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Japan votes in election expected to punish PM Ishiba's coalition
  + stars: | 2024-10-27 | by ( ) www.cnbc.com   time to read: +2 min
TOPSHOT - Officials look on as people vote during the general election at a polling station set up at a local school in Tokyo on October 27, 2024. Japan voted on October 27 in its tightest election in years, with new Prime Minister Shigeru Ishiba and his juggernaut Liberal Democratic Party facing potentially their worst result since 2009. (Photo by Richard A. Brooks / AFP) (Photo by RICHARD A. BROOKS/AFP via Getty Images)Japan's voters decide the fate of Prime Minister Shigeru Ishiba's government on Sunday in an election expected to punish his coalition over a funding scandal and inflation, potentially ending a decade of dominance for his Liberal Democratic Party. Political wrangling could roil markets and be a headache for the Bank of Japan, if Ishiba chooses a partner that favours maintaining near-zero interest rates when the central bank wants to gradually raise them. "That's basically the scenario for 'sell Japan'," as investors ponder how the outcome could affect fiscal and monetary policy, said Naka Matsuzawa, chief macro strategist at Nomura Securities.
Persons: Shigeru Ishiba, Richard A, Brooks, RICHARD A, BROOKS, Shigeru Ishiba's, Komeito, Ishiba, Jeffrey Hall, That's, Naka Matsuzawa Organizations: Liberal Democratic Party, Getty, LDP, Bank of Japan, Kanda University of International Studies, Asahi, Nomura Securities, Constitutional Democratic Party of Japan Locations: Tokyo, Japan, AFP, China
Trump has waded into deep blue territory to boost his candidacy among Black and Latino voters. He has sought to use this issue to cut into Harris' support among the very groups she'll need to win the presidency. This includes Black voters, who for decades have overwhelmingly backed Democratic politicians, and Latino voters, who have become less Democratic as a whole in recent years. A recent GenForward survey showed that 26% of young Black men backed Trump, compared to 58% who supported Harris. During a June debate with President Joe Biden, Trump said migrants were taking "Black jobs" and "Hispanic jobs."
Persons: Trump, he's, , Donald Trump, Kamala Harris, Harris, there's, Anna Moneymaker, Joe Biden, Biden Organizations: Service, GOP, Democratic, Madison, Trump, Black, Biden, New York, Pew Research Center Locations: Atlanta, Detroit, Philadelphia, Manhattan, Bronx, New, Georgia , Michigan, Pennsylvania
Caleb Berry, masked, at the Capitol on Jan. 6, 2021. It was wrong.”Mehta sentenced Berry to three years probation, the sentence requested by federal prosecutors due to his extensive cooperation. He’s also promised to pardon an undefined number of Jan. 6 rioters, even as new arrests continue to roll in. "Jeremy Michael Miller, the FBI said, fought with police officers on the west side of the Capitol on Jan. 6. Screenshot of body worn camera footage showing Reynold Voisine (yellow square) throwing a rod at police officers.
Persons: Donald Trump, Trump, Caleb Berry, Berry, Kelly Meggs —, , he'll, Judge Amit Mehta, Stewart Rhodes, he'd, Rhodes, Mehta, ” Mehta, , ” Berry, “ We’ve, he’s, Jack Smith “, He’s, Jeffrey Newcomb, Robert Bixby, FBI Robert Bixby, Bixby, Zachary Pearlman, Pearlman, Jeremy Michael Miller, Miller, Roger Voisine, Reynold Voisine —, sleuths, Reynold Voisine, FBI Roger Viosine, motherf, Michael Fanone Organizations: WASHINGTON, Republican, Trump, Capitol, Attorney's, District of Columbia, District of Columbia . U.S, White, Justice Department, FBI, Metropolitan Police Department Locations: Washington, District of Columbia ., Virginia, United States, California, Washignton
Similar to Maureen, she's concerned about financial security for older Americans — but she will be supporting Vice President Kamala Harris. "He says that he's going to keep Social Security, but you never know with him," Klein told BI of Trump. CRP research suggests that's due to fewer older adults working traditional jobs and instead pursuing entrepreneurship to supplement their retirement incomes. AdvertisementJR Reed and Krista Geer, both in charge of county-wide aging agencies, have met with older adults in Pennsylvania to hear their top worries. Critics say it isn't tied to a measure that accurately reflects the spending of older Americans.
