DIRS.INFO The most relevant business & tech news

Following Friday's trade, Jim Cramer's Charitable Trust will own 30 shares of BLK, increasing its weighting to 0.85% from 0.5%. Our CNBC Investing Club Reporter Morgan Chittum took a look at a few catalysts on the horizon that can keep BlackRock's earnings momentum going. Elsewhere, BlackRock's GIP deal also shows investors that the firm "got back on the front foot" in private markets growth, Evercore ISI said in a recent note. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer's, Morgan Chittum, Larry Fink, Fink, Biden, there's, Sudhir Nair, BlackRock's, Morgan Stanley, Jim Cramer, Jim Organizations: BlackRock, BLK, Devices, CNBC Investing, Catalyst, Global Infrastructure Partners, Biden Administration, Club, Microsoft, Preqin, Money, Federal Reserve, Boeing, CNBC Locations: BlackRock, U.S, Florida, Riyadh, Saudi Arabia

☆ CNBC Daily Open: For Big Tech, beating earnings expectations is not enough
▼ + stars: | 2024-11-01 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This 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. The 12-month inflation rate was 2.1%. The core inflation rate, which excludes food and energy prices, came in at 2.7%. Big Tech drags down marketsMajor U.S. indexes slumped on Thursday, weighed down heavily by losses in Big Tech shares.

Persons: Dow Jones, Europe's, Jesse Pound Organizations: CNBC, U.S . Commerce Department, Big Tech, U.S, Apple, Amazon, Boeing, Bank of America Locations: U.S, Cupertino

☆ Bank of Japan likely to stay course with a rate hike in December or January, analysts say
▼ + stars: | 2024-11-01 | by ( Lin Lin | ) www.cnbc.com time to read: +4 min

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

☆ After six years of tariffs, small-business owners aren't eager for more
▼ + stars: | 2024-11-01 | by ( Alexandra Byrne | ) www.cnbc.com time to read: +9 min

The fee turned up in September 2019, after Trump placed 25% tariffs on steel, and hasn't gone away since. Small-business owners have already been facing tariffs on billions of dollars of goods, most of them from China, implemented by Trump in 2018. So far, the tariffs in force under both White Houses have cost Americans $79 billion, the nonpartisan Tax Foundation estimated this summer. The nation's roughly 33 million small businesses employ nearly half the nation's workers and generate more than 43% of the gross domestic product, the U.S. Chamber of Commerce estimates. "Whether we like it or not, Asia is the bike manufacturing hub of the world," said Zagata, who raised prices by between 18% and 22% after the Trump tariffs took hold.

Persons: Donald Trump, Chris Smith, Trump, hasn't, Smith, Biden, —, who've, Erica York, they're, Jonathan Gold, Gold, they've, Ryan Zagata, Zagata, he'd, Felix Tintelnot, Trump's, Brian Hughes, Nichole MacDonald, MacDonald, Kamala Harris, it's, Sara Hauman, isn't, doesn't Organizations: Albuquerque, Virginia Beer Co, Constellation Brands, Corona, Trump, Foundation, Tax, National Retail Federation, U.S . Chamber, Commerce, Brooklyn Bicycle Co, GOP, Duke University Locations: Albuquerque , New Mexico, Williamsburg , Virginia, U.S, China, Modelo, Mexico, New York City, Asia, York, Germany, Diego, India, America, Portland , Oregon, West Coast

☆ Higher taxes will make it harder for Britain to build 'the next Nvidia,' tech execs say
▼ + stars: | 2024-11-01 | by ( Ryan Browne | ) www.cnbc.com time to read: +6 min

The lower capital gains tax rate was increased to 18% from 10%, while the higher rate climbed to 24% from 20%. Reeves said the increases will help bring in £2.5 billion ($3.2 billion) of additional capital to the public purses. Still, Reeves said the U.K. would still have the lowest capital gains tax rate of any European G7 economy. watch nowReeves announced that the rate of tax on carried interest, which is charged on capital gains, would rise to 32%, up from 28% currently. She nevertheless urged the government to look seriously at mandating that pension funds diversify their allocation to riskier assets like venture capital — a common ask from VCs to boost the U.K. tech sector.

