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☆ How the cost of housing is expected to change under Trump or Harris
▼ + stars: | 2024-10-30 | by ( Allie Kelly | John L. Dorman | ) www.businessinsider.com time to read: +7 min

Detailed below is what Harris and Trump have proposed in order to address these worries. Vice President Kamala Harris and former President Donald Trump have both pledged to address high prices by boosting the supply of homes. Related storiesThe Democratic candidate also said she plans to expand the existing low-income housing tax credit, which incentivizes the rehabilitation or building of housing targeted at lower-income households. As president, Trump proposed major cuts to the federal Department of Housing and Urban Development's budget, including slashing housing assistance and community development aid. AdvertisementWhile in office in 2017, Trump proposed a budget for the 2018 fiscal year that would have significantly cut rural housing subsidies.

Persons: Harris, Trump, —, Kamala Harris, Donald Trump, Daryl Fairweather, Redfin, Fairweather, Jessica Lautz, multifamily Organizations: Service, Business, Democratic, Peterson Institute for International Economics, Builders, of Housing, Urban, National Association of Realtors, Democratic Party Locations: America

PHILADELPHIA — Singer John Legend made a homecoming trip to Pennsylvania on Sunday, campaigning alongside Democratic Sen. Bob Casey in a late-stage campaign push. While Legend was born and raised in Springfield, Ohio, he attended the University of Pennsylvania, entering at age 16. NBC NEWS: You’re from Springfield, Ohio. And the positive story is that the reason why we were attracting immigrants to Springfield, Ohio, is a growth story. NBC NEWS: Sen. Casey, really quick, what is it like for you to have a legend like John Legend here?

Persons: PHILADELPHIA —, John Legend, Democratic Sen, Bob Casey, Beyoncé, Usher, Lizzo, Kamala Harris, Casey, Jim Clyburn, Austin Davis, Legend, I’ve, we’ve, Tim Walz, Sen, that’s, who’s, JD Vance, Donald Trump, Dobbs, Roe, Wade, It’s, Mother Bethel, John, Harris, He’ll Organizations: PHILADELPHIA, Democratic, Gov, University of Pennsylvania, NBC, Philadelphia, Republican, Sen, CASEY, Calvary Baptist, Mother, Mother Bethel AME, Republican Party Locations: Pennsylvania, Philadelphia, Springfield , Ohio, It’s, Ohio, Springfield, America

☆ Analysis: How a night of fighting words upended the election
▼ + stars: | 2024-10-28 | by ( Tom Foreman | ) edition.cnn.com time to read: +22 min

“We’ve got to take a look at what I was left when I became president.” Biden rises to the challenge. Former President Donald Trump, left, and President Joe Biden take part in the CNN presidential debate on June 27. “I would say that there was a time period in which it felt like Donald Trump couldn’t lose,” she says. “Donald Trump knows how to turn every moment into victimhood,” pollster Frank Luntz notes on CNN. A crowd waits in the sun for Donald Trump to speak at an event in Butler, Pennsylvania, on July 13.

Persons: Joe Biden, Donald Trump, “, Biden, Trump, Jake Tapper, Dana Bash, “ We’ve, ” Biden, Will Lanzoni, CNN’s Kristen Holmes, ”, He’s, Hunter, They’ve, ” Trump, smirking, Austin Steele, ” Holmes, ” CNN’s John King, Phil Mattingly, Michigan’s Gretchen Whitmer, J.B, Pritzker, Kentucky’s Andy Beshear –, ” Mattingly, gleeful, Ronald Reagan’s, David Chalian, Grover Cleveland, Republican hagiographers, Holmes, Donald Trump couldn’t, slanders, anyone’s, shrugged, “ He’s, nodded, didn’t, pollsters, Team Trump, “ Donald Trump, ” pollster Frank Luntz, ” Donald Trump, Tom Brenner, “ They’re, They’re, Pollsters, Lounging, Hillary Clinton, ” King, ‘, ’, Gene J, Let’s, “ I’m, Mike DiFrischia, CNN’s Erin Burnett, “ Joe Biden – You’re, Donna Hutz, Anna Moneymaker, MAGA, Corey Comperatore, Helen, David Dutch, James Copenhaver, Thomas Matthew Crooks, Crooks, John Miller, Franklin Graham, “ Trump, Kimberly Cheatle, Zach Cohen, Evan Vucci, chokeholds Organizations: CNN, ”, Trump, Biden, Democratic, gleeful Trump, Georgia Tech, GOP, Republican, White House, Republican Party, Capitol, Surveys, Team, New York Times, Team Trump, Pew Research, Electoral College, Republican National Convention, Secret, Marine, Bethel Park Skilled Nursing, Rehabilitation Center, Washington Post, Secret Service Locations: United States, Georgia, Trump, —, California, Michigan’s Gretchen Whitmer , Illinois, New York, Chesapeake , Virginia, Ukraine, Gaza, Mexico, Atlanta, Florida, Nevada , Arizona, Georgia , Wisconsin , Michigan, Pennsylvania, Butler , Pennsylvania, Ohio, USA, American, America

