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Al Pacino went from a $50 million fortune to almost nothing in the bank, he revealed in a new book. The "Scarface" actor spent too much, ignored his finances, and had an accountant who ultimately went to prison. AdvertisementAl Pacino went from $50 million to broke by spending too much, ignoring his finances, and using an accountant who ultimately went to jail for fraud. In a scene somewhat reminiscent of a mob movie, Pacino set up a meeting with the studio's boss and asked him to back down. "I had $50 million, and then I had nothing.
Persons: Al Pacino, Pacino, Adam Sandler, , who've, Sonny Boy, they'd, Donnie Brasco, he'd, there's, Al's, Jack, Jill, Michael Jackson, Mike Tyson, Diego Maradona, Dennis Rodman, Charles Barkley, Shay Shay, Louis Vuitton, Dior Organizations: Service, MGM Studios, MGM, New Yorker Locations: Europe
While the audio was out, Trump walked around the stage, occasionally talking with technical staff and rally attendees nearby. During the roughly 17 minutes there was no audio at the Trump rally in Detroit, there was a sign saying, "Technical difficulties. It’s bizarre and raises more and more concerns for voters,” said a Harris campaign adviser after the Pennsylvania rally. After the audio failure Friday night, Trump’s Detroit rally quickly turned into a standard event for the former president. Much of the event focused on illegal immigration, a typical focus of Trump’s campaign, and highlighted Detroit dignitaries like boxer Tommy "The Hitman" Hearns and rapper Trick Trick.
Persons: ” Donald Trump, Kamala Harris, Trump, ” Trump, I’ll, Mike Rogers, Rogers, Jake Traylor, , Harris, Trump’s, Tommy, Hearns, Kamala, “ Kamala Organizations: Trump, Michigan Republican, NBC, Pennsylvania, “ Voters, Spotify, White, NBC News Locations: Detroit, Pennsylvania, Trump’s Detroit, Ukraine
He chose a work-life balance over salary but his goal of starting a family was still out of reach. It took him 11 years and multiple strategic career moves, but he finally achieved the work-life balance he'd always wanted. AdvertisementAfter PwC, he took a position with Walmart's eCommerce division, which offered greater work-life balance but a major salary reduction. Still, Manalac felt his decision was well worth it because of the drastic improvements in work-life balance. If you work in Big Tech or finance and would like to share your work-life balance story, email Tess Martinelli at tmartinelli@businessinsider.com
Persons: Mike Manalac, Manalac, , He's, he'd, PwC, Walmart's, San, It's, Tess Martinelli Organizations: Service, Google, Walmart, Business, Baltimore —, Bay, Big Tech Locations: Area, Chicago, Baltimore, San Francisco, Silicon Valley, Bay, Nob, Michigan, Maryland, Big, tmartinelli
Sirens wailed Saturday morning in Israel, warning of incoming fire from Lebanon, including a drone launched toward Israeli Prime Minister Benjamin Netanyahu's house in Caesarea, the Israeli government said. Meanwhile, in Gaza, more than 50 people, including children, have been killed in several Israeli strikes, in less than 24 hours, according to hospital officials and an Associated Press reporter. Israel's emergency services said a 50-year-old man was killed after being hit by shrapnel while sitting in his car in northern Israel. At Al-Awda hospital in Jabaliya, in northern Gaza, strikes hit the building's top floors, injuring several staff members, the hospital said in a statement. The strikes knocked out internet networks in northern Gaza, said Paltel, the Palestinian communications company, on Facebook Saturday.
