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☆ A Swiss city cut red tape and ended up with many more homes. It's a model for the US.
▼ + stars: | 2024-09-07 | by ( Eliza Relman | ) www.businessinsider.com time to read: +7 min

Read previewAs part of her housing policy agenda, Democratic presidential nominee Kamala Harris has promised to "cut red tape and needless bureaucracy" to build millions of additional homes and bring down costs. Zurich, Switzerland offers the latest model. AdvertisementApartment buildings behind farm houses in Affoltern, just outside Zurich, Switzerland. One of the study's key findings is, "if you upzone, upzone a lot," said Simon Büchler, coauthor of the study and an assistant professor of finance at Miami University. A whopping 64% of Swiss residents live in apartments, compared to just 28% of US residents, and the country also has an especially comprehensive and well-connected public transportation network.

Persons: —, Kamala Harris, Michael Buholzer, Simon Büchler, upzoning, Büchler, Christian Hartmann, Matthew Maltman, who's, There's, Maltman Organizations: Service, Democratic, Business, Miami University, Reuters Locations: Zurich, Switzerland, Swiss, Canton of Zurich, Affoltern, New Zealand, Küsnacht, Lake Zurich, Canada, Europe, Australian

☆ Google's second antitrust trial could help shape the future of online ads
▼ + stars: | 2024-09-06 | by ( Jennifer Elias | Jennifer Covers Google Parent Company Alphabet Inc. | Silicon Valley Culture For Cnbc.Com In San Francisco. | ) www.nbcnews.com time to read: +8 min

For Google, the focus turns to its ad tools, which are part of the company’s $200 billion digital ad business. In the first antitrust case, the court found that Google violated Section 2 of the Sherman Act, which outlaws monopolies. The company’s M&A strategy “set the stage for Google’s later exclusionary conduct across the ad tech industry,” the Justice Department alleges. Google has long fought back against claims that it dominates online ads, pointing to the market share of competitors including Meta. It will argue that buyers and sellers have many options especially as the online ad market has evolved.

Persons: Biden, Donald Trump, Meta, Sherman, Goldman, Bernstein, Amit Mehta, ” Mehta, Google’s, Neal Mohan, Mohan, it’s, AdMeld, Jerry Dischler, It’s, Sissie Hsiao, Scott Sheffer, Prabhakar Raghavan, Simon Whitcombe Organizations: Department of Justice, Google, Microsoft, Big Tech, DOJ, Apple, Federal Trade Commission, Facebook, Amazon, Citibank, NYSE, New York Stock Exchange, YouTube, Google Network, U.S, District of Columbia, Department, DoubleClick, Meta, Stanford, Harvard, New York Times Locations: Alexandria , Virginia, California , Colorado , Connecticut , New Jersey , New York, Rhode Island and Tennessee, Google’s

☆ General says the Marine Corps 'stole' the narco-sub idea from drug runners to move missiles and more
▼ + stars: | 2024-09-05 | by ( Chris Panella | ) www.businessinsider.com time to read: +1 min

The Marine Corps has a new unmanned, semisubmersible vessel to transport supplies and weapons. The general said the design is "just a narco-boat," an idea stolen from drug smugglers. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe Marine Corps got its inspiration for a new unmanned, semisubmersible vessel from narco-submarines used to transport drugs, a general said. The vessel is intended to transport equipment, weapons, and supplies to forward-deployed Marines, helping to make US forces more maneuverable and flexible.

Persons: —, Simon Doran Organizations: Marine Corps, Service, Corps, Business Locations: narco

☆ How Wildfire Smoke Threatens Human Health
▼ + stars: | 2024-08-28 | by ( Jane C. Hu | ) www.nytimes.com time to read: +5 min

This could explain some of the health effects researchers have linked to wildfire smoke, including heart conditions, infertility and dementia. There are huge variations in how healthy people are before smoke exposure, how much smoke they are exposed to and what’s in that smoke. One metric of wildfire smoke pollution is the air-quality index, which measures five pollutants on a scale of 0 to 500. Researchers are just beginning to study how different levels of air pollution might affect health by tracking the outcomes of wildfire survivors over time. There aren’t clear answers on when, exactly, you should avoid smoke exposure outdoors, but public health officials often issue health warnings when the A.Q.I.

