Author: Press Room
Democratic presidential candidate Kamala Harris has backed an earth-shattering idea: For the first time, traditional Medicare would pay for personal assistance at home and related long-term care. Currently, only Medicaid and certain Medicare managed care programs provide long-term care benefits. Harris endorsed the idea in an appearance on the television show The View and her staff heavily promoted her initiative to news organizations. She’d break down the six-decade wall between traditional Medicare and long-term care and potentially vastly expand government support for frail older adults and their families. In her television appearance, Harris spoke passionately about being a caregiver for…
Washington D.C., Denver and Raleigh, North Carolina, are the real estate markets that are projected to see the most substantial changes as the Federal Reserve begins to lower borrowing rates. According to a new Realtor.com report published Tuesday, markets with a high percentage of homeowners with a mortgage stand to see the most changes. In Washington and Denver, for instance, almost 75% of owner-occupied homes have a mortgage. But the effect of lower mortgage rates will differ depending on mortgage usage and homeowners in these areas, according to the real estate firm. FEDERAL RESERVE CUTS INTEREST RATES BY HALF-POINT; FIRST RATE…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets : Stocks are rallying Tuesday after a nearly 1% drop in the S & P 500 in the prior session. A reversal of two recent trends are helping lift the market. First is the drop in the price of oil. Over the past week, we’ve seen the broader market sell-off when oil spiked on Middle East tensions. The opposite is happening Tuesday, although the market came off its highs of…
Shares of Trump Media surged nearly 19% on Tuesday, putting the Truth Social operator on track for its fourth straight day of gains — its longest positive price streak since June.DJT shares at one point jumped to $22 in extremely heavy trading, nearly 90% higher than the company’s intraday low of $11.75 per share on Sept. 24. Trump Media ended the trading day up 18.5% at $21.80 per share.But the stock price remains well below its peak in late March, when shares hit $79.38 during the company’s trading debut on the Nasdaq.More than 45 million DJT shares were exchanged Tuesday,…
The window for a final 2024 presidential debate between former President Donald Trump and Vice President Kamala Harris is closing. CNN has publicly offered to host a debate in Atlanta on October 23. Harris has accepted the invitation and welcomed the chance to debate Trump again, but Trump has rejected her calls. On Tuesday, CNN stepped up the pressure by writing to both campaigns and setting a Thursday deadline for a formal response. Debates, after all, can’t be produced overnight; the events take time to organize. “CNN sent invitations on September 21 to both Vice President Harris and former President Trump’s campaigns to participate in…
This article was written byFollowKhaveen Investments is a Macroquantamental Hedge Fund managing a portfolio of globally diversified investments. With a vested interest in hundreds of investments spanning diverse asset classes, countries, sectors, and industries, we wield a multifaceted investment approach that combines top-down and bottom-up methodologies, integrating three core investment strategies: global macro, fundamental, and quantitative strategies. We serve accredited investors throughout the globe, which include HNW Individuals, Corporates, Associations, and Institutions. At the heart of our investment prowess lies specialized expertise in cutting-edge technologies that are reshaping the fabric of numerous industries. Our strategic focus revolves around the transformative…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK government has launched a Regulatory Innovation Office aimed at helping speed up approvals for new technologies in fields such as biotechnology and autonomous vehicles.Science secretary Peter Kyle said the new body in the Department for Science, Innovation and Technology would take innovation in areas including space, self-driving cars and lab-grown meats “by the scruff of its neck” and drive them through the regulatory process. “I’m sure there will be a bit of kicking and screaming, but if we get this right,…
Elon Musk and Tucker Carlson laugh about possible consequences for Musk if Trump loses election CNN’s Erin Burnett and a panel weigh in on Elon Musk and Tucker Carlson talking about the consequences for Musk if former President Donald Trump loses the 2024 election to Vice President Kamala Harris. Read the full article here
By Kerri Fivecoat-Campbell, Next Avenue A friend with whom I had previously worked with instant-messaged me on Facebook a couple of years ago and asked, “Hey, have you applied for your pension?” We had worked together 35 years ago in the credit department of a major bank. I replied, “Pension? We get a pension?” She told me another friend with whom we worked had told her about it. She learned if we wanted to settle our pensions and take a lump sum, we could do so any time. If we wanted a monthly payment for life, we’d have to wait…
Investors are at a heightened risk of cryptocurrency scams tied to fake relationships established over social media, dating apps and networking sites, federal officials warn.Such frauds occur when scammers use dating apps, social media platforms, professional networking sites or encrypted messaging apps to pose as a romantic interest, old friend, investment professional or other acquaintance.Fraudsters gain the trust of targets over time. At some point, they broach the idea of investing in crypto — and then defraud victims via fake investments.More from Personal Finance:How to avoid the top scam of 2023FBI: ‘Financial sextortion’ of teens is ‘rapidly escalating threat’How this…
