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☆ Trump has long threatened the media. Press freedom groups fear he might make good on it
▼ + stars: | 2024-11-07 | by ( Liam Reilly | ) edition.cnn.com time to read: +7 min

New York CNN —Press freedom groups sounded the alarm Wednesday on the potential dangers facing journalists under a second Trump administration, denouncing threats from the president-elect and his associates to undermine the news media. “On the campaign trail and during his previous administration, President-elect Donald Trump has frequently deployed violent language and threats against the media. His election to a second term in office marks a dangerous moment for American journalism and global press freedom,” Reporters Without Borders said. In the run-up to Election Day, Trump repeatedly threatened the Fourth Estate, often employing extreme and authoritarian rhetoric. In the wake of Tuesday’s election, press freedom advocates remain concerned about the longer-term implications of legal threats that journalists could face.

Persons: Trump, Donald Trump’s, “, Donald Trump, Kamala Harris, ” Clayton Weimers, Time Warner, ”, Katherine Jacobsen, “ Trump, ” Trevor Timm, Biden, it’s, We’ve, ” Jacobsen, Puck, —, ” Kyle Paoletta, Vladimir Putin, Kim Jong Un, Recep Tayyip Erdogan, Xi Jinping, Hungary’s, Viktor Orbán, ” CPJ, Kash Patel, ” “, Joe Biden, — we’re, Steve Bannon, Trump’s, . Sulzberger Organizations: New, New York CNN — Press, Protect Journalists, Press Foundation, American Sunlight, Borders, CBS, Trump, Justice Department, Time, CNN, White, Protect Journalists US, “ Lawmakers, Politico, Axios, “, Columbia, National Security Council, The New York Times Locations: New York, Pennsylvania, Canada, Caribbean, United States, strongmen, North Korean, Turkish

☆ Millennials Are Raising Pets Instead of Kids. Bad News for Dogs, Cats.
▼ + stars: | 2024-11-07 | by ( Aimee Pearcy | ) www.businessinsider.com time to read: +12 min

The generation is leading the way when it comes to pet ownership — almost a third of US pet owners are millennials. Across the board, more pet owners are splurging on their animals. In its annual surveys, the American Pet Products Association has found that pet owners have reported spending more on things like treats, food, toys, and clothing each year. While some millennial dog owners are forgoing having children, others are using dogs as training for parenthood. Dog owners can't be blamed entirely for the changing behavior.

Persons: Yena Kim, Shiba Inu, Kim, Ralph Lauren, Bodhi, Luc, Hayley Kellard, King Charles spaniel, Paddy, Kellard, they'd, we'd, —, Dogue, Michael Wang, Adriene Wong, Wang, Wong's, Wong, Dash, he'd, Lili, Mark Van Wye, they're, Van Wye, Sean Prichard, Eliza O'Callaghan, She's, she's Organizations: Bodhi, American Pet Products Association, San, Poochie, corgi, Association for, Pant, Foods Locations: Brooklyn, China, San Francisco, York City, Pompano Beach , Florida, New York City

☆ Why the CEO of a big US homebuilder is gambling on green homes
▼ + stars: | 2024-11-07 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

Beazer Homes is building "zero energy," climate-friendly homes even though they're more expensive. Challenges include higher costs, market education, and appraisal practices for green homes. The project was developed by Beazer Homes, one of the largest US homebuilders. Now Beazer has to educate customers and the broader real-estate market about the value of green homes. "Zero Energy Ready" homes feature energy-efficient appliances.

Persons: Allan Merrill, —, Beazer, Merrill, It's, Donald Trump, haven't, Catherine Boudreau, they're, Woody Fincham, there's, Andrew Pizor, hasn't, Beazer isn't Organizations: Service, Energy, Beazer Homes, US Department of, Zero, Appraisal, appraisers, National Consumer Law Center, Congress, EV Locations: Baltimore, decarbonize, Parkville , Maryland, Parkville, Charlottesville , Virginia

☆ Maccabi/Ajax: Israeli soccer fans attacked in Amsterdam, Israeli authorities say
▼ + stars: | 2024-11-07 | by ( Edward Szekeres | ) edition.cnn.com time to read: +2 min

CNN —Israeli soccer fans were attacked in a “serious incident of violence in Amsterdam” overnight into Friday, Israeli authorities said, with the government saying it was sending planes to evacuate affected citizens. Social media video shared by the embassy showed videos of what it said was violence against Maccabi fans. Israeli foreign minister Gideon Sa’ar said 10 citizens were injured and advised citizens to stay in their hotels. Maccabi fans had been in the Dutch capital ahead of Thursday night’s Europa League game against Ajax. The police also said a demonstration was planned on Thursday near the stadium ahead of the soccer match between Ajax and Maccabi Tel Aviv.

