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The S & P 500 Health Care Sector index has outperformed the broader S & P 500 in just three of the past eight presidential election years dating back to 1992, according to FactSet data. So far in 2024, health care has been the best-performing sector in the S & P 500, climbing roughly 2%. .GSPHC .SPX YTD mountain Health care sector vs. S & P 500 YTD It's way too early for any grand predictions with Election Day 2024 about 10 months away. Nevertheless, we see attractive fundamentals in the year ahead for a host of health-care stocks, giving us the confidence to own Lilly, GE Healthcare and Danaher despite what history says about the group in presidential election years. After a strong 2022 for health care in a terrible overall market, investors last year placed a lower emphasis on the defensive characteristics of health care.
Persons: , that's, Eli Lilly, Lilly, Jim Cramer, Jim, Sen, Bernie Sanders of, Joe Biden, Sanders, would've, Damien Conover, Conover, Biden, Eli Lilly's, Morningstar, Amgen, Morningstar's Conover, Lilly's donanemab, Humana, Bausch, Jim Cramer's, Frederick Florin Organizations: Health, GE Healthcare, Abbott Laboratories, Amgen, Novartis, Walgreens Boots Alliance, JPMorgan Healthcare Conference, Democratic, Morningstar, CNBC, Horizon Therapeutics, Novo Nordisk, Federal Reserve, General Electric, Medicare, Humana, UnitedHealth Group, Investors, AFP, Getty Locations: San Francisco, U.S, Bernie Sanders of Vermont, Canadian, Fegersheim, France
And I think he’s right there with Reagan as far as his track record, what he did overall throughout his presidency. I think it really does set her up well as you do move on into some other states. nick corasanitiSo New Hampshire has a long history of really just going against Iowa, right? Those independents is where the question of the final results really, really come in. They were economic voters, taxation voters, pro-gun voters, not any of those kind of evangelical issues that we heard in Iowa.
Persons: I’m, We’ve, I’m Astead, , Iowans, Donald Trump, Trump, Nikki ”, Haley, it’s, Ames, Harrison Barnes, Doug McDermott, Troy Hill, Nikki Haley, Vivek, — he’s, wouldn’t, , aren’t, Reagan, DeSantis, Nikki, Ramaswamy, Ron, he’s, Biden, Ron DeSantis, , I’ve, who’s, It’s, hasn’t, caucusing, Roe, Astead Herndon, Aaron, it’s Trump, They’re, Mike Pence, you’ll, we’re, Anna, Teresa didn’t, Teresa, haven’t, Nikki Haley’s, Donald Trump’s, Vivek Ramaswamy, Nick Corasaniti, astead herndon, Nick, Trump’s, astead, There’s, they’re, Rand Paul, herndon, Bill Clinton, — astead herndon Isn’t, John McCain, George W, Bush, isn’t, They’ve, unquote, astead herndon It’s, He’s, Chris Christie, Christie, that’s, “ Trump, it’ll, she’s, I’d Organizations: Trump, The New York Times, Republican, CNN, Iowa, America, Iowa State University, NBA, Republicans, Republican Party, Associated Press, NBC, CBS, Iowa Republican, New, astead herndon, New Hampshire, Democrat, New Hampshire Republican, Prosperity Locations: Iowa, New Hampshire, I’m Astead Herndon, , Iowa, Ames , Iowa, Des Moines, Trump, Troy, Ukraine, Congo, , New Hampshire, COVID, Indiana, Ames, , Hampshire, astead herndon, Portsmouth
WASHINGTON (AP) — Is a New Hampshire primary without the frontrunner on the ballot and no delegates up for grabs still a New Hampshire primary? In the 2020 New Hampshire Democratic primary, write-in votes comprised only 2% of the total vote, or about 6,000 votes. As the number of write-ins for Biden and “Other write-ins” goes up, the number of unprocessed write-ins will go down. A total of 21 Democrats will appear by name on the New Hampshire primary ballot on Tuesday, in addition to the option to vote for a write-in candidate. She received 99% of the write-in votes cast, but the final result wasn’t known for more than two weeks after Election Day.
