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The company behind the game Cards Against Humanity is aiming to one-up Elon Musk with its plan to pay blue-leaning swing-state residents who make voting plans and agree to publicly condemn Donald Trump. On a website created by the game company, eligible voters are asked to provide their personal information, which is then checked against voter data that the company said it bought from a data broker. Cards Against Humanity is also selling a $7.99 card game expansion pack with cards themed to the election. Cards Against Humanity, a popular card game that features offensive and sexually explicit jokes, has increasingly taken a progressive political stance. The Cards Against Humanity website said it is “exploiting a legal loophole.” It also took aim at Musk directly, writing that registered swing-state voters could participate in his PAC's program and list Cards Against Humanity as their referrer — compelling Musk's PAC to send the company money.

Persons: Elon, Donald Trump, ”, Musk, Richard Hasen, ‘, they’ll, we’ll Organizations: Humanity, company’s, Trump, PAC, UCLA School of, NBC, SpaceX Locations: America, PA, AZ, NC, Texas, U.S, Mexico

☆ Everything our editors bought for Amazon October Prime Day 2024
▼ + stars: | 2024-10-10 | by ( Aksha Mittapalli | Aksha Mittapalli Is An Editorial Intern For Select On Nbc News. She Is A Senior At Nyu | Double Majoring In Journalism | ) www.nbcnews.com time to read: +17 min

Whether we're stocking up on familiar favorites or taking advantage of big discounts, NBC Select editors made good use of Prime Day. Below are all the products we added to our carts this October Prime Day. I never don’t have extra bottles in my apartment and I always like to stock up on it during Prime Day. I always buy basics on Prime Day, so this was a no-brainer to throw in my cart last minute. To round up this list, I asked editors what they bought for Prime Day and why they bought each product.

Persons: – Lindsay Schneider, – Mili, La, I’ve, – Cory Fernandez, bobby pins, – Lauren Swanson, they’re, Mili, Zoe Malin, – Rebecca Rodriguez, – Aksha, – Bianca Alvarez, Ana Luisa, Anker, Aksha, – Ella Morrissey, – Nikki Brown, Rosalie Sparaco, It’s comfy, they’ve, – Ashley Morris, – Zoe Malin, – Jordan Bowman, I’m, TikTok Organizations: NBC, La Roche, Apple, Amazon, July’s, Prime, Facebook, Twitter Locations: Poppi

☆ TD Bank pleads guilty in money laundering case, will pay $3 billion in penalties
▼ + stars: | 2024-10-10 | by ( Dan Mangan | Dan Mangan Is A Reporter Covering Politics For Cnbc.Com. | ) www.nbcnews.com time to read: +6 min

The total assets of TD Bank’s two U.S. banking subsidiaries will be barred from exceeding $434 billion under that restriction. “Today, TD Bank also became the largest bank in U.S. history to plead guilty to Bank Secrecy Act program failures, and the first US bank in history to plead guilty to conspiracy to commit money laundering,” Garland said. “TD Bank chose profits over compliance with the law — a decision that is now costing the bank billions of dollars in penalties. “In August 2021, a TD Bank store manager emailed another store manager and remarked, quote, ‘You guys really need to shut this down. “This settlement lets bad bank executives off the hook for allowing TD Bank to be used as a criminal slush fund.

Persons: ”, General Merrick Garland, ” Garland, “, Garland, David, Lol, ’ ” Garland, ‘, FinCEN, Wally Adeyemo, ” Adeymo, ” Sen, Elizabeth Warren, ” Warren, Bharat Masrani, ” Masrani Organizations: Bank, Department of Justice, TD Bank, Currency, Federal Reserve, “, Washington , D.C, DOJ, Treasury, Enforcement Network, FinCEN, Street, CNBC, of Justice, Consumer Financial, Bureau Locations: U.S, Wells Fargo, Washington ,, Newark , New Jersey, United States, Canada, “

☆ Florida wakes to Milton's destruction and Vegas says goodbye to the Tropicana casino: Morning Rundown
▼ + stars: | 2024-10-10 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +8 min

Hurricane Milton leaves a trail of destruction in Florida. Milton sweeps through Florida after a destructive landfallFlorida communities are waking up to destruction left by Hurricane Milton as the storm tore through the state — the second major hurricane to hit in two weeks. More Hurricane Milton coverage:Milton intensified at one of the fastest rates in recorded history. ➡️ An NBC News poll found Harris and Trump voters see their candidates representing “change” but in very different ways. The iconic Tropicana casino was imploded to make way for a proposed $1.5 billion stadium to house the Oakland Athletics ahead of the team’s planned move to Sin City in 2028.

