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☆ Berkshire Hathaway now owns 100% of BHE, but the utility giant has been a weak spot for the conglomerate
▼ + stars: | 2024-10-06 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Warren Buffett took full control of Berkshire Hathaway Energy, a utility giant that it has owned a majority stake in since 1999, but the business has been a drag on the conglomerate. Berkshire bought the stake for $2.37 billion in cash, $600 million in debt as well as a significant amount of Berkshire Class B shares , according to a regulatory filing. Berkshire Vice Chairman Greg Abel, Buffett's designated successor, sold his 1% stake in BHE for $870 million at a much higher valuation just two years ago. The utility arm has been a weak spot for the conglomerate, which has otherwise enjoyed a few outstanding years. "BHE has been under pressure," said Cathy Seifert, Berkshire analyst at CFRA Research.

Persons: Warren Buffett, Walter Scott, Buffett, Bill Stone, Greg Abel, Buffett's, Abel, BHE, Cathy Seifert Organizations: Berkshire Hathaway Energy, Berkshire, Berkshire Class, Glenview Trust Company, CNBC, BHE, Oracle, CFRA Locations: Berkshire, Omaha, BHE, Glenview, U.S

☆ Musk calls for people to register to vote
▼ + stars: | 2024-10-05 | by ( Daniel Strauss | ) edition.cnn.com time to read: +3 min

CNN —In his first appearance with Donald Trump on the campaign trail, billionaire Elon Musk on Saturday called on people to register to vote as he cast Democrats as a threat to democracy. “Register to vote, OK? Drag them to register to vote. There’s only two days left to register to vote in Georgia and Arizona. And then make sure they actually do vote,” Musk said at the former president’s rally in Butler, Pennsylvania.

Persons: CNN —, Donald Trump, Elon Musk, There’s, ” Musk, Musk, Kamala Harris, Joe Biden, “, Trump, Harris, Musk’s, Corey Contempore, ” Trump, Ohio Sen, JD Vance, Eric Trump, Lara Trump, Scott Presler, Christopher Macchio, ”, ” Trump baselessly, I’ve, Biden, CNN’s Kate Sullivan, Shania Shelton Organizations: CNN, Trump, Capitol, RNC Locations: Georgia, Arizona, Butler , Pennsylvania, America, Butler, Maria, Florida

☆ Bailey Sharp, 23, was killed after plotting California man's murder; co-conspirators sentenced to life, as seen on Dateline
▼ + stars: | 2024-10-04 | by ( Tim Stelloh | Rebeccah Glaser | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +11 min

For years, Jeff Sharp often relied on the same refrain when he came upon an addict. The only reason Bailey wasn’t charged in Hilbert’s murder, Zois told “Dateline,” is because she is dead. A lawyer for Bischoff disputed this account, telling “Dateline” that his client had nothing to do with Hilbert’s murder. Bailey Sharp, 23, was killed weeks after Justin Hilbert's murder. And without that money, the arrangement between Bischoff, Bailey and Serrano fell apart in the weeks that followed.

Persons: Jeff Sharp, Sharp, —, ”, Bailey, Bailey Sharp, Justin Hilbert —, — Bailey, Amy Zois, Zois, Jared Bischoff, Bischoff, Danny Serrano, Bailey wasn’t, Ericka Sharp, “, Ericka, Jeff, it’s, ” Jeff, he’d, ” Ericka, hadn’t, Tonya Reppe, Justin Hilbert, Hilbert, Bailey —, Serrano, Bailey’s, Lance Stoyer, Justin Hilbert's, Reppe, Stoyer, Hilbert —, she’d, Ricky, Bischoff’s, ” Zois, Dateline ”, Cathy, Steve Hudson Organizations: Seattle Police, Riverside, Former Navy, “ Dateline, ”, Zois, Sheriff’s, Facebook, NBC, “, Dateline, Sharps, “ Dateline ” Locations: Southern California, Riverside County, Riverside, Inland, Riverside , Calif, Seattle, California, Texas, she’d, Palm Springs

A drag queen who was included in a Trump campaign ad has suggested he may take legal action since he did not give the campaign permission to use the video of him. The ad also showed Harris posing for pictures with drag queen Pattie Gonia at a 2022 Pride month event. “President Trump is for you.”On Thursday, Pattie Gonia — whose real name is Wyn Wiley — posted a video on his social media accounts denouncing the ad. “No, the Trump campaign did not have my permission to use my name or likeness. A representative for the Trump campaign did not immediately return a request for comment.