Persons: Benjamin Netanyahu, Mike Segar, Benjamin Netanyahu's, Yemen's, Hezbollah —, Iran —, Hassan Nasrallah, Israel, Bint Jbeil, Nasser Rashid, Yahya Sinwar, Iran's, Ayatollah Ali Khamenei, Khamenei, Sinwar's, Netanyahu, Sinwar, Abu Hamza, Paltel Organizations: Israel's, United Nations General Assembly, Reuters, Israel, Israeli, Associated Press, Hezbollah, Hamas, Palestinian Health Ministry, Indonesian, Aqsa Martyrs Hospital, Facebook Locations: U.N, New York, U.S, Israel, Lebanon, Caesarea, Gaza, Ben Gurion, Iran, Bint, Beirut, rearming, Beit Lahiya, Al, Jabaliya, Zawayda, Aqsa, Deir al, Palestinian
Related storiesIn the country's nine most competitive races, Democratic candidates raised an average of 2.8 times more than Republican candidates. AdvertisementAs of now, Democratic candidates have continued to lead in polling in every state where they're on defense — except for Montana. Tim Sheehy, the GOP Senate nominee in Montana, may be benefiting from the decline of "ticket-splitting." Eric Hovde, the GOP Senate nominee in Wisconsin, has poured millions into his own campaign. Republicans' "Senate Leadership Fund" raised $115.7 million in the most recent period, while Democrats' "Senate Majority PAC" raised $119 million.
Persons: they're, , Kamala Harris, Sen, Joe Manchin's, Donald Trump, JD Vance, Harris, they've, Democratic Sen, Sherrod Brown outraised, Bernie Moreno, Elissa Slotkin, Mike Rogers, Ruben Gallego, Kari Lake's, Ted Cruz, Colin Allred, Tommy Garcia, Philip Letsou, Jon Tester, Tester, Tim Sheehy, Sheehy, Michael Ciaglo, Trump, Democrat —, Eric Hovde, Tammy Baldwin's, Scott Olson, Dave McCormick, Moreno, There's, aren't, Brown Organizations: GOP, Service, Democratic, Senate, Republican, Democratic Rep, Republicans, Democrats, Democratic Senatorial, Committee, National Republican, Big, Montana Democrat, Trump, Democrat, Buckeye State, Jobs, Banking Committee Locations: West Virginia, Montana, Arizona, Nevada, Ohio, Texas, Harris, Democrat — Wisconsin, Wisconsin, Pennsylvania
"It would be detrimental to the construction industry and our labor supply and exacerbate our housing affordability problems," said Jim Tobin, CEO of the National Association of Home Builders. Brent Taylor President of Taylor Construction Group, Tampa, Fla.Nearly 11 million undocumented immigrants were living in the U.S. as of 2022, the latest federal data shows, down from an 11.8 million peak in 2007. The labor pool is tight already, with the U.S. construction industry still looking to fill 370,000 open positions, according to federal data. 'The math is just not there'There is evidence that foreign-born construction workers help keep the housing market in check. Undocumented workers would likely flee ahead of any national deportation effort, Hetrick said, even though many have been in the U.S. for well over a decade.
Persons: Mike Blake, Donald Trump's, Jim Tobin, Brent Taylor, Taylor, couldn’t, Stan Marek, Marek, Tobin, George W, Ron Hetrick, Hetrick Organizations: Reuters, National Association of Home Builders, Taylor Construction Group, Pew Research Center, NBC News . Industry, Sun, Companies, Bush Institute and Southern Methodist University, U.S Locations: Menifee , California, Tampa, Fla, U.S, Florida, Texas, Raleigh, Nashville, Houston, San Antonio
And it is senior military leaders who served under him that have most clearly sounded the alarm about Trump. When he became president, Trump staffed his cabinet with senior generals. Despite Trump’s bromance with the military, senior retired generals and admirals haven’t loved him back. We found that five times more flag officers, 255, were critical of Trump, while 54 supported the Trump administration. Given his longstanding loyalty to Trump, Kellogg will likely return to some senior role if Trump wins in November.
