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Harris will call on Americans to “turn the page” on the Trump era and present herself as a pragmatist who will put results over party, according to a senior Harris campaign official who requested anonymity. Her campaign aims to invoke Jan. 6 as a way to remind those voters what they don’t like about Trump. President Donald Trump arrives to speak to supporters from the Ellipse near the White House on Jan. 6, 2021. Highlighting Kelly’s remarks about Trump’s authoritarian inclinations helped Harris among those crucial voters, the firm said in a memo, but by less than the economic-focused pitches. Her campaign hopes it will be seen as a hopeful and optimistic address with imagery of the White House behind her.
Persons: WASHINGTON — Kamala Harris, Donald Trump, Harris, , Joe Biden, Trump, Biden’s unprecedentedly, Biden, Liz Cheney, Adam Kinzinger, John Kelly’s, , ” Kelly, Adolf Hitler, Brendan Smialowski Organizations: Capitol, White, , Biden, Trump, Trump Republicans, Getty, Madison, Democratic, Social Security, White House Locations: AFP, New York City
If you're weighing a year-end Roth individual retirement account conversion, waiting too long could be risky, financial experts say. Roth conversions move pretax or nondeductible IRA funds to a Roth IRA, which can start tax-free growth. The strategy has become more popular, with a 46% year-over-year increase during the second quarter of 2024, according to Fidelity. Some investors want to pay Roth conversion taxes now while there are lower tax brackets because the current rates are scheduled to sunset after 2025 without action from Congress. However, it's difficult to predict future tax law changes with uncertain control of the White House, the Senate and the House of Representatives.
Persons: Roth Organizations: Roth IRA, Fidelity, Finance, White, Senate
Let’s do that now, because here’s what I think we’ve been watching:A World Series with possibly eight future Hall of Famers. So no World Series is ever catching the 1932 Series, when an incredible 13 eventual Hall of Famers took the field. How about saying you were there when Freddie Freeman took over a World Series in his own Freddie-esque way? And it looks exactly like that dude who trots — or sometimes limps — out to first base every night in this World Series. • Easy as 1-2-3 — We’re three games into this World Series, and Freeman has homered in all three of those games.
Persons: Clayton Kershaw, Daniel Hudson, — Aaron Judge, Shohei, I’m, hasn’t, Freddie, Homer, There’s Kershaw, Freeman, There’s, — Mookie Betts, Aaron Judge, , Gerrit Cole’s, Cy, Giancarlo Stanton, you’ve, us, Reggie Jackson’s postseasons, Stanton, Giancarlo Stanton’s, bolsters, Jayne Kamin, Juan Soto — There’s, let’s, Heck, Kershaw, “ I’ve, , Jose Trevino, , , Freddie Freeman, Tyler Glasnow, ” Glasnow, he’s, “ He’s, it’s, It’s, Kiké, ” Hernández, “ he’s, That’s, Robert Gauthier, Let’s, Lou Gehrig, there’s Freeman, Hank Bauer, Barry Bonds, Dave Roberts, Guess, He’s, Sam Hovland, Gary Pettis, Pettis, ” FREEMAN, Freddie Freeman wallops, Ohtani, Daniel Shirey Organizations: of Famers, ” Dodgers, Dodgers, Netflix, Famer, Cy Young, of Famer, Yankee, Yankees, Braves, Phillies, Orioles, of Fame, Baseball, of, Los Angeles Times, Getty Images, Wild Department, Bombers, Cardinals, Ohtani, Padres Locations: Bronx, Cooperstown, , N.Y, Vegas
That's when it helps to look to how seasoned executives negotiate, says Tessa White, a career coach with 20 years of HR experience and founder of The Job Doctor. Say you ultimately want a $60,000 base salary with a 20% annual bonus, but the company makes an offer of $60,000 with a 10% bonus. Remember that "the hardest thing for the company to do is give you money upfront in base pay," White says. But they may be able to negotiate for one-time pay, something that's a delayed cost, or non-salary perks like adjusting your job title or figuring out a flexible-work agreement. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Tessa White, White Organizations: CNBC
Electric vehicles, trade, tariffs, China, emissions regulations and labor are among the top issues automakers are monitoring, according to industry executives and policy experts. Harris vs. TrumpOfficials expect a Harris victory to be a continuation, but not a copy, of the past four years under Biden. Republican presidential nominee and former U.S. President Donald Trump speaks as he visits a campaign office in Hamtramck, Michigan, U.S. October 18, 2024. Republicans, led by Trump, have largely condemned EVs, saying that they are being forced upon consumers and that they will ruin the U.S. automotive industry. LaborOf the many issues regarding the automotive industry, officials who spoke to CNBC were nearly unanimous regarding labor: They're concerned a Harris win would continue to mean increased power for organized labor.
