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Affirmative action has been used to pit Asian Americans against other communities of color, experts said. "By grouping together all Asian students, for instance, respondents are apparently uninterested in whether South Asian or East Asian students are adequately represented, so long as there is enough of one to compensate for a lack of the other," Roberts wrote. "Affirmative action provides a second chance for students of color," Stewart Kwoh, co-executive director of the Asian American Education Project, told Insider. In the face of the destabilizing effects of rolling back affirmative action, students of color are shoring up to ensure diversity at their schools. Ron DeSantis signed a bill mandating Asian American and Pacific Islander studies in schools, a move that critics condemned as using Asian American communities as a "wedge" against other communities of color.
Persons: , John Roberts, Roberts, Sonia Sotomayor, Sotomayor, Stewart Kwoh, Sarah Zhang, we're, Zhang, Muskaan Arshad, Arshad, Chip Somodevilla, Ron DeSantis, Gregg Orton, There's, Reyna Patel, Hill, I've, Shruthi Kumar, Scott Applewhite, They're, Agustin Leon, Saenz Organizations: Service, Harvard, University of North, Asian American Education, Affirmative, Coalition, UNC, Fair, US, Florida Department of Education, AP, American, Florida Gov, Pacific, National Council of Asian Pacific, NBC, Studies, Asian Locations: University of North Carolina, America, Mexican, Harvard, Washington ,, Florida
Joe Biden speaks during an event in Washington, DC. Chip Somodevilla/Getty ImagesRussia’s short-lived insurrection has handed Joe Biden the most perilous version yet of a dilemma that has confounded the last five US presidents: how to handle Vladimir Putin. But all failed to avert the plunge in ties between the two nuclear superpowers. But even he tried to break the chill, by meeting his counterpart at a summit in Geneva in 2021. Russia’s invasion of Ukraine, however, led him instead to reinvigorate the NATO alliance with an extraordinary pipeline of arms and ammunition designed to ensure the country’s survival.
Persons: Joe Biden, Chip Somodevilla, Vladimir Putin, Bill Clinton, Biden, Putin, Yevgeny Prigozhin’s, Wagner Organizations: KGB, Soviet Union, Soviet, Wagner Group Locations: Washington ,, Russia, Washington, Geneva, Russia’s, Ukraine, Moscow, Belarus
On July 10, the Marine Corps may be led an acting commandant for the first time in 164 years. A GOP senator is blocking the next commandant's confirmation over the Pentagon's abortion leave policy. The Justice Department has already conducted a legal analysis of the Pentagon policy. Smith, then commander of III Marine Expeditionary Force, at Marine Corps Air Station Iwakuni in September 2018. "It was a spirited discussion, and it took a long time," Kaine said about the committee's closed-door debate on the abortion policy.
Persons: , David Berger, Jim Stenger, Military.com, Berger's, Eric Smith, Smith, Sen, Tommy Tuberville, Read, Stenger, Berger, Chip Somodevilla, Archibald Henderson, Tuberville, Andrew Jones, Joe Manchin, Joni Ernst, Tim Kaine, Kaine, Charles " C.Q, Brown, Mark Milley, James McConville, Mike Gilday, — Rebecca Kheel, — Konstantin Toropin Organizations: Marine Corps, GOP, Service, Corps, Defense Department, Senate, Senate Armed Services, Capitol, Armed Services Committee, stonewall, National Defense, Pentagon, Justice Department, Peace Corps, Marine Expeditionary Force, Marine Corps Air, Iwakuni, US Marine Corps, Andrew Jones Senators, Marines, Air Force, Joint Chiefs of Staff, Twitter Locations: Iowa, Smith
Sovfoto/Universal Images Group via Getty Images Putin poses for a picture with his wife, Lyudmila, and daughters, Yekaterina and Maria. Brooks Kraft LLC/Corbis via Getty Images Putin rides a horse during a vacation in Southern Siberia in August 2009. Alexey Nikolsky/AFP via Getty Images Putin judges an arm wrestling match while visiting the Seliger youth educational forum in Russia's Tver region in August 2011. Dmitry Astakhov/RIA Novosti/AFP via Getty Images Putin plays with his dogs Yume, left, and Buffy at his home in Novo-Ogaryovo, Russia, in March 2013. Chris McGrath/Getty Images Putin and Saudi Arabia's Crown Prince Mohammed bin Salman attend the G20 summit in Buenos Aires in November 2018.
