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Still, as the U.S. men’s team starts its Olympic run Sunday, it begins with a roster that has drawn countless comparisons to the Dream Team. On paper, the U.S. men’s team is arguably the best team assembled since 1992. Durant is the most prolific scorer in U.S. men’s history and could, if the Americans win gold in Paris, become the most decorated Olympic men’s basketball player. A loss in the knockout stages, when there are no more second chances, and a Dream Team redux becomes a historic nightmare. In that scenario, the U.S. men’s team would be remembered forever, even if not quite held in the same reverence as the Dream Team.
Persons: Michael Jordan’s, Rod Thorn, Russ Granik, David Stern, Charles Barkley, Karl Malone, Larry Bird, Magic Johnson, Thorn, Jordan, Simone Biles, Michael Phelps, Jesse Owens, Carl Lewis, , ” Granik, LeBron James, Stephen Curry, Kevin Durant, ” Curry, Gregory Shamus, Barkley, Bird, Magic, we’re, , Anthony Davis, James, Curry, Durant, Michael, Larry, Joel Embiid, Jrue Holiday, Jayson Tatum, Kawhi Leonard, Leonard, Embiid, Durant couldn’t, Christian Laettner, Nikola Jokić, Giannis Antetokounmpo, Shai Gilgeous, Alexander, Victor Wembanyama, Wembanyama, who’s, Duke, Steve Kerr, ” Kerr, Gregg Popovich, Popovich, ” James, ” Davis, hasn’t, Wembanyama's, Tim Clayton, Corbis Organizations: Paris Games, PARIS, Team USA, Chicago Bulls, Barcelona Games, , U.S, men’s, Dream, Paris, NBA, South, Atlanta Games, USA Basketball, Serbia, Games, Olympic, South Sudanese, American, Lille Olympics, Oklahoma City Thunder, French, FIBA, U.S ., Dream Team, Team, France, Getty Locations: United States, I’m, , Europe, Africa, Asia, Australia, South America, South Sudan, Germany, U.S, USA, Jordan, Paris, Cameroon, London, Barcelona, Lille, France, Belgian, Serbia, Greece, Canadian, basketball, Tokyo
Paris CNN —Competition is already underway in Paris for the 2024 edition of the Summer Olympics and Team USA is set to take to the River Seine Friday for the Opening Ceremonies. It was the biggest shock of the Tokyo Games and left many observers wondering if the career of one of the most incredible athletes of all time had just ended in a flash. Noah Lyles competes in the men's 200 meter semi-final on Day Eight of the 2024 U.S. Olympic Team Track & Field Trials at Hayward Field on June 28, 2024 in Eugene, Oregon. Sha’carri RichardsonSha'Carri Richardson wins women's 200m heat in 21.99 for the top time during the US Olympic Team Trials at Hayward Field. Sophia SmithHeading to her first Olympics, Smith is the leading light of a new generation of stars for the US Women’s National Team.
