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Regardless of who wins Tuesday’s election, a key fixture of America’s political landscape for nearly a decade is set to disappear: the Trump rally. “It’s coming to an end,” Trump said in a phone interview with NBC News on Sunday. For his millions of supporters, Trump rallies have been a gathering place with thousands of other like-minded Americans. Torabi is best known for his popular Twitter account, where his clips of Trump rallies frequently go viral. “So tomorrow I’m doing three rallies and on Monday I’m going to do four rallies in one day,” Trump said.
Persons: Trump, Donald Trump, Anna Moneymaker, ” Trump, , “ There’s, Kamala Harris, Lee Greenwood’s, Jabin, I’m, , “ I’ve, he’s, Robin Cole, , hasn’t, ” Trudy Delling, Andrew Caballero, Reynolds, It’s, that’s, Trump’s, We’ve, Acyn, Torabi, he’ll, outshine, Republican Party won’t, , ” Eric Trump, Julia Demaree Nikhinson, it’s, marveled, we’re Organizations: White House, Trump, State College ,, NBC News, White, Central Wisconsin Convention, Washington, Getty, NBC, Republican Party, Republican, Convention, AFP, North Locations: Grand Rapids , Michigan, State College , Pa, Rothschild, Wis, Greensboro, N.C, Pennsylvania, Virginia, Milwaukee, North Carolina, Warren, Mich, Macon , Georgia, Greensboro , North Carolina, Rocky Mount
An ‘embellished’ closing argumentTrump’s and Harris’ closing messages have seemingly been playing through a bullhorn on loop around Pennsylvania these final weeks. “No matter who wins, it will be narrow,” said Eugene DePasquale, the Democratic nominee for Pennsylvania attorney general. “If Harris wins, I think you’re going to say we offered a different vision for the country moving forward. And there was finally … a wanting to turn the page from Trump.”“If it goes the other way,” he continued. Her advertising has been heavily focused on her proposal to combat price gouging and cost increases that Pennsylvanians could face because of wide-ranging tariffs Trump wants to impose.
Persons: Harris, ” Trump, Sen, Bob Casey, , Abbott, ” Harris, Trump, Richard Perini, Eugene DePasquale, Donald Trump’s, Clinton, Luis von Ahn, , she’s, “ I’m, Josh Shapiro, ” Shapiro Organizations: Trump, Democratic, Trump’s State College, Republicans, , Carnegie Mellon University Locations: Pennsylvania, Lititz, U.S, Harrisburg, Westmoreland County, Pittsburgh
At least 11 people were injured and around 100 homes were damaged as a result of a weekend of severe weather. On Monday, that same weather system will bring more thunderstorms, damaging winds, large hail and possibly tornadoes to the south-central U.S., according to the National Weather Service. Around 17 million people who live in the area spanning from central Texas to northern Missouri are at risk of experiencing this severe weather. Bryan Terry / The Oklahoman / USA Today via ImagnEastern Oklahoma and surrounding areas have an Enhanced Risk of bearing the brunt of the weather, according to the weather service’s storm prediction center. The severe threat of tornadoes to eastern Oklahoma is expected to increase by late morning.
Persons: Bryan Terry Organizations: Oklahoma, Oklahoma City Fire Department, National Weather Service, Sunday, Tennessee Valleys Locations: Oklahoma, U.S, Texas, Missouri, Oklahoma City, Arkansas, Illinois, Oklahoma , Kansas , Missouri, Arkansa, Mississippi, Arkansas , Louisiana , Texas, Ohio
As the campaign enters its final days, Harris and Trump use starkly different messages to woo voters. Harris and Trump appeal to voters with starkly different tones in final campaign daysSipa via AP; Getty ImagesFormer President Donald Trump and Vice President Kamala Harris spent the final weekend of their campaigns bouncing between battleground states, hoping to ramp up last-minute support. More on the election:➡️ The final national NBC News poll of the 2024 presidential election finds the contest is neck and neck between Harris and Trump. ➡️ In an interview with NBC News' Dasha Burns Trump didn’t rule out banning vaccines if he becomes president. ➡️ Here’s why election night vote counts can make it hard to tell who will win the presidency.
