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☆ 5 things not to say to a grieving friend
▼ + stars: | 2024-10-12 | by ( Alisyn Camerota | ) edition.cnn.com time to read: +7 min

CNN —It’s almost impossible to know what to say to someone in the throes of grief. There’s no one right answer, of course. Still, trading notes with a few grieving people, including my own children, I’ve found some helpful do’s and five unexpected don’ts. It goes something like this: Some things in life are glorious, and some things suck. Remember, it’s OK to say you don’t know what to say.

Persons: CNN —, I’ve, You’d, Alisyn Camerota, Tim Lewis, ’ I’ve, doesn’t, we’d, King ”, Mufasa, we’re, “, I’d, ” Organizations: CNN

Fed rate cuts are likely to help push bitcoin and other risk assets higher, but some stablecoin issuers could suffer a hit to their revenue. Tether (USDT) and USD Coin (USDC) dominate the market, making up 70% and 21%, respectively, according to CryptoQuant. "As rates begin to fall, that has a giant impact on their [profit and loss] and their bottom line." Stablecoins – cryptocurrencies that promise a fixed value peg to another asset, usually the U.S. dollar – are widely seen as crypto's killer app. Jeremy Allaire, CEO of USDC issuer Circle, told CNBC lower interest rates are "a very good thing" for the company because lower interest rates will likely increase investment and economic activity – which would benefit the company.

Persons: Bernstein, Kevin Lehtiniitty, they're, Wainwright, Kevin Dede, Jeremy Allaire, Allaire Organizations: U.S ., CNBC

Trump’s re-election campaign has excoriated the project, calling it “pure malicious defamation” and “garbage,” and sent the producers a cease-and-desist letter. Vanity Fair journalist Gabriel Sherman, who wrote the screenplay, draws a direct line between Cohn’s bare-knuckle tactics and Trump’s modern-day political persona. In one graphic scene, the dramatized Trump character sexually assaults his first wife, Ivana Trump (played by Maria Bakalova), after a bitter argument. In another notable sequence, Trump’s character goes under the knife for scalp reduction surgery and a liposuction procedure. “You might find some of these character questions you have about Trump answered,” Abbasi said.

Persons: Donald Trump, Trump’s, Ali Abbasi, Abbasi, “, ”, McCarthy, Roy Cohn, Trump, Gabriel Sherman, Cohn, Jeremy Strong, Sebastian Stan, ” Abbasi, Sherman, Fred, Ivana Trump, Maria Bakalova, ” Pief, Steven Cheung, doesn’t, ” Cheung, Tom Ortenberg, ’, ” Ortenberg, Kevin Smith’s, Bill Maher’s “, Oliver Stone’s “, George W, Bush, Briarcliff, Jamal Khashoggi, Ortenberg, It’s Organizations: Cannes Film, Republican, New York, Manhattan, Vanity, NBC, Trump, Hollywood, Briarcliff Entertainment, Catholic League, Washington Post, Saudi, Variety Locations: Hollywood, American, Tehran, Copenhagen, “, New York City, Saudi Arabian, Istanbul

☆ People overestimate technological change in the short term, says VC
▼ + stars: | 2024-10-11 | 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 EmailPeople overestimate technological change in the short term, says VCMitchell Green, founder of Lead Edge Capital, joins Squawk Box Europe to discuss how software companies will be changed by AI.

Persons: Mitchell Green Organizations: Lead Edge

☆ The insurance sector escaped the 'worst case scenario' with Hurricane Milton: Jefferies' Yaron Kinar
▼ + stars: | 2024-10-11 | 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 EmailThe insurance sector escaped the 'worst case scenario' with Hurricane Milton: Jefferies' Yaron KinarYaron Kinar, Jefferies equity research analyst, joins 'Squawk Box' to discuss Hurricane Milton's impact on the insurance sector, investing in the insurance industry, and more.