Persons: Luke Montrose, Montrose, Carlos Gould, ” Dr, don’t, “ There’s, ”, Stephanie Cleland, Gould, Cleland Organizations: Colorado State University, University of California, University of Montana, Research, Simon Fraser University Locations: San Diego, United States

☆ Mexico’s President Bet Big on Oil. His Successor Will Be Stuck With the Tab.
▼ + stars: | 2024-08-24 | by ( Simon Romero | ) www.nytimes.com time to read: +1 min

On a sweltering day in August, Claudia Sheinbaum appeared with her mentor, President Andrés Manuel López Obrador, to inaugurate one of the costliest infrastructure projects in Mexico’s history: a $16 billion oil refinery. The sprawling complex in Mr. López Obrador’s home state, Tabasco, forms the capstone of an energy strategy that he will bequeath to Ms. Sheinbaum, a climate scientist, when she takes the presidency in October. Mexico’s oil production tumbled to a 45-year low this year, one of the steepest output declines anywhere in the world this century. Blackouts plagued the country after Mr. López Obrador heaped scorn on wind farms that could help satisfy electricity demand. Natural gas imports for the strained grid are soaring, making energy independence an ever more distant dream.

Persons: Claudia Sheinbaum, Andrés Manuel López Obrador, López, Sheinbaum, López Obrador Locations: Tabasco, Mexico

☆ What to know about the twisted ending of Zoë Kravitz's new thriller 'Blink Twice,' starring Channing Tatum
▼ + stars: | 2024-08-23 | by ( Olivia Singh | ) www.businessinsider.com time to read: +10 min

Read previewWarning: Major spoilers ahead for "Blink Twice." "Blink Twice," a new psychological thriller cowritten and directed by Zoë Kravitz, is stuffed with twists and turns. Naomi Ackie as Frida and Adria Arjona as Sarah in "Blink Twice." Just as Stan is about to shoot Frida, Sarah hits him in the head with a massive rock and kills him. "Blink Twice" is in theaters now.

Persons: —, Zoë Kravitz, Kravitz's, Naomi Ackie, Frida, Slater King, Channing Tatum, Jess, Alia Shawkat, Slater, Sarah, Adria Arjona, MGM Studios Slater, she's, Stacey, Geena Davis, Arjona, Carlos Somonte, Kyle MacLachlan, Camilla, Liz Caribe, Heather, Trew Mullen, Tom, Haley Joel Osment, Heather clobbers Vic, Christian Slater, Cris Costa, Stan, Cody, Simon Rex, MGM Studios Frida, he's, Vic, Lucas, Levon Hawke, there's, It's, Shawkat, Ackie, Rich, who's, they're, Frida King, Tatum, Kravitz, Lenny Kravitz, Lisa Bonet Organizations: Service, King, Tech, Business, MGM Studios, Amazon MGM, King - Tech Locations: Beijing, Hollywood

☆ Classic car sales stall in Monterey auctions as new generation takes charge
▼ + stars: | 2024-08-23 | by ( Robert Frank | ) www.cnbc.com time to read: +3 min

Auction sales during Monterey Car Week fell 3% from last year, as a shift from older to newer cars left a pileup of unsold classics from the 1950s and 1960s. Of the 1,143 cars up for sale, only 821 sold — marking a 72% sell-through rate, according to Hagerty. There were simply too many similar cars at too many auctions to generate strong prices and sales. "It's saturation," said Simon Kidston, the founder of Kidston and a leading advisor to wealthy car collectors. At the same time, a new generation of collectors driving the market — mainly Gen Xers and millennials — prefer cars from the 1980s, 1990s and 2000s.

