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☆ 8 million student-loan borrowers who remain blocked from cheaper payments and debt cancellation are getting a step closer to a final decision on Biden's new repayment plan
▼ + stars: | 2024-10-20 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

A Missouri court will hear oral arguments for Biden's SAVE student-loan repayment plan on October 24. The SAVE plan has been blocked for months following challenges from GOP state attorneys general. The case now sits with the 8th Circuit, and the Supreme Court urged for a quick decision. AdvertisementMillions of student-loan borrowers are getting a step closer to a court ruling on cheaper payments and debt relief. Advertisement"An appellate court has to apply the law from the US Supreme Court," Nahmias said.

Persons: —, Biden, Mohela, David Nahmias, Nahmias Organizations: SAVE, 8th Circuit, Service, Education Department, GOP, Federal Government, UC Berkeley Center, Consumer Law, Economic, US, Circuit, Federal Student Aid Locations: Missouri, Mohela

☆ Here are the 5 things that could move the stock market in the week ahead
▼ + stars: | 2024-10-20 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Earnings drove the stock market higher — can they do it again in the week ahead? But he acknowledged that timing is key because our portfolio discipline mandates that we consider lightening up our stock exposure in an overbought market. In fact, AMD was our worst-performing stock for the entire week, losing more than 7% following the prior week's 1.8% slide. Energy was the worst sector of the week for the market as oil prices sank. In the week ahead, housing numbers are the main draw on the economic front.

Persons: Jim Cramer, ASML, Morgan Stanley, WTI, industrials, We're, Sartorius, Danaher, we're, Stanley Black, Lockheed Martin, Philip Morris, Clark, Baker Hughes, Lam, DOV, CARR, Davidson, Northrop, Edwards Lifesciences, Jim Cramer's, Jim, Stocks, Tuesday's, Spencer Platt Organizations: Dow, Nasdaq, Netflix, Modelo, Corona, Constellation Brands, Taiwan Semiconductor Manufacturing Company, Nvidia, AMD, Broadcom, Club, Abbott Laboratories, Energy, Texas, Honeywell, Danaher, Federal Reserve, Treasury, SAP, Logitech, Verizon, General Motors, GE Aerospace, GE, Lockheed, Quest Diagnostics, Norfolk Southern, Polaris, Seagate Technology, Texas Instruments, Canadian National Railway Company, Boeing, GE Vernova, Fisher, Boston, General Dynamics, Hilton, Lam Research, Business Machines, IBM, Newmont, Viking Therapeutics, Vista Energy, Mattel, O'Reilly Automotive, Whirlpool, American Airlines, United Parcel Service, Southwest Airlines, Tractor Supply Company, Carrier Global, Dow Chemical, DOW, Harley, Union Pacific, Valero Energy, Hasbro, Northrop Grumman, Ryder, Boyd Gaming, Western, Boston Beer Company, York Community Bancorp, Colgate, Palmolive, Newell Brands, Jim Cramer's Charitable, CNBC, NEW, Traders, New York Stock Exchange, Getty Locations: BlackRock, CrowdStrike, U.S, Dover, Freeport, McMoRan, Kimberly, Norfolk, Las, ORLY, VALE, New York City

☆ ‘60 Minutes’ rejects Trump’s claims it edited clip for Harris as former president calls for investigation
▼ + stars: | 2024-10-20 | by ( Veronica Stracqualursi | ) edition.cnn.com time to read: +3 min

CNN —CBS’ “60 Minutes” on Sunday rejected former President Donald Trump’s claims that the show edited its interview with Vice President Kamala Harris at her campaign’s direction. “Former President Donald Trump is accusing 60 Minutes of deceitful editing of our Oct. 7 interview with Vice President Kamala Harris. That is false,” the show said in a statement that noted that Trump backed out of his own “60 Minutes” interview earlier this month. “60 Minutes gave an excerpt of our interview to Face the Nation that used a longer section of her answer than that on 60 Minutes,” the statement reads. If he would like to discuss the issues facing the nation and the Harris interview, we would be happy to have him on 60 Minutes,” the show said in its statement.

