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I was charged $2,500 for damages on my rental car, and I didn't have insurance — just my credit card reimbursement. Luckily, I had rental car insurance through my Chase Freedom credit card. I make it a point to book rental cars on a credit card with a rental car insurance benefit so I can decline the rental car company's collision insurance and save money while still being covered. I saved $250 on my rental car reservation this time by declining the collision damage waiver. I missed one essential documentWhen I got home from Costa Rica, I started the claims process with my credit card immediately so I could be reimbursed for the $2,500 charge before my credit card bill was due.

Persons: —, I'd, takeout, Chase, they're, I've, I'm, I, That's Organizations: Business, Service, Enterprise, Chase, Chase Travel, Spanish, Costa Rica —, Costa Rican Enterprise, U.S . Enterprise Locations: Costa Rica, San, Puerto Viejo, Costa Rican

☆ A famed economist who called the 2008 recession warns stocks are in a 'mega-bubble' with the S&P 500 ahead of fundamentals by at least 25%
▼ + stars: | 2024-10-19 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Economist David Rosenberg warns the stock market is in a "mega-bubble." The S&P 500 continues to register new highs and has climbed an incredible 23% so far this year. For investor positioning, here's household equity ownership as a percentage of assets as of the start of this year. Related storiesBy Rosenberg's measure, the S&P 500 is at least 25% higher than where fundamentals suggest it should be. AdvertisementSince then, the S&P 500 has risen to 5,864.

Persons: David Rosenberg, Rosenberg, —, That's, it's, J.P, Morgan Organizations: Service, Rosenberg Research, Federal Reserve

☆ New Mexico governor won't renew ban on carrying firearms in public
▼ + stars: | 2024-10-18 | by ( Deon J. Hampton | Deon J. Hampton Is A National Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

Michelle Lujan Grisham said she will not renew a public health order that temporarily banned carrying firearms in public parks and playgrounds in Albuquerque, the state's largest city. Lujan Grisham said in a news release Wednesday that more than 1,700 firearms were collected in gun buybacks over the past year because of the order. So there’s no way we could enforce that order.”Lujan Grisham issued the temporary order, originally a 30-day ban, in September 2023 after an 11-year-old boy was shot and killed in an Albuquerque park. In addition to restricting firearms in public parks and playgrounds in Bernalillo County, it strengthened oversight of firearm sales and implemented wastewater testing for fentanyl in public schools. State Attorney General Raúl Torrez, a Democrat, wrote in a letter last year that he opposed Lujan Grisham’s decision.

Persons: Michelle Lujan Grisham, Lujan Grisham, Greg Baca, ” Baca, ”, Dudley Brown, Bernalillo County Sheriff John Allen, Allen, ” Lujan Grisham, Raúl Torrez, Lujan Grisham’s, “ Organizations: New, New Mexico Gov, Democratic, Republican, National Association for Gun Rights, Bernalillo County Sheriff, Democrat, State Locations: New Mexico, Albuquerque, Bernalillo, ”, Bernalillo County

☆ Say goodbye to deductibles. This health plan is simplifying health care costs and coverage.
▼ + stars: | 2024-10-18 | by ( Sponsor Post | Sponsored Unitedhealthcare | ) www.businessinsider.com time to read: +5 min

It's a modern employer-sponsored health plan designed to help simplify the process of choosing where to receive care by offering members the information they need upfront, enabling them to comparison shop for care. What's different with the Surest health plan? The result, according to a recent study, is that Surest members pay 54% less out of pocket compared to those in traditional plans. "The Surest health plan addresses many of the obstacles that consumers face, including by eliminating complicated math with clear, upfront cost and coverage details," Richards said. People who've tried the Surest plan usually like itConsumers cite ease of use, price clarity, and cost savings as some of the top advantages.

Persons: Surest, Alison Richards, " Richards, coinsurance, Aon, Dan Kueter, who've, It's Organizations: Employers, Insider Studios Locations: It's, Surest, Hawaii

☆ Chinese robotaxi firm Pony AI files for U.S IPO
▼ + stars: | 2024-10-17 | by ( ) www.cnbc.com time to read: +2 min

Pony AI, in which Japan's Toyota owns a 13.4% stake, revealed that its revenue nearly doubled to $24.7 million in the first half of 2024. Net loss attributable to the company was $51.3 million in the same period, compared with $69.4 million last year. The number of Chinese companies that pursued stock market flotations in the U.S. dropped in the past few years after Beijing clamped down on offshore capital-raising in 2021. EV maker Zeekr's debut in May was the first big listing by a Chinese company in the U.S. since then. Pony AI has applied to list on the Nasdaq stock exchange under the ticker symbol "PONY."

