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The favorability ratings of both Vice President Harris and former President Trump are on the rise as a greater number of Americans are saying they are ‘extremely motivated’ to vote in this November’s election, a new poll has found. 

The Pew Research Center survey of 9,201 adults – including 7,569 registered voters – has revealed that Harris’ overall favorability rating has increased from 36% to 44% since May, while Trump’s has gone up from 39% to 42%. 

Among voters who identify as Democrats or Democrat-leaning independents, Harris’ approval has jumped from 65% to 83%, while Trump’s is at 79% among Republicans and Republican-leaning independents. 

Nationally, Harris is slightly leading Trump among all voters, 46% to 45%, while Robert F. Kennedy Jr. trails in third with 7%, according to the poll. 

The poll also found that 70% of Harris supporters are saying they are ‘extremely motivated’ to vote, up from 63% of Biden supporters who felt the same way in early July when he was still in the presidential race. 

Meanwhile, 72% of Trump supporters that were surveyed reported feeling the same way, up from 63% in July. 

Even though Biden has abandoned his re-election bid, the poll found that he still has just a 37% approval rating among the American public. 

But one number that has changed is the number of ‘double negative’ voters who earlier this year indicated to pollsters that they did not like either candidate, according to the Pew Research Center. 

In May, a quarter of American voters said they held both unfavorable views of Trump and Biden, but now with Harris in the race, that number has fallen to 14%. 

The poll was conducted from Aug. 5-11. 

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Cooling July inflation data may have been what the doctor ordered to perk up investor sentiment; the recession fears at the top of investors’ minds early last week are a distant memory, or maybe even erased from their memory. It’s almost as if the August 15 “Panic Monday” never happened. The “soft landing” narrative is back as the stock market sees signs of recovery.

Despite the encouraging news, the stock market didn’t see much movement. This could be because summer vacations may be keeping trading volumes low, which means we could see more sideways movement for a while.

S&P 500’s Price Action at Resistance 

In the chart below, the S&P 500 ($SPX) is at its 50-day simple moving average (SMA), which corresponds with the downtrend from July 16 (red line). It has also crossed above its 21-day exponential moving average (EMA) and the first “line of sand” displayed on the chart (blue dashed line).

CHART 1. S&P 500 IS AT KEY LEVEL. An upside breakthrough could mean the panic selling from last week is on the back burner.Chart source: StockCharts.com. For educational purposes.

Market breadth indicators seem to be improving, as indicated by the S&P 500 Percent of Stocks Above 50-Day Moving Average and the SPX Advance-Decline Line (see lower panels). A break above the 50-day SMA could take the index to its next resistance level, 5500. But remember, we’re in a slow period, so don’t be surprised if the stock market bounces around this level until next month, when everyone is back. 

The S&P 500 is at an important level. If it busts through where it is now and moves higher, there could be many “buy the dip” opportunities. You may need to exercise some patience.

The Federal Reserve is expected to cut interest rates when they meet on September 18. According to the CME FedWatch Tool, the probability of a 25 basis point cut is at 60.5%, when a week or so ago the probability of a 50 basis point cut had the highest odds. The probabilities change, as we’ve seen in the recent past, so it’s a good idea to regularly visit the site especially ahead of the next Fed meeting. At the very least, it gives you an idea of the stock market’s expectations.

Nasdaq 100 Index

The weekly chart of the Nasdaq 100 ($NDX) shows a reversal just above the 50-week SMA. Even though the Nasdaq 100 has crossed above its 21-day EMA, there’s some hesitancy to follow through. Now that investors feel some relief, they may have put their panic selling on the back burner and returned to getting the most out of the rest of the summer. There may be relatively little trading right now, but at least investors aren’t in panic selling mode.

CHART 2. NASDAQ 100 ABOVE 21-WEEK EMA. Can the Nasdaq 100 index maintain its position?Chart source: StockCharts.com. For educational purposes.

The Return of the Mag 7

Does the recent stock market price action mean we’re out of the woods? Well, we never are. But some interesting things are going on beneath the surface that you can’t ignore.

Take the Mag 7 stocks as an example. Most of the stocks are starting to show signs of strength. NVDA, Microsoft Corp. (MSFT), Apple, Inc. (AAPL), and Meta Platforms (META) are off their lows. The CBOE Volatility Index ($VIX) is back below 20 after spiking to 65 after the ISM Manufacturing report. It looks like the stock market is regaining its footing, but investors should tread carefully.

Next week will be relatively light in terms of economic data. The earnings calendar is also thin, but there are some companies investors should focus on. These include Target (TGT) and Lowe’s (LOW), which could shed some light on the retail and housing market. This may not impact the stock market much; what could be more important to watch would be the week of August 26, which is when NVIDIA Corp. (NVDA) and Salesforce (CRM) report their quarterly results.