Persons: Kamala Harris, Harris, Pattie Gonia, “ Kamala, ”, Trump, Pattie Gonia —, Wyn Wiley —, ” Wiley, “, ” Wiley —, TikTok —, Wiley, Donald Trump, Harris “, “ You’re Organizations: Trump, “, Trans, NBC, Civil Liberties Union Locations: of, Instagram, Pride, California, U.S

☆ Medicare shake-up sends Humana stock down 23% in a week for its worst drop since 2009
▼ + stars: | 2024-10-04 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Humana's stock is down 23% in its worst weekly drop since 2020 and biggest two-day decline since 2009. The drop comes as Medicare downgraded ratings on some of Humana's health insurance plans. The health insurer's shares are down 23% since the start of the week, marking its biggest weekly drop since 2020 and its biggest two-day decline in 15 years. Over those days, the stock declined 22%, the biggest two-day drop since the financial crisis in 2009. They said Medicare Advantage plans could see further pressure if Democrats win in the upcoming elections, which would hinder Humana's recovery.

Persons: —, It's, AJ Rice, Humana's downgrades Organizations: Service, Humana, UBS, Bank of America

☆ How immigration reform will supercharge the labor market, reduce national debt by over $600 billion in the next 2 decades: Research Affiliates CIO
▼ + stars: | 2024-10-04 | by ( Christine Ji | ) www.businessinsider.com time to read: +5 min

Research Affiliates CIO Chris Brightman believes immigration reform is needed to boost the economy. One proposed policy is projected to energize the labor market and liquidate $0.6 trillion in debt. But to one chief investment officer, immigration policy isn't a matter of political debate — it's an economic nonnegotiable. A declining population brings with it a declining labor force. Immigration policy solutionsBrightman sees the need for more friendly immigration policies such as providing permanent residency to immigrants who graduate from US universities.

Persons: Chris Brightman, —, Brightman, they're Organizations: Research, Service, Social Security, Medicare, Immigrants, Penn Wharton Budget, Immigration Locations: Japan, Korea, Taiwan, Canada, New Zealand, Australia, outlays

☆ Virginia GOP Senate candidate suggests people who are tolerant of drag queens aren't tough enough for the military
▼ + stars: | 2024-10-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | Megan Lebowitz | ) www.nbcnews.com time to read: +3 min

Hung Cao, the Republican Senate nominee in Virginia, disparaged drag queens and people who are tolerant of them by implying Wednesday that they are not tough enough to serve in the military. Cao, a Navy veteran, was asked to explain how he believes DEI could affect military recruitment. According to his campaign website, Cao is a retired Navy captain who served with special operations in Iraq, Afghanistan and Somalia. Former President Donald Trump endorsed Cao in the Senate GOP primary; Cao later spoke at the Republican National Convention. The Cook Political Report, which examines the competitiveness of congressional seats and the presidential race, characterizes the Virginia Senate seat as "solid" Democrat.

Persons: Hung Cao, Cao, Democratic Sen, Tim Kaine, that’s, Biden, Republican pushback, Sen, Tommy Tuberville, Cao's, Kaine, Republican Hung Cao, Eric Lee, Hillary Clinton's, Donald Trump Organizations: Republican, Democratic, Navy, Department of Homeland Security, FBI, Bloomberg, Getty, GOP, Republican National Convention, Virginia Senate, Democrat Locations: Virginia, Iraq, Afghanistan, Somalia

☆ 10 things to watch in the market Thursday, including great news from Nvidia's CEO
▼ + stars: | 2024-10-03 | by ( Jeff Marks | ) www.cnbc.com time to read: +7 min

My top 10 things to watch Thursday, Oct. 3 Today's newsletter was written by the Investing Club's director of portfolio analysis, Jeff Marks. But the analysts said they would be buyers of the Club stock on weakness in 2025. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. My top 10 things to watch Thursday, Oct. 3Today's newsletter was written by the Investing Club's director of portfolio analysis, Jeff Marks. But the analysts said they would be buyers of the Club stock on weakness in 2025.

