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☆ Ethridge: Hopeful the election happens with little fanfare, as markets don't like uncertainty
▼ + stars: | 2024-10-29 | 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 EmailEthridge: Hopeful the election happens with little fanfare, as markets don't like uncertaintyMalcolm Ethridge of Capital Area Planning Group discusses whether the markets can look past the election to trade higher through the end of the year, and highlights a top pick in the fintech space.

Persons: Malcolm Ethridge Organizations: Area

☆ Why Boeing's $21 billion share sale is an early Christmas present for Wall Street
▼ + stars: | 2024-10-29 | by ( Reed Alexander | ) www.businessinsider.com time to read: +5 min

AdvertisementWall Street bankers tasked with helping companies raise money through sales of stock just got an early Christmas present. The sale ended up raising nearly $21 billion, marking one of the largest deals for US equity-capital-markets bankers in history. Thanks to the Boeing capital raise, he now predicts ECM bonus increases of 30%, he said. 'A rising tide lifts all boats,' comp expert saysThe ultimate size of Boeing's capital raise puts it in league with some of the largest raises ever, according to global equity capital raise data provided by LSEG. But, based on Johnson's forecast, it seems those involved in the Boeing capital raise may find themselves flying highest on bonus day.

Persons: Goldman Sachs, —, bookrunners Goldman Sachs, Morgan Stanley, Alan Johnson, Johnson, Semafor, Thoma Bravo, It's, they've Organizations: Boeing, PJT Partners, RBC Capital Markets, Service, Monday, Bank of America, Citigroup, JPMorgan, Wall, Johnson Associates, LSEG, Petrobras, Lloyds, Nasdaq Locations: Brazilian, British

☆ Watch CNBC’s full interview with Bernstein’s Dan Suzuki
▼ + stars: | 2024-10-29 | 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 EmailWatch CNBC’s full interview with Bernstein’s Dan SuzukiBernstein’s Dan Suzuki and MAI Capital’s Chris Grisanti, join 'Power Lunch' to discuss the yield moves, a potential Fed pause and earnings season.

Persons: Bernstein’s Dan Suzuki, Dan Suzuki, Chris Grisanti Organizations: MAI

☆ The economy is doing better than the Fed expected, says Bernstein’s Dan Suzuki
▼ + stars: | 2024-10-29 | 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 EmailThe economy is doing better than the Fed expected, says Bernstein’s Dan SuzukiBernstein’s Dan Suzuki and MAI Capital’s Chris Grisanti, join 'Power Lunch' to discuss the yield moves, a potential Fed pause and earnings season.

Persons: Bernstein’s Dan Suzuki, Dan Suzuki, Chris Grisanti Organizations: MAI

☆ Argentina: Abortion access is dwindling under President Javier Milei three years after legalization
▼ + stars: | 2024-10-29 | by ( Betiana Fernández Martino | ) edition.cnn.com time to read: +10 min

This is how she came across Amnesty International, an organization that works for the promotion and defense of human rights. María is one of the cases where Amnesty International had to intervene to ensure a safe abortion. People hold green handkerchiefs during a demonstration in support of safe and legal abortion access to mark International Safe Abortion Day, in Buenos Aires, Argentina, September 28, 2023. Similarly, information from health professionals in the Safe Abortion Access Network (RedAAS by its acronym in Spanish) aligns with this. CNN contacted the National Ministry of Health regarding both shortages and the second public information request but did not receive a response.

Persons: María, misoprostol, Javier Milei, Anna Moneymaker, Mariana Nedelcu, Lucila Galkin, Galkin, Silvina Ramos, ”, Ramos, can’t Organizations: CNN, “, Ministry of Health, National Sexual Health, Amnesty, Conservative Political, Gaylord, Amnesty International, American, National Directorate of, Argentina’s Ministry of Health, Galkin, National Ministry of Health Locations: Misiones, Argentina, Posadas, Montecarlo, Eldorado, National Harbor , Maryland, Buenos Aires, Amnesty International Argentina

☆ Rocket builder Firefly’s new CEO is working ‘maniacally’ to scale launches, spacecraft and moon missions
▼ + stars: | 2024-10-29 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +9 min

He sees gaps in the launch market for Firefly's Alpha and coming MLV rockets, which slot into the middle of the small-to-heavy class of vehicles. Firefly has three main product lines: its rockets, Alpha and MLV; space tugs, called Elytra, and lunar landers, known as Blue Ghost. More rocketsThe company's fifth Alpha launch lifts off from Vandenberg Space Force Base in California in July 2024. A rendering of the MLV rocket. Firefly AerospaceKim sees Firefly as having a key advantage — "an engine that works" — in its Reaver engines that power the Alpha rockets.

