New $15 million dollar team competition to launch 2020 tennis season

Details of the ATP Cup were revealed at a news conference at London’s O2 Arena this week, against the backdrop of the season-ending ATP Tour Finals. The ATP Cup will then follow in the first week of January 2020 and will take place over 10 days in three Australian cities. “This is never an attempt to damage the Davis Cup, but we have got to look forward,” Chris Kermode, ATP President exclusively told CNBC. The ATP Cup, which will clash with the ATP’s Doha tournament, will see 24-nations split in


Details of the ATP Cup were revealed at a news conference at London’s O2 Arena this week, against the backdrop of the season-ending ATP Tour Finals. The ATP Cup will then follow in the first week of January 2020 and will take place over 10 days in three Australian cities. “This is never an attempt to damage the Davis Cup, but we have got to look forward,” Chris Kermode, ATP President exclusively told CNBC. The ATP Cup, which will clash with the ATP’s Doha tournament, will see 24-nations split in
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Company: cnbc, Activity: cnbc, Date: 2018-11-16  Authors: adam reed, tpn, getty images sport, getty images
Keywords: news, cnbc, companies, atp, competition, team, players, 2020, events, prize, kermode, event, huge, million, 15, cup, launch, season, tennis, dollar


New $15 million dollar team competition to launch 2020 tennis season

Details of the ATP Cup were revealed at a news conference at London’s O2 Arena this week, against the backdrop of the season-ending ATP Tour Finals. For the announcement, Kermode was joined by Tennis Australia CEO Craig Tiley and world number one Novak Djokovic.

The new event has been seen by some as a threat to the International Tennis Federation’s (ITF) revamped Davis Cup, which returns in November 2019 with an 18-nation final in Madrid. The ATP Cup will then follow in the first week of January 2020 and will take place over 10 days in three Australian cities.

“This is never an attempt to damage the Davis Cup, but we have got to look forward,” Chris Kermode, ATP President exclusively told CNBC. “I think they can run alongside each other. Other sports have shown you can have multiple team events. I think having them too close together is an issue, but I can see that being resolved at some point.”

The ATP Cup, which will clash with the ATP’s Doha tournament, will see 24-nations split into six groups, with eight emerging to compete in a knockout phase.

“What’s in it for them is two-fold. It’s a $15 million dollar prize pot. It’ll be the biggest prize money pot on our tour. Just as importantly, they’ve got a real say in this event.” Kermode said. “That’s what the ATP is about, it’s owned 50 percent by the players and 50 percent by the promoters, so it gives the players a huge voice in our sport to have their own event.’

The ATP acknowledges that for nearly the past two decades, men’s tennis has been in an era of almost unprecedented quality. The era of Roger Federer, Novak Djokovic, Rafael Nadal and Andy Murray has seen huge growth in terms of generating revenue, which has risen 62 percent since 2012 to almost $150 million. Total prize money for its sixty-four yearly events has increased to $137.5 million for 2018.

The ATP will also be completely rebranded for 2019, centred on attracting in a younger audience, having identified that the average age of someone who attends live tennis is currently 61.

The six-week gap between the ATP Cup and the Davis Cup was earlier this year labelled “insane” by Kermode, and on Wednesday Djokovic suggested it would result in “two average events”.

However, speaking at the official launch of the ATP Cup on Thursday, Djokovic appeared to back the new competition.

“It’s really nice to have a new fresh team event, the ATP Cup, to kick-start the year in the best possible way on our terms,” said the World Number One. “Obviously the Australian Open is one of the four Grand Slams which are historically the biggest events in our sport and to be able to have a couple of weeks before that an event like this is truly going to make an impact.”

Participation in the ATP Cup will not be mandatory and so as well as huge $15 million prize fund, the new tournament is offering up to 750 ranking points, adding to the incentive for the players.