☆ Insider Today: Millennial money mistake
▼ + stars: | 2024-10-27 | by ( Matt Turner | ) www.businessinsider.com time to read: +4 min

Check out tomorrow's edition of Insider Today for the first in a series focused on what a Trump or Harris presidency would mean for your finances. On the agenda today:AdvertisementBut first: A tech CEO puts an end to employees working remotely from Bali. In a memo to staff seen by Business Insider, Markus Villig said all staff would be required to work from the office 12 days a month starting January. Business Insider combed through 1.7 million listings and analyzed thousands of makes and models to understand what drives America. Also read:AdvertisementThe AI Power ListKaran Singh for BIFor the second year running, Business Insider released its list of the most powerful people in artificial intelligence and machine learning.

Persons: —, Ford's, Jim Farley doesn't, Trump, Harris, Jenny Chang, Rodriguez, Markus Villig, We've, Automobiles Pete Ryan, we've, Buckle, Jimmy Simpson, millennials, Karan Singh, Natalie Ammari, It's, Marc Benioff Organizations: Business, Service, Today, Automobiles, BI, Federal, Google, Walgreens, Microsoft Locations: Shanghai, Bali, United States, xAI

☆ Justice Department to defend DEI policy that threatens to derail Boeing deal
▼ + stars: | 2024-10-24 | by ( Evan Perez | Hannah Rabinowitz | ) edition.cnn.com time to read: +4 min

O’Connor set a deadline of Friday for the administration to explain its use of so-called DEI policies in that program. The diversity language used in the Boeing criminal plea deal has been around since at least 2018 – during the Trump administration, according to a person familiar with the policy. Still, it has become a key holdup as O’Connor mulls whether to approve the plea deal. Now, the court battle playing out in Texas will decide whether to allow Boeing to plead guilty as part of a deal with the Justice Department to resolve a criminal investigation stemming from plane crashes that killed 346 people. The issue first arose at an October 11 hearing in Fort Worth, where O’Connor worked through the routine details of the plea deal before taking a sharp detour to ask why the Justice Department included DEI considerations in choosing a monitor.

Persons: Reed O’Connor, Trump, Biden, O’Connor, Sean Tonolli, interjecting, Tonolli, ” O’Connor, George W, Bush Organizations: CNN, The Justice, Boeing Co, Justice Department, Boeing, Department, DOJ, Democratic, Supreme Locations: Texas, Whites, Fort Worth

☆ Fascism and food prices: the issues driving the last 12 days of the election
▼ + stars: | 2024-10-24 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

Audience members watch as Vice President Kamala Harris participates in a CNN Presidential Town Hall in Delaware County, Pennsylvania, on October 23. (Trump was invited but declined to participate in a CNN town hall.) … We don’t even know the people they are talking about,” Thistle told CNN’s John King after the town hall. Her performance at the town hall again showed that she’s not a natural politician. Vice President Kamala Harris speaks to voters after the town hall.

