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☆ Dennoriss Richardson: FBI investigating death of Black man found hanging in Alabama
▼ + stars: | 2024-11-02 | by ( Associated Press | ) edition.cnn.com time to read: +8 min

Widespread skepticism about Richardson’s death underscores deep-seated distrust of local law enforcement in Colbert County. A spokesperson for the FBI’s field office in Birmingham confirmed the FBI is aware of Dennoriss Richardson’s death and is reviewing the allegations of criminal misconduct. Marvin Long, a 57-year-old Black man and lifelong Colbert County resident, knew Dennoriss Richardson’s family well growing up. He shares the skepticism about the suicide ruling and said Richardson’s death has intensified his fear of retaliation. Dennoriss Richardson pleaded guilty to drug possession in 2006 and was sentenced to five years in prison.

Persons: Dennoriss Richardson, Leigh Richardson, didn’t, Sheriff Eric Balentine, ” Balentine, Dennoriss, Tori Bailey, Bailey, ” Bailey, Marvin Long, ” Long, “ I’m, Long, Richardson, Roderick Van Daniel, ” Van Daniel, ”, Balentine, “, ” Richardson, Sheffield Mayor Steve Stanley, Stanley, ” Stanley, Richardson’s, Van Daniel, Richardson “ Organizations: Alabama AP, FBI, Sheriff’s, Sheriff, NAACP, Equal, Initiative, Sheffield Police, “, Sheffield, The Sheffield Police Department, Sheffield Mayor, Sheffield Police Department, International Association for Suicide Prevention, Befrienders Locations: Montgomery, Alabama, Colbert County, Sheffield, Tennessee, The Colbert, Birmingham, Colbert

☆ Texas news anchor shares emotional on-air tribute to co-anchor Kris Radcliffe while announcing his death
▼ + stars: | 2024-11-01 | by ( Liz Calvario | ) www.nbcnews.com time to read: +4 min

The Central Texas television station KCEN team mourned one of their own live on-air Oct. 30 and announced the death of co-anchor Kris Radcliffe. Co-anchor Lindsay Liepman of KCEN, an NBC affiliate in Temple, Texas, became visibly emotional as she shared during the Wednesday newscast that Radcliffe “died unexpectedly.” He was 51. She reminisced about their time off-screen and extended her condolences to his family, including Radcliffe’s wife, daughters and grandchildren, as well as his sister. She continued by saying Radcliffe’s death “is a true loss for our community.” He was then honored with a video montage about his life and mentorship at the news station. He then became the morning anchor for Texas Today, where he held the position for nine years before transitioning into the evening anchor role.

Persons: Kris Radcliffe ., Lindsay Liepman, Radcliffe “, “ Kris, ” Liepman, Kris, “, Liepman, ”, I’ve, Radcliffe, Baylee Bates, Kris ’, Sydney Dishon, ” “ Kris, I’ll, Radcliffe’s, Eden Radcliffe, ” Eden, Libby, “ She’s, ” Kris Radcliffe, KCEN Organizations: Central, NBC, ”, Sydney, Texas Today Locations: Central Texas, Temple , Texas, Waco, KCEN, “

☆ Florida bail bondsman allegedly offered female inmates bond in exchange for sex; sold women he bonded out to other buyers
▼ + stars: | 2024-11-01 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +1 min

A Florida bail bondsman allegedly targeted incarcerated female inmates and offered them bond in exchange for sex, the state's attorney general said. Moncrief, the owner of Moncrief Bail Bonds in multiple Florida counties, allegedly offered to bond out the women "in exchange for sex." He also offered to bail out inmates "in exchange for sex from someone outside of jail" and allegedly sold women he bonded out to other buyers, Moody's office said. Authorities learned of Moncrief's scheme while investigating former defense attorney John Gillespie for committing similar crimes, the attorney general said. Victims of Gillespie told investigators they had also been forced to perform sex acts with Moncrief, the office said.

