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☆ Here's a final breakdown of how both presidential candidates might affect your finances
▼ + stars: | 2024-11-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, a final look at the impact a Harris or Trump presidency will have on your finances . The big storyThe White House and your walletGetty Images; Jenny Chang-Rodriguez/BIOn the eve of election day, we're offering a final breakdown of how both candidates might affect your wallet. Let's get into it:Investing : The corporate tax rate is the major difference between the two sides that'll likely have the biggest impact on markets. Harris wants to raise the corporate tax rate, which would likely have the opposite effect. Cost of things : Both candidates are looking to keep leveraging tariffs, but Trump's policy is much more aggressive.

Persons: —, Harris, Trump, let's, Jenny Chang, Rodriguez, Kamala Harris, Donald Trump, Let's, she's, Mario Tama, Peacock, Chip Somodevilla, Dow, BI's Emma Cosgrove, Siri, We've, Montana Sen, Jon Tester, Colin Allred, Carl Godfrey, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Ella Hopkins, Amanda Yen, Milan Sehmbi Organizations: Business, Service, BI, . Tech, Nvidia, Intel, Dow Jones, Trump, Mario, Fed, Street, CNBC, MSNBC, NBC, Apple Intelligence, WWDC, Apple, Democratic, Texas Rep, Fox Corp, Goodyear, Marriott Locations: Trump, New York, London

☆ Final polls show Harris and Trump headed for a photo finish
▼ + stars: | 2024-11-04 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

They show that neither Harris nor Trump have broken out in the swing states. Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania, and Wisconsin will likely determine whether Vice President Kamala Harris or former President Donald Trump wins. The final set of New York Times/Siena College surveys of each state showed Harris narrowly leading among likely voters in Georgia, Nevada, North Carolina, and Wisconsin, while Harris and Trump are tied in Michigan and Pennsylvania. Biden in 2020 won Georgia by a razor-thin margin, while Trump narrowly won North Carolina that year. Harris is winning female voters by 16 points (57% to 41%), according to the final NBC News poll.

Persons: Harris, Trump, —, Kamala Harris, Donald Trump, Joe Biden, Biden, Barack Obama's, — there's, hasn't, George W, Bush, Arizonans, There's Organizations: Service, New York Times, Siena College, Democratic, Trump, Times, Georgia, North, Republican, Des Moines Register, NBC Locations: Arizona , Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, Siena, Georgia , Nevada , North Carolina, Pennsylvania, In Arizona, Georgia, Nevada, North Carolina, North Carolina —, Charlotte, Raleigh, Wisconsin , Michigan, Midwest, Iowa, Arizona

☆ Delphi murders suspect confessed to crimes in prison
▼ + stars: | 2024-11-04 | by ( Zoe Sottile | Jean Casarez | ) edition.cnn.com time to read: +9 min

Prosecutors say Allen actually confessed over 60 times to the murders while in prison, to his wife, his mother, family members, the prison warden, the psychologist who treated him in prison, other prison employees and other inmates. The jury on Thursday heard recordings of seven prison phone calls Allen made to his wife and mother, according to WTHR. Monica Wala, the prison psychologist who treated Allen at Westville Correctional Facility, testified for the prosecution that he confessed to the crimes multiple times, once in great detail, according to WTHR. He also spoke about wanting to go back and change his actions and apologize to the families, Wala testified. He had a serious mental health history and had experienced both major depressive disorder and anxiety disorder, Wala testified during cross-examination.

Persons: CNN — “, Abby, Libby, Richard Allen, Allen, Abigail “ Abby ” Williams, Liberty “ Libby, “ Honey, ”, WTHR, “, we’ve, ‘, Monica Wala, I’m, Wala, –, John Galipeau, Galipeau, Michael Clemons, Richard Matthew Allen, Michael Conroy, Deanna Dwenger, Brad Rozzi, ” WTHR, Frances Gull, Odinism, Gull, Tobe Leazenby, Darrell Sterrett, Stacy Bozinovski, Bozinovski, Jennifer Auger, “ Richard Allen Organizations: CNN, WTHR, Prosecutors, Liberty, Westville Correctional Facility, WRTV, CVS, Courthouse, AP Defense, Indiana Department of Corrections Behavioral Health, ”, Delphi Locations: Allen, an Indiana, Delphi , Indiana, Delphi, Westville, Wala, Carroll

