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☆ Trump argues special counsel's evidence in federal election case shouldn't be released before Election Day
▼ + stars: | 2024-10-10 | by ( Zoë Richards | Zoë Richards Is A Politics Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

Attorneys for Donald Trump on Thursday argued against the release of additional evidence in the former president's federal election interference case in the lead up to Election Day. A spokesperson for the special counsel’s office declined to comment on the filing. Prosecutors from Smith's office had previously rebuffed assertions from Trump's attorneys that the government was "motivated by improper political considerations." The federal election case was upended after the Supreme Court’s immunity ruling which found that Trump has some protection from prosecution related to official acts. A judge overseeing that case last month granted the former president's request to further postpone his sentencing hearing until after Election Day.

Persons: Donald Trump, mischaracterized —, Trump, Jack Smith’s Organizations: Trump Locations: Georgia, New York

☆ Oil oversupply could send prices tumbling in 2025, energy analyst says
▼ + stars: | 2024-10-10 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Oil could see a decline to a "much, much" lower price, according to crude analyst Tom Kloza. Oversupply will weigh on oil prices in 2025, Kloza predicted. AdvertisementThe oil market is headed into a troubled year in 2025, and crude prices may fall "much, much" lower, according to Tom Kloza, global head of energy analysis at Oil Price Information Service. The oil analyst said crude prices would experience more downward pressure in 2025 despite concerns that conflict in the Middle East could escalate and send prices higher. "It was pointing lower, and I think it's still pointing lower.

Persons: Tom Kloza, Kloza, —, Goldman Sachs, Brent Organizations: Service, Oil Price Information Service, Traders, CNBC, Energy Information Administration, Giants, Jets Locations: Saudi Arabia, Iraq

☆ Stephen from 'Love Is Blind' is posting through his 'villain arc' after his scandal in the latest episodes
▼ + stars: | 2024-10-10 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +9 min

AdvertisementStephen tells Monica early on that he cheated in a prior relationshipStephen on "Love Is Blind" season 7. On that same date, he also tells Monica that he recently learned he had West African ancestry, not Italian as he previously thought. When Monica tells him that she had seen texts from the day of their conversation, he says he didn't remember sending them. After Stephen tells Monica he'll leave, Monica asks him to send her the money she spent to front their expenses. After the episodes premiered, Stephen posted several memes on his Instagram story about entering a "villain arc" on the show.

Persons: Monica, Stephen, —, Leo, Brittany, he's, Netflix Stephen, Donald Trump, Hillary Clinton, Trump's, Joe Biden, Netflix Monica, It's, Taylor, Stephen debrief, Monica he'll, shouldn't, Garrett, Stephen doesn't, we're Organizations: Netflix, Service, Honduran Locations: Mexico, Instagram

☆ Americans living overseas face being taxed twice. Donald Trump wants to change that.
▼ + stars: | 2024-10-10 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Americans living abroad shouldn't owe taxes on the same income in two countries, Donald Trump said. "I support ending the double taxation of overseas Americans," he told The Wall Street Journal. AdvertisementAmericans living abroad shouldn't be taxed twice on the same income by two different countries, Donald Trump said. "I support ending the double taxation of overseas Americans," the former president told The Wall Street Journal in a statement. "Fellow Americans living abroad, your vote is more important than ever," Trump told the Journal.

Persons: Donald Trump, Trump, Kamala Harris, —, He's Organizations: Wall Street, Service, Republican, Social Security, Democratic, Voting Locations: Dubai, Monaco

☆ I've been a chef for over 10 years. Here are 10 tips for making foods everyone should know how to cook.
▼ + stars: | 2024-10-09 | by ( Tori Hazelett | ) www.businessinsider.com time to read: +1 min

Life is too short to eat dry meat, so try brining. Brining creates flavorful, juicy proteins. Svittlana/ShutterstockYou've probably heard of brining, which rose to popularity in the early 2000s and involves soaking a turkey in gallons of salt water. Once I switched to dry brining, I never looked back. Just fill a lidded bowl with your brine mixture and soak the chicken in it for at least 30 minutes.

