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Lower interest rates may impact your investment portfolio following the Fed's first rate cut. "They get spooked by something like policy changes and sell out of a diversified investment portfolio. "Generally, lower interest rates boost the economy as lending gets cheaper for consumers and businesses, " says Eckles. However, as interest rates fall, the attractiveness of these cash investments declines. The inverse relationship between bond prices and interest rates means that as rates fall, bond prices rise, providing another return component.

Persons: Banks, Goldman Sachs, JP Morgan, Bakkum, Pam Krueger, annualized, Jaime Eckles, Plante Moran, doesn't, We've, Krueger, Cash Organizations: Federal Reserve

☆ Sean ‘Suga’ O’Malley: Meet the UFC champion who is ‘just so sweet to watch’
▼ + stars: | 2024-09-14 | by ( Ben Morse | ) edition.cnn.com time to read: +10 min

Known for his creative social media output and seismic success in the Octagon, O’Malley has quickly become a fan favorite and UFC champion. O'Malley's combination of his unique look, social media output and success in the ring has made him a UFC favorite. O’Malley said on social media that he was withdrawing from his fight against Jose Quiñonez on October 6, 2018 at UFC 229 after failing a drugs test. A couple of face tats, a couple colorful hairs and boom.”To pair with that, his social media activity differs widely from the traditional content seen from his contemporaries. He explains that he’s always been the “class clown, goofy kid” and that he sought a way of turning that into something more tangible through social media.

Persons: Sean O’Malley, O’Malley, “ Suga, Johnny Aho, ” O’Malley, Georgia’s Merab Dvalishvili, Chris Unger, Jose Quiñonez, ”, ” USADA, Marlon Vera, O’Malley’s, Tim Welch, Welch, Pedro Munhoz, Petr Yan, Aljamain Sterling, “, Vera, Paul Rutherford, Spencer Kyte, Alexander Volkanovski, Stephen ‘ Wonderboy ’ Thompson, O'Malley, Megan Briggs, Suga ”, MMXXIII, ’ ”, ’ “, he’s Organizations: CNN, UFC, CNN Sport, Doping Agency, Fighting, Ecuadorian, YouTube, Getty Locations: Helena , Montana, U.S, Miami , Florida

Donald Trump on Friday defended Laura Loomer after some of the former president's closest allies this week raised concerns about his relationship with the far-right activist. Laura — she’s a, she’s a free spirit. Well, I don’t know. Far-right activist Laura Loomer. “I don’t know that much about it.

Persons: Donald Trump, Laura Loomer, “ Laura, she’s, I’m, ” Trump, Loomer, Lindsey Graham, Thom Tillis, Marjorie Taylor Greene, “, Laura, Laura — she’s, Trump, Kamala Harris, he’d, ”, ” Loomer, Harris, David Dee Delgado, there’s, Greene, Karine Jean, Pierre Organizations: Lawmakers, Trump, NBC News, House Press Locations: Rancho Palos Verdes , California, Sens

A Delaware judge agreed to send another 2020 election defamation case to trial Thursday, ruling that the Newsmax Media published false claims saying Smartmatic voting machines rigged the 2020 election. Florida-based voting machine company Smartmatic, alleging defamation, sued Newsmax Media, also based in Florida, in 2021, arguing that the network claimed its devices rigged the 2020 election. Former President Donald Trump and his allies have repeatedly claimed that the 2020 election was rigged. But in wins for Smartmatic, he ruled firmly that the rigged election claims were definitely false, published by Newsmax and specific to Smartmatic. Smartmatic's case is quite different, in large part because the voting machine company was used only in Los Angeles during the 2020 election.

Persons: Newsmax, Smartmatic, Eric Davis, Donald Trump, Davis, ” Davis, “, ” Erik Connolly, Smartmatic’s Organizations: Media, Associated Press, Newsmax Media, Smartmatic, Dominion Voting Systems, Fox News, One America News Network Locations: Delaware, Florida, Los Angeles

The large audiences are positive signs for Democrats as they seek to turn North Carolina blue for the first time since Barack Obama won in 2008. "There’s a reason why Donald Trump spent more money in August in North Carolina than any other state — because they’re panicking," he said. "They know that Kamala Harris is at least tied or maybe even taking the lead in North Carolina. "We know that if Kamala Harris wins North Carolina, she is the next president of the United States," he continued. North Carolina voted for Barack Obama and made history.