Persons: Jefferies, Kinar Organizations: Hurricane Milton, Jefferies

☆ French budget surprises with focus on tax hikes as analysts warn of ratings downgrades
▼ + stars: | 2024-10-11 | by ( Jenni Reid | ) www.cnbc.com time to read: +5 min

watch nowFrance's newly-installed government on Thursday presented a draft budget containing 60 billion euros ($65.6 billion) in tax hikes and spending cuts, as analysts warned the package may not be enough to stave off ratings downgrades for the economy. The 2025 budget features a greater focus on tax-raising measures than some were expecting. "The problem is when you have to find 60 billion, we have never found 60 billion in one year, it would be unprecedented, and that's why it's not very credible to find so huge an amount, especially with only a very fragile relative majority." Tax focusThe policy mix underpinning the 2025 budget is "less skewed towards spending cuts and more geared towards tax increases than we anticipated," analysts at Goldman Sachs said in a note Friday. French Minister for the Economy, Finance and Industry Antoine Armand arrives at the Elysee presidential palace to attend the weekly cabinet meeting, during which France's 2025 budget was presented, on October 10, 2024 in Paris.

Persons: Camatte, CNBC's, Michel Barnier, Barnier, Goldman Sachs, Industry Antoine Armand, Ludovic Marin, Erik, Jan van Harn Organizations: Union, Goldman, Economy, Finance, Industry, Afp, Getty, CNBC, Rabobank Locations: France, Belgium, Natixis, Paris, Europe

☆ Investors should take China ‘very seriously,’ fund manager says, naming a stock to start with
▼ + stars: | 2024-10-11 | by ( Nicole Teo | ) www.cnbc.com time to read: +4 min

With all eyes on China right now, one fund manager is bullish on the country regardless of any "bazooka" stimulus measures, saying investors should be getting involved. Starting on Sept. 24, China announced a string of stimulus measures aimed at boosting China's economy . Stephen Roach, for example, former chief economist at Morgan Stanley, warned investors against being too swept up in the China market rally . 'Starting point' For those looking to invest in China, Glass said a good "starting point" was Midea Group , which makes appliances and industrial robots. Analysts' average price target is 4.49 Hong Kong dollars, which gives the stock almost 30% potential downside from its current price around 6.40 Hong Kong dollars.

Persons: Steven Glass, Glass, hasn't, CNBC's, Stephen Roach, Morgan Stanley, Midea Organizations: Sydney, Pella Funds, Investors, National Development, CSI, HSBC, Generations Fund, Midea Group, China Equity, Hong, Garden Services Holdings Locations: China, Pella, Hong Kong, Shenzhen, U.S, Hong

☆ AI thinks there's a greater chance of the Fed pausing than the market does, says Doug Clinton
▼ + stars: | 2024-10-11 | 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 EmailAI thinks there's a greater chance of the Fed pausing than the market does, says Doug ClintonDoug Clinton, Intelligent Alpha founder and CEO, joins 'Squawk Box' to discuss how his firm is using AI to determine investment strategies, what data goes into the AI model, avoiding human bias, and more.

Persons: Doug Clinton Doug Clinton Organizations: Intelligent Alpha

☆ Investors should buy the dip on any potential year-end corrections, says Christian Mueller-Glissmann
▼ + stars: | 2024-10-11 | 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 EmailInvestors should buy the dip on any potential year-end corrections, says Christian Mueller-GlissmannChristian Mueller-Glissmann, Goldman Sachs head of asset allocation research, joins 'Squawk Box' to discuss the latest market trends, why he believes market risks may drive a correction into the end of the year, whether investors should buy the dip, and more.

Persons: Christian Mueller, Glissmann Christian Mueller, Glissmann, Goldman Sachs

☆ New York City is 'managing' despite federal probes facing the mayor, says Kathy Wylde
▼ + stars: | 2024-10-11 | 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 EmailNew York City is 'managing' despite federal probes facing the mayor, says Kathy WyldeKathy Wylde, Partnership for New York City president and CEO, joins 'Squawk Box' to discuss the federal probes facing New York City Mayor Eric Adams, the potential impact on the city's business community, and more.

Persons: Kathy Wylde Kathy Wylde, Eric Adams Organizations: New, Partnership, New York City Locations: New York

☆ What we know about 'The Princess Diaries 3' as Chris Pine says he knows nothing about the long-awaited sequel, despite fans wanting him recast
▼ + stars: | 2024-10-11 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

Chris Pine, who starred in "The Princess Diaries 2," said he doesn't know anything about the third film. Advertisement"The Princess Diaries 2: Royal Engagement" actor Chris Pine said doesn't know anything about the movie's sequel, "The Princess Diaries 3." "The Princess Diaries" sees Princess Mia Thermopolis (Anne Hathaway) learn that her late father was the prince of a fictional European country, Genovia. Chris Pine doesn't know anything about "The Princess Diaries 3." The sequel doesn't have a release date: it is still in development and filming is yet to start.

