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GOP senators and top aides say the race could go either way. Scott, who is a McConnell critic, has been more willing to fall in line with Trump than Cornyn or Thune over the last several years. Both Thune and Cornyn are closely politically aligned with the longtime GOP leader. Asked if he would like to get more public endorsements from GOP senators, Thune said he is not asking anyone to do that. They also point out his remarkable ascent – he defeated then-Senate Democratic Leader Tom Daschle in 2004 and is now on a path to possibly becoming GOP leader.
Persons: Mitch McConnell’s, Donald Trump, Sen, John Cornyn, John Thune, McConnell, Trump, Cornyn, Joe Rogan, ” Cornyn, Thune, they’ve, Howard Lutnick, Linda McMahon, Rick Scott, Scott, ” Scott, Laura Loomer, Markwayne Mullin, he’s, “ I’d, ” Mullin, Jonathan Ernst, “ There’s, , West Virginia Sen, Shelley Moore Capito, John Barrasso of, Barrasso, Cornyn’s, , ” Thune, don’t, , I’ve, MAGA, — Trump, ” Trump, Kristi Noem, Kristi, GOP Sen, Tim Scott of, Anna Moneymaker, Steve Daines, Thune’s, Tom Daschle, Biden, Vance Organizations: CNN, GOP, Senate, Trump, Mar, Trump voters, , Republicans, U.S, Capitol, Johns, Republican, Thune, National Republican, Committee, “ Liberal, South Dakota Gov, RINO, U.S . Senate, South Dakota, New, Senate GOP, Democratic Locations: Reno , Nevada, Austin , Texas, Texas, Lago, Washington, Florida, Washington , U.S, West Virginia, John Barrasso of Wyoming, United States, South Dakota, U.S, South, , Tim Scott of South Carolina, New Hampshire, Washington , DC, Montana, Michigan , Indiana , Nevada
Now, the inflation rate is nearly back to normal – miraculously, without the recession and loss of millions of jobs that many predicted. Harris also gets that the economic anxiety fueled by inflation has helped boost the popularity of her opponent, former President Donald Trump. And he’s got a point: The inflation rate never exceeded 3% under Trump – a far cry from the four-decade high of 9.1% under Biden. “I will end inflation,” Trump told a roaring crowd of supporters in battleground North Carolina on Wednesday. More than two-thirds of economists (68%) surveyed by The Wall Street Journal say prices will be higher under Trump than Harris.
Persons: Joe Biden’s, It’s, Kamala Harris, Harris, ” Harris, Donald Trump, he’s, Trump, Biden, it’s, Moody’s, ” Trump, , aren’t, Trump’s Organizations: New, New York CNN, White, Federal Reserve, Trump, Biden, Wall Locations: New York, Russia, Ukraine, North Carolina, China, Mexico
"While Democrats continue to interfere in our election and dismantle election safeguards, we are protecting the vote for all Americans." The Trump campaign declined to comment for this story, referring BI to Zunk's statement. Harris' campaign referred BI to a previous interview with a campaign spokesperson discussing litigation strategy. AdvertisementDemocrats, they say, have already intervened in "dozens of baseless Republican lawsuits to debunk their lies and defeat them in court." Advertisement"The Republican litigation strategy doesn't seem to follow any particular rules, but really is an attempt to throw anything against the wall and see if anything sticks," he said.
