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☆ The economy seems to be firing on all cylinders — but a veteran JPMorgan strategy chief says one underappreciated risk could cause a serious global slowdown
▼ + stars: | 2024-10-29 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Corporate earnings growth, productivity growth, and business fixed investment all seem to be headed in the right direction as well. Related storiesThese signals have given David Kelly, JPMAM's chief global market strategist, great confidence. Such tariffs would cause "seismic shocks to the US economy," Tom Orlik, the chief economist at Bloomberg Economics, said earlier this month. Charles Schwab global investment strategy chief Jeffrey Kleintop cited tariffs as a top risk back in June. "But oddly enough, the global economy bounced back anyway.

Persons: David Kelly, —, JPMAM, Kelly, Donald Trump who's, Tom Orlik, Charles Schwab, Jeffrey Kleintop, I'd Organizations: JPMorgan Asset Management, Service, Asset Management, Federal Reserve, Bloomberg Economics, Peterson

☆ We're downgrading Honeywell shares, plus Starbucks makes a menu change
▼ + stars: | 2024-10-29 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. We will hear more about this broader strategy on the company's earnings call Wednesday night. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Wolfe, Oleato, Brian Niccol's, Eli Lilly, Jim Cramer's, Jim, Jeff Greenberg Organizations: CNBC, Nasdaq, Treasury, Honeywell, We're, Wolfe Research, Bloomberg, Starbucks, GE Healthcare . Caterpillar, Humana, Brinker International, Trane Technologies, Otis, Jim Cramer's Charitable, Universal, Getty Locations: Dover, Illinois, Atlanta , Georgia

☆ Jim Cramer explains how rising bond yields could dampen the market's rally
▼ + stars: | 2024-10-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Tuesday lamented rising bond yields' effect on the market, saying this action could narrow the rally to tech and diminish broader sector gains. Some on Wall Street were expecting bond yields to decline after the Federal Reserve issued a hefty 50-basis-point cut and indicated there would be more to come over the next several months. Cramer said investors are drawn back to tech stocks as higher rates complicate the growth narratives for economically sensitive corners of the market. In recent months, investors were hoping that lower borrowing costs would help companies — such as those in the industrial sector and other housing-related areas — see an increase in business and, by extension, their stock prices. "If [the bond market] doesn't stop its retreat, then we're going to start questioning the idea that the Fed will keep cutting rates, ushering in a fabulous economy for 2025," Cramer said.

Persons: CNBC's Jim Cramer, Cramer Organizations: Federal Reserve, Dow Jones, Nasdaq

☆ Over 46 million early voters already cast ballots as Harris, Trump enter final sprint
▼ + stars: | 2024-10-29 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

With one week until the Nov. 5 election, early voting is underway in all seven battleground states, along with dozens of others. While millions of Americans have stood in line to cast ballots in person, another 20 million have mailed in their ballots. The 46.5 million early votes are almost evenly split between ballots cast in person versus by mail, according to the University of Florida's Election Lab. Georgia also smashed its first-day early voting record with an estimated 310,000 ballots cast on Oct. 15. By Tuesday, just under 3 million ballots had been received.

Persons: Kamala Harris, Donald Trump Organizations: NBC News, University of Florida's Locations: Asheville , North Carolina, U.S, North Carolina, Georgia

☆ NFL Power Rankings Week 9: Bills up, Cowboys down, plus Something Scary for every team
▼ + stars: | 2024-10-29 | by ( Josh Kendall | ) www.nytimes.com time to read: +22 min

In a nod to the nation celebrating Halloween this week, the Power Rankings have searched far and wide for Something Scary for each team. ETLast week: 7Sunday: Beat Seattle Seahawks 31-10Something Scary: The turnover marginRight now, it’s great. ETLast week: 11Sunday: Beat Tampa Bay Buccaneers 31-26Something Scary: The pass rush curseBaker Mayfield threw 50 passes Sunday. Arizona Cardinals (4-4)Last week: 21Sunday: Beat Miami Dolphins 28-27Something Scary: The scoring defenseArizona’s opponents are averaging 2.64 points per drive. Dallas Cowboys (3-4)Last week: 16Sunday: Lost to San Francisco 49ers 30-24Something Scary: The run gameEzekiel Elliott led the Cowboys with 10 carries for 34 yards on Sunday.

