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A growing number of wealthy Americans are making plans to leave the country in the run-up to Tuesday's election, with many fearing political and social unrest regardless of who wins, according to immigration attorneys. While talk of moving overseas after an election is common, wealth advisors said this time many of the wealthy are already taking action. Volek said that for the first time, wealthy Americans are far and away the company's largest client base, accounting for 20% of its business, or more than any other nationality. He said the number of Americans making plans to move abroad is up at least 30% over last year. A survey by Arton Capital, which advises the wealthy on immigration programs, found that 53% of American millionaires say they're more likely to leave the U.S. after the election, no matter who wins.
Persons: Robert Frank, We've, Dominic Volek, Volek, David Lesperance, Lesperance, it's Organizations: Henley & Partners, Associates, Arton
Tom Hanks said he is in "better shape" at age 68 than he was in his 30s. Hanks said that he found it hard to play the younger version of his character. AdvertisementTom Hanks said he's in "better shape" at age 68 than he was in his 30s, because he has more time to focus on his health than he did when he was raising a family. Hanks told Entertainment Tonight of the difficulties of playing the younger version of his character. Related Video"I think I'm in better shape now.
Persons: Tom Hanks, Hanks, , he's, Forrest Gump, Robert Zemeckis, Robin Wright, it's Organizations: Service, Entertainment, Radio Times
Watch Friday's full episode of Fast Money — November 1, 2024
  + stars: | 2024-11-01 | 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 Friday's full episode of Fast Money — November 1, 2024"Fast Money" is America's post-market show. Hosted by Melissa Lee and a roundtable of top traders, "Fast Money" breaks through the noise of the day, to bring you the actionable news that matters most to investors.
Persons: Melissa Lee
The CEO of Meta dressed up as Keanu Reeves' John Wick, complete with a wig, suit, and tie. "When your house full of girls decides to be ballerinas, be John Wick," he wrote on Instagram. "When your house full of girls decides to be ballerinas, be John Wick," Mark Zuckerberg, Meta CEO, wrote on Instagram on Thursday. In his post, Zuckerberg was photographed wearing a black suit and tie resembling the titular character from Keanu Reeves' "John Wick" film franchise. AdvertisementThere are four movies in the "John Wick" series, and it's grossed over a billion dollars at the worldwide box office.
Persons: Mark Zuckerberg, Meta, Keanu Reeves, John Wick, , Zuckerberg, Instagram, Priscilla Chan, Zuckerberg's, Harry Potter, Albus Dumbledore, Reeves, Ana de Armas, Chad Stahelski, David Leitch, they'd, Eva Longoria, Stahelski, BI's Jason Guerrasio Organizations: Service, Meta, Business, it's
Following Friday's trade, Jim Cramer's Charitable Trust will own 30 shares of BLK, increasing its weighting to 0.85% from 0.5%. Our CNBC Investing Club Reporter Morgan Chittum took a look at a few catalysts on the horizon that can keep BlackRock's earnings momentum going. Elsewhere, BlackRock's GIP deal also shows investors that the firm "got back on the front foot" in private markets growth, Evercore ISI said in a recent note. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer's, Morgan Chittum, Larry Fink, Fink, Biden, there's, Sudhir Nair, BlackRock's, Morgan Stanley, Jim Cramer, Jim Organizations: BlackRock, BLK, Devices, CNBC Investing, Catalyst, Global Infrastructure Partners, Biden Administration, Club, Microsoft, Preqin, Money, Federal Reserve, Boeing, CNBC Locations: BlackRock, U.S, Florida, Riyadh, Saudi Arabia
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEveryday investors buy Trump Media & Technology Group shares ahead of Election DayCNBC's Alex Harring reports on the spike in net inflows for Trump Media & Technology ahead of the 2024 presidential election.
