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☆ Cramer says exposure to China is hurting some stocks right now
▼ + stars: | 2024-07-30 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Tuesday suggested that the market is being brought down by some companies with business in China. "If you own stock in a company that expanded heavily into China, it's being killed right now," he said. But he said companies that rely on China for growth are having a particularly tough time on the market. He listed several companies whose business in China is lagging, including Procter & Gamble , Estee Lauder , Nike and Starbucks . According to Cramer, a reason smaller cap stocks are doing well is because, for the most part, they don't do a lot of business with China.

Persons: CNBC's Jim Cramer, it's, That's, Cramer, doesn't, Estee Lauder Organizations: Procter & Gamble, Nike, Starbucks, U.S Locations: China

☆ I'm a professional declutterer. Cleaning out your garage is a big project — here are 5 tips to finally tackle it for good.
▼ + stars: | 2024-07-30 | by ( Julia Williamson | ) www.businessinsider.com time to read: +4 min

Summer is here, and it's time to take on those big projects you've been avoiding all year. If one of those is cleaning out the garage, here are some tips to keep it from taking all summer and ruining your familial relationships. If most of the things in your garage are being banished from the premises, will you need help hauling them? AdvertisementYou'll likely find things that need repairing, things you want to donate to specific people or organizations, and things that need to be returned to their original owners. Meaning that you get all the big stuff moved out, the majority of the little stuff organized and put away, but then leave the last bit for… never?

Persons: —, you've, revel Organizations: Service

☆ The key price support levels to watch as sellers return to Nvidia
▼ + stars: | 2024-07-30 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

To start let's examine the 200-day moving average on the daily chart below shown as a dashed blue line. Looking back to the most recent correction in April, that was the support level of the price-to-moving average spread: 34%. We could be approaching a support level based on this analysis. This could occur by price continuing to move lower along with the moving average trending higher as the recent higher price readings factor into the average. The 50-day moving average of the daily volume totals is clearly in a decline since April.

Persons: Steve Eisman, Eisman, We're, Todd Gordon, Gordon, NVDA Organizations: CNBC, Nvidia, Jan, Edge, Inside Edge, NBC UNIVERSAL Locations: NVDA

☆ Why the U.S. elects so many older politicians
▼ + stars: | 2024-07-30 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com time to read: +2 min

"The age of our politicians is kind of baked into the preferences of our voters," said Christian Fong, an assistant professor of political science at the University of Michigan. The median age of the U.S. population — 38.9 in 2022 — is older than it has ever been, according to the Population Reference Bureau. Older voters tend to favor Republican politicians, whereas younger generations typically have a preference for Democrats. That said, Democratic Party legislators are slightly older than their Republican counterparts on average. Watch the video above to learn how older politicians cling to power in Washington.

Persons: Joe Biden, Bob Kerry, Christian Fong, Charles Hunt, Biden's, Kamala Harris, Donald Trump, JD Vance Organizations: Democratic Party, CNBC, 118th, University of Michigan, Stanford University, Pew Research, Republican, Boise State University Locations: U.S, Washington

Analyst Alex Henderson reiterated his buy rating for the cybersecurity firm but lowered his price target to $375 from $425. JPMorgan analyst Kenneth Worthington attributed a higher assumption for total crypto market cap as one reason for his price target raise. "We see the cryptoecosystem in the midst of a material participation rally, benefitting Coinbase revenue generation near term," the analyst wrote. Analyst Eric Joseph's December 2025 price target of $8 implies a 51% decline ahead for the stock. He also maintained his $725 price target, which implies upside of 15.6% from Monday's close.

