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U.S. President Joe Biden delivers remarks on extreme weather at the D.C. President Joe Biden suggested to Democratic governors that he may limit evening events after 8 p.m. so he can get more sleep, according to two sources familiar with the exchange. Normal presidents strike a balance, and so does Joe Biden," campaign spokesman Kevin Munoz said in a statement. "That was the Joe Biden I remember from two weeks ago. That was the Joe Biden that I remember from two years ago.

Persons: Joe Biden, Biden, he'd, Gavin Newsom, Newsom, Bush, Obama, Kevin Munoz, Donald Trump, Debbie Dingell, He's, Scott Peters, Peters, Dingell Organizations: D.C, Emergency Operations Center, Democratic, NBC News, The New York Times, California Gov, White House, ABC News, MSNBC, CBS, Democrats Locations: Washington , U.S, California, Michigan, United States

☆ Small-cap stocks are lagging in 2024, but investors shouldn’t avoid them, says portfolio manager
▼ + stars: | 2024-07-03 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

In a year when the S & P 500 is touting a 15.5% advance, small-cap stocks look underwhelming – but investors shouldn't shy away from them, said Julie Biel, chief market strategist at Kayne Anderson Rudnick. "I don't think you want to avoid them — they're part of a balanced diet," said Biel, who is also a portfolio manager at the firm. The benchmark small-cap index Russell 2000 is up roughly 1% year to date, whereas the S & P 500 has rallied almost 16%, largely thanks to the strength of Nvidia and other megacap tech stocks. The S & P 400 mid-cap index has also fallen short of its large-cap counterpart, up a modest 5% in 2024. Biel herself manages a small- and mid-cap growth portfolio and takes a long-term investment approach.

Persons: Julie Biel, Kayne Anderson, Biel, Russell, Ryan Organizations: Nvidia, Russell, Isaac, Ryan Specialty, IFS, West Pharmaceutical Services Locations: Biel

☆ Biden Campaign Memos Show Efforts to Calm Concerns
▼ + stars: | 2024-07-03 | by ( Nicholas Nehamas | More About Nicholas Nehamas | ) www.nytimes.com time to read: +1 min

The Biden campaign sent out a pair of memos on Wednesday — one to staff members and another to Congressional Democrats — attempting to quell concerns about President Biden’s struggling re-election effort as a growing chorus of Democrats publicly vented its frustrations and fears that he could lose in November. The memos, obtained by The New York Times and first reported by Politico, highlighted internal polling that showed a close race between Mr. Biden and Donald J. Trump, as well as Mr. Biden’s strong June fund-raising. “Our internal battleground toplines from last night show a steady race: we estimate that we’re down just 1 point in margin,” Jennifer O’Malley Dillon, the Biden campaign chair, and Julie Chavez Rodriguez, the campaign manager, wrote in the memo to campaign staff members. Two House Democrats have publicly said they believe Mr. Biden will be defeated in November. Another called for him to drop out of the race.

Persons: Congressional Democrats —, Biden’s, Biden, Donald J, Trump, Jennifer O’Malley Dillon, Julie Chavez Rodriguez, Mr Organizations: Biden, Congressional Democrats, The New York Times, Politico, Democrats

☆ Vice President Kamala Harris' past donors privately strategize in case Biden drops out
▼ + stars: | 2024-07-03 | by ( Brian Schwartz | ) www.cnbc.com time to read: +8 min

U.S. Vice President Kamala Harris gives the commencement address at the commencement ceremony for graduates of the U.S. Air Force Academy in Colorado Springs, Colorado, U.S., May 30, 2024. There's also discussion among Harris confidants about the need to begin scheduling meetings for the vice president with some of the biggest donors in the Democratic Party if Biden drops out, these people explained. A White House spokeswoman for Harris and Biden campaign representatives did not return requests for comment. "To be clear, Vice President Harris is a badass. PredicIt, which allows people to make bets on political events, now puts the vice president in a close second to Biden.

