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The report also highlights the types of technological issues that are common within massive federal bureaucracies like the Secret Service. Communications were siloed, and the Secret Service "did not ensure it could share information with local law enforcement partners in real time," the report says. The Secret Service released its own internal report last week. Sen. Richard Blumenthal, D-Conn., who chairs the investigations subcommittee, said the Secret Service engaged in an “Abbott and Costello kind of 'Who’s on First?' He argued Tuesday that the Secret Service was "stonewalling" the congressional investigation.
Persons: WASHINGTON, Donald Trump, Trump, Butler, weren’t, , Sen, Richard Blumenthal, Conn, Abbott, Costello, Blumenthal, , Gary Peters, ” Peters, ” Sen, Ron Johnson, Johnson, Trump's Organizations: Republican, Senate Homeland Security Committee, Investigations, Service, Communications, Trump, Secret Service, Secret, Department of Homeland Security, Homeland Security, NBC News, Unmanned Aircraft Locations: Butler , Pennsylvania, Butler
The average American has thousands of dollars of credit card debt. As a whole, Americans hold a record $1.14 trillion in credit card debt as of the second quarter of this year, according to the Federal Reserve Bank of New York's August report. "Credit card debt is easy to get into and hard to get out of," Rossman says. Carrying credit card debt can cost youCarrying a balance from month to month can make your credit card debt more expensive in the long run due to accruing interest. How to pay off your credit card debt
Persons: Ted Rossman, Bankrate, Rossman, it's Organizations: Federal Reserve Bank of New, CNBC Locations: LendingTree
A national interest rate cap requires CongressUnder current federal law, nationwide limits on credit card interest rates are scarce, consumer advocates say. Likewise, federal credit unions are typically restricted to an 18% interest rate on their credit cards. “A president cannot set a cap on credit card interest rates,” said Rust. A 10% interest rate cap could backfireFinancial experts on both sides of the debate expressed concerns that a 10% interest rate cap could backfire on consumers in various ways. “Otherwise, it is a game of whack-a-mole.”In 2022, credit card issuers charged $14 billion in late fees, he noted.
Persons: Donald Trump, Trump, , Kamala Harris, It’s, Trump’s, Ted Rossman, ” Rossman, Karoline Leavitt, ” Harris hasn’t, Biden, Adam Rust, Rust, , ” Rust, Lauren Saunders, Nicholas Anthony, they’re, ” Anthony, Rossman, Saunders, “ Banks Organizations: Social Security, Republican, Democratic, Federal, Bankrate, CNBC, Consumer Financial, Consumer Federation of America, Bank Act, Consumer Financial Protection Bureau, Consumer Financial Protection, National Consumer Law, Cato Institute’s Center, Monetary, Bureau, U.S . Chamber of Commerce Locations: New York, South Dakota, Delaware, Utah, U.S, Bankrate
She also deleted a post calling Robinson “North Carolina’s next governor.” Buckhout appears to have deleted five tweets in total. Dave Boliek, the GOP candidate for state auditor in North Carolina, appears to have deleted a Facebook post featuring Robinson from August 2024. Dave Boliek, who is running for state auditor, deleted a post showing him and Mark Robinson together in August. Outside of North Carolina, national Republicans and conservative activist and advocacy groups have distanced themselves from Robinson. Bill Lee, the chair of the Republican Governors Association, also pulled his endorsement and canceled a RGA fundraiser in Greensboro, North Carolina.