Persons: Saudi Arabia's NEOM, BingEx, Goldman Sachs Organizations: Toyota, U.S . Federal Reserve, Japan's Toyota, Saudi Arabia's, Zeekr's, Nasdaq, BofA Securities, Deutsche Bank, Huatai Securities, Tiger, underwriters Locations: Beijing, China, U.S, Saudi

☆ Kylian Mbappé’s representative says legal action ‘will be taken’ against Swedish media over rape allegations
▼ + stars: | 2024-10-15 | by ( George Ramsay | Saskya Vandoorne | ) edition.cnn.com time to read: +3 min

The press release provided by the Swedish prosecutors did not identify any specific individuals. “A new slanderous rumor is starting to set the web ablaze, originating from the Swedish media AFTONBLADET and EXPRESSEN,” Mbappé’s representative told CNN on Tuesday through a public relations firm. Kylian Mbappé will not tolerate under any circumstances that his integrity, reputation and honor be tarnished by unfounded insinuations. She said he went to training on Tuesday and described the Frenchman as being “absolutely calm” despite the accusations. According to AFP, Mbappé traveled to Stockholm last week and spent Thursday and Friday in the Swedish capital.

Persons: Kylian Mbappé, Prosecutors, ”, ” Mbappé’s, Marie, Alix Canu, Bernard, Frenchman, Bernard said, “, Mbappé, CNN’s Henrik Pettersson, Jill Martin, David Close, Patrick Sung Organizations: CNN, SVT, RMC, RMC Sport, TF1, Real, UEFA Nations League, Israel, Belgium, Real Madrid, AFP Locations: Swedish, Stockholm, Canu, ”, Real Madrid, France’s

☆ Health-care costs hit a post-pandemic high. These moves during open enrollment can help
▼ + stars: | 2024-10-14 | by ( Jessica Dickler | ) www.cnbc.com time to read: +7 min

Because of higher costs, employers are considering new ways to adjust their plan offerings, WTW found. Currently, employers subsidize about 81% of health-care plan costs, on average, while employees pay the remainder, according to professional services firm Aon. For workers, health-care expenses are already high: Family premiums for employer-sponsored health insurance rose 7% this year to an average of $25,572, KFF's 2024 benchmark employer health survey found. Health savings accountsAlong with a high-deductible health insurance plan, more than 50% of employers also offer a health savings account, or HSA, which can help with additional health-care costs. This is called supplemental life insurance, or voluntary life insurance, and it's optional coverage that you can add to your employer's basic group policy.

Persons: Aon, there's, Willis Towers Watson, WTW, Mercer, Beth Umland, Tim Stawicki, Regina Ihrke, Gary Kushner, WTW's Ihrke, Ihrke, Gallagher, Tom Kelly Organizations: Finance, Security, Workers, North, Kushner & Company, IRS Locations: U.S, North America

Springfield, Ohio CNN —It’s just past 4am. To lose them would be a blow to his business, he told CNN. They’re ready to give birth in probably the next couple hours, and they’ve never had a single prenatal visit,” Cook told CNN. Haitians sit down to eat their meal at a Haitian restaurant in Springfield, Ohio, on September 12, 2024. That’s tough,” Heck told CNN.