Persons: Kamala Harris, Harris, Donald Trump, “, what’s, Trump, ”, Barack Obama, Roy Cooper, they’re Organizations: Democratic, ABC, Constitution, Trump’s, White, Greensboro, Gov, North Carolina Locations: GREENSBORO, N.C, —, Charlotte, U.S, North Carolina, North, United States

Former President Donald Trump said at a campaign rally Thursday that he would eliminate taxes on overtime pay if he wins a second term in November. "I’m also announcing that as part of our additional tax cuts, we will end all taxes on overtime," he said in Tucson, Arizona. The Trump campaign did not immediately respond to a request for details about the plan. The Harris campaign also pointed to a 2019 Trump administration overtime pay rule that replaced a more expansive proposal pushed by the Obama administration. The 1938 Fair Labor Standards Act created a 40-hour workweek and overtime pay standards, as well as the right to a minimum wage.

Persons: Donald Trump, I’m, Trump, Harris, Donald Trump’s, Joseph Costello, Obama, Kamala Harris, Nielsen, Biden Organizations: Trump, Labor, Child Locations: Tucson , Arizona, Arizona

☆ Trump says he doesn’t control far-right agitator Laura Loomer, calls her a ‘free spirit’
▼ + stars: | 2024-09-13 | by ( Kit Maher | ) edition.cnn.com time to read: +2 min

Rancho Palos Verdes, California CNN —Former President Donald Trump said Friday that he doesn’t control far-right agitator Laura Loomer, whom he described as a “free spirit” and “supporter.”“Laura’s been a supporter of mine, just like a lot of people are supporters, and she’s been a supporter of mine. I’m not sure why you asked that question, but Laura is a supporter. Pressed by Holmes that it’s his allies who have expressed concern, Trump said, “Look, I can’t tell Laura what to do. She’s got strong opinions, and I don’t know what she said, but that’s not up to me. She’s a supporter,” Trump said.

Persons: Donald Trump, Laura Loomer, ” “ Laura’s, she’s, I’m, Laura, ” Trump, Kristen Holmes, Holmes, Trump, ”, She’s, that’s, “, I’ll, Loomer, Kamala Harris, Marjorie Taylor Greene Organizations: Rancho Palos, Rancho Palos Verdes , California CNN Locations: Rancho Palos Verdes , California, Southern California, Philadelphia

☆ Sam Altman’s lesser-known crypto project wants to scan the world’s eyeballs
▼ + stars: | 2024-09-13 | by ( Allison Morrow | ) edition.cnn.com time to read: +9 min

And when that happens, he’s got another project, Worldcoin, in the works to help fix it. To do that, it’s using its proprietary, basketball-ball sized “orbs” that scan people’s eyeballs and create a unique, immutable code based on the pattern of their irises. So I sat down (virtually) with Worldcoin’s co-founder and CEO, 30-year-old Alex Blania, to discuss the project’s origins and future. CNN: A lot of Worldcoin’s focus is future-focused — targeting problems that are hard for us to imagine today. Blania: I think there’s two pieces to that.

Persons: CNN Business ’, Sam Altman, it’ll, he’s, ChatGPT, Altman, ”, AGI, it’s, VCs, Andreesen Horowitz, Alex Blania, Joseph Nair, It’s, you’ve, Worldcoin, We’ve, there’s, There’s, You’ve Organizations: CNN Business, New York CNN, Netflix, Worldcoin’s, CNN, Bloomberg, Getty, SpaceX, Apple Locations: New York, Singapore, Asia, Japan, Spain, Hong Kong, Malaysia, United States

☆ Trump wins a new, quicker path to SCOTUS overturning his felony conviction
▼ + stars: | 2024-09-13 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Read previewLate Thursday morning, Donald Trump lost his last state-level appeal of his hush-money gag order. These two new legal losses now leave the door open for Trump to run to the US Supreme Court, according to constitutional law expert Michel Paradis. New York CourtsBoth losses are eligible under federal statute for Trump to seek Supreme Court review, also known as petitioning for "certiorari," or "cert" for short. Related stories"Ordinarily, the Supreme Court will only agree to hear questions that were decided by a lower court. AdvertisementAnd because Trump is Trump — and because "the Supreme Court can basically do whatever it wants" — the former president will likely dream big, Paradis predicted.

