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"What's driving price action is undoubtedly the election," Nic Puckrin, CEO and co-founder at crypto education site Coin Bureau, said of the November outlook. BTC.CM= YTD mountain Bitcoin YTD Republican nominee former President Donald Trump has courted the crypto industry this year, presenting himself as the pro-crypto candidate . October and November are historically strong months for bitcoin, finishing higher in seven of the past 11 Novembers. "Volatility has decreased for both gold and bitcoin as traders look forward to the [election] results, although both assets have benefited from positive underlying fundamentals incrementally driving the price up." "The main danger we foresee would be temporary angst around election results affecting sentiment and holding back further development of the ecosystem," Chung added.
Persons: Bitcoin, cryptocurrency, Kamala Harris –, Nic Puckrin, Trump, bitcoin, Donald Trump, Harris, Devin Ryan, there's, Needham's John Todaro, Chris Chung, Chung, Michael Bloom Organizations: Republican, Democratic, Citizens, Trump, bitcoin, JPMorgan, BTC, Solana Locations: Washington, U.S
New York-based BBG Ventures has raised a new $60 million fund. The latest fund will invest in both female founders and those with diverse backgrounds. Ten years later, the seed stage fund has raised a new $60 million fund and is moving beyond just backing female founders to any entrepreneur from a diverse background. AdvertisementWhen Verizon bought AOL in 2015, BBG Ventures separated and raised a new $50 million fund. Related storiesDua explained that the decision to move beyond exclusively backing just female founders reflects the duo's shift in thesis around innovation.
Persons: , VCs, Susan Lyne, Nisha Dua, Lyne, Dua, Nordstrom, clamoring Organizations: BBG Ventures, California Endowment, Mizuho, Service, AOL, Founders, Spring Health, Verizon, State of Michigan Retirement Services, Illumen, Investments, Fairview Capital, Bank of America Locations: York, U.S, Spring, Nara, Dua, Lyne
Part of the shift is demographic: Over the past few decades, the number of single women in America has skyrocketed. In 2023, there were 43 million single women living in the US, a 55% increase since 2000. Single women are older, more educated, and more financially independent than they were a generation earlier. In 2000, 48% of single women reported voting. And her support is growing: A recent Ipsos survey found Harris leading among single women voters by nearly 40 points.
Persons: Donald Trump, Sen, JD Vance, Jennifer Aniston, Taylor Swift, Kamala Harris, Lady, Swift, Benjamin Button, Meghan McCain, John McCain, he's, Joe Biden, Harris, Jesse Watters, Roe, Wade, Dobbs, Trump, , MeToo, Biden, Tim Walz, Jake Paul Organizations: Pew Research Center, Pew, Democratic, Fox News, Survey Center, Gallup, Social Survey, Biden, Alpha Kappa Alpha Sorority, Trump Locations: Ohio, America
CNBC Daily Open: Vaguely reassuring Fedspeak
  + stars: | 2024-09-24 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
Michael Nagle | Bloomberg | Getty ImagesThis 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. In an interview with CNBC, Minneapolis Fed President Neel Kashkari said, "We still have a strong, healthy labor market. But I want to keep it a strong, healthy labor market." Atlanta Fed President Raphael Bostic was more circumspect.
Persons: IXIC BRBY, Jerome Powell, Michael Nagle, Neel Kashkari, Raphael Bostic, Austan Goolsbee, Goolsbee, yesterday's Fedspeak, Dow, Jeff Cox, Brian Evans, Alex Harring Organizations: US Federal Reserve, Market, New York Stock Exchange, Bloomberg, Getty, CNBC, Minneapolis, Atlanta Fed, National Association of State, Chicago Fed, Dow, Nasdaq Locations: New York, U.S
The previous indictment, which clocked in at 45 pages, had included what the US Supreme Court says is the kind of official-act evidence that can no longer be used in prosecuting presidents. The replacement indictment — which uses the same font and spans 36 pages — removes references to Trump's presidential acts with surgical precision, said Michael Bachner, a former Manhattan prosecutor and frequent commentator on Trump's legal travails. But in the new indictment, it's Trump the 2020 presidential candidate, not Trump the former president, who is charged. AdvertisementIn refiling his indictment, Smith was smart to convene a new grand jury rather than re-submit the case to the original panel. Still, the new indictment doesn't guarantee that judges won't throw out the case before it ever reaches a jury.
