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AdvertisementI asked Merchant for his perspective on how history informs how we should think about AI and labor. AdvertisementTake the clothworkers: skilled weavers made really high quality cloth and framework knitters made stockings that were nice and durable. Just about everyone loses except the factory owners, who profit from churning out more shoddily made stuff at a rate that the skilled workers can't compete with. AdvertisementBased on your understanding of history, what are the chances that AI helps people by lowering the gap between lower skilled and higher skilled workers? Now, as then, the vast, vast majority of the time, AI absolutely cannot replicate a good writer or worker's output.
Persons: , Insider's Aki Ito, Brian Merchant, Merchant, Aki Ito, Aki, coders, Ian, it's Organizations: Big Tech, Service Locations: England
[1/2] Paul Hudson, chief executive officer of Sanofi, speaks during the annual results news conference at the company's headquarters in Paris, France, February 4, 2022. The market's shock reaction, compounded by a lack of details of the spending push, overshadowed Sanofi's plan to list its consumer unit, in line with an industry trend. David Song, a portfolio manager and investment partner at Tema ETF, said: "The narrative of Sanofi has been a margin expansion, earnings-driven story for a lot of investors." "Shouldn't investors give credit to managements who care about long-term shareholder value creation?," said Song. ($1 = 0.9206 euros)Reporting by Ludwig Burger; Editing by Josephine Mason and Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.
Persons: Paul Hudson, Sanofi, Benoit Tessier, Hudson, Dan Lyons, Janus Henderson, Markus Manns, David Song, Fabian Wenner, Julius Baer, Union's Manns, Janus Henderson's Lyons, Johnson, Song, Ludwig Burger, Josephine Mason, Emelia Organizations: REUTERS, Reuters, Janus Henderson Investors, Germany's Union Investment, Tema, Thomson Locations: Paris, France, British, Hudson, Denver, Swiss, Tema
Walmart and Target appear to be borrowing pages from each other's playbook. Some specific features seemingly borrowed from Target include the new "Dollar Shop" and "Grab & Go" sections near the front entrance. AdvertisementFresh produce sections at Walmart (left) and Target (right). For starters, Walmart is still much bigger than Target, and a supercenter is typically about 50% larger than a Target store. But the company says it is finding success in its effort to attract higher-income shoppers, while Target continues to emphasize affordability in its offerings.
Persons: , Burger King, Dominick Reuter, Christina Henninton's, Wrangler Organizations: Walmart, Service, Pepsi, McDonalds, Ford, Target, Business, Brands, Reebok, Apple Locations: Burger
AdvertisementEarlier this week, Iman Jalali, a real estate investor in the greater Chicago area, had business in Bolingbrook, Illinois, and decided to take a detour to visit McDonald's new spinoff concept: CosMc's. AdvertisementA menu board in front of an CosMc's restaurant Iman Jalali"It's surprising. There's a spicy queso sandwich and classic McDonald's breakfast options like the Egg McMuffin and Sausage McMuffin with Egg. Joe CiolliA close-up shot of the drone Joe CiolliFrom his car, Jalali asked someone near the drive-through: "Hey, are you open?" The chain did not respond to Business Insider's request for comment on CosMc's menu.
Persons: McDonald's, , Iman Jalali, Jalali, Iman, Joe Ciolli, Ciolli Organizations: Service, Business Locations: Chicago, Bolingbrook , Illinois, Boston, Dutch, Oregon, CosMc's, Illinois
Takeaways from the DeSantis-Newsom debate
  + stars: | 2023-11-30 | by ( Eric Bradner | ) edition.cnn.com   time to read: +8 min
Ron DeSantis opened a debate Thursday night on Fox News, Newsom told DeSantis the two had one thing in common. By the way, you’re down 41 points in your own state,” Newsom said. Hannity the ‘hall monitor’Hannity, the long-time conservative Fox host, opened the debate pledging to play a neutral role Thursday night. “It should be up to the mother and the doctor and her conscience.”What’s the value of a debate like this? Mostly, the more than 90-minute debate was DeSantis and Newsom accusing each other of lying and mischaracterizing the other’s records.
