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☆ What to know about Day 2 of the Trump disqualification trial in Colorado
▼ + stars: | 2023-10-31 | by ( Marshall Cohen | ) edition.cnn.com time to read: +6 min

While the trial played out in Colorado, Trump filed a lawsuit to shut down a similar case in Michigan. The 14th Amendment says US officials who take an oath to uphold the Constitution are disqualified from office if they “engaged in insurrection” or aided the country’s enemies. Then, fighting would be understood as requiring violent action.”The relationship between Trump and far-right extremists is “unprecedented,” Simi said. 14th Amendment scholar to testify nextThe anti-Trump challengers said they’ll feature additional expert testimony from one of the preeminent scholars on the history of the 14th Amendment, Gerard Magliocca. “Despite President Trump’s tremendous popularity, there are people who want to deny Michigan voters the opportunity to express their choice by voting for him,” Trump’s lawyers wrote.

Persons: Donald Trump, Trump, ’, Peter Simi, ” Simi, Simi, Eric Olson, ’ Trump, Scott Gessler, Joe Biden, Biden, Kamala Harris, Hillary Clinton, Chuck Schumer, Nancy Pelosi, Sen, Bernie Sanders, Elizabeth Warren, Pete Buttigieg, Jamie Raskin, Gerard Magliocca, Marjorie Taylor Greene, isn’t, Troy Nehls, “, ” Trump, Jocelyn Benson, Benson doesn’t, Trump’s, ”, CNN’s Devan Cole, Avery Lotz Organizations: CNN, Trump, Chapman University, Colorado, Capitol, Simi, Transportation, GOP Rep, Trump isn’t, Texas Rep, Michigan, ” CNN, People Locations: Colorado, Michigan, Minnesota, Marjorie Taylor Greene of Georgia

☆ The warped financial logic fueling America’s ‘doom loop’
▼ + stars: | 2023-10-31 | by ( Adam Rogers | ) www.businessinsider.com time to read: +11 min

Well, when a landlord doesn't lower the rent to get a new retail tenant, it's because that landlord can't. They're free to renegotiate or refinance the terms of mortgages, given the extraordinary downturn facing retail storefronts. And the future will be full of even higher vacancy rates, higher interest rates, and lower rents. Retail rents have flattened, she says, but the construction of retail space has not. Still, from an urban-planning standpoint, the way we finance retail space makes no sense.

Persons: You've, apocalypses, that's, It's, David Greensfelder, Greensfelder, Banks, what's, —, Larisa Ortiz, Ortiz, Justin Sullivan, Lorenzo Perez, I've, Rachel Meltzer, Kazuko Morgan, Perez, Culdesac, Something's, Meltzer, Adam Rogers Organizations: McKinsey & Company, Verizon, Republics, Harvard Locations: America, Urban, Manhattan, San Francisco, Market, vaya, What's, Phoenix, That's, LA, New York, Wakefield, Tempe , Arizona

☆ Joe Biden: Democrats dismiss worries about president’s reelection bid as Dean Phillips launches primary challenge
▼ + stars: | 2023-10-28 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +12 min

CNN —President Joe Biden is just as low in the White House’s internal polls as in any of the public ones. But while Biden advisers are dismissive of Rep. Dean Phillips’ primary challenge launched this week, they are also annoyed about it. Still, they remain confident that Biden is Democrats’ best option in 2024. Boyle told CNN this week that between the war in Israel and Gaza and the chaos of House Republicans electing their new speaker, he had not had “one conversation with anyone” about Phillips. Asked if he was worried about Phillips being a factor even back home in their state’s primary, Walz laughed.

Persons: Joe Biden, Mike Donilon —, —, Donilon, Biden, Dean Phillips, Donald Trump, Kamala Harris, Tim Walz, Phillips, Walz, “, ‘, ’, Ron, Brendan Boyle, ”, ” Boyle, daydreaming, Harris, Emanuel Cleaver, ” “ Joe Biden, ” Ben Wikler, ’ Phillips, Gretchen Whitmer, Louis, “ We’ve, ” Biden, Trump –, Trump, ” Harris, St . Louis, Boyle, Democratic Sen, Dianne Feinstein’s, Gavin Newsom, California politicos, Nancy Pelosi, Jamie Raskin, Raskin, Biden’s Organizations: CNN, ’, GOP, Democratic, Center, American, Florida Gov, president’s, MAGA Republicans, Democrat, Granite, Democrats ’, Biden, Democratic National Committee, Trump, “, New Hampshire Democrats, Republicans, Los Angeles Times, California Gov, Senate, Maryland, House Democratic Locations: Washington, Florida, Pennsylvania, Philadelphia, St, Louis, Wisconsin, Concord , New Hampshire, Michigan, Israel, St ., Gaza, Minnesota, California

