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☆ 4 major wins for YIMBYs on election night — and one loss
▼ + stars: | 2024-11-06 | by ( Eliza Relman | ) www.businessinsider.com time to read: +8 min

Many of the efforts were focused on allocating more funds for affordable housing. They voted for a slew of measures, most of which will create additional funding for affordable housing. Affordable housing bonds in Rhode Island, North Carolina, and BaltimoreSeveral cities and states along the East Coast voted on Tuesday to fund affordable housing bonds. Proponents of stricter rent control say preventing landlords from price gauging is key to protecting the most vulnerable tenants. Freemark argued that it's unclear what the mixed results on rent control mean for the pro-housing movement.

Persons: —, Donald Trump's, Yonah, Karen Bass, Angelenos, Charlotte, Hill, Anselmo —, Freemark, I'm Organizations: Service, Trump, Republican Party, Urban Institute, LA, East Coast, Orlando In, Denver Locations: Angeles, Los Angeles County, LA, Rhode Island , North Carolina, Baltimore, Rhode Island, homebuyers, North Carolina, Asheville, New Orleans, Orlando, Orlando In New Orleans, Orlando , Florida, Denver, California, Hoboken , New Jersey

☆ Elon Musk wins big by betting on Trump
▼ + stars: | 2024-11-06 | by ( Ana Altchek | ) www.businessinsider.com time to read: +6 min

Elon Musk used his money, power, and influence to help reelect former President Donald Trump. Musk has spent months strengthening his ties to Trump, using his platform on X to advocate for him and investing over $130 million in pro-Trump efforts. Some suggested Musk's actions might be a risk-hedging strategy to secure Trump's backing if he wins. AdvertisementWhat a Trump win means for Musk's business empireAside from direct influence within the government, a Trump presidency could lead to a lot of wins for Musk's business empire, which includes Tesla, SpaceX, The Boring Company, Neuralink, and X. Coglianese said Musk was also "banking on a president who will want to or be willing to repay Musk for his loyalty."

Persons: Elon Musk, Donald Trump, Trump, Musk, —, Elon, Cary Coglianese, Erik Gordon, Gordon, Francesco Trebbi, Karoline Leavitt, Coglianese, it's, Carl Icahn, Icahn, Joan MacLeod Heminway, Heminway Organizations: Service, Trump, Business, Penn, University of Pennsylvania, University of Michigan's Ross School of Business, Department of Government, Securities and Exchange Commission, Twitter, SpaceX, The Boring Company, Tesla, University of California, Department of Defense, Environmental Protection Agency, University of Tennessee Locations: Pittsburgh, Pennsylvania, Texas, California, University of California Berkeley

☆ Elon Musk bet big on Trump. Here’s what he stands to gain — and lose — from his win
▼ + stars: | 2024-11-06 | by ( Chris Isidore | ) edition.cnn.com time to read: +9 min

New York CNN —No single business leader did more to support former President Donald Trump’s candidacy than Elon Musk. Musk has donated nearly $119 million so far to a political action committee he set up to support Trump, according to Federal Election Commission filings. Elon Musk steps onto stage as Republican presidential nominee, former President Donald Trump addresses a campaign rally in Butler, Pennsylvania on October 5. It will only help Tesla,” Musk posted on X in July. It’s not likely Trump would want to cut that support, and the promise of jobs in those states, even if they will eventually provide competition for Musk and Tesla.

Persons: Donald Trump’s, Elon, Trump, Musk, He’s, ”, Daniel Ives, Tesla, Kamala Harris, “, Biden, Elon Musk, Donald Trump, Anna Moneymaker, he’s, ” Musk, Ives, ” Ives, It’s, Jim Farley, Jeff Schuster, we’re, Jade Gao Organizations: New, New York CNN, Trump, Wedbush Securities, SpaceX, —, Treasury Department, Republican, EV, Tesla, EPA, Industry, Getty, Boeing, NASA, International Space Locations: New York, Tuesday’s, America, United States, Butler , Pennsylvania, Trump’s, Europe, Asia, California, China, Shanghai, Beijing, AFP, Tesla

☆ Trump’s victory could mean US withdraws support for Ukraine in war with Russia
▼ + stars: | 2024-11-06 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +6 min

