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Both men, now in their 60s, have worked at the same Piggly Wiggly grocery store in Franklin, Kentucky for 50 years. Haley and Watkins each started working at the store full time as associates after graduating high school. The average salary for a store manager at Piggly Wiggly ranges from $34,000 to $109,000 per year while the pay for a meat manager ranges from $42,000 to $76,000, according to Indeed. The Piggly Wiggly veterans are in good company — older Americans are working longer. Haley echoes the same sentiment: "Time flies when you're having fun."
Persons: Dale Haley, Ricky Watkins, Haley, Watkins, Haley didn't, , I'd, I, Don't, you'll Organizations: Gallup, CNBC Locations: Franklin , Kentucky
“Wow, we’re losing Joe Biden,” said Murphy, 83, a retiree who keeps busy teaching the Chinese tile game Mahjong to fellow seniors. You know, she’s, she’s at the perfect age. And I think she’s up to the challenge in that regard.”Boyer knows his innate optimism is about to be tested. “I think that she should be able to push his buttons.”What voters want to see from HarrisPat Levin for months bristled at the Biden age conversation. CNNHer advice to Harris is telling – so many voters who were loyal to Biden are now blunt about what was missing.
Persons: Darrell Ann Murphy, we’re, Joe Biden, , Murphy, “ Joe, Easton, Biden, Catherine Long, Long, ” Mary Ann Horvath, ” Horvath, ” Murphy, Kamala Harris, Harris, Pamela Aita, , Hillary Clinton, Roe, Wade, she’s, She’s, ‘ let’s, let’s, ’ ’ ’ Murphy, Josh Shapiro, , ” CNN's John King, Marvin Boyer, ” Boyer, Donald Trump, Trump, “ There’s, “ Will, Larry Malinconico, ” Malinconico, Malinconico, Biden’s Harris, Harris ., didn’t, Harris Pat Levin, ” Levin, Pat Levin, John King, ” Biden, Franklin Roosevelt’s, I’ve, “ I’ve Organizations: Pennsylvania CNN, White, Times, Democratic, CNN Local, Easton, Democratic Party, Biden, Lafayette College, CNN Locations: Easton, Pennsylvania, Northampton, Northampton County, Bethlehem, American, , United States
It's a historic week for the cryptocurrency markets with spot ether exchange-traded funds making their debut. Franklin Templeton is one of the nine spot ether ETF applicants which got approval Tuesday from the Securities and Exchange commission. CEO Jan Van Eck expects spot ether ETFs will help investors diversify, but he sees a different energy level for spot ether ETFs. "I don't think they're going to be the same, same kind of hit [as spot bitcoin ETFs]" Van Eck said. Long-term, Morningstar's Ben Johnson considers the volumes for spot ether ETFs as normal because they're roughly proportional to the relative market cap of ether versus bitcoin .
Persons: Franklin Templeton, , David Mann, CNBC's, Jan Van Eck, Van Eck, Morningstar's Ben Johnson Organizations: Securities, Exchange, Franklin Ethereum Locations: cryptocurrencies
With the SEC clearing the path for ETFs, Grayscale will have a boatload of rivals, and investors can go hunting for the lowest fees. Large financial firms, including Fidelity Investments, Franklin Templeton, BlackRock and Invesco, are already on the market with their own spot ether ETFs. In their first day of trading on Tuesday, spot ether ETFs collectively saw over $1 billion in volume, with JPMorgan analysts estimating net sales of $104 million. While money poured into the new offerings, the Grayscale Ethereum Trust (ETHE) saw redemptions of $485 million. watch nowIn the bitcoin ETF market, Grayscale has been struggling to handle the flood of competition.
Persons: Jakub Porzycki, Barry Silbert's, Franklin Templeton, Morningstar's Bryan Armour, Grayscale's David LaValle, LaValle Organizations: Nurphoto, U.S, Digital Currency Group, SEC, Fidelity Investments, BlackRock, JPMorgan, CNBC Locations: Invesco, U.S
President Biden delivered remarks from the Oval Office on Wednesday on his decision to abandon his bid for re-election. The following is a transcript of his speech, as recorded by The New York Times. My fellow Americans, I’m speaking to you tonight from behind the Resolute Desk in the Oval Office. In this sacred space, I’m surrounded by portraits of extraordinary American presidents. But in the defense of democracy, which is at stake, I think it’s more important than any title.
