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Editor’s Note: A version of this story appears in CNN’s Meanwhile in the Middle East newsletter, a three-times-a-week look inside the region’s biggest stories. Such escalation could also jeopardize efforts to reach a ceasefire in Gaza and release hostages, despite recent progress in negotiations. Israeli Defense Minister Yoav Gallant and US Secretary of Defense Lloyd Austin discussed comprehensive security strategies to protect Israel, according to a statement on Monday. Israel was considering its options to prepare for a regional attack over the weekend. The country braces for war in its own way and tends to pick up after itself.

Persons: Ayatollah Ali Khamenei, Ismail Haniyeh, ”, Israel, Israel hasn’t, “, Yoav Gallant, Defense Lloyd Austin, Michael Kurilla, Kurilla, Ayman Safadi, Badr Abdelatti, Ali Bagheri Kani, ‘, Masoud Pezeshkian, Safadi, Nasser Kanaani, Fu’ad Shukr, Majdal Shams, Hassan Nasrallah, Benjamin Netanyahu, ” “, ” Netanyahu, Ali Bagheri, Netanyahu, Gallant, Daniel Hagari, Lebanon scrambledto, floaties, Samer Othman, Jalaa Marey, Othman, Liz Nicholas, David Adom, Be’er, Ivana Reiser, Zeev Jabotinsky, Naama, ” Be’er, ” Baer, Reiser, Roy Dror, Ron Heckmann, they’re, Dror, ” Heckmann, Uri Shacham, Shacham Organizations: Jerusalem CNN —, Iran’s, Islamic Revolutionary Guard Corps, Saturday, US, Israeli, Defense, US Central Command, Jordanian, Egypt’s, Zionist, Israel, Iran, Sunday, Getty Images Israel, Hezbollah, CNN, Mount, Mount Herzl Military, Getty, MDA Locations: Beirut, Tel Aviv, Jerusalem, Israel, Iran, Tehran, Lebanon, Gaza, United States, Syria, Majdal, Golan, ”, AFP, Cairo, Lebanese, Beirut’s, Mount Herzl, London, Nahariyah

☆ Timeline: When every Olympic sport made its debut
▼ + stars: | 2024-08-04 | by ( Annette Choi | ) edition.cnn.com time to read: +3 min

Only five sports — aquatics, athletics, cycling, fencing and gymnastics — have appeared in each of the 30 iterations of the Olympic Games. Host countries, as a result, now have more leverage than ever in adding to the Olympic program. The LA 2028 OCOG proposed five new sports for the Olympic program that were approved by the IOC in late 2023. The next edition of the summer Games will feature flag football and squash for the first time in Olympic history. It will also bring back baseball/softball, cricket and lacrosse — which was dropped from the Olympic program following a brief two-year stint in the early 1900s.

Persons: Long, “, ”, Taylor McKee, we’ll, ’ ”, Tokyo OCOG, —, “ It’s, McKee, OCOG Organizations: CNN, Olympic Games, Paris, Olympic Studies, Olympic, Sports, Games, Olympics, International, Brock University, IOC Locations: Athens, Paris, Tokyo, Ontario, Canada, Los Angeles

☆ UK leader Starmer condemns attack on hotel as act of ‘right-wing thuggery’
▼ + stars: | 2024-08-04 | by ( ) www.cnbc.com time to read: +6 min

A small fire in a wheelie bin was also visible while windows in the hotel were smashed. Police in the north of England town of Rotherham struggled to hold back a mob of far-right rioters who were seeking to break into a hotel housing asylum-seekers. U.K. Prime Minister Keir Starmer has condemned the attack on a hotel housing asylum seekers, describing it as "far-right thuggery" as violence broke out in several towns and cities across the country. Police in the north of England town of Rotherham struggled to hold back a mob of far-right rioters who were seeking to break into a hotel housing asylum-seekers. Britain's new prime minister, Keir Starmer, has blamed the violence on "far-right hatred" and vowed to end the mayhem.

