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Last Notes

2024-09-14 14:33:52

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Summary of Don't expect 'immediate relief' from the Federal Reserve's first rate cut in years, economist says. Here's why
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The article discusses the possibility of the Federal Reserve cutting interest rates in response to cooling inflation. Experts believe that this move will have a minimal impact on consumers in the short term, but will lead to a series of rate cuts that will have a meaningful impact on borrowing costs in the long term.

2024-08-29 00:13:31

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Summary of A 'man-made disaster' could make it trickier to buy or sell a home in some areas this fall, real estate expert says
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Consumers awaiting the Federal Reserve's rate cut in September should also be aware of NFIP reauthorization by Sept. 30 to avoid disruption in buying homes and obtaining mortgages in flood-prone areas. The potential lapse could lead to halted home sales and difficulty in finding private flood insurance coverage. Homeowners should renew policies early and consider refinancing timing. Although criticized for high premiums, Congress is unlikely to let NFIP expire due to its essential role. It's advised to act before the end of September to avoid potential disruptions.

2024-08-29 00:13:31

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Bullet points of A 'man-made disaster' could make it trickier to buy or sell a home in some areas this fall, real estate expert says
- Consumers awaiting the Federal Reserve's rate cut in September should also be aware of Nfip reauthorization by Sept. 30 to avoid disruption in buying homes and obtaining mortgages in flood-prone areas.
- The potential lapse could lead to halted home sales and difficulty in finding private flood insurance coverage.
- Homeowners should renew policies early and consider refinancing timing.
- Although criticized for high premiums, Congress is unlikely to let Nfip expire due to its essential role.
- It's advised to act before the end of September to avoid potential disruptions.

2024-08-28 20:24:30

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Bullet points of Trump budget would spike deficits by nearly 5 times Harris proposal, says Penn Wharton
- Trump's economic proposals would increase federal deficits by $5.8 trillion over the next decade
- Harris's proposals would add $1.2 trillion to federal deficits
- Trump's plan to permanently extend the 2017 tax cuts would add over $4 trillion to deficits
- Harris's plan to expand the Child Tax Credit, the Earned Income Tax Credit, and other tax credits would raise deficits by $2.1 trillion
- Harris's proposal to raise the corporate tax rate to 28% could partially offset the costs by $1.1 trillion

2024-08-28 11:19:19

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Summary of Treasury yields mixed as investors look ahead to U.S. inflation data
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The 10-year U.S. Treasury yield dipped on Wednesday as investors await a key inflation report, with market participants expecting a rate cut at the Federal Reserve's next meeting, citing Fed Chair Jerome Powell's comments.

2024-08-28 04:12:26

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2024-08-28 04:12:26

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2024-08-28 00:07:07

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Summary of NFL wants to take percentage of private equity investment profits as vote looms
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The National Football League is considering allowing private equity firms to take a maximum 10% stake in teams. This potential move comes as the NFL aims to benefit from private equity profits on future ownership stake sales. Unlike other major sports leagues, the NFL plans to receive a portion of investment profits, a practice that could impact future private equity investments. The league is currently strategizing on how to implement this new policy, which has raised questions about its potential effects on ownership and investment in the NFL.

2024-08-27 21:22:05

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Summary of NFL wants to take percentage of private equity investment profits as vote looms
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The NFL is planning to vote on a proposal that would allow private equity firms to take a maximum 10% stake in teams, but the league intends to take a percentage of the profits. This is a departure from other professional sports leagues, which do not take a percentage of the profits.

2024-08-27 21:22:05

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Bullet points of NFL wants to take percentage of private equity investment profits as vote looms
- The NFL plans to take a percentage of potential private equity profits on future sales of ownership stakes.
- The league is planning to vote on a proposal that would allow private equity firms to take a maximum 10% stake in teams.
- The NFL has never allowed private equity investment before, unlike other professional sports leagues.

2024-08-24 05:13:46

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Summary of Watch DNC Live: Kamala Harris vows to be a 'common sense' president who 'unites us'
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Vice President KAMALA HARRIS delivered a unifying message at the Democratic National Convention, emphasizing common sense leadership and a focus on the middle class. She aims to move past division and bitterness, presenting a stark contrast to President Donald Trump. By promising to be a president for all Americans and highlighting her roots in the middle class, Harris attempts to resonate with moderate voters and counter Trump's attacks. Her speech reflects the party's effort to portray Trump as an unserious threat while positioning herself as a practical alternative. The message underscores the importance of unity and the consequences of reelecting Trump. This narrative seeks to appeal to a broad spectrum of Americans and set a new course for the nation.

