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With Election Day upon us, many investors are wondering how to, or if they even should, position their stock portfolios ahead of knowing who the next president will be. Indecision will hurt the stock market, not destroy it, but bruise it because the only thing markets really hate is uncertainty." Jim also wrote Sunday that the stock market will more than likely be just fine no matter who wins the presidency. Bottom line A quick and decisive presidential election outcome — one way or the other — is what's best for the stock market. Combination with Former President and Republican Presidential Candidate Donald Trump (L), and Vice President and Democratic Presidential Candidate Kamala Harris.
Persons: Donald Trump, Kamala Harris, That's, Joe Biden, Jim Cramer, Jim, we've, Barack Obama, Biden, George W, Bush, Richard Nixon, Jim Cramer's Organizations: NBC News, Democratic, Republican, Trump, JPMorgan, Dow, Nasdaq, Federal Reserve, Jim Cramer's Charitable, CNBC
Capital One Quicksilver Student Cash Rewards Credit Card OverviewCapital One Quicksilver Student Cash Rewards Credit Card Apply now lock icon An icon in the shape of lock. Capital One Savor Student Cash Rewards Card ReviewCapital One Quicksilver Student Card vs. the Bank of America® Unlimited Cash Rewards Credit Card for StudentsThe Bank of America® Unlimited Cash Rewards Credit Card for Students is another strong option, offering a flat 1.5% cash back on all purchases, similar to the Capital One Quicksilver Student card. Bank of America Unlimited Cash Rewards Card for Students ReviewCapital One Quicksilver Student Card Frequently Asked QuestionsWhat is the difference between Quicksilver Rewards and Quicksilver Rewards for Student? The difference between the Quicksilver Rewards Card and the Quicksilver Rewards Card for Students is that the former offers more perks. Why You Should Trust Us: How We Reviewed the Capital One Quicksilver Student Cash Rewards Credit CardOur experts evaluated the Capital One Quicksilver Student Cash Rewards Credit Card relative to other student credit cards and cards for folks with fair or average credit.
Persons: it's, That's, you'll, , There's, Modest, David McMillin David McMillin, Guy, David, he's, Angela Fung, Read, Gabriel Vito Gabriel Vito, Gabriel, Education Gabriel, ExperienceExpertiseEducation Read Organizations: Business, Bank of America, Capital, Chevron, Entertainment, Walmart, Gas, Quicksilver, The Bank of America, Review, Finance, Forbes, CNN, University of California, Banking, Education, The University of California Locations: Capital One's, Chicago, Alaska , Utah , Oklahoma, Vermont, Riverside
Janet Boudreau, who owned the election supply business Intab, designed an "I Voted" sticker in 1987. In recent years, some states have held "I Voted" sticker design contests with unusual winners. One of the earliest mentions of "I Voted" stickers dates back to a 1982 Miami Herald article about discounts offered to customers wearing the stickers, Time magazine reported. Even so, stickers were rarely given out on Election Day until 1987, when Boudreau took over Intab, her father's election supply business then based in Seattle. "I Voted" stickers.
Persons: Janet Boudreau, , Boudreau, Intab, " Boudreau, Paul Bersebach, Getty Images Boudreau, Hudson Rowan, Jane Hynous, Kamala Harris, Amy Lemus Organizations: Service, Miami Herald, MediaNews, Orange, Getty Images, Getty Locations: American, Miami, Seattle, America, Ulster County , New, Pontiac
The Israeli prime minister was engulfed in scandal Monday over a case involving one of his aides that has sent shockwaves across the country. The firestorm — brought into public view when an Israeli court loosened a gag order Sunday night — has enraged Netanyahu's political opponents and hostage families. Palestinians fill containers with clean water in the midst of the devastation in Beit Lahia, northern Gaza on Sunday. The Israeli leader faced mounting outrage from hostage families and much of the country's public over his failure to agree to a cease-fire deal. Prime Minister of Israel Benjamin Netanyahu during the United Nations General Assembly in New York on Sept. 27.