Persons: Brining, Shutterstock You've

☆ AOC promises an 'out-and-out brawl' if Harris removes FTC chair Lina Khan as president
▼ + stars: | 2024-10-09 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +3 min

AOC tweeted in response to Mark Cuban saying Harris shouldn't keep Khan on as chair of the FTC. AdvertisementRep. Alexandria Ocasio-Cortez made it clear that when it comes to economic regulation, Vice President Kamala Harris can't please everyone. AOC took to X, formerly known as Twitter, to respond to comments from billionaire and Harris surrogate Mark Cuban. AdvertisementThroughout the election, Harris has leaned on her California roots to woo business and tech leaders, including Cuban, Reid Hoffman, and Laurene Powell Jobs. Should Harris win the election in less than a month, it remains unclear how she'll handle the looming Khan question.

Persons: Mark Cuban, Harris shouldn't, Harris, hasn't, —, Alexandria Ocasio, Cortez, Kamala Harris, Lina Khan, wouldn't, Semafor, Harris hasn't, Khan —, Gary Gensler, Reid Hoffman, Laurene Powell Jobs Organizations: Service, Federal Trade Commission, Securities and Exchange Commission, Cuban, Wall Locations: Alexandria, California

The S24, S24 Plus, and S24 Ultra are all down to all-time low prices on Amazon. Samsung Galaxy S24 Prime Day dealsDeal pricing for Samsung's Galaxy S24 phones may differ slightly depending on the color you choose. Samsung Galaxy S24 $599.99 $799.99 Save 25% The Galaxy S24 runs on the most powerful processor for Android phones in 2024. View at Amazon What we like Check mark icon A check mark. General performance is very similar to the regular S24Samsung Galaxy S24 Ultra $916.74 $1,299.99 Save 29% The Galaxy S24 Ultra is Samsung's top-end phone in 2024, set apart from its Galaxy S24 siblings and most of the premium phone competition with its four cameras, giant 6.8-inch display, stunning battery life, and included S Pen stylus.

Persons: it's Organizations: Business, Deal, Samsung, Galaxy, Google, Samsung Galaxy, Samsung's Galaxy

☆ Homebuyers Have Hope With Lower Mortgage Rates, More Houses Available
▼ + stars: | 2024-10-09 | by ( James Rodriguez | ) www.businessinsider.com time to read: +11 min

Wild swings in mortgage rates discouraged almost everyone from venturing out into the market. As I wrote earlier this year, a gummed-up housing market — the Ice Age I was talking about — is good for nobody. When mortgage rates hit multidecade lows during the pandemic, millions of people were able to snag or refinance their way into cheaper monthly costs. That'd be within spitting distance of what the experts at John Burns Research and Consulting, a housing-research firm, call the "magic mortgage rate." In other words, trying to predict mortgage rates — and buying or selling a home accordingly — is a fool's errand.

Persons: Green, that's, Skylar Olsen, everyone's, it's, there's, Fannie Mae, John Burns, they'd, Ralph McLaughlin, Olsen, Lawrence Yun, Altos, Mike Simonsen, Chen Zhao, Zhao, We're, Mark Palim, Palim Organizations: Federal Housing Finance Agency, Federal Reserve, John, John Burns Research, Consulting, National Association of Realtors, Altos Research, Builders, Sun Locations: Sun Belt, Midwest

☆ Inside the lives of travel tutors for the wealthy: big paychecks, yacht trips, and very little personal space
▼ + stars: | 2024-10-09 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +9 min

Travel tutors can earn six figures a year, but that price tag comes at a personal cost. For the past 14 years, she's worked with Tutors International, a company offering private travel tutor services. Tutors International, a UK-based company offering these services, advertises positions with salaries ranging from $150,000 to $380,000 annually. AdvertisementBut the hefty paycheck comes with significant caveats, said four current and former travel tutors who spoke with Business Insider. "You're there to do a job, and even though you might become friendly with the family, you're not their friend."

Persons: —, Joanna Dunckley, she's, Dunckley, Adam Caller, We're, Nathaniel Hannan, Hannan, Dunkley, Ian Jones, International's Hannan, International's Dunckley, Chen Junqing, Education's Jones, " Hannan, it's, It's, Bodo Müller, Dunckley's wanderlust Organizations: Service, International, Business, Beacon Education, Harvard Locations: Phnom Penh, Cambodia, Thailand, Spain, Tonga, China

☆ Why the interest-rate cut isn't delivering the relief consumers were hoping for
▼ + stars: | 2024-10-09 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, we got our first interest-rate cut, but it doesn't feel like it for many consumers . We finally got an interest-rate cut, but borrowing costs are still high. First off, last month's interest-rate cut wasn't going to provide immediate relief. Yes, the average 30-year fixed mortgage rate has gone up 47 basis points since the Fed cut rates , writes BI's Matthew Fox. So the Fed cut rates but borrowing costs went up?

