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  • After months of buildup, news outlets finally have the chance to report on election results

    After months of buildup, news outlets finally have the chance to report on election results

    The final answer may or may not come on Tuesday, but news organizations that have spent months reporting on the presidential campaign between Kamala Harris and Donald Trump finally have the opportunity to report on actual results.

    Broadcast, cable news networks, digital news outlets’ sites and one streaming service — Amazon — all set aside Tuesday night to deliver the news from their own operations.

    Actual results will be a relief to news organizations that had weeks — and an excruciatingly long day of voting — to talk about an election campaign that polls have repeatedly shown to be remarkably tight. The first hint of what voters were thinking came shortly after 5 p.m. Eastern, when networks reported that exit polls showed voters were unhappy with the way the country was going.

    It’s still not clear whether that dissatisfaction will be blamed on Harris, the current vice president, or former President Trump, who was voted out of office in 2020, CNN’s Dana Bash said.

    Trying to draw meaning from anecdotal evidence

    Otherwise, networks were left showing pictures of polling places on Tuesday and trying to extract wisdom from anecdotal evidence.

    “Dixville Notch is a metaphor for the entire race,” CNN’s Alyssa Farah Griffin said, making efforts to draw meaning from the tiny New Hampshire community that reported its 3-3 vote for Harris and Trump in the early morning hours on Tuesday.

    MSNBC assigned reporter Jacob Soboroff to talk to voters waiting in line outside a polling place near Temple University in Philadelphia, where actor Paul Rudd was handing out water bottles. Soboroff was called on by one young voter to take a picture with herself and Rudd.

    On Fox News Channel, Harris surrogate Pete Buttigieg appeared for a contentious interview with “Fox & Friends” host Brian Kilmeade.

    “Is this an interview or a debate?” Buttigieg said at one point. “Can I at least finish the sentence?”

    Former NBC News anchor Brian Williams began a one-night appearance on Amazon to deliver results, and he already had one unexpected guest in the California studio where he was operating. Puck reporter Tara Palmeri was supposed to report from Trump headquarters in West Palm Beach, but was denied credentials to attend by the former president’s team.

    Trump campaign manager Chris LaCivita, in revealing the banishment, described her as a “gossip columnist” in a post on the social media site X. Palmeri told Williams that she had accurately reported some anxiety within the Trump camp about who was voting early.

    Amazon said Palmeri was replaced at Trump’s Florida headquarters by New York Post reporter Lydia Moynihan.

    Neither Axios or Politico would immediately confirm reports that some of their reporters were similarly banned, and the Trump campaign did not immediately return a call for comment.

    New York Times strike affects an election night fixture

    One notable election night media fixture — the Needle on The New York Times’ website — was endangered by a strike by technical workers at the newspaper.

    The newspaper said early Tuesday that it was unclear whether it would be able to include the feature on its website during election night coverage since it relies on computer systems maintained by engineers at the company, including some who went on strike early Monday.

    The Needle, as its name suggests, is a graphic that uses voting results and other calculations to point toward the likelihood of either presidential candidate winning.

    The 2024 election is here. This is what to know:

    News outlets globally count on the AP for accurate U.S. election results. Since 1848, the AP has been calling races up and down the ballot. Support us. Donate to the AP.

    First introduced in 2016, it became nightmare-inducing for supporters of Democrat Hillary Clinton, who the Times determined had an 85% percent chance of winning the election. Readers watched as the Needle moved from forecasting a “likely” Clinton victory at the beginning of election night, to “toss-up” by 10 p.m. Eastern to “leaning Trump” at midnight. Trump won the election.

    The Times said that “we will only publish a live version of the Needle if we are confident” that the computer systems it relies upon for data are stable.

    Some 650 members of the Times’ Tech Guild went on strike early Monday.

    ___

    David Bauder writes about media for the AP. Follow him at http://x.com/dbauder.

  • Boeing strike will dent last jobs report before election

    Boeing strike will dent last jobs report before election

    Boeing workers gather on a picket line near the entrance to a Boeing facility during an ongoing strike on October 24, 2024 in Seattle, Washington. 

    David Ryder | Getty Images

    Boeing‘s more than seven-week machinist strike is set to hit Friday’s U.S. jobs report — the last one that will be released before Nov. 5 presidential election and the Federal Reserve’s meeting next week. The company’s impending job cuts, meanwhile, will take months more to show up.

    Some 44,000 U.S. workers were on strike when the Labor Department conducted its survey in mid-October. About 33,000 of them are Boeing machinists, who walked off the job on Sept. 13 after overwhelmingly voting against a union-endorsed labor contract and in favor of their first strike since 2008.

    Economists expect the U.S. to have added 100,000 jobs in October. Bank of America this week forecast that payroll tallies will be at least 50,000 lower than they would have otherwise been because of the strikes and affects of both Hurricane Helene and Hurricane Milton.

    Federal Reserve Governor Christopher Waller said in an Oct. 14 speech that those factors could have a 100,000-job impact on the October report and called the reductions a “significant but temporary loss of jobs.” He said they “may have a small effect on the unemployment rate, but I’m not sure it will be that visible.”

