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☆ 'Inflation is like a regressive tax,' economist says — only one group can 'easily afford' holiday spending this year
▼ + stars: | 2024-10-30 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

About half, or 52%, of shoppers with incomes of $100,000 or more believe they can "easily afford" holiday expenses in 2024, according to Morning Consult, a survey research firm. To that point, 33% of those who earn $50,000 to $99,900 said they can afford holiday spending. Meanwhile, 18% of respondents who earn below $50,000 annually can sustain the costs, the report found. "Inflation is like a regressive tax," said Sofia Baig, economist at Morning Consult. "It hurts lower income people more than higher income people because it takes out a larger chunk of their wallet."

Persons: Roth, Sofia Baig Organizations: Finance, Morning Locations: U.S

☆ Never mind the 60/40 portfolio. There may be a case for a 50/30/20 allocation
▼ + stars: | 2024-10-30 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

The case for a 50/30/20 portfolio is growing as investors seek to diversify into alternatives as a hedge against a stock and bond market that are each flashing cautionary signals. "And so, let me allocate a little bit, because instead of a 60/40, perhaps it's a [50/30/20]," she said, clarifying 50% to stocks, 30% to bonds, and the remaining 20% to alternatives. The case for alternatives The case for alternatives is two-fold. Still, investors say that the the asset class can help hedge against real risks ahead of stocks and bonds. One ETF investing in private equity asset managers is the Invesco Global Listed Private Equity ETF (PSP) .

Persons: Ayako Yoshioka, you've, Goldman Sachs, David Kostin, Corporates, Yoshioka, Paul Tudor Jones, Mark Malek, it's, —, Jesse Pound Organizations: Investors, Bank of America, Treasury, U.S, State Street, Apollo Global Management, Blackstone, Ares Management, KKR, Co, Carlyle Group, Equity ETF Locations: U.S, Siebert

☆ Japan’s iconic Mount Fuji has yet to see snow this winter, breaking a 130-year record
▼ + stars: | 2024-10-29 | by ( Helen Regan | ) edition.cnn.com time to read: +4 min

CNN —November is just a few days away, but Japan’s iconic Mount Fuji remains snowless, marking the latest date without a snowcap since records began 130 years ago. The lack of snow as of October 29, beats the previous record of October 26, set in 1955 and 2016, he said. This aerial view shows climbers lining up to take a photo on the Kengamine summit of Mount Fuji on August 10, 2024. The unusual October heat Japan experienced was made three times more likely because of the climate crisis, Climate Central found. Straddling Japan’s Yamanashi and Shizuoka prefectures, the 3,776-meter Mount Fuji is a UNESCO World Heritage site and an icon of Japan.

Persons: Snowcaps, Shinichi Yanagi, Stringer Organizations: CNN, Mount, Fuji, NHK, Meteorological Office, Meteorological Agency, Mount Fuji, Kyodo, Climate, Northern, UNESCO Locations: Kofu, Japan, Mount, Central, Yamanashi, Shizuoka, overtourism

☆ Harris vs. Trump: Auto insiders weigh in on both candidates, top issues
▼ + stars: | 2024-10-29 | by ( Michael Wayland | ) www.cnbc.com time to read: +11 min

Electric vehicles, trade, tariffs, China, emissions regulations and labor are among the top issues automakers are monitoring, according to industry executives and policy experts. Harris vs. TrumpOfficials expect a Harris victory to be a continuation, but not a copy, of the past four years under Biden. Republican presidential nominee and former U.S. President Donald Trump speaks as he visits a campaign office in Hamtramck, Michigan, U.S. October 18, 2024. Republicans, led by Trump, have largely condemned EVs, saying that they are being forced upon consumers and that they will ruin the U.S. automotive industry. LaborOf the many issues regarding the automotive industry, officials who spoke to CNBC were nearly unanimous regarding labor: They're concerned a Harris win would continue to mean increased power for organized labor.

