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☆ Trump’s wild and lewd rhetoric reaches a new extreme
▼ + stars: | 2024-10-20 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

His alarming behavior may look to some like a candidacy melting down when the pressure is at its most extreme. With polls deadlocked, Trump’s behavior hasn’t yet disqualified him. And Trump’s voters still regard him as a vessel for their frustration with a political and economic system they believe has poorly served them. Trump’s behavior underscores stakes of deadlocked electionIt will be up to voters to decide how to process Trump’s recent conduct. The Harris campaign, which began as an attempt to spread joy, is now fully exploiting Trump’s rhetorical rampages.

Persons: Donald Trump’s, Kamala Harris, demeans, Trump, Joe Biden, Harris, Arnold Palmer’s, “, Mike Johnson, Biden, spokespeople, Al Sharpton, United States …, ”, Harris ’, Tim Walz, He’s, Barack Obama, Nancy Pelosi, Adam Schiff, Trump’s, Johnson, CNN’s Jake Tapper, Schiff, Pelosi, MediaBuzz ”, ” Schiff, “ We’re, –, Palmer, he’s, Walz, Johnson’s, Donald Trump, ” Sen, Lindsey Graham Organizations: CNN, CNN’s, MSNBC, United, Minnesota Gov, Trump, Republicans, National Guard, California Democratic, Justice Department, CBS, Fox News, Economic, of Chicago, Biden, Republican, Trump The, GOP, “, Union, South Carolina Republican Locations: ”, CNN’s “ State, United States, Nebraska, Nevada, ’, California, “ State, Ohio, Latrobe , Pennsylvania, Pennsylvania

☆ Here are the 5 things that could move the stock market in the week ahead
▼ + stars: | 2024-10-20 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Earnings drove the stock market higher — can they do it again in the week ahead? But he acknowledged that timing is key because our portfolio discipline mandates that we consider lightening up our stock exposure in an overbought market. In fact, AMD was our worst-performing stock for the entire week, losing more than 7% following the prior week's 1.8% slide. Energy was the worst sector of the week for the market as oil prices sank. In the week ahead, housing numbers are the main draw on the economic front.

Persons: Jim Cramer, ASML, Morgan Stanley, WTI, industrials, We're, Sartorius, Danaher, we're, Stanley Black, Lockheed Martin, Philip Morris, Clark, Baker Hughes, Lam, DOV, CARR, Davidson, Northrop, Edwards Lifesciences, Jim Cramer's, Jim, Stocks, Tuesday's, Spencer Platt Organizations: Dow, Nasdaq, Netflix, Modelo, Corona, Constellation Brands, Taiwan Semiconductor Manufacturing Company, Nvidia, AMD, Broadcom, Club, Abbott Laboratories, Energy, Texas, Honeywell, Danaher, Federal Reserve, Treasury, SAP, Logitech, Verizon, General Motors, GE Aerospace, GE, Lockheed, Quest Diagnostics, Norfolk Southern, Polaris, Seagate Technology, Texas Instruments, Canadian National Railway Company, Boeing, GE Vernova, Fisher, Boston, General Dynamics, Hilton, Lam Research, Business Machines, IBM, Newmont, Viking Therapeutics, Vista Energy, Mattel, O'Reilly Automotive, Whirlpool, American Airlines, United Parcel Service, Southwest Airlines, Tractor Supply Company, Carrier Global, Dow Chemical, DOW, Harley, Union Pacific, Valero Energy, Hasbro, Northrop Grumman, Ryder, Boyd Gaming, Western, Boston Beer Company, York Community Bancorp, Colgate, Palmolive, Newell Brands, Jim Cramer's Charitable, CNBC, NEW, Traders, New York Stock Exchange, Getty Locations: BlackRock, CrowdStrike, U.S, Dover, Freeport, McMoRan, Kimberly, Norfolk, Las, ORLY, VALE, New York City

☆ America's New Economic Supercycle: Growth, Prices, Stock Market Chaos
▼ + stars: | 2024-10-20 | by ( Linette Lopez | ) www.businessinsider.com time to read: +12 min

First, higher interest rates will reward savers, making it more expensive to take risks. And with interest rates so low, companies could suddenly load up on debt: From 2007 to 2017, global nonfinancial corporate debt doubled, to $66 trillion. Now, with the arrival of a new supercycle, money managers are once again being forced to adapt to a changing set of economic realities. Normally, when the Fed hikes interest rates rapidly, the stock market tanks. Rising interest rates will make loans more expensive, forcing businesses to make more-thoughtful decisions about debt.

