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☆ October is becoming the new Black Friday
▼ + stars: | 2024-09-20 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

Earth doesn't turn towards autumn until the equinox on Sunday, but that's not stopping America's retailers from kicking off the holiday season while the leaves are still green. Recent announcements from Amazon, Walmart, Target, and Best Buy have the second week of October shaping up to look like Black Friday. Related storiesAs just alluded to, the holiday shopping season should be shorter this year as Thanksgiving falls late (the fourth Thursday in November), pushing Black Friday all the way out to November 29. AdvertisementOf course, the Black Friday dam has been broken for years, with deals starting as soon as Halloween. AdvertisementEither way, this year's holiday shopping season is shaping up to be a marathon.

Persons: —, it's, what's Organizations: Service, Walmart, Target, Business, Amazon's Locations: Amazon

☆ '4-8 trillion RMB' needed in the hands of Chinese consumers to stimulate the economy: Barclays
▼ + 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 Email'4-8 trillion RMB' needed in the hands of Chinese consumers to stimulate the economy: BarclaysAjay Rajadhyaksha of Barclays breaks down the problems facing the Chinese economy and says that the government and central bank will continue to "muddle along" in trying to boost the country's economy.

Persons: Barclays Ajay Rajadhyaksha Organizations: Barclays

Learn moreI tried on similar pairs of straight-leg jeans at Abercrombie, J. The pair from Abercrombie fit nicely along my waist, but they were a bit too baggy in the legs. I loved the jeans I tried on at Madewell and ended up buying a pair. I tried on similar straight-leg jeans from the three contenders to compare each style based on the fit, fabric, variety of sizing options, and price. I was surprised by my favorite, but I took home a pair of jeans I'll be wearing regularly for the fall season and beyond.

Persons: J, Abercrombie, —, they're, I've Organizations: Business, Abercrombie, Service Locations: Madewell

☆ Georgia election board requires ballots be hand-counted despite warning from key GOP state officials
▼ + stars: | 2024-09-20 | by ( Marshall Cohen | Jason Morris | ) edition.cnn.com time to read: +5 min

CNN —Allies of former President Donald Trump who control the Georgia State Election Board approved a controversial new rule Friday requiring counties to hand-count the number of ballots cast at polling places on Election Day, despite bipartisan objections from election officials and poll workers. State Election Board member Janelle King, one of the three Republican members of the state election board who was praised by former President Donald Trump last month, told reporters before the meeting that the changes are necessary. “The overwhelming number of election officials that have reached out to me have been opposed to this,” State Election Board chairman John Fervier an independent who opposed the move, said before the vote. The state election board in Georgia does not certify the results of any election. The state election board also investigates election irregularities.

Persons: Donald Trump, Chris Carr, ” Elizabeth Young, Young, Brad Raffensperger, “, ”, we’re, it’s, Janelle King, ” King, John Fervier, Trump, Sara Tindall Ghazal, King, Raffensperger, CNN’s Sara Murray, Mounira Elsamra Organizations: CNN — Allies, Trump, Democratic, GOP, Republican, Georgia, CNN, Board, Peach State Locations: Georgia, ”, Peach

☆ A boomer who couldn't afford retirement in the US moved to Ecuador and said she's living an 'upscale life on a modest budget'
▼ + stars: | 2024-09-20 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +9 min

She said she went from stressing constantly about retirement to living comfortably, though life is at times lonely. "Between all those things, the result of that wonderful, exciting life was that I didn't save for retirement," Gretchen said. Living comfortably for cheaperWith $3,000 a month and a small brokerage account, Gretchen and her husband live comfortably in Ecuador. Gretchen Kay and her husband live in a newly built condo in Ecuador. In Utah, they paid over $1,000 a year in property insurance and about $1,000 in property taxes.

Persons: Gretchen Kay, Robert, Gretchen, Ecuador Gretchen, wasn't, she's Organizations: Service, Business, Walmart, Social Security, Mayo Clinic, Google Locations: Ecuador, Utah, Canoa, San Vicente, Moab, South America, Peru, Ecuador's, San Diego, Quito, Cuenca

And, like thousands of Haitians, he chose to settle in Springfield, Ohio, where his brother lived and the surrounding community made him feel safe and welcome. “That’s hard.”Vilbrun Dorsainvil speaks to CNN in Springfield, Ohio. “There are concerns for our safety and future,” said Madet Merove, a Haitian immigrant and United Methodist pastor who lives in Springfield. But that’s changed, she said, with the increase of Haitian immigrants. But despite the threats, Dorsainvil said he has reason to hope.