Persons: Mark Robinson, Robinson, Laurie Buckhout, ” Buckhout, Dave Boliek, Sen, Lisa Stone Barnes, Bill Ward, Stacie McGinn, , Allen Chesser, McGinn, I’m, ” Hal Weatherman, , Thom Tillis, CNN’s Manu Raju, we’ve, ” Tillis, Robinson doesn’t, Ted Budd, Virginia Foxx, hasn’t, Foxx, Brian Kemp, Bill Lee, Vance, Trump, , Josh Stein Organizations: CNN, Republicans, Republican, NAZI, US, Congressional, House, GOP, Wayback, State, District, North Carolina Republicans, North Carolina, Punchbowl News, Gov, . Tennessee Gov, Republican Governors Association, Trump, Dakota, National Rifle Association, Facebook Locations: North Carolina, North Carolina’s, Carolina’s, Mecklenburg County, South Mecklenburg County, Washington, North, Georgia, Greensboro , North Carolina, Wisconsin, Johnston County , North Carolina
After Mr. Trump fired Mr. Comey, Mr. McCabe opened a two-pronged investigation into whether Mr. Trump was a counterintelligence threat and was obstructing justice. Mr. Trump said he wanted to “get the I.R.S.” on Mr. McCabe and for him to be fired. Working with Mr. McCabe, Mr. Strzok opened the two-pronged investigation into whether Mr. Trump was a counterintelligence threat and was obstructing justice. What Trump wanted doneMr. Trump called Mr. Strzok a traitor and said he should be criminally investigated for his handling of the Russia investigation. What news organizations did that Trump did not likeJournalists from all three organizations covered the Trump presidency and the Russia investigation aggressively and used material that Mr. Trump felt had been leaked to hurt him.
Persons: Donald J, Trump, Marco Rubio, James B, Hillary Clinton, Robert S, Mueller III, James Comey, Comey, Clinton, Mr, , Andrew G, McCabe, F.B.I, Comey’s, , Prosecutors, McCabe’s, Jeff Sessions, , Peter Strzok, Strzok, Michael T, Flynn, Flynn’s, John F, Kerry Obama's, Kerry, Barack Obama, William P, Barr, Hilary Clinton, Sessions, Trump’s, John Durham, Michael D, Cohen Trump's, fixer, Cohen, Michael Cohen, Witch Hunt, John R, Bolton, Biden, John Bolton, Hillary, pardoning, subpoenaing Mr, White, Omarosa Manigault Newman, Manigault Newman, lowlife, ” Donald J, Stephanie Winston Wolkoff, Melania Trump, Wolkoff Organizations: Trump Rivals, America, Republican, CNN, Justice Department, Department, Trump, Mr, White, Federal, Biden Justice Department, Publicly, Prosecutors, Justice, U.S, Trump Justice Department, Clinton Foundation, FBI, DNC, of Prisons, News, Washington Post, The New York Times, Fake News, Bolton, White House, House Locations: Florida, Russia, Washington, Virginia, Clinton, Iran, Manhattan, New York, Maryland
Trump is “immensely happy with JD’s performance,” said a person who speaks with Trump and is familiar with his thinking. “I didn’t discuss it with JD, in all fairness,” Trump said when pressed on the issue during his debate last week with Vice President Kamala Harris. “I know from experience, nobody speaks for Donald J. Trump except for Donald J. Trump, right?”“Vice President Pence viewed his role as a translator for President Trump to traditional Republican audiences,” a Trump ally said. 2Short also believes the relationship between Vance and Trump is different than the one Pence and Trump had prior to their falling out. “He loves that he has a smart person with balls who doesn’t only do Fox,” a person close to the campaign said.
Persons: Sen, JD Vance, Donald Trump’s, , Trump, ” Vance, Vance weren’t, Vance, , Vance “, Garrett Ventry, Elise Stefanik, ” Trump, Mike Pence, Pence, Trump’s mildest, Kamala Harris, Marc Short, ‘ JD, ’ ” Vance, Dana Bash, “ He’s, Kari Lake, Marjorie Taylor Greene, podcaster Shawn Ryan, Joe Biden’s, Barack Obama, Brian Hughes, ” Hughes, Harris, Biden, recapping, obsequious Trump, , Donald J, ” “, ” Trump’s, Mike, I’m, he’s, septuagenarian Trump, brags, Vince Lombardi —, JD, “ ‘ Lombardi, Organizations: NBC News, Republican, Trump, U.S, Capitol, Press, CNBC, Arizona GOP, JD, NATO, Yale Law School, Green Bay Packers Locations: , Springfield , Ohio, Raleigh , North Carolina, Springfield, “ State, Kari, Ukraine, Russia, America, Raleigh, Ohio
Musk did not respond to an email Tuesday asking about the Radio Free Europe/Radio Liberty report and about his sharing of Tenet Media content. Representatives for X also did not respond to a request for comment about Musk or about X’s handling of Tenet content. In posts on X, Musk has appeared unconcerned about Russia’s influence operations. The day after the indictment dropped, Musk accused The Associated Press of pushing anti-Trump “propaganda” in its coverage of Tenet Media. Southern and other commentators formerly employed by Tenet Media have said that they did nothing wrong.