Persons: Josh Hirt, Silas Myers, Myers, Hirt, you've, Joe Quinlan, they'll, Quinlan Organizations: Investors, Vanguard, Mar Vista Investments, Federal Reserve, Capital, . Venture, Nasdaq, Bank of America, Big Tech, Federal Trade Commission, Treasury, European Union, Aerospace Locations: Washington, China, Unemployment, Europe, America, Japan, United States

☆ Trump doubles down on tariff plan that voters hate
▼ + stars: | 2024-10-20 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Republican presidential nominee and former U.S. President Donald Trump speaks as he visits a campaign office in Hamtramck, Michigan, U.S. October 18, 2024. Despite the unpopularity of universal tariffs among voters, Trump has dug in on the hardline proposal. Trump has floated imposing a 20% tariff on all goods from all countries, with a specifically high 60% rate on Chinese imports. The Trump tariffs have also faced heat from within the GOP. "I'm not a fan of tariffs," Republican Senate Minority Leader Mitch McConnell said in late September.

Persons: Donald Trump, Donald Trump's, Trump, John Micklethwait, they'll, Mitch McConnell Organizations: NBC News, Bloomberg, Economic, of Chicago, Republican, Trump, GOP Locations: Hamtramck , Michigan, U.S, United States

☆ Why I paid $95 to recycle a mattress — and you might, too
▼ + stars: | 2024-10-20 | by ( Greg Iacurci | ) www.cnbc.com time to read: +9 min

The author paid a company, Renewable Recycling, to pick up and recycle his queen-size mattress in New York City. Greg IacurciI paid $95 to recycle a mattress. Why mattress recycling can be expensiveShredded old mattress materials. Guillaume Souvant | Afp | Getty ImagesThe $95 fee I ultimately paid to Renewable Recycling is "pretty standard" among mattress recyclers, Conway said. For example, cotton remnants must be picked off steel mattress springs before it can be shredded or baled for sale to scrap markets, according to the Mattress Recycling Council.

Persons: Greg Iacurci, Alicia Marseille, Robert Brook, —, Meg Romero, Charles, Mark Rightmire, Romero, Peter Conway, Conway, Guillaume Souvant, Charles County, " Romero, Staples, Reid Lifset, Amanda Wall, Wall Organizations: Renewable, U.S, Mattress, Arizona State University, MRC, Salvation Army, Goodwill, Freecycle, Recycling Inc, MediaNews, Orange, Getty, Spring, Afp, Yale School of, Colorado, Environmental Resources, Arizona State University Individuals, International Sleep Products Association Locations: New York City, Brooklyn, Charles County , Maryland, East Rockaway , New York, San Juan Capistrano , California, Spring Back Colorado, Commerce City, Colorado, Oceanside , New York, Charles, California, Mexico, Canada, India, Egypt, Texas, Marseille, — California, Connecticut, Rhode, Oregon, Rhode Island, New York , Massachusetts, Maryland, Virginia

☆ Stock futures inch higher after S&P 500's best weekly win streak of 2024: Live updates
▼ + stars: | 2024-10-20 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

NEW YORK, NEW YORK - OCTOBER 16: Traders and others work on the New York Stock Exchange (NYSE) floor in New York City. U.S. stock futures ticked higher Sunday night after the Dow Jones Industrial Average and S&P 500 notched their best weekly win streaks of 2024. S&P 500 futures and Nasdaq 100 futures climbed 0.13% and 0.16%, respectively. Roughly one-fifth of S&P 500 companies are set to report through Friday. Of the 14% of S&P 500 companies that have already posted third-quarter results, 79% have beaten expectations, according to FactSet's John Butters.

