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☆ Boeing 737 Max: FAA says workers pressured to put speed over quality
▼ + stars: | 2024-09-25 | by ( Pete Muntean | ) edition.cnn.com time to read: +3 min

Washington CNN —Boeing factory workers felt pressured to prioritize production speed over quality and said they did not receive enough training to properly perform their jobs, according to the results of a special investigation by the Federal Aviation Administration (FAA) published Wednesday. In January, a door plug blew off a 737 Max operated by Alaska Airlines shortly after takeoff. One of the more egregious examples, according to the audit, was a Boeing mechanic who used an improvised measuring device to check gaps between components. But there is still much work to be done on fixing Boeing’s safety culture, he said. “I think the safety culture change is going to be a long-term project,” Whitaker said.

Persons: Max, Mike Whitaker, ”, Whitaker, “, ” Whitaker Organizations: Washington CNN — Boeing, Federal Aviation Administration, Alaska Airlines, Boeing, Senate, Investigations, FAA, CNN, House Locations: Renton, Washington

SHENZHEN, China — Chinese vendor Yin Xinwei sometimes makes close to $1,400 a day selling low-priced pill boxes, barbecue spits and other items to U.S. online consumers. Each year hundreds of millions of packages, mostly from Chinese platforms, are sent directly to American consumers eager to take advantage of rock-bottom prices on clothing, electronics and other products. That could mean painful times ahead for the Chinese sellers that supply the platforms — and higher prices for American consumers. Chinese state media has criticized the proposal as protectionist and say it will hurt American consumers. Yin used to sell to Chinese consumers but has given up his domestic business to focus entirely on the overseas market.

Persons: Yin, ”, ” Yin, David Townsend, Dorsey, Trump, Biden, ” Townsend, Temu, “, Jacky Lu, Shein, Eunice Yoon, Jennifer Jett Organizations: CNBC, Whitney, PDD Holdings, White, U.S . Customs, U.S Locations: SHENZHEN, China, Shenzhen, United States, U.S, Singapore, Boston, Hong Kong, Europe, “

☆ NFL Week 4 Power Rankings: Vikings, Seahawks among early-season surprises
▼ + stars: | 2024-09-24 | by ( Josh Kendall | ) www.nytimes.com time to read: +25 min

It’s only Week 4 in the NFL, and already the league has given us plenty of surprises. AdvertisementLast week: 2Monday: Beat Jacksonville Jaguars 47-10Surprise: That all of their offseason losses haven’t hurtIn fact, some of them might have helped. Seattle Seahawks (3-0)Last week: 10Sunday: Beat Miami Dolphins 24-3Surprise: This team leads the NFC West by two gamesIt’s not the 49ers. pic.twitter.com/5ZUE81lJQm — NFL (@NFL) September 20, 202416. For the season, NFL kickers have hit 76.5 percent of their field goals from beyond 50 yards.

Persons: Trevor Lawrence, we’ve, Josh Allen, Allen, Damar Hamlin, Travis, isn’t, Kelce, Patrick Mahomes, Amon, Ra St, Brown, Jahmyr Gibbs, Gibbs, J., m., abel, m. E Organizations: NFL, Seattle Seahawks, Beat Jacksonville Jaguars, Bills, Baltimore Ravens, Beat Atlanta Falcons, Chiefs, ”, Los Angeles Chargers, Beat Arizona Cardinals Locations: 7 y, 9 y, 1 y, 4 y, 2 y, 5 y

☆ Boeing sweetens offer to union as strike enters second week
▼ + stars: | 2024-09-23 | by ( Leslie Josephs | ) www.nbcnews.com time to read: +2 min

The new offer raised pay, reinstated annual bonuses and increased a bonus that would be given upon the contract’s ratification, among other changes, Boeing said on its website. It also doubled the ratification bonus to $6,000, reinstated an annual machinist bonus and raised the company’s 401(k) match. The labor union, the International Association of Machinists and Aerospace Workers, didn’t immediately comment on the offer. Both Boeing and the union said they were disappointed with negotiations last week. The strike came as workers voted 94.6% against the previous proposal that the union had endorsed.

