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☆ Biden finalizes increases to China tariffs
▼ + stars: | 2024-09-13 | by ( Katie Lobosco | ) edition.cnn.com time to read: +2 min

Washington CNN —The Biden administration said Friday that it has finalized tariff hikes on certain Chinese-made products that the president first announced in May. The administration’s increases come as Vice President Kamala Harris and former President Donald Trump have clashed over tariffs on the campaign trail. Trump implemented sweeping tariffs on about $300 billion of Chinese-made products when he was in office. “Today’s finalized tariff increases will target the harmful policies and practices of the People’s Republic of China that continue to impact American workers and businesses,” US Trade Representative Katherine Tai said in a press release. China is expected to retaliate by increasing tariffs on US-made goods.

Persons: Washington CNN —, Biden, Kamala Harris, Donald Trump, Harris, Trump, Joe Biden, Today’s, Katherine Tai, Wang Wenbin, ”, He’s, Kayla Tausche Organizations: Washington CNN, US Trade Representative’s, US, Trade Organization Locations: People’s Republic of China, China

☆ Biden signals openness to using Western long-range missiles inside Russia as he meets Britain’s leader to discuss
▼ + stars: | 2024-09-13 | by ( Kevin Liptak | ) edition.cnn.com time to read: +9 min

The president has long resisted calls from Ukrainian officials to ease restrictions on the weapons. “We’re working that out right now,” Biden said when questioned this week whether he would permit Western-provided long-range missiles to target military sites like airfields, missile launchers, fuel tanks and ammunition depots inside Russia. Still, that the conversation over long-range weapons is happening at all is an indication of how stalled battlefield dynamics are causing western leaders to rethink their approach. The revelation that Iran has been providing Russia with ballistic missiles has changed the debate over Ukraine’s capabilities, Lammy said. Earlier in the week, the bipartisan congressional Ukraine caucus called on Biden to allow Ukraine to strike targets inside Russia with the long-range weapons.

Persons: Joe Biden, Biden, ” Biden, Friday’s Biden, Starmer, Vladimir Putin, Putin, Volodymyr Zelensky, Antony Blinken, “, it’s, we’ll, ” Blinken, Andrii Sybiha, David Lammy, Lammy, Defense Lloyd Austin, ” Austin, Ukraine’s, Sen, Ben Cardin, Jeanne Shaheen of, ” Shaheen, ” Organizations: Washington CNN, British, White, US, Army Tactical Missile Systems, Ukrainian, National Security, Labour Party’s, NATO, Defense, Ukraine Defense Contact Group, Defense Department, Ukraine “, Senior, Senate Foreign Relations, Biden, Republican Locations: Ukraine, Russia, Ukrainian, United Kingdom, Kyiv, France, Iran, Western, Kursk, Washington, Russian, United States, British, Germany, Crimea, Ben Cardin of Maryland, Jeanne Shaheen of New Hampshire

☆ Smartmatic’s case against Newsmax over 2020 election lies will proceed to trial this month, judge rules
▼ + stars: | 2024-09-12 | by ( Marshall Cohen | ) edition.cnn.com time to read: +4 min

Instead, Davis concluded that key questions about Newsmax’s actions in 2020 would be weighed by a jury, barring a pre-trial settlement. “Newsmax reported on allegations regarding the Election and Smartmatic, but there remains a dispute as to whether Newsmax recklessly disregarded the truth,” Davis wrote. “With these facts, a reasonable jury could find Newsmax was reporting on a matter of public concern without endorsing the allegations surrounding the Election,” Davis wrote. If the outlet doesn’t settle, its executives and on-air personalities could be forced to publicly testify about their contacts with Trump during the 2020 election and their controversial post-election coverage. The judge also went out of his way to make clear that nothing in his ruling is meant to suggest that there was anything questionable or illegitimate about the 2020 election results.

