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☆ China has a lot at stake in the US election. So why aren’t they rooting for a winner?
▼ + stars: | 2024-10-31 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +9 min

“(It) doesn’t matter who it is (that wins),” one social media user wrote in a popular comment on China’s X-like platform Weibo. “There’s no perfect system, but at least they allow people to question them,” one social media user said on Weibo. Both Harris and Trump have been hot topics on Chinese social media platforms. Harris appeared to be relatively unknown to Chinese social media users prior to becoming the Democratic candidate after Biden’s July withdrawal from the race. But Trump is still seen in Beijing’s policy circles as likely to drive a more fractious relationship with China than Harris would.

Persons: Li Shuo, Kamala Harris, Donald Trump, Trump’s, Joe Biden, Xi Jinping, Brendan Smialowski, hashtag, ”, China’s, “, Harris, Trump, Chuan, “ Trump, can’t, Wu Xinbo, ” Wu, Shi Yinhong, Biden, Vladimir Putin, Wu, Gan Organizations: Hong Kong CNN, CNN, Huawei, Biden, Economic Cooperation, Getty, China Daily, Xinhua, Weibo, American, Communist Party, Democratic, Washington, Center for American Studies, Shanghai’s Fudan University, Renmin University Locations: China, Hong Kong, Beijing, Taiwan, Asia, California, AFP, Weibo, Liberty, United States, US, Europe, Ukraine –, Russia, Shanghai

☆ FTX’s Nishad Singh gets no jail time for role in crypto fraud
▼ + stars: | 2024-10-30 | by ( Mackenzie Sigalos | Mackenzie Sigalos Is A Technology Reporter For Cnbc With A Focus On Cryptocurrency | ) www.nbcnews.com time to read: +4 min

Former FTX executive Nishad Singh was sentenced to time served and three years of supervised release on Wednesday, becoming the fourth ex-employee of the collapsed crypto exchange to be punished. Just before the hearing began, Singh was alone, pacing the elevator bank, as he rehearsed his statement from a single printed page. In March, Bankman-Fried was sentenced to 25 years in prison and ordered to pay $11 billion. Ray said Singh made substantial productions of documents, and he voluntarily returned Bahamian real estate purchased with FTX funds. Ryan Salame, another former top lieutenant of Bankman-Fried, was sentenced to seven and a half years in prison in May.

Persons: Nishad Singh, Singh, Judge Lewis Kaplan, FTX, Sam Bankman, Caroline Ellison, Ellison, spiraled, Fried, Andrew Goldstein, ” Nicolas Roos, Singh “, Roos, Judge Kaplan, “, Gabe, ”, ” John Ray, Ray, Ryan Salame, Gary Wang Organizations: New, Alameda Research, Southern, of, Prosecutors Locations: Alameda, Bankman, of New York, Manhattan, Bahamian

☆ Nikki Haley voters prepare to pick sides: From the Politics Desk
▼ + stars: | 2024-10-30 | by ( The Politics Desk | ) www.nbcnews.com time to read: +6 min

In today’s edition, national political reporter Ben Kamisar breaks down our latest NBC News Deciders Focus Group, which featured voters who supported Nikki Haley in the Republican presidential primary. Uncomfortable Haley voters weigh their options with Election Day loomingBy Ben KamisarKamala Harris’ deployment of prominent Republican critics of Donald Trump hasn’t convinced a new focus group of voters who backed Nikki Haley in the GOP presidential primary. Such was the reaction among the 11 focus group participants in a new NBC News Deciders Focus Group conducted Monday evening, produced in collaboration with Syracuse University and the research firms Engagious and Sago. “Most of the voters we heard from have known for months which camp they’re in,” she continued. Four of these 11 voters plan to vote for Trump or are leaning that way, with another choosing between Trump and a write-in or third party.

