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☆ Opinion | The Presidential Campaign’s Carbonated Détente
▼ + stars: | 2024-08-07 | by ( Frank Bruni | ) www.nytimes.com time to read: +1 min

The beverage has had a starring role in the 2024 campaign because, it turns out, both vice-presidential candidates are fans of it. That suggests some artificially sweetened version of horseshoe theory, with left and right arriving at a similar destination, a carbonated détente. It’s also zero calories per serving, and neither man seems to be a metabolic marvel liberated from any worry about weight. President Theodore Roosevelt, so appreciative of nature, plucked mint from the White House garden for juleps. President Donald Trump, so given to excess, drank as many as 12 Diet Cokes a day.

Persons: ’, syrupy —, JD Vance, Tim Walz, men’s, It’s, Thomas Jefferson, Theodore Roosevelt, Donald Trump, Cokes Organizations: Ohio, Gov Locations: Minnesota

☆ Jobs Report Shows the Labor Market Is in Danger, Recession Possible
▼ + stars: | 2024-08-07 | by ( Emily Stewart | ) www.businessinsider.com time to read: +9 min

The jobs report said the US economy added 114,000 jobs in July, far fewer than the 176,000 jobs that economists expected. The weakness of the jobs report tipped the worry scale and sent markets into meltdown mode. Outside the July jobs report, there were plenty of signs the labor market was cooling off. If that seems confusing, here's the only thing you really need to know: The July jobs report triggered the Sahm rule. Nobody should be losing a ton of sleep over the state of the labor market or over the economy overall.

Persons: it's, Guy Berger, doesn't, Skanda Amarnath, there's, what's, Claudia Sahm, we're, Amarnath, Alí Bustamante, Bustamante, would've, it'll, Jay Powell, Berger, Emily Stewart Organizations: Federal Reserve, Glass, Labor, Survey, New Century Advisors, Worker Power, Economic Security, Roosevelt Institute, Fed, Business

☆ This labor data trend is a 'warning sign,' economist says. Here's why
▼ + stars: | 2024-08-06 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

The unemployment rate jumped in July, and there is a detail in the data that has alarmed some economists. So-called marginally attached workers, according to the Bureau of Labor Statistics, are those who are available to work and want a job, but have not searched for a job in the four weeks preceding the survey. Bustamante assessed marginally attached workers plus unemployed workers as a group, which the BLS refers to as U-6. "That's a warning sign" for the labor market, he said. It is a sign that people want a job, but are having a hard time finding a job, he said.

Persons: Alí Bustamante, Bustamante, Kamala Harris, Nick Bunker Organizations: Bureau of Labor Statistics, Worker Power, Economic Security, Roosevelt Institute, Finance, North Locations: New York City, North America

☆ The US Navy is on its fourth aircraft carrier as its warships react to fighting in the Middle East
▼ + stars: | 2024-08-05 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewThe US Navy is sending another aircraft carrier to the Middle East. AdvertisementThe aircraft carrier USS Abraham Lincoln, right, follows the guided missile cruiser USS Cape St. George as the ships transit the Strait of Hormuz in May 2012. A carrier strike group consists of a carrier, its air wing, and other warships like destroyers and cruisers. The US also deployed the Dwight D. Eisenhower Carrier Strike Group to the Eastern Mediterranean as regional tensions flared. It then pivoted to the Middle East to defend merchant shipping lanes in the Red Sea and Gulf of Aden from Houthi attacks.

Persons: —, Abraham Lincoln, Israel, It's, Lincoln, George, Alex R, Forst, Gerald R, Dwight D, Eisenhower, Theodore Roosevelt Carrier, Roosevelt Organizations: Service, US Navy, Pentagon, Saturday, Abraham Lincoln Carrier Strike, Business, Hamas, Ford Carrier Strike Group, Israel, US, Eisenhower Carrier Strike Group, Ford, Eisenhower, AP, Theodore Roosevelt Carrier Strike, Lincoln, USNI, Fleet, Department of Defense, US Central Command, Command Locations: Israel, Iran, Tehran, Cape St, Hormuz, Gaza, Yemen, Lebanon, Iraq, Syria, Gulf, Aden, Persian, United States