Persons: Kamala Harris, Harris, Julie Chavez Rodriguez, Biden, Joe Biden, There's, Harris confidants, Donald Trump's, Bill Barr, Jeff Sessions, Brett Kavanaugh, Trump's, Kamala, Trump, Dmitri Mehlhorn, Reid Hoffman, Mark Kelly, Andy Beshear, Roy Cooper, Josh Shapiro, Andrew Bates, Susan Lowenberg's, there's, Lloyd Doggett, Nancy Pelosi, Jim Clyburn, Pelosi, PredicIt, PredictIt, Gavin Newsom Organizations: U.S . Air Force Academy, Commission, Democratic National Convention, Biden, Democratic, White, Democratic Party, Black, Ukraine, Trump, CNBC, New York Times, CNN, NBC News, San Francisco, Former, MSNBC, California Gov Locations: Colorado Springs , Colorado, U.S, Chicago, Germany, Iowa, California, San Francisco, Texas

☆ Extreme heat is affecting workers this summer. New federal rules would require bosses to provide rest, water, and shade.
▼ + stars: | 2024-07-02 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +8 min

"Notably, acclimatization is the leading killer among the different factors related to heat illness," a senior administration official said. AdvertisementA senior administration official said OSHA's proposal, if finalized, would apply to all states including Texas and Florida. AdvertisementA senior administration official said OSHA's proposal is similar to standards that have been successful in those states. A senior administration official said OSHA will review state plans to ensure they are at least as effective as the federal rules. A senior administration official said OSHA also convened a national advisory committee of construction representatives comprised of management and labor interests.

Persons: —, Biden, Donald Trump, Julie Su, it's, it's it's, acclimatization, Greg Abbott, Critics, Abbott, Su, she's, who've, She's Organizations: Service, Workers, Business, Occupational Safety, Health Administration, Republican, National Weather Service, Bureau of Labor Statistics, OSHA, Dade, Texas Gov, Houston, Guardian, American Farm Bureau Federation, Construction Industry Safety Coalition Locations: Texas, Florida, Miami, Austin, Minnesota , California, Washington , Oregon, Colorado, California, Washington and Oregon, California , Arizona

☆ Clarence Thomas takes aim at a new target: Eliminating OSHA
▼ + stars: | 2024-07-02 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

Read previewSupreme Court Justice Clarence Thomas has set his sights on eliminating the Occupational Safety and Health Administration. And Thomas, widely considered to be the most conservative justice on the already mostly conservative court, wasn't happy. In a dissent, he explained why he believed the high court should've taken the case: OSHA's power, he argues, is unconstitutional. He argued that if OSHA didn't unconstitutionally grant too much legislative power to an agency, "it is hard to imagine what would." This isn't the first time Thomas has disagreed with his fellow justices to a conservative extreme.

Persons: —, Clarence Thomas, Thomas, should've, Julie A, Su, Labor —, Roe, Wade Organizations: Service, Occupational Safety, Health Administration, OSHA, Business, Labor, Appeals, Circuit, Reuters, Internal Revenue Locations: USA, Ohio, United States, SeaWorld

☆ Gen Z and millennials are going into debt to travel this summer. Remote working may be partly to blame.
▼ + stars: | 2024-07-01 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +5 min

A Forbes Advisor survey of 1,000 Americans who plan to travel in 2024 showed the post-pandemic "revenge travel" boom is in full force, despite rising inflation. The stats weren't surprising to Thomas, who told BI that this new trend could be partly attributed to the rise of remote work. Revenge travel and other loansIt's not just remote and hybrid working that may have contributed to a rise in travel spending. Travel experts previously told BI they had noticed an uptick in clients opting for luxury air travel experiences, from private jets to first-class and premium-class plane tickets. Thomas and financial expert Julie Beckham told BI that young people are likely to be influenced by peers who are showcasing their travel experiences online.

