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☆ Dancing, drums and rituals: with zeal and joy, India celebrates Hindu festival Ganesh Chaturthi
▼ + stars: | 2024-09-18 | by ( Lex Harvey | ) edition.cnn.com time to read: +3 min

CNN —Huge crowds of devotees gathered across India this month to celebrate the Hindu festival Ganesh Chaturthi, marking the birth of the deity Ganesha, the elephant-headed, round-bellied god of prosperity and wisdom. Ganesh Chaturthi falls each year in late summer, during the Bhadra month in the Hindu calendar, and marks a celebratory time of year when families gather. Devotees parade with a large idol of elephant-headed Hindu god Ganesh in Mumbai, India, on September 17, 2024. Saurabh Sirohiya/NurPhoto/Getty ImagesCrowds gather for rituals and celebrations during the Ganesh Chaturthi festival in Mumbai, India on September 17, 2024. Punit Paranjpe/AFP/Getty ImagesHindu devotees chant as they carry a statue of the Hindu God Ganesha on the last day of the Ganesh Chaturthi festival, in New Delhi, India on September 17, 2024.

Persons: Ganesh, Ganesha, Ganesh Chaturthi, Saurabh, Ritesh Shukla, R.Satish Babu, Raj K Raj, Punit Paranjpe, Lord Ganesh Organizations: CNN, Getty, Geeta, Hindustan Times Locations: India, India’s, Maharashtra, Mumbai, Bay, Bengal, Chennai, Delhi Government, New Delhi, AFP

☆ Elon Musk boosts fake Trump rally bomb threat and false claims about the election
▼ + stars: | 2024-09-18 | by ( Liam Reilly | ) edition.cnn.com time to read: +4 min

New York CNN —Elon Musk is using his social media platform to promote misinformation about the presidential candidates in the lead up to the November election, amplifying false claims Wednesday about a Trump rally bomb threat and immigrants eating pets in Ohio. Then on Wednesday, Musk reshared a bogus claim that a bomb had been discovered near the site of a planned Trump rally in Long Island. Musk’s own post has been earmarked with a crowd-sourced “community notes” fact-check that makes clear the claim was false. X did not respond to a CNN request for comment Wednesday on Musk’s posts. Musk is far from the only figure spreading false information on the platform, though he is easily one of its biggest voices.

Persons: New York CNN — Elon, Donald Trump, Musk, Biden, Kamala, ”, Kamala Harris, Musk’s, Trump, JD Vance, Nate Silver, Silver, Harris Organizations: New, New York CNN, Trump, ABC, Long Island . Police, CNN, Twitter Locations: New York, Ohio, Long Island, Springfield , Ohio, Springfield, Nevada , Wisconsin , Michigan, Pennsylvania

☆ Smith: The Fed should be more measured now instead of making a big, bold move
▼ + stars: | 2024-09-18 | 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 EmailSmith: The Fed should be more measured now instead of making a big, bold moveWells Fargo Advisors' Mark Smith says he doesn't see the need for a 50 basis point rate cut based on the economic data, and the Fed would want to have some tools available should conditions take a turn for the worse.

Persons: Smith, Wells, Mark Smith Organizations: Advisors

☆ Here's what Morgan Stanley, Wells Fargo stand to gain from lower interest rates
▼ + stars: | 2024-09-18 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

The Club has stayed with Morgan Stanley on expectations that its investment banking outfit will flourish again. At Wells Fargo , the Club's other financial name, lower rates should help its burgeoning investment banking business. Wells Fargo shares year-to-date have performed better than Morgan Stanley, gaining 11%. WFC YTD mountain Wells Fargo (WFC) year-to-date performance The Corporate and Investment Banking division makes up 23% of overall revenue. To be sure, Wells Fargo management said during July's second-quarter earnings call that the bank will continue to de-risk its office portfolio.