☆ Missile attack by Yemen’s Houthi rebels hits container ship in first attack in 2 weeks
▼ + stars: | 2024-08-04 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +5 min

DUBAI, United Arab Emirates — A missile attack by Yemen’s Houthi rebels struck a Liberian-flagged container ship traveling through the Gulf of Aden, authorities said Sunday, the first assault by the group since Israeli airstrikes targeted them. Gen. Yahya Saree, a Houthi military spokesman, claimed the attack in a prerecorded statement Sunday afternoon. The rebels have targeted more than 70 vessels with missiles and drones in a campaign that has killed four sailors. Meanwhile Saturday, the U.S. military’s Central Command said its forces destroyed a Houthi missile and launcher in Yemen. Hamas’ Oct. 7 attack on Israel, which killed 1,200 people and saw 250 others taken hostage, sparked the war.

Persons: Yemen’s Houthi, Ismail Haniyeh, Yahya Saree, JMIC, ”, Saree, Abraham Lincoln, Theodore Roosevelt Organizations: United Arab Emirates, Liberian, Maritime Information, U.S . Navy, United, U.S MQ, U.S . Defense Department, U.S ., CIA, U.S, U.S . military’s, Command, West Bank Locations: DUBAI, United Arab, Aden, Gaza, Iran, Gulf, Groton, ”, United Arab Emirates, Jeddah, Saudi Arabia, U.S, Israel, United States, Britain, Tel Aviv, Hodeida, Asia, East, Europe, Suez, Sanaa, Haniyeh, Tehran, Gulf of Oman, Yemen, Hamas

☆ Republicans for Harris launches, aiming for Biden-like appeal to anti-Trump voters
▼ + stars: | 2024-08-04 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +7 min

Weatherford had just started gearing up with the Republicans for Biden effort in June when the race took a turn. Bill Weld (the 2016 Libertarian nominee for vice president who then challenged Trump in the 2020 Republican primary), former New Jersey Gov. Harris aides have quickly announced changes to many of her previous more liberal positions. A print production specialist at a print shop in Tucson, Arizona, cuts a run of yard signs in support of Vice President Kamala Harris' presidential campaign on July 25, 2024. “We want Republicans talking to Republicans,” Weatherford said, “because we think that’s the best way to make it work.”

Persons: Biden, Harris, Joe Biden’s, Kamala Harris, Donald Trump, Trump, Biden spiraled, Nikki Haley, ”, Austin Weatherford, Adam Kinzinger of, Weatherford, “, Bill Weld, Christie Todd Whitman, Kinzinger, Denver Riggelman, Joe Walsh, Stephanie Grisham, Claudine Schneider, ” Schneider, creaked, Rebecca Noble, Reuters “ Harris, ” Weatherford, Schneider, Republicans “, Abraham Lincoln, Teddy Roosevelt, Ronald Reagan, hadn’t, Gov, Geoff Duncan, Harris didn’t, George W, Bush, Mike Pence, Biden’s, ” Pence, Pence, MAGA Organizations: CNN, Democratic, Republicans, Trump, Biden, GOP, Republican, Massachusetts Gov, New, New Jersey Gov, Virginia Rep, Denver, Illinois, Former Rhode Island, Green New, Reuters, Democrats, Senate, Republican Party, Weatherford Locations: San Francisco, Adam Kinzinger of Illinois, Arizona , Pennsylvania, North Carolina, Massachusetts, New Jersey, Colorado, Tucson , Arizona, Georgia, Atlanta, Milwaukee

☆ U.S. increasing military presence in Middle East after Hamas leader's killing
▼ + stars: | 2024-08-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Courtney-Kube-Circle-Byline-Template.Jpg | Courtney Kube | ) www.nbcnews.com time to read: +3 min

Defense Secretary Lloyd Austin on Friday ordered more destroyers and other military forces to the Middle East following this week’s assassination of Hamas’ political leader in Iran, the military said. The U.S. military statement does not specifically mention Haniyeh's killing. "The Department is also taking steps to increase our readiness to deploy additional land-based ballistic missile defense," the Pentagon statement said. Israel declared war against Hamas and its leaders after the Oct. 7 attacks launched from Gaza, which Hamas controls. Israel’s military has declared the Hamas leader in Gaza, Yahya Sinwar, a "dead man walking."

