trump

☆ Two men plead guilty to helping send electronics found in weapons to Russia
▼ + stars: | 2024-07-10 | by ( Jack Forrest | ) edition.cnn.com time to read: +3 min

A co-defendant in the case, Kristina Puzyreva, pleaded guilty in February to conspiracy to launder the proceeds of the export scheme, prosecutors said, and she now awaits sentencing. Authorities seized around $1.68 million dollars in connection with the scheme, prosecutors say. The components the trio sourced have been found in seized Russian weapons that included guided missiles, helicopters, unmanned aerial vehicles and battle tanks, with some of the components needed for Russia’s precision-guided weapons systems being used against Ukraine, according to prosecutors. “The defendants were aware of the potential military applications of the electronics that they exported to Russia,” prosecutors said in the release. “Goltsev responded, ‘happy holiday to you too my friend, we are defending it in the way that we can [smile emoji].’”CNN’s Devan Cole contributed to this report.

Persons: Salimdzhon Nasriddinov, Nikolay Goltsev, “, Lisa Monaco, “ Mr, Goltsev, ” Todd, Kristina Puzyreva, Ivan J, Arvelo, Nasriddinov, ’, “ Goltsev, ‘, ” CNN’s Devan Cole Organizations: CNN, of, Nasriddinov, SH Brothers Inc, SN Electronics Inc, United, United Arab Emirates, Homeland Security Investigations, York, Authorities, Fatherland, Soviet Union Locations: Montreal, Russia, Ukraine, Eastern, of New York, Brooklyn, Turkey, Hong Kong, India, China, United Arab

☆ Pricing is really weird lately
▼ + stars: | 2024-07-10 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at why pricing is so weird these days . More recently, Walmart introduced digital price tags, which some people said could be used for variable pricing. The constantly changing costs have consumers feeling a sense of price fatigue, Emily writes. Emily writes that most economists agree that government-mandated price-fixing isn't the way to go about it. So, as Emily writes, you can't fault anyone for feeling a certain sense of doom and gloom about the economy.

Persons: —, Alyssa Powell, Emily Stewart, Emily, Michael Raines, Rebecca Zisser, Michael Arone, Steve Granitz, Elon Musk, Tyler Le, Larry Page, Biden, Keir Starmer, Rishi Sunak's, Jerome Powell, Jordan Parker Erb, Lisa Ryan, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Soviet Union, Business, Walmart, JPMorgan, Wall, Group, State, Navy, Spotify, Labour Party, Samsung Locations: Montana, Soviet, America, USA, Diego, Idaho, New York, London

☆ Stocks making the biggest moves after hours: WD-40 Company, Costco and more
▼ + stars: | 2024-07-10 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

Check out the companies making headlines after the bell : WD-40 Company — Shares gained 11% after the maker of metal lubricants reported fiscal third-quarter results that beat analysts' expectations. WD-40 posted earnings of $1.46 per share on revenue of $155 million, higher than the earnings of $1.39 per share on revenue of $145.8 million analysts were expecting, according to FactSet. PriceSmart — The membership warehouse club operator added 6% after posting a fiscal third-quarter earnings and revenue beat. Costco Wholesale — Shares gained 3% after the membership-only retail chain announced its first membership rate increase since 2017. The Costco Wholesale Corp. logo is displayed above a gas station in Hawthorne, California, on June 12, 2024.

Persons: PriceSmart, FactSet, Patrick T, Fallon Organizations: Costco, Semiconductor, Technology, Costco Wholesale Corp, Afp, Getty Locations: Hawthorne , California

☆ The Pie I’ll Never Shut Up About
▼ + stars: | 2024-07-10 | by ( Lisa Donovan | ) www.nytimes.com time to read: +1 min

You get to take time to enjoy the kind of inspiration that being alone in a giant kitchen full of your tools and favorite recipes might bring. On those mornings, I would use my early arrival as a chance to thumb through my cookbooks. Some of these books were by renowned pastry chefs, but a majority were castoffs from rummage sales and “free” bins at the library. They were full of recipes that people once exchanged verbally before eventually typing them up and binding them with plastic spirals. In these volumes, I found inspiration and personal stories — and often scrap papers with handwritten recipes tucked among the pages.

Traders work on the floor at the New York Stock Exchange on June 14, 2024. U.S. stock futures were little changed Wednesday night after both the S&P 500 and Nasdaq Composite closed at new all-time highs. Futures tied to the broad market index slipped less than 0.1%, as did Nasdaq 100 futures . These moves come before a key inflation report due to be released Thursday morning, which could help solidify expectations for a rate cut in September. "Any upside surprises in inflation are going to be downside surprises for markets.