Persons: Gideon Sa’ar, ” Sa’ar, Benjamin Netanyahu, ”, “ Organizations: CNN, Israel’s Maccabi Tel Aviv soccer team, Europa League, Dutch, Ajax, Maccabi fans, Maccabi, Palestinian, Maccabi Tel Locations: Amsterdam ”, United States, ”, Maccabi Tel Aviv

☆ Evercore ISI says Trump to drive S&P 500 to 6,600 by mid-2025, gives top stocks to play new policies
▼ + stars: | 2024-11-07 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

The firm said it sees the S & P 500 soaring to 6,600 by the end of June 2025. Already, Trump's win has spurred a huge stock market rally, with the S & P 500 soaring 2.5% on Wednesday to notch its best postelection day in history. Since 1932, the S & P 500 has averaged a 152% gain over 50 months during bull runs. The strategist listed several stocks Evercore thinks could benefit from a Trump win, and some that could outperform even further from a red sweep. Trump's win "could bring more favorable regulatory environment — and WFC is one of the most regulatory-impacted names given outstanding asset cap," the firm said.

Persons: Donald Trump's, It's, Dow, Julian Emanuel, Elect Trump, Emanuel, Goldman Sachs, Evercore, Tesla, Elon Musk Organizations: ISI, Trump, GOP, Goldman, Palo Alto Networks, Israel, Exxon Mobil, Halliburton Locations: Wells, Wednesday's, Wells Fargo, China, Israel, Russia, Ukraine, cyberattacks

☆ Playing some oil and gas stocks that could get a Trump boost using options
▼ + stars: | 2024-11-07 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

Traditionally Republicans have been more significant friends of the oil and gas industry. Increasing domestic oil production would theoretically achieve several goals for the new administration: increase domestic economic activity and employment, increase domestic energy security, and lower oil and gas prices. Interestingly, oil and gas production in the United States right now, the world's largest producer, has never been higher, and oil and gas prices, while well above pre-COVID levels, have stabilized. The incoming Trump administration will likely reduce federal regulations on drilling, pipeline development, and environmental protections that limit the expansion of oil and gas projects. This infrastructure investment benefits the oil services industry by enabling more accessible transport and new development projects, which Biden canceled.

Persons: Trump, Kamala Harris's, Biden, YTD We'll Organizations: Republicans, Trump, Keystone XL, Dakota, Schlumberger, Schlumberger Ltd, HAL, CNBC, NBC UNIVERSAL Locations: Pennsylvania, United States, North, Halliburton, North America

☆ Peter Thiel's 'contrarian' election prediction came true
▼ + stars: | 2024-11-07 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Peter Thiel made a "contrarian" prediction that the election wouldn't be close. Thiel has a history of making contrarian bets in his investments and business ventures. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementIn September, conservative tech billionaire Peter Thiel made what he acknowledged was an unusual prediction about the 2024 election. My one contrarian view on the election is that it's not going to be close," Thiel said in September at an appearance at the All In Summit in Los Angeles.

Persons: Peter Thiel, Thiel, —, it's, aren't, Kamala Harris, Donald Trump, Kamala, Trump, Sen, JD Vance, Blake Masters — Thiel, Elon Musk Organizations: Trump, Service, PayPal, Trump voters, Democratic, Republican Locations: Los Angeles, Ohio, Trump

☆ Harris couldn't escape Biden's unpopularity
▼ + stars: | 2024-11-07 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +7 min

Kamala Harris' advisors said she struggled to dig herself out of a hole. Related Video Can Kamala Harris win over Democrats after Joe Biden drops out of 2024 presidential election? Throughout the 2024 race, Trump posted some of his highest approval numbers since he launched his first presidential run in 2015. AdvertisementEvan Roth Smith, the lead pollster at BluePrint, said there's no doubt that Biden's unpopularity impacted Harris. The Trump campaign didn't forget."

