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Vance, the “Hillbilly Elegy” author who was a searing Donald Trump critic before converting into one of his most loyal allies, has defeated Democratic Rep. Tim Ryan in Ohio’s Senate race, NBC News projects. Portman’s prior success and Trump’s two comfortable Ohio victories made Ryan, 49, a heavy underdog. Polls from the summer and into early fall showed Ryan tied with Vance, though surveys in the closing weeks suggested Vance was pulling ahead. Democratic Senate candidate Rep. Tim Ryan speaks in Columbus, Ohio on Saturday. Vance, by contrast, had little money to counter Ryan’s ads and drew complaints from Ohio GOP leaders that he was coasting toward the general election.

☆ Factbox: How Wall St and billionaires have donated to U.S. elections
▼ + stars: | 2022-11-08 | by ( John Mccrank | ) www.reuters.com time to read: +4 min

Prior to the U.S. Supreme Court's 2010 Citizens United ruling, which struck down limits on political contributions by corporations or unions, political contributions of billionaires made up around 3% of overall political contributions, she said. Griffin said in a statement: "I hope that my political engagement will help to protect the American Dream. * Crypto-billionaire Sam Bankman-Fried of FTX was the sixth-largest donor, at $39.8 million with the vast majority going to help Democrats. * Elliott Management founder Paul Singer spent $19.7 million to support Republicans, making him the 15th-largest donor. * Renaissance Technologies founder Jim Simons, together with Marilyn Simons, were the 20th-largest donors, spending nearly $16 million to help Democrats.

☆ Trump says he voted to re-elect Florida Gov. Ron DeSantis in the midterm elections
▼ + stars: | 2022-11-08 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +2 min

Trump said on Tuesday that he voted to re-elect Florida Gov. "No matter who you vote for, you have to vote," Trump told people outside a Palm Beach polling site. When asked whether he voted for DeSantis after he cast his vote at the Morton and Barbara Mandel Recreation Center in Palm Beach, Florida, Trump replied: "Yes, I did," according to a video shared on Twitter. "No matter who you vote for, you have to vote," Trump told reporters gathered outside the polling site. Speculation that Trump and DeSantis could both declare campaigns to be the Republican presidential nominee in 2024 has also ramped up in recent weeks.

☆ Is the economy improving? Days before the midterms, no one has a good answer
▼ + stars: | 2022-11-04 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

By aggressively hiking interest rates, the Fed has sought to introduce some slack into a tight labor market. Inflation remains high, but now it’s also far more expensive to take out loans or pay off credit cards. Wages are up, but not enough to take the sting off high prices of necessities like food, fuel and shelter. Economists will get fresh insight into the state of inflation next week with the October CPI reading on Thursday. But if there’s good news in that report, it will have come two days too late to sway voters one way or another.

☆ Op-ed: The U.S. and China should not miss a historic opportunity to save the world
▼ + stars: | 2022-11-03 | by ( Siddharth Chatterjee | The United Nations Resident Coordinator To China | ) www.cnbc.com time to read: +4 min

Climate Change Conference (COP 27) in Egypt approaches, the countries of the world face a stark choice between two paths. Such exploitation leads to more climate change, more floods, more fires, more hunger, more diseases, more forced migration and more war. Anyone who accepts the scientific facts of climate change understands that this must be our choice. The U.S. and China can each take dramatic climate action on their own, but they must also rise above current tensions to collaborate. Over a decade ago, cooperation between the U.S. and China laid the foundation for global action on climate change and paved the way for the 2015 Paris Agreement.

☆ American billionaires spent a record $880 million on the U.S. midterm elections
▼ + stars: | 2022-11-03 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

America's billionaires spent a record $880 million on the U.S. midterm elections so far, with most of their spending favoring Republicans, according to a new report. They have given a total of $3.5 million to a single-candidate super PAC in Wisconsin supporting GOP Sen. Ron Johnson. A relative newcomer to the billionaire political class is Sam Bankman-Fried, the 30-year-old crypto mogul. He donated $40 million this cycle, most of it to a super PAC he created called Protect Our Future. Hedge-fund billionaire Stephen Mandel of Lone Pine Capital has spent $17.7 million on Democratic groups, including the super PAC Future Forward.

☆ US curbs on China's microchip industry could throttle Xi Jinping's tech ambitions
▼ + stars: | 2022-10-31 | by ( Laura He | ) edition.cnn.com time to read: +8 min

One dramatic, and potentially disruptive aspect of the rules is the ban on American citizens and legal residents working with Chinese chip firms. The ban could lead to a mass resignation of top executives and core research staff working at Chinese chip firms, which will hit the industry hard, Dong from Georgetown University said. So far it’s not clear exactly how many American workers there are in China’s domestic chip industry. At Advanced Micro-Fabrication Equipment China (AMEC), one of the country’s largest semiconductor equipment manufacturers, at least seven executives, including founder and chairman Gerald Yin, hold US citizenship, the latest company documents show. But some Western suppliers have already started preparing to halt sales to China in response to the US export curbs.

