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Protesters were wielding lit flares, the campus was descending into chaos, and the college’s security guards were outnumbered and exhausted. The college president faced a momentous decision: Watch the chaos grow, or ask the New York Police Department to restore order? And so Vincent Boudreau, president of the City College of New York, invited the police onto the campus. But City College, “the Harvard of the proletariat,” has a unique place in New York, with a mandate to educate the poorest residents, and a long history of radical politics and protest. To many in the City College community, welcoming a police presence onto the Harlem campus was unthinkable.
Persons: Vincent Boudreau, Brown, Organizations: New York Police Department, City College of New, City College, Harvard Locations: Upper Manhattan, City College of New York, Columbia, New York, Harlem
We’re paying for close to 100% of NATO.”Facts First: Trump’s claim is false. They don’t pay their bills.”Facts First: Trump’s claim is false. (It rose to about $314 billion in 2020, Trump’s last full year in office.) Facts First: Trump’s claim is false. Facts First: Trump’s claim that “nobody died other than Ashli” is false.
Persons: Donald Trump, Trump, , William Barr, Bill Barr, Barr, Bill, I’m, , it’s, Biden, Joe Biden, Tamar Hermann, Hermann, Bill Clinton, “ Trump, ” Trump, , National Guard Trump, I’ve, George Floyd, Tim Walz, Walz, Paul —, , Erwan, George Washington, “ don’t, they’re, Stoltenberg, Trump’s, Lagadec, Marc Lipsitch, Barack Obama, European Union won’t, Cortellessa, “ Moody’s, Moody’s, Mark Zandi, Zandi, ’ ” Zandi, Joe Biden’s, rioter Ashli Babbitt, Brian Sicknick, Sicknick, Trump’s ‘, patriotically, , patriotically ’, ” Nancy Pelosi, Nancy Pelosi, “ Nancy Pelosi, Pelosi, Christopher Miller, Miller, Eric Cortellessa, Alvin Bragg’s, Bragg, Matthew Colangelo, Colangelo, Alvin Bragg, ” Cortellessa, Hillary Clinton, , Roe, Wade, Kimberly Mutcherson, “ Donald Trump’s, Maya Manian, Mary Ziegler, Davis, Ziegler, Ruth Bader Ginsburg, Roe should’ve, , Crime Biden, don’t, “ Biden, he’s, James Biden, Jeff Asher, Asher, It’s, ” “, ” Asher Organizations: Washington CNN, Time, Trump, NATO, Capitol, Trump’s, Trade Center, didn’t, World Trade Center, Department, ISIS, CNN, Democratic, White House, White, South Korea Trump, Pentagon’s Defense Manpower Data, Biden Administration, Congressional Research Service, Israel, Israeli Democracy Institute, National Guard, Minnesota Democratic Gov, Minnesota National Guard, Guard, North Atlantic Treaty Organization, George Washington University’s Elliott School of International Affairs, Transatlantic, for Disease Control, World Bank, Washington Post, Harvard, Harvard’s, National, Trump -, of Health, Human Services, Strategic, Biden, U.S . International Trade Commission, European, Benz, Volkswagen, BMW, European Union, US, European Automobile Manufacturers ’ Association, Bloomberg Economics, US Capitol Police, Capitol Police, , Republican, Democratic Rep, National Guardsmen, District of Columbia National Guard, Army, Capitol Police Board, Senate, Justice Department, Pulitzer Foundation, Pulitzer, New York Times, Electoral, Democrat, ” Rutgers Law, American University, university’s Health, University of California, , Customs, Border Protection, Crime, Manchurian, Republicans, FBI Locations: , New York City, Saudi, Florida, al Qaeda, New York, Texas, Mexico, South Korea, Trump , South Korea, South, Korea, Israel, Washington, Trump , Minneapolis, Minneapolis, Trump, Minnesota, St, United States, Germany, Brussels, Belgium, Harvard University, China, EU, DC, Trump’s, , York, Manhattan, York’s, Russia, That’s
As the third graders of Cumberland Elementary in the Chicago suburbs colored, clipped and glued paper to make cicadas with filmy wings, they confided their fears about what is about to happen in Illinois. “Some people think cicadas can suck your brains out,” said Willa, a red-haired 8-year-old in a Star Wars T-shirt. “They’re going to be so loud,” Christopher, 9, said as he colored his cicada intently. “I hate noise.”“It’s kind of scary,” Madison, 8, said while picking through markers scattered on a green table. “What if they do something to me?”
