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☆ Tesla keeps touting future plans. But without specific details, investors aren't buying it.
▼ + stars: | 2024-07-24 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at another Tesla earnings report that was light on details about big future plans . The approach worked well last quarter when Tesla's earnings report was even worse than expected . However, big-picture plans without concrete details fell flat for investors this time around. It's Tesla's silver lining amid the EV market slowdown. But as beneficial as competitors were to Tesla this quarter, others seem to be gearing up for battle.

Persons: Jordan Strauss, Chelsea Jia Feng, Elon, Katherine Tangalakis, Hannah Getahun, that's, —, Musk, Toby Melville, BI's Nora Naughton, It's, BI's Jordan Hart, Sundar Pichai, Waymo, Jenny Chang, Rodriguez, Wall, Keith Lerner, Ed Yardeni, Michael M, Tyler Le, Jensen Huang, Rebecca Zisser, Biden, Benjamin Netanyahu, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Business, Chelsea, AP, Tesla, Getty, BI Supply, Nvidia, Big Tech, Hollywood, AWS, Microsoft, Paramount, Digital, Google, IBM, Ford Motors, Samsung, Galaxy, The Locations: Waymo, San Francisco, Phoenix, New York, Paris, London

☆ We're slashing our rating on Ford after the automaker's old issues come back to haunt it
▼ + stars: | 2024-07-24 | by ( Jeff Marks | ) www.cnbc.com time to read: +8 min

However, Ford went 0 for 2 on Wednesday as an old enemy in warranty expenses returned to bite the Blue Oval. And it's an even more unfortunate setback because Ford management said on its April earnings call that the company has made "real progress" on its goal of making better vehicles. The best story at Ford remains Ford Pro , the unit that houses the company's fleet and commercial vehicles. But last quarter management said the business was tracking toward the higher end of the range, and that no longer appears to be the case. The new Ford F-150 truck goes through the assembly line at the Ford Dearborn Plant on April 11, 2024 in Dearborn, Michigan.

Persons: FactSet ., Motors, Ford, Morgan Stanley, Adam Jonas —, JD Power's, It's, Jim Farley, Jim Cramer's, Jim Cramer, Jim, Bill Pugliano Organizations: Ford, LSEG, FactSet, General Motors, Tesla, Ford Model, Revenue, Ford Pro, Super Duty, CNBC, Ford Dearborn Plant, Getty Locations: Ford, management's, Dearborn , Michigan

☆ Alphabet moves past early stumbles in AI to deliver positive story to investors
▼ + stars: | 2024-07-23 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

Strong numbers in the company's search and cloud businesses more than offset the slight misses in the YouTube and network units. Cloud recorded a couple of big firsts: exceeding $10 billion in revenue, along with $1 billion in operating income. Whereas investors were — and many still are — concerned about what generative AI might mean for Alphabet's search revenue, the opposite appears to be the case, at least for now. Google Cloud revenue grew roughly 28% to more than $10 billion for the first time. Strong numbers in the company's search and cloud businesses more than offset the slight misses in the YouTube and network units.

Persons: we're, capex, Sundar Pichai, Pichai, Philipp Schindler, Schindler, Ruth Porat, Eli Lilly, Anat Ashkenazi, Jim Cramer's, Jim Cramer, Jim, Loren Elliott Organizations: YouTube, Microsoft, Club, Nvidia, Lens, CTV, Nielsen, Google, buybacks, CNBC, Government, Society, Calif, Bloomberg, Getty, Meta Locations: That's, U.S, Stanford

☆ The Greek islands are grappling with a water crisis as tourist season kicks into gear
▼ + stars: | 2024-07-23 | by ( Laura Paddison | Chris Liakos | ) edition.cnn.com time to read: +8 min

CNN —The Greek Islands, known for their idyllic towns, rugged landscapes and sun-baked beaches, are in the grip of a serious crisis. “They combine lack of water resources — shallow aquifers, rare rivers or dams — with a tremendous rise in water demand during summer,” he told CNN. Kottakis blamed the crisis on Leros on a failure to maintain the island’s two desalination units, which are both in disrepair. Tourism is “unsustainable and zero-planned,” which is leading to a tremendous rise in water demand, said Mylopoulos, the university professor. Multiple wildfires raged and at least six tourists, including British TV presenter and doctor Michael Moseley and an American tourist, died as high temperatures scorched the Greek islands.