Persons: Kamala Harris, Joe Biden, Harris, —, Doug Sosnik, Bill Clinton, Biden, Trump, Obama, David Plouffe, Harris's, Kamala, AWwpZQHhVo — Alex Thompson, Evan Roth Smith, Kamala Harris's, Roth Smith, would've, Rishi Sunak, George H.W, Bush, Ryan Ryan Williams, Mitt Romney's Organizations: Service, Democratic, CNN, Biden, British, Conservative Party, Democratic Party, New, Trump, GOP, Voters Locations: United States, South Korea, Germany, Iowa, New Hampshire

☆ International airlines are all-in on fancy first-class seats, even as US carriers focus only on business for long-haul flights
▼ + stars: | 2024-11-07 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

They deemed business class more lucrative for long-haul flights. While these carriers still have business class, true first class remains a money-maker despite taking up the least amount of cabin real estate. Air France, Swiss International Air Lines, and Lufthansa are also in the mix, among others. "Air France is committed to having this super premium first-class product because it's Air France," Funk said. Advertisement"You're not going to have William and Kate fly business class alongside 85 other people," she said.

Persons: —, Badr Mohammed Al Meer, Tiffany Funk, Funk, Kate Organizations: Service, Air Lines, United Airlines, American Airlines, Qatar Airways, CNBC, Singapore Airlines, Air, Swiss International Air Lines, Lufthansa, monied Fortune, Google, US, Funk, British Airways, Getty Images Airlines, it's Air, Qantas, Qantas Media Locations: Europe, Asia, Air France, Swiss, monied, Singapore, Emirates, France, Australia, New York, London

☆ In leaked internal meeting, Amazon retail chief says sales of cheaper items are surging
▼ + stars: | 2024-11-07 | by ( Eugene Kim | ) www.businessinsider.com time to read: +5 min

Amazon's sales of cheap items are surging, driven by faster delivery speeds, executive says. Over 50% of those everyday essentials are now delivered on the same or next day, he added. "And these are especially the low-priced everyday essentials, the things that most households purchase every week." The goal has been to not only speed up deliveries, but also make it less expensive for the company to offer faster delivery. 'Real positive'During last month's analyst call, Jassy added that the growth of cheaper items is a "real positive" because it is predicated on faster delivery speeds.

Persons: —, Doug Herrington, Herrington, Amazon's, Andy Jassy, Jassy, Brian Olsavsky, Mark Mahaney, Mahaney Organizations: Service, Business, Reuters, Amazon, HH

☆ Wall Street's most famous floor trader recounts election euphoria at the NYSE and explains how to trade an incredibly bullish fourth quarter
▼ + stars: | 2024-11-07 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

Upcoming Fed rate cut and holiday season may sustain market momentum, Tuchman predicts. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Markets reacted strongly to former President Donald Trump's victory over Vice President Kamala Harris in Tuesday's election. He then realized that the strong trend could be held up by more than just election results.

Persons: Tuchman, —, Peter Tuchman, who's, Donald Trump's, Kamala Harris, Dow Jones, you've, Tuchman didn't, that's, there's Organizations: Dow, Service, New York Stock Exchange, Markets, AMD, Nvidia Locations: Tuesday's, Santa Claus

Democrats called for a full party reckoning on Wednesday, as they attempted to pick up the pieces of their shattered organization a day after Vice President Kamala Harris’ loss to former President Donald Trump. Sen. Bernie Sanders, I-Vt., put out a statement blasting "big money interests and well-paid consultants who control the Democratic Party." "It should come as no great surprise that a Democratic Party which has abandoned working class people would find that the working class has abandoned them," he said Wednesday. Brendan Smialowski / AFP via Getty Images“People needed to pick who was going to go after him,” the Harris ally said of prosecutors and Democrats. One Harris aide called for more diversity among decision-makers, pointing to a far too-white leadership makeup of Harris’ campaign and Biden’s former campaign.