Persons: CNN —, Kamala Harris, Donald Trump, persuadable, Harris, Biden, John Kelly, Adolf Hitler, “, ” Harris, ” Trump, ” It’s, —, Trump, Rebecca Wright, Pam Thistle, trashing, CNN’s John King, that’s, King they’d, Harris —, ’ ” Harris, Anderson, hadn’t, Joe Biden, ”, she’s, Cooper, Bret Baier, he’s, Nikki Haley — Organizations: CNN, Democratic, White House, Trump, Justice Department, CNN Presidential Town Hall, Republican, trashing Trump, ” Thistle, Fox News, South Carolina Gov Locations: Washington, Delaware County , Pennsylvania, Philadelphia, Gaza, United States, American, Trump

☆ Clippers open Intuit Dome with The Wall! and opposing fans are already testing the rules
▼ + stars: | 2024-10-24 | by ( Fred Katz | ) www.nytimes.com time to read: +6 min

His friend, a Clippers fan, had invited him to opening night. is a place by Clippers fans and for Clippers fans. Within moments, he was out, the first fan in Clippers history asked to leave The Wall. on Wednesday, and it wasn’t Chris, Steve, Ashley or any other adult who attended the overtime thriller. “That one,” the guard said, “I had to let go.”(Photo of Clippers owner Steve Ballmer: Ronald Cortes / Getty Images)

Persons: Chris, Steve, Chuck the Condor, Kevin Durant, Corey Maggette, Durant, ”, Yolanda, Ashley, Sharon, ” Sharon, “, —, Kirby Lee, Leonard, Devin Booker, couldn’t, Steve Ballmer, Ronald Cortes Organizations: LA Clippers, Los Angeles, Clippers, Phoenix Suns, NBA, Intuit, Steve Ballmer University, The Clippers, Suns, Intuit Dome, Wednesday’s Suns, Getty Locations: INGLEWOOD, Calif, Phoenix

"We find President Trump's campaign proposals would dramatically worsen Social Security's finances," the CRFB budget group said in a blog post. Social Security trust funds are set to be exhausted by Fiscal Year 2034, according to the Congressional Budget Office. "If you cut income taxes and cut payroll taxes, then you're going to have an impact on Social Security," Freese said. "I don't believe the Trump campaign is looking to undermine Social Security," said Andrew Biggs, senior fellow at the American Enterprise Institute and former principal deputy commissioner of the Social Security Administration. "And likewise, Social Security is so big, any changes to Social Security will affect other things."

Persons: Trump's, Trump, Karoline Leavitt, Leavitt, Kamala Harris, Maria Freese, Freese, Harris, Andrew Biggs, Biggs Organizations: Republican, CNBC, Social Security, Democratic, Social, Congressional, Trump, National Committee, Preserve Social Security, Medicare, American Enterprise Institute, Social Security Administration, Security Locations: Monday's

☆ Cisco strategy manager says combining 5G with established tech can help companies get ahead
▼ + stars: | 2024-10-18 | by ( Erica Sweeney | ) www.businessinsider.com time to read: +5 min

This article is part of "5G and Connectivity Playbook," a series exploring one of our time's most important tech innovations. But to get the most value out of it, organizations should focus on how it interacts with the complementary technologies surrounding it, Dan Crawford, a strategy manager at Cisco, said. BI spoke with Crawford about these challenges, the types of complementary technologies that can help companies boost connectivity, and how they could unlock 5G's full potential. What types of complementary technologies should companies focus on to enhance 5G's capabilities? How does breaking down siloes and focusing on complementary technology benefit businesses?

Persons: —, Dan Crawford, Crawford, We're Organizations: Service, Cisco, 5G

☆ These 5 portfolio stocks outperformed the market's incredible run since our September Monthly Meeting
▼ + stars: | 2024-10-16 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

We did hold onto our rate-sensitive names like Wells Fargo and Morgan Stanley , which were among the best performers since the last Monthly Meeting. Morgan Stanley: 16.2% Following the Fed's decision, shares advanced as investors became more optimistic about a soft landing for the U.S. economy. Morgan Stanley benefits from lower rates — and, in turn, a better economy — because it can usher in more Wall Street dealmaking such as initial public offerings and mergers and acquisitions. That's because the Club has been debating exiting Morgan Stanley altogether for a potentially better investment banking rebound play like Goldman Sachs. Morgan Stanley reiterated its buy-equivalent rating on Oct. 10, arguing that Eaton has a positive setup into earnings season.