Persons: Simone Biles Simone Biles, Laurent Landi, Matthias Hangst, Biles, isn’t, , LeBron James It’s, James –, James, LeBron James, Altaf Qadri, James ’, Coco Gauff, Katie Ledecky, Ledecky, Sarah Stier, Noah Lyles He’s, Noah Lyles, Patrick Smith, Jamacia’s Kishane Thompson, Thompson’s countryman, Usain Bolt, Sha’carri Richardson Sha'Carri Richardson, Kirby Lee, Richardson, Caeleb Dressel, Dressel, USA's Caeleb Dressel, Jonathan Nackstrand, he’s, It’s, Sophia Smith, Smith, it’ll, Tierna Davidson, Jason Mowry, Sunisa Lee, Sunisa, Lee, Jamie Squire, A’ja Wilson Wilson, Caitlin Clark, Angel Reese, A'ja Wilson, Derek White, Wilson –, Clark, Wilson, Paris, Sydney McLaughlin, McLaughlin, Levrone, Charlie Neibergall, Femke Bol, Bol Organizations: Paris CNN —, Summer Olympics, Team, Team United States, FIG, Antwerp, Olympics, Tokyo Games, US, Athens Games, Los Angeles Laker, Australia, United, United Arab Emirates, Northside Swim Center, Team USA, Games, Olympic, Hayward Field, US Olympic, Hayward, USA, Reuters, Tokyo, Tokyo Aquatics, Getty, National Team, Portland Thorns, Canada, Russian, Las Vegas Aces, Atlanta, Gateway Center, College Park ,, U.S Locations: Paris, France, Antwerp, Belgium, Tokyo, Rio de Janeiro, Athens, Abu Dhabi, United Arab, USA’s, San Antonio , Texas, Eugene , Oregon, AFP, United, United States, American, College Park, College Park , Georgia, Eugene ,
She is six feet tall, speaks with a central Georgia drawl and smiles as if she’s keeping the best secret. During the W.N.B.A.’s All-Star weekend, she jumped into a whole new tax bracket. Her salary this year is $185,000, but she earned an additional $115,150 on Friday by winning the league’s 3-point contest and skills competition. Her situation illustrated a theme of the league’s All-Star festivities. There is more money than ever coming into the W.N.B.A.
Persons: Allisha Gray, Caitlin Clark, Angel Reese Organizations: Atlanta Locations: Georgia
The situation finally appeared to be returning to normal Wednesday: Delta canceled only 51 flights as of 6 am ET, according to tracking service FlightAware, or only about 1% of its schedule. But it could still take days to get all Delta passengers who had been booked on those canceled flights to where they wanted to go. Delta passengers try to find their bags after canceled and delayed flights at Hartsfield-Jackson Atlanta International Airport on Monday. But it’s not like Delta executives were sitting on the sidelines during Southwest’s struggles thinking, “’Well we really are an amazing airline. Travelers wait in line at the Southwest Airlines ticketing counter at Nashville International Airport after the airline canceled thousands of flights in Nashville, Tennessee in December 2022.
Persons: New York CNN — It’s, Delta, Jessica McGowan, Kathleen Bangs, Ed Bastian, it’s, ’ ” Bangs, Seth Herald, We’ve, Chris Perry, Bangs, she’d, aren’t, Organizations: New, New York CNN, Delta Air Lines, Delta Connection, Delta, Department of Transportation, Hartsfield, Jackson Atlanta International Airport, CNN, , Southwest Airlines, Nashville International, Getty, Southwest Locations: New York, Atlanta, Southwest, Nashville , Tennessee, AFP
Chad Le Clos aims for second Olympic gold, aged 32
  + stars: | 2024-07-23 | by ( Daniel Renjifo | ) edition.cnn.com   time to read: +10 min
Chad Le Clos: I’ve just turned 32, so obviously it’s a little bit of a different stage in my life. What it means for everyone in my, let’s say, Chad Le Clos bubble. Chad Le Clos (left) and Michael Phelps (right) show off their medals at the 2012 London Olympic Games. Chad Le Clos after competing in a semi-final of the men's 100m butterfly, at the 2024 World Aquatics Championships in Doha, February 16, 2024. Le Clos: I’m pretty confident I’ll be in LA, respectfully.
Persons: Chad Le Clos, , Dirk Lange, Le Clos, Michael Phelps, FABRICE COFFRINI, I’ve, Phelps, Penny Haynes, I’m, You’ve, Sebastien Bozon, Michael Phelps’s, That’s, don’t, Michael, you’ve, dog’s, we’ll Organizations: CNN, Paris Olympics, Commonwealth Games, London, AFP, Getty, Olympic, Paris, Athens Olympics, Atlanta Olympics, , Getty Images CNN Locations: South, Tokyo, Germany, South Africa, German, Melbourne, Durban, AFP, London, Beijing, Doha, Budapest, Los, LA
Two renters pose in front of their new home that they're renting from Roots, a program that helps renters invest in real estate. Then Hunnicutt found a $1,050-per-month two-bedroom apartment tied to Roots, a real estate investment trust based in the Atlanta area that aims to help renters of the properties in its portfolio build wealth toward homeownership. Will Hunnicutt with his dog Bailey in his Atlanta home that he rented through Roots, a company that helps renters build wealth by investing in real estate. As buyers continue to struggle with home affordability, experts say programs that help with down payments may be worth another look. One barrier toward homeownership is having enough savings for a down payment.
