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☆ Two pioneering Black CEOs have a warning for companies abandoning diversity
▼ + stars: | 2024-10-15 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +7 min

But opponents ignore both the history of so-called meritocracy, and the fact that DEI programs benefit business, Frazier and Chenault argue. But they said opponents have weaponized select examples of diversity programs that are not practiced widely to oppose DEI entirely. Brandon Bell/Getty ImagesMeanwhile, conservative legal groups are now filing lawsuits targeting companies’ diversity initiatives, and Republican leaders like Florida Gov. Frazier and Chenault said there was a split between companies that rushed to create diversity programs in the wake of George Floyd’s murder in 2020 and companies that have embedded these programs into their business. “For those companies that had integrated DEI into the way they do business, fundamentally, it’s marbled into the meat, so to speak.

Persons: Ken Frazier, Ken Chenault, Ken Chenault’s, John Deere, Davidson, Bud Light’s, Frazier, ” Frazier, America’s “, Elon, Chenault, Roy Vagelos —, — Frazier, Vagelos, weren’t, Merck, —, ” Chenault, don’t, George Floyd, Brandon Bell, Ron DeSantis, Arkansas Sen, Tom Cotton, Bud Light, Robby Starbuck, Starbuck, George Floyd’s, They’re, ” Organizations: New, New York CNN, America, Merck, Black, American Express, Fortune, CNN, Corporate America, Tractor Supply, Boston Consulting Group, DEI, Revelio Labs, White, ” Companies, McKinsey, Republican, Florida Gov, Disney, Nike, Harley Locations: New York, Philadelphia, America, Arkansas

☆ Pope urged at LGBTQ meeting to reverse church ban on gender-affirming care
▼ + stars: | 2024-10-14 | by ( ) www.nbcnews.com time to read: +3 min

VATICAN CITY — Pope Francis faced calls to overturn the Catholic Church’s ban on gender-affirming care for transgender people on Saturday when he held talks with LGBTQ activists at the Vatican. “I really wanted to share with Pope Francis about the joy that I have being a transgender Catholic person,” Michael Sennett, who took part in the meeting, told Reuters. The meeting “means that the church is coming along, the church is joining the modern era,” she said. Gramick’s work with LGBTQ Catholics has attracted the ire of Vatican and U.S. Catholic officials for decades, including Pope Benedict XVI. But she has developed a correspondence with Francis, who first welcomed her for a meeting at the Vatican last year.

Persons: CITY — Pope Francis, “, Pope Francis, ” Michael Sennett, Sennett, I’ve, ”, Cynthia Herrick, Herrick, ” Francis, Jeannine Gramick, Francis, Pope Benedict XVI Organizations: CITY, Vatican, Reuters, Catholic, Ministry Locations: U.S, Boston, Louis , Missouri, Vatican

Kamala Harris and Donald Trump are in a closely divided campaign for white women. Trump, Harris and the battle for white womenGetty Images; APWhite women helped Trump win in 2020. Dr. Theresa Wheeling had always been a registered Republican and voted for Donald Trump during the 2020 presidential election. ➡️ Authorities are investigating after a man with guns in his vehicle was arrested after he was stopped at a checkpoint near a campaign rally for Donald Trump. ➡️ Donald Trump is ramping up his rhetoric depicting his political rivals and critics as criminals.

Persons: Kamala Harris, Donald Trump, Harris, Theresa Wheeling, Roe, she’s, “, ”, Read, ➡️ Donald Trump, ➡️, ➡️ Kamala Harris ’, Joe Biden, ➡️ Harris, Trump, Daniel Hagari, Jasmine Cui, NFL Brad Penner, Caleb Williams, Greg Rosenstein, 🩹, ⚡, J, mak Organizations: NFL, Trump, Voters, Republican, ” Wheeling, NBC News, GOP, NBC, IDF, Aqsa Martyrs Hospital, Dallas Cowboys, Detroit Lions, Lions, Chicago Bears, Jacksonville Jaguars, ards, Cal, U SC, Wea Locations: Wade, Wheeling, Pennsylvania, North Carolina, Gaza, Al, Aqsa, Deir al, Israel, U.S, 🙌T, 5 s

