Jeff J Mitchell, Getty ImagesAlex Salmond, the former first minister of Scotland who for decades championed Scotland’s independence from the U.K., has died. He was 69.U.K. Prime Minister Keir Starmer paid tribute to Salmond, calling him a “monumental figure” of both Scottish and British politics.”He leaves behind a lasting legacy,” Starmer said. “As first minister of Scotland, he cared deeply about Scotland’s heritage, history and culture, as well as the communities he represented.”Salmond served as first minister of Scotland from 2007 to 2014, and was leader of the Scottish National Party on two occasions, from 1990 to 2000, and from…
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Republican presidential nominee former President Donald Trump attends a rally at the site of the July assassination attempt against him, in Butler, Pennsylvania, Oct. 5, 2024.Brian Snyder | ReutersMore from FA 100:Here’s a look at more coverage of CNBC’s FA 100 list of top financial advisory firms for 2024:It’s unclear which TCJA provisions, if any, could be extended by Congress, particularly with uncertain control of the Senate, House and the White House. In the meantime, some financial advisors have started tax planning for clients who could be affected. Here are some of their key strategies.Estate planning is a ‘large focus’Currently, there’s…
By Fabian Ardaya, Tim Britton, Will Sammon and Eno SarrisThe Los Angeles Dodgers and New York Mets both put away division rivals in the NLDS to keep their postseason hopes alive and reach the NLCS. The Dodgers overcame a 2-1 series deficit against the Padres, storming back to shut out San Diego in a decisive Game 5. The Mets took care of the Phillies in four, with Francisco Lindor slamming the door on Philadelphia to give New York its first playoff series win at Citi Field.This is the fourth time these teams have squared off in the postseason, with the…
Fed rate cuts are likely to help push bitcoin and other risk assets higher, but some stablecoin issuers could suffer a hit to their revenue. Stablecoins are now collectively the 18th largest holder of U.S. Treasurys, with more than $120 billion of them backing different coins, and Bernstein recently called them an increasingly “systemically important” asset class . Tether (USDT) and USD Coin (USDC) dominate the market, making up 70% and 21%, respectively, according to CryptoQuant. “For most of these stablecoin issuers, the core business model is making the product free and retaining all of the interest that’s being earned…
Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain.Cristina Arias | Cover | Getty ImagesThe U.S. Food and Drug Administration on Friday agreed to reconsider a decision it made last month to bar drug compounders from selling their own versions of Eli Lilly’s blockbuster weight loss and diabetes drugs.The agency said in a court filing it would now allow compounding pharmacies and facilities to keep providing the drugs while it reviews whether there is a shortage of their active ingredient. The compounding versions of the drugs are cheaper for patients than the brand-name versions.The decision was in response to a…
The cold war between tennis players and the sport’s integrity authority grew several degrees hotter this week, as the leading but nascent organizing body for tennis players directly questioned the methods by which tennis polices doping and corruption.In a letter addressed to Karen Moorehouse, the chief executive of the International Tennis Integrity Agency (ITIA) and seen by The Athletic, Ahmad Nassar, the executive director of the Professional Tennis Players Association (PTPA), alleged that ITIA investigators have on occasion seized the personal mobile phones of players, harassed their families and threatened players with sanctions and suspensions unless they immediately do what is…
Two exchange-traded funds are looking for profits in China with two different strategies.While the Rayliant Quantamental China Equity ETF dives into specific regions, the newly launched Roundhill China Dragons ETF buys the country’s biggest stocks.”[It’s] focused just on nine companies, and these companies are the companies that we identified as having similar characteristics to magnitude in the U.S.,” Roundhill Investments CEO Dave Mazza told CNBC’s “ETF Edge” this week.Zoom In IconArrows pointing outwardsSince its inception on Oct. 3, the Roundhill China Dragon ETF is down almost 5% as of Friday’s close.Meanwhile, Jason Hsu of Rayliant Global Advisors is behind the…
Analysts at Goldman Sachs named a slate of stocks to snap up as earnings season gets underway. There are plenty of buy-rated companies heading into quarterly reports, according to the firm. Those names include LivaNova , Spotify Technology, TKO Group and ServiceNow. Spotify Technology “SPOT is the clear global audio platform leader,” wrote analyst Eric Sheridan in his quarterly earnings preview note to clients. The firm said it sees a slew of positive catalysts heading into the streaming service provider’s earnings report in November. They include “compounded user growth, rising engagement across multiple format structure & pricing power,” Sheridan wrote.…
Jayde Powell started her social media career over a decade ago, working for wellness brands and big name companies like Delta Airlines. She never imagined she’d make money creating content as herself — especially not on LinkedIn.Powell started posting observations from her experience in corporate America on the job search-platform after she noticed other creators were shifting away X.com, formerly known as Twitter,, at the end of 2022. Within a year, the posts started gaining traction and catching the attention of past clients.When the social media management platform Sprout Social, offered $1,000 for Powell to write a sponsored post promoting…
It looked like a play from the NFL. Christian Pulisic tussled with his blocker and former team-mate, Yacine Adli, then ran a route from inside to out. He got open for Theo Hernandez’s looping ball to the far post, leapt and executed a magnificent volley back across goal in the style of AC Milan great Marco van Basten.It was from an acute angle. Both feet were off the ground and Pulisic somehow contrived to beat a goalkeeper in David de Gea who, otherwise, seemed unbeatable in Florence. يا عيني على الفخامة يا بوليسيتش 🔥#الدوري_الإيطالي pic.twitter.com/XEk5vjwnLb — الدوري الايطالي (@SerieA_AR) October…