Persons: Russell Bruce Moncrief, Ashley Moody’s, Moncrief, Phelan M, Moody, John Gillespie, Gillespie Locations: Florida, Orange County, Moncrief

A Montana man found slain in his tent earlier this month welcomed his alleged killer, a stranger, to his campsite and offered him a beer, the Gallatin County sheriff said Thursday. Abbey in a confession to detectives “stated, Dustin welcomed him to the campsite and offered him a beer,” Springer said. “The motives of this attack are still unknown.”DNA from a beer can found in the tent was matched by the state crime lab to Abbey, Springer said. He set up the camp on Oct. 10, a Thursday, and he planned to pick his girlfriend up from work the next night, Springer said. The girlfriend and a friend drove to the campsite on Oct. 12, a Saturday, and found Kjersem dead inside the tent, Springer said.

Persons: Daren Christopher Abbey, Dustin Kjersem, Sheriff Dan Springer, Kjersem, Springer, “, Dustin, ” Springer, Abbey Organizations: Sky, Sheriff, Abbey, Montana Department of Justice, Montana Department of Corrections Locations: Montana, Gallatin County, Butte, Big, Basin , Montana

Following Friday's trade, Jim Cramer's Charitable Trust will own 30 shares of BLK, increasing its weighting to 0.85% from 0.5%. Our CNBC Investing Club Reporter Morgan Chittum took a look at a few catalysts on the horizon that can keep BlackRock's earnings momentum going. Elsewhere, BlackRock's GIP deal also shows investors that the firm "got back on the front foot" in private markets growth, Evercore ISI said in a recent note. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer's, Morgan Chittum, Larry Fink, Fink, Biden, there's, Sudhir Nair, BlackRock's, Morgan Stanley, Jim Cramer, Jim Organizations: BlackRock, BLK, Devices, CNBC Investing, Catalyst, Global Infrastructure Partners, Biden Administration, Club, Microsoft, Preqin, Money, Federal Reserve, Boeing, CNBC Locations: BlackRock, U.S, Florida, Riyadh, Saudi Arabia

☆ Election next week holds big implications for stock market, especially the control of Congress
▼ + stars: | 2024-11-01 | by ( Sarah Min | ) www.cnbc.com time to read: +8 min

But the true implications for investors monitoring the election may lie in which party controls Congress, rather than who will sit in the White House. .SPX YTD mountain S & P 500 The importance of whichever party controls Congress was highlighted by Trump's recent trips outside battleground states such as New Mexico , a state that hasn't voted for a GOP presidential nominee in roughly 20 years. On the other hand, Evercore ISI's Emanuel expects a Harris victory, with a Democratic sweep of Congress, could result in the S & P 500 falling to roughly 5,700. The S & P 500 slid 1%, while the Nasdaq dipped 0.5%. Earnings season continues with about 100 S & P 500 companies confirmed to report.

Persons: Donald Trump, Kamala Harris, Trump, Nanette Abuhoff Jacobson, I'm, Abuhoff Jacobson, hasn't, Brian Burrell, Jay Hatfield, Harris, Hatfield, Evercore ISI's Julian Emanuel, Evercore ISI's Emanuel, Jerome Powell's, Ralph Lauren, Warner, Alex Harring Organizations: NBC, Congress, House, Democratic, Republican, Hartford Investments, GOP, Thornburg Investment Management, Infrastructure Capital Advisors, Senate, Wednesday, Regional Banking, Treasury, Federal Reserve, Dow Jones, Nasdaq, National, Marriott International, Diamondback Energy, Wynn Resorts, Palantir Technologies, NXP Semiconductors, PMI, PMI Services, Services PMI, Petroleum, Brands, Technology, Computer, CVS, Howmet Aerospace, Gilead Sciences, Labor, Consumer, Moderna, Molson Coors Beverage, Halliburton, Hershey Co, Warner Bros, Expedia, Akamai Technologies, Paramount Locations: New Mexico, Albuquerque, Santa Fe , New Mexico, Hartford, Albemarle, Qualcomm, Michigan

