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☆ Why the Fed almost certainly isn’t going to do an emergency rate cut
▼ + stars: | 2024-08-05 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +5 min

Investors are increasingly hopeful that will push Federal Reserve officials to come to their rescue with an emergency rate cut. But if something comes up in between those meetings that changes their views on the ideal level for rates, officials can gather for an unscheduled “emergency” meeting. By doing two large emergency cuts in succession, Fed officials didn’t have to weigh whether their actions would unnecessarily cause Americans to panic. Before those cuts, the last time the Fed was promoted to do an emergency rate cut was in the thick of the Great Recession shortly after Lehman Brothers collapsed in the fall of 2008. But he said he was “reluctantly” comfortable with an emergency cut since other central banks were doing it.

Persons: Austan Goolsbee, there’s, Lehman Brothers, ” Charles Plosser, “, ”, That’s, Janet Yellen, ” Yellen, Plosser Organizations: New, New York CNN, Federal, Chicago Fed, New York Times, Philadelphia Fed, Bank of Canada, European Central Bank, Bank of England, San, Committee, Fed, Treasury Locations: New York

☆ China's city dwellers will soon have more pets than toddlers, and there's one way investors can cash in on the trend, Goldman Sachs says
▼ + stars: | 2024-08-05 | by ( Kwan Wei Kevin Tan | Aditi Bharade | ) www.businessinsider.com time to read: +6 min

Read previewChina's baby bust could see its urban pet population outnumbering the number of toddlers by 2030, investment bank Goldman Sachs wrote in a July 28 report. According to Goldman Sachs' forecasts, China will have more than 70 million urban pets by 2030. AdvertisementThe rise in pet ownership, the bank said, could help push China's pet food market to $12 billion by 2030. People having more pets than babies shouldn't be surprising considering how China is presently grappling with a demographic crisis. China's population shrank again in 2023, with the number of deaths exceeding the number of births by 2.08 million people.

Persons: —, Goldman Sachs, Lin Zhang, Zhang, Zheng Mu, Zheng, Cash, haven't, Bihan Chen, Emily Huang, Huang, Ann, Hunter van Kirk Organizations: Service, Business, country's National Bureau of Statistics, University of New, Zhang, National University of Singapore, National Association of Realtors, NAR, Bloomberg Intelligence Locations: China, country's, University of New Hampshire, Europe, East Asia

☆ A millennial dentist with $231,000 in student debt is worried he'll have to sell his home or get a second job if Biden's new repayment plan is axed
▼ + stars: | 2024-08-04 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Related storiesShould the plan ultimately be blocked, David said he might have to sell his home or get a second job to afford higher student-loan payments again. But he's highly concerned about his fate with the SAVE plan up in the air. They cited an estimate from the Wharton School of the University of Pennsylvania that found the SAVE plan could cost $475 billion over 10 years. Are you enrolled in the SAVE plan and concerned about student-loan payments? Will student loans influence how you vote in the election?

Persons: David, David —, —, Joe Biden's, we've, you'll, he's Organizations: Service, Business, BI, Circuit, GOP, Education Department, Wharton School, University of Pennsylvania, SAVE Locations: recalculate

☆ Timeline: When every Olympic sport made its debut
▼ + stars: | 2024-08-04 | by ( Annette Choi | ) edition.cnn.com time to read: +3 min

Only five sports — aquatics, athletics, cycling, fencing and gymnastics — have appeared in each of the 30 iterations of the Olympic Games. Host countries, as a result, now have more leverage than ever in adding to the Olympic program. The LA 2028 OCOG proposed five new sports for the Olympic program that were approved by the IOC in late 2023. The next edition of the summer Games will feature flag football and squash for the first time in Olympic history. It will also bring back baseball/softball, cricket and lacrosse — which was dropped from the Olympic program following a brief two-year stint in the early 1900s.