Persons: Vilbrun Dorsainvil, Dorsainvil, ”, “, fiancée, ‘, you’ve, Donald Trump, specter, CNN ‘, Madet Merove, Mike DeWine, Andy Wilson, ” Wilson, Springfield, Springfield Mayor Rob Rue, ” “, Rue, Biden, Margery Koveleski, Bryan Heck, Sen, Sherrod Brown, Heck, I’m, Koveleski, she’s, that’s, we’re, That’s, –, ” Corey Worden, Rachel Worden, Corey Worden, Trump, ’ ”, ” Dorsainvil Organizations: Springfield , Ohio CNN, CNN, Clark State College, United Methodist, Ohio Gov, FBI, ATF, Schools, Springfield Mayor, Springfield, Ohio Democrat, Patrol, “, Job, Talent, Springfield “, ” Locations: Springfield , Ohio, Haiti, United States, Ohio, Springfield, Haitian, Clark County, Nicaragua, Venezuela, Cuba, Macy’s, Springfield’s, New York City, ”

☆ Cramer's week ahead: New inflation data and earnings from Costco, KB Home
▼ + stars: | 2024-09-20 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

But regardless of the week's events, Cramer said the Fed's successful start to the easing cycle is leading the market in a positive direction. "We're in a rate cut cycle now, ok, it's very different from, from the last couple years. Next year should be better for the homebuilder than 2024 because the Fed is lowering rates, he added. Semiconductor outfit Micron will report earnings on Wednesday along with Cintas , which supplies a range of materials, including uniforms, to businesses. Retail grocery giant Costco reports on Thursday, and Cramer will be paying attention to which products are and aren't selling.

Persons: CNBC's Jim Cramer, Cramer, Raphael Bostic, Austan Goolsbee, Hewlett Packard Organizations: Costco, KB, Federal, Atlanta Fed, Chicago Fed, Apple, Semiconductor, Micron, Retail, Commerce Department

☆ Turkey central bank keeping rates on hold was 'the right call,' East Capital Group says
▼ + 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 EmailTurkey central bank keeping rates on hold was 'the right call,' East Capital Group saysEmre Akcakmak, head of frontier markets at East Capital Group, discusses the Turkish central bank's decision to keep its main interest rate steady at 50%.

Persons: Emre Akcakmak Organizations: East Capital Group Locations: Turkey, Turkish

☆ Germany won't sell more Commerzbank shares for now, finance agency says
▼ + stars: | 2024-09-20 | by ( ) www.cnbc.com time to read: 1 min

Germany will not sell any more shares in Commerzbank for the time being and the bank's strategy is "geared towards independence," the nation's finance agency said on Friday. The statement comes days after the Italian bank UniCredit announced it had bought a 9% stake in Commerzbank - from the German government as well as on the open market - and its chief executive said he wanted to explore a merger. The agency announced that at a meeting on Friday it decided it "will not, until further notice, sell any additional shares".

Organizations: UniCredit Locations: Germany, Commerzbank

☆ This under-the-radar stock in Nvidia's supply chain is a 'hidden gem,' Jefferies says
▼ + stars: | 2024-09-20 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

One global stock stands out as a "unique play" in the Nvidia and artificial intelligence supply chain, according to Jefferies. It's German semiconductor firm SUSS MicroTec , Jefferies said in a Sept. 17 report, calling it a "hidden gem" among European semiconductor firms. The investment bank initiated coverage of the stock at a buy rating and a target price of 76 euros ($84). The firm has "multi-layered exposure" to an advanced packaging technology called Chip-on-Wafer-on-Substrate, said Jefferies, explaining that it's used to make AI chips. SUSS sells its products to two major high bandwidth memory suppliers and TSMC, to be used in the production of that advanced packaging.

Persons: Jefferies, MicroTec, it's, SUSS, — CNBC's Michael Bloom Organizations: Nvidia, U.S, Jefferies, NVIDIA Locations: TSMC

☆ The 11 best shows and movies to watch this weekend, from Disney+'s new 'WandaVision' spinoff to Ryan Murphy's latest crime drama
▼ + stars: | 2024-09-20 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +1 min

Shows like "Agatha All Along," "The Penguin," and "Monsters: The Lyle and Erik Menendez Story" premiered this week. Movies including "Challengers" and "I Saw the TV Glow" are now streaming. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .

Persons: All, Lyle, Erik Menendez, —, It's, Agatha Harkness, Colin Farrell, Robert Pattinson's, Zendaya, Max Organizations: Service, Business

☆ Panthers-Raiders game marks a first for the NFL with two women presidents at the helm
▼ + stars: | 2024-09-20 | by ( Jessica Golden | ) www.cnbc.com time to read: +3 min

"I'm really proud of this moment," Carolina Panthers President Kristi Coleman told CNBC ahead of the game. The game is the first time two female presidents will go head-to-head in professional football. When the Carolina Panthers take on the Las Vegas Raiders on Sunday, it will mark a historic first for the National Football League. The NFL says 22 women currently hold full-time coaching positions in the NFL. As part of growing and developing that pipeline of women, the NFL holds an annual Women's Forum.

Persons: Kristi Coleman, David Tepper, Dave Canales, Coleman, Sandra Douglass Morgan, Mark Davis, Douglass Morgan Organizations: Carolina Panthers, CNBC, NFL, Las Vegas Raiders, National Football League . Carolina Panthers, Bank of America, Panthers, Tepper Sports & Entertainment, NFL League Office, The Institute, Diversity, University of Central Locations: Charlotte , North Carolina, Sport, University of Central Florida

☆ CNBC Daily Open: One day makes all the difference
▼ + stars: | 2024-09-20 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. "Recalibration" Fed Chair Jerome Powell's use of the word "recalibration" seemed to reassure investors that the central bank's 50 basis point cut wasn't that worrying. It signaled the Fed wasn't responding to a slowing economy, but shifting focus to ensuring employment doesn't dip further, wrote CNBC's Jeff Cox. At the end of Washington's song, she croons, "What a difference a day makes / And the difference is you."

Persons: BOE, Jerome Powell's, Jeff Cox, Dinah Washington, Oppenheimer, Brian Belski, Powell, –, Alex Harring, Fred Imbert, Hakyung Kim, Lisa Kailai Han Organizations: Nasdaq, CNBC, JPMorgan Chase, of England, Monetary, Fed, Dow, Nvidia, Apple, BMO Locations: New York, Dinah Washington . Washington

ANN ARBOR, Mich. — Battleground state election officials from both parties are pushing back against a falsehood that has proven pervasive ahead of the 2024 reaction: that noncitizens are voting in widespread numbers. The comments came as former President Donald Trump and his GOP allies have talked up efforts to crack down on noncitizens voting, which is already illegal. Maricopa County has sued seeking clarity on whether those voters can vote in state and local elections this fall. Republicans at the national and state level have fueled unfounded noncitizen voting claims in the run-up to this year's presidential election. Election officials said Thursday they were taking steps to debunk conspiracy theories ahead of the 2024 election.

Persons: Donald Trump, “, ”, Al Schmidt, Schmidt, they’re, Jocelyn Benson, Benson, ” Benson, —, Bob Bauer, Ben Ginsberg, Brad Raffensperger, ” Raffensperger, we’re, Mike Johnson, Ken Paxton, they're, it's, Karen Brinson Bell, It's, Stephen Richer, Katie Hobbs, Richer, Kim Pytleski Organizations: GOP, Department of Transportation, The, Republican, Republicans, Texas, Arizona Gov Locations: Mich, —, Pennsylvania, Philadelphia, Michigan, American, Arizona, Maricopa County, Georgia, Oconto County , Wisconsin

☆ The freebie phase of the 2024 campaign: From the Politics Desk
▼ + stars: | 2024-09-19 | by ( The Politics Desk | ) www.nbcnews.com time to read: +9 min

Among Black voters over 50, 89% said they back Harris, but for those under 50, that figure drops to 75%. Jim Pillen and about two dozen Republican legislators on behalf of the Trump campaign as part of an effort to change how Nebraska allocates its Electoral College votes. Jim Pillen and about two dozen Republican legislators on behalf of the Trump campaign as part of an effort to change how Nebraska allocates its Electoral College votes. Read more → 💻 Hacking fallout: Iranian hackers sent material they stole from Trump’s campaign to people associated with Biden’s campaign, according to the FBI. Read more →Iranian hackers sent material they stole from Trump’s campaign to people associated with Biden’s campaign, according to the FBI.

