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☆ Investor demand returns to bitcoin despite stagnant price, data shows
▼ + stars: | 2024-07-04 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Crypto investors have been feeling a kind of déjà vu with the sluggish price of bitcoin having barely budged for months now. However, data shows demand for the cryptocurrency has slowly been returning and could soon be reflected in prices. The increase in bitcoin price, however, will depend on growing demand for bitcoin, which usually increases before showing up in prices, he added. "This is typically a high growth rate, so we are already in a high demand growth environment. … Last February-March, prices rallied stronger when demand growth surpassed 6% month-over-month growth."

Persons: Bitcoin, Julio Moreno, Moreno, Nexo, Antoni Trenchev Organizations: CNBC, U.S Locations: U.S

☆ Fisker files for bankruptcy protection in wave of EV startups, moment of déjà vu for its founder
▼ + stars: | 2024-06-18 | by ( Michael Wayland | ) www.cnbc.com time to read: +6 min

Henrik Fisker stands with the Fisker Ocean electric vehicle after its unveiling at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA in Manhattan Beach, California. The new filing comes after the Fisker company failed to secure an investment from a big automaker to keep afloat. The automaker, unlike most of its peers, contracted a third-party manufacturer to build the Fisker Ocean crossover. Déjà vuFor Henrik Fisker, a renowned automotive designer credited with designing the BMW Z8 and Aston Martin DB9, it's déjà vu. His first namesake company – Fisker Automotive – filed for bankruptcy protection in 2013, shortly after he left the company.

Persons: Henrik Fisker, Patrick T, Fallon, Fisker, Nikola, Faraday, It's, Henrik Fisker's, Tesla, Sam Abuelsamid, Magna, Abuelsamid, Geeta Gupta, Gupta, Stephanie Valdez Streaty, Aston Martin, – Organizations: Manhattan, Los Angeles Auto, AFP, Getty, Lordstown Motors, Guidehouse, Software, U.S, Canadian, Apple, Adobe, SAP America, Manpower, Systems, CNBC, Cox Automotive, Fisker, Inc, BMW Z8, Aston, Aston Martin DB9, China's Wanxiang Locations: Manhattan Beach , California, EVs, U.S, North America, Europe

☆ GameStop: Why this meme stock frenzy is different from 2021
▼ + stars: | 2024-06-12 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York CNN —Meme stock mania is back. Meme stocks saw a resurgence last month after Keith Gill, an investor who helped stoke the meme stock frenzy in 2021, made his first post on X in three years. For many traders who experienced the original meme stock craze, the phenomenon has prompted a wave of deja vu. Still, there are key differences between the reignited 2024 meme stock craze and the original in 2021. While GameStop shares have surged in recent weeks, it is still down 65% from its record high closing price in 2021.

Persons: Keith Gill, ” Gill, Gill, —, that’s, Craig Sarembock, ”, Joe Biden, Donald Trump, Trump, Biden, Samantha Delouya, That’s, Elon Musk, OpenAI, Hanna Ziady, ” Musk, Apple Organizations: CNN Business, Bell, New York CNN, stoke, GameStop, CNN, Federal Reserve, Bartlett Wealth Management, Global, ExxonMobil, Chevron, ConocoPhillips, EOG Resources, Schlumberger, Apple, SpaceX, Bluetooth, OpenAI, Developers Locations: New York, United States, OpenAI

☆ Rachel Maddow Q&A: MSNBC star dishes on the rise of authoritarianism and her worries about becoming a Trump target
▼ + stars: | 2024-06-11 | by ( Oliver Darcy | ) edition.cnn.com time to read: +12 min

What important lesson can we learn from history to help us in this moment? Seeing that in our past should help us expect that and hopefully brace ourselves against it in our own time. You take things case by case, situation by situation, lie by lie. Do you think the news media — as a whole — is adequately covering Trump? I think Americans broadly know that’s happening, but also that they may not necessarily know what to do about it.

