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Republican presidential nominee, former U.S. President Donald Trump delivers remarks during a campaign rally at the Cobb Energy Performing Arts Centre on October 15, 2024 in Atlanta, Georgia. Kevin Dietsch | Getty Images News | Getty ImagesFive men who were wrongfully convicted as teenagers in the so-called Central Park Five jogger rape case sued Donald Trump on Monday, saying the Republican presidential nominee defamed them by falsely claiming they killed someone and pleaded guilty.The lawsuit, filed in federal court in Philadelphia, cites several statements Trump made about the men during his Sept. 10 debate with Democratic nominee Kamala Harris, after she blasted Trump for taking out an ad in 1989 calling for the then-teen defendants to be executed."Defendant Trump falsely stated [at th...

Vice President Kamala Harris is campaigning for president against Elon Musk at least as much as she is against former President Donald Trump, Mark Cuban said Monday, as he advocated for the Democratic nominee as the pro-business choice."It's the Harris campaign versus Elon, not even versus Trump," the billionaire investor and former "Shark Tank" host said on CNBC's "Squawk Box."Cuban took a swipe at the Tesla and SpaceX CEO over Musk's promise to give $1 million per day to the winner of a swing-state voter sweepstakes, calling it "innovative" and "desperate."But Cuban later predicted that if Harris wins, she "100%" could mend her relationship with Musk.Cuban's remarks were the latest volley between the two billionaires, who have taken on increasingly prominent campaign roles while ramping ...

Former President Donald Trump's tax reform ideas could offer total or partial income tax exemptions to roughly 93.2 million Americans, a meaningful chunk of the U.S. electorate, according to CNBC's analysis of several estimates.As part of his economic pitch to voters, Trump has floated a sweeping tax overhaul, including a slate of income tax breaks.So far, the Republican presidential nominee has officially proposed eliminating income tax on tips and Social Security benefits, along with overtime pay. And last week, in an interview on the sports media site OutKick, Trump said he would consider tax exemptions for firefighters, police officers, military personnel and veterans.These exemptions are part of Trump's larger vision to transition away from the income tax system and replace it with th...

Wall Street has continued to rattle off some new record highs in October, but the absence of one major index from the list is starting to become glaring, according to Raymond James. Quantitative and technical strategist Javed Mirza pointed out in a note to clients that the Nasdaq 100 has not set a record high since July. The relative struggle of that tech-heavy index is possibly a sign that the broader bull market is on the verge of entering into a new phase — and getting close to a peak, according to Mirza. "The Nasdaq 100 is a good proxy for the more 'growthy' areas of the market and this negative divergence suggests that Portfolio Managers have begun to shift away from the more growth-oriented areas of the market, consistent with a shift into the late stages of the current 4-Year Cycle....