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As election day draws near, 400 Wall Street money managers identified their top concerns. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Policy initiatives could have a significant impact on the economy, especially on issues concerning inflation, the housing market, employment, and international trade. Investors can benefit from both parties: Republicans would likely pass investor-friendly tax and energy policy, while Democrats would pass more favorable US-China and trade policy. AdvertisementHere's what Wall Street is worried about this election cycle and how top money managers are preparing their portfolios for November.
Persons: , Kamala Harris, Donald Trump, PGIM, Wall, Kara Murphy, , isn't, Murphy, Trump, Harris, we've Organizations: Service, Republican, White House, Congress, Investors, Kestra Investment Management, Social Security, Biden, Research, Senate, Democrat Locations: China, Latin America, Southeast Asia, deglobalization
The probe follows reports of crashes in low visibility areas with Full Self-Driving engaged. AdvertisementTesla is facing a fresh investigation from the national auto safety watchdog after reports of four crashes in which its Full Self-Driving technology was engaged. The new probe will cover 2.4 million Tesla vehicles. In April, the NHTSA started a separate probe into Tesla over crashes involving its Autopilot program. The regulator said at the time that it investigated 956 Tesla crashes in which Autopilot was involved between January 2018 and August 2023.
Persons: Tesla, , FSD, Elon, Phil Koopman Organizations: National, Traffic Safety Administration, Service, regulator's, Carnegie Mellon University, NHTSA, Business Locations: California, Koopman
China central bank chief flags more interest rate cuts
  + stars: | 2024-10-18 | by ( ) www.cnbc.com   time to read: +1 min
A pedestrian walks past the People's Bank of China headquarters in Beijing, China, on Monday, Feb. 26, 2018. On Oct. 21, the Loan Prime Rate will decrease by 20 to 25 basis points, the official Xinhua news agency quoted Pan as saying. The benchmark seven-day reverse repurchase rate will also be lowered by 20 basis points and the medium-term lending facility rate reduced by 30 basis points, People's Bank of China Governor Pan Gongsheng told a financial forum in Beijing. At the financial forum on Friday, Pan also warned against any illegal fund flows into the stock market. Pan said the two measures were based entirely on market-oriented principles, and the swap facility was not a form of direct financial support from the central bank.
Persons: Pan, Pan Gongsheng Organizations: People's Bank of China, Xinhua Locations: Beijing, China, China's
There are other ways to help children become independent, resourceful, caring people who can handle life's ups and downs and thrive. Ask yourself: "Can my child handle this challenge?" Instead, help your child accept hard feelings by reiterating that all feelings are normal and they're loved no matter what. When you're harsh with your child, they learn to use the same tactics to get what they want or need. Tovah P. Klein, PhD, is a psychology professor at Barnard College and the director of Barnard's Center for Toddler Development.
Persons: I've, you'll, they'll, you've, they're, scold, Klein Organizations: Barnard College, Barnard's Center
After shedding workers in sweeping layoffs in late 2022 and early 2023, many tech companies are adopting a more methodical, department-by-department approach to making cuts. Related storiesIndeed surveyed more than 1,100 US tech workers from early to late June. Fagan said some tech workers are drawn to the flexibility that contingent or part-time roles can offer. Yet, ultimately, she said, tech is the #1 industry tech workers historically want to work in. Advertisement"It's not like they're going out and massively hiring and then doing layoffs," Fagan said.
Persons: , Andy Welfle's, Welfle, he'd, Cruise, Zeile, Linsey Fagan, Fagan, It's, they're, " Fagan, Mark Zuckerberg, Dice's Zeile, Zuckerberg, they've, Indeed's Fagan, it's Organizations: Meta, Service, Microsoft, Reality Labs, Google, LinkedIn Locations: Silicon Valley
CNN —The origin of modern humans’ long-standing love affair with carbs may predate our existence as a species, according to a new study. The study revealed these genes duplicated long before the advent of agriculture. Without amylase, humans would not be able to digest foods such as potatoes, pasta, rice or bread. The research also revealed duplication of the AMY1 gene existed in the genomes of Neanderthals and Denisovans, an extinct hominin first discovered in 2010 about whom relatively little is known. “This study’s genomic sleuthing is helping to finally time stamp some of those major milestones, and it is revealing tantalizing clues about humanity’s long love affair with starch.”