Persons: —, Donald Trump, Michel Paradis, Trump, Paradis, Appeals, Donald Trump's, Hope Hicks, wouldn't, Bush, Gore Organizations: Service, Business, Trump, Columbia University School of Law, New Locations: Manhattan, New York, they're

☆ Same-sex marriage was on a roll in Asia. Not anymore
▼ + stars: | 2024-09-13 | by ( Chris Lau | ) edition.cnn.com time to read: +11 min

The winning formulaMore than 30 jurisdictions worldwide now recognize same-sex marriage, according to the Pew Research Center. Since the first same-sex marriage law was passed in the Netherlands in 2001, progress has been made mostly in Europe, the Americas and Australasia. Gay couples cut a wedding cake in Amsterdam on April 1, 2001 after the first same-sex marriage law was passed in the Netherlands. But on the national level, Japan does not recognize same-sex marriage and local courts have returned conflicting verdicts on the issue. Up to 68% of Japan’s adults support same-sex marriage, the highest share in Asia, according to the Pew Research Center.

Persons: Pokpong Jitjaiyai, ”, Pokpong, Watit Benjamonkolchai, Suen, Nadia Rahman, Marcel Antonisse, Kangwan Fongkaew, ” Kangwan, Jennifer Lu, ” Lu, Taiwan’s, Tsai Ing, Sanjit, Chanakarn Laosarakham, Carl Court, Asia’s, Anish Gawande, Narendra Modi, Gawande, Kazuhiro Nogi, –, Hiroshima’s, Scuffles, Andrew Kim, Roslan Rahman, Shawna Tang, Hong Kong’s, Peter Newman, ” Suen, CNN’s Samra, Yoonjung Seo, Aishwarya Iyer Organizations: Hong Kong CNN, Thailand’s Senate, CNN, Chinese University of Hong, Pew Research, Amnesty, Racial Justice, Refugees, Migrants, Getty, Burapha University, Presidential, List, Court, Japan, Seoul Queer Culture, Christian, Korea University’s College of International Studies, University of Sydney, Appeal, University of Toronto’s, Inwentash, Social Locations: Hong Kong, Bangkok’s, Siam, Thailand’s, Bangkok, Thailand, Southeast Asia, Taiwan, Nepal, Asia, Chinese University of Hong Kong, Netherlands, Europe, Americas, Australasia, Myanmar, Malaysia, Sri Lanka, Brunei, Bangladesh, Indonesia’s ultraconservative, Aceh, United Kingdom, Amsterdam, China, Kathmandu, AFP, Taiwan's, Taipei, India, List India, India’s, Delhi, Tokyo, Japan, South Korea, Daegu, Seoul, Korea, Singapore, aren’t, –, Beijing, Indonesia

☆ Engagement bait's rise on Threads is another example of how we just can't help ourselves on social media
▼ + stars: | 2024-09-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

While rage bait can be found across social media, its prominence on Threads is because of how the app promotes content. AdvertisementWith that in mind, there's often something in your behavior on social media that's leading the apps to send those posts your way. In the grand scheme of things, rage bait is not the worst thing on social media by a long shot . YouTube star MrBeast mastered social media algorithms to build a huge audience in no time. Here's what business students said , and here's what tech students said .

Persons: —, Rebecca Zisser, Katie Notopoulos, Katie, it's, it'll, Samantha Lee, Goldman Sachs, David Solomon isn't, Solomon, Warren Buffett's, Kanu Gulati, she'd, Jensen Huang doesn't, Huang, Alberto E, Rodriguez, MrBeast, Jonah Peretti, Dan DeFrancesco, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Service, Business, Twitter, JPMorgan, Bank of America, Occidental Petroleum, Khosla Ventures, Kanu Gulati Khosla Ventures, Nvidia, Warner Bros, HBO, Charter Locations: Taiwan, China, New York, London

☆ Xi may be holding back on economic stimulus because of Trump's tariff threat, an economist says
▼ + stars: | 2024-09-13 | by ( Huileng Tan | ) www.businessinsider.com time to read: +1 min

China may be delaying economic stimulus ahead of the US election, economist Rory Green says. Beijing is cautious due to potential Trump tariffs, which could impact growth in 2025. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementChina may be holding back on economic stimulus ahead of the US presidential election, an economist wrote on Thursday. This is because Beijing is keeping its powder dry in case Republican candidate Donald Trump wins in the November polls, wrote Rory Green, the chief China economist at GlobalData.TS Lombard.

