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Trump defeated Democratic candidate Vice President Kamala Harris, and Republicans claimed a majority of the Senate in elections this week. "We know kind of where the world is headed in a Trump environment because we've seen it before," said Jeffrey Solomon, president of TD Cowen, on CNBC's "Money Movers" Wednesday. One M&A advisor, who also spoke to CNBC anonymously, noted that Trump's disdain for Big Tech companies — historically active deal-makers — might keep them on the sidelines. Apparent GOP opposition to the CHIPS Act means that semiconductor consolidation might be challenging, the advisor noted, while cautioning it is still too early to know what a Trump presidency would mean. That advisor noted that smaller banks had been getting gobbled up for "some time," but that the pace and size of those acquisitions would likely ramp up under a Trump presidency.
Persons: Donald Trum, Ronda Churchill, Donald Trump, Kamala Harris, Jeffrey Solomon, TD Cowen, Solomon, Trump, Lina Khan, Khan, Howard Gutman, Jonathan Miller, , Jared Holz, Mizuho, Sen, Elizabeth Warren, David Zaslav, David Grogan Organizations: Republican, Nevada GOP, Afp, Getty, Trump, Democratic, Republicans, Biden administration's Department of Justice, Federal Trade Commission, CNBC, Dow Jones, MorganFranklin Consulting, Big Tech, Qualcomm, Intel, Integrated Media, Pharmaceutical, Biotech, Illumina, FTC, Maze Therapeutics, Sanofi, Senate, DOJ, Allen & Company Sun Valley Conference Locations: Florida, Nevada, Las Vegas , Nevada, Ronda, Trump, Sun Valley , Idaho
Trump favors slashing the corporate tax rate to 15% from 21%. To find a group of beneficiaries from lower corporate tax rates, Goldman screened for stocks that have seen the highest median corporate tax rate over the past ten years. Companies on the list pay median corporate tax rates higher than the S & P 500 median of 21%. CEO Bob Iger's media company also has one of the highest ten-year median corporate tax rates found by Goldman, at 29%. Hilton has also paid a ten-year median corporate tax rate of 29%.
Persons: Donald Trump's, Goldman Sachs, David Kostin, Kostin, Trump, Trump's, Goldman, Disney, Bob Iger's, FactSet, Hilton Organizations: White, Goldman, Dow Jones, Nasdaq, U.S . House, GOP, Republican, Companies, DIS, Disney, Hilton Worldwide Holdings, FactSet, Delta Airlines, American Express
It was not immediately clear who sent the messages, and there is no complete list of whom they were delivered to. “My initial reaction was probably like disbelief, like I thought it was like a joke,” said Jones, who forwarded the text message to loved ones. The “racist and vile spam text messages” have also spread to Louisiana, Republican state Attorney General Liz Murrill confirmed said Thursday via X. And in Washington, DC, the attorney general’s office also is “aware of racist text messages being sent to residents there, condemning them unequivocally,” spokesperson Gabriel Shoglow-Rubenstein said. If you believe your safety is at risk, please contact local law enforcement,” he said in a statement to CNN.
Persons: , Derrick Johnson, ” Donald Trump’s, Karoline Leavitt, TextNow, , Talaya Jones, Jones, Alysa, Arleta McCall, ” McCall, Liz Murrill, Letitia James, Brown, Sam Burwell, Chloe Smith, Laura Bass, Gabriel Shoglow, Rubenstein, ” TextNow, Alayna Treene, Andy Rose Organizations: CNN, Authorities, NAACP, stoke, & Safety, Federal Communications Commission, FBI, Justice Department, ” University of Alabama, University of Alabama, Republican, Louisiana Bureau, Investigation, ” New York, Montgomery County Public Schools, KHOU, General’s Locations: United States, Alabama, Georgia, Maryland , Michigan , New Jersey , New York, South Carolina, Virginia, Louisiana, Nevada, Piscataway , New Jersey, New, Maryland, Montgomery County, Houston, Washington , DC, Hanna
The Pixel 9 Pro and Pixel 9 Pro XL are enhanced versions of the excellent Pixel 9. The new camera oval on the Pixel 9 Pro phones juts out more than the rear cameras of previous Pixel phones. The Pixel 9 Pro XL (left) has a 6.8-inch display, while the Pixel 9 Pro (right) has a 6.3-inch display. The Pixel 9 Pro XL, with a 6.8-inch display, is a no-brainer for anyone who prefers larger Google Pixel phones or larger Android phones. See our guides to the best Pixel 9 Pro XL cases and best Pixel 9 Pro cases for extra protection.
