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☆ The Economist's Tom Standage shares his outlook for 2025
▼ + stars: | 2024-11-20 | 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 EmailThe Economist's Tom Standage shares his outlook for 2025Tom Standage, editor of The Economist's World Ahead 2025 gives Steve Sedgwick and Karen Tso his predictions for 2025.

Persons: Tom Standage, Steve Sedgwick, Karen Tso

☆ What awaits the GOP's narrow House majority: From the Politics Desk
▼ + stars: | 2024-11-18 | by ( The Politics Desk | ) www.nbcnews.com time to read: +8 min

In today’s edition, national political reporter Ben Kamisar examines how House Republicans are growing increasingly aligned with Donald Trump. “One of the main takeaways from this cycle is that the Democratic Party has a lot of work to do on how we’re reaching voters,” Democratic strategist Christina Freundlich said. It’s one more thing a narrow House Republican majority will have to work through early next year. The remaining House Republicans are going to have to summon a different level of unity than they have managed recently to move the party’s legislative agenda. Martin O’Malley, a onetime presidential candidate, announced he’d enter the race for Democratic Party chair, but many more names are already circulating.

Persons: Ben Kamisar, Donald Trump, Kristen Welker, Mark Murray, Kamala Harris, Harris, Trump, Christina Freundlich, “, Steve Schale, Barack Obama’s, Joe Biden, ”, ” Schale, Sen, John Fetterman, Sahil Kapur, Syedah Asghar, Ryan Nobles, Kyle Stewart, Mike Johnson, We’re, ” Johnson, Donald Trump’s, you’d, —, Matt Gaetz’s, Elise Stefanik, Mike Waltz, Pete Hegseth, Brendan Carr, Carr, Johnson, ann o, lea Organizations: NBC, White House, Capitol, Republicans, Press, Democrats, Democratic Party, Democratic, PAC, Kyle Stewart Congress, “ Fox, Republican, NBC News, Trump, Fox News, Federal Communications Commission’s, adjourning, gov Locations: Florida, Gaetz

☆ Democrats won 'highly engaged' voters and struggled with everyone else in 2024
▼ + stars: | 2024-11-18 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mark-Murray-Circle-Byline-Template.Jpg | Mark Murray | ) www.nbcnews.com time to read: +5 min

Vice President Kamala Harris and Democrats convinced frequent voters and highly engaged voters to stick with them in the 2024 presidential election. “One of the main takeaways from this cycle is that the Democratic Party has a lot of work to do on how we’re reaching voters,” Democratic strategist Christina Freundlich said. 'We simply stopped communicating to many voters'Democrats overperforming with highly engaged voters — but struggling with less-engaged voters — reflects America’s political realignment over the past decade, as Democrats have made gains among college-educated and more frequent voters, while Republicans have won over more working-class and less-frequent voters. Media consumption also underscores the political split between highly engaged voters and less-engaged ones. Schale, the Democratic strategist from Florida, argues that Democrats “simply stopped communicating” with huge swaths of voters.

Persons: Kamala Harris, Harris, Donald Trump, Trump, Christina Freundlich, “, Steve Schale, Barack Obama's, Joe Biden, Schale, Sen, John Fetterman, —, It’s, Jesse Ferguson, ”, ” Ferguson, Doug Heye, ” Heye, “ Harris Organizations: NBC, Democratic Party, Democratic, PAC, Democrats, Republicans, GOP, Media, TV, Google, Biden, Trump, Voters Locations: Florida, —

☆ Trial begins in human smuggling case after family froze to death trying to cross border
▼ + stars: | 2024-11-18 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

Prosecutors say Indian national Harshkumar Ramanlal Patel, 29, ran part of the scheme and recruited Steve Shand, 50, of Florida, to shuttle migrants across the border. Prosecutors say when Jagdish Patel’s body was found, he was holding Dharmik, who was wrapped in a blanket. Patel is a common Indian surname and the victims were not related to Harshkumar Patel. The U.S. Border Patrol arrested more than 14,000 Indians on the Canadian border in the year ending this Sept. 30. Prosecutors say Shand told investigators that Patel paid him about $25,000 for the five trips.

