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On the cusp of her 50th birthday, aging expert Debra Whitman had questions. CNN: What else contributes to healthy aging? We, as a country, need to prepare for an aging population so that everyone can live a long and healthy life. Author and aging expert Debra Whitman speaks at CareFest at UCLA on November 2, 2023. I want to live a long and healthy life through my “second 50.” So doing those things now — to build up relationships, to build up values — really matters.
Persons: Will, Debra Whitman, healthily, , Whitman, Debra Whitman's, , they’re, Katie Williams, ” she’d, Katie, it’s, They’ve, Robert Waldinger, Diane Meier, Deb, Meier, can’t, Phillip Faraone, Terry Ward Organizations: CNN’s, CNN, US, Aging, Pew Research, AARP, Academies, Kiwi, , Harvard, CareFest, UCLA Locations: Singapore, Zealand, Rotorua, New Zealand, Tampa
Affirm beats on top and bottom lines
  + stars: | 2024-11-07 | by ( Mackenzie Sigalos | ) www.cnbc.com   time to read: +3 min
Affirm , the provider of buy now, pay later loans reported better-than-expected fiscal first-quarter results. Revenue less transaction costs (RLTC) came in at $285 million, ahead of earlier guidance of $265 million to $280 million. Affirm said it expects to achieve profitability on a GAAP basis in its fiscal fourth quarter of 2025. Affirm is guiding to GMV in the range of $9.35 billion to $9.75 billion. In June, Affirm and Apple announced plans for U.S. Apple Pay users on iPhones and iPads to be able to apply for loans directly through Affirm.
Persons: Max Levchin, StreetAccount, Kevin Kennedy, Kennedy, , Robert Hum Organizations: Revenue, Apple, U.S Locations: LSEG
AppLovin shares soared 45% on Thursday after the online gaming and advertising company issued guidance that was well above estimates and reported better-than-expected earnings and revenue. For the fourth quarter, AppLovin sees revenue of $1.24 billion to $1.26 billion, representing growth of about 31% at the middle of the range. The company said software platform revenue in the quarter increased 66% to $835 million, driven by improvements in AXON's models. Net income in the quarter increased 300% to $434.4 million, or $1.25 a share, from $108.6 million, or 30 cents a share, a year earlier. "AppLovin continues to impress with outsized revenue growth and incredible EBITDA conversion," analysts at Wedbush wrote in a report on Thursday.
Persons: It's, AppLovin, Wedbush, Adam Foroughi, it's, Foroughi, CNBC's CJ Haddad, Unity Organizations: Revenue
Nurphoto | Nurphoto | Getty ImagesDonald Trump's election victory over Vice President Kamala Harris marks a historic return to the White House — an extraordinary political comeback that is likely to have seismic ramifications for the global economy. The former president's litany of campaign pledges include steep tariffs, tax cuts, deregulation and a push to withdraw from key global agreements. Trump's favorite wordTrump has previously described "tariff" as his favorite word, calling it "the most beautiful word in the dictionary." And we don't see Trump's secondary tariff pledge — that baseline tariff, which would hurt European companies — as being all that feasible," Galbraith said. Analysts have warned that Trump's plan to impose universal tariffs are highly likely to raise prices for consumers and slow spending.
Persons: Donald Trump's, Kamala Harris, Trump, Lizzy Galbraith, Abrdn, Galbraith, CNBC's, Donald Trump, Ben May, Mitchell Reiss Organizations: Nurphoto, Getty, European Union, Bloomberg, Trump, Oxford Economics, Signum Global Advisors, Macquarie Group, Royal United Services Institute Locations: Binzhou, China, Florida, U.S, Mexico, Greensboro , North Carolina, Ukraine, Europe, Asia, Qingdao Port, Shandong province, Qingdao, American
Nissan is cutting 9,000 jobs globally to reduce costs, the company said Thursday. Nissan will cut production capacity by 20% and executives will take pay cuts. AdvertisementNissan is cutting 9,000 jobs globally in an effort to cut costs, the Japanese automobile giant said in an earnings statement on Thursday. Nissan said that sales volumes decreased year-on-year to 1.6 million cars, hurt by higher selling and production costs, particularly from the US. Along with the layoffs, Nissan is cutting production capacity by 20%.
