Another Fed rate cut is ahead but also likely is ongoing uncertainty after the election Currently, Goldman Sachs economics research is penciling in another four consecutive interest rate cuts in the first half of 2025 but also acknowledged in its Monday update that more uncertainty ... 11/5/2024 - 3:07 pm | View Link
China's Next Stimulus Package Is Unlikely to Put Market Fully at Ease Chinese lawmakers are gathering in the shadow of the US election to sign off on a fiscal package that’s set to run into the trillions of yuan yet is unlikely to put the market fully at ease. 11/5/2024 - 2:30 am | View Link
Mobileye: Stuck In The Slow Lane Following Mobileye's recent earnings release, investors should remain bearish on MBLY stock due to inconsistent growth and high valuation relative to projected growth. 11/4/2024 - 12:15 am | View Link
Chipotle's Growth Cools: 3 Questions the Burrito Roller Needs to Answer Chipotle is still a wonderful business, but with its premium valuation, uncertainty around its leadership, and slowing growth on the bottom line, there are reasons to hit the brakes. The company aims ... 11/2/2024 - 12:30 am | View Link
The Other Trump Trade That Is Worrying Markets Robert Lighthizer, who was a huge influence on Donald Trump’s protectionist trade policy, is again a candidate for a top role if the Republican wins next week. 10/31/2024 - 1:05 am | View Link
Voters in the Sunshine State have narrowly rejected a proposal that would have enshrined abortion rights in the state’s constitution, a first since the fall of ‘Roe.’
A ballot measure in Florida to enshrine abortion rights has failed to secure the necessary votes, according to the Associated Press. As results for the 2024 election roll in, votes late Tuesday indicate that the state’s six-week abortion ban that took effect in May—one of the country’s most restrictive abortion bans—will remain in place.
Nevada's secretary of state said more young people's mail-in ballots had problems with signatures. Anadolu/Anadolu via Getty ImagesGen Z voters who struggle with cursive could slow the vote count, Nevada's secretary of state said. He said more mail ballots have been rejected because of issues with young voters' signatures. Many schools stopped teaching cursive in 2010, leading to a generation unfamiliar with the style.
Musk said Tuesday that his super PAC will continue to be a player in elections, including the 2026 midterms and local district attorney races. Anna Moneymaker/Getty ImagesElon Musk plans to remain a major force in American politics even after this election. He says his super PAC will "keep going" after this election and is "preparing for the midterms."Musk said he's interested in combating the influence of George Soros in district attorney races.
New York Times Tech Guild members protest outside the Times' headquarters. DAVID DEE DELGADO/AFP via Getty ImagesDozens of New York Times tech workers crossed the picket line amid a tech strike. The Tech Guild is striking over remote work, pay equity, and subcontracting limits. The work stoppage threatened to disrupt operations during an expected election traffic surge.
At least 5 polling stations will stay open late in Georgia after non-credible bomb threats. Nathan Posner/Anadolu via Getty ImagesAt least 12 polling stations in Georgia will stay open later after bomb threats disrupted voting. The non-credible threats are linked to Russia, the FBI said. Georgia is one of seven swing states that will decide the outcome of the election.
Elon Musk will reportedly spend election night with Donald Trump at Mar-a-Lago. Ryan Collerd/AFP via Getty ImagesDonald Trump megadonor Elon Musk's private jet has landed in Florida. He will reportedly spend election night with Donald Trump at Mar-a-Lago. The Tesla CEO has spent more than $130 million supporting Trump and the GOP.