Persons: Vladimir Putin’s, Wagner, Yevgeny Prigozhin, ” Prigozhin, ” Wagner, , Dmitry Peskov, , Prigozhin, ” Peskov, Putin, Putin Putin, Joseph Stalin, , “ Putin, Evelyn Farkas, , Vladimir Putin, Maria Putina, Archivio GBB, ZUMA Press Wire Putin, Laski, Maria, Vladimir, Anatoly Sobchak, Lyudmila, Yekaterina, Boris Yeltsin, Yeltsin, Fidel Castro, Reuters Putin, George W, Bush, Stephen Jaffe, Camp David, Brooks Kraft, Alexey Druzhinin, Alexey Nikolsky, Mikhail Metzel, Ivan Sekretarev, AP Putin, Dmitry Medvedev, Dmitry Astakhov, Buffy, Angela Merkel, Jochen Lübke, Thomas Bach, Medvedev, Vladimir Konstantinov, Alexei Chalyi, Sergei Aksyonov, Sergei Ilnitsky, Kirill Kudryavtsev, Alexander Lukashenko, Merkel, Francois Hollande, Petro Poroshenko, Mykola Lazarenko, Barack Obama, Ban, Chip Somodevilla, Turkey Andrei Karlov, Karlov, Donald Trump, Chris McGrath, Saudi Arabia's Crown Prince Mohammed bin Salman, LUDOVIC MARIN, Emmanuel Macron, Volodymyr Zelensky, Eliot Blondet, Joe Biden, Antony Blinken, Biden, Sergey Lavrov, Denis Balibouse, Macron, Sergey Ponomarev, Mikhail Gorbachev, , Alexander Nemenov, Alexey Danichev, Xi Jinping, Pavel Byrkin, Pavel Bednyakov, Peter Zwack, Beth Sanner, ” Sanner, “ He’s, … Putin, Moscow’s, Priogozhin Organizations: CNN, Kremlin, Communist, McCain, Putin, Getty, Russian, ZUMA Press, KGB, ZUMA Press Wire, Getty Images, Reuters, US, White House, Camp, Brooks, Brooks Kraft LLC, RIA Novosti, AP, AFP, International Olympic, Crimean, Ukrainian, United Nations, UN, Assembly, Russian Foreign Ministry, Sputnik, World, Saudi Arabia's Crown, Macron, SPUTNIK, New York Times, Central Clinical Hospital, AP Putin, Belarus, State Russian Museum, Russia’s Southern Military District, US Army, National Intelligence for Mission, State Department, European Union Locations: Moscow, Belarus, Ukraine, Russia, Kremlin, Russia’s Belgorod, Putin Russian, Russian, Rostov, St . Petersburg, Leningrad, Germany, AFP, Kazan, Cuba, Soviet Union, Southern Siberia, Russia's Tver, Novo, Ogaryovo, Hanover, Sevastopol, Crimea, Belarusian, Minsk, France, Turkey, Helsinki, Finland, Buenos Aires, Ukrainian, Paris, Geneva, Switzerland, Taganrog, Luhansk, Donetsk, Kherson, Zaporizhzhia, , Canada, Italy, Japan, United Kingdom, Soviet, Kazakhstan
Americans are expected to spend less this holiday season and seek out discounts, according to a new CNBC survey of retail logistics managers. For example, Home Depot (HD) expects overall sales and same-store sales to each decline between 2% and 5% in fiscal year 2023. TJX YTD mountain TJX Companies YTD performance In a separate research note, JPMorgan said TJX is best positioned to capture consumer trade-down demand. "We have the two best retailers for the moment," Jim Cramer said during the Investing Club's June Monthly Meeting Wednesday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Mary Dillon, Cowen, Richard Galanti, TJX, that's, Jim Cramer, We're, Jim Cramer's, Jim, TJ Maxx, Prince George's, Chip Somodevilla Organizations: CNBC, Costco, CNBC Supply Chain Survey, Fed, Wednesday, Management, JPMorgan, Shoppers, TJ, Getty Locations: Maxx, April's, Prince, Hyattsville , Maryland
There could be an even more dramatic second act to the debt ceiling drama. This time around, one of the top credit rating agencies, Fitch, has already placed US debt on rating watch negative. As of Wednesday, the other two major sovereign debt credit rating agencies, S&P and Moody’s, have not placed US debt under review. If Fitch downgrades US debt, it could cause yields on Treasury notes to spike, underscoring the increased risks associated with holding US debt. However, the opposite occurred after S&P downgraded US debt in 2011 — investors shrugged it off and bought more bonds, sending yields lower.