Persons: Jason Kim, Firefly Aerospace Jason Kim, he's, Elon Musk's, ULA, Jeff Bezos, Kim, he'd, I'm, … I'm, what's, Firefly's, Trevor Mahlmann, Northrop, Aerospace Kim, Miranda, We've, MLV, Firefly's Alpha, Lockheed Martin, Simone Biles, we're Organizations: Firefly Aerospace, Aerospace, Boeing, Elon, Elon Musk's SpaceX, Firefly's Alpha, CNBC, Firefly, Alpha, California's Vandenberg Space Force Base, Industrial Partners, Vandenberg Space Force, SpaceX, Lockheed, Payload Services, NASA, Blue Locations: U.S, Austin , Texas, California's, California, Northrop's, Briggs , Texas

☆ We upgraded Stanley Black & Decker stock despite the post-earnings selling
▼ + stars: | 2024-10-29 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Stanley Black & Decker reported mixed quarterly results before Tuesday's opening bell, and the stock got whacked. SWK YTD mountain Stanley Black & Decker YTD Shares of Stanley Black & Decker consolidated around an 8% decline after the release. We upgraded Stanley Black & Decker on Tuesday morning back to our buy-equivalent 1 rating on the belief the stock reaction to the print was overdone. Stanley Black & Decker Why we own it: Stanley Black & Decker is in the later innings of a multi-year restructuring plan. To honor the occasion, Donald Allan, Jr., President & CEO of Stanley Black & Decker, joined by Chris Taylor, NYSE Global Head of Advisory, rings the Opening Bell®.

Persons: Stanley Black, Decker, Stanley, Donald Allan, we're, Allan, —, Jim Cramer's, Jim Cramer, Jim, Donald Allan , Jr, Chris Taylor Organizations: Revenue, Stanley Black, Treasury, Federal, Bosch, Techtronic Industries, Management, CNBC, The New York Stock Exchange, NYSE Global Locations: Dewalt, Europe

☆ The economy seems to be firing on all cylinders — but a veteran JPMorgan strategy chief says one underappreciated risk could cause a serious global slowdown
▼ + stars: | 2024-10-29 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Corporate earnings growth, productivity growth, and business fixed investment all seem to be headed in the right direction as well. Related storiesThese signals have given David Kelly, JPMAM's chief global market strategist, great confidence. Such tariffs would cause "seismic shocks to the US economy," Tom Orlik, the chief economist at Bloomberg Economics, said earlier this month. Charles Schwab global investment strategy chief Jeffrey Kleintop cited tariffs as a top risk back in June. "But oddly enough, the global economy bounced back anyway.

Persons: David Kelly, —, JPMAM, Kelly, Donald Trump who's, Tom Orlik, Charles Schwab, Jeffrey Kleintop, I'd Organizations: JPMorgan Asset Management, Service, Asset Management, Federal Reserve, Bloomberg Economics, Peterson

☆ We're making a flurry of trades: Buying 2 beaten-up stocks, taking profits in another
▼ + stars: | 2024-10-29 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

We're also buying 25 shares of Danaher at roughly $243.21 and 25 shares of Constellation Brands at $236.36. We're locking in profits in Best Buy based on a theme developing this earnings season. We're taking the Best Buy sale proceeds to pick up shares in two stocks that have been beaten up post-earnings: Danaher and Constellation Brands. As noted in Monday's Homestretch , Danaher stock last week suffered its worst weekly performance since 2020. NEW YORK, NEW YORK - OCTOBER 16: Traders and others work on the New York Stock Exchange (NYSE) floor in New York City.