Persons: Lloyd Austin, Theodore Roosevelt —, Ismail Haniyeh, Sabrina Singh, Haniyeh, ”, Singh, Austin, Israel, Yahya Sinwar, Yoav Gallant, Benjamin Netanyahu Organizations: USS Lincoln, Department of Defense, Pentagon, Hamas, U.S . European Command, U.S . Central Command, USS, Israel, Defense Department Locations: Iran, —, U.S, Israel, Gaza, USS Lincoln, Lebanese

☆ US sending aircraft carrier, warships and fighter squadron to Middle East as region braces for Iranian retaliation
▼ + stars: | 2024-08-02 | by ( Oren Liebermann | ) edition.cnn.com time to read: +1 min

CNN —The US is sending a carrier strike group, a fighter squadron and additional warships to the Middle East as the region braces for an Iranian retaliation to the killing of a senior Hamas leader in Tehran earlier this week. Defense Secretary Lloyd Austin ordered the USS Abraham Lincoln strike group to replace the USS Theodore Roosevelt strike group, which is currently operating in the Gulf of Oman, according to a statement from Pentagon deputy press secretary Sabrina Singh. In addition, destroyers and cruisers capable of ballistic missile defense will also be sent to the Middle East and the Mediterranean Sea. Austin also ordered the deployment of a fighter squadron to the region, Singh said. Iran has vowed to attack Israel for the assassination of Hamas political leader Ismail Haniyeh in Tehran.

Persons: Lloyd Austin, Abraham Lincoln, Theodore Roosevelt, Sabrina Singh, Austin, Singh, Israel, Ismail Haniyeh Organizations: CNN, Defense, Pentagon, Israel, USS, 24th Marine Expeditionary Unit Locations: Tehran, Gulf of Oman, Iran, Lebanon, Tehran . Israel

☆ The labor market's soft landing 'is in danger,' economist says. Here's where jobs are still growing
▼ + stars: | 2024-08-02 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +4 min

Tom Merton | Ojo Images | Getty ImagesJob seekers have been sour on the job market for a while now — and with good reason. "The soft landing in the U.S. labor market is in danger," Nick Bunker, Economic Research Director for North America for Indeed Hiring Lab, wrote in a statement on Friday. "Yellow flags had started to pop up in the labor market data over the past few months, but now the flags are turning red," Bunker said. Meanwhile, the unemployment rate increased to 4.3%, the highest since October 2021. To pivot, assess 'transferrable skills'Because the labor market is weakening, it might be hard for workers to find opportunities in their preferred industries, Bustamante noted.

Persons: Tom Merton, Nick Bunker, Bunker, Nonfarm payrolls, Alí Bustamante, Julia Pollak, Pollak, NEETS, Bustamante Organizations: Economic, North, Bureau of Labor Statistics, Worker Power, Economic Security, Roosevelt Institute, ZipRecruiter, Health, Finance Locations: U.S, North America, New York City

☆ Biden weighs more US defenses for Israel as the region prepares for Iranian retaliation
▼ + stars: | 2024-08-01 | by ( Oren Liebermann | ) edition.cnn.com time to read: +4 min

CNN —President Joe Biden is weighing more US defenses in the Middle East as the US prepares for an Iranian retaliation against Israel that officials say could include an attack on American forces. The statement did not detail what new deployments would occur ahead of an anticipated Iranian attack in response to the assassination of Hamas leader Ismail Haniyeh in Tehran. The officials said an Iranian response could occur in the coming days. Israel Defense Forces spokesman Rear Adm. Daniel Hagari said that “international partners” have bolstered their forces in the region, though he did not specify which countries. The US is expecting the anticipated Iranian attack may be similar to the barrage of ballistic missiles and drones launched against Israel on April 13, officials said.