Persons: , Feyza Yilmaz, , sapiens, AMY1, Taylor Hermes, wasn’t, ” Hermes, , Christina Warinner, John L, Loeb, Warinner Organizations: CNN, The Jackson Laboratory, University of Buffalo, Jackson Laboratory, University of Arkansas, Social Sciences, Harvard University Locations: Farmington , Connecticut, New York
Netflix's new film "Woman of the Hour" is based on a true story about serial killer Rodney Alcala. In real life, Alcala competed on "The Dating Game" and won a date with bachelorette Cheryl Bradshaw. AdvertisementHere's what happened to the real Bradshaw and how she narrowly escaped being one of Alcala's victims. He later got the nickname "The Dating Game Killer." Since appearing on "The Dating Game," Bradshaw has kept a low profile and little is known about where she ended up.
Persons: Rodney Alcala, Alcala, bachelorette Cheryl Bradshaw, Bradshaw, , Anna Kendrick, Sheryl, Daniel Zovatto, Rodney, Cheryl Bradshaw's, Ryan Murphy's, Lyle, Erik Menendez, Tali Shapiro, Shapiro, Michael Metzger, Metzger, Ellen Metzger, I'm, Alcala's, Ellen, Jed Mills, Mills, Ted Soqui, Robin Samsoe, Samsoe, Jill Barcomb, Georgia Wixted, Charlotte Lamb, Jill Parenteau Organizations: Service, ABC, Netflix, ABC News, Alcala, Sunday Telegraph, Getty, California Supreme, Associated Press Locations: Alcala, California, San Quentin, Georgia, New York . California, Corcoran
In today's big story, Taylor Swift has a new book coming out, but how she's doing it might create some bad blood with publishers . On Tuesday, Swift announced plans to self-publish "The Eras Tour Book," a behind-the-scenes look at her record-breaking tour that'll be released exclusively at Target on Black Friday. News of a Taylor Swift book should have sent a publisher jumping for joy at the potential revenue. AdvertisementBig stars like Swift are exactly who book publishers are banking on these days. But even so, Miami, New Orleans, and Indianapolis — her remaining US tour dates — won't mind Swift coming to town.
Persons: , Meta, Taylor Swift, Chelsea Jia Feng, Taylor, Swift, Samantha Grindell, Madeline Berg, George Walker IV, we're, Natalie Ammari, it's, Goldman Sachs, Kalshi, Donald Trump, Trump, Blackstone, Jon Gray, Walid Berrazeg, It's, Lebaredian, Uber, Dara Khosrowshahi's, Tyler Le, Matt Garman, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Target, AP, Indianapolis, Super Bowl, UBS, Getty, Financial, Wall, Blackstone, Trump, Investors, Taiwan Semiconductor Manufacturing, TSMC, Optimus, Financial Times, Netflix, American Express Locations: Miami, Miami , New Orleans, Glendale , Arizona, Hsinchu, ASML, Texas, California, New York, London
I'm a Gen X child from the San Francisco Bay Area. Since that first move, I've lived in Alabama, Virginia, and Texas and returned to the Bay Area. The main difference was that the Bay Area was more diverse than Phoenix at that time. The Bay Area had changed so muchWe moved to Half Moon Bay in the San Francisco Bay Area, and in 2017, I got a job at UC Berkeley. People moved in and out of the Bay Area a lot, so it was hard to make lasting social connections.
Persons: Rosanna Guadagno, Guadagno, , I've, I'd, Dallas, didn't, we'd Organizations: Service, San, Santa Clara University, US, University of Alabama, Alabama, National Science Foundation, University of Texas, Dallas, Big Tech, San Francisco Bay Area, UC Berkeley, Stanford, University of Oulu Locations: California, Alabama, Texas, Finland, San Francisco Bay Area, Phoenix, Alabama , Virginia, Bay, Arizona, Tuscaloosa, . Texas, Virginia, Washington ,, Dallas, Austin, Silicon Valley, San Francisco Bay, Oulu, Switzerland
Major tech companies are investing in nuclear power to support AI data centers. Nuclear energy provides clean, constant power for data centers. AdvertisementTech companies are turning to nuclear power to advance their AI ambitions. Aside from generating enormous amounts of power, nuclear power is also an attractive choice for companies hoping to meet global net zero goals. AdvertisementHere's a closer look at how tech companies are investing in nuclear energy.
Persons: , Kathryn Huff Organizations: Service, Tech, Google, Companies, University of Illinois, Department of Energy Locations: University of Illinois Urbana, Champaign
Seoul, South Korea AP —South Korean intelligence has found that North Korea has dispatched 12,000 troops including special operation forces to support Russia’s war against Ukraine, news reports said Friday, a development that could bring a third country into the war and intensify a standoff between North Korea and the West. North Korea has 1.2 million troops, one of the largest militaries in the world, but it lacks actual combat experience. Many experts question how much the North Korean troop dispatch would help Russia, citing North Korea’s outdated equipment and shortage of battle experiences. The statement said participants of the meeting agreed that North Korea’s troop dispatch poses a grave security threat to South Korea and the international community. Outside officials and experts say North Korea in exchange possibly received badly needed food and economic aid and technology assistance aimed at upgrading Kim’s nuclear-armed military.
