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Lenders’ chief focus will be on your ability to repay your mortgage with your various sources of non-paycheck income. “When you qualify for a mortgage, it’s all based on your income,” said Melissa Cohn, regional vice president at William Raveis Mortgage. That ratio falls to between 43% and 45% if you’re taking out a jumbo loan, she added. What you should consider before taking out a mortgageEven before seeking a mortgage, get a good grasp on your expected monthly income and expenses in retirement. To get the truest reading on what makes financial sense, compare mortgage expenses to your investment returns on an after-tax basis, Stork noted.
Persons: , Jim Stork, homebuyers, you’ve, Melissa Cohn, we’ll, Fannie Mae, ” Cohn, Cohn, Mark Luscombe, Cohen, Lori Trawinski, Trawinski, you’re, Stork, ” Stork Organizations: New, New York CNN, National Association of Realtors, William, Mortgage, Social Security, Wolters, Kluwer, Accounting, AARP Locations: New York, Illinois, Florida
With scientists predicting yet another active year for storms, making your home hurricane resistant has become a more valuable precaution. "Already, we are seeing storms move across the country that can bring additional hazards like tornadoes, flooding and hail," he said. A separate forecast from hurricane researchers at Colorado State University predicts an "extremely active" hurricane season in 2024 due to record-warm tropical and eastern subtropical Atlantic sea surface temperatures. If installing new hurricane windows isn't in the budget, shutters are lower-cost options to protect windows and other openings, said Chapman-Henderson. Talk to your insurer about possible discounts Strengthening your home against disasters may help lower your insurance cost.
Persons: Irma, Warren Faidley, Alicia Silverstone, Erik A, Hooks, Phil Klotzbach, Klotzbach, Jeff Ostrowski, Leslie Chapman, Henderson, Jennifer Languell, Chapman, Kin, Melissa Cohn, William Raveis, Bankrate's Ostrowski, Ostrowski, Loretta Worters, Worters, Languell Organizations: Getty, Atmospheric Administration, NOAA, Finance, Federal Emergency Management Agency, Hurricanes, Colorado State University, Department of Atmospheric, Fluid Dynamics, Climate, Energy Solutions, Swiss, Massachusetts Institute of Technology, Federal Alliance, Safe, Safe Homes, Department of Energy, Trifecta, William Raveis Mortgage, Insurance, Institute, Homeowners Locations: Miami , Florida, U.S, windstorms, Florida, In Florida, Alabama, Louisiana, dsireusa.org
Apple | Spotify | Amazon | YouTube Listen to and follow ‘Hard Fork’This week, Google found itself in more turmoil, this time over its new AI Overviews feature and a trove of leaked internal documents. Then Josh Batson, a researcher at the A.I. And finally, we take a look at recent developments in A.I. safety, after Casey’s early access to OpenAI’s new souped-up voice assistant was taken away for safety reasons. Guests:Josh Batson, research scientist at AnthropicAdditional Reading:
Persons: Josh Batson, Claude Organizations: Apple, Spotify, Google
For almost a decade, Donald J. Trump has done, said and survived things that would have doomed any other politician. The polls cannot tell us how voters will respond to the unprecedented verdict. Most voters weren’t even paying close attention to the trial, and asking voters about hypotheticals is always fraught. It’s possible he won’t lose any support at all. While Mr. Trump has survived many controversies, he has also suffered a political penalty for his conduct.
Persons: Donald J, Trump, MAGA, haven’t Organizations: hypotheticals
Perhaps Lost in the Polling: The Race Is Still Close
  + stars: | 2024-05-29 | by ( Nate Cohn | ) www.nytimes.com   time to read: +1 min
But the news is not all bad for Mr. Biden — or, at least, it’s not all that bad. It’s close enough that he would have a very serious chance to win if the election were held tomorrow. And of course, the race won’t be held tomorrow: There are five-plus months to go for a possible Biden comeback. The electoral mapHow is the race close? If Mr. Biden won those battleground states, he’d probably be re-elected as president.