Persons: , Makoto Uchida, Guillaume Cartier, Carlos Ghosn Organizations: Nissan, Service, Automotive News, Automotive Locations: Africa, Middle East, India, Europe, Oceania, China, North America, Japan, Lebanon
Discovery says it will beef up ads on its Max streaming service. Max added 7.2 million subscribers in its third quarter, reaching 110.5 million total subscribers. Discovery's Max streaming service. The newest player in streaming ads, Amazon, recently said it would increase its ad load in Prime Video after rolling out ads to the service in January. Rival Netflix, by comparison, added 5.1 million subscriptions in its most recent quarter and now has 282.7 million subscribers in total.
Persons: Max, , WBD, JB Perrette, Perrette, Jennifer Halloran Max, we're, David Zaslav, Jon Steinlauf, who's Organizations: Warner Bros, Service, Boston Red Sox, HBO, Media, DC, Paramount, Pluto, Nielsen, Netflix Locations: Max
Over the past few years, he said, it's looked for factories in other countries, including Cambodia, Vietnam, Mexico and Brazil. Rosenfeld said about two-thirds of Steve Madden's business are U.S. imports. Of that, he said, "we currently source a little bit more than 70% of those goods from China." That means slightly less than half of its business would be at risk of tariffs on Chinese imports, he said. He said the company has moved more of its production outside of China since tariffs began under Trump's first administration.
Persons: Steve Madden, Donald Trump, Edward Rosenfeld, it's, " Rosenfeld, Steve Madden's, Trump, Tarang Amin, Trump's, Kate Spade, Scott Roe, we've, Gabrielle Fonrouge Organizations: Retail Locations: China, Cambodia, Vietnam, Mexico, Brazil
CNN —Residents in a small South Carolina town are finding themselves in the middle of a real-life game of Jumanji after 43 monkeys escaped Wednesday from a research facility. The rhesus macaque primates are all still on the loose after escaping from the Alpha Genesis Primate Research Center in Yemassee, town administrator Matthew Garnes said late Thursday morning. In an update shortly before noon, police said Alpha Genesis had eyes on the monkeys and were attempting to entice them with food. The young primates – all female and between 6 to 7 pounds – have never been used for testing and are too young to carry disease, police said. The Alpha Genesis test facility specializes in nonhuman primate research for the biomedical research community.
Persons: Matthew Garnes, Alpha Genesis, , ” Garnes Organizations: CNN, Residents, Alpha Genesis Primate Research, Yemassee Police, Alpha, Police Locations: South Carolina, Yemassee, , Beaufort, Courier, Beaufort County
CNN —A pair of rare Ming Dynasty fish jars dating from the 16th century have sold for £9.6 million ($12.5 million) at auction, smashing their estimate of £1 million ($1.3 million). “This remarkable result makes it the highest priced Chinese work of art sold at auction worldwide this year,” said Sotheby’s. Part of the lot’s appeal was the fact that this was the first ever appearance of a complete pair of fish jars with covers at auction. There is only one other covered pair known to be maintained together, and they are held by the Musée Guimet in Paris. Tristan Fewings/Getty ImagesIn addition, there are only three known single jars that still have covers, all of which are in private collections.