Persons: FactSet's John Butters, Sam Stovall Organizations: NEW, Traders, New York Stock Exchange, Dow Jones Industrial, Nasdaq, Dow, U.S, CFRA Research Locations: New York City . U.S

☆ Cuba slowly starts restoring power after island-wide blackout
▼ + stars: | 2024-10-19 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +4 min

Cuba restored a trickle of power to its grid by mid-evening on Friday, officials said, hours after the island plunged into a countrywide blackout following the collapse of one of its major power plants. The Communist-run government closed schools and non-essential industry early on Friday and sent most state workers home in a last-ditch effort to keep the lights on after weeks of severe power shortages. But shortly before midday, the Antonio Guiteras power plant, the country’s largest and most efficient, went offline, prompting a total grid failure and suddenly leaving the entire island without power. For many Cubans, far removed from politics and accustomed to regular power outages, the nationwide blackout was nothing more than a normal Friday night. Russia and Mexico, which in the past have sent fuel to Cuba, have also greatly reduced shipments.

Persons: Antonio, ”, Carlos Roberto Julio, Manuel Marrero, ” Marrero, Hurricane Milton, Donald Trump, Miguel Diaz, Canel, Washington, Carlos Manuel Pedre, “, PDVSA Organizations: Communist, ”, Hurricane, White, National Security, State Department, Cuban, “ Locations: Cuba, Havana, “, U.S, United States, ”, Venezuela, Venezuela’s, Russia, Mexico

☆ Step inside Jackson Hole, Wyoming, where the ultra-rich live and vacation
▼ + stars: | 2024-10-19 | by ( Joey Hadden | ) www.businessinsider.com time to read: +1 min

Jackson Hole, Wyoming, is a luxury enclave for some of America's wealthiest. I visited Jackson Hole for the first time to find out why the rich live and vacation there. I'm talking about the wealthy enclave of Jackson Hole in Teton County, Wyoming — one of the richest counties in the US. Jackson Hole has long been a billionaire hideout and the city with the most unequal income in the US. AdvertisementA-listers from Kanye West and the Kardashians to Sandra Bullock and Harrison Ford have bought property in Jackson Hole.

Persons: Jackson, —, Sandra Bullock, Harrison Ford Organizations: Service, Economic Policy Institute, Kanye Locations: , Wyoming, America, Jackson, Teton County , Wyoming

☆ Trump’s mass deportation plans would be costly. Here’s why
▼ + stars: | 2024-10-19 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +15 min

Experts noted then, as they note today, that high costs and complex logistics make mass deportation more complicated than campaign promises suggest. Immigrants deported from the United States arrive in Guatemala City on an ICE deportation flight on February 9, 2017. John Moore/Getty ImagesSo what would deporting the millions of undocumented immigrants living in the United States cost? The organization also argues that mass deportation would make more jobs available for Americans. The economic impact of mass deportation, he says, would amount to “utter disaster.”“We Americans, we, the country, we, in our communities, would be significantly damaged,” he says.

Persons: Donald Trump, he’ll, he’s, Trump, they’ve, Tom Homan, Stephen Miller, JD Vance, he’d, Biden, ”, John Sandweg, Obama, ” Trump, wasn’t Trump, “ It’s, Laura Collins, George W, Sandweg, John Moore, Collins, Miller, Jason Houser, “, Houser, “ That’s, ” Collins, …, you’re, ” Sandweg, they’re, ” Houser, it’s, “ They’re, who’d, —, Lisa Sherman Luna, Saul Young, Michael Ettlinger, Zeke Hernandez, Hernandez, that’s Organizations: CNN, Republican National Convention, Customs, Trump, Migration, ICE, Bush Presidential, Immigrants, American Action, American Immigration, Pew Research Center, of Homeland Security, Syracuse University, Department of Homeland Security, Migration Policy, MPI, Pew Research, Tennessee, Refugee Rights Coalition, Community, Knoxville News Sentinel, USA, Carsey School of Public, University of New, Taxation, University of Pennsylvania’s Wharton School, Federation for American Immigration Reform Locations: United States, United, Guatemala City, China, Cuba, India, Russia, Venezuela, Mississippi, Tennessee, Morristown , Tennessee, University of New Hampshire

In Michigan, Trade Policies and the Water Crisis Loom Large for VotersGenesee County, Mich., home to Flint and the birthplace of General Motors, has been loyal to the Democratic Party for decades. In and around Flint, voters from both parties described feeling let down by corporations, especially auto companies, and by their political leaders. But interviews with more than 20 people across Genesee County also showed that voters still had doubts about Ms. Harris. I think that she is more so focused I think that she is more so focused on being a personality. Scroll to play video Muted Charles H. Knox Sr. Charles H. Knox Sr.