Persons: Google's, Antonio Villas, Rose, Hazel, it's, Villas, VRR, I'd, I'm, Max, ultrawide, you've, Gemini, It's, you'd Organizations: Business, Google, Pro XL, Amazon, Verizon, XL, Gemini, Boas, Apple, Samsung, Qualcomm, Samsung Galaxy, Galaxy
Intuit Dome wants to rewire fans’ habits and change the way they’re used to rooting for the home team. “It feels kind of like an NBA Disneyland, versus [Crypto.com Arena, the Clippers’ former home, shared with the Los Angeles Lakers] where it’s a multiteam, multisport arena,” said Oscar Burrows-Rangel, a longtime Clippers fan. Just as unique, however, are the design choices that earn less attention but also affect the customer experience, said longtime Clippers fans who attended the Oct. 23 regular-season opener, against Phoenix. He has said the number of toilets and urinals is three times the number in the average NBA arena. One of the most significant elements about watching a Clippers game that Ballmer aims to change involves what is heard, and what isn’t, in other parts of the building.
Persons: Steve Ballmer, Ballmer, Gary Coronado, , Oscar Burrows, Rangel, Ryan Sun, James Harden, Ivica Zubac, ” Burrows, Erica Okeith, ” Okeith, Kirby Lee, Kevin Durant, Okeith, Jason Holzgang, Holzgang, , checkouts, Daniel Albitres, Albitres, , ” Albitres Organizations: Intuit Dome, Los Angeles Clippers, Microsoft, Clippers, Los Angeles Times, Getty, NBA, Intuit, Los Angeles Lakers, longtime Clippers, Phoenix Suns, Farm, Phoenix, AP, Xbox, Los Angeles Sports Arena, AP Suns, Crypto.com, Suns Locations: INGLEWOOD, Calif, , Arizona, Atlanta, The, Golden State , New York, Boston
“As a Palestinian, I think it doesn’t matter,” said Riyad Awad, 61, in the central West Bank city of Ramallah on Wednesday. Some expressed deep concern over Trump’s victory, while others were curious about whether he might ultimately be the right figure to stop the fighting after months of failed U.S. efforts. “He said that he’s going to end the war,” said 19-year-old Hussam Alsharif, who was displaced from his home farther south in Gaza by Israel’s offensive. He has praised Russian President Vladimir Putin and incorrectly blamed Ukrainian President Volodymyr Zelenskyy for starting the war, while refusing to commit to sending more aid to the embattled country. Russia, said Maksym Kostetskyi, head of the Centre for Policy Making, a think tank based in Kyiv.
Persons: Fawaz, Netanyahu, Donald Trump ”, Joe Biden, ” Gerges, , , Brown, Gerges, , Israel, Trump’s, Riyad Awad, Khan Younis, Alsharif, Trump, Vladimir Putin, Volodymyr Zelenskyy, Maksym Kostetskyi, Zelenskyy Organizations: London School of Economics, Trump, Republican, West Bank, West, “ Republican, Democratic, NBC News, , Centre Locations: Trump , Washington, Gaza, Lebanon, Iran, U.S, Jerusalem, Israel, West Bank, Ramallah, ” Ukraine, Ukraine, Europe, Russia, Kyiv, , United States, America
Registered dietitians say that communal eating can help combat the negative effects of solo eating. Whereas, eating in a stressed or tense state, like while looking over work emails, can cause us to digest food improperly and overeat. Baum suggests initiating virtual meal dates with family or friends, potlucks, or neighborhood meals to mitigate our lonely eating time. AdvertisementBaum added that the simple act of being more social can lead to more opportunities for communal eating. For example, joining clubs or activities often leads to people eating food together afterward.