Persons: —, Milton, Alyssa Powell, isn't materializing, Jennifer Sor, Let's, BI's Matthew Fox, I'm, It's, BI's James Rodriguez, who's, Warren Faidley, Hurricane Milton, Hindenburg, Chelsea Jia Feng, Vinod Khosla, OpenAI, Mark Zuckerbergs, Gen Zers, haven't, Rebecca Zisser, Elon Musk's, Tesla, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Gas, Hindenburg, Tech, DOJ, Google, Walt Disney World, Hurricane Milton, Federal Reserve, Fed, Treasury, Hurricane, Energy, Futures, Bank of America, Disney Locations: Florida, Warren, Tampa, Chelsea, Robotaxi, Hurricane, New York, London

We talked to several experts to find the top options for our guide to the best portable generators. The Jackery Explorer 3000 Pro Solar Generator is $1,000 off, making it one of Amazon's most popular Prime Day generator deals. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. Check out our roundup of all of the best Prime Day deals, or browse Amazon's website for the full selection.

Persons: it's, Anker SOLIX Organizations: Business, Honda, DELTA, Delta, Gas

In her new memoir, Melania Trump says she backs abortion rights but leaves some gray area as to whether she supports restrictions. "There are several legitimate reasons for a woman to choose to have an abortion. For instance, if her life is at risk, rape, a congenital birth defect, plus severe medical conditions," Melania Trump wrote. The presidential campaign of her husband, former President Donald Trump, directed questions to Melania Trump aide Madison Porter, who did not return a request seeking comment. In interviews about her book, Melania Trump said that her husband was aware of her position early in their relationship.

Persons: Melania Trump, “, ”, Donald Trump, Madison Porter, Trump’s, Roe, Wade, Trump, ” Trump Organizations: Republican, Fox, U.S, Supreme, Republican National, NBC News, Fox News, “ Locations: Florida

☆ Retail investors shouldn't touch China stocks, warns Safanad's John Rutledge
▼ + stars: | 2024-10-08 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRetail investors shouldn't touch China stocks, warns Safanad's John RutledgeJohn Rutledge, Safanad chief investment strategist, joins 'Closing Bell Overtime' to talk China's market pullback and how U.S. investors should navigate it.

Persons: Safanad's John Rutledge John Rutledge Locations: China

☆ We're upgrading Honeywell after a long-awaited move. Jim Cramer says investors should act
▼ + stars: | 2024-10-08 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

Honeywell CEO Vimal Kapur showed investors the company is finally serious about remaking itself — so we're upgrading the stock. It's an aggressive move by management, given that advanced materials make up roughly 10% of overall sales. "[These are] factors that may drive a modest upward re-rating to Honeywell's stock." "They said they wanted to reshuffle their portfolio," Jim said Tuesday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Vimal Kapur, Jim Cramer, Honeywell divesting, Kapur, Cowen, Jim, Jim Cramer's Organizations: Honeywell, Club, Barclays, Carrier, Air Products, CNBC, Getty

☆ People are tired of 'unpacking' every relationship issue. Here's what some happy couples do instead.
▼ + stars: | 2024-10-08 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +7 min

Advice on social media often suggests openness in relationships. AdvertisementCouples therapists also say they've noticed a recent uptick in relationship unpacking among clients. Avigail Lev, a licensed clinical psychologist in San Francisco, attributes part of the problem to social media, with people learning relationship advice from quick Instagram slideshows. Social media can be misleadingSocial media platforms are brimming with mental health advice. Relationship work shouldn't be so hardConstantly unpacking relationship issues can delay the inevitable break-up.

