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☆ Siemens Energy working through wind turbine quality issues, CFO says
▼ + stars: | 2024-02-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSiemens Energy working through wind turbine quality issues, CFO saysMaria Ferraro, chief financial officer at Siemens Energy, discusses the German renewables company's fiscal first-quarter earnings and efforts to address quality issues at its wind turbine unit.

Persons: Maria Ferraro Organizations: Siemens Energy

☆ Siemens Energy swings to profit on order surge, sale of Indian stake
▼ + stars: | 2024-02-07 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

Siemens Energy swung to profit in its first fiscal quarter on the back of a surge in orders and a one-off gain from selling a stake in its Indian affiliate to parent company Siemens . The German renewables firm reported a 1.58 billion euro ($1.7 billion) net profit, driven by the sale of its 18% stake in India's Siemens Limited for 2.1 billion euros. Siemens Energy posted a 23.9% year-on-year increase in orders to 15.4 billion euros, with a book-to-bill ratio of 2.01, pushing its order backlog to a record high of 118 billion euros. Siemens Energy suffered a tough 2023, as problems with manufacturing faults at Siemens Gamesa forced the parent company to a 4.6 billion euro loss for the fiscal year. "We have just shy of 42 billion in backlog in our Siemens Gamesa business — this is also a record order backlog.

Persons: Siemens Gamesa, Maria Ferraro, Ferraro Organizations: Siemens Energy, Siemens, India's Siemens, Siemens Gamesa, CNBC

☆ Analysis: Maduro’s immigration card could influence America’s election, not just Venezuela’s
▼ + stars: | 2024-02-07 | by ( Rafael Romo | ) edition.cnn.com time to read: +8 min

Let’s get united,” Maduro said. Banning Machado from running for president amounts to a repudiation of the agreement, both the opposition and the United States have claimed. “In response to anti-democratic actions by Maduro representatives, the United States has revoked sanctions relief for Venezuela’s gold sector. Venezuela has recently been cooperating with the United States to reduce illegal immigration by allowing removal flights. It’s also immigration and oil during an election year in the United States.

Persons: Voters don’t, Nicolás Maduro, Joe Biden, Biden, Hugo Chávez, Maduro, ” , Let’s, ” Maduro, María Corina Machado, Machado, Maria Corina Machado, Gaby Oraa, ”, ” Machado, Leopoldo López, Maduro’s, Brian Winter, there’s, “, ” Winter, John Moore, Banning Machado, Matthew Miller, Delcy Rodríguez, “ Maduro, It’s Organizations: CNN, Venezuelan, Voters, Socialist United Party of Venezuela, American, US, Venezuela’s, Justice, National Assembly, Bloomberg, Getty, Americas Quarterly, Immigrants, Border Patrol, Biden, US State Department, Twitter, State Department Locations: Venezuela, United States, Caracas, Madrid, Spain, Rio Grande, Eagle Pass , Texas, Barbados, Maduro, Mexico

☆ The most memorable outfits in the history of the Super Bowl halftime show
▼ + stars: | 2024-02-07 | by ( Mikhaila Friel | Maria Noyen | ) www.businessinsider.com time to read: +1 min

Since Michael Jackson headlined in 1993, style has been a focal point of the Super Bowl halftime show. Take a look back at the best Super Bowl halftime show costumes in history. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Since the 1990s, some of the biggest names in music have performed wild halftime shows, made even more memorable by their outfits and costumes. This story is available exclusively to Business Insider subscribers.

Persons: Michael Jackson, wilder, — Organizations: Super, Service, San Francisco 49ers, Kansas City Chiefs, NFL, Business Locations: Las Vegas

☆ U.S. Mends Fences With El Salvador's Bukele as China Lurks
▼ + stars: | 2024-02-06 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +6 min

Now, more than ever, the U.S. needs Central American nations like El Salvador to curb migration to the southern border. In October, the State Department's top Latin America diplomat, Brian Nichols, visited El Salvador and posed for photos with Bukele. WAITING IN THE WINGSAt the same time, there are growing ties between China and El Salvador. Although of limited commercial importance in itself, El Salvador offers China a foothold in Central America, and in 2017 broke relations with Taiwan in favor of China. "El Salvador wants to do trade with everyone," Bukele said during his victory speech on Sunday night.

