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☆ Trump may face bond vigilantes amid concerns over inflation and the deficit
▼ + stars: | 2024-11-20 | by ( Laila Maidan | ) www.businessinsider.com time to read: +4 min

Bond vigilantes may pressure Washington to address deficits, affecting fiscal policy decisions. Wall Street doesn't constantly look to Washington for investment advice or direction, but the bond market is one place where they definitely intercept. The tipping point would create headwinds for the bond market as bond prices drop. The deficit is another sore spot, as promised tax cuts could further shrink government revenue. And this must be done by showing how they will offset tax cuts and remain fiscally responsible.

Persons: Jimmy Chang, Chang, they're Organizations: Trump, Republican, Rockefeller, Family Office Locations: Washington

☆ The hidden risk factor investors may be missing in stocks, bonds, and options
▼ + stars: | 2024-11-19 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

Investors may soon be forced to take on more risk and rethink their diversification strategies due to macroeconomic uncertainties. And that presents challenges for those who follow the traditional balance of 60% stocks to 40% bonds as a diversifier, he added. "Momentum has really been driving equities higher across the board, especially with respect to large-cap growth names," Adams said. The study found that stocks, bonds, and options strategies could have more correlated risk than is evident on the surface. "So value stocks are about the here-and-now, growth stocks are about the hereafter."

Persons: Goldman Sachs, Jon Adams, Adams, Jimmy Chang, Donald Trump, Chang, Nikolai Roussanov, David Kelly, you've, Kelly Organizations: Calamos Wealth, Treasury, Rockefeller, Family, Wharton School, Morgan Asset Management

☆ What is impoundment? How Trump thinks he can control spending without Congress
▼ + stars: | 2024-11-18 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +6 min

CNN —“Impoundment” is another word that Americans may need to learn in the vernacular of President-elect Donald Trump’s second term. Trump took the time to record a video about impoundment during the Republican primary season, and he promised seizing control over spending from Congress would be a top priority if he was elected. Impoundment occurs when Congress appropriates money that the president then declines to spend. As a result of these standoffs, Congress passed a law to curtail a president’s use of impoundment, particularly for policy reasons. The Impoundment Control Act of 1974 did a lot more than that, however.

Persons: Donald Trump’s, ”, Trump, Thomas Jefferson, Richard Nixon, Nixon, Volodymyr Zelensky, Joe Biden, Trump’s, “, Vivek Ramaswamy, Elon Musk, DOGE –, Ramaswamy, ” Ramaswamy, Matt Gaetz, Jimmy Carter, It’s Organizations: CNN, Senate, Republican, Congress, Congressional Research Service, Office, Capitol, Supreme, overreach, Elon, “ Department, Government, Alcohol, Tobacco, Firearms, Explosives, Ramaswamy, Department of Education, Nuclear Regulatory, Trump, FBI Locations: Mississippi, Louisiana, France, Ukraine, Trump’s, Ohio, Washington

☆ Wall Street looks for Nvidia to take the baton from election trades to keep rally alive in the week ahead
▼ + stars: | 2024-11-15 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

What exactly President-elect Donald Trump's second term means for the stock market will be the question investors continue to grapple with in the week ahead. Nvidia earnings results will also be on deck as investors deal with stubbornly high interest rates as well. The Dow Jones Industrial Average surged past 44,000 for the first time ever, and the S & P 500 and the Nasdaq Composite similarly posted new records. Sales of Blackwell and Grace Blackwell are expected to start to show up in results next year. The SPDR S & P Regional Banking ETF has surged 11% this month.

Persons: Donald Trump's, Jimmy Chang, Jensen Huang, CNBC's, Blackwell, Grace Blackwell, Harsh Kumar, Piper Sandler, Kumar, Jensen, Donald Trump, Robert F, Kennedy Jr, Novavax, Ken Mahoney, Trump, There's, Mahoney, Rockefeller's Chang, Chris Rupkey, Jerome Powell Organizations: Dow Jones, Nasdaq, Rockefeller Global Family, Treasury, Nvidia, Blackwell, Health, Human Services Department, Moderna, Asset Management, Regional Banking ETF, Federal, White, FWDBONDS, Housing, Walmart, Lowe's, Palo Alto Networks, Philadelphia Fed, . Kansas City Fed Manufacturing, Ross Stores, Intuit, Deere, PMI, PMI Manufacturing, PMI Services Locations: China, U.S, NAHB, . Kansas, Michigan

☆ Capri and Tapestry abandon plans to merge, citing regulatory hurdles
▼ + stars: | 2024-11-14 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +2 min

Capri and Tapestry called off their merger on Thursday after the Federal Trade Commission successfully sued to block the megadeal. "With the termination of the merger agreement, we are now focusing on the future of Capri and our three iconic luxury houses," Capri CEO John Idol said in a statement. In April, the FTC sued to block the deal, saying the tie-up would disadvantage consumers and reduce benefits for the companies' employees. Tapestry plans to fund the stock repurchase through a combination of cash on hand and debt. Tapestry said it will reimburse Capri around $45 million.