Persons: Newsmax, Eric Davis, Newsmax’s, Davis, “ Newsmax, ” Davis, “, Smartmatic, Donald Trump, ”, Erik Connolly Organizations: Washington CNN, Delaware, Newsmax, Trump, Dominion Voting Systems, CNN Locations: Los Angeles County, Los Angeles

☆ Fact check: Trump falsely claims every poll says he won the debate
▼ + stars: | 2024-09-12 | by ( Daniel Dale | ) edition.cnn.com time to read: +4 min

As of Thursday morning, every major scientific poll about the debate — every poll that used random sampling techniques to try to obtain a representative picture of US public opinion — had found that Harris won. YouGov poll (2,166 registered voters who said they watched): 54% said Harris won the debate, 31% said Trump won, 14% weren’t sure. Leger poll for the New York Post (1,002 US adults who said they watched): 50% said Harris won the debate, 29% said Trump won, 21% said nobody won or that they didn’t know. So while scientific polls are certainly imperfect, it’s clear that Trump’s claim that he won the debate “according to every poll” is wrong. But its poll, too, was a junk poll; C-SPAN simply posted an open question on the social media platform X, formerly known as Twitter.

Persons: Donald Trump, Hillary Clinton, Joe Biden, Kamala Harris, ” Trump, —, Harris, Trump, Leger, Republican pollster, ” Organizations: Washington CNN, CNN, New York Post, Democratic, Republican, Trump, Fox News, Fox, SPAN, Twitter Locations: Newsmax

☆ Marjorie Taylor Greene calls far-right activist Laura Loomer’s rhetoric ‘huge problem’ that ‘doesn’t represent MAGA’
▼ + stars: | 2024-09-12 | by ( Clare Foran | ) edition.cnn.com time to read: +4 min

Appearing dazed and flustered by an unfamiliar and fast-changing political landscape upended by Harris becoming the Democratic presidential nominee, Trump has unleashed a torrent of mean-spirited missives, race-baiting insults and conspiratorial broadsides that even close allies and donors have acknowledged as unproductive in recent days. Loomer told CNN of the post: “It’s interesting how the media wants to, once again, falsely accuse me of being a racist. This is a woman who is on video cooking Indian food with Indian celebrities talking about how she likes cooking with curry.”Asked by Raju about Loomer, Greene said on Thursday, “I have concerns about her rhetoric and her hateful tone. And that doesn’t represent MAGA as a whole.”“I just felt like it was time to call it out. In May, Democratic Rep. Jasmine Crockett criticized Greene, calling her “racist,” following a tense House Oversight markup that quickly devolved into personal attacks.

Persons: Marjorie Taylor Greene, Laura Loomer, doesn’t, MAGA, Greene, Loomer, Kamala Harris, ” Greene, ”, Trump, CNN’s Manu Raju, Donald Trump, Harris, Raju, “, President Trump, I’m, Jasmine Crockett, Crockett, Abby Phillip, –, CNN’s Alayna Treene, Kristen Holmes, Steve Contorno, Kit Maher Organizations: Washington CNN, GOP, Georgia Republican, Democratic, Trump, Republican Party, CNN, ”, Democrats, Republicans Locations: Georgia, Loomer

☆ Mortgage rates fall to lowest level since February 2023
▼ + stars: | 2024-09-12 | by ( Bryan Mena | ) edition.cnn.com time to read: +3 min

Washington CNN —Mortgage rates fell this week to the lowest point since February 2023, in a welcome sign for Americans grappling with a tough housing market. The standard, 30-year fixed-rate mortgage averaged 6.20% in the week ended September 12, mortgage financing giant Freddie Mac said Thursday. Mortgage rates started to drop early last month on news affirming lower interest rates in the future, specifically after a weaker-than-expected jobs report for July, and have gradually edged lower since. “Mortgage rates have fallen more than half a percent over the last six weeks and are at their lowest level since February 2023,” Sam Khater, Freddie Mac’s chief economist, said in a release. The Fed doesn’t directly set mortgage rates, but its action do influence them through movements in bond yields.

Persons: Freddie Mac, ” Sam Khater, Freddie Mac’s, that’s, Lawrence Yun Organizations: Washington CNN —, “, Federal Reserve, Treasury, Las, P Global, Apple, Fed, National Association of Realtors Locations: New York City, San Diego, Las Vegas, America, Los Angeles, Miami

☆ Harris campaign seizes on abortion exchange in Tuesday’s debate in new ad
▼ + stars: | 2024-09-12 | by ( Priscilla Alvarez | Donald Judd | ) edition.cnn.com time to read: +3 min

Washington CNN —The Harris campaign is launching a new abortion-focused ad Thursday, capitalizing on what officials believe was one of the most pivotal exchanges between Vice President Kamala Harris and former President Donald Trump during Tuesday’s presidential debate. Harris’ team prepared the vice president to confront Trump on nationwide abortion restrictions. The newly released ad includes both candidates’ responses on abortion on the debate stage. Harris, in response, ran through personal stories of women struggling to get health care while navigating abortion restrictions. Harris campaign officials spent Wednesday poring over footage of the debate to identify key moments to put into new campaign TV and digital ads, according to the campaign, seeking to amplify what they perceive to be the strongest debate exchange.