Persons: Diego Oré, Sarah Kinosian, Nelson, Nayib Bukele, Jean Manes, Bukele's, Brian Nichols, Antony Blinken, Bukele, Manes, Ana Maria Mendez, Salvadorans, El Salvador, El, Margaret Myers, Diego Ore, Nelson Renteria, Christian Plumb, Rosalba O'Brien Organizations: SALVADOR, Reuters, El Salvador, Central American, U.S, U.S ., Central, State Department's, El, U.S . State Department, Washington Office, U.S . Customs, USAID, The U.S, Inter, Huawei, Washington, Diego Locations: United States, U.S, El Salvador, Latin America, America, China, Honduras, Washington, China's, San Salvador, Central America, Taiwan, Mexico City

☆ Having an old dad had its disadvantages. My father was 50 when I was born, so I missed out on a lot.
▼ + stars: | 2024-02-06 | by ( Maria Reppas | ) www.businessinsider.com time to read: +4 min

I felt like we couldn't connect because of the big age gap between us. He was the same age as my friends' grandparentsOur half-century age gap made me miss out on a lot of things throughout my life. My friends' parents were 20 to 25 years younger than he was. Trying to cheer me up, one of my teachers proudly shared that her father was born in the 1920s, too. A lot of the typical benefits of older parents didn't apply to my familyOlder parents are supposed to be more emotionally prepared for their children.

Persons: —, didn't, Paula Abdul, X Organizations: Service Locations: Plenty, Europe

A California cheese and dairy company is the source of a decade-long outbreak of listeria food poisoning that killed two people and sickened more than two dozen, federal health officials said Tuesday. They include a person who died in California in 2017 and one who died in Texas in 2020, CDC officials said. The strain of listeria linked to the outbreak was found in a cheese sample from Rizo-Lopez Foods. Federal officials confirmed that queso fresco and cojita made by the company were making people sick. ___The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group.

Persons: Tio Francisco, Don Francisco, Rizo, Campesino, Dos, Casa, cojita Organizations: Rizo, Foods of, Centers for Disease Control, Prevention, Rizo Bros, CDC, Foods, Federal, El Super, Cardenas, Northgate, Numero Uno, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: California, Foods of Modesto , California, Texas, Rio Grande , Food City, El, San Carlos, Santa Maria, Casa Cardenas, Cardenas Market, Northgate Gonzalez, Superior, El Rancho, Vallarta, Food City, La

☆ King Charles diagnosed with cancer shortly after undergoing a prostate procedure
▼ + stars: | 2024-02-05 | by ( Maria Noyen | Mia De Graaf | ) www.businessinsider.com time to read: +4 min

The diagnosis came after the British monarch underwent treatment for an enlarged prostate in January. In a statement shared with Business Insider, the palace did not disclose Charles' form of cancer but said that the health issue was discovered while the UK royal was undergoing his prostate procedure. On January 17, the palace announced that Charles had an enlarged prostate and would be undergoing a "corrective procedure" later in the month. It's fairly common to detect cancer during an enlarged prostate procedure, Brahmbhatt told BI. Brahmbhatt said procedures to treat an enlarged prostate can reveal cancers of the prostate, penis, testicles, bladder, or kidneys.