Persons: Jared Goff, DeAndre Hopkins, He’ll, Patrick Mahomes, Hopkins, He’s, Bo Nix, Andy Dalton, Gardner Minshew, Deshaun Watson, Love, Josh Allen, Allen, C.J, Stroud, Cedric Tillman, Jason Miller, Mike Macdonald, Zach Orr, There’s, Dean Pees, Winston, Jayden Daniels, Daniels, Caleb Williams, didn’t, Mary, That’s, Turner, Brian Flores, haven’t, George Kittle, Lachlan Cunningham, Brandon Aiyuk, Baltimore, Buffalo’s James Cook, Baker Mayfield, Mike Evans, Chris Godwin, Rakim Jarrett, Jaleel McLaughlin, Nate Adkins, Morgan Engel, Sean Payton, Jim Harbaugh, Justin Herbert The, Harbaugh, who’s, Herbert, Williams, Sunday’s, Cooper Kupp, Puka, Sean McVay, Cooper, Tua Tagovailoa, Anthony Richardson’s, TruMedia, Richardson, Joe Flacco, Colts HC Shane Steichen, Anthony Richardson, — James Boyd, Ezekiel Elliott, Jerry Jones, Derrick Henry, Henry, Jameis Winston, Cleveland, Watson, Justin Herbert, Nathan Shepherd, Bradley Bozeman, Shepherd, pic.twitter.com, 2ybL6tK9YL — Nate Tice, Tyrone Tracy, Alexander Mattison, Drake, Maye, They’ve, Aaron Rodgers, Mike McDaniel, McDaniel, Christian Kirk, Brian Thomas Jr, Kirk, Thomas, Calvin Ridley, Lloyd Cushenberry, Chidobe, Tony Pollard, Kenneth Murray, Ridley, it’s, Bryce Young, Steph Chambers Organizations: Lions, Panthers, Beat Tennessee Titans, Green Bay Packers, Las Vegas Raiders, Tampa Bay Buccaneers, Chiefs, Beat Jacksonville Jaguars, Jaguars, Detroit Lions, Beat Seattle Seahawks, Bills, 49ers, Miami Dolphins, Beat Indianapolis, Texans, EPA, AFC, New York Jets, Trenton Simpson, Ravens, Browns, Cleveland Browns, Denver Broncos, Beat Chicago Bears, Washington, New York Giants, Los Angeles Rams, Rams, Indianapolis Colts, Vikings, Beat Cincinnati Bengals, Bengals, Eagles, Philly, Jacksonville Jaguars, Beat New York Giants, Cowboys, San Francisco 49ers, Beat Dallas Cowboys, Seattle Seahawks, Buffalo Bills, Seahawks, Seattle, Falcons, Dallas Cowboys, Atlanta Falcons, Tampa Bay, Atlanta, Bucs, Kansas City Chiefs, Broncos, Sunday, Beat Carolina Panthers, Denver, Baltimore Ravens, Beat New Orleans Saints, NFL, Los, Chicago Bears, Bears, Arizona Cardinals, Beat Minnesota Vikings, Beat Miami Dolphins, Cardinals, Dolphins, Cincinnati Bengals, Philadelphia Eagles, Houston Texans, Indianapolis, Colts, Minnesota Vikings, Colts HC, Dallas, Giants, Steelers, Cowboys isn't, Beat Baltimore Ravens, Los Angeles Chargers, New, New Orleans Saints, Chargers, Carolina Panthers, Bradley, Pittsburgh Steelers, Raiders, Beat New York Jets, Patriots, Tennessee Titans, New England Patriots, Jets, Miami, Green Locations: Detroit, Green, Buffalo, Baltimore, Chicago, San Francisco, Los Angeles, Washington, Cincinnati, New Orleans, Las Vegas, New England, New York, Tennessee

☆ American Battleground: Christianity and chokeholds, the powerful forces propelling Trump
▼ + stars: | 2024-10-29 | by ( Tom Foreman | ) edition.cnn.com time to read: +22 min

“Hey hey, ho ho, thank you, Joe, it’s time to go!”The success of former President Donald Trump’s campaign is becoming a catastrophe for sitting President Joe Biden. A fundraising appeal from the Biden campaign says, “How does a guy who used to say that Donald Trump and his policies were ‘reprehensible,’ become Donald Trump’s running mate? Through years of being a rubber-stamp for Donald Trump’s extreme, MAGA agenda. Women voters, whom the Trump campaign desperately needs, start posting cat memes sharply critical of Vance’s views. But even though Trump is casting himself as the martyr, within days it will seem he was playing the prophet.

