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☆ The presidential election is prompting some Americans to 'doom spend,' report finds
▼ + stars: | 2024-11-05 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

Mario Tama | Getty Images News | Getty ImagesRetail therapy is thinly coating voters' anxieties from the presidential election — and their wallets know it. Follow: Election 2024 live updates: Trump and Harris await Presidential election results More than half, or 60%, of Americans surveyed are concerned with the state of the world and economy, more than they were a year ago. Top worries among doom spenders include the cost of living (55%), inflation (43%), and the presidential election (28%), the report found. As of June, 50% of cardholders carry a balance every month on their credit cards, a recent Bankrate survey found. About six out of every 10 people who have credit card debt have had it for at least a year, Bankrate found.

Persons: Mario Tama, —, Gen Zers, Harris, Rossman, Bankrate, NerdWallet, Z, Alev Organizations: Getty, Intuit Credit Karma, Trump, Karma, Shoppers, Federal Reserve Bank of New, millennials, Fed Locations: Federal Reserve Bank of New York

S&P 500 futures ticked up 0.1% and Nasdaq 100 futures were flat. Goldman Sachs predicts that a Trump win and Republican sweep of Congress would spark a 3% pop in the S&P 500. Even a Trump win and a divided Congress would cause about a 1.5% gain, the bank predicts. On the other hand, a Harris win with a divided Congress would cause a 1.5% drop in the S&P 500, the bank told its clients. The stock market staged a broad rally Tuesday before the election results were in with the S&P 500 gaining 1.2%, bringing the benchmark's 2024 gains to more than 21%.

Persons: Donald Trump, Kamala Harris, Goldman Sachs, Harris, Trump, Jason Trennert, Dow Organizations: New York Stock Exchange, Stock, Futures, Dow Jones, Nasdaq, America, Investors, Republican, Democratic, Trump, Traders Locations: Kentucky, Indiana

☆ US stocks rally as investors brace for presidential election outcome
▼ + stars: | 2024-11-05 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +2 min

New York CNN —US stocks rallied Tuesday as Wall Street awaited the results of a closely contested presidential race. “While it’s still anyone’s call on where the chips will fall on the election, putting it behind in either direction is a relief.”Historically, stocks have often risen on Election Day. This marks the sixth-straight Election Day gain for the S&P 500 and Nasdaq. “With Election Day finally here, expect more market volatility, particularly if the wait for a result is long or contested. Just two days after Election Day, the Federal Reserve will announce its latest interest rate decision, the first since cutting rates by half a point.

Persons: Dow, ”, Louis Navellier, Kamala Harris, Donald Trump, Joe Biden, George W, Bush, Al Gore, Adam Turnquist, Gore, ” Turnquist Organizations: New, New York CNN, Nasdaq, Navellier, Associates, LPL, Federal Reserve Locations: New York

The children of Sean "Diddy" Combs shared video of their phone call wishing the embattled and jailed music mogul a happy 55th birthday on Monday. The rapper's seven children — Christian, Quincy, Chance, Justin, Love, and twins Jessie and D’Lila — posted an Instagram video of their phone call with him from the detention center where he is being held. Combs' children gathered around a cake while they sang "Happy Birthday." Combs apologized on Instagram and described his behavior in the video as “inexcusable” and said he had sought therapy. Combs' lawyer Marc Agnifilo said at the time of his arrest that federal prosecutors did not have evidence of sexual trafficking.

Persons: Sean, Diddy, Combs, ” Combs, —, Chance, Justin, Love, Jessie, D’Lila —, Sarah Chapman, Casandra Ventura, Cassie, ” Cassie, Instagram, ”, Ventura, Marc Agnifilo, Agnifilo Organizations: Southern, of Locations: U.S, of New York, Quincy

He noted that in many of the videos being called out by Torres, Piker was criticizing the Israeli government, not Jewish people. Still, the letter marks one of the more high-profile callouts of the popular streaming platform over content regulations related to the Israel-Hamas war. The criticism of Piker came the same month Twitch was accused of disabling sign-ups for the platform from some users in Israel and the Palestinian territories. “It’s actually one of the most stringently applied TOS systems on any platform,” Piker said. The views shared by streamers on Twitch are not the views of Twitch nor are they my personal views."