Persons: —, Charles III, Buckingham, Charles, King Charles III, Samir Hussein, Prince Harry, Duke of Sussex, Harry, Meghan Markle, Jamin, Brahmbhatt, I've, Max Mumby, it's Organizations: Service, Buckingham Palace, Business Locations: British, France, California, Orlando , Florida, York, England

☆ 6 celebrity looks from the 2024 Grammys that missed the mark — sorry
▼ + stars: | 2024-02-05 | by ( Maria Noyen | ) www.businessinsider.com time to read: +1 min

Celebrities made a splash at the 2024 Grammys in Los Angeles on Sunday. Some pulled off daring looks, while others didn't quite hit the mark with their outfits. Here are six celebrity looks from the music awards show that stood out for the wrong reasons. AdvertisementThe 2024 Grammy Awards took place in Los Angeles on Sunday, bringing together entertainment legends for an evening celebrating music. Here are six Grammy Awards red-carpet looks that missed the mark, in our opinion.

Persons: —, Miley Cyrus, Leray Organizations: Service Locations: Los Angeles

☆ The best-dressed celebrities at the 2024 Grammys
▼ + stars: | 2024-02-05 | by ( Erin Mcdowell | Maria Noyen | ) www.businessinsider.com time to read: +1 min

The 2024 Grammys, hosted by Trevor Noah, took place on Sunday in Los Angeles. Dua Lipa wore a Courr è ges silver gown with a plunging neckline and Tiffany jewelry. ges silver gown with a plunging neckline and Tiffany jewelry. Many celebrities, from Miley Cyrus to Dua Lipa, turned out in their best and boldest looks. Here were the best-dressed celebrities at the 2024 Grammys.

Persons: Trevor Noah, Dua Lipa, Tiffany, Boygenius, Thom Browne, —, Miley Cyrus Organizations: Service Locations: Los Angeles, Dua, Dua Lipa

☆ Trump says Gavin Newsom would be an 'easy' presidential opponent after speculating that Biden may not be the Democratic nominee
▼ + stars: | 2024-02-05 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Donald Trump slammed Gavin Newsom's stewardship of California during a recent Fox News interview. Trump argued that Newsom would be an "easy" opponent if President Biden somehow left the WH race. Biden easily won the South Carolina Democratic primary and has given no indications he'd reverse course on 2024. Gavin Newsom would be an "easy" presidential opponent after speculating that he might not face President Joe Biden in the November general election. Michelle Obama has previously panned the idea of running for president and Newsom last year said he was firmly behind Biden's candidacy.

Persons: Donald Trump, Gavin, Trump, Newsom, Biden, —, Gavin Newsom, Joe Biden, Maria Bartiromo, he'd, Ron DeSantis, MSNBC's Alex Wagner, there's, Bartiromo, Michelle Obama, I've, Biden's Organizations: Fox, WH, South Carolina Democratic, Service, California Gov, Fox News, Democratic, Florida Gov, Trump, South, Republicans Locations: California, South Carolina

☆ Donald Trump says he will impose tariffs of more than 60% on China if he returns to the White House
▼ + stars: | 2024-02-05 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Former President Donald Trump says he will impose heavy tariffs on China if he's elected. Trump said he won't start another trade war, but China has "really taken advantage of our country." AdvertisementFormer President Donald Trump says he will introduce tariffs of more than 60% on Chinese goods if he wins November's election. Back in 2018, Trump directed his administration to start imposing tariffs on various Chinese goods. This resulted in a tit-for-tat trade war when China retaliated with its own slate of tariffs.

Persons: Donald Trump, Trump, —, Maria Bartiromo, they've, Bartiromo Organizations: Service, Fox News, Washington Post, The Locations: China

Some days, more than 1,000 arrive in the boulder-strewn mountains near San Diego, alone. These encampments would likely vanish under a Senate bill that would make sweeping changes to immigration laws, including allowing a border emergency authority that would restrict asylum when arrests for illegal crossings hit certain thresholds. If it overcomes long odds, the legislation would radically upend how asylum is handled at the border. Mbala Glodi, 42, arrived in Jacumba Hot Springs, a tiny border town east of San Diego, after crossing the border illegally in September. ___Spagat reported from San Diego.