Company: cnbc, Activity: cnbc, Date: 2018-11-16  Authors: adam reed, tpn, getty images sport, getty images
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$1.5 billion Mega Millions lottery jackpot still unclaimed

If the prize goes unclaimed by the deadline, according to the Mega Millions website, “each participating state in the Mega Millions game will get back all the money that state contributed to the unclaimed jackpot.” “Unclaimed lottery winnings in Wisconsin go to the state’s general fund and are used for property tax relief. In South Carolina, unclaimed winnings are put in a fund typically used for educational expenses. “Billions of dollars in lottery prizes each year go unclaimed,” CNN reports, “


If the prize goes unclaimed by the deadline, according to the Mega Millions website, “each participating state in the Mega Millions game will get back all the money that state contributed to the unclaimed jackpot.” “Unclaimed lottery winnings in Wisconsin go to the state’s general fund and are used for property tax relief. In South Carolina, unclaimed winnings are put in a fund typically used for educational expenses. “Billions of dollars in lottery prizes each year go unclaimed,” CNN reports, “
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$1.5 billion Mega Millions lottery jackpot still unclaimed

In late October, Mega Millions announced that someone had won its $1.5 billion jackpot. But three weeks have passed and no one has come forward to claim the record-setting prize, reports ABC News.

“Everyone’s talking about it,” said Jee Patel, the manager of the KC Mart in Simpsonville, South Carolina, where the ticket was purchased. “It’s a mystery.”

The winner, who beat the odds of 1 in 302 million, gets 180 days, or until April 21, to collect before the ticket expires.

If the prize goes unclaimed by the deadline, according to the Mega Millions website, “each participating state in the Mega Millions game will get back all the money that state contributed to the unclaimed jackpot.”

States set their own priorities on how they spend that unclaimed prize money. “In Maryland and some other states, for example, unclaimed winnings go into pots for player prizes related to second-chance games and promotions and other bonus prizes,” reports Slate. “Unclaimed lottery winnings in Wisconsin go to the state’s general fund and are used for property tax relief. Georgia reserves some of its for treatment for gambling addiction.”

In South Carolina, unclaimed winnings are put in a fund typically used for educational expenses. Throughout the country, states spend a significant portion of lottery proceeds on education.

If the winner is worried about publicity, they might be reassured to learn that South Carolina is one of just eight states that allows lottery winners to do what most financial advisors recommend they should do: remain anonymous. The others are Delaware, Georgia, Kansas, Maryland, North Dakota, Ohio, South Carolina, and Texas.

And whatever the winner’s reason for not coming forward, they still have time. The ticket doesn’t expire for about five months, and some winners have cut it much closer. Last year, Jimmie Smith of East Orange, New Jersey, found a lottery ticket worth $24 millionin an old shirt hanging in his closet just before his one-year deadline.

Others have had less luck. In 2015, a California Powerball winner lost his ticket and his $1 million prize, even though surveillance footage showed him making the purchase, because the rules require you to produce the actual ticket to collect.

“Billions of dollars in lottery prizes each year go unclaimed,” CNN reports, “but the big winners almost always collect their money.”

In this case, the South Carolina winner’s lump sum prize would amount to just under $880 million. If they opt for annuity payments over the course of 30 years, they would eventually collect about $1.5 billion, minus taxes.

Don’t miss: Here’s who won the 5 biggest US lottery prizes ever

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Company: cnbc, Activity: cnbc, Date: 2018-11-16  Authors: yoni blumberg
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Bernie Sanders targets Walmart, calls for $15 minimum wage

The legislation is titled The Stop WALMART Act, or The Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act. “The Walton family, the owners of Walmart, are the wealthiest family in America with a net worth of about $180 billion. Meanwhile, most Walmart retail workers are working for horrendously low wages with minimal benefits,” Sanders said in a statement to CNBC. “The wealthiest family in America must pay its workers a living wage.” Sanders later praised Amazon CEO Jeff Bezo


The legislation is titled The Stop WALMART Act, or The Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act. “The Walton family, the owners of Walmart, are the wealthiest family in America with a net worth of about $180 billion. Meanwhile, most Walmart retail workers are working for horrendously low wages with minimal benefits,” Sanders said in a statement to CNBC. “The wealthiest family in America must pay its workers a living wage.” Sanders later praised Amazon CEO Jeff Bezo
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Bernie Sanders targets Walmart, calls for $15 minimum wage

In his latest broadside against big business, Sen. Bernie Sanders, I-Vt., is introducing a bill Thursday that would prevent large companies from buying back stock unless their employees are paid at least $15 an hour.

The proposal is aimed squarely at the nation’s largest bricks-and-mortar retailer: Walmart, which announced earnings Thursday that beat analysts’ expectations though revenue missed forecasts. The legislation is titled The Stop WALMART Act, or The Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act.

“The Walton family, the owners of Walmart, are the wealthiest family in America with a net worth of about $180 billion. Meanwhile, most Walmart retail workers are working for horrendously low wages with minimal benefits,” Sanders said in a statement to CNBC. “The wealthiest family in America must pay its workers a living wage.”

