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People always ask me why I dislike parabolic moves. In other words, parabolic moves force you to be a trader. I will fight no one who wants to buy Palantir because I sense that one will be the last name to go down. But parabolic moves are intoxicating. If we just had the 10-year bond move to 5%, I wouldn't even bother addressing the hidden dangers behind parabolic moves.
Persons: , it's, Nvidia disappoints, Elon Musk, Robert F, Kennedy Jr, that's, Buffett, Warren, didn't, Fox, Richard Nixon, there's, Jim Cramer's, Jim Cramer, Jim, Alex Karp, Stefani Reynolds Organizations: York Stock Exchange, Nvidia, GameStop, SpaceX, RFK Jr, Health, Human Services Department, Apple, Amazon, Fox News, Republicans, Justice Department, Nuclear ETF, Jim Cramer's Charitable, CNBC, U.S, Senate, Intelligence, Capitol, Washington , D.C, Afp, Getty Locations: There's, Washington, Washington ,
A North Carolina lawmaker is going viral on TikTok after his office allegedly told a female constituent in an email to “move to China” after she raised concerns about the state’s abortion policy. You all are terrible people.”In response, Britt’s legislative assistant Camille McDougald allegedly told the constituent to consider moving to another country. The constituent told NBC News that she is a carrier for a very rare genetic condition with a 50% chance of being passed on to a child. The woman said McDougald’s response made it seem like “they don’t care.”Multiple attempts to reach Britt and McDougald have been unsuccessful. If a life-limiting anomaly is detected, the patient must fill out a consent form before seeking an abortion.
Persons: Sen, Danny Britt, , Donald, Trump, , Camille McDougald, Lindsay Talley, Britt, McDougald Organizations: NBC News, Republican, North Locations: Carolina, China, Russia, Venezuela, North Carolina,
Jared Leopold, a Democratic strategist and former top official at the Democratic Governors Association, noted that while the Democratic governors who ran for president in 2020 were less well known, potential 2028 contenders like Michigan Gov. Gretchen Whitmer, Pennsylvania Gov. “And I also think there’s not going to be as much to be done in the Senate with a deeper minority. Ditto for Shapiro, who has spent the days after the election focused on economic development efforts in his state. Others, like Connecticut’s Chris Murphy and Pennsylvania’s John Fetterman, look interested in shaping a new Democratic approach on myriad issues.
Persons: Kamala Harris ’, Donald Trump, , Joe Biden’s, Jared Leopold, Gretchen Whitmer, Josh Shapiro, Gavin Newsom, JB Pritzker, pushback, , Leopold, Jay Inslee’s, there’s, Trump, Caitlin Legacki, ” Legacki, Newsom, Pritzker, ” Trump, Gavin Newscum ”, ’ ” Newsom, Pritzker —, , ” —, Jared Polis, ” Pritzker, Ezra Levin, Shapiro, Whitmer, Harris ’, “ I’ve, Jocelyn Benson, ” Whitmer, winking —, Ditto, Harris, ‘ I’ve, I’ve, I’m, “ We’re, , Jon Ossoff, Raphael Warnock, Arizona’s Mark Kelly, Ossoff, Sen, Ruben Gallego, Chris Murphy, Pennsylvania’s John Fetterman, Murphy, MAGA, Joe Rogan’s, Fetterman, Wes Moore, Kentucky’s Andy Beshear, Cory Booker, Amy Klobuchar, Pete Buttigieg, Alexandria Ocasio, Ro Khanna, Khanna, he’s, Gen Z, Warnock, There’s, Mark Cuban, ” Leopold, workhorses, Democrats it’s, Al Davis ’, Robby Mook, Hillary Clinton’s, ” Mook Organizations: NBC News, Trump, Democratic, Democratic Governors Association, Michigan, Illinois Gov, Washington Gov, ” “ Governors, White, Capitol, Colorado Gov, Governors, Democracy, Hyatt, Democratic Party, Democratic National Convention, , Gridiron Club, NBC, New York, Democrats ’, Marine, Transportation, New Hampshire —, Pennsylvania Democrat, Cuban, Democrats, Oakland Raiders Locations: Pennsylvania, California, Trumpism, Illinois, Michigan, ” Michigan, Washington ,, Arizona, Sens, Cortez, New Hampshire, Washington, Cuban
A woman told the House Ethics Committee that she saw Matt Gaetz, who is President-elect Donald Trump’s pick for the U.S. attorney general, have sex with a minor, her lawyer said Friday. “My client testified to the House Ethics Committee that she witnessed Rep. Gaetz having sex with a minor at a house party in Orlando in 2017,” Joel Leppard said. Then-Rep. Matt Gaetz, R-Fla., on Capitol Hill, on April 30. Chip Somodevilla / Getty Images fileLeppard said the woman he represents testified before the House Ethics Committee in April. A House Ethics Committee investigation was launched in April 2021.