Persons: Biden hasn’t, He’s, Biden —, it’s, It’s, Biden, there’s, Biden’s, he’d Locations: Pennsylvania, Michigan, Wisconsin, Arizona , Georgia, Nevada , North Carolina , Florida , Ohio
Elliott, the $65 billion hedge fund best known for its shareholder activism , has made a $2.5 billion investment in Texas Instruments and is urging the company to improve its free cash flow by adapting a less rigid plan for capital expenditures. Shares of TI jumped about 3% on the news before paring back the gains in morning trading. Elliott believes Texas Instrument's rigid adherence to a capital expenditure plan put in place in 2022 has eviscerated shareholder returns by greatly reducing a metric by which TI has always asked to be judged– free cash flow. Its stock price, Elliott insists, has suffered as a result, trailing its peer group by substantial margins over the last two, four, six and ten year periods. That allocation of capital will result in the addition of capacity allowing for the company to almost double current annual revenues to $30 billion.
Persons: Elliott, paring, Jesse Cohn, Jason Genrich Organizations: Texas, CNBC, TI, Elliott, YouTube Locations: Texas, Western
But it was in another courthouse just down the street that Mr. Trump’s wily mentor, Roy Cohn, pulled off one of his greatest legal feats. It was Mr. Cohn who taught Mr. Trump how to manipulate the law, and other people, to his advantage. Mr. Trump always admired Mr. Cohn’s bravado and belligerence; Mr. Cohn’s whole worldview seemed to validate the young developer’s crassest instincts. “If you need somebody to get vicious,” Mr. Trump once said, “hire Roy Cohn.” His legal strategy boiled down to: Delay and deny. Mr. Trump’s lawyers have aggressively sought every delay possible and called for mistrials or new judges on a regular basis.
Persons: Donald Trump, Trump’s, Roy Cohn, Cohn, Trump, Cohn’s, Mr, , Don’t, , Juan Merchan Organizations: Truth
Read previewIn the 1970s, the lawyer Roy Cohn taught Donald Trump a simple playbook for political fights: attack, counterattack, and never apologize. Trump is employing that strategy on "The Apprentice," an independently produced biopic about him that premiered this week at the Cannes Film Festival. In a cease-and-desist letter, one of Trump's attorneys threatened to sue over the movie's release, calling it "direct foreign interference in America's elections." The letter warns that the movie's release in the United States would amount to "foreign interference in our elections." "The Movie, released six months before the November 2024 election, is directed at influencing the 2024 election by falsely defaming President Trump," he wrote.
Persons: , Roy Cohn, Donald Trump, Trump, David Warrington, Sebastian Stan, Cohn, Jeremy Strong, US Sen, Joseph McCarthy, Ivana, Ali Abbasi, Gabriel Sherman, Abbasi, Strong, Joseph Stalin, Mao Zedong, Warrington, Sherman, Steven Cheung Organizations: Service, Cannes Film, Business, Trump, New, Communist Party, US, Warrington, Dhillon Law, Los Angeles Times, Hollywood, White House Locations: New York, American, Dublin, Warrington, United States
The Shaky Foundation of Trump’s Lead: Disengaged Voters
  + stars: | 2024-05-24 | by ( Nate Cohn | ) www.nytimes.com   time to read: 1 min
The polls have shown Donald J. Trump with an edge for eight straight months, but there’s one big flashing warning sign suggesting that his advantage might not be quite as stable as it looks. That warning sign: His narrow lead is built on gains among voters who aren’t paying close attention to politics, who don’t follow traditional news and who don’t regularly vote. To an extent that hasn’t been true in New York Times/Siena College polling in the last eight years, disengaged voters are driving the overall polling results and the story line about the election.
