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Ms. Harris was receiving 93 percent support from Democrats, the same share that Mr. Trump was getting from Republicans. Overall, Mr. Trump leads Ms. Harris 48 percent to 47 percent among likely voters in a head-to-head match. Mr. Trump leads Ms. Harris 48 percent to 46 percent among registered voters. The country’s view of Ms. Harris has also brightened, with her favorable rating rising by 10 percentage points since February. In a multicandidate race, less than a single percentage point separated Mr. Trump and Ms. Harris, with Ms. Harris at 44 percent and Mr. Trump at 43 percent after rounding.
Persons: Kamala Harris, Donald Trump, Donald J, Trump, Biden, Harris, Nate Cohn, Mr, Erin Schaff, Harris’s, JD Vance, Ohio, , , Summer Nesbitt, Nesbitt, Biden’s, Trump’s, … Donald Trump, Joe Biden, Harris —, don’t, Eddie Otzoy, Hillary Clinton, Michael Newman, , Robert F, Kennedy Jr, ” Harris Trump, Christine Zhang Organizations: New York Times, Siena College, Democratic Party, Democratic, Mr, Republicans, Times, Credit, The New York Times, Sun, Republican National Convention, Trump, Siena, , Democrats Locations: Siena, Atlanta, Nevada , Arizona, Georgia, Detroit, Pennsylvania, Los Angeles, Arlington , Texas
Sales of $100 million homes are on track to double this year, as surging financial markets and hopes for rate cuts fuel a recovery in the ultra-luxury real estate market, according to new reports. As of July 15, six homes in the U.S. have sold for more than $100 million, according to data from Miller Samuel and Douglas Elliman. If the sales pace continues, it would more than double last year's total and likely eclipse the record of nine homes sold for over $100 million in 2021. But sales of homes priced at $50 million, $20 million and even $10 million are all signaling a strong rebound for the ultra-luxury real estate market after its decline in 2023. A penthouse at Central Park Tower — the tallest residential building in the world — closed for $115 million to an unknown buyer.
Persons: Robert Frank, Miller Samuel, Douglas Elliman, Jonathan Miller, Aman, Vladislav Doronin, Oakley, James Jannard Locations: U.S, Manhattan, York, Russian, Palm, Tarpon Island, California
Breaking down Trump's 'tariffs-for-tax cuts' plan
  + stars: | 2024-07-24 | by ( Robert Frank | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBreaking down Trump's 'tariffs-for-tax cuts' planCNBC’s Robert Frank joins 'Squawk Box' to break down former President Trump's 'tariffs-for-tax-cuts' tax plan.
Persons: Robert Frank, Trump's
RFK Jr. reportedly offered to endorse Trump in exchange for a White House post. Kennedy wanted to manage healthcare issues, despite his well-known stance as a vaccine skeptic. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRobert F. Kennedy Jr. is mired in another scandal, as he floated the idea of endorsing Donald Trump's presidency in exchange for a future job at the White House, four sources told the Washington Post. According to the anonymous sources, Kennedy, the independent presidential candidate, hoped to manage a slate of health and medical issues.
Persons: Trump, Kennedy, , Robert F, Kennedy Jr, Donald Trump's Organizations: RFK Jr, Service, White, Washington, Business Locations: Milwaukee
At 78 years old, former President Donald Trump is now the oldest nominee running for president. Joe Biden, 81, dropped out of the race on Sunday and endorsed Vice President Kamala Harris, 59. If she becomes the Democratic nominee, Harris' age could be an advantage against Trump. AdvertisementNow that President Joe Biden has dropped out of the 2024 race, Donald Trump, 78, is the oldest nominee of the two major parties to ever run for president. Biden, 81, was already the oldest president in US history when he took office at age 78.
Persons: Donald Trump, Joe Biden, Kamala Harris, Harris, , Biden, Robert F, Kennedy Jr Organizations: Democratic, Trump, Service, Business
CNN —President Joe Biden ran for reelection to save democracy. “It has been the greatest honor of my life to serve as your President,” Biden said in a letter he posted to X on Sunday afternoon. His struggles validated concerns of majorities of voters that he would be too old for a second term that would have ended when he is 86. But in the end, Biden could not find a way to make voters unsee the poignant picture of an 81-year-old commander in chief who appeared to have seriously declined and was stumbling in the debate. Years earlier, in March 1952, Harry S. Truman, another Democratic president, had decided not to seek his own second term.