Persons: Rory Green, —, Donald Trump, Trump Organizations: Service, GlobalData.TS Lombard, Business Locations: China, Beijing, GlobalData.TS

WASHINGTON — White House press secretary Karine Jean-Pierre on Thursday slammed Donald Trump’s association with right-wing conspiracy theorist Laura Loomer, who has become an increasing presence alongside the former president as he seeks a second term. “No leader should ever associate with someone who spreads this kind of ugliness, this kind of racist poison,” Jean-Pierre said at a press briefing. Jean-Pierre was asked during the daily White House briefing on Thursday afternoon for President Joe Biden’s response to a racist post this week in which Loomer targeted Harris’ Indian heritage. Far-right activist Laura Loomer before the start of Donald Trump's trial at Manhattan Criminal Court on April 15 in New York City. Trump’s affiliation with Loomer has prompted feelings of consternation among some Republicans on Capitol Hill, though most GOP lawmakers have declined to weigh in on their association.

Persons: WASHINGTON, Karine Jean, Pierre, Donald Trump’s, Laura Loomer, “, ” Jean, Trump, Loomer, ”, Jean, Joe Biden’s, Harris, Donald Trump's, David Dee Delgado, ’ ” Loomer, Pierre’s, aren’t, Marjorie Taylor Greene, Lindsey Graham, Taylor Reidy Organizations: Trump, White, Manhattan Criminal, Arizona Telemundo, KTAZ, NBCUniversal, NBC News, Capitol, Sen Locations: New York City, Philadelphia, Springfield , Ohio, Springfield

☆ Billionaire undertakes first civilian spacewalk and big moments from the VMAs: Morning Rundown
▼ + stars: | 2024-09-12 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +9 min

Some Donald Trump allies expressed concern over his debate performance. And Taylor Swift and Chappell Roan win big at the MTV VMAs. SpaceX / PolarisFour private citizens orbiting Earth in a SpaceX capsule are attempting to make history by completing the world’s first all-civilian spacewalk. During the outing, Isaacman and Gillis are expected to exit the SpaceX Crew Dragon capsule on a tether. Trump’s conspiracy-laced debate performance prompts concernsFormer President Donald Trump declared Tuesday’s debate against Vice President Kamala Harris a win, but not all his allies see it that way.

Persons: Donald Trump, Taylor Swift, Chappell Roan, Francine drenches, Francine, Jared Isaacman, Scott “ Kidd ” Poteet, Sarah Gillis, Anna Menon, Isaacman, Gillis, Kamala Harris, Harris ’, Trump, David Ingram, Matt Dixon, ’, Megan Thee, Britney Spears, hird, ong, Joh, els, ord Organizations: MTV, Angeles National Forest, SpaceX, Polaris, Air Force, Tech, Republican, Senior, Trump, Megan Thee Stallion, Doha Madani Locations: Louisiana, Southern California, Francine drenches Gulf, New Orleans, Alabama, Florida, California, San Bernardino County, Orange County, ord

Taylor Swift matched Beyoncé's record for the most career MTV Video Music Awards on Wednesday night after winning seven awards in one evening. Before her first win of the night for song of the summer, Swift had 23 VMAs. Swift, 34, ended the night with a win for video of the year, her third consecutive year earning the award. She also took home Moon Person statues for best pop, best artist, best director, best collaboration and best editing. It was a big night for Swift after one of the biggest years of her life.

Persons: Taylor Swift, Swift, Beyoncé, Travis Kelce, Travis, Kamala Harris, Harris, Tim Walz, “, ” Swift, ”, Sen, JD Vance, Benjamin Button Organizations: MTV, Guinness World Records, Country Music, Minnesota Gov Locations: Texas, R, Ohio, U.S, Europe, South America, Asia, Australia, Miami, New Orleans, Indianapolis, Canada

☆ Joe Burrow: Bengals QB addresses wrist injury concerns after video of him picking up water bottle sparks debate
▼ + stars: | 2024-09-12 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —The new NFL season couldn’t have started much worse for Joe Burrow and the Cincinnati Bengals. The quarterback missed the end of last season with a wrist injury to his throwing arm, requiring surgery and a spell on the sidelines. “I picked (the water bottle) up weird?” he said during a press conference, also explaining that his wrist feels “great.”“I don’t know. Burrow has shot down any injury concerns about his wrist, insisting it feels "great." “The more football you see throughout the season, the better you’re going to get,” Burrow said after Wednesday’s practice.