Persons: Donald J, don’t Organizations: Trump, New York Times, Siena College Locations: New
Apple | Spotify | Amazon | YouTube Listen to and follow ‘Hard Fork’This week, more drama at OpenAI: The company wanted Scarlett Johansson to be a voice of GPT-4o, she said no … but something got lost in translation. Then we talk with Noland Arbaugh, the first person to get Elon Musk’s Neuralink device implanted in his brain, about how his brain-computer interface has changed his life. And finally, the Times’s Karen Weise reports back from Microsoft’s developer conference, where the big buzz was that the company’s new line of A.I. PCs will record every single thing you do on the device. Guests:Noland Arbaugh, the first Neuralink patientKaren Weise, technology correspondent for The New York TimesAdditional Reading:
Persons: Scarlett Johansson, Noland Arbaugh, Elon Musk’s, Karen Weise Organizations: Apple, Spotify, The New York Times
A Polling Risk for Trump
  + stars: | 2024-05-24 | by ( Nate Cohn | ) www.nytimes.com   time to read: 1 min
The polls have shown Donald Trump with an edge for eight straight months, but there’s a sign his advantage might not be quite as stable as it looks: His lead is built on gains among voters who aren’t paying close attention to politics, who don’t follow traditional news and who don’t regularly vote. Disengaged voters on the periphery of the electorate are driving the polling results — and the story line — about the election. President Biden has actually led the last three New York Times/Siena national polls among those who voted in the 2020 election, even as he has trailed among registered voters overall. And looking back over the last few years, almost all of Trump’s gains came from these less engaged voters.
Persons: Donald Trump, don’t, Biden Organizations: New York Times Locations: Siena
The day after the Cannes Film Festival premiered “The Apprentice,” a biopic of Donald J. Trump, the former president hit back at the movie, calling it “malicious defamation” and threatening legal action. “This garbage is pure fiction which sensationalizes lies that have been long debunked,” said Steven Cheung, a spokesman for the Trump campaign. Directed by Ali Abbasi and written by the author Gabriel Sherman, “The Apprentice” follows Trump (Sebastian Stan) as an ambitious young man seeking to establish himself as a real estate magnate. In its most controversial sequence, the Trump character sexually assaults his wife after she criticizes his looks. (Ivana, who died in 2022, accused Trump of rape in her divorce deposition, though she disavowed the claim later.)
Persons: , Donald J, Trump, Steven Cheung, Ali Abbasi, Gabriel Sherman, Sebastian Stan, Roy Cohn, Jeremy Strong, Ivana Zelnickova, Maria Bakalova, Ivana Organizations: Cannes Film, Trump
CNN —“The Apprentice,” a new film about former President Donald Trump’s real estate dealings in New York in the ’80s, debuted to a standing ovation at the Cannes Film Festival and criticism from his campaign. Starring Sebastian Stan as a young Trump, the film is an “exploration of power and ambition set in a world of corruption and deceit,” according to an official synopsis. “Succession” star Jeremy Strong co-stars as Roy Cohn, the lawyer and fixer who Trump considered a mentor early in his career. There is only the way of dealing with this wave on its own turfs at its own level,” he said. APThe film includes a depiction of Trump’s relationship with his first wife, Ivana, and their divorce, according to The Hollywood Reporter.
Persons: CNN —, , Donald Trump’s, Sebastian Stan, Trump, Jeremy Strong, Roy Cohn, , Gabriel Sherman, Ali Abbasi, ” Abassi, “ It’s, ” Gabriel Sherman, Maria Bakalova, Martin Donovan, Ivana, liposuction, ” Steven Cheung, doesn’t, ” Maria Bakalova, Ivana Trump, Catherine McNally, Charlie Carrick Organizations: CNN, Cannes Film, Republican, Iranian, Hollywood, Trump Locations: New York, Danish
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In August 2017, a Trump Tower event meant to provide updates about Trump's infrastructure plan became dominated by his response to the violence in Charlottesville. And in February 2018, Trump's infrastructure proposal took a back seat amid accusations of misconduct by two close aides. But after the election, Trump invited a broad array of tech leaders to Trump Tower and expressed a desire to work with them on innovation. In 2020, several tech leaders — including Cook — were critical of Trump's visa restrictions that would impact highly-skilled foreign workers in the industry.