Persons: , Tristan Fewings, Sotheby’s “, , Nicolas Chow, ” Chow, you’ve, Organizations: CNN Locations: Asia, Paris, Wiesbaden, China, Europe
At the same time, it has still prioritized building offensive ballistic missiles to deter and strike its adversaries. Several reports go so far as to report that Iran's entire arsenal of Russian-built S-300 air defense systems was hit. Related storiesThere are reasons to be skeptical about the extent of damage to Iran's air defenses. Israel's attack was retaliation for Iran's enormous October 1 ballistic missile strike. Unlike its foe Israel, which has built one of the world's most advanced air defense systems, Iran has focused on developing strike missiles.
Persons: , Tehran's, Joe Biden's, Amos Hochstein, hasn't, Arash Azizi, Boston University's Frederick S, James Devine, Israel, Farzin, Nadimi, Azizi, Devine Organizations: Service, Boston University's, Pardee Center, Iran's, Department of Politics, Relations, Mount Allison University, Washington Institute for Near East, AIM, Phoenix, Soviet Union, American Hawk Locations: Iran, Russia, Ukraine, Israel, Tehran, Moscow, Iraq, Soviet, American, China, North Korea
Exercising at specific times of day could lower colorectal cancer risk, a new study found. Colorectal cancer rates have fallen since the '80s, but have risen in under-55s by 1 to 2% yearly since the mid-'90s. Previous studies have found that people who exercise regularly have a lower colorectal cancer risk than those who don't. After five years, 529 of the participants were diagnosed with colorectal cancer, also known as bowel cancer. "Every movement counts for reducing colorectal cancer risk, meaning that doing any amount of physical activity is better than none," Orange said.
Persons: , Michael Leitzmann, Sam Orange, It's, Michael Shusterman, NYU Langone's Organizations: Service, BMC Medicine, University of Regensburg, University of Newcastle, International, of Cancer, American Cancer Society, Society, NYU, NYU Langone's Perlmutter Cancer Center Locations: Germany, UK, Long
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
Trump’s Hispanic vote percentage beat the previous record, set by George W. Bush's in 2004, when Bush won as much as 44% of the Hispanic vote. Pennsylvania voter Regino Cruz, 25, said Tuesday that he voted for Trump, believing the former president could improve the economy. In the battleground state of Pennsylvania, 4 in 10 Latino voters supported Trump, up from 3 in 10 in 2020. Carlos Odio, co-founder of Equis Research, a Democrat-leaning polling and research company, said Latino voters who backed Trump liked his prioritization of the economy. “Trump is going to put an end to that.”Hispanic men were key in propelling Trump to victory and a historic Latino vote share.
Persons: Donald Trump, Kamala Harris, Trump, George W, Bush, Barack Obama, Hilary Clinton, joe Biden, Harris underperformed Biden, underperformed Biden, Regino Cruz, , Cruz, John B, Puerto Rico, Harris, Sen, Ted Cruz of, Ethan Miller, Eduardo Gamarra, ” Gamarra, Biden, Carlos Odio, ” Odio, , Odio, Justin Hamel, Artemio Muniz, Muniz, Kalman Nunez, “ Trump, Fernando Rivera, Danny Martinez, Yahaira Rodríguez, ” Christianea Valentine, Vianca Rodriguez Organizations: House, Republican, NBC, Trump, Stetson Middle School, Puerto, Telemundo, CNBC, Democratic, Republicans, Ted Cruz of Texas, Department, Florida International University, Equis Research, Democrat, National Guard, Border Patrol, Bloomberg, Getty, Federation of Hispanic Republicans, Puerto Rico Research, University of Central, Locations: Wisconsin, Michigan, Pennsylvania, Texas, Florida, Puerto Rican, Northern Philadelphia, Starr County , Texas, Miami, Dade , Florida, Clark, Las Vegas, U.S, , New York, New Jersey, Mexico, Sasabe, Milwaukee, Puerto Rico, University of Central Florida, Philadelphia
It’s forecast to move near or just east of Cuba’s Isle of Youth on Wednesday afternoon and make landfall in western Cuba later on Wednesday. Rafael is forecast to bring life-threatening storm surge, damaging hurricane-force winds and flash flooding to portions of western Cuba, forecasters warned. Hurricane conditions are expected in western Cuba and the Isle of Youth on Wednesday. Rainfall totals of 1 to 3 inches are expected for the lower and middle Florida Keys. Several tornadoes are also possible through Wednesday evening over the Florida Keys and far southwestern Florida mainland.