Persons: Benjamin Netanyahu, , Netanyahu, Shin, Eliezer Feldstein, Feldstein, Israel Benjamin Netanyahu, Pamela Smith, Benny Gantz, it’s, Yair Lapid, Lapid Organizations: Rishon, Zion, Israel Defense Forces, Israel Security Agency, AFP, Getty, NBC, Chronicle, Jewish, NBC News, Military Intelligence Directorate, United Nations General Assembly, AP Locations: Gaza, Beit Lahia, London, Egypt, Israel, Philadelphi, New York, Netanyahu's
CNN —Shares of former President Donald Trump’s social media company roared higher on the final day before the US presidential election. Traders have used Trump’s stock as a kind of barometer for the former president’s perceived reelection chances. Similarly, when Harris began to make a comeback in online betting markets, Trump’s media stock began to implode. The Trump stock is a “meme stock,” a speculative trade that can vary wildly for just about any reason. The broader stock market Monday was also bouncing around a bit, although it was far less volatile than Trump’s media stock.
Persons: Donald Trump’s, Trump, Kamala Harris, Harris, Dow Organizations: CNN, Trump Media & Technology, Truth, Traders, Trump, Nasdaq Locations: Harris
The Fed is going to cut interest rates by 50 basis points in December, Citi economist Veronica Clark said. Labor market weakness is showing across a number of data points, she said. According to Veronica Clark, deteriorating labor dynamics will force the central bank to cut rates by 50 basis points in December. Her point has grown more evident after October's jobs report underwhelmed expectations with only 12,000 jobs added. AdvertisementThough October's unemployment rate stayed unchanged on a rounded basis, Clark noted that it was it nearly rounded to 4.2%.
Persons: Veronica Clark, It's, Clark, , Reserve isn't Organizations: Citi, Labor, Service, Reserve, Bloomberg
Celebrity personal trainer Luke Worthington focuses on longevity over hitting fitness personal bests. AdvertisementWorthington, who has trained celebrities including Dakota Johnson, Naomi Campbell, and Jodie Comer, shared his longevity non-negotiables with BI. Luke Worthington used to prioritize his work over his fitness. Luke WorthingtonThree times a week, Worthington strength trains using the "3 x 52" format he uses with his clients. While Worthington used to rely on recipe boxes and convenience foods, he's started cooking from scratch over the past year.
Persons: Luke Worthington, , he's, it's, Worthington, Dakota Johnson, Naomi Campbell, Jodie Comer, wasn't, Luke Worthington Worthington, I've Organizations: Service, Worthington Locations: London
He has given more than $118 million to a pro-Trump super PAC and hit the campaign trail to stump for Trump in Pennsylvania. CCDH’s research is based on an analysis of publicly available data from X about Musk’s own posts and spending by political campaigns to promote ads on the platform. The nonprofit tallied up how many views Musk received on 87 specific posts that contained false claims about the 2024 election that were debunked by fact-checkers. The 2024 election is the first presidential cycle with the platform under Musk’s control since his takeover of the company formerly known as Twitter two years ago. Based on that information, Ahmed’s group determined that Musk’s election-related posts – boosting Trump and slamming Vice President Kamala Harris – were worth about $24 million.
Persons: Elon Musk, Donald Trump, Musk, Kamala Harris, Harris, , Elon Musk’s, ” Imran Ahmed, Ahmed, X, ” Ahmed, it’s, Kamala Harris –, Organizations: Washington CNN —, SpaceX, Trump, PAC, Center, CNN, Democrats, Elon, Twitter, Guardian Locations: Trump, Pennsylvania
Altman also emphasized saying no, echoing Steve Jobs' leadership philosophy. AdvertisementThe leadership traits that Sam Altman values may sound familiar to those who have studied Steve Jobs and Warren Buffett. Altman said the team tries to be "rigorous" about straying away from "fantastical dreams" or goals — a strategy reminiscent of the late Apple cofounder Steve Jobs. Advertisement"The main thing I stressed was focus," Jobs had said about his visit to Larry Page, biographer Walter Isaacson wrote in the Harvard Business Review. "The difference between successful people and really successful people is that really successful people say no to almost everything," the Berkshire Hathaway CEO once said.