☆ We usually spend $40 a week at Aldi. I took the same list to Piggly Wiggly and didn't come close to sticking to my budget.
▼ + stars: | 2024-11-04 | by ( Joe Opaleski | ) www.businessinsider.com time to read: +1 min

It's nice to know I can get everything I need at Piggly Wiggly, but I wouldn't want to buy all my groceries there again. I was over my normal budget at Piggly Wiggly. Joe OpaleskiMy total at Piggly Wiggly came to $57.89 with tax — almost $18 over my budget. If I'd been able to find comparable generic products for everything on the list, things might have been different (at least closer). When I'm in a rush and it's the closest store around, I'll still pop in Piggly Wiggly for last-minute items.

Persons: Wiggly, Joe Opaleski, Piggly Wiggly, I'd Organizations: Piggly, Aldi

☆ Americans are probably getting another interest rate cut this week — just days after the election
▼ + stars: | 2024-11-04 | by ( Ayelet Sheffey | Madison Hoff | ) www.businessinsider.com time to read: +5 min

The Federal Reserve is expected to cut interest rates by 25 basis points on Thursday. It follows a 50-basis-point rate cut in September — the first cut in four years. CME FedWatch, which forecasts interest rate changes based on market predictions, estimated an all-but-certain 25 basis point cut as of Friday afternoon. Advertisement"Borrowers should understand that 'falling interest rates' are not the same as 'low interest rates,'" Greg McBride, Bankrate's chief financial analyst, said in a commentary. What are your financial plans if the Fed makes another rate cut?

Persons: —, Jerome Powell, Powell, Helene, Milton, Cory Stahle, Julia Pollak, Greg McBride Organizations: Federal, Service, FedWatch, Boeing, BLS, Federal Reserve, PCE, Fed, asheffey

☆ The bogeyman haunting Harris (and Biden) that Trump is cashing in on
▼ + stars: | 2024-11-04 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

Now, the inflation rate is nearly back to normal – miraculously, without the recession and loss of millions of jobs that many predicted. Harris also gets that the economic anxiety fueled by inflation has helped boost the popularity of her opponent, former President Donald Trump. And he’s got a point: The inflation rate never exceeded 3% under Trump – a far cry from the four-decade high of 9.1% under Biden. “I will end inflation,” Trump told a roaring crowd of supporters in battleground North Carolina on Wednesday. More than two-thirds of economists (68%) surveyed by The Wall Street Journal say prices will be higher under Trump than Harris.

Persons: Joe Biden’s, It’s, Kamala Harris, Harris, ” Harris, Donald Trump, he’s, Trump, Biden, it’s, Moody’s, ” Trump, “, aren’t, Trump’s Organizations: New, New York CNN, White, Federal Reserve, Trump, Biden, Wall Locations: New York, Russia, Ukraine, North Carolina, China, Mexico

For many Americans, the most important focus heading into a presidential election is how the winner will impact their wallet. Related storiesFor drug prices, Harris has promised to expand two provisions in the Inflation Reduction Act, allowing Medicare to negotiate the prices of some drugs. HarrisHarris' planned policy includes the construction of 3 million new housing units, as well as an expansion to the Low-Income Housing Tax Credit. TrumpTrump has also proposed expanding the child tax credit, which currently provides up to $2,000 per child. In August, the vice presidential candidate JD Vance floated a child tax credit proposal that would include $5,000 per child for families of all income levels.