Persons: Joe Biden, Kevin McCarthy, Biden, It’s, Fitch, McCarthy, Chip Somodevilla, Michael Reynolds, , George Catrambone Organizations: New, New York CNN, Senate, AAA, US Treasury, U.S . Department of Treasury, Treasury Department, DWS, Treasury Locations: New York, States, US, Washington ,, Americas
New calculations suggest that 1.7 billion T. rexes lived on Earth from 65.5-68 million years ago. This dichotomy between how many T. rexes lived and how few fossils we have of them shows us just how rare fossilization is and how much more we have to learn about these majestic creatures. Warpaintcobra/Getty ImagesMarshall was the lead author of an earlier study that estimated 2.5 billion T. rexes once roamed Earth. Of the roughly 1.7 billion, or so, T. rexes who roamed our planet, scientists have only uncovered a few hundred fossils, equating to fewer than 100 total dinosaurs. Despite their prime conditions for fossilization, if Giebeler's calculations are correct, scientists have only found about 0.0000002% of the T. rex that lived on Earth.
An image of Congresswoman Nancy Pelosi supposedly lying in a casket is digitally altered and taken from a stock image website. An online search reveals that the image originates via the stock image website, iStock (here). Pelosi’s face was superimposed onto the stock image of the woman in the casket, and the blonde edges of the woman’s hair in the stock photo can be seen beneath Pelosi’s own hair. The original photograph of Pelosi was captured by photographer Chip Somodevilla via Getty Images in 2010 and can be seen (here). The original is viewable via stock image website, iStock.
5 reasons G7 Summit 2023 in Hiroshima, Japan matters
  + stars: | 2023-05-18 | by ( Brad Lendon | ) edition.cnn.com   time to read: +9 min
CNN —This year’s G7 meeting in Japan holds special significance, not only for its location. Japanese Prime Minister Fumio Kishida arrives at Hiroshima airport to attend the G7 leaders' summit in Hiroshima, Japan, on Thursday. Together with his wife Britta Ernst, German Chancellor Olaf Scholz boards an air force plane for his trip to Hiroshima and the G7 summit. The biggest challenge for the G7 leaders may be keeping that momentum going. Two of the biggest holders of that debt, Japan and Britain, will be at the table with Biden in Hiroshima.
That's due to a Supreme Court case won last year by Ted Cruz, who defended Johnson repaying himself. In October quarterly filings, Johnson's campaign declared that it was reinstating $8.4 million in loans, citing Ted Cruz vs. FEC. Furthermore, the door is now open for other self-funding candidates to demand payback of campaign loans that they had previously forgiven. And prior to Johnson telling Insider that he wouldn't seek a loan repayment, Cruz vociferously defended the hypothetical repayment. "It is perfectly reasonable that Ron Johnson, after 10 years of making an interest-free loan to the American people, can pay back his own money," Cruz added.
McCarthy seemed stony-faced during discussionsSpeaker of the House Kevin McCarthy sits in the Oval Office on Tuesday, May 16. Chip Somodevilla/Getty Images"Lot of work to do in a short amount of time," McCarthy told reporters following the meeting. Sen. Chuck Schumer offered a slightly more positive spinSen. Chuck Schumer sits in the Oval Office on Tuesday, May 16. Chip Somodevilla/Getty Images"We also agreed we have to pass a bipartisan bill with bipartisan support in both chambers," Schumer said. Chip Somodevilla/Getty ImagesA White House readout on the Tuesday debt ceiling talks offered little concrete evidence as to how close the administration is to reaching a deal.
