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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA Fed pause would have consequences for the bond and equity markets: Dynamic Funds' Noah BlacksteinNoah Blackstein, Dynamic Funds senior portfolio manager, joins 'Squawk Box' to discuss the latest market trends, state of the economy, the Fed's inflation fight, impact of AI technology on the markets, and more.
Persons: Noah Blackstein Noah Blackstein Organizations: Dynamic
CNBC's Jim Cramer critiqued the market action Tuesday and advised investors not to trade when stocks react immediately to earnings reports, as some of these moves are not necessarily warranted. He said the action occurred as a part of the "quarterly re-pricing process" of earnings season. While he's against painting with broad strokes when it comes to earnings season, Cramer said he's not suggesting that there aren't important benchmarks and details worth paying attention to. "There are so many people playing with so much money — professionals who pay people fortunes to figure this stuff out — let them fight to set the price," Cramer said. "For regular investors like you, trying to trade that initial post-earnings action is just an easy way to lose money four times a year, like clockwork."
Persons: CNBC's Jim Cramer, Stocks, Cramer, he's Organizations: Dow Jones, Nasdaq Locations: Dutch
CNN —Kamala Harris is responding to Democratic panic about her White House prospects by turning up the heat on Donald Trump. The vice president warned Monday that the ex-president was “unstable,” “unhinged” and out for “unchecked power” as she sent a jolt of urgency though her campaign with 21 days to go. Democratic vice presidential nominee Tim Walz, meanwhile, went even further, suggesting the ex-president’s musings about using the military against domestic foes he branded “the enemy from within” could even amount to treason. An image of former President Donald Trump appears on screen as Vice President Kamala Harris speaks during a campaign rally in Erie, Pennsylvania, on October 14, 2024. Trump sought to make inroads with young men who are often low-propensity voters but who could add to his coalition.
Persons: CNN — Kamala Harris, Donald Trump, , ” Harris, Tim Walz, meanwhile, Harris, Joe Biden, Trump, Spencer Platt, Pennsylvania Harris, it’s, She’s, Kamala Harris, Jacquelyn Martin, , “ Donald Trump, Walz, Staff Mark Milley, Bob Woodward’s, ” Walz, JD Vance, , Barack Obama, Roland Martin, I’ve, won’t, Doug Emhoff, “ It’s, Evelyn Hockstein, Biden, Kristi Noem, authoritatively, Joe Rogan’s Organizations: CNN, , Democratic, Republican, Fox News, White, Biden, Trump, National Guard, Army National Guard, Joint Chiefs, Staff, South Dakota Gov, Black, YouTube, UFC Locations: Pennsylvania, , Arizona, Oaks , Pennsylvania, Erie , Pennsylvania, Erie, Pennsylvania …, Minnesota, Ohio, Minneapolis, Erie County, Trump, Oaks, Philadelphia
Vice President Kamala Harris proposed an initiative to expand healthcare in rural communities. It includes recruiting 10,000 more healthcare workers to rural areas and expanding their student-debt relief options. Trump held the lead over rural voters in 2020, gearing up for a fight this election cycle. According to her campaign, Harris plans to recruit 10,000 healthcare professionals to work in rural and tribal areas. Advertisement"They both understand that rural voters are the foundation of our country, and they want rural voters to know that they have a home in their campaign - that is fundamentally about patriotism, freedom and opportunity," Hildreth said.
Persons: Kamala Harris, Trump, , Harris, it's, Matthew Hildreth, Walz, Hildreth, Donald Trump, — Harris, Tim Walz, Anna Kelly, Kelly Organizations: Service, Public, U.S . Department of Health, Human Services, HHS, Research, General Internal Medicine, Bureau of Labor Statistics, Trump, Republican National Committee Locations: USA
Women's rights activist Lilly Ledbetter has died, according to a family representative. Ledbetter, best known for advocating for equal pay for women, died as a result of respiratory failure on Saturday night. But Democrats in Congress — urged on by a dissenting opinion from Justice Ruth Bader Ginsburg — fought to pass the Lilly Ledbetter Fair Pay Act. The Lilly Ledbetter Fair Pay Act became the first bill Barack Obama signed into law as president in 2009. A film about her life, called "Lilly" and starring Patricia Clarkson as Ledbetter, also premiered recently at the Hamptons International Film Festival.