Persons: Matt Gaetz, Donald Trump’s, , ” Joel Leppard, Chip Somodevilla, Leppard, ” Leppard, “ Merrick, Garland, Gaetz, reauthorized, Mike Johnson, Trump Organizations: U.S, Republican U.S, Wednesday, Trump, Capitol, NBC News, ABC News, Florida Panhandle, Department of Justice, Republican, Republican Senate Locations: Orlando, Florida’s, Florida
A convicted identity thief who admitted to posing as a nurse in Virginia nearly a decade ago is accused of impersonating nurses in at least two hospitals in Southern California this year, authorities said. Porter, who does not have a nursing license, was charged with identity theft, false impersonation and grand theft, the department said. Prior to her arrest in that case, the department said, Porter was in custody over similar allegations linked to a hospital in nearby Santa Clarita, California. During her first five shifts at the hospital, she was under the supervision of a training nurse, the facility said. The hospital added that Porter, who is not named in the hospital's statement, was under the supervision of a nurse and there was no indication of compromised care.
Persons: Amanda Porter, Porter, Henry Mayo Organizations: Angeles County Sheriff's, Social, Ford, Providence Saint Joseph Medical, Hospital, Henry Mayo Newhall Hospital, Burbank Locations: Virginia, Southern California, Burbank, Santa Clarita , California, Angeles County, New York, Norfolk, Santa Clarita
After college, he got a job at a Big 4 consulting firm, but his childhood dream was to make manga. He found success on platforms like Webtoon and ultimately quit his finance job to write full time. WEBTOONI published my first novel when I was 17I started working on writing my first novel when I was 14. I convinced my parents that my webcomic career was sustainableI finally quit my finance job in May 2021. They see everything I'm doing and my passion.
Persons: Brandon Chen, I'm, WEBTOON, , I'd, COVID, Tezuka, it's, Kentaro Miura Organizations: Productions, Big, New York Comic Con, NYU, KPMG, Webtoon Locations: New York City, Instagram, Japan
Turns out America elected Elon Musk, too
  + stars: | 2024-11-16 | by ( Peter Kafka | ) www.businessinsider.com   time to read: +6 min
Now that Trump has won, Musk is seemingly attached to him — in public and behind the scenes. At the moment, it also looks like they've elected Elon Musk. And Musk is relentlessly promoting Trump on Twitter, the site he bought in 2022 and renamed X. Related storiesPresident-elect Trump on Elon Musk: "He likes this place. He first floated the idea of having Musk run a government efficiency office in early September, but it wasn't a focus of his rallies and pitches.
