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A mid-October poll by The Associated Press measured which of the two candidates voters trust on a variety of economic issues. Harris’ campaign declined to say where she wants to set the federal minimum wage, which is currently $7.25 per hour. Former President Donald Trump answers questions as he works the drive-thru line at a McDonald's on Oct. 20 in Feasterville-Trevose, Pa. “Donald Trump is running on a middle-class tax hike, Kamala Harris is running on a middle-class tax cut,” Harris campaign spokesperson James Singer said. “Working families like rank-and-file Teamsters overwhelmingly support President Trump because only he will Make America Wealthy, Strong, and Great Again.”
Persons: Donald Trump’s, Kamala Harris, Harris, Trump, , Kent Smetters, Sen, Chris Caldwell, Harris ’, Smetters, , hasn’t, Joe Biden, Donald Trump, Win McNamee, “ Donald Trump, ” Harris, James Singer, , Anna Kelly Organizations: Biden, Tufts University, Trump, University of Pennsylvania’s Wharton School, Daily, Wharton, Democratic, The Associated Press, Voters, Bureau of Labor Statistics, Economic, Institute, Republican National, Teamsters, America Locations: Pennsylvania, McDonald’s, Las Vegas, U.S, Arizona, Feasterville, Pa, China, Communist
Vice President Kamala Harris and top Democrats are seizing on the Republican nominee’s bizarre antics to inject new urgency and a sharper focus into her campaign. Democrats are suggesting that he is “unstable” and showing cognitive decline, using the same critique he once used against President Joe Biden. The Harris campaign, for example, immediately highlighted the 78-year-old Trump saying on Sunday that he’s “not that close to 80” when calling for cognitive tests. His alarming behavior may look to some like a candidacy melting down when the pressure is at its most extreme. With polls deadlocked, Trump’s behavior hasn’t yet disqualified him.
Persons: Donald Trump’s, Kamala Harris, Joe Biden, Harris, Trump, Arnold Palmer’s, , Mike Johnson, Read Organizations: CNN’s Locations: , CNN’s “ State
Stoianoglo has said that, if elected, he would build a “balanced” foreign policy involving ties with the EU, the United States, Russia and China. In the run-up to Sunday’s referendum, polls had shown clear majority support for joining the EU. A “yes” result means a clause will be added to the constitution defining EU accession as a goal. The EU leapt to Sandu’s defence, saying Moldova had faced “really unprecedented intimidation and foreign interference by Russia and its proxies ahead of this vote”. The tight referendum result could put Sandu in a weaker position going into the second round since she has championed EU integration.
Persons: Maia Sandu, Sandu, Alexandr Stoianoglo, Stoianoglo, Daniel Mihailescu, , , Ilan Shor, Sandu’s, Shor, Valeriu Pasha, Organizations: EU, Getty, Kremlin, Sandu, Moldovan, , Facebook Locations: Soviet, Russia, United States, China, Moldovan, Chisinau, AFP, Ukraine, Transdniestria, Moldova, Moscow, Sunday’s
New York CNN —McDonald’s has been thrust into in the 2024 election, gaining particular attention over the weekend when former President Donald Trump served fries at a Feasterville-Trevose, Pennsylvania, location. Although franchise owners have to abide by certain guidelines in their agreements with the parent company, they are free to invite political candidates to serve fries without McDonald’s buy-in. We are not red or blue – we are golden.”The letter was signed by McDonald’s President Joe Erlinger. Still, some McDonald’s customers and employees spoke out against the company after Trump’s visit, criticizing McDonald’s for allowing the Republican presidential candidate to campaign at a restaurant. “He was proud to highlight how he and his team serve their local community and make delicious food, like our World-Famous French Fries,” the company said.