Persons: Joe Biden, Donald Trump, Read, Joe, Donald Trump’s, Trump, Roe, Wade, ”, “, Shadi Hamid, Trump nodded, White Trump, Biden, CNN’s MJ Lee, ‘, ’ ” Biden, David, Jill, granddaughters Finnegan, Natalie, Haiyun Jiang, ABC’s George Stephanopoulos, ” Biden, NBC’s Lester Holt, Hakeem Jeffries, “ Joe Biden, ” Sen, Chris Coons, vise, Wade –, Ben Carson, Ken Cuccinelli, Mark Meadows, Stephen Miller, Peter Navarro, CNN’s Phil Mattingly, they’ve, ” Mattingly, ” Trump, J.D, Vance, ” Ohio Sen, JD Vance, Rebecca Wright, “ America’s Hitler, MAGA, “ Vance, Mike Pence wouldn’t, Jen O’Malley Dillon, ’, ” Vance, —, Kamala Harris, Pete Buttigieg, we’ve, sociopaths ”, Alayna Treene, George Clooney, Volodymyr Zelensky “, Putin, Barack Obama, Nancy Pelosi, Chuck Schumer, Samuel Corum, Hillary Clinton, Trump’s, ” CNN’s John King, Hulk Hogan, Let Trump, Sean O’Brien, Carolina Sen, Tim Scott, Ron DeSantis, Vivek Ramaswamy, Nikki Haley, “ Donald Trump, thrall, Hogan, Will Lanzoni, luxuriating, Ozzy Osbourne, Andy Kaufman, Chauncey DeVega, weathers, Bernadette Tuazon, CNN “ I’m, I’m, Kamala Harris ’ Organizations: CNN, White, Pew Research, National Religious Broadcasters, The Washington Post, Trump, New York Times, Democratic Party, ”, New York Democrat, Heritage Foundation, Justice Department, Republican National Convention, Senate, Fox News, GOP, Women, Biden, NATO, Democrats, Democratic, Getty, Democrat, Republican, RNC, Florida Gov, South Carolina Gov, Grand Old Party, Atlantic City, World Wrestling Entertainment Hall of Fame, Salon, Republican Party, Resolute, “ Locations: The, Delaware, ”, Detroit, Pennsylvania, Wisconsin, United States, Great State of Ohio, ” Ohio, Idaho, Milwaukee, Ohio, Las Vegas, AFP, American, Carolina, Florida, Milwaukee’s, America

☆ Jeff Bezos speaks on WaPo drama: We have to 'increase our credibility'
▼ + stars: | 2024-10-29 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

Jeff Bezos defended The Washington Post's decision to not endorse a presidential candidate. The Post earlier reported that Bezos made the decision to not publish an endorsement. AdvertisementThe decision also wasn't a "quid pro quo" to curry favor with Donald Trump, Bezos said. "I sighed when I found out, because I knew it would provide ammunition to those who would like to frame this as anything other than a principled decision," Bezos wrote. On Friday, the newspaper's publisher, Will Lewis, initially announced the Post's decision.

Persons: Jeff Bezos, Bezos, Donald Trump, Kamala Harris, —, Will Lewis Organizations: Service, Trump, Gallup, NPR, Los Angeles Times, Business Locations: Washington, Pennsylvania

☆ Dodgers’ Freddie Freeman becomes first player in MLB history with a HR in 6 straight World Series games
▼ + stars: | 2024-10-29 | by ( Lauren Merola | ) www.nytimes.com time to read: +2 min

The Los Angeles Dodgers first baseman became the first player in MLB history to record a home run in six straight World Series games when he cranked a two-run homer out of Yankee Stadium in Game 4 on Tuesday. AdvertisementThe hit, which gave the Dodgers an immediate 2-0 pad, was Freeman’s fourth of the 2024 World Series. His previous two World Series home runs came in Game 5 and Game 6 of the 2021 finals. He's the first player in MLB history with six consecutive #WorldSeries games with a home run. After taking the commanding 3-0 series lead on Monday, Freeman was told he tied the World Series record by homering in five consecutive games.