Persons: Ray Buckley, Biden, Lyndon Johnson, Minnesota Sen, Eugene McCarthy, David Scanlan, , there’s, , Scanlan, ” Scanlan, ‘ Biden, , Joe, Joe ’, unprocessed, Barack Obama, Hillary Clinton, Sen, Lisa Murkowski Organizations: WASHINGTON, Granite State, Republican, Democratic, Democratic National Committee, The New Hampshire Democratic Party, DNC, NY Yankees, New, New Hampshire Democrats, Minnesota, New Hampshire Democratic, WMUR, The New, Associated Press, AP, Republicans, Convention Locations: New Hampshire, Granite, Iowa, Chicago, The New Hampshire, Michigan, Florida, Sens, Alaska
How Group Chats Rule the World
  + stars: | 2024-01-16 | by ( Sophie Haigney | ) www.nytimes.com   time to read: +6 min
We often get glimpses of such group chats in court filings, the familiar blue-and-white bubbles of iMessage screenshotted and laid out as evidence. I know of a group chat in which, among other things, a group of successful men trade investment tips and even function sometimes as a de facto investment group. You have to wonder what was being said in this “200+ tech founders” group chat before the bank run. The dynamics of group chats — who is in them, who is not — might seem like the adult version of kids’ jockeying for a lunch table. One of my favorite group chats, now defunct, was among me and two friends I was suddenly becoming closer to.
Persons: I’m, Sean Hannity, Laura Ingraham, Tucker Carlson, Carlson, he’d, ” Ingraham, , , people’s, Sam Bankman, Fried, , , someone’s Organizations: Systems, Fox News, Trump, MSNBC, Australian Financial, Valley Bank, Twitter, Spotify Locations: Hayes Valley
It is a feat former President Donald Trump is trying to duplicate this year. The first true test of Trump’s comeback occurs Monday in Iowa, where caucusgoers will venture into sub-zero temperatures to choose between Trump, Florida Gov. After months of speculation, we’ll finally get some answers to a few questions: Is there an opening for any Republican aside from Trump? Most of our contributors thought Haley won Wednesday’s CNN debate in Iowa against DeSantis, but Trump’s absence from the stage again loomed large. “Haley sounded like someone looking to take on the genuine article — the Republican frontrunner,” wrote W. James Antle III.
Persons: George Washington’s, Grover Cleveland, , Troy Senik, Donald Trump, Cleveland, , , Republican frontrunner’s, Cleveland didn’t, Benjamin Harrison —, Ron DeSantis, Nikki Haley, Vivek Ramaswamy, we’ll, Will DeSantis, he’s, Haley, Wednesday’s, “ Haley, James Antle III, , ” Clay Jones, Chris Christie, Trump, ” Antle, who’s, Facebook Sophia, Nelson, “ Haley isn’t, Todd Graham, she’d, it’s, ” DeSantis, John Avlon, Laurence Tribe, Norman Eisen, Taylor Redd, Florence Pan, John Sauer, ” Bill Bramhall, Frida Ghitis, Ghitis, DeSantis, Julian Zelizer, Dean Obeidallah, Nikki Haley’s Lisa Benson, Peter Bergen, Prince Mohammed Bin Salman, Biden, ” Walt Handelsman, Max, Drew Sheneman, Hassan Shahidi, Shahidi, Oprah, Oprah Winfrey, John Salangsang, Adrienne Bitar, WeightWatchers, couldn’t, Rose Blanchard, Sarah Gundle, Blanchard, Claudine ‘ Dee Dee ’ Blanchard, Gypsy Rose, ” Dee Dee, Gundle, Dee Dee Blanchard, Pope Francis, ” Jill Filipovic, Filipovic, Pope, ” Lloyd Austin’s, Lloyd Austin, Joe Biden, Austin, isn’t, Bill Bramhall, “ Oppenheimer, “ Barbie, “ Barbie ”, Gene Seymour, Oppenheimer, Emma Stone, ” Seymour, Don’t, Michael Bociurkiw, Ukraine Lanhee J, Chen, Noah Berlatsky, Belichick Bill Belichick, Vince