Persons: Dow Jones, Mike Bailey Organizations: New York Stock Exchange, Nasdaq, Dow Jones Industrial, Costco Wholesale, Dow, FBB Capital Partners, PepsiCo, Delta Air Lines

☆ Stocks making the biggest moves premarket: Taiwan Semiconductor, Tesla, Carvana and more
▼ + stars: | 2024-07-10 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Though Goldman increased its price target, the investment bank remains neutral on Tesla, with the new price target implying about 5% downside from Tuesday's close of $262.33. Taiwan Semiconductor Manufacturing — Shares of the company, which makes semiconductor chips for AI giants including Nvidia and Apple, added 2%. Taiwan Semiconductor reported revenue from April-June this year of T$673.51 billion, as compared to the T$654.27 billion expected by analysts polled by LSEG, according to Reuters. 3M Company — Shares declined 1.2% after 3M announced its finance chief Monish Patolawala is leaving the company "to pursue another opportunity." The analyst's $77 price target implies a rise of 10.2% over the next 12 months.

Persons: Goldman Sachs, Tesla, Goldman, Monish Patolawala, Carvana, Needham, Jefferies, LegalZoom.com, Dan Wernikoff, LegalZoom, Lisa Han, Alex Harring, Spencer Kimball Organizations: Taiwan Semiconductor Manufacturing, Nvidia, Apple, Taiwan Semiconductor, LSEG, Reuters, 3M, Walmart —, Spotify Technology

☆ This cement startup says it goes beyond net zero to true zero carbon emissions
▼ + stars: | 2024-07-10 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

"By decomposing minerals at ambient temperature using electrochemistry, it actually allows us to use minerals that contain calcium for cement that aren't limestone, and that's what makes us true zero as opposed to net zero," Ellis explained. Its One Boston Wharf Road will be the largest net zero office building in the city, with Sublime cement in the ground floor public space. Its venture capital backers are Lower Carbon Capital, Engine Ventures, Energy Impact Partners, Prime Impact Fund, Siam Cement Group and MCJ Collective. For perspective, about 90 million tons of cement are produced in the U.S. per year. "This is a first-of-a kind process, and we're competing with a technologies that have been scaled to a million tons per year plus for, you know, decades.

Persons: Leah Ellis, Ellis, they'll, Yanni Tsipis, Lisa Rizzolo Organizations: Systems, Sublime Systems, WS Development, Sublime, U.S . Department of Energy, Carbon, Engine Ventures, Energy Impact Partners, Impact Fund, Siam Cement Group, MCJ, CNBC Locations: Fortera, Massachusetts, Boston, Portland, U.S

☆ Bernstein's top stocks for the second half score high on fundamental and quantitative factors
▼ + stars: | 2024-07-10 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

As the second half of the year kicks off, Bernstein shared its latest selection of stocks that look attractive on both a quantitative and fundamental level. Bernstein's basket of stocks includes 14 names across six sectors that are highly ranked on a quantitative basis, not crowded and rated as overweight by the firm's analysts. The updated basket comes as the broader market trades at record highs, making it difficult for investors to find attractively valued stocks. Here is a look at some of the names in Bernstein's latest quantitative and fundamental basket of stocks: Telecommunication giant T-Mobile made the list. Analyst Daniel Roeska's $55 price target corresponds to another potential 19% upside from the stock's Tuesday closing price.

Persons: Bernstein, Ottavio Adorisio's, David Barden, Barden, Danilo Gargiulo, Goldman Sachs, Daniel Roeska's, Motors Organizations: Mobile, Bank of America, Automobile, General Motors

☆ Woman who received pig kidney transplant and heart pump dies
▼ + stars: | 2024-07-09 | by ( Maya Davis | ) edition.cnn.com time to read: +3 min

CNN —Lisa Pisano, the first person to receive a mechanical heart pump as well as a gene-edited pig kidney, died Sunday, according to NYU Langone Health, where she had the surgery. Her case was the first reported organ transplant in a person with a mechanical heart pump, NYU Langone said, the second known transplant of a gene-edited pig kidney into a living recipient and the first transplanted along with the animal’s thymus gland. Pisano was brave and altruistic, Dr. Robert Montgomery, director of the NYU Langone Transplant Institute, said in a statement Tuesday. Due to Pisano’s heart failure and end-stage kidney disease that required routine dialysis, she couldn’t have a standard transplant, NYU Langone said in a news release. The pig kidney she received was genetically altered to evade human antibodies, which typically detect and attack foreign organs.

