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Yen strategists diverge on outlook as Trump adds to uncertainty

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TOKYO -- Yen strategists are divided over the currency's direction now that Donald Trump's return to the White House is casting uncertainty over the pace of U.S. rate cuts. Yen bulls foresee the currency strengthening to 140 over the next year whereas bears predict it weakening to 160.

Published: 2024-11-27 03:33:15

UK, US retail giants hit by ongoing disruption after ransomware attack on supply chain firm

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A ransomware attack on Blue Yonder, one of the world’s largest supply chain software providers, is causing ongoing disruption to operations at a number of major U.S. and U.K. stores and retailers. Arizona-based Blue Yonder, which was acquired by Panasonic in 2021, said in a statement on its…

Published: 2024-11-27 03:33:10

NBC Tries To Gaslight Americans Into Believing That A 10-Person Thanksgiving Dinner Costs $58 This Year, & The Backlash Was Glorious

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Great news everybody, Thanksgiving is apparently super affordable this year! According to a recent Farm Bureau survey of nationwide grocery prices, it will only cost you $58 to cook up a 10-person Thanksgiving Day meal this year, which is 5% drop compared to last year, and the lowest since 2021.…

Published: 2024-11-27 03:33:07

Asian stocks weak amid Trump tariff worries; yen firm

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By Kevin Buckland TOKYO (Reuters) - Asian stocks were heavy on Wednesday as investors fretted over what countries could be targeted for tariffs under incoming U.S. President Donald Trump, a day after he pledged new levies on Canada, Mexico and China. The loonie and peso remained weak following…

Published: 2024-11-27 03:33:00

Jamieson Greer selected as Trump's United States Trade Representative

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President-elect Trump selected Jamieson Greer to serve as his U.S. trade representative on Tuesday. Greer, an aide in the trade office during Trump’s first term, will help steer the president-elect’s trade agenda. Greer is a partner at King & Spalding, and the scope of his work includes “trade…

Published: 2024-11-27 03:32:51

Sustaining Israel-Hezbollah ceasefire poses huge challenge for Biden and Trump

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Reaching a ceasefire between Israel and Hezbollah was a hard-won diplomatic achievement, but preventing it from collapsing could ultimately be more difficult. Why it matters: The U.S. will now be tasked with maintaining calm along one of the most volatile borders in the Middle East, between Israel…

Published: 2024-11-27 03:33:13

Donald Trump taps Jamieson Greer for US trade representative

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President-elect rounds out economic team with Kevin Hassett as director of National Economic Council

Published: 2024-11-27 03:33:03

Samsung replaces memory, foundry chiefs amid AI chip struggles

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SEOUL -- Samsung Electronics has replaced the heads of its memory and foundry semiconductor businesses as the chipmaker struggles to keep up in the global race to develop advanced artificial intelligence chips. Samsung announced on Wednesday that its memory semiconductor department will be put…

Published: 2024-11-27 03:22:29

Australia's lower house passes bill seeking to ban young children from social media

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Australia's House of Representatives passed a bill on Wednesday that seeks to ban children under the age of 16 from social media, the Associated Press reported, after the country's prime minis...

Published: 2024-11-27 03:33:19

Taiwan's Foxconn says global manufacturing footprint to shield it from Trump's tariffs

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Taiwan’s Foxconn said on Wednesday it expects any impact of new tariffs from U.S. President-elect Donald Trump to hit it less than its rivals, citing its global manufacturing footprint.

Published: 2024-11-27 03:22:12

Freddie Mac, Fannie Mae backing bigger home loans in 2025

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The Federal Housing Finance Agency (FHFA) announced Tuesday it is raising the loan amount limits for mortgages purchased by Freddie Mac and Fannie Mae by 5.2% in 2025, as home prices continue to soar in the U.S. The new conforming loan limit (CLL) value for a one-unit home will be $806,500 next…

Published: 2024-11-27 03:22:00

How does my credit card payment get allocated?

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Key takeaways The Credit CARD Act of 2009 standardized the allocation of credit card payments among different balances. Card issuers must allocate credit card payments above the minimum payment according to the highest interest rate balance first, in descending order. Making only the minimum…

Published: 2024-11-27 03:11:26

"This Looks So M16-Ish To Me": Russian Special Forces Receive New Main Battle Rifle

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"This Looks So M16-Ish To Me": Russian Special Forces Receive New Main Battle Rifle Russian special forces, commonly known as "Spetsnaz," are set to receive a newly designed main battle rifle that closely resembles the German Heckler & Koch 417 automatic assault rifle. The Russian media outlet…

Published: 2024-11-27 03:11:22

Hong Kong home prices rise for the first time since March, though rents cool slightly

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Hong Kong home prices rise for the first time since March, though rents cool slightly Secondary home prices increased 0.62 per cent in October Secondary home prices increased 0.62 per cent to a reading of 290.1 in October from 288.3 in September, according to data from the Rating and Valuation…

Published: 2024-11-27 03:11:09

My new card has a lower credit limit than I expected

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Your credit limit — that is, the maximum amount available for you to spend using a credit card — is usually a mystery until after you get approved for a new credit card. Therefore, it’s understandable that you may be grappling with disappointment if you qualified for a lower credit limit than you…

Published: 2024-11-27 03:00:11

Trump’s victory could make life harder for Hong Kong—and that may be good news for Singapore’s banks

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Banks like Singapore's OCBC are poised to gain from Chinese investment into Southeast Asia—now potentially supercharged by a new Trump trade war. Read More

Published: 2024-11-27 03:11:01

Donald Trump's Favorability Rising After Election, Polls Show

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Recent polling has found that more Americans view Trump favorably following his election win.