Persons: Kim Jong Un, Vladimir Putin, Yoon Suk Yeol, Dmitry Peskov, Volodymyr Zelenskyy, we’ve, ” Zelenskyy, Mark Rutte Organizations: South Korea AP — South, National Intelligence Service, NIS, North, NATO Locations: Seoul, South Korea, Korea, Ukraine, North Korea, Korean, Russia, Pyongyang, Russian, Ukrainian, Donetsk, Moscow
After my first child was born, I thought I'd be able to work a modified schedule. Upper management never approved it, and I had to return to work four weeks after giving birth. Unfortunately, the pay cut I would be taking meant I needed to get back to work as soon as possible. Related storiesI went back to work when my daughter was 4 weeks oldDuring my first shift back, I was dangerously exhausted. Because I was working in a hospital, I was on my feet most of the day and found myself experiencing dizzy spells.
Persons: I'd, , piecing, It's, I'm, I've Organizations: Service Locations: daycares
The Israeli military previously surrounded Sinwar’s house and carried out an intensive assault on his hometown of Khan Younis, but could not find him. The troops returned fire with a tank, then flew a drone into the heavily damaged building, according to the Israeli military. Sinwar had been trying to escape to the north when he was killed, said another Israeli military spokesperson on Thursday. The talks involved senior figures from Israel, Hamas, the United States, Qatar and Egypt. Mohammed Sinwar recently took over as Hamas’ military commander, a senior Israeli official told CNN last month.
Persons: Yahya Sinwar, Ismail Haniyeh, Benjamin Netanyahu, Sinwar’s, Khan Younis, Sinwar, biometrics, Mohammed Salem, Majdal –, , Israel, , it’s, Mohammed Deif, Joe Biden, Netanyahu, Mohammed Sinwar, Mohammed, Hassan Nasrallah, “ Sinwar, Mumen Khalili Organizations: CNN, Hezbollah, Sinwar, REUTERS, US Department of State, European Union Locations: Israel, Lebanon, Hamas, Iran, Gaza, Rafah, Jerusalem's Al, Gaza City, Al, Ashkelon –, United Kingdom, France, bunkering, United States, Qatar, Egypt
On Saturday morning, the friend called 911 and said he’d found Kjersem’s bloodied body in a tent about two-and-a-half miles up Moose Creek Road, east of Big Sky. Kjersem’s friend, who authorities did not identify, told them he found his body around 10 a.m. Saturday. “Anyone with trail or game cameras in the Moose Creek area, please reach forward, even if the footage seems irrelevant,” Sheriff’s Capt. “Anyone with in-car cameras traveling in the Moose Creek area during this time frame … anyone who saw the victim’s truck,” he added. Investigators have not determined Kjersem’s time of death and have not made any arrests.
Persons: Dustin Kjersem, , he’d, Kjersem, , ” Gallatin County Sheriff Dan Springer, , ” Springer, ” Kjersem, Jillian Price, Springer, Kjersem's Ford, don’t, Nathan Kamerman Organizations: CNN, Moose, Big Sky, ” Gallatin County Sheriff, US Forest Service, Authorities, Gallatin County Sheriff's, Montana Department of Fish, Wildlife & Parks Locations: Montana, Big, ” Gallatin County, Gallatin County, Belgrade , Montana, Moose, Western Montana
I spoke to voters and a mayor in Northampton, one of two bellwether counties in Pennsylvania. The mayor told me that politics are local — and the election will likely come down to grocery bills. Both Vice President Kamala Harris and Trump were in Pennsylvania on the same Monday, courting voters at a rally and town hall respectively. There was 46-year-old Michelle Kerns, who said she doesn't think Harris gets enough credit for easing inflation. I heard many iterations of "I'm not following the election" or "I'm sick of talking about it" on Monday afternoon.
