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☆ How Trump policies may boost and burden energy stocks and crude oil, all at the same time
▼ + stars: | 2024-11-13 | by ( Spencer Kimball | ) www.cnbc.com time to read: +6 min

While oil stocks tend to follow the direction of crude prices, the energy sector has gained 3.6% since election day, slightly outpacing the S & P 500. Conflicting signals The crude futures market and the oil and gas stocks appear to be taking different messages from Trump's victory. Since the election, natural gas stocks have been big winners on the prospect of more pipeline permitting. The oilfield services companies are also major beneficiaries under a Trump administration, West said. Oil surplus headwind More ominously, an oil and gas production boom under Trump would lower crude oil prices and likely act as a headwind for the industry.

Persons: Donald Trump's, Brent, Andrew Dittmar, Trump, Dittmar, Biden, James West, EQT, Kinder Morgan, West, Baker Hughes, Halliburton, Lee Zeldin, Zeldin, Russia —, Morgan Stanley, Wells, Roger Read, Darren Woods, I'm, Woods, CNBC's Organizations: West Texas Intermediate, Enverus Energy Intelligence, Republican, White, American Petroleum Institute, Oil, Gas, ETF, Interior Department . Offshore drillers, Noble Corporation, Evercore ISI, Pipeline, Williams Companies, Cheniere Energy, Industries, Trump, SLB, New, New York GOP, Environmental Protection Agency, Fox News, Biden, EPA, " Companies, Investors, Department of Energy, CNBC, Exxon Mobil, Exxon, Chevron, White House, Capitol, ISI Locations: China, Gulf of Mexico, Tidewater, Transocean, Gulf, Trump, New York, U.S, Saudi Arabia, Russia, Wells Fargo

A woman in Kentucky who is seeking an abortion filed a lawsuit Tuesday that seeks to strike down the state’s near total ban. The suit, filed by a woman referred to in the documents as Mary Poe, alleges that two Kentucky abortion laws violate the state Constitution’s rights to privacy and self-determination. “I feel overwhelmed and frustrated that I cannot access abortion care here in my own state, and I have started the difficult process of arranging to get care in another state where it’s legal. Poe’s lawsuit is also requesting class-action status for all pregnant people in Kentucky who are seeking access to abortion in the state but are not allowed to receive the medical treatment because of the abortion laws. In 2022, the ACLU was involved in a lawsuit brought by abortion providers on behalf of their patients.

Persons: Mary Poe, “, ” Poe, Court’s Dobbs, Roe, Wade, Brigitte Amiri, ” “, ”, Poe, Amber Duke Organizations: Circuit Court, American Civil Liberties Union, NBC News, ACLU Locations: Kentucky, Jefferson, ” Kentucky

☆ Trump’s emerging team of loyalists is primed for a fast start in his second term
▼ + stars: | 2024-11-12 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

Miller was a powerful White House aide in Trump’s first term, authoring much of his most fiery scripted rhetoric as a speechwriter. Yet despite these draconian visions, there’s uncertainty about how far Trump will go in his deportation program and whether it matches his dystopian speeches. Many Democrats and Republicans could agree on Trump’s vow to start by deporting criminal undocumented migrants — the easiest part of his plan. Trump’s critics and vulnerable undocumented migrants, however, will find little in the president-elect’s new staff picks to offer them comfort. In every incoming presidential administration, staffing is important and provides ideological clues to how a White House will act.