Persons: Biden, Thomas Jefferson, George Washington, Abraham Lincoln, Franklin Roosevelt, It’s Organizations: The New York Times, Resolute Locations: America
Follow our Olympics coverage in the lead-up to the Paris Games. The Paris Games will have more programming hours on the NBC broadcast network than any previous Olympics. NBC is upping its celebrity presence for its Olympic coverage in Paris, headlined by Snoop Dogg. “Research shows that it is a challenge to keep viewers after 10 p.m. ET,” NBC Olympics producer Rob Hyland said. NBCUniversal owns the U.S. media rights to the Olympic Games through 2032, so Paris (2024), Milan-Cortina (2026), Los Angeles (2028) and Brisbane (2032).
Persons: Peacock, Molly Solomon, NBC’s, , ” Solomon, Solomon, Snoop, Snoop Dogg, Christian Petersen, Kelly Clarkson, Peyton Manning, Mike Tirico, Alex Cooper, Leslie Jones, Kevin Hart, Kenan Thompson, Colin Jost, Cooper, Simone Biles, Manning, Ryan Crouser, Jones, Katie Ledecky, Sha’Carri Richardson, Lily Collins, Anna Hall, Ledecky, LeBron James, Sydney McLaughlin, Kelly Campbell, Peacock’s, Scott Hanson, Andrew Siciliano, Jac Collinsworth, Matt Iseman, Akbar Gbajabiamila, , Al Michaels, Mark Lazarus, Sanya Richards, Ross, Rowdy Gaines, Tim Daggett, Laurie Hernandez, Samantha Peszek, Misty, Julie Foudy, Dwyane Wade, LaChina Robinson, Michael Phelps, Dan Hicks, Gaines, Maddie Meyer, they’ll, Rob Hyland, Andres Cantor, Rebecca Lowe, Craig Melvin, Ahmed Fareed, Damon Hack, Maria Taylor, Cara Banks, Laura Britt, Trenni Casey, Lindsay Czarniak, Carolyn Manno, Kathryn Tappen, John Roethlisberger, “ John, He’s, , breaststroker Lilly King wagged, Ryan Murphy, Sunny Choi, Victor Montalvo, Joe Gesue, Ron Vaccaro, NBCU, it’s, NBCUniversal, Rick Cordella, Dan Goldfarb, Stuart Franklin Organizations: Paris, NBC, Paris Games, U.S, Tokyo Olympics, Olympics, NBC Olympics, NBC’s, Getty, NBC Sports, Tokyo Games, Beijing, Games, USA, CNBC, Golf Channel, Telemundo, Universo, NBCOlympics.com, , , NFL, NBCUniversal Media, Paris La Défense, Research, Olympic, Grand Palais, Concorde, NBC Sports ’, Olympic Games, Cortina Locations: Paris, Beijing, Pyeongchang, South Korea, Central, Pacific, U.S, Paris ”, Teahupo’o, Tahiti, Rio de Janeiro, Brazil, China, Rio, Tokyo, Peacock, United States, Versailles, Grand, London, Russian, Norway, South Carolina, Milan, Los Angeles, Brisbane, French
There are already ether ETFs that track futures contracts, but these are the first to track spot ether. Spot ether ETF applications Grayscale Ethereum Mini Trust (ETH)Grayscale Ethereum Trust (ETHE)Bitwise Ethereum (ETHW)VanEck Ethereum (ETHV)21Shares Core Ethereum (CETH)Invesco Galaxy Ethereum (QETH)Fidelity Ethereum (FETH)Franklin Ethereum (EZET)iShares Ethereum Trust (ETHA) Like the spot bitcoin ETFs that launched in January, most are waiving fees initially — in many cases for up to a year. By the standards of ETF launches, spot bitcoin ETFs have been a success: They recently topped $17 billion in net flows year to date since their debut. Bitcoin prices rose going into the launch of spot bitcoin ETFs. (Ether is the cryptocurrency used in the Ethereum network, but in practice the terms Ethereum and ether are often used interchangeably.)
