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☆ FedEx earnings will show the success of the company's restructuring, says TD Cowen's Jason Seidl
▼ + stars: | 2024-09-19 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFedEx earnings will show the success of the company's restructuring, says TD Cowen's Jason SeidlTD Cowen senior analyst Jason Seidl joins 'Closing Bell' to discuss his expectations for FedEx earnings, why he is picking FedEx over UPS, and more.

Persons: Jason Seidl, Cowen Organizations: FedEx, UPS

☆ Like digital locusts, OpenAI and Anthropic AI bots cause havoc and raise costs for websites
▼ + stars: | 2024-09-19 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +11 min

One study estimated that the world's supply of usable AI training data could be depleted by 2032. An OpenAI spokesperson said the company's bot was querying Coates' website roughly twice per second. But hungry AI botnets scrape first, ask questions later. "Utterly sick"Coates says his Game UI Database is back up and running and he continues to add to it. But Coates' story is emblematic of a bigger question: When AI comes to change the world, who bears the cost?

Persons: —, Edd Coates, Coates, Jay Peet, We've, Joshua Gross, Gross, Jennifer Martinez, Anthropic, Senecal, botnets, robots.txt, Roberto Di Cosmo, Di Cosmo, Tania Cohen, Cohen Organizations: Service, Business, OpenAI, Google, Microsoft, Software Heritage, Software Locations: It's

☆ Largest port on U.S. East Coast, New York/New Jersey, begins prepping for what could be first union strike since 1977
▼ + stars: | 2024-09-19 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

"A number of ocean carriers have announced their plans in terms of embargoing export cargo coming to the East Coast from the Midwest," said Rooney. Once the strike is over the Coast Guard would lead the charge in an orderly flow of vessels entering the port." "While the APAC region typically has more options to shift freight to the West Coast, over half of the automotive freight coming in today is heavily dependent on the East Coast. Port of New York/New Jersey has joined other ports that have publicly posted strike contingency plans. The vessels scheduled to come into the East Coast and Gulf ports have been traversing the ocean since early to mid-August.

Persons: Beth Rooney, Rooney, Jim Mancini, CH Robinson, Biden, Taft, Hartley, We've, Harold Daggett Organizations: CNBC, International Longshoreman's Association, ILA, Cruise, United States Maritime Alliance, Port Authority of New, Coast Guard, Maersk, Port, Bloomberg, Getty, Transportation, U.S ., Biden, Logistics Locations: of New York, New Jersey, North America, East, Gulf Coasts, Port Authority of New York, New York, East Coast, Maersk Atlanta, Newark, Newark , New Jersey, US, North, Europe, Oceania, Latin America, Asia, West Coast, Germany, Charleston, Savannah, U.S . West Coast, Port, Houston, Mobile , Alabama

☆ Eldest-Daughter Syndrome Is Real; Big Sisters Do More, Studies Say
▼ + stars: | 2024-09-19 | by ( Kelli María Korducki | ) www.businessinsider.com time to read: +13 min

But there may be more of a science to eldest daughters than meets the eye. When a mother needed help, biology caused her eldest daughter to step up and mature faster to provide that help. Most striking of all, maternal distress was not found to speed up adrenal puberty in sons or younger daughters. "I have a closer relationship with her, to this day, than I do with many of my other older siblings," he said. His wife grew up as part of a similarly large brood — and her eldest sister had a similar experience.

Persons: Lisa Doucet, Albert didn't, Doucet, Albert, I'm, " Doucet, babysitters, they'd, Molly Fox, Fox, Pamela Jakiela, aren't, isn't, Jonathan Westover, Mary Poppins —, Westover, We're, —, Lenette Azzi, Lessing, Jakiela Organizations: University of California, Fox, Center for Global Development, Williams College, University of Essex, Child, Utah Valley University, Boston University, Child Welfare League of America Locations: Rhode Island, Providence, TikTok, Los Angeles, Kenya, Utah

☆ Boeing says it's going to start furloughing 'a large number' of its white-collar employees amid strike
▼ + stars: | 2024-09-19 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +4 min

On Wednesday, Boeing announced it will be temporarily furloughing a "large number" of white-collar employees. The news comes after around 30,000 Boeing workers began a strike on Friday after rejecting a new pay contract. "We are initiating temporary furloughs over the coming days that will impact a large number of US-based executives, managers, and employees," Kelly Ortberg, the CEO of Boeing, wrote in an email to employees. In a union vote on September 12, workers voted against an agreement that Boeing and the labor union for machinists and aerospace workers had proposed. Read the full memo Ortberg sent to employees:Team,As you know, the IAM 751 and W24 went on strike last Friday.