Persons: Rachel Reeves, Reeves, BADR, Paul Taylor, Taylor, Haakon Overli, Dawn Capital, Overli, Anne Glover, Glover, Clarity, Steve Hare, Sage, Sean Reddington, Reddington Organizations: Labour Party Conference, ACC Liverpool Convention Center, Anadolu, Getty, LONDON, Labour, CGT, National Insurance, Unicorn Council, Nvidia, Dawn, NVIDIA, Amadeus Capital, Wealth, Norway's, Fund Global, Saudi Arabia's Public Investment Fund Locations: Liverpool, British, Britain, VCs

☆ Trump and Harris portfolios to play the election winner, according to Strategas Research
▼ + stars: | 2024-11-01 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

"The differences between Trump and Harris are as wide as we have ever seen." Differences in trade policy specifically, he said, are going to "determine where growth and earnings take place around the world." In contrast to Trump's trade policy, reduced trade tensions under Harris could lead to gains for FedEx , which has advanced more than 8% this year. During that debate, Harris also accused Trump of gearing up to abandon support of Ukraine. If Harris were to win the election, Clifton believes RTX is beneficiary of continued U.S. support of Ukraine.

Persons: Strategas, Donald Trump, Kamala Harris, Daniel Clifton, Harris, Clifton, Lazard, Trump, RTX Organizations: U.S, NBC, Trump, Republican, Basel III, Nasdaq, FedEx, Biden, NextEra Energy Locations: China, Basel, India, Cleveland, Southern, Ukraine, U.S

☆ At-home brain stimulation relieves symptoms of depression, study finds
▼ + stars: | 2024-11-01 | by ( Brenda Goodman | ) edition.cnn.com time to read: +8 min

CNN —A headset worn at home that zaps the brain with the energy of a 9-volt battery could help relieve symptoms of depression, a new study shows. Rebalancing brain activity in depressionThe device is available in the UK, Norway, Hong Kong and countries in the EU. Studies show that people with depression tend to have less brain activity than normal in the dorsolateral prefrontal cortex and more brain activity than normal in the ventromedial prefrontal cortex. A ‘spicy’ sensation with brain benefitsLeana De Hoyos, a 34-year-old mother of two who lives in Houston, was one of the study participants. Helping people use brain stimulation at homeFu says that when her team started looking at transcranial direct current stimulation for depression, they first reviewed the medical literature.

Persons: ”, Rodrigo Machado, Vieira, Machado, It’s, it’s overactive, Daniel Mansson, Cynthia Fu, Fu, Leana De Hoyos, De Hoyos, didn’t, ” De Hoyos, I’m, you’ve, “, ’, ” Fu, Dr, Sanjay Gupta, “ We’re, Mansson, hasn’t Organizations: CNN, Nature Medicine, Therapeutics, US Food and Drug Administration, Neuroscience, King’s College London, CNN Health, “ Locations: UTHealth, Norway, Hong Kong, Swedish, United States, Houston, Europe

☆ How the cost of childcare is expected to change under Trump or Harris
▼ + stars: | 2024-11-01 | by ( Allie Kelly | ) www.businessinsider.com time to read: +6 min

Former President Donald Trump and Vice President Kamala Harris have both talked about the importance of making childcare more affordable. Below are three elements of the childcare equation and what the Harris and the Trump camps have either proposed or already done. Child tax creditsTrump and Harris have both proposed expanding the child tax credit, which currently provides up to $2,000 per child. Harris' child tax credit policy would restore the enhanced pandemic-era credit, giving parents up to $3,600 annually per child, with the amount dependent on a child's age and family income. The US's pandemic-era child tax credit expired at the end of 2021 because Republicans in Congress opposed it.