☆ I've visited over 150 Trader Joe's: 3 reasons the store is so successful
▼ + stars: | 2024-10-13 | by ( Nicolas Vega | ) www.cnbc.com time to read: +4 min

For the better part of the last four years, Julie Averbach has been visiting as many Trader Joe's supermarkets as possible. Averbach visited more than 150 Trader Joe's locations while researching her upcoming book. "At Trader Joe's, the private label products are affordable luxuries." Trader Joe's turns shopping into an experienceShoppers who enter Trader Joe's are met with a display of fresh flowers. By turning each store into an eclectic, interesting place to browse, Trader Joe's encourages shoppers to look around and find something they might like.

Persons: Julie Averbach, She's, I'd, Averbach, Joe's Organizations: Yale, CNBC, Joe's, Shoppers Locations: Boston

☆ What happened Friday hasn't happened in ages. It bodes well for earnings
▼ + stars: | 2024-10-13 | by ( Jim Cramer | ) www.cnbc.com time to read: +9 min

Getting ready for the "two problematic stories," Wells Fargo and JPMorgan , which came later in the morning, took some real digging. ET – Wells Fargo shares turned and started inching up. With what you saw in Wells Fargo and JP Morgan on Friday. Think like this: When the psychology of the market changes, people don't want to bang out of Wells Fargo, they want to get in. But there is no doubt that Wells Fargo at 11 times forward earnings now seems a little silly given that the background is so positive.

Persons: Larry Fink, Wells, Wells Fargo, Charlie Scharf, Jamie Dimon, Jeff Marks, JP Morgan, Scharf, It's, Warren Buffett, Morgan Stanley, Eli Lilly, haven't, Jim Cramer's, Jim Cramer, Jim, Squawk, Virginia Sherwood Organizations: BlackRock, JPMorgan, Wall, Club, Wells Fargo, Elon, SpaceX, Federal, New York Stock Exchange, Fed, Bank of America, Boston, Walmart, Costco, Semiconductors, Enterprise, JFrog, Microsoft, –, Dow, Jim Cramer's Charitable, CNBC Locations: Wells Fargo, NII, U.S

☆ How ‘shoe doping’ changed marathon times forever – in ways we still don’t fully understand
▼ + stars: | 2024-10-12 | by ( Liam Tharme | ) www.nytimes.com time to read: +16 min

This is the story of how the marathon has changed, told by some of the people behind the technological revolution. Marathon running is done individually but succeeds best when athletes work in packs, either with official pacemakers or using each other to share workloads and draft. They put one into a marathon shoe in a 2006 study, got sub-elite athletes to run on treadmills, and found a 1.3 per cent benefit in terms of energy reduction. “We set up at that point (2016), one of the most in-depth and best controlled studies on running shoes. Hoogkamer uses MRI scanners at the University of Massachusetts, which “you can’t really run in.” Some opt for ultrasound devices and others for muscle oxygenation sensors.

Persons: Eliud Kipchoge, Kipchoge, Roger Bannister’s, He’d, Alex Halada, Kelvin Kiptum’s, Paula Radcliffe’s, Tigst Assefa, Peres Jepchirchir, Tim Hutchings, Kenenisa Bekele, Sir Jim Ratcliffe, ”, Maxwell Muttai, Benno Nigg, “, Wouter Hoogkamer, Nike’s, ’, ” Nigg, Hoogkamer isn’t, he’s, it’s, you’re, Marco Tacca, Muttai, They’re, they’re, Nike Vaporfly, Hoogkamer, Liam Tharme, Soh Rui Yong, Molly, “ There’s, Rui Yong, Yong Teck Lim, Soh, “ Asics, Hutchings, —, Mike Marsland Organizations: Breaking2, Getty, London, Research, University of Calgary, Nike, University of Colorado, of Colorado, Athletic, Adidas, University of Massachusetts, New York City Marathon, Sports, Asics, Brands, World Athletics, Formula, Nike Vaporfly Locations: Vienna, Rio de Janeiro, Monza, Nike’s Alphaflys, AFP, Chicago, Berlin, Tokyo, Boston, London, Chicago , New York, supershoes, Paris, Boulder , Colorado, “, Rio