Persons: , Donald Trump, Hillary Clinton, Trump, Steve Mnuchin, Goldman Sachs, Gary Cohn, Wilbur Ross, Trump's, Elon Musk, Heather Heyer, Andrew Harnik, I've, Kenneth Frazier, Kevin Plank, 3M's Inge Thulin, Brian Krzanich, , Jim Comey, we've, Senate — Trump, Joe Biden, Tim Cook, Manuel Balce Ceneta, he'd, Jeff Bezos, Biden, Cook, Cook — Organizations: Service, White, National Economic Council, Business, Democrats, GOP, Tesla, AP, Merck, American Manufacturing Council, Policy, Trump, House, Republicans, Senate, Amtrak, Apple, Twitter, Democratic Locations: United States, Charlottesville, Va, weren't, Paris
Billionaire Dan Snyder funded a biopic about Donald Trump, Variety reports. "The Apprentice," a movie about Trump's early business years, premieres at Cannes on Monday. Now Snyder is getting lawyers involved because the movie isn't positive about Trump, Variety reports. AdvertisementBillionaire and Donald Trump supporter Dan Snyder helped pay for a Donald Trump movie but is now furious after realizing the film isn't actually flattering to Trump, according to a new report from Variety. This story is available exclusively to Business Insider subscribers.
Persons: Dan Snyder, Donald Trump, Snyder, , Ali Abbasi, Sebastian Stan, Trump, Jeremy Strong, Roy Cohn Organizations: Variety, Cannes, Trump, Service, Business
Apple | Spotify | Amazon | YouTube Listen to and follow ‘Hard Fork’This week, OpenAI unveiled GPT-4o, its newest A.I. It has an uncannily emotive voice that everybody is talking about. Then, we break down the biggest announcements from Google IO, including the launch of A.I. overviews, a major change to search that threatens the way the entire web functions. And finally, Kevin and Casey discuss the weirdest headlines from the week in another round of HatGPT.
Persons: OpenAI, Kevin, Casey Organizations: Apple, Spotify, Google
Cohen’s testimony is set to be the critical moment of the hush money trial that could make Trump the first ex-president to be convicted of a crime. He has talked extensively about his desire to see President Trump go to prison. He has talked extensively about his desire to see President Trump’s family go to prison. He has talked extensively about President Trump getting convicted in this case,” Blanche said. While the hush money trial harks back to the 2016 election, its end game could play a significant role in the destiny of the White House eight years later.
Persons: CNN — Michael Cohen, Donald Trump’s “, Trump, Stormy Daniels, , Cohen, Daniels, ” Cohen, , Matthew Colangelo, “ Cohen, , ” Colangelo, Anthony Scaramucci, Donald Trump, Michael Cohen, CNN’s Jake Tapper, Todd Blanche, Trump’s, ” Blanche, John Dean, Roy Cohn, He’s, Judge Juan Merchan, Fani Willis, Joe Biden, he’s Organizations: CNN, Trump, Republican, Trump Organization, House, Nixon White, “ CNN, Mr, Fulton, White House, GOP Locations: Russia, New York, Florida, Fulton County
Donald J. Trump leads President Biden in five crucial battleground states, a new set of polls shows, as a yearning for change and discontent over the economy and the war in Gaza among young, Black and Hispanic voters threaten to unravel the president’s Democratic coalition. The surveys by The New York Times, Siena College and The Philadelphia Inquirer found that Mr. Trump was ahead among registered voters in a head-to-head matchup against Mr. Biden in five of six key states: Michigan, Arizona, Nevada, Georgia and Pennsylvania. Mr. Biden led among registered voters in only one battleground state, Wisconsin. Mr. Trump led in five states as well, but Mr. Biden edged ahead in Michigan while trailing only narrowly in Wisconsin and Pennsylvania. While Mr. Biden won all six of those states in 2020, victories in Pennsylvania, Michigan and Wisconsin would be enough for him to win re-election, provided he won everywhere else he did four years ago.