Persons: New York CNN — McDonald’s, Donald Trump, McDonald’s, Trump, we’ve, , Joe Erlinger, Harris, Derek Giacomantonio, Giacomantonio, Fries, Organizations: New, New York CNN, CNN, McDonald’s, Howard University, Republican, Starbucks Locations: New York, Trevose , Pennsylvania, Washington, Israel
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNew labor deal won't change Boeing's financials tremendously, says Bernstein's Doug HarnedDoug Harned, Bernstein aerospace and defense senior analyst, joins 'Squawk Box' to discuss news of Boeing reaching a tentative deal with the machinist's union, impact of the strike on the company, the challenges facing CEO Kelly Ortberg, and more.
Persons: Doug Harned Doug Harned, Bernstein, Kelly Ortberg Organizations: Boeing
Harris looks to ‘paint a picture’ for undecided votersSuburban moderates are far from the only group Harris’ campaign is targeting in the race’s closing days. As the Harris campaign tries to make inroads with men, podcasts like Joe Rogan’s are still under consideration, a source familiar with the matter said. “No matter your party, no matter who you voted for last time, there is a place for you in this campaign,” Harris said last week. She appealed to moderate voters and women in their 2024 primary — including many of the same voters Harris’ campaign is targeting in the race’s late stages. Trump’s campaign has been touting Haley’s endorsement in battleground states.
Persons: Kamala Harris, Liz Cheney, Harris, Donald Trump, , Nikki Haley, Trump, Haley, , Adam Kinzinger, “ It’s, Cheney, Sarah Longwell, Charlie Sykes, Ohio Sen, JD Vance, ” Vance, Joe Rogan’s, “ We’re, ” Harris, David Plouffe, Donald Trump —, Joe Biden’s, Trump’s, Biden, ” Trump, , ” “, ” Haley, he’d, Alabama Sen, Katie Britt, Roe, Progressives shrug, Harris ’, Dick Cheney’s, , Vermont Sen, Bernie Sanders, Leah Greenberg, Kamala, ” Greenberg, ” CNN’s Daniel Strauss, Priscilla Alvarez, Gregory Krieg, Kristen Holmes, Alayna Treene, Steve Contorno, Kit Maher Organizations: CNN, Republicans, Wyoming, South Carolina Gov, Illinois Rep, Republican, Trump, Democratic, White House, Suburban, Black, , Republican National Convention, Fox News, Alabama, Progressives, Union, House Locations: Michigan , Pennsylvania, Wisconsin, Pennsylvania, Chester County , Pennsylvania, Oakland County , Michigan, Waukesha County , Wisconsin, Wyoming, , Georgia, Puerto Rican, Arizona, Nevada, Washington Crossing , Pennsylvania, Bucks County, Philadelphia, Milwaukee, Green Bay , Wisconsin, America, Iraq, Vermont, “ State
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNew company culture at Boeing will take time, says Eric DezenhallEric Dezenhall, Dezenhall Resources chairman, joins 'Squawk Box' to discuss news of Boeing reaching a tentative contract proposal with the machinists' union, corporate fallout from the strike, the challenges facing CEO Kelly Ortberg, and more.
Persons: Eric Dezenhall Eric Dezenhall, Kelly Ortberg Organizations: Boeing, Dezenhall
CNN —Moldova’s crucial referendum on joining the European Union is too close to call, partial results showed Monday, as President Maia Sandu condemned an “unprecedented assault” on the country’s democracy. With just over 1.4% of ballots still to be counted, 50.2% had voted “yes” in the referendum, according to the country’s Central Election Commission. The tight margin would come as a blow to Sandu, who had been hoping for a clear endorsement of the pro-EU path she has charted during her first presidential term. Vadim Ghirda/APCNN reported last week on the efforts of a Kremlin-linked network, spearheaded by the exiled Moldovan oligarch Ilan Shor, to buy votes in Moldova, aiming to sway the results of the EU referendum. If other pro-Russian parties and voters throw their support behind Stoianoglo, the November 3 run-off could be extremely tight.
