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☆ USWNT 3-0 Zambia takeaways: Rodman and two-goal Swanson ensure Olympics start with a win
▼ + stars: | 2024-07-25 | by ( Jeff Rueter | Steph Yang | ) www.nytimes.com time to read: +11 min

It was a well-deserved opening after the U.S. had hammered at Zambia’s goal for 15 minutes straight, including two attempts off the crossbar and a first-minute toe-poke from Lindsey Horan that went just wide. 🤯 📺 USA Network & Peacock | #ParisOlympics pic.twitter.com/Dnx2xioNTC — NBC Olympics & Paralympics (@NBCOlympics) July 25, 2024Following Trinity Rodman’s opening goal, Zambia’s defense was caught in two minds. The additional open terrain catered to the dynamic forward line of Swanson, Smith and Rodman, as the trio weaved about to find pockets to exploit. After the game, Hayes said the decision was down to mitigating risks. (Photo by John Todd, Getty Images)A more expected, but very intriguing, change came in the 65th minute with Rodman, Swanson and Horan out for Casey Krueger, Nighswonger and Emily Sonnett.

Persons: Lindsey Horan, Trinity Rodman, Mallory Swanson, Emma Hayes, Zambia’s Pauline Zulu, Hayes, Sophia Smith, Rose Lavelle, Jeff Rueter, Steph Yang, Horan, Rodman, Swanson’s, Steph Yang Mal’s, Swanson, Emma Hayes ’, MALLORY SWANSON, S. Organizations: U.S, women’s, Zambia, Germany, Olympic Games, Australia, Chicago Red Stars, Olympics Locations: Nice, The U.S, Marseille, bamboozle, Republic of Ireland

☆ Chad Le Clos aims for second Olympic gold, aged 32
▼ + stars: | 2024-07-23 | by ( Daniel Renjifo | ) edition.cnn.com time to read: +10 min

Chad Le Clos: I’ve just turned 32, so obviously it’s a little bit of a different stage in my life. What it means for everyone in my, let’s say, Chad Le Clos bubble. Chad Le Clos (left) and Michael Phelps (right) show off their medals at the 2012 London Olympic Games. Chad Le Clos after competing in a semi-final of the men's 100m butterfly, at the 2024 World Aquatics Championships in Doha, February 16, 2024. Le Clos: I’m pretty confident I’ll be in LA, respectfully.

Persons: Chad Le Clos, ”, Dirk Lange, Le Clos, Michael Phelps, FABRICE COFFRINI, I’ve, Phelps, Penny Haynes, I’m, You’ve, Sebastien Bozon, Michael Phelps’s, That’s, don’t, Michael, you’ve, dog’s, we’ll Organizations: CNN, Paris Olympics, Commonwealth Games, London, AFP, Getty, Olympic, Paris, Athens Olympics, Atlanta Olympics, —, Getty Images CNN Locations: South, Tokyo, Germany, South Africa, German, Melbourne, Durban, AFP, London, Beijing, Doha, Budapest, Los, LA

☆ U.S., Japan to hold high-level security talks on nuclear deterrence
▼ + stars: | 2024-07-23 | by ( ) www.cnbc.com time to read: +3 min

Foreign and defense ministers from Japan and the United States will hold security talks on July 28 that for the first time will cover "extended deterrence", a term used to describe the U.S. commitment to use its nuclear forces to deter attacks on allies. Foreign and defense ministers from Japan and the United States will hold security talks on July 28 that for the first time will cover "extended deterrence," a term used to describe the U.S. commitment to use its nuclear forces to deter attacks on allies. U.S. Defense Secretary Lloyd Austin will also hold three-way talks with his counterparts from Japan and South Korea. The security talks with Japan will also include efforts to deepen cooperation between defense industries and upgrade command structures to improve coordination between their militaries . "These historic 2+2 talks will cement our shift from a focus on Alliance protection to one of Alliance projection," U.S. ambassador to Japan Rahm Emanuel said.

