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☆ Airbnb's ongoing battle with hotels for travelers has taken a noticeable turn
▼ + stars: | 2024-08-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, Airbnb said its struggles are tied to consumers spending less, but it's also because they're opting for hotels instead . The big storyPlenty of vacancyiStock; Rebecca Zisser/BIAirbnb took a noticeable step back in its ongoing battle with hotels. But Airbnb's struggles are also a product of travelers opting for hotels instead , writes Business Insider's Dan Latu. The death of the so-called millennial lifestyle subsidy — for which Airbnb was a key player — resulted in consumers rethinking things.

Persons: —, Airbnb, it's, let's, Rebecca Zisser, Execs, Airbnb's, Dan Latu, haven't, Jenny Chang, Rodriguez, Bloomberg it's, BI Bank of America isn't, Nicolás Ortega, Nate Silver, Chelsea Jia Feng, Alexander, Tal, Oren Alexander, Musk, Trump, Elon Musk's, Donald Trump, Ron DeSantis, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock Organizations: Service, Apple, Business, Bloomberg, Getty, BI Bank of America, Viking, Israel, BI, Apple Intelligence, Trump, X, Florida Gov, Google Locations: Iran, New York, London

☆ Opinion | Kamala Harris and the Audacity of Desperation
▼ + stars: | 2024-07-27 | by ( Ross Douthat | ) www.nytimes.com time to read: +2 min

Since then we’ve watched cracks spread throughout this edifice, dividing groups and institutions that once seemed to move in lock step. These fault lines include the split between a more ideological academic culture, where wokeness seems entrenched, and corporate and media realms, where its hold has somewhat weakened. They include the divisions between donors, university administrators and activists exposed and heightened by the Hamas attacks and the Israel-Gaza war. This means money: a surge of tens of millions of dollars into Democratic coffers. It means star power, whether through endorsements or just associations: Olivia Rodrigo and George Clooney, Charli XCX and Beyoncé.

Persons: Donald Trump’s, Trump, Joe Biden’s, Kamala Harris’s, Nate Silver, Olivia Rodrigo, George Clooney, Charli, Harris, Biden, ” Organizations: Democratic Party, Trump, Democratic Locations: Israel, Gaza

☆ Donald Trump is favored, but Joe Biden can still win this election
▼ + stars: | 2024-07-12 | by ( Harry Enten | ) edition.cnn.com time to read: +5 min

If you average the national polls since the debate 15 days ago, Trump’s ahead by 3 points. An NPR/PBS News/Marist College poll out Friday morning even put the race at 50% for Biden to 48% for Trump (a result within the margin of error). Biden was ahead by 9 points in the early July national polls in 2020. I think it’s totally fair to say that Trump is the favorite and that Biden has his work cut out for him. There is also data to suggest that Vice President Kamala Harris would be a stronger Democratic nominee against Trump than Biden.

Persons: Joe Biden’s, Biden’s, Donald Trump, Democrat Michael Dukakis, Republican George H.W, Republican George H.W . Bush, Bush, Dukakis, Biden, Trump’s, Trump, we’ve, Nate Silver, Hillary Clinton, Clinton ”, We’ve, Kamala Harris, Harris Organizations: CNN, NPR, PBS, Marist College, Biden, Trump, Democrat, Republican, Biden’s, Democratic Locations: Republican George H.W ., Michigan , Pennsylvania, Wisconsin, Arizona, George , Nevada, North Carolina

☆ Opinion | Doing Nothing About Biden Is the Riskiest Plan of All
▼ + stars: | 2024-07-03 | by ( Nate Silver | ) www.nytimes.com time to read: 1 min

After last week’s debate disaster, some Democrats are trying to circle the wagons to protect President Biden, noting that Barack Obama lost his first debate as an incumbent president, too. Mr. Obama wasn’t 81 years old at the time of his debate debacle. And he came into the debate as a strong favorite in the election, whereas Mr. Biden was behind (with just a 35 percent chance of winning). A 35 percent chance is not nothing. But Mr. Biden needed to shake up the race, not just preserve the status quo.