☆ Surge in UK borrowing costs is not a repeat of the 'mini-budget' crisis, economists say
▼ + stars: | 2024-11-01 | by ( Jenni Reid | ) www.cnbc.com time to read: +4 min

Loading chart...LONDON — U.K. borrowing costs posted two days of gains right after the Labour government unveiled a huge package of borrowing and tax rises in its Wednesday budget — but analysts downplayed the possibility of a second "mini-budget" crisis in the British bond market. The 10-year gilt yield , representing medium-term borrowing costs for the government, was slightly lower on the day at 11:20 a.m. London time. Yields move inversely to prices, so higher yields represent a sell-off in bonds — and an aversion to funding U.K. debt. The incident sent bond yields soaring so rapidly, they threatened to destabilize pension funds. Loading chart..."The market is right to be concerned" about the U.K. fiscal outlook, Mohit Kumar, chief financial economist for Europe at Jefferies, told CNBC.

Persons: Rachel Reeves, Reeves, Liz Truss, BOE, Susannah Streeter, Hargreaves Lansdown, It's, Streeter, CNBC's, Sterling, Mohit Kumar, We've Organizations: LONDON, Labour, Wednesday, Bank of England, Deutsche Bank, Hargreaves, U.S ., Jefferies, CNBC Locations: London

☆ Investors load up on bonds and bitcoin ahead of the U.S. presidential election
▼ + stars: | 2024-11-01 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

Investors have been heavily buying two very different categories of assets ahead of next week's election: bonds and bitcoin . Bank of America credit strategist Yuri Seliger highlighted a shift toward bond buying among fund investors over the past week. A look at the list of most popular ETFs on FactSet over the past week shows that the demand for bonds has been broad across categories. Funds for investment grade corporate bonds, municipal bonds, mortgage backed securities, long-term Treasury bonds and high yield bonds are all in the top 20 funds by inflows over the past week. The iShares Bitcoin Trust ETF (IBIT) has raked in more than $2 billion of inflows over the past week, according to FactSet.

Persons: Yuri Seliger, Seliger, outflows Organizations: Bank of, HG, HY, Bank of America, —, JPMorgan

☆ Luxury European automakers are getting crushed in China
▼ + stars: | 2024-11-01 | by ( Tom Carter | ) www.businessinsider.com time to read: +7 min

AdvertisementThe days of European carmakers dominating China's luxury vehicle market are over. A study by AlixPartners found that Chinese automakers released 40 over-the-air software updates between March 2023 and February this year, compared with just two from legacy automakers. AdvertisementHard to quitDespite a challenging environment, Western premium automakers can ill afford to give up on China. As well as increased competition, European automakers face a geopolitical headache. AdvertisementTim Urquhart, principal automotive analyst at S&P Global Mobility, told BI the European Union's tariffs on Chinese automakers meant Beijing could impose levies on European car imports in retaliation.

Persons: —, Aston Martin, James Bond, Chris Brownridge, BYD, Lutz Meschke, Max, Xiaomi, Steve Dyer, Dyer, AlixPartners, Mercedes, GAO, China's, Tim Urquhart, Urquhart Organizations: BMW, Mercedes, Benz, Porsche, Service, upstarts, Volkswagen, Royce, British, Bloomberg, Reuters, Getty, P Global Mobility Locations: China, British, London, Korea, Western Europe, Beijing

☆ What's behind all the volatility in the bond market, plus Amazon lifts stocks
▼ + stars: | 2024-11-01 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Watching rates: Friday's job report caused volatility in the bond market, but not in the way you might think. But the negative revisions of 112,00 jobs over the prior two months was a sign that the job market has lost some of its momentum. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, you've, Jim Cramer's, Jim Organizations: CNBC, ., Apple, Citi, Microsoft, Meta, Boeing, Markets, Treasury, DuPont, Jim Cramer's Charitable, Trucks, Bloomberg, Getty Locations: Carlstadt , New Jersey, U.S

☆ Morgan Stanley says ‘this is the most important election’ in a long time for these tax-free assets
▼ + stars: | 2024-11-01 | by ( Michelle Fox | ) www.cnbc.com time to read: +8 min

Next week's presidential election could have a big impact on municipal bonds, according to Morgan Stanley. In that case, the federal tax exemption becomes worth more, said Dan Close, head of municipals at Nuveen. However, studies have shown a move of just a couple percentage points "doesn't really move the needle" for muni demand, Brandon said. The TCJA increased the AMT exemption and raised the income level at which the exemption would phase out. That's because banks and insurance companies in the U.S. own about a quarter of all outstanding muni bonds, he explained.