Persons: John Idol, Kate Spade, Stuart Weitzman, Capri's Versace, Jimmy Choo, Michael Kors, Tapestry, Joanne Crevoiserat Organizations: Federal Trade Commission, FTC, Capri Locations: U.S

They’ve pressed forward even though a majority of Americans still see the Capitol rioters as responsible for an attack against democracy, according to the most recent polling. The most pressing concerns are for convicted rioters required to report to prison before Trump’s inauguration in January, and for rioters with sentencing hearings coming up, according to a source familiar with the discussions. “They’re thrilled with the election, but there’s a lot of uncertainty from their perspective,” the source told CNN. For convicted rioters already serving prison sentences, there’s even less hope to get them out based on Trump’s campaign rhetoric, the source said. She later told CNN that her strategy guide has already been sent to Trump and the Republican National Committee.

Persons: Trump, Micki Witthoeft, Ashli Babbitt, Donald Trump, They’ve, MAGA, “ We’re, hasn’t, ”, John Pierce, “, “ He’s, Jeffrey Crouch, insurrectionists, ‘, ” Zachary Alam, Joseph McBride, ” McBride, Savannah Huntington, Rachel Powell, Powell, she’s, “ They’re, they’re, Suzzanne Monk, Monk, ” Monk, Charlie Kirk, Glenn Beck, Kirk, It’s, can’t, Crouch, Jimmy Carter, Joe Biden, ” Crouch, Trump’s, Clinton, Bush, Tom Cotton, Markwayne Mullin, ” Marcus Childress, don’t, it’s, Aquilino Gonell, Biden, Kamala Harris, Harry Dunn, Sean R, Clark, Emily R, Condon Organizations: Washington CNN, Air Force, Capitol, GOP, “, Trump, American University, CNN, Trump –, DC, Defense, Justice Department, American Patriot Relief, American, J6, Republican National Committee, Glenn Beck Program, FBI, Trump Republicans, Former US Capitol Police, US Capitol Police Locations: Savannah, West Virginia, DC, pardoning, Vietnam

☆ I've spent a day eating like every living US president. The best diets have surprised me.
▼ + stars: | 2024-11-12 | by ( Bennett Rea | ) www.businessinsider.com time to read: +2 min

I recreated over 150 recipes from politicians before I started spending a day eating just like them. George W. Bush had my favorite daily eating habits, while Donald Trump had my least favorite. Go to newsletter preferences Thanks for signing up! Eventually, I discovered the daily diets of every living president: Joe Biden, Donald Trump, Barack Obama, George W. Bush, Bill Clinton, and Jimmy Carter. Here's my highly subjective ranking of the daily eating habits of our living US presidents, from worst to best.

Persons: George W, Bush, Donald Trump, —, Mitch McConnell's flavorless Hoppin, John, Mark Warner's, Joe Biden, Barack Obama, Bill Clinton, Jimmy Carter, Trump, Biden Organizations: Service, Congress Locations: America

Now, Jannik Sinner and Carlos Alcaraz are fast becoming household names and the next generation-defining rivalry. However, Sinner and Alcaraz – ranked No. Due to their rapid success, it is easy to forget that Sinner is only 23 and Alcaraz just 21. Sinner hits a shot in the semifinals of the US Open, a tournament he went on to win. Time will tell if Sinner can put that ice-cold instinct to good use at the ATP Finals and win the tournament for the first time.

Persons: Ivan Lendl, John McEnroe, Jimmy Connors, Andre Agassi, Pete Sampras dueled, Roger Federer, Rafael Nadal, Novak Djokovic, Carlos Alcaraz, Federer, Alcaraz –, Roland Garros, Alcaraz, Italy –, Nadal, ” Alcaraz, ”, Andy, Murray, Sinner, Frey, JC Ferrero, Juan Carlos Ferrero, “, ‘ Oh, he’s, Sean M, it’s, Angela Weiss, Manchester City’s Erling Haaland, Kylian, Alex de Minaur, Taylor Fritz, Casper Ruud, Andrey Rublev Organizations: CNN, tennis, Australian, Wimbledon, ATP, CNN Sport, ATP Tour, JC, JC Ferrero Challenger, Getty, AC Milan, Manchester Locations: Turin, Italy, Flushing Meadows, China, Beijing, Shanghai, Real Madrid

☆ Still-stunned Democrats begin to squint toward their future
▼ + stars: | 2024-11-10 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +14 min

CNN —Pick one word to describe Republicans and Donald Trump, the focus group moderator asked, and one word to describe Democrats and Kamala Harris. “Donald Trump is a uniquely more popular figure, but what is it about him that makes him that way? Former President Donald Trump gestures during a campaign rally in Waco, Texas, on March 25, 2023. But what Democrats face is much deeper than the usual finger-pointing by a losing campaign or speculation about the next set of presidential primary candidates. It goes beyond easy comments about talking more to the working class when Democrats lost ground among nearly every demographic in the presidential race.