Persons: Donald Trump’s, Kamala Harris, “, Donald Trump, Trump, Fox’s, Harris, Bill Whitaker, Howard Kurtz, Karoline Leavitt, CBS “, ”, ” Leavitt, Jessica Rosenworcel, Lesley Stahl, ” CNN’s Liam Reilly, Kate Sullivan, Jack Forrest Organizations: CNN, CBS, Sunday, Fox News, GOP, “, Federal Communications, Comcast, NBC News, MSNBC

☆ The rise and fall of 23andMe
▼ + stars: | 2024-10-20 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +1 min

2024: Wojcicki responds to consumer concernsWojcicki said she would not consider "third-party takeover proposals." Steve Jennings/Getty Images for TechCrunchThe company's reputation took another hit in September when an SEC filing said Wojcicki "would be open to considering third-party takeover proposals." "Accordingly, in order to update my prior statement and avoid any confusion in the market, I am no longer open to considering third-party takeover proposals for the Issuer." The Atlantic reported that the sale of 23andMe could also mean the potential sale of user data. A 23andMe spokesperson told BI that Wojcicki "has publicly shared she intends to take the company private, and is not open to considering third-party takeover proposals."

Persons: Wojcicki, Steve Jennings, Wojcicki's, Anne Organizations: Getty, SEC, Electronic Frontier Foundation

☆ Insider Today: Blackstone's juggernaut
▼ + stars: | 2024-10-20 | by ( Matt Turner | ) www.businessinsider.com time to read: +5 min

This post originally appeared in the Insider Today newsletter. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. 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. The boom in private credit at Blackstone reflects a broader shift in how companies borrow.

Persons: —, Drew Houston, Jeff Bezos, Jon Gray, Blackstone, Jeenah, Jonathan Gray, Banks, Marc Rowan, Jamie Dimon, it's, Jenny Chang, Rodriguez, Barack Obama, Donald Trump, Joe Biden, BI's Alice Tecotzky, Tyler Le, Momo Takahashi, Goldman Sachs, Morgan Stanley, It's, rainmaker Jett Lara, Augustus Doricko, Doricko, Alex Diaz, he's Organizations: Business, Service, Blackstone, Blackstone Group, Reuters, JPMorgan, BI, Democratic, Apple, Investment, Goldman, Bank of America, Citigroup Locations: New York City, U.S, BI Northampton, Pennsylvania, Easton, El Segundo , California

A woman boils water while another lights her with a mobile phone during a nationwide blackout in Matanzas, Cuba, on Oct. 18, 2024. Cars drive through a dark street, in Havana, on Oct. 18, 2024. He blamed the U.S. embargo on Cuba for the lack of fuel and hard currency it needs. Over one million people, or 10% of Cuba’s population, have fled the island between 2022 and 2023, according to the country’s national statistics office. Orlando Matos reported from Havana and Carmen Sesin reported from Miami.

Persons: Antonio Levi, Nick Kaiser, Miguel Díaz, Canel, Bruno Rodríguez, Adalberto Roque, Donald Trump’s, Orlando Matos, Carmen Sesin Organizations: Electric, Getty, Antonio Locations: Cuba, State, Havana, Matanzas , Cuba, AFP, night’s, U.S, Venezuela, Russia, Mexico, Miami

Former President Donald Trump and Vice President Kamala Harris. Getty ImagesVice President Kamala Harris and former President Donald Trump will be in battleground states on Saturday. After that, she will travel to Atlanta, Georgia, for a campaign rally where she will encourage Georgians to early vote. Donald Trump will hold a rally in Latrobe, Pennsylvania, on Saturday. President Barack Obama will travel to Las Vegas, Nevada, to hold a campaign rally on behalf of the Harris-Walz campaign.

Persons: Donald Trump, Kamala Harris, Harris, Walz, Barack Obama, Bill Clinton, ” Clinton, surrogates —, — Organizations: Getty Locations: Detroit, Atlanta , Georgia, Latrobe , Pennsylvania, Las Vegas , Nevada, North Carolina

☆ King Charles arrives in an Australia with mixed feelings about the monarchy
▼ + stars: | 2024-10-19 | by ( Hannah Peart | Hannah Peart Is An Intern In The Nbc News London Bureau. | ) www.nbcnews.com time to read: +7 min

LONDON — King Charles III has expressed “deep love and affection” for Australia, a former part of the British Empire. Charles, 75, is Britain’s first reigning monarch to visit Australia in 13 years. The royal visit to Australia includes a Monday reception at Parliament House in Canberra, the capital, where the king will meet with Albanese. King Charles and Queen Camilla are greeted upon their arrival at Sydney International Airport on Friday. King Charles is projected on the Sydney Opera House ahead of his official visit on Friday.