Persons: It's, Wells, Morgan Stanley, Morgan, Goldman Sachs, Morgan Stanley's, Salesforce, Marc Benioff, Piper Sandler, Guggenheim, Meta, Eaton, Jim Cramer's, Jim Cramer, Jim, Angela Weiss Organizations: Dow Jones Industrial, Dow, Procter, Gamble, Meta, Fed, Northland Capital Markets, UBS, Citigroup, Analysts, JPMorgan, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, AFP, Getty Locations: U.S, Wells Fargo, Salesforce, Eaton, Tuesday's, Northland

☆ Scream queen Kate Siegel has starred in some of Netflix's biggest horror hits. Now, she's tackling her scariest endeavor yet: directing.
▼ + stars: | 2024-10-16 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +11 min

She often collaborates with her husband, horror auteur Mike Flanagan, who wrote and directed both. Siegel has now moved behind the camera, making her directorial debut in the franchise "V/H/S." ShudderSiegel was already a longtime fan of the "V/H/S" franchise when she was approached to direct a segment for the latest installment, "V/H/S/Beyond," now streaming on Shudder. They didn't take no for an answer, however, and with some extra encouragement from her manager and her husband, Siegel agreed to take the leap. AdvertisementShe credits Josh Goldbloom, the producer responsible for rebooting the "V/H/S" franchise in 2021 after a seven-year hiatus, with changing her mind.

Persons: Kate Siegel, Netflix's, Usher, Mike Flanagan, Siegel, —, She's, Poe, Alanah Pearce, Shudder Siegel, Adam Wingard, Abigail, Josh Goldbloom, she'd, Flanagan, Gareth Cattermole, Trevor Macy, Kate, Denis Villeneuve, Jordan Peele, she's, I've, Stephen King, King, I'm, Shirley Jackson, he's, Charlotte Perkins Gilman Organizations: Service, Netflix, Toronto, Intrepid Pictures, Amazon Studios Locations: Bly

Including Detroit, Trump this year has pointedly attacked the most populous cities in three battleground states crucial to winning the White House: Michigan, Pennsylvania and Wisconsin. Trump’s attacks risk offending swing voters who don’t share his dark view of their big cities, as well as Black voters his campaign is trying to sway in what’s expected to be a close election won on the margins. Thank you, sir, for saying it.’ They want help.”“These cities,” Trump added, “it’s like living in hell.”It’s not only large cities that Trump likes to vilify. A Republican close to Trump’s campaign argued that his attacks on cities aren’t insults but are, rather, a pledge to solve problems that most people who live in those regions recognize. Courting the Black voteMichigan was the site of Trump’s memorable 2016 call for Black voters to support his candidacy.

Persons: Donald Trump, Kamala Harris, Trump, “ You’re, Trump’s, Harris, don’t, ”, Dennis Lennox, Michiganders, Gretchen Whitmer, “, Tim Walz, Brian Hughes, ” Hughes, Brad Todd, Todd, Reagan, ” Todd, “ It’s, ” Andrew Hitt, Hitt, ” Hitt, Nancy Pelosi, ’ Trump, John Lewis, Elijah Cummings, ” Trump, It’s, Aurora —, Mike Coffman, wasn’t, Victoria LaCivita, Trump “, Joe Biden’s, Barack Obama Organizations: Detroit, Democratic, Trump, White House :, Philadelphia, Republican National Convention, GOP, ” Michigan, ”, ” Minnesota Gov, Republican, Wisconsin Republican Party, Conservative, Chicago —, Bloomberg, Fox News, Detroit Pistons, Wings, Tigers, Michigan, Black, Milwaukee, NBC News Locations: Detroit, White House : Michigan, Pennsylvania, Wisconsin, Milwaukee, Philadelphia, Michigan, ” Minnesota, Warren, Harris, “, ”, Macomb County, Afghanistan, New York, Florida, San Francisco, Atlanta, D, Baltimore, Oakland, Springfield , Ohio, Aurora , Colorado, Aurora, Venezuelan, Springfield, Dimondale