Persons: Jeff Marks, Stocks, Dow, Beer, Jensen Huang, Blackwell, Eli Lilly, Morgan Stanley, Oppenheimer, Levi Strauss, Levi, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Constellation Brands, Modelo, Corona, Constellation, Nvidia, CNBC, Club, Bank of America, Devices, Amazon, Deutsche Bank, Costco, Dockers, Barclays, PepsiCo, Jim Cramer's Charitable Locations: Northern New Jersey, Europe, Americas

☆ Israel is weighing up how to strike back against Iran. Here's how it could play out.
▼ + stars: | 2024-10-03 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +6 min

Global stocks dipped again on Thursday, while oil prices rose further as markets braced for a wider regional war in the Middle East. "He has been advocating for hitting Iran and for the United States to target Iran. There are several potential targets Netanyahu may be considering:Iran's oil facilitiesOne target could be Iran's oil production facilities. Oil prices spiked for a third day on Thursday, fueled by speculation that the growing conflict could limit production. With oil prices rising, there are fears that the industrial recession the US economy is experiencing could snowball into a full-fledged downturn.

Persons: —, Benjamin Netanyahu, Netanyahu's, Netanyahu, Sen, Lindsey Graham of, Biden, Piper Sandler, Jake Oubina, Axios, Beni Sabti, Ayatollah Ali Khamenei, Chris Doyle, Naftali Bennett, Bennett, Gen Herzi Halevi, Farzan, Sabet, Israel's Organizations: Service, Experts, Central, Politics, Deakin University, Iran, Financial Times, Reuters, Brent, West Texas, Fox Business, Institute of National Security, Iran's Revolutionary Guard, Council, Guardian, US, Military, Global Governance Centre, Geneva Graduate Institute Locations: Israel, Iran, Middle East, Australia, United States, Lindsey Graham of South Carolina, Tel Aviv, British

☆ Saudi minister says crude prices could fall 33% if OPEC members don't stop pumping so much
▼ + stars: | 2024-10-02 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Saudi Arabia's oil minister says crude prices could fall as low as $50 per barrel. AdvertisementSaudi Arabia's oil minister says oil prices could fall as low as $50 per barrel if OPEC+ keeps overproducing, according to a Wall Street Journal report. $50 per barrel oil would drag Brent crude, the international benchmark, down 33% from current levels. The Saudi minister called out Iraq, which surpassed its quota by 400,000 barrels per day in August, according to S&P Global Ratings data. The OPEC leader caused prices to fall below $10 per barrel in 1986 after boosting output to penalize other producers.

Persons: —, Prince Abdulaziz bin, Brent, That's Organizations: Service, Wall, Financial Times, OPEC Locations: Saudi, Lebanon, Iran, Kazakhstan, Riyadh, Iraq, Saudi Arabia, OPEC

☆ Billionaire investor Ray Dalio has a solution for China, but it'll need Beijing to radically remake its own rules
▼ + stars: | 2024-10-02 | by ( Matthew Loh | ) www.businessinsider.com time to read: +6 min

Ray Dalio is again promoting the idea that China urgently needs to start a "beautiful deleveraging." In a LinkedIn post on Tuesday, Dalio wrote of what he called a "beautiful deleveraging," or an aggressive, two-pronged approach to solving debt issues. Dalio wrote that Chinese leader Xi Jinping's unprecedented stimulus sparked a "big week" for economic optimism, but it won't be enough. The interest rate cuts would ideally be so drastic that they run below inflation and nominal growth rates, Dalio wrote. If Beijing doesn't start a "beautiful deleveraging," he said, it risks allowing its crisis to drag on and create an "economic and psychological malaise like Japan experienced."