Persons: CNN —, Maia Sandu, Sandu, ” Sandu, Vadim Ghirda, Ilan Shor, Shor, Alexandr Stoianoglo – Organizations: CNN, European, Commission, EU, Moldovan, AP CNN, Russian Party of Socialists Locations: European Union, Soviet, Hrusevo, Moldova
European markets are heading toward a mixed start to the new trading week. The U.K.'s FTSE 100 index is expected to open 17 points higher at 8,373, Germany's DAX down 12 points at 19,644, France's CAC up 1 point at 7,611 and Italy's FTSE MIB up 55 points at 35,087, according to data from IG. Regional markets had ended last week on a high note after the European Central Bank announced its third interest rate cut of the year last Thursday, lowering the deposit rate by another 25 basis points, as inflation risks in the European Union are seen to be easing faster than anticipated. Overnight, Asia-Pacific markets were mixed as traders assessed China's loan prime rate announcement, with focus also on Japan's general election at the end of this week. Stateside, stock futures ticked higher Sunday night after the Dow Jones Industrial Average and S&P 500 notched their best weekly win streaks of 2024.
Persons: Germany's DAX Organizations: France's CAC, IG, Regional, European Central Bank, Dow Jones Industrial Locations: European Union, Asia, Pacific
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're in the 7th round of the return to office prize fight, says Korn Ferry's Alan GuarinoAlan Guarino, Korn Ferry vice chairman of CEO and board services practice, joins 'Squawk Box' to discuss Boeing's new contract proposal with the machinist's union, the state of labor, return to office trends, future of hybrid or remote work, and more.
Persons: Korn, Alan Guarino Alan Guarino Organizations: Korn Ferry
Kyiv, Ukraine CNN —Secretary of Defense Lloyd Austin arrived in Kyiv early Monday morning, as the future of US aid to Ukraine hangs in the balance of the imminent US presidential election and as Russia continues to make small but steady gains on the battlefield. “It’s been absolutely remarkable that Ukraine has been able to do what it’s done,” Austin told reporters. Ukraine has prevented Russian President Vladimir Putin from achieving “one single strategic objective” during the war, Austin said Sunday. China also continues to be a “critical enabler” of Russia’s war effort, the NATO official said. Ukraine has more sophisticated weaponry thanks to the West, which could give the country a strategic edge, the defense official said.
Persons: Defense Lloyd Austin, Volodymyr Zelensky, Rustem Umerov, Biden, Austin, “ It’s, ” Austin, we’ve, Donald Trump, , Trump, Zelensky, , ” Zelensky, Vladimir Putin Organizations: Ukraine CNN —, Defense, CNN, Ukraine Defense, European Union, Pentagon, Capitol, Ukraine, NATO, Russia Locations: Kyiv, Ukraine, Russia, Austin, , Europe, Russian, Iran, North Korea, China, Moscow
Investors might consider Treasury bills over CDs for better liquidity and tax benefits: Jason BrowneTreasury bills offer higher yields in some cases and are exempt from state taxes. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Another reason is that Treasurys are exempt from state taxes, which vary, while CDs are not. Perhaps a third reason, depending on where you bank, is that in many cases the shortest duration Treasurys are paying better rates than CDs. Yields on 3-month bills are 4.6%, and while some banks are offering similar or slightly higher rates still, many have much less attractive yields.
Persons: Jason Browne, Browne, , DepositAccounts Organizations: Service, Alexis Investment Partners, LendingTree, Fed
Currently, the jobless in North Carolina can only receive up to 12 weeks of state unemployment benefits, among the skimpiest in the nation. (Applicants must first exhaust their state unemployment benefits.) Plus, disaster jobless benefits are available to many types of workers who don’t qualify for state unemployment insurance, such as gig workers, farmers and the self-employed. Still, it can be difficult for the newly jobless to secure either state or disaster unemployment benefits, particularly those whose homes and businesses have been heavily damaged or destroyed by storms. It took Miranda Escalante five days to apply for unemployment assistance.