Persons: Freddie Freeman, Freeman, FREDDIE FREEMAN, LAM, —, omer, odgers, ake Organizations: Los Angeles Dodgers, Yankee, Dodgers, Atlanta Braves, Houston Astros, MLB, RAND

Donald Trump headlines a rally in Madison Square Garden after racist and crude remarks from his allies. Quarter Pounders are back on the menu at McDonald's after tests show patties were not the source of the E.coli outbreak. They come inside, just like they did to our country.”There was an uncomfortable reception to his punchlines in the arena. ➡️ Harris campaigned in Philadelphia over the weekend, marking her 14th visit to Pennsylvania since she entered the race in July. 🙌 49ers TE George Kittle had a breakout performance with 128 yards and a touchdown as his team improved to 4-4.

Persons: Donald Trump, Julia Demaree Nikhinson, Kamala Harris, Tony Hinchcliffe, “, David Rem, Harris, ” Tucker Carlson, ” Melania Trump, Trump, ”, Harris ’, ➡️ Harris, JD Vance, Vladimir Putin, ” ➡️ Harris, ➡️, McDonald’s, Eakin Howard, Greg Rosenstein, Ari z, Mia, stu, dou Organizations: NFL, MSG, Black, Trump, NBC, NBC’s, Press, Democratic, GOP, Colorado Agriculture Department, Food and Drug Administration, Farms, CDC, San Francisco 49ers, Dallas, Sunday, NBC News, ards, pla Locations: Madison Square, Puerto Rico, New York, Malaysian, California, Wisconsin, Michigan, Michigan’s, Philadelphia, Pennsylvania, Colorado, Colorado , Kansas , Wyoming

☆ Japan’s government in flux after election gives no party majority
▼ + stars: | 2024-10-28 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +5 min

TOKYO — The makeup of Japan’s future government was in flux on Monday after voters punished Prime Minister Shigeru Ishiba’s scandal-tainted ruling coalition in a weekend election, leaving no party with a clear mandate to lead the world’s fourth-largest economy. The biggest winner of the night, the main opposition Constitutional Democratic Party of Japan (CDPJ), had 148 seats, up from 98 previously, but also still well short of the 233 majority. But days before the vote, a newspaper affiliated with the Japan Communist Party reported that the party had provided campaign funds to branches headed by non-endorsed candidates. “LDP’s payments to branches show utter lack of care for public image,” ran an editorial in the influential Asahi newspaper two days before the election. In one bright spot, a record 73 women were elected into Japan’s male-dominated parliament, surpassing 54 at the 2009 election.

Persons: Shigeru Ishiba’s, “, Ishiba, Komeito, Keiichi Ishii, ”, Tobias Harris, Yoshihiko Noda, Fumio Kishida, Yuichiro Tamaki, Nobuyuki Baba, Rintaro Nishimura, Masakazu Tokura Organizations: U.S, Ishiba’s Liberal Democratic Party, Constitutional Democratic Party of Japan, Japan Foresight, LDP, Japan Communist Party, Asahi, Democratic Party for, People, Japan Innovation Party, DPP, Bank of Japan, Asia, Komeito Locations: TOKYO, China, North Korea, Japan

☆ ‘Venom 3’ slinks to $51 million, lowest opening weekend of comic book trilogy
▼ + stars: | 2024-10-28 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +6 min

1 at the box office, but the comic book film fell significantly short of expectations. After much bigger launches, the first “Venom” powered to $856 million worldwide while “Let There Be Carnage” surpassed $500 million worldwide. The follow-up to 2019’s billion-dollar hit “Joker” has turned into a box office disaster with $57.8 million domestically and $201.1 million globally. The R-rated sequel to 2022’s “Smile,” which topped the box office last weekend, has generated $40.7 million in North America and $83 million worldwide to date. The well-reviewed family film has endured at the box office with minimal week to week drops, amassing $111 million domestically and $232 million worldwide so far.

