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☆ 11 surprising things from this earnings season, including my favorite stock so far
▼ + stars: | 2024-11-03 | by ( Jim Cramer | ) www.cnbc.com time to read: +17 min

Horton makes the most sense as a Kamala Harris stock because of a promised $25,000 toward a first home. I don't know if either candidate can pull off huge tariffs (Trump) or a credit (Harris). Here are eleven surprising things about this earnings season that you can store up and pull out when the election is confirmed. The deficit will begin to hurt the stock market hard next year even if the economy continues to cool. Away from the hyperscalers, I like Marvell , where CEO Matt Murphy bought $1 million worth of stock in the open market.

Persons: beckons, Joe Biden, Biden, Donald Trump, D.R, Horton, Kamala Harris, Harris, let's, Let's, Trump, haven't, Myers, Abbvie, Eli Lilly, Anat Askenazi's, Abbott, neonatologists, Reckitt, Jim Hurst, Danaher, Jason Hollar, It's, Amgen, That's, Estee Lauder, Parker, Pat Gelsinger's, He's, Matt Murphy, Jim Cramer's, Jim Cramer, Jim, David Paul Morris Organizations: U.S, NBC News, White, Ford Motor, Trump, Costco, Volkswagen, Bankers, Banco Santander, Apple, Amazon, GE Vernova, U.S ., Treasury, Merck, NEC, FDA, CDC, NIH, GE Healthcare, Cardinal Health, NPC, Nvidia, Caterpillar, Linde, Devices, heaven's, Intel, Marvell, Micron, Arista, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: Europe, Germany, China, Portugal, Ireland, Italy, Greece, Spain, It's, Santander, —, Bristol, U.S, Taiwan, Eaton, Dover, Norwegian, Caribbean, San Francisco

The fee turned up in September 2019, after Trump placed 25% tariffs on steel, and hasn’t gone away since. So far, the tariffs in force under both White Houses have cost Americans $79 billion, the nonpartisan Tax Foundation estimated this summer. The nation’s roughly 33 million small businesses employ nearly half the nation’s workers and generate more than 43% of the gross domestic product, the U.S. Chamber of Commerce estimates. “Whether we like it or not, Asia is the bike manufacturing hub of the world,” said Zagata, who raised prices by between 18% and 22% after the Trump tariffs took hold. San Diego-based entrepreneur Nichole MacDonald said profit margins for her patented, 10-pocket Sash Bag have been thinning in recent years as material and freight costs have jumped, and tariffs aren’t helping.

Persons: Donald Trump, Chris Smith, Trump, hasn’t, Smith, ”, Biden, —, who’ve, Erica York, Julia Demaree Nikhinson, they’re, Jonathan Gold, Gold, “ they’ve, Ryan Zagata, Zagata, he’d, Felix Tintelnot, Trump’s, ” Trump, Brian Hughes, Nichole MacDonald Organizations: Virginia Beer Co, Constellation Brands, Corona, Trump, Foundation, Tax, National Retail Federation, U.S . Chamber, Commerce, Brooklyn Bicycle Co, GOP, Duke University, “ Locations: Williamsburg , Virginia, U.S, China, Modelo, Mexico, New York City, Asia, York, Germany, Diego, India

☆ After six years of tariffs, small-business owners aren't eager for more
▼ + stars: | 2024-11-01 | by ( Alexandra Byrne | ) www.cnbc.com time to read: +9 min

The fee turned up in September 2019, after Trump placed 25% tariffs on steel, and hasn't gone away since. Small-business owners have already been facing tariffs on billions of dollars of goods, most of them from China, implemented by Trump in 2018. So far, the tariffs in force under both White Houses have cost Americans $79 billion, the nonpartisan Tax Foundation estimated this summer. The nation's roughly 33 million small businesses employ nearly half the nation's workers and generate more than 43% of the gross domestic product, the U.S. Chamber of Commerce estimates. "Whether we like it or not, Asia is the bike manufacturing hub of the world," said Zagata, who raised prices by between 18% and 22% after the Trump tariffs took hold.