Persons: Milton, Hurricane Milton, Sheriff Keith Pearson, ” Pearson, “, Tom, Helene, Dan ”, Hurricane Helene, Dow Jones, pare, Nasir Ahman Tawhedi, Tawhedi, Biden, Harris, Donald Trump riled, Kamala Harris, Trump, Marxist ”, ” Trump, “ Somebody, ‘, ”, ➡️ Trump, ➡️ Harris, Glock, Josh Shapiro, Elon Musk, Kari Lake, Ruben Gallego, Maya Huter, — Rich Bellis, you’re, Elizabeth Robinson Organizations: CIA, Las, Hurricane, Field, Tampa Bay Rays, West Palm Beach, Florida National Guard, Hurricane Milton, NBC, Federal, Wall Street, FBI, U.S ., ISIS, Republican, Trump, Harris Former, Marxist, Democratic Party’s, ➡️, Democratic Rep, Arizona Senate, Tropicana, Oakland Athletics, Sin City, Walmart Locations: Florida, An Afghan, Milton, Siesta, St . Petersburg, West Palm, Lucie County, U.S, Tampa, Hurricane, Afghanistan, Scranton , Pennsylvania, Harris, Scranton, Colorado , California , Illinois, New York, Pennsylvania, Arizona, Sin

Ahead of the latest monthly inflation reading, consumers are still coming to terms with the sticker shock of everyday goods and services prices — and lingering uncertainty about the economy. The pace of consumer price growth was expected to have remained largely unchanged in September, according to Dow Jones estimates. Harris has narrowed the gap in some surveys about which presidential candidate would be better on economic issues, but Trump still leads on that metric. Analysts generally agree that’s a sign the economy remains on solid footing, at least according to the data. Today’s inflation numbers could cause Wall Street to pare back expectations of an interest-rate cut at the Federal Reserve’s next meeting in November.

Persons: Dow Jones, Donald Trump, Kamala Harris, Biden, Trump, Harris, —, ”, Bill Dunkelberg Organizations: Democratic, University of Michigan Consumer Survey, Biden, AAA, Federal, National Federation of Independent Locations: November’s, pare

PHOENIX — Republican Kari Lake and Democratic Rep. Ruben Gallego faced off in Arizona’s feisty first and only Senate debate Wednesday evening, trading shots over the border, abortion, tax policy and more. Lake has long made the border a cornerstone of her campaign, chastising Gallego for supporting the Biden-Harris administration’s immigration policies. Gallego, in turn, has made the bipartisan border bill that Trump and Lake opposed a big part of his campaign. “He acts like he cares about us,” Lake said of Gallego, “speaking directly to the women” watching the debate. Talking to the media immediately after the debate, Gallego said: “She needs to be loud, she needs to lie because she’s weak.

Persons: Kari Lake, Ruben Gallego, ” Gallego, Lake’s, “ We’re, Gallego, Lake, Donald Trump, Donald Trump doesn’t, Trump, “, “ Trump, Kamala Harris, Harris, hasn’t, ”, Laken Riley, —, ” “, Sen, Kyrsten Sinema, Democratic Sen, Chris Murphy, GOP Sen, James Lankford, chastising Gallego, Arizonans, ” Lake, it’s, Katie Hobbs Organizations: PHOENIX, Democratic Rep, Progressive Caucus, ”, Lake, Arizona Republicans, Trump, Senate, “, Washington , D.C, NBC, Democratic, GOP, Biden, Border Patrol, UVF Locations: Arizona, Washington ,, Mexico, Georgia, Connecticut, James Lankford of Oklahoma

☆ Xiaohongshu: How ‘China’s Instagram’ is transforming the travel industry
▼ + stars: | 2024-10-10 | by ( Chris Lau | ) edition.cnn.com time to read: +8 min

Hong Kong CNN —Tucked away in a residential neighborhood in the west of Hong Kong, the Kennedy Town Playground’s basketball courts aren’t particularly noteworthy. It’s because the courts, perched on the side of a hilly slope, offer great views of the Hong Kong skyline. Many of them are followers of Xiaohongshu (Little Red Book), China’s answer to Instagram, which has also become their travel bible. The 26-year-old relied solely on Xiaohongshu to navigate Hong Kong with his wife during their recent trip to the city. A woman takes pictures at an iconic Xiaohongshu spot in Hong Kong.