Lombardi, Jeff Haynes, Bill Belichick, Will Leitch, Jeff Pearlman, Nick Saban, ” “ Belichick, Saban, ’ Pearlman, Lou Piniella, Organizations: CNN, University of Michigan, Cleveland, Republican, Trump, Trump , Florida Gov, Wednesday’s CNN, DeSantis, New, New Jersey Gov, Twitter, Facebook, Florida Gov, DC, Agency, Capitol, GOP, US, UK, Alaska Airlines, Boeing, Max, Portland International, Flight, Foundation, Golden Globe, Globes, Catholic, Biden, Warner Bros ., Academy, Hollywood Foreign Press Association, Belichick, New England Patriots, Reliant, Patriots, Carolina Panthers, Getty, Super, Football, NFL, Minor League NFL, University of Alabama, Schlitz, Seattle Mariners Locations: Cleveland, Iowa, Trump , Florida, Trump, New Hampshire, New Jersey, Graham, Houthi, Yemen, Red, , Saudi Arabia, Saudi, Bergen, Iran, Iraq, Iranian, Oregon, Beverly Hills , California, Ukraine, Houston , Texas, AFP, Swiss
A bill proposing a federal holiday honoring Martin Luther King Jr. was first introduced in 1968. Martin Luther King Jr. Day is the second federal holiday of every calendar year (after New Year's Day). The first time Martin Luther King Jr. Day was officially observed was in 1986, according to Time. AdvertisementSouth Carolina became the last state, in 2000, to officially designate Martin Luther King Jr. Day as a federal holiday. As part of Martin Luther King Jr. Day, public schools and universities are closed, and it's a bank holiday.
Persons: Martin Luther King Jr, Ronald Reagan, , that's, Holiday Bill, King, . King, Bill, John Conyers of, Congressional Black Caucus —, Republican Sen, Edward Brooke of Massachusetts, didn't, Stevie Wonder, Robert E, Lee, George Washington, Christopher Columbus, Conyers Organizations: Service, MLK, National Museum of, Democratic Rep, Congressional Black Caucus, Republican, Confederate, USPS Locations: Memphis , Tennessee, Memphis, John Conyers of Michigan, Washington, Carolina, Alabama, Mississippi
CNN —A New York judge ordered Donald Trump to pay $392,638 in legal fees to The New York Times after his failed lawsuit against the news outlet and its journalists over the disclosure of his tax information in a 2018 Times article, according to court documents. “The revised anti-SLAPP law was specifically designed to apply to lawsuits like this one,” Judge Reed wrote. Donald Trump alleges she broke a prior settlement agreement when she gave his tax records to the New York Times reporter. The judge also denied Mary Trump’s applications to be reimbursed for legal fees in that order. An attorney for Mary Trump declined to comment on the ruling Friday.
Persons: Donald Trump, Robert R, Reed, Trump, , , Danielle Rhoades Ha, ” Trump’s, Mary Trump, Mary Trump’s, Donald Trump’s, Alina Habba, Mary, ” Habba, ” CNN’s Jon Passantino, Kristen Holmes Organizations: CNN, New York Times, Times, New, , NY Times Locations: York, New York
Trump wants to deliver part of his NY fraud trial closing statements himself, ABC News reported Tuesday. Under state civil-practice rules, defendants can help make closing arguments with court approval. AdvertisementFormer President Donald Trump wants to deliver part of his New York fraud trial closing arguments himself on Thursday, ABC News reported. There would be little downside for the judge in approving Trump's request, he added, noting, "He'd never be reversed on appeal over this." AdvertisementIn delivering closing arguments, Trump would be bound by the same rules as an attorney would, Kuby said.
