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Companies from United to Nestlé have talked about a sales slowdown due to the presidential election. AdvertisementOther companies have invoked the election but not provided details about the dynamics leading consumers to pull back. AdvertisementPeople under 34 were also more likely than older consumers to put off a major financial commitment until after the election, 84.51 found. AdvertisementMany companies are also forecasting that demand will return after either Trump or Harris wins the election. Polls show that the race between Trump and Harris is close to a toss-up just over a week ahead of Election Day.
Persons: Nestlé, , Kamala Harris, Donald Trump, Trump, Brian Olsavsky, Olsavsky, Anna Manz, Alex Trott, Trott, Gen, Ron Hill, Harris, George W, Bush, Hill Organizations: United, Service, Constellation Brands, Delta, Nestlé, Business, Research, Boomers, BI, Deutsche Bank, Harris, Modelo, Constellation, Kogod School of Business, Trump, White Locations: Modelo, Butler , Pennsylvania
Fall has become its own shopping season
  + stars: | 2024-10-19 | by ( Alex Bitter | ) www.businessinsider.com   time to read: +4 min
Fall has become its own sales season for major retailers. AdvertisementFall has arrived in the US — and it's not just a season, but a shopping event. Products include Glazed Pumpkin Spice donut holes and sandwich cookies shaped like jack-o-lanterns, both sold under Target's Favorite Day brand. "We know consumers are eager for their apple and pumpkin spice favorites," Gomez said. However, sales of pumpkin spice products alone totaled about $802 million in the 12 months to July 2023, according to NielsenIQ.
Persons: , it's, Ronald Hill, Hill, Rick Gomez, Gomez, Joe's, It's, Bill Boltz, Skelly, University's Hill Organizations: Service, National Retail Federation, Retailers, Kogod School of Business, Business, Products, Aldi Locations: Aldi
Among Black voters over 50, 89% said they back Harris, but for those under 50, that figure drops to 75%. Jim Pillen and about two dozen Republican legislators on behalf of the Trump campaign as part of an effort to change how Nebraska allocates its Electoral College votes. Jim Pillen and about two dozen Republican legislators on behalf of the Trump campaign as part of an effort to change how Nebraska allocates its Electoral College votes. Read more → 💻 Hacking fallout: Iranian hackers sent material they stole from Trump’s campaign to people associated with Biden’s campaign, according to the FBI. Read more →Iranian hackers sent material they stole from Trump’s campaign to people associated with Biden’s campaign, according to the FBI.
Persons: Jonathan Allen, Donald Trump, Kamala Harris, Mark Robinson, he’s, Trump, ransoming, Caroline Bruckner, ” Bruckner, Harris, She’s, , , Charlie Dent, Read, Adam Edelman, Alexandra Marquez Mark Robinson, Robinson, Josh Stein, Kamala Harris ’, Stephanie Perry, Curtis Bunn, undecideds, Joe, Lin, Jim, teri, Ira Organizations: NBC, White House, Capitol, CNN, Trump, Social, Republican, NAZI, Democratic, Black, Howard University Initiative, Public, Biden Locations: Carolina, Washington, N.C, North Carolina, Black, Arizona , Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, bou
WASHINGTON — As president, Donald Trump slashed a lucrative tax break enjoyed by coastal donors and suburban swing-state voters. What shifted more than the economy is Trump's needs, said Caroline Bruckner, managing director of American University's Kogod Tax Policy Center. The reversal is one of a flurry of freebies that Trump and his rival, Vice President Kamala Harris, are offering voters in the stretch run before Election Day. Trump’s proposal to repeal the SALT cap, which is set to expire next year if Congress takes no action, would reduce federal revenue by $1.2 trillion over a decade, according to CRFB’s estimate. But many voters in those counties would stand to benefit considerably from a repeal of the SALT cap.
Persons: Donald Trump, he's, Trump, ransoming, Caroline Bruckner, Bruckner, Kamala Harris, Peter Zay, Harris, She’s, , , Charlie Dent, ” Dent, ” Donald Trump, Jeff Kowalsky, Marc Goldwein, ” Goldwein, ” Harris, , Donald Trump won’t, James Singer, Joe Biden’s, I’ve, it’s, Mark Cuban, Jackson, Biden —, Dent Organizations: WASHINGTON, Trump, Getty, Social, Foundation, Social Security, Democratic, CNBC, Tax Foundation, NBC News, Tax Locations: Washington, Anadolu, AFP, South Carolina, Mississippi, Harris, Manhattan, San Francisco, Silicon, Valley , Idaho, Aspen , Colorado, , Wyoming, Westchester County , New York, Fairfield County , Connecticut, Maricopa County, Arizona's, Philadelphia, Wilmington , Delaware, Montgomery, Chester, Delaware, Allegheny County
Hanna, based in Washington State, told Business Insider that when she got the "god-inspired" urge to start sprinting, she turned to her husband for help. By 2011, Hanna was fast enough to compete in the Washington State Senior Games, a sports competition for people over 50. The next year, she competed at the National Senior Games, which she has done three more times since. Hanna and her coach, Marcus Chambers, after she won gold at the 2024 Senior Games. Hanna won gold in the four by 100 metres with her relay team at this year's National Senior Games.