Persons: Katie Curran, Will Hunnicutt, Hunnicutt, Bailey, It's, They're, homebuyer Organizations: CNBC, SurveyMonkey, National Association of Realtors, PMI, Mortgage Locations: Atlanta, U.S
Delta is still melting down. It could last all week
  + stars: | 2024-07-23 | by ( Chris Isidore | ) edition.cnn.com   time to read: +4 min
Frustrated passengers and crewsThe problems left tens of thousands of frustrated Delta customers stranded and unable to return home. Delta crew members are dealing with similar frustrations. Some Delta crew members also are unable to get hotel rooms and are sleeping at airports. This week, Delta remained in the dark about the whereabouts of its crew members. Delta also declined to comment on these offers to crew members.
Persons: Rahul Samant, ” Samant, Ed Bastian, , Ed, , Delta, Raymond James Organizations: New, New York CNN, Delta Air Lines, Endeavor Air, Delta Connection, Delta, IT, , CNN Locations: New York, Atlanta, Delta
Opening Ceremony like no-otherThe Opening Ceremony of the Paris Olympics is set to take place on July 26 and will be the first ever held on a river. For years, French officials had boasted that some 600,000 people would attend the Opening Ceremony, but that number has been slashed due to safety concerns. He said a “strictly controlled” zone alongside the banks of the river will be closed off before the Opening Ceremony and anyone entering into it would be checked. The Opening Ceremony will be held alongside the banks of the River Seine. The Stade de France is where track and field events and Rugby Sevens matches will take place at the Paris Olympics.
Persons: Gérald Darmanin, Darmanin, Nicolas Nordman, , Gonzalo Fuentes, Nordman, Denis, Dale Buckner, ” Buckner, ” Darmanin, , Eric Chasboeuf, Thomas Padilla, “ I’ve, ” Chasboeuf, Buckner Organizations: CNN, Summer, Games, Palestinian, Atlanta Games, Reuters, Paris, Paris Mayor, Olympic, Stade de France, Rugby Sevens, Global Locations: Paris, France, Saint
Ms. Cheatle joined the Secret Service in 1995 and spent more than two decades there before leaving in 2021 to lead the North American security operations for PepsiCo. Ms. Cheatle, 53, is the second woman to lead the Secret Service. By the time she had graduated from college four years later, Ms. Cheatle had applied for a job at the Secret Service, the newspaper said. At the Republican National Convention on Wednesday, two Republican senators chastised Ms. Cheatle in a confrontation that was captured on video. An internal Secret Service investigation of the shooting is underway, as are several inquiries in Congress.
Persons: Kimberly, Donald J, Trump, Kimberly A, Bill Clinton, Dick Cheney, Cheatle, Biden, Cheney, Barack Obama’s, Jill Biden, Charles Marino, , , Ms, Marsha Blackburn of, John Barrasso of, Anthony Guglielmi, Cheatle “, Mr, Guglielmi Organizations: Capitol, Secret Service, North, PepsiCo, Service, Security Magazine, Eastern Illinois University, The News, Gazette, World Trade Center, Pentagon, Mr, ABC, Republican National Convention, Secret Locations: Illinois, Danville , Ill, Chicago, Detroit, Atlanta, Laurel , Md, Butler, Pa, Marsha Blackburn of Tennessee, John Barrasso of Wyoming
Travelers wait in line at a Delta Airlines counter at Ronald Reagan National Airport in Arlington, Virginia, on July 19, 2024. Airlines around the world experienced disruption on an unprecedented scale after a widespread global computer outage grounded planes and created chaos at airports. Delta Air Lines CEO Ed Bastian apologized and offered frequent flyer miles to travelers for lingering flight disruptions on Sunday as the carrier struggled to recover from Friday's globe-spanning IT outage. The airline was offering flight attendants extra pay to pick up shifts, a staff memo on Sunday said. The delays and cancellations are putting Delta in a rare spotlight for the carrier whose leaders pride themselves on reliability and punctuality.