Persons: Donald Trump, Chris Smith, Trump, hasn't, Smith, Biden, —, who've, Erica York, they're, Jonathan Gold, Gold, they've, Ryan Zagata, Zagata, he'd, Felix Tintelnot, Trump's, Brian Hughes, Nichole MacDonald, MacDonald, Kamala Harris, it's, Sara Hauman, isn't, doesn't Organizations: Albuquerque, Virginia Beer Co, Constellation Brands, Corona, Trump, Foundation, Tax, National Retail Federation, U.S . Chamber, Commerce, Brooklyn Bicycle Co, GOP, Duke University Locations: Albuquerque , New Mexico, Williamsburg , Virginia, U.S, China, Modelo, Mexico, New York City, Asia, York, Germany, Diego, India, America, Portland , Oregon, West Coast

☆ The US is on the cusp of a lithium boom to loosen China's grip on EVs
▼ + stars: | 2024-10-31 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +7 min

AdvertisementThe US is on the cusp of a lithium boom after years of laying the groundwork for an electric-vehicle supply chain that doesn't rely on China. The three sites, expected to come online between 2026 and 2028, would massively increase the US's lithium supply. A Tiehm's buckwheat plant in Esmeralda County, Nevada, grows beside where the Rhyolite Ridge lithium-boron mine is planned. AdvertisementRowe said Ioneer redesigned the Rhyolite Ridge mine to limit its footprint in the critical habitat of the endangered wildflower, Tiehm's buckwheat. The Biden administration, in issuing the permit for the mine, said it would not jeopardize the flower's survival.

Persons: —, Biden, Bernard Rowe, VCG, Rowe, Karl Friedhoff, Robyn Beck, Thacker, Ioneer, brines Organizations: Service, EV, Atlantic Council, Chicago Council, Global Affairs, House, Biological Diversity, Biden, Western Shoshone Defense, AP, Resources, Survey Locations: Nevada and California, China, Nevada, Thacker, Australia, South America, Chile, Argentina, Shanghai İnternational Port, Asia, Japan, India, Ioneer, California, Texas, Shoshone, Esmeralda County , Nevada, Oregon, Arkansas

☆ Chinese EV maker BYD's quarterly sales overtook Tesla's for the first time
▼ + stars: | 2024-10-31 | by ( Sonia Heng | In Sonia-Heng | ) www.cnbc.com time to read: +2 min

Yves Herman | ReutersChinese electric vehicle maker BYD reported third-quarter revenue that topped that of behemoth rival Tesla for the first time. On Wednesday, BYD reported revenue for the three months ended Sept. 30 of 201.12 billion yuan ($28.24 billion), up 24% from a year ago. That exceeded Tesla's revenue of $25.18 billion reported for the same period. At least half of BYD's sales are hybrid vehicles, whereas Tesla's vehicles are battery only. Likewise, Tesla remains on top in year-to-date sales, slightly edging out BYD's roughly $70.53 billion total revenue at $71.98 billion.

Persons: Yves Herman, BYD, Tesla, Elon Musk's Tesla Organizations: Reuters, behemoth, Elon, BYD's Seagull, EU, SAIC Motors Locations: China, Zeebrugge, Belgium, Beijing, Europe, Berlin, Hungary, Turkey

The move could prompt legal challenges, as a similar policy did in the first Trump administration. To pressure local law enforcement agencies to cooperate, the Trump team would cut off their access to Justice Department grants, the three sources said. After an appeals court sided with the Trump administration, the Democratic-controlled states appealed to the Supreme Court. And that legal maneuver, in essence, ran out the clock on the first Trump administration. Vitiello said a second Trump administration would also offer additional funding to state and local police departments that participate in the mass deportations.

Persons: Donald Trump, Trump, Ron Vitiello, ” Vitiello, Ronald Vitiello, Tom Williams, Harris, Byrne, Joe Biden, Vitiello Organizations: NBC News, Trump, Democratic, Justice, Getty, ICE, Biden, American Immigration Council, Justice Department, The Justice Department, Byrne JAG, Supreme Locations: Washington, Chicago, California, U.S, New York

☆ Arizona is the epicenter of the debate over how Trump's mass deportation plan would hit the economy
▼ + stars: | 2024-10-30 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +12 min

Donald Trump proposed mass deportation to lower housing costs and boost job opportunities. AdvertisementThe mass deportation of people living in the US illegally has been one of the cornerstones of the Republican presidential ticket leading up to the November election. Many Democrats say mass deportations would hurt businesses and employment opportunities for all Americans, in addition to separating families and displacing millions of people. She told BI that a mass deportation would devastate the agriculture, construction, and hospitality industries. AdvertisementHow much a mass deportation would cost the governmentThe Trump campaign has talked little about how mass deportations could be implemented and on what scale.