Persons: Kelly Ortberg, Ortberg, It's, furloughs, Kelly Organizations: Service, Wednesday, Boeing, Employees, Business Insider, IAM Locations: Boeing's, Pacific Northwest

☆ Analysis: Hezbollah leader Hassan Nasrallah’s speech shows signs of a group driven deeper underground
▼ + stars: | 2024-09-19 | by ( Tamara Qiblawi | ) edition.cnn.com time to read: +5 min

The second sign was that Nasrallah’s address – his first since two waves of attacks detonated thousands of Hezbollah wireless devices earlier this week – was very possibly pre-recorded. The leader of the powerful militant group has not delivered a speech in person since the start of Lebanon’s last all-out war with Israel in 2006. In his speech last month, for example, Nasrallah referenced two sonic booms caused by Israeli jets that had broken the sound barrier over Beirut. The roar reverberated throughout the city yet the Beirut-based militant leader neither flinched nor referenced the incident during his speech. Israel’s fighter jets seemed intent to underscore the gains of Tuesday and Wednesday’s attacks on Hezbollah’s wireless devices: the group had been driven deeper underground.

Persons: –, Hassan Nasrallah, Nasrallah, ”, Mohamed Azakir, Reuters Nasrallah, “ We’ve, “, group’s Organizations: Beirut CNN, ”, American University of, American University of Beirut Medical Center, Reuters, of Locations: Beirut, Israel, Lebanon, American University of Beirut, Gaza

☆ Rallying Microsoft shares could be forming the troubling 'bear flag' chart pattern
▼ + stars: | 2024-09-19 | by ( David Keller | ) www.cnbc.com time to read: +3 min

The foundation of Dow's work was based on the analysis of price trends, comparing swing highs and swing lows to define and track the trends over time. An initial look at the chart of Microsoft (MSFT) may suggest a consistent uptrend of higher highs and higher lows. And while this short-term uptrend is a valid observation, this also means Microsoft may be forming the dreaded "bear flag" pattern, which often precedes a major downdraft. A bear flag pattern occurs when you have an initial downtrend, in this case, the drop from $470 to $385 from early July to early August of this year. If MSFT would drop below $410 in the coming weeks, that would complete the bear flag pattern, and would also push the price back below the 200-day moving average.

Persons: Charles Dow, Downside, David Keller Organizations: Microsoft, MSFT, CMT, CNBC, NBC UNIVERSAL

☆ Rihanna’s fluffy Jacquemus bathrobe
▼ + stars: | 2024-09-19 | by ( Leah Dolan | ) edition.cnn.com time to read: +2 min

At the UK launch of her latest beauty endeavor, Fenty Hair, the global megastar posed for photos outside Selfridges, London’s historic department store, not in satin, silk or sequins — but a fluffy bathrobe worn off-the-shoulder. The cream-colored fuzzy gown was designed by Jacquemus and styled by Jaheel Weaver with gold point-toe pumps and long crystal earrings. The bathrobe went from cosy staple to red carpet appropriate. Ora even kept the gag going when she changed into a shorter bathrobe for her live performance. Andreas Rentz/Getty ImagesMore recently, Isabelle Huppert has been making the case for bathrobe-style textiles to receive the red carpet treatment.

Persons: Jaheel Weaver, Neil Mockford, Rihanna, Rihanna isn’t, Rita Ora, Ora, Andreas Rentz, Isabelle Huppert, Huppert, Beers Organizations: CNN, MTV, Cannes Film Locations: Capri ., Spain

☆ The Fed has set out on a 'recalibration' of policy. Here's what Powell's new buzzword means
▼ + stars: | 2024-09-19 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a "recalibration" of policy at a pivotal moment for the central bank. "This recalibration of our policy stance will help maintain the strength of the economy and the labor market, and will continue to enable further progress on inflation as we begin the process of moving forward a more neutral stance," Powell said. Financial markets weren't quite sure what to make of the chair's messaging in the meeting's immediate aftermath. However, asset prices soared Thursday as investors took Powell at his word that the unusually outsized move wasn't in response to a substantial slowing of the economy. The Dow Jones Industrial Average and S&P 500 jumped to new highs in trading Thursday after swinging violently Wednesday.

