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☆ Thomas Crooks, Donald Trump, and the Banality of Gun Violence - The New York Times
▼ + stars: | 2024-07-17 | by ( David Wallace-Wells | ) www.nytimes.com time to read: +2 min

Eleven of the last 12 American presidents have endured an assassination attempt or a plot against their lives. The same is true for 20 of the country’s 45. Most of the recent plots have been foiled early, making the indelible image of Donald Trump fist-pumping in Pennsylvania seem like an atavistic monument or an ominous portent or perhaps both. And though we may describe the stochastic terror of the past decade in terms of ugly bumper stickers and reckless speeches, there has been real violence, not just incitement. “No political party, movement, ideology or manner of thinking has had an absolute monopoly on this violence, and it really hasn’t mattered whether the surrounding political atmosphere was aggressive or docile,” Dayen wrote.

Persons: Donald Trump, David Dayen, Gerald Ford, Ronald Reagan, Bill Clinton’s, Barack Obama’s, Donald Trump’s, Gabrielle Giffords, Steve Scalise, hasn’t, ” Dayen, “ Organizations: The, White, Financial Times, Republican National Convention Locations: Pennsylvania

☆ Yen jumps on suspected intervention, sterling hits one-year high
▼ + stars: | 2024-07-17 | by ( ) www.cnbc.com time to read: +4 min

The yen rose sharply on Wednesday in what traders suspected was likely the result of yet another intervention from Japanese authorities to prop up the battered currency from multidecade lows. The euro was last down 0.8% at 171.15 yen, while sterling fell 0.76% to 203.75 yen. Combined with the estimated amount spent a day earlier, Japan is suspected to have bought nearly 6 trillion yen via intervention last week. That sent traders paring back bets of a rate cut from the Bank of England in August, providing a small boost to sterling , which was last up 0.43% to $1.3029. But the more important data is the inflation data, and that's telling the market that the Fed is in a position to cut fairly soon."

Persons: Geoff Yu, Masato Kanda, Michael Brown, Kyle Rodda Organizations: Mellon, Kyodo, Bank of Japan, Bank of England, Monetary, MPC, Tuesday's, Federal Reserve, New Zealand, Reserve Bank of New Locations: London, Tokyo, Japan, Reserve Bank of New Zealand

☆ This man built a plane for his family in his garden
▼ + stars: | 2024-07-16 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +11 min

Amateur buildEngineer Ashok Aliseril spent 18 months building a four-seater plane during the pandemic, helped by his daughter. Aliseril briefly considered buying an older aircraft, and looked at some that had been built in the 1960s and 1970s. After researching self-assembly aircraft kits, he came across a four-seater plane manufactured by South African company Sling Aircraft that ticked all the right boxes. “I would say generally, anyone can get involved in these sorts of builds.”Lockdown projectHe built a shed in his garden to complete the build. Although he’d initially planned to hire a workshop to construct the aircraft, Aliseril feels that creating a workspace at his home was the better choice.

Persons: Ashok Aliseril Thamarakshan, Abhilasha, Aliseril, ” Aliseril, Ashok Aliseril, Ashok, ”, “, you’ve, Tara, he’d, it’s, ‘, Diya, who’ve, he’s, – Organizations: CNN, CNN Travel, Amateur, South, Sling Aircraft, Sling, Light Aircraft Association, UK Civil Aviation Authority, Federal Aviation Administration, FAA, CAA Locations: Essex, England, Isle of Wight, mull, Johannesburg, Abhilasha, Cambridge, Skegness, Turweston, Buckinghamshire, Bergerac, France, Norway

☆ IMF sees ‘bumps’ in path to lower inflation
▼ + stars: | 2024-07-16 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