Companies that use digital tools to find available trucks have been popular with investors in recent years. Photo: Chip Somodevilla/Getty ImagesLogistics and supply-chain startups, darlings of the venture-capital world during the pandemic, are struggling to raise funds as investors tighten spending and put companies under tougher scrutiny. Funders say they are growing more cautious with seed and mid-stage investments amid rising interest rates that are raising the cost of capital and concerns over the direction of the broader economy.
Concern about a potential U.S. government default has only mounted in recent days, contributing to back-to-back weekly losses in the S & P 500. By Feb. 7, 2012, the S & P 500 closed above its late-July peak. A similar rationale seems to explain why TJX Companies (TJX) had the third-best relative performance, falling only 5.9% during the 2011 debt-ceiling jitters. TJX had a great rest of the year, too, gaining 22% from the S & P 500 index's 2011 August bottom to year-end. What's more, 12 Club stocks finished 2011 higher than their July 22 close, the S & P 500's late-July peak that year.
Chief Justice John Roberts' wife's anti-abortion advocacy once helped bolster his judicial career. Details of Jane Roberts' work, though not new, are worth revisiting in the aftermath of Roe v. Wade's reversal. Supreme Court Chief Justice John Roberts and his wife Jane exit the funeral service for Antonin Scalia. Jane Roberts' advocacy and public political beliefs ultimately helped convince two conservative legal power players, Leonard Leo and Jay Sekulow, to publicly advocate for John Roberts' confirmation, according to the Times. Photo by Alex Wong/Getty ImagesAt the time of John Roberts' nomination, liberals feared he might pose a threat to Roe v. Wade.
TikTok Delays Full Opening of U.S. Shop
  + stars: | 2023-05-10 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
In March, TikTok CEO Shou Zi Chew responded to lawmakers’ questions about security concerns and potential Chinese government influence over the company. Photo: Chip Somodevilla/Getty ImagesSINGAPORE—TikTok’s Chinese parent has delayed the rollout of its shopping platform in the U.S. as concerns over the video-sharing app’s future deter merchants from joining, dragging on the company’s plans to earn more money from its prize global asset. ByteDance has postponed opening the shop to all sellers, originally intended for early spring, to June at the earliest, people familiar with the matter said. Its actual launch date might get pushed back further because of merchants’ concerns about a possible ban of the app and tepid adoption of live-streaming e-commerce in the U.S., the people said.
Tucker Carlson won concessions from Kevin McCarthy in a deal that made him House speaker, per his texts. McCarthy needed 218 votes to win his bid to become House speaker, giving him a small margin of error. The result was 14 rounds of votes that failed to produce a House speaker, making it the most contested speaker election in more than 150 years. Grossberg discussed some of the conversations between her and Carlson regarding McCarthy's House Speaker election in an interview with CNN on Tuesday night. On January 7, the House held its 15th vote for House Speaker.
Video from the 1991 confirmation hearing for Justice Clarence Thomas played at a Senate Judiciary Committee hearing on Supreme Court ethics. Photo: Chip Somodevilla/Getty ImagesWASHINGTON—Senate Democrats on Tuesday faulted the Supreme Court’s ethics rules following news reports that Justice Clarence Thomas accepted luxury vacations from and sold real estate to a billionaire friend, as Republicans said that scrutiny of the justices was grounded in the court’s conservative supermajority overturning precedents such as Roe v. Wade. The forum was the Senate Judiciary Committee, where Chairman Richard Durbin (D., Ill.) moved ahead with a hearing on Supreme Court ethics even after Chief Justice John Roberts declined an invitation to testify. The chief justice instead sent a statement signed by all nine justices saying that while they have no binding code of conduct or internal compliance office, they nonetheless “follow the same general principles and statutory standards as other federal judges.”
The looming U.S. debt-ceiling crisis has ignited a new wave of uncertainty in the market this week, with all three major benchmarks under pressure Tuesday. That's the biggest lesson learned from the debt-ceiling crisis of 2011, which was characterized by similar political dynamics. Nonetheless, stocks mounted a recovery in the fall of 2011, with the S & P 500 finishing the year essentially flat. We expect the current crisis to ultimately yield a similar result — both in terms of a political resolution and a buying opportunity in the interim. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Jeremy Selwyn/WPA Pool/Getty Images Camilla stands next to Queen Elizabeth II during a Diamond Jubilee pageant on the River Thames in June 2012. Chris Jackson/Getty Images From left, Camilla, Charles, Queen Elizabeth II and Prince Philip attend the state opening of Parliament in May 2013. From left are Camilla, Charles, Queen Elizabeth II, Prince Louis, Duchess Catherine, Princess Charlotte, Prince George and Prince William. Frank Augstein/WPA Pool/Getty Images In pictures: Britain's Queen Camilla Prev NextShe reportedly met Prince Charles at a polo match in Windsor in 1970 and they became friends. From left are Camilla, Charles, Queen Elizabeth II, Prince Louis, Duchess Catherine, Princess Charlotte, Prince George and Prince William.