Persons: Gavin Newsom, Ron DeSantis, Newsom, DeSantis, , Sean Hannity, Joe Biden, Donald Trump, Hannity, Biden, Biden won’t, ” DeSantis, ” Newsom, , Trump, Ron, Newsom sneered, Kamala Harris ’, It’s Madame, Anthony Fauci, “ Donald Trump, ” “, “ Joe Biden, Sean, he’ll, ’ Hannity, didn’t, , “ Ron DeSantis, Newsom’s, “ It’d, I’m, ” Hannity Organizations: CNN, California, Florida Gov, Fox News, Red State, Democrat, Fox, Trump Trump, mispronouncing, Trump, DeSantis, Biden, Republican Party Locations: Florida, Red, Iowa, Mexico, Texas, DeSantis, California, United States
For an incumbent president, primary races -- the state-by-state competitions that nominate a political party's official presidential candidate -- are normally a perfunctory affair. Pro-Biden Democrats' volunteer-focused effort, with just a $100,000 budget, will encourage primary voters to put Biden's name on the New Hampshire ballot. Lyndon B. Johnson, then the Democratic incumbent, shunned the New Hampshire primary in 1968 due to over-confidence, only to see an insurgent campaign from Minnesota, U.S. Biden write-in organizers have largely settled on asking voters to write in "Joe Biden," but believe that other names like "President Biden" and "President Biden and Vice President Harris" satisfy a state law that says to count the vote if the reasonable intent of the voter is clear. "They're gonna use this as a way to say, look, we are good Democrats and organized this to protect President Biden," Smith said.
Persons: Joe Biden, Jonathan Ernst, Joe Biden's, Ro Khanna, Dean Phillips, Phillips, Khanna, it's, Biden, Andrew Smith, Lyndon B, Johnson, Eugene McCarthy, PHILLIPS, Marianne Williamson, Jeff Weaver, Bernie Sanders, Mickey Mouse, Harris, Dave Watters, Sanders, Elizabeth Warren, Pete Buttigieg, Barack Obama, Smith, Jarrett Renshaw, Heather Timmons, Alistair Bell Organizations: Portsmouth Port Authority, REUTERS, Biden Democrats, New, Democratic Party, Biden doesn't, The University of New, Democratic, U.S, Thomson Locations: Portsmouth, Portsmouth , New Hampshire, U.S, California, Minnesota, New Hampshire, The University of New Hampshire, Vietnam, South Carolina, United States
NEW YORK (AP) — Most drivers would pay $15 to enter Manhattan’s central business district under a plan released by New York officials Thursday. Officials say that in addition to funding needed transit improvements, congestion pricing will result in improved air quality and reduced traffic. Opponents include taxi drivers, who had pushed for a full exemption. Phil Murphy criticized the traffic mobility board's proposal after some news organizations reported on it Wednesday ahead of its official release. The MTA board will vote on the plan after a series of public hearings scheduled for February 2024.
Persons: ” Carl Weisbrod, Bhairavi Desai, Phil Murphy, George Washington, Murphy Organizations: New, Revenue, Traffic, Metropolitan Transportation Authority, Government, MTA, New York City Taxi Workers Alliance, ” New, ” New Jersey Gov, George Washington Bridge Locations: New Jersey, United States, Manhattan, London, Stockholm, New York City, U.S, New York, , ” New Jersey
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStockX CEO: Resale premiums are down, but new brands are breaking through and grabbing market shareStockX CEO Scott Cutler joins 'Squawk on the Street' to discuss how Cyber Monday is looking from StockX's perspective, what's driving the company's growth, and more.
Persons: Scott Cutler
McDonald's has been reluctant to share many details about its planned new restaurant concept CosMc's. AdvertisementWe know just a bit more about CosMc's, McDonald's super-secret new restaurant concept based on an obscure McDonaldland character from the late '80s. Scott FredricksonA Google Maps search indicates the building is a former Boston Market restaurant that is indeed next door to a McDonald's. CosMc's on Google Maps Google MapsScott Fredrickson posted a few photos of the building's exterior on Facebook. The building appears to have a blue exterior and the CosMc's sign logo has a retro feel.
Persons: McDonald's, , Chris Kempczinski, TikToker Snackloator, Snackloator, Scott Fredrickson, CosMc's Organizations: Service, Google, Boston Market, Facebook Locations: Bolingbrook , Illinois, CosMc's, Boston
Tagovailoa finished 21 of 30 for 243 yards with the TD to Hill and the two INTs. Hill's touchdown catch was his 10th of the season, making him the first Dolphins player since Mike Wallace in 2014 to have double-digit TD receptions. Reed intercepted Tagovailoa on the Dolphins' next possession, giving the Jets the ball at their 49 with 2 seconds left. Mostert's 13-yard touchdown run on the first play of the fourth quarter gave the Dolphins a 27-6 lead — and tempers flared after that. STATSHill finished with nine catches for 102 yards and the TD, while Jaylen Waddle caught eight passes for 114 yards.