Persons: Donald Trump’s, Mark Milley, Bob Woodward, , Woodward, Jim Mattis, Milley, Trump, ” Trump, George Patton, Douglas MacArthur, Mattis, John Kelly, Michael Flynn, Trump’s, haven’t, , Donald Trump, Kelly, CNN’s Jake Tapper, McMaster, , Gen, Stanley McChrystal, Osama bin Laden, Kamala Harris, ” Unstated, McChrystal, Bill McRaven, , Mike Mullen, George Floyd “, Keith Kellogg, Mike Pence, Kellogg, Benjamin Netanyahu, ” Kellogg, didn’t, wouldn’t Organizations: CNN, Trump, Joint Chiefs of Staff, Pentagon, McMaster, Trump White House, Operations Command, The New York Times, Washington Post, Joint Chiefs, Israeli, , Fox News Locations: , New York, Vietnam, Washington , DC, Washington, New America
As more retirees start to claim Social Security, there are not enough workers contributing to the program to make up for that increase in benefit payments. But the trust fund Social Security relies on to pay retirement benefits is projected to be depleted in 2033. watch nowBoth presidential candidates — former president Trump and Vice President Harris — have vowed to protect Social Security benefits. "Seniors should not pay tax on Social Security," Trump wrote on July 31 in all capital letters on social media platform Truth Social. Ending taxes on Social Security benefits would move the insolvency date of Social Security's trust fund closer by over one year, according to the Committee for a Responsible Federal Budget.
Persons: Donald Trump, Kamala Harris, Allison Joyce, , Donald Trump —, Trump, Harris —, Jason Fichtner, Mike Blake, Howard Gleckman, Gleckman, Harris, Kevin Lamarque, Joe Biden, Biden, Governor Walz, Mia Ehrenberg Organizations: Art House Theatre, Bloomberg, Getty, Social Security Administration, Democratic, Republican, Social, Social Security, CNBC, Center, Alliance, Lifetime, Income, Trump, Reuters, ABC, Finance, Urban, Brookings Tax, Brookings, U.S, Union, Employers, Center for Economic, Research, Washington Democrats Locations: Fayetteville , North Carolina, Coachella , California, U.S, Detroit , Michigan
In three U.S. states, you'd need to spend six figures a year to live comfortably in retirement — far more than in most others, according to a recent GOBankingRates analysis. In contrast, retirees in West Virginia need just $58,190 a year — the lowest of any state. Over a 30-year retirement, the difference in savings needed between Hawaii and West Virginia would be over $1.25 million. A 20% cash buffer was added to this total to ensure retirees could live "comfortably," according to the study. Here's a breakdown of the three states where living comfortably will cost more than six figures, per GOBankingRates' calculations:
Organizations: of Labor Statistics Locations: Hawaii , California, Massachusetts, Hawaii, West Virginia
Hey sports fans: Harris and Trump want your voteBy Adam WollnerOctober is a sports fan's paradise. Rebecca Shabad and Peter Alexander report that Harris’ campaign launched ads Friday that will appear on websites dealing with sports news, sports betting, fantasy sports and video games, including DraftKings, Yahoo Sports and IGN. And the Harris campaign said it’s placing ads on sports talk radio and is taking advantage of major NFL, MLB and college football games. The ads end with the tag line: “Kamala is for they/them; President Trump is for you.”These efforts come amid the backdrop of a massive gender gap between the two candidates. The latest national NBC News poll shows Harris leading among women by a 14-point margin (55%-41%), while Trump is ahead with men by 16 points (56%-40%).
Persons: Adam Wollner, Kamala Harris, Donald Trump, Kristen Welker, , Harris, Trump, It’s, Rebecca Shabad, Peter Alexander, Magic Johnson, Ben Stiller, ’ ” Tim Walz, Rich, Jonathan Allen, Allan Smith, Olympia Sonnier, Ben Kamisar, Kamala, Joe Biden, won’t, don’t, Mike Pence, ” Harris, , Sen, Lindsey Graham, Josh Shapiro, alo, lea Organizations: NBC, White House, Capitol, MLB, NHL, NBA, Yahoo Sports, IGN, , Minnesota Vikings, NFL, NBC News, Voters, Republicans, House, Fox News, Pennsylvania Democratic Gov Locations: Michigan
GRAND RAPIDS, Mich. — Vice President Kamala Harris on Friday continued to steer clear of criticizing President Joe Biden, arguing that vice presidents not denigrating the commander-in-chief is an American tradition. "To be very candid with you, even including Mike Pence, vice presidents are not critical of their presidents. Harris dismissed her critics, including Trump, claiming that "joy" has disappeared from her campaign. NBC News has reached out to the Trump campaign for comment. Both Harris and Trump have been doing targeted media interviews in the final weeks of the campaign.