Persons: ”, Dimitris Lianos, Lianos, what’s, Stelios Misinas, Nikitas Mylopoulos, Kostas Lagouvardos, Panagiotis, Krontiras, ” Kottakis, Timotheos Kottakis, Kottakis, Mylopoulos, Michael Moseley, Vassilis Psomas, ” Krontiras, ” CNN’s Allison Chinchar, Brandon Miller, Sara Tonks Organizations: CNN, Reuters, University of Thessaly, National Observatory of, Farmers, Greek Navy Locations: Crete, Kefalonia, Naxos, Prokopios, Greece, Cycaldes, “, National Observatory of Athens, Panagiotis Krontiras, Tinos, —, Lagouvardos, British, American, Sofiko, Corinth, Greece's Peloponnese

☆ It’s too hot to sell a house this summer, some real estate experts say. What home sellers can do
▼ + stars: | 2024-07-23 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +2 min

watch nowOpen houses during the morning, virtual showingsSelling a home during summer with extreme heat will call for more flexibility from sellers, according to experts. If that's the case, offer handheld fans or refreshments can help buyers stay cool, Mainord explained. Make sure the HVAC system is servicedIf you're hoping to sell your home during the summer, make sure the heating, ventilation and air conditioning system in the house is working properly. "We want to make sure that the HVAC systems or units are being serviced, that they're being maintained properly, that they're working properly," said Sanchez. "HVAC systems can be vastly expensive," said Ashton Lawrence, director and senior wealth advisor at Mariner Wealth Advisors in Greenville, South Carolina.

Persons: I've, Sanchez, Terry Mainord, Mainord, Ashton Lawrence Organizations: Mariner Wealth Advisors Locations: Brooklyn , New York, Greenville , South Carolina

CNN witnessed exhausted and angry Palestinians fleeing Khan Younis, once Gaza’s second-biggest city. People displaced in Khan Younis expressed anger at Israel, Hamas and other Arab leaders for the war. They are fighting civilians, women, and children.’Smoke billows over Khan Younis, following Israeli bombing in the neighborhood earlier this week. The IDF post warned civilians in Khan Younis that it “will act forcefully against terrorist organizations. The Civil Defense also alleged that its rescuers in Khan Younis had been targeted while trying to recover civilians.

Persons: Khan Younis, Israel's, Abdel Kareem Hana, Mohammad Saqer, Saqer, ”, Israel, Younis, Mohammad Abdul Jawad, Al Zanneh, Al Qarara, Bani Sehaila, ” Jawad, Nasser, Hatem Khaled, Hazem, …, ’, Yahya Sinwar, Ismail, Haniyeh, Riham Al Agha, ” Al Agha, “, Abu Sleiman Organizations: CNN, Israel Defense Forces, Hamas, Nasser Medical, IDF, Ministry of Health, Reuters, Fatah, UN Relief and Works Agency, Gazan Civil Defense Directorate, Civil Defense Locations: Israel, Gazan, Khan, Shujayah, Gaza, Rafah, Abasan, Al

☆ GM slows its EV plans again even as sales grow
▼ + stars: | 2024-07-23 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

Barra's comments come a week after she raised concerns about GM hitting its North American EV production capacity target. The entire Buick brand has targeted being fully electric by 2030, as part of GM's plans to exclusively offer consumer EVs by 2035. GM previously announced plans for four of the multibillion-dollar plants in the U.S. by 2026. Barra on Tuesday said the company would grow cell production in a "meaningful cadence." GM CFO Paul Jacobson declined to discuss potential plans to delay or cancel the automaker's future EV battery cell plants, aside from the two facilities making cells in Ohio and Tennessee.

