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☆ Evercore analyst says buy Apple on ability to beat low bar. We see no rush
▼ + stars: | 2024-10-14 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

Apple stock jumped Monday after a Wall Street firm touted the iPhone maker ahead of its quarterly earnings report. Analysts said Apple's stock may be able to advance higher on a late October earnings report that merely matches Wall Street estimates, so investors should be positioned accordingly. However, we do agree with Evercore's optimism on AI iPhone integration, and its ability to usher in an upgrade cycle for Apple's flagship device. But with our "own it, don't trade it" view still intact on Apple stock, it's acceptable for the upgrade cycle to get off to a slower start. "I'm for the elongated [upgrade] cycle," Jim Cramer said on Monday.

Persons: Apple, Apple's, Jim Cramer, Jim Cramer's, Jim, Tim Cook, Victor J Organizations: Apple, Street, Bears, Huawei, Apple Intelligence, CNBC, Apple Inc, Blue, Bloomberg, Getty Locations: China, New York

“Donald Trump believes he will be immune for anything he does once he’s in office,” Cheney, a fierce Trump critic, told moderator Kristen Welker. "Donald Trump believes he will be immune for anything he does once he’s in office," she said. Donald Trump loves tyrants. "JD Vance and Donald Trump both support a very isolationist foreign policy and an erratic and a chaotic foreign policy," Cheney added, referring to the former president's running mate. Cheney cited an internationalist foreign policy, including strong support for Ukraine in its defensive war against Russia, as an area where she agrees with Harris.

Persons: Liz Cheney, Trump, “ Donald Trump, ” Cheney, Kristen Welker, Kamala Harris, Donald Trump, Cheney, Mark Milley, Joe Biden, Bob Woodward, General Milley, Biden, people’s, JD Vance, Harris, who's, Mike Johnson, “, ” Johnson, Welker, Johnson Organizations: GOP, NBC, Press, Trump, Joint Chiefs, Staff, NBC News, U.S, Capitol, Ukraine, Russia, Fox News, Biden Locations: won’t

Bridgette Bello thought she’d taken proper precautions to protect against Florida’s notorious hurricanes, having purchased flood insurance as well as a separate hurricane-specific policy, in addition to her regular homeowners coverage. That’s because flooding caused much of the property damage — and most homeowners insurance policies do not cover any flood impact. A resident cleans the front of his mobile home in Sarasota, Fla., on Oct. 10 after Hurricane Milton. Eva Marie Uzcategui / The Washington Post - Getty ImThe insurance industry is categorizing Hurricane Helene as an almost entirely flood-driven event. The National Flood Insurance Program (NFIP), the government-backed plan covering 95% of flood insurance policyholders in America, only covers losses up to 50% of what it deems a property to be worth — not including the land that the property sits on.

Persons: Bridgette Bello, she’d, Helene, —, Milton, Bello, ”, “, Rick Tutwiler, Hurricane Milton, Eva Marie Uzcategui, Amy Bach, Mark Friedlander, Friedlander, adjusters, ” Friedlander, ” Patti Drew’s, Deborah, Drew, didn’t, “ I’m, Shane Ostrander, Ostrander, Kathleen Flynn, she’s, Martin Weiss, Weiss, Chip LaMarca Organizations: Associates, NBC, Hurricane, Washington Post, Insurance Information Institute, Federal Emergency Management Agency, FEMA, Flood Insurance, NBC News, “, Broward County Republican Locations: Madeira Beach, Tampa, Milton, Florida, Sarasota , Fla, “, Punta Gorda, Florida’s, Charlotte County, America, Fort Pierce, Fla, Orlando, Broward County

Almost half of young women have at least a bachelor’s degree compared to 37% of young men. That compares to 2008, when Barack Obama won the votes of 66% of young men. One of the biggest financial pressure points for young men has been higher rents, which are up around 20% since 2020. Young men are more likely to be financially dependent on their parents compared to young women, with 74% of women describing themselves as mostly financially independent compared to 62% of young men, according to a Pew survey. I think Trump will do better with young men than among young women — the gap will be pretty significant in terms of voter support — but I don’t think Trump’s going to win an overwhelming majority.

