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A CNN investigation found that Airbnb consistently fails to protect its guests despite knowing hidden cameras are a persistent concern within its industry. Video Ad Feedback A woman describes the moment she realized her Airbnb host had placed a hidden camera in her room. And, while hotels can be held legally responsible for guests harmed on their property, Airbnb frequently is not. In January, CNN began reaching out to former Airbnb employees to ask about hidden camera concerns within the industry. “Less than a month for every victim,” said Wyzynajtys, the guest who found Allee’s hidden camera.

Persons: Airbnb, ”, Brian Chesky, Chloe LeBrument, “, LeBrument, … it’s, Bianca Zuniga, Goldwater, “ I’ve, Comfort , Texas David Wyzynajtys, Airbnb’s, Wyzynajtys, ” Wyzynajtys, David Wyzynajtys, Austin Steele, CNN Wyzynajtys, Jay Allee, Allee, –, Vrbo, CNN Allee, Butch Matjeka, ” Matjeka, Kim van Sparrentak, Murray Cox, Cox, Shannon Schott, “ They’re, They’re, ” Schott, Jan Schakowsky, Kyung, ’ Allee, didn’t, Airbnb superhost Peter Madden, Madden, he’d, “ I’m, ” Madden, undressed, Patricia DiCarlo, Matt Lait, Logan Whiteside, Yahya Abou, Ghazala Organizations: CNN, Social, ” CNN, Hyatt Hotels Corporation, Marriott International, Ontario Airbnb, Police, Sheriff’s, European Union, EU, Communications, Facebook, Illinois, Democratic, Airbnb’s San, Attorney, Westbrook Police, Vrbo Locations: Texas, San Francisco, London , Ontario, Ontario, Comfort , Texas, Jay Allee Kendall, Allee’s, California, Kendall, Allee, United States, New York, York, Florida, Airbnb’s, Airbnb’s San Francisco, Chesky, Melbourne, Australia, Maine, Cumberland County

☆ Tesla’s Share of U.S. Electric Car Market Falls Below 50%
▼ + stars: | 2024-07-09 | by ( Jack Ewing | ) www.nytimes.com time to read: +1 min

Tesla’s once-commanding share of the market for electric vehicles in the United States slipped below 50 percent in the second quarter of the year even as sales of battery-powered cars surged to a record, according to new estimates published Tuesday by a research firm. It was the first time the company’s market share fell below 50 percent in a quarter, according to Cox. The firm, a leading auto industry researcher, estimates market share based on registrations, company reports and other data. Before that car, very few electric vehicles were sold in the United States. A year earlier, electric vehicles accounted for 7.2 percent of the market, Cox said.

Persons: Tesla’s, Elon Musk, Cox, Tesla Organizations: General Motors, Ford Motor, Hyundai, Kia, Cox Automotive Locations: United States

☆ Beware, Elon Musk — BYD just took its next step toward world domination
▼ + stars: | 2024-07-09 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. Business Insider contacted BYD for comment but didn't immediately hear back. Turkey is part of the EU's Customs Union, and any BYD cars manufactured there could avoid the 17.4% additional tariff the EU slapped on BYD vehicles imported from China. Plans by Chinese EV giants BYD, MG, and Chery to build factories in Mexico have sparked concern among US officials over fears they could be used as a "backdoor" into the US market.

Persons: —, Elon, Mehmet Fatih, BYD, didn't, It's, Philip Nothard, Nothard, Elon Musk, Tesla Organizations: Service, Business, Union, EV, EU's Customs Union, BYD, Chery, Cox Automotive Locations: Turkey, Europe, China, Mexico, Germany

☆ Watch Fed Chair Jerome Powell testify live before Senate banking panel
▼ + stars: | 2024-07-09 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell speaks Tuesday to the Senate Banking Committee as part of his semiannual address to Congress on monetary policy. With the Fed still on hold regarding interest rates, Powell's remarks will be scrutinized closely for hints about what it will take to start easing. In his most recent remarks, Powell said he and his colleagues "want to be more confident that inflation is moving sustainably down toward 2% before we start the process of reducing or loosening policy." Powell will continue his testimony Wednesday before the House Financial Services Committee.

