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Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024. Lucid Group slightly beat Wall Street's third-quarter expectations as the electric carmaker cuts costs ahead of plans to begin consumer production of a new SUV by the end of this year. Lucid CEO Peter Rawlinson described the quarter as a "landmark" for the company, citing record deliveries of 2,781 units as well as cost-cutting measures. The company reaffirmed plans to produce roughly 9,000 vehicles this year, which would mark a 6.8% increase compared to 8,428 units in 2023. Lucid said it had $5.16 billion in total liquidity to end the quarter.
Persons: Peter Rawlinson, Lucid Organizations: Lucid Locations: San Francisco
AppLovin shares soared 45% on Thursday after the online gaming and advertising company issued guidance that was well above estimates and reported better-than-expected earnings and revenue. For the fourth quarter, AppLovin sees revenue of $1.24 billion to $1.26 billion, representing growth of about 31% at the middle of the range. The company said software platform revenue in the quarter increased 66% to $835 million, driven by improvements in AXON's models. Net income in the quarter increased 300% to $434.4 million, or $1.25 a share, from $108.6 million, or 30 cents a share, a year earlier. "AppLovin continues to impress with outsized revenue growth and incredible EBITDA conversion," analysts at Wedbush wrote in a report on Thursday.
Persons: It's, AppLovin, Wedbush, Adam Foroughi, it's, Foroughi, CNBC's CJ Haddad, Unity Organizations: Revenue
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . A pillar of President-elect Donald Trump's campaign was the economy and the work he would do to "fix it." Tesla shareholders: The EV giant took off with news of Trump's win, finishing the day up almost 15%. Bond yields are already soaring, indicating the market expects the cost of borrowing to keep rising. Investors in Europe: European growth stands to take a hit from Trump's proposed tariffs, according to Goldman Sachs.
Persons: , Donald Trump's, Elon Musk's, Trump, that's, Goldman Sachs, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Ella Hopkins, Grace Lett, Amanda Yen, Milan Sehmbi Organizations: Business, Service, White, Nasdaq, Dow Jones Industrial, GOP, Tesla, Trump, bitcoin, Treasury, Investors Locations: Europe, New York, London, Chicago
Lyft expects bookings in the current quarter of $4.28 billion to $4.35 billion, while analysts polled by FactSet expected $4.23 billion. SolarEdge — The solar panel inverter stock slipped more than 16% after a third-quarter revenue miss. SolarEdge reported revenue of $261 million, while analysts surveyed by LSEG were looking for $269 million. Third-quarter revenue surpassed Wall Street estimates, and the company expects fourth-quarter revenue of $256 million to $262 million, compared with an estimate of $260 million. Moderna — Shares rallied 7% after Moderna's third-quarter earnings and revenue topped expectations.
Persons: FactSet, SolarEdge, , Zillow, Gilead, LSEG, Armour, Hershey, Samantha Subin, Hakyung Kim, Sarah Min Organizations: Arm, Wall, LSEG, FactSet, , Qualcomm, Gilead Sciences, Hershey Locations: Gilead
While the Federal Reserve is still concerned about inflation, "we're seeing these signs of weakness in the labor market," Scanlon said. "This suggests that the labor market remains firm despite signs of weakening," J.P. Morgan noted. 'What the bond market is telling us'The stock market rallied after the presidential election results. That's what the bond market is telling us." Depending on what policies are enacted under Trump's second term, the inflation problem might get worse, experts say.
Persons: Brett House, Scanlon, There's, Mark Hamrick, J.P, Morgan, Hamrick, Trump Organizations: Columbia Business School, Bureau of Labor Statistics, Federal Reserve, of Labor Statistics, BLS, Dow Jones, Nasdaq, Treasury, Trump Locations: U.S, China
The tax cuts and tariffs floated by Trump has raised worries of a widening fiscal deficit, spurring Treasury yields higher as of late. Bond yields move inversely to their prices. A buying opportunity in bonds Sinead Colton Grant, chief investment officer at BNY Wealth, believes that bond investors overreacted. US10Y YTD mountain U.S. 10-year Treasury "The biggest determinant of your long-term return is the yield," Grant said. Munis While municipal bond yields don't move as quickly as Treasury yields, they are expected to follow, said BNY Wealth's Grant.