Persons: Harris, Trump, Donald Trump, Kamala Harris, , , ” Trump, NBC’s, Dasha Burns Trump, ➡️, ➡️ Trump, Oklahoma Bryan Terry, Kevin Stitt, Stitt, NFL Jeffrey Becker, Greg Rosenstein, 💪, arnold, alf, 🏃, Ari z, Bea, ove, gad Organizations: NFL, Trump, AP, Getty, NBC, ➡️, NBC News, Senate, Imagn, Oklahoma Gov, Oklahoma City Fire Department, Video, National Weather Service, Oklahoma, Minnesota Vikings, Detroit Lions, dow Locations: Oklahoma, Pennsylvania, Puerto Rico, Lititz , Pennsylvania, Oklahoma City, Arkansas, Missouri, Ste l
The Israeli prime minister was engulfed in scandal Monday over a case involving one of his aides that has sent shockwaves across the country. The firestorm — brought into public view when an Israeli court loosened a gag order Sunday night — has enraged Netanyahu's political opponents and hostage families. Palestinians fill containers with clean water in the midst of the devastation in Beit Lahia, northern Gaza on Sunday. The Israeli leader faced mounting outrage from hostage families and much of the country's public over his failure to agree to a cease-fire deal. Prime Minister of Israel Benjamin Netanyahu during the United Nations General Assembly in New York on Sept. 27.
Persons: Benjamin Netanyahu, , Netanyahu, Shin, Eliezer Feldstein, Feldstein, Israel Benjamin Netanyahu, Pamela Smith, Benny Gantz, it’s, Yair Lapid, Lapid Organizations: Rishon, Zion, Israel Defense Forces, Israel Security Agency, AFP, Getty, NBC, Chronicle, Jewish, NBC News, Military Intelligence Directorate, United Nations General Assembly, AP Locations: Gaza, Beit Lahia, London, Egypt, Israel, Philadelphi, New York, Netanyahu's
BOSTON — Firefighters in Massachusetts are continuing to battle stubborn brush fires across the state with officials urging residents to take precautions to help avoid sparking new blazes. In Massachusetts, an average of 15 wildland fires are reported each October. On Saturday, a Boston man was arrested in connection to a brush fire in Milford, about 40 miles (64 kilometers) west of Boston. More than a quarter of this year’s brush and wildland fires took place in October, according to Chief Fire Warden David Celino of the Massachusetts Department of Conservation and Recreation. “Any outdoor fire will grow quickly, become difficult to control, and require numerous firefighting resources.”State Fire Marshal Jon Davine said about 45% of Massachusetts homes are in or near wooded areas at risk for brush and wildland fires.
Persons: David Celino, ” Celino, Jon Davine Organizations: BOSTON — Firefighters, National Weather Service, Massachusetts Department of Conservation, Recreation Locations: Massachusetts, Boston, In Massachusetts, Milford
Israel has officially notified the United Nations that it was cancelling the agreement that regulated its relations with the main U.N. relief organization for Palestinian refugees (UNRWA) since 1967, the country’s foreign ministry said on Monday. A Palestinian man carries a bag of flour distributed by UNRWA in Deir al Balah, central Gaza on Saturday. The ban does not refer to operations in the Palestinian territories or elsewhere. The legislation does not directly outlaw UNRWA’s operations in the West Bank and Gaza, both considered by international law to be outside the state of Israel but under Israeli occupation. The Israeli foreign ministry said activity by other international organizations would be expanded and “preparations will be made to end the connection with UNRWA and to boost alternatives to UNRWA.”
Persons: Israel, Abdel Kareem Hana, Israel’s U.N, Danny Danon, Organizations: United, West Bank, UNRWA, United Nations Locations: United Nations, Israel, Gaza, Deir al Balah
Lima, Peru CNN —A lighting strike during a local league soccer match in central Peru killed one player and injured four others on Sunday. Several players were seen falling face first to the ground as lightning struck the field. Almost 90% of all lightning strike victims survive, according to the CDC, but the effects can be serious and long-lasting. In 2020, a 16-year-old Russian goalkeeper survived a lightning strike during a training session. Though he suffered severe burns and doctors put him into an induced coma, the teenager made a remarkable recovery weeks later.