Persons: Harris, Trump, Trump's, Joe Biden's, Biden, Trump Trump, — Trump, Harris Harris, —, Vance, hasn't Organizations: Trump, Federal Reserve, White, Trump Trump Locations: Americas

Challenges filed in Bucks County – which includes Philadelphia’s northeastern suburbs – were all filed by Pennsylvania state Sen. Jarrett Coleman, O’Malley said. Coleman also filed 519 challenges to overseas voters in Lehigh County, according to Tim Benyo, that county’s elections chief. Republicans and outside conservative groups have launched legal assaults against overseas ballots in multiple battleground states, including Pennsylvania, after Democrats touted efforts to turn out citizens who live abroad. Pennsylvania officials said that the lawsuit risked disenfranchising “tens of thousands” of overseas voters, including those in uniform. “In the absence of a registration requirement that applies to (overseas voters), election officials are required to fill their timely submitted absentee ballot requests,” Morley said.

Persons: –, “ It’s, ”, Ari Savitzky, Jim O’Malley, Sen, Jarrett Coleman, O’Malley, Coleman, Tim Benyo, Cris Dush, Commonwealth Al Schmidt, Joe Biden, Karen DiSalvo, disenfranchising, DiSalvo, Charles Faltenovich, Faltenovich, doesn’t, Michael Morley, ” Morley, CNN’s Danya Gainor Organizations: CNN, White, ACLU, Pennsylvania, Republican, Commonwealth, US Postal Services, US Postal Service, Florida State University, Lycoming County Locations: Pennsylvania, Bucks County, –, Lehigh County, Centre County, Lycoming County, Washington, Beaver, United States, Lycoming

GOP senators and top aides say the race could go either way. Scott, who is a McConnell critic, has been more willing to fall in line with Trump than Cornyn or Thune over the last several years. Both Thune and Cornyn are closely politically aligned with the longtime GOP leader. Asked if he would like to get more public endorsements from GOP senators, Thune said he is not asking anyone to do that. They also point out his remarkable ascent – he defeated then-Senate Democratic Leader Tom Daschle in 2004 and is now on a path to possibly becoming GOP leader.

Persons: Mitch McConnell’s, Donald Trump, Sen, John Cornyn, John Thune, McConnell, Trump, Cornyn, Joe Rogan, ” Cornyn, Thune, they’ve, Howard Lutnick, Linda McMahon, Rick Scott, Scott, ” Scott, Laura Loomer, Markwayne Mullin, he’s, “ I’d, ” Mullin, Jonathan Ernst, “ There’s, ”, West Virginia Sen, Shelley Moore Capito, John Barrasso of, Barrasso, Cornyn’s, “, ” Thune, don’t, —, I’ve, MAGA, — Trump, ” Trump, Kristi Noem, Kristi, GOP Sen, Tim Scott of, Anna Moneymaker, Steve Daines, Thune’s, Tom Daschle, Biden, Vance Organizations: CNN, GOP, Senate, Trump, Mar, Trump voters, ”, Republicans, U.S, Capitol, Johns, Republican, Thune, National Republican, Committee, “ Liberal, South Dakota Gov, RINO, U.S . Senate, South Dakota, New, Senate GOP, Democratic Locations: Reno , Nevada, Austin , Texas, Texas, Lago, Washington, Florida, Washington , U.S, West Virginia, John Barrasso of Wyoming, United States, South Dakota, U.S, South, “, Tim Scott of South Carolina, New Hampshire, Washington , DC, Montana, Michigan , Indiana , Nevada

☆ Jim Cramer says Monday's market action suggests some traders anticipate a Harris win
▼ + stars: | 2024-11-04 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer reviewed Monday's market action, saying the session's moves reflect investors who feel Vice President Kamala Harris could win the presidency, even as the race remains deadlocked in the polls on the eve of Election Day. "I'm not sure the market's right about what a Harris presidency would mean for business, but at least now we have a blueprint for what Wall Street thinks it'll mean," he said. Traders, Cramer said, are looking to get ahead of election results, and they're looking for signs that someone knows something that others don't. The poll showed Harris leading Trump 47% to 44%, and Cramer said it has led investors to question whether other red states could turn blue. "I like the idea that you can now get a jump on what traders think," he said.

