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CNN —The US economy appears to be on a knife’s edge, and Friday’s jobs report will be the deciding factor as to the next direction. Economists are expecting that the August report should reaffirm that the labor market is merely cooling versus outright weakening. Inflation had cooled, and the labor market was rolling right along and doing its part to keep consumers spending and the economy churning. Friday’s jobs report should provide further reassurance that the labor market is merely softening and not collapsing, economists predict. “It would be a mistake to define the labor market as being excessively weak at this stage.”Instead, the signals indicate that the labor market has moved from being extremely strong and into better balance, she said.
Persons: ” Tuan Nguyen, , ” Karin Kimbrough, , ” Oliver Allen, ” Allen, , Andrew Challenger, Nick Bunker, Pantheon’s Allen, Beryl “, Mike Skordeles Organizations: CNN, RSM, Federal, LinkedIn, Labor, Department of Labor, “ Companies, Pantheon Macroeconomics, BLS, Employers, ADP, Challenger, Technology, , North America, Bank of America Locations: US, Michigan, Texas
Chun Shui Tang founder Liu Han-chieh and managing director Angela Liu at one of their company's teahouses in Taichung. Chun Shui Tang's executives appear unperturbed by the many shapes and forms boba tea takes these days — Heinz ketchup boba tea, anyone? AdvertisementIn 2008, Chun Shui Tang introduced a boba tea hot pot with a savory tea-infused broth. Huileng Tan/Business InsiderChun Shui Tang OG shop in Taichung is a tourist hotspotToday, Liu's OG Chun Shui Tang teahouse in Taichung is on many tourists' checklists. Chun Shui Tang founder Liu said he isn't worried about the competition, because the market is big enough for everyone.
Persons: , Chui, Chui Shui Tang, Chun Shui Tang, Liu Han, Liu, It's, Lin Hsiu, Chun, Huileng Tan, Lin, Angela —, doesn't, he's, Tang, He's, boba, Tu, Liu's, Angela, Chun Shui, Angela Liu, Heinz, they've, Liu wasn't, Mark Anthony Villones, Villones, Filippino Mark Anthony Villones, Kayne Sy, China Chun Shui Tang, Jason Yu, Kantar, Aly Song, Yu, it's Organizations: Service, Business, Chun Shui, Starbucks, Purdue University, Chun Shui Tang, Liu's, BI Locations: Chui Shui, Taiwan, Taichung, Japan, Tainan, China, Huileng, , Philippines, Central China, Hong Kong
“Beef” actor Patti Yasutake has died at the age of 70. Yasutake, who was arguably best known for her role as Nurse Alyssa Ogawa on “Star Trek: The Next Generation” and subsequent “Star Trek” franchises, died Monday. Fritz said the actor died surrounded by her family after a long battle with cancer. Yasutake was born and raised in Los Angeles, Fritz said, and graduated UCLA with honors in theater. A working actor her whole life, Yasutake had a slew of theater credits and got her start at East West Players in Los Angeles, Fritz said.
Persons: Patti Yasutake, Yasutake, Alyssa Ogawa, “ Patti, , Kyle Fritz, Fritz, Fritz said, Gung Ho ”, , Linda Hayashi, Steven Yasutake Organizations: Beef, , UCLA, East West Players, Galveston ” Locations: Los Angeles, Galveston
However, in New York, where Abad lived briefly in the 1970s, while studying painting at the Art Students League, her work has been scarce. The Museum of Modern Art owns nothing by her, and the Metropolitan Museum of Art just acquired its first piece. During her life, she proposed shows to U.S. museums and received around 100 rejection letters, her family has said. MoMA PS1 is hosting the first retrospective dedicated to Abad, which was organized by Victoria Sung at the Walker Art Center in Minneapolis, where it ran last year. It consists of more than 50 works, and while it should be two or four times larger — she was protean and prolific — it is still thrilling.
Persons: Pacita Abad, Abad, Victoria Sung Organizations: Art Students League, Modern Art, Metropolitan Museum of Art, Walker Art Center Locations: Singapore, Asia, Manila, New York, Minneapolis
Last Friday, Ho took his company, NIP Group, public on the Nasdaq stock exchange. NIP Group makes money from live streams — both of esports and from third-party influencers — and event production and its esports arm. NIP Group plans to explore esports real estate, digital collectibles, and esports training camps, among other strategies, the company said in a filing. Before the duo cofounded NIP Group, Ho was the chief marketing officer of iDreamsky Games, one of the largest game publishers in China. Though billed as an esports company, NIP Group made the bulk of its revenue last year primarily from managing 36,000 online entertainers — with money coming largely from fees on their live streams.
