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Some of the ads feature doctors speaking passionately about abortion and saying that Republican candidates shouldn't represent "us" or "our" communities in Congress. But in at least four instances, House Majority PAC, a super PAC aligned with House Democratic leadership, featured Republican-blasting doctors in their ads who did not live in the district where they were advertising. The path to the House majority runs through all four of the districts where these ads ran. Since then, both doctors and patients have often become key personal messengers on abortion for Democrats. But Republicans blasted House Majority PAC over the ads, calling them misleading and accusing the group of spreading falsehoods about GOP incumbents and candidates.
Persons: Gabe Evans “, Lori Chavez DeRemer, Emily Schneider, Evans, Michelle Berlin, Lowe, Chavez, Destinie Marquez, Yvette Herrell, ” Marquez, Joe Biden’s, Melanie Stansbury, Juan Ciscomani, Sen, Kirsten Engel, Dr, Sigrid Williams, , Roe, Wade, Williams, Amy Walter, here’s, Hakeem Jeffries ’, Will Reinert, Marquez, Schneider, Lori Chavez, Gabe Evans, Janelle Bynum, Jeff Potts, Susan Wild, ” Potts, Potts, Mike Eby, Vasquez, Gabe Vasquez, , ” Eby, Luna County Sheriff Raymond Cobos, Derrick Anderson, Anderson Organizations: PAC, House Democratic, Republican, New, Colorado GOP, , GOP, OB, University of Colorado, University of New, University of New Mexico Hospital, Democratic, NBC, Republicans, House, National Republican Congressional, NBC News, HMP, Congressional, Fund, House Republican, New York Post, Post, Congress, Luna County Sheriff, New York Times, Army Green Locations: New Mexico’s, Arizona’s, Colorado’s 8th, Oregon’s 5th, Colorado, Oregon, Colorado ’, Oregon’s, New Mexico, Arizona, University of New Mexico, Albuquerque, Joe Biden’s State, Arizona’s 6th, Arizona’s 7th, Berlin, Colorado’s 6th, state’s, Pennsylvania’s, Luma County, Washington, Luna County, Virginia
OpenAI CEO Sam Altman speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024. OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive roster of investment firms and big tech companies. Thrive planned to invest $1 billion in the round, CNBC previously reported. Earlier this year, OpenAI was valued at a reported $80 billion, up from $29 billion in 2023. There are also 11 million ChatGPT Plus subscribers and 1 million paying business users on ChatGPT, a person close to the company said.
Persons: Sam Altman, OpenAI, SoftBank, Sarah Friar, Friar, Mira Murati, Bob McGrew, Barret Zoph, Altman, Bret Taylor, Sam, Taylor Organizations: Microsoft, Nvidia, CNBC, New York Times, OpenAI, Italian Tech, Khosla Ventures, Fidelity, MGX, Tiger Global Locations: Redmond , Washington
When buying healthcare coverage through the ACA marketplace, people can qualify for premium tax credits, which aim to make health insurance payments more affordable. According to KFF, these enhanced subsidies or premium tax credits caused a surge in enrollment in the ACA marketplace. AdvertisementThe election could shape the future of enhanced premium tax creditsThe November election could determine the future of the enhanced subsidies. The Congressional Budget Office estimates that the premium tax credits will cost taxpayers $335 billion over the next 10 years. Do you qualify for enhanced premium tax credits Please reach out at jtowfighi@businessinsider.com.
Persons: KFF, , Kamala Harris, Donald Trump, Cynthia Cox, Sen, Jeanne Shaheen, Tammy Baldwin, Lauren Underwood, We've, Cox, Claire Heyison, CBPP, Harris, that's Organizations: Service, Affordable, American, Senate, Cox, ACA, Budget, Trump, Republican, Congressional, Reuters Locations: enrollees, KFF . Florida, Texas, Georgia, North Carolina, Washington
Humana – Shares plunged more than 22% after the healthcare company announced dire preliminary Medicare Advantage data for 2025. China stocks – Shares of Chinese companies continued to gain amid the broader stimulus rally . Diamondback Energy – The oil stock rose 3% following an upgrade to overweight from equal weight at Barclays. Energy stocks – Shares of energy companies rose following Iran's missile attack on Israel . APA Corp and Marathon Oil both rose more than 2%, and Occidental Petroleum rose more than 1%.