Persons: Sam Altman, Altman, Steve Jobs, Warren Buffett, , Kevin Weil, Jobs, Larry Page, Walter Isaacson, Apple's, Jerry Yang, Insider's Nicholas Carlson, Marissa Mayer, — that's, Alman, Sora Organizations: Service, Apple, Harvard Business, Yahoo, Stanford University, Conference, Berkshire Hathaway Locations: Hollywood
The yield on 10-year Treasury was last down by over six basis points, hovering around the 4.3% mark. The yield on the 2-year Treasury was last down by more than three basis points to 4.1661%. U.S. Treasury yields were lower on Monday as investors braced for a busy week which will see voters head to the polls for the U.S. presidential election and the Federal Reserve's next interest rate decision. Investors are also focused on the Fed's interest rate decision at the central bank's policy meeting on Thursday. Traders are were last pricing in a 99% chance of a quarter-point interest rate cut, according to CME Group's FedWatch tool.
Persons: Kamala Harris, Donald Trump, Jerome Powell Organizations: Treasury, U.S, Federal, U.S . House, NBC, PMI
Apple is expected to expand Apple Intelligence with an iOS 18.2 update on December 2. Apple said it plans to build out Apple Intelligence over the next several months, with drops in December and April. Related Video How AI will change the iPhone and other Apple productsWith visual intelligence, Apple said iPhone 16 owners can use their new Camera Control button to get information on objects or places — or translate languages with AI. While its rivals have been quick to announce and launch their AI offerings, Apple is taking a slower approach. Apple Intelligence was announced at the Worldwide Developer Conference in June.
Persons: , Apple, Siri Organizations: Apple, Apple Intelligence, Service, Bloomberg, Microsoft, Meta, Worldwide, Conference
Russian President Vladimir Putin is engaging in a war of attrition in Ukraine. AdvertisementKamala Harris and Donald Trump have starkly different visions of how they'll seek to end one of the gravest security crises in recent decades: the Ukraine war. North Korea is also believed to have sent thousands of troops to aid Russia in its war against Ukraine, per officials from South Korea, Ukraine, and the US. It's a war Putin has staked Russia's economic future on, underlining the importance of victory for the Russian leader. China is observing the Ukraine conflict closely as it weighs whether to launch an invasion of US-ally Taiwan.
Persons: Vladimir Putin, , Kamala Harris, Donald Trump, Harris, Joe Biden, Trump, Putin, Oleksandr Lytvynenko, Robert Dover, Mikhail Svetlov, he's, Biden, JD Vance, Paul Cormarie, it's, Alexander Mertens, Taiwan, Dover, Jonathan Ward, Peter Schroeder, Schroeder Organizations: Service, National Security Council, Ukraine, Intelligence, National Security, University of Hull, UK, Business, Trump, Russia, NATO, RAND, Anadolu, Getty, Allies, Hudson Institute, BI, National Intelligence Council, Foreign Relations Locations: Ukraine, Russia, Ukraine Russia, Korea, South Korea, Helsinki, Ukrainian, Europe, Washington, Moscow, It's, China, India, Dover, Taiwan, United States, Asia, Eurasia
Companies that buy the largest share of their goods from China could be damaged the most by plans to raise tariffs under another Trump presidency, according to Goldman Sachs. Goldman Sachs analyst Brooke Roach wrote, "53% of goods were sourced from China as of FY23, though the company is targeting mid-teens by FY24." Most analysts covering the name are neutral, although the average price target is approximately 12% above Best Buy's current price. Analysts are generally neutral on RH, with the average price target only 2% above where shares are currently trading. Analysts are also generally neutral on this stock, with the average price target indicating potential 3% downside over the next 12 months.