Persons: Ritchie Torres, Hasan Piker, Benjamin Netanyahu, Piker, Torres, Twitch, —, Sen, Bernie Sanders, Alexandria Ocasio, Tim Walz —, Torres —, ”, Dan Clancy, ” Clancy, “ They’re, ” Piker, he’s, he’s “, Cenk Uygar, Palestine ”, “, …, Sabra, hummus, ” CapriSunnPapi, Raffoulticket, DenimsTV, Jake Steinberg, hasan, Ethan Klein, “ I’ve, ” Klein, ” Fr0gan, raff, sabra hummus, ” Frogan, Zack “ Asmongold ” Hoyt, ” Hoyt, “ It’s, I’m, America —, Clancy Organizations: Hamas, NBC News, Minnesota Gov, NBC, Turkish, Turks, “, YouTube, Defamation League, ADL, U.S . Department of State Locations: Israel, Alexandria, Cortez, Gaza, American, Palestinian, Palestine, San Diego, TikTok, America

Members of the Proud Boys rally against vaccination mandates in New York City on Nov. 20, 2021. The Proud Boys of Columbus recently posted a claim that they had enrolled members as poll watchers and poll workers. But Proud Boys members are clearly active. The Proud Boys chapters are decentralized, but they've spent the time since Jan. 6 wedging themselves into other right-wing issues. The Proud Boys messages were sent over Telegram, which has become the preferred platform of far-right groups, where they can spread their content freely.

Persons: Donald Trump, Trump, ”, Donald Trump’s, Enrique Tarrio, Stephanie Keith, Marjorie Taylor Greene, they've, Stewart Rhodes, Rhodes, —, Mitt Romney's, Tucker Carlson, Liz Cheney wouldn’t, “ Organizations: PHILADELPHIA, U.S, Capitol, Trump, Proud, Advance Democracy, NBC News, Columbus, NBC, U.S . Capitol, Trump —, Fox News Locations: ”, New York City, Ohio, American

“I just believe that.”It’s a belief Vance has articulated at his rallies ahead of Election Day. “Even when I was not a Trump guy back then … that really pissed me off.”For Vance, the sentiments are personal. Feels kind of weird, but here we are.”Reflecting at the end of his campaign, Vance said he most enjoyed the opportunity to travel with his children and with Usha, who sat beside him paying household bills. Win or lose Tuesday, Vance, 40, is positioned to be a leading figure in the party for years to come. But I really, really, really don’t want us to lose, and it’s hard to even think about anything post that.

Persons: — Sen, JD Vance, Donald Trump, “, Kamala Harris, ” Vance, Vance, Trump, ” Harris, we’re, Harris, ”, Tony Hinchcliffe, Harris ’, Tim Walz, Joe Biden, “ I’ve, We’re, ’ ” Vance, “ That’s, Hillary Clinton, Usha, I’m, Bernie, Sanders, Biden, ’, “ It’s, ” Scott Olson, Europe’s, Andy Surabian, Jai Chabria, Luke Thompson, ‘, ’ ”, Harris —, —, we’ve, it’s, It’s, “ We’re, Donald Trump Jr, Bernie Moreno, podcaster Joe Rogan, you’ve Organizations: Democratic, Trump, New, Garden, Minnesota Gov, White, Senate, The Washington Post, Fox News, Washington Post, Republican Locations: FLINT, Mich, R, Ohio, ”, Pennsylvania, Puerto Rico, Wisconsin , Michigan, Georgia, Cincinnati, La Crosse , Wisconsin, La Crosse, Flint, Vance’s, New Hampshire, “ New Hampshire, America

Bad Bunny is recognized globally for establishing reggaeton as a mainstream music genre and exporting Puerto Rican culture to the world. Puerto Rico has given an organic endorsement,” Bad Bunny told the thousands at the rally. It’s you, the people of Puerto Rico, who have told me that on Nov. 5th, we must vote for Juan Dalmau and the ‘Alianza’” (Alliance). Bad Bunny's message connects with young voters in Puerto Rico who have never lived in a Puerto Rico that’s not riddled with crisis, said Jorge Schmidt Nieto, a political science professor at the University of Puerto Rico in Mayagüez. Bad Bunny talks about his upbringing — and makes it politicalIn his 20-minute speech Sunday, Bad Bunny opened up about his upbringing in Puerto Rico — and linked it to Puerto Rico's recent political turmoil.

