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☆ I quit my 6-figure job to be a stay-at-home dad. After leaving California, we could afford to be a single-income family.
▼ + stars: | 2024-11-05 | by ( Alexandra Frost | ) www.businessinsider.com time to read: +7 min

The couple's move from California to Maine meant they could afford living off one income. AdvertisementThis as-told-to essay is based on a conversation with Michael Johnston, 41, a stay-at-home dad who lives in Old Orchard Beach, Maine. After maternity leave, my wife was excited to see her coworkers and jump back into her job. When others find out I'm a stay-at-home dad, they always ask: "When are you going back to work?" We are trained to graduate, get a good job, work that job forever, then retire at 65.

Persons: Michael Johnston, —, Maddie, Lincoln, Johnston, Michael Johnston Crunching, we'd, We'd, I'd Organizations: Service, Boston University, KLA Corporation Locations: California, Maine, Old Orchard Beach , Maine, China, Taiwan, South Korea

☆ View of the Markets Post-Election From a Top-Rated Financial Advisor
▼ + stars: | 2024-11-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailView of the Markets Post-Election From a Top-Rated Financial AdvisorEric Mancini of Traphagen CPAs & Wealth Advisors, which is ranked #9 on the 2024 CNBC FA 100 List, discusses how the firm is telling clients to position themselves around potential election-related volatility.

Persons: Eric Mancini, Traphagen Organizations: Wealth Advisors, CNBC

☆ The U.S. election is a make-or-break moment for aid to Ukraine
▼ + stars: | 2024-11-05 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +10 min

Kevin Lamarque | ReutersTensions are likely running high in Kyiv ahead of Tuesday's presidential election in the U.S. — a vote that could make or break ongoing aid for Ukraine. Officials in Kyiv say the election is being watched closely, amid concerns that future aid could be cut. In the week before the presidential election, Western officials were reported as saying that a Harris administration would likely struggle to push significant aid for Ukraine through Congress. A win by Donald Trump could see him placing a phone call to Russian President Vladimir Putin as early as 6 November. Then President Donald Trump and Russian President Vladimir Putin at a joint press conference after their summit on July 16, 2018, in Helsinki, Finland.

Persons: Volodymyr Zelenskiy, Kamala Harris, Kevin Lamarque, —, Donald Trump, Joe Biden, It's, Trump, it's, Yuriy Sak, J.D, Vance, JD Vance, Carlos Osorio, Putin, Harris, Timothy Ash, Reuters Ash, Ash, Tim Willasey, Vladimir Putin, Chris McGrath Organizations: U.S, White, Reuters, NBC News, Republican, Democrats, NATO, Russia, Ukrainian, CNBC, Anadolu, Getty, Kiel Institute of, European Investment Bank, European Commission, Republicans, Kyiv, Reuters Trump, Berenberg Bank, Berenberg, Washington, Congress, Trump, Ukraine, BlueBay Asset Management, Democratic, Royal United Services Institute Locations: Washington , U.S, Kyiv, U.S, Ukraine, United States of America, United States, America, Russia, Toretsk, Donetsk, Donbas, Moscow, St, Cloud , Minnesota, Europe, Belgian, Helsinki, Finland

☆ The trader guide to the election: Which stocks Wall Street expects to benefit under Trump or Harris
▼ + stars: | 2024-11-05 | by ( Fred Imbert | ) www.cnbc.com time to read: +10 min

Generally, a Trump win is seen as positive for financials given a higher likelihood of deregulation for companies in the space. Traditional oil and gas names are also likely to benefit under a second Trump presidency. One is made up of stocks that benefit after a Harris win; the other would outperform under a second Trump presidency. However, a Harris win is expected to keep current regulation measures in place, and possibly introduce new ones. Private equity giants KKR and Blackstone would also benefit under a Trump win.

