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☆ How a Trump or Harris presidency could impact the future of AI
▼ + stars: | 2024-10-31 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +9 min

Business Insider spoke to five experts about what a Trump and Harris presidency would bring for AI. AdvertisementReese worked at the Department of Homeland Security during the final year of the Trump administration. "When I worked under the Trump administration, there was actually quite a bit of activity, they were very active," he said. Whether Trump or Harris wins the White House, Etzioni and Bailey said that having AI experts in the administration is crucial. Among the few upsides Bailey sees to Biden's executive order is the call to have agencies appoint AI directors.

Persons: Trump, Harris, —, Kamala Harris, Donald Trump, Darrell West, John Bailey, Biden, Taylor Swift, Trump hasn't, Joe Biden, overreach, Nicholas Reese, Bailey, Biden's, Megan Shahi, Oren Etzioni, Etzioni, Joe Biden's, Reese, they're, Shahi, — Bailey, Tony West, Uber — Harris Organizations: Big Tech, Service, White, Business, Center for Technology Innovation, Brookings Institute, American Enterprise Institute, New York University, Emerging Technology, Department of Homeland Security, Technology, Center for American Progress, Allen Institute, Republican, Security, China, Trump, National AI Research, Harris Locations: California

☆ Treasury Department announces new Series I bond rate of 3.11% for the next six months
▼ + stars: | 2024-10-31 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

Mandel Ngan | AFP | Getty ImagesHow I bond rates workI bond rates have a variable and fixed rate portion, which the Treasury adjusts every May and November. You can see the history of both parts of the I bond rate here. The variable rate is based on inflation and stays the same for six months after your purchase date, regardless of the Treasury's next announcement. How I bond rate changes affect current holdersIf you currently own I bonds, there's a six-month timeline for rate changes, which shifts depending on your original purchase date. But your fixed rate would remain at 1.30%.

Persons: Mandel Ngan, there's Organizations: US Department of Treasury, AFP, Getty, Treasury Locations: Washington ,

☆ Meet Glean, the enterprise AI search company that's so powerful Sam Altman deemed it a threat to OpenAI
▼ + stars: | 2024-10-31 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +10 min

Among them are Anthropic, Elon Musk's xAI, OpenAI cofounder Ilya Sutskever's Safe Superintelligence, and AI search startup Perplexity. The last of the five rivals, and perhaps the least well-known, is Glean, an enterprise search assistant. Founded in 2019 by Rubrik cofounder and ex-Googler Arvind Jain, Glean helps corporate workers find information across their companies' tools and data. Related Video Sam Altman moves to Microsoft after OpenAI fires him as CEOThe company enables AI search by integrating apps like Slack and Dropbox and powering search across their company's universe of data. AdvertisementBesides enterprise search, Glean also has an AI assistant that generates answers based on search results, such as summarizing the day's Slack messages or synthesizing multiple documents.

Persons: Glean, Jain, —, Sam Altman, Elon Musk's, Ilya Sutskever's, Googler Arvind Jain, Kleiner Perkins, Deedy Das, Larry Page, Das, Bipul Sinha, Rubrik, Mamoon Hamid, Vishwanath, Tony Gentilcore, Piyush Prahladka, …, Arvind, Hamid, Paul, Rajeev Dham, they're, Slack, Altman, It's Organizations: Google, Service, Elon Musk's xAI, DST Global, Sapphire Ventures, Sequoia, Microsoft, Sony Electronics, Entrepreneurship, Indian Institute of Technology, IIT, Menlo Ventures, IIT Delhi, University of Washington, Akamai Technologies, Technology, YouTube, Kleiner Locations: Jaipur, Indian, IIT Delhi, India, Glean, Seattle

☆ I interviewed for my first job after college from a hospital bed. I had just given birth.
▼ + stars: | 2024-10-31 | by ( Chaunie Brusie | ) www.businessinsider.com time to read: +5 min

The nurse manager came to interview me for a job while I was still admitted. The last thing I expected was to host a job interview from my hospital bed. Related storiesRelated VideoI had forgotten I had a job interviewThe truth is, I had completely forgotten my scheduled job interview that day. Everything happened so fast that I had completely forgotten about the job interview. Looking back, part of me wonders if the nurse manager that day was just being nice or if it crossed the boundaries of professionalism.