Persons: Ray Dalio, Dalio, —, Xi, They'll Organizations: Service, Bridgewater Associates, Washington Locations: China, Beijing, Japan, US

☆ Regional war is effectively here. What Israel does next will be pivotal
▼ + stars: | 2024-10-02 | by ( Mick Krever | ) edition.cnn.com time to read: +6 min

CNN —In the days after Hamas’ October 7 attack on Israel, fears ran high of a regional war. The conflict would not be contained in Gaza, the thinking went – Hezbollah would attack Israel from the north, the Houthis from Yemen, and Iranian proxies from Iraq. Israel would be forced to respond, it would come into direct conflict with Iran, and the wider war would be upon us. A day after Iran launched its largest ever ballistic missile attack on Israel – and as Israeli troops battle Hezbollah fighters on the ground in Lebanon – regional war is effectively here. Now is the time that we can attack, because Iran is fully vulnerable.”Smoke rises following Israel's bombardment in southern Lebanon on Wednesday.

Persons: Israel, Israel –, West Bank –, ”, Fatemeh Mohajerani, Ismail Haniyeh, Maya Alleruzzo, Benjamin Netanyahu, Nasrallah, ” Netanyahu, Hassan Nasrallah, Naftali Bennett, you’ve, ” Bennett, Baz Ratner, “, United States –, Jake Sullivan Organizations: CNN, West Bank, Israeli, Israel, Hamas, “, National Locations: Israel, Gaza, Yemen, Iraq, Iran, Lebanon, Damascus, Iranian, Palestinian, Tehran, Rosh Haayin, Beirut, “, Hezbollah, Syria, Hodeidah, United States

☆ The economy is in an industrial recession and higher oil prices could spark a full downturn, Wall Street economist says
▼ + stars: | 2024-10-02 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The US is in an industrial recession, according to Piper Sandler economist Jake Oubina. A spike in oil prices could be enough to tip the economy into a full recession, Oubina added. But in general, the economy's showing an industrial recession," Oubina said in an interview with Fox Business on Tuesday. AdvertisementThe economy could slip into a broader recession if there's a spike in oil and energy prices, Oubina added. "Oil prices spiking, energy prices spiking in the past, have been enough to tip the economy from a slowing into a recession.

Persons: Piper Sandler, Jake Oubina, —, That's, Oubina, Brent Organizations: Service, Institute of Supply Management, Fox Business, Atlanta Fed, Bank of America Locations: Iran, Israel

☆ Port strike could reignite inflation, with larger economic impact dependent on how long it lasts
▼ + stars: | 2024-10-01 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

Port of Miami dockworkers strike near the port entrance and demand a new labor contract, on October 1, 2024 in Miami, Florida. One rule of thumb is that for each strike day, it takes nearly a week to get ports operating at normal levels. watch now"We think fears around the potential economic impacts are overdone," wrote Bradley Saunders, North America economist at Capital Economics. "Frequent shocks to supply chains in recent years have left producers more attuned to the risks of running low inventories. "There is little chance that the administration would risk jeopardizing its recent economic successes less than two months before a tightly-contested election," he said.

Persons: Giorgio Viera, Joe Biden, Taft, Hartley, Joseph Brusuelas, Andrew Hollenhorst, Bradley Saunders, Saunders, there's Organizations: Afp, Getty, International Longshoreman's Association, U.S . Maritime Alliance, Labor, RSM, Atlanta Federal Reserve, Citigroup, New, New York Fed, Capital Economics, ILA Locations: Miami, Miami , Florida, East, Gulf, U.S, United States, West Coast, New York, North America

☆ Israeli commandos raid Lebanon — the latest sign Netanyahu is ignoring Biden's warnings
▼ + stars: | 2024-09-30 | by ( Tom Porter | ) www.businessinsider.com time to read: +8 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPrime Minister Benjamin Netanyahu is rapidly escalating Israel's campaign against its regional foes and trampling on US diplomatic efforts in the process. In the latest sign he's ignoring US warnings, The Wall Street Journal reported that Israeli special-operations forces were carrying out raids into southern Lebanon as the possibility of a ground incursion this week loomed. Getty Images"We are shocked," one US official told CNN after Netanyahu rejected the cease-fire proposal before Israel launched its attacks. It's the latest instance of the Israeli leader ignoring or rejecting Biden's attempts to restrain Israeli military action in Gaza and, more recently, Lebanon.

