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☆ As voters cast ballots this election, some Americans are placing bets. Here’s what to know
▼ + stars: | 2024-10-30 | by ( Piper Hudspeth Blackburn | ) edition.cnn.com time to read: +7 min

The election markets have not gone unnoticed by the Republican Party’s presidential nominee, Donald Trump, who has touted his odds on social media and at campaign events. With more than 50 million ballots already cast ahead of Tuesday’s election, here’s what you need to know about election betting in the US. Robinhood, a popular stock-trading app, launched presidential election betting on Monday. PredictIt, another prediction market embroiled in a legal fight with the CFTC, also offers election contracts while its case is ongoing. Researchers, however, have long studied political prediction markets.

Persons: Donald Trump, “, Trump, Kamala Harris, Kalshi, ”, PredictIt, David G, Schwartz, ” Schwartz, Paul Rhode, Koleman Strumpf, isn’t, Elon Musk, Cantrell Dumas, it’s, ” Dumas Organizations: CNN, White, Kalshi, Republican, Democratic, Futures Trading Commission, Senate, DC, Appeals, CFTC, University of Nevada, The University of Iowa, Iowa Electronic Markets, Victoria University of Wellington, Commission, Better Locations: United States, Washington ,, Michigan, Las Vegas, New York City, Rhode, Nevada , Texas , Michigan, Iowa, New Zealand, Wisconsin, Pennsylvania

☆ A new ETF could disrupt the trillion-dollar money market fund industry. What to know
▼ + stars: | 2024-10-25 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

Total money market fund assets have ballooned to more than $6.5 trillion, according to the Investment Company Institute. Traditional money market fund transactions take place at the end of each trading day, while ETFs trade constantly during market hours. How it works The Texas Capital ETF holds very short-term fixed income instruments, similar to traditional money market funds. It will abide by rule 2a-7 , a U.S. Securities and Exchange Commission regulation that governs the liquidity of holdings in traditional money market funds. Looking forward The potential market for a money market ETF is massive.

Persons: Michael Carbone, That's, Richard Leimgruber, Jeff Schwartz, Brad Roth, Roth Organizations: Texas Capital, Money Market, Federal Reserve, Investment Company Institute, CNBC, U.S . Securities, Exchange Commission, Wealth, ICI, The Texas Capital, Thor Financial Technologies Locations: Texas, Chelmsford, Mass, Tarrytown , New York

Obama focuses his campaign outreach on young Black men. Jeff Swensen / Getty ImagesWill Obama’s outreach to young Black men help Harris?Former President Barack Obama has been on the campaign trail for Kamala Harris, aiming to shore up her support among young Black men. Democrats have been unnerved by recent polls that show Harris’ numbers sagging among Black voters, particularly young men. One of Obama’s tasks leading up to Election Day is to persuade Black men that voting for Donald Trump would be a grievous mistake. 🙌 Russell Wilson made his Steelers debut on “Sunday Night Football” and led Pittsburgh to a 35-17 win against the New York Jets.

Persons: Obama, Sean “ Diddy ” Combs, Jeff Swensen, Harris, Barack Obama, Kamala Harris, It’s, Donald Trump, ”, hasn’t, “ They’re, He’s, podcasters, Read, Trump, ➡️ Harris, Al Sharpton, Mark Cuban, ➡️ Trump, Israel Aaron Schwartz, Michael M, Daniel Penny, Jordan Neely, Penny, Neely, Michael Jackson, Sean, Diddy, Combs, Lucas Jackson, Tony Buzbee, NFL Cary Edmondson, Russell Wilson, ’, Jayden Daniels, Greg Rosenstein, 🙌, aron, odgers,, alo, bea u, lea Organizations: Black, of Arizona, NBC, Trump, MSNBC, Getty, U.S, New York City, NBC News, NFL, Steelers, Jets, Pittsburgh, ards Locations: New York, Los Angeles, Philadelphia, peppering, Iran, Lebanon, New York City, Texas, hol

☆ U.S. investigating apparent leak of 'top secret' U.S. documents regarding Israel
▼ + stars: | 2024-10-20 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Courtney-Kube-Circle-Byline-Template.Jpg | Courtney Kube | ) www.nbcnews.com time to read: +2 min