Persons: Donald Trump, Bond, Mark Haefele, Sinead Colton Grant, overreacted, Trump, Grant, it's, Brian Rehling, Charles Failla, BNY Wealth's Grant, Sudip Mukherjee Organizations: White, Federal Reserve, Trump, UBS, Fargo Investment, Sovereign Financial Group, AAA, Moody's Locations: Fargo, Stamford, Conn, New York City, muni
Treasury yields were slightly lower on Thursday as investors reacted to Donald Trump's sweeping election victory and awaited the U.S. Federal Reserve's decision on interest rates. The 10-year Treasury yield fell more than 1 basis point to 4.409% after jumping over 14 points to hit 4.433% in the previous session, notching its highest level since July. The yield on the 2-year Treasury fell 2 basis points to 4.247%, paring some of its gains after rising about 7 points to reach 4.274% on Wednesday. Yields and prices move in opposite directions. One basis point equals 0.01%.
Persons: Donald Trump's Organizations: U.S, U.S . Federal, Treasury Locations: U.S .
On the campaign trial, Trump threatened to impose additional tariffs of 60% or more on Chinese goods sold to the U.S. She expects a stimulus package of more than 10 trillion yuan ($1.39 billion), with about 6 trillion yuan going towards local government debt swaps and bank recapitalization. More than 4 trillion yuan will likely go towards local government special bonds for supporting real estate, Su said. That divergence in stock performance indicates China's stimulus "will be slightly bigger than the baseline scenario," said Liqian Ren, who leads WisdomTree's quantitative investment capabilities. She estimates Beijing will add about 2 trillion yuan to 3 trillion yuan a year in support.
Persons: Zhu Baoliang, Trump, Su, Yue Su, , Liqian Ren, Ren doesn't, Biden, Chris Miller, That's, China's, Zhiwei Zhang Organizations: Bund, Trump, Citigroup, U.S, Economist Intelligence Unit, National People's Congress, Huawei, Republicans, Senate, NBC, Republican Party, Emergency Economic, Trade Locations: Shanghai, China, Hong Kong, Beijing, U.S
The stock had popped 5.9% on Wednesday after the Republican was elected the 47th president of the U.S. Warner Bros. Lyft expects current-quarter bookings to come in between $4.28 billion to $4.35 billion, topping a FactSet consensus of $4.23 billion. Wolfspeed posted revenue of $195 million for the first fiscal quarter, missing the LSEG consensus forecast by $5 million. Arm posted adjusted earnings per share of 30 cents on revenue of $844 million for the second quarter. AppLovin also guided its fourth-quarter EBITDA of $740 million to $760 million, higher than the $667 million StreetAccount forecast.
Persons: LSEG, Donald Trump's, Armour, , Lyft, Wolfspeed, AppLovin, Zillow, Alex Harring, Sean Conlon, Hakyung Kim, Yun Li, Lisa Kailai Han Organizations: Bros, Dutch Bros, Trump Media & Technology, Republican, U.S, Warner Bros, , Discovery, FactSet . Arm Holdings, LSEG, Gilead Sciences Locations: Gilead
Stocks exploded higher, bonds tanked and crypto boomed to historic peaks, indicating lofty hopes for when the president-elect takes office in January. However, there's still a lot of game left to be played, and the score could change a lot in future days. Essentially, strategists worry Trump's plan for punishing tariffs, higher spending and lower taxes will send bond yields higher, generally a recipe for trouble in stocks. "The question for me is how much can the Trump rally extend in the short term, but it strikes me that selling long positions into a rally makes a good deal of sense." "This suggests an asymmetric risk/reward framework with a much higher probability of downside than upside," said Lisa Hornby, head of U.S. fixed income at Schroders.
Persons: Donald Trump's, Stocks, there's, Mark Dowding, Lisa Hornby Organizations: Trump, RBC Global Asset Management, Federal Reserve Locations: U.S, Schroders
As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Donald Trump, Tesla, Elon Musk, Trump, Gary Gensler, Jim Cramer's, Jim Cramer, Jim Organizations: NBC, Senate, Treasury, Federal Reserve, Trump, Tesla, Club, Justice Department, Apple, DOJ, FTC, Microsoft, Taiwan Semiconductor Manufacturing Company, SEC, Jim Cramer's Charitable, CNBC Locations: China, Taiwan, Mexico
Markets, in particular, crave certainty, and the clear path forward will allow companies to adjust their business and hiring plans. But stocks may also be reacting to Trump’s victory, in particular. Trump flipped several swing states from President Joe Biden’s 2020 victory, and Republicans also took control of the Senate. So Trump’s victory, at least for now, appears to be keeping those rates somewhat higher. Other so-called Trump trades, including shares of his social media stock, Trump Media & Technology Group, surged Wednesday morning.