Persons: Pacific Affairs Daniel Kritenbrink, we're, Antony Blinken, Lloyd Austin, Rahm Emanuel Organizations: U.S ., U.S, State, East, Pacific Affairs, U.S . Defense, Japan, United States, Alliance, East Asia, Self Defense Forces Locations: Japan, United States, Washington, Tokyo, U.S, China, Russia, North Korea, East Asia, South Korea, Pacific, Asia

☆ Israel strikes Yemen for the first time following deadly Houthi drone attack. Here’s what we know
▼ + stars: | 2024-07-21 | by ( Sophie Tanno | ) edition.cnn.com time to read: +8 min

CNN —For the first time, Israel has struck inside Yemen, following a deadly drone attack launched by Houthi rebels on Tel Aviv. Soon after the Israeli attack, the Houthis said they launched a fresh barrage of missiles towards Israel, promising a response that will be “huge and great.”Here’s what we know. The US and UK have responded to those attacks by carrying out strikes on Houthi targets in Yemen. A tipping point for Israel appears to have come on Friday, when a drone attack was launched on Tel Aviv, killing one Israeli citizen and injuring several others. Oded Balilty/APThe attack marked the first time Tel Aviv, Israel’s commercial center, has been struck by a drone in an attack claimed by the Houthis.

Persons: ”, Allah, Hussein, Mohammed Hamoud, Israel, Yahya Sare’e, ” Sare’e, Houthi, Oded, Daniel Hagari, Samad, Masirah, Mohammed Abdulsalam, Yehya Saree, Osamah, Benjamin Netanyahu, Netanyahu, ” Netanyahu, “ It’s, ” Charles Lister, Yoav Gallant, Yoel Organizations: CNN, Houthi, Red, US, US Central Command, Tel, Israel Defense Forces, Israel, Israel’s, Middle East Institute, Israel’s Defense, Hezbollah, AP, for National Security Studies, National Security Council Locations: Israel, Yemen, Tel Aviv, Red, Gaza, Iranian, Iran, Islam, Saudi Arabia, Sana'a, Israel’s, Hodeidah, Yemen’s, Lebanon, Lebanese

☆ Democrats may still lose the White House. But Biden stepping aside was the only way to change the race.
▼ + stars: | 2024-07-21 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Democrats have taken an unprecedented risk in pushing President Joe Biden out of the 2024 race. Biden was well on his way to becoming a one-term president. Needing a way to upend the race, Biden's campaign gambled on scheduling the earliest major presidential debate in history. Democrats' crescendoing calls for Biden to step aside on Friday, with at least nine saying Biden should step aside in just one day, underlined how untenable the situation had become. As Atlantic editor Ron Brownstein has pointed out, based on future Senate maps, Democrats could be facing years in the minority.

Persons: Joe Biden, Biden, Donald Trump, Trump's, Kamala Harris, Sen, JD Vance, Ohio, Harris, Trump, Ron Brownstein Organizations: Service, Business, Biden, Republican, GOP, Atlantic

Your mortgage interest rate is based in part on how risky lenders consider you to be as a borrower. Use these strategies for lowering mortgage interest rates. Improving your credit scoreRaising your credit score is one way to get a lower interest rate on your mortgage. The role of credit in mortgage ratesThe impact of credit scores on mortgage rates is significant. Locking in your rateA rate lock lets you cement your interest rate while you finalize your home purchase.

Persons: They'll, they'd, Freddie Mac, —, you'll Organizations: ICE Mortgage Technology, PenFed Credit Union, New, Mortgage, Survey Locations: Portland , Oregon, California

Introduction to Hilton Free Night CertificateWhat Is a Hilton Free Night Certificate? The easiest way to earn a Hilton free night certificate is with the Hilton Honors American Express Aspire. Redeeming Your Hilton Free Night CertificateWhen you've earned a Hilton free night certificate, you'll receive an email from Hilton Honors letting you know your award is in your Hilton account. Can the Hilton Free Night Certificate be used at any Hilton property? Redeem by calling Hilton Honors customer service or, in some cases, directly through your Hilton Honors account online, depending on the certificate's terms.

Persons: Hilton, that's, it's, Amex, That's, you've, Conrad, you'll Organizations: Business, Hilton, American Express, Hilton Honors, Hilton Honors American, Card, American, U.S, Hilton Gold, Gold, Honors American, Online Retail, Hilton Credit Card, Waldorf, Astoria, Villa, Conrad, Hotels, Hilton Aspire, Biltmore, Resorts, Waldorf Astoria, Hills Locations: U.S, Maldives, Hilton's, Conrad Maldives, Maui, London, Hills, Waldorf Astoria Beverly, California, Beverly Hills, Los Angeles, Chevron

☆ Trump goes all in by selecting JD Vance as his MAGA heir apparent
▼ + stars: | 2024-07-15 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

On Monday, Trump announced that he had selected Sen. JD Vance of Ohio as his vice presidential pick. In selecting Vance, Trump stiff-armed the establishment and Wall Street voices that settled on another finalist, North Dakota Gov. In May, he expressed skepticism that former Vice President Mike Pence's life was ever truly in danger during the Capitol riot. Related storiesLike Trump, Vance has embraced conspiracies about the 2020 election. Like Trump, Vance has also strongly questioned sending defense aid to Ukraine.