Persons: Jerome Powell, Powell's, Powell, Humphrey, Read, it's Organizations: Senate, Committee, Financial Services, CNBC, YouTube

☆ Stock futures are little changed after S&P 500, Nasdaq close at fresh records: Live updates
▼ + stars: | 2024-07-08 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

U.S. stock futures were little changed Monday night after the S&P 500 and Nasdaq Composite closed at fresh record highs. S&P 500 futures and Nasdaq 100 futures climbed 0.12% and 0.18%, respectively. The S&P 500 and Nasdaq Composite closed Monday's trading session at all-time highs again, each rising slightly as investors awaited key inflation data and earnings results due out later this week. The broad market index closed up 0.1%, while the tech-heavy Nasdaq gained 0.3%. Bank earnings results from Citigroup and JPMorgan Chase are due out Friday.

Persons: Courtney Garcia, CNBC's, Jerome Powell, Powell, JPMorgan Chase, —, Jeff Cox Organizations: New York Stock, Nasdaq, Dow Jones Industrial, Dow Jones, Reserve, Payne Capital Management, Senate, Financial Services, PepsiCo, Delta Air Lines, Citigroup, JPMorgan

☆ Trump's increasing election odds after debate already affecting financial markets
▼ + stars: | 2024-07-08 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

Financial markets are slowly starting to absorb the possibility that what was once a toss-up presidential election campaign has taken a notable turn. That has put investors in a quandary of how to handicap what a Trump presidency would look like from an economic and market standpoint. .SPX mountain 2024-06-28 S & P 500 performance since the debate However, the bond market has had a bit more of a reaction. The first Trump presidency and some of his campaign rhetoric nevertheless has led to guesswork about what could be ahead. "This particularly favors financials and there will be an expectation of more M & A approval in a Trump presidency.

Persons: Joe Biden, Donald Trump, specter, Biden, Trump, Mark Malek, Siebert AdvisorNXT, Handicapping, Michael Hartnett, Hartnett, Ed Mills, Raymond James, Kamala Harris, Harris, Chris Krueger, TD Cowen, Krueger, ABC's George Stephanopoulos, —, Sarah Min Organizations: Republican, Trump, Treasury, Bank of, White, Reading, New York Times, Biden, Democrat Locations: Washington

☆ NASCAR unveils electric SUV, but the race series isn’t giving gasoline the boot
▼ + stars: | 2024-07-06 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +4 min

But, if NASCAR is known for anything, it’s the loud V8 internal combustion engines that power the race car. That’s why NASCAR wants to make it very clear that gasoline-burning race cars are in no immediate danger of extinction. ABB is also heavily involved in Formula E, the electric racing series affiliated with Formula 1. With many changes over the years, modern NASCAR race cars bear little resemblance to the Toyotas and Chevrolets that typical Americans own. This time, designers wanted to maintain that resemblance between the race car and the vehicles fans drive, which are, increasingly, SUVs.

Persons: ”, Riley Nelson, NASCAR’s, John Probst, Michael Plaster, Nelson, we’re, Probst, “ Organizations: CNN, NASCAR, ABB, Formula E, Formula, National Association for Stock, Auto, Cox Automotive

☆ U.S. economy added 206,000 jobs in June, unemployment rate rises to 4.1%
▼ + stars: | 2024-07-05 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

Job seekers attends the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena on June 26, 2024 in Sunrise, Florida. Joe Raedle | Getty ImagesThe U.S. economy again added slightly more jobs than expected in June though the unemployment rate increased, the Labor Department reported Friday. The unemployment rate unexpectedly climbed to 4.1%, tied for the highest level since October 2021 and providing a conflicting sign for Federal Reserve officials weighing their next move on monetary policy. A broader unemployment rate which counts discouraged workers and those holding part-time jobs for economic reasons held steady at 7.4%. Household employment, which is used to calculate the unemployment rate, increased by 116,000.

