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☆ The Fed has waited four years to cut rates. But it’s still a tough call
▼ + stars: | 2024-09-18 | by ( Bryan Mena | ) edition.cnn.com time to read: +5 min

It’s also a sign of confidence from Fed officials that inflation has come under control just enough to comfortably dial back policy. Typically, in the lead-up to a Fed policy decision, Wall Street and economists are in alignment on what to expect. But investors’ wagers for a half-point cut ramped up on Monday; and as of Tuesday afternoon, federal funds futures contracts were pricing in a 63% chance of a jumbo rate cut, up from around 30% on Thursday, according to the CME Group. As inflation skyrocketed in 2021 and 2022, American employers pumped out jobs and the unemployment rate declined to half-century lows. The Fed eventually responded to the country’s inflation problem with its bitter medicine of high interest rates.

Persons: It’s, Christopher Waller, Elizabeth Warren, Robert Kaplan, Bill Dudley, ”, Powell, ” Gregory Daco, “, ” Julia Hermann Organizations: Washington CNN, Federal Reserve, Street, CME, Fed, Democratic, Dallas Fed, CNBC, Former New York, Bloomberg, Dow, Labor, New York Life Investments, CNN

☆ Former Dallas Fed President Kaplan advocates for a half-point interest rate cut
▼ + stars: | 2024-09-17 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

If Robert Kaplan still had a say in the matter, he'd be pushing for a half percentage point interest rate reduction at this week's Federal Reserve meeting. The former Dallas Fed president told CNBC on Tuesday that making the bolder move of 50 basis points would better position policymakers heading into the latter part of the year and the economic challenges ahead. "If I were sitting at the table, I would be advocating for 50 in this meeting," Kaplan said during a "Squawk Box" interview. One basis point equals 0.01%. Kaplan ran the Dallas Fed from 2015-21 and is now a managing director at Goldman Sachs.

Persons: Robert Kaplan, Kaplan, Jerome Powell, Jay Powell, Goldman Sachs Organizations: Dallas Fed, CNBC, Federal

☆ The Fed's biggest interest rate call in years happens Wednesday. Here's what to expect
▼ + stars: | 2024-09-17 | by ( Jeff Cox | ) www.cnbc.com time to read: +7 min

The meeting wraps up Wednesday afternoon, with the release of the Fed's rate decision coming at 2 p.m. "I hope they cut 50 basis points, but I suspect they'll cut 25. Here's a breakdown of what's on tap:The rate waitThe FOMC has been holding its benchmark fed funds rate in a range between 5.25%-5.5% since it last hiked in July 2023. The 'dot plot'Perhaps just as important as the rate cut will be the signals meeting participants send about where they expect rates to go from here. In June, FOMC members penciled in just one rate cut through the end of the year.

Persons: Jerome Powell, William McChesney Martin Jr, Andrew Harnik, they'll, Mark Zandi, that's, Tom Simons, Zandi, Robert Kaplan, There'll, Seema Shah, FOMC, Moody's, Goldman Sachs, Powell presser, Goldman, Simons Organizations: Federal Reserve, Committee, Moody's, Wall, Jefferies, Dallas Fed, CNBC, Asset Management Locations: Washington , DC

☆ Former Dallas Fed President Robert Kaplan: I would be advocating for a 50 basis point rate cut
▼ + stars: | 2024-09-17 | 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 EmailFormer Dallas Fed President Robert Kaplan: I would be advocating for a 50 basis point rate cutRobert Kaplan, Goldman Sachs vice chairman and former Dallas Fed President, joins 'Squawk Box' to discuss the Fed's policy meeting this week, what to expect from the central bank on interest rates, why he's advocating for a 50 basis point rate cut, state of the economy, and more.

Persons: Robert Kaplan, Goldman Sachs Organizations: Former Dallas Fed, Dallas Fed

☆ NFL team sales are likely to stall as valuations soar
▼ + stars: | 2024-09-05 | by ( Alex Sherman | ) www.cnbc.com time to read: +10 min

Abbie Parr | Getty Images Sport | Getty ImagesThe Seattle Seahawks may be the next National Football League team to sell. The average NFL team is now worth $6.49 billion, and no team is valued at less than $5.25 billion, according to CNBC's Official 2024 NFL Team Valuations. Seven of the last 10 NFL teams to be sold outperform the S&P 500 on a percentage-gained basis since the sale. Each of the last four NFL team sales has set a new record, showcasing the rise in valuations. WATCH: New England Patriots owner Robert Kraft on new NFL private equity ruleswatch now