Persons: Keir Starmer, John Healey, George Robertson, Tiffany Lynch, Wales, Andrew Menary, Axel Rudakubana, Rudakubana, Stephen Yaxley, Lennon, Tommy Robinson, Elon Musk, Nigel Farage, —, …, Diana Johnson Organizations: British, Defence, Downing, Police, . Police, Police Federation of England, BBC, English Defense League, Merseyside Police, Twitter, Elon, Reform U.K Locations: London, England, Rotherham, Middlesborough, Belfast, Northern Ireland, Liverpool, Bristol, Southport, Wales, Rwandan, France

☆ Mykolas Alekna: Son of a two-time Olympic champion, the Lithuanian will aim to carry on his father’s legacy
▼ + stars: | 2024-08-04 | by ( Martynas Ruseckas | ) edition.cnn.com time to read: +4 min

Lithuanian discus thrower Mykolas Alekna is poised to carry on the legacy of his father, Virgilijus, who holds an Olympic record in the same discipline. His 69.89-meter throw in Athens 2004 guaranteed the then-32-year-old a second Olympic gold medal, having also won in Sydney 2000. The world record followed in April 2024, when all his six throws – alongside his new all-time mark – were over the elite 70-meter mark. Deep-rooted traditionAlekna’s success in the discus throw is testament to Lithuania’s deep-rooted tradition in this field event – the Baltic state has been hugely successful with the discus in hand. Virgilijus Alekna’s victories on the global stage helped to popularize the sport, and now, finals of discus throw are among the most-watched Olympic events in Lithuania.

Persons: Bronny James, LeBron, Mykolas Alekna, Virgilijus, Jürgen, Alekna, you’ll, ” Virgilijus, Mykolas, –, Romas Ubartas, Ubartas, Martynas, Andrius Gudžius –, Lukas Weißhaidinger, Daniel Ståhl Organizations: CNN, Sydney, Sydney Games, University of California, Seoul Games, Soviet Union, Paris Games, League –, Lithuanian, European Athletics, Tokyo Games Locations: Paris, Lithuanian, Athens, Berkeley, Munich, Bavarian, Baltic, European, Soviet Union, Barcelona, Lithuania, Soviet, Rome, Slovenian, Sweden

☆ ‘The summer job is back’: Teens enter the labor force as employers dish out higher wages, perks
▼ + stars: | 2024-08-04 | by ( Alex Harring | ) www.cnbc.com time to read: +8 min

That change in pay and benefits underscores the changing job outlook for the millions of American teen workers following the pandemic-induced labor crunch. Despite those efforts, she's at times seen teen employees leave for higher pay at chain rivals like Starbucks . 'The summer job is back'Whether it's a raise or financial support for education, these boons appear to be luring teens to the workforce. "The summer job is back," said Alicia Sasser Modestino, an associate professor of economics who studies youth development at Northeastern University. Gusto expects sports and recreation; education; and food and beverage to be popular summer job sectors for this age bracket.

Persons: Spencer Platt, Dailey Jogan, Jogan, Liz Wilke, Chipotle, Daniel Banks, Justin Sullivan, Banks, Erin Powell's, Powell, she's, Alicia Sasser Modestino, Gusto's Wilke, Wilke, today's, Olivia Locarno Organizations: Getty, Detroit, Employers, Grill, Northeastern University, Starbucks, Marist College, Amazon Locations: Coney, Brooklyn, New York City, California, San Rafael , California, Minnesota, New Jersey

☆ Warren Buffett raises Berkshire cash level to record $277 billion after slashing stock holdings
▼ + stars: | 2024-08-03 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. Berkshire Hathaway 's cash pile swelled to a record $276.9 billion last quarter as Warren Buffett sold big chunks in stock holdings including Apple . The Omaha-based conglomerate's cash hoard jumped significantly higher from the previous record of $189 billion, set in the first quarter of 2024. For the second quarter, Berkshire's operating earnings, which encompass profits from the conglomerate's fully-owned businesses, enjoyed a jump thanks to the strength in auto insurer Geico. Operating earnings totaled $11.6 billion in the second quarter, up about 15% from $10 billion a year prior.

Persons: Warren Buffett, Berkshire Hathaway, Tim Cook, Buffett, I've Organizations: Berkshire Hathaway, Berkshire, Apple, Oracle, Buffett, Bank of America, Federal Reserve, Dow, Industrial Locations: Omaha , Nebraska, Omaha, Berkshire

☆ Olympics 100-meter final: Welcome to the the most intimidating start line in sports
▼ + stars: | 2024-08-03 | by ( George Ramsay | ) edition.cnn.com time to read: +8 min

“I think it was the worst pressure you could ever be put under,” British former sprinter Allan Wells, who won 100m gold at the 1980 Moscow Olympics, told CNN Sport. “You run through it in your head thousands of times – the start, the gun going off,” Wells added. “It was the worst feeling you could ever have but still be in control of what you were hoping to achieve,” said Wells, one of only three British sprinters to win 100m gold at the Olympics. The legendary Bolt, winner of three consecutive 100m gold medal between 2008 and 2016, said that he would try not to overthink things. Bolt was famously relaxed on the start line, fist-bumping race officials and playing up to the crowd with gestures and poses.