Persons: “, Tom Hardy, ”, Venom, Kelly Marcel, Hardy, Eddie Brock, Jeff Bock, ’, Robert Zemeckis, Tom Hanks, Robin Wright, Dwayne “, ” Johnson, “ Moana, David A, Gross, Ralph Fiennes, Edward Berger, Audiences, Andrew Garfield, Florence Pugh, Sean Baker’s Palme d’Or Organizations: Marvel, Sony, Yankees, Dodgers, Rotten, Entertainment Research, Warner Bros, Catholic, Universal, DreamWorks, Cannes Locations: New York City, Los Angeles, North America, CinemaScore, Russian

☆ Rodri and Aitana Bonmatí win men’s and women’s Ballon d’Or awards
▼ + stars: | 2024-10-28 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +5 min

CNN —It was a successful night for Spanish soccer at the Ballon d’Or awards ceremony – the annual soccer awards celebrating the best players in the men’s and women’s game. Manchester City and Spain midfielder Rodri won his first Ballon d’Or, while Barcelona and Spain star Aitana Bonmatí won her second consecutive Ballon d’Or Féminin during Monday’s presentation. Rodri credited his improvement in the final third in helping him win the award. Franck Fife/AFP/Getty ImagesBonmatí was once again crucial to Barcelona Femení’s success this year and won her second consecutive Ballon d’Or award. Lamine Yamal won the Kopa Trophy – the award given to the best under 21 player in men’s football.

Persons: Rodri, Ballon d’Or, Aitana Bonmatí, d’Or, Lamine Yamal, ” Rodri, “, Real Madrid’s Vinícius, Jude Bellingham, Franck Fife, Bonmatí, “ I’m, ” Bonmati, Natalie Portman, it’s, you’ve, ” Portman, Caroline Graham Hansen, Salma Paralluelo, Graham Hansen, Paralluelo, Caroline, Salma, Yamal, Pedro Salado, Ballon, Aitana, Spain Gerd Müller, Harry Kane, Kylian Mbappé, Emiliano Martínez, Spain Socrates, Jennifer Hermoso, Women’s Johan Cruyff, Emma Hayes, USA Men’s Johan Cruyff, Carlo Ancelotti Organizations: CNN, Spanish, Ballon, Manchester City, Manchester City’s, League, Real Madrid, La Liga, Getty, Barcelona, Liga F, Champions League, la Reina, Hollywood, Spain, Real, Bayern, PSG, France Yashin, Aston Villa, Argentina Kopa, Club Tigres Femenil, Real Madrid Women’s Club, Men’s Locations: Spain, Barcelona, Spanish, Paris, Real, Bellingham, AFP, Real Madrid, El, Manchester City, Aitana Bonmatí, Bayern Munich, England, Chelsea, USA

☆ Decades in a country he can’t call home: South Korean’s US adoption nightmare
▼ + stars: | 2024-10-28 | by ( Hanna Park | ) edition.cnn.com time to read: +8 min

Crapser made history as the first Korean adoptee to sue the South Korean government and his adoption agency for damages in 2019. As he awaits a court decision in Seoul, a bill that could grant him US citizenship remains stalled in Congress. CNN reached out to the adoption agency, Holt Children’s Services, for comment but did not immediately receive a response. In response to recent media reports about adoptions from South Korea in the 1980s, Holt International acknowledged the potential unethical practices in a public statement and noted Holt Children’s Services separated from Holt International in 1977. The Seoul High Court is set to render its decision on January 8 regarding Crapser’s seeking of monetary damages.

Persons: Adam Crapser, – Crapser, ” Crapser, “, —, Crapser, “ I’m, I’ve, Adam Smith of, — “, Don Bacon of Nebraska, Christal, Christina, Anh Nguyen, Gosia, “ It’s, don’t, ”, he’s, “ I’ve, Holt, ” Holt Organizations: CNN, US, South Korean, Democratic Rep, Republican, Congress, Seoul Central, Court, Associated Press, Holt Children’s Services, Holt International, AP Locations: States, Seoul, Michigan, Korean, Adam Smith of Washington, Vancouver, Washington, United States, South Korea, Korea

☆ Gold slips as dollar firms; market eyes crucial U.S. data
▼ + stars: | 2024-10-28 | by ( ) www.cnbc.com time to read: +2 min

A one kilogram gold bar sits on top of silver bars. Gold prices fell on Monday as the U.S. dollar held firm, while investors awaited U.S. economic data for fresh insights on the Federal Reserve's monetary policy path. Spot gold fell 0.5% to $2,733.01 per ounce, as of 0232 GMT. A stronger dollar makes gold less appealing for other currency holders. Gold hit a record high of $2,758.37 on Wednesday, driven by safe-haven demand due to geopolitical uncertainties.