Persons: didn’t, group’s, Kelly Ortberg, Ron Epstein Organizations: Boeing, International Association of Machinists, Aerospace Workers, Bank of America, CNBC Locations: Renton , Washington, Seattle

☆ Boeing sweetens labor proposal in 'best and final' offer as strike enters second week
▼ + stars: | 2024-09-23 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Boeing on Monday sweetened its contract offer and said it was its "best and final" proposal for its more than 30,000 machinists as their strike, which has halted most of the aerospace giant's aircraft production, entered its second week. Boeing's new offer would raise general wages by 30% over four years, up from a previously proposed 25%. It also doubled the ratification bonus to $6,000, reinstated an annual machinist bonus and raised the company's 401(k) match. The labor union, the International Association of Machinists and Aerospace Workers, didn't immediately comment on the offer. The strike came as workers voted 94.6% against the previous proposal that the union had endorsed.

Persons: didn't, group's, Kelly Ortberg, Ron Epstein Organizations: Boeing, International Association of Machinists, Aerospace Workers, Bank of America, CNBC Locations: Renton , Washington, Seattle

☆ How a U.S. crackdown on cheap Chinese imports could help Amazon but challenge Meta
▼ + stars: | 2024-09-23 | by ( Paulina Likos | ) www.cnbc.com time to read: +7 min

The White House wants to close a trade loophole exploited by Chinese discount e-retailers — a move that would have a ripple effect on at least two of our portfolio stocks: Amazon and Meta Platforms. The de minimis exemption has allowed Chinese e-commerce giants, particularly low-cost Temu and Shein, to flourish. Temu has risen in popularity in the U.S. for selling items directly from Chinese merchants at massive discounts. Temu is generally seen as a growing competitor to Amazon since its prices are often lower. Meta challenges On the other hand, the trade shift could present a challenge for Meta, which relies on advertising from e-commerce platforms.

Persons: Harris, hocking, Temu, it's, Jeff Marks, Shein, Meta, Jim Cramer's, Jim Cramer, Jim Organizations: Biden, Harris Administration, Amazon, Deutsche Bank, Deutsche Bank analysts, JPMorgan, Services, Meta, Management, CNBC, Getty Locations: U.S, China, Temu

☆ Economic conditions are 'nearly perfect' and the Fed has engineered a 'miraculous' achievement, Evercore founder says
▼ + stars: | 2024-09-23 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

In a Monday-morning appearance on CNBC, Evercore founder Roger Altman praised the Fed for delivering "nearly perfect" economic conditions, citing strength in equities, profits, and employment. Only inflation — which still hovers above the Fed's 2% target rate — is holding off an official soft landing declaration, he said. AdvertisementAlthough there are some concerns rate cuts will reignite inflation, Altman is expecting to see a slowdown this week when new consumption-expenditures data is released. Related stories"I think what essentially happened was that the Fed saw the path on inflation steadily downward as more certain than the path on labor markets, a little more uncertainty about labor markets," Altman said. "So it took a stronger step to fortify labor markets, and went for 50."

Persons: —, Roger Altman, Powell, Altman, Larry Summers Organizations: Service, CNBC, Business, Fed

Harris builds momentum over TrumpWith just over six weeks until Election Day, a new national NBC News poll finds Vice President Kamala Harris with a 5-point lead over former President Donald Trump among registered voters, 49% to 44%. Still, Trump holds important advantages on the economy and inflation, as voters rank cost of living as their top concern in the election. But other key voting blocs — including Latino voters, seniors and independents — haven’t changed as much. Mark Robinson “has an obligation to defend himself” following reports last week that Robinson made lewd posts on a pornographic website over a decade ago. Billionaire donations: The nation’s wealthy opened their wallets in August, pouring millions into super PACs backing Harris and Trump.

