‘I would not associate Jay Powell with craziness,’ says IMF’s Christine Lagarde

International Monetary Fund managing director Christine Lagarde said Thursday she “would not associate” U.S. Federal Reserve Chairman Jerome Powell “with craziness.” “I would not associate Jay Powell with craziness. Lagarde made the comment in response to a question from CNBC’s Geoff Cutmore about U.S. President Donald Trump. I think the Fed has gone crazy,” the president said after walking off Air Force One in Erie, Pennsylvania for a rally. Lagarde added: “All over the world, it is certainly a


International Monetary Fund managing director Christine Lagarde said Thursday she “would not associate” U.S. Federal Reserve Chairman Jerome Powell “with craziness.” “I would not associate Jay Powell with craziness. Lagarde made the comment in response to a question from CNBC’s Geoff Cutmore about U.S. President Donald Trump. I think the Fed has gone crazy,” the president said after walking off Air Force One in Erie, Pennsylvania for a rally. Lagarde added: “All over the world, it is certainly a
‘I would not associate Jay Powell with craziness,’ says IMF’s Christine Lagarde Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-11  Authors: weizhen tan, ted kemp, kazuhiro nogi, afp, getty images
Keywords: news, cnbc, companies, walking, christine, jay, associate, president, bank, fed, imfs, craziness, certainly, central, powell, think, world, lagarde


'I would not associate Jay Powell with craziness,' says IMF's Christine Lagarde

International Monetary Fund managing director Christine Lagarde said Thursday she “would not associate” U.S. Federal Reserve Chairman Jerome Powell “with craziness.”

“I would not associate Jay Powell with craziness. No, no, he comes across, and members of his board, as extremely serious, solid and certainly keen to base their decisions on actual information, and decide to communicate that properly,” she said, speaking to CNBC at the IMF and World Bank annual meetings in Bali, Indonesia.

Lagarde made the comment in response to a question from CNBC’s Geoff Cutmore about U.S. President Donald Trump. The American leader knocked the Fed on Wednesday for continuing to raise interest rates despite some recent market turbulence.

“I think the Fed is making a mistake. They are so tight. I think the Fed has gone crazy,” the president said after walking off Air Force One in Erie, Pennsylvania for a rally.

Lagarde added: “All over the world, it is certainly a good principle to have independence of the central banks and of the central bank governors. Certainly we have advocated that in all countries, and I think that the Fed is no exception.”


Company: cnbc, Activity: cnbc, Date: 2018-10-11  Authors: weizhen tan, ted kemp, kazuhiro nogi, afp, getty images
Keywords: news, cnbc, companies, walking, christine, jay, associate, president, bank, fed, imfs, craziness, certainly, central, powell, think, world, lagarde


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Kroger to hire 11,000 supermarket workers, including 2,000 managers

Amid sweeping changes in the grocery industry, Kroger announced on Tuesday it is hiring for 11,000 new positions, including 2,000 management roles. It is also investing $500 million in associate wages and training and development over the next three years. As an example of the expected wage changes, Kroger cited a labor agreement it recently struck with its worker union in Cincinnati, the UFCW 75. After one year of service, associate wages will rise to $11 an hour. Several grocers, including Wal


Amid sweeping changes in the grocery industry, Kroger announced on Tuesday it is hiring for 11,000 new positions, including 2,000 management roles. It is also investing $500 million in associate wages and training and development over the next three years. As an example of the expected wage changes, Kroger cited a labor agreement it recently struck with its worker union in Cincinnati, the UFCW 75. After one year of service, associate wages will rise to $11 an hour. Several grocers, including Wal
Kroger to hire 11,000 supermarket workers, including 2,000 managers Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-04-10  Authors: lauren hirsch, daniel acker, bloomberg, getty images
Keywords: news, cnbc, companies, industry, walmart, hire, 2000, wages, managers, workers, 11000, supermarket, associate, changes, kroger, yearsas, worker, workforce, including


Kroger to hire 11,000 supermarket workers, including 2,000 managers

Amid sweeping changes in the grocery industry, Kroger announced on Tuesday it is hiring for 11,000 new positions, including 2,000 management roles.

It is also investing $500 million in associate wages and training and development over the next three years.

As an example of the expected wage changes, Kroger cited a labor agreement it recently struck with its worker union in Cincinnati, the UFCW 75. Starting wages will be raised to at least $10 per hour for associates in the Cincinnati/Dayton area. After one year of service, associate wages will rise to $11 an hour.

Kroger has been trying to transform its company as the industry undergoes massive changes, pressured by Amazon’s acquisition of Whole Foods and changing consumer preferences. Several grocers, including Walmart, have realigned its workforce and resources to readjust to the need to focus more digital efforts, including delivery options.

One Kroger effort is the roll out of”Scan, Bag and Go,” a platform that allows shoppers to bypass a traditional cashier in paying for items, to 400 locations by the end of this year.