After passage of GOP tax cuts, Walmart did increase its starting wage rate for hourly employees in the U.S. to $11 and expand some benefits. Still, the boost falls short of Sanders’ target.

The new bill is co-sponsored by Rep. Ro Khanna, D-Calif. It would also require large employers to give workers up to seven days of paid sick leave for themselves or to care for a family member. In addition, it caps executive compensation at 150 times the median employee wage. Under the bill, companies with more than 500 workers would face these new restrictions.

Sanders, who identifies as a democratic socialist and caucuses with Democrats in the Senate, is one of the most vocal critics of what he deems unfair business practices and is an aggressive advocate for raising the minimum wage. He proposed a similar bill in September – called the BEZOS Act – aimed at Amazon and has vowed to reintroduce legislation raising the federal minimum wage from $7.20 to $15 an hour when the next session of Congress convenes in January.

Sanders later praised Amazon CEO Jeff Bezos for hiking the minimum wage at the company.


Company: cnbc, Activity: cnbc, Date: 2018-11-15  Authors: karen james sloan, ylan mui, drew angerer, getty images
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Bitcoin plummets under $6,000 to a new low for the year after months of stability

The world’s largest cryptocurrency hit its lowest level of the year, falling as much as 9 percent to a low of $5,640.36, according to CoinDesk. Ether fell as much as 13 percent while XRP, the third largest cryptocurrency by market capitalization, dropped 15 percent, according to CoinMarketCap.com. The rout is likely being spurred by uncertainty around bitcoin cash, according to founder and CEO of BKCM, Brian Kelly. The two digital currencies will split into “Bitcoin ABC,” or core Bitcoin Cash, a


The world’s largest cryptocurrency hit its lowest level of the year, falling as much as 9 percent to a low of $5,640.36, according to CoinDesk. Ether fell as much as 13 percent while XRP, the third largest cryptocurrency by market capitalization, dropped 15 percent, according to CoinMarketCap.com. The rout is likely being spurred by uncertainty around bitcoin cash, according to founder and CEO of BKCM, Brian Kelly. The two digital currencies will split into “Bitcoin ABC,” or core Bitcoin Cash, a
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Bitcoin plummets under $6,000 to a new low for the year after months of stability

Bitcoin’s moment of relative stability ended abruptly Wednesday.

The world’s largest cryptocurrency hit its lowest level of the year, falling as much as 9 percent to a low of $5,640.36, according to CoinDesk. Bitcoin had been trading comfortably around the $6,400 range for the majority of the fall, a stark contrast from its volatile trading year.

Other cryptocurrencies fared even worse on Wednesday. Ether fell as much as 13 percent while XRP, the third largest cryptocurrency by market capitalization, dropped 15 percent, according to CoinMarketCap.com.

The rout is likely being spurred by uncertainty around bitcoin cash, according to founder and CEO of BKCM, Brian Kelly.

That cryptocurrency was down 18 percent ahead of a “hard fork” scheduled for November 15. The two digital currencies will split into “Bitcoin ABC,” or core Bitcoin Cash, and “Bitcoin SV,” short for “Satoshi’s Vision.” Bitcoin Cash itself is a result of a fork from bitcoin, after a disagreement on the best way to scale a digital currency.

The entire cryptocurrency market capitalization dropped by $15 billion over 24 hours Wednesday, according to CoinMarketCap.com. The total market cap $85 billion, down more than 70 percent since the start of this year.


Company: cnbc, Activity: cnbc, Date: 2018-11-14  Authors: kate rooney, yu chun christopher wong, getty images
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15 gifts under $50 for anyone who loves to eat, drink and be merry

Daneson Scotch-Infused Toothpicks Gift SetPrice: $18Instead of ordering an after-dinner drink, savor a toothpick packed with the essence of Single Malt and Bourbon. Don’t miss: 25 great holiday gifts under $50Like this story? Subscribe to CNBC Make It on YouTube! Disclosure: These items have been handpicked by our editorial team. This holiday season, the proceeds will be donated to the Council for Economic Education, which supports economic and financial education.


Daneson Scotch-Infused Toothpicks Gift SetPrice: $18Instead of ordering an after-dinner drink, savor a toothpick packed with the essence of Single Malt and Bourbon. Don’t miss: 25 great holiday gifts under $50Like this story? Subscribe to CNBC Make It on YouTube! Disclosure: These items have been handpicked by our editorial team. This holiday season, the proceeds will be donated to the Council for Economic Education, which supports economic and financial education.
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15 gifts under $50 for anyone who loves to eat, drink and be merry

Daneson Scotch-Infused Toothpicks Gift Set

Price: $18

Instead of ordering an after-dinner drink, savor a toothpick packed with the essence of Single Malt and Bourbon.

