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☆ The election could be less of a market catalyst than people think, some investors say
▼ + stars: | 2024-10-21 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

The U.S. presidential election is fast approaching, but it may not have as much an impact on markets as people may think, some investors say. History suggests the strong performance bodes well for a post-election pop into year's end. When Trump was elected in the 2016 presidential election, investors expected energy would perform well — but the subsequent two years proved unfavorable for the sector. During the 2000 election, volatility lasted for more than 30 days, through December. "We encourage investors to keep their long-term objectives in mind during periods of uncertainty and position for election related volatility," Guerra wrote.

Persons: Donald Trump, Kamala Harris, Trump, Harris, Sam Stovall, Stovall, Joe Biden's, Dan Chung, John Stoltzfus, Morgan Stanley, Morgan Stanley Wealth Management's Monica Guerra, Guerra, Ross Mayfield, Baird Organizations: U.S, NBC News, Republican, Dow Jones Industrial, CFRA, Oppenheimer Asset Management, Presidency, Senate, Republicans, Trump, Morgan Stanley Wealth

☆ Would Harris’s Expanded Child Tax Credit Be Worth the Cost?
▼ + stars: | 2024-10-21 | by ( German Lopez | Kevin Serna | ) www.nytimes.com time to read: +4 min

They worry that the expanded tax credit would reduce incentives to find a job, hurting the economy. The child tax credit “is a costly transfer program for taxpayers with kids who do not need government handouts,” the Cato Institute, a libertarian think tank, has said. In 2022, after one year, Congress allowed the expanded child tax credit to expire. While it was in effect, the expanded child tax credit reduced child poverty in the U.S. by nearly half, studies have found. JD Vance, Donald Trump’s running mate, has said he favors expanding the child tax credit as well, though he is vague on details.

Persons: Kaleena Daugherty, Kamala Harris, Daugherty, —, ”, “, She’s, Harris, JD Vance, Donald Trump’s Organizations: Cato Institute, Poverty, Columbia University, Ms, Budget Locations: Milwaukee, U.S

☆ Trump tax plans could exempt 93 million Americans from income taxes
▼ + stars: | 2024-10-21 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +4 min

As part of his economic pitch to voters, Trump has floated a sweeping tax overhaul, including a slate of income tax breaks. So far, the Republican presidential nominee has officially proposed eliminating income tax on tips and Social Security benefits, along with overtime pay. This total excludes the many more people who would be exempt from part of their income taxes if Trump executed his proposed elimination of taxes on overtime pay. It didn't have an income tax," Trump said at a sit-down with voters in New York on Friday for "Fox & Friends." The Harris campaign did not immediately respond to CNBC's request for comment about Trump's proposed tax plans.

Persons: Donald Trump, Donald Trump's, Trump, Harris, Trump's, Kamala Harris Organizations: U.S, Republican, Security, Social Security, Social Security Administration, Yale University's, U.S . Department of Veterans Affairs, Department of Defense, Fox &, Representatives Locations: Lancaster , Pennsylvania, U.S, New York

☆ Angel Reese: My $73,000 WNBA salary can't cover my bills—'I'm living beyond my means'
▼ + stars: | 2024-10-21 | by ( Nicolas Vega | ) www.cnbc.com time to read: +3 min

Angel Reese may be one of the faces of the WNBA, but her time on the court hardly pays the bills. "I just hope y'all know the WNBA don't pay my bills at all," she said during a recent Instagram live, according to ESPN. Reese said her monthly rent payment is $8,000, meaning that a year's housing costs her $96,000 — more than she earns in a full season. "Being able to make six figures within three months [in Unrivaled], being able to be housed in Miami, just being able to get better …. Currently, the highest paid WNBA player is Las Vegas Aces star Jackie Young, who earned just over $250,000 this season.

Persons: Angel Reese, y'all, Reese, wouldn't, It's, Dre, Jackie Young, Steph Curry, Cathy Engelbert, we're Organizations: Chicago, Star, ESPN, Reebok, Las Vegas Aces, Golden State Warriors, CNBC Locations: Florida, Russia, Miami

☆ Try this higher-interest, lower-tax alternative to CDs while rates are still high
▼ + stars: | 2024-10-21 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

Investors might consider Treasury bills over CDs for better liquidity and tax benefits: Jason BrowneTreasury bills offer higher yields in some cases and are exempt from state taxes. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Another reason is that Treasurys are exempt from state taxes, which vary, while CDs are not. Perhaps a third reason, depending on where you bank, is that in many cases the shortest duration Treasurys are paying better rates than CDs. Yields on 3-month bills are 4.6%, and while some banks are offering similar or slightly higher rates still, many have much less attractive yields.