Persons: Ed Bastian, Bastian Organizations: Delta Airlines, Ronald Reagan National Airport, Airlines, Delta Air, airline, American Airlines, Delta, Microsoft, Southwest Airlines Locations: Arlington , Virginia, Atlanta, Delta
Watching “Barbie” so much defined the back half of my 2023. The summer of “Barbie” was one of my happiest, when I felt truly connected to my fellow humans. Watching “Barbie” again and again nudged me out of an isolation I hadn’t even realized I’d imposed. Once Gosling finished his dazzling Oscars performance of “I’m Just Ken,” “Barbie” fever officially ended. But we’ll always have our “Barbie” summer.
Persons: “ Barbie, ” I’ve, I’ve, Barbie ”, “ Barbie ”, Barbie, Ryan Gosling, Ken, Will Ferrell, ” John Cena, Margot Robbie, , ” Oppenheimer, “ Oppenheimer, Nolan, Stephanie Keith, Stephen Malkmus, Issa, America Ferrara, who’s, nudged, ‘ Barbie ’, Helen Mirren’s, , Barbara ”, Greta Gerwig’s, Gosling, “ I’m, I'm, ergy, who’d, It’s, we’ll Organizations: CNN, Sex, Warner Bros ., Warner Bros, America, Gran Turismo Locations: pinks, Barbie, Robbie’s, Atlanta
CNN —Special counsel Jack Smith said Wednesday that he is appealing a judge’s decision to throw out the indictment against Donald Trump concerning his handling of classified documents. This means the shock ruling would be reviewed by judges from the 11th US Circuit Court of Appeals based in Atlanta. Cannon in her ruling on Monday had said that Smith’s appointment as special counsel was unconstitutional, warranting the dismissal of the case against Trump. Her decision was at odds with the rulings of judges across the country that rejected attacks on the legality of special counsel appointments. Absent a move to speed the appeal in the Trump documents case, it will likely take several months for the appeal to play out in the Atlanta-based appeals court.
Persons: Jack Smith, Donald Trump, Aileen Cannon, Cannon, Trump, Mark Meadows, George W, Bush, Smith, Walt Nauta, Carlos De Oliveira —, Merrick Garland, Smith —, Clarence Thomas, Thomas Organizations: CNN, Trump, FBI, Trump White House, Justice Department, Supreme, Circuit Locations: Atlanta, Mar, Lago, Georgia, Fort Pierce , Florida, Washington ,, Florida , Alabama
CNN —Aliyah Boston and Caitlin Clark put in strong performances as the Indiana Fever continued its solid run with a 81-74 victory over the Minnesota Lynx on Sunday. The victory is Indiana’s second on the bounce and means it now has a 6-4 record in the last 10 games. And I think we’ve won every game where we’ve held our opponents to under 84 points, so 74 is really good for us,” the 22-year-old point guard told reporters. It was the second game in a row where Mitchell, Clark, Boston and NaLyssa Smith all scored in double figures. Boston shoots the ball against Alanna Smith of the Minnesota Lynx in the first quarter.