Persons: Oppenheimer, Needham, Alex Henderson, CrowdStrike, Henderson, Lisa Kailai Han, Keefe, Bruyette, Meyer Shields, Shields, — Lisa Kailai Han, Kenneth Worthington, JPMorgan downgrades, Eric Joseph's, Joseph, Chipmaker, Simon Coles, Coles, Jason Helfstein, NFLX, Fred Imbert Organizations: CNBC, Barclays, Netflix, Security, Aon, JPMorgan, Sanofi Locations: Woods, Coinbase, China, Monday's

☆ Harris recalibrates policy stances as she adjusts to role atop Democratic ticket
▼ + stars: | 2024-07-30 | by ( Arit John | Kayla Tausche | ) edition.cnn.com time to read: +8 min

CNN —As the burgeoning Kamala Harris campaign works behind the scenes to refine its policy platform, the vice president has increasingly found herself clarifying which of her positions have shifted over the years. A Harris campaign official said Monday she no longer supports a fracking ban. Single-payer health careHarris’ campaign also confirmed this week that the vice president no longer supports a single-payer health care system. As vice president, Harris supported a bipartisan border bill that would have ramped up enforcement at the US-Mexico border. In June 2024, the White House announced a crackdown on asylum claims meant to continue reducing the flow – a policy that Harris’ campaign manager, Julie Chavez Rodriguez, indicated would continue under a Harris administration.

Persons: Kamala Harris, Harris, Joe Biden, –, Donald Trump, Biden, Trump, ”, fracking, “, ” Harris, Vermont Sen, Bernie Sanders, ‘, ’ ” Harris, “ Axios, Julie Chavez Rodriguez, ” Chavez Rodriguez, George Floyd’s, CNN’s KFile, “ Joe Biden, Sabrina Singh, Sen, Mitch Landrieu, ” Landrieu, CNN’s Pamela Brown, ” CNN’s Tami Luhby, Donald Judd, Priscilla Alvarez Organizations: CNN, Biden, Democratic, Republicans, Democrat, Senate, HBO, Customs Enforcement, MSNBC, ICE, White House, CBS News, Police Locations: California, Pennsylvania, Wisconsin , Michigan, Georgia, Arizona, Nevada, Minnesota, Vermont, Mexico, Minneapolis, New Orleans

☆ Pfizer beats earnings estimates, hikes full-year outlook as drugmaker cuts costs
▼ + stars: | 2024-07-30 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +2 min

Pfizer on Thursday reported second-quarter revenue and adjusted earnings that blew past expectations and raised its full-year outlook, benefiting from its broad cost-cutting program, better-than-expected sales of its Covid antiviral pill Paxlovid and strong non-Covid product sales. Pfizer now expects to book adjusted earnings of $2.45 to $2.65 per share for the fiscal year, up from its previous guidance of $2.15 to $2.35 per share. Pfizer also hiked its revenue outlook to a range of $59.5 billion to $62.5 billion, up from a previous revenue forecast of between $58.5 billion and $61.5 billion. 60 cents adjusted vs. 46 cents expected. Revenue: $13.28 billion vs. $12.96 billion expected.

Organizations: Pfizer, LSEG, Revenue Locations: U.S, Seagen

☆ Delta just issued a warning shot to CrowdStrike about the money it wants to help cover some losses from the huge outage
▼ + stars: | 2024-07-30 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +5 min

Read previewDelta Air Lines is gearing up to demand money following an outage that sent the world, including the airline, into chaos. The carrier hired star attorney David Boies to seek damages from CrowdStrike and Microsoft for the July 19 computer outage that forced Delta to cancel about 6,000 flights, CNBC reported on Monday. AdvertisementWhile no lawsuit has been filed, Delta plans to seek compensation from CrowdStrike and Microsoft, CNBC reported. AdvertisementEven individuals hoping to seek damages from CrowdStrike through proposed class action lawsuits may have little luck. Between customer agreements that favor CrowdStrike and SolarWinds largely beating the SEC, CrowdStrike stands a good chance in court, Sanchez said.

