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☆ How JD Vance's Silicon Valley ties will help Trump's fundraising campaign
▼ + stars: | 2024-07-15 | 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 EmailHow JD Vance's Silicon Valley ties will help Trump's fundraising campaignHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Brian Sullivan, “ Organizations: CNBC

☆ Strategas' Jason Trennert on why it 'makes sense' that Trump-related stocks would do better now
▼ + stars: | 2024-07-15 | 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 EmailStrategas' Jason Trennert on why it 'makes sense' that Trump-related stocks would do better nowHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Jason Trennert, Brian Sullivan, “ Organizations: Trump, CNBC

☆ Dismissal Brings New Scrutiny to Judge With a History of Unorthodox Decisions
▼ + stars: | 2024-07-15 | by ( Alan Feuer | Eileen Sullivan | ) www.nytimes.com time to read: +1 min

Even before her bombshell decision on Monday to dismiss former President Donald J. Trump’s classified documents case, Judge Aileen M. Cannon had made any number of unorthodox rulings. In fact, since Judge Cannon took control of the case in June 2023, many of her decisions have been so outside the norm that they have fueled intense criticism of her legal acumen, stoked questions about favoritism toward Mr. Trump and slowed the documents case sufficiently that it would not come to trial before Election Day. Still, almost no one, including some defense lawyers working on the case, expected Judge Cannon to throw out the charges against Mr. Trump by ruling that Jack Smith, the special counsel who filed the indictment, had been unconstitutionally appointed to his job — especially on the first day of the Republican National Convention. The ruling upended 25 years of Justice Department procedure for naming and governing special counsels and called into question decisions by previous courts reaching back to the Watergate era.

Persons: Donald J, Trump’s, Aileen M, Cannon, Judge Cannon, Trump, Jack Smith Organizations: Mr, Republican National Convention

☆ Bitcoin could still hit over $100,000: Inside Edge Capital's Todd Gordon
▼ + stars: | 2024-07-15 | 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 EmailBitcoin could still hit over $100,000: Inside Edge Capital's Todd GordonHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Capital's Todd Gordon, Brian Sullivan, “ Organizations: CNBC

☆ Trump chooses JD Vance as 2024 running mate, sparking a fundraising battle
▼ + stars: | 2024-07-15 | 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 EmailTrump chooses JD Vance as 2024 running mate, sparking a fundraising battleHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Email Trump, JD Vance, Brian Sullivan, “ Organizations: Email, CNBC

☆ Crypto stocks like Coinbase and MicroStrategy soar, mirroring rally in bitcoin
▼ + stars: | 2024-07-15 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +2 min

The Securities And Exchange Commission has filed a lawsuit against cryptocurrency exchange Coinbase for allegedly violating securities laws by acting as an exchange, a broker and a clearing agency without registering with the Securities and Exchange Commission. (Photo Illustration by Justin Sullivan/Getty Images)Coinbase , MicroStrategy and Riot Platforms surged Monday as investors piled into crypto companies following bitcoin's rally to a two-week high. Bitcoin is up about 6% in the past 24 hours, trading at around $63,500 as of early Monday afternoon. Bitcoin accounted for 33% of trading volume on the platform in the first quarter, by far the biggest amount for any cryptocurrency. On Thursday, the company announced a 10-for-1 stock split, in order "to make MicroStrategy's stock more accessible to investors and employees."

Persons: Justin Sullivan, Donald Trump, Trump, Bitcoin, bitcoin Organizations: Securities, Exchange, Securities and Exchange Commission, Republican, Marathon, Miners Locations: CALIFORNIA, San Anselmo , California, Nashville , Tennessee, U.S

☆ Trump assassination attempt spurs flurry of falsehoods: Here's what you need to know
▼ + stars: | 2024-07-15 | 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 EmailTrump assassination attempt spurs flurry of falsehoods: Here's what you need to knowHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Trump, Brian Sullivan, “ Organizations: CNBC

☆ How Biden's rent cap proposal would impact the housing market
▼ + stars: | 2024-07-15 | 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 EmailHow Biden's rent cap proposal would impact the housing marketHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Brian Sullivan, “ Organizations: CNBC

☆ Trump's shooting puts scandal-plagued Secret Service under the biggest microscope yet
▼ + stars: | 2024-07-14 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +8 min

Read previewThe Secret Service has been at the center of scandals in recent years. AdvertisementTrump's ear was pierced by a bullet; a rallygoer near the president was killed before Secret Service agents shot and killed the would-be assassin. US Secret Service agents stayed at this hotel in Cartagena, Colombia, when several agents were found to have solicited prostitutes ahead of then-President Barack Obama's visit. Two Secret Service agents, who had 'likely' been drinking, crashed a car on the White House grounds. Secret Service later apprehended him.

