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☆ Most women in the US worry that abortion bans could put them or a loved one in danger, survey finds
▼ + stars: | 2024-08-14 | by ( Deidre Mcphillips | ) edition.cnn.com time to read: +3 min

About 1 in 7 women ages 18 to 49 say they have had an abortion, the KFF survey found. And the experience was similarly common among women across the political spectrum; about 14% of Democratic women and 12% of Republican women say they have had an abortion. But about two-thirds of women of reproductive age worry that abortion bans could affect the safety of a potential future pregnancy for them or someone close to them, or threaten their livelihood if an abortion is needed. More than 7 in 10 women in both states say that abortion should be legal in all or most cases, according to KFF survey data. Most women of reproductive age in the US – including more than 4 in 10 Republicans – support a nationwide right to abortion and oppose letting states determine the legality of abortion, the new survey data finds.

Persons: Roe, Wade, Court’s Dobbs, KFF, Dobbs, Dr, Sanjay Gupta, Kamala Harris, Donald Trump, Republicans – Organizations: CNN, Democratic, Voters, CNN Health, Republicans Locations: United States, KFF, Florida, Arizona

When 36-year-old Nelson Cheney was little, he began eating spicy peppers and sauces to impress his dad. Cheney, known by his social media handle “@craving_capsaicin” — a nod to the chemical compound that gives chili peppers their heat — got hooked on the adrenaline rush he feels when he eats extremely spicy foods. Both sour and spicy foods generate painful responses, though they activate different nerves in the body. “I’ve got so many people that went from not even eating hot stuff to having a tolerance and now eating spicy food daily. Children and teens tend to be most susceptible to social media challenges, which is why Trucco said parents should pay attention, too.

Persons: Nelson Cheney, Cheney, ” Cheney, “, he’s, ”, Elisa Trucco, Robert Pellegrino, ” Pellegrino, Paul Rozin, That’s, ” Rozin, it’s, Trucco, “ I’ve, ’ cravings, Edwin McDonald, ” McDonald, Chantel Strachan, Strachan, ” Trucco Organizations: Research, Adolescent, Child Health, Florida International University, Senses Center, University of Pennsylvania, University of Chicago Medical Center, Columbia University’s Vagelos, of Physicians and Surgeons Locations: TikTok, Philadelphia, Massachusetts

☆ They survived rape, death threats: LGBTQ+ asylum-seekers seek a life of safety, peace
▼ + stars: | 2024-08-13 | by ( Andrés González | Andrés González Is A Senior Producer With Msnbc. | ) www.nbcnews.com time to read: +8 min

Andres Gonzalez / NBC News“To live in Honduras and be part of the LGBT community is all about survival,” Gretta Mazariegos said. “I had to become a very resilient person for my brother,” Gretta Mazariegos said. Crawford said it is common for LGBTQ asylum-seekers to face barriers when collecting evidence and documentation, such as police reports and medical records. It might be that they had to flee so quickly, they couldn’t gather that type of evidence,” Crawford said. Gretta Mazariegos said there are "so many things I want to do," so many plans.

Persons: JERSEY CITY , New Jersey — Michelle Carranza, ” Carranza, Gretta Mazariegos, Isaac, Michelle Carranza, Andres Gonzalez, “, ” Isaac Mazariegos, Carranza, Gretta, ‘, ’ ” Carranza, Mazariegos, ” Gretta Mazariegos, ”, ‘ You’re, You’re, Joe Biden, Bridget Crawford, ’ ” Crawford, ” Crawford, Crawford, Michelle, Isaac Mazariegos Organizations: JERSEY CITY, NBC News, MSNBC, NBC, of American, Human Rights Watch, U.S . Customs, Carranza, U.S, Immigration Locations: JERSEY, JERSEY CITY , New Jersey, Honduras, of, Guatemala, Chiapas, Mexico, Tijuana, U.S, Latin America, Calexico , California, Villanueva, Trenton , New Jersey, “

Former Trump administration officials argue that more foreign students are involved in the campus protests and accuse the Biden administration and universities of withholding such information. He contended that it would be unconstitutional for authorities to try to deport them based solely on their expressing support for Hamas at protests. About 40,000 Palestinians have died in Gaza since Hamas’ terrorist attack on Oct. 7, according to local health officials. Kena Betancur / AFP - Getty Images fileBiden’s approachBiden administration officials told NBC News that Trump’s threats don’t match the realities of the country’s overburdened immigration system. It argued that the Education Department is purposely protecting “pro-Hamas foreign extremists on American college campuses” and failing to provide records on foreign students, or pro-Hamas activities, at schools.

