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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
Only 13 years ago, the world learned of what were Muammar Gaddafi's last few moments through shaky video filmed on cellphones. Small drones are a critical feature of combat in Ukraine, where they've been used for battlefield observation and attack. The hovering quality of the Sinwar video indicates it was likely filmed by a quadcopter. AdvertisementThe astounding wealth of drone-fed intelligence, surveillance and reconnaissance has made more of the battlefield visible than ever before. Nonetheless, technological advances mean that drones watching the battlefield will be a ubiquitous feature of future wars, a looming threat to ground troops and fleeing leaders.
Persons: Israel, Yahya Sinwar's, , Yahya Sinwar, Sinwar, Yahya Sinwar’s, GJGDlu7bie, Nadav Shoshani, Muammar Gaddafi's, Mauro Gilli, Gilli, they've, It's, Volodymyr Zelenskyy, Maria Berlinska, Guy Prives Organizations: Service, Swiss, ETH Zurich, Anadolu, Getty, Pentagon, IDF Locations: Libyan, It's, Ukraine, Russian, Moscow, Kursk, Israel
China's National Bureau of Statistics on Friday reported third-quarter GDP growth of 4.6% year on year, slightly exceeding the 4.5% expected by economists polled by Reuters. "The national economy showed positive signs of growth in September," Sheng Laiyun, the bureau's deputy commissioner, said at the press conference, according to CNBC's translation of the Chinese. Other data also released on Friday, such as retail sales and industrial production, had also beat expectations, a hopeful sign for the world's second largest economy. Beijing has faced growing public scrutiny over its ability to meet its own annual growth target of "around 5%." Amid low consumer sentiment and a flagging property sector, the Chinese government has intensified stimulus measures in recent weeks in an effort to boost its lackluster economy.
Persons: Sheng Laiyun, Tianchen Xu Organizations: National Bureau, Statistics, Reuters, Economist Intelligence Unit Locations: China, Beijing
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKeyCorp CEO on earnings: Tailwinds are just getting started and banks have a lot of momentumChris Gorman, KeyCorp CEO, joins 'Money Movers' to discuss the company's quarterly earnings results, provisions for credit losses, and much more.
Persons: Chris Gorman
CNN —Soaring high into the sky, paragliders are used to enjoying fascinating aerial views of some of the world’s most famous ancient landmarks. “We noticed something running back and forth on top of the pyramid,” Mosher told CNN Travel. The next day, curious to see if the dog was still there, they flew over the pyramid again, with no luck. However, a fellow adventurer shot a video of what appeared to be the same dog safely making its way down the pyramid. Going viralIn this screenshot from video, a dog climbs down from a pyramid in Egypt.
Persons: Marshall Mosher, ” Mosher, Mosher, , Mosher’s, It’s Organizations: CNN, CNN Travel Locations: Egypt, Cairo, Giza
A Tesla Model 3 vehicle warns the driver to keep their hands on the wheel and be prepared to take over at anytime while driving using FSD (Full Self-Driving) in Encinitas, California, U.S., October 18, 2023. Tesla faces a new investigation by the National Highway Traffic Safety Administration, or NHTSA, concerning issues with its "Full Self-Driving" systems, and whether they are safe to use in fog, glaring sun or other "reduced roadway visibility conditions." The probe follows an incident in which a Tesla driver who had been using FSD, struck and killed a pedestrian, and other FSD-involved collisions during reduced roadway visibility conditions. Records posted to the NHTSA website on Friday morning said the purpose of the new probe would be to assess:"The ability of FSD's engineering controls to detect and respond appropriately to reduced roadway visibility conditions; whether any other similar FSD crashes have occurred in reduced roadway visibility conditions and, if so, the contributing circumstances for those crashes," among other things. The agency will also look into Tesla's over-the-air, software updates to its FSD systems, which are now marketed as "Full Self-Driving (Supervised)," to understand the "timing, purpose, and capabilities of any such updates, as well as Tesla's assessment of their safety impact."