Persons: , Willa, “ They’re, Christopher Organizations: Cumberland Elementary Locations: Cumberland, Chicago, Illinois, ” Madison
As companies race to deploy artificial intelligence in ways that aim to make them better at operating, hiring, and competing, they're also chasing after top AI talent, including filling the position of chief AI officer. A lot of these companies, Doonan said, "can't really articulate what they want, why they want it, and what are the outcomes that they're looking for." "All I could think is that you could change the word 'cowbell' to 'AI,'" Doonan said. Without that understanding, Doonan said companies are going to hire "somebody really senior and they're going to be doing [data] clean-up for the next two years. Of course, that hasn't stopped companies from wanting to add a chief AI officer to their ranks.
Persons: they're, Mike Doonan, Doonan, CNBC's, Jon Fortt, Christopher Walken, that's, hasn't, LinkedIn's, I've Organizations: CNBC Technology, Alteryx's Enterprise
Analysts are boosting their estimates for a handful of companies that are set to report quarterly results next week. CNBC Pro screened FactSet data to find stocks poised for upside, as well as stocks that have also seen analysts increase their estimates on earnings per share. Analysts have increased their three-month earnings per share estimates by nearly 8%, while average price targets have climbed 23.3%. DIS YTD mountain Disney stock. Analysts have increased earnings estimates and price targets over the past three months by nearly 15% and 45%, respectively.
Persons: Walt Disney, FactSet, Wells, Steven Cahall, Rideshare, Uber, Justin Post, CEG, Sophie Karp Organizations: CNBC, Entertainment, Walt, Analysts, Disney, Uber Technologies, Bank of America, Wall, Constellation Energy Locations: Wells Fargo
Gold set for second weekly fall; U.S. payrolls on investors' radar
  + stars: | 2024-05-03 | by ( ) www.cnbc.com   time to read: +2 min
An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Gold prices were poised for a second straight weekly decline, although bullion held steady on Friday as investors remained cautious ahead of the U.S. non-farm payrolls data that could provide cues on the Federal Reserve's rate cut timeline. Spot gold held its ground at $2,306.84 per ounce by 0457 GMT but lost more than 1% this week. Softer U.S. payrolls print could provide support for gold but a better report may weigh on prices, Wong added. The non-farm payrolls report is due at 1230 GMT.
Persons: Christopher Wong, Wong, Wang Tao, Fawad Organizations: Co, U.S ., Fed, City Index Locations: Bangkok, Thailand, Egypt, Israel
The tech is helping mental-health providers treat conditions such as depression, anxiety, and PTSD. In the face of this staggering prevalence, virtual reality offers transformative solutions in mental-health treatment and care. He uses FireflyVR's platform, The Sanctuary, a clinically designed VR experience that uses cognitive-behavioral therapy to reduce patients' anxiety before they undergo ketamine therapy. VR cue exposure, Siegfried said, helps reduce binge-eating habits by exposing people to triggering stimuli in a controlled environment. Both cue exposure and embodiment aim to address the complex psychological dynamics of eating disorders.
Persons: , Shel Mann, Mann, Dr, Christopher Romig, Stella, It's, Romig, Nicole Siegfried, Siegfried Organizations: Service, Disease Control, VR, Veterans Affairs, Behavioral
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Advertisement"I think that one might have come from me," Hathaway told Entertainment Weekly. "When you're watching Solène experience it, and you know that I'm a person that's experienced it, you can't really escape the film. It happens," Hathaway told EW. "I know that a lot of people go through this," Hathaway continued, regarding online bullying.