Persons: , Donald Trump's, Jack Smith, Michael Bachner, it's Trump, Trump, Smith, Candidate Trump, Jeffrey Clark, Bachner, Joe Biden, Trevor Morrison, Morrison, it's, Judge Chutkan, Jack, I'm, Hunt Organizations: Service, Business, Trump, Department, Bachner, Associates, DOJ, NYU, DC Circuit, Democracy Locations: Manhattan, Washington
BEIJING, CHINA - DECEMBER 04: China and Canada flag is displayed in front of the Forbidden City on December 4, 2017 in Beijing, China. China's state media has criticized Canada over its decision to impose 100% import tariffs on Chinese electric vehicles, using bolder language than Beijing's official government response. Canada is "shooting itself in the foot" by "following U.S.' protectionist policies," the outspoken editor of the Global Times, a Chinese government mouthpiece, wrote Wednesday. On Monday, Canada announced that it would import 100% tariffs on China-made electric vehicles, effective Oct. 1. The Biden administration announced in May significant tariffs on Chinese EVs, advanced batteries, solar cells, steel, aluminum and medical equipment.
Persons: Biden, Lin Jian, Lin, Justin Trudeau, , Sheila Chiang Organizations: Global Times, Communist Party, European Union, European, China's Ministry of Commerce, Foreign Ministry, Ottawa Locations: BEIJING, CHINA, China, Canada, City, Beijing, U.S, EVs
"He was my best friend," Salemi told Business Insider. Salemi isn't alone in having a résumé where the end of one job doesn't align neatly with the start of the next. The pandemic poked holes in workThe trick to dealing with résumé gaps is to have an explanation, career experts told BI. Julia Toothacre, chief career strategist at ResumeTemplates.com, told BI that her advice on résumé gaps is far different from what she would have said a decade ago. Salemi, from Monster, said in her experience more job seekers have gaps than don't.
Persons: Vicki Salemi's, Salemi, she'd, Salemi isn't, quagmire, Julia Toothacre, Toothacre, what's, it's, doesn't, Lee Woodrow Organizations: Service, Business, LinkedIn
Japan's newest strategic review names China, North Korea and Russia as threats to Japanese security. Clearer explanations of the threats to Japan's national security will prove critical as the government seeks public support for an ambitious defense spending plan." The review is part of a reconsideration of Japan's needs in the face of growing threats from its well-armed neighbors, especially China. China has "conducted joint bomber flights and naval navigations with Russia in the vicinity of Japan," the paper said. AdvertisementBesides external threats and new equipment, the paper highlighted a critical need for the Japan Self-Defense Forces: more people.
Persons: Nicholas Szechenyi, Ryo Hinata, Michael Peck Organizations: Service, Business, Center for Strategic, International Studies, Ministry of Defense, South China, Japan Self - Defense Forces, Forum, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: China, North Korea, Russia, Japan, South China, South, Korea, Yamaguchi, Honolulu, Forbes
Real gross domestic product , a measure of all the goods and services produced during the April-through-June period, increased at a 2.8% annualized pace adjusted for seasonality and inflation. Economists surveyed by Dow Jones had been looking for growth of 2.1% following a 1.4% increase in the first quarter. Economic activity in the U.S. was considerably stronger than expected during the second quarter, according to an initial estimate Thursday from the Commerce Department. The so-called chain-weighted price index, which takes into account changes in consumer behavior, increased 2.3% for the quarter, below the 2.6% estimate. There also is pressure in the housing market: Sales are declining while home prices continue to climb, putting pressure on first-time homebuyers.
Persons: Dow Jones Organizations: Commerce Department, Stock, Federal Reserve, Fed, Philadelphia Federal Locations: U.S
is examining numerous metal fragments found near the stage at a campaign rally in Butler, Pa., to determine whether an assassin’s bullet — or potential debris — grazed former President Donald J. Trump’s head, bloodying his ear, according to the F.B.I. and a federal law enforcement official. The bureau has asked to interview Mr. Trump as part of its broader investigation, hoping to provide insights into the shooting and possibly a more complete record of his injury, the official said, speaking on the condition of anonymity to discuss the continuing inquiry. Unanswered questions about the object that struck the Republican nominee for president have lingered since the shooting on July 13, with Mr. Trump claiming that he was struck by a bullet — and casting his survival as an act of divine intervention. officials have been more circumspect, citing the need to analyze the evidence before determining what struck Mr. Trump — a bullet, metal shard or something else.
Persons: Donald J, Trump Organizations: Republican, Mr Locations: Butler, Pa
It wasn’t that long ago that many Republicans fully supported the most compelling of Biden’s ideas: term limits for justices. Term limits were also supported by Senator Marco Rubio, and Senator Ted Cruz proposed putting justices up for election every eight years. But an 18-year maximum tenure for justices, as Biden and many others have proposed, shouldn’t be ping-ponged around by whatever faction is dissatisfied with the current court. Through the 1960s, the average term on the court was around 15 years; after 1970, it became about 26 years. The founders did not fully anticipate how a justice might become insulated from reality after serving on the court for many decades.