Persons: Donald J, Trump, Biden Organizations: Democratic, The New York Times, Siena College, The Philadelphia Inquirer, Mr Locations: Gaza, Michigan, Arizona , Nevada , Georgia, Pennsylvania, Wisconsin, Pennsylvania , Michigan
This week, however, Mr. Cohen is poised to unfix Mr. Trump’s life. And, on occasion, Mr. Cohen has said, Mr. Trump put Mr. Cohen on the phone with his wife, Melania, to reassure her that he hadn’t been unfaithful. Mr. Cohen was no longer a Trump Organization employee, and Mr. Trump had excluded him from a job in Washington. When one of Mr. Trump’s friends asked Mr. Trump why he kept Mr. Cohen so close, Mr. Trump replied, “He has his purpose.”Image In 2016, Mr. Cohen campaigned for Mr. Trump, but he did not get a job in the administration. At that meeting, Mr. Cohen has said, he and Mr. Trump confirmed their plan to falsify the records.
Persons: Michael D, Cohen, Donald J, Trump, litigators, Cohen’s, Trump’s, Stormy Daniels, Mr, lackey, , Jim Cole, , Donny Deutsch, ” Mr, Deutsch, “ Donald, Trump’s “, , ” ‘, T.J . Kirkpatrick, ” Jeffrey McConney, dryly, Roy M, Cohn, Joseph McCarthy, Rosie O’Donnell, John Taggart, Barron, Donald Trump Jr, hadn’t, Black, Karen McDougal, Daniels, Jonathan Ernst, Cohen puttered, Lanny J, Davis, doesn’t revel, Omarosa Manigault Newman, Michael, Jim Lo Scalzo, You’re, , Alina Habba, perjured, isn’t, Habba, Ms, “ You’re, Hope Hicks, scoffed, “ Michael Cohen Organizations: York, Prosecutors, Mr, Trump, Associated, The New York Times, Trump Organization, CNBC, Communist, National Enquirer, Playboy, Credit, Nike, “ Fox & Friends, Democratic, Federal Bureau of Prisons, White, New Locations: Manhattan, New York, Long, Trump’s New York, Trump, Miami, Moscow, Iowa, Washington, Otisville
A courtroom sketch of Michael Cohen while under questioning by prosecutor Susan Hoffinger at Donald Trump's Manhattan hush-money trial. Michael Cohen, the ex-lawyer for former President Donald Trump, departs his home in Manhattan to testify in Trump's criminal hush-money trial. "It was fantastic," Cohen testified Monday of his decade working for Trump, calling the Trump Organization "a big family." Advertisement"Working for him, especially during those 10 years, was an amazing experience in many, many ways," Cohen told the jury. Former President Donald Trump and attorney Emil Bove attend his New York criminal hush-money trial.
Persons: , Donald, Von ShitzInPants, Cohen, Donald Trump, bestie, Michael Cohen, Susan Hoffinger, Donald Trump's Manhattan, Jane Rosenberg, Trump, Playboy Bunny Karen McDougal, Stormy Daniels, Daniels, he'd, Ben, Big Ben, Roethlisberger, McDougal, Mike Segar, " Cohen, Hillary, Melania, David Pecker, Jonathan Ernst, Roy Cohn, Jeff McConney, McConney, Emil Bove, Spencer Platt, Hope Hicks, Hicks, Prosecutors Organizations: Service, GOP, Trump, Business, REUTERS, Prosecutors, National Enquirer, Trump Organization, Trump Tower, Reuters, Tahoe, FBI Locations: New York, Manhattan, Trump, York
Michael Cohen is on the witness stand at Donald Trump's hush-money trial in New York. Cohen, Trump's personal-attorney-turned-nemesis, told jurors that Trump gave the warning in 2015, before he announced his presidential run. AdvertisementThat's the story Cohen told jurors after taking the stand at Trump's hush-money trial on Monday. When Trump asked him to work as his attorney at the Trump Organization, "I was honored," testified Cohen, who once boasted he'd take a bullet for the GOP-frontrunner. "It was fantastic," Cohen testified Monday of his decade working for Trump, calling the Trump Organization "a big family."