Persons: David Tasker, he’s, Donald Trump, “ Trump, Kamala, ” Tasker, ” Young, Tasker, it’s, ”, Dan Cox, Andrew Caballero, Reynolds, Richard Reeves, Reeves, “, Young, Kamala Harris, Harris, Barack Obama, Trump, Joe Biden, He’s, Melissa Deckman, Gen Z, they’re, Hulk Hogan, Chip Somodevilla, Hogan, Obama, “ I’m, I’ve, ” Obama, Spencer Platt, Biden, ” Reeves, Derek, You’ve, Sam Lilly, Lilly, “ I’ve, Emily Elconin, “ It’s, Cox Organizations: America, Democratic, Survey Center, American Enterprise Institute, Pew Research Institute, Renwick, Washington , D.C, AFP, Getty, American Institute for Boys, Democratic Party, Harvard Institute of Politics, Republican National Convention, Trump, Bank of America, Intuit Credit Karma, NBC, Bloomberg Locations: Pennsylvania, America, Washington ,, Milwaukee, Pittsburgh, Manhattan, Wisconsin, Royal Oak, Mich

☆ Crisis pregnancy center's forms give rare insight into anti-abortion practices
▼ + stars: | 2024-10-13 | by ( Abigail Brooks | Abigail Brooks Is A Producer For Nbc News. | ) www.nbcnews.com time to read: +13 min

The questionnaires, known as client intake forms, give rare insight into the practices of Sage and other crisis pregnancy centers and how they use ambiguous language to describe their services. These practices are typical for crisis pregnancy centers across the country, according to the American College of Obstetricians and Gynecologists. The tactics used at crisis pregnancy centers often create delays that leave women unable to access abortions, forcing them to continue their pregnancies. Most crisis pregnancy centers in the United States are affiliated with either Heartbeat International or Care Net, another anti-abortion network. Like Idaho, North Carolina provides state funding to crisis pregnancy centers.

Persons: Sage, Raúl Labrador, Law360, ”, Michelle Kuppersmith, “, It’s, Linda Prine, Prine, ” Prine, Jayme Trevino, Landy, it’s, ” Trevino, Sage Women’s, Willow, Andrea Trudden, ” Susannah Baruch, Julie von Haefen, she’s, ’ ” von Haefen, “ I’m, von Haefen Organizations: NBC News, Sage, Sage Women’s, Consumer Protection, American College of Obstetricians, Women’s, federal, Insurance, Guttmacher Institute, Heartbeat, NBC, International, Flom Center, Health Law, Biotechnology, Bioethics, Harvard Law School, Care, Democrat Locations: Twin Falls , Idaho, Idaho, Labrador, Colorado, United States, ” North Carolina, Raleigh, North Carolina

“The overall trend is unmistakable: The far right is gaining ground,” said Matthijs Rooduijn, a politics professor at the University of Amsterdam. But recent elections have seen the far right increasingly usurp centrist conservatives as the main right-wing force. “But that potential upper limit just keeps increasing.”The far right is “no longer second fiddle to the main right-wing party. Centrists can sometimes cobble together coalitions to keep out the far right — even if those parties are smaller individually. Whereas in France, Le Pen was kept from victory in June-July parliamentary elections by an intricate network of tactical voting between erstwhile rivals.

Persons: Donald Trump, remigrate, Geert Wilders, ”, Matthijs Rooduijn, ” Wilders, “, Le Pen, Wilders ’, Le, ” It’s, Björn Höcke, Jens Schlueter, Nadia Urbinati, Markus Wagner, ” Wagner, Jordan Bardella, Benjamin Girette, Herbert Kickl Organizations: U.S, Austria’s Freedom Party, NBC News, France’s National, Marine, University of Amsterdam, University of Georgia, London, Dutch Party for Freedom, France “, jihadists, NBC, Germany, Nazi, Ukraine —, Columbia University, Labour Party, ”, University of Vienna, France’s Rassemblement National, Bloomberg, Getty, Austrian People’s Party Locations: Germany, European, Europe, East, North Africa, France, Britain, “, Austria

☆ U.S. men's soccer begins Pochettino era with 2-0 friendly win over Panama
▼ + stars: | 2024-10-13 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

AUSTIN, Texas — Mauricio Pochettino arrived at Q2 Stadium to see posters and banners with his face around the grandstand and behind a goal. Pochettino was given a contract through the 2026 World Cup that the U.S. will co-host and is tasked with sparking a team that has not reached the World Cup quarterfinals since 2002. But when a new coach is coming, for sure a victory, and that’s what happened,” Panama coach Thomas Christiansen said. Mexican referee Katia Garcia was believed to be the first woman to referee a U.S. men’s national team match. Goalkeeper Zack Steffen, who hasn’t played for the U.S. since the last World Cup qualifiers in March 2022, did not dress because of what the U.S. Soccer Federation said was a minor injury.