Persons: Mike Johnson, Biden’s, Josh Hawley, John Roberts, Marco Rubio, Ted Cruz, Biden, It’s, , Clarence Thomas — Organizations: Republicans don’t, Republicans, Republican, it’s Locations: Missouri
“Together we will make our allies share in the burden of securing world peace,” he said at the Republican National Convention in Milwaukee. “I think whoever wins the US race… it will be more America first,” Belgium’s Prime Minister Alexander De Croo told CNN. Europe needs to take care of its defense more.”Danish Prime Minister Mette Frederiksen argues Europe stepping up its commitment to its own security has nothing to do with the US. “We have to be more capable of defending ourselves, with a more and more aggressive Russia, not only when it comes to Ukraine,” she told CNN. Preserving European unity is critical to a long-lasting peace, he said.
Persons: JD Vance, , Vance, Donald Trump, Alexander De Croo, ” Finland’s, Alexander Stubb, , Sen, Will Lanzoni, Mette Frederiksen, Keir Starmer, Viktor Orban, Vladimir Putin, ” Orban, Ursula von der Leyen, Volodymyr Zelensky, Organizations: CNN, Republican, Republican National Convention, Munich, NATO, Trump, European Commission, EU, Ukraine Locations: Blenheim, Milwaukee, Ohio, Ukraine, Oxfordshire, Europe, States, Danish, Russia, Hungarian, Moscow, Ukrainian
There could be some pretty good inflation news on the way from the Commerce Department when it releases a key economic report Friday. If that date rings a bell, it's when core PCE first passed the Fed's coveted 2% inflation target during this cycle. Should the core PCE price forecasts transpire, it will serve as a milestone of sorts. "We are in line with [the forecast] that the PCE core pricing data will come in soft," said Beth Ann Bovino, chief economist at U.S. Bank. In addition to the inflation numbers, the Commerce Department at 8:30 a.m.
Persons: Dow Jones, Beth Ann Bovino, It's, pocketbooks, Lisa Cook, Cook, Bovino Organizations: Commerce Department, Federal Reserve, U.S . Bank, Fed Locations: Brooklyn , New York
Three months into the coronavirus pandemic, Dr. Anthony S. Fauci was at home in northwest Washington when he answered his cellphone to President Donald J. Trump screaming at him in an expletive-laden rant. He had incurred the president’s wrath by remarking that the vaccines under development might not provide long-lasting immunity. That was the day, June 3, 2020, “that I first experienced the brunt of the president’s rage,” Dr. Fauci writes in his forthcoming autobiography. Dr. Fauci has long been circumspect in describing his feelings toward Mr. Trump. But in the book, “On Call: A Doctor’s Journey in Public Service,” he writes with candor about their relationship, which he describes as “complicated.”In a chapter entitled “He Loves Me, He Loves Me Not,” Dr. Fauci described how Mr. Trump repeatedly told him he “loved” him while at the same time excoriating him with tirades flecked with four-letter words.
Persons: Anthony S, Fauci, Donald J, Trump, , candor, , tirades Organizations: Public Service Locations: Washington
Trump's lawyers argued that portions of Stormy Daniels' testimony warranted a mistrial. Daniels had testified Tuesday that Trump didn't use a condom during their sexual encounter in 2006. AdvertisementBlanche was complaining about multiple times in Daniels' testimony when she made graphic, highly salacious accusations against Trump that the lawyer said irreparably prejudiced the jury. Merchan said he wished the discussion of the condom didn't come into the trial and wasn't heard by the jury. Advertisement"For the life of me, I don't know why Ms. Necheles didn't object," he said, while the defense attorney looked toward the floor.
Persons: Stormy Daniels, Daniels, Trump's, Todd Blanche, , Donald Trump, she'd, Trump, Blanche, — Daniels, Keith Schiller, audibly, Susan Hoffinger, Donald Trump's, Jane Rosenberg, Merchan, Necheles, wasn't Organizations: Trump, Service, Wicked Pictures, REUTERS Locations: Manhattan, Tahoe, California
Joe Biden has tried to stake out a middle ground as protests spread across college campuses. Unlike other lawmakers of his generation, Biden largely stayed away from the Vietnam War protests that sparked upheaval on college campuses nationwide. Advertisement"I was in law school," Biden said of the Vietnam War protests, per The New York Times. Even among young voters, the trend remains the same. A Harvard Youth Poll of 18-to-29-year-olds nationwide found that the war was far less important to voters than inflation or healthcare.