Persons: —, millennials, Zers, Credit Karma, Johannes Thomas, Thomas, Ivan Saprov, Saprov, Oliver Bell, Julie Beckham, Beckham Organizations: Service, Forbes, Business, Credit, Bank of America, BI, KPMG US, Financial Education Development, Rockland Trust Locations: Rockland

☆ Biden's campaign manager told 40 of his top financial backers that the cash in his war chest would largely go to Kamala Harris if he steps aside: report
▼ + stars: | 2024-07-01 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +1 min

Biden's campaign manager had a call with around 40 of his top financial backers on Sunday, NBC reports. Julie Chavez Rodriguez said Biden stepping aside would mean the war chest would get redistributed, per NBC. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPresident Joe Biden's campaign has been pulling out the stops to shore up support for him after his disastrous debate performance on Thursday. According to NBC's Mike Memoli and Monica Alba, Biden's campaign manager, Julie Chavez Rodriguez, had a call with around 40 of Biden's top financial backers on Sunday.

Persons: Julie Chavez Rodriguez, Biden, Kamala Harris, —, Joe Biden's, NBC's Mike Memoli, Monica Alba Organizations: Sunday, NBC, DNC, Service, Business

☆ Cramer's Lightning Round: Powell Industries is 'a good one'
▼ + stars: | 2024-06-28 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Stock Chart Icon Stock chart icon Powell Industries' year-to-date stock performance. Powell Industries : "Another company that does processes and packaging for electricity and distribution...All these companies are on fire, electrical companies, and this is a good one." Stock Chart Icon Stock chart icon DoubleVerify's year-to-date stock performance. Stock Chart Icon Stock chart icon Ares Capital Corporation's year-to-date stock performance. Ares Capital Corporation : "This is a really interesting situation...I have no idea what loans they have...what's inside that company, so I cannot recommend it, even though it has a good yield.

Persons: Capital Organizations: Powell Industries, Ares Capital Corporation

☆ Jim Cramer reviews 10 stocks leading the S&P 500 in the second quarter
▼ + stars: | 2024-06-28 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

CNBC's Jim Cramer on Friday analyzed stocks that helped the S&P 500 reach significant gains this year, highlighting the top ten performers of 2024's second quarter. Many are involved with energy and data centers. "It's incredible, but if you were in alternative energy or the data center you did insanely well this quarter," he said. "It's a reminder that if you waited until this market broadened out… let's just say you missed the biggest winners that propelled the quarter."

Persons: CNBC's Jim Cramer, let's

☆ Biden’s Debate Rattles Even the Most Faithful Democrats
▼ + stars: | 2024-06-28 | by ( Julie Bosman | ) www.nytimes.com time to read: +1 min

Mary Riche, 76, is a devoted member of the Democratic Party faithful. She isn’t an elected politician or a highly paid party operative, but a loyal part of the rank and file who has supported state and national Democrats since the 1970s, hosted fund-raisers in her Iowa home and enthusiastically knocked on doors for candidates. On Thursday night during the first presidential debate of the campaign, she was watching television and texting with her “posse,” a close circle of Democratic friends. “Finally, I just posted the crying emoji,” she said in a coffee shop in Des Moines on Friday. “I was embarrassed that my candidate was appearing as if he was incoherent.

Persons: Mary Riche, isn’t, ”, “, Biden, Donald J, Trump, Mr Organizations: Democratic Party, Democrats Locations: Iowa, Des Moines

☆ 4 key pieces of relationship advice from married psychologists who have worked with 40,000 couples
▼ + stars: | 2024-06-28 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +3 min

Renowned psychologists John and Julie Gottman have interviewed 40,000 couples in quest to find out what makes love last. Through their research at The Gottman Institute, they've learned how successful relationships survive conflict and express affection. In an interview with psychotherapist and bestselling author Esther Perel, The Gottmans said one commonality most successful couples had was their ability to do "repairs." One of the Gottman's most concrete finding is that in successful couples, the ratio of positive to negative interactions during a conflict is five to one. And lo and behold: it was the couples who had maintained at least a five-to-one ratio (or more!)