Persons: Lilly Ledbetter, Ledbetter, , ” Ledbetter, , Ruth Bader Ginsburg —, Lilly, Barack Obama, Michelle Obama, Michelle, Patricia Clarkson Organizations: Goodyear Tire & Rubber Company, Forbes, Supreme, Goodyear, Hamptons, Film Locations: Alabama, Gadsden , Alabama
Three U.S.-based academics won the 2024 Nobel economics prize on Monday for their research into why global inequality persists, especially in countries dogged by corruption and dictatorship. The laureates have demonstrated the importance of societal institutions for achieving this,” said Jakob Svensson, Chair of the Committee for the Prize in Economic Sciences. Last year, Harvard economic historian Claudia Goldin won the prize for her work highlighting the causes of wage and labour market inequality between men and women. In 2019, economists Abhijit Banerjee, Esther Duflo and Michael Kremer won the award for work on fighting poverty. The economics prize has been dominated by U.S. academics since its inception, while U.S.-based researchers also tend to account for a large portion of winners in the scientific fields for which 2024 laureates were announced last week.
Persons: Simon Johnson, James Robinson, Daron Acemoglu, , Jakob Svensson, Alfred Nobel, Acemoglu, ” Acemoglu, Johnson, Robinson, Milton Friedman, John Nash —, Russell Crowe, Ben Bernanke, Claudia Goldin, Abhijit Banerjee, Esther Duflo, Michael Kremer, Victor Ambros, Gary Ruvkun, Japan’s Nihon Organizations: Royal Swedish Academy of Sciences, Economic Sciences, Bank, Sveriges, Massachusetts Institute of Technology, University of Chicago, Technology, Federal, Research, Harvard, U.S Locations: U.S, Hiroshima, Nagasaki
Kamala Harris and Donald Trump are in a closely divided campaign for white women. Trump, Harris and the battle for white womenGetty Images; APWhite women helped Trump win in 2020. Dr. Theresa Wheeling had always been a registered Republican and voted for Donald Trump during the 2020 presidential election. ➡️ Authorities are investigating after a man with guns in his vehicle was arrested after he was stopped at a checkpoint near a campaign rally for Donald Trump. ➡️ Donald Trump is ramping up his rhetoric depicting his political rivals and critics as criminals.
Persons: Kamala Harris, Donald Trump, Harris, Theresa Wheeling, Roe, she’s, , , Read, ➡️ Donald Trump, ➡️, ➡️ Kamala Harris ’, Joe Biden, ➡️ Harris, Trump, Daniel Hagari, Jasmine Cui, NFL Brad Penner, Caleb Williams, Greg Rosenstein, 🩹, , J, mak Organizations: NFL, Trump, Voters, Republican, ” Wheeling, NBC News, GOP, NBC, IDF, Aqsa Martyrs Hospital, Dallas Cowboys, Detroit Lions, Lions, Chicago Bears, Jacksonville Jaguars, ards, Cal, U SC, Wea Locations: Wade, Wheeling, Pennsylvania, North Carolina, Gaza, Al, Aqsa, Deir al, Israel, U.S, 🙌T, 5 s
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's not much consensus for a Fed pause right now, says Roger FergusonFormer Federal Reserve Vice Chairman Roger Ferguson joins 'Squawk Box' to discuss the state of the economy, the Fed's inflation fight, rate path outlook, and more.
Persons: Roger Ferguson Organizations: Roger Ferguson Former Federal
Job seekers sometimes use AI to cheat in interviews, which highlights flaws in the hiring process. It can feel like there are endless ways to dupe a hiring manager in a job interview — especially one that doesn't involve meeting IRL. It all points to a hiring process that can be terrible for job seekers — and for employers. Is using AI during a job interview cheating? Kanny uses reviews from a job candidate's colleagues — past and present — to rate the person's integrity, accountability, respect, humility, confidence, and grit.
Persons: , Lindsey Zuloaga, Greg Yang, he'd, claude, Yang, HireVue's, Zuloaga, Kirthiga Reddy, Reddy, Sean Vassilaros, It's, Octavius A, Newman, didn't, Jennifer Schielke, Schielke, Ravin, Mercer, I'm Organizations: Service, Executives, xAI, Employers, Facebook, BI, Group Solutions Locations: India, South Asia
Elliott Investment Management has requested a special meeting at Southwest Airlines , formalizing the launch of a long-signaled proxy fight for control of the carrier's board. Elliott has also trimmed the size of its board slate from 10 director candidates to eight, after Southwest shrunk its board size from 15 to 12. CNBC reported last month that Elliott was preparing to call a special meeting. David Hess, who joined Southwest's board in 2021, was also on the board of Arconic in the midst of its proxy fight with Elliott. Elliott has never before called for a special meeting, which at Southwest carries a higher threshold of approval compared with voting at a regularly scheduled shareholder meeting.