Persons: Hong Kong CNN —, sipping lattes, Xiaohongshu, Hong Kong's, Noemi Cassanelli, CNN Kennedy, Jiao Le, Cassanelli, ” Jiao Le, Jay Chou, ”, Tokyo's, Zhizhao Wu, Giovanni Mereghetti, Mao Zedong, Charlwin Mao, Miranda Qu, it’s, Qian Gua, “, Xia Jiale, Joel Placeres, “ Will, Placeres, Jiao, Hung Organizations: Hong Kong CNN, Kennedy Town, Hong Kong's Kennedy, CNN, CNN Reading, Getty, Kennedy, CNN Travel, Lobos, “ Lobos, Hong Locations: Hong Kong, China, Seoul, Beijing, Asia, Copenhagen, Tivoli, Norrebro, Central, New York, Japan, Kamakura, Tokyo, Denmark, Xiaohongshu, Kennedy Town, Communist China, Shanghai, Luoyang, Europe, London, Paris, Hong, Noemi

☆ Here are Thursday's biggest analyst calls: Nvidia, Microsoft, Netflix, CVS, Honeywell, Nike, AIG, Sunnova & more
▼ + stars: | 2024-10-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +14 min

Barclays upgrades CVS to overweight from equal weight Barclays said the stock is a "new margin story." JPMorgan downgrades Honeywell to neutral from overweight JPMorgan said it's downgrading the stock after 15 years with an overweight rating. UBS upgrades Tronox to buy from neutral UBS said it's bullish on the chemical manufacturer. "We upgrade shares of EVGO from Neutral to Buy, following the $1.05bn DOE loan conditional commitment announced last week. "Our bullish view of AIG reflects its outsized EPS growth, lower exposure to risks facing commercial lines carriers (casualty reserves and higher cat loads), high capital flexibility, and attractive valuation."

Persons: Morgan Stanley, Goldman Sachs, Goldman, it's bullish, Jefferies, TD Cowen downgrades, Cowen, Bernstein, Brinker, Kevin Hochman, Truist, it's, BIRK, Cantor Fitzgerald, Mara, Cantor, MARA, Wolfe, Google's, Satya Nadella, Lucas Jackson Organizations: Nvidia, Netflix, Barclays, JPMorgan, Honeywell, Microsoft, UBS, TD Cowen downgrades Pepsi, U.S, Department of Energy, DOE, RBC, PayPal, Cirrus, Bank of America, underperform Bank of America, Nike, Mara Holdings, AIG, DOJ, Google, Reuters Locations: EVGO, EAT's, LHX, New York City

☆ Delta expects higher earnings in fourth quarter despite lower demand around the election
▼ + stars: | 2024-10-10 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

Delta Air Lines expects to grow earnings in the fourth quarter, thanks to resilient travel demand and strong bookings for year-end holidays. The Atlanta-based carrier on Thursday forecast fourth-quarter adjusted earnings of $1.60 to $1.85 per share, compared with Wall Street estimates of $1.71, according to LSEG, and above the adjusted $1.28 per share it reported a year earlier. Revenue will likely rise between 2% and 4% from a a year earlier, though the carrier warned it expects a 1-point revenue hit from lower demand before and after the Nov. 5 U.S. presidential election. The incident was a $380 million hit to revenue, Delta said. Delta said it still expects its full-year adjusted earnings to come in between $6 to $7 a share, excluding the CrowdStrike impact.

Persons: we've, Ed Bastian, Delta, Bastian, Glen Hauenstein Organizations: Delta Air Lines, Revenue, Delta, Microsoft, CNBC Locations: Atlanta

☆ Fact check: Trump, on a lying spree, made at least 40 separate false claims in two Pennsylvania speeches
▼ + stars: | 2024-10-10 | by ( Daniel Dale | ) edition.cnn.com time to read: +24 min

As Election Day draws nearer, the Republican presidential nominee has made false claim after false claim on a dizzying variety of subjects. FEMA and migrants: Trump falsely claimed of the Federal Emergency Management Agency: “They have no money. Trump’s opponents and the election: In Reading, Trump falsely claimed of his election opponents: “They are cheatin’ dogs, I will tell you that.” In Scranton, he falsely claimed, “Their first meeting is: ‘How do we cheat?’” This is all nonsense. Trump’s border wall: Trump repeated his false claim that “I built over 500 miles of wall” on the southern border. Military equipment surrendered to the Taliban: Trump repeated his false claim that “we gave $85 billion worth” of US military equipment to the Taliban.