Published: 2024-11-27 03:00:12

United blames FAA staffing shortages for causing ‘significant disruption’ at Newark Airport

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United blames FAA staffing shortages for causing ‘significant disruption’ at Newark Airport By Reuters Published Nov. 26, 2024, 6:44 p.m. ET United Airlines said Tuesday that an acute shortage of air traffic controllers was causing “significant disruption” for travelers at its busy Newark, NJ, hub…

Published: 2024-11-27 02:49:28

Warren Buffett gives away another $1.1B and plans for distributing his $147B fortune after his death

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Warren Buffett gives away $1.1B, plans how to give his $147B fortune after his death He offered new details about who will be handing out the rest of his fortune. OMAHA, Neb. -- Investor Warren Buffett renewed his Thanksgiving tradition of giving by handing out more than $1.1 billion of Berkshire…

Published: 2024-11-27 02:49:14

Walmart’s DEI rollback signals a profound shift in the wake of Trump’s election victory

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Walmart’s sweeping rollback of its diversity policies is the strongest indication yet of a profound shift taking hold at U.S. companies that are re-evaluating the legal and political risks associated with bold programs to bolster historically under-represented groups. The changes announced by the…

Published: 2024-11-27 03:00:09

Asian markets trade mixed as Israel-Hezbollah ceasefire takes effect

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Asian markets mostly traded mixed on Wednesday following a ceasefire agreement between Israel and Hezbollah in Lebanon. The ceasefire, brokered by the United States, ended over a year of fighting tha...

Published: 2024-11-27 02:49:17

US Marshals And FBI Warn Public Of Nationwide Phone Scams

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US Marshals And FBI Warn Public Of Nationwide Phone Scams Authored by Chase Smith via The Epoch Times (emphasis ours), The U.S. Marshals Service and the FBI are alerting the public about widespread phone scams involving individuals impersonating law enforcement officials. Scammers are posing as…

Published: 2024-11-27 02:49:28

Vietnam PM hopes U.S. will recognise country as market economy

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Vietnam's Prime Minister Pham Minh Chinh told a business summit on Wednesday that he hoped the United States would recognise Vietnam as a market economy, noting that more than 70 other countries already did.

Published: 2024-11-27 02:49:19

Kevin Hassett returning as an economic adviser for second Trump administration

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Kevin Hassett is heading back to the White House as an economic adviser. President-elect Donald Trump announced Tuesday that Hassett will be director of the National Economic Council, a role that puts him in charge of executing the higher tariffs and tax cuts promised during the campaign.…

Published: 2024-11-27 02:49:28

Hyundai Motor to buy back $716 mln worth of shares

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Hyundai Motor will buy back 1 trillion won ($715.79 million) worth of shares starting on Thursday over three months, the company said in a regulatory filing on Wednesday.

Published: 2024-11-27 02:49:13

Dell’s AI boost derailed slightly by Blackwell transition and slower move to AI PCs

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Dell Technologies Inc.’s recent AI boost was derailed slightly on Tuesday, as the computer maker’s weaker outlook — due to a double whammy of AI product transitions in both servers and PCs — disappointed investors.

Published: 2024-11-27 03:32:52

Google to wrap up Christmas Island with new subsea cable

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Google to wrap up Christmas Island with new subsea cable Connection will tie remote territory to Darwin in North Australia A Google-funded subsea cable will connect the Australian territory of Christmas Island to Darwin on the mainland. That cable, named Bosun after an iconic Christmas Island…

Published: 2024-11-27 02:49:15

Chinese courier S.F. Holding makes flat debut on Hong Kong Exchange

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HONG KONG -- China's largest delivery logistics company, S.F. Holding, listed on the Hong Kong Exchange on Wednesday, with its shares opening virtually flat despite being oversubscribed. The company raised a total of 5.83 billion Hong Kong dollars ($749 million) with an offer price of HK$34.20, in…

Published: 2024-11-27 02:38:21

Trump picks Kevin Hassett to lead White House economics team

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The president-elect vowed dramatic tariff hikes on Monday night but has tapped traditional conservatives for his most important economic positions.

Published: 2024-11-27 02:49:11

Yen Strengthens on Possible Safe-Haven Demand

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The yen strengthened on possible safe-haven demand amid concerns over U.S. President-elect Trump’s pledge to impose tariffs.

Published: 2024-11-27 02:38:12

FAA decides no immediate action needed on Boeing MAX engine smoke risk

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A technical review by the FAA decided the risk from an engine vulnerability does not warrant immediate action, contrary to an internal report last month.

Published: 2024-11-27 02:38:06

Intel’s (NASDAQ:INTC) CHIPS Act Payout: $7.87 Billion

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Suspicious Activity Detected Activity violating our Terms of Use has been detected on your TipRanks account. Such activity could comprise of any of the following: Exceeding 80 page views of a specific page type within a 24 hour period. Utilizing bots, crawlers or other scraping tools. In most…

Published: 2024-11-27 02:27:26

Hong Kong stocks trade near 2-month low as Chinese industrial profits fall for third month

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Hong Kong stocks trade near 2-month low as Chinese industrial profits fall for third month Industrial profits at large Chinese companies dropped 10 per cent from a year earlier in October The Hang Seng Index fell 0.2 per cent to 19,112.58 as of 10.03am local time, while the Hang Seng Tech Index…

Published: 2024-11-27 02:27:09

Trump taps Kevin Hassett as National Economic Council head

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President-elect Trump has chosen former White House economic adviser Kevin Hassett to lead the National Economic Council in his next administration, he said Tuesday. “I am very pleased to announce that Dr. Kevin A. Hassett, of Massachusetts will serve as the Director of the White House National…

Published: 2024-11-27 02:27:10

Trump Said To Be Weighing Direct Talks With North Korea's Kim

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Trump Said To Be Weighing Direct Talks With North Korea's Kim During his first term in the White House, President-elect Donald Trump held three meetings with North Korea's Kim Jong Un. The First was in Hanoi, followed by a highly 'controversial' meeting at the Korean border, which was the first…

Published: 2024-11-27 02:27:01

Trump taps Jamieson Greer as US trade representative as ramps up tariff plans

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President-elect Donald Trump on Tuesday chose trade lawyer Jamieson Greer as his new U.S. trade representative, elevating a key veteran of his first-term trade war against China to execute a sweeping tariff agenda that promises to upend global trade.

Published: 2024-11-27 02:27:27

US appeals court says Treasury ‘overstepped’ authority in Tornado Cash sanctions

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The court reversed a district court decision, ruling that Tornado’s smart contracts are not "property" and therefore cannot be sanctioned.