Persons: Trump, Goldman Sachs, Donald Trump, Brooke Roach, Roach, RH Organizations: Trump, Analysts Locations: China, Asia, Vietnam, Indonesia, India
Benefits of a joint credit cardA joint credit card can offer various benefits, particularly for couples, close friends, or family members. How to apply for a joint credit cardUnderstanding eligibility criteria and the necessary documentation is the first step in your joint credit card journey. Application process and requirementsApplying for a joint credit card is, for the most part, the same as applying for a credit card as an individual. Best practices for resolving disputes over joint credit card expensesOpening a joint credit card can lead to stressful — and expensive — disagreements if you and the co-cardholder aren't on the same page. Frequently asked questions about joint credit cardsCan joint credit cards affect both credit scores?
Persons: , You'll, cosigning, Eric Rosenberg, Eric, Read, Meghan Hunter Meghan Hunter, Guy, she's, Meghan Organizations: Apple, U.S . Bank, Finance Locations: Chevron, Ventura , California, Portugal
Voting systems: How we know the election is secure
  + stars: | 2024-11-04 | by ( Zachary Wolf | ) edition.cnn.com   time to read: +14 min
Musk has used X to spread unfounded allegations about voting systems, laying groundwork to question the election before it happens. To better understand the security of US voting systems and why there’s no indication that they’re not secure, I talked to CNN’s Zachary Cohen, who covers national security, and Sean Lyngaas, who covers cybersecurity. There are three large election equipment vendors in the US: Dominion; ES&S, or Election Systems and Software; and Hart InterCivic. Dominion Voting Systems ballot-counting machines are lined up at a Torrance County warehouse during testing of election equipment with local candidates and partisan officers in Estancia, New Mexico, on September 29, 2022. COHEN: We know people, these pro-Trump operatives and lawyers, have already gotten access to election software – voting software, voting systems in Georgia, copied the entire election database from several counties.
Persons: Donald Trump, Elon Musk, Trump, , CNN’s Zachary Cohen, Sean Lyngaas, Hart InterCivic, Andres Leighton, COHEN, we’ve, Sean, We’ve, there’s, Hart, they’ll, It’s, Elon, Kamala Harris, Doug Logan, Joe, Biden, Stephen Richer, Richer, that’s, hasn’t, they’re, Tina Peters, it’s Organizations: CNN, Dominion, Fox News, Software, Federal, Trump, Idaho National Labs, Department of Energy, Arizona, Team Trump Locations: Pennsylvania, Torrance County, Estancia , New Mexico, County ( Georgia, Coffee, Mesa County , Colorado, Michigan, Georgia, Idaho, Maricopa, Maricopa County , Arizona, Colorado
Moreover, 87% believe the benefits of artificial intelligence (AI) outweigh its risks. Some of the world's top business leaders are using AI to conquer a familiar pet peeve at work: a cluttered inbox. Now, Cook, 64, relies on summaries from Apple Intelligence, the tech giant's newest AI offering. Even before Apple Intelligence was released to the public on iOS devices on Oct. 28, Cook said it changed his productivity and daily habits. AI has also helped Cuban be more efficient in his personal life.
Persons: Tim Cook, Cook, It's, Mark Cuban, Gemini's, Cuban Organizations: Gartner, Apple, Wall Street, Apple Intelligence, CNBC, Google, Gmail Locations: Cuban
Mike Verdu, Netflix's former games chief, is now leading AI-driven game development. Netflix's games division, launched in 2021, has faced shifts and leadership changes. AdvertisementMike Verdu, Netflix's former games chief, has moved into a new role: he's now leading a generative AI gaming division at the streaming giant. Netflix launched a games division in 2021. He wrote that after Netflix games started to scale up, he recognized his strength was in running smaller teams.
Persons: Mike Verdu, , he's, Verdu, he'd, Alain Tascan, Greg Peters, Netflix's, there's, We've, Verdu didn't Organizations: Service, LinkedIn, Netflix, Epic Games
In late-September reports, strategists at J.P. Morgan and Fitch Ratings had predicted two additional interest rate trims by the end of 2024 and expect such reductions to continue into 2025. The CME Group's FedWatch tool puts the probability of a 25-basis-point cut at this week's November meeting at 98%. The current probability of the benchmark rate being taken down by another 25 basis points at the December meeting is 78%. "The end of financial repression, of zero interest rates and zero inflation, that era is over. Interest rates will be higher, will be challenged around the world.