Persons: Alex Harring Organizations: Trump Media & Technology Group, Trump Media & Technology
Despite a somewhat mixed quarterly report, analysts on Wall Street are sticking by Apple . Goldman Sachs reiterates buy rating and $286 price target Analyst Michael Ng's forecast implies about 27% upside from Thursday's close. UBS stays neutral on Apple stock over 'muted' iPhone demand outlook The firm's $236 per share price target calls for about 4% upside. Bank of America remains unchanged with $256 per share target price Analyst Wamsi Mohan reiterated a buy rating on Apple. "With iPhones likely flat to modestly up into Dec, we expect iPhone growth to improve through F25 and beyond."
Persons: Tim Cook, Goldman Sachs, Michael Ng's, Ng, Morgan Stanley, Erik Woodring, Woodring, qtr, David Vogt, Wamsi Mohan, Mohan Organizations: Apple, CNBC, Wall, Apple Intelligence, UBS, Bank of America Locations: CY25
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The 12-month inflation rate was 2.1%. The core inflation rate, which excludes food and energy prices, came in at 2.7%. Big Tech drags down marketsMajor U.S. indexes slumped on Thursday, weighed down heavily by losses in Big Tech shares.
Persons: Dow Jones, Europe's, Jesse Pound Organizations: CNBC, U.S . Commerce Department, Big Tech, U.S, Apple, Amazon, Boeing, Bank of America Locations: U.S, Cupertino
Expect the unexpected in the jobs report
  + stars: | 2024-11-01 | by ( Alicia Wallace | ) edition.cnn.com   time to read: +11 min
In any other month, the finishing touch would be a clean reading on the labor market from the official jobs report. However, a common thread among economists is that the strikes and hurricanes could take a 100,000-job bite out of the October jobs report. The last time there were back-to-back major hurricanes — Harvey and Irma in 2017 — the forecasts for the following month’s jobs report were for a loss of 33,000 positions. And each contribute to two of the biggest numbers in the monthly jobs report. A key date to keep in mind for the jobs report is October 12, as it anchors the “reference period” for both surveys.
Persons: , Claudia Sahm, “ It’s, That’s, aren’t, FactSet, Joe Brusuelas, — Harvey, Irma, Sahm, Oliver Allen, Milton, , Harris, Kamala Harris, Donald Trump’s, We’re, Biden, Jared Bernstein, Joe Biden’s, Organizations: CNN, Boeing, Reserve, New Century Advisors, Labor, Survey, Bureau of Labor Statistics, of Labor, Challenger, ADP, BLS, RSM, Pantheon Macroeconomics, Republicans, The New York Times, Siena College, Associated Press Locations: Washington and Oregon
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUnderlying foundation of earnings is still favorable, says Truist's Keith LernerKeith Lerner, Truist co-chief investment officer, joins 'Power Lunch' to discuss the market reaction to today's jobs report.
Persons: Truist's Keith Lerner Keith Lerner, Truist
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Friday's full episode of the Halftime Report — November 1, 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
The fee turned up in September 2019, after Trump placed 25% tariffs on steel, and hasn't gone away since. Small-business owners have already been facing tariffs on billions of dollars of goods, most of them from China, implemented by Trump in 2018. So far, the tariffs in force under both White Houses have cost Americans $79 billion, the nonpartisan Tax Foundation estimated this summer. The nation's roughly 33 million small businesses employ nearly half the nation's workers and generate more than 43% of the gross domestic product, the U.S. Chamber of Commerce estimates. "Whether we like it or not, Asia is the bike manufacturing hub of the world," said Zagata, who raised prices by between 18% and 22% after the Trump tariffs took hold.
Persons: Donald Trump, Chris Smith, Trump, hasn't, Smith, Biden, , who've, Erica York, they're, Jonathan Gold, Gold, they've, Ryan Zagata, Zagata, he'd, Felix Tintelnot, Trump's, Brian Hughes, Nichole MacDonald, MacDonald, Kamala Harris, it's, Sara Hauman, isn't, doesn't Organizations: Albuquerque, Virginia Beer Co, Constellation Brands, Corona, Trump, Foundation, Tax, National Retail Federation, U.S . Chamber, Commerce, Brooklyn Bicycle Co, GOP, Duke University Locations: Albuquerque , New Mexico, Williamsburg , Virginia, U.S, China, Modelo, Mexico, New York City, Asia, York, Germany, Diego, India, America, Portland , Oregon, West Coast
All three titles are expected to thrive at the box office, both during their openings and as they run through the rest of the year. The physical screens are often bigger than traditional movie screens or have auditoriums that feature higher-quality sound systems or seating options. These screens account for 9.1% of the domestic box office, around $600 million in 2024. PLF receipts still represent a small portion of the overall box office, with most audiences seeing films on traditional digital screens. However, it's no small feat that PLF box office has grown 33% in just five years.