Persons: Elliott, Bob Jordan, Gary Kelly, David Hess, Elliott . Hess, Jordan, Southwest's, John Pike, Bobby Xu, — CNBC's Leslie Josephs Organizations: Hartsfield, Jackson Atlanta International, Elliott Investment Management, Southwest Airlines, Southwest, CNBC, Alcoa, Artisan Partners, Salesforce, Starbucks Locations: Atlanta , Georgia
CNN —The New York Liberty bounced back from a stunning loss in Game 1 of the WNBA Finals, holding off a late rally by the Minnesota Lynx to win, 80-66, and even the series 1-1 on Sunday. The Liberty led by as much as 17, before entering halftime with a 49-39 advantage. Minnesota Lynx guard Courtney Williams shoots over New York Liberty star Sabrina Ionescu in Game 2 of the WNBA Finals. Lynx star Courtney Williams’ four-point play with 5.5 seconds left gave the Lynx their first lead in a game in which they trailed by as much as 18 points. As the clock expired in Game 1, Stewart was fouled under the basket, awarding the Liberty two free throws.
Persons: Breanna Stewart’s, Betnijah Laney, Hamilton, Sabrina Ionescu, Natisha Hiedeman, Alanna Smith, Stewart, Courtney Williams, Napheesa Collier, Pamela Smith, ” Stewart, “ We’re, Courtney Williams ’, Collier, Williams Organizations: CNN, The New York Liberty, WNBA, Minnesota Lynx, Liberty, Sunday, Lynx, Barclays Center . Minnesota Lynx, New York Liberty, ABC, Target Center Locations: York, , New York, Minneapolis
China’s military exercises around Taiwan, a democracy of 23 million people, have become increasingly frequent in recent years and have tended to coincide with events that have angered Beijing. In August 2022, China launched a week of military drills following a visit to the island by then-US House Speaker Nancy Pelosi. Ahead of the drills, the Eastern Theater Command released a propaganda video entitled “prepared for battle” on its social media accounts. The PLA did not say whether the drills involved live fire exercises, and, as of now, China has not launched any missiles. A total of seven Chinese warships plus additional Coast Guard vessels were detected near the Taiwan Strait, according to the ministry.
Persons: , Nancy Pelosi, Lai Ching, , Lai, ” Lai, Communist Party’s, China’s, Xi, Matthew Miller Organizations: Taipei CNN, Eastern, Command, US, Taiwan, Eastern Theater Command, Taiwan’s Defense Ministry, Communist, Communist Party, People’s Liberation Army, PLA, Eastern Command, Guard, United Locations: Hong Kong, Taipei, Taiwan, Beijing, China, Liaoning, Philippines, Communist China, People’s Republic of China, Matsu, Taiwan Strait, United States
Visiting the Trumpiest county in a swing state
  + stars: | 2024-10-14 | by ( Elle Reeve | Samantha | ) edition.cnn.com   time to read: +9 min
Money is still tight for many in Brantley County in southeast Georgia, but its people no longer look to Democrats to help. CNNConnecting with TrumpBrantley County is rural, about an hour from the Atlantic coast, with the Okefenokee Swamp to the west. Ronald Ham, chairman of the Brantley County Republican Party, said local voters connect with Trump. People have to drive outside the county for work, which means gas prices matter a lot. “They can vote any way they want to vote,” Wilson said of his companions.
Persons: Sherri Rowell, , Donald Trump, Rowell, Talan Tanner, Tanner, ” Rowell, , don’t, Michael Tanner, Talan, , You’ve, ’ ” Tanner, ‘ Dad, , He’s, Trump Brantley, ” Ronald Ham, Ronald Ham, ” Ham, “ They’ve, Joe Biden, “ Trump, , Trump’s, “ It’s, we’re, Kamala Harris, It’s, Harris, Ham, David Herrin, ” Herrin, Button Lee, Herrin, it’s, ” Bill Middleton, Biden, there’s, ” Middleton, we’ve, ” Donald Lewis, Corbet Wilson, Donald Lewis, ” Wilson, Lewis, ” Lewis, Wilson, Trump, Ronald Reagan, George W, Bush, Mitt Romney Organizations: Georgia CNN, Trump, CNN, Brantley County GOP, Republican Party, Trump . CNN, Walt Disney World, Biden, Gold, Teamsters, Teamsters ’, Republican, Capitol Locations: Nahunta, Georgia, Brantley County, It’s, Ham, Brantley, Washington
CNN —North Korea is sending its citizens to help Russia’s military fight Ukraine, Volodymyr Zelensky has said, increasing concerns about the alliance between Moscow and the secretive state. In his daily video message on Sunday, the Ukrainian president said: “We see an increasing alliance between Russia and regimes like North Korea. It is actually about transferring people from North Korea to the occupying military forces.”Zelensky’s allegation comes amid an increasingly friendly relationship between Moscow and Pyongyang. Russian President Vladimir Putin visited North Korea in June – the first visit of its kind for more than two decades – and Western observers have wondered how heavily North Korea has assisted Russia’s invasion of Ukraine. “We believe that the possibility of further deployment of regular troops is very high, as Russia and North Korea have entered a mutual agreement that is almost equivalent to a military alliance.
