Click on the Manage Content for adding and managing content.
Click on the Rotator Settings and choose what and how it will be displayed.

Trump’s teleprompter operator under investigation for insider trading, sources say

Kraig Pakulski 0 42 Article rating: No rating
A teleprompter is visible as President Donald Trump speaks during a Medal of Honor ceremony in the East Room of the White House on March 2

By Marshall Cohen, CNN

(CNN) — The federal agency that regulates prediction markets is investigating President Donald Trump’s longtime teleprompter operator for potential insider trading, according to two sources familiar with the matter.

The sources said White House employee Gabriel Perez made trades on the prediction site Kalshi that were flagged for possible insider activity. The trades were on “mention markets,” where users can bet on which words and phrases that public figures, including Trump, will say at speeches and events.

Kalshi referred its findings to the Commodity Futures Trading Commission, the federal agency that regulates prediction markets. One of the sources said Perez made more than $90,000 in profits from the trades in question, but the profits have been frozen.

“Our surveillance team promptly flagged and referred these trades to the CFTC, and we are cooperating and assisting regulators,” Kalshi’s head of enforcement, Robert DeNault, said in a statement.

Perez has cooperated with the CFTC investigation, according to one of the sources.

CNN has reached out to the White House, CFTC and Perez for comment. In response to CNN’s inquiries, a CFTC spokesperson said the agency “can’t confirm or deny an investigation.”

This is the first known instance of a White House employee alleged to be involved in an insider trading scheme on prediction markets, which have exploded in popularity this year.

Earlier this year, the White House warned its staff against insider trading on prediction markets. The March 24 memo told employees that “the misuse of nonpublic information by government employees for financial benefit is a very serious offense and will not be tolerated.”

The Trump-era CFTC has championed prediction markets. But CFTC chair Mike Selig, a Trump appointee, has pledged to crack down on insider trading, including if it came from the White House.

Perez is Trump’s longtime teleprompter operator who has traveled and worked with him for a decade. He is one of the handful of aides the president trusts with his remarks and is often the last person to see Trump’s speeches before he delivers them. Given how often the president makes last minute edits to public remarks, he works extremely closely with Perez and has previously argued that he is the only person who can operate his prompter.

Perez is among the highest-paid members of White House staff. According to a report submitted to Congress, Perez’s 2026 salary is $175,000. His official title is “deputy assistant to the president and technical advisor.”

Trump praised Perez during an event in Reno on the 2024 campaign trail, saying, “I have a guy, Gabe. He’s excellent. I’ve had some real bad ones, but I have Gabe.”

CNN has a partnership with Kalshi and uses its data to cover major events, but CNN editorial employees aren’t allowed to trade on prediction marke

Mortgage rates hit highest level since the start of the Iran war

Kraig Pakulski 0 52 Article rating: No rating

By Samantha Delouya, CNN

(CNN) — Geopolitical tensions are rippling through America’s housing market, adding to the financial strain on homebuyers.

This week, the average rate on a 30-year fixed mortgage climbed to 6.55% — its highest level in nearly a year — after renewed strikes in Iran after renewed strikes in Iran rattled financial markets.

The increase all but extinguishes the optimism that defined the start of the spring homebuying season, when many economists expected falling mortgage rates to help thaw the housing market.

In February, the average mortgage rate briefly fell below 6% for the first time in three and a half years. But fighting that erupted in the Middle East days later upended that trajectory, pushing bond yields and mortgage rates higher as investors worried the conflict would keep oil prices and inflation elevated.

And there are signs elevated mortgage rates are keeping would-be buyers out of the market.

Pending home sales in June fell by 5.4% month-over-month and by 0.3% since last year, according to a report from the National Association of Realtors released on Thursday.

“The highest mortgage rates in nearly a year and the record-high national median home price together are contributing to a tepid housing market that is especially difficult for first-time homebuyers,” said NAR Chief Economist Dr. Lawrence Yun.

Mortgage applications also fell 7% last week and were 2% lower than last year, according to data from the Mortgage Bankers Association.

Mortgage rates tend to track the 10-year Treasury yield, which was volatile late last week and early this week as the US renewed strikes on Iran last week after a brief ceasefire.

The brief stop in fighting last month led to a drop in energy prices – and, in turn, cooling inflation at the wholesale level.

On an annual basis, the Producer Price Index slowed to 5.5% in June, compared to 6% in May. But renewed fighting has sent oil prices rising once again.