Persons: Bill Pugliano, Kamala Harris, Donald Trump, Joe Biden, Harris, Jefferies, Philippe Houchois, Biden, Shawn Fain, Drew Angerer, Brian Snyder, —, Elon Musk's, Trump, Pablo Di Si, EVs, Harris hasn't, Peter Rawlinson, Rawlinson, That's, Trump's, USMCA, Mary Barra, hasn't, Fain Organizations: Ford, Ford Dearborn Plant, Getty, DETROIT, Motor, Great, Trump, CNBC, Trump Officials, United Auto Workers, Democratic, International Union of Painters, AFP, Republican, Reuters, Motors, Ford Motor, Chrysler, EV, Lucid, Tesla, California Air Resources, D.C, District of Columbia, Alliance for Automotive Innovation, U.S . Officials, IRA Electric, Volkswagen Group of America, Automotive, Republicans, Environmental Protection Agency, . North, North American Free Trade, Jefferies, Labor, Democratic National Convention, UAW Locations: Dearborn , Michigan, Michigan, Motor City, Great Lakes State, China, Macomb , Michigan, California, Hamtramck , Michigan, U.S, Detroit, Washington , Oregon, New York, Washington, . North American, United States, Mexico, Canada, American

☆ Rare fossil preserved in fool’s gold reveals newly identified 450 million-year-old species
▼ + stars: | 2024-10-29 | by ( Katie Hunt | ) edition.cnn.com time to read: +4 min

The striking fossil is a newly identified species of arthropod, a distant relative of modern-day horseshoe crabs, scorpions, and spiders, that slightly resembles a modern-day shrimp. Named Lomankus edgecombei, the arthropod is a remarkably bright golden color because it’s preserved in three dimensions by iron pyrite — a mineral better known as fool’s gold. Lead study author Luke Parry began examining the fossils when he was a postdoctoral researcher at the Yale Peabody Museum, where three of the specimens were held. courtesy Luke Parry/Yu Liu/Ruixin RanToday, there are more known species of arthropod than any other group of animals on Earth. “Sometimes we see fossils preserved as opals or quartz crystals, or in this case, fool’s gold,” Brusatte said.

Persons: it’s, Lomankus edgecombei, Greg Edgecombe, Luke Parry, Yu Liu, Ruixin, Parry, ” Parry, ‘, Steve Brusatte, ”, ” Brusatte, “ Organizations: CNN, Yale Peabody Museum, Yunnan University, paleobiology, University of Oxford, “, University of Edinburgh’s School of GeoSciences, Brusatte Locations: New York, Rome, China

☆ Judge rejects GOP congressmens’ lawsuit challenging vetting process for Pennsylvania overseas ballots
▼ + stars: | 2024-10-29 | by ( Tierney Sneed | ) edition.cnn.com time to read: +3 min

CNN —A federal judge on Tuesday tossed out a Republican lawsuit that sought to segregate overseas ballots in Pennsylvania for additional vetting. The overseas vote has long been viewed as sacrosanct because of its connection to the military vote, and the Pennsylvania lawsuit – which would have jeopardized the ballots of service people abroad – drew a sharp backlash. He cited other procedural issues with Republicans’ lawsuit as well. In the Pennsylvania case, the Republicans were arguing that election officials should take additional steps to verify ballots cast in the state from overseas voters. Correction: This story has been updated to reflect the judge who ruled in the case is Judge Christopher Conner.

Persons: Christopher Conner, –, Conner, ”, ” Conner, George W, Bush, “, It’s Organizations: CNN, Republican, Republicans, Republican National Committee, House Republicans Locations: Pennsylvania, Michigan, North Carolina

☆ Dodgers dominate Yankees to move within 1 win of World Series victory
▼ + stars: | 2024-10-28 | by ( Andy Mccullough | ) www.nytimes.com time to read: +8 min

“Four more wins!”After a 4-2 victory on Monday over the New York Yankees in Game 3 of the World Series, the Dodgers are on the doorstep of a championship, one far different than the title marred by COVID-19 restrictions in 2020. The first World Series game at Yankee Stadium since 2009 ended as the last two did in Chavez Ravine, with the Dodgers exultant and the Yankees lamenting missed chances. No team in World Series history has overcome a 3-0 deficit. “Hopefully we can go be this amazing story and shock the world,” Yankees manager Aaron Boone said. “If he is able to play, willing to play, he’s going to play,” Roberts said on Sunday afternoon.