Persons: Donald Trump, Hurricane Helene, Hurricane Milton, Trump, “, Harris, Kamala Harris “ didn’t, It’s, Biden, Roy Cooper, Joe Biden, ’, ”, Harris ’, ” Trump, Walz, Tim Walz, –, Tim, “ everybody’s, Trump’s, Obama, Kamala, ” Harris, ” Roberto Briceño, ” Helen Fair, James Ott, ‘, ‘ That’s, Jack Smith, Smith, New York Times “, Charlie Stadtlander, Stadtlander, Mueller, ‘ He’s, ’ …, Dean Baquet, Arthur Sulzberger Jr, Donald Trump’s, “ Biden, Chris Wallace, Hunter Biden, ” Wallace, Wallace interjected, Freddie Mac, ” We’ve, Meghan McCain, McCain, Alexandria Ocasio, Cortez, Nancy Pelosi, there’s, ” Biden, Robert Hur, Biden’s Organizations: Washington CNN, Republican, FEMA, Federal Emergency Management Agency, Congress, North Carolina Gov, Democrat, Democratic, CBS, Supreme, Minnesota Gov, Electoral College, Department of Energy, Biden, “, CNN, Venezuelan, of, Institute for Crime & Justice, Research, Birkbeck , University of London, House Republicans, Trump, KDKA, Service, Secret Service, International Association of Firefighters, Scranton Firefighters, Scranton Times, Tribune, Presidential, National Archives, Records Administration, New York Times, The Washington Post, ”, Intelligence, The New York Times, Times, ISIS, Military, Taliban, Pentagon, Fox News, China Locations: Pennsylvania, Scranton, Reading, ”, Hurricane, North Carolina, Washington , Montana, Colorado, New York City, Paris, fracking, Venezuela, Caracas, United States, United Kingdom, “, California, Butler, Butler , Pennsylvania, Pittsburgh, Blair County , Pennsylvania, Russia, Afghan, China, Moscow, Alexandria, New Hampshire, Florida

☆ These cheap stocks are outperforming, and analysts give 5 more than 20% upside
▼ + stars: | 2024-10-10 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Markets just keep rallying this year, with the S & P 500 up nearly 22% year-to-date and the Nasdaq jumping around 21%. In global stocks, the MSCI World index is around 16% higher. Meanwhile, recent data indicates that the U.S. Federal Reserve could be close to pulling off the much-discussed economic soft landing . With markets already running high, CNBC Pro screened for global stocks that have outperformed the MSCI World index, but still look cheap based on their forward price-to-earnings ratios. Returns of more than 16% so far this year, beating the MSCI World index.

Persons: Goldman Sachs, Morgan Stanley, Mary Ann Bartels Organizations: Nasdaq, Fed, U.S . Federal, CNBC Pro Locations: Wells Fargo

☆ Former Pfizer CEO, finance chief step back from Starboard's activist campaign
▼ + stars: | 2024-10-10 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Former Pfizer CEO Ian Read and ex-CFO Frank D'Amelio said Wednesday evening that they would step away from Starboard Value's campaign at the struggling pharmaceutical giant, just days after news of the activist's stake broke. Read and D'Amelio said they were "fully supportive" of Pfizer CEO Albert Bourla in a joint statement made via an investment bank and confirmed to be authentic. The duo had been in contact with a number of directors shortly before news of Starboard's stake broke Sunday evening, according to people familiar with the matter. For executives to join, and then walk away from an activist's campaign is highly unusual. It was also not immediately clear what impact, if any, the breakaway would have on Starboard's campaign.