Persons: Bill Pugliano, Kamala Harris, Donald Trump, Joe Biden, Harris, Jefferies, Philippe Houchois, Biden, Shawn Fain, Drew Angerer, Brian Snyder, , Elon Musk's, Trump, Pablo Di Si, EVs, Harris hasn't, Peter Rawlinson, Rawlinson, That's, Trump's, USMCA, Mary Barra, hasn't, Fain Organizations: Ford, Ford Dearborn Plant, Getty, DETROIT, Motor, Great, Trump, CNBC, Trump Officials, United Auto Workers, Democratic, International Union of Painters, AFP, Republican, Reuters, Motors, Ford Motor, Chrysler, EV, Lucid, Tesla, California Air Resources, D.C, District of Columbia, Alliance for Automotive Innovation, U.S . Officials, IRA Electric, Volkswagen Group of America, Automotive, Republicans, Environmental Protection Agency, . North, North American Free Trade, Jefferies, Labor, Democratic National Convention, UAW Locations: Dearborn , Michigan, Michigan, Motor City, Great Lakes State, China, Macomb , Michigan, California, Hamtramck , Michigan, U.S, Detroit, Washington , Oregon, New York, Washington, . North American, United States, Mexico, Canada, American
U.S. crude oil rose more than 1% on Tuesday, one day after posting the worst daily loss in two years. Energy traders were relieved Monday after Israel's long-anticipated retaliatory strikes on Iran last Friday spared the Islamic Republic's oil and nuclear facilities. The benchmark U.S. crude oil contract sold off more than 6%, or $4.40, to $67.38 per barrel. Here are Tuesday's energy prices:Goldman Sachs expects the price of Brent to recover to $77 per barrel in the fourth quarter even without any oil supply disruptions in the Middle East. Demand is soft in China, U.S. production is robust and OPEC+ has plans to bring crude back to the market in December.
Persons: Goldman Sachs, Daan Struyven, CNBC's, Struyven, Brent Organizations: Energy, U.S . Strategic Petroleum Reserve Locations: Iran, U.S, China
AdvertisementThis as-told-to essay is based on a conversation with Abby Ooi, a therapist, graduate student, and former Singapore Airlines flight attendant. I wanted to become a flight attendant — something I had fantasized about since I was young. But a few months into my second year of working for Singapore Airlines, I started experiencing a lot of stress. After 6 years at Singapore Airlines, I left in February and moved to Sydney a week later. A representative for Singapore Airlines did not respond to a request for comment from BI.
Persons: Abby Ooi, , Ooi, Eager, I'm Organizations: Service, Singapore Airlines, Monash University, University of Sydney Locations: Malaysia, Singapore, of, New York City, California, Sydney, San Francisco
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSaudi Arabia is a 'key player' for Middle East stability, former U.S. diplomat saysJoseph Westphal, former U.S. ambassador to Saudi Arabia, says the U.S. has to become a more consistent friend to its allies and develop more strategic relationships with countries like Saudi Arabia.
Persons: Joseph Westphal Organizations: Saudi Locations: Saudi Arabia, U.S
CNN —Hezbollah has named Shiite cleric Naim Qassem as leader, over a month after his predecessor Hassan Nasrallah was killed in an Israeli airstrike. Not for long.”The cleric had long been the group’s second-in-command, serving as deputy chief to the late Nasrallah. The 71-year-old Shiite cleric helped found Hezbollah in 1982, and has served seven consecutive terms as deputy secretary-general since 1991. Before killing Nasrallah, Israel also targeted his predecessor Abbas al-Musawi, who was killed in an airstrike in 1992. Qassem represented “the lower middle class,” while Nasrallah “belonged to the impoverished class in Lebanon,” Ali said.
Persons: Naim Qassem, Hassan Nasrallah, Qassem, , Israel –, Yoav Gallant, Nasrallah, ” Mohanad Hage Ali, Malcolm H, ” Hashem Safieddine, “ Harakat al, , Amal, Nabih, Israel, Abbas, Ali, , Nasrallah “, ” Ali Organizations: CNN, group’s Senior, Kerr Carnegie Middle East Center, Lebanese Locations: group’s, Israel, Lebanon, Iran, Beirut, Lebanese, Kfar Kila, , Nabih Berri, Gaza
In a Tuesday interview with CNBC's Jim Cramer, Pfizer CEO Albert Bourla struck a positive tone about activist investor Starboard Value, saying he agreed with some of its criticisms, but maintained that the company is headed in a good direction. But if Starboard, and anybody else for that matter, have good ideas, I will certainly discuss them and entertain." The pharmaceutical giant is under pressure from Starboard, which reportedly has a $1 billion stake in the company. But he praised Starboard's CEO Jeff Smith, saying he seemed "very smart" and "very pragmatic" at a recent meeting. Bourla also rebuked claims that his company was involved in dissuading past executives — former CEO Ian Read and former CFO Frank D'Amelio — from joining Starboard's efforts.