Persons: Joe Biden, Benjamin Netanyahu Thursday, Biden, Ismail Haniyeh, Theodore Roosevelt, “ We’re, Benjamin Netanyahu, ” Biden, Joint Base Andrews, Haniyah, ”, Daniel Hagari, Israel’s, Jordan, Hassan Nasrallah, Israel, Haniyeh Organizations: CNN, Israeli, Pentagon, US Central Command, Navy, USS, Marine, Joint Base, Islamic Revolutionary Guard Corps, Israel Defense Forces, Defense, Israel Locations: Israel, Tehran, Gulf of Oman, Aden, Lebanon, Iraq, Syria, Iranian, Jordan, Iran, Beirut, East

☆ Sha’Carri Richardson, chasing an Olympic legacy, has already made one back home
▼ + stars: | 2024-07-31 | by ( Marcus Thompson Ii | ) www.nytimes.com time to read: +13 min

On this same track, at this same school, in this same heat, Sha’Carri Richardson put in the same work. “And it’s Sha’Carri Richardson. Students practice at Carter High’s John E. Kincaide Stadium in Dallas, Texas, where Sha’Carri Richardson once plied her trade. They all know the name Sha’Carri Richardson. It’s community.”GO DEEPER Sha'Carri Richardson, with emphatic win at trials, closing in on Olympic glory(Top illustration: Dan Goldfarb / The Athletic; photo: Hannah Peters / Getty Images)

Persons: DALLAS —, David W, Willis Carrier, Kennedy Jackson, Miles, she’s, “ I’m, ”, Marcus Stokes, she’ll, “, they’re, Sha’Carri Richardson, Robert DeHorney, …, Richardson, Michael Johnson, Oak, ” Johnson, ” Sha’Carri Richardson, She’ll, Patrick Smith, Johnson, bloomer, Roy Martin, Roosevelt, Marlon Cannon, Derrick Cunningham, Cannon, Cunningham, Henry Neal, Dallas, Vance Johnson, Aliyah Johnson, —, they’ve, ” Richardson, Bowerman, Carter High’s John E, Aric Becker, Leon Hayes, Carter, Marion Jones, DeHorney, Cliff, Betty Harp, You’ve, ” Michael Johnson, Indya, ” DeHorney, “ She’s, Nasya Williams, Royaltee Brown, Christine Mallard, Kennedy, It’s Sha’Carri Richardson, Christian Petersen, She’s, ” Krystan, Bright, couldn’t, Blaze, ” Bright, Sha'Carri Richardson, Dan Goldfarb, Hannah Peters Organizations: David, Carter High School, Cedar, Hillcrest High School, Dallas, Texas, Hayward Field, U.S, Skyline High, Baylor, NCAA, Greenville High, Atlanta Games, Texas Relays, University of Texas, Indiana University, UT, LSU, Kincaide, Getty, Dallas Independent Schools, Leon Hayes Relay, Richardson, TCU, USC Locations: Jolly, Texas, loitered, Los Angeles, Paris, Dallas, North Dallas, North Texas, Eugene ,, Oak Cliff, South Oak, Carter, Cuban, Dallas , Texas, Memphis, overcomers, Cedar Hill, Sha'Carri

☆ Harris sees opening in Vance as she considers her own pick for vice president
▼ + stars: | 2024-07-29 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +11 min

CNN —Kamala Harris’ plan as a running mate was to brush past JD Vance as nothing but a rubber stamp for Donald Trump. Vance’s elevation — despite his relative lack of government experience — is giving Harris a new opportunity to go after Trump. Several people hoping to get picked as Harris’ ticket mate echoed that message as they angle for the job. Harris, 59, has the unique experience of leading a selection process only four years after going through it herself. “We’re in a position where somebody has done the job of vice president,” a Harris adviser told CNN.

Persons: CNN — Kamala Harris ’, JD Vance, Donald Trump, Harris, Vance, shouldn’t, Joe Biden, ”, Mitch Landrieu, Biden, MAGA, Trump, whacking Vance, ” Landrieu, He’s, ” Harris, —, Cedric Richmond, “, J.B . Pritzker, Pritzker, Hitler ”, Pete Buttigieg —, South Bend , Indiana —, I’m, Steven Cheung, Vance “, Kamala, Eric Holder, Sheila Nix, Barack Obama, “ Harris, James Singer, Arizona Sen, John McCain, Sarah Palin, McCain, Palin, Karoline Leavitt, Donald Trump’s, ” Pritzker, ” “, Trump’s, Harry Truman, ” Buttigieg, Roosevelt, Time, ” Richmond Organizations: CNN, Democratic, Trump, Ohio Republican, Senate, NASA, Biden White, Gov, Transportation, ” Trump, Alaska Gov, Alaska —, City, Biden Locations: Ohio, United States, Louisiana, South Bend , Indiana, Massachusetts, Arizona, Alaska, Wasilla