Persons: —, indiscretions, Donald Trump, Trump, Joe Biden, Biden, Sunday he's, Mike Johnson, Mark Green, Alejandro Mayorkas, Reagan, Barack Obama's, Manuel Pedraza, Obama's, Obama, Carol D, Leonnig, Mark Sullivan, Omar J, Gonzalez, Barack Obama, Julia Pierson, Pierson, Marc Connolly, John Roth, Connolly, George Ogilvie, Jonathan T, Tran, Mike Pence, Pence Organizations: Service, Business, Secret, Sunday, Republican, Homeland Security, Tennessee Republican, Homeland, Homeland Security Department, Secret Service, Getty, Agents, NPR, House, White House, The New York Times, Presidential, Division, Guardian, CNN, White, The Washington, Capitol Locations: Pennsylvania, Tennessee, Cartagena , Colombia, AFP, Colombia, Americas, USSS, Washington, DC

President Biden on Sunday called for an “independent review” of security measures before and after the attempted assassination of former President Donald J. Trump, while directing the Secret Service to review all of its security measures for the Republican National Convention this week. Mr. Biden’s directive, though brief and without specifics, is likely to increase the scrutiny of the decisions and possible failures of the agency charged first and foremost with protecting the lives of the country’s current and former leaders, and their families. Less than 24 hours after Mr. Trump was injured at a campaign rally in Butler, Pa., members of Congress were promising hearings and former law enforcement officials were questioning why the warehouse roof where the would-be assassin, Thomas Matthew Crooks of Bethel Park, Pa., fired shots was not covered by the Secret Service’s security perimeter, despite being within the range of some guns. Mr. Trump, the presumptive Republican nominee, was quickly whisked off the stage and pronounced fine, but a spectator was killed in the shooting and two others were critically wounded.

Persons: Biden, Donald J, Trump, Biden’s, Thomas Matthew Crooks Organizations: Service, Republican National Convention, Republican Locations: Butler, Pa, Bethel Park

Former President Donald Trump and President Joe Biden. If you average the national polls since the debate 15 days ago, Trump’s ahead by 3 points. Biden and Trump’s own history should make you think twice about calling wraps on this race as well. Biden was ahead by 9 points in the early July national polls in 2020. Read Harry Enten’s full analysis of the state of the race and the latest polling.

Persons: Donald Trump, Joe Biden, Joe Biden’s, Biden’s, Democrat Michael Dukakis, Republican George H.W, Republican George H.W . Bush, Bush, Dukakis, Biden, Trump’s, Read Harry Enten’s Organizations: Getty, NPR, PBS, Marist College, Biden, Trump, Democrat, Republican Locations: Republican George H.W ., Michigan , Pennsylvania, Wisconsin, Arizona, George , Nevada, North Carolina

☆ After Dismissal of Bankruptcy Case, Here’s What’s Next for Giuliani
▼ + stars: | 2024-07-13 | by ( Eileen Sullivan | ) www.nytimes.com time to read: +1 min

Rudolph W. Giuliani is free from the demands — and protections — of bankruptcy court. A federal judge dismissed his case on Friday, citing the former New York mayor’s failure to comply with almost any of the court’s requirements. Filing for bankruptcy under the Chapter 11 code protected Mr. Giuliani from having his creditors coming after his assets and pursuing lawsuits. But bankruptcy also required that he disclose his assets and details about his businesses. “The record in this case reflects Mr. Giuliani’s continued failure to meet his reporting obligations and provide the financial transparency required of a debtor in possession,” Sean H. Lane, the bankruptcy judge in the Southern District of New York who oversaw the case, said in his dismissal order.

Persons: Rudolph W, Giuliani, Donald J, Trump, Giuliani’s, ” Sean H, Lane Organizations: of, York Locations: York, Washington, Georgia, Southern

☆ Biden's proposed rent caps 'will work' but can't be 'broad brushed', says Fmr. Gov. Howard Dean
▼ + stars: | 2024-07-12 | 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 EmailBiden's proposed rent caps 'will work' but can't be 'broad brushed', says Fmr. Howard DeanHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Howard Dean, Brian Sullivan, “ Organizations: Gov, CNBC

☆ U.S. Officials See Hopeful Signs in Gaza Cease-Fire Talks
▼ + stars: | 2024-07-12 | by ( Julian E. Barnes | Adam Rasgon | ) www.nytimes.com time to read: +1 min

Some American officials have grown more optimistic that a deal to release Israeli hostages held in Gaza in return for a cease-fire is at hand. But people briefed on the talks say it will be days until it is clear whether a breakthrough has been achieved because of difficulties in communication between Hamas officials in Qatar and the group’s leaders in Gaza. Other officials said that previous moments of hope about an agreement had been dashed by both the Israeli prime minister, Benjamin Netanyahu, and Hamas. “There’s still miles to go before we close if we are able to close,” Mr. Sullivan told reporters on Thursday. I’m determined to get this deal done and bring an end to this war which should end now.”