Persons: Ben Kamisar, Nikki Haley, Chuck Todd, Donald Trump, Haley, Ben Kamisar Kamala Harris, Donald Trump hasn’t, Harris, Trump, ”, Margaret Talev, Jennifer S, ” “ I’m, would’ve, Chase Oliver, Read, There’s, Donald Trump’s, George W, Chuck → That’s Organizations: NBC, White House, Capitol, Republican, Syracuse University, Trump, White, they’re Republicans, Syracuse University’s Institute for Democracy, Trump Cabinet, Madison, Republicans, Democratic Locations: Trump, New York City, Washington, ”, Pennsylvania

U.S. officials expect that in the coming weeks, Iran is likely to contact individual Americans directly to try to influence how they vote, stir societal divide or incite violence, according to three sources with knowledge of U.S. intelligence reporting on the issue. The U.S. intelligence community noted this month that Iranian hackers appear to have gained access to some Americans’ voting records, as they did in 2020. Last week, U.S. intelligence officials told reporters that both Iran and Russia were continuing propaganda operations to influence American voters and society. A spokesperson for Iran’s mission to the United Nations didn’t respond to a request for comment, but officials for Tehran have routinely denied American accusations of election influence campaigns. In the leadup to the 2020 election, U.S. officials announced that Iran was behind an ambitious effort to sow election discord.

Persons: ”, John Hultquist, Donald Trump, ” Max Lesser, we’ve, IRGC, desecraters Organizations: Google’s Threat Intelligence Group, United Nations, Foundation for Defense of Democracies, NBC News, “, Islamic Revolutionary Guard Corps, Department, Trump militia, Google, Haaretz Locations: Iran, U.S, Sweden, Israel, Russia, Tehran, Florida, Swedish

Trump supporters spread videos on Tuesday of long lines in Buck County, Pennsylvania, where voters were waiting to request a mail-ballot in person. Election officials allow voters to request, fill out and return their mail ballots in person at the county elections office, casting a mail ballot early. Trump and his supporters have pointed to other incidents in Pennsylvania in recent days to advance a narrative of election fraud. Trump claimed on Monday night that there were thousands of fake ballots and fraudulent mail ballot applications in two Pennsylvania counties, Lancaster and York. Whatley, the RNC chairman, also posted a photo Monday of a woman being arrested at a voting service center in Delaware County, Pennsylvania.

Persons: Donald Trump, Trump, James Blair, ” Blair, Elon Musk, James O’Malley, Michael Whatley, “ I’m, Vance, ”, Nate Persily, Kamala Harris, “ It’s, ” Persily, ” Trump, Whatley, Val Biancaniello, Donald J, Josh Shapiro, Shapiro Organizations: Trump, Republican National, Bucks, NBC News, Stanford Law School, RNC, Pennsylvania, Democrat Locations: Pennsylvania, Buck County , Pennsylvania, Bucks County, Allentown, Bucks, Lancaster, York, PENNSYLVANIA, Delaware County , Pennsylvania, Delaware, Delaware County, “ Pennsylvania

In fact, the state polls are showing not just an astonishingly tight race, but also an improbably tight race. Imagine if pollsters in this world conducted 100 identical surveys of 863 randomly selected voters (that’s the average sample size of this year’s swing state polls). Actual swing state polls show far less variation than the benchmarks we would expect in a perfect polling world. Visualizing how the reported polling margins compare to what we would expect in a perfect polling world strongly suggests “herding” of swing state polling margins around the statewide polling averages. The pattern is especially pronounced in Pennsylvania, where a huge share of the public polls have showed a tied race.

Persons: there’s, shouldn’t, Harris, Josh Clinton, pollsters, pollster Organizations: Trump, NBC, Pennsylvania Locations: Pennsylvania, Arizona , Michigan, Wisconsin

WASHINGTON — The Supreme Court on Wednesday allowed Republican officials in Virginia to revive a plan aimed at removing noncitizen voters from the rolls ahead of next week’s election. Virginia has same-day voter registration, meaning that any eligible voter who was removed from the rolls should still be able to vote. The Justice Department said that while states can review its voter rolls, it cannot do so right before an election. States are barred from systematically removing people from voters rolls within 90 days of an election under the National Voter Registration Act. In court papers, the groups said that "the record makes clear that citizens are being removed from the voter rolls."

Persons: WASHINGTON —, commonsense, Glenn Youngkin, Biden, Ryan Snow, Virginia, Patricia Giles, Donald Trump, Trump, Kris Kobach Organizations: Republican, Justice Department, Department of Motor Vehicles, Virginia Coalition for Immigrant Rights, Lawyers, Committee, Civil Locations: Virginia, U.S, Kansas

In 2020, election week replaced election night: Joe Biden wasn’t declared the winner until Saturday. The truth is the Decision Desk cannot know until election night which scenario will unfold, regardless of how carefully we have analyzed the polls, early vote, and other election-related data. One thing is clear: The days of projecting a winner on election night itself are almost certainly over. North Carolina has a similar pattern in how it reports out the vote, with 99% of the vote counted by midnight in past elections. And unlike some other close states, it wasn’t just because the margin was so thin.

