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☆ Watch Tuesday's full episode of the Halftime Report — October 1, 2024
▼ + stars: | 2024-10-01 | 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 Tuesday's full episode of the Halftime Report — October 1, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.

Persons: CNBC's Scott Wapner Organizations: CNBC PRO

☆ Big Tech just notched a huge win in California with an AI bill veto
▼ + stars: | 2024-09-30 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +5 min

Gavin Newsom vetoed an artificial intelligence safety bill on Sunday. Gavin Newsom vetoed an artificial intelligence safety bill on Sunday, a win for AI heavyweights like OpenAI and Big Tech companies that lobbied against it. The debate in California reflects the challenge governments face walking the fine line between allowing tech companies to innovate while protecting against new potential risks. Elon Musk, who founded AI company xAI last year, said last month that although it was "a tough call and will make some people upset," he thought "California should probably pass the SB 1047 AI safety bill." Several former OpenAI employees also supported the safety bill and said that OpenAI's opposition to the bill was disappointing.

Persons: Gavin Newsom, Newsom, —, Sen, Scott Weiner, Wiener, didn't, Charles Schwab, Rob Sherman, Marc Andreessen, Andreessen Horowitz, Newsom's, Jason Kwon, Meta, Elon Musk, xAI, Dario Amodei, William Saunders, Daniel Kokotajlo Organizations: Service, Big Tech, Chevron, Tesla, Oracle, Venture Capital Locations: California, Silicon Valley

☆ California governor vetoes contentious AI safety bill
▼ + stars: | 2024-09-29 | by ( Story Reuters | ) edition.cnn.com time to read: +4 min

Reuters —California Governor Gavin Newsom on Sunday vetoed a hotly contested artificial intelligence safety bill, after the tech industry raised objections, saying it could drive AI companies from the state and hinder innovation. The AI industry is growing fast in California and some leaders questioned the future of these companies in the state if the bill became law. Developers of AI software operating in the state would have also needed to outline methods for turning off the AI models, effectively a kill switch. Alphabet’s Google, Microsoft-backed OpenAI and Meta Platforms, all of which are developing generative AI models, had expressed their concerns about the proposal. Newsom separately signed legislation requiring the state to assess potential threats posed by Generative AI to California’s critical infrastructure.

Persons: Gavin Newsom, Newsom, Scott Wiener, Wiener, ”, ” Newsom, Biden, “, Nancy Pelosi, Elon Musk, Anthropic Organizations: Reuters, Democratic, Congress, Google, Microsoft, U.S, Tesla Locations: California, U.S, ”

☆ Watch Friday's full episode of the Halftime Report — September 27, 2024
▼ + stars: | 2024-09-27 | 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 Friday's full episode of the Halftime Report — September 27, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.

Persons: CNBC's Scott Wapner Organizations: CNBC PRO

WASHINGTON — Lawmakers averted a government shutdown 40 days before the election, but they’ll face another funding crunch right before the holidays and a new Congress and president take office. House Appropriations Committee Chairman Tom Cole, R-Okla., predicted that the two parties could come to a deal and avoid a shutdown in December. Congratulations, congressmen.”The full House has already passed five of the 12 appropriations bills for the new fiscal year. The Senate Appropriations Committee sent 11 out of 12 spending bills to the floor, where none of them have had votes. "What Leader Schumer should have done is brought the appropriations bills to the floor.

Persons: WASHINGTON —, Mike Johnson, ” Johnson, Johnson, “ We’ve, ”, appropriators, they’ve, Debbie Wasserman Schultz, “, doesn’t, Tom Cole, ” Cole, it’s Donald Trump, Harris, Chip Roy, Roy, we’ve, Schumer, Sen, Susan Collins, Chuck Schumer, Byron Donalds, ” Donald, Mitch McConnell, Hakeem Jeffries Organizations: WASHINGTON, WASHINGTON — Lawmakers, Republicans, CRs, Democrats, Wednesday's, Senate, White, Republican, GOP, Freedom Caucus, SAVE, Conservative Locations: Washington, haven’t, Texas, Maine, D

☆ Senate Democrats launch first multimillion-dollar TV investments in Texas and Florida as map grows more daunting
▼ + stars: | 2024-09-26 | by ( Simone Pathe | ) edition.cnn.com time to read: +7 min

Ted Cruz of Texas and Rick Scott of Florida, with additional TV investments likely to come, according to the committee. “Senate Democrats are expanding the map and going on offense. That’s where Florida and Texas – which have been seen as relative long shots – come into play. Of the two states, Texas – which is at No. 9 on CNN’s ranking of flippable Senate seats – has been seen as a more viable target.