In 2025, millions of retired Americans will see a 2.5% cost-of-living adjustment for benefit payments, according to the Social Security Administration. The Social Security Administration on Oct. 10 unveiled a higher threshold for earnings subject to Social Security payroll taxes, known as the “taxable maximum” or “wage base.”The limit shifts annually based on the national average wage index. How the Social Security tax calculation worksThe Social Security payroll tax rate is 12.4%, with workers paying 6.2% through paycheck deductions. Concerns over Social Security solvencyThe latest Social Security adjustments come amid growing concerns about the program’s solvency. In the meantime, some advocates have pushed to increase the Social Security wage base to provide more funding.

Persons: Sean Lovison, “, Lovison, ’, Alicia Munnell Organizations: Social Security Administration, Social, Social Security, Medicare, Security, Center for Retirement Research, Boston College Locations: Philadelphia

Her case is far from unique, however: Hospitals across the United States have said they’re taking steps to conserve their supply of IV fluids, including postponing or canceling nonemergency surgeries. IV fluids do more than deliver drugs or electrolytes directly into a patient’s bloodstream. On Monday, the AHA urged President Joe Biden to declare a nationwide emergency over the limited supply of IV fluids. She’s been dependent on IV nutrition, which delivers nutrients directly into her bloodstream, for more than eight years. Hannah Hale, in 2016 on her first day home after a long hospitalization, with her TPN, or IV nutrition.

Persons: Yvonne Hemz, Abbott Northwestern, Hurricane Helene, Hemze, hasn’t, ”, They’re, Chris DeRienzo, Joe Biden, Hannah Hale, Baxter, Hale, She’s, “, ” Hale, It’s, won’t, ASPR, Alli Longenhagen, Kabi, they’ve, Paul Biddinger, Brigham, Robert, Robert —, —, I’m Organizations: Baxter International, NBC News, Health, Abbott Northwestern, Allina Health, Gatorade, American Hospital Association, AHA, The New York Times, NBC, Food and Drug Administration, U.S, FDA, Administration, Strategic Preparedness, Department of Health, Human Services, Braun, Mass Locations: Farmington , Minnesota, North Carolina, United States, U.S, Dallas, Canada, China, Ireland, United Kingdom, Hale, Daytona Beach , Florida, Hurricane Milton, Boston, Chicago

☆ He told his mother there was ‘no way’ he’d meet someone in Australia. Then he fell in love at first sight
▼ + stars: | 2024-10-11 | by ( Francesca Street | ) edition.cnn.com time to read: +27 min

“Then, later on, when we left, she was like, ‘Oh, so you like him,’” recalls Wati. “But a week later, we decided to get together on a Saturday, and we spent most of the day together,” recalls Mike. “He’d mail them to me in these little padded envelopes,” recalls Wati. “Eventually, I was able to figure out how to get some credit for doing a paper at Melbourne University in January 1989,” recalls Mike. “She would stay for about a month or a little bit more,” recalls Wati.