Persons: Donald Trump, Kamala Harris, “, ”, hadn’t, Harris, Joe Biden, she’d “, what’s, Hillary Clinton, JB Pritzker, “ Donald Trump, Barack Obama, Obama, Leah Millis, Vermont Sen, Bernie Sanders, David Plouffe, Biden, Jen O’Malley Dillon, Stephanie Cutter, ’ ”, Pat Ryan, Marie Gluesenkamp Perez, Republican she’d, “ It’s, ” Gluesenkamp Perez, ” Harris, Hannah McKay, weren’t, Joe Rogan, Rogan, Trump, Sanders, – Pritzker, Tim Walz, Gavin Newsom, Hakeem Jeffries, Angie Craig, we’ve, Craig, She’s, ’ ” Craig, Gluesenkamp Perez, Joe Morelle, Josh Shapiro’s, Chris Deluzio, Democratic Sen, Bob Casey, ” Deluzio, David Goldman, Bill Clinton, Jimmy Carter, hasn’t, George W, Bush’s, Levi Strauss, Daniel Lurie, London Breed, Harris ’, Oprah Winfrey, Ryan Organizations: CNN, Trump, Democratic, Gov, Biden, Lone Star, Electoral, Reuters, New York Democrat, Republican, Howard University, Tuesday, Trumpism, California Gov, Minnesota, Twin, Democrats, New York Rep, Pennsylvania Gov, Pennsylvania, London, Democratic Party Locations: Pennsylvania, Illinois, Michigan, Lone Star State, Washington, ”, Texas, Waco , Texas, Vermont, Hudson Valley, “, Wilmington , Delaware, America, Minnesota, Twin Cities, Pittsburgh, Dearborn , Michigan, Grant Park, New York

☆ Trump could pick government’s top ethics official – after key ally blocked Biden’s choice
▼ + stars: | 2024-11-08 | by ( Fredreka Schouten | ) edition.cnn.com time to read: +3 min

CNN —President-elect Donald Trump could be in a position to select the government’s top ethics czar when he assumes office in January – after a key ally in the Senate blocked President Joe Biden’s pick to head the Office of Government Ethics. The federal agency is charged with monitoring compliance with ethics laws that are aimed at preventing corruption. Walter Shaub, the OGE director when Trump first took office in 2017, clashed repeatedly with the then-president at the start of Trump’s first term. Among other things, he openly criticized Trump for not relinquishing ownership of his real estate and licensing empire. The previous OGE director, Trump appointee Emory Rounds, left the position in July 2023.

Persons: Donald Trump, Joe Biden’s, Republican Sen, Mike Lee of, David Huitema, Biden, Lee, Harris, ” Huitema, Lisa Gilbert, ”, ” Gilbert, Virginia Canter, Trump, Walter Shaub, Shaub, Jimmy Carter, George W, Bush, Emory Rounds, Shelley Finlayson Organizations: CNN, Republican, Biden, State Department, Public Citizen, Democratic, Truth, Trump, Trump Organization Locations: Mike Lee of Utah, Washington

☆ Stocks making the biggest moves after hours: Airbnb, Pinterest, Expedia, Rivian and more
▼ + stars: | 2024-11-07 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +4 min

Rivian posted an adjusted loss of 99 cents per share on $874 million in revenue. Analysts polled by LSEG had forecast a loss of 92 cents per share on revenue of $990 million. On the other hand, Block's adjusted earnings of 88 cents per share beat analysts' estimates by one cent. DraftKings said its fourth-quarter adjusted earnings before interest, taxes, depreciation and amortization will range between $240 million and $280 million. Expedia's adjusted earnings for the third quarter came in at $6.13 per share, beating analysts' call for $6.04 a share, per LSEG.