Persons: Jim Cramer's, We're, D.R, toolmaker Stanley Black, Danaher, Jim Cramer, Jim, Spencer Platt Organizations: Constellation Brands, Club, Corona, Constellation, CNBC, NEW, Traders, New York Stock Exchange, Getty Locations: Danaher, Horton, Monday's, bioprocessing, Modelo, Mexico, New York City

A woman died on Saturday after backing into plane's propeller while trying to take a picture at an airfield in Kansas, officials said. The Sedgwick County Sheriff’s Office said the woman was critically injured in the incident and later died at the hospital, according to NBC News affiliate KSNW. The woman was identified by the sheriff's office as 37-year-old Amanda Gallagher of Wichita, Kansas. The sheriff's office did not immediately respond to a request for comment from NBC News on Monday. The airfield is also the home of Air Capital Drop Zone.

Persons: Amanda Gallagher, KSNW, Gallagher, “, ” Martin Myrtle, Myrtle, Cook, Wichita —, GoFundMe Organizations: NBC News, . Air, Air, Federal Aviation Administration, National Transportation Safety Board Locations: Kansas, Sedgwick, Wichita , Kansas, Derby, Wichita

Halloween revelers in Shanghai on Sunday. Video shared on social media and geolocated by NBC News shows dozens of police officers crossing a road near Zhongshan Park where Halloween revelers gathered in recent days. My 6-year-old was wearing a hat with a pirate emblem, and they even asked him to take it off,” read one comment Sunday from a Shanghai resident on Chinese social media platform Weibo. There was no official announcement of an outright ban or clear restrictions on Halloween activities from Shanghai officials, but local businesses reported receiving notices. Halloween-related activities appeared to go ahead as planned at Shanghai Disneyland and another theme park, Happy Valley.

Persons: “, ” Organizations: HONG KONG — Police, Publishing, Getty, Shanghai, NBC News, Police, Shanghai Information, Reuters Locations: HONG KONG, Shanghai, China, Zhongshan Park, Weibo, Jing, Zhongshan

The base GOP voters Trump is most focused on aren’t necessarily the same voters who are key to the coalition Snyder is trying to build. Gretchen Whitmer, and two-seat majorities in both the state House and the state Senate (Democrats also hold a majority on the state Supreme Court). “The only advantage they have is old notions,” Whitmer said last week at her own event to support state House candidates in Oakland County. All the districts he’s targeting “can swing either way,” Snyder said. Rick Snyder is openly trying to get MAGA extremists elected to the state House,” Kubitschek said.

Persons: Rick Snyder, ” Snyder, “, Donald Trump, There’s, Snyder, Kamala Harris, Fred Upton, Trump, Peter Meijer, ”, Tommy Brann, ” Paul Hudson, Hillary Scholten, Meijer, “ I’ve, ” Hudson, Mike Rogers, ’ “, Gretchen Whitmer, Whitmer, —, ” Whitmer, Geoff Robins, Joe Biden, I’ve, ‘, ’ ” Snyder, Ron Robinson, Tom Kuhn, Tommy Kubitschek, Snyder’s, It’s, MAGA, ” Kubitschek, Jennifer Conlin, Ann Organizations: Michigan Gov, GOP, Republicans, Trump, Republican, NBC News, White, Michigan’s Republican U.S, Senate, Democratic, Michigan, Getty, Pepsi, Michigan ”, Council, Brann, Affordable, Democrats, Michigan Democratic Party, ”, Republican Party Locations: WYOMING, Mich, —, Michigan, There’s, Grand, Detroit, Battle, Traverse City, Grand Rapids, ”, Lansing, Oakland County, Flint, AFP, Utica, Troy, Ann Arbor

☆ Georgian president calls for protests after ruling party wins disputed election; U.S., allies call for probe
▼ + stars: | 2024-10-28 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +5 min

Georgian Dream Party supporters celebrate the exit poll results in Tbilisi on Saturday. Diego Fedele / Getty ImagesPresident Salome Zourabichvili spoke the day after the vote, which the electoral commission said the ruling party had won. The Georgian Dream party clinched nearly 54% of the vote, the commission said, as opposition parties contested the result and vote monitors reported significant violations. Georgian Dream has become increasingly authoritarian over the past year, adopting laws similar to those used by Russia to crack down on speech. Despite that, Georgian Dream has adopted Russia-style laws and many Georgians fear the government is distancing the country from the West and into Moscow’s orbit.