U.S. officials are investigating the apparent leak of two top-secret U.S. documents that show American spy agencies tracking possible Israeli preparations for conducting an attack on Iran, three U.S. officials said. Two U.S. officials said that the leaked documents appear to be authentic. U.S. intelligence agencies declined to comment on the documents, which were posted on the social media app Telegram on Friday. “We have not observed indications that Israel intends to use a nuclear weapon.”The apparent leak of two documents comes after Massachusetts Air National Guard member Jack Teixeira pleaded guilty in March to posting a trove of top-secret documents on the social media app Discord. That leak was seen as a deeply damaging lapse in security and resulted in calls for the intelligence community to do far more to prevent leaks.

Persons: ’ Ismail Haniyeh, Hassan Nasrallah, “, ”, Aaron Schwartz, Israel, Jack Teixeira Organizations: U.S, “ Israel : Air Force, Force, Geospatial - Intelligence Agency, Israeli Defense Forces, Getty, Massachusetts Air National Guard Locations: Iran, Lebanon, Tehran, Beirut . Two, “ Israel, Israel

☆ 'The Apprentice' director is 'optimistic' Trump will accept the presidential election results
▼ + stars: | 2024-10-14 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +5 min

With the 2024 election nearing, questions arise about whether Trump will accept the results if he loses. That "always claim victory" rule came into play during the 2020 presidential election. David Becker/Getty ImagesThe 2024 presidential election, in which Trump seeks to reclaim the presidency against Vice President Kamala Harris, is now less than a month away. The question of whether Trump will accept the results of this election remains unclear. Maria Bakalova as Ivana Trump and Sebastian Stan as Donald Trump in "The Apprentice."

Persons: Ali, Roy Cohn's, —, Ali Abbasi's, Donald Trump, Sebastian Stan, Roy Cohn, Jeremy Strong, Tony Schwartz, Cohn, Trump, he'd, Joe Biden, Trump insurrectionists, David Becker, Kamala Harris, Abbasi, Maria Bakalova, Ivana Trump, doesn't, Steven Cheung Organizations: Trump, Service, Pro, Capitol, Big League, CBS News, Business Locations: New York, Vegas, Scythia, United States

☆ I bought a home in Florida for $540,000 and Hurricane Milton is tearing through our neighborhood. We don't have flood insurance, and I know I'm not sleeping tonight.
▼ + stars: | 2024-10-10 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

As Hurricane Milton tears through their neighborhood, she's now hunkering down in her new home. Schwartz said she could not sleep with the strong wind and trees falling over on her street. I don't know if something's slammed into the door or the side of the house. I'm shocked that we haven't because many friends and family members say they don't have power. AdvertisementAnd I know I'm not sleeping tonight.

Persons: Natalie Schwartz, Milton, Schwartz, —, I've, something's, Helene Organizations: Service, Hurricane Locations: Wesley Chapel , Florida, she's, Tampa's, Hurricane Milton

The specific cruise ship you go on — and the room you're in — can determine what kind of time you have. Research your shipWhen you cruise, the ship is your hotel, your mode of transportation, your restaurants, and oftentimes, it provides professional entertainment, too. Your cruise ship isn't merely a way to get from point A to point B. If you can, avoid a noisy cabin right under the pool or on a deck right above or below the theater." Most cruise drink packages don't begin until you leave ports of call, so you can usually only get included drinks while you're sailing.

Persons: —, I've, Judy Schwartz, Schwartz, lounging, You'll, she's Organizations: Service, U.S, Royal Locations: —, Hawaii, Alaska, Scotland, Ireland, Norwegian, Bahamas, Labadee, Haiti, Royal Caribbean, France, Tallinn, Estonia

☆ 'Business Leaders for Harris' campaign launches a podcast and website featuring Cuban, Hastings, Hoffman and more
▼ + stars: | 2024-10-04 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

Democratic presidential nominee and U.S. Vice President Kamala Harris speaks onstage during a campaign event, in Las Vegas, Nevada, U.S., September 29, 2024. Business Leaders for Harris went live with a website early Friday that features online testimonials, both from small business owners and hugely successful entrepreneurs. We need someone who will bring us hope in a very tangible way and that is Kamala Harris," Chenault says in his testimonial. Business Leaders for Harris is a project of the Republican Accountability PAC, a progressive political action committee. In addition to donating money, Hoffman is hosting a new Business Leaders for Harris podcast.