Persons: Donald Trump, he’s, Elon Musk, Stephen Miller, he’d, Tom Homan, Trump, Marco Rubio, CNN’s Kaitlan Collins, Rubio, Donald J, ” Rubio’s, Elise Stefanik, Mike Waltz, ” Rubio, Lee Zeldin, Zeldin, ’, don’t, James Comey, Susie Wiles, Homan, Miller, George W, Waltz, Donald Rumsfeld, Robert Gates . Homan, Alyssa Farah Griffin, ” Griffin, CNN’s Erin Burnett, Trump’s, there’s, —, ”, ” Miller, Trump . Chad Wolf, ” Wolf, CNN’s Jake Tapper, Biden, Vladimir Putin, Volodymyr Zelensky’s Organizations: CNN, it’s, White, Fox News, Democratic, Republican, Republican National Convention, The New York Times, GOP, United Nations, New York, Florida, New York Rep, Environmental Protection Agency, FBI, Senate Foreign Relations, Intelligence, Harvard, Bush, Wing, Customs, Army, Trump White House, CBS, Trump, Conservative Political, Conference, Trump ., Hamas, Democratic Party, Biden Locations: Washington, Lago, Trump’s, Madison, Florida, America, China, Zeldin, Afghanistan, East, Africa, Ukraine, Gaza, Israel, Europe

☆ Anthony Scaramucci is worried about a stock-market crash not seen since the late 1920s if Trump follows through on some of his plans
▼ + stars: | 2024-11-12 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

AdvertisementUS stocks have been on a tear since Trump's win. "Let me tell you something: If Trump enacted 50% of what he's saying, you'll have a stock market crash, the likes that you haven't seen since the 1920s," Scaramucci said. You'll crush the economy; you'll crush our tax revenues; you'll flip upside down the job market," Scaramucci said. "They will not be ready for that, and so the stock market will have gotten wrong the current movement." "My guess is that the stock market aficionados, the stock market experts, are probably right," Scaramucci said.

Persons: SkyBridge Capital's Anthony Scaramucci, Trump, there's, Scaramucci, —, Anthony Scaramucci, it's, Bitcoin, Donald Trump's, didn't, David Bahnsen, he's, — Elon Musk, Elon, Tom Orlik, David Kelly, , Susie Wiles Organizations: Service, House, SkyBridge, Business, Nasdaq, Russell, Trump, Bloomberg Economics, JPMorgan Asset Management, Republican

☆ I'm a wealth manager and handling my parents' estates took years. I'm leaving iron-clad legal directives for my kids.
▼ + stars: | 2024-11-11 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

Ari Brojde thought his grandmother's estate would be easy, but it took nearly three years to settle. Talking ahead of time and getting iron-clad legal directives can speed up estate settlement, he said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Getting it in writing in a way that's legally binding can be impossible. That's why I'm working with professionals, including lawyers and accountants, who are experts in helping people make their intentions clear.

Persons: Ari Brojde, Brojde, —, ealtit, hadn't, we'd, they're, it's, I've, boomers Organizations: Service, Technology

☆ CNBC Daily Open: Trump supercharged the markets, but his policies could make the rally sputter out
▼ + stars: | 2024-11-11 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Timothy A. Clary | Afp | Getty ImagesThis 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. What you need to know todayThe bottom lineWhen the numbers are this good, you've got to start with them. "Equities are eager to price in Trump's domestic growth policies," Barclays strategist Venu Krishna said in a note to clients. While the Trump rally has gotten off to a roaring good start, it remains to be seen when — and more importantly, how — it'll end.

Persons: Walter Lundon, Donald Trump, Timothy A, Clary, you've, Russell, Venu Krishna, Mislav Matejka, Neel Kashkari, Kashkari, — CNBC's Sean Conlon, Yun Li, Jesse Pound, Hakyung Kim Organizations: New York Stock Exchange, Getty, CNBC, Dow Jones, Nasdaq, Trump, Barclays, JPMorgan, Minneapolis Locations: New York City

☆ The coming reign of the only child
▼ + stars: | 2024-11-11 | by ( Ann Friedman | ) www.businessinsider.com time to read: +16 min

American women are having kids later in life, leaving less time to bear multiple children. American women in general are having children later, but the delay is most pronounced among the most educated. Even religious conservatives, who are biblically motivated to be fruitful and multiply, are starting families later and more often having only one child. So what will the coming reign of the only child mean for America? Just as having children is no longer seen as a required stage of adulthood, having siblings will no longer be a de facto part of childhood.

