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Karine Jean-Pierre to become White House press secretary, the first Black and out LGBTQ person in the role

By Kaitlan Collins, CNN Karine Jean-Pierre will become the new White House press secretary when Jen Psaki departs her role next week, President Joe Biden announced in a statement Thursday, becoming the first Black and out LGBTQ person to hold the position. Jean-Pierre currently serves as the White House’s principal deputy press secretary. “Karine not

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Traders work the floor of the New York Stock Exchange during morning trading on May 05

The Fed doubters are back

By Julia Horowitz, CNN Business This newsletter yesterday highlighted warnings that market enthusiasm after the Federal Reserve’s latest meeting was misplaced. Investors quickly came to the same conclusion. What’s happening: After the S&P 500 rallied 3% on Wednesday, logging its best day in almost two years, it plunged 3.6% in an ugly trading session on

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