The International Monetary Fund warned Tuesday that upside risks to inflation have increased, calling into question the prospect of multiple Federal Reserve interest rate cuts this year. In its latest World Economic Outlook update, the IMF said "the momentum on global disinflation is slowing, signaling bumps along the path." The rise in sequential inflation in the U.S. earlier in 2024 has put it behind other major economies in the quantitative easing path, the report said. However, IMF chief economist Pierre-Olivier Gourinchas told CNBC's "Squawk on the Street" on Tuesday that one rate cut from the Fed is most appropriate this year, highlighting still-stubborn services and wage inflation as complications to the path to lower inflation. Despite the encouraging CPI report, Gourinchas stated the uptick in inflation earlier in the year indicates that the path toward lower inflation and rate cuts "could take a little bit longer than maybe the markets are expecting."

Persons: Pierre, Olivier Gourinchas, CNBC's, Gourinchas Organizations: Monetary Fund, Traders, U.S . Labor Department Locations: U.S

☆ JD Vance: Why Europe looks at Trump’s VP pick with anxiety
▼ + stars: | 2024-07-16 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +8 min

CNN —Many of America’s closest allies were already dreading the prospect of Donald Trump’s return to the White House. Now that the former president has picked JD Vance as his running mate, they potentially have a lot more to worry about. By choosing Vance, Trump has sent a clear signal that, if elected, his America-first foreign policy will be back in force. “JD Vance does not appear to be interested in being a good ally to Europe,” Berzina said. I think Russia has incentive to come to the table right now.

Persons: America’s, Donald Trump’s, JD Vance, Vance, Trump, ”, Kristine Berzina, “ JD Vance, ” Berzina, Putin, Vance’s, “, Sergey Lavrov, Lavrov, Volodymyr Zelensky, CNN’s Kaitlin Collins, Zelensky, Jose Luis Magana, China Vance, we’re, ” Vance, Trevor McCrisken, you’ve, Ukraine that’s, ” McCrisken, ” Sam Greene, Biden, Greene, Joe Biden, ” Greene, –, Nikki Haley Organizations: CNN, Trump, NATO, Labour, Marshall Fund of, United, Munich, Conference, United Nations, Conservative Political, East, Fox News, New York Times, Patriot, University of Warwick, Republicans, Democratic, Center for, King’s College London, Republican, Republican Party Locations: America, Ohio, Ukraine, Russia, United Kingdom, United States, Washington, Europe, Russian, Munich, Oxon Hill, China, East Asia, Beijing, Taiwan, Asia, Czech, UN

☆ It’s not just Bob Menendez: Americans really love gold bars
▼ + stars: | 2024-07-16 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +3 min

Menendez maintains his innocence and plans to appeal the verdict, he told reporters outside the Manhattan courtroom on Tuesday. The discovery that Menendez owned a hoard of gold bars stunned many people. And now even Costco sells gold bars. The two kilograms and 11 ounces worth of gold bars Menendez and his wife possessed would have been worth over $185,000 as of Tuesday, according to Goldprice.org data. Other people who prefer to keep gold under their own roof store it in a gun safe or floor safe, he added.

Persons: Sen, Bob Menendez, Menendez, Jonathan Rose, ” Rose, ’, ”, Rose, it’s Organizations: New York CNN, Bank, Genesis Gold, Western Alliance, CNN, Costco, Dow, IRS Locations: New York, Manhattan, Beverly Hills , California

☆ Gold heads for record high close on view that Fed is poised to cut rates
▼ + stars: | 2024-07-16 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Gold prices advanced Tuesday, on track for a record close as rising expectations of a September interest rate cut bolstered demand for bullion. Gold futures advanced 0.6% to $2,443.80. According to UBS, central bank buying of bullion is the highest it's been since the late 1960s. The U.S.-listed shares of Harmony Gold and Gold Fields rose 6% and 4%, respectively.