Persons: Harris, Kamala Harris, Donald Trump, Trump, Joe Biden’s, Jiachuan Wu, Harris ’ favorability, — haven’t, Mike Johnson, Johnson, Al Jazeera’s, Walid al, ”, Truman Fitzgerald, “, GOP Sen, Lindsey Graham, Mark Robinson “, Robinson, ” Graham, ” Sen, JD Vance, it’s “, Mark Robinson, John Fetterman of, Kristen Welker, Sharyl, ” Trump, doesn’t, Sean “ Diddy ” Combs, Paras Griffin, Combs, Serna Stefany Serna, Serna, 🏈 Organizations: Trump, NBC News, NBC, Biden, Sunday, IDF, West Bank, Al, Al Jazeera Network, Manhunt, ” Birmingham Police, ” Police, Press South, GOP, Press, Gov, CNN, “, Local, Serna, ” Management Locations: Israel, Lebanon’s, Gaza, Beirut, Al, Ramallah, Al Jazeera, Alabama, Birmingham , Alabama, North Carolina, NAZI, Springfield , Ohio, Charleroi , Pennsylvania, Atlanta, Coral Gables , Florida, Miami

Israel and the Hezbollah militant group exchanged heavy fire across Lebanon's border on Sunday, fueling fears of a wider conflict in the region as the monthslong war in Gaza continues to rage. “Dozens of rockets hit Israel which destroyed homes, cars and communities.” Israel Defense Forces spokesman Lt. Col. Nadav Shoshani said on X. In a separate statement, the IDF said roughly 150 rockets, cruise missiles, and drones were launched at Israel. “This is a blatant attack on the Al Jazeera channel and Al Jazeera Network and those who are working with them, as well as on the freedom of speech and the task of delivering the truth,” al-Omari told Reuters. Last week, Israel’s government announced it was revoking the press credentials of Al Jazeera journalists in the country, four months after banning the channel from operating inside Israel.

Persons: Nadav Shoshani, Israel‘s Magen David Adom, United Hatzalah, Benjamin Netanyahu, “, JACK GUEZ, Al Jazeera’s, Walid al, ”, Omari, Shlomo Karhi, Al, Israel’s Organizations: Israel Defense Forces, United, IDF, Sunday, Getty, Israel, ., West Bank, Al, Al Jazeera Network, Reuters Locations: Israel, Lebanon's, Gaza, Lebanon, Beirut, Iraq, Iran, State, Haifa, AFP, Al, Ramallah, Al Jazeera, ” Israel

☆ Student-loan companies that don't do their jobs should be fired, Elizabeth Warren says. Her next target is one that manages 8 million borrowers.
▼ + stars: | 2024-09-22 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

For nearly a decade, Massachusetts Sen. Elizabeth Warren has been working to enforce oversight over Navient, a major student-loan company. Warren and some of her Democratic colleagues were concerned that the company was not properly managing student-loan borrowers' payment options, causing them to accumulate unaffordable student debt. However, it released an accountability framework in December that outlined enforcement actions it would take should servicers harm borrowers, including fining servicers and transferring borrowers to better-performing servicers. For example, MOHELA was the first servicer to be hit with a $7 million fine last October for failing to send on-time billing statements to over 2 million borrowers. Terminate MOHELA's contract and put loan services on notice: we will not tolerate your negligence and exploitation; we will not let you profiteer off vulnerable student borrowers."

Persons: Massachusetts Sen, Elizabeth Warren, Rohit Chopra, Warren, We've, Navient, Chopra, there's, Jim Clyburn, Miguel Cardona, MOHELA, fining, servicers, Ayanna Pressley, we've, who've Organizations: Service, Warren, Democratic, Consumer Financial Protection, Navient, Business, Education Department, BI, Sec, The Education Department Locations: Massachusetts, CFPB

☆ Top Wall Street analysts find these stocks promising for the long haul
▼ + stars: | 2024-09-22 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Investors seeking stocks that can withstand short-term pressures and deliver over the long term should track the recommendations of top Wall Street analysts. Bearing that in mind, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Recently, Baird analyst Colin Sebastian reiterated a buy rating on Take-Two Interactive stock with a price target of $172. He anticipates the mobile business will contribute around $3.1 billion, and catalog/live services will generate $2.5 billion in the full year. Benedict noted that the August comparable sales growth was sequentially steady compared to the 7.2% increase in July, as stronger traffic was offset by some moderation in average traffic growth.