Persons: Bitwise, VanEck, Franklin Ethereum, iShares, bitcoin, Ben Johnson, Morningstar's, Matt Hougan, Johnson, Morningstar Organizations: Nurphoto, Fidelity, U.S . Securities, Exchange, SEC Locations: Washington
AdvertisementPornhub, launched in 2007 and based in Montreal, lets users upload amateur and professional porn videos in much the same way users upload to YouTube. "Performers" remain unverified in many thousands of pre-2024 videos, including those that pop up from search terms involving teens and violence, Mickelwait told Business Insider. Lawsuits and monitoringAn ever-growing number of lawsuits by some 300 plaintiffs allege the site knowingly profited from videos of their abuse. An excerpt from a federal judge's November order granting class-action status to one of dozens of Pornhub lawsuits. AdvertisementMost recently, she said, she reported to state authorities the Pornhub video showing a woman shouting in pain and asking not to be filmed.
Persons: , Laila Mickelwait, She's, Mickelwait, It's, Pornhub, Sarah Bain, Aylo —, Rocky Shay Franklin, Nicholas Kristof, Bill Ackman, MindGeek, Netflix —, Laila, Mike Bowe, I've, Bowe, kG2TK2R8sj, Cormac J, Carney, Serena Fleites, Fleites, Bain, Cherie DeVille, Mike Stabile, Stabile Organizations: Service, Business, Ethical Capital Partners, Random House, Justice Defense Fund, Sunday Times, New York Times, Heinz, Unilever, KY, Pornhub, Netflix, Mastercard, Visa, Capital, US, Free Speech Coalition Locations: Montreal, Pornhub, Alabama, Florida, London, Manhattan, California, Bowe's, Bakersfield , California
Gavin Newsom of California, had previously said he would not challenge Ms. Harris. He often rambles incoherently in interviews and at campaign rallies and has confused names, dates and facts just as Mr. Biden has. Mr. Biden consistently maintained that his experience was an advantage, enabling him to pass landmark legislation and manage foreign policy crises. He maintained that he was the Democrat best equipped to defeat Mr. Trump given that he did so in 2020. On the international front, Mr. Biden revitalized international alliances that frayed under Mr. Trump, rallying much of the world to stand against Russia’s unprovoked invasion of Ukraine.
Persons: Biden, Kamala Harris, Donald J, Trump, , Mr, Ms, Harris, , it’s, I’ve, Kamala, , Gretchen Whitmer, Gavin Newsom, pollsters, Franklin, Lyndon, Ketanji Brown Jackson, Israel, Benjamin Netanyahu, Biden’s, James K, Polk, James Buchanan, Rutherford B, Hayes, Lyndon Johnson, John F Organizations: Sunday, Trump, Democratic, Democratic Party, Gov, Mr, Democratic National Convention, Senate, Democrat, White, Roosevelt’s, Society, Supreme, Republican, Republicans, Hamas Locations: Michigan, California, Chicago, Europe, County, Delaware, Ukraine, Israel, Gaza, Rafah, Afghanistan, Kabul, U.S, Vietnam
CNN —Billy Horschel will carry the slenderest of leads into the final 18 holes of the Open Championship in Scotland, as the American capitalized on Shane Lowry’s grisly slide to edge clear in a rain-soaked third round. I’m embracing it,” Horschel, whose career best major performance was a tied-fourth finish at the 2013 US Open, told reporters. Lowry's round went downhill after trouble at the 'coffin' bunker on the eighth hole. Stuart Franklin/R&A/Getty ImagesHaving taken a three shot advantage to the eighth tee, the 37-year-old will start the final round three strokes adrift of leader Horschel, and one back from world No. 1 Scottie Scheffler, who shot even-par 71 to stay in contention for a second major title of the season.