Persons: , Mario Ho, Stanley Ho, Ho, NIP Organizations: Service, NIP Group, Nasdaq, SEC, Business, Group, iDreamsky, MIT Sloan School, Macau Esports Federation, MSI Finance Management Company, Bloomberg Locations: Sweden, China, Oslo, Hong Kong, Asia, Macau
Read previewIt didn't take long for Vice President Kamala Harris to be hit with a barrage of sexist and racist attacks after President Joe Biden endorsed her for the presidential run. Harris is also facing a barrage of sexist attacksThe GOP is baselessly accusing Harris of sleeping her way to the top. JD Vance says women who haven’t given birth like Kamala Harris are “childless cat ladies who are miserable at their own lives,” and have “no direct stake” in America. Although Hillary Clinton also bore the brunt of sexist attacks as a female presidential candidate in 2016, the experts told BI that Harris is going to have it much worse. Representatives for Harris did not immediately respond to a request for comment from Business Insider sent outside regular business hours.
Persons: , Kamala Harris, Joe Biden, Harris, Tim Burchett, Tennessee, Glenn Grothman, @KathrynMerckTV, Paul Ingrassia, Ingrassia, she's, @DrJohnEastman, Kamala, NpgtQxaCOG, Trump, Laura Loomer, Loomer, Willie Brown, Everything, 803lsgsdW1, Brown, Montel Williams, Williams, X, Megyn Kelly, Kelly, — Megyn Kelly, @megynkelly, JD Vance, 3DJY3pQTGe, Ron Filipkowski, Jackson Lahmeyer, Joe, HQMRnQ52Fy — Jackson, Thomas Hollihan, Costas Panagopoulos, Panagopoulos, Hillary Clinton, Jonathan Aronson, Hillary, Hollihan, Clinton Organizations: Service, Biden, GOP, Business, CNN, Monday, DEI, Democratic Party, DC, Reuters, Fox News, Pastors, USC Annenberg, Northeastern University, Business Insider Locations: Black, Wisconsin, Oakland , California, San Francisco, California, America, American
The past few years have solidified single-family rental homes as genuine moneymaking enterprises, not just ho-hum nest eggs. Related storiesWhen everyone was scrambling for their piece of the suburbs during the pandemic, mom-and-pop landlords pounced, using these newfound tools to collect more cash. The company, which estimates only one-fourth of single-family-rental landlords use professional management services, now manages more than 28,000 rentals on behalf of small landlords. As the Wall Street ethos trickles down to small rental owners, it'll be harder and harder to tell them apart. But the gap is narrowing as small rental owners capitalize on the innovations that the institutional class has already embraced.
Persons: Daniel doesn't, Daniel, hasn't, he's, Bryan Smith, , Zers, John Burns, Rick Palacios Jr, Palacios, Jordan Kavana, Rich Ford, you've, Ford, Devin Redmond, doesn't, Philip Garboden, It's, Garboden, Roofstock Organizations: Atlanta, Corporate, Harvard Joint Center for Housing Studies, John Burns Research, Consulting, Ark Homes, Rent, Vesta Ventures, University of Chicago Locations: Zillow, Atlanta, Raleigh, Chattanooga , Tennessee, Grand Rapids , Michigan
Read previewBefore his 2019 death in jail, Jeffrey Epstein spent hours being interviewed on camera by Steve Bannon. AdvertisementAlexandra Preate, a spokesperson for Bannon, told BI in December 2021 that the documentary about Epstein would be screened "probably around Labor Day." In the 2000s, Trump and Jeffrey Epstein fought over Trump's purchase of a Palm Beach mansion that Epstein coveted. Mark Epstein said Jeffrey Epstein told him he wasn't subpoenaed for any depositions at that time. "You were the only person I was afraid of during the campaign," Bannon told Epstein, according to Wolff's book.