Persons: Hallie Parker, —, Parker, Harry Potter, Harriet, Dennis, Menace, They're untethered, Drew Barrymore, Woods, Kanye, Zers, we've, it's, Granville Stanley Hall, Spock, Hall, Toni Falbo —, Thomas Edison, Jack Welch, Carl Icahn —, Rebecca Zisser, It's, Anastasia Berg, What's, isn't, Berg, Corinne Lyons, wasn't, fiancé, Lyons, China's, Onlies, they'll, iStock, they're, Paul Ehrlich, Anne, Bill McKibben, Elon Musk, JD Vance, Rainer Turim, Ann Friedman Organizations: National Council, Family Relations, Granville, Harvard, Hall, Detroit, Alpha Kappa Alpha Locations: America, Sweden, France, China, Stanford, Vietnam, India, Manhattan, Los Angeles

☆ CNBC Daily Open: Trump kicked off the market rally, but he could also halt it
▼ + stars: | 2024-11-11 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Andrew Kelly | ReutersThis 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. What you need to know todayThe bottom lineWhen the numbers are this good, you've got to start with them. "Equities are eager to price in Trump's domestic growth policies," Barclays strategist Venu Krishna said in a note to clients. While the Trump rally has gotten off to a roaring good start, it remains to be seen when — and more importantly, how — it'll end.

Persons: Republican Donald Trump, Andrew Kelly, you've, Russell, Venu Krishna, Mislav Matejka, Neel Kashkari, Kashkari, — CNBC's Sean Conlon, Yun Li, Jesse Pound, Hakyung Kim Organizations: Republican, U.S, New York Stock Exchange, Reuters, CNBC, Dow Jones, Nasdaq, Trump, Barclays, JPMorgan, Minneapolis Locations: New York City, U.S

☆ 4 ways Trump’s mass deportation plans could hurt your finances
▼ + stars: | 2024-11-11 | by ( Auzinea Bacon | ) edition.cnn.com time to read: +4 min

By contrast, that projected growth would take a hit if Trump were able to enact his mass deportation plans. An estimated 11 million unauthorized immigrants reside in the United States, but Trump’s focus has mostly been on deporting immigrants with criminal records. Goldman Sachs reported in June that it estimates about 1.2 million unauthorized immigrants, or 8% of that population, have criminal convictions. Here’s the financial impact for Americans if Trump follows through on his mass deportation plan. The report noted that inflation could peak at 0.5 percentage points higher under a mass deportation plan.

Persons: Donald Trump, Trump, Goldman Sachs Organizations: CNN, White, Congressional, University of New Hampshire Carsey School of Public Policy, Brookings Institute, US, American Immigration, Social Security, Trump, NBC News, US Immigration, Customs Enforcement, ICE Locations: America, United States

☆ Meet the Press – November 10, 2024
▼ + stars: | 2024-11-10 | by ( ) www.nbcnews.com time to read: +56 min

ANNOUNCER:From NBC News in Washington, the longest-running show in television history, this is Meet the Press with Kristen Welker. In a Meet the Press interview during his 2016 run, he suggested that his insurgent bid could generate cross-party appeal. AMY WALTER:Yeah, and the other thing that, you know, Democrats have been dining off the anti-Trump coalition now since 2017. RAMESH PONNURU:I think Democrats wildly overestimated the power of the abortion issue to drive candidate choice as opposed to referendum. There would be pressure on the president, President Biden, to not run for reelection.