Persons: Motors, Mary Barra, Barra, Paul Jacobson, " Jacobson, EVs, Jacobson Organizations: DETROIT –, Buick, GM, American, Detroit, LG Energy, EV Locations: Detroit, DETROIT, U.S, Michigan, North America, Ohio, Tennessee

☆ Lebanon is 'not tank country' and an Israeli armored assault there exposes it to Hezbollah's firepower
▼ + stars: | 2024-07-23 | by ( Paul Iddon | ) www.businessinsider.com time to read: +8 min

Towards the end of their 34-day war in 2006, the Israeli Army sent tanks into southern Lebanon. Advertisement"Out of the 400 tanks involved in the fighting in southern Lebanon, 48 were hit, 40 were damaged, and 20 penetrated. Israeli tanks suffered losses to Hezbollah during their 2006 war in Lebanon. Any cross-border incursion by Israeli armor would undoubtedly have cover and protection from accompanying infantry, artillery, aircraft, and drones. "The idea is that the first missile is taken out by an Israeli tank's Trophy defense system, but (that active protection system) doesn't have time to counter the second missile.

Persons: —, That's, Hassan Nasrallah, Israel, Nicholas Heras, Ryan Bohl, RANE, Nicholas Blanford, Blanford, RANE's Bohl, Spike ATGMs, Heras Organizations: Service, Business, Hezbollah, New Lines Institute, Israeli Army, GALI TIBBON, Getty, East, Hamas, Atlantic Council, Israel, IDF Locations: Israel, Iran, Lebanon, Lebanese, Russian, Wadi Saluki, Wadi Hujeir, GALI, Gaza, North Africa, Iranian

☆ AI startup Cohere cuts staff after $500 million funding round
▼ + stars: | 2024-07-23 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

Cohere, the artificial intelligence startup founded by ex-Google AI researchers and backed by Nvidia , cut about 20 roles on Tuesday, CNBC confirmed. Despite the cuts, Cohere is hiring in areas such as customer operations, partnerships, revenue, sales, product design and modeling, according to its website. In June 2023, Cohere raised $270 million at a $2.2 billion valuation, with Salesforce and Oracle participating in the funding round. Many customers include businesses in banking, financial services and insurance, Kon told CNBC in the past. In November, Cohere told CNBC it saw an uptick in customer interest after OpenAI's sudden and temporary ouster of CEO Sam Altman.

Persons: Aidan Gomez, OpenAI, Cohere, Fortune, It's, Anthropic, Claude chatbot, Martin Kon, Kon, Sam Altman Organizations: Cohere Inc, Economic, Cohere, Google, Nvidia, CNBC, AMD, Oracle, Salesforce, Company, White, Enterprise Locations: Davos, Switzerland, Cohere, Cohere's

☆ These apartments go for more than $100,000 a month. Why the superrich are deciding to rent rather than buy.
▼ + stars: | 2024-07-23 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +8 min

AdvertisementIn doing so, they have etched out a new niche at the most rarefied heights of the residential market, in part by persuading buyers who might have lavished millions of dollars – or more – to rent instead. Rental projects, on the other hand, while less lucrative upfront, offer more stability for owners with a long time horizon. It recently reconsidered the plan based on the success of the building's rentals, Aries said, and is now offering the penthouse unit for rent. A guest room at a Maison Hudson luxury apartment Kira Turnbull for The CollectionBased on the success of Maison Hudson, Wainbridge is planning identical projects in Los Angeles and Miami Beach, according to Oudinot. Advertisement"The demand is thin and high and very volatile" at the top of the residential market, according to Nancy Packes, a real estate advisor and broker.

Persons: —, Ken Griffin, –, Maison, Tyrone McKillen, McKillen, Maison Hudson, Kira Turnbull, Jay, Beyonce, Erin Boisson Aries, Douglas Elliman, Aries, Maison Hudson Kira Turnbull, Maison Hudson's, Mikhail Kurnev, Kurnev, Jacques Oudinot, Barths, Oudinot, Wainbridge, Nancy Packes Organizations: Service, Business, Maison Hudson, Bel Air, Wainbridge, Miami Locations: Manhattan, West, Los Angeles, Maison, London, Fasano, Paris, Saint, St, Maison Hudson, Miami Beach