Persons: Trump, , Donald Trump, Kamala Harris, John Hardin Young, Sandler Reiff Lamb, Young, Harris, Claire Zunk, Dana Remus, Joe Biden's, Monica Guardiola, Marc Elias, Patrick T, Fallon, Sophia Lin Lakin, Lakin, graf, Jason Torchinsky, Holtzman Vogel, Torchinsky, Elias, It's Organizations: Republicans, Democrats, Service, Republican, Democratic, Trump, Republican National Committee, RNC, Trump Republicans, Business, White, Democratic National, District of Columbia, Stanford, MIT, American Bar Association, Getty, Appeals, American Civil Liberties Union, The ACLU Locations: Washington, Georgia, Pennsylvania, Michigan, North Carolina
Morgan Stanley reiterates Apple as buy Morgan Stanley said it's sticking with the stock following the release of the company's annual 10-K analysis. " Morgan Stanley reiterates Amazon as overweight Morgan Stanley raised its price target on Amazon to $230 per share from $210. Morgan Stanley upgrades Entergy to equal weight from underweight Morgan Stanley said the energy company's outlook has improved. " Morgan Stanley upgrades Roblox to overweight from equal weight Morgan Stanley said in its upgrade of the stock that it sees a long runway for growth. " Morgan Stanley downgrades STMicroelectronics to underweight from equal weight Morgan Stanley said it sees too many headwinds from the semis manufacturer.
Persons: Berkshire Hathaway, Price, Morgan Stanley, Apple, Goldman Sachs, Goldman, it's bullish, Rollins, William Blair, TSMC, Bernstein, Trip.com, Morgan Stanley downgrades STMicroelectronics, Hollister comps, Peter Stern, D.A, Davidson, AAPL Organizations: UBS, Berkshire, Citi, Apple, PlayStation, Barclays, Blackwell, Tencent, Entertainment, Trip.com, Bank of America, Inc, KeySight, Qs, Abercrombie & Fitch Citi, of America, " Bank of America, Meta, Walmart Locations: Kazakhstan, LA, China
"Well, for OPEC, we have demand growth this year at 1.9 million barrels a day," OPEC Secretary-General Haitham Al Ghais told CNBC's Dan Murphy Monday at the Adipec energy conference in Abu Dhabi. watch nowThe Vienna-based oil producer group in mid-October downwardly revised its projections for oil demand growth in the near-term, forecasting growth of 1.93 million barrels a day this year and 1.64 million barrels a day in 2025. This compared to previous forecasts of 2.03 million and 1.74 million barrels a day, respectively. The forecasts come amid a slowing Chinese economy, which has significantly hit oil demand and abundant global supply. When asked about concerns over China's economic trajectory, the OPEC chief replied: "We have China growing at 0.6 million barrels a day this year ...
Persons: Haitham Al Ghais, CNBC's Dan Murphy, Al Ghais Organizations: OPEC, International Energy Agency Locations: Abu Dhabi, Vienna, Paris, China, United States, U.S
Jeff Bezos just invested in an artificial intelligence startup creating digital brains for robots. Videos from the company show robots folding laundry, bussing tables, and assembling boxes. At Physical Intelligence (π) our mission is to bring general-purpose AI into the physical world. Physical Intelligence, a representative for Bezos, and the other VC firms reportedly in the funding round did not immediately respond to requests for comment from Business Insider. OpenAI and Microsoft have invested in humanoid robot startup Figure AI.
Persons: Jeff Bezos, Organizations: Service, Physical Intelligence, Amazon, Lux Capital, The New York Times, Business
Chappell Roan went from the “Pink Pony Club” to the country club on “Saturday Night Live,” surprising fans by going country in both look and sound for her second number of the show, the premiere of a brand new song, “The Giver,” that marries C&W with LGBTQ. “I get the job done,” Roan sang in the refrain of the new song, which shares a theme with “Femininomenon” in making the argument that pleasing a woman is sometimes (or always?) “All you country boys saying you know how to threat a woman right,” Roan said during a spoken word aside in the song — “Well, only a woman knows how to treat a woman right. Roan’s new song is not the first lesbian country song, of course. Now, the big question: Will Roan be invited to get the job done with a Grand Ole Opry appearance?
Persons: Chappell Roan, , ” Roan, “ Femininomenon, Roan, The Dukes, Hazzard, , ” didn’t, Roan’s, riffing, Dan Nigro, they’d, Chappell, stealer, Kayleigh, Nigro, who’ve, Post Malone, Lana Del Rey, Brandi Carlile, Will Roan Organizations: Pony, SNL, ” NBC, New York Times, Beyonce, Ole Opry Locations: Hazzard, New York, Nigro, Los Angeles
When asked why, a Trump campaign official put it bluntly. “If there’s one state that could bite you in the a--, it’s North Carolina,” the official said. Yet he’s made a plan of returning to North Carolina each day until the election. While Harris campaign aides on social media chided Trump for holding a defensive posture in a state that hasn’t gone blue since 2008, the Trump campaign cast the repeated visits to North Carolina as an aggressive, cover-all-the-bases strategy. “North Carolina, I’m here to ask for your vote.