Persons: CNN — Lisa Pisano, Pisano, NYU Langone, Robert Montgomery, ”, Montgomery, … Lisa, Dr, Sanjay Gupta, ” Montgomery, Pisano’s Organizations: CNN, NYU Langone Health, NYU, NYU Langone Transplant, Procurement, Transplantation Network, US Food and Drug Administration, CNN Health

☆ Wall Street analysts love this recent IPO that's an AI play in the health-care sector
▼ + stars: | 2024-07-09 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Wall Street analysts are bullish on recently launched health-care technology stock Tempus AI . By combining a patient's molecular, clinical, and imaging data with its AI platform, Tempus delivers personalized therapy decisions," he wrote. Tempus AI debuted at the Nasdaq on June 14, closing at $40 after pricing its initial public offering at $37. Last month, investment management firm SoftBank announced it had invested about $200 million in Tempus AI before its Nasdaq listing. Since its debut, Tempus AI stock has slipped 10% from its IPO price.

Persons: Michael Ryskin, SoftBank, America's Ryskin, Ryskin, JPMorgan's Rachel Vatnsdal, William Blair, Morgan Stanley, Tejas Savant, TD Cowen, Dan Brennan Organizations: Bank of America, Tempus, Nasdaq, America's, Precision Oncology, Loop Capital Locations: Stifel, Needham

☆ Justice Department says it disrupted Russian ‘bot farm’ used to spread propaganda in US
▼ + stars: | 2024-07-09 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +4 min

CNN has requested comment on the Justice Department announcement from the Russian Embassy in Washington, DC, the Kremlin, the FSB and RT. X voluntarily suspended the bot accounts identified in court documents, the Justice Department said. It wasn’t just the FBI that helped expose the alleged bot farm. But the outlet has looked for new ways to reach audiences, including, the Justice Department alleges, through an army of fake X accounts. The RT employee, an FSB officer and others had access to the bot farm, which included X accounts that purported to be interested in cryptocurrency, according to the Justice Department.

Persons: Tom Cruise, Long, Vladimir Putin, Putin, “, Lisa Monaco Organizations: CNN, US Justice Department, Justice Department, RT, Kremlin, Microsoft, Justice, Russian Embassy, FBI, US Cyber Command, Department, Russian, The Locations: Ukraine, Russian, Russia, United States, Paris, Washington , DC, Poland, Germany, Netherlands, Spain, Israel, Arizona, cryptocurrency, Minneapolis, Lithuania

TD Cowen raised its price target on Netflix, calling for 13% upside for the stock. JPMorgan analyst Rachel Vatnsdal was similarly bullish with her $42 price target, while Morgan Stanley analyst Tejas Savant set a price target of $44. The analyst also raised his price target to $42 from $37, indicating a potential 3% upside from the stock's Monday afternoon close. — Lisa Kailai Han 5:44 a.m.: TD Cowen lifts Netflix price target ahead of second-quarter earnings announcement TD Cowen expects more gains ahead for Netflix . NFLX YTD mountain NFLX year to date — Lisa Kailai Han 5:44 a.m.: KeyBanc hikes Nvidia price target The good times for Nvidia are not over yet, according to KeyBanc.

Persons: TD Cowen, KeyBanc, Morgan Stanley, Bank of America Michael Ryskin, Ryskin, Rachel Vatnsdal, Tejas Savant, Morgan Stanley's Savant, William Blair, Stifel, Lisa Kailai Han, Wells, Donald Fandetti, Fandetti, — Lisa Kailai Han, Grayson, Daniel Lungo, Piper Sandler, Scott Siefers, BAC's NII, Siefers, JPMorgan Chase, Cowen, John Blackledge, Blackledge, John Vinh, Fred Imbert Organizations: CNBC, Netflix, Nvidia, Wall, Tempus, Nasdaq, JPMorgan, Bank of America, Precision Oncology, Needham, American Express, Devon Energy, of America, Citigroup, Blackwell, Wolfe Research, UBS Locations: Devon, Williston, Netflix's, Monday's, 2H24, GB200

☆ New AI tools are helping workers bluff their way through interviews
▼ + stars: | 2024-07-09 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +9 min

In today's big story, we're looking at how new AI tools are helping workers bluff their way through interviews . Some people have built homemade AI tools to help interviewees, releasing them online for free. A startup developing AI-powered tools for job seekers, Final Round AI offers an AI résumé builder, a cover letter writing service, and a mock interview tool. He's not the only one looking to AI to change the interview process. Others say banning AI chatbots in interviews is like prohibiting calculators during math tests — if workers can use the tech in their jobs, why not in the interview process, too?