Persons: Robert Frank, Bonhams —, Simon Kidston, Xers, millennials Organizations: Monterey Car, Arrow, Gooding & Company, Ferraris, Credit, Gooding, Company, Ferrari, Sotheby’s Locations: Monterey —, Monterey

☆ After Kennedy’s Endorsement of Trump, They Signal a New Alliance
▼ + stars: | 2024-08-23 | by ( Kellen Browning | Simon J. Levien | ) www.nytimes.com time to read: +1 min

One of the most attention-grabbing days of Robert F. Kennedy Jr.’s independent presidential bid was also its last. After toiling for months as an electoral afterthought, Mr. Kennedy suspended his long-shot campaign on Friday and endorsed former President Donald J. Trump in a speech in Phoenix carried live by television networks. Then, he traveled across town to speak in front of the largest rally audience since he began his third-party run last year: an audience of 17,000 at a Trump event at an arena in Glendale, Ariz.As he shook hands with Mr. Trump amid bursts of fireworks, Mr. Kennedy was, briefly, the star of the show, a new attraction for the Trump campaign. But it was unclear what impact, if any, Mr. Kennedy’s endorsement of Mr. Trump would have on the 2024 race. Many voters had said they were frustrated with the lack of choice between two unpopular and familiar candidates: Mr. Trump and President Biden.

Persons: Robert F, Kennedy Jr, toiling, Kennedy, Donald J, Trump, Biden Locations: Phoenix, Glendale, Ariz

☆ I've been to North Korea more than 180 times. Here's how tourists can stay out of trouble.
▼ + stars: | 2024-08-23 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +7 min

The first time I went to North Korea, I thought I knew what to expect. AdvertisementIn the two decades since then, I've visited North Korea more than 180 times on various tours and trips — perhaps the most of any Westerner. Pictured with a North Korean tour guide in front of a statue of North Korean leader Kim Il Sung in Pyongyang. Steer clear of comparisons to South KoreaA lot of tourists who come to North Korea have experience in South Korea as well (it's not true that visiting South Korea makes it difficult to enter North Korea). Simon's travel documents on his 180th trip to North Korea - boarding pass for Pyongyang, DPRK visa, and a well-used passport.

Persons: —, Simon Cockerell, I've, Kim Il Sung, you've, — it's, Kim Jong, I'm, they're, Simon, Joss Stone, Steer, haven't, it's Organizations: Service, Business, Pyongyang Airport, South Locations: Koryo, North Korea, Beijing, China, Russia, —, Korean, Pyongyang, Korea, South Korea, DPRK

Ms. Harris dropped in on each one, in descending order of price and intimacy, as donors enjoyed peach mimosas and shrimp cocktails before her remarks in the grand ballroom. The Harris campaign is immediately being more intentional at courting this community, dispatching aides to meet with affinity groups representing venture capitalists and the cryptocurrency industry. And she has hired additional fund-raising aides with ties to the Bay Area who helped organize Sunday’s event. Ms. Harris also has connections that Mr. Biden simply does not. Josh Becker, who represents much of Silicon Valley in the California Senate and is close with many industry heavyweights, said he had hosted Ms. Harris in his home two decades ago.

Persons: Joe Biden, Kamala Harris, Biden, Harris’s, givers, Harris, ”, “ Harris Walz ”, Donald J, Trump, podcaster David Sacks, Sacks, Sheryl Sandberg, Laurene Powell Jobs, Steve Jobs, Josh Becker, Becker, ” Mr, Jason Henry, Nancy Pelosi, Jeffrey Katzenberg, Tom Steyer, Liz Simons, John Doerr, Reid Hoffman, Steve Westly, Getty, scions, Westly, Harris “, Eleni Kounalakis, —, ” Lateefah Simon, “ Kamala Harris, Simon, “ She’s, Ms, Ron Conway, Steve Spinner, Barack Obama’s, Hopkins, Mr, Spinner Organizations: Sunday, Obama, Bay Area, Facebook, Apple, San, California Senate, The New York Times, Biden, Area, InterContinental Locations: San Francisco, Nob, Woodside, Menlo, California, Pacific Heights, Silicon Valley, Versailles, Bay

