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Investopedia / Alice Morgan / Getty ImagesKey TakeawaysRepublican presidential candidate Donald Trump has laid out an economic agenda focused on tariffs on China and other countries, which he said would bring manufacturing back to the U.S.Trump’s plans also include renewing the 2017 Tax Cuts and Jobs Act provisions, including a higher standard deductible for federal taxes and lower tax rates for most brackets.The former president has also proposed targeted tax breaks for individuals, including exempting tipped income, overtime pay and Social Security payments from income tax.Republican presidential candidate Donald Trump has focused his economic agenda on foreign trade, U.S. manufacturing…

Investopedia / Alice Morgan / Getty ImagesThe Democratic candidate, Vice President Kamala Harris, has outlined her “opportunity economy” throughout her campaign.The economy has consistently ranked as the top concern for voters in the upcoming election. A recent Gallup poll showed that 43% of people cited economic issues as their top concern, up from 36% when asked in April. Inflation and the federal debt are among the most concerning economic issues to voters.Both candidates have made the economy a major part of their pitch to voters. Here’s what policies Harris said she would implement if elected as president.Harris’ Economic PlanTaxesHarris plans…

Coming up: Presidential election, Fed interest rate decision, earnings from Palantir, Novo Nordisk, ToyotaJEFF KOWALSKY / AFP / Getty ImagesKey TakeawaysThe 2024 presidential election is on Tuesday.The Federal Reserve will announce its interest rate decision on Thursday, followed by Fed Chair Jerome Powell’s press conference.Palantir, Microchip Technology, and Arm Holdings are among the technology firms reporting this week, while pharmaceutical companies Novo Nordisk, Gilead Sciences, and Vertex also will issue financial reports.The presidential election on Tuesday will attract a lot of attention from market watchers, as will Thursday’s Federal Reserve decision on whether to again cut interest rates. Fed Chair Jerome…

Johannes Eisele / AFP / Getty ImagesKey TakeawaysWarren Buffett’s Berkshire Hathaway reported its profit declined in the third quarter while its cash pile ballooned to a record of more than $320 billion.Berkshire trimmed its stakes in both Apple and Bank of America, bringing its total proceeds from stock sales this year to about $133 billion.Berkshire paused stock buybacks last quarter as its share price surged to a record high.Berkshire Hathaway (BRK.A; BRK.B) on Saturday reported its profit fell in the third quarter while its cash pile swelled to a record as it trimmed its stakes in Apple (AAPL) and Bank…

Chipotle Mexican Grill A Chipotle worker uses the company’s “Autocado” machine. Key TakeawaysChipotle is investing in back-of-the-house technology to maintain consistency across restaurants and lift efficiency.All restaurants will get produce slicers and busy locations may get more efficient grills. The company is experimenting with machines that prepare avocados and assemble burrito bowls and salads.The move to streamline restaurants is seen across the industry, from burger chains to salad makers.Chipotle Mexican Grill (CMG) has spent years linking its brand with “classic” culinary techniques. Now it’s folding in state-of-the-art slicers, mechanized avocado peelers and automated dish assembly.The burrito chain is looking to…

VCG / Contributor / Getty ImagesKey TakeawaysArtificial intelligence darling Nvidia and paint maker Sherwin-Williams are set to join the Dow Jones Industrial Average, replacing Intel and chemical giant Dow.The changes will take effect prior to the start of trading next Friday, Nov. 8, according to S&P Dow Jones Indices.Nvidia and Sherwin-Williams shares climbed in extended trading Friday following the news, while Dow and Intel edged lower.Artificial intelligence darling Nvidia (NVDA) is set to join the Dow Jones Industrial Average, replacing storied chipmaker Intel (INTC). The change will take effect prior to the start of trading next Friday, Nov. 8, according to…

Michael M. Santiago / Staff / Getty ImagesKey TakeawaysThe S&P 500 added 0.4% on Friday, Nov. 1, as strong earnings results from Amazon helped lead a resurgence in communication and technology stocks.Waters Corp. shares surged after the analytical instrument supplier posted strong third-quarter results, benefitting from sales growth across all regions and markets.Virginia-based utility AES Corp. reported a year-over-year decline in revenue, and its shares tumbled.Following a pair of negative trading sessions, major U.S. equities indexes closed out the week on a strong note, pushing higher on Friday as investors cheered upbeat earnings results from e-commerce and cloud computing behemoth Amazon (AMZN).The…

Waters CorporationKey TakeawaysShares of Waters Corp., which supplies lab instruments and software, notched the top performance in the S&P 500 Friday.The life sciences firm topped third-quarter sales and profit estimates, boosted by growth across all its regions and end markets.Waters CEO Dr. Udit Batra said new product adoption and improved customer spending trends contributed to the strong results.Shares of Waters Corp. (WAT) surged nearly 20% on Friday, delivering the top daily performance in the S&P 500 after the company reported third-quarter sales and earnings that topped analysts’ projections.The provider of analytical laboratory instruments and software reported third-quarter earnings per share…

Zach Gibson / Stringer / Getty ImagesKey TakeawaysThe IRS announced cost-of-living adjustments for retirement plans and Individual retirement accounts (IRAs) Friday, revealing that the 401(k) limit has increased for 2025.In 2025, workers can contribute up to $23,500 to their 401(k)s, up from $23,000 in 2024.Starting in 2025, people aged 60, 61, 62, or 63 who participate in workplace retirement plans can make even greater catch-up contributions of up to $11,250 instead of $7,500.Retirement savers can stash more money in their 401(k)s next year.Friday, the IRS announced cost-of-living adjustments for retirement plans and IRAs. The 401(k) contribution limit for 2025 is…

J. David Ake / Getty Images Key TakeawaysThe IRS in August determined that a company could change its retirement plan to give employees the option of allocating their 401(k) matching contributions toward their student loan repayments or medical expenses.During open enrollment, employees would make an annual election for those matching contributions.This ruling only applies to one company, but since the 2022 enactment of Secure 2.0 legislation, all employers have the option to give their employees the ability to use matching contributions to pay off their student loans.The IRS has allowed workers at one company use to use 401(k) matching contributions…