Persons: Banks, Erica Groshen, Morgan Stanley, Morgan, Jim Cramer, Jim, Goldman Sachs, Charlie Scharf, Wells, July's, Jim Cramer's, Jerome Powell, William McChesney Martin, Chip Somodevilla Organizations: Federal Reserve, New York Fed, CNBC, Cornell University, Fed, Investment, Morgan Stanley's Institutional Securities, Morgan Stanley's, Wells, Investment Banking, CIB, Federal Reserve Bank, Getty Locations: Wells Fargo, Wells, Washington ,

☆ The more markets price in a jumbo rate cut, the more likely the Fed is to deliver, analyst says
▼ + stars: | 2024-09-18 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +1 min

Traders see heightened odds of a big initial rate cut from the Federal Reserve this week. As markets price in rising odds of a 50 basis point cut, the Fed may be more likely to deliver, BMO's Ian Lyngen says. He says markets pricing an 80% chance of a big rate cut could sway the Fed. AdvertisementInvestors have been pricing in rising odds of a 50 basis point interest rate cut from the Federal Reserve. And as the market increasingly positions for a jumbo cut, the Fed may be more likely to deliver, according to BMO's head of US rates strategy Ian Lyngen.

Persons: BMO's Ian Lyngen, —, Ian Lyngen, we'll, Lyngen Organizations: Federal Reserve, Service, Business

☆ A Navy SEAL unit that killed Osama bin Laden may be training Taiwanese forces to defeat a possible Chinese invasion, experts say
▼ + stars: | 2024-09-18 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +9 min

Read previewAn elite Navy SEAL unit may be preparing Taiwanese forces for reconnaissance operations and missions to repel a Chinese invasion, retired Navy officers said after a report said the unit had been training for such an eventuality for over a year. AdvertisementAccording to three retired Navy officers, the unit may be training Taiwanese soldiers to fight back against China should it invade Taiwan. One, he told BI, "is training Taiwanese forces in reconnaissance and perhaps direct attack, focusing on missions that might be required to defeat a Chinese invasion." "Naval reconnaissance forces would locate Chinese forces for long-range attacks," he said, adding: "They might also launch attacks against offshore ships or shipping in Chinese ports." Reports have already given clues as to how the US is preparing for a possible Chinese invasion of Taiwan.

Persons: —, Osama bin Laden, Mark Cancian, Bradley Martin, Sam Tangredi, Graeme Thompson, Joe Biden, Samuel Paparo, Martin, Cancian, Daniel Ceng, Phil Davidson, Davidson, Feng Hao, Paparo, Frank Kendall, Kendall Organizations: Service, Navy SEAL, Financial Times, Business, Navy, Marine, Center for Strategic, International Studies, US Navy, Getty, Eurasia Group, Wall Street Journal, Reuters, International Institute for Strategic Studies, Pacific Command, Washington Post, Congressional Research Service, Senate Armed Services Committee, Theater Command, PLA, China Military, Anadolu, American Enterprise Institute, Institute for, Japan's Nikkei, RAND Corp, US Air Force, Air & Space Forces Association Locations: Virginia, Taiwan, Afghanistan, Yemen, Syria, Somalia, Pakistan, China, People's Republic of China, Pingtung County, AFP, Washington ,, Australia, United States, Taichung, Anadolu, Pacific

☆ OpenAI's power players: Meet the 20 leaders helping shape the future of the AI giant
▼ + stars: | 2024-09-18 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +18 min

Last November, the sudden ouster of CEO Sam Altman and the resulting revolt by most of its employees cast doubts on the future of the world's most prominent AI company. While by no means a comprehensive list, below are some of the key power players who are helping to determine OpenAI's future. He took over for his former boss, Jason Kwon, who has since become the company's chief strategy officer. She's also been referred to as OpenAI's "minister of truth" for her efforts to ensure the company's AI products aren't deceptive or biased. ResearchJakub Pachocki, Chief ScientistRelated storiesPachocki joined OpenAI's research in 2017 after completing a PhD in computer science at Carnegie Mellon University.