CNN —With the reelection of Donald Trump, Ukraine may soon have to adjust to a dramatic reduction in US support that could have a decisive impact on the war with Russia. Moreover, Trump has made comments that suggest the US could pressure Ukraine into an uneasy truce with Russia. Presidential Office of Ukraine/dpa/APTrump has repeatedly praised Putin – and repeatedly criticized Ukrainian President Volodymyr Zelensky, with whom he has a complicated history. We rely on continued strong bipartisan support for Ukraine in the United States,” Zelensky wrote in a social media post. Former President Trump and Ukrainian President Zelensky sit down for a meeting in New York on September 27, 2024.

Persons: Donald Trump, JD Vance, Trump, Trump’s, Vladimir Putin, Oleksandr Syrskyi, Biden, Roman Pilipey, Volodymyr Zelensky, Putin –, Zelensky, ” Zelensky, ” Trump, Putin, we’re, ”, “, – it’s, Alex Kent, “ Trump, Trump “ Organizations: CNN, Republican, Ukraine’s, North Korean, Ukraine, Trump, Getty, Scranton Army, Presidential, AP Trump, Russia, Former, South, KBS, NATO, US Locations: Ukraine, Russia, Kyiv, Russia’s Kursk, Donetsk, AFP, Scranton, Scranton , Pennsylvania, United States, America, Moscow, New York City, New York

☆ Gold holds steady as market awaits U.S. election outcome
▼ + stars: | 2024-11-06 | by ( ) www.cnbc.com time to read: +2 min

Gold held steady on Wednesday as investors keenly awaited the outcome of a tightly contested U.S. presidential race. Spot gold held its ground at $2,745.42 per ounce, as of 0218 GMT. Gold is considered a hedge against geopolitical and economic uncertainties and tends to thrive in a low-interest-rate environment. Elsewhere, Perth Mint reported a decline in October gold sales, while silver sales slipped to their lowest in four months. Spot silver fell 0.53% to $32.49 per ounce, platinum shed 0.6% to $993.45 and palladium was down 2.17% to $1,052.25.

Persons: Gold, Republican Donald Trump, Kamala Harris, Kyle Rodda, Jerome Powell's, Matt Simpson Organizations: Republican, D.C, Edison Research, Federal Reserve, Trump, Traders, Perth Mint Locations: Istanbul, Tuesday's U.S, Washington

☆ What Trump's election to the White House could mean for EVs
▼ + stars: | 2024-11-06 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT – President-elect Donald Trump's victory over Vice President Kamala Harris is expected to send the U.S. electric vehicle industry into a period of uncertainty. Republicans, led by the former president, have largely condemned EVs, claiming they are being forced upon consumers. Several people said they would expect Trump to target federal consumer credits that currently offer up to $7,500 for the purchase of an EV rather than target industrial production credits for companies. "It has some really good things in it that I think Republicans and Democrats will like." Many of the investments into EV production under the IRA having been taking place in Republican states such as Ohio, South Carolina and Georgia.

Persons: Donald Trump's, Kamala Harris, EVs, Trump, David Rubenstein Organizations: GM, DETROIT –, U.S, Environmental Protection Agency, Biden, Auto, Trump, The Carlyle Group, CNBC Locations: Detroit, Hamtramck, Ohio, South Carolina, Georgia

☆ The world prepares for a fresh era of tariffs under Trump 2.0
▼ + stars: | 2024-11-06 | by ( Polly Thompson | ) www.businessinsider.com time to read: +7 min

During his first term, Trump imposed tariffs on key industries in both Europe and China. AdvertisementThis time around, analysts told BI that Trump's policies could have a particular impact on Europe. Related storiesEurope is particularly vulnerable to Trump's aggressive trade policies for two main reasons, said Nigel Green, CEO of financial advisory firm deVere Group. AdvertisementDonald Trump met European Commission President Ursula von der Leyen at the World Economic Forum in Davos in 2020. Steven Kennedy, the most senior civil servant in Australia's Treasury department, said Wednesday he expected Trump's tariffs to impact the country's economy.