Persons: Donald Trump, Biden, Trump, Ben Wizner, ” Wizner, ” Reed Rubinstein, Stephen Miller, aren’t, “, ”, Rubinstein, ‘, you’re, Seth, ” Trump, Benjamin Netanyahu’s, Kena Betancur, Jon Feere, isn’t, Feere, Kenneth Marcus, George W, Bush, Marcus, Louis D, ” Marcus, Vanessa Harmoush, Nerdeen Kiswani, hasn’t, Kiswani, ” Kiswani, Stephanie Keith, Daniel Richman, Richman, Edward Ahmed Mitchell, that’s, ” Mitchell, it’s Organizations: GOP, Republican National Convention, Democratic National Convention, NBC News, Trump, Israel, Harvard, Emory, University of Pennsylvania, Hamas, American Civil, Technology, America, Justice, “, Fountain, Washington , D.C, Seth Herald, Republicans, Congress, NBC, D.C, Israeli, Brooklyn Museum, Times, U.S, Popular Front, Liberation, Palestine, Columbia University, Getty, Biden, United States, State Department, Immigration, Customs Services, ICE, Center of Immigration Studies, Education Department, Justice Department, Department’s, Civil Rights, Brandeis Center for Human, Department of Education, IDF, Israel Defense Forces, Columbia Law, Islamic, CAIR wouldn’t, CAIR, don’t Locations: Israel, U.S, Chicago, Gaza, Columbia, Columbus, Washington ,, New Jersey, Palestinian, Washington, New York City, Brooklyn, Vandals, New York, Germany, AFP, United States, Palestine

☆ Russian artist released in swap builds a new life in Germany, now free to marry her partner
▼ + stars: | 2024-08-13 | by ( The Associated Press | ) www.nbcnews.com time to read: +8 min

That wasn’t an option in their native Russia, but it’s possible now that they live in Germany, which recognizes same-sex weddings. Subbotina campaigned for her partner’s release while also trying to make her life behind bars as tolerable as possible. Now, “I feel that I’m in a really free country,” Subbotina said, as they make plans for a life together in the quiet city of Koblenz in western Germany. The next day, Skochilenko was finally able to embrace Subbotina, who flew to Germany when she heard the news. Freed Russian artist Sasha Skochilenko shows a painting she made of herself in Koblenz, Germany.

Persons: Sasha Skochilenko, ” Skochilenko, Subbotina, ” Subbotina, Skochilenko, “, ”, —, “ We’ve, Vladimir Putin’s, ‘ Sonya, I’m, ‘, Andrei Pivovarov, Olaf Scholz, Freed, Michael Probst, ” They’ve, Sasha Organizations: Associated Press, Church, Russian Locations: Russia, Germany, East, Ukraine, Koblenz, St . Petersburg, Skochilenko, “, Moscow, Moscow’s, Ankara, Turkey, Freed Russian

☆ FAFSA rollout was 'a stunning failure,' college aid expert says. Here's how next year will compare
▼ + stars: | 2024-08-13 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

watch nowBy most accounts, the rollout of the new Free Application for Federal Student Aid, better known as FAFSA, was disastrous from the start. Even now, some college students don't know the status of their aid awards for the fall. "The Department's poor planning has led to a stunning failure: Some college students might not have financial aid dollars in their hands in time to start classes in the next few weeks," said Beth Maglione, interim president and CEO of the National Association of Student Financial Aid Administrators. Families 'are falling back on borrowing for college'For many families, financial aid is crucial when it comes to covering college costs, which have now crept into the six figures. The share of parents taking out federal parent PLUS loans to help cover the costs of their children's college education has also grown, other studies show.

