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☆ Social Security's retirement trust fund may run out in nine years. Here's how the next U.S. president may address that
▼ + stars: | 2024-10-19 | by ( Lorie Konish | ) www.cnbc.com time to read: +7 min

As more retirees start to claim Social Security, there are not enough workers contributing to the program to make up for that increase in benefit payments. But the trust fund Social Security relies on to pay retirement benefits is projected to be depleted in 2033. watch nowBoth presidential candidates — former president Trump and Vice President Harris — have vowed to protect Social Security benefits. "Seniors should not pay tax on Social Security," Trump wrote on July 31 in all capital letters on social media platform Truth Social. Ending taxes on Social Security benefits would move the insolvency date of Social Security's trust fund closer by over one year, according to the Committee for a Responsible Federal Budget.

Persons: Donald Trump, Kamala Harris, Allison Joyce, —, Donald Trump —, Trump, Harris —, Jason Fichtner, Mike Blake, Howard Gleckman, Gleckman, Harris, Kevin Lamarque, Joe Biden, Biden, Governor Walz, Mia Ehrenberg Organizations: Art House Theatre, Bloomberg, Getty, Social Security Administration, Democratic, Republican, Social, Social Security, CNBC, Center, Alliance, Lifetime, Income, Trump, Reuters, ABC, Finance, Urban, Brookings Tax, Brookings, U.S, Union, Employers, Center for Economic, Research, Washington Democrats Locations: Fayetteville , North Carolina, Coachella , California, U.S, Detroit , Michigan

☆ Trump vows to deport millions. Builders say it would drain their crews and drive up home costs
▼ + stars: | 2024-10-19 | by ( Jing Feng | Nicole Acevedo | ) www.cnbc.com time to read: +5 min

"It would be detrimental to the construction industry and our labor supply and exacerbate our housing affordability problems," said Jim Tobin, CEO of the National Association of Home Builders. Brent Taylor President of Taylor Construction Group, Tampa, Fla.Nearly 11 million undocumented immigrants were living in the U.S. as of 2022, the latest federal data shows, down from an 11.8 million peak in 2007. The labor pool is tight already, with the U.S. construction industry still looking to fill 370,000 open positions, according to federal data. 'The math is just not there'There is evidence that foreign-born construction workers help keep the housing market in check. Undocumented workers would likely flee ahead of any national deportation effort, Hetrick said, even though many have been in the U.S. for well over a decade.

Persons: Mike Blake, Donald Trump's, Jim Tobin, Brent Taylor, Taylor, couldn’t, Stan Marek, Marek, Tobin, George W, Ron Hetrick, Hetrick Organizations: Reuters, National Association of Home Builders, Taylor Construction Group, Pew Research Center, NBC News . Industry, Sun, Companies, Bush Institute and Southern Methodist University, U.S Locations: Menifee , California, Tampa, Fla, U.S, Florida, Texas, Raleigh, Nashville, Houston, San Antonio

☆ When campaign and football season collide: Harris and Trump battle for sports fans: From the Politics Desk
▼ + stars: | 2024-10-18 | by ( The Politics Desk | ) www.nbcnews.com time to read: +9 min

Hey sports fans: Harris and Trump want your voteBy Adam WollnerOctober is a sports fan's paradise. Rebecca Shabad and Peter Alexander report that Harris’ campaign launched ads Friday that will appear on websites dealing with sports news, sports betting, fantasy sports and video games, including DraftKings, Yahoo Sports and IGN. And the Harris campaign said it’s placing ads on sports talk radio and is taking advantage of major NFL, MLB and college football games. The ads end with the tag line: “Kamala is for they/them; President Trump is for you.”These efforts come amid the backdrop of a massive gender gap between the two candidates. The latest national NBC News poll shows Harris leading among women by a 14-point margin (55%-41%), while Trump is ahead with men by 16 points (56%-40%).