Persons: Donald Trump’s, he’s, Kamala Harris ’, , Trump, Harris, ” Trump, , Hurricane Helene, , Joe Biden, Morgan Jackson, Jackson, Roe, Wade, ” Jackson, , Donald Trump Organizations: Sun, Trump, Gastonia, Silver State, Republicans, Republican, Democratic, optimist, North, North Carolina Democrats, Democrats, Obama Locations: North Carolina, it’s North Carolina, Virginia, New Mexico, Greensboro, Gastonia, Charlotte, Kinston, Raleigh, Gastonia Saturday, Pennsylvania, Wisconsin, Michigan, Nevada, Silver
Election officials warn they’re outmatched and struggling to combat the wave of falsehoods coming from Musk and his platform. Manipulating early voting numbersIn 2020, Trump attacked early voting and mail-in voting, claiming they were used to cheat. Election officials have been inundated with threats of violence since the 2020 election. But Trump and his allies have been laying the groundwork to try to dispute the election should he lose. In Georgia, conservatives sought to allow county election officials to refuse to certify the election results, though the effort was blocked by a state judge.
Persons: Donald Trump, Trump, He’s, he’s, Kamala Harris, , , Ben Ginsberg, you’re, they’re, Justin Levitt, ” Levitt, hasn’t, Elon Musk, they’re outmatched, Musk, it’s, , Kathy Boockvar, Boockvar, Athena, doesn’t, Elon, what’s, Jocelyn Benson, ” Musk, Benson, Lara Trump, CNN’s Donie O’Sullivan, Ruth Greenwood, Harris, Michael Morley, ” Trump, Glenn Youngkin, They’ve, Andy Harris, Hurricane Helene, Ginsberg, ” CNN’s Yahya Abou, Ghazala, Sarah Boxer, Pamela Brown, Ethan Cohen, Marshall Cohen, Zachary Cohen, Devan Cole, Daniel Dale, Curt Devine, Danny Freeman, John Fritze, Brian Fung, Majlie, Puy, Holmes, Lybrand, Sean Lyngaas, Sara Murray, Paula Reid, Fredreka Schouten, Tierney Sneed, Donie O’Sullivan, Casey Tolan Organizations: CNN, noncitizens, Republican, Loyola Law School, Biden White, Elon, Democrat, Benedictine, Republicans, Republican National Committee, Trump, Harvard Law School, RNC, Democratic, Florida State University College of Law, ” Republicans, Virginia Republican Gov, Justice Department, FBI, Department of Homeland Security, Capitol, Maryland GOP, North, GOP, Republican National Locations: American, Florida, Pennsylvania Pennsylvania, Allentown , Pennsylvania, Lancaster County, Lancaster, Pennsylvania, Erie County, Erie, Bucks, Michigan, Texas, Alabama, Georgia, Allegheny County, Portland , Oregon, Vancouver , Washington, Maryland, North Carolina, Hurricane
How to talk like a banker
  + stars: | 2024-11-03 | by ( Emmalyse Brownstein | ) www.businessinsider.com   time to read: +9 min
A manager might leave a comment on a page telling the junior banker to "kill this," which just means delete it. A manager might also instruct the junior banker to "take another stab" at it, which means doing the presentation over again and sending it back by email. In stock market talk, "trading with the Street" usually means someone is trading along the lines of majority opinion. It's so much a part of the culture that the term is also used by higher-ups to describe their junior bankers professionally. Each time a banker makes changes to client materials pre-meeting — like a deck — it's standard practice for every round of edits or changes to be saved as a new file.