Persons: PDD, Alibaba, Lamb Weston –, Lamb, Betty Jiang, Diamondback, Dan Arnold, Rich Steinmeier, Davidson, , Lisa Kailai Han, Jesse Pound, Sarah Min, Michelle Fox Theobald Organizations: Nike –, Nike, Li Auto, Baidu, Diamondback Energy, Barclays, Endeavor Energy Resources, LPL, LPL Financial, Baird, Energy, APA Corp, Marathon Oil, Occidental Petroleum Locations: China, Israel
(This is a wrap-up of the key money moving discussions on CNBC's "Worldwide Exchange" exclusive for Pro subscribers. Worldwide Exchange airs at 5 a.m. "The fixed income market has enough yield to bail you out if the geopolitical tensions get worse," said Hyman said on Worldwide Exchange. "Investors are not focusing on the likely U.S. response post election to replenishing defense stocks and ramping up capabilities." Worldwide Exchange Pick: Biotech Stocks Scott Ladner of Horizon Investments is seeing opportunities in the biotech sector, specifically the iShares Biotechnology ETF (IBB) and SPDR S & P Biotech (XBI) ETFs.
Persons: Simeon Hyman, Hyman, Terry Haines, Haines, Lockheed Martin, Scott Ladner, Ladner Organizations: Pro, Worldwide, Proshares Advisors, Defense, Lockheed, Raytheon, Biotech, Horizon Investments, iShares Biotechnology, P Biotech, Shipping Stocks Shipping, U.S Locations: Israel, Iran, Ukraine, South China, U.S, East, Gulf Coast
States such as North Carolina and Florida remain popular among retirees for tax benefits. Retirees also have their eyes on cities in North Carolina. North Carolina offers strong healthcare facilities, a pleasant climate, and does not tax income from Social Security. Only 0.25% of local boomers bought a home in the San Francisco metro area in 2023 for a median price of $1.55 million. AdvertisementBelow, we list the top 10 most boomer-friendly cities to buy a home, the percentage of local boomer homebuyers, and the total number of boomer mortgages originated in 2023.
Persons: SmartAsset, , Freddie Mac Organizations: Service, Sunshine, North Carolina . North Carolina, Social Security Locations: North Carolina, Florida, North Carolina . North, San Francisco
The information for the following product(s) has been collected independently by Business Insider: U.S. Bank Shopper Cash Rewards™ Visa Signature® Card, My Best Buy® Visa® Card, U.S. Bank Cash+® Visa Signature® Card, Citi Custom Cash℠ Card, Citi® Double Cash Card. Introduction to Store Credit CardsStore credit cards can be incredibly enticing for shoppers looking to save at their favorite retailers. Closed-Loop Credit Cards vs. Open-Loop Credit CardsThere are two types of store cards: closed-loop cards that can be used only within a specific store (or website), and open-loop cards that can be utilized anywhere most credit cards are accepted. Ulta Credit CardUlta has a closed-loop Ulta Beauty Rewards™ Credit Card and the open-loop Ulta Beauty Rewards™ Mastercard® Credit Card. Store Credit Card Frequently Asked QuestionsWho is the Best Buy store card through?
Persons: Cardholders, cardholders, they've, Nordstrom, Wells, You'll, Sephora, it's, Ariana Arghandewal Ariana Arghandewal, Ariana, Guy, Education Ariana, ExperienceExpertiseEducation Read Organizations: Business Insider, U.S . Bank, Card, Bank, Citi, Amazon, Visa, Foods, Chase Travel, American, American Express, U.S, Apple, . Bank, Best, EV, Costco, Bank of America, The Bank of America, Disney, Chase, Hulu, ESPN, Home Depot, Depot, Nordstrom, Nordy Club, Navy, Old Navy, Wells, PayPal, Mastercard, Target, Privileges, JetBlue, Wyndham Rewards, Walgreens, Walgreens Mastercard, Citibank, Business, Bankrate, CNBC, CNN, Forbes, Lonely, NBC, Traveler University, CardCon, Chicago, Expertise, Education, University of Southern Locations: Nordstrom, Banana Republic, Old, Sephora, Target, Ulta, Chevron, University of Southern California
When I got pet insurance, it was tempting to get the cheapest policy until I saw what it covered. When I first started pricing out pet insurance, it was tempting to just get cheap pet insurance. Since my dog is four and very active, I decided to go with a more expensive pet insurance plan. The less expensive pet insurance plan I was considering doesn't cover all of these things, especially the accident and illness exams. It gives me peace of mind, and that's worth every pennyMy pet insurance plan has a low deductible of $250.