“Mortgage rates are caught between cooler inflation data and renewed energy risks,” Kara Ng, a Zillow senior economist, said. “Softer June inflation reduced the likelihood of a near-term Federal Reserve rate increase, but higher oil prices are keeping pressure on the inflation outlook and borrowing costs.”

Despite recent economic disruptions, Zillow still expects mortgage rates to drift lower, albeit not by much, to 6.4% by the end of 2026. That would still be higher than where rates ended last year, though.

The-CNN-Wire
™ & © 2026 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.

The post Mortgage rates hit highest level since the start of the Iran war appeared first on News Channel 3-12.

El peligroso humo de los incendios forestales en Canadá avanza hacia los Grandes Lagos y el noreste de EE.UU.

Kraig Pakulski 0 59 Article rating: No rating

Por Dakota Smith, CNN

Enormes columnas de humo de los incendios forestales en Canadá comenzaron a cruzar la frontera hacia Estados Unidos, lo que genera niveles peligrosos de contaminación del aire para más de 100 millones de personas en el Medio Oeste y el noreste.

El humo cubrió los horizontes urbanos y provocó un fuerte deterioro de la calidad del aire este miércoles en el noreste, incluso en Nueva York y Boston. Ambas ciudades estaban bajo alertas por calidad del aire que advertían de niveles insalubres debido a la elevada concentración de partículas finas procedentes del humo de los incendios forestales. También se emitieron alertas antes de la llegada de la peor parte del humo a zonas del Medio Oeste, como Chicago y Detroit.

El humo ya ha sido un problema este verano en partes del oeste, las Grandes Llanuras y el Medio Oeste, mientras los incendios en Estados Unidos han quemado más de 1,46 millones de hectáreas, principalmente en la mitad occidental del país. Sin embargo, el humo más denso que se ha desplazado sobre la región de los Grandes Lagos y el noreste proviene de incendios forestales más al norte.

En Canadá, casi 3.500 incendios han quemado más de 4,8 millones de acres este verano. Una docena de ellos se intensificaron en Ontario en las últimas semanas y llenaron el cielo de humo, que comenzó a desplazarse hacia el sur, como ocurrió de forma extrema en 2023.

La actividad de los incendios forestales en Canadá este año no se acerca a los niveles extraordinarios de 2023, pero la combinación de los incendios en Ontario y un domo de calor sobre el centro de EE.UU. amenaza con generar graves problemas de humo para millones de personas.

La contaminación causada por los combustibles fósiles, que calienta el planeta, aumenta la probabilidad de que las temporadas de humo se prolonguen, al hacer más probable que temporadas extremas de incendios forestales como la de 2023 —la peor registrada en Canadá— dejen pronto de ser una excepción.

El humo insalubre se dirige hacia los Grandes Lagos y el noreste

La más reciente oleada de humo descendió hasta la superficie debido a un cambio en el patrón meteorológico, a diferencia de la columna del martes, que permaneció en gran medida en las capas más altas de la atmósfera.

Como resultado, la calidad del aire se deterioró en el noreste de Pensilvania, Nueva York, partes de Nueva Inglaterra y el norte del Medio Oeste. Es probable que la mala calidad del aire continúe siendo un problema hasta el viernes, mientras el humo permanece en la zona y llegan nuevas columnas desde el norte.

El humo de los incendios forestales contiene diminutos contaminantes peligrosos conocidos como PM2,5, que pueden penetrar profundamente en los pulmones o ingresar al torrente sanguíneo al ser inhalados. Estas partículas minúsculas pueden provocar problemas respiratorios, como bronquitis, y causar inflamación que agrava la diabetes, las enfermedades cardíacas y otros problemas de salud.

Gran parte de Michigan, Minnesota y Wisconsin también estará bajo alertas por calidad del aire debido al humo durante los próximos días.

Las personas con enfermedades pulmonares o cardíacas, los niños y los adultos mayores corren un riesgo especialmente alto de sufrir enfermedades relacionadas con el humo. El Servicio Meteorológico Nacional de EE.UU. recomienda evitar la exposición al humo, limitar las actividades al aire libre y mantener las ventanas cerradas durante la noche.

El único aspecto positivo que trae el humo es que podría aliviar parte del calor. El humo bloquea la luz solar, lo que sería una buena noticia para muchas zonas del noreste donde se esperan altas temperaturas en los próximos días.

El humo está llegando ahora a Estados Unidos gracias a un domo de calor de intensidad récord que permanece sobre la parte central del país.

En lo que va del año ya se han registrado varios do

RSS
First258259260261263265266267Last