Persons: Tesla Organizations: Tesla, National, Traffic Safety Administration Locations: Encinitas , California, U.S
But while Sinwar’s death is a huge blow for Hamas, it does not signal the immediate demise of the group. Mousa Abu Marzouk, the deputy chief of Hamas’ political bureau who helped found Hamas, could also be a contender to become Sinwar’s replacement. Israel has killed Hamas’ previous leaders: In 2004 they killed Hamas founder Sheikh Ahmed Yassin. Sinwar had consolidated power during the war, becoming Hamas’ sole decision maker in Gaza following the killing of the other two top Hamas officials there. Sinwar became Hamas’ most senior leader after the assassination of Ismail Haniyeh in the Iranian capital Tehran in July.
Persons: Tel Aviv CNN — Israel, Yahya Sinwar, Sinwar –, Sinwar’s, Khalil al, Khaled Mashal, Sinwar, Mohammed Sinwar, Mohammed, Mohammed Sinwar’s, , Mousa Abu Marzouk, Khaled Meshaal, Meshaal, Jimmy Carter, Jordan’s King Abdullah II, Ayatollah Ali Khamenei, Bashar al Assad, Khalil Al Hayya, Hazem Bader, Al Hayya, Israel, Sheikh Ahmed Yassin, Abdel Aziz Rantisi, Mohammed al, Masri, Mohammed Deif –, Al, Deif’s, Marwan Issa, Ismail Haniyeh Organizations: Tel, Tel Aviv CNN, Hamas, Anadolu, Israel Defense Forces, Israeli, CNN, FBI, United, Iran’s, West Bank, Getty, Brigades Locations: Tel Aviv, Palestine, United States, Iran, Cairo, Qatar, Hebron, Jordan, Gaza, Tehran, Israel
But there has been a surge in actively managed ETFs as investors seek lower costs and more precision, experts say. Active ETFs represented just more than 2% of the U.S. ETF market at the beginning of 2019. There are a few reasons for the active ETF growth, experts say. Still, only a fraction of issuers have been successful in the active ETF market. Active ETFs allow 'tactical adjustments'While passive ETFs replicate an index, such as the S&P 500 , active managers aim to outperform a specific benchmark.
Persons: Morningstar, Stephen Welch, Welch, Jon Ulin Organizations: Getty, Exchange, U.S, Morningstar, U.S . Securities, Exchange Commission, Ulin, Wealth Management Locations: Boca Raton , Florida
People wait for transportation at a bus station in Matanzas, Cuba, on October 18, 2024, during a nationwide blackout caused by a grid failure. Electricity went out on the entire island of Cuba on Friday, affecting its 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 prime minister, Manuel Marrero, on Thursday blamed the ongoing blackouts on the deteriorating infrastructure, fuel shortages and rising demand among its people.
Persons: Miguel Díaz, Manuel Marrero Locations: Matanzas , Cuba, Cuba, Havana
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
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJohn Paulson: A lot of economic growth is due to deficit spendingJohn Paulson, Paulson & Co. founder and president, joins 'Money Movers' to discuss what economic data should be helping the incumbent President, the gap between economic sentiment and all poll data, and much, much more.
Persons: John Paulson, Paulson Organizations: Co
Bank of America analysts raised their price target for Nvidia stock to $190 a share this week. They see the AI market growing to $400 billion, giving Nvidia a "generational opportunity." AdvertisementNvidia stock has been on a tear all year, but investors can brace for even more gains ahead, Bank of America analysts say. The analysts point to exponential growth in the AI market in the coming years, which they say will give Nvidia a "generational opportunity" as the chip titan continues to strengthen its lead in the market. Nvidia's stock has skyrocketed this year, up 187% as AI continues to boom after a brief sell-off over the summer.
Persons: , Nvidia's Organizations: of America, Nvidia, Service, Bank of America, Google, Meta, Accenture, ServiceNow, Oracle, Microsoft, Foundry
New York CNN —These past few years, it seems like food companies have been playing some serious mind games with us. As food companies have seen their costs rise substantially over the past few years, many have used two sneaky strategies, dubbed shrinkflation and skimpflation, to avoid having to raise the prices of their goods. Yet when companies simply pass along price increases to consumers, there’s also no shortage of backlash — just ask McDonald’s. So the days of shrinkflation, at least when it comes to food, could be numbered. “I would expect (food companies) to shift their strategy and find a different mind game to play that maybe people are not quite looking out for yet,” Hydock said.
