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Month: August,2024

Tim Walz’s upbringing in rural Nebraska seemed idyllic. Then came tragedy.

Tim Walz’s upbringing in rural Nebraska seemed idyllic. Then came tragedy.

August 24, 2024
VALENTINE, Neb. — Beyond the Badlands, deep within the undulating landscape of the Sandhills, this speck of a city where Tim Walz spent a decade of his childhood rises abruptly out of the vastness. It is as remote as anywhere in the Midwest, an island of civilization in a Rhode-Island-size county with just 6,000 people […]
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Jesse Jackson, slowed at 82, is still showing up and keeping hope alive

Jesse Jackson, slowed at 82, is still showing up and keeping hope alive

August 24, 2024
CHICAGO — Jesse Jackson sat in a wheelchair near the back wall of a darkened restaurant at the Hyatt Regency McCormick Place. It was late Thursday morning, the final day of the Democratic National Convention. Slowed by Parkinson’s disease at age 82, the reverend was eating, or trying to eat, a breakfast of strawberries, grapes […]
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Fauci hospitalized with West Nile virus, now recovering at home

Fauci hospitalized with West Nile virus, now recovering at home

August 24, 2024
Anthony S. Fauci was hospitalized with West Nile virus this month, according to a spokesperson for the nation’s former top infectious-disease official. Fauci, 83, ran the National Institute of Allergy and Infectious Diseases for nearly four decades before he retired in 2022. He achieved unprecedented fame while enduring withering political attacks as the face of […]
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July home sales break a four-month losing streak as supply rises nearly 20% over last year

July home sales break a four-month losing streak as supply rises nearly 20% over last year

August 24, 2024
Closed sales of previously owned homes rose 1.3% in July compared with June to a seasonally adjusted, annualized rate of 3.95 million units, according to the National Association of Realtors. That was the first gain in five months. Sales were 2.5% lower compared with the same time last year. Sales saw the biggest gains in the […]
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Philadelphia Fed President Patrick Harker advocates for interest rate cut in September

Philadelphia Fed President Patrick Harker advocates for interest rate cut in September

August 24, 2024
Philadelphia Federal Reserve President Patrick Harker on Thursday provided a strong endorsement to an interest rate cut on the way September. Speaking to CNBC from the Fed’s annual retreat in Jackson Hole, Wyoming, Harker gave the most direct statement yet from a central bank official that monetary policy easing is almost a certainty when officials […]
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Peloton to start charging subscribers with used equipment $95 activation fee

Peloton to start charging subscribers with used equipment $95 activation fee

August 24, 2024
Peloton on Thursday said it will start charging new subscribers a one-time $95 activation fee if they bought their hardware on the secondary market as more consumers snag lightly used equipment for a fraction of the typical retail price. The used equipment activation fee for subscribers in the U.S. and Canada comes as Peloton starts to see a […]
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Paramount special committee extends Skydance ‘go shop’ period as it reviews Bronfman offer

Paramount special committee extends Skydance ‘go shop’ period as it reviews Bronfman offer

August 24, 2024
The future of Paramount Global is still uncertain. Paramount’s special committee on Wednesday said it would extend by 15 days an agreed-upon “go shop” period of its merger agreement with Skydance as it reviews a competing offer from Edgar Bronfman Jr. Bronfman initially offered $4.3 billion late Monday for Shari Redstone’s National Amusements, the controlling shareholder of Paramount, according […]
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Walz’s family relied on Social Security when his father died. Many don’t know kids are eligible for benefits.

Walz’s family relied on Social Security when his father died. Many don’t know kids are eligible for benefits.

August 24, 2024
Minnesota Gov. Tim Walz accepted the Democratic vice presidential nomination at the Democratic National Convention on Wednesday night. In his speech, Walz credited a particular source of support for helping to get his family to where they are today — Social Security survivor benefits. His father died of lung cancer when Walz was 19, leaving a “mountain of […]
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DOJ sues software firm RealPage for allegedly helping landlords collude to keep rents high

DOJ sues software firm RealPage for allegedly helping landlords collude to keep rents high

August 24, 2024
The Department of Justice and eight states on Friday accused software company RealPage of unlawfully scheming to undermine competition among landlords and create a monopoly that harms millions of renters. RealPage “allows landlords to manipulate, distort, and subvert market forces,” the Justice Department said in a civil complaint in U.S. District Court in North Carolina. “At bottom, RealPage is […]
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Why Ford believes its $1.9 billion shift in EV strategy is the right choice for the company

Why Ford believes its $1.9 billion shift in EV strategy is the right choice for the company

August 24, 2024
DETROIT — Ford Motor’s profit engine for decades has been large trucks and SUVs in the U.S. So it might surprise investors that the automaker believes its new path to profitability for electric vehicles will first be led by smaller, more affordable vehicles. The new plan is an “insurance policy” for the automaker to be able […]
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White House lawyers who advised Reagan, Bush endorse Harris over Trump in 2024 showdown

White House lawyers who advised Reagan, Bush endorse Harris over Trump in 2024 showdown

August 24, 2024
A dozen Republican White House lawyers who served in the administrations of then-Presidents Ronald Reagan, George H.W. Bush and George W. Bush are endorsing Vice President Kamala Harris in her race against GOP nominee former President Donald Trump. ‘We endorse Kamala Harris and support her election as President because we believe that returning former President […]
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Kamala Harris’ big night helps Democrats reverse their fortunes

Kamala Harris’ big night helps Democrats reverse their fortunes

August 24, 2024
Vice President Kamala Harris gave a ringing speech that fired Democrats up to close the Democratic convention and this more or less picture-perfect convention came to an end. Harris will likely continue to strengthen in the polls as is typical after a convention and there is no doubt that the Democrats are in better shape […]
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Robert F. Kennedy, Jr. to endorse Trump for president, court filing shows

Robert F. Kennedy, Jr. to endorse Trump for president, court filing shows

August 24, 2024
Independent presidential candidate Robert F. Kennedy, Jr. said in a Friday court filing that he will endorse former President Donald Trump, The Associated Press reports. The Kennedy campaign asked Pennsylvania to remove him from the ballot in the court filing, according to the AP. The filing didn’t say explicitly if he would be suspending his […]
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Robert F. Kennedy, Jr. suspends campaign, backs Trump for president

Robert F. Kennedy, Jr. suspends campaign, backs Trump for president

August 24, 2024
Independent presidential candidate Robert F. Kennedy, Jr. on Friday dropped his White House bid and announced support for former President Donald Trump, issuing broadsides against the Democratic Party’s handling of the primary election and media censorship. ‘…I’ve made the heart-wrenching decision to suspend my campaign and to support President Trump. This decision is agonizing for […]
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Independent presidential candidate Robert F. Kennedy, Jr. suspends campaign

Independent presidential candidate Robert F. Kennedy, Jr. suspends campaign

August 24, 2024
Independent presidential candidate Robert F. Kennedy, Jr. on Friday dropped his White House bid and announced support for former President Donald Trump, issuing broadsides against the Democratic Party’s handling of the primary election and media censorship. ‘…I’ve made the heart-wrenching decision to suspend my campaign and to support President Trump. This decision is agonizing for […]
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