Persons: Rachel Maddow, Mary, ” —, Maddow, Donald Trump’s, Isaac, Davy Aronson, Donald Trump, DOJ hasn’t, Kathryn Olmsted’s, Hitler, Charles Coughlin —, there’s, Robert Paxton’s “, ”, Il Mondo, Il, Fox, Rupert Murdoch’s, Trump, he’s, He’s, we’ve, Mike Pence, I’m, it’s, Jay Rosen, “ Organizations: New York CNN, MSNBC, Monday, Electoral College, Republican Party, DOJ, Six, New York Times, TIME, Police, Trump, CNN, Fox News Locations: New York, America, United States, Rome, ”

☆ In Arizona, Life Sentences for Juveniles Test Supreme Court Precedents
▼ + stars: | 2024-06-10 | by ( Adam Liptak | ) www.nytimes.com time to read: 1 min

The U.S. Supreme Court has twice rebuked the Arizona Supreme Court for defying its precedents in capital cases. A third ruling from the state court last year seemed to run headlong into another Supreme Court precedent. It said juvenile offenders could be sentenced to die in prison under a state law that did not allow for the possibility of parole. That decision gave rise to a kind of judicial déjà vu, 15 law professors told the justices in a recent supporting brief. “This time, absent intervention, individuals sentenced to mandatory life without parole for crimes committed as juveniles will continue serving unconstitutional sentences.”

Persons: “, ” Organizations: U.S, Supreme, Arizona Supreme, Arizona Locations: Arizona

☆ Welcome to Fantasy Springs, Tokyo DisneySea’s new land
▼ + stars: | 2024-06-06 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +5 min

Tokyo DisneySea's Fantasy Springs port has three themed areas and a new hotel, pictured. Tokyo Disney ResortA few Disney firstsVisitors to the new port first head through a tunnel passage made of rocks shaped like Disney characters from the three film franchises that inspired Fantasy Springs. One of the most anticipated additions inside Fantasy Springs is undoubtedly Rapunzel’s Forest, Disney’s first Tangled-inspired themed area. How to access and stay in the parkThe Tokyo DisneySea Fantasy Springs Hotel offers two options: The Fantasy Chateau and the more luxurious Grand Chateau (pictured here). Tokyo Disney ResortA one-day Fantasy Springs Magic passport is currently included for guests buying one of Tokyo Disney’s hotel vacation packages or available for purchase by those staying at the new Tokyo DisneySea Fantasy Springs Hotel inside the expansion.

Persons: Peter Pan, Flynn Rider, Peter Pan’s, Tinker Bell, John Darling –, Captain Hook, won’t, “, ”, Anna, Elsa, bakehouse Organizations: CNN, Tokyo, Disney, Oriental Land Co ., –, Tokyo Disney, Visitors, Resort, Spotify, Springs Hotel, Springs, Tokyo Disney Resort Locations: DisneySea, Tokyo, United States, Corona, Fantasy Springs, Fantasy

☆ Opinion | I’ve Seen the Biden-Trump Rematch Before, and It Was Scary
▼ + stars: | 2024-05-27 | by ( Mikhail Zygar | ) www.nytimes.com time to read: +1 min

His advisers, adamant that he is the only bulwark against a formidable opponent, insist that his candidacy is crucial for the survival of democracy. That aged president is not Joe Biden but Boris Yeltsin. As I watch the American presidential campaign unfold, I’ve been constantly reminded of their contest. Back in the ’90s, Russia stood at a crossroads, seemingly faced with a clear choice: democracy or tyranny. The country’s young democracy was at stake.

Persons: isn’t, Joe Biden, Boris Yeltsin, Donald Trump, Gennady Zyuganov, I’ve, Vladimir Putin, Boris Yeltsin’s, Viktor Chernomyrdin, Boris Nemtsov —, Yeltsin Organizations: Communist, Communists Locations: America, Russia

☆ Insider Today: Google's big shakeup
▼ + stars: | 2024-05-19 | by ( Matt Turner | ) www.businessinsider.com time to read: +4 min

Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. If you're interviewing for a job in the coming weeks, check out these five questions to ask at the end. Roaring Kitty; Getty Images; Alyssa Powell/BIThis week's dispatchInvestors go back to the futureAdvertisementStocks hit record highs. And with bitcoin hovering near record highs and the crypto winter seemingly behind us, crypto companies are on the front foot once more. Erdinhasdemir/Getty Images, Choness/Getty Images, Abanti Chowdhury/BIThe hottest jobs right now are blueWant a six-figure salary?