Persons: Kamala Harris, Donald Trump, Harris, Mark Cuban, Reid Hoffman, Reed Hastings, Aaron Levine, Ken Chenault, Ken Frazier, Chenault, Hastings, Joe Biden, Biden, Hoffman, they're Organizations: Democratic, U.S, Republican, Donald Trump . Business, Dallas Mavericks, LinkedIn, Netflix, Former American Express, Merck, Trump ., Business, PAC, Commission, Harris, Cuban Locations: Las Vegas , Nevada, U.S, Hastings

☆ My mom is 68 and I track her location. I want to make sure she's safe.
▼ + stars: | 2024-10-03 | by ( Cailey Griffin | ) www.businessinsider.com time to read: +5 min

Krista doesn't track her mom daily, but having her mom's location helps her ensure her mom is safe. I track my mom's location because I want to know she's safe. I don't check my mom's location all the timeI'm an only child, so it's just me and my mom who use the "Find My" app to track each other's location. I'm sure my mom tracks my location pretty often — although I can live without knowing exactly how frequently she does. There was one time when I hadn't heard from my mom all day during her more active cancer treatments.

Persons: Krista Hall, Ann Schwartz, Krista doesn't, —, We're, We've, she's, he'd, hadn't Organizations: Service

If Trump Wins, Could He Really Use the Justice Department to Jail His Rivals? One of the most powerful appointees within the Justice Department is the director of the F.B.I., who ordinarily serves a 10-year term. He would be limited to a pool of senior Justice Department employees and Senate-confirmed officials, but still…. Even if Trump has installed loyalists at the top levels of the Justice Department, F.B.I. If the public comes to see the Justice Department as compromised, will witnesses and informants continue to cooperate?

Persons: Donald Trump, Kamala Harris, Biden, weaponizing, Harris, Trump, Richard Nixon, Christopher Wray, James Comey, …, Joe Biden, —, Peter Keisler, George W, Bush, “, Hillary Clinton, Aileen Cannon, Jack Smith, Steve Bannon, Roger Stone, Paul Manafort, Robert Jackson Organizations: Trump, Department, Justice Department, Loyalists, Republicans, Senate, Power, White, Heritage Foundation, Federal, Justice, Prosecutors, Republican, 11th Circuits, Capitol Locations: U.S, Texas, Florida, America

☆ Federal appeals court allows prediction market Kalshi to offer US election betting
▼ + stars: | 2024-10-02 | by ( Piper Hudspeth Blackburn | ) edition.cnn.com time to read: +5 min

CNN —A federal appeals court in Washington, DC, on Wednesday allowed a prediction market to offer election betting, denying a government watchdog’s request to halt a ruling that made way for legal political gambling in the United States. It is unclear whether the New York-based startup will launch more election markets. “US presidential election markets are legal. Because the sources of information that election markets absorb can be “opaque and unreliable,” like polls with undisclosed methodologies or fake news reports, Schwartz suggested that they can be uniquely susceptible to manipulation. While the legal dispute with Kalshi plays out, the CFTC has also embarked on a broader clampdown on events-based betting.

Persons: ” “, Patricia Millett, ”, ” Kalshi, Jia Cobb, Tarek Mansour, X, Stephen Hall, ‘ deepfakes, Kalshi, “, Rob Schwartz, Schwartz, Yaakov Roth, ” Roth, Rostin Behnam Organizations: CNN, Senate, Futures Trading Commission, DC, Appeals, US, DC Circuit, Kalshi, CFTC, Better Locations: Washington ,, United States, New York, Washington, “

☆ Schwartz: People don't want the economy shut down; I don't think this will last long
▼ + stars: | 2024-10-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSchwartz: People don't want the economy shut down; I don't think this will last longJeremy Schwartz, Global Chief Investment Officer at WisdomTree Inc, highlights the need for automation amid port strikes, expects a quick resolution, supports faster rate cuts, and notes rising commodity prices as both inflation risks and portfolio diversifiers.