Persons: CNBC's Jim Cramer, Albert Bourla, Bourla, Jeff Smith, Ian Read, Frank D'Amelio — Organizations: Pfizer
Snap shares jump 10% on profit beat, stock buyback
  + stars: | 2024-10-29 | by ( Jonathan Vanian | In | ) www.cnbc.com   time to read: +3 min
The head of Snapchat operator Snap, Evan Spiegel, presents the new generation of Spectacles in Los Angeles on Sept. 17, 2024. Snap said its adjusted earnings for the fourth quarter will be between $210 million and $260 million. Shortly after Snap announced the new Spectacles, Meta CEO Mark Zuckerberg revealed his company's experimental AR glasses called Orion. In a letter to investors, Snap discussed the importance developers play for the company's Spectacles and AR initiatives. Prior to the after-hours pop, Snap shares were down 36% for the year compared to the Nasdaq's 25% gain.
Persons: Evan Spiegel, Mark Zuckerberg, Snap Organizations: LSEG Revenue, LSEG Global, Global, StreetAccount, Snap Locations: Los Angeles
He sees gaps in the launch market for Firefly's Alpha and coming MLV rockets, which slot into the middle of the small-to-heavy class of vehicles. Firefly has three main product lines: its rockets, Alpha and MLV; space tugs, called Elytra, and lunar landers, known as Blue Ghost. More rocketsThe company's fifth Alpha launch lifts off from Vandenberg Space Force Base in California in July 2024. A rendering of the MLV rocket. Firefly AerospaceKim sees Firefly as having a key advantage — "an engine that works" — in its Reaver engines that power the Alpha rockets.
Persons: Jason Kim, Firefly Aerospace Jason Kim, he's, Elon Musk's, ULA, Jeff Bezos, Kim, he'd, I'm, … I'm, what's, Firefly's, Trevor Mahlmann, Northrop, Aerospace Kim, Miranda, We've, MLV, Firefly's Alpha, Lockheed Martin, Simone Biles, we're Organizations: Firefly Aerospace, Aerospace, Boeing, Elon, Elon Musk's SpaceX, Firefly's Alpha, CNBC, Firefly, Alpha, California's Vandenberg Space Force Base, Industrial Partners, Vandenberg Space Force, SpaceX, Lockheed, Payload Services, NASA, Blue Locations: U.S, Austin , Texas, California's, California, Northrop's, Briggs , Texas
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKen Moelis: Middle East is one of the top IPO markets in the world right nowKen Moelis, Moelis & Co. founder, chairman and CEO, joins 'Money Movers' to discuss the excitement around investing in Saudi Arabia, Moelis' role in investing in Saudi Arabia, if geopolitical risks are hurting the prospects of investment in Saudi Arabia.
Persons: Ken Moelis, Moelis Locations: Saudi Arabia
Detailed below is what Harris and Trump have proposed to lower costs for Americans. AdvertisementWhile the pace of inflation has slowed, Americans continue to struggle with high prices at gas stations, grocery stores, and more. Those high prices have become a key issue for voters as the presidential election approaches. Both Donald Trump and Kamala Harris have outlined plans they say will lower costs for Americans through various policies. "If you were to try and cut down grocery prices today, there's no state of emergency.
Persons: Harris, Trump, , Donald Trump, Kamala Harris, Tim Walz, Taylor Rogers, Dan Scheitrum, Scheitrum, it's, Rogers, Biden, Sen, JD Vance, Ohio Organizations: Service, Business, Democratic, Minnesota, Republican National Committee, Pew Research Center, California Polytechnic State University, Trump, Tax, Economic, of New, RNC, Census, Center, GOP, Gas, Biden, House, Strategic Petroleum Reserve Locations: America, Pennsylvania, Trump's, Las Vegas, of New York
McDonald's global sales fell for the second consecutive quarter, down 1.5%. AdvertisementGlobal sales at McDonald's have fallen for a second consecutive quarter as the fast-food chain struggled in international markets, especially France, the UK, China, and the Middle East. Sales were down 1.5% in its third quarter, following from a 1% slide in the previous quarter, ending June 30. Comparable sales in the US were virtually flat, up 0.3% from the same period in 2023, while sales in international markets dropped 2.1%. Sales in licensed international markets fell 3.5%.