Persons: —, Sam Altman, OpenAI, Sarah Friar, Friar, Goldman Sachs, She's, Jason Kwon, Kwon, Anna Makanju, Global Affairs Chris Lehane, Che Cheng, OpenAI's, Cheng, Mira Murati, Murati, Kevin Weil, Weil, Instagram, Peter Welinder, Peter Deng, Research Jakub Pachocki, Pachocki, Ilya Sutkever, Ilya, Mark Chen, Chen, Bob McGrew, Sam Altman's, Lilian Weng, Weng, Aleksandr Madry, Barret Zoph, John Schulman, Zoph, Alec Radford, Radford, Zico Kolter, Kolter, Paul Nakasone, Bret Taylor, Taylor, He's, Larry Summers, Fidji Simo, Melinda Gates, Nicole Seligman, Adam D'Angelo, Quora, Altman, D'Angelo, Andrea Appella, Haidee Schwartz, Schwartz, Akin Gump, She'll, Heather Whitney, Whitney, Morrison Foerster, Makanju, Sam, Biden, Chris Lehane, Lehane, Clinton Organizations: Service, OpenAI, Business, Microsoft, Apple, Google, Khosla Ventures, Global, Global Affairs, Amazon, supercomputing, Tesla, Meta, Twitter, ChatGPT Enterprise, Research, Carnegie Mellon University, MIT, Facebook, Security, Machine Learning Department, Carnegie Mellon Carnegie Mellon, Stanford, CMU, Safety, Security Committee, US Army, NSA, US Cyber Command, Defense Department, U.S, Melinda Gates Foundation, Global Competition, Netflix, Century Fox, Competition, Federal Trade Commission, New York Times, Harvard Law School, University of Chicago Law School, NYU, Canada, Global Policy, Public Affairs, House, Newsweek Locations: Europe, Washington, OpenAI, Silicon, Middle East, Asia, London, Chan, Airbnb

CNN —Vice President Kamala Harris is expected to meet with Ukrainian President Volodymyr Zelensky in Washington, DC, next week, according to three sources familiar with the planning. Asked Wednesday whether Harris will meet with Zelensky next week, National Security Council spokesperson John Kirby suggested she might if the opportunity presented itself. “I know she has met with President Zelensky face-to-face on a couple of occasions, and I know she’s spoken to him on the phone. Earlier Wednesday, former President Donald Trump said he’ll “probably” meet with Zelensky when he travels to the US next week. Trump spoke on the phone with Zelensky in July, but a meeting between the two leaders would mark their first in-person interaction since Trump left the White House.

Persons: Kamala Harris, Volodymyr Zelensky, Harris, Zelensky, John Kirby, “, ” Kirby, Joe Biden, Donald Trump, he’ll “, Trump Organizations: CNN, National Security, United, United Arab Emirates, White, Zelensky Locations: Washington ,, Russia, Ukraine, United Arab, Sudan

☆ In Venezuela, AI news anchors aren’t replacing journalists. They’re protecting them
▼ + stars: | 2024-09-18 | by ( Stefano Pozzebon | ) edition.cnn.com time to read: +8 min

It was against this backdrop that the idea for “Venezuela Retweets” formed, explained “Roberto,” the managing editor of a digital publication in Caracus that is part of the collective behind it. An AI generated presenter known as "The Girl" is one of Venezuela's latest news anchors. This is where the format of Venezuela Retweets comes into its own, as it is designed specifically to be shared on social media. That does not mean Roberto, Huerta and the many journalists whose work goes into the reports of The Girl and The Dude are blind to the risks. “We still live in Venezuela and at the end of the day we’re at risk despite all the measures we can take,” Roberto said.

Persons: ”, –, Pana, Nicolas Maduro’s, Carlos Eduardo Huertas, Nicolas Maduro, Fausto Torrealba, Espacio, Maduro, “, “ Roberto, Roberto, Consultores21, Venezuela Retweets, Elon Musk, Shelly Palmer, Huerta, ” Roberto, It’s Organizations: CNN, Venezuela –, Reuters, Espacio Publico, United Nations, Venezuela, Government, Facebook, Foro Penal, Caracas NGO, Advanced Media, Syracuse University, The Locations: Venezuela, Colombian, Caracas, Venezuelan, Cuba, Nicaragua

☆ What Visual Evidence Shows About Israel’s Pager Attacks
▼ + stars: | 2024-09-18 | by ( ) www.nytimes.com time to read: 1 min

This blast ripped through a customer’s satchel, and he fell to the ground groaning in pain. Shortly beforehand, thousands of Hezbollah members received pager messages that appeared to come from their leaders, according to two officials familiar with the attack. The devices beeped — and then blew up. The pagers appear to have been packed with explosives in what Lebanese and Iranian officials say was an Israeli operation.

Persons: satchel

☆ Gen Zers don't think dating apps are fun anymore, but this CEO thinks she's cracked the code
▼ + stars: | 2024-09-18 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

It puts the success of your dating life in the hands of your friends or family, who create your profile for you. Many Gen Zers have been on social media since they were tweens, and by the time they reached dating age, they were jaded. AdvertisementDating used to be funMany people believe dating apps aren't fun anymore. Related storiesAccording to Statista data, people aged 18-29 now make up only 26% of online dating service users in the US. Wilson believes these founders were wrong because Gen Zers enjoy the "karmic reward" of Wingman.