Persons: Joe Biden, Biden, Donald Trump, ” Biden, Kamala Harris, Nancy Pelosi, Still Biden, Lyndon Johnson, , Trump, Biden’s, , he’s, plagiarizing, Obama, Hillary Clinton, he’d, Beau, Hunter, Johnson, Robert F, Kennedy, President Hubert Humphrey, Republican Richard Nixon, Harry S, Truman, Adlai Stevenson, Republican Dwight Eisenhower, Harris Organizations: CNN, Democratic, Biden, Trump, American, White, Overseas, NATO, , Democratic Party, Republican Party, Republican Locations: Delaware, Chicago, Atlanta, American, Ukraine, Afghanistan, British, Milwaukee
Gigacasting is a form of die-casting — pouring materials like molten aluminum into large molds to form parts. For example, the front and rear portions of the early Model 3 chassis each contained more than 70 parts, according to Tesla. Reducing weight ultimately means more range for the customer, and substituting one large megacast for dozens of stamped parts reduces labor and boosts production, he said. Severinson views repair as a solvable challenge: "There is a solution to repairing also a casted rear floor," he said. Burns and Volk say that might be a sign that the company is hitting some technical limits.
Persons: Elon Musk, Shea Burns, AlixPartners, Tesla, Musk, Erik Severinson, Burns, Wolfram Volk, Volk, Lars Moravy Organizations: Toyota, Ford Motor, General Motors, Hyundai, Nissan, Volvo, Technical University of Munich, BMW, Volkswagen Locations: American, Germany
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy EV makers are investing in the new manufacturing method of gigacastingAutomakers are seeking new manufacturing methods that can help achieve the goal of producing cheap EVs profitably. One technique is called gigacasting or megacasting where high pressure molds are used to form molten aluminum into large parts. Electric car maker Tesla is credited with pioneering the method, and some rivals also are stepping up investments. CNBC spoke with experts, including Volvo Cars' chief product and strategy officer, Erik Severinson, about that company's plans in this area.
Persons: Tesla, Erik Severinson Organizations: CNBC, Volvo Cars
There are now 426,330 individuals worth $30 million or more, known as ultra-high-net worth (UHNW) individuals, according to Altrata's World Ultra Wealth Report 2024. Their total wealth surged by 7% to $49 trillion in 2023, helped mainly by the year-end stock rally. In the U.S., the ultra-high-net-worth population increased 13%, to 147,950, meaning the U.S. now accounts for a third of the world's ultra-high-net worth population. Over the next five years, the UHNW population is expected to grow by 38% to 587,650, according to the report. Their combined fortunes will rise by $19 trillion — creating a massive new opportunity for companies that cater to the ultra-wealthy, according to the report.
Persons: Spencer Platt, Robert Frank Organizations: New York Stock Exchange, Getty Locations: New York City, U.S
As Abbott's organic sales growth continues to shine, the market will realize both concerns are overblown. The FreeStyle Libre itself, which had 20% organic growth in the quarter, also still has plenty of runway for further growth. Investors should focus instead on the upward revision to management's full-year outlook for both top-line organic growth and earnings. The combination of Thursday's strong results and immediate decline in share price is setting up a positive risk vs. reward setup. Within Diagnostics, a small miss in molecular was more than offset by strong results in core laboratory, point of care and rapid diagnostics.
Persons: Abbott, Edwards, Robert Ford, It's, Jim Cramer's, ABT, Jim Cramer, Jim, Robert B, Ford, Ethan Miller Organizations: Abbott Labs, Abbott Laboratories, NEC, Rio, Libre, Management, Diagnostics, Devices, CNBC, Getty Locations: Missouri, Rio —, United States, U.S, Vegas, Las Vegas , Nevada
Watch CNBC's full interview with Abbott Labs CEO Robert Ford
  + stars: | 2024-07-18 | 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 EmailWatch CNBC's full interview with Abbott Labs CEO Robert FordRobert Ford, Abbott Labs co-chairman and CEO, joins 'Squawk on the Street' to discuss what's driving the company's double-digit gains in the quarter, Abbott Labs' Libre product, and much more.