Persons: Biden, Barack Obama, Obama, he’s, Donald Trump, Biden’s Organizations: Democratic Senate

☆ Biden's path to victory is much narrower following his debate disaster with states like New Mexico and Virginia suddenly in play for Trump
▼ + stars: | 2024-07-03 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +6 min

Under the University of Virginia Center for Politics' current projections, there are five true toss-up states: Michigan, Wisconsin, Pennsylvania, Arizona, and Nevada. The reality is that if Biden is stuck playing defense in states Democrats usually win, Trump's return to the White House will be a foregone conclusion. The only question then will be how many Electoral College votes would the former president win. "If Biden's position gets worse, that's when you see maybe a Virginia or New Mexico get in play," Kondik said. Virginia, New Hampshire, New Mexico, or Minnesota are not going to be the states that put Trump over 270.

Persons: Joe Biden's, Nate Silver, Biden, hadn't, Trump, Crystal Ball, Kyle Kondik, Kondik, Ball, hasn't, George H.W, George H.W . Bush, Robert F, Kennedy Jr, Jen O'Malley Dillon, O'Malley Dillon, There's, Trump's, Harry Enten, Biden's, 8KhJEsd8Dc —, Kamala Harris, Gretchen Whitmer, Gavin Newsom, Lloyd Doggett, we're Organizations: Service, Nebraska, Trump, Business, Sun, Lean, University of Virginia Center, Politics, Electoral College, Republican, Saint Anselm College, Biden, Independent, Granite, Democratic National Convention, California Gov Locations: Michigan , Wisconsin, Omaha, Midwest, Arizona, Georgia, Michigan, Minnesota, Michigan , Wisconsin , Pennsylvania, Nevada, Virginia, New Mexico, Maine, Nebraska, George H.W ., New Hampshire, Granite State, Florida, Texas, Virginia , New Hampshire , New Mexico

☆ 'He must bow out': the media reacts to Biden's historically bad debate performance
▼ + stars: | 2024-06-28 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +6 min

Read previewPresident Joe Biden's historically bad debate performance on Thursday night was received so poorly that there's serious talk among America's commentariat that he could, or should, or needs to be replaced. AdvertisementLiz Peek, also writing for Fox News, described Biden's performance as shocking the nation and as "an astonishing disaster." It started with a devastating line: "The best that can be said of Joe Biden's stumbling debate performance was that it took place in June." Noah Smith, the American blogger, also offered a bleak assessment of the debate performance. AdvertisementAnd podcaster Joe Klein did not mince his words in his summary of Biden's debate performance.

Persons: —, Joe Biden's, Biden's, Brian Stelter, Biden, Thomas L, Friedman, Prez, Mark Penn, Joe, Liz Peek, Joe Biden, Stephen Collinson, KDAhZx2jyB, Molly Ball, Ball, Peggy Noonan, Ed Luce, pollster Nate Silver, what's, Noah Smith, Trump, Joe Klein Organizations: Service, Business, CNN, New York Times, The New York, Biden, Trump, Washington Post, Fox News Fox News, Fox News, CNN Politics, Street Locations: Afghanistan, Pakistan, Lisbon, York, Washington Post The Washington, ,

☆ Opinion: Biden and Democrats are in denial about the bad polls. That’s a problem.
▼ + stars: | 2024-06-05 | by ( Opinion Liam Kerr | ) edition.cnn.com time to read: +7 min

But much more must be done and, as with most change, it’s important to start by admitting there’s a problem. The phenomenon of Democrats dismissing the polls in favor of misplaced optimism has been termed “hopium” by data journalist Nate Silver. Polling denial is not unanimous in the party, as many Democrats are reportedly in a full-blown “freakout” over Biden’s chances. It’s essential they admit the polling is correct, because if Biden is winning, there is little need to change course. This means these groups likely share top concerns with moderate voters generally.

