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☆ The US can 'ill afford' another war now its rivals are teaming up so well, US general says
▼ + stars: | 2024-10-21 | by ( Tom Porter | ) www.businessinsider.com time to read: +6 min

The US can "ill afford" another war if conflict breaks out in East Asia, Gen. Charles Flynn warned. From the Middle East to Russia, authoritarian regimes are challenging US power. AdvertisementThe US Army's outgoing top commander in the Pacific region has warned that the US can "ill afford" another war because its military is vastly overstretched. "There's a limited regional war going on in the Middle East. We can ill afford another limited regional war in Asia.

Persons: Charles Flynn, —, North Korea —, Flynn, Russia's, Kim Jong, Russia's Vladimir Putin, GAVRIIL GRIGOROV, Kathryn Levantovscaia, Stephen Sklenka, haven't, Raphael Cohen Organizations: Service, Defense, —, Washington DC, North, Bloomberg, Observatory, Getty, Forward Defense, Atlantic Council, NATO, Sydney Morning Herald, RAND Corporation, Stockholm International Peace Research Institute Locations: East Asia, East, Russia, — Russia, China, Iran, North Korea, Taiwan, Europe, Asia, Ukraine, Pyongyang, United States, Stockholm

☆ Why abortion access is a personal finance issue, says demographer who studies the effects of unwanted pregnancy
▼ + stars: | 2024-10-21 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

CNBC spoke to Foster about the economics of abortion access and the financial impacts of the end of Roe v. Wade. Diana Greene Foster: One good thing about The Turnaway Study is that our demographics closely resemble national demographics on who gets abortions. [They're also] more likely to have evictions, have a larger amount of debt if they're denied an abortion. The number of public records, such as bankruptcies, evictions and court judgements, significantly increased for those denied abortions, by 81%. So, it isn't the case that everyone who wants an abortion is now carrying a pregnancy to term.

Persons: Gina Ferazzi, Foster, Roe, Wade, Greg Iacurci, Diana Greene Foster, It's, That's, hasn't, couldn't, They're, they're, I'm Organizations: Los Angeles Times, Getty, Pew Research Center, CNBC Locations: Arizona, Phoenix , Arizona, U.S

☆ Robinhood's cofounder has joined the rapidly growing commercial space race, and wants to beam solar power from satellites to earth
▼ + stars: | 2024-10-21 | by ( Polly Thompson | ) www.businessinsider.com time to read: +9 min

Aetherflux aims to launch a constellation of satellites to transmit solar power to Earth using infrared lasers. Bhatt told BI why he's joining the commercial space race and what Robinhood taught him about capitalism. AdvertisementAetherflux aims to create a constellation of satellites in low Earth orbit (LEO) that will collect solar power and beam it down to receptors on Earth using infrared lasers. Caltech's president, Thomas F. Rosenbaum, said the project had shown them that solar power beamed from space "is still a future prospect" but that it "should be an achievable future." The science has already been demonstrated; it's just going to be an engineering and economic feat to prove it can be done from space, Bhatt said.

Persons: Baiju Bhatt, Bhatt, Robinhood, —, Vlad Tenev, Elon, Baiju Bhatt Bhatt, Thomas F, Rosenbaum, it's, he'd, you'll, Spencer Platt, Matthew Weinzierl, Weinzierl, Einstein, Aetherflux Organizations: he's, Service, California Institute of Technology, NASA, Langley Research Center, Stanford, DARPA, Investment, Space Angels, McKinsey, Harvard Business School, SpaceX, Getty, Apex, Forbes Locations: India, Anadolu, Bay

☆ Why I paid $95 to recycle a mattress — and you might, too
▼ + stars: | 2024-10-20 | by ( Greg Iacurci | ) www.cnbc.com time to read: +9 min

The author paid a company, Renewable Recycling, to pick up and recycle his queen-size mattress in New York City. Greg IacurciI paid $95 to recycle a mattress. Why mattress recycling can be expensiveShredded old mattress materials. Guillaume Souvant | Afp | Getty ImagesThe $95 fee I ultimately paid to Renewable Recycling is "pretty standard" among mattress recyclers, Conway said. For example, cotton remnants must be picked off steel mattress springs before it can be shredded or baled for sale to scrap markets, according to the Mattress Recycling Council.

