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☆ Trump, Harris campaigns race to define Democratic running mate Tim Walz
▼ + stars: | 2024-08-06 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +5 min

This combination of pictures shows Vice President Kamala Harris in Washington, DC on July 22, 2024, and Governor of Minnesota Tim Walz in Washington, DC, July 3, 2024. In a campaign that is playing out on a turbo-charged timeline, both camps have a narrow window to shape how voters view Harris' running mate. The Kamala Harris and Donald Trump presidential campaigns on Tuesday raced to push out dueling portraits of newly announced Democratic running mate, Minnesota Gov. Minnesota Governor Tim Walz speaks with union organizers before they march on businesses in downtown Minneapolis on October 14, 2022 in Minneapolis, Minnesota. "Just like Kamala Harris, Tim Walz is a dangerously liberal extremist, and the Harris-Walz California dream is every American's nightmare."

Persons: Kamala Harris, Minnesota Tim Walz, Harris, Tim, Walz, Donald Trump, Tim Walz, Roe, Wade, Walz's, Harris veepstakes, Jane Mayer, Trump, Karoline Leavitt, " Walz, Leavitt, Sara Craig, Rep, Byron Donalds, Kellyanne Conway, Sen, JD Vance, Vance Organizations: National, Marist, Tuesday, Democratic, Minnesota Gov, Minnesota, Republican, New Yorker, San, West Coast, Golden, Republican Governors Association, Democrats, Democrat, Fox News, Trump Locations: Washington , DC, Minnesota, Minneapolis, Minneapolis , Minnesota, America, San Francisco, Golden State, Walz California, lockstep, Ohio

☆ Analysis: The math behind why Harris picked Walz and why she may regret it
▼ + stars: | 2024-08-06 | by ( Harry Enten | ) edition.cnn.com time to read: +5 min

So what took Walz from, nationally speaking, a relative unknown to major-party vice presidential nominee? But is the Walz pick indicative of a campaign that is too online? After all, the Harris campaign has been riding a wave of good emotions since she became the presumptive Democratic nominee. One of the first rules when it comes to a vice presidential pick is to “Do no harm.” Harris likely did no harm with this pick. She seems to have momentum, and the Walz pick will probably do nothing to impede it.

Persons: Tim Walz hadn’t, Kamala Harris, Walz, Donald Trump, JD Vance, Vance, He’s, Harris, ” Harris, Joe Biden’s, Josh Shapiro, Shapiro, Walz’s, can’t, –, ’ Organizations: CNN, Minnesota Gov, Republican Party, Republican, Pennsylvania Gov, Democratic Party, Democratic, North Star State, Biden, White, ” Locations: Shapiro . Minnesota, Washington, . Pennsylvania, Pennsylvania, Minnesota

☆ Harris taps Minnesota Gov. Tim Walz as Democratic running mate
▼ + stars: | 2024-08-06 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +5 min

Tim Walz as her Democratic running mate for the 2024 presidential election. Vice President Harris is showing us the politics of what's possible. "Governor Tim Walz is an exceptionally strong addition to the ticket who will help Kamala move our country forward," Shapiro said. Within minutes of formally announcing Walz as Harris' running mate, the campaign went live with a webpage titled "Meet Governor Tim Walz" to help voters get acquainted with the new name on the Democratic ticket. Tim Walz greets Vice President Kamala Harris as she arrives at the Minneapolis-St. Paul International Airport in Saint Paul, Minnesota, March 14, 2024.

Persons: Kamala Harris, Tim Walz, Tim, Harris, " Walz, Josh Shapiro, Arizona Sen, Mark Kelly, Andy Beshear, Joe Biden, Andrew Caballero, Reynolds, Shapiro, Kamala, Walz, Minnesota's, Minnesota Tim Walz, Jim Watson, Trump, Donald Trump, Sen, JD Vance, Ohio, The Trump, Karoline Leavitt, Nancy Pelosi, Joe, Walz's, Stephen Maturen Organizations: Gov, Democratic, Kentucky Gov, NBC News, Minnesota, Afp, Getty, Harris, NPR, Marist, White, Republican, America Democrat, Army National Guard, Minnesota Gov, Paul International Airport, U.S . House, Trump Locations: Philadelphia, Minnesota, Arizona, Northfield , Minnesota, Washington , DC, Walz California, America, West Point , Nebraska, Butte , Nebraska, Minneapolis, St, Saint Paul , Minnesota