Persons: Jevon Holland, Mary, Raheem Mostert, Tua Tagovailoa, Brandin Echols, Tagovailoa, Tim Boyle, Zach Wilson, Garrett Wilson, Hill, Jordan Whitehead, zipped, Keeta Vaccaro, Mike Wallace, Braxton Berrios, Echols, Greg Zuerlein, Reed, Mary —, Boyle —, Mosley, Micheal Clemons, Clemons, Clemons wasejected, Austin Jackson, Mostert, Jaylen Waddle, Julio Jones ’, . Boyle, Holland, LB Jaelan Phillips, Achilles, LT Terron Armstead, ___ Organizations: Miami Dolphins, New York Jets, Black, Dolphins, AFC East, Jets, MetLife, AFL, NFL, Detroit, NEXT Dolphins, Washington, Atlanta Locations: RUTHERFORD, N.J, Miami, Hill, New York, Holland
Some automakers are slowing down EV production, saying electric vehicles are too expensive. Auto execs have pointed to high prices as a big reason why demand for electric cars has slumped this year. AdvertisementHere's three reasons why electric cars are getting more affordable. Cheaper battery packsBy far the most expensive part of any EV is the battery, and spiking battery prices have hit automakers hard. "You have to get to a certain scale to really start to make money on electric cars and for the costs to go down," Valdez Streaty said.
Persons: , Kelley, Tesla, Goldman Sachs, EVs, David Browne, Patrick T, Fallon, Browne, Matthias Preindl, Stephanie Valdez Streaty, it's, Valdez Streaty, Elon, you've Organizations: Service, Ford, General Motors, EV, Atlas Public, EVs, Bloomberg, Department of Energy, Smart, Toyota, Manufacturers, ICE, Columbia University, Smith, Cox, Chicago Tribune, Getty Locations: China, Germany, Los Angeles
BANGKOK (AP) — Shares slipped in Asia on Wednesday, tracking a decline on Wall Street a day after stocks there hit their highest level since the start of August. Troubled property developer Sunac China Holding's shares rose 2.3% as state media reported it had completed a restructuring of its $90 billion in debts. Retailers were mixed after several reported their earnings for the latest quarter and, more importantly, their forecasts for the upcoming holiday shopping season. Lowe’s sank 3.1% despite reporting better profit for the latest quarter. Best Buy dipped 0.7% after likewise beating analysts’ expectations for profit in the latest quarter but falling short on revenue and cutting its forecast for the full year.
Persons: OpenAI's, Sam Altman, Altman, Satya Nadella, OpenAI, , , Bret Taylor, Larry Summers, Adam D’Angelo, Australia's, Stocks, Brent Organizations: Microsoft, U.S ., Federal Reserve, University of Michigan, Nikkei, China, Dow Jones, Nasdaq, Lowe’s, Dick’s, Goods, Federal, Deutsche Bank, Fed, Treasury, New York Mercantile Exchange, U.S Locations: BANGKOK, Asia, Tokyo, Mumbai, U.S, Japan, OpenAI, Francisco, Adam D’Angelo ., Seoul, Hong Kong, Shanghai, Taiwan, Thailand
62, you should consider it a concession to the political realities of the moment:A government founded on principles more consonant to the wishes of the larger States, is not likely to be obtained from the smaller States. The most populous states — including not only California, but New York, Illinois, Florida and Texas — tend to be the most diverse states, with a large proportion of nonwhite residents. The smallest states by population — like Maine, Vermont and New Hampshire — tend to be the least diverse. And the structure of the Senate tends to amplify the power of residents in smaller states and weaken the power of those in larger states. The second and more important problem is that the modern Senate isn’t the one the framers designed in 1787.
Persons: James Madison, John Jay, Alexander Hamilton, Madison Organizations: Washington Post, Philadelphia Convention Locations: Philadelphia, Madison, Virginia, Delaware, Wyoming, California, New York , Illinois, Florida, Texas, Maine , Vermont, New Hampshire
NHS diabetes patients – including Gradwell, who went for weeks without full medication – pay nothing for their medication. The shortage persists even after Ozempic's manufacturer Novo Nordisk (NOVOb.CO) launched Wegovy, a semaglutide drug solely for weight loss, in September. Rightangled told Reuters it is within its rights to continue to prescribe Ozempic for weight loss. Two had stopped offering it for weight loss by October, but Rightangled continued to make it available as of Nov. 17, Reuters found. He said his oncologist said that while he could not prescribe Ozempic, it would be good for his health if he took it for weight loss.