Persons: Greg Iacurci, Alicia Marseille, Robert Brook, —, Meg Romero, Charles, Mark Rightmire, Romero, Peter Conway, Conway, Guillaume Souvant, Charles County, " Romero, Staples, Reid Lifset, Amanda Wall, Wall Organizations: Renewable, U.S, Mattress, Arizona State University, MRC, Salvation Army, Goodwill, Freecycle, Recycling Inc, MediaNews, Orange, Getty, Spring, Afp, Yale School of, Colorado, Environmental Resources, Arizona State University Individuals, International Sleep Products Association Locations: New York City, Brooklyn, Charles County , Maryland, East Rockaway , New York, San Juan Capistrano , California, Spring Back Colorado, Commerce City, Colorado, Oceanside , New York, Charles, California, Mexico, Canada, India, Egypt, Texas, Marseille, — California, Connecticut, Rhode, Oregon, Rhode Island, New York , Massachusetts, Maryland, Virginia

☆ Ex-general Prabowo, once accused of rights abuses, takes up presidency of world’s third-largest democracy
▼ + stars: | 2024-10-20 | by ( ) edition.cnn.com time to read: +5 min

Jakarta Reuters —Indonesia’s Prabowo Subianto on Sunday took over as president of the world’s third-largest democracy, vowing to combat internal issues such as corruption that plague the country and to make it more self-sufficient. “We must always realise that a free nation is where the people are free,” Prabowo said, at times raising his voice. Newly-inaugurated Indonesian President Prabowo Subianto greets supporters after being sworn in as the country's eighth president in Jakarta on Oct. 20, 2024. Flower boards outside the palace either congratulated Prabowo and Gibran or thanked Jokowi for his decade of service. Jokowi supporters are also attending the celebrations to bid farewell to Indonesia’s outgoing leader.

Persons: Prabowo, ” Prabowo, “, ”, Gibran Rakabuming Raka, Joko “, Widodo, Sugiono, Prabowo Subianto, Dita Alangkara, Gibran, Jokowi, Anneta, “ Prabowo, Critics, Han Zheng, Linda Thomas, Joko Widodo, Achmad Ibrahim, Suharto Organizations: Jakarta Reuters —, Sunday, US Locations: Jakarta, Indonesia’s, Indonesian, China, United States, Greenfield, Indonesia's, Indonesia, Gaza, Papua, East Timor

☆ One chip company's newest tactic to attract workers: Help pay off their student loans
▼ + stars: | 2024-10-19 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +8 min

AdvertisementWhen Morgan earned her bachelor's degree in 2018, she graduated with over $20,000 in student loan debt that she hoped to pay off by 2032. Morgan now expects to fully pay off her remaining $16,000 student debt balance by 2028 — four years earlier than planned. Morgan estimates that receiving student debt relief will allow her to pay off her loans four years ahead of schedule. MorganGlobalFoundries is betting that student debt relief will help it attract prospective employees and retain current workers. The company's student debt relief program is just another way it's trying to attract workers.

Persons: Chipmaker GlobalFoundries, —, Morgan, she's, they've, GlobalFoundries, it's, Morgan GlobalFoundries, Joe Biden, Raman, Biden, we've, Stephanie, It's Organizations: Service, Business, Semiconductor Industry Association, Oxford Economics, Nvidia, Bright, GlobalFoundries Locations: York, Malta, New York, Austin

☆ China's high savings rate is untapped potential: Economist
▼ + stars: | 2024-10-18 | 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 EmailChina's high savings rate is untapped potential: EconomistDavid Mann, chief APAC economist at the Mastercard Economics Institute, explains where he thinks China should target policy: from savings and consumption, to the property space.

Persons: David Mann Organizations: Mastercard Economics Institute Locations: China

☆ It’s tough for young Americans to find a job right now. Blame ‘the Great Stay’
▼ + stars: | 2024-10-18 | by ( Bryan Mena | ) edition.cnn.com time to read: +6 min

Staple’s plight highlights the unusually difficult situation of young Americans trying to kick-start their careers, even as the broader US economy remains in good shape. Indeed, the job market overall remains in decent shape. A ‘victim of circumstance’Everyday Americans are always at the mercy of the economy — whether it’s navigating difficulties such as high inflation and a recession, or a red-hot job market that benefits workers. Having a tough time landing that first job, in part because of broader economic forces, can have lasting consequences. “For young workers, their first few years out of school are very formative for their careers.