Persons: It's, Joe Biden wasn’t, Joe Biden’s, let’s, John Fetterman, —, Stephen Pettigrew Organizations: NBC, Electoral College, Wednesday, Philadelphia, Senate, Congressional, NBC News Locations: Pennsylvania, Georgia, Arizona, Michigan, Wisconsin, Allegheny, Pittsburgh, North Carolina, Nebraska’s, Nebraska, Nevada

From 2008 through 2020, the winning candidate either swept or nearly swept the final six to eight battleground states. Are we still under-sampling Trump voters? Then again, is Trump’s improvement in the polls this cycle an indication the polling community finally got it right on the Trump vote? In 2020, the Trump campaign was the only one knocking on doors during Covid, as the Biden campaign feared scaring its supporters at the doors. The Harris campaign appears invested in doing traditional get-out-the-vote programs in all sorts of places.

Persons: There’s, Donald Trump's, George W, Kamala Harris, Trump, Harris, John Kerry, he’d, Barack Obama, ”, there’s, I’ll, Nikki Haley, you’re, I’ve, Hillary Clinton, “ We’ve, let’s, she’s, Biden, Elon Musk, Charlie Kirk’s, Roe, Wade, Toss, hasn’t Organizations: Trump, North Carolina, Pennsylvania, Sun, Democrats, Republican Party, Democratic, North, NBC, GOP, Republican, White, Republicans, Madison Locations: Northern, Wisconsin , Michigan, Pennsylvania, North Carolina , Georgia, Arizona, Nevada, Omaha , Nebraska, Harris, U.S, New Mexico, Ohio, North, Michigan, Wisconsin, North Carolina, Florida, Georgia, Las Vegas, Omaha, Trump, New York

But for some Arizona voters, only Trump’s election denialism is resonating. A Fox News poll in late August found 32% of Arizona voters surveyed didn’t believe Biden was legitimately elected president. Taylor Hammond, 30, a real estate agent from Phoenix, doesn’t believe Trump lost in 2020. Speaking at a campaign event in Tucson in 2022, Lake said: “We don’t have any McCain Republicans in here, do we? But for other voters, Lake’s false claims about her election loss resonated.

Persons: Donald Trump, Kari Lake, John Giza, Trump, “, parroting Trump’s, Lake’s, Katie Hobbs, ”, Karen Miller, Miller, ” Miller, “ It’s, Brendan Dolleman, Pinal County Sheriff Mark Lamb, Dolleman, Lamb, Ruben Gallego, Sen, Kyrsten Sinema’s, Kamala Harris, Joe Biden, Bill Clinton, didn’t, Biden, Taylor Hammond, Hammond, Lake, ” Hammond, Tyler Hammond, Stephen Richer, don’t, “ I’m, John McCain, McCain, Cindy McCain, ” Neil Rubin, Rubin, Dana Morrison, Hobbs, ” Morrison, Sally Foree, ” Barrett Marson, wasn’t, “ Donald Trump, ” Marson, “ There’s Organizations: Arizona GOP, Walmart, Trump, Lake, NBC News, Senate, ”, Pinal County Sheriff, Republican, Democratic Rep, Democrat, Arizona, Fox, Republicans, Voting, Fox News, Dominion, Mar, Republican Maricopa, CNN, Arizona Republican, “ McCain Republicans, McCain, McCain Republicans, Democratic Locations: Arizona, Giza, Prescott Valley, Scottsdale, Pinal County, ”, Gallego, Maricopa, Phoenix, Republican Maricopa County, Tucson, America, Peoria, Ahwatukee

"The people of Puerto Rico trust you and we have high hopes," said Zoraida Buxo. Before Trump arrived on stage, some of the speakers also took pains to celebrate Puerto Rico. In Pennsylvania, a crucial battleground state, the Puerto Rican population amounts to nearly 500,000 people, according to census estimates. People of Puerto Rican descent comprise the biggest share of Latino eligible voters in Pennsylvania. In a visit to Puerto Rico after the storm Trump tossed rolls of paper towels to residents of the stricken island.