Persons: Ramanlal Patel, Steve Shand, John Tunheim, Shand, Jagdish Patel, Vaishaliben, Dharmik, Jagdish Patel’s, Patel, Harshkumar Patel, Harshkumar, Thomas Leinenweber, Shand messaged Patel, ”, messaged Patel, Satveer Chaudhary, ” Chaudhary Organizations: Prosecutors, U.S, District, The U.S . Border Patrol, Pew Research, Associated Press Locations: India, Canada, U.S, Florida, Minnesota, Dingucha, Gujarat, Washington, The U.S, El, America, Deltona , Florida, Orlando, Minneapolis, American

☆ Traders like the broadening postelection rally, but are getting worried about rising dollar threat
▼ + stars: | 2024-11-18 | by ( Frank Holland | In Frank-Holland | ) www.cnbc.com time to read: +4 min

(This is a wrap-up of the key money moving discussions on CNBC's "Worldwide Exchange" exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. The ICE U.S. Dollar index is currently at a higher level than it was in June of 2022 when Microsoft warned of a stronger dollar impact to earnings. Other multi-national companies including Johnson and Johnson, Estee Lauder and Amazon also warned of the dollar impact that year. "I think the choices are already made to a certain extend," said Ross Mayfield Investment Strategist for Baird Private Wealth Management on Worldwide Exchange.

Persons: Kevin Mahn, Walsh, Steve Sosnick, Johnson, Estee Lauder, Joe Biden, XI Jinping, Xi, Trump, Ross, Mayfield, Mahn Organizations: PRO, Worldwide, Interactive Brokers, ICE, Microsoft, Amazon, Evercore ISI, Economic Cooperation, Ross Mayfield Investment, Baird Private Wealth Management, Worldwide Exchange, Howmet Aerospace, Defense Locations: Hennion, United States, China, Asia, U.S

☆ Bills hand Chiefs first loss of season as Josh Allen rushes for late TD: Key takeaways
▼ + stars: | 2024-11-17 | by ( The Athletic Nfl Staff | ) www.nytimes.com time to read: +5 min

The Chiefs fell to the Buffalo Bills, 30-21, as Josh Allen got the best of Patrick Mahomes in Buffalo on Sunday. The quarterback totaled over 300 yards in the game, including a team-high 55 rushing yards and a passing touchdown. Steve Spagnuolo’s Chiefs defense entered Week 11 ranked fourth in DVOA, a gargantuan factor in Kansas City being so lucky to remain undefeated until Sunday. It took a heroic effort for Allen to snap the 30-game streak for the Chiefs’ defense, which has been the better unit on the roster in the past two seasons. AdvertisementFor the Chiefs’ defense, the biggest takeaway here is that the secondary looks to be shaky in certain spots against quality competition.

Persons: Joe Buscaglia, Nate Taylor, Tim Graham, RJ Kraft, Josh Allen, Patrick Mahomes, Mahomes, Allen, James Cook, Bo Nix, — Nate Taylor, Buffalo, Steve Spagnuolo’s, — Tim Graham, Nazeeh Johnson, Amari Cooper, Curtis Samuel, Chamarri Conner, — Taylor, — Taylor Bills ’, Terrel Bernard, Travis Kelce, — Joe Buscaglia, Timothy T Ludwig Organizations: Miami Dolphins, Kansas City Chiefs, Chiefs, Buffalo Bills, Kansas City, AFC, Bills, Pittsburgh Steelers, Los Angeles Chargers, Houston Texans, Steelers, Steve Spagnuolo’s Chiefs, Buffalo, Kansas, — Taylor Bills, Getty Locations: Buffalo, Mahomes . Buffalo, DVOA, Kansas City

☆ Inside the secretive operation helping manage billionaire Steve Schwarzman's vast fortune
▼ + stars: | 2024-11-15 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +14 min

Schwarzman has called Blackstone his family office, but he has another family office, BI has learned. Inside Schwarzman's secretive family office with a name that harkens back to his childhood. The concept of the family office can be traced to the 1838 founding of the House of Morgan to handle J.P. Morgan's fortune. Every family office, however, is just as unique as the wealthy family that's spawned it, he said. Advertisement"The term family office," Sharpe said, "is possibly the most misused, overused, and poorly used term in finance today."

Persons: Steve Schwarzman, Schwarzman, Blackstone, —, Averell Harriman, Harriman, Brown, Harry Truman, Donald Trump, Christine Hearst Schwarzman, Gwen Stefani, Theo Wargo, Pennypack, Steve Schwarzman's, Blackstone Schwarzman, Pete Peterson, Marc Sharpe, Michael Dell, Sharpe, they're, Stephen A, John Magliano, Magliano, Paul A ., LLCs, tony Easton, Hearst, Alexi Rosenfeld, Trump's, Stephen Schwarzman, Jabin, Tim Sheehy, Montana, Sheehy, Morgan Organizations: Service, Bloomberg, Ford Motor Co, White, New York Public Library, Metropolitan, Bank of America Securities Financial Services, Blackstone, Vanguard, Family Office Association, Dell Computer, BI, Getty, Schwarzman, LinkedIn, Hearst Schwarzman, Art, Federal Communications Commission, MIT, Humanities, Oxford, New York Public, Schwarzman Education Foundation, Tsinghua University, Policy, Washington, Getty Images Locations: New York, Vietnam, Manhattan, Philadelphia, Blackstone, Schwarzman, Pennypack, Delaware, Nantucket , Massachusetts, Nantucket, Schwarzman's, Newport , Rhode Island, Miramar, Wiltshire, England, Newport ., Beijing, China, North America