Persons: CNBC's Jim Cramer, Kamala Harris, I'm, Harris, Cramer, Donald Trump, Lina Khan Organizations: Traders, Trump, Toll, Companies, Constellation Brands, Biden, Federal Trade Locations: Iowa, Lennar

When you buy through our links, Business Insider may earn an affiliate commission. Learn moreChoosing the perfect gift for a 12-year-old girl can be a challenge. At this age, kids' interests are evolving as they transition from middle childhood to their teenage years. Some tween girls continue to play with toys while others gravitate toward new hobbies. From new hobbies and crafts to electronics and, yes, toys and collectibles, here are 31 of the best gifts for 12-year-old girls.

Persons: Sid Khurana Organizations: Business

☆ As the election winds down, worries of 'bond vigilantes' and inflation hit markets
▼ + stars: | 2024-11-04 | by ( Jeff Cox | ) www.cnbc.com time to read: +6 min

Specifically, he warned about traders taking the 10-year Treasury yield , a bond market benchmark, above 5% — a level it hasn't seen since mid-2007. To be sure, there are myriad reasons why the bond market has been in a state of tumult since mid-September, political considerations of a second Trump term being just one of them. "The bond market could easily nullify the impacts of another rate cut. That's because the bond market believes the Fed is cutting rates by too much, too soon, and is therefore raising long-term inflation expectations. It could carry "higher tariffs and mass deportations, which triggers stagflation in the US including a second inflation spike," the bank said.

Persons: Donald Trump, Chip Somodevilla, Kamala Harris, Ed Yardeni, Yardeni, Trump, Harris, Kumar, it's, Karen Dynan, Trump's, Peterson, Morgan Stanley Organizations: Fiserv, Republican National Convention, Treasury, Trump, Reserve, Bond, Yardeni Research, Sri, Kumar, Peterson Institute for International Economics, Federal Reserve, JPMorgan, Republicans Locations: Milwaukee , Wisconsin, United States

☆ From nuclear to quantum computing, how Big Tech intends to power AI's insatiable thirst for energy
▼ + stars: | 2024-11-04 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +7 min

data center, in Navi Mumbai, India, on Thursday, Mar. Some of the options on the table include a pivot to nuclear, liquid cooling for data centers and quantum computing. A server room at a data center in India. Alongside nuclear energy and liquid cooling technology, some tech players have suggested developments within AI could help to decarbonize data centers. Aerial view of a data center owned by the US multinational and technology company Google in Santiago on October 9, 2024.

Persons: Somya Joshi, Frisio, Dhiraj Singh, Raj Hazra, Peter Herweck, Eric Schmidt, SEI's Joshi, Joshi, Hazra, Rodrigo Arangua Organizations: Yotta Data Services, Bloomberg, Getty, Big Tech, Stockholm Environment Institute, SEI, CNBC, International Energy Agency, Swiss, ABB, Microsoft, Google, Schneider Electric, Motivair Corp, Quantinuum, Afp, Honeywell Locations: Navi Mumbai, India, Mar, Stockholm, U.S, Santiago, South America, Quantinuum

☆ China on track to record lowest number of new marriages since 1980, official data shows
▼ + stars: | 2024-11-04 | by ( Nectar Gan | ) edition.cnn.com time to read: +4 min

Some 4.74 million Chinese couples registered their marriages in the first three quarters of 2024, a decrease of 16.6% from the 5.69 million recorded in the same period last year, according to data released by the Ministry of Civil Affairs on Friday. A rebound in marriages last year after stringent Covid restrictions were lifted appears to be an anomaly largely driven by pent-up demand. Many are postponing marriage and childbirth – and a growing number of young people even choose to eschew them entirely. The stubborn downward trend is also a result of changing attitudes to marriage, especially among young women who are becoming more educated and financially independent. In the first nine months of this year, some 1.96 million couples registered for divorces, a slight decline of 6,000 year-on-year, according to data from the Ministry of Civil Affairs.