Persons: — Organizations: Service Locations: —

☆ These stocks reporting next week almost always beat expectations and rally
▼ + stars: | 2024-10-31 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

Foruteen of the analysts covering Zillow rate it either a strong buy or buy, while 11 view it as a hold. The average price target represents potential 7% upside. The majority of analysts are bullish on platform, while the average price target implies 33% upside. Analyst Kirk Materne's $610 price target is roughly 9% higher than where HubSpot stock is currently trading. Analysts are overwhelmingly bullish on HubSpot, with the average price target representing a potential 11% gain.

Persons: Zillow, Foruteen, Wedbush, Jay McCanless, McCanless, Pinterest, Justin Post, HubSpot, Kirk Materne's Organizations: CNBC Pro, Investment, Bank of America, ISI, Software Locations: outperforming, Zillow

☆ At 18, she dreamed about moving to Japan. When she turned 50, she quit her job and bought an abandoned home near Osaka.
▼ + stars: | 2024-10-31 | by ( Amanda Goh | ) www.businessinsider.com time to read: +10 min

Chani Japan. Chani Japan. Chani Japan. Chani Japan. Chani Japan.

Persons: Chani, —, you've, I've, she'd, hadn't, Lawrence Covian, Eric McAskill Organizations: Service, Chani, Japan, YouTube, US Army, BI Locations: Australia, Japan, Brisbane, Chani Japan, Shikoku, Wakayama, Osaka, Europe, I'm, akiya, Iwakuni

☆ Expect the unexpected in Friday’s jobs report
▼ + stars: | 2024-10-31 | by ( Alicia Wallace | ) edition.cnn.com time to read: +10 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

☆ Microsoft's new AI CEO rolled out his first big product update. Some staff and users say the previous version was better.
▼ + stars: | 2024-10-31 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +6 min

It was is the first major release from Microsoft's new consumer AI org, under Mustafa Suleyman. It was the first major product release from Mustafa Suleyman's new Microsoft AI group, and it's had a mixed reception so far. AdvertisementHigh expectationsMicrosoft hired Suleyman in March to oversee consumer AI products such as the Bing search engine and the Copilot AI chatbot . For instance, Suleyman's consumer Copilot app is separate from an AI Copilot tool that Microsoft offers as part of its M365 suite of business software. User feedbackIn the public App Store reviews, users complained about several specific issues that have arisen since the consumer AI Copilot app was updated Oct. 1.

Persons: Mustafa Suleyman, —, Mustafa Suleyman's, it's, Suleyman, Susanne Franz, Divya Kumar, Kumar Organizations: Microsoft, Service, Business, Copilot

☆ Early SpaceX workers got stuck overnight on an ocean barge with a toxic spaceship, new book reports
▼ + stars: | 2024-10-31 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

SpaceX workers got stuck on a barge with a spaceship full of toxic fuel in 2010, a new book reports. After the Dragon spaceship's first flight, a SpaceX crew retrieved it from the ocean. A Dragon spaceship approaches the International Space Station with astronauts on board in 2021. That's why SpaceX workers immediately checked for leaks, according to the book. The Dragon spaceship went on to become a staple of NASA's programming, transporting supplies and astronaut crews to and from the International Space Station.

Persons: —, Eric Berger, Elon Musk, Berger, Musk, Kevin Mock, Keegan Barber, Mock, Roger Carlson, Berger's, It's Organizations: SpaceX, Service, NASA, Ars Technica, International, International Space

☆ Opening Bell: October 31, 2024
▼ + stars: | 2024-10-31 | 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 EmailOpening Bell: October 31, 2024Watch the opening bell for the New York Stock Exchange and the Nasdaq from October 31, 2024.

Organizations: New York Stock Exchange, Nasdaq

☆ Dodgers win World Series in 5 games, overcome 5-run deficit with help of errors to beat Yankees 7-6
▼ + stars: | 2024-10-31 | by ( ) www.cnbc.com time to read: +1 min

Members of the Los Angeles Dodgers celebrate on the field after winning Game 5 to win the 2024 World Series presented by Capital One between the Los Angeles Dodgers and the New York Yankees at Yankee Stadium on Oct. 30, 2024. The Los Angeles Dodgers won their second World Series championship in five seasons, overcoming a five-run deficit with the help of three Yankees defensive miscues and rallying on sacrifice flies from Gavin Lux and Mookie Betts in the eighth inning to beat New York 7-6 in Game 5 on Wednesday night. Aaron Judge and Jazz Chisholm Jr. hit back-to-back home runs in the first inning, Alex Verdugo's RBI single chased Jack Flaherty in the second and Giancarlo Stanton's third-inning homer against Ryan Brasier built a 5-0 Yankees lead. But errors by Judge in center and Anthony Volpe at shortstop, combined with pitcher Gerrit Cole failing to cover first on Betts' grounder, helped Los Angeles score five unearned runs in the fifth. After Stanton's sixth-inning sacrifice fly put the Yankees back ahead 6-5, the Dodgers loaded the bases against loser Tommy Kahnle in the eighth before the sacrifice flies off Luke Weaver.

