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Climate control activists are led away by the NYPD after being detained outside the global headquarters of Citigroup in New York City, U.S., June 28, 2024. REUTERS/Kent J. Edwards Purchase Licensing Rights New Tab , opens new tabItem 1 of 6 Climate control activists are led away by the NYPD after being detained outside the global headquarters of Citigroup in New York City, U.S., June 28, 2024. REUTERS/Kent J. EdwardsCompanies Company Citigroup Inc FollowJune 28 (Reuters) - Dozens of climate activists were arrested after protesting at Citigroup's (C.N) New Tab , opens new tab headquarters in New York on Friday as part of what they called a "Summer of Heat" campaign. The activists expected more than 1,000 people to participate in the demonstration, according to a statement ahead of the protest. New Tab , opens new tabSave Share XFacebookLinkedinEmailLink Purchase Licensing Rights

Persons: Kent J, Roishetta Ozane, Burns, summonses, Makailah Gause, Jacqueline Wong, Lananh Nguyen, Leslie Adler Organizations: NYPD, Citigroup, REUTERS, Edwards Companies Company Citigroup, Police, New York City Police Department, Citi, Reuters, Thomson Locations: New York City, U.S, New York, Manhattan, Citi's, New

☆ Iranians vote for a new president under the shadow of conflict and economic woes
▼ + stars: | 2024-06-28 | by ( Joseph Ataman | Frederik Pleitgen | ) edition.cnn.com time to read: +12 min

The vote takes place amid deteriorating relations with the West, an advancing Iranian nuclear program, and an increasing risk of direct war with Israel. Iranian presidential candidate Mohammad Bagher Ghalibaf’s supporters gathered on the final day of campaigning to hear him speak, in Tehran, Iran on Thursday. Some polls have shown increasing popularity for Pezeshkian, with the rest of the conservatives splitting the vote. Khamenei urged Iranians to head to the polls and vote after he cast his ballot in the election on Friday morning. Saeed Jalili, ultraconservative former nuclear negotiator and Iranian presidential candidate, holds a rally in Tehran, Iran, on June 24.

Persons: Ebrahim Raisi, Hossein Amir, Ali Khamenei, Mahsa, Mohammad Bagher Ghalibaf’s, Joseph Ataman, Masoud Pezeshkian, Saeed Jalili, Mohammad Bagher Ghalibaf, Khamenei, Amini’s, Pezeshkian, Iran’s, Amirhossein Qazizadeh, Hashemi, Alireza Zakani, Qazizadeh, who’ve, ”, Arash Azizi, Saddam Hussein, Masoud, Morteza, “, Sina Toossi, Narges Mohammadi, ” Ahmad, Ghalibaf, ” Ghalibaf, ” Mariam, Raisi, ” Cheers, ” Mohammad, ” Parsi, Javad Zarif, Zarif, ” Khamenei, Trump, Biden Organizations: Iran CNN —, Foreign, Iran’s, West, CNN, Iran’s Guardian Council, Center for Middle East, Global, Quincy Institute, Experts, Islamic, Center for International Policy, Trump, Pezeshkian, Getty, Washington Locations: Tehran, Iran, Israel, Gaza, Lebanon, Islamic Republic, Iranian, Berlin, Iraq, Washington, Washington ,, Shiroudi, ”

☆ Live Updates: Supreme Court Overrules Chevron Doctrine, Imperiling an Array of Federal Rules
▼ + stars: | 2024-06-28 | by ( Adam Liptak | ) www.nytimes.com time to read: +12 min

But that gave too much power to unelected government officials, according to conservatives, who ran a coordinated, multiyear campaign to end the Chevron doctrine. The Environmental Protection AgencyEnvironmentalists fear that the end of the Chevron doctrine will mean the elimination of hundreds of E.P.A. “I would expect the industry to attack the F.D.A.’s authority to do premarket review at all,” said Desmond Jenson, deputy director of the commercial tobacco control program at the Public Health Law Center. Others noted the Chevron decision could have a chilling effect, compelling the F.D.A. “The Supreme Court has not relied on Chevron in quite a few years,” she said.