Persons: Mike Grossman, Mike “, Mike, ”, There’s, “, —, he’d, I’d, ” Mike, bode, Melbourne’s Monash, Wati, Yanti, Michael, nudging, ’ ”, Wati Grossman, ” Wati, Paul, Gauguin, Andrew Lloyd Webber, I’m, They’d, “ Wati, Khan ’ —, we’re, He’d, who’d, Wati’s, Boston, they’d, Wati —, Kevin Costner’s, we’d, it’s, Wati Grossman —, Levis Strauss, Alex, Talia, Mike’s, Grossman, We’ve, he’s, they’re, we’ve Organizations: CNN, CNN Travel, Harvard Law School, Melbourne’s, National Gallery of Victoria, Star Trek, “, Australian Broadcasting Commission, Facebook, “ Technology, Sony, Radio, Melbourne University, Wati, Washington DC, New, Melbourne Botanic Gardens, Harvard Memorial Church, Harvard Memorial, Fashion Institute of Technology, Levis Strauss and Company Locations: Australia, Melbourne, Boston, California, San Francisco, American, Indonesian Australian, Indonesia, “, Wati, Radio Australia, Christmastime, New York City, Washington, New York, Botanic, United States, Hotel, Sydney, Sydney “, Silicon Valley, In California

☆ We thought Massachusetts was the perfect place to build a life. Boston let us down, but we found peace elsewhere in the state.
▼ + stars: | 2024-10-11 | by ( Jamie Evan Bichelman | ) www.businessinsider.com time to read: +5 min

My long-distance partner and I moved to Massachusetts thinking it was a great place to merge lives. We advanced our careers in Boston but found it to be too expensive and not a great fit for us. The city wasn't what we expected, and we struggled to get used to itBoston had beautiful foliage in the fall but it wasn't enough to make up for our issues with the city. Even our cats, confined to a too-small apartment with views of a similarly run-down building beside us, seemed to feel it: Boston wasn't for us. But by 2021, we knew we had to leave — the two years since our August 2019 move to Boston felt like a decade each.

Persons: —, Gilmore, I'd, we're Organizations: Service, Harvard, Boston, Massachusetts Locations: Massachusetts, Boston, Sudbury, Lake Tahoe, New York, DenisTangneyJr, Yorker, Las Vegas

☆ Elon Musk wants to take humanoid robots mainstream with Optimus. Making them 'the biggest product ever' will be tough.
▼ + stars: | 2024-10-11 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Tesla plans to unleash a new generation of humanoid robots. Related storiesMusk's plans to make humanoid robots mainstream face some tough challenges, however. Before these new iterations were revealed, industry watchers were already predicting explosive growth in the humanoid robotics market. AdvertisementIt is unclear how Musk's Optimus robots will stand out in this fast-growing market and become "the biggest product ever of any kind." Making further improvements to humanoid robots is a tough technical challenge.

Persons: Tesla, Elon Musk, Optimus, Musk, —, Elon, Cybertruck, livestream, Jensen Huang, Huang, Goldman Sachs, Paul Miller, Forrester, Jim Fan, Gene Organizations: Service, Warner Bros, Elon, Tech, Amazon, Oregon State University, Robotics, Nvidia, Star Wars, Hyundai, Boston Dynamics, Deepwater Asset Management, Optimus Locations: Burbank , California

☆ 40 elite colleges are being sued over accusations they colluded to increase tuition by $6,200 — primarily by overcharging divorced parents
▼ + stars: | 2024-10-11 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

The lawsuit claims the schools are factoring in the incomes of divorced parents, even if one of the parents cannot contribute. AdvertisementForty elite colleges are facing legal action over accusations they conspired to raise tuition — primarily by targeting students with divorced parents. According to the lawsuit, considering income of divorced parents raised the average tuition price for students by about $6,200. "Formulas are then used to generate a financial aid offer. Chang, one of the plaintiffs, attended Cornell from 2017 to 2021, and she submitted the CSS profile as part of her financial aid application.