Persons: Abbie Parr, Paul Allen, Allen's, Jody, Marc Ganis, Roger Goodell, It's, There's, Neal Pilson, That's, Ganis, —, Daniel Snyder, Josh Harris, Terry Pegula, Kim, Ralph Wilson, David Tepper's, Jerry Richardson, Rob Walton, Pat Bowlen, Virginia Halas McCaskey, George Halas, McCaskey, George McCaskey, They're, Goodell, Curtis Martin, Tracy Gallagher, Gallagher, Robert Kraft, Kraft Organizations: Getty, Seattle Seahawks, National Football League, Former Seahawks, Microsoft, NFL, Disney, National Basketball Association, Netflix, CBS Sports, Pilson Communications, NBA, Washington, Philadelphia 76ers, National Hockey League's New Jersey Devils, Billionaire, Buffalo Bills, Carolina Panthers, Panthers, Walmart, Denver Broncos, Bills, Broncos, Chicago Bears, Bears, The Miami Dolphins, Los Angeles Chargers, Ares Management, Sixth Street Partners, Arctos Partners, Equity, Blackstone, Carlyle Group, Capital Partners, Arta Finance, NHL, Major League Baseball, New England Patriots, CNBC Locations: U.S, Spain, Germany, Brazil

NFL owners voted Tuesday to allow private equity firms to take a maximum 10% stake in teams. The league has never allowed private equity investment before. No other league takes a percentage of the so-called carry — the percentage of a fund's investment profits that managers typically receive as compensation — for all private equity firms. The NFL has informally told investment firms that if they make a return on an investment, it wants a portion of the profits to be returned to the league. It was unclear if the NFL's plans to take a piece of profits would deter future investment from private equity.

Persons: Brock Purdy, Robert Kraft, CNBC's, Curtis Martin, Jake Piazza Organizations: San Francisco 49ers, Kansas City Chiefs, Super, National Football League, NFL, Major League Baseball, National Basketball Association, National Hockey League, New England Patriots, Ares Management, Sixth Street Partners, Arctos Partners, Dynasty Equity, Blackstone, Carlyle Group, Capital Partners Locations: Allegiant, Las Vegas

☆ Joe Rogan walks back RFK Jr. support after MAGA meltdown
▼ + stars: | 2024-08-10 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

Read previewJoe Rogan wants you to know that calling Robert Kennedy Jr. "the only" presidential candidate who "makes sense" wasn't an endorsement. On Rogan's post, Trump allies continued to insult Rogan's intelligence and trustworthiness. Mike Madrid, a Republican political consultant, told The New York Times that Rogan's support of Kennedy Jr "takes straight from the Trump base." However, a potential deal between the two — in which Kennedy Jr. would receive a cabinet position in exchange for his endorsement — fell through. Representatives for Kennedy, Trump, and Rogan did not immediately respond to requests for comment from Business Insider.

Persons: —, Joe Rogan, Robert Kennedy Jr, Rogan, Kennedy, Donald Trump, Kamala Harris, Bob Gymlan, Robert F Kennedy, MAGA stans, Kennedy Jr, Trump, I'm, Trump's, Lex Fridman's, Ron DeSantis, hasn't, Mike Madrid, James Carville, Kyle Rittenhouse, Rittenhouse, he'd Organizations: Service, Business, Trump, Florida Gov, Republican, New York Times, Biden, Democratic, BBC Locations: Kenosha , Wisconsin

☆ RFK Jr. says he planned to skin a dead bear cub after it was hit by a van but later dumped it in Central Park
▼ + stars: | 2024-08-05 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +3 min

"I was driving up really early, and a woman in a van in front of me hit the bear and killed it, a young bear. He then said his friends, who had been drinking, encouraged him to abandon the carcass in Central Park in New York. To dispose of the carcass, Kennedy said he intentionally left the dead bear on the side of the road to make it appear like a car had hit the bear. Related storiesA 2014 New York Times story appears to detail the incident though the exact timeline is unclear. Per the Times, a woman "noticed the dead bear cub, which was lying under some bushes, partially concealed by an abandoned bicycle."

Persons: —, Robert Kennedy Jr, Kennedy, Roseanne Barr, Tatiana Schlossberg, John F, JFK's, they're, Barr Organizations: Service, Business, New York Times, Times Locations: New York, Central Park

☆ Former Dallas Fed President on FOMC meeting: I think Powell did exactly what he needed to do
▼ + stars: | 2024-08-01 | 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 EmailFormer Dallas Fed President on FOMC meeting: I think Powell did exactly what he needed to doRobert Kaplan, former Dallas Fed President and Goldman Sachs vice chairman, joins 'Squawk on the Street' to discuss his reaction to the policymakers' decision on Tuesday to leave interest rate unchanged.