Thierry Breton, France's European Union commissioner for internal market and consumer protection, industry, research and energy. Billed as an unscripted conversation by Musk, the Spaces session will be one of the few campaign events Trump does this week. Breton warned Musk that the EU was prepared to "make full use of our toolbox" to protect EU citizens from "serious harm." Getty Images | Getty Images News | Getty ImagesSince then, Musk has made a series of incendiary comments about the situation in the U.K. on X. Riot police officers push back anti-migration protesters outside on Aug. 4, 2024 in Rotherham, U.K. Christopher Furlong | Getty Images

Persons: Elon Musk, Tesla, Apu Gomes, Linda Yaccarino, Thierry Breton, Yaccarino, Donald Trump, Musk, Kamala Harris, Keir Starmer, Ashlea Simon, Peter Kyle, Christopher Furlong Organizations: SpaceX, X Holdings Corp, Milken Institute's Global, Beverly Hilton Hotel, Getty, European, X Corp, Union, Trump, Republican, Democratic, EU's Digital Services, Digital Services, Riot, British, Britain, Times Locations: Beverly Hills , California, Europe, United Kingdom, EU, Breton, Southport , England, Southport, England, Northern Ireland, Falkland Islands, Rotherham, U.K

The new short documentary “It’s Okay” explores the experiences of two young brothers at a Drag Story Hour event in North Carolina, one of more than a dozen states that have considered restrictions on drag performances in front of minors in recent years. An additional four states passed laws that could be used to restrict drag, according to Movement Advancement Project, an LGBTQ think tank. GLAAD, a national LGBTQ media advocacy organization, found that drag events faced more than 160 protests and significant threats between early 2022 and April 2023, with some events targeted by armed protestors. France said he felt like the people who were left out of the national conversation about Drag Story Hour were the kids who attended them. If his brother was indifferent to the drag queen or the story, that would have been our film.

Persons: “, Leo, Matteo, Shelita, ”, “ Simon Says ”, Shelita Bonet Hoyle, David France, Oscar, ‘, ’ ”, MSNBC Films France, Matteo’s Organizations: MSNBC, New Yorker, NBC News, Advancement, GLAAD, MSNBC Films, NBC Locations: North Carolina, Charlotte, Queens , New York, N.C, ’, ’ ” France, ” France, Montana, Tennessee, France, Texas

There, he told a story of a helicopter ride with former San Francisco Mayor Willie Brown that Mr. Brown denies. “It was Willie Brown,” Mr. Trump, who spent much of the last year hoping to make gains with Black voters, posted. Ms. Res, who also spoke to Politico, recalled that Mr. Trump liked to say that Mr. Holden had “turned white” from fear, but that it was actually Mr. Trump whose face was ashen. Mr. Brown told him he had never been in a helicopter with Mr. Trump. “He was not fan of hers very much, at that point,” Mr. Trump said.

Persons: Donald Trump, Willie Brown, Brown, Donald J, Trump, Witnesses ”, ” Mr, Willie doesn’t, Mr, Nate Holden, Donald, Ivana Trump, Holden, Taj, Trump’s, Robert, Barbara Res, “, wasn’t, ”, ‘, “ Donald, Res, “ ‘, ‘ Willie, “ Willie, anybody’s, Kamala Harris’s, Carlos Avila Gonzalez, Harris Organizations: Lago, San Francisco, Black, The New York Times, The Times, Ambassador, . Credit, Politico, Taj Mahal, Mr, Atlantic City, Trump, Trump . Credit, San Francisco Chronicle, Associated Press Locations: Black California, San Francisco, California, Black, Los Angeles, New Jersey, Holden’s, Manhattan, Atlantic City, N.J, Linden , N.J, Trump ., Alameda County, Oakland

