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PepsiCo said Tuesday that it's buying Mexican-American food company Siete Foods for $1.2 billion, marking the company's first food acquisition in roughly five years. Like many food companies, Pepsi has been trying to shift its portfolio to include healthier options in recent years, usually through acquisitions. Soon that will also include Siete. In August, M&M's owner Mars announced it would buy Pringles parent Kellanova in a deal valued at nearly $36 billion. This March, Campbell Soup completed its $2.7 billion acquisition of Rao's pasta sauce maker Sovos Brand.
Persons: Bare, Veronica Garza, Ramon Laguarta, Mars, Campbell Soup, Sovos Brand Organizations: PepsiCo, Foods, Pepsi, Siete, Target, Kroger, CVS, &' $ Locations: American
His supporters have dubbed Marwan Barghouti the “Palestinian Nelson Mandela” in the hope that after more than two decades behind bars, he can emulate the late South African leader and make the journey from prisoner to national unifier. At that time, Palestinian militants carried out deadly suicide bombings and shootings inside both Israel and the Palestinian territories, targeting buses, restaurants and hotels. “He’s someone who creates something out of nothing, and he believes in education for the Palestinian people,” Arab Barghouti added. Palestinian protesters wave flags and placards bearing portraits of Fatah leader Marwan Barghouti in 2015. “Ami Ayalon and others have said Marwan Barghouti may be the one leader who can be an effective partner for peace,” he said.
Persons: Yasser Arafat, Marwan Barghouti, Nelson Mandela ”, Ami Ayalon, Mahmoud Abbas, Yahya Sinwar, , , Arab, Barghouti, Father Germanos, masterminding, Arafat, Fatah, William Campbell, Marco Longari, Abbas, ” Mira Al, he’s, Osama Hamdan, Abbas Momani, Ayalon, Shin, I’m, Sen, Chris Van Hollen, “ Ami Ayalon, Israel, Gilad Shalit, They’re, Benjamin Netanyahu’s, Barghouti’s, Fadwa, ‘ I’m, Organizations: Bank, West Bank, Palestinian Center, Policy, Survey Research, Hamas, American Embassy, NBC News, U.S . Office, Palestinian Affairs, Prosecutors, European Council, Foreign Relations, Brigades, Fatah, ., , Getty, West, Palestinian Authority, State Department, Senate Foreign Relations, NBC, National Organization of Locations: RAMALLAH, Jerusalem, Ramallah, Israel, Gaza, American, Tel Aviv, Fatah, West Bank, Kobar, Aqsa, AFP, Palestinian, East Jerusalem, , Palestine
Justin Herbert, Los Angeles ChargersStatus: Expected to start vs. ChiefsJustin Herbert is expected to play through a high ankle sprain against the Kansas City Chiefs. Kenneth Walker III, Seattle SeahawksStatus: Will play vs. LionsWalker is no longer on the injury report after he missed Week 2 and Week 3. Keenan Allen, Chicago BearsStatus: Expected to play vs. RamsAllen was inactive in both Week 2 and Week 3 with a heel injury. RaidersNjoku missed Week 2 and Week 3 with an ankle injury, and he did not practice on Wednesday. Sam LaPorta, Detroit LionsStatus: Will play vs. SeahawksDan Campbell said LaPorta — who suffered a low-ankle sprain in last weel’s 20-13 win over the Cardinals — will play.