Closing Position

Create a ChartList of a handful of stocks you’re interested in buying, and apply indicators such as the 21-day EMA, a common one for monitoring shorter-term price action. Set your alerts, and when the time is right, don’t hesitate to jump in. Just make sure to keep your risks low.

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

How bad would a Kamala Harris presidency be? Even great believers in the genius of our Constitution—and it is a work of genius and as amended has given Americans a citizenship that is the envy of the world—have to lose sleep over the prospect of four years of President Harris. 

That would be a very bad run for the country. A very, very bad run. 

How bad depends of course on whether the House remains Republican and the Senate flips to GOP control. But assume the worst case for a Constitutionalist: Somehow the ongoing makeover of the Vice President cons the electorate and, like President Biden and President Obama, Harris has majorities in both houses. 

On Wednesday, Axios relayed from the Harris campaign that ‘A big part of the Harris plan is to unapologetically change some of her more liberal positions, and claim her White House experience helped change her mind. Yes, when she was running for president in 2019, she was against fracking, for decriminalizing illegal border crossings, and for single-payer health care (Medicare for All).’

Given that all of these positions and many more hard left policy views defined her presidential campaign in 2019, they define her still.  (Her campaign collapsed on the same year it launched, before 2020 primary and caucus voting began.) Harris ran as the authentic San Francisco Democrat that she has always been: a hard left Democrat. The Democratic Party electorate in 2019 wouldn’t even let Harris get to the starting line in 2020 in Iowa and we all know why: She’s a terrible candidate with views on public policy that were baked into her cake from a life in the Bay Area. 

What would the United States look like after four years of President Harris and Democrats in control of the Hill? Look at San Francisco and Oakland. There’s your answer. 

On the three issues critical to this election—inflation, immigration, and Israel/Iran— Harris is far to the left of the American mainstream. Former President Trump has an actual record of legislative objectives and achievements. He stood by Israel, rebuilt an hollowed out Pentagon budget and made our enemies in the world fear the wrath of the United States.

Trump cut taxes and enacted criminal justice reform, and he also appointed scores and scores of justices and judges to the federal bench. He was the best president we have had, including President Reagan, when it came to deregulation and the cabining of federal power. We know Trump. We know all of his positives and all of his drawbacks. The overdose of Trump venom that most in the Commentariat took before, during and after his first term have blinded them to the essential fact that Trump is a very moderate Republican on policy. He’s very conservative on defense and on judges, but he’s open to innovation, like the Right to Try Act. ‘I’m actually very moderate,’ he has said to the shock of people who mistake his often blunt brawls with opponents to his actual policies, but he governed from the center-right and will do so again. Only this time Trump will know from the night of his re-election how to staff the behemoth that is the Executive Branch. 

We have no such record on which to rely with Harris. All we know about Vice President Harris is what she promised to do in 2019 if elected in 2020. (We also know she was tapped in March of 2021 to lead the Biden Administration on all border and immigration issues. 40 months later we know how spectacularly she failed doing that job.)

So Harris is getting a rushed policy makeover during her ‘blackout campaign.’ Because of the ‘relief rally’ among Democrats that an infirm Joe Biden stepped finally aside, her polling numbers have improved and the race is a virtual tie as the Democrats gather in Chicago. 

The ‘Harris Honeymoon’ will continue through the entirety of the Democratic Convention, with the legacy media’s soft focus lens used every day and night to try and erase her 2019 campaign and her voting record in the Senate while sprinting away from the Biden record on, well, everything. It’s as though she and her team watched ‘Men in Black’ and ordered up the deployment of a giant neuralyzer. And it’s worked on most of the Manhattan-Beltway media elite, because they want her to win. 

When we elect a president we also elect 3,000 or so appointees to populate the executive branch and scores of federal judges with lifetime tenure. If she wins, the already left-leaning cast of characters that make up Team Biden will collectively shift to the left. Very, very far to the left. A Harris presidency would stun everyone even at MSNBC, she is that far to the left on the American political spectrum. The U.S. will quickly become the land of no borders at all and a ruined healthcare system coupled with the rising energy costs that accompany a ‘true believer’ on climate hysteria because, while her campaign team says she’s changed on her stated desire to ban all fracking, why would we believe that?

Harris will do what San Francisco has done for three decades: Go left, left left and use taxpayer money to do so. But it won’t bring about ‘Swedish style socialism’ or some vague notion about expanded prescription drug benefits. Not even close. To vote for Harris is to vote to follow San Francisco’s lead. 

And when everyone at the Democratic National Convention next week tells you differently, remember her record. Remember how she voted in the Senate and how she campaigned for the presidency. What she has always believed and now purports to repudiate cannot be defended as wise or even marginally acceptable to a significant majority of Americans. 