☆ I've studied past assassination attempts in US politics. The most similar one to Trump's resulted in a loss in the election.
▼ + stars: | 2024-07-27 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +6 min

For the 1912 election, Taft had the official Republican Party nomination, but Roosevelt decided to run as a third-party independent candidate. JFK and Robert Kennedy's assassinations had different electoral outcomesAfter John F. Kennedy's assassination on November 22, 1963, Lyndon B. Johnson became president. Johnson enjoyed significant popularity — over a 75% approval rating — on the coattails of Kennedy's assassination. AdvertisementRobert Kennedy's assassination meant Johnson's vice president, Hubert Humphrey, had an easier time securing the Democratic nomination. Ford pardoned Nixon and tried to move past Watergate, but the Republican Party couldn't overcome Nixon's stink and Ford's dismissal of his wrongdoings.

Persons: —, David Head, Donald Trump, I'm, John F, Kennedy, Theodore Roosevelt, Roosevelt, Republican William Howard Taft, Taft, Woodrow Wilson, Trump, Wilson, Robert Kennedy's, Lyndon B, Johnson, Robert F, Nixon, Hubert Humphrey, Richard Nixon, Gerald Ford, Ford, Republican Party couldn't, Kamala Harris, Biden, it's Organizations: Service, University of Central, Business, Trump, Republican, Republican Party, Democratic, Republicans, JFK Locations: University of Central Florida, Orlando , FL, Milwaukee, Taft, Vietnam, Los Angeles

Here's what fans need to know about how to buy 2024 Outside Lands tickets, from original tickets to verified retailers, including StubHub and VividSeats. Outside Lands Music Festival 2024 scheduleOutside Lands is a three-day event in Golden Gate Park, San Francisco. How to buy tickets for Outside Lands 2024Festival goers can visit Outside Lands with either a single-day ticket or a three-day pass. How much are Outside Lands Music Festival tickets? Who is performing at the Outside Lands Music Festival?

Persons: Sabrina Carpenter, Sturgill Simpson, Post Malone, Grace Jones, Chappell Roan, Idris Elba, Victoria Monét, Dolores, Daniel Caesar, Reneé Rapp, Knock2, Kevin, Shiba, Freyr, Joe Kay, Jared Jackson, Darius, Shaboozey, Rocco, Kasablanca, Marsh, Billy Woods, Rochelle Jordan, Odie Leigh, Yulia Niko, Miles, Valencia Grace, Jackie Hollander, Chris Lake, Schoolboy Q, Fletcher, Charley Crockett, Madonna, Romy, STRFKR, Allen Stone, Tsha, Ryan Beatty, Sofia Kourtesis, Mimi Webb, Kaleena, Anish Kumar, Lady Wray, Chuck Gunn, Kaytranada, Teddy, Victoria Monét, Slowdive, Mike, Ben Howard, Paul Cauthen, Seth Troxler, Uncle Waffles, Corinne Bailey Rae, Elyanna, Chance Peña, Jaden Thompson, Katie Pruitt, OGI, Dan SPencer, Lael Neale Organizations: Business, Planet Entertainment, Postal Service, Party, Gate, Golden, Purchasing, Shiba San, CID, The Postal Service, Channel Tres, Amyl, AG Club, TV Locations: Francisco, San Francisco ., Tyla, Slowdive, San Francisco, Real, K.Flay, Roosevelt, CMAT

☆ Biden’s Oval Office address now hands debate over democracy to Harris
▼ + stars: | 2024-07-25 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

In his primetime Oval Office address on Wednesday, Biden ceded the political stage to Kamala Harris, ushering in an unusual period heading into the election where the vice president, not the president, will lead their party. It’s been the honor of my life to serve as your president,” Biden said. “But … the defense of democracy, which is a stake, I think (is) more important than any title,” Biden said. One of the most significant implications of Biden’s decision is that he’s now putting his entire political legacy in someone else’s hands. But if Harris prevails over Trump, Biden’s actions and thinking spelled out in Wednesday’s address will be more likely to be remembered in his own terms — as a selfless political move motivated by deep patriotism.