Persons: Adam Wollner, Kamala Harris, Donald Trump, Kristen Welker, ”, Harris, Trump, It’s, Rebecca Shabad, Peter Alexander, Magic Johnson, Ben Stiller, ’ ” Tim Walz, Rich, Jonathan Allen, Allan Smith, Olympia Sonnier, Ben Kamisar, Kamala, Joe Biden, won’t, don’t, Mike Pence, ” Harris, “, Sen, Lindsey Graham, Josh Shapiro, alo, lea Organizations: NBC, White House, Capitol, MLB, NHL, NBA, Yahoo Sports, IGN, “, Minnesota Vikings, NFL, NBC News, Voters, Republicans, House, Fox News, Pennsylvania Democratic Gov Locations: Michigan

LAS VEGAS — GOP candidate Sam Brown spent Thursday’s Nevada Senate debate taking shots at Democratic Sen. Jacky Rosen, as he still faces a polling deficit with Election Day creeping nearer. In contrast, Rosen spent the evening focusing largely on her own track record and roots in Nevada, hoping to stay above the fray and ride her polling lead. “It’s interesting that Senator Rosen would mention a desire to want to fine greedy corporations,” said Brown. And when moderators asked Rosen and Brown if Congress should do an independent investigation into UFOs, Rosen answered the question. Fearing that such rights could be undone in the future, reproductive rights advocates garnered enough signatures this summer to put on the ballot a measure to enshrine abortion rights into their state’s constitution.

Persons: Sam Brown, Democratic Sen, Jacky Rosen, Brown, Rosen, ”, ” “, “, Donald Trump’s, “ I’m, ” Brown, she’s, That’s, Amy Brown, “ Nevadans, I’ve Organizations: VEGAS, GOP, Thursday’s, Democratic, Nevadans, Senate, NBC News, Las Locations: Thursday’s Nevada, Washington ,, Nevada, Texas

☆ The government is getting fed up with ransomware payments fueling endless cycle of cyberattacks
▼ + stars: | 2024-10-18 | by ( Barbara Booth | ) www.cnbc.com time to read: +7 min

Zeroing in on cyber insurance as a key area for reform comes as the U.S. government scrambles to find ways to disrupt ransomware networks. For many organizations, deciding whether to pay a ransom is a difficult and urgent decision. The hacker group allegedly demanded a ransom to return the stolen data, though it remains unclear whether NPD paid it. Darren Williams, founder of BlackFog, a cybersecurity firm that specializes in ransomware prevention and cyber warfare, is firmly against paying ransoms. UnitedHealth Group experienced this firsthand after its subsidiary, Change Healthcare, was hit by the ALPHV/BlackCat ransom group in April 2023.

Persons: Anne Neuberger, James S, Ann Neuberger, scrambles, Paul Underwood, Underwood, Bryan Hornung, Hornung, I've, they'd, —, Ransom, LVHN, Darren Williams, BlackCat, LoanDepot Organizations: Brady, White, Washington , D.C, National Intelligence, FBI, Xact IT, Social, Lehigh Valley Health, Federal Trade Commission, NPD, Jerico, UnitedHealth Group, Change, Healthcare, LoanDepot Locations: Washington ,, what's, Pennsylvania, U.S

☆ Here's what Wall Street money managers are doing to prepare their portfolios for their 3 biggest election concerns
▼ + stars: | 2024-10-18 | by ( Christine Ji | ) www.businessinsider.com time to read: +6 min

As election day draws near, 400 Wall Street money managers identified their top concerns. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Policy initiatives could have a significant impact on the economy, especially on issues concerning inflation, the housing market, employment, and international trade. Investors can benefit from both parties: Republicans would likely pass investor-friendly tax and energy policy, while Democrats would pass more favorable US-China and trade policy. AdvertisementHere's what Wall Street is worried about this election cycle and how top money managers are preparing their portfolios for November.

Persons: —, Kamala Harris, Donald Trump, PGIM, Wall, Kara Murphy, –, isn't, Murphy, Trump, Harris, we've Organizations: Service, Republican, White House, Congress, Investors, Kestra Investment Management, Social Security, Biden, Research, Senate, Democrat Locations: China, Latin America, Southeast Asia, deglobalization

☆ China needs stimulus with 'beautiful deleveraging' to avoid debt crisis, says Ray Dalio
▼ + stars: | 2024-10-18 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