Persons: Harris, Trump, , Maureen, Donald Trump, he'll, she's, Heck, Federal Reserve —, Marjorie Klein, Kamala Harris, Klein, Bill Johnston, Walsh, Benjamin Glasner, haven't, Glasner, Mike Crossey, Crossey, Richard Fiesta, Fiesta, Kyle Kopko, Kopko, Bill Candelori, It's, Candelori, Josh Shapiro —, Democrat —, Jason Kavulich, it's, I've, JR Reed, Krista Geer, Geer, Reed, Brian Hughes, JD Vance, Kavulich Organizations: Pennsylvania, BI, Social Security, Service, Republicans, Biden, Trump, Federal Reserve, AARP, Cambria —, Economic Innovation Group, Security, Alliance, Retired, Center for, Democrat, Pennsylvania's, JR Locations: Pennsylvania, Philadelphia, AARP Pennsylvania, — Fayette, Cambria, Pittsburgh, Center for Rural Pennsylvania
Mark Cuban has been on a media blitz campaigning for Vice President Kamala Harris. Cuban said Trump was a "lousy president" and "he'll be a worse president this time." After Cavuto asked Cuban to respond to Trump's attacks on him, Cuban said that it indicated his inability to focus. A spokesperson for Trump's campaign did not immediately respond to a request for comment sent outside working hours. Recently, the billionaire entrepreneur has been on a media campaign, speaking on various platforms, from the "All-In" podcast to The New York Times.
Persons: Mark Cuban, Kamala Harris, Donald Trump, Cuban, Trump, , Kamala Harris's, Fox Business's Neil Cavuto, He's, Cavuto, Harris Organizations: Fox Business, Service, Cuban, Business, New York Times Locations: Wisconsin , Arizona, Michigan
Insider Today: Young men's new obsession
  + stars: | 2024-10-26 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com   time to read: +7 min
This week's dispatchThe New York Liberty celebrated their WNBA championship with a victory parade. In June, it was reported that the New York Liberty had the third-highest value in the league ($130 million), and brought in the most revenue last year ($18 million). Wu Tsai made a series of key investments that have paid off. AdvertisementAfter building out a state-of-the-art locker room, Wu Tsai focused on filling out an all-star bench. AdvertisementMore of this week's top reads:The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.
Persons: , Sarah Stier, it's, they've, Clara Wu Tsai, Joseph Tsai, Wu Tsai, Breanna Stewart, Gris Osses, Edmon De Haro, Elvis Presley's Graceland, Chelsea Jia Feng, Leila Najafi, she's, They're, Valentin Tkach, Josh Hartnett, Tyler Perry's, Bruce Springsteen, Rebecca Zisser, Taylor, she'll, Dan DeFrancesco, Jordan Parker Erb, Lisa Ryan, Amanda Yen, Grace Lett Organizations: Business, Service, New York Liberty, New York, Financial, Minnesota Lynx, WNBA, Liberty, Barclays Center, BI, Warner Bros, Netflix Locations: York, Brooklyn, honeymoons, Canada, New York City, New York, Chicago
Two swing states — Arizona and Pennsylvania — exemplify in their own ways how housing markets across the country have failed to address the key issue they face: too few homes. Sprawling subdivisions helped accommodate the growing population and were enough to keep housing costs relatively low through the early 2010s. As demand spiked, snarled supply chains helped inflate construction costs. Home prices have risen 39% since January 2020, Horowitz noted, even though the state's population is shrinking. Like many other states, Pennsylvania has underbuilt housing since the 2008 financial crisis, which tanked the housing market.