So the Big Con is on. The only question is how many independents and traditional Democrats will buy what she is selling, which is a whole body political makeover. I don’t think they will. I cannot believe Pennsylvania, Michigan and Wisconsin will because those folks are grounded in reality and they chose to live in states that went though tough transitions and recovered. Those voters are not going to be fooled by this act, and not just because Harris and Governor Walz are terrible actors (though they are.)

‘Trust the people’ Winston Churchill said again and again. I do. Even the Steelers fans. 

Hugh Hewitt is host of ‘The Hugh Hewitt Show,’ heard weekday mornings 6am to 9am ET on the Salem Radio Network, and simulcast on Salem News Channel. Hugh wakes up America on over 400 affiliates nationwide, and on all the streaming platforms where SNC can be seen. He is a frequent guest on the Fox News Channel’s news roundtable hosted by Bret Baier weekdays at 6pm ET. A son of Ohio and a graduate of Harvard College and the University of Michigan Law School, Hewitt has been a Professor of Law at Chapman University’s Fowler School of Law since 1996 where he teaches Constitutional Law. Hewitt launched his eponymous radio show from Los Angeles in 1990.  Hewitt has frequently appeared on every major national news television network, hosted television shows for PBS and MSNBC, written for every major American paper, has authored a dozen books and moderated a score of Republican candidate debates, most recently the November 2023 Republican presidential debate in Miami and four Republican presidential debates in the 2015-16 cycle. Hewitt focuses his radio show and his column on the Constitution, national security, American politics and the Cleveland Browns and Guardians. Hewitt has interviewed tens of thousands of guests from Democrats Hillary Clinton and John Kerry to Republican Presidents George W. Bush and Donald Trump over his 40 years in broadcast, and this column previews the lead story that will drive his radio/ TV show today.

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Vice President Kamala Harris could be ‘playing politics’ by allowing her subordinates to take the lead on her making major policy shifts, rather than pushing them herself, a Republican strategist says.

Unnamed officials for Harris have announced her flip-flopping on key issues that she previously supported during her 2019 presidential run, such as fracking and ‘Medicare for All,’ but Harris herself is yet to be vocal about the position shifts.

While the Harris campaign appears to be pushing a reworked agenda, one political strategist told Fox News Digital that ‘anonymous on background campaign staffers do not take public policy positions, candidates and elected officials do.’

‘The American public should presume that every position taken by Harris during her previous campaign for president and the positions taken by the Biden-Harris administration are exactly hers today, until she herself explains otherwise,’ Dallas Woodhouse, American Majority-North Carolina State Director, told Fox. 

‘The American public will never accept a candidate changing all their stated positions from just a few years ago without thorough examination and explanation,’ he added.

Fracking

Harris said that she would ban fracking if elected during her first presidential bid – a key issue among a critical voting bloc in battleground states such as Pennsylvania.

‘There’s no question I’m in favor of banning fracking, I have a history of working on this issue,’ Harris said in 2020.

Republicans, including former President Trump, have used her past comments on the issue to blast her in several campaign ads since she launched her 2024 campaign.

Campaign officials for the Democratic nominee are now saying that Harris will not ban fracking if she’s elected president.

‘Medicare for All’

Harris published her plan for ‘Medicare for All’ during her 2019 presidential campaign, writing that her goal was to ‘end these senseless attacks on Obamacare’ and that she believes ‘health care should be a right, not a privilege only for those who can afford it. It’s why we need Medicare for All.’

‘The idea is that everyone gets access to medical care. And you don’t have to go through the process of going through an insurance company, having them give you approval, going through the paperwork all of the delay that may require. Let’s eliminate that,’ Harris wrote in 2019.

Additionally, then-Senator Harris cosponsored Sen. Bernie Sanders, I-Vt., Medicare for All Act of 2019.

Despite her past support, a campaign official told Fox News senior White House correspondent Peter Doocy that Harris will not push the subject of ‘Medicare-for-all’ this cycle.

Colin Reed, Republican strategist, former campaign manager, and co-founder of South and Hill Strategies, told Fox News Digital that Harris’ shift appears difficult to believe.

‘When Vice President Harris ran for the White House five years ago, she was a sitting U.S. Senator and the former attorney general of the largest state in the nation. In other words, an extremely accomplished individual with plenty of time on the national stage to form opinions on the big issues,’ Reed told Fox. ‘The idea that she could over the span of five changes, just change her tune on a dime on a slew of major big ticket items strains credulity,’

Reed highlighted her shift on ‘Medicare For All,’ which he says ‘would cost $44 trillion dollars – more than our entire $35 trillion dollar national debt.’

‘Either she was wrong then or is playing politics now, and voters will figure it out whenever she decides to answer questions in an unscripted setting,’ Reed said.

The suggested position shift comes amid Republicans using her past stances on issues, such as fracking, against her 2024 presidential campaign.

Fox News Digital asked the Harris campaign if she will be personall announcing her new stance on the key issues.