Persons: Dylan Luna Dylan Luna Ken Snyder Ken Snyder Charles H, Knox Sr, Charles H, Dylan Luna Dylan Luna Meredith Davis Meredith Davis, Ken Snyder Ken Snyder Corie, Michael Aversa Michael Aversa Corie, Foor Meredith Davis Meredith Davis Isabelle Snyder Isabelle Snyder Michael Aversa Michael Aversa Ken Snyder Ken Snyder Charles H, Ken Snyder Ken Snyder Meredith Davis Meredith Davis, Corie, Ken Snyder Ken Snyder Meredith Davis Meredith Davis Charles H, Knox, ”, “ It’s, “, ” “, ” It’s, I’ve, Kamala Harris, Harris, Donald J, Trump, Ken Snyder Ken Snyder Meredith Davis Meredith Davis Michael Aversa Michael Aversa Charles H, Dylan Luna, Dylan Luna Flint Board of Education Dylan Luna, Dylan Luna Flint Board of Education Dylan Luna Flint Board of Education Charles H, It’s, we’ve, ” “ MAGA, MAGA, “ MAGA, ’, Tyonna McIntyre Tyonna McIntyre, Ken Snyder Ken Snyder Michael Aversa Michael Aversa Dylan Luna Dylan Luna Michael Aversa Michael Aversa Meredith Davis Meredith Davis Isabelle Snyder Isabelle Snyder Corie, Michael Aversa Michael Aversa Meredith Davis Meredith Davis, Ken Snyder Ken Snyder Charles H, Michael Aversa Michael Aversa Charles H, “ The, Flint, Art Reyes “, Art Reyes, Bill Bain Bill Bain, Hillary Clinton, Bain, ” Mr, Mandy Christle Mandy Christle, Christle, Isabelle Snyder Isabelle Snyder Meredith Davis Meredith Davis Ken Snyder Ken Snyder Michael Aversa Michael Aversa Corie, Corie Foor Dylan Luna Dylan Luna Charles H, it’s, Dixon, Northerners, ‘, There’s, ” There’s, MaryAnn Pietrzyk, Barack Obama Organizations: General Motors, Democratic Party, “, Flint, Republican, Democratic, Black, Dylan Luna Flint Board of Education, Dylan Luna Flint Board of Education Dylan Luna Flint Board of Education, Trump, Aldi, Kroger, Auto Industry, Biden, “ The Biden, Democrats, Motors, GMC, Republicans, Benz, GM, United Auto Workers, North American Free Trade, Mr, Mason Locations: Michigan, Genesee County, Mich, Flint, ”, America, Genesee, carmaking, Canada, Mexico, American

☆ Insider Today: America's billionaire hub
▼ + stars: | 2024-10-19 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +6 min

This post originally appeared in the Insider Today newsletter. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. European manufacturers are trying to claw back some of the market share of electric vehicles from their Chinese competitors. AdvertisementMore of this week's top reads:The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.

Persons: —, Siri, James Bond, Tom Carter, Ram, Fiat —, Leapmotor, Carlos Tavares, Joey Hadden, Jackson, It's, BI's Joey Hadden, Taylor, Chelsea Jia Feng, Taylor Swift, Swift, she'll, Konrad Krajewski, Uber, Priyanka Rajput, Troy Aikman, Anna Kendrick, Jason Segel, Harrison Ford, Peacock, Elisabeth Finch, Rebecca Zisser, We've, grout, Dan DeFrancesco, Jordan Parker Erb, Lisa Ryan, Amanda Yen, Grace Lett Organizations: Business, Service, Getty, BYD's, Paris, European Union, Jeep, Fiat, Economic Policy Institute, Target, BI, NFL, Apple, Netflix Locations: London, China, Jackson Hole , Wyoming, York City, Manhattan, LaGuardia, ozina, caked, Patagonia, New York City, New York, Chicago

☆ Putin says BRICS, not the West, will drive global economic growth
▼ + stars: | 2024-10-19 | by ( ) www.cnbc.com time to read: +1 min

The BRICS group will generate most of the global economic growth in the coming years thanks to its size and relatively fast growth compared with that of developed Western nations, Russian President Vladimir Putin said on Friday. The Kremlin leader is due to host a BRICS summit in the Russian city of Kazan on Oct. 22-24. "The countries in our association are essentially the drivers of global economic growth. In the foreseeable future, BRICS will generate the main increase in global GDP," Putin told officials and businessmen at BRICS business forum in Moscow. "The economic growth of BRICS members will increasingly depend less on external influence or interference.