Persons: , Alex Horowitz, it's, Horowitz, Mario Tama, we've, Ben Metcalf, Metcalf, Josh Shapiro, Shapiro, Tucson Mayor Regina Romero, Kamala Harris, Donald Trump, He's, Harris, Redfin, Noah Sheidlower Organizations: Service, Pew's, Business, Getty Images, Terner Center, Housing Innovation, UC Berkeley, of Labor Statistics, Pennsylvania, Tucson Mayor, Federal Reserve Locations: Michigan, Wisconsin , Pennsylvania, Arizona, Georgia, North Carolina, Nevada, Zillow, Pennsylvania, Phoenix, . Pennsylvania
Plaintiffs in 14 lawsuits call Sean Combs a rapist, including eight who sued in the past two weeks. Defense lawyers have already signaled that this will be a line of attack against "Victim-1." Related stories"There's 30 million reasons" to doubt her credibility, Combs attorney Marc Agnifilo told a judge during bail arguments last month. In court papers relating to the criminal case, defense attorneys have used the words "false" and "outright absurd" in referring to the lawsuits' allegations. Experts said Combs' defense lawyers will try to impugn the financial motives of not only any plaintiffs who take the stand in May but also their lawyers.
Persons: Sean Combs, Combs, , Sean, Diddy, Michael Farkas, Farkas, Cassandra, Cassie, Ventura, Douglas Wigdor, Marc Agnifilo, Stacey Richman, Jay, Lil Wayne, Richman, Jane Doe, Tony Buzbee, Michael Bachner, Bachner, Rodney, Rod, Jones, Tyrone Blackburn, Blackburn, Liza Gardner, Adria, Buzbee Organizations: Service, New, Defense, Buzbee, US, VMA, UMG, Motown Records, Universal Music Group, New York Locations: New York, Bronx, Manhattan, Los Angeles, Las Vegas, Alabama, Houston, Brooklyn
Brett and Tiffany both kept their day jobs after appearing on 'Love Is Blind'Brett and Tiffany met and fell in love on "Love Is Blind" season 4. But the security of having full-time jobs — or at least one full-time job among two of them — has allowed them to be discerning. Influencing as a side-hustle has been lucrative for the 'Love Is Blind' coupleBrett and Tiffany during the "Love Is Blind" reunion. Juggling maintaining a public profile and working a full-time job can mean the Browns are sometimes spread a little thin. AdvertisementYears before 'Love Is Blind,' Brett made a career changeBrett on "Love Is Blind" season 4.
Persons: Brett Brown, Brown, , Tiffany Pennywell, Brett, Tiffany, I'm, there's, Netflix Brett, they've, Monty Brinton, he'll, Brett hadn't Organizations: Nike, Service, Netflix, Browns, Amazon, Business Locations: Seattle, Portland, New Hampshire, Kohan
Beyoncé is finally hitting the trail with Kamala Harris, The Washington Post reports. The internet was abuzz with false reports of a DNC appearance in August — but Beyoncé is finally hitting the trail with Harris on Friday in Houston. AdvertisementBut with all eyes on Taylor Swift and Beyoncé this year, do celebrity endorsements even matter? Cayce Myers, a public relations professor at Virginia Tech, told BI that celebrity endorsements tend to have "minimum impact." Democrats have more and higher-profile celebrity endorsements, Harvey said.
Persons: Beyoncé, Kamala Harris, , Beyoncé Knowles, Carter, Harris, Tina Knowles, Willie Nelson, Taylor Swift, Mark Harvey, Al Jolson's, Warren Harding, Harvey, Cayce Myers, Myers, Oprah Winfrey, Barack Obama, Loren Kajikawa, doesn't, Julia Roberts, Kajikawa Organizations: The Washington Post, Service, Beyoncé, Virginia Tech, Democrats, George Washington University, Eminem Locations: Houston, The, Detroit, Georgia
Former President Donald Trump unleashed a torrent of personal attacks against Vice President Kamala Harris on Tuesday, saying at a Latino outreach campaign event in Miami that she is "the worst" and "slow," with a "low IQ." Honestly, there’s something wrong, and there's something wrong with her, too. NBC News reached out to the Harris campaign for comment. Trump frequently refers to Harris, the country’s first Black, South Asian and female vice president, as dumb, weak and crazy. You’re a s--- vice president.”