Persons: Brendan McDermid, Saudi Arabia —, aren't, Morgan, CNBC's Sara Eisen —, Goldman Sachs, Carlyle, Morgan Stanley, Jenny Johnson, Franklin Templeton, Larry Fink, " Fink, David Solomon, Ted Pick, Pick, Francis Fukuyama Organizations: New York Stock Exchange, Reuters, Wall, Federal Reserve, Fed, Fitch, Saudi, Future Investment Initiative, Standard Chartered, CNBC, U.S . Bureau of Labor Statistics Locations: Reuters RIYADH, Saudi Arabia, U.S, BlackRock
A new report by Experian found that 67% of polled Gen Zers and 62% of surveyed millennials are using artificial intelligence to help with their personal finances. Users say that generative AI tools like ChatGPT have helped in areas including saving and budgeting (60%), investment planning (48%) and credit score improvement (48%). The Gen Z respondents were ages 18 to 27 while millennials were ages 28 to 43. According to data Experian provided to CNBC, 98% of Gen Z adults and 98% of millennials had a positive experience with the software. While using generative AI can help as a first step to drawing up a budget or figuring out how to increase your credit score, always verify the information through external resources, experts say.
Persons: Experian, Gen Zers, Christina Roman, millennials, Xers Organizations: Finance, CNBC
Stock futures were little changed in overnight trading ahead of Tuesday's high-stakes U.S. presidential electionFutures tied to the Dow Jones Industrial Average added 20 points. S&P 500 futures and Nasdaq-100 futures inched about 0.1% higher. The latest poll from NBC News suggests the race is "neck and neck" between former President Donald Trump and Vice President Kamala Harris. The results could heavily affect where stocks end the year, but investors may want to brace for some near-term choppiness. Traders are pricing in 98% odds of a quarter-point cut following September's half-point reduction, according to CME Group's FedWatch Tool.
Persons: Stocks, Dow, Donald Trump, Kamala Harris, Adam Parker, Jerome Powell Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, NXP, U.S, Treasury, NBC News, Congress, Republicans, CNBC, Super Micro, Yum Brands
Stock futures dipped in overnight trading Sunday as investors geared up for the highly-anticipated U.S. presidential election. S&P 500 futures and Nasdsq-100 futures edged lower. Stocks are coming off a strong start to November, with Amazon and big technology stocks boosting the tech-heavy Nasdaq Composite and S&P 500- 0.8% and 0.4%, respectively. Along with the election, Wall Street is bracing for the latest rate decision from the Federal Reserve. Earnings seasons presses on with about a fifth of the S&P 500 slated to report in the coming week.
Persons: , Donald Trump, Kamala Harris, CFRA Research's Sam Stovall, CNBC's, We've, Jerome Powell, Sarah Min Organizations: Dow Jones Industrial, Amazon, Nasdaq, Dow Jones, NBC, U.S . House, Republican, Democratic, Federal Reserve, Traders, Micro, Moderna, CVS Health, Qualcomm, Wynn Resorts
"Dealing with social anxiety can be challenging, but there are several approaches that might help," the bot responded. "Cathy represents our innovative approach to leveraging technology in support of spiritual exploration," says Rev. Lorenzo Lebrija, the founding director of TryTank and an Episcopal priest. But they've designed it to help spiritual seekers talk about subjects they feel "vulnerable or defensive" about. John Brandon is a journalist who has published over 15,000 articles on social media, technology, leadership, mentoring, and many other topics.