Persons: Bunny, Zers, “, ”, It’s, Juan Dalmau, Dalmau, Bad Bunny, Pedro Pierluisi, Puerto Rico that’s, Jorge Schmidt Nieto, Apagón, Una Velita, Carlos Vargas, Ramos, Vargas, —, Benito Antonio Martínez Ocasio, Pedro Rosselló, Vega Baja, Luis Fortuño, Schmidt Nieto, Hurricane Maria, Charles Venator, There's, ” Venator, theis, Rosselló, Santiago, García, Sin Suela Organizations: Puerto, Alianza ’ ”, Puerto Rican Independence Party, Citizens, Puerto Rico's, New Progressive Party, Gov, Popular Democratic Party, University of Puerto, Puerto Rican, Ricans, Center, Puerto Rican Studies, Hunter College, Puerto Rico —, Alliance, Islanders, Hurricane, University of Connecticut, Puerto Ricans Locations: Puerto Rican, Puerto Rico, Puerto, University of Puerto Rico, Mayagüez, New York, Vega, Santiago, Puerto Rico’s

Some pediatricians are stunned by the possibility that vaccines proven to save kids’ lives could be banned in a second Trump administration. “I have watched a child die in the hospital of a vaccine-preventable illness because her parents refused to vaccinate her. Many parents today have not witnessed that — yet,” said Dr. Catherine Ohmstede, a pediatrician at Novant Health in Charlotte, North Carolina. However, kindergarten vaccination rates had been falling in the U.S. for years before Trump embraced Kennedy and his anti-vaccine views. Amy Pisani, CEO of the nonpartisan, nonprofit organization, Vaccinate Your Family, said she worries about the outcomes of the latest anti-vaccine sentiments.

Persons: Trump, Donald Trump, he’ll, Robert F, Kennedy Jr, Kennedy, doesn’t, he’s, he’d, “, ”, Catherine Ohmstede, ” Ohmstede, Adam Ratner, Rochelle Walensky, That’s, Deanna Behrens, “ I’m, Amy Pisani Organizations: NBC News, Health, Centers for Disease Control, Children’s, NYU Langone, CDC, American Academy of Pediatrics Locations: U.S, Charlotte , North Carolina, New York City, Illinois

Trump referenced that rally during his speech in Raleigh on Monday, estimating the crowd inside to be 28,000. The crowd for Trump's speech was estimated to be around 53,000, according to the House committee investigating the riot. Harris's campaign said that around 75,000 people attended her speech last week at the same site as Trump's Jan. 6 speech. When she was interrupted by pro-Trump protesters at a rally in Wisconsin last month, she told them they should "go to the smaller rally down the street." The smaller crowd sizes with less enthusiastic participants so close to Election Day have surprised some Republicans, but it's unclear what the cause — and the significance — is, and if it's evidence of less momentum for his campaign.

Persons: Donald Trump, Trump, Kamala Harris, ” Trump, —, Charlotte —, he's, Harris, “, ”, Karoline Leavitt, Sean Spicer, Barack Obama, ” Spicer, Martin Luther King Jr's, she'd, Tim Walz, Marveling, Walz, hasn't, Vaughn Hillyard, Jake Traylor, Dareh Organizations: RALEIGH, Madison, Black, Trump, Fiserv, NBC, White House Press, U.S . Capitol, Minnesota Gov Locations: North Carolina, New York, Raleigh, N.C, Reading, Pa, Macon, Ga, Kingston , N.C, Milwaukee, Greensboro, Gastonia, Wisconsin, Phoenix, Raleigh , North Carolina

☆ Special mud rubbed on all MLB baseballs has unique, 'magical' properties, study finds
▼ + stars: | 2024-11-04 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. | ) www.nbcnews.com time to read: +7 min

The Summary For years, a special mud has been rubbed on every baseball before every major league game to make them less slippery. Called Lena Blackburne Baseball Rubbing Mud, it comes from a single source: a secret spot along the banks of a tributary of the Delaware River. The magic mud is applied to every ball used in Major League Baseball, including in this year’s World Series. The authors concluded that any attempt to create a synthetic substance to replace the mud — something Major League Baseball has explored — would be foolish. An undated photo shows Burns Bintliff, a prior owner of Lena Blackburne Rubbing Mud, with a can of mud.