Persons: KRISTEN WELKER, DONALD TRUMP, PRES, JD VANCE, Donald Trump, KAMALA HARRIS, Kamala Harris, JOE BIDEN, John Barrasso of, Bernie Sanders, Garrett Haake, Amy Walter, Ramesh Ponnuru, María Teresa Kumar, it’s, Kristen Welker, Trump, SEN, TED, JOHN MORENO, JD Vance, MIKE JOHNSON, Biden, they've, NANCY PELOSI, Kamala, DEBBIE DINGELL, RITCHIE TORRES, DAVID AXELROD, ALEXANDRIA OCASIO, unquote, JON FAVREAU, Joe Biden's, JON LOVETT, Joe Biden, “, “ It's, … they're, I'm, Steve Kornacki, STEVE KORNACKI, Kristen, ”, Trump's, That's, You've, Donald Trump's, Harris, Barack Obama, John McCain, it's, Steve, They're, you've, Barrasso, Press . SEN, JOHN BARRASSO, Bill Clinton “, ” Donald Trump, JOHN, We've, He's, we've, that's, Lindsey Graham, He'll, Robert F, Kennedy Jr, Trump hasn't, Susie Wiles, we're, President Trump, John Kennedy, Bobby, Sanders, BERNIE SANDERS, Let's, Nancy Pelosi, I’m, James Carville, JAMES CARVILLE, I've, Sotomayor, Garrett, he's, GARRETT HAAKE, John Barrasso, Paul Ryan's, Amy, AMY WALTER, – KRISTEN WELKER, It's, –, María Teresa, David Noriega, Mario, DAVID NORIEGA, MIREYA ALVAREZ, MARIO ALVAREZ, MARÍA TERESA KUMAR, Ramesh, RAMESH PONNURU, Richard Nixon, Aaron Burr, didn't, he'd, They've, TERESA KUMAR, María, – MARIA TERESA KUMAR, Dobbs, should've, Harris would've, ” KRISTEN WELKER, We'll Organizations: Republicans, Senate, Vermont, NBC, Capitol Hill, National, Press, NBC News, Arizona, Democratic, Republican, REP, Twitter, Trump, Republican Senate, Supreme, White, National Political, Republican Party, Democratic Party, Biden, Senate Republican, Press ., Trump's, United States Senate, Justice Department, Democrat Party, Security, Social Security, FDR, they're, California, Mr, Trump swiped, Democrats, –, Veterans Locations: United States of America, United States, John Barrasso of Wyoming, Washington, American, ALEXANDRIA, CORTEZ, USA, America, California, New York, Wisconsin, Madison , Wisconsin, Milwaukee County, Harris, Arizona, Pennsylvania, Mexico, Vermont, Nancy, Congress, U.S, Texas –, Texas, Philadelphia

☆ A shadow ‘financial crisis’ has cost the world $2 trillion
▼ + stars: | 2024-11-10 | by ( Samantha Delouya | ) edition.cnn.com time to read: +3 min

That’s a lot of damage – but it’s only a small fraction of what climate change has cost people around the world. A new report is flashing a warning signal about climate change and natural disasters, finding that their total economic damage has skyrocketed into the trillions. “Just as the global financial crisis was met with a swift and concerted response from world leaders, we need governments to understand that the economic impact of climate change necessitates a response of similar speed and decisiveness,” said John W.H. Trump has promised to undo climate regulations in the country, including rolling back pollution limits on tailpipes and power plants. Separate data released last week by Europe’s Copernicus Climate Change Service confirms that the world will likely surpass a grim milestone this year: 2024 is likely to be the hottest year on record.

Persons: Hurricane Helene, Hurricane, ”, John W.H, Denton AO, Donald Trump, Trump, ” Denton, Europe’s Copernicus Organizations: CNN, International Chamber of Commerce, United Nations, ICC Locations: Hurricane, Hurricane Milton, CoreLogic, Azerbaijan, Paris

☆ Blurred vision, shortness of breath, massive bills: Residents near a Georgia chemical plant fire say they’re suffering a month later
▼ + stars: | 2024-11-10 | by ( Holly Yan | ) edition.cnn.com time to read: +20 min

Conyers residents Kisha and Akeno Reid say they have suffered ongoing symptoms since the BioLab fire more than a month ago. Rockdale County issued a shelter-in-place advisory for 90,000 residents, and about 17,000 residents had to evacuate. Peter Zay/Anadolu/Getty Images/FileAbout 15,000 students from Rockdale County Public Schools couldn’t go to school for three weeks and had to learn remotely. The announcement came the same day Rockdale County lifted its nightly shelter-in-place advisory, which lasted for weeks. “The damage is already done.”Like other residents, Smith worries about her property value plummeting and possible long-term hazards to her family.

