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☆ Harris isn’t giving the specifics some undecided voters say they want
▼ + stars: | 2024-09-18 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

On another intractable issue, the Israel-Hamas war, Harris was strong on aspiration, vague on specifics and seemed to fall on both sides of the issue. Former President Donald Trump and Vice President Kamala Harris debate for the first time at the National Constitution Center on September 10, 2024, in Philadelphia. And Harris might be smart to avoid taking positions that could scare off disaffected Republicans and moderate suburban voters she’s seeking to win over. Voters want to know more about HarrisStill, recent polls show that the vice president has a window of opportunity to court voters who want to learn more about her. … She needs to be more direct.”From left to right, second gentleman Doug Emhoff, Vice President Kamala Harris, Minnesota first lady Gwen Walz and Minnesota Gov.

Persons: Kamala Harris, Donald Trump —, Harris, “, ”, Biden, she’s, Bill Clinton, Sen, Elizabeth Warren of, Trump, –, chunky, Joe Biden, it’s, Donald Trump, Win McNamee, Getty, —, Harris ’, Dick Cheney, Liz Cheney, “ Kamala Harris, ” Linda Rooney, Nikki Haley, CNN’s John King, Rooney, Antonio Munoz, I’ve, ” Munoz, King, Doug Emhoff, Gwen Walz, Tim Walz, Angela Weiss, She’s, ” Harris, Hillary Clinton scoffed, ” Clinton, Kara Swisher ” Organizations: CNN —, Democratic, Tuesday’s National Association of Black Journalists, Oval, Republican, National Constitution Center, Biden, Wyoming, New York Times, Siena College, CNN, South Carolina Gov, GOP, Trump, Minnesota Gov, Pittsburgh International Airport, Getty Locations: Israel, Elizabeth Warren of Massachusetts, Philadelphia, Ukraine, doesn’t, Nevada, Minnesota, generalities, Harris

☆ 11 stocks that investing legends like Warren Buffett, Seth Klarman, and David Einhorn are betting more than 20% of their portfolios on
▼ + stars: | 2024-09-17 | by ( William Edwards | ) www.businessinsider.com time to read: +1 min

Some top investors prefer high portfolio concentration levels. While diversification protects against risks, concentration is a high-risk, high-reward proposition. Apple and Occidental Petroleum are among the stocks that some investors have at least 20% of their portfolios in. Go to newsletter preferences Thanks for signing up! AdvertisementSome of the best investors in the world find success through what others may view as a risky strategy: high portfolio concentration levels.

Persons: —, Charlie Munger Organizations: Apple, Occidental Petroleum, Service, Business

☆ Elizabeth Warren calls for emergency-like Fed rate cut ASAP
▼ + stars: | 2024-09-17 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN —The American economy appears to be just hours away from a major milestone: The first interest rate cut from the Federal Reserve since Covid. Yet there remains an unusual amount of drama over the magnitude of that rate cut, with some in Washington calling for a supersized move. Massachusetts Democratic Sen. Elizabeth Warren wants the Fed to slash interest rates at a pace rarely seen outside of a full-blown crisis. “It is clearly the time for the Fed to cut rates. For instance, in early 2008 the Fed slashed interest rates by three-quarters of a point or more on three occasions.

Persons: Massachusetts Democratic Sen, Elizabeth Warren, Jerome Powell, Warren, “, ” Warren, Sheldon Whitehouse, John Hickenlooper, Powell, Bill Dudley, “ dawdling, Dudley, ” Dudley, panicking, David Kelly, ” Kelly, ” Organizations: New, New York CNN, Federal Reserve, Massachusetts Democratic, Sens, Wall, Fed, Federal Reserve Bank of New, CNN, Democrats, Asset Management Locations: New York, Washington, Massachusetts, Federal Reserve Bank of New York

☆ Lawmakers are 'demeaning their role' by trying to influence the Fed, House finance chair says
▼ + stars: | 2024-09-17 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Rep. Patrick McHenry, R-N.C., sharply criticized other politicians on Tuesday for making public comments about what the Federal Reserve should do with its interest rate policy. McHenry, the outgoing chair of the House Financial Services Committee, said it was an '"outrage" that some politicians are publicly lobbying the central bank about rate cuts. "Senators that are trying to direct the Fed on rate policy are really demeaning their role. McHenry's comments came one day before the U.S. central bank is widely expected to start cutting interest rates for the first time since 2020. Coming in the middle of a presidential election cycle, the change in Fed policy has stirred speculation as to whether the central bank would be influenced by political considerations.