Persons: Trump, , Donald Trump, Arthur Engoron, Alina Habba, Ron Kuby, Engoron, Kuby, He'd, Michael Farkas, it's, Farkas, Letitia James, James, Allen Weisselberg, Jeff McConney Organizations: ABC News, Service, New, Trump, New York Law, Civil, New York, Trump Organization, Trump Org Locations: York, New York City, New
DES MOINES, Iowa (AP) — Three senior members of a super PAC backing Florida Gov. Ron DeSantis left the group on Saturday, the latest sign of instability within the 2024 hopeful's political operation just six weeks before the Iowa Republican caucuses. Longtime DeSantis ally Scott Wagner, who had been a member of the group's board, was named interim CEO and board chairman. DeSantis' campaign has relied heavily on Never Back Down for basic campaign functions, though the two sides cannot directly coordinate under federal campaign finance rules. Never Back Down has more staff working in Iowa, more than two dozen, than any campaign or super PAC and have been organizing ahead of the precinct-level caucuses since June.
Persons: Ron DeSantis, Kristin Davison, Chris Jankowski, Erin Perrine, Matt Palmisano, Scott Wagner, Donald Trump's, Nikki Haley, DeSantis, Jankowski, Adam Laxalt, DeSantis ’, Jeff Roe, Texas Sen, Ted Cruz, Glenn Youngkin, Perrine, Matt Wolking, Jessica Syzmanski, Roe, David Polyansky, Polyansky, Casey, “ Scott Wagner, Trump, Ron DeSanctimonious, , ___ Peoples, Meg Kinnard, Michelle L, Price Organizations: DES, Florida Gov, Iowa Republican, Saturday, Politico, United Nations, Former Nevada, Republican, Texas, Virginia Gov, PAC, Florida, Gov, ___, Associated Press Locations: DES MOINES, Iowa, United States, New York, Columbia , South Carolina, Des Moines , Iowa
The jury ruled last week that the egg producers used various means to limit the domestic supply of eggs to increase the price of products during the 2000s. The damages verdict was reached Friday in the Northern District of Illinois. According to federal antitrust law, the damages are automatically tripled, bringing the total to over $53 million. Court documents on the verdict were not readily available Friday evening, but statements from the manufacturers' attorney and one of the egg producers confirmed a total of about $17.7 million. Email messages sent to the United Egg Producers and United States Egg Marketers representatives were not immediately returned Friday.
Persons: , ” Brandon Fox, John Rust, Rust, General Mills, “ Rose Acre, ” “, Jim Banks, , Banks, ” Rust, Donald Trump, Republican Mike Braun Organizations: INDIANAPOLIS, , U.S, Northern District of Illinois, U.S . Senate, Kraft Foods Global, Inc, Kellogg Company, General, Nestle USA, Maine Foods, United Egg Producers, United, United States Egg, Rust ., Cal, Company, Rep, , Hoosiers, Indiana’s, State, Republican, GOP, Indiana Republican Party Locations: Illinois, Northern District, Indiana, Cal, United States, Acre, U.S, ” “ Cal
George Santos sat down with a group of reporters the day before he was expelled. "I was an opposer of gay marriage," Santos said in response to a question about his relationships with more conservative House Republicans, according to audio obtained by Business Insider. AdvertisementIt just so happened to be the two-year anniversary of his own gay marriage to his husband, Matt. ❤️ pic.twitter.com/uoVTuVSTWp — George Santos (@MrSantosNY) November 30, 2023"I thought it should have been a civil union," said Santos, referring to the alternative to fully-recognized marriage that some proposed prior to the Supreme Court's legalization of same-sex marriage in 2015. "I'm not saying I oppose just gay marriage.