Persons: Springfield , Ohio CNN — It’s, Daniel Aula, he’s, Aula, wasn’t, “, ”, Donald Trump, Ohio Sen, JD Vance —, Trump, Vance, He’s, Ross McGregor, McGregor, ” McGregor, they’d, “ We’ve, Bryan Heck, Springfield Mayor Rob Rue, we’ve, Chris Cook, “ You’ve, they’ve, ” Cook, Cook, “ That’s, Biden, Sens, Sherrod, Ohio Brown, Tim Scott of, Tim Scott of South Carolina —, cc’d Vance, ” Heck, Rent, Rue, Rob Rue, Dominic Gwinn, Jaob Payen, Daniel Driscoll, I’ve, ” Andy Wilson, it’s, —, Mike DeWine, Kerry Lee Pedraza, Pedraza, ” Pedraza, Roberto Schmidt, Aula’s, Harris, Alejandro Mayorkas, Katie Kersh, Kersh, ” Kersh, Lebon, ” Lebon, Sassy ”, ’ ”, “ ’, Sen, JD Vance, Matthew Hatcher, ‘, Fran DeWine, Prince —, ” DeWine, DeWine, that’s, ’, Daniel Aula’s, ” Aula, ” “, CNN’s Catherine E, Shoichet, Kate Sullivan, Daniel Dale Organizations: Springfield , Ohio CNN, CNN, Biden, Nation, Springfield City, Springfield Mayor, Springfield, Infants, Children, City, Getty, US Navy, Republican, Ohio Department of Public, Patrol, Springfield Police, United, “ Haitian Coalition, AFP, United Nations Human Rights, UN, US, Homeland, TPS, “, Gov, Ohio Gov, Trump, Underground Railroad Locations: Springfield , Ohio, Haiti, Springfield, Ohio, November’s, Clark County, Pentaflex, Haitian, Tim Scott of South Carolina, ”, County, City, United States, Creole, Leesport , Pennsylvania, Port, DeWine, America, Germans, “, —

Why Nevada Latinos Are Losing Faith in GovernmentLas Vegas is best known for its glittering casinos along the Strip, but it is also a perennial political battleground. Much of that growth comes from Hispanic voters, who make up more than 20 percent of the Nevada electorate. Scroll to play video Muted Jonathan Ocampos Jonathan Ocampos Etelvina Zamora-Esquivel Etelvina Zamora-Esquivel Vanessa Martinez Vanessa Martinez Alfonso N. Lopez Alfonso N. Lopez Vanessa Martinez Vanessa Martinez Alfonso N. Lopez Alfonso N. Lopez Jonathan Ocampos Jonathan Ocampos “Buying a house. Livier Maxwell “Things were better for me when he was in office, I had more money in the bank,” she said. Scroll to play video Muted Vanessa Martinez Vanessa Martinez Jonathan Ocampos Jonathan Ocampos Alfonso N. Lopez Alfonso N. Lopez Livier Maxwell Livier Maxwell Marco Hernandez Marco Hernandez Livier Maxwell Livier Maxwell Jonathan Ocampos Jonathan Ocampos Rafael Cerros Jr. Rafael Cerros Jr. Marco Hernandez Marco Hernandez Jonathan Ocampos Jonathan Ocampos Alfonso N. Lopez Alfonso N. Lopez “As a Latina, “As a Latina, I feel like I should be more offended by the way, I feel like I should be more offended by the way, Trump speaks about immigrants coming over.

☆ Wealthy millennials and Gen Z are redefining philanthropy
▼ + stars: | 2024-10-10 | by ( Robert Frank | ) www.cnbc.com time to read: +3 min

Wealthy millennials and Gen Zers are redefining the world of charitable giving, seeing themselves more as activists than donors, according to a new study. Older donors give from of a sense of responsibility. Those over the age of 44 were more than twice as likely to give due to "obligation" than younger donors. Those under 43 were more likely to cite self-education and the influence of their social circle as drivers of their philanthropy. The younger wealthy are still building their fortunes and inheriting their wealth, so they're more likely to give their time and help fundraise.

Persons: Robert Frank, millennials, Zers, Gen Xers, Dianne Chipps Bailey, fundraise, Bailey, They're Organizations: Bank of America Private Bank

☆ Russia cut off its troops from Discord, the video gaming comms tool they use to coordinate attacks in Ukraine
▼ + stars: | 2024-10-09 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

Russian troops have been using Discord to coordinate drone attacks, but it was banned on Tuesday. Federal regulators said they blocked the gaming messaging platform because it could be used for crime. Discord allows users to join a closed group voice call and livestream to other users from their screens or cameras. One pundit channel, Military Informant, blasted Roskomnadzor's decision as "madness," while another sarcastically thanked the regulator for giving Russian troops another challenge to "bypass the consequences of another wise decision." Discord, Roskomnadzor, and the Russian defense ministry did not immediately respond to comment requests sent outside regular business hours by Business Insider.