Persons: Jason Browne, Browne, —, DepositAccounts Organizations: Service, Alexis Investment Partners, LendingTree, Fed

☆ This US couple moved to Italy for a more affordable retirement
▼ + stars: | 2024-10-21 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +7 min

The retired elementary teachers, originally from Syracuse, New York, resolved to leave the US and move to Italy for good. Memorable tripUS couple Tony and Francine Smarrelli, both of Italian descent, relocated to Italy in December 2023. Other plus points included the superb restaurants (cheaper than in the States) and the friendliness of the people, say the couple. According to Tony, his father and grandfather migrated from Italy to the US in 1938 to make a better life for themselves. Lifestyle changeThe couple have found life in Italy to be far cheaper, and say that their monthly expenses are significantly reduced.

Persons: Tony Smarrelli, Francine, Tony, Francine Smarrelli, Mark’s, “, ’ ” Tony, ”, expats, hadn’t, Cooper, He’d, Scalea, he’s Organizations: CNN, Eastern Seaboard, “, Pinehurst, Country Club Locations: Venice, Italy, Syracuse , New York, Scalea, Italian, Calabria, St, Tocco, Abruzzo, Naples, American, South California, Syracuse, Pinehurst , North Carolina, “ Southern Italy

☆ Biden extends student loan payment pause by 6 months for 8 million SAVE plan borrowers
▼ + stars: | 2024-10-21 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

U.S. President Joe Biden speaks as he announces a new plan for federal student loan relief during a visit to Madison Area Technical College Truax Campus, in Madison, Wisconsin, U.S, April 8, 2024. Federal student loan payments for some 8 million borrowers will remain on pause for six months or longer, a spokesperson for the U.S. Department of Education said. The development on Monday comes as the administration has been dragged into a slew of legal battles waged by Republicans over its recent student loan relief efforts. The borrowers who are excused from their monthly payments are those enrolled in the Biden administration's new SAVE plan. Before the legal challenges, the Education Department had already forgiven $5.5 billion in student debt for 414,000 borrowers through the SAVE Plan.

Persons: Joe Biden, Biden Organizations: Madison Area Technical, Truax, Federal, U.S . Department of Education, Biden, Education Department, SAVE Locations: Madison , Wisconsin, U.S, Kansas and Missouri

☆ AI and robots take center stage at ‘world’s largest tech event’
▼ + stars: | 2024-10-21 | by ( Yara Enany | ) edition.cnn.com time to read: +3 min

CNN —A year after Collins Dictionary named “AI” its word of the year, the buzz around artificial intelligence is only getting louder. AI and robotics were the big themes at Gitex Global, which bills itself as the world’s largest tech event and ran Monday to Friday last week at Dubai’s World Trade Centre. “I think what (was) very exciting this year (was) the focus on AI and deep tech,” said Trixie LohMirmand, executive vice president of Dubai World Trade Centre and CEO at KAOUN International, which organizes the event. Several companies launched new products at this year’s show, including Dubai-based deep tech company Xpanceo, which debuted the new prototypes of its smart contact lenses. A prototype of an Xpanceo contact lens at Dubai's Gitex.

Persons: ”, Trixie LohMirmand, Patrick Dennis, hasn’t, Gitex, “ Organizations: CNN, Collins, Trade, Dubai World Trade Centre, KAOUN, Avaya, Gulf Computer, United Arab Locations: Dubai, United Arab Emirates, Germany, Singapore, Morocco, South Korea, Nigeria

☆ NFL Week 7 Sunday review: Chiefs win Super Bowl rematch to become last unbeaten team, Saquon Barkley has massive revenge game against Giants
▼ + stars: | 2024-10-21 | by ( Ben Morse | ) edition.cnn.com time to read: +10 min

CNN —It was a week of huge match-ups between winning teams and Week 7 didn’t disappoint in terms of drama. One franchise lost for the first time, another maintained its unbeaten record and there were some huge injury blows too. Here are the main storylines from Sunday’s action:Chiefs win Super Bowl rematch to become last unbeaten teamIt was billed as the game of the week and it didn’t disappoint in terms of drama. Afterwards, Mahomes said that, despite the win, there is plenty to improve on for the Chiefs, the only team left in the NFL which has yet to be defeated. Eakin Howard/APSaquon Barkley has revenge performance in win over GiantsAll eyes were on Saquon Barkley as the Philadelphia Eagles made the short trip north to face the New York Giants in East Rutherford.