Persons: Patrick McHenry, Kevin McCarthy, McHenry, …, Jerome Powell, Joe Biden, Democratic Sens, Elizabeth Warren of, John Hickenlooper of, Sheldon Whitehouse, Warren, Whitehouse, Trump, Sen, Mike Lee, Trump's Organizations: Rep, U.S, Capitol, Federal, Financial Services, Senators, United, Trump, Democratic, Fed, Republicans, Georgetown University's Psaros, Financial Markets Locations: R, Washington, United States, U.S, Elizabeth Warren of Massachusetts, John Hickenlooper of Colorado, Rhode, Utah

☆ Harris can chart her own path with the top regulators — and Big Business hopes she's on their side
▼ + stars: | 2024-09-16 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +9 min

Chris Larsen, the billionaire founder of blockchain payments company Ripple who is among the execs to endorse Harris, told Business Insider he wants her to make different appointments if she wins. "The way that they have already been interacting with business leaders is a compelling indication of where things could go in the future," Levie told Business Insider. Kovacic previously told Business Insider that Harris' relationship to economic progressives like Warren remains unclear. "It's not as though they think she will simply be an agent of Big Tech," he previously told Business Insider. "In the next four years, we'll be dealing with major policy subjects that relate to the next many decades of innovation," he told Business Insider.

Persons: —, Joe Biden, hamstrung, he'd, Sen, Elizabeth Warren of, Biden, Warren, Warren's, Lina Khan, Gary Gensler, Kamala Harris, Khan, William Kovacic, That's, Harris, Adam Kovacevich, Elizabeth Warren, Kovacevich, Kamala Harris doesn't, Politico, winced, Aaron Levie, Arati Prabhakar, Chris Larsen, Larsen, Catalini, Gensler, Dallas Mavericks Mark Cuban, Levie, Kovacic, Obama, Douglas Farrar, we'll Organizations: Service, White, Democratic, Business, Federal Trade Commission, Securities, Exchange, George Washington University, of, Consumers Bank Association, Science, Technology, Bloomberg, MIT Cryptoeconomics, SEC, Dallas Mavericks, FTC, Democratic Party, Warren, Biden, Big Tech, Harris Locations: Elizabeth Warren of Massachusetts, Biden's, Harris, California, Gensler

☆ Crypto spending on 2024 election hits $190 million, led by Winklevoss twins
▼ + stars: | 2024-09-16 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +6 min

The Winklevoss twins, Coinbase and Ripple didn't immediately respond to requests for comment. Huge jump from 2020Delmore, who has been assembling reports on crypto donations in the 2024 election for blockchain analytics platform Breadcrumbs, told CNBC that industry spending is nearly double where it was in the mid-terms — more than $190 million in the 2024 election versus $98 million in the 2022 election. It's nearly 13 times spending in 2020 of $15 million — a figure based on a mix of data from FEC and OpenSecrets filings. Unlike the past two election cycles, which featured spending from the now-bankrupt crypto exchange FTX and founder Sam Bankman-Fried, this year's contributor list is more robust and diverse. "Most of the crypto donations in 2022 were from FTX and SBF and almost all of them went to Democrats or PACs that support Democrats," Delmore said.

Persons: Tyler Winklevoss, Cameron Winklevoss, Joe Raedle, Cameron, James Delmore, Donald Trump, Chris Larsen, Brad Garlinghouse, Ro Khanna, John Deaton, Democratic Sen, Elizabeth Warren, Stuart Alderoty, Alderoty, Ripple, David Sacks, Trump, Gary Gensler, Gensler, Harris, Biden, Delmore, It's, Sam Bankman, Fried, Andreessen Horowitz, Coinbase, Coinbase's Organizations: Gemini, Mana Convention, Getty, CNBC, Trump, Republican, Trump America PAC, Fairshake PAC, Labs, Democratic, SEC, San, FEC, Citizen, Fairshake, Bloomberg, Crypto Alliance, DC Locations: Wynwood, Miami , Florida, bitcoin, Massachusetts, San Francisco, FTX

☆ 5 things to know about billionaires, from a personal assistant to the uber-wealthy
▼ + stars: | 2024-09-16 | by ( Madeline Berg | ) www.businessinsider.com time to read: +6 min

Now, he places personal and executive assistants with CEOs, billionaires, and celebrities. Here are five things to know about billionaires, according to a billionaire whisperer. Brian Daniel worked as a personal assistant for ultra-high-net-worth clients — including members of the royal family of Saudi Arabia. "A lot of billionaires like bragging rights, where they want access to things that other people can't get access to." Advertisement"They can afford to pay the bill to have the celebrities come to their parties and be on their yachts," Daniel said.