Don’t miss: 25 great holiday gifts under $50

Like this story? Subscribe to CNBC Make It on YouTube!

Disclosure: These items have been handpicked by our editorial team. CNBC has affiliate relationships with some retailers so, in some cases, if you purchase an item from one of our gift guides, we may get a small share of the revenue from your purchase. This holiday season, the proceeds will be donated to the Council for Economic Education, which supports economic and financial education.


Company: cnbc, Activity: cnbc, Date: 2018-11-09  Authors: megan leonhardt, caiaimage paul bradbury, caiaimage, getty images, source, suck uk, pampered chef, the grommet, foodie dice, sees candies
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To counter China, Australia plans $1.5 billion Pacific infrastructure fund

Australia will create a A$2 billion ($1.46 billion) fund to provide loans to Pacific nations to build infrastructure, Prime Minister Scott Morrison is expected to announce on Thursday, as Canberra seeks to counter China’s influence in the region. Australia and China have been vying for influence in sparsely populated Pacific island countries that control vast swathes of resource-rich oceans. To counter, Morrison plans to announce that Australia will renew its focus on the Pacific, primarily thro


Australia will create a A$2 billion ($1.46 billion) fund to provide loans to Pacific nations to build infrastructure, Prime Minister Scott Morrison is expected to announce on Thursday, as Canberra seeks to counter China’s influence in the region. Australia and China have been vying for influence in sparsely populated Pacific island countries that control vast swathes of resource-rich oceans. To counter, Morrison plans to announce that Australia will renew its focus on the Pacific, primarily thro
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Keywords: news, cnbc, companies, 15, morrison, develop, fund, relations, infrastructure, billion, pacific, countries, australia, china, counter, plans


To counter China, Australia plans $1.5 billion Pacific infrastructure fund

Australia will create a A$2 billion ($1.46 billion) fund to provide loans to Pacific nations to build infrastructure, Prime Minister Scott Morrison is expected to announce on Thursday, as Canberra seeks to counter China’s influence in the region.

Australia and China have been vying for influence in sparsely populated Pacific island countries that control vast swathes of resource-rich oceans.

China has spent $1.3 billion on confessional loans and gifts since 2011 to become the Pacific’s second-largest donor after Australia, stoking concern in the West that several tiny nations could end up overburdened and in debt to Beijing.

To counter, Morrison plans to announce that Australia will renew its focus on the Pacific, primarily through a new infrastructure fund.

“This $2 billion infrastructure initiative will significantly boost Australia’s support for infrastructure development in Pacific countries and Timor Leste,” according to a speech Morrison is due to deliver in the state of Queensland and seen by Reuters.

“It will invest in essential infrastructure such as telecommunications, energy, transport, water, and it will stretch our aid dollars further.”

Foreign policy analysts say Australia’s new infrastructure fund will test Australia’s already cool relations with China, its largest trading partner.

“This announcement will be a gauge of whether Australia can improve relations with Beijing while doing things that would have previously annoyed China,” said Nick Bisley, professor of international relations at Melbourne’s La Trobe University.

Ties between the two countries have been strained since Australia accused China of meddling in its domestic affairs late last year.

Australia’s Foreign Minister Marise Payne will on Thursday meet her Chinese counterpart in Beijing, the first visit by a senior Canberra in two years after bilateral relations soured.

Australia has already this year pledged to develop several infrastructure projects in the Pacific but it has been forced to raid its aid budget to fund the projects.

In May, Australia said it would spend about A$200 million to develop an undersea internet cables to Papua New Guinea (PNG) and the Solomon Islands amid national security concerns about China’s Huawei Technologies.

Earlier this month, Australia said it would help PNG develop a naval base, beating out China as a possible partner for the port development.