Persons: —, David Boies, Delta, Boies, Elizabeth Holmes, Al Gore, Boies Schiller, CrowdStrike, Elizabeth Burgin Waller, Woods Rogers, Mauricio Sanchez, Sanchez, SolarWinds, Andrew Selbst, Selbst Organizations: Service, Lines, Microsoft, CNBC, Business, Delta, Analysts, Bloomberg, CrowdStrike's Falcon, Dell'Oro, Fierce, Securities and Exchange, SEC, UCLA School of Law, Harvard Law, Federal Trade Commission, FTC Locations: CrowdStrike, Delta, Texas

☆ United States 3 Guinea 0: U.S. men qualify for Olympic quarterfinals for the first time in 24 years
▼ + stars: | 2024-07-30 | by ( Jeff Rueter | ) www.nytimes.com time to read: +6 min

For the first time in 24 years, the United States is in the knockout rounds of Olympic men’s soccer. Across all three games, the United States leaned heavily on Mihailovic and Paredes to take care of business in the final third. AdvertisementOverall, the United States can take pride in what’s been a composed and coherent group stage. This United States group will also be familiar with its quarterfinal opponent, Morocco, whose senior team advanced to the semifinal of the 2022 World Cup. Many players from the current United States roster took part in that friendly.

Persons: Mihailovic, Kevin Paredes, Paris Saint, Marko Mitrovic’s, FC Cincinnati’s Miles Robinson, Nashville SC’s Walker Zimmerman, John Tolkin, Philadelphia Union’s Nathan Harriel —, isn’t, Mitrovic, Gianluca Busio, Maximilian Dietz, Duncan McGuire, Griffin Yow, Yow, Paredes, what’s, Pulisic, Gio Reyna, Weston McKennie, Defenders Zimmerman, Miles Robinson, Patrick Schulte, John Todd Organizations: U.S, Guinea, Colorado Rapids, VfL Wolfsburg, USA, New Zealand, France, Parc des Princes, Morocco, Argentina, Ukraine, Iraq, FC Cincinnati’s, Nashville, New York Red Bulls, Philadelphia, MLS, Team USA, Elephants, men’s, America, Paris Games, United, Getty Locations: United States, Chile, U.S, France, They’ll, Morocco, Parc des, Paris, Germain, Argentine, New, Guinea, Paraguay, Spain, States

The busiest week of earnings season has arrived, with about 160 of the S & P 500 companies set to report, and some stocks could see major moves on the back of those releases. The S & P 500 and Nasdaq Composite fell last week as investors rotated out of technology sector winners in favor of beaten-down small-cap names. With this in mind, CNBC Pro screened FactSet data to find stocks that could see big moves on the back of their earnings reports. To be exact, 55 of the 63 analysts covering it have a buy or strong buy rating. While Meta is down more than 6% over the past month, shares are up more than 33% in 2024.

Persons: Donald Trump's, Trump, that's Zuckerberg, Carvana, Rajat Gupta, Wolfe, Shweta Khajuria Organizations: Wall, Nasdaq, CNBC Pro, Bloomberg, Hertz, Meta, Wolfe Research

Gail Collins: Bret, we’re beginning a whole new era in presidential politics, and before we get rolling I want to give you ample opportunity to retract your threat not to vote in a Trump-vs.- Harris election. Bret Stephens: My feelings about this election are approximately what Henry Kissinger’s were about the Iran-Iraq war: It’s a pity both sides can’t lose. You know that I will never, ever vote for Donald Trump. But I can’t quite see why I should cast my New York vote — a meaningless vote, as we both know — in favor of a politician whose views I oppose and whose judgment I doubt. Refusing to pick a less-bad choice is being, well, a kinda snob.

Persons: Gail Collins, Bret, we’re, Harris, Bret Stephens, Henry Kissinger’s, Donald Trump, Gail, you’ve Organizations: Trump, can’t Locations: Iran, Iraq, York

☆ Inside the Supreme Court’s compromise on Idaho’s abortion ban
▼ + stars: | 2024-07-29 | by ( Joan Biskupic | ) edition.cnn.com time to read: +13 min

Instead, a series of negotiations led to an eventual compromise decision limiting the Idaho law and temporarily forestalling further limits on abortion access from the high court. This exclusive series on the Supreme Court is based on CNN sources inside and outside the court with knowledge of the deliberations. The Idaho law had exemptions only to prevent death of the pregnant woman and in instances of rape or incest. It issued formal guidance saying the Emergency Medical Treatment and Labor Act (EMTALA), which requires stabilizing treatment regardless of a patient’s ability to pay, would preempt any state abortion ban in situations when an emergency termination was needed. Idaho lost in an initial proceeding in a US district court, as a judge issued a temporary injunction against the abortion ban.