Persons: Charles III, ”, Charles, Queen Camilla, Queen Elizabeth II, Charles ’, Anthony Albanese, Albanese, King Charles, Saeed Khan, Queensland Premier Steven Miles, Western Australia Premier Roger Cook, South Australia Premier Peter Malinauskas, Chris Minns, Jeremy Rockliff, Bev McArthur, —, “, ” Nathan Hansford, Nathan Ross, Queen Camilla “, ” Charles, Daisy McAndrew, David Gray, Eric Abetz, ” McArthur Organizations: Commonwealth, House, Tasmania —, Sydney International Airport, Getty, Queensland Premier, Western Australia Premier, South Australia Premier, New South Wales, Tasmania, Australian Monarchist League, Australian Republic Movement, ARM, NBC News, Sydney Opera House, Sydney Opera Locations: Australia, British, Sydney, Samoa, Britain, Canada, Canberra, South Wales, Victoria, Queensland, Western Australia, South Australia, Tasmania, AFP, New, U.S, Commonwealth, Tasmanian, Caribbean, Barbados

“Losing the workers would devastate our companies, our industry and our economy.”‘The math is just not there’There is evidence that foreign-born construction workers help keep the housing market in check. “Immigrant construction workers in Sun Belt metros like Raleigh, Nashville, Houston, and San Antonio have helped these cities sustain their housing cost advantage over coastal cities despite rapid growth in housing demand,” the authors wrote. Undocumented workers would likely flee ahead of any national deportation effort, Hetrick said, even though many have been in the U.S. for well over a decade. Past as prologueLast year, the state’s Republican governor, Ron DeSantis, enacted a series of restrictions and penalties to deter the employment of undocumented workers. Many immigrant workers hastily left the state even before the policies took effect, with social media videos showing some construction sites sitting empty.

Persons: Trump, You’d, couldn’t, Stan Marek, Marek, “ You’d, ” Bryan Dunn, ”, “, Trump’s, ” Taylor Rogers, Karoline Leavitt, ” Tobin, Jim Tobin, ” Marek, George W, Bob Croslin, Ron Hetrick, Hetrick, Ron DeSantis, Luciano, Taylor, Rick Roth, weren’t, Dunn, ” Dunn, he’s “, Kamala Harris, ” Taylor Organizations: Republican, Trump, Companies, Big, Republican National, National Association of Home Builders, Bush Institute and Southern Methodist University, U.S, Sun, NBC, Workers, NBC News Republican Locations: Texas, an, Arizona, Southwest, Greenland, Aurora , Colorado, U.S, Raleigh, Nashville, Houston, San Antonio, Tampa, Fla, Florida, Mexico, South Florida, Tempe, “ Arizona

☆ Arizona is a top presidential battleground. But the Senate and House races there are taking place in their own universe.
▼ + stars: | 2024-10-19 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Sahil_Hs.Jpg | Sahil Kapur | ) www.nbcnews.com time to read: +6 min

In the House, two Republican congressmen are aiming to fend off a pair of Democratic former state legislators. Seven-term GOP Rep. David Schweikert is seeking to hang on against Amish Shah, a doctor, in the blue-trending Phoenix suburbs after winning by less than 1 point in 2022. And in the Tucson area, freshman Republican Rep. Juan Ciscomani is facing a rematch against Kirsten Engel after previously winning by under 2 points. Arizona’s two highly competitive House racesBoth of these House races are rated as “toss-ups” by the nonpartisan Cook Political Report With Amy Walter. “All four have distinct personalities,” said a Democratic operative working on House races, who spoke candidly on the condition of anonymity.

Persons: Mesa Mayor John Giles, Kamala Harris, Kari Lake, Donald Trump acolyte, Ruben Gallego, “, Donald Trump, ” Giles, hasn’t, David Schweikert, Shah, Juan Ciscomani, Kirsten Engel, Amy Walter, ”, Lake, “ Arizonans, Ciscomani, Blake Masters, Gallego, ” “, Trump, Lake’s, Don, Bacon, Dan Conston, Harris, Sen, John McCain, “ I’ve, I’m, ” Roberta Voss, Eli Crane, Crane, Jonathan Nez, Kevin McCarthy midsession, McCarthy, Marson Organizations: Mesa Mayor, Republican, Democratic, Senate, GOP, Trump, Nebraska Rep, Congressional, Fund, NBC News, Social Security, Navajo Nation, ” Arizona Republican, American Locations: Arizona, Phoenix, Tucson, Omaha, Navajo, ” Arizona

☆ China launches survey to understand ‘fear of having children’
▼ + stars: | 2024-10-19 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +1 min