☆ I was kicked out of high school, so I turned to the Marines for a way forward. Now, I'm a corporate lawyer with degrees from Stanford and Harvard.
▼ + stars: | 2024-07-23 | by ( Elle Hardy | ) www.businessinsider.com time to read: +7 min

At 17, I was kicked out of high school because I skipped class to work at my fast-food job and hang out with my friends. I was always interested in the MarinesAfter getting kicked out of school, I enlisted in the Marine Corps. AdvertisementI got my GED and took 15 units of entry-level community college classes, like English 101 and US History. AdvertisementI left the military and began classes at a community collegeTragically, our first daughter died during birth. It's pretty amazing that a Black kid from a low-income family who didn't finish high school was able to achieve all of this.

Persons: —, Andrew Hanson, I'd, Stanford, I've, they've, Lauryn Haas Organizations: Service, Business, Marines, Marine Corps, School of Infantry, Tragically, Stanford, Columbia, Department of Justice, Harvard University, Department of Veterans Affairs, Harvard Locations: Virginia, Chicago, Camp Pendleton , California, Iraq, New Orleans, California, Washington, Cambridge , Massachusetts, Skadden, Slate, lhaas@businessinsider.com

☆ June home sales slump, pointing to a buyer's market as supply increases
▼ + stars: | 2024-07-23 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

"We're seeing a slow shift from a seller's market to a buyer's market," said Lawrence Yun, chief economist for the Realtors. These inventory levels are the highest supply since May 2020, boosted by homes sitting on the market longer. Supply of homes for sale is weakest on the lower end, but is seeing a new surge now. While the sales price nationally is high, new listing prices are lower. Either home sales rise, or, if the prices do not rise, the prices would buckle down," Yun added.

Persons: Lawrence Yun, Danielle Hale, Yun Organizations: National Association of Realtors, Realtors, Realtor.com, Investors Locations: Patchogue, N.Y, Patchogue , New York

☆ Here are Tuesday's biggest analyst calls: Apple, Nvidia, Tesla, Krispy Kreme, Skechers, Amazon, First Solar, Qualcomm and more
▼ + stars: | 2024-07-23 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley upgrades Skechers to overweight from equal weight and downgrades Under Armour to underweight from equal weight Morgan Stanley said its Skechers channel checks looked promising. "We initiate coverage of LandBridge (LB) with a Buy rating and a $35 price target following its IPO last month." Morgan Stanley reiterates First Solar as overweight Morgan Stanley said First Solar could benefit from a new Trump administration. Morgan Stanley reiterates Amazon as top pick Morgan Stanley said Amazon is its favorite pick ahead of earnings, but that the firm also likes Alphabet and Meta. Morgan Stanley initiates Alumis as overweight Morgan Stanley said it's bullish on shares of the immunology company.

Persons: TD Cowen, Morgan Stanley, Armour, Bernstein, Apple, Guggenheim, Tesla, Baird, it's, Krispy Kreme, Goldman Sachs, Goldman, Trump, Wells, Piper Sandler, Piper, TD Cowen downgrades Darden, Cowen, Oppenheimer Organizations: Procter, Gamble, HSBC, CrowdStrike, Qualcomm, JPMorgan, Goldman, Barclays, Nvidia, Amazon, Microsoft, Citi, Rio Tinto, Deutsche Bank, Aerospace, Deutsche, Farnborough Air, Darden Locations: Rio, Olive, stagnate

Though many Americans believe the housing market is at risk of crashing, the economists who study housing market conditions overwhelmingly do not expect a crash in 2024 or beyond. How low demand can cause a housing market crashA sudden drop in homebuying demand can lead to a housing market crash. What a housing market crash would mean for homebuyersAnything is possible, and nobody has a crystal ball to see for certain what will happen in the housing market in the coming months and years. Preparing for a potential housing market crashRight now, you probably don't need to be preparing for the housing market to crash. Housing market crash FAQsWhat are the key signs of an impending housing market crash?