Persons: Robert Ford Robert Ford Organizations: Abbott, Abbott Labs
AdvertisementA wave of violence against political leadersAround the world, politics has been rocked by a wave of assassinations of political leaders, dissidents, and other high-profile figures. In the UK, political assassinations were once rare, but two members of parliament were assassinated in five years. Political violence is on the riseA 2018 protest in Turkey against the murder of Jamal Khashoggi, a Saudi dissident. Bruce Hoffman, an expert on terrorism at the Council on Foreign Relations, told Business Insider that rising political violence is the outcome of increasing global instability. - Getty ImagesAnother factor behind the spike in assassinations is the increasing instability of the global political order.
Persons: , Donald Trump, It's, Jo Cox, Sir David Amess, Robert Fico, Alexander Navalny, Vladimir Putin, Shinzo Abe, Fernando Villavicencio, Zoran Djindjic, Jamal Khashoggi, Mohammed bin Salman, Emrah, Bruce Hoffman, Hoffman, Trump, Joe Biden, General Merrick Garland, Christopher Wray, Gretchen Whitmer, Paul Pelosi, Nancy Pelosi, who'd, Tommy Mair, John Bolton, Volodymyr Zelenskyy, Nicholas Maduro, Abe, Jacob Ware Organizations: Service, CNN, Business, Slovakian, Kremlin, Serbian, CIA, University of Maryland's, Council, Foreign Relations, Trump, New York Times Locations: Pennsylvania, Saudi Arabian, Saudi, Turkey, Saudi Arabia, Michigan, Washington , DC, Slovakia, India, Iran
"It's a very momentum-driven market," said Ben Klein, the cofounder at the record label and music-marketing firm Hundred Days. Still, for some artists, albums can be a useful tool for marketing, streaming economics, and nourishing their biggest fans. "If you're capturing all of your fans and the fans are streaming 10 songs or they're streaming 30 songs, it actually makes a big difference on charting and streaming revenue." AdvertisementOf course, writing lots of quality songs for an album is easier said than done. And some artists are wary of letting social-media strategies or streaming incentives bleed into the creative process.
Persons: Charli XCX, cheekily, Taylor Swift, Nima Nasseri, Morgan Wallen's, Beyoncé, Cowboy Carter, Swift, Nathan Hubbard, Billie Eilish, Ben Klein, superfans, David O'Connor, Z, Steve Jobs, Robert Fink, Charlie Green, YouTuber, Taylor Lindsey, Brian Zisook, Audrey Benoualid, Myman Greenspan, Ariana Grande, Tate McRae, Judah, Judah Akers, Superfans, Marie Clausen, Akers, Dan Whateley Organizations: Universal Music Group, Poets Department, Nation Entertainment, Napster, iTunes, Herb Alpert School of Music, Sony Music Nashville, Lion, RIAA, Business
Abbott Labs CEO on Q2 earnings
  + stars: | 2024-07-18 | 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 EmailAbbott Labs CEO on Q2 earningsAbbott Labs CEO Robert Ford joins 'Squawk on the Street' to discuss what's driving the company's double-digit gains in the quarter, his take on the 2024 election, and more.
Persons: Robert Ford Organizations: Abbott
Robert F. Kennedy Jr.'s son posted a video of a call between Trump and the independent candidate. Trump told RFK Jr. that the bullet sounded like the "world's largest mosquito." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIn a leaked call between Donald Trump and independent candidate Robert F. Kennedy Jr., the former president offered further description of what it was like to survive an assassination attempt. "It felt like a giant — like the world's largest mosquito."
Persons: Robert F, Kennedy Jr, , Donald Trump, Trump, Kennedy's, Bobby Kennedy III, Kennedy Organizations: Trump, RFK Jr, Service, Business
The clip also shows Trump telling his ostensible campaign rival, "I would love you to do something. A Trump campaign spokesman did not immediately respond to CNBC's request for clarification about the leaked conversation, which Kennedy verified later Tuesday morning. There's this massive, and then you see the baby all of a sudden starting to change radically. "There's this massive, and then you see the baby all of a sudden starting to change radically," Trump claims. The video clip does not appear to show the entire call.