Persons: ”, Lisa Heinzerling, Donald J, Trump, Mandy Gunasekara, President Trump, Jonathan Berry, doesn’t, ” Rather, Berry, ” Mr, Chevron, Biden, Garden, “, Desmond Jenson, Nicholas Bagley, Rachel Sachs, Louis, Abbe R, Gluck, Ms Organizations: Georgetown University, “, Congress, Labor, Act, Republican, Trump, Chevron, Labor Department, Mr, Environmental Protection Agency, Biden, University of Minnesota, The National Labor Relations Board, Food, Drug Administration, Public Health Law Center, Health, Affordable Care, University of Michigan, Washington University School of Law, Department of Health, Human Services, Centers, Medicare, Services, Yale Law School, Treasury, Internal Revenue, Treasury Department, Internal Revenue Service Locations: Chevron, St

The debate between Donald J. Trump and President Biden had analysts in Asia fretting. During Thursday night’s debate, President Biden told former President Donald J. Trump that the United States is the “envy of the world.”After watching their performance, many of America’s friends might beg to differ. In Europe and Asia, the back-and-forth between the blustering Mr. Trump and the faltering Mr. Biden set analysts fretting — and not just about who might win the election in November. Image Mr. Biden leaving the debate stage. Kasit Piromya, Thailand’s foreign minister from 2008 to 2011 and a former ambassador to the United States, lamented the state of American politics.

Persons: Donald J, Trump, Biden, ”, fretting —, ” Simon Canning, ” Sergey Radchenko, Vladimir Putin, Xi Jinping, “, Putin, “ I’ve, Mr, Kenny Holston, François Heisbourg, Trump’s, “ I’m, Heisbourg, Radoslaw Sikorski, Marcus Aurelius, Commodus, Sikorski, Joe Biden’s, Donald Trump, Joe Biden, Daniela Schwarzer, Bogdan Butkevych, “ Trump, Chan Heng Chee, Ms, Chan, Lee Byong, ’ ”, Koichi Nakano, Haiyun Jiang, Narendra Modi, Tara Kartha, —, Shen Dingli, don’t, Kasit, Damien Cave, Lee Wee, Choe Sang, Vivian Wang, Camille Elemia, Mujib Mashal, Ségolène Le Stradic, Marc Santora Organizations: Johns Hopkins School, International Studies, —, Mr, Russia, New York Times, Trump, Bertelsmann Foundation, Washington , D.C, Credit, Kremlin, Kyiv Independent, Biden unnerves, Institute for Far Eastern, Kyungnam University, Sophia University, The New York Times, Washington, National Security Council of, ”, Weibo Locations: Asia, Australian, United States, Europe, Australia, Washington, Russia, China, North Korea, Ukraine, Lebanon, Iran, Israel, Japan, South Korea, Gaza, Jerusalem, France, Washington ,, American, Ukrainian, North, Seoul, “, United, Tokyo, The New York Times India, National Security Council of India, New Delhi, Beijing, India, Communist, Shanghai, U.S, Southeast Asia

☆ Reopen N.Y.C. Libraries on Sundays? Yes. Free 3-K for All? Not Quite.
▼ + stars: | 2024-06-28 | by ( Emma G. Fitzsimmons | Jeffery C. Mays | ) www.nytimes.com time to read: +1 min

But other key programs were not made whole, including a popular and free preschool program for 3-year-olds. This budget is particularly significant for Mr. Adams, a Democrat who is running for re-election in a competitive primary next June. Mr. Adams has insisted that major budget cuts were necessary to help offset the costs of the migrant crisis, new union contracts for city workers and the ending of federal pandemic aid. The mayor and the City Council speaker, Adrienne Adams, adopted a celebratory tone at the announcement at City Hall, smiling and holding a model airplane to show that they had “landed the plane” as promised. Mr. Adams said they had found comity to fund important programs as the city faces major financial challenges.

Persons: Eric Adams, Adams, Adrienne Adams Organizations: City Council, New York, Democrat, Mr, City Hall Locations: New York City

☆ Supreme Court rejects bid by former Trump aide Steve Bannon to avoid jail in contempt case
▼ + stars: | 2024-06-28 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

The Supreme Court on Friday rejected the final effort by former top Trump White House aide Steve Bannon to avoid reporting to jail next week for defying a subpoena from the House committee investigating the Jan. 6, 2021, Capitol riot. Bannon, 70, must begin his four-month jail term on Monday. The onetime top advisor to then-President Donald Trump had asked the Supreme Court on June 21 to pause his prison surrender date pending his efforts to appeal his sentence. An attorney for Bannon did not immediately respond to CNBC's request for comment on the court's order Friday afternoon. Bannon was convicted on two counts of contempt of Congress in federal court in Washington, D.C., in July 2022.

Persons: Stephen Bannon, Steve Bannon, Bannon, Donald Trump Organizations: White House, Trump White House, Capitol, Chief, Washington , D.C Locations: Washington , U.S, Washington ,

☆ Step into the daily lives of Canyon Coffee's cofounders. Here's how they balance business, family, and finances.
▼ + stars: | 2024-06-28 | by ( Sponsor Post | Sponsored Apple Card | ) www.businessinsider.com time to read: +10 min

4 You can choose to direct Daily Cash to a Savings account or to an Apple Cash card. By opening a Savings account, Apple Card Owners and Co-Owners are affirmatively electing to have all future Daily Cash automatically deposited into their respective Savings account. Daily Cash may not be divided between Apple Cash Card and Savings accounts. To access and use all Apple Card features and products available only to Apple Card users, you must add Apple Card to Wallet on an iPhone or iPad that supports and has the latest version of iOS or iPadOS. If you reside in the U.S. territories, please call Goldman Sachs at 877-255-5923 with questions about Apple Card.