Persons: Kim Gradwell, , John, it's, Rightangled, Gradwell, Penny Ward, I've, Abdullah Sabyah, Ward, Juniper, Ben, Doctors, Novo, Ozempic, semaglutide, prescribers, Rightangled's Sabyah, Tyne wasn't, Gradwell's, Yaasir Mamoojee, We've, Maggie Fick, Marine Strauss, Charlotte Van Campenhout, Chad Terhune, Sara Ledwith, Josephine Mason Organizations: Diabetes, National Health Service, Novo Nordisk, King's College, Department of Health, Social Care, John, Reuters, Oxford University ., NHS, Alliance Healthcare, Alliance, Diabetes UK, NICE, semaglutide, Oxford University, General Pharmaceutical Council, Tyne, Thomson Locations: Dudley , North Tyneside, Britain, Novo, United States, London, U.S, England, Europe, Ozempic, Newcastle, Brussels, Los Angeles
Mark Cuban worked hard to amass his net worth — currently estimated at $6.2 billion — creating multiple successful businesses and investing in promising startups. "Anybody who has a 'B' next to their name, and they tell you they could do it all again, they're lying their ass off," Cuban, 65, said. But becoming a billionaire isn't just dependent on your sales talent or ability to craft a great business idea, Cuban said. Don't miss: Mark Cuban says he doesn’t need his billions: I’d ‘for sure’ be just as happy with 1% of my net worthIn Cuban's case, timing was crucial. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank," which features Mark Cuban as a panelist.
Persons: Mark Cuban, , That's, he's, isn't, Cuban, You've, , Richard Wiseman, Wiseman, Warren Buffett Organizations: CompuServe, Yahoo, Real Vision, University of Hertfordshire, CNBC Locations: , Cuban
REUTERS/David Kirton Acquire Licensing RightsSHENZHEN, China, Nov 16 (Reuters) - Tony Xiong is among the latest arrivals to the glitzy office towers in the newest part of Shenzhen, built to showcase China's economic miracle. Office workers are not the only ones grumbling about the unattractiveness of Qianhai, a special economic zone where Chinese dreams of global financial might and economic prosperity that once seemed inevitable are now darkened by half-empty skyscrapers and shopping malls as well as barely used motorways. And that's before China's tallest skyscraper of over 1,000 metres and a cluster of other towers are completed. With China entering a new era of sluggish growth, Qianhai may never reach the international status to which it aspires. The Qianhai Authority and China's State Council Information Office did not respond to Reuters requests for comment on the local and macro economic challenges.
Persons: David Kirton, Tony Xiong, Qianhai, Knight Frank, Antonio Fatas, Deng Xiaoping's, Xi Jinping, Xi, Zhiwu Chen, incentivised, Witman Hung, I've, Brian Miller, Klaus Zenkel, it's, Bill Deng, Zhang, James Pomfret, Marius Zaharia, David Crawshaw Organizations: REUTERS, Rights, Reuters, Authority, Communist Party, University of Hong, Qianhai Authority, HSBC, UBS, Standard Chartered, Chamber of Commerce, Greater, Thomson Locations: Shenzhen, Guangdong province, China, Rights SHENZHEN, Hong Kong, Beijing, Shanghai, China's, Qianhai, University of Hong Kong, Guangzhou, Hengqin, Macau, Nansha, South China, Greater Bay Area, . Hong Kong
An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. The company declined to comment on the plans but news conferences are planned in Alzey, where sources say the plant will be built, and Berlin on Friday. Other people familiar with the plans told Reuters that at least 1,000 jobs would be created. Eli Lilly said it would unveil "far-reaching investment plans" at Friday's news conference, which will be attended by Germany's economy and health ministers. Mounjaro's success helped Lilly post a 37% gain in third-quarter revenues to $9.5 billion, topping Wall Street estimates.