Persons: Ted Cruz of, Rick Scott of, Scott’s, Gary Peters, Cruz, Scott, Sen, Joe Manchin, Donald Trump, Trump, Larry Hogan, Joe Biden, Kamala Harris, Montana Sen, Jon Tester, overperform Harris, Nathan L, Gonzales, Amy Walter, –, Colin Allred, Cruz –, Beto O’Rourke, Allred, Ted Cruz, ”, University of Texas –, Barack Obama, Hillary Clinton, Biden, Democratic Sen, Bill Nelson, Debbie Mucarsel, Powell, he’s, “, Republicans ’, Val Demings, GOP Sen, Marco Rubio, CNN’s David Wright Organizations: CNN, Democratic, Democratic Senatorial, Republican Sens, Sens, Michigan Democrat, Democrats, GOP, White, Republicans, That’s, Democratic Rep, NFL, Senate, Baylor University, Texas Politics, University of Texas, Rep, Social Security Locations: Texas, Florida, Ted Cruz of Texas, Rick Scott of Florida, Sens, Cruz, Michigan, West Virginia, Montana and Ohio, Maryland, Montana, Dallas, AdImpact, Ecuador

☆ Kamala Harris' economic agenda may now depend on beating Ted Cruz or Rick Scott
▼ + stars: | 2024-09-26 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Read previewVice President Kamala Harris has made a number of promises as part of her proposed domestic agenda. That's left Democrats with little choice than to go on offense and try to beat Sen. Ted Cruz in Texas and Sen. Rick Scott in Florida. Cruz and Scott we will crystallize the case against them," Peters said. In Texas, Cruz faces Democratic Rep. Colin Allred, who was recently endorsed by former Republican Rep. Liz Cheney. A source close to Scott signaled that the Florida senator isn't sweating it, telling Business Insider that "if national Democrats decide to spend in Florida, Rick Scott will spend more."

Persons: —, Kamala Harris, Harris, She's, Donald Trump, Sen, Joe Manchin's, Tim Walz, Sherrod Brown, Jon Tester, Montana . Brown, Tester, Tim Sheehy, That's, Ted Cruz, Rick Scott, Gary Peters of, Cruz, Scott, Peters, Colin Allred, Liz Cheney, Scott's, Debbie Mucarsel, Powell, Allred Organizations: Service, Business, Senate, Gov, Republican, Democratic Senatorial, Gary Peters of Michigan, Sens, Democratic, Republicans Locations: Ohio, Montana ., Texas, Florida, In Texas, In Florida, New York, California

☆ Watch Thursday's full episode of the Halftime Report — September 26, 2024
▼ + stars: | 2024-09-26 | 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 Thursday's full episode of the Halftime Report — September 26, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.

Persons: CNBC's Scott Wapner Organizations: CNBC PRO

WASHINGTON — The House on Wednesday is poised to pass a funding bill to avert a government shutdown next week after it removed a proposal demanded by Donald Trump that would require Americans nationwide to show proof of citizenship to register to vote. House Republican leaders, facing defections within their ranks, plan to rely heavily on Democratic votes to approve the measure. He blamed Senate Majority Leader Chuck Schumer, D-N.Y., for failing to take up the SAVE Act as a stand-alone measure in the Senate. “We passed the SAVE Act in the summer, and it’s been sitting on Chuck Schumer’s desk collecting dust; that is maddening to us,” Johnson said. “As both parties work to avoid a shutdown, we encourage House Republican leadership to get this bill to the floor and pass it quickly.