Persons: Donald Trump's, Trump, —, Donald Trump, Bilal Hafeez, Nigel Green, Green, Morningstar, Trump's, Michael Brown, Ursula von der Leyen, JIM WATSON, Steven Kennedy, Kennedy, Fitch, Latinvex Organizations: Service, European Union, Macro, Economic, of Chicago, Street Journal, deVere, Pharmaceuticals, Morningstar DBRS, Trump, stoke, European, Getty, European Commission, Treasury, News.com.au Locations: Europe, China, Ukraine, Davos, Australasia, Latin America, America, Mexico

☆ The trader guide to the election: Which stocks Wall Street expects to benefit under Trump or Harris
▼ + stars: | 2024-11-05 | by ( Fred Imbert | ) www.cnbc.com time to read: +10 min

Generally, a Trump win is seen as positive for financials given a higher likelihood of deregulation for companies in the space. Traditional oil and gas names are also likely to benefit under a second Trump presidency. One is made up of stocks that benefit after a Harris win; the other would outperform under a second Trump presidency. However, a Harris win is expected to keep current regulation measures in place, and possibly introduce new ones. Private equity giants KKR and Blackstone would also benefit under a Trump win.

Persons: Kamala Harris, Donald Trump, Paul Gallant, Cowen, Gallant, Harris, Goldman Sachs, Daniel Clifton, Strategas, Andrew Garthwaite, Trump, Garthwaite, TAN, we've, Biden, Wells, Ike Boruchow, Boruchow, —, Russell, Joe Biden, Morgan Stanley, Crypto, isn't, Nic Puckrin, bitcoin, Marcelli, Financials, Wolfe, Chris Senyek, Lazard Organizations: Congress, U.S ., Trump, U.S . Trump, GOP, Democratic, CNBC Pro, Wall, Strategas, Enterprise, of America, Ford, UBS, Apple, Enphase Energy, Technologies Enphase, Exxon Mobil, Chevron, Trump Media & Technology, Trump Media, Cadence Bank, Viking Therapeutics, Bureau, CNBC, Wolfe Research, Lazard, Private, KKR, Blackstone, Evercore Locations: Washington, of America Cleveland, Cleveland, China

☆ Parts supplier cuts thousands of jobs as Germany's auto woes deepen
▼ + stars: | 2024-11-05 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Thousands more jobs are under threat in Germany's beleaguered automotive industry. Parts supplier Schaeffler said it would cut thousands of jobs for a net reduction of about 3,700 workers. Union officials said Volkswagen plans to shut factories in Germany for the first time. AdvertisementGermany's auto industry is under intense pressure — and now thousands of jobs will go at a key company in the supply chain. Auto parts supplier Schaeffler said on Tuesday it would cut about 4,700 jobs across Europe and close two of its 10 locations in Germany.

Persons: Schaeffler, —, Klaus Rosenfeld, Schaeffler's, Mercedes, BYD Organizations: Service, VW, BMW, Mercedes, Benz, Volkswagen, EV, EVs Locations: Germany, Europe, Frankfurt, Europe's, China, Hungary, Turkey

☆ Solar stocks tumble overnight as Trump leads in election results
▼ + stars: | 2024-11-05 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Solar stocks sold off overnight as investors see Donald Trump leading in the U.S. presidential election. Solar stocks are falling on fears that a possible Trump victory would spell trouble for the Inflation Reduction Act, which has fueled a clean energy boom in the U.S. through tax credits to expand solar energy. The benchmark Invesco Solar ETF was down 7% in overnight trading on brokerage Robinhood. The solar panel manufacturer First Solar tumbled 8% overnight. Residential solar stocks Sunrun and Sunnova fell 6% and 2.6%, respectively.

Persons: Donald Trump, Trump, Sunnova, Nextracker, Joe Biden's, Kamala Harris, Jen O'Malley Dillon Organizations: U.S, Green New, NBC News, Trump, Republicans Locations: U.S, North Carolina, Pennsylvania, Michigan, Wisconsin

Saudi state oil giant Aramco reported a 15.4% drop in net profit in the third-quarter on the back of "lower crude oil prices and weakening refining margins," but maintained a 31.05 billion dividend. The company reported net income of $27.56 billion in the July-September period, topping a company-provided estimate of $26.9 billion. The print is also a 5% drop from the previous quarter, which came in at $29.1 billion, as lower global oil prices, weaker demand and prolonged OPEC+ production cuts led by Saudi Arabia continue to impact crude prices. Earnings before Interest and Taxes (EBIT) came in at $51.45 billion in the third quarter, down 17% year-on-year. The earnings align with a broader trend across oil majors, whose third-quarter profits have also suffered from declines in crude prices and refining margins.