Persons: Donald Trump, Trump, vouched, Tony Hinchcliffe, Zoraida, Tim Ramos, ”, Buxo, God, Sen, Marco Rubio, Rubio, Kamala Harris, Matt Tuerk, Bad Bunny, Harris, Joe Biden, Susan Wild, I’ve, hadn’t, Vance, ” Sen, Bob Casey, Enid Santiago, Santiago, ” Tairy, Hurricane Maria, ” Pagan, “ Organizations: Puerto Rico, Madison Square Garden, Puerto Ricans, Hispanic, Puerto, Republican, Trump, Democratic, Puerto Rican, Reuters, NBC News, CNBC, Telemundo, Democrat, ABC News, Madison, Hurricane Locations: ALLENTOWN, Pa, —, Puerto, Madison Square, Puerto Rico, New York City, Allentown, Puerto Rican, Manhattan, Pennsylvania, Madison, “, Trump, Allentown ., Hurricane

☆ Investors getting very bullish heading into the election
▼ + stars: | 2024-10-30 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The U.S. presidential election is less than one week away, and investor positioning has gotten very bullish. "Animal spirits have been unleashed, as investors haven't wasted time positioning themselves up for a typical post-election/year-end rally," Cau said in a note. He also pointed out that these inflows come as expectations of former President Donald Trump winning next week have increased. Indeed, shares of Trump Media — which have been a market proxy for Trump's 2024 election chances — have soared a whopping 220.5% in the past month alone. "After Q3, we lack confidence that Boeing shares can outperform the market in the next 12 months."

Persons: Emmanuel Cau, haven't, Cau, Donald Trump, —, Kamala Harris, Bernstein Organizations: U.S, Barclays, Trump Media, NBC, Boeing Locations: U.S

CNN has reached out to Terada for comment on the R-FBI’s role in Russian disinformation efforts, and ties to the state. Storm-1516 and R-FBI network members have spread at least 54 different disinformation narratives online since August 2023, according to Clemson and CNN’s analysis. “Does anyone believe that an American would be the spearhead of what some call the biggest Russian Disinformation operation since the cold war? TelegramAnother prominent figure in propagating Russian disinformation is American Tara Reade, a former Senate staffer who in 2020 accused then-presidential candidate Joe Biden of sexual harassment. The links between Terada’s group and other Russian disinformation efforts are at best opaque, which is likely no accident.

Persons: –, Yevgeny Prigozhin, Wagner, Mira Terada, Kamala Harris, Tim Walz, Harris, Walz, Morgan Finkelstein, “ Vladimir Putin, Donald Trump, Trump, ”, Win McNamee, ” Darren Linvill, Patrick Warren, “, Biden, Warren, Kamala, Influencers, John Mark Dougan, Dougan, he’s, Andrew Harnik, MAGA, IMbaMm8YVF, Darren Linvill, Linvill, ” Clemson, Maxim Shugaley, Terada, Vladimir Putin’s “, ” Prigozhin, Konstantin Pridybaylo, Ruslan Ostashko, Colin Gerard, Gerard, Alexander Dugin, picturing, Tara Reade, Joe Biden, Reade, ” Chay Bowes, Simeon Boikov, podcaster, Bowes, ” Warren, Sean Lyngaas, influencers Organizations: CNN, Clemson University’s, Russian Foundation, FBI, Storm, Democratic, Minnesota Gov, Clemson, Getty, NBC, Wired, Prigozhin’s, Internet Research Agency, Miami Chronicle, Boston Times, DC, IRA, Russian, Gov, National Intelligence, US State Department, Minnesota, Apple, Trump, Infrastructure Security Agency, ’, Federal Bureau, Investigation, Kremlin, Wagner Group, US Justice Department, ANO Dialog, BRICS Journalists Association, Washington Post, Center, Forensics Locations: Russian, Ukraine, West, San Francisco, Zambia, Savannah , Georgia, ”, “, American, Zambian, St . Petersburg, Florida, Moscow, Russia, Kazakhstan, Minnesota, Philadelphia , Pennsylvania, Bucks County , Pennsylvania, Bucks County ,, French, Irish, Sydney, European