Company: cnbc, Activity: cnbc, Date: 2018-11-08  Authors: brendon thorne, bloomberg, getty images
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Symantec spikes 15% after reportedly being approached by Thoma Bravo about acquisition

Private equity firm Thoma Bravo has approached Symantec to express interest in acquiring the U.S. cybersecurity software company, people familiar with the matter said on Tuesday. There is no certainty that the discussions between Thoma Bravo and Symantec will lead to a deal, the sources said, asking not to be identified because the matter is confidential. Symantec and Thoma Bravo did not immediately respond to requests for comment. Symantec reached a settlement with activist hedge fund Starboard


Private equity firm Thoma Bravo has approached Symantec to express interest in acquiring the U.S. cybersecurity software company, people familiar with the matter said on Tuesday. There is no certainty that the discussions between Thoma Bravo and Symantec will lead to a deal, the sources said, asking not to be identified because the matter is confidential. Symantec and Thoma Bravo did not immediately respond to requests for comment. Symantec reached a settlement with activist hedge fund Starboard
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Company: cnbc, Activity: cnbc, Date: 2018-11-06  Authors: tony avelar, bloomberg, getty images
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Symantec spikes 15% after reportedly being approached by Thoma Bravo about acquisition

Private equity firm Thoma Bravo has approached Symantec to express interest in acquiring the U.S. cybersecurity software company, people familiar with the matter said on Tuesday.

Shares of Symantec soared 15 percent in mid-morning trading Tuesday.

There is no certainty that the discussions between Thoma Bravo and Symantec will lead to a deal, the sources said, asking not to be identified because the matter is confidential.

Symantec and Thoma Bravo did not immediately respond to requests for comment.

Symantec reached a settlement with activist hedge fund Starboard Value in September that gave it three representatives on the company’s board. Private equity firms Bain Capital and Silver Lake are also investors in Symantec.


Company: cnbc, Activity: cnbc, Date: 2018-11-06  Authors: tony avelar, bloomberg, getty images
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Turkish inflation hits 25 percent in October, highest in 15 years

Turkish annual inflation surged to 25 percent in October, official data showed on Monday, hitting its highest in 15 years and underscoring the sustained impact of a currency crisis on the wider economy. Month-on-month, consumer prices jumped 2.67 percent, the Turkish Statistical Institute data showed, higher than the 2.0 percent forecast in a Reuters poll. October inflation was driven by a 12.74 percent month-on-month surge in clothing and shoe prices and a 4.15 percent rise in housing prices, t


Turkish annual inflation surged to 25 percent in October, official data showed on Monday, hitting its highest in 15 years and underscoring the sustained impact of a currency crisis on the wider economy. Month-on-month, consumer prices jumped 2.67 percent, the Turkish Statistical Institute data showed, higher than the 2.0 percent forecast in a Reuters poll. October inflation was driven by a 12.74 percent month-on-month surge in clothing and shoe prices and a 4.15 percent rise in housing prices, t
Turkish inflation hits 25 percent in October, highest in 15 years Cached Page below :
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Turkish inflation hits 25 percent in October, highest in 15 years

Turkish annual inflation surged to 25 percent in October, official data showed on Monday, hitting its highest in 15 years and underscoring the sustained impact of a currency crisis on the wider economy.

Month-on-month, consumer prices jumped 2.67 percent, the Turkish Statistical Institute data showed, higher than the 2.0 percent forecast in a Reuters poll.

October inflation was driven by a 12.74 percent month-on-month surge in clothing and shoe prices and a 4.15 percent rise in housing prices, the data showed.

There was little reaction from the lira, which weakened to 5.44 against the dollar from 5.43 beforehand. The currency has recovered recently from a sell-off driven by concerns over central bank independence and a U.S.-Turkish spat.

Last month, Turkey’s central bank left its benchmark interest rate unchanged, after a mammoth hike in September and as tensions with the United States eased.

The impact of the lira’s steep decline on the economy is still being felt with key indicators such as consumer and economic confidence falling to long-time lows and the government cutting its growth forecasts for the next three years.

Producer prices rose 0.91 percent month-on-month in October for an annual rise of 45.01 percent.


Company: cnbc, Activity: cnbc, Date: 2018-11-05  Authors: chris mcgrath, getty images
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Stocks are cheap and should rally 15% to 20%: Guggenheim’s Scott Minerd

Guggenheim’s Minerd on why we haven’t seen the market peak yet 12 Hours Ago | 02:08The stock market hasn’t peaked yet, Guggenheim’s head of investing told CNBC on Friday. Instead, right now it is going through a “classic seasonal adjustment,” said Scott Minerd, the firm’s global chief investment officer and chairman of investments. In fact, Minerd anticipates a 15 to 20 percent rally before the bull market ends, tweeting Friday afternoon that “stocks are cheap.” On Friday, stocks fell once again