Persons: Jerome Powell, Joni Teves, Teves, Gold Organizations: Co, Federal, U.S, greenback, UBS, Citi, Miners, Harmony Locations: Bangkok, Thailand, Ukraine, China, U.S

☆ 'God help Ukraine': How JD Vance's VP nomination will cause chills in Kyiv
▼ + stars: | 2024-07-16 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

Gaelen Morse | ReutersRepublican presidential nominee Donald Trump's pick of Sen. JD Vance as his vice presidential running mate will have sent chills down spines in Kyiv Tuesday morning. Ash has previously questioned Vance's position on Ukraine and the suggestion that Europe should bear the responsibility of helping Ukraine to defend itself against Russia. Trump has always appeared ambivalent over the war in Ukraine and continuing aid. The comment was an ominous one for Ukraine, however, suggesting Trump could be tempted to pull the rug on further aid. "Donald Trump would mean a big break with a couple of NATO policies, in particular on the question of Ukraine and support to Ukraine.

Persons: JD Vance, Donald Trump, Gaelen Morse, Donald Trump's, Sen, Ohio Republican Vance, Volodymyr Zelenskyy's, Trump, Vance, Ukraine —, Vladimir Putin, Europe hasn't, Timothy Ash, Ash, Vance et, Volodymyr Zelensky, Mitch McConnell, Charles Schumer, Drew Angerer, Zelenskyy, Russia's Putin, Mikhail Klimentyev, Reuters Keen, ringfence, Guntram Wolff, Wolff, Putin Organizations: Republican, U.S, Reuters Republican, Kyiv Tuesday, Ohio Republican, Marines, Kyiv —, NBC News, Financial Times, NATO, BlueBay Asset Management, Russia, Capitol, Republicans, National Governors Association, Trump, Sputnik, Reuters, CNBC Locations: Youngstown , Ohio, Kyiv, Ukraine, U.S, Russia, Europe, Russian, United States, America, Washington ,, Utah, Osaka, Japan, Washington, Trump

☆ Goldman's top stock strategist explains why small caps are rallying so much
▼ + stars: | 2024-07-16 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

The small-cap benchmark Russell 2000 jumped 2% on Tuesday, heading for its fifth straight winning day. Small-cap companies are especially sensitive to rate policy, as their financing costs rise when interest rates are high. Falling rates could be a boon for these names, said Kostin, Goldman's chief equity strategist, on CNBC's " Squawk on the Street ." In that period, the Russell 2000 Index has added more than 11%, compared with the S & P 500 's 4% advance. In 2024, the S & P 500 has surged more than 18%, while the Russell 2000 has added 10%.

Persons: Goldman Sachs, David Kostin, Jerome Powell, Russell Organizations: Russell, Federal

☆ I love my unique name, but people can never pronounce it right. I'm tired of correcting them.
▼ + stars: | 2024-07-16 | by ( Amita Chatterjee | ) www.businessinsider.com time to read: +4 min

My British family pronounces it "ah-mee-tah," and my Indian family pronounces it "ah-mee-tha." I'm comfortable with either of those pronunciations, but many Americans pronounce it as "uh-mee-duh," which I really dislike. Saying my name with the "duh" sound may not sound wrong to some, but I feel that it makes my name sound clunky and old-school. It's helped me learn to advocate for myself and be aware of whether I'm saying other's names correctly. It's taught me that the people in my life who take the time to pronounce it right — and correct others — are the ones who matter most.

Persons: —, she'd, Anita, I've, Anita Chattergee, I'd, Amina, he'd, It's Organizations: Service, Business

☆ IMF upgrades UK growth forecast in another boost to new Labour government
▼ + stars: | 2024-07-16 | by ( Jenni Reid | ) www.cnbc.com time to read: +3 min

LONDON — The International Monetary Fund on Tuesday lifted its 2024 growth outlook for the U.K. to 0.7% from 0.5%, providing a further boost to the country's new government. Looking ahead, the Washington, D.C.-based IMF reiterated its forecast for 1.5% U.K. growth in 2025 in the July update of its World Economic Outlook. Investment bank Goldman Sachs earlier this month nudged its 2025 forecast for the U.K. economy 0.1 percentage point higher, to 1.6%. Other economies given a 2024 growth upgrade by the IMF on Tuesday included the euro zone, which it lifted by 0.1 percentage point to 0.9%, Spain, up 0.5 percentage point to 2.4%, and China, up 0.4 percentage point to 5%. It lowered its forecast for the U.S. economy by 0.1 percentage point to 2.6%.