Persons: Billy Horschel, Shane Lowry’s, “ I’ve, I’m, ” Horschel, , I’ll, , Kevin C, Cox, Thriston Lawrence, Sam Burns, Russell Henley, Xander Schauffele, Justin Rose, Daniel Brown, Brown, I’ve, ” Brown, you’d, Andrew Redington, Coffin ’, Lowry’s, Lowry, Stuart Franklin, Horschel, Scottie Scheffler, ” Lowry, Adam Scott, Lawrence Organizations: CNN, Troon, European, Irish Locations: Scotland, Horschel, American, Troon
One after another, for four days, the testimonies for Donald J. Trump poured out. “God spared his life,” Franklin Graham, the evangelist, proclaimed. “Divine intervention” saved his father from the assassin’s bullet, Eric Trump said. Ben Carson, the former secretary of housing and urban development, said that when he saw his friend “escape death by mere inches” his thoughts “immediately turned to the book of Isaiah, which says, ‘No weapon formed against you shall prosper.’”And Mr. Trump himself said at the Republican National Convention, “I felt very safe because I had God on my side.”As many in the audience nodded and cried in the darkness, the message was unmistakable. Even as his speech was criticized by many for its divisive tone and length, for these believers, Mr. Trump appears supernaturally anointed, an embodiment of God’s blessing.
Persons: Donald J, Trump, , ” Franklin Graham, , Eric Trump, Ben Carson, Isaiah Organizations: Republican National Convention
Arrival information is unavailable for many Subway routes in NYC and DC because of a global IT outage. Transport authorities say trains and buses are running as scheduled, though. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementCommuters in NYC and DC should prepare for some disruptions on Friday morning over the global IT outage. Though transport authorities in both NYC and DC say that trains and buses are running as scheduled, arrival information is unavailable for many routes, including both at stations and on the authorities' websites and apps.
Persons: Organizations: Rail, Service, DC, York City's Metropolitan Transportation Authority, Franklin, Shuttle, Business Locations: NYC, York City's, Rockaway
And there was great, great sorrow. They’re going to be OK. They’re going to be doing very well. Now he’s going to get on the plane in a little while and he’s going to go back home to his wife. Great, great student at Yale. So many — just so many heroes, so many great, great people.
Persons: Dana, Bob, , Lee, you’ll, it’s, didn’t, Nobody, , I’m, Corey Comperatore, David Dutch, James Copenhaver, We’re, Corey, Helen ., David, James, Dan Newlin, Dan, Trump, , Aileen Cannon, I’ve, Don, Kimberly, Ivanka, Jared, Eric, Lara, Tiffany, Michael, Barron, he’s, “ Dana won’t, That’s Lee Greenwood, … Eric, Crazy Nancy Pelosi, They’ve, Jason, Jason Aldean, Vance, Usha, He’s, He’ll, MAGA, ” MAGA, I’ll, you’re, nobody’s, We’ve, Somebody’s, they’re, It’s, can’t, We’ll, don’t, “ I’m, we’ll, Biden, They’re, that’s, you’ve, I’d, gee, You’d, That’s what’s, Donald Trump, That’s, There’s, Tom Homan, Brandon Judd, They’ll, Obama, They’d, “ You’ve, we’re, we’ve, Hannibal Lecter, Dwight D, Eisenhower, Jocelyn Nungaray, Rachel Morin, Rachel, Laken Riley, horrifically, Viktor Orban, what’s, Bush, it’ll, Kim Jung Un, Sam Brown, Sam, You’ve, Abdul, Don’t, You’re, Ronald Reagan, America’s, Franklin Graham, Franklin, Billy Graham, he’d, soldiered Organizations: of Pennsylvania, Secret Service, Service, Democrat, Republican Party, Republican, Democrats, America, Yale, ISIS, Space Force, Energy, Apple, Trump, Republican Senate, White, Republicans, United Auto Workers, Social Security, Border Patrol, ICE, , Lambs, University of Georgia, , U.S, Senate, Washington, D.C, Yankee, Win Locations: America, United States, Butler Township, of, Pennsylvania, Florida, Ohio, Milwaukee, Wisconsin, Asia, Europe, Taiwan, Korea, Philippines, China, Russia, Ukraine, Israel, Iran, Germany, Mexico, Nevada, United States of America, There’s, South America, Africa, Middle East, Venezuela, Caracas, El Salvador, Houston, Los Angeles, Maryland, Hungary, “ Russia, Georgia, Crimea, Syria, Iraq, North Korea, Afghanistan, Bagram, Cuba, Miami, U.S.A, Wisconsin , Wisconsin, Washington, Japan, Delaware, Valley Forge, Yorktown, Gettysburg, Midway
Investors looking for stock investments on the cheap should look abroad, according to Schroders investment strategist Bob Armstrong. Europe's Stoxx 600 index and the Japanese Nikkei 225 hit record highs earlier this year, along with the S & P 500 . FactSet data shows the former trades at 15 times trailing 12-month earnings, while the latter has a multiple of 23. The S & P 500, meanwhile sports a 27 times earnings multiple. Year to date, the Nikkei is up nearly 20%, outpacing the S & P 500's 17% jump.