Persons: Samuel, Brandon Aiyuk, Patrick Mahomes, Mahomes, Kareem Hunt, Mecole Hardman, Brock Purdy, “, ”, Cary Edmondson, Christian McCaffrey, Aiyuk, Purdy, Kyle Shanahan, Shanahan, Eakin Howard, AP Saquon Barkley, Saquon Barkley, Barkley, ” Barkley, “ I’ve, I’ve, I’ll, Al Bello, Cedric Benson, he’s, I’m, Seth Wenig, Daniel Jones, Brian Daboll, Jones, “ Daniel, Jake Bates ’, Jahmyr Gibbs, Ra St, Brown, Kalif Raymond, Will Reichard, Ivan Pace Jr, Vikings QB Sam Darnold, Bates, David Berding, We’ve, you’re, Dan Campbell, Brandon McManus, McManus, Morry Gash, Green Bay’s Jordan Love, Houston’s CJ Stroud, Love, Josh Jacobs, Jacobs ’, Thomas Jones, Jacobs, Joe Mixon, Stacy Revere Organizations: CNN, Jacksonville Jaguars, New England Patriots, Chiefs, Super, Kansas City Chiefs, San Francisco 49ers, 49ers, Kansas City, NFL, Reuters, San, AP, Giants, Philadelphia Eagles, New York Giants, MetLife, Eagles, Cincinnati Bengals, Chicago Bears, Packers, Houston, Vikings, North, Detroit Lions, Minnesota Vikings ’, Lions, Minnesota, Vikings QB, Detroit, ” Lions, Green Bay Packers, Houston Texans, Lambeau Field, Texans, Jacksonville Jaguars Seattle Seahawks, Atlanta Falcons Tennessee Titans, Buffalo Bills Cincinnati Bengals, Cleveland Browns Houston Texans, Green Bay Packers Miami Dolphins, Indianapolis Colts Detroit Lions, Minnesota Vikings Philadelphia Eagles, New York Giants Las Vegas Raiders, Los Angeles Rams Carolina Panthers, Washington Commanders Kansas City Chiefs, San Francisco 49ers New York Jets, Pittsburgh Steelers Locations: London, Kansas, San Francisco, East Rutherford, New York, It’s, Minneapolis, Detroit, Minnesota, Green, Wisconsin

☆ Miami Dolphins’ Tua Tagovailoa says he loves football ‘to the death of me’ ahead of return to practice
▼ + stars: | 2024-10-21 | by ( Wayne Sterling | ) edition.cnn.com time to read: +2 min

CNN —Miami Dolphins quarterback Tua Tagovailoa is set to return to practice Wednesday after missing the last four games as a result of suffering another concussion. Tagovailoa will still need to clear concussion protocol in order to play in Sunday’s home game against the Arizona Cardinals at Hard Rock Stadium. The 26-year-old said it was his choice to return to play football and understands people’s worry that he may get hurt again. “I appreciate your concern,” Tagovailoa told reporters Monday. The Dolphins went 1-3 without the starting QB, as the offense averaged a league-low 8.75 points per game during his absence.

Persons: Tua Tagovailoa, Tagovailoa, “, ” Tagovailoa, it’s, ”, Mike McDaniel, McDaniel, ” McDaniel, Damar Hamlin Organizations: CNN — Miami Dolphins, Arizona Cardinals, Hard, ” Dolphins, Dolphins

☆ ISIS-K threat grows as it targets disaffected Muslims with sophisticated propaganda
▼ + stars: | 2024-10-20 | by ( Dan De Luce | Dan De Luce Is A Reporter For The Nbc News Investigative Unit. | ) www.nbcnews.com time to read: +8 min

The recent arrest of an Afghan accused of plotting an Election Day attack in the U.S., as well as recent plots in France, Sweden and elsewhere, highlight the growing threat posed by ISIS-K, officials and counterterrorism experts say. U.S and Western officials now view ISIS-K as the more potent threat. ISIS-K has used AI tools to dramatically bolster their propaganda output at low cost. Growing threat to the WestA string of recent arrests in the U.S. and other Western countries underscores the group’s resurgent threat. He also saved ISIS propaganda on his iCloud and Google accounts, participated in pro-ISIS Telegram groups and contributed $540 in cryptocurrency to a charity that funnels money to ISIS, the complaint says.