☆ Betting on the election is the hottest new trend. But can prediction markets keep the momentum going?
▼ + stars: | 2024-10-30 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

The big storyPresidential betsChris duMond; Chip Somodevilla/Getty Images; Jenny Chang-Rodriguez/BIWe're less than a week from election day, but one group can already claim victory: betting markets. Kalshi's legal victory in October over the CFTC to offer election betting paved the way for the trend. iStock; Rebecca Zisser/BIThe betting market's biggest tests might come after the election. Betting markets have Trump as a heavy favorite, whereas traditional polls indicate a tight race. AdvertisementShould Trump win in a landslide, it could strengthen the case for using betting markets as a key tool for election analysis.

Persons: —, Chris duMond, Chip Somodevilla, Jenny Chang, Rodriguez, Matthew Fox, Donald Trump, Polymarket, iStock, Rebecca Zisser, Nate Silver, Tesla, Zuckerberg, Citadel's, Justin Lubell, Lubell, Steve Schwarzman, Ken Griffin, Trump, Tyler Le, Harris, Sundar Pichai, Elon Musk, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi Organizations: Business, Service, Apple, CFTC, Trump, TikTok, Meta Connect, Meta, Bank of America, Blackstone, Republican, Amazon, AWS, Five Apple Intelligence, Google, The Washington Post, Street, Microsoft, Starbucks Locations: French, New York, London

☆ Maybank: USD build up in anticipation of Trump win "a bit overdone"
▼ + stars: | 2024-10-30 | 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 EmailMaybank: USD build up in anticipation of Trump win "a bit overdone"With the U.S. elections looming, Saktiandi Supaat from Maybank discusses the trajectory of the USD, which has strengthened recently in anticipation of a Trump win. He also mentions that the impact of the recent economic data should not be discounted, although it will likely take a backseat to the impact of the election result.

Persons: Saktiandi, Maybank Organizations: Trump

☆ The private sector is 'indispensable' in revitalizing Japan's economy: Japan Exchange Group CEO
▼ + stars: | 2024-10-30 | 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 EmailThe private sector is 'indispensable' in revitalizing Japan's economy: Japan Exchange Group CEOHiromi Yamaji, CEO of Japan Exchange Group, discusses the impact of the U.S. presidential elections on the Japanese market.

Persons: Hiromi Yamaji Organizations: Japan Exchange, Japan Exchange Group, U.S Locations: Japan's

☆ U.S. election will not be an 'uneventful event' for markets, UBS chief Sergio Ermotti warns
▼ + stars: | 2024-10-30 | 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 EmailU.S. election will not be an 'uneventful event' for markets, UBS chief Sergio Ermotti warnsUBS CEO Sergio Ermotti discusses the market outlook for the fourth-quarter, from macroeconomic and geopolitical uncertainty to the impact of the upcoming U.S. elections.

Persons: Sergio Ermotti Organizations: UBS

☆ Who will be the next president? News outlets are running out of ways to communicate the uncertainty
▼ + stars: | 2024-10-30 | by ( Brian Stelter | ) edition.cnn.com time to read: +4 min

New York CNN —“Jump ball.” “Coin flip.” “Toss up.” “Dead heat.” “Deadlocked.” On TV and online, political analysts are running out of ways to say the presidential race is effectively tied. As CNN’s Dana Bash said on “Inside Politics” Tuesday, “this race could not be closer.”In this final week of the campaign, the most important thing for the news media to communicate is uncertainty. On the right, former President Donald Trump and many of his right-wing media allies are expressing unbridled confidence that the Republican is going to win next week. “I spend more hours figuring out ways to say this race is close than New Yorkers spend in traffic,” Enten quipped. Even after all the polls are closed, there may still be uncertainty about the outcome since different states tabulate votes in different ways.