Persons: Vladimir Putin, Putin Organizations: United, United Arab Emirates, Kremlin, U.S ., UAE Locations: Russian, Egypt, Ethiopia, Iran, United Arab, Brazil, Russia, India, China, South Africa, Kazan, Moscow, Ukraine

☆ When campaign and football season collide: Harris and Trump battle for sports fans: From the Politics Desk
▼ + stars: | 2024-10-18 | by ( The Politics Desk | ) www.nbcnews.com time to read: +9 min

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

HAVANA — The electricity went out Friday in Cuba, affecting the entire island's population of 10 million after one of its main power plants failed, according to Cuba’s energy ministry. But it wasn’t enough, and by 11 a.m. the largest power plant went offline, causing a grid failure. In some provinces outside the capital, Havana, many people have been facing power outages that last up to 12 hours at a time. Cuba’s ally and main oil supplier, Venezuela, has decreased the amount of shipments it sends to the island. Oil shipments from other countries, like Russia and Mexico, have also been greatly diminished.

Persons: Miguel Díaz, Manuel Marrero, ”, Donald Trump, Carmen Sesin, Orlando Matos Organizations: Authorities, NBC News Locations: HAVANA, Cuba, Havana, Venezuela, Russia, Mexico, Old Havana, Miami

WASHINGTON — Kamala Harris' presidential campaign is ramping up efforts to court male voters two weeks before Election Day with ads on platforms frequented by men who like fantasy sports, sports betting, sports news and video game websites. Kamala Harris is the average Joe underdog and … Ha No, this isn’t a time for jokes," he said. Since she jumped into the race, Harris has been trying to attract men to support her, but Trump continues to perform better among male voters. NBC News’ recent poll found that 56% of male registered voters support Trump, while 40% of them support Harris. According to the Harris campaign, it's also trying to break through and reach men on platforms such as TikTok and live-streaming site Twitch.

Persons: WASHINGTON — Kamala Harris, Harris, Donald Trump, Magic Johnson, Johnson, He’s, Kamala, Ben Stiller, Kamala Harris, …, Trump, it's, It's Organizations: Yahoo Sports, IGN, America, NBC, Trump, MLB

☆ China says it is beefing up efforts with U.S. to combat smuggling
▼ + stars: | 2024-10-18 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +1 min

HONG KONG — China is strengthening enforcement with nations such as the United States to combat smuggling and other serious crimes, state media reported Friday, citing the country’s National Immigration Administration. Smugglers and cross-border criminal groups at home and abroad have recently been “deceiving some people to participate in smuggling activities,” the administration said, without giving a specific time period or clarifying whether the smuggling involved goods, people or both. The United States has this year deported Chinese people who sought to enter the country illegally back to China with charter flights. The difficulty of obtaining U.S. visas and the economic aftershocks of China’s Covid-19 lockdowns led to a sharp increase in Chinese nationals presenting at the U.S.-Mexico border. That is more than the 52,700 who crossed in the entire 2023 fiscal year that ended in October.

Persons: lockdowns Organizations: Immigration Administration, United Locations: HONG KONG — China, United States, China, U.S, Mexico, Canada

☆ China just triggered more stimulus measures, even as it says its economy is showing 'stable growth'
▼ + stars: | 2024-10-18 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

The People's Bank of China triggered two market support programs after China announced economic data. China's economy grew 4.6% in the third quarter of this year, the country's statistics bureau announced as it touted a "stable growth trend." "The property market unsurprisingly remains the biggest drag on China's growth," wrote Song, adding that stabilization in the real estate market remains "elusive." China's economy is being dragged by factors including a property crisis, high youth unemployment, and deflation. He added that he expects Beijing to continue to do more to support growth so the economy can enter 2025 on better footing.

