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☆ Gold lacks momentum as investors brace for Fed minutes
▼ + stars: | 2024-10-09 | by ( ) www.cnbc.com time to read: +2 min

Gold prices slipped on Thursday as investors booked profits after a sustained rally and pressure from institutional investors looking to raise cash, while focus shifted to U.S. economic data for clues on the Federal Reserve's rate path. Gold prices were subdued on Wednesday as investors strapped in for minutes from the Federal Reserve's latest policy meeting for insights into the U.S. central bank's interest rate trajectory. "Gold prices seem to be seeing a much-needed retracement lower. Boston Fed President Susan Collins said on Tuesday that weakening inflation trends make it likely the U.S. central bank can implement further interest rate cuts. Zero-yield bullion tends to thrive in a low interest rate environment.

Persons: I'm, Matt Simpson, Simpson, Susan Collins Organizations: Federal, Index, Traders, U.S . Consumer, Boston, Gold Locations: U.S, North America

☆ S&P 500 futures are little changed after stocks pull back to start new week: Live updates
▼ + stars: | 2024-10-07 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Stock futures were little changed on Monday night, following a losing day on Wall Street as rising oil prices and bond yields weighed on markets. S&P 500 futures and Nasdaq 100 futures each also traded near flat. The Dow finished nearly 400 points lower, while the S&P 500 slid close to 1%. Bond yields and prices move inversely to each other. But energy names climbed alongside the commodity, making it the only sector of the 11 that comprise the S&P 500 to finish Monday in the green.

Persons: Bond, Larry Tentarelli, you've, They'll, Susan Collins, Raphael Bostic Organizations: New York Stock Exchange, Stock, Dow Jones Industrial, Nasdaq, Dow, Treasury, West Texas, Boston Federal, Atlanta Fed Locations: New York City, East, Iran, Israel

The central clash in the pivotal Senate race in Montana — and the fight for control of the Senate itself — was on full display Monday night as Democratic Sen. Jon Tester and Republican Tim Sheehy faced off in a heated debate. Like other vulnerable Senate Democrats, Tester tried to make it personal — touting his bipartisan bona fides, highlighting his own connections to his red-leaning state and suggesting his opponent cannot be trusted. Montana is the party’s next top target, with Tester running for re-election in a state Trump won by 16 points in 2020. James Richmond, 50, an IT consultant and voter in Helena, pointed to those comments in explaining why he plans to support Sheehy, despite supporting Tester’s work for veterans. An AARP poll conducted in late August found Sheehy leading Tester by 6 points, 55% to 49%.

Persons: —, Democratic Sen, Jon Tester, Tim Sheehy, Sheehy, Donald Trump, Tester, “, ” Tester, who’s, ” Sheehy, Trump, Biden, Harris, heeding, Joe Biden, James Richmond, Joe Biden’s, ” Richmond, stater haven’t, Chuck Schumer, Jon Tester ”, ”, Kamala Harris, Gary Peters, Sen, Susan Collins, He’s, ” Peters, outspent Sheehy, Barack Obama, outperforming, Steve Bullock, GOP Sen, Steve Daines, Charlie Kirk, Montanans ”, Sarah Thaggard, ” Thaggard, Chuck Denowh, ” Denowh, ” Bridget Bowman, Alex Tabet Organizations: Senate, Democratic, Navy, Democratic Party, Republicans, Trump, GOP, Republican, MSNBC, Democrats, NBC News, “, National Republican, AARP, Fox News, Maine Republican, National Press Club, Gov, Native, Koosta, University of Montana, Montana Republican Locations: Montana —, Montana, West Virginia . Montana, Helena, Washington, Maine, Georgia, Missoula , Montana

☆ A bloc of Trump voters in key swing states also backs Democratic Senate candidates. Here's why that matters.
▼ + stars: | 2024-09-29 | by ( John L. Dorman | ) www.businessinsider.com time to read: +6 min

However, there's an interesting dynamic at play in pivotal swing states like Arizona, Michigan, and Pennsylvania headed into November: A relatively small but significant bloc of Trump voters are also backing Democratic Senate candidates. In Michigan, Democratic Rep. Elissa Slotkin led Rogers by five points (47% to 42%). If Harris wins in November and Democrats win exactly 50 seats, then Minnesota Gov. But should Trump win the election and pro-Trump ticket-splitters help Democrats keep their majority, it would pump the brakes on a conservative agenda. AdvertisementA Democratic Senate would serve as a check on Trump.