Persons: Jeremy Schwartz Organizations: Schwartz, Global Chief, WisdomTree Inc

A combination picture shows Republican vice presidential nominee U.S. Republican vice presidential nominee JD Vance and Democratic nominee Tim Walz will debate Tuesday night in New York City, for their sole face-to-face showdown of the 2024 election. Vance, a 40-year-old who represents Ohio in the U.S. Senate, was tapped as the running mate of former President Donald Trump shortly before the Republican National Convention in July. Vice President Kamala Harris, who became the Democratic nominee after President Joe Biden quit the election in mid-July, picked the Minnesota governor Walz as her running mate in early August. CNBC reporters will be live blogging Tuesday's campaign news from New York City, Washington, San Francisco and Englewood Cliffs, N.J.

Persons: J.D, Vance, Donald Trump's, Tim Walz, JD Vance, Norah O'Donnell, Margaret Brennan, Donald Trump, Kamala Harris, Joe Biden, Walz, Trump, Harris Organizations: U.S, Minnesota, Earth Rider, Republican, Democratic, CBS, CNBC, NBC News, U.S . Senate, Republican National Convention Locations: Grand Rapids , Michigan, U.S, Superior , Wisconsin, New York City, Ohio, New York City , Washington, San Francisco, Englewood Cliffs, N.J

☆ Cannabis may soon be rescheduled as a less dangerous drug. 5 things you need to know
▼ + stars: | 2024-09-30 | by ( Andrea Kane | ) edition.cnn.com time to read: +6 min

That’s the technical term for reclassifying it as a less dangerous drug, which would loosen some restrictions around it at the federal level. Currently, cannabis is a Schedule I drug, under the Controlled Substance Act, alongside drugs such as heroin and LSD. Rescheduling cannabis is a complicated process. Gruber shares five things you need to know about cannabis’ possible reclassification. For example, she asked, would you want to use cannabis for medical reasons, recreation or a mix of the two?

Persons: Sanjay Gupta, Cannabis, Joe Biden, Staci Gruber, ” Gruber, Gruber, ”, “, Dr, Theodore Schwartz Organizations: CNN, US Department of Justice, US Drug Enforcement Administration, US Department of Health, Human Services, Harvard Medical School, DEA, Marijuana, Neuroscientific Discovery, McLean Hospital, “ Cannabis, Weill Cornell Medicine Locations: United States, Boston, Belmont , Massachusetts, New York

☆ Eric Adams federal probe hones in on little-known Turkish businessman
▼ + stars: | 2024-09-26 | by ( Brian Schwartz | ) www.cnbc.com time to read: +1 min

Federal prosecutors have honed in on ties between New York City Mayor Eric Adams and little-known Turkish businessman Enver Yucel, CNBC has learned from the indictment and other public records, including campaign finance documents. A federal indictment unsealed on Thursday describes a 2021 campaign fundraising scheme involving Adams, his team and a person only identified in the indictment as "Businessman-1." An August 2015 letter from New York's conflict of interest board approving the travel, lists Bahcesehir as the only university helping pay for the trip. The City reported that Adams met with Yucel in December 2015 as part of his second trip that year to the country. A spokesman for Adams referred CNBC to his personal attorneys who did not return requests for comment.

Persons: Eric Adams, Enver Yucel, Adams, Yucel Organizations: New York City, CNBC, Bahcesehir University, Bay Atlantic University, The City, Yucel Locations: New, Turkish, Turkey, Washington ,, Brooklyn, The

☆ Koch network backed Mark Robinson, embattled North Carolina GOP Gov. candidate
▼ + stars: | 2024-09-23 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

Mark Robinson, Lieutenant Governor of North Carolina and candidate for Governor, delivers remarks prior to Republican presidential nominee former President Donald Trump speaking at a campaign event at Harrah's Cherokee Center on August 14, 2024 in Asheville, North Carolina. The political network largely funded by billionaire industrialist Charles Koch has been quietly backing North Carolina Lt. Gov. Mark Robinson despite a litany of controversies, according to records uncovered by CNBC. Though Robinson has denied he wrote the scores of posts, at least four of his top aides from his North Carolina gubernatorial campaign resigned within days of the report's publication. The move by Americans for Prosperity to back Robinson from a policy perspective surprised some North Carolina Republican strategists.