Persons: Joe Biden, Donald Trump, Biden, Kamala Harris, Harris, —, It’s, ” Biden, ”, he’s, Trump, “ Thomas Jefferson, George Washington, Abraham Lincoln, Franklin Roosevelt, Benjamin Franklin’s, “ America’s, didn’t, Ronald Reagan, ” Reagan, “, Barack Obama’s, Shakespeare’s Macbeth Organizations: CNN, Democratic Party, Democratic, Republican, Trump Locations: Gaza, America, Atlanta, Kings, United States of America, Washington

☆ How older Democratic voters are responding to Harris replacing Biden
▼ + stars: | 2024-07-25 | by ( John King | ) edition.cnn.com time to read: +10 min

“Wow, we’re losing Joe Biden,” said Murphy, 83, a retiree who keeps busy teaching the Chinese tile game Mahjong to fellow seniors. You know, she’s, she’s at the perfect age. And I think she’s up to the challenge in that regard.”Boyer knows his innate optimism is about to be tested. “I think that she should be able to push his buttons.”What voters want to see from HarrisPat Levin for months bristled at the Biden age conversation. CNNHer advice to Harris is telling – so many voters who were loyal to Biden are now blunt about what was missing.

Persons: Darrell Ann Murphy, we’re, Joe Biden, ”, Murphy, “ Joe, Easton, Biden, Catherine Long, Long, ” Mary Ann Horvath, ” Horvath, ” Murphy, Kamala Harris, Harris, Pamela Aita, …, Hillary Clinton, Roe, Wade, she’s, She’s, ‘ let’s, let’s, ’ ’ ’ Murphy, Josh Shapiro, “, ” CNN's John King, Marvin Boyer, ” Boyer, Donald Trump, Trump, “ There’s, “ Will, Larry Malinconico, ” Malinconico, Malinconico, Biden’s Harris, Harris ., didn’t, Harris Pat Levin, ” Levin, Pat Levin, John King, ” Biden, Franklin Roosevelt’s, I’ve, “ I’ve Organizations: Pennsylvania CNN, White, Times, Democratic, CNN Local, Easton, Democratic Party, Biden, Lafayette College, CNN Locations: Easton, Pennsylvania, Northampton, Northampton County, Bethlehem, American, “, United States

☆ Full Transcript of Biden’s Speech on Ending His Run for Re-election
▼ + stars: | 2024-07-24 | by ( ) www.nytimes.com time to read: +1 min

President Biden delivered remarks from the Oval Office on Wednesday on his decision to abandon his bid for re-election. The following is a transcript of his speech, as recorded by The New York Times. My fellow Americans, I’m speaking to you tonight from behind the Resolute Desk in the Oval Office. In this sacred space, I’m surrounded by portraits of extraordinary American presidents. But in the defense of democracy, which is at stake, I think it’s more important than any title.

Persons: Biden, Thomas Jefferson, George Washington, Abraham Lincoln, Franklin Roosevelt, It’s Organizations: The New York Times, Resolute Locations: America

☆ European markets set to open higher as traders assess U.S. political landscape
▼ + stars: | 2024-07-22 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

In this photo illustration showing a screen, current US President Joe Biden is seen speaking from the Roosevelt Room of the White House in Washington. President Biden and Vice President Harris held a briefing to discuss the incident and express support for Donald Trump. LONDON — European stocks are expected to open higher as global markets react to the news that U.S. President Joe Biden had dropped out of the U.S. presidential race. The U.K.'s FTSE index is seen opening 24 points higher at 8,163, Germany's DAX up 9 points at 18,166, France's CAC 40 up 18 points at 7,538 and Italy's FTSE MIB 21 points higher at 34,338, according to data from IG. Global traders are watching the U.S. political landscape closely after Biden dropped out of the presidential race on Sunday and endorsed Vice President Kamala Harris as the Democratic nominee.