Persons: Taylor, Goldman Sachs, Keir Starmer, Goldman, — CNBC's Sophie Kiderlin, Vicky McKeever Organizations: Nine, Monetary Fund, D.C, Investment, Labour, European Union . Deutsche Bank, Friday, Deutsche Bank, Jefferies, Bank of England, Reuters, IMF Locations: Ruskin Park, London, England, Washington, brightening, Spain, China, U.S, Asia

☆ Live Election Updates: R.N.C. to Spotlight Trump’s Hard-Line Vision on Immigration
▼ + stars: | 2024-07-16 | by ( Jonathan Weisman | ) www.nytimes.com time to read: +8 min

A majority of its members have deep ties to Mr. Biden and were vetted for their loyalty to him, making it unlikely that his nomination will face significant dissent. Mr. Biden, during an interview with NBC News that aired on Monday, reiterated that he was not leaving the race. “Look, 14 million people voted for me to be the nominee in the Democratic Party, OK?” he said. changed its process to nominate Mr. Biden to accommodate an Aug. 7 deadline to place him on the ballot in Ohio. In recent days, Mr. Biden has held several meetings with Democrats in the House that have ended with mixed reviews.

Persons: Biden, Tim Walz, Leah Daughtry, Biden’s, Wes Moore, . Walz, Eric Lee, Mr, “, Walz, “ Governor Walz, ” Teddy Tschann, ’, Jared Huffman, Huffman, ”, MAGA, ” Jaime Harrison, ” Mr, Jamie Kelter Davis, Trump, Aaron Regunberg, —, ” Daniella Ballou, Ms, Ballou, Aares, Kenneth P, Vogel Organizations: Democratic National Committee, Democratic National Convention, House Democrats, Gov, Democratic, Credit, New York, NBC News, Democratic Party, Democratic Party committees, Democratic Governors Association, “, Democrats, New York Times, Lawmakers, Biden, Ohio Republicans, MAGA Republicans, Republican, The New York Times, White Locations: Minnesota, Maryland, California, Ohio, Madison, Wis, Credit

☆ Amazon's Prime Day a 'major' cause of worker injuries, Senate probe finds
▼ + stars: | 2024-07-16 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +3 min

An Amazon workers pull a cart of packages for delivery on E 14th Street on July 12, 2022 in New York City. Amazon Prime Day, the 48-hour discount blitz that kicks off Tuesday, is a "major" cause of worker injuries, according to the preliminary results of a Senate probe. The Senate's Health, Education, Labor and Pensions (HELP) Committee on Tuesday released the interim results of a yearlong investigation into Amazon's warehouse working conditions just as the company holds its annual Prime Day deals event. The report cites an internal Amazon document, titled "2021 Prime Day Lessons Learned," which states Amazon "met only 71.2 percent of its hiring target," between May and June of 2021, ending the week of that year's Prime Day event. Amazon has faced scrutiny in recent years over its workplace injury record and its treatment of warehouse and delivery workers.

Persons: Sen, Bernie Sanders, Kelly Nantel, Nantel, It's, it's Organizations: Amazon, Health, Education, Labor, Pensions, Occupational Safety, Health Administration, OSHA, U.S, Attorney's, U.S . Department of Justice Locations: New York City, Vermont, U.S

☆ CNBC Daily Open: Trump attends RNC, Dow record close, bitcoin 'digital gold
▼ + stars: | 2024-07-16 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Dow record highThe Dow Jones Industrial Average closed at an all-time high after former President Donald Trump survived an assassination attempt. Trump lauded at RNCFormer President Donald Trump was cheered and celebrated at the Republican National Convention in Milwaukee, his first appearance since an assassination attempt at a Pennsylvania rally. [PRO] 'Super 8'UBS has updated its "Super 8" list of top Asian tech stocks, seen as alternatives to the US "Magnificent Seven."