Persons: Jerome Powell, Powell, didn't, Tom Porcelli Organizations: Financial, Dow Jones Industrial

☆ Dollar rebounds after Fed goes big on rate cut
▼ + stars: | 2024-09-19 | by ( ) www.cnbc.com time to read: +4 min

The U.S. dollar rose broadly on Thursday, recovering from an earlier tumble in the immediate aftermath of the Federal Reserve's outsized interest rate cut that had been largely priced in by markets. The U.S. dollar rose broadly on Thursday, recovering from an earlier tumble in the immediate aftermath of the Federal Reserve's outsized interest rate cut that had been largely priced in by markets. Fed policymakers on Wednesday projected the benchmark interest rate would fall by another half of a percentage point by the end of this year, a full percentage point next year and half of a percentage point in 2026, though they said the outlook that far into the future is necessarily uncertain. "So to expect an easing today because of what the Fed has done seems a little bit too hard to believe." Elsewhere, the Australian dollar edged up 0.05% against its U.S. counterpart to $0.6768, while the New Zealand dollar advanced 0.04% to $0.6210.

Persons: Jerome Powell, it's, Rodrigo Catril, —, Eric Robertsen, Sterling, NAB's Organizations: U.S, Wednesday, Reuters, National Australia Bank, Bank of England, New Zealand Locations: U.S, Singapore

☆ Biden’s student debt forgiveness plan to remain blocked, federal judge orders
▼ + stars: | 2024-09-19 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

A federal judge has extended a temporary restraining order against the Biden administration's latest student loan forgiveness plan, threatening the White House hope to provide financial relief to tens of millions of Americans ahead of the Nov. 5 presidential elections. In the meantime, Hall said he would review the plaintiffs' request for a preliminary injunction against the Biden's relief plan, and the Biden administration's request to dismiss the case. The continuation of the restraining order is the latest setback for the Biden administration's efforts to cancel people's federal student loans. President Joe Biden began promising to alleviate people's education debts during his 2020 campaign bid, but Republican legal challenges have consistently stymied his attempts. The development stems from a lawsuit against the president's aid package brought by seven GOP-led states earlier this month.

Persons: Joe Biden, Randal Hall, George W, Bush, Biden, Hall, Ohio — Organizations: White, Biden, U.S, Republican, GOP, U.S . Department of Locations: Washington , DC, Alabama, Arkansas, Florida, Georgia , Missouri, North Dakota, Ohio

☆ Husband of Russia’s richest woman arrested on murder charge after office shootout
▼ + stars: | 2024-09-19 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Moscow — Vladislav Bakalchuk, the estranged husband of Russia’s richest woman, was arrested and charged with murder Thursday, his lawyers said, after a deadly shootout at the Moscow office of Russia’s largest online retailer. Two people were killed in a shooting Wednesday just a few blocks away from the Kremlin at the Wildberries office, as a dispute over the company’s future took a violent turn. Tatyana founded Wildberries, Russia’s answer to Amazon, in 2004, growing it from an online clothes reseller into a major marketplace for all kinds of goods. Tatyana Bakalchuk, billionaire and chief executive officer of Wildberries OOO, pictured in her office in Moscow, Russia, on Feb. 16, 2021. Tatyana said Vladislav and his colleagues had tried to seize the office and that there was no meeting scheduled.