Persons: —, Tina Wilson, Wilson, Zers, Gen, Anna Pompilio, Marks, that's, Pompilio, Gen Zers, they're, doesn't, Dylan, someone's, There's Organizations: Service, Business, Forbes Health, Group Locations: cafés, Match.com, Cuban

☆ Ohio Republicans distance themselves from Trump’s false claims about Haitian migrants
▼ + stars: | 2024-09-18 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +5 min

Further, DeWine said the Haitians found Springfield because business owners there were having trouble finding workers after the Covid-19 pandemic. When he was asked if the comments from Trump and Vance were fueling the bomb threats, DeWine deflected. I didn’t create 20,000 illegal migrants coming into Springfield.”A man walks past city hall in Springfield, Ohio, after bomb threats were made against buildings earlier in the day on September 12. Like DeWine, Springfield Mayor Rob Rue has also tried very hard to correct the record on the role Haitians are playing in Springfield. At a press conference Tuesday, Rue and DeWine discouraged Trump from making a trip to the city.

Persons: Mike DeWine, He’s, Becky, “, ”, DeWine, ” DeWine, Donald Trump, Sen, JD Vance, Vance, Trump, ” Vance, CNN’s Dana Bash, Roberto Schmidt, Springfield Mayor Rob Rue, Springfield . Rue, CNN’s Boris Sanchez, It’s, ” Rue Organizations: CNN, Republican Gov, PBS, Trump, AFP, Getty, Republican, Springfield Mayor Locations: Haiti, Springfield, Haitian, Ohio, ”, Springfield , Ohio, DeWine, Springfield .

☆ 3 couples who recently got mortgage interest rates under 3% share how they did it
▼ + stars: | 2024-09-18 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +10 min

Read previewOver the past few years, US mortgage rates have fluctuated wildly, leaving both homebuyers and sellers scrambling. AdvertisementThis can lead to significantly lower interest rates, making monthly mortgage payments more affordable and saving thousands over the life of the loan. The Federal Open Market Committee, which oversees US monetary policy, is expected to cut interest rates at its meeting this week. This could lead to further declines in mortgage rates in the coming months. Here are the stories of three homebuying couples who secured mortgage rates below 3% since March 2023 using assumable mortgages.

Persons: —, Louis, Freddie Mac, aren't, Grace Lucchese, Mickey Ricard, Boston —, Lucchese, Ricard, Riccard, Brian Sankey, Fort Knox, Sankey, Brian Sankey Sankey, wouldn't, Amy Yzaguirre, Yzaguirre, I've Organizations: Service, Federal, Fed, Federal Reserve Bank of St, Business, Federal Housing Administration, Department of Veterans Affairs, Market Committee, Boston, Lucchese, assumable Veterans Affairs, Veterans Affairs, Army, Toyota Tacoma Locations: Lucchese's, Sudbury , Massachusetts, Boston, couple's Massachusetts, Elizabethtown , Kentucky, Fort, Elizabethtown, Oregon, Idaho, Tigard, Portland, Sherwood

☆ A portfolio manager who's outperformed a major value index for over a decade shares 4 cheap stocks that the market's overlooking
▼ + stars: | 2024-09-18 | by ( Christine Ji | ) www.businessinsider.com time to read: +5 min

Market disconnectsSpeaking of mistakes in the market, Rosenthal thinks the current composition of the market is untenable and due for a correction. "We don't think the equal-weighted S&P or any kind of index ex the Mag Seven is at an extremely low valuation," Rosenthal said. Rosenthal holds CVS (CVS) in his portfolio. Nippon Sanso (NPXYY) is a Japanese oil and gas company that Rosenthal believes is undervalued. Combined with the structural tailwind of corporate reforms within Japan, Rosenthal believes this Japanese company's stock is well-positioned to appreciate in the coming years.