Persons: couldn’t, Joe Burrow, Burrow, “, ”, ” Burrow, Carolyn Kaster, Patrick Mahomes, QBs, “ It’s Organizations: CNN, NFL, Cincinnati Bengals, New England Patriots, Super, Patriots, Bengals, Super Bowl, Kansas City Chiefs, Mahomes

☆ In purple North Carolina, Democrats hope to defeat a MAGA candidate for governor even as the presidential race remains close
▼ + stars: | 2024-09-12 | by ( Arit John | ) edition.cnn.com time to read: +15 min

CNN —Four years ago, North Carolina voters handed Democrats one of the party’s toughest losses and one of its most consequential wins. The race to succeed the term-limited Cooper, however, seems to be leaning toward the Democratic nominee, North Carolina Attorney General Josh Stein. But North Carolina is still a purple state with a history of elections decided by razor-thin margins. Mike Stewart/APA ticket-splitting stateHistorically, North Carolina voters have favored ticket-splitting. “There’s no connection between the gubernatorial ticket and presidential ticket,” said North Carolina Republican strategist Paul Shumaker.

Persons: Donald Trump, Joe Biden, Roy Cooper, Kamala Harris, Harris, Cooper, Josh Stein, Stein, Mark Robinson’s, Sen, Thom Tillis, Pat McCrory, Robinson, ”, ” Jonathan Felts, “, ” Felts, Mike Stewart, Jimmy Carter, Barack Obama, McCrory, HB2, Trump, Hillary Clinton, Paul Shumaker, “ There’s, don’t, He’s, Mark Robinson, ” Robinson, Mike Lonergan, ” Stein, Morgan Hopkins, “ Martin Luther King, It’s, ” Trump, Susan Myers, ” Myers, “ Mark’s, Grant Baldwin, Anderson Clayton, “ He’s, Adam Stein –, Deloris Rhodes, she’s, ” Rhodes, Heather Horak, –, Obama, Robert F, Kennedy Jr, Horak, wasn’t, he’s, ” CNN’s David Wright Organizations: CNN, North, Democratic Gov, Republican, Trump, Democratic, GOP, Democrats, Democrat, North Carolina Republican Council of State, Labor, Republicans, ” North Carolina, AP, North Carolina Republican, Quinnipiac, Fox, America, Democratic Governors Association, Republican Governors Association, “, ”, Getty, Dartmouth, Harvard University, Ivy League, Army Reserves, University of North, Greensboro City, Facebook, Wilmington Business, State Board of Education, Wilmington Locations: North Carolina, Charlotte, Greensboro, ”, Raleigh, McCrory’s, Asheville, Pink Hill , North Carolina, Charlotte , North Carolina, Chapel Hill, Carolina, University of North Carolina, Parkland , Florida, Wilmington

☆ Trump allies do damage control as Harris rides fresh momentum post debate
▼ + stars: | 2024-09-12 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

Harris’ campaign is also leveraging the endorsement of Taylor Swift, which could open a new seam of interest among the pop megastar’s loyal fanbase. The former president also Wednesday publicly toyed with the idea of a second debate, after the Harris campaign challenged him to another round. There’s a case for the vice president folding her tent given that she might not be able to repeat Tuesday’s performance. He weaved a dismissal of the Swift endorsement for Harris into a wider attack on the vice president on Fox News. The Trump campaign is sure to keep up its drumbeat of complaints that she’s avoiding deeper media scrutiny.