Persons: Israel's Benjamin Netanyahu, Biden, —, Benjamin Netanyahu, Amir Avivi, Avivi, Fateh Sherif Abu el, Amin, Hezbollah's, Hassan Nasrallah, Israel's, Joe Biden, Gilbert Achcar, Jasmine El, Obama, He's, Netanyahu, Israel, Nasrallah, he's, Richard Dannatt, hadn't, Dannatt, It's, Sarah Leah Whitson, Jake Sullivan, Antony Blinken, Blinken Organizations: Service, Street Journal, IDF, Hamas, SOAS University of London, US Marine Corps, Getty, CNN, Israel, British, East, Sky News, Foreign Relations, Political, Military Affairs, United Nations, White Locations: Israel, Lebanon, Beirut, Iran, Gaza, France

☆ Chappell Roan dropping out of a music festival had an unexpected upside for fans of queer pop
▼ + stars: | 2024-09-30 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +8 min

The music festival All Things Go took place on Saturday and Sunday in Maryland and New York. Chappell Roan, a major draw, dropped out at the last minute — but other performers made up for it. Artists like MUNA, Reneé Rapp, and Janelle Monáe proved that other queer artists deserve the spotlight, too. AdvertisementOn Sunday evening, MUNA welcomed the crowd at Maryland's Merriweather Post Pavilion to All Things Go Music Festival, which the group lovingly dubbed "Lesbopalooza." At least one person was in full Lady Liberty drag, emulating Roan's onstage look at Governors Ball in June.

Persons: Chappell Roan, MUNA, Reneé Rapp, Janelle Monáe, —, Katie Gavin, Naomi McPherson, Josette Maskin, MUNA wasn't, Nina Westervelt, festivalgoers, they'd, Roan, Hozier, they've, Phoebe Bridgers, Gracie Abrams, Arlo Parks, Julien Baker, Lucy Dacus, Towa, she's, it's, Towa Bird, Rapp, Amber Bain, Maren Morris, Ethel Cain, Conan Gray, there's Organizations: Service, Maryland's, York, Forest, Spotify, Lady Liberty, Ball, Democratic, The Locations: Maryland, New York, Queens, Roan's

☆ This is the cost of carrying too much cash, according to Wells Fargo
▼ + stars: | 2024-09-30 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Americans' love affair with cash may be costing them in the long run, according to Wells Fargo. A record $6.42 trillion is sitting in money market funds, as of Wednesday, according to the Investment Company Institute . The seven-day annualized yield on the Crane 100 list of the 100 largest taxable money funds is currently 4.75%. During Fed rate decreases, direct money market investments, like Treasury bills, will absorb the cuts quicker than money market funds. "A long-term risk of relying on money market funds as a sizable allocation is the cash drag over our strategic time horizon," she said.

Persons: Peter Crane, Crane, Michelle Wan, Wan, Wells Fargo, Brian Rehling Organizations: Investment Company Institute, Federal Reserve, Crane Locations: Wells Fargo

☆ Iran weighs its next move as its closest ally takes a hit in Lebanon
▼ + stars: | 2024-09-28 | by ( Abbas Al Lawati | Mostafa Salem | ) edition.cnn.com time to read: +12 min

As Tehran watches its most prized non-state ally take a beating, questions are mounting about how it may respond. Israel then began an air assault that killed several Hezbollah commanders and led to the highest number of casualties in Lebanon in almost two decades. The Israeli military has claimed that Nasrallah has been killed, but Hezbollah is yet to comment on the matter. But it’s not an easy option as they will (become) targets, and they don’t understand Lebanon.”Under what circumstances would Iran intervene? This week however, Foreign Minister Abbas Araghchi warned that his country would not remain “indifferent” if a full-scale war between Israel and Hezbollah erupted in Lebanon.