Persons: ”, Cai Jingyu, – Organizations: Hong Kong CNN, Ministry of Civil Affairs, Association, China isn’t Locations: Hong Kong, China, Beijing, People’s Republic, India, Shenyang Imperial, Shenyang, Japan, South Korea

☆ Voting systems: How we know the election is secure
▼ + stars: | 2024-11-04 | by ( Zachary Wolf | ) edition.cnn.com time to read: +14 min

Musk has used X to spread unfounded allegations about voting systems, laying groundwork to question the election before it happens. To better understand the security of US voting systems and why there’s no indication that they’re not secure, I talked to CNN’s Zachary Cohen, who covers national security, and Sean Lyngaas, who covers cybersecurity. There are three large election equipment vendors in the US: Dominion; ES&S, or Election Systems and Software; and Hart InterCivic. Dominion Voting Systems ballot-counting machines are lined up at a Torrance County warehouse during testing of election equipment with local candidates and partisan officers in Estancia, New Mexico, on September 29, 2022. COHEN: We know people, these pro-Trump operatives and lawyers, have already gotten access to election software – voting software, voting systems in Georgia, copied the entire election database from several counties.

Persons: Donald Trump, Elon Musk, Trump, ”, CNN’s Zachary Cohen, Sean Lyngaas, Hart InterCivic, Andres Leighton, COHEN, we’ve, Sean, We’ve, there’s, Hart, they’ll, It’s, Elon, Kamala Harris, Doug Logan, Joe, Biden, Stephen Richer, Richer, that’s, hasn’t, they’re, Tina Peters, it’s Organizations: CNN, Dominion, Fox News, Software, Federal, Trump, Idaho National Labs, Department of Energy, Arizona, Team Trump Locations: Pennsylvania, Torrance County, Estancia , New Mexico, County ( Georgia, Coffee, Mesa County , Colorado, Michigan, Georgia, Idaho, Maricopa, Maricopa County , Arizona, Colorado

☆ A resilient economy and strong earnings are overpowering normal election worries
▼ + stars: | 2024-11-04 | by ( Bob Pisani | ) www.cnbc.com time to read: +8 min

.SPX YTD mountain S & P 500, YTD It's because the economy and earnings remain resilient. That is the main reason the S & P 500 is less than 2% from its historic high. Third quarter earnings for the S & P 500 are up 8.4%, well above the 6.0% estimated at the start of October. It's fourth quarter earnings that matter Remember, the most important thing to watch is the trend and whether it is accelerating or decelerating. The S & P 500 is up 50% in those two years.

Persons: There's, Tom Lee, Phil Mackintosh, Mackintosh, John Butters, Scott Chronert, Alec Young, MapSignals.com, Young, We're Organizations: Tech, Nasdaq, Democrat, Republican, Citigroup Locations: backwardation

☆ Inside the litigation election, where lawyers on both sides are duking it out in the courts like never before
▼ + stars: | 2024-11-04 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +9 min

"While Democrats continue to interfere in our election and dismantle election safeguards, we are protecting the vote for all Americans." The Trump campaign declined to comment for this story, referring BI to Zunk's statement. Harris' campaign referred BI to a previous interview with a campaign spokesperson discussing litigation strategy. AdvertisementDemocrats, they say, have already intervened in "dozens of baseless Republican lawsuits to debunk their lies and defeat them in court." Advertisement"The Republican litigation strategy doesn't seem to follow any particular rules, but really is an attempt to throw anything against the wall and see if anything sticks," he said.

Persons: Trump, —, Donald Trump, Kamala Harris, John Hardin Young, Sandler Reiff Lamb, Young, Harris, Claire Zunk, Dana Remus, Joe Biden's, Monica Guardiola, Marc Elias, Patrick T, Fallon, Sophia Lin Lakin, Lakin, graf, Jason Torchinsky, Holtzman Vogel, Torchinsky, Elias, It's Organizations: Republicans, Democrats, Service, Republican, Democratic, Trump, Republican National Committee, RNC, Trump Republicans, Business, White, Democratic National, District of Columbia, Stanford, MIT, American Bar Association, Getty, Appeals, American Civil Liberties Union, The ACLU Locations: Washington, Georgia, Pennsylvania, Michigan, North Carolina

☆ I can get my fill of Spanish architecture, culture, and cuisine without leaving Florida
▼ + stars: | 2024-11-04 | by ( Megan Dubois | ) www.businessinsider.com time to read: +5 min

Instead, I visited St. Augustine, Florida, for a taste of Spain in the United States. I loved seeing beautiful architecture and tasting Spanish cuisine without leaving my home state. Luckily, I live near St. Augustine, Florida — the oldest city in the US. The Spanish influence is visible all over the city's architectureMore showcases of Spanish architecture can be found around the city. The Flordia chain has been around since 1905, and there's a St. Augustine location on St. George Street in the Historic District.