☆ Evercore analyst says buy Apple on ability to beat low bar. We see no rush
▼ + stars: | 2024-10-14 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

Apple stock jumped Monday after a Wall Street firm touted the iPhone maker ahead of its quarterly earnings report. Analysts said Apple's stock may be able to advance higher on a late October earnings report that merely matches Wall Street estimates, so investors should be positioned accordingly. However, we do agree with Evercore's optimism on AI iPhone integration, and its ability to usher in an upgrade cycle for Apple's flagship device. But with our "own it, don't trade it" view still intact on Apple stock, it's acceptable for the upgrade cycle to get off to a slower start. "I'm for the elongated [upgrade] cycle," Jim Cramer said on Monday.

Persons: Apple, Apple's, Jim Cramer, Jim Cramer's, Jim, Tim Cook, Victor J Organizations: Apple, Street, Bears, Huawei, Apple Intelligence, CNBC, Apple Inc, Blue, Bloomberg, Getty Locations: China, New York

☆ For God, for country, for rain
▼ + stars: | 2024-10-14 | by ( Jessica Lucas | ) www.businessinsider.com time to read: +24 min

It's 9:30 a.m., and Augustus Doricko, the mulleted 24-year-old founder of the cloud-seeding company Rainmaker, is clutching a coffee. There's a long way to go before cloud seeding becomes a viable option for solving one of humanity's many self-made crises. El Segundo, population 17,272, has long been a bastion of American engineering, home to aerospace and defense giants like Boeing and Raytheon. Jett Lara for BIThe burning happens every Friday around 8 p.m. at a bonfire on El Segundo Beach. One of Doricko's goals is to build a church in El Segundo to "share the grace of God with other people."

Persons: Augustus Doricko, Bruno Mars, Doricko, Jessica, I'd, Jesus, He'd, that's, Rainmaker, Lauren Sánchez, Jett Lara, Billy Ray Cyrus, God, Augustus Doricko Doricko's, Cameron Schiller, Augustus, Schiller, El, That's, it's, El Segundo, Elon Musk, Isaiah Taylor, Doricko's, Taylor, Rob Coutts, —, Jesus of Nazareth, Zer, he'd, Jason Flynt, Flynt, Terra, Michael Gibson, Sarah Tessendorf's, messaged Gibson, Michael, Gibson, Thiel, Peter Thiel, I'm, Katja Friedrich, Friedrich, Friedrich isn't, Jonathan Jennings, Kaitlyn Suski, dumbbells, Jackson Schultz, Elijah, birdsong, Schultz, We're, coffees, Mankind Organizations: MGM, Association, Aspen Ideas, Global Initiative, BI, El, Boeing, Raytheon, Space Industries, Chevrolet, Stamford Yacht Club, New Zealand, University of California, BI Doricko, drillers, Terra Seco, Thiel Foundation, Terra, tech's, Weather Locations: Vegas, Tennessee, El Segundo, Los Angeles, America, Silicon, Santa Clarita, Rainmaker, Beijing, Colorado, California, Smoky, El Segundo Beach, North Carolina, Texas, Stamford , Connecticut, New, Costa, Berkeley, Christianity, Fort Worth , Texas, Terra Seco, drawdowns, Lake Mead, Las Vegas, Phoenix, Juul, Fresno, San Jose, Dubai, UAE, Midwest, West Texas, New Mexico , Arizona , Nevada, Amsterdam, Milan

☆ Retirees can shop for health-care coverage during Medicare open enrollment. It's a great time to review costs, experts say
▼ + stars: | 2024-10-14 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

Changes you can make during open enrollmentDuring Medicare open enrollment, retirees may select new health plans and prescription drug plans. They may switch from original Medicare, which is provided by the federal government, to Medicare Advantage plans that are privately managed. They may also switch from Medicare Advantage to Medicare original or change Medicare Advantage plans. Original Medicare includes Medicare Parts A and B. Medicare Part A covers care provided by hospitals, skilled nursing facilities and hospice, as well as some home health care. Retirees also should be on the lookout for changing Medicare Advantage coverage, Moeller said.