Persons: Eli Lilly, Mike Segar, Mounjaro, TSMC, Lilly's, Lilly, Rene Wagner, Klaus Lauer, Andreas Rinke, Ludwig Burger, Thomas Escritt, Madeline Chambers, Miranda Murray, Christina Fincher Organizations: Company, REUTERS, Basf, Reuters, BASF, U.S ., U.S, Intel, European Union, Novo Nordisk, U.S . Food, Drug Administration, Thomson Locations: Branchburg , New Jersey, BERLIN, Germany, Alzey, Berlin, U.S, Ukraine, European, Indianapolis, Danish, Eisai
New Hampshire’s presidential primary will be held Jan. 23, state officials announced on Wednesday. The date had been in contention since the Democratic National Committee decided earlier this year to change its nominating calendar, which had long given New Hampshire the first primary slot after the Iowa caucuses. The new Democratic calendar puts South Carolina first, followed by New Hampshire and Nevada together on one day, then Georgia, then Michigan. But New Hampshire officials have made clear that they will refuse to abide by the D.N.C.’s decision. “We will be holding our primary first,” Ray Buckley, the chairman of the New Hampshire Democratic Party, said last year after initial reports that the D.N.C.
Persons: ” Ray Buckley, Buckley, Organizations: Democratic National Committee, Democratic, South Carolina, But New, Republican Party, Iowa, New Hampshire Democratic Party, Granite State Locations: Hampshire, Iowa, New Hampshire, Nevada, Georgia, Michigan, But, But New Hampshire, South Carolina, Granite
"Defence remains one of the most important pillars of our bilateral relationship," Singh said in opening remarks at the meeting. "In spite of various emerging geopolitical challenges, we need to keep our focus on important and long-term issues." Austin said it was more important than ever that the world's two largest democracies exchange views, find common goals, and deliver for our people, "in the face of urgent global challenges". "Together we have been taking very concrete steps to deliver on the vision that our two leaders put forward," Blinken said. Jaishankar said the dialogue would help build "a forward-looking partnership while we construct a shared global agenda".
Persons: Antony Blinken, Lloyd Austin, Subrahmanyam Jaishankar, Rajnath Singh, Friday's, Singh, Austin, Narendra Modi's, Joe Biden's, Blinken, Jaishankar, Biden's, Xi Jinping, YP Rajesh, Raju Gopalakrishnan Organizations: India's, Defense, Ministry of Foreign Affairs, Swaraj Bhavan, Indian, Defence, Economic Cooperation, YP, Thomson Locations: DELHI, India, United States, Washington, Gaza, Ukraine, South Asia, New Delhi, Japan, Australia, China, Asia, San Francisco . India, Delhi, Russia
Here are Thursday's biggest calls on Wall Street: Goldman Sachs initiates Apellis Pharmaceuticals as buy Goldman initiated the biotech company with a buy and says it sees "continued execution." Bank of America reiterates Disney as buy Bank of America said it's standing by its buy rating after Wednesday's earnings report. Goldman Sachs reiterates Arm as overweight Goldman said it's sticking with its buy rating after the stock's earnings report on Wednesday. Goldman Sachs reiterates Instacart as buy Goldman said it's sticking with its buy rating on the grocery delivery company after Instacart's earnings report on Wednesday. Morgan Stanley reiterates Rivian as overweight Morgan Stanley said it's sticking with its overweight rating on the electric vehicle company. "
Persons: Goldman Sachs, Goldman, Tesla, WK Kellogg, Kellogg, Wolfe, Instacart, Morgan Stanley, Rivian, Eli Lilly, MRK's Keytruda, Evercore, it's bullish, Parker, Wells, it's, Hein Schumacher Organizations: Apellis Pharmaceuticals, HSBC, Tesla, Barclays, JPMorgan, Bank of America, Disney, ARM, Deutsche Bank, Deutsche, Merck, pharma, TAP, Industrial, Nvidia, Anheuser, Busch InBev, Bud, Offshore, Unilever, OW, Citi Locations: North America, Montrose
Many organisers choose to buy that cover through an add-on political violence and terrorism policy. Insurers cannot change policy wordings of existing policies, so any event organisers who bought political violence cover and cancelled after the conflict started on Oct 7 should be covered. Insurers are also considering restricting cover for event cancellations outside the region, the sources added. Ryan at Marsh said some political violence insurers were proposing wordings which would allow them to break or review policies due to "conditions relating to armed involvement in the 2023 Israel war". Specialist political violence policies are typically offered by firms operating in the Lloyd's of London (SOLYD.UL) insurance market, as well as by U.S. insurers.