Persons: Joe Biden, Roosevelt, Biden, Harris, Donald Trump, Germany's DAX, Kamala Harris Organizations: White, LONDON, U.S, CAC, IG, Global, Democratic Locations: Washington

Gavin Newsom of California, had previously said he would not challenge Ms. Harris. He often rambles incoherently in interviews and at campaign rallies and has confused names, dates and facts just as Mr. Biden has. Mr. Biden consistently maintained that his experience was an advantage, enabling him to pass landmark legislation and manage foreign policy crises. He maintained that he was the Democrat best equipped to defeat Mr. Trump given that he did so in 2020. On the international front, Mr. Biden revitalized international alliances that frayed under Mr. Trump, rallying much of the world to stand against Russia’s unprovoked invasion of Ukraine.

Persons: Biden, Kamala Harris, Donald J, Trump, ”, Mr, Ms, Harris, “, it’s, I’ve, Kamala, —, Gretchen Whitmer, Gavin Newsom, pollsters, Franklin, Lyndon, Ketanji Brown Jackson, Israel, Benjamin Netanyahu, Biden’s, James K, Polk, James Buchanan, Rutherford B, Hayes, Lyndon Johnson, John F Organizations: Sunday, Trump, Democratic, Democratic Party, Gov, Mr, Democratic National Convention, Senate, Democrat, White, Roosevelt’s, Society, Supreme, Republican, Republicans, Hamas Locations: Michigan, California, Chicago, Europe, County, Delaware, Ukraine, Israel, Gaza, Rafah, Afghanistan, Kabul, U.S, Vietnam

☆ Donald Trump says he wouldn’t fire Fed Chair Jerome Powell. Don’t hold your breath
▼ + stars: | 2024-07-17 | by ( Bryan Mena | ) edition.cnn.com time to read: +3 min

Washington CNN —Republican presidential nominee Donald Trump would not fire Federal Reserve Chair Jerome Powell if the former president wins the election in November, according to a Bloomberg interview published Tuesday. Powell, a registered Republican, was first tapped to helm the central bank by Trump in 2017. That still wouldn’t stop Trump from pushing to oust Powell before the Fed head’s term concludes in 2026. “He sued for reinstatement and even though he died while the litigation was pending, the Supreme Court still took up his case. It answers to Congress, not the US president, according to the law that established the central bank.

Persons: Donald Trump, Jerome Powell, he’d, Powell, Trump, “, he’s, reappoint Powell, Powell isn’t, William Humphrey, Franklin Roosevelt, ” Organizations: Washington CNN, Republican, Bloomberg, Trump, Fed, Democratic, House, Federal Trade Commission, Brookings Institution, Fed’s, Governors

☆ Live Election Updates: G.O.P. Convention to Open as F.B.I. Hunts for Would-Be Assassin’s Motive
▼ + stars: | 2024-07-15 | by ( Jonathan Weisman | ) www.nytimes.com time to read: +9 min

There is no place in America for this kind of violence — for any violence ever, period. “I’m sincerely grateful that he’s doing well and recovering,” Mr. Biden said. And the White House said that Mr. Biden would keep his campaign events in Las Vegas. Mr. Biden will speak at an NAACP conference on Tuesday and a UnidosUS conference on Wednesday, even as Mr. Trump and his party hold the Republican convention in Milwaukee. In both sets of remarks on Sunday, Mr. Biden made a plea that — if recent history is any guide — seemed unlikely to be heeded by activists on either side of the nation’s increasingly bitter divide.

Persons: Biden’s, Donald J, Trump, Let’s, Biden, ”, “, —, Rutherford B, Hayes, Lester Holt, Trump’s, “ I’m, he’s, ” Mr, “ Jill, That’s, Kamala Harris, General Merrick B, Garland, Mr, Lyndon Baines Johnson, Harris, Holt, Nicholas Nehamas Organizations: Republican National Convention, Resolute, Republicans, Trump, Democratic, NBC, Democratic National Committee, Mr, Service, Republican, White, NAACP Locations: American, America, United States of America, Milwaukee, Butler County, Pa, Austin , Texas, Palm Beach County, Fla, Austin, Las Vegas

☆ Wendy's CEO got ripped for pushing dynamic pricing. It could be coming to a store near you.
▼ + stars: | 2024-07-15 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +8 min

With digital price tags, big retailers, in theory, could do the same. Federal Reserve Chair Jerome Powell has said that type of dynamic pricing is "incredibly important in our economy." AdvertisementSome experts agree, saying dynamic pricing practices could benefit consumers who are able to gain some understanding of the system and shop around. After customers complained online that those changes would surge prices, a spokesperson announced the company did not intend to implement surge pricing. How does dynamic pricing impact you?