Persons: Kirsten Staple, ” Staple, That’s, ‘, ”, Julia Pollak, ZipRecruiter’s, “, they’re, Daniel Zhao, Zhao, Millennials, Jonathon Courtney, hasn’t, Courtney, I’ve, ” Courtney, who’ve, there’s, Catherine Dugoni Camille Larsen Catherine Dugoni, “ It’s, ” Dugoni, isn’t Organizations: Washington CNN, University of Texas, Labor Department, CNN, Federal Reserve, Employers, Glassdoor, University of Houston Locations: San Antonio, El Paso , Texas, ‘, Houston, Sacramento , California, San Francisco

☆ China just triggered more stimulus measures, even as it says its economy is showing 'stable growth'
▼ + stars: | 2024-10-18 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

The People's Bank of China triggered two market support programs after China announced economic data. China's economy grew 4.6% in the third quarter of this year, the country's statistics bureau announced as it touted a "stable growth trend." "The property market unsurprisingly remains the biggest drag on China's growth," wrote Song, adding that stabilization in the real estate market remains "elusive." China's economy is being dragged by factors including a property crisis, high youth unemployment, and deflation. He added that he expects Beijing to continue to do more to support growth so the economy can enter 2025 on better footing.

Persons: —, Sheng Laiyun, China's, Lynn Song, Betty Wang, Larry Hu, Rajiv Biswas, who's, Wang Organizations: People's Bank of China, Service, Reuters, Greater China, ING, Oxford Economics, People's Bank of, Macquarie Group Locations: China, Greater, People's Bank of China, Beijing

☆ Battle of the billionaires: Harris deploys Mark Cuban as Elon Musk stumps for Trump
▼ + stars: | 2024-10-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +8 min

The Grinch is the one that's going to be putting these small business out of business." Unlike Musk, who has donated nearly $75 million and counting to Trump-aligned groups, Cuban is not a political donor. Ben Wikler, Wisconsin's Democratic Party Chair, praised Cuban's "talents" and said he has credibility to reach voters on business and economic issues. But I trust her.”None of this, however, is unfamiliar territory for Cuban, who played a similar role in 2016 for Clinton’s ultimately unsuccessful campaign against Trump. Before that campaign, Trump and Cuban had a hot-and-cold relationship.

Persons: Elon Musk, Donald Trump, Kamala Harris, Mark Cuban, Hillary Clinton, Cuban, Harris, Doug Emhoff, Harris —, —, He’s, Kamala, Trump, Zoe Lofgren, Ben Wikler, Cuban's, Wikler, Jim Watson, Musk, ” Cuban, Chuck Todd, “, Elon, ‘ There’s, ”, Theo Von’s, Diddy, knifed Trump, I’d, Von, Clinton’s, Clinton, Stephen Colbert’s, “ Donald, Gennifer, ” Trump, Bill Clinton, — Trump, Mandel Ngan, Jeff Hauser, Lina Khan, Alexandria Ocasio, “ Harris ’ Organizations: Elon, IGN, Cuban, Venture, SpaceX, Trump, Commission, Equis Research, Wisconsin's Democratic Party, Getty, NBC News, NBA, Dallas Mavericks, Democrats, “ Major League Baseball, Security and Exchange Commission, SEC, Fox News, Department of Health, Human Services, Federal Locations: Wisconsin, Phoenix, Michigan, La Crosse , Wisconsin, Pennsylvania, AFP, Cuban, United States, Harris, Alexandria, Cortez

☆ Half of all global food threatened by growing water crisis, report says
▼ + stars: | 2024-10-17 | by ( David Hodari | David Hodari Is A London-Based Editor. | ) www.nbcnews.com time to read: +3 min

“The global water crisis is a tragedy but is also an opportunity to transform the economics of water — and to start by valuing water properly so as to recognize its scarcity,” said Ngozi Okonjo-Iweala, Director General of the World Trade Organization and one of the commission’s co-chairs in a statement. With nearly three billion people already in areas experiencing unstable water trends and several cities sinking due to the loss of below-ground water, densely populated areas such as northwestern India, northeastern China and southern and eastern Europe will bear the brunt of global water mismanagement, the report says. “The global water crisis is a ticking time bomb. Even so, a lack of public funds being devoted to water issues by lawmakers around the world will do little to solve the problem. Governments “can’t even react to the symptoms of the water problem, let alone solve the problems if they’re being fiscally strangled,” said UCL's Mazzucato.