Persons: Trump, Musk, we've, Donald Trump, they've, Elon Musk, there's, Vivek Ramaswamy, that's, Vladimir Putin, Volodymyr Zelenskyy, He's, can’t, I'm, It's, We've, David Nasaw, tycoons, William Randolph Hearst, Andrew Carnegie —, Trump's, Kamala Harris, Vance, Tim Walz, — I've, haven't, Tesla, Esther Crawford, Theodore Roosevelt, Hearst, Franklin Roosevelt Organizations: Elon, Trump, Department of Government, Twitter, New York Times, Times, United Nations, Mar, City University of New York Graduate Center, Musk, US, SpaceX, Carnegie Locations: Iran, Trump's Florida, Texas, Mexico, Florida, Madison
AdvertisementDon Saladino, a personal trainer to celebrities, said he's in the best shape of his life at 47. His training regime includes strength and interval training, and hockey. If he can fit a fifth lifting day into his week, Saladino does accessory movements such as arm exercises and ab interval work. AdvertisementPlaying hockey for funDon Saladino (second from left) plays hockey twice a week. Lars Niki/Getty ImagesSaladino plays hockey twice a week, often at 6:30 a.m., he said.
Persons: Don Saladino, he's, Saladino, Ryan Reynolds, Blake Lively, Sebastian Stan, Anne Hathaway, Lars Niki Organizations: Navy, Research Locations: New York
Iran ‘categorically denies’ UN envoy met Elon Musk
  + stars: | 2024-11-16 | by ( Mostafa Salem | ) edition.cnn.com   time to read: +2 min
The New York Times reported the meeting took place earlier this week, citing two Iranian officials. But Iran’s foreign ministry spokesperson Esmaeil Baghaei “categorically denied” that a meeting took place and was “surprised” by the coverage in US media, state-run IRNA said. CNN has reached out to Musk, Trump’s transition team and the Iranian mission at the UN for confirmation of the meeting. Just last week, the day after the presidential election, Musk joined Trump’s call with Ukrainian President Volodymyr Zelensky, according to two sources. Trump announced Tuesday that Musk and Vivek Ramaswamy will lead a new “Department of Government Efficiency” in his second administration.
Persons: CNN —, Elon Musk, Donald Trump, Esmaeil Baghaei “, , IRNA, Amir Saeid Iravani, Musk, Volodymyr Zelensky, Trump, Zelensky, Vivek Ramaswamy, Government ”, , Republicans – Organizations: CNN, United Nations, Elon, The New York Times, The Times, UN, Trump, “ Department, Government, NASA, Republicans Locations: Iranian, New York, Starlink, Ukraine, Russia, Government
Insider Today: Protein pro tips
  + stars: | 2024-11-16 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com   time to read: +7 min
I'd call it No Meet Week and use that time to catch up on my ever-growing to-do list, ideate, and edit. After I introduced No Meet Week to my team, one manager said she'd like to participate too, and soon, I extended it to my entire team. AdvertisementNext week, at Business Insider, we're bringing No Meet Week back, and I can't wait to use that time to finish my Q4 strong. Quitting protein powderRachel Hosie tried to hit her protein target while avoiding ultra-processed food. For one week, Hosie attempted to hit her daily protein goal of 110 to 130 grams without consuming ultra-processed foods like protein bars.
Persons: could've, Jenny Chang, Rodriguez, I'm, Jensen Huang doesn't, she'd, iStock, Rebecca Zisser, they're, Rachel Hosie, Boris SV, Tyler Le, Hosie, Jean Paul Gaultier, Monica Humphries, Jay Maidment, Marvel's, Ryan Reynolds, Hugh Jackman, Dan DeFrancesco, Grace Lett, Lisa Ryan, Amanda Yen Organizations: Business, Nvidia, Microsoft, Getty, Century Studios, Marvel Studios, Apple, Smart, Black Locations: Tanzania, New York City, New York
We've compiled everything you need to know about how to watch UFC 309, including live streaming information and a sneak peek at the fight card. How to watch UFC 309 in the USUFC 309 live streams on ESPN Plus in the US. Fortunately, for those without an existing annual ESPN Plus subscription, there are a few solid opportunities for savings. Check price at ESPNWhere to watch UFC 309 everywhere elseUFC's reach is pretty widespread, so most other countries will also be able to access events. Check price at ExpressVPNHow to watch UFC 309 with a VPNSign up for a VPN if you don't already have one.