Persons: Shawn Robbins, Lars Niki, Paul Dergarabedian, Steve Buck, Buck, Oppenheimer, Adam Jeffery Organizations: Paramount, Disney, Hollywood, Getty, National Association of Theatre, Warner Bros, CNBC Locations: New York City, North America, Square, NYC
As many as 8,000 North Korean troops are being deployed to Kursk, US officials said on Thursday. "If these North Korean troops engage in combat or combat support operations against Ukraine they would make themselves legitimate military targets." "One of the reasons that Russia is turning to these North Korean troops is that it's desperate," Blinken said. Now he's turning to North Korean troops. AdvertisementSouth Korean President Yoon Suk-yeol's administration has considered sending teams to observe North Korean troops in Ukraine, which it says will not require parliamentary consent.
Persons: they're, Antony Blinken, , Blinken, Lloyd Austin, Austin, Volodymyr Zelenskyy, Vladimir Putin's, Putin, they've, Yoon Suk Organizations: US, Service, Kyiv, Ukrainian, South, State Department, North Korea, North, Ukraine, Pentagon, Austin, Research, South Korean Legislative, Russia's Ministry of Defense, Business Locations: Kursk, Russia, Ukraine, Washington, Pyongyang, Moscow, North Korea, South Korea, Poland, Seoul
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . With Harris, the corporate tax rate is top of mind for business leaders. Harris is looking to raise the corporate tax rate to 28% from 21%, a move Bank of America estimates could lead to a 5% hit to earnings . Bolten said leaders' concerns don't stem from wanting to keep taxes low to reward themselves and their shareholders. In the five years before 2017's tax reform, 27 substantial US companies relocated their headquarters outside the US due to the tax rate, Bolten said, while there have been zero since the tax cut.
Persons: , Harris, Kamala Harris, Donald Trump, Joshua Bolten, Trump's, Bolten, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Ella Hopkins, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Bank of America Locations: United States, New York, London
Shifting to a skills-first hiring approach diversifies talent pools and improves job matching, helping find the best candidates for the job. AI tools like Indeed Smart Sourcing can help put the focus on candidates' skills to streamline sourcing and reduce hiring time. Amid rapid technological advancement across industries, employers' hiring needs are changing, requiring them to bring the right talent on board quickly. The skills-first hiring approach can also ultimately help employers reduce both the time and costs associated with hiring, especially when supported by AI. As hiring needs continue to evolve, making the hiring process easier with AI helps companies better plan and staff for the future.
Persons: Donal McMahon, Chris Hyams Organizations: Employers, Harvard, Insider Studios
Season eight is special for another reason — it will premiere on the fifth anniversary of the "Love Is Blind" franchise in February 2025. We have a few months of wait time, but here's everything we know about "Love Is Blind" season eight. Related Video How Guillermo del Toro's 'Pinocchio' created its expressive stop-motion animationThe 'Love Is Blind' season 8 premiere date and location have already been announcedNick Lachey and Vanessa Lachey during the "Love Is Blind" season seven reunion. Related storiesViewers already got a preview of the 'Love Is Blind' season 8 cast"Love Is Blind" season eight stars Alex, Brittany, and Joey in the crowd during the season seven reunion. For the first time ever, Netflix revealed some of the season eight cast members at the season seven reunion.
