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Now, in a full circle moment, the immigration hard-liner is leaving Fox and rejoining Trump as the president-elect prepares to take office again. Once Homan became a Fox contributor, he was a regular presence across the network’s morning and prime time shows. Once President Joe Biden took office, Homan became an outspoken critic of the Democratic administration. “I have been on this network for years complaining about this administration did to this border,” Homan said in Monday’s appearance. Homan will no longer be a Fox contributor, effective Monday, a network spokesperson confirmed to CNN.
Persons: Tom Homan, didn’t, Donald Trump’s, , , Fox, ” Homan, Homan, Trump, Obama, , Juliet Jeske, Jeske, Trump’s, ” Jeske, ” Trump, Friends ”, Lawrence Jones, Anthony Scaramucci, Richard Grenell, Heather Nauert, Morgan Ortagus, Bill Shine, Joe Biden, ” “, Brian Kilmeade, ” Kilmeade, Maria Bartiromo, It’ll Organizations: New, New York CNN, US Immigration, Customs, Fox News, Fox, Trump, “ Fox, Friends, Democratic, ” “ Fox, CNN, ICE Locations: New York
Space industry experts told Business Insider that Musk's influence over Trump could help advance his business interests, including sending the first crewed mission to Mars. "I'm hugely optimistic about what's going to happen in space now," Michelle Hanlon, executive director of the Center for Air and Space Law at the University of Mississippi School of Law, told Business Insider. Hanlon's optimism isn't unfounded, especially if Trump's second term focuses on space as much as his first. AdvertisementDuring his first term, from 2017 to 2021, Trump's administration founded the Space Force, re-launched the National Space Council, and established NASA's Artemis program. A spokesperson for Trump's campaign said that Musk's ideas and efficiency will benefit federal bureaucracy but his role in Trump's administration remains under wraps.
Persons: Elon Musk, Donald Trump, Trump, , Elon Musk's, Michelle Hanlon, Musk, Volodymyr Zelenskyy, Axios, Jim Watson, Deborah Sivas, it's, Elon, Hanlon, George Nield, we've, Donald Trump’s, Anna Moneymaker, Nield, Artemis program's Organizations: Service, Trump, Center for Air, Space, University of Mississippi School of Law, Space Force, Space Council, Department of Government, Traffic Safety Administration, Federal Aviation Administration, Ukrainian, Getty, SpaceX, Environmental, Stanford, Republicans, Space Transportation, NASA, Orion Locations: Pennsylvania, Butler , Pennsylvania, Sivas
The attention on potential Supreme Court vacancies has so far been driven entirely by forces outside the court – and rampant speculation based on a series of murky clues and past practices. “No questions could even be raised about their physical or mental health.”Ed Whelan, a former Supreme Court clerk and legal commentor, said he agreed with Leo’s take. The process of moving a Supreme Court nominee takes considerable time – often several months. The Supreme Court did not respond to a request for comment. It is also fairly common when a new administration comes to town to talk about these things.”’CNN Chief Supreme Court Analyst Joan Biskupic contributed to this report.
Persons: Donald Trump’s, Clarence Thomas, Samuel Alito –, Sonia Sotomayor, Joe Biden, Trump, “ Alito, Mike Davis, Stephen Breyer, Biden’s, , Bill Clinton, Thomas, Alito, Leonard Leo, Charles Cooper, scoffed, ” Cooper, ” Ed Whelan, Leo’s, ” Whelan, Davis, Leo, ” Davis, Ruth Bader Ginsburg, Amy Coney Barrett, Roe, Wade, Ginsburg, Sotomayor, Barack Obama’s, Biden, John Roberts, George W, Bush, Breyer, Anthony Kennedy, Ronald Reagan, , Andrew Oldham, Neomi Rao –, Judge James Ho, Martha, Ann Alito, Washington –, Ann Alito’s, Martha Alito, Roberts, Josh Blackman, ” ’, Joan Biskupic Organizations: CNN, III, Supreme, GOP, Trump, DC Circuit, Circuit, Washington, South Texas College of Law Houston, ” ’ CNN Locations: Washington, Trump, New Orleans, Virginia, New Jersey
But the South Korea electronics giant has now fallen behind its long-time rival SK Hynix in next-generation chips that have been key component for AI silicon leader Nvidia . For years, Samsung was the undeniable leader in this technology, ahead of South Korean rival SK Hynix and U.S. competitor Micron . SK Hynix saw this opportunity. SK Hynix posted record quarterly operating profit in the September quarter. "It is fair to say that Samsung has not been able to close the gap with SK Hynix on the HBM development roadmap," Morningstar's Ito said.