Persons: , Jeffrey Epstein, Steve Bannon, Bannon, Epstein, Ghislaine Maxwell, Epstein —, Donald Trump's, He's, Kevin McCarthy, Alexandra Preate, Preate, Trump Bannon, Mark Epstein, Jeffrey Epstein's, Donald Trump, Melania Knauss, Jeffrey, Trump, Bannon's, Steve Bannon's, Jacob Shamsian, wasn't, would've, Brett Kavanaugh, Kavanaugh, he's, Mike Lindell, I've, It's, Guo Wengui, Guo —, Ho Wan Kwok, Miles Guo —, Guo, Leon Black, Black, Epstein's, David Bossie, Bobbi Sternheim, Gloria Allred, Arick Fudali, didn't, David Schoen, Brad Edwards, Emma, Jo Morris, Hunter, Morris, Michael Wolff, Wolff, Julie K, Brown, Alexander Acosta, Acosta, Ehud Barak, Reid Weingarten, Rachel Maddow, Gayle King, King, Patrick Semansky, he'd, Diana, Jean Carroll, Bergdorf Goodman, Carroll Organizations: Service, New York, Business, Global, Victory Films, Trump, Capitol, Labor, Daily, Miami Herald, Davidoff, BI, Voting Systems, Apollo Global Management, White, Citizens United, Office, Southern, of, New, Trump White Locations: Manhattan, Paris, Palm Beach , Florida, Mexico, Danbury , Connecticut, Palm Beach, New York, jshamsian@businessinsider.com, JacobShamsian, York, Miami, Florida, Trump
Read previewTesla billionaire Elon Musk, former Fox News host Tucker Carlson, and venture capitalist David Sacks personally lobbied Donald Trump to select JD Vance as his running mate, according to Axios. Axios said that a secret lobbying campaign continued into Monday morning, led by key figures such as Musk, Carlson, and Sacks. Tucker Carlson praised JD Vance after he was announced as Trump's VP nominee. Advertisement"When the Twin Towers came down, JD Vance enlisted in the Marine Corps, gung-ho to exact justice on America's enemies," Sacks wrote on X. Representatives for Donald Trump, JD Vance, Elon Musk, Tucker Carlson, and David Sacks did not immediately respond to requests for comment.
Persons: , Elon Musk, Tucker Carlson, David Sacks, Donald Trump, Vance, Trump, Mike Allen, Doug Burgum, Sen, Marco Rubio —, Axios, Carlson, Sacks, Carlson's, Rupert Murdoch, doesn't, JD Vance, Ivan Apfel, JD, America's Hitler, Sean Hannity Organizations: Service, Fox News, GOP, Business, Truth, CNN, — North Dakota Gov, Trump, Politico, Federal Trade, Big Tech, Marine Corps Locations: Ohio, United States, , Ukraine, Israel, Europe, American
The defector, Ri Il-kyu, 52, made the comments in an interview with a newspaper in Seoul, which was also the first time his defection became public. Mr. Ri was a political counselor at the North Korean Embassy in Cuba when he fled to South Korea last November. He is the most senior North Korean official known to defect to the South in nearly a decade. They were among the best-known North Korean diplomats dealing with Washington. But they soon disappeared from North Korean state media.
Persons: Kim Jong, Donald J, Trump, Kim, Ri Organizations: North, North Korean Embassy, North Korean, Chosun Ilbo, Washington Locations: United States, North Korean, Seoul, Cuba, South Korea, Korean
CNN —Like its titular tornados, “Twisters” blasts through a lot in its 122-minute runtime. Generally, scientists are the least certain about the connection between tornadoes and climate change as it’s unclear how warming temperatures are changing storms themselves or the outbreaks. Cathy, a local farmer, gripes that storms and floods are becoming more frequent, and the price of wheat more expensive, while stopping short of citing climate change. However, for a film populated by scientists and clued-in citizens to not mention climate change is a little like the twisters themselves: there’s a hole at the center. !”“Making a ‘Twisters’ movie in Tornado Alley during storm season, tornado season, it’s kind of perfect.