Persons: Joe Raedle, Nonfarm, Dow Jones Organizations: Amerant, Labor Department, Dow, Federal Reserve Locations: Florida, Sunrise , Florida

☆ Here’s where money managers are seeking income at mid-year as rates stay high
▼ + stars: | 2024-07-05 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +6 min

The prospect of "higher for longer" rates has also made short-term fixed income assets especially attractive. "We had a lot of investors who were in, if not cash, then sub-2-year duration fixed income at the start of the year." Takeaways for investors It doesn't hurt for retail investors to review their fixed income allocation now that the year is halfway over. A combination of fixed income assets may be what it takes to benefit from today's higher rates, lock in yields and capture rising prices once the Fed cuts. "We don't buy that there's one fixed income asset class that you should tilt toward," said Calcagni.

Persons: –, Don Calcagni, it's, Shannon Saccocia, Neuberger Berman, Michael Rosen, Rosen, Janus Henderson, Vishal Khanduja, Eaton Vance, Khanduja, Callie Cox Organizations: Federal Reserve, FedWatch, Investment Company Institute, Money, Mercer Advisors, Investors, Municipal, Angeles Investment Advisors, AAA CLOs, Janus Henderson AAA CLO, SEC, Morgan Stanley Investment Management, Bond, Ritholtz Wealth Management, Stay Locations: Santa Monica, Calif

☆ Friday's jobs report expected to show slowing payroll gains as concern rises about broader economy
▼ + stars: | 2024-07-04 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

Payroll gains so far in 2024 have totaled 1.24 million, down about 50,000 a month below the same period a year ago. "Specifically, I'm thinking more about the unemployment rate, which has been slowly trending up." Under normal circumstances, a 4% unemployment rate would be cause for celebration, not concern. The May rate was 0.5 percentage point above its 12-month low of 3.5% in July 2023, potentially triggering a recession indicator called the Sahm Rule. The rule has shown consistently that whenever the unemployment rate on a three-month average eclipses its 12-month low by half a percentage point, the economy is in recession.

Persons: nonfarm payrolls, Dow Jones, Nick Bunker, it's

☆ Fed says it's not ready to cut rates until 'greater confidence' inflation is moving to 2% goal
▼ + stars: | 2024-07-03 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Federal Reserve officials at their June meeting indicated that inflation is moving in the right direction but not quickly enough for them to lower interest rates, minutes released Wednesday showed. "Participants affirmed that additional favorable data were required to give them greater confidence that inflation was moving sustainably toward 2 percent," the meeting summary said. The Fed targets 2% annual inflation, a level it has been above since early in 2021. Since the meeting, officials have largely stuck to a cautious script stressing data dependency rather than forecasts. However, there have been indications from multiple officials, including Chair Jerome Powell, that continued encouraging readings on inflation would provide confidence that rates can be lowered.

Persons: Jerome Powell, Powell Organizations: Federal, Open Market, Fed Locations: Portugal

☆ Ford sales edge 1% higher in the second quarter, led by trucks
▼ + stars: | 2024-07-03 | by ( Sara Salinas | In Saracsalinas | ) www.cnbc.com time to read: +1 min

Ford sales rose 1% during the second quarter over the year-earlier period, led by a 5% gain in truck sales, the automaker said Wednesday. Ford truck sales, which include pickups and vans, totaled 308,920 vehicles during the period, the company's best second-quarter performance for the category since 2019, Ford said. Sales of Ford electric vehicles totaled 23,957 during the second quarter, up 61%. GM said total sales of 696,086 made for its highest quarterly sales mark since the fourth quarter of 2020. Auto industry forecasters including Cox Automotive and Edmunds expect second-quarter sales industrywide to be roughly flat year over year.

Persons: Ford, Edmunds, — CNBC's Michael Wayland Organizations: Ford, Motors, GM, Auto, Cox Automotive Locations: Chicago , Illinois

☆ Private payrolls grew by just 150,000 in June, less than expected
▼ + stars: | 2024-07-03 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Private payroll growth edged lower in June, according to a report Wednesday from ADP that indicates a potential slowdown in the U.S. labor market. Companies added 150,000 jobs for the month, below the upwardly revised 157,000 in May and the Dow Jones consensus estimate for 160,000. The sector added 63,000 jobs, easily the biggest gain among the categories that payrolls processing firm ADP measures. ADP's report serves as a precursor to the more closely watched nonfarm payrolls count that the Labor Department will release Friday. For May, the BLS reported that private payrolls rose by 229,000, or 72,000 more than ADP's estimate.