Persons: Donald Trump, Russell, Jerome Powell, Trump, JD Vance, Ohio, Elon Musk, Powell, you've, Larry Fink, Fink, bitcoin, CNBC's, Donald Trump's Organizations: CNBC, Dow, Dow Jones, Nasdaq, Treasury, Federal, RNC, Republican National Convention, Sporting, Trump, BlackRock, CSI, Nikkei, UBS Locations: U.S, Milwaukee, Pennsylvania, Asia, Pacific, China, Hong

☆ New inflation warning: Get used to high interest rates, IMF warns
▼ + stars: | 2024-07-16 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —The International Monetary Fund has warned that stubborn inflation could keep interest rates higher for longer than expected, increasing fiscal and financial risks around the world. Persistently high prices for services — which include haircuts, hotels and restaurants — as well as escalating trade tensions are propping up inflation and raising the prospect that interest rates will stay high for a while yet, the IMF cautioned Tuesday in its latest World Economic Outlook. The warning highlights that the global economy is not yet in the clear when it comes to inflation, which explains the caution on the part of central banks in cutting interest rates. However, services inflation came in higher than expected. The agency blamed sticky services price inflation for “holding up progress” on reducing overall inflation.

Persons: Jerome Powell Organizations: London CNN —, Monetary Fund, Bank of England, European Union, IMF Locations: —, United States, China, India, E.T

☆ CNBC Daily Open: Trump picks VP, Dow record close, bitcoin 'digital gold'
▼ + stars: | 2024-07-16 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Record highThe Dow Jones Industrial Average closed at an all-time high after former President Donald Trump survived an assassination attempt. Trump's VP pickDonald Trump has chosen Senator JD Vance of Ohio as his vice presidential running mate for the 2024 election. Fed may not waitPowell said the central bank will not wait until inflation reaches its 2% target to cut interest rates. Fink believes bitcoin can offer uncorrelated returns and act as a hedge against currency debasement caused by excessive deficits.

Persons: Donald Trump, Russell, Jerome Powell, Trump's, JD Vance, Ohio, Trump, Vance, Biden, Powell, you've, Larry Fink, Fink, bitcoin, CNBC's, Goldman, Goldman Sachs, Denis Coleman, Colin Langan Organizations: CNBC, Dow Jones, Nasdaq, Treasury, Federal, Truth, Trump, Republican, BlackRock, Goldman, JPMorgan, Citigroup, Wall Locations: U.S, Wells

☆ Takeaways from the RNC’s first day
▼ + stars: | 2024-07-15 | by ( Eric Bradner | ) edition.cnn.com time to read: +9 min

Trump called Vance 20 minutes before he announced he’d chosen the Ohio senator on Truth Social, a source familiar with the process told CNN. The two had met at Trump’s Mar-a-Lago club on Saturday, before the rally at which Trump was shot in the ear. Trump is betting that Vance articulating his evolution from Trump critic to supporter will prove much more potent than those older comments. “President Trump honored the Constitution. “I’m here tonight to tell you, no matter your political background, the best chance we have to give our babies a better life is to elect Donald Trump president of the United States,” Rose said.