☆ Sequoia's Michael Moritz says Trump's Silicon Valley supporters are making a 'big mistake'
▼ + stars: | 2024-08-05 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +4 min

Read previewWhile some Silicon Valley investors and startup leaders are going red hoping for a more "tech-friendly" White House, Michael Moritz, a storied Sequoia Capital investor, believes that does not reflect the Valley overall. "Fortunately, at least in Silicon Valley, Trump will not prevail," Moritz wrote in a Financial Times opinion piece, which was also posted on LinkedIn. Like the rest of the nation, Silicon Valley is deeply divided over whom to support in the upcoming presidential race. In his piece, Moritz chided Trump supporters in Silicon Valley. Moritz added that Trump had historically not performed well among Silicon Valley voters.

Persons: —, Michael Moritz, Trump, Moritz, Kamala Harris, Donald Trump, Doug Leone, Shaun Maguire, Roelof Botha, Andreessen Horowitz, Marc Andreessen, Ben Horowitz, Fund's Peter Thiel, David Sacks, Chamath, Vance, Sen, JD Vance, Palmer Luckey, Elon Musk, VCs, Kamala, Harris, Vinod Khosla, Reid Hoffman, Mark Cuban, Ron Conway Organizations: Service, Sequoia Capital, LinkedIn, Business, Google, PayPal, Democratic, Republican, Tech, Trump, VR, Bloomberg, PAC, Street Journal, Netflix, Harris, Politico Locations: Silicon Valley, Sequoia, Park City , Utah, Silicon, Palo Alto , California, Newport Beach , California, Washington ,, Francisco, San Jose

☆ San Francisco Fed President Daly sees interest rate cuts coming as labor market weakens
▼ + stars: | 2024-08-05 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Mary Daly, president of the Federal Reserve Bank of San Francisco, during the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Friday, Feb. 16, 2024. San Francisco Federal Reserve President Mary Daly on Monday said she expects that interest rates will be cut later this year but declined to provide a timetable or the extent to which the central bank will ease. At their meeting last week, Fed officials provided some hints that lower rates are coming but were short on specifics. Earlier in the day, Chicago Fed President Austan Goolsbee told CNBC that the central bank's "restrictive" rates policy doesn't make sense if the economy isn't overheating, which he said it is not. If there are trouble signs with the economy, Goolsbee said the Fed will "fix it."

Persons: Mary Daly, Daly, we've, Austan Goolsbee, Goolsbee Organizations: Federal Reserve Bank of San, National Association of Business Economics, San Francisco Federal, Market, Chicago Fed, CNBC Locations: Federal Reserve Bank of San Francisco, Washington , DC, Hawaii

☆ See JD Vance's homes, from his humble childhood house in Ohio to the million-dollar properties he has ties to today
▼ + stars: | 2024-08-05 | by ( Maria Noyen | Jordan Pandy | ) www.businessinsider.com time to read: +1 min

Before he entered politics, Sen. JD Vance was best known as the author of "Hillbilly Elegy." Here's a look at homes the former Marine, Yale graduate, and Ohio senator is linked to. 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 . AdvertisementIf former President Donald Trump wins in November, he'll be back in Washington DC full-time — along with his vice presidential pick, JD Vance.

Persons: Sen, JD Vance, Vance, Donald Trump's, —, Donald Trump, he'll, Amy Adams, Glenn Close Organizations: Marine, Yale, Service, Washington DC, Senate, Republican, New York Times, Business Locations: Ohio, Washington

☆ Judge orders DOJ to return helmet, spear to 'QAnon Shaman' Jacob Chansley
▼ + stars: | 2024-08-05 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

"QAnon Shaman" Jacob Chansley will regain possession of the makeshift spear and horned helmet that he carried as he stormed the U.S. Capitol during the Jan. 6, 2021, riot with other Trump supporters, a federal judge ruled Monday. "Since the government has not established that it still needs these items as evidence and has not sought their forfeiture, the Court will GRANT Mr. Chansley's motion," Lamberth wrote. The DOJ last month said it wanted to hold on to Chansley's property, because despite having expressed remorse at his criminal sentencing, he has since challenged his conviction and sentence. "Even if the government may need to reprove Mr. Chansley's guilt, the government has not explained why it would need his property," the judge wrote in Monday's order. "He was like thousands of others that day," Lamberth wrote in Monday's order.