Persons: , Barack Obama, Donald Trump, Joe Biden, Kamala Harris, Trump, Salvatore J, Panto, he's, Harris, Alice Tecotzky, Ann Hess, Hess, Vivian M, Michelle Kerns, Kerns, Daryl Thompson, Bob George, Beer, Edward Pyatt, Pyatt, George, didn't, I'm Organizations: Service, Democratic, Walmart, Wall Street Journal, Trump, Easton Locations: Northampton, Pennsylvania, Forks, Palmer, Pennsylvania —, Easton, Bethlehem, Northampton County, Kamala, Forks Township, Palmer Township
Oil edges up, but on track for biggest weekly loss in over a month
  + stars: | 2024-10-18 | by ( ) www.cnbc.com   time to read: +2 min
Crude oil futures inched higher on Friday, supported by a surprise drop in U.S. oil inventories and simmering Middle East tensions, but prices were headed for their biggest weekly loss in more than a month on worries of lower demand. Both contracts settled higher on Thursday for the first time in five sessions after data from the Energy Information Administration showed that U.S. crude oil, gasoline and distillate inventories fell last week. "Speculative positioning across the ICE Brent complex strengthened from historically low levels, on heightened geopolitical risk of a potential Israeli strike on Iran's oil infrastructure," Citi analysts said in a note. Citi expects global oil demand to slow to 900,000 bpd in 2025 from 1 million bpd this year on an economic slowdown and as more electric vehicles hit the road. The "potential impact of China's emerging economic stimulus plans on oil demand is uncertain, and more robust support may only result in a limited boost," it added.
Persons: Brent, WTI Organizations: Brent, West Texas, Energy, Administration, of, Petroleum, International Energy Agency, ICE, Citi Locations: San Joaquin Valley, McKittrick , California, OPEC, Israel, Iran
New York CNN —Cooking a Thanksgiving turkey presents a host of unique challenges, including making sure it’s not dry, and making sure it’s delicious. But thawing out a multi-pound frozen bird is the first big one. Butterball has a solution with a new frozen turkey that the company says eliminates the hours-long thawing process. This week, the country’s largest turkey producer unveiled a new “Cook from Frozen” turkey that only has two steps to make it, which are unwrapping it and popping it in the oven. Butterball made a “specially formulated” brine that keeps the meat moist during the roughly 5-hour long roasting process.
Persons: Butterball, Cook, it’s, Neil Saunders, ” Saunders, Harris Teeter Organizations: New, New York CNN, GlobalData, CNN, Walmart, Kroger Locations: New York, Turkey
Opinion Guest Essay The 21 Slivers of America That Could Decide the Election Sebastian Siadecki for The New York TimesIn almost every presidential battleground state, polling suggests something close to a dead heat between Kamala Harris and Donald Trump. For Ms. Harris and Mr. Trump, each could be a crucial building block in a winning swing-state coalition. In 2016, with Mr. Trump in the race, these areas began to march to national trends: Rural areas trended Republican, while Milwaukee’s well-off, close-in suburbs zoomed left. Still, loyalties remain potent in Wisconsin, from Democratic-leaning, ancestrally Scandinavian voters in the state’s rural west to middle-class suburban Republicans outside Milwaukee. Mr. Trump lost Nash County by just 0.2 points in 2020 and Wilson County by three points.
Persons: Sebastian Siadecki, Kamala Harris, Donald Trump ., Harris, Trump, Nate Silver’s, Joe Biden, Badger State . Arizona Battlegrounds, Mark Kelly, Biden, Trump’s, Patrick Ruffini Organizations: The New York Times, Pennsylvania, Keystone, Philadelphia, Democratic, Milwaukee —, Washington, Mr, Republican, Republicans, Milwaukee, Badger State, Senate, Northampton, “ Party of, Populist Coalition Locations: America, Pennsylvania, Appalachia, Philadelphia, Philadelphia’s, . Wisconsin, Wisconsin, Milwaukee, Milwaukee — Waukesha, Ozaukee, Badger, Badger State . Arizona, Arizona, Phoenix, Florida and Texas, . North Carolina, North Carolina, Southern, Nash, Rocky, Wilson, Wilson County, Nash County, Northampton, Erie, Bethlehem, Georgia, Brown County, Green Bay, Outagamie County, Appleton, Winnebago County, Oshkosh, Maricopa County
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIronsides Macroeconomics' Barry Knapp on inflation trends and resetting rate cut expectationsBarry Knapp, Ironsides Macroeconomics director of research, joins CNBC's 'The Exchange' to discuss why inflation is trending higher, what the Fed's neutral target should be, and more.
Persons: Barry Knapp
Gen Z behavior was shaped by missing formative years during the COVID-19 pandemic. Gen Z has a lot to offer companies who know how to nurture it, experts told BI. But many Gen Zers don't agree with them, and some believe they are holding them back at work. Chang said Gen Zers prioritize companies that offer perks such as mental health days and wellness workshops. Some companies are already doing this and making themselves attractive to Gen Z talent.