Persons: Donald Trump, Trump, Ohio Sen, JD Vance, “, ”, Vance, Joe Biden, Vance Rather, he’d, Mike DeWine, CNN Vance, rans, Kristi Noem, she’d, Glenn Youngkin, Elise Stefanik, —, Byron Donalds, “ Donald Trump, South Carolina Sen, Tim Scott, ” Scott, Van Jones, Sean O’Brien, O’Brien, ” O’Brien, Biden, Amber Rose, influencer, ” Rose, CNN Ron Johnson’s Ron Burgundy, Wisconsin Sen, Ron Johnson’s, ” Johnson’s Organizations: CNN, Republican National Convention, Secret Service, Republican, reelecting, Truth, Trump’s, ”, ” Ohio Gov, Republican Party, Trump, Republicans, ” Publicly, Trump —, South Dakota Gov, Virginia Gov, New, New York, Democratic, Florida Rep, International Brotherhood, Teamsters, Labor, CNN Trump, Biden, White House, Donalds, Black Republicans Locations: Milwaukee, Butler , Pennsylvania, Ohio, Pennsylvania, Wisconsin, ” Ohio, Ohio’s, Florida, South Carolina, American, Washington, Michigan , Pennsylvania, United States

☆ Why some women stay in religious groups that don’t let them become leaders
▼ + stars: | 2024-07-15 | by ( John Blake | ) edition.cnn.com time to read: +19 min

“It hurt,” says Muse, the executive pastor of Hayes Barton Baptist Church in Raleigh, North Carolina. Nikki Hardeman, of Atlanta, an advocacy director for Baptist Women in Ministry, left, Meredith Stone, executive director of Baptist Women in Ministry, center, and Christa Brown, an advocate for survivors of sexual abuse and a supporter of the Baptist Women in Ministry, protest outside the venue of a Southern Baptist Convention annual meeting on June 11, 2024, in Indianapolis. Some Southern Baptist leaders, for example, say they do not oppose women running for political office. And yet millions of women still give their time and money to church groups that won’t allow them to lead men. Meredith Stone, executive director of Baptist Women in Ministry, a group that works with the SBC and other Baptist groups.

Persons: Kristen Muse, Muse, Paul, Timothy, ”, Hayes Barton, “, –, Clint Pressley, Nikki Hardeman, Meredith Stone, Christa Brown, Doug McSchooler, Albert Mohler Jr, Kamala Harris, Shelby Tauber, ” Muse, Christ, Mary Kassian, Beth Allison Barr, Barr, Jesus, Pope Francis, lectors, Beth Moore, Terry Wyatt, Moore, Infants, ” Barr, it’s, they’re, Rick Warren, Peter Smith, that’s, she’s, Rabbi Nachman, Rosh Hashana, Sergei Supinsky, don’t, ‘, Bishop Teresa Jefferson, Jay Reeves, Deborah, Lydia, Priscilla, Dorcas, Mary Magdalene, Mary, Luke, hasn’t, John Blake Organizations: CNN, National Public Radio, Southern Baptist Convention, Hayes Barton Baptist Church, SBC, Baptist Women, Ministry, Southern Baptist, Southern Baptist Theological Seminary, Roman Catholic Church, of God, Reuters, complementarianism, Children, Baylor University, Research, Saddleback Church, Saddleback, Getty, Christian Methodist Episcopal, Moody Temple CME Church, Jefferson Locations: manila, Raleigh , North Carolina, Atlanta, Indianapolis, Indiana, Dallas , Texas, Nashville , Tennessee, Texas, Saddleback, Southern California, New Orleans, Uman, Ukraine, AFP, Raleigh, Moody, Fairfield , Alabama, Israel

☆ Biden Facing Challenges in Two Must-Win States, Times/Siena Polls Find
▼ + stars: | 2024-07-15 | by ( Adam Nagourney | Ruth Igielnik | ) www.nytimes.com time to read: +1 min

President Biden is locked in a tight race with former President Donald J. Trump in Pennsylvania, a state that Mr. Biden barely won in 2020 and that is critical to his re-election hopes, and in Virginia, a state where Mr. Biden defeated Mr. Trump by 10 percentage points in 2020, according to the latest New York Times/Siena College polls. The polls, which were completed before the assassination attempt on Mr. Trump while he was campaigning in Pennsylvania on Saturday, found that Mr. Trump was leading the president by 48 percent to 45 percent among likely voters in Pennsylvania. The results are almost unchanged from a New York Times/Siena College poll taken in May and within the margin of error. By almost any Electoral College map calculation, it would be nearly impossible for Mr. Biden to win re-election without Pennsylvania. In that state, Mr. Biden has a lead of 3 percentage points over Mr. Trump among likely voters, which is within the margin of error.