Persons: Texas — Mauricio Pochettino, Yunus Musah, Christian Pulisic, Ricardo Pepi, ” Pochettino, “ It’s, Germain, Gregg Berhalter, Pochettino, Musah, ” Musah, Antonee Robinson, Michael Murillo, Brenden Aaronson, César Blackman, Orlando Mosquera, “, He’s, ”, Pulisic, “ He’s, ” Pulisic, Sergiño Dest, Tyler Adams, Gio Reyna, Tim Weah, Balogun, Malik Tillman, Matt Turner, Haji Wright, Pepi, —, Turner, Puma Rodríguez’s, Bárcenas, Panama’s José Fajardo, ” Turner, Panama, Weah, Thomas Christiansen, ” Tim Ream, Preki, Josh Sargent, Katia Garcia, Zack Steffen, hasn’t, Marlon Fossey, Weston McKennie Organizations: AC Milan, Panama, Mexico, Tottenham, Chelsea, Paris Saint, Copa America, Serie, U.S, ”, Iran, men’s, U.S . Soccer Federation Locations: AUSTIN, Texas, Guadalajara, U.S, Paris, American, Austin, ” Panama, Mexican

☆ Stanley cups are 'on the way out' along with skinny jeans, wealthy teens say
▼ + stars: | 2024-10-13 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +5 min

At the same time, the brand's popularity may have peaked and is "on the way out," teens said in the firm's annual survey. While Stanley's multi-colored insulated cups still have considerable caché, upper-income teens told Piper Sander that the products could soon see the same fate as skinny jeans. Upper-income male teens surveyed ranked Stanley cups as their fifth-most fashion trend on the way out. Keith told Business Insider the survey's fashion trend question is open-ended, meaning that respondents are not prompted by a list of options. "They really kind of struck gold with these larger, thick cups, with the handle and a straw," Keith told BI.

Persons: Piper Sandler, Stanley, —, Piper Sander, Peter Keith, Alexia Morgan, Keith, doesn't, weren't, Piper Sandler's, Morgan, hasn't, Dominick Organizations: Service, CNBC, PMI

☆ Trump or Harris? Here are the 2024 stakes for airlines, banks, EVs, health care and more
▼ + stars: | 2024-10-13 | by ( Hugh Son | ) www.cnbc.com time to read: +18 min

Former President Donald Trump and Vice President Kamala Harris face off in the ABC presidential debate on Sept. 10, 2024. The previous Trump administration didn't pursue those types of consumer protections. In contrast, Democrats, including Harris, have historically supported EVs and incentives such as those under the Biden administration's signature Inflation Reduction Act. Meanwhile, Harris, if elected, can build on existing efforts of the Biden administration to deliver savings to more patients, they said. Trump also led multiple efforts to repeal the Affordable Care Act, including its expansion of Medicaid to low-income adults.

Persons: Donald Trump, Kamala Harris, he's, Harris, Joe Biden's, Trump, Pete Buttigieg, Jonathan Kletzel, didn't, — Leslie Josephs Banks Big, JPMorgan Chase, Biden, Tobin Marcus, it's, Sen, JD Vance, they're, Lindsey Johnson, Hugh Son, Pablo Di Si, EVs, Joseph Spak, Harris hasn't, Mike Wayland, Drugmakers, Trump hasn't, Mariana Socal, Annika Kim Constantino, David Zaslav, John Malone, Time Warner, Simon, Simon & Schuster, Marc DeBevoise, Jonathan Miller, Elon Musk's, Musk, I'm, MAGA, I'm Dark MAGA, —, TikTok, — Lillian Rizzo, Alex Sherman, Michael Lynn, — Amelia Lucas Organizations: ABC, Getty, U.S, Trump, Treasury, Justice Department, Federal Trade Commission, Consumer Financial, Bureau, CNBC, The Biden Department of Transportation, Democratic, American Airlines, JetBlue Airways, Spirit Airlines, Industry, Boeing, JPMorgan, Securities and Exchange Commission, Currency, Federal Deposit Insurance Corporation, Biden, Wolfe Research, Bank, Republican, Bankers, Democratic Party, Consumer Bankers Association, Republicans, Volkswagen Group of America, Automotive News, Environmental Protection Agency, UBS, Mike Wayland Health, Commonwealth Fund, Medicare, Johns Hopkins Bloomberg School of Public Health, Annika Kim Constantino Media, Paramount Global, Skydance, Warner Bros, Discovery, Allen & Co, Sun, Media, Disney, Fox Corp, Time, Simon &, Random, MGM, FCC, Integrated Media, Twitter, Capitol, White, Lawmakers, Meta's Facebook, Alex Sherman Restaurants, National Restaurant Association, National Labor Relations Board, Social Security, Washington Post, Cornell University Locations: United States, PwC, JetBlue's, U.S, China, Ohio, Michigan, California