Persons: Long, “, ”, Taylor McKee, we’ll, ’ ”, Tokyo OCOG, —, “ It’s, McKee, OCOG Organizations: CNN, Olympic Games, Paris, Olympic Studies, Olympic, Sports, Games, Olympics, International, Brock University, IOC Locations: Athens, Paris, Tokyo, Ontario, Canada, Los Angeles

☆ Opinion | If ‘The Lord of the Rings’ Is a Cautionary Tale, It Was Lost on JD Vance
▼ + stars: | 2024-08-03 | by ( Jamelle Bouie | ) www.nytimes.com time to read: +1 min

It is just my luck that the week I was on vacation also happened to be one of the most consequential weeks in recent American political history. I have a lot of thoughts about all this, but for now I want to talk about one of the minor characters in this saga — JD Vance, the Republican nominee for vice president. A few days after he received the nomination, Politico published a story on his deep affinity for “The Lord of the Rings,” the series of fantasy novels by J.R.R. Tolkien that were adapted, about 20 years ago, into blockbuster fantasy epics. Vance has, according to Politico, “pointed to Tolkien’s high fantasy epics as a window into understanding his worldview.”

Persons: Donald Trump’s, Biden’s, Kamala Harris, JD Vance, Vance, Trump, J.R.R, Tolkien, “ Organizations: Republican National Convention, Republican, Politico

☆ 3 Americans returned in Russia prisoner swap may face challenges
▼ + stars: | 2024-08-03 | by ( Ashley R. Williams | ) edition.cnn.com time to read: +9 min

Brittney Griner, left, and Trevor Reed, were released from detention in Russia in 2022 and returned to the United States in separate prisoner exchanges. Getty ImagesAfter the dust settlesWhelan, Gershkovich and Kurmasheva headed to Brooke Army Medical Center for medical evaluations and additional care for as long as necessary, a US official told CNN. The non-profit supports detainees and hostages while they’re still held in captivity and after their release back to the US, Cathcart told CNN. Matthew Heath was released from being detained in Venezuela in a prisoner swap in October of 2022. Matthew HeathReturnees might return to a different family dynamic than what they were used to, according to Cathcart.

Persons: Evan Gershkovich, Paul Whelan, Alsu Kurmasheva, Joe Biden, Kamala Harris, Whelan, Gershkovich, Kurmasheva, Brittney Griner, Viktor Bout, Roger Carstens, “, ”, Matthew Heath, he’s, ” Heath, Trevor Reed, Griner, Liz Cathcart, they’re, Cathcart, ” Cathcart, ” Readjusting, Jorge Toledo, CNN reintegrating, ” Toledo, CNN’s Pamela Brown, who’s, they’ve, It’s, ” Arianna Galligher, ” Griner, you’re, Heath, CNN’s Simone McCarthy, Anna Chernova, Nathan Hodge, Jennifer Hansler, Rosa Flores, Colin McCullough, Nouran Salahieh Organizations: CNN, Base Andrews, Wall Street, US State Department, Radio Free, Radio Liberty, Russian, Associated Press, Brooke Army Medical Center, Hostage, Citgo Corporation, The Ohio State University Wexner, Resilience, New York Times Magazine, Phoenix Mercury, ” Locations: Maryland, Russia, Russian American, Moscow, Prague, Radio Free Europe, San Antonio , Texas, Knoxville , Tennessee, Venezuela, United States, Heath, “, Cathcart

☆ U.S. women's rugby team's recent $4M gift is momentous for the sport: 'We've always wanted to be included'
▼ + stars: | 2024-08-03 | by ( Renée Onque | ) www.cnbc.com time to read: +1 min

Earlier this week, the U.S. women's rugby sevens team earned their first Olympic medal in history, and it marks a positive turn for the women's sport that's been overlooked for decades. I mean, there's no other way to put it," says Phaidra Knight, a former U.S. women's rugby sevens team player and World Rugby Hall of Fame inductee. "It will have incredible and substantial implications for the future of not only women's rugby, but rugby in America." When Knight became a player on the U.S. National Rugby union team, which is different from the sevens team, in 1999, the program didn't receive funding, she says. Many professional rugby players join the U.S. National union teams prior to joining a sevens team; four national teams are under USA Rugby.