Persons: Kamala Harris, Joe Biden, Harris, Biden, Mike Pence, Donald Trump, Trump, It’s, Christine Romans, , she’s, Howard Stern’s, ” Harris, , Peter Alexander, Rebecca Shabad Organizations: NBC News, Republican, Medicare, Trump, NBC, Fox News, Boys, Univision, Bloomberg News, NBC News ’, Business, CNBC, CBS Locations: GRAND RAPIDS, Mich, American, Grand, Grand Rapids, Washington
About 54,000 have applied for low-interest loans from a disaster fund operated by the Small Business Administration, but the money has all dried up. The SBA disaster loan fund remains a major source of money for businesses obliterated by natural disasters, according to the Congressional Research Service. “While we await Congress to provide much-needed funding, we strongly encourage eligible businesses and households to apply for SBA disaster loans. " Before the funding ran out, about 750 had been approved to receive loan money totaling $48 million, according to the SBA. He's reluctant to apply for an SBA loan because of his precarious financial situation.
Persons: Lucious Wilson, Hurricane Helene, , , reconvenes, Isabel Casillas Guzman, Kristen Welker, Mike Johnson, Johnson, Wilson, he's, He's Organizations: NBC News, Wedge Brewery, Small Business Administration, Biden, NBC, SBA, Congressional Research Service, Press Locations: Asheville , North Carolina, Asheville, N.C
CNN —Special counsel Jack Smith on Friday released nearly 2,000 heavily redacted pages of documents in his 2020 election subversion criminal case against former President Donald Trump, revealing snippets of the evidence Smith relied on to charge the former president. The documents were released a day after Judge Tanya Chutkan rejected a bid by Trump to pause the release. Others include a myriad of claims of voter fraud during the 2020 election. The final volume includes memos from lawyer John Eastman with a plan for Pence to reject the congressional certification of the 2020 election. Prosecutors have charged Trump with four crimes stemming from his actions following his 2020 election loss, including conspiracy to defraud the United States and obstruction.
Persons: Jack Smith, Donald Trump, Smith, Trump, Mike Pence’s, , let’s, Coke, I’m, Tanya Chutkan, ” Chutkan, What’s, Here’s what’s, Pence, didn’t, John Eastman, Trump’s, Chutkan Organizations: CNN, White, Republicans, White House, Trump, Capitol, Prosecutors Locations: Georgia, Trump, United States
A federal judge has released additional evidence against Donald Trump in his election interference case. The release follows a previously unsealed motion with new evidence against Trump by special counsel Jack Smith. Trump tried to delay the release of Friday's court documents until after the 2024 presidential election. The collection is related to special counsel Jack Smith's 165-page bombshell motion that included a trove of new evidence against Trump in the case. Advertisement"That's exactly what I did," Bowers told committee member Adam Schiff during the June 19, 2022 interview.
Persons: Donald Trump, Jack Smith, Trump, , Tanya Chutkan, Jack Smith's, Smith, Brad Raffensperger, Chutkan, Mike Pence, Anna Moneymaker, Mike Pence's, Joe Biden's, Rusty Bowers, Ross D, Biden, Bowers, Adam Schiff, Bower's Organizations: Trump, Service, United States, Georgia, Prosecutors, Former Arizona, AP, Arizona House
Harris’ approach to the border: Trump falsely claimed of Harris: “She was saying the other day, ‘Yes, oh yes, we want to have a border.’ The first time she ever said it. The legal status of immigrants in Springfield: Trump falsely claimed, “They just dropped 30,000 illegal aliens in Springfield, Ohio.”This is false in more than one way. And while there is no official tally of the number of immigrants in Springfield, Trump’s “30,000” figure exceeds local estimates. More about immigrants in Springfield: Trump claimed that immigrants in Springfield are on “probation,” and he added, “Probation is for prisoners.” This is false in two ways. The word “caravan”: Talking about migrant caravans, Trump repeated his false claim that he invented the term: “The caravan.