The inmate’s attorneys call that a misdiagnosis – and also discredit shaken baby syndrome on its face, despite broad consensus among pediatricians it is legitimate. The shaken baby syndrome diagnosis from doctors and nurses, their emotional response to Nikki’s condition and Roberson’s odd reaction all stacked against the then-suspect, said Wharton. “There really is not a controversy in medicine about the existence of abusive head trauma. Just this month, the Texas Court of Criminal Appeals ordered a new trial for a man sentenced to 35 years in prison after being convicted of injury to a child in a case that also relied on a shaken baby syndrome argument. Without shaken baby syndrome, he said, “there’s nothing that’s chargeable here.

Persons: West, Robert Roberson, Nikki Curtis, Roberson, Nikki, ” Roberson, John Grisham, Brian Wharton, Wharton, ”, “, Robert, pediatricians, Dr, Lee Savio Beers, Sandeep Narang, ” Narang, They’ve, Greg Abbott, Nikki Curtis Roberson, ’, Nikki’s, Janet Squires, Squires, ” Squires, Narang, Roberson’s, –, Larry Bowman, Nikki –, ‘, Sciences –, Kate Judson, it’s, ” Dr, Antoinette Laskey, Laskey, he’ll, he’s, I’ll, “ Unforgiveness, he's, Ashley Killough, CNN Wharton, Gretchen Sween, ” Wharton, We’re, LaMotte, Stephanie Becker Organizations: West Livingston CNN, CNN, American Academy of Pediatrics, US Centers for Disease Control, CDC, American Association of Pediatrics, AP, US Army, National Registry, Appeals, SBS, Board, Republican Gov, Integrity, Sciences, American Academy of Pediatrics ’, Child, Texas Department, Criminal, New York Times Locations: West Livingston CNN — Texas, Texas, United States, Roberson’s, Palestine , Texas, ”, Livingston , Texas, Anderson County, Dallas

☆ Why economists and strategists still say a recession is postponed, despite a startling inflation report
▼ + stars: | 2024-10-13 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

Contradictory messages about inflation and the labor market have investors on guard. Price growth is slowly falling from its peak, but it exceeded expectations in September after a hot reading in August. AdvertisementInflation is a threat that won't sink the economyWhile there's plenty of economic data to get excited about, persistent price growth is a problem. "If we're going to be data dependent, we have to at least look at the data," Sosnick said. Higher-than-hoped inflation is rarely compatible with an economic downturn, so if price growth does persist, it likely won't be in an earnings-crushing contraction.

Persons: —, Steve Sosnick, they've, John Kerschner, Janus Henderson, Sosnick, Preston Caldwell, Morningstar's, Jim Baird, Plante, Baird, Joe Quinlan —, Skyler Weinand, Regan, Weinand, We've Organizations: Service, US, of Labor Statistics, Federal Reserve Bank of Atlanta, Interactive Brokers, Business, Manufacturing, Index, Janus, Janus Henderson Investors, Equity, Financial, Merrill, Private Bank, Bank of America, Regan Capital, Fed Locations: China

☆ ‘We have your location’: The Taliban death threats hounding this Afghan woman
▼ + stars: | 2024-10-13 | by ( Joseph Ataman | Li-Lian Ahlskog Hou | ) edition.cnn.com time to read: +8 min

“They do not exist.”Her countrywoman Manizha Talash was disqualified from this year’s Paris Olympics after unveiling a cape with the message “Free Afghan Women” during the breakdancing events. She was removed from the competition for making a “political protest.”Hamidi has been bombarded with death threats since criticizing Afghanistan's men's cricket team. Li-Lian Ahlskog Hou/CNN“With these three words I spoke with all the world and asked them, please, let’s do some practical action for Afghan women. “They are the Taliban team for me, not the Afghan team,” she said, a similar accusation she has leveled against the Afghan cricket team, calling for Afghan sports teams to be banned from the Olympics, following bans on South Africa during the apartheid era. The term gender apartheid was first used by Afghan women in the late 1990s during the first Taliban regime.

