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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow investors are viewing global uncertainty this election yearHalf the world's population will cast votes this year as more than 60 countries hold elections. Promoting a healthy economy is high on the list of expectations of voters globally, according to a recent report by Principal Financial, but many people have developed a more polarized—and negative—perception of the economic environment overall. Sharon Epperson speaks with Principal Financial Group Chairman and CEO Dan Houston about election uncertainty and how investors are reacting.
Persons: Sharon Epperson, Dan Houston Organizations: Principal, Financial
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFavorable returns come from which party runs the Senate, not White House: Wells Fargo's Chris HarveyChris Harvey, Wells Fargo Securities head of equity strategy, and Liz Ann Sonders, Charles Schwab chief investment strategist, join 'Squawk on the Street' to discuss why the Senate elections may be the most certain of the week, if the historical trend of a higher S&P post-election makes sense, and how the market would react to a contested election.
Persons: Wells, Chris Harvey Chris Harvey, Liz Ann Sonders, Charles Schwab Organizations: Senate, Wells, Wells Fargo Securities Locations: Wells Fargo
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDon't overplay anything until after the election, says John Hancock's Emily RolandEmily Roland, John Hancock Investment Management co-chief investment strategist, joins CNBC's 'The Exchange' to discuss trading around the election, what the bond market is signaling, and more.
Persons: John Hancock's Emily Roland Emily Roland, John Organizations: John Hancock Investment Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIran is debating what defense and deterrence it has left, says CFR's Michael FromanMichael Froman, Council on Foreign Relations president, joins 'Squawk Box' to discuss the state of the Middle East conflict, news of Iran planning a 'strong and complex' response to Israeli airstrike on October 26th, impact of the 2024 election, and more.
Persons: CFR's Michael Froman Michael Froman Organizations: Iran, Foreign Relations Locations: Iran
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFederated Hermes: We like small- and mid-cap tech stocks on growth prospects in a less-crowded spaceCharlotte Daughtrey of Federated Hermes is positive on the SMID space as they are trading at a discount and should benefit from the Fed rate cut cycle. She says both US presidential candidates are pro-growth, which will benefit these companies.
Persons: Daughtrey, Hermes Organizations: Federated
Here's what's at stake for equity markets ahead of the election
  + stars: | 2024-11-04 | 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 EmailHere's what's at stake for equity markets ahead of the electionMark Zandi, Moody’s Analytics chief economist, joins 'Squawk on the Street' to discuss each candidate's housing plans, which candidate will be better for the economy, and more.
Persons: Mark Zandi
Yet it's precisely butter that's been a headache for Russia, with a 25.7% price increase this year. "There is a well-known phrase: guns instead of butter," Putin said last February. By the end of October, the price of butter in Russia was up 25.7% compared to December 2023, per government statistics. Why butter prices are on the riseA week before that meeting, the same union said the country wasn't experiencing a butter shortage, but added that about 25% of local butter consumption comes from foreign suppliers. AdvertisementAnother major dairy supplier complying with wartime sanctions, New Zealand, sold $88.8 million worth of butter to Russia yearly before the invasion began.
Persons: Putin, , Vladimir Putin Organizations: Service, MMI, Gazeta, United Arab Emirates Locations: Ukraine, Russia, Russian, Moscow, Latin America, New Zealand, Turkey
Boeing workers from the International Association of Machinists and Aerospace Workers District 751 gather on a picket line near the entrance to a Boeing production facility on the day of a vote on a new contract proposal during an ongoing strike in Renton, Washington, U.S. October 23, 2024. Boeing 's more than 32,000 striking machinists on Monday will vote for the third time on a contract proposal. The proposal includes 38% raises over four years, up from the 35% increase Boeing proposed and workers rejected late last month, extending the strike. Boeing said machinist pay will average $119,309 at the end of this contract proposal. But the union, upon unveiling the proposal last Wednesday, warned this deal might be as good as workers are going to get.
Organizations: International Association of Machinists, Aerospace Workers, Boeing, Workers Locations: Renton , Washington , U.S, Seattle
Islamabad, Pakistan CNN —A smog-choked province in eastern Pakistan has issued a rare plea for cross-border collaboration with India, as major cities in both countries endure severe air pollution that risks the health of millions. “We are suffering in Lahore in a way due to the eastern wind corridor coming from India,” he said. Lahore, home to more than 14 million people, saw its air quality index surpass a record 1,900 in one part of the city on Saturday, according to IQAir, which tracks global air quality. Experts say India’s air pollution is so bad that smog could take years off the lives of hundreds of millions of people. Both India and Pakistan have tried to clamp down on the practice, but it is still widespread.