Persons: Baird, Colin Sebastian, Max Payne, Sebastian, TipRanks, Peter Benedict, bullish, Costco's, Benedict, Doug Anmuth, Anmuth Organizations: Netflix, Wall Street, Costco Wholesale, Costco, JPMorgan Locations: Flora, TipRanks

☆ Fact check: Trump tells two false stories about Oprah Winfrey, including one he’s been repeating for 11 years
▼ + stars: | 2024-09-22 | by ( Daniel Dale | ) edition.cnn.com time to read: +3 min

Washington CNN —Former President Donald Trump told two fictional stories about Oprah Winfrey on Saturday – one of them new, another he has been telling for at least 11 years. In a social media post late Saturday night, Trump wrote, “A long time ago, Oprah Winfrey asked me to do her last Network Television Show. He did not appear on the last episode of “The Oprah Winfrey Show” in 2011, nor even in the star-studded final week of the show. At a campaign rally in North Carolina earlier on Saturday, Trump said: “And didn’t Oprah ask her about her time at McDonald’s? Rather, Winfrey passingly mentioned the McDonald’s job during her introduction of Harris – before the vice president walked onstage for their conversation.

Persons: Donald Trump, Oprah Winfrey, Trump’s, Winfrey, Kamala Harris, Trump, “, ”, Harris, Oprah, Winfrey’s, –, Michael Jordan, Will Smith, Aretha Franklin, Stevie Wonder, Tom Cruise, Tom Hanks, Beyoncé, ‘, Oprah didn’t, Kamala, Winfrey passingly, Harris –, ’, ” Harris Organizations: Washington CNN, Republican, Democratic National Convention, Harris, Democratic, CNN Locations: Michigan, McDonald’s, California, North Carolina, –

☆ Read the pitch deck that personal-shopping startup The Floorr used to raise $1.7 million in funding
▼ + stars: | 2024-09-21 | by ( Madeline Berg | ) www.businessinsider.com time to read: +4 min

Many have personal shoppers, people whose job it is to pull the best purses to take to brunch or jackets to wear on vacation in the Hamptons. "You think about how much power they have" — top personal shoppers can sell up to $5 million a year — "but they have no tools," she said. Not only does this segmentation create a mess for clients, it meant that personal shoppers could lose out on commissions. Along the way, the app collects data — helping personal shoppers and retailers know which products are performing better and the trends that are emerging. The Floorr shared the 12-page pitch deck it used to raise its $1.65 million round.

Persons: —, Lupe Puerta, Porter, Puerta, Bergdorf Goodman, Shopbop, Chloé, Carmen Busquets, Nigora Tokhtabayeva, they've Organizations: Service, Business, Bain, Hamptons, Prada

☆ Kaspar Hauser: New DNA analysis upends ‘lost prince’ theory
▼ + stars: | 2024-09-21 | by ( Mindy Weisberger | ) edition.cnn.com time to read: +8 min

But these results were soon contradicted by tests a few years later that sampled Hauser’s hair. However, some researchers who supported the “lost prince” hypothesis claimed that the blood may not have belonged to Hauser, Parson told CNN. Those results showed that Hauser’s mtDNA was a close match to that of the Badens, contradicting the findings from Munich. A royal hoax debunkedParson’s lab conducted new analysis of Hauser’s hair, using strands collected before and after his death. The new findings about Hauser not only debunk the prince theory; they also demonstrate the importance of pushing the limits of technologies for DNA analysis, Parson said.

Persons: CNN — “, Kaspar Hauser, Hauser, Kaspar Hauser —, Daniel Karmann, —, ”, Dmitry Temiakov, Temiakov, Walther Parson, Parson, ” Parson, ” Temiakov, Duke Carl, Grand, Stéphanie de Beauharnais, Countess Louise Caroline von Hochberg, Carl, Stéphanie, Countess Hochberg’s, Mindy Weisberger Organizations: CNN, Markgrafen, AP, Thomas Jefferson University, National DNA Database, Austrian Federal Ministry of, Scientific Locations: Nuremberg, Germany, Baden, what’s, Ansbach, Philadelphia, Innsbruck, Austria, Munich, Münster, “, Potsdam

☆ ‘The Boyfriend,’ Japan’s first same-sex reality show, hopes to normalize LGBTQ romance in the country
▼ + stars: | 2024-09-20 | by ( ) www.nbcnews.com time to read: +6 min