Persons: Jon Jones, Stipe Miocic, Jones, Ciryl Gane, Stipe, Miocic, Charles Oliveira, Michael Chandler, VPNs, ExpressVPN, Bo Nickal, Paul Craig, Viviane Araujo, Karine Silva, Mauricio Ruffy, James Llontop, Jonathan Martinez, Marcus McGhee, Chris Weidman, Eryk Anders, Jim Miller, Damon Jackson, David Onama, Roberto Romero, Marcin Tybura, Jhonata Diniz, Mickey Gall, Ramiz Brahimaj, Bassil Hafez, Veronica Hardy, Eduarda Moura Organizations: Business, UFC, New, ESPN, ESPN Plus, TNT Sports, Discovery, Elliott Locations: Madison, New York City
JD Vance is a man of many careers: attorney, author, senator, vice president-elect, and, perhaps less well-known, venture capitalist. For about six years between graduating from law school and becoming a United States senator from Ohio, Vance held various positions in the space before eventually starting his own fund, Narya Capital. Vance co-founded Narya Capital in 2019After two years, Vance broke out on his own, cofounding Narya Capital in 2019 with investments from Thiel, former Google CEO Eric Schmidt, and VC veteran Marc Andreessen. According to his vice president and senate disclosure forms, he has a stake in Narya Capital Fund I, Narya Capital Fund II, and Rise of the Rest Seed Fund. AdvertisementHis stake in Narya Capital Fund I is worth between $500,001 and $1 million.
Persons: JD Vance, Vance, doesn't, Peter Thiel's, Steve Case's, Boston —, Thiel, Eric Schmidt, Marc Andreessen, Narya, Vivek Ramaswamy's, Nayra, Luke Schroeder Organizations: United, Narya, Mithril, Narya Capital, cofounding, II, Narya's Capital, US Space Force Locations: United States, Ohio, New York, Silicon Valley, Boston, Narya, ValueBase, PitchBook
"I just thought [Too Good To Go] was the most genius app, and I loved the concept," she says. "[Food waste] a massive, massive issue, and it's important that we solve it fast," Lykke says. Conviction to stay the courseToo Good To Go, which has nearly $158 million in investment funding, isn't the only for-profit company trying reduce food waste. Some app users like Niles, the dumpster diver in Brooklyn, worry that Too Good To Go "greenwashes" the issue of food waste, giving users false impressions of environmental responsibility. But if every food retailer in the U.S. used a similar markdown mechanism, they'd save one million tons of food annually, according to calculations by Chicago-based nonprofit ReFED.
Persons: David Niles, Niles, He's, Mette Lykke, it's, Thomas Bjørn, Stian Olesen, Klaus Bagge Pedersen, Brian Christensen, Adam Sigbrand, Lykke, Armour, Susan Prunty, Dana Gunders, That's, ReFED Organizations: CNBC, Bank, Venture Locations: Brooklyn , New York, U.S, Copenhagen, Europe, North America, Australia, United States, Medford , Oregon, Brooklyn, Chicago
Editor’s note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Launch of the Airbus A321XLRIt’s slim, it’s sleek, it has a third fuel tank, and it’s ready to open up unexplored long-haul routes. Iberia’s 182-seat plane is the world’s longest-range single-aisle commercial aircraft, with a range of up to 4,700 nautical miles (a little over 5,400 miles). In Italy, the historic city of Florence is banning key boxes used by short-term rental landlords and loudspeakers used by tour guides. The planes used for the world’s longest nonstop commercial flights – between Singapore and New York – are getting a makeover.
Persons: Miquel Ros, Joanna McIsaac, Ed Kierklo, , Donald Trump Organizations: CNN, Airbus, Spain’s, Irish, Aer Lingus, Aviation, Singapore Airlines, Trump Locations: overtourism, Florence, California, France, Spain’s Iberia, Madrid, Boston, New York, Istanbul, Dublin, Ireland, Nashville, Indianapolis, Iberia, Italy, Venice, Lisbon, Indonesian, Bali, Europe, Singapore, CNN California, Afghanistan, Paris, Japan
We broke up in college, married different people, and got divorced at the same time. When I posted on social media that I was going through a divorce, Dan, my college sweetheart, messaged me asking if we could talk on the phone. On the phone, Dan apologized for breaking up with me through a text message back in 2002 during my junior year of college. Coincidentally, I was going to college in New York City, and he was studying aviation on Long Island, so our campuses were a quick train ride apart. Dan was shy and more serious; he wasn't interested in going to a Roman-themed college party like I was.