Published: 2024-11-27 02:27:22

Microsoft, HP and Dell ramp up China parts output before Trump's return

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TAIPEI -- Microsoft, HP and Dell are rushing to prepare as many electronics components as possible before January in expectation that Donald Trump will hike tariffs on Chinese goods when he returns to the White House. Microsoft has been asking suppliers to ready more components for its cloud…

Published: 2024-11-27 02:16:20

Jack Smith's Legal Moves Sidestep Trump's New Attorney General: Expert

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Smith moving to dismiss his cases against Trump could leave the possibility that they stay alive, Barbara McQuade said.

Published: 2024-11-27 02:16:27

Trump nominates Jamieson Greer for trade representative, Kevin Hassett for National Economic Council

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President-elect Donald Trump has announced a slew of nominations, including international trade attorney Jamieson Greer to be his U.S. trade representative

Published: 2024-11-27 02:16:06

5 of the top business schools enrolled fewer minorities in the year since affirmative action was overturned

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Harvard Business School reported a slight dip in the number of underrepresented minority students in this year's cohort. Brooks Kraft LLC/Corbis via Getty Images Five top US business schools enrolled less racially diverse classes this year compared to last year. Bloomberg analyzed demographic data…

Published: 2024-11-27 02:16:32

Remaining Massachusetts communities reach deals with striking teachers

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Two Massachusetts communities reached deals with their striking teachers union Tuesday, ending the last of three teachers strikes in communities north of Boston. The Marblehead School Committee and the Marblehead Education Association announced that they reached tentative agreements and that…

Published: 2024-11-27 02:16:18

Trump fills out his economic team with two veterans of his first administration

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President-elect Donald Trump is turning to two officials with experience navigating not only Washington but the key issues of income taxes and tariffs as he fills out his economic team.

Published: 2024-11-27 02:38:26

11 Easy Holiday Marketing Emails to Send Your Customers

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There’s no better time than the holidays to reach out to your customers with helpful, relevant marketing emails. Here are some ideas.

Published: 2024-11-27 02:16:20

US strikes Iranian-aligned militia's weapon storage facility

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The United States Central Command (CENTCOM) destroyed a weapons storage facility belonging to an Iran-aligned militia in Syria in response to an attack on US personnel, according to a post by CENTCOM ...

Published: 2024-11-27 02:05:23

JGBs Fall, Tracking Price Declines in U.S. Treasurys

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Japanese Government Bonds fell in the Asia morning trade, tracking overnight price declines in U.S. Treasurys.

Published: 2024-11-27 02:16:12

Trump picks former Gingrich aide to lead Domestic Policy Council

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President-elect Donald Trump has chosen his campaign speechwriter to lead his Domestic Policy Council. Vince Haley, who was also director of policy during the campaign, will head his domestic policy agenda, Trump said in a statement Tuesday. “As Director of the Domestic Policy Council, Vince…

Published: 2024-11-27 02:05:08

Israel-Hezbollah ceasefire officially takes effect

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More to come......

Published: 2024-11-27 02:05:13

Why Mexico Will Find It Tough to Heed Trump's Calls to Tame the Cartels

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Mexican officials fear relations will suffer as Donald Trump takes aim at the growing power of fentanyl-smuggling gangs.

Published: 2024-11-27 02:05:25

Oil prices steady amid focus on Israel-Hezbollah ceasefire, OPEC+ policy

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Oil prices steadied in early trade on Wednesday, with markets assessing the potential impact of a ceasefire deal between Israel and Hezbollah, and ahead of Sunday's OPEC+ meeting.

Published: 2024-11-27 02:05:02

A.I. Agents Are Here: What Are They and Will They Take Away Human Jobs?

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Imagine having an A.I. assistant that knows you so well that it can handle your everyday tasks without you lifting a finger—scheduling meetings, sending emails, or even shopping online. That’s the vision behind OpenAI’s latest innovation, Operator. Instead of just providing text-based responses,…

Published: 2024-11-27 02:05:25

Second Amendment Roundup: The Second Amendment Dialogue at Fed Soc's National Convention

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The Volokh Conspiracy Mostly law professors | Sometimes contrarian | Often libertarian | Always independent "Applying the Text and History Methodology to Looming Second Amendment Battles After Rahimi" was the topic of a session on November 16 at the Federalist Society's 2024 National Lawyers…

Published: 2024-11-27 02:05:31

Winds Of Change Might Blow Through Crypto Sector During Trump's 2nd Term

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Winds Of Change Might Blow Through Crypto Sector During Trump's 2nd Term Authored by Andrew Moran via The Epoch Times (emphasis ours), Securities and Exchange Commission (SEC) Chair Gary Gensler’s departure in January could transform the U.S. cryptocurrency regulatory landscape. An image of…

Published: 2024-11-27 02:05:28

If the DOJ forces Google to break open Android, should Microsoft make the fabled "Surface Phone"?

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Windows Phone is dead. You know it, I know it. Everyone knows it. As painful as it still is, the world has accepted a duopoly in mobile computing, revolving around iOS and Android. Apple is the darling of the U.S. tech industry, and has enjoyed a privileged spot dominating the western phone…

Published: 2024-11-27 01:54:20

Decline Similar to Thanksgiving Massacre of 2020

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What to know: - Bitcoin suffered a steep decline four years ago around Thanksgiving after being turned away at the $20,000 level. - The action this year after failing at $100,000 is similar, though less severe so far. - Those who bought the dip in 2020 didn't have to wait long to be rewarded. The…

Published: 2024-11-27 01:54:08

Kraken to Begin Shutdown of NFT Marketplace

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Cryptocurrency exchange Kraken reportedly is shutting down its non-fungible token (NFT) marketplace, saying it will move more resources into new offerings. The company unveiled its NFT marketplace about two years ago, during which time NFTs fell along with the crypto bear market but have not…

Published: 2024-11-27 02:48:58

Donald Trump selects Kevin Hassett to lead National Economic Council

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President-elect Donald Trump picked Kevin Hassett to lead the National Economic Council, a role that puts him at the center of the administration's policy-making discussions from trade to taxes and deregulation. The move brings Trump closer to rounding out his economic team, with U.S. trade…

Published: 2024-11-27 01:54:21

Trump's proposed tariffs could bring higher prices for groceries, cars and clothing

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Cars, apparel, electronics and more could see prices go up if President-elect Donald Trump follows through on his pledge to impose sweeping new tariffs on imports from Mexico, Canada and China.