Persons: , That's, Momo Takahashi, Morgan Stanley's Ted Pick, it's, drudge, Jane Organizations: Service
CNN —The Netherlands’ Abdi Nageeye won a thrilling men’s race at the New York City marathon on Sunday, while Kenya’s Sheila Chepkirui marked her debut with a victory in the women’s race. Similarly, there was a thrilling finish in the women’s race as Chepkirui accelerated just before the finish to drop her compatriot Hellen Obiri, the defending champion. Eduardo Munoz Alvarez/APIn the men’s wheelchair race, the USA’s Daniel Romanchuk took his first win at this marathon since 2019, ending Swiss star Marcel Hug’s domination of this event in recent years. Britain’s David Weir finished second, five seconds behind Romanchuk, while Japan’s Tomoki Suzuki finished another seven seconds back in third after a thrilling sprint finish. Meanwhile, Romanchuk’s compatriot Susannah Scaroni won the women’s wheelchair race by more than 10 minutes, marking the first time in the race’s history that Americans had won both wheelchair races.
Persons: Netherlands ’ Abdi Nageeye, Kenya’s Sheila Chepkirui, Nageeye, Evans Chebet, Tamarit Tola, Kenya’s Albert Korir, Hellen Obiri, Chepkirui, Obiri, Vivian Cheruiyot, Eduardo Munoz Alvarez, Daniel Romanchuk, Marcel Hug’s, Hug, Britain’s David Weir, Japan’s Tomoki Suzuki, Susannah Scaroni, ” Scaroni, Organizations: CNN, New York City, Runners, AP Locations: Netherlands, Kenya, New York City
WAXHAW, N.C. — Pro-Trump signs outnumber the ones for Harris outside of the Wesley Chapel volunteer fire department, an early voting site in Union County, North Carolina. A crumpled Harris sign adds to pre-election stress in the Union County, North Carolina. Patrick Martin / NBC NewsBryan Robinson, another Union County resident, echoed concerns about the potential for violence and retaliation. Leigh Benish and her son at their church in Butler, Pa. Election-related anxiety, Benish said, has kept her up at night. Leigh BenishThe onslaught is so overwhelming that Benish, a church pastor in Butler, has begun to focus on election stress in sessions with her counselor.
Persons: Harris, , Lisa, Kamala Harris, Walz, , Patrick Martin, Bryan Robinson, “ I’m, Vaile Wright, Bryan Sexton, ” Sexton, Elijah Nouvelage, Leigh Benish, “ I’ve, Benish, Donald Trump, ” Benish, Wright, ” Wright, Sexton, Lisa Quebedeaux, she’s, ” Quebedeaux Organizations: , Trump, Wesley Chapel, Democratic, NBC, American Psychological Association, Duke Center for, ” Media, Butler Locations: N.C, Union County , North Carolina, Charlotte, South Carolina, It’s, Union County, Arizona, Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, Durham , North Carolina, Duluth , Ga, Butler , Pennsylvania, Pennsylvania, Butler, Pa
Unlike younger generations, who until recently may have taken federal abortion protections for granted, older women recall the era of illegal backroom abortions that preceded Roe. A fight for the senior voteNot all older women are motivated by abortion. But in a race that is expected to be decided on the margins, boosting support among women and older voters could make a difference. There are some signs in early voting data that women seniors are highly motivated to vote, said Tom Bonier, a Democratic strategist and CEO of the data firm TargetSmart. Abortion bans in many states, including North Carolina, make exceptions for ectopic pregnancies, but patients have reported delays in care.