☆ Disney is avoiding more political dust-ups, but Netflix is bringing the fight to the media giant when it comes to live sports
▼ + stars: | 2024-11-15 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. In today's big story, Disney reported strong earnings and has a bright outlook on the future, but it doesn't want to discuss politics . The big storyLet's not talk politicsBob Iger, CEO of Disney Charley Gallay/Getty ImagesWhen it comes to Donald Trump, Disney is taking a page from its famous mascot and being as quiet as a mouse. But the king of streaming — Netflix — seems unstoppable , and it's threatening a space that Disney's ESPN previously had a stronghold: live sports.

Persons: —, it's, Bob Iger, Disney Charley Gallay, Donald Trump, didn't, Iger, we've, Minnie Mouse, Iger's, BI's Lucia Moses, Ron DeSantis, Trump, Hulu —, Jake Paul, Mike Tyson, Michael Ostuni, Tyler Le, Fiona Carter, Goldman Sachs, Jerome Powell, it's Elon, Steve Schwarzman's, Sam Altman, Elon Musk, Tesla, Lina Khan's, Rebecca Zisser, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Disney, Revenue, Trump, Walt Disney World, Anadolu, Getty, Disney's ABC, ESPN, Netflix, Federal Reserve, EV, Microsoft, Federal Trade Commission Locations: Asia, Hollywood, Florida, Blackstone, ChatGPT, New York, Chicago, London

WASHINGTON — A triumphant President-elect Donald Trump huddled with House Republicans before their leadership elections Wednesday and threw his support behind Speaker Mike Johnson, a key ally, as the GOP prepares for unified control of government next year. Trump, the 45th and future 47th president, got multiple standing ovations from rank-and-file Republicans at the meeting. After the event with Republicans, Trump headed to the White House for a meeting with President Joe Biden. House Appropriations Committee Chairman Tom Cole, R-Okla., said Trump's meeting with Republicans was less about specific policy proposals and more of a "rah-rah address." Even before Trump's endorsement, Republicans were expected to nominate Johnson to continue as speaker in the 119th Congress.

Persons: WASHINGTON —, Donald Trump, Mike Johnson, Johnson, Trump, Elon Musk, Vivek Ramaswamy, Kamala Harris, Joe Biden, Tom Cole, Troy Nehls, Nehls, Andy Harris, “, Kevin McCarthy, McCarthy, Scott DesJarlais, — Harris, Dusty Johnson, —, Harris, We've, Steve Scalise, Tom Emmer, Sen, John Thune of, Mitch McConnell of, Elise Stefanik, Lisa McClain, Kat Cammack, Rand Paul, Rick Scott, Richard Hudson of, Blake Moore of, Kevin Hern, Gary Palmer of, Palmer, Hern, Erin Houchin, Mark Alford of, Mariannette Miller, Meeks, sidestep, Trump's, Johnson Organizations: Republicans, GOP, Hyatt, Capitol, Trump, NBC, Tech, “ Department, Government, White, Rep, House Republicans, HFC, Caucus, Freedom Caucus, Main Street, Stefanik, Republican, United Nations, National Republican Congressional Committee, Oklahoma, Committee, Reps, Mar, Republican Party, Congress Locations: Washington, Mar, Florida, Texas, America, John Thune of South Dakota, Mitch McConnell of Kentucky, New York, U.S, Lisa McClain of Michigan, Sens, Ky, Richard Hudson of North Carolina, Blake Moore of Utah, Gary Palmer of Alabama, Indiana, Mark Alford of Missouri, Iowa

☆ Scientists discover the world’s largest coral — so big it can be seen from space
▼ + stars: | 2024-11-14 | by ( Laura Paddison | ) edition.cnn.com time to read: +6 min

The world’s largest coral has just been discovered in the southwest Pacific Ocean, scientists announced Wednesday. It’s three times larger than the previous record-breaker in American Samoa, according to Pristine Seas, and longer than a blue whale, the planet’s biggest animal. Steve Spence/National Geographic Pristine SeasA diver swims alongside the mega coral, which is made up of nearly 1 billion polyps. “Making a discovery of this significance is the ultimate dream,” said Paul Rose, a National Geographic Pristine Seas expedition leader. Yet while the mega coral remains vulnerable, he believes its health and longevity do provide a glimmer of hope.