Persons: George Santos, , George Santos's, Santos, Matt, uoVTuVSTWp — George Santos, I'm, Marjorie Taylor Greene's, Ron DeSantis Organizations: Service, Republican, Capitol, , House Republicans, Business, Rep, Florida Parental Locations: Florida
Takeaways from the DeSantis-Newsom debate
  + stars: | 2023-11-30 | by ( Eric Bradner | ) edition.cnn.com   time to read: +8 min
Ron DeSantis opened a debate Thursday night on Fox News, Newsom told DeSantis the two had one thing in common. By the way, you’re down 41 points in your own state,” Newsom said. Hannity the ‘hall monitor’Hannity, the long-time conservative Fox host, opened the debate pledging to play a neutral role Thursday night. “It should be up to the mother and the doctor and her conscience.”What’s the value of a debate like this? Mostly, the more than 90-minute debate was DeSantis and Newsom accusing each other of lying and mischaracterizing the other’s records.
Persons: Gavin Newsom, Ron DeSantis, Newsom, DeSantis, , Sean Hannity, Joe Biden, Donald Trump, Hannity, Biden, Biden won’t, ” DeSantis, ” Newsom, , Trump, Ron, Newsom sneered, Kamala Harris ’, It’s Madame, Anthony Fauci, “ Donald Trump, ” “, “ Joe Biden, Sean, he’ll, ’ Hannity, didn’t, , “ Ron DeSantis, Newsom’s, “ It’d, I’m, ” Hannity Organizations: CNN, California, Florida Gov, Fox News, Red State, Democrat, Fox, Trump Trump, mispronouncing, Trump, DeSantis, Biden, Republican Party Locations: Florida, Red, Iowa, Mexico, Texas, DeSantis, California, United States
For an example of how climate change is increasingly becoming a flashpoint in the culture wars, Germany is a good place to start. Meanwhile, Spain’s far-right Vox party vowed to defend the country against “the new climate religion.”But to understand why climate change and the culture wars have become so enmeshed globally, experts say the United States probably holds the key. It’s effective, it does scare people.”The origins of the climate culture war in the US lie in the early 1990s, when a new push for global climate action collided with big geopolitical change, McCright said. Lightning rod for right wing mediaConservative media has played an outsized role in fueling culture war narratives, according to experts. Fox has “been laying the groundwork necessary for positioning climate policies as a culture war issue for a long time,” she said.
Persons: , stoked, , Miranda Schreurs, Anger, Green, Kristin Brinker, Jörg, Stephan Lewandowsky, Rishi Sunak, , ” Sunak, Vox, Ron DeSantis, ” DeSantis, Aaron McCright, McCright, ” McCright, , Brandon Bell, Lewandowsky, “ you’d, ” Alec Tyson, Alexandria Ocasio, Cortez, Sen, Ed Markey, Allison Fisher, Fisher, Fox, didn’t, Ed Matthew, Matthew said, Jennie King, ” King, Germany —, Matthew of E3G, ” Schreurs, “ it’s Organizations: CNN, Green Party, Technical University of Munich, University of Bristol, British, Justice, Florida Gov, Republican, Michigan State University, Oil, Republicans, Pew Research, Pew, Conservative, Massachusetts, Green, Deal, Fox, Media, Institute for Strategic Locations: Germany, Charlottenburg, Berlin, Europe, United States, West Texas, Florida, American, Kyoto, Soviet Union, Federal, Midland , Texas, Alexandria, Cortez of New York
Three Ukrainian men have been charged with treason in their home country. The trio helped Rudy Giuliani and the Trump campaign investigate Hunter Biden for the 2020 election. AdvertisementThree Ukrainian men — including a sitting politician — helped the Trump campaign investigate Hunter Biden before the 2020 election. The prosecution effort marks another key consequence of Trump's years-long quest to attack Hunter Biden — and, as a result, discredit his father. Additionally, Trump's call to Zelenskyy asking for help investigating Hunter Biden and other Democrats was a key factor in his first impeachment in 2019.