Persons: Phaidra Knight, Sunny Choi, ’, Michele Kang, Knight Organizations: rugby, World Rugby Hall of Fame, U.S . National Rugby union, U.S . National, USA Rugby, U.S Locations: U.S, America, Paris

☆ Meta, Amazon, and Alphabet are spending big in a battle to dominate AI. It might not end well.
▼ + stars: | 2024-08-02 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +5 min

Read previewAI is burning a big hole in the pockets of Big Tech. Leaders at Meta and Alphabet have conceded that they might be funneling too much money into AI out of fear of falling behind in the arms race. AdvertisementGartner's research shows that generative AI requires executives to have a higher tolerance for indirect gains on their investments in the future over immediate returns. AdvertisementBut Big Tech executives believe that generative AI will bring about some of the biggest technological changes the world has seen in the past century — so it's worth the risk. Amazon CEO Andy Jassy said in a letter to shareholders earlier this year that generative AI "may be the largest technology transformation since the cloud" and maybe even "since the internet."

Persons: —, Mark Zuckerberg, Zuckerberg, Sundar Pichai, Rita Sallam, Elliott, Andy Jassy, Brian Olsavsky, Dan Ives Organizations: Service, Big Tech, Meta, Business, Nasdaq, Gartner, Analytics, Eliott Management, Financial Times, Big, Wedbush Securities

☆ Child-focused parenting is exhausting. Some parents are finally ditching it.
▼ + stars: | 2024-08-02 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +9 min

This is known as child-focused parenting, a style devised in the 90s that has become the norm in the last decade. Gaskins isn't the only psychology professional against child-focused parenting. Ironically, child-focused parenting teaches kids that it's normal to forego your identity and boundaries. AdvertisementInstead of being prepared for adult life, "the child's world is completely separated from the adult world," Doucleff said. Woo, who teaches at UC Irvine, said she's witnessed the lasting effects of child-focused parenting.

Persons: —, Michaeleen Doucleff, Doucleff, Suzanne Gaskins, Gaskins, Brené Brown, Tim Ferriss, Gen Xers, Sharon Hays, Caitlyn Collins, Louis, Collins, bento, Dr, Jenny Woo, Woo, she's, It's Organizations: Service, Business, Northeastern Illinois University, Washington University, Disney, UC Irvine, Pew Locations: San Francisco, American, St, playdate, America

☆ Eli Lilly's weight loss drug Zepbound cuts heart failure risks in late-stage study
▼ + stars: | 2024-08-01 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

An Eli Lilly & Co. Zepbound injection pen arranged in the Brooklyn borough of New York, US, on Thursday, March 28, 2024. Eli Lilly 's weight loss drug Zepbound showed benefits in patients with a common type of heart failure and obesity, according to late-stage trial data the company released Thursday. Eli Lilly said it plans to submit the results from the phase three trial to regulators in the U.S. and other agencies starting later this year. Zepbound also significantly improved heart failure symptoms and physical limitations, Eli Lilly said in a release. Eli Lilly will present the data at an upcoming medical meeting and submit it to a peer-reviewed journal.

Persons: Eli Lilly, Zepbound Organizations: Centers for Disease Control, Novo Nordisk, Drug Administration Locations: Brooklyn, New York, U.S

☆ Our neighborhood is our village. We often have meals together and take turns looking after everyone's kids.
▼ + stars: | 2024-08-01 | by ( Jenna Jonaitis | ) www.businessinsider.com time to read: +6 min

Who's in for a block family dinner?" AdvertisementMost people say it takes a village to raise a family, but every village can look different. Each couple would take turns hosting all the kids for a few hours on Saturday morning. But it's especially fun to watch kids on the block cycle through old favorites. AdvertisementOur neighborhood isn't perfect, and sometimes the workload may be uneven, but our neighborhood village supports us and is there for us.