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A new report by an American energy advocacy group is sounding the alarm on a legal training program that it says is ‘corruptly influencing the courts and destroying the rule of law to promote climate cult alarmism.’ 

The new report released by the American Energy Institute (AEI) alleges that the Environmental Law Institute’s Climate Judiciary Project (CJP) is ‘falsely portraying itself as a neutral entity teaching judges about questionable climate science.’ 

The report also alleges that CJP is a partner to more than two dozen public plaintiffs suing energy providers to hold them liable for damages resulting from climate change effects. To date, CJP has trained more than 2,000 state and federal judges, the report says. 

Jason Isaac, CEO of the American Energy Institute, says the training program is ‘really like interfering with the referees before a match and before a game.’

‘You’re getting access to them and sharing your opinions and steering them down a certain path,’ Isaac said in an interview with Fox News Digital. 

Nick Collins, a spokesperson for the Environmental Law Institute (ELI) said the report ‘is full of misinformation.’

‘The Climate Judiciary Project is a non-partisan, educational initiative that provides judges with a mainstream, evidence-based scientific curriculum. CJP does not take stances on individual cases, advocate for specific outcomes, participate in litigation, support for or coordinate with parties in litigation, or advise judges on how they should rule. ELI’s funders include individuals, foundations, and organizations, ranging from energy companies to government agencies to private philanthropies, and none of them dictate our work,’ Collins said. 

In recent years, several lawsuits have percolated through the courts targeting Big Oil companies, leveraging mechanisms like public nuisance laws to incur liability for climate change damage. 

One such case is pending before the U.S. Supreme Court. In 2020, the city of Honolulu sued several major fossil fuel companies, including Exxon and Chevron, alleging the companies’ products cause greenhouse gas emissions and global warming without warning consumers about the risks.

The energy companies appealed to the Hawaii Supreme Court, arguing that federal law prevents individual states from effectively shaping energy policies for all states. 

But the court ruled against the companies, advancing the case to trial. The companies appealed again, this time to the Supreme Court, which signaled interest in June in taking up the case.

Hawaii Supreme Court Justice Mark E. Recktenwald quietly disclosed in May that he presented for a course in the Climate Judiciary Project. According to the ELI, the Climate Judiciary Project is designed to educate judges across the country on how to handle climate change litigation that comes before them.

‘As the body of climate litigation grows, judges must consider complex scientific and legal questions, many of which are developing rapidly,’ CJP states on its website. ‘To address these issues, the Climate Judiciary Project of the Environmental Law Institute is collaborating with leading national judicial education institutions to meet judges’ need for basic familiarity with climate science methods and concepts.’

But the AEI says the program ‘is a partner in this anti-democratic social engineering’ through its influence of judges involved in the types of cases, like the Hawaii case, and through its funding by ‘the same leftwing (sic) moneymen bankrolling the climate change cases.’ 

The ‘educational materials’ are, the report states, ‘prepared by activist academics who are advising the plaintiffs or supporting their claims with legal briefs. And the materials are full of pro-plaintiff messaging, including rigged made-for-litigation ‘studies.’’

The report also alleges that ‘CJP conceals its ties to the plaintiffs, such that judges seeking information in good faith may not know that CJP is an untrustworthy source’ and calls on ‘relevant state authorities [to] ensure that public resources are not being used toward a campaign that is corrosive to the rule of law and trust in the courts.’

According to AEI’s report, CJP has received ‘millions in funding from the same activist groups who are providing grants to the Collective Action Fund through which money is flowing to Sher Edling LLP,’ the law firm spearheading the Hawaii case, to help cover the legal fees required to bring the climate cases. Sher Edling is counsel for two dozen climate plaintiffs, according to its website.

The U.S. Judicial Conference, which governs U.S. court systems, has warned judges of seminars where they may be ‘influenced inappropriately.’

‘That influence, it is argued, may be exerted through program content, contact between judges and those who litigate before them, and prerequisites provided to program attendees,’ the U.S. Judicial Conference states. 

AEI’s report alleges that CJP ‘hides its partnership with the plaintiffs because they know these ties create judicial ethics problems.’

AEI says that the ELI vice president and director of judicial education, Sandra Nichols Thiam, acknowledged as much in a 2023 press statement, saying, ‘If we even appeared biased or if there was a whiff of bias, we wouldn’t be able to do what we’re doing.’

‘Taken together, it appears CJP made the thinnest possible disclosures to create the appearance of rectitude,’ AEI states. ‘But their admissions confirm that CJP exists to facilitate informal, ex parte contacts between judges and climate activists under the guise of judicial education. And secrecy remains essential to their operation, whose goal, as Thiam has said, is to develop ‘a body of law that supports climate action.” 

AEI, a group self-described as ‘dedicated to promoting policies that ensure America’s energy security and economic prosperity,’ says CJP’s work is ‘an attack on the rule of law.’