Persons: —, Donald Trump, Sen, JD Vance, Ohio, Vance, Trump, Doug Burgum, Elon Musk, Donald Trump Jr, I've, Trumper, MAGA, Joe Biden, Mike Pence's, Hitler, Pence, Joe Biden's, Mike Pence wouldn't, Biden, Harris, Jen O'Malley Dillon, Reagan, John McCain Organizations: Service, Trump, North Dakota Gov, Business, CNN, Democrats, Republican Party, Republican, Democratic Party, Ohio Republican, New York Times, GOP, Munich, Conference Locations: Pennsylvania, Ukraine

☆ Stock futures rise slightly as investors look to earnings to keep lifting market to records: Live updates
▼ + stars: | 2024-07-14 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Stock futures were slightly higher in overnight trading Sunday as investors gear up for a big week of key corporate earnings. S&P 500 futures added 0.1% and Nasdaq 100 futures added 0.1%. Investor attention is shifting to second-quarter earnings reports, which could be the catalyst to extend the market's rally to new records this year. More than 40 S&P 500 companies report second-quarter earnings this week. The S&P 500 gained 0.9% last week, scoring its fifth positive week in six.

Persons: Dow, Donald Trump, Adam Crisafulli, Trump, Joe Biden, Wells, Goldman Sachs, Morgan Stanley, Johnson Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, Traders, Vital, Republican National Convention, Trump, U.S, JPMorgan, Citigroup, Bank of America, United Airlines, Netflix Locations: U.S, Milwaukee , Wisconsin, United

☆ Donald Trump transformed the federal judiciary. He could push the courts further right in a second term
▼ + stars: | 2024-07-13 | by ( Andrew Seger | Phil Mattingly | ) edition.cnn.com time to read: +9 min

“I totally transformed the federal judiciary,” Trump boasted at a summit hosted by the right-wing Moms for Liberty group last summer. “Many presidents never get the opportunity to appoint a Supreme Court justice. But as Trump drives toward a potential second term, one thing is clear: He’s just getting started. (Project 2025 is the policy playbook crafted by the conservative Heritage Foundation for a potential second Trump term.) That intent for vengeance could set the bar for nominations and administration lawyers alike in a second Trump term.

Persons: CNN —, Donald Trump, “, ” Trump, Trump, ” Gregg Nunziata, Joe Biden, ”, Antonin Scalia, Samuel Alito, Clarence Thomas, It’s, Alito, Thomas aren’t, Skye Perryman, it’s, Trump’s, Neil Gorsuch, Brett Kavanaugh, Amy Coney Barrett –, “ Will, Hugh Hewitt, Mitch McConnell, I’ve, ” McConnell, Wade, Aileen Cannon –, ” Donald B, George H.W, George H.W . Bush, that’s, they’ve, Fox News ’ Sean Hannity, ” Will Chamberlain, Ron DeSantis, John Eastman, “ We’ve, ” Eastman Organizations: CNN, Liberty, Trump, Republican Party, Society, Federalist Society, Democracy, Heritage Foundation, Republican, EPA, Biden, Fox News, III, Florida Gov, Conservatism Conference Locations: “, Los Angeles, kilter, Dallas, Trump’s, Florida, George H.W ., Washington

☆ European stocks head for higher open as markets look ahead to U.S. inflation data
▼ + stars: | 2024-07-11 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

The UK economy has reportedly seen faster growth than initially estimated in early 2024. LONDON — European stocks are expected to open higher Thursday as global markets look ahead to the next U.S. inflation reading. Thursday's inflation report could cement expectations that the U.S. Federal Reserve will cut interest rates in the coming months. Recent economic releases have suggested that inflation and economic growth are both cooling, including last week's report that unemployment in June ticked up to 4.1%. The consumer price index report for June will be released at 8:30 a.m.