Persons: Jacob Chansley, Royce Lamberth, GRANT Mr, Lamberth, District of Columbia Matthew Graves, Chansley's, Chansley, Joe Biden, Donald Trump, Trump, Mike Pence Organizations: U.S, Senate, U.S . Capitol, Capitol, Trump, Justice, Washington , D.C, DOJ, Attorney, District of Columbia Locations: Washington ,, United States, American

☆ M. Night Shyamalan's new thriller 'Trap' is inspired by the true story of a twisted sting operation
▼ + stars: | 2024-08-05 | by ( Olivia Singh | ) www.businessinsider.com time to read: +4 min

Read previewDirector M. Night Shyamalan's new thriller, "Trap," is filled with twists and turns, but its premise is grounded in a real-life sting operation that took place in the '80s. Here's how the sting operation partly inspired Shyamalan's film. Related storiesAccording to The Washington Post, Operation Sting led to 144 arrests. Shyamalan said that the sting operation was 'hilarious' and the absurdity of the fakeout stuck with himHartnett as Cooper and Donoghue as Riley in "Trap." "Trap" isn't a comedy by any means, but the dark humor of Operation Flagship informed the movie.

Persons: —, Josh Hartnett, Cooper, Riley, Ariel Donoghue, Lady Raven, Shyamalan's, Saleka, Bernie Boston, Sting, Shyamalan, Hartnett, Donoghue, Sabrina Lantos, Lambs, Taylor, Dexerto Organizations: Service, Business, Flagship, DC, US, Washington Redskins, International Sports Television, Fugitive, Redskins, Cincinnati Bengals, Washington Convention Center, Special Operations, The Washington, Warner Bros, Empire, FBI Locations: Washington

☆ Everyone is talking about the Sahm recession indicator. Here’s what you need to know
▼ + stars: | 2024-08-05 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +4 min

A weaker-than-expected July jobs report on Friday officially triggered the Sahm rule. "We are not in a recession now — contrary the historical signal from the Sahm rule — but the momentum is in that direction," Sahm told CNBC by email on Friday. That frankly is not good enough, we can do better than avoiding a recession," Sahm told CNBC's "The Exchange." Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on July 31, 2024 in Washington, DC. In mid-June, Sahm told CNBC that the U.S. central bank risked tipping the economy into contraction by not cutting interest rates sooner.

Persons: Claudia Sahm, Sahm, —, we're, CNBC's, Dario Perkins, Perkins, Jerome Powell, William McChesney Martin Jr, Andrew Harnik Organizations: Federal, CNBC, U.S . Federal, New Century Advisors, New, Lombard, National Bureau of Economic Research, Federal Reserve, Getty, U.S Locations: U.S, Washington , DC

☆ Why the Fed is being blamed for the historic stock-market plunge
▼ + stars: | 2024-08-05 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

The Federal Reserve is catching some heat for the historic stock market plunge. AdvertisementThe Federal Reserve is to blame for the historic stock market plunge since last week, according to a growing chorus of market experts. JPMorgan strategist Mislav Matejka said in a Monday note that the lack of Fed rate cuts in the first half of the year will weigh on economic growth in the second half, and that any coming interest rate cuts from the Fed likely won't be enough. AdvertisementRegardless of what the Fed's motivation might be with waiting until September to cut interest rates, the market is taking away a pretty clear message. "There is growing sentiment is that the Fed has waited too long to cut interest rates and is now behind the curve," Comerica Wealth Management CIO John Lynch said.

Persons: —, Wharton, Jeremy Siegel, Siegel, Jerome Powell, Powell, they've, we're, Kamala Harris, Mislav Matejka, Matejka, Paul Volcker, Volcker, DataTrek, Nicholas Colas, John Lynch Organizations: Federal, Service, Federal Reserve, Nasdaq, CNBC, Washington DC, JPMorgan, Fed, Comerica Wealth Management Locations: Iran, Japan, Washington

☆ Miss USA vs. Miss America: How to tell the difference between the two biggest pageants
▼ + stars: | 2024-08-05 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +9 min

Read previewDo you know the difference between Miss USA and Miss America? From eligibility requirements and prize packages to swimsuit versus talent competitions, here are all the differences between Miss America and Miss USA. How did the Miss America and Miss USA pageants begin? Unlike Miss USA, Miss America features a talent competition. Both the Miss USA and Miss America pageants have had their share of scandals in recent years.