China’s National Health Commission (NHC) is surveying 30,000 people to understand factors influencing their attitudes towards childbearing and the “fear surrounding having children”, as authorities struggle to boost a flagging birthrate. The survey will include people from 150 counties in China and 1,500 different communities, the state-backed Global Times said late on Thursday, citing the China Population and Development Research Center, which falls under the NHC. Beijing is trying to encourage young couples to have children after China posted a second consecutive year of population decline in 2023. The survey aims to analyze “reluctance and fear surrounding having children” and ultimately provide fertility support and incentive measures, the newspaper said. It comes after China’s National Bureau of Statistics said it will conduct a nationwide sample survey from Oct. 10-Nov. 30 to monitor population changes.

Persons: ” Organizations: Health Commission, Global Times, Development Research Center, NHC, National Bureau of Statistics Locations: China, Beijing

TUCSON, Ariz. — Former President Barack Obama on Friday contrasted former President Donald Trump’s character to that of the late Sen. John McCain during a packed rally at the University of Arizona. “Being here in Tucson, I’m thinking about my friend, John McCain,” said Obama, speaking to several thousand Arizonans. “It required one more vote to keep it intact, and that vote was the late, great John McCain,” Harris said in the Phoenix suburb. “A great American, a war hero: John McCain. “Thanks to John McCain, he didn’t do it,” he added to thunderous applause.

Persons: —, Barack Obama, Donald Trump’s, Sen, John McCain, Obama, McCain, Harris, Walz, ”, ” Obama, didn’t, Emmanuel Dunand, he's, Trump, “, Donald Trump, McCains, “ He’s, …, ” Trump, Bill Clinton, “ McCain, Kamala Harris, ” Harris, I’ll, “ Donald Trump Organizations: University of Arizona, White House, Democratic, Hofstra University, Getty, Senate, Arizona, Republican, “ McCain Republicans, McCain, Affordable Locations: TUCSON, Ariz, Tucson, Hempstead, N.Y, AFP, Lakeville , Minnesota, Vietnam, Ames , Iowa, Arizona, Chandler , Arizona, Phoenix, “, ”

Democratic Sen. Tammy Baldwin and Republican Eric Hovde sparred over abortion rights and economic issues Friday night during their first and only debate of a hotly contested Wisconsin Senate race that has tightened just weeks before Election Day. “Look, it’s been brought back to our state,” Hovde said during the exchange. It’s very clear that he has never read Roe v. Baldwin won her 2012 Senate race by more than 5 percentage points and her 2018 re-election contest by nearly 11 percentage points, demonstrating her appeal in rural areas. Baldwin received her undergraduate degree from Smith College in Massachusetts and graduated from the University of Wisconsin Law School.

Persons: Democratic Sen, Tammy Baldwin, Eric Hovde sparred, Hovde, Baldwin, “ Eric Hovde, —, Roe, Wade, ” Baldwin, it’s, ” Hovde, “, …, ”, Amy Walter, you’ve, he’s, who’s, “ I’m, I’m, you’re Organizations: Democratic, Wisconsin Senate, U.S, Supreme, GOP, ”, Social Security, Washington , D.C, UW, “ Law, Smith College in, University of Wisconsin Law School, University of Wisconsin - Locations: Wisconsin, America, East, Ukraine, Washington, California, Washington ,, Smith College in Massachusetts, University of Wisconsin - Madison

In Michigan, Trade Policies and the Water Crisis Loom Large for VotersGenesee County, Mich., home to Flint and the birthplace of General Motors, has been loyal to the Democratic Party for decades. In and around Flint, voters from both parties described feeling let down by corporations, especially auto companies, and by their political leaders. But interviews with more than 20 people across Genesee County also showed that voters still had doubts about Ms. Harris. I think that she is more so focused I think that she is more so focused on being a personality. Scroll to play video Muted Charles H. Knox Sr. Charles H. Knox Sr.