Persons: Wojtalewicz, Ally Walsh, Casey, Ally, Casey Wojtalewicz, she'll, they're, Daily Cash, Cash, Goldman Sachs Organizations: Apple, Apple Card, Coffee, Savings, Daily, Insider Studios, Goldman Sachs Bank, Salt Lake City Branch, FDIC, Green Dot Bank, Branch, Member FDIC, Apple Cash Card, Minor Outlying Locations: Los Angeles, Echo Park, LA, Salt Lake City, Daily, Salt Lake, American Samoa, Guam, Northern Mariana Islands, United States, U.S

☆ The White House Brushed Off Questions About Biden’s Age. Then the Debate Happened.
▼ + stars: | 2024-06-28 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

Ever since President Biden announced last year that he would run again, those in his inner circle closed ranks and brushed off the obvious question: No, they insisted, he was not too old to seek re-election. Republicans were posting wildly distorted video clips on social media making him look more feeble than he actually is. Hand-wringing Democrats fretting over the prospect of an octogenarian president turning 86 by the end of a second term were just “bed-wetters.”Then the debate happened. And now the days of denial at the White House are over. Struggling to contain a brush fire of alarm within the Democratic Party, his team is now forced to confront the issue head on.

Persons: Biden, Donald J, Barack Obama, James E Organizations: fretting, Trump, Democratic Party, Biden, Democratic Locations: Raleigh, N.C, Atlanta, South Carolina

And they were everywhere, although, naturally, New York City was a magnet, as it has always been for L.G.B.T.Q.+ people looking for a place in which they can be themselves. New York City was where you lost your soul, and we wanted to be closer to the earth. I wore an eight-and-a-half-foot-tall Statue of Liberty costume to the Easter Parade in New York City, and Kirsten came along with me. By the time I turned 30, I’d been telling people I was older for years, because I’m not the type to bemoan the loss of my youth. Going to New York felt like this moment of emerging to a wider audience, and then I started to travel a lot.