Persons: —, I'm Jordan Parker Erb, Dan DeFrancesco, Alo, They're, Jenny Chang, Rodriguez, Rob Price, Michael Guan, He's, Rebecca Zisser, Rob, BI's Melia Russell, Melia, Guan, Jerome Powell, William McChesney Martin, Powell, Chip Somodevilla, Joe Biden's, Howard, Alan Howard's, Brevan Howard, Tyler Le, Francisco's, Leonid Shteyn, execs, Joe Arden, Joe Biden, Harvey Weinstein, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen, Lisa Ryan Organizations: Service, Business, Reserve Bank, Markets, Getty, Taiwan Semiconductor Manufacturing Company, Apple, of America, Paramount, NATO, Prosecutors Locations: Silicon Valley, Washington , DC, U.S, New York, London

☆ 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

☆ Alec Baldwin trial: Key people in the case
▼ + stars: | 2024-07-09 | by ( Lisa Respers France | ) edition.cnn.com time to read: +5 min

It was so unnecessary,” Baldwin said of Hutchins’ death in a 2022 interview with CNN. Morrissey took over the case in 2023, dropped the charges against Baldwin and then later refiled them, citing “additional facts” in the case. She presided over the high-interest trial of Hannah Gutierrez Reed, during which she kept to a succinct schedule. Hannah Gutierrez Reed“Rust” movie armorer Hannah Gutierrez Reed in March. “It felt like someone had taken a baseball bat to my shoulder, I remember that distinctly,” Souza testified in the Gutierrez Reed trial.

Persons: CNN —, Alec Baldwin, Baldwin, Halyna Hutchins, Hutchins, Halyna Hutchins Halyna Hutchins, Fred Hayes, Hollywood ”, Matthew, Alec Baldwin Alec Baldwin, Andrew Kelly, Reuters Baldwin, ” Baldwin, Luke Nikas Nikas, Quinn Emanuel Urquhart, Sullivan, Nikas, Kari Morrissey Kari Morrissey, Gabriela Campos, Morrissey, Judge Mary Marlowe Sommer, Mary Marlowe Sommer, Marlowe Sommer, Bill Richardson, Hannah Gutierrez Reed, Hannah Gutierrez Reed “ Rust, armorer Hannah Gutierrez Reed, “, ”, ” Joel Souza Joel Souza, Pool Souza, “ Rust, ” Souza, Gutierrez Reed, Souza, ‘, ” David, Dave Halls, “ Rust ” Organizations: CNN, BBC, UCLA, “, Hollywood, YouTube, Colt, ” Prosecutors, Sullivan LLP, Harvard Law School, Court, New, New Mexico Gov Locations: New Mexico, Ukraine, British, Europe, New York City, Los Angeles, New York, “

☆ Joe Bonsall, a 50-year member of The Oak Ridge Boys, dead at 76
▼ + stars: | 2024-07-09 | by ( Lisa Respers France | ) edition.cnn.com time to read: +3 min

CNN —Joe Bonsall, who left the legendary singing group The Oak Ridge Boys after 50 years in January due to a neuromuscular disorder, has died, his management team announced Tuesday. Bonsall died from complications of Amyotrophic Lateral Sclerosis (ALS), according to his representatives. Bonsall announced on social media about six months ago that he was leaving the group. “Many of you know I have been battling a slow onset (over 4 years now) of a neuromuscular disorder,” he wrote. During his long career, Bonsall became a member of the Grand Ole Opry and was inducted into the Philadelphia Music Hall of Fame, the Gospel Music Hall of Fame, the Vocal Group Hall of Fame, and the Country Music Hall of Fame.

Persons: Joe Bonsall, Bonsall, ”, “, ” Bonsall, ” “, Ben James, Duane Allen, William Lee Golden, Richard Sterban, Rick Diamond, “ Elvira ”, “ Joe, Jesus, Mary Ann, Jennifer, Sabrina, Breanne, Luke, Chance, Nancy Organizations: CNN, Boys, Grand Ole Opry, Philadelphia Music Hall of Fame, Gospel Music Hall of Fame, Vocal Group Hall of Fame, Country Music Hall of Fame, Philadelphia Phillies, ALS Association, Vanderbilt Medical Center, Neuroscience Research Locations: Tennessee

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