Persons: CNN CNN —, “, ”, Enric Sala, Manu San Félix, It’s “, Steve Spence, Féliz, it’s, Paul Rose, Dennis Marita, Sala, Derek Manzello, Manzello, Emily Darling, Darling, ” Sala Organizations: CNN CNN, National Geographic, Geographic, Ministry of Culture, Tourism, National Oceanic, Atmospheric Administration, International Union for Conservation, Reef, CNN, Wildlife Conservation Society, COP29, UN Locations: Ocean, Solomon Islands, American Samoa, Solomon, Indonesia, Philippines, Baku, Azerbaijan

WASHINGTON — President-elect Donald Trump stunned Senate Republicans by announcing Wednesday that he will nominate Rep. Matt Gaetz, R-Fla., to be attorney general. Some Senate Republicans said the process won’t be smooth sailing. Sen. Lisa Murkowski, R-Alaska, said it will be “a significant challenge” for Gaetz to win enough votes to be confirmed. I can’t even believe it.”Sen. Richard Blumenthal, D-Conn., a member of the Judiciary Committee, said Gaetz lacks basic qualifications for the job. “We met with President Trump and said, ‘Please, no more House members after Matt Gaetz,’” Scalise said.

Persons: Donald Trump, Matt Gaetz, Sen, Lisa Murkowski, Gaetz, “, That’s Lisa Murkowski’s, ” Murkowski, ” Sen, Joni Ernst, “ He’s, John Cornyn, ”, ” Cornyn, Cornyn, we’ll, Thom Tillis, Susan Collins, Collins, there’s, Kevin Cramer, Katie Britt, Ron Johnson, Pete Ricketts, didn’t, Trump’s, Chris Coons, Peter Welch, Joe Manchin, Richard Blumenthal, Conn, ” Blumenthal, John Fetterman, it’s, Mike Simpson, Simpson, Steve Scalise, he’s, President Trump, ” Scalise, Max Miller Organizations: WASHINGTON, Trump, Senate, Pennsylvania Senate, Republicans, Committee, House, ” Locations: Pennsylvania, Alaska, Iowa, Texas, Maine, Idaho, Ohio

House Republicans’ razor-thin victory was propelled by Trump’s decisive win over Vice President Kamala Harris in both the Electoral College and the popular vote. So far, Republicans have captured the 218 seats needed to secure the majority to Democrats’ 208 seats. Last week, Republicans flipped three Democratic Senate seats to win control of the upper chamber. They were among the 18 GOP House districts that President Joe Biden carried in 2020. Democratic challenger George Whitesides also ousted vulnerable GOP Rep. Mike Garcia in Southern California.

Persons: Donald Trump, House Republicans ’, Trump’s, Kamala Harris, Hakeem Jeffries, Mike Johnson, Brandon Williams, Anthony D’Esposito, Marc Molinaro, Joe Biden, George Whitesides, Mike Garcia, Rob Bresnahan, Matt Cartwright, Trump, Ryan Mackenzie, Susan Wild, Scott Perry, Janelle Stelson, Perry, Elissa Slotkin, Gabe Evans, Yadira Caraveo, Sen, Lindsey Graham, It’s, Johnson, Elise Stefanik, Mike Waltz, Kevin McCarthy of, —, Steve Scalise, Tom Emmer, ” Johnson, “, ” Organizations: WASHINGTON, NBC News, Republican, Trump, House Republicans, Electoral College, Democrats, Republicans, ’, Democratic, GOP, Keystone State, Freedom, Democratic Rep, Affordable, New, New York Republican, White Locations: Washington, America, New York, Syracuse, Long, Hudson, Southern California, battlegrounds, Pennsylvania, Michigan, Keystone, Allentown, Harrisburg, Denver, Florida, Kevin McCarthy of California, Louisiana, Minnesota

☆ Why the Chiefs love Steve Spagnuolo: Exotic blitzes, tough love and home cooking
▼ + stars: | 2024-11-13 | by ( Dan Pompei | ) www.nytimes.com time to read: +14 min

— Before dawn on a fall Friday, Steve Spagnuolo enters the Kansas City Chiefs facility with a large aluminum pan. “He was,” Spagnuolo says, “a man of character.”AdvertisementEgsegian and Spagnuolo had long talks on bleacher benches after practices. Steve and Maria Spagnuolo make Chiefs defenders feel like family. “Steve loves the fellas and likes to show them.”They bring Greek food to Chiefs defensive end George Karlaftis, a native of Athens. Jones has called Spagnuolo a father figure, as have Reid, Sneed and others.