Persons: CNN —, Donald Trump, Kamala Harris, Harris, Trump, Joe Biden’s, Taylor Swift, goad Trump, Philippe Reines, Hillary Clinton, CNN’s Kaitlan Collins, Reines, State Clinton, Joe Biden, Michael Bloomberg, Sen, JD Vance, Michael M, Biden, Mike Bloomberg, Andrew Bates, ” Bates, Robert F, Kennedy Jr, Kennedy, ” Harris “, ” Kennedy, ”, Mike DeWine, he’s, smarting, doesn’t, SSRS, ” Vance, John Murtha Johnstown, Mandel Ngan, CNN’s MJ Lee, CNN’s John King, “ Kamala Harris, Linda Rooney, Nikki Haley Organizations: CNN, Democratic National Convention, Trump, State, New York City, Museum, Republican, New, Fox News, ABC News, Republican Party, Ohio’s Republican Gov, Fox, ABC, “, Boxing, UFC, Fighter, Truth, Air Force, Getty, Harris, Democratic, South Carolina Gov Locations: Philadelphia, “, New York, New York City, Shanksville , Pennsylvania, untruths, Springfield , Ohio, Cambria, Airport, Johnstown , Pennsylvania, AFP, Wilmington , Delaware

Standing near them was another figure whose sway with the Republican nominee also cannot be discounted: the far-right provocateur Laura Loomer. Her anti-Muslim social media posts eventually earned her a ban from Twitter that lasted until billionaire Elon Musk bought the website, now known as X, and restored her account. She knows his personal number and has utilized it, one source familiar with the relationship told CNN. When Trump landed in Philadelphia on Tuesday before his debate against Harris, Loomer was among the close allies seen deboarding his private plane. In August of last year, Trump even suggested the campaign hire Loomer for an official role, sources told CNN at the time.

Persons: Donald Trump, Chris LaCivita, Susie Wiles, Laura Loomer, Loomer, Elon Musk, Kamala Harris, Joe Biden, “, Trump, “ I’ve, She’s, Barack Obama’s, Harris, Biden, ”, X, Trump’s, Kamala Harris panders, ” Loomer, Sen, JD Vance, Marjorie Taylor Greene, MAGA, Steve Deace, Ron DeSantis, Wiles, hasn’t, Matt Gaetz, Tulsi Gabbard, Stephen Miller Organizations: CNN, United, Republican, World Trade, Twitter, Trump, GOP, National Association of Black Journalists, Facebook, Florida Gov, White, Boeing, “ Trump Force, Republican National Convention, Hawaii Democratic Locations: United States, New York City, New York, Pennsylvania, America, Philadelphia, Florida, Mar, Butler , Pennsylvania

☆ A tech leader at Accenture shares how AI and cloud tools in the public sector can evolve with regulation: 'It's still the Wild West'
▼ + stars: | 2024-09-12 | by ( Matthew S. Smith | ) www.businessinsider.com time to read: +9 min

Greiner opened up about the evolution of cloud technology and generative AI in the public sector. What's the current demand for AI, particularly generative AI, in the public sector? Cloud went through a similar process, and I think lessons were learned that are now applied to generative AI. Can you provide examples of how generative AI is deployed in the public sector? Are general attitudes toward generative AI receptive or cautious in the public sector?

Persons: Tom Greiner, Accenture's, Greiner, —, we've, they've, there's, We've, Cloud, it's Organizations: Service, Accenture, Department of Homeland Security, Business, Data, National Institute of Standards, Technology, It's, NIST, Excellence, District of Columbia Department of Health, Amazon Web Locations: Europe, United States, Germany

☆ We're in the era of the permanent campaign. Could Kamala Harris change that?
▼ + stars: | 2024-09-12 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +9 min

Read previewWhen Vice President Kamala Harris announced that she was running for president on July 21, she changed more than the dynamics of the race — she upended the entire timeline of presidential elections. AdvertisementMichael Sistak, who served as Sen. Mitt Romney's political director in Michigan in 2012, described a presidential campaign as a "long slog through the mud." AdvertisementIn the 1960s, primaries became a fixture of presidential elections and added months to the campaign. The primary system emerged as a decisive force after World War II and solidified its place in the American presidential election process in 1968. "It's a slog from January all the way to the convention," she said about presidential election years.

