Author: usaeverydaylife

An American journalist who runs an independent newsletter published a document Thursday that appears to have been stolen from Donald Trump’s presidential campaign — the first public posting of a file that is believed to be part of a dossier that federal officials say is part of an Iranian effort to manipulate the U.S. election.The PDF document is a 271-page opposition research file on former President Donald Trump’s running mate, Sen. JD Vance, R-Ohio.For more than two months, hackers who the U.S. says are tied to Iran have tried to persuade the American media to cover files they stole. No outlets took…

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JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, D.C., on Dec. 6, 2023.Evelyn Hockstein | ReutersBuried in a roughly 200-page quarterly filing from JPMorgan Chase last month were eight words that underscore how contentious the bank’s relationship with the government has become.The lender disclosed that the Consumer Financial Protection Bureau could punish JPMorgan for its role in Zelle, the giant peer-to-peer digital payments network. The bank is accused of failing to kick criminal accounts off its…

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These commodity stocks could win big as China moves to boost its struggling real estate sector and economy, according to Morgan Stanley. The picks from the investment firm come after China’s central bank laid out plans to support a lagging housing market and said it would slash the amount of cash needed on reserve for banks as the second-largest economy contends with weak demand and a growth slowdown. Morgan Stanley’s team believe these measures display a heightened “sense of urgency” and signal that China is “taking deflation seriously.” “While our China property analyst, Stephen Cheung, would like to see more…

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The small-cap benchmark Russell 2000 is a swing trader’s dream. Here’s how to trade it with options. Although it is very volatile and exhibits wild swings, in the 1-year daily chart shown below, it becomes evident how confined its movement is within a well-defined trading range. The index frequently fluctuates between established support and resistance levels. Whenever it breaches one of these levels, it quickly stabilizes in a new trading range. Currently, the index’s range lies between 2260 and 2100. Recently, on 9/19, it encountered resistance at 2260 and has since started a pullback. Based on this analysis, I am…

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New York City Mayor Eric Adams arrived in federal court in Manhattan on Friday morning for his arraignment on criminal charges of receiving illegal campaign donations and undisclosed luxury travel gifts while doing favors for Turkey’s government and Turkish businessmen.Adams, 64, was charged in a five-count indictment unsealed Thursday alleging conspiracy, bribery, wire fraud, and soliciting campaign contributions by foreign nationals.He has vowed to fight the case, even as a growing number of New York politicians call for his resignation and as Gov. Kathy Hochul, a fellow Democrat weighs whether to force him from office by invoking a never-before-used provision…

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Dilara Irem Sancar | Anadolu | Getty ImagesThe OPEC+ alliance is once more cracking down on group compliance with oil output cuts, as it presses ahead with a three-pronged plan of formal and voluntary production trims. Two OPEC+ delegates, who could only comment anonymously because of the sensitivity of the talks, told CNBC that the coalition has sharpened its focus on the conformity of its members with their output pledges, amid repeat overproduction from heavyweight members such as Iraq and Kazakhstan. Russia, whose barrels are sanctioned in the West and transported with lower visibility across a shadow fleet, has also at…

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Maggie Smith, the masterful, scene-stealing actor who won an Oscar for “The Prime of Miss Jean Brodie” in 1969 and gained new fans in the 21st century as the dowager Countess of Grantham in “Downton Abbey” and Professor Minerva McGonagall in the Harry Potter films, died Friday. She was 89.Smith’s sons, Chris Larkin and Toby Stephens, said in a statement that Smith died early Friday in a London hospital.”She leaves two sons and five loving grandchildren who are devastated by the loss of their extraordinary mother and grandmother,” they said in a statement issued through publicist Clair Dobbs.Smith was frequently…

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A customer shops at a Whole Foods grocery store in Edgewater, N.J. on Sept. 11th, 2024.Adam Jeffery | CNBCInflation moved closer to the Federal Reserve’s target in August, easing the way for future interest rate cuts, the Commerce Department reported Friday.The personal consumption expenditures price index, a measure the Fed focuses on to measure the cost of goods and services in the U.S. economy, rose 0.1% for the month, putting the 12-month inflation rate at 2.2%, down from 2.5% in July and the lowest since February 2021.Economists surveyed by Dow Jones had been expecting all-items PCE to rise 0.1% on…

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Here are the biggest calls on Wall Street on Friday: Morgan Stanley upgrades Wynn Resorts to overweight from equal weight Morgan Stanley says it sees an attractive risk/reward for Wynn shares. “The combination of near low valuation, an underappreciated growth opportunity in UAE, and optionality around Macau provide a favorable risk-reward & re-rating potential based on a combination of catalysts:” Deutsche Bank reinstates Dell as buy Deutsche resumed coverage of the stock and says it sees robust growth ahead. “We expect top-line growth to accelerate into the double-digits over the next several quarters, as DELL benefits from a confluence of…

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