Persons: Diego Fedele, Salome Zourabichvili, Georgia’s, ”, Zourabichvili, Antonio López, White, Charles Michel, “, Irakli Kobakhidze, ” Hungary’s Victor Orbán, Tiko Gelashvili, Natia Seskuria Organizations: European Union, Georgian Dream Party, Getty, European, Sunday, Georgian, The United National Movement, Regional Institute for Security Studies, AP Locations: United States, Russia, Europe, Tbilisi, Georgian, Russian, Brussels, South Caucasus, ”, Georgia, Tiko, Georgia’s, Moscow, Soviet Union, Javakheti

The military seized power from the elected government of Aung San Suu Kyi in February 2021, giving rise to intensified fighting with long-established armed groups associated with Myanmar’s ethnic minority groups, and prompting the formation of new pro-democracy militias. Two weeks later the Arakan Army launched attacks in its home western state of Rakhine, and since then other militia groups and PDFs have joined in around the country. But at the same time, resistance groups are closing in on Mandalay, Myanmar’s second-largest city in the center of the country. The Tatmadaw has been accused of deliberately targeting civilians in retribution for perceived support for the resistance militias, something it denies. Should the Tatmadaw fall, that could lead to the fragmentation of Myanmar unless the groups work hard to resolve political and territorial differences.

Persons: Aung, Suu Kyi, Alliance —, ”, Connor Macdonald Organizations: Myanmar National Democratic Alliance Army, Arakan Army, National Liberation Army, Alliance, Council, United Nations ’ Office, Human Rights, Army, Institute for Strategy Locations: BANGKOK, Myanmar, Russia, China, Suu, Shan, Rakhine, Kayah, Naypyidaw, Yangon, Mandalay, Myanmar’s, Chin, Paletwa, Syria, Beijing

☆ Doburoku: once illegal, this Japanese alcohol is making a comeback
▼ + stars: | 2024-10-28 | by ( Jonathan Delise | ) edition.cnn.com time to read: +6 min

To distinguish this type of turbid Japanese alcohol from that of the ubiquitous and transparent sake, there are two distinct if slightly misleading categories: seishu (清酒), or clear sake, and doburoku (濁酒). However, when making doburoku, they are all simultaneously placed in with the yeast starter, causing the resulting mixture to be comparatively overflowing with sugars. For nearly as long as rice has been cultivated in Japan, doburoku has existed. In essence, all doburoku made from then on came to be called mitsuzoushu (密造酒), “secretly produced alcohol,” or moonshine. The state of doburoku todayOpened in 2015, Tokyo’s Sake Hotaru was the first legal spot to offer doburoku in Japan’s capital.

Persons: Heiwa, doburoku, homebrewing, Utsunomiya Hitoshi, Utsunomiya, “, Hotaru, Norimasa Yamamoto, it’s, ”, Kato, Shinobu Kato, ” Kato Organizations: Tokyo CNN, Makers Association Locations: Tokyo, Nihombashi, Wakayama prefecture, Japan, Edo, Borne, doburoku, Japan’s, Brooklyn

☆ Immersive entertainment company Cosm lands rights to broadcast NFL games
▼ + stars: | 2024-10-28 | by ( Jessica Golden | ) www.cnbc.com time to read: +1 min

Cosm, the immersive technology company that broadcasts live sports events using what it calls "shared reality," is partnering with the National Football League, the company announced Monday. As part of the deal, Cosm will produce and distribute NFL games at its venues throughout the rest of the 2024 season. The deal includes broadcasting every Thursday night football game on Amazon , all Sunday night games on NBC , every Monday night football game on ESPN and select games on Sunday with Fox . Cosm uses a dynamic pricing model, similar to concerts or live sports. The company did not disclose the financial details of its deal with the NFL.