Persons: —, Margaret Gorman, weren't, Jackie Loughery, Yolande Betbeze, Kuusela, It's, Grace Stanke, Camille Schrier, Madison Marsh, Robin Fleming, Marsh, Laylah Rose, Rose, Kate Michael, Jae, Miss America, Sam Haskell, Mallory Hagan, Haskell, Hagan, Isaac Brekken Haskell, Gretchen Carlson, Carlson, Cara Mund, Mund, Crystle Stewart, Stewart, Miss USA Noelia Voigt, Miss Teen USA UmaSofia Srivastava, Jackeline Voigt, Barbara Srivastava, UmaSofia Srivastava, Noelia Voigt, Craig Barritt, Voigt, Srivastava, Miss Colorado Arianna Lemus, Stephanie Skinner, Paula Miles, Kimberly Nicewonder —, Barbara Srivastava's Organizations: Service, Miss USA, Miss America, Business, Miss, Atlantic City, Labor, Miss Washington DC, CBS, Getty Images Miss, Miss Universe, Nine, Miss America's, Miss Teen, AP, University of Alabama, Miss USA Organization, Miss America Organization, Huffington, Associated Press, Fox News, Miss Universe Organization, Miss Teen USA, CW Network Locations: Atlantic, Getty Images Miss USA, Finland, Miss USA, Miss America, New York, Los Angeles

☆ VIPER moon rover: Inside the scramble to save NASA’s canceled lunar vehicle
▼ + stars: | 2024-08-04 | by ( Jackie Wattles | ) edition.cnn.com time to read: +14 min

And the availability of the VIPER spacecraft piqued the company’s interest for future projects, Intuitive Machines told CNN. To get reach that goal, Intuitive Machines will likely have to dip into its own funds to complete VIPER’s finishing touches before liftoff. The Simulated Lunar Operations Lab at NASA Glenn Research Center tested planetary roving vehicle systems and components for vehicles such as the VIPER Rover. The Astrobotic Griffin lunar lander (pictured here in a rendering) is now slated to take off no earlier than late 2025. The lunar lander was designed to carry NASA’s VIPER rover as its main payload.

Persons: There’s, ”, Jack Kiraly, VIPER, Tim Crain, Thomas Zurbuchen, Aubrey Gemignani, Crain, ” Crain, “, Josh Marshall, it’s, Astrobotic, Griffin, John Thornton, Chandan Khanna, Griffin’s, Thornton, ” Thornton, Kiraly, I’m, Sen, Shelley Moore Capito, luncheons, Craig Hudson, Jerry Moran, ” Kiraly, “ It’s Organizations: CNN, Exploration Rover, NASA, Planetary Society, Research, Goddard Space Flight, Machines, NASA Glenn Research Center, VIPER Rover, Technology, United, Cape Canaveral Space Force, Getty, VIPER, Republican, Reuters Lawmakers, Commerce, Justice, Science, Kansas Republican Locations: Houston, Maryland, Nova, California, Pittsburgh, Cape, Cape Canaveral , Florida, West Virginia, Washington, Washington ,, China, Kansas

CNN —With two presidential candidates fighting over a mere 538 Electoral College votes, a tie scenario is more than possible. Those individual, competitive electoral votes in Maine and Nebraska become hugely consequential in potential tie scenarios. If there’s a 269-269 tie, or if a third party or independent candidate wins electoral votes and keeps a candidate from reaching an Electoral College majority of 270, the next step is the same. Has a contingent election happened in the years since the tied election of 1800? In 1876, when there was a contested outcome, the contingent election system was bypassed.