Persons: —, Hagens Berman, Maxwell Hansen, Eileen Chang, Chang, Brown Organizations: Service, Boston University, Cornell University, College Board —, College Board, Columbia University, Ivy League, Cornell, Duke, University of Chicago, Yale Locations: Northwestern

☆ Goldman's favorite trades for the upcoming earnings season
▼ + stars: | 2024-10-11 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

"This rise in nervousness has increased the potential for relief rallies for stocks on their respective earnings events." Analysts expect an earnings growth rate for the S & P 500 of 4.2% in the third quarter, per FactSet data, which would represent a fifth-straight period of year-over-year growth. Here's a look at some of Goldman's top trade ideas heading into earnings season. GAP YTD mountain Gap stock. NVDA YTD mountain Nvidia stock.

Persons: Goldman Sachs, John Marshall, Goldman, Wells Fargo, Brooke Roach, Toshiya Hari, Hari Organizations: JPMorgan Chase, Old Navy, GAP, Nvidia, Broadcom, Boston Scientific

☆ US sting operation catches crypto firms 'wash trading' to boost token values
▼ + stars: | 2024-10-10 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

A tip from the SEC led federal prosecutors to set up a fake company to bust crypto market manipulators. The firms are charged with "wash trading," artificially increasing trade volume to boost token prices. The case marks the first such charges against crypto firms, prosecutors say. The charges are the first in the crypto industry related to "wash trading." The sting charged ZM Quant, CLS Global, and MyTrade with wash trading related to their communications with NexFundAI.

Persons: —, Jodi Cohen, cryptocurrency –, Joshua Levy Organizations: SEC, Service, Securities and Exchange Commission, FBI, CLS Global, NexFundAI, Boston, United Locations: Boston, Saitama

☆ Sanctions have put the production of Russia's most advanced stealth fighter in jeopardy, research group says
▼ + stars: | 2024-10-10 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +5 min

Western sanctions have impacted Russia's production of Su-57 fighter jets, according to a research group. AdvertisementWestern sanctions are threatening Russia's production of its prized Su-57 fighter jet, according to a research group. "It's clear that Russia's military industry heavily depends on Western components, particularly in electronics," it said, adding that sanctions have put Russia's Su-57 production "in jeopardy." "There's no question that Western sanctions are having an impact on Russia's ability to generate its most sophisticated military systems," Spurling told BI. Western sanctions and the war in Ukraine have damaged Russia's economy, but their exact impact is difficult to quantify.

Persons: —, Russia's Su, Bryden Spurling, Spurling, Su, Justin Bronk, Anders Åslund, Alexandra Prokopenko, Putin, Jay Zagorsky Organizations: Frontelligence, Telegraph, Service, EA, RAND Europe, NATO, UK Ministry of Defence, Royal United Services Institute, Project Syndicate, Carnegie, Carnegie Russia Eurasia Center, Financial, Boston University's Questrom School of Business Locations: Russia, Ukraine, Astrakhan, Swedish, Carnegie Russia

☆ Ripple launches crypto storage services for banks in bid to diversify
▼ + stars: | 2024-10-10 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

U.S. blockchain startup Ripple made a major foray into crypto custody on Thursday, launching new services aimed at helping banks and financial technology firms to store digital assets on behalf of clients. The crypto custody market is forecast to reach at least $16 trillion by 2030, according to the Boston Consulting Group. Ripple said that custody is one of the fastest-growing areas for the startup, with Ripple Custody posting customer growth of over 250% year-over-year growth this year and operating in seven countries. Last year, Ripple acquired Metaco, a firm that helps other entities store and manage their crypto, in a bid to boost its nascent crypto custody business. The company this year also acquired Standard Custody & Trust Company, another crypto custody firm, to further bolster its efforts.