Persons: , Anne Hathaway, Solène, Hathaway, James Franco, Kevin Winter, Oscar, Christopher Nolan, It's Organizations: Service, Business, Entertainment
"Everybody can say anything they want except for President Trump!" AdvertisementBiden "mocked President Trump," Blanche complained to the judge, quoting into the record a joke the president had made at the White House Correspondents' dinner on Saturday. Likewise, Trump's ex-personal attorney-turned-nemesis, Michael Cohen, can take whatever potshot he chooses, Blanche told the judge. pic.twitter.com/FVsWbRnNkB — Michael Cohen (@MichaelCohen212) April 22, 2024"Everybody can say anything they want except for President Trump," Blanche told the judge. Related storiesProsecutors are asking that Trump be fined another $4,000, the maximum allowed, for the four on-camera statements Trump made last week.
Persons: Donald Trump's, Trump, Michael Cohen's Donald, Von, , Donald Trump —, Todd Blanche, Joe Biden, Biden, Blanche, Donald, Stormy Daniels, Daniels, Juan Merchan, Trump's, Michael Cohen, Cohen, Von ShitzInPantz, FVsWbRnNkB — Michael Cohen, Merchan, He's, Christopher Conroy, Conroy, David Pecker, They're Organizations: Service, White, Correspondents, GOP, Trump, New, National Enquirer Locations: New York
How Not to Be a Selfish Gardener - The New York Times
  + stars: | 2024-05-02 | by ( Olivia Laing | ) www.nytimes.com   time to read: +3 min
The idea of the garden as a place of sinister seclusion has found its way to the world of high fashion. In Ballard’s characteristically bleak tale, a desperate mob advances on an elegant garden, where Count Axel and his wife live out a civilized, secluded existence. The selfish gardener of the 21st century creates idyllic vistas that rely on fertilizers and pesticides that poison the wider ecosystem or demand water in a time of drought. In her gripping memoir of the Second World War, “War in Val d’Orcia,” she describes a similar tide of desperate humanity approaching her garden gate. Unlike Ballard’s Count Axel, she didn’t seek to repel them, retiring to the library to dust her statues.
Persons: J.G ., Count Axel, Anna Wintour, Iris Origo, Val d’Orcia, Christopher Lloyd, Fergus Garrett, Garrett Organizations: Vogue Locations: J.G . Ballard, La Foce, Tuscany, Val, England
Footwear company Crocs has strong momentum, making it a solid play for investors ahead of earnings out next week, according to Bank of America. Analyst Christopher Nardone reiterated his buy rating and $150 price target, saying the stock is a winner in a "price-sensitive consumer environment." Nardone expects Crocs' international business, which accounts for 40% of its total sales, to be "the driver of outsized growth" for the quarter and full year. He forecasted total Crocs sales growth of 8% in the first quarter and 6% in the full year. "Nearer term, we think the market will be most focused on signs of improvement in both DTC and margins," for Heydude, Nardone said.
Persons: Crocs, Christopher Nardone, It's, Nardone, Terence Reilly's, Stanley, Steve Madden Organizations: Bank of America Locations: Asia, China, India
The American right’s growing embrace of Orbán builds upon millions of dollars that his government has spent on lobbying in the US, and new connections between Hungarian and American conservative think tanks. “Make America great again, make Europe great again!” Orbán declared in English, before continuing in Hungarian: “Go Donald Trump! Conservatives from around the US, Europe and beyond traveled to Budapest for the two-day event, which was organized by a Hungarian government-funded think tank. Two American nonprofits that are actively planning policies for a second Trump term have shown an interest in Hungary and Orbán’s model. But some of the American conservatives who flew into the country for CPAC seemed more focused on the optics of Budapest than on democratic rights.