Persons: Rivian, LSEG, Airbnb, Akamai, FactSet, DraftKings, Sweetgreen, Toast, Julie Whalen, Jimmy Choo, Michael Kors, Versace, —, Darla Mercado, Lisa Kailai Han, Alex Harring Organizations: StreetAccount, Revenue, Arista Networks, Capri Holdings, Capri Locations: LSEG

Former President Donald Trump has won the critical swing state of Michigan, NBC News projects, netting the Republican 15 Electoral College votes over Vice President Kamala Harris. Michigan has been one of the nation’s most hotly contested battlegrounds since it helped Trump pull off a surprise victory in 2016. No Democrat has won the White House without Michigan since Jimmy Carter in 1976. Hillary Clinton in 2016 became the first Democratic presidential nominee to lose Michigan in decades, when Trump edged her out by just 10,704 votes. Trump’s victory this year will likely ensure that the state remains a key battleground going forward.

Persons: Donald Trump, Kamala Harris, Trump, Harris, Jimmy Carter, Jill Stein, Cornel West, Hillary Clinton, Biden Organizations: NBC News, Electoral, White House, Democrat, NBC, Democratic Party, Biden, Democratic, Michigan, Trump Locations: Michigan, Kamala Harris . Michigan, Upper Midwest, Detroit, Gaza, Lebanon, Muslim, Israel, Democratic, Midwest

And Trump won over 12% of them, a 5-point increase from 2020, including a 12-point increase among Black men. No Democratic nominee has won North Carolina since Barack Obama in 2008. Before Obama came along, the last Democrat to capture North Carolina was Jimmy Carter in 1976. Follow 2024 election live updatesTrump’s victory in North Carolina underscores the resilience of his MAGA political movement. A couple of unexpected developments threw the outcome in North Carolina into doubt.

Persons: Donald Trump, Kamala Harris, Joe Biden, Harris, Trump, Barack Obama, Obama, Mitt Romney, Jimmy Carter, MAGA, Harris ’, Hillary Clinton, Hurricane Helene, Biden, Roy Cooper, Mark Robinson, Robinson, “ Martin Luther King, Josh Stein Organizations: North, NBC News, NBC, Democratic, North Carolina, GOP, CNN, Republican Locations: North Carolina, Washington, Pennsylvania, Michigan, Wisconsin, Hurricane, Asheville

☆ What top financial advisors are telling investors about the market impact of the U.S. presidential election
▼ + stars: | 2024-11-05 | by ( Lorie Konish | ) www.cnbc.com time to read: +3 min

Early in-person voting for the 2024 US presidential election began in Virginia, South Dakota and Minnesota. - | Afp | Getty ImagesMany investors worry their investments may be affected by the outcome of the U.S. presidential election. Forward four-year returns were positive for Democrats in 11 out of 12 terms, compared to Republicans who had positive returns in nine out of 12. watch nowHowever, the presidential contest could usher in short-term volatility, particularly if a winner is not declared right away. Yet even with deregulation, record production and higher oil prices, the energy sector was down 8.4% during Trump's presidential term, according to Adam's research.

Persons: Mark Motley, Jimmy Carter, George W . Bush, Motley, Joseph Veranth, Veranth, Larry Adam, Raymond James . Long, Adam, Donald Trump Organizations: Bozeman Government, Afp, Getty, U.S, Morningstar, Democrats, Foster & Motley, Dana Investment, CNBC, — Locations: Arlington , Virginia, Virginia , South Dakota, Minnesota, Cincinnati, Waukesha , Wisconsin, U.S

☆ Why Trump should be worried about what the stock market is saying
▼ + stars: | 2024-11-05 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

That’s why Trump, who closely follows the stock market and obsessed over it as president, should be nervous about the recent trend on Wall Street. If the market goes down, the incumbent party gets replaced,” Stovall told CNN in a phone interview Monday. Market indicator was right in 2016 and 2020Vice President Kamala Harris should feel relieved the market has seen solid gains. In 2016, the S&P 500 dipped 2.2% in the lead-up to Trump’s matchup with the Democratic nominee, Hillary Clinton. Yet there’s another market indicator that offers a reason for hope for the Harris camp.

Persons: Donald Trump’s, CFRA Research’s Sam Stovall, Trump, ” Stovall, ”, Stovall, Fannie Mae, Freddie Mac, Barack Obama, Kamala Harris, Dwight Eisenhower, Adlai Stevenson, Hillary Clinton, Clinton, Obama, Joe Biden, Hubert Humphrey, Richard Nixon, Harris, Humphrey, Jimmy Carter, Carter, “, Doug Ramsey, Dow, We’re, ” Ramsey Organizations: New, New York CNN, White, “, CNN, Lehman Brothers, AIG, Trump, Democratic, State, Democratic Party, Investment, Federal, Dow Jones Locations: New York, Chicago, Vietnam, Iran, Monday’s

☆ What local reporters around the country are hearing from voters in the run-up to Election Day
▼ + stars: | 2024-11-05 | by ( Brian Stelter | ) edition.cnn.com time to read: +7 min

Those relationships may prove especially valuable in the coming days as the 2024 election comes to a close. In swing states like North Carolina and Michigan, local journalists have doubled as campaign experts, covering presidential candidate rallies and interviewing voters by the dozen. CNN asked seven swing state editors and reporters about what they’ve been experiencing in the run-up to Election Day. In Georgia, the Atlanta Journal-Constitution has invested heavily in statewide polling and stationed reporters across the city and state. “Months of reporting and listening have told us this: Georgia voters are largely dissatisfied with our country’s direction,” editor-in-chief Leroy Chapman Jr. said.