Persons: , mindlessly munch, we're, Laura Baum, Lesley Kumar, Baum, Kumar, Daniel Glazer, Glazer, it's Organizations: Service, Business, Research, University of Oxford
A screen displays the Nikkei 225 Stock Average figure on the trading floor at the Nomura Securities Co. headquarters in Tokyo, Japan, on Jan. 11, 2024. SINGAPORE — Asia-Pacific markets opened higher Wednesday after Wall Street surged overnight ahead of the U.S. presidential election results. Japan's Nikkei 225 opened up 0.7%, while the Topix gained 0.4%. The Bank of Japan's monetary policy meeting minutes will be released later in the day, which could give insights on where the members stand on the bank's policy path. Australia's S&P/ASX 200 rose 0.7% higher.
Persons: Kospi Organizations: Nomura Securities Co, U.S, Nikkei, People's Congress Locations: Tokyo, Japan, SINGAPORE — Asia, Pacific
President-elect Donald Trump is returning to the White House , and shares of regional banks are surging on his Election Day victory. Western Alliance Bancorp turned up on the list, with a dividend yield of 1.8% as of Tuesday's close. BPOP YTD mountain Popular shares in 2024 Provident Financial Services turned up on CNBC Pro's screen. Provident posted a profit of 36 cents per share, versus analysts' call for 47 cents a share, per FactSet. Shares are up more than 21% in 2024, and as of Tuesday's close, it had a dividend yield of 5%.
Persons: Donald Trump, Scott Siefers, Piper Sandler, Davidson's Gary Tenner, Tenner, Frank Schiraldi, Piper Sandler's Mark Fitzgibbon, Fitzgibbon, , Fred Imbert Organizations: White, Republicans, Regional Banking, CNBC, Western Alliance Bancorp, Western Alliance, Financial Services, Provident
US election news on a screen on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Nov. 6, 2024. Stock futures are near flat Wednesday night after a huge market rally following Donald Trump's decisive victory in the presidential election. Futures tied to the Dow Jones Industrial Average added 25 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures both traded marginally above flat. The Dow, S&P 500 and Nasdaq Composite all notched new all-time highs in the session, while the small cap-focused Russell 2000 jumped more than 5%.
Persons: Donald Trump's, Dow, Russell, Scott Helfstein, Jerome Powell's Organizations: New York Stock Exchange, Stock, Traders, Dow Jones, Nasdaq, U.S ., Global, CME Group's, Moderna, Warner Bros Locations: New York
What’s in Our Queue? John Coltrane and More
  + stars: | 2024-11-06 | by ( Dwight Garner | ) www.nytimes.com   time to read: 1 min
If I had to choose between Criterion’s catalog and TCM’s, I might go with the more ebullient latter. But Criterion now has a 24-hour feed. My wife and I have found it to be the ideal TV screen saver. When we pass through the living room, we catch invigorating snippets of Fellini, Chaplin, Varda. Sometimes we’ll even sit.
Persons: Fellini, Chaplin, Varda
The interior of a Xiaomi SU7 (Top) and a Tesla Model 3. CFOTO/Future Publishing via Getty Images/Costfoto/NurPhoto via Getty Images/TeslaThe SU7's cabin is high-tech and thoroughly modern. Atop its center stack is a massive 16.1-inch infotainment screen with smartphone mirroring. The entire in-car experience is focused on the Tesla's 15.4-inch central touchscreen, which serves as both the instrument display and its infotainment screen. As with all Teslas, the Model 3 comes with the company's signature Autopilot semi-autonomous driving tech.