Persons: Rafael, Sancti, Ciego de Avila Organizations: NHC, Saffir, Simpson, Cayman, Pinar, Villa Clara, Florida Locations: Cuba’s Isle, Cuba, Mexico, Cayman Islands, Cuban, Pinar del Rio, Mayabeque, Matanzas, Isle, Villa, Cienfuegos, Florida, Key, Caribbean, U.S
Vice President Harris is expected to call President-elect Donald Trump on Wednesday to concede the 2024 presidential race and is also expected to speak publicly, according to two Harris aides. NBC News called the presidential race Wednesday morning, projecting that Trump won just after 5:30 a.m. Harris, 60, launched her presidential campaign after President Joe Biden, 81, withdrew from the race on July 21 and endorsed her as the Democratic Party's nominee. While Harris had about three months to campaign, Trump launched his re-election campaign, his third for president, shortly after the 2022 midterm elections that November. Polls had shown in recent weeks that the race was dead even and Harris faced a gender gap in which more men, specifically white men, were backing Trump.
Persons: Harris, Donald Trump, she's, Joe Biden, Trump, Biden, Roe, Wade, , ” Trump Organizations: Howard University, Trump, White, White House, NBC News, Democratic Party's, NBC, Capitol Locations: Florida, While Nevada, Michigan, Arizona, Pennsylvania, Georgia, North Carolina, Wisconsin, Ukraine, New York
The U.S. election was a spectacle around the world, as people gathered to watch rolling coverage at parties from Bangkok to London. Bars and restaurants were packed all through the night, with cocktails and cakes served as revelers posed with cardboard cutouts of the candidates at venues decked out with U.S. flags and political regalia. Watch parties organized by supporters from both sides were held in Europe, the Middle East and Asia, with crowds of expats tuning in to witness Donald Trump’s victory.
Persons: Donald Trump’s Organizations: London . Locations: Bangkok, London, Europe, East, Asia
President Volodymyr Zelenskyy welcomed Trump’s “decisive leadership” and his “‘peace through strength’ approach in global affairs.”Some Ukrainians were nonplussed by what they saw as the equivocal support provided by President Joe Biden — despite that totaling some $175 billion since 2022 — and say they remain optimistic Trump could offer a new start. “Poland’s leadership will rise to the occasion.”Freed from the responsibility of having to retain diplomatic ties with Trump, some of Europe’s mayors appeared more willing to speak openly about the president elect. Paris Mayor Anne Hidalgo said Trump’s win was “bad news for the world, democracies, Europe, climate, women and Ukraine, a country fighting for our freedom.” She accused Trump of “playing his part” in undermining democracy and the rule of law. “Others will be worried about the future of NATO or tackling the climate crisis.”Beijing most likely sees danger, too, in Trump’s unpredictability as well as his promised 60% tariffs on Chinese goods. But may also see opportunity in what is viewed as his isolationist ability to diminish American influence around the world.
Persons: Volodymyr Zelenskyy, Trump’s, , Joe Biden —, Trump, ” Radek Sikorski, , ” Freed, Paris Mayor Anne Hidalgo, Sadiq Khan Organizations: Trump, Paris Mayor, U.S, , NATO Locations: Poland, Russia, Europe, Ukraine, London, Beijing
The results and exit poll data reveal the undercurrents of what has shaped a hotly contested election full of twists and turns. Here are five takeaways from election night 2024. Trump won the support of 45% of Latino voters nationally compared with 53% for Harris, the NBC News Exit Poll found. Harris gains with white women and college graduatesThe election showed signs of a racial realignment: Republicans made gains among nonwhite voters, while Democrats gained a few points among white voters, primarily women. The reason is that the fight for the chamber's majority is playing out on a different battlefield from the one for the White House and the Senate.