Persons: Paris CNN —, ”, “, It’s, Talash, ” Hamidi, Afghanistan's, Li, Lian Ahlskog Hou, ” Manizha, Kimia, Hamidi, Robert Cianflone, Richard Bennett, Bennett, Afghanistan’s, Marzieh Hamidi, ” Hamidi’s, Ines Davau, UN’s Bennett, she’s, ” Davua, ” Davau Organizations: Paris CNN, didn’t, CNN, “, Tokyo Games, Our, Afghan, Taekwondo, Taliban, Afghanistan Cricket Board, country’s Taekwondo, UN, Cricket, country’s, Afghan men’s, Tokyo Locations: Afghan, Paris, Afghanistan, Azerbaijan, South Africa, France, Europe, Kabul

The company has faced mechanical problems, lawsuits, a leadership shake-up, and layoffs. Here's a breakdown of how Boeing's year has gone from bad to worse. 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 . Here's a breakdown of how Boeing's year went from bad to worse.

Persons: —, Here's Organizations: Boeing, Service, Alaska Airlines, Business

☆ I'm a mom of 6 and would have more kids if I could afford them. Our house is full of laughter and chaos, but I love it.
▼ + stars: | 2024-10-13 | by ( Nicole Schildt | ) www.businessinsider.com time to read: +4 min

I'm now a mom of six kids, and I find it so easy to have a big family. I love having a massive family, especially having grown up with just one sibling. My kids love each otherOur kids, aged 18, 11, 6, 4, almost 2, and 4 months old, are each other's built-in best friends. Having a big family doesn't just mean more work; it also means more people to share in life's adventures. Ultimately, our house is filled with laughter, "I love yous," and yes, a bit of chaos.

Persons: I'm, —, I've, she'd, you've, you'll, you'd Organizations: Service

☆ Floridians detail Hurricane Milton and Helene’s toll on their mental health
▼ + stars: | 2024-10-13 | by ( Ramon Sanchez | Ray Sanchez | ) edition.cnn.com time to read: +10 min

The surging floodwaters from Hurricane Milton poured in through the windows late Wednesday and their refrigerator slowly floated away. Even after floodwaters subside, the stress and anxiety can lead to lingering mental health challenges. Storms can exacerbate existing mental health problems or lead to new ones. Concerns about the mental health effects of back-to-back disasters come as researchers predict more frequent extreme weather events. But research suggests the hurricanes will make people more vulnerable to mental health problems and likely make it harder for them to recover, she said.

Persons: Amber Henry clutched, Milton, ” Henry, Helene, Hillsborough County Sheriff Chad Chronister, ” Chronister, Hurricanes Irma, Michael, ”, Dana Rose Garfin, “, ” Garfin, Hurricane Milton, CNN “, Chronister, they’ve, Ning Lin, Sara Lesker, Henry, Gail Saltz, Kayla Lane, ” Lane, Lane, Fine, ” CNN’s Isabel Rosales, Ashley R, Williams, Christina Zdanowicz, Amanda Jackson, Emma Tucker, Cindy Von Quednow, Cheri Mossburg, Chelsea Bailey, Caroll Alvarado, Rebekah Riess, Devon Sayers, Mary Gilbert, Andy Rose, Zoe Scottie, Taylor Romine, Paradise Afshar Organizations: CNN, Hurricane Milton, Sunshine State, Hillsborough County Sheriff, Hurricanes, UCLA, League, Tropicana, Hurricane, Princeton University, Social, New York Presbyterian Hospital Locations: Lakeland , Florida, Tampa, wasn’t, Hurricane, Florida, Hillsborough County, Valrico, Lithia, Siesta, Florida’s, Pinellas, Hillsborough, Manatee, Sarasota counties, downtown St, Petersburg, Bradenton, Gulf, St . Petersburg, Long, New York, Lakeland, Bartow , Florida, Paradise

☆ Don't let September's jobs report fool you — the labor market is still deteriorating at a worrying rate, economists warn
▼ + stars: | 2024-10-13 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Small businesses also face tight credit conditions and are slowing hiring. AdvertisementThe September payrolls report seemed to switch the investor narrative around the labor market on a dime. Given the usual lags involved between changes in rates and activity, things will probably get worse for small businesses before they get better." "The labor market is not out of the woods just yet, and I continue to see another hiccup in the jobs market before year-end," Dutta wrote. AdvertisementStill, it's unclear how much pressure the labor market will come under in the months ahead.