Persons: ”, Kisha Reid, she’s, haven’t, Akeno, won’t, it’s, Akeno Reid, Holly Yan, –, Reid, “, Mr, Brandy, Conner, Darryl Brown, Alicia, Curtis Compton, Hurricane Laura, Bryan Vasser, Vasser, ” Vasser, they’re, …, Kisha Reid Conner, Hydroxyzine, he’s, “ I’m, ” BioLab, BioLab, Conyers, “ That’s, ” Weeks, Peter Zay, Rockdale County Public Schools couldn’t, Terry Oatts, Reid’s, Ms, ” Ms, KIK, ” Conner, Christine Smith, Smith, ” Smith, defecating, ” Christine Smith, CNN Smith, Weeks Organizations: Georgia CNN, ” CNN, CNN, US Chemical Safety, Hazard Investigation, “, Atlanta –, for Disease Control, Prevention, CDC’s Agency, Toxic Substances, Disease Registry, Environmental Protection Agency, EPA, Air, Agency, Getty, Rockdale County Public Schools, KIK Consumer Products, Distribution, U.S . Chemical Safety Board Locations: Conyers, Georgia, Kisha, ”, BioLab, Richfield, Rockdale, Rockdale County, Westlake , Louisiana, Hurricane, Atlanta, Conyers , Georgia, Conyers ’, Anadolu, Texas, Cairo

☆ The 4 most interesting things from Airbnb's earnings
▼ + stars: | 2024-11-08 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Airbnb reported earnings after the market closed on Thursday. AdvertisementAirbnb's third-quarter earnings report showed that the company keeps growing — and that 2025 will be the year it breaks into a new business. Here are the highlights from the earnings report:Airbnb's third-quarter revenue grew despite a slow startAirbnb's revenue for the quarter rose 10% to $3.73 billion. Bookings were slow early in the quarter but picked up later, CEO Brian Chesky said on Thursday's earnings call. "We'll remain focused on accelerating growth while preparing for Airbnb's next chapter, which will take us beyond accommodations," the press release read.

Persons: Airbnb, Brian Chesky, —, Chesky, Airbnb's, Axel Springer Organizations: Service, Reuters, Inc Locations: Airbnb

☆ FDA proposes ending use of decongestant found in many cold, allergy medicines
▼ + stars: | 2024-11-07 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +4 min

The Food and Drug Administration on Thursday proposed ending the use of a common ingredient found in many popular over-the-counter cold and allergy medications. The agency said an extensive review of available data determined that the ingredient, oral phenylephrine, doesn't actually relieve nasal congestion. The FDA said the proposed order is not based on safety concerns and not final yet, which means companies can still market over-the-counter drugs containing oral phenylephrine for now. Last year, CVS said it has already moved to pull certain medicines containing oral phenylephrine. The designation, typically used for older medicines, allows drugmakers to include an ingredient in over-the-counter products without the need to file an FDA application.

Persons: doesn't, Patrizia Cavazzoni, Johnson, Kenvue, Phenylephrine, Pseudoephedrine Organizations: Drug Administration, FDA, FDA's Center, Drug, Research, CVS, Procter, Gamble, Bayer, Walgreens, University of Florida, Consumer Healthcare Products Association Locations: Hawthorne , California, U.S

☆ A top mind at JPMorgan Asset Management warns of clear economic red flag after Trump's big win, despite soaring US stocks
▼ + stars: | 2024-11-07 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

US stocks had one of their best days in years and hit new records after Trump's resounding win over Kamala Harris in Tuesday's election. Both of those moves make sense, said David Kelly, the global strategy chief at JPMorgan Asset Management, in an interview on Wednesday. AdvertisementThe strategy chief has been adamant that higher tariffs — one of Trump's key proposals — would cripple the US economy and endanger the global economic expansion. Related storiesMost economists condemn tariffs, which are taxes on imports, because they tend to lead to higher prices and lower economic growth. Sean Gallagher, the global head of Lazard's small-cap equity platform, made a similar point in a recent interview with Business Insider when asked about Trump's tariffs and Kelly's stance.