Persons: Benjamin Netanyahu, Jake Sullivan, “, ” Mr, Sullivan, it’s, Biden, ” Organizations: White House, NATO, Washington , D.C Locations: Gaza, Qatar, Washington, Washington ,

☆ We are upgrading our rating on Wells Fargo as investors dump stock post-earnings
▼ + stars: | 2024-07-12 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Wells Fargo Why we own it : We bought Wells Fargo as a turnaround story under CEO Charlie Scharf. We are more excited by the outperformance of non-interest income than we are disappointed with the miss on net interest income. However, the team added, many of the factors driving net interest income are uncertain heading into the second half of the year. We don't like to see guidance misses, but bank interest income estimates depend on interest rates, which Wells Fargo has no real control over. Non-interest income increased 12% thanks to higher asset-based fees driven by an increase in market valuations.

Persons: Wells Fargo, Wells, Charlie Scharf, He's, Scharf, Wells Fargo's, —, It's, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Wells, Bank of America, Citigroup, Management, Silicon Valley Bank, Consumer, Auto, Corporate, Wealth, CNBC, Getty Locations: Wells Fargo, Wells, NII, Silicon

☆ Last Call politics panel talks pressure on Pres. Biden from high-dollar donors
▼ + stars: | 2024-07-12 | 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 EmailLast Call politics panel talks pressure on Pres. Biden from high-dollar donorsHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Biden, Brian Sullivan, “ Organizations: Pres, CNBC

☆ MIT Professor: AI productivity growth estimates 'quite exaggerated'
▼ + stars: | 2024-07-12 | 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 EmailMIT Professor: AI productivity growth estimates 'quite exaggerated'Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Brian Sullivan, “ Organizations: MIT, CNBC

☆ NATO just accused China of enabling Russia's invasion of Ukraine for the first time
▼ + stars: | 2024-07-11 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

Read previewNATO on Wednesday accused China of being "a decisive enabler of Russia's war against Ukraine" and demanded that it stop aiding Moscow's military or face the consequences. In the alliance's Washington Summit declaration, published before a White House dinner with its leader, it called on China "to cease all material and political support to Russia's war effort." The strongest rebuke yetJens Stoltenberg, NATO's secretary-general, described the language as the "strongest message NATO allies have ever sent on China's contributions to Russia's illegal war against Ukraine." In response, China has said it is not a party to the Ukraine war and that there should be no interference with trade between China and Russia. Speaking at a press briefing on Thursday, Chinese foreign ministry spokesperson Lin Jin said "NATO hyped up China's responsibility" in Russia's invasion of Ukraine, according to Reuters.

Persons: —, Natalie Sabanadze, Jens Stoltenberg, NATO's, Lin Jin, Lin, Alexander Stubb, Xi Jinping, Stubb, Jake Sullivan, Biden Organizations: Service, Wednesday, Business, Chatham House, New York Times, NATO, Ukraine, Reuters, The Times, Bloomberg Locations: China, Ukraine, Washington, Russia, Europe, London, Beijing, NATO, United States

☆ Zelenskyy says the problem with the coming F-16 fighter jets is the same one Ukraine had with the Abrams tanks
▼ + stars: | 2024-07-11 | by ( Chris Panella | Jake Epstein | ) www.businessinsider.com time to read: +6 min

Read previewWestern-provided F-16 fighter jets are on their way to Ukraine and set to start flying missions later this summer. But they may not yet be enough to make a difference on the battlefield, Ukrainian President Volodymyr Zelenskyy indicated in a discussion this week on what Ukraine needs, comparing the jets to the US-made Abrams tanks that Ukraine got last fall. "The problem with F-16," the Ukrainian president said, "is the number and the dates." The US sent only 31 M1A1 Abrams in total, and they were delivered to Ukraine months after British and German tanks. For comparison, Ukraine received about 300 US-made Bradley infantry fighting vehicles, nearly ten times more than the number of Abrams sent.

Persons: —, Volodymyr Zelenskyy, Abrams, Bret Baier, Zelenskyy, Derek Seifert, Zelenskky, haven't, Michael Currie, Antony Blinken's, it's, Zachariah Lopez, Jake Sullivan Organizations: Service, Business, Fox News, Reagan Institute, Abrams Ukraine, NATO, Egyptian, Force, US Air Force, US, Abrams, Bradley, Getty, Ukraine —, Ukrainian Air Force, Osan Air Base, US Air Force Tech, White, National Locations: Ukraine, Ukrainian, Washington , DC, Russia, Egypt, Denmark, Netherlands, Soviet, South Korea