Persons: Lena Blackburne, Jim Bintliff, ”, Doug Jerolmack, Mark Griffey, ” Jerolmack, Carl Mays, Ray Chapman, ’, ” Bintliff, Burns Bintliff, Blackburne, Bintliff, Shravan Pradeep, Paulo Arratia, Xiangyu Chen, Felipe Macera, Emanuela Del Gado, Del Gado, Rob Manfred Organizations: MLB, University of Pennsylvania, National Academy of Sciences, Major League Baseball, Penn Engineering, New York Yankees, Cleveland, National League, Baseball Hall of Fame, Philadelphia Athletics, Dodgers, Penn, Georgetown University’s Institute, Little League, National Football League teams, Dow Chemical Locations: Delaware, New Jersey

But then there are voters who say former President Donald Trump lacks the character or demeanor a president should have. And some specifically panned the the racist and demeaning rhetoric from Trump allies at last week's rally at Madison Square Garden, criticizing them for alienating Americans instead of bringing them together. Other voters derisively mentioned Harris' laughter, called Trump more "transparent in what he's looking to do," and cited their support for Trump economic policies like tariffs and not taxing overtime pay. For the Harris supporters who briefly, seriously, considered Trump, the former president's tone and demeanor looms large. Again, a handful of voters brought up the rally comments about Puerto Ricans when voters describing something that made them view Trump more negatively.

Persons: Kamala Harris, Harris, she's, Donald Trump, —, Trump, Biden, haven’t, they'd, I’ve, Joe Biden, She’s, Kamala, he’s Organizations: NBC News, Trump, Madison, Garden, Puerto Ricans, NBC, White Locations: Trump, New York, Missouri, Wisconsin, Puerto Rico, Pennsylvania, New York City, Puerto, Texas, Florida, Idaho, Louisiana

He recently told the Wall Street Journal editorial board that Chinese President Xi Jinping respects him but also knows he’s “crazy” and wouldn’t provoke him. But Chinese officials might also see potential for Musk to be a mitigating influence on issues such as tariffs. Like other American business leaders, Musk has met with senior Chinese officials as Beijing courts international companies. AP fileIf Chinese officials receive Musk almost like a world leader, the Chinese public treats him like a rock star. Chinese officials have not been shy about making the connection between what Musk says and where he makes his money.

Persons: Donald Trump, Elon Musk, Jia Qingguo, Trump, ” Jia, Xi Jinping, he’s, ” Trump, Joe Biden’s, “, they’re, ”, Kelly Grieco, Musk, Li Qiang, Qin Gang, ” Grieco, Jennifer Lian, Henry Kissinger, Ian Bremmer, Tesla, Kuan, “ He’s, ” Tesla, Li Keqiang, Li, ” Musk, Grieco, didn’t, Xi, Qin, Hsiao, Kamala Harris, Janis Mackey Frayer, Jennifer Jett Organizations: SHANGHAI, Trump, Peking University, NBC News, Wall Street, Stimson, Qin, Weibo, Communist Party ., Eurasia Group, SpaceX, Shanghai Gigafactory, Getty, U.S, Shanghai, NBC, Global Times, Financial Times, Beijing, Washington, U.S ., Democratic Locations: China, Beijing, Musk, Washington, U.S, United States, York, Shanghai, Chinese, Jiangsu, Xinjiang, Taiwan, Hong Kong, Starlink, Ukraine, Russian, British, European

The social media ads have flooded platforms including Facebook, Instagram and X. One advertisement — viewed more than 900,000 times on Facebook and Instagram since Oct. 28 — depicts Trump winning in the Polymarket odds, according to the Meta Ad Library. A separate sponsored campaign from the right-wing social media personality Shaneyy Richh included nine advertisements promoting Polymarket forecasts. Based on user bets, Polymarket says Trump’s odds of winning are roughly 65.5% and Harris’s odds of winning are 34.5% as of Oct. 31. The company has also used social media to promote election betting, spending over $140,000 on Meta ads, according to the company's ad library.