Persons: Xiaomi Organizations: Tesla, Publishing, Getty Images, Getty, Xiaomi Locations: China
Memecoins surged early Wednesday on the back of election results that showed former President Donald Trump in a strong position to gain a second term. "Certain sectors that have buoyed prices, such as the renewed interest in memecoins, may experience major price movements as individual states report election results." In the lead-up to Election Day, memecoins and AI-related crypto tokens outperformed the overall crypto market. The sector of the crypto market is used as a measure of retail investors' risk appetite. The crypto market seemed to be positioning for a Trump victory Wednesday as investors monitored the results of the U.S. presidential election.
Persons: Memecoins, Donald Trump, Dogecoin, Shiba Inu, Chris Chung, Ryan Rasmussen, I'm, Trump, Chung, Elon, Nic Puckrin Organizations: Elon, Metrics, Titan, Solana, Bitwise Asset Management, CNBC, lotto, Trump, U.S, Securities, Exchange, of Government, Department of Government Locations: memecoins, bitcoin
Where Harris’ campaign went wrong
  + stars: | 2024-11-06 | by ( Edward-Isaac Dovere | ) edition.cnn.com   time to read: +14 min
It was a moment that encapsulated one of the biggest challenges facing her campaign – which, in the end, proved insurmountable. CNN spoke with over a dozen senior Harris campaign aides both in the Wilmington, Delaware, campaign headquarters and on the ground in the states, as well as multiple volunteers and local elected officials, over the course of the final weeks of the race. Vice President Kamala Harris makes her way to board Air Force Two before departing Dane County Regional Airport in Madison, Wisconsin on September 20. Biden could have taken on a role as steward and elder statesman, rather than a guy the Harris campaign never knew quite what do with. And those tensions manifested from almost the start of this short campaign, in the internal wrangling over who Harris should pick as her running mate.
Persons: Kamala Harris, Biden, , Hostin, Harris, didn’t, Joe Biden –, Donald Trump, Mandel Ngan, , they’d, Liz Cheney, Bill Clinton, Bad Bunny, Arnold Schwarzenegger, ” Sen, Cory Booker, ” Booker, , I’m, That’s, We’ve, Walz Harris ’, Lady Gaga, “ I’m, Biden hadn’t, Jen O’Malley Dillon, Barack Obama –, David Plouffe, , Stephanie Cutter, Josh Shapiro, Harris ’, Tony West, Shapiro, Tim Walz, Trump’s, Ohio Sen, JD Vance, Walz, Vincent Alban, Obama, outperforming Harris, he’d, Austin Steele, Cedric Richmond, “ We’ve Organizations: CNN, Republican, Democrat, Democratic, Air Force, Dane County Regional Airport, Getty, Israel, fumed, Democratic Party, Trump, GOP, The New, The New Jersey Democrat, Philadelphia Museum of Art, Barack, Pennsylvania Gov, Pennsylvania, Obama, Minnesota Gov, Reuters, White, Howard University, Howard Locations: Wilmington , Delaware, Dane, Madison , Wisconsin, AFP, Bucks County , Pennsylvania, The, The New Jersey, Canada, American, Wilmington, Philadelphia, Minnesota, West Ellis , Wisconsin, Delaware, North Carolina, Washington ,
From JD Vance Vance and his grandmother Bonnie, whom he called “Mamaw.” From JD Vance Vance poses for a portrait near the US Capitol in January 2017. Astrid Riecken/The Washington Post/Getty Images Vance appears on “Late Night with Seth Meyers” in March 2017. Gaelen Morse/Bloomberg/Getty Images Trump watches as Vance speaks at a rally in Youngstown, Ohio, in September 2022. Scott Olson/Getty Images Vance watches Trump speaks to the media at Manhattan Criminal Court in New York in May 2024. Jeff Kowalsky/AFP/Getty Images Vance speaks to the media in Atlanta after the CNN presidential debate between Trump and President Joe Biden in June 2024.