Persons: Rudy Giuliani, Trump, Hunter Biden, , Oleksandr Dubinsky, Andriy Derkach, Kostyantyn Kulyk, Prosecutors, Vladimir Alekseyev, Dubinksy, Dubinsky, Volodymyr Zelensky's, Kulyk, Joe Biden, Derkach, Giuliani, Hunter Biden —, baselessly Organizations: Prosecutors, Service, BBC, Russian, European Union, NATO, State, Bureau, Reuters, New York Times, Burisma Holdings Locations: Ukraine, United States, Russian, China
Opinion | Checks and Balances Are for Losers
  + stars: | 2023-11-14 | by ( Jamelle Bouie | ) www.nytimes.com   time to read: +2 min
As several of my Times colleagues reported last week, he hopes to institute a program of mass detainment and deportation of undocumented immigrants. Trump also intends to circumvent the 14th Amendment so that he can end birthright citizenship for the children of unauthorized immigrants. They may fail — in fact, they often do — but presidents try to keep their campaign promises and act on their campaign plans. He said he would “build a wall,” and he tried to build a wall. He said he would try to keep Muslims out of the country, and he tried to keep Muslims out of the country.
Persons: Trump, — Trump, , ” Trump, we’ll, Locations: U.S, Mexico, United States
For high-powered Wall Street and banking executives, one of the hallmarks of the job comes into play only at the end: a signed noncompete agreement. Five months ago, the State Legislature passed a bill that would outlaw noncompete agreements, one of several efforts nationwide in recent years to protect a range of employees. All kinds of workers — from doctors to hairstylists to sandwich makers — are sometimes unknowingly trapped by the restrictive clauses. But as the implications of a ban at New York City’s most powerful industries have come into focus, so has a deep-pocketed lobbying effort to persuade Gov. Kathy Hochul to not sign it into law — or at least blunt its impact.
Persons: Kathy Hochul Organizations: New York ., State Legislature, Gov Locations: New York
What to watch on Election Day
  + stars: | 2023-11-07 | by ( Gregory Krieg | Arit John | Daniel Strauss | ) edition.cnn.com   time to read: +10 min
CNN —Abortion rights are on the ballot Tuesday as Americans head to the polls for state and local races that will set the stage for next year’s presidential election. (Both oppose abortion rights.) Abortion (literally) on the ballot in OhioThe 2022 midterm elections showed that when abortion rights are on the ballot, voters overwhelmingly favored protecting or expanding access. This is the only abortion rights ballot initiative before voters this year. Though not explicitly on the ballot, abortion has featured prominently in the campaign, with Beshear arguing that Cameron will double down on the commonwealth’s already harsh restrictions.
Persons: Roe, Wade, Tate Reeves, Democrat Brandon Presley, Reeves ’ foibles, Elvis Presley, , Former City Councilmember Cherelle Parker, Sheila Jackson Lee, Sen, John Whitmire, Gabe Amo, Republican Gerry Leonard, David Cicilline, Glenn Youngkin, Youngkin, He’s, he’s, what’s, don’t, hasn’t, Court’s Dobbs, Mike DeWine, , Andy Beshear, Daniel Cameron, Beshear, Cameron, John Fetterman, Mehmet Oz, Daniel McCaffery, Max Baer, Carolyn Carluccio, Brett Favre, Brandon Presley, Presley, Reeves Organizations: CNN, Democrats, Republicans, Court, Democrat, Republican Gov, Former City, Republican, Democratic, Rep, House, Virginia Gov, Senate, Delegates, PAC, Kentucky, Kentucky Kentucky Gov, GOP, Trump, Beshear, Black Republican, Pennsylvania Democrats, NFL, Mississippi Public, Black, Southern Democrats, Southern Democrat, NJ Democrats, New York GOP, New Jersey Legislature, New York City Council Locations: Kentucky , Pennsylvania, Virginia, Ohio, Ohio –, Mississippi, Pennsylvania, New Jersey, New York, Philadelphia, Houston, Rhode Island, state’s, Richmond, Kentucky Kentucky, Kentucky, Southern, Presley . Mississippi, NY, Gotham
“But it’s not.”Kammer's course, The Taylor Swift Effect, planned for the spring semester looks to be the first law school class based on the sequined musical icon. After attending a Swift concert in Minneapolis in June, Kammer said he was inspired to develop the writing-intensive class, available to second- and third-year law students. Pop culture-focused law classes are not uncommon, and they can create a public relations buzz for the schools that offer them. Boston University law professor Jessica Silbey, who co-authored a textbook on pop culture and the law, said students tend to be more engaged when they study subjects such as sports, new technology and celebrities. The University of California at Berkeley this week announced an upcoming business course based on Swift’s entrepreneurship.