The untroubled July arrival of the country’s first same-sex dating reality show, “The Boyfriend,” on streamer Netflix, may be another sign that normalization of queerness in Japan is on the way. “It’s no different from the familiar reality shows we’ve seen before. The only thing that felt odd or questionable was that, while there have been plenty of heterosexual reality shows, there have been so few featuring same-sex couples, and none in Japan,” casting director Taiki told Variety. The commentators included central host Megumi, an entertainer; drag queen Durian Lollobrigida; Tokui Yoshimi, a veteran of previous reality shows including “Terrace House”; Horan Chiaki; and style diva Thelma Aoyama. “As this was Japan’s first romance reality show featuring male same-sex relationships, it was crucial to have someone from that community in the studio,” Lollobrigida told Variety.

Persons: “, we’ve, ”, Taiki, Dai, Shun, Taehon, inoffensively, Roche, Kimura Hana, Hishida Keisuke, Ota Dai, Durian Lollobrigida, Tokui, Horan Chiaki, Thelma Aoyama, ” Lollobrigida, …, Kitano Takeshi, they’re, ’ Organizations: Netflix, New York Times, Fuji Television, Kyodo Television, Netflix Japan, “, Tokyo Locations: Japan, East Asia, Shinjuku Ni, “ Terrace

BEIJING — Many of Apple’s affluent iPhone users in China are just as interested in Huawei’s pricier trifold phone, CNBC found during spot checks at stores Friday, the day the iPhone 16 and Mate XT launched in the country. The iPhone 16 Pro Max starts at $1,199, and the iPhone 16 at $799. Huawei’s trifold Mate XT starts at the equivalent of more than $2,800. The Apple iPhone 16 Pro Max was selling for 10,500 yuan to 16,300 yuan, the site showed. He said he bought the iPhone 16 because he heard its battery lasted longer, but was willing to wait for the iPhone 17 for any artificial intelligence features.

Persons: pricier, Max, Huawei’s, Yang, Wang, hadn’t Organizations: CNBC, XT, Huawei, Apple, People, Mate Locations: BEIJING, China, . U.S, Beijing, Hefei, Shanghai

Washington CNN —President Joe Biden wrapped a meeting with his Cabinet on Friday, his first high-profile convening of his advisers in a year as he tries to set his post-presidential legacy. Ahead of the meeting, a White House official said Biden would instruct Cabinet members to “sprint to the finish,” as he looks to burnish legacy items while ensuring as much of his agenda is implemented before a potential second Trump presidency. And, he will tell his Cabinet to bring to him directly any hurdles or obstacles they are facing to get things done,” the official said ahead of the meeting. Administration officials have serious doubts a deal can be struck before Biden leaves office, and tensions in the region are only escalating. “The president will direct his Cabinet to get to work and make the next four months as productive as any other period in our administration,” the official said.

Persons: Joe Biden, Biden, Trump, “, hadn’t, Donald Trump, Harris, ”, ” Biden, “ They’ve, “ We’re, Jill Biden, she’s Organizations: Washington CNN, White, Biden, Administration, Congress Locations: America, Lebanon, Israel

☆ Apple's showdown with its Chinese rival Huawei is here as both companies launch new smartphones on the same day
▼ + stars: | 2024-09-20 | by ( Katie Balevic | ) www.businessinsider.com time to read: +7 min

Hours after Apple unveiled its iPhone 16 models earlier this month, Huawei announced the Mate XT would drop on the same day. Huawei's Mate XT trifold smartphone secured millions of preorders. John Ricky/Anadolu via GettyThe disparity could be partly due to how Huawei distributed the first batch of Mate XT sales. Apple's iPhone 16 line starts at $800. The iPhone 16 offers a new "camera control" button and brings the "action" button previously found only on the iPhone 15 Pro models to the entry-level iPhone 16 as well.