Persons: —, Sandra White, White, they've, Avigail Lev, Steven Floyd, Lev, Mikhaela Delahunty, she's, Delahunty, Floyd, they're, there's, Caroline Millet, dos, Millet, it's, pickleball Organizations: Service Locations: San Francisco, New York City

Right now, you can snag Prime Day Frame TV deals on 32-, 50-, 55-, 65-, 75-, and 85-inch models. The best Amazon Prime Day Frame TV dealsSamsung 65-inch Frame TV (2024) with Teak Bezel $1,597.99 $2,195.98 Save 27% Samsung's Frame TV is designed to be hung flush against your wall like a hanging piece of art. You're paying for style over image qualitySamsung 75-inch Frame TV (2024) with Teak Bezel $2,497.99 $3,195.98 Save 22% This Frame TV comes with a magnetic teak bezel to give it an art-frame look. View at AmazonSamsung 55-inch Frame TV (2024) with Teak Bezel $997.99 $1,631.48 Save 39% This package includes the 2024 version of Samsung's Frame TV bundled with a teak bezel. As you might guess by its name, Samsung's Frame TV is built to resemble an art frame hanging on your wall.

Persons: Steven Cohen, It's, it's, Samsung's Organizations: Business, Deal, Samsung, Amazon Samsung

View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark.

Persons: Matte, Slim, It's Organizations: Business, Deal, Samsung, LG, Buyers, Shoppers, Fire, Alexa, Samsung S95D, Dolby, Sony, Panasonic, Toshiba

This has helped push mortgage rates back up near where they were this summer, when 30-year rates were above 6%. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile. But now that inflation has decelerated and the Fed is expected to cut rates soon, mortgage rates have trended down. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.

Persons: you'll, they've, Freddie Mac, it's, Fannie Mae Organizations: Federal Reserve, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Fed, Mortgage, Association Locations: Chevron

☆ Elon Musk's childhood fascination with sci-fi motivates his desire to lead the AI race, biographer Walter Isaacson says
▼ + stars: | 2024-10-07 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

Walter Isaacson said Elon Musk's AI motives likely stem from early ambitions inspired by sci-fi themes. Isaacson said Musk told him he wanted to start an AI company because he didn't trust Sam Altman. "He's telling me, 'I'm gonna start from scratch an AI company 'cause I don't trust Sam Altman,'" Isaacson recalled in an interview with CNBC's Squawk Box published Friday. The AI company competes directly with OpenAI, which he helped found and fund before a reported falling out. Isaacson, Musk, and xAI did not immediately respond to a request for comment from Business Insider.

Persons: Walter Isaacson, Elon, Isaacson, Musk, Sam Altman, —, Elon Musk, lounging, CNBC's, he's, Isaac Asimov, He's, Isaac Asimov's, Douglas Adams, Altman, OpenAI, they're, xAI Organizations: Service, Twitter, SpaceX, Yorker, Business Locations: Austin

☆ Mike Johnson won't commit to bringing House back before the election for more hurricane relief
▼ + stars: | 2024-10-07 | by ( Summer Concepcion | ) www.cnbc.com time to read: +4 min

House Speaker Mike Johnson on Sunday did not commit to calling Congress back into session before the election after President Joe Biden pressed congressional leaders about potential funding shortfalls in the aftermath of Hurricane Helene. The president noted that the White House requested more funding for the program as Congress prepared a short-term funding bill that passed last month to avert a government shutdown. Pressed on whether he would call Congress back into session before the election, Johnson replied, "We'll be back in session immediately after the election." Johnson's comments come after Biden said in remarks at the White House last week he expects to ask Congress for a supplemental funding request for areas affected by Hurricane Helene. "The American people are disgusted by this, up with it, and so are Republicans in Congress," he said.

Persons: Mike Johnson, Joe Biden, Hurricane Helene, Johnson, Alejandro Mayorkas, we'll, Biden, Karine Jean, Pierre, Kamala Harris, Mayorkas Organizations: Fox, Homeland, White House, Congress, Hurricane, Federal Emergency Management Agency, shouldn't, White, Biden, FEMA, Republicans Locations: Hurricane, Florida

☆ Why this JPMorgan exec says you should sleep more
▼ + stars: | 2024-10-07 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +4 min

Lemkau told BI why you shouldn't skimp on sleep or be overly obsessed with your job. As CEO of JPMorgan Wealth Management, Lemkau runs a unit with $1 trillion in client assets and nearly 10,000 employees. She disagrees with Wall Street's "work until you drop" culture that encourages skimping on sleep to get the job done. Lemkau got used to sleeping less in order to balance her career at JPMorgan and raising two children. Lemkau chose sleep and unplugging from technology, aiming for eight hours of sleep a night and not using her phone before bed.