Persons: Glen Powell’s brawn, , , Lee Isaac Chung, “ We’ve, , Javi, Anthony Ramos, Kate, Daisy Edgar, Jones, ” Lee, Maura Tierney’s, Cathy, that’s, Lee, Glen Powell, Mark L, Smith, Joseph Kosinski, it’s, we’re, Kevin Costner, Yorgos, Matt Smith, Fabien Frankel, Anya Taylor, Joy, Max, George Miller, Chris Hemsworth, Samsik, Kang, , Nicola Coughlan, Luke Newton, Guy, Ryan Gosling, Emily Blunt, David Leitch, stuntmen, Jane Schoenbrun, Justice Smith, Brigette Lundy, Paine, Josh O'Connor, Idris Elba, Adam Pally, Hao Xuande, Sandra Oh, Chan, Henry Cavill, Alex Pettyfer, Guy Ritchie's, Guy Ritchie, Jerry Bruckheimer, Isabella Rossellini, Kristen Stewart, she's, Denis Villeneuve, Frank Herbert's, Jessica Chastain, Austin Butler, Ambika Mod, Leo Woodall, Molly Manning Walker, Bryan Cranston, Matthew Vaughn, Ava DuVernay, Aunjanue Ellis, Taylor, Paul Mescal, Andrew Scott, George Clooney, Pedro Alonso, Penelope Cruz, Laura Garello Ferrari, Adam Driver, Michael Mann, Emma Stone, Bella Baxter, Willem Dafoe, Mark Ruffalo, Ramy Youssef, Imelda Staunton, Dominic West, Ncuti Gatwa, Paul King, Hugh Grant's Oompa, Napoleon, Vanessa Kirby, Ridley Scott, Nicolas Cage, Emerald Fennell, Jacob Elordi, Priscilla, Sofia Coppola, Elvis Presley, Kitty Green, Justine Triet, Sandra Hüller, Palme, Ryu Seungryong, Oppenheimer, Christopher Nolan, Cillian Murphy, Robert Downey Jr, Margot Robbie, Ken, Greta Gerwig, Mattel, Tom Cruise, Christopher McQuarrie, Simon Pegg, Scarlett Johansson, Jason Schwartzman, Adrien Brody, Jeffrey Wright, Wes Anderson, Celine Song, Greta Lee, Halle Bailey, Javier Bardem, Kim Woo, Seung, Cho Ui, seok, Jan de Bont’s, ” Glen Powell, Melinda Sue Gordon, Ramos, Powell, everybody’s weirdly, ” Powell, Tyler Owens, “ I’m, anyone’s Organizations: CNN, , Universal Pictures, Warner Bros ., CNN CNN, Ungentlemanly, Locations: Midwest, Oklahoma, Arkansas, Korea, Modena, Palme d'Or,
The country’s Disaster and Emergency Management Authority is active but relatively new in its current form, having been consolidated as a single agency only in 2009. The practice of emergency management has generally originated from the first responder community and the civil defense era, primarily with a focus on consequence management. But as emergency management agencies have been designed, emergency management systems have been shaped by laws and agreements across government bureaucracies and partners in the private and nonprofit sectors with a narrower focus on managing consequences, focused more on logistics than sociology. But disaster management in practice is still fundamentally a numbers game. Strong emergency management agencies are also important.
Persons: CNN —, Jeff Schlegelmilch Jonathan Sury, Paula Bronstein, Jeff Schlegelmilch, George Rose, Enrico Quarantelli, , ” Jeff Schlegelmilch, Megadisasters, Ho Organizations: CNN, Emergency Management Authority, Defense Department, Alaska Airlines, Geological Survey, Federal Emergency Management Agency, FEMA, United Nations Office, Nations, Twitter Locations: Gaziantep, Turkey, Hatay, America, Syria, Vesuvius, Patong, Phuket, Thailand, Ukraine, Mount St, Helens, Seattle , Washington, United States, Port, Prince, Haiti, Japan
But Nickens only stayed in Texas for two years before returning to California because she missed the weather and access to nature. I moved from the Inland Empire to Orange County in 2016 after my daughter graduated from high school. I really didn't want to be left behind. I didn't realize how much I really loved being outside until I moved to Texas. I really, really missed the beach.
Persons: , Heather Nickens, Nickens, I'm, Dallas, Abbott, I've Organizations: Service, Business, Labor, Angels Locations: Orange County , California, Dallas, Texas, California, Houston, Inland, Orange County, Austin, Galveston
Ca Phe Muoi co-owners Ho Thi Thanh Huong and Tran Nguyen Huu Phong. Traditional Vietnamese coffee is brewed in a phin – a metal, filtered brewing device – that’s placed over a cup or pot. And salt coffee is just one of several distinctive Vietnamese coffee drinks that might raise a few eyebrows among those who’ve yet to sample them. In fruit shake coffee – sinh to ca phe – coffee is combined with banana or avocado to produce a smoothie. And though they serve both iced and hot versions of salt coffee, they think the former is the tastiest option.