Persons: Donald Trump, Trump, Joe Biden’s, refocusing, Sam Stovall, Bitcoin, Crypto, Trump’s, Germany’s DAX, Australia’s, , Neil Newman, Hong, ” Daniel Murray Organizations: New, New York CNN —, Dow, Nasdaq, Republicans, Fed, JPMorgan, Democratic, CFRA Research, Gross, Treasury, Trump, Trump Media & Technology Group, CAC, Nikkei, Advisory, EFG Asset Management Locations: New York, Europe, Asia, China, Tokyo, Shanghai
Markets: The post-election rally on Wall Street continued into afternoon trading, with the Dow Jones Industrial Average jumping 3.4%, or roughly 1,450 points, and the S & P 500 advancing 2.4%. It's worth noting, the stock market was reacting like Jim Cramer said it would in his Sunday column . The one thing markets hate is uncertainty, and Wednesday's rally can be attributed, in part, to relief that Wall Street professionals and individual investors alike know where they stand and what to expect from the country's next president. Bond yields move inversely to prices, and a basis point is equal to 0.01%. "You have to be very careful to respect the bond market if you do any buying today," Jim said.
Persons: Jim Cramer, Donald Trump, Kamala Harris, Morgan Stanley, Jim, It's, Yun Li, Trump, Harris, Jerome Powell's, we'll, Jim Cramer's Organizations: CNBC, ., Wall, Dow Jones, Trump, Republican, NBC, Senate, NBC News, Wells, BlackRock, Energy, Coterra Energy, Honeywell, Federal, White, Arm Holdings, Qualcomm, Bros, Moderna, Barrick Gold, Halliburton, Hershey, Air Products, Chemicals, Warner Bros ., Jim Cramer's Charitable
Tingshu Wang | ReutersFrom Apple to Starbucks , U.S. consumer brands are reporting yet another quarter of China sales declines. Apple last week reported Greater China sales fell slightly to $15.03 billion in the three months ended Sept. 28, down from $15.08 billion in the year-ago period. The quarterly sales decline reduced Apple's China revenue share to 15.8% of total net sales, down from 16.9% in the year-ago period. Low consumer confidenceU.S. sportswear giant Nike said that Greater China revenue for the quarter ended Aug. 31 fell by 4% year-on-year to $1.67 billion. In Europe, luxury giant LVMH also felt the drag from the China market.
Persons: Tingshu Wang, Tim Cook, Apple, Brian Niccol, Niccol, Matthew Friend, Jean, Jacques Guiony, Isaac Stone Fish, Cummins, Walt, Fish Organizations: Reuters, Apple, U.S, Starbucks, Nike, Carrier, Coca Cola, RTX Corporation, Honeywell, Walt Disney, Caterpillar Locations: Chengdu, Sichuan province, China, U.S, what's, Hong Kong, Macao, Taiwan, Greater China, Europe, Asia, Japan, COVID, Japan Asia
And we’re going to start by saying something nice about every team no matter their place in these rankings. Sando’s Pick SixLast week: 2Monday: Beat Tampa Bay Buccaneers 30-24 (OT)Something nice: They just don’t loseAnd that’s the point, right? ETLast week: 6Sunday: Beat Denver Broncos 41-10Something nice: Derrick Henry’s 30sHenry will turn 31 the day before final Sunday of the regular season. ETAdvertisementLast week: 12Sunday: Lost to Los Angeles Rams 26-20Something nice: Jaxon Smith-Njigba is coming alongThe second-year wide receiver, last year’s No. Up next: ByeAdvertisementLast week: 29Sunday: Lost to Buffalo Bills 30-27Something nice: The De’Von Achane–Tua Tagovailoa duoNobody missed Tagovailoa more than Achane.