Ray Dalio, billionaire and founder of Bridgewater Associates LP, during a Bloomberg Television interview in New York US, on Wednesday, April 3, 2024. Blue | Bloomberg | Getty ImagesChina must employ a "beautiful deleveraging" in addition to its recent stimulus measures in order to avoid a debt crisis, said Bridgewater Associates founder Ray Dalio at a conference on Friday The billionaire investor defines a "beautiful deleveraging" as a balanced approach to deficits that utilizes debt restructuring along with the printing of money and debt monetization. "That's the real interesting question of China, in terms of how it's approaching its debt issue," Dalio said, speaking at the FutureChina Global Forum in Singapore. Since the end of September, Beijing has announced several waves of stimulus and reform measures aimed at boosting its economy. "I think the changes that are taking place are terrific changes, but you still have to do the debt restructuring," Dalio said.

Persons: Ray Dalio, Victor J, Dalio, That's Organizations: Bridgewater Associates, Bloomberg Television, Blue, Bloomberg, Getty Locations: New York, China, Singapore, Beijing

Trump was shot in the ear, one rallygoer was killed and two others were wounded before a Secret Service countersniper shot and killed the 20-year-old gunman. “We’ll continue to work with the department to look at those recommendations that are actionable and feasible to make changes in the Secret Service,” he said. He told NBC News that applications to join the Secret Service were up, with 400 people currently in various stages of training. Earlier this week, the two men who were wounded by the gunfire at the July rally told NBC News that the Secret Service failed them that day. A Secret Service agent spotted him and opened fire before Routh, 58, had Trump in his sights.

Persons: Donald Trump, Ronald Rowe Jr, Lester Holt, ” Rowe, ”, Trump, rallygoer, Rowe, “ We’ll, Kimberly Cheatle, skewered, Joe Raedle, David Dutch, “, Ryan Wesley Routh, Routh, ” “ Organizations: Secret Service, NBC News, Secret, NBC, Service, Officials, Trump Locations: Butler , Pennsylvania, West Palm Beach, Fla, West Palm Beach , Florida

An independent, bipartisan review identified “numerous mistakes” by the U.S. Secret Service and “specific failures and breakdowns” that enabled the assassination attempt that injured former President Donald Trump in Butler, Pennsylvania, in July. “The Secret Service as an agency requires fundamental reform to carry out its mission," the members added. "Without that reform, the Independent Review Panel believes another Butler can and will happen again.”The Secret Service did not immediately respond to a request for comment on the review. “The increasing demand placed on the agency during this dynamic threat environment has resulted in our people being pushed to the limit,” said Anthony Guglielmi, chief of communications for the Secret Service. The group said it identified “deep flaws in the Secret Service, including some that appear to be systemic or cultural,” including a “lack of critical thinking among Secret Service personnel” and agents’ unwillingness to “speak up” regarding potential threats.

Persons: Donald Trump, ”, Alejandro Mayorkas, Butler, “, Anthony Guglielmi, Trump, Thomas Matthew Crooks, Crooks Organizations: U.S, Secret, Homeland, Service, NBC News, Trump, Trump Campaign, Trump’s Locations: Butler , Pennsylvania, Butler, Iran, Pennsylvania

☆ 60,000 student-loan borrowers in public service are getting $4.5 billion in debt cancellation while Biden's broader relief remains blocked in court
▼ + stars: | 2024-10-17 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Biden announced an additional $4.5 billion in student-debt cancellation for 60,000 borrowers in public service. It's a result of fixes to the Public Service Loan Forgiveness program over the past few years. At the same time, Biden's broader student-debt relief plans remain stalled in court. AdvertisementAnother batch of student-loan borrowers in public service has been approved for billions of dollars in debt relief. According to the White House, this brings the number of borrowers approved for debt relief through PSLF to 1 million under the Biden administration.

Persons: Biden, —, Joe Biden, Harris, Miguel Cardona, Trump, Biden's Organizations: Public, Service, Education Department, White, GOP, Higher, Republican Locations: It's, PSLF

☆ China must reform pensions and support property sector if consumer confidence is to return, says IMF MD
▼ + stars: | 2024-10-17 | 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 EmailChina must reform pensions and support property sector if consumer confidence is to return, says IMF MDKristalina Georgieva, managing director of the IMF, discusses Chinese fiscal policy, and explains what measures the IMF believe can be introduced to stimulate economic growth.