Persons: Anne Hathaway, She'll, Queen Mia Thermopolis, Chris Pine, —, Mia Thermopolis, Clarisse Renaldi, Julie Andrews, Hathaway, Angela Weiss, Adele Lim, Thermopolis, Devereaux, doesn't, Viscount Mabrey, John Rhys, Davies, Chris Pine doesn’t, Prince Consort, Amelia Mignonette Thermopolis, of Genovia, sN2MmHh4qd, — ✨ Bailey, Jenna, Pine, Bob Iger, he'd Organizations: Service, Getty, Disney, Pictures, Hoda Locations: Genovia, European

☆ Inflation reports from this week should allow the Fed to stay on track with rate cuts
▼ + stars: | 2024-10-11 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

Investors who fear stubborn inflation, if not an outright rebound, got a bit of a salve on Friday morning. Wholesale prices showed no change month over month for September, coming in below expectations. The producer price index report may help offset some of the slight concerns about Thursday's consumer price index report, which was a bit hotter than expected. The personal consumption expenditures price index for September will be released on Oct. 31. "We think the Fed is really still on track to cut 25 [basis points] at each of the next two meetings," Seif added.

Persons: David Seif, Seif, Wells Organizations: Nomura Securities, Fed, PPI, Traders, JPMorgan Chase, BNY Mellon Locations: Wells Fargo

☆ Nvidia CEO Jensen Huang makes surprise appearance on Squawk Box set
▼ + stars: | 2024-10-11 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia CEO Jensen Huang makes surprise appearance on Squawk Box setNvidia CEO Jensen Huang stops by the Squawk Box set at the Nadsaq MarketSite in Times Square.

Persons: Jensen Huang

☆ Investing in infrastructure: Economic impact of hurricanes
▼ + stars: | 2024-10-11 | 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 EmailInvesting in infrastructure: Economic impact of hurricanesSadek Wahba, I Squared Capital founder and chairman, joins 'Squawk Box' to discuss the economic toll of hurricanes, investing in America's infrastructure, and more.

Persons: Sadek Organizations: Squared Capital

☆ 'Piece by Piece' Pharrell Williams Biopic Reviews: What Critics Think
▼ + stars: | 2024-10-11 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +2 min

Fans questioned why Pharrell Williams chose to tell his life story with Lego in "Piece by Piece." However, critics said the Lego animation makes the film more than a formulaic music biopic. "Piece by Piece" could be the next hit Lego movie. AdvertisementFans were confused when they learned that Pharrell Williams' biopic would be an animated Lego movie. In "Piece by Piece," which was released on Friday, Williams talks about his journey to becoming the producer of huge hits such as "Happy" and "Drop It Like It's Hot."

Persons: Pharrell Williams, —, Williams, Snoop Dogg, Kendrick Lamar, Jay, Pharrell, legos Organizations: Service, Hollywood, The Hollywood

☆ Gabelli Funds' Macrae Sykes on top takeaways from bank earnings
▼ + stars: | 2024-10-11 | 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 EmailGabelli Funds' Macrae Sykes on top takeaways from bank earningsMacrae Sykes, Gabelli Funds portfolio manager, joins 'Squawk Box' to discuss bank earnings and latest market trends ahead of the opening bell on Friday.

Persons: Macrae Sykes

☆ China’s ‘whatever it takes’ moment? Investors hope for hundreds of billions in new stimulus
▼ + stars: | 2024-10-11 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +4 min

China's Ministry of Finance, pictured here in Beijing in 2021, is refunding taxes and cutting fees to support economic growth. China's Finance Minister Lan Fo'an is set to hold a press conference at 10 a.m. on Saturday local time on "intensifying" fiscal stimulus policies, the country's State Council Information Office said. Authorities are likely to affirm that at the press conference on Saturday, Zhao said. At the time, Chinese major indexes began to rally, surging over 25% as investors cheered on the slate of stimulus measures. Lan Fo'an, China's Minister of Finance, attends a press conference during the second session of the 14th National People's Congress (NPC) in Beijing on March 6, 2024.