Persons: Donald Trump, Kamala Harris, Trump, Harris, Joe Biden’s, George W, Bush, Roe, Wade, Mike Johnson, Hakeem Jeffries, they've Organizations: NBC, Republicans, Senate, Trump, Senate Democrats Democrats, Democratic, Poll, Biden, White, Competitive, Getty Locations: Trump, Pennsylvania, Arizona, West Virginia, Ohio, Texas, Florida, Nebraska, D, New York, California, Washington
Wendy Altschuler brought her three sons on a 70-mile hike along California's John Muir Trail. Her oldest son put his first aid course to good use while helping his little brother. On our JMT backpacking trip, we cooked meals together, filtered and treated water, set up our tents, and marveled over the day's explorations. Altschuler's oldest son caught, gutted, and cooked a fish. Wendy AltschulerLessons learnedIn the backcountry, after a long time spent casting and hoping, my oldest son caught, gutted, and cooked a fish.
Persons: Wendy Altschuler, John, , California's John Muir, you've, Conan O'Brien Organizations: Service Locations: John Muir, California's
He also believes Russia is also betting on “US turmoil” under Trump, hoping internal divisions will “distract” Trump from foreign policy. Zelensky, like the others playing to Trump’s vanity through praise, said: “I appreciate President Trump’s commitment to the ‘peace through strength’ approach in global affairs. Those are the central questions now facing Seoul, as Trump has openly considered downsizing the approximately 28,500 US troops stationed in South Korea. Seoul currently pays $1.13 billion annually for American military forces within its territory, a figure which under an agreement signed Monday is expected to rise to $1.26 billion annually in 2026. A screens shows live footage of Donald Trump speaking during a news program in Seoul, South Korea, on November 6, 2024.
Persons: Donald Trump, Trump, CNN’s Clare Sebastian, Vladimir Putin, Hillary Clinton, Clinton, Putin wryly, Joe Biden, Vance’s, Pavel Bednyakov, AP “ Trump, , Dmitry Medvedev, Margarita Simonyan, “ Trump, Dmitry Peskov, , ” Boris Bondarev, ” Trump, Matthew Chance, Benjamin Netanyahu, ” Netanyahu, Biden, , Kamala Harris –, Trump’s, Amir Levy, trepidation, America’s, Nic Robertson, Annalena Baerbock, Baerbock, Remko de, Mark Rutte, Jens Stoltenberg’s, Stoltenberg, Putin, ” Baerbock, Steven Jiang, Xi Jinping didn’t, Xi, Washington’s, Florence Lo, Harris, Will Ripley, Lai Ching, Vance, Lai, Taiwan’s, Kamala Harris, Chiang Ying, Mike Valerio, they’d, They’d, Camp Humphreys, Lee Jin, Will Trump, Kim Jong, Robert C, Kim, Larry Madowo, Ghana Trump, Uhuru Kenyatta, Akinwumi Adesina, Osinbajo, Hailemariam Desalegn, Jonathan Ernst, George W, Bush, It’s, Stefano Pozzebon, Javier Milei, El, Nayib Bukele, Bolsonaro, Gustavo Petro, Mexico’s Claudia Sheinbaum, Sheinbaum, Del Cueto, Rebecca Noble Organizations: CNN, United, Democratic National Committee, Trump, International Media, AP, RT, Kremlin, White, Israel, White House, America, Iranian, German, NATO, European Union, Getty, Dutch, Democratic, Reuters, South China, Taiwan : Defense, Party, Taiwan, Taiwan Relations, Washington, Congress, Kuomintang, KMT, Economic, of Chicago, Bloomberg News, Army, South, North, Korean, Kenyan, Guinea Alpha Conde, Trump , African Development Bank, Ethiopian, Republican, AIDS Relief, Biden, Conservative, Progressives, US, Mexico “, Border Patrol Council Locations: Russia, East, Europe, China, Taiwan, Korean, Africa, Ukraine, CNN’s, London, Moscow, Russian, Kyiv, American, , Jerusalem, Israel, America, Gaza, Lebanon, Iran, Tehran, Hamas, Germany, Soviet, United States, United Kingdom, The Hague, Netherlands, Remko de Waal, Trump, Beijing, , Shanghai, South, Taipei, Asia, Seoul, South Korea, Korea, North Korea, Japan, Tokyo, Washington, Pyongyang, Accra, Ghana, Tanzania, Zambia, Guinea, Trump ,, Nigeria, AFP, Angola, Bogotá, Colombia, Mexico, Venezuela, Nicaragua