Persons: Ian Read, Donald Trump, Frank D'Amelio, Read, D'Amelio, Albert Bourla, Jeff Smith, Bourla Organizations: Pfizer, White, Washington , D.C, Guggenheim Securities, dealmaking, CNBC, Autodesk, Wall Street, Corp Locations: Washington ,

☆ Asia-Pacific markets gain ahead of U.S. inflation data; China stocks resume rally
▼ + stars: | 2024-10-10 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

A general view of the Shanghai Securities Exchange building is being shown in Shanghai, China, on July 16, 2024. Japan's Nikkei 225 gained 0.26% to end at 39,380.89, while the broad-based Topix rose 0.2% to close at 2,71267. Traders in Asia were assessing September data on producer prices in Japan which rose 2.8% from a year ago. Economists polled by Reuters had predicted the inflation rate would come in at 2.3%, down from 2.5% in August. The rally had been triggered by a blitz of government stimulus measures at the end of September.

Persons: Australia's, Korea's Kospi, Hong, Chetan Ahya, Morgan Stanley, Ahya Organizations: Shanghai Securities Exchange, Dow Jones, Nikkei, Traders, Reuters, Investors, Holdings, Alimentation, CSI, China's Finance, Asia Locations: Shanghai, China, SINGAPORE — Asia, Pacific, 2,71267, Asia, Japan, Beijing

☆ The Contests, Clubs and Big Promises of Trump’s Fund-Raising Emails
▼ + stars: | 2024-10-10 | by ( Karen Yourish | Lazaro Gamio | ) www.nytimes.com time to read: +26 min

It has offered adherents myriad “exclusive” opportunities to join clubs to give counsel to Mr. Trump, and it has repeatedly claimed that Mr. Trump is personally reviewing lists of small donors. The New York Times looked at some 7,400 emails sent by the Trump campaign since Mr. Trump entered the presidential race. Ms. Harris, and before her Mr. Biden, have far outpaced Mr. Trump in fund-raising this cycle, including from small-dollar donors. But both in sheer number (about 75 emails per week, on average, throughout this campaign cycle) and in syntax, the former president’s campaign emails stand out. Similar questions have arisen about contests Mr. Trump’s campaign and political action committee have run in years past.

Persons: Donald J, Trump, Trump Tour “, MAGA, Vance, Melania, Blue, ”, Santa, ” MAGA, Red Trump, MAGA ”, Brandon, “ Trump, “, Biden, Joe, Patrick’s, White, Pink, Red MAGA, Black MAGA, Trump “ I’m, Gray, Kamala Harris, Harris, Mr, Biden’s, ’, Trump’s, missive, BIDEN, you’ll, President Trump, Email, William McGuffin, McGuffin, ” Kyle, Beth Hilfer, ” Email, ” “, Trump “, Trump ”, Harris’s, Biden ”, Joe ”, Let’s, Brandon ”, Brian Hughes, YOU Organizations: New York Times, Trump, Trump Tour, Trump Tour “ Trump Force, Bedminster, Florida, Trump International, Republican National Convention, Miami Grand Prix, Houston Meet Trump, Trump Jr, Trump Meet Trump, Trump Force, Trump American, Trump Patriot, Trump Georgia, Trump Campaign, Trump Defense Task Force, Trump Free, Trump Official Trump, President’s, Melania Trump, Board, Trump Life, Trump Gold Club, Trump Diamond Club, Club, Trump VIP, Trump VP, Blue Trump, Trump Trump, MAGA, Trump MAGA, Santa Trump, Red Trump MAGA, White Trump MAGA, MAGA ” Trump, Beijing Biden, TRUMP, TNN, ” Trump, Black, “ Trump, Trump “, Trump “ Trump, Democratic, Mr, Biden, Data & Society, CLUB, WIN, The Times, Times, Formula One’s Miami, Prix, Federal, Patriots, “ Trump Force, American Express, “, TOP, Stockings Locations: Nashville Trip, Lexington, Ky, Beverly Hills, Costa Mesa, Calif, Dallas, Houston, Hallandale Beach, Fla, Trip, Vegas, London, New Orleans, N.J, Trump, Park City, Utah, Red, Delaware, Las Vegas, New York, America

☆ The top 10 party universities in the US, ranked
▼ + stars: | 2024-10-10 | by ( Priyanka Rajput | ) www.businessinsider.com time to read: +2 min

The Wall Street Journal, in collaboration with College Pulse, ranked the best party schools in the US. The Journal ranked schools based on student and alumni data about the party culture on campus. 1 party school in the US for 2025. AdvertisementEvery year, The Wall Street Journal publishes a list of the best party schools in the US as part of its annual best colleges list. Here's a closer look at the best party schools that made the list.