Persons: Tim Waterer, CME's, Benjamin Netanyahu, Ali Khamenei, Donald Trump, Kamala Harris Organizations: U.S ., Federal, U.S, KCM, Fed, Iranian Locations: U.S

☆ Jim Cramer wants to buy more shares of 2 portfolio companies with favorable catalysts
▼ + stars: | 2024-10-28 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. "You want to own the stock," Jim said. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Stocks, Jim, TD Cowen, Jim Cramer's Organizations: CNBC, Nasdaq, Microsoft, Delta Air Lines, Home Depot, Dow, pullbacks, Semiconductor, Spotify Locations: Delta

☆ No other sector has more on the line in this election than energy. How to play it
▼ + stars: | 2024-10-28 | by ( Spencer Kimball | ) www.cnbc.com time to read: +7 min

The Invesco Solar ETF (TAN) and the iShares Global Clean Energy ETF (ICLN) have tumbled more than 9% and 10%, respectively. While Trump's platform says he wants to unleash production from all sources, the document specifically calls out oil, gas and nuclear. How voters perceive the two candidates' energy policies could end up playing an influential role in the outcome of the election altogether. While the election will bring short-term volatility, the solar industry remains well positioned for long-term growth, according to Bank of America. About 25% of oil and 10% of natural gas production is on federal land and waters, according to the bank.

Persons: Donald Trump, Kamala Harris, Harris, fracking, Barack Obama, Trump, Steve Fleishman, Roger Read, Read, Biden, Morgan Stanley Organizations: Trump, Republican, Green New, Clean Energy, Bank of America, Keystone State, GOP, Republicans, Democratic, Wolfe Research, Wells, Wells Fargo Securities . Oil, Biden, CNBC, Exxon, Chevron Locations: Wisconsin , Michigan, Pennsylvania, China, Trump, Wells Fargo, U.S, New Mexico, Gulf of Mexico, Alaska, Iran, Tehran

☆ GOP’s aggressive legal election strategy has more than 130 cases
▼ + stars: | 2024-10-28 | by ( Tierney Sneed | Devan Cole | ) edition.cnn.com time to read: +12 min

Democrats had warned the new rules around certification could allow local election officials to delay or altogether decline to certify the election results as they searched for purported fraud or irregularities. Key GOP state officials, including Secretary of State Brad Raffensperger, had also opposed the new rules. Republican state officials have launched an emergency appeal in Virginia, while Trump has attempted to play up the ruling for political gain. A Republican lawsuit led to a settlement with Detroit election officials that affirmed that there would be at least one GOP poll watcher in each precinct. But in Wisconsin, a judge rejected a lawsuit there to force election officials to hire more GOP poll workers in Racine.

Persons: —, it’s, Donald Trump’s, they’re, Leah Tulin, Brennan, ” Tulin, ”, Republicans ’ “, Claire Zunk, Jocelyn Benson, Kamala Harris, Brad Raffensperger, Joe Biden’s, Trump Organizations: CNN, Republican, GOP, Republicans, Brennan Center for Justice, New York, Republican National Committee, CNN Republicans, Pennsylvania Supreme, Michigan Republicans, Democrat, Trump, Board, Department, Nevada GOP, America, Policy Institute, Democratic, RNC, House, of North, of North Carolina Chapel Hill Locations: In Pennsylvania, Pennsylvania, Nevada, Mississippi, Georgia, Arizona, Arizona , Georgia, Michigan, Alabama, Virginia, Detroit, Wisconsin, Racine, Pennsylvania , Michigan, North Carolina, of North Carolina, Nebraska

☆ Oracle applies to join Epic and others in new federal medical record network
▼ + stars: | 2024-10-28 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Oracle on Monday announced it intends to join a new federally-backed medical network that will make it easier for clinics, hospitals and insurance companies to share patients' data. Oracle, which acquired the medical records giant Cerner for $28 billion in 2022, is the latest major vendor to support TEFCA, joining its chief rival Epic Systems. Oracle needs to be approved to join TEFCA, but its interest in doing so helps to bolster the nascent network's credibility. "This is just a natural next step," Seema Verma, executive vice president and general manager of Oracle Health and Life Sciences, told CNBC in an interview. The main groups that participate in health-data exchanges through TEFCA are called qualified health information networks, or QHINs.