Persons: Dow Jones, Nela Richardson, Job switchers Organizations: Companies, Labor Department, ADP, of Labor, BLS Locations: U.S

☆ Auto Sales Grew Slightly in Second Quarter
▼ + stars: | 2024-07-02 | by ( Neal E. Boudette | Jack Ewing | ) www.nytimes.com time to read: +1 min

Much of the auto industry, with the notable exception of Tesla, reported modest sales growth in the three months through June as high interest rates, high vehicle prices and uncertainty about the economy weighed on consumers. Sales in late June were also slowed by disruptions at car dealers stemming from a cyberattack on a company that supplies software and data services to dealerships. That’s a marked slowdown from the year’s first three months, when sales grew 5 percent. Slow growth is likely to continue through the end of the year, said Jonathan Smoke, Cox’s chief economist. “We probably can’t quite keep the pace of sales of the first half, but we aren’t expecting a collapse in sales.”

Persons: Tesla, That’s, Cox, Jonathan Smoke, ”, “ Organizations: Cox Automotive Locations: United States

☆ GM reports best U.S. quarterly sales since 2020
▼ + stars: | 2024-07-02 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

The Detroit automaker on Tuesday reported sales of 696,086 for the second quarter, up 0.6% from a year earlier and its highest quarterly units sold since the fourth quarter of 2020. Still, EVs made up only 3.2% of its total second-quarter sales. Sales of GM's full-size pickup trucks were roughly 229,000 during the second quarter, up about 6% from a year earlier and the best quarterly sales since 2021. GM's second-quarter sales are expected to slightly outpace the overall industry. Kia, which reports sales on a monthly basis, reported a 6.5% decrease in its June sales.

Persons: EVs, Edmunds, CDK, Jessica Caldwell, Caldwell Organizations: DETROIT —, Motors, Detroit, Auto, Cox Automotive, CDK, GM, Asbury Automotive Group, AutoNation Inc, Inc, Lithia Motors Inc, Sonic Automotive Inc, Automotive News, Toyota, Hyundai, Kia Locations: Lincolnwood , Illinois, DETROIT, North America

☆ A new index is using AI tools to measure U.S. economic growth in a broader way
▼ + stars: | 2024-07-01 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

Measuring the strength of the sprawling U.S. economy is no easy task, so one firm is sending artificial intelligence in to do the job. The Zeta Economic Index, launched Monday, uses generative AI to analyze what its developers call "trillions of behavioral signals," largely focused on consumer activity, to score growth on both a broad level of health and a separate measure on stability. At its core, the index will gauge online and offline activity across eight categories, aiming to give a comprehensive look that incorporates standard economic data points such as unemployment and retail sales combined with high-frequency information for the AI age. "The algorithm is looking at traditional economic indicators that you would normally look at. But then inside of our proprietary algorithm, we're ingesting the behavioral data and transaction data of 240 million Americans, which nobody else has," said David Steinberg, co-founder, chairman and CEO of Zeta Global.

Persons: David Steinberg Organizations: Zeta Economic Index, Zeta

☆ Euro 2024: Our ranking of all the games in Germany this summer
▼ + stars: | 2024-06-29 | by ( Ahmed Walid | ) www.nytimes.com time to read: +35 min

AdvertisementThis was Belgium at their finest, and Romania raised the level of their game in the second half to try to equalise. If Austria wanted to have any chance of qualifying to the round of 16 they had to beat Poland in their second group game. The wide areas were where Ukraine focused their attacks, and Oleksandr Zinchenko’s square pass to Mykola Shaparenko made it 1-1 in the second half. However, Samet Akaydin and Altay Bayindir’s mishap on the second goal decreased Turkey’s probability of a comeback. More off-ball runs in the second half led to the third, and by then the match was done and dusted.