Persons: Jonathan Allen, Donald Trump, Kamala Harris, Mark Robinson, he’s, Trump, ransoming, Caroline Bruckner, ” Bruckner, Harris, She’s, “, ”, Charlie Dent, Read, Adam Edelman, Alexandra Marquez Mark Robinson, Robinson, Josh Stein, Kamala Harris ’, Stephanie Perry, Curtis Bunn, undecideds, Joe, Lin, Jim, teri, Ira Organizations: NBC, White House, Capitol, CNN, Trump, Social, Republican, NAZI, Democratic, Black, Howard University Initiative, Public, Biden Locations: Carolina, Washington, N.C, North Carolina, Black, Arizona , Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, bou

☆ How to take care of leather
▼ + stars: | 2024-09-19 | by ( Bethany Heitman | Bethany Heitman Is A Contributing Editor At Nbc Select. | ) www.nbcnews.com time to read: +9 min

According to textile and cleaning experts we spoke with, taking care of leather goes beyond simply wiping it down occasionally. To help you with your leather pieces, we got advice on how to best care for your leather and insight on what damages it and how to use a leather conditioner. | How to take care of your leather | How to use a leather conditioner | 5 highly rated leather conditioners | Why trust NBC Select? How to take care of your leatherThe good news: Taking care of leather is relatively easy. This non-toxic leather conditioner is free of harsh solvents and silicone and can be used on all leather items.

Persons: ”, Simon Elliott, you’ll, Elliott, Salvador Villarreal, Salvador, Bethany Heitman, TikTok Organizations: NBC, ., Clifton, Salvador Villarreal, Facebook, Twitter Locations: San Diego , California

☆ Zach Bryan apologizes to Swifties for drunkenly posting 'Kanye > Taylor,' deactivates his X account
▼ + stars: | 2024-09-19 | by ( Gabriella Rudy | Gabriella Rudy Is A News Associate For Nbc News. | ) www.nbcnews.com time to read: +4 min

Country music superstar Zach Bryan is in treacherous waters with Taylor Swift's fan-base after drunkenly posting a preference for Kanye "Ye" West over her on X. Before going dark, Bryan attempted to save his reputation, posting, "guys I love Taylor, was listening to TTPD ['The Tortured Poets Department'] last night and thank you aimee came on and I drunkenly tweeted that about Kanye. I love Taylor's music and pray you guys know I'm human and tweet stupid things often. He also responded to a fan asking him his favorite Swift song, saying, "August, for sure." Representatives for Bryan and Swift did not immediately respond to NBC News requests for comment.

Persons: Zach Bryan, Taylor Swift's, Kanye, Taylor, Travis Kelce, Bryan, aimee, Aimee, Kim Kardashian, Kardashian, I’ve, I’m, I've, Swift, Tim McGraw, Swift hasn't Organizations: Kansas City Chiefs, Poets Department, Kanye, Swift, Twitter, Department, NBC Locations: North West, Ye, Bourbon, Kentucky

☆ Stevie Wonder announces U.S. tour leading up to presidential election
▼ + stars: | 2024-09-19 | by ( ) www.nbcnews.com time to read: +2 min

Stevie Wonder has announced a 10-date U.S. tour for October in the days leading up to the presidential election titled “Sing Your Song! As We Fix Our Nation’s Broken Heart,” which echoes the title of his recent politically themed single. Last month, Wonder made a rousing appearance at the Democratic National Convention. “Now is the moment to understand where we are and what it will take to win: win the broken hearts, win the disenchanted, win the angry spirits — now is the time. “This is the moment to remember when you tell your children where you were and what you did … We must choose courage over complacency.

Persons: Stevie Wonder, They'll, Wonder, “, —, Van Andel Organizations: Wonder Productions, AEG, PPG Paints, Van, Democratic National Convention, PPG, Wells, CFG Bank, Greensboro Coliseum, State Farm, Little Caesars, Fiserv, Target, NBC Locations: Pittsburgh , Pennsylvania, New York City, Philadelphia, Baltimore, Greensboro, Atlanta, Detroit, Milwaukee, Minneapolis, Grand Rapids , Michigan, New York , New York, Madison, Philadelphia , Pennsylvania, Wells Fargo, Baltimore , Maryland, Greensboro , North Carolina, Atlanta , Georgia, Detroit , Michigan, Milwaukee , Wisconsin, Minneapolis , Minnesota, Rapids , Michigan

In the U.S. overall this year, a concerning, though not unprecedented, number of dengue, EEE and West Nile cases have been reported. “With climate change, we’re basically extending the mosquito season,” said Chantal Vogels, an assistant professor of epidemiology at the Yale School of Public Health. In the U.S., cases have outpaced those of West Nile virus, which is typically more prevalent. This year, Clark County, Nevada, has seen a particularly high number of West Nile cases: 23. “We consider New York state residents to be at risk for West Nile virus every summer,” she said.