Persons: Powell, Robert Kaplan, Goldman Sachs Organizations: Former Dallas Fed, Dallas Fed

☆ Boeing Names Kelly Ortberg as Its Chief Executive
▼ + stars: | 2024-07-31 | by ( Niraj Chokshi | More About Niraj Chokshi | ) www.nytimes.com time to read: +1 min

Mr. Ortberg, known as Kelly, will inherit a long list of difficult tasks. Mr. Ortberg, 64, brings decades of industry experience and an outsider’s perspective to the role. He is a former chief executive of Rockwell Collins, which made electronic systems and other technology for aircraft, including those made by Boeing. A mechanical engineer, Mr. Ortberg began his career at Texas Instruments in 1983. He joined Rockwell in 1987, quickly rising through the ranks, overseeing development programs for the Boeing 787 and Airbus A350 planes, and eventually becoming chief executive in 2013.

Persons: Robert K, Ortberg, Kelly, Rockwell Collins, Ortberg’s, Rockwell Organizations: Mr, Boeing, Current, Texas Instruments, Rockwell, Airbus, United Technologies, Raytheon, RTX

☆ Political Violence and Division Aren’t Worse Than Ever - The New York Times
▼ + stars: | 2024-07-31 | by ( Zeynep Tufekci | ) www.nytimes.com time to read: +6 min

Don’t Tell My Friends, But… is a seriesin which we asked Times columnistswhateveryone else is wrong about. And research showing big partisan divides over a wide range of issues, with political violence on the rise. However, there have been many periods in U.S. history when things were worse — and we could end up there again. To see how bad it could get, there’s no need to go all the way back to the Civil War. Studying the history of violent political division is the opposite of resignation or nihilism: It’s a hopeful call to action!

Persons: Martin Luther King Jr, King, Robert Kennedy, — Richard Nixon, Nixon, Max Noel, Bryan Burrough, Noel scoffs, ”, “, Antonio Gramsci, hasn’t Organizations: Capitol, Gallup, Democratic National Convention, Electoral, National Guard, Kent State, Democratic National Committee, Pentagon, U.S . Capitol, State Department, Wall, California Attorney General’s, downer Locations: Washington, Vietnam, Chicago, Cambodia, Ohio, California, United States, Italian

☆ I've studied past assassination attempts in US politics. The most similar one to Trump's resulted in a loss in the election.
▼ + stars: | 2024-07-27 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +6 min

For the 1912 election, Taft had the official Republican Party nomination, but Roosevelt decided to run as a third-party independent candidate. JFK and Robert Kennedy's assassinations had different electoral outcomesAfter John F. Kennedy's assassination on November 22, 1963, Lyndon B. Johnson became president. Johnson enjoyed significant popularity — over a 75% approval rating — on the coattails of Kennedy's assassination. AdvertisementRobert Kennedy's assassination meant Johnson's vice president, Hubert Humphrey, had an easier time securing the Democratic nomination. Ford pardoned Nixon and tried to move past Watergate, but the Republican Party couldn't overcome Nixon's stink and Ford's dismissal of his wrongdoings.

Persons: —, David Head, Donald Trump, I'm, John F, Kennedy, Theodore Roosevelt, Roosevelt, Republican William Howard Taft, Taft, Woodrow Wilson, Trump, Wilson, Robert Kennedy's, Lyndon B, Johnson, Robert F, Nixon, Hubert Humphrey, Richard Nixon, Gerald Ford, Ford, Republican Party couldn't, Kamala Harris, Biden, it's Organizations: Service, University of Central, Business, Trump, Republican, Republican Party, Democratic, Republicans, JFK Locations: University of Central Florida, Orlando , FL, Milwaukee, Taft, Vietnam, Los Angeles

☆ A Southwest flight came 150 feet from crashing in the sea. Experts suspect 'pure human error.'
▼ + stars: | 2024-07-25 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +5 min

Read previewA Southwest Airlines flight that was diverted after a dangerously low descent was likely down to "pure human error," aviation experts said. A Southwest flight came dangerously close to the Courtney Campbell Causeway in Tampa. A dangerous patternIt's not the first time a Southwest flight has descended to a dangerously low altitude. In June the FAA said it was investigating a Southwest flight that dropped to 525 feet when it was 9 miles from landing in Oklahoma City. The FAA is also looking into another Southwest flight that descended to 400 feet above the ocean off the coast of Kauai, Hawaii, in April.