Persons: Steve Spagnuolo, Maria, Price, Steve, Spagnuolo, Richard Egsegian, Egsesian, ” Spagnuolo, “, Egsegian, Andy Reid, Reid, Jim Johnson, Les Frazier, Maria Spagnuolo, Dan Pompei, Michael Strahan, ” Strahan, Tom Brady, “ He’s, ” Brady, ”, Kevin Demoff, ” Demoff, “ I’ve, Jeffrey, Crissy, Quintin Mikell, Spagnoulo, Mikell, Angelina Damiani, Jesus, ” Maria, “ Steve, George Karlaftis, ” Karlaftis, L’Jarius Sneed, don’t, Chris Jones, Jones, Justin Reid, Nick Bolton, Sneed, Bryan Cook, he’s, Strahan, ” Sneed, ‘, ’, Cook, ” Cook, meekly, He’ll, ” Jones, Sean Payton, Will, Patrick Mahomes, Tony Baker, Baker, “ crams, Tershawn Wharton, Cram, Dan Goldfarb, Kevin C, Cox Organizations: KANSAS CITY, Kansas City Chiefs, Chiefs, Aldi, NFL, Coaches, Grafton High School, Volkswagen, University of Massachusetts, Patriots, Springfield College, World League, Eagles, Giants, Spagnuolo’s Giants, Fox, Louis Rams ’, Rams, Los Angeles Rams, Titans, Pro Football Hall of Fame, America, “ Fox NFL, Bowl, Kansas City, Nguyen, Saints Locations: KANSAS, Mo, Cosentino’s, Grafton , Mass, Spagnuolo, Philadelphia, West Philly, Athens, Cook’s, Cook, Kansas, Maria

☆ Startups are ready to thrive under Trump, but some uncertainty remains in a key corner of the space
▼ + stars: | 2024-11-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . What's on deck:Markets: The Wall Streeters advising Trump's transition team on key economic appointments . But regulators launched investigations and filed lawsuits against Big Tech during Trump's first term. News briefTop headlinesAdvertisement3 things in marketsChip Somodevilla/Getty Images; Getty; Rebecca Zisser/BIWho Trump is turning to on Wall Street for advice.

Persons: —, Drew Brees, Donald Trump's, Elon, Jenny Chang, Rodriguez, Donald Trump, Elon Musk, Trump, Samantha Stokes, Riddhi Kanetkar, Helen Li, Biden, Lina Khan's, Money, Chip Somodevilla, Meta's Mark Zuckerberg, JD Vance, Khan, Zuckerberg, Amazon's Jeff Bezos, OpenAI's Sam Altman, Somodevilla, Rebecca Zisser, Cantor Fitzgerald, Howard Lutnick, Marc Rowan, Blackstone, Steve Schwarzman, Charles Schwab, Herb Sutter, Ken Griffin's, Sutter, he's, Jordan Strauss, Elon Musk's, Reddit, Lebaredian, Chelsea Jia Feng, Kamala Harris, it's, Dan DeFrancesco, Grace Lett, Hallam Bullock, Ella Hopkins, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Super Bowl, Tech, Trump, Microsoft, Nvidia, Big Tech, Wall, Citadel Securities, White, BI, Google, Veterans, World Meteorological Organization Locations: States, Anthropic, Reddit's, New York City, State, Azerbaijan, New York, Chicago, London

☆ The 2024 presidential election may come down to swing states' results. Here's where Trump and Harris lead in the polls.
▼ + stars: | 2024-11-05 | by ( John L. Dorman | Kelsey Vlamis | ) www.businessinsider.com time to read: +15 min

Georgia2012 margin: Romney +7.8%Advertisement2016 margin: Trump +5.1%2020 margin: Biden +0.2%Related storiesFor decades, Republicans could easily depend on the Peach State's electoral votes falling into their column. Two years later, Biden won Georgia by roughly 12,000 votes over Trump, followed by the dual 2021 runoff victories of Sens. Pennsylvania2012 margin: Obama +5.4%2016 margin: Trump +0.7%2020 margin: Biden +1.2%AdvertisementBiden's hometown of Scranton is dear to his heart so Pennsylvania was always going to be a key state for the party in 2024. Wisconsin2012 margin: Obama +6.9%2016 margin: Trump +0.8%Advertisement2020 margin: Biden +0.6%Wisconsin is one of the most politically divided states in the country. But Trump flipped Wisconsin to the GOP in 2016, the first time it had supported a Republican presidential nominee since 1984.