Persons: Germany's DAX Organizations: City of, LONDON, CAC, IG, U.S . Federal Locations: Bishopsgate, City, City of London

☆ Chiseled gladiators, tight leather pants, and copious amounts of olive oil: Inside Turkey’s ancient oil wrestling festival
▼ + stars: | 2024-07-10 | by ( Scott Mclean | Umut Sevdi Tangor | ) edition.cnn.com time to read: +7 min

He pours a bottle filled with a mixture of water and olive oil into the pants, and then with a few firm tugs on the waistband and a wiggle of the hips, he’s in. Koca is one of hundreds of wrestlers competing at this year’s Kirkpinar Oil Wrestling Festival in northwestern Turkey. The sport is similar to regular wrestling, except here, the competitors are covered head to toe in olive oil. Record breakerThe annual Kirkpinar Oil Wrestling Festival has been running for more than 600 years. Participants are doused in olive oil before taking part.

Persons: Cem Tekkesinoglu, Orhan Ghazi, ”, Abdullah Basar, ” Basar, –, Mustafa Kemal Ataturk, Filiz, Ferda Demir, Koca, They’ve, “, Hakan Mehmet Sahin, Basar, ‘ I’ve, ’ ”, I’ve, ” Akin, ” Guray Ervin, Tanem Zaman Organizations: CNN, Turkey CNN, Oil Wrestling, Anadolu Agency, Oil, Getty, Olympic, 663rd, “ Wrestling Locations: Edirne, Turkey, Koca, Anadolu, Republic of Turkey

☆ This cement startup says it goes beyond net zero to true zero carbon emissions
▼ + stars: | 2024-07-10 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

"By decomposing minerals at ambient temperature using electrochemistry, it actually allows us to use minerals that contain calcium for cement that aren't limestone, and that's what makes us true zero as opposed to net zero," Ellis explained. Its One Boston Wharf Road will be the largest net zero office building in the city, with Sublime cement in the ground floor public space. Its venture capital backers are Lower Carbon Capital, Engine Ventures, Energy Impact Partners, Prime Impact Fund, Siam Cement Group and MCJ Collective. For perspective, about 90 million tons of cement are produced in the U.S. per year. "This is a first-of-a kind process, and we're competing with a technologies that have been scaled to a million tons per year plus for, you know, decades.

Persons: Leah Ellis, Ellis, they'll, Yanni Tsipis, Lisa Rizzolo Organizations: Systems, Sublime Systems, WS Development, Sublime, U.S . Department of Energy, Carbon, Engine Ventures, Energy Impact Partners, Impact Fund, Siam Cement Group, MCJ, CNBC Locations: Fortera, Massachusetts, Boston, Portland, U.S

☆ As NATO meets, leaders look to 'Trump-proof' the military alliance
▼ + stars: | 2024-07-10 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

US President Donald Trump arrives for the NATO summit at the Grove hotel in Watford, northeast of London on December 4, 2019. U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky speak during a meeting in New York on September 25, 2019. Hanno Pevkur, Estonia's defense minister, emphasized that NATO allies did not interfere in each other's domestic politics and democratic processes. So when, when the choice of American people is Donald Trump, then it's Donald Trump. Then all the countries in the world, including Estonia, including the NATO allies, have to talk with this administration who will be put in place."

Persons: Donald Trump, Christian Hartmann, Trump, Recep Tayyip Erdogan, Peter Nicholls, Jens Stoltenberg, Stoltenberg, Joe Biden's, —, Volodymyr Zelensky, Saul Loeb, Donald Trump's, Keir Starmer, Starmer, we've, that's, Radosław Sikorski, CNBC's Steve Sedgwick, Hanno Pevkur, It's, France —, Balázs Orbán, Viktor Orbán Organizations: NATO, AFP, Getty, Republican, Ukraine, Eurasia Group, Trump, Ukrainian, Independent, CNBC, Hungary's Locations: Grove, Watford, London, Washington, Ukraine, China, North Korea, Iran, Britain, New York, Europe, Russia, Estonia, United States, Germany, Canada, France, Poland

☆ Lauren Sánchez shares Jeff Bezos' guiding principle for their $10 billion philanthropy effort
▼ + stars: | 2024-07-10 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +4 min

"Jeff is extremely focused, as you can imagine," Sánchez told Longoria of her and Bezos' "philosophy" for philanthropy. Lauren Sánchez and Jeff Bezos work on the Bezos Earth Fund togetherMuch of Longoria and Sánchez's conversation focused on her and Bezos' work on the Bezos Earth Fund. Sánchez serves as the vice chair of the Bezos Earth Fund, helping Bezos and the organization's staff determine where to invest. "Jeff always says, 'We have to invent our way out of this,'" Sánchez told Longoria. "The meat that they're making now tastes so good," Sánchez told Longoria.