Persons: Donald Trump, —, Trump, Kamala Harris, Biden, Harris, Douglas Nicholls, Nicholls, Regina Romero, Romero, " Romero, Duncan Braid, Braid, Davis, Chloe East, Taylor Rogers, Trump's, Rogers, hasn't, Marcus Noland Organizations: Service, Republican, Pew Research Center, Business, Pew Research, Trump, Immigration, Customs, American Compass, University of California, Brookings Institution, ICE, New York Times, American Immigration, Taxation, Economic, Manhattan Institute, FEMA, RNC, Peterson Institute for International Economics, American Immigration Council, Peterson Institute Locations: Los Angeles, Springfield, Aurora, Ohio, Colorado, Arizona, Yuma , Arizona, Mexico, Yuma, Tucson, Reading , Pennsylvania, US, Aurora , Colorado

☆ The U.S. Navy apologized 142 years after shelling and burning an Alaska Native village to oblivion
▼ + stars: | 2024-10-28 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +6 min

ANCHORAGE, Alaska — Shells fell on the Alaska Native village as winter approached, and then sailors landed and burned what was left of homes, food caches and canoes. It was Oct. 26, 1882, in Angoon, a Tlingit village of about 420 people in the southeastern Alaska panhandle. Now, 142 years later, the perpetrator of the bombardment — the U.S. Navy —has apologized. The residents are vastly outnumbered by brown bears, and the village in recent years has strived to foster its ecotourism industry. Merriman, the top U.S. official in Alaska, saying a Tlingit uprising threatened the lives and property of white residents.

Persons: U.S . Navy —, Mark Sucato, ”, “, Angoon, Nobu Koch, Daniel Johnson Jr, Julianne Leinenveber, Klane, Shgen George, E.C . Merriman, Johnson, Merriman, ” Johnson, Billy Jones, Tith Klane’s, ” Jones, Rosita Worl, Leinenveber, Eunice James, Tith Klane, we’ve Organizations: U.S . Navy, Navy, Department of Interior, Alaska Natives, U.S ., Army, Wrangell, Admiralty, North West Trading Co, Naval, U.S, Sealaska Heritage Institute Locations: ANCHORAGE, Alaska, Angoon, Angoon , Alaska, Russia, Kake, Juneau

☆ The US Navy is apologizing 142 years after shelling and burning an Alaska Native village to oblivion
▼ + stars: | 2024-10-28 | by ( Associated Press | ) edition.cnn.com time to read: +6 min

Anchorage, Alaska AP —Shells fell on the Alaska Native village as winter approached, and then sailors landed and burned what was left of homes, food caches and canoes. It was Oct. 26, 1882, in Angoon, a Tlingit village of about 420 people in the southeastern Alaska panhandle. Now, 142 years later, the perpetrator of the bombardment — the US Navy — has apologized. US Navy Rear Adm. Mark B. Sucato speaks during a Navy ceremony Saturday, October 26, 2024, in Angoon, Alaska, to apologize for the 1882 military bombing on a Tlingit village in Angoon. Merriman, the top US official in Alaska, saying a Tlingit uprising threatened the lives and property of white residents.