Persons: crouch, Allan Wells, ” Wells, – you’ve, you’ve, Zharnel Hughes, cramping, Hughes, ”, Wells, Bolt, ” Donovan Bailey, Canada’s, ’ That’s, ” Bailey, Bailey, Michael Johnson, ’ ” Donovan Bailey, John Giles, Noah Lyles, “ Noah, ” Jo Brown, Lyles, “, Brown, she’s, “ They’ll, ‘, ” Noah Lyles, Yu, Christian Petersen, Kishane Thompson, Ferdinand Omanyala –, Sha’Carri Richardson, Shelly, Ann Fraser, Pryce, “ It’s Organizations: CNN, Paris ’ Stade de France, CNN Sport, Olympics, NBC, Olympic, Olympic Games Locations: British, Tokyo, Atlanta, Seville

Why did Russian President Vladimir Putin greet the children of just-freed Russian spies in Spanish? In “The Americans,” two Russian spies posing as a married couple in suburban America run Soviet agents and collect intelligence, unbeknownst to their young children. President Vladimir Putin meets convicted Russian spies released as part of a prisoners' swap at Vnukovo International Airport in Moscow. Their children attended an international school in Ljubljana and, according to Kremlin spokesman Dmitry Peskov, were only told on the plane to Moscow that they were Russian. “To the bulk of the Russian public, the Russian president showed that he has not yet lost the remnants of adequacy and is capable of well-calculated, rational actions,” Gallyamov said.

Persons: Vladimir Putin, Putin, “, ”, Ludwig Gisch, Maria Rosa Mayer Muños, Mikhail Voskresenskiy, Artem Viktorovich Dultsev, Anna Valerevna Dultseva, Evan Gershkovitch, Paul Whelan —, Dmitry Peskov, Peskov, ” Peskov, ” Abbas Gallyamov, ” Gallyamov, — Putin Organizations: Vnukovo, Associated Press, AP, Kremlin, KGB, Federal Security Service, Russian Foreign Intelligence Service, “ Locations: Russian, Slovenia, America, Soviet, Moscow, U.S, Europe, Ljubljana, Slovenia's, Moscow’s Vnukovo

☆ Young climate activists favor Harris over Biden, despite his environmental wins
▼ + stars: | 2024-08-02 | by ( Elysee Barakett | Elysee Barakett Is A Health Intern At Nbc News. | ) www.nbcnews.com time to read: +8 min

The Summary Many young climate advocates see Kamala Harris as stronger on environmental issues than Joe Biden. President Joe Biden may have passed the United States’ most significant climate legislation ever, but many young environmental activists say they see Kamala Harris as stronger on the issue. But several young climate activists ages 16 to 29 said for them, the expansion of the fossil fuel industry during Biden’s presidency has clouded those successes. Harris’ young supporters have highlighted the settlements she secured as California attorney general with Chevron, BP and ConocoPhillips over their handling of hazardous materials. Sunrise Movement protesters gather near Vice President Harris' Brentwood home on April 14, calling on her to urge President Biden to declare a climate emergency.

Persons: Kamala Harris, Joe Biden, Harris, Biden, ”, Aru Shiney, Ajay, Donald Trump, “, Keanu Arpels, Greta Thunberg, Kent Nishimura, Dana Fisher, it’s, ” Fisher, ’ ” Fisher, Fisher, Harris ’, “ Biden, Kamala isn’t, Iris Zhan, “ Donald Trump, Sen, Gavin Newsom, Carlos Avila Gonzalez, Zanagee Artis, ” Young, Natalie Bookout, Robert Gauthier, Heather Hargreaves, “ there’s, “ She’s, NASA's, Olivier Douliery, Stephen Perkins, We’ve Organizations: Biden, Green, Deal, Big Oil, Sunrise Movement, Green New Deal Network, Infrastructure Investment, Jobs, Reuters, Los Angeles Times, Getty, Center for Environment, Community, Equity, American University, Chevron, BP, ConocoPhillips, Research, “, Gov, San Francisco, Brentwood, Climate Power, NASA's Goddard Space, American Conservation Coalition, Pew Research Locations: United States, Alaska, Virginia, West Virginia, Lake Mead, California, Wilmington , Delaware, San Francisco, Mar, Pineridge, Calif, Charlotte , North Carolina, Greenbelt , Maryland, AFP