Organizations: China

The Nebraska Supreme Court ruled that convicted felons who served their sentences are allowed to vote, after the state's top election official sought to keep them from casting ballots ahead of the Nov. 5 election. Nebraska has historically restored the voting rights of former felons two years after they completed the terms of their sentences. While Nebraska is solidly Republican state, it awards an electoral vote to the winner of each of its congressional districts. The Sentencing Project, criminal justice reform advocacy group, estimated that eliminating the waiting period for convicted felons in Nebraska would restore voting rights for 7,000 people. Far more completed their felony sentences more than two years ago, too, and were affected by the state officials prohibition on their voter registration.

Persons: Mike Hilgers, Robert Evnen Organizations: Nebraska Supreme, Nebraska, Republican Locations: Nebraska, Nebraska's, L.B, While Nebraska, Omaha

☆ It looks like the glory days of luxury are over for LVMH, at least for now
▼ + stars: | 2024-10-16 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

LVMH reported a 3% decline in sales in its most recent quarter. The drop is driven by decreased demand from Chinese consumers, affecting luxury sales. AdvertisementFrench luxury conglomerate LVMH, the world's largest luxury company, reported a 3% year-on-year decline in sales in its most recent quarter. On Wednesday, LVMH shares fell by nearly 7% in early trading, driven by waning demand from Chinese consumers, who were once key spenders of European luxury goods. Some Chinese luxury consumers have been flocking to Japan to take advantage of lower prices caused by the country's currency downturn.

Persons: LVMH, —, Louis Vuitton, Christian Dior —, lockdowns, Jean, Jacques Guiony Organizations: Service, Louis, National Development, Reform Commission Locations: Beijing, China, Covid, Asia, Japan, United States, Europe

There is no indication that the officers knew McAlpin was deaf or had cerebral palsy before his arrest. Harris’ body camera video shows him attempting to arrest McAlpin within seconds of exiting his vehicle. Harris tells Sue, “I think I broke my hand” and Harris says McAlpin had bitten him, the body camera video shows. Much of the interaction is captured on Harris’ body camera. McAlpin's wife arrives on the scene minutes later and tells the officers that he is deaf and has cerebral palsy, the body camera video shows.

Persons: Tyron McAlpin, Benjamin Harris, Kyle Sue, Jesse Showalter, McAlpin, Rachel Mitchell, Mitchell, ”, “, Harris, Sue, McAlpin didn’t, McAlpin’s, McAlpin “, Harris ’, “ Tase, Harris Tases McAlpin, Showalter, they’ll, “ Tyron, Andre Miller Organizations: Phoenix, Phoenix Police Department, Justice Department, Maricopa County Attorney’s Office, NBC News, Indian, NBC, Professional, The Arizona NAACP, Arizona State Conference NAACP Locations: Maricopa County, ”

☆ Hakeem Jeffries pitches calm governance over chaos as Democrats seek the House majority
▼ + stars: | 2024-10-15 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ali-Vitali-Circle-Byline-Template.Jpg | Ali Vitali | ) www.nbcnews.com time to read: +7 min

ALBUQUERQUE, N.M. — The way Leader Hakeem Jeffries sees it, House Democrats haven’t held the majority this Congress — but they’ve governed as if they did. Jeffries is hoping to win back the House majority with twin messages of “people over politics” and a promise to curb the chaos of the House GOP. And while he said that House Democrats will strive to work with “traditional Republican colleagues on any issue, whenever and wherever possible,” he sees Trump as different. What Democrats would doAs speaker, Jeffries would be responsible for setting the House’s agenda for the first time in his career. His predecessor, Pelosi, led House Democrats for 20 years both as the minority leader and as speaker.