☆ Fine-Tuning His Attacks on Harris, Trump Tries Using Her Words Against Her
▼ + stars: | 2024-08-10 | by ( Michael Gold | Simon J. Levien | ) www.nytimes.com time to read: +1 min

As former President Donald J. Trump continues to reach for attacks on his new opponent, Vice President Kamala Harris, that might halt her political momentum, he unveiled a new tactic at a rally in Bozeman, Mont., on Friday night, aiming to use Ms. Harris’s own words against her. Interrupting his typical pattern of a digressive and lengthy speech, Mr. Trump played two video compilations of past remarks by Ms. Harris that his campaign hopes will portray her as overly liberal and inept. The first video drew on statements that Ms. Harris made during the 2020 presidential campaign, when she tacked to the left and backed progressive ideas on criminal justice reform. The second was a montage of interviews and speeches that Mr. Trump’s campaign used to mock her speaking style and insult her intelligence. The videos did little to alter the message that the Trump campaign has deployed against Ms. Harris for weeks and that Mr. Trump summed up during his speech on Friday.

Persons: Donald J, Trump, Kamala Harris, Harris’s, Harris Organizations: Ms Locations: Bozeman, Mont

☆ Marqeta CEO on Q2 earnings, consumer trends and the end of cash
▼ + stars: | 2024-08-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarqeta CEO on Q2 earnings, consumer trends and the end of cashSimon Khalaf, Marqeta CEO, joins 'Power Lunch' to discuss the payments business and BNPL trends.

Persons: Simon Khalaf

☆ These dividend payers will beat the yields on cash as the Fed cuts rates, Bank of America says
▼ + stars: | 2024-08-09 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +3 min

However, investors can continue generating portfolio income if they snap up the right dividend stocks. Dividend yields that are too high may also raise the question of whether the company can sustain these payments to investors. Data storage player Seagate Technology made the cut, with a three-year annualized dividend yield of 7.9%, according to Bank of America's analysis. Bank of America rates KeyCorp as a buy, and it sees the company and its peers benefiting as the Fed dials back its policy. Devon, which the bank rates as a buy, this week surpassed the Street's estimates on core earnings per share in the second quarter, per FactSet.

Persons: Savita Subramanian, Wamsi Mohan, Mohan, Ebrahim Poonawala, Kraft, Merck Organizations: Federal Reserve, FedWatch, Bank of America, Seagate Technology, Bank of, KeyCorp, Devon Energy, Kraft Heinz, Simon Property Group Locations: Devon, Bank

☆ Work Culture at the Gates Foundation: Bill Gates Was Domineering, Inspired Fear
▼ + stars: | 2024-08-09 | by ( Anupreeta Das | ) www.businessinsider.com time to read: +10 min

Every year, Bill Gates — and, until she left, Melinda French Gates — would hold multiple meetings with executives of the Gates Foundation to approve plans and budgets, and review strategies. For many, the meeting might be the only direct opportunity to interact with, and impress, Gates and French Gates. AdvertisementGates and French Gates followed the presentations closely, usually saving questions for the end. The former couple sought to maintain a professional relationship, giving themselves at least two years to see if they could work together, with the understanding that French Gates would leave if they couldn't. One former senior employee compared the style of discussion to the Socratic method, often used in law schools by professors who push students to reasoning through dialogue.