Persons: John, Julie Gottman, they've, John Gottman, you'll, Esther Perel, didn't, Perel, Joy Organizations: Gottman Institute, TED

☆ Three People in a One-Bedroom Apartment? They Found a Clever Solution.
▼ + stars: | 2024-06-28 | by ( Julie Lasky | ) www.nytimes.com time to read: 1 min

The lower level in Molly Garber and Braden Pierce’s Fort Greene duplex was redesigned with a sleeping niche and a home office. Credit... Kate Glicksberg for The New York Times

Persons: Molly Garber, Braden Pierce’s, Kate Glicksberg Organizations: The New York Locations: Greene

☆ Jim Cramer explains how the market's tone could change if Trump becomes president
▼ + stars: | 2024-06-28 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

In the wake of a contentious debate between President Joe Biden and former President Donald Trump on Thursday night, CNBC's Jim Cramer described how the vibe of the market could change if Trump returned to the White House. Cramer noted that Trump is broadly amiable to gas and oil, pointing to companies like New Fortress Energy and Cheniere . Cramer said as long as he's known Trump, the GOP candidate has had a keen interest in the market. "He loved bantering about the stock market, appeared on this show many times, because even though he was in real estate, he enjoyed stocks," Cramer said. Former President Trump's campaign did not immediately respond to a request for comment.

Persons: Joe Biden, Donald Trump, CNBC's Jim Cramer, Trump, Cramer, bode, Trump's Organizations: Kroger, Albertsons, Capri, New Fortress Energy, Republican, Nike, Starbucks, GOP Locations: China

☆ How is Amazon hurting Walgreens' business? Jim Cramer explains
▼ + stars: | 2024-06-27 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

After Walgreens reported a disappointing quarter on Thursday, CNBC's Jim Cramer told investors why he thinks Amazon is making it hard for the drugstore giant to succeed. "The stock market can be a brutal, brutal, brutal task master. Cramer said Walgreens is more expensive than Amazon and less convenient, adding that there are not enough employees at its stores. He conceded that Walgreens' back-of-store pharmacy business may currently have a slight edge on Amazon. "But they do set out to get the best products with the best values at the most convenient places — the most convenient places meaning your home."

Persons: CNBC's Jim Cramer, Tim Wentworth, Walgreens, Cramer Organizations: Walgreens, Amazon

☆ AeroVironment CEO describes how drones are the future of modern warfare
▼ + stars: | 2024-06-27 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

In a Thursday interview with CNBC's Jim Cramer, AeroVironment CEO Wahid Nawabi described how the defense contractor's drones are used in battle, saying the technology will be a significant part of modern warfare. "The fundamental shift in warfare is that distributed intelligent robotic systems, loitering munitions, small drones — that's what we specialize in — is going to be a much bigger piece of the warfare in the future," he said. Nawabi discussed weapons including the Switchblade 600 — a kamikaze-type drone — and the Puma AE, which is primarily used for surveillance. The former is unique because it is able to "loiter" for 40 minutes to find a target, he said. According to Nawabi, the U.S. Army plans to buy more than a thousand Switchblade 600s as part of the Pentagon's latest initiative.

Persons: CNBC's Jim Cramer, Wahid Nawabi, Nawabi Organizations: Puma, U.S . Army

☆ Agility Robotics CEO on deploying humanoid robots
▼ + stars: | 2024-06-27 | 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 EmailAgility Robotics CEO on deploying humanoid robotsCNBC's Julie Boorstin sits down with Agility Robotics CEO Peggy Johnson to discuss using humanoid robots. NBCUniversal News Group is the media partner of the Aspen Ideas Festival.

Persons: Julie Boorstin, Peggy Johnson Organizations: Agility Robotics, NBCUniversal, Aspen Ideas

Then, peering out over the country’s main political plaza on Wednesday, Bolivia’s top ministers saw the armored vehicles and troops spilling out their doors. Within moments, the president, Luis Arce, addressed his inner circle — “We are facing a coup!” — before heading to the presidential palace to confront, face to face, the general trying to remove him from power. The coup attempt failed, lasting a mere three hours, and ended in the arrest of the general, whose motivation for the attack appeared to be, at least in part, anger over his firing by Mr. Arce the day before. But it was hardly the end of Mr. Arce’s problem, or the challenges facing Bolivia. Mr. Arce, 60, a former finance minister, took office in 2020 during a democratic election that seemed to symbolize a new, more hopeful chapter in a country coming off a period of intense political tumult.