Persons: JPMorgan's Kristin Lemkau, Lemkau, —, Kristin Lemkau, Wall, Arianna Huffington, shortchanging, Stephen Squeri, Goldman Sachs, Brian Robinson Organizations: Service, JPMorgan, JPMorgan Wealth Management, Huffington, American Express Locations: Manhattan

☆ Millennials and Gen X Are Figuring Out What to Do With Boomers' Stuff
▼ + stars: | 2024-10-07 | by ( Emily Stewart | ) www.businessinsider.com time to read: +15 min

AdvertisementIn short, boomers love stuff, and not just their stuff. They held on to their parents' stuff when they inherited it, and a lot of them are sitting with their kids' stuff in their attics now, too. The market value of the object and the sentimental value don't always go hand in hand. "I often emphasize the idea that the market value of the object and the sentimental value don't always go hand in hand," he said. Remember, it takes a lot of stuff to live a full life — and it's hard to let go of it.

Persons: Dale Sperling's, Sperling, it's, they're, It's, they've, Gen Xers, Gen Zers, Sarah Hersh, Ben Hersh, — you'll, Mary Kay Buysse, They're, Hummel, Mindy Godding, you've, Godding, Elizabeth Hirsh, Wen Stone, Janelle, Ben Miller, they'll, Miller, Stephanie Preston, Buysse, we've, —, Janelle Stone, I've, that's, she's, doesn't, downsizers, Cameron Huddleston, Let's, Emily Stewart Organizations: Facebook, National Association of Senior, Boomers, University of Michigan, eBay, Business Locations: New York City, New Jersey, North Carolina, Dallas, downsizers, New York

☆ The problem — and opportunity — with Wall Street downgrades of Apple and Amazon
▼ + stars: | 2024-10-07 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

A couple of analyst downgrades are making the rounds Monday on megacap stocks that rarely see ratings cuts: Apple and Amazon. At Jefferies, analysts downgraded Apple to a hold but increased the price target to $213 apiece from $205. It also presents a problem for investors who see the downgrades as a reason to sell some shares. After all, you'll be hard-pressed to find companies anywhere more in charge of their own destinies than Apple, Amazon — or any of the Super Six (Meta, Nvidia, Alphabet, Microsoft). Apple and Amazon aren't where they are because of luck, but rather because they make their own luck.

Persons: downgrades, They're, Jim Cramer, I'm, Jim, you've, it's, Philip Fisher, Apple, Jim Cramer's, Michael M Organizations: Jefferies, Apple, CNBC, Apple Intelligence, Wells, Nvidia, Microsoft, Amazon, Jim Cramer's Charitable, Fifth, Santiago, Getty Locations: Wells, New York City

☆ Does your kid have a hard time making friends? There is a right way to help them, expert says: 'A lot of parents go too far'
▼ + stars: | 2024-10-06 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +4 min

Almost one-fifth, 19%, of parents says their kid has no or not enough friends, according to recent data collected by the University of Michigan. "I think a lot of well-intentioned parents, that's where a lot of parents go too far." The more access your child has to kids their own age the more comfortable they'll be socializing with them. "Showing your kids how you help someone at the grocery story whose bag spilled ... these are small things parents can do. "Well-meaning parents get embarrassed when their own child is acting bratty, but that's part of learning," Clark says.

Persons: Sarah Clark, Clark, Get Organizations: University of Michigan, University Of Michigan, CNBC

☆ 'I am getting increasingly queasy': JPMorgan's strategy chief on why investors should dial back risk amid market distortions
▼ + stars: | 2024-10-06 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +4 min

Yet, as markets eye a soft landing, potential shocks pose a higher risk to investors, David Kelly says. The firm's chief global strategist says the promise of a soft landing has encouraged Americans to pour into riskier assets at the exact time they shouldn't be. "I will say that although I think this is positive for the equity market, I am getting increasingly queasy about the fact that the equity market keeps on pricing in a soft landing," Kelly told Business Insider. He said that as the market prices in a soft landing, valuations rise, which means any shock to the market could send asset prices tumbling. According to Fed data, the total aggregate wealth of American households grew by about $50 trillion in the last five years.

Persons: David Kelly, —, Kelly, shouldn't, you've, payrolls Organizations: Service, Asset, Business, Federal

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