Persons: André De Shields, Lady Bunny, Michael R, Jackson, Juliana Huxtable, Wong, J.D, Samson, Pat Oleszko, it’s, —, John Rechy, ”, Danez Smith, Trump, he’d, “, Jenna Lyons, Avram Finkelstein, Joe Mantello, …, Catherine Opie, you’re, Willie Norris, “ I’d, It’s, you’ve, ” — Mark Harris Read, De Shields, Justin French, Chuck Ashley, Anthony Cotsifas, William F, Robert O’Hara’s, Hermes, — Max Berlinger Jenna Lyons, Antonio Lopez, Jenna Lyons’s, Grace Jones ”, Juan Ramos, Antonio Lopez’s, Grace Jones, Tina Chow, Marisa Berenson, Pam Anderson, That’s, — Jason Chen Jayne County, Jayne County, Gus Stewart, Billy Idol, Wayne County, — M.B, Bill T, Jones, Arnie, Arnie Zane, Zane, Keith Haring, Lois Greenfield, Jack Mitchell, Peggy Jarrell Kaplan, Gertrude Stein, Alice B, we’d, Bill, Arnie ”, I’m, — Juan, Norris, Yael Malka, Tomas Abad, West, Black, I’d, — Colleen Hamilton B.D, New York’s Eugene, . Wong, David Henry Hwang’s, Richie, wasn’t, Wayne Barker, — John Wogan Edmund White, Edmund White, Horatio, Leonard Fink’s “, Barbara Confino, Leonard Fink, Joseph Rodriguez, Bleecker, You’d, Gosh, Michael Snyder Pat Oleszko, Chichi, Kirsten, who’d, she’d, — C.H, Brian Michael Smith, Gay, Smith, Kiki Ball, Josue Infante, Skyler Cruz, Jamison, — J.A.R, Agnes Denes’s “, Don Yowell, Finkelstein, Agnes Denes, Leslie Tonkonow, Don, Agnes Denes’s, JD Samson, Sia, Mark Hunter, Anthony Cotsifas I’d, Johanna Fateman, Tigre, Michael O’Neill, Obama, might’ve, — Kate Guadagnino Kristen Kish, Kish, Suzanne Kreiter, David Moir, Bravo, isn’t, — J.W, Stephen Spinella, Mantello, Joan Marcus, Photofest, Tony Kushner’s, Louis Ironson, Milton Glaser, he’s, David, Marshall Grant, Joe Pitt, Walter, Awards, Stephen, ” —, Freedia, Devon Hurst, Sissy Nobby, Barack Obama’s, Lyle Ashton Harris, Big, Bounce, ” — M.B, Thom Browne, Browne, Los Angeles’s Chateau Marmont, Malcolm Venville, Paul Fortune, Michèle Lamy —, — J.C, Catherine Opie’s “, Opie, Ian, Lehmann Maupin, Eileen Myles, Jenny Shimizu, I’ve, Nicole Acheampong Danez Smith, Juan Cordero, ” Womp, They’d, hookups, Who’s, We’ve, You’re, J.A.R, Linda Simpson, India, Little Louie Vega, who’s, — K.G, Alexander Chee, Alexander Chee’s, Marguerite Duras’s “, Jeongneung, King Jungjong, Eric McNatt, Chris Chee, — M.S, Sam Jay, Jay, Jonah, Kumail ”, hadn’t, K.G, Phillip Lim, Lim, Tourmaline, Sylvia Rivera, Luce Capco Lincoln, York’s, We’d, Marsha P, John Cameron Mitchell, Larry Kramer, Mitchell’s, Mitchell, Martha Swope, Billy Rose, Mark Tusk, ” Kramer’s, Larry, Ned Weeks, Ned, “ Hedwig, J.W, Joerg Lohse, Reena, there’s, Matt Bomer, Bomer, Simon Halls, Neal Caffrey, Tony Kushner, Terrence McNally —, — I’d, Hollywood, Wu Tsang, Neil Rasmus, Wildness, ’, Wildness ”, Roxane Gay, Mueller, Brandon Williams, Donna Gottschalk, Donna Gottschalk’s “, Duchess, Galerie Marcelle Alix, goddamn, Coco Romack Michael R, Aaron Kinney, Nova, “ I’m, Bob Damron’s, Sgt, Shirley, Waldorf, Harold’s, Jean ] Genet, Marcel, Proust Organizations: Pride, Stonewall, West, America’s, ACT UP, San, Playwrights Horizons, Odeon, New York’s TriBeCa, Electric, Getty, Police, Billy, New York Live Arts, Keith Haring Foundation, BAM Hamm, Liberation, Brooklyn Liberation, Brooklyn Museum, Fort, New York’s, New York’s Eugene O’Neill Theatre, Broadway, Equity, LGBT Community Center, Fulbright, Mudd, New, Bisexual, Transgender Community, Center, Transgender Community Center, “, Maxwell, Museum School, Farmers, Seattle, Boston Globe, Travel, New York Times, Rancho Mirage, Gay, Caesar’s, FEMA, Yale, York’s Webster Hall, Masters, Records, Pyramid, Work, ACT, Carpenters, Seymour, Edinburgh, Atlanta —, Ninja, Huntington, New York, Lesbian, Equal, Billy Rose Theatre Division, The New York Public Library, The New York Times, USA, Children’s Hospital of Los, MoMA, Whitney Biennial, University of Nebraska, Alamy, HarperCollins, of Engineering, Google, Division, Astor, Tilden Foundations, Pershing, University of Southern, Pershing Square Locations: New York, Berlin, “, America, San Francisco, Baltimore, New York’s, New York City, California, Atlanta, Europe, Wayne County, Dortmund, Germany, London, Amsterdam, Rotterdam, Rockland County, N.Y, ’, I’m, Brooklyn, West Dakota, Fort Greene, New, Leonard Fink’s “ Bars, Street, Rome, —, Aspen, Colo, Copenhagen, Danish, Peru, Los Angeles, Agnes Denes’s “ Wheatfield, Downtown Manhattan, North Moore, TriBeCa, Hoboken, N.J, Lower Manhattan, Manhattan, Boston, Williamsburg , Brooklyn, Vinnie’s, Bedford, Austin , Texas, Copley, Menton, Asian American, York, New Orleans, Houston, Los Angeles’s, L.A, Hong Kong, Seoul, Casa, Koreatown, Minneapolis, Grindr, East, India, Wigstock, Tompkins, Vershire, Chee, Iowa, Huntington Beach, Chelsea, Barneys, Madison, Miami, New York State, Washington, The, LA, Silver Lake, Missouri, Children’s Hospital of Los Angeles, Zurich, Central, American, Westlake, Los Angeles and New York, Lincoln, Alphabet City , New York, Lenox, United States, University of Southern California, Downtown Los Angeles

“I swear our stomachs are decaying,” said Eman Abu Jaljum, 23, whose family in northern Gaza has been surviving off canned peas and beans. “We are living in a famine that is more extreme than ever before,” Ms. Abu Jaljum said. Credit... Omar Al-Qattaa/Agence France-Presse — Getty ImagesOne of his daughters, Mr. al-Sapti said, asked for eggs, but there were none to be found. In the north, bread has become more available as some bakeries in Gaza City reopen their doors, said Mr. al-Sapti. But Mr. al-Sapti worries that the bakeries may soon run out of fuel.