Persons: CNN — It’s, Luong, , Ho, Tran Nguyen, , Tran Nguyen Huu, phe muoi, Linh Pham, trung, Mintel, phe Organizations: CNN, , , Bloomberg, Getty, International Trade Council Locations: Hue, Vietnam, Turkey, Hungary, Siberia, Hanoi , Vietnam, Brazil, Hanoi, it's, Asia, California, Seattle, Philadelphia, London, Hue Imperial City
Washington CNN —Hunter Biden’s Washington, DC, law license has been suspended, according to a newly released order from a local court that pointed to his recent conviction on three gun crimes. The order was issued by Chief Judge Anna Elizabeth Blackburne-Rigsby of the DC Court of Appeals, which is the highest appellate court in DC and oversees the DC Bar. It is typical for bars in other states to reciprocate law license suspension or disbarment orders, meaning Biden’s license is also likely to soon be suspended in any other state where he is licensed. Biden has asked for a new trial in the gun case. During closing arguments in Biden’s gun trial, one of the prosecutors described him as a “Yale-educated defendant,” referring to the school where he earned his law degree.
Persons: Washington CNN — Hunter Biden’s, Anna Elizabeth Blackburne, David Weiss, Biden, Weiss, Boies Schiller, Flexner, Patrick Ho, Ho Organizations: Washington CNN, DC, of Appeals, DC Bar’s, Biden, Justice Department, GOP, Yale Locations: Washington CNN — Hunter Biden’s Washington, Wilmington , Delaware, Los Angeles, Hong Kong, Ho
CNN —Julian Assange is no martyr, but the Trump administration’s continued pursuit of the WikiLeaks founder ended up making him one — in the eyes of many Australians. Assange, who was released from prison in the UK on June 24, has long been a polarizing figure in his native Australia. Once Assange pleads guilty, under the plea agreed with the US, he will have spent five years in solitary confinement. Assange’s WikiLeaks disclosures put Western human intelligence sources at risk by the way they were dumped on the internet unredacted. He is reported to be heading to Canberra where he’ll be given a hero’s welcome by some, including his family and hardline supporters.
Persons: Latika Bourke, , Read, CNN — Julian Assange, Trump, Latika Bourke Louis Douvis, Assange, narcissist, Pamela Anderson, Vivienne Westwood, Assange “, Chelsea Manning, Matt Canavan, ” Canavan, Julian Assange, Saeed Khan, Canavan, “ he’s, George W, , Assange’s, Julian Hill, Stella Assange, indefatigably, Hill, Caroline Kennedy, Joe Biden, Anthony Albanese, Albanese’s, Albanese, Scott Morrison, he’s, ” Hill, Assange hasn’t, he’ll Organizations: Nightly, Sydney Morning Herald, Love, CNN, WikiLeaks, Trump, US Army, Australian, Wikileaks, Getty, Reuters, Australian Labor, Democrat, Labor, Liberal, Twitter, Facebook Locations: Australian, India, British, Ecuadorian, London, Sweden, Sydney's, Australia, AFP, Saipan, Northern Mariana Islands, Iraq, Canberra
Skyline, Ho Chi Minh City, Vietnam John Harper | Photodisc | Getty ImagesSoutheast Asia has emerged as a top choice for firms looking to diversify production away from China, including Chinese companies, amid escalating tensions between Washington and Beijing. "Southeast Asia is well-placed to benefit significantly from the China+1 phenomenon as both foreign and Chinese companies diversify their supply chains and operations," said Kuo-Yi Lim, co-founder and managing partner of Southeast Asian venture capital firm Monk's Hill Ventures. "The ASEAN-6 region has benefited from a diversification of global and regional supply chain as well as the adoption of 'China+1' strategies. MalaysiaMalaysia has seen semiconductor firms including Intel, GlobalFoundries and Infineon setting up or expanding operations in the country over the last few years amid U.S.-China tensions. Chinese electric vehicle maker BYD plans to start commercial production of EVs in Indonesia in 2026, according to local reports.