Persons: Ripple, Aaron Slettehaugh Organizations: CNBC, Boston Consulting, HSBC, BBVA, Societe Generale, DBS, XRP, Trust Company, U.S . Securities, Exchange Commission, SEC Locations: San Francisco, Swiss

According to the lawsuit, these universities bilked applicants from divorced or separated homes by including the financial backgrounds of noncustodial parents when determining financial aid packages. The universities engaged in “a concerted action” to require that an applicant’s noncustodial parents, meaning the parent a student does not primarily live with, provide their financial information to be eligible for nonfederal financial aid, the lawsuit states. The universities generated financial aid offers based on an applicant’s custodial and noncustodial parents’ financial statuses. The College Board’s push to include noncustodial parents’ financial information began in 2006, the lawsuit says, and never included consideration for whether that parent would contribute to a student’s education. “This lawsuit has no merit and NYU intends to vigorously defend itself and its financial aid policies and procedures,” NYU spokesperson John Beckman said in a statement.

Persons: Brown, Hagens Berman, Steve Berman, ” Berman, ”, John Beckman Organizations: Harvard, Cornell, Dartmouth, Yale, Boston University, Cornell University, Northern, Northern District of Illinois, College Board, “, College Board’s, Financial, Columbia University, The, Board, ” New York University, NBC News, NYU, Georgetown University, Fordham, University of Pennsylvania, NBC Locations: United States, U.S, Northern District, Columbia

☆ Denver Nuggets head coach Michael Malone says he isn’t taking Nikola Jokic’s ‘greatness’ for granted heading into new season
▼ + stars: | 2024-10-09 | by ( Matias Grez | Bijan Hosseini | ) edition.cnn.com time to read: +5 min

CNN —The chance to win an NBA title doesn’t come around very often. Even when they do, injury misfortune can instantly derail a team’s title dream. That’s why Nuggets head coach Michael Malone said he “never” takes Jokić’s “greatness” for granted as the pair attempt to retake their NBA crown. The MVPs, the championship, he’s still the same guy. “You have the highest victory, first franchise championship in 47 years.

Persons: doesn’t, Nikola Jokić, –, Jokić, ”, Michael Malone, “, Ronald Martinez, ” Malone, CNN’s Bijan, I’ve, Nikola, Steph Curry, LeBron James, Russell Westbrook, he’s, He’s, Jaylen Brown, Larry O’Brien, Peter Casey, Westbrook, Dario Šarić, Malone, …, wouldn’t, team’s, Adam Silver, ” Silver, “ We’ve, Joe Dumars –, Fadel Senna, Holiday, that’s Organizations: CNN, Denver Nuggets, Nuggets, Minnesota Timberwolves, NBA, Boston Celtics, of Famer, Dallas Mavericks, USA, Reuters, Western Conference, West, Celtics, Getty Locations: Serbian, Abu Dhabi, AFP, Boston

☆ Amazon same-day prescription delivery expanding to nearly half of U.S. in 2025
▼ + stars: | 2024-10-09 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Amazon plans to bring same-day prescription delivery to 20 more cities next year, the company said Wednesday, marking the latest phase of its push into health care. As part of the expansion, which will make speedy medicine delivery available in nearly half of the U.S., Amazon said, it is embedding pharmacies in same-day delivery facilities often clustered around major metro areas. Amazon in March introduced same-day pharmacy delivery in New York and Los Angeles, after launching the service in Indianapolis, Miami, Phoenix, Seattle, and Austin, Texas. Launched in 2020, Amazon Pharmacy was born out of the company's 2018 acquisition of online pharmacy PillPack. It launched then shuttered its telehealth service, Amazon Care, along with a line of health and wellness devices.

Persons: Amazon Organizations: Amazon, Amazon Pharmacy, CVS, Walgreens, Walmart Locations: U.S, Nashville , Tennessee, New York, Los Angeles, Indianapolis , Miami, Phoenix, Seattle, Austin , Texas, Boston, Dallas , Minneapolis, Philadelphia, San Diego, Texas

☆ Social Security cost-of-living adjustment for 2025: Here's how benefits may change
▼ + stars: | 2024-10-09 | by ( Lorie Konish | ) www.cnbc.com time to read: +3 min

The Social Security cost-of-living adjustment, or COLA, could be 2.5% next year, Mary Johnson, an independent Social Security and Medicare analyst, predicted last month. The Social Security Administration is expected to announce the COLA for 2025 on Thursday. Social Security COLAs have averaged about 2.6% over the past 20 years, according to the Senior Citizens League. More from Personal Finance:House may force vote on bill affecting pensioners' Social Security benefitsWhy children miss out on Social Security survivor benefits72% of Americans worry Social Security will run out in their lifetimesCould the Social Security COLA estimate change? The official Social Security cost-of-living adjustment will factor in one more month of government inflation data when it is announced.