Persons: —, Lauren Sánchez, Jeff Bezos, Sánchez, Eva Longoria, Longoria, Robin L Marshall, MacKenzie Scott, Jeff, Bezos, Forbes, Lauren Sanchez, fiancé Jeff Bezos, Cindy Ord, MG24, I've Organizations: Service, Hollywood, Business, Elle Women, Fund Locations: Mexico

☆ In Search of Power, Texans Ask: Are the Lights on at Whataburger?
▼ + stars: | 2024-07-09 | by ( Isabelle Taft | ) www.nytimes.com time to read: +1 min

Want to find a working gas station, an open restaurant or someplace with air-conditioning in East Texas after Hurricane Beryl knocked out power to millions on Monday? Users on Houston-area Facebook pages and group chats have suggested checking Whataburger’s online map to see which locations of the homegrown fast-food chain are operating. She looked at the map and headed where “there was a pretty decent concentration of Whataburgers” open. Craig Fugate, a head of the Federal Emergency Management Agency under President Barack Obama, once said: “If you get there and the Waffle House is closed? That’s where you go to work.” The concept is known as the “Waffle House index,” and has even been studied by academics — really.

Persons: Hurricane Beryl, Jais Curry, Craig Fugate, Barack Obama, — Organizations: Federal Emergency Management Agency, Waffle, CenterPoint Energy Locations: East Texas, Hurricane, Houston

☆ How Biden’s 2024 choice could reshape the Senate and Supreme Court for years
▼ + stars: | 2024-07-09 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +18 min

But recent history raises deep questions about whether Democratic Senate candidates can continue to levitate as far above the presidential ticket as polls now show. “A Democratic Senate majority coalition relies on having both Senators from a state such as Michigan,” said Daniel Hopkins, a University of Pennsylvania political scientist. As recently as the 1980s, it was common for voters to split their tickets in Senate races. Still, even that alignment left room for some Senate candidates to swim against this general tide. This history, by itself, doesn’t answer whether Democratic Senate candidates would have better prospects with or without Biden as their presidential nominee.

Persons: Joe Biden, Biden, Donald Trump, Republican Sen, Susan Collins of, Trump, Samuel Alito, Clarence Thomas, Sonia Sotomayor, ”, Democratic Sen, Evan Bayh, Bayh, “, —, Sen, Joe Manchin, who’s, Democratic Sens, Sherrod Brown of, Jon Tester, Montana, Bob Casey, Tammy Baldwin, Jacky Rosen, Elissa Slotkin, Ruben Gallego, Kyrsten, Martin Heinrich, Nella Domenici, Pete Domenici, Curtis Bashaw, Andy Kim, Bob Menendez, Rick Scott, Ted Cruz, Collins, Ron Johnson, Daniel Hopkins, — hasn’t, David Bergstein, ” Bergstein, ” Mike Berg, ” Lee Drutman, Drutman, Biden’s, ” Drutman, Democratic pollster, ” Jason Kander, Kander, Hillary Clinton, Clinton, Roy Blunt, doesn’t, ” Kander, ” Bayh, Republican Todd Young, it’s, Ronald Reagan’s, Barack Obama, Obama, Republican Dean Heller, Heller —, Steve Bullock, Jesse Hunt, Hunt, Hopkins Organizations: CNN, Senate, Democratic, Republican, White, GOP, West, Republicans, Biden, Democratic Sens, Democrats, Trump, University of Pennsylvania, don’t, Democratic Senatorial, “ Republicans, National Republican Senatorial, Democratic Senate, ”, White House, Indiana Senate, Democratic Gov Locations: Susan Collins of Maine, Indiana, West Virginia, Sherrod Brown of Ohio, Pennsylvania, Wisconsin, Nevada, Michigan, Arizona, New Mexico, New Jersey, Florida, Texas, North Carolina, — Maine, Florida , Iowa, Ohio, New America, Missouri, Southern, Maine, Iowa , Kansas , Kentucky, Montana , South Carolina

☆ Cement companies are transforming the $410 billion industry with carbon-free cement
▼ + stars: | 2024-07-08 | by ( Diana Olick | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCement companies are transforming the $410 billion industry with carbon-free cementCNBC’s Diana Olick joins 'Power Lunch' to discuss how companies are making carbon-free cement.