Persons: Vietnam John Harper, Kuo, Yi Lim, Lim, Yinglan Tan, Kai Wei Ang, CNBC's, It's, Ang, Anders C, Johansson, , Sokon – Organizations: Photodisc, Getty, Monk's Hill Ventures, ASEAN, Hong Kong SAR, Apple, Ventures Partners, Samsung, BofA Securities, Intel, GlobalFoundries, Infineon, U.S, Monk's Hill Ventures . Industry, Malaysia that's, Stockholm China Economic Research, Stockholm School of Economics, Chery, Singapore Locations: Chi Minh City, Vietnam, Asia, China, Washington, Beijing, Monk's, Indonesia, Malaysia, Philippines, Thailand, Singapore, U.S, Japan, European Union, China & Hong Kong, Hong Kong, Vietnam Vietnam, ASEAN, Malaysia Malaysia, Stockholm China, EVs
Sure enough, the next day began a historic ascent of Apple stock, an in-your-face rally that many thought made no sense. There's a coalescence of two themes, high speed, accelerated computing and increasingly intelligent AI, and neither works without Nvidia chips. I know that it seems impossible to ponder Nvidia's stock going any higher or passing Apple and Microsoft and staying ahead of it. Ask yourself, does any company match Jensen and Nvidia right now? I say let others be baffled over the Apple versus Microsoft versus Nvidia conundrum.
Persons: WWDC, Tim Cook, Tim, Claude, hasn't, Moore, Elon Musk, Nvidia's, Jensen Huang, Jensen, Ben Franklin, Franklin, Da Vinci, — Jensen, Steve Jobs, Jim Cramer's, Jim Cramer, Jim, Jim Cramer Rob Kim Organizations: Apple, Developers, Microsoft, Club, Dell, HP Inc, PC, Micron, Nvidia, Computers, Intel, AMD, Pentium, Taiwan Semiconductor Manufacturing Co, Franklin Institute, Oracle, Google, GTC Conference, Cisco, Jim Cramer's Charitable, CNBC Locations: Philadelphia, Rome, Jensen
Read previewSouth Korea said it could send weapons to Ukraine after Russia signed a security pact with Seoul's biggest regional foe, North Korea. Putin became the first Russian leader to visit North Korea in a quarter of a century this week, cementing an alliance with the pariah state. Putin, on a trip to Vietnam Friday, warned South Korea against arming Ukraine in response, saying that it would be a "big mistake." Moscow "will... [make] decisions which are unlikely to please the current leadership of South Korea" if it goes ahead and sends weapons to Ukraine, Putin said, reported BBC News. But he also said that South Korea has "nothing to worry about" from the new pact as long as it doesn't commit acts of aggression toward North Korea.
Persons: , Chang Ho, Kim Jong Un, Chang, Putin, Russia's, Cho Tae, yul, Antony Blinken Organizations: Service, Seoul's, Korean, North, Business, UN Security Council, UN, South, BBC Locations: Korea, Ukraine, Russia, North Korea, Pyongyang, Russian, East Asia, South Korea, Japan, Vietnam, Moscow
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "If you're not a person who gets that and you're really only getting dopamine hits from making money, then it's hard to work on hard problems," he said. Srinivas said he and his Perplexity cofounders, Denis Yarats and Johnny Ho, were already "obsessed" with search and knowledge-based products even prior to starting Perplexity, including work at Quora. Having already cultivated a passion for improving search quality made it easier for them to work on Perplexity without any "immediate dopamine hits." Advertisement"It's important to know what your dopamine system is — where do you get your dopamine?"
Persons: , Aravind Srinivas, Lex Fridman, Srinivas, cofounders, Denis Yarats, Johnny Ho Organizations: Service, Business Locations: Quora
Chang emphasized the need to strengthen the extended deterrence power of the South Korea-US alliance and the South Korea-US-Japan security cooperation system to address North Korea’s nuclear weapons and missiles. Currently, South Korea’s policy is not to provide lethal weapons to Ukraine. Nikoletta Stoyanova/Getty ImagesReports from earlier in the war say South Korea may have provided 155mm artillery shells to the United States to replace 155mm rounds sent to Ukraine. “Public reports suggest South Korea has around 3.4 million 105mm artillery shells,” the CSIS report said. Earlier on Thursday, Japan’s Chief Cabinet Secretary Yoshimasa Hayashi also expressed strong concern about the agreement signed by Russia and North Korea.