Persons: Elon Musk, Tenet’s, Donald Trump, Trump, Musk’s reshare, Tenet, Dave Rubin, Benny Johnson, Christopher Wray, ” Tenet, Volodymyr Zelenskyy, Musk, X, Ben Shapiro, Josephine Lukito, ” Lukito, , Tim Pool, Rubin’s, Sen, Mark R, Martin Riedl, Lauren Southern, , ” Musk, ” Southern Organizations: Elon, Tenet Media, NBC, Republican, White, Tenet, Radio Free, Radio Liberty, Social Design Agency, Associated Press, Trump, University of Texas, , Tech, Senate Intelligence, Meta, Microsoft, Warner, Democratic, CNBC, School of Journalism, Media, University of Tennessee, NASA Locations: Russian, Russia, Radio Free Europe, Moscow, Knoxville, Europe
These notorious groups dominated organized crime in Chicago and New York for decades –- until prosecutors brought them down with one sweeping charge: racketeering. Blakey has helped draft racketeering laws in at least 22 statesIt’s not a specific crimeSimply put, racketeering means engaging in an illegal scheme. Prosecutors must prove a pattern involving at least two instances of racketeering activity to convict someone under the law. It’s purposefully broadCongress passed the RICO Act in 1970 to combat organized crime. But racketeering is “not only associated with organized crime,” Blakey says.
Persons: Gambino, Lucchese, Donald Trump, Kelly, Young Thug, Sean ‘ Diddy ’ Combs, G, Robert Blakey, Blakey, It’s, , Antonio Corallo, ” Blakey Organizations: CNN, Chicago Mafia, Notre Dame University, US Justice Department Locations: Chicago, New York
The Winklevoss twins, Coinbase and Ripple didn't immediately respond to requests for comment. Huge jump from 2020Delmore, who has been assembling reports on crypto donations in the 2024 election for blockchain analytics platform Breadcrumbs, told CNBC that industry spending is nearly double where it was in the mid-terms — more than $190 million in the 2024 election versus $98 million in the 2022 election. It's nearly 13 times spending in 2020 of $15 million — a figure based on a mix of data from FEC and OpenSecrets filings. Unlike the past two election cycles, which featured spending from the now-bankrupt crypto exchange FTX and founder Sam Bankman-Fried, this year's contributor list is more robust and diverse. "Most of the crypto donations in 2022 were from FTX and SBF and almost all of them went to Democrats or PACs that support Democrats," Delmore said.
Persons: Tyler Winklevoss, Cameron Winklevoss, Joe Raedle, Cameron, James Delmore, Donald Trump, Chris Larsen, Brad Garlinghouse, Ro Khanna, John Deaton, Democratic Sen, Elizabeth Warren, Stuart Alderoty, Alderoty, Ripple, David Sacks, Trump, Gary Gensler, Gensler, Harris, Biden, Delmore, It's, Sam Bankman, Fried, Andreessen Horowitz, Coinbase, Coinbase's Organizations: Gemini, Mana Convention, Getty, CNBC, Trump, Republican, Trump America PAC, Fairshake PAC, Labs, Democratic, SEC, San, FEC, Citizen, Fairshake, Bloomberg, Crypto Alliance, DC Locations: Wynwood, Miami , Florida, bitcoin, Massachusetts, San Francisco, FTX
Stocks in the firm's coverage universe have "significantly front-loaded expected rate cut benefits, well in excess of prior fed cycles," he said. The chances of a smaller 25 basis point cut have fallen to a 41% chance. Barclays analyst Matthew Bouley is watching the data very closely as well and said a lot will depend on how consumers react as mortgage rates fall. Bouley said this is one of the clearest signs yet that a recent decline in mortgage rates is bringing buyers into the market. Slightly more than half the analysts who cover the stock rate it a buy or overweight, it said.