Persons: crackdowns, , Viktor Orbán, Orbán, Donald Trump’s, ” Orbán, Donald Trump !, ” Trump, , Trump, Steve Bannon, President Trump, Gladden Pappin, Szilard Koszticsak, White, ” Pappin, “ saviors, Bannon, Kari Lake, Mark Meadows, Andy Harris, Zoltan Mathe, Paul Gosar, Christopher Rufo, István, Ron DeSantis, Trumpists, Kim Lane Scheppele, Orbán’s, Zsuzsanna Szelényi, ” Szelényi, Márton Gulyás, influencers strode, Joey Mannarino, ” Kyung Lah, Anna, Maja Rappard, Casey Tolan, Curt Devine Organizations: Hungary CNN —, Republican, Conservative, Trump, European Union, Hungarian Institute of International Affairs, Conservative Political, “ Conservative, White House, , Republican Arizona, CNN, Department of Justice, Southern Poverty Law, Heritage Foundation, America, Policy Institute, Institute, Florida Gov, Princeton Locations: Budapest, Hungary, American, Europe, Lago, Dallas, America, Hungarian, Arizona, United States, Paul Gosar of Arizona, Florida, “ Hungary, marveled, New York, Washington
Hundreds of small and regional banks across the U.S. are feeling stressed. "You could see some banks either fail or at least, you know, dip below their minimum capital requirements," Christopher Wolfe, managing director and head of North American banks at Fitch Ratings, told CNBC. Consulting firm Klaros Group analyzed about 4,000 U.S. banks and found 282 banks face the dual threat of commercial real estate loans and potential losses tied to higher interest rates. "That means there'll be fewer bank failures. For individuals, the consequences of small bank failures are more indirect.
Persons: Christopher Wolfe, They're, Brian Graham, Graham, Sheila Bair Organizations: Fitch, CNBC, Consulting, Klaros, U.S . Federal Deposit Insurance Corp, FDIC Locations: U.S
Student protesters at Columbia University who took over a building on campus Tuesday morning could face a variety of felony or misdemeanor charges, but probably will not be found guilty of criminal charges, said Martin R. Stolar, a Manhattan lawyer and former president of the New York City chapter of the National Lawyers Guild, with more than 50 years of experience defending protesters. Protesters broke into Hamilton Hall early Tuesday, hours after university administrators said they had begun suspending students who refused to leave a tent encampment on campus. Videos show a person breaking windows in a door to gain access to the building. Other photos taken inside and posted on social media show protesters using chairs and desks to barricade the doors. Columbia announced later Tuesday that the students occupying the building faced expulsion.
Persons: Martin R, “ We’re, , Stolar, Alvin L, Bragg, Jeffrey Maddrey, Maddrey Organizations: Columbia University, New, National Lawyers, Protesters, Hamilton Hall, Columbia, Police Locations: Manhattan, New York City, New York
Wells Fargo expects two rate cuts in the second half of 2024
  + stars: | 2024-04-30 | 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 EmailWells Fargo expects two rate cuts in the second half of 2024Paul Christopher, global head of market strategy at Wells Fargo Investment Institute, Stephanie Roth, chief investment economist at Wolfe Research, and CNBC's Steve Liesman join 'The Exchange' to share their expectations from the Federal Reserve on rate cuts.
Persons: Paul Christopher, Stephanie Roth, Steve Liesman Organizations: Wells, Wells Fargo Investment Institute, Wolfe Research, Federal Locations: Wells Fargo
Biden's new policy is largely a rewrite of the Obama administration's rule to safeguard U.S. critical infrastructure called the Presidential Policy Directive, or PPD-21, which was published in 2013. The effort to redraft that Obama-era infrastructure policy began over a year ago, in part to modernize it and keep up with hackers who have benefited from over a decade of technological advancement. The Biden administration has warned China not to help Russia in its invasion of Ukraine, or else the U.S. would be ready to act with sanctions. "We're aware now of the serious Chinese threat to our critical infrastructure, specifically prepositioning to disrupt or destroy critical infrastructure in the event of a major crisis," a senior administration official said. "The presidential policy directive that was created in 2013 didn't mention anything about CISA's role because we weren't created yet," a senior administration official said.
Persons: Joe Biden, Obama, cyberattacks, Christopher Wray, congressmembers, Wray, Biden's, Biden Organizations: White, Washington , D.C, Directive, FBI, Taiwan, of Homeland Security, Infrastructure Security Agency Locations: Washington ,, China, Russia, Ukraine, U.S, Taiwan
Strained Chinese cities struggle to pay home buying subsidies
  + stars: | 2024-04-30 | by ( ) www.cnbc.com   time to read: +2 min
Chinese cities have promised subsidies and other incentives to prop up the ailing property sector but have failed to deliver, frustrating potential homebuyers. The 30-year-old now pays 6,000 yuan of her 8,000 monthly salary on the mortgage for the 1.1 million yuan apartment and another 1,800 yuan to rent another one, relying on her parents for other basic expenses. Weifang, with a population of more than 9 million and an economy larger than Croatia's, and dozens of other Chinese cities, have promised subsidies and other incentives to homebuyers to prop up the ailing property sector. But the real estate downturn also affects the ability of cities to lease land to developers, a key revenue source. This meant some local governments were unable to raise funds to pay the promised subsidies, frustrating buyers and casting doubts over future support measures.