Persons: —, Max, Richard Curran, Mark Stephens, Curran, Courtney Campbell, Sridip Kumar Mishra, Stephens, Nancy Allen, it's, Robert Katz, Katz Organizations: Service, Airlines, Boeing, Business, Air Traffic Control, TV, Fox, Aviation Administration, Aviation Management, City University of London, Delta Air Lines, aj Airbus, Tampa Bay Times, Tampa International Airport, FAA Locations: Columbus , Ohio, Tampa , Florida, Fort Lauderdale, Tampa, Tampa Bay, Oklahoma City, Kauai, Hawaii, Southwest

☆ Trump Has a Chance at Political Rebirth. Will He Grab It? - The New York Times
▼ + stars: | 2024-07-18 | by ( Charles R. Kesler | ) www.nytimes.com time to read: +1 min

The legal proceedings are themselves on trial, on hold or in the process of being dismissed. More strikingly, the case Mr. Trump would have made for himself in his acceptance speech as a witness, a martyr to serial partisan persecution, has suddenly been transcended. It was shoved aside by the would-be assassin’s bullet, which came within an inch of its target, drawing blood but not brain. The scene instantly recalled worse American tragedies — the assassinations of John Kennedy and Robert Kennedy, the Rev. Never Trumpers have frequently accused Mr. Trump of lacking courage — sometimes because he has never faced death on the battlefield.

Persons: Donald Trump, Trump, John Kennedy, Robert Kennedy, Martin Luther King Jr, Abraham Lincoln Organizations: Republican National Convention, Democratic Locations: Manhattan, Milwaukee, Florida

☆ RFK Jr. to receive Secret Service protection after Trump assassination attempt
▼ + stars: | 2024-07-15 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Independent presidential candidate Robert F. Kennedy Jr. addresses the Libertarian Party's national convention in Washington, U.S., May 24, 2024. Independent presidential candidate Robert F. Kennedy Jr. will receive Secret Service protection at the direction of President Joe Biden as a result of the attempted assassination of former President Donald Trump, U.S. "In light of this weekend's events, the president has directed me to work with the Secret Service to provide protection to Robert Kennedy Jr.," Mayorakas said at the White House during a daily briefing. "Thank you to President Biden for granting me Secret Service protection," Kennedy said on X.Trump, who was shot at Saturday by a 20-year-old gunman during a rally in Pennsylvania, has urged the U.S. government to provide Secret Service protection to Kennedy, who had been repeatedly denied a Secret Service detail. Trump wrote a post on the Truth Social app.

Persons: Robert F, Kennedy Jr, Joe Biden, Donald Trump, Alejandro Mayorkas, Robert Kennedy Jr, Mayorakas, Biden, Kennedy, Trump Organizations: Libertarian Party's, U.S . Homeland, Service, White, U.S Locations: Washington , U.S, U.S, Pennsylvania

☆ Stephen King, Sarah Jessica Parker and More Share Their Top Books of the 21st Century
▼ + stars: | 2024-07-08 | by ( The New York Times Books Staff | ) www.nytimes.com time to read: +26 min

To determine the best books of the 21st century , The New York Times Book Review and The Upshot polled hundreds of literary luminaries. Stephen King Stephen King has written more than 60 books, many of which have been adapted for film and television. Min Jin Lee Min Jin Lee has written two novels: FREE FOOD FOR MILLIONAIRES and PACHINKO, which was one of The Times’s 10 Best Books of 2017. Scott Turow Scott Turow is an attorney and writer best known for legal thrillers like PRESUMED INNOCENT and THE BURDEN OF PROOF. DU BOIS, was one of The Times’s 10 Best Books of 2021.