Persons: Gavin Lux, Mookie Betts, Aaron Judge, Jazz Chisholm, Alex Verdugo's, Jack Flaherty, Giancarlo Stanton's, Ryan Brasier, Anthony Volpe, Gerrit Cole, Betts, grounder, Stanton's, Tommy Kahnle, Luke Weaver Organizations: Los Angeles Dodgers, Capital, New York Yankees, Yankee, Yankees, New York, Dodgers Locations: Los Angeles

☆ Intel employees face 'setbacks' as the company slashes staff, pay, and perks
▼ + stars: | 2024-10-31 | by ( Emma Cosgrove | Helen Li | ) www.businessinsider.com time to read: +9 min

Some Intel employees received pay cuts in 2023 to reduce costs and avoid layoffs. Intel announced layoffs this year, affecting employees' promised stock bonuses. Intel employees left frustrated comments underneath the FAQs on the company's internal network, two departing workers said. An Intel employee would be eligible for a four-week sabbatical after every four years of work or eight weeks after seven years. Intel employees who joined the company before it closed its pension plan to new entries in 2011 still get payouts.

Persons: —, Pat Gelsinger, Gelsinger, Gelsinger's, unvested RSUs, we're, Emma Cosgrove Organizations: Intel, Service, Nvidia, AMD, BI, Oregon Intel, Employees, SEC, Microsoft, Qualcomm, Tech, ecosgrove Locations: Oregon, Arizona , California

☆ Apple stuck it to the naysayers with better-than-feared financials, emerging iPhone 16 demand
▼ + stars: | 2024-10-31 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

While the hardware sales are certainly profitable, they pale in comparison to the profitability of Apple's Services. It's impossible to do consistently, and that's why Jim Cramer always says "own, don't trade" Apple stock. During the reported quarter, Apple returned over $29 billion to shareholders, including $3.8 billion in dividends and equivalents and another $25 billion via the repurchase of 112 million shares. Though Services sales missed the mark, gross income managed to outpace expectations thanks to significant year-over-year margin expansion. The growing installed base of active devices is of course translating into strong engagement with Apple's services.

Persons: Luca Maestri, that's, Jim Cramer, Time Cook, Apple, we're, Maestri, Jim Cramer's, Jim, Michael M Organizations: Apple, Samsung, Dell, HP Inc, of Asia, of Asia Pacific, Mac, Apple Watch, Apple Intelligence, Apple's Services, iOS, CNBC, Fifth, Santiago, Getty Locations: Apple's, Americas, Europe, Asia Pacific, Japan, Greater China, iPhones, Kantar, U.S, China, Australia, New York City

☆ America’s oldest tombstone has new origin story, according to study
▼ + stars: | 2024-10-31 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +8 min

Historical evidence then pointed the study authors to a Belgian tombstone export business thriving at the time, where they theorize the tombstone began its journey. Burial within a church was typically saved for high-status individuals and clergy, and Yeardley was one of two knights to die while the Jamestown church was in use, according to Jamestown Rediscovery. Colonial period cemeteries have suffered neglect and vandalism, with the Knight’s Tombstone likely surviving for as long as it did because vegetation concealed it, she added. It seems to be pretty inherent there in nature, but most (colonists) didn’t have the resources to import a nice carved stone,” Key said. “There were a lot of people being buried in the church, but only one of them had a big old black (limestone) tombstone from Belgium.”