Persons: SeongJoon Cho, HBM, Kazunori Ito, Brady Wang, Morningstar's Ito Organizations: Samsung Electronics Co, Bloomberg, Getty, Samsung Electronics, SK Hynix, Nvidia, Samsung, Micron, Morningstar, CNBC, U.S, Counterpoint Research, South Locations: Seoul, South Korea, South Korean, HBM
Democrats called for a full party reckoning on Wednesday, as they attempted to pick up the pieces of their shattered organization a day after Vice President Kamala Harris’ loss to former President Donald Trump. Sen. Bernie Sanders, I-Vt., put out a statement blasting "big money interests and well-paid consultants who control the Democratic Party." "It should come as no great surprise that a Democratic Party which has abandoned working class people would find that the working class has abandoned them," he said Wednesday. Brendan Smialowski / AFP via Getty Images“People needed to pick who was going to go after him,” the Harris ally said of prosecutors and Democrats. One Harris aide called for more diversity among decision-makers, pointing to a far too-white leadership makeup of Harris’ campaign and Biden’s former campaign.
Persons: Kamala Harris ’, Donald Trump, Joe Biden’s, It’s, , Nikki Budzinski, Sen, Bernie Sanders, Biden, Harris, Obama, , impeaching, Brendan Smialowski, can’t, That’s, Trump, They’ve, Jen O’Malley Dillon, O’Malley Dillon, weren’t, prepping Harris, , ’ ”, O'Malley Dillon, Harris ’, Sheila Nix, Julie Chavez Rodriguez, Cedric Richmond, Vermont Sen, Peter Welch, , Welch, James Carville, Josh Shapiro, Gretchen Whitmer, JB Pritzker, Adam Jentleson, we’ve, what’s, ” Wade Randlett, “ Trump, Joe Biden, Joe, We’ve Organizations: Republicans, Trump, Illinois Democrat, Democratic Party, Democratic, Biden, Howard University, Wednesday, Getty, Democrat, Keystone Pipeline, America, Longtime, longtime Democratic Locations: Illinois, Trump, AFP, Vermont, Pennsylvania, Michigan, California
But Shelby McFaddin, senior analyst at Motley Fool Asset Management, is looking beyond the end result. "Either potential administrations would bring an increase in infrastructure spending and inflation remains a concern." 'Success story' Looking past the election result, McFaddin named three stocks she likes right now, including shipping and parcel delivery giant United Parcel Service . Calling the company "really interesting," the analyst said it has "been a little bit of a success story," with a rebound in earnings and revenue. It's not necessarily the world's fastest grower, but it is a really reliable company with really strong management," she added.
Persons: Shelby McFaddin, CNBC's, Kenny Polcari, McFaddin, It's Organizations: United Parcel Service, UPS, CNBC, Mastercard Locations: U.S, Washington
New York CNN —US stocks rallied Tuesday as Wall Street awaited the results of a closely contested presidential race. “While it’s still anyone’s call on where the chips will fall on the election, putting it behind in either direction is a relief.”Historically, stocks have often risen on Election Day. This marks the sixth-straight Election Day gain for the S&P 500 and Nasdaq. “With Election Day finally here, expect more market volatility, particularly if the wait for a result is long or contested. Just two days after Election Day, the Federal Reserve will announce its latest interest rate decision, the first since cutting rates by half a point.