Persons: We’re, Justin Herbert, Sunday's, Jordan Love, Christian McCaffrey, Achilles, Chiefs Justin Herbert, Herbert, Tua, Russell Wilson, Colts Wilson, Mike Tomlin, Wilson, Justin Fields, Brooke Pryor, McCaffrey, Jordan Mason, Isiah Pacheco, Clyde Edwards, Helaire, Kareem Hunt, Carson Steele, Joe Mixon, Jaguars Mixon, Kenneth Walker III, Lions Walker, Austin Ekeler, Cardinals Ekeler, Najee Harris, Indianapolis Harris, it's, ” Tomlin, Buccaneers Brown, Deebo Samuel, Patriots Samuel, Keenan Allen, Rams Allen, Cooper Kupp, wideout, Puka, , — Nacua, Cupp, Jordan Addison, Adam Thielen, It’s, George Kittle, Patriots Kittle, David Njoku, Raiders Njoku, Evan Engram, Texans Engram, Sam LaPorta, Seahawks Dan Campbell, LaPorta — Organizations: NFL, Los Angeles Chargers, Steelers, Packers, San Francisco 49ers, Green Bay Packers, Chiefs, Kansas City Chiefs, Miami Dolphins, Buffalo Bills, Miami, Arizona Cardinals, Pittsburgh Steelers, Colts, Isiah Pacheco , Kansas City Chiefs, Houston Texans, Jaguars, Texans, Chicago Bears, Seattle Seahawks, Lions, Cardinals, Cincinnati, Washington, Philadelphia Eagles, Buccaneers, Patriots, Vikings, Rams, Los Angeles Rams, Bears, Chicago, Los, Minnesota Vikings, Packers Addison, Carolina Panthers, Panthers, Saints, Las Vegas, Cleveland Browns, Raiders, Jacksonville Jaguars, Detroit Lions, Seahawks Locations: Tua Tagovailoa, Isiah Pacheco ,, Los Angeles, Washington, Brown, Francisco’s, Angeles, Minnesota, Carolina
Read previewRussia is tapping China to build long-range attack drones for use in its war against Ukraine, Reuters reported. The report stated that Russia had created a secret weapons program in China, citing documents as well as two unnamed sources from a European intelligence agency. AdvertisementBut prior to the Reuters report, it was thought that China stopped short of transferring entire weapons systems to Russia. "Let's be absolutely clear about it: China does not want Russia to lose this war," Nixey said. AdvertisementThe war, he said, "is a symbol and a forebear of Western ability, Western spine, Western political will to defend the rules-based international order."
Persons: , IEMZ, Kupol, G3s, James Nixey, shouldn't, Nixey, Kurt Campbell, Sari Arho Havrén, NATO's, Farah Dakhlallah, Dakhlallah Organizations: Service, Ukraine, Reuters, Business, Russian Ministry of Defence, US, Royal United Services Institute Locations: Russia, China, Russia's, Ukraine, Russian, Izhevsk, Eurasia, Brussels, Europe
A former Orange County, New York, prosecutor accused of accepting bribery payments died in an apparent suicide at his home as federal agents arrived to arrest him, sources familiar with the matter told NBC New York. Orange County DAThe FBI told the news station that its Inspection Division was "reviewing an agent-involved shooting." The U.S. Attorney's Office for the Southern District of New York declined to comment. Orange County District Attorney David Hoovler said in a statement that it was "truly heartbreaking that it ended this way." Rosenwasser received several awards during his time in the district attorney’s office, including the Arson Prosecutor of the Year Award last year.
Persons: Stewart Rosenwasser, Rosenwasser, David Hoovler Organizations: NBC New, FBI, Attorney's, Campbell, Southern, of, Orange, NBC Locations: Orange County , New York, NBC New York, Orange County, U.S, of New York
But Diddy's empire began to crumble when Ventura sued Combs last year, accusing him of rape and abuse. Last week, Combs was arrested and indicted on racketeering and sex trafficking charges by federal prosecutors in Manhattan. AdvertisementSean "Diddy" Combs depicted in a courtroom sketch from September 17, 2024. Jane Rosenberg/ReutersAs discussions and theories have swirled around Combs' felony counts, his famous friends, colleagues, and labelmates have also become sources of speculation. However, according to Evan Nierman, CEO of the crisis PR firm Red Banyan , that silence is almost certainly strategic.
Persons: , Sean, Diddy, Combs, Jennifer Lopez, Cassie Ventura, Jay, Naomi Campbell, Justin Bieber, Mary J, Blige, John Legend, Mark Wahlberg, Prince Harry, Ventura, Jane Rosenberg, There's, Damian Williams, Ricky Vigil, Justin E Palmer, Evan Nierman, Nierman, Sean Combs, they'd, disavow Combs, Chris Brown, Jeff Kravitz, Eric Schiffer, he'd, Schiffer, " Schiffer, Usher, WireImage Usher, Streisand Organizations: Service, Metropolitan Detention Center, Hollywood, Business, Prosecutors, Diddy, Management, Ventura Locations: New York's, Manhattan, Combs, publicists
A San Francisco venture firm developed a proprietary model it calls "moneyball for venture capital." The firm is revealing 19 exceptional female investors with a keen eye for identifying future unicorns. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . It developed a proprietary model it calls "Moneyball for venture capital" that uses AI to predict which early-stage startups are most likely to become unicorns, which are companies valued at more than a billion dollars.