Persons: Thomas Jefferson, Aaron Burr, ”, Kamala Harris, Joe Biden, there’s, It’s, it’s, Mike Johnson, –, Harris, Federalist John Adams, Jefferson, Burr, Alexander Hamilton, Andrew Jackson, John Quincy Adams, Jackson, Robert M, Johnson, Martin Van Buren, South Carolina –, Republican Rutherford B, Hayes, Samuel Tilden Organizations: CNN, Electoral, Democratic, Republicans, Win, Electoral College, Congressional Research Service, CRS, Senate, Democrat, Democrats, Republican, Trump, Federalists, Jefferson’s Democratic, Federalist Locations: Wisconsin , Michigan, Arizona, Nevada, Nebraska, Pennsylvania, Georgia, Maine, California, Texas, Delaware, Wyoming, Washington, DC, Minnesota, North Carolina, – Florida, Louisiana, South Carolina, Oregon

☆ After various degrees and a brain injury, I owe $150,000 in student loans. The lawsuits and election only make it worse.
▼ + stars: | 2024-08-04 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +6 min

I wasn't prepared for the reality of my teaching salary or complicated nature of interest on student loans. I'm 35 now and have a long, winding history with my student debt, from income-driven repayment plans, to in-school deferments, to the SAVE plan, which an appeals court just blocked. And with the lawsuits and delays, my $150,000 of worth of debt in private and federal loans is now in limbo. AdvertisementThe lawsuits feel political to me, but I just don't see why politicians are interested in hindering my ability to survive. The election looms before me, with my financial future depending on who occupies the White House and how they feel about student debt.

Persons: Shanna Hayes, I'd, wasn't, I've, deferments, —, it's Organizations: Service, New England College, SAVE, House Locations: New York, New Hampshire

☆ 5-year-old killed and a second child injured after a bounce house goes airborne during Maryland baseball game
▼ + stars: | 2024-08-04 | by ( Sara Smart | ) edition.cnn.com time to read: +1 min

CNN —A 5-year-old boy died and another child was injured when a bounce house they were inside went airborne during a baseball game in Maryland on Friday night, authorities said. The bounce house flew onto the playing field at Regency Furniture Stadium, in Waldorf, as the Southern Maryland Blue Crabs baseball team was playing, according to a news release from Charles County officials. The children who were inside fell before the bounce house landed on the field, according to the news release. Onsite medical responders immediately tended to the children, with help from trainers from the baseball team and attendees of the game, authorities said. The Southern Maryland Blue Crabs postponed their Saturday night game due to the incident.

Persons: Charles, Reuben B, Collins, ” Collins, Waldorf, Yan Kaner Organizations: CNN, Regency Furniture, Southern Maryland Blue Crabs, Charles, Facebook Locations: Maryland, Waldorf, Charles County, Southern Maryland, Washington

☆ Judge overseeing election subversion case against Trump in DC rejects another effort to dismiss case
▼ + stars: | 2024-08-03 | by ( Holmes Lybrand | ) edition.cnn.com time to read: +2 min

CNN —A day after getting the election subversion case against Donald Trump back, the presiding federal judge rejected another effort by the former president to have the case dismissed. Earlier this summer, the Supreme Court granted Trump sweeping immunity for official acts as president, and the case, brought by special counsel Jack Smith, is now back in the hands of Judge Tanya Chutkan in Washington, DC. The judge also found that Trump’s suggestions that Biden attempted to influence prosecutors was unfounded. In her ruling Saturday, Chutkan rejected Trump’s arguments that the case in Washington was brought only because Trump pleaded not guilty to charges of mishandling classified information in Florida — a case that was recently dismissed. “Defendant’s decision to enter a not guilty plea in Florida does not establish a realistic likelihood that this prosecution was vindictive,” Chutkan wrote.

Persons: Donald Trump, Trump, Jack Smith, Tanya Chutkan, Chutkan, Smith, Trump’s, “, ’ ” Chutkan, Joe Biden, Biden, ” Chutkan Organizations: CNN, Justice Department, Defendant, Southern District of Locations: Washington , DC, Washington, Florida, Southern District, Southern District of Florida

☆ 2 renowned strategists say the US should defend Taiwan with nuclear strikes. Experts say such talk is just a taste of what's to come.
▼ + stars: | 2024-08-02 | by ( Matthew Loh | ) www.businessinsider.com time to read: +13 min

The US once floated nuclear retaliation in 1958 if China invaded Taiwan, and stationed nuclear weapons on the island until 1974. It would essentially tell Beijing that an invasion of the island risks nuclear war, he said. "What's the benefit of reassuring Xi that our nuclear weapons are not relevant?" "So relatively low-yield nuclear weapons could destroy that amphibious force and do little to no collateral damage onshore in Taiwan." He added that threatening war — much less nuclear war — over Taiwan would be deeply unpopular at home.