Persons: Bob Armstrong, Europe's, Armstrong, Armstrong didn't Organizations: Nikkei, CNBC, Tokyo, European Central Bank and Bank of England, Franklin FTSE United Kingdom ETF Locations: U.S, Europe, Armstrong, Russia, Ukraine, Japan
Washington CNN —Republican presidential nominee Donald Trump would not fire Federal Reserve Chair Jerome Powell if the former president wins the election in November, according to a Bloomberg interview published Tuesday. Powell, a registered Republican, was first tapped to helm the central bank by Trump in 2017. That still wouldn’t stop Trump from pushing to oust Powell before the Fed head’s term concludes in 2026. “He sued for reinstatement and even though he died while the litigation was pending, the Supreme Court still took up his case. It answers to Congress, not the US president, according to the law that established the central bank.
Persons: Donald Trump, Jerome Powell, he’d, Powell, Trump, , he’s, reappoint Powell, Powell isn’t, William Humphrey, Franklin Roosevelt, Organizations: Washington CNN, Republican, Bloomberg, Trump, Fed, Democratic, House, Federal Trade Commission, Brookings Institution, Fed’s, Governors
But the race between Vance and Ryan remained extremely competitive until the end, even as other statewide Republicans had easy victories that year. While Vance won the race that November, the extent of his struggles was on full display on election night. AdvertisementRyan was undoubtedly a strong candidate, but Vance's underperformance relative to other Ohio Republicans was quite stark. But in urban and suburban communities across Ohio, Vance was swamped by Ryan in the Senate race. In the Cincinnati area, where Vance lives, Ryan won populous Hamilton County by nearly 16 points.
Persons: , Donald Trump, Sen, JD Vance, Vance, Trump, Tim Ryan, Ryan, Ohioan Sen, Sherrod Brown, Joe Biden, Mike DeWine, Dayton Mayor Nan Whaley, Dave Yost, Frank LaRose, DeWine's coattails, Ukraine — Vance, Roe, Wade —, Mitch McConnell of, John Thune of, Republicans aren't Organizations: Service, Ohio Republican, GOP, Democratic, Business, Republicans, Democrats, Ohio, Buckeye State, Republican, Dayton Mayor, Ohio Republicans, Independents, Senate, Ukraine Locations: Ohio, Mahoning, Michigan , Wisconsin, Pennsylvania, exurban, Cincinnati, Hamilton County, Franklin County, Columbus, Cuyahoga County, Cleveland, The Ohio, Ukraine, Sens, Mitch McConnell of Kentucky, John Thune of South Dakota, Trump, Rust
Around the dinner table in the early 2000s, David Katzman would quiz his kids about their dream startups. ModelFit employees told BI that Gelband used the Pelvicore Pro only with the permission of its creator, the physical therapist Christina Christie. Once, in October 2018, David Katzman met with Facebook's ad team to discuss SDC's before-and-after advertisements, which violated the tech company's policies. SDC employees worked on Pvolve marketing campaigns, and Pvolve employees took trips on David Katzman's jet. "He didn't come from anything, and he spent years and years building up the business," the person close to Pasterino told BI.