Persons: Donald Trump, Robert F, Kennedy Jr, Trump, Kennedy, Biden, Kennedy's, Bobby Kennedy III, Bobby, Kennedy III Organizations: Trump Locations: United States, Pennsylvania
A leaked video of Donald J. Trump calling Robert F. Kennedy Jr. offered a behind-the-scenes look into the former president’s efforts to coax Mr. Kennedy out of the presidential race and into his camp. On Mr. Kennedy’s speaker phone, Mr. Trump, the Republican nominee, can be heard offering up the kind of anti-vaccine message that Mr. Kennedy is known for. Mr. Trump also reveals details of his call with President Biden, saying “it was very nice.” And he tells Mr. Kennedy, seemingly in an effort to win his support: “I would love you to do something. And we’re going to win.”Mr. Kennedy, the iconoclastic but struggling independent candidate, apologized for the leak almost immediately on X, the same social media site where the video appeared. “When President Trump called me I was taping with an in-house videographer,” he wrote.
Persons: Donald J, Trump, Robert F, Kennedy Jr, Kennedy, Biden, ” Mr, , Organizations: Republican
Read previewWhen journalist Steve Fishman did an exclusive jailhouse interview with a serial killer and rapist, he had one particularly important question to ask. Nearly 50 years later, Fishman has reflected on his narrow escape in the true-crime podcast, "Smoke Screen: My Friend, The Serial Killer." "He seemed amiable, personable, and completely unthreatening," Fishman told BI. Serial killer Carr died of prostate cancer. AdvertisementFishman went on to interview the so-called "Son of Sam" serial killer David Berkowitz, in the 2000s.
Persons: , Steve Fishman, Robert Frederick Carr III, Fishman, Carr, beckoned Fishman, I'm, I've, nixed, he'd, Sam, David Berkowitz, Bernie Madoff Organizations: Service, Business, SME, Norwich Bulletin, Associated Press, Bettmann Locations: Norwich , CT, Norwich, Florida, Connecticut,
Bank of America earnings topped estimates, and shares rose early Tuesday. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUS stocks climbed higher as fresh data indicated that consumers were still spending. Excluding autos, sales rose 0.4% against estimates of a 0.1% increase. In the bond market, the 10-year Treasury yield slid moderately, after comments dovish were made by Federal Reserve Chairman Jerome Powell.
Persons: , Robert Frick, dovish, Jerome Powell Organizations: Bank of America, Service, Navy Federal Credit Union, Bloomberg, Treasury, Federal
Independent presidential candidate Robert F. Kennedy Jr. addresses the Libertarian Party's national convention in Washington, U.S., May 24, 2024. Independent presidential candidate Robert F. Kennedy Jr. will receive Secret Service protection at the direction of President Joe Biden as a result of the attempted assassination of former President Donald Trump, U.S. "In light of this weekend's events, the president has directed me to work with the Secret Service to provide protection to Robert Kennedy Jr.," Mayorakas said at the White House during a daily briefing. "Thank you to President Biden for granting me Secret Service protection," Kennedy said on X.Trump, who was shot at Saturday by a 20-year-old gunman during a rally in Pennsylvania, has urged the U.S. government to provide Secret Service protection to Kennedy, who had been repeatedly denied a Secret Service detail. Trump wrote a post on the Truth Social app.
Persons: Robert F, Kennedy Jr, Joe Biden, Donald Trump, Alejandro Mayorkas, Robert Kennedy Jr, Mayorakas, Biden, Kennedy, Trump Organizations: Libertarian Party's, U.S . Homeland, Service, White, U.S Locations: Washington , U.S, U.S, Pennsylvania
But political violence hasn’t stopped since then. The nation is also still processing the attack on the US Capitol by Trump supporters on January 6, 2021. In one of the most poignant reactions, Giffords said in a statement, “Political violence is terrifying. I know.” She added: “I’m holding former President Trump, and all those affected by today’s indefensible act of violence in my heart. Political violence is un-American and is never acceptable – never.”Unfortunately, history suggests that violence, while indefensible, is also a quintessential scar on American politics.