Persons: Kamala Harris, Donald Trump, —, Joe Biden, Harris, Kevin McCarthy of, Mike Johnson of, suburbanites, Roe, Wade, Trump, Bill Clinton, Kansas Sen, Bob Dole, Barry Goldwater, Mitt Romney, Barack Obama, Hillary Clinton, Biden, Katie Hobbs, MAGA, Kari Lake, Sen, Mark Kelly, Republican Blake Masters, Adrian Fontes, Hobbs, Mark Finchem, Ruben Gallego, Stacey Abrams —, Georgia —, Abrams, Sens, Raphael Warnock, Jon Ossoff, Kelly Loeffler, David Perdue, midterms, Warnock, Republican Herschel Walker, Walker, Brian Kemp, Gretchen Whitmer, Dana Nessel, Jocelyn Benson, Obama, Clinton, Clark County Sheriff Joe Lombardo, Steve Sisolak, reelecting Sen, Catherine Cortez Masto, Adam Laxalt, — Dina Titus, Steven Horsford, Susie Lee —, Arizona GOP Sen, John McCain, Josh Stein, Mark Robinson, Roy Cooper, Gov, John Fetterman, GOP Sen, Pat Toomey, Josh Shapiro, Tom Wolf, Al Gore, John Kerry eked, Tony Evers, Scott Walker —, Tammy Baldwin, Evers, Tim Michels, Ron Johnson, Mandela Barnes Organizations: Swing, Sun, Service, Democratic, Republican, House, Republicans, State, Massachusetts Gov, Trump, Democratic Rep, GOP, Republican Party, Georgia, Gov, Michigan, Silver State, Democratic Gov, North Carolina, Arizona GOP, Romney, Democrats, Senate, Badger State Locations: Midwest, Florida, Ohio, Pennsylvania, Wisconsin, Arizona, Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Israel, Kevin McCarthy of California, Mike Johnson of Louisiana, Kansas, Massachusetts, Ruben Gallego . Georgia, Atlanta, Detroit, Gaza, Nevada, Silver, Clark, Clark County, North Carolina, North, Roy Cooper . Pennsylvania, Scranton, Philadelphia, Allegheny County, Pittsburgh

☆ Dennoriss Richardson: FBI investigating death of Black man found hanging in Alabama
▼ + stars: | 2024-11-02 | by ( Associated Press | ) edition.cnn.com time to read: +8 min

Widespread skepticism about Richardson’s death underscores deep-seated distrust of local law enforcement in Colbert County. A spokesperson for the FBI’s field office in Birmingham confirmed the FBI is aware of Dennoriss Richardson’s death and is reviewing the allegations of criminal misconduct. Marvin Long, a 57-year-old Black man and lifelong Colbert County resident, knew Dennoriss Richardson’s family well growing up. He shares the skepticism about the suicide ruling and said Richardson’s death has intensified his fear of retaliation. Dennoriss Richardson pleaded guilty to drug possession in 2006 and was sentenced to five years in prison.

Persons: Dennoriss Richardson, Leigh Richardson, didn’t, Sheriff Eric Balentine, ” Balentine, Dennoriss, Tori Bailey, Bailey, ” Bailey, Marvin Long, ” Long, “ I’m, Long, Richardson, Roderick Van Daniel, ” Van Daniel, ”, Balentine, “, ” Richardson, Sheffield Mayor Steve Stanley, Stanley, ” Stanley, Richardson’s, Van Daniel, Richardson “ Organizations: Alabama AP, FBI, Sheriff’s, Sheriff, NAACP, Equal, Initiative, Sheffield Police, “, Sheffield, The Sheffield Police Department, Sheffield Mayor, Sheffield Police Department, International Association for Suicide Prevention, Befrienders Locations: Montgomery, Alabama, Colbert County, Sheffield, Tennessee, The Colbert, Birmingham, Colbert

☆ DJT shares implode right before the election, losing Trump $2.4 billion in net worth
▼ + stars: | 2024-11-01 | by ( Matt Egan | David Goldman | ) edition.cnn.com time to read: +3 min

CNN —Former President Donald Trump’s social media stock is plunging just ahead of the election, cutting deeply into his net worth. Truth Social owner Trump Media & Technology Group’s share price plunged another 9% on Friday after tumbling 12% Thursday and 22% Wednesday — Trump Media’s worst one-day loss since going public in March. Trump Media’s shares, which trade under the ticker “DJT,” have become a proxy for how traders think the presidential election will turn out. Trump Media did not release any major news that would explain the nosedive. The enormous gains boosted Trump Media’s value to $10.3 billion as of Tuesday’s close.