Persons: —, bearish David Rosenberg, Rosenberg, Merrill Lynch, Samuel Tombs, Tombs, Neil Dutta, Dutta Organizations: Service, Fed, September's, Rosenberg Research, Pantheon, Macro Research, The Conference Board

☆ A basic income program funded by descendants of slave owners provides $1,000 a month as a form of reparations
▼ + stars: | 2024-10-13 | by ( Katie Balevic | ) www.businessinsider.com time to read: +7 min

Buck and Gracie Close are funding a basic income program for victims of unjust policing. They view the program as a form of reparations for their family's history as slave owners. Small-scale guaranteed basic income programs have sprouted around the country in recent years, inspired in part by the success of pandemic-era cash handouts. These basic income programs offer unrestricted cash payments to specific groups of vulnerable low-income residents for a limited time period. The programs differ from a universal basic income, which would offer regular cash payments to all residents regardless of their financial status.

Persons: Buck, Gracie, —, Buck Close, they've, Maggy Baccinelli, Baccinelli, enslavers Organizations: ACLU, Service, American Civil Liberties Union of Louisiana, Confederate, Herald Locations: Louisiana, North Carolina, Washington, Fort Mills, Rock, South Carolina

Even as swing-seat Republicans attempt to paint a more nuanced view of the GOP’s stance on abortion, the national party has often muddled that message. “You can’t hide from it,” said Rep. Kelly Armstrong, a Republican from North Dakota, reflecting on the lessons Republicans learned in the 2022 midterms. Hudson accused Democrats of “creating a false and distorted impression” of the GOP’s abortion position in the 2022 midterms and attacked Democrats for espousing their own “extreme” views on the issue. Since then, Chamberlain has used her own polling to help convince key swing-seat House Republicans to shift their approach. “This is a desperation move by Republicans,” said House Democrats’ campaign chief, Rep. Suzan DelBene of Washington state.

Persons: Manu Raju, ”, John Duarte, Tom Kean Jr, Matt Gunderson, Bill, ” Gunderson, Mike Levin, Melania Trump, —, Donald Trump’s, Sen, J.D, Vance of, it’s, Zach Nunn, Kelly Armstrong, “ He’s, ” Levin, Gunderson, “, Mike Johnson, he’d, Roe, Richard Hudson of, they’ve, Hudson, ” Hudson, Sarah Chamberlain, Chamberlain, ” Chamberlain, Joe Kent, Kent, Marie Gluesenkamp Perez —, Nunn, Lanon Baccam, PAC —, Levin, Suzan, Marc Molinaro, Molinaro, ” Molinaro, hasn’t, Dobbs, Duarte, ” Duarte, Trump, Juan Ciscomani, Ciscomani Organizations: House Republican, Washington CNN — Republicans, GOP, Democratic, House Democrats, Republican, Republicans, CNN, Republican Mainstreet, — Democratic, PAC —, PAC, Democrats, New York Republican, California Republican Locations: Tucson, Des Moines, Syracuse, Central Valley, New Jersey, San Diego, Mexico, Vance of Ohio, Iowa, North Dakota, New York, California, Richard Hudson of North Carolina, North Carolina, Virginia, Washington, Florida, Arizona

☆ How rich Americans can save on taxes by giving stock and real estate to their parents
▼ + stars: | 2024-10-13 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +6 min

Selling appreciated assets like stock and real estate can trigger high capital gains taxes. She estimates that only a quarter of clients actually go through with upstream planning after discussing it. Thanks to tax cuts made during the Trump administration, individuals can gift or bequeath $13.61 million before triggering a 40% federal estate tax. The federal estate tax doesn't kick in as long as the grandparents' estate does not exceed $27.22 million, the exemption for a married couple. It is possible to unintentionally trigger estate taxes if the assets exceed the exemption amount by the time the parents die.