Persons: they’ve, Nicole Avery Nichols, ”, Joe Biden, Donald Trump, Kamala Harris, Rana Cash, Harris, “, Obama, –, Jimmy Carter, Trump, Cash, David McCumber, Leroy Chapman Jr, Jessica Hill, we’ve, ” Hill, there’s, Mark Treinen, Treinen, “ I’ve, I’ve, “ I’m, ” Treinen, ” Nichols, Jim Malewitz, Malewitz, Jay Rosen, Chapman Jr, MAGA Organizations: New, New York CNN, CNN, Detroit Free Press, Democratic, Charlotte Observer, Republicans, Arizona Daily Star, Atlanta Journal, ”, Las Vegas, The Capital Times, Wisconsin Watch, New York University Locations: New York, North Carolina, Michigan, Tucson , Arizona, Georgia, ” In Nevada, ” In Wisconsin, Madison, Wisconsin

☆ Nancy Snow vanished after the election in November 1980. 44 years later, she’s still missing.
▼ + stars: | 2024-11-03 | by ( Veronica Fulton | ) www.nbcnews.com time to read: +21 min

THE SNOW SHOWAt 44 years old, Nancy Snow was a force to be reckoned with. And she loved us so much,” Justine Snow told Dateline. Nancy Snow made the most of her time there. Nancy Snow Justine Snow“We can place her at BWI airport,” David Cordle, retired chief investigator for the Anne Arundel County State Attorney’s Office, told Dateline. “Nancy Snow was one of the ones that I had ended up with.”Cordle worked on Nancy’s case for decades.

Persons: ”, William Noel, Snow, ” Corporal Noel, “, it’s, Nancy Snow, “ Nancy, ” Cpl, Noel, she’s, ” Nancy Snow, Stacy, Justine, Kimberly Justine Snow, Justine Snow, Kimberly, ” Justine, Nancy, Nancy Snow Justine Snow Nancy, Clint Eastwood’s, ’ ” Justine, Justine Snow “, Gene McNary’s, Thomas Eagleton, Ronald Reagan, Jimmy Carter, McNary, Eagleton, Nancy Snow Justine Snow, ” David Cordle, ” Cordle, Cordle, “ Nancy Snow, Louis, ‘, Corporal Noel, she’d, St . Louis, ‘ I’m, hadn’t, She’s, NANCY SNOW, Nancy Snow Justine Snow Justine, J, Jay, “ We’ve, David Cordle, doesn’t, “ I’ve, Nancy Justine Snow, Jane Doe, Jane, Jane Doe’s, nothing’s, Cpl, ” Nancy Snow Justine Snow Organizations: City of, City of Annapolis Police Department, New York Times, Army, Volkswagen, California Bay Area, Republican National Committee, RNC, U.S . Senate, Anne, Attorney’s Office, Annapolis police, Annapolis Police Department, St, Baltimore, ” Authorities, VW, Nancy Locations: City of Annapolis, Europe, Germany, Greece, Spain, Portugal, Italy, France, U.S, California, Maryland, KMST, East Coast, Annapolis, St, Louis , Missouri, “, Baltimore, East Coast from Missouri, BWI, Anne Arundel County, St ., Connecticut, ”, Nancy’s, Caribbean, Florida — Fort Lauderdale, Bahamas, Georgia , Connecticut, CODIS

☆ Bill Clinton has hopes and fears on what comes after 2024 – for the country, the party and himself
▼ + stars: | 2024-11-03 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +19 min

Clinton speaks at a campaign rally in Durham, North Carolina, on October 17, 2024. His wife was the one whose loss put Trump in the White House, in a way that burns him still. Then again, Clinton said, he was “gobsmacked” that companies that said they’d pay to help with the transition never did. Clinton speaks during morning service at a church in Albany, Georgia, on October 13, 2024. Tim Walz appears with Clinton at the campaign rally in Durham, North Carolina, on October 17, 2024.