Persons: , Fred Campbell, Joseph Aaron, Scott Pyne, Steve Marek, Dick Fredericks Organizations: US, Service, Business Locations: San Francisco
Sluggish salty snack sales have prompted questions about whether Ozempic and obesity treatments like Wegovy and Zepbound ae to blame. GLP-1 drugs have been cheered as an effective method to help patients with diabetes and obesity to manage their blood sugar levels, hunger and weight. Lieberman found that the temporary price reduction at Wal-Mart stores drove an increase in both the product's volume and sales, leading to the conclusion that snack sales were hurt by price pressures for consumers. "All said, the data suggests to us that the primary challenge facing the salty snack category is affordability and arguably not GLP-1s and evolving health & wellness trends as some people might opine," she wrote in the report. "The salty snack category raises prices faster than the rest of the grocery store, so we probably have more work to do to right-size the prices," he told CNBC in an interview.
Persons: Morgan Stanley, Campbell, Lauren Lieberman, Pepsi's, Lieberman, Cowen, Robert Moskow, Moskow, It's, TD Cowen, Nordisk's Wegovy, Eli Lilly's Zepbound, Dara Mohsenian, Mohsenian, There's Organizations: Pepsi, UTZ Brands, Barclays, Mart, CNBC, Nielsen Locations: confections, Nordisk's
Read previewWhen you put the Harris-Walz campaign's media strategy side-by-side with that of Trump-Vance, one major difference stands out: Kamala Harris and Tim Walz are barely talking to the press. Both Donald Trump and JD Vance's many press interviews have sparked negative news cycles. Atkeson also gave the analogy that the effect of Harris' media strategy on voters is like what happens when a romantic relationship first begins. So the contrast could be something that doesn't look good optically for the Harris campaign." Though the Harris campaign did not respond to a request for comment from Business Insider, a spokesperson told The New York Times that more press interviews are coming.
Persons: , Harris, Walz, Trump, Vance, Kamala Harris, Tim Walz, Joe Biden, Donald Trump, JD Vance's, Lonna, LeRoy, Atkeson, we've, gee, Oprah Winfrey, Winfrey, WIRED, Joseph Campbell, Campbell, Van Jones, Obama, Kamala, Harris ramping Organizations: Service, Democratic, Business, Florida State University, LeRoy Collins Institute, American University, Fox News, CNN, New York Times
Detroit Lions coach Dan Campbell said he's in the process of selling his family's suburban Motown home after amateur sleuths learned where they reside. "The home is beautiful,” Campbell told Crain’s Detroit Business, speaking about his family's now former pad. During the Lions' run to the NFC title game last season, they lost, 20-19, to the Dallas Cowboys on Dec. 30, 2023. In a typical Lions season, losing to the Cowboys would simply be called Sunday. "It was like handymen pretending to come do some work on their house," Crain told NBC News on Friday.
Persons: Dan Campbell, he's, sleuths, ” Campbell, It’s, , Campbell, Campbell's, Ashley Crain, Crain, Igor Larionov Organizations: Detroit Lions, Motown, Detroit Business, Lions, NFC, Dallas Cowboys, Cowboys, Lions football, Campbells, NBC, Ford, Hockey Hall of Fame Locations: Detroit, Bloomfield Hills, Oakland County
CNN —Detroit Lions head coach Dan Campbell is selling his home in the Motor City because of what he calls “safety concerns.”Campbell told Crain’s Detroit Business on Wednesday that he and his family “loved” the house but decided to move after fans found out where he lived. “There’s plenty of space, it’s on two acres, the home is beautiful,” Campbell told the outlet. Crain confirmed that Campbell was subject to pranks and harassment as a result. “Dan and Holly Campbell are Detroit treasures,” Crain told CNN. After a lackluster first season, he has played a key role in turning Detroit into one of the best teams in the NFL.