Persons: Donald Trump, Kamala Harris, Trump, Harris, Tim Walz, Hallie Jackson, Telemundo’s Julio Vaqueiro, CBS's, she's, Bernie Sanders, Sen, Elizabeth Warren, , ” Trump, , you’ve, You’re, Organizations: Minnesota, NBC News, NBC Locations: Miami, Pocahontas, Scranton , Pennsylvania, Latrobe , Pennsylvania
Byers takes his meetings and calls while walking either outside or at a treadmill desk. He said rucking, carrying weight while walking, is an efficient way to stay in shape on a busy schedule. Byers told Business Insider that he spends hours each week rucking, walking with a weighted pack or vest. CEO Jeff Byers works out in a weighted vest or pack often, sometimes while taking calls or meetings. "Working together and doing hard things allows us to do hard things together in business to solve difficult problems," Byers said.
Persons: Jeff Byers, Byers, , Guy Fieri, it's, Michael Easter, rucking, That's, It's, he'll Organizations: Service, NFL, USC Trojans Locations: New York
I've learned that both people don't have to be monogamous or non-monogamous to make a relationship work. I met my partner Seth at Burning Man in 2018. I told him that I had friends who were non-monogamous and that I was curious about having an open relationship. He said that he could be open to an open relationship. AdvertisementWe have a partial "Don't Ask, Don't Tell" system when it comes to my dates.
Persons: Fernanda Fabian, They've, Fabian, it's, , I've, Seth, I'd, we'll, he's, they'll, Seth isn't, hasn't, doesn't, there's Organizations: Service, Burning Locations: San Francisco, New York
Head of Google Research told BI the magic of technology is when you don't pay attention to using it. Executives for Google Research — the branch of the company that explores areas like machine learning, quantum AI, and science — shared with Business Insider how they use AI in their daily lives. Google Research head of product and UX Katherine Chou said she uses Lens, Google's tool that uses image recognition to identify images. Maya Kulycky, Google Research's VP of strategy, operations, and outreach, also said she is "a huge fan of Lens." AdvertisementVice President of Google Research, Yossi Matias, told BI some of his favorite tools allow listening to audio versions of articles or translating pages.
Persons: , Katherine Chou, Maya Kulycky, Kulycky, Yossi Matias, Matias, it's, I'm, Gemini Apps Organizations: Google Research, Service, Business, Google, Gemini Locations: Chicago
For Love & Money is a column from Business Insider answering your relationship and money questions. Write to For Love & Money using this Google form. In the best case, you spend $10 and never have to think about it again. As for donating the money, you already know the right thing to do deep down. Write to For Love & Money using this Google form .
Persons: it's, , There's, I'm, she's, you'll, there's, doesn't Organizations: Business, Service
Insider Today: America's billionaire hub
  + stars: | 2024-10-19 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com   time to read: +6 min
This post originally appeared in the Insider Today newsletter. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. European manufacturers are trying to claw back some of the market share of electric vehicles from their Chinese competitors. AdvertisementMore of this week's top reads:The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.
Persons: , Siri, James Bond, Tom Carter, Ram, Fiat —, Leapmotor, Carlos Tavares, Joey Hadden, Jackson, It's, BI's Joey Hadden, Taylor, Chelsea Jia Feng, Taylor Swift, Swift, she'll, Konrad Krajewski, Uber, Priyanka Rajput, Troy Aikman, Anna Kendrick, Jason Segel, Harrison Ford, Peacock, Elisabeth Finch, Rebecca Zisser, We've, grout, Dan DeFrancesco, Jordan Parker Erb, Lisa Ryan, Amanda Yen, Grace Lett Organizations: Business, Service, Getty, BYD's, Paris, European Union, Jeep, Fiat, Economic Policy Institute, Target, BI, NFL, Apple, Netflix Locations: London, China, Jackson Hole , Wyoming, York City, Manhattan, LaGuardia, ozina, caked, Patagonia, New York City, New York, Chicago
My daughter graduated from high school and didn't know what she wanted to do next. AdvertisementWhen my son graduated from high school, it was a given that he would attend a four-year university. His sister graduated two years later, and her path after high school was not as obvious. I just sort of figured everyone would head straight there after high school. School wasn't mandatory, but the alternative couldn't be sitting around playing video games all day.