Persons: , Chris Kempczinski, Neil Saunders Organizations: Service, Consumers Locations: France, China, McDonald's
McDonald's on Tuesday reported quarterly earnings and revenue that beat analysts' expectations as its U.S. restaurants reversed last quarter's same-store sales decline. It's the second straight quarter that the company's same-store sales have fallen. U.S. same-store sales rose 0.3%, reversing last quarter's same-store sales declines but still slightly weaker than the 0.5% increase predicted by StreetAccount estimates. The company's two international divisions both reported steeper declines in same-store sales compared with the prior quarter. The international developmental licensed markets division reported same-store sales declines of 3.5%, driven by weak demand in the Middle East and China.
Persons: McDonald's, Ian Borden, Chris Kempczinski, Kempczinski Organizations: Health, LSEG Locations: France, Germany, Australia, East, China
Democratic presidential nominee U.S. Vice President Kamala Harris walks to board Air Force Two to depart for Michigan, at Joint Base Andrews, Maryland, U.S. October 28, 2024. Vice President Kamala Harris will make her closing argument to voters Tuesday evening at a Washington rally that is expected to draw as many as 20,000 supporters to the National Mall. Harris will draw contrasts between herself and Trump, and encourage voters to turn the page on the era of American politics that Trump ushered in. In turn, Harris has worked to paint herself as the non-incumbent candidate who represents a new generation of American leadership — though that is a delicate balance given her current role in the Biden administration. Most visibly, former Vice President Dick Cheney and his daughter, former Rep. Liz Cheney.
Persons: Kamala Harris, Harris, Donald Trump, Trump, Biden, Joe Biden, Taylor Swift, Dick Cheney, Liz Cheney Organizations: Democratic, U.S, Air Force, Joint Base Andrews, White, Republican, NBC News, National Park Service, Republicans Locations: Michigan, Joint Base Andrews , Maryland, U.S, Washington
It’s a crucial trend that undercuts one of the biggest arguments Republicans have used to hammer Democrats over the cost of living. Although gas prices are down and the rate of inflation has cooled sharply, consumers are still hurting from years of price hikes. After Russia invaded Ukraine, oil prices skyrocketed due to fears of massive supply disruptions. Drivers rolling up to gas stations in some battleground states are enjoying significant price drops, including Nevada (79 cents cheaper than a year ago), Arizona (78 cents cheaper), Pennsylvania (36 cents cheaper) and Wisconsin (32 cents cheaper). But for now the markets appear to be bracing for muted prices, a situation that should keep a lid on gas prices.
Persons: Harris, ” Patrick De Haan, It’s, we’re, , De Haan, Donald Trump, Kamala Harris, Biden, Trump, Tom Kloza, Kloza, Brent, Organizations: New, New York CNN, Biden, CNN, AAA, Drivers, Iran, Oil Price Information Service, Citigroup, ClearView Energy Partners Locations: New York, Nevada, Arizona, Russia, Ukraine, Pennsylvania, Wisconsin, Israel, Iran, Persian, China, United States
According to the FVAP, only about 5% of American voters in Israel cast their ballot in 2020. AdvertisementHe said American voters in Israel will be asking, '"Which presidency is the one that will save the lives of my children?" He said his in-laws plan to vote for Harris, while his wife may vote for Trump for the first time. In Trump-friendly Israel, American expats are dividedIn general, Israel is Trump-friendly territory. He said that among American voters in Israel, Orthodox Jews are more likely to support Trump, while secular Jews tend to favor Harris.
Persons: , Judith Segaloff, Segaloff, Expats, Donald Trump, AHMAD GHARABLI, iVote, Heather Stone, they've, Kamala Harris, Stone, Sen, JD Vance, Trump's, Harris, Trump, Raphael Gantshar, Gantshar, Benjamin Netanyahu, Abraham, SAUL LOEB, Tzvi Silver, I'm, Silver, Langer, Uriel Abulof, Abulof, Bibi, Here's Organizations: Service, West Bank, International Court of Justice, Republican Overseas, Getty, Voting, Israel, CBS News, Democratic National Committee, Republican, New Yorker, Abraham Accords, Trump, Accords, Langer Research, Jewish, Tel Aviv University's School of Political Science, Israeli, Republicans Overseas Locations: Israel, AFP, iVote Israel, New York , New Jersey, California, Pennsylvania, Michigan, Gaza, Lebanon, New, New Jersey, PORI
"Data may be the new oil, and it's ultimately nations, not nature, that's going to determine the future of AI infrastructure built." AI relies on massive amounts of data for training and gigantic data centers. Despite a slowing economy, Beijing has been investing in AI data centers, and launched a $6.1 billion national initiative called "Eastern Data, Western Computing." The U.S. has its own slate of initiatives, including a task force on AI infrastructure. "The Arab Gulf countries of the Middle East present many promising opportunities for AI data centers," Cohen wrote.