Persons: —, Kitty, Alyssa Powell, Keith Gill, Brandon Celi, Abanti Chowdhury, Jobs, Richard A, Rick Doblin, Sundar Pichai Mateusz, Chelsea Jia Feng Google's, shakeup, Sundar Pichai, Pichai, Adam Selipsky's Organizations: Service, Business, Dow, Consumers, Walmart, UPS, FDA, Getty Images, Google, Amazon Locations: Ukraine, East, Silicon

☆ Opinion | I Was a Republican Partisan. It Altered the Way I Saw the World.
▼ + stars: | 2024-05-16 | by ( David French | ) www.nytimes.com time to read: +1 min

This was when I was a conservative constitutional litigator and occasional Republican Party activist, before my journalism career. Almost all of them showed Romney losing to Obama, and so conservative media started a movement to unskew the polls. There was even a website created, Unskewed Polls, that purported to fix the polling errors, and unskewed polls showed Romney winning. Conservatives believed that pollsters were deliberately undercounting Republican votes to discourage Republican voters and sway the results of the election. So to unskew the results, they reweighted the samples to include a higher percentage of likely Republican voters.

Persons: I’m, I’d, Mitt, We’d, Romney, Barack Obama’s, pollsters, Obama Organizations: Republican, Republican Party, Republicans, Obama, Conservatives, Fox News Locations: Boston, Romney, Ohio

☆ Revival of Meme Stock Mania Continues for GameStop and AMC
▼ + stars: | 2024-05-14 | by ( Bernhard Warner | More About Bernhard Warner | ) www.nytimes.com time to read: +1 min

Wall Street is feeling meme stock déjà vu. The shares of the movie theater chain AMC Entertainment were similarly buoyant, and obscure cryptocurrencies named after Roaring Kitty and GameStop posted huge gains. Retail traders have been spurred on by the return of Roaring Kitty to social media after a three-year hiatus. Aside from Roaring Kitty’s return to social media, the rally was not driven by any evident news about GameStop or AMC. “Given my past experience in analyzing the periodic bouts of meme stock activity, consider me suspicious,” Sosnick wrote in a research note.

Persons: Keith Gill, Roaring, Gill, Steve Sosnick, ” Sosnick Organizations: GameStop, Netflix, AMC Entertainment, Retail, AMC, Interactive

☆ Bird flu could jump to humans any day. A former surgeon general says it feels like 2020 again.
▼ + stars: | 2024-04-25 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

In recent months the highly pathogenic H5N1 virus has been spreading through US cattle herds for the first time ever. The cow-to-cow transmission is the latest escalation in a global outbreak that began when the virus reemerged in Europe in 2020. Bill Powers with his flock of white turkeys, kept under shelter to prevent exposure to bird flu, in Townsend, Delaware. Nathan Howard/Getty ImagesDr. Jerome Adams, a former surgeon general and the director of health equity at Purdue University, is getting deja vu. AdvertisementOnly testing the sickSo far, the USDA has only been testing cattle herds when an animal appears sick.

Persons: —, Jeremy Farrar, Nathan Frandino, Farrar, Bill Powers, Nathan Howard, Jerome Adams, they've, Adams, Donald Trump, hasn't, Terry Chea, they're, Zeynep Tufekci, Jean Carroll, Alexi J . Rosenfeld, President Trump, Trump, Biden Organizations: Service, Business, World Health Organization, Washington Post, Food and Drug Administration, New York Times, FDA, Johann, Reuters, US Centers for Disease Control, Purdue University, CDC, US Department of Agriculture, White, USDA Locations: Europe, South America, Fresno , California, Texas, Townsend , Delaware, COVID, Sonoma County , California

☆ Olivia Rodrigo's guest appearance with No Doubt at Coachella proves the Gen Z artist is carrying a torch for Gen X
▼ + stars: | 2024-04-15 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +3 min

Gen X musicians often inspire Rodrigo's music. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Rodrigo has long paid dues to her Gen X predecessors, calling them a huge inspiration to her music. On her most recent album, "GUTS," the singer told Rolling Stone that she tapped into tunes from the all-woman ensemble Babes in Toyland to help craft "All-American Bitch" — a song questioning misogynistic expectations. It's clear that she's gaining some street cred among Gen X: Of course, she is buddies with Stefani.