Persons: Dan, messaged, wasn't Organizations: Penn Station Locations: Syracuse , New York, New York City, Long, Maine, New York, Houston, Chicago, Dallas, New Orleans, Texas
Now, ValueAct has engaged another titan of the market, Meta Platforms, announcing an approximately $1 billion dollar position in the company. With the stock price up about 56% in 2024, ValueAct still sees significant untapped value in Meta. ValueAct has shown at Microsoft and Salesforce that it is very good in helping companies trim fat and build muscle. The AI spending, while concerning to some in the market, can be the muscle that strengthens Meta's core FoA business. It should more than justify Meta's AI spend.
Persons: ValueAct, Mason Morfit, Mark Zuckerberg, OpenAI's GPT, Meta, Martha Stewart Living, Ken Squire Organizations: Reality Labs, Facebook, Microsoft, Meta, RL, Spotify, OpenAI, Adobe, New York Times, Expedia, Century Fox, KKR, 13D Locations: Salesforce
A customer visits Macy's Herald Square store in New York City during early morning Black Friday sales, Nov. 24, 2023. Consumers are increasingly concerned that their online orders may not arrive in time for the holiday — and rightfully so. What discounts to expect on Black Friday"You are easily going to see 20% to 30% off," Davis said — but "not necessarily storewide." What not to buy on Black FridayTypically, Black Friday is a great time to find rock-bottom prices on fall clothing — including flannels, denim, coats and accessories — as well as televisions and consumer electronics. Travelers can check out Travel Tuesday deals from 2023 to get an idea of what to expect this year.
Persons: Kena Betancur, Patrick Kelleher, Lauren Beitelspacher, Beitelspacher, we've, Davis, Lululemon, Woroch Organizations: Macy's Herald, Consumers, DHL Supply, North, CNBC, Babson College, Nike, Day, Labor Locations: New York City, North America
Americans paid a whopping $47,612 on average for a new car in October, according to data from Edmunds. That means new car prices have risen much faster than most goods and services. But much of the reason Americans are paying nearly $50k for a car is that automakers decided to go all-in on expensive cars. The combination of higher interest rates and higher car prices, along with the biggest average loans ever taken out to buy them, lifted the average monthly car payment to $742 in October. And that would make every car built in America more expensive, because no vehicle is made with 100% American parts.
Persons: New York CNN — It’s, That’s, Buyers, , Ivan Drury, , didn’t, Charlie Chesbrough, Drury, , ” Drury, Donald Trump, Jeff Schuster, GlobalData, They’re Organizations: New, New York CNN, Cox Automotive, Nissan, Infiniti, General Motors, Ford, Jeep, Dodge, Chrysler, GM, Federal Reserve Locations: New York, Edmunds, American, United States, Stellantis, Mexico, America
CNN —President-elect Donald Trump is set to make his return to Madison Square Garden on Saturday night, visiting the New York City landmark arena for an Ultimate Fighting Championship event. Dana White, the UFC president, is a long-time friend of Trump. White also attended Trump’s victory party in Palm Beach last week, where the president-elect discussed helping White secure venues early in his mixed martial arts enterprise’s existence. “He’s the most resilient, hard-working men I’ve ever met in my life,” White said of Trump there. However, CNN’s exit polls showed Trump bested Vice President Kamala Harris with Latino men nationally, and he won the Keystone State.