Persons: Beth Maglione, Education Miguel Cardona, Mark Kantrowitz, —, Kantrowitz, Sallie Mae's, Jennifer Berg, Sallie Mae, " Berg Organizations: Federal Student Aid, National Association of Student Financial, U.S . Department of Education, Education Department, Department, Education, Finance, Harvard, College

☆ Georgia tops college football AP preseason poll for second year in a row
▼ + stars: | 2024-08-13 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +3 min

1 college football team in the annual Associated Press preseason Top 25 poll for the second season running. Georgia received 46 of 62 first-place votes and 1,532 points to comfortably top the poll ahead of the Ohio State Buckeyes, who received 15 first-place votes. 1 for the entirety of the regular season, before being defeated by Alabama in the Southeastern Conference (SEC) championship game. Brett Patzke/USA TODAY Sports/ReutersThe AP poll also tells the story of wider conference realignment in college sports. 4 Texas joins Georgia in the SEC for this season, while Oregon is now a Big Ten member alongside Ohio State.

Persons: Carson Beck, Mykel Williams, Smael Mondon, Malaki Starks, Kirby Smart, Smart, Brett Patzke, Jim Harbaugh, JJ McCarthy –, Nick Saban, Kalen DeBoer, Michael Penix Jr, Rome Odunze, Ole Organizations: CNN, Georgia Bulldogs, Associated Press, Georgia, Ohio State Buckeyes, Oregon Ducks, Bulldogs, Florida State, Orange, Alabama, Southeastern Conference, SEC, year’s College Football, Big, Ohio State, Notre Dame, Michigan, Los Angeles Chargers, Saban, NFL, Rome, . Oregon, Texas, Ole Miss, Penn, Florida, . Missouri, Utah, LSU, Clemson, Tennessee, Oklahoma, . Oklahoma, Kansas State, Miami, Arizona, . Kansas, USC, North Carolina State Locations: Georgia, Texas, Oregon, Florida, Washington, Alabama, ., Iowa

☆ The Federal Reserve Must Be Independent. Here’s Why. - The New York Times
▼ + stars: | 2024-08-13 | by ( Paul Krugman | ) www.nytimes.com time to read: +1 min

On Saturday, Kamala Harris was asked to respond to Donald Trump’s suggestion that the president should have a say in the Federal Reserve’s interest rate decisions. But why should the Fed be independent? The Federal Reserve’s legal status is complicated, but there’s no fundamental constitutional principle saying that elected officials must keep their hands off the money supply. Historically, central banks like the Fed have often been treated like ordinary government agencies, and not only under autocratic regimes. Why take this particular piece of policy out of the hands of elected officials?

Persons: Kamala Harris, Donald Trump’s, “, Trump, Biden Organizations: Fed, Wall Street, Trump, Bank of England, Britain’s Treasury Department Locations: Harris

CNN —Mediators in talks for a ceasefire agreement between Hamas and Israel are making a last-ditch effort to revive stalled negotiations as the Middle East braces for an Iranian attack on Israel. President Joe Biden announces a proposed ceasefire between Israel and Hamas in Gaza while delivering remarks in the State Dining Room at the White House on May 31 in Washington, DC. The militant group replaced Haniyeh with Yahya Sinwar, the hardline Hamas leader in Gaza who is one of Israel’s most wanted men. He is not interested in either a ceasefire or the full withdrawal of troops.”Why are Thursday’s talks so important? There have been some indications that Iran may abandon plans to attack Israel if a ceasefire deal is reached.