Persons: Amon, Ra, Brown’s, Dan Campbell’s, Meathead, Patrick Mahomes, Mahomes, Derrick Henry’s, Henry, Josh Allen, Bryan M, Bennett, Josh Allen’s, Lamar Jackson, Allen, Jayden Daniels, Terry McLaurin, Joe Barry, Jeff Hafley, Matt LaFleur, we’re, Jordan Love, Justin Jefferson’s, Jefferson, Aaron Jones, He’s, Barkley, Najee Harris ’, Harris, George Kittle’s, Christian McCaffrey, Brandon Aiyuk, Deebo Samuel, Ricky Pearsall, Kittle, Kirk Cousins, Cousins, Will Anderson Jr, , Anderson, don’t, Mike Evans, Chris Godwin, Cade Otton’s, Bo Nix’s, Jesse Minter, James Conner, Jared, Geno Smith, Steph Chambers, Jared Verse’s, Laiatu, Dallas Turner, TruMedia, Aaron Donald, Matthew Stafford, Joe Burrow, Burrow, , Jaxon Smith, Njigba, Smith, Tory Taylor, Caleb Williams, Taylor, Grover Stewart’s, Sunday Stewart, Garrett Bradbury, Sam Darnold, Kenny Moore, Stewart, Grover Stewart, — JJ Watt, Garrett Wilson’s, Saquon Barkley, Garrett, hird, amar J, asser, ove, m., m. E Organizations: Green Bay Packers, Lions, Houston Texans, Lions Super, Tampa Bay Buccaneers, Kansas City, Chiefs, Denver Broncos, Beat Denver Broncos, NFL, Broncos, Cincinnati Bengals, AFC East, Beat Miami Dolphins, Dolphins, Buffalo’s, Indianapolis Colts, Beat New York Giants, Pittsburgh Steelers, Detroit Lions, Packers, Detroit, Beat Indianapolis, Jacksonville Jaguars, Beat Jacksonville Jaguars, Giants, Jaguars, Dallas Cowboys, Steelers, Washington, Beat Dallas Cowboys, Dallas, EPA, Falcons, New Orleans Saints, New York Jets, AFC, Anderson’s, Kansas City Chiefs, Baltimore, Bucs, San Francisco 49ers, Baltimore Ravens, Ravens, Denver, Eagles, Beat Cleveland Browns, Chargers, Browns, Tennessee Titans, Beat Chicago Bears, NFC West, Arizona, Vikings, Cardinals, Rams, 49ers, Beat Seattle Seahawks, Miami Dolphins, Las Vegas Raiders, Bengals, Los Angeles Rams, Buffalo, Seahawks, Arizona Cardinals, Bears, New England Patriots, Minnesota Vikings, Indianapolis, Colts, Buffalo Bills, Beat Houston Texans, Jets, ust, ard, ards, ashington Locations: Detroit, Kansas, Washington, New York, Tampa, Denver, Los Angeles, Seattle, Chicago, Minnesota
Operating EBITDA of $857 million in the quarter came in ahead of the $818 million consensus, according to FactSet. DuPont's performance on profitability metrics shined, with the better-than-expected operating EBITDA and earnings results for the quarter compounded by an increase to management's full-year outlook on both metrics. Quarterly results Another reason to look past the light water-and-protection sales: Operating margins at both of the core business units were ahead of expectations. For the electronics-and-industrial segment, management said operating EBITDA was helped, in part, by increased volume gains along with savings from productivity and restructuring actions. The operating EBITDA guide was raised to about $3.125 billion, up from a prior range of $3.06 billion to $3.11 billion.
Persons: we've, EBITDA, aren't, It's, Ed Breen, DuPont, , Jim Cramer's, Jim Cramer, Jim, Jeff Fusco Organizations: DuPont, Club, PPG Industries, Management, Analysts, CNBC Locations: China, Wilmington , Delaware
Early in-person voting for the 2024 US presidential election began in Virginia, South Dakota and Minnesota. - | Afp | Getty ImagesMany investors worry their investments may be affected by the outcome of the U.S. presidential election. Forward four-year returns were positive for Democrats in 11 out of 12 terms, compared to Republicans who had positive returns in nine out of 12. watch nowHowever, the presidential contest could usher in short-term volatility, particularly if a winner is not declared right away. Yet even with deregulation, record production and higher oil prices, the energy sector was down 8.4% during Trump's presidential term, according to Adam's research.