Organizations: Aramco, Al Locations: Saudi, Saudi Arabia, Al Rajhi, OPEC

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

In late-September reports, strategists at J.P. Morgan and Fitch Ratings had predicted two additional interest rate trims by the end of 2024 and expect such reductions to continue into 2025. The CME Group's FedWatch tool puts the probability of a 25-basis-point cut at this week's November meeting at 98%. The current probability of the benchmark rate being taken down by another 25 basis points at the December meeting is 78%. "The end of financial repression, of zero interest rates and zero inflation, that era is over. Interest rates will be higher, will be challenged around the world.

Persons: Brendan McDermid, Saudi Arabia —, aren't, Morgan, CNBC's Sara Eisen —, Goldman Sachs, Carlyle, Morgan Stanley, Jenny Johnson, Franklin Templeton, Larry Fink, " Fink, David Solomon, Ted Pick, Pick, Francis Fukuyama Organizations: New York Stock Exchange, Reuters, Wall, Federal Reserve, Fed, Fitch, Saudi, Future Investment Initiative, Standard Chartered, CNBC, U.S . Bureau of Labor Statistics Locations: Reuters RIYADH, Saudi Arabia, U.S, BlackRock

☆ Buy steel stocks if Trump wins or clean energy plays if it's Harris, says JPMorgan
▼ + stars: | 2024-11-04 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +5 min

Steel stocks would likely outperform under if former President Donald Trump returns to the White House, while clean energy providers might rally if Vice President Kamala Harris captures the presidency, according to JPMorgan. Clean Energy In the same 14-page report, JPMorgan shared the name of specific companies that are likely to benefit should either candidate prevail. Steel and aluminum Conversely, Peterson is bullish on steel and aluminum companies if former President Trump gets a second term. Shares of steel producer Nucor have tumbled nearly 18% in 2024 but could bounce back under a Trump victory, according to JPMorgan. Other potential winners under a Trump presidency include aluminum producer Kaiser Aluminum and rare-earth materials processor MP Materials , said JPMorgan.

Persons: Donald Trump, Kamala Harris, Harris, Bill Peterson, Peterson, EBITDA, William Grippin, Trump, Morgan Stanley, Carlos De, Martin Englert Organizations: White, JPMorgan, Trump, EV, Department of Energy's, Office, Democratic, UBS, DOE, Power, Energy, Republican, Steel, Nippon Steel, U.S . Steel, Seaport Research Partners, Aluminum Locations: Los Angeles, adj, 2H25, Charlotte, Cleveland

☆ Sugar in the first 1,000 days after conception linked to health issues later in life, study says
▼ + stars: | 2024-11-04 | by ( Sam Tupper | ) edition.cnn.com time to read: +5 min

The researchers found that reducing sugar consumption in this window decreased the type 2 diabetes risk by about 35% and the risk of high blood pressure by roughly 20%. The research team looked at data from before and after the end of the United Kingdom’s World War II-era sugar rationing in September 1953. When the rationing of sugar and sweets ended in September 1953, the average adult’s daily sugar consumption in the UK nearly doubled almost immediately, from about 40 grams to 80 grams. Corkins says one way for parents to reduce sugar consumption in young children is to change their own habits. The key is practicing moderation when consuming sugary foods.

Persons: ”, Tadeja Gracner, Mark Corkins, ” Corkins, “ We’re, Gracner, ” Gracner, Dr, Sanjay Gupta, Corkins, “ Organizations: CNN, Science, United, Center for Economics, Social Research, University of Southern, University of Tennessee Health Science Center, US Centers for Disease Control, CNN Health Locations: University of Southern California

For many Americans, the most important focus heading into a presidential election is how the winner will impact their wallet. Related storiesFor drug prices, Harris has promised to expand two provisions in the Inflation Reduction Act, allowing Medicare to negotiate the prices of some drugs. HarrisHarris' planned policy includes the construction of 3 million new housing units, as well as an expansion to the Low-Income Housing Tax Credit. TrumpTrump has also proposed expanding the child tax credit, which currently provides up to $2,000 per child. In August, the vice presidential candidate JD Vance floated a child tax credit proposal that would include $5,000 per child for families of all income levels.