‘In America, the powerful aren’t allowed to coax and manipulate judges before their cases are heard,’ the report reads.

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During an ongoing lawsuit aimed at forcing the Justice Department (DOJ) to produce records from Special Counsel Robert Hur’s probe into Joe Biden’s handling of classified documents before being elected president, the DOJ revealed the discovery of 117 pages of transcribed discussions between the president and his ghostwriter.

The find was highlighted Wednesday by the Oversight Project, a conservative government transparency watchdog that sued the DOJ.

The ghostwriter, Mark Zwonitzer, was previously subject to a March subpoena from the House Judiciary Committee, which sought any and all documents, contracts and recordings of interviews and conversations with Biden.

However, Oversight Project counsel Kyle Brosnan said on Wednesday this particular revelation is both new and further animates the need for transparency in regard to questions about Biden’s competency.

Brosnan said that just prior to the Oversight Project’s last hearing on the matter, the Justice Department informed the court of the transcripts.

‘There do exist written transcripts of President Biden’s interviews with his ghostwriter where they discuss classified material, and that Special Counsel Hur relied upon those written transcripts in coming to his conclusions [that Biden was a ‘well-meaning elderly man with a poor memory’].’

The memoir Zwonitzer assisted with, ‘Promise Me, Dad,’ was released in 2017.

‘The discovery of those materials has been the subject of a lot of back-and-forth between us and the Justice Department about how we want to proceed,’ Brosnan added.

‘We’re trying to figure out how that discovery impacts the case and kind of what the next steps are there.’

According to a court filing obtained by Fox News Digital, Justice Department officials flagged the apparent discovery to the bench and plaintiff Mike Howell, Brosnan’s colleague and the executive director of the Oversight Project.

The officials wrote that in their prior June court appearance they attested that Hur’s office did not have a verbatim transcript of any Zwonitzer-Biden recordings.

The DOJ then noted Howell’s team ‘questioned this representation’ and pointed out a footnote in a document that supposedly suggested it was sourced from a transcript.

When the department could not reach anyone with knowledge of special counsel office files, they reached out directly to Hur, who confirmed the files were indeed transcripts of a subset of Zwonitzer-Biden recordings.

Brosnan confirmed negotiations with the DOJ are now ongoing as to how to handle the new tranche.

‘There’s over 70 hours of tapes between Biden and Zwonitzer. So, that’s obviously a lot of material that’s going to take the Justice Department a long time to process,’ he said. 

As for his team’s larger legal beef with the DOJ – the exertion of executive privilege over the Hur tapes – Brosnan said one of the administration’s major claims appeares to be undermined by the former official they cited.

After Congress was given a transcript of the Hur-Biden interview, former Attorney General Michael Mukasey’s 2008 memo shielding White House interoffice communications was cited by the Biden administration as part of its executive privilege argument.

However, Mukasey himself said in a June court filing that while he supports the tool of executive privilege, the Biden administration’s assertion is ‘flawed.’

‘I believe the assertion of executive privilege made here goes well beyond the limits of any prior assertion and is not supported by the 2008 executive privilege letter.’

‘The reasons given for invoking this privilege are entirely unconvincing,’ Mukasey, who served under former President George W. Bush, wrote of Biden.

The Justice Department declined comment for the purposes of this story.

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Newly elected Iranian President Masoud Pezeshkian stressed his country’s right to retaliation against Israel in a rare phone call with the United Kingdom. 

British Prime Minister Sir Keir Starmer made clear to Pezeshkian during the 30-minute call that ‘war is not in anyone’s interest’ and urged Tehran to ‘refrain from attacking Israel.’ The call followed a joint statement from the heads of the United States, the United Kingdom and three other European countries. 

The Iranian president, however, insisted that a strong response to an attack ‘is a right of nations and a solution for stopping crimes and aggression,’ Sky News reported. 

‘The support of some Western countries for the Zionist regime is irresponsible and contrary to international standards since it endangers regional security by encouraging the Zionist regime to continue its crimes,’ Pezeshkian reportedly told Starmer.

Tensions remain high after Israel’s alleged assassination of Hamas commander Ismail Haniyeh, who was in Tehran at the time of his death. Iran denounced Haniyeh’s murder and blamed Israel, even though Haniyeh died in what was later deemed a localized explosion that killed no Iranian citizens.

International pressure from European and Arab nations alike did not seem to dent Iran’s desire to avenge the commander of one of its most prominent proxy groups. 

Regional sources this week told Fox News foreign correspondent Trey Yingst on Monday that they are concerned Iran and its proxies could attack Israel within the next 24 hours in retaliation for the killing of Hamas political leader Ismail Haniyeh in Tehran late last month. No attack materialized in that time, but it did not dampen concerns.