☆ Hamilton and Leclerc disqualified from U.S. Grand Prix
▼ + stars: | 2023-10-23 | by ( ) www.reuters.com time to read: +2 min

[1/2] Oct 22, 2023; Austin, Texas, USA; Mercedes AMG Petronas Motorsport driver Lewis Hamilton (44) of Team Great Britain drives during the 2023 United States Grand Prix at Circuit of the Americas. Mandatory Credit: Jerome Miron-USA TODAY Sports Acquire Licensing RightsAUSTIN, Texas, Oct 22 (Reuters) - Mercedes accepted their punishment after Formula One stewards disqualified Lewis Hamilton from second place in Sunday's U.S. Grand Prix along with sixth-placed Ferrari driver Charles Leclerc. Mercedes had brought an upgraded car to Texas and Hamilton, whose team mate George Russell moved up to fifth, had looked more competitive. "We can take a lot of positives from the car performance today," said Wolff. Reporting by Alan Baldwin in London, editing by Christian Schmollinger and Michael PerryOur Standards: The Thomson Reuters Trust Principles.

Persons: Lewis Hamilton, Jerome Miron, Mercedes, Charles Leclerc, COTA, Toto Wolff, Red Bull's Max Verstappen, George Russell, Wolff, Carlos Sainz, Alan Baldwin, Christian Schmollinger, Michael Perry Organizations: Mercedes, Petronas Motorsport, Great, Prix, Circuit, Ferrari, FIA, Austin's Circuit, Thomson Locations: Austin , Texas, USA, Americas, , Texas, Sunday's U.S, Texas, Hamilton, London

☆ After a summer of Barbenheimer and Beyoncé, can US consumers still afford the holiday season?
▼ + stars: | 2023-10-21 | by ( Alicia Wallace | ) edition.cnn.com time to read: +7 min

Minneapolis CNN —Ballpark attendance boomed this summer, Barbenheimer revived the box office and a Renaissance of live performances brought concerts into new Eras. However, it also could mean that holiday spending just might look a little different and skewed more toward experiences than it has done in past years. Respondents to KPMG’s 2023 holiday survey said they plan to spend 5% more this season, said Matt Kramer, KPMG’s consumer and retail national sector leader. “What stands out the most is this ‘leaning in’ to holiday travel and wanting to have those experiences with friends and family,” he said. A more comprehensive look at consumer spending will come at the tail end of the month when the Personal Consumption Expenditures data is released.

Persons: Barbenheimer, Everybody, ”, Keith Gentili, ” Taylor Swift, Allen J, “, Ted Rossman, that’s, ’ ”, aren’t, Matt Kramer, Tamara Charm, Elijah Nouvelage, Patrick T, Fallon, Gus Faucher, Nathan Howard, Nancy Vanden Houten, ’, ” Rossman, Matt Schulz Organizations: Minneapolis CNN —, New Hampshire, Los Angeles Times, Getty, Bankrate, McKinsey, Travelers, Hartsfield, Jackson Atlanta International Airport, Bloomberg, Commerce, Apple, PNC Financial Services, Shoppers, canaries, LendingTree Locations: Minneapolis, New, Inglewood , California, splurge, ’, Los Angeles, AFP, Georgetown, Washington, what’s, Oxford

☆ 28 Best Gifts for Dog Lovers
▼ + stars: | 2023-10-17 | by ( Jennifer Tzeses | ) www.wsj.com time to read: +15 min

Browse the ideas below, and take a look at our roundups of expert-approved products to keep your pet calm and the best gifts for cat lovers too. For the bakerThe Dash Dog Treat Maker—a small waffle iron with bone-shaped plates—lets your pal whip up homemade dog treats. Many similar custom pet portraits are available on Etsy, including a Mini Custom Watercolor Pet Portrait from Riverry Studio and a Custom Watercolor Pet Portrait from Pet Portrait Galaxy. “I will treasure them forever.” Haussmann also loves custom pet portraits and gifted one to his brother-in-law. For any dog ownerBaapet Dog Leash with Padded Handle $9+ at AmazonWe included the Baapet Dog Leash with Padded Handle as the best for everyday use in our list of the best leashes for every type of dog.