Persons: Dan Campbell, ” Campbell, , It’s, Ashley Crain –, Campbell, Crain, “ Dan, Holly Campbell, ” Crain Organizations: CNN — Detroit Lions, Detroit Business, Dallas Cowboys, CNN, Lions, CNN Sport, Cowboys, Bloomfield Township Police Department, NFL, The Lions, NFC, San Francisco 49ers Locations: Motor City, Detroit, Bloomfield Township
Introduction to the federal funds rateDefinition and purpose of the federal fund rateThe federal funds rate, or fed funds rate, is the interest rate set by the Federal Open Markets Committee. The Federal Reserve lowered the federal fund rate on September 19, 2024, to stop aggressive inflation and prevent a recession. Today, the federal fund rate is 5.00%, with the federal fund target rate being 4.75% to 5.00%. How the federal funds rate worksThe federal funds rate, or the overnight rate, is the interest commercial banks charge when they lend money to one another for extremely short-term periods — literally, overnight. Federal funds rate FAQsWhat happens when the federal funds rate is high?
Persons: Karen Fernandez Tessa Campbell, Tessa Campbell, Tessa, she’s Organizations: Federal Reserve, Federal, Federal Open Markets, Fed, Market, Fed's, Governors, Federal Reserve Bank, Susquehanna University
“There is a real clear understanding that this election is a monumental election,” Win With Black Women founder Jotaka Eaddy told CNN. Juliana Yamada/APGroups led by Black women also are launching new political ventures to aid Harris. And she was among the Black women who publicly urged Biden to remain in the race, following his poor June 27 debate performance. Black female organizers in the state also are extending their reach far beyond other Black women. “At the end of the day, what you’re not going to do is blame Black women for not doing their job,” she said.
Persons: DeJuana Thompson, Kamala Harris, , , Thompson, Harris, Oprah Winfrey, Joe Biden, Jotaka Eaddy, Juliana Yamada, Black, Jack, Jill of America, Daria Dawson, “ There’s, ” Hillary Holley, Stacey Abrams, Georgia’s, Holley, , ” Holley, We’ve, Andrew Harnik, Biden, Obama, Melanie Campbell, Campbell, ” Campbell, Steve Phillips, Harris ’, Win, Kamala, Winfrey, Anna Moneymaker, Donald Trump, Doug Jones, Barack Obama, Janice Robinson, Robinson, Nervahna, Hillary Clinton, Mary Starkey, Clinton, you’re, we’re Organizations: CNN, Democratic, America, YouTube, Win, Women, , Black Women, Alpha Kappa Alpha, AP, Howard University, sorority, Delta Sigma Theta, National Council of Negro Women, National Domestic Workers Alliance, Democratic National Convention, Biden, White, Black College and Universities, Red Wine, North Locations: Chicago, Birmingham , Alabama, Pleasanton , California, American, Georgia, Atlanta, Arizona , Georgia, Nevada, North Carolina, Charlotte , North Carolina, Carolina, Alabama, Black, Charlotte, Delaware
Gabriel wrote that the fellow fantasy football player was “headed around Oslo and has a shooting planned with multiple people on his side involved. Law enforcement officers in Norway and the US dedicated five days and hundreds of hours to investigating the threat, prosecutors said. While investigating Gabriel for the international hoax in Norway, prosecutors said they learned that Gabriel emailed another fictitious threat earlier this year – this time to the University of Iowa. In March, Gabriel emailed the university indicating the same fantasy football group member was threatening to “blow up the school,” which Gabriel knew was untrue, prosecutors said. Romero warned in her statement that hoax threats are a crime.
Persons: Matthew Gabriel, Gabriel, , , Jacqueline Romero, ” Gabriel, Romero, ’ ” Organizations: CNN, Philadelphia, US Justice Department, US, Office, Eastern, Eastern District of, Norwegian Police Security Service, FBI, University of Iowa, Eastern District of Pennsylvania Locations: Philadelphia, Eastern District, Eastern District of Pennsylvania, Norway, Oslo
Forty-one percent of analysts polled by FactSet have a buy rating on Tesla stock, while 21% have a sell rating. About 43% of analysts surveyed by FactSet maintain a buy rating on IBM stock, but 21% are at a sell. He also noted that the risk-to-reward skew on IBM stock is more balanced, leaving less upside for the stock. IBM YTD mountain IBM stock. Goldman Sachs recently added IBM to its conviction list with a $220 price target, or 2% above where shares closed Wednesday.