Persons: Mark Robinson, Donald Trump, Charles Koch, Koch, Robinson, It's, Sen, Ted Budd, Josh Stein, We've, Jonathan Bridges, Mark Walker Organizations: Governor, Republican, Cherokee Center, Gov, CNBC, Prosperity, CNN, North, North Carolina gubernatorial, National, Republican Governors Association, North Carolina Republican, Labor Locations: North Carolina, Asheville , North Carolina

Another co-defendant named Ryan Samsel — who was holding a giant flag portraying Trump as "Rambo" before he assaulted officers on Jan. 6 — will be sentenced on Feb. 4, 2025. Stephen Chase Randolph on Jan. 6. Among them: David Dempsey, who repeatedly assaulted officers inside the lower west tunnel to the Capitol, received 20 years; Peter Schwartz, received 14 years; Danny "D.J." Capitol Police Officer Caroline Edwards testifies during a Jan. 6 Committee hearing. After his arrest, federal authorities said Randolph downplayed his behavior and lied during his custodial interview with the FBI.

Persons: WASHINGTON, Donald Trump, Stephen Chase Randolph, Randolph's, James Tate Grant, Jason Benjamin Blythe, Paul Russell Johnson, Ryan Samsel —, Trump, Rambo, Jan, Randolph, David Dempsey, Peter Schwartz, Danny, D.J, Rodriguez, Michael Fanone, Christopher Quaglin, Thomas Webster, Blythe, Johnson, Samsel, Caroline Edwards, Edwards, banister, ” Edwards, “, Win McNamee, ” Randolph, Joe Biden, yay, It’s, ”, Ronald Reagan, Royce Lamberth Organizations: Capitol, Capitol Police, U.S, District of Columbia, New York City Police, FBI, District Locations: Kentucky, Grant, Washington, Washington ,

☆ Trump's promise to repeal SALT caps revives the fight on Capitol Hill
▼ + stars: | 2024-09-20 | by ( Brian Schwartz | ) www.cnbc.com time to read: +4 min

The SALT deduction allows tax payers to deduct up to $10,000 of property, sales or income taxes that have already been paid to state and local governments. Historically, most of the tax payers who claim the deduction reside in high tax states such as New York, Connecticut, New Jersey and California. There was no cap on SALT prior to the Trump tax bill. Some of those recent conversations have featured Trump's new stance on bringing back the full SALT deduction, despite his bill being the cause for the $10,000 cap. Rep. Young Kim, R-Calif., told CNBC in a statement that the SALT cap is "hurting" her constituents and said Trump's most recent take on SALT shows he's listened to "Americans across the country hurting from the SALT cap."

Persons: Josh Gottheimer, Donald Trump's, Trump, Andrew Garbarino, Garbarino, Anthony D'Esposito, Nick LaLota, Jason Smith, Smith, Young Kim, he's, Kim, they'll Organizations: United States Capitol, Republicans, Senate, Capitol, New York Republicans, CNBC, Democrats, The New, The New Jersey House, Democratic Locations: Washington ,, New York , Connecticut , New Jersey, California, The, The New Jersey

☆ Watch CNBC's full interview with Carlyle CEO Harvey Schwartz
▼ + stars: | 2024-09-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Carlyle CEO Harvey SchwartzCNBC’s Leslie Picker and Carlyle CEO Harvey Schwartz join 'Squawk Box' to discuss the state of the economy, the Fed's inflation fight, central bank's monetary policy, rate path outlook, state of private equity, Carlyle's private credit strategy, and more.