Hamas representatives on Sunday declared they would not participate in new negotiations for a cease-fire in Gaza unless mediators presented a plan based on previous talks. The representatives insisted that the group had shown ‘flexibility’ throughout the negotiation process but that Israel – through actions such as the alleged assassination of Haniyeh – indicated it was not serious about a cease-fire agreement.

Iranian Supreme Leader Ayatollah Ali Khamenei ordered his forces to ‘harshly punish’ Israel for the killing of Haniyeh, and Islamic Revolutionary Guard Corps deputy commander Ali Fadavi told Iranian media last week that the orders would be ‘implemented in the best possible way,’ according to Al Jazeera. 

Israel this week conveyed to the United States and several European allies that any attack from Iran – even if it does not kill any Israelis – will lead to another retaliatory strike on Iranian territory, the Times of Israel reported.

The statement aimed to preempt another round of international pressure that would try to stop Israel from responding forcefully.

Tensions continue to slowly ratchet up across the week, with Iranian banks on Wednesday suffering a major cyberattack that all but crippled the institutions, according to Israeli outlet i24 News. Hackers stole information belonging to account holders and hit several other banks.

Iran has not yet blamed Israel, and no other nation or party has claimed credit, but Iran blamed the U.S. and Israel for the last major cyberattack to hit the country.

Fox News Digital’s Greg Norman and Bradford Betz and the Associated Press contributed to this report.

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As investors face economic uncertainty, financial advisors have guidelines for how much cash they should have set aside.

Despite second-quarter economic growth, nearly 60% of Americans wrongly think the U.S. is currently in a recession, according to a June survey of 2,000 adults from Affirm.

While Goldman Sachs and JP Morgan raised recession forecasts in August, other experts still expect an economic “soft landing,” meaning the Federal Reserve’s policy won’t cause a downturn.

Meanwhile, inflation continues to ease, but a weaker-than-expected jobs report for July triggered stock market volatility last week.

Amid the uncertainty, nearly 60% of Americans aren’t comfortable with their level of emergency savings, up from 48% in 2021, according to an annual Bankrate survey that polled more than 1,000 U.S. adults in May.

As of the polling, some 27% of those surveyed had no emergency savings — the highest percentage since 2020, Bankrate found.

Regardless of the economic climate, investors need emergency savings to cover expenses in the event of a job loss or other unexpected bills. Here’s how much cash to set aside, according to financial advisors.

Double-income families should aim to save at least three months of living expenses, according to certified financial planner Greg Giardino, vice president of Wealth Enhancement Group in Oakland, New Jersey. 

However, you could adjust that guideline “depending on the reliability of those income sources,” he said. For example, commissioned workers with unpredictable cash flow may need more than tenured professors.

Building that level of cash reserves isn’t easy. Only 44% of Americans have three months of expenses saved for emergencies, according to Bankrate’s survey.

Generally, single individuals or families with a single income should save at least six months of expenses, experts say.

But higher levels of cash reserves could offer more flexibility when faced with a job loss or economic downturn.

Douglas Boneparth, a CFP and president of Bone Fide Wealth in New York, prefers six to nine months of savings for single earners.

“I’ve never come across someone who was upset that they had a little bit more cash than they needed,” said Boneparth, who is also a member of CNBC’s Financial Advisor Council.

Boston-based CFP and enrolled agent Catherine Valega, founder of Green Bee Advisory, said she is “more conservative than most other advisors” and recommends 12 to 18 months of living expenses in “safe, liquid investments” for single earners.

Although the Federal Reserve could start cutting interest rates in September, investors still have “high-yield savings opportunities,” she added.

Entrepreneurs: Keep up to one year of expenses

With unsteady income, entrepreneurs or small business owners could also benefit from higher levels of savings — eight to 12 months of expenses, according to Giardino of Wealth Enhancement Group.

Of course, the exact amount for emergency savings depends on your unique circumstances and your family’s needs.

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Not long ago, the thought of the “prohibited portal” opening up between WWE and another wrestling company would’ve sounded obscure. WWE had long seen itself as the superior brand, and not only did it feel like there was animosity between it and any other company, mingling with another promotion would’ve been a waste of time. To WWE at least.

Crazy how much things can change.

That “prohibited portal” has not only been opened, but the door was kicked down thanks to a new partnership with WWE and Total Nonstop Action Wrestling.

“We’re open for business,” WWE chief content officer Paul ‘Triple H’ Levesque said after SummerSlam 2024.

Since TNA Knockouts World Champion Jordynne Grace appeared in the 2024 Royal Rumble, WWE and TNA have spent the past few months exchanging talent, allowing its stars to appear on each other’s shows. At first, it was like seeing your elementary school teacher outside of class – strange. 

But flash forward to now, fans have gotten accustomed to these crossovers and been elated with every single appearance. They’ve gotten to see plenty of up-and-coming stars ready to be headliners in the next generation of wrestling.

And most of all, everyone has gotten to see the phenomenon that is Joe Hendry. 