Persons: Donald Trump, —, John Kerry, — Blanche Lincoln, Byron Dorgan — coasted, Democrat Joe Biden, Republican Susan Collins, Kamala Harris, Harris, Biden, Trump, Kari Lake, Mike Rogers of, Bernie Moreno, David McCormick of, he's, Elissa Slotkin, Andrew Harnik, Democratic Sen, Sherrod Brown, Moreno, Brown, Ruben Gallego, Rogers, Bob Casey Jr, Tammy Baldwin, it'll, Montana Sen, Jon Tester, Republican Tim Sheehy, Tim Walz Organizations: Service, Democratic, GOP, Democrat, Republican, Trump, David McCormick of Pennsylvania, New York Times, Siena College, Buckeye State, Democratic Rep, Democrats, Minnesota Gov, Republicans Locations: Arkansas, North Dakota, Maine, Arizona , Michigan, Pennsylvania, Kari Lake of Arizona, Mike Rogers of Michigan, Bernie Moreno of Ohio, Siena, Arizona , Michigan , Ohio, Wisconsin, , Ohio, Michigan, Arizona, In Michigan, Sens, Ohio, Montana, Florida, Texas, Minnesota

☆ Meta’s misinformation problem has local election officials struggling to get out the truth
▼ + stars: | 2024-09-26 | by ( Jonathan Vanian | Jonathan Vanian Is A Technology Reporter For Cnbc.Com | ) www.nbcnews.com time to read: +13 min

CNBC flagged posts with the false information to Meta. A company spokesperson said, “Meta has sent them to third-party fact-checkers for further review.”Across the U.S., with 40 days until the Nov. 5 election, state and local officials say they are puzzled by what to expect from Facebook. In 2016, Facebook was hammered by Russian operatives, pushing out false posts about Hillary Clinton to bolster Trump. Given Maricopa County’s high profile during the election season, the state often attracts attention from Facebook users across the country. During a Senate hearing last week on election threats, Meta’s head of global affairs, Nick Clegg, fielded questions about the company’s election preparedness.

Persons: Derek Bowens, Bowens, ” Bowens, “ Meta, Donald Trump, Hillary Clinton, Meta, Elon Musk, Kamala Harris, Taylor Kinnerup, Kinnerup, ”, “, ” Kinnerup, she’d, Meta’s, Nick Clegg, Sen, Susan Collins, Collins, ” Clegg, Scott McDonell, it’s, McDonell, ” McDonell, Jeramy Gray, Meta “, Gray, ” Gray, we’ve Organizations: Facebook, USA, North Carolina State Board, CNBC, Meta, Republican, Russian, Trump, Pew Research Center, Elon, Associated Press, Reuters, Democratic, Maricopa, ” Intelligence, Homeland Security, FBI Locations: Durham County , North Carolina, N.C, ”, North Carolina , Mississippi, New Jersey, Springfield , Ohio, U.S, Canada, Maricopa County, North Carolina , Arizona, Arizona, Maine, China, Dane County, Wisconsin, Los Angeles County, North Carolina’s Durham County

WASHINGTON — Lawmakers averted a government shutdown 40 days before the election, but they’ll face another funding crunch right before the holidays and a new Congress and president take office. House Appropriations Committee Chairman Tom Cole, R-Okla., predicted that the two parties could come to a deal and avoid a shutdown in December. Congratulations, congressmen.”The full House has already passed five of the 12 appropriations bills for the new fiscal year. The Senate Appropriations Committee sent 11 out of 12 spending bills to the floor, where none of them have had votes. "What Leader Schumer should have done is brought the appropriations bills to the floor.

Persons: WASHINGTON —, Mike Johnson, ” Johnson, Johnson, “ We’ve, ”, appropriators, they’ve, Debbie Wasserman Schultz, “, doesn’t, Tom Cole, ” Cole, it’s Donald Trump, Harris, Chip Roy, Roy, we’ve, Schumer, Sen, Susan Collins, Chuck Schumer, Byron Donalds, ” Donald, Mitch McConnell, Hakeem Jeffries Organizations: WASHINGTON, WASHINGTON — Lawmakers, Republicans, CRs, Democrats, Wednesday's, Senate, White, Republican, GOP, Freedom Caucus, SAVE, Conservative Locations: Washington, haven’t, Texas, Maine, D

☆ Dollar firm following sharp rebound as Fed speakers eyed
▼ + stars: | 2024-09-26 | by ( ) www.cnbc.com time to read: +4 min

Earlier this week, Chicago Fed President Austan Goolsbee said policymakers "can't be behind the curve" if the economy is to have a soft landing. Atlanta Fed President Raphael Bostic said the central bank needn't go on a "mad dash" to lower rates. Later Thursday, Fed Chair Jerome Powell gives pre-recorded remarks at a conference in New York, where New York Fed President John Williams also speaks. Boston Fed President Susan Collins and Fed Governors Michelle Bowman and Lisa Cook take to the podium at various other venues as well. Minutes from the Bank of Japan's July meeting, when the central bank raised short-term interest rates, showed policymakers were divided on how quickly the central bank should raise interest rates further.

Persons: Adriana Kugler, Austan Goolsbee, Raphael Bostic, I'm, it's, Kenneth Crompton, Jerome Powell, John Williams, Susan Collins, Michelle Bowman, Lisa Cook, NAB's Crompton, Sterling, bitcoin Organizations: Reserve, Fed, Chicago Fed, Atlanta Fed, National Australia Bank, New York Fed, Boston, Weekly U.S, Traders, Bank of Japan's, Swiss Locations: New York

☆ Meta's misinformation problem has local election officials struggling to get out the truth
▼ + stars: | 2024-09-26 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +14 min

Meanwhile, multiple Facebook users in states like North Carolina, Mississippi and New Jersey continue to share the ballot misinformation without any notification that it's false. Across the U.S., with 40 days until the Nov. 5 election, state and local officials say they are puzzled by what to expect from Facebook. In 2020, the site hosted rampant misinformation about politically charged issues like Covid treatments, masking and voter fraud. Given Maricopa County's high profile during the election season, the state often attracts attention from Facebook users across the country. During a Senate hearing last week on election threats, Meta's head of global affairs, Nick Clegg, fielded questions about the company's election preparedness.