Persons: Raja Jahangir Anwar, ” Anwar, Punjab’s, , Arif Ali, Sakib Ali, Maryam Nawaz, Parveen Kumar Organizations: Pakistan CNN, Environment, CNN, Getty, Hindustan Times, World Health Organization, Experts, India’s Locations: Islamabad, Pakistan, India, Punjab, Pakistan’s, Lahore, AFP, Delhi Meerut, Ghaziabad, Delhi –, Gurgaon, India’s Punjab, Haryana, Pakistan’s Punjab
Five-star carrier Singapore Airlines is investing $830 million to retrofit 41 Airbus A350 planes. Business class doors are increasingly popular as flyers demand more privacy in high-dollar cabins. The privacy door, a flyer favorite, is an increasingly popular perk in business class. Singapore opted for privacy wings instead of a door on its existing A350 business class, which Business Insider flew in January 2023. Singapore's A350-900ULR will add three business class seats but lose 36 premium economy seats to make room for first class.
Persons: , Taylor Rains, Goh Choon Phong Organizations: Singapore Airlines, Boeing 777X, Service, Airbus, Singapore, Business, Insider Airlines, Air, American Airlines, British Airways, Korean Air, Turkish Airlines, Boeing, Qatar Airways, Cathay Locations: Qatar, Air India, Singapore, New York City, Singapore Airlines Singapore, London, Hong
Russian President Vladimir Putin is engaging in a war of attrition in Ukraine. AdvertisementKamala Harris and Donald Trump have starkly different visions of how they'll seek to end one of the gravest security crises in recent decades: the Ukraine war. North Korea is also believed to have sent thousands of troops to aid Russia in its war against Ukraine, per officials from South Korea, Ukraine, and the US. It's a war Putin has staked Russia's economic future on, underlining the importance of victory for the Russian leader. China is observing the Ukraine conflict closely as it weighs whether to launch an invasion of US-ally Taiwan.
Persons: Vladimir Putin, , Kamala Harris, Donald Trump, Harris, Joe Biden, Trump, Putin, Oleksandr Lytvynenko, Robert Dover, Mikhail Svetlov, he's, Biden, JD Vance, Paul Cormarie, it's, Alexander Mertens, Taiwan, Dover, Jonathan Ward, Peter Schroeder, Schroeder Organizations: Service, National Security Council, Ukraine, Intelligence, National Security, University of Hull, UK, Business, Trump, Russia, NATO, RAND, Anadolu, Getty, Allies, Hudson Institute, BI, National Intelligence Council, Foreign Relations Locations: Ukraine, Russia, Ukraine Russia, Korea, South Korea, Helsinki, Ukrainian, Europe, Washington, Moscow, It's, China, India, Dover, Taiwan, United States, Asia, Eurasia
The new Ford F-150 truck goes through the assembly line at the Ford Dearborn Plant on April 11, 2024 in Dearborn, Michigan. DETROIT — Ford Motor on Monday reported a 15.2% increase in U.S. new vehicles sales last month compared with subdued levels due to a union strike in October 2023. The automaker's sales gain outpaced the industry's estimated increase of 10% last month compared with a year earlier. Sales of hybrid vehicles, which Ford has been emphasizing amid a slower-than-expected adoption of electric vehicles, were up 38.5% last month compared to October 2023, Ford said. Its EV sales were down by 8.3%, while sales of traditional vehicles with internal combustion engines were up 14.1%Ford's EV sales remain up 38.2% for the year through October compared with the same timeframe in 2023.
Persons: Ford, EVs Organizations: Ford, Ford Dearborn Plant, United Auto Workers, EV, Ford's Locations: Dearborn , Michigan, DETROIT
A sign for the Reserve Bank of India (RBI) sign is displayed inside central bank's headquarters in Mumbai, India. The Reserve Bank of India would be able to tap its large foreign exchange reserves to defend the domestic currency in the event of global market volatility and an outflow of foreign funds, the sources said. There has been a record outflow of more than $10 billion in foreign funds from India stocks, while foreigners pulled $700 million from the debt market. Central bank officials have not committed to or signaled any timing for a rate cut. China's stimulus efforts, which could intensify if U.S. tariffs further hurt its economy, have been a factor driving foreign funds out of India and other emerging markets into China.