Persons: Dave Roberts, hoarse, ” Roberts, Freddie Freeman, “ We’ve, ”, Freeman, Walker Buehler, Clark Schmidt, Freeman’s, Luis Gil, Aaron Judge, Aaron Boone, we’ve, Ohtani, “ Schmidt, Freeman pounced, Judge, “, Tommy Edman, Mookie Betts, Juan Soto, Edman, deke, Buehler, Giancarlo Stanton, Stanton lumbered, Betts, Jazz Chisholm, Anthony Volpe, Teoscar Hernández, Stanton, Hernández, Will Smith, ” Buehler, Boone, benching, Austin Wells, “ Righties, ” Boone, Tommy John, Roberts, “ There’s, Luke Hales Organizations: Dodger, National League, Los Angeles Dodgers, New York Yankees, Dodgers, Yankee, Yankees, ” Dodgers, Los Angeles bullpen, Buehler, ” Yankees, Boston Red Sox Locations: Los Angeles, Chavez, Bronx

☆ Apple Intelligence rollout could be an inflection point, says Futurum Group CEO's Daniel Newman
▼ + stars: | 2024-10-28 | 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 EmailApple Intelligence rollout could be an inflection point, says Futurum Group CEO's Daniel NewmanCNBC’s Steve Kovach joins 'Power Lunch' with Daniel Newman, Futurum Group CEO, to discuss the initial rollout of Apple's Apple Intelligence features.

Persons: CEO's Daniel Newman, Steve Kovach, Daniel Newman Organizations: Apple Intelligence, Futurum, Apple's Apple Intelligence

☆ Apple Intelligence is finally here for some as part of the iOS 18.1 software update
▼ + stars: | 2024-10-28 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

Apple rolled out long-awaited AI features to some iPhone and other users with its iOS 18.1 update. The new software is officially available on iOS 18.1, iPadOS 18.1, and macOS Sequoia 15.1, months after the tech giant first announced Apple Intelligence at the Worldwide Developers Conference. These are the Apple Intelligence features out nowApple Intelligence was revealed at Apple WWDC 2024. AdvertisementWith iOS 18.1, Apple said Siri can field typed requests, answer "thousands of questions" about Apple products, and understand context better. AppleTo ensure they get the features, iPhone owners must join a waitlist to request activation of Apple Intelligence.

Persons: Dan Ives, —, Siri, Apple, There's, Tim Cook Organizations: Apple, Apple Intelligence, Service, Sequoia, Worldwide, Wedbush Securities Locations: Australia, Canada, New Zealand, South Africa

☆ Tech stocks could be in for a reckoning, this chart shows
▼ + stars: | 2024-10-28 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Since then, the XLK is down 6% relative to the broad market index. "The level it peaked at almost exactly coincides with where the Tech ETF peaked on a relative basis in 2000. Not exactly what you want to see if you're an investor putting new money to work within Tech," he wrote. The SMH closed Friday at $252.96, and the strategist expects the $233 level to be tested near term. "We still exercise some degree of caution when we view Technology stocks, as short term trends and near-term momentum appear to be stalling," O'Hara wrote.