Persons: Donald Trump’s, Kamala Harris, isn’t, Shayne Coplan, Trump, Harris, Shaneyy Richh, pollsters, ”, Elon, Polymarket, “ Trump, ” Claudio Vallejo, They’re, “, ” Polymarket, Coplan, we’ve, I’ve, ” Trump, “ Polymarket, that’s, Musk, ” John Fortier, “ It’s, you’re, Fortier, “ I’m Organizations: ”, Facebook, Trump, Meta Ad, “, Polymarket, United, Commodity, U.S, NBC, American Enterprise Institute Locations: California , New York, Texas, United States, U.S, Michigan

☆ New York Times tech union goes on strike, one day before election
▼ + stars: | 2024-11-04 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

The New York Times Tech Guild announced Monday morning it is officially on an unfair labor practice strike, just one day before the high stakes presidential election. They work on the back-end of Times' products including games, recipes, podcasts and election coverage, according to the website. The NYT said they work on the business side of the company. The Times said that it has “robust plans in place to ensure that we are able to fulfill our mission and serve our readers.”The Times Tech Guild and NYT management negotiated through late Sunday, according to a report from the New York Times. Issues at the table included having a “just cause” provision in the guild contract, pay increases and pay equity, and return-to-office policies.

Persons: “, Danielle Rhoades Ha, we’re, ” Ha Organizations: New York Times Tech, New York Times, NBC News, Tech Guild, Company, The Times, The Times Tech Guild

A Massachusetts woman passed herself as a nurse and dispensed thousands of doses of phony Botox and other fillers that had been smuggled into the United States, authorities said. Since March 2021, Fadanelli "completed approximately 1,631 Botox appointments, totaling $522,869 in client payments, and 1,085 filler appointments, totaling $410,545 in client payments," federal prosecutors said. Fadanelli's attorney could not be immediately reached for comment on Monday. In an interview with agents Fadanelli said she never claimed to be a nurse and didn't make the injections, prosecutors said. The Centers for Disease Control and Prevention issued a warning in June, alerting consumers to "harmful reactions among people who received injections of counterfeit or mishandled" Botox.

Persons: Rebecca Fadanelli, Fadanelli, Brian Hendricks Organizations: Stoughton, Attorney's, Food, Drug, Criminal Investigations, Disease Control, CDC Locations: Massachusetts, United States, Worcester, Randolph, South Easton, China, Brazil, California , Colorado , Florida , Illinois , Kentucky , New Jersey , New York , Tennessee, Texas

☆ Iran detains woman who stripped to her underwear in apparent protest at Tehran university, state media reports
▼ + stars: | 2024-11-04 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mithil-Aggarwal.Jpg | Mithil Aggarwal | ) www.nbcnews.com time to read: +3 min

It is unclear exactly when the incident occurred but both the video and reports in Iranian media began circulating on Saturday. Authorities in the Islamic Republic have used the morality police to enforce the strict dress code in a crackdown since the protests that swept the country two years ago. After receiving a warning from campus security about dress code regulations, she stripped off her clothes and walked around the university." In a post Saturday on X, Mahjob rejected the suggestions that the student had protested the dress code and questioned her mental state. Amini, an Iranian-Kurdish woman, was detained by the country’s morality police for allegedly not adhering to the strict dress code.

Persons: Tasnim, Mai Sato, “, Seyed Amir Mahjob, Mahjob, Amini Organizations: Islamic Azad University, NBC News, Authorities, Amnesty International, United Nations Locations: Tehran, Islamic Republic, Iran, ”, Fars, Iranian

As the campaign enters its final days, Harris and Trump use starkly different messages to woo voters. Harris and Trump appeal to voters with starkly different tones in final campaign daysSipa via AP; Getty ImagesFormer President Donald Trump and Vice President Kamala Harris spent the final weekend of their campaigns bouncing between battleground states, hoping to ramp up last-minute support. More on the election:➡️ The final national NBC News poll of the 2024 presidential election finds the contest is neck and neck between Harris and Trump. ➡️ In an interview with NBC News' Dasha Burns Trump didn’t rule out banning vaccines if he becomes president. ➡️ Here’s why election night vote counts can make it hard to tell who will win the presidency.