Persons: —, I've, Megan duBois I've, Augustine, I'd, Megan duBois, Ponce de Leon Hall, Leon Hall, Ponce de Leon, George Street, Castillo, San, San Marcos — Organizations: Service, Villa Zorayda, Villa Zorayda Museum, Ponce de, Leon, Ponce, Lightner, Museum, Spanish, Columbia, Historic District, San Marcos Locations: Europe, Augustine , Florida, Spain, United States, Barcelona, St, Jacksonville, Granada, Moroccan, Ponce, Flagler, Ponce de, Spanish, Penedès, San Marcos

☆ James Van Der Beek says there's 'no playbook' on how to share news about colorectal cancer diagnosis
▼ + stars: | 2024-11-04 | by ( Erin Liam | ) www.businessinsider.com time to read: +4 min

James Van Der Beek announced his colorectal cancer diagnosis in a People interview on Sunday. Van Der Beek's announcement comes as more people under 50 are being diagnosed with colorectal cancer. AdvertisementJames Van Der Beek has announced his diagnosis of colorectal cancer. "There's reason for optimism, and I'm feeling good," Van Der Beek, 47, added. AdvertisementThe rise of colorectal cancer in young peopleVan Der Beek's announcement comes as more young people are being diagnosed with colorectal cancer, a 2023 report by the American Cancer Society found.

Persons: James Van Der Beek, Instagram, Van Der, —, Van Der Beek, Michael Shusterman, NYU Langone's, JJ Singleton, Josh Herting Organizations: Service, Business Insider, American Cancer Society, NYU, NYU Langone's Perlmutter Cancer Center

☆ The typical first-time homebuyer in America is older than ever before
▼ + stars: | 2024-11-04 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +4 min

The typical age of a first-time homebuyer in the US has reached an all-time high: 38. First-time buyers make up 24% of all buyers, the lowest level since NAR started tracking in 1981. The changing characteristics of the typical first-time homebuyer in America are proof of the strain. The typical first-time buyer now has a median age of 38 — up from 35 in 2023. The typical first-time homebuyer is richer than ever, too.

Persons: It's, —, — Gen Zers, millennials, haven't, Jorge Argota, Argota, He's Organizations: National Association of Realtors, Service, NAR Locations: America, Miami, Florida

☆ The election is a big test for AI companies
▼ + stars: | 2024-11-04 | by ( Ana Altchek | ) www.businessinsider.com time to read: +7 min

AI companies have been adjusting their election offerings and guidelines ahead of Election Day. Perplexity launched an Election Information Hub with information on candidates, voting logistics, and results. Related VideoThe AI search engine launched a dedicated "Election Information Hub" that uses AI to provide information about the upcoming election and results tracking. While the live election updates may be helpful to users, AI-generated election content poses a number of risks. AdvertisementGoogle , which experienced some highly publicized AI fails with its Gemini AI and AI Overviews, chose to implement constraints on what users can ask its AI products about the election.

Persons: Perplexity, —, Sara Platnick, Platnick, Perplexity Alon Yamin, Yamin, OpenAI, ChatGPT, Anthropic's Claude, Anthropic, Brad Carson, it's, Carson Organizations: Google, Service, Business, Associated Press, Democracy, Reuters, Innovation

☆ 4 portfolio stocks tied to tariff-risk jump — plus, mixed signals about another
▼ + stars: | 2024-11-04 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