Persons: Olivia Rodrigo, Gwen Stefani, Rodrigo, Stefani, Gen, —, It's, Willow, Jada Pinkett, Smith, Alanis Morissette's, Rodrigo's, Fiona Apple, Rolling Stone, Billie Joe Armstrong, Jack White, White, She's Organizations: Service, Nylon Magazine Locations: Coachella

☆ Here's how Biden's new student loan forgiveness plan differs from his first
▼ + stars: | 2024-04-14 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

President Joe Biden delivers remarks on canceling student debt on February 21, 2024 in Culver City, California. Mario Tama | Getty Images News | Getty ImagesA more targeted forgiveness programBiden's 2020 campaign promise to erase student debt was thwarted at the Supreme Court last June. The majority-conservative court ruled that Biden's $400 billion loan cancellation plan was unconstitutional. Biden had tried to forgive the debt of nearly all 40 million federal student loan borrowers, with many people getting up to $20,000 in cancellation. The new plan also calls for borrowers to get up to $20,000 of unpaid interest on their federal student debt forgiven, regardless of their income.

Persons: Joe Biden, Mario Tama, Biden, Luke Herrine Organizations: Getty, University of Alabama, CNBC Locations: Culver City , California

☆ Harry Kane: ‘He was happy to be here’: Bayern Munich striker returns to the Emirates to haunt Arsenal once again
▼ + stars: | 2024-04-10 | by ( Matias Grez | ) edition.cnn.com time to read: +7 min

CNN —Some Arsenal fans might have been forgiven for waking up in a cold sweat in the nights leading up to Tuesday’s Champions League quarterfinal first leg against Bayern Munich. The 30-year-old became the fastest player to score 20 Bundesliga goals, reaching the landmark in just 14 matches, well ahead of Uwe Seeler’s previous record of 21. He also has four hat-tricks to his name, something no player had previously achieved in their first Bundesliga season. Arsenal fans thought Kane should have been shown a red card in the second half. With Bayern fans banned from the match due as punishment for throwing flares onto the pitch during their side’s win against Lazio in the previous round, you could hear a pin drop inside the Emirates.

Persons: Harry Kane, Kane, Uwe Seeler’s, Seeler, Robert Lewandowski’s, David Klein, Thomas Tuchel, Xabi Alonso’s Bayer, Kane’s, “, ” Tuchel, Eric Dier, Adrian Dennis, Tuchel, haven’t, ”, Serge Gnaby, Leroy Sané, David Raya, Leandro Trossard’s, Gabriel, William Saliba, Kieran Cleeves, It’s, Kingsley, Frenchman, ” Kane Organizations: CNN, Arsenal, Tuesday’s Champions League, Bayern Munich, Gunners, Tottenham Hotspur, Bundesliga, Reuters Bayern, Bayern, Xabi Alonso’s Bayer Leverkusen, FC Saarbrücken, League, “ Arsenal, Spurs, Champions League, Getty, “, Emirates, Lazio, Tottenham, TNT Sports Locations: England, London, Germany, Europe, AFP, Munich

☆ Opinion | Israel Is Making the Same Mistake America Made in Iraq
▼ + stars: | 2024-04-07 | by ( David French | ) www.nytimes.com time to read: +1 min

As the war in Gaza reaches its six-month mark, I’m getting a disturbing sense of déjà vu. Israel is facing many of the same challenges that America faced in Iraq, and it is making many of the same mistakes. The terrible civilian toll and looming famine in Gaza are a human tragedy that should grieve us all; they are also directly relevant to the outcome of the war. A modern army like Israel’s can absolutely defeat Hamas in a direct confrontation, regardless of whether it provides aid to civilians. But as we’ve learned in our own wars abroad, it cannot preserve its victory unless it meets Gazans’ most basic needs.

Persons: Aaron Boxerman, Iyad, Al Shifa, “, isn’t, we’ve Organizations: America, Palestinian Locations: Gaza, vu, Israel, Iraq

☆ These plane crash survivors and victims’ loved ones are becoming scared to fly again after years of travel. They’re not alone
▼ + stars: | 2024-04-06 | by ( Elizabeth Wolfe | ) edition.cnn.com time to read: +13 min

Others, however, said they are still confident in flight safety, pointing out that commercial air travel remains one of the safest modes of transportation. Cara and Erin Ashcraft survived the crash of American Airlines Flight 1420, operated on a McDonnell Douglas MD-82, during a landing at Little Rock National Airport on June 1, 1999. “I’ve never had concerns (about air travel safety) before. This is the hole left behind when the plug door of an Alaska Airlines flight blew off midflight on January 5, 2024. Pierson is wary of attitudes around the apparent safety of American air travel, he said.