Persons: Morgan Stanley, Donald Trump, Kamala Harris, Craig Brandon, Harris, Dan Close, Brandon, MOrgan Stanley, munis, Nuveen's, —, Close, Trump, Morgan Stanley's Brandon, Byron Anderson, He's Organizations: taxpers, AMT, Trump, muni, munis, Republican, Medicare, Democratic, AAA, Investments Locations: Nuveen, U.S

A security guard has been arrested and charged with first-degree murder charge in the death of a 32-year-old man he is accused of shooting at a hookah lounge early Sunday, police in Texas said. Teddy Lee Mills is accused of shooting Day’shaun Colen shortly after 2 a.m. at the Bravo Hookah Lounge in Abilene, where Mills was working a private security detail and Colen was a would-be patron, police said. Mills, who had a firearm, and another unarmed security guard were at the door, according to the complaint. Mills also told officers that Colen said he was “gonna get him” and that when the crowd was pushing in, he felt “them” grab his Taser. The Bravo Hookah Lounge in Abilene, Texas.

Persons: Teddy Lee Mills, Day’shaun Colen, Mills, Colen, Day'shaun Colen, Charles Reynolds, Rounsaville, Colen “, mouthy ”, “, Colen’s, Lawrence Glover, Reynolds, Glover, Glover’s Organizations: Bravo, NBC News, Abilene, J.R, Google, NBC, Apex Tactical Security, Army, Knox County Sheriff’s Department, Police Locations: Texas, Abilene, Taylor, Sunday, Fort Worth, Colen, Abilene , Texas, Knox County, Indiana, Florida

They said the swim school failed to protect them from an alleged predator by insisting that they change in an open area instead of providing them with a private changing area. “Goldfish failed in its basic duties and obligations to protect them from such harm,” states the lawsuit, which was filed in the Oakland County Circuit Court. “There’s nothing we can say about this right now,” a woman who identified herself as a manager at the Goldfish Swim School in Rochester said when contacted Wednesday by NBC News. Aejaz, who lives about 2 miles south of the swim school in Rochester Hills, Michigan, is being held on a $2 million bond. Aejaz allegedly placed the cameras in hospital changing rooms, closets, bathrooms and private rooms.

Persons: Oumair, ”, Megan Bonanni, Jane, Oakland County Sheriff Michael Bouchard, ” Bouchard, it’s, we’re, Aejaz, videotaping, “, Karen McDonald, Mariell Lehman, he’s Organizations: Goldfish Swim, Oakland County Sheriff, Oakland, Sheriff’s, Police, Detroit Sinai Grace, Oakland County, Swim, NBC News, Henry Ford Macomb Hospital, Ascension Genesys Hospital Locations: Detroit, Rochester , Michigan, Oakland County, ”, India, U.S, Dawson , Alabama, Oakland, Rochester, Rochester Hills , Michigan, Clinton Township, Ascension, Grand Blanc

☆ China's stimulus will definitely' benefit offshore and onshore bond markets: UBP
▼ + stars: | 2024-10-31 | 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 EmailChina's stimulus will definitely' benefit offshore and onshore bond markets: UBPAnitza Nip of UBP discusses why China's recent stimulus measures not only help companies refinance, but also signals that the government has the determination to ensure growth is in the "right direction".

Persons: UBP

☆ Portfolio manager: Path towards lower inflation in the U.S. will see a 'reversal' in 2025
▼ + stars: | 2024-10-31 | 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 EmailPortfolio manager: Path towards lower inflation in the U.S. will see a 'reversal' in 2025Deborah Cunningham of Federated Hermes says both U.S. administrations' policies will cause inflation to pick up. She sees most impact of increased volatility to be on short term bond yields.