Persons: Donald Trump’s, —, Trump, Kamala Harris, ”, Steve Sosnick, ” Sosnick, George Kailas, he’s, ” Kailas, … Organizations: CNN, Truth Social, Trump Media & Technology, Trump, Trump Media’s, Interactive Brokers, Trump Media, ” Trump, Elon Musk, Similarweb, CBS, Paramount Global

“We have to reduce spending to live within our means,” Musk said. That gives Musk’s frankness about reductions — and his track record of making large, painful cuts at his own companies — added weight. The Trump campaign didn’t immediately comment but has previously said that the GOP agenda wouldn’t cause short-term economic hardship. There’s some skepticism on Wall Street that a new Trump administration could implement spending cuts on the scale Musk has proposed. “They’re both indicating they intend to maintain substantial deficits and elevated government spending, certainly compared with the strength of the economy,” Elliott said.

Persons: Donald Trump’s, Elon Musk, ” Musk, Trump, Musk, “, ”, didn’t, Kamala’s, Geoff Orazem, Bob Elliott, ” Elliott, Steve Sosnick Organizations: Republican, GOP, SpaceX, Trump, Social Security, Trump’s, CNBC, FedScout, Funds, Interactive Locations: U.S, Trump, “

☆ Betting on the election is the hottest new trend. But can prediction markets keep the momentum going?
▼ + stars: | 2024-10-30 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

The big storyPresidential betsChris duMond; Chip Somodevilla/Getty Images; Jenny Chang-Rodriguez/BIWe're less than a week from election day, but one group can already claim victory: betting markets. Kalshi's legal victory in October over the CFTC to offer election betting paved the way for the trend. iStock; Rebecca Zisser/BIThe betting market's biggest tests might come after the election. Betting markets have Trump as a heavy favorite, whereas traditional polls indicate a tight race. AdvertisementShould Trump win in a landslide, it could strengthen the case for using betting markets as a key tool for election analysis.

Persons: —, Chris duMond, Chip Somodevilla, Jenny Chang, Rodriguez, Matthew Fox, Donald Trump, Polymarket, iStock, Rebecca Zisser, Nate Silver, Tesla, Zuckerberg, Citadel's, Justin Lubell, Lubell, Steve Schwarzman, Ken Griffin, Trump, Tyler Le, Harris, Sundar Pichai, Elon Musk, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi Organizations: Business, Service, Apple, CFTC, Trump, TikTok, Meta Connect, Meta, Bank of America, Blackstone, Republican, Amazon, AWS, Five Apple Intelligence, Google, The Washington Post, Street, Microsoft, Starbucks Locations: French, New York, London

☆ Steve Schwarzman says Trump would be an 'efficient and effective' president this time — and Ken Griffin thinks he'll win
▼ + stars: | 2024-10-29 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

Blackstone CEO Steve Schwarzman said he thinks Trump would make a better president the second time around. He's uncertain about the election result, though Citadel's Ken Griffin said he expects Trump to win. AdvertisementSteve Schwarzman said he thinks Donald Trump would be more "efficient and effective" if he wins next week's election. Citadel founder and CEO Ken Griffin, who was also on the panel, was more assured of the election's outcome. Citadel founder Ken Griffin expects Donald Trump to win the 2024 election.

Persons: Steve Schwarzman, Trump, Ken Griffin, —, Donald Trump, Schwarzman, Mike Blake, Griffin, Alan Murray Organizations: Saudi Arabia's Future Investment, Service, Blackstone, Future Investment Initiative, Saudi, Republican, Bloomberg, Citadel, White Locations: Davos

Donald Trump has more than just the presidency on the line Nov. 5 — the outcome of his various legal troubles hinges on the election, as well. The “witch hunts against President Trump have imploded” and “should all be dismissed in light of the Supreme Court’s historic decision on immunity and other vital jurisprudence,” Cheung said in a statement. Hush money caseWin or lose, Trump’s biggest immediate challenge after the election is his potential sentencing on 34 felony counts of falsifying business records in New York. Federal election interference caseIf Trump loses, special counsel Jack Smith’s election interference case is also on the horizon. Similar to the criminal cases, Trump has argued that his actions were protected by presidential immunity.