Persons: Hugo De La, , Hugo De La Cruz, Andina Organizations: Peru CNN, soccer, Coto, Onda Deportiva Huancavelic, Juventud, CNN, US Centers for Disease Control, Prevention Locations: Lima, Peru, Coto Coto, Chilca, Hugo De La Cruz, Junín
Former PBOC advisor discusses China and central government debt
  + stars: | 2024-11-04 | 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 EmailChina not realizing central government debt is markets' most important financial product: ProfessorLi Daokui, Mansfield Freeman professor of economics at Tsinghua University and former advisor at the People's Bank of China, says central government debt is the "bottom of the pyramid of financial products — it is the least risky, it is the most liquid financial asset in any mature financial market."
Persons: Li Daokui, Mansfield Freeman Organizations: China, Tsinghua University, People's Bank of Locations: People's Bank of China
How Is Climate Change Affecting Teenagers?
  + stars: | 2024-11-04 | by ( Charley Locke | ) www.nytimes.com   time to read: +14 min
Currie is still grappling with what she lost, including her ability to turn away from climate change. Ajayi believes that once people connect the dots on the effects of climate change, they’ll start to take action. Photographs by Tatsiana Chypsanava When Sara Saumanaia thinks about climate change, she thinks about both of her homes. The area is especially vulnerable to the effects of climate change; after a heavy rain, the streets around Saumanaia’s home regularly flood. Once, during a lesson on climate change, Saumanaia’s science teacher asked if anyone in the class was from Tuvalu.
Persons: Hurricane Milton, Michael Miranda’s, Meridith Kohut, Lucy Currie, Grant Harder, Currie, ” Currie, , , doesn’t, , “ I’ve, Obama Mchembe, Tanzania Obama Mchembe, Anna Boyiazis Obama Mchembe, , ’ Mchembe, ” Mchembe, Ayesha Ali, Bangladesh Ayesha Ali, Fabeha Monir, Ali, it’s, ” Ali, — Ali, Daniela Bazán, Peru Daniela Bazán, Florence Goupil Daniela Bazán, ’ ’, ’ Bazán, Ireoluwa Ajayi, Yagazie Emezi, Ireoluwa, Ajayi, Athanasios Kosteas, Enri Canaj, Kosteas, Thanasis, Sara Saumanaia, Tuvalu Sara Saumanaia, Tatsiana Chypsanava, ” Saumanaia, there’s, They’re Organizations: dala dala, Unicef, Pacific, oohed Locations: Hurricane, Fla, Jasper, Alberta, Jasper , Alberta, Canada, Toangoma, Tanzania, cassia, Dhaka, Bangladesh, Huaraz, Peru, Peruvian, Ota, Nigeria, Yagazie Emezi Ota, Lagos, Lagos State, Kalamata, Greece, Christchurch , New Zealand, Tuvalu, Christchurch’s, New Zealand, Christchurch, Maori, Saumanaia, Funafuti
In today's big story, a final look at the impact a Harris or Trump presidency will have on your finances . The big storyThe White House and your walletGetty Images; Jenny Chang-Rodriguez/BIOn the eve of election day, we're offering a final breakdown of how both candidates might affect your wallet. Let's get into it:Investing : The corporate tax rate is the major difference between the two sides that'll likely have the biggest impact on markets. Harris wants to raise the corporate tax rate, which would likely have the opposite effect. Cost of things : Both candidates are looking to keep leveraging tariffs, but Trump's policy is much more aggressive.