Persons: There's, Uber, it's, Greg Cathey, Elizabeth Pancotti, Pancotti, Jerome Powell, Powell, John Zhang, Wendy's, Sen, Sherrod Brown, Zhang, — Organizations: Service, Walmart, Business, Roosevelt Institute, Federal, Wharton School, University of Pennsylvania, Democratic, SNAP

☆ What two assassination attempts in two violent elections in the 1870s warn about today
▼ + stars: | 2024-07-15 | by ( Dana Bash | ) edition.cnn.com time to read: +6 min

The Civil War was over, and Black men were legally allowed to vote and helped Republicans win in 1870. Two years later, Louisiana Democrats were determined to take back the state by preventing Black men from voting through intimidation and voter suppression. On Easter Sunday morning, White supremacists stormed the building and went on a killing spree, brutally murdering some 150 Black men. Another disputed election, more political violenceAs for the gubernatorial election dispute in 1872, it happened again in 1876. And while violence should never be the answer, it has occurred more than any of us would want to admit.

Persons: William Pitt Kellogg, Charles R, Railey, “, scoundrel, ” Railey, Kellogg, David Fisher, Donald Trump, Abraham Lincoln, James A, Garfield, William McKinley, John F, Kennedy, Theodore Roosevelt, Harry S, Truman, Ronald Reagan, Gerald Ford, John D, McEnery, McEnery’s, ”, wasn’t, White supremacists, Stephen Packard, Francis T, Nicholls, Packard, Ulysses S, Grant, William Weldon, Frank Hudson, Weldon, ” Packard, Jim Crow Organizations: CNN, Louisiana Gov, American, Republican, Black, Republicans, Louisiana Democrats, Blacks, The White League, Philadelphia Press Locations: Louisiana, New Orleans, Colfax, Grant Parish , Louisiana, Washington

☆ This Street Was Clogged With Traffic. Now It Belongs to Ping-Pong.
▼ + stars: | 2024-07-15 | by ( Dodai Stewart | ) www.nytimes.com time to read: 1 min

This is Street Wars, a weekly series on the battle for space on New York’s streets and sidewalks. Jackson Heights, Queens, has been called “the most culturally diverse neighborhood in New York, if not on the planet.” It is also a neighborhood with the some of the least green space in New York. On Roosevelt Avenue, the elevated subway line rattles above a steady stream of car traffic. Storefronts and pushcarts on the narrow, bustling sidewalks offer all kinds of food — Thai, Chinese, Mexican, Himalayan, Indian, Colombian, Guatemalan, Ecuadorean, Peruvian and more — but it’s tough to find any calm. Yet just three blocks north, running parallel to Roosevelt, is 34th Avenue, where a stretch of 26 blocks, running east to west, has been closed to cars from 7 a.m. to 8 p.m. every day since 2020.

Organizations: Colombian, Ecuadorean Locations: Jackson Heights , Queens, New York, Roosevelt

☆ Elon Musk endorses Donald Trump shortly after ex-president injured by shots fired at rally
▼ + stars: | 2024-07-13 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +2 min

Elon Musk, chief executive officer of SpaceX and Tesla and owner of X, speaks at the Milken Conference 2024 in Beverly Hills, California, May 6, 2024. Elon Musk posted on X that he "fully" endorses Donald Trump moments after the former president and presumptive Republican nominee was rushed off stage by secret service members following gunshots at a rally in Pennsylvania on Saturday. "I fully endorse President Trump and hope for his rapid recovery," Musk wrote on X, which he owns. Musk also compared Trump to Theodore Roosevelt, who survived an assassination attempt while campaigning for president in 1912. Musk also said at that event that Trump "does call me out of the blue for no reason."

Persons: Elon Musk, Donald Trump, Trump, Musk, Theodore Roosevelt, Joe Biden's Organizations: SpaceX, Tesla, Republican, Trump, NBC, Bloomberg, PAC, America PAC, Forbes Locations: Beverly Hills , California, Pennsylvania, Butler County, Lago, Palm Beach

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