Persons: Moscow — Vladislav Bakalchuk, Russia’s, Vladislav, Tatyana Bakalchuk, Wildberries, Russ, Tatyana, Elena Chernyshova, Robert Mirzoyan, Ramzan Kadyrov, Vladimir Putin’s, “ Vladislav Organizations: Kremlin, Russ Group, Bloomberg, Getty Locations: Moscow, Russia, RVB, Wildberries, Soviet Union

☆ The Author of ‘Impossible Creatures’ Tucks Big Ideas in Tales of Wonder
▼ + stars: | 2024-09-19 | by ( Sarah Lyall | More About Sarah Lyall | ) www.nytimes.com time to read: +1 min

“We lived in places where you could wake to wildness,” encountering “monkeys and snakes and various kinds of incredible birds,” she said. “They paid us to memorize the poems,” Rundell said of her parents. “I was a very mercenary kid, and had quite a retentive memory.”Her books are infused with loss, something she encountered early on. When she was 10, her beloved sister Alison died from a congenital illness at the age of 16. “She was the most gentle person I’ve ever met, and so when we lost her, I just knew I would never meet anyone like her again, and I never have.”

Persons: Rundell, ”, John Donne, ” Rundell, “, Alison, “ I’m Locations: Britain, Harare, Zimbabwe

☆ A new housing plan wants to give middle-class Americans the kind of support typically reserved for low-income households
▼ + stars: | 2024-09-19 | by ( Eliza Relman | Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

The HOMES Act would establish a new federal housing development authority charged with building and rehabilitating more than a million permanently affordable homes. This so-called "social housing" is notably different from traditional public housing, which is entirely reserved for the poorest households. Rent for all tenants in social housing would be capped at 25% of their income. "There is another way: social housing," Ocasio-Cortez and Smith said in their op-ed. And in California, lawmakers introduced a bill to construct mixed-income social housing on government-owned land.

Persons: —, Alexandria Ocasio, Sen, Tina Smith, Cortez, Gianpaolo Baiocchi, Smith, Baiocchi, Emily Gallagher's, Kamala Harris, she's, Donald Trump, Smith —, Harris, Walz Organizations: Service, New, New York Democrat, Minnesota Democrat, Senate, Business, Urban Democracy Lab, New York Times, New York Locations: Alexandria, Cortez, New York, Minnesota, New, California, Vienna

☆ Ariel fund manager on a pick to buy post-Fed and this jumping tech stock to stick with
▼ + stars: | 2024-09-19 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

Heading into a lower interest-rate environment, there is one stock that should be on investors' radar, according to Ariel Investments' Charles Bobrinskoy: Oracle. " AI is all about analyzing your data, and Oracle controls a lot of that data." While Bobrinskoy said Oracle used to be "way too cheap," it is currently "getting pretty close to fairly valued." Bobrinskoy now expects there to be a rotation into value stocks given the view that there is a lower risk of a recession. "Value stocks are very cheap," he continued.

Persons: Ariel, Charles Bobrinskoy, CNBC's, Bobrinskoy, BorgWarner, Stocks Organizations: Ariel Investments, Oracle, Federal Reserve

☆ Warren Buffett's death plan dodges taxes and will make his kids 'philanthropic titans,' says wealth inequality guru
▼ + stars: | 2024-09-19 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

This story is available exclusively to Business Insider subscribers. On the positive side, he's not creating private wealth dynasties. But his children will become philanthropic titans by wielding taxpayer-subsidized private power through enormous charitable foundations upon his death. A progressive annual wealth tax, with rates becoming steeper as wealth goes above $1 billion. A cap on the charitable deduction so that wealthy people, like Buffett, don't get to opt out entirely of paying taxes.

Persons: —, Warren Buffett, Berkshire Hathaway, he's, Chuck Collins, Buffett, Collins, Bill Gates, don't Organizations: Service, Business, Institute for Policy Studies, Berkshire Locations: Berkshire

☆ Jim Cramer reviews 10 stocks that perform well just after the start of a cutting cycle
▼ + stars: | 2024-09-19 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

CNBC's Jim Cramer on Thursday reviewed stocks that have historically performed well just after the Federal Reserve embarks on a cutting cycle and chose his favorites. Using data compiled by CNBC Pro, Cramer discussed the top 10 stocks with the median best performance during three months after an initial cut over the past 40 years. "Now that the Fed's started cutting rates with a bang, you need to think about what kind of stocks will work best in what I consider to be a new regime. Our friends as CNBC Pro got you started with the ten stocks that've done best during the first three months after a rate cuts, going back to '84," he said. "But when you go through their current circumstances, the only ones I can fully endorse are Apple, Target and Textron, in that order."