Persons: Wolfe, Rob Ginsberg, Ginsberg, Roth MKM, JC O'Hara, O'Hara, Wells Organizations: Wolfe Research, Tech ETF, VanEck Semiconductor, Nasdaq, Dow Jones, Microsoft, Apple Locations: Wells Fargo

☆ Harris’ small business pitch resonates in Georgia’s most diverse county. Can it win her the state?
▼ + stars: | 2024-10-27 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms J-J-_Mccorvey.Jpg | J.J. Mccorvey | ) www.nbcnews.com time to read: +9 min

ATLANTA — The election could be decided in Georgia’s fastest-growing and most ethnically diverse county. Vice President Kamala Harris’ economic pitch has heavily emphasized small-business owners, and those in Gwinnett County — one of the “Decider” counties NBC News is tracking — acknowledge they could use more support. So far, many like what Harris is offering, though some remain undecided just over a week before Election Day. The county is exceptionally diverse, with no single ethnic group comprising more than a third of residents, according to 2020 census data. She also kicked off an “Economic Opportunity Tour” in Atlanta this summer, highlighting the administration’s economic accomplishments for Black communities.

Persons: Joe Biden, Donald Trump, Kamala Harris, Harris, Roberto Correa, Beto’s Tacos, Chris Knowle, Beto's Tacos Roberto Correa, ” Correa, Correa, hasn’t, ”, Fred Hicks, Democratic Sen, Raphael Warnock’s, Elijah Nouvelage, ’, It’s, “, Jerry Parrish, They’ve, Roberto Corea, Tacos Trump, Biden, Laken Riley, ” Trump, Ron Tyler Jr, Tyler, Harris “, Charlamagne, God, Roland Martin, Sharon Catter, Catter, Kris Janovitz, ” Catter, Tad Leithead, Leithead Organizations: ATLANTA, NBC, Democratic, Getty, Gwinnett, Center for American Progress, Metro Atlanta Chamber, University of Georgia, U.S, Trump, Tyler Studios, Payus, Disney, Netflix, Black, Waffle, Microsoft, Target, Quality, Biden Locations: Gwinnett County, Atlanta, Beto’s, Suwanee, Mexico, Georgia, —, AFP, Gwinnett, Duluth, America

☆ I got my first smartphone at 30. It ruined my life.
▼ + stars: | 2024-10-27 | by ( ) www.businessinsider.com time to read: +5 min

At 30, I reluctantly bought a smartphone once life with my flip phone became too difficult. Despite the benefits of having a smartphone, I feel more isolated and like I rely on it too much. Having grown up in the age of cellphones, my flip phone felt more than good enough since I could call and text anytime, anywhere. I miss my flip phone, but there's no going backI now view my life in two distinct eras: before and after the iPhone. Life was simpler with my flip phone, but having a smartphone isn't all bad.

Persons: —, I'd, Jaap Arriens, it's, hadn't, I've Organizations: Service, Verizon, Spotify Locations: Tinder

☆ Lifting the lid: An inside look at the technology that fuels Formula One success
▼ + stars: | 2024-10-27 | by ( ) www.cnbc.com time to read: +2 min

F1 races are often decided by tenths of seconds, and technological advancements can make or break a team's time on the circuit. "Formula One is all about performance, and it's performance which drives success on the racetrack. "Without all four of them operating at a very high level, it's very difficult to have real success," Waterhouse added. James Vowles, team principal for Williams Racing, said he spends about 30% of his time on technology. Watch the video above for an in-depth look at the technology that fuels F1 success, featuring interviews with Formula One Group CEO Stefano Domenicali, McLaren Racing CEO Zak Brown, Williams Racing Team Principal James Vowles, Scuderia Ferrari HP Team Principal Fréd Vasseur and more.

Persons: Ben Waterhouse, Waterhouse, Dan Keyworth, James Vowles, Vowles, Stefano Domenicali, Zak Brown, Fréd Vasseur Organizations: Oracle Red Bull, McLaren Racing, Williams Racing, Formula One, McLaren, Ferrari HP

Now, young men have emerged as a voting bloc that could potentially swing an election expected to see a razor-thin margin of victory for the candidate who wins. The trend has been especially pronounced among young men of color. Adding to the complexity is that younger men have actually experienced solid economic gains, at least on paper, during the Biden administration. Yet, some young men continue to express concerns about making ends meet, and say they consider current immigration policies to be an obstacle to their upward mobility. In the University of Chicago GenForward poll, young men named “economic growth” as their No.1 issue, with inflation not far behind.