Persons: —, Pam Lucina, Lucina, Trump, Robert Strauss, Weinstock Manion, haven't, Strauss, You've Organizations: Service, Capital, Northern Trust

☆ Why some doctors see a downside to notifying women about dense breasts
▼ + stars: | 2024-10-12 | by ( Liz Szabo | Liz Szabo Is An Independent Health | Science Journalist. Her Work Has Won Multiple National Awards. One Of Her Investigations Led To A New State Law In Virginia. | ) www.nbcnews.com time to read: +8 min

“I had never seen a letter like that before and had no idea what having dense breasts even meant,” said Mullen, 38, of Andover, Massachusetts. Dense tissue makes it harder to find breast cancer on a mammogram; and that dense breast tissue is a risk factor for cancer. You've got dense breasts. “You cannot counsel an entire population of women with dense breasts with one policy that’s going to be appropriate for everybody,” Pearlman said. Although it’s true that women with dense breasts are 1.5 to 2 times more likely than other women to develop breast cancer, they’re no more likely to die from it.

Persons: Shamma Mullen, “, ”, Mullen, Judith Garber, Mark Pearlman, ” Pearlman, Robert Smith, Smith, it’s, ” Smith, Dr, Hilary Marston, ” Marston, that’s, Nancy Keating, Keating, Garber, Ruth Etzioni, —, Crissy Matos, Matos, Marston, Pearlman, ” Mullen Organizations: Food and Drug Administration, FDA, Lown Institute, University of Michigan Medical School, American College of Obstetricians, National Comprehensive Cancer Network, American Cancer Society, American College of Radiology, Comprehensive Cancer Network, U.S . Preventive Services, Force, Harvard Medical School, Fred Hutchinson Cancer Center, Internal Medicine Locations: Andover , Massachusetts, Massachusetts, Stroudsburg , Pennsylvania

☆ China threatens Taiwan with more trade measures after denouncing president's speech
▼ + stars: | 2024-10-12 | by ( ) www.cnbc.com time to read: +2 min

China is studying further trade measures against Taiwan, the Ministry of Commerce said on Saturday, two days after Beijing slammed a speech by Taiwan President Lai Ching-Te. The Democratic Progressive Party, Taiwan's ruling party, has not taken any practical measures to lift "trade restrictions" on mainland China, the commerce ministry said in a statement on its official website. "At present, relevant departments are studying further measures based on the conclusions of the investigation into trade barriers from Taiwan (against mainland China)," it added. The Saturday announcement from China's commerce ministry could portend tariffs or other forms of economic pressure against the island in the near future. In May, China reinstated tariffs on 134 items it imports from Taiwan, after Beijing's finance ministry said it would suspend concessions on the items under a trade deal because Taiwan had not reciprocated.

Persons: Lai Ching, detests Lai, Lai Organizations: Taiwan, Ministry of Commerce, Democratic Progressive Party, Taiwan Affairs Office, Reuters Locations: China, Beijing, Taiwan, People's Republic of China

☆ How abortion rights and immigration are shaping the race for Arizona’s 11 electoral votes
▼ + stars: | 2024-10-12 | by ( Jeff Zeleny | ) edition.cnn.com time to read: +9 min

Chandler, Arizona CNN —David Tapia has watched one election after another from the sidelines, unfazed and largely uninterested in politics. Abortion and immigration are driving factors in the election in all corners of the country, but the issues are colliding in Arizona like few other battlegrounds. A proposed constitutional amendment to protect abortion rights is widely expected to prevail, strategists in both parties told CNN. CNNYet not all Trump supporters agree. Nearly 1 of every 4 Arizona voters is expected to be Latino.

Persons: Chandler, Arizona CNN — David Tapia, Donald Trump’s, Kamala Harris, “, I’m, ”, Tapia, Tucson Mayor Regina Romero, Trump, Harris, Joe Biden, Bill Clinton, Harry Truman, Vance, ” Vance, Ross D, Roe, Wade, ” Harris, Donna Ross, Harris ’, Laura Dent, Dent, ” Mayra Rodriguez, ” Rodriguez, Jesus, it’s Trump, Candy Purdue, Donald Trump, Go Nakamura, of Jesus Christ, Mesa Mayor John Giles, ” Giles, Doug Emhoff, Veronica Stracqualursi, David Wright Organizations: Arizona CNN, Trump, Tucson Mayor, Democrat, Republican, Tucson Speedway, Franklin, AP, CNN, ” Purdue, Republicans, Democrats outspending Republicans, National Association of Latino, of Jesus, Pew Research Center, Mesa Mayor, Arizona Republicans Locations: Arizona, unfazed, “ Arizona, Prescott, Phoenix, Tucson, Chandler , Arizona, Mexico, Glendale , Arizona