Persons: Barb Handley, –, ” Handley, Handley, ”, ‘, Mary Handley, Alice, Barb Handley Miller, Pat Gabrielse, Dan Handley, Beth Handley McMall, Kathleen Handley Salemi, Cara, Erin Ashcraft, “, I’m, ” Cara, ” Cara Ashcraft, ’, McDonnell Douglas, Andy Scott, “ I’m, ” Erin Ashcraft, ” ‘ I’ve, Trey Smith, “ I’ve, ” Smith, Smith, Scott Kirby, United, Boeing Aubrey, Max, Aubrey, they’re, ” Anthony Brickhouse, Florida’s Embry, Brickhouse, Ed Pierson, Pierson, That’s, ” CNN’s Chris Isidore, Jacopo Prisco Organizations: CNN, Alaska Airlines, United Airlines Boeing, Boeing, –, National Transportation, NTSB, Federal Aviation Administration, United Airlines, American Airlines, McDonnell, Little Rock National Airport, Dallas Morning News, International Air Transport, United, Reuters United, Airbus, “ Airlines, Delta Air Lines, Hawaiian Airlines, Florida’s, Riddle Aeronautical University, Alaska Airlines Max, US Federal Aviation Administration, National Transportation Safety Board, Foundation for Aviation Safety, Air Canada, San Francisco International Airport Locations: Alaska, Little Rock , Arkansas, United States, Virginia, Los Angeles, East, Southwest

Hogan's political ascendency resulted in large part from his criticism of tax increases that resonated with a tax-weary electorate in his upset victory in 2014. And Hogan, who was originally elected governor by railing against tax increases endorsed by the Maryland General Assembly, has already made the Maryland race unusually competitive in the heavily Democratic state. The Maryland Senate this month largely kept his budget plan intact, despite a drop in revenue estimates announced after the governor submitted his plan. The Senate has been mostly unreceptive to the House plan, with Ferguson ruling out the corporate tax component. He's also ruled out legalizing internet gambling this year, another part of the House plan.

Persons: Larry Hogan’s, Baltimore's, Francis Scott Key, Republican hasn’t, Hogan, Bill Ferguson, ” Hogan, Del, Ben Barnes, “ I’m, Larry Hogan, ” Barnes, “, ” Ferguson, David Trone, Angela Alsobrooks, Wes Moore, Ferguson, He's, Moore, haven't Organizations: Republican, Gov, U.S . Senate, Baltimore Democrat, Associated Press, Governor, Maryland General Assembly, Democratic, Washington Post, University of Maryland, Republicans, Maryland, Democratic U.S . Senate, U.S, Senate, Transportation Trust Fund, state's, ”, Maryland Democrats, GOP, Maryland Republican, U.S . Rep, Maryland Senate Locations: ANNAPOLIS, Md, Maryland, Baltimore, U.S, Senate, Prince George's

☆ Disney's fight with Nelson Peltz will come to a head tomorrow. Here's where things stand.
▼ + stars: | 2024-04-02 | by ( Madeline Berg | ) www.businessinsider.com time to read: +6 min

A vote for the Disney's slate of board members will show support for Iger's performance as CEO since he returned to lead the company in November 2022. AdvertisementIt's the culmination of months of tussling between Disney and Peltz, who has been waging war against Disney's board since January last year. "When I sold Lucasfilm just over a decade ago, I was delighted to become a Disney shareholder because of my long-time admiration for its iconic brand and Bob Iger's leadership." And proxy advisory firm Institutional Shareholder Service recommended shareholders vote for Peltz, though not Rasulo. Advertisement"We wish the very best to Bob, this management team, and the board," Peltz said on CNBC at the time.

Persons: —, Bob Iger, Nelson Peltz's Trian, that's, Peltz, Jay Rasulo —, Maria Elena Lagomasino, Michael Froman, Gen, Alpha, Jason Schloetzer, BlackRock, Rowe Price, Iger, Roy Disney's, Laurene Powell Jobs, George Lucas, Lucas, Bob Iger's, Donald Duck's, Ludwig Von Drake, Schloetzer, Trian, That's, Neuberger Berman, Ike Perlmutter, he'd Organizations: Service, Disney, Nelson Peltz's Trian Partners, Business, Century Fox, Epic Games, Georgetown University's McDonough School of Business, Vanguard, Street Journal, ValueAct Capital, Walt, Star Wars, Lucasfilm, New York Times, California Public Employees, CNBC, Netflix, ABC, ESPN, Marvel, Financial

☆ Opinion: Conservatives game the system to drag Supreme Court further into culture war
▼ + stars: | 2024-04-01 | by ( Steve Vladeck | ) edition.cnn.com time to read: +8 min

He is the author of the “One First” Supreme Court newsletter. Both cases were filed in federal district courts in which the plaintiffs could literally hand-pick the specific federal judge who would be assigned to hear the dispute. Indeed, the Supreme Court granted emergency relief in both the social media and mifepristone cases. But the Supreme Court is another matter. For once, the Supreme Court is the victim of right-wing litigation behavior, not the culprit.