Persons: Rebecca Noble, Derek Bowens, Bowens, Meta, Donald Trump, Hillary Clinton, Elon Musk, Kamala Harris, Taylor Kinnerup, Kinnerup, she'd, Meta's, Saul Loeb, Nick Clegg, Sen, Susan Collins, Collins, Clegg, Scott McDonell, it's, McDonell, Jeramy Gray, Gray, we've, Harris Organizations: Department, Facebook, USA, North Carolina State Board, CNBC, Meta, Republican, Russian, Trump, Pew Research Center, Elon, Associated Press, Reuters, Democratic, Maricopa, National Constitution Center, AFP, Getty, Intelligence, Homeland Security, FBI Locations: Maricopa County, Mesa, Arizona, Mesa , Arizona, U.S, Durham County , North Carolina, N.C, North Carolina , Mississippi, New Jersey, Springfield , Ohio, Canada, North Carolina , Arizona, Philadelphia , Pennsylvania, Maine, China, Dane County, Wisconsin, Los Angeles County, North Carolina's Durham County

Cabinet secretaries came and went in a Trump administration marked by head-spinning turnover. McMaster and John Kelly, all of whom were generals before they took high-ranking positions in the Trump administration. Another post that would loom large in a Trump administration is that of secretary of homeland security. Advisers to Trump’s transition include his sons Donald Trump Jr. and Eric Trump. Trump’s transition team is assembling small teams of people who would help shepherd nominees through to Senate confirmation.

Persons: Donald Trump, Trump, —, Hillary Clinton, Chris Christie, They've, ”, Max Stier, it’s, ” Stier, Kamala Harris, Harris, “, ” Sen, Mitt Romney, ” Romney, James Mattis, John Kelly, Romney, won’t, William Barr, Jeff Sessions, Mark Esper, Marc Short, Mike Pence, Sen, Lindsey Graham, ” Graham, Marco Rubio, Bill Hagerty of, Robert O’Brien, Mike Lee, Ken Paxton, — I’m, Dick Durbin, Tom Cotton, Mike Waltz, Mike Pompeo, Thomas Homan, Homan, ” Homan, “ Trump, Howard Lutnick, Cantor Fitzgerald, Linda McMahon, Lutnick’s, McMahon, Lutnick, Donald Trump Jr, Eric Trump ., Robert F, Kennedy Jr, Tulsi Gabbard, Doug Hoelscher, Hoelscher, Lisa Murkowski, Susan Collins of, Luther Strange, Strange, Roy Moore, Moore, Doug Jones, hadn’t, ’, President Trump, that’s, Stier Organizations: WASHINGTON, White, Former New Jersey Gov, Trump, Public Service, Democratic, H.R, McMaster, Senate, Trump White House, Republican Sens, White House, Harris, Committee, CIA, Customs, Republican National Convention, Small Business Administration, Trump’s, America, Office, Intergovernmental Affairs, Republican, Alabama, Democrat, Brookings, Capitol Locations: Washington, R, Utah, Marco Rubio of Florida, Bill Hagerty of Tennessee, Texas, Milwaukee, Hawaii, Alaska, Susan Collins of Maine, Alabama

☆ Three former chairs of the Maine Republican Party endorse Harris over Trump
▼ + stars: | 2024-09-23 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +3 min

Three former chairs of the Maine Republican Party "enthusiastically endorsed" Democratic Vice President Kamala Harris for president over GOP nominee and former President Donald Trump in an opinion piece published by Bangor Daily News on Monday. "We see these same positive characteristics are on full display in Vice President Harris and her candidacy. A spokesperson for the Trump campaign did not immediately reply to a request for comment on the op-ed. Additionally, the former chairs took a jab at the broader Republican party in their letter, claiming that much of the leadership of the party "has joined the cult of Trump." Both Cole and O'Meara chaired the Maine Republican Party in the 1990s.

Persons: Kamala Harris, Donald Trump, Robert A.G, Monks, Ken Cole, Ted O'Meara, Harris, Cole, O'Meara, Trump, Trump's, Susan Collins, Obama, Dick Cheney, George W, Bush Organizations: Cobb Energy Center, Maine Republican Party, Democratic, GOP, Bangor Daily, Republican, U.S ., Republican Party, Trump's MAGA Republican, Maine Republicans Locations: Atlanta , Georgia, Maine, Ukraine, Philadelphia, United States, Russian

☆ The Fed's interest-rate cut put Trump even more at odds with the central bank
▼ + stars: | 2024-09-19 | by ( Ayelet Sheffey | Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

On Wednesday, the Federal Open Market Committee announced an interest-rate cut of 50 basis points, the first cut Americans have received in over four years. AdvertisementHe's argued in the past that the Fed would only cut rates close to the election to aid Democrats, which he reiterated leading up to the central bank's announcement. Trump sought to use his presidential power to appoint members to the Fed board who supported his unorthodox views of the central bank. Trump has flip-flopped his views on his most important appointment to the Fed: Powell. Trump's tepid support of Powell underlines just how mercurial he can be when it comes to the central bank.