Persons: Dylan Luna Dylan Luna Ken Snyder Ken Snyder Charles H, Knox Sr, Charles H, Dylan Luna Dylan Luna Meredith Davis Meredith Davis, Ken Snyder Ken Snyder Corie, Michael Aversa Michael Aversa Corie, Foor Meredith Davis Meredith Davis Isabelle Snyder Isabelle Snyder Michael Aversa Michael Aversa Ken Snyder Ken Snyder Charles H, Ken Snyder Ken Snyder Meredith Davis Meredith Davis, Corie, Ken Snyder Ken Snyder Meredith Davis Meredith Davis Charles H, Knox, ”, “ It’s, “, ” “, ” It’s, I’ve, Kamala Harris, Harris, Donald J, Trump, Ken Snyder Ken Snyder Meredith Davis Meredith Davis Michael Aversa Michael Aversa Charles H, Dylan Luna, Dylan Luna Flint Board of Education Dylan Luna, Dylan Luna Flint Board of Education Dylan Luna Flint Board of Education Charles H, It’s, we’ve, ” “ MAGA, MAGA, “ MAGA, ’, Tyonna McIntyre Tyonna McIntyre, Ken Snyder Ken Snyder Michael Aversa Michael Aversa Dylan Luna Dylan Luna Michael Aversa Michael Aversa Meredith Davis Meredith Davis Isabelle Snyder Isabelle Snyder Corie, Michael Aversa Michael Aversa Meredith Davis Meredith Davis, Ken Snyder Ken Snyder Charles H, Michael Aversa Michael Aversa Charles H, “ The, Flint, Art Reyes “, Art Reyes, Bill Bain Bill Bain, Hillary Clinton, Bain, ” Mr, Mandy Christle Mandy Christle, Christle, Isabelle Snyder Isabelle Snyder Meredith Davis Meredith Davis Ken Snyder Ken Snyder Michael Aversa Michael Aversa Corie, Corie Foor Dylan Luna Dylan Luna Charles H, it’s, Dixon, Northerners, ‘, There’s, ” There’s, MaryAnn Pietrzyk, Barack Obama Organizations: General Motors, Democratic Party, “, Flint, Republican, Democratic, Black, Dylan Luna Flint Board of Education, Dylan Luna Flint Board of Education Dylan Luna Flint Board of Education, Trump, Aldi, Kroger, Auto Industry, Biden, “ The Biden, Democrats, Motors, GMC, Republicans, Benz, GM, United Auto Workers, North American Free Trade, Mr, Mason Locations: Michigan, Genesee County, Mich, Flint, ”, America, Genesee, carmaking, Canada, Mexico, American

☆ Social Security's retirement trust fund may run out in nine years. Here's how the next U.S. president may address that
▼ + stars: | 2024-10-19 | by ( Lorie Konish | ) www.cnbc.com time to read: +7 min

As more retirees start to claim Social Security, there are not enough workers contributing to the program to make up for that increase in benefit payments. But the trust fund Social Security relies on to pay retirement benefits is projected to be depleted in 2033. watch nowBoth presidential candidates — former president Trump and Vice President Harris — have vowed to protect Social Security benefits. "Seniors should not pay tax on Social Security," Trump wrote on July 31 in all capital letters on social media platform Truth Social. Ending taxes on Social Security benefits would move the insolvency date of Social Security's trust fund closer by over one year, according to the Committee for a Responsible Federal Budget.

Persons: Donald Trump, Kamala Harris, Allison Joyce, —, Donald Trump —, Trump, Harris —, Jason Fichtner, Mike Blake, Howard Gleckman, Gleckman, Harris, Kevin Lamarque, Joe Biden, Biden, Governor Walz, Mia Ehrenberg Organizations: Art House Theatre, Bloomberg, Getty, Social Security Administration, Democratic, Republican, Social, Social Security, CNBC, Center, Alliance, Lifetime, Income, Trump, Reuters, ABC, Finance, Urban, Brookings Tax, Brookings, U.S, Union, Employers, Center for Economic, Research, Washington Democrats Locations: Fayetteville , North Carolina, Coachella , California, U.S, Detroit , Michigan

CNN —Vice President Kamala Harris and former President Donald Trump collided Friday in Michigan, both barnstorming the state as they wage a tight battle for its potentially decisive 15 Electoral College votes. He said he’d boost American auto manufacturing by slapping steep tariffs on imported vehicles. Rebecca Cook/ReutersBattle for Arab American votersTrump on Friday visited a campaign office in Hamtramck, which has a large Muslim and Arab American population. Trump has courted auto workers in Michigan with pledges to impose steep tariffs on vehicles imported from Mexico and China. Detroiters don’t give up on each other or their city, something Donald Trump will never understand,” Whitmer says in the 30-second spot.