Persons: “, ”, Abu Jaljum, Ms, Omar Al, Sapti, ‘, Jana Ayad, Mohammed Salem, Khan Younis, Hammad, Mr Organizations: Hamas, Agence France, Integrated, International Medical Corps, Reuters Locations: Gaza, Israel, Gaza City, Jabaliya, Somalia, South Sudan, Deir al Balah

☆ Khvicha Kvaratskhelia relishes ‘best day’ in Georgians’ lives after Euro 2024 upset – and gets prize of Ronaldo shirt
▼ + stars: | 2024-06-27 | by ( Ben Church | ) edition.cnn.com time to read: +4 min

“This is the best day in the lives of Georgians,” Kvaratskhelia told reporters after the game, per Reuters. But I think this is why we’re a strong team.”Cristiano Ronaldo shakes hands with Khvicha Kvaratskhelia as he was substituted off in the second half. Ronaldo encouragementVideos on social media showed the team’s excitement in the locker room, with Kvaratskhelia wearing Ronaldo’s shirt. Five-time Ballon d’Or winner Ronaldo had been frustrated for much of the match but had given his shirt to an emotional Kvaratskhelia following the defeat. The Napoli forward also spoke to his childhood hero before the match and said Ronaldo had wished him luck.

Persons: CNN —, Cristiano Ronaldo, Georges Mikautadze, ” Kvaratskhelia, ” Cristiano Ronaldo, Khvicha Kvaratskhelia, Kevin C, Cox, David Webb, “, Willy Sagnol’s, Webb, ” Webb, Ronaldo, Ballon d’Or, Kvaratskhelia, ”, “ We’ve Organizations: CNN, Crusaders, Portugal, Reuters, CNN Sport, – Wales, Napoli, Georgian Locations: Georgia, Kvaratskhelia, Gelsenkirchen ., Tbilisi, Portugal, Wales, Iceland, Spain

☆ Presidential debate live updates: Biden faces Trump in Atlanta
▼ + stars: | 2024-06-27 | by ( Dan Mangan Kevin Breuninger Christina Wilkie Brian Schwartz Rebecca Picciotto Josephine Rozzelle | Dan Mangan | Kevin Breuninger | ) www.cnbc.com time to read: 1 min

President Joe Biden and former President Donald Trump are squaring off in their first debate of the 2024 White House race in Atlanta on Thursday night. NBC News Now will stream CNN's Presidential Debate live. The 90-minute debate comes as Trump faces two pending criminal prosecutions over the Republican's efforts to overturn his defeat as president in the 2020 election to the Democrat Biden. There will be no studio audience for the debate, and each candidate's microphone will be muted when it is their opponent's turn to speak. CNBC's team of politics and economics reporters will be covering the candidates, the lead-up and the debate live from Washington, D.C.; CNBC Global Headquarters in Englewood Cliffs, New Jersey; and New York City.

Persons: Joe Biden, Donald Trump, Democrat Biden, Jake Tapper, Dana Bash Organizations: White, NBC, Trump, Democrat, CNN, Washington , D.C, CNBC Global Headquarters, New Locations: Atlanta, Washington ,, Englewood Cliffs , New Jersey, New York City

☆ Inside the New Job Stress Test Used From the NFL to the C-Suite
▼ + stars: | 2024-06-27 | by ( Scott Nover | ) www.businessinsider.com time to read: +14 min

In fact, I outperformed nearly all draft prospects in certain categories of this test, floundering on only one. Related storiesFor many years, the standard-bearer for evaluating the brains of NFL athletes was the Wonderlic, a short IQ test with a series of increasingly difficult questions. Stroud, then favored to be the first player selected in the NFL draft, over the Alabama quarterback Bryce Young. But then Stroud, the alleged dolt, went on to have one of the best rookie campaigns of any NFL quarterback, while Young struggled all year. Unfazed by the controversy over Stroud, S2 has begun selling its tests to other sectors.