Guggenheim’s Minerd on why we haven’t seen the market peak yet 12 Hours Ago | 02:08The stock market hasn’t peaked yet, Guggenheim’s head of investing told CNBC on Friday. Instead, right now it is going through a “classic seasonal adjustment,” said Scott Minerd, the firm’s global chief investment officer and chairman of investments. In fact, Minerd anticipates a 15 to 20 percent rally before the bull market ends, tweeting Friday afternoon that “stocks are cheap.” On Friday, stocks fell once again
Stocks are cheap and should rally 15% to 20%: Guggenheim’s Scott Minerd Cached Page below :
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Stocks are cheap and should rally 15% to 20%: Guggenheim's Scott Minerd

Guggenheim’s Minerd on why we haven’t seen the market peak yet 12 Hours Ago | 02:08

The stock market hasn’t peaked yet, Guggenheim’s head of investing told CNBC on Friday.

Instead, right now it is going through a “classic seasonal adjustment,” said Scott Minerd, the firm’s global chief investment officer and chairman of investments. Guggenheim has $265 billion of assets under management.

“Markets tend to continue to rise until after the Fed’s last rate increase,” he said in an interview with “Power Lunch.” The Federal Reserve is expected to raise rates one more time before the end of the year and three times in 2019.

In fact, Minerd anticipates a 15 to 20 percent rally before the bull market ends, tweeting Friday afternoon that “stocks are cheap.”

U.S. equities have been hit recently as fears of increasing inflation and rising interest rates trim corporate profit expectations.

On Friday, stocks fell once again. The Dow Jones Industrial Average closed 298 points lower after dropping more than 500 points at its lows of the day. The Nasdaq Composite closed down 2.1 percent and the S&P 500 fell 1.7 percent and briefly entered correction territory.

However, Minerd believes the seasonals are now starting to turn positive.

“History shows us that when we have these fall corrections, the market bottoms 50 percent of the time in October,” he noted. “If it doesn’t bottom in October, about 30 percent of the time in November.”

As for trade war fears weighing on stocks, Minerd said the Trump administration is “deeply concerned” about the behavior of the market.

“It’s probably going to soften their position and make them more willing to try to cut a deal with China,” he said.


Company: cnbc, Activity: cnbc, Date: 2018-10-26  Authors: michelle fox
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Amendment 4 could unlock 1.5 million votes in Florida for 2020

Amendment 4 would automatically restore voting rights for people with felony convictions upon completion of their sentences, including prison, parole and probation. The change to the state constitution would impact an estimated 1.5 million Floridians, according to The Sentencing Project and the Brennan Center for Justice. One of the people working to restore those voting rights, including his own, is Angel Sanchez. He’s a former gang member from Miami who did 12 years in Florida state prison for


Amendment 4 would automatically restore voting rights for people with felony convictions upon completion of their sentences, including prison, parole and probation. The change to the state constitution would impact an estimated 1.5 million Floridians, according to The Sentencing Project and the Brennan Center for Justice. One of the people working to restore those voting rights, including his own, is Angel Sanchez. He’s a former gang member from Miami who did 12 years in Florida state prison for
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Amendment 4 could unlock 1.5 million votes in Florida for 2020

Should people with felony convictions in their past be able to vote?

In most of the country, many of them can. But Florida has one of the most uncompromising systems in the country when it comes to voter restoration: It is one of only three states with a lifetime voting ban for all people with felony convictions.

That’s the issue Florida voters will see on the ballot this November.

Amendment 4 would automatically restore voting rights for people with felony convictions upon completion of their sentences, including prison, parole and probation. Excluded would be those convicted of murder or a felony sexual offense.

The change to the state constitution would impact an estimated 1.5 million Floridians, according to The Sentencing Project and the Brennan Center for Justice.

That’s a lot of people — especially in a state that is often seen as a political petri dish, and one that can swing presidential elections.

One of the people working to restore those voting rights, including his own, is Angel Sanchez.

He’s a former gang member from Miami who did 12 years in Florida state prison for attempted murders and robberies. Now, he’s living just down the street from the wall he hid behind to avoid shootouts as a teen. Only now, he’s a second-year law student.


Company: cnbc, Activity: cnbc, Date: 2018-10-25  Authors: jaden urbi, jordan malter
Keywords: news, cnbc, companies, 15, voting, including, amendment, 2020, prison, state, country, votes, florida, unlock, felony, hes, million, rights, restore


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