Persons: ”, ” “, CNN’s Dana Bash, Rick Klein, Donald Trump, Laura Ingraham, Jesse Watters, Trump, Matt Lewis, Donie O’Sullivan, “, Kamala Harris, they’re, Michelle Obama, Harry Enten, ” Enten, Enten, Harris, “ I’ve, ” Anthony Salvanto, ” Salvanto Organizations: New, New York CNN, ”, ABC News Washington, CNN, Republican, Fox News, Trump, MSNBC, Fox, Journalists, CBS News Locations: New York, “ MAGA, New

CNN —Michigan prosecutors charged a Chinese citizen with voter fraud and perjury after he allegedly cast a ballot in the 2024 election, authorities announced Wednesday. Authorities said the man isn’t a US citizen, and therefore can’t vote in federal elections. Experts say illegal voting by non-citizens is extremely rare, and when it does happen, it is usually caught quickly. Authorities did not identify the Chinese student accused of voting in the election. Washtenaw County Clerk Lawrence Kestenbaum told CNN ballots can’t be retrieved once they have gone through the tabulator.

Persons: Donald Trump, Jocelyn Benson, Eli Savit, Dana Nessel, can’t, Lawrence Kestenbaum, Kestenbaum, “, ” Kestenbaum, ”, David Becker, Ciara Torres, ” Torres, Spelliscy, Michigan “ Organizations: CNN, University of Michigan, Authorities, Republican, Experts, “, ”, Michigan, Department, Election Innovation, Research, Michigan GOP, Stetson University Locations: Michigan, Ann Arbor, Washtenaw County, China, American

☆ S&P 500 to move 2% on election, with some markets set to be even more volatile, options indicate
▼ + stars: | 2024-10-30 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Options traders are buckling down for outsized volatility around next week's election, according to Goldman Sachs. Two of the funds with the highest implied volatility are linked to China: the KraneShares CSI China Internet ETF (KWEB) and the iShares China Large-Cap ETF (FXI) . Crypto is already a volatile area, but Trump's embrace of the industry during his campaign could spark a significant reaction. The options market implies a move of more than 7% for ProShares Bitcoin ETF (BITO) , according to Goldman. BITO, which holds bitcoin futures, did not exist in 2020, so there are no prior election comparisons for the fund.

Persons: Goldman Sachs, John Marshall, Donald Trump's, Crypto, Goldman, BITO Organizations: CSI China Internet, Regional Banking, Republicans, ProShares, U.S . Securities, Exchange Commission Locations: China, U.S

☆ Biden may have handed Trump a big assist with his ‘garbage’ gaffe
▼ + stars: | 2024-10-30 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Biden mentioned Puerto Rico, slandered as a “floating island of garbage” by a comedian at Trump’s event on Sunday night. “The only garbage I see floating out there is his supporters,” Biden said, pausing for a moment before continuing. She’s now almost certain to be asked whether she also regards Trump’s backers as “garbage.” Her answer will only prolong the story. In a neck-and-neck race that may be decided by mere thousands of votes in swing states, neither Harris nor Trump can afford mistakes. And as CNN reported on Tuesday, his gaffes have caused responses – from eyerolls to outright anger – from some Harris campaign aides.

Persons: CNN — Joe Biden, he’d, Donald Trump, Biden, Kamala President Harris ’, I’m, ” Biden, Harris, “, Andrew Bates, Hillary’s Clinton’s, ”, Karoline Leavitt, Joe Biden, Kamala Harris don’t, Trump, ” Harris, Harris ’, She’s, Hillary, Adolf Hitler, Tony Hinchcliffe, ” Trump, Fox News ’ Sean Hannity, president’s, I’ll, Gretchen Carlson, CNN Clinton, Obama, Bill Clinton, Barack Obama, ” Clinton, Arnold Palmer, isn’t, Hillary Clinton’s “, Biden’s, he’s, Gabby Giffords, CNN’s Kayla Tausche, MJ Lee, Kevin Liptak Organizations: CNN, Madison, slandered, White House, Puerto Rico spewed, Democratic, Trump, East, East Coast Democratic, “, New, Fox News, Biden, Republicans, Capitol, Democratic National Convention, Republican, Puerto, Justice Department, GOP Locations: Puerto Rico, Puerto Rican, Delaware, New York, Puerto, Madison, East Coast, Washington, admonishments, Pennsylvania, Lancaster, Lehigh County, eyerolls, Trump, New Hampshire, Arizona, misspeak, ‘

☆ Europe prepares for 'America First' push no matter who wins the U.S. election
▼ + stars: | 2024-10-30 | by ( Silvia Amaro | ) www.cnbc.com time to read: +2 min