Persons: —, Sam, there's, chitchat, Carolyn, Jess Organizations: Service, Business

☆ Snap shares plunge more than 20% on weak guidance
▼ + stars: | 2024-08-01 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +3 min

Evan Spiegel, co-founder and CEO of Snap Inc., during the Bloomberg Technology Summit in San Francisco on May 9, 2024. Snap shares fell more than 20% in extended trading on Thursday after the company reported guidance for the third quarter that trailed analysts' estimates. The company expects adjusted earnings of $70 million to $100 million, trailing the $110 million average analyst estimate, according to StreetAccount. Pinterest shares tumbled this week after the company reported its latest earnings and provided third-quarter guidance that trailed analysts' estimates. YouTube advertising sales came in at $8.66 billion in the quarter, lower than analysts' expectations of $8.93 billion.

Persons: Evan Spiegel, Meta, Julia Brau Donnelly Organizations: Snap Inc, Bloomberg Technology Summit, LSEG Revenue, LSEG Global, Global, Google, YouTube Locations: San Francisco

☆ Amazon has discussed a 'DoctorAI' tool to automate routine healthcare tasks
▼ + stars: | 2024-07-31 | by ( Eugene Kim | ) www.businessinsider.com time to read: +5 min

Read previewAmazon's One Medical team has discussed building a new large language model called "DoctorAI" to automate routine healthcare tasks, according to an internal planning document obtained by Business Insider. In one section, the One Medical team discusses their most disruptive ideas, and this is where the new AI tool was proposed. Big foundation models are often used as a starting point to develop more focused, specialized AI models and tools. "We do not use our customers' protected health information to train our current health AI models, and to imply we do would be incorrect." It also hoped to handle 87,000 customer service contacts in 2024 through "additional self-service content and the AI healthcare assistant service," the document stated.

Persons: —, Andy Jassy, Rohit Prasad, Sunita Mishra Organizations: Service, Business, Amazon Pharmacy, Olympus, Microsoft, Google, Amazon, Amazon Web Services

☆ Millions of student-loan borrowers should be on the lookout for an email update on Biden's broader debt cancellation plan. They might need to take action.
▼ + stars: | 2024-07-31 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

On Wednesday, the Education Department announced it was taking another step toward implementing its plan to cancel student debt using the Higher Education Act of 1965. A copy of the email reviewed by Business Insider told borrowers that "if you WANT to be included in potential student debt relief, you don't need to take any action." "Today, my Administration took another major step to cancel student debt for approximately 30 million Americans," Biden said in a statement. "Despite attempts led by Republican elected officials to block our efforts, we won't stop fighting to provide relief to student loan borrowers, fix the broken student loan system, and help borrowers get out from under the burden of student debt." The Education Department released its draft rules for debt relief in April.

Persons: —, Joe Biden's, Biden, Harris, Miguel Cardona Organizations: Service, Education Department, Higher, Business, finalization, Republican, Biden, Harris Administration

☆ The Federal Reserve sets the stage for a rate cut — here's what that means for your money
▼ + stars: | 2024-07-31 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

In the wake of the rate hike cycle, the average credit card rate rose from 16.34% in March 2022 to more than 20% today — nearing an all-time high. A recent report from the Philadelphia Federal Reserve showed credit card delinquencies at an all-time high, according to data going back to 2012. The best move for those with credit card debt is to take matters into their own hands, advised Matt Schulz, chief credit analyst at LendingTree. Home loan rates have already started to fall, largely due to the prospect of a Fed-induced economic slowdown. Student loansFederal student loan rates are also fixed, so most borrowers aren't immediately affected by the Fed's moves.

Persons: Greg McBride, McBride, Matt Schulz, Jacob Channel Organizations: Philadelphia Federal, Treasury, Auto, Consumers

☆ Japan Raises Interest Rates for Second Time Since 2007
▼ + stars: | 2024-07-31 | by ( River Akira Davis | ) www.nytimes.com time to read: +1 min

For only the second time in nearly two decades, Japan’s central bank on Wednesday raised interest rates, a move that could help bolster the country’s ailing currency and ease the burden of consumers paying more for imported essentials like food and energy. The Japanese central bank increased its target policy rate to 0.25 percent, up from a range of zero to 0.1 percent. The rate was last bumped up in March, when the bank raised interest rates for the first time since 2007. The large gap between interest rates in Japan and the United States has caused the yen to fall in value against the dollar over the past two years, but it regained some strength recently as traders anticipated an imminent rate increase from the Bank of Japan. The Bank of Japan’s decision was being closely watched by investors and economists inside and outside of Japan.