Persons: Cong, Lan Fo'an, NDRC, Zheng Shanjie, Chen Zhao, CNBC's, Zhao, Chetan Ahya, Morgan Stanley, Wang Zhao Organizations: of Finance, Bloomberg, Getty, China's Finance, Beijing, Investors, National Development, Reform, Authorities, China's Ministry, Finance, China's, National People's Congress, Afp Locations: Beijing, country's, Shanghai, Asia

☆ WSJ's Tim Higgins on Tesla's Cybercab robotaxi reveal: These kinds of events for the faithful
▼ + stars: | 2024-10-11 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWSJ's Tim Higgins on Tesla's Cybercab robotaxi reveal: These kinds of events for the faithfulTim Higgins, Wall Street Journal business columnist, joins 'Squawk Box' to discuss Tesla's Cybercab event, Elon Musk's timeline for full self-driving vehicles, and more.

Persons: Tim Higgins, Tesla's, Elon Organizations: Wall Street Journal

☆ Consumer spending falls in September after 7 straight months of gains: CNBC/NRF Retail Monitor
▼ + stars: | 2024-10-11 | by ( Steve Liesman | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConsumer spending falls in September after 7 straight months of gains: CNBC/NRF Retail MonitorCNBC's Steve Liesman joins 'Squawk Box' with the latest results of the CNBC NRF Retail Monitor.

Persons: Steve Liesman Organizations: CNBC, NRF, Retail

☆ Allstate CEO Tom Wilson: The insurance industry itself isn't in bad shape
▼ + stars: | 2024-10-11 | 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 EmailAllstate CEO Tom Wilson: The insurance industry itself isn't in bad shapeAllstate CEO Tom Wilson joins 'Squawk Box' to discuss the economic toll of Hurricane Helene and Milton, how the company responds to storms and other natural disasters, health of the insurance industry, and more.

Persons: Tom Wilson, Hurricane Helene, Milton Organizations: Allstate Locations: Hurricane

☆ Everything our editors bought for Amazon October Prime Day 2024
▼ + stars: | 2024-10-10 | by ( Aksha Mittapalli | Aksha Mittapalli Is An Editorial Intern For Select On Nbc News. She Is A Senior At Nyu | Double Majoring In Journalism | ) www.nbcnews.com time to read: +17 min

Whether we're stocking up on familiar favorites or taking advantage of big discounts, NBC Select editors made good use of Prime Day. Below are all the products we added to our carts this October Prime Day. I never don’t have extra bottles in my apartment and I always like to stock up on it during Prime Day. I always buy basics on Prime Day, so this was a no-brainer to throw in my cart last minute. To round up this list, I asked editors what they bought for Prime Day and why they bought each product.

Persons: – Lindsay Schneider, – Mili, La, I’ve, – Cory Fernandez, bobby pins, – Lauren Swanson, they’re, Mili, Zoe Malin, – Rebecca Rodriguez, – Aksha, – Bianca Alvarez, Ana Luisa, Anker, Aksha, – Ella Morrissey, – Nikki Brown, Rosalie Sparaco, It’s comfy, they’ve, – Ashley Morris, – Zoe Malin, – Jordan Bowman, I’m, TikTok Organizations: NBC, La Roche, Apple, Amazon, July’s, Prime, Facebook, Twitter Locations: Poppi

Trump and the Republican Party have made “an unprecedented lean in and targeting of African American men,” Belcher said. Yes, it’s absolutely smart on their side.”But, he said, recent polling shows a shift among Black voters in the last month and a half toward Harris' campaign. “We want to make sure that Black men are showing up to vote in numbers that we haven’t seen since Obama. So victory and success for us will be record numbers of Black men showing up to vote in November.”He said there has been an Obama-like energy with Harris. Has anyone ever heard of Barack Hussein Obama?” Trump said as the Scranton crowd lit up with boos.

Persons: Barack Obama, Kamala Harris, Obama, Harris, Donald Trump, “, ”, Jesse Lee, —, ” Lee, Republicans — Obama, Mitt Romney, ’, Paulette Aniskoff, ” Aniskoff, ” Eric Schultz, ” Schultz, ” Harris ’, Harris ’, Obama pollster Cornell Belcher, Joe Biden, “ She’s, Belcher, Trump, ” Belcher, Quentin James, ” James, MAGA, ” Trump, decry, Barack Hussein Obama, Democratic pollster Anna Greenberg, ” Greenberg, Hillary Clinton Organizations: Indian, Black, Biden White, Republicans, NBC News, Obama White House, Trump, Democrats, Republican Party, Collective PAC, GOP, Democratic Locations: SCRANTON, Pa, Pittsburgh, Pennsylvania, Philadelphia, Scranton, America

☆ CNBC Sport: Shams Charania on joining ESPN and life after Woj
▼ + stars: | 2024-10-10 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +21 min

Charania begins his ESPN TV work today. "It's definitely going to be a lot of TV," Charania said. They worked together at Yahoo Sports before becoming rivals, only for Charania to eventually take over for Wojnarowski at ESPN. Charania begins his ESPN TV work today. "It's definitely going to be a lot of TV," Charania said.