Persons: Hakeem Jeffries, Democrats haven’t, we’ve, Jeffries, ”, Nancy Pelosi speakership, Katherine Clark of, Pete Aguilar, Gabe Vasquez, —, Anna Padilla, Susan Wild, Kevin McCarthy, ” Jeffries, he’s, Kamala Harris, it’s, Trump, Donald Trump, MAGA, Mike Johnson, Pelosi, he'll, Harris, Harris ’, Roe, Wade Organizations: Democrats, House Democratic, NBC News, GOP, Democratic, Congressional District, Republican, Bloomberg, Getty, Brooklyn, “, MAGA Republicans, Child Tax, House Democratic Caucus Locations: ALBUQUERQUE, N.M, Jeffries, Katherine Clark of Massachusetts, Pete Aguilar of California, New York, California, Albuquerque , New Mexico, Vasquez, New Mexico, Pennsylvania, United States of America

☆ Structural reform in China 'is not going to come,' analyst says
▼ + stars: | 2024-10-15 | 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 EmailStructural reform in China 'is not going to come,' analyst saysArthur Kroeber, founding partner and head of research at Gavekal, says China is "doing just enough to support growth at roughly the current level or somewhere higher."

Persons: Arthur Kroeber Locations: China

☆ Goldman Sachs raises China growth outlook on optimism over Beijing's fresh push to revive struggling economy
▼ + stars: | 2024-10-14 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Goldman Sachs analysts upgraded their growth forecast for China from 4.7% to 4.9% for this year. AdvertisementChina may not fall too short of its growth targets this year after all, Goldman Sachs analysts said. The analysts also upgraded their growth forecast for next year, from 4.3% to 4.7%. Advertisement"The '3D' challenges - deteriorating demographics, a multi-year debt deleveraging trend, and the global supply chain de-risking push are unlikely to be reversed by the latest round of policy easing," they added. China's recent stimulus pushes have aimed to prop up its weak economy, which has been plagued by a struggling property sector and weak domestic demand.

Persons: Goldman Sachs, —, Goldman, China's Organizations: Service, Ministry of Finance, National Development, Reform Locations: China, Beijing

☆ Ramses and Marissa hit a roadblock over their sex life on 'Love Is Blind.' Here's what we know about their relationship status.
▼ + stars: | 2024-10-14 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +7 min

Ramses and Marissa are one of the engaged couples featured on "Love Is Blind" season seven. Ramses and Marissa's discussion also has significant reach: Seasons of "Love Is Blind" are viewed by millions of people, per Netflix's own engagement numbers. Here's what we know about where Ramses and Marissa's relationship stands now. While her siblings approve of the couple, Marissa's mom is skeptical and strongly urges the couple to get a prenuptial agreement out of concern for Marissa's future assets. Right now, both Marissa and Ramses are posting fondly about their time on "Love Is Blind" on social media.

Persons: Ramses, Marissa, —, Kathryn VanArendonk, Bohdan, hasn't, Marissa doesn't, I'm, — Bohdan Organizations: Service, United States, Netflix Locations: Mexico, Instagram

The inmate’s attorneys call that a misdiagnosis – and also discredit shaken baby syndrome on its face, despite broad consensus among pediatricians it is legitimate. The shaken baby syndrome diagnosis from doctors and nurses, their emotional response to Nikki’s condition and Roberson’s odd reaction all stacked against the then-suspect, said Wharton. “There really is not a controversy in medicine about the existence of abusive head trauma. Just this month, the Texas Court of Criminal Appeals ordered a new trial for a man sentenced to 35 years in prison after being convicted of injury to a child in a case that also relied on a shaken baby syndrome argument. Without shaken baby syndrome, he said, “there’s nothing that’s chargeable here.

Persons: West, Robert Roberson, Nikki Curtis, Roberson, Nikki, ” Roberson, John Grisham, Brian Wharton, Wharton, ”, “, Robert, pediatricians, Dr, Lee Savio Beers, Sandeep Narang, ” Narang, They’ve, Greg Abbott, Nikki Curtis Roberson, ’, Nikki’s, Janet Squires, Squires, ” Squires, Narang, Roberson’s, –, Larry Bowman, Nikki –, ‘, Sciences –, Kate Judson, it’s, ” Dr, Antoinette Laskey, Laskey, he’ll, he’s, I’ll, “ Unforgiveness, he's, Ashley Killough, CNN Wharton, Gretchen Sween, ” Wharton, We’re, LaMotte, Stephanie Becker Organizations: West Livingston CNN, CNN, American Academy of Pediatrics, US Centers for Disease Control, CDC, American Association of Pediatrics, AP, US Army, National Registry, Appeals, SBS, Board, Republican Gov, Integrity, Sciences, American Academy of Pediatrics ’, Child, Texas Department, Criminal, New York Times Locations: West Livingston CNN — Texas, Texas, United States, Roberson’s, Palestine , Texas, ”, Livingston , Texas, Anderson County, Dallas