☆ Fears grow Fed is too late to cut rates as bets increase for a half-point easing at next meeting
▼ + stars: | 2024-08-02 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

"A 50 basis point Fed cut in September is clearly justified as the labor market is now showing clear signs of softening," said Yung-Yu Ma, chief investment officer at BMO Wealth Management. The firm, which has long been saying the Fed will need to cut aggressively this year, expects another 50 basis point cut in November by a 25 basis point cut move in December. A basis point is 0.01 percentage point. The S & P 500 lost more than 2.5% and Treasury yields plummeted, sending the policy-sensitive 2-year note down more than a quarter percentage point to 3.91%. "It's very possible the Fed alters its inter-meeting communications on the balance of risks to remove all doubt [of] a September rate cut."

Persons: Yung, Yu Ma, David Donabedian, Preston Caldwell, David Rosenberg, Jerome Powell, Jamie Cox Organizations: Federal Reserve, Fed, Labor Statistics, BMO Wealth Management, Wall, Citigroup, CIBC Private Wealth, Morningstar, Rosenberg Research, Harris Financial

☆ Berkshire's mounting cash pile could top $200 billion as Buffett continues selling stock
▼ + stars: | 2024-08-02 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

David A. GroganBerkshire Hathaway 's highly scrutinized cash pile could top $200 billion — more than the entire annual gross domestic product of Hungary — amid CEO Warren Buffett's rare sale of some of his favorite stocks. The Omaha-based conglomerate is likely to say its cash hoard topped the previous record of $189 billion, set in the first quarter, when it reports second-quarter earnings Saturday morning. The selling could have resumed in the second quarter as shares of the iPhone maker jumped 23% in the period. "It's just a question of how long they are going to sit on it," Andrew Kligerman, TD Cowen's Berkshire analyst, said in an interview, referring to Berkshire's enormous cash pile. Stock Chart Icon Stock chart icon Berkshire Hathaway

Persons: Warren Buffett, David A, Grogan Berkshire Hathaway, Warren, Buffett, Bill Stone, Andrew Kligerman, I've, Berkshire Hathaway Organizations: Berkshire Hathaway, Apple, Bank of America, Oracle, Glenview Trust Company, America, Federal, Berkshire Locations: Omaha , Nebraska, Hungary, Omaha, Glenview, Berkshire, Charlotte

☆ These 7 comedians built a business playing 'Dungeons & Dragons.' Now they're taking that magic to Madison Square Garden.
▼ + stars: | 2024-08-01 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +10 min

And Mulligan's now nerdworld famous, not only for being one of the creative minds behind the Dropout business engine. Dimension 20There was a time, however, when the idea of recording yourself playing "Dungeons & Dragons" was a tough sell. In 2018, Mulligan pitched the idea to his then-CollegeHumor team to film a group of his friends playing "Dungeons & Dragons." Related stories"We're going to come out where the Knicks play, and we're going to play 'Dungeons and Dragons,'" Mulligan said. And his love for that city is very reflected in every chapter of 'Unsleeping City,'" Mulligan told me.

Persons: —, Brennan Lee Mulligan, Mulligan, who'd, — Emily Axford, Ally Beardsley, Zac Oyama, Brian Murphy, Siobhan Thompson, Lou Wilson, Oyama, it's, Ricky Matsui —, Ricky, I'm, Ricky we're, Sam Reich —, Reich, that's, might've, He's Organizations: Service, Business, Madison, Wembley Arena, Garden, Knicks, BI, Palestine Children's Relief, Intrepid Locations: London, Los Angeles, Madison, New York, CollegeHumor, Unsleeping

☆ When ICE Agents Use Deadly Force, the Shootings Go Unprosecuted.
▼ + stars: | 2024-08-01 | by ( Lila Hassan | ) www.businessinsider.com time to read: +46 min

AdvertisementYet when and how ICE agents use deadly force has long been shrouded in secrecy. ICE agents shot people in public places, such as traffic intersections and strip-mall parking lots. Yet in over half of the shootings we identified, ICE agents never made an arrest. But Ramos still became one of dozens of people on the receiving end of an ICE agent's deadly force. A significant number of the shootings documented in the logs happened while ICE agents were off-duty or in plain clothes.