Persons: Donald Trump, America’s, MAGA, flinched, Evan Vucci, Trump, , Joe Biden, John F, Kennedy, Robert F, Martin Luther King Jr, hasn’t, Gabrielle Giffords, Steve Scalise, Joseph Meyn, CNN’s, , ” “, Reagan, Biden, he’s, ” Biden, he’d, Donald ”, , Biden –, Giffords Organizations: CNN, Republican, GOP, Associated Press, Secret Service, Secret, Democratic, Democratic National Convention, Arizona Democrat, Trump, ” “ JFK, RFK, MLK, New, White House, Republican National Convention Locations: Butler , Pennsylvania, American, Butler, Pa, Chicago, Arizona, New York, Rehoboth Beach , Delaware, America, Washington, United States, Atlanta, Milwaukee
Robert F. Kennedy Jr., who is running for president as an independent, has said that he has “many skeletons” in his closet. Mr. Kennedy declined to comment on the messages or on Ms. Cooney’s allegations. Ms. Cooney was a weekend babysitter — the Kennedys had three children then (a fourth was born later) — and she worked as an intern in his law clinic at Pace. Another time, she said, Mr. Kennedy came into her room shirtless and asked her to rub lotion on his back. Ms. Cooney also described an incident when she was alone at the house with Mr. Kennedy.
Persons: Robert F, Kennedy Jr, Eliza Cooney, Kennedy’s, Kennedy, groping, Cooney, , , Ms, , Mary Richardson Kennedy, , Riverkeeper Organizations: Washington Post, Mr, Pace Law School, The New York Times, Times, Pace Locations: White Plains, N.Y, Mount Kisco
CNN —Sometime in late April, the Jewish cemetery in upstate New York where both of my parents are buried was vandalized. For now, the perpetrators remain unknown, though their motivation seems obvious to everyone in the Jewish community, near and far. Elizabeth Rosner Tora SmartRecently, CNN reported that nearly 180 gravestones at two Jewish cemeteries in Cincinnati were vandalized. Having been immersed in my highly autobiographical pages for two semesters, the students ask me questions that are respectful yet probingly intimate. For now, I sit with the German translation students in silence.
Persons: Elizabeth Rosner, CNN —, Elizabeth Rosner Tora Smart, I’ve, Robert Frost, Gustav Klimt, , General George Patton’s Organizations: Art, CNN, General George Patton’s Third Army Locations: New York, Cincinnati, Germany, Buchenwald, Hamburg, Vietnam, Israel
If current trends continue, Mr. Trump could rack up one of the most decisive presidential victories since 2008. The Biden campaign hoped to change this political dynamic by calling for a historic early debate in June. Of all the battleground states, Mr. Biden had been performing best in Wisconsin. However, in two polls released this week, Mr. Trump has pulled ahead of Mr. Biden. Republicans clearly understand that these three battleground states are Mr. Biden’s only remaining path to 270 electoral votes.
Persons: Carolina Moscoso, Biden, Donald Trump, Trump, I’ve, Hillary Clinton, Barack Obama, George H.W, George H.W . Bush, Biden’s, Nebraska’s, Mr, Robert F, Kennedy Jr, Jill Stein, Stein, Miriam Adelson, Bill Clinton, Doug Sosnik Organizations: Carolina, Democratic, New York Times, Siena, Mr, Democratic Party, Congressional, , Green Party, Republicans Locations: United States, Minnesota, New Hampshire, George H.W ., Wis, Mich, Pa, Nev, N.C, Ariz . Ga, Ariz ., Arizona, Georgia, Nevada, North Carolina, Michigan, Wisconsin, Maine, New Mexico, Virginia, Pennsylvania, . Michigan, Gaza, Madison
Jeff Bezos sells more Amazon shares
  + stars: | 2024-07-12 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJeff Bezos sells more Amazon sharesCNBC's Robert Frank joins 'Squawk on the Street' to discuss the latest news on Amazon founder Jeff Bezos.
Persons: Jeff Bezos, Robert Frank Organizations: Amazon
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