Persons: , Harris, Trump, let's, Jenny Chang, Rodriguez, Kamala Harris, Donald Trump, Let's, she's, Mario Tama, Peacock, Chip Somodevilla, Dow, BI's Emma Cosgrove, Siri, We've, Montana Sen, Jon Tester, Colin Allred, Carl Godfrey, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Ella Hopkins, Amanda Yen, Milan Sehmbi Organizations: Business, Service, BI, . Tech, Nvidia, Intel, Dow Jones, Trump, Mario, Fed, Street, CNBC, MSNBC, NBC, Apple Intelligence, WWDC, Apple, Democratic, Texas Rep, Fox Corp, Goodyear, Marriott Locations: Trump, New York, London
The Fed is going to cut interest rates by 50 basis points in December, Citi economist Veronica Clark said. Labor market weakness is showing across a number of data points, she said. According to Veronica Clark, deteriorating labor dynamics will force the central bank to cut rates by 50 basis points in December. Her point has grown more evident after October's jobs report underwhelmed expectations with only 12,000 jobs added. AdvertisementThough October's unemployment rate stayed unchanged on a rounded basis, Clark noted that it was it nearly rounded to 4.2%.
Persons: Veronica Clark, It's, Clark, , Reserve isn't Organizations: Citi, Labor, Service, Reserve, Bloomberg
BEIJNG, CHINA - NOVEMBER 13: Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China. (Photo by Gao Zehong/VCG via Getty Images)Asia-Pacific markets were set to open mixed Monday as investors gear up for a busy week that includes the U.S. presidential election and Federal Reserve's monetary policy meeting. Investors will also closely watch China's parliament that's scheduled to kick off on Monday. Chinese authorities are expected to announce more details on fiscal support when the meeting concludes on Friday. China's October trade data is due on Thursday after downbeat exports and imports growth in September.
Persons: Gao Zehong Organizations: Getty Images, U.S, Federal Locations: BEIJNG, CHINA, Beijing, China, Asia, Pacific
Market analysts predicted choppy trading and sharp swings going into the US presidential election. AdvertisementMarket analysts are braced for volatility ahead of Tuesday's presidential election as traders shuffled their bets on a Donald Trump or Kamala Harris victory. The drivers of market performance — economic growth, corporate earnings, and innovation — ultimately outshine the impact of political changes. The Trump trade is a stronger dollar, weaker bonds/ higher bond yields and stronger crypto. With one day left of this campaign, the dollar is falling, and the dollar index is at a two-week low.
Persons: Donald Trump, Kamala Harris, , who'll, Naeem Aslam, Joshua Mahony, Harris, Hal Cook, Hargreaves, Kathleen Brooks, Trump Organizations: Service, Republican, Democratic, Federal Reserve, Zaye, Trump, FX Locations: Iowa, United States
The yield on 10-year Treasury was last down by over six basis points, hovering around the 4.3% mark. The yield on the 2-year Treasury was last down by more than three basis points to 4.1661%. U.S. Treasury yields were lower on Monday as investors braced for a busy week which will see voters head to the polls for the U.S. presidential election and the Federal Reserve's next interest rate decision. Investors are also focused on the Fed's interest rate decision at the central bank's policy meeting on Thursday. Traders are were last pricing in a 99% chance of a quarter-point interest rate cut, according to CME Group's FedWatch tool.
Persons: Kamala Harris, Donald Trump, Jerome Powell Organizations: Treasury, U.S, Federal, U.S . House, NBC, PMI
CNN —More severe weather is expected in the South and the Southern Plains Monday, including in Oklahoma, where residents are surveying the destruction from tornado-spawning storms that injured at least 11 people and leveled homes over the weekend. Tornado sirens rang out Monday morning in Oklahoma City, where residents are still surrounded by the destruction and debris caused by the weekend’s severe storms, after the National Weather Service issued a tornado warning. There were no confirmed tornadoes or reports of damage from Monday morning’s storms. A level 2 of 5 threat of severe thunderstorms spans from central and eastern Texas to the Illinois-Missouri border – including Dallas, threatening damaging wind gusts, large hail and tornadoes, according to the SPC. Nearly 40 structures were destroyed in the Oklahoma City area, the Oklahoma City Fire Department said in a Facebook post.