Persons: ”, Ngozi, Mariana Mazzucato, we’ve, Mazzucato, Tim Wainwright, “, they’re, UCL's Mazzucato Organizations: World Trade Organization, University College London Institute for Innovation, Purpose, NBC News, OECD, United Nations Locations: India, China, Europe, Netherlands

☆ Cleveland Browns plan to leave Cleveland stadium for Brook Park dome
▼ + stars: | 2024-10-17 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +3 min

A general view of Huntington Bank Field during an NFL football game between the Cleveland Browns and the New York Giants, Sunday, Sept. 22, 2024, in Cleveland. The Cleveland Browns are leaving the shores of Lake Erie. The Browns plan to leave their current open-air stadium in the city of Cleveland for a yet-to-be-built domed stadium in Brook Park, Ohio, according to a press release from Cleveland Mayor Justin Bibb that was later confirmed by the Browns owners. Brook Park is just over 16 miles from the Browns' current stadium, which was built in 1999. The Cleveland Browns are valued at $6.02 billion, according to CNBC's Official 2024 NFL Team Valuations.

Persons: Cleveland Mayor Justin Bibb, Dee Haslam, Bibb, Taylor, Dee, Jimmy Haslam Organizations: Huntington Bank Field, NFL, Cleveland Browns, New York Giants, The Cleveland Browns, Browns, Cleveland Mayor, CNBC, Haslam Sports Group, Associated Press, Huntington National Bank Locations: Cleveland, Lake Erie, Brook Park , Ohio, Bibb, City, Park

☆ Russia confirms it's going to make it more painful for companies to quit the country
▼ + stars: | 2024-10-17 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Russia has confirmed plans to raise a tax on foreign companies quitting the country. AdvertisementRussia has confirmed it will make it more expensive for foreign companies to quit the country. In March, RBC reported companies leaving Russia had already paid 35.7 billion rubles, or about $387 million, into Russia's budget. The process of leaving Russia is often complex, thorny, and costly. AdvertisementIn March, a Reuters analysis found that foreign companies had incurred costs of more than $107 billion in writedowns and lost revenue.

Persons: —, Anton Siluanov, Siluanov, McDonald's, Alexei Moiseyev, Yuri Nikolaev, Nikolaev, LeaveRussia Organizations: Service, RBC, Partners, Kyiv Institute of Economics Locations: Russia, Ukraine, Russian, writedowns, West

☆ Slovenia is growing faster than the average in the EU, says professor
▼ + stars: | 2024-10-17 | 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 EmailSlovenia is growing faster than the average in the EU, says professorMojmir Mrak, a professor at Ljubljana University's School of Economics and Business, discusses Slovenia's economy in comparison to the rest of Europe.

Persons: Mojmir Mrak Organizations: Slovenia, Ljubljana University's School of Economics, Business Locations: Ljubljana, Europe

☆ America's chipmaking push will continue no matter who gets elected
▼ + stars: | 2024-10-17 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +9 min

US efforts to produce semiconductor chips will continue regardless of who wins the election. AdvertisementNo matter who wins the presidential election this November, President Joe Biden can rest easy knowing one thing: The US's chip manufacturing push isn't going anywhere. The US has seen its share of overall chip production fall from 37% of the world's supply in 1990 to 12%. While many factories remain under construction, the federal funding has already helped boost US chip production. According to a report published last year by the trade and lobbying group Semiconductor Industry Association and Oxford Economics, the US semiconductor industry will face a shortage of 67,000 workers by 2030, including technicians, computer scientists, and engineers.