Persons: —, Donald Trump isn't, Jerome Powell, Trump, they're, He's, Powell, Judy Shelton, Shelton, Sen, Susan Collins, Herman Cain, Stephen Moore, Michelle Bowman, Christopher Waller, he's, reappoint Powell, Trump hasn't Organizations: Service, Federal, Market Committee, Democratic, Business, Federal Reserve, Street, Trump, Bloomberg, Fox, Fed, Governors, Maine Republican, Fed Board, Bloomberg News Locations: New York, Michigan, Maine

The vote was 51-44, falling short of the 60 needed to break a filibuster, with Republican Sens. Lisa Murkowski of Alaska and Susan Collins of Maine again voting with Democrats in favor of the bill. Senate Minority Whip John Thune, R-S.D., dismissed it as “another show vote” and vowed that “Republicans support IVF, full stop.”“This is not an attempt to make law. She predicted that Democrats would “lift the filibuster” to get around the 60-vote requirement, which would require 50 senators to vote to change the rules. Katie Britt, R-Ala., and Ted Cruz, R-Texas, that would cut off Medicaid funding for states if they prohibit IVF.

Persons: Kamala Harris, Chuck Schumer, Donald Trump, Harris, Republican Sens, Lisa Murkowski, Susan Collins of, Doug Mills, New York Times Harris, Donald Trump’s, ” Trump, John Thune, ”, ” Thune, ” Sen, Tammy Duckworth, Duckworth, ” Duckworth, Sen, JD Vance, Schumer, Trump, Vance, ” Vance, Taylor Van Kirk, Sens, Katie Britt, Ted Cruz Organizations: WASHINGTON, Republican, New York Times, Democratic, ABC, Congress, Alabama, NBC News, Republicans Locations: Alaska, Susan Collins of Maine, Philadelphia, Alabama, R, Ohio, Texas

WASHINGTON — Congress is considering boosting funding for the Secret Service after what the FBI called an apparent second attempt on former President Donald Trump’s life in 10 weeks. "Nobody's going to want to deny the Secret Service the funding that it needs as long as it justifies it." And Sen. Tim Kaine of Virginia, the 2016 Democratic vice presidential nominee, agreed that both parties would be "very amenable" to any Secret Service funding request. Trump's Secret Service detail on Sunday thwarted what the FBI characterized as a second apparent assassination attempt on him while he was golfing at his club in West Palm Beach, Florida. “One thing I want to make clear, the Secret Service needs more help.

Persons: Donald Trump’s, they’re, protectees, Chuck Schumer, ” Sen, Susan Collins, Ron Rowe, Trump, Collins, Sen, Tommy Tuberville, Mike Johnson, Johnson, Ron Johnson, “ That’s, ”, Jack Reed, Tim Kaine, Ryan Wesley Routh, Routh, Joe Biden, God ”, Biden, Lindsey Graham, Graham, Richard Blumenthal, Conn, he’s, “ We’re Organizations: WASHINGTON, Service, FBI, Republican, Committee, Fox News, Trump, Homeland Security Committee, Secret, Homeland Security, Senate Armed Services, NBC News, Democratic, AK Locations: WASHINGTON —, Maine, Virginia, West Palm Beach , Florida

☆ Senate GOP blocks IVF bill again as Democrats spotlight issue ahead of elections
▼ + stars: | 2024-09-17 | by ( Clare Foran | Ted | ) edition.cnn.com time to read: +6 min

Senate Majority Leader Chuck Schumer on Monday pressed for Republicans to join Democrats in voting to advance the IVF bill. Democratic Sen. Ron Wyden of Oregon objected, and instead urged their colleagues to support Democrats’ bill during Tuesday’s vote. Another Senate GOP bill aimed at addressing concerns about IVF was introduced earlier this year. On Tuesday, Democratic Sen. Patty Murray blocked a uninamous consent request to pass Britt and Cruz’s IVF bill, ahead of the vote on the Democrats’ broader IVF package. “Our bill is the only bill that protects IVF access while safeguarding religious liberty,” Britt said.