Persons: Lucas Webber, “ It’s, ”, Webber, ” Webber, Aaron Zelin, ” Bret Holmgren, ” Holmgren, Nasir Ahmad Tawhedi, Tawhedi, Nasir Ahmad Tawhedi . U.S . Department of Justice Tawhedi, “ Organizations: Islamic State, ISIS, Tech Against, Soufan, Al, Crocus City Hall, Washington Institute for Near East, National Center for Counterterrorism, U.S, FBI, NBC News, CIA, Nasir Ahmad Tawhedi . U.S . Department of Justice, U.S ., Local Guard Force Locations: Afghanistan, U.S, France, Sweden, Europe, New York, United States, Al Qaeda, Khorasan, Syria, Iraq, Kabul, Moscow, Crocus, Israel, Gaza, Iran, Tajikistan, Costa Rica, Pakistani, Canada, New York City, Oklahoma, Nasir Ahmad Tawhedi ., America, cryptocurrency

☆ Al Pacino says he went from $50 million to broke, joining a long list of stars who've experienced money troubles
▼ + stars: | 2024-10-20 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +5 min

Al Pacino went from a $50 million fortune to almost nothing in the bank, he revealed in a new book. The "Scarface" actor spent too much, ignored his finances, and had an accountant who ultimately went to prison. AdvertisementAl Pacino went from $50 million to broke by spending too much, ignoring his finances, and using an accountant who ultimately went to jail for fraud. In a scene somewhat reminiscent of a mob movie, Pacino set up a meeting with the studio's boss and asked him to back down. "I had $50 million, and then I had nothing.

Persons: Al Pacino, Pacino, Adam Sandler, —, who've, Sonny Boy, they'd, Donnie Brasco, he'd, there's, Al's, Jack, Jill, Michael Jackson, Mike Tyson, Diego Maradona, Dennis Rodman, Charles Barkley, Shay Shay, Louis Vuitton, Dior Organizations: Service, MGM Studios, MGM, New Yorker Locations: Europe

☆ 2024 NFL Week 7: The best of Sunday’s games and the standout storylines
▼ + stars: | 2024-10-20 | by ( Ben Morse | ) edition.cnn.com time to read: +24 min

Brandon Sloter/Getty Images Minnesota Vikings quarterback Sam Darnold throws the ball to tight end Johnny Mundt in Minneapolis on September 22. Matt Slocum/AP Kansas City Chiefs quarterback Patrick Mahomes runs the ball against Cincinnati Bengals cornerback Dax Hill during the Chiefs' 26-25 victory in Kansas City, Missouri, on Sunday, September 15. Ed Zurga/AP Kansas City Chiefs quarterback Patrick Mahomes scrambles during the game against the Baltimore Ravens in Kansas City, Missouri, on September 5. Charlie Riedel/AP The best photos from the 2024 NFL season Prev NextHouston Texans (5-1) vs. Green Bay Packers (4-2) – 1:00 p.m. ETKansas City Chiefs (5-0) @ San Francisco 49ers (3-3) – 4:25 p.m.