Company: cnbc, Activity: cnbc, Date: 2018-04-10  Authors: lauren hirsch, daniel acker, bloomberg, getty images
Keywords: news, cnbc, companies, industry, walmart, hire, 2000, wages, managers, workers, 11000, supermarket, associate, changes, kroger, yearsas, worker, workforce, including


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Judge lifts home confinement on Paul Manafort associate Rick Gates

A federal judge on Tuesday lifted home confinement imposed on Richard Gates, an associate of former Trump campaign manager Paul Manafort who faces charges related to the special counsel’s probe of alleged Russian interference in the 2016 U.S. election. Gates had been confined to his home while awaiting trial since he and Manafort were charged with money laundering, conspiracy against the United States and other counts as part of special counsel Robert Mueller’s investigation. Gates and Manafort


A federal judge on Tuesday lifted home confinement imposed on Richard Gates, an associate of former Trump campaign manager Paul Manafort who faces charges related to the special counsel’s probe of alleged Russian interference in the 2016 U.S. election. Gates had been confined to his home while awaiting trial since he and Manafort were charged with money laundering, conspiracy against the United States and other counts as part of special counsel Robert Mueller’s investigation. Gates and Manafort
Judge lifts home confinement on Paul Manafort associate Rick Gates Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-01-16
Keywords: news, games, cnbc, companies, lifts, united, paul, robert, richard, manafort, special, trump, confinement, associate, russian, rick, states, gates, trial, judge


Judge lifts home confinement on Paul Manafort associate Rick Gates

A federal judge on Tuesday lifted home confinement imposed on Richard Gates, an associate of former Trump campaign manager Paul Manafort who faces charges related to the special counsel’s probe of alleged Russian interference in the 2016 U.S. election.

Gates had been confined to his home while awaiting trial since he and Manafort were charged with money laundering, conspiracy against the United States and other counts as part of special counsel Robert Mueller’s investigation. Gates and Manafort have pleaded not guilty.


Company: cnbc, Activity: cnbc, Date: 2018-01-16
Keywords: news, games, cnbc, companies, lifts, united, paul, robert, richard, manafort, special, trump, confinement, associate, russian, rick, states, gates, trial, judge


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Trump associate reportedly said Russia deal would ‘get Donald elected’

In emails to Trump lawyer Michael Cohen that the newspaper cited, the associate, Felix Sater, wrote: “Our boy can become president of the USA and we can engineer it. In a separate email seen by the Times, Sater, a Russian immigrant and then-Trump Organization broker, wrote: “I will get Putin on this program and we will get Donald elected.” It is not clear why Sater would have thought a Trump Tower project in Moscow would have helped the president’s chances of winning. Separately on Monday, The W


In emails to Trump lawyer Michael Cohen that the newspaper cited, the associate, Felix Sater, wrote: “Our boy can become president of the USA and we can engineer it. In a separate email seen by the Times, Sater, a Russian immigrant and then-Trump Organization broker, wrote: “I will get Putin on this program and we will get Donald elected.” It is not clear why Sater would have thought a Trump Tower project in Moscow would have helped the president’s chances of winning. Separately on Monday, The W
Trump associate reportedly said Russia deal would ‘get Donald elected’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2017-08-28  Authors: jacob pramuk
Keywords: news, games, cnbc, companies, project, elected, wrote, cohen, trump, donald, russia, tower, deal, moscow, associate, russian, times, reportedly, sater


Trump associate reportedly said Russia deal would 'get Donald elected'

One of President Donald Trump’s business associates said in 2015 that a real estate agreement in Russia could aid the then-candidate in winning the White House, The New York Times reported Monday.

In emails to Trump lawyer Michael Cohen that the newspaper cited, the associate, Felix Sater, wrote: “Our boy can become president of the USA and we can engineer it. I will get all of Putins team to buy in on this, I will manage this process.”

In a separate email seen by the Times, Sater, a Russian immigrant and then-Trump Organization broker, wrote: “I will get Putin on this program and we will get Donald elected.”

The development comes as federal and congressional investigators probe Russian efforts to influence the 2016 election and whether the Trump campaign coordinated with the Kremlin. Trump has denied any collusion, though developments since the election have shown that Trump associates were at least willing to accept Russian help during the election.

Cohen told the Times that Sater practices “salesmanship” and that he “ultimately determined that the proposal was not feasible.” Cohen “never agreed” to make a trip to Russia, he added.

It is not clear why Sater would have thought a Trump Tower project in Moscow would have helped the president’s chances of winning.

Separately on Monday, The Washington Post reported that Cohen asked top Kremlin press aide Dmitry Peskov for help with the “stalled” Trump Tower project in January 2016.

“Over the past few months I have been working with a company based in Russia regarding the development of a Trump Tower – Moscow project in Moscow City,” Cohen wrote Peskov, the Post reported, citing a person familiar with the email. “Without getting into lengthy specifics. the communication between our two sides has stalled.”

“As this project is too important, I am hereby requesting your assistance. I respectfully request someone, preferably you, contact me so that I might discuss the specifics as well as arranging meetings with the appropriate individuals. I thank you in advance for your assistance and look forward to hearing from you soon,” he also wrote, according to the Post.

Cohen told congressional investigators that Sater recommended that he write the email, the Post added. He added that “he did not recall receiving a response,” the newspaper reported.

A plan to build a Trump Tower in Moscow never came about. In a statement to the Times on Monday, the Trump Organization said it “has never had any real estate holdings or interests in Russia.”


Company: cnbc, Activity: cnbc, Date: 2017-08-28  Authors: jacob pramuk
Keywords: news, games, cnbc, companies, project, elected, wrote, cohen, trump, donald, russia, tower, deal, moscow, associate, russian, times, reportedly, sater


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