Persons: Roe, Wade, Biden, John Roberts, SCOTUS, Elizabeth Prelogar, Idaho’s, Amy Coney Barrett, ”, Roberts, Brett Kavanaugh, Barrett, “ improvidently, ” Barrett, Kavanaugh, ’, Elena Kagan, ‘, – Samuel Alito, Clarence Thomas, Neil Gorsuch, Alito, Thomas, Sonia Sotomayor, Kagan, Jackson, Sotomayor, Ketanji Brown Jackson, “, ” Alito, ” Jackson Organizations: CNN, Supreme, Republican, Democratic, Labor, Justice Department, Idaho, United, Jackson, Health Locations: Idaho, EMTALA . Idaho, SCOTUS Idaho, Sacramento, Dobbs v, Moyle v, United States

The tragedy is sadly far from unique; extreme heat is turning ordinary activities deadly. Heat is the deadliest type of extreme weather, and the human-caused climate crisis is making heat waves more severe and prolonged. What heat does to your heartVideo Ad Feedback A rise in heat and humidity pushes the heart rate up. In extreme heat, your heart must work much harder to keep your body’s internal temperature stable. Blood flow to your brain decreases in extreme heat as breathing speeds up and blood vessels constrict inside your neck and skull.

Persons: Philip Kreycik, Kreycik, Santiago Mejia, Taylor, We’ve, ”, Matthew Huber, Damian Bailey, Bailey, “, ” Bailey, Laura Paddison, Catharina Giudice, Harvard T.H, it’s, Pope Moseley, ” Moseley, Moseley, they’ve, Giudice, Purdue University’s Huber, ” Huber, Richer, Jane Baldwin, Bharat Venkat, Venkat, Jen Christensen, Mary Gilbert, Angela Dewan, Angela Fritz , Mark Oliver, Henry Zerkis, Angelica Pursley , Yukari Schrickel, Elisa Solinas, Lou Robinson Organizations: CNN, Police, San Francisco Chronicle, Purdue University, Olympic Games, University of South, Harvard, of Public Health, Arizona State University, Purdue, University of California, World Health Organization, UCLA, Mary Gilbert Story Locations: Pleasanton, California, Mecca, Paris, University of South Wales, Chan, West Africa, South Asia, University of California Irvine

☆ What to watch at Olympics today: Swimming, skateboarding and U.S. women’s hoops
▼ + stars: | 2024-07-29 | by ( Lukas Weese | ) www.nytimes.com time to read: +7 min

Monday will see five swimming finals at Paris La Defense Arena, the first game for the U.S. women’s basketball team and the men’s gymnastics team final. The Americans have won seven consecutive Olympic gold medals — last missing the top of the podium in 1992. He also won gold at the 2021 world championships and the 2023 X Games in the street competition. Then the Tokyo Olympics happenedJapan’s Coco Yoshizawa, 14, won gold in the women’s street final Sunday. My pick is American Torri Huske winning her first Olympic gold in the women’s 100-meter butterfly.

Persons: It’s, — Sabrina Ionescu, Jackie Young —, A’ja Wilson, Breanna Stewart, Diana Taurasi, Morgan, Taurasi, Titmus, McIntosh, Peacock, Summer McIntosh, Katie Ledecky, Canada’s, Paris Olympics Nadal, Djokovic, Rafael Nadal, Novak Djokovic, Philippe, Nadal, Roland Garros, Carlos Alcaraz, Nyjah Huston, Patrick Smith, Japan’s, Jagger Eaton, Japan’s Coco Yoshizawa, Asher Hong, Paul Juda, Brody Malone, Stephen Nedoroscik, Fred Richard, they’ll, Jenna Flynn Organizations: Paris Games, Paris La Defense, U.S, USA, Japan, NBC, Olympic, Paris Olympics, Roland, Nadal, Los Angeles Games, Greece, The U.S, Spain Locations: Paris, Villeneuve, d’Ascq, France, Japan, U.S, Belgium, Germany, Australian, Canada, Tokyo, United States, Beijing, China, Spain, The