Persons: US Navy —, Mark Sucato, ”, “, Angoon, Daniel Johnson Jr, Julianne Leinenveber, Klane, Mark B, Sucato, Nobu Koch, E.C . Merriman, Johnson, Merriman, ” Johnson, Billy Jones, Tith Klane’s, ” Jones, Rosita Worl, Leinenveber, Eunice James, Tith Klane, we’ve Organizations: US Navy, Navy, Department of Interior, Alaska Natives, US, Army, Wrangell, Admiralty, North West Trading Co, Sealaska Heritage Institute Locations: Anchorage, Alaska, Angoon, Russia, Kake, Angoon , Alaska, Juneau

☆ Decades in a country he can’t call home: South Korean’s US adoption nightmare
▼ + stars: | 2024-10-28 | by ( Hanna Park | ) edition.cnn.com time to read: +8 min

Crapser made history as the first Korean adoptee to sue the South Korean government and his adoption agency for damages in 2019. As he awaits a court decision in Seoul, a bill that could grant him US citizenship remains stalled in Congress. CNN reached out to the adoption agency, Holt Children’s Services, for comment but did not immediately receive a response. In response to recent media reports about adoptions from South Korea in the 1980s, Holt International acknowledged the potential unethical practices in a public statement and noted Holt Children’s Services separated from Holt International in 1977. The Seoul High Court is set to render its decision on January 8 regarding Crapser’s seeking of monetary damages.

Persons: Adam Crapser, – Crapser, ” Crapser, “, —, Crapser, “ I’m, I’ve, Adam Smith of, — “, Don Bacon of Nebraska, Christal, Christina, Anh Nguyen, Gosia, “ It’s, don’t, ”, he’s, “ I’ve, Holt, ” Holt Organizations: CNN, US, South Korean, Democratic Rep, Republican, Congress, Seoul Central, Court, Associated Press, Holt Children’s Services, Holt International, AP Locations: States, Seoul, Michigan, Korean, Adam Smith of Washington, Vancouver, Washington, United States, South Korea, Korea

☆ Wise's billionaire CEO fined £350,000 by UK regulators over failure to report tax issue
▼ + stars: | 2024-10-28 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

In this article WISE-GB Follow your favorite stocks CREATE FREE ACCOUNTKristo Kaarmann, CEO and co-founder of Wise. Eoin Noonan | Sportsfile | Getty ImagesLONDON — Kristo Käärmann, the billionaire CEO of money transfer firm Wise , was slapped with a £350,000 ($454 million) fine by financial regulators in the U.K for failing to report an issue with his tax filings. "We continue to build a product and a company that will serve our customers and owners for the decades to come," Käärmann added. The chair of Wise, David Wells, said that the company's board of directors "continues to take Wise's regulatory obligations very seriously." In a note Monday, analysts at British investment bank Peel Hunt boosted their expectations for Wise's full-year profit before tax by 15%.

Persons: Kaarmann, Wise, Eoin Noonan, Sportsfile, Käärmann, Taavet Hinrikus, Forbes, Therese Chambers, David Wells, Peel Hunt, Gautam Pillai, Barun Singh Organizations: WISE, Getty, Financial, Authority, FCA, Customs, Peel Locations: Estonian

☆ China to offer Taliban tariff-free trade as it inches closer to isolated resource-rich regime
▼ + stars: | 2024-10-25 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

BEIJING, China — China will offer the Taliban tariff-free access to its vast construction, energy and consumer sectors, Beijing’s envoy to Afghanistan said on Thursday, as the ailing resource-rich but diplomatically-isolated regime looks to build up its markets. “China will offer Afghanistan zero-tariff treatment for 100% tariff lines,” Zhao Xing, Chinese ambassador to Afghanistan, wrote on his official X account late on Thursday, above a photo of him meeting acting deputy prime minister Abdul Kabir. The country exported no commodities to China last year, the data shows, but Zhao has regularly posted photos of him meeting Taliban officials responsible for mining, petroleum, trade and regional connectivity since his appointment last September. “In the Horn of Africa, China’s Special Envoy Xue Bing said that the best way to resolve security and terrorism challenges is through economic development. I think they are bringing that same mindset to Afghanistan,” said Eric Orlander, co-founder of the China-Global South Project.

Persons: Zhao Xing, Abdul Kabir, Zhao, Xue Bing, ”, Eric Orlander Organizations: “ Locations: BEIJING, China, Afghanistan, Beijing, Xinjiang, Pakistan, of Africa

☆ Fact check: How Trump’s TV ads deceive viewers with misleadingly edited quotes
▼ + stars: | 2024-10-25 | by ( Daniel Dale | ) edition.cnn.com time to read: +7 min

Washington CNN —Former President Donald Trump’s late-campaign television ads are littered with deceptively edited and misleadingly described quotations. Multiple Trump ads omit critical words from quotes by and about Vice President Kamala Harris on the subject of tax policy. One Trump ad misleadingly depicts comments about fracking from Trump’s campaign and administration as if they were comments from independent news organizations. Tactic: Cutting out key wordsOne Trump ad deletes critical words from two separate quotes on Harris’ tax policies. Those ads feature on-screen text saying “Harris would raise taxes,” attributing those words to a CBS News article.