Persons: Mike Dahl, Dahl, Toll, Taylor Morrison, Matthew Bouley, Bouley, Horton Organizations: Federal Reserve, RBC Capital Markets, Tri, Tri Pointe Homes, Toll, RBC, KB, Barclays Locations: Tri Pointe, staving, Horton
In reality, the Rat Pack offers regular citizens a crash course in rodent mitigation in hopes of inspiring them to take more active roles in what often feels like an unwinnable battle. AdvertisementThose who join the Rat Pack must complete three activities: a "rat walk" that promises to "uncover the world of urban rats," a two-hour "rat academy" on rodent-prevention methods, and a service project, like a park cleanup. If you seek to understand this rat, Corradi told our group, "you can kind of just hold up a mirror and look at yourself." Related storiesCorradi, recognizable from various press appearances and her navy Rat Pack hat, is supposed to offer New Yorkers additional peace of mind. And yet I secured my precious Rat Pack merch by doing exactly that.
Persons: Andrew Barrett, He's, Barrett, Eric Adams, Kathleen Corradi, Brooklyn's Herbert Von King, wouldn't, Corradi, haven't, Adams, Michael Parsons, we've, doesn't, there's, We've, , I'd, shrugged, You'll Organizations: NYC, Cub Scouts, Anadolu Agency, Washington DC, Anadolu Locations: Brooklyn, Yorkers, New York, New York City, Chicago, Brooklyn's Chinatown, West Harlem
China’s Risky Power Play in the South China SeaChina’s coast guard ships have swarmed and collided with Philippine boats. A New FlashpointFor months, the latest target of China’s power play was a Philippine coast guard ship, the Teresa Magbanua. Philippine coast guard Chinese ships Noon, June 17 A group of Chinese ships moved to block the Philippine vessel. SECOND THOMAS SHOAL SABINA SHOAL A Chinese ship began tailing a Philippine ship around 8 a.m. More Chinese ships waited here. 6 p.m. SECOND THOMAS SHOAL SABINA SHOAL The Chinese ships followed the Philippine ship.
Persons: Teresa Magbanua, Sabina, Thomas, , Jay Batongbacal, Sabina Shoal, Hu Bo, Ferdinand R, Marcos Jr, Mr, Hu, Marcos, Manlia, Jan, Thomas Shoal, , Rommel Ong, Wu Yanan, Samuel Paparo, General, Lei Organizations: South China, Bank, University of the, Philippine Coast Guard, Coast Guard, Associated Press, Armed Forces, Facebook, Ateneo School of Government, Philippine Navy, Philippine, China Coast Guard, Reuters, THOMAS, SECOND, Strategic, International Studies, Pacific Command, Theater Command, United, Liberation Army’s Academy of Military Sciences, People’s Liberation Army Locations: South, Philippine, China, Philippines, United States, Chinese, Spratly, Scarborough Shoal, Vietnam, PHILIPPINES SPRATLY, Palawan, SPRATLY, PHILIPPINES Palawan, Sabina, Manila, Asia, University of the Philippines, South China, Beijing, Shoal, Palawan ., China’s, U.S, United
AdvertisementBut Americans are not a monolith, as Jefferies consumer strategist Carey Kaufman pointed out in a note to clients Tuesday. Heading into the autumn, a considerable number of those in the bottom quintile appear to be running on borrowed time. Dollar Tree, which owns Family Dollar, reported similar consumer headwinds during its quarterly earnings this month. "What we noticed was an even tighter core consumer at the very last week of each of the months in Q2," he said. "While that's always a tighter week of the month for our core consumer, it was by far the weakest."
Persons: , Carey Kaufman, Ted Vasos, Vasos, David Bellinger, Ryan Grimsland, Will Stengel, Ally, Russell Hutchinson, paychecks aren't, that's, Bellinger Organizations: Service, Walmart, Costco, Business, Jefferies, Goldman, Global Retailing, Mizuho, Reuters, Federal Reserve Locations: U.S
No one can keep former President Donald Trump away from Laura Loomer. A senior official from Trump’s 2020 campaign team said that helps explain why Loomer is no longer being kept at arm’s length. “Senator Graham is working tirelessly day and night to help re-elect President Trump,” Graham communications director Taylor Reidy responded in a statement to NBC News. Loomer is “not a member of our staff,” said a Trump campaign aide, who asked to remain anonymous. I don’t work for President Trump.”Last year, she said she would "gladly" serve as press secretary in a Trump White House.