Published: 2024-11-27 02:05:19

Trump taps Jamieson Greer as trade representative

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More to come......

Published: 2024-11-27 01:54:05

3 Warren Buffett Stocks to Hold Forever

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In This Article: If you're looking for the best stocks to buy and hold forever, borrowing a pick or two from Warren Buffett is never a bad idea. He's not called the Oracle of Omaha for nothing, after all. There's a reason his Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) has been able to…

Published: 2024-11-27 03:00:15

Texas Democrat says Trump's tariffs 'will definitely get Mexico to the table' to solve immigration, fentanyl problems

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Rep. Henry Cuellar (D-Texas) said Tuesday that President-elect Trump’s tariffs “will definitely get Mexico to the table” to solve immigration and fentanyl problems. “If it means a 25 percent tariff to potentially fix the border, would you favor that?” NewsNation’s Blake Burman asked Cuellar in a…

Published: 2024-11-27 01:54:02

China's industrial profits fall by 10% in October as deflation worries linger

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China's industrial profits dropped by 10% in October from a year ago, in another sign that Beijing's stimulus measures have yet to reverse a slump in corporate earnings. That followed a 27.1% year-on-year decline in September, the steepest plunge since March 2020. Industrial profits are a key…

Published: 2024-11-27 01:54:04

Dow Jones, S&P 500 At New High After Fed Minutes; Dell, Workday, CrowdStrike Report (Live Coverage)

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The Dow Jones Industrial Average erased early losses and finished at a record high Tuesday as investors reacted to the release of minutes from a recent Federal Reserve meeting. Meanwhile, President-elect Donald Trump's pledge to impose tariffs on three countries had a mixed effect on the stock…

Published: 2024-11-27 01:43:27

SF Holding’s shares deliver flat trading debut in Hong Kong amid tepid market sentiments

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Shares of the Chinese courier firm SF Holding began trading at HK$34.40, unchanged from its IPO price.

Published: 2024-11-27 01:43:19

Trump Selects Jamieson Greer as Trade Representative

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The lawyer Jamieson Greer is set to be the top U.S. trade negotiator, a crucial position given the president-elect’s threats to impose tariffs on imports from other countries.

Published: 2024-11-27 01:43:24

Record 3,000 fake Gibson electric guitars seized through L.A., Long Beach ports, feds say

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Record 3,000 fake Gibson electric guitars seized through L.A., Long Beach ports, feds say More than 3,000 fake Gibson electric guitars have been seized through the Los Angeles-Long Beach port complex as part of a multiagency law enforcement investigation, making it the largest counterfeit musical…

Published: 2024-11-27 01:54:08

Trump Taps Kevin Hassett to Lead National Economic Council

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As director of the White House National Economic Council, Kevin Hassett would work closely with the Treasury secretary to push forward President-elect Donald J. Trump’s economic plans.

Published: 2024-11-27 01:43:43

Samsung Elec replaces memory and foundry business heads in sweeping reshuffle

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By Hyunjoo Jin and Heekyong Yang SEOUL (Reuters) - Samsung Electronics said on Wednesday it has named Jun Young-hyun as the new head of its memory chip business and co-CEO of the company, while Han Jin-man will become the head of the foundry business with a promotion to president. Samsung also…

Published: 2024-11-27 01:32:29

China state media dismiss Trump's tariff vow, focus on fentanyl

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China's state media shrugged off U.S. President-elect Donald Trump's pledge to slap additional tariffs on Chinese goods in editorials late on Tuesday, accusing the former president of blaming China for the country's failure to address the fentanyl crisis.

Published: 2024-11-27 01:43:11

Biden Announces Israel, Hezbollah Cease-Fire Agreement | Balance of Power

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"Balance of Power" focuses on the intersection of politics and global business. On today's show, Nazak Nikakhtar, National ...

Published: 2024-11-27 01:49:50

ICC administrative judges recommend Peoples Gas resume paused pipeline replacement program

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While it is not a final decision, two Illinois Commerce Commission administrative law judges issued a proposed order Tuesday recommending Peoples Gas resume its paused pipeline replacement program, with some limits to the scope of the work and two years to file an updated plan. The order approves…

Published: 2024-11-27 01:32:31

Biden 'Praying' for a Gaza Cease-Fire Before Leaving Office

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President Joe #Biden said #Israel reached a #ceasefire deal with the Lebanese militant group Hezbollah after weeks of talks mediated by the #US, and he hailed the agreement as a major step to ending a conflict that’s killed thousands of people. #worldnews #politics #geopolitics #Lebanon Read more:…

Published: 2024-11-27 01:43:27

Niall Ferguson, Scott Horton To Debate Ukraine War Tomorrow Evening In ZeroHedge Exclusive

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Niall Ferguson, Scott Horton To Debate Ukraine War Tomorrow Evening In ZeroHedge Exclusive Despite Trump’s promises to bring a swift end to the war in Ukraine by negotiating with Russia, the war has escalated to a dangerous inflection point with long-range U.S., British, and French missiles…

Published: 2024-11-27 01:32:33

CrowdStrike's post-earnings stock drop is a buy. Here's why sellers have it all wrong

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The stock drop plays right into our hands.

Published: 2024-11-27 01:43:08

Gas cars are cleaner than ever, but proposed rules might change it

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For many new and used car buyers seeking their next set of wheels, fuel economy is still one of the deal-breaking attributes that will decide whether to choose one gas-powered car over the other. 🚨Don’t Miss this amazing Black Friday Move! Get 60% off TheStreet Pro. Act now before it’s…

Published: 2024-11-27 01:32:36

FTC urges smart device makers to disclose software update lifecycles

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FTC urges smart device makers to disclose software update lifecycles You need to know in advance when your kit will be bricked or downgraded – it's the law Makers of software-enabled products have been put on notice by the US Federal Trade Commission (FTC) for failing to disclose how long their…

Published: 2024-11-27 01:43:31

New Zealand cuts cash rate by 50 bps, flags further cuts

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New Zealand's central bank cut the cash rate by 50 basis points to 4.25% on Wednesday, as annual inflation ran near the 2% midpoint of its target range and economic activity remained subdued.