Persons: —, preorders, John Ricky, Vivo Organizations: Service, Apple, Huawei, Business, Anadolu, Getty, CNBC, Reuters, Apple Intelligence, Publishing, Samsung, Bloomberg, Research, Wall, Counterpoint Research, Wedbush Securities Locations: China, Beijing, Hefei, Shenzhen, Guangzhou

☆ McDonald’s touchscreen kiosks were feared as job killers. Instead, something surprising happened
▼ + stars: | 2024-09-20 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +6 min

New York CNN —Self-service kiosks at McDonald’s and other fast-food chains have loomed as job killers since they were first rolled out 25 years ago. The kiosks show the unintended consequences of technology in fast-food and retail settings, including self-checkout. Chains are now experimenting with artificial intelligence at drive-thru lanes, and the experience with kiosks holds lessons for them. It raised a familiar refrain that those workers would be replaced by technology, such as self-service kiosks. Fast-food chains and retailers need to do a better job communicating what the potential benefits of kiosks and self-checkout are to consumers and employees, Andrews said.

Persons: New York CNN —, McDonald’s, Robert Lynch, you’ve, Eva Marie Uzcategui, ”, RJ Hottovy, ” Hottovy, — don’t, “, Ed Rensi, Christopher Andrews, Andrews Organizations: New, New York CNN, Subway, Starbucks, Shack, Bloomberg, Getty, Temple University, Labor Department, Drew University Locations: New York, McDonald’s, United States, California

☆ Ikea's fleet of 250 autonomous drones takes stock of warehouse inventory without any human intervention
▼ + stars: | 2024-09-20 | by ( John Kell | ) www.businessinsider.com time to read: +9 min

Three years ago, a drone took flight at an Ikea warehouse in Switzerland for the first time. They're more self-sufficient, too: For every 10 minutes that a Verity drone is in flight, it charges for 20 minutes. Ikea's investments in Verity's drone technology fit into its broader strategy to explore and test newer supply-chain technologies. Jönsson added that deploying drones has allowed employees to have more time for analyzing inventory data. Before using warehouse drones, workers would check thousands of pallets repeatedly in order to manage inventory.

Persons: Verity, —, Raffaello D'Andrea, — there's, Uber, Jeff Bezos, Bezos, Domino's, there's, DroneUp, D'Andrea, Verity hasn't, it's, Moller, Erik Jönsson, they're, haven't, Jönsson Organizations: Ikea, Chain Management, Service, Amazon, Walmart, Companies, McKinsey & Company, McKinsey, Ikea's, Ingka, Maersk, Samsung Group, Ingka Investments, Nvidia, Federal Aviation Administration, Investors, Kiva Systems, Amazon Robotics, Qualcomm Ventures, A.P, Moller Holding, Exor Ventures Locations: Switzerland, Swiss, Dutch, —, Zealand, Arizona , Florida, Utah, Dallas

☆ See the first video showing the US Air Force's B-21 Raider in flight
▼ + stars: | 2024-09-19 | by ( Chris Panella | ) www.businessinsider.com time to read: +1 min

The US Air Force released a video showing the B-21 Raider stealth bomber taking off and landing. The force's newest bomber took its first flight last fall and is in production. AdvertisementThe US Air Force released the first footage of its new stealth bomber taking off and landing during flight testing. The testing marks a monumental moment for the B-21 Raider, which is shaping up to replace the branch's older bombers and become "the backbone" of its "flexible global strike capability," the Air Force said. The video was released Wednesday alongside the B-21 Update panel at the 2024 Air, Space and Cyber Conference by the Air and Space Forces Association.

Persons: — Organizations: US Air Force, Raider, Pentagon, Service, Air Force, Conference, Air and Space Forces Association, Business

☆ From Oprah livestream to house parties, Black women marshal unprecedented outreach for Kamala Harris
▼ + stars: | 2024-09-19 | by ( Fredreka Schouten | Rene Marsh | ) edition.cnn.com time to read: +11 min

“There is a real clear understanding that this election is a monumental election,” Win With Black Women founder Jotaka Eaddy told CNN. Juliana Yamada/APGroups led by Black women also are launching new political ventures to aid Harris. And she was among the Black women who publicly urged Biden to remain in the race, following his poor June 27 debate performance. Black female organizers in the state also are extending their reach far beyond other Black women. “At the end of the day, what you’re not going to do is blame Black women for not doing their job,” she said.