Persons: Harris, Trump, —, Donald Trump, Kamala Harris, Joe Biden's, Grant —, Anne Hedgepeth, Cindy Lehnhoff, Vance, hasn't Organizations: Service, Business, Child Care, Child Care Association, Budget

☆ 54-year-old lost her kids' $60,000 college fund by spending it on her side hustle—how she got it back, and more
▼ + stars: | 2024-11-01 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

Kim Vaccarella was so confident in her business idea that she emptied her children's $60,000 college fund to bring it to life. Today, Vaccarella, 54, is the CEO and founder of Secaucus, New Jersey-based Bogg Bag, a waterproof tote bag-maker on track to top $100 million in annual sales this year, she says. But in 2008, she was a mom of two with an idea for a more practical beach bag. Two years later, Vaccarella's company brought in more than $1 million in annual sales, she recently told Entrepreneur, and she quit her job to run Bogg Bag full time. The sturdy, easily washable bags went viral on TikTok and Instagram earlier this year, contributing to another significant boost in sales.

Persons: Kim Vaccarella, —, Vaccarella, ″ Organizations: CNBC, U.S . Locations: Vaccarella, Secaucus , New Jersey, U.S, U.S . East Coast, Hurricane, China

Their clash has already drawn more ad spending than any other Senate race in history, eclipsing the $412 million spent in Georgia’s 2020 race between Jon Ossoff and David Perdue. While Moreno clings to Trump, Brown tends to avoid talking too much about national political figures from either party. “Sherrod Brown, he’s taking ads in like he’s my best friend,” the former president said Sunday during a rally at Madison Square Garden in New York. He also acknowledged the threat of ticket-splitters — and the importance of Trump having coattails long enough to carry Moreno along with him. But then-Rep. Tim Ryan, a Democrat who represented much of the area for years, lost it to Vance in the Senate race by 3 points in 2022.

Persons: Ohio — Sen, Sherrod Brown, Bernie Moreno, Jon Ossoff, David Perdue, Brown, Moreno, Donald Trump, ” Brown, “, it’s, —, ”, ” Sen, Republican Bernie Moreno, Barack Obama, Bob Taft, Trump, “ Sherrod Brown, “ He’s, ” Moreno, MAGA, Donald Trump Jr, Sen, Lindsey Graham, Graham, “ Trump’s, ” Graham, Kamala Harris, “ I’m, Kamala, Joe Biden, ’ ” Brown, Obama, Brown’s, Rachel Petri, JD Vance, Tim Ryan, Vance, they’ve, ” Petri, Paul Adams, Chuck Schumer, Hunter, “ We’ve, ” Trump, Martin Luther King Jr, Shontel Brown, Chris Ronayne, Moreno “, Andre Washington, — Sherrod Brown, David Brock, He’s, ” Moreno —, Sherrod Organizations: Republicans, Trump, NBC News, Teamsters, Republican, Ohio Senate, Ohio Gov, Madison, Trump’s, Democrat, ”, Democratic, Senate, Trump Jr, Cleveland, Ohio Democratic Party, GOP, Fund, Cuyahoga County Democratic Locations: VERMILION, Ohio, Trump, Youngstown, New York, Erie, swingy Lorain County, Lorain, Lorain County, Cleveland, Delaware, Mahoning counties . Delaware, Columbus, Mahoning, Strongsville, Russia, Lake Erie, Cuyahoga County, I’m

☆ Progressives gear up for their first big fight if Harris wins: Protecting Lina Khan
▼ + stars: | 2024-10-31 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +9 min

With Republicans favored to win the Senate, Harris may have few opportunities to pursue an ambitious legislative agenda, shifting the Democratic ideological fight to key personnel decisions. “It’d be a strategic blunder for Harris to pick an ugly fight over Lina Khan’s future when there’s already strong consensus among Democrats. Moderate senators like Bob Casey and Jackie Rosen are actively campaigning on the FTC’s work to lower prices,” said a Senate Democratic aide, who was granted anonymity to discuss a sensitive subject. Removing her would not only infuriate the left but it could provoke a confirmation fight with Senate Republicans over her replacement. Some in the progressive movement believe Harris should simply leave her there without going through confirmation again in the Senate if need be.