Persons: Jen Hampton, Helene, Asheville’s, Hampton, we’re, , “ We’re, ” Michele Evermore, Roy Cooper, Miranda Escalante, Hurricane Helene, Escalante, Alex Smith, we’ll, ” Escalante, Evermore, — Asheville’s, Organizations: CNN, Asheville Food, Beverage United, , Unemployment, The Century Foundation, state’s, Employment Security, Gov, Emergency Management Agency, Center, Budget, US Bureau of Labor Statistics, Asheville Locations: North Carolina, , Florida, Georgia, North Carolina’s, Asheville
The vast majority of Europeans support the use of artificial intelligence for police and military operations, according to a new report by Madrid's IE University shared with CNBC. "European Tech Insights," which measured the attitudes of over 3,000 people in Europe, found that 75% support the use of AI technologies such as facial recognition and biometric data by the police and military for surveillance purposes. The extent of the support is perhaps surprising, as Europe holds some of the strictest data privacy regulations in the world. The level of support for the use of AI in public service tasks, such as traffic optimization, was even higher, according to the report, coming in at 79%. However, when it comes to sensitive matters, like parole decisions, most Europeans (64%) oppose the use of AI.
Persons: Ikhlaq Sidhu Organizations: Madrid's IE, CNBC, Tech, European Union, Data, of Science, Technology Locations: Europe
Check out the companies making headlines in midday trading: Boeing — The stock climbed 3%. Cigna — The insurer's stock slid more than 4% after Bloomberg reported, citing people familiar with the matter, that Cigna has reignited merger discussions with Humana. AppLovin — The application technology stock jumped 8% on the back of a major price target hike from Bank of America. Atlantic Union Bankshares — The holding company for Atlantic Union Bank pulled back more than 5% after third-quarter net interest income missed analysts' estimates. Atlantic Union reported net interest income of $186.8 million, while analysts polled by FactSet were looking for $195.0 million.
Persons: Warby Parker, Goldman Sachs, Cigna, AppLovin, Bernstein, FactSet, Johnson, , Samantha Subin, Michelle Fox, Alex Harring, Sean Conlon Organizations: Boeing, Bloomberg, Humana, United Parcel Service, Barclays, Bank of America, Southwest Airlines —, CNBC, Elliott Investment Management, ASML Holdings, Atlantic, Atlantic Union Bank, Atlantic Union, Johnson Locations: Bank
Humana , Cigna – Shares of both companies moved in opposite directions after Bloomberg, citing people familiar with the matter, reported that Cigna resumed merger talks with Humana. Humana gained more than 4% while Cigna fell a similar amount. UPS – Shares fell nearly 2% after a downgrade to underweight from equal weight at Barclays. Southwest Airlines – Shares dipped more than 1% before the market open. ASML – Shares fell more than 1% after Bernstein lowered its price target on the Dutch semiconductor equipment stock.
Persons: Johnson, Warby Parker, Goldman Sachs, Goldman, Cigna, Humana, Bernstein, , Alex Harring, Samantha Subin, Jesse Pound, Hakyung Kim, Michelle Fox Theobald Organizations: Wall Street Journal, Johnson, Boeing, Bloomberg, Humana, , Barclays, Amazon, Southwest Airlines, Elliott Investment Management, CNBC Locations:
CNBC Daily Open: Everyone’s watching Netflix shares
  + stars: | 2024-10-21 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. That's the longest streak this year for the S&P 500 and Dow Jones Industrial Average , both of which hit record highs. Watching Netflix sharesNetflix shares popped 11% on Friday, a day after the company reported third-quarter results that beat earnings, revenue and paid membership estimates. For investors looking to secure a steady stream of income still, Morgan Stanley recommends considering dividend income stocks, and picks 10 dividend stocks from Asia-Pacific, excluding Japan, for its "conviction list."