Persons: Joe Biden, Benjamin Netanyahu, Biden, ”, who’ve, Netanyahu, Chip Somodevilla, Ismail Haniyeh, Israel hasn’t, Yahya Sinwar, “ Haniyeh, “, Israel, Zahra, Omar Al, Thursday’s Organizations: CNN, Israeli, White, Thursday’s, Hamas, Getty, Israel, United Nations Locations: Israel, Qatar, Egypt, United States, Gaza, Rome, Washington ,, Rafah, Tehran, Iran, Palestinian, Shujaiya, Gaza City, AFP

New York residency is especially important to Mr. Kennedy because his running mate, Nicole Shanahan, lists California as her home. Mr. Kennedy, 70, an environmental lawyer, spends most of his time at a home in Los Angeles that he shares with his wife, the actress Cheryl Hines. “New York has been his residence continuously since 1964, and Mr. Kennedy has deep ties to it,” Mr. Savino said in the statement. Mr. Kennedy revealed the bear-dumping in a video he posted on social media just before a critical New Yorker profile that included the same anecdote was published. After the bear story became public — resulting in a barrage of public criticism and mockery — Mr. Kennedy sought to fire back, placing a post on X.com on Tuesday, attacking the “mainstream media.”“The more you smear me,” Mr. Kennedy wrote, “the more I’ll keep speaking.”

Persons: Robert F, Kennedy Jr, Kennedy, —, Kennedy’s, William F, Savino, “, ”, Paul Rossi, Christina L, Lis Smith, Donald J, Biden, Trump, Kamala Harris, Nicole Shanahan, Cheryl Hines, ” Mr, Barbara Moss, Ms, Moss, David Michaelis, Nancy Steiner, Steiner, Michaelis, Moss’s, Bobby, Mr Organizations: Clear Choice, Democrat, Constitution, Democratic National Committee, Democratic Party, Democratic, Trump, Mr, New, New York Post, Westchester, Yorker Locations: York, Albany, N.Y, New York, Manhattan, U.S, Michigan, North Carolina, Hawaii , New Jersey, North Carolina . New York, California, Los Angeles, Katonah, New York City, Westchester County, “, Central Park, X.com

☆ WNBA player Dearica Hamby files lawsuit against league and former team over alleged treatment while pregnant
▼ + stars: | 2024-08-13 | by ( Kevin Dotson | Steve Almasy | ) edition.cnn.com time to read: +6 min

The WNBA is “aware of today’s legal filing” and officials are “reviewing the complaint,” a WNBA spokesperson said. Hamby played for the organization from 2015 to 2022, winning a WNBA title in her last season. In May 2023, Hammon told reporters: “(Her pregnancy) wasn’t a problem, and it never was why we made the decision to move Hamby. The world champion Aces exiled Dearica Hamby for becoming pregnant and the WNBA responded with a light tap on the wrist,” Hamby’s attorneys said in Monday’s statement. Hamby recently won a bronze medal at the Olympics as a member of the US women’s 3x3 basketball team.

Persons: Dearica Hamby, Hamby, WNBA “, ”, she’d, “, Becky Hammon, Hammon, Hammon “, ” Hammon, “ Hammon, Sparks, Hamby’s, –, Terri Carmichael, ” Hamby, “ I’m Organizations: CNN, Las Vegas Aces, Aces, Los Angeles Sparks, WNBA, ”, ’, Olympics, Sparks Locations: Nevada, Las Vegas, San Antonio, America, LA

☆ Opinion | The Google Antitrust Case Must Not End With a Slap on the Wrist
▼ + stars: | 2024-08-13 | by ( Tim Wu | ) www.nytimes.com time to read: +1 min

A federal judge held last week that Google has a monopoly on online search and has been illegally defending that monopoly for years. The verdict is important and correct, yet it leaves open an important question: What should the remedy be? The government’s case centered on payments, which in 2021 totaled more than $26 billion, that Google pays Apple and others to be the default search engine on their products. In doing so, Google kept Apple out of the search market and, the judge ruled, weakened its other competitors. But if the court merely decrees that Google now abandon those agreements, it won’t be enough to unlock a long-monopolized market.

Persons: Amit Mehta Organizations: Google, Biden, Apple

☆ Atlantic front forming into tropical storm headed toward U.S. Virgin Islands
▼ + stars: | 2024-08-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +3 min

The potential cyclone was gaining strength rapidly enough that the center said it would most likely be a named tropical storm by the end of Monday. If so, the name Ernesto is in line for the next Atlantic storm. So far, the National Hurricane Center has not said the front was headed for hurricane status. It would be the fifth named storm of the Atlantic hurricane season so far, as indicated by its temporary name. It says near-record warmth in the tropical Atlantic is providing ample fuel for storm development.