Persons: Alex Sherman, Shams, Adrian Wojnarowski, Charania, FanDuel, Jimmy Pitaro, It's, Pat McAfee, Wojnarowski, I'm, Jim Rome, I've, he's, that's, He'll, I'd, Adam Silver, Bob Kraft, Jessica Berman, CNBC's Jessica Golden, Craig Kilborn, Colin Neville, Jim Ratcliffe, Joe Tsai, Colin, Neville, dealmaking, We've, CNBC's Contessa Brewer, Jim Allen, Adam Greenblatt, isn't, Tiger Woods, Tigeraire, Woods, CNBC's Lillian Rizzo, Rudy, Rudy Ruettiger, Kevin Mayer, Tom Staggs, Read, Yahoo's Ross Dellenger, we've, Woody Johnson, Woody Johnson —, Johnson, Robert Saleh, Derek Jeter, Shams Charania, Raine Organizations: CNBC, ESPN, FanDuel TV, The, ESPN TV, Worldwide, Sports, NBA, Yahoo Sports, Wojnarowski, Yahoo, I'm, NFL, Miami Dolphins, Buffalo Bills, Los Angeles Chargers, Dolphins, New England Patriots, National Women's Soccer League, Chelsea Football Club, Manchester United, Brooklyn Nets, Premier Lacrosse League, Youth, NCAA, UFC, CNBC Sport, Rock, Seminole Gaming, U.S . Patent, Sun, QVC, Notre Dame, Disney, Candle Media, SEC, Big Ten, ACC, Jets, Apple, Hollywood, Diamond Sports Group, Bally Sports, Wildcats, College Football, Sinclair, Raine Group Locations: Raine, DraftKings, U.S, Las Vegas, Florida, Tigeraire, Northwestern

☆ Walmart U.S. CEO on hurricane relief efforts: Next 24 hours will be a period of assessment
▼ + stars: | 2024-10-10 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWalmart U.S. CEO on hurricane relief efforts: Next 24 hours will be a period of assessmentWalmart U.S. President and CEO John Furner joins 'Squawk Box' to discuss the company's hurricane relief efforts, details of Walmart's command center operations, and more.

Persons: John Furner Organizations: Walmart

☆ Aaron Pierre and Kyle Chandler will lead HBO's 'Lanterns,' over a decade after Ryan Reynolds' widely panned 'Green Lantern.' Here's what to know.
▼ + stars: | 2024-10-10 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

HBO and DC Studios announced that Aaron Pierre and Kyle Chandler will lead the "Lanterns" TV show. The series will be the first major "Green Lantern" project since Ryan Reynolds' widely panned movie. AdvertisementHBO and DC Studios announced that Aaron Pierre and Kyle Chandler will lead the upcoming "Lanterns" TV show — the first major "Green Lantern" project since Ryan Reynolds' widely panned 2011 movie. In the comics, the Green Lantern Corps is an intergalactic police force, with each Lantern working to keep the peace across the universe. Related storiesAaron Pierre and Kyle Chandler play John Stewart and Hal Jordan, respectivelyAaron Pierre and Kyle Chandler will star in "Lanterns."

Persons: Aaron Pierre, Kyle Chandler, John Stewart, Hal Jordan, Ryan Reynolds, —, Reynolds, Zack Snyder's, Greg Berlanti, HBO Max, James Gunn, Peter Safran, Gunn, Safran, Green, Jesse Grant, Jon Kopaloff, Chandler, Jordan, 1grFjppkQe — James Gunn, Nathan Fillion, Guy Gardner, Pierre Organizations: HBO, DC Studios, Service, Green, Corps, Office Mojo, Warner Bros, DC, DCU, Hollywood, Green Lantern Corps Locations: American

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