Persons: homebuyers, Fannie Mae's, Lawrence Yun, Yun, isn't Organizations: Housing Survey, National Association of Realtors, Housing Locations: exurbs, Chevron

☆ Prenatal marijuana use linked to serious risks for mother during pregnancy, study finds
▼ + stars: | 2024-07-22 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +9 min

CNN —More and more people are using marijuana before or during pregnancy to ease nausea, pain, stress and help with sleep. What about the potential danger to the mother if she uses cannabis before or during early pregnancy? People who used marijuana in early pregnancy also had a “19% greater risk of placental abruption,” Young-Wolff said. Using at least once a month or more was linked to a greater risk of placental abruption, the study found. “More studies are needed to understand whether and how cannabis use in pregnancy may impact risk for gestational diabetes,” Moore said.

Persons: CNN —, ”, Kelly Young, Wolff, ” Young, Brianna Moore, Moore, ” Moore, Dr, Deborah Ansley, “, Young Organizations: CNN, Kaiser Permanente Division of Research, Colorado School of Public Health, Children’s Hospital of Philadelphia, Mayo Clinic, Cleveland Clinic, Kaiser, Kaiser Permanente Locations: Pleasanton , California, Aurora , Colorado, Northern California, Kaiser Permanente Northern California, California, United States

☆ Here's what a Kamala Harris administration could mean for your wallet
▼ + stars: | 2024-07-22 | by ( Cnbc.Com Personal Finance Staff | ) www.cnbc.com time to read: +8 min

Harris' visit, following the attempted assassination of former President Trump, makes this her fourth trip to Michigan this year and seventh visit since taking office. However, Harris voiced some distinctions from Biden before becoming vice president, Watson noted. The vice president plans to bring more relief to borrowers, they said. Harris proposed repealing the Trump tax cuts to pay for it. — Jessica DicklerHousingHarris has been a proponent for affordable housing policies both during her tenure as vice president and as senator.

Persons: Kamala Harris, Trump, Olivia Troye, Amanda Stratton, Harris, Chris duMond, Chris Dumond, Biden, Garrett Watson, Watson, — Kate Dore, Drew Altman, Altman, She'd, Fatima Goss Graves, Roe, Wade —, Greg Iacurci, Pell Grant, Joe Biden, Miguel Cardona, Annie, Laura Veldkamp, Veldkamp, — Jessica Dickler, May, — Ana Teresa Solá Organizations: Getty, Tax, Tax Foundation, Biden, — Kate Dore Health, Affordable, Medicaid, National Women's Law, CNBC, Current U.S . Department of Education, Corinthian Colleges, U.S . Department, Corinthian, Columbia University Business School, U.S . Department of Housing, Urban Locations: KALAMAZOO , MICHIGAN, Kalamazoo , Michigan, Michigan, North Carolina, California, U.S

☆ Top Wall Street analysts are confident about the potential behind these 3 stocks
▼ + stars: | 2024-07-21 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

In this regard, the ratings of top Wall Street analysts and their investment theses can provide useful insights and help us make the right decisions. Bearing that in mind, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. The company recently reported its June sales and announced an increase in its membership fee. He estimates a potential benefit of nearly 3% to the company's earnings per share over each of the next two years. Even after the stock's impressive year-to-date rally, Goldman Sachs analyst Toshiya Hari thinks that it has more room to run.

Persons: Corey Tarlowe, Tarlowe, TipRanks, MongoDB, Ivan Feinseth, Feinseth, Goldman Sachs, Toshiya Hari, Colette Kress, Hari, Nvidia's, Blackwell Organizations: Wall Street, Costco, Jefferies, Tigress, Nvidia Semiconductor, Nvidia, Blackwell Locations: Costco's

☆ Secret Service says it denied some Trump requests for more security, walking back previous story
▼ + stars: | 2024-07-21 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

The Secret Service denied some of former President Donald Trump's requests for additional security resources over the past two years, an official with the agency confirmed to NBC News. The Secret Service official said extra security accommodations could not always be made for Trump due to the department's limited resources. "In some instances where specific Secret Service specialized units or resources were not provided, the agency made modifications to ensure the security of the protectee," Secret Service spokesperson Anthony Guglielmi told NBC News. Last Sunday, he said the assertion that the Secret Service had rebuffed Trump's team's requests for additional security were "absolutely false." In the wake of the attempted assassination of Trump, the Secret Service has been under intense scrutiny.