Persons: Larry Ellison, TEFCA, Seema Verma, Ken Glueck, Judy Faulkner, – Organizations: Oracle Corp, Oracle, Monday, Epic Systems, TEFCA, Oracle Health, Life Sciences, CNBC Locations: San Francisco , California, U.S, TEFCA

☆ Stocks making the biggest moves midday: Taiwan Semiconductor, On Semi, Delta Air Lines and more
▼ + stars: | 2024-10-28 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

Robinhood — The fintech stock rose less than 3% after it said Monday that users will have the chance to trade a Kamala Harris or Donald Trump contract ahead of next week's presidential election. ON Semiconductor — The semiconductor product maker rose 5% after third-quarter earnings and revenue topped analyst estimates. Nutanix — The cloud infrastructure stock rose 4% following an upgrade to overweight from equal weight at Morgan Stanley. Moderna — Shares jumped after Moderna and Merck said they initiated a phase 3 trial investigating a treatment for non-small cell lung cancer. Moderna shares advanced 3.9%, while Merck was slightly higher.

Persons: Wells, Steven Cahall, Kamala Harris, Donald Trump, Israel, FactSet, Eugene Hsiao, Wolfe, Roy Jakobs, Nutanix, Morgan Stanley, Meta Marshall, Merck, Timothy Wojs, Aaon, — CNBC's Sean Conlon, Michelle Fox, Alex Harring, Sarah Min, Pia Singh Organizations: Spotify, U.S . Occidental Petroleum, Exxon, BP —, Citi, McDonald's, Taiwan Semiconductor Manufacturing, Huawei, Reuters, The U.S, Delta Air Lines, CrowdStrike, Honeywell —, Philips —, —, Moderna, Merck, Baird Locations: China, Atlanta

☆ Wells Fargo names Spotify a top pick, sees more than 20% upside
▼ + stars: | 2024-10-28 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Wells Fargo sees outperformance from Spotify ahead. These are all the components of a premium growth stock." "We think SPOT is viewed as a positive actor due to its investments in [user interface] and cont'd sub growth," the analyst said. "More likely, we think SPOT and its Label partners could look to find new avenues of monetization, which might incl. SPOT YTD mountain SPOT, year-to-date The stock moved nearly 1% after Cahall's call.

Persons: Wells, Steven Cahall Organizations: Spotify

☆ Manchester United sack manager Erik ten Hag after dismal start to the season
▼ + stars: | 2024-10-28 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +2 min

Erik ten Hag, Manager of Manchester United, reacts as he looks on during the Premier League match between West Ham United FC and Manchester United FC at London Stadium on October 27, 2024 in London, England. Manchester United sacked Erik ten Hag as the club's first-team manager on Monday following a dismal start to the Premier League season. The move brings an end to months of speculation about Ten Hag's future at Manchester United. Shares of Manchester United, which is listed on the New York Stock Exchange, rose 3% in premarket trading. The Glazer family, which has owned Manchester United since 2005, retain a majority stake under the terms of the deal.

Persons: Erik, Hag, Ruud van Nistelrooy, Jim Ratcliffe, Ratcliffe, Glazer, Alex Ferguson Organizations: Manchester United, Premier League, West Ham United FC, Manchester United FC, London, Manchester, Manchester City, New York Stock Exchange, Ineos, Ratcliffe's Locations: London, England, Dutch, West Ham

☆ Delphi murders: For years, the case went cold. Then a volunteer found a file with an interesting piece of information
▼ + stars: | 2024-10-28 | by ( Zoe Sottile | ) edition.cnn.com time to read: +7 min

Carroll County Sheriff Tony Liggett said despite the tip, Allen “got lost in the cracks,” according to CNN affiliate WLFI. Family members cried and other members of the audience were visibly shaken, according to CNN affiliate WRTV. Libby would have bled to death from her wounds within five to 10 minutes, Kohr testified, according to WRTV. While Abby’s body was discovered fully clothed – in Libby’s clothes – Libby was discovered nude, Kohr testified, according to WRTV. Allen’s defense attorneys filed a new motion on October 23, arguing for their alternate killer theory to be allowed in court, according to CNN affiliate WTHR.