Persons: Lisa Murkowski, Susan Collins, Donald Trump, Chuck Schumer, “ We’re, ” Schumer, “, John Thune, ”, Democratic Sen, Tammy Duckworth, Patty Murray, Cory Booker of, GOP Sen, Rick Scott, Ron Wyden, Kat Cammack, Katie Britt, Ted Cruz’s, Britt, Murray, Cruz, ” Britt, we’ve, ” CNN’s Aaron Pellish Organizations: Washington CNN —, Republicans, Democrat, GOP Sens, Republican, Democratic, Illinois, Alabama’s, GOP, Oregon, Democrats, Health Savings Locations: Washington, Cory Booker of New Jersey, Florida

WASHINGTON — To hear Republican nominee Donald Trump and his running mate JD Vance tell it, he wasn’t trying to eliminate the Affordable Care Act as president. “Obamacare was lousy health care. Vance added: “It illustrates Donald Trump’s entire approach to governing, which is to fix problems.”Both Trump and Vance are misrepresenting the facts. As president, Trump fought to repeal and undo the ACA using executive action, legislation and lawsuits. “Which means no actual plan.”“And 45 million Americans are insured through the Affordable Care Act,” she said.

Persons: WASHINGTON, Donald Trump, JD Vance, “, Trump, Sen, Vance, ”, “ Obamacare, It’s, …, ” Trump, Kamala Harris, could’ve, Donald Trump’s, “ Trump, Larry Levitt, Republicans — Sens, Lisa Murkowski, Susan Collins of, John McCain, Arizona —, McCain, ” Levitt, Barack Obama’s, Joe Biden, doesn't, Karoline Leavitt, Leavitt, ” Harris Organizations: ABC, Democratic, Trump, Protection, Republican, American Health Care, Office, House Republicans, Republicans, ACA, Medicare Locations: R, Ohio, Alaska, Susan Collins of Maine, Arizona, Greensboro , North Carolina

☆ US stocks test record highs as Powell says 'the time has come for policy to adjust'
▼ + stars: | 2024-08-23 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

US stocks tested record highs as Fed chairman Jerome Powell delivered his speech at Jackson Hole. "The time has come for policy to adjust," Powell said, confirming imminent interest rate cuts. AdvertisementUS stocks tested record highs on Friday as Federal Reserve chairman Jerome Powell delivered remarks at the Jackson Hole economic symposium. AdvertisementOf note about Powell's Jackson Hole speech, according to Renaissance Macro Research, is that it didn't include the word "gradual." AdvertisementIf Friday's surge higher holds, it could buck the trend of the stock market's reaction to Powell's previous Jackson Hole speeches.

Persons: Jerome Powell, Jackson, Powell, —, Susan Collins, Raphael Bostic, Powell's Jackson, Steve Sosnick, Sosnick Organizations: Service, Federal, Treasury, CNBC, Macro, Interactive Brokers

☆ Opinion | Nate Silver on How Kamala Harris Changed the Odds
▼ + stars: | 2024-08-13 | by ( Ezra Klein | ) www.nytimes.com time to read: +81 min

You know, Hillary Clinton, who was, I think, kind of a terrible candidate, won the popular vote by two points. So I don’t think they gave her a very good hand to play. It doesn’t matter who you are, it matters that you’re right and you’re able to prove it or bet on it in some way. What wasn’t in the Harris model that should have been?” “Yeah, maybe you really can meme your way to victory. And there’s something in it that I don’t think she can explain how she does it, but it makes her a fascinating leader.

Persons: Nate Silver, ”, ESPN’s Nate Silver, Silver, He’s, “ Savage, ” “, he’s, Ezra, Harris, we’ve, Kamala Harris, Donald Trump’s, There’s, Hillary Clinton, she’s, She’s, Gavin Newsom, It’s, Biden, I’m, you’re, Joe Biden, Democratic Party Harris, Liz, —, “, Donald Trump, that’s, George W, Bush, Donald Trump wasn’t, it’s, Michael Jackson, Woody Allen, ’, Chick, don’t, George Floyd, ‘ COVID, COVID, Peter Thiel, Elon Musk, Michael Moritz, Elon, Mark Cuban, Thiel, Max Chafkin, Mark Zuckerberg, Larry Page, Sergey Brin, Marc Andreessen, Ted Cruz, Sam Bankman, Tom Brady, SBF, Carrick Flynn, Oregon’s, I’m Carrick Flynn, Tara MacAulay, vouched, Bill Clinton, Tyler Cowen, they’ve, Jane, JD Vance, Peter Thiel’s, Vance, Trump, Steve Bannon, Don Trump, Jr, Tucker Carlson, Tim Walz, Josh Shapiro, Tell, you’ve, Shapiro, Walz, I’ve, Iglesias, Obama, Susan Collins, Joe Manchin —, Jon Tester, ” “ Sherrod Brown, I’d, Dana White, Hulk Hogan, Joe Biden’s, — let’s, Mike Donilon, Kennedy, ” “ Tim Alberta, Georgia —, Brian Kemp, Blake Masters, Rick Scott, ” “ Trump, Doug Burgum, Black, didn’t, — Woodrow Wilson, Harry Truman, Michael Jordan, everyone’s, Nancy Pelosi’s, Nancy Pelosi, Joe ’, we’re, I’ll, John Coates, Richard Rhodes, Natasha Schüll, Natasha Organizations: Oracle, Trump, Democratic Party, Facebook, Twitter, The New York Times, ’ Harvard University, Democratic White House, Republican White House, Democratic, Silver, George, Vegas, Poker, extroversion, Elon, Sequoia Capital, McLaren, Paypal, Republican, New, PAC, Alameda, Las, Ohio Senate, underperform, White, UFC, RNC, Biden, Biden ., National Association of Black Journalists, Deutsche Bank, Manhattan Project, Design Locations: Nate, Russian, Russia, ’, Elon, Florida, predestiny, Bahamas, Sam, Africa, New York, Oregon, Las Vegas, Petersburg, United States, Ohio, Trump, Minnesota, ” “ Pennsylvania, Pennsylvania, Gaza, Chicago, Montana, Nevada, North Carolina, Georgia, Nevada , Arizona, Biden . Georgia, Carolina, Arizona, Ukraine, LA, It’s, Vegas