Persons: Stephen King Stephen King, ”, Ian McEwan ●, Christine Falls, Benjamin Black ●, Donna Tartt, Gillian Flynn ●, Cormac McCarthy ●, Margaret Atwood ●, Sarah Waters ●, Philip Roth ●, Viet Thanh Nguyen, “, Stephen King, Min Jin Lee Min Jin Lee, Anthony Doerr ●, Katherine Boo ●, Colm Tóibín ●, Julie Otsuka ● “, Tara Westover ● “, Matthew Desmond ● “, Marilynne Robinson, Edward P, Jones, Barbara Ehrenreich ●, Phil Klay Karl Ove Knausgaard Karl Ove Knausgaard, Roberto Bolaño ● “, Maggie Nelson ● “, Elena Ferrante ● “, Ben Marcus ● “, Emmanuel Carrère ●, Kazuo Ishiguro ●, Claire Keegan ● “, Peter Handke ●, Denis Johnson ●, Svetlana Alexievich, Bonnie Garmus Bonnie Garmus, Barnes, Nehisi Coates, Barbara Kingsolver ●, Tara Westover, Matt Ridley ●, Harry Potter, Prince, Rowling ●, Dave Eggers ●, Henry David Thoreau, Laura Dassow, Ben Rice ●, Colson Whitehead ●, Timothy Egan Nana Kwame Adjei ‑ Brenyah Nana Kwame Adjei ‑, ZZ Packer, Diana Khoi Nguyen, “ Greenwood, Michael Christie, Solmaz Sharif, Min Jin Lee ● “, George Saunders ● “, Jesmyn Ward, Ted Chiang ●, George Saunders ●, Colson Whitehead, Chimamanda Ngozi, Edwidge Danticat, Aracelis Girmay, Natsuo Kirino, Roberto Bolaño ●, Francisco Goldman ●, Paul Beatty Sarah Jessica Parker Sarah Jessica Parker, Tayari Jones, Sting, Paul Murray ●, Megha Majumdar ●, Anthony Marra ●, Jonathan Franzen ●, Donna Tartt ●, Janika Oza, Patrick Radden Keefe, Sonali Deraniyagala James Patterson James Patterson, Bill Clinton, Dolly Parton, J.D . Barker, Stephen King ● “, Markus Zusak ●, Tara Westover ●, Stieg Larsson, Gillian Flynn, Rowling, Anthony Bourdain ●, Keith Richards, James Fox ●, Dennis Lehane ●, Laura Hillenbrand Elin Hilderbrand Elin Hilderbrand, “ Alice, Oliver, Charles Bock ●, Curtis Sittenfeld, Tim Winton ●, Lily King ● “, Anna Quindlen ●, Lauren Groff ● “, Maggie O'Farrell, Raven Leilani, Erin Morgenstern Annette Gordon ‑ Reed Annette Gordon, Reed, Siddhartha Mukherjee, Annette Gordon, Reed ●, Henrietta, Rebecca Skloot ●, Louis Menand ●, Isabel Wilkerson ●, Hilary, Rebecca Roanhorse Rebecca Roanhorse, Hugo, Ann Leckie ● “, Ted Chiang ● “, Kim Stanley Robinson ●, Stephen Graham Jones ●, Ken Liu ●, Djèlí Clark ●, Louise Erdrich ●, Theodore Sturgeon Marlon James Marlon James, Booker, Maria McCann ● “, Bird, James McBride ●, Alan Hollinghurst ●, Min Jin Lee ●, Skippy, Patrick French Roxane Gay Roxane Gay, Michael Chabon ●, Alicia Erian ●, Bernardine Evaristo, Kiese Laymon, Carmen Maria Machado ●, Zadie Smith, Emma Donoghue ●, Ann Patchett Jonathan Lethem Jonathan Lethem, Eugene Lim ●, Olga Ravn ●, Percival Everett ●, Keith Ridgway ●, Renee Gladman ●, Lydia Millet ● “, Helen DeWitt ● “, Robin McLean ●, Christopher Sorrentino Sarah MacLean Sarah MacLean, Angelina M, Lopez ● “, Lisa Kleypas ●, Jennifer Crusie ●, Circe, Madeline Miller, Kresley Cole ●, Beverly Jenkins ● “ Georgie, Kate Clayborn ● “ Hana Khan, Uzma Jalaluddin, Milla Vane ● “, Sherry Thomas Ed Yong Ed Yong, Bel Canto, Ann Patchett, Nana Kwame Adjei, Abed Salama, Nathan Thrall, Mohsin Hamid ● “, Helen Macdonald ● “, Jenny Odell ●, Julie Otsuka, Amal El, Max Gladstone ●, Hernan Diaz, Thomas Chatterton Williams Thomas Chatterton Williams, Hagar's, Jones ●, Catherine Lacey ● “, Dana Spiotta, Joan Silber ● “ Malcolm X, Manning Marable, Alice Munro ●, Hua Hsu, Veronica, Mary Gaitskill ●, Isabel Wilkerson Paul Tremblay Paul Tremblay, Mark Z, Joker, Kaoru Takamura ●, Benjamín Labatut, Stephen Graham Jones, Mariana Enriquez ●, Sara Levine ●, Colson Whitehead Nick Hornby Nick Hornby, Michael Chabon, David Kynaston ●, Billy Lynn's, Ben Fountain ●, Richard Russo, Olive Kitteridge, Elizabeth Strout ●, Mark Harris ●, Adrian Nicole LeBlanc ●, Scott Turow Scott Turow, Sam Quinones ● “, Elena Ferrante, Ann Goldstein, ●, Timothy Snyder ●, Adam Johnson ●, Ann Goldstein ●, Daniel Kahneman ● “, Daniel Alarcón