Persons: Sean Payton, Deebo Samuel, Samuel, John Froschauer, Brian Branch, Matthew Pearce, Patrick McDermott, Pat Surtain, AAron Ontiveroz, C.J, Gardner, Johnson, David Njoku, Matt Rourke, Claudin, Kirk Cousins, Grant Halverson, Caleb Williams, Williams, Zac Goodwin, Isaac Yiadom, Ji'Ayir Brown, DK Metcalf, Steven Bisig, Willie Gay Jr, Gay, Ed Zurga, Camryn Bynum, Steve Luciano, Keon Coleman, Eric Gay, Trevor Lawrence, David Rosenblum, Daniel Whelan, Gregory Bull, Trey Sermon, Nathan Ray Seebeck, Ka'imi Fairbairn, Deommodore Lenoir, Ezra Shaw, Riley Moss, Cooper Neill, Aaron Rodgers, Rodgers, Jayden Daniels, Christian Petersen, Tremon Smith, Greg Zuerlein, Seth Wenig, Ja'Tavion Sanders, Germaine Pratt, Eric Murray, George Kittle, Jed Jacobsohn, Darius Slayton, Eric Kendricks, Brad Penner, Reuters Damar Hamlin, Bryan M, Bennett, Calvin Austin III, Brandon Sloter, Sam Darnold, Johnny Mundt, Stephen Maturen, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Allen Lazard, Alex Austin, Darnell Mooney, Matt Slocum, Patrick Mahomes, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tua Tagovailoa, Tagovailoa, Jasen, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Jaylen Waddle, Hill, Stephanie V, Daniels, Al Diaz, Justin Fields, Danny Karnik, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Patrick Mahomes scrambles, Charlie Riedel, – CJ Stroud, Stroud, Melina Myers, Nico Collins, Xavier McKinney, Love –, Josh Jacobs, Jeff Hanisch, Matt LaFleur, Bobby Slowik –, DeMeco Ryans, LaFleur, ”, ” Ryans, “, Matt, Aidan Hutchinson, JJ McCarthy, Jahmyr Gibbs, David Montgomery, Ra St, Brown, Jameson Williams, Tim Patrick, Sam LaPorta, Brian Flores, Kirby Lee, Jared Goff, “ I’ve, Flores, Kevin, …, they’ve, Goff, Andrew Dieb, LVIII, Andy Reid, Kyle Shanahan, Reid, Candice Ward, we’ve, It’s, Rice, Marquise Brown, Isiah Pacheco, Mahomes, Christian McCaffrey Organizations: CNN, Chicago Bears, Dallas Cowboys, New England Patriots, Jacksonville Jaguars, Wembley, Bears, Tottenham Hotspur Stadium, Denver Broncos, Thursday, San Francisco 49ers, Seattle Seahawks, AP Detroit Lions, The Lions, Cowboys, Green Bay Packers, Packers, Arizona Cardinals, Getty Images Denver Broncos, Broncos, Los Angeles Chargers, Denver Post, Getty, Philadelphia Eagles, Cleveland Browns, Eagles, AP Carolina Panthers, Atlanta, Panthers, Getty Images Chicago Bears, Tottenham Hotspur, USA, Sports, Reuters New, Reuters New Orleans Saints, Kansas City Chiefs, Chiefs, Saints, AP Minnesota Vikings, New York Jets, Vikings, AP Buffalo Bills, Bills, Houston Texans, AP Jacksonville Jaguars, Indianapolis Colts, Jaguars, Los Angeles Rams, AP Indianapolis Colts, Reuters Houston Texans, Buffalo Bills, AP San Francisco 49ers, Deommodore, Cardinals, 49ers, Las Vegas Raiders, Minnesota Vikings, Cincinnati Bengals, Bengals, Getty Images Houston Texans, Jacksonville, Texans, AP New York Giants, Giants, Reuters, Getty Images Pittsburgh Steelers, Steelers, Getty Images Minnesota Vikings, Tennessee Titans, AP Dallas Cowboys, Baltimore Ravens, The Jets, Reuters Atlanta Falcons, AP Kansas City Chiefs, Super Bowl, Reuters San Francisco 49ers, AP New Orleans Saints, Reuters Miami Dolphins, Reuters New York Jets, AP Los Angeles Chargers, Shutterstock Dallas Cowboys, NFL, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Atlanta Falcons, Falcons, AP Tennessee Titans, Titans, Patriots, New York Giants, São Paulo, The Eagles, Neo, AP Baltimore Ravens, Arrowhead, Houston, Detroit Lions, Detroit, Lions, ESPN, Darnold, NFC, Reuters Kansas City Chiefs, Kansas City, San Francisco, Super Bowls, Super, Levi’s, Miami Dolphins, Vegas Raiders, Carolina Panthers, Washington, Pittsburgh Steelers Locations: London, New Orleans, Seattle, Arlington , Texas, Green Bay , Wisconsin, Denver, Philadelphia, Charlotte , North Carolina, Reuters New Orleans, Kansas City , Missouri, Houston, Jacksonville , Florida, Inglewood , California, Santa Clara , California, Glendale , Arizona, East Rutherford , New Jersey, Orchard Park , New York, Pittsburgh, Minneapolis, Nashville, Miami Gardens , Florida, Cleveland, Tampa , Florida, Miami, Atlanta, Chicago, Cincinnati, São, South America, Green Bay, Stroud, USA, Detroit, Super, Santa Clara, California, Francisco

☆ Insider Today: Blackstone's juggernaut
▼ + stars: | 2024-10-20 | by ( Matt Turner | ) www.businessinsider.com time to read: +5 min

This post originally appeared in the Insider Today newsletter. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. 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. The boom in private credit at Blackstone reflects a broader shift in how companies borrow.