Persons: Kamala Harris, Donald Trump, Paul Gallant, Cowen, Gallant, Harris, Goldman Sachs, Daniel Clifton, Strategas, Andrew Garthwaite, Trump, Garthwaite, TAN, we've, Biden, Wells, Ike Boruchow, Boruchow, —, Russell, Joe Biden, Morgan Stanley, Crypto, isn't, Nic Puckrin, bitcoin, Marcelli, Financials, Wolfe, Chris Senyek, Lazard Organizations: Congress, U.S ., Trump, U.S . Trump, GOP, Democratic, CNBC Pro, Wall, Strategas, Enterprise, of America, Ford, UBS, Apple, Enphase Energy, Technologies Enphase, Exxon Mobil, Chevron, Trump Media & Technology, Trump Media, Cadence Bank, Viking Therapeutics, Bureau, CNBC, Wolfe Research, Lazard, Private, KKR, Blackstone, Evercore Locations: Washington, of America Cleveland, Cleveland, China

☆ A Controversial Vacation Homes Tax Is Dividing Lake Tahoe
▼ + stars: | 2024-11-05 | by ( Amanda Yen | ) www.businessinsider.com time to read: +12 min

My grandparents' vacation cabin in Lake Tahoe is the stuff of legend. My grandparents' little house in South Lake Tahoe, which they bought for $113,000 in 1984, quickly became a haven for my family. Framers of the Tahoe tax measure took inspiration from Berkeley, California, which adopted a vacancy tax this year. Since the city of South Lake Tahoe was incorporated in 1965, it's been populated by a healthy mix of year-round and seasonal residents. As of October 2024, the median sales price for homes in South Lake Tahoe was $750,000, according to Realtor.com.

Persons: George Rose, it's, Amelia Richmond, —, Steve Teshara, Teshara, Frederic Lewis, Sherri Maslyar, Jeff Cowen, we'd, Amanda Yen, I'd Organizations: of Commerce, South Tahoe Association of Realtors, BI, Colorado and, Survey, Tahoe Chamber of Commerce, Realtors ' Association, Business, Tahoe, Planning Association Locations: Tahoe, South Lake, Berkeley , California, Oahu, Colorado, Aspen, Vail, Breckenridge, Bay, Colorado and Utah, Park City , Utah, Richmond, Emerald

However, a debt consolidation loan isn't a one-size-fits-all solution, says CFP Uziel Gomez. While I try to avoid carrying high-interest debt and aim to pay my credit card balance in full each month, as a financial coach, people often come to me feeling overwhelmed and wanting help with looming credit card debt. Sometimes, a debt consolidation loan can help, but it's not always the answer. If someone isn't ready for debt consolidation, Gomez recommends whittling away at your credit card payments using either the snowball or avalanche debt payoff method. You haven't established good habitsIf you haven't established good habits to keep your credit card spending to a minimum, it's probably best not to consider a credit card debt consolidation loan or balance transfer card.

Persons: Millennials, Xers, Uziel Gomez, —, it's, that's, Gomez, there's, whittling, he's, haven't, let's Organizations: Service, New York Federal Reserve, Primeros Locations: LA

See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's interest rates will affect your monthly payments. Current 30-Year Mortgage RatesAverage 30-year mortgage rates are hovering in the mid-6% range, according to Zillow data. Current 15-Year Mortgage RatesAverage 15-year mortgage rates are in the high 5% range, according to Zillow data. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile.

Persons: Trump, Harris, Donald Trump, Trump's, Kamala Harris, you'll, they've, Freddie Mac, it's, We'll Organizations: Investors, Trump, Federal, Fed, Zillow Locations: Chevron

☆ Bernard Marcus, cofounder of The Home Depot and billionaire Republican megadonor, has died
▼ + stars: | 2024-11-05 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Bernard “Bernie” Marcus, the billionaire Home Depot cofounder and a Republican megadonor, who in recent years became an outspoken supporter of former President Donald Trump, has died, the company announced Tuesday. “The entire Home Depot family is deeply saddened by the death of our cofounder Bernie Marcus,” The Home Depot said in a statement. The Home Depot got its start in Atlanta, a city where Marcus was a well-known philanthropist with his wife Billi. Some Trump opponents attempted to launch a boycott of The Home Depot in 2016 and in 2019 because of Marcus’ support of the Republican nominee for president. I don’t want to work — I’m too lazy, I’m too fat, I’m too stupid.’”“We used to have free speech here.