Persons: Hurricane Debby, Ernesto, Martin, Sint Organizations: U.S ., Hurricane, National Hurricane Center, Atlantic, British, Puerto Rico, National Oceanographic, . Colorado State Locations: East, Hurricane, Antigua, U.S . Virgin Islands, Guadeloupe, St, Kitts, Nevis, Montserrat, Barbuda, Anguilla, Saba, Eustatius, Sint Maarten, Leeward Islands, U.S, Puerto, Caribbean

☆ CNBC Daily Open: Wall Street rebounds, investors to monitor earnings and inflation data
▼ + stars: | 2024-08-12 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

Traders work on the floor of the New York Stock Exchange during morning trading on May 31, 2024 in New York City. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Asia markets climb higherAsia-Pacific markets were mostly higher on Monday ahead of U.S. economic data later in the week. [PRO] Distinct marketWhile U.S. and Japanese indexes fell sharply amid recent volatility, the MSCI China index rose slightly, reinforcing China's distinct market status despite slower growth.

Persons: Disney, Indiana Jones, Donald Trump, Sen, Elizabeth Warren, Elon Musk, Elon Musk's, Warren, Tesla, Robyn Denholm, Musk, Hai Precision Industry —, —, Australia's, Hong Organizations: New York Stock Exchange, CNBC, Wall, Dow Jones, Nasdaq, Magic, Hollywood, Inc, Animal Kingdom, Trump, Trump Media, SpaceX, Twitter, Hai Precision Industry, SK Hynix, China's CSI, U.S Locations: New York City, U.S, Magic Kingdom, Disney's California, Friday's, Asia, Pacific, Taiwan, Australian, China

☆ Older Adults Do Not Benefit From Moderate Drinking, Large Study Finds
▼ + stars: | 2024-08-12 | by ( Roni Caryn Rabin | ) www.nytimes.com time to read: 1 min

Even light drinking was associated with an increase in cancer deaths among older adults in Britain, researchers reported on Monday in a large study. The study, which tracked 135,103 adults aged 60 and older for 12 years, also punctures the long-held belief that light or moderate alcohol consumption is good for the heart. The researchers found no reduction in heart disease deaths among light or moderate drinkers, regardless of this health or socioeconomic status, when compared with occasional drinkers. The study defined light drinking as a mean alcohol intake of up to 20 grams a day for men and up to 10 grams daily for women. (In the United States, a standard drink is 14 grams of alcohol.)

Locations: Britain, United States

It’s hard to condense a two-week period as jam-packed with memorable moments as these incredible Paris Olympics, but this is our best attempt. Bronze medalist Noah Lyles of Team United States reacts after competing in the Men's 200m Final on day thirteen of the Olympic Games Paris 2024 at Stade de France. Athletes dive into the Seine river to start the swimming stage of the men's individual triathlon at the Paris 2024 Olympic Games in central Paris on July 31, 2024. But Paris 2024 organizers insisted the water quality in the Seine was at a “very good” level on the morning of the individual triathlons. US' Cole Hocker crosses the finish line to win the men's 1500m final of the athletics event ahead of US' Yared Nuguse at the Paris 2024 Olympic Games.