Persons: She's, , she's, I've, I'm, They've, It's, she'd, hasn't Organizations: Service
My husband and I started to take turns going on solo international trips without our kids. We love the arrangement and I came back from my trip feeling refreshed and like a better mom. Growing up, my mom would work really hard, save money, and then take me with her on trips around the globe. This new chapter of solo adventuring helped me feel like my old selfMy first solo international trip as a mom was to Nepal. AdvertisementMy husband and I are already planning our next overseas trips in 2025.
Persons: , I'd, else's, Feng Wei, couldn't, me incredulously, He'll Organizations: Service Locations: Japan, Bhutan, Nepal, Asia, Patagonia, Australia
Google is replacing Prabhakar Raghavan, the company's search and ads boss, with longtime Google executive Nick Fox. Raghavan will continue to report to Pichai in the new role, the company told CNBC in a statement. The company is also dealing with several antitrust lawsuits related to its search and ads business. He will be leading Google's Knowledge and Information division, which includes the company's search, ads and commerce products, Pichai said. He previously worked within the company's ads business unit.
Persons: Prabhakar Raghavan, Nick Fox, Sundar Pichai, Raghavan, Prabhakar, Pichai, Fox, Nick, Demis Organizations: Google, CNBC, Fox
Obama hasn't made an official campaign appearance since the Democratic National Convention. Despite being one of the nation's most popular Democrats, Obama has a distaste for partisan politics. She's instead focused on a nonpartisan voter registration organization she launched in 2018. Former First Lady Michelle Obama hasn't made an official appearance on Harris' campaign since speaking at the Democratic National Convention nearly two months ago. AdvertisementAccording to three of the sources, Obama will be involved in Democrats' "closing arguments" and begin campaigning publicly only when she'll have the biggest impact.
Persons: Obama hasn't, Obama, She's, , Kamala Harris, Donald Trump, Lady Michelle Obama hasn't, Harris, she's, Joe Biden, Barack Obama, Bill Clinton —, Beth Lynk, Lynk, Steph Curry, Selena Gomez, Jennifer Lopez, Tom Hanks Organizations: Democratic National Convention, Service, NBC News, Business Locations: Atlanta
As a condition of that deal, EverPass included the right to build its own commercial streaming connection for "Sunday Ticket," bypassing third-party licensing. 1) Some commercial establishments are switching to EverPass's internet product. 2) Some commercial establishments are cutting the cord on pay-TV in general. 3) Certain commercial establishments are using YouTube's "Sunday Ticket" and paying residential prices (about $500 per year) instead of the higher business rates. 3) Certain commercial establishments are using YouTube's "Sunday Ticket" and paying residential prices (about $500 per year) instead of the higher business rates.
Persons: Alex Sherman, DirecTV's, What's, EverPass, Lillian Rizzo, , Everpass, It's, Craig Kilborn, Val Ackerman, Ackerman, that's, We're, Alex, you've, they're, Jeff Shell, Tom Brady, Tom Wagner, CNBC's Michael Ozanian, Jessica Golden, Brady, He'll, Wagner, Warner, Jake Piazza, CNBC's Rizzo, Nielsen, That's, — Ian Charles, Arctos, Charles, NBC's Peacock, Christian Miller, Miller, Adam Silver doesn't, Jim Dolan, Abu, Greg Norman, Norman, Rory McIlroy, Tiger Woods, Chiney Ogwumike Organizations: CNBC, NFL, Google, YouTube, DirecTV, EverPass Media, RedBird Capital Partners, Amazon Prime, ESPN, Dish Network, Big East Conference, WNBA, Big, CNBC Sport, Skydance, Paramount Global, Shell, Paramount, Las Vegas Raiders, Knighthead, Raiders, Fox Sports, NBA, Warner Bros, Discovery, TNT, MLB, Los Angeles Dodgers, New York Mets, Mets, Revenue, League, Golden State Warriors, Boston Celtics, Philadelphia Phillies, Wall Street, Comcast, Puma, NBC News, U.S, SEC, New York Times, Sphere Entertainment, Saudi Arabia's Public Investment Fund, Sports Business, PGA, Chiney, Continent Foundation, Philadelphia Eagles, Kansas City Chiefs, Visual China, Getty, Big East Locations: Apple, New York, American, Boston , Philadelphia, Northern California, U.S, Abu Dhabi, Vegas, Queens, Africa, Newport Beach , California
Chen Teng left her corporate job in New York to move to South Korea in 2016. Now, she lives in a cozy loft and pays 870,000 Korean won, or $640, for rent each month. AdvertisementFeeling trapped at her digital marketing job in corporate America, Chen Teng made a spur-of-the-moment decision to quit and move to a different country. Related storiesHer budget was 10 million Korean won for her deposit, and then under 900,000 won a month for rent. Her rent is 870,000 Korean won, or $640, each month, and Teng paid a deposit of 10 million Korean won for the apartment.