Persons: Mark Motley, Jimmy Carter, George W . Bush, Motley, Joseph Veranth, Veranth, Larry Adam, Raymond James . Long, Adam, Donald Trump Organizations: Bozeman Government, Afp, Getty, U.S, Morningstar, Democrats, Foster & Motley, Dana Investment, CNBC, Locations: Arlington , Virginia, Virginia , South Dakota, Minnesota, Cincinnati, Waukesha , Wisconsin, U.S
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
Traders work on the floor at the New York Stock Exchange on Oct. 24, 2024. Brendan McDermid | ReutersStocks typically rise after a presidential election — but investors need to be prepared for some short-term choppiness first, history shows. The three major benchmarks on average have seen gains between Election Day and year-end in the presidential election year going back to 1980, according to CNBC data. However, investors shouldn't be expecting a straight shot up in the market after polls close. This means investors shouldn't be anticipating an immediate pop on Wednesday or the next few days after.
Persons: Brendan McDermid, shouldn't, Stocks Organizations: New York Stock Exchange, Reuters, CNBC, Dow, Nasdaq Locations: America
New York Times adds fewer digital subscribers as spending tightens
  + stars: | 2024-11-04 | by ( ) www.cnbc.com   time to read: +1 min
The New York Times building is seen in Manhattan, New York, August 3, 2020. New York Times posted fewer-than-expected digital subscribers for the third quarter as readers cut back on spending in an uncertain economy, offsetting strong growth in advertising sales. The company added 260,000 digital-only subscribers, compared with 300,000 additions in the previous quarter. New York Times forecast subscription revenues to grow by 7% to 9% in the fourth quarter, slightly below expectations for 8.2% growth. Revenue from sports news site The Athletic, purchased by the New York Times in 2022, jumped 29.8% to $44.7 million from $34.4 million a year ago.
Organizations: New York Times, LSEG, Athletic Locations: Manhattan , New York
Uncertainty is the key theme for markets on the eve of Election Day, but fixed income investors say there are a few opportunities to snap up solid yield even as the market holds its breath. "We are constructive on fixed income as a whole, despite these uncertainties, and we're stressing to investors that yields are really quite attractive – and the income generation we can get from fixed income right now is quite powerful," Persson added. On the municipal bond side, offerings include the iShares National Muni Bond ETF (MUB) , which has a 30-day SEC yield of 3.35%. Vanguard also has its Tax-Exempt Bond ETF (VTEB) , with a 30-day SEC yield of 3.4%. The iShares MBS ETF (MBB) has a 30-day SEC yield of 4.01% and a net expense ratio of 0.04%.
Persons: Kamala Harris, Donald Trump, Andrew Szczurowski, Eaton, Anders Persson, Persson, Fannie Mae, Freddie Mac, Baird Organizations: NBC News, Income, Morgan Stanley Investment Management, Federal, Treasury, Muni Bond ETF, SEC, Vanguard, Bond, SPDR, MBS, Fidelity Intermediate Bond Fund, Bond Fund Locations: Washington, Nuveen
Blomdahl moved to Svalbard in 2015 and documents her unique life to millions of fascinated social media followers. But as Blomdahl knows, life in Svalbard isn’t easy. Polar night runs from mid-November to the end of January, when the sun doesn’t rise above the horizon. I just want to show Svalbard the way it is.” Cecilia BlomdahlAs for day-to-day life, Svalbard is sufficiently equipped with the means to sustain its population. Local officials have geared available resources to primarily maintain life on Svalbard as it is, given the environmental and developmental constraints.
Persons: Cecilia Blomdahl, Blomdahl, Cecilia Blomdahl “, , ” Blomdahl, who's, DK, , Cecilia Blomdahl Blomdahl, ” Cecilia Blomdahl, she’s, “ That’s Organizations: CNN, , Statistics Norway Locations: Swedish, Norwegian, Svalbard, Norway’s, Svalbard’s, Longyearbyen, England, Sweden, Blomdahl
Jed Jacobsohn/AP Indianapolis Colts wide receiver Alec Pierce is tackled by Miami Dolphins linebacker Jordyn Brooks on October 20 in Indianapolis. Samuel became the first wide receiver in NFL history with 20 touchdown receptions and 20 touchdown runs after scoring on a 76-yard touchdown catch. Brandon Sloter/Getty Images Minnesota Vikings quarterback Sam Darnold throws the ball to tight end Johnny Mundt in Minneapolis on September 22. Ken Blaze/USA Today Sports/Reuters Washington Commanders running back Brian Robinson Jr. breaks a tackle from Tampa Bay Buccaneers linebacker K.J. David Banks/USA Today Sports/Reuters Rhamondre Stevenson of the New England Patriots runs the ball against Cincinnati Bengals defenders in Cincinnati on September 8.