Persons: Jennifer Tzeses, —, Juliana DeWillems, ” DeWillems, Fido, DeWillems, ”, Robert Haussmann, he’s, Hernandez, AJ Hernandez, ’, Roxy, Maggie Marton, she’s, Marton, “, ” Haussmann, they’re, Cynthia Dockx, Haussmann, “ It’s, can’t, it’s, Buddy, Licking, Sophie Gamand, Hunter Finn, Dr, Finn, Mikkel Becker, Julie Burgess, Lucy, Pilar Scratch, Shih Tzu, Oddie, Ingrid Johnson, Johnson, Bob, It’s, Bellamy Richardson Organizations: Behavior Consulting, Washington , D.C, Dogboy, Riverry, BPA, Rover, Homes, Colo, Etsy, Apple Locations: Washington ,, Boston, Indiana, Morris Plains, N.J, Haussmann, McKinney , Texas, Seattle, Chihuahua, It’s, . New York, Petsafe

☆ How to Prepare Every Part of Your Life for a Recession
▼ + stars: | 2023-10-16 | by ( Tanza Loudenback | ) www.wsj.com time to read: +13 min

But a recession brings other threats too, like the potential for major stock market swings that can derail financial goals. As soon as the line begins to tick upward again, the economy exits a recession and enters an expansion. Are we in a recession or is a recession coming? How to preparePreparing your finances for a recession isn’t all that different from practicing good money habits in your daily life. You’ll likely have to make some real-time adjustments to meet short-term goals while enduring a recession, McCoy says.

Persons: Loudenback, it’s, ”, Ross Hamilton, Raymond James, you’ve, Hamilton, aren’t, “ You’ve, Eric Roberge, ” Roberge, Megan McCoy, “, ’ ”, McCoy, You’ll, ” Hamilton, you’re, “ There’s, there’s, ” McCoy, Roberge, ‘ I’ve Organizations: Wall Street, National Bureau of Economic Research, Kansas State University Locations: U.S, Bethesda, Md, Boston, Hamilton

☆ How big is your raise likely to be next year? We found out.
▼ + stars: | 2023-10-16 | by ( Aki Ito | ) www.businessinsider.com time to read: +5 min

Now it's: How much of a raise can I expect in 2024 if I stay in my current job? Sure — but it may wind up being the biggest boost in purchasing power that workers have gotten in years. If you think you deserve a raise that's higher than the 4% average, pay experts have a few tips. These days, as the hiring frenzy subsides, you're not as likely to get a bigger raise simply by switching companies. Which means that 2024 may be your last, best hope for landing an above-average raise — perhaps for years to come.

Persons: —, That's, it's, David Turetsky, What's, they're, Ruth Thomas, don't, Aaron Terrazas, Aki Ito Organizations: Congressional, Salary.com, Employees Locations: California, Washington, Payscale

☆ The numbers are in: Here’s how big your raise is likely to be next year
▼ + stars: | 2023-10-16 | by ( Aki Ito | ) www.businessinsider.com time to read: +5 min

☆ Next EU chief will need cash more than trade wars
▼ + stars: | 2023-10-10 | by ( Rebecca Christie | ) www.reuters.com time to read: +8 min

What she sidestepped was how to find more cash and convince member states to pay up. Von der Leyen, or her successor, will have to figure out how to pay for enlargement. Von der Leyen tapped into trade frustrations with her pledge to investigate and possibly punish Chinese subsidies for car and battery makers. During her first term, von der Leyen succeeded in connecting the EU with bond investors via the 800 billion euro NextGenerationEU borrowing programme. A second term will require even more finesse to convince EU member states to raise money not just from markets, but from themselves.