Persons: Amy Wang, Wang, Christopher Beddor, Gavekal Organizations: People's, Communist Party Locations: Hangzhou city, Zhejiang province, China, Weifang, Shangqiu
A camp in Rafah in the southern Gaza Strip near the border with Egypt on Sunday. One official also suggested that Israel was using the threat of an imminent military maneuver to press the armed group into a hostage deal. Prime Minister Rishi Sunak of Britain spoke to Mr. Netanyahu on Tuesday, his office said in a statement. A senior Hamas official said on social media on Monday that the group was studying a new Israeli proposal. A Hamas delegation met with officials in Egypt’s intelligence service on Monday, according to a senior Hamas official, who spoke on condition of anonymity to talk about sensitive discussions between Hamas and Egypt.
Persons: Benjamin Netanyahu, Israel, Antony J, Blinken, Netanyahu, , , Netanyahu’s, Rishi Sunak, Adam Rasgon Organizations: Hamas, State Department, Mr Locations: Rafah, Gaza, Egypt, Gazan, United States, Qatar, Israel, Jordan
All eyes remain on tech stocks this week, with Amazon and Apple due to release their earnings after the market closes on Tuesday and Thursday, respectively. After a strong rally to start the year, tech stocks have wavered in recent weeks as investor concerns of lofty valuations bubbled to the surface. Investors can still find opportunities in the form of tech stocks that pay a dividend and have a runway for growth. The stock's 2% dividend yield is higher than the S & P 500's 1.3%. With a dividend yield of 1.6%, Broadcom also made the list.
Persons: Oppenheimer Organizations: Google, Amazon, CNBC Pro, Qualcomm, Benchmark, Oracle, Analysts, Broadcom, Barclays Locations: Nashville , Tennessee
Read previewThe unrest at Columbia University isn't showing signs of slowing down. In the 1980s, student protesters at Columbia took over the same building and called for divestment of the Ivy League school's investments over a different cause: South African apartheid. Student protesters at the 1985 demonstrations at Columbia University. Protesters there locked and chained the doors to Hamilton Hall — the same building now occupied by pro-Palestinian protesters — and demanded the school completely divest from South Africa. A more fraught situationOn its website, the Columbia University Apartheid Divest group likened itself to the protests from nearly 40 years ago.
Persons: , It's, Lockheed Martin, Alex Kent, Joe Biden, Mike Johnson, she's, Barbara Alper, didn't, Ronald Reagan, Biden, Benjamin Netanyahu, Netanyahu, Nemat, Shafik, Nicholas Dirks, Divesting, Christopher Marsicano, Al, Marsicano Organizations: Service, Columbia University, Columbia, Ivy League, Business, Lockheed, Boeing, NPR, Hamilton Hall, Getty, Columbia University Apartheid, White, Student, New York Times, Times, Coalition, Columbia Spectator, Spectator, The New York Times, Hamas, University, Socially, University of California, CNN, North Carolina's Davidson College Locations: Israel, Gaza, Columbia, divesting, Hamilton, South Africa, Vietnam, Rafah, Berkeley, Al Jazeera
Trump was found in contempt Thursday for nine violations of his hush-money gag order. The judge's contempt order came in response to Trump's online attacks on witnesses and jurors. Prosecutors have alleged a total of 14 gag violations, all from April. Defense lawyer Todd Blanche had countered in court last Tuesday that Trump had been "trying to comply" with the gag order. "You're losing all credibility with the court," Merchan told the lawyer, his voice frustrated.