Persons: Jennifer White, it’s, ”, ” Barbara Ferrer, Anthony Fauci, Chantal Vogels, Nirbhay Kumar, George Washington, “, Vogels, Nile, White, Thomas Jaenisch, ” White Organizations: Angeles County Department of Public Health, U.S, National Institute of Allergy, Yale School of Public Health, U.S ., Centers for Disease Control, George Washington University’s Milken Institute School of Public Health, World Health Organization, WHO, Southern, Southern Nevada Health, New York State Department of Health, Colorado School of Public Health, Gulf Locations: New York, U.S, California, Los Angeles County, EEE, West, New Hampshire, Vermont, Arizona , California, Florida, Hawaii, Texas, Puerto Rico, U.S . Virgin Islands, Los Angeles, West Nile, Clark County , Nevada, Southern Nevada, Massachusetts, New Jersey, Rhode Island , Vermont, Wisconsin, Gulf Coast

WASHINGTON — As president, Donald Trump slashed a lucrative tax break enjoyed by coastal donors and suburban swing-state voters. What shifted more than the economy is Trump's needs, said Caroline Bruckner, managing director of American University's Kogod Tax Policy Center. The reversal is one of a flurry of freebies that Trump and his rival, Vice President Kamala Harris, are offering voters in the stretch run before Election Day. Trump’s proposal to repeal the SALT cap, which is set to expire next year if Congress takes no action, would reduce federal revenue by $1.2 trillion over a decade, according to CRFB’s estimate. But many voters in those counties would stand to benefit considerably from a repeal of the SALT cap.

Persons: Donald Trump, he's, Trump, ransoming, Caroline Bruckner, Bruckner, Kamala Harris, Peter Zay, Harris, She’s, “, ”, Charlie Dent, ” Dent, ” Donald Trump, Jeff Kowalsky, Marc Goldwein, ” Goldwein, ” Harris, —, Donald Trump won’t, James Singer, Joe Biden’s, I’ve, it’s, Mark Cuban, Jackson, Biden —, Dent Organizations: WASHINGTON, Trump, Getty, Social, Foundation, Social Security, Democratic, CNBC, Tax Foundation, NBC News, Tax Locations: Washington, Anadolu, AFP, South Carolina, Mississippi, Harris, Manhattan, San Francisco, Silicon, Valley , Idaho, Aspen , Colorado, , Wyoming, Westchester County , New York, Fairfield County , Connecticut, Maricopa County, Arizona's, Philadelphia, Wilmington , Delaware, Montgomery, Chester, Delaware, Allegheny County

Trump is “immensely happy with JD’s performance,” said a person who speaks with Trump and is familiar with his thinking. “I didn’t discuss it with JD, in all fairness,” Trump said when pressed on the issue during his debate last week with Vice President Kamala Harris. “I know from experience, nobody speaks for Donald J. Trump except for Donald J. Trump, right?”“Vice President Pence viewed his role as a translator for President Trump to traditional Republican audiences,” a Trump ally said. 2Short also believes the relationship between Vance and Trump is different than the one Pence and Trump had prior to their falling out. “He loves that he has a smart person with balls who doesn’t only do Fox,” a person close to the campaign said.

Persons: Sen, JD Vance, Donald Trump’s, “, Trump, ” Vance, Vance weren’t, Vance, ”, Vance “, Garrett Ventry, Elise Stefanik, ” Trump, Mike Pence, Pence, Trump’s mildest, Kamala Harris, Marc Short, ‘ JD, ’ ” Vance, Dana Bash, “ He’s, Kari Lake, Marjorie Taylor Greene, podcaster Shawn Ryan, Joe Biden’s, Barack Obama, Brian Hughes, ” Hughes, Harris, Biden, recapping, obsequious Trump, —, Donald J, ” “, ” Trump’s, Mike, I’m, he’s, septuagenarian Trump, brags, Vince Lombardi —, JD, “ ‘ Lombardi, ’ Organizations: NBC News, Republican, Trump, U.S, Capitol, Press, CNBC, Arizona GOP, JD, NATO, Yale Law School, Green Bay Packers Locations: ‘, Springfield , Ohio, Raleigh , North Carolina, Springfield, “ State, Kari, Ukraine, Russia, America, Raleigh, Ohio