Detailed below is how a second Trump presidency is expected to impact American wallets. Trump's plan to cut the corporate tax rate is generally viewed as bullish for earnings, particularly for the consumer-discretionary, communication-services, and financial sectors. Further, if Trump's presidency is inflationary and leads to interest-rate hikes, that would hit housing affordability in the form of higher mortgage rates, which track the Federal Reserve's benchmark. AdvertisementThe former president has also said he plans to extend his slew of tax cuts from the Tax Cuts and Jobs Act of 2017 — also known as the "Trump tax cut." Trump's plan for universal tariffs is seen as offsetting a positive tax impact and would be especially costly for lower-earning Americans.
Persons: Donald Trump, , Trump's, Trump, bitcoin, Vance Organizations: Trump, Service, Biden, White
The West WingOne of Trump’s most important picks will be his White House chief of staff. Karoline Leavitt, who was Trump’s campaign spokeswoman, is being considered as White House press secretary – a job that typically is the most public-facing position in the White House. National security postsTrump has suggested his national security team would be tasked with reassessing the United States’ posture toward Ukraine and Russia, China, Iran, and the simmering conflict in the Middle East. The debate over a renewed Trump’s “America First” agenda is expected to pit Republican national security hawks against the party’s isolationist wing. Secretary of state and national security adviser will be among the most hard-fought positions to stand at the forefront of those shifts.
Persons: Donald Trump’s, Trump, Howard Lutnick, Linda McMahon, John McEntee, Cliff Sims, Ross Werner, Goldman Sachs, Trump’s, John Kelly, Susie Wiles, Wiles, Russ Vought, Brooke Rollins, Bob Lighthizer, Karoline Leavitt, , Musk, Robert F, Kennedy Jr, Elon Musk, helms, Kennedy, , Ken Paxton, Matt Whitaker, Jeff Sessions, Sen, Mike Lee of, of National Intelligence John Ratcliffe, Mark Paoletta, Kash Patel, Patel, Christopher Wray, James Comey, Jeffrey Jensen, Louis, Bill Barr, Jensen, Michael Flynn, Barr, Florida Sen, Marco Rubio, Tennessee Sen, Bill Hagerty, Richard Grenell, Grenell, ” Arkansas Sen, Tom Cotton, Keith Kellogg, Ratcliffe, Gina Haspel, Cotton, Mike Waltz, Mike Pompeo, Elise Stefanik, She’s, Morgan Ortagus, David Friedman, Kelly Craft, Scott Bessent, “ He’s, MAGA, he’s, Elon, Hank Paulson, George, Jay Clayton, Lighthizer, McMahon, Doug Burgum, flinch, Jamieson Greer, CNN’s Kevin Liptak, Alayna Treene, Hannah Rabinowitz, Kylie Atwood Organizations: CNN, Trump, White House, Heritage Foundation, White, Pentagon, West, America, Policy Institute, RFK Jr, SpaceX, Senate, Republicans, PAC, Department of Health, Human Services, Environmental Protection Agency, Department of Agriculture, Justice and Homeland Security, of National Intelligence, Conservative, FBI, Republican, Central Intelligence Agency, CIA, New York Republican, House GOP, United Nations, UN, State Department, Soros, Goldman, George Bush’s, Department, Chinese Communist Party, Securities and Exchange Commission, Treasury, Commerce Department . North Dakota Gov, US Trade Locations: Trump, Central Park, Texas, Mike Lee of Utah, Beach, St, United States, Ukraine, Russia, China, Iran, Florida, Tennessee, Japan, Germany, ” Arkansas, Barr, UN
Transactional, personality-based and erratic, the Trump doctrine made for a chaotic four years that left both foreign leaders and seasoned American national security aides exhausted and jittery. World leaders are open to all options, including making trips to New York or Trump’s Mar-a-Lago estate in Florida, sources said. Foreign leaders are relying on their experience with Trump during his first presidency, when flattery and personal attention paid dividends, as they approach him following his win. And that, in the end, could sum up Trump’s foreign policy doctrine in a sentence. The first clues about Trump’s policy will be the appointments he makes to senior national security positions.”CNN’s Alayna Treene contributed reporting.