Persons: Donald Trump’s, Kamala Harris, Trump, Harris, Karoline Leavitt, ”, —, “ Harris, Joe Biden, Harris –, Dan Brouillette, “, Biden, can’t, “ Biden, ’ Organizations: Washington CNN, Trump, Biden, Customs, “, AdImpact, New York Times, Times, CBS, Reuters, E, Energy, Welfare, illegals, NBC, Newsweek, Customs Enforcement, CNN, ICE Locations: Pennsylvania, Michigan

☆ China's steel exports expected to falter in 2025 as pain from tariffs spread
▼ + stars: | 2024-10-25 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +2 min

China's steel exports will soon hit an eight-year high, before sweeping tariffs sink in and drag down the industry in 2025, industry watchers said. As the biggest exporter of steel, China accounts for about 55% of the world's steel production. Strategists at Macquarie Capital predicted that China's steel exports will reach 109 million tons this year, before declining to 96 million tons in 2025. Trade tariffs could further curb China's steel exports, "albeit this may require a while to play out," analysts from the the investment bank told CNBC. After hitting a record high of 112 million tons in 2015, the country's steel exports had been on a multi-year slide before it started improving in 2020.

Persons: Ren Zhuqian Organizations: Science & Technology, Macquarie Capital, CNBC, Citigroup, Steel Locations: JIUJIANG, CHINA, Jiujiang, Jiangxi Province, China

☆ 'Made in Mexico' trade controversy is provoking another kind of border war
▼ + stars: | 2024-10-25 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

Sparking controversy is language within the USMCA that covers how a product gains the "Made in Mexico" designation from U.S. Customs. There is bipartisan concern about Mexico serving as a trade "back door" for Chinese exports to evade tariffs. Trump threats not slowing trade boom Trump has said he wants to renegotiate the USMCA deal he struck with the North America partners in 2020. Chinese manufacturing in Mexico will be a likely part of the trade renegotiation. Threats of additional tariffs are not slowing down trade with Mexico.

Persons: Donald Trump, Zekelman, San Luis Potisi, Jordan Dewart, Biden, Trump, Mary Lovely, Anthony Solomon, Dewart Organizations: U.S . Customs, Zekelman Industries, Bloomberg, Getty, Peterson Institute for International Economics, Trump, North America, Companies, DHL, Uber, Moody's Analytics Locations: United States, Mexico, Canada, U.S, North America, Republic of Mexico, Beach, Calif, Chicago, San Luis, Luis Potisi, Redwood Mexico, China, Mexican, El Paso, Laredo , Texas, East Asia

☆ This man left the US to visit Japan for six months. 32 years later, he’s still there
▼ + stars: | 2024-10-24 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +13 min

“I didn’t know anything about Japan,” Prucha tells CNN Travel via Zoom. He left San Francisco and set off for Japan the following year, bringing very little with him. “I’ve always loved craft beer,” he says. “And when I saw Japan was starting to take baby steps towards embracing craft beer. Courtesy Dave PruchaWhile he loves his life in Japan, Prucha admits that there are some things about the US that he still craves.

Persons: Dave Prucha, he’d, ” Prucha, Prucha, “, ’ ”, ”, “ I’ve, he’d “, I’ll, Dave, you’re, Dave Prucha “, I’ve, ” “, –, ‘ It’s, “ We’re, they’re, it’s Organizations: CNN, San Francisco State University, Kyodo, “, Obina, Japan Locations: Japan, California, American, Tokyo, San Francisco, Yamanashi Prefecture, ”, Japan’s Yamanashi Prefecture, China, Yamanashi

☆ South Carolina to build state's first individual monument honoring an African American
▼ + stars: | 2024-10-23 | by ( The Associated Press | ) www.nbcnews.com time to read: +6 min

“South Carolina is a great state. Or would a more fitting tribute to Smalls be to recognize the statesman who served in the South Carolina House and Senate and the U.S. House after the Civil War? That’s how Republican Rep. Chip Campsen, an occasional ship pilot himself, sees honoring one of his favorite South Carolinians. While South Carolina has a monument with multiple panels honoring the struggle of African Americans from their journey on slave ships through today, it doesn’t honor an individual Black man or women among the two dozen monuments scattered around the Statehouse. I think it is important that we tell that the right way to honor him and to honor south Carolina.