Persons: New York CNN — Bernard “ Bernie ” Marcus, Republican megadonor, Donald Trump, Bernie Marcus, ”, “, Bernie, ” Marcus, Arthur Blank, Marcus, Blank, Handy, Billi, “ He’s, John McCain, Ron DeSantis, Marcus ’, — Organizations: New, New York CNN, Republican, Rutgers University, Depot, Marcus Autism, Emory University, Georgia Aquarium, Trump, Fox News, Fox Business, The, Financial Times Locations: New York, Newark , New Jersey, California, Atlanta, Georgia, Florida, America

☆ The financial ties between China and Saudi Arabia keep getting deeper
▼ + stars: | 2024-11-05 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

China has chosen Saudi Arabia as the site for its next offering of US dollar bonds. Saudi Arabia is leaning on Chinese investment to bankroll large development projects. Saudi Arabia has embraced Chinese investment to help bankroll its juggernaut modernization plans. At the end of October, Saudi Arabia debuted two new exchange traded funds to track markets in Hong Kong and China. Earlier this year, the US offered Saudi Arabia tech and security deals on the condition that Riyadh rejects its new tech alliance with China.

Persons: It's, — Organizations: Service, Ministry, Finance, Saudi Public Investment Fund, Financial Times, Tech, US Locations: China, Saudi Arabia, Riyadh, Beijing, Russia, Neom, Hong Kong, Saudi

☆ Bolster your portfolio for any Election Day outcome
▼ + stars: | 2024-11-05 | by ( Michelle Fox | ) www.cnbc.com time to read: +7 min

With Election Day underway, income investors should soon find out how their portfolio may — or may not — be affected by the outcome. Harris has said she wants to boost the corporate tax rate to 28% and increase the top rate for long-term capital gains to 28% for those making more than $1 million. That means that those who are buying AMT bonds but not paying AMT are getting free income, he said. Lastly, a higher corporate tax rate could also spur banks and insurance companies to return to the muni market. The companies owned a lot of municipal bonds when the tax rate was 35% and many bought more corporate bonds when the tax rate fell to 21%, Brandon said.

Persons: Colleen Cunniffe, Donald Trump, Kamala Harris, Collin Martin, Martin, Trump, Harris, Dan Close, Craig Brandon, Brandon, Andrzej Skiba, Skiba, Schwab's Martin, Cunniffe, Cunniff, Darla Mercado Organizations: Vanguard, Wells Fargo Institute, Schwab Center, Financial Research, US, Treasury, —, munis, Morgan Stanley Investment Management, Investors, Trump, RBC Global, Management, Federal Reserve Locations: China, Nuveen, U.S

☆ OpenAI is making moves toward becoming a for-profit company
▼ + stars: | 2024-11-05 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

OpenAI is one step closer to becoming a for-profit company. A for-profit structure would be much more conventional for the investors OpenAI is courting. Reports of the California attorney general's involvement in the process indicate the company is one step closer to formalizing the unprecedented shift, which would require the attorney general's approval. Neither OpenAI nor the California attorney general's office immediately responded to Business Insider's request for comment. A for-profit structure would be much more conventional for the big-name investors OpenAI is increasingly courting, including Microsoft and Nvidia.

Persons: —, Sam Altman, general's, OpenAI, Rob Bonta, Bret Taylor Organizations: Bloomberg, Service, Microsoft, Nvidia Locations: California, Delaware

☆ US stocks rally as investors brace for presidential election outcome
▼ + stars: | 2024-11-05 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +2 min

New York CNN —US stocks rallied Tuesday as Wall Street awaited the results of a closely contested presidential race. “While it’s still anyone’s call on where the chips will fall on the election, putting it behind in either direction is a relief.”Historically, stocks have often risen on Election Day. This marks the sixth-straight Election Day gain for the S&P 500 and Nasdaq. “With Election Day finally here, expect more market volatility, particularly if the wait for a result is long or contested. Just two days after Election Day, the Federal Reserve will announce its latest interest rate decision, the first since cutting rates by half a point.

