Trump or Harris? Here are the 2024 stakes for airlines, banks, EVs, health care and more

Trump or Harris? Here are the 2024 stakes for airlines, banks, EVs, health care and more


Key Points
  • For airlines, banks, electric vehicle makers, health-care companies, media firms, restaurants and tech giants, the presidential election’s outcome could result in stark differences in the rules they’ll face, the mergers they’ll be allowed to pursue, and the taxes they’ll pay.
  • As president, Donald Trump slashed the corporate tax rate, imposed tariffs on Chinese goods, and sought to cut regulation and red tape and discourage immigration, ideas he’s expected to push again if he wins a second term.
  • Corporate insiders expect Harris to broadly continue President Joe Biden’s policies, including his war on so-called junk fees across industries, although there is hope for a more moderate approach.



Source

Bitcoin breaks below ,000 to lowest since November 2024 as heavy selling resumes
Finance

Bitcoin breaks below $73,000 to lowest since November 2024 as heavy selling resumes

Key Points Bitcoin dived below the $73,000 mark on Tuesday as investors have continued to rotate out of risk-on assets amid mounting geopolitical concerns. The world’s oldest cryptocurrency sank as low as $72,884.38, its lowest level since Nov. 6, 2024, when the token traded at $68,898. Source

Read More
Stocks making the biggest moves midday: Novo Nordisk, Palantir, AES, Rocket and more
Finance

Stocks making the biggest moves midday: Novo Nordisk, Palantir, AES, Rocket and more

Check out the companies making headlines before the bell: Novo Nordisk — The maker of obesity drug Wegovy’s U.S. stock fell about 13% after unexpectedly warning that fiscal 2026 sales will be hurt by lower drug prices in the U.S. even as it anticipates more patients will use its popular GLP-1 drug. Novo Nordisk said […]

Read More
Rocket Companies shares jump 6% after CEO says mortgage loan volume is surging
Finance

Rocket Companies shares jump 6% after CEO says mortgage loan volume is surging

In this article RKT Follow your favorite stocksCREATE FREE ACCOUNT watch now VIDEO8:4108:41 Rocket Companies CEO: On track to produce the highest mortgage loan production in 4 years Squawk Box Rocket Companies shares jumped on Tuesday after CEO Varun Krishna told CNBC the company was writing a larger amount of mortgage loans. “We’re getting ready […]

Read More