☆ Woman suffers third-degree burns while walking in thermal area in Yellowstone National Park
▼ + stars: | 2024-09-19 | by ( Antonio Planas | Antonio Planas Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

A 60-year-old woman received third-degree burns while walking in a thermal area in Yellowstone National Park in Wyoming this week, according to park officials. Visitors are urged to practice “extreme caution” in hydrothermal areas by staying on boardwalks and trails. Pets are prohibited on boardwalk and hiking trails in the backcountry and in thermal areas, according to the park service. And in March, actor Pierce Brosnan, best known for playing James Bond, was fined after he posted photos of himself standing on off-limits thermal areas of Yellowstone in the previous year. In August 2023, a Michigan man was charged with two federal misdemeanors after he burned himself in one of Yellowstone’s thermal areas, federal prosecutors said.

Persons: Pierce Brosnan, James Bond, “, ” Organizations: National Park Service, Eastern, Eastern Idaho Regional Medical, Visitors Locations: Yellowstone, Wyoming, Windsor , New Hampshire, Mallard, Eastern Idaho, Michigan

☆ Nintendo and The Pokémon Co. accuse Palworld game developer of patent infringement in new lawsuit
▼ + stars: | 2024-09-19 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Kahlan-Rosenblatt.Jpg | Kalhan Rosenblatt | ) www.nbcnews.com time to read: +3 min

Nintendo and The Pokémon Co. are suing the makers of Palworld, claiming the game infringes on the “Pocket Monster” franchise’s patents, according to a statement from Nintendo on Thursday. Representatives for Nintendo, The Pokémon Co. and Pocketpair did not immediately respond to requests for comment Thursday. Some players said they noticed that the characters in the game appear similar to those in the Pokémon franchise. Palworld is not the first indie video game to bear comparisons to other wildly popular games made by a major studio (often called triple-A studios). Steam data shows Palworld is the third-most-played game of all time on the platform.

Persons: Palworld, “, Pocketpair, ”, Sparkit, Fntastic, Takuro Mizobe, Palworld “, ” Palworld, Geoff Keighley Organizations: Nintendo, Court, Defendant, NBC News, “ Nintendo, Steam, “ Locations: Tokyo, TheGamer

The NAACP plans to spend $20 million encouraging Black Americans, a critical voting bloc in the presidential race, to turn out to vote across 12 states this fall. The NAACP’s campaign is not geared toward benefiting specific candidates, but rather is designed to broadly mobilize and educate Black voters ahead of the 2024 election. The group plans to engage more than 14.5 million Black voters. While Black voters traditionally overwhelmingly support Democrats, the margin of victory and turnout levels among the group can make a major difference. By comparison, exit polls across those same states showed President Joe Biden won 89% of Black voters, compared with 9% for Trump.

Persons: Georgia —, ” Derrick Johnson, ”, Kamala Harris, Donald Trump, Harris, Joe Biden Organizations: NAACP, Black Americans, NBC, Black, “, White House, Howard University Initiative, Public, Trump Locations: Arizona, North Carolina , Michigan, Nevada , Pennsylvania, Wisconsin, Georgia, Arizona , Georgia, Michigan, Nevada , North Carolina , Pennsylvania

Stocks surged to open Thursday trading in the wake of the Federal Reserve’s announcement that it was lowering interest rates by half a percentage point. The Fed’s cut was widely expected, but came in larger than many analysts were forecasting. “The continued decline in mortgage rates is giving the mortgage market a much-needed boost,” Bob Broeksmit, the president and CEO of the Mortgage Bankers Association, said in a statement. At the same time, a growing set of indicators suggest economic growth may have begun heading in the wrong direction. “The Fed has signaled a high sensitivity to labor-market weakness,” Nomura Holdings financial group said in a note to clients Thursday.

Persons: Stocks, Jay Powell, ” Powell, It’s, “, Bob Broeksmit, ”, Powell Organizations: Dow Jones, Nasdaq, Fed, Mortgage Bankers Association, ” Nomura Holdings, Wall Street, Bank of America Locations: U.S

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