Persons: Liam Kerr, Joe Biden’s, Liam Kerr Liam Kerr, there’s, Nate Silver, Simon Rosenberg, Rosenberg, Biden, it’s, Trump, Biden’s, Harry Enten, —, “, ”, Hilary Clinton, Tom Suozzi, George Santos ’ Organizations: GOP, CNN, Democratic, Trump, Biden, Gallup, Black Democrats, White Democrats, Harvard Youth, Gaza, “ Biden, New York Times, Trump Republicans, Republican, NBC, Twitter, Facebook, Chicago Democratic National Convention Locations: Pennsylvania , Wisconsin, Michigan, Siena, New York, “

☆ Biden Is Still Losing. His Campaign Should Stop Acting Like He Isn’t. - The New York Times
▼ + stars: | 2024-05-01 | by ( Ross Douthat | ) www.nytimes.com time to read: +2 min

In February, there was a flurry of discussion about whether Joe Biden’s advancing age and seeming weakness in a matchup with Donald Trump meant that he should step aside. “The Drumbeat for Biden to Step Aside Will Only Grow Louder” ran one headline from that period, from Robert Kuttner in the American Prospect. All it took was Biden giving a passable State of the Union address: Thereafter his poll numbers marginally improved, the optimists on the Democratic side seized the rhetorical initiative, and the “should Biden step aside?” discourse faded into background noise. But it’s also quite consistent; since last fall, both candidates are bouncing around within a very narrow range. ), because voters aren’t paying close attention yet (but don’t they already know both of the candidates quite well?

Persons: Joe Biden’s, Donald Trump, Biden, Nate Silver, Ezra Klein, Robert Hur, Robert Kuttner, Kuttner, Robert F, Kennedy Jr, it’s, he’s Organizations: Democratic, Trump, Electoral College Locations: Georgia, Michigan, Arizona , Nevada , Pennsylvania, Wisconsin

☆ Many Democrats Are Worried Trump Will Beat Biden. This One Isn’t.
▼ + stars: | 2024-04-03 | by ( Adam Nagourney | ) www.nytimes.com time to read: +1 min

Simon Rosenberg was right about the congressional elections of 2022. All the conventional wisdom — the polls, the punditry, the fretting by fellow Democrats — revolved around the expectation of a big red wave and a Democratic wipeout. Democrats would surprise everyone, he said again and again: There would be no red wave. This time, he is predicting that President Biden will defeat Donald J. Trump in November. He even has a Substack newsletter offering insights and daily reassurance to his worried readers — “Hopium Chronicles,” the name taken from what the pollster Nate Silver suggested he was ingesting back in 2022.

Persons: Simon Rosenberg, —, Rosenberg, Michael Dukakis, Biden, Donald J, Trump, David Plouffe, Barack Obama, — “, Nate Silver Organizations: Democratic

☆ No, this isn't Biden's 'Comey moment' — at least not yet
▼ + stars: | 2024-02-09 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

Some Democrats are fearful that are entering a "Comey moment" in the wake of special counsel Robert Hur's report. Democrats who are having fever dreams about James Comey shouldn't resort to a full freakout over special counsel Robert Hur's blistering views of President Joe Biden's alleged declining memory. The biggest difference is that Comey made his initial comments in July 2016, months later in the political calendar. Comey also made his statements on camera, a distinction that matters when cable TV producers can cue up old footage months later. Unlike Comey, most of this is under Biden's control.

Persons: Robert Hur's, Comey, —, James Comey, Joe Biden's, Clinton, Biden, shouldn't, Dan Pfeiffer, Pfeiffer, Ian Sams, Beau, Hillary Clinton's, Nate Silver, Hur, Mueller, Paul Begala, Begala, Donald Trump, I'm Organizations: Service, Department, Democrat, CNN, Justice Department, GOP, Biden Locations: Egypt, Mexico

☆ Economists say a potential spike in gas prices could hand Trump the White House
▼ + stars: | 2024-02-01 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

One of the key points for their model is an expectation that gas prices will remain largely stable. The economists caution a slight surge in prices could shift expectations towards a Trump victory. "All else equal, if gas prices surge back close to $4 per gallon, [former President Donald] Trump will win." AdvertisementBiden's presidency has endured major shocks in the oil market, which have sent gas prices as high as $5 a gallon in the summer of 2022. The popular gas-pricing app said in its 2024 outlook that gas prices could average $3.15 in November with a potential range of $2.99-$3.31.