Persons: Muldur, Arda Guler, Georges Mikautadze, Khvicha, Giorgi Mamardashvili, Kerem Akturkoglu, Ronald Koeman’s, Romano Schmid, Austria, Cody Gakpo’s, Memphis Depay, Marcel Sabitzer, Merih Demiral, Ralf Rangnick’s, Vincenzo Montella’s, Michael Gregoritsch, Alexander Prass, Christoph Baumgartner, Mert Gunok, Kvaratskhelia, Jasir Asani’s, Zlatko Dalic’s, Mario Pasalic, Luka Sucic, Marcelo Brozovic, Majer, Luka Modric, Mateo Kovacic, Ante Budimir, Andrej Kramaric, Klaus Gjasula’s, Albania’s, Dan Mullan, Gianluigi, Italy weren’t, Nico Williams, Giovanni Di Lorenzo, Kevin C, Cox, Jeremy Doku, Ivan Schranz, Kevin De Bruyne, Romelu Lukaku, Leandro Trossard, Stanislav Lobotka, Juraj Kucka, Ondrej Duda, Martin Dubravka’s, David Hancko’s, Stu Forster, Zan Karnicnik’s, Jan Oblak’s, Luka, Patrik Schick, Ondrej Lingr’s, Ivan Hasek’s, Giorgi Chakvetadze, Saba Lobjanidze, Julian Nagelsmann, Germany didn’t, —, Murat Yakin’s, Dan Ndoye, Manuel Akanji, Fabian Schar, David Raum, Christina Pahnke –, Romania Domenico Tedesco’s, Youri Tielemans, Timothy Castagne, De Bruyne, Luciano Spalletti’s, Mattia Zaccagni, Kasper Schmeichel, Rasmus Hojlund, Manuel Neuer, Joachim Andersen, Kai Havertz, Jamal Musiala, Ricardo Rodriguez, Schar, Akanji, Gianluca Scamacca, Remo Freuler’s, Ruben Vargas, RONNY HARTMANN, Gareth Southgate’s, Milan Skriniar, Denis Vavro, Lobotka, Francesco Calzona’s, David Strelec, Jude, Harry Kane, Peter Pekarik, Michel Aebischer, Aebischer, Kwadwo Duah, Hungary’s, Dominik Szoboszlai, Roland Sallai, Willi, Adam Buksa, Nathan Ake’s, Alex Livesey, Bull, Rangnick’s, Baumgartner, Marko Arnautovic, Nicolae Stanciu, Razvan Marin, Denis Dragus, Shaun Botterill, Neuer, Robert Andrich, Jonathan Tah, Antonio Rudiger, Ilkay, Steven Bergwijn, Xavi Simons, Netherlands ’, Stefan de Vrij, Virgil van Dijk, Fabian Ruiz, Rodri, Fabian, Lukas Haraslin, Hancko, Andriy Yarmolenko, Mykhailo Mudryk —, Oleksandr, Mykola Shaparenko, Shaparenko, Denmark Christian Eriksen, Jonas Wind, Eriksen, Benjamin Sesko’s, Kasper Hjulmand’s, Erik Janza’s, Carl Recine, Antonin Barak’s, Tomas Soucek —, Hungary’s Barnabas Varga, Kevin Csoboth, De Bruyne’s, N’Golo, Aurelien Tchouameni, Didier Deschamps ’, — Theo Hernandez, Jules Kounde —, Francisco Conceicao’s, Ruben Dias, Gabriel Bouys, Croatia hadn’t, Unai Simon, Nicolo Barella, Alessandro Bastoni, Rey Manaj, Havertz, Florian Wirtz, Musiala, Ryan Porteous, Scott McTominay, Tony Ralston’s, Xherdan, Kose, Bernardo Silva’s, Samet, Cristiano Ronaldo, Sesko, Diogo Costa’s, Torsten Silz, Alexander Bah, Ruslan Malinovskyi, Kylian, Ousmane Dembele, Deschamps ’, England’s, Pierre, Emile Hojbjerg, Morten Hjulmand, Marc Guehi’s, Alex Grimm, Maximilian Wober, Spain Luis de la, Dani Olmo, Ferran Torres, Marvin, Let’s, Mark Carey, Michael Cox, Michael Regan – Organizations: Golden, Memphis, UEFA Nations League, Albania, Spain, Italy, Getty, Georgia, Hungary, Croatia, Real Madrid, Denmark, Milan, Bologna, Poland, olimpico, Dumfries, Georgia openign, Valencia, Ukraine, Manchester United, Portugal, …, Turkey, B, Slovenia AET, Danish, England, Calzona, Serbia, Michael Regan – UEFA, UEFA Locations: Turkey, Georgia, Kerem, Netherlands, Austria, France, Poland, Portugal, Croatia, Italy, Albania, Pasalic, Gjasula, Spain, Gianluigi Donnarumma, Belgium, Slovakia, Doku, Slovenia, Serbia, Republic, Czech Republic, Switzerland, Germany, Romania, Youri, Modric, Denmark, England, Hungary, Dumfries, Ukraine, Ilkay Gundogan, Gakpo, AFP, Scotland, Samet Akaydin, Altay, Romanian