Persons: Goldman Sachs, Jared Cohen, Goldman, Cohen, it's, They've, Anthropic Organizations: Goldman Sachs Global Institute, CNBC, Google, Microsoft, Meta, Computing, United, United Arab Locations: China, Beijing, U.S, Canada, Australia, France, Gulf, OpenAI, United Arab Emirates, Qatar, Saudi Arabia
The film follows a woman who is injected with a paralyzing drug and pursued by a serial killer. Netflix is doubling down on nerve-racking films about serial killers with its latest thriller, "Don't Move." In the film, Iris (Kelsey Asbille) grieves the death of her child and plans to die by suicide by jumping off a cliff in the middle of a forest. AdvertisementIn 'Don't Move' Iris must save herselfRichard (Finn Wittrock) searching for Iris (Kelsey Asbille) in "Don't Move." Richard starts swimming to shore, and Iris' boat starts sinking due to a leak from the gunshots.
Persons: , Jeffrey Dahmer, Iris, Kelsey Asbille, Richard, Finn Wittrock, Vladislav Lepoev, Richard ., Chloe, Brian Netto, Adam Schindler, Tudum, Netto Organizations: Service, Netflix
Hezbollah on Tuesday named Naim Qassem as its chief after longtime leader Hassan Nasrallah was killed. AdvertisementHezbollah announced a new leader, Naim Qassem, after Israel killed both its longtime chief, Hassan Nasrallah, and the person who had been expected to succeed him. He was the deputy leader of the Lebanon-based militant group, and had been for decades. Qassem helped found Hezbollah in the 1980s and was first made its deputy leader in 1991 under Abbas al-Musawi. AdvertisementHe did not take over as leader when al-Musawi was killed in 1992, and remained deputy all through Nasrallah's 32-year stint.
Persons: Naim Qassem, Hassan Nasrallah, Qassem, , Israel, Abbas, Musawi, Nasrallah, Hashem Safieddine, Safieddine Organizations: NBC, Service, NBC News, Amazon, US, US Department of State, Middle East Media Research, The United Nations Development Program Locations: Lebanon, Beirut, Qassem, Israel, America, Lebanese
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow the U.S. makes life so unaffordable for the middle classAs of June 2024, 65% of middle-class Americans say they are struggling financially and don't expect their situation to improve for the rest of their lives, according to the National True Cost of Living Coalition. So how has the middle-class life that's idolized by so many American families become so unaffordable? And what role does policy play in solving it?
Persons: that's Organizations: Living Coalition Locations: U.S
The photo, taken in Jabalya on Friday, shows residents of the refugee camp who tried to leave the area after being forced by the Israeli military to evacuate amid its ongoing ground operation there. The photo was first shared on an Israeli Telegram channel; while it is unclear who took it, several of the men in the picture told CNN Israeli soldiers were photographing them as they were being detained. They were insulting us during that time, calling us names, laughing and taking pictures,” the 27-year old told CNN. Jouri’s father Mohamad Abu Ward told CNN he was forced to strip to his underwear and was held for eight hours alongside Jouri. “Individuals suspected of involvement in terrorist activity are being detained and questioned,” the IDF told CNN in a statement.
Persons: There’s, Muhannad Khalaf, , Khalaf, Abu Ward, Mohamad Abu Ward, Israel, Balkees Jarrah Organizations: CNN, Israeli, Israel Defense Forces, Jouri, IDF, Cross, United Nations, International Commission of, Rights Watch, Amnesty International, Human Rights Watch Locations: Gaza, Jabalya, Gaza City, Northern Gaza, Geneva, Palestinian Territory, Israel
She saved up for a yearlong adventure in South America, planning to move back to Canada at the end. AdvertisementI often think back to the day I arrived in Cuenca, Ecuador, the Andean city that accidentally became my home. It was 2018, I was 27, and halfway into what was intended to be a yearlong adventure in South America. But as the years passed, the city felt too fast-paced, I was stressed out, and everything was expensive. When I returned home, my life felt limited, and I wanted what she had.
Persons: Sinead Mulhern, , it's, I'm, I've, everyone's, El Mercurio Organizations: Service, UNESCO, North Locations: Toronto, South America, Canada, Cuenca, Ecuador, Colombia, Quito, Yunguilla
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