Persons: Stocks, Donald Trump, David Kelly, Wall, he's, —, Donald Trump's, Trump's, Kamala Harris, Kelly, Trump, Mahatma Gandhi, I'm, I've, Tom Orlik, who's, Chris Murphy, Susquehanna's, Orlik, Sean Gallagher, Gallagher, maven, He's, inflation's Organizations: House . Market, Service, Nasdaq, US, JPMorgan Asset Management, Republican, JPMAM, Bloomberg Economics, Business, Trump Locations: Tuesday's

☆ I'm a divorce attorney for celebrities and the ultrawealthy. My advice is to treat marriage like a business transaction.
▼ + stars: | 2024-11-06 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +5 min

Kristina Royce, a divorce attorney, says marriage should be treated like a business transaction. I've been a matrimonial lawyer for 23 years, representing high-net-worth individuals, including celebrities and entrepreneurs, who are navigating marriage or divorce. However, marriage is a business transaction with the potential for huge financial consequences, so it needs to be treated as such. AdvertisementBefore marriage: Create financial intimacyI believe a successful marriage requires three types of intimacy: sexual, emotional, and financial. Speaking to a divorce lawyer can help break down the communication barrier and ensure each person is educated about their rights and what they own.

Persons: Kristina Royce, Royce, —, It's, I've, doesn't, Tess Martinelli Organizations: Service Locations: Los Angeles, tmartinelli

☆ I'm a divorce attorney for the rich and famous. Here are the biggest mistakes I've seen clients make.
▼ + stars: | 2024-11-06 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +5 min

Kristina Royce, a divorce attorney, says marriage should be treated like a business transaction. I've been a matrimonial lawyer for 23 years, representing high-net-worth individuals, including celebrities and entrepreneurs, who are navigating marriage or divorce. I help my clients navigate this process as smoothly as possible during the divorce, but their most impactful divorce decisions were made before they even got married. AdvertisementBefore marriage: create financial intimacyI believe a successful marriage requires three types of intimacy: sexual, emotional, and financial. Speaking to a divorce lawyer can help break down the communication barrier and ensure each person is educated about their rights and what they own.

Persons: Kristina Royce, Royce, —, It's, I've, doesn't, Tess Martinelli Organizations: Service Locations: Los Angeles, tmartinelli

☆ You could face the 'survivor's penalty' after a spouse dies — here's how to avoid it
▼ + stars: | 2024-11-06 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

Andrew Bret Wallis | The Image Bank | Getty ImagesAfter a spouse dies, some retirees face a costly surprise — higher taxes. The shift from married filing jointly to single on future tax returns can trigger a "survivor's penalty," depending on whether your income changes. After that, older survivors typically use the "single" filing status, which may have higher tax rates, with narrower tax brackets and a smaller standard deduction. The IRS recently unveiled higher tax brackets and standard deductions for 2025. The survivor's penalty affects American women more often than men, because women are more likely to outlive male spouses.

Persons: Andrew Bret Wallis, Judy Brown, Brown Organizations: Bank, Getty, SC, H Wealth Advisors, D.C, IRS, Centers for Disease Control Locations: Washington, Baltimore

Tecoluca, El Salvador CNN —Sunlight pours into the cavernous building. Opened less than two years ago, it is already an iconic feature of the “new El Salvador” of President Nayib Bukele. The cells are meticulously clean — an intentional and stark contrast to the dingy and squalid prisons of El Salvador’s past. He even created his own clique, “Crazy Criminals,” now tattooed across his back, after he returned to El Salvador. Critics inside and outside El Salvador question the veracity of the government’s crime data and claimed success over the gangs.