Persons: —, Scott Rosenthal, Rosenthal, Rosenthal's, it's Organizations: Service, Hotchkis & Wiley Capital Management, Wiley Global Value Fund, Business, Econ, CVS, Nippon Locations: Japan

Former US President Donald Trump speaks at the Bitcoin 2024 conference in Nashville, Tennessee, US, on Saturday, July 27, 2024. Bloomberg | Bloomberg | Getty ImagesSINGAPORE — Cryptocurrency insiders downplayed the potential impact of the U.S. presidential election in November on the market here in the Lion City, even though some also said that former President Donald Trump is seen as more crypto-friendly. Anthony Scaramucci, founder and managing partner of SkyBridge Capital, a global alternative investment firm, predicted that if Harris were to win the election, her handling of crypto regulation would largely be the same as Trump. The Trump family recently launched a new crypto project called World Liberty Financial. Goals set by those involved in the project suggest that it will resemble a crypto banking platform.

Persons: Donald Trump, Kamala, Harris, Trump, Charles Hoskinson, CNBC's, Hoskinson, it's, Anthony Scaramucci, Scaramucci Organizations: Bloomberg, Getty, SINGAPORE, U.S, Trump, Bitcoin Conference, European Union, SkyBridge, Liberty Locations: Nashville , Tennessee, Lion City, TOKEN2049, Singapore, Nashville, U.S ., U.S

☆ GameStop CEO Cohen to pay $1 million fine over Wells Fargo stock buy
▼ + stars: | 2024-09-18 | by ( ) www.cnbc.com time to read: 1 min

GameStop CEO Ryan Cohen agreed to pay a nearly $1 million penalty to settle the U.S. Federal Trade Commission's claim that he failed to report acquisition of more than $100 million worth of Wells Fargo & Co voting shares, the agency said on Wednesday. Cohen failed to notify the agency as required when he amassed shares above the $100 million threshold in 2018, the agency said. He had not purchased the shares solely as an investor, but had given bank management input into how to run its business and sought a board seat, according to the FTC. He ultimately reported the transactions to the FTC in 2021. An attorney for Cohen did not immediately respond to a request for comment.

Persons: Ryan Cohen, Wells, Cohen Organizations: GameStop, U.S . Federal Trade Locations: U.S, Wells Fargo

☆ Sean 'Diddy' Combs shouldn't expect special treatment at a notorious Brooklyn jail that's like 'hell on earth'
▼ + stars: | 2024-09-18 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +5 min

A former warden at the facility told Business Insider that Combs can expect to be treated like any of the other 1,200 inmates at the Brooklyn jail. Advertisement"Any time one is being detained at the Metropolitan Detention Center, it's never going to be a picnic," Cameron Lindsay, the retired warden, told BI. Sean "Diddy" Combs is currently being housed at an infamous Brooklyn jail. "Given his status as a celebrity and a rap star, I would believe, of course, that he would be single-celled and isolated under very austere conditions," Cameron Lindsay told BI. Numerous Courts in this district have raised concerns with the horrific conditions of detention there," Combs' lawyers wrote.

Persons: —, Sean, Diddy, Combs, Kelly, Sam Bankman, Ghislaine Maxwell —, it's, Cameron Lindsay, Mark Bederow, Lucas Jackson, Bederow, Robyn Tarnofsky, Lindsay Organizations: Service, Federal Bureau of Prisons, Metropolitan Detention, Business, MDC Locations: Los Angeles, Miami, Brooklyn, Manhattan, Beverly Hills

☆ Hellboy is one of Hollywood's most beloved characters. So why does hardly anyone know a new movie exists?
▼ + stars: | 2024-09-18 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +8 min

Read previewA new "Hellboy" movie is coming to theaters — but most people have no idea. "Hellboy: The Crooked Man" takes the hero back to the roots of Mignola's horror-tinged comics. Perhaps most surprisingly, "Hellboy: The Crooked Man" is not as disastrous as the marketing might suggest. Some believe Millennium Media made "The Crooked Man" on a small budget with the sole intention of keeping the rights to Hellboy. The director of 'Hellboy: The Crooked Man' said he knew the movie would face 'challenges'Jack Kesy as Hellboy and Adeline Rudolph as Bobbie Jo Song.