WASHINGTON — The hard-right Freedom Caucus is pushing House Republican leaders to condition government funding on passage of new proof-of-citizenship requirements to vote and create a new deadline that faces broad Senate opposition. If GOP leaders attached it to government funding, it would spark a standoff with Democrats and President Joe Biden that risks a government shutdown. House and Senate Democrats favor a late 2024 deadline. Senate Appropriations Chair Patty Murray, D-Wash., said the Freedom Caucus demands amount to “outrageous partisan pills” that are a “nonstarter,” calling for a bipartisan approach. “The House will continue its successful effort to responsibly fund the government for FY25 when it returns from its district work period.”

Persons: WASHINGTON, —, Mike Johnson, President Trump, ”, Harris, Joe Biden, Sen, Susan Collins, Patty Murray, Donald Trump, ” Murray, Bob Good, Johnson, Athina Lawson Organizations: Republican, Caucus, Biden, Trump, Democratic, GOP, Democrats, Committee, NBC, Freedom Caucus, NBC News Locations: U.S, Maine

☆ These Pennsylvania voters illustrate Harris’ suburban challenge
▼ + stars: | 2024-08-12 | by ( John King | ) edition.cnn.com time to read: +11 min

“A ‘Never Trump’ Republican,” Carty said. “When Biden was on the ticket, I was going to vote for Trump,” Carty said. “Definitely I have more friends saying they’re leaning toward Harris,” Carty said. “My street was rock-ribbed Republican,” Sabatini said in an interview at her home in Media, Pennsylvania. And I don’t plan to vote for him in 2024.”The question is, will she vote for Harris or cast another write-in ballot?

Persons: Bala, Pennsylvania CNN — Carol Carty, Ronald, Reagan, ” Carty, “, Donald Trump, –, it’s, Hillary Clinton, Joe Biden, Trump, Carty, Biden, …, Kamala Harris, Nikki Haley, Harris ’ ascendance, Carol Carty, CNN “, Carty isn’t, Harris, Ohio Sen, JD Vance, Vance, Walz, “ I’m, ”, she’s, Harris ’, Tim Walz, ‘, Harris Cynthia Sabatini, ” Sabatini, George H.W, Bush, Sabatini, Susan Collins of, ” Biden, Harris “, … There’s, ” Joan London, Haley, London, “ I’ve, Condoleezza Rice, Ann Coulter, Elizabeth Dole, Michael Pesce, ” Pesce, It’s, Pesce, John King, ” Harris Organizations: Pennsylvania CNN, today’s Republican Party, Republican Party, Republican, Democratic, GOP, Trump ’ Republican, Trump, CNN, South Carolina Gov, Reagan Republicans, Republicans, Minnesota Gov, ”, Pennsylvania, White, Democratic Party, Bucks County . CNN Locations: Bala Cynwyd, Pennsylvania, Philadelphia, Montgomery County, Bala, Harris . Pennsylvania, Shore of Maryland, Delaware County, Media , Pennsylvania, Susan Collins of Maine, London, Berks County, Republican County, Newtown, Bucks County, Bucks County .

☆ How Biden’s 2024 choice could reshape the Senate and Supreme Court for years
▼ + stars: | 2024-07-09 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +18 min

But recent history raises deep questions about whether Democratic Senate candidates can continue to levitate as far above the presidential ticket as polls now show. “A Democratic Senate majority coalition relies on having both Senators from a state such as Michigan,” said Daniel Hopkins, a University of Pennsylvania political scientist. As recently as the 1980s, it was common for voters to split their tickets in Senate races. Still, even that alignment left room for some Senate candidates to swim against this general tide. This history, by itself, doesn’t answer whether Democratic Senate candidates would have better prospects with or without Biden as their presidential nominee.