Persons: Stephen Pasterino, Pasterino, he'd, hadn't, Rachel Katzman, who'd, Katzman, Pvolve, Jennifer Aniston, David Katzman, bankrolled, , Laura Quintana, Stephen, Erik Connolly, Connolly, John Mayer, Nietzsche, Dan Gilbert, David, Gilbert, Usher, Jordan, decanting, Justin Gelband, ModelFit, Taylor Swift, Gelband, Vanessa Packer, Bryan Bedder, we'll, didn't, Woody Allen's, Vera Wang, Katzman's, I've, Cynthia Hannah, Blanca Padilla, Pasterino's, Justin Gelband's, Tracy Anderson's, cofounders, Packer, Christina Christie, Christie, Jordan Katzman, David Katzman's, Camelot, Julie Cartwright, Pvolve's, Cartwright, Hannah Bronfman, Nadine Leopold, Tim P, Pvolve didn't, Quintana, Rachel, SmileDirectClub, Jamie Dimon, Olivia Culpo, Craig Barritt, Bethenny Frankel, Madelaine Petsch, Lola tampons, They'd, Mara, ThreeForm, loaning, Hannah, Christie Brinkley, Monica Schipper, she'd, Rebecca Minkoff, Lindsay Pinchuk, Pamela, couldn't, Kathryn Delacruz, Madison Krause, Krause, Delacruz, " Krause, Pvolve's attorney's, Aniston's, Aniston, Jennifer, Jennifer Aniston's, Connelly, SDC's cofounders, — Pasterino, ThreeForm hasn't, Sarah VanZalen, there's, Erewhon, WWD, Tim Michaels, franchisors, Michaels, they've, Aperol Organizations: SoHo, Pvolve, Los Angeles ., Depot, DeeKay Enterprises, Quicken Loans, Cleveland Cavaliers, Camelot Venture Group, New, ModelFit, GQ, Getty, Hamptons, Beverly Hills Hotel, Cosmopolitan, BI, Gray Institute, SDC, Camelot, Lionsgate, Facebook, Whitby, Ventures, . Press, Miss, Employees, Naboisho Conservancy, Katzman's, Southampton, Pvolve Facebook, LinkedIn, Health, Forbes, Workers, Industry Locations: Pvolve, New York, Chicago, Los Angeles, Hammonton , New Jersey, Atlantic City, Jersey Shore, Franklin , Michigan, Michigan, Detroit, Las Vegas, Beverly, SoHo, Ibiza, France, Paris, Vogue, California, ModelFit, Covent, London, Riverdale, New Jersey, Pasterino, Italy, Kenya, Naboisho, Nashville, San Diego, New York City, shuttering, Ann Arbor , Michigan, ThreeForm, Angeles, Malibu
Trump 2.0 could be bad news for global inflation, analysts say
  + stars: | 2024-07-16 | by ( ) www.cnbc.com   time to read: +3 min
Brendan Smialowski | Afp | Getty ImagesA second presidential term for former President Donald Trump could reignite global inflation as his America-first policies drive up costs across the world, analysts warned. "The level of inflation is higher, inflation expectations are higher, and we're still in this inflation mindset." A recent poll of economists suggested, however, that the majority see inflation ticking higher under Trump due to his hard-line protectionist stance. watch nowThat higher inflation could spill over into Asia, too, Nomura's Gareth Nicholson said in a note to CNBC. In Europe, Goldman Sachs predicted in a Friday note that a Trump presidency could add a 0.1 percentage point increase to inflation as higher tariffs weigh on global trade.