Persons: WASHINGTON, Donald Trump, Mike Johnson, Trump, it’s, Johnson, ” Johnson, he’s, “ I’m, Chuck Schumer, “, Chuck Schumer’s, ”, Sen, John Boozman, Dan Bishop, Scott Perry, ” Perry, “ You’re, ” Schumer Organizations: Republican, Democratic, Senate, Secret, Trump, Republicans, SAVE, GOP, “, Democrats

☆ Stock market today: Dow, S&P 500 drop as rally loses steam ahead of fresh economic data
▼ + stars: | 2024-09-25 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Markets are bracing for the latest GDP revision, jobless claims, and PCE inflation data in the coming days. Traders are still pricing in considerable rate cuts well into next year, per the CME FedWatch tool. AdvertisementUS stocks were mostly lower on Wednesday, ending a record-setting streak of gains as traders looked ahead to coming economic data. The Dow Jones Industrial Average fell nearly 300 points and the S&P 500 slipped from record highs, ending the day about 0.2% lower. Traders are still expecting steep rate cuts over the course of the next year.

Persons: —, Scott Wren, Wells Organizations: Traders, Service, Dow Jones, Nasdaq, Treasury, US, Micron Technologies, Micron Locations: Wells Fargo, East, Ukraine

☆ Watch Wednesday's full episode of the Halftime Report — September 25, 2024
▼ + stars: | 2024-09-25 | 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 Wednesday's full episode of the Halftime Report — September 25, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.

Persons: CNBC's Scott Wapner Organizations: CNBC PRO

☆ Meet the Latin American e-commerce platform that's outperforming Amazon this year
▼ + stars: | 2024-09-24 | by ( Kate Rooney | ) www.cnbc.com time to read: +4 min

One of the world's largest e-commerce companies is emerging as a top pick on Wall Street as investors look for tech opportunities beyond the Magnificent Seven. "There was no venture capital for Latin America. Last year, venture-backed companies in Latin America raised $3.3 billion across nearly 1,000 deals, according to PitchBook. E-commerce and online payments are steadily growing, and Latin America has a young, mobile-savvy population of more than 600 million people. "When you look at the penetration of e-commerce in Latin America, it's still quite low compared to the U.S., Europe or Asia," Galperin told CNBC.

Persons: Marcos Gaplerin, Brad Gerstner, Gerstner, CNBC's Scott Wapner, Goldman Sachs, It's, Buenos Aires Galperin, Galperin, MercadoLibre, We've, it's Organizations: Nasdaq, Wall Street, Stanford Graduate School of Business, CNBC, Stanford, eBay Locations: Delaware, Brazil, Argentina, Mexico, Chile, South America, Mercado Pago, Buenos Aires, Palo Alto , California, California, America, Silicon Valley, New York, Sand, West, Latin America, U.S, Europe, Asia

☆ Watch Tuesday's full episode of the Halftime Report — September 24, 2024
▼ + stars: | 2024-09-24 | 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 Tuesday's full episode of the Halftime Report — September 24, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.

Persons: CNBC's Scott Wapner Organizations: CNBC PRO

☆ Stock futures are little changed after Dow, S&P 500 hit record highs: Live updates
▼ + stars: | 2024-09-24 | by ( Jesse Pound | ) www.cnbc.com time to read: +1 min

Stock futures were calm on Tuesday evening as Wall Street looks to extend its September gains. Nasdaq 100 futures ticked up less than 0.1%, and futures tied to the Dow Jones Industrial Average dipped 0.1%. The moves come after the S&P 500 and Dow closed at record highs after gaining 0.25% and 0.20%, respectively. "I'm a buyer of this rally until unemployment claims start rising, until earnings start declining, really until growth's a problem. Investors will also be paying close attention to commentary from companies, especially as earnings season ramps up early next month.