Persons: Vladimir Putin, Kim Jong Un, , ” Putin, Kim, Chang Ho, , ” Chang, Chang, Putin, Nikoletta Stoyanova, Yoshimasa Hayashi, Putin “, ” Hayashi Organizations: CNN, Democratic People’s, DPRK, UN Security Council, CNN South, National Security, Korean, 57th Motorized Brigade, Getty, Center for Strategic, International Studies, , CSIS, UN, Japan’s Locations: Korea, Ukraine, Seoul, Russia, North Korea, DPRK, Democratic People’s Republic, Republic of Korea, South, South Korea, Japan, Vovchansk, Kharkiv Region, United States, Kyiv, Vietnam, Ukrainian
Even without any interest rate cuts so far in 2024 — and with the likelihood of just one meager rate reduction by the end of the year — the stock market has been purring along. That’s quite an achievement, given the expectation in January that the Fed would trim rates six or seven times in 2024 — and that interest rates throughout the economy would be much lower by now. Buoyant as the stock market may seem, when you look closely, it’s apparent that the S&P 500’s recent returns rest on a precarious base. fever — based on the belief that artificial intelligence is ushering in a new technological age — has been spreading among investors, and that has been enough so far to keep the overall stock market averages rising. In fact, strip away the biggest companies, especially the tech companies, and overall market performance is unimpressive.
Persons: Organizations: Federal, Nvidia, Microsoft, Apple Locations: U.S
With her prosecution of former President Donald J. Trump bottled up in a state appeals court fight, the Georgia district attorney who brought the case pushed back at her conservative critics on Thursday, appearing to single out recent remarks made about her by Mr. Trump’s co-defendant Rudolph W. Giuliani. At a recent stop on the ReAwaken America tour, a right-wing Christian event, Mr. Giuliani referred to the district attorney, Fani T. Willis, as a “ho,” using a stylized version of the word “whore” borrowed from the African American vernacular. He also said he chose to deliberately mispronounce Ms. Willis’s first name as “Fanny,” as opposed to the proper pronunciation, “FAHN-ee.”Ms. Willis spoke on Thursday to leaders of the African Methodist Episcopal Church, who were meeting at a church in Marietta, Ga.“I’ve lived the experience of a Black woman who is attacked and over-sexualized,” she said. “See, I’m so tired of hearing these idiots call my name as ‘Fanny,’ in a way to attempt to humiliate me. Because, like silly schoolboys, the name reminds them of a woman’s rear, of her behind.”
Persons: Donald J, Trump, Trump’s, Rudolph W, Giuliani, Fani, Willis, , Willis’s, Fanny, Ms, I’ve, Organizations: America, African Methodist Episcopal Church Locations: Georgia, Marietta , Ga
Signage is displayed outside a permanently closed Bed Bath & Beyond retail store in Hawthorne, California, on May 1, 2023. The billionaire activist investor Ryan Cohen won the dismissal on Tuesday of a shareholder lawsuit accusing him of profitably cashing out of Bed Bath & Beyond shares too quickly as the home goods retailer was hurtling toward bankruptcy. Cohen revealed a 9.8% stake in Bed Bath & Beyond in March 2022 and pushed for changes that would include new directors and exploring a sale of the Buy Buy Baby brand. Bed Bath filed for bankruptcy in April 2023, and its common shares were canceled when its Chapter 11 plan became effective in September. The case is In re Bed Bath & Beyond Inc Section 16(b) Litigation, U.S. District Court, Southern District of New York, No.
Persons: Ryan Cohen, Dale Ho, Cohen, Lee Squitieri, Dave Wollmuth, Ho, Todd Augenbaum, Judith Cohen Organizations: Bed, U.S, GameStop, Forbes, Court, Southern District of Locations: Hawthorne , California, Manhattan, Chewy, Bed Bath, Southern District, Southern District of New York
Allman, a free-spirited journalist who challenged American mythmaking in pointed, personal reporting over five decades on topics as varied as the Vietnam War and contemporary Florida, died on May 12 in Manhattan. In March 1970, as a 25-year-old freelance journalist, Mr. Allman, accompanied by two other reporters, walked 15 miles over the mountains in Laos to report for The New York Times about Long Cheng, a secret C.I.A. “At the end of the paved runway were three Jolly Green Giant rescue helicopters,” Mr. Allman reported. “Their presence is believed to be one of the reasons the United States tries to keep Long Cheng secret. The Jolly Green Giants are regarded as proof that the United States bombs not just the Ho Chi Minh Trail but northeastern Laos as well.”
Persons: T.D, Allman, Chengzhong Sui, Long Cheng, Jolly, Mr Organizations: The New York Times, United States, Jolly Green Giants Locations: American, Vietnam, Florida, Manhattan, Laos, United
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