Persons: Caitlin Clark, Boston, Clark, , Sue Bird, we’ve, we’re, Kelsey Mitchell, Leilani Mitchell, Mitchell, NaLyssa Smith, Alanna Smith, David Berding Organizations: CNN, Aliyah Boston, Indiana Fever, Minnesota Lynx, Target, Phoenix Mercury, Minnesota, Dallas Wings, Atlanta Locations: Minneapolis, Boston
Roberto Schmidt | AFP | Getty ImagesIt's no secret that the housing market looks far different than it did a few years ago. While surging mortgage rates and housing prices have taken away consumers' purchasing power, low supply has kept the market competitive. A higher rate, in reality, results in more interest due on a home loan. Housing prices are also central to the equation for everyday Americans decision how much, or if, they can afford to spend. One from the National Association of Realtors found affordability tumbled more than 33% between 2021 and 2023 alone.
Persons: Roberto Schmidt, it's, Dow Organizations: AFP, Getty, Dow Jones, National Association of Realtors, Atlanta Federal, Atlanta Fed Locations: Clarksburg , Maryland
A double whammyFor aspiring homebuyers such as Burress, the combination of high mortgage rates and rising list prices has left them feeling boxed out. The 30-year mortgage rate, a popular option for home financing in the U.S., has bounced around 7% for the past several months. Given this, co-author Jonah Coste said current owners touting these low mortgage rates are undoubtedly better off than those looking to buy a first home today. After welcoming three kids, they're holding off on a fourth until mortgage rates or home prices come down enough to upsize. To be clear, mortgage rates tend to follow the path of Fed-set interest levels, but they aren't the same thing.
Persons: Brandon Bell, Rachel Burress, Burress, who've, that's, That's, Jonah Coste, there's, They're, Coste, they're, Luke Nunley, Nunley, We'd, Jeffrey Roach, LPL, Roach, hasn't, It's, Daryl Fairweather, Lindsey Nicholson Organizations: Getty, Atlanta Federal Reserve, Atlanta Fed, Federal Housing Finance Agency, National Association of Realtors, Federal Reserve, Corcoran Realty, UCG Locations: Austin , Texas, Fort Worth , Texas, Aledo, U.S, Atlanta, Kentucky, Forest Hills, Queens , New York
CNBC's Jim Cramer shared his assessment of Delta Air Lines stock, which reported a revenue miss on Thursday. He said investors should understand that there is a difference between Delta as a stock and Delta as a company. Delta the airline stock is only as good as the weakest competitors, because they're leading a race to the bottom, and that's killing it." Management reported robust summer travel demand, with CEO Ed Bastian saying on the earnings call that TSA travel volumes were up 7% from the year-earlier period. "If you're going to buy a stock, any stock, first see how it's done over time.
Persons: CNBC's Jim Cramer, we've, they're, Ed Bastian, Bastian, Cramer, Thursday's, bode Organizations: Delta Air Lines, LSEG, Management, TSA, Delta Locations: Delta, U.S, Atlanta
But increasingly, there are signs that the job market is losing some steam. Whether it's hard data like the unemployment rate or sentiment-based surveys of businesses, it's clear that the labor market has cooled off. It's clear that the Federal Reserve should be the force to slow down the sliding job market. The job market is at an inflection pointThe emergence of the US from the worst of the pandemic shutdowns in early 2020 helped usher in a historic boom for the labor market. If 3% growth could not keep unemployment from climbing in 2023, why would the unemployment rate remain stable in 2024 if growth comes in substantially lower?
Persons: Beveridge, Taylor, Jerome Powell, Powell Organizations: Federal, Fed, Atlanta, Federal Reserve
Delta Air Lines on Thursday forecast record revenue for the third quarter thanks to booming summer travel demand, but its forecast fell short of analysts' estimates as carriers discounted fares after expanding flights. Adjusting for one-time items, Delta reported earnings of $1.53 billion, or $2.36 a share, in line with analysts' estimates. Delta said corporate travel continues to increase and that most customers expect to maintain or grow their corporate travel spending this quarter and after. Revenue from international travel has been strong since the pandemic waned, though airlines have expanded schedules, meaning more competition for customers. In the current quarter, Delta expects to break more revenue records.