Persons: Biden, —, Joe Biden, Biden's, Mark Zandi, Brendan Lacerda, Justin Begley, Donald, Trump, Moody's, Nikki Haley, Nate Silver Organizations: Trump, Service, Biden, Arizona Locations: Ukraine, North Carolina

They also dug into and sorted through a blizzard of political news — particularly the new New York Times/Siena battleground-state polling with dreadful news for President Biden that has Democrats freaked out (again). I mean: Donald Trump ahead of President Biden in five of six crucial battleground states? Should Biden at this late stage consider not pursuing re-election? Nate Silver: Thanks for having me, Frank! And the answer might just be that he’s 80 years old, and that colors every impression voters have of him.

Persons: Frank Bruni, Katherine Mangu, Nate Silver, FiveThirtyEight, Biden, ”, Donald Trump, Nate, let’s, Frank, Biden doesn’t Organizations: Republican, New York Times, Times Locations: Siena, The

☆ The Trump Era has been an electoral fiasco for Republicans. What comes next might not be any better.
▼ + stars: | 2023-11-08 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

Trump has created a Republican Party that struggles mightily when he's not on the ballot. At the same time, the former president's unpopularity can make him radioactive to once-loyal GOP voters. It's unclear how the Republican Party will chart its future out of this current trap. AdvertisementAdvertisementThe Republican Party is in disarray. "Daniel Cameron lost because he couldn't alleviate the stench of Mitch McConnell," Trump wrote on Truth, his social media platform, just days after effusively praising Cameron.

Persons: Trump, he's, —, Donald Trump, Andy Beshear, Joe Biden, Glenn Youngkin's, Nate Silver, Erick Erickson, Daniel Cameron, Mitch McConnell, Cameron, McConnell, Romney, MAGA, Obama, Biden, Kevin McCarthy, Marjorie Taylor Greene, Tuesday's Organizations: Republican Party, GOP, Service, Kentucky Gov, Trump, Alabama, Republican, Tea Party, House Republicans, Republicans, Beshear, Chamber, Commerce, Party of Locations: Virginia, Georgia, Arizona, Lincoln, Iowa, Florida

☆ How insiders are reacting to Mark Thompson, CNN's new CEO, and how they think he'll tackle the network's challenges: 'He wants to be involved in editorial'
▼ + stars: | 2023-08-30 | by ( Lucia Moses | ) www.businessinsider.com time to read: +7 min

WBD named Mark Thompson as CNN's new CEO in a shift by David Zaslav to an experienced news leader. Thompson is widely credited with turning the Times into a digital powerhouse, transforming a news organization that was teetering financially. Under Thompson, there also were flops along the way to success for the Times, like the failed NYT Now mobile app. Thompson is expected to be involved in editorialObservers and insiders expressed optimism about the Thompson news. They also will be watching to see how he will carry out WBD CEO David Zaslav's commitment to providing a wider range of political viewpoints, including conservative ones.

Persons: WBD, Mark Thompson, David Zaslav, Thompson, Chris Licht, Ken Doctor, Meredith Kopit Levien, who'd, Times —, Levien, Nate Silver, Jill Abramson, Abramson, wouldn't, Mark, Donald Trump, David Zaslav's, He'll, Jeff Zucker, I've, Zaslav, Licht, he'd, Semafor, James Harding, Andrew Ross Sorkin, he's, Jonathan Miller, Miller, Amy Entelis, David Leavy, Virginia Moseley, Eric Sherling, who's, Leavy Organizations: CNN, New York Times, Warner Bros, Discovery, Max, longtime Times, Times, ESPN, ABC, Observers, BBC, Company, Integrated Media Co, Editorial Locations: British

☆ Nate Silver, FiveThirtyEight Founder, Expects to Depart ABC News Amid Layoffs
▼ + stars: | 2023-04-25 | by ( Livia Albeck-Ripka | ) www.nytimes.com time to read: 1 min

Nate Silver, the founder and editor of the data-driven news site FiveThirtyEight, said on Tuesday that he expected to leave ABC News as layoffs rattle its parent organization, the Walt Disney Company. Mr. Silver, who started FiveThirtyEight in 2008, and was affiliated with The New York Times from 2010 to 2013, said on Twitter that the Disney layoffs had “substantially impacted” the site. “I am sad and disappointed to a degree that’s kind of hard to express right now. We’ve been at Disney almost 10 years,” he wrote. “My contract is up soon and I expect that I’ll be leaving at the end of it.”Mr. Silver noted that he had begun having conversations about other opportunities, because he had been worried about “an outcome like this.”