Persons: WASHINGTON, Kamala Harris tacks, Lina Khan, Harris, ”, Dan Geldon, Sen, Elizabeth Warren, “, ” Geldon, Mark Cuban, Gary Gensler, Barry Diller, Reid Hoffman, Hoffman, ” “, Adam Green, Kamala Harris, Joe Biden, Ron Klain, Khan, Danielle Deiseroth, MAGA, Lina Khan’s, there’s, Bob Casey, Jackie Rosen, Alexandria Ocasio, Bernie Sanders, “ Khan, Jeff Hauser, he’s, Ohio Democratic Sen, Sherrod Brown, Geldon, General Merrick Garland, Donald Trump, Michael Dorf, Neil Buchanan, Ezra Levin, Biden, we’d, ” Levin Organizations: Federal Trade, Biden, Republicans, NBC, Securities, Exchange, Billionaire Democratic, Democratic Party, Democratic, Facebook, Progress, Trump, Will, Progressives, SEC, Crypto, Ohio Democratic, Banking Committee, Cuban, Monday, Trump Republicans, Republican Locations: Alexandria, Cortez, Ohio, Harris ’, Washington

☆ What a trip to Georgia's 'Seoul of the South' says about the Asian American vote
▼ + stars: | 2024-10-31 | by ( Kimmy Yam | Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +2 min

In 2020, Asian American turnout in Georgia surged by 84% compared with the previous presidential election, playing a larger role than ever in an election that Joe Biden won by a very narrow margin. And much has been made of the local Asian community since then. Many are also newer immigrants, so specific ethnicity — Korean or Vietnamese, for example — is more of an identity than simply being Asian American. “National identity matters a lot more than their pan ethnic or racial identity,” said Karthick Ramakrishnan, founder of AAPI Data, a research group. Many Asian Americans are small-business owners or work in health care or the service industry or for international companies.

Persons: Joe Biden, Chris Suh, ”, Karthick Ramakrishnan, Johnie Tran, Simona Li, Elijah Nouvelage, Phi Nguyen, “, Donald Trump, whittle, Kamala Harris ’, carmaker Kia Organizations: Emory University, AAPI, NBC News, Democratic, Gwinnett, Buford Locations: Georgia, Gwinnett, Atlanta, Duluth, Atlanta’s, “ Seoul, Suwanee, Lawrenceville, Korean

☆ What was the Lavender Menace? A look back at the lesbians who altered the women’s movement
▼ + stars: | 2024-10-31 | by ( Jillian Eugenios | Jillian Eugenios Is A Senior Producer For Nbc News. | ) www.nbcnews.com time to read: +6 min

I stood up and I said, ‘Sisters, I’m so tired of being in the closet in the women’s movement. Karla Jay wears a "Lavender Menace" T-shirt under her blouse at the Second Congress to Unite Women in New York in 1970. Also in attendance was Lavender Menace protester Martha Shelley, now 80 years old, who danced to the jukebox. An early and influential participant in the gay liberation movement, Shelley spoke on the second night of the June 1969 rebellion. I’m still marching, but I want them to pick up their own torches and march up the street, as well.”Friedan eventually apologized for her use of the phrase “lavender menace,” but not until 1977.

Persons: ”, ‘, Karla Jay, Diana Davies, Betty Friedan, Friedan, Jay, “, Flavia Rando, Brooke Sopelsa, we’ve, ” Rando, Martha Shelley, Shelley, Altman, Bilitis, Ellen Broidy, Broidy, York City’s, ” Broidy’s, ” Jay, I’m, ” Friedan, ‘ Karla, ‘ Betty, ’ Organizations: National Organization for Women, Women, New York Public, NOW, NOW’s, Gay Liberation, Stonewall, Monument Visitor, NBC, Victory Fund, Monument Visitor Center, New, York, Christopher Locations: New York City, New York, U.S