Persons: —, They're, Brian Daniel, he's, Warren Buffett, there's, Daniel, Damien Hirst, Jeff Bezos —, they're, doesn't, they've, I've, didn't Organizations: Service, Business Locations: Hollywood, Saudi Arabia, Europe

☆ From Ukraine to Hawaii, associates of Trump assassination attempt suspect say his ‘delusion of grandeur’ and odd behavior left them questioning his mental state
▼ + stars: | 2024-09-16 | by ( Isabelle Chapman | Casey Tolan | Curt Devine | ) edition.cnn.com time to read: +16 min

In one tweet, Routh wrote that “I would like to invite you to Hawaii for vacation. Newsweek Romania journalist Remus Cernea, one of the people listed on the website, told CNN he met Routh in Kyiv’s Maidan Square in June 2022. Tracy Fulk, a Greensboro police officer at the time, told CNN that the incident started when she pulled Routh over for a traffic stop. Audrey McAvoy/APA Hawaiian man who gave Routh’s company a bad review on Facebook told CNN he was unsettled by Routh’s response to the criticism. “We must push forward with logical leadership that supports the ones that wish to accomplish great things,” Routh wrote in one post.

Persons: Donald Trump, Ryan Wesley Routh, Joe Biden, “, Ukraine ”, Volodymyr Zelensky, Routh, hadn’t, Biden, Zelensky, Ryan Routh's, Trump, Routh’s, –, ”, Tulsi Gabbard, Beto O’Rourke, Tom Steyer, Elizabeth Warren, Andrew Yang, Joe, hillary, ” Routh, Kim Jong Un, ” Zelensky, Routh’s fiancée, Kathleen Shaffer, Shaffer, Efrem, Semafor, Oleksandr Shaguri, ” Michael Wasiura, ” Wasiura, ” Evelyn Aschenbrenner, Aschenbrenner, ” Aschenbrenner, Ryan O’Leary, ” O’Leary, Remus Cernea, Cernea, it’s, ” Cernea, barricading, Tracy Fulk, Fulk, ” Fulk, didn’t, ” Ryan Routh's, Audrey McAvoy, Saili Levi, Levi, you’re, ” Levi, Ryan Routh ”, Nelli Black, Benjamin Brown, Scott Glover, Lex Harvey, Winter, Rob Kuznia, Kyung Lah, Daniel Medina, Gianluca Mezzofiore, Rob Picheta, Puy Kamp, Sabrina Shulman, Teele Rebane, Adam Renton, Jessie Yeung Organizations: CNN, Twitter, Trump, Martin County Sheriff’s, Martin County Sheriff's, Facebook, Service, Republican, X, Machine, Commission, Democratic, North, “ WE, New York Times, Ukraine’s Land Forces Command, Legion, country’s International, Army National Guard, Global Citizen, Taiwan, Taiwan Foreign Legion, Newsweek Romania, Greensboro, Sheriff’s Office, Guilford County North Carolina Sheriff’s, Honolulu Star, Star, Advertiser, Honolulu, roosters Locations: Ukraine, Hawaii, Afghanistan, Ukrainian, Honolulu, Oahu, Florida, Martin County, Russia, Zelensky, American, Kyiv’s, Kyiv, Taiwan, North Korea, China, Kyiv’s Maidan, North Carolina, Greensboro, Guilford, Guilford County North Carolina, Kaʻaʻawa, Oahu Island, Oran, Majlie

☆ Big stock sales from tight-lipped Berkshire Hathaway executives are saying a lot
▼ + stars: | 2024-09-14 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Top bosses at Berkshire Hathaway are usually tight-lipped about their market outlook, but recent investment actions from the executives are saying a lot. News broke earlier this week that Ajit Jain, the conglomerate's insurance chief for nearly 40 years, sold more than half of his Berkshire stake worth $139 million. That marked the biggest sale of Berkshire stock by the 73-year-old vice chairman of insurance operations since he was hired by Warren Buffett in 1986. He believes it would be "value-destroying" if he overpaid for Berkshire shares. But the magnitude of the sales could also suggest a bearish attitude toward the market and stock valuations.