Persons: Tricia Neuman, Ryan Ramsey, Philip Moeller, Moeller, Harris, KFF's Neuman, Neuman Organizations: Getty, Medicare, National Council, Aging, Biden Locations: Connecticut, Maine, Massachusetts, New York

☆ The Contests, Clubs and Big Promises of Trump’s Fund-Raising Emails
▼ + stars: | 2024-10-10 | by ( Karen Yourish | Lazaro Gamio | ) www.nytimes.com time to read: +26 min

It has offered adherents myriad “exclusive” opportunities to join clubs to give counsel to Mr. Trump, and it has repeatedly claimed that Mr. Trump is personally reviewing lists of small donors. The New York Times looked at some 7,400 emails sent by the Trump campaign since Mr. Trump entered the presidential race. Ms. Harris, and before her Mr. Biden, have far outpaced Mr. Trump in fund-raising this cycle, including from small-dollar donors. But both in sheer number (about 75 emails per week, on average, throughout this campaign cycle) and in syntax, the former president’s campaign emails stand out. Similar questions have arisen about contests Mr. Trump’s campaign and political action committee have run in years past.

Persons: Donald J, Trump, Trump Tour “, MAGA, Vance, Melania, Blue, ”, Santa, ” MAGA, Red Trump, MAGA ”, Brandon, “ Trump, “, Biden, Joe, Patrick’s, White, Pink, Red MAGA, Black MAGA, Trump “ I’m, Gray, Kamala Harris, Harris, Mr, Biden’s, ’, Trump’s, missive, BIDEN, you’ll, President Trump, Email, William McGuffin, McGuffin, ” Kyle, Beth Hilfer, ” Email, ” “, Trump “, Trump ”, Harris’s, Biden ”, Joe ”, Let’s, Brandon ”, Brian Hughes, YOU Organizations: New York Times, Trump, Trump Tour, Trump Tour “ Trump Force, Bedminster, Florida, Trump International, Republican National Convention, Miami Grand Prix, Houston Meet Trump, Trump Jr, Trump Meet Trump, Trump Force, Trump American, Trump Patriot, Trump Georgia, Trump Campaign, Trump Defense Task Force, Trump Free, Trump Official Trump, President’s, Melania Trump, Board, Trump Life, Trump Gold Club, Trump Diamond Club, Club, Trump VIP, Trump VP, Blue Trump, Trump Trump, MAGA, Trump MAGA, Santa Trump, Red Trump MAGA, White Trump MAGA, MAGA ” Trump, Beijing Biden, TRUMP, TNN, ” Trump, Black, “ Trump, Trump “, Trump “ Trump, Democratic, Mr, Biden, Data & Society, CLUB, WIN, The Times, Times, Formula One’s Miami, Prix, Federal, Patriots, “ Trump Force, American Express, “, TOP, Stockings Locations: Nashville Trip, Lexington, Ky, Beverly Hills, Costa Mesa, Calif, Dallas, Houston, Hallandale Beach, Fla, Trip, Vegas, London, New Orleans, N.J, Trump, Park City, Utah, Red, Delaware, Las Vegas, New York, America

☆ A black bear and her three cubs entered a elderly man’s Colorado home. He narrowly escaped with his life, officials say
▼ + stars: | 2024-10-07 | by ( Paradise Afshar | Celina | ) edition.cnn.com time to read: +3 min

CNN —An elderly man narrowly escaped with his life after a harrowing attack by a bear and her three cubs in his own home. “It’s certainly lucky we didn’t have a fatality,” Colorado Parks and Wildlife officer Lucas Martin said. Dating back to 1960, there have been 96 reported bear attacks on humans in the state. Experts urge different approaches during bear attacks: If a grizzly or brown bear charges, play dead, the National Park Service said. But if black bears – like the ones who entered the elderly man’s home – charge and attack, the park service warns to “fight with everything you have.”“Do not play dead.”