Persons: Ohio Sen, JD Vance, , Donald Trump’s, Vance, Trump, Usha Vance —, , “ America’s Hitler, Brenna, Bernie Moreno, Donald Trump's, Will Lanzoni, CNN He’s, Mike Pence, Joe Biden, Democratic Sen, Elizabeth Warren of, Vance Trump, Donald Trump Jr, Tucker Carlson, Florida Sen, Marco Rubio, Doug Burgum, Bonnie Vance, Lindsey, James, JD Vance Vance, Bonnie, Astrid Riecken, Seth Meyers ”, Lloyd Bishop, NBCUniversal, Sen, Rob Portman, Jeffrey Dean, Drew Angerer, Matt Gaetz, Marjorie Taylor Greene, Justin Merriman, Julia Nikhinson, Reuters Vance, Gaelen Morse, Jeff Swensen, Vivek, Usha, Ewan, Tim Ryan, Andrew Spear, Mitch McConnell, Markwayne Mullin, Ted Budd, McConnell, Katie Britt, Eric Schmitt, Graeme Sloan, AP Vance, Al Drago, Michael Swensen, Sherrod Brown, , ” Vance, Jabin Botsford, Mandel Ngan, Scott Olson, Spencer Platt, Jeff Kowalsky, Eva Marie Uzcategui, Brenna Bird, CNN Vance, Tim Walz, ” Will Lanzoni, Mike DeWine, ” DeWine, Kamala Harris —, Roe, ” Weeks, CNN’s Dana Bash Organizations: CNN, Republican, Trump, GOP, Marine Corps, Ohio State University and Yale Law School —, Fox News, Ohio’s Senate, Convention, Democratic, Republican National Convention, Trump’s, North Dakota Gov, Capitol, Washington Post, Senate, Republican Senate, Bloomberg, Getty, Reuters, Ohio, Fair, Mirabel, US, Sipa, AP, Senate Commerce, Science, Transportation, Palestine Fire Department, Conservative Political, Conference, Manhattan Criminal, Getty Images, CBS Broadcast Center, Ohio Gov, Republican Party, Democratic Party Locations: Ohio, Trump’s, Ohio’s, New York, Milwaukee, Ukraine, Elizabeth Warren of Massachusetts, Butler , Pennsylvania, Lago, Florida, Middletown , Ohio, Delaware , Ohio, Newark , Ohio, Greensburg , Pennsylvania, Columbus, Youngstown , Ohio, Batavia , Ohio, Vandalia , Ohio, Cincinnati, Columbus , Ohio, East Palestine , Ohio, East Palestine, National Harbor , Maryland, AFP, Detroit, Atlanta, West Palm Beach , Florida, Springfield , Ohio
But multiplex owners are hoping that “Wicked” and “Gladiator II” achieve something close as the pink-and-green musical and the Colosseum-set action epic land in theaters on Nov. 22. “The industry is looking at ‘Wicked,’ ‘Gladiator II’ and ‘Moana 2’ as a Holy Trinity of moviegoing,” says Robbins. Overall domestic box office revenues are down more than 11% from 2023 and nearly 27% from 2019, according to Comscore. Newer attempts like Steven Spielberg’s “West Side Story” remake, Chu’s “In the Heights,” “Dear Evan Hansen,” “Cats” and “The Color Purple” all fizzled at the box office despite being based on popular productions. “Gladiator II,” too, must prove to audiences there’s a reason to return to the arena a quarter century after the first film became a Colosseum-sized blockbuster.