Persons: Donald Trump, Laura Loomer, Loomer, Kamala Harris, Loomer’s, Marjorie Taylor Greene, Sen, Lindsey Graham, Graham, Corey Lewandowski, , Trump, Harris, Greene, President Trump, ” Graham, Taylor Reidy, ” “, Joe Biden’s, , Hakeem Jeffries, “ Donald Trump, Joe Biden, “ Everybody’s, Organizations: stoke, Trump, NBC News, Republican, Congress, Indian, House, , Trump White House, Democrats, NYPD, FDNY, Locations: Loomer, Congress, Springfield , Ohio, Indian American, Greene, D
The campaign said Harris plans to do more interviews with local media in battleground states and speak more with her traveling press corps in the coming days. Her campaign’s media strategy has largely been a continuation of Biden’s, which is to minimize interactions with the media. Some allies said that Harris should use the momentum from the debate to change her cadence of interviews. “I don’t think you can hide for 56 more days from media interviews,” said one Democratic strategist, requesting anonymity to speak candidly. The Harris campaign also held a call that day, but it was off the record.
Persons: Kamala Harris ’, Harris, Donald Trump, Joe Biden’s, Tim Walz, Rickey Smiley —, , , Chuck Rocha, Rocha, Trump, Robert F, Kennedy Jr, “ Harris, She’s, Democratic Sen, Claire McCaskill, McCaskill, there’s, Matt Gaetz, ” Trump, Jason Miller, , Biden, Ohio Republican Sen, J.D, Vance, Walz, aren’t, ” Bonnie Fioramanti, ” Fioramanti, Harris —, Rich Thau, it’s, Kamala Harris, ” Harris, ” Sen, Chris Murphy, Conn, Jason Crow, James Carville, Paul Maslin Organizations: National Association of Black Journalists, Democratic, CNN, Minnesota Gov, Univision, Media, Trump, Fox News, ” MSNBC, , ” Conservatives, New York Times, Board, White House News Photographers Association, NBC News, The New York Times, NBC, Ohio Republican, ABC News, MSNBC, Fox, , Veteran Democratic Locations: Philadelphia, Republic, Ohio, Arizona, Siena, America
Retail credit card interest rates reach record high
  + stars: | 2024-09-12 | by ( Jeanne Sahadi | ) edition.cnn.com   time to read: +4 min
Here’s one way to think about these kinds of high-rate burdens:Say you sign up for a retailer’s card the day you make a $1,000 purchase. Or, consider that the interest you’ll pay in that same scenario will wipe out the $200 you “saved” after just nine months of making minimum required payments. The lowest rate on a retail card that the study found was 10%, on the Amazon Secured Card. “There are narrow circumstances in which retail cards can work for you. For a loyal shopper who pays in full and avoids interest, that’s a compelling value proposition,” he said.
Persons: Bankrate, Sam, Big, you’re, Ted Rossman, , you’ll, , Rossman, That’s Organizations: CNN, Academy, Nordstrom, Navy, Walgreens, QVC, Amazon, Military Star, Costco, Citi, IKEA Projekt, IKEA Visa Locations: Petco, Burlington, Banana, JCPenney, American
The latest weapon in the battle against cancer is showing promising results — and it's a growing opportunity for investors, according to Redburn Atlantic. To treat cancer, targeted radiopharmaceutical therapy directly goes after tumors with radiation by binding a radioactive particle to a targeting molecule. Delving into diagnostics There are also opportunities in the radiopharma diagnostics space, according to Redburn Atlantic. It has a "strong pipeline of radionuclides for both diagnosis and therapy," he said. "Lantheus benefits from its focus on this rapidly expanding market, with 78% of revenues from radiopharmaceuticals and related products," Ridley-Day added.
Persons: Ed Ridley, Eli Lilly, Myers, Ridley, Astra's, Lantheus Organizations: Big pharma, Novartis, Mariana Oncology, Biopharma, Myers Squibb, RayzeBio, AstraZeneca, Fusion Pharmaceuticals, GE Healthcare Technologies, Lantheus Holdings, GE Healthcare, GE Locations: Bristol, radiopharmaceuticals
Following Donald Trump’s lead, Johnson has tied a six-month funding bill to the SAVE Act, which would overhaul voting laws to require people to show proof of citizenship when registering to vote. Senate Majority Leader Chuck Schumer, D-N.Y., Democrats and some Republicans are pushing for a “clean” funding bill that would keep the government open until December, after the election. The government will shut down at 12:01 a.m. on Oct. 1 unless Republicans and Democrats strike a deal to extend funding. Because of their miniscule majority, House Republicans can only afford four GOP defections if all lawmakers vote. “I’m a firm NO on bankrupting the nation and a YES on election integrity,” Mills said.