Persons: Nemesia Martinez, wouldn't, Martinez, Gabino Ramos Hernandez, Ramos, Ramos wasn't, Soledad Ramos Hernandez, Ramos's, Soledad, Timothy Ivy, Donald Trump, We've, Ramos —, Chuck Wexler, haven't, Genia, Miguel Alvarez, Alvarez, Jake Driskell, Driskell, Phillip Causey, Causey, Laurel Police Department Ramos, gurney, Mario Bass, Bass, Prince William, Bryan Cox, Bradley Epley, Epley, Rueben Coray, Hector Santana, Santana, who'd, Othello Jones, Jones, Johnathan Liddell, Douglas, Ryan Leonard, Joe Biden, García Ramos, it's, they're, he'd, Leo Clemons, Doctors, Clemons, Ramos moans, wasn't, Bailey C, Martin, Prince William County, HSI, Chris Baroni, Ronaldo Gonzalez, Gonzalez, Baroni, Jerry Robinette, General, OPR, Gretta Goodwin, Robinette, doesn't, Goodwin, Tommy Cox, Donald Trump's, reining, Jennifer Chacón, Biden, Timothy Cerniglia, Cerniglia, Hernandez's, hasn't, Business Insider Ramos, He's, Loevy Organizations: Investigations, Business, Customs, Laurel, Facebook, ICE, Immigration, Homeland Security Investigations, New York City Police Department, Los Angeles Police Department, Department of Homeland Security, Police, Research, New, Immigrant Defense, DHS, Border Patrol, Laurel Police Department, Mississippi Bureau of Investigation, Nissan, Ramos, FBI, Justice Department, Denver, Phoenix, Border Protection, Maricopa County Attorney's Office, General's, Department of Justice, Force, Ohio State University Moritz College of Law, Mississippi Bureau of, MBI, Laurel Police, NBC, Sheriff's, ICE's Homeland Security Investigations, Scottsdale police, Howard Center, Investigative Journalism, Arizona State University, Attorney's, Federal Homeland Policy, Maricopa County DA, Firearms, ICE's, Homeland Security, Justice, DHS's Office, Army, Center, New American Security, Congress, Stanford Law School, Ohio State Law, Trump, White, GAO, Service, Biden's, Ohio State, Business Insider, Fund, Journalism Locations: Jackson, Laurel, Laurel , Mississippi, Woodbridge , Virginia, New York, Puebla, Mexico, Mississippi, United States, Arizona, Phoenix, Dumfries , Virginia, Nashville, Denver, arm's, Maricopa, Mesa , Arizona, Maricopa County, Lithia Springs , Georgia, Soledad, Metairie , Louisiana, Jefferson, Virginia, Scottsdale , Arizona, Scottsdale, Chula Vista , California, Washington , DC, Africa, New American, Oaxaca

☆ We asked Mark Cuban how he's going to disrupt Big Pharma. He said it's pretty straightforward, actually.
▼ + stars: | 2024-08-01 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +5 min

Here's how it works: Cost Plus Drugs, as the name implies, gets drugs directly from manufacturers, cutting out the pharmaceutical middlemen and their extra costs. You pay a 15% markup to Cost Plus Drugs, plus a fixed $5 for labor on each medication and $5 for shipping. How much will a name-brand, 30-day supply of the biggest dose of the "little blue pill" (100mg) cost you? A generic form of the same 30-day supply might start somewhere around $250, but can also exceed $1,000. AdvertisementCost Plus tells consumers that it pays the manufacturer $3 for that same 30-day supply of 100mg generic Viagra tablets.

Persons: —, Cuban, Abraham Gonzalez Fernandez, unbranded, isn't, who've, they've Organizations: Service, Big Pharma, Cuban, Plus, Business, Shark, Dallas Mavericks, Pfizer, Novo Nordisk, US Food and Drug Administration Locations: Texas

☆ Everything you need to know about when a rate cut could happen
▼ + stars: | 2024-08-01 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +4 min

Now the central bank is mulling over when to do something it hasn’t done since the darkest days of the pandemic: cut interest rates. “A rate cut could be on the table in the September meeting,” Fed Chair Jerome Powell said on Wednesday, immediately jolting markets. When will the Fed cut rates? Rate cut probabilityThat said, investors are entirely convinced the Fed will cut rates at their September meeting, according to Fed funds futures data. Torsten Slok, Apollo Global’s chief economist, is maintaining his prior forecast that the Fed won’t cut rates at all this year.