Persons: CNBC's Jim Cramer, Cramer, –, Sarah Min Organizations: CNBC Pro, Apple, Target, Textron

☆ China's Navy starts testing a next-generation fighter jet on one of its aircraft carriers
▼ + stars: | 2024-09-19 | by ( Chris Panella | ) www.businessinsider.com time to read: +1 min

China tested a next-generation fighter jet on its CNS Liaoning aircraft carrier. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementChina said it tested its next-generation J-35 fighter jet on one of its aircraft carriers. Footage published by China Central Television last week documented the test, which occurred on the CNS Liaoning aircraft carrier.

Persons: — Organizations: Liaoning, Service, China Central Television, Business Locations: China

☆ Why rate cuts could actually slow the economy instead of sparking growth
▼ + stars: | 2024-09-19 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

The consensus view is that lower rates will stave off a recession by stimulating economic growth through lower borrowing costs. The hidden danger of a double cutHowever, David Kelly of JPMorgan Asset Management warned that lower rates aren't an economic panacea. In fact, the chief global strategist thinks these cuts could, paradoxically, cause the economy to slow in the near term. Advertisement"The important thing to recognize is that cutting interest rates at the start doesn't stimulate the economy at all," Kelly said on CNBC. "There is a J-curve effect; it actually slows the economy because people begin to anticipate those lower rates, so they want to wait for lower rates."

Persons: —, Jim Caron, Claudia Sahm, Jerome Powell, Sahm, Ronald Temple, Kevin Philip of, David Kelly, Kelly, what's, you've, Kelly isn't, it's, they've Organizations: Service, Federal, Business, Fed, Dow Jones, Morgan Stanley Investment Management, CNBC, New Century Advisors, Lazard, Kevin Philip of Bel Air Investment Advisors, JPMorgan Asset Management

☆ Sindh, Pakistan: Police fatally shoot blasphemy suspect in second such killing in a week
▼ + stars: | 2024-09-19 | by ( Associated Press | Story The | ) edition.cnn.com time to read: +4 min

Karachi, Pakistan — Police in southern Pakistan shot dead a blasphemy suspect during an alleged shootout with armed men, officials said Thursday, the second such apparent extra-judicial killing in a week, drawing condemnation from human rights groups. Videos circulating on social media showed local clerics throwing rose petals at police and praising officers for killing the blasphemy suspect. There was no immediate clarification from the Sindh government about the circumstances in which the suspect was killed. The latest killing comes a week after an officer opened fire inside a police station in the southwestern city of Quetta, fatally wounding Syed Khan, another suspect held on accusations of blasphemy. Pakistan has witnessed a surge in attacks on blasphemy suspects in recent years.

Persons: Shah Nawaz, Mohammed, Niaz Khoso, Nawaz, “, Khoso, ”, HRCP, Syed Khan, Khan, Mohammad Khurram, —, Islam Organizations: Pakistan — Police, Police, Local, Human Rights Locations: Karachi, Pakistan, Umerkot district, Sindh province, Mirpur Khas, Sindh, Umerkot, Quetta, Madyan, Punjab, Jaranwala

☆ US overdoses have fallen sharply in recent months, a hopeful shift in trends
▼ + stars: | 2024-09-19 | by ( Deidre Mcphillips | ) edition.cnn.com time to read: +7 min

But the latest provisional data shows that overdose deaths made a sharp turn at the end of last year and have been trending down for months. There were about 101,000 overdose deaths in the year ending in April, CDC estimates. Overdose deaths involving fentanyl and other synthetic opioids are down 20% year-over-year, CDC data shows. These drugs are now involved in about two-thirds of all fatal overdoses, down from more than three-quarters of all overdose deaths a year ago. “We’ve been riding a better than 20-year peak in terms of the continuous increases of drug overdoses,” Pamplin said.