Persons: —, Sheng Laiyun, China's, Lynn Song, Betty Wang, Larry Hu, Rajiv Biswas, who's, Wang Organizations: People's Bank of China, Service, Reuters, Greater China, ING, Oxford Economics, People's Bank of, Macquarie Group Locations: China, Greater, People's Bank of China, Beijing

☆ Stock market today: US stocks close at records and notch 6-week win streak amid solid earnings
▼ + stars: | 2024-10-18 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

The Dow and the S&P 500 hit all-time highs Thursday as US stocks hit a six-week win streak. Strong third-quarter earnings from Netflix and Intuitive Surgical led to massive 10%+ stock gains. Upcoming earnings reports and economic data releases will be closely watched by investors next week. Shares of Netflix and Intuitive Surgical soared more than 10% to record highs after their third-quarter earnings bested analyst's profit and revenue estimates. Next week, on the economic data front, investors will monitor the release of September's US leading economic indicators index, data on existing home sales, and consumer sentiment.

Persons: —, Dow Organizations: Dow, Netflix, Service, Nasdaq, Dow Jones, Texas, Tesla Locations: FactSet

☆ S&P 500 eyes another record close — plus, our 2 health-care stocks that defied the group
▼ + stars: | 2024-10-18 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Markets: The S & P 500 is on pace for another record close and its sixth straight positive week. Financials also continued their strong run this week thanks to strong earnings from banks such as Club holding Morgan Stanley and other financial services companies. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, hasn't, Financials, Morgan Stanley, Danaher, we'll, Jim Cramer's, Jim Organizations: CNBC, ., ASML Holdings, Taiwan Semiconductor Manufacturing Company, Nvidia, bellwether, Abbott Laboratories, UBS, Mizuho, . Energy, Texas, OPEC, International Energy Agency, Coterra Energy, Dow Jones, Dover, Honeywell, Jim Cramer's Charitable

☆ Minimum wage is on the ballot in 5 states this November. Here's how the votes could go
▼ + stars: | 2024-10-18 | by ( Annie Nova | ) www.cnbc.com time to read: +6 min

"Since 2014, 12 states have passed minimum wage increases through ballot measures," Martinez Hickey told CNBC. Meanwhile, voters in Arizona will decide on a ballot measure that would lower the minimum wage for tipped workers. Here's what's at stake for workers who make the minimum wage, and the employers who pay them, in next month's election. 1 would raise the minimum wage to $13 in 2025, and to $14 in 2026. Question 5 in Massachusetts would slowly phase out its tipped minimum wage of $6.75 per hour, until it eventually matches the state's standard minimum wage by 2029.

Persons: Lucy Nicholson, Sebastian Martinez Hickey, Martinez Hickey, Here's, erick Pasquier, Joelle, Hall, Kati Capozzi, Capozzi, Richard von Glahn Organizations: California Labor, Reuters, Economic, Institute, CNBC, Alaska AFL, Alaska Chamber, Healthy Families, San Francisco, LAO, Massachusetts Institute of Technology Locations: Alaska , Missouri, California, Arizona, Alaska, United States, Bering Sea, Missouri, North America, U.S, Massachusetts Institute of Technology . Massachusetts, Massachusetts

☆ Half of all global food threatened by growing water crisis, report says
▼ + stars: | 2024-10-17 | by ( David Hodari | David Hodari Is A London-Based Editor. | ) www.nbcnews.com time to read: +3 min

“The global water crisis is a tragedy but is also an opportunity to transform the economics of water — and to start by valuing water properly so as to recognize its scarcity,” said Ngozi Okonjo-Iweala, Director General of the World Trade Organization and one of the commission’s co-chairs in a statement. With nearly three billion people already in areas experiencing unstable water trends and several cities sinking due to the loss of below-ground water, densely populated areas such as northwestern India, northeastern China and southern and eastern Europe will bear the brunt of global water mismanagement, the report says. “The global water crisis is a ticking time bomb. Even so, a lack of public funds being devoted to water issues by lawmakers around the world will do little to solve the problem. Governments “can’t even react to the symptoms of the water problem, let alone solve the problems if they’re being fiscally strangled,” said UCL's Mazzucato.