Persons: Kamala Harris ’, Donald Trump, Joe Biden’s, It’s, ”, Nikki Budzinski, Sen, Bernie Sanders, Biden, Harris, Obama, “, impeaching, Brendan Smialowski, can’t, That’s, Trump, They’ve, Jen O’Malley Dillon, O’Malley Dillon, weren’t, prepping Harris, ‘, ’ ”, O'Malley Dillon, Harris ’, Sheila Nix, Julie Chavez Rodriguez, Cedric Richmond, Vermont Sen, Peter Welch, —, Welch, James Carville, Josh Shapiro, Gretchen Whitmer, JB Pritzker, Adam Jentleson, we’ve, what’s, ” Wade Randlett, “ Trump, Joe Biden, Joe, We’ve Organizations: Republicans, Trump, Illinois Democrat, Democratic Party, Democratic, Biden, Howard University, Wednesday, Getty, Democrat, Keystone Pipeline, America, Longtime, longtime Democratic Locations: Illinois, Trump, AFP, Vermont, Pennsylvania, Michigan, California

Harris offered to console Democrats over the loss to former President Donald Trump, acknowledging they were "feeling and experiencing a range of emotions right now." Trump never did when he lost to President Joe Biden and Harris in 2020. After Biden dropped out and endorsed Harris, Democrats reveled in the change, flooding donation channels and crushing fundraising records. The Biden campaign was skidding off course, setting off an eruption of party panic. Memorably, Harris offered a stinging rebuttal to Trump’s insistence on the debate stage that he had won the 2020 election.

Persons: Kamala Harris, Harris, Donald Trump, Trump, Joe Biden, Biden, MAGA, —, reveled, Roe, Wade, Hillary Clinton’s, “, ” Harris, Donald J, Shuran Huang, Nancy Pelosi, Harris ’, Oprah, Bruce Springsteen, John Legend, “ Donald Trump Organizations: mater Howard University, Wednesday, Democratic, Trump, Republicans, Republican Party, Republican, Democrats, Biden, Trump —, NBC News, White, U.S . Capitol, “, Service, Democratic National Convention Locations: U.S, California, America, Washington, “ America, United States of America, United States, Butler , Pennsylvania, Chicago, Iowa, Ohio

To lower housing costs, Trump has said he would allow homes to be built on federally protected land, something that could help increase the supply of homes in places like Nevada and Arizona. TaxesTrump has proposed a number of tax cuts, including a complete elimination of the federal income tax. Those cuts lowered the corporate tax rate to 21% from 35%, reduced individual income tax rates, and increased the standard deduction. That could create havoc for workers and consumers and reduce the amount of income taxes the federal government brings in. About 40% of Social Security recipients pay federal income taxes, typically because they have other sources of income that raise them above a certain threshold where they are required to pay income tax, according to the Social Security Administration.

Persons: Donald Trump, Trump, —, ” Trump, “, Decker, Matt Priest, ”, Priest, It’s, He’s, hasn’t, Immigration Trump, Jim Tobin, Trump’s Organizations: Trump, Chicago Economic, Companies, National Bureau of Economic Research, Footwear Distributors, Retailers, U.S, Federal Reserve, Immigration, Business, Pew Research Center, NBC News, National Association of Home Builders, NBC, University of New, University of Pennsylvania, Social Security, Social, Social Security Administration Locations: U.S, China, Nevada, Arizona, Alaska, Saudi Arabia, Russia, University of New Hampshire

Los Angeles County District Attorney George Gascón, who ascended to office vowing sweeping reforms to the criminal justice system and then faced intense criticism over public safety issues, lost his bid for re-election, The Associated Press projected. In office, Gascón quickly got to work implementing his reformist agenda. San Francisco District Attorney Chesa Boudin was recalled from office in 2022 after his critics assailed him as a soft-on-crime progressive. He then was the assistant attorney general for the U.S. Justice Department’s tax division under former President George W. Bush. Gascón, 70, previously was San Francisco attorney general — a job once held by Vice President Kamala Harris before she won the state attorney general’s office.