Persons: Paris CNN —, Simone Biles, Biles, CNN Sport’s Coy Wire, ” Biles, “, ”, Imane Khelif, Khelif, Angela Carini, Carini, Algeria's Imane Khelif, Peter Cziborra, Reuters Peter Cziborra, Mark Adams, Khelif “, I’m, “ I’ve, Nabil Boudi, Katie Ledecky, Jenny Thompson, Ledecky, Katie Ledecky basks, CNN “, Philippe Katerine, Dionysus, Katerine, we’d, ” Katerine, Noah Lyles ’, Paris Noah Lyles, Kishane Thompson, Noah Lyles, Richard Heathcote, Justin Gatlin, Lyles, Botswana’s, Tebogo, Kenneth Bednarek, Anne, Christine Poujoulat, Léon Marchand, Leon Marchand, Quinn Rooney, Bob Bowman, Michael Phelps, Marchand, Yusuf Dikec, Ilayda, Cagla Gurdogan, Yusuf Dikeç, Dikeç, Turkey’s, Şevval Ilayda, Mondo Duplantis, Korea’s Kim Ye, Gabriel Medina, Kanoa Igarashi, Medina, Jerome Brouillet, Brazil's Gabriel Medina, Novak Djokovic, Djokovic outdueled Spain’s Carlos Alcaraz, Roland Garros, Djokovic, Rafael Nadal, Andre Agassi, Steffi Graf, Serena Williams, Carlos Alcaraz, Matthew Stockman, “ I’m, Sydney Mclaughlin, Tara Davis, Ryan Crouser, Cole Hocker, ANTONIN THUILLIER, —, Armand “ Mondo, Duplantis, USA’s Sam Kendricks, Karalis, Amanda Davies Organizations: Paris CNN, Paris, Olympic Games, Tokyo, Paris Olympics, CNN, CNN Sport’s, Reuters, International Olympic Committee, Olympic, Games, CNN Sport, “, Catholic, French Catholic Church, Paris Games, Stade de France, Team United, Getty, USA, Team USA, National Olympic Committees, Gold, Team France, Paris La Defense, Défense Arena, Tokyo Olympics, Agence France, Presse, Team Serbia, Spain, Woodhall Locations: France, Paris, Algerian, Los Angeles, French, Gaza, Ukraine, “, Jamaica, Athens, American, Lyles, Seine, AFP, Belgium, Switzerland, Nanterre, Turkish, Ankara, Turkey, Tahiti, Teahupo'o, Serbia, Tokyo, Swedish

Introduction to the Southwest Rapid Rewards® Plus Credit CardThe Southwest Rapid Rewards® Plus Credit Card is perfect for infrequent Southwest travelers who want some benefits with this airline without paying a high annual fee. Southwest Rapid Rewards® Plus Credit Card BenefitsThe Southwest Rapid Rewards® Plus Credit Card doesn't come with some of the other benefits offered by other Southwest cards, such as elite-qualifying points or travel credits. Southwest Rapid Rewards Plus Credit Card Annual Fee and Other CostsThe Southwest Rapid Rewards® Plus Credit Card, in addition to charging a $69 annual fee, also charges foreign transaction fees of 3% of the amount of each transaction in U.S. dollars. Southwest Rapid Rewards® Priority Credit Card vs. Southwest Rapid Rewards® Plus Credit CardThe Southwest Rapid Rewards® Priority Credit Card is Southwest's top-tier consumer credit card, and the one you should consider if you frequently fly Southwest. Southwest Rapid Rewards Plus Credit Card Frequently Asked QuestionsWhat are the main benefits of the Southwest Rapid Rewards® Plus Credit Card?

Persons: cardholders, HBO Max, they'll, you'll, Chase, Cardholders, You'll, Jasmin Baron, Read, Angela Fung Organizations: Business, Rewards, Card, Southwest, Rapid, Southwest ®, FDIC, Apple, Disney, ESPN, HBO, Hulu, Netflix, Pandora, Paramount, Showtime, Spotify, YouTube, Central America, U.S, Premier, Chase Southwest Rapid, Chase, Sapphire, Southwest Rapid, Southwest Airlines, Chase Bank, Finance Locations: Southwest, Hawaii, Caribbean, Mexico, Central America, U.S, Central, Southwest airfare, Chase, Canada

☆ Australian Olympian 'Raygun' went viral for her breakdancing moves. Now, she's defending them.
▼ + stars: | 2024-08-12 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +8 min

Gunn's time on the Olympic stage, however, was short-lived. The article examined how institutionalization in the Olympic games would impact the Australian breaking scene. Her now-husband, Samuel Free, introduced her to breaking in 2008 while they were at university, Gunn told The Sydney Morning Herald. Rachael "Raygun" Gunn competing at the 2024 Olympics in Paris. Advertisement(Raygun's full performances — and the rest of the 2024 Olympic events — are available to replay on Peacock.)