Persons: Harris, Kamala Harris, Donald Trump, Harris ’, Trump, “, ” Trump, Roe, Wade . Harris, ”, Walz, Julie Chavez Rodriguez, Joe Biden, Mark Robinson ., Roy Cooper, CNN’s Jeff Zeleny, Cooper Organizations: Washington CNN, Trump, GOP, Mark Robinson . North Carolina Democratic Gov, Labor Locations: Arizona, Nevada, North Carolina, Philadelphia

☆ Harris campaign guarding against overconfidence after her debate performance sent Democrats’ spirits soaring
▼ + stars: | 2024-09-12 | by ( Kevin Liptak | Kayla Tausche | ) edition.cnn.com time to read: +7 min

“Six-fifty yesterday morning, one of my township supervisors called me and wanted to know what I thought,” Dingell said. “That discussion brought me right back down to Earth.”Burned before by overconfidence, Democrats this cycle are running against two opponents. Huddled at their campaign headquarters in Wilmington, Delaware, the day after the debate, Harris’s campaign aides determined the event would likely do little to change the overall trajectory of the race. Campaign officials spent part of Wednesday looking through debate footage to identify moments that would make effective television ads. Gavin Newsom said on “CBS Mornings” on Tuesday ahead of the debate, rejecting the “underdog” label for Harris: “She’s not.

Persons: Washington CNN — Kamala Harris, Debbie Dingell, ” Dingell, Donald Trump, Harris, Harris’s, Harris —, Hillary Clinton’s, Joe Biden, —, Tim Walz, Robert F, Kennedy Jr, Trump, Harris “, haven’t, Doug Emhoff, ” Harris, ”, Al Gore, Dingell, “ There’s, it’s, Gavin Newsom, “ Organizations: Washington CNN, Michigan Democratic, CNN, overconfidence, Democratic, NC, Teamsters, National Association of Black Journalists, CBS Locations: Harris’s, Chicago, Wilmington , Delaware, North Carolina, Pennsylvania, Carolina, Washington, Philadelphia, Michigan, California

☆ Johnson emphasizes agreement with Trump on plan to tie government funding to election security bill
▼ + stars: | 2024-09-10 | by ( Haley Talbot | ) edition.cnn.com time to read: +3 min

“I think President Trump is saying exactly what I have been saying, and that is we need assurances on election security and to fund the government,” Johnson told CNN’s Jake Tapper on “The Lead” Tuesday. “I talked with the president a lot, President Trump, and that has always been my advice that we run this race on policy, on record, not rhetoric, on policy, not personality,” he said. On Vice President Kamala Harris, Johnson said, “She has a big, a big task ahead of her tonight. To this day, Joe Biden and Kamala Harris have not said the names of those service members. In fact, Joe Biden said on the debate stage in June that we hadn’t lost any service members on his watch.

Persons: Mike Johnson, Donald Trump, Republicans “ don’t, ”, “, Trump, ” Johnson, CNN’s Jake Tapper, Trump’s, Johnson, Kamala Harris, Joe Biden, Michael McCaul, Harris, Tapper, Kamala Harris’s, That’s Organizations: Washington CNN —, Republicans, Security, GOP, SAVE, noncitizens, House Foreign, Republican Locations: Kabul, Afghanistan, Texas

☆ House GOP funding plan clears key hurdle but remains at risk of failing
▼ + stars: | 2024-09-10 | by ( Clare Foran | ) edition.cnn.com time to read: +3 min

Washington CNN —A six-month House GOP government funding plan cleared a key hurdle on Tuesday, but remains at risk of failing as Speaker Mike Johnson attempts to navigate a shutdown fight with his narrow majority. The House voted 209-206 to approve a rule to govern debate for the funding plan, which includes a controversial measure that targets noncitizen voting. But at least six House Republicans have come out against the funding bill, which is enough to sink it in the House amid Democratic opposition, and the bill is considered dead-on-arrival in the Democratic-controlled Senate. The six-month funding plan from House Republicans would extend government funding until March 2025. Many House conservatives are also generally opposed to short-term funding bills, arguing instead in favor of spending cuts.