Persons: —, Roskomnadzor, Anton Gorelkin, Vladislav Davankov, Davankov, Ekaterina Mizulina, Mizulina, Roman Alekhine, Roskomnadzor's, Alekhine Organizations: Service, TASS, Russian State, State Duma, Safe Internet League, Military, Russian, YouTube, VK, Russia's, Business Locations: Moscow, US, Ukraine, Russian, Russia, Bakhmut

☆ Luis Tiant, Crowd-Pleasing Pitcher Who Baffled Hitters, Dies at 83
▼ + stars: | 2024-10-08 | by ( Bruce Weber | More About Bruce Weber | ) www.nytimes.com time to read: +1 min

Luis Tiant, a Cuban-born right-hander who was one of baseball’s most entertaining and charismatic pitchers, and whose personal story was among the game’s most poignant, died on Tuesday. His death was announced by the Boston Red Sox, for whom he pitched in the 1970s. The team did not say where he died or cite the cause. El Tiante, as he was known on the sports pages — or Loo-ee! as stadiums full of fans would often chant while he was on the mound — won 229 games over 19 big-league seasons, playing for teams in six cities, notably Cleveland and Boston, where he led the Red Sox to a World Series and became one of the most beloved players in the team’s storied history.

Persons: Luis Tiant, El, —, Tiant, Don Sutton, Don Drysdale, Lefty Gomez, Dizzy Dean, Roger Clemens, Whitey Ford, Catfish Hunter, Sandy Koufax, Bob Feller Organizations: Boston Red Sox, Red Sox Locations: Cuban, Cleveland, Boston, Cuba

Two Democratic lawmakers are demanding that some of the biggest food and beverage companies stop engaging in “shrinkflation” — the practice of reducing product sizes while charging prices that are the same or higher. Spokespeople for General Mills, Coca-Cola and PepsiCo did not immediately respond to requests for comment. President Joe Biden has mentioned shrinkflation numerous times, declaring it a “rip-off” in a video he posted to X. Sarah Gallo, senior vice president of federal affairs at Consumer Brands Association, a trade group that Coca-Cola, PepsiCo and General Mills all belong to, defended industry practices to NBC News. Dean said the letters were sent to “ease the wrongful burden” the companies are imposing on consumers.

Persons: Sen, Elizabeth Warren of, Madeleine Dean of, Mills, General Mills, Jeff Harmening, James Quincey, “, Ramon Laguarta, Spokespeople, Warren, Dean, ” Warren, ” Sen, Elizabeth Warren, Ting Shen, Joe Biden, Nailya Ordabayeva, ”, ” Ordabayeva, shrinkflation, Doritos, Sarah Gallo, ’ ” Dean Organizations: Democratic, Elizabeth Warren of Massachusetts, Cola, PepsiCo, NBC, North, Retail, CNBC, Gatorade, Republican, Taxation, Economic, “, NBC News, Bloomberg, Boston University Questrom School of Business, Consumer Brands Association, General, Federal Reserve Bank of San Locations: shrinkflation, Washington, Federal Reserve Bank of San Francisco

☆ Sen. Elizabeth Warren and Rep. Madeleine Dean demand food and beverage CEOs put a stop to 'shrinkflation'
▼ + stars: | 2024-10-07 | by ( Elizabeth Chuck | ) www.cnbc.com time to read: +7 min

In pointed letters, Sen. Elizabeth Warren of Massachusetts and Rep. Madeleine Dean of Pennsylvania accused General Mills, Coca-Cola and PepsiCo of engaging in a "pattern of profiteering" through shrinkflation and by "dodging taxes." The same with PepsiCo, which "replaced its 32 oz Gatorade bottle with a 28 oz bottle for the same price." Spokespeople for General Mills, Coca-Cola and PepsiCo did not immediately respond to requests for comment. President Joe Biden has mentioned shrinkflation numerous times, declaring it a "rip-off" in a video he posted to X. Sarah Gallo, senior vice president of federal affairs at Consumer Brands Association, a trade group that Coca-Cola, PepsiCo and General Mills all belong to, defended industry practices to NBC News.

Persons: Sen, Elizabeth Warren of, Madeleine Dean of, Mills, General Mills, Jeff Harmening, James Quincey, Ramon Laguarta, Spokespeople, Warren, Dean, Joe Biden, Nailya Ordabayeva, Ordabayeva, shrinkflation, Doritos, Sarah Gallo Organizations: Democratic, Elizabeth Warren of Massachusetts, Cola, PepsiCo, NBC, North, Retail, CNBC, Gatorade, Republican, Taxation, Economic, NBC News, Boston University Questrom School of Business, Consumer Brands Association, General, Federal Reserve Bank of San Locations: Federal Reserve Bank of San Francisco

☆ The newest place to reach young male voters: porn websites
▼ + stars: | 2024-10-07 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +3 min

The ad will run on porn websites in swing states in an apparent effort to reach young male voters. AdvertisementAbout a month shy of Election Day, it seems no corner of America is free from politics — not even porn websites. The advertisement will run on porn websites in the seven key battleground states: Pennsylvania, Michigan, Wisconsin, North Carolina, Georgia, Arizona, and Nevada. Young men are a particularly coveted voting bloc that both candidates are trying to woo through targeted media appearances. Porn websites are some of the internet's most popular pages and young men are most likely to visit them, the New York Times reported.