Persons: Mike Johnson’s, Donald Trump’s, Johnson, Chuck Schumer, Joe Wilson, Cory Mills, Jim Banks, Matt Rosendale, Andy Biggs of, Tim Burchett, “ I’ve, ” Burchett, ” Mills, Trump, don’t Organizations: WASHINGTON, SAVE, Democrats, Republicans, GOP, CRs, Armed Services, Foreign Affairs Locations: Cory Mills of Florida, Jim Banks of Indiana, Matt Rosendale of Montana, Andy Biggs of Arizona, Tennessee, , China
Read previewHistorically, the US aircraft carrier fleet has been a showcase of American military superiority. "If all [China] wanted to do was protect [its] coastline, which is what they did for a long time, they wouldn't need aircraft carriers. He predicted that the US would see Chinese carriers operating off the coasts of California and Mexico within a decade. Russia's only aging aircraft carrier, the Adm. Kuznetsov, has been in service-life-extension overhaul since 2017. "Aircraft carriers exist because airplanes are useful.
Persons: , Gerald R, J, Michael Dahm, Peter W, Singer, Bryan McGrath, McGrath, Dwight D, Eisenhower, Kuznetsov Organizations: Service, US, Navy, Business, Nimitz, Ford, DefenseOne, Sandboxx News, Hamas, Carrier, Aircraft, Sandboxx Locations: Spain, Turkey, South Korea, China, Fujian, Liaoning, Philippines, Thailand, Japan, Korea, Australia, Israel, Gaza, California, Mexico
New York Fashion Week, which formally kicks off fashion month, has found itself at a crossroads in recent seasons as its counterparts in Milan and Paris have maintained dominance on the industry’s schedule with sought-after shows and splashy celebrity guest lists. Gilbert Flores/WWD/Getty ImagesBut Olympians haven’t just been on the guest list this week — they’ve made surprise runway debuts as well. The Nepali American designer Prabal Gurung, too, had a message, but one of hope. Paris Hilton invited Megan Thee Stallion for a performance at Hilton’s album release party with Nylon Magazine for New York Fashion Week. Victor Pagan/Getty ImagesA model walks the runway for the Off-White fashion show during New York Fashion Week on September 8, 2024 in New York City.
Persons: Ralph Lauren, Tommy Hilfiger, Lady Jill Biden, Usher, Jude Law, Tom Hiddleston, Naomi Watts, Solomon, Alaïa, supermodels Naomi Campbell, Linda Evangelista, Amber Valletta, Stephanie Seymour, Kendall Jenner, Ib Kamara, Zayn Malik, Mary J, Blige, Camila Cabello, Alessandra Ambrosio, Ashleigh Johnson —, Flav, Sunisa Lee, Jill Biden, Ralph Lauren’s Bridgehampton, Theo Wargo, Rihanna, Pieter Mulier, Brooke Shields, Gilbert Flores, haven’t, they’ve, ” Jordan Chiles, Kim Shui, Noah Lyles, Willy Chavarria’s, “ América, Adidas —, , Willy Chavarria, ” Nina Westervelt, Piotrek Panszczyk, Prabal Gurung, Kamala Harris ’, Gurung, Harris, “ I’ve, ” Gurung, , Paris Hilton, Megan Thee, Roy Rochlin, Victor Virgile, Nina Westervelt, Dan Lecca, Jonas Gustavsson, Lee, David Dee Delgado, Pink, Prabal Gurung Brandon Maxwell, Fernanda Calfat, Sergio Hudson’s, Grace Ling, Jennifer Lopez, Radhika Merchant, Alex Consani, Grace Ling Ling, Victor Pagan, JP Yim, Kamara, Virgil Abloh, Kamara —, Sierra Leone —, utopias, Jason Wu, Tong Yang, Arturo Holmes, Tommy Hilfiger’s, Giovanni Giannoni, Sandy Liang, , Filippo Fior Organizations: CNN, New York, U.S ., Polo Bar, Guggenheim, Adidas, American Civil Liberties Union, Tinder, Paris, Nylon Magazine, Labor, Getty, Seaport Locations: New York City, Long, Paris, Milan, York, Brooklyn, New York, Gotham, Nepali, City Hall, AFP, New, Ghana, Sierra Leone
Read previewAmerica's wild, multi-year shopping spree has come to an end — and retailers who got used to Americans dropping cash on just about everything are in a tough spot. US retail sales came in stronger than expected in July, with Americans spending more overall compared to the prior month, according to Census data. Around 40% of consumers said they planned to pare back spending on accessories, home decor, jewelry, and furniture, per McKinsey's survey. We're now back in an environment where good retailers, strong brands that offer compelling value … will benefit," Siegel said. In the meantime, that could mean more pain for retailers, Siegel said, speculating that many were caught by surprise by the shift in consumer sentiment.