Persons: Joe Biden, Biden, , — it's, Joe Biden hasn't, haven't, That's, @eyokley, Cf5Ot4q2t4, CSeqbdsWtK, Jason I, McMann, Donald Trump, It's, Israel, Barack Obama, Trump Organizations: Service, Israel, Biden, Democratic, NBC, New York Times, Muslim, CBS, Harvard Locations: Gaza, Israel, Vietnam, Michigan
Federal Reserve Chairman Jerome Powell met with the press after the March Federal Open Market Committee (FOMC) meeting, which was pretty fraught. Data centers If there is the whiff of a data center or anything in one, the stock goes higher. It's why Meta stock is a buy a tad lower as stocks tend to revisit those kinds of declines. I worry about Club stock Stanley Black & Decker for this reason, but the dividend will keep it propped up for now. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: what's, Jerome Powell, Powell, Powell isn't, Voltaire, Vertiv, Eaton, Meta, It's, jetsam, Darius Adamczyk, Vimal, Stanley Black, Decker, Azek, Morgan Stanley, Wells, Charlie Scharf, Wells Fargo, Chipotle, that's, Johnson, Jensen Huang, Jim Cramer's, Jim Cramer, Jim, Scott Mlyn Organizations: Federal, Market, Broadcom, Google, Microsoft, Nvidia, Travel American Express, Raytheon, GE Aerospace, Royal, AAR, Honeywell, Southwest Airlines, Housing, Stanley, JPMorgan, Procter, Gamble, Colgate, Merck, Bristol, Myers, PepsiCo, Energy, Coterra Energy, Diamondback, drillers, CNBC Locations: California, Royal Caribbean, Delta, Devon
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewMost people are financially healthy, but economic and geopolitical threats could spoil the party, Jamie Dimon warned on Tuesday. People are also benefiting from strong economic growth and near-record employment, but they won't be immune if disaster strikes, Dimon said. "Even if we go into recession, the consumer's in good shape," he said in a clip of the interview posted by Bloomberg. He added that the world order is being "challenged" and could descend into a "little bit of chaos" as it realigns.
Persons: , Jamie Dimon, Dimon, Dimon's, JPMorgan's, we've Organizations: Service, Consumers, Economic, of New, Business, Bloomberg, Wall Locations: of New York, China, Russia, Ukraine, Middle
Such legislation would make Pennsylvania the first major fossil fuel-producing state to adopt a carbon-pricing program. Shapiro's proposal comes as environmentalists are pressuring him to do more to fight climate change in the nation’s No. 2 gas-producing state and as the state's highest court considers a challenge to his predecessor's plan to adopt a carbon-pricing program. Currently, about 60% of the state's electricity comes from natural gas-fired power plants, and the 50% requirement could hurt demand for electricity from those plants. Shapiro’s administration did not provide many details of his strategy Wednesday, including how much money power plants would pay or how the average household electric bill would be affected.
Persons: Josh Shapiro, Shapiro, ” Shapiro, , Joe Pittman, Shapiro’s, Patrick Cicero, “ it’s, ” Cicero, That’s, Dave Callahan, Shapiro's, Alex Bomstein, Tom Wolf, “ I’m, ___ Levy, Marc Levy Organizations: , Pennsylvania Manufacturers ’ Association, Pennsylvania Coal Alliance, Marcellus Shale Coalition, Clean Air Council, Greenhouse Gas Initiative, Greenhouse Gas Locations: SCRANTON, Pa, — Pennsylvania, Pennsylvania, Scranton, Indiana, Marcellus, Harrisburg , Pennsylvania
SPRINGFIELD, Ill. (AP) — Former Illinois lawmaker and gubernatorial candidate William “Sam” McCann abruptly pleaded guilty on Thursday to nine felony counts of wire fraud, money laundering and tax evasion, halting his federal corruption trial over misusing up to $550,000 in campaign contributions. The seven counts of wire fraud and single count of money laundering each carry a sentence of up to 20 years in federal prison. But a complex set of advisory guidelines before Lawless, who set sentencing for June 20, will likely yield a far shorter term. “Are you pleading guilty because you are in fact guilty?” Lawless asked. McCann's trial was repeatedly delayed.