Persons: Bill Gates —, Melinda French Gates, Gates, Louis XIV, —, opprobrium, Gates —, Bill Gates, Simon, It's, Melinda weren't, hasn't, Warren Buffett —, outargue Gates, seethed, Anupreeta Das Organizations: Gates Foundation, Business, Employees, Avid Reader Press, Simon & Schuster, Inc, HBO, Microsoft Locations: French Gates, Versailles, Gates

☆ 2 former bankers turned their experience into HBO's most underrated show. Now it's finally getting the attention it deserves.
▼ + stars: | 2024-08-09 | by ( Samantha Rollins | ) www.businessinsider.com time to read: +8 min

After 2 seasons under the radar, 'Industry' is poised for its breakout seasonHarper (Myha'la) has a new role in season three of "Industry." With the "Summer of the Finance Bro" in full swing, could this be the season "Industry" finally cuts through the noise? AdvertisementWorking in finance didn't prepare the 'Industry' cocreators for running a TV setMickey Down and Konrad Kay on the set of "Industry" season three. But they were delighted to hear from some cast and crew members who told them how much they enjoyed working on season three. "I really credit finance with pushing me towards it, because it's the polar opposite of finance in some respects," Down says.

Persons: —, Mickey Down, I'm, Harper, Simon Ridgway, Konrad Kay, thrums, Bro, Kay, didn't, Jami O'Brien, They're, Yasmin, Marisa Abela, inflicts, Indy Lewis, Kenny, Conor MacNeill, Henry Muck, Kit Harington, intertwines, HBO Rich, you'd, who's, Jamie O'Brien Organizations: Service, Business, HBO, Rotten, Venetia Locations: London

☆ How the super-rich are building their luxury ‘safe house’ bunkers
▼ + stars: | 2024-08-07 | by ( Simon Usborne | ) edition.cnn.com time to read: +8 min

Yet it’s no longer enough for the security-conscious billionaire to stick an impenetrable safe room in the basement where it might sit empty forever. Courtesy SAFEThe house itself, Corbi said in an interview via Zoom, is ultra-secure with the blast-proof doors, unbreakable windows and biometric door-entry systems. Even 50 years ago, he says traditional bunkers looked like high-end hotels — “kind of like the Ritz Carlton, underground”. For hundreds of thousands, prefabricated modular steel bunkers can be dropped into the ground under a new-build house. The days when you can throw a first aid kit in a prefab bunker and say you’re safe are long gone.”

Persons: “ We’ve, ”, Al Corbi, ” Corbi, Mukesh Ambani, Anant, Corbi, Mark Zuckerberg, Bill Gates, Noemi Cassanelli, CNN Graham Harris, Harris, they’re, Covid, Naomi Organizations: CNN, SAFE, Ritz, Carlton, Ritz Carlton, Creative Home Engineering Locations: Virginia, Mumbai, Hawaii, London, Highgate, Arizona —

☆ Secretaries of State say X's AI shared false election information
▼ + stars: | 2024-08-05 | by ( Kevin Breuninger | ) www.nbcnews.com time to read: +3 min

Five secretaries of state on Monday urged Elon Musk to fix his social media platform X’s artificial intelligence search assistant after it allegedly shared false information about the 2024 presidential election. “In all nine states the opposite is true,” said the letter, which was first reported by The Washington Post. In Monday’s letter, the secretaries of state wrote that Grok’s false claim was “shared on multiple social media platforms” within hours of Biden’s announcement. But “the false information about ballot deadlines has been captured and shared repeatedly in multiple posts — reaching millions of people,” the officials wrote. “Furthermore, Grok continued to repeat this false information for more than a week until it was corrected on July 31, 2024,” the letter alleged.

Persons: Elon Musk, Musk, chatbot Grok, Joe Biden, Donald Trump, Trump, Biden, Kamala Harris, ‘, Steve Simon, “, ”, Simon, Al Schmidt, Pennsylvania, Simon Steve Hobbs, Michigan’s Jocelyn Benson, Maggie Toulouse Oliver, Schmidt, Grok, X, OpenAI’s Organizations: Monday, SpaceX, Democratic, The Washington Post, Republican, CNBC, Trump, Republicans, America PAC Locations: Pennsylvania , Michigan, Minnesota, New Mexico, Alabama , Indiana , Ohio , Texas, Washington, United States