Persons: I'm, , we'd Organizations: Service, Lemonade Insurance
Tim Walz said during the VP debate that help from family members should not be the solution to childcare. JD Vance previously suggested that grandparents help out more to solve the childcare crisis. Tim Walz took the debate stage in New York to discuss a range of topics, including healthcare, housing, and the economy. AdvertisementHis comments sparked criticism from grandparents and childcare workers who argued that relying on family members for childcare is not feasible. We should have a family care model that makes choice possible," he said.
Persons: Tim Walz, JD Vance, Vance, , Sen, Walz, " Walz, Charlie Kirk, Taylor Van Kirk, Renne Bock, " Bock Organizations: Service, Gov, Business Locations: New York
Lightning Round: Take the loss on Peloton, says Jim Cramer
  + stars: | 2024-10-02 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Take the loss on Peloton, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Peloton, NIO, AMN Healthcare, Humana, and SiTime.
Persons: Jim Cramer Organizations: AMN Healthcare, Humana
AdvertisementBrian Fetting and Dan Juhnke welded every chair and table for their business, New Origin Brewing in Asheville, North Carolina. Last week, Hurricane Helene stripped away nearly everything. New Origin Brewing is in one of the hardest hit cities by Hurricane Helene, despite its mountain location, 300 miles inland. Some of New Origin's brewing equipment, destroyed by Hurricane Helene. For most of the small breweries dotting the French Broad River and the Blue Ridge Mountains, the devastation from Hurricane Helene can't just be measured in dollars lost.
Persons: Helene, , Brian Fetting, Dan Juhnke, Fetting, Hurricane Helene, he's, He's, Dan, Mike Semenec, Semenec, DSSOLVR, Harrison Fahrer —, Asheville —, Fahrer, Tim Kent, They're, Kent, Juhnke, Bryna Frosaker, Adam Charnack, Frosaker, Charnack Organizations: Service, Business, Brewery, Asheville Metro Area Breweries, North Carolina Beer & Wine, Juhnke Brewery Locations: North Carolina, Asheville , North Carolina, Hurricane, Gulf Coast and Georgia, Buncombe County, Asheville, Minnesota, North, Tampa, Durham, North Carolina's, Charnack
Diabetes startup Omada Health has confidentially filed its S-1 for an IPO, BI has learned. Fellow healthcare startup Hinge Health has hired banks as it prepares to confidentially file its S-1. AdvertisementRumors about diabetes startup Omada Health's public market debut have been swirling for years. Omada Health confidentially filed its S-1 this summer to go public, according to one person with knowledge of the transaction. After 20 healthcare startups went public in 2021, only one healthcare company went public the following year — Akili Interactive, which sold for $34 million this July.
Persons: , Health confidentially, It's, Sean Duffy, Morgan Stanley, Cameron Lester, Ben Narasin, Duffy, Omada Organizations: BI, Service, Health, Lyra, Tempus, Jefferies, Venture, Amazon
Cramer's Lightning Round: 'Hold on' to SiTime
  + stars: | 2024-10-02 | by ( Julie Coleman | ) www.cnbc.com   time to read: 1 min
Stock Chart Icon Stock chart icon Peloton's year-to-date stock performance. Stock Chart Icon Stock chart icon NIO's year-to-date stock performance. Stock Chart Icon Stock chart icon AMN Healthcare's year-to-date stock performance. Stock Chart Icon Stock chart icon SiTime's year-to-date stock performance. SiTime : "Just hold it...Let's hold on to it, it's a good story."
Persons: AMN, Let's Organizations: AMN
Reducto raised $8.4 million in seed funding to develop AI for reading complex documents. AdvertisementLarge language models struggle to parse data in PDFs and spreadsheets, and one startup just raised a supersized seed funding round to build tech that can read these documents the way humans do. Reducto, which was founded in 2023 and a member of Y Combinator's winter 2024 batch, is announcing it raised $8.4 million in a seed funding round led by First Round Capital. One, Humata AI, raised $3.5 million from Google's Gradient Ventures a year ago, while OpenAI's ChatGPT Store showcases multiple AI PDF developers. AdvertisementCheck out the 13-slide pitch deck Reducto used to raise $8.4 million in seed funding.