☆ Jim Cramer says the market rotation isn't all about smallcap stocks
▼ + stars: | 2024-07-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer said Monday the recent reshuffling on Wall Street is about more than a resurgence in small-cap stocks. "This market is not experiencing a smallcap rally, it's experiencing a rally in everything else but the tech titans. Cramer suggested the market isn't being led solely by a few smaller-cap companies that are performing well. Instead, he said, large institutions may be buying poor quality small stocks "as part of a larger basket" with indexes like the Russell 2000 or the S&P Small Cap 600. There are also larger companies that have seen huge gains recently as part of the market broadening, he said, such as McDonald's .

Persons: CNBC's Jim Cramer, Cramer, Russell, Wall, McDonald's Organizations: titans

☆ Meet the typical social-media influencer: They make less than $100,000 a year and juggle other jobs
▼ + stars: | 2024-07-29 | by ( Shriya Bhattacharya | Jacob Zinkula | ) www.businessinsider.com time to read: +8 min

A survey of over 2,000 content creators conducted by the influencer marketing agency NeoReach last year found that 48% of creators earned less than $15,000 a year. Since the money that influencers make sometimes isn't enough to sustain their lifestyles, they balance content creation with other jobs. AdvertisementThe typical US-based influencer is likely to be making less than six figures and creating content part-time, according to research, surveys, and influencer interviews. Most of these creators have smaller audiences, according to former influencer marketer Emmy Petit, who is now a full-time influencer. "The idea of full-time content creation is often more glamorous than reality," Mitchie Nguyen, a content creator based in New York, previously told BI .

Persons: —, NeoReach, Colin Rocker, IZEA, influencers, Jessica Ufuoma, Johnson, Jasmine Enberg, Emarketer, Anushka, Petit, Nadya Okamoto, MrBeast, Mitchie Nguyen, Enberg, TikTok Organizations: Service, YouTube, Business, Deloitte, Johnson, Influencer League Locations: Hong Kong, New York

☆ Earnings playbook: Your guide to the busiest week of the season, including Microsoft and Apple
▼ + stars: | 2024-07-28 | by ( Fred Imbert | ) www.cnbc.com time to read: +4 min

Of those names, 78% have beaten earnings expectations. Tuesday Advanced Micro Devices is set to report earnings after the bell. Thursday Apple is set to report earnings following the market close. This quarter: Expectations are muted around the tech giant, with analysts forecasting just 6% year-over-year earnings growth, according to LSEG data. This quarter: Analysts polled by LSEG see earnings growth of more than 55% for Amazon.

Persons: Ruben Roy, Jefferies, AAPL, Baird, Will Power, AMZN, LSEG, Brian Pitz, 120bps Organizations: Microsoft, Devices, Apple, Google, CNBC, AMD, LSEG, GPU, ISI, Apple Intelligence, Amazon, BMO

☆ These drugmakers are catching up to Eli Lilly and Novo Nordisk in weight loss treatments
▼ + stars: | 2024-07-28 | by ( Christina Cheddar Berk | In | ) www.cnbc.com time to read: +6 min

With billions at stake, that's pretty much been a guarantee facing the current market leaders, Eli Lilly and Novo Nordisk , from the start. Their updates are likely to be joined by others in the coming months even as today's incumbents develop their own next-generation weight loss treatments. Other analysts have also grown more optimistic about the future of weight loss treatments. Orforglipron, a once-a-day oral GLP-1 drug that Lilly is working on, had shown a 3% weight loss at 4 weeks. The company is also exploring whether the weight loss treatment could be given only once a month.