Persons: Bolivia’s, shiver, Luis Arce, Arce Locations: Bolivia

☆ Cramer's Lightning Round: 'Hold on to' Marvell Technology
▼ + stars: | 2024-06-27 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Palantir's year-to-date stock performance. Stock Chart Icon Stock chart icon GameStop's year-to-date stock performance. Stock Chart Icon Stock chart icon Recursion Pharmaceuticals' year-to-date stock performance. Stock Chart Icon Stock chart icon IonQ's year-to-date stock performance. Stock Chart Icon Stock chart icon Marvell Technology's year-to-date stock performance.

Persons: Marvell Organizations: GameStop, Marvell Technology

☆ When Your Building Super Is an A.I. Bot
▼ + stars: | 2024-06-26 | by ( Julie Weed | ) www.nytimes.com time to read: +1 min

The new maintenance coordinator at an apartment complex in Dallas has been getting kudos from tenants and colleagues for good work and late-night assistance. That’s because the maintenance coordinator is an artificial intelligence bot that the property manager, Jason Busboom, began using last year. The bot, which sends text messages using the name Matt, takes requests and manages appointments. The team also has Lisa, the leasing bot that answers questions from prospective tenants, and Hunter, the bot that reminds people to pay rent. assistant: Lisa is professional and informative; Matt is friendly and helpful; and Hunter is stern, needing to sound authoritative when reminding tenants to pay rent.

Persons: Jason Busboom, Matt, Lisa, Hunter, Busboom Locations: Dallas, Cypress Waters

☆ Cramer's Lightning Round: Cassava Sciences is 'speculative'
▼ + stars: | 2024-06-26 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Cassava Sciences : "If they can have something big, that stock triples. If they don't, I think it drifts down. I like that risk/reward, but understand it's speculative."

Members of Bolivia’s military attempted to storm the presidential palace in the capital, La Paz, on Wednesday afternoon, in an apparent coup attempt led by a top general who declared he was leading an effort to “re-establish democracy.”Video on Bolivian television showed security forces in riot gear occupying the country’s main political square, Plaza Murillo, a camouflaged tank ramming into a palace door and soldiers trying to make their way into the palace. Then, just as quickly as they had appeared, the general, Juan José Zúñiga disappeared, and his supporters in the armed forces pulled back and were replaced by police officers supporting the president. The country’s democratically elected president, Luis Arce, even dared to venture into the plaza, after calling on Bolivians “to organize and mobilize against this coup and in favor of democracy.”

Persons: “, Juan José Zúñiga, Luis Arce, ” Locations: La Paz

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☆ Jim Cramer names winning stocks for a more frugal consumer
▼ + stars: | 2024-06-26 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Wednesday said most consumers are not necessarily hurting for cash, but are sick of high prices and on the hunt for bargains. "Let's suspend the notion that the consumer's totally strapped for cash, that's wrong," he said. To Cramer, consumers are flocking to bargain outfits like Walmart and Costco , and he pointed out that the latter's low-cost signature brands are especially appealing. He named TJX , Ollie's , Ross Stores and Burlington Stores , all up year-to-date at 17.83%, 29.54%, 7.48% and 23.05% respectively. "We know apparel inflation has been sticky in the consumer price index, but these four off-price chains are cutting the price of apparel aggressively," he said.

Persons: CNBC's Jim Cramer, Let's, Cramer, TJX Organizations: Walmart, Costco, CVS, Walgreens, Ross Stores, Burlington Stores Locations: Ollie's

☆ Levi's CEO says the 'head-to-toe denim lifestyle' is seeing success
▼ + stars: | 2024-06-26 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

In a Wednesday interview with CNBC's Jim Cramer, Levi Strauss CEO Michelle Gass said the popularity of "top-to-bottom" denim outfits is growing. "Our new focus is, yes, continuing to own jeans, but taking that denim top to bottom," she said. Besides the "head-to-toe denim lifestyle," Gass added other trends like baggier and looser items are on the rise. She said that much of this quarter's success came from the direct-to-consumer business and the women's category. "We see our consumers as being really resilient, and we're excited about the [denim] category," she said.

Persons: CNBC's Jim Cramer, Levi Strauss, Michelle Gass, Gass, there's Locations: U.S

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