Persons: Steve Vladeck, Stephen I, Biden, they’ve, Terry Doughty, Donald Trump, Matthew Kacsmaryk, Trump, —, Neil Gorsuch, Gorsuch Organizations: CNN, University of Texas School of Law, Monroe Division, Court, Western, Western District of, Amarillo Division, Northern, Northern District of, Appeals, Fifth, Fifth Circuit, Democratic, Ninth Circuit, Consumer Financial Protection Bureau, Securities, Exchange, Conference, United, Northern District of Texas, Judicial, Federal, FDA Locations: Murthy v . Missouri, Monroe, Western District, Western District of Louisiana, Amarillo, Northern District, Northern District of Texas, Orleans, Texas, Austin, West Coast, United States

☆ Two brains: One visualizes too much, the other not at all
▼ + stars: | 2024-03-27 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +12 min

“I understand concepts, I comprehend things, I have memories, but they aren’t supported by any images,” Wathen said. Paul BokslagDutch-born artist Geraldine van Heemstra is at the opposite end of this unique way of processing. In reaction to cruel teasing from her brothers and school friends, van Heemstra learned to hide her sensory abilities as a child. “It was quite tricky at school as well, such as with math, where I would see the numbers in color,” van Heemstra said. “It was so frustrating at school because I would explain something, and then I would be laughed at,” van Heemstra said.

Persons: Mary Wathen, ” Wathen, “, Wathen, ”, “ I’ve, ‘ You’ve, Geraldine van Heemstra, Paul Bokslag Dutch, van, ” van Heemstra, “ It’s, van Heemstra, van Heemstra can’t, aphantasia, Adam Zeman, Zeman, ” Zeman, aphantasia don’t, ” That’s, I’m, they’ve, that’s, what’s, Van Heemstra, ” Van Heemstra, you’re Organizations: CNN, University of Exeter, University of Edinburgh, Cognitive Sciences, “ Locations: Newent, England, Scottish, London, Edinburgh, Scotland, Miami

☆ Bananarama hasn't heard Taylor Swift's 'Cruel Summer,' but they wish she'd covered their song with the same name instead
▼ + stars: | 2024-03-13 | by ( Amanda Goh | ) www.businessinsider.com time to read: +3 min

Bananarama members say they haven't heard Taylor Swift's "Cruel Summer." "I would have preferred her recording mine, because then I could have made some of her money," Keren Woodward told Billboard. AdvertisementBananarama — who has a song called "Cruel Summer" — says they haven't heard Taylor Swift's hit of the same name. AdvertisementSwift's "Cruel Summer" hit the top of Billboard's Hot 100 chart in October 2023, four years after it was released. "Deja Vu," a song off Rodrigo's debut album "Sour" was embroiled in a copyright controversy after fans noted the similarities between the song and Swift's "Cruel Summer."

Persons: Taylor, Keren Woodward, —, Bananarama —, haven't, Taylor Swift's, Sara Dallin, Dallin, hasn't, Woodward, I've, Swift, It's, Olivia Rodrigo, Rodrigo, Swift —, Jack Antonoff, Anne Clark, Vincent —, Clark, Nigro Organizations: Billboard, Service, British Locations: Irish

☆ Regional banks were all ‘guilty until proven innocent’ after Silicon Valley Bank, Citizens CEO says
▼ + stars: | 2024-03-10 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +9 min

Other regional bank stocks got slammed: By the end of the day, most saw their stock down by double-digit percentages. Kori Suzuki/ReutersIt’s been exactly one year since that fateful day marked the start of a string of subsequent bank failures. Because of that, “there will be bank failures,” Federal Reserve Chair Jerome Powell warned senators in his semi-annual testimony last week. Bruce Van Saun: People like to call last year’s bank failures regional bank failures. Office real estate is just one component of commercial real estate, albeit the most worrisome to banks and economists.