Persons: Berkshire Hathaway, Ajit Jain, Warren Buffett, Jain, Ajit, Steve Check, Buffett, Brian Meredith, Meredith Organizations: Berkshire, Berkshire Class, Check Capital Management, Berkshire Hathaway, UBS, BNSF Railway, of America, Apple, Buffett, Bank of America Locations: Berkshire, Omaha, U.S

☆ Meet the 10 biggest wealth gainers this year — who've added a combined $360 billion to their fortunes in 2024
▼ + stars: | 2024-09-14 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +1 min

The 10 biggest wealth gainers have added a collective $360 billion in net worth so far in 2024. Nvidia's Jensen Huang, Meta's Mark Zuckerberg, and Oracle's Larry Ellison are up over $50 billion. Go to newsletter preferences Thanks for signing up! AdvertisementTen people have grown their personal fortunes by a combined $360 billion this year — a sum larger than the market value of Coca-Cola ($307 billion), Bank of America ($301 billion), or Netflix ($295 billion). This year's biggest wealth gainers include Nvidia CEO Jensen Huang, Meta CEO Mark Zuckerberg, and Oracle chairman Larry Ellison.

Persons: Nvidia's Jensen Huang, Meta's Mark Zuckerberg, Larry Ellison, Jeff Bezos, Warren Buffett, —, Jensen Huang, Mark Zuckerberg Organizations: Walmart, Service, Bank of America, Netflix, Nvidia, Business

☆ Engagement bait's rise on Threads is another example of how we just can't help ourselves on social media
▼ + stars: | 2024-09-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

While rage bait can be found across social media, its prominence on Threads is because of how the app promotes content. AdvertisementWith that in mind, there's often something in your behavior on social media that's leading the apps to send those posts your way. In the grand scheme of things, rage bait is not the worst thing on social media by a long shot . YouTube star MrBeast mastered social media algorithms to build a huge audience in no time. Here's what business students said , and here's what tech students said .

Persons: —, Rebecca Zisser, Katie Notopoulos, Katie, it's, it'll, Samantha Lee, Goldman Sachs, David Solomon isn't, Solomon, Warren Buffett's, Kanu Gulati, she'd, Jensen Huang doesn't, Huang, Alberto E, Rodriguez, MrBeast, Jonah Peretti, Dan DeFrancesco, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Service, Business, Twitter, JPMorgan, Bank of America, Occidental Petroleum, Khosla Ventures, Kanu Gulati Khosla Ventures, Nvidia, Warner Bros, HBO, Charter Locations: Taiwan, China, New York, London

☆ Expect a mild commodity bounce between now and the election, says 3Fourteen's Warren Pies
▼ + stars: | 2024-09-13 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpect a mild commodity bounce between now and the election, says 3Fourteen's Warren PiesWarren Pies, 3Fourteen Research co-founder and Bob Elliott, Unlimited CEO, joins 'Closing Bell Overtime' to talk if the Federal Reserve should cut 25 basis points or 50 basis points.

Persons: Warren, Bob Elliott Organizations: 3Fourteen Research, Federal Reserve

☆ Berkshire's vice-chair just cut his stake in Buffett's company
▼ + stars: | 2024-09-13 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +1 min

Ajit Jain, Berkshire's vice-chair sold $139 million of the company's shares on Monday. Jain will have $112 million left in shares, owned by himself, his family trusts, and his nonprofit. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAjit Jain, the vice-chair of Berkshire Hathaway and the head of its insurance operations, cashed out big from the company, selling over half his stake in Warren Buffett's empire.

Persons: Ajit Jain, Jain, Warren Buffett, —, Berkshire Hathaway Organizations: Service, Securities and Exchange Commission, Business Locations: Warren Buffett's

☆ Ajit Jain, Buffett's insurance leader for nearly 40 years, dumps more than half of Berkshire stake
▼ + stars: | 2024-09-12 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Ajit Jain, Warren's Buffett's insurance chief and top executive, sold more than half of his stake in Berkshire Hathaway , a new regulatory filing showed. The 73-year-old vice chairman of insurance operations dumped 200 shares of Berkshire Class A shares on Monday at an average price of $695,418 per share for roughly $139 million. That left him holding just 61 shares, while family trusts established by himself and his spouse for the benefit of his descendants hold 55 shares and his nonprofit corporation, the Jain Foundation, owns 50 shares. Monday's sale represented 55% of his total stake in Berkshire. "This appears to be a signal that Ajit views Berkshire as being fully valued," said David Kass, a finance professor at the University of Maryland's Robert H. Smith School of Business.