Organizations: Bank of Japan, The Locations: Japan, United States

☆ Drop bears: The true history of a fake Australian animal
▼ + stars: | 2024-07-30 | by ( Ben Westcott | ) edition.cnn.com time to read: +10 min

“Once prey is within view, the Drop Bear will drop as much as eight meters to pounce on top of the unsuspecting victim. When CNN Travel asked Australian film star Chris Hemsworth for advice on avoiding drop bears in 2018, he said: “Bring an umbrella.”The origins of the drop bearDespite the drop bear’s popularity and growing international reputation, its actual origins are unknown. Not every Australian grew up with stories of drop bears, but those who do remember being told about drop bears by their parents, especially people who grew up in the country or in farming communities. The Drop BearsThere is, however, one clear marker of when the mythical drop bears began to enter Australian pop culture. Tell them you’ve got to be wary or (the drop bears) will drop down and take you,” Batchelor said.

Persons: they’ll, ”, Ian Coate, “, Chris Hemsworth, Clint, Paul Hogan, Hogan, Indiana Jones, koalas, savaging Hogan, Coate, ” Coate, Chris Toms, Johnny Batchelor, ” Batchelor, Toms, you’ve, Batchelor, It’s, Bears Batchelor, thylacoleo, Australia’s Coates, Coates, isn’t Organizations: CNN, of Australia, CNN Travel, National Library of Australia, Canberra Times, TAM, Clint, US, Aussie, Bears, Google, Bundaberg, ITV Locations: Australian, “, Goannas, Australia, Zealander, Sydney, New Zealand, New South Wales, Bundaberg Rum

Palestinians returned to the eastern side of Khan Younis in Gaza on Tuesday after Israeli forces pulled out of the area. The Israeli military has designated just one area of the Gaza Strip as a “humanitarian zone” for displaced people — and that area keeps shrinking. In the latest downsizing, the military on Saturday ordered the evacuation of two more parts of central Gaza that had been part of the humanitarian zone. Since last week, Israel has evacuated more than a fifth of the area that it had previously declared a humanitarian zone. There is no more place for any tents at the beach or in Mawasi,” he added, referring to the humanitarian zone.

Persons: Khan Younis, Philippe Lazzarini, Mr, Lazzarini, Mohammed Harbi, Harbi, Duaa, ”, Fura, “, Osama, Sammak, Abu Bakr Bashir, Ameera Harouda Organizations: Saturday, United Nations, New York Times, Hamas, “, Sunday Locations: Gaza, Israel, Deir al, ISRAEL, Rafah EGYPT Rafah, Kerem Shalom, Rafah EGYPT, Shalom, Rafah, Khan, Nuseirat, Bureij, Deir, Mawasi, London, Doha, Qatar, Istanbul

☆ Echoes of Roe v. Wade in Decision Granting Immunity to Trump
▼ + stars: | 2024-07-29 | by ( Adam Liptak | ) www.nytimes.com time to read: +1 min

In the month since the Supreme Court granted former President Donald J. Trump substantial immunity from prosecution, a recurring critique of the decision has emerged. Lawyers and scholars say the ruling bears a striking resemblance to Roe v. Wade, the 1973 decision establishing a constitutional right to abortion. They point to at least four features of the immunity decision that also figured in Roe, which was overturned in 2022 as “egregiously wrong” in a slashing majority opinion from Justice Samuel A. Alito Jr. He wrote that there was nothing in the text of the Constitution about abortion, that the majority had concocted a three-part test for enforcing the right out of whole cloth, that a revision of that three-part test had introduced a vague and unpredictable “undue burden” standard and that the ruling had removed an important question from the legislative process. “The judicial method employed by Trump v. United States resembles Roe v. Wade in the ways that matter,” Richard D. Bernstein, who filed a supporting brief in the case on behalf of conservative critics of Mr. Trump’s legal positions, wrote in a blog post a week after the decision.