Persons: —, Drew Houston, Jeff Bezos, Jon Gray, Blackstone, Jeenah, Jonathan Gray, Banks, Marc Rowan, Jamie Dimon, it's, Jenny Chang, Rodriguez, Barack Obama, Donald Trump, Joe Biden, BI's Alice Tecotzky, Tyler Le, Momo Takahashi, Goldman Sachs, Morgan Stanley, It's, rainmaker Jett Lara, Augustus Doricko, Doricko, Alex Diaz, he's Organizations: Business, Service, Blackstone, Blackstone Group, Reuters, JPMorgan, BI, Democratic, Apple, Investment, Goldman, Bank of America, Citigroup Locations: New York City, U.S, BI Northampton, Pennsylvania, Easton, El Segundo , California

☆ Before buying a home, check this hidden financial risk
▼ + stars: | 2024-10-19 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

The climate crisis is an often-hidden financial risk when buying a house. AdvertisementThat's why it's important to take stock of the climate risks your home faces in the coming decades. Remember those estimates aren't a crystal ballClimate-science experts outside the company have some reservations about First Street's flood and wildfire estimates, though. Heatmap reported that First Street probably underestimates wildfire risk in wildfire-prone areas and that flood risk is very difficult to accurately model. You can try to cross-check flood risk with other sources like seeing if the town or city has flood maps available.

Persons: you'll, Jeff Gritchen, Jeremy Porter, Michael Wara, Heatmap, Porter, Marta Lavandier, that's, It's, Leslie Chapman, Henderson Organizations: Service, Coronado Pointe, MediaNews, Orange, Getty, Stanford Woods Institute for, Heatmap, AP, Federal Alliance, Safe Homes, Federal Emergency Management Agency Locations: Coronado, Laguna Niguel , California, Florida, California, Hurricane Milton

☆ Drug costs, abortion, Obamacare: How Trump and Harris could change U.S. health care
▼ + stars: | 2024-10-19 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +18 min

He said a Harris administration "will build on existing programs, increasing federal spending to make health care more affordable for people." Still, Socal said a Trump administration wouldn't have much flexibility to dismantle or scale back the law without change from Congress. The IRA extended enhanced subsidies that made ACA health plans more affordable for millions of households through 2025 — a provision Harris plans to make permanent if elected, her campaign said. A Democratic House or Senate would likely block any of Trump's sweeping changes to Medicaid, according to Altman. Vance this month also said a future Trump administration would defund Planned Parenthood.

Persons: Donald Trump, Kamala Harris, Trump, Drew Altman, Harris, KFF, Anna Moneymaker, Biden, Joe Biden's, Mariana Socal, Socal, didn't, Stephen Patrick, KFF's Altman, Nathan Posner, Altman, Bill Clark, Roe, Wade, Joe Raedle, Stacey Lee, Johns, Lee, mifepristone, Sen, JD Vance, Trump's, Vance, Nicholas Kamm Organizations: Democratic, U.S, U.S . Naval, Getty, Reuters, CNBC, Congress, The Commonwealth Fund, RAND, U.S . Department of Health, Human Services, Washington , D.C, Republicans, Johns Hopkins Bloomberg School of Public Health, Trump, wouldn't, Biden, Medicare, Emory University, Lawmakers, Affordable, ACA, Medicaid, Democrats, White, Anadolu, Social Security, Capitol, CQ, Inc, The New York Times, Siena College, PBS, Prime, Convention, Johns Hopkins Carey Business School, Republican Party, U.S . Senate, Food and Drug Administration, FDA, CNN, Afp Locations: Israel, Washington, U.S, Washington ,, Canada, Jacksonville , Florida, Ohio

☆ A federal disaster fund has drawn 50,000 applications after twin hurricanes. One problem: It’s out of money.
▼ + stars: | 2024-10-18 | by ( Laura Strickler | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Frank-Thorp-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +3 min

About 54,000 have applied for low-interest loans from a disaster fund operated by the Small Business Administration, but the money has all dried up. The SBA disaster loan fund remains a major source of money for businesses obliterated by natural disasters, according to the Congressional Research Service. “While we await Congress to provide much-needed funding, we strongly encourage eligible businesses and households to apply for SBA disaster loans. " Before the funding ran out, about 750 had been approved to receive loan money totaling $48 million, according to the SBA. He's reluctant to apply for an SBA loan because of his precarious financial situation.