Persons: They’re, Donald Trump, Harris, Joe Biden, Trump, Biden, —, JD Vance, Matt Nelsen, ” Nelsen, Kamala Harris, Nelsen, “, ” Organizations: Republicans, NBC, Trump, Harvard Kennedy School Institute of Politics, University of Chicago’s, University of Chicago, NBC News, Black, New York Times, U.S . Locations: U.S

☆ Groundbreaking telescope reveals first piece of new cosmic map
▼ + stars: | 2024-10-26 | by ( Jackie Wattles | ) edition.cnn.com time to read: +7 min

Astronomers have never detected dark matter, but they believe it makes up about 85% of the total matter in the universe. Meanwhile, the existence of dark energy helps researchers explain why the universe is expanding — and why that expansion is speeding up. A prime example is the European Space Agency’s wide-angle Euclid telescope that launched in 2023 to investigate the riddles of dark energy and dark matter. Euclid this week delivered the first piece of a cosmic map — containing about 100 million stars and galaxies — that will take six years to create. These stunning 3D observations may help scientists see how dark matter warps light and curves space across galaxies.

Persons: Jackie Wattles, I’m, Vera C, Sarah Gillis, John Kraus, Chenyang Cai, Everest, NASA hasn’t, gazers, Ashley Strickland, Katie Hunt Organizations: CNN, ESA, US National Science Foundation, Stanford University, Rubin, SpaceX, SpaceX Polaris, Polaris, NASA, Boeing, CNN Space, Science Locations: Chile, Uzbekistan, Norway, Myanmar, Florida

☆ The biggest pressing market questions with two months to go in rewarding year
▼ + stars: | 2024-10-26 | by ( Michael Santoli | ) www.cnbc.com time to read: +10 min

And how should investors be thinking about future equity returns as the bull market enters its third year riding stellar multi-year performance and facing demanding valuations? So, expansionary policies that would quicken the economy's metabolism and produce more inflation was exactly what the market craved then – but now? Right now, the S & P 500 is up 42% from 18 months ago and fetches 22-times expected earnings. No reliable augurs of a coming bear market are in evidence: S & P up 10 of 11 months, making a new high in September, credit spreads resolutely narrow, all point to an upside bias over a span of months, at least. .SPX YTD mountain S & P 500, YTD Which leaves the question of just how much upside, if any, a bull should reasonably expect from here.

Persons: Warren Pies, Pat Tschosik, Ned Davis, Donald Trump, payrolls, Harris, Goldman Sachs, Goldman Organizations: Federal Reserve, Treasury, Fed, 3Fourteen Research, Trump, Ned, Ned Davis Research, Dow, Leuthold, quicken, Wall Locations: U.S, China, Wells

“Kamala is weak, dishonest, and dangerously liberal, and that’s why the American people will reject her on November 5th.”The Harris campaign declined to comment for this article. “Well, I’m clearly a woman,” Harris told NBC News in her interview Tuesday. Before becoming vice president, Harris was elected three times statewide in California, first as attorney general and then as a U.S. senator. Polling shows younger Black men, while still backing Harris overall, have shown historic interest in the Republican candidate this election cycle. “She’s not concerned about being the first,” the Harris campaign official said.