Persons: Tesla, TSLA, Wolfe Research's Emmanuel Rosner, Rosner, Morgan Stanley, Adam Jonas, Jonas, Elon Musk, Bernstein's Toni Sacconaghi, Sacconaghi, Goldman Sachs, Jim Schneider, Campbell Soup Organizations: CNBC Pro, FactSet, U.S, automakers, IBM, Pepperidge
Combs on Tuesday pleaded not guilty to each count: racketeering conspiracy, sex trafficking and transportation to engage in prostitution. The lawsuit accuses Combs and other defendants of sex trafficking, human trafficking, sexual assault, gender-motivated violence, sexual harassment, gender discrimination and a hostile work environment. Diddy is not accused of sexual assault in the lawsuit but is included in allegations of liability and aiding and abetting. Lampros accuses Combs of four instances of sexual assault from the mid-1990s to the early-2000s. July 3: Adria English, a former adult film actress, accuses Combs of sex trafficking and sexual assault in a federal lawsuit filed in New York.
Persons: CNN —, Sean “ Diddy ” Combs, Combs, Combs ’, Diddy, Casandra, Cassie ” Ventura, Ben Brafman, Mr, , , Ventura, ” Combs, Brafman, Joi Dickerson, Neal, Liza Gardner, Aaron Hall, Guy, Gardner, Instagram, Jane Doe, ” Douglas, Wigdor, Rodney “, Rod ” Jones, Jones, Shawn Holley, Sean, Aaron Dyer, Christian Combs, Grace O’Marcaigh, Dyer, ” Sean Combs, Cassie Ventura, Ventura –, I’m, Meredith Firetog, Cassie, , , Firetog, Crystal McKinney, drugging, Lampros, Eric Adams, Adams, Howard, Sean Combs, ” Jonathan Davis, Singer Dawn Richard, Danity Kane, Combs “, ” Ventura, Erica Wolff, Richard, Christine Cornell, Prosecutors, CNN’s Nicki Brown, John Miller, Eric Levenson, Alli Rosenbloom, Kristina Sgueglia, Lisa Respers France, Sandra Gonzalez Organizations: CNN, Prosecutors, Howard University, Ventura, New York Supreme, Syracuse University, Diddy, of, Homeland Security, InterContinental, MTV, New York’s Fashion Institute of Technology, Howard University’s, Sean Combs Foundation, Adria Locations: Los Angeles, Miami, New York City, Here’s, New York, Southern, of New, Century City, Ventura
Law enforcement rides a vehicle near a property belonging to Sean "Diddy" Combs in Los Angeles, California, on March 25. The investigation stems from many of the same sexual assault allegations put forth in the civil lawsuits, according to a second law enforcement source familiar with the searches. The raids came weeks after a lawsuit was filed against Combs by Rodney “Lil Rod” Jones. November lawsuit: Combs settled a suit brought by his former girlfriend, singer Casandra “Cassie” Ventura, who alleged she was raped and subjected to years of repeated physical and other abuses by Combs. Civil lawsuits: Since November, Combs has been hit with 10 lawsuits, nine directly accusing him of sexual assault.
Persons: Sean, Diddy, Combs, Eric Thayer, Sean “ Diddy ” Combs, HSI, Rodney “, Rod ” Jones, Casandra “ Cassie ” Ventura Organizations: Authorities, US Department of Homeland Security, CNN Locations: Los Angeles , California, Miami, Los Angeles
CNN —Embattled musician and producer Sean “Diddy” Combs has been arrested, the mogul’s attorney tells CNN. According to a source, Combs was arrested in a Manhattan hotel on Monday night and is currently being processed. “We are disappointed with the decision to pursue what we believe is an unjust prosecution of Mr. Combs by the U.S. Attorney’s Office,” Marc Agnifilo, an attorney for Combs, told CNN. Combs’ attorney said that the musician has been cooperating with the investigation, and relocated to New York last week in anticipation of being charged. In an aerial view, the home of Sean "Diddy" Combs is seen during a raid by federal law enforcement agents in Los Angeles, California, on March 25.