Persons: Donald J, Trump, Roe, Wade, Samuel A, Alito Jr, ” Richard D, Bernstein, Mr Organizations: Trump v . Locations: Roe, Trump v . United States

☆ 2 ways to deal with annoying emails and messages at work, according to psychology and etiquette experts
▼ + stars: | 2024-07-29 | by ( Jade Thomas | ) www.cnbc.com time to read: +2 min

If your day has ever been clouded by a coworker being annoying over email or Slack, you're not alone. In fact, 44% of employees participating in a recent Kickresume survey said that written communication, which includes messages or emails, is a common site of workplace annoyance. These small annoyances are related to the concept of incivility, which Bowling describes as "low-level aggression" that manifests as rudeness. I think if you think about what is most kind or considerate and respectful to your colleagues, then that's what you should do." Here are two ways to deal with annoying emails and messages, according to Bowling and Meier.

Persons: micromanaging, Nathan Bowling, Myka Meier, Meier Organizations: University of Central Locations: University of Central Florida, New York City

☆ Bitcoin is up more than 50% this year — here are key crypto tax rules every investor should know
▼ + stars: | 2024-07-29 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

After holding crypto for more than one year, you'll qualify for long-term capital gains of 0%, 15% or 20%, depending on taxable income. Higher earners may also owe an extra 3.8% levy, known as net investment income tax. By comparison, short-term capital gains or regular income taxes apply to assets owned for one year or less. New crypto reporting rulesThe U.S. Department of the Treasury and IRS in June released final guidance for digital asset brokers, which phases in mandatory yearly reporting. With limited past reporting on basis, crypto investors can still establish a "reasonable allocation" before Jan. 1, 2025, according to an IRS revenue procedure released in June.

Persons: Donald Trump, Jon Cherry, Adam Markowitz, Andrew Gordon Organizations: Republican, Getty, IRS, Luminary, Internal Revenue Service, U.S . Department of, Treasury, Gordon Law Group Locations: Nashville , Tennessee, Windermere , Florida

Mr. Vance’s stumbles have come after a remarkable two weeks when Mr. Trump survived an assassination attempt and then rallied the party — and even some skeptics — behind him. Then, in a sense, Mr. Trump and Mr. Vance became the victims of that success. Some of Mr. Vance’s comments on some conservative podcasts veered into serious policy critiques that trucked in antisemitic tropes and racial stereotypes. The Harris campaign has been able to keep the spotlight on the momentum behind her fledgling presidential run — and away from Mr. Trump. Still, the Harris campaign was happy with the bruises they had inflicted.

Persons: JD Vance, Ohio, Donald J, Vance, Trump, deriding, Vance’s, Harris, “ I’ve, ”, —, Kamala Harris, Biden, Doug Mills, pushback, Dave Portnoy, Steven Cheung, Mr, Cheung, “ We’re, Jean Carroll, Jennifer Aniston, Tucker Carlson, they’ve, Hillary Clinton’s “, Rupert Murdoch, Doug Burgum, Hiroko Masuike, Carlson, Harris’s, “, Kelly, ” Mr, ” George Soros, Soros, Taylor Van Kirk, William Martin, Brian Schatz, Chris Murphy, Trump’s, Marco Rubio, Rubio, they’re, ” Sarafina Organizations: Trump, Democratic, Republican National Convention, Republican, New York Times, Barstool Sports, Publicly, Fox News, The, Mr, Credit, CNN, Senate, Democrat, Democratic National Committee Locations: Ohio, Middletown , Ohio, Milwaukee, New York, North Dakota, SiriusXM, Columbus, California, Hawaii, Connecticut, Florida

Mr. Vance’s stumbles have come after a remarkable two weeks when Mr. Trump survived an assassination attempt, and then rallied the party — and even some skeptics — behind him. Then, in a sense, Mr. Trump and Mr. Vance were the victims of that success. Image Mr. Vance, center right, and Mr. Trump at the Republican National Convention earlier this month. Some of Mr. Vance’s comments on some conservative podcasts veered into serious policy critiques that trucked in antisemitic tropes and racial stereotypes. Still, the Harris campaign was happy with the bruises they had inflicted.