2024-08-24 05:13:46

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Bullet points of Watch DNC Live: Kamala Harris vows to be a 'common sense' president who 'unites us'
- Vice President Kamala Harris delivered a unifying message at the Democratic National Convention, emphasizing common sense leadership and a focus on the middle class.
- She aims to move past division and bitterness, presenting a stark contrast to President Donald Trump.
- By promising to be a president for all Americans and highlighting her roots in the middle class, Harris attempts to resonate with moderate voters and counter Trump's attacks.
- Her speech reflects the party's effort to portray Trump as an unserious threat while positioning herself as a practical alternative.
- The message underscores the importance of unity and the consequences of reelecting Trump.
- This narrative seeks to appeal to a broad spectrum of Americans and set a new course for the nation.

2024-08-24 05:12:10

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Summary of Kamala Harris to accept Democratic nomination on Day 4 of DNC. Here's who else is speaking
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Kamala Harris will accept the Democratic Party's presidential nomination at the Democratic National Convention. Other notable speakers at the convention include Tim Walz, Oprah Winfrey, Bill Clinton, and Amanda Gorman. Scheduled speakers for the final night of the DNC include Representatives Katherine Clark, Lucy McBath, and Senators Alex Padilla, Elizabeth Warren, as well as performers The Chicks and Pink. The event will culminate in Harris' acceptance speech, closing the convention in Chicago.

2024-08-22 03:53:05

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Summary of Republicans 'sick and tired of making excuses' for Trump should vote Harris, says GOP ex-Lt. Gov. of Georgia
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Two former Republicans, Olivia Troye and Geoff Duncan, spoke at the Democratic National Convention, urging GOP voters to support Democratic nominee Kamala Harris. They framed the choice between Harris and Donald Trump as a test of patriotism, criticizing Trump's handling of the Covid-19 pandemic and his undermining of the intelligence community, military leaders, and democratic process.

2024-08-22 03:52:45

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Summary of Bill Clinton says choice between Harris and Trump is 'We the people' vs. 'Me, Myself, and I'
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Former President Bill Clinton spoke at the Democratic National Convention, praising Kamala Harris and criticizing Donald Trump, saying 'we have a clear choice: 'We The People' versus 'Me, Myself, and I.' He contrasted Harris's approach with Trump's, saying she will work to solve problems and make every American have a chance to chase their dreams, while Trump divides and blames others.

2024-08-22 01:30:26

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Summary of Watch DNC Live: Tim Walz, Bill Clinton, Nancy Pelosi are Day 3 headliners
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Minnesota Gov. Tim Walz's rise to prominence as Vice President Kamala Harris' potential running mate will culminate in a keynote speech at the Democratic National Convention. His candid interviews and Midwest charm have positioned him as a noteworthy figure. The event also boasts appearances by political heavyweights like Bill Clinton and Nancy Pelosi, alongside rising stars such as Pete Buttigieg. The lineup will be complemented by emcee Mindy Kaling and musical acts like John Legend.

2024-08-21 22:58:25

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Bullet points of RFK Jr. plans to end his presidential campaign and endorse Trump, NBC News reports
- Robert F. Kennedy Jr. plans to drop out of the presidential race and endorse Donald Trump, according to NBC News.
- Kennedy's independent bid threatened to upend the major-party contest between Trump and Vice President Kamala Harris.
- Despite never approaching the level of support of the major-party nominees, Kennedy's campaign showed one of the strongest third-party showings in decades.
- Kennedy's campaign was criticized for being a spoiler campaign that would siphon votes away from the preferred candidate.
- Kennedy's running mate, Nicole Shanahan, suggested the campaign was considering joining forces with Trump.
- Kennedy has spread debunked anti-vaccine claims and has been accused of trafficking in dangerous conspiracy theories.
- Kennedy's campaign leaned heavily on his resume as an environmental lawyer and activist, presenting himself as a voice for disillusioned voters.
- Kennedy's wild personal life, including a recent interview where he recounted planting a dead bear cub in Central Park, has provided a steady stream of human interest.

2024-08-21 22:58:25

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Summary of RFK Jr. plans to end his presidential campaign and endorse Trump, NBC News reports
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Robert F. Kennedy Jr. plans to drop out of the presidential race and endorse Donald Trump, ending his independent bid. Despite his campaign's contrarian views and controversies, Kennedy's appearance on 19 states' ballots could have had a decisive impact. He had previously expressed a kinship with Trump's operation and was accused of running a spoiler campaign that would siphon votes away from the major-party candidates.

2024-07-22 18:08:28

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Summary of Secret Service chief Kimberly Cheatle tells House 'we failed' Trump and others at rally shooting
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Cheatle, the embattled Secret Service Director, admitted to a House panel that the agency failed in protecting former President Donald Trump during an assassination attempt. Despite facing criticism, Cheatle refuses to resign and takes full responsibility for the security lapse. She expressed condolences for the victim and injured individuals while pledging to prevent such incidents in the future. Her commitment to transparency and cooperation with investigations reflects a necessary step towards accountability within the Secret Service. The incident underscores the pressing need for enhanced security measures to safeguard national leaders effectively.