Persons: Pong, Jack Marucci, Marucci, we've, Brandon Ally, Scott Wylie, Ally, Wylie, Patrick Mahomes, Lamar Jackson, John Michel, C.J ., Bryce Young, Young, Stroud, Stroud's, Aaron Rodgers, That's, Myers, Briggs, Goldman Sachs, Alberto Miranda, that's, Michel, Scott Nover Organizations: National Football League, SEC, Louisiana State University, NFL, Loyola University Maryland, Ohio State, Alabama, Athletic, Jets, Athletic Intelligence, intuit, Boeing, Meta, BI Locations: Tennessee, Nashville, C.J . Stroud, Stroud, Columbus , Ohio

☆ The story in Simone Biles’ new floor routine: The ‘big boss of gymnastics’ is back
▼ + stars: | 2024-06-27 | by ( Tess Demeyer | ) www.nytimes.com time to read: +8 min

Gymnastics Championships are quiet, already anticipating the next big moment, when Simone Biles raises her right fist above her head and knocks downward three times against an invisible barrier. Amid the high-difficulty skills packed into her floor routine, the knocking movement is easy to overlook. No one loved Simone Biles’ floor exercise more than her family. For about 12 seconds, Biles’ routine turns into an expressive dance fit for a stage. Simone Biles performs her floor exercise during the U.S.

Persons: “ C’mon, Simone, ”, Simone Biles, Grégory Milan, “, ” Milan, Biles, “ I’m, I’m, …, Milan, Taylor Swift, Travis Scott, Beyoncé, Alvin Ailey, Ailey, I’ve, Elsa, Getty, she’s, Laurent Landi, ’, That’s, It’s, Daniel Goldfarb, Tim Clayton, Corbis Organizations: Paris Games, U.S, Gymnastics, Tokyo Games, Games, Paris, NBC Sports, Alvin Ailey American Dance Locations: Texas, Paris, French, Minneapolis, Rio, Vincennes, France, ’ Texas, Fort Worth , Texas, American

Talking pointsAll eyes will be on CNN at 9 p.m. Eastern, when President Biden and Donald Trump face off in their first debate since 2020. Among the keenest watchers will be executives and investors looking for signs about how the candidates might handle the economy and business in a second term. There will be plenty to scrutinize in the 90-minute, audience-free debate, including what the candidates say and how they say it. What will Biden and Trump say about some of the key issues? In Thursday night’s debate, “markets probably care more about presentation than policy pledges,” Paul Donovan, an economist at UBS, wrote in a client note.

Persons: Biden, Donald Trump, Trump, ” David Bahnsen, DealBook, ” Paul Donovan, Elon Musk, There’s, J.D, Vance of, Doug Burgum, Marco Rubio Organizations: CNN, Bahnsen, UBS, Biden, Trump, Times, Gov Locations: Atlanta, Vance of Ohio, North Dakota, Marco Rubio of Florida

☆ JPMorgan Chase says its stress test losses should be higher than what the Fed disclosed
▼ + stars: | 2024-06-27 | by ( Hugh Son | ) www.cnbc.com time to read: +2 min

The bank took the unusual step of issuing a press release minutes before midnight ET to disclose its response to the Fed's findings. JPMorgan said that the Fed's projections for a measure called "other comprehensive income" — which represents revenues, expenses and losses that are excluded from net income — "appears to be too large." Under the Fed's table of projected revenue, income and losses though 2026, JPMorgan was assigned $13 billion in OCI, more than any of the 31 lenders in this year's test. It also estimated that the bank would face roughly $107 billion in loan, investment and trading losses in that scenario. "Should the Firm's analysis be correct, the resulting stress losses would be modestly higher than those disclosed by the Federal Reserve," the bank said.

Persons: Jamie, JPMorgan Chase, Banks Organizations: JPMorgan Chase, U.S . Senate Banking, Housing, Urban Affairs, Wall, Capitol, Washington , D.C, JPMorgan, Federal Reserve, Bank of America, Citigroup Locations: Washington ,, OCI

"The stock price has lagged but we don't see any other catalysts medium term, hence we are moving to the sidelines." Micron shares were down 5% in the premarket. The analyst reiterated a buy rating on Micron stock with a $175 per share price target, implying nearly 23% upside from Wednesday's $142.36 close. He raised his price target to $158 per share price from $138, calling for 11% upside. Arya maintained a buy rating on Micron stock with a $170 per share price target, or about 19% upside moving forward.

Persons: Vivek Juneja, — Brian Evans, TD Cowen, Cowen, John Blackledge, Keefe, David Konrad, Brian Evans, Christopher Danely, Goldman Sachs, Toshiya Hari, Hari, Vivek Arya, Arya, Caio Ribeiro, Ribeiro, Fred Imbert Organizations: CNBC, Micron Technology, Bank of America, Petrobras, JPMorgan downgrades U.S, Bancorp, JPMorgan, U.S . Bancorp, New York Mellon, Bank of New, Bank of New York Mellon, BK, Mellon, Micron, MU, Citi Locations: Brazil, U.S, Bank of New York, CY2025

☆ Zaccharie Risacher: Who is the No. 1 overall pick in the 2024 NBA Draft?
▼ + stars: | 2024-06-27 | by ( Ben Morse | ) edition.cnn.com time to read: +4 min

Risacher was selected by the Atlanta Hawks with the first overall pick in the 2024 NBA Draft on Wednesday, making history in the process. The selection of the 19-year-old small forward means that for the first time in modern NBA Draft history, the No. His father, Stéphane, was part of the French team which won the silver medal in the men’s basketball competition at the 2000 Olympics Games in Sydney. 1 overall pick was but a dream for Atlanta by the end of last season as the team only had a 3% chance of landing the top pick in the lottery. He’s a versatile defender, a really good shooter and a high-IQ type player,” Hawks general manager Landry Fields said about the Risacher pick.