Persons: Joe Biden, Biden, Donald Trump, Republican Sen, Susan Collins of, Trump, Samuel Alito, Clarence Thomas, Sonia Sotomayor, ”, Democratic Sen, Evan Bayh, Bayh, “, —, Sen, Joe Manchin, who’s, Democratic Sens, Sherrod Brown of, Jon Tester, Montana, Bob Casey, Tammy Baldwin, Jacky Rosen, Elissa Slotkin, Ruben Gallego, Kyrsten, Martin Heinrich, Nella Domenici, Pete Domenici, Curtis Bashaw, Andy Kim, Bob Menendez, Rick Scott, Ted Cruz, Collins, Ron Johnson, Daniel Hopkins, — hasn’t, David Bergstein, ” Bergstein, ” Mike Berg, ” Lee Drutman, Drutman, Biden’s, ” Drutman, Democratic pollster, ” Jason Kander, Kander, Hillary Clinton, Clinton, Roy Blunt, doesn’t, ” Kander, ” Bayh, Republican Todd Young, it’s, Ronald Reagan’s, Barack Obama, Obama, Republican Dean Heller, Heller —, Steve Bullock, Jesse Hunt, Hunt, Hopkins Organizations: CNN, Senate, Democratic, Republican, White, GOP, West, Republicans, Biden, Democratic Sens, Democrats, Trump, University of Pennsylvania, don’t, Democratic Senatorial, “ Republicans, National Republican Senatorial, Democratic Senate, ”, White House, Indiana Senate, Democratic Gov Locations: Susan Collins of Maine, Indiana, West Virginia, Sherrod Brown of Ohio, Pennsylvania, Wisconsin, Nevada, Michigan, Arizona, New Mexico, New Jersey, Florida, Texas, North Carolina, — Maine, Florida , Iowa, Ohio, New America, Missouri, Southern, Maine, Iowa , Kansas , Kentucky, Montana , South Carolina

☆ CNBC Daily Open: Nvidia unseats Microsoft as world's most valuable company
▼ + stars: | 2024-06-19 | by ( Abid Ali | ) www.cnbc.com time to read: +5 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The shift presents challenges for tech-focused ETFs and could affect their holdings of heavyweights like Nvidia , Microsoft , and Apple . Markets are pricing in at least two rate cuts this year, while Fed officials have indicated only one rate cut is likely. Nvidia takes the crown Nvidia on Tuesday surpassed Microsoft to become the world's most valuable public company with a market cap of $3.34 trillion. Federal Reserve Governor Adriana Kugler signaled the likelihood of a rate cut later this year.

Persons: Dave Calhoun, Josh Hawley, Calhoun, Hawley, Paul Ashworth, Susan Collins, Collins, Adriana Kugler, " Kugler, Jeff Cox, Cox, Claudia Sahm, —, Kif Leswing, Bob Pisani, Leslie Josephs, Alex Harring, Samantha Subin, Spencer Kimball, Yun Li, Lim Hui Jie Organizations: New York Stock Exchange, CNBC, Nvidia, Microsoft, Apple, Federal Reserve, Fed, Boeing, Federal, North, Capital Economics, Boston Federal, Peterson Institute for International Economics Locations: New York City, U.S, North America, Boston, Lawrence , Massachusetts, Washington

☆ Treasury yields rise ahead of May retail sales data
▼ + stars: | 2024-06-18 | by ( April Roach | ) www.cnbc.com time to read: +1 min

The 10-year Treasury yield was under a basis point higher at 4.2808%. The 2-year Treasury note yield was also up by less than a basis point to 4.7629%. U.S. Treasury bond yields rose Tuesday as investors traders looked ahead to May retail sales data for insights into the health of the consumer. Retail sales data for May is due Tuesday morning. Federal Reserve officials including Boston Fed President Susan Collins, Dallas Fed President Lorie Logan and Richmond Fed President Tom Barkin are expected to speak at events across the country throughout the day.

Persons: Neel Kashkari, Kashkari, Susan Collins, Lorie Logan, Tom Barkin Organizations: U.S, Treasury, Federal Reserve, Minneapolis Federal, Sunday, CBS News, CBS, Federal, Boston Fed, Dallas, Richmond Fed Locations: Minneapolis, U.S, United States

☆ America’s top central banker says the job market is back to normal. Is that true?
▼ + stars: | 2024-06-16 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

Washington CNN —America’s top central banker recently said the job market now looks the way it did before the Covid-19 pandemic drastically upended society. Before the Bell spoke with Julia Pollak, chief economist at jobs site ZipRecruiter, about her views of the job market. Before the Bell: Do you agree with Chair Powell’s view that today’s job market is back to a pre-pandemic normal? Why is the job market slower now? The number of job openings is higher than it was by around 15% or so, but online job postings are actually lower by ZipRecruiter’s count.

Persons: Washington CNN —, “, Jerome Powell, Powell, it’s, Bell, Julia Pollak, they’re, They’re, Olesya Dmitracova, Emmanuel Macron, Read, Patrick Harker, Lisa Cook, Tom Barkin, Susan Collins, Adriana Kugler, Lorie Logan, Alberto Musalem, Goolsbee Organizations: CNN Business, Bell, Washington CNN, Fed, Labor, EU, National, New York Fed, Manufacturing Index, Reserve Bank of Australia, US Commerce Department, Federal Reserve, National Association of Home Builders, Accenture, Kroger, Darden, Bank of England, US Labor Department, Philadelphia Fed, Richmond Fed, Global, National Association of Realtors Locations: Washington, France, Wells Fargo

☆ Senate GOP blocks bill to guarantee access to IVF nationwide
▼ + stars: | 2024-06-13 | by ( Clare Foran | Ted | ) edition.cnn.com time to read: +5 min

CNN —Senate Republicans voted Thursday to block a bill put forward by Democrats that would guarantee access to in vitro fertilization nationwide. They want to get rid of IVF, they’re afraid to say it.”Biden attacked Senate Republicans after the vote. “And just last week, Senate Republicans blocked nationwide protections for birth control. Last week, Senate Republicans voted to block a Democrat-led bill that would guarantee access to contraception. Cruz and Britt attempted to pass their IVF legislation on the Senate floor Wednesday through a unanimous consent request, but Democrats blocked the effort.