Published: 2024-11-27 01:32:14

In careful protest, China Evergrande's investors press for action

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Hundreds of Chinese investors who lost savings in the collapse of China Evergrande launched a coordinated campaign this month to press authorities for an update on the failed property developer, according to people with knowledge of the effort.

Published: 2024-11-27 01:32:41

CNBC Daily Open: A new day, a new Trump policy for markets to digest

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This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. Rates to come down "gradually" U.S. Federal Reserve officials…

Published: 2024-11-27 01:32:22

New Zealand expectedly lowers benchmark rate by 50 basis points in its third straight cut

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New Zealand's central bank expectedly slashed its benchmark interest rate by 50 basis points on Wednesday, marking a third straight cut, as it seeks to boost its struggling economy. The Reserve Bank of New Zealand's interest rate now stands at 4.25%. Economists polled by Reuters had expected the…

Published: 2024-11-27 01:32:41

WHO chief urges regional peace after Lebanon ceasefire announcement

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World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus welcomed the announcement of a ceasefire in Lebanon, calling for urgent peace efforts across the region. He expressed hope ...

Published: 2024-11-27 01:32:31

Major currencies consolidate as market regroups ahead of US inflation measure

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The U.S. dollar steadied against major peers on Wednesday as investors continued to take stock of President-elect Donald Trump's tariff pledges, while keeping an eye on a key inflation figure out of the U.S. later in the day.

Published: 2024-11-27 01:32:29

Mexico threatens to impose tariffs on US goods in response to Trump

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Associated Press MEXICO CITY — President Claudia Sheinbaum suggested Tuesday that Mexico could retaliate with tariffs of its own, after U.S. President-elect Donald Trump threatened to impose 25% import duties on Mexican goods if the country doesn’t stop the flow of drugs and migrants across the…

Published: 2024-11-27 01:21:21

Nordstrom’s Digital Sales and Enhanced Customer Experience Drive Growth in Q3

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While digital sales continued to perform well at Nordstrom, enhancements to the overall customer experience paid off as well, according to CEO Erik Nordstrom. “In the third quarter, our efforts to enhance the customer experience continued to resonate, enabling growth in net and comparable sales,…

Published: 2024-11-27 01:43:25

Trump transition signs White House agreement after delay

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After a lengthy delay, President-elect Donald Trump’s transition team has signed a memorandum of understanding with the White House, allowing the next administration to coordinate with federal agencies.

Published: 2024-11-27 03:10:59

Oil Prices Edge Higher Amid Supply Concerns

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Oil prices edged higher in early Asia trade on reports of potential further delays to OPEC’s planned production hikes, ANZ research analysts said.

Published: 2024-11-27 01:32:28

Jim Cramer sets the record straight on his crypto views

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'Mad Money' host Jim Cramer looks at the recent moves in bitcoin and shares his thoughts on the space.

Published: 2024-11-27 01:50:13

China’s defence minister placed under investigation for corruption

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US officials say probe is part of a wider operation to uncover graft in the People’s Liberation Army

Published: 2024-11-27 01:21:36

Elizabeth Warren Slams Trump Transition Funding Strategy Involving Private Donors, Calls It Ploy For 'Insiders To Line Their Pockets'

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On Tuesday, Sen. Warren (D-Mass.) criticized the funding approach of the Trump transition team, suggesting it was a scheme for insiders to profit. What Happened: Warren took to X to express her concerns about the Trump transition team’s reliance on private donors. She stated, “The reliance on…

Published: 2024-11-27 01:21:24

Trump vows tariffs over immigration. What the numbers say about border crossings, drugs and crime

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In a Monday evening announcement, President-elect Donald Trump railed against Mexico and Canada, accusing them of allowing thousands of people to enter the U.S. Hitting a familiar theme from the campaign trail and his first term in office, Trump portrayed the country's borders as insecure and…

Published: 2024-11-27 01:21:13

Trump's tariffs would crush Canada's economy. Why some industry leaders are calling his bluff

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From auto leaders to farmers, Canadian industry players say patience is a virtue when it comes to Trump's tariff threats — and that the mutually beneficial nature of the Canada-U.S. trade relationship, worth more than a trillion dollars, shouldn't be underestimated.

Published: 2024-11-27 01:21:24

"Superheroes" Reflect Our Powerlessness

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"Superheroes" Reflect Our Powerlessness Authored by Charles Hugh Smith via OfTwoMinds blog, And so we end up back in MovieLand, where we vicariously experience having powers we do not possess in real life. Films reflect the collective unconscious in ironic ways. During the Great Depression,…

Published: 2024-11-27 01:10:20

After tip from California workers, Justice officials say company owes big money to employees, feds

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A Kentucky-based construction company is facing criminal charges after California officials say it evaded $2.5 million in taxes and committed $40,000 in wage theft at projects across the state.

Published: 2024-11-27 01:21:32

Gold Lower as Haven Demand Softens

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Gold edged lower in early Asian trade. Prices dipped as safe-haven demand has softened, UOB analysts said.

Published: 2024-11-27 01:10:04

How Trump's proposed tariffs might affect commodities and energy

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President-elect Donald Trump on Monday pledged tariffs on the United States' three largest trading partners - Canada, Mexico and China. The proposed tariffs would affect a wide range of industries, including oil, natural gas, agriculture and manufacturing, potentially altering long-established…

Published: 2024-11-27 01:10:17

Commission working on study to develop AI model energy efficiency framework [Advocacy Lab Content]

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The European Commission is preparing technical specifications for a study to develop a measurement framework for the energy efficiency of general-purpose AI models. Data centres' share of global energy consumption is expected to grow to 7% by 2030.

Published: 2024-11-27 01:10:07

Intel’s CHIPS Act funding cut by over $600 million

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The White House is reducing Intel’s CHIPS Act award by over $600 million. Initially set to receive $8.5 billion from the domestic silicon production bill, the company will get up to $7.85 billion instead. On Tuesday, The New York Times reported that Intel has extended some plant openings beyond…

Published: 2024-11-27 00:59:13

Judge says Giuliani cannot delay his trial to attend Trump’s inauguration events

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A federal judge has declined to postpone Rudy Giuliani’s court proceedings over his assets handover to the former Georgia election workers he defamed.