    Boeing’s machinist strike has complicated the plane maker’s already difficult position as its new CEO, Kelly Ortberg, tries to steer the giant U.S. manufacturer and exporter out of safety, quality and financial crises. The unionized machinists, mostly in the Seattle area, voted 64% against a new proposal last week, which included 35% wage increases, compared with a 25% wage hike in an earlier tentative agreement.

    In an aerial view, a Boeing 737 Max fuselage is seen on a railcar during an ongoing strike by Boeing factory workers in Seattle on Oct. 24, 2024.

    David Ryder | Getty Images

    The Biden administration has gotten involved, urging the two sides to reach a deal.

    “With the continued assistance of Acting Secretary of Labor Julie Su, your Union bargaining committee had a productive face-to-face meeting with the company to address key bargaining issues,” the International Association of Machinists and Aerospace Workers District 751 said late Tuesday.

    Su had met with both sides before the last proposal was brought to a vote on Oct. 23.

    Boeing’s impact on U.S. employment numbers is set to continue. CEO Ortberg said earlier this month that the company will cut 10% of its global workforce, or 17,000 people, though job-loss warning letters aren’t expected to go out until mid-November.

    Ortberg, who took over as CEO in early August, said Boeing needs to become leaner and focus on its core businesses.

    “One of the things I’ve heard from a lot of employees is there’s just too much overhead. It slows them down in being able to get their work done,” he said on an Oct. 23 quarterly call. “So we’re going to really focus this workforce reduction in streamlining those overhead activities, consolidating things that can be consolidated.”

    Layoffs and their announcements are more complicated to factor into federal employment surveys than strikes because “we don’t have a good sense of when they occur,” noted Bank of America economist Stephen Juneau.

    The impact of Boeing’s strike could lead to further cuts in the fragile aerospace supply chain.

    Boeing fuselage maker Spirit AeroSystems earlier this week put about 700 Wichita, Kansas, workers on a 21-day furlough. A spokesman for the company, which Boeing is in the process of acquiring, told CNBC last week that Spirit is considering hundreds of additional furloughs or layoffs if the Boeing strike lasts past Nov. 25.

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  • Trump tariffs could spike retail prices dramatically: NRF report

    Trump tariffs could spike retail prices dramatically: NRF report

    People shop in an Abercrombie & Fitch store in midtown Manhattan on October 24, 2024 in New York City. 

    Spencer Platt | Getty Images

    Former President Donald Trump‘s universal tariff proposals could cause prices to skyrocket on clothing, toys, furniture, household appliances, footwear and travel goods, according to a new report from the National Retail Federation.

    The study, released on the eve of Election Day, adds to the pile of economic and industry analysis warning of the inflationary impacts of the Republican presidential nominee’s hardline approach to trade.

    Trump has said he would impose a 10% or 20% tariff on all imports across the board. He has also floated tacking on a specifically high China rate of between 60% and 100%.

    In both cases, the NRF found that the impact of Trump’s tariffs would be “dramatic” double-digit percentage price spikes in nearly all six retail categories that the trade group examined.

    For example, the cost of clothing could rise between 12.5% and 20.6%, the analysis found. That means an $80 pair of men’s jeans would instead cost between $90 and $96. A $100 coat? That would cost between $112 and $121.

    These new prices would squeeze consumer budgets, especially for low-income households that spend triple as much of their monthly budgets on apparel as high-income households spend, according to the Bureau of Labor Statistics.

    The report found that the greatest price spikes could occur for toys: between 36.3% and 55.8%. The price of a $200 crib would also rise to between $213 and $219.

    On the macro level, those price increases would also erode consumer spending. The report found that the more expensive retail goods would lead to a $46 billion decrease in purchasing power, if Trump imposes both universal tariffs and especially high China rates.

    “Broad-based tariffs on the scale former President Trump has proposed will act as a massive tax increase on American families as they pay more for all imports, cutting into their purchasing power and thus weighing heavily on their spending and the overall economy,” Chief Moody’s Economist Mark Zandi told CNBC.

    The report did not factor in Trump’s new proposal, announced Monday, to impose a 25% tariff rate on Mexico if the country does not impose stricter border regulations, which he announced at his rally in Raleigh, North Carolina.

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    Vice President Kamala Harris has capitalized on the economic criticism of Trump’s broad tariff plans, framing them as a “Trump sales tax” on American consumers. Instead, she favors a more targeted approach to the duties.

    But many voters respond well to Trump’s tariff proposals, feeling that years of free trade decimated factory towns across America.

    However, Trump’s tariffs during his first presidential term, including duties on foreign metals and washing machines, failed to raise the overall number of jobs in the relevant industries, a nonpartisan working paper found.

    “If higher taxes are placed on these imports from China, their production will move to other less developed countries,” said Mary Lovely, a senior fellow at the Peterson Institute for International Economics.

    Given the relatively higher wages in the U.S., Lovely said, “it is very unlikely that many jobs will be created in these industries.”

    That means Americans won’t see additional jobs but will see prices rise.