Persons: —, University of Miami —, Here's Organizations: Street, The, Tulane University, University of Dayton, Service, University of Miami, Texas State University, Round, Hampton University Locations: Lake Osceola, Coral Gables , Florida, San Marcos, Round Rock , Texas, New Orleans, Ohio

☆ Here's the next data point to watch as Wall Street eyes a 'no landing' scenario for the US economy
▼ + stars: | 2024-10-10 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +4 min

A big jump in retail spending would be the next data point indicating a "no landing" of the economy. A no-landing scenario occurs when strong economic growth fuels inflation and hinders rate cuts. Bank of America analysts expect September retail sales data, set for release on October 17, to show a 0.8% surge. "Monthly retail sales data can be volatile. If retail sales accelerate considerably, in our view, the narrative may shift further toward 'no landing' or even re-acceleration," they said.

Persons: —, Helene Organizations: Service, Bank of America, Bloomberg, Federal Reserve, Bank, America

☆ JPMorgan downgrades industrial bellwether after recommending it for almost 15 years
▼ + stars: | 2024-10-10 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

After 15 years of bullishness on Honeywell , JPMorgan is finally moving to the sidelines. In a Thursday note, the Wall Street bank downgraded shares of the Charlotte-based industrial manufacturer to a neutral rating from overweight. Shares of Honeywell are up just 1% on the year but stand to gain almost 10% over the next year, based on Tusa's updated price target. HON YTD mountain HON YTD chart While Tusa said Honeywell shares are cheap, the company's planned divestitures are a short-term headwind. Still, Tusa applauded Honeywell's defensive growth profile, extended visibility from a long cycle backlog and renewed focus on growth under a new CEO.

Persons: Stephen Tusa, YTD, Tusa, divestitures Organizations: Honeywell, JPMorgan Locations: Charlotte

☆ Americans living overseas face being taxed twice. Donald Trump wants to change that.
▼ + stars: | 2024-10-10 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Americans living abroad shouldn't owe taxes on the same income in two countries, Donald Trump said. "I support ending the double taxation of overseas Americans," he told The Wall Street Journal. AdvertisementAmericans living abroad shouldn't be taxed twice on the same income by two different countries, Donald Trump said. "I support ending the double taxation of overseas Americans," the former president told The Wall Street Journal in a statement. "Fellow Americans living abroad, your vote is more important than ever," Trump told the Journal.

Persons: Donald Trump, Trump, Kamala Harris, —, He's Organizations: Wall Street, Service, Republican, Social Security, Democratic, Voting Locations: Dubai, Monaco

☆ JPMorgan is a dud every time it kicks off earnings season this year
▼ + stars: | 2024-10-10 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Earnings season is getting underway with JPMorgan Chase on Friday, but don't expect its third-quarter results to turn the market around. So far this year, the investment bank has not started the season off upbeat, as shares have fallen in every postearnings trading session. However, he also noted that net interest income may be under pressure. "NII should be modestly lower in the quarter, due to some [net interest margin] compression," he wrote in a note to clients Wednesday. "In addition, results should be impacted by seasonally lower trading activity (flat to up 2% y-o-y) while asset quality continues to normalize."

Persons: Jason Goldberg, Goldberg Organizations: JPMorgan Chase, Investment Group, JPMorgan, Barclays

☆ I'm a photographer who shoots weddings around the world. Couples want one kind of photo — but they don't actually use them.
▼ + stars: | 2024-10-10 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +6 min

Most couples want candid shots, but Huggett said that they always end up using proper posed photos. Wedding photography wasn't even on my radar. Shooting weddings takes you everywhereI like to say shooting for weddings is the "Olympics of photography" because it pushes every skill a photographer has. Related storiesIt's not just about snapping candid shots of the couple. How to take the best posed photosWhen it comes to posed photos, I like to keep things dynamic, adding movement so it doesn't feel stiff or overly formal.

