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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy U.S. states are in financial troubleTwenty-seven U.S. states lack the cash to repay their debts, according to researchers at Truth in Accounting. The debts relate to public pension systems, which provide lifetime benefits to state and local government employees. About $800 billion in federal aid during the pandemic obfuscated the long-term challenges of states. As that extra aid expires economically powerful states are tightening their budgets. That could lead to tax hikes or cuts to public services like education and transportation.
Organizations: Truth
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Wednesday's full episode of the Halftime Report — November 6, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.
Persons: CNBC's Scott Wapner Organizations: CNBC PRO
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina is very 'concerned' about the rhetoric around tariffs, says Longview's Dewardric McNealDewardric McNeal, Longview Global managing director & senior policy analyst, discusses the impact of Trump's win on China and more.
Persons: Longview's Dewardric McNeal Dewardric Organizations: China, Longview Global Locations: Longview's Dewardric McNeal Dewardric McNeal, China
Kamala Harris won't speak at watch party
  + stars: | 2024-11-06 | 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 EmailKamala Harris won't speak at watch partyKamala Harris, with her path to victory narrowing, will not address supporters at her watch party at Howard University, senior Democratic Party aide Cedric Richmond said.
Persons: Kamala Harris, Cedric Richmond Organizations: Howard University, Democratic Party
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHayman Capital Management's Kyle Bass on what market indicators are suggesting about the electionKyle Bass, founder and CIO of Hayman Capital Management, discusses what a market indicator is suggesting about the election.
Persons: Management's Kyle Bass, Kyle Bass Organizations: Hayman Capital Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors are voting that they want change here, says Defiance ETFs CEO Sylvia JablonskiSylvia Jablonski, Defiance ETFs CEO and CIO, joins 'Squawk Box' to discuss the state of the 2024 election, impact on the markets, and more.
Persons: Sylvia Jablonski Sylvia Jablonski
What a Trump presidency would mean for businesses
  + stars: | 2024-11-06 | 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 EmailWhat a Trump presidency would mean for businessesTilman Fertita, Landry's CEO, and former SEC Chair Jay Clayton discuss the implications for businesses if Donald Trump's lead holds.
Persons: Trump, Tilman Fertita, Jay Clayton, Donald Trump's Organizations: SEC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIf Trump wins, he may be stronger than in 2016, says pollster Frank LuntzFrank Luntz, Pollster and political strategist, discusses how he sees the race with several battleground states still undecided.
Persons: pollster Frank Luntz Frank Luntz Organizations: Trump
Watch CNBC's full interview with Commerzbank CEO Bettina Orlopp
  + stars: | 2024-11-06 | 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 EmailWatch CNBC's full interview with Commerzbank CEO Bettina OrloppCommerzbank CEO Bettina Orlopp discusses the German bank's third-quarter earnings, UniCredit's bid to take over Commerzbank and the broader German economy.
Persons: Bettina Orlopp
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA longer-term perspective is really critical in these emotional moments, says Empower's Marta NortonMarta Norton, Empower Investments chief investment strategist, joins 'Squawk Box' to discuss the latest market trends, impact of Trump's election victory, and more.
Persons: Empower's Marta Norton Marta Norton
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump's victory makes him 'a transformational figure in American history', says Axios' Mike AllenAxios co-founder Mike Allen joins 'Squawk Box' to discuss Donald Trump's victory in the 2024 presidential election.
Persons: Axios, Mike Allen Axios, Mike Allen, Donald Trump's
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Chinese state media views the U.S. presidential electionCNBC's Eunice Yoon reports on how Chinese state media views the U.S. presidential election and Elon Musk.
Persons: Eunice Yoon, Elon Musk
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomic issues drove voters' decisions in this election, says John Hope BryantOperation HOPE founder John Hope Bryant discusses what drove this voter's decision in this election and more.
Persons: John Hope Bryant Organizations: HOPE
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYoung people cared about the economy in this election, says Generation Lab CEO Cyrus BeschlossGeneration Lab CEO Cyrus Beschloss discusses how young voters made their choices in the 2024 presidential election.