Persons: Robert Smalls isn’t, Smalls, Jermaine Johnson can’t, “, Heck, it’s, ”, Johnson, Brandon Cox, We’ve, ” Cox, Robert Smalls, toots, Woodrow Wilson, Chip Campsen, ” Campsen, J, Marion Sims, ” Ben Tillman, Black, Shane Massey, “ Robert Smalls, Chris Barr, Barr, you’ve, ” Barr Organizations: U.S . House, Rep, Statehouse, Senate, Republican Rep, South Carolina House, Confederate, Union, Republican, Reconstruction, Historic, United States Navy Locations: BEAUFORT, S.C, — South Carolina, American, U.S, Goose, “ South Carolina, South, Beaufort, Carolina, Charleston

☆ Royal Caribbean passengers are suing over an employee who recorded women and kids with hidden cameras
▼ + stars: | 2024-10-23 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +5 min

Passengers are suing Royal Caribbean after a cabin attendant was found guilty of hidden recordings. AdvertisementPassengers are suing the Royal Caribbean cruise line after a cabin attendant was sentenced to 30 years in prison for secretly recording adults and children in states of undress with hidden cameras. In one lawsuit, a Hawaii-based passenger, identified as Jane Doe, is seeking $75,000 in damages from Royal Caribbean. It argues that Royal Caribbean should have foreseen the risk of sexual assault, given the prevalence of such incidents on ships. Royal Caribbean Cruises stock closed at $203.35 on Tuesday, up 1.72%, and close to the 52-week-high reached last Thursday.

Persons: —, Jane Doe, Arvin Joseph Mirasol, Mirasol, Bernardo Pimentel, Pimentel, Marisol Organizations: Royal Caribbean, Service, Royal, Broward Sheriff's, Unit, Leesfield, Partners, US, Office, Southern, Southern District of, Homeland Security Investigations, Customs, Border Protection, Mirasol, US Department of Transportation, Business, Royal Caribbean Cruises Locations: Hawaii, Royal Caribbean, New Hampshire, Southern District, Southern District of Florida, Caribbean

Karnal, India CNN —The sun blisters the arid ground in Karnal, a district in India’s northern Haryana state, where empty houses stand testament to an acute problem that’s driving some residents to take unimaginable risks. Ankit Chaudhary says he paid an agent to help him take the 'donkey route' into the US but lost his money. His account matched that of another smuggling agent CNN spoke to in Haryana. But even if Trump wins the November election, smugglers CNN spoke to in India predict an eventual revival of the “donkey” route. “In my opinion the donkey route will never completely stop,” said the first agent.

Persons: ”, Ankit Chaudhary, ” Chaudhary, Narendra Modi, “ Viskit, ” Modi, “, Bharat, Chaudhary, Rajeev Kumar, Malkeet, ” Kumar, Young, Muzaffar Chishti, ” Chishti, ” Ankush Malik, Malik, They’ve, Chishti, ‘, ’, Frederic J . Brown, CNN's Ivan Watson he's, Trump, we’re, ” Trump, Kamala Harris, Gary Coronado, ’ Kumar, Kumar Organizations: India CNN, USA, CNN, US, Pew, India’s Ministry of Labour, Employment, Panama City, International Labour Organization, Migration, Institute, Biden, YouTube, Customs, Border Protection, Justice Department, Biden Administration, Border Patrol, Migrants, Getty, White, Democratic, Trump, Immigrants, Border, Los Angeles Times, El Locations: Karnal, India, India’s, Haryana, United States, Latin America, Mexico, El Salvador, Mator, Kaithal, New Delhi, Dubai, Almaty, Kazakhstan, Turkey, Istanbul, Panama, San Salvador, Guatemala, New York, Qatar, Amsterdam, Springs , California, AFP, San Diego, South Asia, September’s