Persons: Harris, Trump, —, Joe Biden, Biden, Kamala Harris, Donald Trump, Stephen Ezell, Anna Kelly, Kelly, Arizonans, Chris Miller, Mark Muro, Dylan Patel, SemiAnalysis, Ezell, Muro Organizations: Service, Trump, Information Technology, Innovation Foundation, ITIF's Center for Life Sciences, Biden, Republican, Intel, American Enterprise Institute, Brookings Metro, Apple, Nvidia, Democratic, Semiconductor Industry Association, Oxford Economics Locations: Arizona, USA, China, Taiwan

☆ Just ignore the word ‘tariff’ — it’s a tax
▼ + stars: | 2024-10-16 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

Especially when you hear words like “tariffs.”But, given the economy’s central importance in the 2024 race, it’s worth hammering on an Econ 101 fact: Tariffs are a tax on Americans. Very simply: When the US government decides to put a tariff (read: tax) on, say, Chinese goods, the actual money going to the US Treasury comes from the American company doing the importing. “To me, the most beautiful word in the dictionary is tariff,” Trump said at one point. But it’s important to judge Trump’s first-term trade policies and the Biden-Harris approach against context of the unprecedented tariff wave Trump is planning if he gets to Round Two. Bottom line: Tariffs might be a beautiful word to Trump’s ear, but he’s telling a fictional story about what they do in practice.

Persons: CNN Business ’, New York CNN —, Donald Trump, It’s, —, Annette Choi, Katie Lobosco, podcaster Sean Kelly, David Pakman, Kelly, he’s, ” Kelly, Pakman, “, Trump, ” Trump, John Micklethwait, Micklethwait, it’s, Joe Biden, Kamala Harris, Trump’s, Harris, ”, Scott Lincicome, United States —, ” David Kelly, Matt Egan Organizations: CNN Business, New York CNN, CNN, US Treasury, Bloomberg, Economic, of Chicago, Biden, Trump, Republican, Cato Institute, Peterson Institute for International Economics, Federal, Peterson Institute, Asset Management Locations: New York, China, United States, States

☆ Global water cycle off balance for ‘first time in human history’
▼ + stars: | 2024-10-16 | by ( Laura Paddison | ) edition.cnn.com time to read: +5 min

CNN —Humanity has thrown the global water cycle off balance “for the first time in human history,” fueling a growing water disaster that will wreak havoc on economies, food production and lives, according to a landmark new report. The water cycle refers to the complex system by which water moves around the Earth. “For the first time in human history, we are pushing the global water cycle out of balance,” said Johan Rockström, co-chair of the Global Commission on the Economics of Water and a report author. “Precipitation, the source of all freshwater, can no longer be relied upon.”Graphic showing the movement of "green water" and "blue water" in the global water cycle. The report’s authors say world governments must recognize the water cycle as a “common good” and address it collectively.

Persons: ”, Johan Rockström, Bruno Kelly, Richard Allan, Allan, Robyn Beck, Ngozi Organizations: CNN, Global Commission, Water, Nations, Rio, Reading University ,, Getty, World Trade Organization Locations: Manaus, Brazil, Reading University , England, kilter, Huron , California, AFP

☆ Billionaire Tom Gores to buy 27% of the LA Chargers for $750 million
▼ + stars: | 2024-10-16 | by ( Michael Ozanian | ) www.cnbc.com time to read: +3 min

Detroit Pistons team owner Tom Gores claps during the press conference on July 30, 2021 at the Pistons Performance Center in Detroit, Michigan. Gores also owns the the National Basketball Association's Detroit Pistons. The private equity founder along with this firm, Platinum Equity, bought the team for $325 million in 2011. The purchase of the Chargers stake is solely by Gores and not affiliated with Platinum Equity. Likewise, the Chargers play in SoFi Stadium, which is also the home of the Los Angeles Rams.