Persons: Cyrus, Cyrus Beschloss
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA Trump White House would loosen the ability to do M&A, says Altimeter Capital's Brad GerstnerBrad Gerstner, founder and CEO of Altimeter Capital, discusses his views on equity markets, the stock market backdrop, and more.
Persons: Brad Gerstner Brad Gerstner
Watch CNBC's full interview with UniCredit CEO Andrea Orcel
  + stars: | 2024-11-06 | 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 EmailWatch CNBC's full interview with UniCredit CEO Andrea OrcelUniCredit CEO Andrea Orcel discusses the Italian bank's third-quarter earnings and its bid for Commerzbank.
Persons: Andrea Orcel Organizations: Commerzbank
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe deregulatory agenda will go into high gear in Trump's second term, says Mick MulvaneyJohn Hope Bryant, Operation Hope founder, CEO and chairman, and Mick Mulvaney, Actum Strategic Advisors co-chair and former White House chief of staff, join 'Squawk Box' to discuss Donald Trump's victory in the 2024 election, his legislative priorities, and more.
Persons: Mick Mulvaney John Hope Bryant, Mick Mulvaney, Donald Trump's Organizations: Operation Hope, Actum, Advisors, White House
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets are moving on the 'certainty' of a winner tonight, says former SEC Chair Jay ClaytonJay Clayton, Apollo non-executive chairman and former SEC Chairman, discusses why the markets are trending up despite the election outcome still being unknown.
Persons: Jay Clayton Jay Clayton, Apollo Organizations: SEC
CNBC Markets Now: November 6, 2024
  + stars: | 2024-11-06 | 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 EmailCNBC Markets Now: November 6, 2024CNBC Markets Now provides a look at the day's market moves with commentary and analysis from Michael Santoli, CNBC Senior Markets Commentator.
Persons: Michael Santoli Organizations: CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA split Congress will be the most 'benign' outcome for markets: Javelin WealthStephen Davies, CEO of financial advisory firm Javelin Wealth Management, says that a split congress will be the most benign outcome for markets, adding a split government will temper some of the "wild spending promises" that have been made during the course of the election campaign
Persons: Stephen Davies Organizations: Wealth Management
Donald Trump wins Nebraska with 4 out of 5 electoral votes
  + stars: | 2024-11-06 | 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 EmailDonald Trump wins Nebraska with 4 out of 5 electoral votesNBC News projects Donald Trump wins Nebraska with four of five electoral votes.
Persons: Donald Trump Organizations: Nebraska, NBC
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Micron will go much higher, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: United Rentals, XP, Okta, Talen Energy, Micron, and Lemonade.
Persons: Jim Cramer Organizations: Micron, United Rentals, Talen Energy
Ukraine carried out a drone attack on Russian warships in the Caspian Sea for the first time. It's the latest blow to the Russian navy, which has taken a beating in the Black Sea. This morning, Ukrainian attack drones successfully struck Russia's Caspian Sea flotilla in the port of Kaspiysk, over 1000 km behind the frontline. Related Video Ukraine's sea drones vs. Russia's Black Sea FleetBusiness Insider could not immediately verify the footage. Ukraine expands zone of strikes this morning, hitting Russia's Caspian Sea Fleet in Kaspiysk.
Persons: , Andriy Kovalenko, Sergey Melikov Organizations: Service, Strategic Communication, Security, National Security and Defense Council, Sea, Russian Navy Locations: Ukraine, Kaspiysk, Russian, Ukrainian, Russia's Dagestan, Moscow, Crimean, Crimea, Russia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump will restart the China trade wars with tariff policy, says Evercore ISI's Sarah BianchiSarah Bianchi, Evercore ISI, joins 'Fast Money' to talk the implications of Trump's economic proposals.
Persons: Evercore, Sarah Bianchi Sarah Bianchi Organizations: Trump, Evercore ISI Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDonald Trump is projected to defeat Kamala Harris in the presidential electionDonald Trump is projected to win the U.S. presidential election, according to NBC News.
Persons: Donald Trump, Kamala Harris Organizations: U.S, NBC News
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