Persons: ”, Sarah Wakeman, Brigham, “, Nabarun Dasgupta, Dasgupta, it’s, ” Wakeman, ” John Pamplin, “ We’ve, ” Pamplin, ” Dasgupta, Dr, Sanjay Gupta, Nora Volkow Organizations: CNN, Federal, US Centers for Disease Control, Mass, University of North, CDC, United States, Columbia University, CNN Health, Black, National Institute on Drug, National Institutes of Health Locations: United States, University of North Carolina, United

☆ Ray Dalio calls upcoming U.S. election the most consequential of his lifetime
▼ + stars: | 2024-09-19 | by ( Christine Wang | In Christinejwang | ) www.cnbc.com time to read: +1 min

Ray Dalio said the 2024 U.S. elections will likely be the most important of his lifetime and he thinks the country needs a "strong leader of the middle." "As far as the election goes, it's going to be the most consequential election of my lifetime because we now have irreconcilable differences between the two sides," he said. "The first question we'll ask is: will we have an orderly transition of power? We have the question- the fact that it is possible — that election results may not be accepted — that's quite something." On Wednesday, Dalio had named the elections as a major force shaping the global economy, calling it an "issue of internal order and disorder."

Persons: Ray Dalio, Dalio Organizations: Bridgewater Associates, CNBC Locations: U.S

☆ Companies without cyber insurance could be making a costly mistake
▼ + stars: | 2024-09-19 | by ( Erica Sweeney | ) www.businessinsider.com time to read: +7 min

Many companies don't have cyber insurance because of costs, but the market is growing. Cyber insurance can help companies recover financially from cyberattacks and data breaches. But one way leaders can minimize the impact of losses from a cybersecurity incident is by getting cyber insurance. One reason is the cost: The Cyber Readiness Institute estimates that cyber insurance can cost businesses $500 to $5,000 a year. What cyber insurance does and doesn't coverMany policies offer first- and third-party coverage, and most companies need both, Engstrom said.

Persons: —, Shruti Engstrom, Engstrom, Josephine Wolff, Wolff, it's, Stephen Boyer, Boyer Organizations: Service, IBM, Tufts University, Insurance, Federal Trade Commission, Companies Locations: cyberattacks

☆ MIND is a combination of the Mediterranean and DASH diets. A dietitian who wrote a book on it shares 3 mistakes people make when starting out.
▼ + stars: | 2024-09-19 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +4 min

Read previewA dietitian who has written a book on the MIND diet spoke to Business Insider about the most common mistakes people make when starting to follow it. The MIND diet stands for the Mediterranean-DASH Intervention for Neurodegenerative Delay, and combines the principles of the Mediterranean and DASH diets , with added foods for brain health and longevity. Research suggests the MIND diet can help reduce cognitive decline as people age. BI spoke to McGrane about the mistakes people make when following the MIND diet. Related storiesTrying to overhaul your diet overnightMcGrane said that you shouldn't try to completely switch to the MIND diet immediately.

Persons: —, Kelli McGrane, McGrane, You'll, I'd Organizations: Service, Business, US, American Heart Association, Research, Neurology, Harvard, Chan, of Public Health, Beginners

☆ Trump's crypto allies boast lavish lifestyles amid trail of debts
▼ + stars: | 2024-09-19 | by ( Katherine Long | ) www.businessinsider.com time to read: +7 min

Three of Trump's children are employees of World Liberty Financial, including his 18-year-old son Barron, who CoinDesk reported holds the title of "DeFi visionary" at the company. World Liberty Financial's spokesperson, Jim Redner, told BI he has "no information." Both were involved in a project called Dough Finance, whose source code appears remarkably similar to that of World Liberty Financial, Coindesk reported. It's still unclear when World Liberty Financial will begin allowing investors to purchase its tokens. "Attention community: Please be aware of scams and fake tokens," World Liberty Financial posted on Telegram last month.

Persons: —, Donald Trump, Trump, Zachary Folkman, Chase Herro, Crypto, he's, Barron, CoinDesk, Herro, they've, Folkman, Jim Redner, I've, Redner, he'd, JPMorgan Chase, Folkman's, Zack Bauer, AmEx, Coindesk Organizations: Service, Liberty, U.S ., Business, Trump, World Liberty, Facebook, Ritz Carlton, Virgin Islands, Liberty Financial's, JPMorgan, Bloomberg, American Express, Finance, Dough Finance, Liberty Financial Locations: Greenwich Village, Caribbean, Puerto Rico, California , New York, Virgin, Los Angeles, San Diego, California

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