☆ Musk Censors the Press
▼ + stars: | 2022-12-16 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

New York CNN —Elon Musk is no free speech warrior. Will news and media organizations remain on the platform, while Musk hastily bans their reporters without explanation? Musk has touted that he is a free speech maximalist and repeatedly said he would like to permit all legal speech. “I hope that even my worst critics remain on Twitter, because that is what free speech means,” Musk once tweeted. As Harwell told me, “Elon says he is a free speech champion and he is banning journalists for exercising free speech.

Arizona Sen. Kyrsten Sinema’s announcement Friday morning that she was abandoning the Democratic Party to become an independent may require Democrats to modify their catchphrase. Her desperate leap out of the Democratic Party will someday make a compelling story for her book. In response, the Arizona Democratic Party took the serious step of censuring Sinema for her behavior. She’ll almost certainly need to fend off that challenge without the institutional Democratic Party resources she would otherwise have enjoyed. Her desperate leap out of the Democratic Party will someday make a compelling story for her book.

☆ Dig at U.K. housing site yields major 7th century treasures
▼ + stars: | 2022-12-07 | by ( Associated Press | ) www.nbcnews.com time to read: +4 min

Experts say the necklace, uncovered with other items near Northampton in central England, is part of the most significant early medieval burial of a woman ever found in the U.K. But scientists say her long-buried trove will shed new light on life in 7th century England, a time when Christianity was battling with paganism for people’s allegiance. On one of the last days of the 10-week dig, site supervisor Levente-Bence Balázs noticed something glinting in the dirt. It is adorned with tiny, astonishingly well-preserved likenesses of human heads with blue glass eyes, who may represent Christ’s apostles. Once archaeologists have finished their work, the plan is for the items to be displayed in a local museum.

☆ Stephen King says he'll quit Twitter if Elon Musk makes him pay $20 a month to be verified: 'they should pay me'
▼ + stars: | 2022-10-31 | by ( Travis Clark | ) www.businessinsider.com time to read: +3 min

Elon Musk is reportedly considering making people pay $20 per month to stay verified on Twitter. Author Stephen King tweeted that he'll quit the site if that idea is implemented. King tweeted on Monday that he would leave Twitter if the plan is implemented. "$20 a month to keep my blue check? Musk's first few days as Twitter owner have been messy, beyond public figures saying they would leave the site.

☆ A top House Republican gifted Kevin McCarthy an ornate silver bowl as a nod to a famous scene from HBO's 'The Wire' about leaders having to eat crap: book
▼ + stars: | 2022-10-18 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

A top ally of Kevin McCarthy loved "The Wire" so much that he gave the Republican a silver bowl. Nonetheless, McHenry continued to email the Republican clips of the scene that incredibly is a parable an actual politician used to tell. "There's a knock at the door in the corner of the room, and Pete comes walking in carrying this gorgeous Sèvres silver bowl, hand chased ... 'It's from the unions,' Tony, played by Sam Coppola, says. You're sitting, eating shit all day long, day after day, year after year." So according to Draper, the North Carolinian bought an ornate silver bowl that was once the property of the British army.

☆ Shadow of war hangs over Ethiopia's Meskel festival celebrations
▼ + stars: | 2022-09-27 | by ( ) www.reuters.com time to read: +2 min

Members of Ethiopian Orthodox choir sing during the Meskel festival celebration to commemorate the discovery of the true cross on which Jesus Christ was crucified on at Meskel square, in Addis Ababa Ethiopia, September 26, 2022. REUTERS/Tiksa NegeriADDIS ABABA, Sept 27 (Reuters) - The shadow of war hung over Ethiopia's Meskel festival in Addis Ababa on Tuesday, with high security, low turnout and Orthodox Christian priests calling for peace and forgiveness in their sermons. As they do year after year, hundreds of priests, musicians and singers clad in white robes came together on the vast expanse of the capital's Meskel Square. "Just like the mothers were crying under the cross, our mothers in the North are also crying. Register now for FREE unlimited access to Reuters.com RegisterReporting by Addis Ababa newsroom; Writing by Estelle Shirbon; Editing by Andrew HeavensOur Standards: The Thomson Reuters Trust Principles.

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