Persons: Dems, —, Donald Trump, Kamala Harris, Trump, Trump's, Danielle Alvarez, Harris Organizations: Organizers, Trump, Service, New York Times, Survey Locations: America, Pennsylvania, Michigan , Wisconsin, North Carolina , Georgia, Arizona, Nevada

☆ 5 Nobel-worthy discoveries that haven’t won the prize
▼ + stars: | 2024-10-05 | by ( Katie Hunt | ) edition.cnn.com time to read: +8 min

The first human genomeThe mapping of the human genome has had a huge impact on biology and other fields. The output from a DNA sequencer is shown in this undated image from the National Human Genome Research Institute. But one reason the project may not have earned a Nobel Prize is the sheer number of people involved in the feat. The Nobel Prize in physiology or medicine will be announced on Monday, followed by the physics prize on Tuesday and the Nobel Prize in chemistry on Wednesday. The Nobel Prize for literature will be announced on Thursday and the Nobel Peace Prize on Friday.

Persons: Alfred Nobel, Nobel, Carsten Snejbjerg, Svetlana Mojsov, Joel Habener, Lotte Bjerre Knudsen —, Lasker, Knudsen, Hassabis, John Jumper, Lester Cohen, David Pendlebury, Pendlebury, “ Nobel, David Baker, ”, Boris Roessler, We’re, Jeffrey Gordon, Robert J, Glaser, Louis, Gordon, Claire King, Barack Obama, Drew Angerer, Mary, King Organizations: CNN, Stockholm —, Human Genome Research, Nordisk, Bloomberg, Getty, Rockefeller University, Harvard Medical School, Novo Nordisk, Clarivate’s Institute for Scientific Information, Google, Institute for Protein, University of Washington School of Medicine, Washington University, of Locations: Swedish, United States, United Kingdom, France, Germany, Japan, China, Hillerød, Denmark, Los Angeles, St

The widespread use of toothpaste and mouthwashes with added fluoride in recent decades appears to have diminished the known public health benefits of water fluoridation, a new study suggests. Hundreds of U.S. communities, from Amery, Wisconsin, to Union County, North Carolina, are opting out of water fluoridation. Still, she noted, “contemporary studies are showing that water fluoridation is beneficial.”Before fluoride toothpastes were widely available to consumers, adding the mineral to water provided a clear benefit to teeth. Fast-forward to 2024: About 75% of the U.S. population has tap water with added fluoride at recommended levels of 0.7 milligrams per liter of water. “Water fluoridation is still effective at reducing cavities,” he said.

Persons: “, ”, Anne, Marie Glenny, That’s, ” Glenny, Johnny Johnson, Janet Clarkson, Clark Organizations: University of Manchester, U.S . Environmental, Agency, Cochrane, American Dental Association, American Academy of Pediatrics, Centers for Disease Control, Society, University of Dundee Locations: United Kingdom, U.S, Amery , Wisconsin, Union County , North Carolina, California, Australia, Grand Rapids , Michigan, Scotland

Smith, in the 165-page document, provides the fullest accounting yet of evidence in his 2020 election conspiracy case against Trump, Pence’s former boss. Increased pressure on PenceTrump, after Pence told him he did not have the authority to decertify the election, began to up the intensity of his request, prosecutors say. On the call, Trump told Pence that “hundreds of thousands” of people “are gonna hate your guts” and “people are gonna think you’re stupid,” also calling Pence “too honest,” according to the filing. Hours before January 6On January 5, 2021, according to the filing, Trump once again met with Pence to allegedly try to pressure him not to certify the electoral college votes. Some of those inside the Capitol then later began chanting, “Hang Mike Pence!,” “Where is Pence?