☆ Fact check: Trump repeats debunked lies about FEMA’s hurricane response during North Carolina visit
▼ + stars: | 2024-10-21 | by ( Daniel Dale | ) edition.cnn.com time to read: +5 min

Washington CNN —Former President Donald Trump used a Monday visit to North Carolina to repeat debunked lies about the federal response to Hurricane Helene. They’ve spent it on illegal migrants,” Trump said. Second, it’s not true that FEMA disaster assistance money was improperly reallocated to migrants. But here’s the key: this $650 million pot is entirely distinct from FEMA’s much larger pot of disaster relief funds. As of last Tuesday, its Disaster Relief Fund had about $8.5 billion remaining, FEMA told CNN’s Ella Nilsen.

Persons: Donald Trump, Hurricane Helene, Trump, “, They’ve, ” Trump, Biden, it’s, they’re, Congress –, Chuck Edwards of, Edwards, CNN’s Ella Nilsen, Helene –, Alejandro Mayorkas, Helene, ” Organizations: Washington CNN, Federal Emergency Management Agency, Republican, FEMA, Trump, US Customs, Department of Homeland Security, White, Republicans, Congress, Disaster Relief, Homeland Locations: North Carolina, Asheville, Greenville, Chuck Edwards of North Carolina, Hurricane, Helene

☆ Trump’s mass deportation plans would be costly. Here’s why
▼ + stars: | 2024-10-19 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +15 min

Experts noted then, as they note today, that high costs and complex logistics make mass deportation more complicated than campaign promises suggest. Immigrants deported from the United States arrive in Guatemala City on an ICE deportation flight on February 9, 2017. John Moore/Getty ImagesSo what would deporting the millions of undocumented immigrants living in the United States cost? The organization also argues that mass deportation would make more jobs available for Americans. The economic impact of mass deportation, he says, would amount to “utter disaster.”“We Americans, we, the country, we, in our communities, would be significantly damaged,” he says.

Persons: Donald Trump, he’ll, he’s, Trump, they’ve, Tom Homan, Stephen Miller, JD Vance, he’d, Biden, ”, John Sandweg, Obama, ” Trump, wasn’t Trump, “ It’s, Laura Collins, George W, Sandweg, John Moore, Collins, Miller, Jason Houser, “, Houser, “ That’s, ” Collins, …, you’re, ” Sandweg, they’re, ” Houser, it’s, “ They’re, who’d, —, Lisa Sherman Luna, Saul Young, Michael Ettlinger, Zeke Hernandez, Hernandez, that’s Organizations: CNN, Republican National Convention, Customs, Trump, Migration, ICE, Bush Presidential, Immigrants, American Action, American Immigration, Pew Research Center, of Homeland Security, Syracuse University, Department of Homeland Security, Migration Policy, MPI, Pew Research, Tennessee, Refugee Rights Coalition, Community, Knoxville News Sentinel, USA, Carsey School of Public, University of New, Taxation, University of Pennsylvania’s Wharton School, Federation for American Immigration Reform Locations: United States, United, Guatemala City, China, Cuba, India, Russia, Venezuela, Mississippi, Tennessee, Morristown , Tennessee, University of New Hampshire

☆ Fact check: Debunking Trump’s October lying spree about immigration
▼ + stars: | 2024-10-18 | by ( Daniel Dale | ) edition.cnn.com time to read: +23 min

Harris’ approach to the border: Trump falsely claimed of Harris: “She was saying the other day, ‘Yes, oh yes, we want to have a border.’ The first time she ever said it. The legal status of immigrants in Springfield: Trump falsely claimed, “They just dropped 30,000 illegal aliens in Springfield, Ohio.”This is false in more than one way. And while there is no official tally of the number of immigrants in Springfield, Trump’s “30,000” figure exceeds local estimates. More about immigrants in Springfield: Trump claimed that immigrants in Springfield are on “probation,” and he added, “Probation is for prisoners.” This is false in two ways. The word “caravan”: Talking about migrant caravans, Trump repeated his false claim that he invented the term: “The caravan.