Published: 2024-11-27 01:21:28

Berlin's traditional Christmas markets reflect city's growing diversity

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The smells of mulled wine, roasted almonds and hot bratwurst are wafting through the air across the German capital again, as the city's more than 100 Christmas markets are opening their doors this week. But the annual tradition that Germans have cherished since the Middle Ages — and successfully…

Published: 2024-11-27 00:59:31

US Airlines Pull in Billions a Year in ‘Junk Fees’, Senate Report Says

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US Airlines Pull in Billions a Year in ‘Junk Fees’, Senate Report Says Tuesday’s Senate report is a sort of parting shot to the airline industry from the outgoing Biden Administration. Sign up for smart news, insights, and analysis on the biggest financial stories of the day. That extra few inches…

Published: 2024-11-27 00:59:58

Wells Fargo’s Costly Asset Cap Likely to Be Lifted in 2025

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Wells Fargo’s Costly Asset Cap Likely to Be Lifted in 2025 America’s fourth largest bank has been barred by US regulators from adding assets to its balance sheet since 2018. Sign up for smart news, insights, and analysis on the biggest financial stories of the day. Wells Fargo is counting down the…

Published: 2024-11-27 00:59:37

Australia’s lower House passes social media ban for under-16s

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By Rod McGuirk | Associated Press MELBOURNE, Australia — Australia’s House of Representatives on Wednesday passed a bill that would ban children younger than 16 years old from social media, leaving it to the Senate to finalize the world-first law. The major parties backed the bill that would make…

Published: 2024-11-27 00:59:29

Adam Schiff Questions If Trump's AG Will Target Jurors Who Indicted Him

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"Pam Bondi follows through with what she's pledged to do," Schiff told MSNBC's Nicolle Wallace in an interview.

Published: 2024-11-27 00:59:26

Trump Vows Tariffs on Canada, Mexico, and China

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Trump Vows Tariffs on Canada, Mexico, and China Trump promised in a Truth post to levy via 25% tariffs “on ALL products coming into the United States” from Mexico and Canada. Sign up for smart news, insights, and analysis on the biggest financial stories of the day. Still some 50 days out from…

Published: 2024-11-27 00:59:35

Why Poseida Therapeutics Stock Is Rising 228%

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Published: 2024-11-27 00:48:36

He Helped ‘Break’ the Bank of England. Now He May Run the U.S. Treasury

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Three decades before he was tapped to lead the Treasury Department, Scott Bessent was asked to help break another country’s financial system. Then 29 years old, Mr. Bessent, working for the financier George Soros, helped “break” the Bank of England with crushing trades against the British pound.…

Published: 2024-11-27 00:48:31

Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs

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Mexican President Claudia Sheinbaum has suggested Mexico could retaliate with tariffs of its own, after U.S. President-elect Donald Trump threatened to impose 25% tariffs on Mexican goods if the country doesn’t stop the flow of drugs and migrants acros...

Published: 2024-11-27 00:48:12

AWS and Philips Collaborate to Migrate Health Systems to Cloud

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Health technology company Royal Philips and Amazon Web Services (AWS) have expanded their strategic collaboration to offer Philips’ integrated diagnostics portfolio in the cloud. Having already transitioned 150 sites across North America and Latin America to Philips HealthSuite Imaging on AWS,…

Published: 2024-11-27 00:48:14

Ripple Drops Another $25M Into Crypto PAC to Sway 2026 Congressional Races

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Ripple Labs has kicked in another $25 million to the cryptocurrency industry's Fairshake political action committee, one of the most aggressive and high-dollar campaign-finance operations in corporate history. The super PAC has made an unprecedented head start on the 2026 election cycle. Between…

Published: 2024-11-27 00:48:10

Russian State Media: 'How Fast Can Oreshnik Missile Hit US Bases Across The World?'

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Russian State Media: 'How Fast Can Oreshnik Missile Hit US Bases Across The World?' Russia continues to warn the West over its newly unveiled Oreshnik medium-range hypersonic ballistic missile. The Kremlin days ago touted that Washington has now understood and better been able to grasp Putin's…

Published: 2024-11-27 00:48:29

Trump's Senate speed dial

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Incoming Senate GOP leader John Thune (R-S.D.) has a new power dynamic to deal with next year, thanks to his members who keep talking directly with President-elect Trump. Why it matters: Power takes a lot of different forms in the nation's Capitol. Having regular phone calls with Trump ranks high…

Published: 2024-11-27 00:48:09

Goldman Sachs Expects Major Selloffs In Canadian Dollar, Mexican Peso, Says Trump Tariffs Threaten USMCA Agreement

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President-elect Donald Trump's latest tariff proposal could represent a potential economic earthquake, with economists already forecasting significant fallout for trade flows, exchange rates and consumer prices. On Monday, Trump announced plans to impose a 25% tariff on all imports from Mexico and…

Published: 2024-11-27 00:37:42

Dell Stock Slides After Revenue Falls Short of Estimates

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posted third-quarter revenue that fell short of analysts’ expectations, sending shares lower after the closing bell Tuesday. The server and personal computer maker delivered revenue of $24.4 billion, a 10% rise year-over-year, and below the analyst consensus from Visible Alpha. Its net income of…

Published: 2024-11-27 00:37:17

EU’s energy transition resilience needs action, gas infrastructure funding [Advocacy Lab Content]

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Europe needs low-carbon hydrogen, but there’s also a push to develop renewable gases and to incentivise the right infrastructure. Energy resilience requires all options to be on the table.

Published: 2024-11-27 00:37:45

Why JonBenét Ramsey's brother Burke Ramsey didn't appear in a Netflix docuseries about his sister's unsolved murder

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Patsy Ramsey, JonBenet Ramsey, and Burke Ramsey in a family photo. Courtesy of Netflix A new Netflix docuseries explores the JonBenét Ramsey murder case. Some surviving members of JonBenét's family participated, but her brother Burke didn't. Burke Ramsey has had a difficult relationship with the…

Published: 2024-11-27 00:37:15

Australian inflation unchanged at 2.1% in October

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Inflation in Australia came in lower than expected in October, with the country's monthly consumer price index (CPI) rising at an annual pace of 2.1%, unchanged from the 2.1% registered in Septemb...