If he wasn’t already the most viral wrestler this year, his stardom reached new levels when he showed up in NXT on June 18. His short time in WWE has been triumphant, but he’s just one of several stars that’s been included in the partnership, and so far, those involved are loving this new territory.

“This partnership between TNA wrestling and WWE has been the perfect example of business done right,” Hendry told USA TODAY Sports. “Business done right is where every single party wins.”

TNA stars have their moment in WWE

As fans made it known they believed in Hendry in WWE, the Scottish star didn’t know if that lifelong dream of appearing in the company was going to happen. But he said he could sense something in the air. Knowing it was his time to shine, Hendry said he made it clear to company executives to let him make the jump, and not long after, he was making the WWE Performance Center erupt the moment his illustrious music hit.

Hendry always smiles when he turns to face the camera and makes his walk down the ramp, but it was genuine happiness coming from him.

“It was an extremely validating moment. You can see it in my face when I walk out,” he said. “I do the face, and I’m almost shocked for a moment how big the reaction is.”

Other people to make the jump include Trey Miguel and Zachary Wentz. They appeared and joined WWE’s Wes Lee, marking the return of The Rascalz, the group the three stars were in as they climbed up the wrestling ranks and eventually landed in TNA. Lee and Wentz also previously were a tag team in WWE as MSK.

When Miguel and Wentz were told about this idea, they were both giddy and were all on-board about reuniting the group. When they joined Lee on July 9, the crowd also got hyped seeing the trio together once again, and the TNA talent felt the love.

“Just to be able to have that moment again was so fulfilling,” Wentz said.

Storywise, things aren’t looking good for The Rascalz after Lee attacked both Miguel and Wentz on the Aug. 6 episode of NXT. But as shocking as it was, it laid the foundation for the three individuals to have a storyline that can develop not only in WWE, but TNA. 

The same could be said for Hendry; after defeating Joe Coffey in his debut singles match, he declared he would be sticking around in NXT. On the following episode of TNA “iMPACT!” he then took on Coffey’s Gallus stablemate in Wolfgang, and now he is chasing the NXT Championship.

What makes the WWE-TNA partnership a success

As strange as it may seem for WWE to do a partnership, it’s nothing new for TNA. It’s worked with promotions all across the globe. Most recently, TNA worked with All Elite Wrestling from 2020-21. 

Even though this is regular business for TNA, something about this deal with WWE feels different, and the talent notice it. Miguel didn’t say which company it was, but a recent partnership didn’t seem to benefit his workplace much.

“The last time we did one of these crossovers or like working with another brand, it was very, very, very one-sided, in my opinion. I don’t think TNA saw benefits from it,” he said.

When the rumblings of partnership between WWE and TNA began, Miguel was reluctant to think it would be different. Turns out, it’s been “quite the opposite.” 

When Levesque was asked why this crossover started, he said he wanted to find something that would not only be good for WWE, but would also benefit whatever promotion it was working with. The trade-off would be the other company could be on WWE’s elevated platform that is viewed worldwide, while its talent could get reps against other stars and learn different, unique styles of wrestling that’ll improve their game.

So far, things are going according to plan. Miguel added the partnership works because both companies have a solid understanding it’s a give-and-take situation where sometimes one product will look stronger than the other. Even though there will be times one company appears to lose, it’s really a win-win the entire time.

“TNA wins because we’re selling out regularly now, our crowds are getting so big. We’re gaining so much from the increased exposure,” Hendry said. “WWE, a lot of their NXT talents are getting the opportunity to perform for a different audience. Wrestlers win and the fans win because it’s an exciting product.”

Appearing on WWE programming isn’t the only benefit Hendry is reaping; he’s also been able to train at the WWE Performance Center, gaining knowledge and experience from another set of trainers. He said WWE has given him “extremely valuable insight and information” during his training, and he’s grateful for TNA allowing him to do so while managing his priorities with his place of work. It sure has made him a busy man, but it has shown him “the positive intentions of all parties.”

But none of this would be possible, Hendry said, if Grace didn’t excel when she made the surprise appearance at the Royal Rumble. In his view, she didn’t just open the door, she busted right through it, allowing anyone to cross through.

There are limitless possibilities of where each company could take their next steps together. Seeds have been planted for some long-term storytelling that could go to the end of the year, or maybe into 2025. 

None of it will matter if one, or both, companies decide to end it, but it doesn’t appear to be headed that way anytime soon.

“I believe that as long as everyone’s willing to keep the business that they’re doing now and keep building off of that, I can see this sticking around, like having some real longevity,” Miguel said.

It certainly has taken the TNA locker room by notice. Ever since it began, Wentz said the intensity from his fellow stars has been turned up a notch, realizing there is a big opportunity awaiting if they step their game up. Just look at what Hendry has become. 