☆ IBM salaries revealed: Engineers can earn nearly $200K. See how much analysts, managers, and others at the tech giant make.
▼ + stars: | 2022-10-27 | by ( Caroline Haskins | ) www.businessinsider.com time to read: +15 min

IBM is among the oldest and largest computer companies in the world and has more than 350,000 employees. These offers must be equal to what US employees earn making them a great guide to employee salaries at the company. When Insider analyzed IBM salary data in 2021, the highest offer was to an engineering program director, earning $335,000. A technical team lead, for instance, earned $57,500 in Monroe, LA, and as much as $114,500 in Parsippany, NJ. Insider has also compiled a database of salaries across other big tech companies like Google, Apple, Tesla, Amazon, and more.

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☆ Millions at risk of losing health insurance if U.S. ends Covid public health emergency in January
▼ + stars: | 2022-10-19 | by ( Spencer Kimball | ) www.cnbc.com time to read: +13 min

The Health and Human Services Department will give the public 60 days notice before lifting the public health emergency, Becerra said. The health emergency also allowed millions of people to receive increased food benefits through the federal government's nutrition program. When the public health emergency does end, HHS estimates up to 15 million people will be disenrolled from Medicare and the Children's Health Insurance Program. Millions to lose Medicaid coverageThe most dramatic impact from ending the public health emergency will fall on people enrolled in Medicaid and the Children's Health Insurance Program. Trump administration Health Secretary Alex Azar activated the FDA's emergency authorization powers in March 2020, about two months after first declaring the public health emergency.

☆ America's 'once unthinkable' chip export restrictions will hobble China's semiconductor ambitions
▼ + stars: | 2022-10-12 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +5 min

America argues that such advanced semiconductors can be used by China for advanced military capabilities. U.S. companies will be heavily restricted in exporting machinery to Chinese companies that are manufacturing chips of a certain sophistication. "The latest chip rules are a sign that Washington is not trying to rebuild relations with Beijing. For example, it's unlikely that advanced chips manufactured by TSMC won't have used American tools somewhere along the way. Under those rules, Huawei was cut off from the most advanced chips that TSMC was manufacturing and that were designed for its smartphones.

☆ Biden threatens 'consequences' for Saudi Arabia after OPEC cut, but his options are limited
▼ + stars: | 2022-10-12 | by ( Natasha Turak | ) www.cnbc.com time to read: +5 min

Washington has since the 1940s provided billions of dollars in military and security aid to Saudi Arabia. A file photo of cannisters containing Patriot missiles to intercept missiles fired at Saudi Arabia or its neighboring countries. We must pull all US troops out of Saudi Arabia, stop selling them weapons & end its price-fixing oil cartel." "The White House has few good options despite Biden's warning of 'consequences' after the cut," he said, noting U.S. lawmakers' threats of anti-trust legislation and removal of U.S. military assets from Saudi Arabia. While both courses of action would send a clear message, this could backfire for both the U.S. and for crude prices.

☆ Everything you want to know as OPEC+ agrees to cut oil production
▼ + stars: | 2022-10-06 | by ( Hallam Bullock | ) www.businessinsider.com time to read: +7 min

OPEC+ agreed to cut production. But the group — which includes Saudi Arabia, the United Arab Emirates, and Russia — agreed Wednesday to slash daily oil production by 2 million barrels, in a bid to send crude prices higher. But OPEC+ defended their decision, saying it was in response to "uncertainty that surrounds the global economic and oil market outlooks." At a news conference after the meeting, the Saudi energy minister added: "We would rather be pre-emptive than be sorry," the New York Times reports. The country's deputy prime minister, Alexander Novak, said the EU's plan could lead to Russia temporarily cutting oil production further — a move that would see crude prices rise, and gasoline follow.

Energy analysts believe the deep production cuts could yet backfire for OPEC kingpin and U.S. ally Saudi Arabia. Energy analysts believe the deep production cuts could yet backfire for OPEC kingpin and U.S. ally Saudi Arabia, particularly as Biden hinted Congress would soon seek to rein in the Middle East-dominated group's influence over energy prices. OPEC and non-OPEC allies, a group often referred to as OPEC+, agreed on Wednesday to reduce oil production by 2 million barrels per day from November. "In light of today's action, the Biden Administration will also consult with Congress on additional tools and authorities to reduce OPEC's control over energy prices," the White House said. While the group likes to say they keep politics out of their decisions, there's no denying that there are potential ramifications to this beyond the oil price.

☆ Gen X is late to the leadership table in US politics, prompting the question: Will it ever produce a president?
▼ + stars: | 2022-09-28 | by ( Darren Samuelsohn | ) www.businessinsider.com time to read: +21 min

By historical standards, Gen X should be in charge of the US by now. Think of them as the godparents of the "Xennials" — those born in the late 1970s or early 1980s who aren't fully Gen X or millennial. No matter whether you deny the 61-year-old Obama is a boomer, Gen X is starting to get up there in age. Michael Ciaglo-Pool/Getty ImagesWhat's the US missing without a Gen X president? "It's like seeing a ghost that doesn't appear," she said of any expectation the presidency would just suddenly open up for Gen X.