Persons: Ursula von der, European Union won’t, der, von der Leyen’s, Greens –, der Leyen, Emmanuel Macron, Thierry Breton, Norway’s Jens Stoltenberg, Von der, Carlo Bastasin, Von der Leyen, von der Leyen, sceptics, Ursula von der Leyen, Charles Michel’s, Jens Stoltenberg’s, Francesco Guerrera, Streisand Neto, Thomas Shum Organizations: Reuters, European Union, Bank, EU, European Commission, Socialists, Greens, NATO, Reuters Graphics Reuters, Brookings, handouts, Organisation for Economic Co, Transport, Environment, Thomson Locations: BRUSSELS, Ukraine, Moldova, Western, Brussels, Germany, Bosnia, Herzegovina, Montenegro, Serbia, Albania, North Macedonia, Kosovo, Turkey, Georgia, Spain, Poland, United States, China, Ireland, Netherlands, EU, EU’s, Hungary

☆ Trump, fraud, and minding the GAAP: A guide to the accounting rules at the heart of his NY trial, courtesy of 2 standup comics who happen to be CPAs
▼ + stars: | 2023-10-09 | by ( Laura Italiano | ) www.businessinsider.com time to read: +8 min

Trump's $250M fraud trial hinges on whether he followed generally accepted accounting principles. AdvertisementAdvertisementTrying to follow the Trump Organization civil fraud trial but don't understand all the quacking about "GAAP, GAAP, GAAP" — those wonky, "generally accepted accounting principles" at the heart of the trial? Donald Trump leaves his civil fraud trial in New York on its third day of testimony. "I know Trump would like to see them 'wiggle, wiggle, wiggle' for sure," she added. AdvertisementAdvertisementTrump's civil fraud trial begins its second week on Tuesday.

Persons: —, Donald Trump, Donald Trump , Jr, Trump, Letitia James, Donald Trump's, Tammara Buckey, Buckey, Buckley, Missy Hydrick, Steve Gianturco, He's, Stevie GB, Brendan McDermid, Gianturco, Seth Wenig, FASB, Fabio, James, Jason Derulo Organizations: Service, Trump Organization, New York, Trump, NY, CPA, Federal, Accounting Locations: Huntsville , Alabama, Long Island , New York, New York, York, Manhattan's

☆ Government bonds are in a rout worldwide. Here's why you should care
▼ + stars: | 2023-10-04 | by ( Anna Cooban | ) edition.cnn.com time to read: +7 min

When official interest rates rise, so do investors’ expectations for returns on bonds, known as yields. In the United Kingdom, the yield on 30-year bonds also reached 5% this week, the highest level in more than two decades. Yields on Italy’s 10-year bonds hit 5% on Wednesday, the highest level since 2012, when that crisis was in full swing. Mortgage rates riseThe yields on local government bonds are usually used by banks to price mortgages. High official interest rates in America and Europe have also raised the cost of borrowing for businesses.

Persons: Saul Loeb, Liz Truss, —, Matt Cardy, Freddie Mac, Andrew Sheets, Morgan Stanley, Stocks, ” Russ Mould, AJ Bell, we’ve, ”, “, That’s, ” Susannah Streeter, Hargreaves Lansdown Organizations: London CNN, US Treasury Department, Getty, UK, CNN, Nasdaq, Federal Reserve, BlackRock, Hargreaves Locations: Washington ,, United Kingdom, Bath, England, United States, Europe, America

Some childcare operators told Insider the end of pandemic-era funding could make the problem worse. To keep the doors open at her Southampton Township, New Jersey, childcare center, she needs to find new clients or new funding. Jackson is just one of many providers across the US entering a period of uncertainty after a pandemic-era infusion of federal childcare funding ran out at the end of last month. That funding expired on Saturday, along with $13.5 billion in childcare funding from other pandemic-era legislation. She added: "What we're likely to see is childcare providers doing everything they can to continue to operate.