Persons: Betty Gunz, she’s, Court’s Dobbs, ” Gunz, Charlotte, Kamala Harris, Donald Trump’s, Roe, Wade —, , , Diane Stevens, Stevens, Harris, KFF, Al Gore, Glen Bolger, they’ll, Trump, Anna Kelly, Tom Bonier, We’re, MaryAnne Handy, Hillary Clinton, Kamala, “ He’s, ” Handy, Cary, Naomi Jean Bernheim, , “ I’ve, you’ve, ” Bernheim, it’s, ” Karen Taggart, Joe Biden, hoodie, Ulla Johnson, Dobbs, Taggart, Mary, Biden, Carolyn, hasn’t, “ It’s, ” Jeanne Gaffney, Mark Robinson, Gaffney, Organizations: North Carolina CNN —, Democrats, CNN, Democratic, Republican, Trump, Republican Party, Social Security, Republican National, Harris, North Carolina Democrats, Chapel, Raleigh Young Democrat, NARAL, Cary, Mint Hill Locations: Charlotte, North Carolina, Carolina, Pennsylvania, Michigan, Wisconsin, Arizona, Cary, Raleigh, Texas, Morrisville, White
This is something I've been looking forward to as I prepare to run my first marathon on November 3. So I consulted Jena Brown, a sports dietitian specializing in endurance racing, who reviewed my plan for the week and suggested improvements. She told me I should aim for roughly 8-12 grams of carbs a day per kilogram of my body weight. After my shorter runs this week, I got a berry smoothie with 55g carbs and 27g protein (from protein powder). Cut down on fiber, fat, and spiceI used regular, refined flour pasta and blended pesto with cottage cheese to make the sauce.
Persons: Carbo, It's, carbo, tenderly undressing, Jena Brown, Julia Pugachevsky Brown, Brown, Ezekiel, Julia Pugachevsky, hydrating, I've, seltzer Organizations: Service, New York Times, Gatorade Locations: carbs
Bank of America shares the top eight cities people are moving to for cheaper rent. The rent hikes are driving people to move to cheaper areas, according to Bank of America. That discrepancy between Bank of America's data and the official rate of rent inflation indicates that people are moving to find more affordable rent instead of staying put, the bank said. Related Video Why rents are still setting record highs in some US citiesThis isn't a new trend — the pandemic led to many people moving to places with cheaper rent as remote work became normalized. Bank of America identified eight cities where people are moving to for cheaper rent below the national average, indicated by a net positive population inflow in Q3 2024.
Persons: Organizations: Bank of America, Service, Consumer, of, Consumers, Redfin Locations: West, Northeast, York, Boston, San Francisco, San Jose, Los Angeles, Southern
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The world's best golf coursesDavid Madison/Getty ImagesDavid Weiss has spent over 30 years traveling to and writing about golf courses. Glasses we love : Affordable and easy to shop, Zenni is one of our favorite places to find customizable prescription eyewear. : Affordable and easy to shop, Zenni is one of our favorite places to find customizable prescription eyewear. We gathered 19 of our favorite places to find stylish and affordable women's work clothes, from two-piece suits to bold blouses.
Persons: , BURCU ATALAY, Tyler Le, Julia Pugachevsky, Sports dietician Jena Brown, Julia, Brown, Tamirat Tola, Bashir Abdi, Tayshia Adams, Phoebe Robinson, Rebecca Zisser, Eva Longoria's, Eva Longoria, Valerie Macon, John Wick, Longoria, David Madison, David Weiss, he's, Chuck Zlotnick, Hulu's, podcasters, Agatha All, Kathryn Hahn, Agatha Harkness, Martha, Martha Stewart's, Dan DeFrancesco, Jordan Parker Erb, Lisa Ryan, Amanda Yen Organizations: Business, Service, New York City Marathon, Sports dietician, Getty, Point, Cabo del, Marvel Television, Netflix, Adidas Locations: Colorado, Europe, Staten Island, United States, AFP, Pebble Beach , California, Cortez, Cabo, Cabo del Sol, Mexico, New York City, New York
Profit also rose at the BNSF railroad, which shipped more consumer goods, and Berkshire Hathaway Energy, where operating expenses declined. It has now sold more than 600 million of the iPhone maker’s shares in 2024, though Apple remained Berkshire’s largest stock holding, at $69.9 billion. The sales comprised a large portion of the $36.1 billion of stock, including several billion dollars of Bank of America shares, that Berkshire sold in the quarter. Operating profit from Berkshire’s dozens of businesses fell to $10.09 billion, or about $7,019 per Class A share, from $10.76 billion a year earlier. This more than offset a near doubling of underwriting profit at Geico.