☆ Dozens of Trump’s phony electors, many under investigation, still hold powerful GOP jobs in key states
▼ + stars: | 2022-09-21 | by ( Natasha Korecki | Kaitlyn Francis | Natasha Korecki Is A Senior National Political Reporter For Nbc News. | ) www.nbcnews.com time to read: +13 min

Law enforcement activity has not pushed these false electors from their political perches. Al Drago / Bloomberg via Getty ImagesAll told, 23 of those false electors hold positions of power within their Republican parties. Then there are additional actors that didn’t serve in the slate of false electors themselves but were instrumental in the scheme. Others hold positions of power within the state GOP, including Shafer, who is chair; Joseph Brannan, state GOP treasurer; Vikki Consiglio, the state party’s assistant treasurer; and Ken Carroll, the assistant secretary. On June 21, federal agents scattered across key states to deliver subpoenas to those who acted as Trump electors.

☆ Inflation is a global problem. Here’s how central banks are addressing it
▼ + stars: | 2022-09-21 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

In Turkey and Argentina, annual inflation rates are forecast to clock in at a whopping 80%. At least 75 have lifted their benchmark interest rates in the past year, increasing the price of credit across the world. In July, it instituted its second consecutive 0.75 percentage point interest rate increase, taking its benchmark rate to a range of 2.25% to 2.5%. The country is struggling with rampant inflation rate that rose to a 20-year high of nearly 80% in August. The country’s annual inflation rate slowed to 7% in August, below analyst forecasts of 7.3% and down from 7.6% in July.

Witnessing Arab women flourish on the small screen, showcasing their talents and breaking through the presumption that they are oppressed is widely significant. That is not to say Arab women live in a utopia in the Middle East. The implication is that these Arab women have no depth to their character other than their attire. Just as common are images of Arab women living as concubines in harems waiting to please men. But the achievements of the past week should help to break down the stereotypes surrounding Arab women and inspire them to dream big.

☆ Meet the GOP's biggest Hollywood donors
▼ + stars: | 2020-08-26 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +13 min

America First Action, the most notable super PAC backing President Donald Trump, has directly criticized Hollywood. Donors from Hollywood-area ZIP codes also rank among the most generous donors to key Republican senators, including Lindsey Graham of South Carolina and Marco Rubio of Florida. 3 donor ZIP code in the nation, trailing only ZIP codes in Houston and Palm Beach, Florida, which is home to his Mar-a-Lago Club resort. Bill Pugliano/Getty ImagesTrump continues to profit from HollywoodIn messages to supporters this year, Trump has decried "liberal HOLLYWOOD donors" and "MEGA HOLLYWOOD DONORS," while his son Donald Trump Jr. has castigated the "Hollywood Elite." As president, Trump's pension earned him more than $84,000 in 2017, about $91,000 in 2018, and about $78,000 in 2019, his personal financial disclosures showed.

☆ At the age of 95, Jimmy Carter says he's 'completely at ease with death'
▼ + stars: | 2019-11-04 | by ( Ashley Collman | ) www.businessinsider.com time to read: +2 min

Former President Jimmy Carter said at a church service on Sunday that he is "absolutely and completely at ease with death." Carter, 95, was diagnosed with cancer in 2015, and said he figured he was "going to die very quickly." And I found that I was absolutely and completely at ease with death. Except I was going to miss my family, and miss the work at the Carter Center, and miss teaching your Sunday school service sometimes and so forth. Jimmy and Rosalynn Carter are pictured attending the funeral of former President George H.W.

☆ Wanda Sykes on Ignoring Michelle Obama and Leaving ‘Roseanne’
▼ + stars: | 2019-05-20 | by ( David Marchese | ) www.nytimes.com time to read: +12 min

Though she has never quite achieved superstar status, Wanda Sykes has, over the last 25 years, steadfastly built one of comedy’s most impressive careers. But I’m not going to argue and go, “I don’t know why I can’t use that word!” No. She was like: “I don’t know. I can’t just be silent.” That’s why I said I wouldn’t be going back.13Do you think Roseanne is a racist? But I don’t know.

Persons: Wanda Sykes, It’s, Sykes, Roseanne ”, “ Wanda Sykes, ”, ‘, ’ ‘, ” I’ve, Ellen DeGeneres, Jay Leno, Paul Drinkwater, “, I’m, he5, He’s, Atsushi Nishijima, “ Wanda, ’, Roseanne, Page Hurwitz, Wanda, I’ve, “ We’ve, ” Sykes, Roseanne Barr, Valerie Jarrett, she’s, didn’t, Bruce Helford11, Bruce, Tom Werner, “ I’ve, She’s, would’ve, Mandel Ngan, Trump, Michelle Obama, can’t Organizations: Netflix, West Hollywood, NBC, NBCU, Bank, Getty, Democratic, Maryland, Twitter, ‘, “, Trump, White, ’ Association Locations: West, Virginia, That’s Virginia, New York, L.A, Israel, AFP, France

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