Persons: Garrett Wilson, Christian McCaffrey, Russell Wilson, Bo Nix, Nix, Morgan Engel, ” Nix, , We’ve, ” Nix’s, Lamar Jackson, Diontae Johnson, Johnson, Zay Flowers, Mark Andrews, Derrick Henry, Todd Monken, ” Monken, Jackson, Nick Cammett, , Tua Tagovailoa, Carmen Mandato, Noah Brown, Mary, Peter Casey, Chase Brown, Sydney Brown, Joseph Maiorana, Sam Darnold, Byron Young, Young, Tra Blake, Mark J, Terrill, Justin Herbert, Mack Wilson Sr, Michael Owens, Chris Conley, Trent McDuffie, Jed Jacobsohn, Alec Pierce, Jordyn Brooks, Andy Lyons, Brandon McManus, Morry Gash, Zach Ertz, Greg Fiume, DaVon Hamilton, Julian Finney, Riley Moss, Ladd McConkey, Ron Chenoy, Brian Branch, Matthew Pearce, Patrick McDermott, Pat Surtain, AAron Ontiveroz, C.J, Gardner, David Njoku, Matt Rourke, Claudin, Kirk Cousins, Grant Halverson, Caleb Williams, Williams, Zac Goodwin, Deebo Samuel, Samuel, John Froschauer, Isaac Yiadom, Ji'Ayir Brown, DK Metcalf, Steven Bisig, Willie Gay Jr, Gay, Ed Zurga, Camryn Bynum, Steve Luciano, Keon Coleman, Eric Gay, Trevor Lawrence, David Rosenblum, Daniel Whelan, Gregory Bull, Trey Sermon, Nathan Ray Seebeck, Ka'imi Fairbairn, Deommodore Lenoir, Ezra Shaw, Cooper Neill, Aaron Rodgers, Rodgers, Jayden Daniels, Christian Petersen, Tremon Smith, Greg Zuerlein, Seth Wenig, Ja'Tavion Sanders, Germaine Pratt, Eric Murray, George Kittle, Darius Slayton, Eric Kendricks, Brad Penner, Reuters Damar Hamlin, Bryan M, Bennett, Calvin Austin III, Brandon Sloter, Johnny Mundt, Stephen Maturen, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Allen Lazard, Alex Austin, Darnell Mooney, Matt Slocum, Patrick Mahomes, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tagovailoa, Jasen, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Jaylen Waddle, Hill, Stephanie V, Daniels, Al Diaz, Justin Fields, Danny Karnik, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Patrick Mahomes scrambles, Charlie Riedel, Matt LaFleur, Jeff Hafley, Malik Willis, Willis, Love, Anthony Richardson, Richardson, subbed, Ryan Kelly, Shane Steichen, Joe Flacco, , ” Steichen, Joe, ” Richardson, I’m, Tony Gutierrez, AP Flacco, Flacco, Brian Flores Organizations: CNN, Win, New York Jets, Houston Texans, Jets, Pittsburgh Steelers, San Francisco 49ers –, Denver Broncos, Baltimore Ravens, The Ravens, Broncos, T, Ravens, Cleveland Browns, New Orleans Saints, Carolina Panthers, ” Nix’s Ravens, Baltimore, Pro, Panthers, Browns, NFL, Getty Images Detroit Lions, Green Bay Packers, Detroit Lions, Lambeau, Lions, NFL.com, Kansas City Chiefs, Tennessee Lions, Packers, Miami Dolphins, Arizona Cardinals, Hard, Sunday, Dolphins, Getty Images, Chicago Bears, USA, Sports, Reuters Denver Broncos, Getty Images Cincinnati Bengals, Philadelphia Eagles, Eagles, Reuters Minnesota Vikings, Los Angeles Rams, Rams, Los Angeles Chargers, Chargers, Getty, San Francisco 49ers, AP Indianapolis Colts, The Colts, AP Washington, Getty Images Jacksonville Jaguars, New England Patriots, Jaguars, Getty Images Denver Broncos, Reuters Detroit Lions, Dallas Cowboys, The Lions, Cowboys, Denver Post, AP Carolina Panthers, Atlanta, Getty Images Chicago Bears, Jacksonville Jaguars, Tottenham Hotspur, Seattle Seahawks, Reuters New, Reuters New Orleans Saints, Chiefs, Saints, AP Minnesota Vikings, Vikings, AP Buffalo Bills, Bills, AP Jacksonville Jaguars, Indianapolis Colts, Reuters Houston Texans, Buffalo Bills, AP San Francisco 49ers, Deommodore, Cardinals, 49ers, Las Vegas Raiders, Minnesota