Persons: Bill Clinton, Kamala Harris, Joe Biden, Clinton, Harris, he’d, Donald Trump, John Deere, Biden, – Clinton, ” Clinton, Steve Helber, he’s, Trump, Tim Walz, JD Vance, Barack Obama – Clinton, “, Dwight Eisenhower, Eisenhower, ‘, Walz, Obama, CNN Clinton, megadonors, Norman Rockwell, Chokwe Pitchford, Clinton’s, Julia Beverly, –, America hadn’t, hadn’t, ”, “ We’re, he’s heartened, Logan Cyrus, you’re, “ It’s, George W, Bush, I’ve, nativism, Colin Allred, Republican Sen, Ted Cruz, ” Bush, Allred, ” Clnton, Ehud Barak, Yasser Arafat, Camp, Ralph Alswang, couldn’t, Yasser Arafat didn’t, audibly, I’m, isn’t, it’ll, Long, He’s, Jimmy Carter, it’s Harris, ’ ”, Hillary, We’re, you’ve, ’ Organizations: West Coast CNN, Democratic, Republican, CNN, America, Trump, Clinton . Technology, World Trade Organization, Getty, Trade, Republicans, Democrat, Senate, White House, Israeli, Camp David, Minnesota Gov, Convention Locations: Michigan, Arkansas, Europe, America, Durham , North Carolina, Muskegon Heights , Michigan, tailspins, South Haven , Michigan, Berrien County, Benton Harbor, Arizona, Georgia, Missouri, Kentucky, Louisiana, Virginia, China, Fort Valley , Georgia, Mexico, Albany , Georgia, AFP, Texas, Cruz, Maryland, Chicago, Battle Creek

☆ With ‘Endurance,’ an Oscar-winning duo meet their toughest subject to date
▼ + stars: | 2024-11-01 | by ( Tom Page | ) edition.cnn.com time to read: +10 min

CNN —Jimmy Chin has done many memorable things in his time, but the adventure athlete and Oscar-winning filmmaker is still more used to documenting big stories than becoming the story itself. (credit: Jimmy Chin) Jimmy Chin/National Geographic/PA Media“It was like finding a needle in a thousand haystacks,” Chin added. They, along with Natalie Hewit, directed “Endurance,” a thrilling retelling of the discovery of the lost ship Endurance. CNN: Why do you think Shackleton remains such an enduring figure of fascination and inspiration? Chin: I think there’s some consensus that this is one of the greatest stories of survival ever told.

Persons: Jimmy Chin, “, Elizabeth Chai Vasarhelyi, Chin, George Mallory, Andrew “ Sandy ” Irvine, Edmund Hillary, Tenzing Norgay, –, ‘ A.C, ’ ”, ” Chin, Vasarhelyi, Natalie Hewit, Ernest Shackleton, Frank Hurley, Shackleton, it’s, that’s, Hurley, they’ve, we’ve, Jimmy –, they’re, Jimmy, Doug, Kris Tompkins, Alex Honnold, I’ve, Alex, He’s Organizations: CNN, British, Endurance, British Film Institute, Geographic, Disney Locations: Mallory’s, Irvine, Everest, Weddell, Lansing, Dominican Republic, Shackleton, Chile, Patagonia

☆ American Battleground: Cat people are still haunting Trump’s campaign
▼ + stars: | 2024-10-31 | by ( Tom Foreman | ) edition.cnn.com time to read: +21 min

“Kamalaaaaaaaa!”Oprah Winfrey is belting it out in her sweet home of Chicago, welcoming the joyous, raucous, unmerciful dismantling of former President Donald Trump that is defining this Democratic National Convention. A second, very different presidential debateIn Philadelphia, a birthplace of American democracy, Harris is charging Trump before the first question. Trump’s debate prep team predicted and feared this strategy so much they brought in Florida Rep. Matt Gaetz to play tormentor in practice rounds with their candidate. “I’m actually going to do something very unusual,” she says, “and I’m going to invite you to attend one of Donald Trump’s rallies, because it’s really interesting to watch. CNN’s Phil Mattingly, who covered Harris in the Senate, spoke with a senior Trump campaign adviser just ahead of the debate.