Persons: Donald Trump, ”, Juan Andres Valverde, Samuel Schultz, Maria del Rosario Lanza, ___ Spagat Organizations: Senate, “, Homeland, Biden, Homeland Security, CBP Locations: SPRINGS, Calif, China, Colombia, Mexico, U.S, San Diego, Ukraine, Israel, New York, Vermont, United States, Angola, COVID, Cuba, Haiti, Nicaragua, Venezuela, Tijuana , Mexico, Honduran, Tegucigalpa, Chicago, Washington, Fort Worth , Texas

☆ The latest way workers want to upend the workplace is a blast from the past
▼ + stars: | 2024-02-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

What's on deck:This story is available exclusively to Business Insider subscribers. Long considered the bane of white-collar workers' existence, people now view cubicles as a sanctuary instead of a jail cell. AdvertisementCalling for a return to the cubes might seem odd when so many are pushing to evolve the workplace. Experts told Business Insider that a wave of retiring Boomers means the generation will soon be at "peak burden" to the economy. Get in touchAdvertisementinsidertoday@insider.comTo read unlimited articles, subscribe to Business Insider.

Persons: —, It's, Rebecca Zisser, Long, Kelli María Korducki, haven't, Korducki, cubicles, Ken Griffin, Vernon Yuen, Jerome Powell, Donald Trump, buybacks, Tammi Jantzen, Joe Rogan, Both Rogan, BI's Peter Kafka, Jenny Chang, Rodriguez, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Service, Business, Corporate, Citadel, Getty, Federal Reserve, Deutsche Bank, Spotify, Bureau of Labor Statistics, Boomers, Caterpillar Inc Locations: Silicon Valley, Wellington, Astarte, China, New York, London

☆ Bring Office Cubicles Back; Improve Employee Productivity, Hybrid Work
▼ + stars: | 2024-02-05 | by ( Kelli María Korducki | ) www.businessinsider.com time to read: +13 min

In a memorable montage from the 1999 workplace satire "Office Space," Peter Gibbons, a fed-up office drone, decides to take a stand. For years, the office cubicle was the four-walled avatar of corporate disaffection. Late '90s films like "Office Space," "Fight Club," and "The Matrix" enshrined its detested status. The tech boom arrived, bringing with it open office plans and a Silicon Valley-led gloss of egalitarianism, epitomized by Google's high-profile headquarters redesign in 2005. The top comment on the "Office Space" cubicle clip on YouTube captures the irony of this shift: "I would have killed for a cubicle," the commenter wrote.

Persons: Peter Gibbons, Google's, weren't, Nikil Saval, Slack, hasn't, Joseph Country, Heather Chapman, Chapman, Sydney Baker, there's, Baker, Thomas Roulet, Roulet, somethings, it's, Kevin Kelley, Shook Kelley, Kelley, cubicles, hewing Organizations: Toyota Corolla, Porsche, Workers, YouTube, Research, Harvard Business School, Environmental Psychology, University of Cambridge Locations: Silicon, Michigan, Louisville , Kentucky, —, Charlotte , North Carolina

☆ The best-dressed couples at the 2024 Grammys
▼ + stars: | 2024-02-05 | by ( Maria Noyen | Erin Mcdowell | ) www.businessinsider.com time to read: +1 min

The 2024 Grammy Awards took place in Los Angeles on Sunday. Many A-list couples made the prestigious music award show a stylish date night. AdvertisementThe 2024 Grammy Awards, hosted for the fourth year in a row by Trevor Noah, took place in Los Angeles on Sunday. Among the star-studded guests were a few high-profile couples making stylish joint appearances on the red carpet. From John Legend and Chrissy Teigen to Suleika Jaouad and Jon Batiste, here are some of the best-dressed couples at the 2024 Grammys.