Persons: , Ted Rossman, Rossman, pare, Simeon Siegel, Siegel, We're, SPDR Organizations: Service, Business, McKinsey & Company, Bankrate, Customers, BMO, Challenger, Walmart, Target, San Francisco Fed, Primerica Locations: FactSet
Vance grilled on high cost of Trump's new IVF plan
  + stars: | 2024-08-30 | by ( Kevin Breuninger | ) www.cnbc.com   time to read: +5 min
"Well, look, I think you have insurance companies that obviously are forced to cover a whole host of services," Vance replied. Trump had unveiled the IVF policy in broad strokes during a campaign event in Michigan a day earlier. IVF, Trump and abortionTrump's embrace of IVF as a policy platform is the former president's latest effort to court voters concerned about women's reproductive rights. Trump, in turn, urged the state to find a solution that would "preserve the availability of IVF in Alabama." In Friday's CNN interview, Vance was asked how Trump's new federally mandated IVF funding plan would work if a state chose to ban the procedure.
Persons: Sen, JD Vance, Jeff Swensen, Donald Trump, John Berman, Vance, Kamala Harris, Trump, Brian Snyder, Harris, Roe, Wade, Dobbs, Lindsey Graham of, Kay Ivey Organizations: HK, VFW, Getty, CNN, Democratic, Republican, Alro, Reuters, NBC News, U.S . Department of Health, Human Services, The Society, Reproductive Technology, Affordable, Trump, Jackson, Health Organization, The New York Times, GOP, Republican Party, Alabama Supreme, Alabama Locations: R, Ohio, New Kensington , Pennsylvania, Michigan, Potterville , Michigan, Lindsey Graham of South Carolina, Alabama, Florida
Investors who want to bet on a continued rebound in U.S. manufacturing should take a look at ETFs that hold stocks across different sectors to capture the theme, according to Bank of America. Traditional sector funds don't do a great job capturing this theme in one basket, so Bank of America prefers ETFs that have a wider scope. Woodard's top ETF pick in the space is the First Trust RBA American Industrial Renaissance ETF (AIRR) . While AIRR has the highest expense ratio of the group, it has the best 5Y risk adjusted returns," the Bank of America note said. Second on Bank of America's list is the Global X US Infrastructure ETF (PAVE) .
Persons: Jared Woodard, " Woodard, AIRR Organizations: Bank of America, Democrats, Trust, Industrial Renaissance, Mueller Industries, Bank of, Global, US Infrastructure ETF, Trane Technologies, United Rentals
Harris called for ending taxes on tips while rolling out a series of populist economic proposals last week, echoing a policy Trump already supported. The vice president pointed to Trump’s opposition to a bipartisan border security and immigration bill, which turned Republicans against the measure. Vice President Kamala Harris gestures as she steps from Air Force Two upon arriving at Joint Base Andrews, Maryland, on August 23, 2024. As the sitting vice president, Harris’s response to an economic calamity or foreign crisis would be closely scrutinized. The spokesperson also said there have been more than 1,000 sign-ups for Students for Harris chapters across the country since the launch of Harris’ campaign.