Persons: George Gascón, Gascón, Nathan Hochman, Erik, Lyle Menendez, George Floyd, Jeff Gritchen, Chesa Boudin, Hochman, “, ” Hochman, people’s, —, ” Gascón, George W, Bush, Kamala Harris Organizations: Angeles, Associated Press, Netflix, MediaNews, Getty, California . San, Hochman, Republican, Central, Central District of, U.S . Justice Locations: Angeles County, Minneapolis, Boston, Chicago, Philadelphia, Buena Park, Calif, California, California . San Francisco, Angeles, County, Gascón, U.S, Central District, Central District of California, Francisco, Los Angeles, Mesa , Arizona, San Francisco

Supporters watch results come in at Howard University on Tuesday night. “You will hear from her tomorrow.”Campaign co-chair Cedric Richmond addresses the gathering at Howard University. The Howard University Gospel Choir performed “Lift Every Voice and Sing” and “Oh, Happy Day” for a worship element early in the night. Attendees at the Harris election night event at Howard University earlier in the evening. “I’m honored to be a student at Howard University at this time.

Persons: Kamala Harris, Harris, Republican Donald Trump, Brandon Bell, “, ”, Ben Eddins, Cedric Richmond, ” Richmond, Shuran Huang, Tiara Martin, Barack Obama, Martin, ” Harris, Wayne A.I, Frederick, Yolanda Robinson, Howard, Trump, specter, Jabari Robinson, Angela Weiss, I’m, ” Robinson, “ I’m, ” Renae Martin, She’s, it’s, Sandra Fields, we’re Organizations: WASHINGTON, Howard University, Republican, Howard, NBC News, Howard University Gospel Choir, NBC News University, Trump, NBC, Getty Locations: United States, Philadelphia, North Carolina, Georgia

GOP Sen. Ted Cruz of Texas is headed back to Washington after he turned back a challenge from Democratic Rep. Colin Allred, NBC News projects. Cruz was boosted by gains he made among Latino voters in the Lone Star state, according to NBC News exit polls. Cruz, 53, fought back, seeking in the final weeks of the campaign to paint Allred as wanting to allow boys to play in girls sports. In the end, Allred’s campaign spent more than $50 million on ads in the race, just between Labor Day and Election Day, according to AdImpact. Cruz’s campaign spent $26 million in that time, with an additional $23 million spent by the Truth and Courage PAC, a group backing Cruz.

Persons: Sen, Ted Cruz of, Colin Allred, Cruz, Allred, Kamala Harris, “ dos, ”, Mitch McConnell, Matthew Bartlett, “ He’s, ” Bartlett, Harris Organizations: Democratic Rep, NBC, Lone Star, Labor, Courage PAC, GOP, Fund, Republican, Trump, Democrat Locations: Ted Cruz of Texas, Washington, Cancun, Cruz, “ Texas, Texas

☆ Hollywood goes conservative as an economic shift fuels a turn toward faith and family-based shows
▼ + stars: | 2024-11-06 | by ( Lucia Moses | ) www.businessinsider.com time to read: +10 min

After playing to the coasts, Hollywood is leaning toward faith and family-based shows and films. The Prime Video series will be the first to come out of Amazon's deal with The Wonder Project, a Christian-focused production company, for faith-based films and TV shows. After playing to the coasts with shows that embraced progressive themes, Hollywood is leaning into broadly appealing fare. That shift has included a combination of undeniably faith-based, conservative-themed, and family-aimed entertainment, agents, producers, and industry experts say. "Conservative, faith-based, family, is not a bad place to look," Thompson said.