Persons: Donald Trump, Brendan Smialowski, Michael Metcalfe, CNBC's, we're, Joe Biden, Trump, Nomura's Gareth Nicholson, Goldman Sachs, Manulife's Marc Franklin Organizations: Republican, Convention, Afp, Getty, Street Global Markets, Trump, Biden, CNBC, Republican National Convention Locations: Milwaukee , Wisconsin, America, U.S, Asia, Europe, China, Milwaukee, Pennsylvania
REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights New Tab , opens new tabJuly 13 (Reuters) - OpenAI whistleblowers have filed a complaint with the U.S. Securities and Exchange Commission, calling for an investigation over the artificial intelligence company's allegedly restrictive non-disclosure agreements, according to a letter seen by Reuters. The AI company allegedly made employees sign agreements that required them to waive their federal rights to whistleblower compensation, according to the letter. The whistleblowers requested the SEC to fine OpenAI for each improper agreement made to the extent the agency deemed appropriate. The whistleblowers alleged that OpenAI issued overly restrictive employment, severance and non-disclosure agreements to its employees, which could have led to penalties against workers who raised concerns about OpenAI to federal authorities. The letter also asked the SEC to require OpenAI to produce every contract that contained a non-disclosure agreement, including employment agreements, severance agreements and investor agreements for inspection.
Persons: Dado Ruvic, Sen, Chuck Grassley, OpenAI, Grassley, Sam Altman, Chandni Shah, Jonathan Landay, Franklin Paul, Diane Craft Organizations: REUTERS, U.S . Securities, Exchange Commission, Reuters, SEC, Washington Post, Security, Thomson Locations: Bengaluru, Washington
Most people don’t use mail the way they used to – if they send out mail at all. And, most of all, businesses still depend on the mail to help them reach customers and keep the economy going. A history older than AmericaThe postal service and the United States have grown side by side since before the country’s birth – quite literally. The band The Postal Service was an indie-pop darling near the turn of the century. While stamp prices have doubled in that time, most experts point the finger at technology instead.
Persons: , Michael Plunkett, Benjamin Franklin, Alexis de Tocqueville, “ Alexander M, , Santa Claus, Cliff, Newman, , David Brin, Kevin Costner, ” Plunkett, Kevin Kosar, that’s, Plunkett, Sackler, ” ‘, doesn’t, Louis DeJoy, Kyle Grillot, Michael Kubayanda, Mark Dimondstein, ” Kubayanda Organizations: New, New York CNN, US Postal Service, Association for Postal Commerce, Boston Post, United States, Smithsonian Magazine, Getty, New York City, Postal Service, Post, ” Workers, Service, American Enterprise Institute, , , Coalition, Century Postal Service, USPS, American Postal Workers Union Locations: New York, United States, Boston, United, Britain, France, Siren , Wisconsin, City, Los Angeles, AFP
Stop & Shop is closing 32 locations. Here’s where
  + stars: | 2024-07-12 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +3 min
New York CNN —Stop & Shop is closing 32 underperforming grocery stores across the US northeast as part of the company’s efforts to improve its financial performance. Shoppers are also being squeezed by higher prices at the grocery store, with food prices experiencing modest upticks last month, according to the newest inflation report. Ahold Delhaize, the chain’s Dutch parent company, revealed the locations Friday adding that they will close in early November. Stop & Shop said it “remains committed to serving its communities through other store locations, online shopping and home delivery services.” Employees impacted by the closures will be offered other opportunities in the company. In addition to operating Stop & Shop, Ahold Delhaize owns Food Lion and Giant grocery stores in the US.