Persons: Dow, , Louis Navellier, Kamala Harris, Donald Trump, Joe Biden, George W, Bush, Al Gore, Adam Turnquist, Gore, ” Turnquist Organizations: New, New York CNN, Nasdaq, Navellier, Associates, LPL, Federal Reserve Locations: New York
As the battle for Congress comes to a close, here are five things to watch:1. Republicans have long been concerned about Democrats’ massive fundraising advantage in House and Senate races. Nearly $1.6 billion has been spent on ads in Senate races since Labor Day, with Democrats spending $803 million and Republicans spending $758 million, according to AdImpact. More than $1 billion has also been spent on ads in House races since Labor Day, with Democrats spending $615 million to Republicans’ $448 million, according to AdImpact. In the Maryland Senate race, Republicans have tried to pull off an upset by recruiting former GOP Gov.
Persons: Donald Trump, Kamala Harris, Trump, Jon Tester, Ohio’s Sherrod Brown, Brown, Tim Sheehy, Bernie Moreno, Jim Justice, Sen, Joe Manchin, Joe Biden, Harris, Pennsylvania’s Bob Casey, Wisconsin’s Tammy Baldwin, Nevada’s Jacky Rosen, Maine Republican Susan Collins, Biden, Casey, Dave McCormick, Rosen, Roe, Wade, , That’s, Dan Osborn, GOP Sen, Deb Fischer, Fischer, Osborn, Colin Allred, Ted Cruz, they’re, Debbie Mucarsel, Powell, Rick Scott, Allred, Larry Hogan, Hogan, Angela Alsobrooks Organizations: White, Republicans, House, Republican, Navy, West Virginia Gov, Democratic, Trump, GOP, Maine Republican, Senate, Freedom Caucus, Democrats, Labor, , Republicans ’, PAC, Maryland Senate, GOP Gov, Hogan Locations: California, New York, Arizona, Michigan, Maine, Pennsylvania, Nevada, Allentown, Harrisburg, Nebraska, Cornhusker, Texas, Florida, Maryland
Market analysts predicted choppy trading and sharp swings going into the US presidential election. AdvertisementMarket analysts are braced for volatility ahead of Tuesday's presidential election as traders shuffled their bets on a Donald Trump or Kamala Harris victory. The drivers of market performance — economic growth, corporate earnings, and innovation — ultimately outshine the impact of political changes. The Trump trade is a stronger dollar, weaker bonds/ higher bond yields and stronger crypto. With one day left of this campaign, the dollar is falling, and the dollar index is at a two-week low.
Persons: Donald Trump, Kamala Harris, , who'll, Naeem Aslam, Joshua Mahony, Harris, Hal Cook, Hargreaves, Kathleen Brooks, Trump Organizations: Service, Republican, Democratic, Federal Reserve, Zaye, Trump, FX Locations: Iowa, United States
People look at models of houses at the 2021 Dalian autumn real estate fair at Dalian World Expo Center on October 15, 2021 in Dalian, Liaoning Province of China. Prices of new homes in China rose at a faster pace in October, traditionally a peak season for house hunting, a private survey showed on Friday, suggesting that recent support measures could be having some early impact in a crisis-hit market. The average price across 100 cities edged up 0.29%, compared with the previous month's 0.14%, according to data released by property researcher China Index Academy. On a year-on-year basis, the average price rose 2.08% versus 1.85% growth in September. Average new home prices fell 0.02% from a month earlier in smaller cities last month, the China Index Academy data showed.