Persons: ”, Marcus Key, Joseph Priestley, Sir George Yeardley, England, Marcus, Mary Anna Hartley, Hartley, Yeardley, Weeks, —, ” Hartley, “, Queen Elizabeth II’s, King George VI, George’s, didn’t Organizations: CNN, Tombstone, International, Philosophy, Dickinson College, Key, Dickinson College Geosciences, General Assembly, First Peoples Locations: United States, Jamestown , Virginia, North America, Europe, Belgian, Carlisle , Pennsylvania, Belgium, London, Jamestown, Ireland, Virginia, England, Tombstone, America, British, St, Windsor

☆ How well is Apple’s AI iPhone really selling? We’ll get the first signs soon
▼ + stars: | 2024-10-31 | by ( Clare Duffy | ) edition.cnn.com time to read: +4 min

New York CNN —Apple CEO Tim Cook said the company’s Apple Intelligence AI tools would “supercharge” the iPhone 16 when he introduced the new device last month. Now the world is about to get its first glimpse of whether the promise of Apple’s artificial intelligence technology is also supercharging deflated iPhone sales. That means people who bought the iPhone 16 in the first month it was on sale didn’t have access to those AI features until just recently. That figure will include sales of earlier iPhone models that happened during the quarter, too, but could indicate that the iPhone 16 helped raise sales slightly. In the year-ago quarter, when the iPhone 15 launched, iPhone sales grew about 2.8% year-over-year.

Persons: Tim Cook, supercharge, Wall, ”, Angelo Zino, Dan Ives Organizations: New, New York CNN, Apple, Apple Intelligence, Wall, CFRA Locations: New York, China

☆ China's navy flexed new muscles in the South China Sea with its first dual aircraft carrier drills
▼ + stars: | 2024-10-31 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

China's navy conducted its first dual-carrier drills this month in the South China Sea. Photos from the recent exercise showed China's two operational aircraft carriers, escort ships, and fighter jets in the South China Sea. People's Liberation ArmyRecent training occurred in the Yellow Sea and East and South China Seas. The Liaoning and Shandong, China's first two aircraft carriers, feature ski jumps for launching aircraft. People's Liberation ArmyThe Shandong is China's first domestically produced aircraft carrier, although it's still based on Liaoning's design.

Persons: —, China's, Kuznetsov, wasn't, it's, hasn't Organizations: Service, Liberation Army Navy, PLAN, People's Liberation Army, South China Seas, Ford, US, US Department of Defense Locations: South China, Liaoning, Shandong, China, South, Taiwan, East, Shenyang, Soviet, Fujian

☆ 'The Diplomat' season 2 finale completely shakes up Kate's bid for the vice presidency
▼ + stars: | 2024-10-31 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +8 min

A major character death at the end of "The Diplomat" season two throws a wrench into the series. Keri Russell's titular diplomat, Kate Wyler, now faces a more challenging path to the vice presidency. AdvertisementNetflix's "The Diplomat" is a blisteringly fun political drama that leans into the melodrama of international politics — and like in its first season, season two concludes with yet another cliffhanger season finale. As she unravels the conspiracy behind the aircraft attack, she also has to contend with Vice President Grace Penn (an excellent Allison Janney) showing up in London. "The Diplomat" season two is streaming in full on Netflix.

Persons: Keri Russell's, Kate Wyler, —, Debora Cahn, It's, Grace Penn, Allison Janney, Kate, Grace, Keri Russell, Margaret Roylin, Nicolas Trowbridge, Trowbridge —, Trowbridge, Hal, Roylin, Rufus Sewell, she's, William Rayburn, Janney, that's, Russell, Rolling, Grace aren't, Hal ., Joe Biden's, Rayburn, Biden, Kamala Harris, Cahn Organizations: Service, British, Golden Globe, Netflix, United, State Department, United States Locations: United States, United Kingdom, Persian, States, London, Russian, Scotland, Europe, Russia, New York

☆ What a Trump or Harris presidency would mean for your tax bill
▼ + stars: | 2024-10-31 | by ( Juliana Kaplan | Bryan Metzger | ) www.businessinsider.com time to read: +8 min

Trump's plans could mean tax hikes for lower earners; Harris' proposals would target higher earners. This is the fourth in a five-part series about the impacts either a Trump or a Harris presidency could have on US consumers. Trump has proposed extending his slew of tax cuts from the Tax Cuts and Jobs Act of 2017 — also known as the "Trump tax cut." But another part of Trump's tax policy — his plan to levy universal tariffs on all US imports — could end up undercutting this positive impact. AdvertisementTrump has floated lifting the $10,000 cap on the State and Local Tax deduction, known as SALT, from his 2017 tax bill.