Persons: Mike Pence’s, Joe Biden’s, Donald Trump, Jack Smith’s, Smith, Trump, Pence, Kamala Harris ’, –, Harris ’, Tim Walz, Sen, JD Vance, ” Walz, “, doesn’t, Walz, Harris, Mike Pence, ”, Biden, ” Trump, ’, Pence Trump, Pence –, John Eastman, Pence’s, Trump “, didn’t, ” Smith, —, Polantz, John Fritze, Devan Cole, Marshall Cohen Organizations: CNN, Trump, Capitol, Supreme, Republican Party, Electoral, White, Twitter, Electoral College Locations: York , Pennsylvania, Arizona, Georgia, Washington , DC

In Detroit as in the rest of the U.S., the violent crime rate has dropped and is near historic lows. Last month, new FBI numbers showed that murder declined 11.6% in 2023, the largest single year drop on record. But Trump and his allies have also cherrypicked statistics and falsely told supporters that FBI crime data can’t be believed. Crime data skeptics also have attributed declining crime numbers to “woke prosecutors” who are failing to file charges. But Trump uses these low 2020 and 2021 victim survey numbers, despite the doubts cast on them, to argue that violent crime has spiked significantly during the Biden-Harris administration.

Persons: Donald Trump, “ That’s, James White, “, there’s, ” White, carjackings, Trump, ” Trump, ”, Doubters, —, Harris, ” Kevin Scott, ” Jeff Asher, Jordan Thornhill, Criminologist Alex Piquero, Venecca Thornhill, Andre Thornhill, “ Jordan, ” Andre Thornhill, Jordan Thornhill’s, we’re, We’ve, we’ve Organizations: NBC News, Detroit police, Detroit Police, NBC News Detroit, New York Police Department, Detroit, FBI, Department, Trump, Biden, of Justice Statistics, CIA, University of Miami, University of, Cities, Police, Chiefs Association, Michigan State, Alcohol, Tobacco, Firearms, Explosives, ATF, Michigan State University Locations: America, Detroit, United States, U.S, New York City, Thornhill, ”

☆ Millions of Americans could lose out on more than $700 in healthcare benefits if Congress doesn't keep these tax credits
▼ + stars: | 2024-10-02 | by ( John Towfighi | ) www.businessinsider.com time to read: +7 min

When buying healthcare coverage through the ACA marketplace, people can qualify for premium tax credits, which aim to make health insurance payments more affordable. According to KFF, these enhanced subsidies or premium tax credits caused a surge in enrollment in the ACA marketplace. AdvertisementThe election could shape the future of enhanced premium tax creditsThe November election could determine the future of the enhanced subsidies. The Congressional Budget Office estimates that the premium tax credits will cost taxpayers $335 billion over the next 10 years. Do you qualify for enhanced premium tax credits Please reach out at jtowfighi@businessinsider.com.

Persons: KFF, —, Kamala Harris, Donald Trump, Cynthia Cox, Sen, Jeanne Shaheen, Tammy Baldwin, Lauren Underwood, We've, Cox, Claire Heyison, CBPP, Harris, that's Organizations: Service, Affordable, American, Senate, Cox, ACA, Budget, Trump, Republican, Congressional, Reuters Locations: enrollees, KFF . Florida, Texas, Georgia, North Carolina, Washington

☆ Tesla Q3 deliveries preview: Wall Street expects a beat as Musk & Co. get their 'mojo' back
▼ + stars: | 2024-10-01 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

Tesla's third-quarter vehicle deliveries are expected to exceed Wall Street estimates. AdvertisementTesla's upcoming third-quarter vehicle deliveries report should impress investors, according to Wall Street experts. Tesla stock has been on a wild ride this year. AdvertisementBarclays: 'Concerns on fundamentals have dissipated'Barclays analyst Dan Levy is expecting Tesla to report solid vehicle deliveries later this week, according to a recent note. Levy said that thanks to expected strength in Tesla's China business, the company will announce third-quarter vehicle deliveries of 470,000, ahead of Wall Street estimates.

Persons: —, Goldman Sachs, Tesla, Dan Levy, Levy, Mark Delaney, Delaney, Dan Ives, Ives Organizations: Barclays, Service Locations: China, flattish, Europe

Hurricane Helene has caused significant disruptions for election officials in North Carolina and across the Southeast, scrambling preparations for early and mail voting that have been in the works for months. North Carolina officials mailed 190,000 ballots last week, some of which may be delayed or destroyed by flooding. Early in-person voting is scheduled to begin Oct. 17 across more than 400 locations in North Carolina. North Carolina is among the core battleground states former President Donald Trump and Vice President Kamala Harris are competing in this fall. The area of North Carolina hit by the hurricane tends to lean Republican politically, aside from Democrat-heavy Asheville.