Persons: Kamala Harris, Donald Trump, Joe Biden, Harris, eyeing, Trump, Robert F, Kennedy Jr, who’s, ” Kennedy, Biden, showdowns, I’m, Hawaii Democratic Sen, Brian Schatz, , ” Harris, , she’s, ‘ We’re, ’ She’s, Ohio Sen, JD Vance, Kamala, mispronounced Harris ’, Harris ’, fumed, he’s, ” Trump, La Capra, Julia Nikhinson, let’s, familiarizing, , Kevin Lamarque, Tulsi Gabbard, Gabbard, Jen O’Malley Dillon, Austin Steele, Quentin Fulks, Tim Walz, Joshua Martin, Rebecca Wright, Pinar Yildirim, Deja Foxx, “ Young, Brian Kemp, Kemp, Vance, Trump’s, ” Vance, Sean Hannity, “ We’re, ” Kemp, “ Kamala Harris, Wisconsin . Ohio Sen, Marco Bello, Walz, ” CNN’s Ted Barrett, Kate Sullivan, Kristen Holmes, Ali Main, Aaron Pellish, Alejandra Jaramillo, Priscilla Alvarez Organizations: CNN, Democratic National Convention, Trump, Democratic, ABC, Hawaii Democratic, Republican, Biden, Social Security, Air Force, Joint Base Andrews, Reuters, Union, Hawaii Rep, United Center, MSNBC, United, Minnesota Gov, Convention, University of Pennsylvania, Facebook, Harris, Georgia Gov, Georgia Republican, Party, GOP, Fox News Locations: Arizona, Trump, Glendale, Hawaii, Chicago, Ohio, Georgia, Nevada, Las Vegas, Mexican, North Carolina , Nevada , Arizona, Wisconsin , Michigan, Pennsylvania, Joint Base Andrews , Maryland, California, Chicago , Illinois, Washington, Asheboro, United States, Wisconsin . Ohio, Kenosha, Kenosha , Wisconsin
The biggest chunk – about $1.9 million – was spent by Trump’s campaign and fundraising committees on a Trump-owned company that operates his jet. Karoline Leavitt, a spokesperson for Trump’s campaign, said that “committees are paying the fair market rate for all venues and services” provided by Trump businesses. The dynamic of candidates shelling out thousands on Trump’s businesses while vying for his endorsement – which can make or break Republican campaigns – is an example of how politics has boosted his businesses’ bottom line. About 150 congressional candidates have reported spending campaign funds at Trump businesses, including some Democrats in the years before his first presidential bid. Walker’s campaign spent a total of nearly $215,000 at Mar-a-Lago, Trump’s West Palm Beach golf club and his Las Vegas hotel.
Persons: Donald Trump, Bernie Moreno, who’d, wasn’t, glitzy, Trump, spender, who’ve, Moreno, Herschel Walker, Kari Lake, Trump’s, Karoline Leavitt, , “ He’s, , Daniel Weiner, Brennan, New Jersey Sen, Robert Menendez’s, Delaware Sen, Chris Coons, Joe Biden, Jeff Dean, AP Moreno, J.D, Vance, ” Moreno, Kimberly Guilfoyle, Donald Trump Jr, David B, Cohen, ” Cohen, Reagan McCarthy, , Walker’s, Walker, Scott Paradise, Sean Rayford, spenders, Lake, John Gibbs of, Vernon Jones of, Kathleen Clark, St . Louis, ” Leavitt, It’s, Weiner, ” Weiner, Lara Trump, hawking, Donald Trump's Mar, Joe Raedle, MAGA, Laurence Leamer, Lago, Leamer, ” Leamer, “ It’s, Steve Contorno, Kyung Lah, Alex Leeds Matthews, Alayna Treene Organizations: CNN, Ohio’s Senate, Trump’s, Florida, Republican, Republicans, GOP, Trump, Georgia Senate, Arizona, Mar, Republican Party, New, Trump National Golf Club, Ohio Senate, Senate, Twitter, University of Akron, Las, Former Republican, The Washington Post, Washington University, Super, TAG Air, Inc, Boeing, “ Trump Force, Brennan, Republican National Committee, RNC, Fund, National Republican Congressional, White Locations: Ohio’s, Lago, Georgia, Trump, New Jersey, Virginia, Delaware, Florida, Vandalia , Ohio, Ohio, Cleveland, Palm Beach, Las Vegas, Arizona, Majewski, John Gibbs of Michigan, Vernon Jones of Georgia, Mar, St ., Palm Beach , Florida, American
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