Persons: Jerome Powell, we’re, It’s, Powell, ”, ” Powell, Torsten Slok, Apollo Organizations: New, New York CNN, Federal Reserve, Fed, European Central Bank, CNN Locations: New York, “

The Russian officials took the proposal back to Moscow. It was a remarkably swift conclusion to years of painstaking negotiations between the US and more than half a dozen countries. Key to the deal was President Biden’s ability to persuade German Chancellor Olaf Scholz to release Krasikov, the Russian prisoner most keenly sought by Putin. Officials worked quietly throughout this year to get the German government to agree to release Krasikov — including entreaties from both Biden and Harris. President Biden sent a letter to Scholz in April, and the Germans at last agreed to release Krasikov in early June.

Persons: CNN —, Vadim Krasikov, who’d, who’s, Vladimir Putin, Paul Whelan, Evan Gershkovich, Bill Burns, Gershkovich, Whelan, Alsu Kurmasheva, Vladimir Kara, Murza, Kurmasheva, Joe Biden, Biden, Kamala Harris, Serdar Ozsoy, Biden’s, Olaf Scholz, Putin, Krasikov, Brittney Griner, Burns, –, Viktor Bout, Alexey Navalny, Brendan Smialowski, Antony Blinken, James Rubin, Blinken, Annalena Baerbock, Jake Sullivan, Harris, Scholz, “ Chancellor Scholz, “, Jake, ‘, ’, Sullivan, Navalny, Paul, Evan, ”, Ronald Wittek, Kara, Robert Golob, Kurmasheva’s, Hostage Affairs Roger Carstens, Carstens, Jeff Flake, ” Flake, Flake, ” Sullivan Organizations: CNN, CIA, Wall Street, White, Base Andrews, Aircraft, Ankara Esenboga Airport, US Marine, WNBA, State Department, National Security Council, Krasikov, Getty, German, National, Biden, Munich, Conference, US, Munich Security, Aspen Security, Street, Hostage Affairs Locations: Eastern, Russia, Russian, Berlin, Moscow, American, Turkey, Ankara, Chechen, Slovenia, Norway, Poland, Washington , DC, AFP, Germany, ”, Munich, Washington, Slovenian, Mordovia, “

☆ Carvana beats Wall Street's second-quarter expectations, guides toward record year
▼ + stars: | 2024-07-31 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

Shares of Carvana jumped as much as 14% during after-hours trading Wednesday as the company topped Wall Street's expectations for the second quarter and disclosed expectations for record adjusted earnings of at least $1 billion for 2024. The company's previous guidance for the year included a "sequential increase in adjusted EBITDA" for the second half of the year, but did not supply a dollar amount. If Carvana meets its 2024 earnings target, it would mark the company's third annual EDBITDA profit, including 2023's record of $339 million. Adjusted EBITDA was $355 million and adjusted EBITDA margin was 10.4%, both company records. The second-quarter results continue a massive turnaround for Carvana following Wall Street fears of bankruptcy for the company in early 2022.

Persons: Carvana, Ernie Garcia, Mark Jenkins Locations: Daly City , California

☆ Who was the Hamas chief killed in Tehran as the war in Gaza rages?
▼ + stars: | 2024-07-31 | by ( Jessie Yeung | ) edition.cnn.com time to read: +5 min

Hamas and Iranian state media said Wednesday that the 62-year-old had been killed in the Iranian capital Tehran. Hamas claimed Haniyeh was killed in an Israeli “strike” on his residence, while the Israeli military declined to comment when contacted by CNN. Haniyeh’s death strikes a significant blow to Hamas at a time when tensions are flaring across the Middle East over the devastating war in Gaza, and raises fraught questions about the future of negotiations between Israel and Hamas. Haniyeh was born in a refugee camp near Gaza City, and joined Hamas in the late 1980s during the First Intifada, or uprising. Iranian President Masoud Pezeshkian (right) meets Hamas political leader Ismail Haniyeh (left) at the president's office in Tehran, Iran, on July 30, 2024.