Persons: Wesley Snipes, ” There’s, Barbie ”, “ Oppenheimer, ’ ”, Shawn Robbins, , King, , , Robbins, , Chris Aronson, “ Ralph, Grindelwald, Thanksgivings, Marvel’s, Chris Randleman, Ryan Gosling, Emily Blunt’s, Guy ”, Cynthia Erivo, Ariana Grande, Glinda, Barbie, Jon M, Steven Spielberg’s “, Evan Hansen, Ridley Scott, Paul Mescal, Pedro Pascal, Denzel Washington, Indiana Jones, ” Aronson, we’ve, Dwayne Johnson’s Santa Organizations: Trinity, Paramount, Disney, Denzel, Locations: , moviegoing, Turkey, Texas
He doesn't plan on giving his children smartphones until they leave home. Archer is part of a nationwide parents pact that aims to delay giving children smartphones. I have two children, one 9-year-old and one 7-year-old, and I'm not planning to give them smartphones until they leave home. AdvertisementI don't judge parents who already have given their children smartphones. Collective actionI recently signed up for the Smartphone Free Childhood Pact, a group of parents who pledge to delay giving their children smartphones.
Persons: Rob Archer, Archer, , I'm, you'll, we've, I've, they're, it's Organizations: Service, Pact Locations: London
Super giant TVs are flying off store shelves
  + stars: | 2024-11-05 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +3 min
XXL TVs – are becoming a huge hit as the cost of giant screens sinks sharply, and viewers look to replace the screens they bought during the peak of the pandemic a few years ago. Still, the growing popularity of XXL TVs could help Best Buy climb out of a series of downbeat quarters. Target, Costco and Walmart also have similar XXL TVs on sale ahead of the holiday season. XXL TVs are mirroring the growth of what four years ago were considered extra-large televisions: 65-inch models that customers scooped up during the pandemic. But with those now-four-year old televisions starting to get long in the tooth for some impatient customers, XXL TVs represent an attractive upgrade.
Persons: Corie Barry, ” Blake Hampton, ” Paul Gagnon Organizations: New, New York CNN, XXL, CNN, Target, Costco, Walmart Locations: New York, United States,
They also agreed in principle to bring new electric-vehicle battery plants into the national union contract. After negotiations broke down in early July 2023, Atlanta-based UPS reached a contract agreement with the Teamsters just days before an Aug. 1 deadline. The Culinary Workers Union announced on the social platform X that the deal came together after a year of negotiations. The lead up to the tentative agreement included a three-day strike involving 75,000 workers in multiple states. The tentative agreement also included protective terms around subcontracting and outsourcing, as well as initiatives to invest in the current workforce and address a staffing crisis.
Persons: Martin Luther King Jr, Bethany Khan, AFTRA, Longshoremen Organizations: Boeing, International Association of Machinists, Aerospace Workers, Cornell University's School of Industrial and Labor Relations, Cornell, Unions, UAW, Teamsters, Workers, United Auto Workers, Ford, General Motors, UPS, Teamsters UPS, Games, Screen, American Federation of Television, Radio Artists, Las Vegas Resorts, Culinary Workers Union, Las Vegas, MGM Resorts International, Caesars Entertainment, Wynn Resorts, Kaiser Permanente, Health Care Worker Unions Unions, Hollywood Studios, SAG, International Longshoremen’s Association, U.S . Maritime Alliance, Associated Press Locations: Seattle, America, Atlanta, housekeepers, Kaiser, California, U.S, East
CNN —Quincy Jones was known to generations of fans due to a career that spanned from the radio to the big screen and the small. Jones was not shy about talking about his extraordinary life experiences in numerous interviews or the 2018 Netflix documentary, “Quincy,” co-written and co-directed by his daughter, Rashida Jones. “The first music played on the moon,” Jones told the New York Times in 1990. The actor has asked Jones to come see a rough cut of the film “Bullitt” and McQueen brought Sebring along. “He said, ‘Man, did you hear about Jay?’ Because we all used to hang out together,” Jones said.