Persons: —, Jackson, Patti Smith, Joe Biden's, they'd, Allyx Schiavone, Lauren Bauer, Molly Kinder, Julie Kashen, Kashen, Schiavone, Cristi Carman, they're, Carman, Shannon Hampson, Hampson, we're, Rep, Katherine Clark, Julia Pollak, ZipRecruiter, there's, Grant Organizations: Service, Greenway, National Association for, Education of Young Children, Rescue, Friends Center for Children, American Progress, Brookings Institution, The Century Foundation, Care, American Locations: Southampton Township , New Jersey, Maryland, Lincoln , Nebraska

Gavin Newsom will name Laphonza Butler, a Democratic strategist and adviser to Kamala Harris’ presidential campaign, to fill the vacant U.S. Senate seat held by the late Sen. Dianne Feinstein, a spokesman in his office said Sunday. In choosing Butler, Newsom fulfilled his pledge to appoint a Black woman if Feinstein’s seat should become open. Butler will be the only Black woman serving in the U.S. Senate, and the first openly LGBTQ person to represent California in the chamber. Butler leads Emily’s List, a political organization that supports Democratic women candidates who favor abortion rights. Emily's List, the group Butler leads, focuses on electing Democratic women who support abortion rights.

Persons: Gavin Newsom, Laphonza Butler, Kamala Harris ’, Sen, Dianne Feinstein, Butler, Newsom, Barbara Lee, Emily’s, Feinstein, Lee, Katie Porter, Adam Schiff, Anthony York, It’s, Kamala Harris, Alex Padilla Organizations: ANGELES, —, Democratic, U.S, Senate, U.S . Senate, SEIU, Associated Press, Democratic U.S, Reps, Airbnb Locations: — California, U.S, California, Maryland, U.S .

HONOLULU (AP) — A woman who escaped Hawaii’s Lahaina wildfire by running through a flaming field has died after spending more than seven weeks in a hospital burn unit. Laurie Allen died Friday at Straub Medical Center in Honolulu, according to a gofundme page set up for her and her husband, Perry Allen. Her heart was tired, and she was ready,” her sister-in-law, Penny Allen Hood, wrote on the website. Allen was among at least 98 people killed by the fire Aug. 8 that devastated historic Lahaina on the west coast of Maui. Allen got out of the car and fled 100 yards (91 meters) across a field of burning grass.

Persons: —, Laurie Allen, Perry Allen, “ Laurie, Penny Allen Hood, Allen, Hood, Laurie —, ” Hood Organizations: Straub Medical, PT Clinic, Authorities, Nonprofit Locations: HONOLULU, Honolulu, Lahaina, Maui, U.S

☆ Jim Cramer's week ahead: Focus on September jobs report
▼ + stars: | 2023-09-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer said next Friday's nonfarm payrolls — the employment data over the past month — may decide if October will see a market rally. On Tuesday, spice and flavor manufacturer McCormick will report earnings, and beverage company Molson Coors will have an analyst meeting. Cramer said the tech company is coming off the report of a great quarter and forecast, and he thinks the stock could have more room to run. Cramer again emphasized Friday's labor report, saying in order to have a "strong October," the nonfarm payrolls need to show some slack in the workforce. Cramer noted the jobs report will not come out if the government shuts down.

Persons: CNBC's Jim Cramer, Cramer, Kellogg, WK Kellogg, McCormick, Okta, we'd, Jay Powell Organizations: Labor, Molson Coors, Dell, Federal Reserve, Fed

☆ X CEO slams claims she's CEO in name only as 'not nice;' 'Who wouldn't want Elon Musk sitting by their side running product?'
▼ + stars: | 2023-09-28 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

X CEO Linda Yaccarino slammed questions on whether she's running the company as "not nice." The X CEO took the stage shortly after an ex-Twitter staffer spoke on his negative experience at the company. AdvertisementAdvertisementX CEO Linda Yaccarino slammed claims she's watching Elon Musk run the social media company from the sidelines in an openly tense dialogue about working with the famously controlling billionaire. I don't care what the structure is at Meta, but who wouldn't want Elon Musk sitting by their side running product?" Before joining X, Yaccarino served as chairman of advertising sales and client partnerships at NBCUniversal.