Persons: Kamala Harris, Donald Trump, ’, Harris, Trump, Joe Biden, ” Trump, Biden, Hillary Clinton, Rebecca Cook, Amer Ghalib, Benjamin Netanyahu, ”, ” Harris, Assad Turfe, Yahya Sinwar, “, Shawn Fain, “ He’s, Reuters Trump, he’d, Trump’s, Gretchen Whitmer’s, “ Donald Trump, Detroiters don’t, ” Whitmer, Detroit “, CNN’s Ali, Ethan Cohen Organizations: CNN, Electoral, Trump, White House, Michigan, Biden, Democratic, Michigan —, Reuters, Arab American voters Trump, United Auto Workers, Motor, Economic, ” Michigan Democratic Gov, Hell PAC, Detroit Locations: Michigan, Oakland County, Detroit, Waterford Township, Grand Rapids, Western Michigan, Kent County, Lansing, Auburn Hills, . Michigan, Pennsylvania, Wisconsin, Gaza, Waterford Township , Michigan, Hamtramck, Arab, Wayne County, Lebanon, Israel, Mexico, China, America

☆ F1 meets Georgia-Texas: Austin readies for one of its biggest sports weekends
▼ + stars: | 2024-10-19 | by ( Madeline Coleman | ) www.nytimes.com time to read: +8 min

AUSTIN, Texas — Just outside Circuit of the Americas stands a large, multicolored billboard. 5 Bulldogs, is one of the biggest college football matchups this year, with two Southeastern Conference powerhouses set to clash. Legendary football coach Nick Saban did a hot lap on Friday, and Jess Sims tested several drivers’ knowledge of American college football, including Lando Norris. Iconic American college football and Formula One racing,” said Drew Martin, Texas’ Executive Senior Associate Athletics Director for External Affairs. “I know the Europeans are particularly fond of college football, in particular the halftime show.

Persons: COTA, GameDay, Elle Duncan Show, Nick Saban, Jess Sims, Lando Norris, It’s, ”, Drew Martin, Martin, “, ” Martin, “ It’s, ” Jess Sims, It’ll, ” COTA, Bobby Epstein, Epstein, Austin ”, Martin reckons, Darrell, Oscar Piastri, ’ Epstein, Eminem, ” Epstein, ’, Alex Albon, Jared C, Tilton Organizations: Tire, Sting, Texas Longhorns, Georgia Bulldogs, United, Texas, Oklahoma State, Kansas State, Southeastern Conference, Iconic American, Formula, Affairs, ” College football gamedays, SEC, University of Texas, Longhorn, ESPN, Dallas Grand Prix, Texas -, Darrell K Royal, Longhorns, McLaren, ” University of Texas Athletics, Circuit, Americas, Austin, Getty Locations: AUSTIN , Texas, Americas, Austin, United States, COTA, Texas, Europe, Texas - Georgia, Georgia, Austin , Texas

☆ Cuba hit by second blackout after national power grid failure
▼ + stars: | 2024-10-19 | by ( Patrick Oppmann | ) edition.cnn.com time to read: +2 min

CNN —Cuba suffered a second nationwide blackout Saturday morning, hours after officials said power was being slowly restored. “At 6:15 am a new total outage occurred of the national electroenergetic system,” a post on the Cuba Electrical Union’s official Telegram channel said. Millions of people have been left without power over the last several days as the aging Cuban electrical grid repeatedly collapsed. Cuban officials have blamed a confluence of events from increased US economic sanctions to disruptions caused by recent hurricanes and the impoverished state of the island’s infrastructure. The country’s health minister, José Angel Portal Miranda, said on X that the country’s health facilities were running on generators and that health workers continued to provide vital services.

Persons: Manuel Marrero Cruz, ”, Angel, Miranda, CNN’s Mia Alberti, Calderón, Gerardo Lemos Organizations: CNN, Cuba Electrical Union’s, Electric, Cuban Locations: Cuba, Havana

☆ Business Insider Subscriptions: Enjoy Premium News Stories
▼ + stars: | 2024-10-19 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +17 min

It isn't an accident that people who want to cancel a subscription often have to navigate a web of bureaucracy and confusion. "Actual affirmative consent from a consumer," Witte said, would establish trust between the consumer and the company, boosting loyalty. Along with litigation from the CFPB, state attorneys general have pursued legal action against big companies over hard-to-cancel subscriptions. Last year, Letitia James, New York's attorney general, sued SiriusXM over claims that the radio company trapped customers in subscriptions and maintained a complicated and burdensome cancellation process. AdvertisementIndustries have mastered techniques to maximize their profits by crafting their business models in confusing ways that can lure customers into a subscription without realizing it.