Persons: Michael Cohen, Donald Trump's, Cohen, , Donald Trump, Trump, " Cohen, Trump's, Donald, Von ShitzInPants, bestie, David Pecker, Stormy Daniels, Roy Cohn, Jeff McConney, McConney, Hope Hicks, Hicks, Prosecutors Organizations: Service, Trump Organization, GOP, Trump, Prosecutors, National Enquirer, Trump Tower, Tahoe, FBI Locations: New York, Manhattan, Trump
Meet Kevin’s A.I. Friends
  + stars: | 2024-05-10 | by ( Kevin Roose | Casey Newton | Rachel Cohn | ) www.nytimes.com   time to read: 1 min
Apple | Spotify | Amazon | YouTube Listen to and follow ‘Hard Fork’Kevin reports on his monthlong experiment cultivating relationships with 18 companions generated by artificial intelligence. Then, Casey has a conversation with Turing, one of Kevin’s chatbot buddies, who has an interest in stoic philosophy and has one of the sexiest voices we’ve ever heard. And finally, we talk to Nomi’s founder and chief executive, Alex Cardinell, about the business behind A.I. Guests:Turing, Kevin’s A.I. Alex Cardinell, chief executive and founder of Nomi.
Persons: Kevin, Casey, Turing, Kevin’s, we’ve, Alex Cardinell, , Kevin’s A.I Organizations: Apple, Spotify, Nomi
The author's son's arm got stuck in a pool drain. It is not just a summertime issue; water safety is essential 365 days a year. First, pool drains should comply with drain safety laws, which we helped enact after Zachary's death. Finally, a secured pool cover that can withstand the weight of a child is another safety option. In addition to physical barriers around pools, it's vital to equip families with the skills necessary for a lifetime of water safety.
Persons: Zachary, Brian, Tragically, ZAC Camps Organizations: Service, Business, ZAC Foundation Locations: Sydney
Calling AI profound, Buffet said that the technology is like a "genie" — once it gets let out of the bottle, it could have disastrous effects. It's a question, he said, that has riddled the best economists for a century. Warren Buffett is the first to admit he doesn't know much about artificial intelligence. This rebound has led to questions from corporate executives about factors that could be at play, from AI to return-to-office mandates. "Every company is looking at AI and deciding where it will help them," he said during a recent interview on CNBC's "Money Movers."
Persons: Buffett, Buffet, Warren Buffett, it's, couldn't, John Maynard Keynes, Keynes, Gary Cohn, Cohn, Dev Ittycheria, Elon Musk, Mark Zuckerberg, Sam Altman, Robert Solow, Berkshire Hathaway Organizations: Apple, Berkshire Hathaway, Berkshire, IBM, National Economic, CNBC, Nvidia, McKinsey, Harvard Business Locations: Omaha, Berkshire
Apple | Spotify | Amazon | YouTube Listen to and follow ‘Hard Fork’We asked listeners to tell us about the wildest ways they have been using artificial intelligence at work. This week, we bring you their stories. Then, Hank Green, a legendary YouTuber, stops by to talk about how creators are reacting to the prospect of a ban on TikTok, and about how he’s navigating an increasingly fragmented online environment. And finally, deep fakes are coming to Main Street: We’ll tell you the story of how they caused turmoil in a Maryland high school and what, if anything, can be done to fight them. Guests:Hank Green, YouTuber and co-founder of ComplexlyAdditional Reading:
Persons: Hank Green Organizations: Apple, Spotify, Complexly Locations: Maryland
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