Persons: William “ Sam ” McCann, McCann, Colleen Lawless, Jason Vincent, Lawless, ” Lawless, he’s, , Timothy Bass, McCann's, “ God's, McCann didn't, Vincent, Instagram, Michael Madigan, ’ ” McCann, I’m, Organizations: Ill, Former Illinois, U.S, Conservative Party of Illinois, International Union of Operating Engineers, FBI, IRS Locations: SPRINGFIELD, Springfield, , St, Louis
MELBOURNE, Australia (AP) — Australia’s House of Representatives has ramped up pressure on the United States and Britain to end the prosecution of WikiLeaks founder Julian Assange by passing a motion calling for the Australian citizen to be allowed to return to his home country. Independent lawmaker Andrew Wilkie moved the motion on Wednesday one week ahead of Britain’s High Court of Justice hearing Assange’s appeal against extradition to the United States on espionage charges. Leaders of both the government and the opposition have publicly stated that the United States’ pursuit of the 52-year-old had dragged on for too long. Assange’s brother Gabriel Shipton on Thursday welcomed the lawmakers' vote, adding that his notorious sibling could potentially be extradited to the United States next week. Senior opposition lawmaker Dan Tehan said the motion did not reflect his party’s wish that the prosecution progress more quickly.
Persons: Julian Assange, Andrew Wilkie, Anthony Albanese, Assange, Gabriel Shipton, he’ll, ” Shipton, Wilkie, Albanese, Australia’s, Joe Biden, State Anthony Blinken, Dan Tehan, ” Tehan, Tehan, Chelsea Manning, Manning, Barack Obama Organizations: , Independent, Australian, Ecuadorian Embassy, House, U.S, State, WikiLeaks, Army, Manning’s Locations: MELBOURNE, Australia, United States, Britain, Britain’s, Ecuadorian, London, Sweden
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSingapore home buyers have been a little more 'circumspect,' Knight Frank saysLeonard Tay, head of research at real estate consultancy Knight Frank, says supply has "made some headway, catching up with demand," giving home buyers "a bit more variety."
Persons: Knight Frank, Leonard Tay Organizations: Singapore
Behind the Scenes of the Most Spectacular Show On TV
  + stars: | 2023-12-02 | by ( Jody Rosen | ) www.nytimes.com   time to read: +4 min
On the possession that followed the Lions’ touchdown, the Chiefs stalled, punting with 5:07 left. And then drama turned to farce, as Mahomes’s receivers let him down and penalties pushed the Chiefs backward. Mahomes took the snap, rolled left and launched a throw that arced across the line to gain, reaching the fingertips of the receiver Skyy Moore, who couldn’t clasp it. On the air, Tirico said: “The Detroit Lions are right there.” In the truck, Hyland’s pronouncement was less circumspect. One measure of the success of “Sunday Night Football” is how “Sunday Night Football”-ish the competing broadcasts are looking.
Persons: ” Collinsworth, Campbell, Tirico, , Jawaan Taylor, Skycam, Hyland, Esocoff, , Mahomes, Skyy Moore, Chiefs weren’t, Gaudelli, “ There’s, Tom Brady, Peyton, Eli, refigures Organizations: Lions, Chiefs, , NBC, doleful Chiefs, Detroit Lions, CBS, Fox, Fox Sports, bros, NFL Locations: Detroit
Trump plans to call Palm Beach real-estate broker Lawrence Moens at his NY fraud trial next week. Moens has sworn Elon Musk, Bill Gates, and "kings" would pay $1B for the club, where he's a member. Donald Trump allegedly inflated the value of his Palm Beach resort in financial documents by as much as $714 million. He knows Donald Trump, Jr., and Ivanka Trump, who he testified was "a very lovely person." Advertisement"I don't see Donald Trump enough or spend enough time with Donald Trump to call him a friend," he answered.
Persons: Trump, Lawrence Moens, Moens, Elon Musk, Bill Gates, OK'd Moens, , Donald Trump, it's, Letitia James, Lago, Arthur Engoron, he'd, Kevin Wallace, James, Wallace, I'm, Donald Trump's Mar, Charles Trainor Jr, Alex Finkelstein, Eric Trump, Donald Trump , Jr, Ivanka Trump, I've Organizations: Palm, Service, Mar, New, Trump, Trump's, Elon, Miami Herald, Tribune, Getty, AG, Trump Organization Locations: New York, Palm, Lago, Palm Beach , Florida, Trump
Stock Chart Icon Stock chart icon Palantir's year-to-date stock performance. Stock Chart Icon Stock chart icon Trane's year-to-date stock performance. Stock Chart Icon Stock chart icon Walmart's year-to-date stock performance. Stock Chart Icon Stock chart icon ImmunityBio's year-to-date stock performance. Stock Chart Icon Stock chart icon Ellington Financial's year-to-date stock performance.
Persons: It's, Ellington Organizations: Walmart, Costco, Ellington, Lease, Air Lease Corp, Boeing
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