Persons: Donald Trump, Kamala Harris, he’s, ”, Chuck Rosenberg, Trump, Steven Cheung, ” Cheung, Juan Merchan, Merchan, Rosenberg, Jack Smith’s, Smith, Hugh Hewitt, “, ” Trump, don’t, Fani Willis, Scott McAfee, Willis, McAfee, Steve Sadow, ” Sadow, Barbara McQuade, Aileen Cannon, Jean Carroll, general’s, Carroll, ” McQuade, ‘, they’d, Clinton, McQuade, Paula Jones, Bill Clinton Organizations: Trump, NBC, Republican, New, NBC News, Department, Justice Department, Fulton, Fulton County, White, Division, U.S . Capitol Locations: New York, United States, Georgia, Fulton County, Fulton, U.S, New

☆ 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

☆ Wall Street braces for a Trump or Harris presidency. Here's what that means for your portfolio.
▼ + stars: | 2024-10-28 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, the first of our five-part refresher series on the potential impact Donald Trump and Kamala Harris presidencies could have on US consumers. Business Insider's Matthew Fox detailed how Wall Street sees former President Donald Trump and Vice President Kamala Harris affecting the investment landscape if they win the White House. One of the biggest areas where Harris and Trump differ is their proposed tax policies, which are believed to have big impacts on stocks. AdvertisementTrump's universal tariffs proposal is also viewed as having a big impact. It's a big week for Apple.

Persons: —, Donald Trump, Kamala Harris, Jenny Chang, Rodriguez, Matthew Fox, Harris, Trump, it's, Alyssa Powell, Joe Biden, Steve Sosnick, Neil Dutta, Goldman Sachs, Morgan Stanley, Rebecca Zisser, Elon Musk, James Yates, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Grace Lett, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Getty, BI, White, Bank of America, Interactive Brokers, JPMorgan, Twitter, Elon, Apple, Apple Intelligence, iOS, Venture, Ford Motors, MLB, LA Dodgers, New York Yankees, Forbes Locations: It's, New York, London, Chicago

WASHINGTON — As Speaker Mike Johnson marks one year on the job Friday, he’s fighting hard to preserve House Republicans’ razor-thin majority — and his speakership. I’m going to be the speaker of the House,” Johnson said in a recent sit-down interview with NBC News at a campaign stop in Hellertown, Pennsylvania. "It's going to be a free-for-all" if Republicans lose the House and Trump loses the White House, a third House GOP lawmaker added. 2 GOP leader, Scalise also has not spoken publicly about what he’d run for in the minority. House Majority Leader Steve Scalise, R-La., is expected to run for minority leader if Republicans lose the House.

Persons: Mike Johnson, Republicans ’, Johnson, Johnson —, ”, Nancy Pelosi, Johnson’s, Steve Scalise, Jim Jordan, hasn’t, “, I’m, ” Johnson, Al Drago, Tom Emmer, Elise Stefanik, eyeing, Donald Trump, Jordan, They’ve, Scalise, John James, Tom Barrett, Joe McGraw of, “ Jordan, Kevin McCarthy’s, Emmer, —, Republicans —, Tom Williams, Trump, Republicans eke, “ He’s, Thomas Massie, Paul Gosar, Marjorie Taylor Greene, Scott Perry, Perry wouldn’t, ” Perry, Mike, he’s, David Valadao, ” Valadao, Patrick McHenry, McCarthy, Derrick Van Orden, ” Van Orden Organizations: WASHINGTON, Republicans, Louisiana Republican, GOP, Republican, NBC News, Trump, Bloomberg, Getty, National Republican Congressional, Joe McGraw of Illinois, Inc, Capitol Hill, FISA, Freedom Caucus, Intelligence, Democratic, Washington , D.C, Wisconsin GOP Locations: Louisiana, Ohio, Hellertown , Pennsylvania, Pacific Northwest, Washington, Michigan , Illinois, Minnesota, Michigan, Jordan, Israel, Ukraine, Ky, Trump, Perry’s, Washington ,, R, Wisconsin

☆ Clippers open Intuit Dome with The Wall! and opposing fans are already testing the rules
▼ + stars: | 2024-10-24 | by ( Fred Katz | ) www.nytimes.com time to read: +6 min

His friend, a Clippers fan, had invited him to opening night. is a place by Clippers fans and for Clippers fans. Within moments, he was out, the first fan in Clippers history asked to leave The Wall. on Wednesday, and it wasn’t Chris, Steve, Ashley or any other adult who attended the overtime thriller. “That one,” the guard said, “I had to let go.”(Photo of Clippers owner Steve Ballmer: Ronald Cortes / Getty Images)

Persons: Chris, Steve, Chuck the Condor, Kevin Durant, Corey Maggette, Durant, ”, Yolanda, Ashley, Sharon, ” Sharon, “, —, Kirby Lee, Leonard, Devin Booker, couldn’t, Steve Ballmer, Ronald Cortes Organizations: LA Clippers, Los Angeles, Clippers, Phoenix Suns, NBA, Intuit, Steve Ballmer University, The Clippers, Suns, Intuit Dome, Wednesday’s Suns, Getty Locations: INGLEWOOD, Calif, Phoenix

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