Persons: Washington CNN —, Mike Johnson, Biden, Donald Trump, Trump, don’t, ”, Johnson, CNN’s Manu Raju, “, “ I’m, “ I’ve, We’ll Organizations: Washington CNN, GOP, Republicans, Democratic, SAVE, noncitizens, Truth, Security

☆ Being a police officer is one of America’s hottest jobs right now
▼ + stars: | 2024-09-09 | by ( Bryan Mena | ) edition.cnn.com time to read: +6 min

The health care industry is still the leading job creator, though law enforcement is also seeing some momentum. A sizable chunk of those openings are in law enforcement. She added that there’s also been a huge spike in job postings on ZipRecruiter listing “law enforcement” as a desired skill. Bayer started the police officer application process with some reservations but eventually became convinced he was doing the right thing. But that could change if the job market keeps sliding.

Persons: George Floyd’s, That’s, ”, Julia Pollak, there’s, Ed Wessing, Mesa, “, ” Wessing, “ That’s, Johnathan Severs, Ramonedward Bayer, Bayer, ” Bayer, Seattle . Pollak, ZipRecruiter Organizations: Washington CNN, Labor Department, Police, CNN, “ Police, Mesa Police, The Mesa Police Department, Mesa, Hire, US Army, Seattle Police Department Locations: Phoenix, Mesa, Gilbert, Scottsdale, Chandler, Tempe, Colorado Springs , Colorado, Seattle

☆ Fact check: Trump and Vance keep falsely describing how tariffs work
▼ + stars: | 2024-09-09 | by ( Katie Lobosco | ) edition.cnn.com time to read: +8 min

Washington CNN —Former President Donald Trump and Republican vice presidential nominee Sen. JD Vance continue to falsely describe how one of their major policy proposals, across-the-board tariffs, would work. Trump has falsely, and repeatedly, claimed that China – not US importers – pay the tariff. Facts First: Trump and Vance’s claims about how tariffs work are false. Together, the price increases cost consumers more than $1.5 billion during the first year the tariffs were in place. It’s true that after Trump imposed tariffs on foreign-made steel, some American steel companies reopened mills and created new jobs.

Persons: Donald Trump, Sen, JD Vance, Trump, Kamala Harris, ” Trump, “, ” Vance, ” “, ”, Erica York, Joe Biden, Rick Muskat, Howard Gleckman, Jeff Ferry, Ferry Organizations: Washington CNN, Republican, Democratic, Fox News, Trump, Tax, US, US International Trade Commission, US Treasury, US Customs, Protection, Deer Stags, CNN, Brookings Tax, Coalition for, Prosperous, Tax Foundation, China Business Locations: China, Arizona, Wisconsin, American, United States, South Korea, Mexico, Prosperous America

Washington CNN —Vice President Kamala Harris has met more than 150 world leaders since becoming vice president. Still, Harris has not always been the first phone call for foreign leaders or officials looking to get a line into the White House. UkraineA month after Russia invaded Ukraine, Harris was dispatched to NATO’s eastern flank on a reassurance mission – one that also came with some sensitive diplomatic smoothing-over. For a foreign policy novice with aspirations for higher office, the war in Ukraine was a rigorous introduction to wartime diplomacy. She has vowed to continue to support Ukraine and impose costs on Russia,” an aide to the vice president said.