Persons: Victor Wembanyama, Risacher, Stéphane, Wembanyama, ” C’est, Bo u, ince, Johns, y McKie, sid e, Kell, ike, ady to do Organizations: CNN, Atlanta Hawks, ASVEL, Atlanta, Wembanyama, San Antonio Spurs Locations: Spain, France, Georgia, Málaga, Lyon, Sydney

☆ New Covid Shots Recommended for Americans 6 Months and Older This Fall
▼ + stars: | 2024-06-27 | by ( Apoorva Mandavilli | ) www.nytimes.com time to read: 1 min

All Americans ages 6 months and older should receive one of the new Covid-19 vaccines when they become available this fall, scientific advisers to the Centers for Disease Control and Prevention said on Thursday. The recommendation comes as the nation faces a summer wave of Covid, with the number of infections rising in at least 39 states and territories. Most Americans have acquired layers of immunity against the coronavirus from repeat infections or vaccine doses, or both. The vaccines now offer an incremental boost, remaining effective for only a few months as immunity wanes and the virus continues to evolve. Still, across every age group, a vast majority of Americans who were hospitalized for Covid did not receive one of the shots offered last fall, according to data presented at a meeting of the C.D.C.’s Advisory Committee on Immunization Practices.

Persons: Covid Organizations: Centers for Disease Control

☆ Why soccer players are demanding change to a calendar that has left them ‘at the limit’
▼ + stars: | 2024-06-27 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +10 min

FIFPRO‘An industry-wide issue’European club teams are preparing for a revamped UEFA Champions League – the most prestigious competition in European club soccer – which will see teams play at least an additional two games. Manchester City hoist the Club World Cup trophy in December 2023. Conflict between national teams and clubs over minutes could arise, star players could see the field less and league structures would have to change. Over 40% of World Cup players surveyed by Football Benchmark said that they experienced extreme or increased mental fatigue after the tournament. Instead, it’s the calendar and consultation process that need to change for those in the game.

Persons: England CNN —, “, Maheta Molango, ” Molango, Amr Abdallah Dalsh, ”, Javier Tebas, Molango, Vinícius Júnior, Ballon d’Or, Ronaldinho, Jude Bellingham, Florencia Tan Jun, Wayne Rooney –, –, David Beckham, Takumi Minamino, Simon Brundish, Harry Kane, Kylian Mbappe, Brundish, ” Brundish, Kevin C, Cox, David Terrier, ’ That’s, Richard Masters, you’re, Umberto Calcagno, FIFPRO, Jorge Mas, Lionel Messi, Henry Winter Organizations: England CNN, FIFPRO, ’ Association, PFA, CNN Sport, UEFA, League, FIFA Club, Manchester City, Reuters, La Liga, FIFA, des, Associazione Italiana Calciatori, CNN, Super League, Copa, Champions League, Vinícius, Madrid, Bellingham, Manchester United, Japan, French, AS Monaco, Sports, France, Football Benchmark, Premier League Chief, AIC, Inter Miami Locations: London, England, Wales, U.S, Canada, Mexico, Manchester, Europe, Real Madrid, Brazil, Bellingham, Qatar

☆ Trump’s V.P. Parade Nears Its End, With Vance, Burgum and Rubio in Front
▼ + stars: | 2024-06-27 | by ( Michael C. Bender | ) www.nytimes.com time to read: +1 min

Former President Donald J. Trump’s process of choosing a running mate has entered its final stages in a frenzied and increasingly theatrical fashion as he privately narrows his focus to a set of top contenders. Behind closed doors, Mr. Trump has been primarily interested in Senator J.D. Doug Burgum of North Dakota and Senator Marco Rubio of Florida, according to three people who have spoken to the former president in recent days and insisted on anonymity to discuss private conversations. But Mr. Trump has befuddled some friends and advisers by continuing to solicit opinions on other contenders, including Ben Carson, a retired neurosurgeon and former housing secretary during his administration, and Senator Tim Scott of South Carolina. Meanwhile, a series of cryptic and suggestive messages from Mr. Trump’s campaign that the announcement could come as soon as this week has ignited 72 hours of unbridled conjecture, confusing political observers and Republican allies.