Persons: Sean Kammer's, Taylor Swift, , Kammer, it’s, Taylor, Rick Ross, Jessica Silbey, Swift, ” Kammer, Read, Trayveon Williams, Karen Sloan Organizations: University of South, University of Virginia School of Law, Georgia State University College of Law, Boston University, South Dakota Law, University of California, Stanford, Stanford , New York University, University of Texas, Bengals, Thomson Locations: University of South Dakota, Minneapolis, Berkeley, Stanford ,
Mr. Johnson, the Louisiana Republican who has personally voted against sending military aid to Kyiv, released a $14 billion aid bill for Israel on Monday. But Mr. Johnson spurned that request, in an acknowledgment of how toxic funding for Ukraine has become among Republicans. agents,” Mr. Johnson said. “Instead of advancing a serious proposal to defend Israel, defend Ukraine and provide humanitarian aid, this House G.O.P. My guess is you can get Ukraine aid passed, probably as a stand-alone bill here.
Persons: Mike Johnson’s, Biden, Johnson, Biden’s, Fox News’s, ” Mr, Chuck Schumer, Mr, Kevin McCarthy, Thomas Massie of, Marjorie Taylor Greene, , , Ms, Greene, , Steven Ellis, MacGuineas, Mitch McConnell of, , Schumer, McConnell, Oksana Markarova, I’ve, Johnson’s, Susan Collins of, “ I’m, Josh Hawley, Let’s, Hawley, McConnell “, let’s, Patty Murray, Antony J, Blinken, ” Zach Montague Organizations: Senate, Louisiana Republican, Internal Revenue Service, Israel, Fox, Democratic, Republicans, United, Taxpayers, Federal Budget, Biden, Republican, University of Louisville, Ukraine, Mr Locations: Israel, Ukraine, Louisiana, Kyiv, Taiwan, United States, New York, Marjorie Taylor Greene of Georgia, Mitch McConnell of Kentucky, America, Kentucky, Ukrainian, Susan Collins of Maine, Gaza, Josh Hawley of Missouri, Washington, Russia, Iran
The DOL’s proposed rule seeks to ensure “all retirement investors receive the same quality of investment advice regardless of product or services,” said DOL Acting Secretary Julie Su in a call with reporters. Across all retirement products, “requiring advisers to make recommendations in the savers’ best interest can increase retirement savers’ returns by between 0.2% and 1.20% per year. Industry pushback expectedThe new proposed rule follows earlier attempts by the Labor Department to broaden and standardize the circumstances in which financial advisers must act in retirement savers’ best interests. It is not clear yet whether the changes called for in the latest proposed rule will be sufficient to quell the opposition earlier versions faced. But industry pushback is expected, including from the Insured Retirement Institute, a trade association for the insured retirement industry.
Persons: Biden, , , Julie Su, , , DOL Organizations: New, New York CNN, Department of Labor, Securities and Exchange Commission, White, Industry, Labor Department, IRI, CNN, Locations: New York, DOL
I have opposed efforts to ban deadly weapons of war, like the assault rifle used to carry out this crime. For the good of my community, I will work with any colleague to get this done in the time that I have left in Congress. Representative Jared Golden of Maine, a centrist Democrat, called for a ban on assault weapons Thursday afternoon, reversing a long-held stance after 18 people were killed in a mass shooting in Lewiston. That position, Mr. Golden said on Thursday, reflected in part “a false confidence that our community was above this, and that we could be in full control, among many other misjudgments.”“The time has now come for me to take responsibility for this failure,” Mr. Golden said. Standing by him at a news conference, Senator Susan Collins, a centrist Republican, declined to back a ban on assault weapons.