Persons: Dow, ”, Louis Navellier, Kamala Harris, Donald Trump, Joe Biden, George W, Bush, Al Gore, Adam Turnquist, Gore, ” Turnquist Organizations: New, New York CNN, Nasdaq, Navellier, Associates, LPL, Federal Reserve Locations: New York

☆ The most accurate forecasts of 2024: Seeking nominations for Business Insider's Oracles of Wall Street list
▼ + stars: | 2024-11-05 | by ( William Edwards | ) www.businessinsider.com time to read: +2 min

Business Insider is seeking nominations for its 2024 Oracles of Wall Street list. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! Did you or someone you know on Wall Street predict these and other significant developments in 2024? Business Insider is seeking nominations for its 2024 Oracles of Wall Street list, which highlights the top forecasters among economists, strategists, and analysts this year.

Persons: —, Donald Trump, William Edwards Organizations: Service, Federal Reserve, Nvidia Locations: wedwards

☆ Goldman's election scenario probabilities and how the S&P 500 will react
▼ + stars: | 2024-11-05 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

Goldman Sachs has modeled out some election outcomes, along with how the S & P 500 will react, ahead of the results. Trump wins and Republicans sweep A 25% likelihood, with the S & P 500 set to rise 3%. Trump wins, but the government is divided A 30% likelihood, with the S & P 500 set to gain 1.5%. This scenario will still be positive for markets, with the S & P 500 set to gain 1.5% afterward, the note read. However, investors could step in and buy the dip on the S & P 500, the firm said.

Persons: Goldman Sachs, Donald Trump, Kamala Harris, Trump, Harris Organizations: U.S, Republicans, Trump, Republican, Nasdaq, Democratic Locations: Wednesday's, cyclicals

☆ I use credit-card points to book almost all of my travel — but there are 5 things I'd never do
▼ + stars: | 2024-11-05 | by ( Jill Robbins | ) www.businessinsider.com time to read: +4 min

I use credit-card points to book almost all my travel, but I try not to carry a balance on my cards. AdvertisementI am a frequent traveler — on average, I fly at least once a month — and I put most of my expenses on my Delta co-branded airline credit card. As someone who books most of my travel with points and miles, here are things I'd never do. Caroline Purser/Getty ImagesIn my experience, it's rarely a good value to use my airline miles and credit-card points on hotel stays or vacation packages. It's my oldest credit card, and the interest rate is reasonable, so keeping it is good for my credit score for now.

Persons: —, I've, Caroline Purser, I'm, that's Organizations: Service, Southwest Airlines Locations: San Antonio, Fort Lauderdale

☆ What top financial advisors are telling investors about the market impact of the U.S. presidential election
▼ + stars: | 2024-11-05 | by ( Lorie Konish | ) www.cnbc.com time to read: +3 min

Early in-person voting for the 2024 US presidential election began in Virginia, South Dakota and Minnesota. - | Afp | Getty ImagesMany investors worry their investments may be affected by the outcome of the U.S. presidential election. Forward four-year returns were positive for Democrats in 11 out of 12 terms, compared to Republicans who had positive returns in nine out of 12. watch nowHowever, the presidential contest could usher in short-term volatility, particularly if a winner is not declared right away. Yet even with deregulation, record production and higher oil prices, the energy sector was down 8.4% during Trump's presidential term, according to Adam's research.