Persons: Kamala Harris, Harris isn’t, Donald Trump, Harris, Trump, —, Anne Landers, Ruby Smalls, Jean Carroll, “, — Kamala, Joe Biden’s, ” Trump, Karoline Leavitt, “ Kamala, ”, Hillary Clinton, she’d, ” Harris, ” Carol Moseley Braun, ” Moseley Braun, …, she’s, Joe Biden, they’re, Clinton, Israel Anta, Zuma, Patricia Kipp, Tyler Hammond, Taylor Hammond, Sen, JD Vance, Ohio, Neil Rubin, Lara Trump, “ Y’all, ” Lara Trump, Brandon S, “ Trump, he’d, ” Sharmen, ‘, Barack Obama, Obama, I’m, I’ve, Kalid Meky, Meky, Tim Walz, Walz, Doug Emhoff, Tim, James Brown, Harris ’, Jennifer Lawless, ” Lawless, “ Harris, ” Clinton, “ She’s Organizations: NBC News, Trump, NBC, Democratic National Convention, Democratic, Republican, Minnesota Gov, University of Virginia, Center for American Women Locations: McDonald’s, Reno , Nevada, Decatur , Georgia, Savannah , Georgia, U.S, Illinois, California, San Francisco, Trump's, Fayetteville, N.C, Prescott , Arizona, Peoria , Arizona, Charlotte , North Carolina, North Korea, Pennsylvania, Michigan, Wisconsin, Ukraine, Pittsburgh, Vegas, Minnesota, United States of America, United States

The 2020 campaign may have also suffered from a lack of imagination about how big the turnout would be and what Democrats were doing in the courts to expand the vote, a Trump campaign adviser said. Other familiar names from 2020 election lawsuits have been spotted this year too. One is Karen DiSalvo, who after the 2020 election helped force an audit in Lycoming County, Pennsylvania. The RNC and Trump campaign have focused what they call their election integrity effort on 18 states including the key swing states. An RNC lawsuit in Michigan challenging voter registration procedures is one of the cases the firm has worked on.

Persons: WASHINGTON, Donald Trump’s, Alex Kaufman, Trump, Brad Raffensperger, Julie Adams, ”, Sophia Lin Lakin, “, Rudy Giuliani, John Eastman, Sidney Powell —, Joe Biden’s, Kaufman, Cleta Mitchell, Mitchell, ensnared Giuliani, Powell, Jenna Ellis, Kenneth Chesebro, Karen DiSalvo, Erick Kaardal, Kurt Olsen, Biden, Bruce Castor, Michael van der Veen, Christina Bobb, Biden’s, Gineen Bresso, ” Gates, Michael Whatley, Rick Hasen, Consovoy McCarthy, Jones, Don McGahn, Dhillon, Harmeet Dhillon, David Warrington, ” Marc Elias, Harris, Lakin Organizations: Republican, Georgia, Fulton County, Registration, Republican National Committee, RNC, American Civil Liberties Union, Raffensperger, Eastman, DeKalb County Republican Party, Dominion, Supreme, Trump, United Sovereign Americans, Fulton County Republican Party, Republicans, UCLA School of Law, NBC, Dhillon, Federal, Commission, U.S, Circuit, White, Capitol Locations: Georgia, Atlanta, Fulton, Pennsylvania, Lycoming County , Pennsylvania, DeKalb County, Texas, Arizona, Michigan, North Carolina, Mississippi

☆ Newest 'Queer Eye' Fab Five member Jeremiah Brent went from being homeless to a successful interior designer
▼ + stars: | 2024-10-25 | by ( Olivia Singh | ) www.businessinsider.com time to read: +5 min

Interior designer Jeremiah Brent will star in season nine of "Queer Eye," premiering in December. AdvertisementJeremiah Brent is a renowned interior designer, TV personality, author, podcaster, and now, one of the Fab Five on season nine of Netflix's "Queer Eye." After working as a styling associate for Zoe, Brent launched his own design firm, Jeremiah Brent Design (JBD), in 2011. Brent said there's 'no drama' with his 'Queer Eye' costarsBrent was already friends with "Queer Eye" fashion expert France prior to landing a spot on the show. In an interview with House Beautiful, published in March, Brent spoke positively about his experience with his "Queer Eye" costars.