Persons: Eli Lilly, drugmakers Roche, Lilly, Denmark's, Trung Huynh, Huynh, Rajesh Kumar, Kumar, Novo, Roche, Roche ADRs, Justin Zelin, Zelin, Viking's, HSBC's Kumar, Novo aren't, —, Nick Wells Organizations: Novo Nordisk, Viking Therapeutics, UBS, HSBC Global Research, Carmot Therapeutics, Food and Drug Administration, Viking, European Association for, Diabetes, Pfizer, Amgen, Therapeutics Locations: Swiss, Novo, San Antonio, Spain

☆ We are 100 days from the 2024 presidential election. Here's where things stand.
▼ + stars: | 2024-07-28 | by ( Brent D. Griffiths | John L. Dorman | ) www.businessinsider.com time to read: +11 min

Harris opens up new potential paths to victorySince entering the race, Harris has shown momentum in early polling. This became worrisome for the Biden campaign as warning signs flashed in states like Virginia and New Hampshire. The positive early polling is a great sign for the vice president, but it isn't the only metric that shows momentum. Trump's pick for vice president makes things interestingVice presidential picks are far from guaranteed to help a presidential hopeful win a state. With Biden out of the race, Democrats will likely seek to tie the election — anchored by Harris' candidacy — to the party's future.

Persons: —, Kamala Harris, Donald Trump, Lyndon B, Johnson, Joe Biden's, Biden, Biden's, Trump, Harris, isn't, Sen, JD Vance, MAGA, Joe Biden, hto4J6PkOw —, Harry Enten, Harris —, Al Gore, George W, Vance, Ohio Sen, Win McNamee, Doug Emhoff, Mike Pence, John McCain of, Jim Vondruska, Mark Kelly of Arizona, Josh Shapiro, Tim Walz, Andy Beshear, Roy Cooper of, JB Pritzker, Gretchen Whitmer, Pete Buttigieg, Cedric Richmond of, Kelly, Shapiro, Walz Organizations: Service, The United, Democratic, Business, Democrats, Republican National Convention, Democratic National Convention, GOP, New York Times, Trump, Biden, Harris, CNN, Electoral, NV, Omaha -, Black, Anselm College, Convention, Ohio, Ohio Republican, Senate, Ohio Republicans, White, Getty, Pennsylvania, Bloomberg, Illinois, Navy Locations: The United States, Vietnam, Harris, Chicago, Ohio, Siena, Michigan , Wisconsin, Pennsylvania, Omaha, Nebraska, Virginia, New Hampshire, Minnesota, New Mexico, North Carolina, Georgia, John McCain of Arizona, Michigan, Kentucky, Roy Cooper of North Carolina, Cedric Richmond of Louisiana, Arizona, Wisconsin

☆ Why Elon Musk Is Supporting Donald Trump: to Save Tesla From Disaster
▼ + stars: | 2024-07-28 | by ( Linette Lopez | ) www.businessinsider.com time to read: +11 min

As market competition heated up, Tesla started cutting prices, which turned into an industrywide price war that Tesla isn't winning. It's a steep fall, considering Tesla's share of the EV market used to be as high as 80%. Critics balked, but Musk assured the Tesla community that this was the only strategy to save the company. Musk is looking for ways to buy time for Tesla — and one of those ways is to get Trump elected. Preserving Tesla's market position is imperative until he can conjure another product that people are excited to buy.

Persons: Elon Musk, Donald Trump —, Tesla, Trump, Joe Biden's, Kelley Blue, Musk, Ford, —, Critics, shouldn't, ZEV, Steve Granitz, Vaibhav Taneja, China's, Elon — Organizations: Elon, Trump, Tesla, White, EV, GM, Getty Images Trump, PAC Locations: China, USA, Shanghai

☆ It's time to fix your calendar so you can get more done and be happier
▼ + stars: | 2024-07-28 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

There's a good chance the calendar you might have scrubbed clean months ago is again overgrown with meetings. Data from the calendar management company Clockwise shows that time in meetings tends to go up as the year rolls on. Tidying up your calendar can boost your productivity and overall well-being — plus, it can save your employer a boatload of money. Inside many organizations, workers' time has become compromised, Martin said. Advertisement"There's always something on there — like the meeting that's been rescheduled four times.