Persons: Nomura Organizations: Dalian, China Index, Authorities, Nomura Locations: Dalian, Liaoning Province of China, China, Shanghai, Beijing
After a messy election, the Bank of Japan decided to hold its benchmark policy rate at 0.25%, as expected. These outlook risks highlight that the timing of the next BOJ rate hike could depend heavily on developments overseas, as well as the exchange rate and its impact on the Japanese economy, Otani added. He added that it would surpass the 13 trillion yen ($84.6 billion) allocated in last year's supplementary budget. When Ishiba returns, he is expected to hold an extraordinary Diet session, during which he hopes to pass the supplementary budget plan, according to local news. Then I would probably rule out a rate hike in December, because that would create a lot of uncertainty about the fiscal situation."
Persons: Kazuo Ueda, Stefan Angrick, Angrick, Akira Otani, Goldman Sachs, Otani, Marcel Thieliant, Shigeru Ishiba, Ishibia, Ishiba, Thieliant Organizations: Japan, Bank of Japan, Moody's, Liberal Democratic Party, Asia Pacific, Capital Economics, CNBC, Democratic Party Locations: Tokyo, Japan, Brazil
The monthly jobs report is typically closely-watched watched by traders and creates a reaction in the market. To be sure, storms in the Southeast and the Boeing labor strike were cited as downward pressures on the labor market. To Elizundia's point, fed funds futures are now pricing in 99.9% odds the central bank cuts rates by 25 basis points next week, and an 83.6% chance it lowers borrowing costs by another quarter-point percentage in December. There was no Fed meeting in October. "And yet, a deeper ponder of the numbers suggests that, beneath all the noise and disruption, is a fundamentally slowing labor market.
Persons: , Dow jones, Elizundia, Seema Shah, Shah, Stocks Organizations: Dow, Boeing, Fed, Federal Reserve, Asset Management, U.S Locations: U.S
Abortion is the most-mentioned topic in Democratic closing ads, followed by immigration, health care, bipartisanship, and taxation, according to an analysis of more than 300 TV ads from candidates and joint ads they ran with party committees. The analysis looked at ads, tracked by AdImpact, that aired Wednesday in competitive House and Senate races. Immigration is the top topic in Republican ads, followed by Vice President Kamala Harris, taxation, President Joe Biden, and candidate character. Larry Hogan and Wisconsin businessman Eric Hovde — had TV ads mentioning the issue on Wednesday. In Ohio, one of businessman Bernie Moreno’s closing ads features Trump saying, “Sherrod Brown is a radical left politician.
Persons: Kamala Harris, Joe Biden, Democratic Sens, Jon Tester, Sherrod Brown, Donald Trump, Tester, “ Tim Sheehy doesn’t, Sheehy, It’s, , Larry Hogan, Eric Hovde —, Hogan, Democratic Sen, Tammy Baldwin, , ” Hovde, Amy Walter, Don Bacon, Brandon Williams, Marc Molinaro, California’s Matt Gunderson, Virginia’s Derrick Anderson —, John Tester, Harris, Biden, Trump, Bernie Moreno’s, “ Sherrod Brown, Bernie Moreno, ” Harris, Maryland Democrat Angela Alsobrooks, Pennsylvania Democratic Sen, Bob Casey’s, Casey “ Organizations: Democratic, GOP, Maryland Gov, National Republican, Nebraska, Republican, America, Republicans, ” Immigration, Trump, Maryland Democrat, Democrat, Pennsylvania Democratic, NAFTA Locations: Montana and Ohio, Washington, Wisconsin, New York, In Montana, Ohio, Pennsylvania, China
OpenAI is reportedly teaming up with Broadcom and TSMC to build custom AI chips, per Reuters. OpenAI could have its custom chips by 2026 but is reportedly dropping plans to build its own fabs. AdvertisementBuilding custom AI chips has long been the preserve of a select few tech companies — but OpenAI might be about to join the party. AdvertisementOpenAI's move, which will also reportedly see it incorporate AMD chips into its supply mix, means it would reduce its dependency on Nvidia, the market leader for AI chips. While it's unclear how much OpenAI's reported chip-building push will cost, creating custom AI chips doesn't come cheap.