Persons: —, Rachael Gunn, France's Syssy, Lithuania's, Raygun didn't, i've, A5aqxIbV3H — David Mack, Gunn, Lucas Marie, Samuel Free, Women's, Rachael, Raygun, Ezra Shaw, RayGun, Breakdancing, ove, achael,, aris O lympics. Organizations: Service, Olympics —, Department of Media, Communications, Creative Arts, Macquarie University, Business, Olympic, Weekly, Sydney Morning Herald, Australian Breaking Association, aris O Locations: Sydney, Australia, United States, Paris, breakdancing

☆ 401(k) rollover advice rule is at risk. Here's what retirement savers need to know
▼ + stars: | 2024-08-12 | by ( Greg Iacurci | ) www.cnbc.com time to read: +3 min

Two federal district courts in Texas issued a national "stay" of the regulation, in separate rulings in July. The rule will "create a level playing field" for all trusted investment professionals, according to a Labor Department spokesperson. "The insurance industry can continue to advise investors and sell annuities, without giving advice that is imprudent, disloyal, or tainted by misrepresentations or overcharges," the spokesperson said. Current retirement rollover advice rules stay in effectIn the meantime, the current status quo remains in effect, attorneys said. Current rules let brokers give investment advice that earns them a higher commission but isn't in savers' best interests, the Labor Department said during the rulemaking process.

Persons: Julie Su, Chip Somodevilla, Fred Reish, Drinker Biddle, didn't Organizations: Getty, U.S, Northern, Northern District of, American, of, United States Department of Labor, Americans, Consumer Choice, Department of Labor, Labor Department, Department of Justice, Biden, National Association of Insurance, Financial Advisors, National Association Locations: Texas, Northern District, Northern District of Texas, ACLI, NAIFA, Dallas, Fort Worth

☆ The era of freeloading is officially over
▼ + stars: | 2024-08-12 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

But thanks to the fine-tuning of the tech that Corporate America uses to police subscriptions, those freeloading days are over. Costco and Disney this month took a page from the Netflix playbook and announced they are cracking down on account sharers. Disney’s streaming business — Disney+, Hulu and ESPN+ — only became profitable in the second quarter this year. Like Netflix, Costco is betting that you’re already emotionally invested in the routine and the satisfaction of getting a closet’s worth of toilet paper that can last the whole year. Last year, the store reported $4.6 billion in revenue from membership fees, and that accounts for the majority of its profit.

Persons: CNN Business ’, they’d, It’s Organizations: CNN Business, New York CNN, Thought Police, Costco, Netflix, America, Disney, Wall Street, Amazon, Apple, HBO, YouTube, Hulu, ESPN, Costco there’s Locations: New York

☆ Zelenskyy confirms Ukrainian troops are fighting in Russia
▼ + stars: | 2024-08-11 | by ( Freddie Clayton | Freddie Clayton Is A Freelance Journalist Based In London. | ) www.nbcnews.com time to read: +4 min

The unprecedented assault began on Tuesday, when up to 1,000 troops entered the Kursk region, according to Russian reports. In Ukraine, the country continues to battle Russia on domestic fronts, including a deadly air attack early Sunday on Kyiv. Belarus, a staunch ally of Russia, has also sent more troops to its border with Ukraine and said Saturday that Ukrainian drones had violated its airspace. Top Russian general Valery Gerasimov boasted last week that Ukrainian troops had been stopped, but Russia is yet to report pushing Kyiv’s forces back across the border. APBut advances into Russia come at a time when Ukrainian forces continue to struggle on several longstanding conflict zones inside its own borders.

Persons: Volodymyr Zelenksyy, Igor Kutsak, HANDOUT, Zelenskyy, Vladimir Putin, Valery Gerasimov, Aleksei Smirnov, Vitaliy Klitschko, ”, Andriy Yermak Organizations: Kremlin, Moscow, Kyiv, Getty, Federal, Terrorism, Ukrainian, Air Locations: Russia’s, Kursk, Ukraine, Russia, AFP, Russian, Belarus, Kyiv, Korean, Pyongyang, Moscow

☆ China stocks escaped much of the latest sell-off. Signals for whether to buy
▼ + stars: | 2024-08-11 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +7 min

The latest global market volatility has reinforced China's status as a distinct market, even if its growth has slowed recently. While U.S. tech stocks plunged and Japanese stocks swung wildly in a historic two days of price action , Chinese stocks suffered less . The investors remained net buyers of Chinese stocks for the third quarter so far as of Aug. 6, the data showed. Finally, the low correlation of the China stock market with the U.S. stock market could provide investors with diversification benefits." Chinese stocks, especially those traded on the mainland, have historically been less correlated to global market moves due to Beijing's capital controls and other restrictions.