Persons: Kamala Harris, Benjamin Netanyahu, Joe Biden, ”, Biden, Harris ’, Harris, she’s, Donald Trump, –, Dana Bash, “, Dana, haven’t, —, Israel Harris, Netanyahu, Israel –, ” Harris, Harris “, Israel ”, Xi Jinping, Phil Gordon, Rebecca Lissner, Dean Lieberman, Antony Blinken, ” Lieberman, Volodymyr Zelensky, Nancy McEldowney, ” McEldowney, don’t, Jake Sullivan, John Kerry, Emmanuel Macron, Biden –, – Harris Organizations: Washington CNN —, Israeli, Democratic, Republicans, CNN, Biden, White, Israel, White House, American, United Nations General Assembly, UN, ”, Aboard Air Force, NATO, Munich Security Conference, “, Munich Security, Ukraine, Rue Coquilliere Locations: Afghanistan, Gaza, Israel, Ukraine, United States, New York, Washington , DC, Michigan, Pennsylvania, Port, Prince, Haiti, Russia, Poland, Warsaw, Washington, Romania, Munich, France, Paris, White, Rue

The addition of Gabbard is particularly notable given the tense exchanges she had with the vice president during their 2020 race that left Harris rattled. Trump’s team has been sketching out potential responses on reproductive rights with the expectation Harris will make that a focus during the debate. The Trump campaign has insisted the matter is settled. Thus far, no one is expected to sit in for Harris, just as no one played Biden ahead of the June debate. It’s the second time the vice president will visit the city this week after campaigning with Biden on Labor Day.

Persons: Donald Trump, Kamala Harris, Harris, —, Trump, Joe Biden, Tulsi Gabbard, Harris ’, Biden, Trump’s, Ohio Sen, JD Vance, Rohini Kosoglu, Karen Dunn, Sheila Nix, Sean Clegg, Philippe Reines, Hillary Clinton, Clinton, overconfidence, J.B, Pritzker, underestimating Trump, “, ”, “ They’re, ” Trump, Jason Miller, Vince Haley, Stephen Miller, Matt Gaetz, Don’t, Donna Brazile, Al, ” Brazile, “ Don’t, won’t, Mike Pence, Pence, Mr, ” Harris, It’s, Barack Obama Organizations: Washington CNN, National Constitution Center, Democratic, Trump, Biden, CNN, Illinois Gov, Republican, Florida, ABC, Union, Clinton, “, Labor Locations: Philadelphia, Hawaii, Bedminster, Mar, Lago, Manhattan, Harris, Trump, State, Pittsburgh, she’s, Maryland, Las Vegas, Williamsburg , Virginia

☆ Fact check: RFK Jr. claimed Biden was mentioned just twice at the RNC. It was nearly 400 times
▼ + stars: | 2024-08-23 | by ( Daniel Dale | ) edition.cnn.com time to read: +2 min

In contrast, at the RNC convention, President Biden was mentioned only twice in four days.”Facts First: Kennedy’s claim about Biden mentions at the Republican National Convention is not even close to true. The Republican vice presidential nominee, Sen. JD Vance, said the word “Biden” 12 times in his own convention speech. Trump himself said “Biden” twice in his convention speech (during a single reference), but Kennedy’s claim was about the Republicans’ four-day gathering as a whole. The false claim that Biden was mentioned a total of twice over the four days of the Republican convention has been circulating on social media this week. CNN has not conducted or seen a thorough independent analysis of the words used at the Democratic National Convention, which concluded yesterday.

Persons: Robert F, Kennedy Jr, Joe Biden, Kennedy, Donald Trump, Biden, Biden ”, Sen, JD Vance, Trump, “ Biden ”, Newt Gingrich, “ Biden, Mike Pompeo, Nikki Haley, Elise Stefanik, Matt Gaetz, Trump’s, Donald Trump Jr, Kari Lake Organizations: Washington CNN, Republican National Convention, Democratic National Convention, Republican, “, RNC, New York Times, Biden, Republicans ’, United Nations, CNN Locations: Chicago, New York, Florida, Kari Lake of Arizona

☆ ‘The time has come’: The Fed just sent a crucial message about its next move
▼ + stars: | 2024-08-23 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

And so does the broader US economy: Economic growth this year has been solid and the Atlanta Fed is projecting that growth hasn’t slipped. “The labor market is cooling, but it’s not getting soft. A slowing job market is also playing a role in nudging the Fed to ease borrowing costs. Translation: The recent weakness in the job market could result in American shoppers curbing their spending more than expected. A big question mark is the future of America’s job market, which is a key driver of the US economy.