Persons: Quincy Jones, Jones, , , Rashida Jones, Frank Sinatra Jones, Frank Sinatra, Buzz Aldrin, ” Jones, Charles Manson’s, Charles Manson, Sharon Tate’s, Jay Sebring, Steve McQueen, Bullitt ”, McQueen, ‘ I’ll, I’ve, ’ ” Jones, Bill Cosby, Jay, , , ’ ”, Tate’s, Manson’s, Tate, Abigail Folger, Wojciech Frykowski, Steven Parent Organizations: CNN, Netflix, New York Times, GQ, Sebring Locations: Bel Air , California, “ Quincy, Angeles, Sebring, Sharon’s, ’ ” Sebring, Japan
But, in hindsight, I wish I'd dropped out just to save myself on my now-mounting debt. Since then, nobody has asked me about my college degree. AdvertisementI believe my best — and safest — bet would have been to switch to an online degree when the pandemic first hit. It just goes to show that sometimes, a bit of risk-taking can pay off; I wish I'd been bolder. I'll definitely chalk up my university experience as "You live, and you learn" territory; I still really enjoyed aspects of my college experience.
Persons: , I'd, I'm, I've, Little, it's Organizations: Service, Citadel
Search interest for "Travel Tuesday" rose more than 500% from 2021 to 2023, according to a report published by McKinsey & Company on Thursday. Searches are highest among American and Canadian consumers, but interest is also rising in Australia, the United Kingdom, Netherlands and Spain, according to McKinsey. "European travel companies can anticipate the possibility that Travel Tuesday will become a growing phenomenon in their region," McKinsey's report notes. Searches for "Cyber Monday" are far greater than "Travel Tuesday," but interest in the former is declining, it showed. "But unlike some of the impulse purchases consumers make on Black Friday, travel bookings can require more planning."
Persons: , Kristen Jennings, Ryan Mann, Mann Organizations: McKinsey & Company, McKinsey, Google, Bawah Reserve, McKinsey's, Logistics, Infrastructure Locations: Canadian, Australia, United Kingdom, Netherlands, Spain, North America, Western Europe, Singapore, Asia, Riau
In late-September reports, strategists at J.P. Morgan and Fitch Ratings had predicted two additional interest rate trims by the end of 2024 and expect such reductions to continue into 2025. The CME Group's FedWatch tool puts the probability of a 25-basis-point cut at this week's November meeting at 98%. The current probability of the benchmark rate being taken down by another 25 basis points at the December meeting is 78%. "The end of financial repression, of zero interest rates and zero inflation, that era is over. Interest rates will be higher, will be challenged around the world.
Persons: Brendan McDermid, Saudi Arabia —, aren't, Morgan, CNBC's Sara Eisen —, Goldman Sachs, Carlyle, Morgan Stanley, Jenny Johnson, Franklin Templeton, Larry Fink, " Fink, David Solomon, Ted Pick, Pick, Francis Fukuyama Organizations: New York Stock Exchange, Reuters, Wall, Federal Reserve, Fed, Fitch, Saudi, Future Investment Initiative, Standard Chartered, CNBC, U.S . Bureau of Labor Statistics Locations: Reuters RIYADH, Saudi Arabia, U.S, BlackRock
I'm a solo traveler who's been to every US state and national park. The beauty of Glacier National Park has brought me to tears on several occasions. I've also loved traveling to gorgeous places like Grand Teton National Park and Sedona, Arizona. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . As I started to travel more in my 30s, eventually to all 50 states and 63 major United States national parks, I found that not only did they all exist, but that there was an almost never-ending list of beautiful places.
Persons: I'm, who's, I've, Organizations: Service, United Locations: Park, Sedona , Arizona, Midwest, United States
Companies that buy the largest share of their goods from China could be damaged the most by plans to raise tariffs under another Trump presidency, according to Goldman Sachs. Goldman Sachs analyst Brooke Roach wrote, "53% of goods were sourced from China as of FY23, though the company is targeting mid-teens by FY24." Most analysts covering the name are neutral, although the average price target is approximately 12% above Best Buy's current price. Analysts are generally neutral on RH, with the average price target only 2% above where shares are currently trading. Analysts are also generally neutral on this stock, with the average price target indicating potential 3% downside over the next 12 months.
Persons: Trump, Goldman Sachs, Donald Trump, Brooke Roach, Roach, RH Organizations: Trump, Analysts Locations: China, Asia, Vietnam, Indonesia, India
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