In this 2004 photo, then-District Attorney Kamala Harris waits for a proceeding to convene in San Francisco. The long-standing problem of racial inequities in the criminal justice system is among the issues that prompted Harris to become a prosecutor in the first place. “I grew up knowing about the disparities, inequities, and unfairness in the criminal justice system,” Harris said during a 2019 town hall hosted by MSNBC. And I am proud of the work that I did.”As a prosecutor, Harris adopted what she called a “smart on crime” approach to law enforcement. Her cautious stance on the issue frustrated many advocates of criminal justice reform, including those who expressed support for Harris on other issues.

Persons: Kamala Harris, Democratic Sen, Dianne Feinstein, Harris, ”, Paul Chinn, ” Harris, “, Michael Brown, George Floyd, –, Sen, JD Vance, Harris ’, Brendon Woods, —, ” Woods, Tim Walz, CNN’s Dana, Will Lanzoni, James Singer, Walz, truancy, Ayman Haddadin, Alice, Haddadin, Connor Haddadin, Alice Haddadin, Brown, Damian Dovarganes, Bryce Peterson, “ You’re, they’re, Kevin McCarty, hasn’t, ” McCarty, Tom Tait, ” Tait, McCarty Organizations: CNN, Democratic, San Francisco Chronicle, California Department of Justice, California’s, Minnesota Gov, MSNBC, San Francisco’s Commonwealth Club, truancy, Orange, Orange County District, Department of Justice, Golden State, John Jay College of Criminal, Legislative Black Caucus, Los Angeles Times, Anaheim Police Department, Senate Locations: San Francisco, California, Ferguson , Missouri, Minneapolis, Oakland , California, Minnesota, Savannah , Georgia, United States, Orange County, Los Angeles, Los, Golden, Sacramento, Anaheim, Floyd

But the measures that Beijing’s economic planning agency announced this week proved to be an anticlimax — the trillions of yuan that observers were hoping would be revealed never materialized. Beijing might even miss its annual growth target of 5% — a figure it often surpassed prior to the pandemic. But while Chinese officials project confidence, the markets and the country’s public seem less convinced. Its broader financial lethargy and this week’s market turmoil will hardly be welcomed by Beijing. Costphoto / NurPhoto via Getty ImagesDomestic stimulus aside, there have been outward signs that China’s economy is in trouble.

Persons: Xi Jinping, Long Wei, ”, Keyu Jin, Trump, Joe Biden, isn’t, Fu, Miao Yuqing, Miao, Alicia Garcia, Herrero, what’s, Zheng Shanjie, Yue Su, ” Su Organizations: Beijing, Traders, Investors, CSI, Getty Images, London School of Economics, The, Communist Party, U.S, AFP, Getty, “, Asia Pacific, ”, National, Reform, Economist Intelligence Unit Locations: BEIJING, Shanghai, Hong Kong, China, Beijing, Hangzhou, Long, Lianyungang, Natixis, Guizhou province, Washington

☆ Chinese finance minister hints at increasing the deficit at highly anticipated briefing
▼ + stars: | 2024-10-12 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +2 min

BEIJING — China's Minister of Finance Lan Fo'an told reporters Saturday during a press briefing that the central government has room to increase debt and the deficit. Economists have said China needs additional fiscal support, but Beijing has yet to announce any. He did not name specific figures and noted supporting real estate required multiple policies. In a meeting in late September, led by Chinese President Xi Jinping, authorities had called for strengthening monetary and fiscal policy support. China's retail sales grew only modestly over the last few months, and the country's real estate slump has shown few signs of turning around.