Persons: Harris, Trump, Donald Trump, Kamala Harris, “, ”, ” Trump, NBC’s, Dasha Burns Trump, ➡️, ➡️ Trump, Oklahoma Bryan Terry, Kevin Stitt, Stitt, NFL Jeffrey Becker, Greg Rosenstein, 💪, arnold, alf, 🏃, Ari z, Bea, ove, gad Organizations: NFL, Trump, AP, Getty, NBC, ➡️, NBC News, Senate, Imagn, Oklahoma Gov, Oklahoma City Fire Department, Video, National Weather Service, Oklahoma, Minnesota Vikings, Detroit Lions, dow Locations: Oklahoma, Pennsylvania, Puerto Rico, Lititz , Pennsylvania, Oklahoma City, Arkansas, Missouri, Ste l

The Israeli prime minister was engulfed in scandal Monday over a case involving one of his aides that has sent shockwaves across the country. The firestorm — brought into public view when an Israeli court loosened a gag order Sunday night — has enraged Netanyahu's political opponents and hostage families. Palestinians fill containers with clean water in the midst of the devastation in Beit Lahia, northern Gaza on Sunday. The Israeli leader faced mounting outrage from hostage families and much of the country's public over his failure to agree to a cease-fire deal. Prime Minister of Israel Benjamin Netanyahu during the United Nations General Assembly in New York on Sept. 27.

Persons: Benjamin Netanyahu, —, Netanyahu, Shin, Eliezer Feldstein, Feldstein, Israel Benjamin Netanyahu, Pamela Smith, Benny Gantz, it’s, Yair Lapid, Lapid Organizations: Rishon, Zion, Israel Defense Forces, Israel Security Agency, AFP, Getty, NBC, Chronicle, Jewish, NBC News, Military Intelligence Directorate, United Nations General Assembly, AP Locations: Gaza, Beit Lahia, London, Egypt, Israel, Philadelphi, New York, Netanyahu's

As the battle for Congress comes to a close, here are five things to watch:1. Republicans have long been concerned about Democrats’ massive fundraising advantage in House and Senate races. Nearly $1.6 billion has been spent on ads in Senate races since Labor Day, with Democrats spending $803 million and Republicans spending $758 million, according to AdImpact. More than $1 billion has also been spent on ads in House races since Labor Day, with Democrats spending $615 million to Republicans’ $448 million, according to AdImpact. In the Maryland Senate race, Republicans have tried to pull off an upset by recruiting former GOP Gov.

Persons: Donald Trump, Kamala Harris, Trump, Jon Tester, Ohio’s Sherrod Brown, Brown, Tim Sheehy, Bernie Moreno, Jim Justice, Sen, Joe Manchin, Joe Biden, Harris, Pennsylvania’s Bob Casey, Wisconsin’s Tammy Baldwin, Nevada’s Jacky Rosen, Maine Republican Susan Collins, Biden, Casey, Dave McCormick, Rosen, Roe, Wade, ’, That’s, Dan Osborn, GOP Sen, Deb Fischer, Fischer, Osborn, Colin Allred, Ted Cruz, they’re, Debbie Mucarsel, Powell, Rick Scott, Allred, Larry Hogan, Hogan, Angela Alsobrooks Organizations: White, Republicans, House, Republican, Navy, West Virginia Gov, Democratic, Trump, GOP, Maine Republican, Senate, Freedom Caucus, Democrats, Labor, ’, Republicans ’, PAC, Maryland Senate, GOP Gov, Hogan Locations: California, New York, Arizona, Michigan, Maine, Pennsylvania, Nevada, Allentown, Harrisburg, Nebraska, Cornhusker, Texas, Florida, Maryland

☆ The bogeyman haunting Harris (and Biden) that Trump is cashing in on
▼ + stars: | 2024-11-04 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

Now, the inflation rate is nearly back to normal – miraculously, without the recession and loss of millions of jobs that many predicted. Harris also gets that the economic anxiety fueled by inflation has helped boost the popularity of her opponent, former President Donald Trump. And he’s got a point: The inflation rate never exceeded 3% under Trump – a far cry from the four-decade high of 9.1% under Biden. “I will end inflation,” Trump told a roaring crowd of supporters in battleground North Carolina on Wednesday. More than two-thirds of economists (68%) surveyed by The Wall Street Journal say prices will be higher under Trump than Harris.