Persons: Washington CNN —, “, Jerome Powell, ”, “ Powell, Seema Shah, hasn’t, ” Tom Porcelli, it’s, Powell, cooldown, ” Powell, aren’t, they’re, —, “ There’s, Elizabeth Renter Organizations: Washington CNN, Federal, Fed, Markets, Asset Management, Atlanta Fed, Treasury, CNN, Walmart, America’s Locations: Jackson Hole , Wyoming, nudging

☆ The one question on everyone’s mind about interest rates
▼ + stars: | 2024-08-23 | by ( Bryan Mena | ) edition.cnn.com time to read: +5 min

That’s precisely why the Fed is poised to cut interest rates in September for the first time since 2020. Therein lies the one question on everyone’s mind: How aggressively will the Fed ultimately cut rates? A high threshold for jumbo rate cutsThe Fed makes its decisions on interest rates consistent with what’s happening in the economy. Fed officials have mostly signaled that they’re finally ready to cut rates, but some have still expressed some hesitance. But, for now, there’s no emergency demanding the Fed cut rates aggressively next month, or any time later in the year.

Persons: Jerome Powell, pare, Price, Powell, “ They’re, ” Tani Fukui, they’re, Raphael Bostic, ” Powell, Ryan Sweet, Sweet, That’s Organizations: Washington CNN, Labor Department, Kansas City Fed, Fed, Traders, MetLife Investment Management, CNN, Atlanta Fed, Citi, Oxford Economics Locations: Unemployment, Jackson Hole , Wyoming

☆ Fact check: Trump made at least 20 false claims in his conversation with Elon Musk
▼ + stars: | 2024-08-13 | by ( Daniel Dale | ) edition.cnn.com time to read: +34 min

Here is a fact check:CrimeTrump claimed, “Our crime rate’s going through the roof.”Facts First: Trump’s claim is false. Facts First: Trump did express uncertainty about the number, but his “like 60 million or something” claim is false. They take ‘em out, and they bring them to the United States.”Facts First: Trump’s claim is baseless. He said, “With Ukraine, so we’re in for $250 billion and they’re in for about $71 billion.”Facts First: Trump’s claim is false. But Trump’s claim that the US has committed or provided far more aid than Europe is not true regardless.

Persons: Donald Trump, –, Elon Musk, Kamala Harris, Trump, Jeff Asher, ” Anna Harvey, “, we’ve, ”, Biden, Gary Griggs, Griggs, Harris, Harris “, ” Trump, wasn’t, Alejandro Mayorkas, Breitbart, ” Roberto Briceño, Venezuela’s, León, Joe Biden, ” Michelle Mittelstadt, can’t, Steven Cheung, Congo ’ Trump, Patrick Muyaya Katembwe, ” Serge Mombouli, Barack Obama’s, Obama, Obama’s, We’ll, Ukraine Trump, Europe Trump, Trump’s, Mike Pompeo, ” Pompeo, China, you’re, ‘, Iran haven’t, ” Matt Smith, Biden’s, Smith, Ali Vaez, Ronald Reagan’s, Barack Obama, George W, they’d, Scott Gottlieb, ” Gottlieb, General Merrick Garland, Musk, Alvin Bragg’s, Matthew Colangelo, Colangelo, Bragg, CNN’s Tami Luhby, William Montes Organizations: Washington CNN, Republican, Democratic, Public, New York University, CNN, Major Cities Chiefs Association, Biden, Global, Trump, NASA, Meteorological Organization, University of California, Oceanic, Fox News, The New York, White, Homeland, Central, “, Border, Venezuelan, of, Patrol, Republicans, Migration, Institute, Breitbart, Congo, PAC, Central America Trump, Obama, Customs Enforcement, Policy Institute, ICE, El Salvador, Electoral, Ukraine, Kiel Institute, European Union, European Automobile Manufacturers ’ Association, State, Americas, Crisis, Federal, Defense Department, Food and Drug Administration, FDA, Justice Department, New Locations: Trump’s, Santa Cruz, Gulf of Mexico, Florida, Mar, El Salvador, Guatemala, Honduras, United States, Mexico, Venezuela, “ Venezuela, Congo, Democratic Republic of Congo, Republic of Congo, Africa, Republic of, Washington, Europe, Ukraine, Germany, Kiel, ”, EU, Iran, Lebanon, Israel, China, that’s, Kpler, Malaysia, Afghanistan, Asia, Fulton County , Georgia, Manhattan, New York