Persons: Donald Trump, Donald Trump's, Anthony Guglielmi, Trump's, Trump, Kimberly Cheatle, Mike Johnson, Steve Scalise Organizations: Republican National Convention, Secret Service, NBC News, Service, Trump, Washington Post, NBC Locations: Milwaukee , Wisconsin, Trump's Pennsylvania, Trump

☆ From Zyn to vapes: Big Tobacco pushes further toward cigarette alternatives. Here’s who could come out on top
▼ + stars: | 2024-07-21 | by ( Michelle Fox | ) www.cnbc.com time to read: +12 min

If you haven't been paying attention to tobacco companies, you might not recognize the new landscape. The alternatives also include heated tobacco and nicotine vapor products, although with the latter, tobacco companies face big competition from vaping companies and the proliferation of illicit vapes. PM 1Y mountain Philip Morris' one-year performance Countries around the globe have been working for years to reduce tobacco use. There is no way back," Philip Morris Chief Financial Officer Emmanuel Babeau said at a Deutsche Bank conference in June. Most of that came from companies in China, with tobacco companies only taking about 15% share, the bank said.

Persons: Philip Morris, —, Brett Cooper, I'm, Philip, Emmanuel Babeau, Owen Bennett, Cooper, Altria, vapes —, Faham Baig, Dan Ahrens, Ahrens, Edge's Cooper, Jefferies, Bennett, Murray Garnick Organizations: Philip Morris International, Reynolds American, British, Tobacco, Big Tobacco, World Health, Philip Morris, Deutsche Bank, Jefferies, Philip Morris USA, Centers for Disease Control, Drug Administration, U.S, Supreme, FDA, UBS, WHO, Brands, BAT Locations: Colorado, China, rey, Japan, Iquos, U.S, Kentucky, Marlboro, U.S ., London, RRPs

☆ Secret Service tried to block Trump team request for metal detectors at his son's high school graduation, report says
▼ + stars: | 2024-07-21 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

The official said that the Secret Service had even tried to deny a request from Trump's team to install metal detectors at his son Barron Trump's high school graduation in May, which the former president attended with his wife, Melania. The official told The Times that the Secret Service had argued that the graduation was not a "political" event before eventually caving in. Secret Service spokesperson Anthony Guglielmi previously said that "there's an untrue assertion that a member of the former president's team requested additional resources and that those were rebuffed." Crooks was killed by a Secret Service sniper. Kimberly Cheatle, the director of the Secret Service, is set to testify before Congress on Monday.

Persons: —, Barron Trump's, Anthony Guglielmi, Guglielmi, Butler, Thomas Matthew Crooks, Crooks, Tim McCarthy, Ronald Reagan, Mike Johnson, Kimberly Cheatle, Trump Organizations: Service, New York Times, Trump, Business, Times, Secret, The Times, Secret Service, WGN, Department of Homeland Security Locations: New York City, Butler , Pennsylvania, Bethel Park , PA, Chicago

☆ Secret Service says it denied Trump additional resources even as his team complained
▼ + stars: | 2024-07-21 | by ( Kristen Holmes | Holmes Lybrand | ) edition.cnn.com time to read: +2 min

CNN —Former President Donald Trump’s security detail had complained they were not being given enough resources and personnel by the Secret Service over the past two years, and the agency acknowledged Saturday it denied some requests. A spokesperson for the Secret Service said in a statement Saturday that the agency has not provided certain resources in the past but has instead provided other security measures including from local partners. The Washington Post and The New York Times reported earlier Saturday that the Secret Service denied previous request from Trump’s security team over the past two years. In response to questions from CNN over whether the Secret Service had denied additional security requests, a spokesperson told CNN the agency makes “modifications” when certain resources are not provided to protectees. “In some instances where specific Secret Service specialized units or resources were not provided, the agency made modifications to ensure the security of the protectee,” Anthony Guglielmi, chief of communications for the Secret Service, wrote in a statement.