Persons: Deborah Cunningham, Federated Hermes Organizations: Federated Locations: U.S

☆ Walter Payton and Matt Suhey, backfield mates turned brothers, and a bond that transcends time
▼ + stars: | 2024-10-31 | by ( Dan Pompei | ) www.nytimes.com time to read: +17 min

On the rare occasions when Payton acknowledged Suhey, he called him “short white boy.”Suhey and Payton were Chicago teammates for eight seasons. Payton seemed to know how Suhey would block, and Suhey seemed to understand where Payton would step. “Back-to-back!” Payton told Suhey, locking arms with him, their backs pressed against each other’s. When Payton teased Suhey for going to Penn State, Suhey asked him where Payton’s alma mater, Jackson State, was located. According to Jarrett, Suhey continues to lord over all things sold under the Walter Payton name — and has never asked for anything in return.

Persons: Matt Suhey, Walter Payton, St . Louis, Payton, Suhey, “ I’ve, ”, “, ” Payton, Billy Dee Williams, James Caan, Gale Sayers, Brian Piccolo, Piccolo, Roland Harper, ” Suhey, Harper, Dave Williams, freestyles, Jim McMahon audibled, Jim McMahon, Dennis Winston, Jim Brown, Mike Singletary, Walter, ” Singletary, Ivory, Stevie Wonder, Paul McCartney, Mark Bortz, Keith Van Horne, Randy White, Payton . Chaos, That’s, Donna, Payton didn’t, Ralph Kramden, Ed Norton, Calvin Thomas, Payton wasn’t, fumbling, Jarrett, couldn’t, Scott, he’d, ” Jarrett, Singletary, “ Matt, “ Walter, Connie, Matt, Mike Lanigan, Major Payne ”, — Payton, Damon Wayans, Payton’s meds, ” Connie, didn’t, —, Jarrett Payton’s, Trisha, Jarrett’s, Jaden, Meech Robinson Organizations: Board of Trade, Bears, NFL, Mayo Clinic, Chicago, Chicago Bears, Packers, 49ers, Halas, Saints, Cowboys, Penn State, Jackson State, Super, Mercedes, Walter Payton Liver, University of Illinois Hospital, Walter Payton College Preparatory High School, Fox, Wheat, Payton, Suhey Locations: Chicago, St ., Millrose, Barrington, Suhey’s, San Francisco, Edison, “, “ The, ”, Penn, alma, Jackson, Arizona

☆ Rolls-Royce has made a one-off, ‘Goldfinger’-inspired car with solid gold features
▼ + stars: | 2024-10-31 | by ( Kathy Rose Obrien | ) edition.cnn.com time to read: +3 min

London CNN —Rolls-Royce has created a one-of-a-kind car in honor of the 60th anniversary of the James Bond movie “Goldfinger,” with bespoke gadgets that would be the envy of Q. Rolls-Royce Phantom Goldfinger pictured at Stoke Park, southern England. Benedict Campbell/Rolls-RoyceUnsurprisingly, this Bond-worthy car is full of bespoke gadgets - many of which are, obviously, gold. Rolls-Royce Phantom Goldfinger features gold-plated golf putter in the trunk. Fancy getting your hands on a similar bespoke car?

Persons: Royce, James Bond, Goldfinger, Sean Connery, ”, Benedict Campbell, Auric Goldfinger’s, Nick Rhodes, Bond, ” Rhodes, Georgina Cox Organizations: London CNN —, Royce, Fort Knox, CNN Locations: Ville, Stoke, England, Fort, Furka, Swiss, Goodwood

☆ U.S. Treasury yields edge higher as traders await key inflation data
▼ + stars: | 2024-10-31 | by ( April Roach | ) www.cnbc.com time to read: +1 min

One basis point is equivalent to 0.01%. The 10-year Treasury yield was less than one basis point higher at 4.27%. The 2-year Treasury note yield added one basis point to 4.16%. U.S. Treasury bond yields rose as traders reviewed the gross domestic product reading for the third quarter and looked ahead to key inflation data out later in the session. A report on weekly jobless claims and the third-quarter reading on the employment cost index are also scheduled for release on Thursday.