Persons: Joe Biden, Donald Trump, Read, “, Oprah Winfrey, Kamala Harris, Joe Biden’s, Harris, Hillary Clinton, ” Biden, Bill Clinton, Barack Obama, Jason Carter, Jimmy Carter, Michelle Obama claps, Biden, Trump, “ They’re, “ Who’s, Tim Walz, Taylor Swift, Rebecca Wright, CNN Harris, ”, Mo Elleithee, pollsters, CNN’s John King, “ Trump, ’, “ Kamala Harris, David Muir, Linsey Davis, ” Harris, Matt Gaetz, Michael Le Brecht, ” CNN’s Kristen Holmes, ‘ Don’t, Harris skewers Trump, Trump gamely, ” Trump, Ashley Etienne, Nancy Pelosi, “ I’m, Donald Trump’s, Hannibal Lecter, don’t, Miss Sassy, Sassy, Mike DeWine, Jeff Winter, Ohio Sen, JD Vance, Dana Bash, Dana, Springfield, Daniel Dale, Dale, Erick Erickson, ‘ Trump, keener, Harris ’, Trump’s, CNN’s Phil Mattingly, you’re, CNN’s Alayna Treene, ” CNN’s Chris Wallace, ” Wallace, he’s, Doug Emhoff, Scott Pelley, Lynne Sladky, Swift, Cat Lady, TAYLOR SWIFT, Harris romps, “ He’d, Jeff Zeleny Organizations: CNN, Democratic, Convention, Trump, Georgetown Institute of Politics, Public Service, Republican, ABC News, Florida Rep, ABC, New York Times, Miss, Republican Gov, Fox News, YouTube, Senate, CBS, Service, Trump International Golf Club, AP Trump Locations: Chicago, United States, City, Big, America, Philadelphia, Florida, Mexico, Springfield, Ohio, Springfield , Ohio, State, Miss, West Palm Beach , Florida

☆ FEMA conspiracy theories that have stoked chaos in the South date back to the 1980s
▼ + stars: | 2024-10-27 | by ( Bruna Horvath | Bruna Horvath Is An Intern On Nbc News' Tech Team. | ) www.nbcnews.com time to read: +12 min

Unlike with the hurricane rumor response page, FEMA did not appear to respond to the rumors on its page for the wildfires. By 2009, Alex Jones, perhaps one of the most widely known modern conspiracy theorists, was promoting the false FEMA camps conspiracy theory and deriding those who attempted to debunk it. The FEMA camps conspiracy theory continued throughout the height of the pandemic after President Joe Biden signed various executive orders regarding vaccinations and testing. Ron DeSantis said the plan was “not necessary” and referred to the vaccination sites as “FEMA camps.”Although the FEMA camp conspiracy theory has been shot down again and again, Aniano believes this won’t be the last of it. “The conspiracy theory, it’s going to come up again,” Aniano said.

Persons: Helene, Milton, Hurricane Helene, “, Tiffany Walters, Wendy Billot, Ida, Emily Kask, ” Sara Aniano, Fiona, Jimmy Carter, Camille, Carter, ”, Jonathan Drake, Oliver North, Reagan, Rebecca Rouse, ” Rouse, Conspiracism, antigovernment, ’, Alex Jones, Sandy, Jade Helm, conspiracists, insurrectionists, Aniano, ” Aniano, Donald Trump, Covid, Mike DeWine, Trump’s, ” DeWine, Bill Seitz, ’ ” Seitz, Seitz, Joe Biden, Biden, Ron DeSantis, “ Something’s Organizations: Federal Emergency Management Agency, FEMA, NBC News, Defamation League’s, Extremism, NBC, USA, Southern Poverty Law Center, Center for Strategic, International Studies, U.S ., Reuters, Tulane University, Oklahoma City, U.S . Army, The New York Times, Guardian, Ohio Gov, Trump’s FEMA, Ohio Department of Health, Republican, Ohio Public, Florida Gov Locations: Hurricane, North Carolina, ”, Houma, La, Texas, New Mexico, Hawaii, Maui, Mississippi, Canton , N.C, U.S, Mexico, Washington, America, Stafford, Ohio, Florida

☆ Fact check: 32 false claims Trump made to Joe Rogan
▼ + stars: | 2024-10-27 | by ( Daniel Dale | ) edition.cnn.com time to read: +20 min

Here is a fact check of 32 false claims Trump made to Rogan. The number of migrants: Trump claimed that at least “21 million” people have illegally crossed the border during the Biden administration. Trump’s Las Vegas crowd size: In his latest exaggeration about crowd sizes, Trump claimed there were “29,000 people” at his event the night prior. Foreign policyTrump and ISIS: Repeating one of his regular false claims, Trump said, “We defeated ISIS in record time. (This appeared to be an inadvertent mistake by Trump, but his claim was still inaccurate, and Trump has repeatedly bashed Biden over such mix-ups.)