Persons: OpenAI, , Kate Leaman, Rahul Kulkarni, Maia, Meta, Mark Zuckerberg, Gil Luria, Davidson, Luria, Edward Wilford, Sam Altman, Altman, Pierre Ferragu Organizations: Broadcom, Meta, Google, Service, Reuters, BI, Microsoft, Apple, Tech, Amazon Web, AWS, Nvidia, Big Tech, Street, New, Research, New York Times
Harris delivered a "closing argument" speech at the same spot Trump held his January 6 rally. AdvertisementOn Tuesday evening, exactly one week out from the end of the 2024 race, Vice President Kamala Harris delivered a speech in the heart of Washington, DC that her campaign described as their "closing argument." Her choice to hold the rally at the Ellipse, a 52-acre park sandwiched between the White House and the Washington Monument, was all-important. Harris talked about January 6 in her rally, noting that former President Donald Trump "stood at this very spot" when he delivered his speech that day. AdvertisementAs far as closing arguments go, it may work — particularly when her opponent's own "closing argument" speech at Madison Square Garden was drowned out by one comedian's offensive joke about Puerto Ricans.
Persons: Harris, Trump, , Kamala Harris, Donald Trump, Victoria Leacock Hoffman, Taylor, Missy Elliot's, Mitzi Maxwell, Joe Biden, Eager, Biden, denigrate Trump, he's, Joe Biden's, who's Organizations: Service, White, Capitol, DC, Biden, Democratic, Israel, Trump, Puerto Ricans Locations: Washington, American, America, USA, Florida, Orlando, Gaza, Madison, Puerto
“Presidential endorsements do nothing to tip the scales of an election,” Bezos, the billionaire Amazon founder, wrote. “No undecided voters in Pennsylvania are going to say, ‘I’m going with Newspaper A’s endorsement.’ None. High-profile Post staffers have also publicly expressed their dismay over how the situation was handled and raised questions over the reason for the eleventh-hour decision. “That was inadequate planning, and not some intentional strategy.”Hours after Post publisher Will Lewis announced the news Friday, Trump met with executives from Blue Origin, a Bezos-founded spacefaring company. Neither campaign nor candidate was consulted or informed at any level or in any way about this decision.
Persons: Jeff Bezos, ” Bezos, , I’m, , Kamala Harris, Marty Baron, “ craven, Donald Trump, Harris, Bezos, Will Lewis, Trump, , Dave Limp, , It’s Organizations: CNN, Washington Post, Post, , Amazon, House, Blue, Trump, Blue Origin Locations: Pennsylvania
CNN —The world’s trees are in critical danger, with a staggering number of tree species teetering on the brink of extinction, according to a new global analysis released Monday. The decade-long project found that more than one in three tree species are threatened with extinction, underscoring the scale of the crisis facing our planet’s ecosystems. Kadir van Lohuizen/NOOR/Redux/FILEThe highest portion of threatened trees is found on islands like Fiji, Cuba and Madagascar. The Red List is considered the most comprehensive global source for threatened species and extinction information. Being listed as a threatened species means that the species faces the risk of extinction, sending a serious warning sign that calls on governments and organizations to take urgent conservation efforts to prevent a species’ extinction.
Persons: ” Grethel Aguilar, ” Aguilar, Kadir van Lohuizen, Aguilar Organizations: CNN, International Union for Conservation, IUCN Locations: Cali , Colombia, Colombia, Fiji, Cuba, Madagascar, South America
His crewmate Anna Menon, a SpaceX engineer who was the Polaris Dawn mission’s medical officer, said she was struck by space adaptation syndrome. The Polaris Dawn crew poses in space, from left: Sarah Gillis, Jared Isaacman, Scott Poteet and Anna Menon. Sarah Gillis wears a special contact lens in this photo taken prior to the Polaris Dawn flight on April 29. In all, the Polaris Dawn team carried out 36 experiments on behalf of 31 partner institutions, including universities and NASA. Courtesy TIME StudiosAnother experiment that the Polaris Dawn crew underwent to understand in-space ailments involved a series of MRI scans just before liftoff and immediately after returning to Earth.