Persons: —, David, Vernon Sanders, Jennifer Salke, Nick Barnes, UTA's, Kevin Costner, Bob Iger, Tyler Perry, DeVon Franklin, Ruth, Boaz, Mary, Anthony Hopkins, Tim McGraw, Jim Caviezel, Jesus, Dallas Jenkins, Jon Erwin, UTA's Barnes, Jesus of Nazareth, Angel, Robert Thompson, Thompson, Hilary Swank, Jamie McCarthy, That's, Jason Blum, Taylor Sheridan, Barnes Organizations: Netflix, Service, Amazon MGM Studios, Paramount, Heartland, Disney, Angel, Angel Studios, Wonder, Networks, Cable, Syracuse University's Newhouse School of Public Communications, Center for Television, Popular, Conservative, York, Kingdom, Co, Lionsgate, UTA, Ampere Locations: Hollywood, UTA's Nashville, Los Angeles, American, California, America, Yellowstone, Georgia , Texas, Tennessee

West Palm Beach, Florida CNN —Donald Trump began his political comeback when many in his own party wanted him to go away. A lineup of former allies, including Trump’s first vice president, Mike Pence; ex-political protege Florida Gov. Trump’s political team seized on their change in fortune, selling T-shirts with his mug shot and consolidating support throughout the country. Trump’s campaign had made substantial gains among every demographic his campaign set out to find new votes. “They came from all quarters: Union, nonunion, African American, Hispanic American, Asian American, Arab American, Muslim American,” Trump said in his victory remarks.

Persons: Palm Beach , Florida CNN — Donald Trump, underwhelmed, Trump, “, ” Trump, Jill Stein, ”, Brian Hughes, Susie Wiles, Chris LaCivita, Trump’s, Susie, Chris, Joe Biden, Rather, Kamala Harris, Mike Pence, Ron DeSantis, Nikki Haley, —, Wiles, Palm Beach . Wiles, Haley, Joe Rogan —, Alex Bruesewitz, Barron, Biden, Ronna McDaniel, McDaniel, James Blair, “ We’re, Charlie Kirk, Elon Musk, Musk, Kirk, CNN’s David Wright Organizations: Palm Beach , Florida CNN, White, Sun, Republican, Detroit, Green, Democratic, Republican Jewish Coalition, Electoral, Republican Party, GOP, Gov, United, Nazi, Mar, Michigan autoworkers, Social Security, CNN, RNC, Trump, America PAC, Musk’s, Madison Locations: Palm Beach , Florida, Palm Beach, Midwest, Israel, Florida, Trump, American, Iowa, Vermont, Washington, DC, Michigan, Bronx, Nevada, Philadelphia, Arizona, Puerto Rico, Arab

☆ The world prepares for a fresh era of tariffs under Trump 2.0
▼ + stars: | 2024-11-06 | by ( Polly Thompson | ) www.businessinsider.com time to read: +7 min

During his first term, Trump imposed tariffs on key industries in both Europe and China. AdvertisementThis time around, analysts told BI that Trump's policies could have a particular impact on Europe. Related storiesEurope is particularly vulnerable to Trump's aggressive trade policies for two main reasons, said Nigel Green, CEO of financial advisory firm deVere Group. AdvertisementDonald Trump met European Commission President Ursula von der Leyen at the World Economic Forum in Davos in 2020. Steven Kennedy, the most senior civil servant in Australia's Treasury department, said Wednesday he expected Trump's tariffs to impact the country's economy.

Persons: Donald Trump's, Trump, —, Donald Trump, Bilal Hafeez, Nigel Green, Green, Morningstar, Trump's, Michael Brown, Ursula von der Leyen, JIM WATSON, Steven Kennedy, Kennedy, Fitch, Latinvex Organizations: Service, European Union, Macro, Economic, of Chicago, Street Journal, deVere, Pharmaceuticals, Morningstar DBRS, Trump, stoke, European, Getty, European Commission, Treasury, News.com.au Locations: Europe, China, Ukraine, Davos, Australasia, Latin America, America, Mexico

☆ Neft Daşları: The Soviet-era oil rig city ‘floating’ in the Caspian Sea
▼ + stars: | 2024-11-06 | by ( Laura Paddison | ) edition.cnn.com time to read: +7 min

He kept hearing about this secretive city, sprawled like floating, rusting tentacles across the Caspian Sea, far from the nearest shoreline. Oil production on Neft Daşları in 2011. Gahramanli’s organization has been raising concerns about pollution from Neft Daşları for years, including reports of untreated wastewater being pumped into the Caspian Sea. Neft Daşları oil rig and industrial settlement in the Caspian Sea on September 6, 2023. “After its oil supplies run out, Neft Daşları will probably become a tourism magnet,” Shaffer said.