We're wondering if the amount of supply hitting the Treasury market is becoming more of a factor. For example, stocks with tariff risk like Club stocks Best Buy , Stanley Black & Decker , Home Depot , and Constellation Brands rallied. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a 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: Jim Cramer, Donald Trump, Stanley Black, Bill Newlands, Tom Jorden, It's, Piper Sandler, Piper, Wynn, Archer Daniels, Jim Cramer's, Jim Organizations: CNBC, ., Stocks, Treasury, Constellation Brands, Constellation, Energy, Wynn Resorts, Astera Labs, Diamondback Energy, Vertex Pharmaceuticals, DuPont, Archer Daniels Midland, Restaurant Brands, Emerson, Jim Cramer's Charitable Locations: Tuesday's, Modelo, Corona, Jorden, Cleveland, China

☆ Booze sales fall back to earth — except for one retailer
▼ + stars: | 2024-11-04 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

That has forced Remy Cointreau, whose stock has fallen 50% for the year, to slash its full-year guidance and expects another year of double-digit declines in sales. The declines are a “normalization” within the industry, with alcohol sales nearing their pre-Covid levels, according to Marten Lodewijks, IWSR’s president for the US division. Cheaper private labels have had a boon in sales, mirroring a larger trend of customers seeking more affordable options in all aspects of their life. Aldi’s lineup is growing double digits in sales, bucking the broader industry trends of declines, Arlin Zajmi, director of national buying for adult beverages, told CNN. Aldi has seen its wine and beer sales soar.

Persons: Remy Cointreau, Pernod Ricard, Jose Cuervo, Proximo, ” Lisa Hawkins, ”, Luca Marotta, Remy Cointreau’s, Jameson, Kahula, Hélène de Tissot, Marten Lodewijks, bottlers, Arlin Zajmi, Scott Olson, it’s, ” Zajmi, ” Bryan Roth Organizations: New, New York CNN, Anheuser, Busch, CNN, Spirits, Consumers, Aldi Locations: New York, United States

☆ Meta's Threads has 275 million users. It sure doesn't feel that way.
▼ + stars: | 2024-11-04 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

Snapchat says it averages 850 million monthly users. Meanwhile, Twitter's current owner, Elon Musk, says his service has 600 million monthly users. Back in April, Meta said Threads had 150 million monthly users. Some of them click on Threads posts they see there, and become Threads users that way. Threads doesn't seem like it's ever going to be that, and Meta doesn't seem very interested in trying to make that.

Persons: —, Mark Zuckerberg, Snapchat, Twitter, Elon Musk, Meta, It's, You'll, Katie Notopoulos, Adam Mosseri's Organizations: Service, Twitter, US Securities and Exchange Commission, Meta Locations: Japan, Taiwan, Instagram

☆ Ukraine is facing serious problems in the east, where Russia's forces are grinding forward
▼ + stars: | 2024-11-04 | by ( Chris Panella | ) www.businessinsider.com time to read: +8 min

Ukraine is facing a grim outlook along sectors of the front, especially in the east. AdvertisementRussia's grinding offensive operations have been gaining momentum in eastern Ukraine as challenges for the defenders mount. Ukraine's shocking invasion of Russia's Kursk region briefly took the focus off the fighting in the Donbas, but now Ukraine is losing ground both inside Russia and at home. Ukraine faces severe manpower shortages as its forces are stretched line across the front lines. Despite heavy losses, Russia has continued its momentum on Ukraine's eastern front.

Persons: Kyiv's, it's, —, Ukrainian Armed Forces Oleksandr Syrskyi, YASUYOSHI CHIBA, Patrick Ryder, Michael Kofman, Jack Watling, Watling, Serhii Mykhalchuk, what's, Kofman, Trump, Mario Tama, Donald Trump, Kamala Harris, Harris, she'd, Ukraine's Organizations: Service, Ukrainian Armed Forces, Getty, Pentagon, Ukraine Russia's, Carnegie Endowment, International Peace, Royal United Services Institute, Foreign Affairs, Russian Defense Ministry Press Service, AP, Ukrainian National Security and Defense Council, Ukrainian Air Force, New York Times, Kyiv, Republicans Locations: Ukraine, Russia, Russia's Kursk, Donetsk, AFP, Kursk, Washington, Kyiv

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