Persons: CNN Business ’, you’ve, there’s, we’re, Burger King, skimpflation, That’s, Berry, Nathaniel Meyersohn, , Chris Hydock, PepsiCo could’ve, Hydock, Robert Moskow, Cowen, Meyersohn, ” Hydock Organizations: CNN Business, New York CNN, Foods, PepsiCo, Tulane University’s Freeman School of Business, CNN Locations: New York
The stock market could face a 7% correction by mid-November, says Fundstrat's Mark Newton. AdvertisementThe stock market looks poised for a 7% correction by mid-November, according to technical analyst Mark Newton of Fundstrat. AdvertisementNewton is monitoring the 5,900 level on the S&P 500 as potential resistance for the index. The S&P 500 traded at around 5,850 on Friday. "This market has seemingly 'dodged a bullet' thus far during one of the historically worst periods during most election years.
Persons: Fundstrat's Mark Newton, , Mark Newton of, Newton, Tom Lee's Organizations: Investor, Service, Equity, Technology, RSI Locations: Newton, Mark Newton of Fundstrat
Sam Altman has taken a more prominent role at OpenAI as several top leaders have left the company. Altman risks spreading himself too thin, three management experts told BI. Now, as Altman leads OpenAI toward a possible for-profit future, some corporate management experts warn that the CEO could stretch himself too thin — taking on too many job functions. Altman and a spokesperson for OpenAI didn't respond to requests for comment from Business Insider. It's possible that Altman could take on the CTO role on a temporary basis, Sonnenfeld said, "but it's not likely that he can do this very long."
Persons: Sam Altman, Altman, , Sam Altman's, OpenAI, Mira Murati, Altman hasn't, Fiss, Elon, Patricia Lenkov, Lenkov, Jeffrey Sonnenfeld, Sonnenfeld Organizations: Service, Business, Bloomberg, University of Southern, Apple, Twitter, JPMorgan, Yale University's School of Management, Yale, Leadership Locations: OpenAI, University of Southern California
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStill see pockets of opportunity in the Chinese market: Maybank GWMEddy Loh of Maybank Group Wealth Management says the willingness of the Chinese government to support the economy helps to put a floor to valuations in the market, and that dividend plays in China remain attractive.
Persons: Eddy Loh Organizations: Maybank, Wealth Management Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNobel laureate Simon Johnson: We need to strengthen the resilience of our democracy in the U.S.Simon Johnson, MIT Sloan School of Management professor of entrepreneurship and Nobel laureate, joins 'Squawk Box' to discuss how he found out he had won the 2024 Nobel prize in economic sciences, his work on global inequality, and more.
Persons: Simon Johnson Organizations: MIT Sloan School of Management Locations: U.S
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
I've been a Charli XCX superfan for years and saw her when I was 14. I even signed into work from an outdoor art museum in upstate New York to see her last-minute Storm King set. AdvertisementIn 2017, Charli XCX opened for Halsey on her Hopeless Fountain Kingdom tour. But the Storm King show was my best experience yet, and well worth missing some work. A view of the crowd at Charli XCX's Storm King set.
Persons: I've, superfan, , Charli XCX, Halsey, Charli, Iggy Azalea's, hadn't, King, Zoe Woolrich, tomorrow's, who'd, Julia Fox, Lorde, Troye Sivan's, Wells, Sivan, Storm King, Henry Redcliffe Charli XCX's, who's, I'm Organizations: Service, Storm King Art Center, Brooklyn Paramount, Wells, Arena, Madison, Storm, Storm King Locations: New York, Brooklyn, Philadelphia, Philly, Wells Fargo, Denver
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Better-than-expected growth for ChinaChina's third-quarter gross domestic product expanded by 4.6% year on year, according to the National Bureau of Statistics. Chinese and U.S. retail sales going strongChina's retail sales for September grew 3.2% from a year ago, said the National Bureau of Statistics. Across the Pacific Ocean, retail sales in the U.S. rose a seasonally adjusted 0.4% for September.
Persons: Dow Jones, Pat Gelsinger, Altera Organizations: CNBC, China, National Bureau of Statistics, Dow, Dow Jones, Nasdaq, Intel, U.S . Federal Reserve Locations: U.S, Asia, Pacific, Shanghai
Apple first showed off the Apple Vision Pro in June 2023, hoping developers would build awesome apps for it when it went on sale in January. Specifically: Where are the apps for the Apple Vision Pro, the $3,500 headset Apple introduced earlier this year? This is a question we've asked repeatedly, and the answer seems to be pretty consistent: Developers aren't leaping to build anything for Apple Vision Pro because they don't think many people are using Apple Vision Pro. But if developers don't build for the Apple Vision Pro, then there's never going to be any reason for people to buy an Apple Vision Pro. Overall, there are about 1,770 apps for the Vision Pro in Apple's App Store , according to Appfigures' count.