Persons: Helene, Karen Brinson Bell, ” Brinson Bell, Corinne Duncan, Brinson Bell, Gerry Cohen, ” Cohen, . Cohen, they’re, Robert F, Kennedy Jr, Cohen, — haven’t, Donald Trump, Kamala Harris, Robert Sinner, TJ Lundeen, Doug Kufner, “ Organizations: North, State Board, “, Wake County, Democrat, South Carolina, Commission Locations: North Carolina, Buncombe County, Wake, Wake County, Raleigh, Carolina, Asheville, Florida , Georgia, South Carolina, Tennessee, Georgia, Jenkins

☆ Eric Adams has the SCOTUS supermajority to thank as he challenges his bribery charge
▼ + stars: | 2024-09-30 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

In a court filing on Monday, Adams attorney Alex Spiro cites a groundbreaking June SCOTUS decision as reason enough to toss the bribery count. AdvertisementFederal prosecutors say Adams enjoyed nearly a decade of globe-circling Turkish Airlines trips. "I know," the feds say Adams responded when told by the staffer that Turkey saw this as "his turn" to reciprocate. (In addition to Spiro, Adams is represented by Avi Perry and William Burck. Adams has pleaded not guilty to the indictment, which also charges him with illegally accepting campaign contributions from Turkish officials and others via straw donors.

Persons: SCOTUS, Adams, —, Eric Adams, It's, Alex Spiro, Snyder, Spiro, Michel Paradis, Paradis, Brett Kavanaugh, Avi Perry, William Burck, Anthony Kennedy, Kavanaugh, Spiro didn't Organizations: New York City, Service, US, Indiana, Columbia Law School, Prosecutors, Turkish Airlines, Fox Corp, New York Times, Turkish, Justice Department Locations: New York, United States, Turkey, Turkish, Spiro, Burck

Similarly, Latino voters’ preference for which party controls Congress stands at 54% Democrats, 42% Republicans — a much narrower gap than in past years. Surveying 1,000 Latino voters nationwide in English and Spanish, the poll also finds a striking split on immigration between Latino voters who prioritize a pathway to citizenship for undocumented immigrants and preventing discrimination, and those who focus more on border enforcement. Sixty-two percent of Latino voters believe immigration helps more than it hurts, versus 35% who think it hurts more than it helps. In this poll, 54% of Latino voters prefer a Democratic-controlled Congress, versus 42% who want Republicans in charge. The NBC News/Telemundo/CNBC Latino poll of 1,000 registered Latino voters was conducted Sept. 16-23.

Persons: Kamala Harris, Donald Trump, Harris, Trump, Joe Biden’s, ”, Democratic pollster Aileen Cardona, Arroyo, Republican pollster Micah Roberts, ” Trump, Victor Gutierrez, Gutierrez, Michelle García, Matthew Delao, Fredy Arguello, Delao, Arguello, ” Arguello, Harris ’, Biden, García Organizations: ’, NBC News, Telemundo, CNBC, Democratic, Trump, NBC, Republicans —, “, Hart Research Associates, Republican, Democratic Party —, Young, Catholic Locations: New Jersey, Puerto Rican, Peruvian, Maryland, California, United States, Mexico, Puerto Rico, Spain, Cuba, Dominican Republic

☆ The one sector of the stock market that is cheap with upside today
▼ + stars: | 2024-09-29 | by ( Karen Firestone | ) www.cnbc.com time to read: +5 min

The table and chart below illustrate some characteristics of the biopharma stocks. The average price/earnings multiple for the group, using 2025 estimates, is 12.7 times versus 20.6 times for the S & P 500. A major knock on the biopharma group is the limited productivity from their extremely expensive research efforts, other than obesity drugs, over the past twenty-five years. The technology using AI might not be ready yet, particularly related to the complex biology of the human body. Complex programs exist already, such as AlphaFold, which predicts the structure of three-dimensional compounds using data on protein sequences.

Persons: Bristol Myers, Amgen, Eli Lilly, Lilly, Johnson Organizations: CNBC, Merck, Pfizer, Novo Nordisk, JPMorgan Locations: Bristol

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