Persons: —, Kamala Harris, Harris, Donald Trump, Rachael Cobb, Cobb, Joseph Campbell, Tim Hogan, Hillary Clinton, Amy Klobuchar, they're, Michael Sistak, Sen, Mitt Romney's, Hogan, Sistak didn't, — Campbell, Eugene McCarthy, Hubert Humphrey, Humphrey, Charles Stewart, Stewart, Sistak, Clinton, Daron Shaw, Shaw, isn't, we've Organizations: Service, Business, White House, Suffolk University, American University, White, Romney's, MIT, Politics, UT Austin, Democratic, Republican Locations: Michigan

☆ Bitcoin will surge 117% by year-end if 'crypto president' Trump wins the election, Standard Chartered says
▼ + stars: | 2024-09-12 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

Bitcoin will reach $125,000 by the year's end if Trump wins the election, Standard Chartered said. Bitcoin would reach $75,000 under Kamala Harris, as she is more open to crypto than president Biden, SC said. Under the self-branded "crypto president," bitcoin could reach $125,000 by the year's end, analyst Geoff Kendrick wrote on Thursday. If Harris wins the presidency, bitcoin will reach $75,000 by the end of the year, Kendrick estimates. Even if Trump wins, Kendrick tempered his prior outlook that bitcoin can reach $150,000 by the year's end.

Persons: Bitcoin, Kamala Harris, Biden, —, bitcoin, Donald Trump, Geoff Kendrick, Trump, Gary Gensler, Kendrick, Joe Biden, Harris, Bernstein, Gautam Chhugani Organizations: Trump, Chartered, SC, Service, Securities and Exchange Commission, BTC, MicroStrategy, BlackRock's ETF, Democratic, Treasury

☆ Deutsche Bank on what stocks to buy if Kamala Harris wins
▼ + stars: | 2024-09-12 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Deutsche Bank has some ideas on which stocks investors will want to hold if Kamala Harris comes out on top in November's presidential election. Following Tuesday night's debate , analyst Nicole DeBlase sent a note to clients looking at the themes and individual companies that stand to benefit from another four years of Democrats in the White House. Here's what she likes in this scenario: Residential construction suppliers, which can benefit from more housing support: Lennox International , Stanley Black & Decker , Carrier Global , Trane Technologies and Pentair Stocks tied to a "more cooperative and less protectionist world order": Stanley Black & Decker, Zurn Elkay Water Solutions Electric product and system makers, assuming an intact Inflation Reduction Act: Eaton , Hubbell , Vertiv HVAC stocks, for the same reason: Lennox International, Carrier Global, Trane Technologies, Johnson Controls International Regulation of per- and polyfluoroalkyl contaminants, known as PFAS: Xylem "From a high level, [a] Harris victory would likely bring more support for lower-income households (via housing subsidies/tax breaks) but higher corporate tax rates, less overt protectionism and legislation that limits/reverses climate change," DeBlase told clients. The election is almost universally expected to be close. One measure of economic "misery " appears to favor Harris, using data analysis from research firm Strategas — but only by a narrow margin.

Persons: Kamala Harris, Nicole DeBlase, Stanley Black, Decker, Pentair Stocks, Eaton, Hubbell, Harris, DeBlase Organizations: Deutsche Bank, Lennox International, Carrier, Trane Technologies, Pentair, Solutions, Johnson

☆ I drove the Hyundai Palisade and Subaru Ascent — here's which SUV I'd buy for my family
▼ + stars: | 2024-09-12 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +1 min

I recently drove the Hyundai Palisade Calligraphy and Subaru Ascent Touring family SUVs. The Palisade wins for its true luxury experience, smooth V6 power, and great cabin tech. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . I recently had the chance to drive two of the most popular offerings to hit the market in recent years, the Hyundai Palisade and the Subaru Ascent, to see how they stack up against one another.

Persons: —, they've Organizations: Hyundai, Calligraphy, Palisade, Service, Subaru, Business

☆ These 5 parts of the stock market are most at risk if Trump wins the election and implements wide-reaching tariffs, Barclays says
▼ + stars: | 2024-09-12 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

The presidential candidate has pledged to unleash universal tariffs on all US trade if elected. The firm outlined which five sectors are the most exposed to losses if Trump wins and implements tariffs. To be sure, US firms have some way of navigating higher costs associated with tariffs, Barclays said. Other economists have loudly criticized Trump's tariff idea as fuel for inflation, given that prices will rise amid a pullback in foreign products. AdvertisementAccording to Barclays, inflation would climb 0.09 percentage points in the short run, and US GDP could take a 1.2% hit in the first 12 months.

Persons: Trump's, —, Donald Trump's, Kamala Harris, Trump Organizations: Barclays, Trump, Service, Democratic, Companies Locations: Mexico

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