Persons: , Gordon Reid, Ahold Delhaize, Albertson’s, , Delhaize, Newton, Jackson, Johnston, Pittman Organizations: New, New York CNN, Aldi, Kroger, Federal Trade Commission, ” Employees, Food, Here’s, St, Stamford, Plymouth St, Needham St, Highway, Boston Turnpike, Cooley St, Paterson, Edison, Howell, Phillipsburg, Fulton, Sanford, West Haverstraw Rhode, Pittman St Locations: New York, Dutch, New Jersey, Massachusetts, Connecticut, Rhode Island, Ansonia, Danbury, Bridgeport, Milford, High, Torrington Massachusetts, North Montello St, Brockton, Plymouth, Halifax, Needham, St, Pembroke, Raynham, Shrewsbury, Cooley, Springfield, Lincoln St . Worcester New Jersey, Franklin Township, County, Piscataway, Richmond, Pleasant Beach, Ringwood New York, Brooklyn, Hempstead Turnpike, East, ., Hempstead, Mt, Vernon, West Haverstraw, Providence, Eastside
President Biden on Friday told a Democratic lawmaker who called for him to step aside that voters should “touch me, poke me, ask me questions” if they have doubts about his ability to serve in the Oval Office or defeat former President Donald J. Trump in November. Mr. Biden made the remarks during a virtual meeting with the Congressional Hispanic Caucus, according to a partial transcript of the exchange obtained by The New York Times. He was responding to Representative Mike Levin of California, who told Mr. Biden during the meeting that he believed the president should not continue his bid for another term, according to two people familiar with the call. They spoke on condition of anonymity because they were not authorized to discuss it. “That’s why I’m going out and letting people touch me, poke me, ask me questions,” Mr. Biden told Mr. Levin.
Persons: Biden, Donald J, Trump, Mr, Mike Levin of, Levin, Biden’s, , ” Mr, , Franklin Roosevelt, Organizations: Democratic, Congressional Hispanic Caucus, The New York Times, Mike Levin of California
The IMF said in the report that emerging markets have seen a decline in the more volatile net portfolio inflows, but net inflows of foreign direct investment (FDI) has been more stable. At the same time, the report said that China saw net capital outflows over the 2022-2023 period, including net negative FDI inflows. Overall, global gross capital inflows declined to 4.4% of global GDP, or $4.2 trillion, in the 2022-2023 period, from 5.8 percent of global GDP, or $4.5 trillion, in 2017-2019. But the U.S. benefited strongly from the shifts, accounting for 41% of global gross inflows during the 2022-2023 period, nearly double its 23% share in 2017-2019. The U.S. share of global gross outflows also increased, to 21% from 14% during the same periods.
Persons: Christine Lagarde, Nicolas Dujovne, Yuri Gripas, David Lawder, Franklin Paul, Alistair Bell Organizations: Monetary Fund, Argentine, REUTERS, China, IMF, Thomson Locations: Washington , U.S, WASHINGTON, China, U.S
The U.S. Court of Appeals for the District of Columbia rejected a legal challenge from DISH Network (DISH.MX) New Tab , opens new tab and an environmental group composed of amateur astronomers and dark-sky enthusiasts. The court in 2022 rejected a separate challenge to SpaceX's plan to deploy satellites at a lower Earth orbit than planned. In late 2022, the FCC approved SpaceX's request to deploy up to 7,500 satellites after the commission in 2018 approved SpaceX plans to deploy up to 4,425 first-generation satellites. The three-judge panel said the FCC "decision to license SpaceX’s Gen2 Starlink satellites was lawful and reasonable." New Tab , opens new tab
Persons: Veronica Gabriela Cardenas, Elon Musk's, Jessica Rosenworcel, David Shepardson, Franklin Paul, Diane Craft Organizations: SpaceX, REUTERS, Federal Communications Commission, U.S, Appeals, District of Columbia, FCC, Elon Musk's SpaceX, Opportunity Fund, Thomson Locations: Brownsville , Texas, U.S, WASHINGTON
Opinion | James Carville’s Plan B for a Democratic Nominee
  + stars: | 2024-07-11 | by ( ) www.nytimes.com   time to read: +1 min
To the Editor:Re “Biden Won’t Win. Democrats Must Have a Plan. Lamont WiltseeCarmel Valley, Calif.To the Editor:James Carville makes one structural mistake in his piece calling for four town halls around the country. President Biden should be invited to be one of the participants and compete on an even footing with the other candidates. His proposed nominee plan is a waste of campaign time better used to hammer away at the defects and danger of a Donald Trump presidency.
Persons: Re “ Biden, Win, James Carville, Carville, Bill Clinton, Barack Obama, , Lamont, Biden, Mr, Keith Liggett, Franklin D, Roosevelt, Donald Trump Organizations: Democratic Party Locations: Chicago, Carmel Valley, Calif, Keith Liggett Silverton, British Columbia
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