Persons: DeJuana Thompson, Kamala Harris, “, ”, Thompson, Harris, Oprah Winfrey, Joe Biden, Jotaka Eaddy, Juliana Yamada, Black, Jack, Jill of America, Daria Dawson, “ There’s, ” Hillary Holley, Stacey Abrams, Georgia’s, Holley, –, ” Holley, We’ve, Andrew Harnik, Biden, Obama, Melanie Campbell, Campbell, ” Campbell, Steve Phillips, Harris ’, Win, Kamala, Winfrey, Anna Moneymaker, Donald Trump, Doug Jones, Barack Obama, Janice Robinson, Robinson, Nervahna, Hillary Clinton, Mary Starkey, Clinton, you’re, we’re Organizations: CNN, Democratic, America, YouTube, Win, Women, ”, Black Women, Alpha Kappa Alpha, AP, Howard University, sorority, Delta Sigma Theta, National Council of Negro Women, National Domestic Workers Alliance, Democratic National Convention, Biden, White, Black College and Universities, Red Wine, North Locations: Chicago, Birmingham , Alabama, Pleasanton , California, American, Georgia, Atlanta, Arizona , Georgia, Nevada, North Carolina, Charlotte , North Carolina, Carolina, Alabama, Black, Charlotte, Delaware

☆ Jay Powell was politically pressured into delivering a 'crisis level' rate cut: Kenny Polcari
▼ + stars: | 2024-09-19 | 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 EmailJay Powell was politically pressured into delivering a 'crisis level' rate cut: Kenny PolcariKenny Polcari from SlateStone explains why he thinks the 50 basis point rate cut by the Fed is seen as political "pandering" six weeks before the U.S. presidential election.

Persons: Jay Powell, Kenny Polcari Kenny Polcari, SlateStone Organizations: U.S

☆ I take quiet vacations from my $300,000 Wall Street job because the work isn't fulfilling. Here's how I get away with it.
▼ + stars: | 2024-09-18 | by ( Robin Madell | ) www.businessinsider.com time to read: +7 min

Read previewThis as-told-to essay is based on a conversation with a 42-year-old vice president at a Wall Street bank in New York City. I work in tech for a Wall Street bank, and I quiet vacation. I do the bare minimum work for my Wall Street job because the pay and bonuses aren't as good as they used to beI wanted to work on Wall Street because of the money. Even on Wall Street, it seems like once people fall into a way of thinking, they stick with it their entire lives. On Wall Street, it's more important not to make any mistakes than to see how many hours someone can sit in an office.

Persons: —, I've, he'd, I'm, Lauryn Haas Organizations: Service, Business, Microsoft, lhaas Locations: New York City, Virginia, Atlantic City, Ocean City

☆ New details of Trump family crypto project released, including who can buy in
▼ + stars: | 2024-09-17 | by ( Mackenzie Sigalos | Christina Wilkie | Mackenzie Sigalos Is A Technology Reporter For Cnbc With A Focus On Cryptocurrency | ) www.nbcnews.com time to read: +6 min

For over a month, the former president and his family have been pumping up a project called World Liberty Financial, promising that it will do many things at once. He’s also part of the small group of World Liberty Financial founders, according to an internal report on the project obtained by CoinDesk. Witkoff was seated to Trump’s right during Monday night’s spaces, and described how he brought the Trump family together two crypto entrepreneurs. Alongside Trump and Witkoff, founders include Donald Trump Jr., Eric Trump and Barron Trump, as well as Witkoff’s son, Zach Witkoff, according to a person briefed by a member of the group’s founding team. CNBC reached out to Eric Trump and Witkoff to ask about their leadership roles within World Liberty, and didn’t immediately receive a reply.

Persons: Donald Trump’s “, Zak Folkman, Folkman, Trump, Gary Gensler, Steve Witkoff, Witkoff, Trump’s, He’s, “, Chase Herro, I’ve, ”, ‘, Eric, Don Jr, Let’s, We’ve, Donald Trump Jr, Eric Trump, Barron Trump, Zach Witkoff, CoinDesk, Barron, ” Eric, Donald Jr, didn’t, Donald Trump Organizations: Republican, Trump, Liberty Financial, Securities, Exchange, Securities and Exchange Commission, SEC, Trump International Golf Club, FBI, World Liberty Financial, CoinDesk, Witkoff, Trump Media Technology Group, NBC, ”, Bloomberg, Trump Organization, Liberty, CNBC, GOP Locations: West Palm Beach , Florida, Nashville

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