☆ Stocks making the biggest moves after hours: Palantir Technologies, Lucid Group, CSX and more
▼ + stars: | 2024-08-05 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Palantir posted adjusted earnings of 9 cents per share on $678 million in revenue. Lucid Group — Shares surged 6% after second-quarter estimates surpassed Wall Street estimates. The electric vehicle company reported revenue of $200.6 million , while analysts polled by LSEG forecast $192 million. CSX notched earnings of 49 cents per share in the second quarter, while analysts polled by LSEG expected 48 cents a share. Simon Property Group topped second-quarter revenue estimates, but posted in-line earnings.

Persons: Palantir, LSEG, AeroSystems, CNBC's Brian Evans, Sarah Min Organizations: Palantir Technologies, Wall, LSEG, CSX Corp, CSX, Semiconductor, Nvidia, Computer, Broadcom, Arm Holdings, Intel, Boeing, Avis Budget, Technologies, ZoomInfo Technologies, Simon Property, Simon Property Group Locations: LSEG .

☆ Elon Musk's X AI shared false election information after Biden dropped out, officials say
▼ + stars: | 2024-08-05 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Five secretaries of state on Monday urged Elon Musk to fix his social media platform X's artificial intelligence search assistant after it allegedly shared false information about the 2024 presidential election . Musk, the billionaire CEO of Tesla and SpaceX, had endorsed Republican presidential nominee Trump before Biden quit the race and backed Vice President Kamala Harris as the Democratic nominee. "In all nine states the opposite is true," said the letter, which was first reported by The Washington Post. Musk has previously said that he created and is donating to a political action committee that is supporting Trump and Republicans. That group, America PAC, is being investigated by Benson's office over its efforts to collect voter data in key swing states.

Persons: Musk, chatbot Grok, Joe Biden, Donald Trump, Elon Musk, Trump, Biden, Kamala Harris, Steve Simon, Simon, Al Schmidt, Steve Hobbs, Jocelyn Benson of, Maggie Toulouse Oliver, Schmidt Organizations: Monday, SpaceX, Democratic, The Washington Post, Pennsylvania, Republican, CNBC, Trump, Republicans, America PAC Locations: Pennsylvania , Michigan, Minnesota, New Mexico, Alabama , Indiana , Ohio , Texas, Washington, United States, Jocelyn Benson of Michigan

☆ Here are 4 things we're watching closely in the stock market this week
▼ + stars: | 2024-08-04 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Stocks had a rough week, topped off with a pummeling Friday after the July jobs data came in weaker than expected. Until then, bad economic news was good news for the stock market, because it meant the Federal Reserve would start cutting interest rates sooner. On Thursday, a drop in U.S. manufacturing activity for July and a jump in initial jobless claims dragged down the market. Next week is light on economic data, so expect earnings reports and CEO commentaries to drive the market action. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Stocks, Dow Jones, Jim Cramer, would've, Eli Lilly, Mounjaro, Berkshire Hathaway, Krystal, Tyson, BAX, Owens, Walt, Oscar Health, CRON, Krispy, Papa, Jim Cramer's, Jim Organizations: Nasdaq, Dow, Reserve, Broadcom, Devices, Palo Alto, PMI, Wynn Resorts, Investors, Wynn, Wynn Palace, U.S . Disney, Management, and Drug Administration, Carlyle Group, Krystal Biotech, Tyson Foods, TSN, Alpha Metallurgical Resources, BioCryst Pharmaceuticals, Axsome Therapeutics, Technologies, Clover Health, Realty Income Corp, Avis Budget Group, CSX Corp, CSX, Simon Property Group, Sterling Construction Company, Teradata Corp, Yum China Holdings, ZoomInfo Technologies, Holdings, Caterpillar, Baxter International, Vulcan Materials Company, Allegheny Technologies Incorporated, Constellation Energy Group, Marathon Petroleum Corp, Owens Corning Inc, Duke Energy Corp, GXO Logistics, Brands, Builders, Wynn Resorts Ltd, WYNN, Rivian Automotive, Devon Energy Corp, GigaCloud Technology Inc, Lumen Technologies, VF Corp, Walt Disney Co, Novo Nordisk, CVS Health, Aurora Cannabis Inc, Emerson Electric Co, Sony Group Corporation, SONY, Inc, ODP Corporation, Icahn Enterprises, MannKind Corp, ACM Research, Brink's Company, AppLovin Corporation, Digital Turbine, Sarepta Therapeutics, Occidental Petroleum Corp, Bros, SolarEdge Technologies, Aspen, Coeur D'Alene Mines Corp, Co, Vistra Energy, Cheniere Energy, Cronos, Himax Technologies, Properties Trust, Papa John's, Paramount Global, Trade, Lab, B2Gold Corp, Honest Company, Gilead Sciences, Growth, Nikola Corporation, Embraer, New Fortress Energy, Construction, Jim Cramer's Charitable, CNBC, Disney, Pixar Locations: Palo, Macau, Las Vegas, Boston, Vegas, Wynn Macau, China, Novo, Coeur, Gilead