Persons: Chen Teng, , Teng, weren't, There's, I'm, nothing's, I've Organizations: Service, Yorker, Seoul — Locations: New York, South Korea, Seoul, America, Asia, Korea, Mok, Korean, Brooklyn, Manhattan —, Zillow, New York City
A pro-Trump PAC has raised more than $7.5 million in cryptocurrency donations since June. Trump 47 PAC raised the amount in bitcoin, ether, USDC, and other cryptocurrencies, per FEC filings. AdvertisementA political action committee called Trump 47 has raised $7.5 million in cryptocurrency donations for former President Donald Trump's White House bid. According to Federal Election Commission filings on Tuesday, the Trump 47 PAC received donations in bitcoin, ether, XRP, and other cryptocurrencies. But in May, Trump hosted an event in Mar-a-Lago, where he said he would accept cryptocurrency donations for his campaign.
Persons: , Donald Trump's, Cameron, Tyler Winklevoss, Trump, I've, cryptocurrency, bitcoin, he'll, Marc Andreessen, Ben Horowitz, Andreessen Horowitz, Elon Musk, Kamala Harris, Mark Cuban, Cuban Organizations: Trump PAC, Trump, PAC, Service, Federal, Records, Liberty, AFP, Fox Business, United, FEC, America, America PAC — Locations: United States, Mar, Nashville
Exit Interview: Rhonda Morris
  + stars: | 2024-10-16 | by ( ) www.cnbc.com   time to read: 1 min
Rhonda Morris has been with Chevron for 31 years, serving as Vice President and CHRO since 2016. She has also been a WEC member since day one. In a candid interview, she'll reflect on the evolving role of HR leader; the challenges, the big wins, the lessons learned, and advice for the next generation. Rhonda Morris, Chevron VP and Chief Human Resources Officer, WEC Member
Persons: Rhonda Morris Organizations: Chevron, WEC, Chevron VP, Human
ALBUQUERQUE, N.M. — The way Leader Hakeem Jeffries sees it, House Democrats haven’t held the majority this Congress — but they’ve governed as if they did. Jeffries is hoping to win back the House majority with twin messages of “people over politics” and a promise to curb the chaos of the House GOP. And while he said that House Democrats will strive to work with “traditional Republican colleagues on any issue, whenever and wherever possible,” he sees Trump as different. What Democrats would doAs speaker, Jeffries would be responsible for setting the House’s agenda for the first time in his career. His predecessor, Pelosi, led House Democrats for 20 years both as the minority leader and as speaker.
Persons: Hakeem Jeffries, Democrats haven’t, we’ve, Jeffries, , Nancy Pelosi speakership, Katherine Clark of, Pete Aguilar, Gabe Vasquez, , Anna Padilla, Susan Wild, Kevin McCarthy, ” Jeffries, he’s, Kamala Harris, it’s, Trump, Donald Trump, MAGA, Mike Johnson, Pelosi, he'll, Harris, Harris ’, Roe, Wade Organizations: Democrats, House Democratic, NBC News, GOP, Democratic, Congressional District, Republican, Bloomberg, Getty, Brooklyn, , MAGA Republicans, Child Tax, House Democratic Caucus Locations: ALBUQUERQUE, N.M, Jeffries, Katherine Clark of Massachusetts, Pete Aguilar of California, New York, California, Albuquerque , New Mexico, Vasquez, New Mexico, Pennsylvania, United States of America
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