Persons: ”, Ngozi, Mariana Mazzucato, we’ve, Mazzucato, Tim Wainwright, “, they’re, UCL's Mazzucato Organizations: World Trade Organization, University College London Institute for Innovation, Purpose, NBC News, OECD, United Nations Locations: India, China, Europe, Netherlands

☆ Cleveland Browns plan to leave Cleveland stadium for Brook Park dome
▼ + stars: | 2024-10-17 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +3 min

A general view of Huntington Bank Field during an NFL football game between the Cleveland Browns and the New York Giants, Sunday, Sept. 22, 2024, in Cleveland. The Cleveland Browns are leaving the shores of Lake Erie. The Browns plan to leave their current open-air stadium in the city of Cleveland for a yet-to-be-built domed stadium in Brook Park, Ohio, according to a press release from Cleveland Mayor Justin Bibb that was later confirmed by the Browns owners. Brook Park is just over 16 miles from the Browns' current stadium, which was built in 1999. The Cleveland Browns are valued at $6.02 billion, according to CNBC's Official 2024 NFL Team Valuations.

Persons: Cleveland Mayor Justin Bibb, Dee Haslam, Bibb, Taylor, Dee, Jimmy Haslam Organizations: Huntington Bank Field, NFL, Cleveland Browns, New York Giants, The Cleveland Browns, Browns, Cleveland Mayor, CNBC, Haslam Sports Group, Associated Press, Huntington National Bank Locations: Cleveland, Lake Erie, Brook Park , Ohio, Bibb, City, Park

☆ America's chipmaking push will continue no matter who gets elected
▼ + stars: | 2024-10-17 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +9 min

US efforts to produce semiconductor chips will continue regardless of who wins the election. AdvertisementNo matter who wins the presidential election this November, President Joe Biden can rest easy knowing one thing: The US's chip manufacturing push isn't going anywhere. The US has seen its share of overall chip production fall from 37% of the world's supply in 1990 to 12%. While many factories remain under construction, the federal funding has already helped boost US chip production. According to a report published last year by the trade and lobbying group Semiconductor Industry Association and Oxford Economics, the US semiconductor industry will face a shortage of 67,000 workers by 2030, including technicians, computer scientists, and engineers.

Persons: Harris, Trump, —, Joe Biden, Biden, Kamala Harris, Donald Trump, Stephen Ezell, Anna Kelly, Kelly, Arizonans, Chris Miller, Mark Muro, Dylan Patel, SemiAnalysis, Ezell, Muro Organizations: Service, Trump, Information Technology, Innovation Foundation, ITIF's Center for Life Sciences, Biden, Republican, Intel, American Enterprise Institute, Brookings Metro, Apple, Nvidia, Democratic, Semiconductor Industry Association, Oxford Economics Locations: Arizona, USA, China, Taiwan

☆ Dow futures are little changed after blue-chip average closes at all-time high: Live updates
▼ + stars: | 2024-10-17 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Dow Jones Industrial Average futures sat near flat Thursday night after the blue-chip average finished the preceding session at a record closing level. S&P 500 futures and Nasdaq 100 futures were rose 0.1% and 0.2%, respectively. Those moves come after a rally in Travelers propelled the Dow to finish Thursday at an all-time closing high. The broad S&P 500 inched lower despite notching a fresh intraday high during the session, while the technology-heavy Nasdaq Composite concluded modestly higher. That would mark the longest weekly winning streaks in 2024 for both the Dow and S&P 500.

Persons: Dow, They'll, Raphael Bostic, Neel Kashkari, Liz Young Thomas Organizations: Dow Jones Industrial, Nasdaq, Netflix, Travelers, Dow, Atlanta Federal Reserve, Minneapolis Fed, American Express, Procter, Gamble

☆ A strong dollar is a key risk to the stock market's big rally, Morgan Stanley CIO says
▼ + stars: | 2024-10-17 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +4 min

Morgan Stanley's Mike Wilson says the stock market's bull run could slow if the dollar strengthens again. AdvertisementMorgan Stanley's top stock strategist is eyeing one risk in particular that could threaten the stock market's big rally: a stronger US dollar. According to the firm's chief US equity strategist, Mike Wilson, a dollar re-strengthening could hinder stock gains. The greenback weakened as markets prepared for steep rate cuts, but that move has reversed in recent weeks as strong economic data makes more aggressive policy easing less likely. Wilson's call comes two years into the market's bull rally, with major indexes continuing to hit fresh all-time highs.

Persons: Morgan, Mike Wilson, —, that's, Wilson Organizations: Service, Bloomberg Radio, Federal Locations: China, Japan

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