Persons: Alex, Brittany, Joey —, , It's, Guillermo del Toro's, Nick Lachey, Vanessa Lachey, Joey, Terence Patrick, Paul — Organizations: Service, Netflix, Washington DC Locations: Minneapolis, Washington, Chicago, Japan, Brazil, Minneapolis , Minnesota
But the true implications for investors monitoring the election may lie in which party controls Congress, rather than who will sit in the White House. .SPX YTD mountain S & P 500 The importance of whichever party controls Congress was highlighted by Trump's recent trips outside battleground states such as New Mexico , a state that hasn't voted for a GOP presidential nominee in roughly 20 years. On the other hand, Evercore ISI's Emanuel expects a Harris victory, with a Democratic sweep of Congress, could result in the S & P 500 falling to roughly 5,700. The S & P 500 slid 1%, while the Nasdaq dipped 0.5%. Earnings season continues with about 100 S & P 500 companies confirmed to report.
Persons: Donald Trump, Kamala Harris, Trump, Nanette Abuhoff Jacobson, I'm, Abuhoff Jacobson, hasn't, Brian Burrell, Jay Hatfield, Harris, Hatfield, Evercore ISI's Julian Emanuel, Evercore ISI's Emanuel, Jerome Powell's, Ralph Lauren, Warner, Alex Harring Organizations: NBC, Congress, House, Democratic, Republican, Hartford Investments, GOP, Thornburg Investment Management, Infrastructure Capital Advisors, Senate, Wednesday, Regional Banking, Treasury, Federal Reserve, Dow Jones, Nasdaq, National, Marriott International, Diamondback Energy, Wynn Resorts, Palantir Technologies, NXP Semiconductors, PMI, PMI Services, Services PMI, Petroleum, Brands, Technology, Computer, CVS, Howmet Aerospace, Gilead Sciences, Labor, Consumer, Moderna, Molson Coors Beverage, Halliburton, Hershey Co, Warner Bros, Expedia, Akamai Technologies, Paramount Locations: New Mexico, Albuquerque, Santa Fe , New Mexico, Hartford, Albemarle, Qualcomm, Michigan
Tony Fadell said Apple's staggered rollout of its AI features is smart. Apple Intelligence features became available Monday with iOS 18.1. Apple's AI features launched on iPhones with the release of iOS 18.1 on Monday. "People were like, 'I downloaded it,' and they were like, 'Apple's AI is meh,'" Fadell said. AdvertisementDuring Apple's earnings call on Thursday, CEO Tim Cook talked more about Apple's AI strategy, which plans to release additional Apple Intelligence features in December.
Persons: Tony Fadell, Fadell, Apple's, , Apple, Siri, Tim Cook, Cook Organizations: Apple Intelligence, Service, Apple, Google, Microsoft, Big Tech, Constellation Energy, Amazon, Amazon Web Services Locations: SMRs, Australia, Canada, Ireland, New Zealand
CNN —Donald Trump said former Rep. Liz Cheney is a “war hawk” who should be sent into the line of fire, as he raged against one of his most prominent intra-party critics while campaigning Thursday night in Arizona. Let’s put her with a rifle standing there with nine barrels shooting at her, OK?” Trump said. She played a leading role on the House select committee that investigated the attack, and later was ousted from her deep-red Wyoming House seat by a Trump-backed primary opponent in 2022. In recent weeks, Cheney has campaigned alongside Vice President Kamala Harris, urging Republicans to set aside party differences to back the Democrat and reject a candidate she says poses a threat to democracy. “I don’t blame him for sticking with his daughter, but his daughter’s a very dumb individual — very dumb,” Trump said.
Persons: Donald Trump, Liz Cheney, , Cheney, Tucker Carlson, , Let’s, ” Trump, ” Cheney, Kamala Harris, Trump, Dick Cheney, Harris, Cheney’s, Scooter Libby, they’re, , ’ ” Organizations: CNN, Republican, Fox News, Trump, Wyoming Republican Locations: Arizona, Glendale, Wyoming, Washington
CNN —Talented though they may be, monkeys will never type out the complete works of William Shakespeare, or even a short book, a new study suggests. The Infinite Monkey Theorem is a famous thought experiment that states that a monkey pressing random keys on a typewriter would eventually reproduce the works of the Bard if given an infinite amount of time and/or if there were an infinite number of monkeys. However, in the study published in the peer-reviewed journal Franklin Open, two mathematicians from Australia’s University of Technology Sydney have rejected this theorem as “misleading” within the confines of our finite universe. They challenged it by looking at the Finite Monkeys Theorem, in which there is a finite amount of time and a finite number of monkeys. “By the time you’re at the scale of a full book, you’re billions of billions of times less likely,” he continued.