Persons: , Madonna Hanna, Hanna, hasn't, Marcus Chambers, it's, you've, Nathan K, Robert, Arlene Kogod, Bryan Goldberg, Mike Molloy Organizations: Service, Business, Washington State Senior Games, National Senior Games, Washington State, British, of Sports Medicine, Aging, Mayo Clinic, Senior Games Locations: Washington State
Read previewOn weekends, a gig delivery worker in Utah takes out his phone and opens one of three apps to make some extra money as an independent contractor. However, the people doing the work say that things like performance metrics often eat into that flexibility. "It doesn't feel much like I'm on contract," the Utah gig worker told Business Insider. But metrics such as this are just one aspect of delivery gig work that workers say feels like a traditional job. Related storiesFor example, one Chicago delivery worker told BI that he avoids Grubhub due to the app's scheduling feature.
Persons: , Uber, Grubhub doesn't, Instacart, DoorDash, they're, Grubhub, David Jacobs, Jacobs, there's Organizations: Service, Business, Costco, Walmart, US Department of Labor, Trump, Kogod School of Business, Wall Locations: Utah, Chicago, Seattle
Business schools are now integrating AI into their curriculums to keep graduates competitive. AdvertisementBusiness schools are going all in on AI to keep their graduates competitive in the job market. And at some schools, professors are even building their own specialized AI chatbots to teach students soft skills. In the fall, American University's Kogod School of Business plans to "infuse AI into every part of our curriculum," its dean, David Marchick, said in a video on the school's website. This story is available exclusively to Business Insider subscribers.
Persons: , David Marchick, Kogod Organizations: Service, Kogod School of Business, Wall Street, Business Locations: Columbia
“The tax benefits were definitely factored into how Chevron valued Hess,” said Donald Williamson, an accounting professor at American University’s Kogod School of Business. “When you combine the companies, we have the greater U.S. income, and we can use those net operating losses,” he said. The bottom line effect, when that loss limit is multiplied by the U.S. federal tax rate of 21%, is extra cash flow that could top $400 million a year. “There’s a strong and appropriate case to increase the corporate income tax rate.”Last year, corporate tax revenue totaled a record $425 billion, according to the Congressional Budget Office. Over the past decade, Chevron's current U.S. federal tax expense has averaged $40 million a year.
Persons: Dado Ruvic, Hess, , Donald Williamson, , Pierre Breber, Williamson, Jim Seida, Jean Ross, Exxon, Darren Woods, ” Woods, Tim McLaughlin, Marguerita Choy Organizations: Chevron, Hess, REUTERS, Kogod School of Business, Internal Revenue Service, U.S, University of Notre Dame, Center for American Progress, Congressional, Graphics, Exxon Mobil, Pioneer Resources, Exxon, Reuters, Boston College, Thomson Locations: U.S, Chevron
In the United States, “tipping is very customary. Leighton also said you won’t find a tipping culture on the island of Taiwan. Robinson said the tipping culture is less pervasive in Sicily than the United States and even more laid-back than in Rome. As for tipping culture in the US vs. the UK, Ryan Burditt said, it’s “really opposites to me. Robert Knopes/Education Images/Universal Images Group/Getty ImagesVisitors to the United States could be in for some tipping culture shock.
A Georgia woman whose mysterious death was initially described by authorities as a "personal and targeted" killing was found to have died by suicide, officials said Friday. A spokeswoman for the state law enforcement agency said it provided the autopsy results to the sheriff’s office Thursday. The sheriff’s office also said it found no evidence linking her death to suicide. “At this time, the investigation is leading us to the proposition that Mrs. Collier’s death was personal and targeted,” the sheriff’s office said on Sept. 30. "This was the consensus of all of the agencies involved in the initial and ongoing investigation into Mrs. Collier’s death," he said.
Among the items found with Collier’s body were a red tote bag and a partly burned blue tarp. Investigators obtained the security video after they got a tip that Collier's daughter was seen at the shop that Saturday, the sheriff's office said. A review of the video showed that Collier herself was there — not her daughter, the sheriff's office said. The state crime lab was still conducting an autopsy, the sheriff's office said last week. Collier's body was discovered after a late model van that she'd been driving was found unlocked and unoccupied at a road pullout, authorities said.
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