Persons: Tom Gores claps, Tom Gores, Gores, Dea Spanos Berberian, Dean, Alexis, Michael Spanos, Holly, Dean Spanos, Alex G, Berberian, Stan Kroenke Organizations: Detroit Pistons, Pistons, National Football, Los Angeles Chargers, Chargers, Las Vegas Raiders, NFL, National Basketball Association's Detroit Pistons, Platinum Equity, Little Caesars Arena, National Hockey, Detroit Red Wings, Red Wings, NHL, Los Angeles Rams, Rams Locations: Detroit , Michigan, Los Angeles, Oakland , California, SoFi

☆ UK's ultra-rich non-doms urge Italian-style tax regime to prevent wealth exodus
▼ + stars: | 2024-10-16 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +6 min

Mike Kemp | In Pictures | Getty ImagesLONDON — Britain's ultra-rich non-doms are urging the government to introduce an Italian-style flat-tax regime to prevent a wealth exodus, as their preferential status comes under threat in the upcoming budget. That differs from Italy's regime, which charges a recently doubled rate of 200,000 euros per year regardless of wealth bracket. Non-doms move their moneyReeves had previously said that scrapping the program could generate £2.6 billion ($3.38 billion) for the Treasury over the course of the next government. We need to understand that we need people to be investing here, to create the jobs, wealth, prosperity that we want. Labour courts wealth creatorsThe Labour government has said it is determined to address unfairness in the tax system, pledging in its election manifesto to close non-dom tax loopholes.

Persons: Mike Kemp, Leslie MacLeod Miller, Rachel Reeves, Reeves, Alex Stewart, doms, Sadiq Khan, MacLeod Miller, Dominic Lawrance, Charles Russell Speechlys, Keir Starmer Organizations: Porsche, GTS, Chanel, Bond, Investors, Britain, Oxford Economics, Foreign Investors, CNBC, Labour Party, Treasury, FIFB, Oxford, Labour, Labour's, Investment Locations: London, United Kingdom, IHT, Italy, Switzerland, Dubai, Westbourne, Bayswater, Royal Oak

☆ Many of the small business owners Harris is targeting say they've never heard of a key economic proposal
▼ + stars: | 2024-10-16 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +6 min

Harris has proposed expanding the small business tax deduction ten-fold, from $5,000 to $50,000. Five female entrepreneurs told BI that many small business owners aren't aware of the plan. Only one of them, she said, reached out to inform her about Vice President Kamala Harris' proposal to increase the small business tax deduction tenfold. Oswald thinks that small business advocacy organizations and financial institutions that provide loans should send the word out about candidates' proposals. Related storiesAnne Zimmerman, 71, co-founded one such organization, Small Business for America's Future, in addition to her Ohio-based accounting firm for small businesses.

Persons: Harris, —, Ashley Storck, Kamala Harris, Storck, — she's, Joe Biden, Rhett Buttle, Biden, Hama Hinnawi, Patricia Oswald, Hinnawi, Oswald, Anne Zimmerman, there's, You've, Zimmerman, Taylor McCleneghan, Mary Hansen Organizations: Service, White, Small Business, Business Development Center, Small, America's, Trump, Republican, American University Locations: Madison , Wisconsin, Ohio, Wisconsin, Michigan, Pennsylvania, Chicago

☆ The Trump trade is back on as betting markets swing in favor of a win for the former president
▼ + stars: | 2024-10-16 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

Betting odds favor Trump winning the November election, with Polymarket odds at 59.5%. The Trump trade is back on, with Trump Media stock, bitcoin, and bank stocks rising. AdvertisementThe Trump trade has been regaining momentum as betting odds rise in favor of the former President winning the election in November. The Trump trade in markets weakened after the mid-September debate between Kamala Harris and Trump, as Harris was largely viewed as the winner of their one-and-only meeting. Here's what's moving in markets that suggest the Trump trade is back on as investors bet on a victory for the former president.

Persons: Trump, —, Harris, Kamala Harris, Donald Trump's, Bernstein, Gautam Chhugani, Chhugani Organizations: Trump, Trump Media, Service, House, Bank, Washington DC, Biden White, P Bank ETF, Regional Banking Locations: Polymarket, Trump, United States

☆ Harris is working hard to court small business owners as some have never heard of a key proposal
▼ + stars: | 2024-10-16 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +6 min

☆ Once derided by Trump as a ‘mouthpiece’ for the left, a changed Univision softens its tone
▼ + stars: | 2024-10-16 | by ( Hadas Gold | ) edition.cnn.com time to read: +11 min

Trump ejected Ramos from a press conference after the journalist confronted him over his immigration policy. In 2020, the Trump campaign derided Univision as “a mouthpiece” for the Democratic Party. A group of influential Latino organizations penned an open letter expressing “deep concern” over the Trump interview. Acevedo’s interview with Trump was the first time in 22 years a current or former Republican president sat with the network for an interview. Wade Davis, Univision’s CEO until last month, defended Univision’s approach in a memo shortly after the Trump interview last year.