Persons: Mark Motley, Jimmy Carter, George W . Bush, Motley, Joseph Veranth, Veranth, Larry Adam, Raymond James . Long, Adam, Donald Trump Organizations: Bozeman Government, Afp, Getty, U.S, Morningstar, Democrats, Foster & Motley, Dana Investment, CNBC, — Locations: Arlington , Virginia, Virginia , South Dakota, Minnesota, Cincinnati, Waukesha , Wisconsin, U.S

☆ U.S. dollar is little changed Tuesday night as presidential election winds down
▼ + stars: | 2024-11-05 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

The U.S. dollar was little changed against other global currencies on Tuesday evening as voting began to wind down in the presidential election. The foreign exchange market could be one of the first areas of the financial system to react as election results roll in. Traders generally expect that a strong night for former President Donald Trump and Republicans in Congress could push the greenback higher. The dollar has generally strengthened in the runup to Election Day. The ICE U.S. Dollar Index rose more than 3% in October, though it has dipped in recent days.

Persons: David Zervos, Donald Trump, Paul Christopher Organizations: U.S, greenback, U.S ., Jefferies, Traders, Republicans, Wells, Investment Institute, ICE Locations: Mexican, U.S

Capital One Quicksilver Student Cash Rewards Credit Card OverviewCapital One Quicksilver Student Cash Rewards Credit Card Apply now lock icon An icon in the shape of lock. Capital One Savor Student Cash Rewards Card ReviewCapital One Quicksilver Student Card vs. the Bank of America® Unlimited Cash Rewards Credit Card for StudentsThe Bank of America® Unlimited Cash Rewards Credit Card for Students is another strong option, offering a flat 1.5% cash back on all purchases, similar to the Capital One Quicksilver Student card. Bank of America Unlimited Cash Rewards Card for Students ReviewCapital One Quicksilver Student Card Frequently Asked QuestionsWhat is the difference between Quicksilver Rewards and Quicksilver Rewards for Student? The difference between the Quicksilver Rewards Card and the Quicksilver Rewards Card for Students is that the former offers more perks. Why You Should Trust Us: How We Reviewed the Capital One Quicksilver Student Cash Rewards Credit CardOur experts evaluated the Capital One Quicksilver Student Cash Rewards Credit Card relative to other student credit cards and cards for folks with fair or average credit.

Persons: it's, That's, you'll, —, There's, Modest, David McMillin David McMillin, Guy, David, he's, Angela Fung, Read, Gabriel Vito Gabriel Vito, Gabriel, Education Gabriel, ExperienceExpertiseEducation Read Organizations: Business, Bank of America, Capital, Chevron, Entertainment, Walmart, Gas, Quicksilver, The Bank of America, Review, Finance, Forbes, CNN, University of California, Banking, Education, The University of California Locations: Capital One's, Chicago, Alaska , Utah , Oklahoma, Vermont, Riverside

☆ Bitcoiners celebrate as $40 million campaign brings down Ohio Sen. Sherrod Brown
▼ + stars: | 2024-11-05 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +4 min

Republican nominee for U.S. Senate Bernie Moreno addresses supporters at Brecksville Community Center on November 4, 2024 in Brecksville, Ohio. He voted against pro-crypto legislation, called for more regulation of the sector, and regularly posted anti-crypto rhetoric on social media. According to the tracker, 224 pro-crypto candidates have been elected to the House, against 106 anti-crypto House candidates that have won. In the Senate, 14 pro-crypto candidates have been elected, while nine anti-crypto candidates have been victorious. "Americans disproportionately care about crypto and want clear rules of the road for digital assets," Armstrong wrote.

Persons: Bernie Moreno, Crypto, Sherrod Brown, Brown, Moreno, Sen, Elizabeth Warren, Chris Larsen, Joe Biden, Warren, I'm, Tyler Winklevoss, Gary Gensler crony, Winklevoss, Brian Armstrong, Armstrong, Coinbase, Gensler, Elect Moreno's, Bitcoin, Donald Trump Organizations: U.S, Brecksville, Center, Ohio Senate, U.S . Senate, CNBC, Politico, SEC, Senate, Crypto Alliance, NBC, Commodities, Trading Commission, Fairshake, Defend, Jobs, Republican, —, Yildirim Locations: Brecksville , Ohio, Ohio