Persons: “ It’s, Lucas Martin, They’ll, Brandon Diamond, ”, ” Diamond, “, ” Martin, – Organizations: CNN, Colorado Parks, Wildlife, Colorado Parks and Wildlife, Parks, National Park Service, National Library of Medicine Locations: Lake City , Colorado, Colorado, Hinsdale County, Lake City, North America, United States

☆ Brace for stock-market volatility this week if inflation comes in hot after the September jobs report, BofA says
▼ + stars: | 2024-10-07 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

A blockbuster jobs report raises the stakes for upcoming inflation data, BofA analysts say. AdvertisementThe September jobs report was good news, but it gives investors more reason to brace for the next inflation reading, Bank of America analysts say. Economists forecast the CPI report will show inflation continued to cool last month, rising 2.3% year-over-year compared to 2.5% in August. AdvertisementHowever, with the blockbuster September jobs report, some economists say inflation is still a concern. The September jobs report blew past forecasts, with 254,000 nonfarm payrolls added compared to expectations of 150,000.

Persons: —, Brian Rose Organizations: Service, Bank of America, CPI, Fed, UBS

☆ Tunisia heads to the polls with a fading reputation as the Arab Spring’s only success story
▼ + stars: | 2024-10-06 | by ( Associated Press | ) edition.cnn.com time to read: +9 min

Not long ago, Tunisia was hailed as the Arab Spring’s only success story. He advanced to a runoff promising to usher in a “New Tunisia” and hand more power to young people and local governments. Seventeen potential candidates filed paperwork to run and Tunisia’s election authority approved only three: Saied, Zouhair Maghzaoui and Ayachi Zammel. That includes the 83-year-old leader of Tunisia’s most well organized political party Ennahda, which rose to power after the Arab Spring. People stand in line outside a polling station during the presidential election in the capital Tunis, Tunisia, on October 6, 2024.

Persons: Press — Tunisians, Kais Saied, El, Ben Ali —, Zouhair Maghzaoui, Saied, Saied’s, Zouhair, Ayachi, Jihed Abidellaoui, Rached Ghannouchi, party’s, Abir, Ennahda —, Tunisians, Zoubeir Souissi, Yassine Mahjoub, who’ve, Tunisia won’t Organizations: Press, Abid, Authorities, Reuters, Free Destourian Party, World Bank, European Union, Today, International Monetary Fund, Reuters Economic, Tunisia's, Independent Authority, Elections, Getty, Initiative, Saied Locations: TUNIS, Tunisia, Egypt, Libya, Yemen, Tunis, Europe, Saharan Africa, Africa, AFP, ”, Iran, Russia, Saied, Israel

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

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

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

☆ Move aside, AI: None of our top 5 stocks in the third quarter are in tech
▼ + stars: | 2024-09-27 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +8 min

The best-performing Club stocks during the topsy-turvy third quarter are all outside the "Magnificent Seven" and AI-winner complexes. Starbucks: 25.2% New CEO Brian Niccol is the reason why Starbucks' stock is on the list. Best Buy: 18.6% The electronics retailer is another rate-cut winner: More people moving means more purchases of appliances and TVs. In fact, the reasons to own Best Buy are underappreciated by investors, JPMorgan analysts said in a note to clients Friday. Like Stanley Black & Decker and Best Buy, Home Depot is a beneficiary of increased housing sector activity.

Persons: —, Stanley Black, Decker, Brian Niccol, Eli Lilly, Lilly, there's, Jim Cramer's, Jim Cramer, Jim, Donald Allan , Jr, Chris Taylor Organizations: Reserve, Starbucks, Deutsche Bank, GE Healthcare, Novo Nordisk, Abbott Laboratories, Abbott Labs, GE, JPMorgan, CNBC, The New York Stock Exchange, NYSE Global Locations: U.S, China

☆ Athlos: Lucrative prizes won by world’s top athletes at inaugural women-only event
▼ + stars: | 2024-09-27 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —Some of the world’s best track and field athletes competed for lucrative prizes on Thursday, as the inaugural women-only Athlos event got underway in New York. The prize money is twice what athletes currently win at the Diamond League finale, according to Reuters. And I said, ‘Great, I’m going to double it for one single race,’” Ohanian previously told Reuters. Earlier this month, the Diamond League announced it would increase its prize money for the 2025 season. The total prize money per discipline will now be between $30,000 and $50,000 at regular meetings and between $60,000 and $100,000 for the season-finale.