Persons: Cathy, It's, Lorenzo Lebrija, Lebrija, Andrew Doyle, Jesus, Chatbot Eli, Gita GPT, Father Justin, they've, Elon Musk, Joshua K, Smith, I'm Cathy, Sam Altman, Thomas Telving, Richard Zhang, I've, , Rev, Doyle, Telving, John Brandon Organizations: TryTank Research, Episcopal, Episcopal Church, of, Gatorade, Google Locations: of Texas
Octavio Jones | ReutersExecutives at America's largest companies are talking publicly with investors about the presidential election more so than in recent cycles. The word "election" came up on 100 earnings calls of S&P 500 -listed firms between Sept. 15 and Oct. 31, according to FactSet. The U.S. presidential election is Tuesday Nov. 5. 'Prudent' clientsMultiple companies cited a feeling of unpredictability tied to the presidential race among consumers and business clients. To be sure, some of the "election" mentions this year were tied to unrelated events like enrollment periods for health care.
Persons: Blythe Andrews , Jr, Octavio Jones, Kamala Harris, Donald Trump, Richard Tobin, FactSet, John Butters, Harris, Trump, Harry Lawton, Hurricanes Helene, Andrew Watterson, Michael Bayley, Gary Hershorn, Stanley Black, Decker, Donald Allan, Decker's Allan, William Grogan, Jon Vander Ark, Eric Ashleman, hasn't, Nonfarm payrolls, Equifax, Mark Begor, Stephen Squeri, we've, Mark Parrell Organizations: Public, Reuters, America's, CNBC, U.S, Dover, Tractor Supply, Hurricanes, Southwest Airlines, Royal, Hollywood International Airport, Corbis, Republican, Republic, Boeing, Tyler Technologies, American Express, Equity Locations: Tampa , Florida, U.S, Milton, Royal Caribbean, Fort Lauderdale, Fort Lauderdale , Florida, America, China
A screengrab from a video shows security cam footage of Davis Moturi prior to allegedly being shot by his neighbor John Sawchak, while Moturi was doing yard work at his home. John Sawchak Hennepin County Sheriff's OfficePolice were first dispatched to the home in October 2023 after Sawchak allegedly made threats involving “disparaging racial comments” at Moturi. Then, a week before the shooting, Sawchak allegedly stood outside the Moturis’ home with a firearm and pointed the gun at Davis through the window, according to prosecutors. On October 23, Sawchak allegedly shot Moturi in the neck from his second-floor window. Yet his arrest has done little to quell renewed tensions between the Minneapolis officers and the community they have sworn to protect and serve.
Persons: , holing, John Sawchak, Sawchak, Davis Moturi, John Miller, , ” Miller, George Floyd, ” Moturi, I’m, Brian O’Hara, Sawchuk, ” O’Hara, O’Hara, Minneapolis Mayor Jacob Frey’s, , Davis, Moturi, k3nyaf33lmeeee, Caroline Moturi, ” Davis Moturi, KARE, Sawchak “, Chuck Wexler, George Floyd Last, Wexler, ” Wexler, Philip Solomon, ” Solomon, Brian O'Hara, Minneapolis . Minneapolis Police Wexler, Moturi – Organizations: CNN, Minneapolis Police Department, Minneapolis Police, Minneapolis City, Minneapolis Mayor, John Sawchak Hennepin County Sheriff's, Police, Minneapolis, Research, , ’ Police, Center for Policing Equity, Minneapolis . Minneapolis Police Locations: Minneapolis, City, John Sawchak Hennepin County, Moturi, Davis, “ Minneapolis
Ulta Beauty’s Early Black Friday Sale runs through November 23rd and you can get up to 40% off certain products. From now until November 3, skin care is on sale. Early Black Friday deals to shop now:The best early Black Friday Ulta deals“This is one of my go-to cleansers,” says NBC Select editor Lindsay Schneider, who received it from the brand. Why trust NBC Select? Bethany Heitman is a contributor at NBC Select and a journalist who regularly covers beauty, home and lifestyle.
Persons: Mario Badescu, Ulta Beauty’s, , Lindsay Schneider, Christina Colizza, Bianca Alvarez, “ I’ve, Ella Morrissey, , Zoe Malin, There’s, Bethany Heitman, TikTok Organizations: NBC, Facebook, Twitter Locations: pimples
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