Persons: ” Scott “ Kidd ” Poteet, CNN’s Dr, Sanjay Gupta, Anna Menon, Polaris Dawn, ” Menon, , , NASA —, Sarah Gillis, Jared Isaacman, Scott Poteet, Isaacman, ” Isaacman, … That’s, , Earth’s Van Allen, Poteet, John Kraus, Menon, you’re, Dr, Allison Hayman, Uber, Donna Roberts, Roberts, Gillis, It’s, ” Gillis Organizations: CNN, Polaris, US Air Force, SpaceX, NASA, Polaris Program, Polaris Program NASA, University of Colorado, TIME, ISS, Laboratory Locations: University of Colorado Boulder
Elon Musk's super PAC has spent over $200,000 on advertising on X. AdvertisementElon Musk's super PAC has spent hundreds of thousands of dollars to promote content on X, underscoring how the billionaire businessman's politics and business ventures are continuing to collide. Make your plan to vote today and help President Trump win Georgia and secure the border! — America PAC (@theamericapac) September 1, 2024A spokesperson for America PAC declined to comment. America PAC has spent over $100 million to elect Trump, as well as at least $10 million on over a dozen House GOP candidates.
Persons: Elon, , Musk, Kamala Harris, Harris, Trump, Donald Trump Organizations: Elon Musk's, Service, PAC, Georgia, America PAC, WIRED Locations: Musk's, Arizona , Nevada , Pennsylvania, Michigan , Wisconsin, Georgia, North Carolina, America
Planning the local stops now can be as labor-intensive for campaign staff as putting on a full event, the sources said. The limitations on local stops is the new reality as both candidates race across battleground states in what polling has shown to be a contest that hangs within the margin of error. “In order to maintain operational security, the U.S. Secret Service does not discuss the specific means and methods used to conduct its protective operations. However, in this increased threat environment, the Secret Service is constantly adjusting our protective posture to ensure the highest levels of protection at all times and in all places,” U.S. Secret Service spokesperson Special Agent Matt Young said in a statement to NBC News. The McDonald's was closed for normal business, and the cars that went through the drive-thru were pre-selected and screened by Secret Service in advance.
Persons: Kamala Harris, Donald Trump’s, they’ve, , Harris, typify, Matt Young, , Trump, Sen, JD Vance, Ohio, ” Vance, That’s, Vance, he’ll, Joe Biden, Charlemagne Tha God Organizations: Secret Service, Trump, Secret, NBC News, Service, bodega, Fox Locations: U.S, Butler , Pennsylvania, Harlem, Pennsylvania, Williamsport , Pennsylvania, Michigan, Detroit
But it can be prevented with a vaccine: polio cases worldwide have been reduced by more than 99% since the 1980s thanks to immunization campaigns. A health worker administers a polio vaccine to a child in a downtown area of Lahore, Pakistan, on September 9, 2024. In September, armed militants killed a police officer protecting a polio vaccination site in the northwest city of Bannu, prompting protests. But in some cases, children have been incorrectly marked as having been vaccinated when they haven’t, Kakar said. The country is launching a new nationwide polio vaccination campaign on October 28 with the aim of inoculating 45 million children under age 5.
