News aggregator

Stocks Rise as Fed Chair Powell Signals Rate Cuts in Jackson Hole Speech

NY Times Home Page - Fri, 08/23/2024 - 8:31pm
Jerome H. Powell made it clear that the Federal Reserve will cut rates on Sept. 18, as the central bank turns the corner in its fight against inflation.
Categories: News

DeBoer: Bama didn't 'steal' Miami (Ohio) kicker

ESPN - Fri, 08/23/2024 - 8:06pm
Miami (Ohio) coach Chuck Martin has accused Alabama of "illegally" recruiting All-America place-kicker Graham Nicholson, a charge that Crimson Tide coach Kalen DeBoer denies.
Categories: Sports

Kamala Harris, Hoping to Build Momentum, Plans Battleground State Tour Next Week

NY Times Home Page - Fri, 08/23/2024 - 6:56pm
After accepting the nomination, Ms. Harris was flying back to Washington on Friday for a weekend respite before returning to the campaign trail next week.
Categories: News

German police detain a suspect in knife attack that killed 3

NPR World - Fri, 08/23/2024 - 6:49pm

The Islamic State militant group claimed responsibility for the knife attack in Solingen, Germany, that killed three people and wounded eight others at a crowded festival.

(Image credit: Christoph Reichwein)

Categories: News

Atlantic Tropical Weather Outlook

National Hurricane Center - Fri, 08/23/2024 - 6:27pm

000
ABNT20 KNHC 232327
TWOAT

Tropical Weather Outlook
NWS National Hurricane Center Miami FL
800 PM EDT Fri Aug 23 2024

For the North Atlantic...Caribbean Sea and the Gulf of Mexico:

Tropical cyclone formation is not expected during the next 7 days.

$$
Forecaster Berg
Categories: Weather

Rams LT Jackson suspended 2 games for conduct

ESPN - Fri, 08/23/2024 - 6:27pm
Los Angeles Rams left tackle Alaric Jackson has been suspended for the first two games of the season for violating the NFL's personal conduct policy, the team announced Friday.
Categories: Sports

Sinner shakes up staff after positive doping tests

ESPN - Fri, 08/23/2024 - 6:27pm
Sinner, a US Open favorite, tested positive for a banned substance twice but avoided a suspension earlier this week.
Categories: Sports

Belichick in '26? HOF trims coach wait to 1 year

ESPN - Fri, 08/23/2024 - 6:27pm
Bill Belichick and Pete Carroll could both be eligible for induction in the Pro Football Hall of Fame in 2026 after the Hall agreed to reduce the waiting period for coaches from five seasons to one.
Categories: Sports

Republican-led States Challenge Effort to Aid Undocumented Spouses

NY Times Home Page - Fri, 08/23/2024 - 6:20pm
The new Biden administration initiative, which could put many undocumented spouses of Americans on a path to U.S. citizenship, began taking applications this week.
Categories: News

Sudan’s Military Spurns Cease-Fire Talks in Switzerland

NY Times Home Page - Fri, 08/23/2024 - 5:04pm
American-led mediators secured famine relief for needy areas. But with Sudan’s military failing to attend, a cease-fire was far out of reach.
Categories: News

Prosecutors Unlikely to Seek ‘Mini-Trial’ in Trump Jan. 6 Case

NY Times Home Page - Fri, 08/23/2024 - 5:00pm
Jack Smith, the special counsel, is said to be leaning against requesting a public courtroom hearing where he could broadly set out the evidence that the former president sought to overturn the 2020 election.
Categories: News

Democrats Are Upbeat, but Face a Tough Race Ahead

NY Times Home Page - Fri, 08/23/2024 - 4:44pm
Also, Powell said the “time has come” for interest rate cuts. Here’s the latest at the end of Friday.
Categories: News

Korda regains form, leads Women's Open by 3

ESPN - Fri, 08/23/2024 - 4:38pm
Nelly Korda mastered more blustery conditions at St. Andrews by shooting a bogey-free, 4-under 68 in the second round on Friday to take a three-stroke lead at the Women's Open.
Categories: Sports

Bears DB Coleman out of hospital, heading home

ESPN - Fri, 08/23/2024 - 4:38pm
Bears defensive back Douglas Coleman III is out of the hospital and headed back to Chicago after suffering an injury while making a tackle in Thursday's preseason game in Kansas City.
Categories: Sports

Bears get Seahawks LB Taylor to boost pass rush

ESPN - Fri, 08/23/2024 - 4:38pm
The Bears have added to their pass rush, sending a 2025 sixth-round pick to the Seahawks in exchange for linebacker Darrell Taylor.
Categories: Sports

Israel Presses for Gaza Border Presence as Part of Cease-Fire Deal

NY Times Home Page - Fri, 08/23/2024 - 4:37pm
Mediators in truce negotiations, including the C.I.A. director and President Biden’s Middle East envoy, are seeking a summit next week to keep the struggling talks alive.
Categories: News

The trade fraud detective

NPR World - Fri, 08/23/2024 - 4:26pm

When David Rashid took over US autoparts maker Plews and Edelmann, the company was losing business to its Chinese rival, Qingdao Sunsong. Both companies make power steering hoses, but Sunsong was offering its hoses to retailers at a much lower price.

Then, in 2018, the Trump administration threw companies like Rashid's a lifeline, by announcing tariffs on a range of Chinese goods, including some autoparts. Rashid thought the tariffs would finally force Sunsong to raise its prices, but, somehow, the company never did.

It was a mystery. And it led Rashid to take on a new role – amateur trade fraud investigator. How could his competitor, Sunsong, absorb that 25% tax without changing its prices? And why had all of Sunsong's steering hoses stopped coming from China and started coming from Thailand?

On today's episode, the wide gulf between how tariffs work in theory... and how they actually work in practice. And David Rashid's quest to figure out what, if anything, he could do about it. It's a quest that will involve international detectives, forensic chemists, and a friendship founded on a shared love for hummus.

This episode was hosted by Keith Romer and Jeff Guo. It was produced by Emma Peaslee and edited by Molly Messick. It was fact-checked by Sierra Juarez and engineered by Ko Takasugi-Czernowin. Alex Goldmark is our executive producer.

Help support
Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

Categories: News

Paralympics Will Drop Ban on Olympic Rings Tattoos

NY Times Home Page - Fri, 08/23/2024 - 4:20pm
Athletes had previously been forced — under threat of expulsion — to cover the symbol because of a rule against body advertising.
Categories: News

Matsuyama withdraws from BMW with back injury

ESPN - Fri, 08/23/2024 - 4:01pm
Hideki Matsuyama withdrew from the BMW Championship before the start of the second round Friday with a lower back injury.
Categories: Sports

Hostages are laid to rest in Israel as a new round of cease-fire talks is expected

NPR World - Fri, 08/23/2024 - 3:59pm

Families held funerals for six hostages whose bodies were recovered from Gaza. Many in Israel think the next round of cease-fire talks may be the last chance to bring home hostages who remain alive.

(Image credit: Maya Levin for NPR)

Categories: News
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