Persons: CNN —, Israel, Hassan Nasrallah, Nasrallah, “, ”, Hanin Ghaddar, Amal Saad, Saad, … it’s, it’s, Ayatollah Ali Khamenei, Trita Parsi, Mohamed Azakir, Farzin, Nadimi, ” Saad, ” Parsi, Parsi, Masoud Pezeshkian, Javad Zarif, Donald Trump, Mike Segar, Pezeshkian, CNN’s Christiane Amanpour, Zarif, Ismail Haniyeh, Abbas Araghchi Organizations: CNN, Washington Institute, AFP, Cardiff University, Islamic Revolutionary Guard Corps, ”, Washington DC, Quincy Institute, American University of, American University of Beirut Medical Center, Islamic, United Nations, United Nations General Assembly, UN, Reuters, Israel, West, Assembly, UN Security Locations: Israel, Tehran, Gaza, Lebanon, Beirut, Wales, Tel Aviv, Lebanese, Iran, American University of Beirut, Damascus, United States, “, Iraq, Syria, Yemen, Islamic Republic, New York

☆ UniCredit's pursuit of Commerzbank reflects a watershed moment for Europe — and its banking union
▼ + stars: | 2024-09-26 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +4 min

Kirill Kudryavtsev | Afp | Getty ImagesEuropean banking's latest takeover battle is widely regarded as a potential turning point for the region — particularly the bloc's incomplete banking union. Whatever the outcome of UniCredit's swoop on Commerzbank, Marsh said the episode marks "another huge test" for German Chancellor Olaf Scholz. What is Europe's banking union? OMFIF's Marsh said Germany's opposition to UniCredit's move on Commerzbank means Berlin "now stands accused of favouring European banking integration only on its own terms." The logo of German bank Commerzbank seen on a branch office near The Commerzbank Tower in Frankfurt.

Persons: Kirill Kudryavtsev, Italy's UniCredit, David Marsh, Marsh, Olaf Scholz, Scholz, –, Germany's Scholz, OMFIF's Marsh, UniCredit's, Daniel Roland, Onur Genç, Mario Centeno, CNBC's, —, Centeno Organizations: European Central Bank, Afp, Getty, London, European Union, CNBC, BBVA, Banco Sabadell, Reuters, European Central Bank's Governing, EU Locations: Frankfurt, Germany, Germany's, Milan, Europe, Commerzbank, Italy, Berlin, Spanish, Brussels, Spain

☆ Ron Insana: China's stock rally won't last because its economic problems run too deep
▼ + stars: | 2024-09-26 | by ( Ron Insana | ) www.cnbc.com time to read: +5 min

China's stock market has recently rebounded on the promise of further economic and market stimulus. The measures include cuts to a variety of interest rates , as well as support for China's flagging real estate sector . China's stimulus efforts The Shanghai Composite has rallied sharply in the aftermath of those moves but remains about 50% below its all-time high of nearly 6,000, last seen in 2007. These moves have failed to boost growth or lead to a durable and sustainable stock market rally. The U.S. stock market accounted for roughly 60% of global stock market valuation in 2023.

Persons: David Tepper, Let's, Ron Insana Organizations: Bank, Atlanta, Apple, Microsoft, Nvidia, Amazon, European Union, U.S . Energy, Administration, The, U.S, Olympus, CNBC Locations: United States, China, It's, Shanghai, U.S, Beijing, Europe, Canada, European, The U.S, Russia, Iran, North Korea

The logistics of having to haul all the stuff three kids need felt like an impossible task with just two parents. AdvertisementI hated traveling with strollersMy kids are only two years apart, so we've always traveled with a stroller. The JetKids ride-on suitcase allows you to drag your kid around the airport with ease. Kids sit on the little suitcase and hold on to a strap, and the parent has a long strap to pull it. AdvertisementI tried it while traveling with my twins aloneRecently I traveled with my twins by myself for the first time.

Persons: —, I'm, strollers, we've, you've, We've Organizations: Service, Business, Passengers, Facebook Locations: Argentina, Miami

☆ China's Xi and top leaders call for halting real estate decline, responding to public concerns
▼ + stars: | 2024-09-26 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Authorities "must work to halt the real estate market decline and spur a stable recovery," the readout said in Chinese, translated by CNBC. The readout said leaders called for strengthening fiscal and monetary policy support, and touched on a swath of issues from employment to the aging population. Just days after the U.S. cut interest rates, the People's Bank of China on Tuesday announced a slew of planned interest rate cuts and real estate support. This real estate policy is aiming at reducing its drag on the economy." Tempering growth expectationsThe meeting readout said China would "work hard to complete" the country's full-year economic targets.