Persons: Sean “ Diddy ” Combs, Combs, ” Marc Agnifilo, , Sean ‘ Diddy ’ Combs, ” Agnifilo, , Damian Williams, Sean Combs, Sean, Diddy, Cassandra “ Cassie ” Ventura, CNN’s Kara Scannell Organizations: CNN, U.S, Attorney’s, Southern, of, Homeland Security Investigations, Justice Department Locations: Manhattan, New York, of New York, Los Angeles, Miami, Los Angeles , California
The women Kamala Harris has mentored
  + stars: | 2024-09-15 | by ( Edward-Isaac Dovere | ) edition.cnn.com   time to read: +12 min
Angela Alsobrooks, the Democratic nominee for Senate in Maryland, has started collecting magazines with Harris on the cover, buttons, a T-shirt and other memorabilia. She broke down sobbing during Maya Harris’ convention speech when thinking of her own memories of the vice president’s mother. “’Hi, it’s Kamala Harris,’” Alsobrooks remembers hearing. Harris joins Prince George's County Executive Angela Alsobrooks onstage to speak at a campaign event in Landover on June 7, 2024. Cohen switched over to Harris’ campaign for a few shifts.
Persons: CNN —, Kamala Harris, Jahana Hayes, She’d, Hayes, Harris, Long, Ayanna Pressley, Laphonza Butler, , They’re, , Jasmine Crockett, , ” Crockett, she’d, Joe Biden, Crockett, boggle, Angela Alsobrooks, Lateefah Simon, Simon, Maya Harris ’, it’s, Susan Walsh, Alsobrooks, it’s Kamala Harris, ’ ” Alsobrooks, ” Alsobrooks, , Andrew Harnik, Andrea Campbell, “ Joy ”, Campbell, Harris “, ” Campbell, isn’t, Malia Cohen, Gavin Newsom’s, Cohen, Bruce Springsteen, ’ ” Cohen, ” Daniele Monroe, Moreno, Monroe, “ Kamala, ‘ I’ve, she’s, ” Monroe, Peggy Flanagan, hasn’t, Flanagan —, , Flanagan, , Emily Tisch Sussman, Paul, Abbie Parr, Biden, wasn’t, ’ ” Campbell, Harris ’, Kamala, that’s, I’d Organizations: CNN, National Democrats, Democratic, Massachusetts, Naval Observatory, Naval, Office, San, White, , Goodwill Industries, Prince George's, UCLA, Black, San Francisco, of Supervisors, Nevada Democratic Party, Gov Locations: Connecticut, Texas, Maryland, San Francisco, Oakland, ” Connecticut, New Haven, Landover, Boston, California, Las Vegas, Monroe, Minnesota, St, Iowa, United States
The Florida officer investigated over Miami Dolphins star Tyreek Hill’s traffic stop and detainment had been suspended six times previous to their encounter, received several written reprimands, and was at the center of numerous complaints, according to his employee profile. Records also show that Torres, a 27-year veteran, received four written reprimands between March 1999 and September 2020. The employee profile does not provide details on what led to the suspensions or written reprimands. Hill told NBC News that he was wearing his seat belt and took it off as he was being pulled over. The officer knocked on the window again, the video showed, and told the Dolphins wide receiver to keep it down.
Persons: Danny Torres, Torres, Public Safety James Reyes, Hill, , McLaren, , Calais Campbell, Jonnu Smith, Campbell, ESPN’s, ” Ignacio Alvarez, ” Alvarez Organizations: Miami Dolphins, Miami - Dade Police Department, Hill ., Dade, Public Safety, NBC News, Dolphins Locations: Florida, Miami, Hill, Hill . Miami, Dade County, Miami Gardens
Though my husband didn't want kids, he also never pushed me either way, which I'm grateful for. It mostly consists of other childless couples (or couples with grown-up children), surfers, business owners and freelancers, and expats from countries like Germany, Poland, France, Venezuela, and Spain. Related storiesI started questioning things after a couple we know had a babyRecently, though, our perfectly crafted child-free lifestyle has been turned upside down. Will we regret our decision to live on our own terms without the chaos and beauty of raising a child? I'm picturing my husband and me — all shriveled up and gray — sitting at an empty dinner table, just the two of us.