Persons: Mary Johnson, Joe Elsasser, Elsasser, Alicia Munnell, Johnson, Hurricane Helene Organizations: Social, Social Security, Social Security Administration, Senior Citizens League, Center for Retirement Research, Boston College, Finance, Urban, Clerical Workers

☆ Declassified army photos look like they’ve been pulled from a fashion magazine
▼ + stars: | 2024-10-09 | by ( Zoe Whitfield | ) edition.cnn.com time to read: +6 min

Matthieu Nicol, whose singular new monograph is called “Fashion Army,” isn’t especially engrossed in the military. Of the nearly 15,000 he found in the online archive, “Fashion Army” re-contextualizes an edit of 350, featuring images of non-models from various military branches posing in uniform. Courtesy Matthieu Nicol/SPBH/MACKThe catalog-style images were produced for reasons unknown. Courtesy Matthieu Nicol/SPBH/MACK"Fashion Army" explores how military style has influenced different subcultures for decades. Military research always has civilian applications.” Courtesy Matthieu Nicol/SPBH/MACKThe correlation between the images here and wider fashion trends is explicit, too.

Persons: Harris, Walz, Chappell Roan’s, Matthieu Nicol, ” isn’t, ”, Rencontres d’Arles, Army ”, SPBH, MACK, Nicol’s, Angelo Flaccavento, “, Nicol, they’ve, ” Nicol, Louis Vuitton, Pharrell Williams, Helmut Lang’s, Chalamet, ” Flaccavento, Williams, Nigo, Juergen Teller, Martin Margiela Organizations: CNN, DNC, Army, SPBH, Army’s Natick Soldier Systems Center, US Army’s Natick Soldier Systems Center, US Army, Vuitton, Wonka, Billionaire Boys Club, C.P ., U.S . Army, “ Locations: Boston, Vietnam, —, Marfa, Las Vegas, Stone

☆ Gold lacks momentum as investors brace for Fed minutes
▼ + stars: | 2024-10-09 | by ( ) www.cnbc.com time to read: +2 min

Gold prices slipped on Thursday as investors booked profits after a sustained rally and pressure from institutional investors looking to raise cash, while focus shifted to U.S. economic data for clues on the Federal Reserve's rate path. Gold prices were subdued on Wednesday as investors strapped in for minutes from the Federal Reserve's latest policy meeting for insights into the U.S. central bank's interest rate trajectory. "Gold prices seem to be seeing a much-needed retracement lower. Boston Fed President Susan Collins said on Tuesday that weakening inflation trends make it likely the U.S. central bank can implement further interest rate cuts. Zero-yield bullion tends to thrive in a low interest rate environment.

Persons: I'm, Matt Simpson, Simpson, Susan Collins Organizations: Federal, Index, Traders, U.S . Consumer, Boston, Gold Locations: U.S, North America

☆ Luis Tiant, Cuban legend who pitched the Red Sox to the World Series brink, dies at 83
▼ + stars: | 2024-10-08 | by ( The Associated Press | ) www.nbcnews.com time to read: +1 min

BOSTON — Luis Tiant, the charismatic Cuban with a horseshoe mustache and mesmerizing windup who pitched the Red Sox to the brink of a World Series championship and himself to the doorstep of the Hall of Fame, has died. Major League Baseball announced his death in a post on X on Tuesday, and the Red Sox confirmed that he died at his home in Maine. He had 187 complete games and 47 shutouts in a 19-year career spent mostly with Cleveland and Boston. His death comes one week after that of all-time baseball hits leader Pete Rose, whose Cincinnati Reds faced Tiant’s Red Sox in the 1975 World Series — still considered one of the greatest in baseball history. After his retirement, Tiant was inducted into the Boston Red Sox Hall of Fame but never made the national shrine in Cooperstown, New York, receiving a high of 30.9% of the votes in 1988, his first year on the ballot.