Persons: Doug Mattison, Mattison, —, he'd, I've, Florencia Marotta, Wurgler, Erin Witte, Witte, you've, TransUnion, Cuban, hadn't, it's, Rachel VonSiebenhoven, VonSiebenhoven, I'm, we've, Letitia James, SiriusXM Organizations: Federal Trade Commission, New York University, Consumer Federation of America, Consumer Financial, Bureau, Association of National, FTC, Cuban, Companies, Industries Locations: Ohio, Colorado, New

☆ Rural North Carolinians are key for Trump's election chances in the swing state. Hurricane Helene upended their lives.
▼ + stars: | 2024-10-19 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +7 min

Hurricane Helene battered rural mountain towns in North Carolina, a key voting bloc for Trump. AdvertisementEarly voting began in North Carolina on October 17, and state election officials said in-person turnout topped a previous record set in 2020. He won North Carolina by less than 75,000 votes in the 2020 presidential race, with strong support in areas outside urban centers. Allison Joyce / AFPThe Democrats aim to flip historically red North Carolina, seeing a path in the rapidly growing suburban areas like Charlotte, Raleigh-Durham, and Fayetteville. North Carolina election officials made emergency changes to expand voting access for residents recovering from the storm.

Persons: Harris, —, Helene, Donald Trump, Kamala Harris, Chris Cooper, Cooper, Hurricane Helene, Allison Joyce, Biden, Trump, Roy Cooper, Chuck Edwards, Helene . Edwards, Edwards, Caleb Rudow, He's, Rudow, who've, Bob Phillips, we'll, Phillips Organizations: Trump, Service, Business, Western Carolina University, North, Black, Federal Emergency Management Agency, Gov, Democrat, Republican, FEMA Locations: North Carolina, Asheville, South Carolina, Watauga County, Lake Lure , North Carolina, Hurricane, Charlotte, Raleigh, Durham, Fayetteville, Southern, Buncombe

☆ Democratic senators are crushing their GOP opponents in the money race. They're still likely to lose their majority.
▼ + stars: | 2024-10-19 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +10 min

Related storiesIn the country's nine most competitive races, Democratic candidates raised an average of 2.8 times more than Republican candidates. AdvertisementAs of now, Democratic candidates have continued to lead in polling in every state where they're on defense — except for Montana. Tim Sheehy, the GOP Senate nominee in Montana, may be benefiting from the decline of "ticket-splitting." Eric Hovde, the GOP Senate nominee in Wisconsin, has poured millions into his own campaign. Republicans' "Senate Leadership Fund" raised $115.7 million in the most recent period, while Democrats' "Senate Majority PAC" raised $119 million.

Persons: they're, —, Kamala Harris, Sen, Joe Manchin's, Donald Trump, JD Vance, Harris, they've, Democratic Sen, Sherrod Brown outraised, Bernie Moreno, Elissa Slotkin, Mike Rogers, Ruben Gallego, Kari Lake's, Ted Cruz, Colin Allred, Tommy Garcia, Philip Letsou, Jon Tester, Tester, Tim Sheehy, Sheehy, Michael Ciaglo, Trump, Democrat —, Eric Hovde, Tammy Baldwin's, Scott Olson, Dave McCormick, Moreno, There's, aren't, Brown Organizations: GOP, Service, Democratic, Senate, Republican, Democratic Rep, Republicans, Democrats, Democratic Senatorial, Committee, National Republican, Big, Montana Democrat, Trump, Democrat, Buckeye State, Jobs, Banking Committee Locations: West Virginia, Montana, Arizona, Nevada, Ohio, Texas, Harris, Democrat — Wisconsin, Wisconsin, Pennsylvania

☆ The top 5 'relatively affordable' U.S. cities where you can find a home for under $300,000: 'We're seeing sellers cutting prices'
▼ + stars: | 2024-10-19 | by ( Celia Fernandez | ) www.cnbc.com time to read: 1 min

At the start of the Covid-19 pandemic, the median home price in the U.S. was $280,000. Homebuyers took advantage of mortgage rates below 3% to find great values. With mortgage rates above 6% and the median home price clocking in at $425,000, good deals are harder to come by. A recent report from Realtor.com has identified the top five U.S. cities with median home prices below $300,000. "There are isolated pockets of places that still remain relatively affordable on a national perspective."