Persons: John Legend, Chrissy Teigen, Heidi Klum, —, Trevor Noah, Jaouad, Jon Batiste Organizations: Service Locations: Los Angeles

NEW YORK (AP) — The wife of Bruce Willis is working on a guide to caregiving that draws upon her experiences tending to the beloved actor, who has been diagnosed with frontotemporal dementia. Emma Heming Willis' book, currently untitled, is scheduled for 2025. “Dementia not only affects your loved one but can shake a whole family’s foundation, and self, if you allow it,” Emma Heming Willis said in a statement Monday. “I’m so proud of the way she is using her voice to help others,” Shriver said in a statement. “Caregivers are unsung heroes in our society — they need guidance, support, knowledge, along with community and a roadmap.”Copyright 2024 The Associated Press.

Persons: Bruce Willis, Emma Heming Willis, ” Emma Heming Willis, ”, Maria Shriver's, Willis, “, ” Shriver Organizations: Penguin Random, Associated Press

Crossings in recent weeks are down overall along the entire U.S. border, including areas without such a heavy security presence. The arrival of GOP governors to Eagle Pass rounds out a weekend that has kept the small border city of roughly 30,000 residents in an unwitting spotlight. The number of crossings in Eagle Pass has recently fallen to a few hundred a day. Mexico has bolstered immigration efforts that include adding more checkpoints and sending people from the northern border to southern Mexico. Melissa Ruiz, 30, arrived at the Piedras Negras shelter, across the river from Eagle Pass, along with her four children.

Persons: — Kyle Willis, “ It’s, It’s, ”, Willis, Greg Abbott, Joe Biden's, Joe Biden, Ron DeSantis, Biden, John Modlin, Andrés Manuel López Obrador, Donald Trump, MAGA, Melissa Ruiz, Ruiz, Maria Verza, Mexico City anf Elliot Spagat Organizations: Texas National Guard, Texas Gov, Florida Gov, National Guard, U.S . Border Patrol, Border Patrol, –, U.S . Biden, Eagle, AP, Associated Locations: PIEDRAS NEGRAS, Mexico, U.S, Texas, Grande, Eagle, Piedras Negras, Park, Tucson , Arizona, Mexican, Rio Grande, Central America, Ecuador, Peru, Honduran, Piedras, Mexico City, San Diego

☆ The most daring looks celebrities wore at the 2024 Grammys
▼ + stars: | 2024-02-04 | by ( Maria Noyen | Erin Mcdowell | ) www.businessinsider.com time to read: +1 min

The 2024 Grammy Awards took place in Los Angeles on Sunday. Celebrities like Dua Lipa and Laverne Cox wore some of the boldest outfits on the red carpet. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe 66th Annual Grammy Awards brought together the biggest names in entertainment in Los Angeles on Sunday. Here are some of the most daring looks at the 2024 Grammys.

Persons: Trevor Noah, Laverne Cox, — Organizations: Sunday, Service Locations: Los Angeles, Dua

☆ Grieving the Loss of a Pet? They Want to Help.
▼ + stars: | 2024-02-04 | by ( Lauren Gill | ) www.nytimes.com time to read: +1 min

Weeks after Maria Sandomenico’s Chihuahua, Luigi, died last August, she shared a long post in a Facebook group for residents of the Park Slope neighborhood of Brooklyn about how she was struggling to come to terms with her adopted rescue dog’s passing. In an interview in January, Ms. Sandomenico said that in the seven years she had lived with Luigi, he had become her “north star,” trotting by her side in various custom-made clothes she had bought him. A pink and black pompom hat was his signature look, though he was also known to wear cashmere. Ms. Sandomenico said she turned to Facebook when Luigi died because she didn’t want to burden her friends with her feelings, and because she craved connection with others who had experienced the death of a pet. She was surprised by how many people responded to her post saying they were also grieving the loss of an animal companion and didn’t know where to find support.