Persons: Trump's, Harris, —, you'll, Trump, He's, Garrett Watson, Harris hasn't, she's, Benjamin Page, Biden, Walz, Ernie Tedeschi, Watson, Tedeschi Organizations: Service, Business, Trump, Social Security, Taxation, Economic, Tax Foundation, State and, Urban, Brookings Tax, Yale Budget Lab, White House Council, Economic Advisers, Finance Locations: California , New Jersey, New York, Congress

☆ Super Micro's $50 billion stock collapse underscores risk of AI hype
▼ + stars: | 2024-10-31 | by ( Ari Levy | ) www.cnbc.com time to read: +7 min

Super Micro is one of the primary vendors for building out Nvidia-based clusters of servers for training and deploying AI models. Super Micro is now at risk of being delisted from the Nasdaq, and has until Nov. 16 to regain compliance with the stock exchange. Ernst & Young was new to the job, having just replaced Deloitte & Touche as Super Micro's accounting firm in March 2023. Since the S&P's announced index changes in March, Super Micro's stock has dropped at least 10% on six separate occasions. — CNBC's Rohan Goswami and Kif Leswing contributed to this report WATCH: Super Micro stock is a 'very risky buy'

Persons: Ernst & Young, Deloitte didn't, hasn't, P's, Dow Jones, Kevin Barry, Barry, —, Rohan Goswami, Kif Leswing Organizations: Computer Inc, Bloomberg, Getty, Micro, Nvidia, Ernst, Nasdaq, Mizuho, Deloitte, Touche, CNBC, Ernst & Young, Dell, SEC, Super, Hindenburg Research, Super Micro, U.S, U.S . Super, Whirlpool, P Global Locations: San Jose , California, U.S, That's, U.S .

President Harris would probably put more pressure on Israel to reach a cease-fire and open up talks with the Palestinians. Ukrainians worry that a President Trump would force a quick and dirty peace deal favorable to Russia. They hope a President Harris would continue to support them on the battlefield. Under President Harris, that would probably mean continuity with the Biden administration policies that have become much more restrictive over time. Migrants from all over the world pass through Mexico to get to the U.S. border, and the United States can’t control the flow of migrants without Mexico’s assistance.

Persons: Israel Patrick Kingsley, Harris, Trump, Benjamin Netanyahu, Ukraine Anton Troianovski, Volodymyr Zelensky, Vladimir V, Putin, Biden, China Keith Bradsher, NATO Steven Erlanger, United States doesn’t, “ I’m, Ana Swanson, Donald Trump, haven’t, South Africa John Eligon, Biden —, Harris —, Mexico Natalie Kitroeff, Somini Sengupta Organizations: Trump, U.S, Manufacturing, NATO, The Times, Global, United, Biden Locations: Jerusalem, Israel, Gaza, Iran, Russia, Ukraine, Moscow, United States, America, Europe, China, Beijing, Taiwan, Japan, South Korea, Philippines, India, —, Hungary, Italy, Germany, South Africa, Johannesburg, Africa, Zambia, Indian, Brazil, Ethiopia, BRICS, Mexico, Mexico City, U.S

☆ Greatest player ever? After Shohei Ohtani’s first World Series title, there’s a ‘legitimate argument’
▼ + stars: | 2024-10-31 | by ( Rustin Dodd | ) www.nytimes.com time to read: +8 min

(I’m) extremely honored to be a part of this.”On the field, Ohtani’s first World Series had not gone quite to plan. “I think there’s a legitimate argument that he’s the greatest player to ever play the game,” Friedman said. The case is also historical: The World Series has been played for more than a century. And somewhere was Freddie Freeman, the World Series MVP and two-time champ. “Not just technically, but also my professionalism.”He was, at last, a World Series champion.

Persons: Shohei Ohtani, Takashi Harada, Hiroshi Sasaki, Sasaki, Harada, Ohtani, ”, ” Ohtani, Hanamake, Tommy John, Kendrick Lamar, Andrew Friedman, Mark Walter, Walter, Friedman, “, ” Friedman, ’, Kiyoshi Mio, Dave Roberts, Walker Buehler, Albert Pujols, Alex Rodriguez, Stan Musial, Yogi Berra, Mickey Mantle, Mike Schmidt, Roy Campanella, Jimmie Foxx, ” Roberts, Stan Kasten, “ We’re Jackie, Sandy, We’re Fernando, Mookie Betts, Freddie Freeman, Yoshinobu Yamamoto, Betts, Freeman, Roberts, “ I’ve, that’s, Mike Lawrence Organizations: Hanamake, High School, Nippon Professional Baseball, Los Angeles Angels, Dodgers, Los Angeles Dodgers, New York Yankees, Yankee, ” Dodgers, Major, Baseball, of Famers, Dodger Locations: Japan, Hanamake Higashi, Iwate Prefecture, Los Angeles, New York, Hanamake