Persons: Carlyle, Harvey Schwartz, Leslie Picker

☆ OpenAI's power players: Meet the 20 leaders helping shape the future of the AI giant
▼ + stars: | 2024-09-18 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +18 min

Last November, the sudden ouster of CEO Sam Altman and the resulting revolt by most of its employees cast doubts on the future of the world's most prominent AI company. While by no means a comprehensive list, below are some of the key power players who are helping to determine OpenAI's future. He took over for his former boss, Jason Kwon, who has since become the company's chief strategy officer. She's also been referred to as OpenAI's "minister of truth" for her efforts to ensure the company's AI products aren't deceptive or biased. ResearchJakub Pachocki, Chief ScientistRelated storiesPachocki joined OpenAI's research in 2017 after completing a PhD in computer science at Carnegie Mellon University.

Persons: —, Sam Altman, OpenAI, Sarah Friar, Friar, Goldman Sachs, She's, Jason Kwon, Kwon, Anna Makanju, Global Affairs Chris Lehane, Che Cheng, OpenAI's, Cheng, Mira Murati, Murati, Kevin Weil, Weil, Instagram, Peter Welinder, Peter Deng, Research Jakub Pachocki, Pachocki, Ilya Sutkever, Ilya, Mark Chen, Chen, Bob McGrew, Sam Altman's, Lilian Weng, Weng, Aleksandr Madry, Barret Zoph, John Schulman, Zoph, Alec Radford, Radford, Zico Kolter, Kolter, Paul Nakasone, Bret Taylor, Taylor, He's, Larry Summers, Fidji Simo, Melinda Gates, Nicole Seligman, Adam D'Angelo, Quora, Altman, D'Angelo, Andrea Appella, Haidee Schwartz, Schwartz, Akin Gump, She'll, Heather Whitney, Whitney, Morrison Foerster, Makanju, Sam, Biden, Chris Lehane, Lehane, Clinton Organizations: Service, OpenAI, Business, Microsoft, Apple, Google, Khosla Ventures, Global, Global Affairs, Amazon, supercomputing, Tesla, Meta, Twitter, ChatGPT Enterprise, Research, Carnegie Mellon University, MIT, Facebook, Security, Machine Learning Department, Carnegie Mellon Carnegie Mellon, Stanford, CMU, Safety, Security Committee, US Army, NSA, US Cyber Command, Defense Department, U.S, Melinda Gates Foundation, Global Competition, Netflix, Century Fox, Competition, Federal Trade Commission, New York Times, Harvard Law School, University of Chicago Law School, NYU, Canada, Global Policy, Public Affairs, House, Newsweek Locations: Europe, Washington, OpenAI, Silicon, Middle East, Asia, London, Chan, Airbnb

☆ Carlyle CEO Harvey Schwartz on the Fed, state of private equity and economic outlook
▼ + stars: | 2024-09-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCarlyle CEO Harvey Schwartz on the Fed, state of private equity and economic outlookCNBC’s Leslie Picker and Carlyle CEO Harvey Schwartz join 'Squawk Box' to discuss the state of the economy, the Fed's inflation fight, central bank's monetary policy, rate path outlook, state of private equity, Carlyle's private credit strategy, and more.

Persons: Carlyle, Harvey Schwartz, Leslie Picker

☆ Some baby boomers are burning through their retirement savings to pay for cancer treatments. Then they have to go back to work.
▼ + stars: | 2024-09-15 | by ( Juliana Kaplan | Noah Sheidlower | ) www.businessinsider.com time to read: +13 min

AdvertisementIt's a story all too familiar for some older Americans: An unexpected health crisis derails their retirement planning. With insufficient help from health insurance or Social Security, medical bills eat up any savings or income they have. Jones, who gets $2,200 a month in Social Security, has had to take on part-time work, which made her ineligible for some federal assistance. She paid for chemo out of pocket, spending her way through her retirement savings and maxing out her credit cards. Amend said it's crucial for older Americans to believe everything will be OK, noting "your mindset perpetuates what your outcome will be."

