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Packages of Modelo Especial beer are displayed for sale in a grocery store on June 14, 2023 in Los Angeles, California. Mario Tama | Getty ImagesModelo cans have become part of the fabric of events for Rio Riojas' family and community in Lansing, Michigan.The 35-year-old often finds himself opting for the brand at grocery stores or bars. The beer has become, in his words, "synonymous" with gatherings, ranging from small hangouts to birthday parties."It's definitely the choice of the people," said Riojas, a stand-up comedian. "When you're at a quinceañera and you see everybody you know enjoying a couple beers at the table, it's usually going to be a Modelo." Riojas is part of a base of Hispanic consumers that has become a focal point for Constellation Brands' beer business, which also inclu...

Robert Lighthizer, former US trade representative, speaks during an event with former US President Donald Trump, not pictured, at Precision Components Group in York, Pennsylvania, US, on Monday, Aug. 19, 2024. Graeme Sloan | Bloomberg | Getty ImagesDonald Trump's longtime trade adviser is apparently telling Wall Street money managers that if the Republican presidential nominee is reelected, he could start implementing his sweeping tariff proposals quickly after taking office, according to policy analysts at Piper Sandler."We've heard from a number of clients that Trump's former US Trade Representative, Robert Lighthizer, has been meeting with investor groups and telling them that Trump could announce 60% Chinese tariffs and 10% across-the-board tariffs shortly after taking office," wrote t...

Going looking for ghosts in October isn't a great way to see one, as it turns out. At least so far. The prevailing sense among investors and market handicappers entering the month was to expect choppy, irresolute action full of potential scares. As with most consensus beliefs, this one was plausible. This time of year typically tests nerves, more so when — as now — an election is onrushing and the S & P 500 was already up 20% for the year. Instead, the index has continued its dogged grind to new record highs, 45 of them for 2024, even after investors last week walked the dark hallways and opened closet doors labeled " Warmer CPI, " "Higher jobless claims," "Rising Bond Yields" and "Fewer Fed rate cuts." All without frightening results. The big-picture, keep-it-simple characteristics of...

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 a significantly higher estate and gift tax exemption under the TCJA, which allows tax-free transfers from wealthy Americans to the next generation...