Persons: Jeremiah Brent, Brent, Rachel Zoe Project, —, Bobby Berk's, Jonathan van Ness, Karamo Brown, Antoni Porowski, Tan, Kelly Clarkson, Oprah Winfrey, Drew Barrymore, Zoe, Stefanie Keenan, Rachel Zoe, Jeremiah Brent Design, He's, Nate Berkus, Berkus, Poppy, Oskar, there's, Berk, Porowski, I've Organizations: Service, Covenant, Covenant House, Entertainment, Netflix Locations: LA, Tan France, Las Vegas, Modesto , California, Los Angeles, Covenant House Los Angeles, California, Hollywood, NYC, Manhattan, surrogates, France, Porowski

☆ U.S. and Israeli negotiators to travel to Doha with hopes of resuming Gaza ceasefire talks
▼ + stars: | 2024-10-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Abigail-Williams-Circle-Byline-Template.Jpg | Abigail Williams | ) www.nbcnews.com time to read: +2 min

U.S. and Israeli negotiators will travel to Doha in the coming days, the top diplomats for U.S. and Qatar said Thursday, intending to resume long-stalled talks to reach a ceasefire deal and secure the release of hostages in Gaza. The announcement comes after Israeli forces killed Yahya Sinwar, the head of Hamas, earlier this month and the militant group continues its search for a new leader. Among the options is an Egyptian proposal, as previously reported by NBC News, for a two-week ceasefire in exchange for the release of six hostages. Qatari Sheikh Mohammed said there are ongoing discussions between Egypt and Hamas even today and he “hopes the discussions will yield something positive” for the talks that follow. Speaking from Doha, Blinken said the U.S. had seen Israel take some positive steps but it is not enough to get assistance to the borders of Gaza.

Persons: Yahya Sinwar, Biden, Sinwar, Antony Blinken, ” Blinken, Mohammed bin Abdulrahman, “, Sheikh Mohammed, Defense Lloyd Austin, Blinken, ” Organizations: U.S, Qatari Prime, NBC News, Defense, Israel, U.S . Locations: Doha, Qatar, Gaza, Mohammed bin Abdulrahman Al Thani, U.S, Egypt, Blinken, Israel

☆ TSMC chips reportedly ended up at Huawei. It raises concerns about 'shadow networks' bypassing US sanctions.
▼ + stars: | 2024-10-24 | by ( Huileng Tan | Beatrice Nolan | ) www.businessinsider.com time to read: +6 min

TSMC halted shipments to a client after its chips were found in Huawei products, per reports. Min-yen Chiang, a researcher, told BI it raises the questions about a "shadow network" of chip supply. TSMC, Huawei, and the Commerce Department did not immediately respond to Business Insider's requests for comments. Related storiesA 'shadow network' of chipsThe report adds to US concerns that Huawei is potentially obtaining advanced chips despite being blacklisted since 2020. "This question is slightly different than whether Huawei got restricted chips from TSMC through illegal channels," she told GZERO Media, a subsidiary of the Eurasia Group.

Persons: Chiang, —, TSMC, John Moolenaar, Moolenaar, Kate Leaman, Leaman, JW Kuo, Xiaomeng Lu, Lu Organizations: Huawei, Service, Taiwan Semiconductor Manufacturing Company, Huawei Technologies, AFP, Bloomberg, Chinese Communist Party, CCP, BIS, Commerce Department, US Commerce Department, Apple, Nvidia, Export, US Commerce, agency's Bureau of Industry, Security, Eurasia Group, GZERO Media Locations: Taipei

Michael Flynn speaking at a ReAwaken America Tour event in Manheim, Pennsylvania on October 21, 2022. But he is suing the ReAwaken America Tour and The America Project as part of separate defamation lawsuits. Funding a sham 2020 election auditFlynn’s efforts to cast doubt on the 2020 election results were only getting started when Trump left office. Clay Clark on stage at the final stop of the ReAwaken America Tour event 17 days before the 2024 election. ‘Don’t just finish on Election Day’Consequences have mounted for others who echoed Trump election lies during and after the election.