Former President Donald Trump and Vice President Kamala Harris are shown on screen during a debate watch party at the Cameo Art House Theatre in Fayetteville, North Carolina, on Sept. 10, 2024. European politicians and policymakers are busy preparing for more American protectionism regardless of who emerges as the next leader of the White House after elections next week. The presidential race has remained a dead heat going into its final few days, with polling consistently rating the candidates, Vice President Kamala Harris and former President Donald Trump, as being tied within key battleground states and across the country. "Whoever wins will be 'America first'," a senior European diplomat, who did not want to be named due to the sensitive nature of the transatlantic relationship, told CNBC last week. The comments come after a warning from German Finance Minister Christian Lindner, who on Friday told CNBC there could be retaliation if the U.S. kicked off a trade war with the European Union.

Persons: Donald Trump, Kamala Harris, Christian Lindner, it's Organizations: Art House Theatre, White, CNBC, German Finance, Friday, European Union, European, EU, U.S, European Commission Locations: Fayetteville , North Carolina, European, U.S, Washington ,, United States

☆ Police say they think man suspected of setting fires at ballot boxes in the Portland, Oregon, area intends to strike again
▼ + stars: | 2024-10-30 | by ( Chris Boyette | Steve Almasy | ) edition.cnn.com time to read: +5 min

Fires were set at three ballot boxes in the area in the past three weeks. An “incendiary device” found attached to the side of a ballot drop box in Portland, Oregon, early Monday damaged ballots, but most were unaffected because of fire suppressant installed in the ballot box. Investigators have also linked the two incidents to a third ballot box fire on October 8, also in Vancouver, which is just across the Columbia River from Portland. All ballot boxes in Multnomah and Clark counties – where Portland and Vancouver are located, respectively – have fire suppressant installed, election officials said at a news conference Monday. In Clark County, Washington, 60% of the ballots received are from ballot drop boxes and 40% are received by mail, according to Clark County Auditor Greg Kimsey.

Persons: ”, Mike Benner, suppressant, Bob Day, “ That’s, Greg Kimsey, “, Scott, Tim Scott, CNN’s Josh Campbell, Taylor Romine Organizations: CNN — Investigators, Portland Police, Police, ”, Washington, Volvo, US Department of Homeland Security, DHS, Devices, The New York Times Locations: Oregon, Vancouver , Washington, Portland , Oregon, Portland, Vancouver, Columbia, Portland ., Multnomah, Clark, –, Washington, Oregon’s Multnomah, Clark County , Washington, Clark County

☆ U.S. election won't be an 'uneventful event' for global markets, UBS chief says
▼ + stars: | 2024-10-30 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

The outcome of upcoming elections in the world's leading economy is set to ripple into global markets no matter who clinches leadership of the White House, UBS head Sergio Ermotti told CNBC on Wednesday. "We do expect, no matter who wins and the outcome, we do expect some market movements. Markets are bracing as voters flock to the polls on Nov. 5, with the U.S. holding both the world's foremost reserve currency and the largest stock exchange by market capitalization. Under a [Donald] Trump presidency, we see that as being inflationary on the back of his focus on immigration and on tariffs. But we don't see any outcome as being particularly growth positive.

Persons: Sergio Ermotti, CNBC's Annette Weisbach, Ermotti, Donald, Trump, Arun Sai, CNBC's Organizations: White House, UBS, CNBC, Swiss, U.S, U.S . Federal, . Treasury, Pictet Asset Management, Trump Locations: U.S

☆ 'Absurdly cheap': Bottom-up investor names Japan sectors — and stocks — to invest in right now
▼ + stars: | 2024-10-30 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +5 min

Japanese markets have made steady gains so far this week — and one bottom-up investor sees potential for them to advance even further. "When we look at the valuations of a lot of companies, they look absurdly cheap," he added. Department stores Among the segments Kato is looking at favorably in Japan is department stores. His optimism on department stores is an interesting one, given that many have "not expanded for about 30 years." So overall, department stores look quite interesting," he added.

Persons: Mio Kato, Kato, Shigeru Ishiba's Organizations: LightStream Research, CNBC Pro, Nikkei, Tokyo Stock Exchange, Department, Holdings, U.S, Toyota Motor, Nissan, Honda, Toyota Locations: Japan, Southeast Asia, China, U.S

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