Persons: Cosm, Jeb Terry Organizations: National Football League, NBC, ESPN, Fox, Mirasol, NFL Locations: Los Angeles, Dallas , Texas, Cosm

☆ How US enterprises drive digital sales with seamless and scalable payment solutions
▼ + stars: | 2024-10-28 | by ( ) www.businessinsider.com time to read: +5 min

Companies must consider customers' desire for local payment methods, frictionless transactions, and evolving government regulations. For both enterprises, a payment platform must do more than simply accept transactions: It must easily adapt to different markets, audiences, and regulatory environments. That's why they have chosen a single-source payment platform to help them innovate and grow. This included payment methods like Momo in Vietnam, Bank Transfer in Indonesia, Pix in Brazil, and UPI in India. Seamless payment processes drive businessEnterprises looking to grow need a payment partner that meets business requirements as well as consumer preferences.

Persons: Dave Wolf, Fubo, Erik Gerson, Adyen, Momo, we've, Wolf, tokenization, Gerson Organizations: Companies, Meta, Reality Labs, Fubo, UPI, tokenization, Insider Studios Locations: Vietnam, Indonesia, Pix, Brazil, India, Adyen

☆ How a Trump or Harris presidency could impact your investments
▼ + stars: | 2024-10-28 | by ( Matthew Fox | ) www.businessinsider.com time to read: +12 min

This is the first in a five-part series about the impact both Trump and Harris presidencies could have on US consumers. To date, Trump and Harris have outlined specific policy proposals that will impact different parts of the stock market. The guide covers four specific asset classes, and is divided between the Trump and Harris impact on each. Advertisement"Our upbeat projections for the stock market in 2024 and 2025 are predicated on a view that hype over AI will continue to fuel a stock market bubble," the research firm said. And since presidential actions usually impact rates, the bond market will be shaped by what either Trump or Harris end up doing.

Persons: Harris, —, Donald Trump, Kamala Harris, Today's, they're, BofA, It's, Financials, Trump's, Trump, Peter Berezin, Joe Biden's, Bonds, Crypto, Bernstein, Gautam Chhugani, bitcoin, Chhugani, Harris Harris, she's, I'm, Larry Fink, Biden, it's Organizations: Trump, Service, Business, Wall, Bank of America, Allies, Foundation, BCA Research, Harris, Democratic, Economics, Capital, Federal, Harris Capital Economics, Federal Reserve, Bloomberg, bitcoin, BlackRock, Capital Economics, Fed Locations: China

☆ There's still time to reduce your 2024 tax bill with these strategies
▼ + stars: | 2024-10-28 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

There's still time to lower your taxes or boost your refund for 2024, financial experts say. Typically, there's a refund when you overpay taxes during the year via withholdings or estimated payments. Ask yourself 3 questions to tell if you're readyWhen filing taxes, you take the standard deduction or total itemized tax breaks, whichever is larger. "It's tough to get over the standard deduction, especially if you're married," Rosen said. For 2024, the standard deduction is $29,200 for married couples filing jointly and $14,600 for single filers.

Persons: There's, Tricia Rosen, Donald Trump, Rosen Organizations: Finance Locations: withholdings, Newburyport , Massachusetts

☆ Boeing is looking for a $19 billion boost
▼ + stars: | 2024-10-28 | by ( Aditi Bharade | Pete Syme | ) www.businessinsider.com time to read: +3 min

Boeing is looking to raise nearly $19 billion to combat its lack of cash. It comes after Boeing reported a net loss of $6.1 billion in the third quarter. AdvertisementBoeing needs cash, and it's trying to raise almost $19 billion as the company looks to boost its liquidity. The planemaker announced Monday that it is offering 90 million common shares and about $5 billion of depositary shares for sale. Last Wednesday, Boeing reported a net loss of $6.1 billion in its third-quarter earnings.