Persons: Harris, Trump, Trump's, Joe Biden's, Biden, Trump Trump, — Trump, Harris Harris, —, Vance, hasn't Organizations: Trump, Federal Reserve, White, Trump Trump Locations: Americas

☆ More homeowners just started pulling cash out of their properties. Here's why.
▼ + stars: | 2024-11-04 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

U.S. homeowners are sitting on a record amount of equity, but higher interest rates over the past two years have made them reluctant to tap into it. While mortgage rates don't exactly follow the Fed's rate, home equity lines of credit, or HELOCs, are tied to it. "Over the past 10 quarters homeowners have extracted $476B in equity, exactly half the extraction we'd expect to see under more normal circumstances. Homeowners tend to use equity for home repairs, renovation projects and large expenses, such as college tuition. More supply is coming on the market, and primary mortgage rates are higher than they were over the summer.

Persons: Andy Walden, Walden Organizations: Los Angeles , California ., ICE Mortgage Technology, Federal Reserve, Fed Locations: Chatsworth, Los Angeles , California, Los Angeles , California . U.S

☆ Tesla, Alphabet or GM? A breakdown of the autonomous driving battle and how to trade it
▼ + stars: | 2024-11-04 | by ( Michael Khouw | ) www.cnbc.com time to read: +12 min

Autonomous driving is at a pivotal juncture, with several companies vying for leadership in a sector that promises to revolutionize transportation. While Tesla (TSLA) has dominated the autonomous vehicle headlines with its Full Self-Driving (FSD) system, it may not be the best autonomous driving investment. Waymo: A leader in the autonomous race Waymo, a subsidiary of Alphabet , has long been a frontrunner in the autonomous driving sector. Tesla's FSD software relies primarily on optical cameras, supported by advanced AI algorithms to interpret the road environment. The value autonomous driving adds to stock Currently, Alphabet, GM, and Tesla are not generating meaningful revenue from autonomous driving or robotics technology.

Persons: GM's, Google's Waymo, Waymo, Tesla's, Cruise, Mary Barra, Elon Musk, Tesla, AVs, GM's supercruise, TSLA, Price, Mary Barra's Organizations: General Motors, PACE, Hyundai, Federal Motor Vehicle Safety, Cruise, Cruise's, National, Traffic Safety Administration, Ford, Elon, GM's, Tesla, GM, CNBC, NBC UNIVERSAL Locations: Phoenix, Los Angeles, AVs

☆ Here's a final breakdown of how both presidential candidates might affect your finances
▼ + stars: | 2024-11-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, a final look at the impact a Harris or Trump presidency will have on your finances . The big storyThe White House and your walletGetty Images; Jenny Chang-Rodriguez/BIOn the eve of election day, we're offering a final breakdown of how both candidates might affect your wallet. Let's get into it:Investing : The corporate tax rate is the major difference between the two sides that'll likely have the biggest impact on markets. Harris wants to raise the corporate tax rate, which would likely have the opposite effect. Cost of things : Both candidates are looking to keep leveraging tariffs, but Trump's policy is much more aggressive.

Persons: —, Harris, Trump, let's, Jenny Chang, Rodriguez, Kamala Harris, Donald Trump, Let's, she's, Mario Tama, Peacock, Chip Somodevilla, Dow, BI's Emma Cosgrove, Siri, We've, Montana Sen, Jon Tester, Colin Allred, Carl Godfrey, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Ella Hopkins, Amanda Yen, Milan Sehmbi Organizations: Business, Service, BI, . Tech, Nvidia, Intel, Dow Jones, Trump, Mario, Fed, Street, CNBC, MSNBC, NBC, Apple Intelligence, WWDC, Apple, Democratic, Texas Rep, Fox Corp, Goodyear, Marriott Locations: Trump, New York, London