Persons: Donald Trump, Joe Rogan, Kamala Harris, Trump, Rogan, Biden, Harris, Alejandro Mayorkas, Joe Biden, “, Hillary Clinton, Virginia, Carter, Jimmy Carter, ” Trump, ”, Tom Sofield, ” Harris, Obama, Kim Jong, Kim Jong Un, Barack Obama, Kim, Trump, “ Nobody, ’, FactCheck.org, Gavin Newsom, ’ ” Pavel Molchanov, Raymond James &, Molchanov, “ I’d, Oprah, Winfrey’s, didn’t, Trump’s, John Trump, Alyssa Farah Griffin, Griffin, Mike Pence’s, “ It’s, Abraham Lincoln’s, Abraham Lincoln, Tad, Lincoln, “ Tad, Tad Lincoln, Willie, bashed Biden Organizations: CNN, Immigration, Department of Homeland Security, Trump, Homeland, House Republicans, Electoral College, Washington Post, ABC, Wisconsin, Wisconsin Republicans, Republican, Bucks, ISIS, North Korean, Obama, Biden, New York Times, Taiwan News, NASA, Federal Highway Administration, USA, Gov, Drilling, National Wildlife Reserve, Wildlife Refuge, Raymond James & Associates, Alaska Industrial Development, Export Authority, Democratic, Oprah, MIT, Massachusetts Institute of Technology, Newsweek, Schools, White House, Pentagon, Capitol Locations: El Salvador, Guatemala, Honduras, United States, Wisconsin, Virginia, Oregon, Vegas, Las Vegas, Bucks County , Pennsylvania, Bucks County, Pennsylvania, Georgia, Texas, Michigan, Philadelphia, North Korea, China, Trump’s, Taiwan, “, ”, Midwest, California, ” California, Louisiana

☆ Versace's parent company stock plunged 45% after an affordable-luxury deal was blocked in court
▼ + stars: | 2024-10-25 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

A judge has granted a preliminary injunction to halt the merger between Tapestry and Capri Holdings. Following the ruling, on Thursday, Capri's stock plunged 45% in after-hours trading. AdvertisementVersace's parent company, Capri Holdings, suffered a steep loss in after-hours trading on Thursday after a federal judge blocked its proposed merger with Tapestry, the parent of fashion brands Kate Spade and Coach. Following the court order, Capri's stock was down 45% in after-hours trading on Thursday. AdvertisementRepresentatives of the FTC, Capri Holdings, and Tapestry didn't respond to a request for comment from Business Insider sent outside business hours.

Persons: Versace, —, Kate Spade, Jennifer Rochon, Rochon, Capri, Capri's Versace, Jimmy Choo, Michael Kors, Stuart Weitzman, Henry Liu Organizations: Capri Holdings, Service, of, Federal Trade, FTC, Appeals, Capri, Tapestry's, Competition, New York Times, Business Insider Locations: Southern, of New York, agency's

☆ US court blocks handbag maker Tapestry’s $8.5 billion acquisition of rival Capri
▼ + stars: | 2024-10-24 | by ( ) edition.cnn.com time to read: +1 min

A US judge blocked the pending $8.5 billion merger of US handbag and accessories maker Tapestry and Capri on Thursday, a victory for the US Federal Trade Commission in an industry where merger challenges are rare. Tapestry fought those claims, saying the deal was spurred by an intensely competitive US handbag industry and was needed to fight back against European players like Gucci, which are increasingly grabbing market share. The ruling in effect permanently blocks the proposed deal, Tapestry’s lawyers said in court documents. Those brands are: Tapestry’s Coach, Kate Spade and Stuart Weitzman; and Capri’s Versace, Jimmy Choo and Michael Kors. The ruling follows approval of the merger by regulators in Japan and the European Union earlier this year.

Persons: Tapestry, Gucci, Biden, Kate Spade, Stuart Weitzman, Capri’s Versace, Jimmy Choo, Michael Kors, Jennifer Rochon Organizations: US Federal Trade Commission, FTC, Capri, European Union Locations: Capri, New York, Japan

☆ Stocks making the biggest moves after hours: Dexcom, Capri, Skechers, Capital One and more
▼ + stars: | 2024-10-24 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Dexcom — Shares slid nearly 7%, despite the manufacturer of diabetes management devices posting a third-quarter adjusted earnings and revenue beat. L3Harris reported adjusted earnings of $3.34 per share on revenue of $5.29 billion, while analysts polled by LSEG had expected $3.26 per share on $5.28 billion in revenue. Boyd reported adjusted earnings of $1.52 a share, beating the consensus estimate of analysts polled by FactSet by 12 cents. In the third quarter, Capital One reported adjusted earnings of $4.51 per share on revenue of $10.01 billion. The company's provision for credit losses came in at $2.48 billion, versus the $2.83 billion estimate from analysts polled by StreetAccount.

Persons: Dexcom, LSEG, Kate Spade, Gucci, Michael Kors, Jimmy Choo, FactSet, Morgan Stanley, Skechers, Boyd, Darla Mercado, Lisa Kailai Han, Christina Cheddar Berk Organizations: Technologies, Tapestry, LSEG, Kinsale Capital, Kinsale, Joby Aviation, Allen, Co, FactSet, Boyd, Revenue, StreetAccount Locations: Kinsale

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