ibt-mailOct 25, 2024, 9:59 AM

Harris Breaks Out Big Names In Effort To Reach Voters

Newsletter Oct 25, 2024 Quick Six Harris breaks out big names to help campaign reach voters Kamala Harris staged a star-studded rally Thursday alongside Barack Obama and rock legend Bruce Springsteen,

Newsletter Oct 25, 2024

Quick Six

Harris breaks out big names to help campaign reach voters
Kamala Harris staged a star-studded rally Thursday alongside Barack Obama and rock legend Bruce Springsteen, launching a series of battleground state concerts in the final days of the US presidential election. The Atlanta rally comes as her battle against Republican Donald Trump, who will appear on The Joe Rogan Experience today, hits the home stretch. Beyonce, whose song "Freedom" is the Harris campaign signature music, will join the Democrat when she visits Houston today. Other big names helping Harris include Eminem, Usher and Megan Thee Stallion.
HOW HARRIS HOPES TO USE STARS TO REACH VOTERS

US new home sales reach their highest point in over a year
Sales of new homes in the US last month exceeded analyst expectations Thursday, logging the fastest pace in more than a year on the back of cooler mortgage rates. The property market, which is sensitive to interest rate changes, has taken a hit since the Federal Reserve rapidly hiked rates to ease demand and fight inflation. But sales of previously owned homes have been more impacted as existing homeowners remained reluctant to sell.
WHY ANALYSTS ARE OPTIMISTIC ABOUT HOUSING MARKET

3 in 4 Americans delay buying new car due to high prices
A survey reveals that many American consumers are struggling to afford their next car, with over half planning to work extra hours or take on a new job just to make the payments. The survey shows that 54% of consumers plan to work more hours or apply for an additional job so they can have enough money to afford a new or used car, 73% have delayed buying a new car due to high prices, and 62% blamed rising interest rates as a contributing factor.
SEE HOW CAR PRICES HAVE RISEN OVER PAST SIX YEARS

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Markets

DJIA	42,374.36	-0.33%
S&P 500	5,809.86	0.21%
Nasdaq Composite	18,415.49	0.76%
Japan: Nikkei 225	38,143.29	0.10%
UK: FTSE 100	8,269.38	0.13%
Crude Oil Futures	70.43	0.34%
Gold Futures	2,746.20	-0.10%
Yen	151.83	-0.01%
Euro	1.08	-0.02%
* As of market close

Boeing strike undercutting new CEO's plans

The quest by Boeing's new CEO to revive the aviation giant's fortunes suffered a serious blow when striking machinists voted down the latest contract proposal, prolonging a nearly six-week stoppage. Two-thirds of the International Association of Machinists and Aerospace Workers District 751 rejected the preliminary agreement, extending a walkout of some 33,000 Seattle-region employees. The vote came just hours after new Boeing CEO Kelly Ortberg laid out his plan to restore Boeing's reputation after a series of safety problems and problematic projects.

BOEING REPORTS $6.2 BILLION LOSS AMID MULTIPLE CRISES

Questions swirl around Trump deportations

Donald Trump's mass deportation plan has sparked analysis focused on the economic consequences of enacting such a plan, especially for certain industries. There's also doubts about the logistics behind such a massive undertaking. The 2022 American Community Survey said that there are 11 million undocumented immigrants. However, Trump has claims that this number is currently around 15 to 20 million, and House Speaker Mike Johnson estimated the number to be around 4.5 million.

STUDY SAYS MASS DEPORTATIONS COULD COST THE US $200B

LA eyes resentencing for Menendez brothers

Los Angeles' chief prosecutor said he would seek a resentencing for Lyle and Erik Menendez, brothers who were jailed for life in the 1990s over the grisly murder of their parents, in a move that could lead to their immediate parole. District Attorney George Gascon said he would ask a judge to rule that the men, whose case has gained renewed attention because of a Netflix series, should have their sentence reduced in a way that would make them eligible to be released in the coming months.

FIND OUT HOW THE NETFLIX SERIES SET WHEELS IN MOTION

Extra point

What was the first video streaming service on the Internet? What year?

Thursday's answer: Then-aspiring model Marilyn Monroe was the first centerfold to appear in Playboy magazine in its 1953 inaugural issue.

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