Persons: Ayesha Raza, Osama, Laden, Raza, , Aftab Kakar, , they’ve, Kakar Organizations: Pakistan CNN, Polio, Pakistani, World Health Organization, WHO, United, International, CNN, Emergency, Health Locations: Islamabad, Pakistan, Afghanistan, United Nations, Gaza, Pakistani, Abbottabad, Lahore, Balochistan, Khyber Pakhtunkhwa, Bannu, Bajaur
Human life has no price and is not a commodity.”People demonstrate near Italy's Senate this week to oppose the country's new legislation. Francis has shifted the church’s approach on welcoming LGBTQ people, but has maintained a strong line opposing both abortion and surrogacy. The new Italian law does not differentiate between same-sex and heterosexual couples, nor between altruistic or paid surrogacy, but it will disproportionately affect the LGBTQ community, advocates fear. “Law or no law, same-sex families exist and will continue to exist. LGBTQ activists who protested outside the Senate on Wednesday said that heterosexual couples make up 90% of all surrogacies.
Persons: Giorgia Meloni’s, Pope Francis an, Meloni, Simona Granati, Francis, , , ” Laura Boldrini, ” Alessia Crocini, Michela Calabro, Mauro Scrobogna, Elon Musk, Francis ’ Organizations: CNN, Italy, Catholic Church, Italian Catholic Church, Italy's Senate, Catholic, , Families, European Union Locations: Italy, United States, Canada, Italy's, Vatican, Italian, ” Italy, , Albania
GREEN BAY, Wis. — Vice President Kamala Harris slammed former President Donald Trump on Thursday night, chiding him for calling himself “the father of IVF.”“He refuses continuously to acknowledge the harm he has caused. The crowd heckled and howled at each of the segments, which ended with a Fox News town hall in which Trump took questions from women. "It does get more unbelievable,” one could be heard saying. She did not want to give her name, she said, because she lives in a “divided family” — her husband supports Trump. In the final stretch of the race, survey after survey has shown Harris and Trump neck and neck.
Persons: Kamala Harris, Donald Trump, chiding, , ” Harris, Trump, Wade, incredulously, Harris ’, , Harris, Rallygoer Linda Patzke, Mark Cuban, ’ ” Harris, We’re Organizations: Fox News, , Trump, Marquette Law, Milwaukee, U.S . Capitol, Medicaid Locations: GREEN, Wis, Roe, Pittsfield , Wisconsin, Wisconsin, Green
Carlos Tavares, chief executive officer of Stellantis NV, beside a Citroen C5 Aircross Concept automobile at the Paris Motor Show in Paris, France, on Monday, Oct. 14, 2024. So, Citroen, Peugeot [and] Renault, they are all showing some smaller affordable models," Poliscanova said. The partly covered wheel of a BYD Co. electric vehicle at the Paris Motor Show in Paris, France, on Tuesday, Oct. 15, 2024. "This year in Europe, we did not have affordable models, so people are not buying those overpriced premium vehicles. Not that many full electric vehicles in Europe for less than that price," he added.
Persons: Carlos Tavares, Julia Poliscanova, Poliscanova, carmaker, Environment's Poliscanova, JATO, Denis Le Vot, CNBC's Charlotte Reed, Le Vot Organizations: Stellantis, Citroen, Paris, Bloomberg, Getty, Europe's, Transport & Environment, CNBC, Peugeot, Renault, carmaker Renault, Tech, Auto, Parc des, Chesnot, U.S, Beijing, Dacia, EV Locations: Paris, France, PARIS, Europe, China, Dacia, EVs, Parc, U.S
A customer during the grand re-opening of a Century 21 department store in New York, US, on Tuesday, May 16, 2023. Retail sales increased a seasonally adjusted 0.4% on the month, up from the unrevised 0.1% gain in August and better than the 0.3% Dow Jones forecast, according to the advanced report. Excluding autos, sales accelerated 0.5%, better than the forecast for just a 0.1% rise. The numbers are adjusted for seasonal factors but not inflation, which rose 0.2% on the month as measured by the consumer price index. Despite the decline in initial filings, continuing claims, which run a week behind, edged higher to 1.867 million.
Persons: Dow Jones, Helene, Milton Organizations: Federal Reserve, Commerce Department, Dow, Labor Department, Stock, Boeing Locations: New York, Florida, North Carolina, U.S, Michigan
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