Persons: Donald Trump, Kamala Harris, Trump Organizations: Reserve Bank of India, Republican, Democratic, Trump Locations: Mumbai, India, China, The U.S, Central
That’s all it is,” Trump said, as he vowed to launch a massive deportation effort. Trump was closing his third presidential campaign Monday with the same anti-immigration rhetoric that he used to launch his first White House bid. “Four years of Kamala have delivered nothing but economic hell for the American workers,” Trump said. It was a long discussion that is contrary to previous messaging from Trump and his campaign, which has encouraged people to vote early. One way, there’s only one way.”He added, “We have to win the old fashioned way and then fix it.
Persons: Donald Trump, , Kamala Harris, Trump, ” Trump, Megyn Kelly, Kelly, Kamala, , They’ll, Roberto Clemente, Harris, Joe Biden Organizations: CNN, Trump, Republican, Pittsburgh Pirates, Sun Locations: United States, Pennsylvania, Colorado, Springfield , Ohio, Mexico, China, Pittsburgh, North Carolina, Michigan, Puerto Rican, Keystone, Michigan , Pennsylvania, Wisconsin, Arizona, Georgia, Nevada
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSouth Korean market "falls off the radar" in terms of attractiveness: investment strategistKen Peng from Citi Global Wealth Investments evaluates the attractiveness of the South Korean market, saying that it "falls off the radar" when compared to Japan and India. He also gives his outlook on the Japanese market following the election shock.
Persons: Ken Peng Organizations: Citi Global Wealth Investments, South Locations: Japan, India
The wings and drums were on the small side, but the sauce's flavor and spice level were pretty spot on. I wish the wings were bigger. The Buffalo sauce tasted authentic and had a nice level of spice and tang, but I can't say I was fully blown away. I wish the wings had been larger. In a pinch could definitely satisfy a wing craving, just don't expect deep-fried restaurant quality here.
Persons: Tori Hazelett, fryer Organizations: Buffalo
Cramer's Stop Trading: Peloton
  + stars: | 2024-11-04 | 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 EmailCramer's Stop Trading: PelotonCNBC’s Jim Cramer explains why he is keeping an eye on shares of Peloton.
Persons: Jim Cramer
James Van Der Beek announced his colorectal cancer diagnosis in a People interview on Sunday. Van Der Beek's announcement comes as more people under 50 are being diagnosed with colorectal cancer. AdvertisementJames Van Der Beek has announced his diagnosis of colorectal cancer. "There's reason for optimism, and I'm feeling good," Van Der Beek, 47, added. AdvertisementThe rise of colorectal cancer in young peopleVan Der Beek's announcement comes as more young people are being diagnosed with colorectal cancer, a 2023 report by the American Cancer Society found.
Persons: James Van Der Beek, Instagram, Van Der, , Van Der Beek, Michael Shusterman, NYU Langone's, JJ Singleton, Josh Herting Organizations: Service, Business Insider, American Cancer Society, NYU, NYU Langone's Perlmutter Cancer Center
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEurope has lost part of its competitive advantage on energy, TotalEnergies CEO saysPatrick Pouyanne, TotalEnergies CEO, says the region "must find ways to recover its energy competitiveness."
Persons: Patrick Pouyanne Organizations: Europe
A new report by Experian found that 67% of polled Gen Zers and 62% of surveyed millennials are using artificial intelligence to help with their personal finances. Users say that generative AI tools like ChatGPT have helped in areas including saving and budgeting (60%), investment planning (48%) and credit score improvement (48%). The Gen Z respondents were ages 18 to 27 while millennials were ages 28 to 43. According to data Experian provided to CNBC, 98% of Gen Z adults and 98% of millennials had a positive experience with the software. While using generative AI can help as a first step to drawing up a budget or figuring out how to increase your credit score, always verify the information through external resources, experts say.
Persons: Experian, Gen Zers, Christina Roman, millennials, Xers Organizations: Finance, CNBC
Given a second chance to resuscitate his young career, Bryce Young produced something equally as rare during Week 9 of the NFL season — a victory for the Carolina Panthers. 1 overall pick of the 2023 NFL draft, who was benched earlier this season after just 18 career starts, led Carolina on a game-winning drive to beat New Orleans 23-22. After the Panthers took over with 3:26 left in the fourth quarter trailing 22-17, Young threw a pair of incompletions before he found Xavier Legette for 26 yards. On the next play, Young threw the ball high downfield, inducing a pass interference penalty that moved the ball 16 yards from the end zone. Less common is the benched starter who returns to earn full favor within an organization that had lost enough confidence to initially sit him.