Persons: Matt Wacher, William Yuen, Invesco, That's, Steven Sun, Paul Christopher, Morningstar's Wacher, it's, Wacher Organizations: Nasdaq, Nikkei, Morningstar Investment Management, U.S, HSBC, Technology, Shanghai —, Bank of, Federal Reserve, Treasury, HSBC Qianhai Securities, National Bureau, Statistics, Wells, Wells Fargo Investment Institute, Index Locations: Asia, U.S, Shanghai, China, Pacific, EPFR, Hong Kong, Bank of China, Wells Fargo

☆ Debby's floodwaters trigger emergency and disaster declarations in New York, New Jersey and Pennsylvania
▼ + stars: | 2024-08-10 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com time to read: +6 min

Debby's influence remained strong on Friday, when the National Weather Service warned that rainfall could reach 15 to 25 inches in the Northeast and New England. Major flooding hit Tioga County, Pennsylvania, and neighboring Steuben County, New York. Binghamton, New York, measured 1.94 inches of rain and Avoca, Pennsylvania, saw 1.43 inches, according to the service. More than 362,000 utility customers in Ohio, New York, Pennsylvania, New Jersey and Vermont were without power early Friday evening, according to utility tracker PowerOutage.us. Authorities in Berkeley County, South Carolina, said early Friday that 2 to 3 feet of fast-moving water was rushing through streets of Moncks Corner, north of Charleston, prompting multiple rescues.

Persons: Debby, Kathy Hochul, Josh Shapiro, Hochul, Way, Marc Rice, Shane Nickerson, John F, Roy Cooper Organizations: National Weather Service, . New York Gov, Tahesha, Pennsylvania, Hershey, LaGuardia Airport, John, Kennedy International, Amtrak, Penn, York Yankees, Texas Rangers, Station, Washington , D.C, Richmond Staples, Gov, Emergency Management Locations: New England, East, Carolinas, Vermont, Canada, Northeast, South Carolina, New Jersey, Tioga County , Pennsylvania, Steuben County , New York, Tioga County, Steuben, Addison, Jasper, Steuben County, Johnson City , New York, Pennsylvania, Syracuse , New York, Binghamton , New York, Avoca , Pennsylvania, Ohio , New York , Pennsylvania, United States, New York, New, Stamford , Connecticut, Friday's, Washington ,, Richmond, Virginia, Berkeley County , South Carolina, Charleston, , South Carolina, Great, Mississippi, Minnesota

☆ Florida man who attacked a postal carrier in a hijab gets 3 years in federal prison
▼ + stars: | 2024-08-10 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +3 min

Postal Service carrier was sentenced Friday to three years in federal prison. “No one should live in fear of being targeted because of their religious beliefs,” First Assistant U.S. Attorney Michael Davis said said in the attorney’s office statement. The carrier, identified only as a 47-year-old woman of Muslim faith, took note, prosecutors and investigators said in the criminal complaint filed against Pinkney. "Go back to your country," the defendant allegedly told the carrier, according to the U.S. attorney's statement on Friday. She got inside the truck, where Pinkney grabbed her neck and, after a struggle, pulled off her hijab, the U.S. attorney's office said.

Persons: Kenneth Pinkney, “, ”, Michael Davis, Prosecutors, Pinkney, Jeffrey B, Veltri Organizations: U.S . Postal Service, Attorney's, Southern, Southern District of, Prosecutors, FBI Locations: Florida, U.S, Fort Lauderdale, Southern District, Southern District of Florida, Broward County, Israel, FBI Miami

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