Persons: Donald Trump, Kamala Harris ’, Harris, Trump, Joe Biden, ”, ” Biden, Alejandro Mayorkas, Biden, ” Harris, didn’t, “, ‘, it’s, –, Kamala Harris, It’s, Hurricane Helene, Hurricane Milton, ” James Hathaway, that’s, they’re, “ That’s, Ohio Sen, JD Vance, Trump’s, Mike DeWine, Vance, Chris Cook, ” Roberto Briceño, ” Trump, ” Helen Fair, hasn’t, Mike Coffman, ” Coffman, They’ve, Honduras –, Barack Obama, Obama’s, Harris “, Aaron Reichlin Organizations: Washington CNN, White, Homeland, Trump, Biden, Department of Homeland Security, ICE, Immigration, Customs, FEMA, Federal Emergency Management Agency, Congress, House Republicans, Refugee, Asylum, University of Michigan, UN, YES, ” Republican Ohio Gov, New York Times, US, “, CNN, Venezuelan, of, . Migrants, Democratic, Institute for Crime & Justice, Research, Birkbeck , University of London, Republican Aurora, Central, Customs Enforcement, El Salvador, Homeland Security, American Immigration Council, ICE hasn’t Locations: El Salvador, Guatemala, Honduras, United States, Texas, Arizona, Afghanistan, ”, That’s, Mexico, U.S, Springfield , Ohio, Univision, Springfield, Ohio, “, Cuba, Vietnam, Hungary, Czechoslovakia, Lebanon, Venezuela, Caracas, Congo, Democratic Republic of Congo, Republic of Congo, United Kingdom, Colorado, Venezuelan, Aurora, America

CNN —The Biden administration sent a letter to the Israeli government demanding it act to improve the humanitarian situation in Gaza within the next 30 days or risk violating US laws governing foreign military assistance, suggesting US military aid could be in jeopardy. The Sunday letter, jointly written by US Secretary of State Antony Blinken and Secretary of Defense Lloyd Austin, is addressed to Israeli Minister of Defense Yoav Gallant and Minister of Strategic Affairs Ron Dermer. It marks a significant new step by the US to try to compel Israel to facilitate the delivery of humanitarian aid into Gaza. The deadline falls after the US presidential election on November 5. This story is breaking and will be updated.

Persons: CNN —, Biden, Antony Blinken, Defense Lloyd Austin, Yoav Gallant, Ron Dermer, “, ”, ” Blinken, Austin Organizations: CNN, Defense, Strategic, US, US State and Defense Locations: Gaza, Israel, norther

☆ Even the strongest pillar of the Chinese economy is showing signs of weakness
▼ + stars: | 2024-10-15 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

China's export growth slowed in September, raising concerns about future economic stability. China may delay further economic stimulus ahead of the US election, anticipating potential tariffs. The market had expected China's exports to grow 6% on-year in September, according to a Reuters' poll of economists. AdvertisementThe timing of the decline in China's exports also came at an untimely moment — weeks before the US presidential election. Beijing has rejected this view, saying the West's accusations are protectionist and aimed at containing China's economic growth.

Persons: —, hasn't, Lu Daliang, Donald Trump, Rory Green, GlobalData.TS Lombard, Green Organizations: Service, Reuters, EU, Administration of Customs, Nomura, BofA Securities, Republican, Authorities, Trump, US Locations: China, Japan, South Korea, Beijing

☆ Russia's imports from China surged in September as Moscow and Beijing deepen economic ties
▼ + stars: | 2024-10-15 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Russian imports of goods from China surged in September. Russia relies heavily on China for trade due to Western sanctions and isolation from global markets. AdvertisementRussia's imports of goods from China increased sharply last month, a sign that Moscow is leaning more heavily on Beijing after the two countries affirmed their economic ties. The surge of trading activity follows a fresh cooperation agreement Russia and China finalized in late August, which vowed, among other things, to deepen trade ties. Moscow has grown more reliant on Beijing as an economic partner since being targeted by Western sanctions in 2022.

Persons: —, Bejing, Vladimir Putin, Li Qiang Organizations: Service Locations: China, Russia, Moscow, Beijing, India, Ukraine

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