Persons: Volodymyr Zelensky, , Vladimir Putin, , ” Zelensky, Dmitry Peskov, Kim Yong, hyun, , Putin, Kim Jong Un Organizations: CNN, North, National Intelligence Service, Defence, Korean Locations: North Korea, Ukraine, Moscow, Russia, Pyongyang, Russian, Kyiv, Koreans
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
Investors need to be wary as sticky inflation remains a risk, Deutsche Bank says. But it's not yet time for investors to relax, Deutsche Bank wrote on Monday. "If inflation does return, this could have very important implications for markets," Deutsche Bank strategists said. While that much is true, history shows that easing cycles are precisely the time to be cautious over inflation, Deutsche said. The firm cited the fact that in August, US M2 money supply rose 2.0% year-over-year, the highest growth rate since September 2022.
Persons: , Brent, Deutsche Organizations: Deutsche Bank, Service, Federal Reserve, Deutsche, Atlanta Locations: China, Israel, Iran, Iranian
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI've underestimated how strong this market's been, says Fundstrat's Tom LeeTom Lee, Fundstrat Global Advisors managing partner and head of research, joins 'Squawk Box' to discuss the latest market trends, state of the economy, the Fed's inflation fight, impact of the 2024 election, market outlook, and more.
Persons: Tom Lee Tom Lee Organizations: Fundstrat Global Advisors
My daughter says she wishes she had a more feminine name, but I hope she learns to love it. In the 1940s, there was a television actor named Kyle MacDonnell. AdvertisementI hope one day my daughter loves her name as much as I doWhile a part of me understands why my daughter takes issue with her name, I hope one day she learns to appreciate how different it is. According to The Bump, Kyle was ranked 4,600 for girl names in 2023. "They are also feminine, and no one mistakes them for boys," my daughter has told me on more than one occasion."
Persons: , we'd, Kyle, Brooks, Kyle Richards, I've, Kyle MacDonnell, Ruth, James, Ryan, Craig, Cullen, Kylie, Niamh, she'll Organizations: Service
The Golani Brigade is regarded as an elite Israeli infantry unit and has been deployed to southern Lebanon as part of Israel’s ground operation there. Sunday’s assault is also the single bloodiest attack on IDF troops inside Israel since the beginning of the war last October. Amitai Alon, who was killed in the drone attack on Sunday. But the drone sent by Hezbollah at the weekend managed to slip through without triggering Israel’s alert systems. In June, Hezbollah released a nine-minute video filmed by a drone showing civilian and military locations in and around one of Israel’s largest cities, Haifa.
Persons: Daniel Sobelman, , Hezbollah’s, Hassan Nasrallah, Amitai Alon, Gonzalo Fuentes, Mizrahi, , Herzi Halevi, Israel, Sobelman Organizations: Jerusalem CNN, Golani, Golani Brigade, Israel Defense Forces, Hebrew University of Jerusalem, CNN, Reuters, IDF, Israeli Institute for National Security Studies, Residents, Sunday, Anadolu, Getty, United Nations, Center for Strategic, International Studies, CSIS Locations: Jerusalem, Israel, Iran, Lebanon, Israeli, Tel Aviv, Haifa, Yemen, Herzliya, Nahariya, Acre, Gaza
Fresh signs of deflation in China are stoking demand for national stimulus to revive the economy. China's headwinds include a burst property bubble, high youth unemployment, and threats to exports. AdvertisementChinese officials are under mounting pressure to stimulate the economy after official price data released Sunday stoked fresh deflation fears. That was below the consensus estimate of 0.6%, which would have matched the rate of price growth in August. But both agree that China needs stimulus to overcome the deepening property crisis and fight deflation."
Persons: , Goldman Sachs, Xi Jinping, Ipek Organizations: Service, Big Tech, Bloomberg, Swissquote Bank Locations: China
For Love & Money is a column from Business Insider answering your relationship and money questions. This week, a reader won't be able to afford to visit their friend when she moves. Write to For Love & Money using this Google form. I imagined us living as roomies in the retirement home someday," keep your love for your friend front and center. Write to For Love & Money using this Google form .