☆ Opinion: The real loser in the first presidential debate
▼ + stars: | 2024-06-28 | by ( Opinion Cnn Contributors | ) edition.cnn.com time to read: +28 min

CNN —CNN Opinion asked political contributors to weigh in on the first presidential debate of the 2024 race. On the other hand, President Joe Biden did not meet expectations and may have increased concerns about his age and ability to lead for another four years. Debates are always more about style than substance, and President Joe Biden’s style was simply awful. Did President Joe Biden come off as a leader or a loser? And yes, the visuals in this first presidential debate of the cycle were phenomenally important.

Persons: Ana Marie Cox, Joe Biden’s, Donald Trump, Biden, Ana Marie Cox Faith Fonseca, Trump, mumbling, I’m, Shermichael Singleton, Joe Biden, Paul Begala, ” “, ” Paul Begala, meandered, —, Republicans — Biden, Bill Clinton’s, Clinton, Jeff Yang, Jeff Yang CNN, — Biden, Joe, Bruce, ”, “, ” Patrick T, Brown, Biden’s, Dobbs, Roe, Wade, Patrick T, CNN’s Dana Bash, David Mark, there’s, Kamala Harris, Harris, Nikki Haley, ” Geoff Duncan, Geoff Duncan Alex Slitz, Geoff Duncan, Peter Bergen, Abu Bakr al, General Qassem Soleimani, It’s, ” Susanne Ramirez de Arellano, Susanne Ramirez de Arellano Frank Moya, Biden “, ” Trump, Susanne Ramirez de Arellano, Roxanne Jones, Democrats — Biden, Nobody, Jones, Lanhee J, Chen, Chen Lanhee J . Chen, David, Diane Steffy, Romney, Ryan Organizations: CNN, Democratic Party, Biden, Trump, “, Global, Democrats, ” Paul Begala CNN, Republicans, Democratic, sonics, Public Policy Center, Economic, Republican, South Carolina Gov, Democratic National Convention, Washington, Peter Bergen CNN, US Border Patrol, ISIS, Islamic, Guards, Force, Walmart, New America, Capitol, New, Arizona State University, Social Security, Medicare, UCLA, Politics Initiative, America, Tonight, Univision Puerto Rico, ESPN, New York Daily News, Philadelphia Inquirer, Public Policy, Hoover Institution Locations: Texas, Austin, America, Asian America, Washington , DC, bravura State, Canada, Abu, Uzbek, Manhattan, El Paso , Texas, New America, United States

☆ Key Fed measure shows inflation rose 2.6% in May from a year ago, as expected
▼ + stars: | 2024-06-28 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

May marked the lowest annual rate since March 2021, which was the first time in this economic cycle that inflation topped the Federal Reserve's 2% target. An important economic measure for the Federal Reserve showed Friday that inflation during May slowed to its lowest annual rate in more than three years. Including food and energy, headline inflation was flat on the month and also up 2.6% on an annual basis. Outside of the inflation numbers, the Bureau of Economic Analysis report showed that personal income rose 0.5% on the month, stronger than the 0.4% estimate. Shelter-related costs have proven stickier than Fed officials have anticipated and have helped keep the central bank from reducing interest rates as expected this year.