☆ This industry is defying America’s slowing job market
▼ + stars: | 2024-08-10 | by ( Bryan Mena | ) edition.cnn.com time to read: +6 min

Enter America’s top job creator: The mighty health care industry. Demand for health care workers remains red hot, according to recent government data on job openings. In June, the health care and social assistance industry had the highest seasonally adjusted job openings rate of any industry, at 7.6%, well above the total rate across the job market of 5.5% that month. That has translated into fatter paychecks for health care workers compared to the general private sector. “Virtually every nurse or health care tech in the country has a job,” Girard said.

Persons: Washington CNN —, there’s, ”, Julia Pollak, ZipRecruiter’s, ” David Mafe, Mafe, it’s, “ We’ve, ” Mafe, “ We’re, Sebastien Girard, Girard, ” Girard, “, Pollak, ” Pollak, “ She’s, She’s Organizations: Washington CNN, Employers, Labor Department, CNN, “, Novant Health Locations: UCHealth, Denver, North Carolina, “, California

☆ Federal appeals court issues another blow to Biden’s student loan repayment plan
▼ + stars: | 2024-08-09 | by ( Devan Cole | Katie Lobosco | ) edition.cnn.com time to read: +2 min

Washington CNN —A federal appeals court delivered on Friday another blow to President Joe Biden’s student loan repayment plan, siding with Republican-led states that asked it to block further implementation of the plan until their challenge to it is resolved. Those borrowers have been placed in an interest-free forbearance during which they are not required to make monthly student loan payments. The high court is already considering a separate request from the administration stemming from another challenge to the plan. SAVE is one of the Biden-Harris administration’s key student loan policies. SAVE was launched soon after the Supreme Court knocked down Biden’s signature, one-time student loan forgiveness program last summer.

Persons: Joe Biden’s, Biden, ’, Raymond Gruender, George W, Bush, Ralph Robert Erickson, Leonard Steven Grasz, Donald Trump, Harris Organizations: Washington CNN, Republican, of Education, Circuit, Appeals, Department, Education, SAVE, Biden

☆ Mortgage rates plunge to lowest level in more than a year
▼ + stars: | 2024-08-08 | by ( Bryan Mena | ) edition.cnn.com time to read: +5 min

Washington CNN —US mortgage rates plummeted this week after weaker-than-expected employment data raised the odds of the Federal Reserve cutting interest rates next month. The standard 30-year fixed-rate mortgage averaged 6.47% this week, mortgage financing giant Freddie Mac said Thursday. Mortgage rates have steadily fallen over the past several weeks since reaching a 2024 peak of 7.22% in early May. Mortgage rates track the benchmark 10-year US Treasury yield, which moves in anticipation of the Fed’s decision on interest rates. Lower mortgage rates and a bigger housing stock will eventually entice more buyers to eventually enter the market.

Persons: Freddie Mac, That’s, ”, Sam Khater, Freddie Mac’s, “ Homebuyers, ” Lawrence Yun, Lisa Sturtevant, “ Organizations: Washington CNN, Federal Reserve, Las, P Global, Harvard Joint Center for Housing Studies, CNN, Treasury, National Association of Realtors, Fed, NAR, “, Bright MLS Locations: New York, San Diego, Las Vegas, Tampa, Denver, Minneapolis, United States

☆ Boeing insists it’s fixing itself. A lot of the folks talking to investigators don’t agree
▼ + stars: | 2024-08-07 | by ( Chris Isidore | Pete Muntean | ) edition.cnn.com time to read: +11 min

The door plug was removed at the Boeing factory in Renton, Washington, last September so that problems with some rivets could be repaired. But the necessary paperwork for that temporary door plug removal was apparently never created. But under questioning from the NTSB Lund admitted that it’s not clear who and when that door plug was put in place. “Are you 100% sure there will never be an unauthorized removal (of a door plug)?” Homendy asked. Asked if he could promise there will not be another door plug improperly installed, Silva answer, “I cannot make a promise or guarantee of that.