☆ The presidential election is prompting some Americans to 'doom spend,' report finds
▼ + stars: | 2024-11-05 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

Mario Tama | Getty Images News | Getty ImagesRetail therapy is thinly coating voters' anxieties from the presidential election — and their wallets know it. Follow: Election 2024 live updates: Trump and Harris await Presidential election results More than half, or 60%, of Americans surveyed are concerned with the state of the world and economy, more than they were a year ago. Top worries among doom spenders include the cost of living (55%), inflation (43%), and the presidential election (28%), the report found. As of June, 50% of cardholders carry a balance every month on their credit cards, a recent Bankrate survey found. About six out of every 10 people who have credit card debt have had it for at least a year, Bankrate found.

Persons: Mario Tama, —, Gen Zers, Harris, Rossman, Bankrate, NerdWallet, Z, Alev Organizations: Getty, Intuit Credit Karma, Trump, Karma, Shoppers, Federal Reserve Bank of New, millennials, Fed Locations: Federal Reserve Bank of New York

Bad Bunny is recognized globally for establishing reggaeton as a mainstream music genre and exporting Puerto Rican culture to the world. Puerto Rico has given an organic endorsement,” Bad Bunny told the thousands at the rally. It’s you, the people of Puerto Rico, who have told me that on Nov. 5th, we must vote for Juan Dalmau and the ‘Alianza’” (Alliance). Bad Bunny's message connects with young voters in Puerto Rico who have never lived in a Puerto Rico that’s not riddled with crisis, said Jorge Schmidt Nieto, a political science professor at the University of Puerto Rico in Mayagüez. Bad Bunny talks about his upbringing — and makes it politicalIn his 20-minute speech Sunday, Bad Bunny opened up about his upbringing in Puerto Rico — and linked it to Puerto Rico's recent political turmoil.

Persons: Bunny, Zers, “, ”, It’s, Juan Dalmau, Dalmau, Bad Bunny, Pedro Pierluisi, Puerto Rico that’s, Jorge Schmidt Nieto, Apagón, Una Velita, Carlos Vargas, Ramos, Vargas, —, Benito Antonio Martínez Ocasio, Pedro Rosselló, Vega Baja, Luis Fortuño, Schmidt Nieto, Hurricane Maria, Charles Venator, There's, ” Venator, theis, Rosselló, Santiago, García, Sin Suela Organizations: Puerto, Alianza ’ ”, Puerto Rican Independence Party, Citizens, Puerto Rico's, New Progressive Party, Gov, Popular Democratic Party, University of Puerto, Puerto Rican, Ricans, Center, Puerto Rican Studies, Hunter College, Puerto Rico —, Alliance, Islanders, Hurricane, University of Connecticut, Puerto Ricans Locations: Puerto Rican, Puerto Rico, Puerto, University of Puerto Rico, Mayagüez, New York, Vega, Santiago, Puerto Rico’s

☆ Elon Musk’s lawyer says $1M giveaway winners not randomly chosen, which could raise legal issues
▼ + stars: | 2024-11-04 | by ( David Ingram | David Ingram Is A Tech Reporter For Nbc News. | ) www.nbcnews.com time to read: +8 min

Legal experts told NBC News that the disclosure could have legal fallout for Musk across multiple jurisdictions under laws designed to protect consumers from deceptive practices. Chris Gober, a lawyer for America PAC, made the disclosure at a hearing about the giveaways. Elon Musk awarded Kristine Fishell a $1 million check at a town hall in Pittsburgh on Oct. 20. Typically under state law, “this is actually bread and butter stuff for them,” he said in a direct message. The Justice Department, which had warned Musk’s super PAC that its offer may run afoul of federal election law, did not immediately respond to a request for comment.