Persons: Richard Allen’s, Kathy Shank, Allen, Shank, Abigail “ Abby ” Williams, Liberty “ Libby, Tony Liggett, Allen “, we’ve, Abby, Roland Kohr, Libby, WLFI, Kohr, – Libby, Abby’s, WRTV, Melissa Oberg, Richard Allen, Michael Conroy, Brian Olehy, Guy ’, Guy, “, ”, Jeremy Chapman, Guy ”, Abby “, WNDU, Sarah Carbaugh, Olehy Organizations: CNN, WLFI, Liberty, WRTV, Former Indiana State Police, WTHR, Courthouse, Police, Allen , Indiana State Police, Authorities, WNDU, Defense, Indiana State Police Locations: Indiana, Delphi , Indiana, Carroll, Allen ,, Odinism

☆ Trump’s social media company has tripled in value in five weeks
▼ + stars: | 2024-10-28 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

New York CNN —Trump Media & Technology Group is losing money, generating very little revenue and its main product Truth Social remains a relatively small player in social media. And yet Wall Street is valuing former President Donald Trump’s social media company at nearly $8 billion, a price tag that has tripled in the span of just five weeks. Since plunging to record lows on September 23, Trump Media’s share price has skyrocketed. Trump Media’s share price saw a sharp decline in July after President Joe Biden ended his reelection bid. “If this were called Joe’s Media Company, we wouldn’t even be talking about it and it wouldn’t have a value anywhere close to this.

Persons: New York CNN —, Donald Trump’s, “ I’ve, ” Gene Munster, Munster, Trump, ” Munster, “, it’s, ” Trump, George Kailas, ” Kailas, Kailas, “ There’s, Joe Biden, Kamala Harris, Harris, ”, Steve Sosnick, Sosnick, ” Sosnick, he’s Organizations: New, New York CNN, New York CNN — Trump Media & Technology Group, Trump, White, Trump Media, Republican, Asset Management, CNN, Democratic, Interactive Brokers, Munster, “, Joe’s Media Company Locations: New York, Munster, Trump’s

☆ Bitcoin briefly tops $70,000 for the first time since June as investors await earnings, Election Day
▼ + stars: | 2024-10-28 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

In regular trading on Monday, crypto exchange platform Coinbase gained 5% and bitcoin proxy MicroStrategy jumped nearly 9%. The price of bitcoin was last higher by about 3% at $69,925.00, according to Coin Metrics. Bitcoin briefly climbed above $70,000 as investors braced themselves for MicroStrategy earnings and counted the days to the U.S. presidential election. The outcome is widely viewed as a key catalyst for the price of bitcoin, but investors have watching and waiting as the election approaches. Last week, bitcoin surged toward $70,000, but it ultimately fell short of the threshold.

Persons: Stocks, MicroStrategy, bitcoin, Bitcoin, Donald Trump, Kamala Harris Organizations: Metrics, U.S, Republican, Democratic

Trump’s Changing Messages on Abortion, in 660 Quotes Donald Trump has softened his rhetoric, contradicted himself and nearly dropped “pro-life” from his vocabulary. Trump’s Statements on Abortion Before and After Dobbs The way Donald Trump has talked about abortion changed after the Dobbs decision. Below, a comparison of the themes Mr. Trump mentioned most in his public statements, based on a Times analysis. Abortion is an important issue Times Trump said abortion is an important issue, by quarterAfter he was elected, Mr. Trump kept many of his promises to the anti-abortion movement. For much of this campaign, Mr. Trump declined to say whether he would veto a federal abortion ban.

Persons: Donald Trump, ”, Donald J, Trump, “ I’m, “, Dobbs, Jackson, Roe, Wade, ” Mr, Karoline Leavitt, Jason Rapert, Rapert, “ It’s, —, they’re, Lake, he’s, doesn’t, MAGA, Times Trump, Kamala Harris, they’ll, Melania Trump, “ We’re, Trump’s, ’, “ We're, Judge Scalia, Justice Scalia, We're, we've, ” Susan B, Anthony, They're, we'll Organizations: New York Times, Mr, Trump, National Association of Christian Lawmakers, Democratic, Republican, ”, Republican Party, Supreme, Times, Life, “, and Drug Administration, Justice Department, Breitbart, Federalist Society, Senate, U.S, ” Christian Broadcasting Network Locations: United States, Florida, Pensacola, Fla, “, Pa, Dubuque , Iowa, Pennsylvania, Michigan, Indiana

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