Persons: Donald J, Trump, J.D, Vance of, Doug Burgum, Marco Rubio, Ben Carson, Tim Scott of Organizations: Gov, Republican Locations: Vance of Ohio, North Dakota, Marco Rubio of Florida, Tim Scott of South Carolina

☆ Libraries and Arts Programs Spared From Cuts in N.Y.C. Budget Deal
▼ + stars: | 2024-06-27 | by ( Emma G. Fitzsimmons | Jeffery C. Mays | ) www.nytimes.com time to read: 1 min

A major second wave of cuts to the New York City library system has been averted in an 11th-hour deal announced on Thursday by the City Council and Mayor Eric Adams. The restoration of $58 million in proposed cuts to the city’s three major library systems, part of a broader city budget agreement expected to be announced on Friday, has been one of the main focal points of the City Council speaker, Adrienne Adams. It is expected to allow libraries to reopen on Sundays and remain open on Saturdays. The budget, which is due on Sunday, will also restore $53 million in funding for arts institutions, according to the announcement. The mayor’s office and the City Council are in the final stages of negotiations, and deliberations have been contentious, with the two sides unable to agree on basic revenue estimates.

Persons: Mayor Eric Adams, Adrienne Adams Organizations: New, City Council, Mayor Locations: New York City

Thursday night’s Copa América contest between the U.S. men’s national team and Panama was not lacking for drama. The result puts the U.S.’s Copa América on life support as they prepare to close out the group against Uruguay on Monday in Kansas City. 12′: USMNT goalkeeper Matt Turner knocked to the ground after challenge from Cesar Blackman. Weah will now miss the group finale against Uruguay, and winger is one of the thinnest positions for the USMNT. If he is now to miss the crucial Group C game against Uruguay it will be a major headache for Berhalter.

Persons: Jose Fajardo, Weston McKennie, Tim Ream, Matt Turner, Cesar Blackman, Tim Weah, Roderick Miller ., Blackman, Turner, Ethan Horvath, Gregg Berhalter, Cameron Carter, Vickers lunge, Adalberto Carrasquilla, Christian, Tim Weah’s, Weah, Panama’s Roderick Miller, ” Berhalter, “, Ivan Barton, Eduardo Munoz, Berhalter, Vickers, Gio Reyna, Johnny Cardoso, Tyler Adams, Paul Tenorio Balogun’s, Folarin Balogun, bui, aga, tim, Ric, er Wh, e, onl y Organizations: Copa América, U.S, men’s, CONCACAF, Panama, Uruguay, Lille, Getty Images, AS Monaco, Bolivia, pla Locations: Panama, Kansas City, U.S, Jos

☆ Osgemeos Rocked Brazil. Can the Graffiti Twins Take New York?
▼ + stars: | 2024-06-27 | by ( Jill Langlois | ) www.nytimes.com time to read: +1 min

Just inside the door to the studio of the Brazilian artists Osgemeos is a self-portrait. Spray painted onto the concrete wall of the old metal workshop’s entryway, the image shows the identical twins Otávio and Gustavo Pandolfo, 50, standing next to each other, hands at their sides and looking forward. They’re wearing colorful printed clothing, bags slung over their shoulders and baseball caps propped on their heads. Here, preparations are underway for “Endless Story,” their first museum survey of work in the United States. One of the brothers’ imposing sculptures, wrapped in black plastic so it can be shipped for the exhibition, hangs from chains on the sweeping ceiling and another is tucked away in a corner, a smidgen of what looks like a subway car visible.

Persons: Osgemeos, Otávio, Gustavo Pandolfo Organizations: Smithsonian’s Hirshhorn Museum, Washington , D.C Locations: Brazil, United States, Washington ,

☆ Supreme Court Rejects S.E.C.’s Administrative Tribunals
▼ + stars: | 2024-06-27 | by ( Adam Liptak | More About Adam Liptak | ) www.nytimes.com time to read: +1 min

The Supreme Court on Thursday rejected one of the primary ways the Securities and Exchange Commission enforces laws against securities fraud. The S.E.C.’s practice, Chief Justice John G. Roberts Jr. wrote for a six-justice majority in a decision divided along ideological lines, violated the right to a jury trial. “A defendant facing a fraud suit has the right to be tried by a jury of his peers before a neutral adjudicator,” the chief justice wrote. The case is one of several challenges this term to the power of administrative agencies, long a target of the conservative legal movement. The court last month rejected a challenge to the constitutionality of the way the Consumer Financial Protection Bureau is funded.

Persons: John G, Roberts, “, ”, Chevron Organizations: Securities and Exchange, Consumer Financial

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