Persons: Pan Gongsheng, Morgan Stanley Organizations: CNBC, Dow Jones, CSI, People's Bank of, Netflix, Boeing Locations: Asia, Pacific, People's Bank of China, Japan
Boeing, machinist union reach tentative deal to end strike
  + stars: | 2024-10-21 | 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 EmailBoeing, machinist union reach tentative deal to end strikeCNBC's Phil Lebeau joins 'Squawk on the Street' to report on the latest proposal to end the Boeing machinist worker strike.
Persons: Phil Lebeau Organizations: Boeing
Moldovan citizens living in Moscow are seen queuing to vote at a polling station during the 2024 Moldovan elections in Moscow, Russia on October 20, 2024. Moldovans headed to the polls on Sunday for a presidential election and a referendum on EU membership with the votes being held under the shadow of the ongoing struggle between the West and Russia over Moldova. Moldova's political destiny was hanging in the balance on Monday after key votes on whether to embrace a future with Europe, or to remain within Russia's orbit. Since the breakup of the Soviet Union in 1991, it has seesawed between pro-Russia and pro-Europe governments, such as President Sandu's current administration. Formal talks on joining the bloc already began in June, but the — non-legally binding — referendum of Sunday was seen as cementing Moldova's pro-EU trajectory.
Persons: Maia Sandu, Alexandr Stoianoglo, Sandu's Organizations: West, European Union, Moldova's, Commission, CNBC, Russia Locations: Moscow, Russia, Moldova, Europe, Soviet, Ukraine, Romania, Soviet Union
CNN —More than 2,000 unionized mental health workers in Southern California went on strike against Kaiser Permanente on Monday after the two sides failed to reach a new labor agreement. The National Union of Healthcare Workers (NUHW) — which represents 19,000 healthcare workers in California and Hawaii, including 4,700 mental health workers — picketed outside Kaiser facilities in Los Angeles, San Diego, Anaheim and Fontana, seeking an increase in salaries, restoration of pensions and increased staffing. Union members on strike in Southern California have said their demands are line in with what Kaiser has provided to the majority of its workforce. Kaiser, one of the nation’s largest non-profit healthcare providers, is required by law to provide mental health services to its members even with the workers on strike. A survey in 2022 from CNN in partnership with the Kaiser Family Foundation showed that nine out of 10 US adults believe the country has a mental health crisis.
Persons: Kaiser, ” Josh Garcia, Organizations: CNN, Kaiser Permanente, National Union of Healthcare Workers, Fontana, Bureau of Labor Statistics, Kaiser Family Foundation Locations: Southern California, California, Hawaii, Kaiser, Los Angeles, San Diego, Anaheim, Northern California
“The media can pick it apart,” Johnson said, “but people are going to vote. “What he’s talking about is marauding gangs,” Johnson said. But when Tapper pushed back, noting that Trump has described Democrats such as Rep. Adam Schiff as the “enemy from within,” Johnson said Trump was not talking about using the military on political opponents. “I did not hear President Trump in that clip say he’s going to sic the military on Adam Schiff. That’s not what he’s saying,” Johnson said.
Persons: Mike Johnson, Donald Trump, CNN’s Jake Tapper, Arnold Palmer, Tapper, Johnson, ” Johnson, Trump, They’re, , Adam Schiff, , That’s Organizations: , Union Locations: Pennsylvania, “ State, Trump,
Adding impetus to their effort is the fact Israeli military strikes are now hitting UN peacekeeping bases in southern Lebanon, which house European troops. European reproach of Israel reached new levels when Israeli military strikes began hitting posts of the UN peacekeeping mission in southern Lebanon. The UN has said Israel’s military has fired on its peacekeepers multiple times in recent weeks, injuring more than a dozen. ‘We have blocked everything’Italy’s Prime Minister Giorgia Meloni also condemned Israel’s actions in Lebanon, including an Israeli military strike that hit a UN peacekeeping base where around 1,100 Italian troops are stationed. In an earlier move that protested Israel’s war in Gaza, Spain, Ireland and Norway formally recognized Palestinian statehood in May.