Persons: Joshua Huggett, Joshua Huggett Media, Huggett, —, they've, Max, I've Organizations: Service, Mad Max Locations: Australia, Peru

☆ Why investors shouldn’t sweat this inflation report
▼ + stars: | 2024-10-10 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The latest inflation report came in slightly hotter than expected, knocking stock prices lower. But the odds of a quarter-point Fed rate cut in November actually rose after the report came out. "CPI Inflation data was slightly on the hotter side, with commodity prices (outside) energy rising more than expected. The good news is that shelter inflation is pulling back and that's going to pull inflation lower. Investors received fresh labor market data Thursday as well, with initial jobless claims jumping by 33,000 to 258,000.

Persons: Dow Jones, Sonu Varghese, Goldman Sachs, Whitney Watson, Ian Lyngen, Stephen Tusa Organizations: CPI, Reserve, Carson, Investors, BMO Capital Markets, JPMorgan, Honeywell

☆ Asia-Pacific markets open higher after S&P 500 and Dow hit new highs
▼ + stars: | 2024-10-10 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

The Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Aug. 5, 2024. SINGAPORE — Asia-Pacific markets opened mostly higher on Thursday, following gains on Wall Street that saw the S&P 500 and Dow Jones Industrial Average reach new records as investors shook off geopolitical concerns. Japan's Nikkei 225 opened up 0.5%, while the broad-based Topix gained 0.4%. Traders in Asia will assess data from September on producer prices in Japan which rose 2.8% from a year ago. Hong Kong Hang Seng index futures were at 21,070, higher than the HSI's last close of 20,637.24.

Persons: Australia's, Korea's Kospi Organizations: Tokyo Stock Exchange, Japan Exchange Group Inc, Dow Jones, Nikkei, Traders, Reuters Locations: Tokyo, Japan, SINGAPORE — Asia, Pacific, Asia, Hong Kong, China, Shenzhen, Beijing

☆ Jim Cramer says AMD's slide could be an opportunity — plus, a defense of Salesforce
▼ + stars: | 2024-10-10 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks are slightly lower Thursday, but not far from the S & P 500 's record close set Wednesday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Salesforce, Piper Sandler, Laggard, Analysts, It's, Piper, Salesforce's, Lisa Su, Su, Jim, Jim Cramer's Organizations: CNBC, ., CRM, Nvidia, AMD, AMD's, UBS, Broadcom, JPMorgan Chase, BlackRock, Bank of New York Mellon, PPI, Jim Cramer's Charitable Locations: China, Wells Fargo

☆ The Fed is finally cutting rates, but banks aren't in the clear just yet
▼ + stars: | 2024-10-10 | by ( Hugh Son | ) www.cnbc.com time to read: +1 min

Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., September 18, 2024. REUTERS/Tom BrennerFalling interest rates are usually good news for banks, especially when the cuts aren't a harbinger of recession. That's because lower rates will slow the migration of money that's happened over the past two years as customers shifted cash out of checking accounts and into higher-yielding options like CDs and money market funds. When the Federal Reserve cut its benchmark rate by half a percentage point last month, it signaled a turning point in its stewardship of the economy and telegraphed its intention to cut rates by another two full percentage points, according to the central bank's projections, boosting prospects for banks. The bank is expected to report $4.01 per share in earnings, a 7.4% drop from the year-earlier period.

Persons: Jerome Powell, Tom Brenner, Chris Marinac, Janney Montgomery Scott, JPMorgan Chase Organizations: Federal, Committee, REUTERS, Federal Reserve, JPMorgan Locations: Washington , U.S

☆ TD Bank hit with record $3 billion fine over drug cartel money laundering, source says
▼ + stars: | 2024-10-10 | by ( Jordan Valinsky | Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN —TD Bank will pay $3 billion to settle charges that it failed to properly monitor money laundering by drug cartels, regulators announced Thursday. TD also intends to pay $1.8 billion to the US Justice Department and plead guilty to resolve the US government’s investigation that the bank violated of the Bank Secrecy Act and allowed money laundering. The US Department of Justice said in a statement that TD Bank had “long-term, pervasive, and systemic deficiencies” in its procedures of monitoring transactions. TD Bank declined to comment on the fine, but the bank plans to hold a call with investors later on Thursday. TD Bank’s (TD) US-listed shares slumped 5% as investors brace for higher legal expenses and weaker growth.

Persons: FinCEN, TD Bank’s, ” John Aiken, “, Allen Stanford Organizations: New, New York CNN —, Bank, US Treasury Department’s, US Justice Department, US Department of Justice, Street Journal, TD Bank, Jefferies, ”, Justice, Treasury, CNN Locations: New York

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