Persons: OCFD, Katie Anderson, ” Anderson, ” Thomas Shaver, KOKH, Shaver, , we’re, , Kevin Stitt, Stitt, “ We’ll, PowerOutage.US Organizations: CNN, Plains, National Weather Service, Oklahoma, SPC, Tornadoes, Oklahoma City Fire Department, KOKH, Oklahoma City, Oklahoma Gov, Harrah Locations: Oklahoma, Oklahoma City, Texas, Arkansas, Missouri, Illinois, Dallas, Gulf of Mexico, Kansas, , Cleveland
A sign for the Reserve Bank of India (RBI) sign is displayed inside central bank's headquarters in Mumbai, India. The Reserve Bank of India would be able to tap its large foreign exchange reserves to defend the domestic currency in the event of global market volatility and an outflow of foreign funds, the sources said. There has been a record outflow of more than $10 billion in foreign funds from India stocks, while foreigners pulled $700 million from the debt market. Central bank officials have not committed to or signaled any timing for a rate cut. China's stimulus efforts, which could intensify if U.S. tariffs further hurt its economy, have been a factor driving foreign funds out of India and other emerging markets into China.
Persons: Donald Trump, Kamala Harris, Trump Organizations: Reserve Bank of India, Republican, Democratic, Trump Locations: Mumbai, India, China, The U.S, Central
The second round of voting pitted incumbent Maia Sandu against her Russia-backed Party of Socialists opponent Alexandr Stoianoglo, after neither candidate won a majority in the first round last month. With 99.9% of the responses at the poll counted on Monday morning, Sandu won 55.4% of the vote, compared to the 44.6% of Stoianoglo, according to Moldova's Central Electoral Commission. France will continue to stand beside Moldova on its European path," according to a CNBC translation. Ursula von der Leyen, president of the European Commission, likewise praised Maia Sandu, stating on X that "it takes a rare kind of strength to overcome the challenges you've faced in this election. I'm glad to continue working with you towards a European future for Moldova and its people."
Persons: Maia Sandu, Alexandr Stoianoglo, Sandu, we've, Olaf Scholz, Emmanuel Macron, Sandu's, Ursula von der Leyen, you've, I'm Organizations: Electoral Commission, Moscow, CNBC, European Commission Locations: Soviet, Russia, Moldova, Ukraine, Romania, Europe, Georgia, Russian, Republic of Moldova, France
The Federal Reserve is expected to cut interest rates by 25 basis points on Thursday. It follows a 50-basis-point rate cut in September — the first cut in four years. CME FedWatch, which forecasts interest rate changes based on market predictions, estimated an all-but-certain 25 basis point cut as of Friday afternoon. Advertisement"Borrowers should understand that 'falling interest rates' are not the same as 'low interest rates,'" Greg McBride, Bankrate's chief financial analyst, said in a commentary. What are your financial plans if the Fed makes another rate cut?
Persons: , Jerome Powell, Powell, Helene, Milton, Cory Stahle, Julia Pollak, Greg McBride Organizations: Federal, Service, FedWatch, Boeing, BLS, Federal Reserve, PCE, Fed, asheffey
Don't ignore the European market, Jim Cramer says
  + stars: | 2024-11-04 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
CNBC's Jim Cramer on Monday told investors not to write off the power of European markets, pointing out economic growth across the region. But he pointed out a number of developments in the European economy, including three rate cuts from the European Central Bank. Cramer suggested there's been growth across the continent, especially in southern rim countries like Portugal, Italy and Greece. Cramer added that he was impressed by growth in European markets that tech giants Amazon and Apple reported when they posted earnings last week. "Sooner or later, Wall Street's going to wake up to the fact that Europe is back," Cramer said.
Persons: CNBC's Jim Cramer, Cramer, there's, Donald Trump, Wall Organizations: European Central Bank, Credit Suisse, Banco Santander, Apple Locations: Europe, Portugal, Italy, Greece, Spain, China
Stock futures were little changed in overnight trading ahead of Tuesday's high-stakes U.S. presidential electionFutures tied to the Dow Jones Industrial Average added 20 points. S&P 500 futures and Nasdaq-100 futures inched about 0.1% higher. The latest poll from NBC News suggests the race is "neck and neck" between former President Donald Trump and Vice President Kamala Harris. The results could heavily affect where stocks end the year, but investors may want to brace for some near-term choppiness. Traders are pricing in 98% odds of a quarter-point cut following September's half-point reduction, according to CME Group's FedWatch Tool.