Persons: CNN — Warren Buffett, Berkshire Hathaway, Hurricane Helene, Apple, Buffett, Helene, Whittaker Clark, Daniels, Greg Abel Organizations: CNN, Apple, Berkshire Hathaway Energy, Bank of America, Berkshire, Hurricane Milton Locations: Berkshire, Geico . Berkshire, Hurricane, Florida, Omaha , Nebraska
Here’s how election night will unfold hour by hour
  + stars: | 2024-11-02 | by ( Zachary B. Wolf | ) edition.cnn.com   time to read: +4 min
Here’s a look at when polls close and how many electoral votes are at stake each hour:7 p.m. 28 electoral votes lean toward Trump: Indiana, Kentucky and South Carolina16 electoral votes lean toward Harris: Virginia and Vermont16 toss-up votes: Georgia7:30 p.m. 10 electoral votes lean toward Trump, including Utah and Montana6 toss-up votes: NevadaTotal votes with polls closed by 10 p.m. 4 electoral votes lean toward Trump: Idaho74 electoral votes lean toward Harris, including California, Oregon and WashingtonTotal votes with polls closed by 11 p.m. 3 electoral votes lean toward Trump in Alaska4 electoral votes lean toward Harris votes in HawaiiTotal votes with polls closed by 1 a.m.
Persons: Donald Trump, Kamala Harris, It’s, Harris, Trump Organizations: CNN, Republican, Democratic, Trump :, Trump, West Virginia, North Carolina Total, Congressional, Pennsylvania, Congressional District, Michigan, Nevada, Washington Total, Hawaii Locations: America, East, West, Florida, Ohio, California, New York, Georgia, Indiana, Kentucky, Trump : Indiana , Kentucky, South Carolina, Harris : Virginia, Vermont, North Carolina, Trump : Ohio, Pennsylvania, Michigan, Texas, Trump : Oklahoma , Missouri , Tennessee , Mississippi , Alabama, Harris : Illinois, Maine , New Hampshire , Massachusetts, Rhode Island , Connecticut , New Jersey , Delaware , Maryland, Washington, Arkansas, Arizona , Michigan, Wisconsin, Wyoming, North Dakota, South Dakota , Nebraska , Iowa , Kansas , Texas, Louisiana, New Mexico , Colorado , Minnesota , New York, Arizona , Wisconsin, Nevada, Utah, Montana, Trump : Idaho, California , Oregon, Hawaii, Alaska, Trump
But the motivation for his first 26.2 mile race is personal: to advocate for gun violence prevention. Bosley and his family have dedicated their lives to stopping gun violence and helping loved ones of those lost to it. While rates of gun violence in Chicago have decreased in recent years, it’s still an ongoing problem. Data from the Chicago Police Department revealed the city’s gun violence and homicide rates dropped by 13% in 2023 to pre-pandemic levels. With his schedule, busy with his job and gun violence prevention work, he makes time for the long runs that marathon training requires.
Persons: Trevon Bosley, Bosley’s, Vincent Avant, Terrell Bosley —, , Trevon Bosley “, ” Bosley, , Bosley, Chicago’s, Joe Biden, , Pam, Tim Bosley, it’s, That’s, Terrell Organizations: TCS New York City Marathon, Zion Church, Parkland, Safer Communities, Chicago Police Department Locations: Chicago, Chicago’s West Pullman, Staten Island , New York, New, Parkland , Florida, Illinois, Indiana, “ Indiana
There are questions on whether North Korea has acquired the technology to shield warheads from the high-temperature, high-stress environment of atmospheric reentry. Many foreign analysts say North Korea also must have improved altitude control and guidance systems for missiles. They say North Korea needs an ability to place multiple warheads on a single missile to defeat its rivals’ missile defenses. All of North Korea’s known ICBM tests, including Thursday’s, have been performed on steep angles to avoid neighboring countries. North Korea’s reported troop dispatch highlights the expanding military cooperation between North Korea and Russia.