Persons: Lauren Goodwin, We're, Scott Welch Organizations: New York Stock Exchange, Stock, Nasdaq, Dow Jones, Dow, Federal Reserve, New York Life Investments, CNBC Locations: New York City

"The key to finishing our work this week will be bipartisan cooperation, in both chambers.”Last week, 14 House Republicans teamed with nearly all Democrats to torpedo a six-month funding bill that included the SAVE Act. “It’s, in my opinion, galactically stupid to do a government shutdown even after an election. Schumer, the Senate Democratic leader, took steps last week to tee up a vote on a government funding bill, preparing the upper chamber to step in if Republicans in the House flame out again. Some Republicans had pushed for the House to act quickly, worried that a funding bill passed by the Democratic-led Senate could be loaded up with extraneous spending. If Congress succeeds in passing the new House CR before the Oct. 1 deadline, they'll have another shutdown fight awaiting them in December.

Persons: WASHINGTON, Donald Trump, Trump, Mike Johnson, Johnson, “ I’ve, ” Johnson, “, Joe Biden, Chuck Schumer, D.N.Y, Schumer, “ It’s, it’s, ”, Mike Garcia, Garcia, Don Bacon, Byron Donalds, ” Schumer, Donald Trump’s, he’d, Johnson “, there’s, “ We’re, Mike Simpson Organizations: White, Sunday, SAVE, Trump, Mar, Lago, CR, Republicans, ”, Democratic, Republican Locations: Washington, Idaho

☆ Watch Monday's full episode of the Halftime Report — September 23, 2024
▼ + stars: | 2024-09-23 | 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 Monday's full episode of the Halftime Report — September 23, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.

Persons: CNBC's Scott Wapner Organizations: CNBC PRO

Some lawmakers have called for more Secret Service funding, while others said the Secret Service could be more effective by shifting resources. But if it's signed into law, Trump and Harris would be granted the same standard of Secret Security protection as President Joe Biden. Biden said this week that the Secret Service "needs more help" and called on Congress to act. And both Senate Majority Leader Chuck Schumer, D-N.Y., and Speaker Mike Johnson, R-La., have committed to getting the Secret Service what they need. Sen. John Cornyn, R-Texas, said he wants the Secret Service to provide “clarification of what the current practices are” to confirm that.

Persons: Donald Trump, Trump, Kamala Harris, Mike Lawler, Ritchie Torres, it's, Harris, Joe Biden, “, ” Lawler, ”, Biden, Chuck Schumer, Mike Johnson, GOP Sen, Rick Scott of, ” Scott, Sen, John Cornyn, President Trump, Cornyn, Dick Durbin, ” Torres, Durbin, Torres, Joe Raedle, Ryan Wesley Routh, Ronald Rowe, Rowe Organizations: WASHINGTON —, Service, GOP, FBI, Scott's, Act, “, Democratic, Senate, Trump International Golf, Secret, Trump, Secret Service Locations: U.S, —, Rick Scott of Florida, America, Texas, Butler , Pennsylvania

☆ Watch Friday's full episode of the Halftime Report — September 20, 2024
▼ + stars: | 2024-09-20 | 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 Friday's full episode of the Halftime Report — September 20, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.

Persons: CNBC's Scott Wapner Organizations: CNBC PRO

☆ Watch Thursday's full episode of the Halftime Report — September 19, 2024
▼ + stars: | 2024-09-19 | 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 Thursday's full episode of the Halftime Report — September 19, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.

Persons: CNBC's Scott Wapner Organizations: CNBC PRO

☆ Wells Fargo says don't buy this rally, fundamentals don't support it
▼ + stars: | 2024-09-19 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

But Wells Fargo cautioned that the pop is detached from reality. However, the benefits of easing policy may not be truly felt until next year due to the uncertainty surrounding the presidential election, Wells said. The Wall Street bank said the S & P 500 is likely to be range bound in the coming months and it is already trading toward the top of the range. Wells sees the S & P 500 finishing 2024 at 5,200, 7% below Wednesday's closing level. Its target is one of the lowest forecasts among Wall Street strategists, who on average project the benchmark ending the year at 5,571, according to CNBC Pro's market strategist survey.