Persons: —, Guillermo del Toro's, Mike Mignola's, del Toro, Ron Perlman, Perlman, Hellboy, David Harbour, Brian Taylor —, Jack Kesy, Martin Bassindale, It's, Adeline Rudolph, Bobbie Jo Song, Yana Blajeva, Ethan Baird, Baird, Brian Taylor, Rob Mitchell, Mitchell, you've, Taylor, I've Organizations: Service, Business, Millennium Media, Marvel, YouTube, Millennium, Gower, Analytics, Revolution Studios, Universal Pictures, Millenium Media, Entertainment, iTunes Locations: Bulgaria, Portugal, Spain, American

While top executives from Alphabet , Meta and Microsoft are headed to Capitol Hill on Wednesday for a hearing on election threats, Elon Musk's X won't be participating. A representative for Sen. Mark R. Warner, the Democratic chair of the Senate Intelligence Committee, said in an emailed statement that X "declined to send an appropriate witness." The hearing is titled "Foreign Threats to Elections in 2024 — Roles and Responsibilities of U.S. Tech Providers." On Wednesday, Musk shared a false story on X that claimed explosives were found in a car near Trump's planned rally in Long Island, New York. "Under X, they are absent and some of the most egregious activity has taken place" on the platform, Warner said.

Persons: Elon Musk's, Sen, Mark R, Nick Pickles, Pickles, Kent Walker, Nick Clegg, Brad Smith, Marco Rubio, Joe Biden, Donald Trump, Biden, Merrick Garland, Musk, Kamala Harris, Harris, Warner Organizations: Microsoft, Capitol Hill, Warner, Democratic, Senate Intelligence, X, CNBC, U.S . Tech Providers, Republican, Social Design Agency, U.S . Department, Foreign Assets, Nassau County police, SpaceX, FAA Locations: Russian, Russia, Iran, China, Long Island , New York, Nassau County

☆ Totò Schillaci: Tributes pour in for Italy soccer legend after his death aged 59
▼ + stars: | 2024-09-18 | by ( Aleks Klosok | ) edition.cnn.com time to read: +3 min

CNN —Former Italy and Juventus striker Salvatore “Totò” Schillaci, who was the top scorer at the 1990 World Cup on home soil, has died at the age of 59, his former club announced in a statement on Wednesday. “Salvatore Schillaci, known by everyone as Totò, the striker from the magic nights of Italia ’90 with our national team. Bon voyage, champion.”Schillaci played a starring role for Italy at the 1990 World Cup. In the aftermath of the World Cup, Schillaci would go on to score only once more for his country, a goal in a 2-1 defeat to Norway the following year in a qualifier for the 1992 UEFA European Championships. Schillaci announced his retirement from the game in 1999.

Persons: Salvatore “ Totò, Schillaci, “, Totò, Giorgia Meloni, “ Salvatore Schillaci, ” Schillaci, Paolo Bruno, d’Or –, –, Lothar Matthäus, Lorenzo Casini, ”, Japan’s J.League, Jubilo Iwata, Gabriele Gravina Organizations: CNN, Italy, Juventus, Argentina, England, Juve, Italy’s, ’, Getty, UEFA European, Coppa Italia, UEFA Cup, Inter Milan, Inter, Serie Locations: Italy, Italy’s, West Germany, Norway, Japan’s, Italian

☆ T-Mobile CEO says his company is selling the iPhone 16 'at a greater rate' than last year's model
▼ + stars: | 2024-09-18 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

In a Wednesday interview with CNBC's Jim Cramer, T-Mobile CEO Mike Sievert said his company was seeing more sales of the iPhone 16 than last year's series of the smartphones. "Not only good, but better than last year, and people are buying Pros, they're buying Maxs, so they're buying up the food chain, and they're buying at a greater rate than last year." Apple is set to release the iPhone16 in stores on Friday, widely touted for its new artificial intelligence capabilities. But according to Sievert, the iPhone16 is in demand, although the delay may lengthen the buying cycle. Sievert also reviewed announcements the company made at a conference it held on Wednesday.

Persons: CNBC's Jim Cramer, Mike Sievert, Sievert, Siebert, it's, we're Organizations: Mobile, Apple, Nvidia, Nokia

☆ Sarah Huckabee Sanders is latest Trump ally to make dig at Harris over biological kids
▼ + stars: | 2024-09-18 | by ( Arit John | ) edition.cnn.com time to read: +5 min

Unfortunately, Kamala Harris doesn’t have anything keeping her humble,” said Sanders, the first female governor of Arkansas and Trump’s former White House press secretary. Unfortunately, she doesn’t.”The comments come as the Trump campaign attempts to narrow the gap with Harris among female voters. “That’s the lack of humility Governor Sanders was referencing.”The Harris and Trump campaigns did not respond to requests for comment. Kamala Harris has spent her entire career working for the people, ALL families,” she wrote on social media Tuesday in response to Sanders’ remarks. “When you have no substance, you have to resort to superficiality,” said Donna Brazile, a Harris ally and veteran Democratic political strategist.