☆ Stock futures are flat as Wall Street readies for presidential election: Live updates
▼ + stars: | 2024-11-04 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Stock futures were little changed in overnight trading ahead of Tuesday's high-stakes U.S. presidential electionFutures tied to the Dow Jones Industrial Average added 20 points. S&P 500 futures and Nasdaq-100 futures inched about 0.1% higher. The latest poll from NBC News suggests the race is "neck and neck" between former President Donald Trump and Vice President Kamala Harris. The results could heavily affect where stocks end the year, but investors may want to brace for some near-term choppiness. Traders are pricing in 98% odds of a quarter-point cut following September's half-point reduction, according to CME Group's FedWatch Tool.

Persons: Stocks, Dow, Donald Trump, Kamala Harris, Adam Parker, Jerome Powell Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, NXP, U.S, Treasury, NBC News, Congress, Republicans, CNBC, Super Micro, Yum Brands

☆ Elon Musk has a lot to gain if Trump wins. A Harris presidency is more uncertain.
▼ + stars: | 2024-11-04 | by ( Ana Altchek | ) www.businessinsider.com time to read: +8 min

Musk could gain influence at the federal level if Trump is elected president. It's unclear what a Harris administration would mean for Musk and his business empire. Musk under HarrisWhile Musk could gain power, government contracts, and looser regulations under Trump, it's unclear how he might be impacted under a Harris administration. For X, which Musk has branded as the platform for freedom of speech, Gordon said a Harris administration could pressure it to ban material labeled as "misinformation." AdvertisementIt's also possible nothing would meaningfully change for Musk under a Harris administration.

Persons: Elon Musk, Donald Trump, Musk, Trump, Harris, —, He's, Francesco Trebbi, Erik Gordon, Gordon, Tesla, eyeing Musk's, Trebbi, X, Tevi Troy, Troy, Joan MacLeod Heminway, Cary Coglianese, Tom Narayan, Karoline Leavitt, Leavitt, he's, Coglianese, it's, Carl Icahn, Tim Cook, Heminway, Elon Organizations: Service, Elon, Republican Party, Trump, Trump Many, University of California Berkeley, Musk, University of Michigan's Ross School of Business, Traffic Safety Administration, SpaceX, Department of Defense, Bank of America, Center, White House, University of Tennessee, University of Pennsylvania, Penn, RBC Capital Markets, Democratic, Green New Deal, Twitter, Apple Locations: Pennsylvania, Pittsburgh, Texas, California, Mexico

American policy is at a crossroads, but that won’t necessarily translate to a turning point in peace negotiations, analysts say. That’s because nothing suggests Russia is ready to come to the table, regardless of who ends up in the White House. The scope of the war is also too large for a simple negotiation between Moscow and Kyiv, experts say. Attritional war playing into Putin’s handsUkraine is already outmanned, and Putin appears ready to accept a high number of casualties. European nations are scrambling to increase ammunition production for Ukraine to prevent backsliding, in the event that US support drops off.

Persons: Volodymyr Zelensky’s, ”, Kamala Harris, Biden, Donald Trump, JD Vance, Trump, Thomas Graham, Putin, ” Graham, … Putin, John Lough, what’s, ” Lough, Oleh Shiryaev, Ivan Antypenko, that’s, “, Vitaliy Milovidov, don’t, Volodymyr Zelensky, Micah Garen, Harris, Zelensky Organizations: CNN, Council, Foreign Relations, NATO, West, Eurasia Program, Ukrainian Armed Forces, Separate Assault, Reuters, Security Service, Ukraine’s, National Security Council, 15th Brigade National Guard, Russian, Nordic Locations: Russia, Kyiv, United States, Ukraine, Russian, Hungary, Slovakia, Moscow, London, China, Beijing, Kursk, Ukraine’s Zaporizhzhia, Zaporizhzhia, Donetsk, Iceland, ” Chatham, Bucha

☆ A Nevada mayor is battling one of the worst housing shortages in the US. Her solution: looser construction regulation.
▼ + stars: | 2024-11-02 | by ( Eliza Relman | ) www.businessinsider.com time to read: +7 min

Reno Mayor Hillary Schieve says city leaders should cut regulations that stymie construction. AdvertisementThe mayor of Reno, Nevada, argues that the single best thing city leaders can do to help solve one of the country's worst housing shortages is to loosen regulations on housing construction. As mayor, Schieve has celebrated the new jobs and the growth of arts and culture in Reno and its surroundings. Under Schieve, Reno has loosened some of its regulations by allowing for more density, reducing parking requirements, and cutting fees. Schieve, the former chairwoman of the US Conference of Mayors, said Reno's rules regarding affordable housing construction are relatively lenient.