Persons: Donald Trump’s, Michael Flynn, Flynn, Eric Coomer, Coomer, ” Flynn, “, Chris Cuomo, Alex Jones ’, Rod, Trump, ”, Katy, ” Flynn –, –, MAGA, ‘, they’ve, Mark Peterson, Joseph, Mike Flynn, he’s, Olivia Troye, Mike Pence, Troye, ” Troye, Kamala Harris, Dominion —, “ Eric Coomer, Joshua Steinman, Sidney Powell, Rudy Giuliani, Josh, ” Powell, Joe Biden, Steinman, Guy, Michael Lindell, Patrick Byrne, they’re, Christopher Demspey, William Barr, Dominion, Powell, Donald, Tayfun, Jamie Raskin, ” Raskin, Joseph Flynn, Overstock.com, Byrne, Dempsey, ” Joseph Flynn, Michael Flynn’s, Joe Biden’s, Biden, Matt York, Doug Logan, Logan, won’t, Clay Clark, Clark, Carrie Schreck, Joe Oltmann, Oltmann, Eric ”, ‘ Don’t, Powell –, Jenna Ellis, Giuliani, retakes, Flynn’s, Elon Musk, We’ve Organizations: CNN, Dominion Voting Systems, Dominion, ReAwaken, Trump, Iron Ministries, Defense Intelligence Agency, Fox News, America, National Security Council, White, Lindell, ReAwaken America, The America, TAP, National, FBI, Justice Department, Department of Homeland, Defense, Capitol, Washington DC, Anadolu Agency, Getty, Democrat, Coomer, America Project, Veterans Memorial Coliseum, Colorado podcaster, Republican National Committee, Elon Locations: ReAwaken America, Pennsylvania, Manheim , Pennsylvania, Afghanistan, Russian, Washington, Arizona, Maricopa, Florida, Phoenix, Georgia, Oklahoma, Tulsa, ”, Fulton County, Georgia, New York, America, Selma , North Carolina

☆ The last mile of inflation is always more complicated: Standard Chartered's Viñals
▼ + stars: | 2024-10-24 | 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 last mile of inflation is always more complicated: Standard Chartered's ViñalsJose Viñals, group chairman at Standard Chartered, discusses the economic outlook and geopolitical risks with CNBC's Karen Tso at the IMF annual meetings in Washington, D.C.

Persons: Jose Viñals, Karen Tso Organizations: Standard Chartered Locations: Washington ,

☆ Union rank-and-file workers will vote for Trump, says Trump transition co-chair Howard Lutnick
▼ + stars: | 2024-10-24 | 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 EmailUnion rank-and-file workers will vote for Trump, says Trump transition co-chair Howard LutnickHoward Lutnick, Cantor Fitzgerald chairman and CEO, BGC Group CEO and chairman, Newmark Group chairman, and Trump-Vance 2025 transition team co-chair, joins 'Squawk Box' to discuss the state of the 2024 election, his support for former President Donald Trump, impact of Trump's tariff proposals, and more.

Persons: Trump, Howard Lutnick Howard Lutnick, Cantor Fitzgerald, Vance, Donald Trump Organizations: Union, Group, Trump

Clutching her jaw, Meliski said the water began rising after Chimney Rock had already been doused by an epic rainstorm. “They were so thick.”Teresa Cauthern, owner of the Chimney Rock Inn, shared with reporters footage of the raging river water ripping the deck off her property that she recorded just before she fled. Thus far in Chimney Rock, there has been only one confirmed death in the village — an older woman who refused to leave her home on the south side of town, officials said. O’Leary said he was away on vacation when the storm struck and when he finally made it back to Chimney Rock he found himself suddenly homeless. When the NBC News crew visited, Duncan was visibly frustrated with the Federal Emergency Management Agency’s response.

Persons: O’Leary, ” O’Leary, “, Stephen Duncan, ”, Barbara Meliski, Meliski, Teresa Cauthern, Helene, Duncan, ” Duncan, I’ll Organizations: NBC News, Federal Emergency Management, FEMA Locations: U.S, Rock, North Carolina, Duncan’s

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