Persons: Max, –, Elizabeth Lund, Lund, it’s, Jennifer Homendy, Homendy, “, ” Homendy, ”, Hector Silva, ” Silva, Silva, J, Todd Inman, AeroSystems, Manuel Balce Ceneta, James Phoenix, ” Phoenix, ” Lund, Boeing’s, CNN’s Owen Dahlkamp, Danya Gainor, Celina Tebor, Nicki Brown, Ramishah Maruf, Samantha Delouya Organizations: Washington CNN —, Boeing, National Transportation Safety Board, Alaska Airlines, NTSB, Alaska Air, Boeing Commercial Airplanes, CNN, Federal Aviation, FAA, Federal Aviation Administration, Boeing . Workers, Toyota Locations: Renton , Washington, Alaska, Washington

☆ Boeing workers paint a picture of chaos and dysfunction in NTSB investigation
▼ + stars: | 2024-08-06 | by ( Chris Isidore | Pete Muntean | ) edition.cnn.com time to read: +10 min

The worker said there was no special training to open, close, or remove a door plug versus a regular door. But there were problems with the rivets by the door plug that needed to be repaired, so the door plug was removed so the work could be done. There were Spirit employees at the Boeing plant, but communication between the Boeing and Spirit workers on the floor of the Boeing factory wasn’t good, according to another interview transcript released Tuesday. But there were problems with five rivets near where the door plug was installed, and Boeing workers removed the door plug in order to fix those rivets. Boeing’s mounting problemsBut the probe is only one of the problems Boeing faces because of the incident.

Persons: Max, ”, “, haven’t, Jennifer Homendy, Elizabeth Lund, Lund, Doug Ackerman, Homendy, ” Homendy, CNN’s Owen Dahlkamp, Danya Gainor, Celina Tebor, Nicki Brown, Ramishah Maruf Organizations: Washington CNN — Workers, Boeing, National Transportation, NTSB, FAA, Spirit, Alaska Airlines, Max, Airplanes ’, Boeing Commercial Airplanes, FBI, Federal Aviation Administration, Justice Department, DOJ Locations: United States, Renton , Washington, Alaska

Officials are relying on multiple streams of intelligence, and there are divisions among national security officials on how and when Iran’s response might unfold. The relative uncertainty has left the Biden administration in a defensive crouch as it tries to rally allies and pressure Iran not to escalate tensions. The extent of the United States’ further involvement in the war largely depends on how exactly Iran responds to Haniyeh’s death. US destroyers helped shoot down ballistic missiles and drones launched by Iran at Israel in April. Biden and Vice President Kamala Harris also met with the administration’s national security team in the White House Situation Room later Monday afternoon.

Persons: Ismail Haniyeh’s, crouch, Haniyeh –, Fu’ad Shukr, Israel, Majdal Shams, United States ’, Cole, Biden, “, Kamala Harris, Matthew Miller, Miller, Jomana Karadsheh, Michael Conte, Alex Marquardt, Zahid Mahmood Organizations: Washington CNN, Washington, CNN, Biden, United, US Central Command, State Department, US, Command Locations: Tehran, Iran, Washington, Israel, Lebanon, Gaza, Hezbollah, United States, Majdal, Golan, Gulf, Oman, Jordanian, Syria

☆ Senate GOP blocks tax bill as Democrats spotlight child tax credit in election-year push
▼ + stars: | 2024-08-01 | by ( Clare Foran | Tami Luhby | ) edition.cnn.com time to read: +6 min

Washington CNN —Senate Republicans on Thursday blocked a bipartisan tax package that would have temporarily expanded the child tax credit and restored some business tax benefits. The Senate tax bill vote also gave Democrats an opportunity to push back against comments from Republican vice presidential candidate Sen. JD Vance of Ohio. Vance has falsely claimed that Vice President Kamala Harris, the presumptive Democratic presidential nominee, is calling to end the child tax credit. Harris has actually called for years to increase the child tax credit. “Democrats do not oppose the Child Tax Credit whatsoever.

Persons: ”, Sen, JD Vance, Ohio, Vance, Kamala Harris, Harris, Chuck Schumer, –, Ohio –, ” Schumer, Jason Smith, Ron Wyden, CNN’s Daniel Dale Organizations: Washington CNN —, Republican, Republicans, GOP, Democratic, Tax, Budget, Center, Oregon Democrat, Taxation Locations: Ohio, Missouri, Oregon, East Palestine , Ohio

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