Persons: Donald Trump’s, Trump, ” Anthony Guglielmi, ” Guglielmi, Kimberly Cheatle, Mike Johnson, Cheatle Organizations: CNN, Secret Service, Washington Post, The New York Times, Service, Secret, Trump Locations: Butler , Pennsylvania, Trump, “, Pennsylvania

☆ Divisive Far-Right Politician in Ukraine Is Fatally Shot
▼ + stars: | 2024-07-20 | by ( Constant Méheut | ) www.nytimes.com time to read: +1 min

A gunman shot and killed a far-right Ukrainian politician who stirred controversy with campaigns to promote the Ukrainian language and discredit Russian-speaking compatriots, the authorities say. The former lawmaker, Iryna Farion, was a highly divisive figure. A linguist who belonged to a hard-line nationalist party, she was despised by some for her denunciation of Russian-speaking fighters in elite Ukrainian military units. Many Ukrainians speak Russian, especially in eastern regions closer to Russia. “This was not a spontaneous murder,” he told a news conference on Saturday, adding that it might have been politically motivated or a personal matter.

Persons: Iryna Farion, Farion, Ihor, ” Organizations: Ukrainian Locations: Ukrainian, Russia, Lviv

☆ Residents stage rare protest over power cuts in Russia’s Krasnodar
▼ + stars: | 2024-07-20 | by ( Radina Gigova | ) edition.cnn.com time to read: +2 min

CNN —Residents in the southern Russian city of Krasnodar staged a rare protest on Saturday over electricity cuts and water supply interruptions due to a power grid failure amid record-high temperatures. Angry residents gathered on the streets near residential buildings shouting “Give me light,” after experiencing power cuts for several days, videos posted on social media show. Work to repair the accident is underway and residents are being supplied with drinking water, the city’s mayor Evgeny Naumov said Saturday. The power cuts came as the city is experiencing unusually high temperatures and on Friday a daily record was set for the fourth day in a row, according to Russian state news agency TASS. The government has introduced war censorship laws that can result in severe punishment, including imprisonment, for discrediting the military.

Persons: Evgeny Naumov, Krasnodar Governor Veniamin Kondratyev, Kondratyev, “, ” Kondratyev Organizations: CNN, Residents, TASS, Rostov Nuclear Locations: Russian, Krasnodar, Krasnodar Governor, Rostov, Russia, Ukraine

☆ A self-made millionaire who has invested in real estate, stocks, and crypto shares why index funds are the No. 1 way anyone can build wealth
▼ + stars: | 2024-07-20 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +1 min

Tess Waresmith advises prioritizing stock-market investing over real estate for ease and growth. Waresmith, a financial educator, emphasizes learning the basics of low-cost index funds for wealth. Her diversified portfolio includes rental units, index funds, individual stocks, and crypto assets. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . If she could go back, Waresmith says she would've prioritized stock market investing — specifically, buying low-cost index funds — over real estate.

Persons: Tess, —, Tess Waresmith's, Waresmith Organizations: Service, Business Locations: Tampa , Florida

In America's 20 biggest cities, a 20% down payment ranges from $39,127 in Oklahoma City to $263,392 in San Jose, California. On a $200,000 home, a 3% down payment means you'll need $6,000. FHA mortgage: 3.5%To get an FHA mortgage, you'll need at least a 3.5% down payment. The exact amount you'll pay depends on your down payment and whether you've gotten a VA loan previously. PMI protects lenders on mortgages with high loan-to-value ratios, and it's added to the borrower's monthly mortgage payment.

Persons: you'll, Insider's, Fannie Mae, Freddie Mac, you've, You'll, it's Organizations: Phoenix, Fort, Oklahoma, PMI, Opportunity, National Association of Realtors, Chevron, USDA Locations: Oklahoma City, San Jose , California, Government, York City, NY, Angeles, LA, Chicago, Houston, AZ, Philadelphia, Antonio, Diego, Dallas, Austin, Jacksonville, Jose, Fort Worth , TX, Columbus, Charlotte, NC, Indianapolis, Francisco, Seattle, WA, Denver, homeownership, Chevron

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