☆ Russia fines Google more than the world's entire GDP
▼ + stars: | 2024-10-31 | by ( David Hodari | David Hodari Is A London-Based Editor. | ) www.nbcnews.com time to read: +3 min

The court that imposed the fine might be in for a long wait for Google to pay up, however. “This should be a reason for the Google leadership to pay attention to this and improve the situation.”The amount the court says Google owes is growing, too. The court ordered Google to restore the accounts within nine months, with a fine of 100,000 rubles (around $1,000) levied for each day after that period. Some of those Russian media outlets have also appealed to courts in Turkey, Hungary, Spain and South Africa to enforce court decisions made against Google in Russia. In the section of its third quarter earnings release titled 'Legal Matters,' Alphabet said: “We have ongoing legal matters relating to Russia.

Persons: Vladimir Putin’s, it’s, Larry Page, Sergey Brin, Dmitry Peskov, Yevgeny Prigozhin, Konstantin Malofeev Organizations: Google, Kremlin, NBC, RBC, YouTube, International Monetary Fund, NBC News, Wagner Group Locations: Russian, Ukraine, Turkey, Hungary, Spain, South Africa, Russia, South Africa’s

☆ Palo Alto shares helped by contract news, Abbott Labs braces for lawsuit ruling
▼ + stars: | 2024-10-31 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

An executive at Palo Alto Networks also posted about it on LinkedIn , without mentioning the dollar amount and duration. These headlines could be helping support shares of Palo Alto in Thursday's down market. Palo Alto did not respond to CNBC's request for comment on the licensing agreement. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, nonfarm, Morgan Stanley, Palo, Nikesh Arora, —, Missouri —, we're, Jeff Marks, Abbott, we'll, payrolls, Jim Cramer's, Jim Organizations: CNBC, ., Nasdaq, Dow Jones Industrial, Microsoft, Meta, Boeing, Reserve, Palo Alto Networks, Department of Defense, Palo, Abbott Labs, NEC, Judicial, Apple, Coterra Energy, Intel, . Steel, Juniper Networks, Chevron, Exxon Mobil, LyondellBasell, Jim Cramer's Charitable Locations: U.S, Palo Alto, Thursday's, Missouri

☆ Russia fines Google $20,000,000,000,000,000,000,000,000,000,000,000
▼ + stars: | 2024-10-31 | by ( Hanna Ziady | ) edition.cnn.com time to read: +2 min

London CNN —Russia is seeking an unfathomable sum of money from one of the world’s biggest tech companies. Google reportedly owes the Kremlin more than 2 undecillion rubles — a 2 followed by 36 zeroes — after refusing to pay fines for blocking pro-Russian channels on YouTube. The virtually unpronounceable penalty amounts to $20 decillion — or around $20 billion trillion trillion. Russian state media TASS reported this week that a Russian court has ordered Google to restore the YouTube channels or else face mounting charges. In quarterly earnings published this week, the company referred to “ongoing legal matters” relating to its business in Russia.

Persons: “ Organizations: London CNN —, Google, YouTube, International Monetary Fund, TASS, ” TASS, CNN Locations: London CNN — Russia, Russia, “, Ukraine

☆ Saudi's PIF pivot to domestic investment will help diversification: minister
▼ + stars: | 2024-10-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSaudi sovereign wealth fund's pivot to domestic investment will help accelerate diversification: ministerFaisal Alibrahim, Saudi Arabia's minister of economy and planning, says the kingdom is planting the seeds for steady growth, and is using "these seeds to attract more capital."

Persons: Faisal Alibrahim Organizations: Saudi

☆ Chinese smartphone company Honor gets new investors as it gears up for IPO
▼ + stars: | 2024-10-31 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

Chinese smartphone company Honor has released devices that fold up to be nearly as thin as an iPhone. BEIJING — Chinese smartphone company Honor on Thursday announced backing from new investors as the Huawei spinoff prepares for an initial public offering. Honor said earlier this year it planned to start changing its shareholder structure in the fourth quarter, after which it would start the IPO process "at a suitable time." Honor spun off from Chinese telecommunications giant Huawei in November 2020 after the parent company was hit by U.S. sanctions. The company on Wednesday released its new Magic7 series of phones that can use the AI features in China.