Persons: , I'm, We're, aghast, Marco Polo, We're millennials, doesn't Organizations: Business, Service Locations: California
In Friday's look at wholesale inflation, the producer price index was unchanged month over month . We'll hear from Club holdings Morgan Stanley and Abbott Laboratories on Wednesday morning. Morgan Stanley: The ongoing recovery in investment banking will be front and center. That was a key theme in the second quarter , and the hope is that the July-to-September period showed a continuation of the trend for Morgan Stanley. Morgan Stanley has been strong lately, though.
Persons: Jim Cramer, Jim, Gamble, — Wells, industrials, Goldman Sachs, ASML, Morgan Stanley, Morgan Stanley's, Louis, Abbott, Charles Schwab, Johnson, JB Hunt, Kinder Morgan, Huntington, Jim Cramer's, Charly Triballeau Organizations: Club, Dow Jones, Nasdaq, Procter, Federal, JPMorgan, , Tech, . Utilities, UnitedHealth, Taiwan Semiconductor Manufacturing, Abbott Laboratories, Abbott Labs, NEC, Abbott, Food and Drug Administration, Walgreens Boots Alliance, Citigroup, Bank of America, United Airlines, Interactive, US Bancorp, Citizens, Alcoa, PPG Industries, CSX, Truist, Netflix, Crown Holdings, American Express, Gamble, CNBC, New York Stock Exchange, Financial, Afp, Getty Locations: Wells, U.S, Wells Fargo, St, Taiwan, New York City
CNN —Lilly Ledbetter, whose gender pay equity legal fight was the inspiration for the Fair Pay Act of 2009, has died at age 86, according to the team making a film about her life. In the 1990s, after 19 years of working for Goodyear, Ledbetter learned she had been making thousands of dollars less each month that other – male – managers. When Barack Obama became president the first bill he signed into law was the Lilly Ledbetter Fair Pay Act. “My heart is with Lilly Ledbetter and her loved ones as they mourn her passing,” he said. “Lilly Ledbetter fought tirelessly for equal pay for men and women.
Persons: CNN — Lilly Ledbetter, Ledbetter, AL.com, Goodyear, Barack Obama, Lilly, , “ I’ll, ” Obama, “ Lilly, “ Michelle, Chuck Schumer, Lilly Ledbetter, , , “ Lilly Ledbetter, Marc Benioff, ” Benioff, hasn’t, Chuy Garcia, Lilly’s, ” Garcia, Deborah Vagins, CNN’s Vanessa Yurkevich, Jeanne Sahadi Organizations: CNN, Goodyear, AFL, American Federation of Labor, Industrial, Congress, White, National Committee, Pay Equity Locations: backpay
I'm now a mom of six kids, and I find it so easy to have a big family. I love having a massive family, especially having grown up with just one sibling. My kids love each otherOur kids, aged 18, 11, 6, 4, almost 2, and 4 months old, are each other's built-in best friends. Having a big family doesn't just mean more work; it also means more people to share in life's adventures. Ultimately, our house is filled with laughter, "I love yous," and yes, a bit of chaos.
Persons: I'm, , I've, she'd, you've, you'll, you'd Organizations: Service
Can a tenured professor be fired for making porn? "We don't want to be known as Porn U," said Betsy Morgan, who replaced Gow as interim chancellor. Leitner presented Gow's videos as part of his broader advocacy of nonmonogamy. The regents, Gow said, "are willing to fire me for the short-term goodwill they get with the far right." He puts Gow's online porn in the same category as "posting inflammatory personal, political opinions on social media."
Persons: Joe Gow, Carmen Wilson, , Gow, Wilson, It's, Zach Greenberg, Betsy Morgan, Morgan, Tom Ginsburg, He's, Gow's, Wade Harrison, Roe, Donald Downs, Simone Lueck, undergrads, Harrison, Jay Hart —, Tom, Jerry Bui, Bui, unswayed, Mark Leitner, Leitner, Banner, Keith Whittington Harrison, Dr, Aweek, he's, Keith Whittington, they've, McCarthy Organizations: University of Wisconsin, UW, La, Foundation, Rights, Forum, Free, University of Chicago, Diego, Republican, Academia, Yale, Freedom Alliance, University Locations: La Crosse, Mississippi, America, Wisconsin, Onalaska, San Diego, foreplay, Madison, Milwaukee, Yale
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