Persons: Maria Sandomenico’s Chihuahua, Sandomenico, Luigi Organizations: Facebook Locations: Luigi, Brooklyn

☆ Lysychansk: At least 28 killed in strike on Russian-occupied town in eastern Ukraine
▼ + stars: | 2024-02-04 | by ( Maria Kostenko | Alex Stambaugh | ) edition.cnn.com time to read: +2 min

CNN —At least 28 have been killed in an attack on a building in the town of Lysychansk in the Russian-occupied region of Luhansk in eastern Ukraine, the region’s Moscow-installed head said Sunday. Ukraine’s defense ministry has not commented on the incident. Lysychansk was taken over by Russian forces in July 2022, becoming the last town in the key region of Luhansk in eastern Ukraine to fall. Last month, the Russian Defense Ministry said it stopped Ukrainian drones headed toward Moscow and St Petersburg. In December, Ukraine launched an attack on the Russian border city of Belgorod, killing at least 24 and wounding 108 others.

Persons: Republic Leonid Pasechnik, Pasechnik, Lysychansk, Chasiv Yar Organizations: CNN, Luhansk People’s, Russian, Russian Defense Ministry, St Locations: Lysychansk, Russian, Luhansk, Ukraine, Moscow, Republic, Ukrainian, Luhansk People’s Republic, Russia, Crimea, St Petersburg, Russia’s Bryansk, Belgorod, Kharkiv, Bakhmut, Avdiivka

☆ Trump Pushes Immigration Conspiracy Theories and Mass Deportations
▼ + stars: | 2024-02-04 | by ( Maggie Astor | ) www.nytimes.com time to read: +1 min

Former President Donald J. Trump, in an interview that aired on Fox News on Sunday, suggested falsely that Latin American governments were picking the citizens they didn’t want and shipping them to the U.S. border, resurrecting a claim that was central to his 2016 campaign. He also accused the Chinese Communist Party — without providing any evidence — of orchestrating illegal immigration into the United States, and said he believed China would try to interfere in the presidential election, adding that he liked President Xi Jinping “a lot.”Asked by the interviewer, Maria Bartiromo, whether he thought “military-aged men” from China were “being directed by the Communist Party to come here,” Mr. Trump said: “I believe so.”Referring to a recent incident in New York City in which a group of men identified by police officials as migrants from Latin America attacked police officers, Mr. Trump said: “The heads of these countries are smart. They’re not sending the people that are doing a great job and that they love in the country. They’re sending people, for the most part, that they don’t want, and they’re putting them into caravans.”

Persons: Donald J, Trump, Xi Jinping, Maria Bartiromo, ”, ” Mr, “ Organizations: Fox News, Communist Party, Latin America Locations: U.S, United States, China, New York City, Latin

☆ ‘Save the Whales’ was a shining success. Now can humpbacks save us from ourselves?
▼ + stars: | 2024-02-04 | by ( Bill Weir | ) edition.cnn.com time to read: +15 min

Antarctic Peninsula CNN —About 15 billion miles from where you sit, two 12-inch golden records are hurtling through outer space with multilingual greetings to the universe from 55 humans and one humpback whale. WWF's Johnson said the whales are not harmed by this -- to the whales, the dart feels like "a mosquito bite." It feels like “a mosquito bite” to the whales, Johnson said, but what they can test for is priceless: from stress hormones to toxins to — most importantly — pregnancy rates. Ten million copies were inserted into National Geographic magazine in 1979 — the largest single pressing in history — and a global movement to Save The Whales grew big enough to … save the whales. Seth Wenig/AP“I don’t think a wind turbine can kill a whale,” Friedlaender told CNN.