Persons: Luis Tiant, El, ” Tiant, Bob Gibson’s, Tiant, Pete Rose, Carlton Fisk’s Organizations: BOSTON, Red Sox, of Fame, Major League Baseball, AL, NL, Negro Leagues, Cincinnati Reds, Tiant’s Red Sox, Reds, Boston, Carlton, Boston Red Sox Hall of Fame Locations: Cuban, Maine, Cleveland, Boston, Cooperstown , New York

☆ Analysis: John Roberts remains confounded by Donald Trump as election approaches
▼ + stars: | 2024-10-08 | by ( Joan Biskupic | ) edition.cnn.com time to read: +12 min

The former star appellate lawyer who allies once cast as the smartest person in the room remains confounded by the realities of Donald Trump. Roberts was shaken by the adverse public reaction to his decision affording Trump substantial immunity from criminal prosecution. The Roberts Court has been in sync with the GOP political agenda largely because of decisions the chief justice has authored: For Trump and other Republicans. But the politically charged valence deepened in the justices’ resolution of the case against former President Trump on election-interference charges from 2020. Harvard Law School professor Richard Lazarus, a longtime friend of Roberts, spent time with him in July immediately after the Trump decision was issued.

Persons: John Roberts, Donald Trump, Roberts, Trump, Roberts hewed, Roberts ’, Holder, Kamala Harris, Pew, Obama, John Marshall, Roger Taney, ” Roberts, Scott, Gore, Joe Biden, Harris, George W, Bush, Al Gore, Reagan, George H.W, William Rehnquist, ”, ” “, ” Trump, ’, Jack Smith, Sonia Sotomayor, excoriated, Sean Wilentz, Dred Scott, Erin Murphy, “, ” Roman Martinez, Pence, ” Smith, Tanya Chutkan, Chutkan, Smith, Richard Lazarus, Lazarus, ” Lazarus Organizations: CNN, Trump, White House, Democratic, Pew Research Center, Republicans, Texas Gov, Capitol, Princeton, New York, . United, Georgetown University Law Center, House . Harvard Law, New, New England Law Boston, The Washington Locations: County, . United States, Galway, Ireland, New England

☆ Famed Cuban, MLB pitcher Luis Tiant dies at 83
▼ + stars: | 2024-10-08 | by ( David Close | Thomas Schlachter | ) edition.cnn.com time to read: +2 min

CNN —Renowned Cuban baseball player Luis Tiant died Tuesday at his home in Maine, according to the Boston Red Sox. Tiant played for Cleveland, Minnesota, Boston, the New York Yankees and Pittsburgh before finishing his career with the California Angels. Rich Pilling/MLB Photos/Getty Images“Luis had the kind of unforgettable presence that made you feel like you were part of his world,” said John Henry, principal owner of the Boston Red Sox, where Tiant played from 1971-78. Tiant was inducted into the Red Sox Hall of Fame in 1997 and was a three-time MLB All-Star. My friend and teammate, Luis Tiant, passed away,” Tiant’s former teammate and nine-time All-Star Fred Lynn posted on X, formerly Twitter.

Persons: CNN —, Luis Tiant, “ El, Tiant, Rich Pilling, “ Luis, ”, John Henry, Luis, Fred Lynn Organizations: CNN, Boston Red Sox, MLB, Cleveland, New York Yankees, Pittsburgh, California Angels, Red Sox, American League, Red Sox Hall of Fame Locations: Cuban, Maine, Cleveland , Minnesota, Boston

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