Persons: CNN — Ismail Haniyeh, Haniyeh, Masoud Pezeshkian, Ismail Haniyeh, ”, Sheikh Ahmed Yassin, Abdel Aziz Rantisi, Donald Trump, – Haniyeh, Israel, “, Bashar Taleb, Benjamin Netanyahu, Barak Ravid, Wang Kejian Organizations: CNN, Hamas, Ministry of Health, Getty, CNN Political, International Criminal Locations: Israel, Gaza, Hamas, Tehran, Israeli, East, Gaza City, Askalan, Ashkelon, Iran, United States, Washington, Jerusalem, Deir el, Qatar, Egypt, Rome

☆ Sha’Carri Richardson, chasing an Olympic legacy, has already made one back home
▼ + stars: | 2024-07-31 | by ( Marcus Thompson Ii | ) www.nytimes.com time to read: +13 min

On this same track, at this same school, in this same heat, Sha’Carri Richardson put in the same work. “And it’s Sha’Carri Richardson. Students practice at Carter High’s John E. Kincaide Stadium in Dallas, Texas, where Sha’Carri Richardson once plied her trade. They all know the name Sha’Carri Richardson. It’s community.”GO DEEPER Sha'Carri Richardson, with emphatic win at trials, closing in on Olympic glory(Top illustration: Dan Goldfarb / The Athletic; photo: Hannah Peters / Getty Images)

Persons: DALLAS —, David W, Willis Carrier, Kennedy Jackson, Miles, she’s, “ I’m, ”, Marcus Stokes, she’ll, “, they’re, Sha’Carri Richardson, Robert DeHorney, …, Richardson, Michael Johnson, Oak, ” Johnson, ” Sha’Carri Richardson, She’ll, Patrick Smith, Johnson, bloomer, Roy Martin, Roosevelt, Marlon Cannon, Derrick Cunningham, Cannon, Cunningham, Henry Neal, Dallas, Vance Johnson, Aliyah Johnson, —, they’ve, ” Richardson, Bowerman, Carter High’s John E, Aric Becker, Leon Hayes, Carter, Marion Jones, DeHorney, Cliff, Betty Harp, You’ve, ” Michael Johnson, Indya, ” DeHorney, “ She’s, Nasya Williams, Royaltee Brown, Christine Mallard, Kennedy, It’s Sha’Carri Richardson, Christian Petersen, She’s, ” Krystan, Bright, couldn’t, Blaze, ” Bright, Sha'Carri Richardson, Dan Goldfarb, Hannah Peters Organizations: David, Carter High School, Cedar, Hillcrest High School, Dallas, Texas, Hayward Field, U.S, Skyline High, Baylor, NCAA, Greenville High, Atlanta Games, Texas Relays, University of Texas, Indiana University, UT, LSU, Kincaide, Getty, Dallas Independent Schools, Leon Hayes Relay, Richardson, TCU, USC Locations: Jolly, Texas, loitered, Los Angeles, Paris, Dallas, North Dallas, North Texas, Eugene ,, Oak Cliff, South Oak, Carter, Cuban, Dallas , Texas, Memphis, overcomers, Cedar Hill, Sha'Carri

☆ Katie Ledecky cruises in 1500-meter freestyle to win gold, set Olympic record
▼ + stars: | 2024-07-31 | by ( Nicole Auerbach | ) www.nytimes.com time to read: +3 min

NANTERRE, France — American swimming star Katie Ledecky cruised to victory in an event that’s become synonymous with her name, earning her first Olympic gold medal of the Paris Games in the women’s 1500-meter freestyle Wednesday. Ledecky set an Olympic record with a time of 15:30.02. 🙌 Katie Ledecky adds another gold medal to her legendary career achievements.#ParisOlympics | 📺 NBC and Peacock pic.twitter.com/skbxzj1CAj — NBC Olympics & Paralympics (@NBCOlympics) July 31, 2024The Olympic gold medal is Ledecky’s eighth, which ties Jenny Thompson for the most for an American woman. Ledecky needs one more gold to tie Soviet gymnast Larisa Latynina for the most gold medals for any female Olympian. She won gold in her most dominant event in the most dominant fashion.

Persons: Katie Ledecky, Ledecky, Anastasiia Kirpichnikova, Germany’s Isabel Gose Organizations: Paris Games Locations: NANTERRE, France, American

☆ Fed holds rates steady and notes progress on inflation
▼ + stars: | 2024-07-31 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

watch nowWASHINGTON – Federal Reserve officials on Wednesday held short-term interest rates steady but indicated that inflation is getting closer to its target, which could open the door for future interest rate cuts. They also preserved a declaration that more progress is needed before rate reductions can happen. "In recent months, there has been some further progress toward the Committee's 2 percent inflation objective." Price pressures off 2022 peakEconomic data of late has indicated that price pressures are well off the boil from their peak in mid-2022, when inflation hit its highest level since the early 1980s. The Fed's preferred measure, the personal consumption expenditures price index, shows inflation around 2.5% annually, though other gauges indicate slightly higher readings.