Persons: Sarah Huckabee Sanders, Donald Trump, Kamala Harris doesn’t, Sanders, “, ”, Trump, Harris, Trump’s, JD Vance, doesn’t, they’ve, ” Vance, Taylor Swift, Vance, Cat Lady, ” Trump, ” Sam Dubke, ” Dubke, – Cole, Ella Emhoff –, Doug Emhoff, ” Cole Emhoff, Kerstin Emhoff, “ Cole, Ella, Kamala Harris, Sanders ’, Donna Brazile, Brazile, Scott Jennings, ” Jennings, Abby Phillip ”, ” Brian Lanza, Phillip, ” Lanza Organizations: CNN, Arkansas, Trump, White House, Democratic Party, Republican, Biden, Democratic National Convention, Democratic, Republicans, Republican Party Locations: Flint , Michigan, Arkansas, Ohio, Washington, America, Flint

☆ The Fed gives the US its first jumbo interest-rate cut in 4 years
▼ + stars: | 2024-09-18 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

It's the first time the Federal Reserve has cut rates since March 2020. The unemployment rate also ticked down in August, giving the Fed the data it needed to cut rates. AdvertisementAccording to CME FedWatch, which estimates interest-rate changes based on market predictions, a rate cut was all but certain; the question was how big of a cut the Fed would implement. Additionally, some economists and Democratic lawmakers had for months been calling for a rate cut of at least 50 basis points. "They're going to cut rates this week," Bharat Ramamurti, a senior advisor for economic strategy at the American Economic Liberties Project, told reporters during a Monday briefing.

Persons: —, Jerome Powell's, Skanda Amarnath, Democratic Sens, Elizabeth Warren, John Hickenlooper, Sheldon Whitehouse, Powell, delinquencies, Bharat Ramamurti Organizations: Service, Federal, Market Committee, Federal Reserve, Business, CME FedWatch, Democratic, Fed, American Economic Liberties Locations: Jackson Hole , Wyoming, America

The super PAC, Future Coalition PAC, also ran other ads that highlight the Jewish faith of Harris’ husband, Doug Emhoff, including ads that have leaned on antisemitic “dual loyalty” tropes about Jewish Americans. The first two clips used in the new Harris ad come from Harris’ remarks after meeting with Israeli Prime Minister Benjamin Netanyahu in July, four days after President Joe Biden announced he wouldn’t seek another term in office. The majority of the nine ZIP codes in the Harris ad campaign are represented by Democratic Rep. Rashida Tlaib in Congress. The Harris campaign did not comment on its ad strategy. Harris addressed the issue during remarks Tuesday at a discussion with the National Association of Black Journalists.

Persons: Kamala Harris ’, Harris, Harris sympathizing, Harris ’, Doug Emhoff, Benjamin Netanyahu, Joe Biden, wouldn’t, “, ” Harris, ”, Biden, Rashida Tlaib, Tlaib, hasn’t Organizations: Google, Biden, GOP, Israel, Future Coalition PAC, Israeli, Democratic Rep, Palestinian, Democratic National Convention, NBC News, White, National Security, National Association of Black Journalists Locations: Detroit, Gaza, Snapchat, Dearborn, Eastern, American, Israel, Congress, Palestinian American, Chicago

Gavin Newsom signed two bills Tuesday aimed at protecting actors and other performers from unauthorized use of their digital likenesses. A lot of dreamers come to California, but sometimes they’re not well-represented,” Newsom said in a video shared on social media Tuesday. The union has strongly advocated for the new laws, along with other protections for actors and other performers surrounding AI. In July, Hollywood video game performers voted to strike over continual AI concerns. “But AI is about to explode, and in a way that we have no idea what the consequences are.”

Persons: Gavin Newsom, Newsom, ” Newsom, we’re, Fran Drescher, Drescher, ”, ’, Drake, Tupac Shakur’s, —, AFTRA, Tom Hanks, Scarlett Johansson, Mark Ruffalo, ” Ruffalo Organizations: SAG, Hollywood Locations: California, Silicon

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