Persons: Republican Sen, John Cornyn of, Roe, Wade, Chuck Schumer, MAGA, Dobbs, ” Schumer, CNN’s Erin Burnett, ” Biden, “, Democratic Sens, Patty Murray, Tammy Duckworth of, Cory Booker of, Lisa Murkowski, Susan Collins of, Katie Britt, Alabama, Ted Cruz of, Joni Ernst of, Cruz, Britt, Murray, CNN’s Kaanita Iyer, Sam Fossum, Morgan Rimmer Organizations: CNN, Democrat, Republican, Republicans, Democratic, Tammy Duckworth of Illinois, Southern Baptist, Joni Ernst of Iowa, GOP Locations: John Cornyn of Texas, Washington, Cory Booker of New Jersey, Alaska, Susan Collins of Maine, Ted Cruz of Texas

☆ These 38 GOP senators just voted against protecting contraception. Here's why.
▼ + stars: | 2024-06-05 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Read previewThe Senate failed on Wednesday to advance a bill designed to protect access to contraceptives nationwide. Just two Republican senators — Susan Collins of Maine and Lisa Murkowski of Alaska — voted with Democrats to advance the bill. Advertisement"Do people really think that even a significant minority of the Republican conference is against access to contraception?" AdvertisementBut still — if Republicans aren't against contraception, why won't they just vote for the bill? Glenn Youngkin of Virginia vetoed a bill to protect access to contraception, arguing that it violated principles of religious freedom.

Persons: —, — Susan Collins of, Lisa Murkowski, Alaska —, Chuck Schumer, Republican Sen, Thom Tillis, — Schumer, it's, Tillis, Griswold, Roe, Wade, Clarence Thomas, They've, James Lankford, Lankford, Sen, Rick Scott of, Glenn Youngkin, John Barrasso of, John Barrasso of Wyoming Marsha Blackburn of Tennessee John Boozman, Arkansas Ted Budd of, Carolina Shelley Moore Capito, West Virginia Bill Cassidy, Louisiana John Cornyn, Texas Tom Cotton, Arkansas Kevin Cramer of, Arkansas Kevin Cramer of North Dakota Mike Crapo, Idaho Ted Cruz of, Idaho Ted Cruz of Texas Steve Daines, Montana Joni Ernst, Iowa Deb Fischer, Nebraska Chuck Grassley, Josh Hawley, Missouri John Hoeven of, Missouri John Hoeven of North Dakota Cindy Hyde, Smith, Mississippi Ron Johnson, Wisconsin James Lankford, Oklahoma Mike Lee, Utah Cynthia Lummis, Wyoming Roger Marshall of Kansas Mitch McConnell, Kentucky Markwayne Mullin, Oklahoma Rand Paul of Kentucky Pete Ricketts, Nebraska Jim Risch, Idaho Mike Rounds, South Dakota Marco Rubio, Eric Schmitt, Missouri Rick Scott, Florida Tim Scott of, Florida Tim Scott of South Carolina John Thune of, Florida Tim Scott of South Carolina John Thune of South Dakota Thoms Tillis, North Carolina Tommy Tuberville, Alabama Roger Wicker, Mississippi Todd Young, Mike Braun, Indiana Katie Britt, Alabama Lindsey Graham of, Alabama Lindsey Graham of South Carolina Bill Hagerty, Tennessee John Kennedy, Louisiana Jerry Moran of, Louisiana Jerry Moran of Kansas Mitt Romney, Utah Dan Sullivan, Alaska JD Vance, Ted Budd Organizations: Service, Nine Republicans, Democratic, Republican, Business, Republicans, GOP, Oklahoma Republican, Democrats, Republican Gov, Arkansas Kevin Cramer of North, Nebraska, Kentucky, Oklahoma, South, Florida Tim Scott of South Carolina John Thune of South Dakota, North, Alabama Lindsey Graham of South Locations: — Susan Collins of Maine, Alaska, North Carolina, . Connecticut, James Lankford of Oklahoma, Oklahoma, Rick Scott of Florida, Virginia, John Barrasso of Wyoming, Arkansas, West, Louisiana, Texas, Arkansas Kevin Cramer of North Dakota, Idaho, Idaho Ted Cruz of Texas, Montana, Missouri, Missouri John Hoeven of North Dakota, Mississippi, Wisconsin, Utah, Wyoming, Nebraska, South Dakota, Florida, Florida Tim Scott of South Carolina, Florida Tim Scott of South Carolina John Thune of South, Alabama, Indiana, Alabama Lindsey Graham of South Carolina, Tennessee, Louisiana Jerry Moran of Kansas, Ohio

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