Persons: Donald Trump, Kamala Harris ’, Harris, Trump, Joe Biden, , ” Biden, Alejandro Mayorkas, Biden, ” Harris, didn’t, , , it’s, , Kamala Harris, It’s, Hurricane Helene, Hurricane Milton, ” James Hathaway, that’s, they’re, “ That’s, Ohio Sen, JD Vance, Trump’s, Mike DeWine, Vance, Chris Cook, ” Roberto Briceño, ” Trump, ” Helen Fair, hasn’t, Mike Coffman, ” Coffman, They’ve, Honduras –, Barack Obama, Obama’s, Harris “, Aaron Reichlin Organizations: Washington CNN, White, Homeland, Trump, Biden, Department of Homeland Security, ICE, Immigration, Customs, FEMA, Federal Emergency Management Agency, Congress, House Republicans, Refugee, Asylum, University of Michigan, UN, YES, ” Republican Ohio Gov, New York Times, US, , CNN, Venezuelan, of, . Migrants, Democratic, Institute for Crime & Justice, Research, Birkbeck , University of London, Republican Aurora, Central, Customs Enforcement, El Salvador, Homeland Security, American Immigration Council, ICE hasn’t Locations: El Salvador, Guatemala, Honduras, United States, Texas, Arizona, Afghanistan, , That’s, Mexico, U.S, Springfield , Ohio, Univision, Springfield, Ohio, , Cuba, Vietnam, Hungary, Czechoslovakia, Lebanon, Venezuela, Caracas, Congo, Democratic Republic of Congo, Republic of Congo, United Kingdom, Colorado, Venezuelan, Aurora, America
Major banks like Goldman Sachs walloped Wall Street expectations thanks to dealmaking fees. Investment banking has made a comeback, and bigger bonuses are in the cards, too. The biggest banks on Wall Street reported a huge boost in dealmaking fees this quarter after a two-year slump. Investment bank revenue surged 30% on average at Goldman Sachs, JPMorgan, Bank of America, Citigroup, and Morgan Stanley, according to Wells Fargo analyst Mike Mayo. Morgan Stanley's investment bank revenue surged 56% year over year to $1.46 billion, beating Wall Street expectations.
Persons: Goldman Sachs, , Morgan Stanley, Wells, Mike Mayo, Sharon Yeshaya, Morgan, Global's Nathan Stovall, corporates, Stovall, David Ellison's Skydance, JPMorgan's Jamie Dimon, David Solomon, Mayo, Cole Smead, There's, Jon Gray, anecdotally, Gray, David Stowell, Stowell, I'm, it's, Alan Johnson Organizations: Investment, Service, Wall, JPMorgan, Bank of America, Citigroup, Citi, Mars, Paramount, David Ellison's Skydance Media, Wall Street, Smead Capital Management, Blackstone, Kellogg School of Management, Northwestern University, underwriters, Johnson Associates Locations: Wells Fargo, Mayo
Even though the Federal Reserve has begun cutting interest rates, it's still possible to lock in a competitive rate on a certificate of deposit. That means you could earn $400 to $500 on a $10,000 deposit in one year with a CD, compared with just $57 with a savings account. That's about the best interest rate you can find without investing the money, which carries a higher degree of risk. However, with a CD, the trade-off for a good interest rate is that your money is locked in for a set term of several months or years. "CDs are a great place for your cash if you don't need the money for a specific amount of time," says Jeremy Keil, a certified financial planner in Wisconsin.
Persons: Jeremy Keil Organizations: Federal Reserve Locations: Wisconsin
Rep. Andy Kim, D-N.J., slammed a Trump delegate for accusing him of wearing the North Korean flag on his tie during a New Jersey Senate debate this week. “Why is US Senate candidate Andy Kim wearing a North Korea flag on his tie tonight?” the delegate, Mike Crispi, wrote on X about Kim’s matchup Tuesday against Republican opponent Curtis Bashaw. … Why didn’t you wear an American flag tie?” Crispi said in the video, adding that the pattern resembled the North Korean and Costa Rican flags. “If elected, I’ll be first Korean American senator after 120 years of Koreans in America,” Kim wrote on social media. “Dear MAGA @MikeCrispi: That is not the North Korean flag,” Lieu wrote.