Persons: Dow Jones Organizations: U.S, Treasury, Federal, Traders, Fed Locations: U.S

☆ Jim Grant on rising bond yields: The market thinks the Fed may have overdone it
▼ + stars: | 2024-10-31 | 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 EmailJim Grant on rising bond yields: The market thinks the Fed may have overdone itJim Grant, Grant’s Interest Rate Observer founder and editor, joins 'Squawk Box' to discuss the latest Treasury market trends, future of U.S. monetary policy, state of the economy, and more.

Persons: Jim Grant Organizations: Treasury

☆ Republican and Democrat stock baskets from UBS heading into the election
▼ + stars: | 2024-10-31 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

With polling forecasting a close race in the U.S. presidential election , UBS is eyeing two baskets of stocks to prepare for either outcome. Overall, UBS said stocks within its Trump administration beneficiaries basket indicate a win for the former president next week. Here is a look at some of the stocks UBS has placed in each grouping. Also, a Trump administration could roll back some actions that were favorable to utilities with exposure to renewables. Other sectors that can benefit from a Harris win include homebuilding as well as child care and employment agencies, Garthwaite added.

Persons: Andrew Garthwaite, Donald Trump, Kamala Harris, Garthwaite, Harris, Goldman Sachs, David Solomon, Trump Organizations: U.S, UBS, Institute of International Finance, Trump, Citigroup, Goldman, Citi, Nike, Democratic Locations: U.S, China, Goldman Sachs, Beijing

☆ UK borrowing costs soar day after Labour government unveiled tax-raising budget
▼ + stars: | 2024-10-31 | by ( Jenni Reid | ) www.cnbc.com time to read: +3 min

watch nowLONDON — U.K. bond yields spiked sharply Thursday after the ruling Labour Party unveiled a sweeping package of tax hikes and increased borrowing. Yields had already risen on Wednesday shortly after the budget announcement by Finance Minister Rachel Reeves, which contained plans for £40 billion ($52 billion) worth of tax hikes and committed to substantially higher borrowing in the coming years. Despite the big moves this week, the gilt market is remaining relatively stable compared to September 2022, when the U.K. suffered its so-called "mini-budget crisis." Analysts had said ahead of the October 2024 budget that such bond market volatility was unlikely to repeat itself, largely because the U.K. inflation has dropped sharply since the Truss era. Analysts at Goldman Sachs said Thursday it would "reduce the urgency for sequential cuts in the near term."

Persons: Rachel Reeves, We've, Liz Truss, Truss, Reeves, Goldman Sachs, Morgan, Andrew Sheets, BOE, Sterling Organizations: Labour Party, Labour, ING, Budget, Conservative Party, Bank of England, Goldman, CNBC, U.S Locations: London

☆ A market hedge for those worried neither Trump nor Harris will do anything about the growing fiscal deficit
▼ + stars: | 2024-10-31 | by ( Michael Khouw | ) www.cnbc.com time to read: +6 min

By contrast, Vice President Kamala Harris's tax plan is expected to increase tax revenues by $1.7 trillion over 10 years, but at a cost of negative 2% to long-run GDP and 786,000 jobs. The Wharton School of the University of Pennsylvania estimates that, including her spending proposals, the primary deficits would increase by $1.2 trillion, and accounting for adverse economic feedback effects, primary deficits increase to $2 trillion. Higher deficits and higher debts, just with different paths to get there. One candidate proposes cutting taxes to improve economic activity but increase deficits, and the other proposes raising taxes and increasing spending by even more and growing deficits. If the deficit keeps increasing faster than our economy grows, so will the debt, inflation, and interest rates.