Persons: Hillary Schieve, —, There's, Schieve, Alex Horowitz, Tesla, she's, Joe Biden, Biden, Adrianne Todman, Donald Trump's, We've, we've, Vance, That's, Trump, Kamala Harris Organizations: Reno, Service, Apple, US, of Mayors, White Locations: Nevada, Reno , Nevada, Reno, Las Vegas

Krasner said that his "patriotic" team was prepared to handle any issues on Election Day and called any attempts to undermine or influence the vote in Philadelphia "utterly unacceptable." "As they say in Philly, if somebody wants to come and do that, they can F around and find out," he added. A man demonstrates in favor of letting all ballots be counted on Nov. 6, 2020, in front of the Convention Center in Philadelphia. During a 2020 presidential debate, Trump warned that "bad things happen in Philadelphia." “Thing two, of course, is that the most diverse and most Democratic — capital 'D,' Democratic — city in Pennsylvania is Philadelphia.

Persons: Donald Trump's, Larry Krasner, we’ve, ” Krasner, Krasner, Jennifer Huxta, Donald Trump, George H.W, Trump, Rudy Giuliani, —, Joe Biden, Biden, Mike Roman, “, I'm, they've, I've, holler, everybody's, he's, Elon Musk, Stewart Rhodes, Enrique Tarrio, Jan, Antonio Lamotta Organizations: WASHINGTON, NBC News, Convention Center, Bloomberg, Getty, Democrat, Republican, Pennsylvania, Philadelphia, New, New York City, Trump, Democratic, FBI, Philadelphia Convention, Proud Boys, Capitol Locations: Pennsylvania, Philadelphia, America’s, Philly, New York, Erie , Pennsylvania, Detroit, Atlanta, Pittsburgh, Democratic —, U.S

Two starkly different House candidates, in separate races, personify the intensifying ideological partitioning occurring within the once strongly Democratic constituency of Latino voters, whose numbers are growing. Their highly competitive races, along with a few other California congressional races, have pushed Latino voters to the front lines of the bitter fight for control of the House. “We have centered on Latino voters in our campaign,” said Whitesides, whose wife is of Cuban and Salvadoran heritage. In the same poll, 52% of Latino voters in District 27 said they support Whitesides, compared to 24% for Garcia and 24% completely undecided. In the last presidential election, Latino turnout was very high, and now it “actually is approaching the turnout rate for non-Latinos,” Vargas said.

Persons: Rudy Salas, Mike Garcia, Salas, David Valadao, Garcia, Democrat George Whitesides, ”, Arturo Vargas, —, wasn’t, he’d, ” Salas, “, aren’t, Valadao’s, Donald Trump, Valadao, Irfan Khan, Luis Alvarado, ” Alvarado, ” Garcia, he’s, Joe Biden, Whitesides, ” Whitesides, George Whitesides, Susan Montoya Bryan, Kamala Harris, Biden, Harris, Julián Castro, ” Vargas, Harris — Organizations: Democratic, California’s Central Valley ., House, Republicans, Five, GOP, Democrat, NASA, National Association of Latino, Central, “, Representatives, Capitol, Los Angeles Times, Getty, Democrats, Republican, Congress, California Republican, Center, Politics, University of Virginia, Los Angeles In, Naval Academy, Navy, Trump, Virgin Galactic, NBC, Latino Community Foundation, Valadao, BSP Research Locations: California’s Central Valley, Los Angeles, California, Five California, Valley, Central Valley, Azores, Hansford, Calif, Los Angeles In California’s, Mexico, Black, Cuban, Salvadoran, homeownership, Upham, N.M

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