Persons: Dow Jones, Seema Shah Organizations: Dow, Commerce Department, Federal, Asset Management, Gross, Atlanta Fed Locations: PCE

☆ A Plummeting Murder Rate Stuns Boston. But Can It Survive the Summer?
▼ + stars: | 2024-06-27 | by ( Jenna Russell | ) www.nytimes.com time to read: 1 min

When city leaders in Boston set out last spring to renew their focus on violence prevention, they set a modest goal: reduce homicides by 20 percent in three years. Yet the longer the quiet has persisted, the more pressure the city has felt to sustain it. As summer set in with a blistering heat wave, anxiety rose. Will a seasonal uptick in violence shatter the preternatural calm? “But we are doing so many things, and hopefully it is having an impact.”

Persons: Luck, We’re, ” Michael Cox Organizations: Boston Locations: Boston

☆ Why soccer players are demanding change to a calendar that has left them ‘at the limit’
▼ + stars: | 2024-06-27 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +10 min

FIFPRO‘An industry-wide issue’European club teams are preparing for a revamped UEFA Champions League – the most prestigious competition in European club soccer – which will see teams play at least an additional two games. Manchester City hoist the Club World Cup trophy in December 2023. Conflict between national teams and clubs over minutes could arise, star players could see the field less and league structures would have to change. Over 40% of World Cup players surveyed by Football Benchmark said that they experienced extreme or increased mental fatigue after the tournament. Instead, it’s the calendar and consultation process that need to change for those in the game.

Persons: England CNN —, “, Maheta Molango, ” Molango, Amr Abdallah Dalsh, ”, Javier Tebas, Molango, Vinícius Júnior, Ballon d’Or, Ronaldinho, Jude Bellingham, Florencia Tan Jun, Wayne Rooney –, –, David Beckham, Takumi Minamino, Simon Brundish, Harry Kane, Kylian Mbappe, Brundish, ” Brundish, Kevin C, Cox, David Terrier, ’ That’s, Richard Masters, you’re, Umberto Calcagno, FIFPRO, Jorge Mas, Lionel Messi, Henry Winter Organizations: England CNN, FIFPRO, ’ Association, PFA, CNN Sport, UEFA, League, FIFA Club, Manchester City, Reuters, La Liga, FIFA, des, Associazione Italiana Calciatori, CNN, Super League, Copa, Champions League, Vinícius, Madrid, Bellingham, Manchester United, Japan, French, AS Monaco, Sports, France, Football Benchmark, Premier League Chief, AIC, Inter Miami Locations: London, England, Wales, U.S, Canada, Mexico, Manchester, Europe, Real Madrid, Brazil, Bellingham, Qatar

☆ Khvicha Kvaratskhelia relishes ‘best day’ in Georgians’ lives after Euro 2024 upset – and gets prize of Ronaldo shirt
▼ + stars: | 2024-06-27 | by ( Ben Church | ) edition.cnn.com time to read: +4 min

“This is the best day in the lives of Georgians,” Kvaratskhelia told reporters after the game, per Reuters. But I think this is why we’re a strong team.”Cristiano Ronaldo shakes hands with Khvicha Kvaratskhelia as he was substituted off in the second half. Ronaldo encouragementVideos on social media showed the team’s excitement in the locker room, with Kvaratskhelia wearing Ronaldo’s shirt. Five-time Ballon d’Or winner Ronaldo had been frustrated for much of the match but had given his shirt to an emotional Kvaratskhelia following the defeat. The Napoli forward also spoke to his childhood hero before the match and said Ronaldo had wished him luck.

Persons: CNN —, Cristiano Ronaldo, Georges Mikautadze, ” Kvaratskhelia, ” Cristiano Ronaldo, Khvicha Kvaratskhelia, Kevin C, Cox, David Webb, “, Willy Sagnol’s, Webb, ” Webb, Ronaldo, Ballon d’Or, Kvaratskhelia, ”, “ We’ve Organizations: CNN, Crusaders, Portugal, Reuters, CNN Sport, – Wales, Napoli, Georgian Locations: Georgia, Kvaratskhelia, Gelsenkirchen ., Tbilisi, Portugal, Wales, Iceland, Spain

☆ There's a big Fed inflation reading coming Friday. Here's what to expect
▼ + stars: | 2024-06-27 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

There could be some pretty good inflation news on the way from the Commerce Department when it releases a key economic report Friday. If that date rings a bell, it's when core PCE first passed the Fed's coveted 2% inflation target during this cycle. Should the core PCE price forecasts transpire, it will serve as a milestone of sorts. "We are in line with [the forecast] that the PCE core pricing data will come in soft," said Beth Ann Bovino, chief economist at U.S. Bank. In addition to the inflation numbers, the Commerce Department at 8:30 a.m.