Persons: Lucious Wilson, Hurricane Helene, “, ”, reconvenes, Isabel Casillas Guzman, Kristen Welker, Mike Johnson, Johnson, Wilson, he's, He's Organizations: NBC News, Wedge Brewery, Small Business Administration, Biden, NBC, SBA, Congressional Research Service, Press Locations: Asheville , North Carolina, Asheville, N.C

☆ 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

☆ Angel Reese jokes about cost of rent compared to her rookie salary: ‘The WNBA don’t pay my bills at all’
▼ + stars: | 2024-10-18 | by ( Matias Grez | ) edition.cnn.com time to read: +3 min

CNN —Despite Angel Reese being one of the major factors in the WNBA’s surge in popularity this season, alongside rival Caitlin Clark, the Chicago Sky star said that her rookie salary doesn’t cover her rent. Speaking on an Instagram live on Wednesday, Reese said her monthly rent is $8,000 – totaling $96,000 for the year – while her WNBA salary was $73,439. “I just hope y’all know the WNBA don’t pay my bills at all. Reese – a rebounding and double-double machine – enjoyed a record-breaking rookie season, which was cut short by a wrist injury at the start of September. Reese told ESPN earlier this year that her WNBA salary is a “bonus” on top of her NIL deals.

Persons: Angel Reese, Caitlin Clark, Reese, Hatin ’, ”, “, y’all, Reese –, Sylvia Fowles, A’ja Wilson, Geoff Stellfox, – Reese, Breanna Stewart, Napheesa Collier Organizations: CNN, Chicago Sky, WNBA, Las Vegas Aces, LSU Tigers, Reebok, Dre, ESPN, Sports Illustrated

☆ Port of Los Angeles freight rail delays reach two-year high, with holiday and everyday items piling up
▼ + stars: | 2024-10-18 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +4 min

Almost half of the containers bound by freight rail out of the Port of Los Angeles are waiting nine-plus days to get out of the port and onto the rail. In September, the Port of Los Angeles moved a total of 954,706 twenty-foot equivalent units making the month its best September ever. "This is not impacting port operations," said Seroka. "We want to make sure we improve on all port operations. In September, the Port of Long Beach moved 829,499 twenty-foot equivalent units.

Persons: Mario Tama, Gene Seroka, Seroka, Donald Trump, Mario Cordero, Cordero, Matt Shay Organizations: Union Pacific Intermodal, Getty, San, Port, CNBC, U.S, Republican, National Retail Federation, Target, Walmart Locations: Los Angeles , California, West, of Los Angeles, San Pedro, LA, Long, Port of Long Beach, of Long, lading, Port of Los Angeles

☆ What an afternoon in 2 grocery store parking lots in Pennsylvania reveals about the election
▼ + stars: | 2024-10-18 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +9 min

I spoke to voters and a mayor in Northampton, one of two bellwether counties in Pennsylvania. The mayor told me that politics are local — and the election will likely come down to grocery bills. Both Vice President Kamala Harris and Trump were in Pennsylvania on the same Monday, courting voters at a rally and town hall respectively. There was 46-year-old Michelle Kerns, who said she doesn't think Harris gets enough credit for easing inflation. I heard many iterations of "I'm not following the election" or "I'm sick of talking about it" on Monday afternoon.