Persons: JD Vance, Ohio, Donald J, Vance, Trump, deriding, Vance’s, Harris, “ I’ve, ”, —, Kamala Harris, Biden, Doug Mills, pushback, Dave Portnoy, Steven Cheung, “ We’re, Jean Carroll, Jennifer Aniston, Tucker Carlson, they’ve, Hillary Clinton’s “, Rupert Murdoch, Doug Burgum, Hiroko Masuike, Carlson, Harris’s, “, Mr, Kelly, ” George Soros, Soros, Taylor Van Kirk, Brian Schatz, Chris Murphy, Trump’s, Marco Rubio, ” Mr, Rubio, they’re, ” Sarafina Organizations: Trump, Democratic, Republican National Convention, Republican, New York Times, Barstool Sports, Publicly, Fox News, The, Mr, Credit, CNN, Democrat, Democratic National Committee Locations: Ohio, Middletown , Ohio, Milwaukee, New York, North Dakota, SiriusXM, Columbus, California, Hawaii, Connecticut, Florida

☆ The French Swimmer Who Is Carrying His Country on His Back
▼ + stars: | 2024-07-27 | by ( Jenny Vrentas | ) www.nytimes.com time to read: +1 min

The French swimmer Léon Marchand understood that he would be his country’s marquee athlete at the Paris Games, and he surely is. Marchand, 22, has ascended to the top of the swimming world just in time for his home country to host the Games, and as one of France’s best — and earliest — hopes for Olympic gold. Carrying the weight of a nation’s hopes can be an uncommonly heavy burden for any athlete, and Marchand will not bear it alone, of course. Victor Wembanyama, the 7-foot-4 sensation who just completed his rookie season with the N.B.A.’s San Antonio Spurs, will lead France’s men’s basketball team. Teddy Riner, one of the best judokas in history, will look to claim a medal at a sixth straight Games.

Persons: Léon Marchand, didn’t, Nike Jordans, ”, Marchand, Victor Wembanyama, Teddy Riner, Thierry Henry Organizations: Paris Games, Games, Arizona State, University of Arizona, Nike, San Antonio Spurs, France’s Locations: selfies, Arizona, France

☆ JD Vance Stumbles in His Debut as Democrats Go on Offense
▼ + stars: | 2024-07-27 | by ( Jonathan Weisman | Shane Goldmacher | ) www.nytimes.com time to read: +1 min

The choice of Senator JD Vance as former President Donald J. Trump’s running mate reflected the confidence of a campaign so sure of victory in November that it could look beyond a second Trump term to the legacy of his movement. But in less than two weeks, Mr. Vance has found himself on the defensive, and his struggles have dented the sense of invulnerability that only a week ago seemed to be the overriding image of the Trump campaign. A stream of years-old quotes, videos and audio comments unearthed by Democrats and the news media in recent days has threatened to undermine the Trump campaign’s outreach to women, voters of color and the very blue-collar voters to whom Mr. Vance, a first-term Ohio senator, was supposed to appeal. His past comments deriding “childless cat ladies,” supporting a “federal response” to stop abortion in Democratic states and promoting a higher tax burden for childless Americans have yielded a chorus of criticism from Democrats. Mr. Vance’s fresh efforts to explain them have provided Democrats more material, with the Harris campaign promoting one short clip in which he seems to suggest that when he spoke of childless cat ladies, he meant no insult to cats — “I’ve got nothing against cats,” he said.

Persons: JD Vance, Donald J, Vance, Trump, deriding, Vance’s, Harris, “ I’ve, ” Organizations: Trump, Democratic Locations: Ohio

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