Persons: Delta, Ed Bastian, Bastian, LSEG Organizations: Delta Air Lines, Delta, U.S, LSEG, Revenue, CNBC, Air France, Rival United Airlines, American Express Locations: Atlanta, U.S, Paris, Delta
A handful of states, including Texas and Nevada, have set up dedicated systems designed to restore tenants to their homes after an illegal lockout. She and her family still don't have a new apartment, she said, and the eviction cases on her record don't help. BI reviewed two years' worth of lockout cases from the department and found city lawyers routinely dismissed tickets, often without documenting why. Bridget Bennett for Business InsiderThat afternoon, Brown had three cases on his docket in which tenants were alleging they'd been illegally locked out and dozens of cases in which landlords were seeking formal evictions. In 2022, Miami-Dade County passed a tenant's bill of rights that underlines the illegality of lockouts and limits a landlord's ability to harass tenants.
Persons: Henisha Dunn, Dunn, Zion Griffin, Griffin, Dunn's, Alyssa Pointer, , Caryn Schreiber, Paul Panusky, He's, Jeffrey Uno, Uno, David Brogan, Griffin's, didn't, Brandon Johnson, Abel Uribe, Rolando Quebrado, lockouts, Quebrado, Pangea, Troy Marr, Marr, James Byczek, Byczek, Michael Dudek, wasn't, Dudek, Marr's, lockouts that's, David Brown, Bridget Bennett, Brown, they'd, They're, doesn't, Dana Karni, Karni, Brooke Boyett, Harris, Marlon Coleman, Coleman, Shay Awosiyan, Mr, Awosiyan, he'd, Callaghan O'Hare, Schreiber, Jay Trumbull, Trumbull, Tom Butler, Ron DeSantis, Joe Raedle, Florida's, Austin, Coleman's Organizations: Business, BI, Survey, Department of Justice, Legal, Foundation of Los, New, Apartment Association, Atlanta Legal, Chicago police, Police, Chicago, Nevada Business, Regional Justice Center, Las Vegas Regional Justice Center, Las Vegas Justice, Justice, Lone Star Legal, Harris County's, Administration, Houston, Texas Excel Property Management, Houston Police Department, Excel's Villa Nueva, Texas Excel, Apartments, Republican, Florida Realtors, Gov Locations: Georgia, New Jersey, Minnesota, California, Texas, Nevada, New York, Atlanta, Michigan, Foundation of Los Angeles, Fulton County, Chicago, Chicago's Jefferson, They're, Las Vegas, Harris County, Houston, In Texas, Harris, Greater Inwood, Miami, Dade County, Florida, Dallas, Applebee's
The nature of illegal lockouts means they are hard to track directly. One of the responding officers calls a sergeant over, who says there's nothing else they can do. While only 14% of lockout calls led to a police report, 86% of calls about shoplifting did. As they walk over, one of the officers tells the other to look up "illegal lockout" on his phone. A 2006 bill that would have defined illegal lockouts for all Illinois residents was defeated.
