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Eamon Javers
@EamonJavers
Eamon is the Senior Washington Correspondent for CNBC. Economy+Politics = News. Leak here: cnbc.com/news-tips/
On Insta: eamon_javers
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Eamon Javers’s Tweets
Goldman Sachs sees recession risk receding: "We have cut our subjective probability that the US economy will enter a recession in the next 12 months from 35% to 25%."
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Thanks, Sunset!
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Great journalism, @EamonJavers Expertly produced and meaningful in surfacing an issue that one might think had gone away with digital. @carlquintanilla
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My latest investigation: check fraud - one of the oldest scams in finance- is skyrocketing now in part because crooks are coordinating with each other on platforms like Telegram. With , and .
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American banks have been struggling with check fraud. One of the oldest crimes in finance is being supercharged by popular messaging platforms like Telegram. @EamonJavers joins with a new @CNBC investigation:
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This is just like Top Gun, only slower.
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The United States on Saturday downed a suspected Chinese spy balloon off the Carolina coast after it traversed sensitive military sites across North America and became the latest flashpoint in tensions between Washington and Beijing. bit.ly/3wXdT86
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Weekend.
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Good reminder here to know your target *before* you fire:
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Since "Chinese Spy Balloon" is trending: In 1945, the crew of USS New York spotted a sphere that they thought might be a Japanese balloon weapon. The captain ordered it shot down but none of the guns could score a hit. Finally, a navigator realized they were attacking Venus.
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Do we not have anti spy balloon balloons? This seems like an oversight.
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WASHINGTON (AP) — Pentagon says Chinese spy balloon spotted flying over US; has decided not to shoot it down due to risks.
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In Miami, chasing a story.
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In one of the weirdest traditions: Punxsutawney Phil sees his shadow, predicting 6 more weeks of winter
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Happy end of Dry January to all who celebrate!
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I took one art history class in school, so I am qualified to evaluate this study.
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This is wild (in art terms): "Using a math model, researchers found 61% of the contrast changes in their paintings largely tracked w/increasing SO2 values."
So I guess this means they were really good painters, huh?
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NEW: Painters Claude Monet and J.M.W. Turner are known for their impressionistic landscape art. A study found their dreamy, hazy strokes may have been inspired by the increasing air pollution around them during the Industrial Revolution. By @KashaPatel:
bit.ly/3XRmk0z
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Re-upping this exclusive reporting from my colleagues. Does it explain why the Biden team is allowing this drip drip drip of revelations, instead of getting it all out?
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Former Google CEO Eric Schmidt is joining a new federal biotech commission to help shape U.S. policy overseeing the industry. Here’s what that means for his own personal biotech investments. reports. cnb.cx/3WU4fh3
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Of course, there’s a solution to all this: privatize big-money college sports. Let the players get paid what the market will bear. Stop pretending it isn’t about money. If someone wants to pay a kid $5 million to transfer, why shouldn’t he take it?
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Shocking, I know, but the NIL system is causing chaos, corruption & abuses.
outkick.com/nil-ncaa-chang
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In October, CNBC reported that Schmidt and entities connected to him made more than 50 investments in artificial intelligence companies while he was chair of a federal commission on AI from 2018 to 2021. There was no indication Schmidt broke any rules or did anything unlawful.
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Stil, Washington ethics expert Walter Shaub doesn't like the way this commission was set up: “This is a potential horror show,” he told me.
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The person says Schmidt has not decided yet which charity will benefit.
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A person close to Schmidt tells me Schmidt will donate 100 percent of the “net profits” from his investment in First Spark Ventures - which includes biotech investments - to charity, in the wake of his being named to the new federal biotech commission.
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NEW, from me: Former Google CEO Eric Schmidt is joining another Washington commission, this one on biotechnology. But this time, a person close to him says he will donate the profits from his investments in the biotech space to charity:
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That’s an incredible stat. COVID has been very, very good for Pfizer.
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Pfizer just posted $100B in 2022 revenue. >$50B of that is their covid products alone -- which are, and this is wild, bigger than ENTIRE PFIZER sales from 2019
s28.q4cdn.com/781576035/file
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Laid-Back Company Allows Employees To Work From Home After 6 P.M. bit.ly/3WOBDFS
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Bill Gates Grilled Over His Relationship with Jeffrey Epstein: 'I Will Say for the Over 100th Time'
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How is stolen bitcoin tracked? takes a deep dive into one of the biggest crypto heists in history and how the perpetrators were caught. Watch “Crocodile of Wall Street” now: cnb.cx/3TfInM4
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Weekend.
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Philadelphia Museum of Art.
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Wow. It’s hard to think of anyone who had as large an impact on so many generations. Just a staggering legacy.
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Lloyd Morrisett, a psychologist whose young daughter’s viewing habits inspired the creation of the revolutionary children’s educational television program “Sesame Street,” and whose fund-raising helped get it off the ground, has died at 93. nyti.ms/3XDSpZA
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Asked whether there is a problem with the handling of classified information in the executive branch, FBI Director Chris Wray says: "People need to be conscious of the rules regarding classified information." He adds: "Those rules are there for a reason."
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If you go to Hive’s site on the Dark Web now, as we did this morning, this is what you see: it’s been owned by US and international law enforcement:
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DOJ says Hive ransomware group targeted more than 1,500 victims in over 80 countries around the world, including hospitals, school districts, financial firms, and critical infrastructure.
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Department of Justice now announcing that it has been inside the networks of of Hive, one of the most pernicious ransomware groups, which it just took down. Law enforcement stole encryption keys from hackers and gave them to victims, saving victims $130M in ransomware payments.
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This is a tragic story. PEACHES STERGO allegedly took the life savings of an 87-year-old victim. She bought a home, a condo, a boat, numerous cars, took expensive trips, stayed at the Ritz, + spent tens of thousands on meals, gold coins, jewelry, Rolexes, and designer clothing.
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Florida woman arrested for defrauding Holocaust survivor of $2.8 million in connection with romance scam
justice.gov/usao-sdny/pr/f
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This is coming up in just a few. Join us! It's going to be fantabulous.
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