Persons: ” KCNA, Kim Jong Un, , Kim, , Lee Sung Joon Organizations: North, Thursday, Korean Central News Agency, “ matchless, Observers, U.S Locations: SEOUL, South Korea, North Korea, U.S, North, Korea, Korean, Russia, Ukraine
Former President Donald Trump and Vice President Kamala Harris have both talked about the importance of making childcare more affordable. Below are three elements of the childcare equation and what the Harris and the Trump camps have either proposed or already done. Child tax creditsTrump and Harris have both proposed expanding the child tax credit, which currently provides up to $2,000 per child. Harris' child tax credit policy would restore the enhanced pandemic-era credit, giving parents up to $3,600 annually per child, with the amount dependent on a child's age and family income. The US's pandemic-era child tax credit expired at the end of 2021 because Republicans in Congress opposed it.
Persons: Harris, Trump, , Donald Trump, Kamala Harris, Joe Biden's, Grant —, Anne Hedgepeth, Cindy Lehnhoff, Vance, hasn't Organizations: Service, Business, Child Care, Child Care Association, Budget
The Pre-Market Rundown: November 01, 2024
  + stars: | 2024-11-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNews Update – Pre-MarketsCNBC brings you fast, accurate, and actionable business news and market updates.
Organizations: CNBC
Exxon earnings beat, increases fourth-quarter dividend
  + stars: | 2024-11-01 | by ( Spencer Kimball | ) www.cnbc.com   time to read: +1 min
An Exxon gas station is seen in the Brooklyn borough of New York City on Oct. 6, 2023. Exxon Mobil beat third-quarter earnings expectations, as the oil major reached its highest liquids production level in more than four decades. Revenues: $90 billion, vs. $93.94 billion expectedThe oil major booked net income of $8.61 billion in the quarter, or $1.92 per share, down about 5% compared to $9.1 billion, or $2.25 per share, in the year-ago period. The company returned $9.8 billion to shareholders in the quarter and increased its fourth-quarter dividend to $0.99 per share. Exxon said it has reached its high production level in more than 40 years at 3.2 million barrels per day.
Organizations: Exxon, Exxon Mobil, LSEG Locations: Brooklyn, New York City
You can put even more of your pre-tax dollars toward saving for retirement in 2025. The Internal Revenue Service announced the new 401(k) contribution limits for 2025 on Friday. Individuals can contribute up to $23,500 to employer-sponsored retirement accounts including 401(k)s, 403(b)s, most 457 plans and federal Thrift Savings Plans. People in that age range can contribute an additional $11,250 in 2025 to hit a maximum contribution of $34,750. If you don't have access to a 401(k) or want an additional retirement account, savers can contribute up to $7,000 to an individual retirement account in 2025, plus an additional $1,000 for those ages 50 and older, the same limits as in 2024.
Persons: Roth Organizations: Internal Revenue Service, Savings, People
“She has been pretty resistant to having those conversations,” said one senior Democrat familiar with the pre-election discussions with the vice president. While Harris’ transition team has been operating out of government-provided offices in Washington, Trump’s transition team is working from Manhattan and the Willard Hotel in Washington. A Harris victory would trigger the first same-party transition since 1989, when President Ronald Reagan handed off the presidency to his vice president, George H.W. Yet the extent to which Harris would retain members of the Biden administration is largely unknown. While Harris has maintained relationships with individual Cabinet and administration officials, some believe she will prefer to start anew with her own team.
Persons: CNN — Kamala Harris, Donald Trump, Harris, , , I’ve, he’s, Joe Biden, Biden, Harris –, Harris ’, Ronald Reagan, George H.W, George H.W . Bush, “ They’re, Yohannes Abraham, Josh Hsu, Dana Remus Organizations: CNN, Harris Cabinet, Trump, White, Democratic, GOP, West Wing, White House, Biden, Republican, Association of Southeast Asian Nations Locations: Washington, Manhattan, Washington ., California, George H.W .
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