Persons: Ajit Jain, Ajit, David Kass, University of Maryland's Robert H Organizations: Jain Foundation, Berkshire, University of Maryland's, Smith School of Business Locations: Berkshire Hathaway, Berkshire

☆ A Trump victory could send bitcoin to $125,000, but new records are likely no matter who wins election, says Standard Chartered
▼ + stars: | 2024-09-12 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Bitcoin is likely to reach at least one more all-time high by the end of this year, according to Standard Chartered. That's likely regardless of whether Vice President Kamala Harris or former President Donald Trump wins the presidential election this November – a variable that others have viewed as a make-or-break game changer for the industry since Trump threw his public support behind the industry this summer. "BTC will end 2024 at fresh all-time highs under either election outcome – [circa] $125,000 level under Trump or c.$75,000 level under Harris," he said. The firm maintains its view that bitcoin will reach the $200,000 level by the end of 2025, regardless of this year's election outcome. That's one reason so many are hoping the election could trigger some movement in bitcoin.

Persons: Bitcoin, Kamala Harris, Donald Trump, Trump, Harris, Geoff Kendrick, Joe Biden's, Elizabeth Warren, Gary Gensler, Biden, Kendrick, Michael Bloom Organizations: Chartered, BTC, Trump, Securities, Exchange, Democratic Locations: bitcoin

☆ Meet the 15 members of the $100 billion club — who are jointly worth more than Amazon or Google
▼ + stars: | 2024-09-12 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +1 min

The elite group worth more than $100 billion includes Elon Musk, Jeff Bezos, and Bill Gates. The 15 members have grown about $280 billion richer this year and are jointly worth $2.2 trillion. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk, Jeff Bezos, and Mark Zuckerberg are among the handful of people on the planet with a net worth above $100 billion.

Persons: Elon Musk, Jeff Bezos, Bill Gates, Jim Walton, —, Mark Zuckerberg, Warren Buffett Organizations: Elon, Walmart, Service, Business

☆ Warren Buffett's $13 billion bet on Occidental Petroleum turns sour as oil prices hit a 3-year low
▼ + stars: | 2024-09-12 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

Occidental Petroleum shares have dropped 29% since mid-April, impacting Warren Buffett's stake in the company. Berkshire Hathaway's $13 billion stake in Occidental Petroleum may be underwater, based on estimates. The price decline in Occidental shares has coincided with a 23% decline in crude oil prices since mid-April. AdvertisementTo be clear, the average price Berkshire Hathaway paid for its Occidental Petroleum stake is only known by Berkshire Hathaway itself. Another sign that Berkshire Hathaway's Occidental Petroleum bet is souring is based on the warrants it owns to purchase additional shares.

Persons: Warren Buffett's, —, Warren, Warren Buffett's Berkshire, Buffett, Berkshire Hathaway, Chris Bloomstran, Semper Augustus, Bloomstran, Vicki Hollub, it's, Hollub Organizations: Occidental Petroleum, Berkshire Hathaway's, Service, Warren Buffett's Berkshire Hathaway, Berkshire, Berkshire Hathaway's Occidental Petroleum, Apple, Bank of America, Occidental, Occidental Petroleum's Locations: Berkshire, Occidental

☆ Berkshire unloads another chunk of Bank of America as CEO Moynihan lauds Buffett as great shareholder
▼ + stars: | 2024-09-11 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

CNBCWarren Buffett's Berkshire Hathaway offloaded another chunk of Bank of America shares, bringing its total sales to more than $7 billion since mid-July and reducing its stake to 11%. The latest action extended Berkshire's selling streak to 12 consecutive sessions, matching the 12 consecutive sessions from July 17 to Aug. 1. Berkshire has sold more than 174.7 million shares of the Charlotte-based bank for $7.2 billion, with 858.2 million shares remaining, or 11.1% of shares outstanding. BofA CEO Brian Moynihan made a rare comment about Berkshire's sales Tuesday, saying he has no knowledge of Buffett's motivation for selling. Stock Chart Icon Stock chart icon Bank of America