Persons: Donald Trump, Trump, Trump’s, he’s, Joe Biden, , Benjamin Netanyahu, Emmanuel Macron, Macron, , Prince Mohammed bin Salman, Jamal Khashoggi, Mark Rutte, he’d, Shinzo Abe, Angela Merkel, Vladimir Putin —, , Dmitry Peskov, “ Let’s, Kim Jong Un, Xi Jinping, Xi, Putin, It’s, Mike Pompeo, Keith Kellogg, Mike Pence, Richard Grenell, Brian Hook, John Herbst, United States — Putin, ” Herbst, Alayna Treene Organizations: CNN, Trump, American, NATO, Israeli, Saudi, CIA, Biden, State Department, Republican Party, Council’s Eurasia Center Locations: Paris, Jerusalem, Riyadh, Washington, Florida, , Ukraine, North Korea, Iran, China, masse, Russia, New York, Lago, Trump, Taiwan, Beijing, Trump’s, Germany, , United States, Europe
Here’s what Trump is proposing for the economy
  + stars: | 2024-11-06 | by ( Katie Lobosco | Tami Luhby | ) edition.cnn.com   time to read: +10 min
This includes, among other things, an increase to the standard deduction, lower marginal income tax rates for most income brackets, and an increase to the estate tax exemption. Though his campaign hasn’t released details on the proposal, Trump has indicated that he would eliminate both federal income taxes and payroll taxes, which fund Social Security and Medicare. However, these workers would then get smaller Social Security payments after they retire. Around half of beneficiaries – mainly those with higher incomes – pay federal income tax on their Social Security payments. Trump has also floated ending the federal income tax and replacing it with revenue from tariffs.
Persons: Donald Trump, Trump, Kamala Harris, hasn’t, Ohio Sen, JD Vance, He’s, Harris, Elon Musk, John Deere, ” Vance Organizations: Washington CNN —, Security, Democratic, Social Security, Center, Social, Budget, Trump, Biden, Republican Party, ” Invest, Federal Reserve Locations: Las Vegas, Mexico, Canada, Midwest
Detailed below is how a Trump presidency is expected to impact American wallets. Trump's plan to cut the corporate tax rate is generally viewed as bullish for earnings, particularly for the consumer-discretionary, communication-services, and financial sectors. Trump's plan for universal tariffs is seen as offsetting a positive tax impact and would be especially costly for lower-earning Americans. Trump has proposed expanding the child tax credit, which currently provides up to $2,000 per child. In August, the vice presidential candidate JD Vance floated a child tax credit proposal that would include $5,000 per child for families of all income levels.
Persons: Donald Trump, , Trump, bitcoin, Vance Organizations: Trump, Service, Biden, White Locations: Americas
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