The 10 Senate seats most likely to flip in 2024
  + stars: | 2023-04-30 | by ( Simone Pathe | ) edition.cnn.com   time to read: +19 min
The GOP needs a net gain of one or two seats to flip the chamber, depending on which party wins the White House in 2024, and it’s Democrats who are defending the tougher seats. Jim Justice announcing his Senate bid in West Virginia – the seat most likely to flip party control in 2024. In a presidential year, the national environment is likely to loom large, especially with battleground states hosting key Senate races. Two businessmen with the ability to tap into or raise significant resources could be in the mix – Eric Hovde, who lost the GOP Senate nomination in 2012, and Scott Mayer. Still, unseating Cruz in a state Trump won by nearly 6 points in 2020 will be a tall order.
Jane Roberts was paid more than $10 million by a host of elite law firms, a whistleblower alleges. At least one of those firms argued a case before Chief Justice Roberts after paying his wife hundreds of thousands of dollars. And I realized that even the law firms who were Jane's clients had nowhere to go. Mark Jungers, another one of Jane Roberts' former colleagues, said that Jane was smart, talented, and good at her job. But whether that committee has the authority to discipline Thomas or any other Supreme Court Justice remains a matter of murky constitutional interpretation, to be ultimately decided by the Supreme Court itself.
TriumphPay estimates at least $500 million to $700 million of shippers’ and brokers’ freight payments are going to double brokers annually. Photo: Chip Somodevilla/Getty ImagesFreight fraud is spreading across trucking networks as tech-savvy operators impersonating middlemen skim off payments for shipping goods that can total thousands of dollars, industry executives say. The fraudulent tactic, long a nagging problem in trucking, has gained momentum in the past two years as the business of matching loads to trucks has moved online and heated competition for shipments has cut short the time spent checking the backgrounds of businesses.
New York CNN —Inside the Beltway, jockeying over raising the debt ceiling has become a partisan ritual to gain political points. But marching toward a debt ceiling default puts American living standards on the line. For most of that time, the debt ceiling was raised with little fuss, until 2011 brought the debt ceiling into a new dangerous realm of political brinksmanship. Deciding later not to pay the bills by not raising the debt ceiling is not sound fiscal policy. Roger Ferguson, economist and former vice chair of the Fed, said the debt ceiling is out of date.
Grossberg's lawsuit, filed in Manhattan federal court against Fox News in March, also names both Carlson and one of his top producers, Justin Wells, as defendants. Their removal from Fox News, however, doesn't mean they can escape scrutiny in the lawsuit, Grossberg's lawyer Tanvir Rahman told Insider. Grossberg's lawsuit was one factor in the decision to fire him, according to the Los Angeles Times. Grossberg's lawsuit alleges she experienced a hostile environment while working as a producer for shows hosted by Carlson and Maria Bartiromo. Fox executives derided Bartiromo with sexist terms, calling her "menopausal," "hysterical," a "diva," and a "crazy bitch," Grossberg's lawsuit claims.
Lawyers representing Dominion Voting Systems leave the Leonard Williams Justice Center following a settlement with Fox News. Photo: Chip Somodevilla/Getty ImagesJerry Roscoe was enjoying a cruise with his wife on the Danube River in Romania last Sunday when the dispute mediator saw an email asking for his help on a sensitive matter: the high-stakes defamation suit against Fox News. Voting machine company Dominion Voting Systems had sued Fox, accusing the company of airing false claims that its technology helped rig the 2020 presidential election in favor of Joe Biden. Fox argued that it was covering newsworthy election-fraud claims. It was a bruising legal battle that, after two years of hostilities, would soon be aired in front of a Delaware jury.
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