Published: 2024-11-27 00:37:45

Israel Bombs Beirut as Netanyahu Seeks Cabinet Backing for Truce

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Israel began heavy strikes on Beirut on Tuesday, hours before a cabinet vote over whether to accept a cease-fire with Lebanon-based Hezbollah. Plumes of smoke rose from several locations across the Lebanese capital’s southern suburbs during the afternoon. Israel said eight of its warplanes struck…

Published: 2024-11-27 00:48:24

Our Number One Name: Tesla

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Portfolio Armor's Top Ten Names Portfolio Armor's top ten names have, on average, outperformed the market significantly since December of 2022. Since then, we have full, 6-month performance data on 74 weekly top names cohorts. On average, our top names have returned 18.57% over the next 6 months,…

Published: 2024-11-27 00:37:51

HP forecasts Q1 profit below estimates on sluggish demand in PC market

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HP forecast its first-quarter profit below Wall Street expectations on Tuesday, in a sign of persistent choppiness in demand in the personal computers market. PC makers have seen demand retreat from its peak during the pandemic, when customers stocked up on tech products. Besides, demand for…

Published: 2024-11-27 00:26:51

Florida Man Killed in Golf Club Attack, Police Say

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Palm Beach Gardens Police Chief Dominick Pape said that the golf course incident was "a random act of violence."

Published: 2024-11-27 00:37:17

‘Busiest Thanksgiving ever’ for air travel with more than 18M Americans taking to the skies

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Traveling on Turkey Day? Make sure to carve out some extra time. This Thanksgiving is expected to be the busiest ever for air travel, with a record-setting 18 million Americans expected to jet off for their holiday celebrations in the coming days. “This will be the busiest Thanksgiving ever in…

Published: 2024-11-27 00:26:36

Indonesians head to polls for country's biggest regional elections

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JAKARTA -- Indonesians are heading to the polls on Wednesday morning for the country's biggest local elections ever, with more than 1,500 candidates vying for leadership posts in over 500 administrative regions. This is the first time that Indonesia is holding elections for governors, mayors and…

Published: 2024-11-27 00:26:28

Tornado Cash Sanctions Overturned by U.S. Appeals Court

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U.S. sanctions against Tornado Cash, a service that anonymizes crypto transactions, must be abandoned, a federal appeals court ruled Tuesday. The decision answers a controversial privacy debate on whether the government — via a sanctions list maintained by the U.S. Treasury Department — has a…

Published: 2024-11-27 00:37:35

Wall Street Strategists Are Nailing One Of Their More Important Forecasts For 2024

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Last week, Wall Street began circulating their outlooks for the stock market in 2025. For many folks, the key takeaway from these reports is the year-end price target. As TKer subscribers know, I’m not crazy about taking these price targets too seriously. Sure, I keep an eye out for these targets…

Published: 2024-11-27 00:37:35

The Menendez Brothers' Thanksgiving Schedule and Menu in Prison Revealed

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Lyle and Erik Menendez, who have been in prison at the Richard J. Donovan Correctional Facility in San Diego for the past 34 years for the 1989 double murder of their parents, will enjoy another Thanksgiving meal behind bars. According to InTouch, who received the facility's holiday menu on…

Published: 2024-11-27 00:26:31

Ariana Grande Reveals Bold Stance On Controversial Viral Debate

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The 'Wicked' star talked about her feelings regarding a recent debate sparked by fans of the movie.

Published: 2024-11-27 00:26:28

Broken EV Dreams: Lordstown's Bankruptcy And $10M Investor Settlement

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Lordstown Motors went public on Nasdaq in October 2020, promising to revolutionize the EV sector with its commercial fleet-focused Lordstown Endurance. The company raised more than $675M from investors at the time of merging with SPAC DiamondPeak Holdings to go public. The company aggressively…

Published: 2024-11-27 00:26:39

Trump team set to announce Jamieson Greer as U.S. trade representative

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A longtime protege of Robert Lighthizer, the selection of Greer highlights the central role tariffs will play in Trump’s economic agenda.

Published: 2024-11-27 01:21:38

Could Elon Musk X-ify MSNBC? Don’t Bet On It

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In April 2022, shares in Twitter Inc. soared after a securities filing revealed that Elon Musk had acquired a multi-billion dollar stake in the company. What followed over the course of the next few months is now the stuff of internet legend: Musk would go on to cut a deal to acquire all of…

Published: 2024-11-27 00:15:30

The Libs Are Not Alright

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The Libs Are Not Alright Authored by Dante Moretti via American Mind.org, Political fearmongering has real psychological consequences... In the wake of Donald Trump’s crushing victory over Vice President Kamala Harris, social media has been flooded with videos of apartment- or vehicle-bound…

Published: 2024-11-27 00:15:21

Ozempic covered by Medicare? It could be if Trump agrees to a Biden proposal with a $35 billion price tag

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Millions of obese Americans would get access to popular weekly injectables that would help them shed pounds quickly if a $ 35 billion proposal from the Biden administration is blessed by President-elect Donald Trump. Read More

Published: 2024-11-27 00:26:34

She ditched her auditing job to work at her family's restaurant. 7 years later, she opened a second spot — and turned a profit

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Tan opened a sister outlet of her parent's eatery in February. Erin Liam/ Business Insider Chloe Tan, 30, quit her first job out of college as an auditor. She decided to help out at her parent's eatery, which serves Chinese home-style dishes. Seven years later, she expanded the business and opened…

Published: 2024-11-27 00:26:30

Musicians are increasingly forgoing the major-label system. The problem is that most can't afford to

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Rachel Chinouriri. Chirs Burnett for BI; Lauren Harris Despite the democratization of music in the streaming era, it's still very expensive to record an album. A veteran music lawyer said it can easily cost $250,000, while a Grammy nominee estimated $300,000. Although many artists are forgoing…

Published: 2024-11-27 00:26:23

Brazil Potash Raises $30 Million in U.S. IPO

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A Canadian company mining a key fertilizer for grain crops in Brazil’s Amazon region is set to have its shares traded in the U.S. starting on Wednesday.

Published: 2024-11-27 00:26:37

Trump Ally Holds Up Promotion of Army General Involved in Afghanistan Evacuation

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Pentagon fears the delay could foreshadow other moves against officers under Trump.