Persons: Xi Jinping, Zhiwei Zhang, Stocks, Goldman Sachs, Yue Su, Zong Liang, Zong, Bruce Pang Organizations: Getty, CNBC, Communist Party, People's Bank of China, Economist Intelligence Unit, Bank of Locations: Yuexi County, Anqing, Anhui province, China, BEIJING, Hong Kong, U.S, Beijing, JLL

A school-privatization activist and frequent Fox News guest whose work has been praised by former President Donald Trump was placed on leave by his conservative nonprofit employer after reports that he had appeared in gay pornography videos surfaced. A person who resembles DeAngelis and performs under the name “Seth Rose” appears in at least three gay adult films on the pornography site GayHoopla dating to 2014. The existence of the videos was first reported last week by the blog Str8 Up Gay Porn, which shares gay porn and articles about sex. In more recent years, he has become a fierce advocate of “school choice,” which subsidizes private schools with public dollars. “It’s just so strange how the far left is so obsessed with inserting sexual topics into elementary schools,” DeAngelis said in the segment.

Persons: Donald Trump, Corey DeAngelis, Betsy DeVos, Rebekah Bydlak, “, ” Bydlak, DeAngelis, Seth Rose ”, “ Seth Rose ”, Forbes, Carl Nassib, “ It’s, ” DeAngelis, ”, ’, ” Trump, “ Corey DeAngelis, JD Vance, Vance, Mike Johnson, — Organizations: Fox News, American Federation for Children, University of Arkansas, Los Angeles Unified School District, NFL, Parental, Republican, Trump, American Federation for, NBC Locations: Israel

☆ Pop star Chappell Roan says she’ll vote for Harris after previously waffling on 2024 election choice
▼ + stars: | 2024-09-25 | by ( Donald Judd | Elizabeth Wagmeister | ) edition.cnn.com time to read: +3 min

“If you come to my shows, if you read my full interviews, if you literally know anything about me and for what I stand for. “So yeah – I’m voting for f**king Kamala, but I’m not settling for what has been offered, because that’s questionable.”CNN has reached out to the Harris campaign. A representative for Roan declined to comment further when contacted by CNN. The saga marks the latest example of the tightrope celebrities in the age of TikTok and social media have had to tread in voicing their support – or silence – on politics. After Swift endorsed Harris, the superstar faced backlash from Trump, who told Fox News that he “was not a Taylor Swift fan” and said that she will “probably pay a price for it in the marketplace.”

Persons: Chappell Roan, Kamala Harris, ” Roan, “, Rolling Stone, Roan, Roan –, –, ”, Donald, Trump, Kamala, Harris, Taylor Swift, Brittany Mahomes, Patrick Mahomes, who’s, Swift, Taylor Organizations: CNN, Guardian, White, Democratic, ” CNN, Kansas City Chiefs, Trump, Fox News Locations: Gaza, ”, Palestine

☆ Republicans are defying Trump's demand to force a government shutdown before the election
▼ + stars: | 2024-09-23 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Yet Johnson, and any other Republican who votes for this bill, will be quietly defying Trump's wishes just weeks before the 2024 election. In essence, Trump asked Republicans to threaten a government shutdown over the provision. Yet when the continuing resolution with the SAVE Act came up for a vote last week, it failed, with 14 Republicans voting against it. Many Republicans simply don't want to have this fight right nowDespite Trump's push, Republicans on Capitol Hill understand that actually following his lead would be reckless. It's certainly possible that most Republicans will vote against Johnson's new government funding bill.

Persons: —, Mike Johnson, Donald Trump, Johnson, Trump's, Trump, Mitch McConnell, It's, isn't, Joe Biden's Organizations: Service, Business, Republican, Republicans, Capitol, Social, SAVE Locations: It's

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