Daniel Alarcón, Oscar Wao, Junot Díaz, Claudia Rankine, Jones ● “, Adrian Nicole LeBlanc ● “, Patrick Radden Keefe Honorée Fanonne Jeffers Honorée Fanonne Jeffers, Victor Luckerson ●, Alice Walker ●, Toni Morrison ●, Toni Morrison ● “, Ibram X, Tiya Miles ●, Isabel Wilkerson Lucy Sante Lucy Sante, Uwe Johnson, Damion Searls, Jeremiah Moss ●, Sigrid Nunez ●, Ian Penman, Mike DeCapite ●, Rachel Kushner ●, Ed Park ●, Svetlana Alexievich Gary Shteyngart Gary Shteyngart, Pitchaya Sudbanthad, Amy Hempel, Amy Hempel ● “, Colm Tóibín, Joseph O’Neill ●, Rachel Cusk ●, Tony Judt ●, Isabel Wilkerson Anand Giridharadas Anand Giridharadas, Jane Mayer ●, Andrew Solomon ● “, Hanya Yanagihara, Suketu Mehta, Karl Ove Knausgaard ●, Asne Seierstad, Joan Didion Jessamine Chan Jessamine, Barack Obama, Tang, Chloé Cooper Jones, Andrea Elliott ● “, Jenny Erpenbeck, Lauren Groff ●, Cathy Park Hong, Sheila Heti ●, Dorothy Roberts Michael Robbins Michael Robbins, Michael Robbins, Kristin Ross ●, Lauren Berlant, Andreas Malm ●, Anahid Nersessian, “ Lila, Mike Davis ●, Chelsey Minnis, Fred Moten ●, Mary Gaitskill Alma, Alma Katsu, Jonathan Strange, Norrell, Susanna Clarke ● “, Sarah Waters, Julie Otsuka ●, Audrey Niffenegger ●, Megan Abbott Megan Abbott, Edgar, Joyce Carol Oates, Kate Atkinson ●, Robert Kolker ●, Oyinkan Braithwaite ●, Daniel Woodrell ●, Joan Didion Joshua Ferris Joshua Ferris, Hemingway, Anne Enright, Patricia Lockwood ●, Paul Harding ●, Ann Napolitano Ann Napolitano, David Mitchell ●, Yaa Gyasi, Emily St, John Mandel ●, John Irving John Irving, OWEN MEANY, John Boyne, Paul Theroux, Abraham Verghese ●, James Salter ●, Nix, Nathan Hill, Edmund White ●, Peter Matthiessen ●, Michael Ondaatje ●, Jeanette Winterson Tiya Miles Tiya Miles, Frederick Douglass, David W, Blight, Andrew Sean Greer ●, Michael Pollan ●, Dara Horn ●, Stephen Greenblatt ●, Jami Attenberg Jami Attenberg, Ada Limón ●, Jonathan Franzen, Alison Bechdel, Sloane Crosley, Alexander Chee ●, Patti Smith ●, Morgan Parker ●, Sara Novic Stephen L, Carter Stephen L, Carter, Deirdre McCloskey ●, Mohsin Hamid ●, Virginia Postrel, Umberto, Geraldine Brooks ●, Richard Powers ●, Jane Brox ●, David Bentley Hart, Lesley Nneka Arimah, Sarah Schulman Sarah Schulman, Mattilda Bernstein, Natasha Trethewey ●, Adania Shibli, Ned Blackhawk ●, Stephanie E, Rogers, Martha S, Steven W, Raja Shehadeh ●, Hugh Ryan Elizabeth Hand Elizabeth Hand, Rene Denfeld ●, Henry Darger, John M, MacGregor ● “, Dan Chaon ● “ James Tiptree Jr, Julie Phillips ●, Kelly Link, Morgan Talty ●, Robert Macfarlane ●, William Gibson Dion Graham Dion Graham, Jonathan Eig’s, Colson Whitehead’s CROOK, Omar El Akkad, Wolf, Marlon James ● “, Winfred Rembert, Cixin Liu ● “, Dave Eggers ● “, George Floyd, Robert Samuels, Toluse, Jonathan Eig ●, Jonathan Eig ● “ Washington, Jeremy Denk Jeremy Denk, David Foster Wallace ●, Jeff, Geoff Dyer ●, Hanif Abdurraqib, Elif Batuman, Alex Ross ●, Kate Molleson Morgan Jerkins Morgan Jerkins, Zora Neale Hurston, Haruki Murakami ●, Masha Gessen ●, Safiya Sinclair ● “, Carmen Maria Machado ● “, Imani Perry, Jesmyn Ward Michael Roth Michael Roth, Amy Bloom, Saidiya Hartman, Valeria Luiselli ●, Jon Fosse, Daniel Kahneman ●, Ben Lerner ●, Jennifer Egan Organizations: New York, Argonauts, J.K, Railroad, Corrections, ”, A.M, Harvard University, OF, Metaphysical, Suns, Ministry, Indians, The New York Times, Hawthorn, Child, Roberto Bolaño ● “, New Yorker, NPR, University of Oklahoma, DU BOIS, PEN, “, Yale Law School, THE, Umberto Eco, Beginners, MacArthur Foundation, Wesleyan University, Topeka School Locations: ”, Brooklyn, Norwegian, Ben Marcus ● “ The, Nantucket, OF MONTICELLO, Monticello, “, BROOKLYN, Britain, Jones ● “ Lincoln, Feral, Bangkok, Susanna Clarke ● “ Lincoln, Burma, Texas, Jonathan Eig ● “, “ Austerlitz, Venice, Death, Varanasi, America, Lorraine