Persons: —, Kimberly Mullen, Mullen, She's, she'll, Nancy Altman, Saul Martinez, Karen Knudsen, they've, Uber, Wendy Jones, it's, she's, Jones, Teresa Ghilarducci, , Ghilarducci, Rebecca Buffum, Buffum, I'm, Andrew Whitaker, Marion, Robert Papalia, Papalia, Leonard Bianconi, Bianconi, Gallup, Monique Morrissey, haven't, Harris, Morrissey, Frank, Weeks, he's Organizations: Service, Business, Social Security, American Cancer Society, Social, Walmart, Medicare, New School for Social Research, Schwartz, for Economic, Kaiser Family Foundation, BI, Institute, Biden, American Heart Association Locations: Kentucky, North Carolina

☆ Harris raises $47 million in 24 hours after Trump debate
▼ + stars: | 2024-09-12 | by ( Brian Schwartz | ) www.cnbc.com time to read: +1 min

US Vice President and Democratic presidential candidate Kamala Harris speaks at a campaign rally at the Bojangles Coliseum in Charlotte, North Carolina, on September 12, 2024. Vice President Kamala Harris raised $47 million in the first 24 hours following her Tuesday night debate against former President Donald Trump, a Harris campaign spokesman told CNBC. The newest Harris fundraising numbers mark the latest blow for the Trump campaign, which has been lagging behind Harris in the fundraising game. The Harris political operation recently announced that it raised $361 million in August, more than double the $130 million Trump's team raised last month. The news of Harris' $47 million day was first reported by The New York Times.

Persons: Kamala Harris, Donald Trump, Harris, Joe Biden, Walz, Trump Organizations: Democratic, Bojangles, CNBC, ABC News, Republican, ABC, Harris, The New York Times Locations: Charlotte , North Carolina, Philadelphia

☆ JD Vance's Wall Street allies raise millions for the Trump campaign
▼ + stars: | 2024-09-11 | by ( Brian Schwartz | ) www.cnbc.com time to read: +7 min

Wall Street relationshipsOne of Vance's earliest interactions with Wall Street came shortly after the November 2016 presidential election, when he headlined a lunch in New York to discuss his newly published memoir. John Underwood, a longtime managing director at Goldman Sachs, encouraged his allies to support and raise money for Vance's Senate campaign, according to people familiar with the matter. He told them the Trump campaign would need "hundreds of millions of dollars" to compete with Vice President Kamala Harris' fundraising surge. The Ohio Republican's opposition to Wall Street was on full display during the Republican National Convention in Milwaukee in July. "Wall Street barons crashed the economy and American builders went out of business," Vance said in his nomination acceptance speech.

Persons: Vance, Marco Bello, Sen, JD Vance, Donald Trump's, Scott Bessent, Morgan Stanley's Jonathan Burkan, Cantor Fitzgerald, Howard Lutnick, Norm Champ, Keith Rabois, Jacob Helberg, J.D, Champ, Sander Gerber, Gerber, Goldman Sachs, Ohio Republican Sen, Rob Portman, John Underwood, Underwood, Steve Case, Trump, Omeed Malik, Emil Henry, Henry, Bush, Ted Virtue, Woody Johnson, Clifford Sobel, Richard Kurtz, Kamala Harris, Harris, Malik, John Paulson, Reuben Jeffery III Organizations: Republican U.S, Reuters, Ohio, Trump, Vance, Securities and Exchange Commission, CNBC, Hudson, Hudson Bay Capital, Netflix, Allen & Company, Ohio Republican, Senate, AOL, Tiger Infrastructure Partners, New York Jets, Hamptons, Valor Capital, Rockefeller & Co, Wall, Republican National Convention Locations: Kenosha, Kenosha , Wisconsin, U.S, New York City, Hudson Bay, New York, Ohio, Sun Valley , Idaho, Washington, Milwaukee

☆ We're worried 'the Fed will be too slow' in cutting, says WisdomTree's Jeremy Schwartz
▼ + stars: | 2024-09-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're worried 'the Fed will be too slow' in cutting, says WisdomTree's Jeremy SchwartzJeremy Schwartz, WisdomTree global chief investment officer, joins CNBC's 'Money Movers' to discuss his reaction to today's CPI report, why some argue 50 basis points is out of reach, and more.

Persons: We're, WisdomTree's Jeremy Schwartz Jeremy Schwartz, WisdomTree Organizations: CPI

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