Persons: Diana Olick Organizations: Email

☆ These are the best ways to play GenAI as it disrupts new industries, according to RBC
▼ + stars: | 2024-07-07 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Semiconductor stocks and technology behemoths get all the acclaim when it comes to artificial intelligence, but RBC Capital Markets is offering up some alternate ways to play the theme. Other technology giants have followed suit, with Amazon closing above a $2 trillion market value for the first time ever last month. Against this backdrop, RBC Capital Markets highlighted some of its favorite ways to play the theme beyond the classic winners, viewing AI as the "next disruptive mega-trend." While the social media giant has already gotten a boost from the trend, RBC Capital Markets expects shares to benefit from a world where digital advertisers market toward AI and virtual assistants. RBC Capital Markets also highlighted a handful of software stocks that could win big as AI proliferates, viewing the tool as a "revenue enhancer and profitability expander" that may take three to five years to materialize.

Persons: behemoths, GenAI, CrowdStrike, Eaton, Thomson Organizations: RBC Capital Markets, Nvidia, RBC Capital, Adobe, Accenture, Thomson Reuters Locations: Shopify

☆ North Koreans have a new fashion accessory — Kim Jong Un lapel pins. Here's what they mean for the supreme leader's legacy.
▼ + stars: | 2024-07-06 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

Read previewNorth Korean officials have been spotted wearing lapel pins featuring the image of the country's supreme leader, Kim Jong Un. A pin on a North Korean state cameraman showing Kim Il Sung and Kim Jong Il. While Kim Il Sung and Kim Jong Il have been immortalized by national holidays marking their birthdays, statues, and portraits across North Korea, relatively few images featuring Kim Jong Un have been found in public since he came to power in 2011. North Korea, Kim, and PutinNorth Korea was founded in 1948 under Kim Il Sung as the Democratic People's Republic of Korea. In recent years, the country's current leader, Kim Jong Un, has sought to develop increasingly strong ties with Russian President Vladimir Putin.

Persons: —, Kim Jong Un, Kim Il Sung, Kim Jong Il, Kim Jong Un's, Jorge Silva, Kim Jong, he's, Edward Howell, Howell, Kim, Peter Moody, Vladimir Putin Organizations: Service, Workers, Party, North, Associated Press, Business, REUTERS, Workers ' Party, Sungkyunkwan University, Telegraph, Putin, Democratic People's Locations: Korean, North Korea, Korea, Putin North Korea, Democratic People's Republic of Korea, South Korea, Moscow, Ukraine, Pyongyang

☆ Analysis: Biden’s ABC interview does nothing to quell the existential crisis around his campaign
▼ + stars: | 2024-07-06 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Washington CNN —President Joe Biden’s struggle to prove he’s got the strength and cognitive capacity for a second term is becoming an excruciating personal and national ordeal. While his interview performance was far stronger than the president’s often incoherent showing at the CNN debate in Atlanta, that’s not saying much. He appeared more composed and fluent than at the CNN debate. But Democratic Rep. Brad Sherman of California told CNN that the president needed to do a prolonged and live television interview unlike the recorded one on ABC. But increasingly, it seems as though the fear of a Trump term may be overwhelming satisfaction with Biden’s achievements.

Persons: Joe Biden’s, he’s, Biden, –, that’s, Friday, Virginia Sen, Mark Warner, Hakeem Jeffries, I’m, ” Biden, “, Almighty, ‘ Joe, ’ I’d, Almighty’s, Donald Trump, he’d, ”, ’, Trump’s, Trump, Biden’s, George Stephanopoulos, Brad Sherman, George Washington’s, Seth Moulton, Mike Quigley, ” “, ” Quigley, Maura Healey Organizations: Washington CNN, CNN, Democratic, Democrats, ABC News, Trump, NATO, ABC, ”, Boston, Illinois, MSNBC, United, Affordable Locations: Atlanta, Wisconsin, Washington, California, ” Massachusetts, United States, Massachusetts, America

☆ Inflation will be in focus in the week ahead as stocks attempt to sustain all-time highs
▼ + stars: | 2024-07-05 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

Some key inflation readings in the week ahead could bolster the case for a September interest rate cut, as investors deliberate how long stocks can sustain their rally to record highs. After a rocky start to the year, a recently improving inflation picture has investors hopeful the Federal Reserve could soon start to lower rates. Stubborn inflation patches The June consumer price index is expected to show a slight improvement in the headline number. In May, for example, shelter inflation rose 0.4% on the month and 5.4% on the year, while other key items declined. Monday, July 8 3 p.m. Consumer Credit (May) Tuesday, July 9 6 a.m. NFIB Small Business Index (June) Wednesday, July 10 10 a.m. Wholesale Inventories final (May) Thursday, July 11 8:30 a.m. Consumer Price Index (June) 8:30 a.m.