☆ Pentagon to Dismantle Temporary Pier Built for Gaza Aid Operation
▼ + stars: | 2024-07-11 | by ( Eric Schmitt | ) www.nytimes.com time to read: +1 min

The Biden administration will soon permanently shut down the star-crossed $230 million temporary pier that the U.S. military built to rush humanitarian aid to Gaza, American officials said on Thursday. “I do anticipate that in relatively short order, we will wind down pier operations,” Jake Sullivan, President Biden’s national security adviser, told reporters. On Wednesday, personnel from the military’s Central Command attempted and failed to reattach the makeshift pier to the beach in Gaza after rough seas forced operators to remove the structure several days ago to avoid damage, the Pentagon said. In a statement, Maj. Gen. Patrick S. Ryder, the Pentagon press secretary, said the latest effort to re-anchor the pier failed because of “technical and weather-related issues,” recurring problems that The New York Times identified last month when it reported that military officials had warned aid organizations that the project could be dismantled as early as July.

Persons: Biden, “, ” Jake Sullivan, Patrick S, Ryder Organizations: ., military’s Central Command, Pentagon, New York Times Locations: Gaza

☆ High inflation is largely not Biden's or Trump's fault, economists say
▼ + stars: | 2024-07-11 | by ( Greg Iacurci | ) www.cnbc.com time to read: +7 min

The Federal Reserve, which acts independently from the Oval Office, was slow to act to contain hot inflation, for example. That Biden is seen as stoking high inflation is due somewhat to optics: he took office in early 2021, around the time inflation spiked notably, economists said. "In my view, neither Trump nor Biden is to blame for the high inflation," said Mark Zandi, chief economist at Moody's Analytics. At a high level, hot inflation is largely an issue of mismatched supply and demand. For example, Trump imposed tariffs on imported steel, aluminum and several goods from China, which Biden largely kept intact.

Persons: Joe Biden, Donald Trump, Justin Sullivan, Trump, Biden, David Wessel, Mark Zandi, Wu Shaoyang, Wessel, Zandi, Stephen Brown, Eric Baradat, —, Michael Strain, Strain, Jerome Powell, Olivier Douliery Organizations: CNN, Getty, Federal Reserve, Biden, Trump, Hutchins, Brookings Institution, Moody's, Qingdao Port, International Monetary Fund, North, Capital Economics, American, Afp, American Enterprise Institute, Federal, . Federal Locations: Atlanta, U.S, Ukraine, Qingdao, Shandong Province, China, North America, Washington, It's

☆ Last Call panel responds to Pres. Biden's speech as he vows to stay in 2024 race
▼ + stars: | 2024-07-11 | 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 EmailLast Call panel responds to Pres. Biden's speech as he vows to stay in 2024 raceHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Pres, Brian Sullivan, “ Organizations: CNBC

House Democratic Caucus Chairman Rep. Pete Aguilar and Vice Chair of the Democratic Caucus Rep. Ted Lieu answer questions during a press conference following their weekly caucus meeting at the U.S. Capitol on July 9. At a news conference, Aguilar and Caucus Vice-Chair Rep. Ted Lieu repeatedly sounded alarms about a Trump second term. “Let’s see,” Aguilar said, referring to the upcoming events. “Let’s see the press conference. Biden has also been consistently polling behind Democrats in competitive statewide Senate races – a gap that many political analysts and lawmakers have deemed untenable.

Persons: Pete Aguilar, Ted Lieu, Bonnie Cash, Donald Trump, Aguilar, ” Aguilar, “ Let’s, Let’s, Biden, Trump, Hakeem Jeffries, ”, he’s Organizations: Democratic, Democratic Caucus Rep, U.S, Capitol, Getty Images Democratic, House Democrats ’, Trump, Senate

☆ Scott Cohn delivers the final hint for CNBC's 2024 Top State for Business
▼ + stars: | 2024-07-10 | 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 EmailScott Cohn delivers the final hint for CNBC's 2024 Top State for BusinessHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Scott Cohn, Brian Sullivan, “ Organizations: Business, CNBC

☆ Opinion | Jake Sullivan: You Can Count on a Strong NATO
▼ + stars: | 2024-07-10 | by ( Jake Sullivan | ) www.nytimes.com time to read: +2 min

They know that these relationships make us stronger and help us build a world that is free, independent, prosperous and secure. Twenty-three NATO members, out of 32, are expected to meet or exceed that target in 2024, compared with just nine in 2020, and five in 2016. This year alone America’s NATO partners — Canada and 30 European nations — will spend an estimated $506.7 billion on defense. That is an increase of $181 billion from 2020, compared with an increase of $70 billion from 2016 to 2020, during the previous administration. In 2023, defense expenditures of NATO nations in Europe and Canada grew by 8 percent.

Persons: Biden Organizations: NATO, — Canada Locations: Washington, Crimea, Europe, Canada

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