Persons: Alfred Perry, He'd, Perry, Dan Wright, Perry didn't, Wright, Bridget Bennett, Dan hadn't, I'd, he'd, Charlie Bliss, Matthew Desmond, Lockouts, Jersey City's, haven't, he's, David Leibowitz, Leibowitz, , Pretium —, Kristi DesJarlais, Siegel, Sean Thueson ​, , Thueson, Blackstone, lockouts, Pretium, Katherine Kelly, RealPage, Jennifer Bowcock, William Prosser ,, they're, Donna Rossi, Sara Heymann, Meghan Aguilar, Misty Skinner, Skinner, Levi Wilhelm, It's, hasn't, I've, Wilhelm, they'd, Jeffrey Uno, Deirdre Orange, isn't, Daniel Benavidez, Jenny Chavez, criminalizing, Rob Bonta, Eric Carter, John Bartlett, Carter, Fred Fuchs, Steve Cohen, Michael Bennet, Sarah Saadian, Douglas Farrar, Kelly, Fuchs, Heymann, who've Organizations: Labor, Chrysler, Social Security, Business, North Las Vegas Police Department, Child Protective Services, Las Vegas Justice, Atlanta Legal, Atlanta Police Department, Atlanta, Supreme, Department of Housing, Los Angeles Police Department, Houston —, Arizona, Housing Association, Invitation Homes, Siegel, Siegel Group, Blackstone ., Progress, Homes, Union, city's Housing Department, Miami, Police, Houston, Houston Police Department, Phoenix, Criminal, Chicago, Chicago Department, LAPD, Records, Jersey City, Las Vegas Metropolitan Police Department, Las Vegas Metro Police, Legal, Foundation of Los, Phoenix Police Department, Fulton County Marshal's Department, Avondale Police Department, Avondale Police, Metropolitan Tenants Organization, Texas Justice Court, Court Training Center, Illinois, National Weather Service, Democratic, Senate, Income Housing Coalition, Consumer Financial Protection Bureau, Federal Trade Commission, FTC, AGs Locations: Las Vegas, Detroit, Vegas, United States, Perry's, Princeton, Milwaukee, Los Angeles, Chicago, Atlanta, South Chicago, Phoenix, Jersey, New Jersey, Jersey City, Houston, Nevada, . Texas, Harris County, Texas, Arizona, Washington, city's, Atlanta , Miami, California, New York City, Spring Valley, Spring Valley , Nevada, Las, Foundation of Los Angeles, Avondale , Arizona, Arkansas, Georgia , Mississippi, Pennsylvania, Wyoming, In Connecticut , Massachusetts, Minnesota , New Jersey, New York, Delaware, Illinois
“My cart looks ridiculous,” said Ms. Uhuru, 48, who supplements her hauls with vegetables grown in her garden. “People think I am a shift shopper.” Sylvia Jarrus for The New York Times, including previous image. Sawyer’s April Shopping Total shopping trips: 14 Impulse purchases: Castelvetrano olives ($5.99) and sparkling water (prices vary) Share of drinkable purchases: 70 percent What might a stranger notice if she peered into Sawyer Bonsib’s cart? “The old adage ‘Don’t go grocery shopping when you are hungry,’ applies triply during Ramadan,” he said. “Or my toddler will gnaw on a tortilla while I’m making dinner.” Jessica Attie for The New York Times, including previous image.
Persons: , creamer, Jackie Kesterson, haven’t, , , Kesterson, Rebecca Gratz, Kimberly Uhuru Detroit, Kimberly Uhuru, Uhuru, ” Sylvia Jarrus, Sawyer, Mr, Bonsib, Alcoholics Anonymous, isn’t, ” Will Newton, pita —, Pecorino Romano, pistachios, Ayse Gilbert, Gilbert, She’s, ” Kerry Tasker, Sonal Singh, Singh, Carolyn Fong, Bingahlan, Abdul Bingahlan, chiles, We’re, Bingahalan, , Brittainy Newman, Amy O’Neill Houck, ” — Mindy Huskins, — Naeman Mahmood, ” — Martha Goff, Gabby Cavazos Austin, Gabby Cavazos, Cavazos, ” Jessica Attie, Young, Alan Young, . Young, Croix seltzer Organizations: THE, Amazon Grocery, Vee, The New York Times, Walmart, Alcoholics, Costco, Gilbert Anchorage, University of Georgia, Mart, chiles, Atlanta, Emory, Coordinating, Foods, Assistance, SNAP Locations: United States, romaine, Jackie Kesterson Omaha, Rosedale Park, Target, Croix, Waterloo, Malvern, Ark, Gilbert, Alaska, Anchorage, Carmel , Calif, California, Sonal Singh Foster City, Calif, India, Foster City, Bingahlan New York City, Cordova , Alaska, Newark, Del, Atlanta, Sacramento, Gabby Cavazos Austin , Texas, Texas, Young Hilo, Hawaii
The rally in stocks could be endangered if the Fed doesn't cut rates soon, Jeremy Siegel warned. The Wharton professor made the case for the central bank to cut rates in September as data softens. AdvertisementThe rally in stocks and the strength of the economy is at risk if the Fed doesn't start cutting interest rates soon, according to Wharton professor Jeremy Siegel. No rate cut in September could put a recession on the table, Siegel warned, in addition to endangering the trajectory for stocks. Advertisement"So although I think stocks are still in an uptrend and the growth stocks are still certainly walloping the value stocks, I think Powell has to take note," Siegel said.