Persons: Lan Fo'an, Zheng Shanjie, Pan Gongsheng, Finance Lan Fo'an, Lan, Finance Liao Min, Xi Jinping, Ting Lu Organizations: National Development, Reform Commission, People's Bank of China, National People's Congress, BEIJING —, Finance, Nomura, National Bureau, Statistics Locations: Beijing, China, BEIJING

☆ China economy: Beijing will ‘significantly’ increase spending
▼ + stars: | 2024-10-11 | by ( ) edition.cnn.com time to read: +4 min

Beijing Reuters —China will “significantly increase” government debt issuance to offer subsidies to people with low incomes, support the property market and replenish state banks’ capital as it pushes to revive sputtering economic growth. “There is still relatively big room for China to issue debt,” he said. Reuters reported last month that China plans to issue special sovereign bonds worth about 2 trillion yuan ($284.43 billion) this year as part of fresh fiscal stimulus. Separately, Bloomberg News reported that China is also considering injecting up to 1 trillion yuan ($142 billion) of capital into its biggest state banks to increase their capacity to support the economy, primarily by issuing new sovereign bonds. Swedish furniture retailer Ikea, whose 39 stores in China have felt the spillovers from the property crisis, urged Beijing on Thursday to deploy further stimulus.

Persons: Lan Foan, ”, Zheng Shanjie, “, Lan Organizations: Beijing Reuters, Finance, National Development, Reform Commission, Communist Party’s, Reuters, Bloomberg News, Local, Investment, Ikea Locations: Beijing, China, China’s, Swedish

Why Nevada Latinos Are Losing Faith in GovernmentLas Vegas is best known for its glittering casinos along the Strip, but it is also a perennial political battleground. Much of that growth comes from Hispanic voters, who make up more than 20 percent of the Nevada electorate. Scroll to play video Muted Jonathan Ocampos Jonathan Ocampos Etelvina Zamora-Esquivel Etelvina Zamora-Esquivel Vanessa Martinez Vanessa Martinez Alfonso N. Lopez Alfonso N. Lopez Vanessa Martinez Vanessa Martinez Alfonso N. Lopez Alfonso N. Lopez Jonathan Ocampos Jonathan Ocampos “Buying a house. Livier Maxwell “Things were better for me when he was in office, I had more money in the bank,” she said. Scroll to play video Muted Vanessa Martinez Vanessa Martinez Jonathan Ocampos Jonathan Ocampos Alfonso N. Lopez Alfonso N. Lopez Livier Maxwell Livier Maxwell Marco Hernandez Marco Hernandez Livier Maxwell Livier Maxwell Jonathan Ocampos Jonathan Ocampos Rafael Cerros Jr. Rafael Cerros Jr. Marco Hernandez Marco Hernandez Jonathan Ocampos Jonathan Ocampos Alfonso N. Lopez Alfonso N. Lopez “As a Latina, “As a Latina, I feel like I should be more offended by the way, I feel like I should be more offended by the way, Trump speaks about immigrants coming over.

☆ These female rabbis have thoughts on how their profession - and Jewish culture - is portrayed on ‘Nobody Wants This’
▼ + stars: | 2024-10-11 | by ( Dan Heching | Alli Rosenbloom | ) edition.cnn.com time to read: +7 min

The very last moment sees various onlookers at the synagogue – including veteran actor Feldshuh – looking agog as Noah greets Joanne warmly. That moment, along with others, prompted reaction about how certain Jewish themes and tropes were handled in the series. For Rabbi Amanda Greene, a senior rabbi at the reform Chicago Sinai congregation in Chicago, some of it – even the parts that may have seemed somewhat extreme – rang rather true. “There is some truth in that the congregation wants to know what’s going on in the personal life of the rabbi,” she added. All that felt really good to see portrayed on TV.”As the first season of “Nobody Wants This” continues, Noah and Joanne imagine a possible future together.

Persons: Adam Brody, Kristen Bell, ”, – Bell, Joanne, Brody’s Noah, Morgan, Justine Lupe, Sasha, Timothy Simons, Esther, Jackie Tohn, –, Noah’s, Rebecca –, Bina, Noah, Rebecca, Feldshuh –, Feldshuh’s Bina, “, Amanda Greene, ” Greene, it’s, Rabbi Adina Allen, don’t, she’s, Rabbi Greene, She’s, Leslie Grossman, Esther “, Stefania Rosini, Rabbi Allen, Allen, Greene, ” Allen, Netflix Rabbi Greene, he’s Organizations: CNN, Netflix, Chicago Sinai Locations: Angeles, Chicago, Sinai

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