Persons: Elon Musk, Musk, ” Christopher Peterson, ”, Chris Gober, “ We’re, ” Musk, Kristine Fishell, Michael Swensen, Donald Trump, Trump, Larry Krasner, John Summers, Krasner, Gober, Rebecca Tushnet, “, Tushnet, George Conway, David Vladeck, ” Lorrin Freeman, ” Jeff Sovern Organizations: NBC News, University of Utah, Musk’s America PAC, America PAC, Pennsylvania, Harvard Law School, Republican, Federal Trade Commission, FTC, Georgetown University, AGs, University of Maryland, The Justice Department, Musk’s Locations: Philadelphia, Arizona, Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, Pittsburgh, Pennsylvania, Wake County, North, North Carolina, Baltimore

A new federal rule will prohibit schools from charging transaction fees to low-income students when their families electronically deposit funds into their lunch accounts. The report estimated that school meal payment processors collect more than $100 million in transaction fees a year. “The policy announced today will ensure fairness for all students receiving meals at a reduced price, even when paying online,” USDA said in a statement Friday. "USDA should keep working hard on this issue so that families aren’t squeezed for every nickel and dime." Agriculture Secretary Tom Vilsack, who has advocated for free school meals for all children, called the ban on transaction fees for some families a “major” step.

Persons: ”, Marisa Kirk, Epstein, Sen, Elizabeth Warren of, Bernie Sanders, ” Warren, Harris, Tom Vilsack, “ Organizations: Agriculture Department, Consumer Financial Protection Bureau, Consumer Financial, Democratic, USDA, Biden, NBC News Locations: Elizabeth Warren of Massachusetts

After leaving the workforce during the pandemic because she couldn’t find affordable child care, Longenecker said her family has been economizing. But her husband recently got a new job that pays more per hour and with lower health care costs. Her husband’s side gig has been “flourishing,” giving them steady monthly income and a glimpse of a future beyond waiting tables. Her monthly retirement income of around $7,600 is comfortable, but homeowners insurance, utilities and long-term care costs are weighing on her. Keys said Harris has put forth clearer economic policies, like her plan to offer first-time homebuyers $25,000 in downpayment assistance.

Persons: Kamala Harris, Donald Trump, Harris, Stefanie Longenecker, Longenecker, she’s, I’m, they’re, ”, ” Longenecker, Stefany Serna, He’s, “ We’ve, ” Serna, Serna, “, Serna isn’t, Lucy Haverfield, ” Haverfield, Hurricane Milton, Helene, Milton, Trump, “ I’m, Nancy Breland, hasn’t, Breland, “ I’ve, Otis Keys, ” Keys, Keys, Becky Melvin, Trump’s “, multibillionaire Tesla, Elon Musk, —, Melvin Organizations: NBC, Biden, Pa ., Trump, YouTube, ” Times, Social, Social Security, UPS, Teamsters Locations: Palmyra, Pa, Palmyra , Pennsylvania, China, Coral Gables , Florida, Alva , Florida, Hurricane, Florida, Alva, Fla, Canada, Georgia, Dallas, Jacksonville, America, Jacksonville , Florida

An ‘embellished’ closing argumentTrump’s and Harris’ closing messages have seemingly been playing through a bullhorn on loop around Pennsylvania these final weeks. “No matter who wins, it will be narrow,” said Eugene DePasquale, the Democratic nominee for Pennsylvania attorney general. “If Harris wins, I think you’re going to say we offered a different vision for the country moving forward. And there was finally … a wanting to turn the page from Trump.”“If it goes the other way,” he continued. Her advertising has been heavily focused on her proposal to combat price gouging and cost increases that Pennsylvanians could face because of wide-ranging tariffs Trump wants to impose.

Persons: Harris, ” Trump, Sen, Bob Casey, ”, Abbott, ” Harris, Trump, Richard Perini, Eugene DePasquale, Donald Trump’s, Clinton, Luis von Ahn, “, she’s, “ I’m, Josh Shapiro, ” Shapiro Organizations: Trump, Democratic, Trump’s State College, Republicans, ”, Carnegie Mellon University Locations: Pennsylvania, Lititz, U.S, Harrisburg, Westmoreland County, Pittsburgh

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