Persons: Joe Biden’s, It’s, Kamala Harris, Harris, ” Harris, Donald Trump, he’s, Trump, Biden, it’s, Moody’s, ” Trump, “, aren’t, Trump’s Organizations: New, New York CNN, White, Federal Reserve, Trump, Biden, Wall Locations: New York, Russia, Ukraine, North Carolina, China, Mexico

☆ Booze sales fall back to earth — except for one retailer
▼ + stars: | 2024-11-04 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

That has forced Remy Cointreau, whose stock has fallen 50% for the year, to slash its full-year guidance and expects another year of double-digit declines in sales. The declines are a “normalization” within the industry, with alcohol sales nearing their pre-Covid levels, according to Marten Lodewijks, IWSR’s president for the US division. Cheaper private labels have had a boon in sales, mirroring a larger trend of customers seeking more affordable options in all aspects of their life. Aldi’s lineup is growing double digits in sales, bucking the broader industry trends of declines, Arlin Zajmi, director of national buying for adult beverages, told CNN. Aldi has seen its wine and beer sales soar.

Persons: Remy Cointreau, Pernod Ricard, Jose Cuervo, Proximo, ” Lisa Hawkins, ”, Luca Marotta, Remy Cointreau’s, Jameson, Kahula, Hélène de Tissot, Marten Lodewijks, bottlers, Arlin Zajmi, Scott Olson, it’s, ” Zajmi, ” Bryan Roth Organizations: New, New York CNN, Anheuser, Busch, CNN, Spirits, Consumers, Aldi Locations: New York, United States

☆ An Oregon airport is trying to alleviate travel anxiety with llama therapy
▼ + stars: | 2024-11-04 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +3 min

Portland airport is using llamas and alpacas for stress relief at its terminals. Animal therapy appears to lower anxiety and promote mood-lifting hormones. AdvertisementAn airport in Oregon is trying to ease nervous flyers' concerns by providing them with access to an unusual animal therapy program. Most existing studies are focused on therapy dogs, which are increasingly being used in airports, such as London Stansted and Istanbul Airport. Denver International Airport has the world's largest animal therapy program, for which it was awarded the Guinness World Record in 2021.

Persons: —, Allison Ferre, Mintel Organizations: Service, Portland International, NPR, UCLA Health, London Stansted, Istanbul Airport, Port, Business, International, Guinness, Disease Control, Prevention Locations: Portland, Oregon, Ridgefield , Washington, New York City, Istanbul, Port of Portland

☆ Where Jim Cramer stands on Apple after more selling from Warren Buffett's Berkshire
▼ + stars: | 2024-11-04 | by ( Morgan Chittum | ) www.cnbc.com time to read: +3 min

The news Berkshire Hathaway sold another large chunk of Apple shares, according to the Warren Buffett -led company's earnings report Saturday. But it still held roughly $69.9 billion worth of Apple shares at the end of September. It's unclear why Berkshire is selling Apple, but investors don't seem too worried. AAPL YTD mountain Apple YTD Apple stock fell 1% in Monday's down market, the first chance Wall Street got to react to the news. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Berkshire Hathaway, Warren Buffett, Morgan Stanley, Jim Cramer, Jim, Buffett, Jim Cramer's Organizations: Berkshire, Apple, of America, CNBC, Nurphoto, Getty Locations: Omaha, Berkshire, Monday's, Manhattan , New York

☆ New York Times tech workers are going on strike at the worst possible time
▼ + stars: | 2024-11-04 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

The New York Times' tech workers went on strike, risking disrupting the Times during the election. AdvertisementThe New York Times' tech workers went on strike Monday morning, threatening to disrupt the publication's operation during the presidential election and its aftermath. The Tech Guild, which represents workers like software developers and data analysts, said members would be picketing outside the Times' New York City headquarters. The Times Guild, which represents non-tech workers, called on Times management to complete a deal by Election Day. It's represented by the NewsGuild of New York, which also represents more than 1,400 newsroom and business employees via The New York Times Guild.

Persons: —, It's, Sulzberger Organizations: New York Times, Tech, Times, Service, Tech Guild, The Tech Guild, Company, New York Times Guild, Business, The Times, Co Locations: New York City, New York

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