Persons: Jared Golden of, Golden, , Mr, , Susan Collins, “ There’s, Alexandria Ocasio, Golden’s, Organizations: United States Congress, Democrat, Marine Corps, Republican, Republicans — Locations: Lewiston , Maine, Lewiston, Jared Golden of Maine, Cortez, New York
The conceptual frames that many people use to organize their understanding of the world are crashing and burning upon contact with Middle Eastern reality. The first paradigm that failed this month was critical race theory or woke-ism. A group of highly educated American progressives cheered on Hamas as anti-colonialist freedom fighters even though Hamas is a theocratic, genocidal terrorist force that oppresses L.G.B.T.Q. American universities exist to give students the conceptual tools to understand the world. It appears that at many universities students are instead being fed simplistic ideological categories that blind them to reality.
Persons: Mounk, It’s, Israel, , Boko Haram Locations: American, Nigeria
Representative Jared Golden of Maine, a centrist Democrat, called for a ban on assault weapons Thursday afternoon, reversing a long-held stance after 18 people were killed in a mass shooting in Lewiston. Mr. Golden, a Marine Corps veteran, has repeatedly broken with his party to oppose legislation that would ban assault weapons, a policy that Democrats have repeatedly tried and failed to revive in the nearly two decades since it lapsed. That position, Mr. Golden said on Thursday, reflected in part “a false confidence that our community was above this, and that we could be in full control, among many other misjudgments.”“The time has now come for me to take responsibility for this failure,” Mr. Golden said. Standing by him at a news conference, Senator Susan Collins, a centrist Republican, declined to back a ban on assault weapons. Representative Alexandria Ocasio-Cortez, Democrat of New York, one of the most liberal lawmakers in the House, called Mr. Golden’s comments “powerful, brave and moving” on social media.
Persons: Jared Golden of, Golden, , Mr, , Susan Collins, “ There’s, Alexandria Ocasio, Golden’s, Organizations: Democrat, Marine Corps, Republican, Republicans — Locations: Jared Golden of Maine, Lewiston, Cortez, New York
Rep. Mike Johnson, the new speaker of the House, is in a "covenant marriage." Johnson told a reporter in 2001 that he had encouraged other friends to do the same thing. Under Louisiana state law, couples sign a document in which they agree to seek marital counseling before getting a divvorce. "A covenant marriage agreement may not be dissolved, rescinded, or otherwise terminated by the mutual consent of the spouses," reads the relevant portion of Louisiana state law. "Because so few people have chosen covenant marriage in Louisiana, it seems like an unpopular idea," he said at the time.
Persons: Mike Johnson, Johnson, , he'll, Mike Johnson of, Kevin McCarthy's, I've, Kelly, Kelly Johnson, It's, — it's Organizations: Service, Republican, ABC Locations: Mike Johnson of Louisiana, Louisiana, Arizona, Arkansas, I'm
Many housing advocates are also disappointed that Newsom vetoed a bill — AB 309 — to create "social housing" on government-owned land. Resnikoff, whose organization endorsed the effort, noted that the state's current fiscal conditions make it very hard to pass housing policy that requires funding. Advocates are quick to point out that California housing policy has impacts far beyond its borders. How effectively California deals with its housing affordability issues also directly impacts other states' housing markets. The migration of California residents to places from Texas to Oregon has put additional pressure on those states to provide even more housing.
Persons: Gavin Newsom, , Ned Resnikoff, Chris Elmendorf, State Sen, Scott Wiener, Elmendorf, San Francisco Mayor London Breed, Breed, that's, Resnikoff, Brittany Murray, Newsom, Alex Lee, Lee, Eric Adams Organizations: Service, California, UC Davis, UC Berkeley, State, San Francisco Mayor London, Bloomberg, UC Berkeley's Terner, Housing Innovation, Habitat, Getty, New York City Locations: California, Francisco, San Francisco, Washington, Long, Greater Los Angeles, Vienna, Austria, Singapore, Central, Southeast Asia, New, Texas, Oregon
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