Persons: Bryce Young, , Young, Xavier Legette, Chuba Hubbard, Legette, Andy Dalton, C.J ., Fox’s Jay Glazer, Glazer, Dalton, — doesn’t, Anthony Richardson, Tennessee, Will Levis, Sam Darnold, Baker Mayfield Organizations: NFL, Carolina Panthers, Young, New Orleans, Panthers, Carolina, Houston, Texans, Denver, , Indianapolis, New York Jets Locations: Carolina, Alabama, C.J . Stroud, Minnesota, Tampa Bay, Cleveland
Orlando, Florida, police released the identities of the two men killed in a Halloween shooting in downtown Orlando last week. Tyrek Hill, 25, and Timothy Schmidt Jr., 19, were killed Friday when a gunman opened fire shortly after 1 a.m. during a Halloween celebration, police said. At a news conference Friday, Police Chief Eric Smith said Halloween is one of Orlando’s busiest nights of the year, with crowds of 50,000 to 100,000. About 100 police officers were patrolling the area and tackled the shooter soon after the shots were fired, Smith said. The video police released showed an officer knock down the attacker and three others run to help arrest him.
Persons: Tyrek, Timothy Schmidt Jr, Schmidt, Schmidt's, Tan Bei, Jaylen Dwayne Edgar, Eric Smith, Smith Organizations: NBC, Plantation FC Rush, Police, Orlando Locations: Orlando, Florida
A political video reminded women that they can vote for Vice President Kamala Harris without telling their husbands, enraging prominent conservatives and reigniting a fiery discourse that highlights the central role of gender in this year’s election. “Did you make the right choice?” one of the husbands asks. “Sure did, honey,” his wife responds with a smile, sharing a knowing glance with the woman beside her. Meanwhile, Trump’s campaign has embraced an image of traditional masculinity, actively courting influencers and comedians who are popular among young men. In the wake of the discourse, Atwood shared a political cartoon of women entering a voting booth dressed in handmaids’ attire and shedding their red uniforms upon exiting.
Persons: Kamala Harris, enraging, Harris, , Julia Roberts, Donald Trump, Harris ’, Trump, influencers, Doug Pagitt, , Pagitt, Julia Roberts ”, ” Trump, you’re, Jesse Watters, Emma, that’s, ” Watters, Charlie Kirk, Newt Gingrich, Margaret Atwood’s, Atwood, ” Pagitt, We’re Organizations: , Trump, Fox News, ” Fox News, Conservative, Republican, NBC News Locations: America, Trump,
Actress Chloë Grace Moretz came out as a gay woman in an Instagram post on Friday that also served has an endorsement for Vice President Kamala Harris. "I voted early and I voted for Kamala Harris," the actress wrote in the caption of an Instagram post showcasing an "I voted early 2024" sticker on her jeans. Moretz, 27, then said she believes in the necessity for legal protections for the LGBTQ+ community "as a gay woman." In 2018, Moretz played a gay teen who was sent to a conversion therapy camp against her will in the movie "The Miseducation of Cameron Post." Moretz told The Independent at the time.
Persons: Chloë Grace Moretz, Kamala Harris, Moretz, Brooklyn Beckham, Kate Harrison, Cameron Post Organizations: Brooklyn, Independent Locations: Cameron
James Van Der Beek announces colorectal cancer diagnosis
  + stars: | 2024-11-03 | by ( Becca Wood | ) www.nbcnews.com   time to read: +2 min
James Van Der Beek has been diagnosed with colorectal cancer. “There’s reason for optimism, and I’m feeling good.”Today.com has reached out to representatives for James Van Der Beek but did not immediately hear back. James Van Der Beek has been married to Kimberly Van Der Beek since 2010. On Nov. 3, Kimberly Van Der Beek tagged her husband on her Instagram story, sharing a photo of two cardinals and a quote about romance. For Halloween, James Van Der Beek posted a series of photos from Texas of their family fully decked out in costume for the holiday.
Persons: James Van Der Beek, , I’ve, , ” Today.com, Kimberly Van Der Beek, Olivia, Joshua, Annabel, Emilia, Gwendolyn, Jeremiah, Didn’t, wouldn’t Organizations: American Cancer Society Locations: Texas,
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