Persons: Donald Trump, revel, Dana White, Trump, , , I’ve, ” White, White, Trump’s, Tony Hinchcliffe, Kamala Harris Organizations: CNN, Madison, New, UFC, Republican National Convention, Trump, Keystone State Locations: New York City, Milwaukee, Palm Beach, Madison, Puerto Rico, Pennsylvania, Puerto Rican
Learn more about the dark saga of Sante and Kenneth Kimes in the latest episode of “How It Really Happened,” airing Sunday at 10 p.m. As investigators dug deeper they learned that “Manny Guerrin,” the name Kenneth Kimes gave Silverman when he rented the apartment, did not exist. In a 2000 interview with CNN’s Larry King, Sante Kimes called their arrest a witch hunt, saying they were victims of mistaken identity. Kenneth Kimes Sr. pleaded guilty to a lesser charge, but Sante Kimes went to prison in 1985. When he or other people called for Kenneth Sr., Sante Kimes would say he was traveling, in the shower or had laryngitis, he said.
Persons: Sante, Kenneth Kimes, CNN — Irene Silverman, he’d, Silverman, , Kimes, Kenneth Kimes ., , ‘ ” Kenneth Kimes, , . Silverman, , Thomas Ryan, Irene Silverman, who’d, “ Manny Guerrin, Sante Kimes, Nassau . Kent Walker, Mike Albans, CNN’s Larry King, “ Kimes, Irene Silverman's, Stuart Ramson, Elizabeth Taylor, , didn’t, Kenneth Kimes Sr, Santa Barbara, Kenneth Sr, Richard J, Suge Knight, Lyle, Erik Menendez, ” Sante, he’s, he’ll, I’ve Organizations: CNN, Getty, Radio City, New York City Police Department, New York City, Lincoln Town Car . Police, Police, Los Angeles International Airport, Lincoln, FBI, NY Daily, University of California, Donovan Correctional Locations: New York City, Los Angeles, Bahamas, San Diego, New York, Las Vegas , Los Angeles, Nassau, Central America, Las Vegas , Hawaii, In Nevada, California, Los, Nassau ., Angeles, New Jersey, Santa
As an unwed woman and frequent wedding guest in 2024, I am maybe too attuned to the ways weddings have become increasingly extravagant. On Reddit, one user noted that being a bridesmaid in her best friend’s wedding in a Scandinavian town, where the friend’s family is from, is going to run her $8,000. And some guests are being denied plus-ones, making attending the wedding less of a joy and more of a dutiful chore. Even in times of high inflation, like now, while some may try to cut back, expensive weddings prevail. Weddings are the rare time in life where everyone you care about will likely come together — friends, family and loved ones.
Persons: Rutherford B, Hayes, Lucy Webb, Webb, Katherine Jellison, ” Jellison, I’ll, I’ve, I’m, , weren’t, Jellison, , you’re, there’s, We've, DP, Anni Jones, “ We’ve, Styles, Nova Styles, ” Nova, ” Reemo, , influencers –, It’s, Taylor Alxndr, Aurie Singletary Taylor Alxndr, Alxndr Organizations: CNN, Ohio University Locations: Cincinnati, Greece, , Prague, y’know, Manhattan, New York, Atlanta
CNN —Bela Karolyi, the legendary and controversial Romanian American gymnastics coach who helped lead Mary Lou Retton, Nadia Comaneci and Kerri Strug to Olympic gold, has died, USA Gymnastics announced. Still, Bela Karolyi remained unapologetic to the end for the methods he used to blaze a path to sports glory. And by his senior year, he was coaching the school’s women’s gymnastics team, whose star Marta Enoss would become his wife and professional ally. “I think he was learning gymnastics with us.”At age 14, Comaneci famously scored the first “perfect 10” in Olympic gymnastics. “Prior to entering the Bela Karolyi camp, I knew one thing; Bela was my bus pass to the Olympics,” Okino wrote in 2001.