☆ Former Dallas Fed President Robert Kaplan: The Fed is positioning to cut rates in September
▼ + stars: | 2024-07-08 | 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 EmailFormer Dallas Fed President Robert Kaplan: The Fed is positioning to cut rates in SeptemberFormer Dallas Fed President Robert Kaplan joins 'Squawk Box' to discuss the latest market trends, the Fed's inflation fight, state of the economy, rate path outlook, and more.

Persons: Robert Kaplan Organizations: Former Dallas Fed

☆ I read a 27-year-old cult classic considered one of the most popular money books of all time. Here are my 3 main takeaways.
▼ + stars: | 2024-07-07 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +4 min

I first reported on Robert Kiyosaki's "Rich Dad Poor Dad" back in 2015. — part assignment (I recently started reviewing popular money books) and part convenience: "Rich Dad Poor Dad" was gifted to me a few years back and happened to already occupy my bookshelf. His poor dad earned a substantial income but always struggled financially; his rich dad became one of the wealthiest individuals in Hawaii primarily by running businesses. While rich dad wasn't educated in the traditional sense, he understood money — and agreed to pass on that understanding to Mike and Kiyosaki. The former, according to rich dad, will "shut down your brain" and create a "lazy mind," while the latter forces you to be solutions-oriented and get creative.

Persons: Robert Kiyosaki's, Rich Dad, I'd, Dad, What's, It's, he's, Mike, Kiyosaki, wasn't, —, Kiyosaki isn't Organizations: Service, Business, Stanford Locations: Hawaii

☆ Robert Kraft donates $1 million to Yeshiva University to help Jewish transfer students after axing support for Columbia University
▼ + stars: | 2024-06-30 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +1 min

Billionaire Robert Kraft donated $1 million to Yeshiva University for a new program. The program "will help accommodate transferring Jewish students," the university said. Kraft withdrew support for Columbia University after campus protests against the Israel-Hamas war. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRobert Kraft, the billionaire owner of the New England Patriots, donated $1 million to Yeshiva University to establish a program for Jewish transfer students after yanking his support from Columbia University.

Persons: Robert Kraft, Kraft, — Organizations: Yeshiva University, Columbia University, Service, New England Patriots, Blue, University, Business Locations: Israel, New York City

☆ Over 65, With No Place to Call Home
▼ + stars: | 2024-06-28 | by ( Andy Newman | ) www.nytimes.com time to read: +1 min

Robert Kirk, a retired jack of many trades, finds himself homeless at the age of 74 after a chain of events that could happen to almost anyone. His landlady in Brooklyn died, the building’s new owner raised the rent and later evicted the tenants, and he could not find another apartment he could afford with his Social Security check. Now his neighbors at a hotel shelter in Brownsville, Brooklyn, include a 69-year-old ambulette driver who lost his job and apartment after a leg injury, a 73-year-old former plasterer from Panama and a 78-year-old retired sushi chef from Japan. They are among the swelling ranks of older people who are homeless in New York City. According to a report released on Thursday, the number of single adults ages 65 and older in the city’s main shelter system more than doubled from 2014 to 2022, growing nearly three times as quickly as the number of younger single adults in shelters.

Persons: Robert Kirk Locations: Brooklyn, Brownsville , Brooklyn, Panama, Japan, New York City

What's next: Media Matters filed a motion to dismiss Musk's lawsuit in March, but a judge has yet to rule. VCG/GettyGovernment lawsuits and investigationsSEC investigation into Musk's Twitter takeoverThe issues: The Securities and Exchange Commission is investigating Elon Musk's Twitter purchase. Matt Winkelmeyer/Getty ImagesPersonal lawsuits against MuskTornetta v. MuskThe issues: Tesla shareholder Richard Tornetta sued Musk and Tesla in a class action lawsuit regarding Musk's compensation package, which was worth $55.8 billion at the time. Several lawsuits also allege Musk discriminated against them because of their race, gender, or disability in choosing to fire them. The executives were set to receive golden parachutes, but claim Musk and X have not paid them out.