Persons: Stocks, Dow, Donald Trump, Kamala Harris, Adam Parker, Jerome Powell Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, NXP, U.S, Treasury, NBC News, Congress, Republicans, CNBC, Super Micro, Yum Brands
Specifically, he warned about traders taking the 10-year Treasury yield , a bond market benchmark, above 5% — a level it hasn't seen since mid-2007. To be sure, there are myriad reasons why the bond market has been in a state of tumult since mid-September, political considerations of a second Trump term being just one of them. "The bond market could easily nullify the impacts of another rate cut. That's because the bond market believes the Fed is cutting rates by too much, too soon, and is therefore raising long-term inflation expectations. It could carry "higher tariffs and mass deportations, which triggers stagflation in the US including a second inflation spike," the bank said.
Persons: Donald Trump, Chip Somodevilla, Kamala Harris, Ed Yardeni, Yardeni, Trump, Harris, Kumar, it's, Karen Dynan, Trump's, Peterson, Morgan Stanley Organizations: Fiserv, Republican National Convention, Treasury, Trump, Reserve, Bond, Yardeni Research, Sri, Kumar, Peterson Institute for International Economics, Federal Reserve, JPMorgan, Republicans Locations: Milwaukee , Wisconsin, United States
CNN —A US soldier who was critically injured over the summer while on the temporary Gaza pier mission died last week, the Army said Monday. Quandarius Davon Stanley, was one of three US service members injured in non-combat incidents during the mission, though two were immediately returned to duty after suffering minor injuries. “Stanley was injured while supporting the mission that delivered humanitarian aid to Gaza in May 2024 and was receiving treatment in long-term care medical center,” Capt. Our entire unit mourns alongside his family.”It’s unclear how exactly Stanley was injured, though officials have emphasized that it was not combat related. The pier mission was a highly visible effort by the Biden administration to get more humanitarian aid into Gaza amid Israel’s war with Hamas.
Persons: Quandarius Davon Stanley, Stanley, “ Stanley, Shkeila Milford, Sgt Quandarius Stanley, ” Col, John “ Eddie ” Gray, , , Adm, Bradley Cooper, ” Stanley, Biden, Organizations: CNN, Army, 7th Transportation Brigade, Base, 3rd Expeditionary Sustainment Command, 7th Transportation Brigade Expeditionary, US Central Command, Brooke Army Medical Center, Hamas, Office Locations: Gaza, Eustis , Virginia, Shkeila, Glover, , San Antonio , Texas
According to Moldova’s Central election commission, with 100% of votes counted, Sandu had 55% of the total. Its leader, a regular visitor to Russia, met with Russian President Vladimir Putin in March. In his congratulatory note to Sandu Monday, US President Joe Biden declared “Russia failed” in its attempt to undermine Moldova’s democracy. Meanwhile, Ukraine is breathing a sigh of relief at the results of Moldova’s election. If Russia’s gains turn from tactical to strategic, Moldova faces a threat much bigger than election interference.
Persons: Maia Sandu, Sandu, Alexandr Stoianoglu, Konstantin Kosachev, Andrey Klishas, , , Vadim Ghirda, Vladimir Putin, Joe Biden, Vladislav Culiomza, Volodymyr Zelensky Organizations: CNN, EU, Moldova’s, Moldovan, Kremlin, European Union, AP, “ Russia, Reuters Locations: Moscow, Russia, Moldova, Russian, Chisinau, upending, Ciopleni, AP Russia, Transnistria, Ukraine, Donbas, Moldova’s, Gagauzia, Sandu, EU, Georgia, trepidation, Romanian
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed should look through the weaker-than-expected October jobs report, says Roger FergusonFormer Federal Reserve Vice Chairman Roger Ferguson joins 'Squawk Box' to discuss the state of the economy, the Fed's inflation fight, whether the central bank should look past the weaker-than-expected October jobs report, and more.
Persons: Roger Ferguson Organizations: Roger Ferguson Former Federal
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