Persons: El Salvador ”, Nayib Bukele, ”, Cecot, Belarmino, Gustavo Villatoro, “, El Salvador —, ‘, Marvin Vásquez, he’s, —, Vásquez, ” Vásquez, “ Rob, it’s, “ It’s, García, Bukele, ” Bukele, …, Juan Carlos Sánchez, Belarmino García, David Culver, Evelio Contreras, Cecot’s García, El, Salvador Molinas, Molina, we’ve Organizations: El Salvador CNN, El, CNN, Central American, Barrio, Law Foundation, Bukele Locations: El Salvador, El Salvador’s, El, Los Angeles, Cecot, America, San Salvador

☆ Where Harris’ campaign went wrong
▼ + stars: | 2024-11-06 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +14 min

It was a moment that encapsulated one of the biggest challenges facing her campaign – which, in the end, proved insurmountable. CNN spoke with over a dozen senior Harris campaign aides both in the Wilmington, Delaware, campaign headquarters and on the ground in the states, as well as multiple volunteers and local elected officials, over the course of the final weeks of the race. Vice President Kamala Harris makes her way to board Air Force Two before departing Dane County Regional Airport in Madison, Wisconsin on September 20. Biden could have taken on a role as steward and elder statesman, rather than a guy the Harris campaign never knew quite what do with. And those tensions manifested from almost the start of this short campaign, in the internal wrangling over who Harris should pick as her running mate.

Persons: Kamala Harris, Biden, ”, Hostin, Harris, didn’t, Joe Biden –, Donald Trump, Mandel Ngan, —, they’d, Liz Cheney, Bill Clinton, Bad Bunny, Arnold Schwarzenegger, ” Sen, Cory Booker, ” Booker, “, I’m, That’s, We’ve, Walz Harris ’, Lady Gaga, “ I’m, Biden hadn’t, Jen O’Malley Dillon, Barack Obama –, David Plouffe, –, Stephanie Cutter, Josh Shapiro, Harris ’, Tony West, Shapiro, Tim Walz, Trump’s, Ohio Sen, JD Vance, Walz, Vincent Alban, Obama, outperforming Harris, he’d, Austin Steele, Cedric Richmond, “ We’ve Organizations: CNN, Republican, Democrat, Democratic, Air Force, Dane County Regional Airport, Getty, Israel, fumed, Democratic Party, Trump, GOP, The New, The New Jersey Democrat, Philadelphia Museum of Art, Barack, Pennsylvania Gov, Pennsylvania, Obama, Minnesota Gov, Reuters, White, Howard University, Howard Locations: Wilmington , Delaware, Dane, Madison , Wisconsin, AFP, Bucks County , Pennsylvania, The, The New Jersey, Canada, American, Wilmington, Philadelphia, Minnesota, West Ellis , Wisconsin, Delaware, North Carolina, Washington ,

☆ Trump vow on new trade war sends shockwaves through supply chain, importers scramble to move up orders
▼ + stars: | 2024-11-06 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +9 min

The global tariff threat is fueling calls for frontloading from all around the globe," he said. But they added it is based on the belief is tariffs increase the costs of trade, in turn lowering demand and volumes. "Shipping is a global industry feeding on international trade, so another Trump presidency is a step in the wrong direction," said Sand. "The knee-jerk reaction from U.S. shippers will be to frontload imports before Trump is able to impose his new tariffs." Logistics companies serving the Mexico to U.S. cross-border trade tell CNBC new Trump tariffs can have a negative impact on historic cross-border truck trade.

Persons: Donald Trump, Trump, Paul Brashier, Brashier, Swift, Ben Slupecki, Morningstar, Lars Jensen, Jensen, Peter Sand, Slupecki, Jefferies, Omar Nokta, Robert Lighthizer, Piper Sandler, Matthew Rubel, USTR, Obama, Peter Boockvar, Stephen Lamar, Lamar, Matthew Shay, Elect Trump Organizations: ITS Logistics, Trump, frontloading, Trucking, Hunt Transport Services, Schneider National, Norfolk Southern, CSX, Republican, U.S ., Maersk, . Shipping, Vespucci, CNBC, Shipping, U.S . Trade, Committee, Trade, White, Bleakley Financial, American Apparel and Footwear Association, National Retail Federation, Congress, Biden, Logistics Locations: United States, U.S, Maersk, East Coast, Mexico

Tech billionaire Elon Musk and his business empire stand to reap massive rewards if former President Donald Trump returns to the White House. Elon Musk joins former US President Donald Trump during a campaign event in Butler, Pa., on Oct. 5, 2024. “I love Elon Musk,” Trump said at a rally in July. It’s not clear how Musk and Trump would navigate the ethical questions around a possible government role for the tech billionaire. “He would be in much less trouble in a Trump administration because Trump shares his hostility to regulation and regulators,” Richard Pierce, a law professor at George Washington University specializing in government regulation, told NBC News in an interview earlier this year.