Persons: Biden, Donald J, Trump Organizations: New York Times, Siena, Mr, Pennsylvania, Democrats, Trump, Biden Locations: Pennsylvania, Virginia, Siena

☆ Markets expected to get a short-term boost after Trump survives shooting
▼ + stars: | 2024-07-15 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

Republican presidential candidate and former U.S. President Donald Trump speaks during a campaign rally at the Butler Farm Show in Butler, Pennsylvania, U.S., July 13, 2024. Brendan Mcdermid | ReutersU.S. stocks are expected to get a short-term boost in the aftermath of the failed assassination of former president Donald Trump over the weekend, as analysts say the likelihood of his re-election in November has increased. "The events on Saturday, if they do anything, they strengthen the case for President Donald Trump to win the election in November. watch nowPolls showed Trump retaining his lead over President Joe Biden a day after the shooting at a Republican rally in Pennsylvania. "These events, as unfortunate as they are in terms of political change, do not really change the direction of global markets and the global economy," he said Monday.

Persons: Donald Trump, Brendan Mcdermid, Rob Casey, CNBC's, Trump, Casey, Brian Gardner, Joe Biden, Biden, Guillaume Menuet, It's Organizations: Reuters, Trump, Global Advisors, Republican, Democratic, BMI, Fitch Solutions, CNBC, EMEA, Citi Global Wealth Locations: Butler , Pennsylvania, U.S, Reuters U.S, Washington, Pennsylvania

☆ Lionel Messi and the unmistakeable sense of an ending
▼ + stars: | 2024-07-15 | by ( Jack Lang | ) www.nytimes.com time to read: +5 min

And Lionel Messi is not a player who goes down for nothing. A second or two later, the camera returned to Messi, zooming in on the most recognisable face in football. For Messi, wherever he treads in this extended career outro, is always accompanied by the unmistakable sense of an ending. Post-game, Argentina head coach Lionel Scaloni said that Messi didn’t want to come off but his injury rendered any other option redundant. Advertisement“I’m lucky I can do something I’m passionate about,” Messi said in the Apple documentary about his American adventure.

Persons: Lionel Messi, Nicolas Gonzalez, Messi, Leandro Paredes, —, ”, “, there’s, Juan Mabromata, Lionel Scaloni, Messi didn’t, “ Leo, Lautaro Martinez, Tata Martino, Leo, ” Messi, Buda Mendez, Chandan Khanna, Ray Orr Organizations: Messi, Messi gambol, ESPN Argentina, Getty, Inter Miami, MLS, Apple Locations: Argentina, United States, Mexico, Canada, “, AFP, Miami

☆ Wendy's CEO got ripped for pushing dynamic pricing. It could be coming to a store near you.
▼ + stars: | 2024-07-15 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +8 min

With digital price tags, big retailers, in theory, could do the same. Federal Reserve Chair Jerome Powell has said that type of dynamic pricing is "incredibly important in our economy." AdvertisementSome experts agree, saying dynamic pricing practices could benefit consumers who are able to gain some understanding of the system and shop around. After customers complained online that those changes would surge prices, a spokesperson announced the company did not intend to implement surge pricing. How does dynamic pricing impact you?