Persons: —, David Kearn, Kearn, — he'd, Greg Weaver, Weaver, Obama, Matthew Kroenig, James Acton, Greg, Matt, Kroenig, Lyle Goldstein, Goldstein, we're, Acton, Francesca Giovannini, Giovannini, Xi Jinping, Xi, It's, Marshall Billingslea, Billingslea, Rebeccah Heinrichs, Jake Werner Organizations: Service, John's, Atlantic Council, Pentagon, Business, RAND, US Defense, Joint Chiefs of Staff, Defense Department, Nuclear, Carnegie Endowment, International, China Initiative, Brown University, International Peace, Harvard University's Kennedy, Georgetown University, US State Department, Hudson, Keystone Defense Initiative, Kroenig, East Asia, Quincy Institute, Responsible, Johns University Locations: St, Taiwan, China, Beijing, Washington, Korea, Japan, Taiwan Strait, Washington , DC, Guam, South China, Russia, United States, Bejing, South Korea

☆ The Marines are testing its mobile drone-killing machine, equipped with Stinger missiles and machine gun turrets, for full deployment
▼ + stars: | 2024-08-02 | by ( Hope Seck | Sandboxx News | ) www.businessinsider.com time to read: +8 min

Related stories"MCOTEA uses a mission-oriented context in operational testing to relate evaluation results to the impact on the Warfighter's ability to execute missions," the guidebook states. "Focusing on the mission context during operational test planning and execution provides a more robust operational test environment and facilitates evaluation goals." While the real-world MADIS system will be equipped not only with Stinger missiles but also with 30mm machine gun turrets, officials said the tests so far have only involved training ammo. This fall, 3rd LAAB will finally get its first 13 MADIS systems right as the weapon achieves initial operating capability, marking it ready for combat. Program managers said earlier this year that the Marine Corps wants a total of 190 MADIS and 21 L-MADIS systems.

Persons: —, USS Boxer, jammer, MADIS, Cpl, Apollo Wilson, Lance Cpl, Jack C, Howell MADIS, Morgan Blackstock, Neil Mabini Col, Andrew Konicki, Blackstock, Taylor Barefoot, Barefoot, Robert Barclay, Barclay, Matthew Romonoyske Organizations: Service, Marine Air Defense Integrated, Marines, Air Battalion, Business, Tactical Vehicles, USS, 22nd Marine Expeditionary Unit, Polaris, Military, . US Marines, Marine Air Defense, US Marine Corps, Marine Corps, DoD, MCOTEA, Marine Air Defense Integrated System, MADIS, Marine Corps Systems Command, Sandboxx, " Systems, Mk1, US Navy, Air Defense, Corps, Unmanned, Systems, US Marines Locations: Strait, Hormuz, Yuma, America, Philippine, Camp Pendleton , California, Washington ,, Bataan

☆ Google, Netflix, and OpenAI execs are hosting a fundraiser for Kamala Harris
▼ + stars: | 2024-08-02 | by ( Melia Russell | ) www.businessinsider.com time to read: +1 min

Executives from Google, Netflix, and OpenAI are throwing a fundraiser for Kamala Harris. 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 . Then came a series of events that shows Kamala Harris still has friends in high-tech places. It started with LinkedIn cofounder Reid Hoffman declaring his support for Harris the same day that Biden ended his campaign.

Persons: Kamala Harris, —, Donald Trump, Reid Hoffman, Harris, Biden, Reed Hastings, Kamala Organizations: Google, Netflix, Service, LinkedIn, Business Locations: Washington ,, Silicon Valley

☆ Judge Chutkan could jumpstart Trump election interference case now that it’s back in her court
▼ + stars: | 2024-08-02 | by ( Hannah Rabinowitz | ) edition.cnn.com time to read: +8 min

The case returns to Judge Tanya Chutkan one month after the Supreme Court issued a game-changing ruling on presidential power. But the Supreme Court interceded earlier this year and put the case on pause to consider Trump’s claims of presidential immunity. Attorneys working on the case believe that Chutkan will move quickly with the case back in her jurisdiction, according to sources familiar with their thinking. Any move she makes will be under extreme scrutiny, given that it’s the only remining federal case against Trump after the Florida federal judge overseeing his classified documents case, Aileen Cannon, dismissed those criminal charges against Trump and his two co-defendants. Cannon appeared to hold hearings on nearly every motion in the Trump case before her, but Chutkan often rules without hearing from the parties in person.