Persons: Alexis Ohanian, Serena Williams, “, ” Ohanian, Gabby Thomas, Brittany Brown, Patrick Smith, ” Brown, Faith Kipyegon, Marileidy Paulino, Ohanian, Athlos, Michael Johnson Organizations: CNN, Diamond League, Reuters, Triple, National Women’s Soccer League, Angel City FC, – Locations: New York

☆ The job market is reaching a turning point that will usher even steeper Fed rate cuts, top economist says
▼ + stars: | 2024-09-27 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

The job market is about to see a big shift that could bring faster Fed rate cuts, David Rosenberg said. That will emphasize the need for faster Fed rate cuts, he said in a note to clients. The ratio of the vacancy rate to the unemployment rate has tumbled in recent months. It's the unemployment rate that's moving up (+0.5 percentage points this year alone), while the vacancy rate has stabilized." "As the labor market eases, we'll see more modest changes in the vacancy rate and larger changes in the unemployment rate.

Persons: David Rosenberg, —, Rosenberg, we've, Powell Organizations: Service, Rosenberg Research, Bureau of Labor Statistics, Fed, Atlanta

☆ How we're thinking about 7 portfolio stocks with ties to OpenAI after its latest shakeup
▼ + stars: | 2024-09-26 | by ( Morgan Chittum | ) www.cnbc.com time to read: +11 min

We're taking a keen interest because several stocks in the Club portfolio have ties to the startup behind ChatGPT. Co-founder Ilya Sutskever, who had been chief scientist, also left earlier this year and launched a new AI startup. Microsoft Microsoft got the first-mover advantage among big tech firms because of its early investment in OpenAI. As of now, we still haven't heard much about Lilly's exact plan to utilize OpenAI's technology. OpenAI CEO Sam Altman speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024.

Persons: OpenAI, Sam Altman's, There's, Mira Murati, she's, Bob McGrew, Barret Zoph, Altman, Ilya Sutskever, it's, here's, ChatGPT, Jim Cramer, Jim, That's, —, OpenAI's, Jensen Huang, Nikesh Arora, Morgan Stanley Morgan Stanley, Morgan, Eli Lilly Eli Lilly, Eli Lilly's, Einstein, Marc Benioff, Jim Cramer's, Sam Altman, Jason Redmond Organizations: Club, Microsoft, Nvidia, Reuters, CNBC, Apple Intelligence, Apple, Bloomberg News, Street, Microsoft Microsoft, Blackwell, Palo, Palo Alto Networks, Employees, OpenAI, Barclays, Jim Cramer's Charitable, AFP, Getty Locations: OpenAI, Redmond, Washington, Palo Alto, Redmond , Washington

☆ Sam Altman is way more interested in AI's next chapter than upheaval at OpenAI
▼ + stars: | 2024-09-26 | by ( Tom Carter | ) www.businessinsider.com time to read: +4 min

Read previewSam Altman might be facing upheaval at OpenAI, but that isn't stopping him from discussing his grand plans for the company's next stage. 'Better everything'"The two trends I'm most excited about for the next couple of decades are abundant intelligence and abundant energy," Altman told the audience. The growth, the increase in quality of life we can have in the world — better sustainability, better education, better healthcare, better everything," he added. AdvertisementIt's not the first time Altman has talked up the glorious future that AI — and by extension, OpenAI — may usher in. AdvertisementAltman has previously called for massive investment in AI infrastructure, warning that making AI technology widespread would require "lots of energy and chips."

Persons: —, Sam Altman, Altman, Mira Murati, Murati, John Elkann, cofounders Ilya Sutskever, John Schulman, Elon Musk, OpenAI, Altman's Organizations: Service, Italian Tech, Business, Google, Elon, Bloomberg, Energy Locations: OpenAI, Italy

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