Persons: Jerome Powell, Powell, Stocks, Price Organizations: WASHINGTON – Federal, Gross

It’s been a year since interest rates reached a two-decade high, but they may soon begin to reverse course. The Federal Reserve is expected to hold its benchmark interest rate steady on Wednesday, while signaling that a cut is possible when policy-setting officials meet again in September. If interest rates are elevated for too long, they risk weakening the employment picture. The central bank uses interest rates to influence the broader economy. Home-equity lines of credit and adjustable-rate mortgages — which each carry variable interest rates — generally rise within two billing cycles after a change in the Fed’s rates.

Persons: It’s, ” Jonathan Smoke, that’s, Freddie Mac, ”, Sam Khater, —, “ Banks, Ken Tumin Organizations: Federal, “ Manufacturers, Cox Automotive, Treasury, Savings Vehicles Locations: Edmunds

☆ Léon Marchand is the superstar and French sports hero these Olympics needed
▼ + stars: | 2024-07-31 | by ( Brendan Quinn | ) www.nytimes.com time to read: +10 min

NANTERRE, France — Léon Marchand has said he likes the silence underwater. That, six days into the 2024 Paris Olympics, is Marchand. #ParisOlympics pic.twitter.com/DEAEFeIxG4 — NBC Olympics & Paralympics (@NBCOlympics) July 31, 2024“I think that was why I was able to win that race,” Marchand said later. And when Léon Marchand swims, you see something different, and the French feel something different. GO DEEPER Meet Léon Marchand, the 'French Michael Phelps' ready to rule his home Olympics(Top photo of Léon Marchand on the podium after his 200-meter breaststroke win: Quinn Rooney / Getty Images)

Persons: France — Léon Marchand, he’s, Hungary’s Kristóf Milák, Marchand, you’ve, LEON MARCHAND, 🇫🇷#P, mpics &, Ja, Marc, ise, eck, egan, Lazar e stati, ros, Stef, cann, haru, ike, Xavier, swam i, Ryan Lo, Sarah S, Xavier M, Fran, e. Isola, ries Organizations: easts Locations: NANTERRE, France, Down, PARIS, ASU,

☆ Stocks will rally 5% in just 5 days after the Fed's rate decision this week, Fundstrat says
▼ + stars: | 2024-07-31 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The rally would be sparked by a dovish Fed FOMC meeting on Wednesday that all but confirms imminent interest rate cuts. "These are significant gains, implying the S&P 500 could gain 200-300 points in the next week," Lee said. "The key premise is the Fed is likely to commit to a September rate cut of at least 25bp. Lee's confidence in a strong rally post-Fed meeting is based on the fact that recent Fed meetings have sparked a big rally in stocks. "Here are some tangible reasons a Fed cut makes sense: 30-year mortgage has excess spread to 10-year due to uncertainty.

Persons: Tom Lee, Lee, — Organizations: Service, Fed, Nasdaq

☆ What happened in Iran and what we know about assassination of Ismail Haniyeh
▼ + stars: | 2024-07-31 | by ( Jessie Yeung | ) edition.cnn.com time to read: +5 min

CNN —The assassination of Hamas political leader Ismail Haniyeh in the Iranian capital Tehran has rocked the Middle East – threatening to further destabilize the region and jeopardize ceasefire negotiations between Israel and Hamas over the war in Gaza. And will this strike inside Iran prove to be the catalyst for a potential full-blown regional war? Despite that designation – and unlike Hamas’ military leadership – Haniyeh travelled globally, meeting with world figures as the political head of the organization. During the war with Israel in Gaza he has taken a central role in hostage and ceasefire talks between Israel and Hamas. Video Ad Feedback The assassination of Hamas' political leader deepens fears of an all-out war in the Middle East 03:58 - Source: CNNWhat has the world said?

Persons: Ismail Haniyeh, Haniyeh, –, Masoud Pezeshkian, IRNA, ”, – Haniyeh, Israel, ” Haniyeh, Barak Ravid, Lloyd Austin, Hezbollah’s, Fu’ad Shukr, “, Mustafa Badreddine, Shukr Organizations: CNN, Hamas, AP, CNN Political, Palestinian, US Locations: Tehran, Israel, Gaza, Iran, Fars, United States, Qatar, Egypt, Russia, Turkey, Lebanon, Yemen, Beirut, Syria

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