Persons: Dow Jones, Beth Ann Bovino, It's, pocketbooks, Lisa Cook, Cook, Bovino Organizations: Commerce Department, Federal Reserve, U.S . Bank, Fed Locations: Brooklyn , New York

☆ With a MAGA win and a Squad loss, the political middle moves
▼ + stars: | 2024-06-26 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +7 min

So it would be an oversimplification to say that Republicans moved more MAGA and Democrats moved more moderate based on these two unrelated races. Former President Donald Trump personifies MAGA, and a large part of the Make America Great Again ethos he pushes is loyalty to him. That primary voters did not hold the spending against Latimer, as progressives argued they should, also reminds me that voters (especially Democrats) in presidential cycles tend to be cautious. Utah went its own wayWhile Boebert’s victory provides a foil for Bowman’s loss, it was far from a perfect night for more MAGA Republicans. It’s a shame that primary voters are becoming the de facto general election voters in states and districts that lean heavily to one side or the other, according to former Indiana Gov.

Persons: Lauren Boebert, MAGA, Jamaal Bowman, Donald Trump personifies MAGA, Joe Biden, Biden, Bowman, Boebert, Ken Buck, Trump, Israel, CNN’s Gregory Krieg, George, Latimer, that’s, You’ll, Dave Williams, Jeff Crank, Sen, Mitt Romney, John Curtis, Curtis, Spencer Cox, Cox, Mitch Daniels, trifecta, Daniels Organizations: CNN, Republican, Democratic, Republicans, vaping, Rep, Israel Jewish voters, Trump’s, Westchester, AIPAC, American Israel Public Affairs Committee, Fox News, MAGA Republicans, GOP, Trump, GOP Senate, Gov, Associated Press, Indiana Gov, The Washington Post Locations: Colorado, Bronx, Westchester County, New York, Gaza, Israel, Westchester, Utah, The

France could only come second in Group D at Euro 2024 after a 1-1 draw with Poland in Dortmund. AdvertisementThe second half started in a similar manner, before a penalty in the 56th minute — scored by Kylian Mbappe, in his mask — gave France the lead. The theme continued in the second half as Skorupski was initially a match for everything that France threw at him, making seven saves in total. It took a penalty to finally beat him — Jakub Kiwior brought down Dembele and Mbappe sent Skorupski the wrong way. The other half, which awaited the team who finished second in Group D, has some of Euro 2024’s form teams — Portugal, Spain and Germany.

Persons: Didier Deschamps ’, Lukasz, Kylian Mbappe, —, Robert Lewandowski, Nick Miller, Michael Cox, Andy Jones, Elias Burke, Charlie Scott, It’s, Olivier Giroud, Antoine Griezmann, Bradley Barcola, Ousmane Dembele, Catherine Ivill –, Skorupski Wojciech Szczesny, Lukasz Skorupski, Szczesny, Skorupski, Lukasz Fabianski, Ina Fassbender, Theo Hernandez, — Jakub Kiwior, Mbappe, Mike Maignan, Marco Guida, Upamecano, Karol Swiderski, Lewandowski, Maignan, ’, Robert Lewandowski’s, Mike Maignan’s, Marco Steinbrenner, Kylian, N’Golo Kante, Marcus Thuram, Franck Fife, Ralf Rangnick’s Austria, Germany Charlie Scott Organizations: Poland, Bologna, League, Serie, Getty, Bayern Munich, Milan ’, France, Getty Images, Austria Locations: France, Dortmund, Poland, AFP, Germany, Swiderski, Netherlands, Austria, Friday’s, Berlin, Italy, England, Belgium, Portugal, Spain, Romania, Slovakia, Ukraine

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