Persons: —, Goldman Sachs, Max, Dave Calhoun, Ron Epstein Organizations: Boeing, Alaska Airlines, Service, planemaker, Bank of America, Citibank, JPMorgan Chase, Alaska Airlines Boeing

☆ A lot the industry dynamics have shifted in favor of United and Delta: TD Cowen's Tom Fitzgerald
▼ + stars: | 2024-10-28 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA lot the industry dynamics have shifted in favor of United and Delta: TD Cowen's Tom FitzgeraldTom Fitzgerald, TD Cowen analyst, joins 'Squawk Box' to discuss news of Boeing's capital raise, impact of Boeing's strike on airlines, tailwinds for airline stocks, and more.

Persons: Tom Fitzgerald Tom Fitzgerald, TD Cowen Organizations: United, Delta

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

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

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

☆ Beijing knife attack injures five, including three children, police say
▼ + stars: | 2024-10-28 | by ( Shawn Deng | Christian Edwards | ) edition.cnn.com time to read: +1 min

CNN —Five people, including three children, have been injured in a stabbing attack in Beijing, Chinese police reported Monday. The incident occurred at around 3.20 p.m. local time (3.20 a.m. Police said the incident occurred at the intersection of Wanquanzhuang Road and Wanliu Middle Road. The country of 1.4 billion has generally low violent crime rates, but has been rocked by a number of high-profile stabbing cases in recent decades. Several have targeted schools, including a 2020 knife attack at an elementary school, as well as attacks at or near kindergartens in 2022 and 2023.

Persons: Tang Organizations: CNN, Police, School Locations: Beijing, Haidian, China’s

☆ Foreign investors flock to flagship Saudi economic conference — but face less free-flowing cash
▼ + stars: | 2024-10-28 | by ( Natasha Turak | ) www.cnbc.com time to read: +6 min

A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia's capital Riyadh to attend the Future Investment Initiative (FII) forum. The kingdom's $925 billion sovereign wealth fund, the Public Investment Fund, saw its assets jump 29% to 2.87 trillion Saudi riyals ($765.2 billion) in 2023 — and local investment was a major driver. "Value meaning hiring, developing the asset management ecosystem, creating new products, bringing in talent, and investing in Saudi capital markets also. Oil prices and the Saudi economy appear to so far have stayed largely unscathed, dropping 4% early Monday after Israel's weekend strike on Iran. A key reason for that may be the rapprochement deal the kingdom signed with Iran, brokered by China, in March 2023.watch now

Persons: Nureldine, it's, Omar Yacoub, Yacoub, Fadi Arbid, Brent, Arbid, Yemen's, Israel Organizations: King Abdulaziz Conference Centre, Future Investment Initiative, Afp, Getty, Investment Initiative, CNBC, U.S, ABS Global, Public Investment Fund, Saudi, Saudi Arabia's, Amwal Capital Partners, OPEC, Eastern, Ritz, Carlton, Israel Locations: Saudi Arabia's, Riyadh, Saudi, Saudi Arabia, —, Dubai, Carlton Riyadh, Gaza, Israel, Lebanon, Iran, Tel Aviv, China

☆ Thick smog chokes northern India and eastern Pakistan ahead of Diwali
▼ + stars: | 2024-10-28 | by ( Lex Harvey | Noemi Cassanelli | ) edition.cnn.com time to read: +4 min

CNN —Thick, toxic smog has once again enveloped northern India and eastern Pakistan just days before the start of Diwali, a Hindu festival typically celebrated with fireworks that each year sends air quality plummeting. Schoolgirls wearing masks ride a motorcycle as they leave school amid a rise in smog levels in Lahore, Pakistan on October 25, 2024. India’s air pollution has been found to be so bad, that experts have warned smog could take years off the lives of hundreds of millions of people. Delhi had banned the use and sale of firecrackers ahead of Diwali, but the policy has been difficult to implement. Arvind Yadav/Hindustan Times/Getty ImagesSome Indian cities have seen improvements in their air quality, according to government data, but progress has been slow.

Persons: Arif Ali, Sanchit Khanna, Arvind Yadav, ’ ” Jyoti Pande Lavakare Organizations: CNN, Getty, India’s, Hindustan Times, Air Locations: India, Pakistan, Delhi, Pakistani, Lahore, AFP, Punjab, Haryana, New Delhi, New

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