Persons: Bruce Van Saun, NYCB, Kori Suzuki, Reuters It’s, it’s, Jerome Powell, Van Saun, Richard Drew, didn’t, Michael Nagle, Joseph Otting, Otting, CARLOS BARRIA, we’re, we’ve Organizations: New, New York CNN, Citizens Financial Group, New York Community Bank, NYCB, Reuters, CNN, Signature Bank, Silicon Valley Bank, Citizens Financial, Providence, Financial Group, Bloomberg, SVB, we’re, SoFi, Citizens, OneWest Bank, CIT Group, REUTERS Locations: New York, Silicon, San Francisco , California, Providence , Rhode Island, Covid

☆ Why Donald Trump’s Super Tuesday win is a defeat for Rupert Murdoch
▼ + stars: | 2024-03-07 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

New York CNN —Donald Trump just defeated Rupert Murdoch (again). That’s an outcome that Murdoch, the billionaire media mogul and one-time Republican kingmaker who controls Fox News, had hoped to avoid. Trump himself understood that Murdoch has not wanted him to serve as the Republican nominee. Now that Trump has secured command over the GOP, it is déjà vu for Murdoch. Put more simply: Trump has checkmated Murdoch, clearing one more hurdle standing in his way on the path to the White House.

Persons: Donald Trump, Rupert Murdoch, Nikki Haley, Murdoch, kingmaker, Ron DeSantis, Trump, DeSantis, we’ve, Megyn Kelly, Joe Biden, —, checkmated Murdoch Organizations: New York CNN, Republican Party, GOP, Fox News, Trump, Dominion Voting Systems, Republican, Florida Gov, New York Post, Democratic Party, Fox, Democratic Locations: New York, Florida, DeSantis, Trump’s

☆ House GOP's budget 'poison pills' could force spending cuts, rattle economy
▼ + stars: | 2024-02-27 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +5 min

House Republican hardliners' efforts to stonewall a budget deal ahead of a looming government shutdown could risk triggering automatic spending cuts later this spring that may put pressure on the U.S. economy's already fraught recovery. A full-year budget deal to avert the FRA cuts appears increasingly unlikely, amid staunch opposition from the House's ultraconservative wing. Freedom Caucus derailmentMembers of the House Freedom Caucus, a coalition of hardline conservatives, have been working to derail a permanent budget. Instead, they want to extend the current temporary spending resolution through the rest of the fiscal year, ensuring the FRA's spending cuts are triggered on April 30. But if the FRA's automatic spending cuts take effect, they could rattle the broader economy's teetering recovery.

Persons: Mike Johnson, Jake Sullivan, economy's, Joe Biden, Chuck Schumer, Mitch McConnell, Hakeem Jeffries, Jan, Johnson, Kevin McCarthy, McCarthy, McConnell, Piper Sandler, Nancy Lazar, Lazar, Sen, Patty Murray Organizations: National Security, U.S, Capitol, House Republican, Congressional Research Service, Caucus, Democrat, Freedom Caucus, Congressional Locations: Washington ,, stonewall, D

☆ Investors and execs eye Trump's potential return to the White House
▼ + stars: | 2024-02-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

AdvertisementThe 2024 presidential election seems destined to be the rematch many voters have been expecting : President Joe Biden against former President Donald Trump. So what would Trump's return to the White House mean for stocks? President Joe Biden gives remarks on the conflict between Israel and Palestine at the White House in Washington on October 7, 2023. During his speech, President Biden reiterated the United States' support for Israel. Amanda Andrade-Rhoades/For The Washington Post via Getty ImagesAmong the world's more powerful people, opinions are divided on the impact of Trump's return.

Persons: we've, Donald Trump, Donald Trump grins, Chip Somodevilla, Joe Biden, Trump, Nikki Haley, Haley, Biden, Trump's, that's, Matthew Fox, James Reilly, Amanda Andrade, Rhoades, didn't, Jamie Dimon, Dimon, Ray Dalio, Tesla, Warren Buffett, Berkshire Hathaway, Charlie Munger, Francois G . Durand, Jenny Chang, Rodriguez, Dick Costolo, Elon, Rebecca Zisser, Gen Zers, Millennials, Uber, Dow, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: South, GOP, Trump, South Carolina GOP, Gov, Nasdaq, Capital Economics, White, Israel, Washington, Getty, Economic, CNBC, Bridgewater, Nvidia, Berkshire, SpaceX, Dow Jones, US Locations: New Hampshire, China, Capital, Israel, Palestine, Washington, United States, Russia, Ukraine, New York, London, Chicago

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