Persons: Reducto, , Y, Liquid2, Arash Ferdowsi, Andrew Ofstad, Kulveer Taggar, Zeus, JJ Fliegelman, Richard Aberman, Ralph Goottee, Tracy Young, Adit Abraham Organizations: Service, First Round, Big Tech
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHologic CEO Steve MacMillan on breast cancer detection, future of AI-powered diagnosticsSteve MacMillan, Hologic chairman, president and CEO and Illumina chairman, joins 'Squawk Box' to discuss breast cancer awareness month, impact of AI on breast cancer detection, AI-powered diagnostics and the future of healthcare, and more.
Persons: Steve MacMillan Organizations: Hologic
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSen. JD Vance and Gov. Walz talk Fmr. President Trump's healthcare recordVice Presidential candidates Tim Walz and JD Vance face off in CBS News debate.
Persons: Email Sen, JD Vance, Walz, Trump's, Tim Walz Organizations: Email, Gov, CBS
Once I found out I was pregnant, we relocated from the US to Mexico, where my husband was born. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . My husband, who was born in Mexico, was going through an expensive immigration case for residency and permission to work. When the world started to go on lockdown during the COVID-19 pandemic, we found out I was pregnant with twins. AdvertisementOur quality of life is better here, and we're so happy we made the choice to raise our family in Mexico.
Persons: We're, , I'd, hadn't, we've, We've, I've, Daniel, Avin77, we'd, United States We've, he's Organizations: Service, Puerto Locations: Mexico, walkable, We've, Traverse City , Michigan, Puerto Vallarta, Central Mexico, Spanish, United States, Salud, America
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCalls of the Day: General Motors, GE Healthcare, Thermo Fisher, HealthEquity, Carmax and SharkNinjaThe Investment Committee debate the latest Calls Of The Day and Jim Lebenthal responds to Sarat Sethi selling out of General Motors
Persons: Jim Lebenthal, Sarat Sethi Organizations: General Motors, GE Healthcare, General
China is at risk of falling into a prolonged period of deflation, Yale economist Stephen Roach says. The country's monetary stimulus blitz was a move in the right direction, Roach said in an FT op-ed. The two missing pieces are fiscal support and structural reform, Roach wrote in a new op-ed for the Financial Times. AdvertisementAccording to Roach, China's projected GDP rate of 4% over the next five years virtually mirrors Tokyo's situation 30 years ago. China now needs to do the same with fiscal stimulus.
Persons: Stephen Roach, Roach, , China's, Beijing's hesitancy, Paul Krugman, Krugman Organizations: Yale, Service, Financial Times, Communist Party's Locations: China, Beijing, Japan
More consumer-centric companies are looking to capitalize on India's booming stock market and strong economic growth, by going public. "After a decade, India's growth story is now likely to be driven by private consumption. With a better macro outlook, the risk appetite for investors for business to consumer companies have gone higher," said Atul Singh, CEO and managing director of wealth management firm LGT Wealth India. It may have started with large corporations like Reliance and Adani , but the positive macro story is driving more business to consumer companies to list," Singh told CNBC in an interview. India had 238 listings in 2023, reaching a nine-year high with 614 billion Indian rupees ($7.35 billion), according to FactSet data.
Persons: Ola, Atul Singh, Singh Organizations: National Stock Exchange, BMI, LGT Wealth, Reliance, CNBC, Transportation, Hyundai Motor India, Insurance, Hyundai, Ola Electric Locations: Mumbai, India
A judge in Georgia's Fulton County struck down the state's six-week abortion ban Monday, allowing the procedure to resume and making it legal up to 22 weeks of pregnancy. The state law, known as the LIFE Act, was signed by Republican Gov. The Georgia Supreme Court, however, soon took up the case and allowed it to remain in effect. The law has no "definition of 'health records.' And no mention of any notice to be provided to the 'woman' whose 'health records' have been made 'available,'" the judge wrote.