Persons: Trump, , Donald Trump, Juan Merchan, Defendant, Merchan, Read, Michael Cohen, Stormy Daniels, Cohen, David Pecker —, Gary Farro, Christopher Conroy, Daniels, Conroy, Todd Blanche, Blanche Organizations: Service, Manhattan, New, Prosecutors, National Enquirer, Defense, Trump Locations: New York, Blanche
Butterfield's parents cofounded Flickr, and their father later cofounded Slack. Their parents, Caterina Fake and Stewart Butterfield, cofounded Flickr in 2004, and Stewart Butterfield went on to cofound Slack. Their disappearance resulted in an extensive search effort in Tenderloin, an area in San Francisco known for homelessness, crime, and drugs. Butterfield's parents, Stewart Butterfield and Caterina Fake, were married from 2001 until 2007, the New York Post reported. Stewart Butterfield cofounded Slack in 2013 with Cal Henderson.
Persons: Butterfield, Slack, , Mint Butterfield, Caterina Fake, Stewart Butterfield, cofound Slack, Christopher, Kio, Dizefalo, Adam Schermerhorn, Schermerhorn, Jyri Engeström, Cal Henderson Organizations: Flickr, Service, Saturday, Police, Marin County Sheriff's, San Francisco, Office, New York Post, Yahoo Locations: San Francisco, Tenderloin, Marin County, Marin
The fusion of human ingenuity and machine intelligence is offering an innovative approach to personalized mental-health care. They can also use AI to assess the quality of their services and find ways to improve as providers of mental-health care. As technology becomes more involved in mental-health care, ensuring data security, confidentiality, and equitable access to services must be top priorities. How an AI platform is helping mental-health-care providers improve their servicesThe AI platform Lyssn is another tech-driven tool for mental-health services. Lyssn aims to hold providers accountable for improved care, especially because "the quality of mental-health care is highly variable," Imel said.
Persons: , Christopher Romig, Stella, Shaheen Lakhan, Daniel Rimm, Haig Goenjian, Zac Imel, Michael Tanana, Imel, Darin Carver, Carver, It's Organizations: Service, Therapeutics, Click Therapeutics, Food and Drug Administration, Weber Human Services Locations: Tanana
Valuations coming down So if earnings are up, why is the S & P off its highs? Today, a month later, 2024 earnings estimates are essentially the same but the multiple has declined to 20.8. The S & P 500 hit a low of 4,117 on Oct. 27 and only recovered when rates came down in early November. There are some big drags on earnings Some companies are seeing large declines in earnings estimates that are weighing on their sectors. When including this one-time item, the S & P 500 earnings growth rate for the first quarter declines to 5.6%, from 8.7%, LSEG has noted.
Persons: Goldman Sachs, JPMorgan Chase, Morgan Stanley, Christopher Suh, Stephen Squeri, Hess, Nick Raich, LSEG, Hal Lawton, Brian Niccol, CNBC's Kate Rogers, Horton, Paul Romanowski, Kimberly, Clark, Michael Hsu Organizations: Companies, Netflix, JPMorgan, GE Aerospace, Caterpillar, Microsoft, Merck, Ford, Waste Management, Royal, Consumer, American Express, Energy, Marathon Petroleum, Apache, Valero Energy, Oil, Occidental Petroleum, Devon Energy, ConocoPhillips, Exxon Mobil, Scout, Bristol Myers Squibb, Karuna Therapeutics, Boeing, Nvidia, Meta, AMD Locations: financials, industrials, Royal Caribbean, North America
A year and a half after police and intelligence officers in Germany uncovered a plot to overthrow the country’s government and replace its chancellor, the first of three trials in the sprawling case is set to begin on Monday in Stuttgart. Most of the would-be insurrectionists were arrested in December 2022, when heavily armed German police officers stormed houses, apartments, offices and a remote royal hunting lodge and made dozens of arrests. Those charged included a dentist, a clairvoyant, an amateur pilot and a man running a large QAnon telegram group. The German authorities contend that their figurehead was Heinrich XIII Prince of Reuss, an obscure and conspiracy-minded aristocrat who would have been made chancellor if the coup had succeeded.
Persons: Heinrich XIII Prince of Reuss Locations: Germany, Stuttgart
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