Wentz even suggested this could lead to a premium live event between the two brands, which would elevate the partnership to new heights. There is no word of it happening, but it doesn’t sound farfetched. Whether it happens or not, it’s a good time to be part of this exciting time for both companies.

“It seems like both sides are so happy with everything that’s going on, and that’s kind of rare to see in wrestling,” Wentz said. 

“The vibes now are just immaculate.”

This post appeared first on USA TODAY

EL SEGUNDO, Calif. – Colin Kaepernick has a door open to return to the NFL in what would be a grand reunion with his former coach, Jim Harbaugh.

But here’s the twist: While Kaepernick, 36, recently told Sky Sports that he still wants to play in the NFL, the new Los Angeles Chargers coach contends that he wants his former quarterback back in the NFL as a member of his coaching staff – and not so much as a player.

“If that was ever the path he was to take, I think that would be tremendous,” Harbaugh told USA TODAY Sports. “He’d be a tremendous coach, if that’s the path he chose.”

During an interview following a training camp practice last week, Harbaugh said shortly after he returned to the NFL in January, he talked to Kaepernick about joining the Chargers in a non-playing capacity. Yet in the months since, there’s been no movement on the possibility.

“Yeah, we talked a little bit about it,” Harbaugh said. “He’s considering it. He was out of the country. He said he was going to get back to me. We haven’t reconnected since then. That was early, early in the year.”

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Perhaps Kaepernick’s reason for not following up with Harbaugh was made crystal clear with his comments to the London-based television network. He wants to resume his playing career, despite a gap of seven years since he last played in the NFL – apparently blackballed by the league after igniting protests during the national anthem in 2016 by kneeling on the sideline.

Kaepernick, who protested police brutality and the killing of unarmed Black men, sued the NFL for collusion and reached an undisclosed settlement. Yet he has never wavered from the position that he wanted to resume his playing career.

“We’re still training, still pushing,” Kaepernick told Sky Sports. “So, hopefully. We’ve just got to get one of these team owners to open up.”

Harbaugh has been one of Kaepernick’s biggest supporters over the years, even to the point of once arranging for an open workout during a spring game at the University of Michigan while Kaepernick was seemingly exiled from the NFL.

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After all, theirs was a bond built on a foundation of success. Shortly after Harbaugh began his stint as San Francisco 49ers coach in 2011, Kaepernick started his six-year NFL career with the team as a second-round pick from Nevada. During the 2012 season, they combined on a march to Super Bowl 47, where the 49ers narrowly lost to the Baltimore Ravens in the historic matchup that pitted Jim against his brother John in the first Super Bowl coaching clash involving brothers. The following season, the 49ers advanced to the NFC title game.

“He’s one of my favorite players that I’ve ever coached,” Harbaugh said. “Love Colin.”

While Harbaugh has no reservations about bringing Kaepernick aboard as an assistant coach (or perhaps a consultant) on a Chargers staff that already includes three former 49ers players who played under Harbaugh in San Francisco (NaVorro Bowman, Jonathan Goodwin and Will Tukuafu), he hasn’t spoken of the prospect of allowing his former quarterback a chance to revive his playing career. Harbaugh, through a team spokesman, declined to comment when asked by USA TODAY Sports this week about Kaepernick’s desire to suit up again.

Of course, that’s the offer that Kaepernick wants to hear.

“I mean, it’s something I’ve trained my whole life for,” Kaepernick told Sky Sports when asked what it would mean to play again. “So, to be able to step back on the field would be a major moment, a major accomplishment for me. I think it’s something that I could bring a lot to a team and help them win a championship.”

If Kaepernick demonstrated that his skills remain intact, the Chargers could surely use him – as an option behind franchise quarterback Justin Herbert.

At the moment, Herbert is rehabbing from a plantar fascia injury to his right foot and is projected to be ready for the Sept. 8 opener against the Raiders. Given that the three other quarterbacks in camp vying for backup roles – Easton Stick, Max Duggan and Luis Perez – are unproven or unimpressive, the timing to consider Kaepernick seemingly lines up.

That is, if Harbaugh wanted to really think outside the box and assess whether his former quarterback still has the skill to contribute in a league that has no shortage of mediocre backup quarterbacks.

No, Harbaugh’s noble idea to lure Kaepernick back to the NFL as a coach might not be enough.

Harbaugh indicated that Kaepernick’s inglorious exit from the NFL – for which the league should be ashamed of – wouldn’t be an issue for him if the quarterback opted to return in a coaching capacity. The Chargers coach is keenly aware of Kaepernick’s stature as a civil rights activist and the respect earned with a large swath of society.

“I see him as a hero,” Harbaugh said. “Heroes get no days off. And he’s being a hero right now and he’s not getting any days off. It’s not for me to choose what path he takes. That’s his decision.”

Then again, if Kaepernick is determined to try to play again before deciding whether he wants to take his former coach up on his offer to coach, Harbaugh, too, seemingly faces a heavy decision.

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