Persons: Jeremy Siegel, Wharton, , who's, Siegel, Powell Organizations: Service, CNBC, Atlanta Fed, New, Fed
Read previewHere's some less-than-great news if you're looking to job-hop because of your pay: People changing roles likely won't be getting as big of a wage bump as past job switchers. However, the report said that "median pay raises appear to have moderated to around 10%" as of this past May. The drops in the median pay raise for job-to-job movers from 2022 to 2024 were felt across workers in all income groups, the Bank of America Institute found. Still, the report noted that lower-income Bank of America customers — those making under $50,000 a year — had the highest median pay gains. AdvertisementThe report said that those middle- and upper-income job seekers may "have somewhat less leverage and bargaining power in negotiating a raise on taking a job."
Persons: , David Tinsley, Tinsley, there's, switchers Organizations: Service, Bank of America Institute, Business, Bureau of Labor Statistics, Bank of America, New, of Labor Statistics Locations: Atlanta
It's time for the Fed to cut rates at the end of July. Add to that the moderation in the consumer price index , the producer price index and the personal consumption expenditures price index – the Fed's preferred inflation gauge – and the need to wait for further signs of improvement seems like overkill. Also, if the Fed dials back policy later – rather than sooner – there will be claims of political interference if it cut rates immediately before the presidential election. The central bank has been dealing with an economy-crashing pandemic, a surge in prices and uncertainty over how its policies would affect the broad economy, inflation and consumer behavior over time. This is a factor that will likely drive inflation rates lower.
Persons: Adrian –, , Mickey, Dow Jones, Joe Biden, Adrian . Go, Ron Insana Organizations: Federal Reserve, Fed, Dow, New York Federal, Atlanta, CNBC
Lauren read several articles about how Democrats reacted to Biden’s performance. What stood out most to David Carlson, the treasurer of the Georgia Young Republicans, was the mainstream media’s reaction to Mr. Biden’s performance. Jonathon saw memes on Facebook about Biden’s performance and Jill Biden’s response after the debate. Jonathon saw memes on Facebook about Biden’s performance and Jill Biden’s response after the debate. “I already had my mind set on Trump” before the debate, Mr. Ballard said.
Persons: Biden, Donald J, Aaron Hernandez, California Lauren Waits, Georgia Arina, Independent Indiana Jonathon Ballard, Independent Wisconsin Jim Hauersberger, Independent Iowa David Carlson, Lauren Waits, Lauren, Vox, David Carlson, , “ It’s, David, Trump, , ” “, ” Aaron, Jon Stewart, Aaron, Arina Trotter, Mr, ” Arina, Arina, Jim Hauersperger, Hauersperger, “ I’m, Jim, Jonathon Ballard, Ballard, ” Mr, Jonathon, Jill Biden’s, Biden’s Organizations: Media, Trump, Georgia, Georgia Arina Trotter, Independent Indiana, Independent Wisconsin, Independent Iowa, Republican Georgia, Democratic Party of Georgia, New Yorker, Georgia Young Republicans, Despair, Democratic, Mr, U.S . Capitol, Democratic Party, Republican Party, ABC News, CBS, Facebook, Republican Locations: Atlanta, California, Bloomington, Ind, Unionville , Iowa, Green Bay, Wis, Alabama
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