Persons: Warren Buffett, Berkshire Hathaway, BofA, Moynihan, Buffett Buffett, Brian Moynihan Organizations: Berkshire, CNBC Warren, of America, Apple, American Express, Oracle, Barclays Global Financial Services, Bank of America Locations: Omaha , Nebraska, Omaha, Berkshire, Charlotte, BofA

☆ Bitcoin could soon hit six figures regardless of who wins U.S. election, investors say
▼ + stars: | 2024-09-11 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +5 min

Despite the increasingly partisan sentiment in the cryptocurrency industry, bitcoin will thrive over the long term regardless of who wins the U.S. presidential election in November. It helps that bitcoin became more institutionalized than ever this year with the introduction of U.S. bitcoin exchange traded funds. "If Trump wins in November, will there be an immediate pump? If Harris wins, could there be some immediate sell pressure? Although there are concerns thanks to the Biden administration's position on bitcoin, "I would remind investors ... that bitcoin did great," under the current adminustration, Lubka added.

Persons: That's, Donald Trump's, Steven Lubka, Bitcoin, Lubka, Kamala Harris, James Davies, bitcoin, " Davies, hasn't, Harris, Biden, Tyrone Ross, Trump, Bernstein, Swan Bitcoin, Elizabeth Warren, Gary Gensler, … Organizations: U.S, Swan, Exchange, Investors, Conference, Republican, Trump, Securities Locations: United States, Japan, Nashville, bitcoin

☆ Stocks making the biggest moves midday: GameStop, Viking Therapeutics, Trump Media and more
▼ + stars: | 2024-09-11 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Trump Media & Technology — The stock fell more than 13% following Tuesday's debate between majority shareholder former President Donald Trump and Democratic Vice President Kamala Harris. Novartis — U.S.-listed shares of the Swiss pharma company slipped nearly 2% on the heels of Bank of America's downgrade to hold from buy. Crypto stocks — Crypto stocks were dragged downward after the price of bitcoin fell slightly overnight, as crypto traders considered central bank policy in Japan . Morgan Stanley — The bank stock lost 1% following a downgrade at Goldman Sachs to neutral from buy. Solar stocks — Solar stocks rose as a group after Vice President Kamala Harris's performance at Tuesday's debate raised confidence in a Democratic victory at the U.S. presidential election.

Persons: Donald Trump, Kamala Harris, Rentokil, it's, bitcoin, Morgan Stanley, Goldman Sachs, Goldman, Morgan, Warren Buffett's Berkshire Hathaway, Kamala Harris's, — CNBC's Sean Conlon, Michelle Fox, Alex Harring, Yun Li, Sarah Min, Samantha Subin Organizations: Trump Media & Technology, Democratic, Trump Media, Nasdaq, GameStop, Novartis — U.S, Swiss pharma, of, Therapeutics, JPMorgan, Viking Therapeutics, Goldman, Bank of America, U.S, Clean Energy, SolarEdge Technology, Sunnova Energy Locations: North America, Japan

☆ Bill Gates and other billionaires can learn from MacKenzie Scott's giving, a philanthropy expert says
▼ + stars: | 2024-09-11 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +6 min

Read previewFrom Bill Gates and Warren Buffett to Jeff Bezos and Mark Zuckerberg, billionaires are the power players of philanthropy. It's not possible to generalize, but billionaires' philanthropic contributions likely do not outweigh the negative aspects of wealth inequality. For every Chuck Feeney or 'good' billionaire, there is an Elon Musk or Bill Gates, both with questionable practices. Bill Gates is an example. How does MacKenzie Scott's philanthropy differ from how other billionaires typically approach giving, and what lessons can they learn from her?

Persons: —, Bill Gates, Warren Buffett, Jeff Bezos, Mark Zuckerberg, It's, MacKenzie Scott, Bezos, Hans Peter Schmitz, Bob, Carol Mattocks, Gates, Scott, Chuck Feeney, Elon Musk, Melinda Gates, Ramin Talaie, Getty, MacKenzie Organizations: Service, Business, Nonprofit Leadership, North Carolina State University, Melinda Gates Foundation, Gates Foundation, Black Colleges, Universities, Third

Women come here desperate, says Dr. Warren Hern, who has run the Boulder Abortion Clinic since 1975. Dr. Warren Hern speaks with Willow in one of the procedure rooms at the Boulder Abortion Clinic. A procedure room in the Boulder Abortion Clinic, one of only five clinics in the U.S. providing abortion services at or after 28 weeks of pregnancy. “Abortion is essential health care.”“I think the second takeaway is to say that abortion bans, exceptions to abortion bans, don’t work in practice. Some are pushed too late into unwanted pregnancies due to abortion bans or long wait times at clinics in the post-Roe era.