Persons: Evelyn Hockstein, Edel Ryan, Marsh, Ryan, Sinead Cruise, Alexander Smith Organizations: Hamas, REUTERS, European Aquatics, MTV, Thomson Locations: Gaza, Israel, Palestinian, Lebanon, Egypt, Jordan, Paris, Washington, Gaza City, London
Ivanka Trump testified about her cozy relationship with Deutsche Bank. AdvertisementAdvertisement"I was constantly told by Rosemary and members of her team how much they appreciated the relationship," Ivanka Trump testified. At times, Ivanka Trump testified, Vrablic even convinced her family to take out a loan with Deutsche Bank even if they didn't need to. Vrablic's team "periodically" came to Ivanka with possible investment opportunities, Ivanka Trump testified, whether it was properties up for sale, or working with Softbank. AdvertisementAdvertisement"I was in the hospital, or about to go to the hospital with my first child," Ivanka Trump said.
Persons: Ivanka Trump, , Donald Trump's, Rosemary Vrablic, Ivanka, Letitia James, Donald Trump, Louis Solomon, Donald Trump Jr, Eric Trump —, Trump, Jesus Suarez, Vrablic, Rosemary, Arthur Engoron Organizations: Deutsche Bank . Ivanka, Deutsche, Service, Deutsche Bank, New York Attorney, Trump, Trump Doral, Post, New York, Trump Org, Trump Organization, Softbank, New Locations: Chicago, Miami, Washington ,
U.S. Secretary of State Antony Blinken speaks during a press conference after participating in G7 ministerial meetings in Tokyo, Japan, November 8, 2023. REUTERS/Jonathan Ernst/Pool Acquire Licensing RightsNEW DELHI/WASHINGTON, Nov 8 (Reuters) - U.S. Secretary of State Antony Blinken and Defense Secretary Lloyd Austin will hold talks with India this week that officials say will focus on security challenges in the Indo-Pacific and concerns over China, rather than the wars in Gaza and Ukraine. U.S. officials were moving swiftly to deepen ties with India while pledging support for an investigation into the June killing on Canadian soil, an American official aware of the Indo-Pacific policy said. Both officials spoke on condition of anonymity as they were not authorised to speak to the media. India's ties with the U.S. have grown steadily stronger on several fronts, and it has close strategic links with Israel.
Persons: Antony Blinken, Jonathan Ernst, Lloyd Austin, Subrahmanyam Jaishankar, Rajnath Singh, Narendra Modi's, Joe Biden's, Xi Jinping, Rick Rossow, Rossow, Krishn Kaushik, David Brunnstrom, Trevor Hunnicutt, YP Rajesh, Simon Cameron, Moore Organizations: REUTERS, Officials, Ottawa, Indian, Economic Cooperation, Asia Society, South, U.S, Washington’s Center, Strategic, International Studies, Biden, YP, Thomson Locations: Tokyo, Japan, DELHI, WASHINGTON, India, China, Gaza, Ukraine, New Delhi, Canada, Washington, Asia, San Francisco, South Asia, Israel, Delhi, Russia, Washington and New Delhi, Myanmar, Maldives, Sri Lanka, Nepal
Listen to and follow ‘Matter of Opinion’Apple Podcasts | Spotify | Amazon MusicThe election results on Tuesday made it clear that voters support Democratic policies and state politicians — but new polling shows they don’t love the president. On this week’s episode of “Matter of Opinion,” the hosts share their takeaways from the voting, and what it all means for 2024. Also, your calls about your presidential fantasy matchups. (A full transcript of the episode will be available midday on the Times website.)
Organizations: Spotify, Democratic, Times
"This was an outstanding quarter ... this big blowout number," Waller told an economic data seminar at the St. Louis Fed. So this is something we are keeping a very close eye on when we think about policy going forward." It's clearly calming down," with recent employment gains more in line with the levels seen before the coronavirus pandemic, Waller said. The Fed is in the process of weighing that and other data to determine whether to hike the benchmark policy rate again. However neither Goolsbee nor Minneapolis Fed President Neel Kashkari, who spoke to Bloomberg Television on Tuesday, ruled out further Fed rate increases.
Persons: Christopher Waller, Waller, Louis Fed, Michelle Bowman, Bowman, Lisa Cook, Austan Goolsbee, Goolsbee, Neel Kashkari, Kashkari, Howard Schneider, Lindsay Dunsmuir, Michael Derby, Ann Saphir, Paul Simao, Andrea Ricci Organizations: Federal Reserve, St, Ohio Bankers League, Fed, New York Fed, Atlanta, CNBC, Chicago Fed, Minneapolis, Bloomberg Television, Thomson Locations: U.S
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