Persons: —, Elon Musk, Musk, Claire Boucher, Grimes, Alex Spiro, Sam Altman, Donald Trump, Spiro, Anna Webber, Angelo Carusone, What's, Gina Carano, Schaerr Jaffe, Tesla, Musk's, Elon, SEC hasn't, Elon Musk's, who've, Owen Diaz, Matt Winkelmeyer, Richard Tornetta, Kimbal Musk, He's, Boucher, Benjamin Brody, Brody, Brody reverberated, Ben Brody, didn't, Robert Kaiden, Kaiden, he's, Agrawal, Parag Agrawal, Ned Segal, Twitter Vijaya Gadde, Sean Edgett, Segal, hadn't Organizations: Service, SpaceX, Business, OpenAI, SEC, Trump, Trump —, Elon, Variety, Media, X Corp, Disney, National Labor Relations Board, UAW, Tesla, Getty Government, Twitter, Securities, Exchange Commission, Justice Department, Reuters, Traffic, Administration, NHTSA, Apple, NLRB, Musk's SpaceX, US, Employment Opportunity, Musk, Nazi, Litigation Locations: Texas, Texas and Missouri, America, Nazi Germany, California, Delaware, San Francisco

☆ Elon Musk is sued by another ex-Twitter exec, who says top bosses were 'cheated' out of $200 million in severance
▼ + stars: | 2024-06-18 | by ( Tom Carter | ) www.businessinsider.com time to read: +1 min

Elon Musk is facing another lawsuit over his turbulent takeover of Twitter. Twitter's former Chief Accounting Officer is suing Musk over $3.75 million in unpaid severance. Earlier this year, four other ex-Twitter senior execs sued Musk over unpaid severance. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk's legal battles keep piling up — and now he's facing a lawsuit from another former Twitter executive.

Persons: Elon Musk, Musk, execs, —, Elon, Robert Kaiden, Kaiden Organizations: Twitter, Service, Northern, Court, Business Locations: California

☆ Even Kim Kardashian says being a single mom feels overwhelming
▼ + stars: | 2024-06-12 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +5 min

"Even with a team of babysitters or support staff, the emotional and psychological weight of parenting often falls squarely on the single parent's shoulders," Wright said. She shared why Kardashian's struggles touch upon a difficulty many single moms face, no matter how much money they have. Single parents can feel even more acutely spread thin because they're doing it alone. That makes the single parent's job that much more challenging. "People do outsource every single part of parenting, and that has consequences for children," Wright said.

Persons: —, Kim Kardashian, nannies, Kardashian, Annie Wright, Jay Shetty's, Wright, Shetty, they'll, Robert Kamau, Ye, it's Organizations: Service, Business, Netflix Locations: Chicago, North

☆ NFL faces multi-billion dollar antitrust suit over its Sunday Ticket package
▼ + stars: | 2024-06-06 | by ( Chris Isidore | ) edition.cnn.com time to read: +2 min

New York CNN —A class action case challenging the legality of the NFL’s Sunday Ticket package, whose opening arguments are scheduled for Thursday, could shake up television rights deals in professional sports and the way teams make money. The case, first brought in 2015, focuses on the NFL’s package of games outside of a local market that are not shown nationally on other networks. The suit says by restricting broadcasts of those “out-of-market” games to the Sunday Ticket package, the NFL is forcing customers who just want to watch one team or a small group of teams have to pay more. The NFL argues that the current arrangement offers the broadest possible selection of games for fans at a good value. The NFL has been known to settle some high profile cases against it rather than having its practices disclosed and dissected in open court.

Persons: Roger Goodell, Jerry Jones, Robert Kraft, Susman Godfrey, Louis Organizations: New, New York CNN, Sunday, NFL, DirecTV, Google, YouTube, of, Fox News, Dominion Voting Systems, Rams Locations: New York, Los Angeles, St

Hunter Biden, son of U.S. President Joe Biden, arrives at the federal court on the opening day of his trial on criminal gun charges in Wilmington, Delaware, U.S., June 3, 2024. Top House Republicans on Wednesday sent criminal referrals to the Justice Department recommending President Joe Biden's son Hunter Biden and brother James Biden be charged with making false statements to Congress. In his prepared opening statement at the deposition, Hunter Biden pushed back at the basis of the committee's impeachment inquiry. NBC News has reached out to the Justice Department and a representative of James Biden for comment. Hunter Biden and his attorney were in court in Wilmington and could not immediately be reached.

Persons: Hunter Biden, Joe Biden, James Comer, Jim Jordan, Jason Smith, Hunter, James Biden, Donald Trump, General Merrick Garland, David Weiss, Weiss, Joe Biden's, Robert K, Hur, Mike Johnson, Biden, he'd, Hunter Biden's, Tony Bobulinski, Abbe Lowell Organizations: Committee, Top, Republicans, Wednesday, Justice Department, Rep, GOP, NBC Locations: Wilmington , Delaware, U.S, Ohio, New York, Delaware, Washington ,, Wilmington

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