Persons: Elon Musk, Donald Trump, Musk, Trump, Vladimir Putin, SpaceX, ” Musk, Brian Hughes, ”, ” Hughes, Justin Merriman, ” Trump, “, walling, Kamala Harris, Harris, Biden, Larry Krasner, ” Richard Pierce, John Raoux, Angela Aneiros, ” Aneiros, Tesla, There’s, SpaceX countersued, • Tesla, ” SpaceX, Starlink, Justice Department —, Tucker Carlson, Carlson, he’s, SpaceX’s, Kamala Organizations: Tech, Trump, Musk’s, SpaceX, China —, U.S, Wall Street, NBC News, Boeing, Fox News, Bloomberg, Getty Images Trump, D.C, Trump Organization, Budget, America PAC, Philadelphia, George Washington University, Tesla, Co, Kennedy Space Center, Gonzaga University, university’s Center of Law, & Commerce, Justice Department, National, Traffic Safety Administration, Securities and Exchange Commission, Street, Justice, Employment, Commission, National Labor Relations Board, SEC, Twitter, Federal Communications Commission, Federal Aviation Administration, FAA, Safety, Health Administration, NLRB, Reuters, Defense Department, NASA, International, White, National Space Council Locations: China, United States, Taiwan, Ukraine, Washington, Trump’s, Pennsylvania, Butler, Pa, Palm Beach , Florida, Texas, California, Cape Canaveral, Fla, Los Angeles, Austin, Mars

☆ I live in a 450-square-foot apartment and couldn't keep my antique dealer grandma's stuff, so I had to give away valuable items.
▼ + stars: | 2024-11-05 | by ( Jane Ridley | ) www.businessinsider.com time to read: +5 min

Eliza Evans, 38, inherited many items from her grandmother, who was an antique dealer. Grandma was in her element as she picked out the items she wanted. I told them I was going to set up a museum in my house to display the precious items. There were several trips to Goodwill over the years, but I still couldn't part with the sentimental stuff. Do you have an interesting story to share with Business Insider about decluttering or dealing with inherited "stuff" you don't need?

Persons: Eliza Evans, —, We'd, Grandma, she'd, I'd, Chris, COVID, Evans, I've, There's, I'm Organizations: Service, Goodwill, Catholic, Swiss Army, Business Locations: Chicago, Florida, Virginia, Spain, Europe, Richmond

☆ Former Fed president Fisher: Very worried about the deficit and interest burden under each candidate
▼ + stars: | 2024-11-05 | 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 EmailFormer Fed president Fisher: Very worried about the deficit and interest burden under each candidateRichard Fisher, former Dallas Federal Reserve president breaks down the mindset of inflation and the deficit.

Persons: Fisher, Richard Fisher Organizations: Former, Dallas Federal Reserve

A new federal rule will prohibit schools from charging transaction fees to low-income students when their families electronically deposit funds into their lunch accounts. The report estimated that school meal payment processors collect more than $100 million in transaction fees a year. “The policy announced today will ensure fairness for all students receiving meals at a reduced price, even when paying online,” USDA said in a statement Friday. "USDA should keep working hard on this issue so that families aren’t squeezed for every nickel and dime." Agriculture Secretary Tom Vilsack, who has advocated for free school meals for all children, called the ban on transaction fees for some families a “major” step.

Persons: ”, Marisa Kirk, Epstein, Sen, Elizabeth Warren of, Bernie Sanders, ” Warren, Harris, Tom Vilsack, “ Organizations: Agriculture Department, Consumer Financial Protection Bureau, Consumer Financial, Democratic, USDA, Biden, NBC News Locations: Elizabeth Warren of Massachusetts

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