Persons: Donald Trump, Kamala Harris, Trump, ”, Jorge Ramos, Ramos, “, Harris, Enrique Acevedo, ” Ramos, ” Acevedo, Acevedo, Joe Biden, Jill Biden, Antony Blinken, “ Jorge, hasn’t, Alfonso de Angoitia Noriega, Bernardo Gomez Martinez, it’s, Joaquin Blaya, ” Daniel Coronell, Mike Madrid, Madrid, Wade Davis Organizations: New, New York CNN, Univision, Republican, CNN, Trump, Miss, Democratic Party, behemoth Televisa, Washington Post, “, Televisa, CBS News, Mar, New York Times, GOP, Grassroots Lab, Fox News, FOX, ”, Fox Deportes Locations: New York, Miami, Spanish, Mexican, Mexico, Washington, Lago, United States, ” Madrid, Madrid

☆ North Korea is blowing stuff up and making threats, but it's unlikely to go further
▼ + stars: | 2024-10-15 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +4 min

North Korea destroyed parts of roads and rail lines connecting it with South Korea. It comes after North Korea last week accused South Korea of flying drones over its capital. In response, South Korea fired warning shots within its own border, according to South Korea's Joint Chiefs of Staff. The detonations come after North Korea last week accused South Korea of flying drones over its capital Pyongyang. Howell added that historically, North Korea has stepped up provocations during US election years.

Persons: —, Jim Hoare, Kim Jong, Kim Yo Jong, Edward Howell, Howell, ", Hoare, Peter Ward Organizations: North, Service, South Korea's, Chiefs, Staff, Inter, Korean, Office, Bloomberg, Korea, Chatham House, Bloomberg Economics, Sejong Institute, Financial Times Locations: Korea, South Korea, North Korea, South, British, Kaesong, Korean, Pyongyang, North, Seoul

Black men have historically voted overwhelmingly for Democratic candidates, with turnout typically lagging that of Black women but consistent nonetheless. Even a relatively small drop in support from Black men for Harris could be significant given the razor-thin margins in battleground states. “Black men prioritize being the primary breadwinners of the household and care about real wages and permanent jobs. The Harris campaign also plans to ramp up its programming specifically designed to engage Black men. This week, it is set to partner with Black male celebrities, influencers and activists to hold “Black Men Huddle Up” events in battleground states, NFL and NCAA watch parties that will double as an avenue for Black men to discuss the stakes of the election.

Persons: Kamala Harris ’, ”, Michael Tyler, Harris, Walz, ” Harris, Cedric Richmond, Joe Biden, Donald Trump, Barack Obama, “, ” Obama, “ I’ve, Black Republicans pounced, chastising, ” Sen, Tim Scott, Obama, They’ve, Obama’s, ” “, ’, Trump, “ Obama, Kamala, Black, Lil Wayne, ” Janiyah Thomas, Byron Donalds of, Wesley Hunt, Scott, That’s, Leo Smith, She’s, ” Smith, Harris ’, Brian Kemp, Stacey Abrams, Omar Ali, surrogates, Dilawar Syed, ” Ali, Ali, Roland Martin, Justin Carter, Stephen Jackson, Matt Barnes, Jermaine Dupri, John Legend, Magic Johnson, we’ve, ” Johnson Organizations: Republicans, Democratic, Black, Trump, New York Times, Siena, Howard University, Black Republicans, Democratic Party, Democrat Party, NBC News, Biden, and, Georgia Republican Gov, Small Business Administration, NBA, “, NFL, NCAA Locations: Pittsburgh, Atlanta, Byron Donalds of Florida, Wesley Hunt of Texas, Cognac, Charlotte , North Carolina, Georgia, campaign’s Georgia, Greenville , North Carolina, Milwaukee, Flint , Michigan

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