Persons: Xingyao, — CNBC's Arjun Kharpal Organizations: Huawei, China Telecom —, Cornerstone, Wednesday Locations: BEIJING, Shenzhen, China

☆ America won the war on inflation. You still think the economy stinks
▼ + stars: | 2024-10-31 | by ( David Goldman | ) edition.cnn.com time to read: +6 min

Although sentiment is improving (more on that soon), poll after poll suggests that Americans hold largely negative views about the US economy. And the US economy remains a job-creation machine, adding 368,000 jobs per month on average during the Biden administration, a record high. But they’re still growing at a 3.9% adjusted rate, according to the Department of Labor. A recent study from the Brookings Institution, released last week, found a correlation between economic sentiment and political affiliation with the party in control of the White House. When Trump took office, Republican economic sentiment surged, while Democratic sentiment cratered.

Persons: Kamala Harris, Joe Biden, Biden, Trump, Covid, That’s, Donald Trump, they’re Organizations: CNN, Bureau of Labor Statistics, Gross, Economic, International Monetary Fund, Labor, BEA, US Department of Housing, Urban Development, Bank of America, Brookings Institution, White, Democratic, Republican, Democrat

☆ Watch Thursday's full episode of Mad Money with Jim Cramer — October 31, 2024
▼ + stars: | 2024-10-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Thursday's full episode of Mad Money with Jim Cramer — October 31, 2024"Mad Money" host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.

Persons: Jim Cramer —, Jim Cramer

☆ Investors all in on stocks: Mutual fund cash levels lowest on record, according to Bank of America
▼ + stars: | 2024-10-31 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

Someone apparently forgot to tell mutual fund managers that they are supposed to be worried right now. Professional fund managers have been increasing their bets on stocks since the fourth quarter got underway earlier this month, according to Bank of America. "Watching mutual fund cash levels is typically like watching paint dry, but not this month. That shift is notable ahead of the election and suggests that some fund managers are unconcerned about short-term volatility as votes roll in. Fund managers are underweight that area relative to history, and could rotate into those stocks if they gain more confidence, according to Subramanian.

Persons: Savita Subramanian, Cash, Subramanian Organizations: Bank of America . Equity, Investment Company Institute

☆ The stakes on tax policy are high as the election nears. Here’s how to prepare
▼ + stars: | 2024-10-31 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

It roughly doubled the standard deduction, adjusted the individual income tax brackets and lowered most of the rates. The legislation also applied a $10,000 cap on the state and local tax deduction, and it roughly doubled the estate tax exemption (it now sits at $13.61 million for an individual). In certain cases, it may also make sense to harvest capital gains, Bigge said. Gain harvesting, just like loss harvesting, is for your taxable account. You get an immediate tax deduction in the year you make your donation, and you can spread out the grants to your favorite charities over time.

Persons: it's, Stephen Bigge, Donald Trump, Kamala Harris, Bigge, We're, we're, Tim Steffen, Steffen Organizations: Keebler, Associates, Baird Locations: Green Bay , Wisconsin, China, Washington, Milwaukee

☆ Apple stuck it to the naysayers with better-than-feared financials, emerging iPhone 16 demand
▼ + stars: | 2024-10-31 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

While the hardware sales are certainly profitable, they pale in comparison to the profitability of Apple's Services. It's impossible to do consistently, and that's why Jim Cramer always says "own, don't trade" Apple stock. During the reported quarter, Apple returned over $29 billion to shareholders, including $3.8 billion in dividends and equivalents and another $25 billion via the repurchase of 112 million shares. Though Services sales missed the mark, gross income managed to outpace expectations thanks to significant year-over-year margin expansion. The growing installed base of active devices is of course translating into strong engagement with Apple's services.