Persons: Z, , Zers don't, Max Jones, It's, Richard Wahlquist, Boppana, Gen Zers, I've, she'd, Claude Akinsanya, Zers, Akinsanya, Gen, Rhea Moss, Gen Z, " Moss, Jones, Jeanie Y, Chang, Forbes, Chipotle, Moss Organizations: Service, American Staffing Association, Accenture, Nike, Morning Locations: London
CNN —Texas death row inmate Robert Roberson sat praying in a cell Thursday night, just feet from the execution chamber where he was set to die by lethal injection for the “shaken baby” death of his toddler. Just over 90 minutes before Roberson’s execution was set to begin, the House committee was able to secure a temporary restraining order against the state, pausing the execution. Roberson’s case is called into questionAdvocates for Roberson insist the diagnosis that his daughter died from shaken baby syndrome is inaccurate and has been discredited. Shaken baby syndrome is accepted as a valid diagnosis by the American Academy of Pediatrics and supported by child abuse pediatricians who spoke with CNN. Since 1992, courts in at least 17 states and the US Army have exonerated 32 people convicted in shaken baby syndrome cases, according to the National Registry of Exonerations.
Persons: Robert Roberson, Nikki, Roberson, God, , , Amanda Hernandez, Robert Roberson –, Gretchen Sween, Joe Moody, Jeff Leach, Jennifer Roberson, Robert, “ It’s, Brian Wharton, Wharton, ” Wharton, “ We’ve, ” Roberson, , Moody, Leach, Greg Abbott, Ken Paxton, pediatricians, Nikki Curtis, Nikki “, Dr, Sandeep Narang, Antoinette Laskey Organizations: CNN, Texas Supreme, Texas House, Texas Department, Criminal, Texas, US, Appeals, Criminal Justice, Division, Texans, Huntsville Unit, Texas Capitol, Texas Gov, American Academy of Pediatrics, US Army, National Registry, American Academy of Pediatrics ’, Child Locations: Texas, Palestine , Texas
Politics and monetary policy: Dangers of meddling with the Fed
  + stars: | 2024-10-18 | 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 EmailPolitics and monetary policy: Dangers of meddling with the FedDonald Kohn, Brookings Institution economic studies senior fellow and former Fed Vice Chair, joins 'Squawk Box' to discuss the dangers of presidents and other politicians meddling with the Fed.
Persons: Donald Kohn Organizations: Brookings, Fed
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
Dallas AP —Texas has sued a Dallas doctor over accusations of providing gender-affirming care to youths, marking one of the first times a state has sought to enforce recent bans driven by Republicans. The Texas law prevents transgender people under 18 from accessing hormone therapies, puberty blockers and transition surgeries, though surgical procedures are rarely performed on children. Children’s Health said in a statement that it “follows and adheres to all state health care laws.”At least 26 states have adopted laws restricting or banning gender-affirming medical care for transgender minors, and most of those states face lawsuits. The lawsuit comes just weeks before an election in which Republicans have used support of gender-affirming health care as a way to attack their opponents. Greg Abbott, who was the first governor to order the investigation of families of transgender minors who receive gender-affirming care.
Persons: Ken Paxton, May Lau, Harper Seldin, , Seldin, ” Seldin, Lau, ” Paxton, Republican Sen, Ted Cruz, Colin Allred, Greg Abbott Organizations: Dallas AP, Texas, Republicans, Republican Texas, HIV, UT Southwestern Medical Center, UT Southwestern, Children’s Health, Republican, Democratic, Republican Gov Locations: Dallas, Texas, Collin County, The Texas, Arkansas, Florida, Montana . New Hampshire
In 1997, Walter Johnson stood before Judge Frederic Block in a Brooklyn federal courtroom after being convicted of robbery, cocaine possession and witness tampering, just the latest in a troubling series of crimes that involved guns, drugs and violence. Judge Block called Mr. Johnson, a street legend known as King Tut, “a classic example of a person who has to be incapacitated so society is protected against you.” Then he hit Mr. Johnson with five life sentences. On Thursday, Judge Block called the punishment he imposed 27 years ago too harsh, the product of ill-considered laws and his own inexperience. He freed Mr. Johnson, who hours later walked out of prison and back into society. “Judges gain insights that with the passage of time only can come with experience on the bench and their judicial maturation,” Judge Block wrote in his decision granting Mr. Johnson’s petition for release.
Persons: Walter Johnson, Frederic Block, Judge Block, Johnson, King Tut, Mr, Block, Johnson’s, Locations: Brooklyn
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