Persons: Warren Hern, ”, Hern, Willow, Donald Trump, Joe Biden, Trump, “, didn’t, ” Hern, Emma, Stewart —, —, ” Emma, ” Stewart, ‘, we’ve, we’re, Stewart, Louie, Roe, Wade Organizations: Boulder Abortion Clinic, NBC, Fox News, Trump, NBC News, Guttmacher Institute Locations: BOULDER, Colo, Boulder, U.S, Texas, Colorado

GOP senators 'hesitant' to mandate IVF coverageBut there is scant evidence of a Republican appetite for that plan in Congress. “I don’t know that we need to go so far as to mandate IVF coverage,” Lummis said. Rep. Jim Banks, R-Ind., a former chair of the conservative Republican Study Committee and a Senate candidate, said he hasn’t seen a Trump policy plan on IVF to evaluate. “I don’t know what that would look like — to make it free.”Democrats say Trump is lying and trying to bamboozle voters. “Donald Trump will say anything that he thinks might be one more vote in favor of Donald Trump.

Persons: WASHINGTON — Donald Trump’s, Trump, “, ”, Marjorie Taylor Greene, aren’t, Greene, isn’t, Sen, Josh Hawley, “ it’s, ” Hawley, hadn’t, ” Trump, “ We’re, it’s, Thom Tillis, we’ve, We’ve, ” Sen, Joni Ernst, Bill Cassidy, Trump hadn’t, ” Cassidy, that’s, It's, Cynthia Lummis, ” Lummis, Karoline Leavitt didn’t, Rand Paul, it'd, ” Paul, you’re, Tim Burchett, Jim Banks, hasn’t, Elizabeth Warren, ” Warren, “ Donald Trump, Donald Trump, Ohio Sen, Vance, Donald Trump’s, ” “ Trump, Katie Britt, ” Britt Organizations: Trump, NBC News, Republicans, Congress, NBC, Republican Party, Republican, Health, Education, Labor, Pensions, Democratic Party, Alabama Supreme, CBS, Democratic, “, GOP, Committee, Senate, Ohio Locations: Iowa, Alabama, Ky

☆ Millions of student-loan borrowers' payments are being 'wildly' mismanaged by a major servicer — and it might be time to terminate its contract, over 50 Democratic lawmakers say
▼ + stars: | 2024-09-10 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +1 min

A group of Democratic lawmakers requested increased oversight over student-loan company MOHELA. They said that the Education Department should consider ending MOHELA's contract. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt might be time for the Education Department to consider firing a major student-loan company, a group of Democratic lawmakers say. For example, in October last year, the Education Department withheld over $7 million in pay from the servicer over its failure to send on-time billing statements to 2.5 million borrowers.

Persons: MOHELA, —, Sen, Elizabeth Warren, Jim Clyburn, Secretary Miguel Cardona Organizations: Democratic, Education Department, Service, Secretary, Business

☆ Sinwar: Israeli official floats safe passage offer for October 7 architect Yahya Sinwar in return for hostages
▼ + stars: | 2024-09-10 | by ( Hira Humayun | Tara John | ) edition.cnn.com time to read: +2 min

CNN —An Israeli official has floated the possibility of offering Hamas leader Yahya Sinwar safe passage out of Gaza, once all remaining hostages held in the Palestinian territory are released. On Tuesday, Hirsch elaborated on the idea in an interview with Bloomberg, saying Israel has already proposed safe passage to Sinwar. “I’m ready to provide safe passage to Sinwar, his family, whoever wants to join him,” he told Bloomberg. We want demilitarization, de-radicalization of course — a new system that will manage Gaza.”He told Bloomberg that the offer of safe passage was put on the table a day and a half ago, but did not say what the response was. Israel would be open to releasing prisoners it holds as part of any deal, he told Bloomberg.

Persons: Yahya Sinwar, Gal Hirsch, CNN’s Jessica Dean, “, Hitler, Sinwar, ” Hirsch, ”, Hirsch, Israel, Benjamin Netanyahu’s, CNN Sinwar, Ismail Haniyeh Organizations: CNN, Bloomberg, Israeli, Sunday Locations: Gaza, Israel, Tehran

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