Persons: don't, , we've, there's, That's, Appfigures, Tim Cook, I've, Mark Gurman, Apple, Song Organizations: Apple, Apple Vision Pro, Service, Apple Vision, Vision, Orion
Nine out of 10 employees are 'excited' by the change, Garman said, but those who disagree are welcome to leave. AdvertisementThe majority of Amazon employees favor the company's new five-day return-to-office policy, Amazon Web Services CEO Matt Garman has told staff during an all-hands meeting. Garman addressed the RTO policy introduced by Amazon in September, which has faced strong pushback from some employees. It is Garman's first official response to Amazon's new RTO policy and comes after the company received backlash from some employees. Related storiesDuring the all-hands meeting, Garman said employees will not always need to be in the office.
Persons: Matt Garman, Garman, , we're, Andy Jassy's Organizations: Business, Service, Amazon, Web, AWS
UBS launched its global "House of Craft" initiative at an event in New York City in October. AdvertisementIn a SoHo townhouse in New York City, UBS launched its global "House of Craft" initiative, an experiential campaign that honors the tradition of craftsmanship. AdvertisementConvening around craftNew York City's legacy of fine craftsmanship made it the choice destination for UBS's first "House of Craft" event. James Miller, who said he collects micro-brand timepieces, wore a Henry Archer watch to the "House of Craft" event. "This is a brand campaign, but it's one very clearly associated with making sure more people are positively thinking about us," he said.
Persons: , Carmelo Anthony, Daniel Dae Kim, Ginny Wright, Audemars Piguet, Jean, Claude Biver, John McDonald, McDonald, Sergio Ermotti, Ermotti, Prophet, James Miller, Henry Archer, Julia Hood Miller, Nathan Desloover, Todd Snyder, Julia Hood, I've, Desloover, I'm Organizations: UBS, Credit Suisse, Service, NBA, Audemars, TAG, Suisse, Swiss, Publicis Groupe, Suisse hasn't, Horological Society of New Locations: New York City, Swiss, Americas, UBS's, Asia, Latin America, New York, York, Horological Society of New York, Detroit
The healthcare market looks nearly ready for the next wave of IPOs. But the next wave of public healthcare companies looks to be on the horizon. At least two healthcare companies are considering public-market debuts in the not-so-distant future. SVB SecuritiesI spoke with him about what the next wave of healthcare IPOs could bring — and which healthcare startups are in the best position to test the public markets. What models do you expect the healthcare market to favor in this next round of IPOs?
Persons: Jon Swope, , It's, Health confidentially, haven't, there's, Waystar, healthtech Organizations: Barclays, Service, Health, healthtech, SVB Securities, Accolade, Healthcare, Walmart, Big Tech Locations: IPOs, healthtech, Waystar
Separately, CVS issued third-quarter adjusted earnings guidance between $1.05 and $1.10 per share, far weaker than the FactSet consensus estimate of $1.69 a share. MGP Ingredients — Shares tumbled 26% after MGP Ingredients, a distilled spirits producer, issued preliminary third-quarter earnings and revenue guidance that missed expectations. Earnings of $1.23 per share missed the FactSet consensus estimate of $1.34 in earnings per share. Comerica reported $1.33 in earnings per share, compared to $1.17 per share expected by analysts, according to FactSet. Still, adjusted earnings of 89 cents per share beat the expected earnings per share of 88 cents.
Persons: Lamb Weston —, Jana Partners, Lamb Weston, David Joyner, Karen Lynch, LSEG, LSEG ., Riley, Ally, FactSet, — CNBC's Sean Conlon, Michelle Fox, Alex Harring, Hakyung Kim, Jesse Pound Organizations: Netflix, U.S . Cellular, Telephone, Data Systems, U.S, Cellular, Verizon Communications, CVS, MGP, American, Apple —, Bloomberg, Counterpoint Research, Western, Western Alliance, LSEG, LSEG . Fifth Third, Fifth Third Bancorp, Comerica, Holdings Locations: U.S, China
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