Persons: Luca Maestri, that's, Jim Cramer, Time Cook, Apple, we're, Maestri, Jim Cramer's, Jim, Michael M Organizations: Apple, Samsung, Dell, HP Inc, of Asia, of Asia Pacific, Mac, Apple Watch, Apple Intelligence, Apple's Services, iOS, CNBC, Fifth, Santiago, Getty Locations: Apple's, Americas, Europe, Asia Pacific, Japan, Greater China, iPhones, Kantar, U.S, China, Australia, New York City

☆ What Candidates in Tight House Races Are Saying About Abortion
▼ + stars: | 2024-10-31 | by ( Allison Mccann | Vivian Li | ) www.nytimes.com time to read: +10 min

At least a half-dozen Republican candidates have put out direct-to-camera ads declaring their opposition to a federal abortion ban. Anthony D’Esposito Republican, N.Y. 4 Mike Lawler Republican, N.Y. 17 Marc Molinaro Republican, N.Y. 19 Joe Kent Republican, Wash. 3 Michelle Steel Republican, C.A. What Republican candidates are saying about abortion “ I do not support a federal abortion ban. What Democratic candidates are saying about abortion “ Abortion is health care. position Rep. position Alaska At‑Large Alaska At‑Large Ariz. 1 Ariz. 1 Ariz. 6 Ariz. 6 Calif. 13 Calif. 13 Calif. 22 Calif. 22 Calif. 27 Calif. 27 Calif. 41 Calif. 41 Calif. 45 Calif. 45 Colo. 8 Colo. 8 Iowa 1 Iowa 1 Iowa 3 Iowa 3 Maine 2 Maine 2 Mich. 7 Mich. 7 Mich. 8 Mich. 8 Neb.

Persons: Roe, Wade, it’s, Josh Riley, “, Marc Molinaro, Kamala Harris, Anthony D’Esposito, Mike Lawler, Joe Kent, Michelle Steel, Juan Ciscomani, Court’s Dobbs, ”, Will Reinert, ’, Will Rollins, Lindsey Graham, Jessica Arons, Don Bacon of Nebraska, Dobbs, ” David Valadao, ” Don Bacon, ” Gabe Evans, Donald J, Trump, House Republicans —, Scott Perry, Ken Calvert, David Valadao, California —, Mariannette Miller, Meeks, Rob Bresnahan Jr, ” Gabe Vasquez, ” Rudy Salas, ” Tony Vargas, Susan B, Anthony Pro, —, Jared Golden, Golden Organizations: Republicans, Democratic, Republican, Anthony D’Esposito Republican, Mike Lawler Republican, Marc Molinaro Republican, Joe Kent Republican, Michelle Steel Republican, Juan Ciscomani Republican, Senate, National Republican Congressional, The New York Times, Times, American Civil Liberties Union, ” David Valadao Republican, ” Don Bacon Republican, U.S, Supreme, ” Gabe Evans Republican, Colo, House Republicans, Pennsylvania’s, Iowa Republican, America, District, New York Times, ., Pa Locations: New York’s, Washington, California, New York, Calif, Iowa, Pennsylvania’s 8th, Mexican, N.M, Neb, Maine’s, Maine, Alaska, ‑, Mich, Ohio, Va

☆ 'Slow shopping' can save you money this holiday season. Here’s how it works
▼ + stars: | 2024-10-31 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

"This is definitely a shopping trend worth adopting to help you avoid impulse purchases and taking on debt," she said. Slow shopping allows you to time your purchase based on when it's on sale for the lowest price, Woroch explained. Slow shopping also allows for more time to save up for big-ticket items. David Dee Delgado | ReutersMore than half — 54% — of adults made at least one impulse purchase last holiday season, according to a recent survey by Bankrate. "When you are thinking of holiday shopping, make a list and check it twice," he said.

Persons: Andrea Woroch, Woroch, David Dee Delgado, Bankrate, Experian's Griffin, Ted Rossman Organizations: Black, Reuters, Bankrate Locations: Manhattan, New York City , New York, U.S

Search resuls for: "Fund"

25 mentions found