Persons: Anderson Cooper, Carl Sagan, ” Sagan, could’ve, “, Ari Friedlaender, Friedlaender, ”, Chris Johnson, ” Eva Prendergast, WWF's Johnson, Evelio Contreras, Bill Weir, Johnson, ” Friedlaender, Shepherd, WWF’s Johnson, Roger, Katy Payne, David Keyton, Frank Watlington, cetologist Scott McVay, Donald Trump, ” Trump, Seth Wenig, that’s, Biden, ” Johnson, Twain, CNN “, ” Brenda McCowan, Fred Sharpe, ” McCowan, ’ ” Sharpe, Natalia Botero, Acosta, ’, Maria Camila Medina Martínez, Julian Quinones, ” Carl Sagan Organizations: Antarctic Peninsula CNN, “, ” CNN CNN, University of California, International Monetary Fund, World Wildlife Fund, Ocean Endeavor, CNN, UC Santa Cruz, Shepherd Global, Norwegian Aker, United Nations, Geographic, Whales, International Whaling Commission, Atlantic, Republican, Templeton Foundation, Whale SETI, UC Davis Locations: Santa Cruz, Colombia, British, Antarctica, Norwegian, Southern, Orkney, Bermuda, Japan, Norway, Iceland, Atlantic, South Carolina, Lido Beach , New York, Davis, Alaska, Columbia, Colombian, Tribuga, United Nations, Palau, Chile, Maldives

NEW YORK (AP) — Former President Donald Trump issued a warning to the Republican National Committee's chairwoman in an interview aired Sunday, saying when asked about her that there would "probably be some changes made." I would say right now, there'll probably be some changes made,” Trump said on FOX News Channel’s Sunday Morning Futures. An effort by Trump allies to have the RNC this week declare Trump the “presumptive nominee” was withdrawn after he came out against it. While Trump and the RNC worked hand-in-hand on his losing 2020 bid, they have disagreed on a number of issues this time around. McConnell has made a point of staying out of the primary, but previously said he would support the eventual nominee.

Persons: Donald Trump, Trump, Maria Bartiromo, Ronna McDaniel, “, ” Trump, Nikki Haley, McDaniel, Haley, ”, Joe Biden, ” McDaniel, Ronald Reagan, Mitch McConnell, Everybody’s, McConnell Organizations: Republican National, Fox News, Trump, RNC, FOX, New, Las Vegas, Republican, ” Locations: Michigan, New Hampshire, Las

☆ A soft landing is now likely. But Americans will still deal with unaffordable housing
▼ + stars: | 2024-02-04 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

In a letter days before the Fed’s decision Wednesday to hold interest rates steady at a 23-year high, Democratic US senators blasted the central bank for America’s housing woes. In 2021 when the Fed’s key interest rate was near zero, home-price growth soared at a historic double-digit pace, according to the S&P CoreLogic Case-Shiller National Home Price Index. Divounguy said that the average 30-year fixed mortgage rate will likely not fall below 6% this year. That way we can actually start heading in the right direction with affordability and have that be sustainable and not just a short-term interest rate phenomenon,” she said. Richmond Fed President Thomas Barkin delivers remarks.

Persons: Valerie Plesch, Orphe Divounguy, Freddie Mac, it’s, Fannie Mae, Divounguy, ” Daryl Fairweather, Trump, Jerome Powell, Donald Trump, Powell, David Goldman, Alexandra Ross, ” Trump, Maria Bartiromo, Joe Biden, Estee Lauder, Tyson, Raphael Bostic, Eli Lilly, Loretta Mester, Walt Disney, Adriana Kugler, Thomas Barkin, Michelle Bowman, Ralph Lauren, Armour Organizations: CNN Business, Bell, DC CNN, Federal Reserve, Democratic, Eccles Federal Reserve, Bloomberg, Getty, CNN, National Association of Realtors, Fox Business, Bureau of Labor Statistics, Trump, Fed, Caterpillar, Tyson Foods, P Global, Institute for Supply Management, Atlanta Fed, Toyota, UBS AG, Chipotle, Cleveland Fed, Walt, CVS, PayPal, Brands, Fox, The Carlyle, News Corporation, New York Times Company, Mattel, Spirit Airlines, US Commerce Department, China’s National Bureau of Statistics, ConocoPhillips, Unilever, Duke Energy, Expedia, Warner Music Group, Tenet Healthcare, Richmond Fed, Pepsico, Honda Locations: Washington, Washington , DC, CAVA

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