Persons: Donald Trump, Tanya Chutkan, Chutkan, Trump’s, Jack Smith’s, Mike Pence, Trump, Aileen Cannon, ”, ’ Chutkan, “, ” Chutkan, She’s, “ Tanya’s, it’s, shouldn’t, Tim Parlatore, Cannon, –, CNN’s Holmes Lybrand, Evan Perez, Paula Reid, Casey Gannon Organizations: CNN, Trump, Capitol, DC, Court Locations: Washington ,, Florida, Washington

☆ 72% of Americans worry Social Security will run out in their lifetimes. Here's what experts say
▼ + stars: | 2024-08-02 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

Workers who pay into Social Security while they're working should expect benefits from the program when they retire. Yet 72% of adults worry Social Security will run out of funding in their lifetimes, a new survey from Nationwide Retirement Institute finds. Meanwhile, 23% do not expect to receive even a dime of the Social Security benefits they've earned. However, fears that Social Security benefits may dry up completely are overblown, experts say. Nevertheless, Americans shouldn't worry Social Security will disappear.

Persons: they've, Millennials, Xers, Harris, Vance, David Blanchett, We're, Blanchett, Joe Elsasser, CNBC.com, Elsasser Organizations: Workers, Social Security, Nationwide Retirement Institute, Finance, GOP, Social, Security, DC Solutions

☆ As Ryan Salame stares down years in prison for his role in FTX, he's spending his time doing what he loves: posting
▼ + stars: | 2024-08-02 | by ( Haven Orecchio-Egresitz | ) www.businessinsider.com time to read: +12 min

Read previewIn May, Ryan Salame was sentenced to 7½ years in prison for his role in Sam Bankman-Fried's multi-billion-dollar cryptocurrency fraud. In May, US District Judge Lewis Kaplan — who also oversaw Bankman-Fried's trial — sentenced Salame to 7.5 years in prison, higher than what prosecutors recommended. AdvertisementSalame says without evidence that a key witness in Bankman-Fried's trial liedSalame pleaded guilty to charges against him in September, shortly before the start of Bankman-Fried's criminal trial in Manhattan. At the trial, Singh said he initially cared about the political donations, but later just did whatever Salame told him to. In social media posts, Salame said Singh wasn't being truthful about his role in the use of FTX customer funds.

Persons: —, Ryan Salame, Sam Bankman, Salame, Fried, SBF, Trump, Donald Trump, RyAN, Lewis Kaplan —, Kaplan, ANGELA WEISS, weren't, German Shepherd, Caroline Ellison, Gary Wang, Nashad Singh —, Wang, Singh, Ellison hasn't, Salame didn't, didn't, Nishad Singh, FTX, Ellison, Singh wasn't, Nishad, I've, Guy, hasn't, he's, Joe Biden, Bitcoin, Gary Gensler, Biden, Kamala Harris Organizations: Service, Business, Alameda Research, US Bureau of Prisons, US, Mega, FTX, Circle Trade, CPA, HK, Republican Party, Twitter, Alamada Research, Prosecutors, Getty, FTX's, Office, Southern, of, Bankman, Republican, Alameda, SEC, Trump Card Locations: Bankman, FTX, Alameda, Bahamas, America, Nashville, Manhattan, Washington ,, United States, German, of New York, York

The Russian officials took the proposal back to Moscow. It was a remarkably swift conclusion to years of painstaking negotiations between the US and more than half a dozen countries. Key to the deal was President Biden’s ability to persuade German Chancellor Olaf Scholz to release Krasikov, the Russian prisoner most keenly sought by Putin. Officials worked quietly throughout this year to get the German government to agree to release Krasikov — including entreaties from both Biden and Harris. President Biden sent a letter to Scholz in April, and the Germans at last agreed to release Krasikov in early June.