Published: 2024-11-27 00:26:32

Jim Cramer defends cryptocurrency support: 'National debt worries are never going to go away'

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CNBC's Jim Cramer on Tuesday defended his stance on cryptocurrency.

Published: 2024-11-27 00:15:20

I started a business where I got paid to play 'Dungeons & Dragons' with people. 3 years later, we run 180 games a month at our main studio, and I'm living the nerdworld dream

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Farez Najid is a professional "D&D" dungeon master who first entered the business after being inspired by Critical Role. Cheryl Teh Farez Najid turned his Dungeons & Dragons hobby into a thriving business in Singapore. Inspired by Critical Role, Najid and his partners opened a studio for paid D&D…

Published: 2024-11-27 00:15:22

Thanksgiving Travel Preview: AAA Expects Record Numbers, TSA Braces For Busiest Day Ever, Arctic Weather Blast

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AAA expects record-setting travel numbers for Thanksgiving 2024 with an estimated 79.9 million travelers, up 2% from the previous record set last year. Here's what to know Tuesday before hitting the road later this week for the holiday. What To Know: AAA attributes the staggering number of…

Published: 2024-11-27 00:15:21

How to maximize your 0% APR credit card and avoid debt traps

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Key takeaways A 0 percent APR credit card can be a great financial tool, but there are debt traps to be aware of when using one. Always make the minimum payments on your credit card to avoid consequences like late fees, damaged credit and penalty APRs. Pay attention to when the intro period ends…

Published: 2024-11-27 00:04:16

Can Trump save Ukraine?

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Putin’s nuclear sabre-rattling may be intended to alarm Western publics. But the course of the war has been shaped precisely by Western fear of escalation. In the frankest terms, Nato has not directly entered the war as a combatant because Ukraine’s victory is not considered worth open conflict…

Published: 2024-11-27 00:59:28

Guterres welcomes Israel-Hezbollah ceasefire announcement

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United Nations Secretary-General Antonio Guterres said in a post on X formerly known as Twitter that he "welcomes the announcement of a ceasefire between Israel and Lebanon."Furthermore, he expressed ...

Published: 2024-11-27 00:04:39

Political fever over EVs has Tesla expert buzzing with confidence

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In an act of politically charged defiance, California Governor Gavin Newsom announced on November 25 that if President-Elect Donald Trump follows through with his plans to eliminate the federal EV tax credit, the state of California will reintroduce a program that will help buyers find themselves…

Published: 2024-11-27 00:15:37

Disney agrees to $43 million settlement in gender pay lawsuit

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The Walt Disney Company agreed to a $43.25 million settlement in a gender pay discrimination class action lawsuit, according to a court filing Monday. The agreement settles allegations initially made in a 2019 lawsuit filed by Disney employee LaRonda Rasmussen, who claimed she was getting paid…

Published: 2024-11-27 00:04:36

Government confirms online slots cap and betting levy to fund NHS services

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Gambling minister says measures will be ‘instrumental’ in helping those most at risk of addiction Bookmakers and casinos will be forced to fund NHS services that tackle problem gambling, after Labour rubber-stamped the previous government’s plans, which also include a cap of as little as £2 on the…

Published: 2024-11-27 00:26:28

Five things the market got wrong about China’s stimulus package

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The approach is more like a marathon than a sprint, focused on making the country’s economic framework more durable and resilient

Published: 2024-11-27 00:59:32

Simpson Thacher and HSF target Luxembourg in private equity push

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Top law firms are opening new European bases as investment grows

Published: 2024-11-27 00:59:16

Arctic Blast to Hit 6 States on Thanksgiving With -20 Wind Chill

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Temperatures will plunge across the northern Plains beginning on Thanksgiving as the first arctic blast of the season arrives. The frigid temperatures will also remain through the weekend, giving holiday travelers something to contend with as they journey home. Nearly 80 million Americans are…

Published: 2024-11-27 00:04:32

Online slots gambling to be limited to £5 per spin

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Online slots gambling to be limited to £5 per spin The amount of money people can place on a single online slots bet will be restricted as part of a wider government overhaul to tackle gambling addiction. A £5 per spin limit will apply to all adults aged 25 and over with £2 per spin limit for 18…

Published: 2024-11-27 00:04:29

Kemi must turn Britain’s vice into virtue

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In her first month as leader of the Conservative Party, Kemi Badenoch has got off to an opportune start. Ignore all the headline-grabbing chatter about her unpopularity, the latest YouGov survey reveals that she has opened a viable route to power. Whether she seizes or squanders it, we will soon…

Published: 2024-11-27 00:59:38

JB Pritzker was the mystery buyer who paid Ken Griffin $19M for the top 2 floors of a Near North Side building

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In such a polarized country, even billionaires like JB Pritzker and Ken Griffin won’t let their political archrivalry get in the way of doing business. The Illinois governor earlier this month paid the founder of the Citadel investment firm $19 million for the top two floors of a 38-story luxury…

Published: 2024-11-27 00:04:33

Australia has shown the way on free speech

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In what might be a world first, the Australian parliament has just dealt a death blow to counter-disinformation legislation that threatened to fundamentally reshape the country’s free speech landscape. The bill, which would have created a two-tier system of speech rights, was comprehensively…

Published: 2024-11-27 00:59:44

How Marseille got hooked on drugs

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Marseille is making headlines — as usual for the wrong reasons. Back in October, two teenagers were caught up in the deadly gang wars that have long plagued France’s second largest city. The first, aged 14, was arrested for killing a minicab driver who’d refused to take him to the spot where he’d…

Published: 2024-11-27 00:59:28

What's Next for Amgen Obesity Drug After Investors Disappointed by Results

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Amgen's weight-loss drug appeared to leave investors disappointed, as shares in the company dropped nearly 5 percent after the results of a study into the drug, known as, MariTide, were released on Tuesday. Amgen revealed the results of a trial into MariTide, which could compete with popular…

Published: 2024-11-27 00:04:33

Best Gifts For Kids 2024 | Forbes Vetted Gift Guide

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Looking for the perfect gift for the little ones in your life? Whether you're shopping for a baby, toddler or school-aged kid, we've got ...

Published: 2024-11-27 01:50:14

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