☆ Flooded roads, worried passengers, and no income: Florida Uber and Lyft drivers share their experiences on the road before and after Hurricane Milton
▼ + stars: | 2024-10-12 | by ( Noah Sheidlower | Jacob Zinkula | ) www.businessinsider.com time to read: +8 min

Uber and Lyft drivers in Florida saw gas shortages and obstructed roads before and after Milton. After making landfall in Florida, Hurricane Milton caused at least 14 deaths and left millions without power. In the days preceding the storm, some Uber and Lyft drivers went from transporting beachgoers to helping residents flee their communities — before eventually fleeing themselves. Related storiesTrent T., 50, drives independently for his own transportation company and for Uber and Lyft in South Florida. Are you an Uber or Lyft driver in a hurricane-impacted area who's willing to share your story?

Persons: Milton, —, Sergey, Hurricane Helene, Florida , Hurricane Milton, Hurricane Milton, Uber, Fort, Lyft, Trent, Blaine, Yvonne, Charles P, Orlando —, I'm, Charles Organizations: Service, BI, Hurricane, Florida Division, Emergency Management, Tampa, Drivers, jzinkula Locations: Florida, St . Petersburg , Florida, Hurricane, Florida , Hurricane, St . Petersburg, Clearwater, Orlando, Fort Myers, Sarasota, Tampa Bay, South Florida, Milton, Tampa, Ocala —, Savannah , Georgia, Titusville —

☆ A Tesla fan experiences the Cybercab for the first time — it's a smooth ride but he wouldn't necessarily buy one
▼ + stars: | 2024-10-12 | by ( Tom Carter | ) www.businessinsider.com time to read: +6 min

Tesla fan and attendee Matthew Donegan-Ryan rode in the new Cybercab. Tesla fan and investor Matthew Donegan-Ryan attended the glitzy launch on a film lot at the Warner Bros. @_SFTahoe pic.twitter.com/0Xoubi9hY4 — Matthew Donegan-Ryan (@MatthewDR) October 11, 2024The Cybercab, Tesla's first robotaxi, was revealed alongside a 20-person Robovan. pic.twitter.com/iUD0aKThZa — Matthew Donegan-Ryan (@MatthewDR) October 11, 2024Donegan-Ryan was also surprised by how few cameras the Cybercab had. The Cybercab bears a stylistic resemblance to another Tesla vehicle, the Cybertruck, and Donegan-Ryan said that similarity was particularly apparent in person.

Persons: Elon Musk, Tesla, Matthew Donegan, Ryan, —, robotaxi, 0Xoubi9hY4 — Matthew Donegan, Tesla's, Uber, Cybercab, Donegan, iUD0aKThZa — Matthew Donegan, Franz von Holzhausen, Lars Moravy —, wouldn't, Musk, they're, Dan Ives Organizations: Service, Warner Bros ., Warner Bros, BI, Tesla Staff Locations: Burbank , California

☆ It's a tough time to be a tech graduate — AI and layoffs have made it a competitive job market
▼ + stars: | 2024-10-12 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +10 min

Tech graduates, once near-guaranteed a role, are facing a tough job market. The rise of AI, offshoring, and tech layoffs are making roles more competitive. While the US job market is improving, experts say tech graduates are still struggling — and will continue to for a while. AdvertisementLayoff streakAfter two years of brutal tech layoffs, demand for tech workers has still not returned to pre-pandemic levels. "But there just isn't a lot of bites right now to say that AI is eliminating roles for entry-level workers."

Persons: —, Alex Diaz, Diaz, Diaz isn't, I'm, I've, James O'Brien, O'Brien, Alec Wolyniec, he's, Wolyniec, Alex Hernandez, Hernandez, Kantenga, Gen, Gen Z, Chris Abbass, it's Organizations: Tech, Service, of Maryland, —, University of Maryland, University of California, ADP, Federal, Emory University, LinkedIn, Twitter Locations: Berkeley, WFH

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