Persons: —, Barack Obama, Donald Trump, Joe Biden, Kamala Harris, Trump, Salvatore J, Panto, he's, Harris, Alice Tecotzky, Ann Hess, Hess, Vivian M, Michelle Kerns, Kerns, Daryl Thompson, Bob George, Beer, Edward Pyatt, Pyatt, George, didn't, I'm Organizations: Service, Democratic, Walmart, Wall Street Journal, Trump, Easton Locations: Northampton, Pennsylvania, Forks, Palmer, Pennsylvania —, Easton, Bethlehem, Northampton County, Kamala, Forks Township, Palmer Township

☆ Taylor Swift is flexing her economic muscles again with the return of her tour and a new book
▼ + stars: | 2024-10-18 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, Taylor Swift has a new book coming out, but how she's doing it might create some bad blood with publishers . On Tuesday, Swift announced plans to self-publish "The Eras Tour Book," a behind-the-scenes look at her record-breaking tour that'll be released exclusively at Target on Black Friday. News of a Taylor Swift book should have sent a publisher jumping for joy at the potential revenue. AdvertisementBig stars like Swift are exactly who book publishers are banking on these days. But even so, Miami, New Orleans, and Indianapolis — her remaining US tour dates — won't mind Swift coming to town.

Persons: —, Meta, Taylor Swift, Chelsea Jia Feng, Taylor, Swift, Samantha Grindell, Madeline Berg, George Walker IV, we're, Natalie Ammari, it's, Goldman Sachs, Kalshi, Donald Trump, Trump, Blackstone, Jon Gray, Walid Berrazeg, It's, Lebaredian, Uber, Dara Khosrowshahi's, Tyler Le, Matt Garman, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Target, AP, Indianapolis, Super Bowl, UBS, Getty, Financial, Wall, Blackstone, Trump, Investors, Taiwan Semiconductor Manufacturing, TSMC, Optimus, Financial Times, Netflix, American Express Locations: Miami, Miami , New Orleans, Glendale , Arizona, Hsinchu, ASML, Texas, California, New York, London

☆ I lived in 5 different US states. None of them had what I was looking for, so I moved my family to Finland, and I have no regrets.
▼ + stars: | 2024-10-18 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +8 min

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

Meta is ramping up its efforts to fight sextortion on Instagram with the launch of new features that are designed to help prevent young users from getting blackmailed into sharing nude photos. Starting Thursday, Instagram will automatically block follow requests sent to teenage users from accounts that display certain “scammy behaviors,” according to Meta. At a Senate online child safety hearing in January, Meta CEO Mark Zuckerberg apologized to parents who said Instagram contributed to their children’s suicides or exploitation. Last month, Meta announced it will begin automatically placing all users under 18 into “teen accounts” with stricter privacy settings. “If they really want to promote meaningful change and online safety for kids and teens, they can stop opposing federal solutions like the Kids Online Safety Act,” Hinkle said.

Persons: sextortion, Instagram, Antigone Davis, Meta’s, —, we’ve, ”, Mark Zuckerberg, Haley Hinkle, “, ” Hinkle, they’re, Davis, Hinkle Organizations: Meta, FBI, NBC News, Kids, Senate Locations: Fairplay, United States, Canada, United Kingdom, Australia

CAMP HILL, Pa. — Democrats have long tried to oust Rep. Scott Perry, the former head of the far-right Freedom Caucus and a staunch Donald Trump ally, in this Pennsylvania swing district. We need to be educated, we need to be safe, we need to be healthy,” she continued. And, you know, she just rattles it off,” Perry said, referring to the House Democrats’ campaign operation. On immigration, Stelson sounds much like Perry and Trump, calling for more border funding and deporting those who are in the country illegally. That takes more judges, more attorneys, and I think that people who are here illegally need to be sent home, as well."

Persons: Scott Perry, Donald Trump, Janelle Stelson, Perry, MAGA, —, It’s, Trump, Joe Biden, Shamaine Daniels, Josh Shapiro, Scott Wong, “ It’s, ” Perry, She’s, “ She’s, Stelson, Andrea Mitchell, staving, Court’s Dobbs, Roe, Wade, Dobbs, ” Stelson, “, doesn’t, hasn’t, Abigail Spanberger, Del, Eleanor Holmes Norton, Mike Pence, Jeffrey Clark, Mike Johnson, Johnson, ” Organizations: Democrats, Caucus, Capitol, Republican, Cornerstone, State Capitol, Democratic, National Democrats, Harrisburg City, GOP, NBC, House Democrats, MSNBC, ABC, WGAL, Hamas, Washington, Capitol Police, White, FBI, Intelligence Locations: HILL, Pa, Pennsylvania, Harrisburg, Pennsylvania’s 10th, Camp Hill, Washington, Iraq, Lancaster, “, District, Dauphin, Cumberland

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