Persons: Marc Wolfensberger, Neft Daşları, ”, CNN Neft, Wolfensberger, Mirvari Gahramanli, ” Gahramanli, Daşları, Maxim Shipenkov, Brenda Shaffer, Gahramanli, SOCAR, derrick, Neft, ” Shaffer, “ It’s, “ Organizations: CNN, Oil, CNN Seven, Oil - Workers Rights Protection Organization, US Naval Postgraduate School, Facebook, United Nations, Global Locations: It’s, Azerbaijan’s, Baku, Soviet, Azerbaijan, Caspian

☆ These 2 stocks beat the S&P 500 in election Novembers no matter who won
▼ + stars: | 2024-11-06 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Two stocks have outperformed the S & P 500 every November when elections have been held over the past three decades — regardless of the outcome, according to a CNBC Pro study. Electrical and industrials giant Eaton Corporation and Sweden's second-largest lender, Svenska Handelsbanken , are the two stocks that beat the U.S. benchmark in November every election year. CNBC Pro screened for stocks currently in the MSCI World Index that gained more than the S & P 500 — or lost less than the index — in November of every election year since 1988. Every time is different Historical performance is never a guarantee of future performance, and stocks often move for idiosyncratic reasons. This year, for instance, the Federal Reserve is expected to announce a decision on interest rates on Thursday, which could also influence the trajectory of stocks.

Persons: Brett Linzey, Mizuho, Eaton, Arctic's Roy Tilley, Henry Allen, Pfizer's, Barack Obama, Allen Organizations: CNBC, Eaton Corporation, Svenska, CNBC Pro, Eaton Corp, Mizuho, Svenska Handelsbanken, Arctic Securities, Federal Reserve, Deutsche Locations: U.S, Industrials, Sweden, Greece, Europe

☆ Jim Cramer's top 10 things to watch in the stock market Wednesday: Trump victory edition
▼ + stars: | 2024-11-06 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Donald Trump, Tesla, Elon Musk, Trump, Gary Gensler, Jim Cramer's, Jim Cramer, Jim Organizations: NBC, Senate, Treasury, Federal Reserve, Trump, Tesla, Club, Justice Department, Apple, DOJ, FTC, Microsoft, Taiwan Semiconductor Manufacturing Company, SEC, Jim Cramer's Charitable, CNBC Locations: China, Taiwan, Mexico

☆ Europe praises Trump's victory amid wider fears of an impending economic nightmare
▼ + stars: | 2024-11-06 | by ( Silvia Amaro | ) www.cnbc.com time to read: +3 min

Some European officials woke up to election results on Wednesday "not wanting to believe" them, several sources told CNBC. Many European leaders did not enjoy Trump's style of confrontational leadership during his first presidency, and there were several moments of tension with the former White House leader. As a result, many in Brussels celebrated the victory of Joe Biden in 2020, hoping for a better engagement. watch nowA second EU source, who also did not want to be named because of the sensitivity of the relationship, said: "It is not great, again." Any additional tariffs could further pressure the already moribund economic growth levels across the EU.

Persons: Donald Trump, Emmanuel Macron, Kamala Harris, Joe Biden, Ursula von der Leyen, Pedro Sanchez, Giorgia Meloni, Viktor Orban, Trump Organizations: USA, NurPhoto, Getty, Democratic, White, Trump, CNBC, EU, Thursday, Spanish, Hungary's, European Union, U.S, European Commission, Political Locations: France, Biarritz, Brussels, EU, Italian, Hungarian, Budapest, United States, Ukraine

☆ Americans are probably getting another interest rate cut 2 days after the election
▼ + stars: | 2024-11-06 | by ( Ayelet Sheffey | Madison Hoff | ) www.businessinsider.com time to read: +6 min

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 Wednesday afternoon. "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. AdvertisementWhat are your financial plans if the Fed makes another rate cut?

Persons: —, Donald Trump, Trump, Jerome Powell, Powell, Helene, Milton, Cory Stahle, Julia Pollak, Greg McBride Organizations: Federal, Service, FedWatch, Boeing, BLS, Federal Reserve, PCE, Fed, asheffey

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