Vikings, Cincinnati Bengals, Bengals, Getty Images Houston Texans, Jacksonville, Texans, AP New York Giants, Giants, Reuters, Getty Images Pittsburgh Steelers, Steelers, Getty Images Minnesota Vikings, Tennessee Titans, AP Dallas Cowboys, The Jets, Reuters Atlanta Falcons, AP Kansas City Chiefs, Super Bowl, Reuters San Francisco 49ers, AP New Orleans Saints, Reuters Miami Dolphins, Reuters New York Jets, AP Los Angeles Chargers, Shutterstock Dallas Cowboys, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Atlanta Falcons, Falcons, AP Tennessee Titans, Titans, Bears, Patriots, New York Giants, São Paulo, The Eagles, Neo, AP Baltimore Ravens, Arrowhead, NFC North, Colts, Indianapolis, AP, Minnesota, US Bank, Orleans Saints, Vegas Raiders, Washington Locations: Maryland, Nix, Baltimore, Denver, Detroit, Miami, Landover , Maryland, Cincinnati, Inglewood , California, Glendale , Arizona, Santa Clara , California, Indianapolis, Green Bay , Wisconsin, London, Arlington , Texas, Philadelphia, Charlotte , North Carolina, Seattle, Reuters New Orleans, Kansas City , Missouri, Houston, Jacksonville , Florida, East Rutherford , New Jersey, Orchard Park , New York, Pittsburgh, Minneapolis, Nashville, Miami Gardens , Florida, Cleveland, Tampa , Florida, Atlanta, Chicago, São, South America
Sales of single-family homes were down 12% in September compared with the same time in the previous year. But interest rates, rising home prices and skyrocketing insurance costs likely played bigger roles than the recent hurricanes. “Florida recovers much faster than you think,” said Brad O’Connor, chief economist for Florida Realtors. Because of stricter building codes implemented in the years after Hurricane Andrew devastated South Florida in 1992, newer homes withstand hurricanes better than older ones, O’Connor said. The number of households dropped from about 340,000 to about 326,000, according to the U.S. Census Bureau.
Persons: , Brad O’Connor, Hurricane Andrew, O’Connor, , Hurricane Ian Organizations: Florida Realtors, . Census, Van Lines, Associated Press Locations: Florida, South Florida, Lee County, Fort Myers, United States
Dollar steady as investors eye U.S. jobs report, election
  + stars: | 2024-11-01 | by ( ) www.cnbc.com   time to read: +3 min
The dollar steadied against major peers on Friday, as investors awaited the U.S. jobs report to confirm economic resiliency heading into the Federal Reserve's monetary policy meeting and a close-call U.S. presidential election next week. The dollar steadied against major peers on Friday, as investors awaited the U.S. jobs report to confirm economic resiliency heading into the Federal Reserve's monetary policy meeting and a close-call U.S. presidential election next week. The U.S. dollar started November off at a lower level after coming under pressure against the yen and euro on Thursday. (Kazuo) Ueda's press conference," Morgan Stanley MUFG economists Takeshi Yamaguchi and Masayuki Inui wrote in a report on Thursday. The Fed's monetary policy decision next week comes just days after the U.S. presidential election on Tuesday.
Persons: Nonfarm, Tapas Strickland, Kazuo, Ueda's, Morgan Stanley, Takeshi Yamaguchi, Masayuki Inui, Sterling, Rachel Reeves, Donald Trump, Kamala Harris, Trump's Organizations: Federal, Bank of Japan, U.S ., Reuters, National Australia Bank, Gov, U.S, Republican, Democratic, Trump, Treasury, Federal Reserve Locations: U.S
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