☆ Meet the VP who works year-round to make one of the country's most controversial Halloween candies
▼ + stars: | 2024-10-31 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Matt Escalante is the new VP of Brach's seasonal division, best known for its candy corn. The company knows its top treat is controversial — but it dominates a nearly $90 million market. AdvertisementIf you've eaten candy corn sometime in the last century, there's a good chance it came from Brach's. The confection giant is best known for cornering the candy corn market, churning out 28 million pounds of the candle-like candy each year and raking in $75 million of an $88.5 million candy corn market in 2022, according to data from the consumer research firm Circana. And while the candy corn market stays booming, the product itself — with its waxy texture, neon coloring, and saccharine aftertaste — is notoriously polarizing.

Persons: Matt Escalante, Escalante, —, Brach's, Laffy Organizations: Service, Business, Twitter, Ferrara Candy Company, Street Journal Locations: Brach's, Escalante, Ferrara

☆ New UK budget plan might prove better for the economy in the longer term, economist says
▼ + stars: | 2024-10-31 | 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 EmailNew UK budget plan might prove better for the economy in the longer term, economist saysDavid Owen, founder and chief economist at Saltmarsh Economics, discusses the U.K. Labour government's £40 billion tax raise in the newly disclosed budget plan.

Persons: David Owen Organizations: Saltmarsh, Labour

☆ US makes final ceasefire push before election but doubts progress will be made in Gaza before next US president is known
▼ + stars: | 2024-10-31 | by ( Kevin Liptak | ) edition.cnn.com time to read: +7 min

CIA Director Bill Burns was in Cairo on Thursday for discussions on Gaza and Lebanon, including a meeting with Egyptian President Abdel Fattah El-Sisi. The US envoys also met Israeli defense minister Yoav Gallant to discuss “security arrangements” related to northern Israel, Lebanon and the return of hostages from Gaza. That makes it likely the war in Gaza will continue shadowing the US contest in its final days. Israeli Prime Minister Benjamin Netanyahu speaks at the opening of the 25th Parliament session in Jerusalem on October 28, 2024. The White House offered the same message; National Security Council spokesperson Sean Savett said purported drafts shared online do not reflect the current state of ceasefire talks.

Persons: Benjamin Netanyahu, ”, Najib Mikati, Netanyahu, Biden, –, Bill Burns, Abdel Fattah El, Amos Hochstein, Brett McGurk, Hochstein, McGurk, Israel, Yoav Gallant, Kamala Harris ’, “, ” Harris, Debbie Hill, Harris, Burns, Yahya Sinwar, David Barnea, Mohammed bin Abdulrahman, Lebanon’s Mikati, Sean Savett, CNN’s Lauren Izso, Alex Marquardt, Mostafa Salem Organizations: CNN, American, CIA, White, “, University of Wisconsin -, Getty, Democratic, Hamas, Qatari, Hezbollah, White House, National Security Locations: Gaza, Lebanon, Israel, Cairo, Iran, Madison, University of Wisconsin - Madison, “, Jerusalem, AFP, United States, Qatar, Egypt, Doha, Mohammed bin Abdulrahman al Thani, ” Israel

☆ A radical idea to solve inflation from a radical former Fed pick
▼ + stars: | 2024-10-31 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

A zero percent inflation target might be popular, but it would represent a sharp departure – one that mainstream economists warn would backfire. “Stable inflation is an oxymoron because it means it’s not stable,” Shelton told CNN in a recent interview. In fact, one reason the Fed set its inflation target at 2% is because it’s safely away from that deflation-danger zone. A zero inflation target would mean a path right on the edge. But even some of Shelton’s biggest fans are opposed to her embrace of a zero-inflation target.

Persons: Judy Shelton, Donald Trump, It’s, ” Shelton, Shelton, Trump, ”, Mark Zandi, Zandi, Justin Wolfers, Kamala Harris, it’s, Wolfers, Bill English, “, ” Trump, Stephen Moore, Jerome Powell, Moore, Powell, Kevin Hassett, Reagan, Arthur Laffer, ” Moore, CNN’s KFile, CNN he’s, he’d, Elon, ‘, haven’t, James Grant Organizations: New, New York CNN, Federal Reserve, Fed, CNN, Federal Reserve Board, Moody’s, University of Michigan, Yale University, Heritage Foundation, Trump White House, Trump Locations: New York

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