Persons: Stocks, Wells Fargo, Scott Wren, Wells, Wren Organizations: Street, CNBC Locations: U.S

WASHINGTON — House Republicans on Wednesday are expected to derail their own plan to avert a government shutdown at the end of the month, with the party divided over the length of a short-term funding bill and what, if anything, should be attached to it. Democrats, who want a “clean” three-month funding patch with nothing attached, and nearly all plan to vote no. But the overwhelming majority of rank-and-file Republicans back Johnson’s move, saying holding the vote will put lawmakers on record. Everyone.”Davidson, who was ousted in July from the far-right House Freedom Caucus, lamented that Republicans have failed to unify behind a plan weeks before the election. That would buy time for bipartisan negotiators to strike a longer-term funding deal during the lame-duck session for fiscal year 2025 — if a short-term bill can pass the House.

Persons: Mike Johnson’s, Donald Trump, ’, —, noncitizens, Johnson, he’s, Mike Rogers, Warren Davidson, ” Davidson, “, ”, Trump, ” Johnson, Joe Biden, Chuck Schumer, John Duarte, Mitch McConnell, McConnell, Tom Cole, Schumer, Cole, he's Organizations: WASHINGTON —, Republicans, Wednesday, SAVE, CRs, Armed, ”, Caucus, CNBC, Democrats, Democratic, GOP Locations: Ohio, Ky

☆ Watch Wednesday's full episode of the Halftime Report — September 18, 2024
▼ + stars: | 2024-09-18 | 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 Wednesday's full episode of the Halftime Report — September 18, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.

Persons: CNBC's Scott Wapner Organizations: CNBC PRO

WASHINGTON — Speaker Mike Johnson said the House will vote Wednesday on a six-month stopgap funding bill linked to legislation requiring proof of citizenship to register to vote — the same package he abruptly pulled off the floor last week amid growing GOP opposition. Johnson, a Louisiana Republican, spent the weekend calling members and trying to flip GOP defections to the yes column. "Mr. Speaker Johnson, you know as well as everyone else that your plan is a no-go as currently written. A six-month CR with poison pills is not going to fly in a narrowly divided government," Schumer said. "If the hard right thinks that we will willingly give them leverage to ram Project 2025 down the American people's throats early next year by agreeing to a six-month CR, they are dreaming," he added.

Persons: WASHINGTON, Mike Johnson, Johnson, Donald Trump, Joe Biden, ” Johnson, “, ”, he'll, I'm, Chuck Schumer, Schumer Organizations: Louisiana Republican, ’, Democratic, “ Locations: Louisiana

WASHINGTON — Congress is considering boosting funding for the Secret Service after what the FBI called an apparent second attempt on former President Donald Trump’s life in 10 weeks. "Nobody's going to want to deny the Secret Service the funding that it needs as long as it justifies it." And Sen. Tim Kaine of Virginia, the 2016 Democratic vice presidential nominee, agreed that both parties would be "very amenable" to any Secret Service funding request. Trump's Secret Service detail on Sunday thwarted what the FBI characterized as a second apparent assassination attempt on him while he was golfing at his club in West Palm Beach, Florida. “One thing I want to make clear, the Secret Service needs more help.

Persons: Donald Trump’s, they’re, protectees, Chuck Schumer, ” Sen, Susan Collins, Ron Rowe, Trump, Collins, Sen, Tommy Tuberville, Mike Johnson, Johnson, Ron Johnson, “ That’s, ”, Jack Reed, Tim Kaine, Ryan Wesley Routh, Routh, Joe Biden, God ”, Biden, Lindsey Graham, Graham, Richard Blumenthal, Conn, he’s, “ We’re Organizations: WASHINGTON, Service, FBI, Republican, Committee, Fox News, Trump, Homeland Security Committee, Secret, Homeland Security, Senate Armed Services, NBC News, Democratic, AK Locations: WASHINGTON —, Maine, Virginia, West Palm Beach , Florida

☆ Watch Tuesday's full episode of the Halftime Report — September 17, 2024
▼ + stars: | 2024-09-17 | 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 Tuesday's full episode of the Halftime Report — September 17, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.

Persons: CNBC's Scott Wapner Organizations: CNBC PRO

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