Persons: We'll, Donald Trump's, Kamala Harris's, Harris, Kamala Harris, Bernie Sanders, Treasuries Organizations: Tax Foundation, Wharton School, University of Pennsylvania, Medicare, Green New Deal, TLT, Treasury Bond ETF, CNBC, NBC UNIVERSAL Locations: United States, Europe

☆ Treasury Department announces new Series I bond rate of 3.11% for the next six months
▼ + stars: | 2024-10-31 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

Mandel Ngan | AFP | Getty ImagesHow I bond rates workI bond rates have a variable and fixed rate portion, which the Treasury adjusts every May and November. You can see the history of both parts of the I bond rate here. The variable rate is based on inflation and stays the same for six months after your purchase date, regardless of the Treasury's next announcement. How I bond rate changes affect current holdersIf you currently own I bonds, there's a six-month timeline for rate changes, which shifts depending on your original purchase date. But your fixed rate would remain at 1.30%.

Persons: Mandel Ngan, there's Organizations: US Department of Treasury, AFP, Getty, Treasury Locations: Washington ,

☆ CNBC's Inside India newsletter: India's deepening ties with natural gas
▼ + stars: | 2024-10-31 | by ( Ganesh Rao | ) www.cnbc.com time to read: +7 min

Currently, more than 80% of India's energy needs are met by coal, oil and solid biomass, according to the International Energy Agency. On the demand side, the Indian government has aggressively pushed policies that favor vehicles powered by compressed natural gas (CNG), a derivative of liquified natural gas (LNG). Meanwhile, the number of households that could receive piped natural gas is more than 300 million. For instance, natural gas is a crucial ingredient for making fertilizers, and manufacturing it domestically helps increase food security. Seth is also optimistic about India's growth rate for its third and fourth quarters despite slower capital expenditure in some states.

Persons: Punit Paranjpe, Francis Mascarenhas, They're, Maruti Suzuki, GAIL, MGL, of Home Affairs Amit Shah, David Morrison, Shah, Ajay Seth, Seth, Aravind Maiya, Embassy REITs, Maiya, Landsberg Bennett, Michael Landsberg, Landsberg Organizations: Gas, Private, Afp, Getty, International Energy Agency, Energy, Reuters, Maruti, Institute for Energy Economics, Rystad Energy, Citi, JPMorgan, Gujarat Gas, of Home Affairs, Foreign, Department of Economic, Reserve Bank of India, CNBC, Embassy, Fortune, Wealth Locations: Dhamra, Bhadrak district, India's Odisha, India, Europe, Ukraine, Moscow, Russia, Iraq, Saudi Arabia, Pune, Gujarat, Canada, U.S

☆ Over 200 unqualified Texas educators had someone else take their exam in cheating scandal
▼ + stars: | 2024-10-30 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +7 min

Five people have been charged in Texas, accused of organizing and participating in an illegal cheating scheme that certified more than 200 unqualified teachers and saw the plot’s “kingpin” rake in more than $1 million, prosecutors announced. Investigators noticed a pattern: Numerous teacher certification candidates who previously failed certification exams would drive from faraway Texas cities to the Houston area to take an exam. Then a tip came in that exposed the cheating scheme. He'd pay her about 20% of the $2,500 to allow the cheating, Levine said. “They are going to go over every teacher, I’m sure, and take whatever action they see fit if they believe someone fraudulently obtained a certification,” Levine said.

Persons: proctor, Kim Ogg, Vincent Grayson, Booker T, Tywana Gilford Mason, Nicholas Newton, Nikole, LaShonda Roberts, Ken Paxton, Mike Levine, Texas “, ”, Ogg, —, Levine, proctors, ” Levine, Grayson, Gilford Mason, He'd, Nicolas Newton, Newton, “, Roberts, HTEC, It's, Brandon G, Leonard, I’m, — Grayson, Alexandra Elizondo Organizations: Washington High School, Houston Independent School District, Texas Education Agency, Training, Education Center, DA, Public, Houston Training, Booker, Yates High School, NBC News, TEA, Houston ISD, HISD, Public Affairs, Communications Locations: Texas, Houston, Harris County, Newton, Houston ISD, TACTIX

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