Persons: William Shakespeare, Bard, Stephen Woodcock, , Woodcock, Jay Falletta, George, ” Woodcock, Chris Banerji, Alan Turing, Banerji, ’ ”, Bard ‘ Organizations: CNN, Franklin, Australia’s University of Technology Sydney, University of Technology, Alan, Locations: University of Technology Sydney, London
Heidi Klum has thrown a Halloween party nearly every year since 2000. We ranked her 24 costumes based on creativity, execution, and overall aesthetics. Since 2000, she has thrown an annual Halloween party, excluding 2012 and 2020, and is known for going all out with over-the-top costumes. In fact, this year's ET costume took a full 12 months to create and 30 FX artists, Vogue reported. Here's every Halloween costume the model has ever worn, ranked — in our opinion — from worst to best.
Persons: Heidi Klum, , Klum Organizations: Service, Vogue
CNN —A headset worn at home that zaps the brain with the energy of a 9-volt battery could help relieve symptoms of depression, a new study shows. Rebalancing brain activity in depressionThe device is available in the UK, Norway, Hong Kong and countries in the EU. Studies show that people with depression tend to have less brain activity than normal in the dorsolateral prefrontal cortex and more brain activity than normal in the ventromedial prefrontal cortex. A ‘spicy’ sensation with brain benefitsLeana De Hoyos, a 34-year-old mother of two who lives in Houston, was one of the study participants. Helping people use brain stimulation at homeFu says that when her team started looking at transcranial direct current stimulation for depression, they first reviewed the medical literature.
Persons: , Rodrigo Machado, Vieira, Machado, It’s, it’s overactive, Daniel Mansson, Cynthia Fu, Fu, Leana De Hoyos, De Hoyos, didn’t, ” De Hoyos, I’m, you’ve, , , ” Fu, Dr, Sanjay Gupta, “ We’re, Mansson, hasn’t Organizations: CNN, Nature Medicine, Therapeutics, US Food and Drug Administration, Neuroscience, King’s College London, CNN Health, Locations: UTHealth, Norway, Hong Kong, Swedish, United States, Houston, Europe
The life of the marigold, known as the cempasúchil in Mexico, reflects our own: the plant sprouts, grows, flowers and dies. The flowers’ yellow and orange glow is ubiquitous across Mexico every year in the first few days of November, during Day of the Dead, as families place cempasúchil flowers on altars and at cemeteries to create a path to guide their loved ones back home. My grandmother died of Covid in October 2020, just as the cempasúchil began to appear in the markets of Mexico City. A few days later, my cousin Gabriel, who lived with my grandmother, went to buy the materials for her first altar. Did they have the chance to celebrate their loved ones?
Persons: Covid, Gabriel Locations: Mexico, Mexico City, Covid
Russia faces a crisis whether it continues the war or not, economist Alexander Mertens says. War spending has been a major boost to Moscow's GDP growth and wealth, and ending the war will be tricky. If Russia continues the war, the economy looks on track for a "severe recession" and long-running stagnation, Mertens said. "The current state of the Russian economy is far from critical but it does present Putin with a dilemma. The Russian economy is not yet close to collapse, but it is increasingly dependent on wartime conditions and faces growing risks of overheating."
Persons: Alexander Mertens, , Vladimir Putin, Mertens, Merten, Putin, That's Organizations: Service, Kyiv's International Institute of Business, Ukraine, Atlantic Council, Russian National Welfare Fund, Kremlin, International Monetary Fund Locations: Russia, Ukrainian, Ukraine
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