Persons: nonfarm payrolls, Mark Malek, FactSet, there's, Ross Mayfield, Baird, Mayfield, David Kelly, CNBC's, Wells, Price, JPMorgan Chase Organizations: Reserve, Dow Jones, Nasdaq, CPI, PPI, FactSet, University of Michigan, Asset Management, Citigroup, JPMorgan Chase, PepsiCo, Delta Air Lines, Consumer Credit, Treasury Budget, Air Lines, Conagra, JPMorgan, Bank of New York Mellon Locations: U.S, Wells Fargo, Michigan, Fastenal

☆ America has a serious ugly home problem
▼ + stars: | 2024-07-02 | by ( James Rodriguez | ) www.businessinsider.com time to read: +14 min

Recently she posted a video on her YouTube channel in which she phrased the question more bluntly: "Why are homes so 'ugly' now?" Most people agree that America needs more houses, but nobody seems all that thrilled with the ones being built. Related storiesThe blame for America's architectural nightmare, however, doesn't stop at production builders, rising costs, or local codes. Homes look this way because they're not just places where we live — they're also supposed to help us get rich. As they stare down these rising costs, builders and architects have almost no choice but to streamline or opt for cheaper design elements.

Persons: Bailey McInnes, McInnes, they're, James Wentling, John Burns, Peter Dennehy, They're, Dan Reynolds, Horton, Lennar, Kate Wagner, she's, —, Wagner, Marcia Straub, William Morgan, it's, Queen Anne Organizations: HGTV, YouTube, Facebook, Builders, Bureau of Labor Statistics, National Association of Home Builders, John Burns Research, Consulting, Harvard's, for Housing Studies, Harvard, The Locations: Northern Virginia, America, homebuilding, Providence , Rhode Island

☆ Oakley founder lists $68 million brutalist home — see inside the concrete compound that looks like a Bond villain's lair
▼ + stars: | 2024-07-02 | by ( Jaures Yip | ) www.businessinsider.com time to read: +1 min

James Jannard listed a Beverly Hills compound for $68 million shortly after his record Malibu sale. The Oakley founder recently set a record with a $210 million Malibu mansion sale, surpassing Jay-Z. Jannard's net worth is an estimated $1.3 billion, per Forbes. AdvertisementJust days after making a record-breaking Malibu mansion sale for $210 million, Oakley founder James Jannard is back with another mammoth listing. The sunglasses mogul just put his Beverly Hills cement compound up for sale at $68 million, as first reported by Realtor.com.

Persons: James Jannard, Jay, —, Oakley, Realtor.com, Jannard Organizations: Malibu, Oakley, Forbes, Service, Beverly, Business Locations: Beverly, Malibu

☆ China PMI: No end in sight for uneven economic story
▼ + stars: | 2024-07-01 | by ( Laura He | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Factory activity among China’s private firms expanded at the fastest pace in three years, a private gauge showed Monday, suggesting healthier domestic and international demand for Chinese goods. The Caixin manufacturing Purchasing Managers’ Index (PMI) rose to 51.8 in June, up from 51.7 in May, according to a statement from S&P Global, which compiled the survey. The Caixin survey covers more export-oriented and consumer-related companies. The official PMI, however, is tilted more towards manufacturers that produce industrial materials — including steel, cement, and chemical — making them more vulnerable to a slowdown in fixed-asset investments. Analysts believe that the current data reflects an economic reality characterised by strong exports and consumption, but softer investment.

Persons: Goldman Sachs, ”, Wang Zhe, ” Wang Organizations: Hong Kong CNN — Factory, P, National Bureau of Statistics, PMI, Caixin Insight, European Union, EU Locations: Hong Kong, Siyang County, Suqian City, Jiangsu, China, European, United States

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