Persons: CNN —, Vadim Krasikov, who’d, who’s, Vladimir Putin, Paul Whelan, Evan Gershkovich, Bill Burns, Gershkovich, Whelan, Alsu Kurmasheva, Vladimir Kara, Murza, Kurmasheva, Joe Biden, Biden, Kamala Harris, Serdar Ozsoy, Biden’s, Olaf Scholz, Putin, Krasikov, Brittney Griner, Burns, –, Viktor Bout, Alexey Navalny, Brendan Smialowski, Antony Blinken, James Rubin, Blinken, Annalena Baerbock, Jake Sullivan, Harris, Scholz, “ Chancellor Scholz, “, Jake, ‘, ’, Sullivan, Navalny, Paul, Evan, ”, Ronald Wittek, Kara, Robert Golob, Kurmasheva’s, Hostage Affairs Roger Carstens, Carstens, Jeff Flake, ” Flake, Flake, ” Sullivan Organizations: CNN, CIA, Wall Street, White, Base Andrews, Aircraft, Ankara Esenboga Airport, US Marine, WNBA, State Department, National Security Council, Krasikov, Getty, German, National, Biden, Munich, Conference, US, Munich Security, Aspen Security, Street, Hostage Affairs Locations: Eastern, Russia, Russian, Berlin, Moscow, American, Turkey, Ankara, Chechen, Slovenia, Norway, Poland, Washington , DC, AFP, Germany, ”, Munich, Washington, Slovenian, Mordovia, “

CNN —Alleged Sinaloa cartel cofounder Ismael “El Mayo” Zambada appeared Thursday in federal court in Texas for his latest hearing since his arrest a week ago in an intrigue-packed case centered on one of the world’s most powerful and deadly drug trafficking organizations. He was arrested the prior day in El Paso alongside Joaquín Guzmán López, the 38-year-old son of infamous cartel boss and founder Joaquin “El Chapo” Guzman. The scene outside the courthouse in El Paso showed a heavy security presence, with federal agents and bomb-sniffing dogs patrolling the perimeter. Attorney Jeffrey Lichtman’s assertion raised new questions about why Guzmán López flew to Texas if he had no cooperation agreement with American authorities. “Joaquín Guzmán López forcibly kidnapped my client,” attorney Frank Pérez said in a statement.

Persons: Ismael “ El, Ismael “ El Mayo ” Zambada, Zambada, Joaquín Guzmán López, Joaquin “ El Chapo ” Guzman, –, Anne Milgram, Guzmán López, Jeffrey Lichtman’s, “, Frank Pérez, Christopher Wray, “ Zambada Garcia, Ismael, El, Jose Luis Gonzalez, he’s, El Chapo, boss’s, Oseguera, Zambada’s, that’s, Guzmán, El Chapo’s, CNN’s Eric Levenson, Emma Tucker, Polo Sandoval, Evan Perez, Nicole Chavez, Cheri Mossburg, Christina Zdanowicz Organizations: CNN, Ismael “ El Mayo, US, DC, US Justice Department, Justice Department, Drug, US State Department, ” Police, Reuters, of, Zambada, Jalisco New, –, Congressional Research Service Locations: Sinaloa, Texas, El Paso, New York , California , Texas , Illinois, Washington, United States, Mexico, Chicago, Joaquín, Illinois, El Mayo, Eastern, of New York, Jalisco, Zambada

☆ Markets are clamoring for the Fed to start cutting soon: 'What is it they're looking for?'
▼ + stars: | 2024-08-01 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Federal Reserve Chairman Jerome Powell arrives to speak at a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on July 31, 2024 in Washington, DC. If the Federal Reserve is starting to set the table for interest rate reductions, some parts of the market are getting impatient for dinner to be served. Claudia Sahm, chief economist at New Century Advisors, said on CNBC just after the Fed concluded its meeting Wednesday. The Fed needs to start that process back gradually to normal, which means gradually reducing interest rates." If the inflation job is done, or we're on that glide path, it's OK, the Fed can start stepping aside."

Persons: Jerome Powell, William McChesney Martin Jr, Claudia Sahm, Sahm Organizations: Federal Reserve, New Century Advisors, CNBC, Fed Locations: Washington , DC

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