Persons: Homebuyers, Realtor.com, it's, Ralph McLaughlin Organizations: CNBC Locations: U.S

The North Korean troops are thought to be receiving training before being sent to the frontline in Ukraine, in what is thought to be a clear sign of the ever warming relations between Moscow and Pyongyang. The soldiers are thought to be speaking in Korean although the low quality audio prevented their discussions from being fully understood. Upon arriving in Russia, the North Korean recruits have been asked to fill out a questionnaire providing their sizing for hats, headgear, uniforms, and shoes. A copy of the questionnaire North Korean soldiers filled out after arriving in Russia, providing their sizing for hats, headgear, uniforms, and shoes. Ukrainian President Volodymyr Zelensky had repeatedly sounded the alarm regarding Russia and North Korea’s deepening alliance, telling a NATO summit this week that “thousands” of North Korean troops were on their way to Russia.

Persons: Volodymyr Zelensky, ” Zelensky Organizations: CNN, North, South Korea’s National Intelligence Service, Ukrainian, Ukrainian Center for Strategic Communication, Information Security, North Korean, Security, NATO Locations: Russia’s, Ukraine, Moscow, Pyongyang, Russia, China, Russian, Korea, North, United States, South

☆ Drug costs, abortion, Obamacare: How Trump and Harris could change U.S. health care
▼ + stars: | 2024-10-19 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +18 min

He said a Harris administration "will build on existing programs, increasing federal spending to make health care more affordable for people." Still, Socal said a Trump administration wouldn't have much flexibility to dismantle or scale back the law without change from Congress. The IRA extended enhanced subsidies that made ACA health plans more affordable for millions of households through 2025 — a provision Harris plans to make permanent if elected, her campaign said. A Democratic House or Senate would likely block any of Trump's sweeping changes to Medicaid, according to Altman. Vance this month also said a future Trump administration would defund Planned Parenthood.

Persons: Donald Trump, Kamala Harris, Trump, Drew Altman, Harris, KFF, Anna Moneymaker, Biden, Joe Biden's, Mariana Socal, Socal, didn't, Stephen Patrick, KFF's Altman, Nathan Posner, Altman, Bill Clark, Roe, Wade, Joe Raedle, Stacey Lee, Johns, Lee, mifepristone, Sen, JD Vance, Trump's, Vance, Nicholas Kamm Organizations: Democratic, U.S, U.S . Naval, Getty, Reuters, CNBC, Congress, The Commonwealth Fund, RAND, U.S . Department of Health, Human Services, Washington , D.C, Republicans, Johns Hopkins Bloomberg School of Public Health, Trump, wouldn't, Biden, Medicare, Emory University, Lawmakers, Affordable, ACA, Medicaid, Democrats, White, Anadolu, Social Security, Capitol, CQ, Inc, The New York Times, Siena College, PBS, Prime, Convention, Johns Hopkins Carey Business School, Republican Party, U.S . Senate, Food and Drug Administration, FDA, CNN, Afp Locations: Israel, Washington, U.S, Washington ,, Canada, Jacksonville , Florida, Ohio

He received the news of Sinwar’s death with “deep sadness and pain because (Sinwar) is a noble resister” – and predicted he would soon be replaced. For Abu Fares, one of hundreds of thousands prevented from returning to their homes, Sinwar’s death is just a continuation of a brutal war. Palestinians say they remain skeptical over whether Sinwar's death will shift Israel's war, which has laid waste to swathes of Gaza. Omar Al-Qatta/AFP/Getty ImagesAround 70% of Palestinians killed by Israel’s strikes are women and children, according to the Hamas-run Government Media Office (GMO). Mahmoud Jneid, also displaced in Deir al-Balah, said the world’s focus should rest on civilian suffering – not Sinwar’s death.

Persons: Deir, Gaza CNN — Abu Mohammed, Mohammed, Yahya Sinwar, Sinwar’s, Gaza – Mohammed, ” Mohammed, ”, Israel’s, Sinwar, Omar Al, Majdal, “ Sinwar, Israel, “, Benjamin ) Netanyahu, Netanyahu, Akram Dabbour, –, ” Dabbour, that’s, Mustafa Barghouti, ” Barghouti, CNN’s Christiane Amanpour, Abu Fares, Suha Al Turk, Balah, Mahmoud Jneid, ” Jneid Organizations: Gaza CNN, Israel, CNN, Getty, Israel Defense Forces, Amnesty International, CUNY Institute, Ministry of Health, UN, Shifa, Media Office, Hamas, Amnesty Locations: Gaza, Deir al, Rafah, Jabalia, AFP, Al, Ashkelon – Sinwar, Israel, Gaza's Al, Nazla, Jabalya, Gaza City

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