Persons: Andy Kim, Mike Crispi, Curtis Bashaw, Kim, ” Kim, Crispi, , ” Crispi, Dave Min, I’ll, ” Bashaw, Ted Lieu, , MAGA, ” Lieu Organizations: Trump, Korean, New, New Jersey Senate, Republican, NBC News, NBC, Democrat, Police Locations: New Jersey, Korea, Asian American, North Korea, Costa Rican, United States of America, United States, Orange County , California, America, East Coast, Korean
CAMP HILL, Pa. — Democrats have long tried to oust Rep. Scott Perry, the former head of the far-right Freedom Caucus and a staunch Donald Trump ally, in this Pennsylvania swing district. We need to be educated, we need to be safe, we need to be healthy,” she continued. And, you know, she just rattles it off,” Perry said, referring to the House Democrats’ campaign operation. On immigration, Stelson sounds much like Perry and Trump, calling for more border funding and deporting those who are in the country illegally. That takes more judges, more attorneys, and I think that people who are here illegally need to be sent home, as well."
Persons: Scott Perry, Donald Trump, Janelle Stelson, Perry, MAGA, , It’s, Trump, Joe Biden, Shamaine Daniels, Josh Shapiro, Scott Wong, “ It’s, ” Perry, She’s, “ She’s, Stelson, Andrea Mitchell, staving, Court’s Dobbs, Roe, Wade, Dobbs, ” Stelson, , doesn’t, hasn’t, Abigail Spanberger, Del, Eleanor Holmes Norton, Mike Pence, Jeffrey Clark, Mike Johnson, Johnson, Organizations: Democrats, Caucus, Capitol, Republican, Cornerstone, State Capitol, Democratic, National Democrats, Harrisburg City, GOP, NBC, House Democrats, MSNBC, ABC, WGAL, Hamas, Washington, Capitol Police, White, FBI, Intelligence Locations: HILL, Pa, Pennsylvania, Harrisburg, Pennsylvania’s 10th, Camp Hill, Washington, Iraq, Lancaster, , District, Dauphin, Cumberland
Market Navigator: Navigating potential weakness ahead for CSX
  + stars: | 2024-10-17 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarket Navigator: Navigating potential weakness ahead for CSXMike Khouw, OpenInterest.Pro chief strategist, joins 'Power Lunch' to discuss tracking weakness in the transports space.
Persons: CSX Mike Khouw Organizations: CSX
Most of the fake electors and election deniers did not respond to CNN’s request for comment. MichiganOut of the seven states Trump targeted in 2020, Michigan’s slate of Republican electors for 2024 has – by far – the largest share of election deniers and 2020 fake electors. Five of the 2020 fake electors from the state were tapped to serve as 2024 electors. Thanks to this hedged language, the 2020 fake electors in Pennsylvania weren’t charged. WisconsinTo settle a civil lawsuit brought by Wisconsin’s real 2020 Democratic electors, the state’s fake GOP electors from 2020 agreed to stay out of the 2024 election process.
Persons: Donald Trump’s, Joe Biden’s, Trump, , , Lindsey Miller, Mike Pence, Pence, Kamala Harris, Pete Hoekstra, Meshawn Maddock, Marian Sheridan, John Haggard, Timothy King, Amy Facchinello, Hank Choate, Donald Trump, Ryan Garza, Dana Nessel, Jim Tokarski, ” Linda Glisman, ” Andrew Sebolt, Bill Bachenberg, Carla Sands, wasn’t, Fred Keller, Samuel “ Jim ” Worthington, doesn’t, Biden, Michael McDonald, Jesse Law, John Locher, Bruce Parks, Parks, Biden’s, ” Parks, Caroline Jeffords “, Salleigh Grubbs, Suzi Voyles, Voyles, Josh McKoon, Laurie McClain, Loch, ” McClain, Wisconsin’s, Jeff Mandell, Angie Sapik, Nam, Sapik, Debbie Maestas, General Raúl Torrez, Gina Swoboda, Swoboda, ” CNN’s Ethan Cohen, Jason Morris, Scott Glover, Veronica Stracqualursi Organizations: CNN, Trump, Republican Party, Democracy, Republicans, Electoral, Justice Department, Michigan GOP, Capitol, Detroit Free Press, USA, Michigan, Democrat, Detroit News, statehouse, National Rifle Association, Democratic, Nevada GOP, Clark County GOP, Las, Las Vegas . Nevada GOP, Washoe GOP, Washington Post, Fulton, Cobb County GOP, Georgia Republican Party, NPR, Georgia Republican, Gwinnett County GOP, Georgia Republicans, GOP, Patriots, Wisconsin Watch, Wisconsin Center, Wisconsin Republicans, Facebook, New, New Mexico GOP, Republican National Convention, Prosecutors, Foundation Locations: Pennsylvania, Michigan, Wolverine, Michigan’s, Lansing, Denmark, Nevada, Clark County, Las Vegas . Nevada, Las Vegas, Washoe County, Washoe, Georgia, Fulton County, Cobb County, Gwinnett County, Wisconsin, China, Milwaukee, Madison, New Mexico New Mexico, New Mexico, Mexico, Arizona, Trump
The Small Business Administration ran out of funding for its disaster loan program on October 15. The lapse could slow recovery efforts by small businesses damaged by hurricanes Helene, Milton. The Small Business Administration said on October 15 that its disaster loan program had run out of money. In the meantime, Biden administration officials and business leaders are encouraging people to fill out applications for SBA disaster loans. Are you a business owner, homeowner, or renter affected by the SBA's pause in disaster loans?