Persons: CNN — Bela Karolyi, Mary Lou Retton, Nadia Comaneci, Kerri Strug, Karolyi, Marta Karolyi, Bela Karolyi, , ” Bela Karolyi didn’t, Marta Enoss, That’s, , Marta, Bela, ” Comaneci, Comaneci, Nicolae Ceaușescu’s, Karolyi’s, USA's Kerri Strug, Susan Ragan, Dianne Durham, Kim Zmeskal, Strug hobbled, USA’s, Strug, ” Karolyi, Larry Nassar, , Nassar, Retton, ” Retton, , Betty Okino, ” Okino, “ Karolyi, goddam Bela, Dominique Moceanu, ” Moceanu, Moceanu, Nadia Comăneci, ” CNN’s Lindsey Knight Organizations: CNN, USA Gymnastics, Texas, Romanian, Romania College of Physical Education, Eastern Bloc, Guardian, Rocky Mountain News, University of Oklahoma, USA, Olympic, US, Los Angeles Games, Team USA, International Gymnastics Hall of Fame, Orange County Register, , Team Training, US Olympic Committee, Locations: Romanian American, Texas, Montreal, Romanian, New York, America, Houston, American, Atlanta, Romania, United States, California
AdvertisementDonald Trump Jr. will not take on a White House role, opting instead for the VC firm 1789 Capital. The venture capital firm that Donald Trump Jr. is reportedly joining eschews investments that push social and environmental issues and instead focuses on what it calls "EIG," or entrepreneurship, innovation, and growth. Like 1789 Capital, Trump Jr. has long been a proponent of the parallel economy, also called the "patriot economy," a term used by MAGA conservatives to refer to businesses that align with their traditional values. And Trump Jr.'s connection to Malik, the president of 1789 Capital, includes the pair's mutual support of a parallel economy platform called PublicSquare. Representatives for Trump Jr. through the Trump Organization and the Trump transition team didn't respond to a request for comment from BI.
Persons: Donald Trump Jr, Omeed Malik, Tucker, EIG, , Tucker Carlson's, Donald Trump's, Omeed Malik —, Christopher Buskirk, Malik, Buskirk, deglobalization, MAGA, Trump, Malik didn't, Tucker Carlson, Jordan Cohen Organizations: The New York Times, Bloomberg, Trump Jr, Bank of America, Farvahar Partners, Trump, Republican National Committee, New York Stock, Time Magazine, Tucker Carlson Network, Fox News, Trump Organization Locations: The Florida, Beach , Florida
U.S. consumers collectively owe an eye-popping $1.17 trillion in credit card debt — a record — according to estimates the Federal Reserve Bank of New York released this week. But while there are still major financial risks for carrying hefty balances, the researchers said the data suggests that “rising debt burdens remain manageable” for the typical consumer. Prices are still going up, but they’re not going up as fast, and incomes are once again going up at a faster rate than expenses. Earnings growth has averaged 6.2% per year since the pandemic began, compared to the cumulative debt balance rising 4% per year. “Especially for higher-risk borrowers, credit card and auto loan delinquencies are the highest in a dozen years, and that’s with unemployment at 4%.
Persons: , Donald Trump, they’re, Greg McBride What’s, TransUnion, That’s, , Greg McBride, , McBride Organizations: ’ paychecks, Federal Reserve Bank of New York, New York Fed, Commerce Department, Bureau of Labor Statistics, Bankrate Locations: ’ paychecks . U.S
A South Carolina man accused of making a series of racist death threats online to a New York reporter has been arrested. Austin Suman, 35, of Myrtle Beach, has been charged with willfully making a threat involving explosives and interstate stalking, the U.S. Attorney’s Office for the Southern District of New York said. Suman sent death threats Nov. 8 to the reporter via Facebook and email and used a racial slur and derogatory language, according to a criminal complaint unsealed Friday. Suman's anger stemmed from an article the reporter wrote about him in February 2019 about allegations of him threatening a roommate with a gun. Prosecutors said threats that neutralizing threats against the press are a priority.
Persons: Austin Suman, Suman, , , Prosecutors, Damian Williams Organizations: Attorney’s, Southern, of, Facebook, Attorney Locations: Carolina, New York, Myrtle Beach, U.S, of New York
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