☆ Belgium drops out of mixed triathlon and Switzerland shuffles line-up after athletes fall ill following race in River Seine
▼ + stars: | 2024-08-04 | by ( Kyle Feldscher | Issy Ronald | ) edition.cnn.com time to read: +7 min

Paris CNN —Belgium has withdrawn from the mixed relay triathlon race on Monday and Switzerland has had to mix up its roster after athletes from both countries fell ill following the initial triathlon races last week. The statement did not specify Michel’s illness, which was reported days after she swam in the River Seine during the women’s triathlon on Wednesday. “Claire Michel, a member of the relay, is unfortunately ill and must withdraw from the competition.”Michel finished 38th in the women’s triathlon competition on Wednesday. Swiss Olympic Chief Medical Officer Hanspeter Betschart noted that it is unclear if Briffod’s infection is related to the Seine’s water quality. The athletes had largely put their trust in organizers to ensure that the water quality was safe for them.

Persons: Claire Michel, “ Claire Michel, ” Michel, Jasper Jacobs, Adrien Briffod, Simon Westermann, Hanspeter Betschart, ” Betschart, Météo, ”, Julie Derron, Alex Yee, “, Paris Mayor Anne Hidalgo, –, CNN’s, De La Fuente, Kevin Dotson, Chris Liakos Organizations: Paris CNN —, Olympic Committee, Belgian, Belgian Hammers, Paris Olympic, Wednesday, Getty, Olympic, Swiss, Swiss Olympic, Paris, Triathlon, Medical, City of, Training, Games, Paris Mayor, CNN, CFU, Palais Locations: Paris CNN — Belgium, Switzerland, Belgium, AFP, Paris, Météo France, City, City of Paris, Prefecture, France, Seine, Austerlitz, Alexandra

☆ Trump Agrees to a Fox News Debate with Harris on Sept. 4
▼ + stars: | 2024-08-03 | by ( Simon J. Levien | ) www.nytimes.com time to read: +1 min

Former President Donald J. Trump said on Friday that he agreed to debate Vice President Kamala Harris on Sept. 4 in an event moderated by Fox News. If it happens, that would be the second presidential debate this election cycle and the first between Mr. Trump and the new Democratic candidate. It was unclear early Saturday if Ms. Harris had agreed to the debate and its terms. Mr. Trump said that the Fox News debate would have a live audience; the previous debate between President Biden and Mr. Trump took place in an empty venue. Though the campaigns agreed to the format of the first debate, Mr. Trump previously bemoaned that there was no crowd.

Persons: Donald J, Trump, Kamala Harris, Trump’s, Bret Baier, Martha MacCallum, Harris, Biden Organizations: Fox News, Mr, Democratic, Fox Locations: Pennsylvania

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