Persons: Milton, , Helene, isn't, Kit Cramer, Cramer, Hurricane Helene, Hurricane Milton, Joe Biden, Hurricanes Helene, Mike Johnson, Biden, Isabel Casillas Guzman Organizations: Business Administration, SBA, Service, Asheville Chamber of Commerce, Hurricane, FEMA, Hurricanes, Republican, Chamber of Commerce Locations: Asheville, Hurricane, reconvene, Louisiana, Washington, Swannanoa , North Carolina
Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, Netflix's earnings report comes as Wall Street wonders if the king of streaming can keep its crown . Business Insider's Lucia Moses outlined investors' key questions about Netflix ahead of its third-quarter earnings call this afternoon. The NFL is coming to the streamer this Christmas, with Netflix showing two games on the holiday.
Persons: , Leapmoter, Chelsea Jia Feng, Business Insider's Lucia Moses, Alain Tascan, Jamie Squire, — Peacock, BI's Peter Kafka, There's, Patrick Mahomes, Lamar Jackson, Mike Kemp, Louis Vuitton, Christian Dior, iStock, Rebecca Zisser, Harris, Elon Musk's, Elon, Tyler Le, it's, Amy Powell, El, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, EV, Netflix, Epic Games, NFL, NBA, Getty, Louis, BI, Trump, House, SpaceX, Elon Musk's, California Coastal Commission, Paramount, NATO Locations: Europe, Swedish, California, Hollywood, El Mayo, Sinaloa, New York, London
Trump's lawyers argued in a court filing that evidence is being used in Kamala Harris ads. Trump's attorneys asked a judge to hold off on the release of documents until after the election. AdvertisementDonald Trump is fighting to delay another release of prosecutors' evidence in the 2020 election interference case against him. AdvertisementChutkan has previously admonished Trump's team for seemingly raising conspiracy theories in their arguments. Additionally, the court documents said that Trump replied, "So what?"
Persons: Donald Trump, Kamala Harris, , Trump's, Jack Smith, Tanya Chutkan, Harris, Chutkan, Smith, Trump, Mike Pence, Pence, President's Organizations: Service, United States, Democratic, Trump, Politico, Business
As a global leader in digital payments, Visa has 4.2 billion credit and payment cards in circulation across more than 200 countries. Through its advanced transaction processing network, VisaNet, the company facilitates payment authorization, clearing, and settlement, and it is one of the most remarkable and consistent growth stories around — along with fellow payment processing company Mastercard. The following chart illustrates its remarkably consistent growth since the pandemic plunge (which naturally suspended considerable economic activity). While a 30 P/E is higher than the market's, the S & P trades closer to 26 times earnings; Visa should trade at a premium. The ability for consumer spending growth to continue apace is limited, so presumably, topline growth will slow somewhat.
Organizations: Visa, Mastercard, DOJ, Nvidia, United Health, Southwest Airlines, CNBC, NBC UNIVERSAL
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