Persons: Linda Yaccarino, Elon Musk, —, she's, Yaccarino, CNBC's Julia Boorstin, Boorstin, Mark Zuckerberg, Walter Isaacson, Tesla, Martin Eberhard, Tim Higgins, he's, Elon, Kara Swisher's, Yoel Roth, Swisher . Roth, Musk, Insider's Kali Hays, Lara O'Reilly Organizations: Twitter, Service, Vox's, Meta Locations: Meta, NBCUniversal

☆ Opinion | Vivek Ramaswamy Is Confused
▼ + stars: | 2023-09-25 | by ( Carlos Lozada | ) www.nytimes.com time to read: +3 min

The theatrically combative presidential candidacy of Vivek Ramaswamy seems to be premised on two messages. The other is his devotion to Donald Trump, whom Ramaswamy relentlessly defended in the debate, promising to support the former president, if Trump wins the Republican nomination, or to pardon him, if Ramaswamy wins the White House. In these works, Ramaswamy is more thoughtful, but also more confused, than his smiling, trolly, rapid-fire campaign persona. He can’t seem to decide if woke capitalism is a public-relations ploy or a mortal threat to the republic. Stakeholder capitalism is a “farce,” he writes, an example of “corporate opportunism” and “self-interest masquerading as morality,” a “do-good smoke screen” through which businesses distract the public from their perfidy.

Persons: Vivek Ramaswamy, Donald Trump, Ramaswamy, “, ”, lionizes Trump, Joe Biden’s, ” Ramaswamy Organizations: Republican, Trump, Inc, Republican Party Locations: “

Before inflation and high interest rates, mortgage rates were around 3% and now they can be as high as nearly 7%. The higher interest rates have made many potential homeowners press pause, but are interest rates the only thing you should be watching when considering a home purchase? You have significant debt alreadyIn reality, everyone seems to be carrying some form of debt. To move, means you have to sell your home — and it is really hard to change your mortgage payment. If you have significant debt, maybe wait to purchase a home until that debt is paid off.

Organizations: Federal Reserve

☆ Rishi Sunak’s plans to delay climate targets attacked, as UK government pushes anti-green drive
▼ + stars: | 2023-09-20 | by ( Rob Picheta | ) edition.cnn.com time to read: +7 min

In an attack on his own Conservative predecessors as prime minister, Sunak said: “You don’t reach net zero simply by wishing it. The Climate Change Committee, the government’s independent adviser on climate change, published a report in June that criticized the UK’s net zero plans and said there was not enough urgency to reach the country’s goals. Britain is legally required to have reached net zero – meaning the country would remove from the atmosphere at least as much planet-warming pollution as it emits – by 2050. Johnson’s comments led a chorus of concerns from within Sunak’s Conservative party at the plans, which were apparently hurriedly brought forward after Tuesday’s leaks to the media. British businesses also criticized Sunak’s plans on Wednesday.

Persons: Rishi Sunak, Sunak, ” Boris Johnson, ” Johnson, ”, Dan Kitwood, pushback Sunak, “ We’ve, ” Sunak, “, … I’ve, Alok Sharma, ” Sharma, Chris Skidmore, Rob Picheta, Mike Childs, Sunak’s, Lisa Brankin, Ed Matthew, ” “ Organizations: London CNN, United, Conservative, Labour, “, Sunak’s Conservative, BBC, PA Media, London's Labour, CNN, Ambition, UN, Ford, European Union Locations: Britain, United Kingdom, Glasgow, Sunak’s, London, Uxbridge, South Ruislip, New York, United States, China

☆ Pay secrecy norms have ‘simply lost their teeth,’ say experts. Here's why
▼ + stars: | 2023-09-18 | by ( Greg Iacurci | ) www.cnbc.com time to read: +3 min

Westend61 | Westend61 | Getty ImagesNew York just adopted a pay transparency ruleNew York on Sunday became the latest state to adopt a pay transparency law. The pay transparency movement is relatively new. Fifty-six percent are more likely to apply for a company — even if they don't recognize the company name — if the salary range is listed, Indeed found. For one, pay transparency may lower overall wages of the broader population of employees, even while raising them for the "inequitably underpaid," Obloj and Zenger said. 'There's still plenty to negotiate' beyond salaryOf course, applicants aren't necessarily beholden to the salary or the pay range posted on a job ad, Woodruff-Santos said.