Persons: Lachlan, we'd, we've, Alix Campbell, Alix Campbell I'm, I'm, , they'll Organizations: Service, Business, Netflix Locations: Nicaragua, Australia, Austria, Western Algarve, Portugal, Germany, Poland, France, Venezuela, Spain
Lower interest rates may impact your investment portfolio following the Fed's first rate cut. "They get spooked by something like policy changes and sell out of a diversified investment portfolio. "Generally, lower interest rates boost the economy as lending gets cheaper for consumers and businesses, " says Eckles. However, as interest rates fall, the attractiveness of these cash investments declines. The inverse relationship between bond prices and interest rates means that as rates fall, bond prices rise, providing another return component.
Persons: Banks, Goldman Sachs, JP Morgan, Bakkum, Pam Krueger, annualized, Jaime Eckles, Plante Moran, doesn't, We've, Krueger, Cash Organizations: Federal Reserve
Read previewWhen Vice President Kamala Harris announced that she was running for president on July 21, she changed more than the dynamics of the race — she upended the entire timeline of presidential elections. AdvertisementMichael Sistak, who served as Sen. Mitt Romney's political director in Michigan in 2012, described a presidential campaign as a "long slog through the mud." AdvertisementIn the 1960s, primaries became a fixture of presidential elections and added months to the campaign. The primary system emerged as a decisive force after World War II and solidified its place in the American presidential election process in 1968. "It's a slog from January all the way to the convention," she said about presidential election years.
Persons: , Kamala Harris, Harris, Donald Trump, Rachael Cobb, Cobb, Joseph Campbell, Tim Hogan, Hillary Clinton, Amy Klobuchar, they're, Michael Sistak, Sen, Mitt Romney's, Hogan, Sistak didn't, — Campbell, Eugene McCarthy, Hubert Humphrey, Humphrey, Charles Stewart, Stewart, Sistak, Clinton, Daron Shaw, Shaw, isn't, we've Organizations: Service, Business, White House, Suffolk University, American University, White, Romney's, MIT, Politics, UT Austin, Democratic, Republican Locations: Michigan
CNN —A former CIA officer arrested for espionage has been sentenced to 10 years in federal prison for conspiring to provide classified information to Chinese intelligence officials, according to the US Department of Justice. Alexander Yuk Ching Ma, 71, of Honolulu, had arranged for himself and a relative, who also previously worked for the CIA, to meet with Chinese security officers in Hong Kong and provide classified material in exchange for $50,000, according to his plea agreement. Ma pleaded guilty in May. Ma was later the target of an FBI undercover operation after applying to work as a linguist at the bureau’s Honolulu field office. During the course of his monitored employment with the FBI, Ma allegedly took a digital camera into the FBI office to photograph sensitive documents that he would then take to his handlers in China.
Persons: CNN —, Alexander Yuk Ching Ma, Ma, Salina Kanai Organizations: CNN, CIA, US Department of Justice, FBI, People’s, DOJ, Justice Department Locations: Honolulu, Hong Kong, People’s Republic of China, China, Salina, United States
Miami Dolphins star wide receiver Tyreek Hill emphatically said Wednesday the police officer involved in his traffic stop and detainment this week should be terminated. Hill, who was talking to reporters at a team-sanctioned press conference, was asked how he feels about his lawyer saying the officer involved should be dismissed. “Gone, gone, gone, gone. He got to go, man,” Hill said. He also said he could have approached the traffic stop differently.
Persons: Hill, , ” Hill, Cheetah, Jonnu Smith, Calais Campbell, Campbell, Danny Torres, Torres, Ignacio Alvarez, Alvarez, Daniels, ” Alvarez, bodycams, Organizations: Miami Dolphins, NFL, Miami, Dade, Dolphins, McLaren, NBC News Locations: Dade County
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