Persons: There's, Uber, it's, Greg Cathey, Elizabeth Pancotti, Pancotti, Jerome Powell, Powell, John Zhang, Wendy's, Sen, Sherrod Brown, Zhang, — Organizations: Service, Walmart, Business, Roosevelt Institute, Federal, Wharton School, University of Pennsylvania, Democratic, SNAP

☆ 3 money moves to make ahead of the Federal Reserve's first rate cut in years
▼ + stars: | 2024-07-15 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

For now, top-yielding online savings accounts and one-year CDs are paying more than 5% — well above the rate of inflation. "Money market brokerage accounts usually pay higher rates than money market or savings accounts at banks," he said in an emailed statement. "Timing your purchase to coincide with lower rates can save money over the life of the loan," Tayne said. However, lower mortgage rates could also boost home-buying demand, which would push prices higher, McBride said. "If lower mortgage rates lead to a surge in prices, that's going to offset the affordability benefit for would-be buyers."

Persons: cardholders, APRs, Tayne, Olga Rolenko, McBride, Mark Kantrowitz, Kantrowitz, Howard Hook, they've Organizations: Treasury, EKS, EKS Associates Locations: Princeton , New Jersey

Villagers watch the sunset over a small lagoon near the village of Tangintebu on South Tarawa in the central Pacific island nation of Kiribati May 25, 2013. CHINESE INTEREST AS WESTERN BANKS EXIT"The proposed World Bank project is a creative way of addressing the challenge of de-risking and small scale in Pacific Island countries," said Lalita Moorty, the World Bank's East Asia and Pacific director for prosperity. Without access to overseas banks, Pacific countries would struggle to receive remittances - a key component of their economies - welcome holidaymakers or trade with the wider world. "It can create instability for the financial system," said Denton Rarawa, senior economics adviser at the Pacific Islands Forum. "What we're saying is that if you're not going to address concerns and issues we have, Pacific countries will start looking elsewhere for support."

Persons: David Gray, Solomon, Lalita Moorty, Denton Rarawa, Mark Brown, Janet Yellen, Ariff Ali, Lewis Jackson, Lucy Craymer, Ziyi Tang, William Mallard Organizations: REUTERS, Villagers, WELLINGTON, Bank, U.S, Pacific Islands, World Bank, Pacific, ANZ Bank, Westpac, Bendigo Bank, Bank of China, Reuters, Cook, U.S . Treasury, Federal Reserve, Reserve Bank of Fiji, Thomson Locations: Tangintebu, South, Pacific, Kiribati, SYDNEY, Australia, China, Washington, Nauru, Solomon Islands, Taiwan, Beijing, U.S, East Asia, Papua New Guinea, Vanuatu, Tonga, Samoa, Brisbane, Pacific Islands, Sydney, Wellington

☆ Trump victory trades to swell after shooting, investors say
▼ + stars: | 2024-07-14 | by ( ) www.cnbc.com time to read: +4 min

Saturday's shooting at U.S. former President Donald Trump's election rally raises his odds of winning back the White House, and trades betting on his victory will increase this coming week, investors said on Sunday. Trump was shot in the ear during the rally in Pennsylvania on Saturday in what the authorities were treating as an assassination attempt. The first shooting of a U.S. president or major party candidate since a 1981 assassination attempt on Republican President Ronald Reagan could upend the Nov. 5 rematch between Republican Trump and President Joe Biden, a Democrat, which has been tight in opinion polls. World leaders and U.S. politicians condemned the shooting, while some industry executives, including Tesla chief Elon Musk, declared their support for Trump. Investors also expect an extension of corporate and personal tax cuts expiring next year, fuelling concerns about rising budget deficits under Trump.

Persons: BUTLER, Donald Trump, Donald Trump's, Trump, Rong Ren Goh, Ronald Reagan, Joe Biden, Reagan, Nick Ferres, Elon Musk, Biden, Jerome Powell, Goldman Sachs, Bill Ackman, Musk Organizations: Republican, Secret, U.S, Treasury, Eastspring Investments, Republican Trump, Democrat, Asset Management, Tesla, Trump, Reuters, Investors, Federal, Biden, Dow Jones, Democratic, Goldman Locations: PENNSYLVANIA, Butler , Pennsylvania, Pennsylvania, Singapore

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