Persons: CNN —, Benjamin Netanyahu, , ” Hugh Lovatt, Josep Borrell, Ali Moustafa, ” Lovatt, , Biden, It’s, ” Borrell, Lovatt, Israel, Maya Sion, Netanyahu, António Guterres, Emmanuel Macron, “ Netanyahu, Macron, Carl Court, ” Macron, ” Netanyahu, Borrell, Guterres, Giorgia Meloni, ” Meloni, Meloni, Tzidkiyahu, Keir Starmer, of National Security Itamar Ben, Bezalel Smotrich, David Cameron, Ben Gvir, Smotrich, ” Ben Gvir’s, Chancellor Olaf Scholz, Israel “ Organizations: CNN, UN, EU, North Africa, Foreign Relations, Hamas, European Union, Red Crescent, Reuters, UNIFIL, Europe, Agence France, Presse, United Nations Interim Force, AFP, Israel, UK, Stockholm International Peace Research Institute, Foreign Affairs Council, Getty, of National Security, Finance, Sky News, DPA, Nazi Locations: CNN — Israel, Gaza, Lebanon, Israel, East, Berlin, Rafah, Egypt, United States, , Iran, Spain, Ireland, Italy, France, Tzidkiyahu, Jerusalem, Paris, AFP, Marjayoun, Vichy, Stockholm, Germany, United Kingdom, Irish, Sion, Norway, Britain, Lebanese, Khiam, Palestine
His alarming behavior may look to some like a candidacy melting down when the pressure is at its most extreme. With polls deadlocked, Trump’s behavior hasn’t yet disqualified him. And Trump’s voters still regard him as a vessel for their frustration with a political and economic system they believe has poorly served them. Trump’s behavior underscores stakes of deadlocked electionIt will be up to voters to decide how to process Trump’s recent conduct. The Harris campaign, which began as an attempt to spread joy, is now fully exploiting Trump’s rhetorical rampages.
Persons: Donald Trump’s, Kamala Harris, demeans, Trump, Joe Biden, Harris, Arnold Palmer’s, , Mike Johnson, Biden, spokespeople, Al Sharpton, United States …, , Harris ’, Tim Walz, He’s, Barack Obama, Nancy Pelosi, Adam Schiff, Trump’s, Johnson, CNN’s Jake Tapper, Schiff, Pelosi, MediaBuzz ”, ” Schiff, “ We’re, , Palmer, he’s, Walz, Johnson’s, Donald Trump, ” Sen, Lindsey Graham Organizations: CNN, CNN’s, MSNBC, United, Minnesota Gov, Trump, Republicans, National Guard, California Democratic, Justice Department, CBS, Fox News, Economic, of Chicago, Biden, Republican, Trump The, GOP, , Union, South Carolina Republican Locations: , CNN’s “ State, United States, Nebraska, Nevada, , California, “ State, Ohio, Latrobe , Pennsylvania, Pennsylvania
CNN —Millions of Cubans remained without power for a third day in a row Sunday after fresh attempts to restore electricity failed overnightThe Cuban Electrical Union said about 16% of the country had had power restored when the aging energy grid again overloaded late Saturday. Cuba’s first island-wide blackout happened on Friday, when one of the country’s major power plants failed, according to the energy ministry. Hours after officials said power was being slowly restored, the country suffered a second nationwide blackout on Saturday morning. The country’s health minister, José Angel Portal Miranda, said Friday on X that the country’s health facilities were running on generators and that health workers continued to provide vital services. Reuters reporters witnessed two small protests overnight into Sunday, while videos of protests elsewhere in the capital have also surfaced.
Persons: Manuel Marrero Cruz, , Angel, Miranda, CNN’s Mia Alberti, Calderón, Gerardo Lemos Organizations: CNN, Cuban Electrical Union, Cuban Locations: Cuba, Havana, Venezuela, Russia, Mexico
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Persons: APYs, , Cash, we've Organizations: Federal Reserve, Cash Locations:
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