Persons: Brian Kemp, Roe, Wade, Robert McBurney, McBurney, ” Kara Murray, Christopher Carr, , Kemp, that’s, who've, , Garrison Douglas, Monica Simpson, Amber Nicole Thurman, Candi Miller, Simpson, Thurman, Miller, Kamala Harris, ProPublica, Harris, Donald Trump, Trump Organizations: LIFE, Republican Gov, SisterSong, Reproductive, Constitution, Georgia Supreme Locations: Georgia's Fulton County, Georgia, McBurney
Wall Street currently sees GE Healthcare earning $6.72 per share in 2028, according to FactSet, up from $4.25 projected this year. GE Healthcare has been a stock we've been battling since its steep slide during the second quarter. That dynamic — coupled with the positive China stimulus announcements in recent days — turned GE Healthcare into one of our top-performing stocks in the third quarter . A PET scan using Flyrcado has better diagnostic efficacy than SPECT scans, according to GE Healthcare. GE Healthcare may also see a recovery in its China business due to the roll out of medical-focused stimulus spending .
Persons: Wells, Flyrcado —, Wells Fargo, Flyrcado, FactSet, Jim Cramer, , Jim, Leqembi, Eli Lilly, Stifel, Jim Cramer's, Yi Haifei Organizations: GE Healthcare, GE, Food and Drug Administration, Wall, FDA, Federal, Club, CDC, Management, CNBC, Fair for Trade, Services, China National Convention Center, China News Service, Getty Locations: China, U.S, Beijing
Chinese consumers are opting for affordable alternatives across various categories to save money. The trend, known as pingti, is driven by economic challenges and is popular among young people. Consumers are finding cheaper substitutes for luxury goods, everyday items, and even healthcare. It's now become a trend in China to save on nearly every consumer category, from luxury goods to everyday consumables to travel, with cheaper substitutes. A Bank of America survey of 1,052 adult Chinese consumers showed weakening consumer sentiment, with 30% of respondents planning to spend more — down from 45% in June.
Persons: , It's, Bobbi Brown, Estée Lauder, MingYii Lai, it's, Lindy, Hermes Lindy, Lai, Ruth Jin, Xiaohongshu Cleo Xie, they've, She's, Xie, Jin, Yves Saint Laurent, Keith, she's Organizations: Service, Daxue Consulting, Bottega, Prada, University, Dai, PPI, Bank of America Locations: China, Xiaohongshu, Beijing, Ili, Xinjiang, Provence, France, Xishuangbanna, Laos, Myanmar, Bangkok, Thailand, Chengdu, Europe, Asia
CVS Health 's board has engaged advisors to conduct a strategic review of its business, according to people familiar with the matter, as the company contends with potential activist pressure and a severely depressed stock price. The review has been ongoing for some time, said the people, but there is no certainty on what actions, if any, the company will take. CVS management, including CEO Karen Lynch, met with major shareholder Glenview Capital Monday to discuss the company's lagging prospects and Glenview's plans to revive the stock, CNBC previously reported. In a statement, CVS spokesman David Whitrap told CNBC: "CVS Health's management team and Board of Directors are continually exploring ways to create shareholder value. CVS shares rose around 2.5% in after-hours trading Monday on the news, which was first reported by Reuters.
Persons: Karen Lynch, Lynch, David Whitrap, Brian Kane, , Bertha Coombs Organizations: Washington DC, CVS, Glenview Capital, CNBC, Reuters Locations: Washington, United States
AdvertisementUS financial firms' interest in China was on its last legs, but a new stimulus package has some investors excited again. The immediate impact of China's $114 billion package, which includes cutting interest rates and reducing the amount of money banks need to keep in reserve, has been big. Traders, investors, and speculators have sent China's stock market to its best month in nearly a decade , signaling that the market players think that Beijing's moves are a "bazooka." Our annual list of Wall Street rising stars is here. According to a new report from The Wall Street Journal, executives attempted to woo the AI researcher back before rescinding the offer.
Persons: , Andres Martinez Casares, Alyssa Powell, Linette Lopez isn't, Linette, Jon Hicks, that's, David Tepper, He's, Tepper, Pan Gongsheng, BI's Filip De Mott, Wall, Natalie Ammari, Crypto, Donald Trump, Kamala Harris, Marc Piasecki, Tyler Le, who's, OpenAI execs, Ilya Sutskever, it's, Tara Anand, aren't, Jerome Powell, Ryan Routh, El Chapo, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Grace Lett, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Traders, Bank of China, bros, Trump, Getty, Houston Chronicle, Hearst Newspapers, Elon, Wall Street Journal, Netflix, Longshoremen's Association, National Association for Business Locations: China, New York, London, Chicago
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