Persons: NCSL, Salary.com, Zenger, Mandi Woodruff, Santos, Woodruff, you've, they've, there's Organizations: Westend61, Getty, Sunday, Employers, National Conference of State Legislatures, National Women's Law Locations: York, California , Colorado, Washington, New York City, Colorado, Ithaca, Albany, Westchester, New York, Jersey, New Jersey, Cincinnati, Toledo, Ohio ; Maryland ; Connecticut, Rhode, Nevada

☆ Here are 11 top moments from Trump's 'Meet the Press' interview
▼ + stars: | 2023-09-17 | by ( Allan Smith | Jonathan Allen | ) www.cnbc.com time to read: +13 min

Former President Donald Trump speaks during an interview with NBC News' Kristen Welker, Sept. 14, 2023. NBC News has also extended an invitation to President Joe Biden to sit down with Welker for an interview. "I said, 'Other than certain parts of the country, you can't — you're not going to win on this issue. "And both sides are going to come together and both sides — both sides, and this is a big statement — both sides will come together. But when Welker asked if he might grant himself a reprieve if he wins this election, Trump declined to rule it out.

Persons: Donald Trump, Kristen Welker, Donald Trump sparred, Joe Biden, Mila Kunis, Ashton Kutcher, Danny Masterson, Welker, Trump, Roe, Wade, he's, —, it's, pardoning, I'm, Jan, Biden Trump, Biden, Kevin McCarthy, McCarthy, Ukraine Trump, Putin, Vladimir Putin, I'd, Ron DeSantis, DeSantis, Franklin Roosevelt Organizations: NBC News, Press, NBC, GOP, Trump, U.S ., Republican, White House, Capitol, Florida Gov Locations: Bedminster , New Jersey, Ukraine, Alabama, Pennsylvania, U.S, Russia, Florida, Taiwan

"I was literally living under the poverty line for like four years, but it was a good experience," he says. Hassam Sheikh, 33, earns about $250,000 per year as an AI research scientist. In May 2020, Sheikh began an internship at Intel Labs that would, about seven months later, turn into a full-time gig as a research scientist. In addition to his $187,000 annual base salary, Sheikh receives bonuses and stock compensation which, in 2023, have him on track to earn about $250,000. When he's not working on machine learning, he's likely working around the house.

Persons: Hassam Sheikh's, didn't, Sheikh, —, Hassam Sheikh, Clint Boland, I've, hasn't, Deborah Donatella, Diana Wintour —, Sheikh stashes, he's, it's, there's Organizations: CNBC, University of Central, Intel Labs, University of Lahore, University of Manchester, Intel, UCF, Amazon Music, Walmart, Home, Michelin Locations: Orlando , Florida, University of Central Florida, That's, Lahore, Pakistan, Orlando, United States

☆ August Inflation Report Overall Prices Set to Pop, But Details Should Look Better
▼ + stars: | 2023-09-13 | by ( Jeanna Smialek | ) www.nytimes.com time to read: +4 min

PinnedMany economists think that a cooling job market, with slower pay gains, could pave the way for slower price increases. A recent jump in gas prices probably helped to speed up overall inflation in August, but economists expected a key underlying price measure to grow at a muted pace. Fed officials will closely parse this report, because it is the final major piece of economic data before their Sept. 19-20 monetary policy meeting. Fed officials must decide in coming months whether they need to raise rates again in 2023, and what would merit such a move. The central bank will receive one more Consumer Price Index inflation report before its November gathering, on Oct. 12.

Persons: John C, Williams, Jerome H, Powell, Mr Organizations: Federal Reserve, Federal Reserve Bank of New, Fed Locations: Federal Reserve Bank of New York

☆ Here's why Jim Cramer says wait to buy this AI software winner
▼ + stars: | 2023-09-12 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +1 min

Shares of Adobe entered Tuesday's session up 11.5% since the Aug. 18 close, and now two Wall Street firms — BMO Capital Markets and Wells Fargo — hiked their price targets on Adobe stock, implying further upside ahead. Investors who are itching to buy Adobe (ADBE) should wait until the software maker reports quarterly results later this week, CNBC's Jim Cramer said Tuesday. "I think if you don't own Adobe by now, you might just want to wait." If you like this story, sign up for Jim Cramer's Top 10 Morning Thoughts on the Market email newsletter for free. "I think it's a really good company," added Cramer, who called Adobe the No.

Persons: Wells Fargo —, CNBC's Jim Cramer, Cramer, Jim Cramer's, — Organizations: Adobe, BMO Capital Markets, Wells, Oracle, Trust, CNBC, Club

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