Persons: —, Matt Martin, Martin, It's, Nir Eyal, Eyal, Jeff Bezos, Jensen Huang, Laura Vanderkam, that's, Vanderkam, Ron Hetrick, Jensen Huang — Organizations: Service, Business, Nvidia, Netflix, Uber Locations: Asana

☆ Melinda French Gates weighs in on the generosity of billionaires like Elon Musk and Peter Thiel: 'I would not call those men philanthropists'
▼ + stars: | 2024-07-28 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

Read previewMelinda French Gates says the new generation of billionaires, like Elon Musk and Peter Thiel, these days primarily use their "megaphones" instead of their bank accounts to effect change. "Well, the people you just named have not been very philanthropic yet," French Gates replied. French Gates has since endorsed Vice President Kamala Harris, who became the likely Democratic nominee after Biden left the race earlier this month. In her endorsement of Harris, French Gates emphasized the need for a leader who will advocate for abortion rights. Asked to elaborate, French Gates said she thinks tech CEOs frequently give advice on things with which they are not experts.

Persons: —, Melinda French Gates, Elon Musk, Peter Thiel, Gates, Jack Dorsey, Bill Ackman, Bill Gates, Joe Biden, Kamala Harris, Biden, Harris, Roe, Wade Organizations: Service, The New York Times, Tesla, Twitter, PayPal, Business, Gates Foundation, Democratic, Times Locations: United States

☆ Elon Musk says he's not giving Trump $45 million. But that it was even a possibility underscores democracy's biggest problem: money.
▼ + stars: | 2024-07-28 | by ( Katie Balevic | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewCould $45 million a month be enough to help push a controversial presidential candidate back into the White House? "There are also Democratic super PACs and Democratic mega-donors, and those donors have been very involved recently." Moreover, the existing rules governing contact between super PACs and candidates are "incredibly porous" and "go largely unenforced," Weiner said. Democrats have twice introduced the Freedom to Vote Act, which would have included campaign finance reforms and was widely considered pro-voter.

Persons: —, Elon Musk, Donald Trump, Musk, Daniel Weiner, Brennan, Weiner, Barack Obama, Obama, Peter Thiel, JD Vance's Organizations: Service, Business, Democratic, Citizens, Republicans Locations: United States

☆ I got my master's degree and have 5 freelance gigs, but I still can't make ends meet. I rely on my parents for financial support.
▼ + stars: | 2024-07-27 | by ( Averee Nelson | ) www.businessinsider.com time to read: +4 min

But I was shocked when I was met with judgment for still being on my dad's phone plan. Each sales associate jokingly asked if I was on my family's phone plan, and I sheepishly admitted I was. So, they're happy to help me by letting me stay on the family phone plan and sharing their streaming services with me. Related storiesMany of my friends moved back in with their parents after college to save money, and I've debated doing the same thing. I'm grateful that my family is so supportive, and just knowing that makes me work harder to meet my goals.

Persons: I've, sheepishly, we'd, It's, I'm, it's Organizations: Service, Columbia Journalism School, Pew Research Locations: New York, Manhattan

☆ U.S. union and Apple reach tentative labor agreement
▼ + stars: | 2024-07-27 | by ( ) www.cnbc.com time to read: +1 min

People line up outside the New York Apple Store on February 2, 2024, as the Vision Pro headset is released in US Apple stores. The Vision Pro, the tech giant's $3,499 headset, is its first major release since the Apple Watch nine years ago. The International Association of Machinists and Aerospace Workers (IAM) Coalition of Organized Retail Employees (IAM CORE) reached a tentative agreement with tech giant Apple on Friday over improvement in work-life balance, pay raises and job security. Workers at the Towson, Maryland, Apple retail store will vote on the tentative agreement on Aug. 6. Workers at Apple's Towson store voted in favor of authorizing a strike in May.

Organizations: York Apple, Apple, Apple Watch, International Association of Machinists, Aerospace Workers, IAM, Coalition, Retail Employees, IAM CORE, Workers, Towson, Apple's Towson, Maryland Locations: Towson , Maryland, United States

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